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<br /> �$��-STATE JOURNAL COMPANY,LINCOLN,NEB � � V� � � �� � ���^�
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<br /> ( A(�REE�SENT FOR �PARRA?�ITY DEED I
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<br /> ARTICLEB OF AGR�' MENT ,made this lOth day of September ,in the year of, Lord One Thousand Nine
<br /> � � Hundred and tw�nty-ei�;ht ,between Charles '�.Burroughs and b�ary A.Burroughe,husband � wife, par
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<br /> � ty of the first part ,and J.H.Gerdea party of the s econd part
<br /> !� WITNESSETH,that the aaid party of the first part here'by covenants and agrees that if th�
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<br /> � party of the second part shall first make the payment and perform the co�renants hereina.fter
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<br /> �, mentioned on part to be made and performed,the said party of the first part agre�a to fur-
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<br /> � nieh to second �a. rty a good and sufficient abstaaot of title showin� a good title of reaord
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<br /> ,I to the premises hereinafter de�oribed in the party of the first pa.rt ,ax�d v�ill convey and �
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<br /> �( assure to the party of the second part ,in fee ,simpie,clear of all encumbzanees Rhateoever,
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<br /> by�good and sufficient �arranty �eed,the foZlowing lot ,pieoe and parcel of ground,viz:
<br /> The North Ha.lf (N�) of the North �est Quarter (NW}) of Bection FiPteen (15) ,Toxnship Nine ,
<br /> � (9 j ,Ra,ng� Ten (ZO) ,West of 6th P.B�. County of Hall ,State of Nebraslm..
<br /> � And the said �rty of the aecond part aovenants and agrees to p�.y to sa3d pa.rty of the firat
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<br /> � part ,the eum of Forty-eight hundred � Do�.1�rs ,in the ma,nner followin�: Two Hundr�d � Dollars,
<br /> ' cash in hand paid,the receipt whexeof is hereby aaknowledged,and the balance �2600.00 to be
<br />. paid in eash at time of settlement which shall be ma.de as soon as title is found satisfactory
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<br /> and papers drawn. The balanee of payment ie to be made by -second party by assuming a mort-
<br /> ga�e of �2000.00 now recorded a.�ainet the above described Iand. It is understood and agreed
<br /> � that time is an element of this contract . with intexest at the rate of per cent per annwn,
<br /> payable annually on the whole sum remaining from time to time unpa.id,and to pay all taaes,
<br /> � aesessments or impositione that may be legally levied or imposed upon said land,sub$equent ,
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<br /> �` t� the year and keep the buildings insured against fire and tornado ,for � . ,Ioss,if any ,
<br /> I payable to mort�a�ee as interest may appearRlf there is a mortgage on eaid property,pay in-
<br />,� terest and taxes thereon up to date of final eettlement. It is mutually agreed that time ia
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<br /> � essential element in this contract. And it is further agreed that in ca�e of any payrnent ,
<br /> either of principal or interest ,remaining unpaid for a space of =-daye after the eame shall
<br /> become due ,and in case of failure of the said party of the second part to make either of the
<br /> payments or to perform any of the covenants on part hereby made and entered into ,thia con-
<br /> traat sha1Z at the option of the �a rty of the first part ,be forfeited and determined and th�
<br /> � party of the second pe.rt shall forfeit all payments by on thf.s contra.ct ,and such payments
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<br /> shall be retained by the said party of the first part in full satisfaction of all the damages
<br /> by sustained and shall have the right to re-enter and take possession of said premises afore-
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<br /> �� said. �
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<br /> (! It is mutually agreed that all the covenants and agreements herein contained shall eatend ,
<br /> ' i� to and be obligatory upon the heirs,eaecutors,administratore and aesigns of the respective
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<br /> � parties.
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<br /> 5 IN �PITNESS tNHEREOF,the parties of these presents have hereunto set thei r haxrl s and e eals �,
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<br /> ! the day and year first above written. 'j
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<br /> Signed,sealed and delivered in tAe presence of �
<br /> i; H.G.Pra�t Charles �t.Burrou�hs L.S. �
<br /> �! Mary A.Hurroughs L.S.
<br /> � J.H.Gerd�s L.S. �
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<br /> � Filed for record this 2� day, of September 192� ,at 10:30 o' clock A.M.
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