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4. CLOSING DATE: This contract shall be closed and the deed and pos- '
' ~ 15th Se tember ~
session shall be delivered on or before the day of . p..........
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1984...; unless extended by other provisions of this contract.~/~ ~ S~I~P `
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5. PRORATIONS: Taxes, insurance, interest, rents and other expenses and ~
revenue o£ said property shall be prorated as of the date of closir~. `
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6._ EVIDENCE OF TITLE: (Check (1) or (2)) Within 30 days ;
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from the date of this contract, the seller shall, at his expense, ` ;
deliver to the buyer or his attorney.in accordance with Standard A on j
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Page 3, either: (1~ abstract (2) title guarantee. '
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7. CONVEYANCE: Seller shall convey title [o the aforesaid property to ~
the buyer by statutory warranty deed subject to matters contained in
this contract and taxes for the year of closing.
8. RESTRICTIONS AND EASEMENTS: The buyer shall take title•subject to
(a) Zoning and/or restrictions and prohibitions imposed by governmental
authority, (b~ Restrictions and matters appearing on the plat and/or
common to the subdivision, (c) Public utility easements of record,
provided said easements are located on the side or rear lines of the
property and are not more than six feet in width, (d) Other..........
Further provided that none of the foregoing interferes with the use of ~
the property for the purposes as stated in this contract.
9. DEFAULT BY BUYER: If buye~ fails to perform any of the covenants of :
this contract, all money paid pursuant to this contract f~y the buyer
as aforesaid shall be retained by or for the account of the seller as
consideration for the execution of this contract and as agreed and
liquidated damages and in full settlement of any claims for damages.
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k 10. DEFAULT BY SELLER: If the s~~ller fails to perform any of the covenants
i of this contract, the aforesaid money paid by the buyer at the option '
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E of the buyer, shall be returned to the buyer on demand; or the buyer
i shall have only the right of specific performance.
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€ 11. TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Typewritten or handwritten ~
g provisions inserted in this form shall control all printed provisions
~ in conflict therewith. -
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~ 12. OTHER AGREEMENTS: No agreements or representations, unless incorporated
~ in this contract shall be binding upon any of the parties.
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~ 13. SPECIAL CLAUSES:
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fi A. This contract ~s contingent upon the Buyer being able to obtain a ~
~ mortgage in the amount of $30,000.00 within 90 days from the date
~ of this contract.
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B. This contract is subject to Court approval.
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~~x 439 P~E 942
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