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<br /> It is further agreed th�.t parties of the second part wiil keep the premises insured for the
<br /> ,benefit of parties of the first part in the amount of �2000.40, or more.
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<br /> It is further agreed that said premises are Pree �,nd elear of incumbrances as of this d�,te; '
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<br /> !(that the 1930 and all prior taxes are paid; that parties of the seaond part �shalZ, upon final
<br /> ipa,yment, receive a deed from parties of the first p�,rt, sho�ing a good ar�d sufficient and �nar-
<br /> �l�etable title in V.C.�oach, and the deed to parties of the second part shall be a joint deed.
<br /> ,;Parties of the second part may, sixty days prior to the fina2 payment, demand an abstract show
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<br /> I 'ing a good and sufficient and merchantable ti�le for the purpose of examination, and shall,
<br /> limmediately upon receipt of said abstract, ex�.mine the same, and any defects affecting the mer
<br /> I chantibility of said ti,tle shall be coxrected by parties of the first part within a re�,sonable
<br /> ,time thereafter.
<br /> It is further a.greed that �,ny liens ar incurnbrances pl�.ced upon said property by the parties
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<br /> iof the fi.rst part ehall be released and cleared prior to the delinery of the deed and abstract
<br /> S� ie further agreed that parties of the second pa.rt assume the 1931 and eubsequent ta�es and
<br /> �further agree to place no liens or incumbrances upon eaid premises during the existence of th�
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<br /> contract, unless written permiasion sha,ll first be obtained from parties of the first part, an
<br /> that �.ny taxes and assessments against said real estate subsequent to the eaecution of `�his co -
<br /> tract shall be paid by parties of the second part.
<br /> A deed from parties of the f irst p�.rt sha11 be left in escrow with the First ATational Bank,of
<br /> Grand Island.
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<br /> (Possession shall be given imtnediately, subject to the least of �i.rtha B�rries.
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<br /> It is mutually agreed that���time is an eesential element of this contract and in the event eith r
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<br /> �of the parties hereto shall fail to perform the � tipulations of this contract, ;Qt any pa,xt.-,the e-
<br /> of, the parties failing shall pay to the oth'e-r parties of this contraet the sum of Fiv� Hundre
<br /> Dollars, {�500.00) as damages for non-fu].fillment of contract.-
<br /> IN TESTI�ONY WHE'�EOF, we hane hereunto set our hands the day and year first above wr�tten.
<br /> ,�'itness: _ V.C.Roach
<br />�I Wm. Suhr. Emma Z.Roach
<br /> PARTIES OF THE FIRST PART
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<br />, Les E.Stevens
<br /> Alt�, M.Stevens
<br /> PARTIFS OF THE �ECOND PART
<br /> �TATE OF I�EBRASKA ) _
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<br /> ss.
<br /> HALL COUNTY On this 13th day of �Iay, 1931, before me, the undersigned, a notary
<br /> public within and for said county, personally c�.me V.C.Roach and Emma Z.Ro�ch, husband and wif ,
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<br /> �and Lee E.9tevens and Alta M.Stevens,husband and wife, to me knovm to be the identical persons !
<br /> whose na.mes are affixed to the above instrument as makers, and severally aekno�ledged the eXe- ',
<br /> cu�ion of the sa,me to be their voluntary act and deed for the purposes therein eapresaed.
<br /> IN �ITNESS WHEREO�, i have hereunto subscribed my name and affixed my of�'icial seal at Grand
<br /> II Is2and, on the date last above written.
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<br /> YPm. Suhr
<br /> (SEAL) Notary Public
<br /> My commission e�pires February 17, 1933.
<br /> I Filed for rscord this 13th d�.y of May, 2931, at 2;30 0�clock P.�i. � - !
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<br /> Register o�' Deed
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