CONTRACT OF SALE
THE STATE OF TEXAS
: KNOW ALL MEN BY THESE PRESENTS
COUNTY OF ________
That _____________ existing under the laws of the State of Texas has joined contract with said
purchaser (a)___________________________on this 10th day of April of 1998.
Has Granted, Sold and Conveyed, and these presents does Grant, Sell arid Convey, unto the
said State of Texas all that certain tract or
parcel of land being described at; follows to-wit:
Block___________Lot_____________ _________________ SUBDIVISION
In _________, County, Texas also known as _________ Texas. Subject however, to restrictions, easments reservations convenants running with the land In said addition, and subject also to taxes for the current year and thereafter.
TO HAVE AND TO HOLD the above described premises, together with all and singular the rights and appurtenance thereto and anywise belonging unto the said grantee (s) their heirs and assigns
forever and the said seller does hereby bind itself, Its successors and assigns, to Warrant and forever defend, all and singular said premises unto the said grantee (s) their heirs and assigns, against every person whomsoever lawfully claiming, or to claim the same, or any part thereof.
THE STATE OF TEXAS
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF _______________
THAT (I) ___________________________________________________
of the County of _____________, State of Texas for end in consideration of
the sum of ( $ )________________________________________________
to ME, ________, and secured to be paid by ___________________________
AS FOLLOWS:
($500000) FIVE THOUSAND DLLS. down payment, paid by Sept. 30th of 1998,
leaving a balance of ($35,000.00) THIRTY FIVE THOUSAND DLLS... to include principal and interest at 10% per annum. 180 Monthly payments of $376.11 THREE HUNDRED SEVENTY SIX DOLLARS AND 11/100. Starting with the payment every 5th of the month on May of 1998 with an open contract of 15 years.
Annual taxes will be the buyers responsibility starting on the year of 1998.
It is expressly provided that upon default In the punctual payment of this note or any part thereof, prinicipal or interest, as the same shall become due and payable, the entire lndebtness evidenced
hereby, shall be matured at the option of the holder.
This transaction is secured by Sellers retention of Title to the lot being sold by this contract
EXECUTED THIS 10th DAY OF APRIL OF 1998.
Seller
Identification _______________________________
Purchaser
Identification _______________________________
Purchaser
Identification _______________________________
This instrument was acknowledged before run this 10th day of April of 1998.
_____________________________
