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HomeMy WebLinkAboutScan_1742 - , ') ;,'*r.. I. l I I the essence of thi8 oOlltraot. 1 t shall be opUiUlo1 wi th tho said p6rty of the first part. its suooessors or aSlJig11S. either to onfor..:o payoellt of said Ilotes and interolst. togethor with a r')olJ.)nnblo attorney's fee and all oosts inourred by oaid ttodel lo.lld COlc.pnny Or its assigns 11~ colleoting tho l:lomo, or to cOllsidor all prior pOycJolnts oado by said party of tho se00nd part as paid nB ron~ for the use of auid land or 8S aboolu4;;el:... forfei ted to the soid party of the first port as attpulflted dOl1lngolJ fo!' ~anurd of said pr.rty of tha Bo..:ond port to porform this c mtrllot 011 his port. or both rent and t!c..':'lElges, ond if noid part:; of the ~irat pf:rt shall eloct to enforoo & forfei turo thOl1 this contract shall thtlJ:ceforth be for- foited and null und void, alid 011 rights ond intor!sts heroby oro!ltetl, or tho!! existing in favor of OAid pfirt:; of ti':o so~ond port under this cOl,trbct, or orising out of it, silesll coo.se ond detorl:line, and tha 10.l1~3 heroby ~,.)!ltroctod to 1.:0 sold shall rolvost il: snilj pH rt;,' of ti'.o fir3t pcrt or ita nS13igns. ns nbsolutoly, fally ol~d }Hl:"fcc:tl;,' os if t.r.is cor.troct r-ad' I l~evor boen ronde. and without [in:! notioe or declnrf.ttion,):f forfeitur.J, or o;;:t of re-entry or I I I i right in ~he soid party o~ the SilCOl~d part or his al:lSigllB, of roJclw:16tion f')r no:,c::$ pnid or, 00:::pollsation for improv\Jool.~u mc..de o~ lwid laud, oral ;;!bid party c;' tt.e first pc.rt shell hhvej ! tl:e SO:tle r!gr.t to dispoBo of said land to an;; othar ~urson6s full:,' al.d in tho sooo rr.om:or all I I ;.!odel la:;o Coopal1::, its suc:.:;esoors or C1s3ifns ti:u: soid [-art:; of tC.c oo";Jl.d pu~ hus Fut I improvomellts 0;' said Im~d thar. it sholl be optiouil wi~r, 13bid ~.);,"pc.n:,' to dateroino the ri!!ht,. . I eBt6~e .or interost o~ soid pert:; of U.o se~vnd port \\i :1:out I~O tice r.s llforosaid, or to give! i i I I rogisterad ll1Bil to snid ~. ~. ?s11s Lit the oddress ~iVOI. iI: this .J:'I;troct or to 3u;;h o~r.cr i address 8S said ~. 3. ?olls IUS:; h1Ave filed with the Lund DOpbrt~ol~t of suid !!odel LhUd '~)m- I I , ~ j othor ~ct to be porfor::ed b:: Said phrt;,' of t:.e firat pt:trt or i~s aasigns s.:.d Y',ithout 8n~' if this c')l.truct hud llover bael~ L-.nde; pro':ided, howuvor, n.ut if it s}:oll a~reor to sr.i:: suid party l.oti.Je of snid I!o;~c.ult al:d ti:o il:tOl.ti)!l 0: :laid !!o.>del Lbnd '::0l:ipan:... to ey.i.lrdse its option to declore thi q ~')l: trllc t forfoi ted, w!-;lcr. notice raay bo sorvoJ. 0:'" se::dir,g by pm;y at its st. Augustir.e office il. writing, ulld VI:.O:. sucr. notici3 is eivt}::, :r.,]:, thir';:i da;pJ ofter tr.~ llloilln~ of s&id notice sbid ::()do1 lw:d ~JI:?{l1lj'- shr.ll be at 11 torty ~v dis- pose of aaie. land a:>d oIl impr,:;voI:loz. ts therl3:m to 01;:" otter p01"SOI< il~ tte ..;&1:;0 :::b!11.er ~,~ part shall be sist&E.e or otherwise :ail ~o be i:.sor:ed herein or by renson of t::e . 30C0l1~ I dOli tr: of { I if ti':is C'Jlitrc.ct hc.d liever bee!:. modo. &l"id in case tr.O !'osto:fictl of soid p:.rtJ. of ti.e suid ~rty or oti:orwiae sBie. decond p&rty ::Ih011 huve no rostof:ice oddri3ss said notice ClB:l' be given by publication :)I1oe a weok for four v.ee~s in a newspapor pri!1ted il: t:r.e ''';C'.lnt;i wLere the land. is; {lnd soid R. ~. :'a11s purt;: 0:" ~hf} ,;Joc;Jl:d pl.rt. f.:rther a@reos tr.at ulltil full pa;lcent is rJade of all 3aid notes toget.her with taxdS, c08ta, w.d expe.i3tlH, iliC:Uji;:g attorney's foes, if tr.ere be an:! incurred b:r Haid l!o.>del L61~d C:n.1panJ' or it3 a8:Jigl;s in co11octll~g tte ::J8f:lO, the said H. ~. 1"olls or bssigns shall occuP:l ond posses;,; said land I I I .'nl" - "'I i as ten6nt~ at will 0: said Hodel Lund ~;):npaI;y, its successors or ossigns, alid that if 00- foul t bli! mad. in. the fulflllmont of this agreoment or on;,' part thoreof on tr.e purt of ~aid party of tho s800nd part or Assigns,i t shall be unneces3arj' to rosort to al'::' 80tion ot low to recov~r p085osBion of ~id 10r.d, but said ~. :~. ?a11s and 88sig!;S will on de:r.rilld y iald possession thereof, notioe of suoh dOlIl8nd being hereby oxpresaed wa1\'od. AlJD IT IS Fl~TH3R STIPULAT3t, Ttat no assignment of this contraot, or the prumisea herein described, s i'bll be valid unless the ~}(l1OO shull be ondorsed l:ereon or perr:l8nently attaohed hereto, and oowltereignod by the Viae-President of the l!odel Land Companj.', pf.trty of the first part (for whiob purpose this contrbot must be sent to the Laud Departmor.t aforesaid of aaid fWlrty of tbe flrut part, by l:lo11 or 0 thorwiae), aud tha t no ogreomonts. liene, oonditione, or relatioI18 between the eeid party of the sQcond part 81:d his oBl:lignee or 8D1 other person or person. aoquiring title or interost fron or through him, shall : :~: '~-:.~'i~~'~~.. ,~~ ~~~..~#!\:.~~:~~~~.'/;~~,~~~, -w: r_.. ~ I ;) ) ] I : ... '. .... ..:": :;.:f~~~'~\~~S;,.~: ~,.