HomeMy WebLinkAboutX2023-013-080Dated first June, 1929
Davit! Corbett, cL s'
to
Thoma's E— Den-COI'l, Ot al
ARTICLE6 ()Y AGREEIl.:,II'4T
ARTZCL S CF AGRrT11FIKi' dated the first day of
June, 1929.
B L T WEEN..
.uxnD col-B,LTT of the Village of
Fairport in the Township of i'ickeriri;,,
foriiierly of the City of Toronto, City
F i r efsan, nci A17A CO ItBE'.rT his wife,
hereinafter called "The Vendors"
OFTIf3.' FIRST 1'AR`1'
ana
THO11-AS 'Lff-JARD D3,ACLi and 3.70MIAId
D COIF, both o the said C;i�f
Toron o, hereinafter c-?lled
"The Purchasers"
OF TIi' SBC(Ij-D PART
WITNESSETIT that the Vendors sell to the
purchasers and the Purchasers 13uy from the V endo rs All a rid
,inL;zzl.aa
r that ce:rtaira 1�arcel or tract of land situate lying
and bein6 in the 2owriship of 1=ickering in the County of
Ontario, beizir composed of .:7ra:,c►.s O lots nu;;bers twenty-three
and twenty-four in the broken front of the said Township of
---- Pickering described as follows: CO�� GING at a point on
the westerly lis;it of n travelled road which is a
eozitinuntion of front :street shown on re(istered plan nurilber
65 for the village of Fairport the said point being at the
intersection of a fence line where the said travelled road
intersects the north limit of a. right of way hereinafter
described; `TIi1, CF NOI?THlPiLY along; the e; ictiri,:; fence line on
the viest side of the said tra yelled road, twenty-five feet;
THENCE WESTIMY parallel to the north limit of said right of
way, one hundred and five feet; .0jjEj CT' SOUTIUMN parallel
to the west lirlit of the -qid tr?vell-ed road, twenty-five feat
to a point in the north limit of said right of Spay distant
onE: hundi-ed anil five feet f rora the place of beginni.n4;;
THLIXE EA. TI-BLY alone- the north limit of said right of way
one hundred and five feet to the place of beginning.
TOG xHLR rl`i'H a right Ivay i z comion ti7ith the sr3id Vendors
triirty-three feet iriorc: or less wide described ns follows:
CO .. iadCl : at the south east angle of the lands herein-
rec;s
_,� before described; thence southerly severity four def
-2-
west along the southerly limit of the lande above
described rya-,d continuing thence in a straight line five
ch-,.ins more or less to Lhe ;.;;,:tors cf Lh(� Bay, thence
southerly alonL-; the vr•-ters edge Lhirty t" r e feet, Whence
easterly in n straight line to a point in the o-resterly """t
of said street uir;talzt thirty three feet .southerly from
the point of com::enc event of the € —id roadway, thence
jostheriy along; the said westerly limit of said street
thirty t1tree feet to the place of beginning. TOGEThL=R WITH
the rij ht in corns,ion with the said Vendors and their
a ssi ns to the use of the well and pump situp ted ne-ir
the aeotern extremity of the lands iie- einbefore described
Together with the right of access to the viell qnd
pump by the newest dista.ncef rom the lands her,--�by sold
to the purchasers at or for the price or sum of FIV-
HWjDRIrW jOLLAIB payable as follows: one hundred Dollars
can the execution of these presents and the balance in
equal con: ,eeutive half yearly in trilments of 50,00 each
payable on the first day of jecei,iber, 19290 ind on the
first d> ye of June and December in the years 193U, 1931
and 1932 and the balance on the first day of June, 19339
with interest on all unp!-yid bal-ince at the rate of six
i-)er cent per annum payable half yearl-y a_lont with the eaid
inotalroents of principal fitr� the privilege to the
purchasers to increase aav of the =,aid paymez-As of
�, _aciT)nl by any amowit and :with the right to pay o?' the
,:hole of the said.- -,urc', ise ..)oney at aIAY time before
maturity without notice or bonus.
.the purchasers accept the title of t''l e vendors
and the pure:ra,sers cov ,ar.nt with the ve:uiere 3.nd each of
the.-; that the i-)urchaserc will P%r t'ran s-°id purchase honey
:i.nd interest as above set out and Will also pay all
municipal rates and taxes proportioned fro:.; and after the
<iate heref—
The vendors coveliallt vaith the purchasers that
on payment of the said purchase money rind interest and
-3-
on completion and f ulfilirient of this szgremlent the
vendors will execute the usual deed of conveyance 6f the
s^id 1-rods and preinioes to the purchasers free froisi --311
dower and encutibre�.;C(;s.
Provided - i,-it ti .,e shall be of the essence of
this ggreement and if at Rny tide the purchasers shRlT be
in def'aalt for one calehder month the Vendor nay Qfter
one caleader mouths notice in -,Iriti,i cancel this
aj ree+,ent and forfeit ral monies aid thereon as
liquidated dawnGes and thereupon this agreafient shall be
terminated. The said no Lice may be ;_,iven to any grown
up p rson on the said premises if occupied or by poctirk;
the sni.-ie on Lhe ca.id prer:iisee if unoc(--tr)ied lad such
notice ,mill. be good and effectual notice to the purchasers.
The statuta,ry :)eelaration of the Vendors as to (ioS,- ult
and notice chill be sufficient proof of the s-ime =ind no
subsequent purchaser shall require any further evidence of
the same.
Provided that all the terms, provisoes,
covenant: inch c;onditionr; of this -ifrreehjient shall. exte:1d to
and be bindir,.g upon the executors, administrators and
assigns of the vendor and of the nurchasere.
13 the parties }:Lento have
hereunto set their Im ads and seals. 0411-�a
ealed and Delivered
In the presence of �
t`
e, Trkoma s Edward Deacon hind Norman Deaoon the within
np med purchasers 1,ereoy agree to the eanoellation of the
wit -in agreement of 8,-le - ra purchase and we do hereby
and e;, c z of us loth ;r<.rit , release and quit claim unto
David Corbett and Ad,-. Corbett t17e within named Vendors
all our right, title and interest in to or out of the
within agreement and tae lands and _;remises ttlerein
described. To Have and to hold unto the sr.Ad David
Corbett Pnd Ada Corbett their heirs and assigns
a-bsolutley free and released from the within agreement.,
"`itness ou-1- i��xnds and seals the day of
Septener,
Signed, Se -.led "IDelivered
In the presence of ) 2A
'4
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