The said vendor... .agree___to furnish and deliver to said vendee...within..............days from the date hereof, 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 liens upon the title of said vendor.... to said premises at the date hereof, subject only to the matters hereinbefore stated and to the following matters, to-wit: (1) Bights or claims of parties in possession, not shown of record, and questions of survey; (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;......................................................................................................................................................................................... and in case said Chicago Title and Trust Company shall be unable or unwilling to issue said guarantee policy within the time aforesaid, 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 or to be 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, provided such option shall be exercised at any time after such loss by fire shall occur, and not later than five days after such loss or damage shall be adjusted and the purchaser. .. .notified in writing of the true amount thereof.

Upon the consummation of this sale, 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, Illinois, to the effect that said deed and guarantee 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 the Chicago Title and Trust Company 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:

After the title to the real estate hereinbefore described has been examined and approved by the Chicago Title and Trust Company, and it has indicated in writing its willingness to issue its guarantee policy as provided in said contract, then said purchaser.... shall deposit with the Chicago Title and Trust Company in escrow the balance of the purchase price aforesaid, together with the purchase money, notes and mortgage or trust deed, if any, and the said vendor.... shall deliver to said Company all abstracts of title, leases, insurance policies, tax receipts and title papers in his possession relating to said premises and the warranty deed aforesaid, which warranty deed, together with said mortgage or trust deed, if any, shall be by said Company forthwith placed on record, and the searches for guarantee policy aforesaid shall be brought down to cover the date of record of said deed and trust deed or mortgage, if any, and if it shall then appear that the title passing to said purchaser.... by said warranty deed answers the requirements of the foregoing contract, then the Chicago Title and Trust Company shall pay the purchase price and deliver the notes deposited with it hereunder to said vendor.... or to agent designated in writing, and deliver to the purchaser.... or agent designated in writing, the abstracts, guarantee policy, leases, tax receipts and title papers deposited with it under the terms hereof.

Real Estate broker's commission of....................to be paid by ................................ to ................................

Escrow fee to be paid by.........................................

Guarantee policy premium to be paid by...........................

Recording fees to be paid as follows:..............................

In Witness Whereof, the said parties hereto have hereunto set their hands and seals this...........................................day of ................................, A. D. 19.....

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Form 21. - Contract of Sale. Philadelphia, Pennsylvania.2

This Agreement made the................day of.................

A. D. 19......between.............................of the first part and ....................................... of the second part;

Witnesseth: That the said part... .of the first part agree... .to sell and convey to the said part.... of the second part, and the said part.... of the second part agree.... to purchase..................................

1 See Form 32 infra, " Deed and Money."

2 Supplied by Frederick M. Pile, Esq., of the Philadelphia Bar.

.......................................................................................................................................on the terms and conditions following to-wit.....................................................................................................................................................................

The part... .of the second part further agree___to pay for all municipal improvements in the course of construction, at the date hereof, and for any such work commenced or completed between the date of this agreement and the time of settlement.