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The purchasers further covenant and agree: to annually pay all taxes and assessments that may accrue or be levied on <br />such real property, and all other taxes and levies and assessments levied upon this contract or the interest of the vendors <br />therein, as they become due and before they become delinquent including 19—U— real property taxes; to keep the buildings <br />on such real property insured against loss by fire and extended coverage for the sum of $ 2800,00 ' , loss, if any, pay- <br />able to the parties hereto as their interest may appear; that if the purchasers shall fail to pay such taxes or assessments or <br />procure such insurance, the vendors may pay such taxes or assessments or procure such insurance and the sum or sums so <br />advanced, with interest at eft per cent 0%) per annum shall be paid to vendors and this contract shall secure the pay- <br />ment of the same. S ix <br />It is further agreed and covenanted by the purchasers with the vendors that: Time is the essence of this contract; if <br />purchasers shall neglect or fail to pay any of the said monthly installments, or any part thereof, or taxes, assessments, or <br />insurance premiums, when due, or fail to keep and perform any of the other terms and conditions of this agreement on pur- <br />chasers' part to be kept and performed, as herein provided, time being the essence of this contract, then and in such case, <br />the vendors, at the vendors' option may cancel this contract and without notice, and in the event of the exercise of this option <br />by vendors and payments made in accordance with this contract shall be forfeited by purchasers and retained by the ven- <br />dors as the reasonable compensation to the vendors for the failure of the contract and the use by purchasers of such real <br />property. <br />It is further agreed that 'in case purchasers default in payment of any installment payment of taxes or assessments or to <br />provide fire and tornado and extended coverage insurance or fail to perform any of the covenants of this, contract,- vendors <br />may at vendors' option declare the entire amount or amounts due and payable forthwith and recover same from purchas- <br />ers) through and by any and- all remedies which vendors may have at law or in equity. <br />It is further agreed that the rights and remedies of vendors under the contract shall be cumulative and no right or <br />remedy hereunder shall be exclusive of any other right or remedy as provided for in this contract, or otherwise provided by <br />law. <br />I, Grace B. Ballard as the married woman, purchaser herein, do hereby state and represent <br />to the vendors and I understand that this agreement is entered into by me upon the faith and credit of my separate prop- <br />erty and estate with the intention to charge my separate property and estate and all future property and estate for the pay- <br />ment thereof. <br />IN TESTIMONY WHEREOF, the parties have hereunto subscribed their names this 15th day of <br />-- <br />January , I9_5Z. <br />Purchaser (s) <br />STATE OF NEBRASKA <br />COUNTY OF hall ss. <br />On this 15th day of January , A.D., 19 57 , before me the undersigned, <br />F. Vivian? Roark a notary public, duly commissioned and qualified for and residing in said county, personally <br />came Ralph Henry Bady and Frieda Hady to me known to be the identical person(s) whose name(s) af- <br />fixed to the foregoing instrument as vendor(s) and acknowledge the same to be t•},. j r voluntary act and deed. <br />Witness my hand and notarial seal the day and year last above written. <br />NOTARY PUB IN <br />ccmi <br />,"„,Y.j_March 17. 1957. <br />For value received, We, and each of us, Virgil L. Ballard <br />and Grace E. Ballard, each in his and her own ri,,;ht and as <br />,= of etch other, hereby assign, <br />Hancock and Margaret Hancock, <br />and interest in and to the within agreement. <br />Dated this _9 d_av of June. 1957 - <br />A,f <br />br< ka <br />�ua. <br />,r Ce..^4.•� <br />t is (day <br />�ar,oki. and oualified <br />�uw <br />and <br />spouse <br />transfer, and deliver to Wiliam C. <br />h4sband and wife, all of our right, title, <br />of June, 1957, before me, the une_ersigned a Notary public, duly <br />for it .aid county, personally carte, Virgil L. Ballard and Grace E. <br />�,yr�4Re�«eh'in his and her own right and as <br />d ;- ersons whose names are affixed to <br />ExecStttion to be their volu�n ar. act and mod. <br />spouse of e -_ch other, to me 'mown to be the <br />the foregoing instrument and aclnotitlredged tM <br />� <br />tness my hand an;. seal. the day and year <br />Notary r,ubl ic. 17y Co; �,A. exr,ires_, �g4 <br />