#2948- Deed; QUIT-CLAIM DEED From City of South Bend to American Home Dreams, Commonly known as 313 and 317 Broadway - Part 3

Home Browse Search

PURCHASE AGREEMENT This Purchase Agreement entered into this 5 o-Lk day of 1982, by and between the undersigned Town Tower Motei Corporation, hereinafter called "Purchaser", and the undersigned City of South Bend, hereinafter called "Seller". The Purchaser hereby agrees to purchase from the Seller the following described real estate: Parcel "A- A tract of land located within Lots 166 and 167 as shown on the Original Plat of South Bend, St. Joseph County, Indiana, more particularly described as follows: Beginning at the Southeast corner of said Lot 166; thence west along the south line of Lot 166 a distance of 122 feet; thence Northeasterly to a point on the north line of said Lot 166 and 69 feet west of the Northeast corner of said Lot 166, a distance of 84.5 feet more or less; thence further Northeasterly to a point on the East line of said Lot 167 and 53 feet North of the Southeast corner of said Lot 167, a distance of 90 feet more or less; thence South along the East line of said Lot 167 a distance of 58 feet to the Southeast corner of Lot 167; thence continuing South along the East line of Lot 166 a distance of 66 feet to the Southeast corner of Lot 166 and the point of beginning, containing 8,304 square feet. Parcel "B" A tract of land located within Lots 157 and 158 as shown on the Original Plat of South Bend, St. Joseph County, Indiana, more particularly described as follows: All of the North one-half of Lot 158 except a triangular tract beginning at the Northeast corner of said Lot 158; thence South along the East line of said Lot 158 a distance of 33 feet to the Southeast corner of the North one-half of said Lot 158; thence Northwesterly to the North line of said Lot 158 and 28 feet West of the Northeast corner of said Lot 158, a distance of 43 feet more or less; thence East along the North line a distance of 28 feet to the point of beginning; also, a contiguous parcel described as follows: Beginning at the Southwest corner of said Lot 157; thence Northeasterly to a point 40.5 feet East and 30.0 feet North of said Southwest corner of Lot 157, a distance of 50 feet more or less; thence East and parallel to the South line of Lot 157, a distance of 50.0 feet; thence Southeasterly to a point on the South line of said Lot 157 and 28 feet West of the Southeast corner of said Lot 157; thence West along the South line of said Lot 157 a distance of 137 feet to the Southwest corner of said Lot 157 and the point of beginning, containing 7,788 square feet. 1. Purchase Price. purchaser hereby agrees to nay for the above described real estate the sum of Eighty-eight Thousand Five Hundred and Six Dollars ($88,506.00), said purchase to be upon the following terms and conditions: