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HomeMy WebLinkAboutScan_2409 551 :..6r 9.18 oheiue; thlnoe weet 4.78 ohe1na; thenoe eouth 44 degrees. 36 mInutes west 7.96 ohaine u to the St. Luole Biwer; thenoe eouth 62 degrees, 30 minutes Bost 1.11 ohainsi thenoe north 32 degrees 30 ~nutes eost 2.00 ohelns to ~olnt of beginning. Together with 011 submerged lends end riperien rights 6p~urtenont to the above desoribed treot of lbnd. Together .ith 011 improve~nts, e&sements, heredit&ments and eppurtenonoes thereunto belonging. j~d the said party of the.seoond pert hereby ooven~nto end agrees to nay to said party of the firat pc.rt in ooneiderut1on thereof the sum .of FIPTEEU HU~mREn (~1600.00) DOLT.ARS in the Ill8nner following: The sum of rIVB HlJ:lDRRD ($600.00) DOLtl.RS on or before January 16. 1923. and the 8UIIl of ONE THnUSAUD ($1000.00) Di)LLI~RS on or before Januery 16. 1924. together with intereet on sbid deferred pbyments ot the rate of Six per oent. per annum from the dote of this COlltroot. interest pnyable bt the maturity of fooh installment, P8ymen~~ ~y ba ~nticip~ted by the portJ of the second pert, und interest shell be celcu- lsted and paid &ccordingly. The pbrty of the 8eoond part hereby agrees to bssune ~nd pay ell taxes eeeessed for the yeer 1922. end for ull subsequent yeere. The p&rty of the seoond purt sholl be entitled to go into immediate nossession of B8id lend. Upon the pa~nt by the ~~rty of the ~eoond p~rt of the full nuroh~se price. together u;..... ~ , t with interest. be shell be entitled to warrenty deed for said property. It is further expressly coven~nteJ and bgreed by the parties hereto thot in the event of the fnilure of the pbrty of the seoond pbrt to make the ~JmentB eforesvid bS they be- - ocme due, or ony of them, bO~hq)rinoi'08l end interest. then ell the ri~hts of the party Df ~R. J~\r of the second pbrt in end under this contract end to the nronerty described therein shell be forfeited ond terminated, end the Tlf.rty of the first plrt shall heve the right to retein all oums of money paid under the terms of this oontreot 8S rent for 88id lend and &0 liquidht€d dbmages; end the 8&id pLrt~ of the first ~rt shfill h~ve the right to re-enter and take possession of the premises ~fore8oid without boing lisble for any '-, 80ti~n therefor, The party of the first part shbll also hove the ontion to bring suit for the purchLse ~rioe, or Hny balance due thereon, to~ether with interest 8nd costs, ond e reasonable ottorney's fee in the ever.; of the fcilure of the seoond narty to comply with the terms of this contract. This agreement IOhl:ll be binding on l,nd enure to the benefit of the he irs, exeoutors, edmintstrotoro end Bosigns, of the respective pl,rties hereto. III ,llTl;ZSS Yil~REO]:O', the 96rtiel3 hereto hbve hereunto set their resr;cct1ve ntomes end 8.elo the day and JeLl' first above r.ritten. Elmer Robb (SEAL) ( SEAL) Charles A. ~eloh Signed. sealed end delivered in the presence of: u HOlllard Taylor Margaret E. Rogers As to Elmer Robb. I?e Cr- "i.f} T.>- "I'-' '0' 11/ J,'rj Howord Taylor As to Chnrles A. i.eloh. Margaret g. Hogers ] ; .tiled- and I r:~~ t:jl 12th day of December 1922. P. c. Eldred, Clerk Cirouit Court By -Ii>~ ~~ D. C. , ; ~.~ ;-,~ -~~ ~: ~~-.- .:~ -.' ~.. ~- ~ ~._. - . .' '"..- ,,-' ~.. .. .' ':.~.":-~f;\ 7'..~. ~_'. ../'~_ '_., .... . .' . - . ,. .. - : - i . ' . .' . ..- . .". ~ -: -..... .: . . .. < -.. .'~ . "~ q.-- =: