Here is the deed There is no mention of Default, Replaced personal information w/the XXX's
THIS DAY this Agreement is entered into by and between XXX and XXX, hereinafter referred to as “Seller”, whether one or more, and XXX and XXX hereinafter referred to as” Purchaser”, whether one or more, on the terms and conditions and for the purposes hereinafter set forth:
- Sale of Property
For and in consideration of Fourteen Thousand Dollars and Zero Cents ($14,000.00) including a down payment of Two Thousand Dollar and Zero Cents ($2,000.00), Making the Purchase Price of Said Property Twelve Thousand Dollars and Zero Cents. ($12,000.00) other good and valuable considerations the receipt and sufficiency of which is hereby acknowledged, Seller does hereby agree to convey, sell, assign, transfer and set over unto Purchaser, the following property located in Boone County, State of Arkansas, said property being described as follows:
1993 16x80 Mobile Home 3 bedroom 2 bath, located at XXXXX, currently located in the Mobile Home Subdivision in XXXX.
Together with all rights of ownership associated with the property, including, but not limited to, all easements and rights benefiting the premises, whether or not such easements and rights are of record, and all tenements, improvements and appurtenances, including all light fixtures, plumbing fixtures, shades, blinds, curtain rods, storm windows, storm doors, screens, awnings, and decking if any, now on the premises.
- Purchase Price and Terms
The purchase price of the property shall be $14,000.00. The Purchaser does hereby agree to pay to the order of the Seller the sum of 2,000.00 Dollars upon execution of this Agreement with the balance of $12,000.00 being due and payable as follows:
(A) Balance payable, together with interest on the whole sum at the rate of 5% per cent, payable in the amount of $276.35 dollars per month beginning on the 1st day of June, 2011, and continuing on the same day each month thereafter until the 1st day of June, 2015, when all remaining principal and interest shall be paid (based on payment). With first payment due June 1st, 2010, with a 15 day grace period. Monthly payments shall be made to: Josh and Amanda Evans and sent to the following address: XXXXX
In addition to payment it is the Purchasers responsibility to pay the sum of $125.00 per month in lot rent to XXXXX.
If interest is charged, interest shall be calculated monthly and deducted from payment and the balance of payment shall be applied on principal. Amortization Schedule is attached.
- Time of the Essence
Time is of the essence of each and every term and provision in this Agreement by Purchaser.
This Agreement shall stand as security of the payment of the obligation of Purchaser.
- Maintenance of Improvements
All improvements on the property, including but not limited to, buildings, trees or other improvements now on the premises, or hereafter made or placed thereon, shall be a part of the security for the performance of this contract and shall not be removed wherefrom. Purchaser shall not commit, or suffer any other person to commit, any waste or damage to said premises or the appurtenances and shall keep the premises and all improvements in as good condition as they are now.
- Conditional Improvements
Purchaser agrees that the Seller has not made and does not hereby make any representation or warranties as to the condition of the premises or the condition of the buildings, appurtenances and fixtures locate thereon, and/or the location of the boundaries. Purchaser accepts the property in its “as-is” condition without warranty of any kind.
- Possession of Property
Purchaser shall take possession of the property and all improvements thereon upon execution of this Agreement and shall continue in the peaceful enjoyment of the property so long as all payments due under the terms of this Agreement are timely made. Purchaser agrees to keep the property in a good state of repair and in the event of termination of this Agreement, Purchaser agrees to return the property to Seller in substantially the same condition as it now exists, ordinary wear and tear excepted.
- Taxes, Insurance and Assessments
Taxes and Assessments: During the term of this Agreement:
Purchaser shall pay all taxes and assessments levied against the property.
Contents Insurance: Purchaser shall be solely responsible for obtaining insurance of the contents, insuring contents owned by Purchaser.
Liability and Hazard Insurance: Liability insurance shall be maintained by Purchaser during the term of this Agreement.