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80•-: O (~ 6 743 INSTALLMENT CONTRACT FOR SALE OF REAL ESTATE THIS CONTRACT made and entered into this dap o~~~~~ty~.._ _ •, 1980, by and between HAZEL SCHlfIDT, hereinafter ca led ' a~ul SAX PIZZA OF GRAND ISLAND, INC., a corporatiotr, hera#,tts~ter referred tc as "Buyer": 1. Seller agrees to sell and convey to the Buyer, a~ HB agrees to purchase the following described real property in CotnCy, Nebraska: A tract of land comprising a Bart of the South- east Quarter (SEA;), Section Twenty-one {21}, Township Eleven {lI) North, Range Nine (4}, Waat of the 6th P.M., Hall County, Nebraska, more particularly described as follows: beinning at a point seventy-eight {78) feet westerly along the southerly ling of said Southeast Quarter, thence northerly a•_' parallel to the easterly line of said Southeast Quarter a distance of ninety-nine (99) feet; thence westerly and parallel ~e t:tc :>outherly line of said South- east Quarter a ,stance of eighty-seven ($7) feet; thence ao::_herly and parallel to the easterly line of said Southeast Quarter a distance of ninety-nine (99) feet to a point on the southerly pine of said Southeast Quarter; thence easterly sung :he southerly tfne of said £c~uthesat Quarter a distance of eighty-seven (87) feet to tht point of beginning and con- taining 8613 square feet of which 2871 square feet is occupied by County Road Right of way and, Part o.f the Southeast Quarter of the Southeast Quarter (SEIySE~) of Section Twenty-one (21), Township Eleven (,11) North, Range Nine (9) west of the 6th P.M., more particularly des- cribed as follows: Commencing at a point thirty- three feet west of a point ninety-nine (99) feet north of the Southeast Corner of said Section 21; running thence north, parallel with the east section line, for a distance of sixty- six Eeet; thence running west, and parallel with the south section line for a distance of one h~dred thirty-two (132) feet; thence running south, parallel with the east section line for a distance of sixty-six (bb) feet; thence ruzlning east, parallel with the south section line far a distance of one hundred thirty-two (132) feet, to the place of beginning, being a rectangular tract of ground having an east frontage of sixty- sis {.bfi) feet a~ a depth of one hundred thirty- two (132) feet, in Hall County, State of Nebraska, together with all appurtenances and hereditaments thereto belonging and now thereon. 2. PURCHASE PRICE: The purchase price of tF.e above-described renal estate i.s t e sumo SIXTY THOUSANIt (sGn,rnn,n0) ~LLAR.~, patyable as fellows, regardless of any other agreements between thte partiaa: a. The rlncipal balance is payable, with interest at e~ pax sent {e~) per annum. eompu[ea upon the unpaid principal apse aa+d as follona: