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theretofore advanced by Johnson to Hall, the precise amount
to be determined by multiplying the amount of the total sum
advanced by Johnson by a fraction, the numerator of which
shall be the number of days then remaining in the ten-year
term and the denominator of which shall be the total number
of days in said ten-year term. In the event of such premature
termination of this agreement, if the amount due Johnson
as aforesaid is not paid upon demand, Johnson may foreclose
its lien on real and personal property or take such other
legal action as it may be advised; and in the event of legal
action, Johnson shall be entitled to collect reasonable attorney
fees for the services of its attorneys as the same may be
determined by the court. in addition to costs of court by it
expended.
6. Upon the payment to Johnson by Hall of the then
unamortized amount of the Johnson monetary advance, nothing
herein contained shall deter the sooner terminating this
agreement; provided, however, if Hall becomes in receipt
of an offer to purchase the within described real property
(which must be bona fide and in writing), with or without
the personal property, befo~e the acceptance of such offer,
Nall must extend to Johnson notice of the receipt of such
offer, and thereupon Johnson shall have a period of 30 days
in which to meet the terms of such written offer. If Johnson
elects to meet the terms of such offer, then upon the payment
by Johnson of the sums required by such offer, as well as
the due and proper execution and delivery of such other legal
instruments as may be required under the terms of such offer
(all within said 30-day period), then Hall shall convey such
property comprehended by the purchase-sale offer, to Johnson
by good and sufficient instruments of cdnveyance with full
covenants of warranty, or execute a good and sufficient lease,
as the circumstances require.
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FEE. KOBLEGARD & TEEL, P. A.
ATTORN[Yi AT LAW ~~ Q ~]
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