Laserfiche WebLink
BOO} <br />and interest the full amount of payments shall be deducted, and <br />so continued from year to year untii the said unpaid balance, with <br />interest, has been fully paid. Said. second party may at any time <br />-,gay the full unpaid balance r,i th interest tD said date and upon such <br />payment shall be entitled to the deed hereinafter provided for. <br />It'is agreed that said second party may enter into the <br />possession of said premises in thirty (30) days of this date and <br />may erect such building, or buildings, thereon as it may desire and <br />t-ay hold, use.and control the same as it may see fit. The said first <br />party, however., reserves the buildings now on said premises, which <br />buildings shall be removed by first party rithin thirty (30) days of <br />this date and if not so removed then second party may, upon taking <br />possession of the premises, appropriate said buildings to its ov!n <br />use the same as if they had not been reserved hereby. <br />Said first party will deliver to said second party an <br />abstract of title brought dovrn to this date, which abstract shall <br />show a good and merchantable tit'_e, in fee simple, in said first <br />party, free and clear of all liens and encumbrances excepting assess- <br />ments hereinabove excepted. <br />It is understood that tir..e is of the essence of this con- <br />tract and .in the event the said second party shall fail to make the <br />payments herein provided for promptly and at the time stipulated <br />t 3erein, then on thirty (30) days 1:,ritten notice from first party to <br />second party, if such ,payments are not made, said first party may <br />declare all prior payments forfeited to said first party as and for <br />liquidated damages and rental for the use and occupancy of said pa e-- <br />It is understood and agreed t3lr.at sair_ .first party rill <br />execute a good and sufficient Warranty Deed conveying said premises <br />to said second party, i hich deed together T,ith a copy/ _�o��f this con- <br />tract shall be left in escraw wi t i, t'nc I - 1:> y of the <br />City of South r3�2Zc7 , Tnclian3� t o 'b� 1-ic--1cL by sal d company 7.na delivered. <br />to said secona party v''hori it has perEozrried its obli at_Lons herein <br />- 2 - <br />