HomeMy WebLinkAbout0436 APARTI~NP 319-8
Living Room Kitchen
1 Padded seat rocker 1 Chrame dinette table with
1 Padded straight chsir four ch~ira
1 Sofs bed 1 Rafrig~erator ~ith freezer
1 Wall lamp 1~eta2 table & cabinet
1 Table la~p 1 Flill size gas atove
1 Floor lamp G~rtaina dc door curtain
1 l~gazine rack
1 Gas heater B~ck Bedroom
1 Overstuffed chair ~ foot stool 1 bed, springs and mattress
1 Rug and pad 1 table
3 venetian blinda 1 Cheat of Drawers
curtains 1 Yanity & stool
3 Piaturea 1 Tsble lamp
1 Table 2 Yenetian blinds
G~rtaina
Porch
3 Porch chairs Front Bedroom
1 Table 1 Bed, springs &?.'attress
1 Dresser
Bathroom 1 Yanity & atool
1~lindow curtai.n 1 Table dc table lamp
1 Sho~er curtain Venetian blinds
1 Hall rug Curtains
2. The total purchase price of above real and peraonal property is Eleven
Thoueand Dollars (=11,000.00), of which =50.00 hae been paid and an additional
g150.00 is to be paid upon the signing of this Contr~ct by the second partiea;
and the remainder of =10,800.00 is due and pa~rable in monthly principal sn~ inter-
est p~yments ae follows: 390.00 each on the 15th day of each month, beginuing
April 15, 1966. Said monthly pa~rments sha~l be applied firet to interest and then
on principal; said unpaid principal balances f'rom time to time shall bear interest,
after b~arch 15, 1966, at the rate of 6q6 per annum, interest p~yable monthiy. The
i second parties ahall have the right to p~y any additional amount on ar~r monthly
j p~yment date or dates, and to prepay the entire balance at any time, all without
E penalty or extra charge for such privi.leges of prepayment.
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z 3• iid valorem taxes on the groperty under ss?le shall be prorated as of date
~ of closing, with the first parties p~yir~g for same to the date of closing and the
~ second parties beginning with the date of closing. ~ente are to be prorated as of
~ i~arch 15; that is to sa~y, firat parties are to receive rents until that date and
~ second parties are to receive rents after that date.
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~ 4. The second parties agree to permit no labor lien, or :~echanic's lien to
~ be laced on above ro rt . It is mutual eed that this
~ p p pe y ly agr sgree~ent on the part
~ of the second parties does not infer an~y consent on the part of the firat oarties
~ to do arLything which might reault in such a lien, as the first parties expressly
~ decline to give consent to any acts by the second parties which mqy involve encum-
bering of above property, or the clouding of the title thereto.
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~ 5. The second parties will feep the dwelling and personal property insured
against loss by fire, extended caverage and other perils in the ainimw~~ aacount of
~ 312,000.00 on the dwelling and =1,440.00 on the contents, with loas p~rable to the
first parties as their interest m~y appear, said policy to be deposited with the
- firat parties, and premiums to be paid by the second parties. However, ahould the
- second parties fail to :~eep auch inaurance in force, or fail to p~y the premiume
thereon promptly, first parties shall i3ave the option, but shall not be requi nd, to
p~y said premiuma, and aqy amounts so paid shall be added to this Contract and ahall
~z bear interest at si.z percent {6~) per annum from date of such payment or payments.
't~ 6. IIpon completion of p~ymeata to be made by second pzrties sn~d 2nterest
~ thereon, ae agreed, first partiea covenant and agree to convey a good and merchs.n-
- table title to the sub3ect property to the second parties, their heirs and assi~s,
- free and clear of all liens and encunbra.nces, ezcept as to tazes after 1965 and
except as to such liens and/or encumbrances as may co~e into eziatence hereafter
~s? throug~i no fault of the firat parties, and ezcept as to such liens and~or
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