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PARTY WALL AGREE::'SENT
<br /> THIS AGREEMENT made this day of July, 1954, effec-
<br /> tive as of July 1, 1954, by and between Grace Bentley Paine and
<br /> Bayard H. Paine, wire and husband, hereinafter referred to as the
<br /> PAI 1ES, and the West Third Development Company, a Nebraska coreora-
<br /> tion, hereinafter referred to as the CORPORATION.
<br /> WHEREAS, the PAINES are owner as joint tenants with right
<br /> of survivorship of the Westerly Two-thirds (W 2;3) of Lot Three ( 3) ,
<br /> in Flock Sixty-four (64) of the Original Town, now City, of Grand
<br /> Island, in Hall County, Nebraska; and,
<br /> WHEREAS, the CORPCRA=IOii is the owner of Lot Four (4) in
<br /> sold Flock Sixty-four (64) of the Original Town, now City, of Grand
<br /> Island, in Hall County, Nebraska; and,
<br /> WHEREAS, in 19
<br /> , 1506, the two above parcel s of
<br /> land were re-
<br /> spectively owner by George H. :_iller and his wife, and by Claus
<br /> Stoltenberg and his wife, and the ownership, in said respective
<br /> tracts of land, by successive transfers of title, has massed to the
<br /> resent owners, as above designated; end,
<br /> WHEREAS, on April 11, 1906,06, a party wall lease agreement
<br /> was entered into between the said Liiller and wife and the said
<br /> ftoltenberg and wife, providing among other t "in ;S, for a lease to
<br /> cn Ol the then owners, by the ad o in i ti
<br /> " owners, of a .strip ground
<br /> _iC
<br /> of r
<br /> ^
<br /> eight ( oil ) inches wide and the 1
<br /> u--.;, e er:tire length of said lot,
<br /> rtherl;, and
<br /> no and southerly, along the : arty line between said
<br /> parcels
<br /> of land, which said agreement provided i
<br /> -,� 1e-- �� cvidea n part as 'ollo::;s.
<br /> "It is further agreed t-ent � .
<br /> su ��.a 1 shall be built along
<br /> said amine so far +r ;
<br /> e r� . firet tr c+
<br /> sane shall� '7csi re
<br /> to use same and that either party hereto the may have
<br /> ex-
<br /> tend sai^ well as far i , a s they may c O c at any time under t r uei t-on o� this uson g, _r n t _e other `r y trim - ac '
<br /> notice
<br /> in -:,ritiree of such nten sio ..
<br /> It further a Tree _ t first� -"��, <., said _rs� Ua.T'ti es are con-
<br /> templating
<br /> t- e erection of- a wall-- first, tr_e,, shall erect sal d
<br /> in a good workmanlike manner as ago 'e stated,
<br /> ` s t trr one or
<br /> said
<br /> wall a
<br /> ll to 0: -,^ each side of the .a' d a_vision line as their sole e .
<br /> or -o cost and, to be maintained them cis they rEta n the sole of same and the said party of the second ^,art shall have the which is hereby Fronted + Jse, utilize and enjoy aid wall ar p t thereof
<br /> at any time they of the first ;=art time may elect ur�,n payment to sa:.i';.
<br /> used first _ to one half the roper cost o' the
<br /> value thereof „o he determined time
<br /> c:es; and in case they cannot agree the � �m e say d use ,-,or ryes,
<br /> can o .- ee On said value then each s ,11
<br />
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