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!" MI.. 'PI3RO! J;llVgtoP1lE1f~ dO.. I' \ ".I I If<> ' ' '1\ I' ; I. :S.LOllG1& 'DR'. \' I ;: ' '
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j , '"ARTIOLg~ 'OP 'A.GRg31{3N'r ~ }'(~de this 19th clay ~:f~ In,,~he yep ,~f o~ Lord' Oiu~th'ou~ond -nine
11" hundred ~~d't.i.nty,.,t~~eBgTW~S~ r'~.~l~roe:D~v~~op~~nt Com~any, a oo~por~uon Of: J~e; 'Town,. ,if \
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, New ~Cl;rk, p~t;V\Of,'the'flr8' ~~t :a~~ J~,_ ,B., L~~8 and Wl~ 'l.l11U11e,~, 'L~n8\,part1e8 9~ \~~.e's\8'o~ntl-;
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par~, ' \ ' '.' , ,
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'\ wrrm~S:J3'lH~i Tl).at: If tbe 88id partles'\ ofl,the, seoondpert. shall fll'st'make 'the pay~ni8 and<
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,.! ,perfO,~m' 'the 001Ye,nant~ hel'ei\na,~te~'mentf(mecl"on tl1e1r P~(l~ to 'bE! ~ci~, ,&ntt p$i'fol'med, the '8aid"
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'. , party of:~heflr8t part herebY"ooveuant and agree f'.4) oouVe1aildaB,sve to the .eald parties 'of the
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J seoond part" 'thelr heir,S, ,executor,s_, adm1~1'8tratOl'B or ,Msl~n8t' l)l, fe.\ 8imp1e, ole'a~ 'of all ,in'. :
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iOUIDbre.j10~8 .hQtev'e~",by,a',8o!>~ fclnd'lJi1~\oon:tde~d,;. ~h8 lot~.'P~~Q-Lir-p81'D.e~'~Of '8:rQu.n~B1t~te'd ~\; , ,
,J In 'the Oounty'of ati ,~~i~: state ,~f' Pl~r1 ~,., kno~ ~d d~sorlb.ed ~".~ollo~e', '-Wl~:
. Lot '1fteen ,(15)'Blo,ok. ,,~.., (16) Qf the A8~eseD~'e. K87' ,
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',and ~b. aa,ldpartiGs ,of, the eeoondpar't herebjoovenant .and agree to ,pay'. to 'the 'aald' partl of. ,th,
"..::tfret"part th~'S~~f,Tw'~~Y.fiv~h~drect &I JO'/toQ'Dollats. In't'hem8nnerfOlio~1ns~'$200~jjo'',,.
'.. oash,th~ ~e,~e1pt 'O~'~h10~ 18 hereb~ 'aQkn~Wledg~d;' ~:h~ .~~1~0~ 'a26~90,'br_ ~re'~er ~n'h~~Wl'tl'i.
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I .the fu3:~' amun' of.23t>~.OO has b.en'fw.lypa~cl~ '~.1 t,h' interest at .the.:ra~~ 1,f 8% per oen:two,.
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, per annum payi.b1e mOnt141',olithe, whole SUJl' remaining'trom' tlmeto ,t1meunpald; anc. to ~~all
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taxes', aBS8liJSmente ,or lmposltions 'th~t..~, be legally'levied or lmpoBed 1ipoDsal'd .land, 8Uli8equen~
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~. ~e' yeBr.19~.. .and ,to' ~e~Pthebup.dlnB8 upon aaid, pr~18e8:1D8u:r8~:ln'B~ble' E)ODpany ~at1,sfelot~ry
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to ,the, 'party ,Cf.f, ,the11r8,~, par\ 'in a.~ not,: le'8B :than.l'~O.QO ~il~r8 d,1U'~ng, ,th~, ~rmof,th1s,:"
a8reement. ' And in'oilee o.f faU1ireof,.th.e '801'd, part1ee' of,:the' s'eOOlidP8~tto IDBke '~11;hG~"of the ::'
~)'IIleots '()r:'a,~ pa'rt'~hereof, or wpcn-tbi-m~Y:".~f-,_ ~'b,e,o(W~~ant~ O~~h~itP~~t '~ereb7' macie,on'd, ' , ..,
enter'ed 1oto'" this csontraQt~hali,at,t'he option of ,the party 9f, th~' firB~ part" be ;forfeited an~'
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termlnated. ' ondthe :parUee of th~ 8eooJ1d part shell forfel t' ~~. payliieht~ IDBde b)' theD.10D: thi B
o9nt.aot;and 8U()~ pay.~enh ',~hall ~e ,~e..Ui'4'~l' ~he~aald' P8l',t,1ofdtHe'f1rstJilrt 'lnfUli'8~t~e.
faotion and'l1qu1daUon'o~ all d.at1Vl8eS bllt ,suetain$d, an~ 8ald party.of the :t1tBt'part ahUi
, re~enter' aiid~~e p~8se~~1on :Of thepremG:L ~1tbOut beln8 ilbale~Oa'ny ~onQQ ,
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'. therefor. .
IT IS W'tUALLY .AGREBD/ by '~nd be~een the ~~Ue8' h~e.to. that .t~t1m~ of 'payment sbe.J.l '.be:,
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au eSd,en t~,al <part ofth18contraot,and' tllatall oo;nna.nts nndagr,ementB'her?ln oon ~ ne,d sh811'~:,
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. extend to and' be obligatory ,upon, the helrs~ exeoutor,..,admlhlstr,ator8 and 88a18ns, of th9 rupeotiv8
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III \'IITN~SS ,WH&R~P,'tbe partfee to thue pree8nt'eh~ve ~ereunto set th~lrhand8 and seal& the
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by and year'!lrst ,abO\"8Wr'i t~en.
,'to
By
?1e:r08, l>evelopment 'Co,.
,Fred B, aa1t)l .".,
. ' . PreB1clent.
J. B. Long
1l1lmle a. Long
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. (seal)' .
(3eal) .
, (seal)
( aeal,)
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i, ,si'gnea, a'ealed ~d 'd:elivered .
I 1ll preeenocr Qf: ' . '
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!. L. Payne
G. Rowe.. '
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Reoe1vec1 onwlthln' Contract. the fol101dng,
Interest '.Prf!oipai
$ , ete/ $ eta.
16.~3 26.00
16.1'6
, 25.00
26.00,'
1'.66
U.60
26.00
26.00
1'.99
u.es'
2~ .'00
26.00
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