103
<br /> �1[�. �C�E��L��T��lLJ� ��EC ��� �J
<br /> 21917—The Augustine Co., County Bupplies, Grand Island, Nebr.
<br /> State of Nebraska )
<br /> � ss. On this 21st day of September A. D. 19�+2 before me, �he under-
<br /> Hall County ) signed, a Notary Publie duly commissioned for and resid�ing in
<br /> said county, personally apneared David Ditter, a widower to me well
<br /> kno�an tc� be the identical person who subaeribed said power of attorney as principal, and
<br /> acknowledged the said instrurnent to be his �reP and voluntary act.
<br /> In Testimony Whereof, I have hereurlto sPt my hand and notarial seal at arand Island in
<br /> said County, the day and year last above written.
<br /> Herbert F.Mayer
<br /> ( SEAL) Notary Pu�lic
<br /> Commission expires May 17, 19�+�- �
<br /> Filec� for record tlzis 21 day oP September, 19�+2, at 2 : 30 0 ' clock P. M.
<br /> �
<br /> Register of D�
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<br /> INSTALLMEIJT CONTr�ACT ,� Pr�,o�rty Mana�ement No. Nebr. -A-�-26
<br /> .
<br /> THIS AGREFMENT, made and entPred into trlis lst da,y of August, 193�, by and betw��n
<br /> HOME O��fiERS' LOAN CORPORATION, a corporate instrumentality of tne United States of
<br /> Americ�, organized a.nd existing under and by virtue of an Act oP the Congress of the
<br /> United States of Americ�, known as tYie Home Owners � Loan Act of 1933, as a.mended, and
<br /> having its principa.l office and plac? of business in the City of Washington, DiStrict of
<br /> Columbia, herein designated as Se11�r and Rudolph Andersen and Evelyn Andersen, husb�nd
<br /> r�nd wife, herein designated a.s Buyer, WITNESSE`I'H That:
<br /> l. Seller, for and in consideration of thP �ric� hereinafter st�ecified and the
<br /> covenants, promises and agreements on the ��a.rt of �uyer herein contained and made, agrees
<br /> hereby to se11 and convey to Buyer, sub,ject to and u�aon ea.ch and all of the terms, conditions
<br /> and provisions of this Agreement, and I3uyer in c�nsiaeration of the premises agrees hereby
<br /> to buy, the rea.l proz�erty situa.te in the Coun�y of Hal1 Sta�e of Nebra.ska, hPreinafter
<br /> referred to as the property, described as follows :
<br /> Fractional Lots One (1) , Two �2) and '�hree �3) all in Fractional Block '1'hirteen (13)
<br /> in Fairview Park Addition to the City of Grand Island, Hall County, Nebraska, as
<br /> surveyed, platted and recorded.
<br /> 2. The total price a.t and Por which 5eller a�rees to sell and convey and Buyer agrees
<br /> - to buy the �ro�erty is the sum of Two '�housand F�.ve �undred and No/100 Dollars, (�2, 500.00)
<br /> with interest as hereinafter stipulated, and Buyer agrees hPreby to pay the said price in
<br /> la.��►ful money of' the United States of America, to Seller, or order, at �eller� s Regional
<br /> Office in Omaha, Nebraska, or at such other pl�,ce or places a.s �e�ler may from time to
<br /> time designate, at the times, in the amounts and in the manner following:
<br /> (a) �he sum of Two Hundred Fifty and No/100 Dollars ��2�j0.00) paid prior to and upon
<br /> the execution anc� delivery of this agreement, receipt whereof is hereby acknowledged by
<br /> seller; and
<br /> �
<br /> (b) The principal sum of Two Thousand T?�ro Hundred Fifty and Noi100 Dollars, (�2250.J0)
<br /> with interest thereon at the rate oP five per cent (5�) per annum from the lst day of
<br /> August, Z93�, until paid, shall be paid as follows:
<br /> $17. �0 monthly f'rnrn date beginnirig on the lst da.y of September, 193�.
<br /> Excent �s is hereinafter otherwise provided, each payment made hereunder sh�.11 be credited
<br /> first on interes� then due and tne remainder on principal. Additional payments of principal
<br /> in any amounts may be made at any time and shall be credited on such portions of said prin-
<br /> cipal sum as Seller s�l��ll elect. Interast sh<�ll not be charged upon principal paid and
<br /> crec�ited hereun�er.
<br /> 3. �uyer ��rees to pay al1 t�,xe� and assessments levied against said premises, in
<br /> cludin� General taxes for the year �.93�, and subsequent taxes, �.rid subsequently levied
<br /> specia.l assess ments for the year 193�, and subsea�uent assesaments before the same become
<br /> delinquent, and deliver recei��ts to the Se11er without demand being made therefor, �nd it
<br /> is further agreed by Buyer that he wi11 kePp the buildings now erected or hereafter to be
<br /> erected upon said premises insured for tne benefit of the �e11er, its suecessors or assigns,
<br /> against loss or damag� by fire, windstorm or hail as long as this contract ar!a.11 remain a
<br /> . lien upon saicl premises in an amount or amounts approved by Seller, i`�s successors or as�igns,
<br /> � and in one or more goocl solvent companies approved by Seller, its succeasors or assigns, the
<br /> loss, if any, to be ma.de pay�.ble to the parties hereto as tlieir interests may appear, said
<br /> pollcy or policies of insurance to be aQsigned and del�vered to the Seller, its successors
<br /> or as�i�ns.
<br /> 4. In the event the Buyer d.oes not pay a.ny such taxes or assessments before the same
<br /> become delinquent, or fa.ils to keep the buildin�s on said real estate insured as above
<br /> provided fo�, then �eller may .pay taxes and assessments and m�.y procure and p�.y for such
<br /> insurar�ce, �nd such sums so expended sh�ll be ad.ditional ol�ligations ow3ng from Buyer to
<br /> Sell.er hereunder, and �.11 such sums of mcney Go expended by Seller, together with interest
<br /> thereon at the rate of Pive per cent (5�.� n�r annum from the several dates of Expenditure
<br /> therPOf until repaL�, shall be repa.id by Buyer to ►�eller in lawPul money of the United
<br /> States of America, immedia.tely and withou� demand, at 5e'11er� s Regional Office in Omaha,
<br /> Nebra�ka., or at such other place or places as Seller may frcm time to timP designate, un-
<br /> less Sel1Pr sha.11 nermit such sums of money to bP otherw�se repaid.
<br /> 5. Buyer hereby assigns, transfers and sets over to �eller, up to the amount of the
<br /> �otal indebtedness of Buyer to Seller hereunder, all of his right, title and interest in
<br /> or to �11 ataards of damages in connection with the cor.demnation of any of the property
<br /> for nublie use or for in�ury to any thereof, and the proceeds of all such a.wards, after
<br /> payment therefrom of all reasonable expenses incurred, including fees for attorneys r�p�ea
<br /> sentin� Sellzr in any proceedings in tiahich any such a�aard is made, shall be pa.id to seller,
<br /> and �el1Pr is hereby autrioriz�d in the na.me of Buyer to execute and deliver valid acquit-
<br /> . tances thereof a.nd to appeal from any or all of such ac�ards. If any of the property or
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