HomeMy WebLinkAbout0958 i!~e' undc~gncd joi~tly and severally i~ee to ~scll the abmre mentioned property to the al?ove namcd b~i~•o~ por~nanl t~~ 11~• 1~~rn~.
:.:~cl eonditioas Rtated in thia contract and lu.ther jointly and Eccera{ly hc~cl,y acknowlcdge the emplo~•mcnt of tln• aho~~~• ~i~n~•J
t,coker awd agrce to pay the above esgned broke~,:a comai:8:toit-tot fiAdsc~g t~tid buyer for the abc?vP prop~rt~•~ tl~e aum of
nRllan (S
o; ont Fwif of all emounts.paid ondtt taid conltact if thGSaid aina~hte are retained purauant to terma ti~~~~of, ~vhich~v~r ia 1ho 1~•~~~r
~~mvunt ~~d fuMlier do hr~eby acKnc?wic~lgc it?at we I~ave nad ~l?is cont~act in full and do herchy appmvc. ~nlify an~! ~~n~lir~u Ihia
:~,r~~ract in alt a:~~:cts. tn the event it ~s nece~~:ry io rrsort to colleclion of commi~ion en~Vor ~lamae~+ by un alturnr.~; Ihe
:,~~~:rrr on~d ag~rs to pLy rca~a~-~at?ie ~.t~:~neyefeca ~Fl other coat~+ [o~ making the said collection.
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~t'i:ne~s• - ~SELI.ER• ~ - ' ' (~F.AL) .
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1~: itneas• ` ` ' SELLER: ~ : _ - . : ' - (•F.•1i.)
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T;iF, FOLLOn'I:~G ACREE~;El~T ~:UST BE EXECUT~D IF PEPOSIT RFCEIPT IS ~IGi~ED PRInR TO 7'IIF. i~~(I:~!~CE OF
~ ~tF-F.H.A: C0,1~1IT~tEti1' TU INSURE. -
:t i; c~p:c~-{y agrced that~ noi~Litlist~ndjn~ any ott~~~ provi~ionc ~f thi~ contr«ct, the pureha~er ehall not he ohligat~d to ror+pl~t~
purcl~a.:e uf the property deacribcd herei~ or to incuc any pen:~lty Ly forefeilure of ea~nrst m~~ncy depo~itK u~ ~thrr~~•ire nule+~ the -
~~•:.~•r haa-ttclir•crPd to ti~c purcharx:r a rv[iiteu bta!em~nt •..:~uPd I?y the tcderal hou4ing eommi~ion~r~ s~ttin~ fur~l~ Ih~ np~r:u~~l value
i;ic prnpcrty ior morlganc in.~urancc pur~~~F o[ n~t 1~~4 than S~6~~~ s., which statcmcnt the H•~~~r h~rcby ae
~ cM t~ dclicct to
:i:.; purel?a:cr promptly aiier sucli ap~riic~cd value statcmcnt is ~nade availaLle xo the gella.
pnr~haw~r shall, how~ver, have the peivilege and option ot pronxding• with the oonsummation of this centra~~ willwut
c~ d to thc amaunt of the appraiscd valuation made by the federal l~ousing commieeioner.
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It is expressly agreed that, notwithstanding any other provisions of this ~
contract, the Purchaser shall not incur any penalty by forfeiture of ear-
' :~est money or otherwise or be obligated to conplete the purchase of the
~ property described herein, if the contract purchase price or cost exceed~ :
i t;ze reasonable value of the property established by the Yeterans Adminis- _
f ;ration. j
'C1~~~ 1'urch:~sor sh.~ll ~ howovor ~ h:lvo tho rriviluKo nn~l o~~tion of proconcling
~ i t h t hr ~~o~~~~~nnm:~ r. i ~n ~ 1' L1~ 1:: r.o» t: ruc L wl LLouL roKurJ to Ll~o uioowll: o f
~ rvelyO~li?h10 v:~'lur estublisl?a~l by tlia VA." -
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PURCHASER: -
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f`~, cuRCNASER:
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~ ~'l?is cuntract shall ap~~Iy to cithcr FHA or VA financing and the parties`S~`t~
~ ;l~;rcc Lhat this contract may bo submitted to oithor or both agonc~~,~~~
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U R ~W ~7eJ~ ~ , ' ° PIiUi• ` ' ~:tX~:•1 102
~G~~ PAG:
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