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Home My WebLink AboutC13-371 Contract to Buy and Sell Real EstateTheValleyHomeStoreTheKimberlyB.WilliamsValleyHomeStorePh:970-328-8776Fax:866-611-7237¶Ieprintedportionsofthisform,exceptdifferentiatedadditions,havebeenapprovedbytheColoradoRealEstateICommission.(CBS1-9-12)(Mandatory1-13)THISFORMHASIMPORTANTLEGALCONSEQUENCESANDTHEPARTIESSHOULDCONSULTLEGALANDTAXOROTHERCOUNSELBEFORESIGNING.CONTRACTTOBUYANDSELLREALESTATE(RESIDENTIAL)Date:12/9/2073IAGREEMENTI241.AGREEMENT.Buyer,identifiedin§2.1,agreestobuy,andSeller,identifiedin§2.3,agreestosell,thePropertydescribedbelowonthetermsandconditionssetforthinthiscontract(Contract).2;,“,2.PARTIESANDPROPERTY.802.1.Buyer.Buyer,CarlosRodriguezandMarinaRodriguez,willtaketitletothePropertydescribedbelowasJointTenantsLITenantsInCommonLIOthern/a2.2.AssignabilityandInurement.ThisContractLIShallShallNotbeassignablebyBuyerwithoutSeller’spriorwrittenconsent.Exceptassorestricted,thisContractshallinuretothebenefitofandbe/bindingupontheheirs,personalrepresentatives,successorsandassignsoftheparties.2.3.Seller.Seller,EagleCountyHousingandDevelopmentAuthority,isthecurrentownerofthePropertydescribedbelow.ii2.4.Property.ThePropertyisthefollowinglegallydescribedrealestateintheCountyof‘Eagle,Colorado:LOT85,THEBLUFFSATEAGLE,ACCORDINGTOTHEPLATRECORDEDMAY14,2003RECEPTION4%NO.833340,COUNTYOFEAGLE,STATEOFCOLORADOknownasNo.927SecondSt.EagleCO81637,,togetherwiththeinterests,easements,rights,benefits,improvementsandattachedfixturesappurtenantthereto,4%andallinterestofSellerinvacatedstreetsandalleysadjacentthereto,exceptashereinexcluded(Property).2.5.Inclusions.ThePurchasePriceincludesthefollowingitems(Inclusions):2.5.1.Fixtures.IfattachedtothePropertyonthedateofthisContract,thefollowingitemsare52includedunlessexcludedunderExclusions(2.6):lighting,heating,plumbing,ventilatingandairconditioningfixtures,TVantennas,insidetelephone,networkandcoaxial(cable)wiringandconnectingblocks/jacks,plants,mirrors,floorcoverings,intercomsystems,built—inkitchenappliances,sprinklersystemsandcontrols,built—in1vacuumsystems(includingaccessories),garagedooropenersincludingn/aremotecontrols.OtherFixtures:n/aIfanyfixturesareattachedtothePropertyafterthedateofthisContract,suchadditionalfixturesarealsoincludedinthePurchasePrice.2.5.2.PersonalProperty.ItonthePropertywhetherattachedornotonthedateofthisContract,thefollowingitemsareincludedunlessexcludedunderExclusions(2.6):stormwindows,stormdoors,windowd%andporchshades,awnings,blinds,screens,windowcoverings,curtainrods,draperyrods,fireplaceinserts,fireplacescreens,fireplacegrates,heatingstoves,storagesheds,andallkeys.Ifchecked,thefollowingaretisincluded:ElWaterSoftenersSmokelFireDetectorsCarbonMonoxideAlarmsLISecuritySystemsLISatelliteSystems(includingsatellitedishes).71OtherPersonalProperty:n/aThePersonalPropertytobeconveyedatClosingshallbeconveyedbySellerfreeandclearofall7%taxes(exceptpersonalpropertytaxesfortheyearofClosing),liensandencumbrances,except°n/a.Conveyanceshallbebybillofsaleorotherapplicablelegalinstrument.782.5.3.ParkingandStorageFacilities.LIUseOnlyOwnershipofthefollowingparkingfacilities:2cargarageandLIUseOnlyLIOwnership81ofthefollowingstoragefacilities:‘2n/a2.5.4.WaterRights,WaterandSewerTaps.CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage1of16Buyer(s)Initials____________________________________________Seller(s)Initials____________________________________________ClMcContracts.com-©2013CIMSoftwareCorp. 8/6680919%964%1001.01103041101.11112I13114118119.120121122____________________________:1.23I74203_________________________________131.3/13313413613/140142I‘.4015°1130161_______________________________________________:162.1631r,4___________________________________________________110II7____________________________________________CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage2of16Buyer(s)InitialsSeller(s)Initialsn/a2.5.4.1.DeededWaterRights.Thefollowinglegallydescribedwaterrights:AnywaterrightsshallbeconveyedbyEln/aDeedElOtherapplicablelegalinstrument.El2.5.4.2.WellRights.IfanywaterwellistobetransferredtoBuyer,SelleragreestosupplyrequiredinformationaboutsuchwelltoBuyer.BuyerunderstandsthatifthewelltobetransferredisaSmallCapacityWelloraDomesticExemptWaterWellusedforordinaryhouseholdpurposes,Buyershall,priortooratClosing,completeaChangeinOwnershipformforthewell.IfanexistingwellhasnotbeenregisteredwiththeColoradoDivisionofWaterResourcesintheDepartmentofNaturalResources(Division),Buyershallcompletearegistrationofexistingwellformforthewellandpaythecostofregistration.Ifnopersonwillbeprovidingaclosingserviceinconnectionwiththetransaction,BuyershallfiletheformwiththeDivisionwithinsixtydaysafterClosing.TheWellPermit#isn/a2.5.4.3.ElWaterStockCertificates:n/a2.5.4.4.ElWaterTapElSewerTapNote:Buyerisadvisedtoobtain,fromtheprovider,writtenconfirmationoftheamountremainingtobepaid,itany,timeandotherrestrictionsfortransferanduseofthetap.2.5.4.5.OtherRights:n/a2.6.Exclusions.Thefollowingitemsareexcluded(Exclusions):None3.DATESANDDEADLINES.ItemqjeferenceEventDateorDeadlineL_J_ternativeEarnestMoneeadline_____Fitleand_Association2§7.1RecordTitleDeadline12/12/2013Thursday3§7.5ExceptionsRequestDeadline4§8.1RecordTitleObjectionDeadline12/16/2013Monday5§8.2Off-RecordTitleDeadline12/12/2013Thursday6j8.2Off-RecordTitleObjectionDeadline—12/16/2013Monday7i8.3TitleResolutionDeadline12/18/2013Wednesday8§7.6AssociationDocumentsDeadline—12/12/2013Thursday9§7.6AssociationDocumentsObjectionDeadline12/16/2013Monday1O-§8.51Ri9htofFirstRefusalDeadlinen/a___________________lSeller’sPropertyDisclosureii10.1Seller’sprtyDisclosureDeadlineLoanandCredit12§5.1LoanApplicationDeadline12/11/2013Wednesday__§5.2LoanObjectionDeadline1/8/2014Wednesday14§5BuyscreditinformahonDeadline15§3DisapprovalofBuyer’sCreditInformationn/aDeadline16§5.4ExistingLoanDocumentsDeadlinen/a17§5.4ExistingLoanDocumentsObjectionDeadline18§5.4LoanTransferApprovalDeadlinen/a—,4ppraisal19iç6.2ApplDeadhnen/apsaLppoaduneSurveyCurrentSuDeadljnen/a22—CurrentSurveyObjectionDeadlinen/a.-_______InspectionandDueDiligence0.2—nObjec!.°.P.-—12/30/2Q_ZZE2410.3InspectionResolutionDeadline1/2/2014ThursdayClMcContracts.com-©2013CTMSoftwareCorp. 25I10.5Buyer(s)InitialsSeller(s)InitialsPropertyInsuranceObjectionDeadlinen/a26§10.6DueDiligenceDocumentsDeliveryDeadlinen/a27§10.7DueDiligenceDocumentsObjectionDeadlinen/a28§10.8ConditionalSaleDeadlinejplosingandPossession29§12.3ClosingDate1/14/2014Tuesday.Uponasuccessful30§17PossessionDateclOSinfin31§17PossessionTime8:00AMMDT32§28—_AcceptanceDeadline_Date12/11/2013Wednesday33§28AcceptanceDeadlineTime12:00PMMDT34n/an/an/a35n/an/an/aNote:ApplicabilityofTerms.Anybox,blankorlineinthisContractleftblankorcompletedwiththeabbreviation“N/A”,ortheword“Deleted’meanssuchprovisioninDatesandDeadlines(3),includinganydeadline,isnotapplicableandthecorrespondingprovisionofthisContracttowhichreferenceismadeisdeleted.Theabbreviation“MEC”(mutualexecutionofthisContract)meansthedateuponwhichbothpartieshavesignedthisContract.Note:IfFHAorVAloanboxesarecheckedin§4.5.3(LoanLimitations),theAppraisalDeadline(3)doesNotapplytoFHAinsuredorVAguaranteedloans.4.PURCHASEPRICEANDTERMS.4.1.PriceandTerms.ThePurchasePricesetforthbelowshallbepayableinU.S.DollarsbyBuyerasfollowsItemNo.ReferenceIItemAmountAmount1nO091uIll/27.3/6I00is’1.9>.I03I1341908791:I0’)140‘.911921”..’195100inluu10)20220310121)52090120920921021121)2132142132.11’21121921921912)322222.3214225tI,2)/220219I..1)31222214232362370110t41/432444524024724921)251)14.1PurchasePrice$263,000.0024.3EarnestMoney$2,630.003J4.5$236,700.004§4.6lAssumptionBalance5§4.7SellerorPrivateFinancing6n/an/az___j____8§4.4CashatClosing$23,670.00__..JIpTAL$263,000.00$263,000.00]4.2.SellerConcession.Seller,atClosing,shallcredit,asdirectedbyBuyer,anamountof$nonetoassistwithanyorallofthefollowing:Buyer’sclosingcosts,loandiscountpoints,loanoriginationfees,prepaiditems(includinganyamountsthatSelleragreestopaybecauseBuyerisnotallowedtopayduetoFHA,CHFA,VA,etc.),andanyotherfee,cost,charge,expenseorexpenditurerelatedtoBuyer’sNewLoanorotherallowableSellerconcession(collectively,SellerConcession).SellerConcessionisinadditiontoanysumSellerhasagreedtopayorcreditBuyerelsewhereinthisContract.SellerConcessionwillbereducedtotheextentitexceedstheaggregateofwhatisallowedbyBuyer’slenderassetforthintheClosingStatement,ClosingDisclosureorHUD-1,atClosing.4.3.EarnestMoney.TheEarnestMoneysetforthinthissection,intheformofgoodfunds,shallbepayabletoandheldbyHeritageTitleCompany(EarnestMoneyHolder),initstrustaccount,onbehalfofbothSellerandBuyer.TheEarnestMoneydepositshallbetendered,byBuyer,withthisContractunlessthepartiesmutuallyagreetoanAlternativeEarnestMoneyDeadline(3)foritspayment.ThepartiesauthorizedeliveryoftheEarnestMoneydeposittothecompanyconductingtheClosing(ClosingCompany),ifany,atorbeforeClosing.IntheeventEarnestMoneyHolderhasagreedtohaveinterestonEarnestMoneydepositstransferredtoafundestablishedforthepurposeofprovidingaffordablehousingtoColoradoresidents,SellerandBuyeracknowledgeandagreethatanyinterestaccruingontheEarnestMoneydepositedwiththeEarnestMoneyHolderinthistransactionshallbetransferredtosuchfund.4.3.1.AlternativeEarnestMoneyDeadline.ThedeadlinefordeliveringtheEarnestMoney,ifotherthanatthetimeoftenderofthisContractisassetforthastheAlternativeEarnestMoneyDeadline(3).4.3.2.ReturnofEarnestMoney.IfBuyerhasaRightto_Terminateandtimelyterminates,CBSI-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage3ofI6CTMcContracts.com-©2013CTMSoftwareCorp. 1’2BuyershallbeentitledtothereturnofEarnestMoneyasprovidedinthisContract.IfthisContractisterminatedassetforthin§25and,exceptasprovidedin§24,iftheEarnestMoneyhasnotalreadybeenreturnedfollowingreceiptofaNoticetoTerminate,SelleragreestoexecuteandreturntoBuyerorBrokerworkingwithBuyer,2’writtenmutualinstructions,i.e.,EarnestMoneyReleaseform,withinthreedaysofSeller’sreceiptofsuchform.4.4.FormofFunds;TimeofPayment;FundsAvailable.4.4.1.GoodFunds.AllamountspayablebythepartiesatClosing,includinganyloanproceeds,CashatClosingandclosingcosts,shallbeinfundsthatcomplywithallapplicableColoradolaws,includingelectronictransferfunds,certifiedcheck,savingsandloanteller’scheckandcashier’scheck(Good3Funds).2644.4.2.AvailableFunds.AllfundsrequiredtobepaidatClosingorasotherwiseagreedinwritingbetweenthepartiesshallbetimelypaidtoallowdisbursementbyClosingCompanyatClosingORSUCH2?PARTYSHALLBEINDEFAULT.BuyerrepresentsthatBuyer,asofthedateofthisContract,DoesLIDoesNothavefundsthatareimmediatelyverifiableandavailableinanamountnotlessthantheamountstatedasCashatClosingin§4.1.4.5.NewLoan.4.5.1.BuyertoPayLoanCosts.Buyer,exceptasprovidedin§4.2,ifapplicable,shalltimelypay.‘Buyer’sloancosts,loandiscountpoints,prepaiditemsandloanoriginationfees,asrequiredbylender.4.5.2.BuyerMaySelectFinancing.BuyermaypayincashorselectfinancingappropriateandacceptabletoBuyer,includingadifferentloanthaninitiallysought,exceptasrestrictedin§4.5.3or§30(AdditionalProvisions).14.5.3.LoanLimitations.BuyermaypurchasethePropertyusinganyofthefollowingtypesofloans:ConventionalLIFHALIVALIBondLIOthern/a.7974.5.4.GoodFaithEstimate—MonthlyPaymentandLoanCosts.Buyerisadvisedtoreviewthe‘terms,conditionsandcostsofBuyer’sNewLoancarefully.IfBuyerisapplyingforaresidentialloan,thelender,.generallymustprovideBuyerwithagoodfaithestimateofBuyer’sclosingcostswithinthreedaysafterBuyer.‘:completesaloanapplication.BuyershouldalsoobtainanestimateoftheamountofBuyer’smonthlymortgagepayment.IftheNewLoanisunsatisfactorytoBuyer,BuyerhastheRighttoTerminateunder§25.1,onorbefore;,:LoanObjectionDeadline(3).4.6.Assumption.(Omittedasinapplicable)1%7934.7.SellerorPrivateFinancing.(Omittedasinapplicable)294256ITRANSACTIONPROVISIONSI2(t75.FINANCINGCONDITIONSANDOBLIGATIONS.5.1.LoanApplication.IfBuyeristopayallorpartofthePurchasePricebyobtainingoneormotenewloans(NewLoan),orifanexistingloanisnottobereleasedatClosing,Buyer,ifrequiredbysuchlender,shallmakeanapplicationverifiablebysuchlender,onorbeforeLoanApplicationDeadline(3)andexercisereasonableeffortstoobtainsuchloanorapproval.3055.2.LoanObjection.IfBuyeristopayallorpartofthePurchasePricewithaNewLoan,thisContractisconditionaluponBuyerdetermining,inBuyer’ssolesubjectivediscretion,whethertheNewLoanissatisfactorytoBuyer,includingitsavailability,payments,interestrate,terms,conditions,andcostofsuchNewLoan.This3oconditionisforthesolebenefitofBuyer.BuyerhastheRighttoTerminateunder§25.1,onorbeforeLoan:11JObjectionDeadline(3),iftheNewLoanisnotsatisfactorytoBuyer,inBuyer’ssolesubjectivediscretion.IF,SELLERDOESNOTTIMELYRECEIVEWRITTENNOTICETOTERMINATE,BUYER’SEARNESTMONEYSHALLBENONREFUNDABLE,exceptasotherwiseprovidedinthisContract(e.g.,Appraisal,Title,Survey).15.3.CreditInformationandBuyer’sNewSeniorLoan,IfBuyeristopayallorpartofthePurchasePricebyexecutingapromissorynoteinfavorofSeller,orifanexistingloanisnottobereleasedatClosing,this317Contractisconditional(forthesolebenefitofSeller)uponSeller’sapprovalofBuyer’sfinancialabilityand‘9creditworthiness,whichapprovalshaltbeatSeller’ssolesubjectivediscretion.Insuchcase:(1)Buyershall320supplytoSellerbyBuyer’sCreditInformationDeadline(3),atBuyer’sexpense,informationanddocuments2i(includingacurrentcreditreport)concerningBuyer’sfinancial,employmentandcreditconditionandBuyer’sNewSeniorLoan,definedbelow,ifany;(2)BuyerconsentsthatSellermayverifyBuyer’sfinancialabilityandcreditworthiness;(3)anysuchinformationanddocumentsreceivedbySellershallbeheldbySellerinconfidence,:379andnotreleasedtoothersexcepttoprotectSeller’sinterestinthistransaction;and(4)intheeventBuyeristoexecuteapromissorynotesecuredbyadeedoftrustinfavorofSeller,thisContractisconditional(fortheSoleofthebenefitofSeller)uponSeller’sapprovalofthetermsandconditionsofanyNewLoantobeobtainedbyBuyerif31)thedeedoftrusttoSelleristobesubordinatetoBuyer’sNewLoan(Buyer’sNewSeniorLoan).IftheCashatClosingislessthanassetforthin§4.1ofthisContractorBuyer’sNewSeniorLoanchangesfromthatapprovedbySeller,SellerhastheRighttoTerminateunder§25.1,atorbeforeClosing.IfSellerdisapprovesofBuyer’s333financialability,creditworthinessorBuyer’sNewSeniorLoan,inSeller’ssolesubjectivediscretion,SellerhastheCBSI-9-]2.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage4of16Buyer(s)Initials____________________________________________Seller(s)Initials____________________________________________CTMeContracts.com-©203CIMSoftwareCorp. RighttoTerminateunder§25.1,onorbeforeDisapprovalofBuyer’sCreditInformationDeadline(3).5.4.ExistingLoanReview.IfanexistingloanisnottobereleasedatClosing,Sellershalldelivercopiesoftheloandocuments(includingnote,deedoftrust,andanymodifications)toBuyerbyExistingLoanDocumentsDeadline(3).ForthesolebenefitofBuyer,thisContractisconditionaluponBuyer’sreviewand,approvaloftheprovisionsofsuchloandocuments.BuyerhastheRighttoterminateunder§25.1,onorbeforeExistingLoanDocumentsObjectionDeadline(3),basedonanyunsatisfactoryprovisionofsuchloandocuments,inBuyer’ssolesubjectivediscretion.Ifthelender’sapprovalofatransferofthePropertyisrequired,•.jthisContractisconditionaluponBuyer’sobtainingsuchapprovalwithoutchangeinthetermsofsuchloan,exceptassetforthin§4.6.Iflender’sapprovalisnotobtainedbyLoanTransferApprovalDeadline(3),thisContractshallterminateonsuchdeadline.SellerhastheRighttoTerminateunder§25.1,onorbeforeClosing,inSeller’ssolesubjectivediscretion,ifSelleristobereleasedfromliabilityundersuchexistingloanandBuyerdoesnot349obtainsuchcomplianceassetforthin§4.6.6.APPRAISALPROVISIONS.1336.1.LenderPropertyRequirements.Ifthelenderimposesanyrequirementsorrepairs(Requirements)tobemadetotheProperty(e.g.,roofrepair,repainting),beyondthosemattersalreadyagreedtobySellerinthisContract,SellerhastheRighttoTerminateunder§25.1,(notwithstanding§10ofthisContract),onorbeforethree.daysfollowingSeller’sreceiptoftheRequirements,basedonanyunsatisfactoryRequirements,inSeller’ssole:;‘subjectivediscretion.Seller’sRighttoTerminateinthis§6.1shallnotapplyif,onorbeforeanyterminationbySellerpursuanttothis§6.1:(1)thepartiesenterintoawrittenagreementregardingtheRequirements:or(2)theGiRequirementshavebeencompleted:or(3)thesatisfactionoftheRequirementsiswaivedinwritingbyBuyer.6.2.AppraisalCondition.TheapplicableAppraisalprovisionsetforthbelowshallapplytotherespectiveloantypesetforthin§4.5.3,orifacashtransaction,i.e.nofinancing,§6.2.1shallapply.6.2.1.ConventionallOther.BuyerhasthesoleoptionandelectiontoterminatethisContractiftheProperty’svaluation,determinedbyanappraiserengagedonbehalfofbuyer’slenderislessthan;thePurchasePrice.TheappraisalshallbereceivedbyBuyerorBuyer’slenderonorbeforeAppraisalDeadline.369(3).BuyerhastheRighttoTerminateunder§25.1,onorbeforeAppraisalObjectionDeadline(3),iftheProperty’svaluationislessthanthePurchasePriceandSeller’sreceiptofeitheracopyofsuchappraisalorwrittennoticefromlenderthatconfirmstheProperty’svaluationislessthanthePurchasePrice.This§6.2.1isfor373thesolebenefitofBuyer.6.2.2.FHA.Itisexpresslyagreedthat,notwithstandinganyotherprovisionsofthisContract,,thePurchaser(Buyer)shallnotbeobligatedtocompletethepurchaseofthePropertydescribedhereinortoincuranypenaltybyforfeitureofEarnestMoneydepositsorotherwiseunlessthePurchaser(Buyer)hasbeengiveninaccordancewithHUD/FHAorVArequirementsawrittenstatementissuedbytheFederalHousingCommissioner,DepartmentofVeteransAffairs,oraDirectEndorsementlender,settingforththeappraisedvalueofthePropertyofnotlessthan$none.ThePurchaser(Buyer)shallhavetheprivilegeandoptionofproceedingwiththeconsummationoftheContractwithoutregardtotheamountoftheappraisedvaluation.TheappraisedvaluationisioarrivedattodeterminethemaximummortgagetheDepartmentofHousingandUrbanDevelopmentwillinsure.HUDdoesnotwarrantthevaluenortheconditionoftheProperty.ThePurchaser(Buyer)shouldsatisfy:4himself/herselfthatthepriceandconditionofthePropertyareacceptable.6.2.3.VA.Itisexpresslyagreedthat,notwithstandinganyotherprovisionsofthisContract,thepurchaser(Buyer)shallnotincuranypenaltybyforfeitureofEarnestMoneyorotherwiseorbeobligatedtocompletethepurchaseofthePropertydescribedherein,iftheContractPurchasePriceorcostexceedsthereasonablevalueofthePropertyestablishedbytheDepartmentofVeteransAffairs.ThePurchaser(Buyer)shall,%however,havetheprivilegeandoptionofproceedingwiththeconsummationofthisContractwithoutregardtothe;.,amountofthereasonablevalueestablishedbytheDepartmentofVeteransAffairs.6.3.CostofAppraisal.CostofanyappraisaltobeobtainedafterthedateofthisContractshallbetimelypaidbyBuyerDSeIler.Thecostoftheappraisalmayincludeanyandallfeespaidtotheappraiser,-::appraisalmanagementcompany,lender’sagentorallthree..1007.EVIDENCEOFTITLEANDASSOCIATIONDOCUMENTS..1037.1.SellerSelectsTitleInsuranceCompanyIfthisboxischecked,Sellershallselectthetitle‘104insurancecompanytofurnishtheowner’stitleinsurancepolicyatSeller’sexpense.OnorbeforeRecordTitleDeadline(3),SellershallfurnishtoBuyeracurrentcommitmentforowner’stitleinsurancepolicy(Title407Commitment),inanamountequaltothePurchasePrice,orifthisboxischeckedEanAbstractoftitlecertifiedtoacurrentdate.SellershallcausethetitleinsurancepolicytobeissuedanddeliveredtoBuyerassoonas.practicableatorafterClosing.47.2.EBuyerSelectsTitleInsuranceCompany.Ifthisboxischecked,Buyershallselectthetitleinsurancecompanytofurnishtheowner’stitleinsurancepolicyatBuyer’sexpense.OnorbeforeRecordTitleDeadline(3),BuyershallfurnishtoSeller,acurrentcommitmentforowner’stitleinsurancepolicy(Title31%Commitment),inanamountequaltothePurchasePrice.CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage5of16Buyer(s)Initials____________________________________________Seller(s)Initials____________________________________________ClMeContracts.com-©2013CTMSoftwareCorp. Ifneitherboxin§7.1or§7.2ischecked,§7.1applies.7.3.Owner’sExtendedCoverage(OEC).TheTitleCommitmentShallLIShallNotcommit11)todeleteorinsureoverthestandardexceptionswhichrelateto:(1)partiesinpossession,(2)unrecordedeasements,(3)surveymatters,(4)unrecordedmechanics’liens,(5)gapperiod(effectivedateofcommitmenttodatedeedisrecorded),and(6)unpaidtaxes,assessmentsandunredeemedtaxsalespriortotheyearofClosing423(OEC).Note:Thetitleinsurancecompanymaynotagreetodeleteorinsureoveranyorallofthestandardexceptions.4257.3.1.PremiumforOEC.lfthetitleinsurancecompanyagreestoprovideanendorsementforr1OEC,anyadditionalpremiumexpensetoobtainanendorsementforQECshallbepaidbyLIBuyerSellerLIOne-HalfbyBuyerandOne-HalfbySellerLIOther________________________________7.4.Buyer’sRighttoReviewTitleCommitmentandTitleDocuments.BuyerhastherighttoreviewtheTitleCommitment,itsprovisionsandTitleDocuments(definedin§7.5),andifnotsatisfactorytoBuyer,BuyermayexerciseBuyer’srightspursuantto§8.1.7.5.CopiesofExceptions.Unlesstheboxin§7.2ischecked(BuyerSelectsTitleInsuranceCompany)onorbeforeRecordTitleDeadline(3),Seller,atSeller’sexpense,shallfurnishtoBuyerandTheValleyHomeStore,(1)copiesofanyplats,435declarations,covenants,conditionsandrestrictionsburdeningtheProperty,and(2)ifaTitleCommitmentisrequitedtobefurnished,andifthisboxischeckedCopiesofanyOtherDocuments(or,ifillegible,summariesofsuchdocuments)listedinthescheduleofexceptions(Exceptions).Eveniftheboxisnotchecked,442SellerhastheobligationtofurnishthesedocumentspursuanttothissectionifrequestedbyBuyeranytimeonorbeforeExceptionsRequestDeadline(3).ThisrequirementshallpertainonlytodocumentsasshownofrecordintheofficeoftheclerkandrecorderinthecountywherethePropertyislocated.TheAbstractorTitle.140Commitment,togetherwithanycopiesorsummariesofsuchdocumentsfurnishedpursuanttothissection,constitutethetitledocuments(collectively,TitleDocuments)..7.5.1.ExistingAbstractsofTitle.SellershalldelivertoBuyercopiesofanyabstractsof4”titlecoveringalloranyportionoftheProperty(Abstract)inSeller’spossessiononorbeforeRecordTitleDeadline(3).7.6.Homeowners’AssociationDocuments.Homeowners’AssociationDocuments(Association153Documents)consistofthefollowing:7.6.1.AllHomeowners’Associationdeclarations,bylaws,operatingagreements,rulesandregulations,partywallagreements;‘1557.6.2.Minutesofmostrecentannualowners’meeting;7.6.3.Minutesofanydirectors’ormanagers’meetingsduringthesix-monthperiodimmediatelyprecedingthedateofthisContract.Ifnoneoftheprecedingminutesexist,thenthemostrecent4’.2minutes,ifany(7.6.1,7.6.2and7.6.3,collectively,GoverningDocuments).7.6.4.Themostrecentfinancialdocumentswhichconsistof:(1)annualandmostrecent45cbalancesheet,(2)annualandmostrecentincomeandexpendituresstatement,(3)annualbudget,and(4)reserve406study,ifany(collectively,FinancialDocuments).7.6.5.CommonInterestCommunityDisclosure.THEPROPERTYISLOCATEDWITHINACOMMONINTERESTCOMMUNITYANDISSUBJECTTOTHEDECLARATIONFORSUCHCOMMUNITY.170THEOWNEROFTHEPROPERTYWILLBEREQUIREDTOBEAMEMBEROFTHEOWNER’SASSOCIATIONFORTHECOMMUNITYANDWILLBESUBJECTTOTHEBYLAWSANDRULESANDREGULATIONSOFTHE473ASSOCIATION.THEDECLARATION,BYLAWS,ANDRULESANDREGULATIONSWILLIMPOSEFINANCIAL4)4OBLIGATIONSUPONTHEOWNEROFTHEPROPERTY,INCLUDINGANOBLIGATIONTOPAYASSESSMENTSOFTHEASSOCIATION.IFTHEOWNERDOESNOTPAYTHESEASSESSMENTS,THE4,;ASSOCIATIONCOULDPLACEALIENONTHEPROPERTYANDPOSSIBLYSELLITTOPAYTHEDEBT.473THEDECLARATION,BYLAWS,ANDRULESANDREGULATIONSOFTHECOMMUNITYMAYPROHIBITTHEOWNERFROMMAKINGCHANGESTOTHEPROPERTYWITHOUTANARCHITECTURALREVIEWBYTHE,ASSOCIATION(ORACOMMITTEEOFTHEASSOCIATION)ANDTHEAPPROVALOFTHEASSOCIATION.132PURCHASERSOFPROPERTYWITHINTHECOMMONINTERESTCOMMUNITYSHOULDINVESTIGATETHEFINANCIALOBLIGATIONSOFMEMBERSOFTHEASSOCIATION.PURCHASERSSHOULDCAREFULLY.READTHEDECLARATIONFORTHECOMMUNITYANDTHEBYLAWSANDRULESANDREGULATIONSOF4’THEASSOCIATION.7.6.6.AssociationDocumentstoBuyer.LI7.6.6.1.SellertoProvideAssociationDocuments.SellershallcausetheAssociation401)DocumentstobeprovidedtoBuyer,atSeller’sexpense,onorbeforeAssociationDocumentsDeadlinef3).7.6.6.2.SellerAuthorizesAssociation.SellerauthorizestheAssociationtoprovidethe443AssociationDocumentstoBuyer,atSeller’sexpense.1447.6.6.3.Seller’sObligation.Seller’sobligationtoprovidetheAssociationDocumentsshallbefulfilleduponBuyer’sreceiptoftheAssociationDocuments,regardlessofwhoprovidessuchdocuments.447Note:Ifneitherboxinthis§7.6.6ischecked,theprovisionsof§7.6.6.1shallapply.CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage6of16Buyer(s)Initials____________________________________________Seller(s)Initials____________________________________________CTMcContracts.com-©2013CTMSoitwarcCorp. 7.6.7.ConditionalonBuyer’sReview.BuyerhastherighttoreviewtheAssociationDocuments.BuyerhastheRighttoTerminateunder§25.1onorbeforeAssociationDocumentsObjectionoiDeadline(53),basedonanyunsatisfactoryprovisioninanyoftheAssociationDocuments,inBuyer’ssolesubjectivediscretionShouldBuyerreceivetheAssociationDocumentsafterAssociationDocumentsDeadline(53),Buyer,atBuyer’soption,hastheRighttoTerminateunder§25.1byBuyer’sNoticetoTerminatereceived:)i/5bySelleronorbeforetendaysafterBuyer’sreceiptoftheAssociationDocuments.IfBuyerdoesnotreceivetheSOSAssociationDocuments,orifBuyer’sNoticetoTerminatewouldotherwiseberequiredtobereceivedbySellerafterClosingDate(53),Buyer’sNoticetoTerminateshallbereceivedbySelleronorbeforeClosing(512.3).IfsosSellerdoesnotreceiveBuyer’sNoticetoTerminatewithinsuchtime,Buyeracceptstheprovisionsofthe)1OAssociationDocumentsassatisfactory,andBuyerwaivesanyRighttoTerminateunderthisprovision,notwithstandingtheprovisionsof§8.5.8.RECORDTITLEANDOFF—RECORDTITLE.8.1.RecordTitle.BuyerhastherighttoreviewandobjecttoanyoftheTitleDocuments(Rightto511Object,Resolution)assetforthin§8.3.Buyer’sobjectionmaybebasedonanyunsatisfactoryformorcontentofTitleCommitment,notwithstanding§13,oranyotherunsatisfactorytitlecondition,inBuyer’ssolesubjectivediscretion.IfBuyerobjectstoanyoftheTitleDocuments,BuyershallcauseSellertoreceiveBuyer’sNoticetos.iTerminateorNoticeofTitleObjectiononorbeforeRecordTitleObjectionDeadline(53).IfTitleDocumentsareZ2notreceivedbyBuyer,onorbeforetheRecordTitleDeadline(53),orifthereisanendorsementtotheTitleCommitmentthataddsanewExceptiontotitle,acopyofthenewExceptiontotitleandthemodifiedTitle:)1)CommitmentshallbedeliveredtoBuyer.BuyershallcauseSellertoreceiveBuyer’sNoticetoTerminateorNoticeofTitleObjectiononorbeforetendaysafterreceiptbyBuyerofthefollowingdocuments:(1)anyrequiredTitle,,DocumentnottimelyreceivedbyBuyer,(2)anychangetotheTitleDocuments,or(3)endorsementtotheTitle.%OCommitment.IfSellerreceivesBuyer’sNoticetoTerminateorNoticeofTitleObjection,pursuanttothis§8.1550(RecordTitle),anytitleobjectionbyBuyerandthisContractshallbegovernedbytheprovisionssetforthin§8.3(RighttoObjecttoTitle,Resolution).IfSellerdoesnotreceiveBuyer’sNoticetoTerminateorNoticeofTitle553Objectionbytheapplicabledeadlinespecifiedabove,BuyeracceptstheconditionoftitleasdisclosedbytheTitleDocumentsassatisfactory.8.2.Off—RecordTitle.SellershalldelivertoBuyer,onorbeforeOff—RecordTitleDeadline(53),ss.ztruecopiesofallexistingsurveysinSeller’spossessionpertainingtothePropertyandshalldisclosetoBuyeralleasements,liens(including,withoutlimitation,governmentalimprovementsapproved,butnotyetinstalled)orothertitlematters(including,withoutlimitation,rightsoffirstrefusalandoptions)notshownbypublicrecords,ofwhichs-itSellerhasactualknowledge(Off-RecordMatters).BuyerhastherighttoinspectthePropertytoinvestigateifanySthirdpartyhasanyrightinthePropertynotshownbypublicrecords(suchasanunrecordedeasement,unrecordedlease,boundarylinediscrepancyorwaterrights).Buyer’sNoticetoTerminateorNoticeofTitleciObjectionofanyunsatisfactorycondition(whetherdisclosedbySellerorrevealedbysuchinspection,notwithstanding§13),inBuyer’ssolesubjectivediscretion,shallbereceivedbySelleronorbeforeOff—Record,,.TitleObjectionDeadline(53).IfSellerreceivesBuyer’sNoticetoTerminateorNoticeofTitleObjectionpursuanttothis§8.2(Off—RecordTitleMatters),anytitleobjectionbyBuyerandthisContractshallbegoverned?bytheprovisionssetforthin§8.3(RighttoObject,Resolution).IfSellerdoesnotreceiveBuyer’sNoticetoTerminateorNoticeofTitleObjection,onorbeforeOff—RecordTitleObjectionDeadline(53),Buyeracceptsosstitlesubjecttosuchrights,ifany,ofthirdpartiesofwhichBuyerhasactualknowledge.Unlessdisclosedin.writing,SellerrepresentsandwarrantsthattherearenoOff-RecordMatters.8.3.RighttoObjecttoTitle,Resolution.Buyer’srighttoobjecttoanytitlemattersshallinclude,but55/notbelimitedtothosematterssetforthin§58.1(RecordTitleMatters),8.2(Off—RecordTitleMatters)and13(TransferofTitle),inBuyer’ssolesubjectivediscretion(collectively,RighttoObjecttoTitle).IfBuyerobjectstoanytitlematter,onorbeforetheapplicabledeadline,Buyershallhavetheoptiontoeither(1)objecttothesotconditionoftitle,or(2)terminatethisContract.8.3.1.TitleResolution.IfSellerreceivesBuyer’sNoticeofTitleObjection,asprovidedin§8.1(RecordTitle)or§8.2(Off—RecordTitle),onorbeforetheapplicabledeadline,andifBuyerandSellerhavenotsosagreedtoawrittensettlementthereofonorbeforeTitleResolutionDeadline(53),thisContractshallterminateontheexpirationofTitleResolutionDeadline(53),unlessSellerreceivesBuyer’swrittenwithdrawalofBuyer’sNoticeofTitleObjection,(i.e.,Buyer’swrittennoticetowaiveobjectiontosuchitemsandwaivestherighttososterminateforthatreason),onorbeforeexpirationofTitleResolutionDeadline(53).8.3.2.RighttoTerminate—TitleObjection.BuyerhastheRighttoTerminateunder§25.1,onorbeforetheapplicabledeadline,basedonanyunsatisfactorytitlematter,inBuyer’ssolesubjectivediscretion.S?38.4.SpecialTaxingDistricts.SPECIALTAXINGDISTRICTSMAYBESUBJECTTOGENERALOBLIGATIONINDEBTEDNESSTHATISPAIDBYREVENUESPRODUCEDFROMANNUALTAXLEVIESONTHETAXABLEPROPERTYWITHINSUCHDISTRICTS.PROPERTYOWNERSINSUCHDISTRICTSMAYBEPLACED ATRISKFORINCREASEDMILLLEVIESANDTAXTOSUPPORTTHESERVICINGOFSUCHDEBT°‘WHERECIRCUMSTANCESARISERESULTINGINTHEINABILITYOFSUCHADISTRICTTODISCHARGESUCHINDEBTEDNESSWITHOUTSUCHANINCREASEINMILLLEVIES.BUYERSSHOULDINVESTIGATEsotTHESPECIALTAXINGDISTRICTSINWHICHTHEPROPERTYISLOCATEDBYCONTACTINGTHECOUNTYCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage7of16Buyer(s)Initials____________________________________________Seller(s)Initials____________________________________________ClMeContracts.com-©2013CTMSoftwareCorp. TREASURER,BYREVIEWINGTHECERTIFICATEOFTAXESDUEFORTHEPROPERTY,ANDBYOBTAININGFURTHERINFORMATIONFROMTHEBOARDOFCOUNTYCOMMISSIONERS,THECOUNTYCLERKANDRECORDER,ORTHECOUNTYASSESSOR.BuyerhastheRighttoTerminateunder§25.1,onorbeforeOff—RecordTitleObjectionDeadline(3),basedonanyunsatisfactoryeffectofthePropertybeinglocatedwithinaspecialtaxingdistrict,inBuyer’ssolesubjectivediscretion.8.5.RightofFirstRefusalorContractApproval.IfthereisarightoffirstrefusalontheProperty,orarighttoapprovethisContract,SellershallpromptlysubmitthisContractaccordingtothetermsandconditionsofsuchtight.IftheholderoftherightoffirstrefusalexercisessuchrightortheholderofatighttoapprovedisapprovesthisContract,thisContractshallterminate.Iftherightoffirstrefusaliswaivedexplicitlyorexpires,ortheContractisapproved,thisContractshallremaininfullforceandeffect.SellershallpromptlynotifyBuyerinwritingoftheforegoing.IfexpirationorwaiveroftherightoffirstrefusalorContractapprovalhasnotoccurredonorbeforeRightofFirstRefusalDeadline(3),thisContractshallthenterminate.8.6.TitleAdvisory.TheTitleDocumentsaffectthetitle,ownershipanduseofthePropertyandshouldbereviewedcarefully.Additionally,othermattersnotreflectedintheTitleDocumentsmayaffectthetitle,ownershipanduseoftheProperty,including,withoutimitation,boundarylinesandencroachments,area,zoning,unrecordedeasementsandclaimsofeasements,leasesandotherunrecordedagreements,andvariouslawsandgovernmentalregulationsconcerninglanduse,developmentandenvironmentalmatters.Thesurfaceestatemaybeownedseparatelyfromtheunderlyingmineralestate,andtransferofthesurfaceestatedoesnotnecessarilyincludetransferofthemineralrightsorwaterrights.Thirdpartiesmayholdinterestsinoil,gas,otherminerals,geothermalenergyorwateronorundertheProperty,whichinterestsmaygivethemrightstoenterandusetheProperty.Suchmattersmaybeexcludedfromornotcoveredbythetitleinsurancepolicy.BuyerisadvisedtotimelyconsultlegalcounselwithrespecttoallsuchmattersastherearestricttimelimitsprovidedinthisContract[e.g.,RecordTitleObjectionDeadline(3)andOff—RecordTitleObjectionDeadline(3)].9.CURRENTSURVEYREVIEW.9.1.CurrentSurveyConditions.Iftheboxin§9.1.1or§9.1.2ischecked,Buyer,theissueroftheTitleCommitmentortheprovideroftheopinionoftitleifanAbstract,andn/ashallreceiveaCurrentSurvey,i.e.,ImprovementLocationCertificate,ImprovementSurveyPlatorotherformofsurveysetforthin§9.1.2(collectively,CurrentSurvey),onorbeforeCurrentSurveyDeadline(3).TheCurrentSurveyshallbecertifiedbythesurveyortoallthosewhoaretoreceivetheCurrentSurvey.El9.1.1.ImprovementLocationCertificate.Iftheboxinthis§9.1.1ischecked,ElSellerElBuyershallorderorprovide,andpay,onorbeforeClosing,thecostofanImprovementLocationCertificate.El9.1.2.OtherSurvey.Iftheboxinthis§9.1.2ischecked,aCurrentSurvey,otherthananImprovementLocationCertificate,shallbeanElImprovementSurveyPlatEln/a.ThepartiesagreethatpaymentofthecostoftheCurrentSurveyandobligationtoorderorprovidetheCurrentSurveyshallbeasfollows:n/a9.2.CurrentSurveyObjection.BuyerhastherighttoreviewandobjecttotheCurrentSurvey.BuyerhastheRighttoTerminateunder§25.1,onorbeforetheCurrentSurveyObjectionDeadline(3),iftheCurrentSurveyisnottimelyreceivedbyBuyerorbasedonanyunsatisfactorymatterwiththeCurrentSurvey,notwithstanding§8.2or§13.IDISCLOSURE,INSPECTIONANDDUEDILIGENCEI10.PROPERTYDISCLOSURE,INSPECTION,INDEMNITY,INSURABILITY,DUEDILIGENCE,BUYERDISCLOSUREANDSOURCEOFWATER.10.1.Seller’sPropertyDisclosure.OnorbeforeSeller’sPropertyDisclosureDeadline(3),SelleragreestodelivertoBuyerthemostcurrentversionoftheapplicableColoradoRealEstateCommission’sSeller’sPropertyDisclosureformcompletedbySellertoSeller’sactualknowledge,currentasofthedateofthisContract.10.2.InspectionObjection.UnlessotherwiseprovidedinthisContract,BuyeracknowledgesthatSellerisconveyingthePropertytoBuyerinan“asis”condition,“whereis”and“withallfaults”.SellershalldisclosetoBuyer,inwriting,anylatentdefectsactuallyknownbySeller.Buyer,actingingoodfaith,hastherighttohaveinspections(byoneormorethirdparties,personallyorboth)ofthePropertyandInclusions(Inspection),atBuyer’sexpense.If(1)thephysicalconditionoftheProperty,includingbutnotlimitedto,theroof,walls,structuralintegrityoftheProperty,theelectrical,plumbing,HVACandothermechanicalsystemsoftheProperty,(2)thephysicalconditionoftheInclusions,(3)servicetotheProperty(includingutilitiesandcommunicationservices),systemsandcomponentsoftheProperty,e.g.heatingandplumbing,(4)anyproposedorexistingtransportationproject,road,streetorhighway,or(5)anyotheractivity,odorornoise(whetheronorofftheProperty)anditseffectorexpectedeffectonthePropertyoritsoccupantsisunsatisfactory,inBuyer’ssolesubjectivediscretion,Buyershall,onorbeforeInspectionObjectionDeadline(3):CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage8of16Buyer(s)Initials____________________________________________Seller(s)Initials_____________62S84565586S1’7585569ssi,%25’145955973C,95f.S5,))665941•C)S55956’)1041151261361451561s617616519671)621621(‘73525626627628629655()55.)6546s66%I5_596406415426:11’655551S2951664SS556557S56595505514526(3CTMcContracts.com-©2013CIMSoftwareCorp. 10.2.1.NoticetoTerminate.NotifySellerinwritingthatthisContractisterminated;or10.2.2.InspectionObjection.DelivertoSellerawrittendescriptionofanyunsatisfactoryphysicalconditionthatBuyerrequiresSellertocorrect.BuyerhastheRighttoTerminateunder§25.1,onorbeforeInspectionObjectionDeadline(3)ifthe5PropertyorInclusionsareunsatisfactory,inBuyer’ssolesubjectivediscretion.67110.3.InspectionResolution.IfanInspectionObjectionisreceivedbySeller,onorbeforeInspectionZObjectionDeadline(3),andifBuyerandSellerhavenotagreedinwritingtoasettlementthereofonorbeforeInspectionResolutionDeadline(3),thisContractshallterminateonInspectionResolutionDeadline(3)tiunlessSellerreceivesBuyer’swrittenwithdrawaloftheInspectionObjectionbeforesuchtermination,i.e.,onorbeforeexpirationofInspectionResolutionDeadline(3).10.4.Damage,LiensandIndemnity.Buyer,exceptasotherwiseprovidedinthisContractorotheri7)writtenagreementbetweentheparties,isresponsibleforpaymentforallinspections,tests,surveys,engineeringreports,orotherreportsperformedatBuyer’srequest(Work)andshallpayforanydamagethatoccurstothePropertyandInclusionsasaresultofsuchWork.Buyershallnotpermitclaimsorliensofanykindagainstthe663PropertyforWorkperformedonthePropertyatBuyer’srequest.Buyeragreestoindemnify,protectandholdSellerharmlessfromandagainstanyliability,damage,costorexpenseincurredbySellerandcausedbyanysuchWork,claim,orlien.ThisindemnityincludesSeller’srighttorecoverallcostsandexpensesincurredbySellertodefendagainstanysuchliability,damage,costorexpense,ortoenforcethissection,includingSeller’sreasonableattorneyfees,legalfeesandexpenses.TheprovisionsofthissectionshallsurvivetheterminationofthisContract.This§10.4doesnotapplytoitemsperformedpursuanttoanInspectionResolution.10.5.Insurability.Buyerhastherighttoreviewandobjecttotheavailability,termsandconditionsofandpremiumforpropertyinsurance(PropertyInsurance).BuyerhastheRighttoTerminateunder§25.1,onor,,beforePropertyInsuranceObjectionDeadline(3),basedonanyunsatisfactoryprovisionofthePropertyo°oInsurance,inBuyer’ssolesubjectivediscretion.E.10.6.DueDiligenceDocuments.SelleragreestodelivercopiesofthefollowingdocumentsandinformationpertainingtotheProperty(DueDiligenceDocuments)toBuyeronorbeforeDueDiligence699DocumentsDeliveryDeadIine(3):10.6.1.Allcurrentleases,includinganyamendmentsorotheroccupancyagreements,pertainingtotheProperty,ifany(Leases).76310.6.2.Otherdocumentsandinformation:n/a10.7.DueDiligenceDocumentsConditions.BuyerhastherighttoreviewandobjecttoDueDiligenceDocuments,inBuyer’ssolesubjectivediscretion,andhastherighttoobjectifSellerfailstodelivertoBuyerallDueDiligenceDocuments.Buyershallalsohavetheunilateralrighttowaiveanyconditionherein.71010.7.1.DueDiligenceDocumentsObjection.BuyerhastheRighttoTerminateunder§25.1onorbeforeDueDiligenceDocumentsObjectionDeadline(3),basedonanyunsatisfactorymatterwiththe71/DueDiligenceDocuments,inBuyer’ssolesubjectivediscretion.IfallDueDiligenceDocumentsunder§10.6are711notreceivedbyBuyeronorbeforeDueDiligenceDocumentsDeliveryDeadline(3),thenBuyerhastheRighttoTerminateunder§25.1,onorbeforetheearlieroftendaysafterDueDiligenceDocumentsObjectionitDeadline(3)orClosing.7Ii.10.8.ConditionalUponSaleofProperty.ThisContractisconditionaluponthesaleandclosingofthatcertainpropertyownedbyBuyerandcommonlyknownasnone721Buyer,hastheRighttoTerminateunder§25.1byBuyer’sNoticetoTerminatereceivedbySelleronorbeforeConditionalSaleDeadline(3)ifsuchpropertyisnotsoldandclosedbysuchdeadline.This§10.8isforthe724solebenefitofBuyer,.IfSellerdoesnotreceiveBuyer’sNoticetoTerminateonorbeforeConditionalSaleDeadline(3),BuyerwaivesanyRighttoTerminateunderthisprovision.10.9.SourceofPotableWater(ResidentialLandandResidentialImprovementsOnly).BuyerDoesEDoesNotacknowledgereceiptofacopyofSeller’sPropertyDisclosureorSourceof722WaterAddendumdisclosingthesourceofpotablewaterfortheProperty.BuyerEDoesDoesNotacknowledgereceiptofacopyofthecurrentwellpermit.ThereisNoWell.NotetoBuyer:SOMEWATER73PROVIDERSRELY,TOVARYINGDEGREES,ONNONRENEWABLEGROUNDWATER.YOUMAYWISHTOCONTACTYOURPROVIDER(ORINVESTIGATETHEDESCRIBEDSOURCE)TODETERMINETHELONG—TERMSUFFICIENCYOFTHEPROVIDER’SWATERSUPPLIES.73610.10.CarbonMonoxideAlarms.Note:IftheimprovementsonthePropertyhaveafuel—fired/3/heaterorappliance,afireplace,oranattachedgarageandincludeoneormoreroomslawfullyusedforsleepingpurposes(Bedroom),thepartiesacknowledgethatColoradolawrequiresthatSellerassurethePropertyhasanyooperationalcarbonmonoxidealarminstalledwithinfifteenfeetoftheentrancetoeachBedroomorinalocationasl’iIrequiredbytheapplicablebuildingcode.10.11.Lead—BasedPaint.Unlessexempt,iftheimprovementsonthePropertyincludeoneoriiimoreresidentialdwellingsforwhichabuildingpermitwasissuedpriortoJanuary1,1978,thisContractshallbe75voidunless(1)acompletedLead—BasedPaintDisclosure(Sales)formissignedbySeller,therequiredrealestatelicenseesandBuyer,and(2)SellerreceivesthecompletedandfullyexecutedformpriortothetimewhenCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage9of16Buyer(s)Initials____________________________________________Seller(s)Initials____________________________________________ClMeContracts.com-©2013CTMSoFtwareCorp. .isthisContractissignedbyallparties.BuyeracknowledgestimelyreceiptofacompletedLead—BasedPaint?‘‘Disclosure(Sales)formsignedbySellerandtherealestatelicensees.10.12.MethamphetamineDisclosure.IfSellerknowsthatmethamphetaminewasever?,manufactured,processed,cooked,disposedof,usedorstoredattheProperty,Sellerisrequiredtodisclosesuchfact.NodisclosureisrequitedifthePropertywasremediatedinaccordancewithstatestandardsandotherrequirementsarefulfilledpursuantto§25—18.5—102,C.R.S.BuyerfurtheracknowledgesthatBuyerhasthe,srrighttoengageacertifiedhygienistorindustrialhygienisttotestwhetherthePropertyhaseverbeenusedasa7methamphetaminelaboratory.BuyerhastheRighttoTerminateunder§25.1,uponSeller’sreceiptofBuyer’swrittenNoticetoTerminate,notwithstandinganyotherprovisionofthisContract,basedonBuyer’stestresults700thatindicatethePropertyhasbeencontaminatedwithmethamphetamine,buthasnotbeenremediatedtomeet701thestandardsestablishedbyrulesoftheStateBoardofHealthpromulgatedpursuantto§25—18.5—102,C.R.S.BuyershallpromptlygivewrittennoticetoSelleroftheresultsofthetest.6511.COLORADOFORECLOSUREPROTECTIONACT.TheColoradoForeclosureProtectionAct(Act)‘‘generallyappliesif:(1)thePropertyisresidential,(2)SellerresidesinthePropertyasSeller’sprincipalresidence,.‘o(3)Buyer’spurposeinpurchaseofthePropertyisnottousethePropertyasBuyer’spersonalresidence,and(4)‘thePropertyisinforeclosureorBuyerhasnoticethatanyloansecuredbythePropertyisatleastthirtydays;delinquentorindefault.lithetransactionisaShortSaletransactionandaShortSaleAddendumispartofthis;‘Contract,theActdoesnotapply.Eachpartyisfurtheradvisedtoconsultanattorney.ICLOSINGPROVISIONSI12.CLOSINGDOCUMENTS,INSTRUCTIONSANDCLOSING./7’-;12.1.ClosingDocumentsandClosingInformation.SellerandBuyershallcooperatewiththeClosing‘,CompanytoenabletheClosingCompanytoprepareanddeliverdocumentsrequiredforClosingtoBuyerand;Sellerandtheirdesignees.IfBuyerisobtaininganewloantopurchasetheProperty,Buyeracknowledges/s3Buyer’slendershallberequiredtoprovidetheClosingCompanyinatimelymannerallrequiredloandocumentsandfinancialinformationconcerningBuyer’snewloan.BuyerandSellerwillfurnishanyadditionalinformationand,documentsrequiredbyClosingCompanythatwillbenecessarytocompletethistransaction.BuyerandSeller1h/shallsignandcompleteallcustomaryorreasonablyrequireddocumentsatorbeforeClosing.I....12.2.ClosingInstructions.ColoradoRealEstateCommissionsClosingInstructionsArereNot,‘QoexecutedwiththisContract.Uponmutualexecution,SeIIerEBuyershalldeliversuchClosingInstructionstotheClosingCompany.12.3.Closing.DeliveryofdeedfromSellertoBuyershallbeatclosing(Closing).ClosingshallbeonthedatespecifiedastheClosingDate(53)orbymutualagreementatanearlierdate.ThehourandplaceofClosingshallbeasdesignatedbybuyerandsellerP7/12.4.DisclosureofSettlementCosts.BuyerandSelleracknowledgethatcosts,quality,andextentof700servicevarybetweendifferentsettlementserviceproviders(e.g.,attorneys,lenders,inspectorsandtitlecompanies).0213.TRANSFEROFTITLE.SubjecttotenderofpaymentatClosingasrequiredhereinandcompliancebyBuyerwiththeothertermsandprovisionshereof,SellershallexecuteanddeliveragoodandsufficientspecialwarrantydeedtoBuyer,atClosing,conveyingthePropertyfreeandclearofalltaxesexcept806thegeneraltaxesfortheyearofClosing.Exceptasprovidedherein,titleshallbeconveyedfreeandclearofallliens,includinganygovernmentalliensforspecialimprovementsinstalledasofthedateofBuyer’ssignaturehereon,whetherassessedornot.Titleshallbeconveyedsubjectto:13.1.ThosespecificExceptionsdescribedbyreferencetorecordeddocumentsasreflectedintheTitleDocumentsacceptedbyBuyerinaccordancewithRecordTitle(58.1),13.2.Distributionutilityeasements(includingcableTV),13.3.ThosespecificallydescribedrightsofthirdpartiesnotshownbythepublicrecordsofwhichBuyerhasactualknowledgeandwhichwereacceptedbyBuyerinaccordancewithOff-RecordTitle“(58.2)andCurrentSurveyReview(59),13.4.InclusionofthePropertywithinanyspecialtaxingdistrict,and13.5.Othern/a8)181214.PAYMENTOFENCUMBRANCES.AnyencumbrancerequiredtobepaidshallbepaidatorbeforeClosingfromtheproceedsofthistransactionorfromanyothersource.“2715.CLOSINGCOSTS,CLOSINGFEE,ASSOCIATIONFEESANDTAXES.15.1.ClosingCosts.BuyerandSellershallpay,inGoodFunds,theirrespectiveclosingcostsandallotheritemsrequiredtobepaidatClosing,exceptasotherwiseprovidedherein.CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage10of16Buyer(s)Initials____________________________________________Seller(s)Initials____________________________________________CTMeContracts.com-©2013CIMSoftwareCorp. 15.2.ClosinServicesFee.ThefeeforrealestateclosingservicesshallbepaidatClosingby;ElBuyerElSellerOne-HalfbyBuyerandOne-HalfbySeller834ElOthern/a15.3.StatusLetterandRecordChangeFees.AnyfeesincidenttotheissuanceofAssociation’s837statementofassessments(StatusLetter)shallbepaidbyElBuyerSellerElOne-HaIfbyBuyerandOne-HalfbySeller.ElNone.AnyrecordchangefeeassessedbytheAssociationincluding,butnotlimitedto,ownershiprecordtransferfeesregardlessofnameortitleofsuchfee(Association’sRecordChangeFee)shallbe3-’.’paidbyElBuyerSellerElOne-HalfbyBuyerandOne-HalfbySellerElNone.See§15.5forPrivateTransferFees.15.4.LocalTransferTax.ElTheLocalTransferTaxof0%ofthePurchasePrice‘shallbepaidatClosingbyElBuyerElSellerElOne-HalfbyBuyerandOne-HalfbySeller.None.15.5.PrivateTransferFee.PrivatetransferfeesandotherfeesduetoatransferoftheProperty,84%.payableatClosing,suchascommunityassociationfees,developerfeesandfoundationfees,shallbepaidatClosingbyElBuyerElSellerElOneHaIfbyBuyerandOne-HalfbySellerNone.ThePrivateTransferfee,whetheroneormore,isforthefollowingassociation(s):___________________________________inthetotalamount8)2of0/ofthePurchasePriceor$____________15.6.WaterTransferFees.TheWaterTransferFeescanchange.Thefees,asofthedateofthis,sContract,donotexceed:‘35’-$150forElWaterStock!CertificatesWaterDistrict$____________forElAugmentationMembershipElSmallDomesticWaterCompanyEl___________________andmustbepaidatClosingbyElBuyerSellerElOne-HalfbyBuyerandOne-HalfbySellerElNone.15.7.SalesandUseTax.AnysalesandusetaxthatmayaccruebecauseofthistransactionshallbepaidwhenduebyElBuyerElSellerElOne-HalfbyBuyerandOne-HalfbySellerNone.16.PRORATIONS.ThefollowingshallbeproratedtoClosingDate(3),exceptasotherwiseprovided:86616.1.Taxes.Personalpropertytaxes,ifany,specialtaxingdistrictassessments,ifany,andgeneralrealestatetaxesfortheyearofClosing,basedonElTaxesfortheCalendarYearImmediatelyPrecedingoooClosingMostRecentMillLevyandMostRecentAssessedValuation,adjustedbyanyapplicablequalifyingseniorspropertytaxexemption,qualifyingdisabledveteranexemptionorElOther.,.,,n/a87316.2.Rents.RentsbasedonElRentsActuallyReceivedElAccrued.AtClosing,SellershalltransferorcredittoBuyerthesecuritydepositsforallLeasesassigned,oranyremainderafterlawfuldeductions,andnotifyalltenantsinwritingofsuchtransferandofthetransferee’snameandaddress.Sellershallassignto3”?BuyerallLeasesineffectatClosingandBuyershallassumeSeller’sobligationsundersuchLeases.16.3.AssociationAssessments.CurrentregularAssociationassessmentsanddues(Association.331)Assessments)paidinadvanceshallbecreditedtoSelleratClosing.Cashreservesheldoutoftheregular831AssociationAssessmentsfordeferredmaintenancebytheAssociationshallnotbecreditedtoSellerexceptasmaybeotherwiseprovidedbytheGoverningDocuments.BuyeracknowledgesthatBuyermaybeobligatedtopaytheAssociation,atClosing,anamountforreservesorworkingcapital.Anysecialassessmentassessedpriorto885ClosingDate(3)bytheAssociationshallbetheobligationofElBuyereller.Excepthowever,anyspecialassessmentbytheAssociationforimprovementsthathavebeeninstalledasofthedateofBuyer’ssoo.signaturehereon,whetherassessedpriortoorafterClosing,shallbetheobligationofSeller.SellerrepresentsthattheAssociationAssessmentsarecurrentlypayableat$75permonthandthattherearenounpaidregularorspecialassessmentsagainstthePropertyexceptthecurrentregularassessmentsandnoneknown.SuchassessmentsaresubjecttochangeasprovidedintheGoverningDocuments.SelleragreestopromptlyrequesttheAssociationtodelivertoBuyerbeforeClosingDate(3)acurrentStatusLetter.16.4.OtherProrations.Waterandsewercharges,propane,interestoncontinuingloan,andn/a.80616.5.FinalSettlement.Unlessotherwiseagreedinwriting,theseprorationsshallbefinal.8’)?17.POSSESSION.PossessionofthePropertyshallbedeliveredtoBuyeronPossessionDate(3)at900PossessionTime(3),subjecttothefollowingLeasesortenancies:‘UUponasuccessfulclosingsubjecttonoleasesortenantsIfSeller,afterClosing,failstodeliverpossessionasspecified,SellershallbesubjecttoevictionandshallbeadditionallyliabletoBuyerforpaymentof$250perday(oranypartofadaynotwithstanding§18.1)fromPossessionDate(3)andPossessionTime(3)untilpossessionisdelivered.BuyerDoesElDoesNotrepresentthatBuyerwilloccupythePropertyasBuyersprincipalresidence“00nNote:IfthepartiesagreetoexecuteaPost-ClosingOccupancyAgreement,thedocumentshouldappearin‘31.1Attachments(31).91213014IGENERALPROVISIONSICBSI-9-12.CONTRACTTOBUYANDSILLREALESTATE-ResidentialPageIIof16Buyer(s)Initials_________________________________________Seller(s)Initials_________________________________________CTMeContracts.com-©20I3CTMSoftwareCorp. 18.DAY;COMPUTATIONOFPERIODOFDAYS,DEADLINE.18.1.Day.AsusedinthisContract,theterm“dayshallmeantheentiredayendingat11:59p.m.,UnitedStatesMountainTime(StandardorDaylightSavingsasapplicable).18.2.ComputationofPeriodofDays,Deadline.Incomputingaperiodofdays,whentheendingdateisnotspecified,thefirstdayisexcludedandthelastdayisincluded,e.g.,threedaysafterMEC.IfanydeadlinefallsonaSaturday,SundayorfederalorColoradostateholiday(Holiday),suchdeadlineShallElShallNot28beextendedtothenextdaythatisnotaSaturday,SundayorHoliday.Shouldneitherboxbechecked,thedeadlineshallnotbeextended.979289)119.CAUSESOFLOSS,INSURANCE;DAMAGETOINCLUSIONSANDSERVICES;CONDEMNATION;ANDWALK—THROUGH.ExceptasotherwiseprovidedinthisContract,theProperty,InclusionsorbothshallbedeliveredintheconditionexistingasofthedateofthisContract,ordinarywearandtearexcepted.93319.1.CausesofLoss,Insurance.IntheeventthePropertyorInclusionsaredamagedbyfire,otherperilsorcausesoflosspriortoClosinginanamountofnotmorethantenpercentofthetotalPurchasePrice(PropertyDamage),SellershallbeobligatedtorepairthesamebeforeClosingDate(3).BuyerhastheRightto:31Terminateunder§25.1,onorbeforeClosingDate(3),ifthePropertyDamageisnotrepairedbeforeClosingDate(3)orifthedamageexceedssuchsum.ShouldBuyerelecttocarryoutthisContractdespitesuchPropertyDamage,BuyershallbeentitledtoacreditatClosingforallinsuranceproceedsthatwerereceivedbySeller(butnottheAssociation,ifany)resultingfromsuchdamagetothePropertyandInclusions,plustheamountofanydeductibleprovidedforinsuchinsurancepolicy.SuchcreditwillnotexceedthePurchasePrice.IntheeventSellerhasnotreceivedsuchinsuranceproceedspriortoClosing,thepartiesmayagreetoextendthe9ClosingDate(3)or,attheoptionofBuyer,SellershallassignsuchproceedsatClosing,pluscreditBuyertheamountofanydeductibleprovidedforinsuchinsurancepolicy,butnottoexceedthetotalPurchasePrice.19.2.Damage,InclusionsandServices.ShouldanyInclusionorservice(includingutilitiesandcommunicationservices),system,componentorfixtureoftheProperty(collectivelyService),e.g.,heatingor?plumbing,failorbedamagedbetweenthedateofthisContractandClosingorpossession,whichevershallbeearlier,thenSellershallbeliablefortherepairorreplacementofsuchInclusionorServicewithaunitofsimilar953size,ageandquality,oranequivalentcredit,butonlytotheextentthatthemaintenanceorreplacementofsuchInclusionorServiceisnottheresponsibilityoftheAssociation,ifany,lessanyinsuranceproceedsreceivedbyBuyercoveringsuchrepairorreplacement.IfthefailedordamagedInclusionorServiceisnotrepairedorreplaced6’SzonorbeforeClosingorpossession,whichevershallbeearlier,BuyerhastheRighttoTerminateunder§25.1,onorbeforeClosingDate(3),or,attheoptionofBuyer,BuyerwillbeentitledtoacreditatClosingfortherepairorreplacementofsuchInclusionorService.SuchcreditshallnotexceedthePurchasePrice.IfBuyerreceivessuchacredit,Seller’srightforanyclaimagainsttheAssociation,ifany,shallsurviveClosing.SellerandBuyerare?awareoftheexistenceofpre—ownedhomewarrantyprogramsthatmaybepurchasedandmaycovertherepairorreplacementofsuchInclusions.19.3.Condemnation.IntheeventSellerreceivesactualnoticepriortoClosingthatapendingcondemnationactionmayresultinatakingofallorpartofthePropertyorInclusions,SellershallpromptlynotifyBuyer,inwriting,ofsuchcondemnationaction.BuyerhastheRighttoTerminateunder§25.1,onorbefore969ClosingDate(3),basedonsuchcondemnationaction,inBuyer’ssolesubjectivediscretion.ShouldBuyerelecttoconsummatethisContractdespitesuchdiminutionofvaluetothePropertyandInclusions,Buyershallbe972entitledtoacreditatClosingforallcondemnationproceedsawardedtoSellerforthediminutioninthevalueofthe913PropertyorInclusionsbutsuchcreditshallnotincluderelocationbenefitsorexpenses,orexceedthePurchasePrice.19.4.Walk—ThroughandVerificationofCondition.Buyer,uponreasonablenotice,hastherightto911walkthroughthePropertypriortoClosingtoverifythatthephysicalconditionofthePropertyandInclusions?complieswiththisContract.98099120.RECOMMENDATIONOFLEGALANDTAXCOUNSEL.BysigningthisContract,BuyerandSeller4acknowledgethattherespectivebrokerhasadvisedthatthisContracthasimportantlegalconsequencesandhasrecommendedtheexaminationoftitleandconsultationwithlegalandtaxorothercounselbeforesigningthisosContract.21.TIMEOFESSENCE,DEFAULTANDREMEDIES.Timeisoftheessencehereof.IfanynoteorcheckoscreceivedasEarnestMoneyhereunderoranyotherpaymentduehereunderisnotpaid,honoredortenderedwhen?°due,orifanyobligationhereunderisnotperformedorwaivedashereinprovided,thenon-defaultingpartyhasthe9c.)followingremedies:99321.1.IfBuyerisinDefault:El21.1.1.SpecificPerformance.SellermayelecttotreatthisContractascanceled,inwhichcaseallEarnestMoney(whetherornotpaidbyBuyer)shallbepaidtoSellerandretainedbySeller;andSeller‘imayrecoversuchdamagesasmaybeproper;orSellermayelecttotreatthisContractasbeinginfullforceandCBSI-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage12of16Buyer(s)Initials______________________________________________Seller(s)Initials______________________________________________ClMcContracts.corn-©2013CTMSoftwareCorp. effectandSellerhastherighttospecificperformanceordamages,orboth.21.1.2.LiquidatedDamages,Applicable.This§21.1.2shallapplyunlesstheboxin§IOC;21.1.1.ischecked.AllEarnestMoney(whetherornotpaidbyBuyer)shallbepaidtoSeller,andretainedbySeller.Bothpartiesshallthereafterbereleasedfromallobligationshereunder.ItisagreedthattheEarnestMoneyspecifiedin§4.1isLIQUIDATEDDAMAGES,andnotapenalty,whichamountthepartiesagreeisfairand1009reasonableand(exceptasprovidedin§510.4,22,23and24),saidpaymentofEarnestMoneyshallbeSELLER’SONLYREMEDYforBuyer’sfailuretoperformtheobligationsofthisContract.Sellerexpresslywaivestheremediesofspecificperformanceandadditionaldamages.21.2.IfSellerisinDefault:BuyermayelecttotreatthisContractascanceled,inwhichcaseallEarnestMoneyreceivedhereundershallbereturnedandBuyermayrecoversuchdamagesasmaybeproper,orBuyermayelecttotreatthisContractasbeinginfullforceandeffectandBuyerhastherighttospecific1913performanceordamages,orboth.101422.LEGALFEES,COSTANDEXPENSES.Anythingtothecontraryhereinnotwithstanding,intheeventof1017anyarbitrationorlitigationrelatingtothisContract,priortoorafterClosingDate(53),thearbitratororcourtshallawardtotheprevailingpartyallreasonablecostsandexpenses,includingattorneyfees,legalfeesandexpenses.o;123.MEDIATION.IfadisputearisesrelatingtothisContract,priortoorafterClosing,andisnotresolved,thepartiesshallfirstproceedingoodfaithtosubmitthemattertomediation.Mediationisaprocessinwhichthepartiesmeetwithanimpartialpersonwhohelpstoresolvethedisputeinformallyandconfidentially.Mediators112Scannotimposebindingdecisions.Thepartiestothedisputemustagree,inwriting,beforeanysettlementisbinding.Thepartieswilljointlyappointanacceptablemediatorandwillshareequallyinthecostofsuch29mediation.Themediation,unlessotherwiseagreed,shallterminateintheeventtheentiredisputeisnotresolved1129withinthirtydaysofthedatewrittennoticerequestingmediationisdeliveredbyonepartytotheotherattheparty’slastknownaddress.ThissectionshallnotalteranydateinthisContract,unlessotherwiseagreed.?24.EARNESTMONEYDISPUTE.Exceptasotherwiseprovidedherein,EarnestMoneyHoldershallreleasetheEarnestMoneyasdirectedbywrittenmutualinstructions,signedbybothBuyerandSeller.IntheeventofanycontroversyregardingtheEarnestMoney(notwithstandinganyterminationofthisContract),EarnestMoney133?Holdershallnotberequiredtotakeanyaction.EarnestMoneyHolder,atitssolesubjectivediscretion,hasseveraloptions:(1)awaitanyproceeding,(2)interpleadallpartiesanddepositEarnestMoneyintoacourtofcompetentjurisdictionandshallrecovercourtcostsandreasonableattorneyandlegalfees,or(3)providenoticeto1041BuyerandSellerthatunlessEarnestMoneyHolderreceivesacopyoftheSummonsandComplaintorClaim(betweenBuyerandSeller)containingthecasenumberofthelawsuit(Lawsuit)withinonehundredtwentydaysofEarnestMoneyHolder’snoticetotheparties,EarnestMoneyHoldershallbeauthorizedtoreturntheEarnestfl45MoneytoBuyer.IntheeventEarnestMoneyHolderdoesreceiveacopyoftheLawsuit,andhasnotinterpleadthemoniesatthetimeofanyOrder,EarnestMoneyHoldershalldisbursetheEarnestMoneypursuanttotheOrderoftheCourt.ThepartiesreaffirmtheobligationofMediation(523).25.TERMINATION.25.1.RighttoTerminate.Ifapartyhasarighttoterminate,asprovidedinthisContract(Rightto1033Terminate),theterminationshallbeeffectiveupontheotherparty’sreceiptofawrittennoticetoterminate(NoticetoTerminate),providedsuchwrittennoticewasreceivedonorbeforetheapplicabledeadlinespecifiedinthisContract.IftheNoticetoTerminateisnotreceivedonorbeforethespecifieddeadline,thepartywiththeRightto1057Terminateshallhaveacceptedthespecifiedmailer,documentorconditionassatisfactoryandwaivedtheRighttoTerminateundersuchprovision.25.2.EffectofTermination.IntheeventthisContractisterminated,allEarnestMoneyreceived10(1hereundershallbereturnedandthepartiesshallberelievedofallobligationshereunder,subjectto§510.4,22,23and24.i1j’26.ENTIREAGREEMENT,MODIFICATION,SURVIVAL.ThisContract,itsexhibitsandspecifiedaddenda,constitutetheentireagreementbetweenthepartiesrelatingtothesubjecthereof,andanyprioragreementspertainingthereto,whetheroralorwritten,havebeenmergedandintegratedintothisContract.Nosubsequent?modificationofanyofthetermsofthisContractshallbevalid,bindingupontheparties,orenforceableunlessmadeinwritingandsignedbytheparties.AnyrightorobligationinthisContractthat,byitsterms,existsorisintendedtobeperformedafterterminationorClosingshallsurvivethesame.27.NOTICE,DELIVERY,ANDCHOICEOFLAW.97927.1.PhysicalDelivery.Allnoticesmustbeinwriting,exceptasprovidedin§27.2.Anydocument,1317includingasigneddocumentornotice,fromoronbehalfofSeller,anddeliveredtoBuyershallbeeffectivewhen?1’physicallyreceivedbyBuyer,anysignatoryonbehalfofBuyer,anynamedindividualofBuyer,anyrepresentativeofBuyer,orBrokerageFirmofBrokerworkingwithBuyer(exceptfordelivery,afterClosing,ofthenotice1313requestingmediationdescribedin§23)andexceptasprovidedin§27.2.Anydocument,includingasignedCBSI-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage13of16Buyer(s)Initials_________________________________________Seller(s)Initials_________________________________________CTMcContracts.com-©2013CIMSoftwareCorp. documentornotice,fromoronbehalfofBuyer,anddeliveredtoSellershallbeeffectivewhenphysicallyreceivedbySeller,anysignatoryonbehalfofSeller,anynamedindividualofSeller,anyrepresentativeofSeller,or1055BrokerageFirmofBrokerworkingwithSeller(exceptfordelivery,afterClosing,ofthenoticerequestingmediationdescribedin§23)andexceptasprovidedin§27.2.27.2.ElectronicDelivery.Asanalternativetophysicaldelivery,anydocument,includinganysigned:100documentorwrittennotice,maybedeliveredinelectronicformonlybythefollowingindicatedmethods:DFacsimileE-mailElInternetElNoElectronicDelivery.Ifthebox“NoElectronicDelivery”ischecked,this§27.2shallnotbeapplicableand§27.1shallgovernnoticeanddelivery.Documentswithoriginal1055signaturesshallbeprovideduponrequestofanyparty.27.3.ChoiceofLaw.ThisContractandalldisputesarisinghereundershallbegovernedbyandconstruedinaccordancewiththelawsoftheStateofColoradothatwouldbeapplicabletoColoradoresidentswhosigna1027contractinColoradoforpropertylocatedinColorado.28.NOTICEOFACCEPTANCE,COUNTERPARTS.Thisproposalshallexpireunlessacceptedinwriting,byIC!BuyerandSeller,asevidencedbytheirsignaturesbelow,andtheofferingpartyreceivesnoticeofsuchacceptancepursuantto§27onorbeforeAcceptanceDeadlineDatef3)andAcceptanceDeadlineTime(3).Ifaccepted,thisdocumentshallbecomeacontractbetweenSellerandBuyer.AcopyofthisContractmaybeexecutedbyeachparty,separately,andwheneachpartyhasexecutedacopythereof,suchcopiestakentogethershallbedeemedtobeafullandcompletecontractbetweentheparties.1.11)13I10529.GOODFAITH.BuyerandSelleracknowledgethateachpartyhasanobligationtoactingoodfaithincluding,butnotlimitedto,exercisingtherightsandobligationssetforthintheprovisionsofFinancingConditionsand::iObligations(5),RecordTitleandOff—RecordTitle(8),CurrentSurveyReview(9)andProperty.1Disclosure,Inspection,Indemnity,Insurability,DueDiligence,BuyerDisclosureandSourceofWater(10).IADDITIONALPROVISIONSANDATTACHMENTSI2030.ADDITIONALPROVISIONS.(ThefollowingadditionalprovisionshavenotbeenapprovedbytheColoradoRealEstateCommission.)121“MEC”referstothemutualexecutionofthecontractbybothsellerandbuyer.1124IfBuyerterminatesthecontractafterlastcontingencydate,January8,2074,Buyerwillforfeit1127earnestmoniestoSellerifcontractfailstoclose.BuyerwillreadandinitialtheMasterDeclarationofCovenantsforTownofEagle,whichregulate:3thepropertytobepurchased.IfthepresenceofaregisteredsexoffenderisamatterofconcerntotheBuyer,BuyerunderstandsthatBuyermustcontactlocallawenforcementofficialsregardingobtainingsuch1130information.;j5ThelenderfortheBuyerwillhirealocalappraisalcompanythathasextensiveexperienceand1140knowledgeintheEagleCountydeedrestrictedrealestatemarket.Ii!SellerwillhaveaworkingcarbonmonoxidedetectorwithanewbatteryandoperationalelectricalI144outletwithin15feetofallbedroomsatthetimeofpossession.Notwithstandinganythingtothecontraryherein,buyerunderstandsthatthisAgreementmustbe1approvedandratifiedbytheEagleCountyHousingandDevelopmentAuthorityBoardofCommissionersataregularlyscheduledandpublicmeetingSellershallimmediatelyschedule;::saidpublicmeetingandthisAgreementwillbecomeeffectiveuponBoardofCommissioner11132affirmativemotiononthesame.31.ATTACHMENTS.115531.1.ThefollowingattachmentsareapartofthisContract:1‘SourceofWaterAddendumtoContracttoBuyandSellRealEstate,ClosingInstructions,SquareFootageDisclosure31.2.ThefollowingdisclosureformsareattachedbutarenotapartofthisContract:n/aISIGNATURESICBSI-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage14of]6Buyer(s)Initials__________________________________________________Seller(s)Initials__________________________________________________ClMcContracts.corn-©2013CTMSoftwareCorp. Ca,%c’&frz______Date:12/9/2013I1/jBuyer:CariesRodriguezAddress:P.O.Box5012EagleCO816311Phone:(970)343-9719Fax:;mElectronicAddress:marinagonzalez14yahoo.comI791821104Na,traoap&z__________Date:12/9/2073IooBuyer:MarinaRodrigueziAddress:P.O.Box5072EagleCO81631Phone:(970)390-3472Fax:I14ElectronicAddress:marinagonzalez14yahoo.com19%1198Ioo[NOTE:Ifthisofferisbeingcounteredorrejected,donotsignthisdocument.Referto§32]121)0121111202.—•Date:12/9/20131200Seller:EagleCountyHousingandDevelopmentAuthorityBy:JillRyan,Commissioner1211Address:25MillLoft,Suite200EdwardsCO8163212t221%Phone:Fax:14ElectronicAddress:12I32COUNTERREJECTIONThisofferisCountiredERejected.219Initialsonlyofparty(BuyerorSeller)whocounteredorrejectedoffer122012211222.ENDOFCONTRACTTOBUYANDSELLREALESTATE122%122722%122)33.BROKER’SACKNOWLEDGMENTSANDCOMPENSATIONDISCLOSURE.(TobecompletedbyBrokerworkingwithBuyer)BrokerDoesEDoesNotacknowledgereceiptofEarnestMoneydepositand,whilenotapartytotheContract,agreestocooperateuponrequestwithanymediationconcludedunder§23.BrokeragreesthatifBrokerageFirmistheEarnestMoneyHolderand,exceptasprovidedin§24,iftheEarnestMoneyhasnotalreadybeenreturnedfollowingreceiptofaNoticetoTerminateorotherwrittennoticeoftermination,EarnestMoneyHoldershallreleasetheEarnestMoneyasdirectedbythewrittenmutualinstructions.SuchreleaseofEarnestMoneyshallbemadewithinfivedaysofEarnestMoneyHolder’sreceiptoftheexecutedwrittenmutualinstructions,providedtheEarnestMoneycheckhascleared.BrokerisworkingwithBuyerasaBuyer’sAgentESeller’sAgentETransaction-Brokerinthistransaction.ElThisisaChangeofStatus.BrokerageFirm’scompensationorcommissionistobepaidbyListingBrokerageFirmCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage15of16Buyer(s)Initials____________________________________________Seller(s)Initials____________________________________________ClMeContracts.com-©2013CTMSoftwareCorp. LIBuyerLIOthern/aBrokerageFirm’sName:TheValleyHomeStorebDate:12/9/2073Broker’sName:KimberlyB.WilliamsAddress:25MiiiLoftSuite200Edwards,CO81632Ph:970-328-8776Fax:866-611-7237Email:kwiIIiamsvalIeyhomestore.org34.BROKER’SACKNOWLEDGMENTSANDCOMPENSATIONDISCLOSURE.(TobecompletedbyBrokerworkingwithSeller)BrokerDoesLIDoesNotacknowledgereceiptofEarnestMoneydepositand,whilenotapartytotheContract,agreestocooperateuponrequestwithanymediationconcludedunder§23.BrokeragreesthatifBrokerageFirmistheEarnestMoneyHolderand,exceptasprovidedin§24,iftheEarnestMoneyhasnotalreadybeenreturnedfollowingreceiptofaNoticetoTerminateorotherwrittennoticeoftermination,EarnestMoneyHoldershallreleasetheEarnestMoneyasdirectedbythewrittenmutualinstructions.SuchreleaseofEarnestMoneyshallbemadewithinfivedaysofEarnestMoneyHolder’sreceiptoftheexecutedwrittenmutualinstructions,providedtheEarnestMoneycheckhascleared.BrokerisworkingwiththeSellerasaSeller’sAgentLIBuyer’sAgentLITransaction-Brokerinthistransaction.LIThisisaChangeofStatus.BrokerageFirm’scompensationorcommissionistobepaidbySellerLIBuyerLIOthern/aBrokerageFirm’sName:TheValleyHomeStoreIAIBrokers‘/Name/Date:72/9/2013KimberlyWilliamsAddress:25MIllLoftSuite200Edwards,CO81632Ph:970-328-8776Fax:866-611-7237Email:kwilliams@valleyhomestore.orgCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE(RESIDENTIAL)CIMeCofl!.roctsc)2012CTMSoFtwareCorp.CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage16of16Buyer(s)Initials____________________________________________Seller(s)Initials______________CTMcContracts.corn-©2013CTMSoliwareCorp. TheValleyHomeStoreTheKimberlyB.WilliamsValleyHomeStorePh:970-328-8776Fax:866-611-7237ITheprintedportionsofthisform,exceptdifferentiatedadditions,havebeenapprovedbytheColoradoReallEstateCommission.(SF94-5-04)SQUAREFOOTAGEDISCLOSUREThisdisclosureismadetoBuyerandSellerpursuanttotherequirementsofColoradoRealEstateCommissionandappliestoimprovedresidentialrealestate.PropertyAddress:927SecondSt.EagleCO816371.LicenseeMeasurementListingLicenseeLIHasHasNotmeasuredthesquarefootageoftheresidenceaccordingtothefollowingstandard,methodologyormanner:Standard/Methodology/MannerDateMeasuredSquareFootageLIExteriormeasurementn/an/aLIFHAn/an/aLIANSIn/an/aLILocalstandardn/an/an/aLIOthern/an/an/a2.OtherSourceofMeasurement:ListingLicenseeisLIisNotprovidinginformationonsquarefootageoftheresidencefromanothersource(s)asindicatedbelow:SourceofSquareFootageInformationDateSquareFootageLIPriorappraisal(Dateofdocument)n/an/aLIBuildingplans(Dateofdocument)n/an/aAssessor’soffice(Dateofdocument)11/20137560LIOthern/an/an/aMeasurementisforthepurposeofmarketing,maynotbeexactandisnotforloan,valuationorotherpurpose.Ifexactsquarefootageisaconcern,thepropertyshouldbeindependentlymeasured.BuyerandSellerareadvisedtoverifythisinformation.AnyindependentmeasurementorinvestigationshouldbecompletedonorbeforetheInspectionObjectionDeadlineofthecontract.ttle%Mas’Date:72/9/2073ListingLicensee:KimberlyWilliamsTheundersignedacknowledgereceiptofthisdisclosure.—----‘)7[/2-Date:12/9/2013Seller:EagleCountyHousingandDevelopmentAuthorityBy:JillRyan,CommissionerSeller:__________________________________________________________Date:SF94-5-04.SQUAREFOOTAGEDISCLOSUREPage1of2CTMeContracs.com-©2013CTMSoftwareCorp. Ca,’h’kiaa&z______Date:12/9/2013Buyer:CarlosRodriguezA1a,&raka&z______Date:12/9/2013Buyer:MarinaRodriguezSF94-5—04SQUAREFOOTAGEDISCLOSURE(FMeContorisC2012(.:IMSoftwareCorp.SF94-5-04.SQUAREFOOTAGEDISCLOSUREPage2of2ClMcContracts.com-©203CTMSoftwareCorp. TheValleyHomeStoreTheKimberlyB.WilliamsValleyHomeStorePh:970-328-8776Fax:866-611-72371Theprintedportionsofthisform,exceptdifferentiatedadditions,havebeenapprovedbytheColoradoReallEstateCommission(SWA35-8-10)(Mandatory1-11)23THISFORMHASIMPORTANTLEGALCONSEQUENCESANDTHEPARTIESSHOULDCONSULT4LEGALANDTAXOROTHERCOUNSELBEFORESIGNING.56SOURCEOFWATERADDENDUMTOCONTRACTTOBUYANDSELLREALESTATE78Date:12/9/20139101.ADDENDUMTOCONTRACTTOBUYANDSELLREALESTATE.ThisSourceofWater11Addendum(Addendum)ismadeapartofthatContracttoBuyandSellRealEstatebetweenSeller12andBuyerdated12/9/2013(Contract),forthepurchaseandsaleofthePropertyknownasNo.13927SecondSt.EagleCO8163114152.SOURCEOFPOTABLEWATER.Sellerdisclosesthefollowinginformationforthesourceof16potablewaterfortheProperty:1718[Selectandcomplete1,2or3asapplicable.11920LI2.1TheProperty’ssourceofwaterisaWell.WellPermit#:_____________________21IfawellisthesourceofwaterfortheProperty,acopyofthecurrentWellPermit22LIIsLIIsNotattached.2324LI2.2TheWaterProviderforthePropertycanbecontactedat:25Name:TownofEagle26P0Box609/200BroadwayEagle,COAddress:8163127WebSite:http://www.townofeagle.org/28PhoneNo.:970-328-63542930LI2.3ThereisneitheraWellnoraWaterProviderfortheProperty.Thesourceofwater31forthePropertyis[describesource]:3233NOTETOBUYER:SOMEWATERPROVIDERSRELY,TOVARYINGDEGREESON34NONRENEWABLEGROUNDWATER.YOUMAYWISHTOCONTACTYOURPROVIDER(OR35INVESTIGATETHEDESCRIBEDSOURCE)TODETERMINETHELONG-TERMSUFFICIENCYOF36THEPROVIDER’SWATERSUPPLIES.37A7)If’—\‘L_LQ38Date:12/9/2013Seller:EagleCountyHousingandDevelopmentAuthorityBy:JillRyan,Commissioner3940Seller:___________________________________________________________________Date:4142Coi’hs’aptc&z________Date:12/9/2013Buyer:CarlosRodriguez44SWA35-8-IO.SOURCEOfWATERADDENDUMTOCONTRACTTOBUYANDSELLREALESTATEPage1of2ClMeContracts.com-©20l3CIMSoftwareCorp. ,41ai’m’a,?d,a&ZDate:12/9/2013Buyer:MarinaRodriguezSWA35-8-1O.SOURCEOFWATERADDENDUMTOCONTRACTTOBUYANDSELLREALESTATE.CTMCcfl3cLs2C12CirlSuftw3reCor,SWA35-8-1OSOURCEOfWATERADDENDUMTOCONTRACTTOBUYANDSELLREALESTATEPaze2of2CTMcContracts.com-©2013CTMSoftwareCorp TheValleyHomeStore1TheKimberlyB.WilliamsValleyHomeStorePh:970-328-8776Fax:866-611-72372Theprintedportionsofthisform,exceptdifferentiatedadditions,havebeenapprovedbytheColoradoRealEstateCommission(CL8-9-12)(Mandatory1-13)34THISFORMHASIMPORTANTLEGALCONSEQUENCESANDTHEPARTIESSHOULDCONSULT5LEGALANDTAXOROTHERCOUNSELBEFORESIGNING.67CLOSINGINSTRUCTIONS$9Date:72/9/2073101.PARTIES,PROPERTY.EagleCountyHousingandDevelopmentAuthority,Seller,andiiCarlosRodriguezandMarinaRodriguez,Buyer,engageHeritageTitleCompany,ClosingCompany,whoagreestoprovide12closingandsettlementservicesinconnectionwiththeClosingofthetransactionforthesaleand13purchaseoftheProperty14knownasNo.927SecondSt.EagleCO8763115andmorefullydescribedintheContracttoBuyandSellRealEstate,dated72/9/2013including16anycounterproposalsandamendments(Contract).AlltermsoftheContractareincorporatedherein17byreference.IntheeventofanyconflictbetweenthisAgreementandtheContract,thisAgreement18shallcontrol,subjecttosubsequentamendmentstotheContractorthisAgreement.2.TITLECOMMITMENT,EXCEPTIONSANDPOLICY.ClosingCompanyAgreesElDoesNotagreethat:uponcompletionofasatisfactorytitlesearchandexamination,itwillfurnishaTitle21InsuranceCommitment;anditwillissueaTitleInsurancePolicyprovidedthatallrequirementshave22beenfulfilled.ClosingCompanyAgreesElDoesNotagreetofurnishcopiesofExceptions.23243.INFORMATION,PREPARATION,CLOSING,RECORDING.ClosingCompanyisauthorizedto25obtainanyinformationnecessaryfortheClosing.ClosingCompanyagreestoprepare(excludinglegal26documents),deliverandrecordalldocumentsrequitedorcustomarilyrecorded,anddisburseallfunds27pursuanttotheContractthatarenecessarytocarryoutthetermsandconditionsoftheContract.28294.CLOSINGFEE.ClosingCompanywillreceiveafeeof$365forprovidingclosingand30settlementservices(ClosingFee).31325.RELEASE,DISBURSEMENT.ClosingCompanyisnotauthorizedtoreleaseanysigneddocumentsorthingsofvaluepriortoreceiptanddisbursementofGoodFunds,exceptasprovidedin§§9,10and11.34356.DISBURSER.ClosingCompanyshalldisburseallfunds,includingtealestatecommissions,36exceptthosefundsasmaybeseparatelydisclosedinwritingtoBuyerandSellerbyClosing37CompanyorBuyer’slenderonorbeforeClosing.Allpartiesagreethatnooneotherthanthe38disbursercanassurethatpayoffofloansandotherdisbursementswillactuallybemade.39407.SELLER’SNETPROCEEDS.SellerwillreceivethenetproceedsofClosingasindicated:41ElCashier’sCheck,atSeller’sexpenseFundsElectronicallyTransferred(wiretransfer)42toanaccountspecifiedbySeller,atSellersexpenseElClosingCompany’strustaccountcheck.43448.CLOSINGSTATEMENT.ClosingCompanywillprepareanddeliveranaccurate,completeand45detailedclosingstatementtoBuyerandSellerattimeofClosing.46479.FAILUREOFCLOSING.IfClosingordisbursementdoesnotoccuronorbeforeClosingDate48setforthintheContract,ClosingCompany,exceptasprovidedherein,isauthorizedandagreesto49returnalldocuments,monies,andthingsofvaluetothedepositingparty,uponwhichClosing50Companywillberelievedfromanyfurtherduty,responsibilityorliabilityinconnectionwiththese51ClosingInstructions.Inaddition,anypromissorynote,deedoftrustorotherevidenceofindebtedness52signedbyBuyerwillbevoidedbyClosingCompany,withtheoriginalsreturnedtoBuyerandacopyCL8-9-12.CLOSINGINSTRUCTIONSPage1of4Buyer(s)Initials_________________________________________Seller(s)Initials_________________________________________CTMeContracts.com-©20l3CIMSoftwareCorp. 53toBuyerslender.545510.RETURNOFEARNESTMONEY.Exceptasotherwiseprovidedin§11,EarnestMoneyDispute,if56theEarnestMoneyhasnotalreadybeenreturnedfollowingreceiptofaNoticetoTerminateorother57writtennoticeoftermination,EarnestMoneyHoldershallreleasetheEarnestMoneyasdirectedby58thewrittenmutualinstructions.SuchreleaseofEarnestMoneyshallbemadewithinfivedaysof59EarnestMoneyHolder’sreceiptofthewrittenmutualinstructionssignedbybothBuyerandSeller,60providedtheEarnestMoneycheckhascleared.616211.EARNESTMONEYDISPUTE.IntheeventofanycontroversyregardingtheEarnestMoney(notwithstandinganyterminationoftheContract),EarnestMoneyHoldershallnotberequiredtotake63anyaction.EarnestMoneyHolder,atitsoptionandsolesubjectivediscretion,hasseveraloptions(1)64awaitanyproceeding,(2)interpleadallpartiesanddepositEarnestMoneyintoacourtofcompetent65jurisdictionandshallrecovercourtcostsandreasonableattorneyandlegalfees,or(3)provide66noticetoBuyerandSellerthatunlessEarnestMoneyHolderreceivesacopyoftheSummonsand67ComplaintorClaim(betweenBuyerandSeller)containingthecasenumberofthelawsuit(Lawsuit)68withinonehundredtwentydaysofEarnestMoneyHolder’snoticetotheparties,EarnestMoney69HoldershallbeauthorizedtoreturntheEarnestMoneytoBuyer.IntheeventEarnestMoneyHolder70doesreceiveacopyoftheLawsuit,andhasnotinterpledthemoniesatthetimeofanyOrder,Earnest71MoneyHoldershalldisbursetheEarnestMoneypursuanttotheOrderoftheCourt.727312.SUBSEQUENTAMENDMENTS.Anyamendmentsto,orterminationof,theseClosingInstructions74mustbeinwritingandsignedbyBuyer,SellerandClosingCompany.757613.CHANGEINOWNERSHIPOFWATERWELL.WithinsixtydaysafterClosing,ClosingCompany77shallsubmitanyrequiredChangeinOwnershipformorregistrationofexistingwellformtotheDivision78ofWaterResourcesintheDepartmentofNaturalResources(Division),withasmuchinformationasis79available,andtheDivisionshallberesponsibleforobtainingthenecessarywellregistrationinformation80directlyfromBuyer.ClosingCompanyshallnotbeliablefordelayingClosingtoensureBuyer81completesanyrequiredform.828314.WITHHOLDING.TheInternalRevenueServiceandtheColoradoDepartmentofRevenue84mayrequireClosingCompanytowithholdasubstantialportionoftheproceedsofthissalewhen85Selleriseitherofthefollowing(a)isaforeignpersonor(b)willnotbeaColoradoresidentafterClosing.SellershouldinquireofSeller’staxadvisortodetermineifwithholdingappliesorifanexemptionexists.868715.ADDITIONALPROVISIONS.(Thefollowingadditionalprovisionshavenotbeenapprovedbythe88ColoradoRealEstateCommission.)89n/a90916.COUNTERPARTS.Thisdocumentmaybeexecutedbyeachparty,separately,andwhen92eachpartyhasexecutedacopy,suchcopiestakentogethershallbedeemedtobeafulland93completecontractbetweentheparties.949517.BROKERSCOPIES.ClosingCompanyshallprovide,toeachbrokerinthistransaction,copies96ofallsigneddocumentsthatsuchbrokersarerequiredtomaintainpursuanttotherulesofthe97ColoradoRealEstateCommission.9818.NOTICE,DELIVERY,CHOICEOFLAW.18.1PhysicalDelivery.Exceptasprovidedin§18.2,allnoticesmustbeinwriting.100AnynoticeordocumenttoBuyeriseffectivewhenphysicallyreceivedbyBuyer,anyindividual101buyer,anyrepresentativeofBuyer,orBrokerageFirmofBrokerworkingwithBuyer.Anynoticeor102documenttoSellershallbeeffectivewhenphysicallyreceivedbySeller,anyindividualseller,any103representativeofSeller,orBrokerageFirmofBrokerworkingwithSeller.Anynoticeordocumentto104ClosingCompanyshallbeeffectivewhenphysicallyreceivedbyClosingCompany,anyindividualof105ClosingCompany,oranyrepresentativeofClosingCompany.10618.2ElectronicDelivery.Asanalternativetophysicaldelivery,anysigneddocumentand107writtennoticemaybedeliveredinelectronicformbythefollowingindicatedmethodsonly:108LIFacsimileE-mailLIInternetLINoElectronicDelivery..DocumentswithoriginalCL8-9-12.CLOSINGINSTRUCTIONSPage2of4Buyer(s)initials__________________________________________________Seller(s)initialsCTMcContracts.com-©2013CTMSoftwareCorp. 109originalsignaturesshallbeprovideduponrequestofanyparty.11018.3.ChoiceofLaw.Thiscontractandalldisputesarisinghereundershallbegoverned111byandconstruedinaccordancewiththelawsoftheStateofColoradothatwouldbeapplicableto112ColoradoresidentswhosignacontractinthisstateforpropertylocatedinColorado.113114115f7’ar&?Date:12/9/2013Buyer:CarlosRodriguez116Address:P.O.Box5012117Address:EagleCO81631118PhoneNo.:(970)343-9719119FaxNo.:120ElectronicAddress:marinagonzalez14@yahoo.com1211224fGi’/racZ%-t&?Date:12/9/2013Buyer:MarinaRodriguez123Address:P.O.Box5012124Address:EagleCO81631125PhoneNo.:(970)390-3472126FaxNo.:127ElectronicAddress:marinagonzalez14@yahoo.com1281291-Date:72/9/2013Seller:EagleCountyHousingandDevelopmentAuthorityBy:JillRyan,Commissioner130Address:25MillLoft,Suite200131Address:EdwardsCO81632132PhoneNo.:133FaxNo.:134ElectronicAddress:135136Seller:Date:_______________137138Address:139Address:140PhoneNo.:141FaxNo.:142ElectronicAddress:143144145ClosingCompany:HeritageTitleCompany146CL8-9-12.CLOSINGINSTRUCTIONSPage3of4Buyer(s)Initials____________________________________________Seller(s)InitialsClMcContracts.com-©203CIMSoftwareCorp. /147-J-LDate:72/9/2073By:SheilahGordon148AuthorizedSignatureTitle:______________________149Address:PDBox1980150City:Eagle,CO81631151PhoneNo.:970-328-5211152FaxNo.:866-828-9541153ElectronicAddress:sgordon@heritagetco.com154155(TOBECOMPLETEDONLYBYBROKERANDCLOSINGCOMPANY)156157KimberlyWilliams(Broker)LiWorkingwithSellerWorkingwithBuyer158engagesClosingCompanyasBroker’sscrivenertocomplete,forafeenottoexceed$5159atthesoleexpenseofBroker,thefollowinglegaldocuments:160161LiDeedLiBillofSaleLiColoradoRealEstateCommissionapprovedPromissory162NoteLiColoradoRealEstateCommissionapprovedDeedofTrust.ClosingCompanyagrees163toprepare,onbehalfofBroker,theindicatedlegaldocumentspursuanttothetermsandconditions164oftheContract.165166ThedocumentsstatedaboveshallbesubjecttoBroker’sreviewandapprovalandBroker167acknowledgesthatBrokerisresponsiblefortheaccuracyoftheabovedocuments.168169BrokerageBrokerFirm’sName:TheValleyHomeStore170Date:72/9/2013Broker:KimberlyWilliams171172ClosingCompany:HeritageTitleCompany173174____________________________________________________Date:By:SheilahGordon175AuthorizedSignatureTitle:______________________176177CLS-9-12.CLOSINGINSTRUCTIONSCMCoitr.ts.2012CTMCorp.CL8-9-l2.CLOSINGINSTRUCTIONS?age4of4Buyer(s)Initials____________________________________________Seller(s)InitialsClMeContracts.com-©2013CTMSoftwareCorp.