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HomeMy WebLinkAbout1608 i such other evidence of title as is in accordance with the pre- vailing custom in .the area where the property is located, which said evidence shall show a marketable title to the same property, free and clear from all encumbrances. Real estate taxes shall continue to be paid by Vendor until Warranty-Deed to premises is delivered to Vendee and filed for record. Vendor warrants that said premises are subject to no encumbrances. Upon fulfillment of Vendee's obligations under the terms of this contract, Vendor agrees to convey said property to Vendee by deed of general warranty, with release of dower, if any, or by such other deed as is available should Vendor be~ - legally unable to deliver a deed of general warranty. If any installment payment to be made by the Vendee under the terms of this contract is not paid by the Vendee when due or within thirty (30) days thereafter, the Vendor may initiate forfeiture of -the interest of the Vendee in default, as provided by law. ~ - This Land Contract Agreement shall supersede the E Land Contract Agreement entered into by the above parties, which ~ was dated April 10, 1977, and which involved the same premises as described above. Payments upon principal and interest made under said Agreement shall be credited to Vendee in the Agreement herein. IN WITNESS WHEREOF, the Vendor and Vendee have executed this contract in duplicate this~day of,S~ ,~j¢f" , ~ 1977. Signed in the presence of: G , Fre errc Str we J . i : rQ~../Zh' G / I Margar t H.~ Sti we / , ~ ~'u~{,tl.~ • ~ ~ o r Pame a . a~~oK Jr~V PaCE 16~