2019-02-13_REVISION - M2000077 (5)

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_i 1 Rip Roaring Sales, Inc. 2 Michael Charney 4 Ph: 719-337-6453 Fax: 719-687-8527 5 he printed portions of this form,except differentiated additions, have been approved by the Colorado Real Estate Commission. 6 CBS4-6-18 (Mandatory 1-19 7 8 THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL 10 AND TAX OR OTHER COUNSEL BEFORE SIGNING. it 12 CONTRACT TO BUY AND SELL REAL ESTATE 13 14 (LAND) 15 ®Property with No Residences) 16 (❑ Property with Residences-Residential Addendum Attached) 17 18 19 Date: 1/18/2019 20 21 22 AGREEMENT 23 24 25 26 1. AGREEMENT. Buyer agrees to buy and Seller agrees to sell the Property described below on the terms 28 and conditions set forth in this contract(Contract). 29 30 2. PARTIES AND PROPERTY. 31 2.1. Buyer. Buyer, Materials Management Company(Buyer)will take title to the Property described 32 Y Y 9 P Y( Y ) p Y 33 below as 34 ❑ Joint Tenants ❑ Tenants In Common ®Other in severalty. 35 2.2. No Assignability. This Contract IS NOT assignable by Buyer unless otherwise specified in 37 Additional Provisions. 38 2.3. Sellar. PK ENTERPRISES INC(Seller) Is t ha currant owner Gf the is PrGpC ly UCJ'l I IUCU bCIo11V. 39 2.4. Property.The Property is the following legally described real estate in the County of Teller, Colorado: 40 41 30-13-69 PT L5 E OF HWY 42 To Include an annual lease from the United States Forest Service for approx 14 acres, such lease 43 shall be transferred to Buyer at closing. 44 y g' 45 known as No. 21094 S State Hwy 67, Divide, CO 80814, 46 together with the interests, easements, rights, benefits, improvements and attached fixtures appurtenant thereto, 47 and all interest of Seller in vacated streets and alleys adjacent thereto except as herein excluded (Property). 48 49 50 2.5. Inclusions. The Purchase Price includes the following items (Inclusions): 51 2.5.1. Inclusions. The following items, whether fixtures or personal property, are included in the 52 Purchase Price unless excluded under Exclusions: 53 54 Construction trailer on site, Power Screen Chieftain 1400 Power Screener, Komatsu D1555AX-5 55 Dozer, John Deer644J Loader, any existing contracts with active customers, any extra parts, 56 supplies and fuel tank(s), screens for screener, and other pertinent pieces for daily operation of the 57 58 gravel pit. If any additional items are attached to the Property after the date of this Contract, such additional 59 items are also included in the Purchase Price. 60 2.5.2. Personal Property--Conveyance. Any personal property must be conveyed at Closing by 62 Seller free and clear of all taxes (except personal property taxes for the year of Closing), liens and encumbrances, 63 except no exceptions. 64 Conveyance of all personal property will be by bill of sale or other applicable legal instrument. 65 2.6. Exclusions. The following items are excluded Exclusions none 66 g (Exclusions): fI 67 68 J 69 2.7. Water Rights,Well Rights,Water and Sewer Taps. 70 ❑ 2.7.1. Deeded Water Rights.The following legally described water rights: 71 none j 73 Any deeded water rights will be conveyed by a good and sufficient n/a deed at Closing. 74 ❑ 2.7.2. Other Rights Relating to Water.The following rights relating to water not included in §§ 75 2.7.1, 2.7.3, 2.7.4 and 2.7.5, will be transferred to Buyer at Closing: none 76 ❑ 2.7.3.Well Rights. Seller agrees to supply required information to Buyer about the well. Buyer 7sunderstands that if the well to be transferred is a"Small Capacity Well"or a"Domestic Exempt Water Well" used 79 for ordinary household purposes, Buyer must, prior to or at Closing, complete a Change in Ownership form for the 80 well. If an existing well has not been registered with the Colorado Division of Water Resources in the Department 81 of Natural Resources (Division), Buyer must complete a registration of existing well form for the well and pay the