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RECEIVED
<br />ALPINE: TI I.F. APR 02 ?T111,11
<br />CLOSING INSTRUCTIONS
<br />-IVIS ISA LEGAL INSTRUINIE\T. IF NOT UNDERSTOOD, LEGAL. T.A-X OR O'fHER t ,,i .NEI. ,tYilytiSion of Reclamation,
<br />BE COSI LTED BEFORE SiGNING. Dining & Safety
<br />CA"l \O: 1000494
<br />t'1 t4'�1A6DATE: T331_LA \V:A0
<br />h.ahii`nn .lean Norris (SLLLLRI and Collins Morehead, LLC, a Colorado limited liability cumpany t1I RC!i
<br />Title IC'LOSING AGENT). %%ho agrees to provide dosing and settlement scni:es in .onnectic n tsuh t :c
<br />L P:• •.,m described real estate in the County of San Miguel, State ofC 0. to %vi:
<br />Parcel B, according to the Subdivision Exemption for a Lot Linc Adjustment of Lots 2 and 3 of Section 26. and I hic
<br />Deep CrL k Placer ?IIS 1602`. recorded Jul 6. 1998 in Plat Boot. I at page 2_397,
<br />County of San Nliguel. State of Colorado.
<br />_.... ,sc A!ent is authorized to obtain information and agrees to prepare, obtain. deli%ei and record all
<br />•..•n of le_eal documents, necessar% to earn out the terms and ;ondttions of the Coauact to Bit% and Sei! Rea! `
<br />Di-ccuther 1 ��%till ALL amendntenis and counterproposals.
<br />l .uncnts %%ill be prepared by Closing Agent at the expense of the para or parties as set forth in said Conti a t.
<br />% 6.>m Agent will receive a fee for providing these closing and senlernent sen ices to be the expense of the party or p.utar, sit
<br />conn in aid Contract_
<br />Ci—ow- Agent is authorized to receive funds and to disburse -und, when all funds r"c•:%ed are either ::%ailabL :ir
<br />cui,Jr:,%%al as a matter of right from the financial institution in %%hist the funds have been deposited or are a\a;labie i:•r
<br />ut': dr:n%xl as a consequence of an agreement of financial institution in which the funds are to be deposit, 4 •aa flr,anci.d
<br />tip. . r, ,•. Lich the funds are to be drawn (" GtW Funds").
<br />G Cl .in• A_em is not authorized to release aro' documents or things of value prior to receipt and dishunement "T, 4,10.11 f+;nd,
<br />e .•: pt a, provided in Paragraphs 1'- and 13.
<br />—;m., Agent shall disburse all funds in closing except those fund, as rnar he scparateh in ar;tin_ t:-
<br />1a _-1 ,,r Purchaser's lender on or before dosing.
<br />S:!!rr sill receive the net proceeds of closing by either Closing Agents Trust Account CLrcl,. Ca_,hier' l heck at S.Hl:! , e\4,, --
<br />or i;end, electronically transferred (%vire transfer) to an account specified bJ the Seller, at Sellei s expense.
<br />r.-h,i wr and Seller %sill furnish am additional information and documcnis required b% Closing A_eca offish ,cif! !s-
<br />iiiis transaction, and Purcha,er and Seller further agree tv sicn :md coniplew all and oust, t :� i 1c,pi rr,t ,1-,a:: _ ; , .:.
<br />the Contract. '
<br />lti yang Agent \sill prepare and deliver an accurate, comp!ne and &&ailed Closing St:uett:cnt tc; Pur: :r astir .r
<br />iv sf:.
<br />i i It requested by Closing Agent- earnest money deposit will be delivered to Closing :hent in sufficient time be6•r• cio•ue, t,
<br />di,t,:x>e G000d Funds.
<br />' ii :wsing does not occur, Closing Agent, except as provided herein.:, authorized and a.;recs to return Al documents. nh•n;.,, and
<br />i;;n._- .0 %a!uc to the depositing parte and Closing Assent will be relieved from any further dui}. re,porxibilin .r ..
<br />�,•.r:r,[,oil with these instructions. in addition, am Promissory note. Deed of Trust. or other evidence of indebiednc ,'.i b%
<br />Pu-; oawr, shall be voided b\ Closing Agent, with the original(s) returned to Purchaser and Lop) to Purchasc-r, , Lender.
<br />I i it anv conflicting demands are made on the Closing Agent. at its sole discretion Closing Agent may hold ;um monie, doe:uncr;P
<br />� rtne-s of value received from any party except Purchaser's Lender. Closing Agent shall retain such items until (I i rc,:e:p t of
<br />mw, ....ti %% riven instruction from Purchaser and Seller: or 4221 until a civil aciion between Purhaser and Seller diall have hcen !-,TT if!.,
<br />:ed in a Court of competent jurisdiction or (3i in the altemative. Closing .Agent max- it its sole d; .riot•,.:-,nnrnmi-, .:
<br />nterplead. or interplead in any existing ci%il action. anf docunicros. monies or other things c,t ,.flue io} _
<br />such deposit %%ith the Court shall relieve Closing Agent of all further liability and respon,'bilm and C io,;n :\;a:; , is O 11c
<br />t•, ;dl court costs and reasonable attorneys fees.
<br />Closing Instructions ma% only be amended of terminated b% %%nnen instruction, ,igaed by 1'w:lcrsci. Scil,r .md i 1. ii --Pi d toll. I\SIRUCTIONS: NONE
<br />ACCEPTED AND APPRO% ED
<br />(,•Juts'Morehead. ILL'. a Colorado limited liability company
<br />:> i.ietel L olI... \teniber\iauager
<br />r Rath/.%n Jean turn,
<br />41. 1 ruric I_undquiNt Q60i'nss.. Member Manager
<br />W, !oil Morehead. Member' lanager
<br />!s. 1...i, KathrpMorehead. Member Manager
<br />! itis
<br />\nnekesc Riebcl
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