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<br />f'I-(UM IRGO NRT. RES. SECTION .TO <br />0~04/~? 13:48 3036594 <br />~- <br /> <br />303 6SS 4474 <br />JW1l INC. <br /> <br />1997,04-07 <br />. <br /> <br />11.52 #763 P.07/0S <br />PAGE: 07 <br /> <br />- 2 - <br /> <br />3. Buyer and Seller shall pay the ir respeoti va expenses in <br />lIIeet.ina the requirement.s of Northern Colorado Water Conservanoy <br />Diat:r:l.ct for tile tranafer, includine obtaining an ownership and <br />enCluabranae report. All doouments required b;y Northern Colorado <br />Water Conllervanoy Distriot must be ready tor presentation to tbe <br />District'. Board of Directors b;r April 1 19.22... The <br />transfer fee ehall be paid, by the Buver <br /> <br />4. Time ia of the eaaenoe hereof and it an,. pa;yMent or other <br />cond1tion hereof is not made, tendered or performed bT either the <br />Seller or the B~fer as herein provided, then this oontract, at. the <br />option of th.a party "ho i. !lot in default, lIIay be terminated by <br />such party, in whieh ease the Don-default ins party may recover such <br />d__gea all may be proper, including cosi;s and attorney tees, In <br />the event. of defau1t. by either party, nothing herein shall be <br />Qonatrued to prevent the non-defaulting party from requiring <br />speoific performance of this contract. <br /> <br />5. If the transfer is not approved by the Northern Colorado <br />Water Conservancy Distriot tor lin,. reason not the fa\llt of the <br />partiea, then this Agreement shall be considered null and void snd <br />the funds as described in Paragraph 1, held by Jaeobucai Water <br />Brokers, Ino., shall be returned to t.he Buyer. <br /> <br />6, Seller warrants that title to the Water will be conveyed <br />free and clear of all liens, prior or preemptive rights to pur- <br />ohaas, enc\lmbrances and assessment.s, except for the current year's <br />taxes assessment, leases Or other pending sales agreements or <br />"first riahts of refusal." Sollor ~ill pay taxes for year 1996. <br /> <br />.,. This agreement consti tute. the entire agreemeni; between <br />the parties hereto, ~nd pertaining to the subjeot matter hereof and <br />a~per8edes all prior aireements and understandings of the parties <br />with respect to the subjeot matter hereo~. All prior and <br />contemporaneous conversations, negotiations, poad bIe and alleied <br />Aireements, representations, convenants and warranties canoernins <br />ths subJeot. matter of this agreement are merged herein. <br /> <br />8. The closing reterred to herein may not be a formal closing <br />with parties present and documents exchanged but all deliveries and <br />disbursements shall occur at the office of Jacobucci Water Brokers, <br />Ino., 150 S. 17th Avenue Dr1~e, Brighton, CO 80601. <br /> <br />9. Although the quantity of the water purchased is expressed <br />in acre feet, t.he actual water available is deterlllined by the <br />District. from year to year. The Seller makes no warranties <br />expressed or implied regarding the act.ual quantity that is or may <br />be available. <br /> <br />10. Jaoobucoi Water Brokers, Ino. represents the Seller <br />The Seller agrees tc pay Jaoobuoci Wat.er Brokers,' IDe, <br />00lRllli8810n in the amount of - - - % of the purchase price <br />, 100. OO/af unit for servioes that have been rendered in this <br /> <br />F :J" J.? <br /> <br />\:1'1 oJ fJ~ P.R. <br />,J'S)Lt/ <br />/Jr.d <br /> <br />. <br /> <br />a <br />or <br /> <br />c}rv- <br />