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<br />and except the following easements: None
<br />and subject to building and zoning regulations and the following restrictive covenants:
<br />Any encumbrance required to be paid may be paid from the proceeda of this transaction.
<br />5. AC General taxes for 19 80 shall be apportioned to date of delivery of deed based on the moat recent levy and
<br />the moat recent assessment. Personal property taxes, prepaid rents, water rents, sewer rents, and interest on encum-
<br />brances, if any, and
<br />shall be apportioned to date of delivery of deed except that:
<br />(, 7X With respect to the growing crops the seller and purchaser agree as follows:
<br />7. AtThe hour and place of closin shall be designated by the seller and shat I be forty~ve 45 d ys after
<br />~tue se~lerrat tiftes se~ler that the gravel deposit has been accepted,in writing, delivered
<br />B,~Posaession of pr
<br />subject to the following leases or tenancies: Npne
<br />9- >yt.)(1'he risk of loss from any damage to the improvements by fire or other casualty prior to date of closing shall
<br />lu+ on the seller, provided however that if the seller shall maintain insurance on said improvements which will com-
<br />pensate for the ful( replacement value thereof, the seller may at his option assign the proceeda of said insurance to
<br />purchaser, in which case the purchaser shall complete the transaction as herein provided. The risk of loss for any
<br />danloge to gt•owing crops, by fire or othet• casualty shall be borne by the party entitled to said crops as provided in
<br />paragraph R and such pnrty shall be entitled to Lhe insurance proceeds.
<br />1Q, ydt Time is of the essence hereof, and if any payment or any other condition hereof is not made, tendered ol•
<br />performed as herein provided, there shall be the following remedies. In the event a payment or any other condi-
<br />tion hereof is not made, tendered ol• performed by the purchaser, then this contract shall be null and void end oY no
<br />effect, and both parties hereto released from all obligations hereunder, and all payments made hereon shell be re-
<br />tained on behalf of the seller as liquidated damages. In the event that the seller fails to perform any condition
<br />hereof as provided herein, then the purchaser may, at his election, treat the contract as terminated, end all pay-
<br />ments made hereunder shall be returned to the purchaser; provided, however, that the purchaser may, at his elec-
<br />tion, Lreat this contract as being in full force and effect with the right to an action for specific performance and
<br />damages.
<br />11 , }~ In the event the seller fails to approve this instrument in writing on or before
<br />19:, or if title is not merchantable and written notice of defects is given to the seller or agent within the Cime
<br />herein provided for delivery of decd and shall not Ile rendered merchantable within 160 days after such written notice,
<br />then this contract, at purchascl•'s option, shall be i•oid and of no effect and each party hereto shall be released from
<br />all obligations hereunder and the payments made hereunder shall be returnod forthwith to purchaser upon return of
<br />the abstract, if any, to seller; provided, however,~that in lieu of correcting such defects, seller may, within said ISO (~ „
<br />days, obtain a commitment for Owner's Title Insurance Policy in the amount of the purchase price shoeing the title y\~4~\J\
<br />to be free from such defects and seller shall pay full premium for such Title Insurance Policy.
<br />~C$ntinued ~r~att~~he sfleet~
<br />13. X Pon approva ereo y the se er, t is agl•eement shall Ilecome a contract behvicen seller and purchaser and
<br />7911a11 rite~~p!~1~b~,1Bo;~1>~~~t~, ~uQ~sors and assigns of said parties.
<br />t flG D4~IIO3 GRIGF1TCi4 G!_'JD. `
<br />DENVER, COL ~ IRCO Sr//rr
<br />Purehuer Date
<br />Purehuer Dete
<br />Sellm• appt•ovea the above contract this day of , 19- and agrees
<br />to pay a commission of -70 of the gross sales price for services in this transaction, and agrees that, in the event of
<br />forfeiture of payment made Ly purchaser, such payments shall be divided between the seller's broker and the seller,
<br />one-half thereof to said broker, but not to exceed the commission, and the balance to the seller.
<br />1 Iona-TFte"property shall be surveyed by the a a vanes
<br />the costs of the survey. However, o the property is not completed an
<br />sale thereof not made to rein provided or as a ay
<br />p mount actu o e survey o aid property.
<br />Seller Seller
<br />~~ ~ //
<br />Purchaser's Address - ~~~ •~-f ~~~- ~ /~ ~ aj-~.. C e~0
<br />Seller's Address
<br />``)
<br />-; j ~tiy
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