HomeMy WebLinkAbout0891 ~hiah e~r in~ol~~ •Aa~abering of sboY~ prop~rt~r~ or th~ alwding of t~h~ titls
iher~te.
T. OpoA ao~yplslion of gyMnts to b~ s~?d~ Dy s~oo~d p~rti~~~ ~nd lo-
t~rrst th~r~on, w~ agr~~d~ first parti~s oo~~nant snQ asrs~ to ooan~ a sood
and ~rehuntaDl~ titl• ~o th~ sub3~et prop~rty to th~ s~oond parti~s~ fheir
snsfi~or~ b~irs uad ueip~~ t~w aad ol~ar ot all li~n~.snd wanaDraAo~~~
~p• s~ to ts~a a!'t~r 1964• and uce~pt as to a~?oh liu~a wnd,/ar ~~o~i~braao~~
a~ ~e`y oon~ into ezisteno~ Aprssri~r ~hso~ as fwlt o! th~ tis~t parti~s~ a~n~d
szoept sa to suah _ liena aseyos ~aa~u~LranaN sa tD~ s~oond p~?rtiv~ se~,p haw i~-
pos~d or p~~itt~Q to D~ i~pos~d oa ~sid titl~.
8. 1'hs s~ooand partie• wil2 kMp th~ prop~rt~ i~anr~d episut 20l~~ Lr
fire and ozt~ad~d ao~r~rap in th~ aini~a aaount o! i4~000.00~ d~b loa,~ pyr-
abl• to tbe tYret parties ai tdair iat~rr~t wU? epp~wr~ raid polioi~• te b~ '
!
d~posiwQ witli th~ lir~t psrti~s~ and pr~aiuss to b~ paid by tM s~ocand yas~
ti~a. B~o~v~sr ehanld th~ Noond parti~s fail to k~e~ snah iniuraao~ la foro~~
or feil to p~y th~ ps~iu~s~ th~s~eo~ P1'o~Pt1Y• fire~ paarliN e~ll h~~ tb~
optioa~ but ehsll not b~ r~qnired~ to pa~r said pre~iu~, ar~d ~ aatwu?t• ~o paid
ehall bs edded to thi~ Coatraot eu?d sha21 b~ar interest at 6g: per mnua from
date of ench F~yntent or pa~rwnts.
9. In cae• of the failur~ of the s~oond parties~ their sur~itror~ h~ira
and assfga~, to ma~ce ~ither of tb~ paya~nts~ or a:yr part thereofs os to psrtaar~
seyr ot th~ oo~e~c~nt~ ai their p~rt h~raD~r sade and wtend int0~ sad woh lail• "
nro or d~tault shall continn~ tor • period oi ~ore than 31 ~s, thia Contraat
aII~ll, at tb~ optian of the fisyt par~ies~ their h~irs an~ a~aipt~~ b~ tts~ir~
sted, and all a~ounts paid he~'euWd~r si~ell be the prop~rty of wah first parti~s,
thsir heirs and aeeigas~ who ~t?all han the ri~ht to re-~nt~s and tak~ po~Nasian
of abo~e prop~rt,~~ wlthout ~otiae~ without sait or l~gal proaNdinss wad dtha?t
b~ing liaDl~ for aqy sation to oth~r rights ~hiah they ~a~r han in ths pr~ais~s~
aad iad~l~ Dy said tirs! parti~• shall a~ot b~ lak~ or oaasid~r~ u~oas~at~ -
ud ia t!N ~ant ot w Dr~aoh ot thia Coat.raet th~ aoond ps~rti~s~ th~ir aas+r'itar~
doirs~ l~gal reprss~ntati~e~ aad assigna, hlr~b~ aar~e to pe~y R11 ooats ana
f p~n~• of ooll~e~ing an~r ewo~nts dw h:renad~r, or othorwi~ prot~ati~ th~
~ right• o! said fira! parli~s, tL~ir ht?irs, logal r~preaeatatirys, aad a~sigas~
= inolnding a r~auaDl• sttorn~y~• fe~. And~ in ths ~~ent !'irst garti~a s~all
' ha~e an ogtia~a pro~idtd elon and ~~e aot e~rciaed t~w sas~~ aueh t~lasr !o
s ~seraiaa suoh aption shall not b~ a wai~~r nor a bar to lat~r e~roi~~ ot sno6
~ optioa.
~
~ 10. It ia ~utual2~ agrf~d Dy ths c,~arties her~to that the ti~a or ,~a`ys~nt
: shall b~ an ~~sential r~art of this Contraot~ and that all covenante and
€ ~eats hsr~i~ •hall ezt~nd to and b~ obli~atory upcw tQe sus~i~ors~ h~irs~ and
~ ws~ip~ of th~ syepeatiin parti~s bor~to~ aad~or theiar e~uautora and sd~lais-
~ trators.
~ -
~
~ Ilf ~IT!['~S ~rHE~r'~t th~ partie~ ha~~ h~r~unto s~t th~in c~~nds and s~al~~
~ thts day oi F~bivar~r, 1965.
~
~ ~
~ .a,~~• '
R: (s~,~
= In th~ pr~s~no~ of~ A. x.~1 osall
~
~ /
~
:;~AI.)
al Kwosslls
.
_ Z• lt5~
lDy (s..au.)
witae~4~~ aa to first partio~ Aatho~y . Dibo .
~~~c~cU "l
'E3 ~
~ , ~ ~ io. Dioo
~ ~ rIRST PAItlI:~
~ _ ~ -
,,q ~ - _ Zw,~ /
- e 'L 1
- / t%~ a~ ~t(E. ~ ~ ~ :~~rc- - -
pOll~~,d R~ HO~lio~ll
~ -
" fraN~ a~ fs ~~o~o~ parti~• ~ , C. 7 ~E,~L
, u =
9~~[ ~ ~ B~ ?~0 ~
.
~ - ~ _ `i`: , r ~
_ . _ _ . _ _