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Last modified
1/13/2010 6:34:17 PM
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1/13/2010 6:34:14 PM
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DEEDS
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80002902
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Form FmHA-NE 443-3 <br />(Rev, 1-9-76} <br />80~~~~~~ <br />AGREEMENT WITEI REAL ESTATE CONTRACT SELLERS AND BUYERS <br />WHEREAS , LUE J. 11IS,Tii3 and C'.[ARA E. ALi~F1N <br />husband and wife, (hereinafter called "sellers"a have sold to <br />IUE J. Aii.AN, JHnd ~ VIRGINIA ALIAN husband and wife, <br />(hereinafter called "buyers"), under the terms of a certain real estate <br />installment contract, the followic~g described property situated in the <br />State of Nebraska, County of Hall to wit: <br />The East Half of the South Half of the Northwest Quarter (E~S'~~) of <br />Section Twenty-four (24), in Township Efieve*- (11) North. Range Twelve <br />(12), West of the 6th P.M. <br />for the sum of 'tS~1RR STx mFnrtGnTUn n~ NO/100 (S26 000.001 said agreement <br />being dated, executed and acknowledged on ~„rn,at 2'I, 1977. _ and <br />WHEREAS, the buyers propose to obtain a loan in an amount not to exceed <br />TFffiP17t-EIC~ THOC5F1i~-] FIVE HONIYIED TEffR79Do l lays ($ 28 , 530.00 ) from <br />the United States of America, acting through the Fanners Home Administration, <br />United States Department of Agriculture, and which property will be mortgaged <br />to the Government to the extent of the buyers' interest as security in <br />cosmection with said loan, <br />NOW, THEREFORE, in consideration of the foregoing, the sellers or <br />their representatives, agree that they will comply with the terms of said <br />contract except as modified hereby and that in the event of default on the <br />part of buyers wader said coat=act, sellers will judicially fareblose the <br />same and seek deficiency judgment if necessary, and will forego any ocher <br />remedy accorded to them by said contract or by law. The sellers or their <br />representatives, give their consent to the buyers to mortgage the buyers' <br />interest under the above-mentioned real estate contract. Zn the event that <br />the sellers, or their representatives, determine that judicial foreclosure <br />under the real estate contract is necessary to protect their interest, it <br />is hereby agreed that the State Director, Farmers Home Administration, Lincoin, <br />Nebraska, will be provided thirty {30) days written notice prior to such action. <br />L <br /> <br /> <br />
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