The agreed sales price for the condo is $800,000 of which Miss Tillie will pay 50% in cash and

the Paupers will carry the note on the remainder at 7% payable in monthly P&I installments of

$3,101.20 over a 20 year period, beginning the first day of the month following the date of the

note. The note will not be assumable without their consent and Miss Tillie will make her own

tax and insurance payments. The Paupers, not wishing to be any poorer than they are, want

to make sure that Miss Tillie, who does not work, can make the payments, so they want her

credit report and a current financial statement within 10 days. What contract do you use?