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HomeMy WebLinkAbout0961 ~ STANOAROS FOR REAI ESTATE TitANSACT~ ~ v~nEtiCE OF T~TIE ~ A~ so~ir~ct o1 t~ va~sU or o~oupnt curr~~t Ov ~~~o~taw~ ~no ~.~u.. s~~~u Inm ~.1 not ~a~~~~ny ~nen ~s.~n~.o as ~o~~t~~ ~.~tl.~.g I~~rt~l VY~yOf{~NO f0 b~ af~ ~~wNt~ 1Y~u4=•1 011Af ~MttYTtM~ aH~CI~nQ lh~ 1111~ lU WYItCt Prppe~ly ~fCOfJ~O J1 :f~le 4uDIK Nt4~t1f OI Int COVnIy whlr~• r. !nt PIOVNtY ~i ~~WaIW. t11~0u011 E//KUv~ Da~t. An ~ustract {I~~U GOTTQf~.• W~LM lM l~fl~~{t YuDl~t IKOlOt. O~ WCA Wl~f Oil~ ~S TaY 4f CutiO~tl~1y M t• ~„ntv wnsf~~H M~ */OPHtY ~f 1~tuitW $~fiM ~iN conrey ~ mark~tatiw ~~U~ wuNC~ only w~~~os. ~niunwrane~~. t¦a~eP~iorn or vwUl~cii~on? sv~ torin M MN ~.W u.:t an~l fhOM whKl? fN~II W O~iCM~q~It/ bY S~IIM N Or WtO~~ cloNna Ma~k~t~oN h[I~ fA111 O~ Wt~~m~~~0 ~o actO~O~nu w~1A aPf+l~taO~r 7~t~r :+lind~rcls a00ptr a~ .,.~no~~~~ 01 Tn~ F ~onoa 9~? and ~n ~cco~4anc~ w~th Iaw. ~on cio~~nq oi tnn tranfactwe wcn ro~tr~ct sna~~ wrconw tne prop~r~ty u~ Bu~~r, ~uD~ec~ io tna ~~p?. u~ ~ctMUGH 111~~M1 DY f~~il TOIlO~Of• YQIN IuUr pa~0: O? IZJ • pt~~ ~ntursntf comm~tm~nt .sa~W bY a Owld~~0 t~llf ~nWe0/ aQ/!~~/~ IO ~tW~ l0 BuYf~. uYN ic~O~O~n9 01 t~1• tl~W t0 BuY~f. af1 ~WnN'f POIKY O~ U111 ~nW?~IfC~ 111 111~ ~TW11ft O~ fA~ puKMi~ p~Kl. ~~?iV(~~ L~{I~ 01 IM euy~/ [O tht P~op~itY. WDIh on~r ~o ~~~~s, ~nC~mDNnCH, ~xCfp~~OM O? ou~Uf~NUOM w~ ~OftA in thif ConINCt and Mos~ whKh tf?all b~ dntharOW GY SNIt~ ~t o~ b~to~~ Nounq Buy~~ aAa r.a.a ]0 OaY~. ~1 aDqr~et. Or S O~~f. it t~tl~ cDmm~tm~nt. trOm tllt~ Of ~K~iv~n~ ~v~OMC~ Ot trtN t0 ~K~muN fartM. If htl~ ~s fOUnfJ Oll~ctrve. BuyN tA~U, w~thu~ aiyf InMfaltN. not~fy S~u~r m~unp sp~cdY~np d~f~ctUl. H p~d d~f~ttls) .r~nOM tid~ unmut~u01~. SNIM a?aU naw 120 a~~t f~om r~ce,u~ ol ~o~~c~ w~~r~. ..n~cn ~o r~mOV~ sa~d O~i~ctlll. ~~d ~t 5~UM n unwec~~shrl in ~~movinQ tAOm witA~n wtl tim~. Buy~. sn~U h~vt n+~ opian of ~ith~? !1) xcepun9 the tu~r cnrn ~a. or (2) a~m~nd~r~y a rtlun0 OI sll TOnNa paW 1?MwnOrr wA~cA sh~ll foithw~th W r~tu~t?a0 l0 Buy~~ ~n~Y tP~~euPO~ 8uy~r ~nd Sa~1r+ shotl 4~ irl~~srtf. os ~ on~ .no~n~?. Of ~II fu~th~~ O~lip~tqn~ undM th~ COnlr~ct: hOw~v~~, 5~11~? ~pr~~f tAat w~ll. if t~tls ~s ~ou~d to W unm~rktublt, use d~l~qe~t ~flor~ to cor~er.t t~. a~~eci1O ~n uH~ w~thin tA~ timi prov~OW tA~r~fo~, u+dualno tM On~~np of n~easw~y su~tt. e E x iSTING MORTGAGES S~i~a ff+sO 1urn~sn ~ su[~m~nt trom tn~ mo~tysp~els) s~ttup tortl? pr~nc.pal pa?snte, m~thoo ol payment. ~~~~r~rs~ rote ~~~u wi~rir~. c~p ~np~tysq~lsf s~~ 90~ st~^d'^Y ~^+bnpsp~.~qu~~~sspprovsl of ih~ Buya or marepapee ~n o~ ~ io a~od def~ult, or fo~ assumOt~ou bv the 8uye~ o~ sa.. ~~,o~isaoe, ana ~ M• m0~[p~pN doM nOt sDDrow th~ BuYN. tM 9uVN m~y rt~cind t~~ ContrKt. or~ ~eqw~es sn ~ntresse m iAe ~n~e~ts~ ~atr o~ ct~arpea a~.• ~or ~r~ I~tiSOf~ ~n e~cNS o1 5100 00. ~N~ BuYt~ m~y ttftu~d th~ C011lf~tt uMl~f S~~~~~ Nlttf t0 piY Sucf~ ioc~lai~ Or Cacist. $allrr anQ BuYr~ 1~~JI1 ~JtA ~~~Y ~O'"• a~ a,., r. t~e. Buvtr shall uf~ rl~fOn~bl~ d~1~y~M~ 10 Obt~~n aPMOVaI TA~ amOUnt O} ~ny ~ie~Ow d~posrK A~Id pY mOrt~apt~ f~+~ll U~ eroU~~~W t0 S~e~~r~ C ~uNCHASE MONEY MORTGAGES ~[1r ? f~ s~pn~Y not~ +nd mo~tp~p~. ~1 ~nY. sAa~l Wov~O~ for a,0 day p~ic~ Prr~od ~n ~nt ~wm o~ Jet~u~~ ~t ~t n ~,,si ~nu.~pa~ ana a 15 d~y pr~c~ pN•o~M p1Q~: Y~~1 pfOv10~ ~Of ~pht of Pr~P~11~nt ~n ~MhON O~ 1n pNt W~t1~0Yt pYM~tY. ~atl ~fpt V~Ovu1t fi~ ..c,.~~rrt~On O? ~ot.n~al i~llust~n~nt ~n ~v~M 01 ~~ail1 OI ! Pf0{1tItY. ~tl fhili W OtMIW~{fvl~ IOIrt~ aOd tOOt~~1t /lQu~/!d bY Sfllo~'L allOfnrV. P~OvK1rd. hOwl~r~ ~r may only rpwn uaus~s curtomanly found ~n mor[paqts and mortqsy~ not~t ytnt~slly ut.l~t~d ~Y savingt and losn mst~sutwns ~n ~A• co.,nTy where.n tn a.o,.rrw ~s ~ocat~0 S~~o mo~tpay~ shail ~puue tn~ own~r ot tn~ ~ncumwrW P~op~rtY to tNp all prwr ~~ena an0 eocumbrances ~n yoou u~~~.l~nq ~nu lorn~d u~ ~..r.~~r ~1 the P~OPlItY 1lOT iCttOl~nq-mO~il~Cil~Ofli 01 O~ IuW~~ aOvit~C~S undlt pt~Ot monpspNsl. Afi werspryt yroDe~tv Uanp co~ver~ w~i~. at oP~~un ol 5~+~.•~ . ~»o~ect tp th~ 1~ln 01 lhf mO~tyi~! ~nd t~~Otnettl Oy ~KOrdld f iff~ne~ny Stittmfntf :UPyEY . Tnr Buyr~. w~lh~f~ Wn! a110wO0101 a~hvlrY Ot s.~atnc• 01 t~ilf ~od e.am~n.twn tnerw~ mar na~e ~ne ProuCr~r survrrru a~ ~~~a aw~,enir ~1 U.~ ti..~.~, ~c.ut,w oy a r~g~ste~w F~orw• survnvor, snONrs My enuoacnment u1 s~~ Prova~v or i~se ~mP~Ove~~.rn~S ~nlanOeJ t0 Ue lo~atr~ un u.r P~uwe~ty ~n ~n_foa.n on ~~nds ol Others. O~ ~wNir ~nv ot th~ Contract co~enanti, t~e s.me sh+11 DfirQ~tM as a t~UC Jr~ec~ ~ . ~ HMIT ES The d..re~. .v.tn~n l~rnr auoweO /or d~~~vtry 01 tv~tl~nc! OI t~LN aad ~w~rn~M~wn th~e+w1, of ~o fa~e~ inan 10 Oars or~or ~o ~...a~uy. wn.~~~trr. u..~• _•s iase, m~y h.vt tne•.mpror~~nQnt• .nspKiW st Buy~r's eap~~s~ bv a Ge~i~fip P~st Conl?ol Opt~ato~ ~e Oet~rm~ns wR~tA~r th~re ~s anr +~s~o1t ~ctwt ~ern~~t• J~,uc~ot. or vis~blc e¦~sunq damaqe from te~m.H .r+/es~at.o~+ ibe ~mvro.em~nts. fl Buyn ~s ~n1o~mW o1 t~ther Q~ Ooth o1 tT~ foropo~np. E~~a w~U nave ~ Qar ~rp~~. Uiit O} Wntll~l flOtIS~ Ihplp~ Or Z QaVi i~l~~ f@I~Clqn O~ i[OMNCtOI, W11KAN!/ OCtun 1~Rt, W~IQ~O Wh~Ch [O Aiv~ all di~n~9lS. ~v?1lllf~t~ v~i1D1f Ot fWt, i~ccera an0 ~sumatW OY ~uucl~w9 or 9~ntr~1 Con~ractot 5lftN st~a~f pay w~.d tostl 01 irNtmnnt an0 r~pa~r Oi i1t tlam~~e ~D to 1:•'h o1 P~rchsse Pri[r :ho.~? wcn cosu •acew Mat amo..nt. BuvM ~a~~ ih~ opuo~ 01 GAC~~bnO C0~1trKt w~[h~ 5 aavs s~ier ~ec~~pt ot convac~or's reps~. ltt~m~~t Dy qwu~, ..,,e:er. ~o~.u eo SN~er. or 9uysr may e~K[ t0 DrOCfW w~tn tnr trsnsacuon, ~D WA/Ch ~1r~ht HYYR sh~~~ ~ec~~ve a e~eo~~ ac uosu?Q~o1 sn s~uoum pw~ to 1':!. o' S„~ F„«nase Pnte. "Term~t~s"'shs~' oe a~emed ~o ~nc~uo~a~l wOOO dl3t~OY~+W O~Qan~~~ hqw~W [O D~ ?lPOrtlO ..~dMthc ~lo.~os Prs[ Contro~ Aci. :..~R~SS .>NO EGRESS. SoUe~ .~arrants tnat tn~re ~s ~nQr~ss an0 pnss to te~ PropNt~ wtl~uent 1or tnr ~~terwed ..a. as drscr~bw ?'ar.y.av~ V11 n.~.~~~' ~~,c ~.~~r ~o .vnr_h ~s ~n accordance wrtn St~nO~rd A. _=~SES Se~~rr fN~ll. nOi I~LS th~n 15 aars p~~o~ to eba.~g. lurn~sh to 8uv~~ eop~~i Of s~~ wn[ts~ ~e~ses ana es[oRpe~ •ecte~s trom fs:n trn~•~t sn~_.tr•u~ en~ ~ ~~C d~•iOOn Ot ti~~ t~nanl~l Oc.uPanCy. tMti~ r34ts inC iOvi~CW ttni an0 1MCUnly tlit4JLt1 D~~O LY t¢naOt. In tlir evlnt $el~e~ ~S _~.~~~r, t0 .~Ut~.n ~ ~ r~D~r. e~Cf? t!n~nt. th! zim@ .ntOrmit~00 ~hall b~ furn~O~w bV S~~~tr [O Bu~N w~lA~n N~O ti~n~ ~tWO ~n II~~ t4~m Ot i$lilf~'t ~1L,~dv~t ~nd Buycr ~.r. .<~tr+e~• contact ee~ani> eo w~h~m wcrt ~nlorm~t~on. SW~r sna~t aNw~r ~no asa~pn ~1~ or.p~nat ~~as~s to 8uyer at Uot~np l 1 E~J~ 3rl~sr Ytal~, 1.,71?~ K~O iht PrOD~rrtY sn0 V~~~~IfY W~np sold MwunO~r. fum~sh to Bu~r~r at [~~i~s Of clOS~ng an ~t1~UerN atl~sUny ~u IIIC JV1a~ilC u..~cs. ~•~.~~:.~+a uruv,o~ea lor M~i~n. ot any I~nanc~nq eta~~m~nts. el~~ma Ot I~~n Or pot~nt~~l I.~nOrs ~n0«o t0 Sr~t~r ~nd fu.tn~. attest~ny tf~ai tArrr n~ve Vern no un~,iu•. ~en•s 1o tn• PrOVf~IY tOt 90 tlarf ~mm~O~al~1Y V~KW~npolt~ OI CIO?~f10 N{M p~OPfRY nat betn unpr0.ltf w~th~n sa~0 t~ms. StUe~ s1y11 d~el~~tr rtlz~tes o~ +v~~.u~. „ m~cn•mc's hrns. •w~c.,eN or qen~rs~ cont~sctort. woepntrsctor~. suvpli~Ps. ~ntl matrr.simsn. ~n JdO~LOf110 Sklllf'f 1~ln ~f1~Ui~~t i~tll~f.q IOflf1 InC n~~~~..•s s s,_~, qcneral contractors. suOcOntr~c~ora, suPDi~~~t anC mat~r~almtn ana turt~~ r~citin~ tn~i ~n fxt all b~us fo~ worr to trte P.o~.tr~v .u.,to se~vc ~s ~ u~•... ~o~ ~cnan~c's I~~n nave O~en Da~tl o~ wdl b~ Da~d at clOS~. - , - , Y_:.Cc OF CLOSING C~oa~n~ shall bt nNd ~n co~ncy MArr~~e ProPerty totatr0, a! tM 01t.c~ 01 at[orr.~V o~ Otns~ c~oa~n9 agant Ors~ynairJ Uv Sei~rr T'.:E T.me .s of tDf ~ssQn[e o~ ~A~s Contract~ -.~Y r~}~aincl n~~e~n to um~ p~noas oT ~~ss tAa~ b a~ts tn~~1 .n tnr comput~UOn ~n~s~eot r4..:uOr ~~Wr~l~ys. 5..• :~v s.anp ~t~~l hO1~O~Y1, aOtl •f~y t.m~ yanoa P~ov~atd to~ Mr~~n ,ntfiCn sh~11 ~qp 00 i S~tu/O~Y. SunJ~V O~ Isy~I hONOrY lhrll ~eat6nd tp ~j.~0 N~r~ Of U~e ~~e~: t..,. _..~a•. cif J~y ~ - ~ - ;~7CuMENTS FOR CIOSING Ss~~er sna~l furmsh o~no. ~~~ecn~me"s I~~n ~lhdavit. ~st~ym~enu u1 ~~.sca. ~~w •n~ co~r~ct~+e ~nstrwn~nts tn.~ ,nav oe r.,y„~re.. .,tci~on w.t~ P~r/~eanp tA~ utl• Bura v+au furn~sA tlos.ny sutement. mortQa9~. mortqaoc not~. wc..nty ayrtt~n~nt. and f~na~~u~0 1t~le*neneS ~ _ ; xPENSES St~t• dOtum~~tary st~~oPS wn~cA ar~ rpuue~ to p~ aHiw~O to tb• ~Ottrum~nl O} COnvtrants. ~nUn9~b1! U¦ o~~.nd ~ecoru~ny u~ ar..r~n~sc n...•.~, Q~•. w I 1~~•~~Vf .V Y~ ~~l~at0 lO Tn! nOI~ Y• nOlcf 3l.JI~10 L~y {t~.• ~ o~:,.~~ io S.u~r ~nd ios• ot .~ord.nu ~n~ eurr}.t!r~ .n~•1~--~e_'~ L`.rl! 1~. :•w ~ S:y:a. • n,;;..~r mo~[~aq• cos[ ot r~coru~np in~ p~~0 ~n0 I~nanc~np s1~i~mMtf snatl b~ W~d bv B~y~r . : ~ROiiAT10N OF 7AXE5 IREAI ANO PERSONAI.) T~wlf inall D~ Yrpr~l~tl D~~W u~ tb~ CunMt ye.~'! taa w~tn Jue atiOw~nc~ n.~u~ 10~ ~~~~.~~~~w~. ~uo.~.~•. . ; s,,,.,ns ano ~omts».O o? otn~r e.em,,uon~ d ~Ilow~d fw sa~o yrar If c~os.np occurs ~t s osee wnan me cu~rene Yli~~L RN41aQ~L .s not L.rd. anu cwrent rea. ,ursur~..nt H svaJiDl~. 1~s~a w01 O~ Yro~riW D~t~O u{~on fucn ~fsessm~nt. •nd 2h~ Pnor ytar's m.ll~yi CY~/YA! ylJf~1 ifSfSSTCAL n nol avJ11J~1~_ lAlh taacs .~u _ „r ors~ra on tn~ P~~o~ vear's t~~. prov~0ea. Dow~ru, ~l ~n~r~ ~r~ comp~~[to ~mp~owmenu on th~ ProV~r[y Dr Jsnusry lst o1 y~ar ot cius~ny wn~ce ~mN~o~srnen~, not ~n ~a~s~~n~~ on J~nu~ry Ist ot i~~ Pnor y~a~. tMn f~~H ~~11 PrO~atrd b~u0 uFOn tn~ Preor y~~r's mal~ye ~ntl rt s~ epu~uu~e assrssn.ent to te aQrc~ . c,ecwecn ene paro~s. fs~uni7 wn,cn, rpuest w~ll be ~*u~fe :o tni GouniY P.~aer[r ~?~fl~s~se* to~ an ~nto~.na~ assessn~en~ uk~nQ .nto a.~ns~~~rst•on no~~~e,i~o. -~.:e~un. ~f anv MOrrfvt~ any tsa pro.st~on nasea o~ 2~b~rlif• mar at repuest c~ s~int~ 4~~1Y ~O thc ir~nsacnon ue suuseq..eneir ~r.uw•trc~ uw;r ~rcc~a:.s a. o~ tonO~tiOn thit i tiaiem~nt t0 ln~t ~lftct. ~f ~t fp~tA ~n tt~s uDS.ng statem~nt •:~cC:~~ aSSESSMENT L~EhS C~rtd~eo, cont~rmecf and raaf~eo sp~ua~ assrssm~nt ~~ent as o~ os~e o~ c~os~np lano not as o~ Ett~..t~Ye O~c~~ •~e cu o~ t+a~' . ~c~~e~ P~na.np l~ans as o~ a~~r o~ Uounp sns~~ b~ asw~neo Dr Bura. pro:~Detl, nowrve~, tn~t a?ntrr tbr ~mpro+emsnt h~s barn suus~..nu~ur ~un•~~e~vu ~s u~ tn, _•.s Date s~cn p~n~~n~ ~~rn snaU ue coni~auea as c~rt~l.cY, cOnlurt.ea or ?al~fieA ~nO Snller fnalt at dosinq, br Cn~rqrU an ~~+.ou~~t tq..e1 tu tae t.ac es~. . c~~e y.,o~~c OO~v ot tihe al11l1LT~f1~ 10~ IDf ~mp~ovtm~nt . . ASiuNAL PR~~ERTr INSPECT~ON REPAIR S~h~ we.r•n~s [n~[ •u ~na~or aqu<<aners. e~r•uny. wo~•~.y c~r~a.c..~. +•~u~~~~..~~y aYSte~ns, rnJ ~~~•~n~n,e,r „r~ ~V _•~~y -ono~UO~ •s of 6 dars u~w~ t0 clOS~ng BuV~r m~~, .1 R~S exOr~te. f1~+e ~nfp~ct~Onf m~de Of sa~0 ~tt~~s Dy I~~enietl uaryans Jaaur.~ .n tn, raw~r s~~~ n.o•*~ ~ .r :~e~w~ ano anii~ r~yort ~n wr~:~ny io Seu~. s~ch ~ee:~,s as »~~a ~ot work~ny cons.uon p..o~ to t•a~n~ OT passess~ur. m~reot, o~ o uars N~~or ~o uoai~.~ j e '~r.~r ~s tnat timess Bu~er reGO~is fauur~s w~In~n fa~a yrrw7. h~ sna~~ ne OetmeO to A~ve wa~w~e] Se1:rt~S wNN~ly af t0 ~edu~rs ~~Jt ~ruOrtc~ Vr~.J rrport~;. ~ _ cs snau be cor~ectw at S~~~e~'s con w~th funas ~heretar eu:row~d at c~os~ng Selhr .yrees io a~o.~oe ac.ess lo~ mspece~pn „~on rr~son~olc noucc ~ - ' iSiC ~F LO55 ~ N tht ~mprO~emMtt aril O~ms~7e0 by fMe Or Othtt CiS~alty pr~Or t0 c10t.nQ. ~nd cosis Of restonnq f~m~ 1oCS [lOt tacte0 3'. O< tAt Aslnssc.`. c~ 01 tna ~mDrOVlmef~tf so Oamage0. CofT 01 reitOqi~on fnan b• an oobqairon ot ~ne S~~~r rne c~os~ny sn.H y.ocero ~,:.rs..am ~o inn carms o~ ontra_c -pst lh~ti~0~ !f[~OwiO ~t c~os~ng. ~n [bf ~vtM th~ COfI O~ rlD~~? O~ ~!f[O~~t~Of~ •aGlt7f 3'. O~ T~1f ~filfY~ ra~~.i[•OQ Of in! .mp.o.e~nrmi so dan.ayea. BeYr- , ,-e tne opt~on ot e~inrr tak~ng tne P~optrtr as ~s, to~?ether wup r~tnt~ tht sa~d 3'. or iny mwr~nze Pro:eeJt p~r.n~t DY +~rtue ot s~ch ~o» or Ja~nrge. or ol ~ ,.r~:'ny Contr.ci and .~c~w~nq rew~n ol aevosn(sl made nereunaer ~,TEl~ANCE No~.v~tnstan0•ny ih~_ prOvis~oM ot S~snaard O., bet.veen Effect~ve Da~e ana c~os~nq aste. De~sons~ properiy reterreo tu ~n Stanorrtl G ! -.,•re. :.rOPdtV. ~~ldvdinp U~n. shrua0ary~an0 p001, ~t iM. st~al{ Dt m~~nti~nW pY S~:ler m th! cOno~t.On [A!~ ea~sted ss of Effecove Dste. oru~n~ry wtar in~ i ~.:e..teo. and 0~~er or Buyer"s Oesiy~~~ wdl De p~rm~ual access 10r ~nspcctwn preOr to dos~n~ m orOir to .Orlt~rm [Ompf~a~c~ vi~ih th~i S:anaa~0 - 4 ~==EDS OF SALE AN~ CLp51NG PROCE~URE Tne aeeo snsn be rccora~o u0on c~ea~snce o~ ~~nus ano e+wanu o~ t~ue tonun„Qa a[ Buyer"s ~:pense. i t.:;e ~n 6~yer. w~tnout any enc~mCrances or cnanpe wh~c~ ~vo..itl r~nO~r Seli~r'f Utle ~nmar..ecac,~e trOM tne dsce ot the last ev~dtnce, an0 [h~ Cash pr0- ~ . ,..r Shsn De hlltl ~n eKrO.v Dy Se~lf~'s attOrn~y or oy tu[h OthN lfC~Ow ~yt~[ is m~y O! m~t~.a~i~ ayrf~ upon fOr s plr~Otl Of nOt tOnytr tbin 5 t~~Vf _ ~ a•te. c:as~n~ a.:e Se~~sr's eni~ rinoereo unmar.eiani~. Bur~r snas~ wi~n~o fi.d 5 J~Y per~OJ. nOt~fy Se~~e. .n .vnnny ot in~ d~~~ct mo Seuer snall :.~~s from Oat~ ol rect~pi of s~cn noUt~ucwn to ~wt sa•~ Otfett. In th~ ~v~nt S~~I~r f~i~s to umeW c~rt sa~0 O~frct. s~~ ~•~on~~s p~~d Aer~uoaer fhat~. uYOn , .~...n~ she~~t~r rnu ~ti~tn~n 5 ~~y~ th~r~att~r, n~r re~.,rnr.t to BuYer •~d. s~mutesnroLSS. r~1D Sa.U~ lCV~yiM:A~. BNYC! sf~+~l vaCaeC Ihr PropY~iV af14 recon c-~ tnr Stfler Ov su2cWl .~.trrantY d~~d In ~h~ t~~nr o.r~r tsns t0 ~r~ote umr~y demi~U tOr r~cfunil. ne snrU la. e t~Ye as :s. wa~v~ng ,sl~ ~.gn~s ~q~•nft 5111~~ . _.,cn ~ntr~ven~nq Jat,cc~ ~.:ept ~s ~naY o• ara~~~D~• w 8..ver or v.rWs of harrant.es. ~1 any, con~a~naw ~n ueed. ~n tne •v~nt • vort~on of ~ttit Durch.se g L! 42h.ea f~om ~nst~tut~ona~ hn~ncin9 O~ •e~~na~c.n~ ~n• rev~~renrents ot tne ienJ~ry~ ~nstd..c~on as [o u~ru. tnne ot d~Y ano oro.euurrs tor clos ~ ~ur J~SL~rfCm~nt of mortqsqr proceecll. snan cont~ot a~•rin~~9 ~~~s Conirsct to ~?+e contra~r ~orwrthftantliny. Pror.JrO. however, t~at tne Sill~r snotl ~~r r~qn2 t0 Nqu~r~ f~om s„th ~enO~nq ~nst~i,.t~On at ~j~.a~r.~ ~_J~~~n~~(Tt~1~ Thij ~t Wdl (10t w~IHhp10 O~SbuKlerTML O1 mOrtgiqt procteOf is 7 res.+tt Ot'~ny trtl~ •r_• 3rcr.c,..tao~e to B..yermortQ~yo. Tn~ esc~oa •~a .to~.np ~~ro_eu,.rt requ~r~o by th~s SianVarO m~y ba warved ~n tAe eve~i the anomey. t~tle egrnt Yr t~OS~~y ~ ,r~_- ~~,s..~es apa~ntt aO.erse m~t~ers purf~ant to Srciwn 627.)841. F S. +s a~n~no~O ~ -~~-~OW A'+y •urow ay~nt r~c~~wny funds n autnor~i~o ano ~yr~~s OY accsP~~^c~ tff~~~of to PromVt~Y dWOS~t ana to nol0 s~m~ .n eurov` an~ to d~sburs.• ~ ~ r s..c,e.-[ ~o c~saranc• ch~r~of .n xco.oa~+c~ w~cD u•ms ~n0 con~~[wna o* Con~r~ct. F~Jure of clWran~e of funUf sha~~ not e<cuse pertprminc@ Dy •hr Suyr~ e.~~~ of ao..D~ as to h.s 0.,~~es or t~s~~t.ues unur~ ine pror~s~ons ot th~s Gon[ract, tAa es:row aqen[ in~r ~n h.~ sOit O~sc~rt~on. cont~nue t0 ho1U tne ~non~~s ,~r ene suo~ect of [h~s sscrow ..ni~l tRe psrurs mutually aqr~e to [DS d~sbu~ttmMt the~eof, or un~J a~uag~nent of a cour~ ot CO~~Det¢nti ~untiu.ct~on shau ~ cne r.gnts ot ~ne p~rt.es inc.eio. o. ne msy Oeposrt ~II ~ne mon~tf than AC~d purfWnt t0. tNrf COntra~! Wrth tnp Clerk O~ [Ae Grwit GOUrt ol (h! COUn[y y;..~~sJ~ct~on Of tAe o~sputt, an0 uDOn nol~fy~n9 all pM.es [Ont~rnW Of futh ~cUO~, ill Irabil~ty On lhe p~~t of the escrOw ~qent fhitllully ti~m~natl, exGtpt , r•tene o~ sccount,ng for ~ny mon~es e~e~eeofor~ d~livreU o~t of ~scrow. 1/ s Ucense0 r~:l estate broker, the cscrowee wJl comply w~th prov~swns of Sect~on ~ 1~ ~c~. F S, as amenoeA ~n tne evem o~ sny su.t oeavren BuYe~ sno Setl~r wher~rn th~ sscrow aqem .s madn a D~~ty Dy vutus o1 ~tLr1y as wU? escrov: ~i_ - ~•ere..nae~. o. ~n tne eveni of anr s~~[ .vn~~e~n stcror aqent ~nterp~esds tlfe su6~~ct ma[csr of th.s eurow, the escrow ~genc shall be en~~t~lO i0 r~cov~r a 2 o~,e sr[o~ner"s te• and coscs .nwrred, sa~O fees antl costs [o Ds cna~sed antl sssossed as court cosis .n lavo? of tne p?evau~nq par[y. All p~ruK apree tML the rt o.. ,yent snau no~ o. i~an+e co anr Partv o. v~rson wnom~o~.•er for mistl~lrvtry t0 BuYfr or SeUS~ ~t momes wD~ect io ih~s escrovv, unless such m~sdtlwrrY sha11 ~ ~o .-.~~~tu~ dreacA of [MS Contric[ or y~on nphQenct ow N~ Pare of the escrow ~p~nt. ~ ; TO~NEY FEES ANO CQSTS in conn~ctwn w~tA an~ i~upsswn ~ntludmp app~lbt~ D~Ot~W~nys ar~s~np o~t ol M~s Con[rut. Me D~evad~np psrtY w~~~ be z ,~o to r~co•e~ ~~asonab~e atcomeV~s ~ess sn0 cos[s. ~ UlT It Buytt ladt IO Pe~~orm [b~s COMt~« vwthw ch~ ums sp~cdi~O, lA~ apOf~lltl pa~O Oy the BvYt? i1o~tla~d msy b~ rlta~ned Dy u~ 10~ tht ~tcOUnt ~ Se~.c~ •s ~Wwosi~0 damages. cons~O~ra[~on tor th~ ea~cut.on n1 th~t Contract and ~0 1u11 ie[utment Of sny cla~rr~f. wAerc~pon all parU~s fha~l Oe rel~ev~a of ~ oc,~ y~t~ons una~r tn~ Gontrstt, or S~~I~~. •t Mt Opt~on, rn~y p~ocleO 11 I~w Or ~n lpu~tY to entory Ais leqs~ r~yAts undN tlfis Cont~~cf. I}, tOr sny reaspn Oth~r ~ ~n •;~,,,re of S~u~~ to ?~ndlr 1?~~ I~p~ m~fk~qDl~ iti~? ddl~ent effor[, SNler fsils, ne9lects or retuws io uKtorm cl~is Contr~ct, tf+~ Buver m~y seek fp~clf~c p~r -ra.+; e or ~~~ct to r~u~w th~ ~~tu~n o1 A~s Oepos~ds) w+tno+t tnsr~Dy wa~v~aq any ictwn fOr Oam~pK r~sulunp trom S~Uer"s b~e~ch. C`v'.TRACT NOT RECOROA6LE, PERSONS BOUND AMO NOT~CE' N~~tAtr th.s Concr~ct nor sn~ ~ot~c• Ntr~of shail p~ tscorOeO .n ~ny pvbhc recoros. t'_orrtrl:t fhall O~~W ~nd ~nur! t0 ln~ O~M1~t Ot thf P~M~K~~~IO ~fW qf~~~ f„CC~fsorf m~n[sr~st. WMn~r~r tAe con[~at p~rm~IS, s~npul~r snall ~nGlud! p1uN1 and - r yrnae~ shall ~nclu0~ ~11. Noi~c~ y~v~n Dy O~ t0 ll+~ attorr?~y for ~~tff~r DartY fhlll b~ as ~HKt~rt ~s if Owen by or i0 N~d p~rtY ~RORATIONS 4N0 ~N5IJRANCE. T~ats, assesvn~nts. r~nt, in~aest, ~nwrsnc~ s~W otAer sapenvs u?o rev~nue ot ttu Property tna11 be prors~~,i as ot eate ~ ~ c~os~ny Buy~r ~I?aU 1fav~ th~ oPtwn of t~kin~ orer sny •.siinq pofic~es Of ,~au~a~c~ on ~h~ P.oa~rtr. ~1 sssuma0l~. ~n wn~cn ~,r~nt Pr~ml~ms sna~l W orora~~l. ~ -.r cav, aT cloanp ff~sll D~ ~ncr~asW or d~c~us~O ~s maY M rpuu~ by saW P~Or~~qn~. All r~l~.~nc~s ~n Gomr~ct co pror~twns a ol dat~ oi clos~.q w~ll p• e'* ,rd '•d~t~ Of OCCUOanty• if Oeeupanev oeeun prypr to elo~q. unr~u otA~rw~s~ prov~aW for Mr~~n. CONVE vANCE . SNIer nwy ~fu~~r+~~.~+~P ~Op~rtr w«~~~~ory wa..~ety d~w wb~~ct oMr q matun cona~nW m Par~Qrapn V 11 n~reot ana tRos~ o~~e. k a: crucp oy Buv~r. 1~~p~opMiy !?~~~[.t~ r~quM Of HuY«, a conv~y~tl D~ ~n aDfolut~ W11 Of f~M wMR~ of ~ifl~. such IHns ss m~v ' o,n~...,,u oro.wea lo. hM • • • T ' ~1~~ ,P~ ~~i~ ` ~ T.+E R AGiIEEMENTS No~ o~~or Or pr~Wnt apr~~m~n[t w i~~~Hnt~i~ons sn~u D~ Omo~np uuon an~ o~ ~n• ~ u I nco p ~n th~s Contraca _ , T~oo,f.catwn Or chanp~ ~n thH COnttaCt f~fall O~ r~l~d Or Ot110.n9 upv~.~A~ PNl~ff urtlllf ~n w~~t.np, u~c~t~a Dr Ds.c~« co o~ OO ~nCt /n~r~Gy ~ ~ ~ -~..a - y'+"^-- - *~`?x.ygZ~~~,~ ~ ~y