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<br /> AGRE.��NT-SAL� OF REAL ESTATE
<br /> THIS I�1.uEF1TUR� P�au.e ttiis 5th �^y o� October 1g25 �y �,nd between Cora, �.�. Freeman and Eugene ,
<br /> Free�an (�Uife & Hus�a.nd.) ��rty of the first p�.xt,�.nd Catharina RiEf party of the second part.
<br /> �IITNESSETH,`Th�!.t p�.rty oi the first part has this da.y sold to the party of the second part and
<br /> p�rty of seconc p�-rt has a�reed to buy the follo�rring described pronerty,to-wit: Fra,ctional
<br /> Lot 2 in Block 16 Arnald � Abbott� s Addition and its com�lement bein� Fractional Lot � in
<br /> Block T�ao (2) ,S�aulding & Gregg� s Addition to the city of Gr�nd Island,Nebraska together witka
<br /> aIl a.pi�urt En�.nces thereto belonging,�or �hich the p�.rty of thP second part a.gxees t o pay the
<br /> su�n of Sixty-seven Huridre�3 Fifty and 00/10� Dollars t�b75o. 00) pa.yable as follows: One Thous�nd
<br /> and OC/100 Dollars �ash in ha.nd,��ceipt of �r�iich is hereby a.ckno�r�ledged. Halance of �57�0
<br /> paya.ble Pdarch 1,192b. No interest.
<br /> P�.xty of the first part :�y-live in the house situated a.s above described until M�rch 1,192�
<br /> v�ith no rental chaxge All fixtures attached. to the house to go �rith the house with the ex-
<br /> ception of the ga.s stove in t�e ki�chen.
<br /> P�.rty of the S EC�rid. �2..r'G agrees th�.t uhould he f�.a.l or x efuse to earry out the above con-
<br /> �it;ions,the mo77ey alre�dy p�,id shall be forfeited a.s liquidated damages,at the election of
<br /> �arty of the rirst paxt.
<br /> The party of the first part agrees to fLrnish � marketable abstract of title eoverings�id'
<br /> propexty days before delivery of deFd,brought do�� to u�,te,�.nd give d�,ys for ex�,mination and �.f
<br /> the title is �.Ffective said first party to have a reasona�ble ti:ne to correct said defe��'�or
<br /> defects �.aa sho� saxc�e on t:�e abstx�.ct
<br /> No�, if the sa.id party of the secon�. part shall pay the sum or sums �.s above set forth and
<br /> carry out t'rle conditions above named,�ime being the ess�nce of this con�ra.et and of all the '
<br /> conditions therraf,the party* of the first part �vill furnish a �Parranty Deed to said second
<br /> party at and paq all ta.xes th�.t �r� a lien on said property,and up to 1�25 and insurance,
<br />' is to be carrie� by p�,rty of the first pa.rt unt il March 1 ,1926 �.t echich time party of the
<br /> seconci nart will either assunie and pay the Bnexpired �remium or buy ne�r insur�nEe.
<br /> Anc� wherEa.s the saio second ar'� a.s agreed and does hereby agree that the second party s�all
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<br /> a,nd �vill pay a.11 ta.xes and a,ssessments levied or assessed upon this contract and upon the
<br /> debt secured thereby; tc keep the buildings on said pre:nises insuxed for the sum of �Insurable
<br /> v��lue for the benefit of s��id first pa.rty or assigns ,an� to deliver to sai� first party or '
<br /> a.ssigns the �olicies for sa.id insur�nce: to paV all taxes and assessments on said premises,be�ore
<br /> the same sha.11 become delinqu�nt,�.nc� not to coznmit ox permit any waste on or about the same: :
<br /> Ana v�hereas, it is further agreed that if the seco:�d party sh�,l.l fa.il to pay the taxes upo�
<br /> said premises or upon tha.s cont-r�,.ct or the dEbt secured thereby l�efore delinquency,or to fur-
<br /> nish �uch insurance tl�.ereon,the first party or assigns may pa� such taxes,a,nd procure and pay
<br /> for such insura.nce,and the second p�rty shall re-g.ay to the first pa.rty or assigns the sums
<br /> so p�id. for taxes a.nd insura.nce,r�ith interest thereon at ten per cent; �.nd the sum so paid,
<br /> �rith inter�st, shall be cover�d and secured by this contr�ct,�.nd sh�.11 be lien thereunder as
<br /> from this date;
<br /> NO'.� THEREFOR�,,if said. not� together �ith a,17. moneys ar�va.nced by the first party for ta.xes
<br /> and insurance sh�ll be fully p�id,;�:ith interest thereon according to the tenor anc� effect of'
<br /> said note a:nd of this contr�.ct, then said dePd shall be delivered;b� if said note or any
<br /> part thereof,or a�n�r int�rest thereon sh�,ll not be paid �ahen due,or if the second pa.rty sh�.11�;
<br /> faii to keep ��nc? perfortn any af the covenants or a,greements herei.n contained,then said note '
<br /> shall irr�r�edi�tely beco:�:�e due, ��n� the first p�rty '�heir h�irs or assigns shall have the right'
<br /> to csncel this contr�ct �.t once.
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