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� �� <br /> i-i�� 'V ��Yo����� �I/ � � Ii�� ��� V � <br /> THEAU6USTINEC0.12787 <br /> �, <br /> 2. Parties of the second part, for go�d ancl valuable consideration the receipt of v�hich is acknorov- <br /> ledged, do hereby sell, assign, tr��.nsfer and set over unto the party of the Pirat part, their <br /> execv.tors, administrators, successors and �.ssigns, alI their ri�ht, title and interest, in and to <br /> the certain lease herein above de�cribed. <br /> 3, The parties hereto Purther agree triat possession to said pr°emises described in s�.id aPorementioned <br /> lease described above herein be given to party of t�le first part by parties of the second .part and <br /> party of the third �aart on the seventh day of �Iarch, �937, and parties of the second part hereby <br /> agree to pay and be respon�ible for the rents provided in said lease above de�cribed herein up to <br /> and including tne said seventh day of March, I.9j7, said rent to be th�r�after �aid by and to be <br /> an obligation of party of the first part. <br /> �. Party of the third part hereby agrees that party of the first part shall h�.ve the rigYrt to the <br /> exercise of the option contained in s�.id le�.se to renew said lease f'or a period of three �r�ars � <br /> from the expira,tion ther�eof and that they shall h�ve the Purth�r option to extend the term of said <br /> lease after the expiration of the term provlded in the �aid option in said lease, if exercised, <br /> for the further period of five yeara at a rental of $125.00 per month, both optiona to be exercised <br /> in the m�.nner provided in said ].ease. <br /> 5. The p�.rties further agree th�t party of the firGt part shall h�.ve the right to conduct the <br /> bu�iness of the s�.le of shoes and other merchandise on said premisea, shall have the right to re- <br /> model the premiaes in such � manner that they will be fitted �'or such use and party of the first <br /> part hereby agrees to install and cause to be built a new front on sa�d premises, aIl of said <br /> alterations and installation of new front to be at the sale expense oP party of the f irst part and <br /> not of other parties hereto. <br /> 6. The parties further agree that pArtiea of the second part shall stand as surety for the payment <br />'�"�'� of rent as provided in said lease by the party of the Pir�t part to the p�.rty of the third part <br /> and sh�.11 be liable for same during the existence of the term granted in said lease and the option <br /> contained ther�in but not during tY:e term gr�.nted by the exercise of' the further option for the <br /> term of five Vears as herein granted in case said rent is not paid by the party of the first part <br /> when same becomes due. <br /> 7. Parties of the second part and party oP the third part hereby agree to remove all chattels and <br />, fixturP� owned by them and nov�� situated on s�.id premises at their own expense and to complete the <br /> that th ex n e� of s id re oval <br /> and e e s a m <br /> removal thereof on or before �he seventh day of March, 1937, p <br /> z � them and that art of the first part sh�,ll have the right to remove said property <br /> b born solel b Y <br /> e y P <br /> J <br /> and fixturea in case s�.�e are not removed by said second and third parties by the time aforesaid <br /> and to deduct the expense thereby incurred from payments of rent until fully reimburaed. <br /> �. rt ia further agreed betv�een �he p�.rties that time is to be of the es�ence of this agreement <br /> and that if peaceable poasession of the property described in said lease above de�cribed is not <br /> given to party of the first part by parties of the second part and party of' the third part on the <br /> seventh day of Ma.r�ch, 1937, then, party of the first part may, at his election and option declare <br /> this agreement, a�signment and contract null and void and of no effect whatever and all obligatlo�na <br /> hereunder shall cease to exist. <br /> 9. It is expresGly understood and agreed by all the parties hereto that should there b� any confl.ict <br /> bett=-een the provisions of this agreement ar.d the terms oP the lease herein described the provisions <br /> hereof shall be con�trued as a modification or change of the provisions of the lease and shall ba <br /> para,mount and shall govern. <br /> WitneGs our hands this 27 day of February, A.D. 1937. <br /> Party of the <br /> first part Walter L.Stewart <br /> G.L.Evans <br /> Witness Parties of the C,H.Coates <br /> Second Part John A.Ochsner <br /> Party of the . _ <br /> third part Richard :�.Kuester <br />