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<br /> OPTION ,
<br /> KI�iO?�l ALL �REN BY THESE PRESENTS:That Frank Leaden and Sarah E. Leaden tHusband and 19ife)
<br /> and Ja.mes Leaden ( Single) of the city of Cheyenne County of La.ramie,and State of 7�yoming for ,
<br /> ; the considera.tion of the sum of One Hundred and 00/100 Dollars in hand paid,at or before
<br /> " the ensealing and delivery of these presents by Trustees of the M. E. Church of the city of �'
<br /> Grand Isiand County of Ha.11,and State of Nebraska ha.ve agreed and do hereby agree to hold
<br /> until the lst day of June,A. D. 1925,at 12 0� clock 1�. ,time being the essence and important �'
<br /> part of this option,subjeet �o the order of the said Trust ees of the �Q. E. Church or aesign,
<br /> the follo�ring described property,to_wit: Lots Five ( 5) and six ( 6) in Block Fou�teen (14)
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<br /> of the 4riginal Town now Cit y of Grand Islan d,Nebraska as surveyed,platted an d recorded.
<br /> or to transf er the said paoperty at any time within the time above prescribed,to the said
<br /> Trustees of the M. E. Church or such person or persons as he or they may direct at a.nd for the �,
<br /> price of Eight Thousand and OOj100 Dollars good an d lawful moneq of the United States of
<br /> America.,payable on the following terms: �1000 on June 1 1925 and �6900 on September 1,1925 ,
<br /> with interest on the �690o from June 1,1925 at the rate of 5� per annum. A clear title
<br /> with taxes all paid that is due against the property �r any assessments of anq nature. A1� !
<br /> stra.et to be furnished June 1,1925 at the time ox before the �1000 is paid.
<br /> In the event that the holder or holders of this option shall decide to purchase the said '
<br /> pxoperty at the a bove price and terms within the said time,then and in that case,the said
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<br /> amount paid for this option shall be credited upon the said purchase price,but in the event ' �'
<br /> the holder or holders hereof do not conclude the purchase above named within the time pre— ' ,
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<br /> scribed,then and in that case,the said amount paid for this option shall be retained by tk3e ��I
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<br /> undersigr.ed in full satisfaction for holding the property subject to the said order for the '' '�
<br /> said t ime. �,�
<br /> It is provided,however,that in case there should be any delay on the part of the under—
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<br /> signed in perfecting the title to the above property for more than 10 days after notice of
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<br /> the election of the holder or holders hereof to purchase the said property,then and in that '
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<br /> ease the hol er or holders hereof reserves the right to cancel this option and receive back ';
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<br /> the consider tion herefor or to extend the time ur�til said title is perfected. i
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<br /> Dated at rand Island,Nebraska this 22nd day of Apri1,A. D. 1925
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<br /> � l�'rank Leaden (Seal �;
<br /> Sarah E. �eaden (Se�.l
<br /> James Leaden ( Seal �
<br /> Stat e of Wyo ing� ) � � ;
<br /> ss.
<br /> ; Laramie County , �n this _---_ day of Apri1,A. P. 1925,before me,the undersigned Chas
<br /> H. �tunnicke a Notary Public ,duly commissioned and qualified for �nd residing in said County,
<br /> , personally came Sarah E. Leaden (�9ife of Frank Leaden) and James Leaden t Si�gl�� to me known �i
<br /> ' to be the identical persons whose names are affixed to the for egoing convepance as grantors ';"'
<br /> � and ackno�ledged the execution af the same to b e their voluntary act and deed. �;
<br /> Witness my hand and Notarial Seal the day and year la.et above written. ''
<br /> ( SEAL) Chas. H."Punnicke ,;
<br /> ' My cornmission expires the 5th day of Apri1,1926 Notar y Public. ;;
<br /> � Htate of Nebraska �
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<br /> ! Hall County. 3 �n thie 22nd day of Apri1,A. �. 1g25,before me,the undersigned a Notary',i
<br /> � Public ,duly commissioned and qualified for and residing in said County,personally came Frank 'I
<br /> Leaden tHusband of sarah E. Lea,den) to me known to be the identical persons whose name is
<br /> affixed to the foregoing eonveyance a$ grantor and acknowledged the execution of the sa,me to ;;
<br /> be his voluntary act and deed. �
<br /> Witness my hand and Notarial Seal the day and year last above written. ;!
<br /> � (SEAL) �P. H. Laughlin �i
<br /> Notary Public. i}
<br /> ' My cornmission expires the 13 day of February,1929 "
<br /> Filed for �ecord this da o_ June 1 2 I
<br /> 9 y f 9 5�at 3:15 0' c lock P. rd. ��-�`�a� �tQ�_ ,
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