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79002826
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Last modified
1/12/2010 11:07:43 PM
Creation date
1/12/2010 11:07:37 PM
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DEEDS
Inst Number
79002826
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I <br />~~--° fit("!~~~~ <br />and in tl~ae event there are any valid objections to title, Seller shall have <br />a r~aso,~abie time to clear the same. <br />it is understc;~d and agreed between tfie parties, that Seller shall <br />execute a wareanty deed to Buyer and Shall place the same in escrow with <br />Charles A, Douthit, or in Such other place as the parties may hereafter <br />` agree to in writing, t. be delivered to Buyer upon the payment of the con- <br />: sideratior herein in full and the performance of the conditions or' this <br />agreement. Seiler shall furnish revenue stamps at the time of the delivery <br />of the deed, or Buyer ~~y 4ffix said stamps and take the Consideration <br />thereof frrxn the last pay°+°+ent due Buyer from Seller. <br />It is further understood and agreed between the parties, that <br />failure by Buyer to make any payment when due as set forth herein, or to <br />provide insurance as herein set forth, or pay the taxes on the real estate <br />when they shall 5ecome due, shall cause the entire principal balance to- <br />g~ther with the interest to become immediately due and swing, at Dace, at <br />the option of Seller, and waiver of Seller to exercise this option to de:~lare <br />a default on any one payment date shall not be a waiver of Seller's right to <br />declare a default on any subsequent non-payment date, except that Seller <br />agrees Buyer shall have thirty (30) days grace to make such payment. Notice <br />of election to declare a default, shall be served by mailing to Buyer at <br />-- - <br />- Buyer's ast knt3wn address:` - "- <br />It is further understood and agreed between the parties, that <br />Seller is making the sale as is, without any representation or warranties <br />to any of the buildings or the use of the property; and that the furniture <br />in the upper apartments in the houses on Lot 4, aforesaid, are part of the <br />consideration of the sale. <br />Buyer further agrees to keep the b~:ildings in good repair, and is <br />in rxrt,rise authorized to permit a mechanic's lien to arise on the real estate <br />by virtue of any upkeep or building: and Buyer is not authorized to raze <br />any of the buildings without written permission of 5e11er. <br />It is further understood and agreed, that Buyer-will not assign <br />L <br />-'- <br />
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