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<br /> � ��r���J�J��1����j �.�J�� L51��J��J���.�.J�� ^'
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<br /> � AGREEMENT • -
<br /> This agreement made and entered into this 25th day of November , 1g31, by and. between Charles K.
<br /> IGarrison and �va Garrison, h�s c�ife, of Hall County, Nebraska, herein after designated as the
<br /> first par�ie� �,nd Jasper J. Eldrid�e of Hall County, Nebraska, herein after designated �.s the
<br /> Isecond party, VPitnesseth:
<br /> The said first pa,rties do hereby sell and agree to sell to the second party the followin�; de- �
<br /> scribed real est�,te, towit; The East Ha1f (E2) of the Northwest quarter (NW�) of Section Elev
<br /> '(11) , Township Ten (10) North, Range Eleven (11) �Pest of the 6th P.M. Hall County, Nebraska.
<br /> f Pay�b/e
<br /> �In consideration whereof the second party agrees to pay the sum of �b400.00^ as follows , tovait;
<br /> The sum of �1500. �n c�,sh in hand paid, the receipt �hereof is hereby acknowled�ed. By assumin
<br /> and agreein5 to pay the mort��age to the Forgan Investmen,t Company on said premises in the appr x-
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<br /> 'imate sum of �33�-5.55 cvith interest from September � , 1931, (it being understood that the fi�s
<br /> parties are to pay the instalment due on September l, 1931, with all interest thereon) . The �
<br /> balance to be paid in ca,sh by the seccnd party upon the delivery of the warranty deed after th
<br /> title shall have been approved as herein after set forth. � '
<br /> The first parties agree that they vaill , as soon as possik�le, submit to the second party an ab- ,
<br /> stract of title extended to dat� for his inspection; that the secondrparty sha.11 have a rea�on
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<br /> J�able time thereafter �vithin �chich to have said abstract exa,mined and the, title approved; and K`�
<br /> t ha t tne firs t par ties s ha l l h�.ve a reasona b 1 e tlme t he�ea f ter �vt t hln �v h�.c h to correc t fi h e de- *
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<br /> fects �nich may render the title unmarketable and the first part�es further a�;ree th�.t �rhen
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<br />� ��ie same nas been done, they ��vill convey s�.�.d prer�ises to the second narty by a, taarranty deed
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<br /> conveying said premzses free and clear from all liens a,r�d encumbrances whatsoever except said I ;
<br /> mort�age to the Forgan Investment Comp�,ny and will clEliver to �he� second party f or his examina
<br /> tion, the abstract showin��� a market�.ble title to be vested in the first parties (it being unde -
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<br />, !stood th.�t said abstract is on deposit with the Forgan Investmsnt Com}�.any with the Ioan) .
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<br /> �It is further understood and a�reed that the first parties will surrender possesgion of said
<br /> premises to the second p�,-rty on or beiore 1;he ls� day of Ma.rch 1932; but tPat the sec�nd party
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<br /> shall have the right to enter upon said premises for the purpose of inspection, for the pur-
<br /> poses of making repairs or �or �,ny other puruose vahatever that sha11 not , in any manner, inter
<br /> fere with the first pa,rties in farming sai�. place.
<br /> It is further agreed that tirne is of the essence of this contract and that should the second
<br />' �party fail, neglect or Z'8i11$@ to comply v�ith the terms of this contract , that the first partie
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<br /> without waiving �he equitable remedy of specific perform�,nce, in the event they elect so to I
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<br /> exercise, may keep all sums of money p�.id to them as full and com�lete liquidated d�.mages for I
<br /> the failure of tne second party to perform his part of the contract , and in the event the firs
<br /> parties snall f'ail, neglect or refuse to perform their p�,rt of the contract , the second party
<br /> at his election, without �:�aiving the remedy of specific .performance , in the event he elects so .
<br /> to use may require the pa,yment f rom the first parties of the sum of �1500 as full and complete
<br /> liquidated damages for the f�,ilure on the party of the first parties to perform the terms and
<br /> conditions of this contract. �
<br /> In witness whereof c�e h�,ve hereunto set our hands this 25th day of November, �931.
<br /> Witness : Charles K.Garrison
<br /> � Roberta Pr ince Eva �I.��.rrfiaon
<br /> Parties of 'the First P rt
<br /> Jas er J.Eldri e
<br />, Party of the Second P�, t
<br /> State of Nebxaska ) Now on this 25th clay of November, 1931, before me the undersigned, a
<br /> )SS
<br /> Ha11 County ) Notary Public,duly commissioned for and resi�?in� in said county, person- I
<br /> �.11 came Charles K. �*�rrison and Eva Garrison, his tnife , and J�,sper J.Eldrid�e, to me knov!m t �
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