HomeMy WebLinkAbout0844 be applied first to interest accrued as of the date of
payment and then to principal.
(6) Each deed to any parcel deeded in connec-
tion with this agreement shall convey good amd marketable
fee simple title and said title, in the Buyer, shall be
insured through the Lawyer's Title Guaranty Fund under a
policy to be provided by the Sellers at Sellers' cost.
SELLERS GUARANTY:
Taxes:
Sellers will pay real estate taxes on the subject property
until said property or any portion thereof is deeded to
the Buyer. Tax bills on said property will be divided
between the parties on a prorata basis according to the
fee simple title ownership of same.
Warranty Deed:
Sellers will issue to Buyer a Warranty Deed conveying
good and marketable fee simple title to said property y~
~ to said Buyer or to his heirs and assigns upon the receipt
~ '
~ of all payments called for by this contract. At said
~
~
~ time Sellers will also furnish to Buyer at Sellers' cost
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$ .
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e a title insurance policy i_ssued through the Lawyer's
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~ Z'itle Guaranty Fund insuring the fee simple title to said
~
~ property in the name of Buyer or his heirs and assigns.
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~
It is understood that previous portions of the property
~
which have been deeded to the Buyer under the aforemen-
~
~ tioned "release" provisions will not be included in this
~ final conveyance of all property.
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~
;`3 Access Improvements:
Sellers will complete road improvements to the property
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not later than six (6) months from the date of this ;
- contract and said road improvements will be cleared and ;
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~ graded at Sellers' cost and expense.
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