HomeMy WebLinkAboutScan_2262
462
...... ~
--.;jl
.. ................-~.
U 18 autuaUy oovenanted and agreed bl the 181'Ue8 hereto at tollOW8: Tha\ the Ven or
atJIer reoehlng pqment 111 tull ot 8a 14 pr1no ipe.l and inter..' and all other 8'Wft8 ohargeablt
in Itl tavor hereon and the pertormanoe ot allot the agro~ents ot eald Vendee here!n oon-
tained. and upon the surrend.r ot this oontraot. will at Its own exponse. t~rn1sh an abstrao
ot U tie showing good t1 tIe to laid premi8eIJ in 8814 Vendor and exeo~te and deity er to _id J
Vendee a warranty deed ot la14 desoribed premises. exoepting tram sald warranty all lien8
and lnowabranoe8 whioh may have aoorued on sald land or buildings 8ub8eq~ent to the date her _
I
,
, ot, or thl'Ollgh the aote or negligenoe ot sa14 Vendee. proy14ed. however. and this oontraot 1.
I
upon the express oondltlon that in the eyent that a~ ot the payments hereinbetore req~ired 10
be made by the Vendee be not pranptly and tlllly paid within six'y days next aftn the same
beoome d~e and payable, or ln the eyent ot the tailure ot the Vendee to pertorm. oanpl, wlth{
and abide by aD1 ot the oovenan t8 or agreements ot the '/endee hereln set tor the then in i
I
i
I
!
I
hereunder by the Vendee as rental tor 8aid land. and In 11q~idation and sati8faotIon of the i
I
damagee by the Vendor s~staIned by virtue ot the breaoh hereot by the 'lendee. whereupon all I
l1abllUy ot the JB.rt1es, the one to the other. hereunder shall o.aee am determine. and the I
!
i
I
I
The Vendor may deolare the whole ot the unpaid balanoe of said p~rohase prioe to be I
!
d~e and payable torthwi thl am may plaoe this oontraot in the hands ot an attorney at law to~
I the oolleotlon ot s~oh un;>aid balanoe. and it 80 plaoed in t he hands ot an attorney at law, ~e
I.endee shall pay to the Vendor a rea80nable attorney's tee. as well as 8~oh unpa1 d be. lance. !
I The time ot pa,yment shall be ot the very 88senos of this oont:r80t, b~t no delay or I
I omissi ~n ot the Vendor to exerolse any right o~ power aoor~ing upon a~ detauH made by the !
II Vendee in an,y ot the pa,yments hereinbetore required to be made b:, the Vendee. or upon any del
t~ult in anJ ot the oovenants oragreements herein ct the Vendee shall i:n}lair suoh r16ht or !
I power. or shall be oonstrued to be a wai.er ot any s~oh detaul t or aOliulescenoe thertin. I
j \
i This oontract shall extend to and be binding ~pon the 8~ooe8.:>rs. aS8igns. heir8 ani !
personal represer.tatives of the Vendor and of the Vendee, and eaoh of them, provided, howneJ'.
that .aid vendee shall not assign this oontraot, or any intere~et thereln, w1tho~t the oon8e~t
,
10f the Vendor being endorLel in wrlt1ng hereen and on the d~pl1oate oopy thereot helG. by the!
I Vendee. l
I suoh 8'lent or ei tl::.er ot them, the VUlIior may at Us opt1~n pur8~e either of the following
oourses. to-wit:
..l.
The Vendor may terminate this oontraot and retain all pa,yments thertltotore made
Vendor shall hayS the right to re-enter and taka pos88ssion ot said land: or
B.
The terms "Vendor" and "Vendee" a8 ~ed in this oontraot shall be oonstr~ed and taketi
i
to mean and inolude the 8uooessors. heirs. legal representatives and aesigns of the iendor and
Ithe/.endee. and shall be taken as singular or plural or mBsollline or feminine as the ease mJ,
II req~ire. I
ne ~der.igned Vendee has read and understands the whole of the above 0 on traot and Jaw
!8tates. and in consideration of the aontraot agrees, that this oontraot oontains the whole o~
the ft&ree:nent between the Vendor and .tfhe Vendee and that no representation or agreement not I
I
expressed in thls oontract has been made by the Vendor or its agents to ind~oe the underSignjj
Vendee to enter in to 1 ,. I
III WITlfESS WHEREOF. the Vendor has oaused this oontraot to be lIigned in its name b1
ita ~resident. and its oorporate seal to be hereunto ,attixed. and the vendee hae hereunto
18et his tiret abo.e written.
1)
'LOR IDA l!!PR O'lEl,(EB T CORPORA. T 1011
By ~lll1a. H. B1ington
President.
:;:: :,,":'. . ,~:!.:' /;;' "i:~?/;~~2
..
)
]
)
)
]
]
, " " ,:'; 'I ~:.~S,~.:~: ;~r/i.