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LAND CONTRACT. Printed by the Chicago Legal News Company, 175 Monroe Street. TSo^-AziL |U*iS ||<jreCHKttt, Made t year of 188. -day of.. J2., between ...^e<gk^»^£^..<^^ the first part, and-J^L...^ .in the ..State Qi....^ZU^i^^^SZ^rrkd^S^<^C^. rrr- , of the second part, WITNESSETH: That in consideration of the stipulations herein contained, and the payments to be made as is hereinafter specified, the first party hereby agrees to sell unto the second party, the.. *i3 of Section No .■?...&.. in Township No.. ^.£^V?........ North, of Range No. containing, according to the United States Survey, .Z7ZZZ&<Zr4Z\3Uh^ir4?r.(... more or less, for the sum of ..^Sczk<<Z!^t^jzC....yZlZJh on which the said second party hath paid the sum »f t^t^yC^TCcCC^}^,^ fry^^Gfi~(/70&/... 100— 1QQ on account of the principal, and- for ono yaar'a interest ia ntlvan&O) at >irr rmt pw .iiniiini upiau llim 1111i;ini<t~V>r> 1 ntin«■ 103- . DOLLARS, .DOLLARS, DOLLARS .DOtiARS And the said second party, in consideration of the premises, hereby agrees to pay to the said first party, at the office of Close Bros. & Co., at Chicago, 111., the following sums of principal and interest, at the several times named below: WHEN DUE. FEINCIPAL EVIDENCE OF PAYMENT. ONOIti / And it being mutually understood that the above premises are sold tp^said second party for improvement and cultivation, the said second party hereby further agrees and obligates tS^fcldkitdL&dLtZ]...., f3*i(~<& heirs and assigns, that all improvements placed upon said premises shall/remain thereon and shall not be removed or destroyed, until final payment for said lands. And further, that _ fZiZifp. will punctually pay said sums of money above specified, as each of the same becomes due; and that IzLfc/will regularly and seasonably pay all such taxes and assessments as may be lawfully imposed upon said premises. And if the said party of the second part fails to pay the said taxe3 and assessments before the same become delinquent, the first party may pay the same and the amount so paid shall be immediately due from the second party as part of the purchase money of the said land, and shall draw interest at the rate of. XL per cent per annum until paid, but the payment of any tax by the first party shall not be a waiver of the forfeiture or the right to declare or enforce the forfeiture for the non-payment by the party of the second part, of such taxes, or for any other default. ^/P • ^Js ' And in case the said second party, 7XsC& legal representatives, or .cLci^. assigns, shall pay the several sums of money aforesaid, punctually, and at the several times above limited, and shall strictly and literally perform all and singular the agreements and stipulations aforesaid, after their true tenor and intent, then the first party will make unto the said second party, .Xfel^S?. heirs or assigns (upon request at the office of the first party, at Chicago, 111., and the surrender of this contract), a deed conveying said premises in fee simple with the ordinary covenants of warranty, excepting, however, such incumbrances as may be placed thereon by the location of public highways, railroads, or other public use, or from taxes becoming due after date of this contract, or that may attach thereto by reason of some act or thing done or suffered by the party of the second part. But in case the second party shall fail to make the payments aforesaid, or any of them, punctually and upon the strict terms and times above limited, and likewise to perform and complete all and each of the agreements and stipulations aforesaid, strictly and literally, without any failure or default, the time of payment being of the essence of this contract, then the party of the first part shall have the right to declare this contract null and void, and all right, and interest hereby created or then existing in favor of the second party, or derived under this contract, shall utterly cease and determine, and the premises hereby contracted shall revert to and revest in said first party (without any declaration of forfeiture, or act of re-entry, or without any other act. by said first party to be performed, and without any right of said second party of reclamation or compensation for moneys paid and improvements made,) as absolutely, fully and perfectly as if this contract had never been made. And if in case of default of any of the conditions or payments above mentioned, the party of the first part shall commence any action or legal proceedings either to enforce the forfeiture or foreclose the interest of the party of the second part, or collect the amount due thereon, or to obtain possession of said premises, or restrain the removal of any improvements therefrom, the said party of the second part hereby agrees to pay a reasonable attorney's fee for the commencement or prosecution of such action, and the same shall be assessed and taxed by ihe court, and the party of the first part shall have judgment therefor, to be paid or collected the same as the purchase price of the land. And it is further stipulated, that no assignment of the premises shall be valid unless the same shall be endorsed hereon, or permanently attached hereto, and countersigned by the first party, (for which purpose this contract must be sent to the office of Close Bros. & Co., Chicago, 111. ) and that no agreements or conditions or relations between the second party and ZfcUi-d. assigns, or any other person acquiring title or interest, from/Tor through— .*3SLl*i<c<t,— shall preclude the first party from the right' to convey the premises to said second party, or. ^kLef^X assigns^ on the surrender of this agreement and the payment of the unpaid portion of the purchase money which may be due to the first party. In Witness of which V ^0?s^r^vtsr?. . 6Wto**&&-C6i2^i j ~z^di %.\^....-..^.fJ.j&ZZZZ&&. ha.jfcfe.caused these presents to be executed and delivered i issigns, on the surrender of this agreement and the payment of the unpaid portion o: I in duplicate, the day and year above written, jfl V/ , • , Witness^ C^/^W^/ CL^t^>^^r--&-^A-rf ; k^ti^C^ j0r] /q' cent, perti fzK^aZ.^... CJ./y /^l^^-^^v^ \"~7 Purchaser will he entitled to a deed when_ $ZZIZI/r..7^f\6^}Z3^ of purchaSe money is paid, and notes secured by mortgage bearing interest at.....tfr.....per annum, payable annually, are given for the balance, said mortgage to be a first lien on the premises. ^_^ *\ O 7
Printed by the Chicago Legal News Company, 175 Monroe Street.