HomeMy WebLinkAboutScan_2036
1,78
of beotion Hifteen (16).
Lcta One (1) and ~wo (2) of Seotion twenty Two (22).
Lot ~wo (2) of Seotion twenty three (23).
ALL III 'tm.llSHIP THD\TY FOll}{ (34) SOUTH. R..llG}; }'ORTY (40) ihST.
AnJ the suid party of the seoond part hereby oovenbnte and agreee to pay
to the 4aid party of the first part. 1n.oonsideration thereof, the sum of Two thouscnd
,dollars, in the manner following:
The sum of Two Hundred Dollors in oash. the reoeipt of ~hioh is hereby
~
~~B.:/-'1J.h .;h:J8.,J'.jI.~~JI9}.. F~l1liLe~a:t.~3J ;~CPl~~lV~I~l~l}1U;
192~; the sum of ~160.00 on or before March 1st. 1923; the eum of $100.00 on or before
'^
JUly 1st, 1923, the sum of 1100.00 on or before Odtober 1st. 1923. In addition thereto
the party of the second part Sl:all pay to the party of the firEt pert. interest at the
· rate of eight per oent (8~) per llnnum. from the dtJ.te of oontraot, on deferred payments.
: All 01 any &mount of BtJid def~rred payments mr.y be pt,id by the party of the seoond part
~ at any time.
I~ IS AGREBJ, that the party of the first pert will give ~ deed upon the
. payments of one half of the purohase prioe; end the party of the seoond part will give
\
j
1
I
baok a mortgage for one thousand '101lars. evidenoed by promissory no tes. being ~l.OOO in
installment not-es and ~ltOOO mortgage with interest.
AIID IT I~ i~rlTH3R AGREED, that the party of the seoond port aooept this Island'
from his own examination and knows the ohnraoter of lLnd llnd not upon the representation
of the owner or any agents. Anl that there are no brokers. except Goodwin & Baker. who
are entitled to a oommission and no representation made by them have influenoed me in
~
. any manner.
The party of the first part ogrees to PDY vll taxes for the current year.
but the party of the second part shll1l -pay all tr,xes legL11y sssessed against scH prop-
erty after December 31st of present year. In the €vent that the pErty of the seoond part
fails to pay taxes on said property, which should be paid by th~ seoond part, then the
part:; of the forst phrt mt.y p~ the s&me; but seid limount must be repeid to the party
of the first part before the deliveTY 01 the deed herein ~rovided for.
r.1: IS I'UmBER ZXPR3~SI.Y oovenanted and ag18e.i b;: the partirs hereto that
in the event of the fcilure of tile part;1 of the oocond part to nt.ke the payments aforesaid
as they become due, or uny of them, both princip&l and interest. then nIl the rights of
the party of the seoond part in end under said contract and to the pro]:e rty described
therein shtill be foYf'ited~ anJ the perl[ of the first part sh~ll heve the right to re-
tain all sums of money ~ij un~er the terms of this contraot as rent for s~ld l~nd and
as liq~idated damages; l1nd the said parties of- the first part shall have the right to
re e.ter ond tale po~seBsion of the premises without, being liable tor shy aotion therefor.
This agreement shhll be binding on and inuro to the benefits of the heirs,
exeoutors, administrators and assigns of the respeotive parties hereto. provided,howe~er,
that no asaignment of this contrhot by the party 0 i the second part shall be bind 1ng on
the pcrty of the first part, uhlees said aS8i~~ment is endorsed hereon. end notioe given
to the porty of the first part. ond 800epted in writing by the pert of the first ~rt.
IB_~ITlBSS WHERBO. the parties hereto have hereunto set their re8peotive
I
names and seals the day and yebr first sbove written.
Wnl. to r W. Tuylor
R.L.~oodwin. ) As to purty Homer Deedles
Luoile ~.Tyre ) of first p~t.
LUO,<A to Jleedle8
, As to party o~ seoond part.
George T. Baker
(Seal
(Seal)
-
'.,-.....-..,".....:1-