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Home My WebLink About0261 ~i ~ `i .u~^~•^r~s ( f) To kMp •nd rtuint~in N~ pr~mis~~ •nd th~ buildinp th~~row io r ~ood condidoe ~t t!»~ u~ ~t t~ da1~ bnol d ~..e~w ud ewt to coma~it ~r~~t~. remov o~ d~moT?~h an weuritp. writAout tM ~~~t~e cwu~nt oI tM S~II~~ ~~ov~m~oa th.r~oeti ar ah~r~ria~ dia+ini~~ t!» ~dw ol t1r S~ilw'~ J. THa SSLLER dND IURCN.tSER Af(1TtlALLY AGRLra AS FOLLOWS: ~ I Nw~hM h That ttw S~Ii~t m~r, ~t u+r tinN dwin~ tM conoinu~nc~ 01 thi~ coatr~et ~ncuinbK wW I~nd by eostpp or mo~t• s.u.r ~~~e~ to Ma+r~ nvt awr~ t)ua eM unp~iA b~l~~ ot tAiu contr~ct ~t tA~ tire+~ ~vcA mocts~~~ or eiorts~~» u~ ~~cvbd Such morts~p o~ rao~tp~~s ~11 b~ w~nbl~ iu eat ba than N?« y~~n t~an d~t~ o[ ~s~cutioo tMr~ol asd st~all pra vids !o~ p~~nt oI y~iacipal ~od iatK~~t in mor?tl~ly iast~Qa~enb rhich do not •=c~ed sucb in~tdis»nt~ pro~id~d fot is tAi~ tontr~ct: or ow such otMr tt~nr r mq b~ ~p+~d npoa b~? t!r S~IIK ~nd purcA~sN. ~nd ~MU b~ • int li~n upo~ eM I~nd wp~rior te tM ri~hb oI tM Puclrs~t bKein: pwvid~A ~wtic~ o( tM es~cutioa ol wid ~eort~sp ot ~o~ts~~w ca?Linin~ tlw a~~ ~nd ~nN ot tM mortsa~N or hb ~pn~ tlr ~n+ount of sucA awrt~~~~ or t!w nf~ ot iatKest ~nd artwitp of tM ~+nci~l ~nd 'uwNt ~al~ b~ »at to tM Purch~~ b~? te~i~t~nd a~ail poenpely dbt ss~cutioe tMnot. Putch~~et vill. oa dert~and. ~~acvq ~nr in~w,n~nb demand~d br t!N Shcer. n~c~~' at tpuisit~ to wbordin~t~ tM ri~hb o/ tM Aucb~ier Mhund~~ te tM li~n o1 ~nr wcA awrt~~~~ or ~nortp~~s. Tp ~11M~ ~id Puc1+~Mt sMll tdus~ to ~s~eut~ ~np iestrun~nb d~rernd~d bp M1A SfIIM ~I1d fI1~II tf~YM ~O ~Kfpl WCA f~~~1~tf~ n+~il I+~~~iebetoh providtd, o~ wid r~~istend m~ii ~lull b~ ntur~ unel~inNd. th~n t!w SdIK ewr post iueh ootie~ ie twro eo~upieuous plae« on ~aid pren~ise~, ~nd upon m~kin~ aRd~vit dulr ~*ron+ to ot ~ucA pwtin~. tAu proce~di~ stull op~r~n tM wm~ il Mid PurehaKr hd eoes~nted to t!» ~a~cutioa.o( Nid nartp~~ or mo~g~~e*, ~~d purcAa~'s ri~hL sh~ll ~ wDordieut~ W wid a?ortpp ar rew~'t~~ps her~iaM(oh pwvided. Th~ eonseot opt~in~d. ot ~uDordinatioe ~ oth~rrris~ M~~in provid~d, und~t o~ br virtw ot th~ (o~s~oin~ powr. ah~11 ~st~nd to ~ny u~d •1) r~n~w~ts or est~iuioru or aa~endmsnt~ o! s~id mo~tiK~ or : ~~tK~+. ~v~ S~It~~ ha~ ~ivsn notia to tIw PunAa~er u ~Aov~ provided tor ~ivia~ aotic~ oI th~ ~a~cution ot ~aid mortsq~ i « ~tK~ (b) Th~t i! tl~e Seil~c'~ intenrt b~ tl~t o[ 4nd ooov~ct. or rw~r or Aer~attK b~ ~nctin?Lend br nwrt~yt~. tlw Se1Mr ~ ~haU awet tJr p~yrnents ot ptincipd ~nd int~r~st tlkr~on p tMy en~tur~ ~nd produc~ ~vid~nc~ therwl to tM Pvchwr ow T~eJ• ~~fault oI t!k SellK wid Purduser nr th~ ~unu ~tured or ftrst ~ruturin her~on. witA int~«st •t•wvtA~ ~aar. S~uh y.ra~ena br P~urn.s.~ .n.u e. cr~diud oa ~ [ per cent pt~ annuea on p~ym~~ts w rn~de. 1( p?oc~edinp ~r~ comn~oced to r~cover poasession or to ~aforn tM y~~et ot sucA contr~ct or n~ortp~~ b~c~uM ot th~ Selier'~ dd~Wy tbt PurcF.aser aay ~t ~nr time tl~ertalter. w?hile sucb procMdiop an pendin~. ~neua~b~r s~id I.nd er ~nort~~~~. sscutin: ~ucb f swn ~s can be obtained. upwi such brem u en~r be requir~d. ~nd with t!w proce~ds p~r ~nd discMr~~ ~uch ~nort~~~~. a Durchas. nw~..r ~~.o. wor n,orei•p .o ri••n ,~,.u b. •~,c,~i.n u~on ~M ~•na ~uperior to tM ri~hb oI t2?e S~IIK t1+er~iq, ~ and Ntr~att~r tAe Pu•ch~s~r sh~ll p~r tl~~ princip~l •nd int~re~t on such mort~~~e w ~iv~n tMy en~tur~. wAid~ p~riwnu slull ~ cr~dited ae tM swns eutvred w first auturin~ Mr~on. Wh~n th~ sura owin~ Aereon is reduced to tl?t ~mount owrin~ upon sucl~ contr~ct or mort;~p or owrio~ p~ ~ar mort~~~~ ~:~cuted under •itAe? of tA~ po~ners in tl~ia contr~ct c~on- ~ t~ined, • e~oaveyanc~ slull ~ m~d~ ip tD~ torm abov~ provided cont~inio~ • cuvenant Dr the ~r~ntN to ~s~u~ ~nd ~pN co p.y th~ Mme. ~O1~~'r"""~ (t) .~t it dJ~ult i~ mad~ O r r pr~miwns, or ie e/ Tu« w bp ~M Pur~h~s~r in tA~ ~ ment ot ~e ta:es. ~sses meab or imur~nc~ ' J~~ tlr p~~ent o[ th~ sums provid~d (or in P~ta~r~ph 2(~). or in tM delivery ut any policp ~s htninbeton provid~d. tA~ Shc~r m~p p~p ~uch u=es or prea~iutns ot procun sucA insur~nct ~nd p~y t!w premiu~n or prnniuins thenon. ~nd ~n~ was or suaa w p~id slull b• furtl~er li~n on tAe I~nd ~nd pr~mises~ p~y~bl~ by the Purcl~asK W tl~e S~IIK (ortbwitA ~rith iat~t~st at dw nb ot per ~nnwa. (d) No ~ssi~nment or tonve ~nce ~ ~~A~ r br eM Pur~h.s.r s~,U cr•.~• •ny Iub~l~ir wh~tso~v~r Kiinst tl~e Seller until • dup , lint~ tMr~ot. dulr witnesaed ~nd ~cknowled~~d. to~~tMr with th~ resid~ne~ ~ddreu o! wch wi~ere, sh~l1 b~ d~li~end to t1k Seller. ~urchas~r's li~piliqr hsreunder sf~all aot b~ rel~~sed or ~Q~cteA ie ~ny w~y bp d~li~~ry ol ~uch wipue~nt~ at bp StUK'~ ~nda~s~eeknt ot receipt ~nd/or ~cr~pt~nc~ tlf~t~oe. ~ r~+r+~ 'I'M Purchwr ~h~ll Mw tM ri~bt to poasssioa ot tM premises frorri ~nd •ft~r the dat~ he~aot; uale~ otlrrnris~ heniu pro~id~d. a+d M entitl~d to rttaia possesaion thereo[ onlr u? loo~ as tAsr~ is no de(~ult on hia p~rt ia cwryin~ ort ~ tM terap ~nd c~o~nditions hereot. Io tb~ ev~nt t)w pr~mi~p l~trein~0ov~ d~scrib~d ~r~ v~c~nt or unienproved, th~ purch~s~c slult b~ dkm~d W be in cwntructir~ poss~s~ion onlr. wrhith porsessory ri~ht shall ce~w ~ad t~rmin~te ~tter s~rvicY ot • i~ - - aotics--0[.1orl~itun o( this eontr~ct Erection ot ~i~n~ py Purd~w~ oa ~~cant ot unimprov~d prop~rry sl~Il not coostiwb I ~cewl pwwaioe by 6f~- ~ R'~~' (t) Il th~ Pureh~ser shdl l~il to p~r/orm this coe+ti~-oraeyr-~art-tMnot, tAe Sell~r im~nedi~bly dtu sucA d~twlt ~/at:t ~y~~ ~ ri~bt to decl~n the san+e torf~ited and void. ~nd n4in wMst~~er ~y T~rs-bM~-~aid h~r~oa, uid ~p ia~~mr? ` awnts tlut ~r h~v~ been n~de upon the prcmises. to~~tlw with additiom ~od ~ccntioos tber~to, ~ corisider ~wd-tcN~ ~ tM Ruchassr u 6is tenant holdin~ ov~r wi~hout p~rmission ~nd msy t~k~ iennwdiate pos~euion d the p~is~s„ ~nd tlr j~ Putehawr ~nd e~ch ~nd every other accup~ot remov~ ~nd put out In dl a:ss where a notiu ot torteiturt u nli~d upo~ ~ bp tb~ Sstler to t~rmirut~ risAb IIlffYfldK~ senic~ ot such notict sAall b~ pr~ced~d Dp • notin o[ iaqat to fo~[eit tb~ i eontr~ct ~tned ~t t~ast ten d~ys prior tAer~ta ~ ~j ~~1O° It def~ult u m~ by th~ PurchasK ~nd wch det~ult contiaws tor a period of (orty-bv~ dqrs or more. ~od tiw S~1IK desins to tonclow tAis contrict in puitp. th~a th~ S~II~r sl~~U~h~w ~t his option th~ ri~ht to ded~n tl+~ entir~ unqid ; ~I bdaac~ Mr~und~r to b~ dw aod p~riW~ IortbwitA. notwithst~ndins ~npthi~ htrein conqind to tbe contrur. ~ ~ (A) TM wril~ ot tM Shctr. tor • ~dwDle catsid~r~tion. joins Ger~in and ~~rees to join in tM ~:ecution o( t!N d~ ~ to b~ a~~ in fulfillm~nt Mrco/. ~ ~i . ~ ~ (i) T'u~r sh~l! b~ dNin~d to b~ ot tl~e es~enot o( this contr~et. ~ f~ Th~ iadividwl p~rtip hereto reqres~nt thsmse{ws to D~ of tull ~nd the coryor~t~ parties 1?~reto rspreseot ~ ~ tbtawlvp to b~ ~~Iid ~~stin~ coryo~~tiau writh tlKir ch~rt~n in tull (osc~ ~nd eQecL ~ w~e;a. r Ae~ deelantioew. notins or ~ p~pen ~ry a p~aper to ternu~ute. ~-celer~te or en/orc~ this eoev~et ~l~all b~ ~ prasueo~d conclusi~tlr to have ben served upo~ th~ Purch~sK it such inswment enclos~d in ~n ~ev~lope ~rith po~t~ tuilr pnp~id. it s~id tnvelap~ is add«ssed to the P~rch~sK ~t tM ~ddr~ss s~t torth in the he~dins oI this coner~ct or ~t tb~ latest ottr~r ~dd~ss ~rhicb nuY ha~~ b~en specified bp th• Pwchwr ~nd receipted /or ia ~rritin~ br t!» Sellsr. u~d if ~ I~ . wid snv~lop~ i~ depwitd in • United St~t~s Pwt Offit~ Bo:. ~ ;i ,•••~a-••+ cn-_Th~~aarmsn.t~on__t.he__~~.c.~__ a~ _~.h.~.,s_.~.~d.---~an~~aG_~ _s~4_.not. .x.acludQ ~ ;I G-~-• taxes__or insurance. - - - - - ~ ~ - • - . ` 'I ~ ' - . - - , ~ ~ ~ . ~ ~ - - - - _ I ~ n ; - ~ . ~ - ~ i T!w proaouer ~ad nl~tiw words her~ia u~sd a» written in the m~sculirw ~ud sintulu wd~. n~e than on~ joia is ; { d11 ~W~ TNf~ tl S~IIK O~ Purchawr. or ~Ithr~ b~ oI th~ /eminin~ w: or • cor~or~tion, such words slull be rhd ~ il vritbs ie plurd, (NOini~r or ntuter, res~etirtl~. T!r covtn~nb Aer~in sh~ll bind tM Aein, d~ri~aw. Ispt~es. assi~m ~nd weon~oes at dw n~p~cti~~ p~rties. - ~3t ~~llt~1 ~4!ltQf~ tfi~ p~rti~s hento h~ve ~sscut~d tbis cootrut in duplint~ dw d~y ~nd ~~ar 6rst ~bov~ ; ~ ~ or~~w o!: r ~ ~ ; ~ - - . - • - - ~ r ~ ~ ~ ° - ~ -x - - - -r ; ~ S 1 gu~K310 faL~ zs1--- ~~_~-Ct I-~...-L..~ ~ ~ - .._._.w_--------~- -q------------ ~ - ai-~A~ ~~Sct~[vri~~n ~ .