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Re: pptp (poptop)



On Tue, 20 Aug 2002 13:22:56 -0500 (CDT)
 Tighe Schlottog <emry@icephyre.net> wrote:
>that has got the be the biggest freaking sentence i have ever seen.

Oh, you've never been in a chat room?  Just in case it was, it isn't
now...

      In the event that the Purchaser defaults in the payment of any
instalment of
      purchase price, taxes, insurance, interest, or the annual charge
described
      elsewhere herein, or shall default in the performance of any
other obligations
      set forth in this Contract, the Seller may: at his option: (a)
Declare immediately
      due and payable the entire unpaid balance of purchase price, with
accrued
      interest, taxes, and annual charge, and demand full payment
thereof, and
      enforce conveyance of the land by termination of the contract or
according to
      the terms hereof, in which case the Purchaser shall also be
liable to the Seller
      for reasonable attorney's fees for services rendered by any
attorney on behalf
      of the Seller, or (b) sell said land and premises or any part
thereof at public
      auction, in such manner, at such time and place, upon such terms
and
      conditions, and upon such public notice as the Seller may deem
best for the
      interest of all concerned, consisting of advertisement in a
newspaper of
      general circulation in the county or city in which the security
property is located
      at least once a week for Three (3) successive weeks or for such
period as
      applicable law may require and, in case of default of any
purchaser, to re-sell
      with such postponement of sale or resale and upon such public
notice thereof
      as the Seller may determine, and upon compliance by the Purchaser
with the
      terms of sale, and upon judicial approval as may be required by
law, convey
      said land and premises in fee simple to and at the cost of the
Purchaser, who
      shall not be liable to see to the application of the purchase
money; and from the
      proceeds of the sale: First to pay all proper costs and charges,
including but
      not limited to court costs, advertising expenses, auctioneer's
allowance, the
      expenses, if any required to correct any irregularity in the
title, premium for
      Seller's bond, auditor's fee, attorney's fee, and all other
expenses of sale
      occurred in and about the protection and execution of this
contract, and all
      moneys advanced for taxes, assessments, insurance, and with
interest thereon
      as provided herein, and all taxes due upon said land and premises
at time of
      sale, and to retain as compensation a commission of five percent
(5%) on the
      amount of said sale or sales; SECOND, to pay the whole amount
then remaining
      unpaid of the principal of said contract, and interest thereon to
date of
      payment, whether the same shall be due or not, it being
understood and agreed
      that upon such sale before maturity of the contract the balance
thereof shall be
      immediately due and payable; THIRD, to pay liens of record
against the security
      property according to their priority of lien and to the extent
that funds
      remaining in the hands of the Seller are available; and LAST, to
pay the
      remainder of said proceeds, if any, to the vendor, his heirs,
personals
      representatives, successors or assigns upon the delivery and
surrender to the
      vendee of possession of the land and premises, less costs and
excess of
      obtaining possession. 

William

-- 
William Underwood
wllmundrwd@charter.net

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