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<br /> . .._..__,_=88871-5TATE JOIIRNAL COMPANY,LINCOLN.NEB. . � . _ .�_.._._:., _ ._ . � --_
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<br /> Island,Nebr�.ska, in thA sum of �3Ei, p00 �.nd where�s it is of import�,nce to the parties 3f the ;!
<br /> � i
<br /> , t'isst pa,rt thdt said indebtednsss secured by s�,id mort��,e be po.ic� z�t th� timps he rAin apecf- �
<br /> fied in order to �rot?ct the v�.luP of s�id stock.
<br /> Nr�w� therQfore, it is �gresd bpt��een saici parties in r�f erence to saici mortgr:Yge of �36,000�
<br /> t�t the ��rties of thP second part will n�.y, or c�.us� to be naid �.t lea�t thA sum of �Ei� pUp
<br /> ' th�r?on, �n o r befoxe Nov�mbAr l, 192�,dnd sh�.11 pay or causA t o bP p�,id, at least thP sum of
<br /> �5 � p00 pvery Bix months thPxe�.fter until said indet�tedneas has bepn fully n�.id �.nd �hall p�y �;11
<br /> interest m�Luring u�on �aid ind?btedness �.t le�.st every si� months, �.nd it is undPrstood and
<br /> Qgre�d betwsen tnp I��.rties thsrsto t�at said c�.pit�.l stock shall st�.nd �s full security
<br /> for the perfarmanca of e�.ch �.nd every provision of this �ir�li��.tion.
<br /> �IFTIi.,
<br /> - It is further �reed between th� p�.rties herAto, th�t the said Lrad�'treet & �lemer�s Comp4ny�'j
<br /> sh�.11 tr�.nsfer to T:�om�.s i��.13r�dstreet its titl? to tbventy �.erPs of iand lyi.n�; northeast of
<br /> ' Grwi�d -I;�l�nd and ��.y the.reby withdra� said wseet frc�m the general �.ssets of sr�id corporution.
<br /> SIRTH '�
<br /> ThQ �arties c�f th� se��nd p�,rt: �res to keap said r�remises insured for at lea.st th� sum of '
<br /> �3(�,G00 �.nd as znuch more as said �a,rti?s of the sec�nd part ean reasonably obtain thpreon.SaidG
<br /> insuruneP to be assi.gnPd to said Cor�merciu�l �tr�tp �sunk and dAposit�d with it �s sPcurity for i
<br /> sai.d indAbt?dness of ��6,00O,�.nd ditex thP payment of sa.id sum of �36,000 duP to said br�nk, ,_
<br /> '' thpn said in�ur�:.nce is to be c�.rriRd fox ti1A bPnefit �f the suid Thom�.s �,.Bradstre�t or hi� �,��si�ns
<br /> ' to secure s�,i.d :�1GU� OGpinc�ebtQdn�:as ar so rancn ther ?ef �,s r�„m�,ir!s uT1;��;i.fd.
<br /> r_..�+"VE?�IT H
<br /> It is fuxtf�er a�;reAci bptween the �a.rties hPrPt� that the purties of the first p�.rt wi_ll re-�
<br /> si�n tnAir �ffice� �,s c�irDctnrs �nd offiaers �f swi:i �rwdstreet & ClemAns Com�any at once. °
<br /> ! `T'nP officPs to bA fii:;.ed b;� the ���rties of the sec�nd ��rt. ;;
<br /> F'ZGhTH
<br /> It is �:grAPci bPtween thP �drties herAto th�it tn� eonduct of said pusiness sh�.11 'oe turr!ed
<br />� o Q �, t ' a of th� second art wt 7 a.�. S�turd�, Idavember 1 1� 9 � . �
<br /> v ,r t o t�i e p r 1 .,� p , y , 1 , �,n�j u.f t _r s a� d d�,t e
<br /> ' the ��rti=s of t:�e second �art shall h�ve the mand�empnt und c �nduct �f sr�id 'ousiness with fu�l
<br /> ri�;ht t c� � oll ee t �11 rev�nues. .
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<br /> ' dPrived xi�ex�fro�. Tne parties of the first pwrt to receive �.11 credits due to said Company and'
<br /> � �.ccruing or contr�cted�rior �0 7 t�.�. ,�ovember l, 1y19� ;an� to g�y �11 obligr�tions ag�.inst said '
<br /> ' Com�any contracted pric�r to 7 x.�l(.. ,1uov�mber 1�1919� except said mort�<:�re indebtedness duP to
<br /> sdj.d Comrnercial St�.te h�.nk in the dfor?suid sum o�' �3E�� 040��.nd it is further �repd that thP
<br /> i saluri es of t�e sai�i ��.rti es of the fi rst part shtiil t erminut e �t s�id time,�.nd thei r c ontra.c t;�s
<br /> for person�.l sPrvicss �hull be cwncell�ci �nd �.nnull�d, comrr,Ancin� with the first d�r of Pdovemb�ir 1919.
<br /> NINF
<br /> It is further '
<br /> agr�pd batwpPn the pa.rti �s herPto that cert�.in contr�.ets for th� purchase ,.
<br /> ! nf cextain rP�,l estwt� made by thP s�id Thomws ,�,. �r�dstrpet with onP k. Dr�rling and on� t�.W.
<br /> �,��,atPn �re to be t�.ken c�ver thP sa,id �Sr�,dstre�t & C1�nens Comp�.ny a�d �.re to be carr�ed fiy the�',
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<br /> ' s�.id br�.dstreet �c Clemens Cc�m,�any wnd thP p rop erty �.cqui red undpr s�.id contracte i s to bPcome ;'
<br /> tne propPrty= of tne Br�.dstrePt c� Glewens Company �.nc� bPc�ine �. part of its a.ssetts.
<br /> T +FNT3i
<br /> It is furti�er Ugreed petween the purtiPs hereto th�.t th� convey�ces hexpin contemplatpd sY�a.11
<br /> inclTade the �oo;i �rill of ��7P �pusin�ss wnd �.lso �.11 �ersonwl �roperty belongin�; tu ��.id I3r�.d- � �
<br /> ;
<br /> t�
<br /> street & C1PmAns Comp�,r�y,but n�t incladin�; any personal pffects b�lan�ing to ?ithAr nf thA ���.r'!t-
<br /> �; ies of the fi r�t purt. �
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