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<br /> . 9�� ���1,�� AGREEMENT FO R THE SALE OF REAL ES ATE . • -��. � ��``,—:t��=
<br /> �• THIS AGREEM�NT� made and entered into thia �,,,� ay oP 0 c�ober. i 986� '�' '°'�'�F'�
<br /> , � by and between LAURA J. JEFFRES� a ain�l� woman� ���nQfter referred to �
<br /> ,�'� �e "Se��.�r" and �'�I�n��,.l �ornfioh��.;Hueband and Wife, _
<br /> , ���"�a "Bu exs,� � ��1,' . , .
<br /> hereinafter referred ta � y ,
<br /> WITNESSETH� That the Se11er hereby covenan�e and ��x'eea that if the -
<br /> � Huye�s eha�.l firat make the payments gnd perform the covenanta hereinafter -_
<br /> r►�entioned� on hie or tr�eir parte to be made and performed� the Seller agreea , ��
<br /> • „ to furnish Buyers a �ood and suffiaien� Abetract of Title� ehowing � ,
<br /> ' ! marketable title of record to -the premisea� heieinafter described to the �
<br /> Sellere� and will convey and aseure to the said Buyers� in fee simple� clear , . -
<br /> of all encumbrances except for easemerits of record� a goorl and suffic�.ent t ����.�'
<br /> '',`�4' '1�',_
<br /> , warranty deed� the following piece and parcel of ground� to wit� real •�+:�-..------=:-
<br /> t estate� commonl�► known a� 821 W. Koenig� Grand Ieland, NE � and more ._�;���
<br /> � �-.,��:::..:--..
<br /> particularly known as� THE �;ASTERLY 32.1� F'EET OF THE NORTHERLY 90•35FEET ,�},�}
<br /> , �� �F LOT FOUR (4) IN BLOCK 130 YN 1CO�N3G AND WIEBE'S ADDITION TO �HE CSTY - -
<br /> � 1 OF GRAND ISLAND� NFBRASKA� together with all appurtenences thereunto� : •'a:_
<br /> belonging now thereon� including all carpet3ng� drapery rods and curtains .� :� , ,'
<br /> t ��
<br /> :,. �, .,,:nI.�S::� -
<br /> ,� for which the Huyexs covenant and agree to pay the amount of THIRTY TWO ..j�,��;:.1:
<br /> THOUSAND ($92�000) DOLLARS for said premisea to the S�ller. <;����;
<br /> � (i) The purchase price shall be paid in amounts ag follows� -- - - �
<br /> > � ' (a) The amount of One Thoueand Dollars ($1�A00) upon the signing t�t
<br /> � .,-
<br /> : . <<,.
<br /> , .. � �� �Za�ino �f thi� agreemont, receiAt whereof a.s hereby ackno�vledged. �, ��
<br /> _. � ;'.:.::
<br /> (b) The balance i.n the amount of $31�000 (Thi.rty one thou�and '��'
<br /> dollars� to be paid in monthly paymenta with the unpaid balance to be paid r -
<br /> �.
<br /> � 3n said amount bear.ing interest �t 10� (ten p roent) per annum� said � �;;�;;
<br /> thl a ents to commence on Novembesr �9� 1 86, and shall be in � ~';�
<br /> mon y P 3►� -
<br /> the amount of $299.16 per month ae represented Tb����1e attaohed amorti- i�=;
<br /> +,, '" za-�ion schedule, marked exhib5.t "a"� and made a part hereof by refereriae. _
<br /> Said mon�hly payments ehall be made with at a 20 year payment scheduLe, with .
<br />'"'•`"'•' - � the first payment due on November �'��;� 986 and the remaining ba].ance ��
<br /> ;^-:;�., :,y,.; • �g. "'�''��lr ��r
<br />_;.��p4µ�• " due on or befo�e October � /2006. -
<br /> ` �Y'�� (o) All payments are��Y�ti�e to the Soller a� her address of 2009
<br />�., .r�...
<br />�....:,.'..: .."
<br />�� "' W. Division� Grand Island� NE 688d3, or such other place as the Sell.er
<br /> '`,'�" .• may designate in writing. Time is of the assence of thia agreement and
<br />�•'tt,r r�. .;.,
<br />_-Y4.l:r;;�-._ i� any payments o� prix�cipal nr interest are not p�id when and where due
<br /> �"�^��~�� and payable, SelLer may. at hor option� elect �o decla�e the er�ire
<br />_ ,;:.'�;.�;.: � pr3.noipal balanae forthwi�th due and payable� and �uch ent3re unpaid
<br /> ' principal balance ohall bear interest at the date of default of fifteen
<br /> �` (15) percent per annum unti]. such default is remedied. �_ _ _
<br /> � _ ��
<br /> �, TT IS FURTHER agreed by and between the parties hereto a� follows� _ _ -
<br /> (2) REAL ESTATE T.AXESe (a) The Seller shall a all eneral taxes for �,� � �-'�-
<br /> P Y g ,.,, sr��;�;t_
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<br /> �:,:��;.�...,-a,. �� r.--
<br /> _ , the year of 1985 and all prior years thereof� and the 1986 taxes shall be ,•�,;,,,,,�. .r �,�;
<br /> r ,e.•�-;/w��,C. i'�a:
<br /> . � . prorated between the parties� to the closin� date with Seller payin� ...: �,...
<br /> - '�'L.y�J�.":.�_.�,. :
<br /> r approximately 10/12 of the same and Buyere paying approximately 2/1� of �i�;:'..' • . .
<br /> = - =- '
<br /> - - _ %ile sa[ne. ,-_ _
<br /> �. � (b) The Buyers shall pay all general tax�a that may be levied or imposed - '
<br /> upon euoh property subaequent to the year of 1986� and to pay all instal- � ,
<br /> - ' lmenta of special assesamonts or special taxes or liena becomtn� due or „
<br />= delinquent after this date. The Bi.�yers ahall be notif3ed of the amount ,
<br />- ., of taxes due and payable for such yoar and the same shall be paSd by the
<br /> Buyers as they �r� due.
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