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HomeMy WebLinkAboutScan_1295 ~DJ . :':;:",~:.:~::'! :-,.:-. -;.~~ -',,-:::; ..-:-: -::._~.~--::: ....~~~:-c-:::::::;:-;-.:::.:::::: ~~-:;:~::~.~~-~.:-::-:-::'~~:,-;:.~~,...-:- ;-::-..:"-:'_:--;p",~~-:;:-:: :;...~~ :::::;.--:.~~'::-: ~:~:'''~:-.--:'': :.;, -::: ::-.:- ~:~:-:;..:-:~~~--::~: -. ., ! !)!lrl the Intl)Tot1t of the ,lort:l Of tl;e aeoonl pElrt in s!!ld real 9atuto an'cl the Inti)ro~:t of any I ,!>tll't~' holtl1nt 8 I!'iortyo~o (\e~lnst 8':1 d rea! osto':e dnrinr tho.tnr.a of this oontroot, st.o1l be tl 6980S80d for taxation ond t!lxod tOl"o"1.or, without ceparof;o yslua.,ion 6S uninou:nbered reol eatu-.e on,l t'lhall bo p&rd by the said port~' of ':1:0 second ~)8rt onll !;he s9ld party of the second part hertl"Jy '/:o!\'os 011 rirh+s of offsQts or doduction DsO!lllRe of this pa~'Clont of a~: such t~xos o!'.d assessments, nntil tlle aforesaid purcllaF-o r.\oney sholl be i'tIlly !lai'l, in ..~:. r-19nnor above etatod 7110 porties of the socond jJnr'w furthoragreos thot the s~;1d parties of tl1l first powt shall insure anll }:eep immrod oroinst loss or da!.lOge tl.e bui1dinr---no'ft on s::i d::-reni 8es and sucn as nay heroat'.:or be erocted thereon durinr- tho li~e of t~is contraot in the au::! of at 10ast Five Thousand (~5,OOO.OO) Dollars, afuinst 1)$8 or do~oge by fire. in the n9!;1e of the parties of tho firzt part an ownor in-for.l, with cl!l~H:!e in s!lil !lollcy that ~he Ea.id porty of the socor.d part hos land oontr'Jct in~orest thorei:i gnd tho 1)8;3 if !lny under slIcn insur!)ncos 5:1911 :-'0 flsyab1e to the s!1id portion of ~r..6 first part to the extent of thci r intorest ani ti,e surplus'ii' any-to tho s~lid !lsrty of the seco~d !l!lrt, subJoct, ho\';o',or to ':;'e rlf'hts of !:1ortf'!l[ee~ if a.ny, res!lec';inr such in81.lrSnCO; such !l011cy or policies. to bo held !):; the said psrtil:s of ti.e firl5t !)art, t:loir hoirs IOral rO;"lresontati....u8 or aszignf.l, 9S collsto-ral' b ',' / "l/r#,...',l~ to this cor.tract; an-l the said :l1rt:! of tLe second part s:lill p~: t~;8 pr'}t.Lw. on cue;' 1)0110.:1" ;v1:en dut, end in case of the foi1are or nOflec':; of ~ho ra id !larty of '::he second !19r'w to pay Sllcr. pre~.1im"8 when d:le, sold party of the first part thoir 1:eir8, lOf."lil re::n'c['c:lt8'wivos or 88- siVlS r19:: pay ~};e", ~9no and c:-.arFo the cost theroof wi th int'JTa~t ~horoon 8'; the 1e.-91 rate, '.:0 ';;r_e said purty 01' t!:o second !lort. and the S!:''lfJ sh3l1 ~fj c'}!19idored a:'"1(1 to 1:on to be a r: addl tior.al [ par~ of t1:e considoration of this contract. 7'~ party ~f ~he socond part f:lrth~r ofreos to 1101d the f:<::id pronises fro~ tho date horeof as ~i:e tenant by sufforan~o of 'who said !>'irtios of the ii Yst part sub~oct to be rOMoved os stlch tenont holding over, b;r !lroces8 under t!:e statue 1:'1 8uGh capo :::ado o:-,d !Ho~'ided, .:;hene....or defo;ll t shall be oado-in tLe ?oynent of onJ of the irilltall~ent8 of ~l.lrCPhEe conoy, interest, t~zes, as~e~~ !:lonts or insurance prsclW:lscas above specifiod; and also to i:oop tho buildint:---. ter;ces arn icpro":Or.1ents on s~ld pre:::tses .In as good Y';!lsi r andcondi tior. as thll:-- new aro, except ordinary wear and docay, and not to do any act whatsolJ.or which tenis to dopreciate tho value of ssid prenise2. Second, ~hot the said perties of the f1y~t port horob~ agree and bind their heirs, execu- tors and odt:!lnistrotoI"s, that in coso the ef'Jresaid sun of ~ixty-fi.o hun'-red (~~)fOO.00) :;011ars, wi th the interest and othor nonO:iS shall be fli11:; !laid om 011 the cond !tions horein !lro"\"ided shall be fullY !>erf~n.:ed at the titles and in the r:>>nner abo';t) speCified .they 'i:ill- on d.,r-and, '.;r.erJ after cause to be executod and delivered to ~he said party of ":he second !')srt, or his heirs cr legal reorcsentativos, a ~ood and ~ufficient ~erranty Deed, in fee si~p1e, of , the premises above described, free and c~ear of all lera1 liens and incutlbrances, except the taxes ani osseSB~ehts I · I "herein og'reod to be paldb:,' the p!lrty of tbl second part, and exoept an:1 lien8 or incuobrances crs8ted by the act or default of the party of tho second ~rt his heirs. legal ropresentatives or assigne. ~i; -. r ! "Tlfi:W',It i8 distinctly egrO'Jd and understood by and t..et\'ieon ~;he parties hereto, that if the. said party of the second part shall fah to 1'ake any of thll Ilayr:-.ents of purchase money and inter- ost abovo specified. at the timea and in th9 ~~nner above speoified, or fall to poy the taxes and aSSe8Sr:ients. or tail to insure and keep insured the premiaee herein a8 oboy., stipulated or fail to oay any or all insuran061prellliums herein s1eclfied. or violato'.IOY other.tems or oonditione heroin contained, this agreenent shall at the option of the aald porItes of the first ~:rll;~~~w]~fj1~~~{f~~ ...'1 .~.... ....\....-_.,_....,t..~:f,;;~..('~ ,....~cI.<.-~' ~....-,-,t-" v-;......~:-!'1; ~~~{1:~~~~::~.~~t~~?Ai;iii{f~i~!tw~ part be honaofort.h utterly void wi thcut ony notice whatsoever, end all poycents thereon for:e! ted su~jeot to be revived and renewed obI] by the aot of the 9&rtios of the f1rp.$'"part, or the cu- tUlll 8frao:',ont of bot.p aprt1es; and when eVfr Buoh default or .violation shall oGcnr, the oarty < - ......--:-:-- .~ . ....; .:.;~'~'.?V~if~~~