|
CONTRACT & RECEIPT FOR EARNEST MONEY ,,~,4- 2 5 8 3 8 8
<br />THis IS A LEGALLY 8iNOING CONTRACT. IF YOU DO NOT UNDERSTAND IT, YOU SHOULD CONSULT A LAWYER BEFORE SIGNING,
<br />
<br />NOTICE: Some words and phrases in this Contract appear in bold print. These words and phrases are defined in Part 8 B, [~.efinition$ and
<br />CmnstrucfiC_q. Pad 6 is included in Buyer's oiler and Seller's acceptance.
<br />
<br /> PART 1. BUYER'S OFFER
<br />
<br /> YE'~ ........... ' ........
<br />THE BU ACKNOWLEDGE THEY HAVE RECEIVER THE AGENCY DISCLOSURE FORMS REQUIRED BY LAW
<br />
<br />A, Par~iea. Prooertv. Price and Term:
<br />¢ ) , /
<br /> (2) The Prooedv ¢ .......
<br /> Seller owns the properly described below. Buyer agrees to buy the prope~y described below and Seller agrees to sell it to Buyer.
<br /> (a) ' '
<br /> ~herealpropedyislegallydescriboOas~ ~;'~¢~,~/~ ~
<br /> ~The real properly is located in or near the Ci~ of ~ ¢~ ~ ~/~ , County of .~ ~?~ ~ , S~a~e
<br /> ~?he real property is ~mmonly known as (street a~dr~ss~/. ~, .%, ~. ~ ~/
<br /> (Any pady, licensee or escrow officer is authorized to a~ach the Corre~ legal Sescri~tion before settlement if unavailable at time of signing),
<br /> (b) Additional
<br />
<br /> The following will be left upon the premises as pa~ of the properly purchased and are included in the purchase price: a~[ existing light
<br /> fixtures and bulbs, fluorescent lamps, window blinds, window and door screens, storm windows and door screens, storm windows and
<br /> doors, attached floor coverings, attached television antennas, cudain, towel and drapew rods, shrubs and trees, irrigation, plumbing,
<br /> and heating equipment including,oil tanks, and all fixtures
<br />
<br /> 2, Personal
<br /> The following personal property is also included as par~ of the property:
<br />
<br />3) Pti f
<br />
<br />Buye.,r:;agrees to pay Seller in U, S, DC, lets the purchase price of:
<br />
<br />(4) ¢¢- ' ' -
<br />Buyer agrees to pay Seller the purchase price as follows:
<br />(a)Eamest Money ~3 cash ~q check
<br />(b) Additional earnest money [] on Seller's Acceptance [] on (date .) ....................... $
<br />to) Upon acceptance of title and delivew of J:~rdeed or r'"l contract .......................................... $ /..~.., ~ ¢) .__
<br />d The balance of: .
<br />
<br /> Will 8Dyer assume Seller's debt? [] Yes ~ No If yes, will Buyer pay (in addition to the purchase price) (al any required assumption costs?
<br /> [] Yes [] No; (b) any sams in the reserve account of any indebtedness assumed as of the proration date? [] Yes [] No.
<br />(5) NontAssionment bv 8uy~¢
<br />If Seller is extending credit to Buyer after settlement of this sale, Buyer may not assign his rights in this Contract or any security device to be
<br />delivered at closing without prior written consent of Seller,
<br />Buyer's Continoencie$
<br />(1) Einancina
<br /> This sale ~is ED is not subject to Buyer obtaining a loan, and is not subject to settlement of the sale or purchase of any property in which Buyer
<br /> holds an interest unless otherw,.J..~e stated in this C~tract. If this sale iS sub oct t~ Buyer obtaining a loan Buyer agrees [o submit Buyer's wdHen
<br /> loan application not later tha~, l~Buyer agrees to use Buyer s best afro,s to obtain ~ loan. ff this sale is to be financed any
<br /> discount required by I~er will bo paid ~s follows: by Seller $~; by Buyer $0
<br />
<br /> FOR ADDITIONAL TERMS AND BUYER'S CONTINGENCIES SEE A'Ci'ACHED ADDENDUM"
<br />;. CIo$ina and
<br />
<br /> The real property will be conveyed by Statutory Warranty Deed, unless otherwise agreed, The property will be conveyed free and
<br /> clear of all liens and encumbrances excel~t:/~eing ordinances, covenants, conditions and restrictions, building and use restrictions,
<br /> easements of records, and ~,,o
<br />
<br />THE MANNER IN WHICH THE PARTIES' NAMES ARE USED IN A DEED OR CONTRACT CAN HAVE LEGAL AND TAX CONSEQUENCES, IF BUYER,
<br />~DOES NOT UNDERSTAND.,,, THE CONSEQUENCES,,,,, BUYER S ,,,ADV, SED TO CONSULT A LAWYER,, ,AND/OR AN ACCOUNTANT BEFORE SIGNING.~,,,; , ._~
<br /> Buyer directs that the deed or contract be prepared in the name of '~o ,,~< /:~4'/~¢.¢, ,./' d.~ ~
<br />
<br /> (2) Escrow AGent and Escrow Fees ~
<br /> This sale will be closed in e;crow by ~"7..~. ~-,.,:¢~ ~ "~o~ ~ -f'~'~,....o~. ~;)¢¢-.. as escrow agent,
<br /> (Escrow Agent)
<br />HAVE REVIEWED ALL TERMS ON THIS PAGE AND HAVE RECEIVED A TRUE~ LEGIBLE COPY OF THIS PAGE AND THE ENTIRE CONTRACT.
<br />
<br /> ,
<br /> *agelof5Bu~/erslnillalt,~_/ ¢/~,/~(j S ella r's initia is,,,~._/ ~t --"~C~ '~ COPYRIGHT 1994 4/94 OREGON ASSOCiATiON OF REALTORSe
<br />
<br />
<br />
|