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200910141
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200910141
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Last modified
12/29/2009 2:46:53 PM
Creation date
12/29/2009 2:44:14 PM
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DEEDS
Inst Number
200910141
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15 tt.YUUC'{1 all ~aaC ~awa.x ~xuva+~ ma a.,: a'm~~ ,.. ~.w ...,..., ....~ ._...,~... y..... ~...,....... _ r. ,,.. ..._c~ ----_ .... <br />aia~rerrtertti~~!teut ~trerttist: s 2 0 ~ 9~ 0 <br />This land conu~act is entera~d into on this ?th dar caf ~,ta~. ~~-+(."' Seller agrees tc~ carry the <br />land contract not nacre than 1('~ rears. <br />Subject. 17ctrvever~. anti can condit.icart that the. seller thereof has 4rcaod_ valid and marketable <br />title to enter into the land contract. and said seller agrees to ctamev title to said property <br />upon rrhich tirrte the purchaser hart: obtained final. tirtartcin~~ 1..; Hill that tune, the <br />aforementioned prolaer~5 shall r-emain in t}ae sellers rtrtrtte artd title. will be changed and <br />updated upon. buyer ohtainin~~ financing. <br />1 1 a~~ree tct a purchase. price of S1 1.7.t.)t)(?.()t) tan the tialicarving terms: <br />~ Seller shall can~v a land contract for the ptrreltase of tltis }aroper-t~~ rritlt S C).OU <br />J dorvn plus monthly laavm~!`rts c>1' St~~?.-'~(? crf which `~t~~~' ~l6 each month will apply <br />to the dctr~n payment fear- a period rtttt less than rttonths artd rtcat store than 6(? <br />ntctttths. but it is understcai>d that the. title will rerttain in the sellers na!~ne until the <br />bcrvers hrtve otatainecf a ccanverttional loan to be secured by tt first mortgage Tara <br />above. describccl prctper-ty. <br />3. Clear title is tit be proritled to Purchaser, sralaject to easements and corenarats cal' <br />record. <br />~. Possession c>f said prerxtises :shall be clelrvered imrnediatuly upon closin4;. Seller <br />shall pad all real estate taxes br:corrtin~r; delinclr.rt;nt farior to the year of closing.. <br />5elIer agrees to pay any assessments fiar pavirtg~ curia, siderr a1k_ car utilities <br />previously constrtitcted, tar ordered_ ot- required tea L7e constructed by the Ptrlilic <br />Authority through the date rat closing, but rrhich have not yet been assessed. <br />6. Seller agrees to firrnish., within test d 4 () j ciao s from final closing, a title irtsur-artce <br />contrTtitntertt fl7irtdLrl. If pcrrchaser~s atttarney or closirt~.; Title agent company, <br />finds defects in said title_ St;llc}r, aver rr~•ritten ntttict therEttt~ shall endeavor to <br />hare. the, sartte ccr!-ed to the satisfitctiort al~thL latu-chaser-rrith in. a reascanable time <br />after receipt cafrtotr~e, tlterc.ol'and, i! not cured w'rthrn said time. then either the <br />Purchaser or the Seller rttav rescind this A~~rcemertt rr lte.r~e t,rpctrt. Seller shall then <br />refund to ['urcftaser the deposits made hereunder and this contract shall be null <br />and void, and at. Ptrrc,hasers discretion, they may chocase tc~t return said property to <br />Seller. with return caf drawn pGtyrnent depcasit mortev with. no titrthe;r consents <br />reClLrl1'eCl <br />
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