Loading...
HomeMy WebLinkAboutScan_2264 , (' , . i' ) .. ~ . .... .-.. H ia al1tu.ally oovenanted and ae;reed by the parUes hereto a8 tollowe: 1hat the ven or after r..e1ving ~lDent In t~ll or said Jrinoipal and interestan1 aU other sums ohargeablo in its tavor hereon and the pertoraano. ot allot the agre~ents ot sald ,endee herein oon- {) A. tained. an~ I1pon the surrender ot this oontraot. will at its O\fl1 expense. t~rnish an abstrao ot title showing good \i\le to said promisee in 8ald .endor and exeoute and deliver to said I .andee a warrunty 1eed of '-1d desoribed ~rom'ael. exoepting trom said warranty all lien8 ant inoumbranoes whloh 1Ila1 have aoorl1ed on laid land or b~lldings s~baeq~:en~ to the date hereotl or 'broogh 'he .... or ..gllge.o. or eal0 Vend.., pro. ideO, ho.e..r, a.O 'hle oo.'r.., le I ~'pon the exprtls oondition that in the event that any ot the P&3lllents hereinbetore req~lred i ; to be made by the Vendee be n~t plVmptly and fully paid within sixty days next after the 8am. i beoolDe due and payc,ble. or in the event of the tailure ot the Vendee to pertorm, 0 OlIlply wi th, and abide by any ot the oovenants or agreements ot the Vendee herein set torth. then in suohl event or elther ot them. the Vendor may at its option pursue either ot the tollowing oO~gesJ I I The Vendor may terminate this oontraot and retain all payments theretotore made here~ I ~ier by the 1endee as rental tor saii land. and in liquidation and satistaoti~n of the da~ges I by the 1endor sustained ~y Yirtue ot the breach hereof by the Vendee. where~pon all liabilitl i ot the parties, the one to the other. hereunder shall oease anci determine;. and the 'fendor to-wi t: shall have the right to re-enter and take p08sesslon of aai1 land: or B. The Vendor may deolare the whole ot the unpaid balanoe of said p~rohase prioe to be i ! d~e and payuble torthwith. and may plaae this oontraat in the hands ot an attorney at law fozi ! the oolleotion of such unpaii balanoe, and it so placed in the hands of an attorney at law, the Vendee shall pay to the Vendor a reasonable attorney's fee, as well as s~oh unpaid be.lanae. I The time ot payment shall be ot the very essenoe of this oontraot, but no delay or lomission ot the Vendor to exeroise 8.D1 right or power acarulng ~pon any deta~lt made by the . I Vendee in any ot the pa:rments hereinbetore req~ired to be made by the 'fendep, or upon aD1 de-; Ifault in any ot the ooven~ts or agreements herein ot the Vendee shall im~ir s~oh right or !power. or shall be oonstrued to be a waiver ot any such deta~t or aoq~iescenoe therein. i This oontract shall 8Xiend to and be binding ~pon the SU008890 rs, assigns, heirs and !_ lpersonal re?resentatives :)t the Vendor and of the Vendee, and each or thelp; provided, however~ that Baid Vendee shall not assign this oontraot. or an;,. interest8 therein, witho~t the consen\ ) 1 of the 'fendor being eIidorsed in writing hereon. and on the d~pl1cate oopy th3reot heli by the I "l:v,endee. The terms, "Vendor" and "Vendee" as ~sed in this oontr80t shall be oonstrued and I to _ mean I jthe I lrequire. f The I !now states, a.nd in oonsideration of the I I lot the agreement between the Vendor aDd the lexpressed in thls oontraot has been made by I Vendee to en tor into it. i ! takeD ! and inol~de the s~coessors. heirs, legal representatives and assigns ot the Vendor anl , l maYj ! I I j oontr80t agrees. that this oJntraot oon'a1ns ~he ~Ol, Vendee and thht no re~resentation or agreelDent no. I undersigne4 I I I i its president, and its oorporate seal t~ be hereunto attixed. and the Vendee has hereunto seti I i I Vendee, and shall be taken as singular or plural or masouline or feminine as the oase undersigned Vendee has read an1 understands the w~le of the above oontraot and the Vendor or its agents to ind~oe the III 1fITNBSS 'lHE"itZOF, the V~ndor has oa~sed this oOl1traot to be e1gned in its nalH by I is name and J.eaJ.. the dar am year tirst above written. /' " (q6rporate FIDRID.! UIPR01~T CORPo~TIOJ B, w.. K. Bylngton President. ,'/. ~}'i~..:.::\i':~:J'~'D~ . fl- , · ~.'. .':~~?i:~":~',,;