~' i
<br />.. •
<br />7. An wLaLneL of liVa Le tLe Properly, rortinad b dale, er n eurront rommitmant far L1Ue lneunnro peliq In nn
<br />wmaun( equel b Lhe purchnae price, uL S¢II¢r'a opllen anJ rspena¢, shell L¢ furnlah¢d b Purehnaer en er Lefero
<br />June 2. ip 83lf Sallw el¢etab(urnlah avid tiUeinauranro enmmilm¢nt, Seller wlll
<br />dalirwr Lhw liUw inaurnnee peliry b Purohwaer aftwr elealnC end pnY Lha promlum thereon.
<br />10. 71n Awb of elaainl; shall Le Uw Aelc ferd¢lircry sf Je¢A as Prwridnl in ParoRrnph I1. Tl+e hour anJ plncc of
<br />dwingahallWneJni~nnled Ly mntn~l n~Clpnnt
<br />11, TI Ve ahwll ha merchanta4l¢ in Selior, earopt wa stored In Lhia pnrn~rnph •nd in pnrnGrnPlLa IS serf 17. SuLjert
<br />b pgmanL er tinder sa store prerideJ and romPliancw L7 Pnrchwror WILL lhw wlhor brmw'wnd proridone heroeL
<br />9efler aLwll uemb •n.l Jalirer w hood anA anfnelent ~pnnrn~ wnrrnnq dwarf b Purehuer sn
<br />.Lrl ~ 7 , 17._Q9., aq Ly mu W ai arrroment. aL nn earlier Jab, evnrryinp the Property fen wed
<br />elewr efdltuew, eaeePL Lhe t;vnarnl twa¢w fer the year ofe{mdnh, and aaeePt ~nOn
<br />fees wed elwar of wll Iiwna far apeeinl improren:enb InatalleJ ea of the dole of 1•urehnaeF'e altmwlure hereon, whellLer
<br />wunwed ernel;fr¢w wed elenr¢fell liens and eneumhrnnen except n0 nd. ,
<br />waewpllhwfollaninC raatrirLire eorennnla nl+ieh Jo net rnnlainnriGhL of rorcrl.cr. none
<br />and eaaepL LLe fellewinC ap¢elfie roeordvJ nndfer nPPnrent om,emen4:
<br />those reflected on committmont thereto
<br />wnJ au Ljeel b LuildinC and eeninG reNlatienx.
<br />I:. Fseept wa atnbJ in Pnrnpnpha l l anJ 17, V Utlc is net merehnnbLl¢ nn.1 writbn notice e(defeeRa) is pfren Ly
<br />Purehnaer er PurchnaerS aGent b Seller er Soller i n~ent on er Lefora dote of eloxinl;, Seller alrnll use reaaonn4ie
<br />effort to nrreel acid defceUs) prior to deb of elninG. if Seller is unn4lo to cerrael soil J¢foega) en er Lofore dots of
<br />eloainG, nl Sellers eptien and open nrill¢n neLir¢ b PureLnxcr er Mrrehnmrl nf:enL en er L¢forc deb of elofinG, the
<br />dab of elodnp shell Le ¢alendod gdrLY Anya (er the Purpeae et correetin~ soil Jefeega). GanPL na aLntcJ In pnrnRrnpL
<br />17, If LIVe la nol rendered merehanLnLle m provided in LLia pnra~rnpL 1^_, aL PurehvcrS oplien, Lhia eonLrnel •hnll L¢
<br />veil and of no efbet and ¢nch perry hereb shell Le rN¢naed hom ell o4ligntiona herounJcr and nil pnymenlx and
<br />LLinea of rnluc roecirod h¢r¢unJer shell L¢ retnrneJ le Purehnaer.
<br />11. Any eneumLrentt required La 4¢ pniJ mny Le pnid at lLe Lima of actLicmenl from the proeeab of Lhia
<br />Lrmm~eLien or from nny otter sou roe. Provided, hoverer, nt Lhe option of cilLer pnrq, if the L¢LnI inA¢LLeJnou
<br />aeeureJ Iq liens on the PrepertY eareeda the PurcLmo Price, Lhia eonlreeL nhnll Le void nnA of ne effect and ¢acL Pnrly
<br />Lureb shell he r¢lenned from n1I uLlinn Limo hercu ndrr and n1i pnymenla and thi npe of rnlu¢ received hcraund¢r shell
<br />Le roturneJ l014r<hnaer.
<br />]~. Cen¢rnl ba¢a for lha y¢nr of eloainl;. Lnxed an the moat recm+t Icry and the most recent naacumen L. prepniJ
<br />meta, water ren4, newer rents, FUA mertQnQe inanrnnee Premiums nnJ i nbrcat on aneumLrnneea, if nny, and
<br />.Loll Lo nppor Lionel b Anb of deliveq of deeJ.
<br />1+, Pwacaaien of the Properly shell b¢dulireredb PUreLna<r en aUly 1., 1099
<br />fu LleeL b Lhe folloarinp lenses or tenane:es: nO nC
<br />1C. In the event Uw Property is au UxLmiLially dmm~r¢J Ly fi rc, ^ooJ or otLar enaunlly 4ctneen LLe deb of LLis
<br />ronLneG and lha da4 of Jaflwry o[ deed, Pur<hnaer may ele<5 W lcrminnk tLia eontrnet; in wLieL esao ell Pnymen La
<br />and W Inca ehwlne reeeiroJ LereunJar dmil Le returneJ to Pnrehnson'
<br />I7. Timala of Lha essence hercof.If Mynele or~heek rettireJ naenrneat money hereunderernny aaer pnrmenl
<br />Jue Lerounder is not pniA, honorod er LenJcreA When dao, er If nnp oLLCr oLlipnlion 6erounJcr is not performed na
<br />heroin Prarldrd, tLcre shell Le the folloninR romeJlex;
<br />(N IF SI:LLF.R IS IN Dfi FAU LT, (1) Purehnaer mny cleel b trenL Lhia eon lrneL m brminnbd, In which enxe
<br />nII pnymenta nnJ lhinRa of vnlu¢ rercircJ hereunder alrnll 4¢ rolnrntvl b Purehnaer and Purefimar mnY recover
<br />aurh Jnmar:ea sa may Le Peeper, or (11 Purehnaer mop elect b front Lhia eon Lrnet na 4inn in full fovea and effort
<br />anJ Purchase ahwll hero Lhe ri66L b an acLlan [er aMelfie parformnn<o er dnmapea, sr Leth.
<br />(4) IF PURCIIASF,R IS IN DF.FAULT.(11 Sellermq eleeLb LronL Lhia e~ntrnetn lerminabiL in Which enxe
<br />dl pgmenta wnJ lLinpx of value reeelre.l hereunder ahw7l 4¢ ferfelted nnA rotntne.l on 4ohnlf of Se11m and Seller
<br />mwy rororer aurh Jnma~ea nx mny Lc proper, er (-) Saliar may elett b Lrent Lhia reelect as Leine, in AJI fares snJ
<br />effect and Seller alrnll here LLc ri¢lit b nn notion fer aPCelfi< Perfarmnnee er JamatTa, or 4oth,
<br />Id Anylhinp b Lha rontrnry haroln notwllLLLOndInR, in Lha event of nny IiUprrtion arldnlf ant of LLiw
<br />nntroe4 Lhw rourL mny wnanl b Lhe Prernlllnp prtrly all reaaemLia coals and expenaq inelnJMn albroeye' fen.
<br />IA. Purchwaar wnrlSclier nGrce[IraL in lho creel of any rontroreray rolfnrrlinG Lira earnnl money lrelrl Ly4roken
<br />unlaas muwal nrlLbn inaLrue4an la reeelred Ly Lroken 4rekenhall eat 4e requlr¢A b tike any a<4en Lul maY nnnit
<br />nny preeeeJinu. ar nt LrokerY eptien and Alaerelion, mny InbrPlcwJ anY menrpa or things of rnlue Inb eon rt anA mny
<br />roromreeurt eoaU nnJ ronaonnLle ntterneyi foes.
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