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<br />139 of the promissory note n , 2nd, etc.) lien on the personal property included i s sale. The promissory note sl amortized
<br />14(1 nn the basis of ^ pears ^ ntonlhs, payable al S per ncluding principal call
<br />141 imcresl at tl,c role of `~ per annum. Payments shall commence mtd shall he due un the
<br />142 day of each xuccceding If noI sr,nncr paid, dtn b of principal noel at•cntctl interest shall he clue
<br />143 nntl payable uhcr Closing. Payments ^ Shall ^ Shall Nol he
<br />i•1.1 incn•asc,! 6y of estiutatcJ annual real estate ., and ^ Shall ^ Shull ivut be increased by _,-__,_. of
<br />14S - cxtimolcd annual properly insurance premium. 'I'hc .tall also contain Iht following Icrnts: if any paymcm is nut rreeivcd within
<br />Iq(, culcndar days after its due , a late charge of 9F of such monthly payment shall he clue. Inlcresl on leader dis-
<br />147 hII LSCmeatS Illldef Il,e dCC(I Uf I .1 he 9F per annum. Dcfauh interest rmc xlmll he 9n per muuu». Iluycr n,ay prepay
<br />14R without n pcnahy c
<br />149 _
<br />150 ~ ilu)el 0 fl+nll B 6he1M),+!-pror+ek'e~+mreFrtFe~°+titicinmTen
<br />I S I e. Cush al loosing. All amoums paid by liuycr m Closing inchtding Cash at Closing, plus Buyer's closing costs, shall he in funds which
<br />IS2 comply with oil applicable Colorado laws, which include cash, cleclronic Transfer funds, certified check, savings and loan teller's check noel
<br />153 cashier's check (Gaud Funds).
<br />154 tftN9~1'kH1llll;I(IAr1YE)N4.
<br />I SS ar m:.a,'.i,plienlim+r-IH3u;,aFt9+npay~nll nrpnr(AFthePurel,nae-Pfiee4+y~nh(niningal~tew-loan,~tr-iFnrreltintinglnnnix mu In he relens
<br />ISG :u Closing, Ihrycr, if rcyuircd by such lender, shall make written applicmion by Lnan Applit:allun Uendline (§ 2c)~ Buyer shall c•nnpernte Id,
<br />IS7 Scllcr and lender In nhmin lomt apprnvnl, diligently and tin,cly ptwil~simc in good faitl,, execute all dncumcnls and furnish all inform ' m nntl
<br />ISA dOCll»Ie.^IS 1'Cgllll'C(l by ICII(lCL all(I, xahjcl'I III § 4, tintcly pay tltc , I t ~ut•h Iran or Icndcr consent. Iluycr agrees to sn'. y the rcn-
<br />IS9 .vnmhlc rcquircmcnt.c of lender, mul shall ern Withdraw the loam nr axsuntptiun applicnlinn, nor intcwionally cause any dmngc' circunst:utccs
<br />I (dl which would p«judicc lender's approval of the Iran applicalinn a hfg y{ IJ}pj(pn.
<br />IGl b. Loan Conunilmenl, If Iluycr is In pay all ur part u u u.e by obtaining a new loan as sptxificd: § 4h, Ihix contract is
<br />IG2 cunditinnal upon Buyer uMaining a wrincn loan conuuiun + I •lud' if rS t ud'rcd hy l~ender, 11) Icndcr vcrifitatim rtlrcntplnymcnl, (2) lender
<br />~~~'' 1~~19~~~ S d t ) sr~
<br />IGl tq,pn,val of Ihrycr's crrdil-worthiness. (.)Icndcr vcrific•u , , u IW~N~7R4l49Kunds In close, and (4 eaficalinn of any rcnc,ining
<br />IG•t «qui«ntents far I'uuding snit) loan. 'I'bis condition shall he deemed waived unless Scllcr receives from Ihtyer~i Inter Ihmt Lonu Cnnunlln,enl
<br />IGS Uendllnc (§ 2c), wrincn nnlicc of Ilnyrr's inability w obtain such loan canuuiln,cnl. If Ihrycr su nnlifi . Scllcr, This cnnlmcl shall Icrminalc.
<br />I(,(, III IIIIYI~,ii \VAIVI?5'1'1115 ('(INUI'1'If)N Ilil'I'U()I:5 N(1'I'('I.()Sl:,llll}'Islt SIIAI.1,111+. IN UI~, lll;l'.
<br />I G7 e. Cn•Jil Inhn•nudinu. II Iluycr is In pay all nr p:"t nl the 14uclmxe 14 icr by executing a Illlxtinry III,IC IIt laver al SCIIPI' nr 1(811 Cxlsl-
<br />I fiR ing Iran is not u, he «Icascd m Closing, Ibis contract is cuuditinnal upon Sellcr'x :,p1,r11val of ^ 'f'S II IIaaClal ahlhly nl,ll L'redll \Vnr11,111exS. WIIICI,
<br />Ifi9 appu,val shall he ;11 Seller's tinlL` ;Intl IIhSa IIIIC dl4'I Clibll. 111 Sllt'h C:ISC: (0 ^IIYCf shall sup, In Scllcr by Iluyer's C,rdil hdurnudlau Ilendllne
<br />17(1 1§ 2c1, al ituyer'x rxpcnsc, infunnatiun and dacun,cmx cunrrminR Iluycr's financial, pluylncm rant cralit condition; 12) Ihrycr cunsrnts thot
<br />171 Scllcr m;,y vcl il)• Iluycr'x linaueial ability and c«dit\varthincss (including nhlainit ,I current credit « porq; (l) arty such inlonumiun mul door
<br />172- n,ruls «rcived by Scllcr shall he held by Scllcr in ennfidrnee, and ant rdeax to others except t` protect Seller's interest in this trnnxactian;
<br />17l 14) iI Scllcr does nut pmvide wrincn nnlicc of Seller's disnppraval to Ouyer )Isnpprnvnl of Iluycr s l.'redlt Dendli,~ (4 2c). then Scllcr waives
<br />174 this condition. If Scllcr Jaex pn,vitle wrincn notice n(dis:q,pn,v;d In B er on nr hcfnrc said dale, this conlracl shall Ienninalr.
<br />175 d. 1sxisling Lunn Review. If alt existing Ivan is nut la be rued of (.'taxing, Seller shall provide copies of the Iran dnruntents (inchal-
<br />176 ing note, decd of trust, noel any modifications) m Buyer by hxl tg Loan Uocumenls lleadline (§ 2c). -Phis contract is cnnditiunal upon Ihlycr's
<br />177 review and approval of the. provisions of such loan dot•u nts. If written nnlicc of objection In such Iran dnnunenls, signed by Iluycr, is oat
<br />I7R rcrcivctl by Scllcr by the llhjeclian In Existing Loa eadline (§ 2c). Iluycr accepts the Icrnts and conditions of the dncumcm;. I f the Icndcr;s
<br />179 approval of a Imnsfer ul the Property is required Is cuntran is cundilian:d upon Buycr'x nbhlining ylch apprtwal wII11mI change in the Icrnts
<br />I A(1 such Iu:nl, except ns set forth in § 4c. If Ica s approval is nut ohmiucd by Approval of Loau'IFanster Uendline (§ 2c1, this t•nnlra(•I shall Ier-
<br />181 mingle nn such dale. If Seller is to he axed from liability under such existing loan and Iluycr tlacs nnf obtain such compliance as set forth in
<br />I R2 §.4c, this cnnlmcl may he Icnninal al Scllcr's option.
<br />IR3- fi. APPRAISAI,1'ROVI N5.
<br />I R4 :,. Appraisal Canpli ant. This suhscclinn a. ^ Shall ^ Shall Nnl aPPIY~
<br />IRS Ihrycr shall ha ~,e sole option and clcelion In Icrminate Ibis cmttract if the Purchse Price exceeds the Property's valumiun dclennined by
<br />I R(i rot appraiser cn + tl by . I'hc Ca111mC1 sIIDII lerllllllall' by 1111ycr glvlllg Scllcr
<br />I R7 wrincn null ~ ol'termumtian and either n copy of such appraisal or wrincn notice from Icndcr which confirms the Progeny's valuation is Icss Ihnn
<br />I RR the Pur .,se Price, reccivrd on nr before the Appraisal Uendline (4 2c). Ir Scllcr does not receive such written notice of icrminmirn, nn ar hcfnrc
<br />B9 Ih • ppnu.ad Ih•adlinc (§ 2c), Ihrycr waires any right In lerminatc undtt this snhsectinn.
<br />~xt-"~r ^,-~'ItP:.'x4eaGll,lw;:,:..•^,,,a,..~°t,^ff4+a+irttely-paid-i+y-9-mrR,--^~:;<Ifer:
<br />190 .
<br />191 7. F,VIUI?NC1~.()1~'I'I'I'I,E.
<br />192 n. Evidence nf'1'ille; Survey. 4n nr hefn«'I'ille Uendline f§ 2c), Scllcr shall cause to he famished In Ruycr, nt Scller'x expaac, a nn-
<br />193 rrul canunilmcm for owner's title insurance policy in un amount equal lu the Purchase Price or if this box is checked, O An Abstract of title
<br />194 ce.rtificd lu a currem dole. If a title insurance comntiunem is famished, it O Shall 18 Shull Nal~Eommit to delete or insure over the sl:mdarJ
<br />195 exceptions wl,icl, relwle lo:
<br />196 (1) panics ill possession,
<br />197 (2) ,tnrccurtlcd easements.
<br />IqA (3) survey maucrs,
<br />lyy (4) any unrccortlcrl mechanics' liens,
<br />21H1 (5) Rap period (effective dale of cnnvnitmem to date deed is recorded), nnJ
<br />2111 (fi) unpaid taxes, assessments and unrcdcrntcd lax sales prior In the year of Closing.
<br />202 Auy additional premium expense m obtain Ibis additional coverage shall he paid by ~( Iluycr O Srller. An *mnnu nt not u, exceed
<br />2117 S 3 000 _ far the toss of any in,prnvcn,rm Inrmian ccrtifit•mc or survey shall he paid by ^ Iluycr ~ Seller.* I I Il,c l'OSI c%CCCds Il,lx
<br />BU e [ ._,__- shall pay the excess nn m hcfnrc Closing. 'Tile inlprnvcmcnt location cc,tificalc or survey slmll
<br />2114 ,k'unnunt. _,_.y-_
<br />205* In~rercivcd by Ouyrr no or hcfnrc Surve}• Ilrodllur 1§ 2t'):-fitikraM,H~mt+eZltc title insurance pnlic~r ibcldellvereJ In Iluycr as soon ns practi-
<br />2llfi cable al or alter Closing. 1
<br />y07 b. Copies of lixceplions. On or hefare'1'llle Uendline I§ 2c), Scllcr, at Scllcr's expense, shall furnish to Iluycr, (I) n copy of any plNS,
<br />211R deelaratiunx, cnven:Imx,,ota,dilians and rexlrictions M»dening the l'n,peny, and (2) if n title insurance mmmiunem is require) to he furnixllcd, and
<br />2110 if ddS hex ix checked p C'oples of any Other Ihu•uments (nr, if illegible. xunnnnricx of snch duauncnlx) listed in the schedule of cxt'cptions
<br />2111 flixceptinnsl. liven it the hux is nut cheekeJ, Scllcr shall have the nhligluion lu furnish these docuntenls pursuant to This subsection if requested
<br />21 I by Iluycr any tin,c on or before the Ih,cwuenl liequcxl Ucntlllne 14 2c). 'I'bis requirement shall pertain only to ducmncntx as shown of record in
<br />212 Iha oflire of the clerk :uul remrder(a). The abstract ur title insurance cmnmitmenl, together with any copies or sunvnaries u(such dncumaas fur-
<br />213 nisheJ pursuam to this Scctiml, constitute the tide dacun,entx (Tine Dnwmems).
<br />*any deletion of the standard printed exceptions will be at Buyer's sole cost and expense
<br />**See Rider
<br />**+t ordered by and
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