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<br />t3it!a.Ead FarPrr tta ~t 9,4 rTrslNswp~trtek fletmrid ~i~uu at ~rwrne, rRR7 ._ _ _iDm,'mwus o%r?RM , ~~i«NG~IA r„I~pG .i~,A+fW>nEBI ._...
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<br />~EAL ESTATE CONTRACT-11YSTA~.~ME3VTS ~~~ a
<br />~~-.~
<br />~/ A $ .Ltd
<br />!T 35 AGitEp~J this__Lft___day of July ~. (q79 , by and between f ~~~~
<br />< ,.
<br />72CKEFw~s FETROLEU:i ~RFORASIOPS __. r`.~ _.. Ser i'.
<br />of the County Pel;c ,State of !owe, Sellers; and
<br />DELL GIL CG.
<br />of the County of Yom , State of Iowa, Buyers:
<br />That the 5eUers, as in this contract provSded+ agree to sell to the Buyers, and the Sayers in consideration of the
<br />premises, hereby agree with the Salvers ttZ Purchase the following described real estate situated in the County of
<br />flail State oft'tG ,.as,.a
<br />g~ to-wit:
<br />Safest 125 feet of Lots, 2,3 and 4 BURCH SUBDIVISION, an Addition to the City of
<br />Grar-d Island, Nebraska
<br />loca~.ly known as 2223 Sputh-Locust Street, Gra~sd Is and, Nebxaska
<br />toget rer with any easements a5tc~o~arv~~ftonq~states appurtenant thereto, but with such reservations and exceptions c= title as !)
<br />may be baton stated, and if and as may be herein described or if and as an itemized list s at-
<br />tacked karate and marked "exhibit A" al! upon ±he terms and conditions following: I(
<br />!. TOTAL PURCHASE PRt6E. ..e buyer cgrees fo cat for Saco pre;.errr the rota) of S 74,200. G0 due end bte at
<br />Gaya y1
<br />Des iwina n~P - _ _ X07 i~ r;
<br />{a) eoYrh3 PArnt~asT of s 14.840 - caanty. Iowa. a% ,allow:: ;;
<br />RECEIPT OF MfHiCN 3S X~ERT ACKNOMEDGED: and ll
<br />(b) RAULt+ICE 6F sBRCMASE PRME, 5 54,360 - at rawaw: f 725.00 including interest (or more at
<br />option of Buyer) on or before the 1st day of September, 1979, and $725.00 including intere~t
<br />(oi-more at.the option of Buyer) an or before the 1st day of each month thereafter until !'
<br />all sums due under this contract aze geld in full including interest on unpaid balances t
<br />thereof at the rate of lOSd percent per annum payable from date of the contract, the date
<br />of possession until fully paid; said payments to be applied first to the interest then
<br />unpaid and next upon the balance of the principal.
<br />'Phis Contract includes real estate and all fixtures thereon or affixed thereto, including G
<br />but not Limited to pumps, building, tanks, signs, lights and all other equipment appurten-~l
<br />ant to sexvice station oppeeration on the remises. '!
<br />Thss Contract includes all allocations o~ gasoline availahle to Seller at this property ;
<br />d r f1yR` rng.,Taticns. /
<br />- ~- ]. P$S~StOH. Buren- t ntly with due per,'ormance on their part shall 6e entitled fo pvssassivn of said premises on the ~R ~ :i
<br />day of }
<br />4~saa.u jq~-q_; and thereafter so tong as they shall per."orm rh•_ obGgaf ons o' thh caotract. I! Buye¢ are taking mbje<t to thr righh i;
<br />~r< ;8a3°e: cad are an•.:}Ied to re*:feis 'herafrcF+ cn and a.r r daft of PaSSeuivn, s ~ndi<ate br "Y<s" n inn space iallawinq l
<br />lp7am7g e +
<br />..:„~. ~)an a,:ast pay - -i3cal ~--ea:. taxes du in fiscal v::ar 19;9; 80 'Tax-s for fiscal
<br />veer 197c31At] n~ a_hTu1 fignaT a IoA_nr sxl shall 3'°` ^d '" - '
<br />-~ --. ~~ y..ar v a: o. a.c asc t.vrccia .~cller pid 4131 ~f ,_
<br />to date cif g~yssess?o~?. Seller shall pay
<br />Ysl( MIY unpaid lases thereon payable in Prior year. Bayer shalt per any ta,es not assumed by SeNen eM 11 wbseGuent lean before sam become delinquent.
<br />Wloerer may be rnpmaible iq. +Ire Paymeaf at card cases, and fhe apecini essnsmenis, ~/ any, each year hell famish fo the other pa,fias evidenw o! perment of
<br />Seth ikms xt kter Shea duly t5 03 each year, As' pvsNss sd base slsR M load ++~ !~ fat t~ 1r gsv wetrq}hr }ssPells salves 9M PayNea sysds
<br />srpMill.
<br />(Decide, for yo.~rs=1i, if thnr formula ~s .. ':! Buyers c.e Furchasinc a bt with ~cwly b~iU inprovtmtn}s.)
<br />4. SPEC3A6 ASiESSSetMTi- Setters that! pay fhe spacial assessments against this property: (Strike ou. either (aj ar (b) b<tor.)
<br />CaTX7,Q~.~`e~9[P47~SS7L7~iX+YaSL~xXX~
<br />(b) Which are a lien thereon as o '~3te Of th15 COT#traC~
<br />f Darcyy
<br />(C) in Judinq el! sewage tl'~spasal asses . en.s o average harge heretofore assessed 6y any corn%cipat:ty haul rg -: ~_r:sdict~:on as a: dale a pp5anlion.
<br />Bvrcrs, e.crpr as above stated, s. a!I pa a.. svbseavenr special assessments and <hergts. be'orc leer become de:inauent.
<br />S MOR'r(kAf.E. A v ortgage ore - tr t z' I t q. lest the -aid grant tv shat be t_ - ly pad by Saesrs sp ±iro aYaysa:i
<br />h ~ty n 5t-utd Stdcn fail fa pavR 8-- rs y n de?evlt and sha.~ e t -,, n M -RiGA~E
<br />8- SELLERS. Sei!e•s tF+er svc_. sots .n .<<st o. ass ens a, asd hereb; reservt •te rghr ro rer a> +..e y__ .he q~, ~ _ .ntertst .n
<br />s <h vrtmius or to r ew esiend any a:ytine modgage r r a y e nt not a eedinq n e<of the ehen apaid bateau aS iha pur-
<br />chest pr~cE herein provided. Tha misresf rate end amortization fherro( shall be ao m re tors than fhe irtsra!tmmt eGvi.rmen+s of Ihis wf}roci. Buren hereby
<br />eaprasAy tonuet fo s~~ h e mortgaga end egret ro acetate and deliver tt etessarv nantntto aid Sell r "~ tcur=nq such m, rtq qe +tth Shea !x prior end
<br />paramoonr to any ct 8uveri than r,ghts i said proptrtv. DEED FOR BUYERS SU BdECF TO MORTGAGE s I' 8uaers have reduced +F.e ba4ance o* leis contraR
<br />b the mov t s t n rtq q bat - _ _ _ _. t. y a s...__ ftd _ _ __~ __ _
<br />- #srec+ tp rtq q -has - - a d ea to w e S to 1 '+e of-o - -- y f fx.arc 8 v - h e ma - - chaa mor}gaga sxn i eni, mar
<br />~~ - p- .f v,tq g< R OCA €D AYk6Er# S ter eve o au --nq t s p uaerv o. a ty h idu instead of halde. o. the ten
<br />- a ~ a fg gt 6-cost _ ti, i eght. +* tas 6v t<essa- rot the p t +on i d or a}Egcan the payments to the
<br />tat rtsftd p ti th mnrsts epee SELi:ERS AS TRtlSTEESr Satteri q § t the I al'e er- he - d %n cyctss of the amount of the
<br />s3 .d. balance nd„r tnz to ms a. .h s eonea.f less the total o t of the an,umbranu a the mternt o- SeAers of 1F :r assigns in said reef estate; acrd it
<br />Sttters. strati Mtaa#er-.<ottR~f ir_e«vr ny-rPensys txrtundar btyond sucfi amavnh, they shell be considered and held as colletling antl rc<eivinq said money as
<br />the -agtat and trustee of the Buyers for the use end. benefit of }ht B~yars-
<br />stan.l tl~URAMCE. Except as may be vtherwhe included 7n fhe fast entente of paragraah I(bl above, Bvyen es and from said dote of possession, :hall on-
<br />•{ pin toter, i ran<e, prerniums therrfar r ve prepaid by torte (w;thovt nosice or demand) against loss
<br />rtd onti+sgrncias-as Seffitr may reasonebi rtGmrc an as! bv, lay fire, tornado and other hazards. c~ssal#ies
<br />whit«h .ar be aha -satsjet# of this eantrae+yin ompaaies to ~idiags and improvements, oov on r hereafter placed n said o .Ices d e y personal prot>a.
<br />reos9 abt ape ovtd br Sailers amount -i t s th n the tall ins able value of s <h ' ~
<br />mepis need ttenonat - rmprwe-
<br />propeny c rmt leas. th ha aId o hale pr a fro e n fi hp amou . Iter h < nsvrence paysbie to Seltera and Bnyen as
<br />rt t% may ppear.: BUy{RS SHAtt PROtd9nY- 91€POSIT 6UCti POLICY WITFS PROPER RfDERS WITH SEtCERS rot iha further security far the payment of
<br />%a(qs heratr cot t+onaA.- to-tt~ tasnt~of- m-srrk ca>< ttY leas;-th -lance p-- -ds may be u d and the s oerv'son of the Sellers to replace szr rcpa+r the
<br />?as f the proceeds ba adeau t d aof, t n sump other rcasonaDl ppfiwtio of cn ands shall be made; but in any event such proceeds shell steed as secur.
<br />+fy:_tor tht paynseht-af the obl,gatrars harem. '
<br />7 CARE Oi P B.ven_ shalt Make ossrsd care M tyis p^a'''erty:- shat} k ftr buiidiags acrd other ' provemMts now hereafttr placed a fhe
<br />a e pre ices i gagd and -rasa bfe repair and -shalt swY ia}~re, destroy or -rem - 'he same dw~np the flit M ih;s oedrod. Buyers shall not make any meterfai
<br />atMrahpn ;asd premise >wstheai fhe_ rriHart-~.gn%tfK vi-fhe St}#ars- Byy a thalt nai nsa pr-petrel! said pranises to be used far any rlftgnl putpasa.
<br />R: "Ut134. ifa -nuchani<s' lira shaft 6e impoud upon pr forcctned against the ran' estate dtsu;bad h_-rein.
<br />f A1R1fANSEWE174 fN SMtERi tf Buyt*i fa # to y such to _~<a! n stssmtet -nd tnrerar;a and e
<br />s„ ~ d _ - «.tt .e . s t reps:rs s~a~ t agrtad. Seitrs
<br />such n - o d-ant a%may,h t zE3 n4p t srcssrnans4 +rsmrarrta ke -ertssary tc .n. nd aft sums s a ~ed h ! be due ands pare..le on demand r
<br />set Rorgaraph 5 Abosx.) h_ ~' - p -'°" .rvdad #o fht Rrrn[Ipas bmaani oue nertunder and o aced f F Bye , r gh's to rake advancemen}s.
<br />Cgyright 1956 by The love Stets Bar Association ~~~y!~~~~ 21 rh. REAL ESTATE C4NTRA„^T
<br />503039 '%'RiT° ~} 7Tn P++nnna Marcn, 19x8
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