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HomeMy WebLinkAbout0227 o~r.n~? , ~~G~ . ~'I'~~}~i~:~~;i?: ~~c,tc I:i~.ni. l:~•r:~'ri•: 7'~,:1NS,~c:i'iU~~q1~~ *nr-, ~tt th.~ o~flu.~ •c~f. tl?~ ~;.~llc•r, i}ir• ;;~~llc~r. r~~y :cuj~,~t}~ i~~tlr_ ii~suYc~ncc al- iht~ cY~::h. of tl1~'~ S^ll^r t•~rili_c•r~ o:i C1~:icayu 1'it:lc 3n~~u~.ncx: CCx[iki»y .i ~ g *~or bir..i~..•r of titlr. ins:tra~i~~~• ~:1.it.tcn Chici~lo ~'.it lc' IIlSl1Ci2YlGY~ Cac~~ny A} YII?F:KCE OF TITI.f.: lhr S~tl,r ah ~Il,..ithi~~ .~~_di~~~ (It d:~~: iift~i. ~I~~~1, ic not f~11rJ ii~) furni:h to 1Suyr? a com~~lrtea~+slraCf ut tille prepa~. t y:~ r. pul: hle art~.l~iil /~rp~ putpu~t~u~: t.. hr :~n ac. u~.~tc• I~t.p~i~ t~f !hc imtrur~rnt~ affa•i lin~; Ma /i1L•• t~? !hr ~r~~ ~~..~~ny ~r«.~ara ~h~ rut,rc R«.,~. of t1~.~i c~~unf~ l~~ N~r dalc o( Ihic Cu~~tre~t. ~h•.~~in,[ in Ihr $cllit ~ m.ul.rt.dd. ti!1~ ic aC~ur~lantr ~~ilh titir al~nd.~~tl~ adup tcd from lime tu time by t' t I~~rii!~ It.u, ~:~bjrct trnly lo lien~, encur•~h::.ner.reatrptinns u~ qu~lit~c:~linni ~~t /utlA in lhi. eonltatl a~~d thn.t ~vhich shal) be distha~~ed Or Stller al i t~/~~~r tl~~.in}t!tu~cr ~hall h~cr (iitrcn (1~) d~y? (~an~ thi• d:~lc uf t~t~•i~int ~~iJ al~alr7~t 4f liU~~:i~'. ex:?rninr sa~nc. litleit(uundluNt defettive.lc F+..~~cr ~h.~ll, ~.ithin aaid pr~iud. n~~tify th~ ~:•~I,r in ~.ritio•, spccil~ing Ihe d.frct.. It thr saii drtec~. ri•~~drr the Ii11r unrna~ketahlr~ Ihe Sr11er sAall n.•; t~ (90) d.~~~ R~nn rrce~pt ~f ~uih :~uti.r 1~. ~ urr lhr ~r~rc1~. anel if a(trr s:~i.l prriod Srltrr sh ~tt u~.t h:~ve currd Ihr dtf~ets.lsu~ei shatl havt the opl~, of ( i),ccap:in¢ titlr a. it thrn i., or d~m ,:~chr~t: a rr(und nt ;,11 ~u~~uic. paid I~rrruuJrr which >h:~ll lurth~~ilh Ar ~rturned tu the buyer~ and thercu~• i thr I~u~rr :?nd S:Ilrr ~lull he relra.rJ ui all h~rtht r uhti~r~tiunc und,r lhi~ ('uutr~cl. . k~. CC)\V1:Y:1KCk: ~~l;er shall can~•ec tiNr ti? thr ~uhjrrt pu~pa~ty [o Hu~rr by f~?~~~ta~~.~nty 1)red subjrtl ta• (1) sonin~ and/or rest~ietions z; ~~rohihiti~~ns i~apt+:cJ by Fovcru~nrnti~ ~:~thocit., r.ytricti~~iu and ~naltrr. app~.~nn; ~~i~ thr pl~t and/~~r ta~nn~on to the subciirisioo. O) Pun1iC util? r.~ c~ incnh of t~cutd, pruvulyd ~aicl r:+?cmrnt~ arr Ina~atcd ~~u the aiJr ta tear 6n.s ot the propr~ty aaJ arr not more Ihan six feet in ~ridth. Isxes fo~ t, ~ rar o/ ci~>io}, and (S) olher matlrrs sperified ~n thi~ C~aitraLt, if any. `Y`-t~.~~`ccs":'c+:;tc:"ttfY..t-`Ytr-~'-'!-r~'-!"tT. . . :tTtc:tr:nr'ir-•r.~-::r-Trrrn i.. , ' ~ nrtfi-t . • i~~e~ r.•.t ratr, an,.Z:trrthr+-ik~t~~-~rtr.~._~ ie i~~ F~~u:l al:~udioit. U thr~. ic a ch«rFe far d~r d~~n,. uf a•.vnrt~hip record~ by the murtragee. it shatl bu . r,~u:~lty t+y the rarlir.: It~ tht Ir,,n.~cu~•.. thr nu~rt^.:~^re d~.ee ni•t accrpl Ihe Itu~e~ I..r purrncrs of aeeu~nin~ Ihe exis~inY mort=ate encumt in~ thr aubjt:t ~te.~+etly. ~~hrrr thr n?nrt~.~tic iuttru~neul ~ry. rz-.nv~ ~tauce, Ihtu auJ in ~bal evrnt, Ihr ltuyer at his upti~.n may cante! the Contr ' an~l ;~II tnu~irs parl m~ thr ~?~.~n~~c shall Dr trfw~dc•.1 ti. him~ir . t.a ~rlroctd irum sll lurthrr obliga~ions.Aoyvariaece in ~ ainnunt uf a murtgaaa t~. hr a~cun~.d (re,m thr amo~~nt stitrd in tl~r Cuntract ~h~ll br aJdeJ t~. or r< , cash paymcnt or tht purchase ~ovn murtZ;aEr, aa lhr Itu~rr m:~y alect. In thr cvrnt sssch inart~.,_ ~ balancr ic ~no~e than three pr~crnt (~~ii) le~s Ihan thr aoiuun conttatt, t . . . _ . `ra.ia-e - 1~. YUItClIr~SE I~tO~EY I~IURTGAGES: Any purcha.t ma~~ry nntc and ~ncnlbage ah:~q follu~v tho forms ~enrtally scccpted snd used in the eOUntr v?h. the fand ia l~.cataJ. A purchaee rnonrr mo~tgibr ch:,N proviJ~ fur inw~ancr agnin~t lo~s by lirr ~vith extroded co~rtage in a~ amouot nut less tAsn the i, insurahlc ~alue of thz impre~rrmrnts. ln a fic~t rnarlgagr, the nute and m~n trac~ ~hall pr~widr f~~r accelrratiun, ~t the option of /he holder. sltn thitly ( i d~y. drfault and in a srcm~d mnrtbagr aftr~ trn (10) days Jrhull. Setund mort;;a~;es ~h:dl rryuirr Ihe c.~.nc~ e.f Ide pruperty eocum~errd by said matg.! t~~ ~.rrp a11 priat li~ns anJ encumbrincrs in gnod st:~ndi~~g aud furbid Ihr a~~~~r~ uf the pruprrty in.n~ accrpting muditications o[. ur future sdvantes. uu•` a~ri~.r mortgagr. Duyrr chill Aare the ri~ht lu prrpay alt or any p:.rt uf thr ~•rincip~l at any ti~ne or times ~vitb interest to date ot j?aymtat without p` atty and said payme~~t~ shall apply ag~inst th~ principal a~n~untc ncxl maturing: in thr e.~rnl Ituyr~ exccutes a mortrage to one other than the Seller. < cusb anJ rharers incid~nt~) thrrrtn ~ha1! be ~aid Dy thr tte~~er. F. CUK~'t Y: The Ruyrr~ witAin fhe time allo..eJ tt?r delivery of cvidtnce uf fitlr and caamin~tiun thnreof, mar have said pto~+ertr survtyed st his•( ~•ensr. If thr sut~rr aAt.as any rnctuathmrnt aa said p~r.prtty ar that the iu~prurr~nrntc int~ndri 1o be latatrd un tl~t subjttt pruperty in faet enero'e' on thr lindc af oN~rrs, ur viul.~t~ any of the eo~eeunts hrrein, thr >~uir sh:Jl br trratrd as a IiUe de(ect_ • ' =1si:L~-7:JG3~.~-F?:..~--i-.- ' - • • ~-.-.~w-tt.-{:t~yr.-~.!~rF~-lrwr-N '~•r-++~=-!--1tr#?Stiri~rtj.~t~ • ~ . at~ng cuinp., r~~nin? ~~l~ethr~ thrrr i. any activc ter~u~tc er ~vtwJ-clrstr..~ing ur~inism ur tot ~.rt~rnt in any ~mpro~ainenh un said ptopetty, O~ . d~~n,~.e (rum ptiur trnn ••r.il drstrnyir~~ org.~nicm or rol lu taid impro.cm+nts. If thrrr i: any suth in(estation or da~na~e.ihe S-11tr shall pay ' co.t. ot trratmrnt and rr~airir~K au:. . • ir~ all pc~rtia~~c 6! s.~icl im~rovrrne~ts ~chich arr infest~d or harr beeu darn~gcd; provided, Aowe~er. in * ~ e.rnt thr eo•t te. be ineurrrd is n~orr than thrr.- ) uf the purcha:e ~~ricr, Ihrn eitlerr p~rty m:~y canerl thc eonlra.-t ~v~thin ten (10) dars ot ce~~~t c~f thr hrmilr insprcliur~ ra•p~.it and co~t etitim~tr fur e tc~ ' .•~min~t~ans anJ necrst~ry rep.~ir., by givin~ ~vrittrn rwticr to the other Party- ~ G ItiSliltAivfE: TAr pre~niuiu an any haiard in~u~:~ncr pulicy in fr.rcr cu~riu~~. ' ,rnrntc on th~ sul.joct properly, shatl be proraird btlwtrn t p.~r lir., or tha pulicr ~nay f+e c~nerllrJ ac thr Ituytr ~n~y rlretJf inxuranee is to bt p~t~rala•. Irr sh~ll,oo nr 1•elote tlosin~ dalt~ furnifA 1o t l:uycr all incur.mtr pulicir~ ~?r cupiec thrrr~~f. L EASES: Thr $rllrr ah,ll, p~iur [o du>in; , furni~h fa [A~yrr et~pir~ pf :dl ~~titten Ic:?srs ~nd rslt.pp~l I~tlrrs from t:.tb trnn :n2 tht nalure : dur.~ti~~n nf said trnantb uttup:~ncy, renl.il ratr, :~dvancr rrnlti t~r arturity d~pncit~ ~~.iid G~ trnint. )n Ihe e~rt~t Srllzr is w~~blr tn ubta~a ' s~~ lrrtrr~:rrr.ir-tc-rmts; tttz-s*rr*-ir.f-r.mstirrm~:Tir-fr:rms!~rcft?rsc~l-rt~*-lhrjcr-inth-fr:rnrvf:.-~*_!l-r~c-hffi~:t:it- l_ ~•:l.C11.\[~ICS LIENS- S~Ilrr ~.b:.q furni~h tu thr Ituycr ~t timr nf d~.~ing .n aff~tlasit atlretinc the abcrncr of ~~r tlaims of lien ot poter.t' L~ n~~r. kuo~vn to Ihe Sellrr nuJ (urU~rr altc~ting tt~:~t thrrr 1~iv~ brrn im`~u.rinentc li? thr sul,j_cl proprrfy fur 9~ dayf immeJi~tely ptetedin~ t d.~te uf clu~inp.. If th~ pruperly hac b~rn impr~.ved ~viU~in s~id timr, lt~~ Srllr~ ~h:~ll drlivrr rrle:.c<<ot ~.-airrr af all mrtha~~icslic~n, executrd Lr ~rnr c~~ntr.,ttnt~, ~nb-t~~nt?:.~U.r>. >upplirn, ur malr~i:J~n~n, in aJJitinn b?$allrr's rorch:~nit lirn afhdi~it Sclliu; fnrth Ihc namcs of all such genenl eontr.: or., ti~sb ci.nlr:~ctur., uq~pli+c ~nd m.drri.~hnrn and farthrr ~rriling Ihat in facl a!1 biUc tnr ~~ut~: tcr tt~c Subjcct property ~.fiich couW scr.r as the basis i~ a ~n,ch.n~ic's lien h~vr brrn ~.:~iJ. . 1. 1'LACE: UF CLUSINC_ Clu+iuy, shall hn c~lJ aI d~r aff~cr uf Ihr 1luyrr i:II~~1fl1C~l IPCJIC(I \~Illill~ Rro~.arJ Cuunfy; ii teol.lhrn at the offiee oT ` :rr'~ ~tl~rn~dy_ JF' i I F: 1~r )('U~IFNtS FO(t CI.US1~7(::~,~: ~~tl~4nry sh:dl prcp:ur dt•rtl, mcth:u~i:'~ licn :~ftiJa~it anJ any c~.r~rctivr ny~lru nrnl Ih~t may 1+e teqnite:. cn~u~rc [~„~r ~.ilh p_•rtrclinF; 1hr tiNr. L'uyar'> aU~.rnry ~vitl p~r~.:~rc tlu.iny; ~t:~tr~nrnt, inurl„~~r and ui..rt}t:~, r uutr_ Fl~i S~ltll.~ 5;1.1J} fJC~ . f- \1•E NtiES: Ctate turta~ aud dr•cu~nrnt:~ty sl:~nrj•c ~~I~irh arr rrip~i~rJ tn t•~ :~fti~rJ l•r Il~r intlnnn_.~.,.t~.y~: re ~f~ta~irF~ia i ' ~ zt a fd~,~('~.~~ ~ ' ! n ctivr i~~~lr~nnrnfc, int~urihlr pr~su~~~l prt~pcrty ~J\rS anJ the cus[ af rr.~nd~np, Ihc {~urch.~:•- munry mt~tl;i,^.r. if woy, sh:Jl f~r p:id br th~ Cr•; j 1>~,c um: „I.~ry atamps tt~ ta ~fti~rd to thr nt?tr ur not« srcurrJ I.y thr purch.~~r munry nm~ I,::~,.r, if any, and thr cc?st at recordiny IAr crtJ shap bt p~ F t•r ~hr L'~~y~r. i tit. PN.OItAIlUV O} 7AXt.S (Itl-:AL ANI) 1'F:Ittil):tAl.): l:~a~s sh:~ll l~r prvr;,tcd h_~srd on Ihe currrnt ycar's t~a ~vilh dae allu.•:,ncr tNio~t made for r; I m~>.irnum alluw~file diccaunt antf te» hnmretr:~d ur athrr e~emplirmc i( a11u~.;J (~~r s~id y~ar. If Ih.- clocinp tKCa~s at a dale~~l~rn [hteu~rent ~'r~ € ! t i~rc arr nr~~ (iz+d, anJ thc currrr~t yr:~t's at~r~~~nrnt i: iv~il:~hlt, ta~cc ~vill hr prnt:~lyd b:.:,d upt.n suth aiir>~mrnl, and thr priar yr~r i millagt. I! t;< c urrrn! ~rar i a~trti.~n~nt ic ont avail~hl~, Ihrn ticr~ ~vill he ~Hh(;~~rd r~n thr ~~ri~~r yrar's la~c, prm~drtl, h~~nrrrr, if U~~r~• rrr eumplrted impra•ementc ~ E th.- cuhjrct pr~micrs hy 1auu.~ry Ict uf thr yrar elc.~ing, ~~6i~h inepruvrtnrntc wrrr n~~I i~ czictr:~rc on lanuarylsl of the ptior raar,lhrn fAr ta•: j ah ~II br prut~IrJ ttr thr d:?Ir of tlt.~iuY b r,cd u~•~~n thr ptinr yr:~r i mill.~y,c an~l a~ :~n cquit ±t•Ir :~~•.c.~rntnt lu I~r ~grecd u{~t.u I~ch~_rn the p~rlies, ~ail' ~ ~ ti~h~ch, rrqne.l ~vill be ~n:ulr f~. th~ ct.unty t~a :~.:rcv.r (~.r an iufnrnr.d :~~~r.~tnrnt, t~kinp, into C~•n~idc~:~li~.n h.~~ne>Ir~~l exr~npli~.n, if yny_ Iloweref, - ~ t i~ •~rar.~tiun h~:ed t.n y~~ e~ti?n:~tr tn~y :~t fhe rrqur.l ~.f eithrr p~~ty lu IAr Irau~actiun, be wMe~~ucoliy tc-ad~u.trd upun rteript of ta~ bi11 and i st+=~ ~ r~rnt Ie~ [hrt rlhtt ie t~r br crt (~~rlb in Ihr Ne•~in~, sl..[rmenL ~ { F'ItUft,\llOtiS ANI~ FS('Rf):Y ItA1.APf('F'r "1:,~r~, f~aiard ir~~~~r:~ncr, u~arl~•.+~~ {~n~raotrr i~~;ur:~ncr, inlrrrcl, utiliti+s, n•nlc aud e•ther expentcs a j ~ r, , en,~c i./ s~iJ proprtty shr~U bc pnrt~trd ati r.f J ~t~ nf tln.ini;. Srllri sf.ill ret. ivr ac er~~ti1 •rl tl~.cin; , an amou~d ryu.d t~. the eser~~w funds hdd bp i i,,,rt~•~,~c~, v~hich f~~nd~ ah.~ll lhrrrupun br tr:m~frrrrJ l~~ lhr Ituyrr. . ~ 5!'1 ('IA1. AtitiF:titi!~IEN 1 I.II:NS' Ccrtil~~d, c~.nl~rmrd :u+J r:~tifi~d spr: i.,l a~.cc~~n,•nl lirnc nf Ihr d~te uf tlu~ing (anJ n~~1 ac of tht datt uf Ihis tr: t tr t) :~r~ tu hr p:~id by thr !icll.•r. 1'a nd~n~; li: m nf Ihr d.~h• ~rf clu~inr ah:Jl Lr a~~ur~c•d I.y Ihr Ruy.•r. ~ 1`-:T'~,~ ...~'TT'-~al~'R~T'iT.T.rr~Tb~.`.~TT:: r:j~t::~~nT~c.~~~Tt•:.~i~..iT~fT~.-T~f-iiia~u~ e~~~ii~i~i~..-.u~TiT,ii ~~uaf) tn:~ I: ~c .~~a . _ u ~,ax~ ~a.(T,:: r ~,r )~•r :n~ . thr cS•dr u( elr.ain~;. Itu~rr nt~y, at hic ~..le a-a~•Cn~~• .~nJ un !r]~ntrd.lr nnlic!•. in~;.rtt nr t:~ucc :.n in.~~rcti~.n tn t~e m:,ue ai Ihe ~ ! in~ rs :u~fl a•qui~.u~r~~l :~+~.c.~ •ti~.t tn tln~~a;;_ An) nr~r~vey r~p:nr5 ch.dl he ui:.tl~ al Ihr e~•.l Ihc. !.rll~t •rn~), if :~p~.~opri~te, ?.Itt~o~fe I~~ndiih]II ; r.~ r~~~v.~el at tiin~ of tl~~~in~: 1~. effrtt . ~ c. Unlr~~ ~.th.-rwi.a . t:~~-rd by tlrc p.~rlir~, Ihr Huyc~ >~rJl, by prucrrd~n~ /u tlo~ing, bt dtemed I4 harr ~ c~ ~.t.~it Ihr ~~tn~.rtly.y~ i? - . - , ~ . ~ _ - ~ R t`F~ (~F I.US..':c U Il~r i~n~~fnVrlil~'l1IS :.rr datn:.;:rJ I.y f~rr r~r n .w~~(t`t•: fr.rr drhv~ry t~f thi dr.•J :~n~1 c:~u I.c ~r~t~ncd t~. su1•ctinti~lly tAc t~• ; ~ c~,~~ f~li~rn y~ n..~~- ~ai.f:irr ~~ithin a(•:ri~.d ~.l ~i~ly (~•n) d.~y~ Ih.•rr:Jh•r,':cll.r ~n.:,~r+,+la.:r Ihr i~.~~.r..v.•inrnl. ~ntl Ihr [I~~~:oZ d:~ta tinJ J~le ~.f dthr-; r~` t~~~..••~•.i~.~. h~~rinhi•(~,r.• prn.~.l•:il ~t~..ll Ir~ rale-urlr~l .n. ~~~Jrn~•ly. 11 ;t'lltr I..iA 1r. tlrr •.r., Ih~ iT^;T~-~ 1 h~~r Iha h~•li..n af (1) lal.inr fht proprily a. ~ t.: • tt~~r ~~~th ~n~..~w~nr ~.~n. rrJ., :nr~•, ar i.nnrlheq• thr e~.nfr~rt :unl :.~I Jr~~r,til~ ~~ill br f..rlh~~~lh .~Ia~jl.c Uu~rr ~nd thc p.ufi~s ~tlt~std ; E ~ti f~~~th~r h.~h~hly br~cu~~drr. .'.L'11t. f! F:i~ti('1.: IR•I~~i-: n N~r d..lr af thr a~~nlr.~~ 1:~n~l thr d~ti- ~.f ~1•r~inr. tir.• ~~r~~pcrl~-, in: lu.linY 1~.vn, ~hrubhary and p~.ul, it ln~l -~i f.....-.{-~.7^.t"^'•t'~"Itrr~~r?~r~ ~•n••1~~...~.r~ ~Frvi.l-~~-.....~ 1?•a- ~I~rF.~-{-Il+r r-~»~~ti..F. ..._Ir....~y-~r.t.....~...I~rw+-r~.~.-~.iw~~-- - 1 1'1 )("1 F 1~5 f/1 ~:A1 1:1.':1~ I( U=.1\(. !'I'(~( F I?t~l'1 P~.v.r'..i~.~~ :~n~l ~.~:u~•~~r~ ~~ill br d•-h~rlyd f~. 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