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<br /> 21917—The AuBusUne Co., County Supplfes, Grand Island, Nebr. . !
<br /> AGREF.�IENT �
<br /> THIS AGREEMENT, entered into this 11th day of February, 193�, by and between Catherine
<br /> Wiese, J.L. Cleary and C.E.Grundy, Executors of the Estate of Rachel �.�eCann, deceased, and
<br /> Thomas O�Hara, parties of the first part, h�reinafter known as grantors, and Matilda M.
<br /> Strasser, party of the second part, hereinafter known as Trustee,
<br /> WITNESSET�i: That, whereas, on May 20, �926, Dell �hompson and Hattie'"�hompson, husband �
<br /> and wife, did execute a mortgage for $�10, 000. on the followi.ng described pro�erty: -
<br /> _ s
<br /> The South half oP the Northwest quarter �nd the North half o� the Southwest Quarter o�
<br /> ` Section Eleven (11) , Townahip '��relve (12) , North, R��nge E7,even �11) �est, and the Northeast
<br /> y�r
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<br /> Quarter of Section Ten t10) , Township Twelve (12) - North Range Twelve West �(12), said mort-
<br /> irst mort a e and fil.ed in Book Pa e � in the records of Hall count .
<br /> e be�n � 57, � 59 , y,
<br /> gag g g � _ . _
<br /> Rebraska, and said mortgage maturing May 20, 1931, and
<br /> W'HEREAS, the ownsrs of the above described land did, . on February 5th, 1930, deed- said
<br /> land to Hattie F.'�hompson and � � , "
<br /> _ .
<br /> WHEREAS, Hattie F. Thompson, did, on or about 1932, execute an extension agreement on
<br /> mort a e with the assi neee of said mort a e at which time eaid Hattie F. �hom son
<br /> said g g � , P
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<br /> did deed said la r�d. to s.P..Benton, Trustee, and . ,
<br /> • WHEREAS, the notea securing said mortgage, in the amounts of four note's of �2500. : ea�eh,
<br /> have been assigned, without recourse to the above grantors in the following respeetive
<br /> amo�znts; �5000. to Catherine Wiese, �2500. to �a.chel ��eCann and �2500. to �homas O�Hara,
<br /> said notes being e�ch equitablr secured by said mortgage and of equa7. right and priority,
<br /> and .
<br /> WHEREAS, �.R.Benton, Trustee, present owner of the above described property, sub',�eFt
<br /> to the above mentioned mortgage, desires to deed said property to tne owners of the notes
<br /> and in consideration thereof to rele�.se the liability of said mortgage. �he above �lentioned
<br /> grantors agree among themselves and with the Trustee hereof, that they wi11 aecept said
<br /> land by virtue of acceptance of a warranty deed from the said 3.R. Benton, Trustee, to
<br /> Ma.tilda M. Strasser, Trustee for the benePits of the above mentioned grantors in the pro-
<br /> portions as their respective interests in the mortgage shall bear; that ?�s, the said
<br /> Trustee hereoP shall hold the above mentioned land for the benefits of Catherine W��ese,
<br /> one-half, the Raehel MeCann Estate, one-fourth, and �homas 0'Hara, one-fourth, and that
<br /> each benePiciary o�' this agreement in quintupllcate shall receive a copy of the same,
<br /> which sha.11 be considered a beneficial certificate Prom the Trustee for their respec�ive
<br /> interests in said land; that is, one-half to Catherine Wiese, one-Pourth to the Rachel
<br /> McCann Estate, and one-faurth to '�homas O�Hara.
<br /> FURTH�R MORE, it is hereby agreed by alI parties hereto that said l�atilda �trasser,
<br /> as '�rustee, shall handle said land for the benefit of the said benePiciaries leaeing same,
<br /> and that the said rents or income Prom said land sh�.11 revert to the said beneficiaries as
<br /> to tY�eir beneficial interest in same aPter dedueting expenses, taxes, ete. , with a
<br /> reasonable fee to be allowed to the �'rustee, as agreed upon by said beneficiaries. It being
<br /> further a�reed that in case the Trustee desires 'to seZl said land, receiving a reasonable
<br /> offer theref'ore, the same ahall only be sold upon the unanimous agreement of all benefi-
<br /> ciaries hereof, the ne� proceeds from the sale of said land being distributed to the bene-
<br /> ficiaries hereoP according to their beneficial interests as above outlined.
<br /> SIGNED and sealed by all parties hereto on thia llth day of February, 1933•
<br /> Catherine wieae
<br /> Thos.J.0!Ha,ra
<br /> � J.L. Cleaxy
<br /> C.E.Grund
<br /> xecutors oP th� Estate oP
<br /> Rachel E.MeCann, Deceased.
<br /> GRANTORS,
<br /> Matilda M. �trasser,
<br /> TRUSTEE.
<br /> sT�TE OF NEBRASKA ) On this 16 day of June, 1933, appeared bef'ore me, a Nota.ry Public
<br /> COUNTY OF HALL )88' the above grantora and the abov� Trustee, to me personally knowr� 'u°
<br /> be the identicai pe-rsons who executed the foregoing agreement in my �res�nce, and they
<br /> each ackno�ledged the execution thereoP to be their voluritary act �,nd deed.
<br /> WITNESS my hand and notarial �eal the day and date last above written.
<br /> F.J. Cleary
<br /> t ��) NOTARY PiJBLi C
<br /> Commi$sion expires Oct.21, 19 33•
<br /> Filed for record this 20th day of February, �g�3, at 11:00 0� clock A.M.���:����
<br /> eg s er of beeds
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