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HomeMy WebLinkAboutResolution #3298~ ~. ' ,. RESOLUTION NO. 3298 A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE CITY OF CANTON AND RAY JACKSON AND DIRECTING THE MAYOR AND CITY CLERK TO EXECUTE AND DELIVER SAID AGREEMENT ON BEHALF OF THE CITY OF CANTON, ILLINOIS. WHEREAS, the City of Canton, Illinois has entered into negotiations with Ray Jackson for the sale of 2,174 acres in the City's Enterprise Industrial District; and, WHEREAS, the City Council of the City of Canton, Illinois has reviewed the terms of the proposed agreement, a copy of which is hereto attached and made a part hereof as Exhibit "A"; and, WHEREAS, the City Council of the City of Canton has determined that it is desirable and in the best interest of the City of Canton to enter into said agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CANTON, Fulton County, Illinois as follows: 1. That the agreement between the City of Canton and Ray Jackson, which is attached hereto and made hereof as Exhibit "A", is hereby approved, said Agreement to be subject to and effective pursuant to the terms and conditions set forth therein. '~ 2. That the Mayor and City Clerk are hereby authorized and directed to execute and deliver said agreement on behalf of the City of Canton, Illinois. 3. That this Resolution shall be in full force and effect immediately upon its passage by the City Council of the City of Canton, Illinois. PASSED by the City Council of the City of Canton, Fulton County, Illinois at a regular meeting this 21st day of November , 1995 upon a roll call vote as follows: AYES: Aldermen Hartford, Sarff, Phillips, Bohlen, Meade, Shores, May. NAYS: None. ABSENT: Alderman Molleck. APPROVED: t ~f Dona d Edwar s, Mayor ATTEST: 4f n y ~ s, ty er .. ~.~~' . AGREEMENT FOR SALE OF REAL ESTATE ARTICLES OF AGREEMENT, made as of this ~ day of ~j~ 1995 between the City of Canton, an Illinois municipal corporation, hereinafter called "Seller", and Ray Jackson, hereinafter called "Buyer" witnesseth, that, if the Buyer shall first make the payments and perform the covenants hereinafter mentioned on its part to be made and performed, the Seller hereby covenants and agrees to convey merchantable title to the Buyer by a good and sufficient Municipal Corporate Deed, the lot, pieces, or parcel of ground, situated in the City. of Canton, County of Fulton and State of Illinois, described as follows, to-wit: Lot Number Ten (10) of the Enterprise Industrial District pursuant to the Subdivision Plat thereof filed in the Fulton County (Illinois) Recorder's Office on October 26, 1984 as Instrument Number 84-8960, containing 2.174 acres, more or less, subject to all present and future easements of record and, further, subject to all restrictive covenants and/or land use controls which Seller, or, Seller's successors and assigns may place on said lot, all of the foregoing real property being situated in the City of Canton, County of Fulton and State of Illinois. The Buyer hereby covenants and agrees to pay to the Seller at the office of the City Clerk, City Building, 210 East Chestnut Street, Canton, Illinois 61520 the sum of Ten Thousand Eight Hundred Seventy Dollars ($10,870.00) in the following manner: The sum of $2,174.00 upon execution and delivery hereof, and, payments of $2,174.00 each on or before the first, second, third, and fourth anniversary date of this agreement. 1 T Possession to be given upon execution and delivery hereof. A commitment for title insurance policy in owner of record at date of conveyance shall be furnished by Seller for examination by Buyer not less than thirty (30) days before the last scheduled payment. Both Seller and Buyer agree that the subject property is part of the Enterprise Industrial District being developed by Seller. Buyer agrees to use the above described real property only in conformity with City of Canton Zoning Ordinance (now codified as Title 10, Chapter 1 through 20, inclusive, of the Canton Municipal Code) as the same is now promulgated and as the same may hereafter be amended. Buyer agrees to use the above described real property in conformity with all applicable rules or regulations of the State of Illinois environmental Protection Agency, of the Federal Environmental Protection Agency, and of the Federal Aviation Administration (with respect to the height and placement of improvements on the subject real property, as well as other associated matters). Buyer recognizes that Seller is now in the process of developing restrictive covenants and other land use controls to be hereafter applied to the Enterprise Industrial District, of which the above described real property is a part. Buyer hereby irrevocably agrees that he shall take title to the above described real property subject to any and all such restrictive covenants or land use controls to be hereafter developed by the City of Canton. 2 .• - Still, further, both Seller and Buyer agree that part of the mutual inducements forming a part of this Agreement is the creation and retention of jobs in the Enterprise Industrial District. Accordingly, Seller and Buyer both hereby agree that gross sales price set forth on Page 1 of this Agreement shall be modified as follows: A sum equal to $217.40 multiplied by the number of permanent jobs created by Buyer one year from the date hereof shall be deducted from the aforesaid gross sale price. For purposes of this paragraph, a "permanent job" shall be any job created by the Buyer and reported to the State of Illinois by Buyer for State Income Tax purposes on the first anniversary of this Agreement which is then permanently filled. The number of such permanent jobs shall be certified to the Canton City Council by the City of Canton's Community Development Director and Buyer hereby irrevocably agrees to abide by the number of permanent jobs so certified. Buyer agrees to make its books and records available to the City of Canton, its officers and employees for purposes of such certification. Such modification shall be made by Seller within sixty (60) days after the first anniversary of this Agreement. Seller shall, within such period, reimburse to Buyer that portion, if any, of the gross sales price, computed as aforesaid, without interest, within said sixty (60) day period. Notice shall be given to any party hereto by United States mail, certified mail, return receipt requested, and directed to the following addresses: To Seller: City Clerk City Building 210 East Chestnut Street Canton, Illinois 61520 3 Any notice given to the Seller shall include an informational copy, mailed as aforesaid, and addressed to the attention of the City Attorney at the above stated address. To Buyer: Ray Jackson 8 Opportunity Lane Canton, Illinois 61520 OTHER TERMS AND CONDITIONS: Notwithstanding the provisions of this Agreement found at Page 1 hereof, the gross sales price set forth at Page 1 of this Agreement shall not be modified so as to fall below a modified gross sales price of $4,348.00. Both Seller and Buyer covenant and agree that the covenants, terms and conditions of this Agreement shall survive the closing herein contemplated and shall continue to be binding upon each of said parties. Both Seller and Buyer irrevocably covenant and agree that part of the mutual consideration supporting this Agreement is the Buyer's agreement to create existing jobs in the Enterprise Industrial District or Buyer's agreement to create new jobs in the Enterprise Industrial District. In the event that the Buyer has not created or retained those permanent jobs represented by Buyer to Seller to be created then Seller may, in its sole and exclusive option, declare this agreement a nullity and enter upon and retake possession of the aforesaid premises without notice to Buyer and without process of law. 4 r .~ ~ Buyer shall from the date hereof and during the pendency of this agreement pay all general real estate taxes on the above described premises and pay all special assessments thereon, if any, saving Seller whole and harmless therefrom. IN WITNESS WHEREOF, Seller and Buyer have executed duplicate originals of this Agreement for Sale of Real Estate as of the date first above-mentioned. BUYER: Ray Jackson BY: Ray ackson SELLER: City of Canton, an Illinois municipal;,earporation, B Y : /r + ~~ It Mayor DATE : ~~~ ~--' ADDRESS: 8 Opportunity Lane Canton, Illinois 61520 PHONE: .(309) 647-7001 DATE : "r~p-uern~ o~ ~ ~ I q ADDRESS: 210 East Chestnut Street Canton, Illinois 61520 PHONE: (309) 647-0065/0020 ATTEST: City C rk (CORPORATE SEAL) 5 --~--~ ~ QUIT-CLAIM DEED THIS INDENTURE WITNESSETH , That the Grantor, CITY of CANTON, an Illinois municipal corporation, duly organized and existing under and by virtue of the laws of the State of Illinois and duly authorized to transact business in the State where the following described real estate is located, for and in consideration of One Dollar and other good and valuable considerations, the receipt of which is hereby acknowledged, and pursuant to authority given by the Canton City Council CONVEYS and QUIT CLAIMS to: FULTON COUNTY RENTALS, INC., an Illinois corporation whose mailing address is 10 Opportunity Lane, Canton, Illinois the following described real estate to-wit: Lot Number Ten of the Enterprise Industrial District pursuant to the Subdivision Plat thereof filed in the Fulton County (Illinois) Recorder's Office on October 26, 1984, as Instrument Number 84-8960, all being situated in the City ~f Canton, County of Fulton and State of Illinois. IN WITNESS WHEREOF, said Grantor has caused its corporate seal to be hereto affixed, and has caused its name to be signed to these presents by its Mayor and attested by its City Clerk, this la"j` day of April, 1996 CITY OF CANTON, an Illinois muncipal corporation, k Donald E. Edwards, Mayor. Attest z C~~ ~iLl'~~ ~j~, Nancy hites, City Clerk. i~ `~ i STATE OF ILLINOIS, ) ss. COUNTY OF FULTON. ) I, the undersigned, a Notary Public, in and for said County, in the State aforesaid, do hereby certify that Donald E. Edwazds, personally known to me to be the Mayor of the corporation who is the grantor, and Nancy Whites, personally known to me to be the City Clerk of said corporation, and personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that as such Mayor and City Clerk they signed and delivered the said instrument as Mayor and City Clerk of said corporation, and caused the corporate seal of said corporation to be affixed thereto, pursuant to authority, given by the Canton City Council, as their free and voluntary act, and as the free and voluntary act and deed of said municipal corporation, for the uses and purposes therein set forxh . ~~ "OFFICIAL SEAL" x >, Susan B. Henseler >~ ' j~ Notary Public, State of Illinois ;~ Notary Public. >s My Commission Expires 03/Ofi/99 , 7171771171J717717177777177777JJ177}J This Document Prepazed by and Return to: James J. Elson, Chartered, City Attorney, 1522 E. Ash Street, Canton, IL 61520 PH: (309) 647-6622 • LAW OFFICES JAMES J, ELSON CHARTERED STATEMENT '" 1522 EAST ASH STREET CANTON, ILLINOIS 61520-1509 (309) 647-6622 TAX I.D. #37-1032929 ~ ~ 6 '~+ Raymond & Margaret Jackson G tlational Bank of Canton April 2, 1996 ~ JJEJR:cb 100 W. Elm St. ~ "City of Canton" Canton, IL 61520 _ ~~92004 I J RE: Lot 10 Purchase Professional Services ?2endered: Mortgagee Policy Issuance Costs: Title Premium Total $60.00 75.00 $135.00 ~G / ~^ / ~?~~ ,..~~jr V a G, ~~:, ~~ O " - T~ Rn.rower I ~ ~ `~ ~~ . 30 I 603. Cash ~ To n Prom Seller I ?i , O ~ 7 , ~ v 03. C,~c, FIMAi1iCE SCHEDULE- DO NOT complete this schedule if FINANCE QUESTIONS 1 through 5 on Page 1 are all answered "No': I TE RM IV V Vl II III Amount of Amortization Term To Interest Type of Points Paid by SELLER' Principal ' Penod Balloon or Rate Interest To Obtain Financing s) (i (Years Re i i Renegotiation (°R,) Rate DO NOT SHOW POINTS PAID BY BUYER' ma n ng) rs °A is A. XXXXXXXXX XXXXXXXX XXXXXXXX XXXXXXX XXXXX XXXXXX XXXXXXXXX B. XXXXXXXXX XXXXXXXX XXXXXXXX XXXXXXX XXXXX XXXXXX XXXXXXXXX G XXXXXX XXXXXXXXX r D s ~ E. A F. ~ G. ~ H. L i r J. Use this space to explain replies in Finance Schedule if necessary and to explain any characteristics of the financing of this transaction that may have impaled the sale price. BUYER*: I hereby declare the Finance Schedule on Pages 2 and 3 of this declaration to be true and corral. (NOTE: Any person who will/ally la/sifies or omits any inform~- fion n9quired in this declaration shall be guilty of a Class B Misdemeanor.) Buyer or Name of person filling out the Finance Schedule for the buyer: Please Print Signature Address Telephone ( ) - (1/ Kra prefer the Department contact the lending instdutan i/ further financing in/ormation is required, also provide the institution's nsn% address, and telephone number bebw.) ( ) Name of Lendm Institution Address Telephone BUYER* & SELLER*: The buyer' and seller' hereby decare the full actual coraideration and above facts contained in this decbretlon (errdtrding the Finance Schedub) to be true and oorred. M this transaction ervolves arty real estate bated in Cook the selbr• a his agent hereby oerfifiee that to the best of ha knowledge, and the buyer' a ha agent hereby certifies that the name of the buyer' shown an the deed a assi nment of lxineficbl mEersst in a land trust is ith t l Ilfi ti f i . g er a na e ura person,,an noa corpora on a ore gn corporation authorized to do lwsiness a acquire and hold lift to real estate in Illinois, a partnership authorized to do business or ume and hold true to reel estate in INinois a other entit reoo m d d th i d , y gn e as a person an au or ze to do busirbss a acquire and hold tilt to reel estate under the laws of the State of IlGrais ~lVp/~ uf-o wiNudy falsifies or amts any rnkrmatian aired in tha deda ~ ti h h b 'It Cl B Mi d d l ra an s a r gw ass e+r-asnor. , y a s ~y person w/ro krpwirrgly submrfs a fa se s aor-aerrrirrg the ider-tity of a -ant+se shall be u~i l d a p C Mi d / th f t /lb d d p A g g y ass ar s xneena as nse an a e o ass A sdemeanor 1br subsequent oAbr-ses) City of Canton ~ 210 East Chestnut, Canton, T11~:no~s 61520 Name end Current Resxienoe of Selbr• (Phase Print) Name and Address Td this is tre ' I i land tnut. Trust Numt>ar Signature: br' a Agent Name and Current of • (Phase Print) I Q Signature: At~t 8 Mail tax bill to Name PREPARER: Section 31-25 of the Property Tax Code (35 IL1S 200/31.25) requires the fdbwirgl infonnatbr- to be oompbted: Name of person filling out the real estate transfer decoration for the buyer' and salbr•: JAMES J, ELSON, CHARTERED Phase Print ~,~ _ 1522 E• Ash Street TebphabS 309) 647 - 6622 THIS BOX FOR USE BY DEPARTMENT OF REVENUE ONLY: Initial Gate PfAX•203 (R<l/94) ff this transfer is an assignment of a beneficial interest of a land trust, wbstitute the word Assignor far Salver and Aeeipree for &ryer. Page 3 of 4 ASSESSMENT INFORMATION ON SOLD PROPERTIES This page is to be completed by the County Assessor or Supervisor of Assessments. The form is to be mailed to Illinois Department of Revenue, 101 West Jefferson, P.O. Box 19033, Springfield, IL 62794-9033 after being processed by county personnel. 1. ENTER BRIEF LEGAL DESCRIPTION OF PROPERTY AS IT APPEARS ON ASSESSMENT BOOKS 2. INSTRUCTIONS FOR COMPLETING PROPERTY DESCRIPTION CODES: (a) Enter Permanent Real Estate Index Number. Enter the property use code in the Unit Na boxes 'rf using the IL Rsal Property Appreisal Manual, or cirole the appro- priate letter if using the codes in the IL Property Tax Manual. Enter the assessment Quadrant if applicable. (b) County & Township: Use codes from Department Code Sheets. (d) Date of Deed: Enter month and year from Pegs 1 of declaration. (c) Class of Property; For Caok County, see Property Type Code Sheet. (e) Acreage: For Class 51 and 61 Property, errter number of acres; for Class 71 and 81 Property, leave blank. For Downstate Counties: enter 51 (N assessed as farm (10-125) with no building) 71 (assessed as nonfarm with no building) 61 (ff assessed as farm (10-125 and 10.140) with a building) 81 (assessed as nonfarm with a building) PERMANENT REAL ESTATE INDEX N0. (a)^^ ^^ ^B^^ ^~^L^ ^^I^^ / F ~IeOne I~ R ^ QUAD. ^ ^ ^ (b) County Commerds by Supervisor of Assessmerts or County Assessor: Township ^ ^ ^ (c) Class ^ ^ Month Year (d) Date of Deed ^ ^ ^ (e) Acreage (Round to ^ ^ ^ ^ t f ll u acre) nearos 3. ASSESSED VALUE DATA Enter assessed value as finally adjusted by the Board of Review or Appeals for the year prior to the date of sale. Where asseument is partial or split, designate with a large "P" or "S" on the assessment boxes. YEAR PRIOR TO SALE 19 The folk>rving questions must bs answered: Book Na Page Llne 1, ^ ^ Is this a 1x125, formerly 200. asaessmentl("Farm Bill'q 2. ^ ^ la this a partial assessment? (is., improvement not wm- pbted an assessment date) 3. ^ ^ tMll a aplR (division) be required to reflect the legal desaiption on this deed (or Trust Document)1 4. ^ ^ Has an improvement been added or removed since January 1 of the year prior to the sob, tart before the sob date? Land ^ , ^ ^ ^ , ^ ^ ^ 5. ^ ^ Does assessment shown reflect all Board of Review or ^ ' ^ ^ ^ ^ ^ ^ Appeals adios for the year indicated (induding Board Bldgs. of Review equalimtion fadora)7 Total ^ ^ , ^ ^ ^ , ^ ^ ^ 7. ^ ^ H sob iriwlves~a mobile home s thbib home 8ssesded 8s reel est8tet I hereby certify that the information shown relates to the property described in the declaration and that the assessed valuations are for the property included in the transfer. Dated tnis 19 day of Supervisor of Assessments or County Assessor FOR DEPARTMENT USE ONLY ^ ^ Multiple Parcellndicator Full Consideretion Ad'usted Consideration ^,^^^r^^^ Tab Number. This form is authorized in accordance with 35 ILCS 200/1.1 et seq. Dlaclosure of this information is REQUIRED. This form Page 4 of 4 has been approved by the Forms Management Center. IL-492.0227 File Maintenance A $pY BASE INK ~s~ RECYCLED PAPER PTAX•203 (R•4/94) .Illinois Department of Revenue .. . Local Government Services Bureau REAL ESTATE TRANSFER DECLARATION THE FOLLOWING INFORMATION IS REQUIRED 8Y THE REAL ESTATE TRANSFER TAX LAW (35 ILCS 200/31-25). PAGES 1 THROUGH 3 ARE TO BE FILLED OUT BY THE SELLERS' AND BUYERS' OR THEIR AGENTS ANY WILLFUL FALSIFICATION OR WILLFUL OMISSION OF IN- FORMATION IS A CLASS B MISDEMEANOR (35 ILCS 200/31.50). EXCEPT AS TO EXEMPT TRANSACTIONS, THE COUNTY RECORDER IS PROHIBITED BY LAW FROM ACCEPTING ANY DEED OR TRANSFER OF BENEFICIAL INTEREST OF A LAND TRUST (TRUST DOCUMENT) FOR RECORDATION UNLESS tT IS ACCOMPANIED BY THIS DECLARA- TION CONTAINING ALL OF THE INFORMATION REQUESTED HEREIN (35 ILCS 200/31-25). PROPERTY IDENTIFICATION use Address of Property _ 10 AaPfa7~fiua:tfiy lane Canton Canton Street - Clty or Village Township Permanent Real Estate Index Na 09~08~29-401003 Date of Deed 4/96 Enter Legal Description on Page 2 of this form. ~ (a Uust tkanent) (Month/Ybar) Type of Deed Quit-Claim NOTICE: The State of Illinois has enacted a Smoke Detector Act.., taTna<) . nvr ~n 1 1 ~,rIIARAV 1 Lr~1~71 Ifr,~ ~~~ IIYr•vKmA~ wn (I ne Tonowing questions must be answered.) Lot Size NOTE: You do not have to complete theFinance Questions at the bottom of this page or the Finance Schedule at the top of pages 2 and 3 of this form, 'rf you answer am of the following questions "Yes': Acreage Yes No Check type of improvement on property 1. la this 6 transfer between roletives or related parties? ^ Q[ O Vacant land/lOt + ® Residence (Single family or duplex) 2. Is this a compulsory transaction in lieu of foreclosure, divorce, court order, condemnation, probate, etc.? ^ l7G ^ Mobile home (see note on page 2) ^ Apartment bldg. (6 units or less) 3. Was this a transfer in settlement of an installment contract for deed initiated prior tb the year of recordhlg? ^ l~ O Commercial apartment (Over 6 units) , ` ; N ..~,; enter wntrect year ^ Store, office, commercial bldg. SPECIAL NOTE: /f Contlsct year Is the same as year o/ recording, answer this question "No" ^ Industrial bldg' 4. Was the deed any of the following types: ,~ . ,, ~ ^ ~ Farm, land Only • Sheriff's Deed } • Judge's Deed • Quft Claim Deed • Conveyance of Less than full Interost ^ Farm, with bldgs. • Trust Document which Refers to COLLATERAL ASSIGNMENT of Beneficial IMerost of Trust ^ Other S 1 Llama yr ah~l ... . Full Actual Consideration (Sale Price) .. ..... .. .... • .................... $ 10,870.00 Less amount of personal property. included in purchase (Do not deduct value of beneficial interest of a land trust.) $ -0- Net consideration for real property ... .... ......... • ... $ 10, 870.00 Less value of other real property transferred to seller as part of full consideration ..... .... •$ -0- Less outstanding amount of mortgage to which the transferred real property remains subject .. $ -0- Net taxable consideration subject to tl'ansfer tax $ 10,870.00 CALCULATION OF TRANSFER TAX , Amount of State of Illinois tax stamps ($.50 per $500 or part thereof of taxable consideration) . $ 11.00 Amount of county tax stamps ($.25 per $500 or part thereof of taxable consideration) ....... $ 5.50 ' ~Total Transfer Tax Collected $ 16.50 set is space o escn any epees circumstances mvo vmg t is transa Ion: ;~ krfi INANCE U IONS: If the answer is "No" to all of the above Sale Information questions, ALL of the following questions must be answered. If any of the questions below aro answered "Yes" the buyer' or buyer's' roprosentative MUST complete the Finance Schedule on the top of pages 2 and 3. Ws No ff FINANCE QUI:STION$ 1. Does property REMAIN SUBJECT to a mortgage such as an assumed mortgages ^ --® 1 thrOtlglt 5 2. Did the seller' provide a mortgage in partial or full considerations ^ 6d are aftawered "NOS; 3. Did the seller' pay points to secure the buyer's' mortgage, including VA and FHA insured loans? ^ ~ ~ NOT C~Ilplete 4. Did the seller's' mo • FlflanCe SCltedule interest rate below rr~rketebut ~ interest concessions to the buyer , is., offer a "blended" groatsr than the seller's existing mortgage retel O 6a On Pages 2 and 3. 5 W h f' as t e mancmg m any other manner unique or speahcally assoaatad wdh the property being trensferred, e.g., builder "buy down" of interest, etc.? ^ ~ •~ If this transaction is a transfer of a beneficial interest of a land trust, substitute the word Assignor for Seller and Assignee fa Buyer. ~PTAX•203 (R-4194) Page 1 of 4 S Finance schedub~lnstructions: The Real Estate Transfer lax Law (35 ILCS 200/31-25) requires information regarding the financing of the purchase price of this property. Lines A and C through I of the Finance Schedule must be filled out by the buyer' or buyer's' represen- tative to account for financing of the purchase. Columns I through VI must be completed for each loan inwlved. - Information required in each column: I Principal of loan; for an assumed mortgage show principal being assumed. II Length of time on which mouthy payments were calculated. If not applicable mark with an asterisk and explain repayment schedub in Box Jon Page 3. For an aasumsd mortgage show years remaining from time of sab untll loan is tiny amortized (Widl. III If applicable, length of time until mortgage loan must be paid off or renegotiated, or time until balloon payment is due. IV Nominal interest rete as stated in ban docu- ment. If Prime Rate is used, state rote used at time of transfer. V Indicate if this loan has a FIXED interest rate by entering F in the column, adjustable rate by enrtering A, or renegotiable by entering R in the column. VI Show the number of points and dollars paid. Enter points paid by the seller' only. Box J may be used to show more information regarding financing if necessary. SPECIAL NOTE: If your financing inwlves other than equal monthly payments you must ex- plain in Box J on Page 3. TYPE OF FINANCING: Enter cash downpayment on line A. Account for financing the remainder of the purchase price on lines C through I. (If lines A through I do not add up to full consideration shown on Page 1 of declaration, explain in Box J.) A. Enter Cash Downpayment (include earnest money) - i B. Enter remainder of Purchase Price on Lines C through I: G Purchase Money Martaaae to Seller' D. E. New 1st s i • • New 2nd Mt . s ty •• New 3rd s • • Assum lion of existin 1st Mt . Assum lion of ezistin 2nd Other Financin s ty •• G. H. •• Specify Type: eg., Blend, Con-rentional, Seller' Financed. vA/FHA insured, etc. PARTIAL INTEREST (Complete if applicable.) If less than a full interest in the real estate is being transferred, state the part being transferred: LEGAL DESCRIPTION Section Enter complete legal description in this area: Township Range Lot Numbex Ten of ttie Entexp)L~,se Industrial Astri.ct pursuant to the Subdivtsfion Plst tFlexeof filed la the Fulton County (illinois) Recorder FS Office on October 26, 1984, as Instrument Number 84-•8960, all being situated in the: Ctty~ of Canton, County of Fulton and State of illinois. Yes No NOTE: If a mobile home is included in the sale price, is the value of the mobile home being deducted as personal property on page 1? O ^ BENEFICIAL INTEREST OF LAND TRUST (Complete if applicable.) If this transaction is the transfer of a beneficial interest of a land trust, check this box: ^ Page 2 of 4 PiAX-203 (R-4/94) _ _ ; ; ~i :~ %Vi400NAL BANK _ 2 5 6113 o~c~wroN c~wroN.ueisao REMITTER .. 70-223/711 R. Jackson _ April 12 96 . l9 PAY ORDER OF CITY OF CANTON :. ~ $E8,679.5~ ItE N p 11 l M u ~~r ~ ~a, ~ ~~.,.~ip ill ~ ~ i 1 11°, ~r ~,_ i,, , ~ ,~»».~:~. BANK fa F r n f" ~ h~K„djr~~uwh ,I! . ,„Ir (.d~~ 14 ~ ,~ ,1~,~(i f,,,,~) ~,.. + ..I, DOLLARS - THIS DOCUMENT HAS A MICRO•PRR~T[' SIGNATURE LIpIE, SIMULATED WATERMARK, AND CHGOROSTAQI PAPER; ABSHNCE OF THESE FEATURES WQy WDICA'fE ACQPY GASHI~ER'S CHECK , 11'256L1311' i;07LLO22381:. u~940~~100911'