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Shorewobid prepared by O.C.Simonds and Company. Second; 'It is further understood and agreed that the party of the First Part r Will,not later than Sept ember 1, 1924, oA,;truct on the street in front of this lot, a road of conorete or macadam withtarvia filler, of a minimum wicth of 12 feet;this �oad to be paved at the expense of the party of the first part. j It is further understood and agreed that the owner of this lot has a right of way to the lake on out lot 2 & 3 in Shorteewoo d; the location of said right of way r M to be dbsi.gnat ed by party of the first part. Third; Party of the second part,in consideration of the foregoing,hereby agrees t o pay t o the party of the first part,, in addit ion t o the payment aforesai d,th e fur- ther sum of Two Thousand Dollars ($2000.00), at the time or times and in the manner t'ollowing,to-wit;_ 35.00 or more on the 1st ?day of Oct. 1922 and 35.00 or more on the 1st day of each month thereafter until the 8bo$d amount is paid. All the balance to be paid at the end.' of 3 years. Pith interest upon each of said deferred payments at the rate of 6% per annum payable semi-annually; and further agrees to pay all taxes and assessments,general or speoial,whioh may be hereaft er assessed or levied on the. premises above desoribed previous to the day appointed by or according to law for the sale of such land for texes,or assessments,the taxes for the year 1923 to be paid by the party of the second part;and party of the second part further agrees not to commit or suffer to i - !b a eommitt e d any wast a or damage upon sai d premis es. Fourth; The times of payment above mentioned are of the essence of this agree- Ment and in case party of the second part shall fail to make any such payments at the time agreed on or within thirty days thereafter;or shall fail to pay the taxes cor assessments as aforesaid,or shall otherwise breach this agreement,part,_ of the second part sh.all,at the option of the party of the first part,be deemed to have • 1 abandoned and given up to the party of the. first part all right,title and Interest in and to the above described premises,.a.nd to^payments which shall have been made Hereunder and all.the right of action upoi or growing out of this agreement. First; The covenants and agreements herein contained shall inure to the benefit sof and be binding upon the respective parties hereto,and their successors",heirs, 1person3.1 representatives and assigns. In Witness Whereof party of the first part has caused these presents to be isigned by its President and countersigned by its Secretary, and has caused to be af- _ Xixed hereto its corporate seal,and party of the second part has here*nto set his hands and seal this 29 day of Aug, 1924,0 I