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ADDE!7DUt4 TO CONTRAC?' d~leci ~.tp~~~~~ , 1977, by ~nd
between CLAYTO~! TRUST COMPANY. Trustee of thc Testame~tary 9'rust created
, under the Last Will and Testament of Crwin T. Ilubcr, ~ieceased, aRd
D. Alviena iiuber~ clilC~ Arthur Wolff, as Ancill~ry Pcrsonal Representative
of s~iid estate, as Sellers, and MCDALIE & ST11RR, as Trustees, and/or
assigns. as Buyer.
The u~dersigned principals do hereby aqree that thc followinq
terms, conditions, and covenants are a part of tho ~forementioned
contr.act, to wit:
~ 1) COURT APPROVAI. OR 11UTIIORI7.ATI~N G?!~' CQ!~T~1~C~ : Thi:; contract
is conditioned upon thc approval of the terms .~nd condition~; her~of
and of the sale contemulateo hereunder (or such Or~?er of Co»rt as
authorizes the Seller, Trustee and tl~e Ancillary Personal Repr.esentative
to perform all obligations of Seller otherwise impos~d upon the Seller,
Trustee and Ancillary Personal Fepresentative hereby) by the Circuit
Court, St. Louis County, llisso?iri, in regards to tl~e Tcst.~Mentary
Trust created under the Last t~i.ll oE ~~WIN T. 111t13ER, deceased and
by the Circuit Court, Frobat~ Division, St. Lucie County, I'loriAa, .
if required under Florida l.~w on bchalf o€ ~he I?ncillary a~ministration
of said F.state. In this reqard, Seller sl~all obt.-~i~ an a~praisal
on the subject Froperty from a qualified land appraiser witl~in 45
days. The cost of saicl apprais~l shall be Uorne by Seller. Upon
„ receipt of said appraisal, Seller shall proce~~d ~rith and diligently
attempt to secure the Court approvals or•authorir.ation as aforesaid.
In the event such at~proval or authorizati~n is not qranted within
fifty (50) days from tt~e date of tl~is contract, tl~is ronL-ract shall,
at the option of either party (Seller or Buyer), be c~~ncelled and
the sum deposited hereunder by Buycr shall be f~rtl~with returned
to Buyer and the parties relieved of further obligations hereunder.
2) This contract is contingent upon the Buyer, at said E3uyer's
expense, obtaining from t;he I~roper governmental .~uthorities l~avinq
jurisdiction over tl~e property (a) zoning permittin~ sin~le far~ily
housinq and (b) subdivision platting of thc pro~cr~y. Thc B~iyer
shall have 120 days fron the date of the accentance and apl~roval
by the Circuit Courts required under paraqraph 1 abovc, to obtain .
said a~provals, and in the event proper zoninq ~nd plat aPi~roval
~ is deniec. by the qovernmental avthorities having jurisdiction, then
in such event the deposit made this day shall bc returnec2 to the
~ Buyer by the escrow a~ent and all parties hereto shall be relieved
;
~ from all further obligations hereunder. Buyer shall tliliqently
~ prqceed to ~btain such zoninq ir~mediately after the appraisals re-
ferred to in 1 above are granted.
t
~ 3) Coven ance b the Sellers will be b
~ Y y y a Special F)arranty
Deed approved by all principals. Said Deed shall bc prepared by
the Buyer's "attorney and submitted to the Seller's attorney thirty
(30) days prior to closing of the contract. ;
~ 9) The property when conveyed shall be subject to all~ reser- i
vations, Zi~mitations, encroachments, restrictions an~ easements of }
~ record, as sho~in in the abstract or t{~e title insurance binder fuc- ~
~ nished to the IIuycr's attorney, at lcast thirty (30) days prior to ;
~ tl~e date of closing. .
s S) The Buyer reprc~ent.^, to the Sellers that ,aid Buycr has
~ not discu~:~-~c1 the purchase of the property with any real estate
t broker ai~.~ I.haC in the event any real estate brokcr should make
~ any clair~s for real estate commission d+~e, said commission sh~ll
~ be paid by the [3uyer, and the Buyer further ~gr~e:: to hold Seller •
~ harmless from any and all such claims ari~ing thereunder.
~
. B~x 271 423
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