81005343 - Laserfiche WebLink

Browse

~I~~ INSTRLLM€t1T SRl.E CONTRACT This Contract, made a d entered into this day of 481, by and between LouiJ. Raschynialski, a single person, here- inafter referred to as "Seller", and Glen Dale Muhlbach and Sheryl Jean Muhibach, husband and wife, hereinafter referred to as "Buyer", witnesseth: 1. Sale. Seller agrees to sell and convey to the Buyers and the Buyers agree to purchase t.".e following described real property in Hall County, Nebraska: Lot One (1) in 3iock Two (2) in Gosda Subdivision, part of the Southeast Quarter of the Northeast Quarter (SE's€4) of Section 23, Township 11 North, Range 10 West of the 6th P.~4. itt Hall County, Nebraska. together with ail improvements and appurtenances thereto belong- ing including the following personal property located therein: dishwasher. 2. Purchase Price: The purchase price for the above- described rea and personal property is the sum of Fifty-seven thousand dollars ($57,000.00}, payable as follows: a. Seller hereby acknowledges receipt of Seven thousand dollars ($7,000.00} as initial pay- ment on the purchase price of this Contract. b. The balance of $ 50,000.00 with interest at ten percent (10%) per annum shalt be payable in monthly installments, amortized over a thirty year period, which monthly payment shall in- clude principal and interest, with the first payment to be made on the first day of December 1481, and an identical amount on the first day of each month thereafter, The payment shall be $438.79. "~. Possession. Buyers shall have possession of said property upon the exe~vtian of this Contract and payment of the initial payment on or before the 28th day of October, 1981, a. It is further agreed between the Buyers and Seller that Seller shall have the exclusive use of the barn fora period of six months after execution of this agreement. 4. Taxes. The Seller agrees to pay the 1980 and all prior years real estate taxes and the 1981 real estate taxes shall be prorated to the date of settlement based upon the 1480. taxes, 5. Conve ance and Marketable Title. Seller agrees to furnish the uyers w~ a current extehded Rhstract of Title showing him to. be the owner of a good and sufficient marketable title to the above property, free and clear of liens. Seller agrees. to convey the above property by Warranty Deed and to pay for the-expense of documentary stamps and-the Seller will pay for the- extension of an Rbstract of Title, extended to date, shEnrng marketable t9t_1e, and in the-event the title examin- atian reveals any valid-title objections, the Se17er shall have a reasonati.le time to correct such defects and in the event the s conndt be corrected:,.a11 payments made hereunder shall be refunded to the-Buyers. Buyers have the. option of waiving. any defect in title and accepting the same in such Condition.