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6. Instruments of Transfer. The lnGusloro be eomreyed at Gealrg Irae ant c1eN of ell lazes. II
<br />etas, except as provided kt §12 Conveyartea shag~• bill of sale w other appllcada legal Wbumenlla). Ar~az
<br />II be eomreyed by s •clal warranty dead or other applicade legal instrument(s).
<br />a Fxelusiona. The of owitq attached fixtures a~ excluded from this sala:nona _
<br />se Prlr set forth below shall ba pryable in U.S. Doliara by Buyer as
<br />No. Reference Item
<br /> §4 Pwehass Price
<br />
<br />§4a _
<br />Eamasl Money
<br />--
<br /> §4b New Loan
<br /> §4c Asstanp8on Balance
<br /> §4d SegN or Prlwte Financing ~
<br />_
<br />
<br />_ _.- §4e
<br />-._____...__ _
<br />Caa'h at Closing
<br />70'TAL _--.
<br />e. Earnest Monev. The Earnest Money sal lorlh Ida Secllan, In the form of [hack _
<br />rrl payment of me Purchase Price and shall be payable to ~ I held by _ Tnnsriallrin f1Tr a L`ompany _ _ _ __, In
<br />-ust account, on behall of bath Seller end Buyer. The parch .wthodze delivery of the Eenrrxt Money deposit to the Cloaing
<br />ipairy. 11 any, et or befwa Cloaing.
<br />6. New Loan (Omitted ea Inapp9wble.)
<br />c. Assumption. (Omitted ea Inappllcade.)
<br />tl. S•Ilar or Private Finaneino. Buyer agrees to ~N;ule a promissory mole payado lo: ftalplr Nlx and Jerry Nix _
<br />-_, _, __ _ ,__,_ __ as I-)Jo :Tenants ~ITenants In Cmnmon ~JOther
<br />_ _ on the note form as im iled: 1~(UCCC - No Dafaull RaU) NTO 82-3 95 ~ (Oaleult
<br />e)NroB7-11-93 ~ )Other _ ~_ _ _ __ _ securedbye FlratDeedofirus~
<br />2nd, a1eJ dead of lru•t errcumbenng~lhe~Properly, umnp ro form as IMicaled: j_~$61et pue-On-Bata (TU 72-Y-B8)
<br />:ndltworthy (TD 7}7.98) Assumable -Not Due On Se ~ (TD 74-7-98) ()Other ..
<br />Buyer jR(Shall ~j Shall Not execule~end Celver, sal
<br />riing the holder of the promissory note a /
<br />~ded In ids sale, The promissory rrote shail~6e amortized ~
<br />~ pN uuart~or Including princlp:
<br />it commence ep days~ro cl~aTir and shat! be due on the
<br />balartee at principal and accrued Interest shall be due and p:
<br />meets ^^ Shall Shall Not be Inweaa•d by __ _ of
<br />nweaaad by _____~ of est(matad annual property Insurr
<br />payment la not received within f0 calendar days eltei
<br />II ba due. Interest On lender dhbrwsamsnts urder the tlaed c
<br />12 . % per annum. Buyer may prepay without a penal)
<br />'osing, a Security Agreement hrid ~UCG7 Financing Sletemem
<br />_ (1s1, 2nd, etc.) lien on the PNSOnaI proParly
<br />me babasi~ of ~ ?p _ ~yeNS Umonths, pryada et
<br />end Interest al-the race of B % per annum. Payments
<br />:r day of each auceeednp pvinN M not sooner paid,
<br />~Ne 10 years . _ _ alter Closing.
<br />limated annual re~ estate taxes, and l' 86x11 §i(Shall Nol
<br />s premium. The loan shall eko ewdain the (oilovang terms: ft
<br />~s due date, a late charge nl s % of such payment
<br />ust siw9 be _ WA % pN arriSum. 6elaWl IntNesl rate shall
<br />+rw•rl .. _ ..
<br />BuyN ~~QShaN j j 86ai1 Not prwlaa a martgageeY 1 ~ huwanca pokey, at 8uyerk .xpensa.
<br />•. Ciah at Ciwinc. All amounts paid by Buyer ~ poring Including Cash et (aosirg, plus Buyer's timing Coale,
<br />II be In lands which comply with all appliuda Colorado law whkh Include cash, elaetrwdc tranaler lards, certl9ed check,
<br />inga and loan taller'. check ant eashl•r'• cheek (Good Fuml-
<br />FINANCING CONDITIONS AND OBLIGATIONS.
<br />a. span Aoolleatlon. (Omitted u k!appbeade.)
<br />h. Loan Commitment. (Omitted a Imppikade.l
<br />a. Cndlt Inlormstlon. II BuyN Is to pay all w pr ' cl Iha Purchase Prlee by exeaning a promissory riots M laves
<br />SdIN w H en extetkrp loan la not to M r•hmad at posh ~. tWS wrdraet la eordl9onM upon SNIerY approval of BtryN's
<br />3nrNal adlity amt anditwwtmnaaa, welch approval shall bs '~~ SaI1N's eels and absolute disci ellon. N each cafe: (t) BtryN
<br />311 supply to SHIN 611 Buyafs Cndll Information Dsa~ ilrt• (§2c), el BuyerY expense, Inlwmallon and documents
<br />neerNng 8uyer'a grrarlclal, employment and wadi[ eondillon; 1 ~ Btryer e!atsanls lhnl Seller may verily BuyN's SnarrJd adllty
<br />d cradllwwtNnesa grxduding oblalNng ^ current credit report) J) any such Inlormatlon and documents received by SeIIN shall
<br />held by Seller M cardidanea, and not reWSed Io othNS e:~ apt to protect SNIN'a ImNaal In tda Iransactlon; (4) If SeNN
<br />ea r!ot provide written valise of SeIIN's disapproval to BuyN ~ r Olaappraval el Buyer's Crrrllt Daadlin• (§2c), then SeIIN
<br />-,cuss this coMiliw. M SeIIN dose provde wlllen nwke of ~ ~sepproval to BuyN w w balsa said dale, this conuacl shall
<br />minata.
<br />d.- Exlallna Loan Review. (Omitted es inapplicr ale.)
<br />APPRAISAL PROVISIONS.
<br />a. t\ponlsal Condition. This subsection a. OSlull 1~ Shall Not apply.
<br />Buyer shall haw ma sale option and election to lerwinats th(i wmracl If the Purchase Price exceeds the Property's
<br />kadon determined by an appraiaN engaged by . N/A . Tha comrew shell terminate try Buyer
<br />drq Seller wilten ra8ce of larminallon and silken as oopy'u' each agxals~i a written notlee Tram lender which ewlirms the
<br />oparty's wluatlon Is leas than lha Pwehas• Price, reeelw ~ 'm w befwa the AppnUal Daadlin• (§2c). II Seller does eat
<br />ceiw such written wtice el lerminallan w w helves the App gal 0•adllns (§2e), Buyer wolves arty right to terminals under
<br />.a subaadlon.
<br />4 Cost of Aonnlaal. Coat of any appraisal Ir .ar odalned allN the date of thh ewdnet shag be lknely paid
<br />by l-J Buyer nSaller.
<br />EVIDENCE OF TITLE
<br />^. Evidence of Title: Survsv. On or before 'I 'la 0•adlina (§2c), Seller shall came to be furnlahed to Buyer,
<br />Seller's expense, a torrent commitment Iw owner's title h, ~aanee polry In an amount equal to the Purchase Pllce w II this
<br />~x la checked, I ~IAn Abstract of 811e certllled !o a ewre~d data. U a title inswance cwmrdlment b (wnlahed. It jRj Shall
<br />~ Shall Not eommti to delete w leaves over the standard
<br />exceptions which relate ta:
<br />(1) parties in poaaeaslon,
<br />(2) unrecorded easements,
<br />(7) survey matters,
<br />(4) any uwacwded mechaNes' Ilene,
<br />(s) pap pNlod (ellaellw date of commitment to b^!a deed Is recorded), end
<br />(6) rmpakl taxes, assessments and umedeemed'nx sales prior to the year of Goaing.
<br />Any eddltiwal w mium expanse to odaln this addil' mat coverage shall be paid Dy Ipfdd Buyer 17 Seller. An amcunl
<br />of to exceed S ~~ Iw the wet of arty Improvemem Iwallw eer111ic~nle w survey shall be paid by
<br />~ Buyer ~ cellar. 17~the cost exceedskris amoum, !'uyar _ shall pay the excess on w helves Closing. Ths
<br />nprovemanl location cerUBeate or survey shall be recerve`d M' 8~ryer w or befwa Survey Ooadl{np (§2a). Se11N shall cause
<br />ra title Insurance policy to be delivered to Buyer as soon as wawlcable al or a11N Cloaks. I 1
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