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HomeMy WebLinkAbout2703 ARTICI.ES Ot AaREBNB~iT - Pa9~ 3. optioa ot th~ ZIRST PARTI88, b~caa~ du~ and payabl~ at?d ths ~ets~a hereby creatad in 6~C01.'D PAR?ZE8 ~hall c~ase, texmiQate and b~ ayll aad void. !'urthesmor~, thf• aqsN- wt ahall. at the option of th• PARTIB8 OF TBB 1~IAS? pl~, be forfeit~d and ter~iaat~d. and the PA~AIBS OF T8x 8ECO~1D PART ehall fort~it all paya~eats mada by the~a on thi~ coo- - _ tractt and such payr~eaCs.shall bs retain~d by the pARTIES ~ OF T88 FIRST PART ia full •atisfaction and liquidation of all damagea by them suntaiaed, and the aaid PARTIES OF Fi1sS~! PART ehall have the righe to re-enter aad tak~ possa~ss- ion ~~f the premisoe aforesaid vithout being liabl• for aAy _ action therefor. ~ IT IS MtT~UALLY AaRFzBD by and bet~resn the parti~s h~ra- to that ths tir~e of each paym~nt shall be aa esssntial part of thie agraement, and that all cov~naats anS aqreements hereia containad shall extead to and be ob~iqatory upoa the heirs, executors, admini8trators an~ assiqna of tho respect- ive p~?rtiss . ° IN NIT~SSS WHBRBOP, the partiee to these preaents have hereunto set their hands and seal~, in duplicate, the day _ and ysar first above written. . ig ed ia th pr sence ofs (6~AL) PAVL D G ' (SE~Lj to FIRBT P~IES Dp Ng~Sg~ • "FIR~T pARTISS" - d~~~ ~t ' ~b gY1~.~~~ is~,~ ~ DIXZB 8. lLcC~SE • • (gEAI,j to S$C~O~ID PARTI ~ JpSEpg T. Mc(3Eg "B~CCitD PARTIES" ~ - ~i~z ~ ~ - _ . --~p - _ ~ , €~i"` ~ , " ' ' " ' t ~,li ~J ~I~ ~ i~ - .fT,;. ~ il I ~ ' '