HomeMy WebLinkAbout2752 . r
I
I
A. The sum of $4,100.00 in cash at the time of the closing.
8. The sum of $353.00 per month, commencing 30 days from
!
the date of the closing, including interest at the rate of lOX per annum on
i
all unpaid balances until three C3) years after the date of the closing. j
~ C. The entire principal balance and accumulated interest
due thereon, shall be fully due and payable three (3) years from the date of
i
the closing. ~ {
D. Purchaser reserves the right to prepay all or any part
of the within indebtedness at any time without penalty. l
ti
i
4. Purchaser shall be entitled to possession of the premises
herein described upon the closing hereof, and during the life of this contracC,
Purchaser shall maintain the property, including improvements erected ; .
thereon, in a state of repair and condition that is good and proper. $1[Y~~K
- x~cYl~c~~axwc ~~tl~x~
x ~ F' ~ yjj.~',
5. Purchaser shall be obligated to pay a shall pay before
delinquency all taxes and assessments coming due on and after the date of
~ closing. In addition thereto, during the life of this contract, Purchaser
shall insure and keep insured against fire or other casualty all improve-
ments now on the property and improvements that may hereafter be built
r
thereon in an amount not less than $45,000.00 ,and said policy of
insurance shall have contained upon the face thereof a mortgagee clause
L
5
in favor of the Seller as his interest may appear. All premiums on such '
policy shall be paid by the Purchaser.
6. If Purchaser fails or neglects to pay any installment of
~ i-~oroid H. Goldmon taxes or any assessment or insurance premium when due, Seller shall
ATTORNEY-AT-LAW
sozes.v.d..dHwy. _ have the right to make such payment and to add the amount or amounts
Pr. St. luc»,fb.33452
thereof, together with interest at 10 % per annum to the obligation of
x
~aok ~D`7 ~~a~ zrj~'l
1 _2_
_4 - -