HomeMy WebLinkAboutScan_1736
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The Southeast Quarter (sRi) of the Southwest Quarter (sit) of Seotion Two (2). Town-
ship Thirty-six (36) South. Range '?h.!.rty-s8ven (37) 3ast, oonsistIng ot approximately
forty (40) Bores.
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subJeot to an aasel.,ent or right of way for drainage oallola or di tches and public roads.
The Vendee agreos to pur.:hase and does pu r~ha8e tho above mantioned property for the
aum of Two Thousand Dollars ($2000.00) whioh acount Vendee ogrees to pay to Vendor 88 follo
':'he sum of.~lve Hundred Dollars ($600.00) in cash. paid this day, the reoeipt of whioh I
is hereby acknowledged, and the remainder of :3Oid purchase prioe in installments as fOllowa:1j
Five HWldred Dollars (~600.oo) on or before August 25. 1926.
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~iva HW1dred Dol19rs ($600.00) on or before August 25. 1927. I
~iv~ Hundred Dollars ($500.00) on or bofore August 26, 192U.
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ll."..1 th interest at tho rata of six peroent, per annum, paYl.bla semi-annually, on the whole
SU>:l rerll6ining fro:n t1!:1e to t1::1e unpaid. All sums no t paid \\hell due sholl draw i nterost at
i the rate of eight per.Jont per annun.
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I drainage taxtlS up to and inoludh.g those for the year 1924 and that the Vendoe w111 pay oIl
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i!. subsequent taxes on said propart:!.
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I after reotlivi~ poyment in full of said principal and interast aud all other Sw:JS
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! in 1 ts favor hereon and the perforr:l6l1Ce of all of the ogreot:lents of sc.ld '/endee herein c:Jn-
It is mutually covenanted m-,d agrood that the Vendo r will p~ all .Jtate, Cowlt:i, and
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It is l:lutually covenallted and agrood by the partios hereto os follows:
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.tained, and upon tho surronder of tr.is contrbct, will lit ita own expe:1se, furllisr. un ab-
stroot of titlo showing good title to snid prdmisas in said 'iondor m.d exe.:ute and deli7dr
to said V.)ndee a ?iSrrtmt:l deed 0:' sc.id .jescrib.}d premioes, ex~eptillg frvl.1 sbid YIfl!"rlint:;
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all lions and i1icul3brunces w}~ich 1~1BY hU'Id acorued on s6id Ibnd or bulldiugs suhsequel.t to
ti:e date t'Jreof. or thrvu~i: the S;1tS or I:o~ligQ:l~e of said '{endee, provided, brl.'Ov.:;r, o:".d
this contr6ct is upon the ~xpres,; c,)ndition ttot il1 the event tr.ot an:; of t}:e }:syr:Jer.td
hereinbeforll r.}quired tv be Clade by ti:e '/endee be not pror:lptly bnd fully !T,id 'Iii ti:ln lJixty
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days next ofter the S8;.,e boco,)rne due 6nd puy,-.b1e, or ill the event of the :"6ilure 0,) f :he Ven-
oeo to perfor:z:, cocpl:; wi ti.~and abide b:: an:; of
tte covanan~s or agreements of
troo }.::r:dge
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[.erein
set 'f,J rtr., t.~e:1
in B~ch event or elthor of thorn, tho londor CliY lit Its option pursue
el the::- of the ~'o11o....1ng cJu.rses, w-wl t:
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The vondor tlliY torr:linote tills contrlict al~d rlJtoin lill paj't::m.ts ti.eretoforc !:'.Ods h<1re-!
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under by n.e '/endee 09 rental for "uld lond. c.nd i:l liquidotlon ond satlsfoction of the
da:'llfigea by the Ve:ldor sustained 1:.y v I rtue 0::'-
tho
bresch horeof by the vendee. wto::-eupcn oIl
liability of the parties, the one to tho other, horeunder shall coase and dote~r:llne,
n:~d
the '/endor sholl hove the right to ra- outcr find ~ke possoas10n of said land: or
The Vendor moj" declare the wbold of the unpltid D&16nce of Baid purchase pr1ce to be
due and poynb1e forti-.with, and f:l8Y p1aoe this con~roct in tc,e haIHis of on 6ttorney at. law
for the col1eotion of sucn tUlpaid b&16IlOe, Blld if 80 p100ed in tho tOIlGS of c.n atton:ey at
law. the Vendee shall pay to tho '/endor a reosollf.blo attorl.ey's fee, os well 6S ::Jueh UL!~uid
bnloJ;ce.
The tirlle of 1'6 ~ent shall be of tho very essenoe of tl:ls oontraot, but no delay 0 r
omlDsion of the Vendor to exorcise any right or power aocr~lrg upon nny default modo by
~he Vendee in any of the payments h.lreinbeforo required to be Clade by ti:e vondee, or upon
any defnul t In ony of the covenar.ts or o@reeCleJlts hereIn of tho '/ondee shall impair auoh
r1~ht or power. or shall be oonstrued to be a waiver of w.y suoh default or aoquiesconoe
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'thIS oontraot shall extend to and be bil.ding upon tho suooessors. assigns, heirs and
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