f '
<br />'l~ilp 1~tIlL~1•i1rlTNrr, blade duplicate Lhis...... ..Li.t, lt...._day of.........18. a.t:.Y .....................-.._..., A. D.7G98L.1,9.,5
<br />botwoett..!kJ?n..S: Pearsul & Betty Lw Pearson of file c,,,,~,ty o[ 1'ucblo, and State of Colorado, of the first part, and
<br />................ .
<br />I James VanElla of Angola, Indiana,
<br />-_~.........._ ...................... ..................-............................of the second part:
<br />WITN&9SETH, Thnt if fha pnrt..y........ot rho second port atoll first nurko tho Payment and Dartorm the aovenaat/ hers-
<br />;. !n tnentlonod W bo made and performed by the said pnrt.l[.........of Urn necond part, the sold part.1B9..o! the lint past hataby
<br />t -'
<br />'~` ~ atftro,:.,....to onus to t4,e said
<br />y part...}t.....ot the second part, tlm followl» g described IoYYX.x.X ptaaeY.X•R7G IOZ pare
<br />'"'~ ~ Chhaf~fQee
<br />of land, slWate, lying and being In the CounEy oDCD¢,Y61N, end Stntc of Colorado, to-wit:
<br />__.........tl.~NFi.a....J U L Y..,.... a n d....~ ~.~. ~... B,A S I N..._1? 1_a c e.C... M i. n i n.8... ~.1.i3..2 P.l.~.,..._d~........._.......~.
<br />described in U.S. Patent recorded in Book 264 at Page• 2~y_„_„_,,,
<br />Hope Mining District, Chaffee County, Colorado
<br />Seller will pay 1991 texas payable in 1992. (,,:•oicrty ':axes
<br />Seller agree to no Prepayment Penalty.
<br />In feo simple 6y good anC sufficient Nnrrnnty Deed, tree and clear from u11 liens and encumbrances of whatever kind or natut0
<br />: _ .........
<br />i ioevgr;execpt....:;?.!?.Y...ex.isC.ing r.e,ser,v.atio-ns or restrictipns .o f•, reco_rd•..and..,,,.....,__,,,_,,,,,
<br />' .existing :rights cf way, if any
<br />'.and-.to dellvor do nbeu•act of title there[or so showing.
<br />detcrrod payments at the rate ot........-1.........per cent. per annum from date unlit paid, payable
<br />fY1'^t..iA.S1lt2Cf5tr..n2]ct..tG.}~r:].nr_ip1.8.......(.~1....., pod to pay all taxes and assessments chat may bs hereafter levied open said
<br />(M ~.s set fcrdtl>tc+~ attaf~d.~chibit' s~Fr~'rv~a~Qlicatdt~rl ~~ ~rim7l~lg~rtd Srt~rest
<br />• promisee betm•o the sumo becomes do ,nquent, en o cep o m mgs e3tc c o nsure or a ens t . o e pat
<br />'t
<br />of fho ifrot part for the value thereof, and in case of failure o f the said pnrt..y..~....:...of the second part W make any one or
<br />more payment, or pertornt any o[ tl,e covenants agreed to be made and performed by the said part_y.......of fha second part,
<br />l'
<br />• this aaraemant may bo forfeited and determined at fha election of said I,art..1 a s.....of fha first port upon givlny to the said
<br />c. part..y..._...........o! the second parti.es.......dnys' notice of intention sn to do, pod in case of such election the setd part.y....._....of
<br />~'' the second part shall forfeit all payments made, and such pnym cots shall be retained by tho said yark...~ of the first part
<br />..........
<br />la full satiafaetion and liquidation of all damages the pnrt...1.5 s~.. of the first part may have sustained.
<br />IT IS MUTUALLY AGREED, Thnt flow shall be of the essence of this ngarement, and it At any time the same shall be
<br />~'~ forfeited and determined in tl,c manner nbovo rovided, the
<br />:~~ P pa rt~~~.1~A S~..of the first part shall have the right to re-enter and
<br />`' tak6 lrnmedlate ovessi^a of said premises, and t:,n art....
<br />;,, p - p y.:.::.of urn second part he(eby agree....._...to immedlatty surrandoi
<br />and deUver up said above described premises, peacopbly, to tl,c said part.ie.s....ot the first part, and it the Bald part._3L.._..of
<br />-, .
<br />;~' the second part shall remain In possession oL said premises after suet, termination, said pazk...y..._...ot the setond part shall ba
<br />~~ deemed aullty of a forcible detainer o[ said premises under the statute, and shall b¢ subject to eviction and removal, fotclbly
<br />i or othertvlse, with or without process o[ law.
<br />~, AND ft 1a further mutually agreed that all tho covenants and agreements herein contained shall oxtend to and be bindinli
<br />i~ upon the heirs, executoro, administrators, successors and assigns of the respective parties.
<br />IN WITNE55 WHEREOF, The parties hereto have hereunto set their hands and aelis~he day and year f[rat above wrlttear
<br />signed in duplicate, and at separate locations with t,~o-~iglnatNr~s cn the combined dGC-
<br />uments, constituting the executed ccnt;ract. "~!' •~-1k`%
<br />. J.~11 ~ ~..~.,`^-' .(SEAL)
<br />Si ~ncr1'.Gre ~ J'oFin ~~'earscin'~"
<br />-~
<br />. ~>.1et.-L.tS.,~....e:r'~l eiru~~~.4~"~ye-.~-- .........(SEAL)
<br />' ~,1n,natyNe off' BetE.y"Coo'°P'ea~sc'n""""""
<br />v.l,.. ~.r,.c.rs ..................................................(SEAL)
<br />.F'ifn.rtnrc r.r ,ames VanElla
<br />....................................................... /CF.~i t
<br />4.,
<br />
|