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' of precise physical description and have no market value except as <br />scrap or salvage and Purchaser accepts the Inclusions "AS IS". At <br />closing, Seller will convey the Inclusions by a Bill of Sale <br />describing the Inclusions in general terms as "all tangible <br />personal property, chattels and fixtures on the Property at the <br />' time of closing." Purchaser assumes all risk of injury or damage <br />to person or property and all costs and expenses incident to the <br />disposal or removal of the Inclusions as of the time of closing. <br />-' Seller makes no warranty, express or implied, as to the quantity, <br />description, value, usefulness, fitness or merchantability of the <br />Inclusions, and Seller retains the right to remove any or all of <br />' the Inclusions prior to the date of closing, which, if done, shall <br />not result in modification or termination of this contract. <br />3. Purchase Price. The purchase price shall be <br />' payable in U.S. Dollars by Purchaser as follows: <br />(A) Earnest Money. in the form of cash or <br />' personal check as earnest money deposit and part payment of the <br />purchase price, payable to and to be held by Reams, Reams & Coff, <br />Attorneys at Law, on behalf of both Seller and Purchaser. Reams, <br />t Reams & Coff is authorized to deliver the earnest money deposit to <br />the closing agent, if any, at or before closing. <br />(B) Cash at Closing. to be paid by Purchaser <br />t at closing in cash, electronic transfer funds, certified check, <br />savings and loan teller's check, or cashier's check. <br />' 4. Good Funds. All payments required at closing shall be <br />made in funds which comply with all applicable Colorado laws. <br />' 5. Not Assignable. This contract is not assignable by <br />Purchaser without Seller's prior written consent. Except as so <br />restricted, this Contract shall inure to the benefit of.and be <br />binding upon ':the heirs, personal representatives, successors and <br />' assigns of the parties. <br />6. Evidence of Title. Seller shall furnish to Purchaser, at <br />' Seller's expense, either a current commitment for an owners' title <br />insurance policy in an amount equal to the purchase price, or at <br />Seller's choice, an abstract of title certified to a current date, <br />' on or before February 10, 1994. Purchaser may require of Seller <br />that copies of instruments (or abstracts of instruments) listed in <br />the schedule of exceptions (Exceptions) in the title insurance <br />commitment also be furnished to Purchaser at Seller's expense. <br />' This requirement shall pertain only to instruments shown of record <br />in the office of .the clerk and recorder of Mesa County, Colorado. <br />The title insurance commitment, together with any copies or <br />' abstracts of instruments furnished pursuant to this Section 6, <br />2 <br />_ ,, <br /> <br />