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0•?/ <br /> - 2 - <br /> • <br /> parties that in the event of death of first party the balance of the payments <br /> due under this contract shall be made to Michael John Whetstone, or his <br /> legal guardian, and upon completion of such payments the second parties <br /> shall have possession of the deed and the abstract. <br /> (5) In event of default of the payments herein set out, for a period <br /> of sixty (60) days or two payments, the first party or her successor in <br /> interest, Michael John Whetstone shall have the right to possession of the <br /> premises, and payments herein made shall be considered rental for the <br /> period during which such payments were made. <br /> (6) When one-half (Z) the principal due under this Contract has been <br /> paid, the second parties have the option to request the deed from first <br /> party and secure the balance by a mortgage on the premises provided the <br /> same are free and clear of encumbrance. <br /> IN WITNESS WHEREOF the parties hereto have set their hands this <br /> day of July, 1955. <br /> First Party <br /> `J <br /> (` I <br /> z <br /> econd Parties <br /> STATE OF NEBRASKA) <br /> s. <br /> HALL COUNTY <br /> On this day of July, 1955, personally appeared before the under- <br /> ig,.6ed Notary Public, Catherine Whetstone, and Neil E. Whetstone and Evelyn M. <br /> Whetstone, husband and wife, each in his and her own right, who acknowledged <br /> they executed the above and foregoing contract, that they did so of their own <br /> free will and accord, and for the purposes therein set forth. <br /> My commission expires <br /> Notary Public <br /> Filed for record October 8, 1955, at 10:15 A. M. � ; Register of Deeds <br /> Hall Co., Nebr. <br /> by, s -:: = >. ,' ff Deputy <br />