��4
<br /> �1t� ���E�]L�,��E��J� ��C ��� �J
<br /> 21817—The Augustine Co., County Suppiies, Grand Island, Nebr. � � -
<br /> any right or interest t�.erein or thereto be condemndd for public use, then Seller shall. be
<br /> under no obliga.tion hereunder to �ell or convey the property, right or interest so con-
<br /> demned.
<br /> 6. All moneys received hPreunder by �eller under any policy or policies of insurance
<br /> or any condemnation award or other award may, �t the option of 8eller, without notic� and
<br /> taithaut waiving or impa.iring any equity or right accruing to Seller by virtue of this
<br /> agreement, be u�ed for the pur��ose of reconetr�eting, repairing, replacing, improving or
<br /> adding to tne buildings or improvements now or herE�fter situate in or upon the pro�erty
<br /> or for any other purx,ose which Seller shall elect, or, at the option of Seller and T�rithout
<br /> notice, such moneys sa received by Seller rr�.y be credited and applied to such portion or
<br /> portions of the indeb'�edness owing to Se11er hereunder as seller may elect and in such
<br /> order and ma.nner as �eller may determine.
<br /> 7. Buyer shall not commit, permit or suPfer any �aaste of the property and shll keep
<br /> and maint�.in the same in good condition �nd repa.ir and shall promptly effeet or cause to
<br /> be effected, at his o?�m expense, such repairs and improvements of the property as �eller
<br /> may from time to tim�e requirP, Seller being hereby made the sole ,�udge of' the necessity
<br /> of the repairs and improvements so required. Buyer shall not permit any claims oP lien
<br /> to be filed a.gain�t the property or any liens to attach thereto by reason oP a.ny r�pairs
<br /> or improvements.
<br /> �. Upon full p��ymPnt by Buyer of the purchase price provided herein and on full per- �
<br /> forma.nce by Buyer of e�.ch �nd all of Buyer ' s obligations hereunder, the �e11er shall de-
<br /> liver to Buyer a �ood and sufficient warranty deed conveying said real property to the
<br /> rt or narties hereinafter named free Prom all encumbrances exce t eovenants condi-
<br /> P� Y , , � P ,
<br /> tions, restriction�, reservations, ea.sements, rights and rights oP way of record, and
<br /> except liens, cnarges and encumbrances made, crea'ted or suffered by Buyer or to be paid,
<br /> dischar�ed or assumed by Buyer hereunder.
<br /> The name, marit�l st�tus and address of each person to whom the property �h�ll by
<br /> saic� deed be convPyed �nd the tenancy, if any, to be specified in said deed, sha11 be ae
<br /> f ollows t
<br /> Rudolph Andersen and Evelyn And.ersen, hu5band and wife, as ,joint tenants and not as ,
<br /> tenants in cornrnon, or to their survivor.
<br /> 9. It is further agreed by and between the parties h�reto th�.� if the Huyer fails, a�e�
<br /> f uses or npglects to pay said purchase money and intPre�t thereon for a period of thirty
<br /> ( 30) days or . f�.ils or neglects to pa.y any t�xes or assessments before the s�me become de-
<br /> linauent, or f^.ils to keep the buildings on said premises insured as above provided for,
<br /> or fails to keep and perform any of the other terms and conditions of this agreemen� on
<br /> his �a.rt to be ke�t and performed, as herPin provided for, then the Seller at its option,
<br /> mny at once a.nd without notice, deelare the U�ho1e �.mount of the purchase �rice remaining
<br /> unpaid at once due �nd collectible.
<br /> 10. St is further understood and agreed by and between the parties hereto tha.t if the
<br /> Buyer fail� to �.�ay �ny of s�id monthly inst�llments, or any part thereof, for a period o�'
<br /> m:�irty (j0) days or fails to keep and perform any of the other terms and conditions of this
<br /> agreement on his part to be .kept and performed, as herein provided for time being of the
<br /> essence of this contract, then and in such ca.se the Seller. , at its option, may cancel this
<br /> contra.ct, and t�rithout notice, and in the event oP tr:e exercise of such option by the first
<br /> party, any payments made in accordance with this contract shall be considPred as ren� for
<br /> the use of saicl prpmi�es and sh�ll be so a.pplled 1by Seller.
<br /> 1Q-�. It is further understood and a greed that as a part of this contr�et, and as part
<br /> of the above consideration, �hP Hom� Owners' Lo�.n �orporation wi11 furnish sufficient
<br /> paint to paint the outside of the dwell.ing and gara�� two coats. Labor to be fur-nished by
<br /> the buyer, and the paint to not cost in excess of �35.Q0.
<br /> 11. It is furthe .r a.greed that failure to exercise said options, or any of them, by
<br /> Seller at any time sh�.11 not constitute a waiver with respect there�o, or with regpect to
<br /> any subsequent breach of the terms of th:�s contra.ct by said Buyer.
<br /> 12. BUyPr sha11 be entitled to the possession of s�.id premisea so long as he shall
<br /> comnly u.iith a.11 the #�erms of this agreement, but upon the Pailure to comply with the same,
<br /> the right of the Buyer to po�session is to immediately terminate a.nd Buyer shall without
<br /> dem�nd surrender possession of said premisea to the Se11er.
<br /> Z�. The barties hereunto respectively bind themselves, their heirs, assigns, succe�sors
<br /> anc� legal rep .reser�tatives to the faithful performance of the terms of this agreement.
<br /> rl'his contr�et snall not be assigned by the second party unless trle consent thereto of the
<br /> first party in writii7g sha.11 have been first obtained .
<br /> �,�.. Tf more than one ,join in the execution hereof as second party or any be of the
<br /> feminine sex, the pronouns and relative words herein used shall be read as if written in
<br /> plural or feminine respectively. .
<br /> IN WITNESS '�^JHEREOF, Home Owners ' Lo�n Corporation has caused tri�s contract to be .
<br /> � executed by itg pro�er oPficer and its corporate seal atta�hed and the second party hae
<br /> hereunto set his hand trie d�y �nd year first above written.
<br /> ( CORP) HOME 0'vJNERB' LOAN CORPORATION
<br /> Executed in Duplicate ( SEAL) By E.�.Truman,
<br /> in nr�sence of State 1Kanager, Nebraska State Office,
<br /> Louis W.Heyde First Party.
<br /> Wm.P.Mullen
<br /> R. �.V�'enger Rudolph Andersen
<br /> Evelyn Andersen
<br /> Second Party.
<br /> STATE OF NEBRASKA ) Cn this 20th day of July, 193�, before me, a Notary Public in �.nd
<br /> DO'JGLAS CO`JNTY � Ss� for s�id county, person�lly appeared E. W. Truman, the Stat� Manager
<br /> of Home Otaners � Loan Carporation,personally known to me to be the S�ate Manager of said
<br /> Corporation, and the identical person whose name is aff'ixed to tile above instrument and
<br /> a.cknowledged trie execution thereof to be h°is voluntary act and deed, and the voluntary
<br /> - act �nd deed of s��.id Home Owners ' Loan Corporation.
<br /> witness my h�nd and Notarial Seal the date aforesaid. H.E.Hart
<br /> � ��L) Notary Public
<br /> Commission expires Oct. �, 19Z{-2.
<br />
|