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7. PRORATION Ole TAXES, ETC. - All adjustments of taxes on the~said
property are to be made on a pro rata basis as of the specified time
or date of closing. Possession will be given Buyer on CLOSING.
~ i SURVEY - If the BUyeX deBlres a susvey of tho property, he ~aay have
the property surveyed at his expense prior to closing date. If the
survey shows any encroachments on the land herein described or that the
improvements located on the land herein described encroach on other lands,
written notice to that effect shall be given the Seller and Seller shall
have the same time to remove such encroachments as is allowed under this
contract for the curing of defects of title. If the Seller shall fail
to remove or cure said encroachments within said period of time, then
the deposit this day paid shall, at the option of the Buyer be returned
to Buyer upon demand, all rights and liabilities arisino hereunder shall
terminate, or Buyer may, at his option, close this transaction in.
the same manner as if no such defect had been found.
~. LOSS OR DAMAGE - The risk of loss or damaoe to premises by fire
or otherwise, until delivery of deed, is assumed by the seller: The
seller further agrees to deliver the property in the same-condition
as it is when this contract is executed.
10. THE Mortgagor has the right to prepay this loan in whole of in
part at any time, without premium or penalty.
11. DEFINITIONS - The words "Buyer", "Seller", and "Agent"herein employed
shall be construed to include the plural as well as the singular, and
this contract shall be binding upon their. heirs, administrators,
executors, successors and assigns, and the masculine shall include the
feminine and neuter, where the context so admits or requires.
12. MAKING TIME OF ESSEIQCE AND NOTICE - Time may be made the essence
of this contract by notice in writing, stipulating a reasonable time-for
further performance. Any notice necessary under this agreement may be
sent by mail to the last known address of .the party to be notified.
13. SPECIAL CLAUSES:Clasing to be effected by *,awyers Tttie Insurance Corp.
9999 S. Pederal tiwy., Port St. Lucia, Fla. an or beforst Janu~r~- ~ 1980.
THIS INSTRUMENT shall become effective as a contract when s g e Eby
the Buyer, and Seller. If not executed by all parties on or before
-December 21, 1979 any monies deposited shall be refunded and
the proposed transaction shall terminate.
I, or we, agree to purchase the above described property on the terms
and conditions stated in the foregoing instrument.
I WITNESSES:
i
I , or we, agree to sell the above mentioned property to the above named
Buyer or his nominee on the terms and conditions eta ed in t ab ve
instrument and by the signature attached on they /~~ay of 19
signify our acceptance and approval of the proposed sale.
WITNESSES:
_ TELLER (Beall
~~ ~ ~L ~t,~ S e a
s
I
xACKNOWLEDGMFNT
State of ~~~
€ County o f~^T /~,[~~
( ~~
I hereby certify that this day in the next above named State and County,-
, before me, an officer duly authorized and acting personally appeared
~17L./P C ~. -A/ Y P ~ to me we 11 known and known to me to be
the individual described in and who executed the foregoing instrument
and acknowledged then and there before me that _ _
~ executed said instrument. ~ • ~.: ~ f •-~ .' ~~j
~ WITtt~ S my hand and offici ~ seal this_,~~.~ daY j •~',,.=~,~9 _~!..L_
~ at t '~ :k
~ 8 ~ r , •,'Y'• 1:
~~.~ ..:~~~i~19631
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