Alma record. (Alma, Mich.) 1878-1928, 1907-04-10

OF money in labor as provided for here
in and all other information necessary
to intelligently apply this contract to
the SUBJECT matter under consideration.
And it is agreed that the said first party
shall be entitled to an examination and
inspection of the business OF the said
second party and OF said books of ac-
count and records and OF its assets and
all other papers, documents and pro-
ceedings to enable il to determine
whether the said second party had per-
formed the terms and conditions OF this
agreement and thereby entitled to the
conveyance Of the premises herein des-
cribed.
FIFTH
And il is agreed that SO long as the
second party shall do and perform and
discharge all of the terms, conditions
and provisions OF this agreement on its
part to be done and performed, that it
shall peaceably have, hold, use and en-
4 JOY the aforesaid described premises
without other, further or additional
compensation to the aforesaid first party
therefor; il is however understood and
agreed that default in any one OF the
matters and things Tor of all of them) on
its part to be done and performed as
herein set forth shall constitute breach
of this contract and which default shall
make the said second party holding
over said premises without right from
the date OF such breach and entitle the
said first party to the immediate pos
session of said premises. And in con-
sideration of said premises it is espec-
tally agreed and understood that the
buildings to be erected upon said prem
Uses shall become a part OF the real
estate and permanent fixtures thereon
so far as this agreement may effect the
same and that as such they shall belong
to the owner of the fee OF said lands on
which they are located, and that as
against the said first party the second
party shall nqt SO long as said record
title remains in it, have, own or pos
sess any legal or equitable title in and
to said lands or said buildings
SIXTH
Ii is further mutually agreed that in
case the said second party shall at any
time during the life OF this agreement
have failed or neglected to perform or
discharge all or any OF the terms and
conditions of this contract on its part
to be done or performed, that such de-
fault or neglect in any particular shall
have the force and effect of making said
second party a tenant at will OF said
lands and premises and as one holding
over possession thereof under and con-
trary to the terms and conditions and
provision OF a lease or agreement under
which it went into possession thereof
and that it shall be liable TO be pro-
ceeded against at once after such de-
fault under the statute authorizing sum-
mary proceedings to recover possession
Of lands In cases Of forceable entry and
detainer and the amendments thereto;
that such default shall have the force
and effect of forfeiture OF all the right,
J title and interest of the said second
party in and to said premises and under
this contract for the acquisition thereof
hereunder. And the said second party
hereby in consideration OF the premises
valves as in writing all notices TO Quit
and deliver possession of said premises
as the tenant Of the said first party and
it hereby authorizes the said first party
Immediately upon the default Of it, the
second party. to proceed under said
statute to recover the possession of the
said premises And the said second
party agrees in the event Of its default
in any or all Of the matters on its part
to be done and performed as herein pro-
vided, and that il will peaceably vacate
said premises and permit the said first
party to take like possession and control
thereof.
In WITNESS WHEREOF, the said parties
have hereunto caused this instrument
to be executed by its proper officers and
the seal of said corporations to be af-
fixed on the day and place first above
written.
Signed:
) The LITTLE GIANT HAY Press Co.
THE ALMA BOARD OF TRADE.