HomeMy WebLinkAbout#3037- Deed; SALE OF PROPERTY Lots 20 and 21 in Jacob Miller's Addtion30 7i�z�
9/1 8/
Sale of Property
LOT NO. Lots 20, 21
SUB: Jacob Miller's Addition
Schlecht, John
Description:
Lots 20 and 21 in Jacob Miller's Addtion
This >,
a��,.�
on Pam() 7 %���
acaau Sys Jose
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001K DO
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1'1"1:10 Aux-;_,_:_ _.T, i-ade tlzis i8th clay o:i' 1929,
betr:een JUTE" '-,T and 1uiu-Jh iEG; l i�t:li`f, husband and :if e, of
St. Joseph CJJSlG,,�, IndI-ana., part'i es of the f'i.rst :part, and TrL
ii .ICll _, Jl{' iJJM ii , L :Di' t. Joe c-�-)h C:) nty, Indic -ma, arty
o=` t e second pert,
That t%% -q_rty of the first �O. rt agroCs to c.e.__'L
to t_-e _::-,rty of the second j�_. 't, fDr grad in cm—lider:zti 3n of talc
of Z::n �:_�u: � .
�_, . �:
(,:
- _ .. .: .j and such
of er y�e�t�
-sui_,
and peri orinances as
f Y be
set
I
out hereinafter, t_ie s�
cribed react_ est=:te,
sl tUa' to
in
St . Joseph C;_�unty,
1 rzai�� , �- t
�Dt v Llhzi�ilDz a: - eerlty (;: j and `i;:Ten.t-, -one
in j aco i ti.-�r to the City ,)f
uouth 0 , indict_.na,
J this co_ sideration the sum of 'i,::) T`IIOus:�_nd
been -paid by the party of the second yc •.rt to the 'Darty of t._-e
+1r5t 3�31't, tS_E reCei_�t J ;:7iCi1 1s hErcy aC{:iiJt.'.;_eCieCl.
S i]a1't J1 t 1e 3n tie party of tize aeco ad ,pact
�h'' L i oay f_, ti: -_0s tr It iii,�1�' i� __. V1eC. C�, '3. S�' :� iiis � Q
` s— � �. Ei 5 �.. _
re - Cstate after isarcl- _i_st, GS
: �C_ _ ' ' r for street
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or aeC:cr l._.}7rpVGf,1�f1�iS C1.3 1 Xl :� _.st@r' :'GAS Cc, ! _mot
S':id propert3-.
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i✓< --'-J -party of l,__F_' seConc: :3<.:C•t .`'.i=:.'•'--.. i3a,jl GO LIL1C; ���'-rty J:f• �,.�-_G
t t--.e surii of not -ess t_ L�,j mile '1' 1:JlZ._,?.ZCZ
s
JC] Jf e-.Ch Ii1Chth o"' c,,-t�i:1,3er t C' Cif l,i r coli'=:- e"s�cino
on tt3e J.rSth d,,�y 1f LEeptG21JEr, 193 y U_{lti' sa' d C(]:{ si dc:rc_t1J11
del est biac--J.'con - r:i ?eczi U-._ L J ,)aid, oil i'.�4iC '_ C :'_ �iCC s i'M__._ be
l'ec:_o�acc� intc,-es t. at the o'i' seven :)erce:nt
% _e uiu��.1.l.JT, �:__ich c:)iily'ut....t_i_-in >Liw
i, t a est far one IDC. Sq.E L eu . the
u_
_ '.J d b:a_i.�--Mce of T-:L n"-,t j-7.-, L'
7 tli, -G -i.` , a r_.
-A'! _3zrL; ; _. 1-1 y c :_r , nc, l iic 'O O nrLo _: �,-L---
nC.. ;�]'7_-1ci;,r:+._._ for t:�� L2c'c s'UCCU%.din;; �)GI-j
Y
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BOO}
and interest the full amount of payments shall be deducted, and
so continued from year to year untii the said unpaid balance, with
interest, has been fully paid. Said. second party may at any time
-,gay the full unpaid balance r,i th interest tD said date and upon such
payment shall be entitled to the deed hereinafter provided for.
It'is agreed that said second party may enter into the
possession of said premises in thirty (30) days of this date and
may erect such building, or buildings, thereon as it may desire and
t-ay hold, use.and control the same as it may see fit. The said first
party, however., reserves the buildings now on said premises, which
buildings shall be removed by first party rithin thirty (30) days of
this date and if not so removed then second party may, upon taking
possession of the premises, appropriate said buildings to its ov!n
use the same as if they had not been reserved hereby.
Said first party will deliver to said second party an
abstract of title brought dovrn to this date, which abstract shall
show a good and merchantable tit'_e, in fee simple, in said first
party, free and clear of all liens and encumbrances excepting assess-
ments hereinabove excepted.
It is understood that tir..e is of the essence of this con-
tract and .in the event the said second party shall fail to make the
payments herein provided for promptly and at the time stipulated
t 3erein, then on thirty (30) days 1:,ritten notice from first party to
second party, if such ,payments are not made, said first party may
declare all prior payments forfeited to said first party as and for
liquidated damages and rental for the use and occupancy of said pa e--
It is understood and agreed t3lr.at sair_ .first party rill
execute a good and sufficient Warranty Deed conveying said premises
to said second party, i hich deed together T,ith a copy/ _�o��f this con-
tract shall be left in escraw wi t i, t'nc I - 1:> y of the
City of South r3�2Zc7 , Tnclian3� t o 'b� 1-ic--1cL by sal d company 7.na delivered.
to said secona party v''hori it has perEozrried its obli at_Lons herein
- 2 -
30GH �f3 IPA,: -LE
provided for it to c!_o and perforra and has paid the full con-
sideratio-n for said premises, or deliver the deed back to the
first party, t1aeir h.ei_ s or assigns, in the event of forfeiture
of su.i d. second_ -„arty l s right to said ;)remises as herein -above
provided.
This agreement shall be binding upon both parties
hereto hors and after the ratification of "the same by the Common
Council of the said City of South Bend.
-- Ali payments from second "party to first party shall
be made at the office of said i , v'fnich Company
_�
is hereby authorized by first party to accept payments for them
as j�zade by second party and to credit the same upon its copy of
the contract.
IN V;-1TNLSS vy clEI�EQI', the parties hereto do hereunto
set their hands and seals, the said first parties in t.:eir in-
dividual capacity and the said second jjarty for and on its be-
half by the Board of Public Works of said City.
r
PARTY Of' `z' _E FIRST PAJET
-
J.
�
o n
• eJ a er h ,
State of
Indiana.
MUINICIPAL CITY OF SOUTH BE11iD, IADIA. A
o
�r T
ITS 304!ZrtD Oil PUBLIC .OELKS
PARTY OF THE SECOND PART
t , the and ers? gned, notary Public, in and for said County and State,
personally appeared Jahn Schlecht anti ?Rarie Schlecht, and "% R. Hinkle
John �f. Smo gor, and Ralph H. Kuss, members of the Board of ''ublic •.'iorlm
of the (71,ty of South Bend, Indiana, and acicnow edged the execution of
the above and for. e;oing contract' said Board mombers ao`;,,cv.°l.edLi.ng sarae
UCLY L :-L 061(� � 11ii i '
-- -�-
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My commission expires July 7, 9931_
RECORDED 1�10VCNgBER 214329AT 3: � 45VMEDWARD F. KEELER RECORDER
Date :Balancenngof Con-:�Iiount :: Late :may VVhor.i Received : Amount
ration
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