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<br /> 17604—The Augustine Co., County 3uppliea, Grand Island, Neba � � � �.
<br /> �AND CONTRACT ( S ecial)
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<br /> THIS AGREEi�2�NT, Made the 26tn day of October, A. D. 193�, between Art?�ur J. Whalen and
<br /> Katherine R.Whalen, 'rlusba.nd a.nd wife, parties of' tiie first p�rt, and Mark T.Hyslop and
<br /> Grace E. Hyslop, nusb�nd a.rid wif e, as ,joint ten�nts, part- of t'r�e second part.
<br /> WITNFSS��.Ch, That said r�arties of' the f'irst ��art agree to sell and convey to sa.id partie;s
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<br /> of trie second vart �'or t�1e price and upon tne terms hereinafter mentioned, tne followin� ,
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<br /> described re�1 es�ate situate in the C�unty of Hall and State of Nebraska, towit: Fractior�al
<br /> Lot One ( 1) in Block One �l) , of Elm P2ace anct its complement beino Fractional Lot One (1) ,
<br /> in Fractional �31ock Eight (�) , of Spaulding and Gregg's Addition, both additions being to ±
<br /> tne City of' Grand Islund, as surveyed, platted arid recorded.
<br /> Said nar�ies of t��e second part agree to purcnase s�id real estate from said parties
<br /> of tne flrst part, a.nd to pay to tilem, as tne purchase price for tne same, tne sum of Five
<br /> Thousand lriree Hundred ( �5300.00) dollars, in payment as follo��s: �
<br /> 5ixty Dollars �$60.00) in hand pa.id, t;iie receipt of which is hereby acknowledged and Sixty
<br /> Doll�rs (�b0.00) on tne lst d�.y of November, 19j� and Sixty �ollars ( �60.00) on the first
<br /> day of' eacn ar�d every month nereafter until the total sum of �1�Q0.00 has been paid, said
<br /> payments not to bear any interest. As a part of ti�e consideration second parties further '
<br /> assum? and agree to pa.y a mortgage to tne Nebraska Loan & Trust Company in trie sum of
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<br /> r . b min dae on said m rt fr m na t r
<br /> nd to rom t� a 11 inte est eco o a e o a af e
<br /> �00.00 �,
<br /> �37 a P p Y � Y g g g
<br /> October 1st, 193�.
<br /> All of' s��id deferred payments bear intere.�t at the rate of ----per cent per annurn, and
<br /> thereafter at the ra.te of nirie per cent per annum until �aid.
<br /> SBid p�T'ties of tne sec�nci par•t a�ree to pay <�.11 taxes and assessmer�ts levied against
<br /> saiG �remises, including the taxes for tl�e year 19�� and subsequent taxes, befcre the s�.mq
<br /> become �elinquen�, a.rd to keep tne buildings, if any, on said premises, insured against
<br /> f ire and windstorm in trie sum of not less than �5000.00 in f�.3vor of said parties of the
<br /> first �art.
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<br /> �ut if said sum o� money, or any part thereof or any interest thereon be not paid when ,
<br /> the same is �ue or if the taxes an� assessments of every nature wnich are assessed or levi�ed
<br /> against said prerriises, are not paid befcre t�ie same become delinquent, trien in tn�.t case, ,
<br /> the whole of said sum sn�.11, a,nd by this inder�ture does immedia.tely become due and payable.
<br /> As saon as said nurchase money a.nd tne interest there:�n sna.11 be fully n�id, time bein�
<br /> of tne essence of tnis contract, said par�ies of' thP first nart agree; to make, execute
<br /> anci deliz.Ter to said parties of' the second nart, or trie survivor, a good and sufficient
<br /> warranty deed conveyin� said real estate to trle�} in fee simple, free of all incumbrances !
<br /> except t17e taxes fer the year A. D. 193� and subsequerit taxes, ubon surrender of this dupli-
<br /> cate contr�.ct; Provided, tnat at any time befcre final payment has been ma.de, upon the
<br /> request of s�id first p�.rtiPs, sa.id p��=rties of tne second part shall execute to the said ;
<br /> pa.rt- of �i:e first p�.rt, notes for the unpaid balance of the purchase money, secured by a !
<br /> first mortg�.�e on said premises upon deliv�ry of a deed conveying the title to said bremiges
<br /> to them. '
<br /> In case the said parties of the second p�,rt sha11 refuse, neglect or fail to ba.y said
<br /> �urchase money and interes� as above stated a.nd agreed they sha.11 forfeit any and all rights �
<br /> � in and tc s-,id re�-.l esZate acquired under and by virtue of tnis agreement, and shall hence-
<br /> forth be deemed mere tenants at will under trie s�i.d. part- of tne f'irst part and be liable
<br /> to be proceeded against under tne nrovisions of an Act regul�tin� proceedings in cases of
<br /> forcible er.try a,nd d.etainer, and the acts a.:nending the same. And any payments that shall �
<br /> h�ve been made, shall become forfeited to trie part- of the first part, a.s stipulated dama�es
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