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STANDARDS FOR REAL ESTATE TRANSACTIONS
A. QVIOBNCB OF TtTI.A: 11) A cvaylbie ablta,i o/ li1M lertgct?rJ ilf • raywl.•d11e al.rlrlrtt prtw PurpnrliaR w ba aw attrltab sywnpsia d IM i»tttotaw4
sRa•IiwO the titM b that tN) prvpary teeruded iw twrWit tawta4 d Iltat twnty w lie.late a.l lbw rvwuarl• slv,wetrR iw llw• ostler • nlarkelaMe letM iw arerrdRaq ri11t tiW
slawdaeda adoplad Ilanl tiaea M /itwe b tM ilorilM Bu• wr 11M Isact) Ikt? Asrryaliua• euhiei ay11Y to Ilrwl~ rYrrrlwlhrunv, rxlelltioty of tloaliMtgyaet lath ill 1~ t7~tfael
Iwl tMp ~dtMh chap r tliea#repd b trlkt al w hrlore t1l.rryl• 1?? w title Rrwrantar .
arawritlwl•nl iwu.d ?y a tlrtwliltrd title iwsar~e asteeiy M lwtfa M lIM rf+ttt tM
nrorditrp r the bd b irr7at• M aaraer Rvwtawlee is the wtaauot rr/ lip ptttri.ue prier itrarrnly tiv fUb of IM ltryee M fiat twl NM~dr wl?~eet atoly
b (Mrla. Mtwwbmtllw. exteptiaae tx ~nalitittliow eel loth N Ihia auwUad wtd Ihuas• which allall be rhrr Mrgrxl if aalbr a! K lrhq eiwia~.
Buyot dap hww ~ rl•yo iI ahMraai. a lb . d:rY• if title Raarawter ..uawtitatew4 Iraw the Jab al trrr•irinR tha aeedewra et tide b ttttataiaa tlaatR b lltla it farad ~ -
1n it Jakdiw. Ilre itryar chap. sritiia said Parirrl tr4ely tM wiikt iw srrilerrR ttrn•ilverlg rile rh•/his. ll the a1d rklerb rewrkt Iht Ntla ttlltaatMlwlq tie Irallee rthall
h+w 1>b , tiara (taw 111r, tta~eipt r taa# a11r•e la aVp the de/eda• wal mull use rhw• rhlylvp•e a. do .n: but it wfret said filrte Iw agpigd. asY tMleeM an t1a1
auty~ $oyat. ulrw tetlrrrri. dap Irrxa aw IrrMGtwrwal 1111 _ Jars b tua• acid tick. tti awJ the re r.nw:.Me .oats r.ru1 fern irttttttad NrerabY uW V paid i)? ostler. If ~ -
buyer tMlra trot tyre nail delada tetlhiw grid addililrtra) firaw• Ir•ri,wi• thew iwyM slvU hoar IM rylliow: 111 arwyelinR the Ie1k .r N tiew la ~ I>t) doraatiirlp a talttad M
:JI twawlta paid Irrtrtwlltt rriir# rhall lotlhvrNA (r• returm.l u. IM• IMya r. and lba•rwlr•n rlu• borer alwl sr(kr sea dl M n•tswevd o/ all lttrtiet ebliptrerto trwdae tiia eetrtratl
0. F.XI8TIN0 MWITGAQF.A: The Keller .k•.U r1111aen awl (u,m.l. a Nateswwl lays Ila• neyht.yc.•e rrllinR forli tha Irrtrerilwl latlapre• twelied a( OsYrwwf. IwletteR
vale- awd srhelhrt Iie wrwlpp i• ib Rawl ,Illttwlinl: 11 lie•rr a...r •hlrRe GIr lie a'iirlRe d 1•wr.rtslup rr•vah by IM wonawdra• it e1raN M bortN 111 the pktyet. b tlla
evsrlt tie taatttl4csr this. wet anapt fhe Ilurer far puillrw•a n[ :assumrwg IM eaeslewg wrartRat:a• ta• unrberiwR tltw enbjeti Property: bMaN the IleotlRap IwitttttaMtt r~
I,uieM oust aet+eplaaee• thaw aced iw lint ewwl• tie Buntrt hie option Im1y aatae) the rawtltaai wrtd aN wowies Paid M Iha *rtniaaa Prier a1taN M IalYatV t9 ltii
rraJ lia patlfaa ahatt M nleaaad /row aY lumber a61eR•rliryla Awy wrivtn iw the awarM d n Llorlg-'rip to he ataunled Irow tie awelrwt alaW M Iba Mgaet dart
t1e added b w rladrrebd (raw lia tart paytttrwt or the pun'1?w twurlry mortRapr. w Ibt• Buyer w1.ty eln~t.
pIIRCHASR MONRY M(1RTtiACF•R: Awy Iwn4ar• wrlrww mltr curl wrrrlR,Re sleep lrllhlrr the h.rw?a Ih•raerwllY :wvellled Irwd tttlsd iw Ure eeaaty eriala lia tars!/
• lorrtei. A Parr\Mt• waaa! atottOM• shall pnwirle h.r Iwalr..m•r :ytaiMl {wrs br Rro with etlrn{nl a,weraRe -ia aw awrwwl wa! !ew thaw tk• IIrN irrwrwrb ewltn
d the iaN~rvreaerrlY, la a AM wwttpdr, tie aura- ntwl nw.rli;.y:.• •1?r11 lrturrle /oc ant•{e•ra1tlM• wl the rMdryl d lie b111dee, alter thiry l>I01 iye Jtfaldt W iw a natotl/
nortRye whet 15 +aya delaah. Sraawl murlR:yna w11,11 n,lwlrr the ovrwer lie paNw•rtr err•Irrwlyrnl Iw sniA tworlttaer b itne all Drier lietw 1!uld awcow•
.rancea w pod aMwdiwd anti lothid lia tamer a1 the pnylrrh Iarn1 :u,•eptlnR rglwll/ratwwra a,(...1 tutors .rlvarw.•s uwde?, a prior aeorlgap: pluyet dap haw the rillht
e prepay Itp ar My pori d Iha pritw•ipw) al nay Iiww• a.r teolr. with u,trn„/ to /late d larouul w,tlvlul p•ruNy anti acid Irtyate•Irb chap apply gaiast Ilre priaeiptcl
,wiotwla tress wlwtotlwp. Iw tin rtrowt Bayer aatruh••a a IwutKaK.• ta. ,y«• rdhet thaw the tir•Ikr.:dl .,a+t+ and a harRn iwr•idrsrtal thereto td?+p M paid by fIN Yoyet.
BURVRY: TM 1loyer• nritiia tin tirwe wtbwed f•Ir ab Ila•a•rr wwhMae n/ title wtrl r•x:anlin.a,i,.a tleerwrl. Irwv hove acid Ib rrrYryed of hen eapawea. ll tM
•uney tlhatta twit' Mreaat'irarwl ow raid pn.la•tly of IMt Ihr u•ryrn,w•nw•ats rullwbd lu Iw• hr:da•1 un lhr aldyed pn~llerlY iw lad MtrtMtirM fire lawda al olhale• at
'iday aq ~ IM tawwMls hrtvirl. lia ayaes al.dl he 1nat1•d as a teUr d,iarl.
• TERhlfT6 INSPEI`770N: Prior b eloeirlR, at IWyrr'a exllerar•. Ihr Buyer sh111 lecive Ih•• right In haw! the prolrertY imllrcttd blr a litwwd esterwawthlR tr~~~
rang b tle/etwiae wbe/hrr Iheeer My atterr Irrmile •u vlarl rlrsl?urirrg m¢:enirw 1•rasrnl in wny Iplprrw•errlarlta ryt said property, or awy dawap boat prior
- rlaete N wood deMwyias orprliew N Yi11 iny+roen•aeerrts. I( Isere N any such aJeatali.yt or J:wwt{e, lbe 8dkr dap IMy ap-aeala I1t trswhwent atld tapiriwR
ndlor replatiat ap peMieaa or acid eyrroveareata wbiah are iw(asl.d or have br•eu .4.wuR•'af. l.rawrrk,l, buwrrer• is the event 1is east b M iwntrrad hl warn tiaa
hree pereMt 1~'Si) d IM pnn'bw price, then eitha•r Irny M.rY •anrY•1 lhr arrrllratl wilhm l.'r1 110) days nl receipt rrl lit! terarib iMpartiaa re{10r1 anti pet eetitoeb
.r efatirrlg estetwiwalioas awd ahriasaq rvl?•lin~ by Riving writa•n woli.e b the otbrr larlr.
' 1NSl1RAN(•E: The 1•n'rsiettw tea aqy `Irurel iwwnrwr Iwlay In Wu,• ralrrnaR irnprarvrnlrwls aye the anb{eci property. alatll a pprated kallersew tM partie~~
r t11e polity Tway M tawcellwd a. 14 Bayer Iway eh••t. 1/ inwr..nne rs tr, ly ptorrted Ihr :ir•IMr rhall, .w or before r•lwwwR dale, fntwiei b the Bayer ap ewearawoa
diciq w tapirs lbrrael.
1-EABES: Tba Shcer ahaN, grew b rluairyt, /uraih Ile (IIIsa•r ..gwa•a o/ all rrnttru k:aww arid, i( Ilw•rr :ur Any prr«•m tw Irraeuiow wnthent written Iwaar, aaMgrl
Item /rar11 Hari Itrtaat spear(yraR 11N aalare sad duratrM .A w:.rl t. want's onvlnarv, rar1t:1) rata•.:u1v.Im-r tents nr arturity rk/loaib paid by tenant Iw tM erect 9sllar
unable b attain wwl ealuppel kllrrs (tarty It•wanls• tlw• w.rwe udunatil«M wtiy he (urwalral by Miler lr. IAlrer in the (orA art a 8slieta At6d.tvit
1. ).IFCHANI~9 IJENS: 4elhv shall lumi•h to Ilar Mtyrr aw :rIG,Llvil IM1 there 1?irw hra•n empn,r.•mrnt. la Ihr at~lrrt property Wr 90 days rn+wdiatoy
reradiaR the dale d tbeint. I/ Ihr subXrl Ilr.grrrly 6r tr•tw iwlprovt•1 ,rilhin ;t0 .lays iwyna,tl.rta4y pn+s.hryt Ihr aiwiryl date, the miler atrlll deliver teleaua or nruwt
all meriaaeo leewe ettetttfed by Rcaer+l avnlraa4,n•• sutwantr:ulr.ra• wlgdlrlw a,r rn/trriaflrara .In,) a r.•Itrri mrrlcrrlias lien aplrl:nn4
YLACE OF (.'WBIKC: (7oeirrR shall tlr• beMl at the oRirr a,l 111e sellsr'a alturaey or as ulhen?iae :IRmd upon.
bOCUhlFNTR t•~OR ('.LOSING: Salkri attumey or nlhrr et..airlp meat shall prelorr Il..,f, mrl r.•rre••/ive instrurnente, adk~a aidarit. end closing abtert+ent.
:uyer i alterwey shop prepare t11a purchsae wrrweY rwrte wad rrw,rtR:aKe. (opir•s of all sur•h dorunrnL• shall 6e wturlitted 1o tM other pwrty'a atWrwey at leant Z Jaya
rwr to tie rlcaaens date. (;~piea aball ale br (urnisllx•1 lu pvtwyut,rlR itrake*s up•M realuast
EXPENSk:S: Klale wrtax awd davwetirlary st:Iwlr. requited aM d,•1, rash d manlinX a,1y talrn.iinX irastrutrerata awl lie reef d taar•rdirlg Iha putdaea wowey
:•,rttaRe atoll it paid by lie aa•Uer. hcwvnlea4rry atarMa to be• a16:eJ to IIN• rwtr or rwrtas st+urad by the purlh.a• rm,rley mortRase• enfaaRlble tax M worlgsp, and tM
•1 u! tatofdiwR lha deed aWl 6e Paid dY the buyer
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PItORATIQY OR TAXF:li fRF.AI. AYD 1•F.11511\AL1• Taws rilull Ir• pn.r:dr•11 h,v„I npM IIIr •unrnl >.•.1r'• t.rx rirhout n•Rard to dianrlral. 11 tM doaiaR lakes
L«e awd Ibe turrewt ylar'r lases wee rr,t Gxa+l, ar«f Ilw• autr••nl r.•.+ti :aa«•.am.•ul i.:rrnLdd.-. I:.a••+ writ In• prur.1A+11cISn1 upon such wwessrwrwl ant) lie priof yNte
! ullrRe. 11 ILe tvr?enl Yearn aarr•raalewt u wnl ura/Ldrb•• tlu•n L/xrx well Ir l,rorat,•1 •M lie poor Year's ran pnww!.•11• ho+eveR i/ Urerer asplNed rtnpravealent
! f the awbjeri premi.r• by Jawrtary 1 .I/ lie Ya:rr .•1 rA,.In~• tl«-n tlw• I.ury sll:dl Iw• pnrnl.,1 lu Ihr d:Ir.•.d rl..•n,r Ieaxe•1 r:yryl Ile Intiw years willap and an tgwila6la
' .xerswrrwt to be nod
oR rpon leelrreew Ilre purlir*, tekrnt Iraln aaul•ab r:lti..n IIIMFYIaa~l F.trrill,lNM• II any. 11.•.r.•.-•r, any tax proration bail nn 1w Mirwal! twat' at
~ ,e repueat d sitter patty to lie Iraasarlioa, 6t twlaayua•atly n:111ju•ird ulr,n rr+ril,l ••f LIx it'll, iI aa1••n« nt to trot eon! is set forth in the •lasiwg slafealent.
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f 1 SPECIAL ASSF.SSbII'AT LIENti: ('r-rtillrl. mn6rn,ad or r.1lrb.rl aw.r•~r,u•n/ Irrn• :,s a.f Ihr .Tarr of r1..alnll I:arad met as d the d?te n/ lie t„nlrli) are b M
yid by the erlht. PewdlwR Irem w of lla• dltr .,f a4,.iul•• •hJl Ir• a..•um/vl Lt' tlw• Iwrrrr• lnoa«twl. 1«.arva•r. fled wh.•rr llw• iwprovnle•wt h.ra been wMbnliwlly corn-
4 Ir7r,) 4 of the slate of lM aapftwrl• sorb lw•n,hn;: In•r1+ >I.111 Ir• r,wa•illernl u• ra•rtilea.l..'1./.6rnw,) I,r r.,11h.+1 .Ilrl the •rllrr stroll at thleirgl he ri~arRrd an anwwnt
qwl b tie Isal ealiwrste by lie puWit Irrlr /J IM :a+•a•s~mrwl for tllr irrrl,nwerrrnl.
~ I f.R'IONAL INIOPF.RTY= The Sdkr rrprrsa•wu arwl w.Irrud+ slut all aujnr a1g111:rrwr: arul er~ehlrvrr hw•111d.,1 en the axle shall be iw Rood working order wrrd
•Iri? M of the dab O/ atoning. Buyer w?aY.:H hr .•rl•• rxlr•a•1• acct nn rravyl:ahh• rwArr• Iuywtii or aaar,• .In urlyr1«M 1.. br rru,k of the alll,liaates aril epellpwenl
avr.lrrd pttot b alosirrg. Awy aeaesrary reluin sl~.ll I,e ar:«h• at Ilu• a•rart Ihr Vt•Ikr ant, ,1 atrpny.r4.tr, a1h•quatr (umi+ .bell be asrttrwerl al tune .d cluwaR b
Qa+'t web apaira- l7nlera Nierwiee al:rrs•1 I.v the µlrlia-.• Ih.• Ihr~•er ?1?111• hr {.ra..,.hn= lu eMning. be dr•mw,l to hive .u.rpted tl+t property ae is
1 RISK OF Lf)4S: If the intprlw~eareab are danzR•d t.Y Grr t.r rllhrr ..e•ualty he(•,re ri•I/arry r.l 1M• dear) acct ran rnbrerl to wlrtantiaUy the i<Iwe eowditiew
• now eatliwR sril?iw a period r1( sixty IHt) d~ra 11«•r.:dt1•r• %r•11.•r men a.r..rr the unpr.•rrr.unls .Ir«I Ihr .I/wulg dale amt title Ol rlelivrrY u/ pwrersiun Irenlwbefere
rorlded stop M exlwdad .ra•ordiwRly. 11 :Taller f.,i4 to ,t,. en. I/w• lturrr .hdl hava• ter uptr.n ..f t U ta4inF d1e pnyr•rty as rs. trlRelher vnth ir,surame 1»oreerls. J awy.
r IZ) eawealliwg tie a'arrltaat anti ap depoails .+dl hr la.thrith rrtun«d u. city- (tuYa•r amt the Irvtles .hell FIe relasa+rd d any (urlher liabhty )reraualler
INAINTFNAY('E: BNweew the dale the .,uar:.:t arw) Ilw till.- •.f rhwmg. Ih,• pn.lrn.•. ,n•hrhnK 1-1wn, rhrul,Fn•ty am) lrr,l, of wny, ship be atainbiwed
y Ibe Seller ae lit oorditlaw a. it exeNed as d It1e dale n( the a,Irllr.ui• onhrurr wr.Ir .Irwl u:v ran•111n1
PROCEEDS OF SALE AND CLOSITiG PHOITINIRF: The tir•1ler shill br rnrltl.al 1.. re.enr tllr ran l.r.rr•al• of the s.Ik nt ame d rloirrg. earept iw cwsn
Kerr aror/RaRve rpuiraa title alelerawre 6eforr di.•lwr•rnR furwl.• in whw•11 ara•nt tirll.•r shell I,r rnlirlaa) In l~ymrnt ulrlM rrveilN r,l furwls ftnln mor4t•+gre. Paynlewt shall
made is tie /orta d tad- cashier's beck, certified tlrrrl-. atrmneri Irept a,a,wnt ah1,A. 1,r real Is1an- brokers ervQ ar..Ant cMrk AI! prr,(e•s•IOnw! servre (sea siwil be
~ alrursad u lop at the live o/ elaaiWt.
t ATT(MNEY FEES AND (><I6'I•S: In aocrrlevlron •ith any IIhR.dllyr nnairlR cwt r,f Ihia ,Lntrul. du• pm.ul/nR I+Ir1r •hdl IR enU11..1 l/, na,»er w!I costa iwrotred•
netudtwR reasooaMa attorwey~ /sea.
DF.FApLT: N Boyer /nib b petforw any d the .rwrn.,nt• rIf Iha. r.Mtralr. all nwMr•Y lac p•er«Lmt t., Ihl• .,•nlclrt Iw Ilre Buyer shall br relwiaed iY a1 fw
Ir a,ottwl d Ilse liellet p r•arraide?alirst (or IM exengwM •11 This ..Mlr.a t. and ar eRn.,l :.al Iwlual d1+1 .IarneRr. amt m lull •rtllerwtnl d any rlwirwa tot tbtwyta.
1 he ssper fails b per(orw awy of tht t,.rrwanU d Ihw r,MlGal• ..II minw•y lawl lwlralam to th1...m1r.1.r t1a eM• Ituver..d the ol,tpn d Ile! Bayer, shall M rsttbM
f o tie Bayq M dratawd. er tM Bayer obeli have onl•• the nl:hl d •lwrlfu- lIt•r(urwl.rnre '
i cq
I CONTRACT' NOT RECOROABLB: Thin eantrart or anr rrfen•n.r Thereto s1e.J1 nnl I.e raaard.•.1 in Il,r nQi•r .•1 rlw• /'Mrl .d any ('irrwl Crwtrl d Ibe Stab d FlCii,}lar~
• 1 ,
~ a~thl t!Mttatt W wort tewlratl dal) hind amt hae1tRl the µerliet hereto- their Irerrs, l1a•rvM:/1 relna••.nlaprr•, arr,esv,n and aasiRwe lunlera f1
aeeywsl!b). O
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OTH61t AOiTTi$MEN'1'S: Tea sgreewewb ar representations, unless irln•gnrrtrd m Ihia rnntr:rcl..hdl he MndmR ulrM anr o/ the parties TypawrriUsw N h!~'ax rG
•nltea pravieiaws iraserled iw tiia lofty ar altarbrd hrn•to us :u46•alurns sh.111 r¦MU1,1 all pnrlr..! pron.:•.na m .rw•Ilwl tl,errwdh. The eoven.ub al /his tvatratt 8
urvive deirwrr « ti. d.ed ..d p.eea.i... ~ a
cif. hIAKINO TIhIE OP F.SS>:NCE: Tittle twat M wl.uir the e..c•r« r• 01 r11a arlntr.« : b b•lar m v nun t ~y n~ ~
tto?wer. Nipalslrrl/ a teasaaable live for (utther lrrtblro.Irwr ) g ~v' 1•~ other pasty or,
• 4 I Spp4' iI~EO h~NtC Ff COROEIlD ~ O
~~~,r~CE16'88 ~TKL~IECPWTRASA• ~ a
t CLERK ClRL'IfR COWtj ~ ~