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<br /> l�i� ���Jl.S�L71�1 �� '�.J � ��� ��� �
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<br /> THEIIUGU/TINFCO.-�IGOE) � � � � �
<br /> '� OPTION j
<br /> ; • KNOW ALL A�EN B'Y THESE PRESENTS: �I
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<br /> THAT August Hitchler of the village of Abbott, County of Hall, and 5tate of Nebraska, Yor the con�-
<br /> � sideration of the sum of One and no/100 DULLARS, and a certain lease of even date herewith, in I
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<br /> `- hand paid, at or before the ensealing and delivery of these presents by Ed.Brase of the Village �
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<br /> ! of Cairo, county of Hall and State of Nebraska, have agreed and do hereby agree to hold until the�,
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<br /> ' first day of July A.D. 19�+1 at 12 o 'clock �, time being the essence and im�ortant part in this �
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<br /> option, sub,�ect to the order of the said Ed.Brase, or assign, the f ollowing described property, ;
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<br /> to-wit: All o�' lot six (6) , a�d the north t��o feet of the West 100 feet of lot Pive (5) , all in !
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<br /> , block six (6) , in the Original Town of Cairo, Cairo, Nebraska, as shown by a recorded plot thereo' .
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<br /> ` Also a11 furniture ana fixtures now located in the said premises. il
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<br /> or to tranefer � the said property at any time within the time above preseribed, to the said Ed. ;�
<br /> Brase or such person or persons as he or they may direct at and for the price of Thirteen hundredj
<br /> and no/100 D�LLARS, good and lawful money of the United States of America, payable on the follow-
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<br /> ing term�: Six hun.dred Doilars Cash and The balance payable at �25.00 per month without interest �!
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<br /> In the event that the holder or holc�e�s oP thi� option shall decide to purchase the said property;
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<br /> ' at the above price and terms �vithin the said time, then and in that ca�e , the said a.mount paid ;
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<br /> for this option shall be credited upon the sai�d purchase price, but in the event the�.hblder���r i
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<br /> i holders hereof do not conclude the purchase above named within the time prescribed, then and in i
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<br /> ! that case, the �a.id amount paid for this option shall be retained by the undersigned in fu�l
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<br /> ; satisPaction for holding the property sub�ect to the said order Por the said time. I�
<br /> � ' It is nrovlded, hoerever, that in case there should be any delay on the party of the under�igned �'�
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<br /> � in perfecting the title to the above property for more than 30 days after notice of the electionll
<br /> of the holder or holdera hereof to purchase the said property, then a.nd in that case the holder
<br /> � or holders hereof reserve the right to car�el this option and receive baek the consideration '
<br /> ' herefor or to extend the time until said title is perfected. ��
<br /> Dated at Cairo, Nebraska. �his 6 day of May, A.D. 1936. ;
<br /> � Auguat Hitchler ( SEAL) ,�
<br /> STATE OF NEBRASKA ) On this 6th day o� May, A.D. 1936, before me, the undersigned, W.E.Sorensi n
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<br /> ' HALL COUNTY ) a Not�ary Public, duly commissioned and qualified for and residing in said�
<br /> County, personally c�ane August Hitchler to me known to be the identical person whose name ia
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<br /> affixed to the Por��going instrument as grantor and acknowI.edged the same to be his voluntary act ;
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<br />� ��� and deed. ;,�
<br /> ; Witness my hand and Seal the day and year last above written.
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<br />' �.E.3orensen �I
<br />�' � (SEAL) Notar�r Public
<br /> ;! 1�Iy commission expires the 20th day of July, 1937-
<br /> ;, Filed for reeord this 7th day of �day, 1936, at 10:00 0 ' clock A.M. 'I
<br /> G����-��. �
<br /> Register o�e ds
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<br /> '- 0-Q-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-U-U-0-0-U-0-U-Q-0-0-0-U-0-0-U-0-0-0-0-0-0-0-0-0-0-0-0-0-0-d1
<br /> ' CONSENT TO EXTENSION AND REA�tIORTIZATIO�T AGREEIt�ENT. Loan No. �2�3 !�
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<br /> ,� In consideration of The Federal Land Bank of Omaha extending the time Por payment of the un�aid �;
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<br /> � indebtedness under its first mortgage loan upon certain real estate now o�vned by Franklin B.Camb�
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<br /> bell et aI. situated in Hall County, State of Nebraska, (which mortgage is recorded in Book 5� i
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<br /> � Page 600, of the I�ortgage Records of said County) , and r`eamortizing such indebtedneas so as to i
<br /> '' permit semi-annual payments of principal and interest to be made over a period of 342 years, the �
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<br /> �� final installment to be payable on the first day of �arch, 1970. ;
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<br /> The undersigned hereby agrees that if such extension and reamortization shall be granted, the i)
<br /> ,; priority of the lien of The Federal Land Bank of Omaha, Omaha, Nebraska, upon said real estate �f
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<br /> > ahall in no v�ray be aPfected by such exten�ion and reamortization, and that the mortg�.ge of The i
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<br /> ii FederaZ Land Bank of Omaha shall remain a first lien thereon, superior to any lien or ri�hts i °
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<br /> i existing -in favor of the undersigned. ;
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