Property. The buyer is able to occupy the property on the date agreed by the parties after the execution of this contract. Contract purchase has its advantages for both the seller and the buyer. Buyers prefer land purchase contracts if they are interested in buying a property, but cannot obtain a mortgage from a financial institution because of an uninsured credit or bad credit. In this case, a contract is signed, under which the buyer pays money directly to the seller each month. For many buyers, this is the best way to buy land or a home. Paying payments liable for several years can convince a financial institution that you are solvent and help you get a credit for the last payment of the balloon, often set by the agreement. To sell and place the buyer of the land in [city], [county], [state], described as follows: This seller may at any time burden the country by mortgages or mortgages, in order not to guarantee more than the balance owed at the time of the execution of these mortgages or mortgages, the mortgages or mortgages provided for the payments of principal interest and/or interest that are neither higher nor earlier than those provided for in this contract, and to be a first right of bet on the land above the right of the purchaser; notification of the execution of these mortgages or mortgages, which contain the name and address of the mortgage agent or his representative, the amount of these mortgages or mortgages, and the interest rate and maturity of the principal and interest are sent to the buyer by authenticated mail immediately after their execution. At the seller`s request, the buyer must execute all the instruments that may be necessary for the exercise of the previous skill. If the buyer refuses to perform such instruments required by the seller or accepts such certified mail or if this certified mail is not returned, the seller may publish this notification at two conspicuous locations of the campaign and make an affidavit on these facts and that publication, according to which the buyer`s rights are subject to these mortgages or mortgages, as provided for in this regard. The consent or subordination obtained, as is expected, under or under the aforementioned jurisdiction, extends to any extension, extension or modification of this mortgage or mortgage, after the seller has informed the purchaser in such a way as the mortgage provides to notify the performance of these mortgages or mortgages, unless they are changes that bring the amount of the mortgage to an amount of surge above the interest rate mentioned here or that provide an interest rate exceeding the interest rate shown here.