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<br /> 17b04—The Auguatine Co., County SuppHes, Grand Island, 13ebr.
<br /> the purpose of mak�n� such repairs upon the premises, as, in its ,judgment,may be proper and
<br /> may use �aid rents so far as necessary for the payment of insurance premiums and taxes
<br /> upon said premises. It shall also have authority to deduct from said rents a fair campen-
<br /> sation, to be payable to said Association' s Agents, for sepvices rendered in the collection
<br /> of said rents; the balance '�o be applied upon the payment oP monthly installments upon
<br /> sald loan,
<br /> Dated at arand Island, Nebr. this 16 d.a.y of Septemher, 1g40.
<br /> Witness : Bert E.Phillips Jr
<br /> Florence V.Myers Francea R.Phillips
<br /> State of Nebraska)
<br /> ) SS; On this 16 day of Sept.19�0, before me, the undersigned,a Notary
<br /> Hall County. )
<br /> Public, in and for said County,personally came Bert E.Phill3:ps
<br /> � Jr. and Francea R.Phillips, each in their own right, and as Husband and Wife who are per-
<br /> sonally known to me to be the �dentical persans whose names are affixed to �he above in-
<br /> etrument a� grantors, and they have acknowledged the same to be their voluntary act and
<br /> � deed.
<br /> Witness my hand and Notarial Seal �he date aforesaid.
<br /> Florence V.Myera
<br /> Nt Commission expires August 27, 19�+3. (SEAL) Nota,ry Public.
<br /> Filed for record the 1� da.y of Sep�ember, 19�I�0, at 3 o 'clock P.M. �����,�/��
<br /> Register of eeds.
<br /> 0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-�-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0
<br /> A(�REEMENT TO DEED,,
<br /> ' A G R E E M E N T
<br /> THIB AGRE�NIENT MADE and entered �nto this 13th day of August,A.D.1940,by and between
<br /> Ralph E.Klink,a single man party of the first part,and The Equitable Life Assurance '
<br /> :3ociety of the United States,par�y of the second part.
<br /> W I T N E S 3 E T H That,whereas, the party of the first part is the owner of the fol-
<br /> . Zowing described real estate, to-wit:
<br /> The Southwest Quarter of Section Five �5) ,and the Northwest Quarter of Section Elght (�)
<br /> (except one (1) acre used for school purposes) , all in Township Eleven (11) North,Aange
<br /> Ten (10) West of the Sixth Principal Meridian, in Ha11 County,Nebraska,
<br /> upon which the party of the second par� has a mortgage in the prineipal sum of Sixteen
<br /> Thousand and no�100 Dollars (�16,000.00) ,reeorded in Book 75 of Mortgagea,nn Page 271,
<br /> in the office oF the Register o� Deeds of Hall County, Nebraska, upon which the compulsory
<br /> principal payment of Five Hundred and no�100 Dollars ��500.00) due January 1st,A.D.1939,
<br /> and �he compulsory princ3.pal payment of Five Hundred and no�100 Dollars (�500.00) due
<br /> January 1st,A.D.19�U, are past due and remain unpaid.
<br /> , WHEREAS, said mortgage is in default and the party of the first part unable to pay the
<br /> satae,and has proposed to The Equitable Life Assurance Society oP the United States, that
<br /> a deed to th� property be accepted 3.n full payment of the mortgage indebtedness instead
<br /> of a foreclosure and in order to do away with any deficiency �udgment against the party
<br /> o�' the Pirst part.
<br /> NOW,THEREFORE,it is understood and agreed between the parties here�o that The Equitable
<br /> Life .�ssurance Socie�y of the United States shall accept a deed from $alph E.Klink, a
<br /> ' single man, to the above described real �estate; and in consideration �hereof sha11 pay the
<br /> sum of One Dollar (�1.00) Cash a,nd other valuable considerations, and release the mortga�e
<br /> indebtedness above de�cribed againe't the said property, and release Ra.1ph E.Klink from
<br /> � any liability upon the note executed at the same time of said mortgage; and shall cancel
<br /> ' said note; and that no deficiency �udg�en� shall be taken against Ralph E.Klink; and in
<br /> - consideration of the release and cancellation of said note and $aid indebtedness, and re-
<br /> ceipt of $aid sum of One Do11ar (�1.00) Cash and other valuable considerations in hand
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