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o) At the ti~e of cloaiug Ilg~nt will obtain a
tltle polic~, at ths •xpsns• of ths a~ll~r, inauring the
~t itle to the prwisss without enawabrancs of any kind other
th4n the mortgages ~d aub~sct to grant• and saee~aents as
set forth in said tlL2• policy.
2. . Ths ~oint vsnLure ahall oontinue uritil all
of the 4Poreaaid ocear~ front tr~ct is sold. It shall not
be tenninated b~ the aat. bankrupta~ or death of anT indi-
•idual Inveator, the aasi~ntuzt of •ny interest of any
Invastor hersundsr, the eppoint~eut ot 4 suac~asor to th~
Agsnt, or any otl~r es?use.
3. Agent aclalowledg~a that he haa rrc~ived
frc~m e4ch Inv~stor the capital contribution to this joint ~
venture aet 1'orth oppoaits hie slgnaturs. Ths fractional
~nternQ~ of each In~?eator ia ast Porth alao opposite his
aigneture. All profita and loaass arisir~ froo thia ?en-
ture ahall be she~ ed by Investors in proportion to their
respactive fractlonal intersata.
a) The Investora agree that each xill contribute
his proportianate share of additional oapital thaG xill be
required tro¦ tioe to Linn~, in ord~r to me~t future sort-
~rage pay~enta, intereat and taz ch4rge~. /lgsnt ahall gi~e
the Investora 30 aa~s rritten notic• in ad~ancs of the ~need
f or suoh additional a epit el . Th~sr• will b• no addit ional
cap:to: requir~d fro~ th~ Znvsators other than for ths
;
i~ Furpoaes apeciticall~ stat~d, ual~ss wi.th the appro~sl 01'
the Inve~tora sa prorid~d for in P~ragr~ph 5. -
i
~gent sha~ll rsa~i~• all pa~ents of incoae
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and principal arisi~ ont o! th~ •als, lsaa• or other opera-
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tioa of the traot and shall distribnt• th~t forthxiLh to tbs
In.eators in proportion to their respsati~e fraational in- .
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I ~ tereats.
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