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HomeMy WebLinkAbout0760 . . • , ' • • • , • ~ . , . - . 1 • ~ i ~ ~ ~ . . , , i ~ ~ wealth of Pennsylvania. Should any part thereof be inoperative ori ineffectual b virtue of an law the other art or arts of this ~ Y Y ~ P P . ( ~:Agreement shall not be affect~d thereby and shall remain in full ' i~ , ~force and effect so long as that by so interpreting the Agreement, ~ ~it will not completely change the basic purpose and intent of the ~ ~ . ~ ~parties hereto. ` ~ ; ~ 10. This Agreement shall not be modified or changed ~ E . 1 ~orally or in any manner other than by an agreement in writing + ~ `~signed by the parties hereto. _ ; ~i - t 11. This Agreement shall be binding upon and shall enure' ~~to the benefit of the parties hereto, their successors, or assigns.i ~ 12. Nothing herein contained shall in any way constitute} 1, ~ ` ifa partnership between or in joint venture, by and between SPC and ~ i ~ WRS . ; ~l 13. SPC agrees that it wi11 at all times at its own cost~ ~ and expense, indemnify and hold WRS harmless of and from any and j , i ;fall liability, claims, demands, causes of action, loss, damage or ; : ~~recovery, resulting from any breach of the warranties and covenants' I: ~jcontained in this Agreement or in the supplementary agreements per-~ !jtaining to this matter or from any suit or proceedings of any kind ' it ~ ` E ~~against WRS or brought by WRS by virtue of the execution of this ' ~ t Agreement, or from any suit or proceeding ,that H'RS may deem neces- ' ~ s: ; ~ ~;sary or advisable to institute for any reason whatsoever to protect' ;`the rights of WRS hereunder, including reasonable attorney's fees, ` i~costs and expenses incurred by WRS, all of which shall be a charge ~ ~ to SPC . 14. In order to induce WRS to enfer into this Agreement ; ..and to extend the credits contained herein, SPC covenants, warrants . ~~and represents to ~RS that David B. Putnam is owner of fifty (50$) ~ : per cent of SPC; that he is a resident of Fort Pierce, Florida; ; ~ `~that he has a net worth of ~3,027.247.00 as of October 31, 1967; ' ~ , ' ; 3~that David B. Putnam will execute simultaneously with the execution . . i~of this Agreement, a guarantee of all obligations of SPC hereunder;• _ .j • 1' ' ~f ~ • . R 78 ~ 759 ~o~x1 , ~ !s - ~ ~ M . _ y ~n J. . ~.~~x~ a~4c.'t'a.*l~.c+.... +~'~.~'2-lr3-~~~~..~~, r,3~ . ~ ~~~~'Yi.z..~ .