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delivory 01 said abstraot. In oase the privi1eae of purohase hereby given is exeroised the
prioe above named. paid, and seoured. and the 8eourities aooopted as above provided, I also
agree to oonvey and assure the said real estate to the said Raymond J. l::1rvan, his heirs. Or!
assigns, by a good and suffioient deed. free and oleor of all liens. and onoumbranoos, \,.hatJ
90eyer, exoe,' ae '0 'he 'axee for 'he lear 1926. .hloh .ald 'axee ehall be ,ro-ra'ed ae of I
the da te of soid "arranty Deed.
I t is unders too d and agreed between the par ties here to tho t in the event the remaining
purt of the oonsideration of this Option .'6,000.00) is not and in the event the said sum
of ~66,000. together with said seourities are not paid rold delivered on or before the 20th
day of Ootober A.D. 1926. thiu Option shall absolutely lapse with no liability on my port
tQ rofund any money therefor.
I also agree that said mortgage accepted by co shall retain a release clouse providing
that the sai d party of the second port. his hei rat or assigns may subdivide and pIa t the
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said property into lots. streets, eto.. and that I will release auy part of said lots for
I' a sum equal to the amount of acreage released at the rate of '3.000.00 per acre.
It is further agreed that in the event that it is more oonvenient for me and no t mort)
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I Oalanoe due me.
I I also agree that in the event that I oatulot show Cl8:"i:etable title to this property
i to the aotiafaation of the aUorney of Baid Rayuond J. Kirv&u I will return all SUJ:lS paid
I for this Option during the exiatenae of this privilege of pur~hase. This option shall
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I be binding on my heirs. executors. administrators and"a..lgns who may exercise the rights
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herein reserved by me.
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I Witness my hand and soal this 21 day 0 f August, A.D. 1925.
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I Wi tnesses:
I 1red Fee
:il. H. Sample
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A. 11. Sample, Jr. (S3.AL)
I 111ed and recorded on this 19th day of Ootober. A.D. 1925 at 4:06 P.U.
I · P. C. ~ldr". Clark Clrouit Cour'
I 1 By u{JtH-tfd:;. C7~.J D.C.
II 1 Vedtlcc\ "7
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