For the sum of Eight Hundred ($800.00) Dollars, which the said party of the second part agrees to pay to the said parties of the first part as follows: Eighty ($80.00) dollars, at the date hereof, and the remaining Seven Hundred Twenty ($720.00) dollars at the rate of Eight ($8.00) dollars or more per month. The full purchase price to be paid on or before five years from date, including interest on all sums at any time unpaid hereon at the rate of six per cent. per annum, payable monthly on the 19th day of each and every month in each and every year until said principal sum is fully paid.

It is a condition of this agreement that the party of the second part his heirs and assigns, shall use the premises herein described for residence purposes only except the Jefferson Avenue frontage. Price includes water, sewer, sidewalks and street grading.

Said party of the second part further agrees to enter said premises for taxation in his own name and to pay within .................. days after the same shall become payable all taxes, assessments extraordinary as well as ordinary, that may be levied thereon, including the state and county taxes thereon for the year 1915.

Said party of the second part further argees that he shall and will keep the building and improvements upon and to be placed upon said premises insured in a responsible insurance company, and to an amount to be approved by the parties of the first part, for the benefit of the parties of the first part until the purchase money is fully paid; and that said party of the second part shall and will keep the buildings and all other improvements upon said premises in good repair.

In case the party of the second part shall fail to pay all taxes and assessments or to insure the premises as hereinbefore provided, the parties of the first part may pay and discharge said taxes and assessments and effect such insurance, and the amounts paid therefore by the parties of the first part shall be deemed a part of the principal sum hereof, and become payable forthwith with interest at the rate of seven per cent. per annum until paid.

It is agreed, by the parties hereto, that the said party of the first part, on receiving payment in full of said principal and interest and of all other sums chargeable in favor hereon, and the performance of all the agreements of the party of the second part herein contained, in the manner and at the time above limited therefor and upon the surrender of this contract shall and will at their own and proper cost and expense furnish a Union Trust Company Abstract of Title and execute and deliver to the said party of the second part, a good and sufficient Warranty Deed of above described premises, free and clear of and from all liens and encumbrances, except such as may have accrued on the said land subsequent to the date hereof, by or through the negligence of the said party of the second part, and which deed shall contain the same building restrictions contained in this contract.

It is further argeed, that the party of the second part shall have possession of said land upon the execution of this contract, and shall be entitled to retain possession thereof so long as there is no default upon his part in carrying out the terms of this contract.

It is further agreed, by the parties hereto, that time shall be of the essence of this contract and that if the said party of the second part shall fail to make any of the payments or perform any of the conditions above set forth, in the manner and at the time above limited therefor, the parties of the first part shall. immediately after such failure, have the right to declare this contract void, and to retain whatever may have been paid hereon, and the premises, together with the buildings and improvements thereon and may consider and treat the party of the second part as their tenant holding over without permission, and may take immediate possession of the premises and remove the party of the second part therefrom.

It is further agreed, by the parties hereto, that the said party of the second part shall not assign this contract without the consent of the parties of the first part being first endorsed in writing hereon and on the duplicate copy hereof held by the parties of the first part.

The covenants, conditions and agreements herein contained shall be for the benefit of and binding upon the several parties hereto, and their respective successors, heirs, representatives and assigns.

In witness whereof, the parties hereto have executed this agreement in duplicate the day and year first above written.

(Signed) Moore & Veale Real Est. Corp. (L. S.) By S. J. Moore. (L. S.)

Thomas B. Townsend. (L. S.)

In Presence of

A. U. Smith.

Carey J. Cole.

State of Michigan, County of Wayne, ss.

On the fourth day of December in the year one thousand nine hundred and sixteen, before me, a Notary Public in and for said county, personally appeared Samuel J. Moore to me personally known, who, being by me duly sworn, did say that he is the Secretary and Treasurer of the corporation named in and which executed the within Instrument and that the seal affixed to said instrument is the corporate seal of said corporation, and that said instrument was signed and sealed in behalf of said corporation by authority of its board of directors and said Samuel J. Moore acknowledged said instrument to be the free act and deed of said corporation.

(Signed) Carey J. Cole. Notary Public, Wayne County, Mich. My commission expires Oct. 12, 1920.

Entered on the back of said contract is the following assignment:

Detroit, December 4th, 1916. In consideration of One Dollar and other good and valuable considerations to it in hand paid by the Security Investment Company, it does hereby sell, assign and transfer unto the Security Investment Company all its right, title and interest in and to the within contract and advantages to be derived therefrom, and said assignee hereby agrees to carry out the terms of the within contract.