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<br /> Ai�d t4e said buycr�s) rovc�tnat (s) mtd n�rec(s) to f�sy to said selfcr(s), tha sutn o(
<br /> � F3FTY THOUSAivu ls:1D NO /100th ( $50 , 000 . 00) -- DOLLARS, ,
<br /> r in !Hr mnrinar aUnwiti --------------------- '
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<br /> ; ( 9 � Five Thousand and No/ 100th ( $ 5 , 000 . 00) ---------------------
<br /> �; pAllar•s, :ush in .lmnJ ¢aiJ, tlp� rerei(�t ¢ulirreo( is hereG;� ucknoeoledged, a�id t/�r Lalance pa}•able ;
<br /> ,j Down payment as above . . . . . . . . . . $ 5 , 000 . 00
<br /> Balance of down payment . . . . . . . . . $5 , �00 . 00
<br /> � Carried back by buyers . . . . . . . . . $40 , 000 . 00
<br /> `` at 9 percent interesC with payments '
<br /> of $405 . 71 per month , with first , .
<br /> payment July 1 and $405 . 71 the first '
<br /> of each month thereafter until paid
<br /> in full TOTAL . . . . $ 50 , 000 . 00
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<br /> ; Ii, is hereby undaratood � thet the sellera of thia property havs a prior mortgage on
<br /> ' the property , they agree to keep the paymente on e ourrent basfe end pay I ' '
<br /> � off the f�ortgage completely when this agreement ie fullPilled .
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<br /> y wiUi inte*est at tlte rate o( g/ . per certt per aoui�nn, ynyaLle $405 . 71 monthly on tlic whole srun remain- �
<br /> irtg irmn time to tirnc nnpaid, attd to hay all genrral taxcs, tJta! ii�ay be (egaily fevied or intQoscd upott said land, sub- ! '
<br /> sec:�ent !o fhe ycar 6-1-76 and all i»staUments of s¢ecial assessi�fents or specia! taxes betomi»g d«e or delinqucnt I
<br /> � �!tPr 6-1-76 and kecq thz buildings in a rcasatable state of repair and insured
<br /> £ for $ 50y000 . 00 • If tJterc is a �r�ortgagc on said property, pny intcrest nnd taxcr fhercon t�Q to pay in full
<br /> . I! is orn{trm/ly agreed fhat timc is an essemttal elcn�cnt in t{iis eontract. �lrid it is furtfter �
<br /> agrecd !hat i•� tnre of mty ¢ayntent, eitlier o/ ¢rincipa! or interest, rencairiing trnpaid for a space of 30 Jays �
<br /> � a(tes the sm�te shat! Gerome due, and in casc of failure o/ the sard Lu}�er(s) to make any o/ the a�oresaid payments
<br /> � proztided for herein or t/re brcacl� of nn�� of{ier caveriant cov� fained Gerrin, this contrnc� sl�al! at the aptian of O�e rrllcr(s),
<br /> Le for(citeJ mid deferuiincd nr�d thc buy�cr(s) shall fnr�eit a(! payn�c�its n:ade licseirndcr, arid such payr��ents skafl 6c
<br /> retained by fhe seller(s) as liq:iidated dnmages in /r�ll safisfncfion of n!! tlie dnutagcs sitstairted, and se!!er(sJ shn!! lmve { :.
<br /> ttl�e rig{d to re-rntcr and lake posscssion o/ sai,! prciuises nforesuid. I
<br /> ' Tha! Uiis qg�cen�cnt s!m(f rtot be assignrd Ly bi�prr(s) utithout Nic zt�riften ronsent o/ fiie scller(s). �
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<br /> !t is nnrtunlly agrecd that all the co;;eriar�ts m�d ngrccnacr�ts hcrciri containcd skal! e.rtexd to and Le ab[igatory i
<br /> � ��roft thc lieiss, excndors, nduiinistrators nrid assigns of fhc resQectivc parties.
<br /> IN GVITNESS if�HERL• 01�, flic pnrtics of lhcse presrnts /mve kernu�to set thcir hm�ds nnd seals thc day �nd yeor
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