53-68 Sell property at 14615 Detroit Ave

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-2- Page 23 of Cuyahoga County Map Records; said beginning point is distant East along the South line of Detroit Avenue 170.70 feet from a point in the center line of St. Charles Avenue which is 43o18 feet South along said center line from the center line of Detroit Avenue. Thence South along the Westerly line of Sublot Noo 1 in said Allotment so recorded as aforesaid, and along the extension Southerly of said Westerly line about 129.39 feet, but to its intersection with the extension Westerly of the Northerly line Of said Sublot No. 5 in said Belle Avenue Allotment. Thence Westerly on the extension of the Northerly line of said Sublot No. 5 about 85 feet to the Easterly line of land formerly owned by Sophia S. Schlather by deed re- corded in Volume 4085, Page 389 of Cuyahoga County Deed Records. Thence Northerly along said Easterly line of land conveyed to Schlather as aforesaid, about 121.78 feet to the South line of Detroit Avenue. Thence Easterly along the South line of Detroit 'Avenue about 85°60 feet to the place of beginning, be the same more or less, but subject to all legal highways. The VENDEE agrees to pay for said property the sum of Fifty- Eight Thousand Dollars ($58,000o00)~ payable as follows: The VENDOR acknowledges receipt of a certified check in the sum of One Thousand Dollars ($1,000o00) deposited by VENDEE . with its proposal to pUrchase~ which sum shall be applied to the purchase price. The balance of the purchase price shall be deposited by the VENDEE with the escrow agent, Land Title Guarantee and Trust Company, 1275 Ontari© Avenue, Cleveland, Ohio, on or before .. L_~ 1968o The VENDOR agrees to convey said premises to the VENDEE by good and sufficient warranty deed Warranting the same free from all encumbrances whatsoever except zoning ordinances, conditions andrestrictions of record, easements and reservations, if any, and taxes and/or assessments for the first half of 1968 and thereafter. The VENDOR agrees to furnish a guarantee of title procured from Land Title Guarantee and Trust Company guaranteeing in the amount of the purchase price, that the record title is such as warranted in said deed° The VENDOR agrees to deliver possession of said premises to the VENDEE as of the date of the filing of the Deed for record. The deed, funds, mortgage, if any, and all other documents necessary to complete this transaction shall be deposited with Land Title Guarantee and Trust Company, as escrow agent, on or before 1968, and said escrow agent is instructed to'complete'~'this transaction as soon as all necessars' documents and funds are deposited and the escrow agent may attach its usual conditions of acceptance of escrow hereto. Each party will pay one-half of the escrow fee. VENDEE to pay the cost of recording deed.