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HomeMy WebLinkAbout- Legal Document - 31 MOODY STREET 12/1/1978 REAL ESTATE AGREEMENT 223 made this day of December, A. D. 19 78, between Donna Lee Brown, Administrator of the Estate of Mary Moody Selden, Essex County Probate Docket No. of the first part, and Benjamin C. Osgood, of 69 Old Village Lane, North Andover, Essex County, Massachusetts, of the second part. The party of the first part hereinafter referred to as the SELLER hereby agrees to JnJV'And the party of the second part hereinafter referred to as the BUYER agrees to pmr1law a certain estate situated in North Andover, Essex County, Massachusetts, on the Northerly side of Moody Street, and being shown as Lots numbered fifty-four (54), fifty-five (55) and fifty-six (56) on plan of land entitled: "Plan of Land Owned by Mary Moody Selden, Located in North Andover, Mass. , Charles E. Cyr, Civil Engineer" and to Which plan reference maybe had for a more particular description, Said Lots numbered fifty-four (54) and fifty-five (55) will be conveyed subject to a twenty foot drain easement as shown on said plan. The contemplated deed will contain the following restriction: "No building or structure shall be Placed on any lot above referred to other than a single family dwelling. X I M Said premises are to be conveyed on or before l e anew 30 197g�ount 'robate ourt, good and sufficient administrator's deed under �of throe PSESERR, conv�ying a-good and clear title to the same, free from all encumbrances, except: (a) Provisions of local zoning Iaws, if any; (b) Existing rights created by instruments of record in party or partition walls (if any) ; (c) Such taxes for the current year as are not due and payable on the date of the delivery of such deed, and any liens for municipal betterments assessed after the date of this agreement. (d) Drainage easement as hereinabove set forth. (e) Such easements and restrictions as are in force and applicable. To enable the SELLER to make conveyance as herein provided, the SELLER may, if the SELLER so desires, at the time of the delivery of the deed, use the purchase money or any portion thereof to clear the title of any or all encumbrances or interests; all instruments so procuied to be recorded simultan- eously with the delivery of said deed. It is contemplated that the Seller shall secure a License to Sell from the Essex County Probate Court as soon as possible, if for any reason such License is not issued by the said Probate Court by January 30, 1979, this agreement shall automat cally be extended for sixty (60) days= and for such deed acid conveyance the BUYER is to pay the sum_of - - - Fifty-Four Thousand One Hundred Fiftyy ($54, 150.-'00) ---- --------� --_ dollars of which - - Fifty-Four Hundred Fifteen ($54I5. 00) - dollars have been paid this day, and the balance is Into be paid in cash upon the delivery of said deedfxdtie�a� � �� f'x DAnkWx Y - � l 1 ti Full possession of the said premises, free of all tenants j . is to be delivered to the BUYER at the time of the delivery of the deed, the. said premises to be then in the same condition in which they now are by fire or other unavoidable casualty excepted. t � � � Taxes, shall be apportioned as of the day of delivery of the deed, and the taxes MnMW979 shall be paid by the second party. The deed is to be delivered and the consideration paid, if the purchaser so requires, at the Registry of Deeds in which the deed should by law be recorded, on January 30, 19 79, at ten o'clock A. M. unless some other place and time should be mutually agreed upon. If the SELLER shall be unable to give title or to make conveyance as above stipulated, any pay- ments made under this agreement shall be refunded, and all other obligations of either party hereunto shall cease, but the acceptance of a deed and possession by the BUYER shall be deemed to-be, a full performance and discharge hereof. NO IT IS 'UNDERSTOOD THAT AXBROKER'S COMMISSION ft-'x :Pe0XXMtXX on the said sales has been contracted by either panty. The contracting parties agree that this contract contains all the terms and conditions of this sale. It is mutually agreed that any oral representation made by either party prior to the signing of this agreement is null and void. Time is of the essence. In witilroo w4,er..-.Vf, the said parties hereto, and to another instrument of.like tenor, set their hands and seals on the day and year first above written. Signed and seated in presence of E4N TUf EAN... . -------- 4» DAonna Le rown Administrator of the Estate of Mary ------------------------- Mt�t�dyidn Benjamin. C. O good Lada J. Colson The time for the performance of the foregoing agreement is extended until Witness our hands and seals this day of I9 { Donna Lee Brown, Administrator of Estate of Mary Moody Selden. with Benjamin C. Osgood Artrutunt �u [REAL ESTATE] From the ofaee of Eaton & Chandler 728 Bay State Building Lawrence, Mass. 01840 m Tel 685-5123 Ia N RETURN TO HO6BS&WARn EN, INC. PUBLISHERS STANDARD REGAL FORMS 00670M - MASS. FORM 223 p REVISED 1070