Contract For Deed (Page 3 of 5) in pdf

17. Residential Property. Notwithstanding the language contained in Paragraph 13 of this agreement, it

is agreed that if the Property is used or is to be used as the Buyers’ residence, Seller shall give

notice to Buyers of Seller’s intention to enforce a forfeiture of the interest or an acceleration of the

debt, or both.

18. Attorney’s Fees. If, on account of any breach or default by Seller or Buyers of the obligations to

the other under the terms, covenants, and conditions of this agreement, it shall become necessary

for either of the parties to employ an attorney to enforce or defend any of their rights or remedies

hereunder, the prevailing party shall be entitled to any reasonable attorney’s fees incurred as a

result of this enforcement or defense as well as being entitled to be reimbursed for all expenses

incurred in connection therewith.

19. Entire Agreement. This instrument including the attached Schedule (A) is the entire agreement

between Buyers and Seller respecting the Property, and any agreement or representation

respecting the Property or the duties of either Buyers or Seller in relation thereto not expressly set

forth in this agreement is null and void.

20. Binding on Heirs and Successors. All of the terms, covenants, and conditions contained in this

agreement shall apply to, inure to the benefit of, and be binding on the heirs, executors,

administrator, successors and assigns of the parties, except as otherwise herein expressly

provided.

IN WITNESS WHEREOF, I/we the undersigned Purchaser have executed this Installment Land Contract on

the day and date first above written.

________________________________________ Seller SS#_______________________

________________________________________ Buyer SS#_______________________

STATE OF _________________

)

)ss:

COUNTY OF _______________

)

___________, 20 ___ , before me, _________________, a notary public in and for said State

personally appeared _____________________________, personally known to me (or proved to me based

upon satisfactory evidence) to be the person(s) whose name(s) are subscribed to the within instrument and

acknowledged that (s)he/they executed the same in his/her/their signature on the instrument the person(s)

or entity on behalf of which they acted, executed the instrument.

Witness my hand and official seal

[NOTARY SEAL]

___________________________

NOTARY PUBLIC

My commission expires ________________

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