MEMORANDUM
OF
REAL ESTATE CONTRACT
TO WHOM IT MAY CONCERN
NOTICE IS HEREBY GIVEN that a Real Estate Contract has been entered into by and
between Xxxxxxx X. Xxxxxxx and Xxxx X. Xxxxxxx, Sellers, and A. Xxxxx Xxxx,
Xxxxx Xxxx-Xxxxx, Xxxxxxx x. Xxxxxxxxx and United Federal Savings Bank of Iowa,
as Buyers, dated the 1st day of November, 1985, pertaining to the conveyance of
the real property (including land, improvements and leasehold interests)
described on Exhibit "A", attached hereto and by this reference made a part
hereof.
YOU ARE FURTHER NOTIFIED, that said Real Estate Contract provides for the
purchase of the said real estate upon an installment basis with final payment
and the assumption of certain mortgages on ore before January 2, 1986, and
delivery of a Warranty Deed to Buyers.
YOU ARE FURTHER NOTIFIED, that said Real Estate Contract contains forfeiture
provisions under Chapter 656 of the Code of Iowa.
YOU ARE FURTHER NOTIFIED, that said Real Estate Contract provides for possession
to be granted by Sellers to Buyers on the 1st day of November, 1985, subject to
the terms of said Real Estate Contract.
YOU ARE FURTHER NOTIFIED, that said Real Estate Contract provides that no
mechanic's liens may attach to said property and that said Buyers have no right
to take any action which would cause such a mechanic's lien to so attach.
YOU ARE FURTHER NOTIFIED, that all provisions of said Real Estate Contract, are
by this reference, incorporated herein and made a part thereof.
Dated this 1st day of November, 1985.
/s/ Xxxx X. Xxxxxxx
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Xxxxxxx X. Xxxxxxx, Seller Xxxx X. Xxxxxxx, Seller
/s/ Xxxxx X. Xxxxxxx /s/ Xxxx Xxx Xxxxxxx
------------------------------ --------------------------------------------
Xxxxx X. Xxxxxxx, Spouse Xxxx Xxx Xxxxxxx, Spouse
/s/ A. Xxxxx Xxxx /s/ Xxxxx Xxxx-Xxxxx
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A. Xxxxx Xxxx, Buyer Xxxxx Xxxx-Xxxxx, Buyer
/s/ Xxxxxxx X. Xxxxxxxxx UNITED FEDERAL SAVINGS BANK
------------------------------ OF IOWA, Buyer
Xxxxxxx X. Xxxxxxxxx, Buyer
By:
Its,
By:
Its:
STATE OF IOWA )
) SS:
COUNTY OF POLK )
On this 1st day of November, 1985, before me, the undersigned, a Notary Public
in and for the State of Iowa and County of Polk, personally appeared A. Xxxxx
Xxxx, Xxxxx Xxxx-Xxxxx and Xxxxxxx X. Xxxxxxxxx to me known to be the identical
persons named in and who executed the within and foregoing instrument and
acknowledged that they executed the same as their voluntary act and deed:
/s/ Xxxxxxxx X. Ireland
--------------------------------------------
Notary in and for the State of Iowa
and County of Polk
STATE OF IOWA )
) SS:
COUNTY OF POLK )
On this 1st day of November, 1985, before me, the undersigned, a Notary Public
in and for the State of Iowa and County of Polk, personally appeared Xxxxxxx X.
Xxxxxxx and Xxxxx X. Xxxxxxx, husband and wife, Xxxx X. Xxxxxxx and Xxxx Xxx
Xxxxxxx, husband and wife, to me known to be the identical persons named in and
who executed the within and foregoing instrument and acknowledged that they
executed the same as their voluntary act and deed.
/s/ Xxxxxxxx X. Ireland
--------------------------------------------
Notary in and for the State of Iowa
and County of Polk
STATE OF IOWA )
) SS:
COUNTY OF POLK )
On this 1st day of November, 1985, before me, the undersigned, a Notary Public
in and for the State of Iowa and County of Polk, personally appeared Xxxxxx X.
Xxxx and Xxxx Xxxxxxxx to me known, who, being duly sworn, did say that they are
the President/CEO and the Executive Vice Pres./Secretary, respectively, of
United Federal Savings Bank of Iowa; that (that the seal affixed hereto is the
seal of United Federal Savings Bank of Iowa); that the foregoing instrument was
signed (and sealed) on behalf of United Federal Savings Bank of Iowa by
authority of its Board of Directors and that Xxxxxx X. Xxxx and Xxxx Xxxxxxxx as
such officers, acknowledged the execution of said instrument to be the voluntary
act and deed of United Federal Savings Bank of Iowa, by it and by them
voluntarily executed.
/s/ Xxxxxxx X. Xxxxxxxx
--------------------------------------------
Notary in and for the State of Iowa
and County of Polk
EXHIBIT "A"
All buildings and improvements to Lot Sixteen (16) and Lot Seventeen (17) in
WESTOWN PARK, an Auditor's Plat, now included in and forming a part of the City
of West Des Moines, Iowa; and
All interests of the Sellers in and to certain leases pertaining to the above
described real property, which leases are more fully identified in the Real
Estate Contract and all interests of the Sellers in and to said Lot Sixteen (16)
and Lot Seventeen (17) in WESTOWN PARK, an Auditor's Plat, now included in and
forming a part of the City of West Des Moines, Iowa, arising from said leases.
