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HomeMy WebLinkAboutScan_1733 ,., '")') :.. ,).) ~ VIIIlI""- --*--."..-...........-......--.........~__.._.....~----.~ _.,......~....._________.:a-__~ .... -~ ...... r. ----. -"~1. sum of '..''090 'l'housnnd Dollar8 ($2000.00) whioh alOOunt Vendee agrees to pay to vendor as follow The allm of ~ive Hundred Dollars ($600.00) in oosh. paid this day. the reoeipt of whioh is hereby aoltnowlodgod. nnd the remainder of said puroha8e prioe in inatal1monts as follows: !ive Hundred Dollars ($600.00) payable on or before April 17, 1926, ~ivo Fundred Dollars ($600.00) payable on or bofore April 17. 1927, Five HWldred Dollars ($600.00) payable on or before April 17, 1926, with intereat at i I , L . ! the rate of six percent. per annum. payoble semi-annually. on tho whole su:=! re!:lain~llg froe U::JS ti) time unpaid. All sums not paid whali duo shall draw hlter.;st &t the rata of oigt.t porcent per annu~. i, I It. is mutually cov.::nanted aud ogrood that the Vondor w111 pay &11 3tuta, t;ounty, nnd , drainage toxes up to end in-:!udlng those fo r the year 1924 lllld thut tho -;endee will pay u11 I subsequ.:mt taxos on said property. I I I after receiving pOyr:!e~it in full of sold principal and interost aud all other sur:m .::hargeab1e I in its favor hereon lHid the pcrfo~!:l6llce of all of the agrecrnonts of daid 'londee herein con- I tained, and upon the surronder of thia c.:>ntruct. will at its own expe!.ae, furl:ish all abstrlic I of title sho"ing good title to saId pror::isos in :3oid ....ondor and execute m:d doliver to suid j i Vendee a warranty deed 01~ u[lid de3;:}ribod premIses, exce!lt1n~ frol:'; said warrul1tj' all liens land incuubralloes which may hove accrued on sfiid land or buildings subsequont to the dt..te , I h'Jreof, or thr;)ugh t}~e acts or nogli~ence of soid veOOoe, pro-:ided. h.)wever. ond this ::OIl- ! I tract i8 upon the oX!Jres~ c:mdition ti:nt in the ovent that fil1j' 0: the pOJ.:'el:ts hereinbofore I ! required to be !:Indo bj' the foudee be n0~ pro::1pt1y and f'ull:; paid ...i thin sixty ;:.a.:;s Ilext of':.e I ! the Sf.ce becor:;e d",lc and po;,'oble, or in the event of tt.e failure of <;.t.o ./cndeo to perfor.:l, It is mutuo11~" covenanted and agrood by the pnrties hcreto a8 follows: 'l'l:ot the Vendor .; < ~ ! I Mnply with, ! lowing coursoR, to-wit: i I!:. A. under by tr.e ..endeo 08 rental for 36id land, nr.d 11: liq~i:jotion m:d sa tisfactior: 0:' tt.e dam-: i o;!es b;r the .;e:~ ;or s'.lstoined Lj" ":irtue of tl:e brooch }:ercof by the '1cnd')e, wl:')reur,:m ell i 111ab1l1 ty of the pLrtios, tr.e one to t.he other, r.~r~under a::.c.11 cease and de~or::!i:Je. ~~G tc.e: i 'lcndor al:all have tr.e right to re-antor ond tai:e possessior.. of s61d land: or I 1 I i i I the oolleotIon of' ::Juan unpaid bol&.l1ce. bud if so p1a~ed in the hor.ds of an attonie;," at lu'N, 1 I the ';~l!du" uhflll po:; to tho '1oudor U reotionabla attonley's fee, a8 well as slioi: unpaid balanJe. I I , sion of the Vondor to exerciso any right or power acoruing upon any dofaul t mode b~' tl-.e 'ler.- i I I deo in any of the) payments hordinbtJfora required to be wode by til0 "lelldee, 0 r u!)vn any de- l i faul t in nny of the a07tlnant8 or agreements here in of tile 'lendeo ahall impair such right or I I power, or ahall b.J c.)llstrued to be 0 waivur of a~ suoh defoul t or aoquiesoenoe thereir.. I I 'this oontroflt shall extend to and oe binding upon the suollessors. assiglls, heirs and personal ropreaentl1t1 vos of tho "lendor and of the Vendee. and tJooh of them; provided. how- I ever. that said ';!)ndoe shall not assign this oon'oreot, or any intorast therein, without tt.e ...-- bl:d abide by al.:: C{::'- the COV.;I:UlltS or ldrOO::lc::ts of the/ondee t.er~in sot fcrtr., i then in S'...ch event or ~i ther of, thor::., tho "Ie ~or 00:,; c.t i tos option purs:;.e e i t.Ler of the fol- "- ""- ....... ~he 1o~dor cay terr::.inote this c.)!:trfict b::d retain all paynents therotofore r.:ade hero- 3. 'l'he vendor IllB:: declare the wr.ole of the unpaid balance of Shi.~ p~rCr.6RO p"ice to bC due and peyoole forth'" i ti., h:1..i US] place thi s COl. true t ill tho hands 0 f rol 0 t torn OJ' l1t ~ BW fo f The time of poy:.lent shall be of the very essenoe of thla contract, but no dl)la:; or 0::1:;1i'l- ~ t. :lonsent of the '(endor beiug endorsed in wri ting hereon 61.d on the duplicate oopy thereof held by the Vendee. The torroR "Vendor" and "Vendee" 88 used i~l this o..ntraot shall be oonstruod nnd taken to meen and Inolu1e the s~ooessor8, heirs, legal represontotiv8e and assigns of the Vendor and the Vendee. and shall be taken 08 singular or plural or tl8soullne 01' feminine as the ',:i '::,':;;,;t;;;'.:\t:/? F;~ ~ . . ::..._ <!;;..~~~~r _. ~ ~'": _ .":-.0".;. ,. - :...., ~.:-;tf-:~<,/:;.~<~:.:.