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eeatrsh l.r l/oral Fortai No. 5,1-M �lal., Is.., 1.. AI..,., .,••1, I <br />ladlvldad Whitt'or T..u,...... I,_ ...... t.,,a.. ,.a,a ,aa, lu u.�• IN. u.. J;-1,.t <br />�CCC�IiC�lfr .horde and. enhtrrll illh, fhi.e 4 dart of August <br />111....82 , by and bt.evern Mttry Men Antliouy A/K/A Mary H, Anthony, single and <br />Richard Robert Gilmore A/K/A :Uch.,•t, It. Gilmore and Audrey Stolen Gilmore, husband and <br />wife <br />part a+es of the ,list part, and Charles Lewis Menke, single <br />, part y op the second part, <br />Wit[Irfiattb, That the said parties of the first partt in wnsideration of the covenants and ste"s.- <br />ments of said p., Y. of the second part, hereinafter contained, herellY •nrll and ofirer. tit r•onl•-u <br />unto said part Y u/ the second part, nis heirs arid assigns, by a Warranty. <br />Deed, accompanied, by an abstract er, !rneinfi fioxl title. in pxut of the first part at the dnt, hr,en; <br />or by an oluner's duplicate certi/kate of title, upon the prompt arid full performance by said part <br />of ilia second part, of his_.. ._ part of this agreement, file tract . of land, lyin; a,td brit,_+ in the <br />County of Hennepin _ and aSttte. of .Vinnesotu, dose-ibed as folloaa, to -it it <br />Lots 19 and 20, Block 40 "Navarre heights", according to the plat thereof on file or of <br />record in the office of the Register of Deeds in and for Hennepin County, Minnesota <br />Subject to restrictions, reservations and er— ments of record, if any. <br />And said part Y . of the second part, in consideration of tiro premises, hereby a fines to pity r,ld <br />parties . of the first part, at a designated place <br />as and jor the purchase price of said premises, the sum of 'Thousand and no/100--------- <br />-..---.----------($15,000.00)-----. -----------• ---- --------------------- Dollars, <br />in manner and at tirnes follorvinfi, to -it -it.. <br />$ 1,300.00 cash, receipt of which is hereby acknowledged; and <br />$13.700.00 payable as follows: $1,400.00, or more, (at option of party of second part,, <br />every six months beginning January 30, 1983 and $1,400.00, or more on <br />July JO, 1983 and every six months thereafter until July 30, 1989 at which <br />time the principal balance then remaining together with unpaid interest <br />shall be due and payable in full. All unpaid b.lances under tnt.s contract <br />shall bear interest at the rate uT 11% per annum to be computed every <br />six months and included in said payment. Said payment shall be applied <br />first to interest earned and the balance to reduction of principal. <br />Interest to be computed from August 4, 1982 <br />Party of the second part is to keep said property free from liens against <br />parties of the first part interest until contract is paLd in full. <br />Contract for Deed is to be paid in full when a mortgage is placed on <br />property. <br />(see reverse side) <br />Said part..Y ..... ul the second part further cuacnamill , and aw,•s . A a, lulls,,., to pat. Lcfore pit, rt.cisr. desert,,, 1f2 <br />all tatters due and payable ,n the your 19OZ.., and a •,til.-eyucul Nran, a J ail spveW edit art ul halr.ilai <br />levied. ........... _........ <br />_,.__.... _................... . ......_.......... ............... ...... _..._........... ... .... .. .................. <br />also that any buildings and impruvements now on said land, or which shall here../. d, placed, or o:ade tit ara+•u, <br />Shall nut be removed th-relrum, bwi shall be and re+nai, list properly •,f the park: live first part until u , e,... <br />Intl shall be fully performed by the r-•t......y. of the second Lars, and .t......_.hia........ ,own expense, tv \erp ti.e Iau.IJ• <br />iye on said prantses at all times insured in soma reliable ensurancr conyyny or eos.epamrt,, to be apprs,reJ 1.) list <br />Part t11.. of the first Bart, against loss by fire for at loael the sum uI <br />.__ .. ...... ........... ......... s.0 ficient..Go...caver indebtedrimalg. _ fa.list, <br />• aaaiwst loss br windstorm for at leasl the sum of . ,....., <br />_..............eu fit.i.Rtlt..Lp...CQYe.r. lR .eaCaOR eill._.._... <br />•...... s 1 IA,llars <br />Payable ro said paet..la8. of the first pan, . thair..........hevs or as,.i�ns, and, in rase a! hgaa, stteald Ihgna ha gar sat - <br />pas aver and store the amount then own •and sari.. its u[ the tint `.all, ..— their. ......bein, or aaigws, the batarwe <br />%!.ell he psi over to 111 ,old part.......% of !be eeeond part as . ^La 11 interest dish a <br />"k ws:ll the parl.,.�BB ul the first pall palwier ^r said insurance, Rol should the aeeMd y.... ... I&J tut Ptwr. <br />s ,� Mrs 'Ay say nag <br />Mid by sod part. y...... under th• ,.t its hlirvof, saner may lie paid by first paniaa.... sad them be furthsrnh pay. <br />Ilbla, with interests tlwr"", t an aa: :a!tmal emoting Jne i, rI Lilts seder this cunu.st <br />