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~~ ~ ~) ~ t~ ~' s'? CONTRACT OF CdZiDITIONAL SALE OF REAL ES°fATE THIS AGREEMENT' made and entered into by and hetween DWIGHT W. SINGER and RUTH C. SINGER, husband and wife, herein called Sellers, and STEVEN D. MOSEMAN and MARY ANN MOSEMAN, husband and wife, herein called Buyers. WI1'NESSI:TH THAT: Sellers hereby agree to sell and convey to Buyers, and Buyers hereby agree to gurehase from Sellers, the following described real estate in Hall County, Nebraska, herein called the real estate, to-wit: tat Three {3) of Sass Second Subdivision in Section Fourteen {14), Township Eleven {11} North, Range Nine (9) We>t of the 6th P.M., in Hall Covnty, Nebraska and Lot Six {6) of Sass Second Subdivision in Section Fourteen (14), Township Eleven (ii) North, Range Nine (9) West of the 6th P.M., in Hall County, Nebraska, together with all tenements, hereditaments and appurtenances thereto . belonging, ugon the following terms and conditions: I. 1. THE PURCHASE PRICE. As the purchase price for the real estate, Buyers agree to pay to Sellers, and Sellers agree to accent from Buyers, the sum of FIFTY FIVE THOUSAND DOLLARS --- ($Ss,000.00) --- . THE'~.A'•iNER 4F PAY:'B:.*"f. The purchase price shall be paid in the following manner: a.} The sum of $9,962.18 to be tendered to DALE R. SALLAi~IS to satisfy and :•e~ve his intcrest in the real estate. Said amount shai2 be credited on the rnirrhace pz<ce on the date o£ the closing of this contract. b.} There will remain on the contract the cutstanding balance of $45,03?.SZ plus accrued interest on the prepayment. The Buyers agree to pay said sum together with interest on the ungaid balance at a rate of 11.25$ per annum on a ten-year amortization schedule, with payments being made in accordance with said amortization schedule for a period of ten (10) years, and that at the end of ten (30} years, the entire balance including interest, will become ~»@ and nvinae• A ropy of the a~+grr;yation schedule is attached hexeto,marked T:xhibit "A" and made a part hereof by referents. c.) Buyers shall have the privilege of paving, at any time, any sum or sums in addition to the monthly and yearly payments herein required in incze- mants of at least $100.00 without penalty, except that if Buyers prepayment of the balance due under Lhis contract causes Seller to incur a prepayment penalty on any mortgage that may exist on the real estate at the time of said prepayment, then Buyers agree to pay, in addition to the ungaid balance due under this contract, a sum equal to Seller's prepayment penalty on said mort- gage. d.) Should Buyers fail to pay any installment due under this contract at its maturity, then the ungaid pxincipal balance shall bear interest at tha ma+±*e~ legal rate during the period of delinquency. e.} All payments due hereunder shalt be made at such place as Sellers ~y designate. II. i. TAXES. The Sallans agree to pay the general :eat estate taxes an the tool es;ate far the year of 1800 prorated to date of closing.