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<br /> i' AGREE:�ENT-SALE OF REAL ESTATE '�
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<br /> THIS II�?DE�'TURE�da.de this ?9th. c�ay of January 1925 by and bet�veen Daniel G. Ott of Grand ;;
<br /> � Island,�ebraska part of the first '�
<br /> , Y- part,and Vern E. Brooks and �Irs Ma,ud Brooks,hueband and i�
<br /> � �vife party of the second part,
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<br /> � �ITNESSETH,That party of the first y party of the second part an�
<br /> part has this da sold to the
<br /> � party of second part h�s agreed to buy the follovring described property,to-wit: Lots Eight ';
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<br /> i (�} in B1ock E�ght (�) in the original tovan of Grand Island,Nebraska,as surveyed,platted and;'
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<br /> i�; recorded. together �rith all appurtenances thereto belonging,for which the party of the second;
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<br /> � part agrees to pay the sum of Six Thousa,nd Dollars (�6000. 00� payable as followa;One Thousan�
<br /> �' Dollars cash in hand,receipt of which is hereby acknoti�ledged. Balance of $5000.00 payable 8s '�
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<br /> ;; follows, to wit:-Said second parties or either of them a ree to
<br /> g pay the sum of Fi f ty (�50. 00) �
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<br /> � Dollars on �2arch lst,1925 and they agree to pay the sum of Fifty Dollars on the first day of
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<br /> � each subsequent month,until said balance on this contra.et is fully paid,v�ith interest on
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<br /> I� �eferred balances at the rate of six per cent per a,nnum,payable monthly,at same time and
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<br /> j; place the payments on principa.l are made. (The said first partp has executed -�he deed to saic�
<br /> �, property to said second parties or to the survivor of either of them and has deposited same ';i
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<br /> ;' in Peoples Sta.te Bank of Gra.nd Is1and,Nebra.ska,for delivery on fulfillmen� of the terms of ��
<br /> li this contract,on non; fulfillment of same said deed to be returned to said Daniel G. �tt,on
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<br /> ' demand) �
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<br /> ' Party of the second part agrees that should he fail or refuse to c�rry out the above con- i!
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<br /> �I ditions,the money already paid shall be forfeited as liquidated da.mages ,at the el�ction of pa�'tY '
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<br /> I, the first part.
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<br /> �i The party of the first part agrees to furnish a marketabZe abstract of title covering saic�
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<br />' I property 3 days befare delivery of deed,brought down to date,and give 3 days for egamination ;�
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<br /> I�, and if the title is defeetive said first partyto have a reasonable time to correct said de- ;!
<br /> Ii �fect or d.efeets and slzo� same on the abstract
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<br /> � No�, if the said party of the second part shall pay the sum or aums as above set forth and !�
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<br /> j carry out the conditions above named,ti:ne being the essence of this contract and of all the ;;
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<br /> conditions thereof,the party of the first part �vill furnish a Warranty Deed to said sem nd
<br /> ' party at Gr�.nd Island Nebraska and
<br /> �i , pay all taxes general taxes that are a lien on said pro- '
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<br /> � perty,and up to Ja,ny,lst,l 2 and will assi �he insurance and ive ossession on Februa.r st
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<br /> I; 1925,a1so parties of second part assur�e and a�;ree to pay the unpaid paving assessments of �'
<br /> � street south of said lot ,and they also agree to pay any further spEeial assessmente that may ;''
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<br /> r becor:�e a lien on above describe� px�per�y. It is �lso agreed and is a part of this contract, �
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<br /> �; that,if v�hen said deed is delivered,if one of the second parties to this contract should I;
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<br /> i� be deeeased,then said deeeT shall be made to the survivor,and that if during the life of this I�
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<br /> �t contract one of the said second ��
<br /> ,; parties should be deceased the survivor sha.11 have the sole
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<br /> i right to a11 the benefits of t'�is contraet.
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<br /> �� And �rhereas the said second party has agreed and does hereby agree that the second party �'
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<br /> i shall and will pay all taxes and assessments levied or assessed upon this contract �ansk u;�on �;
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<br /> the debt secured tnereby; to keep the buildings on said pre:��ises insured for the sum of Insura�le
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<br /> ivalue for both f.ire and tornado policies for the benefit of said first party or assigns,and
<br /> ! to deliver to said first �oarty or assigns the palicies for said insurance; to pay all taxes
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<br /> and assessments on said premises, �efore the same shall beco:?ie delinquent ,and not to commit ,,
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<br /> �� or permit a.ny waste on or �.bout the same;,
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<br /> ��` And wherea�,.it is further agreed tha.t if the second party shall fail to pay the taxes 'j
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<br /> 'i upon said �oremises or upon this contract or the debt secured thereby beforP r�Pi� „ _ _ �;
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