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~_~ _.~ ~1S AG1tE~S'E'+i, Bade ar,d entered inter this 3rd day of O~toter , 19$l, by and between GRANT, iNC., a South Dakota corporation, hereinafter exiled "Seller", and LARRY B. COCK2ELL and P(ARY A. COCKFtELL, husband and wife as joint tenants with right of survivorship and not as tenants in common, hereinafter called "Buyers", in consideration of the mutual covenants hereinafter contained, agree as follows: That if the Buyers shall first make the payments and perform the covenants hereinafter mentioned on the Buyers' part to be made and performed, the Seller hereby covenants and agrees to sell and convey, in fee simple, clear of all encumbrances not excepted by Buyers, by a proper Warranty Deed together with an up-to-date abstract of title showing merchantable title in Seller, the fallowing-described real property: Lot One (1), Block Twenty-three (23), University Place, an addition to the City of Grand Island, Hall County, Nebraska; known also as 2607 West Waugh, Grand Island, Hall County, Nebraska, and the Buyers covenant and agree to pay to the Seller as a total sales price for the above-described property e`cte sum o£ Forty-eight Thouaaad Five Hundred Dollara ($4$,500.00) as follows: The sum of Seven Hundred Fifty Dollars {$750.00} upon the execution of this Contract; the sum of Nine Thousand Two Hundred Fifty Dollars ($9,250.00) on or before Octabex 1, 19$1; the balance of Thirty- eight Thousand Five Hundred Dollars ($3$,500.00) on a Contract for Deed far three (3) Yearn, with interest at the rate of twelve percent (12~?