St. Paul daily globe., 1892-08-31
RANDOLPH STREET
REAL ESTATE.
AUCTION,
Sep tember I, 2 and 8.

~ ~clCSCAUl 0ULCnClOu
to the novel, varied and un-
usual terms upon which this
property is to be offered. Be-
lieving that Of it's kind the
property is the best that
has been offered at auc-
tion for many years in st.
Paul, we have persuaded the
owner to give the investing
public the option of a variety
OF attractive and favorable
terms. 1t has been our en-
deavor so to arrange these as
to bring the opportunity of
purchase within every class of
buyers. We offer then below
ten distinct options of pur-
chase. All buyers will be re-
quired to pay five per cent at
the time of purchase on the
ground, and will be given
therefor a binding receipt,
which will give them the priv
ilege Of afterwards deciding
upon which plan the contract
of purchase and sale is to be
finally carried out.
ten per cent discount from the price at
which the property is bid Off
PLAN 2-Buyers may pay half cash and
have one. two and three years upon the bal
ance OF the purchase money without inter-
est until the maturity of the mortgage notes
PLAN 3-Buyers may paw one.third cash
ana nave one and two years to pay the bal
ance at per cent interest. payable semi
annually. The general taxes upon the prop
erty SOLD upon this plan will be paid by the
present owner of the property tor two years.
PLAN 4-Buyers may pay one.ouarter
cash and have four years in which to pay the
BALANCE at 8 per cent interest, pay able semi
annually: The taxes upon property bought
the present owner of the property.
PLAN 5-Buyers may pay one-fifth cash
ana nave nve years in which to pay the bal
ance att per cent interest. payable semi
annually. The general taxes upon the prop
erty sold under this plan will be paid for two
years by the present owner.
FL AN 6-Buyers may pay $50 cash and
pay The balance in monthly payments of $40
per mouth, with interest at per cent. ay-
ragged half-yearly; buyers under this plan
Will receive contract of sale, but will have
right when one-third of purchase price has
!! been paid, together with interest thereon
and the taxes for which they are liable, to
take the title of the property under deed and
nJlrch1Sl money foo or
able semiannually.
Inc general taxes upon property sold I'M
der this plan will be paid by the present
owner for two years.
FEAN 1-Buyers may pay 10 per cent of
purchase price in cash and weekly payments
OF 81 each week thereafter for eight wears
which payments will include all interest and
the general taxes upon the property for
| three years. The title TO the property under
| this plan will pass by contract of sale
| The above plan is figured for convenience
| upon price of 5000 as basis; when lots
go at either higher or loner price, the time
| for which weekly payments Shall be made
! VIII be ratably increased or decreased.
! PLAN S-To those BUYERS who are will
| ing TO BIND themselves to improve their
| property within ten months by the erection
shereon OF a dwelling to cost not less than
1 Sl,991, a loan amounting to 50 per cent of
| the value OF the completed PROPERTY. in the
| opinion OF three unprejudiced appraisers.
| will be made al per cent interest payable
4
| or commission.
| Under this plan the foundation of the
| oweiiing 10 pe bu1it must be put in this fall
as an evidence of good faith.
| BY this plan it is reasonably certain that
| buyers Will obtain larger loan than so Der
| cent OF the total cost of the property because
| 1t is expected that when the appraisal comes
| to be made the lot VIII be valued higher than
| the auction price.
| The owner will also furnish to those who
| buy under this plan one years free trans
| portatlon on the street railway for two rides
| per day for one person.
FLAN S-The owner will agree TO buld
| dwellings 10 cost not less than 81 son or
| more than $1,000 upon selected iofs for
parties who pay at least half cash unnn their
lots, and who will agree to paw thereafter
| not less than SO per month and interest at
per cent per annum averaged half yearly
| together with the annual cost of ius,iranca
| taxes and assessments
To these buying under this nlan tho o,yno,
will agree TO furnish one wears free trans.
portation on the street railway for two rides
per day for one person,
| PLAN 1910 approved purchasers of
any OF the lots the owner will agree TO make
building loans which shall bear 8 per cent
interest upon advances made while the
building is in progress, but per cent inter
| est when the whole amount of the loan has
been paid the borrower, and the property is in
finished condition; these loans NAV rim for
any time at the buyers option up to five
years, and will be free of all charges for
| expenses or commission To parties buyine
under this plan the owner will furnish free
TRANSPORTATION on the street railway for two
rides per day for one person for one year.