Laserfiche WebLink
~ - __ ._._r__ -~ -,.`` <br />8~3-~ ~r;~~~~. <br />EAl. ESTAT£ SALES Af:RYF~f£tti <br />This agreaaast entered into this 6th day :sf Octobaz, 1978, betveea <br />J. Yrank Hughes and Ettie P. Hughes, husband and vlfe, parties of the first <br />part called the Seller sad Karl A. Hughes, Party of the sacood part called gayer. <br />WITNESSETH, Seller has thin day said to Sayer the folladng described <br />propertq: <br />The East half {E~) of the 'inrthesst starter (HElz), <br />of Section Thirty One (3l'.}> Tovnshlp Eleven (11) <br />North, Range EleYen (,11) test of the £th P,11„ LFall <br />UowtY+ !tabraaka, <br />for the coasideratioa of EIC,>"T'Y THOUSA.'~}7 ,M1it:1 riff{100 {$80,000.0!1) I~Oid1,ARS, paq- <br />able as follova: <br />$500.00 down on the signing of this agreewn[, receipt of vhieh <br />is hereby ackaoviedged; <br />$1,000.00 on oz before Hareh 1, 1974, and <br />000.00 on Dacedsar 31, 1979 and <br />5,000.00 4a each Dsc~nbes 31st thereafter until the enure principal <br />balspca, to8ethar with interact mhall ha paid la full. <br />Aa part of the coasidaration of this attreamsn_, it 1s further <br />umisretood sad agrssd bq cad !>at~raeu the parties as falloua: <br />1. 'that tits cstpaid principal shall bear interest at the rata of <br />7~'l par aaatw, payable eoamancing on Decewber 31, 1979, and annually on each <br />17•caiba! 31st thareaftar. Principal and interact sha21 be paid to seller at <br />ssllsr's rssidawes or at such other place ae the parties may designatl In cariting. <br />2. Seller shall pay 1478 an.l prior years razes, aad buyer chaff pay <br />e11 rsal astato taws tharoattar arhan due, together with any insuraaca pramiuma <br />dw under the tesws of this agreement. Failure to paq the real estaea tazas or <br />lasuranq vhee dw shall cauaa the entire principal balances to bacoms due and <br />~+~-B <br />3, Pailura by boyar to cake paymextta of 1utCxcast axtd principal unen ciua <br />uadar the terms of this agreaaeaut shall cause the entire principal balance to <br />baeoma iamsdiataly dua and ovitsg at the option of seller, sub]act to 30 days Erac:a <br />period for boyar to atlcs up the payacent. Waiver of seller tc exercise the option <br />~: ~ ,ttud% ~ JJ' <br />i ;: <br />iL~-~,. t ,~ s:, <br />