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1 <br /> <br /> <br /> <br /> <br /> <br />1 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />1 <br />1 <br /> <br />1 <br />a6t1at199e 22:31 <br />970-453-6395 <br />ts.6.+ar sou•esenele tern aoomNer u. <br />Ce1.,W 4J ie+.u Canain.wwl6Ci}}611 f <br />Igsaal6aLL lgdr621Rlrr.vast u6Drat[DDD. rse.. ru of olayl eel6tat <br />PgGE 02 <br />FARM AND RANCN <br />CONTRACT TO BUY AND SCLL REAL ESTATE <br />(Remeuiea Include Specific Pedofmance) <br />January 16, ,1y98 <br />1. The vndenigrod agent hereby scknowledgee having received from Sam MCClenenhdR ITT, <br />ETAL ~• tho evm of S,000.oO yin the form et Per90na <br />check to be hela by Land Title Guarantee Co. <br />bFo4Ld i(t/hLdaEdJe•<rew or trustee account, as earnest money totl part paYmont for [he to~r~ syf~~}E real <br />estate in the County of SUmmit ,Cel¢ndo. to wit: `~Y//'!o <br />Portl.ons of the Sva.n Piver Placer a r to be _. <br />determined by survey and mutual agreement between the parties. <br />The exact acreage to be determined, but in any event not be less <br />ve[ 7~ iw~r..9- <br />than 40 acres or more than 3Y acres. r rZ ba( ..r. <br />together with ell ensementa and ngho of way eppur[enan[ thereon. ell imyroremenb thereon and all fixtures of a <br />permanent nature a trendy on the premises eaceDt as harandter Drnvided, in their present condition. ordinary <br />wear and teas excepted, end herelneh¢r called the Property. <br />2. The unam~ngned penonle) Sam McCleneghan III, ETAL <br />ps joint t<n.nt.rten•nta in ommoN, heremnfter salted Purchaur, hereby agr¢oa to buy the Propery, and the <br />undersigned owner(s). hereinafter called Seller, h¢reby agrees to sell the ProDertY upon the terms srtd eondmm~e <br />srarea herein. per acre <br />a. The purehssepriceahallbeU.S.f 11.000.00 ,paYebleasfollows:fs•000.OOherebyreceipt¢dfer; <br />an addtional amount equalling ten percent (tog) of the purchase <br />plus customary closing costs shall be paid by cashier's check <br />at the time of closing. (Total downpayment shall be 1091 <br />Seller agrees to allow purchaser to execute his note and Deed <br />of Trust in favor of the seller for the remaining 908 of the pur- <br />chase price. -Said note shall bear interest at a rate of one- <br />half percent above New York Prime, payble semi-annually. The <br />interest rate shall be adjusted every six months. Said note <br />shall be due and payable years from the date of closing. <br />There shall be no penalt for prepayment, <br />df ~r•:r cit../ ~t~+r/ ,r+ft is~f- c <br />a ~c.-i o>9/ o-~ „~ <br />I. Pnce [o indudn [he fallowing Dentinal property: <br />none <br />to be conveyed by btll of axle er trine of closing in their present eandicien, hoe and dear at all penonar property taxes. <br />Item end enwmbrsncee, exceed <br />no exceptions <br />•nd ex<epe .ny Deraonal yroperty liens in any encumbrance apocified in paragraph 12. Tha following fixtures bf a <br />perman.nt nntuee ara excluded from this sale: none <br />5. Pricetoin<lude she following rva[er rights: <br />those of record, Sf any <br />6. if a new loan ie <o bs ab[emed by Pur<hger from a enbd pear, Pure6y.v at*•ea y PrampUr .nd dlllaentlY IU i~ <br />aDDly [or ouch loan, Ibl execute a0 doevmenta and furnish all information and document recurred by the lender, end <br />(s)pay the customary costs of aDCainingauch loan. Then if each loon is not approved ~~Or befor¢ n~i ~' <br />19L,orif ao opera+'ed bvtsnor avmLble ai timeofdoaing,thie contract eh.ll ba null and vaid.nd all pa]'mmt•and <br />things of value received hereunder shall be returned eo Purchaser. <br />Ho.SCS.2A1. cOMaµT rp cur ant sru ara rsi rzmaawa~e+ <br />emlma RelWwr.ll=i w. Din n+e . lY..v+e. CU emY- COT rp~~gp <br />s.n @ <br /> <br />