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<br /> rxeeucuanxeco -7606
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<br /> ��AGREEMENT ' !
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<br /> THSS AGRE�ZENT made and entered into this 14th day of September, �935, by and bet�veen W.J.Bachman '
<br /> of Grand Island,Nebraska, party of the first p�.rt and D�1ona�otor Oil �ompany of Council B1�afPs, ��
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<br /> 'Iowa, a corporation, and its succeasors or assigns, party of the second part WITNESSETH: ;
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<br /> !That the party oP the first part has this day sold to the party of the second part all of the i)
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<br /> �;equipment, fixtures, chattels and improvements, property and good will, excepting stock of iner- f
<br /> '�chandise of the bu�iness owned and operated by party of the first part, under the style and firm i
<br /> 'name o�' Bachman 8ervice 5tat ion and located at the corner of 5econd and Walnut Streets in the
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<br /> �City of Grand Island,Nebrasl�.a, for the sum of �7500.00, said sale to be conditioned upon the fol-
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<br /> lowing provisions;
<br /> 1. Party of the first part is to furni�h party of the second part a satisfactory evidence of titl�
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<br /> ,', to all of said ma�or fixtures, equipment, chattels and improvements by furnishing statements fromj
<br /> ' the sellers thereof that he holds '�itle thereto free and clear oP all encumbrances. J
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<br /> 2. Upon satisfactory assignment of l�ase to said premises being made by the party of the first i
<br /> part and agreed to by the lessors together with a release from said lessors on the provisions con
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<br /> ; tained in said l�ase requiring improvements in the sum of �1500.00 to be made on �aid premises an
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<br /> , a statement f'rom said lessors showing that that requirement has been complied with. i
<br /> 3. Satisfactory sho�uing made by party of the f irst part that said f ixtures, equipment, chattels ar�d
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<br /> `` improvements are free and clear of all encumbrances whatsoever. �I
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<br /> 4, Execution of satisfactory bill of sale to said fixtures, equipment, chattels and improvements I
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<br /> which bill of' sale is to include r�.n itemized and detailed statement oP all chattels therein conve � ed
<br /> i5. Approval by second party of the abstract of title to said premises described as Lot Five (5) i
<br /> ' in Block Sixty-four (64) of the original tov��n nov� city of Grand Island,Hall County, rJebraska, bei g
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<br /> ; the premises now leased by first party hereto and to be assi;ned to second party hereto, exceptin �
<br /> ; such portion of Lot 5 as has been reserved by the les�ors ar_d as more fully described in said leate
<br /> ' dated Janu�.ry 11, 1935. �
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<br /> '; 6. Th�.t any prepaid billa such as oecupation taxes, pole taxes, permits, rent, etc. made by first �
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<br /> ;? party before completion of th�s transaction are to accrue to the second party as part of the con-i
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<br /> sideration for the purchase price, i
<br /> �' 7. The right to use the name of Bachman in the conduct of this business aPter the completion of
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<br /> ' this transaction is not conveyed to said second party, '
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<br /> ' It is furtner understood and agreed that the party of the first part will place said bill of j
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<br /> isale hereinabove rePerred to, and the party of the second part will deposit the purchase priee �
<br /> 'I� hereinabove referred to, in escrow evith the First National Bank of Grand Island,Nebraska, until �
<br /> `; all terms and conditions hereinabove set Porth are complied with, the same to be placed in escrowj
<br /> i as soon as party of ti�e second part has approved the abstract of title to said premises as provid d
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<br /> � in part 5 hereof. �
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<br /> '' IN WITPJESS WHEREOF �re have hereunto set our hands and seals th�.�.; 14th day of September, 1935.
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<br /> ; IN PRESENCE OF: W.J.Bachman �
<br /> A.J.Luebs. Party of the First part
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<br /> MONA-IUiOTOR OIL COMPANY of f I
<br /> ' � COUNCIL BLUFF", I04"�A, a .
<br /> � ra einen
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<br /> By F nk. H
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<br /> �`. Filed for recof�d this 29th da.y of October, 1935, at 10:00 o 'clock A.M. �
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<br /> ' �^ eF�gister of �eeds
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