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<br /> CO NTRAG T & AGREE�dENT:-
<br /> Triis a�reement made and entered into triis 21st. aay of August, 1917 by and
<br /> between Setn H. Buell of Lancaster County, Nebraaka, oP trie first part and Jorin T. Davis, of Grand
<br /> Island, Nebraska oP the seoond part, WITI�SSETH:
<br />� That tne first Farty hereto has triis day sold to the second party and tne eecond ga,rty has
<br /> purcria,sed Pr�m the first party the Pvllowing descri�ed real-estate, situated in Grand Island, Hall
<br /> County, Nebraska, to-wit:
<br /> Lot Triree (3 � in �31ock One Hundred Forty-one (141 ) of Union PaciPic Railway Co. •a second
<br /> addition t� the City oP Grand Island, Nebraska,
<br /> For which the second party �,grees to pay t�e sum of Three Thousand (�3000.00 ) and No-100 Dol-
<br /> ].ars as follo�rs: �500.Ofl casri on tne signin� o�' tne witnin agreement, the receipt of whien is
<br /> � - hereby acknowledged, anc! �100.00 on the 21st. day of �'ebruary, 191�, $100.00 on tne 21st. c�ay of �
<br /> Augu.st, lyl�, �100.04 on the 21st. day oP February, 1919, �100.00 on the 21st. day oP August,lgl9,
<br /> an�l �100.00 on the 21st. day oP February, 1920, saic� dePerred payments together witri a11 other un-
<br /> paid �alances to draw intere�t wnicn is due and payable on said payment periads at tne rate oP
<br /> 6� per annum.
<br /> It is furtner agreed tna,t said second party snall have tne privilege oP paying �100.�0, or
<br /> any multiple triereof on said purcriase grice at any oP tne periods when said �100.00 payments are
<br /> due and thz amount of the mortgage hereinaPter referred to shall be thereby reduced proportionatel�r.
<br /> It is a�reed that when second party shall riave Pinisned payments above mentioned and enumer-
<br /> ated, ne sriall be entitled to a Warra.nty Deed t�rans�'errin� to him, Pree and clear of all encumbran-
<br /> ces, for v�hich he sria11 deliver to first p�,rty a first mort�age on said premises for any unpaid
<br /> balances, drawing interest at tne rate oP 6� per annum and due Pive (g) years Prom trie date oP said �
<br />. mort�a�e, witri tne privilege to the said mort�agor of paying �100.00 or any multiple tn�eoP on
<br /> - said mort�age at any intere�t payin� period. Said interest to be paid semi-annually.
<br /> It is Purther a.�reed that the fir�t party shall pay all taxes Por the year 1917, a,nd grior
<br /> years, and second Farty shall pay all subsequent taxes, including all paving ta.�es.
<br /> It is Purther agreed tnat tn� secanct party snall pay all ta.xes wnicn may be levied against
<br /> tnis contract, an d also all ta�ces wnicri may be levied against the mortga�e contemglated or tne note
<br /> whicri the said mortgage is giv�n to secure.
<br /> It i� further agreed that if the second party shall fail to make tne payments nerein required
<br /> at trie time same are re�uireci to be paid �hen all payments prior to that time made, shall betreated
<br /> � as damages an d rental for aaid premises anci the �econd party snall forPeit all rignts under this
<br /> contract.
<br /> Seeond party agre�� to keep the builc�ings on said premises insured in �ome reliable compar�y
<br />�` for tne sum oP �2000.00 at l�ast, said policy to have attacned to lt a clauae requiring any losa ori
<br /> said premises to be paid to first garty as nis interest may dppear.
<br /> - Dated this 21st. ciay oP August, 1917.
<br /> Seth H, Buell
<br /> First Party.
<br /> .Tas. F. Buck
<br /> Witness. John T. Davis
<br /> Second Party. �
<br />�� - State of Nebraska)
<br /> )ss. pn tnis 13th day o� September 1917 before me a Notary Public personally ,
<br /> County oP Hall ) came John T. Davis to me known to be trie identical person w!�ose nane is aP�
<br /> fixed to tne Pore�oing a�reement to be his voluntary aet and deed.
<br /> Commission expires April 6-1918. (S e a 1 ) Jas.E.BUCk. . . . . . .Notary Public.
<br /> State of Nebraska,s�. On thls 12 �y of Se�tember �917 betore me a Notary Public,personally came
<br /> Lancaster Co. geth H.Buell to me .known to be tne ia�ntical peraon wriose name is a�fixed ta
<br /> the Poregoing agreement and he acknowledged tr�e �ame to be his voluntary act and deed.
<br /> Commission expires �ar.7-191g. (S e a 1 ) H.M.Coffey. . . . . . ._Notary Public.
<br />, �
<br /> �'ilect for recorci tne 13 da,y oP September,l917,at 11 o•ciock A.M.
<br /> C���=�uc_ ��
<br /> Register o2' Deeds
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