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HomeMy WebLinkAbout2234~o- S ~ 1939 ~~RTICI.:S ~F A=~1:,_3'I::I~T, made thi: 31 day of Octob~r, 198U, bet~:~een I.L~YD D. kILLX and hARLid RI1~i'.Y, his r~ife, ~artieti of the first part, and J~SSIT: nR0'~'l:i and STARIrI 3i2C)"ii•+, hi~ ti~~ife, parties of the ~econd part, 1'lITir' :~;~:Ti~, th~t i f the said ~artie~ o f the ~ecor.~ rart ~hall fir~t ~ake the ~aymer.ts and gerform the co:~enant~ hereinaft~r ment- ~ one;~ or. their ~art to be raade and ~erforrr:cd, th ~ said _~arties of the fir~t ~art hereby cover,ant anu a~;ree to c onvey and a ~~ure to the said ~arties of tr.e s~cond :~art, in fee ~im~le, clear of all er.cu.^~b- rance:~ ~:hat~oever, by a oood and sufficier.t ~ec~, tiie ~ ot, ::iece, or :•arce? of ~r.ouri:i ;ituated in the Ct~ur.ty c~° :~t. I:acic, :~t-:~te of ?? orz<~a, 1.*:~.:?7 a21C1 de~cr;bec'~ as fo? Io:::,, ~:~ : ~~; ~;ILi,:;:~S .'~'t1:~3~)IVIUI~i:, nloc~: 2, l,ot 9, anu ar.d the :ie~t ~3 ft. of vacate~a a~?e~ a::- joi: i.n~- on tre :a: t~ ~n : ~i:.., .:~i~ ~arti~~ ~f :~y t:. tl~~.: ~~ai3 ^artics ( ;; i j,.;'t ~':~ `~?) ~;)i,',':i2:, 1n :_L': ~~:~..::~ ~ a;,~:;0.4;?) :~~~i~ 1ritCT'r~:. t ~ t'~e ~~con~i : ar ~ Y:ere'~y cav :r.ar~t and a~ree to of the first art ~~.~ ;u-~ ~f ~~'I:~:~~':._:,, T:~:;~ ~t~°;D th~ r~at-ner io?~!~~~.:i*:f; r~:~.. '~:.'~li:~:~;:i~ ~I~I~: I,~?:2S ~:;:;': .'t,??::..:T an:.-? th~ ba~ance at ?.Z~-;; Lal.ance t0 Df: :'~alC~ 1.T1 '.",p21t:2j~ :LT13taZLfRL'21tS Oi a?_00.0~ :ius i3~.00 to be :vut ~n e~crov~ for taxes and insurance ~:akir_~; the tota ~-~onthly r.ay^~ent ~a'Z30.C~Q. ~t :~uc'n ~ir.-e as the taxe:~ ~ W~ an~ ir_~urance i:~crease, :~akir,~ t'r~e ,"~3~,OC ~ ~~ ~ ::,~r.tr~?y e~cr~~: a^~ount in ~ufficie::t, the• escro:: ~, o~;, ~, au:~~ant :,ha~? ir.crease ace~rdin~~;~ to co•,~er the ~ ~~ ~ c~:ar~es. It is tne res^on~i~~ ~it.y of thF ~art;~ ~ ~~H ~ •~~ ~::c s:;c~nd ~art to :~ai~ tair~ t ~~ ::~~our.t ~f ~ ~~~ 7~ ~h~ e: cro-: ~ufficient ~o . ~a~ ~i;~, ta-r,t:s a.nu _,~ ~ ; ~ -"-' a ~ ~ ~ in:-~arar~ce. . , ._;,~~ o=,; N • _~ay.:,er.t~ ~iia' ? bc aue ar~i ^a,ab? ~~ or: t:.~ ~th ' °'- }~ "•= r' =- ;; i. ~.'? ca~~ of ~ac:: ~or.tfi co:~~enc~n; ~:c~ob~r ~~t?~, , - ` , ~ ~~ ~ . ~d~?~ ~_ ~ ~, at Sun Bank of St, T.~j~ ~nt~~ ~` t 4 er~~' f:' ~~ 78 - :"~riaa to be c?e~osited in acc~~unt :, ~ ~: ~ •~ 80130~2 _ ~ ~ ' ~- Y ~ . ~ '. ' at~ ~har; e ir. ~~e a_~oflnt ~f ~~+~.G'' .,___? ~e .:ue ~ " ~ ' cr: a::y "a;~~~r~t .~a~t ;.i~ae =or a ~ ~ri~;~. c f tc:~ ('10 j Gc~.yS• ~ ar*ie.s of t?:~ ~eco^4 ^art furt}i~r a~'I'E',f; t~ _~ay a? i taxes, ~~seti~•- f'~'Zlt:. O2' r..^.2_':~1 i~t1!~:15 tt?8t ^]c1~ ~e ._Cf'a~ i~J ? e~ried QZ' 1'"'=D:~P~ ~~_~t?Ci .~2.1~1 ~ a~ _i : u~se :uent ~o t~.e year ' 95C, a~ic~ t ~ k~e ~ tne bui~_~:inr ~ a?~on ~aiu ~re:~~~e~ ~:::;ure~' ~n ~~::e coT^any :atisfactory to thP ^artieG of the firtit -~art ir. a::u~a r.ot ? e~s than ?~IF"i'-, ':: m:~U~~".':~ E~:~D 0~/:~i1 (;? 5,"::~~.~~:~} ~Y~:~L~"::~:~ durin~, the t~r:a of tiiis agreem°nt. ::nci i:: ca: e of the :ai.iure of the :aia parties of the seeonc; _:art tor:a:•:;; eithcr of th~~ _~ay~r.~=nt~ or an,y ~art thereof, or to ^erform any o f tiie c~~venants on their :~art hereby raade and entered into, their c~r.tract ~}:ali, at th~ o~tion of the :;artie~ of- the fir~t ^urt, be f~rfeitc~1 ar~~ ter^~ir!aLed, and t~~~~ :~arties of the second part shall 800K~4~ PAGE~~,•,-) Jo,~~ , t ~ ~ ~ - - - - - - - .~:~ "~~'~~~~ ~~:~~^-t,-Y:_ :. -t _a- ~