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<br /> � AGR��'�lENT-S�L�' 0� RTAL �'ST�TE
<br /> �� This Indenture, '�ade this �th day of �darch 192� by and between Edmond C. Brosseau and Chaxlotte
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<br /> �r Brosseau�, party o.f the first part, and Jennie �lelis party of the second part, 'NITNE9SETH, That
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<br /> !� party of the first bart agrees to sell to the party of the second part and party of the second {
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<br /> '{ part agrees to buy the following described property,to_wit: Southerly 7£� feet of Lot Five (5)
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<br /> "� Block Fifteen (15) , H. G. Clark� s Addition to Grand Island, Nebraska to�ether with all appurten ces
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<br />' `+I thereto belonging, for which the party of the second part agrees to pay the sum of Forty-five
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<br /> ,, �undred and 00/lOQ Dollars (�4500. 00) payable as follows; Fifty and 00/100 Dollars cash in han ,
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<br /> f� receipt. of which is hereby acknowledged. balance of �4450 payable as follows: �450 on April 1, i
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<br /> j! 19�8 and �35. 00 on the first day of �day 192� and �35. 00 on the first day of each subsequent i
<br /> `i month thereafter until the balance is fully paid. Interest at the rate of 6� per annum to be ?
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<br /> �f deducted from th� monthly payment and the balance applied on the prineipal. Option is hereby I
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<br /> �a o �11 m , and sto interest on amount so aid.
<br /> iven to m r or at n ti e
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<br /> � Party of the second pa.rt a�rees that should he fail or refuse to carry out the above condition ,
<br /> �ithe monEy already paid shall be forfeited as liquidated damages, at the election of party of t e
<br /> �i first part.
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<br />� �� The art of the first art a rees to furnish an abstract showin marketable title to said rea
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<br /> Ijestate 5 days before delivery of dePd, brought down to date, and give 5 days for examination
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<br /> ;� and if the title ie defective said first party to have a reasonable time to correct said defec
<br /> ;� or defects and shovr same on the abstract �
<br /> i' Now, if the said party of the second part shall nay the sum or su_ms a� abov� set forth and
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<br /> i; carry out the conditions aba�,*e named, time being the essence of this contract and of all the c ndit- -
<br /> �� ions thereof, the party of the first part will furnish a ',�larranty Deed to said second party at
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<br /> �iGr�and Island, Nebraska and pay all �eneral taxes that are a lien on 8aid ro erty and to ���
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<br /> �i192� and to assign the insurance, and �;ive possession April lst , 192�
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<br /> �; And whereas the said second party h�,s agr�ed and d.oes hereby agree that the second party ahall
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<br /> �� and �ill pay all taxes and assessments levied or asses�ed upon this contract and upon the debt
<br /> i� secured thereby; to keep the buildinbs on �aid premises insured for th� sum of their insurable
<br /> i� value both ffre and torna.do covera�;e, for the benefit of said first party or assigns, and to
<br /> � d.eliver to said first party or assi�ns the policies for said insurance; to pay all taxes and
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<br /> ; assessment� on s�.id nre�cises, before the same ahall become delinquent , and not to eommit or
<br /> ;� ,bermit any eva.ste on or about the s�.me.
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<br /> �; And �heres.s, it is further agreed that if the sPCOnd partyshall fail to pay the taxes upon sai
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<br /> t' pr+emises or upon this contract or the debt sPCUred thereby before delinquency, or to furni�h
<br /> f! such insur�.nce thereon, �he fir€�t party or assi�;ns may pay such taxes, and procure and pay for
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<br /> I� such insura.nc�, and t'r.e second �arty shall r�-pay to the first party or assigne the sums so pa d
<br /> j� for taxQS and insuranc�, with interest thereon at ten per eent; and the sum so paid, with inte est,
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<br /> !jshall be covered and secured by this contract , and shall be a lien therunder as from thie date
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<br /> i� It is a�reed to by the second parties hereto and bindin� upon their heir� and assigna, that
<br /> ithey will at once, whenever the balance unpaid, is paid down to a sum that any kind o� a loan
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<br /> �i can be secured, to equal sa.id balanc�, procure said lsa�,n and pay off said balance, upon failur
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<br /> i; of second pa.rties thereto �o to do , first party may procure said loan a� second parties expens
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<br /> � and said first party or assigns is hereby authorized so to do.
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<br /> �j NOti'V THEREFORE, if said payments together �ith all mon+eys advanced by the first party for taxes and
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<br /> � insuranee shall be fully paid, with interest thereon according to the tenor and effect of this
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<br /> i! contract, then said deed sha.11 be delivered; but if� sa.id pa�rments or an,y part thereof, or any
<br /> i; interest thereon shall not be paid when due, or if th`e second party shall �ail to keep and
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