HomeMy WebLinkAbout1857
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C,T. Ll;C:E Cr:tINTY, FlA,
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II broker a com,nlsslon of f1 ve per cent (5:') of the total purchase
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price of Five Hundred Fifty ~:lousand ($550,000.00) Dollars, or a
total commission of Twenty-Seven Thou~and Five Hundred ($27,500.00
Dollars, on}y if and when this transaction is closed, in the
following manner:
On payment of $110,000.00
$5,500.00
At the time of the receipt by the
Seller of each quarterly install-
ment of $22,000.00, the broker
will receive at each of such times
$1,100.00, or a total of
. 22,000.00-
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i Seller (mortgagee) receives payment of principal, shall be made.
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Total.
.$27,500.00
The said payments to be made to the broker only as the
without any interest accruing thereon.
If the transaction is not closed for any reason, whether
II due to any defaul t of the Purchaser or of the Seller, then and
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in such event.,
the broker shall not be entitled to any commission
whatsoever.
11.
Notwithstanding the option of the Purchaser herein-
above described in tnis ~rtlcle II, Seller shall have the privi-
which 1s
lebe of seIJing all or any part of the land/ subject to said
!i option (prior to the exercise thereof by Purchaser) to persons
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I other than the Purchaser, providing the following procedure is
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followed: