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Show 1 AIJREEHFNT 2 :3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2f$ 26 27 28 29 30 THI~ Af}nr.r"'iEN'I, made and entered into in triplicate this I I day of December,u.1J., If:i 56 , hy and beh,fen LII.LH,N I. ~El(IS'T'F'ln 1?~ l , of provo, Utah C0 1lnty, c;tate 0;' l't~lh, narty of the first part, hereinafter called the Seller, and J.t\SP~ LFF: SHAY. and RUBY B. SHAY, as jOint tenants wi th full right of surviv: orship, find not as tenants in cownon, of lLfl "J." street, Chula Vista, California, parties of the second part, hereinafter called the buyers, vIITNFSSE'TH: Tr~t the Seller, for an in consideration of the covenants and pro~d8es on the part of the buyers as hereinafter cont.ained, hereby agrees to sali, convey, transf'er, and set over to the buyers as joint tenants Hith full ri2'ht of survivorship, and not as tenants in common, and the buyers agree to purchase for the consideration and pursuant to the terms hereinafter set forth, the following described real property, improvements, appurtenances, and water riphts situate in l.fashington County, State of Utab, to-witf feet Beginning at a point South 53° T,o/est 176.2 fJistant from the Northwest corner of Lot Ten (10), of the Sprinp.:dale, Townsite Survey in the F..ast-.one-half of Section 29, Township L1 South, Range 10 West, ~~lt Leke Meridian, and running thence North 62° 51 Minutes ~1e5t 110.7 feet; thence South 77<> 45 Minutes 'Jest 67.8 feet; thence South 59° 30 Minutes East 168.2 teet, more or less to the boundary line of State Highway, thence North 23° 20 Minutes East 50 feet, more or lees, to the point of beginning, LESS .03 acre comprising a right of way; Together with all improvements on said land above desand all appurtenances and water rights thereunto belonging, inoluding 209 shares of th~ Springdale Pipeline Company. c~ibed Said real propert,y, improvements, appwtenance8, and water rirhts to be sold to " th~buyers herein for the ,total purchase price of Four Thousand (~4,OOO.OO) Dollars, lawful money of the Un! ted States of America, payable in installments as follows: One Thousand (~n,ooo.oo) voBars paid by the buyers upon the execution of this agreement, the receipt whereof is heret~ acknowledp,ed by the seller. The balance of Three Thousand (~3,OOO.OO) Dollars to be paid by the buyers to the escrow agent hereinafter named for the ere~it of the seller in consecutive monthly installments of not less than FiftyU~SO.OO) Dollars, each commencing on the IS- day of January, 1951 S'ld continuing on or before the ~ day of eacb-ana-every consecutive month thereafter until the entire prIDapa1 balance, together with ' all accrued interest thereon as hereinafter provided, has been paid in full. The buyers agree to pay interest on the unpaid balances hereof at the rate of Six (6r) per cent per annum, said interest to be paid with and included in the said installments of principal, meaning . hereby, that when any installment is paid on-the purchase price hereof as herein proVided, all accrued interest shall first be deducted and the balance shallbe ered! ted to principal. The buyers may pay and the seller will accept larter or more frequent payments than those provided for herein and the buyers may PflY the entire balance at any time. It is further understood and agreed by and between the parties hereto as foll""'8: |
