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ARTICLES OF AGREEMENT FOR WARRANTY DEED
Articles of agreement, MADE this .............. day of .............. in the year of our Lord One Thousand Nine Hundred and .............. Between .............. party of the first part, and ............... party of the second part; Witnesseth, That, if the party of the second part shall first make the payments and perform the covenants hereinafter mentioned on ........... part to be made and performed, the said party of the first part hereby covenants and agrees to convey and assure to the said party of the second part, in fee simple, clear of all incumbrances whatever, by a good and sufficient Warranty Deed, the lot..., piece..., or parcel... of ground, situated in the County of ............... and State of .............. known and described as .............. and the said party of the second part hereby covenants and agrees to pay to the said party of the first part the sum of .............. Dollars, in the manner following: .............. with interest at the rate of ........ per centum per annum, payable .............. annually, on the whole sum remaining from time to time unpaid, and to pay all taxes, assessments, or impositions that may be legally levied or imposed upon said land, subsequent to the year .......... And in case of the failure of the said party of the second part to make either of the payments, or any part thereof, or perform any of the covenants on ........ part hereby made and entered into, this contract shall, at the option of the party of the first part, be forfeited and determined, and the party of the second part shall forfeit all payments made by .............. on this contract, and such payments shall be retained by the said party of the first part in full satisfaction and in liquidation of all damages by ........... sustained, and ............. shall have the right to re-enter and take possession of the premises aforesaid. ..............
It Is Mutually Agreed, By and between the parties hereto, that the time of payment shall be the essence of this contract, and that all the covenants and agreements herein contained shall extend to and be obligatory upon the heirs, executors, administrators and assigns of the respective parties.
In Witness Whereof, The parties to these Presents have hereunto set their hands and seals, the day and year first above written.
Sealed and Delivered
in Presence of
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