M-353 - Laserfiche WebLink

Browse

��.,� 353 �, � -- _ __ __ _ _ - _ _ . _ _---- -- - --- -- -- _ __ __ , PARTY AALL AQREEMENx `� � TEiIB Aa�iEEI�tE�?T made this 15th day of August,1910 bq az�Ci bet�esn Peter C.Kellep and V3rgie Be31ey his wiPe, partie�''of the �ir�st part, and dld` State Bank,party . of, the �aecond part all oP Alda, Hall County, Nebraska: 1►ITNE38ETH: 1 T�AT '�FIEREAB the said peter C.Belley ovms a part of Lot Five (6) oP 81ovk Aineteen (19) of the Or�.ginal Town of Alda, Nebraeka, and the�A�lda State Bank is .the orimer of the south fifty- , �ia (56) �eet of the ReSt twenty-two {22) feet of the same Lot Five (5) above mentianed an�i Where as the said part ies hereto are desirou� �hat a party wall should be erected upon the boundary line between the3r raepactive port3ons of said Lo�: That for a�d in consideratin of the agreements herein cont�ined and the payment of One , Dollar by the second party to the said Peter C.Belley, the said�party does hereby, aad bp these , pre�ents, demi�e and lease unpo the said--Alda State Ban� a $trip of ground eight (8) isahes wide or so much thereof a� �ap be needed for the purpo�es herein set fo�th, upon the east side ; of the bour�darg line between the respective portions of ea�d I+ot belonging to �ach o� the parti�s hereto, which boundary line bet�een them begins at .a point on the s�iutherly boundary line of said Lot five (5} of Block Nineteen (19) of the Original To�rn of Alda, Nebraeka, twenty -t�vo (22( feet . , eaet from the southwa�terly corner of said 1Qt and runa��i�z e northerly direction at rfght angles ��I to the aoutherlp line of aaid lot f�fty-eia feet, which bounde�ry line between them is parallel ta the westexlp bound�ry line of sa3d lot for the purpose of erectin� and maintaining a party , wall thereon with proper footing thereunder as hereinafter sta�ed. . And ths eaid second party on hie par� in consider�.tion of the agreement herein contained and the payment to him of One Dollar from the said Peter C.Relley does herebp demi�e and lease • unto ths said Peter C.Kelleq a strip o� ground eight (8) inches wide or sa much thereof as may � be needed for the purpose herein se� forth, along and off the �asterly boundsry line of the so�.t h ° erly fi�tp-$ia (56) fsst of ths wsaterly twenty=t�vo (22) feet of said Lot five (5) of Bloek Nine- i I teen (19� of th� Original Town of llda, Nebraska, for the purpoae of erecting and maintaining a � p�►rty wall thsreon wi th proper �oot ing thereunder as r.ere inafter atated. I, � Thia agr�smef�t inalndes eigh� (8) inehes of land on eaah side of the dividing line betwee�n i the two respective traats herein set out and ia made for the sole purpose of allowing $ perty I� wall to be erected along and over said dividing line bet�een the said two tracts of land and sha]l , . `} be and continue in force so long as said wall When erected shall stand; or so long as either party hereto shall desire to maintain the aame. Sa3d Rall to be built of brick, stone or eement blocks and if a basement wall is constructed, the same ta be of the materials harein mentioned and to � be built of au�ficient strength and thi�:.�r�asa to carry at least a two storq building �►ith Yoot- ing under said basement wal]. at least-------- inches in �vidth upon either side o� said boundarp 1ine,the center of said wall to be eaaetl� �over the dividing line betmeen the respective tracts herein $et o?:�t. A14�! W�iER�AS the partp of the �econd part is noW ready to build a party wall ext�n-- ding baek Prom the front of said lot forty (40) feet and the same tv be about upon the boundary line herein described and the paxty o� the first part is now readp at this time to �oin �n erec- � ting said �rall, it ie agreed that the party of $econd gart is to erect the same aa soon as he may , desire, one hal�' of said wall to be upon each side a� said dividing line� and the same to 'be built and �r�cted and maintained at the sole charge and eapense of the said party of the secand part, so long as t�ep retain the aole use thereof. I� ia understoo� and agreeci that only such portion of land mutuallp leased herein sha11 - i be consi��re� used or_ under the control� of thp ot�ier part� as sha11 actuallp be used �or erecting ` ; s a p art y �al l up on. � " ' hereby < ; It is further agreed that the first par�y hereto, has the ri�ht e�hich is�grant�d to them �� or either of them to use,utilize and en�oy the whole or anp part o� sa�d party �►all afi anq time �� , . � . � they may desixe to do so conditioned only upon� rirst paging �o the perty of the �'iitst pa�t �� ��; ; � � � . : . � : �..