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.... A"II P '411
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I and three ,eara athr the date ot a losing trade, sald paJIDenh b.aring 8~ in tereet, pa,...ble
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IS_l-annual17; the agr....nt between ~eBe two PliIlrt1ell being tl:at the' purola..r 18 to pq
lone-third ot the purohaae prioe ot said prop.r', on the date ot olOlling the trede. The bal-
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ano. ot the two-third pUl'Ohase pr1ae to b. pa,able in three equa 1 annual p&JlIlen W, due on or
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betore one, two, ad three years atter the date ot alo sing ot trade. It ls unders\oo(\ the. t , .re
I Is now a f1ret IDortg&8e for $.,000.00 .0:-. or 1... wh1Dh parties ot tiret part agree to pa, 01~
If holders agree to aooept paJm6Dt. It not party ot seoond part agre.. to take subJeot to
1st -\g. 8. thereb, redua. 8n4 mtg. to this ut. I
f Said partie. ot the t1r.1; pa2rt agree to exeou tlI to part, of the .eoond part a i
'gOOd and me~Oha~tage tltl. to 8ald ;ropert7,and said part, of the seoond part agre.e to exe-!
loute a tirst aortgago on the tlret traot ot land desoribed in 8aid aontraat, same being 10- j
f ~ated in QoverJlllent Lot 1, for the prinoipal BUIll ot 13&,666.6'1; said amount to be pa;yable in I
I three equal annual pa;ymen ta and due on or before in one, two. and three year. fro.1l da te ot I
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IOlOSing of this oontraot; end to ex.oate .. flrst mortgage em the eeoond traot of land desorilJ-
I ed in said oontraot, same being lands looated in Government Lot 4, said first mortgage ot
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i years
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traGt being for the principal 8UID of $36,666.6', and due on or before one, t.lO, and thr~e
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trom da te ot 0 losing ot this trade.
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Said parties ot the first part agree to pa, off all'IDuniolpal liens and ae.....ant.
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i ot eyery kind whioh might have been levied against said propert1 pri'or to the date of oloe-
ling, and said part1 of the seoond part agrees to pay all liens and aaBu_eot. levied atter
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i that date. J.ll State, Counti7, and )(unlo1po.l tax.. for the year 1926 are to b. prorated be-
l tween the partiee ae of d8 to of olosing.
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',prOPf'l"\7' brought don to date, mowing good and sa~isfaotor, title in them, Just as soon a. i
th'7 oan obtain same from the Ab.traot Oo.pa~.
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; athr the deUyer7 ot said Abstraot \0 said party ot the 800004 part. In the eyent said Ab- '
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ietraot .howe that said partie8 ot the fir.' PliIlrt oanDOt :mite a good and satisfaotory title to
I said propert" it 18 agreed that the7 are to have as lIluoh Ume as neo8ssa17, not exoeeding
Said p.rt1es ot the first part agree to fumleb anabstraot of 'fitle to said
It 18 agreed between the plillrt1ee tbat th1e trade shall be olosed tUbeD days
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i thirt7 4a)'8, to oorreot said defeots in said ti tIe.
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! be made b1 said partie. ot the tirst part, then it 18 agreet that all mone1s paid b7 said
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1 party ot the Beoond part on the purobaee ot this pro~rt1~ 1s to be repaid to him, and thie
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i trade oalled oft.
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j oa.. 8&id part1 of thl seoond part shall tall to ma.ke any ot the p&J1D8nts herein provided
i for when dU', aid oontraot shall at onoe be forfeited, and terminated, dd all paJlaents
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! ma4e prior to said forfeiture shall be retained by parties ot the tirst part a8 liquidated
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I daaaged for the vlolation ot thie agre.llent.
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I It ls further understood &.D4 agreed tbat the terms ot tb.1e agreem.nt shall appl1:
: to and be binllD<< upon the hell'S, e:r;ooutore, admin18tratora, and a8.igne of the rlspeot1ye
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I partie8.
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I and ,ear fird aboYe wr1tten.
In the eYen t sa t1 sf'aotory ti Ue canno t
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It Is under8tood sod agreed that time shall be the easenoe of this \rade, and in
IJf WITllBSS WHIREOF, the partin heht~ haye set their hands 'and .eale the day
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S&auel Wax
(S.al)
(S.al)
(Seal )
(Slat )
Bc Arnold
BeD,Jaa1n Rubia
o. P. Orw:aer,
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