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<br /> I�IISCELLANEOUS RECORD W
<br /> 99289�THEAU6USTINEC0.6RANDISLAND.NEBR. "� � � " I
<br /> EXCHANGE CONTRACT �"
<br /> THIS CONTRACT, made and entered into this 23rd day of February, 1952, by and tietween George F. 9chaf�r� '
<br /> and Ella Scha.fer � of the County of Hall, and State of Nebraska, party of the �ir�t 'gart;,and Irene A. Worshe�
<br /> of the Countp of Hall and State of Nebraska, party of the second part,
<br /> WTTNESSETH, That the said party of the first part agrees to sell and convey to the party of the second
<br /> part, the follawing described property, to-wit: The Westerly Sixty (60) Feet of Fractiona.l Lot Four (4) in �
<br /> Block One (1) of Arnold ��+Abbottts Addition to the City of Grand Island, Nebraska, and its Complement: The
<br /> Westerlp Siactp (60) Feet of Fractional Lot Four (4) Block 'I�,renty (20) af Rollinst Addition to the City of
<br /> Grand Island, Nebraska.
<br /> To include all beds, furniture, linens, kitchen equipment of all kinds in the home except six sets of person�l
<br /> bed linens, six pillows, six blankets, six quilts, Coronado Radio, two clocks, siac kitchen kettles and six
<br /> plans.
<br /> The said above described property to be valued at $12,000.00 and to be free and clear of al 1 encumbranc�s,
<br /> except as hereinafter stated
<br /> Party of first part to paq 1951 real estate taxes and all assess�nents against this propertp that are a
<br /> lien on March 15, 1952.
<br /> The said party of the second part hereby agrees to give in payment for the above described propertp $S,m00.00
<br /> in eash and the propertg hereinafter described as follows, to-wit: (Five Thousand and no/100 Dollars)
<br /> Lots four (4) and Five (5) in Block Thirtp (30) Packer and Barrfs Second Addition to the City of
<br /> Grand Island, Nebraska. (Known as 224 North Ruby Str�et. To inclnde the gas circulating hea�er
<br /> in the kitchen, all linoleum and congolevm floor coverings.
<br /> Par:�y of second part to pay 1951 real estate taxes and all assessments a�ainst this property that are '
<br /> a lien on March 15, 1952.
<br /> The said above described property to be valued at $?Q00.00 and to be free and clear of a11 encumbrances�
<br /> except as hereinafter set forth no exceptions
<br /> It is understood and agreed tha.t party of second part is to make application through any lending agen�y
<br /> for a loan of $5000 on the Schafer property described above and party of first part agreesto carry in the fo�m
<br /> of a deferred stock certificar,e in a Building and Loan Association, the differenc� between _the amount the
<br /> Loan Association will grant �i� : pa rtp of second part on a cash loan and the $5000.
<br /> Each party agrees to furnish to the other party on the execution and delivery of the warrantp deeds
<br /> herein provided, in case said propier�ty is real estate, an abstract of the property conveqed by them showing
<br /> a good and sufficient title to the s�id real estate to the date of this contract, and in case said property is
<br /> personal property, to furnish a �ood and sufficient bill of sale thereto. And it is further agreed that in
<br /> ease either of the parties hereto shall fail to ptrform the stipulations of this contract or anq part of the !same,
<br /> the failing partp sitall pay the other party to this contract the sum of One Thousand and no/100 DOLLARS as
<br /> damases for non-fulfillment of contract. We each have inspected each otiherts property and are dealing solel�
<br /> on our uwn judgment and not upon any representations that have been rnade to us, and have carefully read this
<br /> contra�t before signing. This deal to be finally consummated on or before March 15, 1952.
<br /> Witness our hands this 23rd day of Februarp, 1952.
<br /> Geo. F. Schaftr°�
<br /> Ella Schaf�r•�
<br /> Mrs. Irene A. Worshen R. N.
<br /> STATE OF Nebraska )
<br /> ) ss. On this 23rd day of February, A. D. 1952, before me, the undersigned B. F.
<br /> Hall County ) Douthit a Notary Public, duly c�nissioned and qualified for and residit�g in
<br /> said County, personally came Irene A. Worshen to me knor�n to be the identical '
<br /> person whose name is affixed to the foregoing instrument and ackna�►Iedged the same to be her voluntarp act
<br /> and deed.
<br /> Witness mp hand and Notarial Seal the day ard year last above written.
<br /> B. F. Douth it
<br /> My co�nission expires the 30th day of Oc�ober, 1952, (SEAL) Notary Public
<br /> STATE OF Nebraska )
<br /> ) ss. On this 23rd day of February, A. D., 1952, before �ne, the �lersigned
<br /> Hall Covnty ) L. C. Lacey a Notary Public, duly commissioned and qualified for and residing;'
<br /> ' in said countp, personally came George F. Schafer and Ella Schaf�r to me known
<br /> to be the identical persons who$e names are affixed to the f oregoing instrument and ackno�+l��dged the same to
<br /> be their voluntary act and deed.
<br /> Witness mq hand and Not�arial Seal the dap and year last above written.
<br /> My Commission expires the 5th day of October, 195?. (SEAL) L. �. Lace , Notarp Public
<br /> Filed for record this 4 day of March 1952, at 1:30 o�clock P. M.
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<br /> Reg�.ster of Deeds
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