81004328 - Laserfiche WebLink

Browse

~1- ~it,~3~8 as herein provided, shall become and be immediately due and pay- able at the option of the Sellers without notice or demand, the same being expressly waived, and Sellers may proceed to foreclose this Contract in the manner provided by law. Failure of the Sellers to exercise any optional remedy hereby specified at the time of any default shall not operate as a waiver of the right of Sellers to exercise such optional remedy for the same or any subsequent default at any time thereafter. 6. Buyers specifically agree not to permit waste on the pre- mises and to keep the same in good repair until the sums due under this. Contract have been fully paid, reasonable wear and tear ex- cepted. It is understood and agreed that all costs of repair and maintenance of any kind, nature or description shall be borne by the Buyers and Sellers shall have no obligation in that regard. It is further agreed that Buyers shall not be entitled to :Hake any repairs or alterations on the premises which might result in a lien against the premises in excess of One Thoksand ($1,000.00) Dollars, without first obtaining written consent from Sellers. This provision does not constitute permission to make any such re- pairs or improvements not in excess of the foregoing amount. This does not constitute or is there a restriction against Buyers ob- !aining subsequent mortgages to this agreement subordinate to the interest of Sellers. 7. It is specifically agreed between the parties hereto, that no person shall ever be entitled to any liens directly or indirectly deriving through or under the Buyers or through or under any act or omission of them superior to that in this Contract reserved to Sellers upon either the.Iand above described or any improvement now or hereafter situated thereon or on account of any labor or material furnished, for any such improvements and for or on ac- count of any matter or thing whatsoever. All persons furnishing such labor or material as well as all of such persons whomsoever shall be bound by these provisions of the Contract and by notice thereof from and after the date of. filing of this Memorandum in the Office of the Register of Deeds of Hall County, Nebraska. 8. This Contract shall not be assignad by Buyers without written permission of Sellers, which permission shall not be withheld unreanably. _ _- 9.- It_ is agreed that a tVarranty Deed from Sellers to Buyers i.s being escrowed during the term of this agreement as provided in the Land Sale Contract and is to be delivered to Buyers upon com- pletion of the terms and conditions provided for in the Land Sale Contract executed of even date herewith. 10. This Memorandum of Land Sale Contract is subject to termer conditions and restrictions contained in that certain and recora~ed Land .Sale Contract between Sellers and Buyers dated of even date herewith. ~1ny conflict between provisions of this Meu-nzanc~um of Land Sale Contract and the Land Sale Contract it- self are inaduertent and in the event of a conflict the provisions 4€ flip Land Sale Contract shall prevail. IN N2THT~6 WHER$OF, the gartiea hereof have executed this ~r~ thi s~~ day o f -, _, t _ 1.981. ~ -, sELLER.S BIIYE:RS