CONTRACT OF SALE
THIS CONTRACT, made and entered into this day of _________, 20__ by and
between, MC DEVELOPMENT COMPANY, a Missouri Limited Liability Company, of the County
of St. Francois, State of Missouri, hereinafter
to as "SELLER"; and
__________________________________________, hereinafter referred to in the singular as
W I T N E S S E T H:
Agreement to Sell and Buy, and Description of Property.
The Seller agrees
to sell and the Buyer agrees to buy, upon the terms and conditions herein set out, the certain real
estate located in St. Francois County, Missouri and legally described as follows: ________________
Price and Method of Payment. The total price to be paid by Buyer to Seller
therefore is _______________________ Dollars ($_____________), payable to Seller as follows:
The sum of ___________________ Dollars ($______________) shall
be paid as earnest money upon execution of this Contract; and
payable in full at Closing.
Deed and Title to be Conveyed. At closing, Seller shall convey by General
Warranty Deed a title good in fact and marketable of record, free and clear of all interests, liens and
encumbrances, except as stated herein and those restrictions and encumbrances recorded in the St.
Francois County Land Records.
Exceptions. The property shall be conveyed subject to any easements, restrictions or
reservations of record.
Title Insurance. Buyer may, at his option, within ten (10) days after execution of
this contract order a title insurance policy in the amount of ____________________ Dollars
($_____________) naming Buyer as the insured, written by a title insurance company licensed to do
business in the State of Missouri, and which policy shall insure the owner’s tit