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HomeMy WebLinkAbout960450.tiff The Waisd portion,of this form,snag(lulldsed)(• ed)additions, in ban epprend by the Colorado Real Ellett Commission.(CBS 3-1-94) TIIIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAN OR OTHER COUNSEL BEFORE SIGNING. VACANT LAND/FARM AND RANCH CONTRACT TO-BUY AND SELL REAL ESTATE October 19, 95 ,19 I. PARTIES AND PROPERTY. James A. Erthal And/Or Assigns buyer(s7 laded.(es noire«nmwmnants in common) agrees to buy,and the undersigned seller(s)[Seger),even to sell,on the terms and conditions set forth in this contract.the following dcacobed real estate in the County of Weld ,Colorado.to wit: LOT '!B" — 44.646± Vacant Acres Part Of The Northeast t of Section 7, Township 7 North, Range 67 West of the 6th P.M. — Exact Legal from Title Company Refer To Exhibit "A" for Recorded Exemption — No. 0705-7-1—RE 1723 and Plat Survey Map None — Vacant Land known as No, RAI Addis City Slate -Zip telpher with all interat of Seller in vacated streets and Wm adjacent thereto,all casements and other appurtenances thereto,all improvements thereon and all attached futures thereon,except as herein excluded(coBnvvely the PropMY),0l0TaLeaenntaa ineme, in place aaWDMVIVMadbLUS1ul4o, lea Wrntam prla IDtttmtl toe Fwuwmg tans n)n anaL..e mum tt c y t e l tracts Riau ' ,plumbing,ventilating,and air conditioning fixtures,TV antennas,water softeners,smoke/fire/1m cros,asecurity devices,inside telephone wet connecting Weeks/Add,planta mirrors,floor coverings,intercom systems, tchen appliances,serinWer systems and controls,built-n ncwum sY ' eluding accessories),and garage door openers g remote controls;(b)if on the Property whether attached or not an the date of this windows, rs,window and porch shade,awnings,blinds;screens, curtain rods,drapery rods,fireplace imeN,'irryka attan&f heating Noyes,storage sheds,all keys and(c) • (d)Water Rights. Purchase price to include the following water rights: Together with all-ditch rights associated with the delivery of North Poudre Irrigation Company Water to Lot "B", including 7 Shares Of North Poudre Irrigation Company Stock. Buyers to pay $40.00 transfer fee for transfer of stock. Easement for delivery of North Poudre Irrigation Company Water to other landowner south & west of subject property to be protected. (e)Growing Crops. With respect to the growing crops Seller and Buyer agree as follows: None — Farm for crop year 1995, leased to Alvin Rein thru December 31, 1995 Farm lease for 1996 has been terminated. None The above-described included items(Inclusions)are to be conveyed,to Buyer by Seller by bill of sale, deed or other applicable legal instrumenl(s)at the dosing,free and clear of all taxes,liens and encumbrances,except as provided in Section 12.The -following attached Bawres are excluded from this sale: 215,000.00 3. PORCNASE PaICE AND TERMS. The purchase price shall be$ ,payable In U.S.dollars by Bayer as follows:(Complete the applicable terms below.) Emir ay. Check 3 2,000. D in the form of ,nearness money deposit and part payment of the purchase pda payable to and held by Agri—Enterprisea, Inc. .broker,Inns trust account on behalf of both Seller and Buyer.Broker is authorized to deliver the earnest money deposit to the-closing agent.if any,It or before closing. The balance of S 213,000.00 (purchase price ten earnest money)shall be paid as follows. j (b)C..6,al Cbalgy , s plus closing costs,to be paid by Buyer de inein funds which comply with all applicable Colorado laws,which include cads,Iele�ctroniiccttransfer funds,certified cheek,avinµ and loan teller's check and cashier's check(Good Funds).Subject to site provision,of Section 4,if the existing loan balance at the time ofe r i FlWlebtddf a tanm the loan balance in Section 3,the adjustment Nall be made in Good Funds at cimioa or paid as follows: f:e Clf 1 0 Pit G (q thaw Loan. dada(rust. by Buyer obtaining a new loan.This loan will be secured by a(1st 2nd,ere) The loan shall 'red over a period of year,at approximately$-- Per including principal and intense not d %per annum,plus.if reuutred 0 ender,a deposit of of the estimated annual real estate taxes.property a premium,and Insurance premium.lithe loan is an adjustable Interest ram or graduated paymem bet,the payments and interest rate mid I exceed the figures set forth above. Loan discount points,if any,shall be paid to closing and shall note �al Ions amount.NotwuMutad • ing the loavnmerest ram the firs ban n discount points shall be paid by and the balance,if Paid by timely pay a lane origination fee not t0 exceed %of the loan amount and Buyer's loan cos . I No No.CBS3-3.94. VACANT LAND/FARRI AND RANCH CONYRACTTO BUT AND SELL REAL ESTATE Page l of4 -ylht • 9 Rreefard rawhides,as)Ware,a,Dank CO toles—(303)292-1500—II 9l 'eEXH %IIIT 960450 7' The printed portions of this form,except(italicized)(differentiated)additions, have been apermed by the Colorado Real Estate Commission.(CBS 3-1-94) 1 TIISFORM HAS IMPORTANT LEGAL CONSEQUENCES AND THEPARTIES SHOULD CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. r VACANT LAND/FARM AND RANCH .. CONTRACT TO BUY AND SELL REAL ESTATE October 19, 9 95 I. PARTIES AND PROPERTY. Janes A. Erthal And/Or Assigns ,buyer(s)(Buyer),(as joint tenants/tenants in common) agrees to buy,and the undersigned seller(s)[Seller],agrees to sell,on the terms and conditions set forth in this contract.thedollowing described real estate in the County of Weld ,Colorado,to wit: LOT 11B" - 44.646± Vacant Acres Part Of The Northeast } of Section 7, Township 7 North, Range 67 West of the 6th P.R. - Exact Legal from Title Company Refer To Exhibit 11A" for Recorded Exemption - No. 0705-7-1-RE 1723 and Plat Survey,Nap None - Vacant Land known as Na Stint Address ' coy State Zip together with an interest of Seller in vacated streets and alleys adjacent thereto,all easements and other appurtenances thereto,all improvements thereon and all attached fixtures thereon,except as herein excluded(collectively the Property)Allo?assemee=Fds hose, in place LNt.L.USIUIN /LALLUbIUNS. the purenase Pt tue tauut0.a nit., Afg awls.tun a.s.r' A .5 " "' i °n me saes tat w trace:Huhn n , ' ,plumbing,ventilating,and air conditioning fixtures,TV antennas,water softeners,smoke/fire/re/bur ms,security devices,inside telephone sot connecting biocks/jadn,plants,mirrors,floor coverings,intercom systems,b • then appliances,sprinkler • systems and controls,built-in vacuums ' chiding accessories),and garage door openers 8 remote controls;(b)if on the Property whether attached or not on the date of this In orm windows, on,window and porch shades,awnings,blinds,screens, curtain rods,drapery rods,fireplace inserts,fireplace screens,frra heating stoves,storage sheds,all keys and(c) (d)Water Rights. Purchase price to include the following water rights; • Together with all ditch rights associated with the delivery of North Poudre Irrigation Company Water to Lot "B11, including 7 Shares Of North Poudre Irrigation Company Stock. Buyers to pay $40.00 transfer fee for transfer of stock. Easement for delivery of North Poudre Irrigation Company Water to • other landowner south & west of subject property to be protected. -fe)Growing Crops. With respect to the growing crops Seller and Buyer agree as follows: None - Farm for crop year 1995, leased to Alvin Hein thru December 31, 1995 Farm lease for 1996 has been terminated. • None The aboveiiescribed includeditems(Inclusions)are to be conveyed to Buyer by Seller by bill of sale, deed or other applicable legal instruments)at the closing,free and clear of all taxes,liens and encumbrances,except as provided in Section 12.The following attached fixtures are excluded from this sale: 215,000.00 3. PURCHASE PRICE AND TERMS. The purchase price shall be$ ,payable in U.S.dollars by Buyer as follows:(Complete the applicable terms below.) (a)Earnest Money. Check $ 2,000.00 in the form of ,as earnest money deposit and part payment of the purchase Agri-Enterprises, Inc. ,broker,in its trust price,payable to and held by account on behalf of both Seller and Buyer.Broker is authorized to deliver the earnest money deposit to the closing agent,if any,tat or before closing, The balance offf$ 213.000.00 (purchase price less earnest money)shall be paid as follows: I $ (t'-`-'s"""'1� ,plus closing costs,to be paid by Buyer at closing 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).-Subject to the provisions of Section 4,if the existing loan balance at the time of closing shallebe.differn t.fr m theloan balance in Section 3,the adjustment shall be made in Good Funds at closing or paid as follows: (R LYf i d Pas d /,'ice (c)New Loan. de'� ed of trust. $ by Buyer obtaining a new loan.This loan will-be secured by a(1st,2nd,etc.) ��- I The loan shall 'zed over a period of years at approximately $ Per 1 • including principal and interest not d %per anoum;plus,if required b ender,a deposit of j of the estimated annual real estate taxes,property t e premium,and insurance premium.If the loan is an adjustable interest rate or graduated payment loan,the payments and interest rate initia exceed the figures set forth above. • %of the total loan amount.Notwithstand- Loan discount points,if any,shall be paid to t closing and shall not ing the loan's interest rate,the firs loan discount points shall be paid by • sod the balance,if a paid by B timely WY a loan origination-fee not to exceed %of the ban amount and Buyer's loan cos . 1ofJ No No.CBS3.1-94. VACANT LAND/FARM AND RANCH CONTRACT TO BUY AND SELL REAL ESTATE Page {dui. 0 Bradford Publisbios 1743 Warta St.,Denver,CO 80202—(303)292-2500—I 1-93 960450 Hello