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<br /> . �. ' ... .. . ' � �� • .. . n . . ' _,' . O��n.a.. �N.A4V��1X�n�.
<br /> ' . ' . , � r� .. .� •• ".a j y:,�.•li'1�i{`t,.
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<br /> `, .r'' • .. �� � ' ' . , . ' t��`..r
<br /> . . . �.�
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<br /> with a carraaponding reduatian in tho emount to bs eppli�d on �. „ �•
<br /> future in�erest. S3.milarly th� 3EL�HS ehe�1 hav►�c� ���ia ai�e�].ru�W °
<br /> �ight onoe during eaoh fi.va (5) year period o�' �ha� eacietenas� 03' • '
<br /> thie coa�sa ot to require the BUYERB to meke�p�yne� ad�����.18�A�~..
<br /> payment in advanaa� proqiaed that at less•t�i4� �a onthe muet
<br /> have elap�ed a�ter a maxl�nura volun�ary pr3noipal payme3zt Y�ae bse� � .
<br /> • made by the BUYERS before the SELLERS aan meke this demand. .
<br /> (b) Tn eeoh o� the foxegoing pro�tisions of Paragraph (a)
<br /> of th3s Seotion 3� the B�JYERS and the SELLERS, respective�.y� shall.
<br /> givd six'(6) monthe edvano� wr3.�ten notioe, to �be �ent iz� dup�:�.cat��
<br /> one copy ta the Esorow A�ent and one aopy to the l.ae� Mrt.own: a��dresa .
<br /> �. . �,..:.,
<br /> of the other party, or to the succesaor in interest o� the athe�r
<br /> partg. In any event, however, notioe only to the EscTOw Agen� � �
<br /> ' ahall be, for all purposes hereof, fully auffioient� aild an adequ-
<br /> ate oomplianae with this requirement, and eaah party shall be ob-
<br /> :, ���.,. ligated to keep the Esarow Agent 3,nformed at all timee of their '
<br /> ^�������- � respeative addreasee to which euah noticea sent to the Esorow Agent
<br /> ,±��.��,:;�'.. may be forwarded by the Esorow A�ent, who shall forthwith teke suoh
<br /> +�� "``°���'�G�„yy."".�" '� ectian upon reaeipt of thie or any other notice xeferred to in thie
<br /> �#�w°.�':'��, . � agreement.
<br /> 'x�,���:`:i ' � ,
<br /> �' ��:�;:.;.�,:.;t.; •
<br /> �J t�,�,.�;,;.� (a) The exeroise of eaQh or eny of the foregoing options
<br /> .a,
<br /> `'�'`�`~"°�"'"y` shall be effective only as of Merch 1s� of the yeer aoncernsd, and
<br /> ,. ;�,�..,.,..w::
<br /> ' ,.}�w?T N, the notioe, e$ ebove prov3.ded, shall be in wxiting and mailed or .
<br /> F;. ;�:t. :..�r. ,��
<br /> -���n •.�-�•Y. r ' pereonally delivered to the Escxow A�ent prior to the end of tha
<br /> �����`� •
<br /> :;��,�;�.,,.�,�;., pre Q e d i.ng Augus t.
<br /> .�i�Mql�\.4Mi vt.•�1VY�,'.
<br /> 4r6-,.- y �6�
<br /> �,s,��;,�;.,.,�� ,� (d) Upon the exeroise of any of the foregoing options y
<br /> 'i�`,"�.`:{rt:e : ;, :
<br /> -�.����:,�;;,�:� e:ither party, the prep�yment shall not conetitute a reduation in
<br /> `� �� ' ' the amounts of future arulual payments but shall eerve only to ehart-
<br /> .,;..- .
<br /> ,;:;.,
<br /> ��.
<br /> ��`,`i°, en the number o� future yeare in which additional payments are to
<br /> r_ -,.,,.. ...
<br /> �����.�:; be mede.
<br /> �;�;r�,,,
<br /> ��"• (e) If a prepayment is made et the option of the BUYERS,
<br /> ,.. . : ��,:r.s.� �
<br /> y,... . .. ,;� ;
<br /> � . then the Esorow Agent shall also make a prepayment to tha Federal
<br /> �� Land Bsnk on 3ts first rnortgage owed to it by the SEZLEFtS if such
<br /> ',�`. obligation has not at that time been p�id in full; however, if the
<br /> : � , prepayment is m�de at the option of the SEZLERS, the Eecrow Agent
<br /> " � shal.I not hol.d baak funds for nor make an additional prepayment to
<br /> - �� : :�
<br /> ,� . the Federal Land Bank, if the option is exercised by the SEI,LERS,
<br /> ` . - un.Iess er.pressly direated by the SELLERS to do so.
<br /> ° ARTICLE II.
<br /> TAXES ASSESSI�IENTS A�JD INSURANCE
<br /> ,; � Section 1. Taxes. SELI,ERS agree to pay the 1972 and all �.
<br /> ,�' prior rea� estate taxes. Rc�al estate taxes for the year 1973 ehall �
<br /> "' „ ce pro rated as �f the 3ate of closing based •up�n �he 1972 reel �
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