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~ THIS INSTRUMENT cOMPiiEs WITH THE FEDERAL TRUTH IN lENDING LAW, EFFECTIVE JULY " 1969.

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STUDEBAKER LAND co.
CONTRACT FOR DEED AN OKLAHOMA CORPORATION

AND
I~. ALLYSOlt DISCLOSURE STATEMENT

l NUMBER

We, the undersigned buyers, wish to become property owners of the lot(s) described below (according to
the plat recorded In the Office of the County Clerk of Delaware County), upon the terms and conditions set forth
below and on the reverse side hereof.
We agree to pay the sums due In accordance with the payment plan (Cash Price or Monthly Payment) selected
below on the Truth In Lending Disclosure Statement. The first Installment due undër the Monthly Payment plan shall
be paid one month from the date hereof, and subsequent Installmerits shall be paid on the same day
DATE

ceeding month unti the sums due

without penalty.
hereunder are paid in full We may prepay any or all installmentsofat each
any time
suc-

LOT BLOCK SUBDIVISION

The lot(s) which we hereby
agree to purchase is located in Delaware County, State of Oklahoma, and is more
particularly described by reference to the latest amended recorded plat and as follows:

Finance Charge Includes only simple

interest on the declining bal- 1. Cash Price
ance at the "Annual Percentage Rate" shown the "Total Amount of $

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Payments" and "Deferred Payment Price" Includes this Interest. Pre-
payment may be made at any time and any unearned finance charge
will be refunded according to the "Sum of the Digits" method. In the
event buyer falls to make any required payment, then this contract
may be terminated by séllerand all prior payments may be retained
by seller in accordance with the conditions fully set forth on the re-
2. Cash Down Payment

3. Amount Financed
(1 minus 2)
4. Finance Charge
$

I
verse side h.ereof.
5. Total Payments $
(3 plus 4)
6. Deferred Payment Price $
(1 plus 4)
Yes No 7. ANNUAL PERCENTAGE
This property Is being bought for permanent residence
o 0 RATE %
Joint Tenants with Right of Survivorship
D 8. No. of Monthly Payments
SOLE OWNER
o 9. Monthly Payment Amt. $
TENANTS IN COMMON
o (Final Payment May Be Less)

10. Payment Due Dates: Of Each

NUMBER OF MONTHS PREPAID
Month Starting 19_
You have the option to void your contract or agrement by notice to the seller if you did not receive a
Property Report prepared pursuant to the Rules and Regulations of the Office of Interstate Land Sales Registra-
tion, U. S. Department of Housing and
Urban Development, in advance.of, or at the time of your signing the con-
tract or agreement. If you recived the Property Report less than
ment, you have the right to revoke the contract or agreement by48notice
hourstoprior
the to signing
seller unti the contract
midnight of or
theagree-
third
business day fOllowing the consummation of the transaction. A business day is any calendar day except Sunday,
or the following business holidays: New Years Day, Washington's Birthday, Memorial Day,lndependence Day, la-
bor Day, Veterans Day, Columbus Day, Thanksgiving and Christmas.
Buyer's attention is directed to the terms and conditions
Contract for Deed. on the reverse side hereof which are a part of this
PLEASE PRINT BUYERS NAMES (SHOW RELATIONSHIP)
BUYERS SIGNATURES (ALL SIGNATURES REQUIRED)
MR.
MRS.
MISS x
MR.
MRS.
MIS~ X
ADDRESS
PHONE (HOME) (BUS.)
CITY
STATE ZIP
BY
DATE

STATE OF OKLAHOMA The foregoing instrument was aCknowledged before me this _ day of
COUNTY OF DELAWARE SS.
19_.
My Commission expires:
Notary. Public

The Seller, Studebaker Land Co., an Oklahoma corporation, hereby accepts this Contract for Deed and here"
by agrees to sell the above-described.propery to the above-identified buyers on the terms and conditions set
forth herein.

The foregoing instrument was acknowledged before me by

STATE OF OKLAHOMA the Authorized Agent for STUDEBAKER LAND CO. on this_day of
COUNTY OF TULSA 55.
19_.
THE PRESIDENT OR VICE PRESIDENT OF STUDEBAKER LAND CO.,
AN OKLAHOMA CORPORATION ON BEHALF OF THE CORPO.RATION.

My Commission expires:
Notary Public.
 ADDITIONAL TERMS ,AND CONDITIONS FOR AGREEMENT
PLEASE READ CAREFULLY

Seller hereby agrees tosèll,andbuyer hereby agrees' to, purchase, the property described on the' reverSß :slde hereof, in ac-
cordance with the terms hereof, and seller will issue a General Warranty Deed to buyer upon paymeÌi 'In full of all sums
due in accordance with the conditions of sale set forth below, subject to taxes for the year of this contract and thereafter,
easements, restrictions, water and sewer agreements if applicable, assessments, and patent reservations of record.

1. Sixty days after Buyer shall have performed all of the terms and conditions of this contract, Including
full payment of all sums due hereunder, Seller agrees to issue a General Warranty Deed to Buyer excepting
all minerals, free and clear of any liens or encumbrances, and súbject to the

easements of record.
exceptions set forth above and

2. Buyer shall pay all taxes and special assessments becoming due after this date. During the term of this
Contract, or until delivery by Seller of a General Warranty Deed conveying title to said property to Buyer,
Seller may pay taxes On this property. for the account of the Buyer. Buyer agrees to reimburse Seller for such
taxes advanced upon 'receipt from Seller of a statement as to the amount due therefor.

i. All
lots will front on an existing or proposed street connecting
said property with a private, county, State
or Federal road system. Buyer shall be entitled to use and occupy the _ property so long as payments a're cur.
rent and the agreements and restrictive covenants arE complied with.

4. All credits, refunds, allowances, or adjustments are Issued

by sellers from their offices at Tulsa, Oklahoma,
and by authorized officers of the Corporation only.

.§ Buyer acknowledges that protective covenants have been placed upon the property restricting the use of
the land to commercial and residential sites. Copies of such protective covenants
are avaiiable at the Sellers
offices at Tulsa, Oklahoma and the office of the County Clerk of Deraware County,Oklahoma.
6. The Buyer hereby acknowledges that this contract Is not divisable and hereby agrees that should he fail
to make prompt payment of any of the sums provided under this contract on the date on which said sums
become due, and payable or should Buyer violate any of the other terms, covenants, provisions or conditions
of this contract, the contract shall, at the option of the Seller, be terminated and be of no ,further force or ef-
fect, and the Buyer shall have no further rights or claims to the land under this contract and the Seller may
Institute action of forceable entry and detainer to evict any person then In possession of the property
and retain all payments made by the Buyer under this contract in full and complete satisfaction of and as liquI-
dated damages sustained by the Seller. Termination for nonpayment shall be effected by the Seller giving writ-
ten notice of such termInation to the Buyer by certified mail at the address of the Buyer herein.

7, This contract contains all of the agreements of the parties and no warranty, covenant or condition not ex-
pressly set forth herein or o'n the reverse side hereof shall be bìndlngupon the parties.
This contract may
not be åltered except in writing signed by both parties hereto. No representative of the company is authorized
to make any representation not contained in the Property Report
or the Statement of Record on fie with
the Office of Interstate Land Sales Registration. This contract, and the rights and
Interests hereunder, may
not be transferred except on forms furnIshed by Seller, and no such transfer or assignment shall be accepted,
or become effective, unless all sums due under this contract to the, date of such assignment or transfer shall
have been paId; provided, that acceptance of such transfer or assignment
by Seller shall not relieve the Buy-
ers herein from their obligations hereunder. This contract shall be binding upon,
arid Inure to the benefit of,
Seller, Its Successors and assigns, and the Buyer(s), his. heirs, personal, representatives, and assigns. Wherever
required by context, the singular shall be deemed to Include the pluraL.