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AGREEMENT FOR SALE OF REAL ESTATE THIS AGREEMENT entered into this 1st day of February, 1976, between THE BIG H EQUIPMENT COMPANY, a Corporation, of the First Part called Seller and HAILE CONSTRUCTION COMPANY, a Corporation, of the Second Part called the BUYER. NOW THEREFORE, it is agreed by and between the parties as follows: First party has -this day sold to Second Party [he real estate described in Exhibit A attached hereto sad made a part hereof, together with all singular tenements and hereditaments and appurtenances thereunto belonging or in ',anywise appertaining, IT IS U:iD£RSTOO- AND AGREED FURTHER between the parties that as consideration for said purchase, Buyer agrees to pay Seller as follows: 1. Buyer assumes the present mortgage to [iu, Overland National Bank on said real estate subject to the terms and conditions of said mortgage according to it's balance, 2. Buyer wilt pay seller the sum of TWENTY ONE THOUSA,W AND NO/100 ($21,000.00) DOLLARS cash a[ the time of the signing of this agreement. 3. AS FURTHER PAY`tENT: Buyer will execute and deliver a note to seller far 77,000.00 payable Suly 1, 1977, and Buyer will execute and deliver a note to Seller for $5,000.00 due July 1, 1978; Buver will execute and deliver a note to Seller for $5,000.00 due July 1, 1979; and Buyer will execute and deliver a note to Seller for $5,000,00 due July 1, 1980. 4. The unpaid principal balance shall bear interest at the rate of 6Z per annum frnm date, except [hat the principal on the mortgage assumed by Buyer will be according to the terra of said mortgage. 5. All payments of principal and interest shall be made to Seller by Buyez at the Overland National Bank, Grand Island, Nehreska, or such other place as the parties may agree to in writing. a r .-: .