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<br />,- <br /> <br />ZI'UV-c;.""t-.L~;10 .Lt:.I....J;1 <br /> <br />~ mlL<le hereon shall be r.ned to the purchaser. In th.ent <br /> <br /> <br />~Iw purchaser. and the seller electe to treat the contract all <br /> <br />O~.L oln ~I~~~l' ~U!l~ ~~~ <br /> <br />?r~~~c;.oro.L ,.~c;. <br /> <br />of such default by <br />terminated, then all <br /> <br />\ <br />~ <br /> <br />tk: <br />t~,&'.:fi", .' <br />:~~..::tl' <br /> <br />payments ~ade herunder shall be forfeited and retained on behalf of the seller. In <br />the event, however, the non-defaulting pQIty elects to treat this contract as being <br />in full force and 'effect, the non-derau~ting party shall have the right to an <br />action for specific performance and damsges. <br />In case of default on the purchaser's behalf, purchasers agree to execute <br />and deliver any documenh required by Northern Colorado WateJ' .conservancy District <br />to transfer Subject property back to se~ler. . <br /> <br />'. <br />fit~~:c <br />:~....."... <br /> <br />5. All matters required for Nort>>ern Colorado Water Conservancy DistJ'ict's <br />approval must be ready for presentation to the Distr~ct's Bonrd of Directors <br />for the Decembet: li, 1998 Director's Meeting. <br />Buyer and Seller shall be responsible for paying their own expenses for <br />ownership and encumbrance reports relating to their reepecti~e lands. <br /> <br />6. Sellar agrees to pay brOker's fee of N/A <br /> <br />~ of the selling price. <br /> <br />If all parties have not signed thiS document by NOvember 19, 1998 ,it <br />shall be null and void. <br /> <br />7. Additional Provisions: <br />It is acknowledged that A. }3ruce Johnson is a licensed Real Estate <br />Broker and is a principal in WS transaction and makes no representations <br />or Wcl.rranties other than as stat:ed herein. <br /> <br />. <br /> <br />Date: November'16, 1998 ' <br /> <br />