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<br />and except the following easements: None
<br />and subject to building and zoning regulations and the following restrictive covenants:
<br />Any encumbrance required to be paid maybe paid from the proceeds of this transaction.
<br />S1iXGenerel taxes for 19~_ shall be apportioned to date of delivery of deed based on the moat recent lery and
<br />the moat recent assessment. Personal property taxes, prepaid rents, water rents, sewer rents, and interest on encum-
<br />brnncea, if any, and -
<br />shell be apportioned to date of delivery of deed except that:
<br />(, WCWith respeeC to the growing crops the seller and purchaser agree ae follows:
<br />~. >'< The hour end place of closing shall be deli ated by - f451 da s aftE
<br />urchas notifies seller that t t~e gravel deposit has been accepts ,in writing, deliver
<br />~o the sef~er at
<br />B,JiXPossession of premise
<br />subject Co Che following leases or tenancies: Plone
<br />9. 701t The risk of loss f,•om any damage to the improvements by fire or other casualty prior to date of closing shell
<br />I,e on the seller, provided however that if the sellet• shall maintain insurance on said improvements which will com-
<br />pensate foi• the full replacement value thereof, the seller may at his option assign the proceeds of said insurance to
<br />purchaser, in which case the purchaser shall complete the transaction as herein provided. The risk of loss for any
<br />damage to g~•owing crops, by fire oi• other casualty shall be borne by the party entitled to said trope as provided in
<br />paragraph R, and such parlay shall be entitled to the insurance proceeds,
<br />10. XDC Time is of the essence hereof, and if any payment or any other condition hereof is not made, tendered or•
<br />performed es herein provided, there shall be the following remedies. In the evens a payment or any other condi-
<br />tion'hereof is noC made, tendered or performed by the purchaser, then this contract shall be null end void and of no
<br />effect, and both parties hereto released from all obligations hereunder, and all payments made hereon shall be re-
<br />tained on behalf of the seller es liquidated damages. In the event that the seller fails to perform any condition
<br />hereof as provided herein, then tl,e Purchaser may, at his election, treat the contract as terminated, end all pay-
<br />ments made hereunder shall be returned to the purchaser; provided, however, that the purchaser may, at his elec-
<br />tion, treat this conkrnet as being in full force and effect with the right to an action for specific performance and
<br />damages.
<br />11 , Xdc 1n the event the at•ller fails to approve this instrument in writing on or before -.
<br />10~, or if title is not merchantable and written notice of defects is given to the seller ot• agent within the time
<br />herein provided for delivery of decd and shall not be rendered merchantable within 180 days after such written notice,
<br />then this contract, at pur'chaser's option, shall 1>e void and of no effect and each party hereto shall be released from
<br />all oldigations hereunder and the Payments made hereunder shall be returned forthwith to purchaser upon return of
<br />the abstract, if any, to seller; provided, however, that in lieu of correcting such defects, seller may, within said 180
<br />days, obtain a commitment for Owner's Title Insurance Policy in the amount of the purchase price showing the title ~
<br />,
<br />to be free from such defects ande~~!seller shall pay full premium for such Title Insurance Policy.
<br />Jfs;~,s:The property shall be surveyed by the purchaser, who shall arlu~rtce
<br />p~ is not completed ar
<br />then the seller shall pay
<br />purchaser t y expended for the survey of said property.
<br />(Conti~l~led ~~ ~ttac~led sheet)
<br />13. 7~t Upon approve ereo y e se ei•, this agreement shall Become a contract between seller and purchaser and
<br />shpJl~,}I•C, tAOrj~(''~T-2r ~1tlrQ~t~ f, 1(~~t:Le~~rs and assigns of said parties.
<br />II LL55 ~1 F 1t CL Y~
<br />`••..,4$00 ;._'~- ~~ SN/er
<br />~urchuer ~' /ate ~~ ~
<br />Purchuer ~ Dire
<br />Seller approves the above contract this day~of , 19 ~ and agrees
<br />to pay a commission of _.7~ of the gross sales price for services in this transaction, and agrees the the event of
<br />forfeiture of payment made l,y purchaser, such payments shall be divided between the seller's broker and the seller,
<br />one-half thereof to said broker, but not to exceed the commission, and the balance to the seller.
<br />the costs of the survey-RaWeve
<br />sale thereof not made to Brannan
<br />sdior / /~~J
<br />Purchaser's Address ,c1rC=' ~/~i( /~ '" ~~ ~~ ~~ step
<br />Seller's Address
<br />c ~ ~~
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