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. �� - �� <br /> . ESTATE PURCHASE CONTRACT <br /> . REAL <br /> " ' Approved for use by the Decatur Bar <br /> Association and the Decatur Association of Realtors <br /> 1, City of Decatur, Illinois, an Illinois Mun�cipal Corporation , asSeller, <br /> The Chica o Trust Com an as Trustee of Land Trust Number 3760 <br /> agrees to sell and <br /> g P Y ,as Buyer, <br /> r es to urchase at the rice of $15,750.00 the following legally described real estate(premises)situated in <br /> ag e p p <br /> Macon Counry, Illinois, <br /> Lots 7, 8, 9, 16, 17 and 18 of Block 2 Hill's Second Addition, as per records in the <br />, Recorder's Office of Macon County, Illinois. <br /> ort nivers_1 noi� .The Tax ID#for this ro e is: 04-12-09-427-007 <br /> commoniy known as: a��P.,,,a Tlarat�r, I,I � p p rty• <br /> 2. Buyer shall pay$ � as earnest money��Hx1e.��4as�a�a��8�tla�tsc��4��kzea�a�4a <br /> �aseaxx���ia�t�$�x�tx��ss��a�#aoama��o���a�#t�set��t�s��c��esf�t�� <br /> ������������������X�� In the event of a default, either party shall have remedies <br /> available in law and equity.�s�hac���k��t$�B�tf��scs��ctkA�kr���ss��o�ey�4����� <br /> x�4��t�NR+#�[R��R�t�4���c��`X�l4X�f��+��x�4ic�k�:4k�C����i3tEfi1�t4kt!{�£�#��GA�x <br /> 3. Seller shall promptly furnish to Buyer a commitment for an owner's titie insurance policy insuring against defects in the <br /> merchantabiliry of title up to the value of the purchase price set forth above. Titie insurance shall show that there shall be no <br /> financing statements on file affecting fixtures inciuded in the purchase. Title may be subject to coal and mineral rights if now <br /> reserved or conveyed of record and to all easements and building and use restrictions now of record which do not restrict <br /> reasonable use. Buyer shall promptly advise Seller of any claimed defects in title evidence to permit resolution before settlement. <br /> Seller shall pay the initial title search charge and title insurance premium. Buyer shall pay the search charge as to the Buyer, the <br /> cost of mortgagee's title insurance policy, if any, and the cost of all necessary endorsements to the title insurance policy. Buyer <br /> and Seller shall furnish immediately upon request all information legally required for financing or transfer of title. If no lender is <br /> involved, any fee for settlement of this contract shall be divided equally between Seller and Buyer. <br /> 4. Buyer shall pay Seller the balance of the purchase price at the office of Central Illinois Title Company on <br /> or upon mutual agreement before April 30, 1997 ,which event is called settlement. <br /> 5. At settlement,Seller shall deliver to Buyer a warranry deed to the premises,subject only to those matters to which the title may be <br /> subject as provided in paragraph 3 above, and conveying the benefits of aIl easements of record prior to the execution of this <br /> contract, if any, in such form and together with such documentation as shall be required for recording said deed. Seller shall also <br /> furnish Buyer,at settlement,all documentation necessary to protect Buyer from mechanic's liens. Seller agrees to pay for transfer <br /> tax stamps, prepare the real estate transfer declaration form and any environmental disclosure requirement documents. Buyer <br /> agrees to pay for the cost of recording with the Recorder of Deeds any of the documents necessary to complete the transfer of <br /> ownership. <br /> g. ���g�C�gg�,��yy������or before settlement Seller shall pay for and give Buyer credit for general <br /> real estate taxes for all prior years and for Seller's pro rata share of such taxes for the year of settlement. Seller shall further pay <br /> or give Buyer credit for all special assessments now a lien against the premises, rents, if any, and all water or sewer bills or <br /> watermain or sewer connection charges incurred and unpaid as of settlement.Credit to Buyer for general real estate taxes not yet <br /> payable shall be computed on the basis of the most current tax information available at the time of settlement. <br /> 7. Buyer shall be entitled to possession of the premises at 5:00 o'clock PM on date of settlement.�e�i&�a3c�k��� <br /> 44CI���������0�4X3t�M2C�:if}fp�r�rxxxxxxx���f�{�$����V�c��kR�����'1]� <br /> S�� f�C��BIHR���ei7{ntS�X�dA�Mpatnc�tX <br /> g. . It is understood by the parties that the Buyer is purchasing premises for the purpose <br /> of entering into a lease agreement with Auto Zone of Memphis, Tennessee. If for any <br /> reason Buyer is unable to enter into a lease agreement with Auto Zone, as lessee, <br /> Buyer may declare this contract null and void with each party thereby receiving a full <br /> �release from the other. <br /> 9. No notices, suits or judgments relating to the premises have been received by the Seller except: <br /> None <br /> SELLERS INITIALS DATE BUYERS INITIALS DATE <br /> pg 1 of 3 <br />