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��7 , l�'JL� �� 1L,o�� 1� JLe� �.J � � Jl.e� �1J�� ./ 21917—The Augustine Co., County Supplies, Grand Island, Nebr. � � in Book �0, on pa�e 2I1 oP deed rscords oP H�,lI Courity,Nabraska, I knoev oY my own knowaledge �hat the O.O.Groves �'irst above named and tt�P Oddie O.�roves l�,st �laove na�ed,were one and t he same person. V7il.lie C.Den�an Subscribed in my presence and sworn '�o before me on this �th day of February,�.�3�5. ( SF�kL) Bernice E.Niatthews Commission expires Feb.2,1g50 Notary Put�Z�.c Filed for record tElis 7 day o� 1��ay,1g�5,at 2 0 'elock P.�,:. , ��j � � (`,�.�� �J� . Regis�er oP D�e s , --O-O-0-�-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-�-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-�-0-0�0-0- � LEASE WITH ''OPTION TO PURCHASE , THI� I�drEP'�TJ�'�,� ma�e this 27th day of Janu�.ry, 19�-4, by and between Pl�ins Construction Co. v�i�3 �.� the p�rty of the first p�rt and Glen Wm.Almquist and Velma Irene Almquist, his wife, r esic�in� at Gr�nd Isla.nc�,Nebr. herein designated as �he second parties. Tr�ITNE�SE'�H: i h �rt of the firs� x��rt by these presents, and in the consider�tion of the TH T t e G. 1 � A � y sum of �300. TY�see Hundred & no�100 Dollaxs, , paid by the parties of' �Ghe second part on the sz�nin;: of this contra.ct, c�oes a,gree to �r�.�:t, lease and convey to the parties of the secon� nart the folloVairi� described �remises; Lot �our (�) B1.ock Or�e (1) , BC,rtling� s Sub-Division to the City of Gr�.nd Island, Hall County, Nebr�sk�.. to�ether c��ith all bui ldin�s anu �ppurten�Lnces thereto, sub�ect to the f'o1lot�in� cvndi�Gions: THAT for and in consieeration of thP �.bove �3ao. Three Hundred Dollars, the p�.rty of the first part doPS �3ve to the p�rties of the seconc� part an option to purehase the �bove referred to premises, sub,j e�t, however, that �he p�,rties of the second part deposit with the party of' �the first p�.rt, , or their �,�ents, tl�s sum of ��7.00 - Forty-seven Do3laxs, on the First day af each month 3/1��, anc�. continuing on the First day of m�nth, until 30 Thfrty paymenta of For'Gy-seven & no�100 - --, ea.ch h��ve been made, �t which time sa.id 1ea�e shall �ermin�.te �n� oome to an end. It is furthea� a�reed trlat should the p�.rt�.es of the second part desire to purehase theae premises, th�t �Ghe;� may do sa at any time durin�; the continuance of this lea�e by paying to tne party of t'r�e first part the sum of �4950. Forty- Nine HunG:red Fifty Dollars, and that all money pad��. hereon and herein referred �o sh�ll a��aly �nd be cre�i'ted to �he purchase price, sub,ject however, trl�t the parties of the second part si�l�11 pay to the p�r�y of the fi�st part 6°o interest on the purchase price from the comnencement of this 1eas� to sueh time th�t the le�se may be terrninated or th�,t they exercise their option to purchase; and that the option to purchase shall. cease and come to �.n end �rith �er�in��tion of this le�se. Furthermore, should the p��rties of the second p�,rt desire to exercise their aption �o purchase they may do so by paying to the p�rty of the first ��2�rt the d3fferenee between the purchase price and the unpaid b�.lance of FHA insured lo�n, �o�;ether with �he earned interest as stipula.ted herein, and the necessary closing ch�rges of obta3n3n; an�. s ecuring �he loan referred to herein. IN the event of the �'ailure of the second p�.rties to avail themselvea of the option herein cre�.t�d or in the furthPr event of their f�ilure to comply �<�?i�h all the other covenants a,n� a�reements herein cont�ined, such money as m�.y be paid., as referrec� to in either par�,�;raph t��ro (2) or three f 3�, of this a�reement, snall inure in f�:vor of the f'�r�� par�y in full compensa.tion for the occupanc�' there'�ofore of the demised premises and for the sPr�vices rendered by the first p�xty. t is also agreed that if �.ny de�ault be made in a.ny of the covenants herein contained, or if any rent snall be due anc unpai�., t�^len it shall be l�,iaful f or the ��.rty of the first p�,rt to re-enter said prem�.ses �.nd to remove I �11 p•ersons therefrom, to�ether t�ith �,ny personal proper�y that may belong to the second pa..xties. i TH�T the seconc� p�,rties do further agree not to assign this lease or ma�e any altera- tion� thereon, T�rithout the written consent of the sa3��? ,first party, under the penalty of � forfeiture and d�.ma�e. And that on the exniration of said term the said par�ies will quit �nd surrender the premises herein dPmised in �,s �ood a state and conditian as reasonable use �.nd �re�r 'ther�of will per.mit, �.nd that any �.ltprations, a,dditions, repairs or elements ad�ed. thereto, sh�.11 rem�in �, part of th�se premises, and it is further agreed that the first p�.rty does covenant th��,t s�,id second. p�rties on paying monthly rent and performin� �he coven�nts a�'oresaid, sh�.11 and ma� peaceably and quietly h�ve, hold and en,joy said demis�c� �?remises. The secon� ��.rties a�;�ee to m�ke �,11 necess�,ry rep�irs and improvements to saic�_ ��remisPS, both to the interior and exterior thereof at their own cost and expense, and c?o f�artfl�r a�rae th�� no repairs or im�rovements sh�,ll become a lien on these prem,ises, or in either event, without the written consen� of the first party. THAT the parties of t�ie second part hereb3� release and relinqulsh �ny rights that they � may �ave under the �oldiers and sa3.lors Civil Relief Act of 19�0 (amended O�tober 6, 19�2) ; and do agr. ee this transaction sh�.11 in no t�ray be effeeted by said act. THAT should t�e n�.rties o� the second part, with the wri'Gten consent of tne party of '. �he first p�.rt s�,�b�et t2�es� premises, th�.t any time that said first part3r desires to do so, the s�.id second p�.rties d.o hereby assign and set over to and �ive the firs� parties the r��ht and �rivile�es of co7.lectin� any sum o#' money tha.t m�,y be paid by some third party to the seconc� �arty rePerred to, and apply to the credit of the said second p�,rty, in accordance with the terme of this agreement. THAT tl�e �aid second p�,rties do furthe�r �.gree to pay any and all assessments, r eal estate taxes, �.nd things of every nature, t��t may be created by any governmental or civ�.c agency a_n�. c�oes further a ree to purchase insur�nce policy for__the benefit of �he firat party for an amount of ��00. or rmre, eovering Fire, Torn�de and xail Protection. I� is expressiyely unc�erstood and agreed th�'G in case t�at the demised premises shall be desertec� or v�,cated, or if de�ault be made in payment of rent, or any part thereof, as herein spec- ified, ar if' v�sithout the consent of the landlord the tenant sha11 sel1, assign or m�rt- �age this lease, or default be made in perforrn�.nce of the covenants, agreements, in this lease, cont�,inecl on the party of the tenant to be kept and perPormed, in which the tenant sh�,ll fail, �:�ter due notice and after reasonable length of time to camply taith the st�.tutes, ordnances, ridlea, orders and regul�.tions and reauirements of the Federal 5tate and Civ3c Government, ar any of their dep�rtments or bureaus, ap��lyable to said premises, '..ar i,f the tPn�.nt shall file a petition in bankruptcy or ad,jud3.cated a bankrupt or make �.n assi�;nment for the benefi� of ereditors or t�,ke �,ny ad�antage of a,ny insolvency act, the landlord may, if he so likes, any tirne thereafter terminate this lease and the terms thereoP, on �iving the t�nant five (�j) da;�s notice in writin; of his intentions to �o so, and this lease �n tize term tt�e�eof shrll expire and come t� �.n end on the date fixed in such notice, �nd