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<br /> �� SC1E��A.�T�O�TS R�ECO�� �
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<br /> lHEAUGUSTIMECU -�IGO� ---^'ii�l��_-�-�_-.�^.--.--_ `T�
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<br /> '�OPTION ,l
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<br /> � KNOW ALL M�N BY TH�SE PRESEI�YTS: Th�.t Rufus BQ.Geer, party of the f ir�t part, of the city of Grand ;!
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<br /> = Island, County of Hall and St�,te of Nebraska, for �the consideration of the sum of Tv�enty-five and `;
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<br /> '.� 00/100 DOLLARS, in ha,nd paid, at or before the ensealing and delivery of these presents by Harley �f
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<br /> ' 9impson, party of the second part. of the city of Grand Island,County of Hall and State of Nebrasl�a
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<br /> '', have agreed and do hereby agree to hold until the sum of �500 has been paid on the principal of ;i
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<br /> �; this option at which time the party of the first p�,rt will give a contract on the same terms , ti�e
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<br /> , being the essence and important part of this option, subject to the order of the said Rufus M.Gee�+
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<br /> �` or assigns, the follov�ing described property, to-�ait : ��
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<br /> ' Lot T�aenty one (21) Geer' s Subdivision of Lots 6, 7 and � , Garrett�s Sub-divisian of part of the ';!
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<br /> NE� Section 9, Township 11, Range 9, W�st of the 6th P.M. in Hall County, 1Vebraska. i
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<br /> ' or to trans�zr the said uroperty at any time within the time a,bove preseribed, to the said Harleq;
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<br /> .' Simpson or such person or persons as he or they may direct at and for the price of Thirty-one �;
<br /> ' Hundred and 00�100 DOLLARS, good and lawful money of the United States of America, payable on thei�
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<br /> ! follo�ing terms: After the above �25.00 is paid, the balance of �3075 is payable a.a follows: `
<br /> :, �25.00 on June 20, 1927 and �25.00 on the 20th o�, each subsequent month thereafter with interest �;
<br /> ''� thereon �.t the rate oi 7�fo per annum from May 20, 1927, payable monthly, the interest to be deduct�d
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<br /> �� from the �25.00 payment and the balance to apply on the principal. Option is given to pay more ori;
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<br /> !' all at any time and stop interest on amount so paid. As soon as the balance is paid do�an to wherl�
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<br /> ;; a loan can be procured, the said Harley Simpson agrees to get said loan and pay off �he said �i
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<br /> I' Rufus �I.Geer in fufil. ��
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<br /> !'�", Party of the first pa.rt agrees to pay the taxes up to 1927 and the party of the second part is �o�i
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<br /> ; pay all subsequent taxes and assessmente. �'
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<br /> ' In the event that the holder or holders of this option shall decide to purehase the said property��
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<br /> '' at the above price and terms vaithin the said time, then and in t�at case, the said axnount paid �
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<br /> for this option shall be credited upon the said purchase price, but in the event the holder or i;
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<br /> ': holders hereof do not conclude the purchase above named within the time prescribed, then and in ��
<br /> that case the said amount paid f or this option shall be retained by the u�dersigned in full sat- ��
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<br /> �� isfaction for holding the �roperty subject to the said order for the said time.
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<br /> It is provided, however, th�_t in case there should be any delay on the pa.rty of the u.ndersigned I!
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<br /> '� in perfecting the title to the above property for more than 5 days after notice of the election '
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<br /> '' of the holder or holders hereof to purchase the said property, then and in that case the hold.er ;i
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<br /> '� or holders hereof reserves the right to cancel this option and receive back the consideration "
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<br /> here�For or to extend the time until said title is perfected, i;
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<br /> '' Dated at Grand Island,Nebrasxa, this lZth day of May A.D. 1927. '�
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<br /> Rufus M.Geer (�EAL) ,;
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<br /> Harley Simpson (3EAL) !;
<br /> ; $TATE OF NEBRASKA ) On this --- day of Dday� A.D. 1927, before me, the undersigned, a ;
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<br />' ;" HALL C�UNTY ) Notary Pub i ic, duly comrnissioned and qualified for and r esiding in i�
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<br /> i said County, personally carne Rufus M.Geer to me knoaen to be the identical person whose name is IS
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<br /> his voluntary �.ct and deed. '
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<br /> f �(itness my hand and Notarial Seal the day and year last above written. ��
<br /> � Paul C.�uston ��
<br /> (SEAL)
<br /> Notary Public ;;
<br /> My commission e� ires the 21st day of June, 19z9• ;j
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<br /> Filed for record this 16th day of March, 1933, at 9:1�j otclock A.M. /�� �j" �?
<br /> � ,� \.J�-�zi� �J�/�r�y� �i
<br />� � Register of Deeds �
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