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<br />II. ~:\I.ES [XI'E~'NS TU !\E PAID IN CASH AT UR PRIOR m C1.0SINl;
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<br />:\. ~ELLf:R'S EXPENSES All c"'llol releallO~ eKl\lIn~ IOJOS ,10.1 re.:orJln~ the rrk,lse" \ \\Oer\ Tide Pphn. ,urVC\; (JK !lalemenu: 1I~
<br />..I .1111 elcn...' Ice; plermtllln nf OeeJ. other e'penles mru'.ueJ tlI be palJ h Seller unJer lllher rllWI~lom of lhll CIOlraer
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<br />II I\l'HI\'S EXrENSES: All c'l"'o'e' IIl...Jcllf I.. ,10\ I..an (e,~.. Inan plll(Ulemrllf Ice" I'ICr.lr.lll..n ..I No'c, Deed IIf Tlu\!, iI/1d IIrher lo,m
<br />,h.URI"OlI. recl'nhll~ lee\, M"IlKa~ce" Tille rlllrq', rrepapHc 100erest, creJIl rCJ"IIl\I, Ii! 111,101' elCo,.. Ire; c,'rlcs.., re<lIIWllfl', eJ,emenn,
<br />re<el\'.11111nS, III ","JUh'"' a"r(lll1~ Ihe PnlperlV; ao,l ('renlel mrulated III he ralJ hi RUler under, "her rllWIIIIln! I.llhll C'nlr.K1.
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<br />11. PROM TIONS: IllIurnnce (al Buyer'sll'lIllfll, Imen"I Iln ;IIW ""lUm~lllr slIh/eel In Jeh, , ,I<"'<SRlenlS, currenl raxes, and any renll anJ maintenance
<br />(ees ,hall he rnmlleJ '" ,he .late III dll<IIl~. \I old ",IIIIrcm t;I.\'CI /01 dll' rear III ..h" I. ,I". ,.,Ie IS c11lsed ale IlIlt al',lIlahle I'n rhe C1llilnR Dale,
<br />pt\lralllln ul raxes shall be maJe Ilfl ,he halll III taxes JS\elleJ m d,e prevlllul \e.ll. .. ,.I, .I subse4uerll (.Ish aJ,ullmen: o( lII.:h rnw-llIon 10
<br />I>t maJe hel"'een Seller anJ Buyer, if necmary, when awral tax h~ures are avallahl.:. It (\u\'er is assumrnR raymenl "f or lakrnR subleer 10
<br />any ClIlllOR Illan on the pIllpellY, all reserve Je!"lSllllilr lhe paymenl tlf taxel, mSIlr.lIl(l rremlllml, or olhel chalj!ellhall ne tfdm/erred 10
<br />Buyer by Seller and Buyer shall pay loSeI' :r the amounr of such relel\'e Jeposirl. .
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<br />Il. TITLE APPROVAL, Seller shall deliver 10 Buyer wllnmlwenty (20) daYI from Ihe dale o( thiS Connact a Commllmenr lor Tille Insurance
<br />!the "Clmrnllment") and, at Buyer's requell, legIble coplel lit all recooled mllrumenll affecting the Pmperry anJ reciled as meplUIIl' m rhe
<br />Commlllnen1. If Buyer hal an obJection 10 ilems Jisclosed msuch Commitment or lUrvey, Buyer Ihall have founeen (14) day; afler reCClpt
<br />,J luch IOlUumenll 10 make wrlllen objeclionltll Seller. If Buyer or a IhllU party lender makelluch Oh)eCliOnl or If objections .lIe JilcllMd
<br />mlhe Commllmenl, lUrvey, III by the illuer u( the Title Policy, Seller Ihall have thirty (30) daYI from lhe Jale such objeclions are JisdoseJ
<br />10 cure the lame, and lhe Cl(lSin~ Dale Ihall be eXlenJed, if necessary. If lhe objeclions are nOl satisfied by the exlended Closing Dale, thIS
<br />eoolr.l<t Ihallterminare anJ lhe Earnnt Money refunJcd (0 Buyer, unle\.! Buyer elteulo w:uve lhe urualisfied oojections and complele Ihe purchase.
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<br />14. DEFAULT If 9'Iyer (ailllo compl!' herewilh, Seller may either enforce specific performance Ilr terminale rI\II Contract and receive lhe Earnelt
<br />Money as "4uiJateJ Jam~gel, one.half of which (hut nlll exceedlnN lhe herein recileJ Bmker's lee) shalll>t palJ by Seller III Broletr 10 full
<br />r~ymenl III Broker'ller\'im, If Seller failsltl':ullIply herewith, Buyer may (i) terminate tllll COlllraer anJ receive lhe EarneSl Money, thereby
<br />relealing Seller tOlm rhll Contract, (ii) enlorce lI'CciflC performance hereof. or (iil) seek luch other relief as f1Iay be pmvlJed by law. If complellon
<br />,>I <ale ilrre\'enred bv Bllyer'l Jefault, anJ Seller dectl II' enforce sreciflC perfnrmance, Ihe Bnlker'< lee israyahle onl!' If lhe and when Seller
<br />cllllem damages for such Jefault by SUil, CllOlpOlmlle, lenleOlelll, Ilr mherwlle. Notwllhltandin~ the ahuve. accrued mlerelt, If any, IIn the
<br />Eamell Money Ihall he paId lU Buyer.
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<br />15. AllDRNEY'S FEES, Any Slgnalory 10 lhis ClOlracr who II the rrevallin~ parlY in any leRal proceeding againsr any other signarory brought
<br />under or wilh relalion to thIS Contract or tranlaction Ihall be aJdltionally entllled 10 recover court com and reasonable allomel"~ feel from
<br />Ihe non'rrevailing party.
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<br />16. ESCROW, The Earnest Money II deposlleJ lI'ilh Escmw Agent wllh the undmlanding lhal EscnlW Agent (i) doel not aS$ume or have any
<br />habilllY fill performance or non.performance ut any rarty and (il) has the righr 10 re4uire lhe wrillen release of Escrow Agenl, the termmation
<br />01 Ihls COOlract, and the authomalion lrom all parties to Jisburse the EameSl Muney. At closing, Earnest Money and accrued inlerest shall
<br />be appheJ to any cash Jown paymenl required, next to Buver's c1uling COlli and any excess refunded 10 Buyer, In preparalion for ckl$in2. the
<br />Escrow Agent ot Broker may incuI aClual expensel on behaU ut Seller or Buyer; therefore, any refunJ or paymenl o( lhe Eamcsl Money under
<br />this contract shall be reduced hy the amounl o( any aClual expensel incumd on behal( of lhe parry receiving the Eamelt Money, and the
<br />Escrow Agent wm pay lhe same to Ihe creJirors enlitled thereto. To Ihe exlenl Ihal lhe Seller's share of lhe Earnesl Monel' is insufficient
<br />10 pay such expenses, the lame will be deJucled fmm lhe Broker's share of lhe Earnesl Money,
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<br />11. REPRESENT.o\TIONS: Seller hereby rerresentl dnJ warrantllU Buyer as fullows, which represenlations anJ wamnliesshall be deemed made
<br />hy Seller to Buytr also as nf closing ,laIC anJ luch rerreltn13rions and warmnties lhalllurvlve dllSlI1g:
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<br />A. There are nil rames in !"l$lelSion III any !",mon nt' the ProperlY as lessees, tenantl al suffcrance, or trespassers;
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<br />B. nlCrt II no rendmg ClIrhre,lIened conJemnallnn ,lr Similar pnKeeJin~ or alseSlmelll affecling lhe Pnlpeny, 111 any palllhereof, nor to
<br />Ihe besllnuwleJRe .1nd heltef 01 Seller il allY such pnlcceJII1~ or meSlmenl colllemrlaleJ bv any governmental aUlhulllY;
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<br />C. Seller lIthe fee SImple owner ut the tule hI lhe Pnlpeny anJ IS July aUlhori:eJ anJ cm!"lwered to lell said Pmperty;
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<br />D. Seller has paid, lhrough lhe currenl yeal, all13xel. chalj!es, Jehtl, anJ ulher alSCSlmenll due hy the Sellel with respect 10 lhe Propeny;
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<br />E, The PnlpellY IS nOl in a nouJ plam ,lr water JlllIlct, excepl ill tillloWI:
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<br />F. Allloan(l) 31SumeJ nr laken luhjecl In "'III'l\l1 he 10 Jelallll;
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<br />G. There wllIl>t no unrecuNeJ liens "r Ul1Ili,rm CommerCIal CnJe Item a~ail1\l any III lhe Plllpen\' whICh will nOl be salis{ied UUI of lhe
<br />Salel Ptice;
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<br />H. Seller knows of no exiSling condilion wilh respect to Ihe Pn1peny ur ill operariun whICh violares any governmenl code ?r regular ion;
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<br />I. Seller has no knowledge thaI Ihe Properry ISluh)eCI lU an)' surface or sub-Iurface ground faults;
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<br />J. The Pmperry is nOI being uled and Seller has nu knowleJge Ihal ir has ever been useJ for the slOrage or disposal of any harardous or
<br />loxic materials;
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<br />K. 1(, the heSluf Seller's knowleJNe, no laer ClI CIlnJitll'n exiSlS "llIch wuulJ resllll in ,he lellnrnalion uf lhe current acceS$ from lhe Properry
<br />10 any presently exilllng highways anJ/or matls aJJuining nr silualcJ un the Pmpeny, ur In any exi~ling sewer or olher ulility facilitia
<br />servicing, adjoining, or lilU3led on lhe Pmpelly;
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<br />L. Seller shall nOl lunher encumher, ur alluw the encumbrance of, the'Iitle lU rhe Pnlpeny, or moJi(y the lerms or condilions of any exiSling
<br />encumbrancn. if any, wilhoul lhe wlllten consent of Buyer.
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<br />II any reprelentallon ahove is unnue, thIS ClOlr.lCl may he lerminateJ by Buyer JnJ Earne~I Money shall be refunded 10 Buyer, excluding (0),
<br />(f) and (G) which shall be remeJied bv Seller rrior 10 c1Ollng.
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<br />18, USE OR PROPERTY, Seller 0 halXJ has nUl claimed the hene(u o( lawl permillin2 a lpecial use Y:lluallon (or the purposd o( paymeRI
<br />uf ad valorem laxelun lhe Pnlpeny, and if \1\ Seller reprelcnts lhat he was legally enlitleJ 10 claim such benelils. If Seller daimed such benefir
<br />and afler lhe pulthase il c1med, Buyer changes the use uf the Pmperry anJ the same n:sults in the messmenl uf addilional laxes, luch addilional
<br />laxel Will he lhe uhligallun of lhe Buyer, The representation herein Ihallsurvh'e c1osinR,
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<br />19. PROPERTY SURVEY, Wilhin ---1 0 daYI from effeclive dale hereof, Seller, al Seller's \lIIe COlt and expense, shall cause 10 be
<br />delivered lU Buyer a currenl pial or survey of the Pmperry, prepared by a surveyor acceplanle to lhe parries and lhe Tille Company dOlinl
<br />lhls lransaCllon. The survey shall cemf)' to 'he Buyer anJ Tirle Company lhal' Ii) the survey was made and SlakeJ on lhe ground; (ii) lhe
<br />plalshowl Ihe locallon of all improvemenll, highways, Ilreetl, roads, r.ulroads, rivers, creeks, or other walerways, (ences, easemenll, and rights-
<br />uf-wayon 01 aJjacent to the Property, if any; liii) Ihere are no visible Jiscrepancies. conRicu, or encmachmenu excepl aSlhown on lhe survey
<br />plar; (iv) .he Pmpeny Joes nur lie tn the 100 year Rood plain as established by lhe U. S. Army C'rp ..( Engineers or any olher governmenlal
<br />hnJy; and (v) lhe survey plat il a lrue, currecl, and accur.lIe representalion olthe Pnlperry; (vi) lhe survey sels fonh lhl: number of 10131 acreslsquan:
<br />fret (whKhever II apphcable) and the number ol nel aClts/\lluare feel (whichever il appllCahle) compriltng the PnlpellY, logether wuh a metes
<br />and bounJs descri",lon thereof. The lerm nel acres/'4uare feel shall mean the IOlal number of acres/square feer conlained in Ihe Propeny,
<br />nduslve of any encnlachmenll or land Iyina wllhin lhe hllundaries n{ a righto()f.way or easement III
<br />, anJ shall be calculaleJ I.. lhe nearell '"le.rI"lUSanJelh lloooth)..f an acre. ^II easemenll aoo nghll-of-way shall be referencN
<br />II' Ihe recunllnR mflllmarion appllCahle IU lire J..cumenll maring such easemenls..r n~hll..f.way whICh have been recorded wilh Ihe County
<br />Clerk of lhe Counry in whICh lhe Plllptrty is IIKaleJ, The survey shalllucare anJ mark all C\lrners anJ angles of lhe PropellY'1 penmeler
<br />nn lhe gruunJ wilh permanent, huneJ Imn surveym's Slakes, __ ""II .
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<br />Illae I"l~ [}\(1;1I: i M :"1:'1.:.. '..! 9/63
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