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. _ _ � <br /> ; . <br /> 78- OOY44 �. <br /> PURCHASE AGREEMENT <br /> � PAGE TW0 <br /> c.M i� <br /> �i 6 . The Sellers a�ree to provide to the Buyers an Abstract of � <br /> � Title showing marketable Title in and to the real estate , described F <br /> � � � <br /> i herei.n , for the purpose of permitting the Buyers to have said Abstract <br /> . ... �j � . . . . . . <br /> � � : � of Title examined and secure a Tit1e Opinion thereon . In the event <br /> : , <br /> , <br /> there are any Defe�ts of Title , the Sellers sha11 have a reasonable <br /> � ���1 � <br /> � time , within wYzich to cure any defects . Upon payment of the remaining <br /> � down payment upon said business , the Buyers sha11 execute a Warranty i; <br /> ' Deed conveying said real estate to the Buyers , said Warranty Deed to ' <br /> ; <br /> � be held in Escrow to be delivered to the Buyers upon completion of the <br /> � terms and provisions of this Contract . r'; <br /> ; 7 . The Payors may make further payments in multiples of $100 . 00 `+ <br /> ' , <br /> on any principal payment date . �%" <br /> :, ; <br /> ,. <br /> # ' Failure o£ the Payors to pay said installments when due sha11 f{ <br /> � . . . f�. �. . <br /> cause the entire pri�cipal balance , together with interest , to become ; <br /> i due and owing on said instrument except payors sha11 have 15 days `, <br /> � grace to make up the payment . � <br /> , <br /> � Failure by the Payees to exercise a default on one non-payment �� <br /> � sha11 not waiver by them to exercise their option on any subsequent � <br /> � default . <br /> ; <br /> � Each of us personally charge our separate estates . <br /> - � , <br /> j 8 . Th.e entirety of this Agreement is co�a-Eingened upon the <br /> � Approval of a Loan for the Purchasers . <br /> : �1 . . . . � �. <br /> � 9 . The entirety of this Agreement is contingened upon the issuance <br /> i <br /> .. �. . . � , . . . � <br /> '; ' of a valid Liquor License to the Purchasers . <br /> ; ;: <br /> i : '10 . In the event that the Btzyers sha11 breach this Agreement , other <br /> , ,; <br /> '� than the contingencies set forth above , then the $1 , 000 . 00 shall be <br /> - � forfeited . <br /> i <br /> � �e Sellers agree to warrant and defen.d the sale of this <br /> ; i : <br /> � business , and real estate , goods and chattels hereby made , unto ' <br /> � . <br /> �� � the Buyers , their executors and assigns and administrators , against <br /> Y' . . ' . .. . . . . . . � ' . �.. � � - � . . � ' � <br /> al1 Claims of an.y 'and every nature whatsoever and agai.nst all w� <br /> �� <br /> pers,ons whomsoever m3ght malze a Claim : ,1 <br /> i k :. _ ' a. , . � . ` . <br /> �Y�.�c � ,'S OUZ' S C�. @a S 'd'tE�- <br /> �^Y�nA.h�� a , . , . � � . ._. . ._._.... . . . . ._. . . . <br /> � tY"'.�Jr•.p. ..l � . : . �I � . . . ' �'. ' . .__� �..� . . . <br /> , , . . � ' ,.� ' t _ . . <br /> . ` <br /> s . � .% �� \ � _..__ .\, "'� `' <br /> � R ' r . ., . �. . ' . � �.. �4• „ . .. � <br /> �� ° OZ.LOCK, Seller PAMELA � POLLOCK , Seller <br /> .7 . . . . �. � . . .. r . � . ' . . <br /> M. <br /> `.�, . ... .. . <br /> � JOAN PR , Buyer <br />