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Show 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 T H r~ !\'1T)'·:··.:j,:1,;'!·, ~! !a d e an c~ entered into iII triplicate this 6/ day o. December, ~. D ., 1 ~5 (\ hy' Ar. 6 1:'e t ·..;··f' :~ IJIT.LT.'I.' i ''''r-:,? J'-~ '1'T.T '' ;.''· , 'J f :"rovo, etn h C01.lnt ·.:, '1.:-J" c c·' T:-t.:,~ " ' .:-,ri: ~' o f tb0 :f irst part , he reinafter called the ·;~eller, and J.t!'H'17'P LF T~ ~HAY and RL'1iY P. sp t.Y., as joint tenants wi th ::ull rir:ht of surv: orship, cmd not. <os t.enants in co:mn-:on, of LL/ "J. n street, Chula Vista, California, pari.:i.es of t he second part, hereinafter called the buyers, 'llITfWc~ '~r'l'E: I. That the '=-eller, for an in consideration of the covenants and oronisE on the par't of H: e 1',uyers as hereinafter C'oni:.".d.ned, hereby ar,rees to sell, convey, trans";'er, and s e t over to the huyers as joint tenants 1-1ith full ri~bt of survivorship, and not as tenants in common, and the bUY'ers agree to ourchase fc the consideration and pursuant to the terms hereinafter set forth, the followin described real property, improv6ments, a?purtenance~, and water ri~hts situate in T.Jashington County, State of Utah, to-wit: feet Beginning at a point South S.3° lvest 176.2 flistant from the Northwest corner of IJot Ten (10), of the Sprinrdale, '!'ownsite Survey in the Rast-.one-half of Section 29, Tmmship 1.:1 South, Range 10 1,-vest, ~?HJ rJake Heridian, and running thence North 62° Sl Hinutes ~ '!est 110.1 feet; thence South 77° LS Minutes '~est 67.8 feet; thence South 59° )0 Minutes East 16P'. 2 feet, mor.e or less to tb£ boundary line of State Highway, thence North 2)0 20 Hinutes East 50 feet, more or less, to the point of beginninr, LFSf, .03 acre comprising a right of 'YJay; Together ,-lith all i:nprovernents on said land above described and all appurtenances and water rights thereunto belon~ing, including 209 shares of the Springdale Pipeline Company. Said real prOpErty, improvements, appurtenances, and v:ater ri ghts to be sold to the buyers herein for the total purchase price of Four Thousand ( ~4,ooo.cO) Do1lars, la\~.ful mor:ey of the lJnil.eG St ates of America, payable in installments as follows: One Tr.ousand U:.l,OOO.OO) 1 0 11ars paid by the buyers upon the eXecution of this agreement, the receipt whereof is here r:y acknorl1edp:ed hy the seller. The balance of Three Thousand (~.3,OOO.OO) Dollars to be paid by the buyers to the escrOli aRent hereinafter named for the credit of the seller in consecutive monthly installments of not less than Fifty(~50.00) Dollars, eael" commencing on the I S- day of January, 19S7 an d continuinp, on or before the IS- day of each and every consecutive month thereafter until the entire principal balance, torether with ' all accrued int.erest 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 (67) 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 shallbp. credi 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 PDY the entire balance at any time. It is further understood and agreed by and between the oarties hereto as follm·ys: |