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<br />22$--OPTION 7(~~~ "s.7 t.J ~ kM 2 ~ ~ V_`^The Fiuftman Gjen-zal 3nDPly H ~,~ol Neb . ~ ~-
<br />KNO~i~' ALL it1EN SY THESE PRESENTS:
<br />Lax E Huwalt o~'! .._..__ <._....----.._._....- ~
<br />.._._..
<br />That 1, or we..._ .. .............. ....._..I•Y- --'..- -° -°-°- -..-...-.... .-......-- ___ .._..._....- : _ „- . •'
<br />hereinafter referred to as First Forty, residing at.._ City- of Grand Island , County o ~' ; • ._._-- j (t
<br />! State of Nebraska .-- . _ -._ -.-
<br />..
<br />:: One hundred twenty seven S 50 cents - .._. -._-. _--_.Dollars
<br />in coasideratian of the sum of ....... ..-° .............................. ..................... ... .. ....
<br />to me or us in hand paid, simultaneously with the execution and delivery of this instrument, by.... _...-.- .--.....- ''
<br />} Nebraska Association for Developmental Housing
<br />i - City of Hastings, County of Adams
<br />{{ ,
<br />E hereinafter referred to as second party. residing at ................ .............- --- -.---°.-........... ---.._.-......- ---.-.---.....-- ----------........ a
<br />Stage of Nebraska hereby agree to hold,
<br />{ until the-._31st_-------..day of-------..- July.---- --- _.---...._, 1~._~9_-• -_.-......-._....-..-o'clock A. ;+f., time being to the essence
<br />of this option, sub}ect etclusiceh to the order of the said second pam• or his, her or their assigns, the following ~ '.
<br />desrnbed property to-~t-tt
<br />Lots 25 (twenty-five) and 26 (twenty-six) in Block 5, Pleasant ,
<br />- - ._ ;iil}` aiaii:i-~.:,'rn~rt~'~i-iv Qf Grand-Island, Hall. County,-2ebraska ........ .... ?
<br />.,,...y~-.... _.. ____
<br />i -. _ . ...-... -- ....... ............. _._. ... ......... ..............--
<br />i ----- ----- -------- ---- _ - ... ----- - - _...._..-....--- -...- _...... _.._ _.. .... _ ....._ ............... ;
<br />----------------- -
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<br />. --•---_-_._ ...........................-•---.•-.-. f
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<br />' 1 .... ..........................-.-.......-.-...-.--......._-.._.
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<br />~ or to trasssier and convey the said propem~ by warranty deed, with fuil covenants, free from all encumbrances not burin
<br />~ set forth, az any time atithin xhe time above prescribed, to the said second party or to such person or persons as he, she
<br />fro thousand two hundred seventy five (n°~2;$O~~ed '
<br />{ ~ they, may dsrect, at atuS the pzsce ot..--.... __..--------------------------- ------ ~o i
<br />- ~ .The buyer aad seller agree that the price of Lhe land is 3
<br />payable on the ~_::._. -- - -- _-------- .-. _.. --.-... -°-_ -- -- - --- --- ................- - --- -. -----••-°-- -- -•--._...--- ---. °._.-_.-..
<br />$1,27 p$istract fees, legal fees, or filing fees, but not to exceed a ~
<br />._ _~--
<br />,,p~~2,~.00. The earnest teoaep will be a part of the final,. total. -• .... j
<br />~.-3Sas bees subaitted to the seller. This Option will be executed into an
<br />! ~,
<br />teat Daly upon approval o€ the site of the Housing aad Urban Developtaeat (HUD) ;
<br />Eaviro~La1 Survey Specialist. j
<br />.
<br />1 '
<br />_-.-~~.e. -- -- - --- .--_ - - - --- - .._-... _ _.._... ---.. _- -- - ... ..........._... ------- - - - _........-...-.._. -~ -- _....-_ ;
<br />1
<br />t ...._ ___._.. -.. t
<br />if ~ b4xkr of this ogti~*~ mil dnlr ckxi to exerase this option, then and in that event, the amount paid as
<br />rst~m €or this vp~c~ shalt he crrd3ted uprzn thn said rntrchase pr3tt: hux if the holder of this option shaA fail
<br />! dttfY w txerose this option w~ithsn the time prescribed thcrefom, then, and in that event, tfie amount paid as cortside~-
<br />titsa ~ dais gstivm shall be retairYd hY the said fsrss party in full satisfactitsn for granting this option and for holding
<br />e ~ the aforessid psopesty for tlx afid time- i
<br />'_~ 12 is a6~ horreu<er, that il dsese shotslxl be aay deLy at the part of the first party in perfectiag the tick m
<br />tlx alp ~+tsp~rtg for ttstae thin tfsitty (34) days, after susrmt shall have beea given of the ekctton of the holder of thss
<br />fu ptttshm~e tf>le ai!aa+eaaid p'r risen. and frs drat ev~rst, the balder of this optkm shall ham the right to cancel
<br />flab asd ttpca the estercitK of aer$ tigtst of caneeilation, shall rive back the cnmsideration paid for this optirm, j
<br />er s!~ i~tat doe t?~t, by wrritt+as naive aetred open tlx said first party, w etctend the time of this option until the i .
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<br />' In tsstvetpt w'ftettad, the said fast party hive ~ fire het Isis. her ar their si tnre this _.. 21st...------ day ~
<br />a; ,
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