HomeMy WebLinkAbout972667.tiffB 1292 REC 02243232 _.,/07/91 ,10:06 45.00 1/001
AR243232 F 0766 MARY ANN FEUERSTEIN CLERK 6 RECORDER WELD CO, CO.
QUIT CLAIM DEED
THIS DEED. Made this 27th day of December . le 90.
hCINKn HARRY FRANK and ELVERA K. FRANK. husband and
vi le
of the 'Cmtmy of L.irimer
Catamlo. gmnnuhk and
THE FRANK FAMILY PARTNERSHIP
and Slate of
CONSIDERATION LESS TITAN
$500.00
whoscicgaladdrcssb 6538 E. U.S. Highway 34, Loveland, CO
80537 •
of the - County of Latimer - and State of Cohwado. gantccYst
WITNESSEiN. That the gramanst.h,raad in nmnukr+ahm of the sum of LOVE AND AFFECTION and
TEN ($10.00) DOLLARS'
the receipt and sufficiency of slid, is hereby acknwrkdgtl. have remised. reka +1. sold. amsa)ed and QUIT CLAIMED. aml by
these presents do manic. micro. sells -tinny and QUIT CLAIM unt., the grans -mist its heirs. successors and assigns.
• titterer. all the right. title. interest. claim and demand slick the pam.mst ha Ve in and to the real propertps KWh= with f
improvements. irony. situate. lying and being in the County of Weld and State
Colorado. described as follows: .
•
The Northwest Quarter of Section Eight (NW'.: Section 8), Township Five North,'
Range 67 West of the 6th P.N., except those parcels thereof (containing I acre
more or less) located in the N.W. corner of said Northwest Quarter and conveyed
to School District No. 22, as described in deeds recorded in Book 194, Page 377
and in Book 655, Page 283; together with one right, or eight shares of Greeley
• and Loveland Irrigation Company; One right Loveland and Greeley Reservoir, and
Fifteen shares capital stock of the Big Cut Lateral & Ditch Company; and 100 acre
feet of the Northern Colorado Water Conservancy District allotment, subject to
reservations, exceptions and conditions of record.
also known 1w street and number as:
TO HAVE AND TO HOLD the sanw. together with all and singular the appurtenances and privileges th tvuhto belonging or in
anywise thereunto appenaining. and all the estate. right. title. intenstanl claim whatn tr. tithe gan.mak tither in lawatgeity. m
the only proper use. benefit and hehoof of the genet**. its heirs and assigns fixate. ' •
IN WITNESS WHEREOF. The granttmsi have mowed this deed on the ilte set limb above.
STATE OF COLORADO.
/i
4. ..t r. ..
County of Boulder
The foregoing imtmment waacknmridged Itf mnn this 27 Ch
by
My commission calm:
•If in Derkswr. I wE'Ciiy ann.-
No. 9}J. . osieri . oat "taLoy ter,
Jay of December
. I9 . Wiens my hand and official seal.
.1990.
f •corpse V. Fewton
3L00 Arannhoe Ave. P500
Boulder, CO 80303
972667
EXHIBIT
I 13
z-50'7
fine primed parnium.l this form-exapr (italicised, tdirferenttatall Mdkeas,
hale been appr.wN by the Coincide Real Estate ('.aumiuim. (CBS 3-1-94)
FORM OA:. Ix1NtnTAd f LEGAL CONSFOllEMTSANUTIEMRIIFSSIMMILUCONSULT LEGAL Afifttx(tM• IIMMl1UNSEL OFFONEAG]Of,
I. PARTIES AND PROPERTY.
VACANT LAND/FARM AND RANCH
CONTRACT TO BUY AND SELL REAL ESTATE
-� /' err Ig 9r
/1.7- G; y lento -Psi } LAG
bas et(s) (Bus'n41n joint tenants(tenants in ere mmunl
agree to buy. and the undenig reliefs) (Seller]. agrees to sell, on the terms and conditions set font in this coronet, the following described real
estate in the County of .Z%j Colorado, to wit: -Q, slE,d g• Si'..C l
ktownasr4o e/fl Ccunf' Edo iC /L, 1ilzld &L'n(tG/f I a60 U)/„Jie-. Co
mem. Citytogether with all interof Seller in vacated tonthereto,
toners and alleys adjacent all e _
n
easements otter appunenarca thereto, all imams* ys'‘,
thaeoe and all attached fixtures thereon. except as herein excluded (colkctisay the Property)
2, INCLUSIONS/EXCLUSIONS. The purchaa price includes the following items (a) numbed to the Property on the ...ye of this con-
tract fighting. hating. plumbing, ventilating, and air conditioning fixtures, TV antenna water tamers, smole/fsrWunglar h arrn. sagrin
data imde telephone wiring and connecting blocksyacks, Plants, minors. floor coverings, intercom sywans, itwn kitchen appliances. sprinkler
systems and contras, built-in vacuum systems (including a®ories), and wage door openers Makingr(! mine onntmk: (b% if on the
Property whether attached or not on the date a this contract storm windows, storm doors, window and parch shad¢ awning blinds, screens.
cvntin rods, drapery rodsfireplace inserts, fireplace scorns. fireplace grass, hating stoves. storage sheds all ken and Id
IVO Iajr'IsVZnfe4ti On la.td AJAX,
(d) Wear Ridnn Purchase price to include the following water rights
/'/Del e
(e) Crewing Cep.' With respect totbe poring crops Seas and Buyer agree as follows
At
The above -thaws -bed included item, (Inclusions) are to be conveyed to Burr by Seller by bill of We
deed orotbe applicable legal instrunlent(s) at the dosing, free and deer of WI taxes, lieu and encumbrances acem as provided in Section 1_ The
fallowing attached fixtures are alluded from this sake
S. PURCHASE PRICE AND TERMS. The purchase prior shall be $ 7o Olen payable in US. dollars by Buyer as
follows (Complete the applicable terms below.)
(a) Eunesr Marty. )
S in/) rform in the of Ghee asearnest money deposit and part payment tithe purchase
price, payable to and held by broker. in its trust
amount on beta( of bah Seller and Buyer. Burka is authorized to de inethe canto money deposit to de dosing agent. if any, at orbefore dosing.
The Wan= o(S *j 9t1Tr. c' Iwrhase price lea wisest money) shall be paid as alma
(bl Casa et Cktahng,
f plus dosing coststo be paid by Buyer as closing in funds which mmlly wth all applicable Colorado laws. nigh
include aa electronic transfer funds. certified chat savings and loan teller's check. and cashier's chck(Good Fundsk Subject to the pros in. ins of
Section 0, if the existing loan balance at the time of dosing shall be different from the loan balance in Section 3. the adjustment shall be made tan
Good Funds at closing or paid as follows
Ina
S by Buyer obtaining a new loan. This loan will be awed by a (IA 2ndetc.) deed of :rust.
The ban shall he among - r a period of years at apmlainutelv S per
',Madill{ Praia and interest not to etc % per annum, plus. if required by Buyer's lender, a deposit of
of theestimated annual real estate taxes, proprnymama cum, and mortgage insurance premium tithe loan is an adjustable intent rude or
graduated payment loan, the payments and interest rate initially shall n ' b the figures set forth oboe.
Loan discount points. If any. shall be paid to lender at closing and shall as ms' %nf the moat Wan amount. Notwithstand-
ing the loan's 'most rate. the lint loan discount points shall be paid by
and the balance, if any, shall be paid by
Buyer shall timely pay a loan onginatbn lee tut in exceed'! f the loan amount and Rusert loan rose-—
L p /
YLL CIk5YI-W. \')IANI' LAN Ilan N.M M AND NA'IICUNIAALT TO SOY ANU%El.I. MEAL iNIAFF Pole lad ^ /.T Y '
Ianal
amdford Yua.Jn.y- i 74 Wawa St. Denim. t Ilvn.`U! —131111192.2SM__!y
972667
n,Vrr,n.
by: Buyer's assumig.uW agreeing to Pp in anone Too.; in lluivpm.i:n.ne nNtllnl. Yrtmmh r.nl'icn
j_ ,.r tit in ne principal. ottann,nwaidi
annum. and including escrow tow the lldlmviee a unhu s,. . al estaic taxes. ❑ prnixrb mwtranet premium. monsoce insurance memo, m. and
thud c
m pay wmm�ier fee mg toanedS Al the time .T assumption. thehis ... rowdull rim cored Per minim
and the tau payment shall not exceeds Principal and inieRYt. plus eisnow. it am.
Seller J shall II shall not Ix released from liability on said loan,Ifappircable. compliance with the requirements for release li,•m ,all lv as wlnrend
by delnvn ai closing of an appropriate letter from tender. Cost payable for release of liability shall be paid by
in an amount not to c+eeed S
(et ealer tic Private Third -Partly Financing. .u� C' k (J
i by Buyer emoting a promissory note payal(le 5 . Fran %_LLM r�y rG / • i, ani _it'
on the note�lrrnt as indicated: (Check tine hs only.)
1 Rlahbto-Cum NTD gn-11-83 )(No iht-Inure NTD 81-11-81 ]
inured by a (1st. 2nd. etc.) deed of tout encumbering the Property, using the form as indicated: (Check one his only:)
,—Stott Clueon-Sale ITD 1r_-11-831 0 Creditworthy (TD 13-11-831 ❑ Assumable - Not due on sale (TD 111123)
The promissory now shall be amortized on the basis ojr years. payable at S
including Principal and interest at the rate of 4.4 TT Y vA %per annum. Payments shall commence f
and shall be due on th2"lij 7 day of each succeeding Xgav a . Ifnet sooner paid, the balance of principal and
accrued interest shall be due and payable (( t after elating Pa meets /dull C shall not be
increased by of estimated annual real estate taxes and C shai: 0 shall not he increased by of estimated annual property
insutne premium. s
The loan shall also contain the following terms as indicated: If any payment is not received within /e) sakndar days alter its due date, a late charge of
I %of such payment shall be due. Interest on lenderdisbotsemenu under the deed of trust shall be / %per annum. Default interest
tau shall he
"b per annum.
Buyer may prepay without a penalty except
FINANCING CONDITIONS AND OBLIGATIONS.
(a) • Applfatloa(s). If Buyer is to pay all or part of the purchase price as set forth in Section 3 by obtaining a new Iron or if an muting loan is not to be
released at Buyer. if required by such lender, shall make written application within calendar days-rom acceptance ofthismmrsct. Buyer shall
cooperate with I - and lender to obtain loan approval, diligently and timely pursue same in good faith, saute all documents and (tamsh all information and
documents required by lender, and, subject to Section 3. timely pay the costs of obtaining such loan or leader consent
(6) Las Appton,. BB , is to pay all or part of die purchase price by obtaining a new loan as specified in Section 3, this contract is conditional upon lender's
approval of the new ban on or be 19 If not to approved by said date. this contract shall terminate.
(e) Existing Lean Review. If an a- rig loan is not to be released at dosing. Seller Mall provide caplet of the loan documents including note, deed of taunt,
ntodifiouonsl to Buyer within v • tlays from acceptance of this contract This contract is conditional upon Buyers review and approval of the
provisions of such loan documents Buyer conse to the provisims of such loan documents if no written objection is reteisd by Seiler from Buyer within
calendar days from Buyer's receipt or documents lithe lenda's approval of a transkr of the Property is required. this contract isconditional
upon Buyer's obtaining such approval without change in t of such loan, except as set forth in Section 3. If lender's approval is not obtained on or before
19 this coo - be terminated on such date. If Seller is to be released from liability under such costing wan
and Buyer does not obtain such compliance as set forth in Section 3, o. • nlract may be terminated as Seller's option
(dl Assumption Balance. If Buyer is to pay all or pan of the purchase • . by assuming an existing loan and if the actual principal balance of the existing loan at
the date of closing is less than the amount in Section 3 and the amount of cash ecq '. • from Buyer at closing is increased by more than i
then gayer may terminate this contract effective upon rapt by Seller of Buyer's writs notice of termination.
(el Credit Information, If Buyer is to pay all or part of the purchase pnce by arm promissory note in favor of Seller or if an existing loan n not to be
released at closing. this contract is conditional upon Seller's approval of Buyer's financial abuts • creditworthiness which approval shall be at Sellers sole and
absolute disemiaa In such ease: (I) Buyer shall supply to Seller on or before 19 at Buyers expense, information and
documents concerning Buyer's financial, employment and credit condition: III Buyer consents that Seller verify Buyer's financial ability arid creditworthiness:
(3) any such information and documents received by Seller shall be held by Seller in confidence. and not rel-- • to Wins escepfm Protect Seller's intent in
this transaction: (41 if Seller does not provide written notice of Seller's disapproval to Buyer on or before 19
then Seller waists this condition. If Seller does provide written notice of disapproval to Buyer on or before said datethis , shall terminate,
S. APPRAISAL PROVISION. (Check one boa only.) This Section 5 7shall 7 shall not apply.
If this Seron S applies, as indicated above. Buyer shall have the right to terminate this contract ti the purchaae price exceeds the Pr re's valuation determined
by an appraiser engaged by If Seller receive as • of such appraisal or
written notice Iran kids which confirms the Property's valuation u less than the purchase price on or before
vitiate, Deadline). this contract shall terminate Buyer shall have the privilege and option of proceeding with consummation of this contract withau garo to the
amount of the appraised valuation. Upon closing. Buyer waives any objection to the Property's valuation.
6. COST OF APPRAISAL Cost of any appraisal to be obtained after the date of this contract shall he timely paid by
7. PCT ASSIGNABLE. This convect shall not be assignable by Buyer without Seller's prior w riven consent. Except as tat riot:iced. this contract -nat inure
to the Knell of and be binding upon the heirs. personal representativ¢ successors and assigns of Mc parties.
8, EVIDENCE OF TITLE. Scher shall furnish in Buyer, at Sellers expense. either a current commitment for owner's !ice insurance policy :n an _mount
equal m the purchase price or at Seller's choice. an abstract of title certified to a current date, on or hefore
critic Deadline). If a title insurance commitment is furnished. lisscr may required Solar tau
copies or -instruments for abstracts of instruments) listed in the schedule of exceptions (Exceptions) in the title insurance commitment also be furnished vt Buyer at
Sellers expense. This requirement shall pertain surly ro instruments shown of record in the office of the clerk and recorder of the designated county or counties. The
title mwrince commitment, together with any copies tar abstracts of instruments furnished pursuant to this Sclion 8, constitute Me title documents IT, de Docu-
ments,. Buyer. sir Buyer's designee, must request Seller. in wnling to furnish conics or abstracts 'if instruments listed in the schedule of exceptions 5';I iter than
calendar Jays alter Tide Deadline. If Seiler furnishes a title insurance commitment. Seller will pay the premium al eta rang and have the title insumnse
poliss delivered to Buyer as soon as practicable aticr toning.
9. flIt.h:,
1.1 Isle Review. Buyer shill have the ride to ossma the fide Documents or abstract. Written nonce by Buyer of unmescha nobility of title err •d .ms other
uthatisiattory tale cnndilism sbnwn by the rids Documents or abstract shall he signed by Of tan henall of Buyer and given to SIcr :in heron: _--' :chi
olar
days attLte Deadline, tar wtihis live III calendar days alter receipt by Mod of any Ilk I)-,tmrienthl,ir endor ementtsi adding new Exceptand sl u, me title
cs,mmgtMnt tikether with a copvufilie Tilkfhavumntadding new F.xcepwmht tit into lf$cllcrb.s nit recene ffirtnes notice's the dads) wwwilied .ai'. ',o'er
accepts Me c nnhtiun of title as disclosed by the Ink ITwlrncnta as satisfacu.rs.
No.( M1ll-1-VJ. Page _ 44 Se 7 f— cc'
972667
(b) Signers Nut Shown by the 'riddle Records. Seller shall deliver to Btner, on or letisre the-TitleRadhn set (bribe in S cwn& true tt'pnoi alt hasps' and
surveyed in Sellers pdmcatims pertaining to the Property and shall disclose to loser all easements, liens or other title manes not shown by the public records di
which Scam has actual knowledge. Buyer shall have the right to inspect the Property to Dot -mine if any third pa imsl has any right in the Proper nor sho. a IN one
public records (such as an unrecorded casement. unrecorded lease. or boundary lime discrepancy). Written moat nfany unatisfactoryctmsbdpngOdisckned hi Seller
or revealed by such inspection shall he sunned by or on behalf of Buyer and Risen to Sim on or hefore is
If Seller does not receive Buyer's notice by said date. Buyer accepts title subject to suds rights. if any. of third panics of wti 11 Buyer has actual lnowh'dgc.
(C) Special Taxing Districts. IYCe'IAI. TAXING oorrwlcn; MAY tor SUBJECT TO GENERAL OBLIGATION INtIERr1DNESS nut is IN ID in 115 E.NL'IS YMlllt rT It
FROM ANNUAL TAX LEVIES ON rlia rA.XAMLE name ry swum %mot OLIrRICT\ PROPERTY OWNERS IN CUClt OtsTalcTs M.st ea PLACED AT BL a 11)a
INCIEAsk:n Mill.1aislES AND FACE:WYE BURDENS TO SUMIRTHE SERVICINI: OFSIICII DER WHERE CIR(UMTANCVS ARISE RESULTING IN Till INsMiEUS
OP stint A INSTRUCT TO OISCTIARCr SUCH INDEREDNE ti willIO T SUCH AN INCREASE IN MILL LEVIES BAYER SHOULD INVESTtrAIE THE DERT Frys>('6G
REQUIMOMEN S OF TIE AUTIMMIZED GENERAL OaUCATION INOEREDNESS 1W SUCH DISTRICTS. EXISTING STILL LEVIES OE SUCH DISTRICT SEM/ICINI: MINI
INOET:itnimC AND TIE IOITNTIAL FOR AN IsCItEASE IN SUCH MILL LEVIES.
In the event the Property is located within a special taxing district and Buyer denim to terminate this amulet as a result if mitten notice is risen to Seller on or
before the dale sct forth in subsection 9 Ib1. this contract Shall then terminate If Seller does not receive Buyer's notice by Ib`date specified abuse. Buser accepts the
effect of the Property's inclusion in such special using distrimisl and waives the right to so terminate.
(d) Right to Cat If Seller recesses notice of unmerchantability of ink or any usher unsatisfactorytitle conditioned as peonided in subsection (a) or lh) abase.
Seller shall use reasonable effort to m.cst said unsatisfactory title eodition(s)prior to the date of closing: if Seiler faib toccacrvidulauuicuxylnleoandnumsl
on or before the date of closing, this contract shall then terminate provided. however. Buyer may, by written mice received by Seller. on or before closing waist
objection to said unsatisfactory title condition([).
10. INSPECTION. Seller agrees to provide Buyer on or before with a Seller's Poverty
Disclosure form completed by Seller to the best of Seller's current actual knowledge. Buyer or any designee. shall haw the right to have insp.-mono) of the ohs sical
condition of Bic Property and Inclusions. at Buyer's expense. If written notice of any unsatisfactory condition. signed by or an behalf of Buyer. is not received by Seller
on or before - 19 (Objection Deadline). the physial ewondition of the Property and Inclusions shall be deemed
to be satisfactory to 0uyer. If such notice is received by Seller as set forth above.; difBuyer and Seller have not agreed, in writing, to a settlement thereof on or More
19 (Resolution Deadline). this moan shall terminate threeckMat days following the Resolution Deadline:
unld, within the three calendar days. Seller receives written notice from Buyer waiving 9 any untas pfacspry condition. Buyer is responsible for and shah
pay for any damage whidh scum to the Property and Inclusions as a result of such � A� -{ of qr�Z. •.'C•
I1. DATE OF CLOSING. The date of closing shall he whit 15 7 ? 4 e yrt 19 �, ear by mutual agreement at acs artier dale The hour
and plate of closing shall be as designated by Se )14{ U
It TRANSFER OF TITLE. Subject to tender or payment at dining as required herein and compliance by Buyer with the other temp and provisions hereof
Seller shall execute and &User a good and sufficient, hf Aire I (.Jot wan") - .D,atyer, deep to Buon cosing conveying the Noma, free and
dear of all taxes except the general lawn for the year of closing. and except J
Title shall be conveyed free and dear af all liens for special improvements
installers as of the date of Buyer's signature hereon. whether assessed anon except Ii) distribution utility easements (including cable TV). (ii) those maven reflected
by the Title Dotwneotl accepted by Buyer in accordance with subsection 9(a), (iii) those rights if any, of third parties in the Property not shown by the public records
in accordance with subsection 9(b). (iv) inclusion of the Property within any special taxing distort and (v) subject to building and zoning regulations
D. PAYMENT OF ENCUMBRANCES. Any encumbrance required to be pad shall be paid at or before ceasing from the proceeds of this transaction or
from any tither source
14. CLOSING COSTS. DOCUMENTS AND SERVICES, Buyer and Seller shall pay. is Good Funds, their respective dosing cons and all other items
required to be paid adming, except as otherwise provided herein. Buyer and Seller shall sign and comisMe all eustojlary or required documents at or before closing
forreal estate dosing services shall not exceeds (en, an and shall be paid at closingbv /� bat Cei(?.: Yz ti;
y)rfkas( ✓' The local transfer tag or .r�l Aof the purchase price shall be paid at doling
by Pt.wthd llf Any sales and use tax that may =rue because of this transaction shall
be paid when due by N::.,a
IS. PROBATIONS General taxes for the year of closing. based on the taxes for the calendar year immdietey preceding eosin, rents, water and sewer
dumps owner's association dues. and interest on continuing barns) if any, and Js1• 'yE
shall be prorated to date of cdosmg
-16. POSSESSION. Possession of the Property shall be delivered to Buyer as follows: It 2P I It/Q -'.v a T plead.
subject To the following lease(s) or tenarcyu[
If Seim aria doing. fails to deliver possession on the date herein specified. Seller shall be subject to
eviction and shall be additionally liable to Buyer for payment of S / L per day from the date o(ayced possession until possession is delivered.
17. CONDmON OF AND DAMAGE TO PROPERTY Except as otherwise provided in this contract the Property and Inclusions shall be delivered in sae
condition existing as of the date of this contract. ordinary war and tearexcepted. In the event the Property shall be damaged by fire orother casualty agar to time of
closing, in an antoum of not more than ten percent of the total puHlase prim Sellershall be obligated to repair the same before 'bedew of dosing. In the event sum
damage is nut repaired within said time or if the damages exceed such sun, this contract may be terminated at the option of Buyer. Should Buyer elect to can:' out
this contract despite such damage. Buyer than be entitled to credit for all the insurance proceeds aoluag from such damage to the Property and Inclusions. not
exceeding, however. the weal purchase price. Should any Inclusion(s) or servicelsl halm be damaged between the date of this contract and the date of closing Of the
date of possession. whichever shall be earlier, then Seller shall be liable for the repair or replacement of such Indusioms) or seniMst with a unit of similar sae. age
and quality, or an equivalent credit, less any insurance proceeds received by Buyer covering suds repair or replamnent. The nth of loss for any damage to growing
crops. by are or other casualty, shall be borne by the party entitled to the growing mops. if any, as provided in Section l and such pony dull be entitled to such
insurance proceeds or benefits for the growing crops if any.
IS. TIME OF ESSENCE/REMEDIES. Time is of the essence berm( If any note or duck received as earnest money hereunder or any other payment dear
hereunder is nor paid, honored or tendered when due. or if any other obligation hereunder is not performed or waived as hermn provided. there shall Sc the folic -a ing
remedies:
(a) IF BUYER IS IN DEFAULT:
(Cheek one bee nary.)
(11 Specilk Performance.
Seller may dm to treat this contract as cancelled. in which ease all payments and thong of value recessed hereunder shall be forteild and retained tin ',nail
of Seller, and Seller may rt rover such damW/r3 as may he proper. or Seller may elect w (rest this contract as Ring in full force and effect and Seller shad hoe
the right to speak performance or damages. or both.
❑r) Liquidated Damages.
All payments ad things of value received hereunder shall he forfeited by Buyer and retained on behalf of Seller and both panics shall thercaliv be reicased
lism all obligations hereunder. It is agreed that such payments and things nl saluc arc LIQUIDATED DAMAGES and (except as prosdd in subsection's it
are SELLER'S SOLE AND ONLY REMEDY for Buyer's failure to perform Inc Wdigations of this contract. ieekr expressly wales the remedies of'mcus
performance and additional damages
161 IF SELLER IS IN DEFAULT:
Buv v creel treat this euncancellecancelled.et as cancelled.
in which case all payments and things of value received hereunder shall he returned and Ruser o s
ntrnrw m
each or m damages as may be proper, Buyer ay elect to (real Ibis ed.nlracl as hang in full I. reef and ellen and Buyer Mall have the right �e
perhmnanee Of damaafa. of Dab.
(c) (-()s6 ANn EXPENSES.
Anything m the contrary herein nmwgMundma is the event of any arbor:dun or litigation arise matt of this contract, the animator or owrl snail n..ard
its the prevailing parts all rcateanahe costs
and
essfwes v including atnrm+ um.
Nis CB\T-1-4a. Page ) of a Ire
972667
N. EARNEST IOINE% DISPUTE. Notwithstanding any lmminatin .dtIds contract. Buser and Selk'r agree that. in dw event ii any conirov vvs regarding
the earnest money and things GI value held by broker or closing agent. wilco mutual wnden instructions arer eci.N by the hnkkrol the ..r ............. and mmes M
value, molter or cuisine:tgcnt shall not be required to take any action but may a..aa ails proceeding. or at broker, or closing agent's otnipn and ode discretion. may
.merle d all parties and deposit any moneys or things of value into a court of n'mrctcnt jurisdiction and Yen ra<mer must costs and reasonable attorney ties.
BI. ALTERNATIVE DISPUTE RESOLUTION: M El -RATION. If a dispute nova between the panics relating to this contract. the panic's agreem submit
me dispute to mediation. The parties -ell jointly appoint an acceptable mediator and will share equally in the con .Jwch mediator. If mediation prints unsuccc,stul.
the parties may then proceed with such other means of dispute r solution as thq w. cMu.u.
L. ADDITIONAL PROVISIONS
//I ./ - 71'tfri eel I-, Awn F ni:/y /gal.
�,tJez ltr Y. IC itfS r 2 ate. / �n er�Af.a
tar f J /
%ylin [�r.:kl rl 4l,�f .I'o 6�- retained t'J
f ,„! rani i7 —r-n4d aa�. ._..F...
r /
R RECOMMENDATION OF LEGAL COUNSEL By signing this document Buyer and Seller acknowledge that the Selling Company or the Listing
Company has advised that this document has important legal confMuensa and has reaxnmended the eamdnaoon of title and consultation with legal and us or
other counsel before signing this contract.
21 TERMINATION. In the event this contract is terminated all payments and things of value remised hereunder shall be returned and the parties shall be
relined of all obligations hereunder. subject to Section 19.
24. SELLING COMPANY BROKER RELATIONSHIP. The selling broker bee8
and its salespersons time engaged as
Selling Company has previously disclosed in writing to the Buyer that different relationships are available which include dyer ageny. seller agency. subagency. or
Irma,, pkee
IS NOTICE TO BUYER. Any notice to Buyer shall be e$ztive when received by Buyer. or. if ibis bit is Aa4d rfl when received by Selling Company.
26. NOTICE TO SELLER. Any notice to Seller shall be effective when received by Seller or Listing Company.
27. MODIFICATION OF THIS CONTRACT. No subsequent modification of any of the team of the contract shall be valid. binding upon the panics. or
tameable unless made in writing and signed by the parties.
28. ENTIRE AGREEMENT. This contract constitutes the entire contact between the parties Mating to -the subject hereof- and any prior agreements
pertaining thereto. whether oral or written. have beat merged and integrated into this contract.
29. NOTICE OF ACCEPTANCE: COUNTERPARTS. Thiis proposal shall expire 5IB4 5tempted in writing. by Buyer((a�ed.Sdet as evidenced by their
signamrm below. and recei
ves notice of such aceepaor nce onbefore %JU/fl /Z 19 /�. (Acceptance Deadline). If
accepted this d document shun become a contract between Seller aBuyer. A cony of this document ay be executed by exit pantk separately, and when each party
his executed a copy thereof. such copies taken together shall be deemed to beefed and complete contract between the parties.
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Date of BBuyers signature
e^.., Ju'Ty/g�/ laB 19ss/ Dine of Buyer's signature '9
Bu sAddress 606 L7elae(CC), a%- P14)4. 6rec-5 / (-0 kc)6 3/
Ile re'-4-s•k Gat...ly Pia- rea-e_rs-left. ,T
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Date td Seller's signature � - Ar / 2 19 e�af Date at Sellers signature w
sails Address GSrY c H S P.-2/ S/, 1 ' o: Li -di Li' Pc?
IM undersigned Broken') acknowledges receipt of the earnest money deposit seemed in Section 3, and Selling Company amkrms its Broker Relmi
form in Section 24. 1�
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NO IP: Ihying Invreeflaa yhwale m:mcd mihc come tni.rvmmt...igned.
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