004-387 - Laserfiche WebLink

Browse

:,A09MVNT"Nith Deed in Nsorow .TO IMOM IT MY CGNCERN t This instrument is �o witness. that Goldie V. Gallup, formerUr Gcldie V. Dierberger, and George G. Gallup, husband and wife, has this day sold to herald W. Gewooke WA DQuo L. G4ftmoks, Lot $9 in Geer Sub Division of Lots 6, 7 kad 8 of Garret-its Sub Division of Port of the BJ of Sec. 9, • 1.1 N., Rge+ 9 west of the 6th. P. M, to the City of Grand Island, Hall ounty, Nebraskan for the sum Of $6,600.00 and made and executed a Warranty Deed which accompanies this instrumaent. That said purchase price shall be paid as follows, to -wits $$00.00 of this date panty and $108»56 on or before March 7, 1957) $108#56 an April 7i 19571 $108956 on V*y 7, 19671 $106.66 an Jung 7, 1967 and $58«50 July7, 1957 and a gibs amount each 7th of every month thereafter to and including February 7, 1969. Said payments include interest computed at the rate of 6% an the unpaid balanoe. Payments to be made at the Jdfn Dee Company office, Grand Island, Rebraskao prepayment privileges $100.00 or any multiple thereof an ox+y interest paying date, but such prepayments will not relieve purchaser from continuing consecutive payments in amounts as herein. prcz-14od. The said Goldio V. Gallup and George S. Gallup shall furnish on abstract showing good and morohantible title to said land, to be approved by the purchasers, Attorney, which shall a000mpssry the said dead* it is agreed that the purchaser shall keep than property insured in the sum of $6,900.00 and the policy assigned to the seller. Loss, if arty, during the pendency of this contracts to be applied on contract or for repairs or rebuilding the building Insured* The Deed herewith shall be delivered to Said Gerald W. Gesock�e and Donna L. Geweeks upon their making full payment of puroHase price as hereinbefore set forth* purchaser at his option may elect to take deed upon payment of fifty per cent (50 %) of the purchase price and all accrued interest, and surrender of this contract. At such time, the purchaser will execute to the Seller a note for the balance of the purchase price and a mortgage to secure the eame, both to be in form and substranoo satisfactory to the Seller. The purchaser will pay all recording and abstracting expense necessary to show the mortgage a first and valid lien. In case the said Gerald We Gemoks and Donna L. Goveeks, for r- 1,erlod of 30 days to valm any principal and interest payment, due or to mare final payment of said purchase prioe; on demand said deed shall be delivered to said Gcldie V. Gallup and George S. Gallup, by the holder of said deed and this agreement sad all payments shall be forfeited to the seller as full liquidated damages* possession to be -'ven grantee February 5, 1957. The taxes shall be paid to and including February 6, 1957 by Goldie V, Gallup and George S. Gallup. This aveement and deed a000mnanying the same shall be held by the Johno -Dee Company of Or" island, Nebraska subject to the above terms and eauditions. And it is further mutually agreed that all covenants and agreements herein contained shall extend to and bind the respective heirs, executors, administrators and assigns of said parties. Witness our hands and seal this 59th day of &nuary, 1957.