HomeMy WebLinkAbout41- Symmonds Contract for Purchase and Sale of Real Estate
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CONTRACT FOR PU?CHASE AND SALE OF FcEAL ESTA'l'2
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THIS AGREEMENT, Liade find entered into ttis 24th dRY of MBrch,
~.
1941, by pnd between T.W. S~ onds, of Bozeman, Mcnt~nR, h~reln-
pfter referred to AS the purchl'lspr, I;'nd The C1 ty of BozemA.n, a
-' -- municioal corpdretion of the State of Montane 1n Gellfltin County,
hereinafter referred to as The City,
WITNESSETH: That if the Durchsper shall first make the neyments
end perform the covenants and conditions hereinafter snecified on
// kept pnd performed, The City hereby covenA~ts
his part to be observed,
end Rgrees to convey end essure to the purchaser, in fee simple, by
8 good and sufficient deed of conveyance, cleer pnd free of Rny
encumbrance whatsoever excent as hereinefter stated, the follow-
ing described real oroperty 8i tUB.tad in Gallet1n County, Stflte of
Montene, and described AS follows:
The east helf (E~) of the SoutheAst ~u~rter (SE~)
of S~ction Six (6), T3SR6E; And e1so RIl th~t PRrt
of the Southwest Q,uarter (SWt) of Section Five (5),
T3SR6E, included within the following metes pnd bounds:
Beginning at the southwest corm~r of seld SWt of
Sectlon 5, T3SR6E, thence eest along the south line
thereof 120 rods; thence north on R line parellel
with the east line of Beld quarter spction to the
_ __"d_____.__~___ intcro~ot iQn of W~H;tt 1" kn^w:rl n" +h~ "Willls..ms Up,)E"r
Ditch"; thence north along the east line of said ditch
to a polnt 16 feet south of the north line o~ seld
quarter section; thence west by a line parallel with
and 16 feet south from said north line to the west line
of sald quarter section; thence south elong seld west
line to the pIece of beginning. The entire tract hereby
agreed to be purchased end sold containing 200 flcres,
more or lesS, but reservin! end excepting to The City
e.11 w8.ter rights and prlvi eges cf.' every kind end
description, - eODurtens.nt to sflld lend or used in
connection therewith, no water right or privilege of
any kind or descrintion being covered by, or included
In, this agreement.
And the purchaser hereby covenants a.nd agrees to pay to The
City for said le.nd the net sum of $6,175.00, lawful money of the
United States of America, Dayeb1e at the office of the Clerk of the
-. .. ----ei ty CommisBlon of The Oi ty of Bozeman, Montane, et the time !'lnd
times and in the manner following:
ThQ sum of $1500.00 at or bpforp the execution of this
~ agreement, the receipt of ~hich 1s hereby ~cknowledged.
The sum of $1,000.00 on or bpfore the 1st day of Anril, 1942
The sum of $1,000.00 on or before the 1st day of ADril, 1943
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Ap'reement p:c.p'e 2
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The; GUifl of ~l,OOO.OO on O~ be fora r, [j...~; fix'",;t, chty 00' j\pr11,J9L~~.
'i'he '3urn ~f 11,000.00 on or before the let day of Apr'il, -, 9"5
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'ThE; sum of ;J675.00 on or befor'3t.he let day of April,1946
'\':1 t h i ntereet e.t t 11<.:; ra t 6 of 8i x r-erc-3nt (6~;, ) tar annum, !~a Y8.b Ie
annually, frem April 1st, , 9W-] on ':: he '::hole sum r~mo.inir!G" from
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t i rne to time unpaid; and to ;::;ccY al~ te,xes, as 8e ,,'. .,r.:;;nt l:i an d i f!j po r~ 1-
t~ono ~hR~ may be legally 1~vi2d or irr)o~ed upon . ~ "'.., '.
. ~ :'~'.;.1 ..::- ~_ ;.;111 ;",l
-- .- subsequent to the year 1940.
f.;lhe ri S;llt , bo'!evc1' 1 ie reserved to ~he I}1...1 1\'] l1ct, B Q l~ ) 1.0 pa,y
the entire sum r8ma.ining unpaid at any time befpre, bu'~. not
] at 9 r t. han , April 1st, 191i-6 I with accrued interest on sue h
unfln1d sum tot he dat e 0 f Pi?, ymen t .
-f: 1... ;:~ puroh3.ser understc:mds and. ae;r,c:68 thc.t: the L"nd hereby
.!" ......1, '~....
E\r,r,:re,~ d 1,0 be pure he.sed ::md sold, 10 unier a v0rb&1 .1 ~jGt ~~~e for
farr!.ii ng FJ.rpoBe S J but eubj eaT, to sale, to one J 0 1m li. ~ Ps.sha;
c h'::~! the house on that part. 0'"' saii ]and known as tho Huff plc~ce
".
i "J () iJ'; u pi e d n s living qu~r~prB by one Jo';.~ jTee FLnet the hCl;s3 ur~
wh:1.t is kno'/Tn as the t1!Li:iLuns I~lE1.C ~ i8 oca~pi0d au Jiving
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quurtero by one Ancel Portnell; t ho;t SEd d Nee a.nd 8::>.1 d Por+.D::lJ
ps.y ren!' t 0 Tl~~Q City aB Tel1b.,Itts frcnl ~Ylonth to rr,omh. 'Ih,,;; pur-
o nase l' cv~rc~';; a t hat his riGht, ,~. 0 po B:i'\e 8 Hion () f t he 1an d ::; ov\;r':~ d
by t hi s 'l?;re:;;ment is t~1.1bj eet, tot he ~gTeem6nt8 with the sEdd
Pc;;"sha) Nee and Por't.ne 11 and t. h'e: purehE~8er i 8 to m'3,.kc~ hd)s QI:,vn
arra,ngement 6 wi th th(') Bed d. Pasha, l,lee ?.nd :?ortneJ.l, 2nd '.v1!,h
e ac h 0:: them, '/:1 -;; h r3ferancc to obtaininc pOBsesAion,and The
City is uncler no ooliE;i:.+;ion to io so nor to to.kG any rroeeeding:s
whatever a~8in8t the sai,i ?&~8 00.) lJee r:..nd. Por.~;ne11, nor E'.?:9.it.;,,1t
either of them, :,0 remov::~ t. heIr fron, Scd'. J~n~ or prexises. Fut
CXC;~l:t a8 oLherwise in thld paragraph provided the pl.lrar..aser
8h5.11 be ,~ntit13d to posc8s.,ion of ':he lan~l " . b ' "d
cerelI't'c', ove ~':::,.C:C10'J ,
b,-"i fen L,'" 111;-"1], 1 > l C ,1 ":[1<' '~on iire B
e~,rL, 1-.,J\J ool~i.,3e't, ' he rent 8 9..n,d pro-fit~) rher~:;Of/ :::"0 Inn>:.':;'"s h<:: 'U'"lk~~8
the: ps,ymcm::. s as hBr-3in provided and faithfulJy ob8:rvi:~s :\11 of
t h0 o~_, h,~; r terms, G ovenan t <3 3.Jl (1 ~ on,-:,i t 1 ons to b,': b:" :Lim o'bB:rv')d,
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l\p;reement . Page~
kepT, r\~)rformed, t h .. 1.'. h ' .'
r.:~no i.'l t . .~; t 1 [!, J Bon ( 11: 1.:. e {('.:tnn', r a 0 f.:';; r:, 1 n
prcviclcd.
In the event of t. he failure of t he pure h,:tser to {flake
e i t 1:::3 r of the pe.ym.:.nt 8, or the interest t hereon or 2.IlY p3,rt
the: reof , or to perform any of the covenants on his ;a.rt h3reby
made and entered into, then 1-ha whole of 8Bid f'~_yr"t':Y"t s ~m ':1
interest shC'~11 , at the elec~jon 0~ ~h~ .~; i "t:. ~T , ;.. ""'.r;. ,.-. + ., '" ..
1 ~-:~'~" < .. ...~l. ~"" :. ~ 1.')'r
.;..r due and rayable and this aP7reeme!1t IT:RV, ?,7. .l... 1---, ~ ortion of The
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City, be canceled and regarded as if never made by ii, ty
gi yj.IJ go t he pure haser 30 days notice, in writing, by registered
maiJ. at. hi':> 1<:':.,01, known address, of the intention of The Cii:y
to so canc,;;l and determine this agrC0IT,ent, setting forth in
e~lid notice the amount due hereunder z.nd the time &nd plaoe
when e.nd where payment can be made by t h'~ pl1rchs..ser, if such
pe,yment be not rr;&de as in such no'.106 specified.
I-t; j,d mutually under8too~1 9..nd s.gre,~d by the pe.rt1fJs heret.o
that 30 days 1s a reasonable and sufficient notice to be ~ivan
t tl';'; pU:.:.'r.hf.:.ser in Cfl.se of M,i: fe.ilure:-,Q p2rfo:=rn ;';;,ny of t.he;;
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~ovenants or make t.he payments, or any of them, ("l.B herein pro-
vided; s..nd hi E~ fal lure to comply wi t.h such notic.,;:; sh-'-".lJ b(c: a
eufficj.ent defi?ult on his part to canoel all oblig~tion8 of
(":Iha Ci vy hereunder and to fully reinvi;">st 'The Ci ty wi t h :tll
ri ght , titlo and interest hereby agreed by i~. i 0 be c: onvoyed,
tmd to take irnmedi~t~ pOAses;-;j.on of the J'1.nd ani premises
hereby agreed to be conveyed, with or without process of law,
&,nd to eject the purohaser and any other person or perGons
+:here:from; "Lnd in The event. of such c(.~.nc'elarion oft. hi s ?p;re-::mant
b y '1' he ,;;. t y it shall &180 have full ri Ght , tit 13 :),nd in t 13 r',~ et
in and to ~ny buildings, fonces ~~ othcir illiprCV8mentB placed
on sai d. 19,nd by the pure haser or by any person or per80nS hoJ c-inf;
01'11::::.1 mi ng by, th~ou~h Or under him; ant oc-.iJ feno C 8 an ot he: r
i mproverr,cnt s, if any, shall bi:~ the: p.Y.'op.:;rty of Th8 Ci ty and
shall be retained by The City together with all paYlli~nts mnde
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A ~ro"men ,. p.-;;r'" 4
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by the;) pur~hC:;.Eer und:r this '-".::rrecc:mHnt, SELi J i Yi",I",rOvcm:Clnt, 8 and
p2.y,'l:311 t::;, be in ,;, r2 ,"~:ar:,;~G(l ::In:1 ['Lgre d upon as reasonab12 rental
and compensation to The City for ths land h2reby agrosd to be
Bold and purchased" ,jurinG the tlr(le prior to de fa,ul i by the.:
purchaser, ani canc~lation of this agre3ment pur'" ua,n t t he re to,
whioh ths purc haser shall have been in POSd'~ C 5i en ofss..Li l'3.nd
a,nd premises and r8oeivL"(~ "'.n':l c"njoyiL<':h,,,; r;;nt ~:; , i ;,:;,th; to an'"
p1'of1 t " 'h')I'eofj i ';, being fUrt ho;:r agreed and understood that actua.l
l:\:i>:.:i.X^A.lil.~ iov.... an J. (tEUtle. e;'.;; to 'j Xl.... :,):i. ty :'~Ud ..,0 :k (l,";; t:'~ T ,..'~ ~:" :. l}~.:
v ,:~
purc b:Leer J i f any, hereun del', vl'ould. from .: he n8,i:"\Jra of:10 case be
impracti ble or extremely difficult ~;o fix.
'_: t.:; 'Joyenant of' Th.~ City hereunder to convey free of en-
cumbranoe shall not, extend to nor inolude anvd7bt-of-w'Q.,v for
"~.1 oJ
pipe line across or under the surf3.ce of iiHi i l~'.nd fo:.' - he con-
veyance of w&ter for t he use of : h0 munic-i pt.1:: y o':me d Bozeman
Gi G yj'v~ 1,,~rw orks, owned anli Of/0J:.'.....",;;..,l 1..Jy ':h....; .:::i ,,;Y', ",""a ,.. i I.. i,." i:.u.
in t an 1e cl to !,e Ie a 88 or convey, or 11: any W8..y bur:Lm or:moumber
b y ..~. hi;:; '7. f(re ,,;men t , or ~ny conv~yance made 911.1' ~;L.; :::.~, T 7 r':;r,~t 0, :lny
i;;.\LCch easement of riGht-of-way; ""+ .::;..ny zuo 11 eaaeI{lcnt of right-of-
~ u. u
Vie. y shaL' b0 and remain iI'. 'lhe City B.nd contnue to b'7 l1~'e dcmd
enjoysd by it . ThiS provision applies partiJu.le.rly ~ bUl not ex-
cJ1Jsively, to thG right-of-way and fi.l1 of -rhe incidents thereof,
as oonveyed to The City by ('>Borge Huff and Hele!t lIt'.ff by deed
dated February 10, 1917, and recorded in Book 56 of Deeds) Pa. p;e
101.? of t h'.,~ records in th8 office of"h2 county clerk ?nd recor'der
of G<:,~lle"tin County, ;.lon t s.na .
17', is fUT'!: r.er agr::: ';d and unde 1'8"- ood between c'he p2.rt i::' S
he re"~, 0 t ha,,~ time i 6 of t h~ e s 8.:~mc ';0 of ,- hi s 2.sr:~ment ~ the tims
of r't'..yment as pro'ri d..:;;0. fo:;' b<~r,:;in b,,;1r'(; ),"1 mllc~t as a pe~rt o~ ' h":
C onei deration for The City making the agreement ae the PI?yrnent
1 t s,~ 1 f ; and ': h~:.t the terms, CQVGnant 8 :'l.n'l comi! t.ions of thle
a i7r3 '::men:. shall eXTend to an(1 be btnc:Un,r UDon 'the 2"Lt'J 80:2. EJOl"fS J
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A P:l'~~~:..~ _P-,~g~2
heirs, '3xecut o1'i3, 8.dminii:;t.r>>.tol.'S and 2.Bi\i~rlb of the pe"rt i ,l 3
h;:;rcto.
lJpon re.::t:Jon":.b10 noticat b\t the pur~h[),ser iB ready, able
G" n d,',' i ;"1 j- no; to 0 lfl;l..l<.e payment in full of prinoipal 8.l1d interc8t
of ~ he:: pu 1'0 hs..se price as h~J 1'e in sti puJ e_ted, Tho> City "/ill
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provi d3 and deliver to ths ru1'0haser, '."/i t 'cOll coat :,0 him, an
a b ;:.,;, 1"3..0 t- o:? the record title to sai d pro pe rty, showing good and
. ,
~~'I ,~'; ,x" 0 ~i;:;......i.i, ~ C:\..O _L..'.'; , i. ';" ..l e irdC ot' ~::no l'mt 1'.:;,110:' exc ,:"; r ~~ ". o~" I::l .:,; r",'~.\':J. :.;8
s t; i pulcJ eri h'3 :eei n as t. 0 pi pe lin'3 1'1 eht-of -Wb,y, i:1 ~'he Ci t Y ,
and upon 61..1oh full payment convey t.o 1',h8 pure haser, by a good
and 8u:E'fioiunt deed of oonveYGnce, the lani and pr3ffiiscs hergin
above d,i3 sari bed.
I i '7P,f, SS WH':ROF 'The parties hereto he.v,;! hereun:: 0 set
t h2:i y: hands in duplioate, an 0:-1,2;1 nal 2-D d C oU.n t (, rpart , ,:; it he r
of .vh1ch n:ay be used and ref...;rr0c.l ~o as an orisinal for all
'flU rpo se 8, '.:;he purchaser in p~~r8on and 'The City by its City
M?n~; T and Cl':;rk of the Cil. y C' Qi:: illi s 'd. on .~. 113 r.~un t. 0 c1.uJy
:lui.:.torized by COj;;lflizaion R8Eolution Ho ~ ,J+94 of '1'he Ci~y of
Eoz3Kan ~dopted at an adjourned 1'egule.r Bession of s,:dd City
C m:Jrd. C 8 ion o~ '~r~~ ~~nd 1041
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I' Puro }-;~'.8e r
'; :I.:~"!I'T'y OF 'Rr;"'l":' i'I
.. u_. \. '. ..:1_ ,.. ^ J.,
/--1 <-~/
By /:t: ~
G /~--- . i.f-:_______._ _....~.__ ._...__ -
A,T 1';"'1 ~:~ Srr : Ci i Y !.L:mager
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Cler 0_ The City CommisAion.
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f. C IG! 01\' L1': D GE~j' i'TT
STf.,. 'i.1,~ or L.rOi:-.r("~'''\A.:'!A
86.
County of Gallatin
()n '0hi.3 J..J"~dey of Li"arch, 1941, befor~ me, .~ he 'tmder-
-''; ~T::"~ a no-~ ary""ubJ ir> i n a.n ci. f 0 :: -::: he 8;-, <:... · ~: of ;~ont:'..nE" per-
O,.l-.o .I,...U., t,:., i-' ~.....
sonaJ,ly aT)pep.red:. W. Synwnd8) kno\','n [. 0 In tC; t 0 00::,+- h: :;x; rson
::.:::- whose n~lrre i~- subscrtbed +0 the 'll.'1tni'1 "'_'i.':' fOI'2.7oin?,' inr;t.rurnent,
?,Ed 9.CknO'fll.9clged 1"0 me that h0 ,:;xccut od ihs: (~Evmt.: i
Also at the same t iIlle and place pe rsone.,lJ y appe2'.red
be f01:'e me Aug. H. lake and L. G. Shadoan) knov.rn tome perRon-
any ;,0 be +he Ciiy l.:anc:_t"er and Cl'~~rk of the Ci ty Conmiiseion,
r:.~ '" pee t. i Vf) 1y , of ft'hG City of Bozem::tn, ::on t ana, ::nd acknowledged
t. 0 me t. hL'LC t, he y , in their of:ficie.J c[>.paci 1-ic~8 as ,:'~fcr:!s;\'i:'l)
2: xeIJu:'. ~~;,j s~d din st rl;U'C1ent pu:re;_~3,nt to the:: a:t.lthority expri:;sr:ly
conferred UJ:on them in th::;.+ behc::.Jf by COffJ1-11if.:,uion He;)olution
no. 494 of 08,1c. Ci ty cf Boz~~man, 0.6 t h:: .:.cd, and deed of said
Th3 City of 130z ;"(,3.1'. and that tho said Tne Ci..v of Eoz,jl!:g,n 6uly
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executed the sa.me and caused its ~orporat3 seal to be::here1...mto
affixd.d..
In \,.ii ~:nl:l8S 1)i:hereof I her2'ur}\~o tk;t my bend a.nel Edfix rr-y
no -!~ F.t ri 9.1 s6a1 1) he d:::~y 8,nd yes.r ir. 't hi 8 O;Jl't i fie:it;J a.b()v~) ',vri t ,_ en.
~LiLIlL%_hm~._,~-
j\fot.ary PuOJ.lC for she ...-Ji"[',te of
, . . 'i -.-.
,..o:.'l.i'ana> Re 81':1 Lg e.T. L>OZ,oma,n J
>lont&.nt;.. ~,ly Commi ssion EXf-i :res
".- (' n "Q 1 04"
.:.\,I,Clr...r.J. (_..-) ~.....' .:.-..
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NOTICE OF ASSIGNMENT 'l'0 GELLER
TO:
The City ot Bozeman,
Bozeman, Montaa&.
..- Take notice that I, M~ray Nash, have this twenty-eighth
.....-. da.yot MarclJ., 1941, pu.re-h~:::ed trom T. W. ~1JiiUllol4Uao! BO<:;:')iJ.l~m
Montana all the right title and interest which he has 1n
that oerta1n contraot dated the twenty-fourth day of Mar~h
1941, between T'. W. SymmondlJ, a8 the purOhaAer and The Cttl
ot Bozeman, a munioipal oorpo~at1on of the State ot Montana
in Gallatin County, a8 the seller, perta.ining to oert,&ln
l",nde 81 tuate in r.ect'1ons tivel1nd six T3Sa6E 1.11 in Gallatin
Oounty, Montana.
kt?
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.~':.)~:.' :~~i,(.~'T '~r Purcha~;c ;_:;1(-~ '~:(2 ~ c-
of Real E3tate
;h3 Ci~.,r of LOZ2ifi!t~
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