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HomeMy WebLinkAboutScan_1231 )70 ~~. ~'P r ---- . UoNEILL BROTH3R3 & COMPANY TO CHARLE3 w. RIllliliART ,UlD WIFE '~1! . ,'., A G R ~ ~ M E H ~ . .' 'l'HI3 UID.!ORAl/DUM OF AGR&EJBlIT made and entered..into b, and between LioNe1ll Brothers &: Company, a partnership, oompolled of D. R. lloNeill. .J. .A.MoNeil1, A. D. LloNeili and D, E. AUlltin, of dt. Luoie County, Florlda, party of..1he'-:first pari;, and Charleq W. Rln8~ and ,.. -', hart/Sarah A. RIQehart._of .Carthage, J.l1Qsouri, parties of th,e ae;Jond part, WITN&asETR, tr~t for And in consideration of the lIumof llIll~ THOU3.Um T~~ITY HINE (,9029.00) Dollars paid to,and._to be paid by lIaid second parties to said firat party sa fOl1ows,- FIV~ THOU3UlD (~6000.00) Dollars represented by oheok dated July 1st 1923; TWO THOU~UlfD FIVE HIDHlRlID (i2600.00) Dollars represented by a note payable on or before ninety days from d'lte, and ONE THOU3AllD l!'IVE HUNDRED TW"~NTY BIllE ($l689.00) Dollars on or before one year from date, with eight per oent interest from date. The said first party hereby agrees to release to said seoond parties any part or parts of tt~ lands deaoribcd thereln from a oertain turpentine lease dated 30th day of ),larch 1922 by and between the r-arties heI'eto and rec:>rded in deed book 48 page 211 of the .. . '. \ 3t. Luoie County reoorda, exoepting only the Nor th half (Ill-) of the llorthwest quarter C1f.'lt) . , -of ,-taotion 27. TownHhip 35 30uth. Ran8e 39 .Ea.:t, whioh bas heretofor, been sold subjeot to the - t.'\SO. I ..~ iJ .~ ;:~ " , ~ :.f -, ::~". .. notioe of bona fide sale that said.first party will exeoute and dell.er releaaes and giye the said purohasers possession in said thirty days. IT 13 FURTHER IDID&RdTOOD AljD AGREED that the said seoond parties upon delivery of notice afore8aid will furnish the - said fir st pn-ty \'lith notice of the actual boundaries of said land sold of whic h r elc:a2e la sough t. -. -it second v It is However ex:preasly understood that nothing. herein shall. permit the said/parties to sell the timber or timber r ighta fO,r timber,. O::.OBS tieS!, sa'll mill _O~_.other purroaes out from ~under said lease. ''1 IS FURTHER UIIDER31'OOD .cUiD AGRE::D tr.a t damagu for the breaoh of this contract ,- shall be .\0.00 per aota: that is to say. tbat in the event of tbe failure .of t~e first party to execute release ani deliver possession of any tra~t of ~and wben properly notified in the terms ot this agreement the first party si'..o11 pay the said seoond parties $10.00 per acre for the traot of l&nd oovered qy the 8ai~ notice and on thefther hand' l~~tbe event of the notice be~ng given by the said second parties to the first party of lan'~~.noi ac~ually sold to bona fide 'purchasers or said notice being given for the purpose of sellibg timber or ~lm- ber righte by the said sooond party said aeoond party shall pay the firat patty. .the said sum of $10.00 per aore as liquidated da~agea. IT 103 FURT~ UUDXR:JTOOD .uW AGREED that the .aid seoond par ties shall hold the fi rst party harmless tor all olaims of rent or damages on-the part of purct~sers from the said seoond parties on rent or other matters arising prior to the execution and delivery of this agreement and on the part of purol':.al1ers from the slid seoond partiee that may dise prior to thirty 48ys afteI' delivery of written notioe as herein before _paoified. ~-" IT IS FURTHER UUD!R3TOO>> A~lD AGREED that the said seoond parties do hersh1 agree that all rents or payments due from the first party to the Raid second parties under this Lease hereinbefore de8oribe4 Rhall be and are hereby oanoelled and satisfIed. - " IN WITHB33 WHgaKO~, we have heraunto affixed our hands and seal this t~~ day and ~;y.ar firet above written. 1 As a turther prt of the consideration fox this agreement it is understood and agreed that the said first par ty shall have tl".e use of all of the 1 ands of the aaid B800nd par ties oovered by this said LeaRe until the expiration of said lease without further o!1irge or ren- tal, excepting only suoh lands as are aotually sold b1 ~aid second parties. It is further understood and agreed that releases shall be exeouted by said fir st party to suoh lands 8S are aotually sold by said second party thirty days after delivery of wrl tten notioe , that at the expiration of s aid thirty days after the delivery of said , ~ r UoU~ILL BRO~~JAllU COMPANY , :::. ........~.: -- ;::;.-._ ".:." ~ w ."" --.;:;.' ._.~-:". .: .-.:. .'C.. ; I"~ . -: ;- '. - :~~' '~.' ~\: -:\. : ~-:, :. :r~;,~~-<..::__ I . - - ~ . - . _ _ _ ~ - '-.'- ,::'~')-~::~:~7\~~~:~;