The following is the form of contract of sale used by the title insurance companies of New York. Other forms are in use and it is not compulsory to use this form. However, it contains in its printed portion Substantially all the provisions commonly used; the blank spaces to be filled in with the matter peculiar to each transaction.

Contract Of Sale

Agreement, made and dated between hereinafter described as the seller, and hereinafter described as the purchaser,

Witnesseth, that the seller agrees to sell and convey, and the purchaser agrees to purchase all that lot or parcel of land, with the buildings and improvements thereon, situate, lying and being in the Borough of

County of City and State of New York,

The price is

Dollars, payable as follows:

Dollars on the signing of this contract, the receipt of which is hereby acknowledged.

Dollars in cash or certified check on the delivery of the deed as hereinafter provided.

The deed shall be delivered upon the receipt of said payment at the office of at o'clock M., on 192

Rents and interest on mortgages and insurance premiums, if any, are to be apportioned.

The seller agrees that brought about this sale and agrees to pay the broker's commission therefor.

If there be a water meter on the premises, the seller shall furnish a reading to a date not more than thirty days prior to date herein set for closing title and the unfixed meter charge for the intervening time shall be apportioned on the basis of such last meter reading.

This sale covers all right, title and interest of the seller, of, in and to any land lying in the bed of any street, road or avenue, opened or proposed, in front of or adjoining said premises, to the centre line thereof, or all right, title and interest of the seller in and to any award made or to be made in lieu thereof, and the seller will execute and deliver to the purchaser on closing of title, or thereafter on demand, all proper instruments for the conveyance of such title and the assignment and collection of such award.

The deed shall be in proper statutory form for record, shall contain the usual full covenants and warranty, and shall be duly executed and acknowledged by the seller, at the seller's expense, and in form for recording, so as to convey to the purchaser the fee simple of the said premises, free of all incumbrances except as herein stated, and except restrictions imposed by the City of New York under resolution of the Board of Estimate and Apportionment, adopted July 25, 1916, and acts amendatory and supplemental thereto.

If there be a mortgage on the premises and such mortgage has been reduced by payments on account of the principal thereof, then the seller agrees to deliver to the purchaser at the time of delivery of the deed a proper certificate executed and acknowledged by the holder of such mortgage and in form for recording, certifying as to the amount of the unpaid principal sum of such mortgage and rate of interest thereon, and the seller shall pay the fees for recording such certificate.

All notes or notices of violation of law or municipal ordinances, orders, or requirements noted in or issued by the Tenement House or Building Department or Health Department against or affecting the premises at the date hereof, shall be complied with by the seller and the premises shall be conveyed free of the same. The seller shall furnish the purchaser with an authorization to make the necessary searches therefor.

All personal property appurtenant to or used in the operation of said premises is represented to be owned by the seller and is included in this sale.

All sums paid on account of this contract and the reasonable expense of the examination of the title to said premises are hereby made liens thereon, but such liens shall not continue after default by the purchaser under this contract.

The risk of loss or damage to said premises by fire until the delivery of the deed is assumed by the seller.

The stipulations herein are to apply to and bind the heirs, executors, administrators, successors and assigns of the respective parties.

Witness the signatures and seals of the above parties. In Presence of

(L. S.) (L. S.) (L. S.)