Last updated: 3/20/2007
Contract Of Exchange {8042}
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Description
<document>Form 8042 (3/00) -Contract of Exchange CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.THIS AGREEMENT, made thedayof BETWEENhereinafter described as the party of the first part, andCOURT COUNTY OF. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .:::::::Index No.Calendar No.hereinafter described as the party of the second part, andJUDICIAL SUBPOENAPlaintiff(s) -against-Defendant(s)WITNESSETH, as follows:The part of the first part, in consideration of One Dollar paid, the receipt of which is hereby acknowledged, and of the conveyance by the party of the second part hereinafter agreed to be made, hereby agrees to sell and convey to the party of the second part, at a valuation, for the purpose of this contract, ofDollars,ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in the. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .THE PEOPLE OF THE STATE OF NEW YORK TOGREETINGS:WE COMMAND YOU, that all business and excuses being laid aside, you and each of you attend before Court at the the Honorable,located at County ofo'clock in the day of, on the, 20, at or adjourned date, to testify and give evidence as a witness in this action on the part of thenoon, and at any recessed in roomYour failure to comply with this subpoena is punishable as a contempt of court and will make you liable to the party on whose behalf this subpoena was issued for a maximum penalty of $50 and all damages sustained as a result of your failure to comply., one of the Justices of theCourt in Witness, Honorableday of, 20 County,(Attorney must sign above and type name below)Said premises are to be sold and conveyed subject to the following:Attorney(s) forOffice and P.O. AddressTelephone No.: Facsimile No.: E-Mail Address:Mobile Tel. No.:American LegalNet, Inc. www.USCourtForms.comThe party of the second part, in consideration of One Dollar paid, the receipt of which is hereby acknowledged, and of the conveyance by the party of the first part hereinbefore agreed to be made, hereby agrees to sell and convey to the party of the first part, at a valuation, for the purpose of this contract, ofDollars,ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in theCOURT COUNTY OF. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .:::::::Index No.Calendar No.JUDICIAL SUBPOENAPlaintiff(s) -against-Defendant(s). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .THE PEOPLE OF THE STATE OF NEW YORK TOSaid premises are to be sold and conveyed subject to the following:GREETINGS:WE COMMAND YOU, that all business and excuses being laid aside, you and each of you attend before Court at the the Honorable,located at County ofo'clock in the day of, on the, 20, at or adjourned date, to testify and give evidence as a witness in this action on the part of thenoon, and at any recessed in roomYour failure to comply with this subpoena is punishable as a contempt of court and will make you liable to the party on whose behalf this subpoena was issued for a maximum penalty of $50 and all damages sustained as a result of your failure to comply.The difference between the values of the respective premises, over the above encumbrances, shall be deemed, for the purpose of this contract, to be, one of the Justices of theCourt in Witness, Honorableday of, 20 County,Dollars,and that sum shall be due and payable by the party of thepart as follows:(Attorney must sign above and type name below)Dollars,on the signing of this contract, by check subject to collection, the receipt of which is hereby acknowledged;Dollars,by the purchaser or assigns executing acknowledging and delivering to the party of thepart a bondAttorney(s) foror note in that amount, satisfactory to the party of thepart, secured by a purchase moneymortgage covering the above described premises agreed to be conveyed by the party of thepart, payableOffice and P.O. Addresstogether with interest at the rate ofper cent per annum pabableTelephone No.: Facsimile No.: E-Mail Address:Mobile Tel. No.:American LegalNet, Inc. www.USCourtForms.comThe sale of each party includes all right, title and interest, if any, of the seller in and to any land lying in the bed of any street, road or avenue opened or proposed, in front of or adjoining the premises to be conveyed to the center line thereof, and all right, title and interest of the seller in and to any award made or to be made in lieu thereof and in and to any unpaid award for damage to said premises by reason of change of grade of any street; and each party will execute and deliver to the other, on closing of title, or thereafter, on demand, all proper instruments for the conveyance of such title and the assignment and collection of any such award.Any bond or note and mortgage to be given hereunder shall be drawn on the standard forms of New York Board of Title Underwriters for mortgages of like lien; and shall be drawn by the attorney for the mortgagee thereof at the expense of the mortgagor thereof, who shall also pay the mortgage recording tax and recording fees and pay for and affix to such instruments and any all revenue stamps that may be necessary.Said premises of each party are sold and are to be conveyed also subject to:1. Zoning regulations and ordinance of the city, town or village in which the premises lie which are not violated by existing structures.2. Consents by the seller or any former owner of premises for the erection of any structure or structures on, under or above any street or streets on which said premises may abut.3. Encroachments of stoops, areas, cellar steps, trim and cornices, if any, upon any street or highway. If there by a mortgage on the premises the seller of the premises so affected agrees to deliver to the purchaser thereof at the time of delivery of the deed or proper certificate executed and acknowledged by the holder of such mortgage and in form for recording, certifying as to the amount of the unpaid principal and interest thereon, date of maturity thereof and rate of interest thereon, and such seller shall pay the fees for recording such certificate.COURT COUNTY OF. . . . . . . . . . . .