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a <br />It is further agreed by the Purchasers wi t the Vendors <br />that tim,c is she eseence of this agreement and, in case' <br />Purchasers fail, neglect or reuse to make payments of prin - <br />cipal arid, or of interest. -or taxes or assessments when due, <br />or fa 1 to 'keep and perform any of the other terms ana con - <br />t, <br />iti ;.is agreement on tie Purchasers part to be kept <br />dons 'o t <br />as l :ere�n provldec,, cirse be ng the essence o'f the s contract <br />E <br />on, and in such case, Vendors, at tho Venders opt' upon <br />SwF . <br />._ 1 <br />ie e tf�lyd%lo,n o i :e glace ,eIIo. he :e_ n, a n a rr_�.. �_ er <br />no I C c, ar^�y ciec i G�_e .c balance c-l_ the purctiuse or:-CO uUe una <br />y <br />p a y a b _1 e : aria. sr ail t eI—eupsi: be o'.t _ cicc. -tc e„erc :_se all aIZa <br />s <br />Wr ec y ur;u re aeuies at luv,, cr_ in equ_t�,r except i <br />x. <br />remcJy o- fo?-'eclosure, :2ov_6ed, and it :s 1,._aL <br />s' <br />Lilo _ _ghts and remed es o- Vendors under the. contract, S lall.. <br />,r <br />;ter <br />be cumulat�_ve and not array rigrit c_ rerzecy s :ail be exciusve <br />ob any other lgi�t or rerieciy. <br />3 <br />� <br />F i ' --� reed that 'urchascrs have accepted Vendors, <br />1t 15 1 ur t,iiC.i. ug <br />title as shown by YJstract o- .1 itle cons _sting , of Th! rt�l -i'our <br />.tries. as last ce=til :_eQ to date o November fir, i b-,9, at <br />three o °clock 1',t by Grand island Abstract Company, lionded <br />a0 stlac er, e�;cept that and Vendors agree to record a part'al <br />release of mortgages shown at entries tvienty -seven and thirty- <br />one of such abstract of title, imriediately upon the exec utioiz <br />of this substituted agreement and, further, Provided, upon <br />payment 'by; the ,urchasers to the Overland National bank of <br />- Grand Islansr, Grand island, INTobraska, as Escrow agent, of <br />- <br />z <br />t he balpi7Ce of t;ie Purchase Price, interest, and anj taxes <br />advanced by the Vendors !- iereunaer, L;'., Vendors snail within <br />J tton clays thereafter furnish Purchasers an abstract of <br />t=itle showing, morchantable tiitle to the "above described `real <br />property,. excepting any tracts theretofore conveyed by <br />Vendors to Purciasers,, and upon advice by Purchasers to <br />Vendors that the title as shown by such abstract is `accept- <br />able, Vendors shall deliver to such Escrow Agent in exchange <br />for the balance of the "purchase price, interest, and advances <br />by Venders, their warranty deed coinveying such rQal property, <br />-4- <br />