Purchase Price For The Property

1480 WordsJun 26, 20156 Pages
THIS AGREEMENT, made this day ________of______, 2015, by and between CRYSTAL MILLER, single, parties of the first part, hereinafter called the "SELLER", and RIGOBERTO RAMOS VELASCO, single and TERESA VELASCO JUAREZ, single, parties of the second part, hereinafter called the "BUYERS," WITNESSETH That in consideration of the mutual covenants contained herein, the parties hereby agrees as follows: 1. BUYERS agrees to purchase and SELLER agrees to sell the following described property, to wit: 2013 Clayton S/W Blazer Mobile Home, Model No. 22BSP16643AH13, Serial No. CLM094463TN, located at 3521 Northwood Trailer Park, Harrisonburg, Rockingham County, Virginia Address: 3521 Northwood Trailer Park Harrisonburg, Virginia 22802 2. The purchase price for the property shall be THIRTY SIX THOUSAND AND NO/100 DOLLARS ($36,000.00), payable as follows: (a) The sum of FOUR THOUSAND AND NO/100 DOLLARS ($4,000.00) as a down payment shall be paid on the execution of this Contract and the receipt of such sum is hereby acknowledged by SELLER. (b) The balance of the purchase price, to wit: THIRTY TWO THOUSAND AND 00/100 DOLLARS ($32,000.00), payable to the order of CRYSTAL MILLER at 2405 Friedens Church Road, Mount Crawford, Virginia, 22841 or at such other place as may be directed in writing by CRYSTAL MILLER. This loan will not accrue interest. The unpaid principal balance, being payable in 50 consecutive monthly installments of SIX HUNDRED FORTY-FIVE AND NO/100 DOLLARS ($645.00), being
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