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Show ..... GENO _ _ _ __ Entry No. 852 Reoorded 2-2-1949 Book 509 Page 536 Lamont W. Passey and Violet P. Passey. husband and wife -to- Albert B. S~er and Gertrude H. Snyder. husband am wife !£.!.!.!!!!!! Dated 2-1-1949 Aolc t d. 2-1-1949 Hugh Vernon Wentz. N.P. Provo. Utah Seal Affixed Com. Ex. 4-2-1952 Consideration $1000.00 Witnessethl -----WHEREAS the parties hereto did on the 18th day of May. 1946 enter into an agreement entitled "Lease With Option to Buy". and WHEREAS. the parties hereto desire to olarify oertain proTisions oontained in said agreement. and WHEREAS. the party of the first part 1e willing to aooept the SUlll of One Thousand ($1.000) Dollars as full and oomplete settlement of all their rights in and to the property desoribed in said agreement. and WHEREAS, the party of the seoond part desires to deal direotly with the person from whom the party of the first part is purohasing. WOW. TSEREFORE. in oonsidera tion of the IrWI1 of One Thousand ($1.000) Dollars to be paid by the party of the seoond part to the party of the first part in 'the manner hereinafter ..t forth. it 1e mutually agreed by 'the parties hereto as followsl 'r'iE PARTY OF THE FIRST PART AGREES I 1. To aooept the SUlll of One Thousand ($1.000) Dollars as full and . oomplete payment for all hiB equity and interest of a~ kind and nature i in and to the following desoribed property: I Commenoing at the Southwest oorner of Lot 2, Block 21. Blat "A", Springville City Survey of Building Lots in Utah County. Utah; thenoe East 75 feet; thenoe North 154-2/3 feet; thence West 75 f.et; thenoe South 154-2/3 teet to the plaoe of bet;1.nn1ng. (Together with personal property) And to aooept payment of said lUIIl in the .aDDer hereinafter set forth. 2. The party of the first ipart warrantl that the title of the property above deloribed 11 good marketable title and that they have a oontraot with Gladys C. Niellon F11DO whioh was entered into on or about NOYO . UTAH |