This contract, made this

......................................day of................................in the year one thousand nine hundred and......................between........................

of the City of......................................,Wayne County, Michigan, party of the first part, and ...................., party of the second part:

Witnesseth: That party of the first part in consideration of the payments to be made and the agreements to be pefrormed by the party of the second part, as hereinafter set forth, agrees to sell and convey to the said party of the second part, the following described land, situated in the....................of................,

Wayne County, Michigan, to-wit: ..................................................

.....................................................................................................

(here insert description of property). For the sum of...............

dollars, which the said party of the second part agrees to pay to the said party of the first part as follows (here designate payments) including (or with) interest on all sums at any time unpaid hereon at the rate of............................per cent. per annum, till due and thereafter at the rate of seven per cent.

per annum till paid, payable .................... until said principal sum is fully paid.

It is a condition of this agreement that the party of the second part, his heirs and assigns, shall use the premises herein described for residence purposes only .............................

Said party of the second part further agrees to enter said premises for taxation in his own name and to pay within 40 days after the same shall become payable all taxes and assessments, extraordinary as well as ordinary, that may be levied thereon, including the .................. taxes thereon for the year

19.........

Said party of the second part further agrees that he shall and will keep the buildings and improvements upon and to be placed upon said premises insured in a responsible insurance company, and to an amount to be approved by the party of the first part, for the benefit of the party of the first part, until the purchase money is fully paid; and that said party of the second part shall and will keep the buildings and all other improvements upon said premises in good repair.

In case the party of the second part shall fail to pay all taxes and assessments or to insure the premises as hereinbefore provided the party of the first part may pay and discharge said taxes and assessments and effect such insurance and the amounts paid therefor by the party of the first part shall be deemed a part of the principal sum hereof, and become payable forthwith, with interest at the rate of seven per cent. per annum, payable as aforesaid, until paid.

It is agreed, by the parties hereto, that the said party of the first part, on receiving payment in full of said principal and interest and of all other sums chargeable in his favor hereon, and the performance of all the agreements of the party of the second part herein contained, in the manner and at the time above limited therefor, and upon the surrender of this contract shall and will at his own proper cost and expense furnish a Union Trust Company Abstract, Guaranty or Certificate of Title and execute and deliver to said party of the second part, a good and sufficient Warranty Deed of said above described premises, free and clear of and from all liens and encumbrances, except such as may have accrued on said land or the buildings thereon subsequent to the date hereof, by or through the acts or negligence of any party or parties other than the party of the first part hereto and which deed shall contain the same building restrictions contained in this contract.

It is further agreed, that the said party of the second part shall have possession of said land upon the execution of this contract, and shall be entitled to retain possession thereof so long as there is no default upon his part in carrying out the terms of this contract.

It is further agreed, by the parties hereto, that time shall be of the essence of this contract and that if the said party of the second part shall fail to make any of the payments or perform any of the conditions above set forth, in the manner and at the time above limited therefor, the party of the first part shall, immediately after such failure, have the right to declare this contract void, and to retain whatever may have been paid hereon, and the premises, together with the buildings and improvements thereon as stipulated damages, and may consider and treat the party of the second part as his tenant holding over without permission, and may, without notice, written or otherwise, take immediate possession of the premises and remove the party of the second part therefrom.

It is further agreed, by the parties hereto, that the said party of the second part shall not assign this contract without the consent of the party of the first part being first endorsed in writing hereon and on the duplicate copy hereof held by the party of the first part.

The covenants, conditions and agreements herein contained shall be for the benefit of and binding upon the several parties hereto, and their respective heirs, legal representatives, successors and assigns.

In witness whereof, the parties hereto have executed this agreement in duplicate the day and year first above written.

..............................................L.S.

..............................................L.S.

..............................................L.S.

In presence of

.....................................................

....................................................

State of Michigan, County of.............., ss.

On this....................day of....................in the year one thousand nine hundred and...................., before me, a notary public in and for said county, personally appeared (here insert name) to me known to be the same person described in and who executed the within instrument as vendor................, who acknowledged the same to be his free act and deed.

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Notary Public, Wayne County, Michigan

My commission expires.....................................