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'!, u\~"I," \ . du~ ;aod p~, i~bl(e ~p on demand, 'a~ }1,t,.'t~~'d~~4aj:e. '.~~&: Ti-\ll~,t': CQ.' 1(1 th~ 01 ty ,of, ,Ft~ . ta~derda.lol.' \ ,
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:! ',ll.,,>rop8Y a':tl','tax8et li~.ne'arid: a~8ee~mentB Whlob"e~,li'be Iltg811y.'l'ev:ied'or'lmp~e'ed'upoPthe :'
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' ,. 'j above, de'anrl,bed-})"roperty (eubeeqU.,n( to :tlie, year- 1?24. "Ta,~eB. ,tor ,192~ to, be P!o-.rated. \,,', , ,
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20: J"t't"he..',part1 'ot'theeeodqdpart shall : tall to 'makea~ Rayment' of taxes,' ].lens ,or,
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~eee~~~EJnte,~ 'the party ot the. f~~st'part ehall:have the right t(p~y 'auph t~xee, 11.ene, , oj- ,
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a'seeSBmel1tB, wltboui;wetVing aOy ."option to deolar":thlit ,Oollt1'8ot<forteihd', Qr' to ,d:e'o1are. the ,
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balanoe 'Of:th~ puroli8Bepr1.0e for,8il1~ P l'?pertydue', 88he~elpatter ,provlded..' an.d a'~1. ,payments
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:,'-,. s'~Ina'de~y ,the party ~f' thQflrst'part elu111 b'e~r' 'lnt~r&8t at, ,~h'irlitG 'of' ,el~htPer'eentUm per~'
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onnuni:from'the d.ate t~eTeof';": " ~', ,""
,3,.', ;bai',JHn~~hai~'be'o6'n~lderela'8: ()f't:~e: ~s~e~~"e",~f:' th'is'()pn.tr~ot, ~,ndt~t'i;' ~'hli' "pa:i-ty ,>,'
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; oft,~e' eeoon~i p8,rt:, B~~ll f$q.tp'Dl8ke. 8ny"P8Ym~ntoi?r1~O'~l)'al,,:o~~ iiitereet,rf!'qUl~.dh~:re~d,er",,'
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tO~1ll8de 'within thlrtir ,d8'1B after':the elune shall become due, c;r'shal.l fall"to, oo~ply' wi the and,
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'perform BQ.Y oove:n&nt, oO'nditlon or' et1ptn~t1~Jfo:t thle ,(3ontraot by Jl1m.' to be perfo)"me.d pr'omptly
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" 8'6 pe~tOrma1108,Bball, 'be'~ue.-tllliri, 8~ 'th~oPtlon' ,~f the psrty ,of. the ,f1rE!t}'llrt t~1s.con,traot;
m8-j";b'ecJeoI8red":null,~M':vo'ld. and t~ifelted.' aOd, the party Of', the:f1.rst.'!ls,rtsli811~e,ta1n all
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, 'SUID~ of ;,monol?81d,l1~0n.,;~ne,"~~r'oii'as,~ ,p~~e'1>o.~, 8~'1<l' ~8:hd, 8S' r.orit~l for th.e use, and :~'9i1~~Sel0n~
,',.ibi the 'partyof,tbl188cond }:Bi't'oit,heuid,lend' p'rt'or t{) the Ume.orcsuchdef8Ul't; or, at,the'..
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,option of tbe,:party'of the, f'-rs.t, p~rt,utrondefoul t'1.rf ,th6m~kll1g of any"s\lOh paytngt:lt oJ'
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:~.prtno1'pal,or 1nt?1'f8~w~thln"th1rty :da'ye af~~r the .8~~tf"S,h.a~.1, beooCledue,' or'1n the, event of
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,:. i defElUlt in: the perfonnanceo{abyBuob.o'oYenant,lttipulatlQR-"or,()l>ndltl,ono'fth18' oontraot"the' '~
.. . ยท :':Ot1" b.lo~o~re"Oln log Ulipd d "pon t~p"roho .~.rlc'fo' Oo1d,.lond~t tb~ ;'tl~ .. 0 fO~~b d e,f, ul ~
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. n'sh81r:lr.iIndelate).Y:b(toome,due an(\peyable w1th6~1:;notl()etot,'ordemand u:1on. ",tne narty,of t,he
seoond. part" and may b~ ,f~rth"lthoolled~~ed by f,oreolo,8ureproOeed1.'nga." o,r by,',the 1'r}atitut~o~ '(1f
anY' 'othersn,l t '01' aot'ion, au ~hOl'lzea,1>i' 'i.~", ~~OV1<led',t ha tbGi'o~~ an~ fo rfeHuresha i-i 'be' ci eolared' '.
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15 days l'1Ot1oe of lntentlon8Dd .oause: ahall' be gIven." :
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~4., tn, the even't' of defallt If!. the, peYr.lent o:f<any,'sUmGfmoney r~rTU1~ed ,t,o be'paid und'e,r:tlie,
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'tnmB of' t'h1s 'contraot by t}le party of ~'he' Beoond part, O,r: the 'faqJ1re' of th.o party,of,the , '
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,s800nd 'part to perform ,any oovenant or stipUlB,t1qn-' of th1S' contrao~, v.rithln 1;hirty daYB "n~xt " "
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:a1'ter Buoh payment shell be due" or Buo~.Pe'rforlDanoe' requlre~t, t.he pa:rtyof"the, se,ocindt>ar~
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'", ,: cove!1antsand a FlTees to';pa,all ooete 'lnd e,?'.nBoeWhl0h may 'tl8,lnq,urred ~i t~e ,party of, t~e
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, flrdpa;;.,t 111 enforol!Ig f,lol1elltlon ,t 8a id 8um o,t morieyor.p'erforrnanoe qf th1s OQntl'Mt'bY Buit
or otherw,1Be, 11.lcl ud1 hfl ,8 reasQnablea ttorn ay' B' 'fee.
All-~9venantB'and'9greenie~toher81rio0i1ta.lned shall ext'en!l ,to' alid. 1;16 obHg8to~l~
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,'upou'thQ helrB,'legal representatiVes orid,osB1gnB of th':respeot1"e part1e~hereto..
Ill?fITJrEssmrE~&>F,~ the partleshoreto: hove exeouted~~lB, lnstrument atl"t.,
Lauderdale.F~orldo, the day and yea'r 'f;lrst above wr1tte.n. '
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THE' CAnAL LAnDS COHPAllY'
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By , Chas. To Knapp
, President.
(Seal)
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Slgned, sealed ar~ del1vere1 1~ ~resence ot:,
,J. _lt4 _Cain .~
C. J. Foril'1
(Seall
(Se 01)
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, io'rank rr.,11erren
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~y , U. A~. Walsh
~1s A~ty. in' fact.
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