HomeMy WebLinkAbout0439 uuCi1DUM `i`v CONTRI~LT D11TED JVLY 15, 1.~76 ~3Y AND DET~VE~N CI~AYTON TRUST COMPANY,
'RUSTEE of the Testamentary Tru~t created iindcr the L~st Will and Testament
f F.RWIH T. liUt~ER, Dec:ea:~ed ancl D. AI,VI~NA ltU[iER and AItTHUR WnLI'F, ~s
ncil.lary Pc:rson~t Representativ~~ of s.~id ~state as Sellers, and JACK A.
A::TER, as Trus~ee, and/or Assigns, as Buyer.
he undexsigned principals do t~ercby agree that the following terms, conditions
nd covenants are a part of the aforementioned contract, to-wit:~
. COURT A['PROVAL OR 11UTNORIGIITION OF CONTRACT: This contract is conditioned
up~n ~l~e ~+~~%roval ot the tc•rms and conditions hcrcof and of the sale con-
templated hereunder (or such Order oF Court as autliorizes the Seller,
Trustee and the Ancillary Personal P.epresentative to perform all obliga-~
~ ti~•~~s of Sellcr otherwise imposed upon the Seller, Trustee and Aiicillary
Personal Representative heFeby) by the Circuit Court, St. Louis County,
Missouri, in regards to th~ Testamentary Trus t creai:ed under the Last
Will of ERt7IN T. HU9ER, Deceased and by the Circuit Court, Prol~ate
ivision, St. Lucie County, Florida, if required under Florida law on
l~~ . alf o th~una„la ar~ac{;no i trst~i,ontof said sta ae. this regarc~,,
h ~ oti i raiser
.
a s.
yE " . The cost of said appraisal shall be borne by
Seller. Upon receipt ofsaid appraisal, Seller shall proceed with and
diligently attempt to secure the Court"approvals or authorizations as
af~resaid. In the ~vent such approval or authorization is not granted
within 50 da}~s from ttie date vf this contract, this contract shall, at
the option of either party (Seller or Buyer), be can~elled and the sum '
deposited hereunder by Buyer~shall be forthwith returned to Buyer and
the parties relieved of further obligations hereunder.
. This contract is c~ntingent upon the ~3uyer, at said Buyer's expense, .
obtaininy from the proper governmental authorities having jurisdiction
over the property (a) zoning permitting single family housing and (b)
s~bdi~~ision platting of thc property. The Buyer shall have 120 days
fro~n the date of the accepta:~ce and approval by the Cir~uit Courts•
. required under paragraph 1 above, ~o obtain said approvals, and in the
event pro~er ionin~~ and plat approval is denied by the governmental
authorities having jurisdiction, then in such event the deposit made
_ this day shall be returned to the Buyer by_ the escrow agent and all
~~~'parties liereto shall be relieved from all further obl.igations hereunder.
I Buyer shall diligently ~roc•=~ed to obtain such zoning immediately after the
~ a pr.-~isals referred t in l. b ~?e are g an~ed
C~riveya»ce by the Sel~ers wi~`l~e by a~pecial. Warranty Deed approved
i EF1~y all principals. Said Deed shatl be prepared by the Buyer's Attorney~,
s and submitted to the Seller_'s Attorney 30 days prior to closing of the
~ co~tract.
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,~~II,~'Ls pro~iin~~~~i~ns ~e..~~~cr~ cFv~nearits 11 ~be subject to all reservations, limita-
f, tions,/rP~ ric i~hs an- e~semc~nts of record, as shown in `tlic~ abstract
or the Title I:~surance Bincier furnished to the [3liyer's Attorney, at least
30 days prior to the date oF c~~siny.
~ .
~ The Rti~~er repr~sFnts to th~ Sell~rs tha~ said 13uyer }ias not discussed the
purchase of the pi-opert}~ ~~itli ~ny real esLa~e 13rokcr ancl that in the
event any real est.ate [;roker should make any claims for real estate =
c~minission clue, s~id cor~mission shal.l be p~id by the nuyer, and Buyer ~
£urther agreos to hold Seller harmless from any ancl al'1 such claims ;
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