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<br /> (aii)�'he fauowing tiena ar encumbranoea:
<br /> � � 90-�o14S1 �
<br /> r � ;and ,
<br /> (bj Detiver fu Furc�nsser the abstract of title to Ehe Pragerty oa,if the title is registered,the owner's
<br /> dapticate certifi�ate of title. � `
<br /> , 4. PURCHASE PRICE.Purchaser shall pay to Seller,at (HER DIRECTION s )
<br /> , TWELYE TE�YOUSAND DOLLARS---------------------------�� •�aum of `
<br /> ae and for the purchase pnce for the Property�payable se follows: , • , `
<br /> FIVE HU!'1DR�1} II�pLLARS, AT T-�i.E EXECUTTON AND DELIVERY OF THIS CO3�]TRAC�`, `
<br /> THE R,�CEIPT OF WI�ICH IS HEREBY ACKNOWLEIaGED, THE BALANCE OF $11,500.00, �
<br /> TO BE PAID AS FOLLOWS: '
<br /> ' MONTHLY I1ITSTALLI�NTS IN THE AMOUNT OF $152.m0,� Tff�BEGI!'�� �,�'t���'- FROM �
<br /> DAY OF CLQSING AND CUNTINUE EACH AND EVERY MONTH TFIEREAI�'Lt�R FOR A
<br /> ' P�RIOD OF lU YEARS, A�'C WHICH TII� THIS CU2JTRACT WILL BE PAID IN FULL. �
<br /> EACH II�FS�ALI,ME�tT WIT.� �PL'�' FIRST TO I1�STEREST A�iD `FEiE SALANCE IF ANY
<br /> ; TO PRINCIPAL. .
<br /> , AUYEE�S TO HAVE PitE�-Lyl"hYMENT PRIVILIG�S AT� ANY TII�, IN ANY AMOLtY."I' WfOUT
<br /> j PENALTY. �
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<br /> .5. PREPAYMENT.Unleae otherwise provided in thie contract,Purchaser shall have the ri�;ht to fiilly or �
<br /> partially prepay this contr�zct at ar�y time without pe:�alty. Any partial pr��payment ahall be applied �
<br /> firet to payment of amounta then due ut�der this contr�act,includin�unpa:t�accrued intereet,and the i.
<br /> ' balance ahall be applied to the principai inatAllments to be paid in the inverse order uf their maturity. .
<br /> Partiul prepayment r�hall not postpone the due date of the inatallment� *���e pAid pursuant to this '
<br /> contract or chan��tl�e 4r.�aunt of such inetallment�. :,��'�•
<br /> 6. REAL F.�'fi'ATE TAXES AND�SS�SSMF.NTS. Purchaser shall pay,befc�re penalty acerues,all real �
<br /> estate t�xea and inr;ttsillments of specit�l a�sesament�Assessed against the Property which aredue and =
<br /> payeble in the year 19�pcand in all aubsequent yearK. Real eatate t�xes and inatall[t�ents of special ' �
<br /> asseaements which are due and pAyable in the year in which this contract ie dated shall be paid aa
<br /> follows: ZggO TAX�S TO Dk: PRO-RAT�D ON DAY OF CLUSIPJG: �
<br /> Seller warranta thnt thereal estate tnxes and inatnllments nf�peci�l assessmentH whlch weredueand
<br /> payable in the years precedin� the year in wl�ich this contrac�t i�d�ted are paid in full.
<br /> ?. PROPERTY INSURANCE.
<br /> (n) INSUREI'1 RISKS ANI) AMOUNT. Purch�a�er �h�ll keep all buildinf;s, improvemEntca and
<br /> fixtures now or lator lac�tec�on or a part of th��Pruyerty insured��ainst lass by�r4,extende� �
<br /> coverage perils, vand:�liem,malicious mischief r�nd, if applic�ble,steam boil�r ex�lrisYt►n�for at
<br /> leaet the amount of�ULL. INSUf3Af3LE: VA�,iIH;
<br /> If any of the buildings.emprovements or fixtures are l�uated in a feder�lly deai�nated floud prune ,-=-—_=-
<br /> area,And if flaad ineurance ie Availt�ble for thnt area,Purchuser sha11 procure and maintai�n floocl �
<br /> insurance in umnunts reasonabiy eatiefnctury to Seller.
<br /> (b) OTH�RT�:RM5.Theinsur�ncepoliry�hnlle�ntainalr�yspayttbleclauseinfovorafSellerwhirh
<br /> nrovides that 5eller's ri�ht t��rr.�vpr��des ihe i�ss�r�€��hu13 �ot �.irnpai:ec3 hy sr�y�ete ar-
<br /> umiseion� nf Purchuser or Seller, and that Seller ehaU otherwise he affurded all ri�;hta �in� �
<br /> privileges custnm�rily provirled n m�►rt�aKee under the so•ca�lleci�:tnncfnrd murt�aRe cl�use. '�
<br /> � , (c) NUTICE p�' DAb�A�I:. In the event of dam��e to the Froperty by �re ur r�ther ci►sualty. ���
<br /> Purchnser alh�l) prnmptly�ve notire uf euch damnge to SeUer and the ins�rc�nre compnnyR. [`�
<br /> H. [)AMAGt�;TO TNE PRO��H:ftTY. �E..�
<br /> (n► AP�'t,ICATIUN OI� tN3UIiANC� pI��aC`F:EI)�. tF the Pr��pFrty ia di►mi:Krc! by �re nr nthe� _ ��#
<br /> engaelty,the insurance prifeeeda peiei a�uccaunt�tr;uc�t'claQttig�eht�l)bz�z:ppliecl t�►pt�ymentof
<br /> . tfie Eimr,unt�,payable by Yurch�ser n r�derthi�r.nntruc2,�v�n F�'aurh fimvuntH nee nut then due tn hn
<br /> �tu�,unlese Purehaser m��:e�u permittc�c�eteGtio»d��crih�d inthc�c�exG parr��;raph.tiuei���mr,unf� L
<br /> ehctli Pse firat npUiic�cl to unpa�id:�cr.rued intF�rc�kt nn�1 nE�xt tothe in��t��Jltric�nt::t��ht�pf�id tik�+n►atci��c�
<br /> it� thig cantruct ira tltE'lI1VFYSifr urd�r�►9their m��turitY.`+��'�e �,�yrnc�nt chati nut �+nstpe�ri�•thF•duE�
<br /> dnte cr: the inetc�i)mentH Gt be ��ir.� Uurtiuc►��t t�� thia runtr�ct .,r e•h:�n�;�� thc� ii►�eowet uf' vu�•F� �
<br /> in�t�ltrrcen�.�.'Che E�.�l;�nre ofinsurnrtt:t+pra���e��d�, if n�v.�±ht�i1 t�v ¢tir yr���,e�rtv +�f I'i►��•f�n�f�r
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