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<br /> fHEpUGUSTIXECO -�b��
<br /> ';Witness my hand and Notarial Seal the dat� aforeeaid. " (
<br /> � Florence V.�yers ;
<br /> (SEAL) Notary Public i� �
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<br />� ;My commission expires August 27� 1937• 'j
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<br /> ' File d for record this llth day oY December, 1935, at 3:30 0 �clock P.D�. �j�`� � � ��
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<br /> ; Register o�- D�eds ��
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<br /> ;i THIS AGREEMENT, Made and entered inta this 22nd da.y of July, 193�, by- and bet�reen Clara Hadl.oek ��
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<br /> �;� �,n unmarried woman, of Omaha, Douglas County, Nebraska, (party of the first part) , and Mark T. li
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<br /> �� Hyslop, of 4rand Island,Ha11 County, Nebraska, party of the second part, WI�NESSETH: i
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<br /> ;'jThat the party of the first part has this day and does hereby contract and agree to eell to the "
<br /> ;; p�,rty of the second part the fallowing described premises, to-wit: �.
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<br /> ;; Lots Three (3) and Four (�-� , in Block One Hundred and nine (109� , Railroad Addition to the town, '
<br /> ;; now City, of Gra.nd Isla�d, Nebraska. �'
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<br /> ;' IN CONSIDERATION WHEREOF, the party of the seeond part promises and agrees to pay to the first �
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<br /> ; party the sum of Sixty-five Hundred Dollars (�6500.00) , payable as foilows, to-writ: T�vo Hundred '.;
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<br /> � F3fty DolZars (�250.00) in cash, the receipt whereof is hereby aeknowledged, and the balance of i`
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<br /> ;i �6250.00 is payable as f oll�ows, to-wit; Sixty Dollars (�60.00) on or before the 22nd day of ;;
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<br /> � Oetober, 1935, and Sixty Dollars (�60.00) on or before the 22nd day of e�.ch month thereafter unti�.
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<br /> :' said principal sum shall have been paid in fu�l. The unpaid balance shall draw int�rest at the 'I
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<br /> �! rate of three percent (3�) per annum payable as follows: On or before the 22nd day of October I
<br /> � 1 in addition to �he s�,id a ment of 60.00 the second ar'� a rees to a the interest on �
<br /> , 935� p y � p y g p y ,�
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<br /> ; the sum oP �6250.00 at said rate of 3� per annum, and on or before the 22nd day o� each month i+
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<br /> ', thereafter, to pay the in��r,�st on the unpaid balance of the purchase price at said rate in addit�.on
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<br /> ,� to the pa�ments of �$60.00. � i;
<br /> '' The first party hereby contracts and agrees that she will forthwith mal�e and execute a warranty
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<br /> ;! deed co nveying said premises free and clear from all liens and incumbrances whatsoever, except
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<br /> itaxes Por the year 1935, and except such liens or incumbrances as may be placed thereon by the
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<br /> j i; seeond party, which warranty deed is to be deposited in escrow in the Commercial National Bank of �;
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<br /> ;� Grand Island, �Tebraska, to�ether with a copy of this contract, with instructions to deliver the �,
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<br /> �� said warranty deed to the said Mark T.Hyslop, when and in the event all sums to be paid under theij
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<br /> ';� terms of this contract by the s econd party to the f irst party shal.7. have been paid in full. ;'
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<br /> ;� It is further underatood a.nd agreed that all payments under the terma of this contract are to be ;;
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<br /> ! paid a.t the Cominercial National Bank of Grand Island,Nebraska, and when any payment is made, the ��
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<br /> ; same is to be endorsed upon the contract left at said Bank. -
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<br /> �iIt is further understood and agreed that in the eeer�t any payment shall not be m�de promptly when ;
<br /> ;� due, time being of the essence of this contract, then at tl�e option of the first party, her heira '
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<br /> ;4executors , administrators, successors or assigns, the entire arnount shall fall due and beeome �
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<br /> ;l payable immediately, 'j
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<br /> ,; It is Purther understood and agreed tnat any sum not paid promptly when due, time being of' the ,;
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<br /> i� essence of this contract, or in the event the maturity of the payments are accelerated by reason ;�
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<br /> {jof default, �nen the entire sum shall dxaw interest at the rate oP ni�ne per cent (9�) per annum. :�
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<br /> �� The Pirst party agree,s that she wi11 rvithin thirty days deposit with said Bank �n abstract of tit�� e
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<br /> ;� to said premises, �.nd that when this cor�tract _shall ha,ve been complied vrith, she will furn�.sh to i'
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<br /> �� the second party an abstract of title showing a marketable title to be vested in her, �ree and ",
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<br /> j� clear Prom all liens and incumbrances whatsoever, ,except taxes for the year 1935, a,nd except such �i
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<br /> j� Iiens or incumbrances as may be placed thereon by the second party. The second party shall have 8�
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<br /> �ireasonable time within wh3.ch to have said abstract examined, and in the event the t3.tle �endered i!
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<br /> ;� by the first party sha11 not be marketable, sh��..shall have a reasonabZe time within which to '"
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<br /> !j pEri'ect her title. � ,�
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