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Home My WebLink About0228 ~ ~ _ . . . . '7~ 24£~ - _ ; Con~a..nu~cl frcx;~ P~~r~x3ra;~'.~.3. (~l) ~ . ~ ~ y~ : a21 dcpoJLl. J~~.~LC~J ::h_~11 i~:m~cliat`1y b~ rc4un~~ ~ to L~~ p~r:;on denositing ; thn s~~n~ ~o.it-l~ou~ f:urt-h~r rx~ticc~, c~n;^nt or c1~_,~u11 1%iiig rocJui.rc~c~, wnless ~ this a7rc:~.ca~z~ is e~ct~~r~~l~tii }~;r tlic m:atu~~l cons~.,~t o~ bo~li ~r-~rLics. ~ (b) Z°nE~ $12,0OO.OJ inii:i~l. dcpo~i~ sh:ill b~ zn th^ iorn of a c:~'~ec}: macie payablF to t'ri~~ escr~a ac~~r.t a~~.~ shall not b~ d^p,~~i ~ecl }f,~ t,'~e escra~~ acJ~nt until the escral 1c~nnt racc~iv: s t1~ oricjin~il or ~ copy of this I7~posii: R..~ceigt ancl Contract foc S:.zle ~u1:1 purci~as~~ oa:~tai.ning t~~~ sigr.a~ure oi tlx~ S~].ler ~ ir~ciieating tl~~ Sell~r's consent i:o th~ tcsir.: an_~ oorcli`ions as alreac:y ~ ayreecl to by th~ flzy~r, Tll` c~epcui4 f«.~3~ s'~all no~ bn c~~;'n~c1 w~hil th-~ce j is a fully execu~~ Dei.~o~it R~~ipk• a~i CAntrac~ for Sale anrl Piirchas4 betr?~een ~ the par~ies, anc~ th^rea~ler the csr.ra.-~ a~~nt s~zll de,oo~i~ th~ ch~ck ~nthin one Uusiness day follaa.i.ng rec.c~ipt bv the escr~~ ay~n~ of a fully executc3d oontract. . - - ' (c} R'his contract mus: br_ fully exec::~.cc1 ~ all of th~ parties , here~o on or b~ fore l~ril 20; 1976, an3 if ~t is n~" th~ dn:~si~ cnLc~;, a~ thc o~tion o~ th~~ Buye~, sn~il.l be returticcl }.~y the esera.~ a~s^~~~ ~-~ncl this _c.~o:~trac~ and proposal shall be null ~ void ai~d ~f no force ~;n1 cfzecc. " . ~ (d) ~'nis co~t-ract: is e:cpres ~l_y co:~~.ir.~,:e~ u~~n i1~~ ret:l. nro~,rL-y k~in~ ~ ~ pre.ser~tly zchiExl for C:a[?~rr.)al bitsin~~s u~~•s, ~,n 1 in t~~s e~r^..nt -the s~unG is . no~, the Bi~y~,r shalt h~-?v~ t~r~~ cx,~4i~~i o` te.rr~~u~_~~ir.~ th~ co~~r~ct ]ay notif-ying tl~ ~•ll~r of ~he fac~ i-h~it t~i~ mal prc? >~r~y is no~ ~a zo~~~1 for cu-cmrrcial business u_.es in t,n-iE:i1~c~, ~iC ~•;~i_ch ti~~.-~ th~~ d~•_rr_:i~ . Is:~~d ~h~ll b~ r.eturned t~ tne ~xzrt_ies ~epc~s_itiny i:Iic s-L?r~. In th~• alter~zt~tivc~, t~?e sale opt.ion o~ th~ P.uyer-, thA ~3ci~~c~r ::~~a)_1 h~t~^ tl~~ a; ~ io~ o~ r~:~':irnJ ~i~plic~-~ti~n to tl~e 7p- prmri:.~t~ ~tOV:1'll!~?'`'71~cZ1 <<utU~~c_ity ior ccyr_~~=~rCli11 ~i1~~1I1°_;S US£.' 'l.O~llfKf OF ~1~ subject rcal ~rc~~ =rty ~r th^ ;:o)_e co~i. ~~n 1 ~n~;e nf t:n~ Rciy~r, ~ux~ in ihis - ' EJC'Rt~ ~le ;~,^~ZC'1' ~igr_~~~:; t0 COO;>'1"cZLf` 's•l.t(:}1 I:lljl~`r )il t.1715 jxirStll~ ~ti'ICZ cYeCU~G c-111 Ilet.L~:S=1t}' C1CY~1.°t~'t"ll~ il[l!~ i~JCT'. il ~ 1 I1~~Ci'~:ic:. j~ ~.Y.I~i.LP.^:.iS ivncii.ons iA e~o:-~~1: tc thi ~~~Ix~l ication far io~~inc; ~;1 icn r~~a~r Ir_~ i c=~so~~ebly re_~uirc~. '11~ F,?iyer shail h_~v~ n in,~,.y (90) d:rl ; f. rcrr t!i^ cla: ^ o` cxecation of this o~nkract ~ ; t.~ tl~e ~llc•r_ t~ o'~i.:iin tl~.~ ~dx~ve rc~ ~~~rct~ to ~onis~~j, ~ rr:l in the event tii~ I~.ryer i is not stx~ct~ssful, t~hi.s r-c~:~tr<<ct sh:.zt? ,~i~ ~h; oL,Lior~ oF t~~~ Puy~r, b~ tr-xmi.nated ' t~~ith all cl~ j~c,sil r.e~~~rr_l~~ ret-urnecl t-o tn~~ partie~ d,,~si~irg tti..~~, or the P..uyer : may e~ercise L-hY• c~nt-r~~ct with th~ oLc: es~c io~ it:,i l-h=-rc~ez. 7n the C'.VPJIt ~lE'_ ' ~ zoninJ c~~nno~ l~~ ~ecca:;alir:ii~cl in th~• tir:-~• sp~~ci; i~l ~ltr_~:~~~ t~: Sell~r agrees ~ R ~ to giv~ th~ P~~ytr a re~~~~c~~~~blr_ e~tens~~n or c..~~~~sic~-~ , ~o ~cca:r.~lish i:he ; i i TIECE'S~~lL'~~ 7.0,11I1C(~ j~Cbill();C~ ~.tl;_.' P.iryer i~~ i?G~l~;e_ly 1~ur~UiC1c,1 ~l° ::~UI:E. pY.OV1CiC'~~ ` ha~•ver, tnat all exicnsia~~s :;~~all in no e~~en~ exc~~! ni.nzLy (10) clays. ~ f ~ 711 t~l^ CV~11L' iillj( O~ ~~2C rC';,CT'.tC~lU:]`:~ Ci1S~i~°Ilt;i~ l"C'S£'.ZVil~lOi1S ill'11 ~ limit~etio~~ of rec.vtcl, ;:iiv.~rn on th~~ ~t, ;tr~~~-t -or ti~]_e i.n,ur:~ b:i.na~: r~~r ~ "A'• ~~tr.~v~, in[ .rr.Lc~rL• aiit.n the nom~-~t u:c• of t,r-~ re~,l. ~r~~~~•rt-~? for vevelo:~re.nG ; for c:~~m^rci11_ husi~c,~;s rr,ir7r~:c~:;, th=~i~ a~tcl in thzit rvcs~t t;~~ l:~~yer sha~l liave ~ r~-_a;~r ~on o"r .t~•rmin~~ti:rJ tl~is cunt r~sr_; ~-~i t-1:in fiir~~c•:~ (.15) cl~~l,; afEcr rE~c~~i;>~. ~f L~?~~ ~~~x>v~ rrf.•rrcYl. l~c~ c1o'-~r.: -~:;z!-.i~» l,f csivi~yr <<i:• ;'r.~l.lc•t wr.it4c:~ notice - Uf ::~11C't tC`ITILfI~ti:lf):1~ FI'1:1 lCl t'll:li= CVi•fl,`. illl',~ C~?.'1:)'i.C:t ~:~"17~_1 {JI_`.TI 1lll~.t ~ITYi void ~~rKl ~~tt fun is cl~~~;,_;i.kc~l ~?u~l t~.• i-~~ ~ir_~:~_:i tc~ t;r_~ Tr_~r;:ons clc~ositing t1~~:m. ~ ; (f) 'lt~~• c]c,~;in~ c~~~ t_~~c~ rcr.~t:r~~ct-. fc,t :;-~lc• .,:r.i I't::c;~:~sc1 ::hcill )Y: 1~~•l_cl i ~ f % /f ~ ; ~ _ r-- f ~ ! i - % 3 ~,~-ti-t~i-^~-~- _'~..li-~~~. ' ~Y)'~ 1~`: i ~ii i.•~ '1~I1~" . O1' ;'i~_.. . 1'(!.i_'L'~ ~1~:=13_;=!.:,/ J:...i~:~r:, }:~r,~ ,1 I••~_ i E t -•7.-- ~ 2~4 ~ - ~ - _ - ~-~r-. a . _ .