HomeMy WebLinkAbout1783BOCK
- 3 -
(f), Fuel on hand shall be adjusted -
5, The said seller upon receiving the payments as aforesaid shall at
I; her cost and expense execute and deliver to the purchaser a warr:~nty ci~•~~<1 t<, ~
,; an abstract of title ~, i,, ;,;; ,, , ,,, ,;
~,~I the I~I•ernises~an~l a 'gill of sale to the l~e~r:;<~n:il rl~c~l~~ c~'.~ .
~..
~~ur~•has~~I- hail have p,~tises~ion o` ~a;~l 1~~ E•iui-~c~ :~~<<.i i,~~i~~.~~r:~] i,r.., ,, ._-
.I:Inu:~r)- 1, l!r?
g, The purchaser agrees to keep the premises Ilisured at all times
or the benefit of the seller in an amount for at least the unpaid portion of the ~
purchase price; in addition thereto the purchaser agrees to keep the premises
in good repair at all time at his own cost and expense, furthermore the pur-
chaser agrees to keep the personal property in good repair at all dunes and
agrees to replace such personal property
otherwise destroyed.
as may become worn out, lost or
7. The purchaser agrees to operate the premises as a hotel with ro
for guests and with a restaurant an d it is the intention of the parties that the
purchaser shall maintain the hotel business and restaurant business at all
times in consideration of the fact that only a small down payment is being ma
8. The purchaser agrees to make repairs and alterations to the pre-
rnises abode described to the extent of approximately $32, 000.00 with the
intent ion of improving the premises and further enhancing the security of the
seller. -
g. The purchase~~ agrees not to assign or transfer this contract with-
out the written consent of the seller.
10. This agreement is to apply to and bind the heirs, executors and
administrators and successors of the respective parties hereto. .
IN WITNESS WHEREOF, the parties have tie reunto set their hands
O~a~ove written.
~.nd seals the day and ye~z~,~f\~ u ~1 ,~~~/ -
~j' ` `'~-~:=`•~ ';,' " PIE CE HOTEL COIVIPANY, IN
es . ;;,,. ~ ,- •~ =FOR
~~ ro
~~ ~ ~ R
i ~'