HomeMy WebLinkAbout20080449.tiff • • page 1 of 12
Prepared by Gerald G. Rehkow
THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES
AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR
Rehkow Realty OTHER COUNSEL BEFORE SIGNING.
1777 Larimer Street, Suite#810
• Denver, Colorado 80202 CONTRACT TO BUY AND SELL
Office (303) 296-1190 REAL ESTATE
Fax (303) 296-1191 (ALL TYPES OF PROPERTIES)
PumhaseRP�ceY $ $819,000.00
��
1. AGREEMENT. Buyer agrees to buy,and Seller agrees to sell,the Property defined below on the terms and conditions
set forth in this contract(Contract).
2. DEFINED TERMS.
a. Buyer. Buyer, ,
Rejoice Lutheran Church
,will take title to the real property described below as Joint Tenants Tenants in Common
[iiOther Corporately 1,
b. Property. The Property is the following legally described real estate in the County of * _WELD _ ,Colorado.
i
Lot 5, Block 4,Ranch Eggs Inc.,filing#2, County of Weld,State of Colorado
I
3413 Lowell Lane Erie COLORADO 80516
t -- -- - City ---- COLS
known as No. State Zip
Street Address
together with the interests,easements,rights,benefits,improvements and attached fixtures appurtenant thereto,and till interest of Seller in
•vacated streets and alleys adjacent thereto,except as herein excluded.
c. Dates and Deadlines. i,
Item
No. Reference Event Date or Deadline ;
1 §4a Alternative Earnest Money Deadline TUESDAY,JULY 10, 2007
2 §5a Loan Application Deadline NOT APPLICABLE —j'.
3 §5b Loan Conditions Deadline NOT APPLICABLE �.
4 §5c Buyer's Credit Information Deadline NOT APPLICABLE
5 §5c Disapproval of Buyer's Credit Information Deadline NOT APPLICABLE
6 §5d Existing Loan Documents Deadline NOT APPLICABLE
7 §5d Existing Loan Documents Objection Deadline NOT APPLICABLE
8 §5d Loan Transfer Approval Deadline NOT APPLICABLE
9 §6a(2) Appraisal Deadline FRIDAY, SEPTEMBER 14,2007 -
10 §7a Title Deadline THURSDAY,JULY 26, 2007 i'
11 §8a Title Objection Deadline MONDAY,JULY 30,2007 - I, _
12 §7c Survey Deadline _ WEDNESDAY,AUGUST 15, x007 -
13 §8c(2) Survey Objection Deadline FRIDAY,AUGUST 17, 2007
14 §7b Document Request Deadline THURSDAY,JULY 26, 2007 i
15 §7d(5) CIC Documents Objection Deadline NOT APPLICABLE !'
16 §Sb Off-Record Matters Deadline MONDAY,JULY30, 2007 1 I
17 §8b Off-Record Matters Objection Deadline WEDNESDAY,AUGUST 1,2 07
18 §8f Right Of First Refusal Deadline NOT APPLICABLE
ft heprinted portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission.CBS1-10-06
(Mandatory 1-07)
Buyers Initials: Seller's Initials: 1471 0718621560039
Rehkow Realty 10:09 PM 7/5/2007 oes Iracls O 1903-2006 Oos,Inc 1.500-795-7754
2008-0449
• • page 2 of 12
MONDAY,JULY 30, 2007
Prepared by Gerald G. Rehkow ——
19 § 1oa Sellers Property Disclosure Deadline -----
AUGUST 3,2007
20 § 10b Inspection Objection Deadline FRIDAY,_ ?
MONDAY,AUGUST 6, 2007
§ 10c Resolution Deadline MONDAY,AUGUST 6, 2007 `
22 § 10d Property Insurance Objection Deadline —
23 § 12 Closing Date --
FRIDAY,DECEMBER 28, 2007_
Possession Date SUNDAY, DECEMBER 30, 2007E
24 § 17 NOON
25 §17 Possession Time
MONDAY,JULY 9,2007 t
26 §29 Acceptance Deadline Date _— —
P7 §29 Acceptance Deadline Time 5PM
•
d. Attachments. The following area part of this Contract: . j.
Closing Instructions(CL 8-10-06)
Note: The following disclosure forms are attached but are not a part of this Contract: l
Seller's Property Disclosure(All Types of Properties(SPD19-10-06)
Brokerage Disclosure To Seller(For Sale by Owner SD-16-5-04)
Exclusive Right-to-Buy(BC60-4-05) i
e. Applicability of Terms. A check or similar mark in a box means that such provision is applicable. The abbreviation"N/A"
or the word"Deleted"means not applicable and when inserted on any line in Dates and Deadlines(§2c),it means that the corresponding
provision of the Contract to which reference is made is deleted. The abbreviation"MEC"(mutual execution of this Contract)means the latest
date upon which both parties have signed this Contract.
3. INCLUSIONS AND EXCLUSIONS.
a. Inclusions. The Purchase Price includes the following items(Inclusions):
(1) Fixtures. If attached to the Property on the date of this Contract,lighting,heating,plumbing,ventilating,and air conditioning
fixtures,TV antennas,inside telephone wiring and connecting blockslacks,plants,mirrors,floor coverings,intercom systems,built-in
kitchen appliances,sprinkler systems and controls,built-in vacuum systems(including accessories),garage door openers including
ANY remote controls;and
__
Any owned by the Seller, a list of which shall be provided to IBuyer within 30 days of MAC. �`
E X LTA-: ;t� 5 SboSR Lisrl �.-.ah4J , :Erie,,s r"O SO S/41, v-s-t A
1 / whether attached or not on thedate this Contract storm
(2) Personal Property. The following are included if on the Property fireplace inserts,
windows,storm doors,window and porch shades,awnings,blinds,screens,window coverings,curtain rods,draperytods, P 41O
1441
fireplace screens,fireplace grates,heating stoves,storage sheds,and all keys.If checked,the following are included: ?Ott
Systems
SmokelFire Detectors Security Systems 1 ,,.
Water Softeners r
L� -
(including satellite dishes).
(3) Other Inclusions.
Any owned by the Seller,a list of which shall be provided to Buyer within 30 days of MAC.
The Personal Property to be conveyed at Closing shall be conveyed,by Seller,free and clear of all taxes,(except personal property taxes for
the year of closing),liens and encumbrances,except __-—_
**NOT APPLICABLE** '
Conveyance shall be by bill of sale or other applicable legal instrument. approved by the Colorado Real Estate Commission.CBSt-10-06
except differentiated additions,have been (Mandatory 1-07)
The printed portions of this form, P
Buyer's Initials:
Seller's Initials: ' 1471 0716310240039
Rehkow Realty oescmrreou ®1993-2008 oea,l c.1-800-795-77
' Prepared by Gerald G. Rehkowi• • page 3 of 1
(4) Trade Fixtures. With respect to trade fixtures,Seller and Buyer agree as follows:
**NOT APPLICABLE**
• The Trade Fixtures to be conveyed at Closing shall be conveyed,by Seller,free and clear of all taxes,(except personal property taxes for
the year of Closing),liens and encumbrances,except
**NOT APPLICABLE** •
Conveyance shall be by bill of sale or other applicable legal instrument.
(5) Parking and Storage Facilities. I Use Only l Ownership of the following parking facilities:
**NOT APPLICABLE**
and — Use Only _ l Ownership of the following storage facilities:
**NOT APPLICABLE** 1.
(6) Water Rights. The following legally described water rights:
None
I,
Any water rights shall be conveyed by **NOT APPLICABLE** i deed
or other applicable legal instrument. The Well Permit#is N/A .
(7) Growing Crops. With respect to growing crops,Seller and Buyer agree as follows:
None
! i'
b. Exclusions. The following items are excluded:
None
I I
I I
• 4. PURCHASE PRICE AND TERMS. The Purchase Price set forth below shall be payable in U.S.Dollars by Buyer as follows:
Item
No. Reference Item Amount Amount
1 §4 Purchase Price $ $819,000.00 7..z,/,;17,,,->7,,////0�
2 §4a Earnest Money ://� / 'i %/ :/' $ i. $20,000.00
3 §4d(1) New First Loan 2/
�� $
4 §4d(2) New Second Loan
5 §4e Assumption Balance $ '''
6 §4f Seller or Private Financing � �j�// $
7 $
9 §4b Cash at Closing /X���/7// / $ i � $799,000.00
10 Total $ $819,000.00 $ ', i $819,000.00
Note: If there is an inconsistency between the Purchase Price on the first page and this§4,the amount in§4 shall Control.
a. Earnest Money. The Earnest Money set forth in this section,in the form of
by
LanBUSINESStle Guarantee Company ,is part-paymentEarnest Money Holder),in its trust ae�y8, to and held
on behalf of both Seller and
Buyer.The Earnest Money deposit shall be tendered with this Contract unless the parties mutually agree to an Alternative Earnest Money
Deadline(§2c)for its payment.The parties authorize delivery of the Earnest Money deposit to the closing company,if any,at or before
Closing. In the event Earnest Money Holder has agreed to have interest on Earnest Money deposits transferred to a fond established for the
purpose of providing affordable housing to Colorado residents,Seller and Buyer acknowledge and agree that any interest accruing on the
Earnest Money deposited with the Earnest Money Holder in this transaction shall be transferred to such fund.
The printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Conimission.CBS1-10-06
Th
�'. (Mandatory 1-07)
Buyer's Initials: Seller's Initials: 1471 0718621560039
Rehkow Realty 10:11 PM 7/5/2007 des Con ns O 1993-2008 Qes,Inc.1-80O-795-7759
il
, ' Prepared by Gerald G. Rehkow • • page 4 of 1<'
b. Cash at Closing. All amounts paid by Buyer at Closing including cash at Closing,plus Buyer's closing costs,shall be in funds
which comply with all applicable Colorado laws,which include cash,electronic transfer funds,certified check,savings and loan teller's check and
cashier's check(Good Funds).
c. Down Payment Assistance;Seller Paid Costs. Seller,at Closing,shall credit $ to Buyer to assist with
Buyer's down payment. Seller shall also,at Closing,credit to Buyer the amount of $ N/A to assist With Buyer's closing costs,
not to exceed the amount due from Buyer for such costs. These amounts are in addition to any sum Seller has agreed to pay or credit Buyer
elsewhere in this Contract.
d. New Loan. •
•
(1) New First Loan. OMITTED AS INAPPLICABLE ;'.
(2) New Second Loan. OMITTED AS INAPPLICABLE
e. Assumption. OMITTED AS INAPPLICABLE ; ;
f. Seller or Private Financing. OMITTED AS INAPPLICABLE
5. FINANCING CONDITIONS AND OBLIGATIONS.
a. Loan Application. OMITTED AS INAPPLICABLE
b. Loan Conditions. OMITTED AS INAPPLICABLE
c. Credit Information and Buyer's New Senior Loan. OMITTED AS INAPPLICABLE
•
d. Existing Loan Review. OMITTED AS INAPPLICABLE '' i
6. APPRAISAL PROVISIONS.
a. Appraisal Condition.
L (1) Not Applicable. This§6a shall not apply.
X (2) Conventional. Buyer shall have the sole option and election to terminate this Contract if the Purchase Price exceeds the
Property's valuation determined by an appraiser engaged by BUYER
This Contract shall terminate by Buyer delivering to Seller written notice of termination and either a copy of such appraisal or written notice from
lender that confirms the Property's valuation is less than the Purchase Price,received on or before Appraisal Deadline(§2c). If Seller does not
•eceive such written notice of termination on or before Appraisal Deadline (§2c),Buyer waives any right to terminate under this subsection.
II (3)FHA. It is expressly agreed that notwithstanding any other provisions of this Contract,the Purchaser(Buyer)
shall not be obligated to complete the purchase of the Property described herein or to incur any penalty by forfeiture of Earnest Money deposits
or otherwise unless the Purchaser(Buyer)has been given in accordance with HUD/FHA or VA requirements a written statement issued by the
Federal Housing Commissioner,Department of Veterans Affairs,or a Direct Endorsement lender setting forth the appraised value of the
Property of not less than$ . The Purchaser(Buyer)shall have the privilege and option of proceeding with the
consummation of the Contract without regard to the amount of the appraised valuation.The appraised valuation is arrived at to determine the
maximum mortgage the Department of Housing and Urban Development will insure.HUD does not warrant the value nor the condition of the
Property.The Purchaser(Buyer)should satisfy himself/herself that the price and condition of the Property are acceptable.
LI (4) VA. It is expressly agreed that,notwithstanding any other provisions of this Contract,the purchaser(Buyer)shall
not incur any penalty by forfeiture of Earnest Money or otherwise or be obligated to complete the purchase of the Property described herein,if the
Contract Purchase Price or cost exceeds the reasonable value of the Property established by the Department of Veterans Affairs.The purchaser
(Buyer)shall,however,have the privilege and option of proceeding with the consummation of this Contract without regard to the amount of the
reasonable value established by the Department of Veterans Affairs.
b.Cost of Appraisal. Cost of any appraisal to be obtained after the date of this Contract shall be timely paid by
Xi Buyer Seller.
7. EVIDENCE OF TITLE. -
a. Evidence of Title. On or before Title Deadline(§2c),Seller shall cause to be fumished to Buyer,et Seller's expense,a
current commitment for owner's title insurance policy(Title Commitment)in an amount equal to the Purchase Price,or if this box is checked,
An Abstract of title certified to a current date. At Seller's expense,Seller shall cause the title insurance policy to be issued and delivered
to Buyer as soon as practicable at or after Closing. If a title insurance commitment is fumished,it I XJ Shall L JShall Not
commit to delete or insure over the standard exceptions which relate to:
The printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission.CBS1-10-06
ill (Mandatory 1-07)
Buyer's Initials: Seller's Initials: 1 1471 0718310240038
Rehkow Realty
Des Cori �IO 1983-2008 Oee,lnc.1-900.795-7759
Prepared by Gerald G. Rehkow • • page 5 of 12
(1) parties in possession,
(2) unrecorded easements,
(3) survey matters,
(4) any unrecorded mechanics'liens,
•
(5) gap period(effective date of commitment to date deed is recorded),and
(6) unpaid taxes,assessments and unredeemed tax sales prior to the year of Closing.
Any additional premium expense to obtain this additional coverage shall be paid by X Buyer L ,Seller.
b. Copies of Exceptions. On or before Title Deadline(§2c),Seller,at Seller's expense,shall fumish to Buyer and
Sellin Broker
� _ —.. ,(1)a copy of any plats,declarations,covenants,conditions
and restrictions burdening the Property,and (2)if a title insurance commitment is required to be furnished,and if this box is checked
[X I Copies of any Other Documents (or,if illegible,summaries of such documents)listed in the schedule of exceptions(Exceptions).
Even if the box is not checked,Seller shall have the obligation to furnish these documents pursuant to this section if requested by Buyer any
time on or before Document Request Deadline(§2c). This requirement shall pertain only to documents as shown of record in the office
of the clerk and recorder in the county where the Property is located. The abstract or title insurance commitment,together with any copies
or summaries of such documents furnished pursuant to this section,constitute the title documents(Title Documents),
c. Survey. On or before Survey Deadline (§2c) Seller LXJ Buyer NIA shall cause Buyer(and the issuer
of the Title Commitment or the provider of the opinion of title if an abstract)to receive a current r X1 Improvement Survey Plat
L . Improvement Location Certificate L_ i,.
a N/A for Survey shall be paid description checked is known as Survey). An amount not to exceed$ by
X—I Buyer Seller N/A If the cost exceeds this amount, X Buyer L Jseller 1 NIA shall pay the excess
on or before Closing unless Buyer delivers to Seller before Survey is ordered,Buyer's written notice allowing the exception for survey matters.
d. Common Interest Community Governing Documents !'
rX I (1) Not Applicable. This§7d shall not apply.
(2) Common Interest Community Disclosure.
THE PROPERTY IS LOCATED WITHIN A COMMON INTEREST COMMUNITY AND IS SUBJECT TO THE DECLARATION FOR SUCH
COMMUNITY. THE OWNER OF THE PROPERTY WILL BE REQUIRED TO BE A MEMBER OF THE OWNER'S ASSOCIATION FOR THE
OMMUNITY AND WILL BE SUBJECT TO THE BYLAWS AND RULES AND REGULATIONS OF THE ASSOCIATION.THE DECLARATION,
YLAWS,AND RULES AND REGULATIONS WILL IMPOSE FINANCIAL OBLIGATIONS UPON THE OWNER OF THE PROPERTY,
INCLUDING AN OBLIGATION TO PAY ASSESSMENTS OF THE ASSOCIATION.IF THE OWNER DOES NOT PAY THESE ASSESSMENTS,
THE ASSOCIATION COULD PLACE A LIEN ON THE PROPERTY AND POSSIBLY SELL IT TO PAY THE DEBT.THi DECLARATION,
BYLAWS,AND RULES AND REGULATIONS OF THE COMMUNITY MAY PROHIBIT THE OWNER FROM MAKING CHANGES TO THE
PROPERTY WITHOUT AN ARCHITECTURAL REVIEW BY THE ASSOCIATION(OR A COMMITTEE OF THE ASSOCIATION)AND THE
APPROVAL OF THE ASSOCIATION.PURCHASERS OF PROPERTY WITHIN THE COMMON INTEREST COMMUNITY SHOULD
INVESTIGATE THE FINANCIAL OBLIGATIONS OF MEMBERS OF THE ASSOCIATION. PURCHASERS SHOULD CAREFULLY READ
THE DECLARATION FOR THE COMMUNITY AND THE BYLAWS AND RULES AND REGULATIONS OF THE ASSOCIATION.
(3) Not Conditional on Review. Buyer acknowledges that Buyer has received a copy of the clwners'association
(Association)declarations,bylaws,rules and regulations,party wall agreements,minutes of most recent annual owners'meeting and
minutes of any directors'meetings during the 6-month period immediately preceding Title Deadline,if any(Governing Documents),most
recent financial documents consisting of(a)annual balance sheet,(b)annual income and expenditures statement,and(p)annual budget
(Financial Documents),if any(collectively CIC Documents).Buyer has reviewed them,agrees to accept the benefits,obligations and
restrictions that they impose upon the Property and its owners and waives any right to terminate this Contract due to such documents,
notwithstanding the provisions of§8e.
(4) CIC Documents to Buyer.
F-1 (a) Seller to Provide CIC Documents. Seller shall cause the CIC Documents to be provided to Buyer,at Seller's
expense,on or before Title Deadline(§2c).
(b) Seller Authorizes Association. Seller authorizes the Association to provide the CIC bocuments to Buyer,at
Seller's expense. .
(c) Seller's Obligation. Seller's obligation to provide the CIC Documents shall be fulfilled upon Buyer's receipt of
the CIC Documents,regardless of who provides such documents.
i
rinted portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission.CBS1-10-06
Op
(Mandatory 1-07)
Buyer's Initials: Seller's Initials: 1471 0718310240038
Rehkow Realty
QesC O 1993-2098 Qee,lna 1-800-795-7759
I
Prepared by Gerald G. Rehkow • • page 6 of 12
(5) Conditional on Buyer's Review. If the box in either subsection 7d(4)(a)or subsection 7d(4)(b)is checked,the
provisions of this subsection 7d(5)shall apply.Written notice of any unsatisfactory provision in any of the CIC Documents,in Buyer's subjective
discretion,signed by Buyer,or on behalf of Buyer,and delivered to Seller on or before CIC Documents Objection Deadline(§2c),shall
"'terminate this Contract.
Should Buyer receive the CIC Documents after Title Deadline(§2c),Buyer shall have the right,at Buyer's option,to terminate this
Contract by written notice delivered to Seller on or before ten calendar days after Buyers receipt of the CIC Documents.If Buyer does not receive
the CIC Documents,or if such written notice to terminate would otherwise be required to be delivered after the Closing Date,Buyer's written
notice to terminate shall be received by Seller on or before three calendar days prior to Closing Date(§2c).if Seller does not receive written
notice from Buyer within such time,Buyer accepts the provisions of the CIC Documents,and Buyer's right to terminate this Contract pursuant to
this subsection is waived,notwithstanding the provisions of§8e.
NOTE: If no box in this§7d is checked,the provisions of subsection 7d(4)(a)shall apply.
8. TITLE AND SURVEY REVIEW.
a. Title Review. Buyer shall have the right to inspect the Title Documents. Written notice by Buyer of unmerchantabiliryy of title,
form or content of Title Commitment or of any other unsatisfactory title condition shown by the Title Documents,
or ns, five Sendai'g §days 13,
shall
be signed by or on behalf of Buyer and delivered to Seller on or before Tide Objection Deadline(§2c), within the document n adding any
ter receipt
by Buyer of any change to the Title Documents or endorsement to the Title Commitment together with a copy
new Exception to title. If Seller does not receive Buyer's notice by the date specified above,Buyer accepts the condition of title as disclosed
by the Title Documents as satisfactory.
b. Matters not Shown by the Public Records. Seller shall deliver to Buyer,on or before Off-Record Matters Deadline(§2c)
true copies of all leases and surveys in Seller's possession pertaining to the Property and shall disclose to Buyer all easements,liens
(including,without limitation,governmental improvements approved,but not yet installedyor other title matters(including,without limitation,
rights of first refusal,and options)not shown by the public records of which Seller has actual knowledge.Buyer shall have the right to inspect
the Property to investigate if any third party has any right in the Property not shown by the public records(such as an Unrecorded easement,
unrecorded lease,or boundary line discrepancy).Written notice of any unsatisfactory condition disclosed by Seller or revealed by such
inspection notwithstanding§13,shall be signed by or on behalf of Buyer and delivered to Seller on or before Off-Record Matters Objection
Deadline(§2c).If Seller does not receive Buyer's notice by said date,Buyer accepts title subject to such rights,if any,of third parties of which
Buyer has actual knowledge.
c. Survey Review.
[--1 (1) Not Applicable. This§8c shall not apply. !,
!IC (2) Conditional on Survey. If the box in this subsection 8c(2)is checked,Buyer shall have the right to inspect the
• Survey.If written notice by or on behalf of Buyer of any unsatisfactory condition shown by the Survey,notwithstanding§8b or§13,is
received by Seller on or before Survey Objection Deadline(§2c)then such objection shall be deemed an unsatisfactory title condition.If
Seller does not receive Buyer's notice by Survey Objection Deadline(§2c),Buyer accepts the Survey as satisfactory.
d. Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS
THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS.
PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASED MILL LEVIES AND EXCESSIVE TAX
BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF
SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES.BUYER SHOULD
INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDEBTEDNESS OF SUCH
DISTRICTS,EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS,AND THE POTENTIAL FOR AN
INCREASE IN SUCH MILL LEVIES.
In the event the Property is located within a special taxing district and Buyer desires to terminate this Contract as a result,if written notice,
by or on behalf of Buyer,is received by Seller on or before Off-Record Matters Objection Deadline(§2c),this Contract shall terminate.If
Seller does not receive Buyer's notice by such date,Buyer accepts the effect of the Property's inclusion in such special taxing district and
waives the right to terminate for that reason.
e. Right to Object,Cure. Buyer's right to object shall include,but not be limited to those matters listed in§13. If Seller receives
notice of unmerchantabiliry of title or any other unsatisfactory title condition or commitment terms as provided in§§B a,b,c and d above,Seller
shall use reasonable efforts to correct said items and bear any nominal expense to correct the same prior to Closing; If such unsatisfactory
title condition is not corrected to Buyer's satisfaction on or before Closing,this Contract shall terminate;provided,hoWever, Buyer may,by
written notice received by Seller on or before Closing,waive objection to such items.
f. Right of First Refusal or Approval. If there is a right of first refusal on the Property,or a right to approve this Contract,Seller shall
promptly submit this Contract according to the terms and conditions of such right.If the holder of the right of first refusal exercises such right or the I
holder of a right to approve disapproves this Contract,this Contract shall terminate.If the right of first refusal is waived explicitly or expires,or the
Contract is approved,this Contract shall remain in full force and effect.Seller shall promptly notify Buyer of the foregoing.If expiration or waiver of
the right of first refusal or Contract approval has not occurred on or before Right of First Refusal Deadline(§2c),this Contract shall terminate.
The printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission.CBS1-10-06
•
(Mandatory 1-07)
` Buyer's Initials: Seller's Initials: i 1471 0718310240038
Rehkow Realty oa.coor s 01993-20C6 Qes,Inc.1-800-795-77E
I
• page 7 of 12
Prepared by Gerald G. Rehkow •
g. Title Advisory. The Title Documents affect the title,ownership and use of the Property and should be reviewed carefully.Additionally,
other matters not reflected in the Title Documents may affect the title,ownership and use of the Property,including without limitation boundary
lines and encroachments,area,zoning,unrecorded easements and claims of easements,leases and other unrecorded agreements,and
sarious laws and governmental regulations concerning land use,development and environmental matters.The surface estate may be owned
eparately from the underlying mineral estate,and transfer of the surface estate does not necessarily include transfer of the mineral
rights or water rights.Third parties may hold interests in oil,gas,other minerals,geothermal energy be exr cluded
w frn or om or nunder the
n covered by
Property,which Interests may give them rights to enter and use the Property.Such matters may x
the title insurance policy.Buyer is advised to timely consult legal counsel with respect to all such matters as there are strict time limits provided
in this Contract(e.g.,Title Objection Deadline[§2c]and Off-Record Matters Objection Deadline[§2c]).
9. LEAD-BASED PAINT. Unless exempt,if the improvements on the Property include one or more residential dwellings for which a
building permit was issued prior to January 1,1978,this Contract shall be void unless a completed Lead-Based Paint Disclosure(Sales)form is
signed by Seller and the required real estate licensees,which must occur prior to the parties signing this Contract.Buyer acknowledges timely
receipt of a completed Lead-Based Paint Disclosure(Sales)form signed by Seller and the real estate licensees.
10. PROPERTY DISCLOSURE, INSPECTION.INSURABILITY AND BUYER DISCLOSURE.
a. Seller's Property Disclosure Deadline. On or before Seller's Property Disclosure Deadline(§2c),Seller agrees to
deliver to Buyer the most current version of the Seller's Property Disclosure form completed by Seller to the best of Seller's actual knowledge,
current as of the date of this Contract.
b. Inspection Objection Deadline. Buyer shall have the right to have inspections of the physical condition of the Property and
Inclusions,at Buyer's expense.If the physical condition of the Property or Inclusions is unsatisfactory in Buyer's subjective discretion,Buyer shall,
on or before Inspection Objection Deadline(§2c):
(1) notify Seller in writing that this Contract is terminated,or -
(2) deliver to Seller a written description of any unsatisfactory physical condition which Buyer requires Seller to correct
(Notice to Correct).
If written notice is not received by Seller on or before Inspection Objection Deadline(§2c),the physical condition of the Property and
Inclusions shall be deemed to be satisfactory to Buyer.
c. Resolution Deadline. If a Notice to Correct is received by Seller and if Buyer and Seller have not agreed in writing to a
settlement thereof on or before Resolution Deadline(§2c),this Contract shall terminate one calendar day following Resolution Deadline
(§2c),unless before such termination Seller receives Buyer's written withdrawal of the Notice to Correct.
d. Insurability. This Contract is conditioned upon Buyer's satisfaction,in Buyer's subjective discretion,with the availability,
terms and conditions of and premium for property insurance.This Contract shall terminate upon Seller's receipt,on.orbefore Property
Insurance Objection Deadline(§2c)of Buyer's written notice that such insurance was not satisfactory to Buyer. If said notice is not timely
.received,Buyer shall have waived any right to terminate under this provision. engineering reports,or any
Damage,Liens and Indemnity. Buyer is responsible for payment for all inspections,tests,surveys,en9 9 P
other work performed at Buyer's request and shall pay for any damage which occurs to the Property and Inclusions.as a result of such activities.
Buyer shall not permit claims or liens of any kind against the Property for inspections,tests,surveys,engineering reports,or any other work
performed on the Property at Buyers request.Buyer agrees to indemnify,protect and hold Seller harmless from and against any liability,damage,
cost or expense incurred by Seller in connection with any such inspection,claim,or lien.This indemnity includes Seller's right to recover all costs
and expenses incurred by Seller to enforce this section,including Seller's reasonable attorney and legal fees.The provisions of this section shall
survive the termination of this Contract.
f. Buyer Disclosure.
Buyer represents that Buyer I Does 1 1 Does Not need to sell and close a property to complete this transaction.
Note: Any property sale contingency should appear in Additional Provisions(§25).
11. METHAMPHETAMINE LABORATORY DISCLOSURE. The parties acknowledge that Seller is required to disclose whether
Seller knows that the Property was previously used as a methamphetamine laboratory.No disclosure is required if the Property was remediated
in accordance with state standards and other requirements are fulfilled pursuant to§25-18.5-102,C.R.S.Buyer further acknowledges that
Buyer has the right to engage a certified hygienist or industrial hygienist to test whether the Properly has ever been used as a
methamphetamine laboratory. In the event that the Property has been used as a methamphetamine laboratory,Buyer may deliver written
notice to Seller,on or before Closing,to terminate this Contract.
•
12. CLOSING. Delivery of deed from Seller to Buyer shall be at closing(Closing).Closing shall be on the date specified as the
Closing Date(§2c)or by mutual agreement at an earlier date. The hour and place of Closing shall be as designated by
Mututal agreement between bu er and seller_
y - -
13. TRANSFER OF TITLE. '
Subject to tender or payment at Closing as required herein and compliance by Buyer with the other terms and provisions hereof,Seller shall
execute and deliver a good and sufficient GENERAL WARRANTY deed to Buyer,at Closingi conveying the Property free
and clear of all taxes except the general taxes for the year of Closing. Except as provided herein,title shall be conveyed free and clear of all
liens,including any governmental liens for special improvements installed as of the date of Buyer's signature hereon,whether assessed or not.
Title shall be conveyed subject to:
he printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate..Commission.CBSI-1(Man0
1-07)
Buyer's Initials: Seller's Initials: Are 1471 0718310240038
Rehkow Realty oescol cis 45 1995-2006Qes,Inc.1-800-795-775!
page 8 of 12
Prepared by Gerald G. Rehkow • •
a.those specific Exceptions described by reference to recorded documents as reflected in the Title Documents accepted by Buyer in
accordance with§Ba(Title Review),
• b.distribution utility easements(including cable TV),
c.those specifically described rights of third parties not shown by the public records of which Buyer has actual knowledge
and which were accepted by Buyer in accordance with§8b(Matters Not Shown by the Public Records)and§8c(Survey Review),
d.inclusion of the Property within any special taxing district,
e.the benefits and burdens of any recorded declaration and party wall agreements,if any,and
f.other
**NONE OTHER*«_ .
14. PAYMENT OF ENCUMBRANCES. Any encumbrance required to be paid shall be paid at or before Closing from the proceeds
of this transaction or from any other source.
15. CLOSING COSTS, DOCUMENTS AND SERVICES.
a. Good Funds. Buyer and Seller shall pay,in Good Funds,their respective Closing costs and all other items required to be paid
at Closing,except as otherwise provided herein.
b. Closing Documents. Buyer and Seller shall sign and complete all customary or reasonably required documents at or before
Closing.
c. Closing Services Fee. Fees for real estate Closing services shall be paid at Closing by j Buyer Seller
X One-Half by Buyer and One-Half by Seller. L Other
d. Status Letter and Transfer Fees. Anyfees incident to the issuance of Association's statement assessments
i �
(Status Letter)shall be paid by Buyer I j Seller One-Half by Buyer and One-Half
ne HaI f by Seller. L^ I N/A
Any fees incident to the transfer from Seller to Buyer assessed by the Association (Association's Transfer Fee)shall be paid by
Buyer Seller I One-Half by Buyer and One-Half by Seller. I-30 N/A
e. Local Transfer Tax. The local transfer tax of - %of the Purchase Price shall be paid at Closing by
L 1 Buyer rHSeller I I One-Halt by Buyer and One-Half by Seller. LX]NIA '
f. Sales and Use Tax. Any sales and use tax that may accrue because of this transaction shall be paid when due by
• I I Buyer F1 Seller I I One-Half by Buyer and One-Half by Seller. LX I NIA
16. PRORATIONS. The following shall be prorated to Closing Date(§2c),except as otherwise provided:
a. Taxes. Personal property taxes,if any,and general real estate taxes for the year of Closing,based on
[—I Taxes for the Calendar Year Immediately Preceding Closing
X Most Recent Mill Levy and Most Recent Assessed Valuation
Other N/A
y Y LX� ,
--- --
b. Rents. Rents based on Pi Rents Actual) Received Accrued
Security deposits held by Seller shall be credited to Buyer. Seller shall assign all leases to Buyer and Buyer shall assume such leases.
NOT APPLICABLE ____ ___Ji_ -----
c. Association Assessments. Current regular Association assessments and Association dues(Association
Assessments)paid in advance shall be credited to Seller at Closing.Cash reserves held out of the regular Association Assessments for
deferred maintenance by the Association shall not be credited to Seller except as may be otherwise provided by the Governing
Documents.Any special assessment by the Association for improvements that have been installed as of the date of Buyer's signature
hereon shall be the obligation of Seller.Any other special assessment assessed prior to Closing Date(§2c)by the Association shall be
the obligation of 1 Buyer Seller. Seller represents that the amount of the Association Assessments is currently payable at
$ N/A per N/A and that there are no unpaid regular or special assessments against the Property except
the current regular assessments and except **NONE OTHER**
Such assessments are subject to change as provided in the Governing Documents.Seller agrees to promptly request the Association to
deliver to Buyer before Closing Date(§2c)a current Status Letter.
d. Other Proration. Water and sewer charges,interest on continuing loan,and
NOT APPLICABLE
e. Final Settlement. Unless otherwise agreed in writing,these prorations shall be final.
•The printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission.CBS1-10-0(Man6
1-07)
Buyer's Initials: Seller's Initials: f<d 1471 0718310240038
Rehkow Realty oascon cts 01993-2006Q05,Inc.1.900-795475
Prepared by Gerald G. Rehkow • • page 9 of 12
17. POSSESSION. Possession of the Property shall be delivered to Buyer on Possession Date and Possession Time(§2c),
subject to the following leases or tenancies: --NONE-- _-___ ----- -- --'
If Seller,after Closing,fails to deliver possession as specified,Seller shall be subject to eviction and shall be additionally liable to
�uyer for payment of $ $200.00_. per day (or any part of a day)from the Possession Date and Possession Time(§2c)until
possession is delivered.
Buyer Does r-i Does Not represent that Buyer will occupy the Property as Buyer's principal residence.
18. ASSIGNABILITY. This Contract CH Shall X ]Shall Not be assignable by Buyer without Sellers prior written
consent.Except as so restricted,this Contract shall inure to the benefit of and be binding upon the heirs,personal representatives,successors
and assigns of the parties.
19. INSURANCE; CONDITION OF,DAMAGE TO PROPERTY AND INCLUSIONS.
Except as otherwise provided in this Contract,the Property,Inclusions or both shall be delivered in the condition existing as of the date of this
Contract,ordinary wear and tear excepted.
a. Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or other casualty prior to Closing,in an amount
of not more than ten percent of the total Purchase Price,Seller shall be obligated to repair the same before Closing Date(§2c).In the event such
damage is not repaired within said time or if the damages exceed such sum,this Contract may be terminated at the option of Buyer by delivering
to Seller written notice of termination on or before Closing.Should Buyer elect to carry out this Contract despite such damage,at Closing,Buyer
shall be entitled to a credit for all insurance proceeds that were received by Seller(but not the Association,if any)resulting from such damage to
the Property and Inclusions,plus the amount of any deductible provided for in such insurance policy.Such credit shall not exceed the Purchase
Price. In the event Seller has not received such insurance proceeds prior to Closing,then Seller shall assign such proceeds,at Closing,plus
credit Buyer the amount of any deductible provided for in such insurance policy,but not to exceed the total Purchase Price.
b.Damage,Inclusions and Services. Should any Inclusion or service(including systems and components of the Property,e.g.
heating,plumbing,etc.)fail or be damaged between the date of this Contract and Closing or possession,whichever shall be earlier,then Seller
shall be liable for the repair or replacement of such Inclusion or service with a unit of similar size,age and quality,or ah equivalent credit,but only
to the extent that the maintenance or replacement of such Inclusion,service or fixture is not the responsibility of the Association,if any,less any
insurance proceeds received by Buyer covering such repair or replacement.Seller and Buyer are aware of the existence of pre-owned home
warranty programs that may be purchased and may cover the repair or replacement of such Inclusions.The risk of loss for damage to growing
crops by fire or other casualty shall be borne by the party entitled to the growing crops as provided in subsection 3a(7)and such party shall be
entitled to such insurance proceeds or benefits for the growing crops. -
• c. Walk-Through and Verification of Condition. Buyer,upon reasonable notice,shall have the right to walk through the Property
prior to Closing to verify that the physical condition of the Property and Inclusions complies with this Contract.
•
20. RECOMMENDATION OF LEGAL AND TAX COUNSEL. By signing this document,Buyer and Seller acknowledge that the
respective broker has advised that this document has important legal consequences and has recommended the examination of title and
consultation with legal and tax or other counsel before signing this Contract.
21. TIME OF ESSENCE.DEFAULT AND REMEDIES. Time is of the essence hereof.If any note or check received as Earnest
Money hereunder or any other payment due hereunder is not paid,honored or tendered when due,or if any obligation hereunder is not
performed or waived as herein provided,there shall be the following remedies:
a. If Buyer is in Default: •
pi (1) Specific Performance. Seller may elect to treat this Contract as canceled,in which case all Eamest Money
(whether or not paid by Buyer)shall be forfeited by Buyer,paid to Seller and retained by Seller;and Seller may recover such damages as may be
proper;or Seller may elect to treat this Contract as being in full force and effect and Seller shall have the right to specific performance or
damages,or both.
X (2) Liquidated Damages. All Earnest Money(whether or not paid by Buyer)shall be forfeited by Buyer,paid to Seller,
and retained by Seller. Both parties shall thereafter be released from all obligations hereunder.It is agreed that the Earnest Money specified in
§4 is LIQUIDATED DAMAGES,and not a penalty,which amount the parties agree is fair and reasonable and(except as provided in§§10e,
19,21c,22,23),said forfeiture shall be SELLER'S SOLE AND ONLY REMEDY for Buyer's failure to perform the obligations of this Contract.
Seller expressly waives the remedies of specific performance and additional damages.
b. If Seller is in Default: Buyer may elect to treat this Contract as canceled,in which case all Earnest Money received hereunder shall
be returned and Buyer may recover such damages as may be proper,or Buyer may elect to treat this Contract as being in full force and effect
and Buyer shall have the right to specific performance or damages,or both.
c. Cost and Expenses. In the event of any arbitration or litigation relating to this Contract,the arbitrator or court shall award to the
prevailing party all reasonable costs and expenses,including attorney and legal fees.
•he printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission.CBS1-10-06 .
(Mandatory 1-07)
Buyer's Initials: Seller's Initials: r' 1471 0718310240038
Rehkow Realty Oes Co cts O1993-2006 0e5Joo.1-800-795-7759
•
•
Prepared by Gerald G. Rehkow • page 10 of 1;
22. MEDIATION. If a dispute arises relating to this Contract,prior to or after Closing,and is not resolved,the parties shall first proceed
in good faith to submit the matter to mediation.Mediation is a process in which the parties meet with an impartial person who helps to resolve
the dispute informally and confidentially.Mediators cannot impose binding decisions.The parties to the dispute must agree before any
•settlement is binding.The parties will jointly appoint an acceptable mediator and will share equally in the cost of such mediation.The mediation,
unless otherwise agreed,shall terminate in the event the entire dispute is not resolved within 30 calendar days of the date written notice
requesting mediation is delivered by one party to the other at the party's last known address.This section shall not alter any date in this Contract,
unless otherwise agreed. I
23. EARNEST MONEY DISPUTE. Except as otherwise provided herein,Earnest Money Holder shall release the Earnest Money as
directed by written mutual instructions,signed by both Buyer and Seller.In the event of any controversy regarding the Earnest Money
(notwithstanding any termination of this Contract),Earnest Money Holder shall not be required to take any action.Earnest Money Holder,at its
option and sole discretion,may: (a)await any proceeding,(b)interplead all parties and deposit Earnest Money into a court of competent
jurisdiction and shall recover court costs and reasonable attorney and legal fees,or(c)deliver written notice to Buyer and Seller that unless
Earnest Money Holder receives a copy of the Summons and Complaint or Claim(between Buyer and Seller),containing the case number of
the lawsuit(Lawsuit)within 120 calendar days of Earnest Money Holder's written notice to the parties,Earnest Money polder shall be authorized
to return the Earnest Money to Buyer.In the event Earnest Money Holder does receive a copy of the Lawsuit,and has not interpled the monies
at the time of any Order,Eamest Money Holder shall disburse the Earnest Money pursuant to the Order of the Court.The parties reaffirm the
obligation of Mediation(§22).
24. TERMINATION. In the event this Contract is terminated,all Earnest Money received hereunder shall be returned and the parties
shall be relieved of all obligations hereunder,subject to§§10e,22 and 23.
25. ADDITIONAL PROVISIONS.
(The following additional provisions have not been approved by the Colorado Real Estate Commission.)
a. This contract is expressly contingent upon Buyer obtaining the following approvals and/or satisfactions within 150
days from mutual acceptance of the contract(MAC).If any of the following approvals and/or satisfactions are not
obtained within the time specified, then,at Buyers sole decretion, the Buyer shall give written notice to the Seller, that
this contract is null and void, the earnest money shall be returned to the Buyer,and both parties released from this
contract
1. Obtaining a Special Use Permit to use the property as a church, from Weld County, Colorado.
2. Obtaining a satisfactory cost estimate of proposed modification to the property for church use.
3. Obtaing satisfactory approval of a loan from the Mission Investment Fund of Evangelical Lutheran Church in
America.
•4. Obtaining a final vote of approval from the Rejoice Lutheran Church congregation.
b. The Seller agrees to pay Rehkow Realty a real estate sales commission of$24,000.00,at closing.
i
26. ENTIRE AGREEMENT.MODIFICATION.SURVIVAL. This agreement constitutes the entire Contract between the parties relating
to the subject hereof,and any prior agreements pertaining thereto,whether oral or written,have been merged and integrated into this Contract.
No subsequent modification of any of the terms of this Contract shall be valid,binding upon the parties,or enforceable unless made in writing
and signed by the parties. Any obligation in this Contract that,by its terms,is intended to be performed after termination or Closing shall survive
the same.
27. FORECLOSURE DISCLOSURE AND PROTECTION. Seller acknowledges that,to Sellers current actual knowledge,the Property
r1 IS X IS NOT in foreclosure. In the event this transaction is subject to the provisions of the Colorado Foreclosure Protection Act
(the Act)(i.e.,generally the Act requires that the Property is residential,in foreclosure,and Buyer does not reside In it for at least 1 year),a
different contract that complies with the provisions of the Act is required,and this Contract shall be void and of no effect unless the Foreclosure
Property Addendum is executed by all parties concurrent with the signing of this Contract.The parties are further advised to consult with their
own attorney.
28. NOTICE.DELIVERY AND CHOICE OF LAW.
a.Physical Delivery. Except for the notice requesting mediation described in§22,delivered after Closing,and except as provided in
§28b below,all notices must be in writing. Any notice to Buyer shall be effective when received by Buyer or by Selling Brokerage Firm,
and any notice to Seller shall be effective when physically received by Seller or Listing Brokerage Firm.
b.Electronic Delivery. As an alternative to physical delivery,any signed document and written notice may be delivered in electronic form
by the following indicated methods only:
Xj Facsimile I E-mail I No Electronic Delivery.
Documents with original signatures shall be provided upon request of any party.
eche printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission.CBS1-10-06
(Mandatory 1-07)
Buyers Initials: Seller's Initials: 1471 0718310240038
Rehkow Realty oasco o- 5 O 1983-2005 00$,Ir!c.1-800-795-7759
• page 11 of 12
Prepared by Gerald G. Rehkow •
c.Choice of Law. This Contract and all disputes arising hereunder shall be governed by and construed in accordance with the laws
of the State of Colorado that would be applicable to Colorado residents who sign a contract in this state for property located in Colorado.
•29. NOTICE OF ACCEPTANCE,COUNTERPARTS. This proposal shall expire unless accepted in writing,by Buyer and Seller,
as evidenced by their signatures below,and the offering party receives notice of acceptance pursuant to§28 on or before Acceptance Deadline
Date(§2c)and Acceptance Deadline Time(§2c). If accepted,this document shall become a contract between Seller and Buyer. A copy of
this document may e executed by each party,separately,and when each party has executed a copy thereof,such copies taken together shall be
deemed to be a f and plete ontract between the parties.
Date of signature_ - �7
lv 111111/�
Buyer: joi e Luth-ran Ch.rch
Date of signature_
Buyer:
Buyer's Address:
Buyer's Phone No: 303-913-7070 ' Fax No:303-828-3953 Email Address _--_-. -------
[NOTE: If this offer is being countered or rejected,do not sign this document. Refer to§30]
S.Oe-%A4 Date of signature 7/O
Seller York G ''
Date of signature
Seller:
Seller's Address: 3413 Lowell Lane, Erie, CO, 80516, USA — - -- -- -
Seller's Phone No: 303-775-8717 Fax No: Email Address
30. COUNTER; REJECTION. This offer is I _i Countered I Rejected.
Initials only of party(Buyer or Seller)who countered or rejected offer —
END OF CONTRACT
Note:Closing Instructions and Earnest Money Receipt should be signed on or before Title Deadline(§2c).
ap The printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission.CBS1-10-06
(Man6ry 1-07)
1471 0718621560039
Rehkow Realty 10:16 PM 7/5/2007 os8Contracts O 1993-2096 O55.inc.1-eoa795-n:
•Prepared by Gerald G. Rehkow page 12 of 1:
SELLING BROKER'S ACKNOWLEDGMENTS AND COMPENSATION DISCLOSURE.
(To be completed by Selling Broker)
• Selling Broker X Does L Does Not acknowledge receipt of Earnest Money deposit specified in§4 and,while not a party to
the Contract,agrees to cooperate upon request with any mediation conducted under §22.
Selling Broker is working with Buyer as a [X I Buyer's Agent I TransactIon-Broker in this transaction.
L J This is a Change of Status.
Seller LX Is L 1 Is Not a customer working with Selling Broker as a Buyers Agent.
Selling Brokerage Firm's compensation or commission is to be paid by L. I Listing Brokerage Firm FLBuyer
X Other Seller _. - -- ---_---- --
Selling Brokerage Firm's Name: Rehkow Re lty
Date: 7J-_.
Broker: Gerald G. Rehkow
Address: 1777 Larimer Street,Suite#810
Denver,Colorado 80202
Phone No: (303)296-1190 —_
Fax No: (30396-1191 __
Email Address: _—
LISTING BROKER'S ACKNOWLEDGMENTS AND COMPENSATION DISCLOSURE.
• (To be completed by Listing Broker)
Listing Broker r�1 Does F—L Does Not acknowledge receipt of Eamest Money deposit specified in§4 and,while not a party to
the Contract,agrees to cooperate upon request with any mediation conducted under §22.
Listing Broker is working with Seller as a Seller's Agent J Transaction-Broker in this transaction.
LThis• is a Change of Status.
Buyer rH Is Is Not a customer working with Listing Broker as a Sellers Agent. !!
Listing Brokerage Firm's compensation or commission is to be paid by 'Seller F1 Buyer ;.
Other
Listing Brokerage Firm's Name: .---
Date: _-- ..---
Broker:
Address:
Phone No: — ---
Fax No:
Email Address:
iiiThe printed portions of this form,except differentiated additions,have been approved by the Colorado Real Estate Commission.CBS1-10-06
(Mandatory 1-07)
1471 0718621560039
Rehkow Realty 10:16 PM 7/5/2007 oesContracts o199s-20oeoea,inc 1-800-795-715
CERTIFICATE OF CONVEYANCES WELD COUNTY
• STATE OF COLORADO DEPARTMENT OF PLANNING SERVICES
COUNTY OF WELD
Land Title Order No.: York
The Land Title Guarantee Company TITLE INSURANCE or ABSTRACT COMPANY hereby
certifies that it has made a careful search of its records, and finds the following conveyances
affecting the real estate described herein since August 30, 1972, and the most recent deed recorded
prior to August 30, 1972.
Legal Description: Lot 5, Block 4,Ranch Eggs, Inc., Subdivision Filing No. Two, County of Weld,
State of Colorado.
CONVEYANCES (if none appear, so state):
Reception No. 1549043 , Book 627
Reception No. 1624169 , Book 702
Reception No. 1899648 , Book 974
Reception No. 2577846 , Book 1634
This Certificate is made for the use and benefit of the Department of Planning Services of Weld
County, Colorado.
• This Certificate is not to be construed as an Abstract of Title, nor an opinion of Title, nor a
guarantee Title, and the liability of Land Title Guarantee COMPANY, is hereby limited to the fee
paid for this Certificate.
It Witness Whereof, Land Title Guarantee COMPANY, has caused this certificate to be signed by
its proper officer this 5`h day of September, 2007 at 5:00 o'clock P.M.
LAND TITLE GUARANTEE NCO MPANY
AfBY: 1.1.1 ahK
Kern Allison
Title Examiner
•
y r
.
4' r.
a Lemke as_ 9:4j-"r...drr D.la. JUN .2 191U....... _._ r
• '" sxr e.eA.
in tow Yw. tee 7fff4trO�9 "'B' so°M!' ,e.e.. a
r ,_,
William H. Bickell II,
i - ,I
1 whew ears II . •
e' Comb ef Boulder ,red Stzae et II . . ..
to - Colorado ,few the easddsrs*e of TIn--_ .1 . ..
:r
' dellen,v heed ask!,hereby sell(e) sod emarey(n)'o
r
vas The 257 Land Company, a Colorado corporationy-t �' - - --r
'e1 whose Wdraw ls , Catwty of i, .
44
w Boulder ,and Beets of Colorado the following reel property Le the H,
N
a
Coosa of Weld ,red 8ts4 .w tw at Colorado,
• o
(d The following lots in Ranch Eggs Subdivisicn Filing No. 2: iI '`
ar Lots 4, 5, 6, 7 and 8. Block'4; 'Lota Z. 3, 4, 5, 6, 7 a..,i
8. Block 3; Lot 1, Block 2; Lot 5 lea the South 180 feet
+A' of the West 230 feet, Block 2; Lot 8 less the South 184
feet of the West 230 feet, Bloch 2; Lot 7 less the North -- ,
230 feet of the West 180 feet, Block I; Lot 8 less the • .
South 230 feet of the West 180 feet, Block ULot 5, EXCEPT
the South 180 feet of the east 230 feet thereof, in
Block 1; Lot 6, except the South 184 feet of the ea-
- ee.
West 230 Feet thereof, in- Block 1. _
with snits sppsbsaeees,sad vervain(*) the title Le the raw,sob**le ea :.ments and
t unpaid taxes.
Sired this 3rd dsy of June ,III70
A).44144.4-1S
William H. Bickell
ETATS OF COLORADO, Ilj
one?of Boulder l-
en
Tbe lenge*fsttrmsst was aeSewledgc,i b.lors an tin, -
ds r June •1.70 .kr William H. Bickell
e fled end duo oral. •-le •
7`\0,�c?
err rwr
�� egg,�.ynw• er�dr.I'E n�''" F.e.Er a s Sall'e.11Cw�i!'r- Ii ,
= d .
N.in.wow sees-m—t row.e••tw.0.and*INC—swrt AYYl.a 0•.109144 sent aMAa a•we,Moab
/CYO •,t
d
�• •• t - • 3" �' N0V 2 197 -,. 4.,
�, teeevded at..._....._T..`._�y._,y...�og e�l°«pL .Y., .___._..__._.._.._....___...._.._._............_._ _..
' N BOOK ■menthe No_......_...ds.Y.H: 169 ANN SeOMtg Itsaorder. 0 e
_f art
I
Tins DEED, Made this 29th day of October IteeeNeYa6Wp
19 73batweee .K.
I
The 257 Land Company o-
.-• 4
' •corporation duly organised and existing under and by virtue of the laws
..p I 1 'bx,.
eT of the Stated Colorado of the first part,and I
, Wendell I)cr, . Stahl and Arlene A. Stahl e I
y
,.14 of ths County of and State of t'
C..1 Colorado of the second part: q'.
J es r;
et
ee•il WITNESSETH,That the said party of the first part,for and in consideration of the rum of
- NI ' Five Thousand and no/I00 DOLLARS, I • •
to the said party of the first part in hand paid by the said part ies of the second part,the receipt whereof is here-
- - t— by confessed and acknowledged,bath granted,bargained,sold and conveyed,and by these presents doth grant,bar- '°
- t .t gain,sell,convey and confirm unto the said part ies of the second Dart,their heirs,and assigns for- r •
0 o ever,all of the following described lot or parcel of land,situate,lying and being in the o f.,
p 0 county of Weld and State of Colorado,to wit: U , K m
1v Lot 5, Mock 4, Y
I Ranch Eggs, Inc. Subdivision, ri
Filing No, 2; i
Stole Documentary Fee f
NOV 2 19n j •Dale...... .... ._..........__. i
r $._._. C,.a.Q.._.._.._. ..
TOGETHER with all and singular the hereditament. and appurtenances thereunto belonging, or in anywise
appertaining, and the reversion or reversions, remainders, rents, issues and profits thereof; and all the estate,
o right, title, interest,claim and demand whatsoever of the said party of the first part,either in law or equity,of,in Nq;�.
and to the above bargained premises with the hereditamenta end appurtenances. "{
• TO HAVE AND TO HOLD the said premises above bargained and described, with the appurtenance. unto the }
47
said part les of the second part their heirs and assigns forever.And the said 1I
F
' -- party of the first part, for itself
_- .� and its successors,doth covenant.grant, bargain,and agree to and with the said part ies of the second part, .,.te
their heirs and assigns,that at the time of the ensealing and delivery of these present. it is well
seised of the premises above conveyed,as of a good,sure,perfect,absolute and indefeasible estate of inheritance,in la,`
.� . .. law,in fee simple,and bath food right,full power and lawful authority to grant, bargain,sell end convey the same .7'<
in manner and form aforesaid,and that the same are free and clear from all former and other greats, bargains, 't{
- - - sales,liens,taxes,amassment.and incumbrances of whatever kind or nature soarer: except taxes for '
,� 1973 due in 1974 which grantees assumeand agree to pay; and subject to all
easements; ..•
.?
I R Ilt'lti
ftv
• and the above bargained premises in the quiet and peaceable possession of tto said pert 'Cs of the second part ■ �tt n,
r Choi hei A usigne- Inet ail end ov s....
c.v a. ..,errs..le,.,n.. l.,„tp—_• ._ _,_,_ the whole 'et.d�s�� tw
-er part ereof,the said party-oftce first part shall and will WAGRANT AND FOREVER DEFEND.
+ - , any es '
IN WITNESS WHEREOF,Tb-said party of the first part bath canoed its corporate name to be hereunto `
el ' r 7 Secretary,by its / President and Its corporate affixed,attested by its �T
iT Secretary,the 7 and{year m above written. 25 :-
e
Attesk _. t °
seal hereunto
�� t
14 _.. ie.rn: . D .FiNY e , y
, I1 ice . ., 'i
... O STATE OF COLORADO, V !h°,;�. i
aa.
C; _._..._._..._ Conaty of liculf r .r: w.,
Tp1.Sgoiej'4nmmt was selmowledged before me Iliad29th dayof October i• ..
19 .? •4s► n N. Johnson al Vice Preadult and iiS.C,,'_,. Vj
,t�' Orb C. Mapple se Secretary ad s' r..
.key'• l I257 Land Comp any •corporation. '
• MgaeW alcostaWb•asptsea April 19 1977
► e Wits mg,Yetrud efDdat
Wean?WY.
:1/4„,„
No.at wAIWTn aa--onaeneko.—e,ssse NIalaket Q..IS4t grit teas.Dew.61w&—Fn
F,
,
Y
•
�.
AR1A9964E 1 I;lull
of
THIS DEED. mad.Inv 20th,m:-,e July ',Ay FILING SEUII'
Roan, Wendell D. Stub' and An ,,no A. Stahl
rrr:lu 1'r. Ideld
rrr reram,..,nn,-imenar..and Wendell 0. Stahl and Arlene A.
Stahl, Joint Tenant!„
sculieldinout 3410 Johnson Lane, Eric, Colorado 80316.d,rrmin.nt'.n...r.rvm.I vra,P
119.FESei:Tll.n 1 ai:I1ano,.T e:ur,n,n..'] .I.I..eri, r r.l...reeer 510.00
TIC: AND SO/100 D('LI.ARS
'0 ann .1., .l a,d vr. '1 „nd..rn, .. J...rrl nn./ r I.n,.:l,�, .1 dpa,.11.y r.lar.rr„nl✓
.e�. r . rn .r rr „ ran �1 • r. ....I.0 r4lr r,l,r.l lrt .vd o„
lar.l -rn unrl lnae nllrr. , n,I Weld „r.r.� , Irrrvrlar.veto
Lot 5, Block 4, Ranch Eggs, Inc. Subdivision, Filing No. 2;
(CORRECTIVE DEED - NO NEW CONSIDERATION)
T,ri9TII11H,,rb:r rl .anl.r.l , a u...ru n.r,.r J : .. noon n
• I' I
u l.... .,I I ,-,a.r,� l rmAri I ..,dal rn lxw. r .. .nni Ln•
and payable January I, 1982 and ral pnrparry taxes in all
subsequent v s; and except all e, nts rights-of- restrictions,
re
strictive toyenrnts, and ;toning ordinances or restriction, appearing
of record.
r -,
• ISEALI
.
L: //7
Wendell( 0. S[P 1..... vEJll
,
�_ G�eO - , :TALI
Arlene ;(17Srahl
f1
lemon
d) Wendell o. Stahl ncQ InYe . Stahl.
•
3 co•
• "• ,t . 1700 Wadsworth Landwood, Col rod 5!)'15
a
• .
•
• .�
$`ko aell388o».Py'M 4 P-"3R §'I&°54s,Ra.8 S2EYec k Reenrder t&o Q? o
THIS DEED , Made this day of October 31, 1997
•
between
WEN7ELL D. Slam. and ARIBA A. STAH.
9
P
of the County of ADAMS and State of
STATE DOCUMENTARY FEE
Colorado of the first part, end Data I0I31 IR'7 _ a
minds-S. YrSX -
4608 ABREAST ROAD
• whose Legal address is TILE PARR )Y) 20740
of the County of and State of Colorado, of the second pert.
WITNESSETH, That the said party of the first part, for end in consideration of the sun of (****$98,000.00)
NINETY EIGHT THOUSAND DOLLARS AND 00/100TNS
to the said party of the first part in hand paid by the said party of the second part, the receipt whereof is hereby
acknowledged and confessed, has bargained, granted, sold and conveyed, and by these presents does grant, bargain, sell,
convey and confirm, unto the said party of the second part, his heirs and assigns forever, all the following described lot
or parcel of land, situate, lying and being in the
County of WEED end State of Colorado to wit:
G$Lot 5, Block 4, RAN EMS, INC., S®InVLsICK FILDE ND. 1WJ, =71Y OF SAD,
STARE OF COILRADO.
TOGETHER WITH ALL RIGHT TITLE AND INTEREST IN AND TO ANY OIL, GAS
AND MINERAL RIGHTS OWNED BY THE GRANTOR HEREIN.
also known as street nurber VACANT LAND -LOT 5, EICCIC 4 RALLE EMS INC, SOBDIVISICN FILIbn IZ) 1W
TOGETHER with all and singular and herediteeents and appurtenances thereto belonging, or in anywise appertaining
and the reversion end reversions, remainder and remainders, rents, issues and profits thereof; and ail the estate,
right, title, interest, claim end demand whatsoever of the said party of the first part, either in law or equity,of,
in and to the above bargained premises, with the hereditements and appurtenances.
TO HAVE AND TO HOLD the said premises above bargained end described, with the appurtenances, unto the said party of
the second part, his heirs and assigns forever. Ard the said party of the first part, for himself, his heirs, executors,
and-administrators, does covenant, grant, bargain, and agree to and withthe said party of the second part, his heirs and
assigns, that at the time of the ensealing and delivery of these presents, he is well seized of the premises above
conveyed, has good, sure, perfect, absolute and Indefeasible estate of inheritance, in law, in fee simple, and has good
right, full power end lawful authority to grant, bargain, sell and convey the same in manner and form as aforesaid, and
that the sane ere free and clear from all former and other grants, bargains, sales, liens, taxes, assessments and
encumbrances of whatever kind or nature soever;
EXCEPT GENERAL TAXES AND ASSESSMENTS FOR THE YEAR 1997 AND SUBSEQUENT TEARS, AND SI.JECT TO EASEMENTS, RESERVATIONS,
RESTRICTIONS, COVENANTS AND RIGHTS OF NAY OF RECORD, IF ANY;
and the aboved bargained premises in the quiet and peaceable possession of said party of the second part, his heirs and
assigns against all and every person or persons lawfully claiming or to claim the Mole or any part thereof, the said
party of the first part shall and will WARRANT MID FOREVER DEFEND. The singular nutter shall include the plural,
the plural the singular, and the use of any gender shall be applicable to all genders.
IN WITNESS WHEREOF, the said party of the first part has hereuito set his hand and seal the day end year first above
written.
4 (SEAL)
(SEAL)'
STATE OF COLORADO
county of I (SEAL)
BOOMER > as.
The foregoing instrument was acknowlegled before ire on this day of October 31, 1997
, by NEWEL D. grim and ARLENE A. STAHI.
My commission expires AuguBt 02, 2001
Witness my hand and official a
ROXANNE L.HENNINGSEN CLl//'ri
NOTARY PUBLIC Notary Public
STATE OF COLORADO
•' My Contusion u*noa/OZ/2001
Form WD WARRANTY DEED - For Photographic Record Lear 1 TLE 9842574
5179WCy.;.?79 Et:17981k r, ,
SKLD LG SKL10271 WE 2577846-1997 . 001
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