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<br /> ���-STATE JOURNAL COMPANY,LINCOLN,NEB �y '- �� �� � . � �
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<br /> �j AGREEPdENT-SALE OF REA.L ESTATE �
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<br /> �: THIS INDENTURE Made this 17th day of February 1923 by and between (�rand Island Land Co�apan
<br /> ;; pa��y of the first part ,and Lauxa '�eed party of the second part.
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<br /> �' WITNESSETH,That party of the first part has this day sold to the party of the second part and �
<br /> ;; party of second part has a.greed to buy the following described property,to-wit: Lots One and ��
<br /> � ��.
<br /> '' �wo ,Bloc� Thirty-two P�,eker � Barr 2nd Addition to the city of Grand Island as surveyed platt d
<br /> � & recorded,subject to any rights of the U.P.Ra.R. Co right of way together with all appurtenan�es
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<br /> ' thereto belongin�,for whic� the party of the second part agrees to pay the sum of Three Hun- ';
<br /> "' dred & Fifty & no/100 Dollars (�350.00) payable as follows: Ten & no/100 Dollars cash in hand ��
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<br /> ,, receipt of which is hereby acknowledged.Balanee payable �5.00 on March 17th 1923 � �5.00 '�
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<br /> .'' on the 1 th of each subsequent month,Interest a� the rate of Seven per cent ��
<br /> 7 per annum from �:
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<br /> Feby 17th 1922 payable semi-annually Option is given to pay more or all a.fi, any time & stop ii
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<br /> ` interest on any amounts so paid. i�
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<br /> � Party of the second part a.grees that should he fail or refuse to carry out the above con- ��
<br /> ! ditions ,the money already paid shall be forfeited as liquidated dama�ee,at the election of
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<br /> party of the first part. . ��
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<br /> The party of the first part a.grees,� marketable abstract of title covering said property i
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<br /> . . . . . .days before delivery of deed,brought dowa to d ate,and give . . . days for e xaxnination a�d
<br /> '' if the title is defective said first party to have a reasonable time to correct �aid defect 1�
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<br /> or defects and show same on the abstract. �!
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<br /> '` Now if the said rt of the second pa,y the sum or sums as above set forth and
<br /> � , pa. y part shall
<br /> '' carry out the conditione above named,time being the essence of this eontract and of all the I
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<br /> ` conditions thereof,the pa.rty of the first pa.rt will furnish a Warranty Deed to said aevond �
<br /> ;, party at Gra.nd Island Nebraska,and pay all tagea that are a lien on said property,and up to �i
<br /> � 1923 and none assign the insurance,and give posseasion on delivery of contraet 9ub�eat to anyi
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<br /> i special taxes such as wa�er,sewer paving & a. ��
<br /> � And whereas the said second party has agxeed and does hereby agree that the second party I,
<br /> �' �s
<br /> )
<br /> ; shall and will pay all taxes and aesessments levied or aesessed upon this contract and upon t e
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<br /> ;; debt secured �hereby;to keep the buildings on said premises insured for the sum of �. . , . . .for �
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<br /> �. the benefit of said first party or assigne,and to deliver to said first party or assigns the j
<br /> j� policies f"or said insurance;to pay all taxes and assessments on said premises ,before the same �'�
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<br /> ; shall become delinquent ,and not to commit or permit any waste on or a'bout the earne; �
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<br /> And whereas ,it is further agreed that if the second party shall fail to pay the taxes upon!� �
<br /> �` said premises or upon this contract or the debt secured thereby before delinquency,or to furn sh
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<br /> ! such insurance thereon,the first party or assigns may pay such taxes,and procure and pay �
<br /> ' for such insurance ,and the second pa.rty shall re-pay to the firet party or aesigne the sums s
<br /> �; paid fox taxes and insurance,wit2i interest thereon at ten per cer�t;and the sum so paid,with ,
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<br /> ;; interest ,shall be covered and sevured by this contract ,and shall be a lien thereun�er as from �
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<br /> '� thie date; � � � ,
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<br /> '' NOW THEREFORE,if said note together with aII moneys advanced by the first party for taaes
<br /> �' and insurance shall be full �
<br /> y paid,with interest thereon accordin to the tenor and effect of aid i
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<br /> note and of this contract ,then said deed shalz be delivered;but if said noi�e or any part ther of,
<br /> '' or any interest thereon shall not !re paid when due,or if the second pa,rty shall fail to keep
<br /> F� and perform any of the covenants or agreements herein contained,then said note shall immediat �ly �'
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<br /> j= become due ,and the firat party heirs or assi�ns shall have the right to cancel this contract
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<br /> at once.
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<br /> IN WITNESS �9HEREOF,the parties aforesaid have subscribed their names to duplicate contract '
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