Notarial Seal

Form 19. - Contract of Sale. Chicago, Illinois.1

This Memorandum Witnesseth, That............................

............................hereinafter called the purchaser.... hereby agree... .to purchase at the price of...........................Dollars, the following described real estate, situate in the County of Cook, and State of Illinios, to wit:..................................................

(Description here.) and ...............................................................hereinafter called the vendor...., agree.... to sell said premises at said price, and to convey by full Warranty Deed with release of dower, inchoate or otherwise, and homestead rights or estates to said purchaser.... a good and merchantable title thereto, subject to: (1) Existing leases expiring ....................................; (2) Special assessments for improvements not yet completed; (3) The installments not at the date hereof due of any special assessment for improvements heretofore completed; (4)

Water taxes payable after..............................; (5) General taxes levied or assessed after the year A. D...............; (6) Building lines, if any; (7) Building or liquor restrictions, if any; (8) Party wall rights or agreements, if any.

...........................................................................................................................................Said purchaser has paid..................................Dollars as earnest money to be applied on said purchase when consummated, and agrees to pay within......................days after the title has been found good and merchantable or has been accepted, or after a guarantee policy, hereinafter mentioned, has been delivered to said purchaser subject as aforesaid and as hereinafter mentioned, the further sum of............

..............Dollars, as follows, to-wit:............................................................................................................................................................................................................................................................................................................to be secured by note or notes and mortgage or trust deed of even date with the Warranty Deed above mentioned, on said premises in the form ordinarily used by the Chicago Title and Trust Company.

The said vendor.... agree.... to furnish and deliver to..............

..............a complete merchantable abstract of title or merchantable copy thereof, within a reasonable time, brought down to include the date hereof.

Upon the receipt of said abstract the said purchaser.... shall have...........days thereafter in which to examine the title to said premises, and if upon such examination, objections to the title to said premises are found, then said abstract and a written statement of such objections shall be delivered to said vendor... .and... .he...........shall have sixty days after receiving said abstract and written statement of objections within which to cure such objections, and should said objections be not cured within said sixty days, then, unless the said vendor.... shall (in case he deems such objections immaterial) within said sixty days furnish said purchaser with a guarantee policy in usual form, to be issued by the Chicago Title and Trust Company, guaranteeing said purchaser... .against any loss or damage to the extent of the purchase price, by reason of defects in or liena upon the title of said vendor... .to said premises at the date hereof, subject only as hereinbefore stated and as follows, to-wit: (1) Rights or claims of parties in possession not shown of record and questions of surrey; (2) Mechanics' liens, if any, where no notice thereof appears of record; (3) Special taxes or special assessments, if any, which have not been confirmed by a court of record;

1 Form of the Chicago Title & Trust Co.

..................................................................................................................................................................................................................................................................................said earnest money shall be refunded and this contract shall become inoperative and be canceled, and surrendered to the vendor................

Should said purchaser... .fail to perform this contract on............

................part at the time and in the manner herein specified, the earnest money shall at the option of the vendor....be forfeited as liquidated damages including commissions to be paid by vendor.....

In case of loss or damage by fire in or about any building or buildings which may be situated upon said premises, the purchaser.... shall have the option of accepting all money derived from the insurance for such loss or damage and to complete this contract in the manner herein specified or of declaring this contract terminated, such option to be exercised within 5 days after such loss or damage shall be adjusted and the purchaser.... notified in writing of the true amount thereof.

Existing leases and fire insurance, if any, are to be duly assigned to the purchaser... .and the rents and premiums are to be adjusted pro rata as of the date of the delivery of said Warranty Deed.

It is understood that no tender of the deed or of said policy shall be required but that a notice addressed to said purchaser... .at..............

................and deposited, postage prepaid, in the post office in Chicago to the effect that said deed is, or in case of guarantee policy, as aforesaid, said deed and policy are, ready for delivery shall have all the force and effect of a tender of the same.

Time is of the essence of this contract and of all the conditions thereof.

This contract and the earnest money aforesaid shall be held in escrow by...........................................for the mutual benefit of the parties hereto.1

Dated the................day of................, A. D., 19.......

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This Memorandum Witnesseth, That the following Agreement shall be taken to be a part of the foregoing agreement and supplementary thereto, to-wit: