- - ;,
<br />i 228-Oi+T10N re. ti~n,fl.c uoo..a 3ov[dr ttoo.o, tao<o!.. Netrr.
<br />_ 79_uC1430$ .,
<br />K\Q~Gr .AI_L DfLN B1' TFIGSE PRESPNTS:
<br />That I, or ee, __ Paid-Continent Enterprises, Inc
<br />hereinafter referred to as First Part}, rrsidmg at-.....P 0. Box 1365; Grand Island, NE 68801
<br />_ ... - ~~
<br />in cot+sideratiun of the sum of.. Two .hundred atd..No/100 ---- ---., -- ~ ----_ Dvttars
<br />to me or us in hand paid, simultcneoush• With the execution and dclicery of ttn< instrnt nt, b}. ~- ...._ --
<br />_Nebtraska_Assory}anon foS..A2XZ7,Qpmzmtal Housitxg. __. _.._ .. ~., ,.
<br />__ ~ ~.
<br />hrttina[ter referred to as second party, residing at._ ..................City_.f,_.Hastings ,,.gyp-un.t.y.-91i..<~datp$.,,_ .. `
<br />...
<br />'~`« . ,'
<br />State of Nebraska ereby g e ,
<br />_. .. ....... _.... .._ ...... h arr. fc~ta(d
<br />until the.......-.3,lst.-_.-.day of.._..... July ............._.___. _.. 1974_...., ............-._....._.o'dock A. M., time being to 4he essence
<br />of this option, subject rxclu;ivcly to the order of the said second party or his, her or their assigns, the feflowing
<br />described property to-w•it
<br />Lots {27) twenty-seven and (28) twenty-eight, Bison Pieadows Subdivision,..-_....
<br />Doniphan, Hall County, Nebraska
<br />or to transfer and cat:vey the said p:operty by' ~~~arrantp deed, with fu?i ca~~erams, free from all encumbrances not hcreia"`'
<br />stt forth. a: any time a-ithir. the time a'.,vice 7,rrscribed. to the said second p,vty or to Bach perscr. or perms as he, she
<br />o: they, Wray direct, at and fee the price of _ ..Ts:eiity-ei,ght.,thQusand--and._n.P.11oQ-.-----.-------rr--Dullars
<br />psynhle an the follawing tcr:ns:_~?e_earnes~, naney.,-in,the.-amount.-of_.$200,00_.wii-1_he..derjup-t~d.._.......
<br />fees the fines, total price r±}aking.the_,amoupt- 3ue_y2.7,80J.f)0-,payable-.-?? full_,upgn.-_„_-,,,_.,-,
<br />closing. This money has been_subntittzd to,.the Seller, nowevzr,, will.-be.-ret:ur:led tp_.th.€.
<br />Buffer if this option is. not fully satisfied. This„agreement Wll_be_executed-_igtp_.a„.„..,
<br />Furchase Agreement only upan thz approval of the site by the Housi.ng.a;i~,'Jrban
<br />Deve'opment_{HUD) En~_irontaental Surveti s"pecialist. Zn thz event that thz...Secord Party.,..
<br />is unable to exercise this option for a Purchase ~igreetnent, the Farty of First Farty
<br />agrees to return cansideration sum to Se.;ond Party.
<br />Lf thrrolde: ci this aption shit dv;}~ r3t^ct t,: exercise this option, then and in [hxt evetst, the amount paid u
<br />:>:sideration 3cr this opron shai, be trr:;itrd u;t.r. the said purha>c nricc; but if the hoiikr of this ~.i;tion ;halt fai?
<br />duty tv exercise this op:ion within the ti:nr Fxe,~ri c;I therrfvre. t'.ten, and in that cotter, t':r amount paid as consid<ra-
<br />siran for #!:=:s ¢};tian shad bs rrta:*.ted try the said first party in full sa*.isfattion far granting this option and for herding
<br />the aforesaid propcty for the aforesaid time.
<br />It is agreed howevtr, that if there should t>r any dtta; an the part of the iirst luny in perfecting the tick to
<br />iht a6tsvt prcrl°crty for mare than thirty ! 2ti) clays, after notice shah have tarn given vt the election of the ha?der ni this
<br />aption la pusrltase t!tt aforesaid ptt,prny, then. and in that rt-rnt, the hrlder of 4his vptian shall have the right to cancel
<br />this option, seed upan the exercise of such right of cancellation, shalt mrivt tack the consideration paid for tt!is option,
<br />ar shall bare the tight, by wTittrn notice served upon the said first lYrt}~, to extend the time of this rption until the
<br />sai{t title shalt ht pcftcted. .
<br />in w7tness vrherrof, the said fist parry have or s herew• h set his, Ixr or the' signature this...-....--'4th....._day
<br />cf. _....3urte _- .....__ _._.... .. I9..3g.. ~.
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