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HomeMy WebLinkAbout866841RECEIVED 866610 ;60 PR PAGE 2 3 3 ._INCQLN CnUNT`y rP 00 JUL 5 AN INSTALLMENT SALE AGREEMENT KEMMERE WYOt THIS AGREEMENT made and entered this 27th day of June, 2000, by and between PATRICIA E. LOONEY, a single woman of Pinedale, Wy., Party of the First Part and hereinafter called the "Seller and JON F. CORONA and CYNTHIA R. CORONA, husband and wife, of Rock Springs, Wyoming, Parties of the Second Part and hereinafter called the "Purchaser W I T N E S S E T H: Seller agrees to sell unto Purchaser and Purchaser agrees to buy from Seller the following described real estate situate in the County of Lincoln and State of Wyoming, to -wit: Lot 46 of the Viola Subdivision, as the said subdivision appears on the plat and map thereof on file and of record in the office of the County Clerk of Lincoln County,Wy., and TOGETHER WITH all buildings, fences and improvements situate thereon or appurtenant thereto, AND TOGETHER WITH all water and water rights, ditch and ditch rights, and reservoir and reservoir rights situate thereon or appurtenant thereto; BUT SUBJECT, NEVERTHELESS, TO the provisions of United States patents, AND SUBJECT FURTHER TO easements and rights of way of record or in actual use for telephone transmission lines, electric transmission lines, irrigation ditches and canals, and roads and ways, AND SUBJECT FURTHER TO all outstanding mineral interests. AND SUBJECT FURTHER TO accrued and accruing taxes, and for said real estate Purchaser shall pay, and Seller shall accept, THIRTEEN THOUSAND TWO HUNDRED DOLLARS ($13,200) of which amount Purchaser has this day paid Three Thousand Three Hundred Dollars ($3,300), receipt whereof by Seller is hereby acknowledged, and the balance of said purchase price together with interest accruing thereon at the rate of Eight Per Cent (8 Per Annum from and after the 15th day of July, 2000, shall be paid by 120 monthly install- ments, each in the amount of $120.12 commencing on the 15th day of August, 2000, and continuing on the 15th day of each month thereafter succeeding until said purchase price and all interest has been fully paid; All of the aforesaid installments shall be made to Seller at Pinedale, Wyoming, or such other place as Seller may hereafter designate; p866841 235 4- Timely performance default. Time is of the essence of this agreement and Purchaser shall make all payments promptly as herein provided; Purchaser expressly understands and agrees that if Purchaser shall fail to make any of the aforesaid payments to Seller, in the amount, manner and within the time herein provided, or should Purchaser fail to perform any of the other terms and conditions hereof, in the manner and within the time provided, and shall fail to make said delinquent payments and otherwise remedy the default of other terms and conditions WITHIN THIRTY (30) DAYS after written notice thereof is deposited in the United States mail, postage prepaid, and addressed to Purchaser at the following address of the Purchaser, to -wit: JON F. CORONA and CYNTHIA R. CORONA 389 Hillcrest Lane Rock Springs, Wyoming 82901 the Seller may at the option of Seller declare this contract ended, cancelled and of no further force and effect, and Seller may file for record in the office of the County Clerk a declaration of forfeiture (setting forth the facts of such failure on the part of Purchaser) and the same shall be sufficient to cancel all obligation hereunder on the part of Seller and shall fully reinvest Seller with all rights, title and interest hereby agreed to be sold, conveyed or delivered and Purchaser shall forfeit all sums paid hereunder; Purchaser shall further forfeit all right, title and interest in and to the above property including any and all improvements and Seller shall have the right to re -enter and take possession, without demand, of the above described real property and all improvements thereon, including those erected or placed thereon by Purchaser and in event of such repossession Seller may keep said real property as Seller's own and absolute property bein hereby released from all obligation at law and in equity to convey said property, and in such case all monies forfeited as described above shall be considered as rental for said property and as liquidated damages for failure on the part of Purchaser to perform and comply with the terms of this agreement; 5- Construction. All words used in this agreement including the words "Purchaser" and "Seller" shall be construed to include the plural as well as the singular number and words used herein in the present tense shall include the future as well as the present and words used in the masculine gender shall include the feminine and neuter; 6- Effect of waiver. The waiver of Seller of any covenant, condition or agreement herein contained shall not vitiate the same and the terms, conditions, covenants and agreements set forth herein shall apply, inure to and bind the heirs, executors, administrators and assigns of the respective parties hereto; 7- Persons bound. All provisions hereof shall extend to, inure to the benefit of and be binding upon the respective parties and their heirs, devisees, personal representatives and assigns; 8- Litigation allowance of attorney's fees to prevailing party. If any action is brought to enforce this agreement or any provision hereof, to rescind the same, to collect damages for s an alleged breach hereof, or for declaratory judgment hereunder, the Page Three O abed :saxp4 TOOZ 3o TTe dpd TTegs aaspgoand auk pup 'aaTTaS xq pTpd aq TTegs ogaaam aoTad pup OOOZ: aped age uT Agaadoad age uodn patnaT pup pessassp sex ITV •squawssessp pup sexes :peep dqueaa2m go wao; daogngeqs go supaw dq 'agtM pup puegsng 'puoao0 •d q udj pup puoao0 •a uof oqun Agaadoad anoge am. danuoo TT egs aaTTaS 'utaaaq aaspgoand go paatnbaa SP pawaogaed asTM.aamo spg aasegoand SYHZ OHQIAOdd GNV 'gsaaaqut TTe pue aotad aspgoan( age go auawdpd uodn .peep Aqupaap& go AaaATTaG -Z :aapunaaag aaspgoand Jo uoT4PFTTgo ago NfNNV dad %8T) ZNaD dad NSSZHOIS 4e gsaaequT gaits aagHaboq. 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'suaTT 'quawubtssp 'uotssassod -T :SM07703 SY Hadov daHSdn3 sa navd au :eotad aspgoand agq. oq. aoupTpq am. pup gsaaaquT panzoop age o' pagTpaao gsaT; aq TTegs spew os squawdpd TT2 :paaTnbaa pup ggao3 4es anogputaaaq se gsaaaqut pup aotad aspgaand go squaUTTeq.sut age 0 uo uT pup anoge pup aan0 quawdpd axew asTMaamo dew ao 'quawded go agpp 04 panaoop gsaaaquT age ggTM aamaEog. aDTad aspgoand am. go aoueTeq pTpdun uam egg- 'd4Tpued 4nomTri 'dpd aaspgaand go uoTgdo am. qp dew aasega and 'TOOZ 'dapnupf go App gsaTJ age aaggP 4p144 saaabp aaTTaS 'aanaAOq 'q.daoxa 'maoJ 4as anogputaaag squnowp am. uT pup sauT4 am. qp 1.daoxe gsaaaquT pup wns TpdTouTad.am. JO squauTTp4sut utoEaao3 am. go due gdaoop oq paq.pETTgo aq 'ou TTegs aaTTaS TiA9980 0866841 STATE OF WYOMING COUNTY OF SUBLETTE The foregoing instrument.3as acknowled ed before me by f Patricia E. Looney, this day of 2000. Witness my hand and official seal. 0TA y •44. o` 4 0 C 1'Nr .s% My commission expires :Al z;'f0 STATE OF WYOMING COUNTY OF SWEETWATER VALERIE FIESELER NOTARY PUBLIC COUNTY OF SWEETWATER MY COMMISSION EXPIRES STATE OF WYOMING My commission expires: 9- 7, ,(4 s s ss Notary Public The foregoing instrument was acknowledged before me by Jon F. Corona and Cynthia R. Corona, this 2O4 -h day of Tn� 2000. Witness my hand and official seal. 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