|
y_��.rs*-i,.v.e � .w,+` t�f`ri �t i .y. _ , a. � r__-
<br /> - �r��'i._� _ ` ,.�t. _ ���, ..... . , ,- - _ , . . ._ . ._.. _ f _ _
<br /> .: , . _ ` � � ; � `i��l4 C��M a : : ��' t�, , . .� c' ` ... o. _
<br /> , .�( ' e'.- .,- ..- '_. � . . � . . _
<br /> , .. � . . . t.y ° ?� - -.- , -
<br /> '�°'. , ' - �-a----_._�_�__�.�G_...'� , -� ____ ` .�- �--_... . .----- - • -____�.__ •
<br /> �,;� .
<br /> -_— =-��-a'�� • ' �� ' � •
<br /> _-- —=-.�.,�_ . . ,. .
<br /> _: _��:�� � ` . ` � . � 94-toos�r . ����
<br /> - - � 8. Th� purahaae price shall be paid ia the 'Lollcwfnq manmer:
<br /> ��� ::z=
<br /> t�•� � � . _ . . < < � . � �
<br /> 2. 'T2ie aum of Ei hty-Fiv� .Thousand and No/100 Dollara �� �
<br /> . .`.�-•..; �,.�_ . . . g . .
<br /> •;� � < � - (S85,OOQ.O�) aAaii be paid by Buyers to Se2lers upon ��
<br /> --- -�� .f; '�� � �- _ the execution ot this contract. Ad justments ahaii be' ���_�-.._�_-��.
<br /> 1 =�-- �--r�`<< �made to thia amount and achedu2ed out on Schedule A j � ��� '��
<br /> . � =� � ,� � for items including but not limited to the [: �
<br /> � � ` � � followin ,- _
<br /> �... . . _._ _ � . q: proration iof ieal eatate tax aicd . . �
<br /> :. �� = � � insurance, workmen•s compersation fund, vacation. pa�, z-�' � �� � .�
<br />. �:-�- � < �.1�''` accrued, and the cost of inventory. �``.`< --`���-.
<br />..� L; . `� �' � ., t . . . . . . . � . . .
<br /> : #: ,'� ` .�.�°�� ` 2. � The balance of Four H�ndred Thousand and No1100 � � . � �
<br /> - . Dollars (s400,000.00�, plua iriterest thereon at the`__ �. .:_� _ •
<br />.-���; ' �G� .. ` _, , ' rate of eiqht and one-half �ercent . (8}i) per anaum ;,. '�..`..: ': :
<br /> ' ' � .� .� from May 1, 1993, shall be payable in monthly �.: _ _
<br /> � � � • -- .� � � installments in the amount of Four Thousand Four ` �'` � -
<br /> � _ � Hundred and No/100 Dollars (�4,40Q.00j tor a period � ' �' � .�
<br /> �
<br /> t- :�. � �-� . o€ 146 consecutive months, with � final payment of E � �- � -
<br /> -: - - ._--- - .. .: _..�. Four Thousand. Three Hundred Nfnety-Seven and 97/100 ` ,� ..;
<br /> --- �--..__.:. :..: .
<br /> . ` . . ` .: •__ � , Dol2ars {;4,397.9�} due Auqust t; Z005. The attached i , �. , .. :
<br /> � • . amartization schedules, which are attached her�to aad ;
<br /> � � are incorporated herein and made a part hereot hy � .� ` �
<br /> �� . � 'this reference. The first paymeat shall be dus oa or , j� ,
<br /> _ __ _. � _ . � b�fore Jun� I, i993, and continuinq the first day of r _ : � _
<br />_ - -.----- -- each sncceeding month the=eafter in accordance with -`� '�, -- -
<br /> �: .
<br /> �'. . sa3d amortization schedules. j , :t
<br />- , _ ; . w -
<br />: � , . 3: Interest only from the date of execution of t2�is ' ��`
<br />-��� ; � � - '. . contract throuqh April. 30, 1993, shall accrne on the f-���� ���• `-`
<br /> � � ; . � � ��� Four Hundred Thousand and No/100 Dollars � . .
<br /> :.;�;;;. : � . , (;400,000 00) , at the rate� of eight and one-half j ' �
<br /> �-���3 � � � • � perce:it (8}3) and shall be due from Buyers to_ the � �
<br />';=``: � � Sellers on Ap=fI 30, 1993. `- ' �
<br /> � . ,
<br /> �.
<br /> _. ,
<br />>,_ --- •----..._._...__._......- • - -
<br />`� � 4. Prepay�cent car�:..3�e made at any time on the first etay '
<br /> ��''�'��� ` � � of an� mcnth 3� the am�ount of Tea Thousaad and No/100 �
<br /> ?`��' ' " � Dollars ��14,Qa�3�00) or more withaut penalty.
<br /> . � '
<br /> t � . � __ . . 5. �po� �ay�aent ffig the Buyers of the purchase price in . :
<br /> ' . � � � full, .. vith ail interest thereon, and upon the �
<br /> '�;;�;;;.�'� '. ' � , perfos�ta.^ce by the Bupers of all conditiona which, by � � , �
<br /> ,�..�,;;:' -.- -...-� -... the te:�*s. of this c��rtract, are tv be performed by . . .__•._ ._
<br /> � � • the Buyers, r.i� ,Sellers st�all deliver the Warranty
<br /> �° _ ' : Deed and abs:.,.-a�t to the Buyers, os their assiqns, �� .� �
<br /> �,:, , . ,; . , nominees, or su�cessors. � ..�
<br /> ���,.+. � . .;,.:.;;:;� . , �. .
<br /> ����� �-� - •���: � � 6. Each yeas'ur�tfl the .note is paid, the Buyera agree �o � �
<br /> , -�. -':�;';,.�.
<br /> �'�' �'�' provide the Se3lers with a copy af the real estate ....- � .�-
<br /> ... . �:�,,:._ ..,:_... :.
<br /> -°;�.+,��,; �' � �ax rece�Ft �na a copy of tke insurance policy with _
<br /> � _��.��� • � �r.overage �t L���t� equal to the balance of.the aote. � �
<br /> ' ��� , .
<br /> =ti��� � � �- � ' 7. All ma��t��.y Payments s3ue on the first of the month . �
<br /> �� ��- � - -- . :. which are c�ade by the tenth of each month shall be
<br /> � . : ' "� �" considered to be timely made. �
<br /> � . . ' ,.
<br /> �_ . --. : . . � '
<br /> � ;i r:�:;i��`
<br /> __ :�"`ai.�4cS:ll1:'.. . . . . . � . .
<br /> �; a �� -t .•.: .wv...r�.`�"'�'i!;;`�-s�..,G.eM�- . _ -a+ _.... .-'s,.T.�+w:.�M-':'.�� '�� - - �
<br /> - }a%:.t�,:�sri.,._. ; . .. - • ' ' �
<br /> ;:� }�•'�•�:'; " ' . . . . _ •
<br /> ,. .
<br /> _ .
<br /> , . .._, . . . ,
<br /> , . .
<br /> - •
<br /> -� �.�*��.._ . . .. -. ---- ----=---_ -- - - -- - -... . . _., ------ -- -.----------- -: - --.----_=----=-------:-- - -- --- - , --
<br /> ..:��c *[ir�r�'f� : ..T••;,-�. � . . .. '. . . • . . . . • - ' ,. . :_ .. . . . .. � . � .. . .
<br /> . •
<br /> � _ � .
<br /> _s. .�:....:...•
<br /> ..
<br /> . . . . .
<br /> -� ' '� ' j�fi,'.f� . . � . . ' � .
<br /> ..� f'Mi`4.�}++ . '_'_'_ '_""___...... . . .' . . . _ ' __ ___"""'"_-___- ___ _""_' _' " ' . .
<br /> ;$ �'• . , . . , . ... . . - , . . , , '' . i, . ' ' . . , .
<br /> y.�ri'Y;� ' � � ' . . . . � � . ' � . � ' . ,
<br /> . r , • , . -
<br /> ��, . .
<br /> '� � . ' .. �. . - , . • • . , . .
<br /> �-�,.•[.,.�i - • , ' � . , . . .�.� 's'a'�y , y , . .. . � .
<br /> -'_ '_ '' - - . _ _ �� �-.�.._: . .
<br /> Y f• ;.•��-- . . --�—=. _ --�*--__-, �:.�,.,.e'�--�, ��-�'+'� ��-=— -----_�_--.
<br /> -- r �;r { ' ,l. . . . ' . _ . , i . . • .
<br /> ..a_ 3 'P'. . _ .ya.';� . . • , .. . _... T�� ���.�� , � • . ..
<br /> . _"��'�y l �-��) .� kv • '!.� , ' . . . ' . - . :��.. ' � . .
<br /> - - �i.11 -a3�"t3`�.i(ir� r� - . " � .� �.}.� .sy�,7!C�y.J' - . . .
<br /> _-. -- ��`r S•`Si Z .' •� '"7 i. ,.� .���. �.+- � � . . i! ,. '
<br /> _ - :- __ :�� .�. ..._. . � . , . ,. .. .,�.^..f,`'' a. �.i: �• ...� .i�. . . `� . . • .
<br />
|