|
�� ��r�
<br /> ��������c�����__����-_�����,� ��������� °:� J ��
<br />--` � : : �_ _ _ - ._� __ ` _ _. ____ _
<br /> 88871 STATEJOURNAL COMPANY,LINCOLN,NEB.��� �� � -. __�.___ .__._-��
<br />_ .._�----.r ...�.--- - - .�-.-.... -. .. . .. � ._ -:-�. ,.. - ._. , ..--_.._• __-..�.__v.�� .�
<br /> . . : .,.._.�.., ._:,-_ -�__ ._�_ ._._��___ -_"'_-..�-_-�- _._
<br /> i,
<br /> I�
<br /> hereunder,anything to the contrary herein notwithstanding. �
<br /> It is further agreed ,as a part of the consi.deration of this con-�rac� and agreement and �he
<br /> advancernent of the said money for the purvose of constructing said building on said pre�nise�,
<br /> that the oil station to be erected thereon as shown by said plans and covered by �his agree-�
<br />, ment,shall be leased by second paxties,�vith the advance and consent of first party,to the �
<br /> best a.dvantage possible,the rentals therefor to be paid by Leasee to first party and appliec�
<br /> as a part of the �35o.per month payment to be made by second parties hereunder,and that the :
<br /> remainder of said building is to be occupied,as soon as completed,by second parties as a ::. �'
<br /> �arage and auto sales room,and in case any of the other part of said building than said oil '.
<br /> station is hereafter leased or sub-le�, then the rentals thereunder shall be paid to said fir�st
<br /> party in t'ne same manner, �Go apply on said �350.monthly payments,and said Iease or Ieases are
<br /> .
<br /> -
<br />� to be assigned to fixst party as additional security under this contract and for the advanc�iment
<br /> of said money for building purposes,and these presents shall authorize said first party to '
<br /> collect and receipt for all such rentals, so long as this contract is in existence. ,
<br /> It is further agreed that the interest on said deferred payments shall be computed semi- '
<br /> annual.ly,and be taken out of said �350.monthly payments,the remainder of such payrr�ents to be
<br /> credited upon the principal above set forth,and that second party shall have the option to piay
<br /> as much more than the �350,per month as they may elect so to do,but �hat the full su�m of
<br /> �350.pex montr� inust be paid as hereinabove stated,and that whe�'said pr3<ncipal sum,by such payi�-
<br /> ments ,shal.l have been reduced to the sum of �15,O�O,the said fi�rst party will convey said px��e-
<br /> i
<br /> mises as hereina�ove stated,and take back a mortgage of �15,OOO�or if second parties desire,;
<br /> v�ill convey said premises on the payment to him of �15,0OO.�alance in cash.
<br /> It is further agreed that time and punctuality in pay�ent in the amounts and at the times�!
<br /> herein stated,and the keeping and performing of all of the conditions and covenants of this
<br /> contract by second parties to and with first party,sYrall be considered the essence_ hereof,an�d. any
<br /> failure to r�ake said payr�ents, �r any of same,or to pay said taxes or assessments or provide �
<br /> said insura,nce,as herein rec�uired, �ha11 entitle . the first party,at his option,to take imm- '
<br /> ediate possession of said premises and proceed to foreclose this contract by proper proceedi�gs
<br /> as by lai� provided.
<br /> The terms, conditions,and covenants of this contract shall succeed to and be binding upon
<br /> the parties hereto, their heirs,executors ,personal repxesentatives,and assigns,under the stri`'t
<br /> ;
<br /> ter�ns hereof. �
<br /> ' SIG�TED IN DIIPLICATE on the date first herein �ritten.
<br />' Witness: Ernest W..Augustine First Pa�rty
<br />, �has G.Ryan � Harry F. Teeter Second
<br /> Ira T.Homan � Part��s
<br /> State of Nebraska,
<br /> ss.
<br /> Hall County• On this 2�th dap of �arch,1923,before me, the undersigned,a IJotary Public
<br />, in and for said county,�iuly commissioned and qualified,personally appeared Ernest �.Augustinie,
<br /> Harry F.Teeter,and Ira T.Homan, to me kno�vn to be the identical persons whose names are affix�e8
<br /> to the foregoing contract as the makers thereof,and they severally ackno�ledged the executic��n
<br />� of same to be theix voluntary act and deed, for the pur�oses therein set forth. ;
<br /> '�jITrd�'SS mq hand and Notarial Seal in said county on the date last above �rritten.
<br />' ( SEAL) - Chas G.Ryan
<br /> Notary Public.
<br /> �iy commission expires February 1,1925.
<br /> :�i
<br /> ASSIGNNIENT OF CONTRACT. :
<br /> For and. in consideration of the payment of One (�1.00) Dollar and other good and sufficiei�t
<br /> considexations,and for the puxpose of securing any and all obligations and indebtedness now j
<br /> existing or which may hereafter be incurred by Harxy F. Teeter and Ira. T.Homan to the First I
<br /> National Bank of Grand Island,Nebraska,we,the said Harry F. "Teeter and Ira T.Homan,hereby and',,;
<br /> ---- - __ _ _ ___-- ----_--`_ ; I
<br />_--�---- _ _ __ __ _ _ _ _ __ _ _ ------- ------_ ---- _ � ___ ____---
<br /> - ��
<br /> ;;
<br />- , � i� �
<br />
|