HomeMy WebLinkAbout2096 day period after sune 13, 1973, the purchaser ehall detexmine
at his own expense whether the title to 8aid real estate is
marketable. If title is marketable the sale shall be closed
on or before the expiration of said thirty (30) day period.
If title is unmarketable the Trustee ahall have sixty (60)
daye from receipt of pr~~f that the title is unmarketable
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within which to render tst~e marketable. Yf the Truatee doea
not render title marketable within saia eixty (60) day period,
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the purchaser, at his option, may either accept title in its
unmarketable condition and proceed to close the sale and pay ~
the balance of the purchase price as if the title were market-
able or the purchaser may cancel the sale by written notice
delivered to the Trustee within five (5) daya after the
expiration of eaid sixty (60) day period upon the failure of '
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the Trustee to render titZe marketable within the eixty (~i0j ;
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day period and the deposit shall be returned to the purchaser.
If, however, the Truatee ahall render title marketable within
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the sixty (60) day period the sale shall be closed within ;
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five (5) days after the Trustee shall notify the purchaser
that the title defects have been cured and the title rendered
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marketable. F
DATSD ; ~ , I97 3 .
Ref ee in Bankruptcy
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