|
<br />=-ROM .': B!
<br />
<br />FAX . NO. : 9072483891
<br />
<br />Mar. 29 2006 12:20PM . P13
<br />
<br />. Ma r, 29~ 2006. 2 :50PM
<br />
<br />No,0953 PI 14
<br />
<br />. .
<br />
<br />..
<br />
<br />. .' . .' ~ ASSOCIATION Of .RBALTORSClD' .
<br />'. '. ,. CDMMERC~l.CONTRACT FINANCING I\I)DENDU.M
<br />
<br />ua ClfI'I'tfIII"OIW.IT,.,... WlDMlNIW..... 0' MftltAI AMCOl4f1ClN OIl MAloTOAtlf It NUT ~
<br />. '. ..... .,.-........,~I&....
<br />17.
<br />
<br />"
<br />
<br />. , . ..
<br />,ADD'ENDUY'TO COMMERCIAL CONTRACT IITWEEN THE'UNDERS'GNED PARTIES CONCERNING
<br />. . '. . . THE PROPeRTY AT .
<br />
<br />'. . ,. '. ..'. ,': '. '. "19' I'T t!hul[aII Slt:r..~
<br />. . .- I. ";..' I' '..' . ., .
<br />
<br />TnG.pcirflan.~.tf1..~~ Prk:8nOt.payabllIn caeh will be paid 8S ~Iows: (Chsckallthat tfpp/y.)
<br />'." ........ ~~fH/ .~' .'
<br />iii A:. (1)~~ 18 ",; ",. ~~ ~~Ing"a IhIRI p8Ity ro'.ri(I)"~ bY the Pnlperty In thl
<br />IIinouDt of $ '. ~ OAQ · uu ,. for not leal than !O yearw with tho initial Interest nat~
<br />not to exceed 8. :SOO ~ % perannum. .
<br />(2) Buyer 'WlII 'apply for the tbfr:d party .1oan(1) deacrlbed In P.~",.ph A(1) promptly after the effective
<br />.~.~; " Buyer ~nnQt obtaJn theioanc.), BLIpr may gwe S.U.r wrlttan notice wlthf" . '. days
<br />. after.the erroctfve dete .na:.the conhct will .nnlnata and the earnllt maney, fesa 8ny Independent
<br />CX)ns~eratlon under P8tllg~ph 78(1) of the contract. wilt be refunded to Buyer. I' Buyer,dOH not
<br />'1I1v....uch. notice within. the time Nqul,ad. th,. contract. will no longer be 8ubJICt .to the.
<br />.contlnaency d.acrlb.d In thfa .......,.ph It.. . .
<br />' . (3). 'Sad? note'.~ be ".~;'Lind. fill. lddendum Ja to ~ ~Cured ~r ~.ndor'. ~~ dead of trust liens.
<br />0,.8.' ASSUMPTION: . . . .... " . '.. . """ .
<br />
<br />.. ", '.~ '. . ',. .' .. ......... .... . . ..... ..'... .. ,
<br />
<br />.' '. '(1). ~ .WIiI.aalUm~."" unpaid p~nCipal balance or the exlaUng promluory note secured by.the .
<br />. -.,':, ,,'~P.8rw'payabJe.tD.. . , , .
<br />. d~~~~~,~...:' .".. . .' . Which. bal~nCl'.t cIoelng Will be $ ...... "__.
<br />\ . (2) '.B~f.ij:f~.' paym~nt wf' tI. the fJm p">mtrifdue after closlllQ. Buyer's 8S&~mptlon of the ~xiatlng
<br />. . note. InclUct-. all. 'ObllgatlDM 'rnpoud ~y. 1M deed of trust eeourCng the note,.. recorded In
<br />, . .,'...... . '.' .. . " " (/Boarding fflference)
<br />....... . .1iI.th8.~ProPll1Y.Ncord.Dfthe.ccu"~thePR)perty.la-JQsafIKI.: ~:. ...' . ,'._', _,. ...
<br />. . (3)' )'f)h8.~~paJ~. p:rI.,clpaJ.'iSafance of the aSsumed lOan .. of the delle 'of'cIo8/ng, varle, frpm the lo.n
<br />:. b8fanc:e. etated fry Psmgraph. 8(1). the C8lh. payable at. closing will be 8dlu~~~ .by the net .mount .o.f
<br />In~ varfance;"p'ro~~~.rf . the total prfn~P81 _nee of ~. ...un:J.M:nO.nvarl8~:I", -ll"amount
<br />greater than, $ .' '. ....... at cfoelng, either party may. farmlnata !hI. connct and the eamesl
<br />monIY!MDI ba mund.d.. to Buyer unINI efttMtr party elecbf to eDmfnat. the ixceae In the varianoe by
<br />~.8pproprlate atdJualm8nt.t~... .... . ." ..:.: '.: '. <. :.. ..'
<br />(4) B~OI"rMYltetmIM'" 'th.~mmct.~'th. umeet monily.i~ ~ny ~ePerid~iit'~J_t10n unr;fer'.'
<br />(PI)riOraPh 7B(1) of. b!' OOI)tract, wnl be Nfunded to Buyer If ~ not. ho/!;fer onal8umptlcm requIres:" .
<br />a q~uyar.to'pay'an _umptlon fee In excea or. . . .... .,'. and Seller cfedine. to p8)' .
<br />',sueO:l)(Ces's; ': .'. '.':" .' .' : . ". ." .... ....... :... .
<br />
<br />.' " . (~>. '~~II~lIOrn the 'lnie,.riIt. to mor8 than %= or ,
<br />'. .' (~lanyother.mOdJftc8tJonOfthtloandOcumentll.. .......". . ..... .... ....
<br />."(S).~ ~~~ :~~I;'~ Ii TeJuJ.c. Of.UlbllttY on .n; .~uinld 'n*. Se"~r requlrea.. V~do~~' lien an'd ~eed 01
<br />, ;.~: :;;:rio-:t::e~~'. ~ch WIll ~ .~maUCal~y Rllea~ed ~. ~eC\JtlO~.'.~nd ~.BJJvery. .D~. ~
<br />
<br />I . . '.. .~'. . "
<br />tl.., " "
<br />
<br />"-1~1)~~f~',""'""", . '''.;..' : ;,', "
<br />
<br />r~'~~i:::~~',: '. '.' 101""':": '.' . . . ": . : ..~." . ". .
<br />
<br />. ~ ........ I '. . ..
<br />~-~"':~.....~u.c 11021"'" -.....CIIIlIIft 1'ownItlIJ,............ __ .........
<br />~ . :. ;o~: "~'" '.' . ," .' '.' '. . .. .
<br />. .~. . of ',.' . . It
<br />....
<br />C . ..
<br />. :' 'I . ....... ".,.... '. ~. .... '.. I .. .'.
<br />
<br />Page ~:Cf'3
<br />
<br />Jt.~
<br />
<br />....
<br />
<br />. .
<br />
<br />. ~.': I .' .
<br />
<br />, ..
<br />
<br />. ,~t: . '''~:'. !',
<br />
<br />'. .
<br />
<br />.,' .....
<br />
|