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r <br />1 14 Ro GIoN earl [ nt. c..aub.. jctii mss) <br />dwreeumamtel~r aarem.reustmapmt®1 <br />PlHlASaf .Nx PsH1a'Tas •HSren W aI~OUY <br />rm row ass wrmnaas saes. corns ac uolco arm rex rearm scans taouv sacau.wo rAx a trtswt tam a a grog s gtsrmc <br />CLOSING INSTRUCTIONS <br />Otle: _ Mase/s 18 Y00f <br />1. Jury Nlx __ _ .. _ a r) <br />ma Owens Bros. oncrafe (Buya) <br />enpp ranana~ a Co any ~ Z( r6~ComDmy). <br />who sped tP pmr < s [ m sett ascot sue wnoW n wit t e s {ofthe Tot o InH~a-~atue rTi i e untY of <br />Wald . Colonda, to wit: NE/I, NWAISE/1 Sec. 2B, T{N, NBYWCOnWnlnp 2W atRS mare orlasa <br />dao knows m: WA <br />CRY_ __ _-_-.-`Stoic __.__.__._____.. __ Zfy <br />2. Closing Compmy k wthorized to obliln Information, and spm to prepare, obtain, delha and rewrd ill dowmmb, excluding Orepvtlbn of legil <br />documents, necessary to carry out the toms and wodilions of the Connem to Buy and gill Reel Esttlt dtled March 15, Y001 <br />with my wunterproposaB and amendments tllached (COniram). <br />3. ClosbgCompeny will receive a fa oot to sued f ~ for provWing thus clasbg and settlement saviar to be the mprnrc of <br />Buyer and Seiler ecuallyshared __ <br />1. Closing COmPmy k wtharved to receive funds and to dkbune whrn tll funds received are either: svilleble for Immedkte withdrawil u • muter of <br />right from the Mmcitl brtirvtbn in which the ibnda have ban depoaktd or v<evtllabb for MmW late wkhdrawai m e wnsequmce of m apeanmt of e <br />Mmdtl Iwshution b whkh the tunas arc to ba 0<poWed or • MmcW W cltusbn upon which the fl(nds vC la be drawn (QPPd Funds). <br />5. Closin{Compmy k not euthorirzd to r<leme ay dowmenta or Ihbp of viluc prbr 1P receipt and dkbunanent of Oood Funds, except m pro- <br />vided b SMIOm 10 and 11. <br />6. Closing Compmy shall dkburse tll funds, Including real acme wmmksionf, except those mods a nrey 6e sepvtl<ty dkclosed M wrking to Buya <br />and Sella by Cimin{ Company err BuyerY Imdu on or before Dosing All parks apx that no one other then the dkbune can ensure Ihtl pryaROf lonw <br />and other dBbunemenb will aaudty be made. <br />Y. Sclkr will rcceha the net Protteds of ebaingm indiWtd: ~(~~~ mshkr4 check tl Sdier's apense. l_) (ands eiearonlWlY trwkrred (whe [ramfeq <br />to m ettoum syeelfwd by the Sella, v Seller's expense; u ~ C(osingCOmpmy's Host account check. <br />g. Buya and Sella will fmnkh my additbntl information and dowmenta rtquked by Closing Compmy whirl will be nemsary to wmpkte thk <br />trensaclion. <br />9. Cbsin{Compmy will prepve and deliver m accoutt, wmplae and detWed ebsing sltlemmt to Buya and Seller al time of dosing <br />I O. If dosing dos not oceuy Closing Compmy, exttpt u provided hack, k wlhorked end epar W rctum ell dowmmts, moniu, and thing ofvelue <br />t< the bepositin8 pent end Cbs1n8 ComP*nY will be relieved from arty further deny, raponalbRily or Ikbghy In wnnecllon wllfi there kstrvdkm. In <br />addition, my promkaory nPle, deed of trust, or other evidence of ind<btednaa dped M1y Buya, shell be voided by Closing Compmy, with the origintl(s) <br />r<mmed to Buya and a wpY to Buyerk lender. <br />I1. If my wntliabgdemmds arc made on the Closing Compmy, v hs sole dksttlba, Closng Compmy mey hold my monks, dowmmlf, vrd thing <br />of vdue received from my party except Buyers (coda. Closing Compmy shill rtttln mfi Rans unto (1) receipt Pf mood written bslrvetion from Buyer <br />mdSetta; or (2) until ecivB ectbn bawem Buya usd Belles shNl have ban saolved b eCAURof wmpetmtjurkdktion; a (3) in lbe illunative, Cbsing <br />Compmy mq, k its sole dkaetion, commence a chit xtbn to ktapleed, or, interplesd N any mktbg clvB anion, my dowmenta monies or other thing <br />of vtlue receives by Claaing Compmy. Such dcpwit with the Court shill rtlieve CIPSN{Compaay of W further IkbilRy and rmponsib{ity and Closing <br />Compmy shall be <ndtled to ill wort web and reaonable tllameys'far. <br />12. Thee Dosing ins[rvdioa may only be upended or termktled by written instrvabm sipW by Buya, Shca and Closing Company. <br />13. Tile lntcmd Revenue Service and the Colorado Depmmmt of Revrnu< mey requlrc Cbskg CPmpeny 1a withhold a subatentiil portion of the <br />prvoceds of thk sale when Seller either (a) k a [Prcip person or (b) w10 not be a CalPredo resident aRa closing S<Iler should bquirc of Selkr'a tw advkor <br />to determine if wkholding applies or i[m exemption mkts. <br />14. Spwiil lns[rvaions: _ <br />I5. Then Cloaing Instructiem mey b< exewtcd by tech Buym, Sdkr and CMsbg Compmy bdivNuilly and when each Buyer, Sella and Cloaing <br />Compmyh exewrcdawpY flhae Cloainglnslrudiom,tuch wpia taken lopiha shill be damedla beefullmdwmpktewntrea baweenthepertla. <br />APPROV D AND C ~ D <br />Sca<q t ~ - ~ Shcer <br />J ~ Ja Nix Dtle Date <br />Soc`sirSamh $Pdil SewrhY No. ___._.__.._.__._.____~__ <br />Buya ~ ` ~/ Buytt <br />OWans Bros oncrefe tlc D<tc <br />Socitl Severity NP. _ _ Sodil Sewrhy No. ___ _ <br />Closin{ Company; TransnaUon TlUa Company <br />By: _ <br />Title Dale <br />(TO BE COMPLETED ONLY BY BAOREA AND CLOSING COMPANY) <br />Phil Fosfar and Company (Broke) engage Closing Compmy m Brokers Saivmer to wmplete, <br />forsfce oat to ezceedS 5.00 tltb<sole cxpew<ofBrokcr, the following kpl dawmrnb:~ Deed Q Bill ofSile ~ Colorado RW <br />Esitle Commksion Approved Promksory Note and ~ Colarede RW Ea[sl<COmmksbn Approved Deed of Trvsl. <br />Tae documrnts rtated above shell 6<subjed to Broker's rcv'¢w and approvd and Broker aeknowkdiis thtl Brak<r k rcsponstble [or the accuracy afthe <br />above bacumcnts. <br />Ciosin{Compmy shill pay rail elate wmmksbns tl dkbursement m (allows: <br />L'otb{COmpmY. Wilson and Assoelafes paid by SBIIeI 20% <br />Selling Compmy. Phl1/FOSter and Company ptla by Seller _ _ 20% <br />Oth«: Banks and Gesso (Paul Gesso) t.05G ~ 1) s/ y, <br />9rok<r phlll FOSfer and Company C1oaingCompmy Transnallon TlGa Company <br />By: __ _ __ By: <br />Peter G. Gunderson Date Det< <br />nv. c,.ev s,wamarnasnoc uvna <br />Lasw.aasaeaFarmtdatoN(aauawra tmasetm <br /> <br />rma.e a: me.v. rr.Rn sa. sms sxsee: <br />