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<br /> �� ���9.��� l�l �� �.J � ��� ��� �.J I
<br /> 21917—The Auguatine Co., County 8upplies, Grand Island, Nebr.
<br /> CONTI�ACT FOR SALE OF BEAL ES'�ATE :�
<br /> THIS AGREEh�ENT made this 7th day of May, �943, bett•reen xarry Pulous, unmarried, hereafter
<br /> knot�vn as the seller, and Sherman Forsy'the, hereafter known �s the buyer, Witnesseth:
<br /> l.
<br /> That saicl seller is noca the owner of Lot Ei�ht (�) in Block Twenty-two t22) oP Nagy'a
<br /> Adc�ition to the City of Grand Island,Nebraska, according to the recorded plat thereof, and
<br /> for and in consideration of the I�rice hereinafter speciPied, and the covenants, promises
<br /> and a.greements on the part of the buyers herein contained and made, sub�ject to a nd upon
<br /> each and �11 of the terms, conditions and provisions oP the promisea, buyer agrees to buy
<br /> that nart of the above-described lot situate in the City of Grand Island, H�,11 County, Ne-
<br /> bra.ska_, herPafter referred to as the property, and more p�rticularly and specifically des-
<br /> cribed as the Southerly seve nty-two (72) Peet of Lot Eight ��) in Block T�aenty-two �22) of ;�,,
<br /> �a
<br /> �
<br /> Nagy s Addition to the City of Grand Island, Nebraska.
<br /> 2.
<br /> The seller hereb� specific�,Yly reserves an ea.sement over, aeross, through and under the
<br /> above-descrihed premises hereby bein� sold to saic� blzyer for the use of the northerly Sixty
<br /> (6�) feet of said Lot �, which � asement shall be a covenant running with said l�.nd, s��id
<br /> �a�ement being for the purpose of connecting the northerly 60 Peet of said Lot � tq the City
<br /> Taater m�in, sewer or gas mains running along said southerly 72 . feet of said Lot �, permit-
<br /> tin�; the o?�ner of the northerly 60 Peet of said Lot � to connect on to, with �nd use said
<br /> ma.in or mains in connection with tiie said northerly 60 feet of said Lot $, retaining for
<br /> himself and his assigns, the owners of s�.id northerly 60 feet of said Lot �, the right to
<br /> connect onto said ?�ater mains, g�s mains and sewPr by connPeting onto the lines now or here-
<br />- after constructed and l�.id in and u�on said southerly 72 feet o� said Lot �, or to connect
<br /> onto the mains running along tne front of the sa.id southerly 72 Peet of �said Lot �, in
<br /> either event, however, all at the exp�nsP of the owner of said northerly 60 feet of said
<br /> Lot �.
<br /> 3: .
<br /> Said seller, for himself, his heirs and assigns, as the owner of the northerly 60 feet
<br /> of said Lot �, hereby grants unto said buyer, his heirs �nd assign3, f'or the use and benefit
<br /> of ,the o��mer of the soutnerly 72 Peet of said Lot �, and which covenant shall run ?aith said
<br /> land, an e�,sement over, across, through and under the northerly 60 feet of said Lot � for
<br /> the purpose of connectin� the southe ^ly 72 feet of said Lot � to the City ti�rater main, sewer
<br /> or gas mains, running alon� sa.id n�rth�rly 60 f eet of said Lot �, permitting the ot�rner of
<br /> said southerly 72 feet of said Lot � to connect onto, taith and use said main or mains in
<br /> connection �uith the said southerly 72 feet of said Lot �, grantin� unto said buyer and his
<br /> assigns a.s tl�e owners of said southerly .72 feet of said Lot �, the ri�ht to connect onto
<br /> said water ma.ins, �as mains and s��er by connecting �nto the lines now or hereaPter constructed
<br /> anc� la,ic� in �nd upon said northerly 60 Peet of said Lot �, o� to connect onto the mains run-
<br /> nin� a.long the Pront or alley of the said northerly 60 feet of said Lot �, in either event,
<br /> however, all a.t the exppnse of the ownPr of said southerly 72 feet of said Lot �.
<br /> The exercise of said option on eithPr pa.rt, sh�.11 in no *.aise damage any improvements
<br /> which now �re or may herea�ter be erected on the premisPS hereby sub,je�ted to sa,id e�se-
<br /> ment s. . .
<br /> 4.
<br /> The t�t�l ?�urcha.se �:�rice at and �'or whtch tne seller agrees to sell and convey �,nd the
<br /> bl�yer a.grees to b;ay the saia southerly 72 feet of Lot Ei�ht (�) in Block Twenty-two (22) oP
<br /> Nagy's Addition to the City of Grand Tsland,,Nebrask�., 1s the sum of Eight� Hundred Dollars
<br /> P te st ula.t d a abl s w :
<br /> �0�. 00 with interest as her _inaf r i e p y e a �oilo s �$�+00.00 cash re-
<br /> �� � , 1? , ,
<br /> T �,rh rPof is hereb acknowled ed b seller from bu er and the remainin �00.�0 to be
<br /> cei �t e � �
<br /> i Y g Y Y , �
<br /> paid �.t the rate of �10.00 �er month, tne first payment to be m�.de on �he lst day of June,
<br /> Zg43, a.nd subsequent pa�rments to be made on the lst day of each mo nth thereafter until the
<br /> remaininG �?�00.00 principal, �aith int�rest, has been paid in full; that the said ��00.00
<br /> shall dr�.w interegt at tne rate of 6� �er annum Prom da.te hereof until paid, interest `to b e
<br />', com��uted every six months, and both �f sa.id parties hereby make The Equ3table Huilding
<br /> i and Loa.n Associ�tion of Grar�c7. Island, Nebraska, the agent for each with reference to the
<br /> j cs6mputation of said interest; it being furt���er distinctly understood bet�aeen the parties
<br />� hereto t�iat the unpa.id balance sh�,ll dr�w ,interest .at the rate of 6� p�ez���annum.
<br /> 5•
<br /> The parties further agree that the �10.00 monthly payments shall be p�.id at the office
<br /> oP The Equit�.b.le Builc?in; and Loan Association of Grand Island,Nebraska, and said Associa-
<br /> tion is hereby a�.zthori7ed to apr�ly so much of said �10.00 payment each month on interest as
<br /> .
<br /> above provided in order to pay said interest to date, and the balance of each of said mont$�:y
<br /> payments shall be applied to reduce the unp6ld prineipal sum.
<br /> .
<br /> Buyer agrees to pa.y all State, County �,nd City taxes and as�essments, levied and assessed
<br /> against said premiaes for the yeax �9�+3 and all subsequent years before the same or any of
<br /> tnem become delino�uent; seller agrees to pay the 1942 real es�ate t�,xes and any and all
<br /> liens wnich may no�a app� of record against said premises.
<br /> 7•
<br /> Buyer agrees t�?�t he ?��ill keep said ��remises insured ag�fnst fire, wind., tornado and
<br /> hail, in an amount at least equal to the principal suro unpaid seller, which insurance
<br /> policy or t�olicies shall be mac�e pt�yable to buyer a.nd seller as their 3nterest m�y apvear,
<br /> and which sha.11 Y�e kept by s�id The Equitable Building and Loan Association of Grand Island,
<br /> Nebr��.ska., until �Ghis contract has been fully complied �aith; it is further mutually agreed
<br /> between the parties hereto, that in the event said buyer for any rea�son, should Pail to
<br /> carry sa.1d insurance, seller ig her�by authorized to pnrchase sufficient insurance to com�ly
<br /> here��*ith and buyer agrees to pay seller for the same with interest at tY�e rate of 7� per
<br /> annum for such a.dvanced insurance premium or �remiume, which advancement, caith interest,
<br /> shall constitute a lien against saic� premises in favor of seller:
<br /> �.
<br /> Buyer s��ll not commit, ��ermit or suffer any waste to the pror�erty and shall keep and
<br /> m�intain tne same in �ood condition of repair, and shall prom�tly ePfect or cause to be
<br /> effected, a.t his o*an expense such repairs or improvements to tne pro�erty as seller may
<br /> Prom time to time reouire. Buyer shall not permit any cl�.ims or liens to be filed against
<br /> said ��roi�erty or. ' to be at�ached thereto by reason of any repair� or improvements ma.de by
<br /> him or his agents.
<br /> � . .
<br /> Not�T if sai� buyer sh�.11 Uay the aums as above set forth, time bein� tne essence of :�his
<br /> contr�ct, and. sha11 comply ?�lith all of the covenants and agreements her� in contained and
<br /> required of �i`im, then selle.r shal.l, at his o�an costs, exPcute and deliver to buyer or his
<br /> as,igns, upon surrender of this contract, a �ood and sufficient warranty deed to the above-
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