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<br />(made
<br />230— A4reemetlt for W.arran3y Deed> The Huffman G¢ nersl Supply House, L'ineoln; N '
<br />THIS AGREEMENT, made this 10th day of Aril 119 59 between 1
<br />Clinton Van Tinkle and Pearl Van Winkle p
<br />:each in his or her owdl right and
<br />as spouse of the other hereinafter referred
<br />as the seller(s) and Otto G. Ctc,sborn -
<br />hereinafter referred to as the buyer(s). 3`
<br />WITNESSETH, that the seller(s) hereby covenant(s) and agree(s) that if the buyer(s) shall first make the,!¢ay- y
<br />ment(s) and perform the covenants hereinafter mentioned on his, her or their part to be 'made and performed, the said
<br />seller(s) agree(s) to furnish buyer(s) a good and sufficient abstract of title showing a merchantable title of recor d to
<br />the premises hereinafter described in the seller(s), and will convey and assure to the buyer(s), in fee simple, clear of all
<br />encumbrances except as stated herein, by good and sufficient Warranty Deed, the following lot, piece and parcel 0,
<br />ground, to wit.-The south twenty three (23) feet of the west one hundred (100)
<br />feet of lot five (5), in block six (6), in the Original Town of Cairo,
<br />in Hall County, Nebraska, including all contents now located in or,own
<br />the premises captioned.
<br />And the said buyer(s) covenant(s) and agree(s) to pay to said seller(s), the sum of
<br />Six thousand and no /100 - - - DOLLARS,
<br />in the manner following: Five hundred and no /100 - - - - - - - - - - - - - - _ -
<br />Dollars, cash in hand paid, the receipt whereof is hereby acknowledged, and the balance payable:
<br />Five hundred Dollars when the contents above referred to have been disposed
<br />The remaining balance of $50000.00 to be paid as follows:
<br />$100.00 on May 1, 1959 and $100.00 on the first day of each successive month
<br />until paid in full with interest on the unpaid balance thereof at the rate
<br />of 5% per annum, payable semi - annually on November 1st and May lst of each
<br />year. All payments to be payable at The State Bank of Cairo, Cairo, Nebrask
<br />Permission is granted to pay the full amount unpaid at any time, or any
<br />portion thereof.
<br />The sellers have this day executed a warranty deed conveying the premises to
<br />the seller, which deed shall be left in escrow herewith with the State Bank
<br />Cairo, Cairo, Nebraska and the said bank is hereby authorized to deliver the
<br />said deed to the said purchaser upon completion of this contract.
<br />The sellers agree to pay all taxes prior to and including the year 1958.
<br />with interest at the rate of per cent per annum, payable on the whole sum remain-
<br />ing from time to time unpaid, and to pay all general taxes, that may be legally levied or imposed upon said land, sub-
<br />sequent to the year 1958 and all installments of special assessments or special taxes becoming due or delinquent
<br />after and keep the buildings in a reasonable state of repair and insured
<br />for $ 5, 000.00 If there is a mortgage on said property,, pay interest and taxes thereon up to — — _ — —
<br />It is mutually agreed that time is an essential element in this contract. And it is further
<br />agreed that in case of any payment, either of principal or interest, remaining unpaid for a space of Sixty days
<br />after the same shall become due, and in case of failure of the said buyer(s) to make; any of the aforesaid payments
<br />provided for herein or the breach of any other covenant. contained herein, this contract shall at the option of the seller(s),
<br />be forfeited and determined and the buyer(s) shall forfeit all payments made hereunder, and such payments shall be
<br />retained by the seller(s) as liquidated damages in full satisfaction of all the damages sustained, and seller(s) shall have
<br />the right to re -enter and take possession of said premises aforesaid.
<br />That this agreement shall not be assigned by buyer(s) without the written consent of the seller(s).
<br />It is mutually agreed that all the covenants and agreements herein contained shall extend to and be obligatory
<br />upon the heirs, executors, administrators and assigns of the respective parties.
<br />IN WITNESS WHEREOF, the parties of these presents have hereunto set their hands nd seals the day and year
<br />first above written.
<br />Signed, sealed and delivered in -the presence of -___ _ -
<br />1- ..... Q�'c ..__I/i! L. S.)
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