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HomeMy WebLinkAboutScan_1744 -4' ;,. ':t , drainago all subsequent It is mutually oovenanted and agreed by the parties hereto as follows: That the Ven- - "7" ~ --.-.... c the year ~ J ~ dor ofter reoeiving pa~e);t in full of said prlr.oip81 and intoroat and all other sums chargeable in its favor hereon and the porfonnal1oe of all of the agreeClents of said Vendee herein oontoll:ed. and upon the 8urrellder of this o;)lltraot. will at its own expellse, furlllsh an abstraot of t1 tle showill8 good t1 tle to soid premises in said Vendor and exeoute and deliver to said Vendee s warranty deed of said desoribed premises. exuepting from said \'lar'-anty all lions and inoumbranoes whioh may hnve aO;1rued on said land or buildings suli- sequent to the date hereof. or through the acts or ne~liaenoe of said Vendee, provided. towever. and tl.is oontraot is upon the express oondi tion that in the event thnt an,:: of the payments hereinbefore required to be mc.de by the Vendee be !:ot promptly ane. fully pai d wi th- in sixty days next after the sru:Je beCOTJ8 due and paooble. ~r in the event of the failure of the Vendee to perform, oomply with, and abide by am' of the :lOVtlJlallts or agreements of .;: .. ..i."_ r ~ J ~ ~ ~ ~ .. the 'lendee herein set forth, then iusuoh event or el~her of thorn. the Vendorma,j' nt ita ] option pursue eitter of tte following courses, to-wit: A. ?he Vendor !:l8Y teminc. te thia contrtict and retain all pa;,rr.;on ts theretofore Clide here- ) under by tho Vendee os rentr.l for said land, and in liquidot1on and satisfaotion of the da:::c.ges by tte vendor sustained by virtue of tho breach hereof by the "/ondee, "hereupcn all liability of the parties, the Ol~e to the otl:er, tereunder Shall caose bnd deto::'r:l.:.ne. bl~d t:-.o "/endor shall have tt.e right to re- enter ~Hld toLe possession of soid l(lI;d: or ~. The Vendor !JOy dell18re the wh~le of the unpuid oalbnuo of aoi d purchase cri~o to bo 6.ue and payable forti:wi~h, and ::lay place this coutruct in tho hanjs of on attorney (it lc.w for the collection Jr a:wh unpaiJ -:wln!lCo, bnd I:. 8) ..lo;}ed in tho hauds of f:1l nttorne:i at la'll, the vendoo Shall poy to the 'Jondor a rcosor:oble c.ttorne::'s foe, 8S \'tell as sl;.cr: ~lhpbid bt,l(d; e, '1'1:e U!:'le of poyment shall be of the viiJrJ eS31'JIlCe of this contract, but no dolo:; or or:~1i8sion of the Vendor to exercise an~' ri!?ht or pouer llcuruing upon tho defau1 t wudo b:: tr.e '/endee in any. of the paycen ts hereir.beforo required to bo T:ade by the Vendee. or upon ) any default in any of the cov~nants or agreements herein of the Vendee sholl iopnir such ri~ht or power, or shall bo cocstrued to be 6 waiver of an~ such default or acquiesconce ] ttorein. This contract ahall extend to ond be bi~ding upon the successors, assians, heirs and I IperS:')J,al representatives of tho lendor llnd of the Vendee, ond each of t}:ora; providod, how- over. that said YOlldee shall )lOt ossign this contrtict, or any interest therein, v:ithout the o<msent of the Vendor being endorsed ill wri til1g toroon and on the duplicnte cOPJ thoreof hold by tte Vondee, The terms "Vendor" and "Vendeo" as used in this CJI.tract sholl be construed and taken to -' mean and include the suocessors, teirs, logal repreo:Hmtr.tiveB and 8saigns of the '1endor find the vendee, and 8h&11 be ~aken os singular or plural or wuscull.lle or famine as tho case cay require. '1'he undersigned '/ondee has road and understands the wl:ole of tho above cOI.traot end no'll states. and in oor,sidoration of the cOl1trc.ot agreos, that this contraot oOI;tains the whole I of the agreement between tho 'Iendor al.d the '/endee aud that no reprusentat10n or agreemont not expressed in this cOlitraot has been ~de by the Vendor or ita agents to induoe the under- signed 1endee to onter into it. lU WlfBJ5S WH&R&Ol, the Vendor has caused thi8 oontreot to be signed in ite name by its resident. and.ite oorporate eeol to be hereunto affixed, end the Vendee hee horeunto eet ~;!:':::;i.;: ~)~)~:;; :/?:::'~' ~? ; ..