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<br /> CONTRkCT
<br /> THI� AGRFF�NT.��de �.nd entPrAd into thi.s 4th day of August. l921,by �.nd bstwegn Iona l�c-
<br /> f�a.lpy C�rs.R��e� McH�,1�y} and Rhea Mc�ialey ,hpr husband.parties of the first part and Frma �.
<br /> M€�.rti.n,party of th? second r�art.@rITRT�S�ETH:
<br /> Th�.t �rherA,t�a.s, on the 12th day of May.A.D. 1921. the parties of thP fir�t part �nt�red into a
<br /> contract for the sale of certa.in real estatA�h�rein�fter dPscribed,to the party of thp s�*cond
<br /> part for the sum of $2,850. 04� of w?Zich thP swn of �575. 00 w�.s allowed and eredited for �►n .
<br /> e�uity in cert�.i n re�l property ;�ndwheregis,the purty o f the ee►�ond part p�,i.d the s�.id sum of
<br /> �25. pG on th� first d�zy of June, i921,but has f€�i lPd to m�,ke thQ�ayrment� du�s du� the Fi rst ;°•
<br /> day of July, 1921 dnd th� Fi rst d�y of August, 1921,�nd now is in dAf�.ult thP reon.
<br /> N0�' TH..�FORF, in consideration of these psemises �.nd the waiver of ths defQult herPinbefore
<br /> mentionsd,and the payment of the sum of �2,�350. OQ,a.� herPina�fter e���cifi�d� e�.id parti.es of the
<br /> firgt part ha.ve this day sold the party of th� second part the foll�win� described property,
<br /> to-r�it:Lot Three (3),31ock Thixty-eight (38�. in Russell Wheeler' s Addi.tion to the City of
<br /> Grand Is1�.nd,Ha1.1 County�Nebraska,.tog�ther with all appurten�.ncee a�nd irnp ravp.m�nts the rpunto �
<br /> bAlongin� and now th�re on.
<br /> I1V CON�IT�;RATIOl6 !�'fi�RFOF� t�� $d�d p�,rty of the second part agrees to pay the sum of Two
<br /> Thousand Eight Hundred Fifty� Doll�irs {�2,850.00�,pu.yablQ as followa:
<br /> An e7qaity in c��tr�in rpal estate v�.lued herein dt �575.00 r�nd �75. 00 in c€�sh, ths recEipt !
<br /> of both of whi.ch i s h�rPby acknowl+�dged;bulance p�.y�.ble �s follows, to-�3.t:
<br /> . - � �
<br /> Pa h a.n month cmnm�sncin S ., t �mbe�"
<br /> .. P t d� oF ., c d eve
<br /> th., fir�
<br /> T�►�n t � f i v e D o l l�.r s (��2 5 .0 0) o n y r Y . 8 �
<br /> �'
<br /> �
<br /> l, 1921� �nntil ;�drty of thP ssc ond part pa,ys thP entix� balance of Twenty-two Hundred Dolldrs
<br /> ��2200.00�}.
<br /> The party of th�s sPcond part further c�grPes to }�r�r intergst on the urpaid b�lance �s foll�e�s, '
<br /> ;
<br /> to-�it:
<br /> Sixty-$i.x Doll�rs (�66.OQ) on the 12th d�.y of Nover�er .1921 a.nd interest �.t the ratP of .
<br /> six per cent per annum payable semi-a�nnu�.11y at the end of each six months period thsretsfter
<br /> u�on the unp�.id b�.lance.�ornput�d on t:�A �.mount due at the beginning of the interest Faying
<br /> ppri od.
<br /> Sdid party c�f the second pa.rt furthsr ra�gress thdt she �ill procure � laan frc�n a loaning
<br /> company r�s soon �.s said loan comp�ny will ha.ndl� the same,�,nd with the proceeds of this lo�.ni;
<br /> will �ay th? entirP arROtant thsn due to pr�rtiee af thP first pr�rt.
<br /> The p�rtips of thP first ��rt are to furnish to the party of ths second part, or assigns,a
<br /> '' warranty deed, and a, good �nd sufficient �.b'atr�.et of titl�, showin� �. good titl�* of rer_cord of �he
<br />� premj.ses hpreinbeforp describpd, in thP p�.rtjPs of the first p�rt,free r�nd c1�ar frarn s11 ; .
<br /> ;
<br /> liAns and pncumbranc�e whatsoever, except such liens �nd gncumbrances �.s may be pl�.ced thereo� by
<br /> the �arty of thP s�cond pr�rt��.nd except taxes for tho yPar 19Z1 and therea,,i�'tPr�both general '
<br /> �.nc� �pecial taxes a.nd assPssments of e4ery kind.
<br /> Sa.�d p�rty of the second part hereby contr�.cts and �gr�eB to mdke s�.id paympnts of �2� .4�
<br /> e�n:or beforP the first day of pach and every month; said payments to be m�.de at thP Commerci�.�.
<br /> State ��.nk of Grwnd Island,Hall County,Nebr�.$k$, or �t such other bank r�$ mz�y be d�sign�.t�d
<br /> �
<br /> by thp �arties of the first part.
<br /> Said pa.rtST of thP sscond p�rt furthsr agree�a th�t sh� will keep �.nd mp.int�in fir� and
<br /> tornr�do insurance on sa�id pr�misps in tY� svm of Sixte�n Hundre�d Doll�rs (�1600. 00j,payabla
<br /> ; t � the ��rties of the first p�.rt,as their inter�sts m�y ap�ear.
<br /> ,
<br /> Zt is furthAr �greed tY�at tim� is of th�: essenc� of thi$ contr�et; t2zat s�.id payments of
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