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Home My WebLink AboutC13-298 69 Marble F228 Contract to Buy and Sell(NC2TheValleyHomeStoreTheKimberlyB.WilliamsValleyHomeStorePh:970-328-8776Fax:866-611-7237theprintedportionsofthisform,exceptdifferentiatedadditions,havebeenapprovedbytheColoradoRealEstateICommission.fCBS-9-12)fMandatory1-13)10THISFORMHASIMPORTANTLEGALCONSEQUENCESANDTHEPARTIESSHOULDCONSULTLEGALANDTAXOROTHERCOUNSELBEFORESIGNING.134CONTRACTTOBUYANDSELLREALESTATE(RESIDENTIAL)Date:9130/2013:920_________________________IAGREEMENTI21.AGREEMENT.Buyer,identifiedin§2.1,agreestobuy,andSeller,identIfiedIn§2.3,agreestosell,thePropertydescribedbelowonthetermsandconditionssetforthinthiscontract(Contract).232.PARTIESANDPROPERTY.2.1.Buyer.Buyer,WendyButlerandLeeA.Butler,willtaketitletothePropertydescribedbelowasJointTenantsElTenantsInCommonElOthern/a2.2.AssIgnabilItyandInurement.ThisContractElShallShallNotbeassignablebyBuyerwithoutSeller’spriorwrittenconsent.Exceptassorestricted,thisContractshallinuretothebenefitofandbebindingupontheheirs,personalrepresentatives,successorsandassignsoftheparties.2.3.Seller.Seller,EagleCountyHousingandDevelopmentAuthority,IsthecurrentownerotthePropertydescribedbelow.412.4.Property.ThePropertyisthefollowinglegallydescribedrealestateintheCountyofEagle,Colorado:CONDOMINIUMUNIT228BUILDINGF,MILLERRANCHMILLLOFTS-PHASEV,ACCORDINGTOTHE,CONDOMINIUMMAPRECORDEDOCTOBER4,2005RECEPTIONNO.931855ANDASDESCRIBEDIN46CONDOMINIUMDECLARATIONRECORDEDMAY27,2004RECEPTIONNO.878618ANDSUPPLEMENTRECORDEDOCTOBER4,2005RECEPTIONNO.931857,COUNTYOFEAGLE,STATE49OFCOLORADOknownasNo.69MarbleUnitF228EdwardsCO81632,52togetherwiththeinterests,easements,rights,benefits,improvementsandattachedfixturesappurtenantthereto,53andallinterestofSellerinvacatedstreetsandalleysadjacentthereto,exceptashereinexcluded(Property).2.5.Inclusions.ThePurchasePriceincludesthefollowingitems(Inclusions):2.5.1.Fixtures,IfattachedtothePropertyonthedateofthisContract,thefollowingitemsareSiincludedunlessexcludedunderExclusions(2.6):lighting,heating,plumbing,ventilatingandairconditioningfixtures,P1antennas,insidetelephone,networkandcoaxial(cable)wiringandconnectingblocks/jacks,plants,mirrors,floorcoverings,Intercomsystems,built—inkitchenappliances,sprinklersystemsandcontrols,built—in61vacuumsystems(Includingaccessories),garagedooropenersincluding.__.remotecontrols.OtherFixtures:allkitchenappliances6lIfanyfixturesareattachedtothePropertyafterthedateofthisContract,suchadditionalfixturesarealsoincludedinthePurchasePrice.2.5.2.PersonalProperty.IfonthePropertywhetherattachedornotonthedateofthisContract,thefollowingitemsareincludedunlessexcludedunderExclusions(2.6):stormwindows,stormdoors,windowandporchshades,awnings,blinds,screens,windowcoverings,curtainrods,draperyrods,fireplaceinserts,fireplacescreens,firepTacegrates,heatingstoves,storagesheds,andallkeys.Ifchecked,thefollowingare72included:ElWaterSoftenersDSmokelFireDetectorsCarbonMonoxideAlarmsElSecurity.SystemsElSatelliteSystems(includingsatellitedishes).7sOtherPersonalProperty:9n/aThePersonalPropertytobeconveyedatClosingshallbeconveyedbySellerfreeandclearofall‘Qtaxes(exceptpersonalpropertytaxesfortheyearofClosing),liensandencumbrances,exceptn/a.Conveyanceshallbebybillofsaleorotherapplicabletegalinstrument.522.5.3.ParkingandStorageFacilities.0UseOnlyElOwnershipofthefollowingparkingfacilities:condoparkinglot;andElUseOnlyElOwnershipCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage1of16Buyer(s)Initials_____________________________________________Seller(s)Initials-CTMcContracts.com-©2013CTMSoftwarcCorp.tf;- Buyer(s)InitialsSeller(s)Initials—0ofthefollowingstoragefacilities:nonenoneQ2.5.4.WaterRights,WaterandSewerTaps.2.5.4.1.DeededWaterRights.Thefollowinglegallydescribedwaterrights:AnywaterrightsshallbeconveyedbyLIn/aDeedUOtherapplicablelegalinstrument.LI2.5.4.2.WellRights.IfanywaterwellistobetransferredtoBuyer.SelleragreestosupplyrequiredinformationaboutsuchwelltoBuyer.BuyerunderstandsthatifthewelltobetransferredisaSmallCapacityWelloraDomesticExemptWaterWellusedforordinaryhouseholdpurposes,Buyershall,priortooratClosing,completeaChangeinOwnershipformforthewell.IfanexistingwellhasnotbeenregisteredwiththeColoradoDivisionofWaterResourcesintheDepartmentofNaturalResources(Division),Buyershallcompletearegistrationofexistingwellformforthewellandpaythecostofregistration.Ifnopersonwillbeprovidingaclosingserviceinconnectionwiththetransaction,BuyershallfiletheformwiththeDivisionwithinsixtydaysafterClosing.TheWellPermit#isn/a2.5.4.3.UWaterStockCertificates:none2.5.4.4.UWaterTapUSewerTapNote:Buyerisadvisedtoobtain,fromtheprovider,writtenconfirmationoftheamountremainingtobepaid,ifany,timeandotherrestrictionsfortransferanduseofthetap.2.5.4.5.OtherRights:none3.2.6.Exclusions.Thefollowingitemsareexcluded(Exclusions):66876869909)9293349607Os99100101.10210iI()410310010/10810)110111112]131141:1511611?1111110120.12I12212312412912612?1.26120130]31132133134.1,331:161371.3813)149141Ill‘431,4411114914?144140150151152153154‘551551971561531hO1611621616.,lbS167163None23DATESANDDEADLINES.ItemNo.LReferenceEventDateorDeadline14.3AlternativeEarnestMoney_Deadlinen/a_TTitleandAssociation—RecordTitleDeadline10/9/2073—Wednesday7.5ExceptionsRequestDeadlinen/a1J8.1RecordTitleObjectionDeadline10/f6/2073Wednesday‘58.2Off-RecordTitleDeadline10/9/2013Wednesda6§8.2Off-RecordTitleObjectionDeadline—_______10/16/2013Wednesda’7§8.3TitleResolutionDeadline10/77/2073Thursday8§7.6AssociationDocumentsDeadlinen/a9§7.6AssociationDocumentspjectlonDeadline—n/a10§8.5RightofFirstRefusalDeadlinen/aseller’sPropertyDisclosure1110.1Seller’sPropertyDisclosureDeadlinen/aLoanandCredit12§&iLoanpptiopeadlipen/a—13§5.2LoanObjectionDeadline10/21/2013Monday14§5.3Buyer’sCreditInformationDeadlinen/a1553DisapprovalofBuyer’sCreditInformationn/aDeadline16§5.4—ExistingLoanDocumentsDeadlinen/a17§5.4ExistingLoanDocumentsObjectionDeadlinen/a18§5.4LoanTransferApprovalDeadline\ppraisal19§6.2Appraisal_Deadlinen/a20§6.2ppralsalObjectionDeadlinen/a21SurveyICurrentSurveyDeadlineCurrentSurveyObjectionDeadlinespectionandDueDiligenceCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-Residentialn/a___________n/aPage2ofl6CTMcContracts.com-©2013CTMSoftwarcCorp. 2312pectisnOechenDeadneZf’0I15I2O13]Thesday24i0.3lnspecuonResoftitionDeadhne10/17/2013LmursdayI7225W.5n/a________26I10.6_n/a______________i;s27-10.7-DueDilbenceDocumentsObjeceadlin/a_________28_____jjo.sConditionalSaleDeadline—____________—______________ClosingandPossession29§12.3Closin9Date_________—10/23/2013Wednesday1.Uponasuccessful30§17PossessionDatecloslnq____________31§17PossessionTime___________-—8:00AMMDT________sos§?!__AccepnceDeadilneDate______I’20i_Wednesday‘33§28_____—34n/a1n/a__________________________n/a________________—1132Note:ApplicabilityofTerms.Anybox,blankorlineinthisContractleftblankorcompletedwiththeabbreviationN/A”,orthewordDeleted”meanssuchprovisionInDatesandDeadlines(3),Includinganydeadline,Isnotapplicableandtheto;,correspondingprovisionofthisContracttowhichreferenceismadeisdeleted.101190TheabbreviationMEC”(mutualexecutionofthisContract)meansthedateuponwhichbothpartieshavesigned2013thisContract.2012137203Note:IfFHAorVAloanboxesarecheckedin§4.5.3(LoanLimitations),theAppraisalDeadline(3)doesNot3134applytoFHAInsuredorVAguaranteedloans.2052074.PURCHASEPRICEANDTERMS.4.1.PriceandTerms.ThePurchasePricesetforthbelowshallbepayableinU.S.DollarsbyBuyerasfollows:211ItemNo.ReferenceItem________AmountAmount14.1;PurchasePrice$199,000.00______________2142______4.3____fmestMoney____________________$2,000.0025634.5ewLoan_______________________$180,000.00446LssumptionBalance_________________________________215________§4.7SellerorPrivateFinancing______1___2227n/an/a_______________________4____hatçosh,____-2259_____TOTAL________________$199,000.00$199,ppppfiJ22134.2.SellerConcession.Seller,atClosing,shallcredit,asdirectedbyBuyer,anamountof$2200toassistwithanyorallofthefollowing:Buyer’sclosingcosts,loandiscountpoints,loanoriginationlees,prepaiditems(includinganyamountsthatSelleragreestopaybecauseBuyerisnotallowedto217payduetoFHA,CHFA,VA,etc.),andanyotherfee,cost,charge,expenseorexpenditurerelatedtoBuyer’sNew232LoanorotherallowableSellerconcession(collectively,SellerConcession).SellerConcessionisinadditiontoanysumSellerhasagreedtopayorcreditBuyerelsewhereinthisContract.SellerConcessionwillbereducedtothe23extentitexceedstheaggregateofwhatisallowedbyBuyer’slenderassetforthintheClosingStatement,ClosingDisclosureorHUD-1,atClosing.4.3.EarnestMoney.TheEarnestMoneysetforthinthissection,intheformof7’lCgoodfunds,shallbepayabletoandheldbyHeritageTitleCompany(EarnestMoneyHolder),initstrustaccount,onbehalfofbothSellerandBuyer.TheEarnestMoneydepositshallbetendered,byBuyer,withthisContractunlessthepartiesmutuallyagreetoanAlternativeEarnestMoney2l’iDeadline(3)foritspayment.ThepartiesauthorizedeliveryoftheEarnestMoneydeposittothecompanyconductingtheClosing(ClosingCompany),ifany,atorbeforeClosing.IntheeventEarnestMoneyHolderhasagreedtohaveinterestonEarnestMoneydepositstransferredtoafundestablishedforthepurposeofproviding2-ISaffordablehousingtoColoradoresidents,SellerandBuyeracknowledgeandagreethatanyinterestaccruingontheEarnestMoneydepositedwiththeEarnestMoneyHolderinthistransactionshallbetransferredtosuchfund.25;4.3.1.AlternativeEarnestMoneyDeadline.ThedeadlinefordeliveringtheEarnestCBSI-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage3of16Buyer(s)Initials_____________________________________________Seller(s)Initials—CTMeConiracts.com-©2013CTMSoftwareCorp. C)0212Money,ifotherthanatthetimeoftenderofthisContractisassetforthastheAlternativeEarnestMoneyDeadline(3).2554.3.2.ReturnofEarnestMoney.IfBuyerhasaRighttoTerminateandtimelyterminates,255BuyershallbeentitledtothereturnofEarnestMoneyasprovidedinthisContract.IfthisContractisterminatedassetforthin§25and,exceptasprovidedin§24,iftheEarnestMoneyhasnotalreadybeenreturnedfollowing25)receiptofaNoticetoTerminate,SelleragreestoexecuteandreturntoBuyerorBrokerworkingwithBuyer,260writtenmutualInstructions,i.e.,EarnestMoneyReleaseform,withinthreedaysofSeller’sreceiptofsuchform.4.4.FormofFunds;TimeofPayment;FundsAvailable.4.4.1.GoodFunds.AllamountspayablebythepartiesatClosing,includinganyloan264proceeds,CashatClosingandclosingcosts,shallbeinfundsthatcomplywithallapplicableColoradolaws,includingelectronictransferfunds,certifiedcheck,savingsandloanteller’scheckandcashier’scheck(Good)jj7Funds).2664.4.2.AvailableFunds.AllfundsrequiredtobepaidatClosingorasotherwiseagreedInwritingbetweenthepartiesshallbetimelypaidtoallowdisbursementbyClosingCompanyatClosingORSUCH271.PARTYSHALLBEINDEFAULT.BuyerrepresentsthatBuyer,asofthedateofthisContract,DDoes0Does272NothavefundsthatareimmediatelyverifiableandavailableinanamountnotlessthantheamountstatedasCashatClosingin§4.1.2754.5.NewLoan.4.5.1.BuyertoPayLoanCosts.Buyer,exceptasprovidedin§4.2,ifapplicable,shalltimelypay.sBuyer’sloancosts,loandiscountpoints,prepaiditemsandloanoriginationfees,asrequiredbylender.2794.5.2.BuyerMaySelectFinancing.BuyermaypayincashorselectfinancingappropriateandacceptabletoBuyer,includingadifferentloanthaninitiallysought,exceptasrestrictedin§4.5.3or§302%(AdditionalProvisions).4.5.3.LoanLimitations.BuyermaypurchasethePropertyusInganyofthefollowingtypesofloans:0ConventionalFHADVACBond0Othern/a,2854.5.4.GoodFaithEstimate—MonthlyPaymentandLoanCosts.Buyerisadvisedtoreviewthe287terms,conditionsandcostsofBuyer’sNewLoancarefully.IfBuyerisapplyingforaresidentialloan,thelendergenerallymustprovideBuyerwithagoodfaithestimateofBuyersclosingcostswithinthreedaysafterBuyer290completesaloanapplication.BuyershouldalsoobtainanestimateoftheamountofBuyersmonthlymortgagepayment.IttheNewLoanisunsatisfactorytoBuyer,BuyerhastheRighttoTerminateunder§25.1,onorbeforeLoanObjectionDeadline(3).2944.6.Assumption.(Omittedasinapplicable)2952952974.7.SellerorPrivateFinancing.(Omittedasinapplicable)208209300ITRANSACTIONPROVISIONSI3013025.FINANCINGCONDITIONSANDOBLIGATIONS.5.1.LoanApplication.IfBuyeristopayallorpartofthePurchasePricebyobtainingoneormorenew305loans(NewLoan),orifanexistingloanisnottobereleasedatClosing,Buyer,ifrequiredbysuchlender,shallmakeanapplicationverifiablebysuchlender,onorbeforeLoanApplicationDeadline(3)andexercisereasonableeffortstoobtainsuchloanorapproval.3o95.2.LoanObjection.IfBuyeristopayallorpartofthePurchasePricewithaNewLoan,thisContractisconditionaluponBuyerdetermining,inBuyer’ssolesubjectivediscretion,whethertheNewLoanissatisfactorytoBuyer,includingitsavailability,payments,interestrate,terms,conditions,andcostofsuchNewLoan.This313conditionisforthesolebenefitofBuyer.BuyerhastheRighttoTerminateunder§25.1,onorbeforeLoanObjectionDeadline(3),ittheNewLoanisnotsatisfactorytoBuyer,inBuyer’ssolesubjectivediscretion.IFSELLERDOESNOTTIMELYRECEIVEWRITTENNOTICETOTERMINATE,BUYER’SEARNESTMONEY317SHALLBENONREFUNDABLE,exceptasotherwiseprovidedinthisContract(e.g.,Appraisal,Title,Survey).5.3.CreditInformationandBuyer’sNewSeniorLoan.(Omittedasinapplicable)3232i5.4.ExistingLoanReview.(Omittedasinapplicable)3233246.APPRAISALPROVISIONS.6.1.LenderPropertyRequirements.Ifthelenderimposesanyrequirementsorrepairs(Requirements)337tobemadetotheProperty(e.g.,rootrepair,repainting),beyondthosemattersalreadyagreedtobySellerinthis328Contract,SellerhastheRighttoTerminateunder§25.1,(notwithstanding§10ofthisContract),onorbeforethreedaysfollowingSeller’sreceiptoftheRequirements,basedonanyunsatisfactoryRequirements,inSeller’ssolesubjectivediscretion.Seller’sRighttoTerminateinthis§6.1shallnotapplyif,onorbeforeanyterminationby532Sellerpursuanttothis§6.1:(1)thepartiesenterintoawrittenagreementregardingtheRequirements;or(2)theRequirementshavebeencompleted;or(3)thesatisfactionoftheRequirementsIswaivedinwritingbyBuyer.6.2.AppraisalCondition.TheapplicableAppraisalprovisionsetforthbelowshallapplytotheCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage4of16Buyer(s)Initials________________________________________________Seller(s)InitialsCTMcContracts.eom-©2013CTMSoftwarcCorp. 43respectiveloantypesetorthin§4.5.3,orifacashtransaction,i.e.nofinancing,§6.2.1shallapply.6.2.1.ConventlonallOther.BuyerhasthesoleoptionandelectiontoterminatethisContractiftheProperty’svaluation,determinedbyanappraiserengagedonbehalfofBuyerslenderislessthan343thePurchasePrice.TheappraisalshallbereceivedbyBuyerorBuyer’slenderonorbeforeAppraisalDeadline7...,f3).BuyerhastheRighttoTerminateunder§25.1,onorbeforeAppraisalObjectionDeadline(3),ifthe34.Property’svaluationislessthanthePurchasePriceandSeller’sreceiptofeitheracopyofsuchappraisalor4iwrittennoticefromlenderthatconfirmstheProperty’svaluationislessthanthePurchasePrice.This§6.2.1isforthesolebenefitofBuyer.:i’6.2.2.FRA.Itisexpresslyagreedthat,notwithstandinganyotherprovisionsofthisContract,5ithePurchaser(Buyer)shallnotbeobligatedtocompletethepurchaseofthePropertydescribedhereinortoincuranypenaltybyforfeitureofEarnestMoneydepositsorotherwiseunlessthePurchaser(Buyer)hasbeengiveninaccordancewithHUD/FHAorVArequirementsawrittenstatementissuedbytheFederalHousingCommissioner,332DepartmentofVeteransAffairs,oraDirectEndorsementlender,settingforththeappraisedvalueofthePropertyofnotlessthan$fl/a.ThePurchaser(Buyer)shallhavetheprivilegeandoptionofproceedingwiththeconsummationoftheContractwithoutregardtotheamountoftheappraisedvaluation.Theappraisedvaluationis35(arrivedattodeterminethemaximummortgagetheDepartmentofHousingandUrbanDevelopmentwillinsure.HUDdoesnotwarrantthevaluenortheconditionoftheProperty.ThePurchaser(Buyer)shouldsatisfy3ihimself/herselfthatthepriceandconditionofthePropertyareacceptable.36!’6.2.3.VA.Itisexpresslyagreedthat,notwithstandinganyotherprovisionsofthisContract,thepurchaser(Buyer)shallnotincuranypenaltybyforfeitureofEarnestMoneyorotherwiseorbeobligatedtocompletethepurchaseofthePropertydescribedherein,iftheContractPurchasePriceorcostexceedsthereasonablevalueofthePropertyestablishedbytheDepartmentofVeteransAffairs.ThePurchaser(Buyer)shall,.however,havetheprivilegeandoptionofproceedingwiththeconsummationofthisContractwithoutregardtothe367amountofthereasonablevalueestabtishedbytheDepartmentofVeteransAffairs.36136.3.CostofAppraisal.CostofanyappraisaltobeobtainedafterthedateofthisContractshallbetimelypaidbyBuyerElSeller.Thecostoftheappraisalmayincludeanyandallfeespaidtotheappraiser,:1appraisalmanagementcompany,lender’sagentorallthree.3727.EVIDENCEOFTITLEANDASSOCIATIONDOCUMENTS.37S7.1.SellerSelectsTitleInsuranceCompanyItthisboxIschecked,Sellershallselectthetitleinsurancecompanytofurnishtheowner’stitleinsurancepolicyatSeller’sexpense.OnorbeforeRecordTitleDeadline(3),SellershallfurnishtoBuyeracurrentcommitmentforowner’stitleInsurancepolicy(Title3Commitment),inanamountequaltothePurchasePrice,orifthisboxischeckedUanAbstractoftitlecertifiedtoacurrentdate.SellershallcausethetitleinsurancepolicytobeissuedanddeliveredtoBuyerassoonas3S%practicableatorafterClosing.7.2.ElBuyerSelectsTitleInsuranceCompany.Ifthisboxischecked,Buyershallselectthetitleinsurancecompanytofurnishtheowner’stitleinsurancepolicyatBuyer’sexpense.OnorbeforeRecordTitleDeadline(3),BuyershallfurnishtoSeller,acurrentcommitmentforowner’stitleinsurancepolicy(TitleCommitment),inanamountequaltothePurchasePrice.Ifneitherboxin§7.1or§7.2ischecked,§7.1applies.3907.3.Owner’sExtendedCoverage(OEC).TheTitleCommitmentShallElShallNotcommittodeleteorinsureoverthestandardexceptionswhichrelateto:(1)partiesinpossession,(2)unrecorded373easements,(3)surveymatters,(4)unrecordedmechanics’liens,(5)gapperiod(effectivedateofcommitmentto336datedeedisrecorded),and(6)unpaidtaxes,assessmentsandunredeemedtaxsalespriortotheyearofClosingfOEC).Note:Thetitleinsurancecompanymaynotagreetodeleteorinsureoveranyorallofthestandardexceptions.3367.3.1.PremIumforOEC.lfthetitleinsurancecompanyagreestoprovideanendorsementforOEC,anyadditionalpremiumexpensetoobtainanendorsementforOECshallbepaidbyElBuyerSellerUOne-HalfbyBuyerandOne-HalfbySellerElOther________________________________7.4.Buyer’sRighttoReviewTitleCommitmentandTitleDocuments.Buyerhastherightto‘reviewtheTitleCommitment,itsprovisionsandTifleDocuments(definedin§7.5),andifnotsatisfactorytoBuyer,.i05BuyermayexerciseBuyer’srightspursuantto§8.1.7.5.CopiesofExceptions.Unlesstheboxin§7.2Ischecked(BuyerSelectsTitleInsuranceCompany)onorbeforeRecordTitleDeadline(3),Seller,atSeller’sexpense,shallfurnishtoBuyerand404TheValleyHomeStore,(1)copiesofanyplats,dectatations,covenants,conditionsandrestrictionsburdeningtheProperty,and(2)ifaTitleCommitmentisrequiredtobefurnished,andifthisboxischeckedCopiesofanyOtherDocumentsfor,ifillegible,43.3summariesofsuchdocuments)listedinthescheduleofexceptions(Exceptions).Eveniftheboxisnotchecked,SellerhastheobligationtofurnishthesedocumentspursuanttothissectionifrequestedbyBuyeranytimeonor.beforeExceptionsRequestDeadline(3).Thisrequirementshallpertainonlytodocumentsasshownofrecord417intheofficeoftheclerkandrecorderinthecountywherethePropertyislocated.TheAbstractorTitleCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage5of16Buyer(s)Initials_____________________________________________Seller(s)Initials___________________CTMcContracts.com-©2013CTMSoftwareCorp. C)0Commitment,togetherwithanycopiesorsummariesofsuchdocumentsfurnishedpursuanttothissection,420constitutethetitledocuments(collectively,TitleDocuments).4217.5.1.ExistingAbstractsofTitle.SellershalldelivertoBuyercopiesofanyabstractsoftitlecoveringalloranyportionoftheProperty(Abstract)inSeller’spossessiononorbeforeRecordTitleDeadline(3).7.6.Homeowners’AssociationDocuments.Homeowners’AssociationDocuments(Association‘Documents)consistofthefollowing:7.6.1.AllHomeowners’Associationdeclarations,bylaws,operatingagreements,rulesand“29regulations,partywallagreements;7.6.2.Minutesofmostrecentannualowners’meeting;7.6.3.Minutesofanydirectors’ormanagers’meetingsduringthesix-monthperiod-135immediatelyprecedingthedateofthisContract,Ifnoneoftheprecedingminutesexist,thenthemostrecentminutes,ifany(7.6.1,7.6.2and7.6.3,collectively,GoverningDocuments).4307.6.4.Themostrecentfinancialdocumentswhichconsistof:(1)annualandmostrecent43balancesheet,(2)annualandmostrecentincomeandexpendituresstatement,(3)annualbudget,and4)reservestudy,ifany(collectively,FinancialDocuments).7.6.5.CommonInterestCommunityDisclosure.THEPROPERTYISLOCATEDWITHIN441ACOMMONINTERESTCOMMUNITYANDISSUBJECTTOTHEDECLARATIONFORSUCHCOMMUNITY.THEOWNEROFTHEPROPERTYWILLBEREQUIREDTOBEAMEMBEROFTHEOWNER’SASSOCIATIONFORTHECOMMUNITYANDWILLBESUBJECTTOTHEBYLAWSANDRULESANDREGULATIONSOFTHE445ASSOCIATION.THEDECLARATION,BYLAWS,ANDRULESANDREGULATIONSWILLIMPOSEFINANCIALOBLIGATIONSUPONTHEOWNEROFTHEPROPERTY,INCLUDINGANOBLIGATIONTOPAY440ASSESSMENTSOFTHEASSOCIATION.IFTHEOWNERDOESNOTPAYTHESEASSESSMENTS,THEioASSOCIATIONCOULDPLACEALIENONTHEPROPERTYANDPOSSIBLYSELLITTOPAYTHEDEBT.THEDECLARATION,BYLAWS,ANDRULESANDREGULATIONSOFTHECOMMUNITYMAYPROHIBITTHEOWNERFROMMAKINGCHANGESTOTHEPROPERTYWITHOUTANARCHITECTURALREVIEWBYTHE“53ASSOCIATION(ORACOMMITFEEOFTHEASSOCIATION)ANDTHEAPPROVALOFTHEASSOCIATION.‘‘PURCHASERSOFPROPERTYWITHINTHECOMMONINTERESTCOMMUNITYSHOULDINVESTIGATETHEFINANCIALOBLIGATIONSOFMEMBERSOFTHEASSOCIATION.PURCHASERSSHOULDCAREFULLYtsiREADTHEDECLARATIONFORTHECOMMUNITYANDTHEBYLAWSANDRULESANDREGULATIONSOFTHEASSOCIATION.7.6.6.AssociationDocumentstoBuyer.D7.6.6.1.SellertoProvideAssociationDocuments.SellershallcausetheAssociationDocumentstobeprovidedtoBuyer,atSeller’sexpense,onorbeforeAssociationDocumentsDeadline(3).7.6.6.2.SellerAuthorizesAssociation.SellerauthorizestheAssociationtoprovidetheAssociationDocumentstoBuyer,atSeller’sexpense.7.6.6.3.Seller’sObligation.Seller’sobligationtoprovidetheAssociationDocumentstcshallbefulfilleduponBuyer’sreceiptoftheAssociationDocuments,regardlessofwhoprovidessuchdocuments.40?Note:Ifneitherboxinthis§7.6.6ischecked,theprovisionsof§7.6.6.1shallapply.7.6.7.ConditionalonBuyer’sReview.BuyerhastherighttoreviewtheAssociation41%Documents.BuyerhastheRighttoTerminateunder§25,1,onorbeforeAssociationDocumentsObjection473Deadline(3),basedonanyunsatisfactoryprovisioninanyoftheAssociationDocuments,inBuyer’ssolesubjectivediscretion.ShouldBuyerreceivetheAssociationDocumentsafterAssociationDocumentsDeadline78(3),Buyer,atBuyer’soption,hastheRighttoTerminateunder§25.1byBuyer’sNoticetoTerminatereceived‘7bySelleronorbeforetendaysafterBuyer’sreceiptoftheAssociationDocuments,IfBuyerdoesnotreceivetheAssociationDocuments,orifBuyer’sNoticetoTerminatewouldotherwiseberequiredtobereceivedbySeller480afterClosingDate(3),Buyer’sNoticetoTerminateshallbereceivedbySelleronorbeforeClosing(12.3).If‘181SellerdoesnotreceiveBuyer’sNoticetoTerminatewithinsuchtime,BuyeracceptstheprovisionsoftheAssociationDocumentsassatisfactory,andBuyerwaivesanyRighttoTerminateunderthisprovision,484notwithstandingtheprovisionsof§8.5.4858.RECORDTITLEANDOFF—RECORDTITLE.8.1.RecordTitle.BuyerhastherighttoreviewandobjecttoanyoftheTitleDocuments(Rightto-IS?Object,Resolution)assetforthin§8.3.Buyer’sobjectionmaybebasedonanyunsatisfactoryformorcontentof?TitleCommitment,notwithstanding§13,oranyotherunsatisfactorytitlecondition,inBuyer’ssolesubjective492discretion,IfBuyerobjectstoanyoftheTitleDocuments,BuyershallcauseSellertoreceiveBuyer’sNoticetoTerminateorNoticeofTitleObjectiononorbeforeRecordTitleObjectionDeadline(3).IfTitleDocumentsarenotreceivedbyBuyer,onorbeforetheRecordTitleDeadline(3),orifthereisanendorsementtotheTitle456CommitmentthataddsanewExceptiontotitle,acopyofthenewExceptiontotitleandthemodifiedTitleCommitmentshallbedeliveredtoBuyer.BuyershallcauseSellertoreceiveBuyer’sNoticetoTerminateorNoticeofTitleObjectiononorbeforetendaysafterreceiptbyBuyerofthefollowingdocuments:(1)anyrequiredTitlescoDocumentnottimelyreceivedbyBuyer,(2)anychangetothe‘flUeDocuments,or(3)endorsementtotheTitleCBSI-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage6of16Buyer(s)Initials__________________________________________Seller(s)InitialsCTMeContracts.com-C)2013CTMSoftwareCorp. C.5°’Commitment.IfSellerreceivesBuyer’sNoticetoTerminateorNoticeofTitleObjection,pursuanttothis§8.1(RecordTitle),anytitleobjectionbyBuyerandthisContractshallbegovernedbytheprovisionssetforthin§8,3so.;(RighttoObjecttoTitle,Resolution).IfSellerdoesnotreceiveBuyer’sNoticetoTerminateorNoticeofTitle°°Objectionbytheapplicabledeadlinespecifiedabove,BuyeracceptstheconditionoftitleasdisclosedbytheTitleDocumentsassatisfactory.8.2.Off—RecordTitle.SellershalldelivertoBuyer,onorbeforeOff—RecordTitleDeadline(3),5°°truecopiesofallexistingsurveysinSeller’spossessionpertainingtothePropertyandshalldisclosetoBuyeralleasements,liens(including,withoutlimitation,governmentalimprovementsapproved,butnotyetinstalled)orotheri2titlematters(including,withoutlimitation,tightsoffirstrefusalandoptions)notshownbypublicrecords,ofwhichSeVerhasactualknowledge(Off-RecordMatters).BuyerhastherighttoinspectthePropertytoinvestigateifanythirdpartyhasanyrightInthePropertynotshownbypublicrecords(suchasanunrecordedeasement,15unrecordedlease,boundarylinediscrepancyorwaterrights).Buyer’sNoticetoTerminateorNoticeofTitle‘Objectionofanyunsatisfactorycondition(whetherdisclosedbySellerorrevealedbysuchinspection,notwithstanding§13),inBuyer’ssolesubjectivediscretion,shallbereceivedbySelleronorbeforeOff—RecordsTitleObjectionDeadline(3).IfSellerreceivesBuyer’sNoticetoTerminateorNoticeofTitleObjection521pursuanttothis§8.2(Off—RecordTitleMatters),anytitleobjectionbyBuyerandthisContractshallbegovernedbytheprovisionssetforthin§8.3(RighttoObject,Resolution).IfSellerdoesnotreceiveBuyer’sNoticeto21TerminateorNoticeofTitleObjection,onorbeforeOff—RecordTitleObjectionDeadline(3),Buyeraccepts523titlesubjecttosuchrights,ifany,ofthirdpartiesofwhichBuyerhasactualknowledge.Unlessdisclosedinwriting,SellerrepresentsandwarrantsthattherearenoOff-RecordMatters.5258.3.RighttoObjecttoTitle,Resolution.Buyer’srighttoobjecttoanytitlemattersshallinclude,but52’)notbelimitedtothosematterssetforthin§8.1(RecordTitleMatters),8.2(Off—RecordTitleMatters)and131’(TransferofTitle),inBuyer’ssolesubjectivediscretion(collectively,RighttoObjecttoTitle).IfBuyerobjectsto,‘;:;anytitlematter,onorbeforetheapplicabledeadline,Buyershallhavetheoptiontoeither(1)objecttothe33conditionoftitle,or(2)terminatethisContract.8.3.1.TItleResolution.IfSellerreceivesBuyer’sNoticeofTitleObjection,asprovidedin§8.1s3o(RecordTitle)or§8.2(Off—RecordTitle),onorbeforetheapplicabledeadline,andifBuyerandSellerhavenot5’agreedtoawrittensettlementthereofonorbeforeTitleResolutionDeadline(3),thisContractshallterminateontheexpirationofTitleResolutionDeadline(3),unlessSellerreceivesBuyer’swrittenwithdrawalofBuyer’ssoNoticeofTitleObjection,(i.e.,Buyer’swrittennoticetowaiveobjectiontosuchitemsandwaivestherighttoterminateforthatreason),onorbeforeexpirationofTitleResolutionDeadlinef3).8.3.2.RIghttoTerminate—TitleObjection.BuyerhastheRighttoTerminateunder§25.1,onsiiorbeforetheapplicabledeadline,basedonanyunsatisfactorytitlemailer,inBuyer’ssolesubjectivediscretion.8.4.SpecialTaxingDistricts.SPECIALTAXINGDISTRICTSMAYBESUBJECTTOGENERALOBLIGATIONINDEBTEDNESSTHATISPAIDBYREVENUESPRODUCEDFROMANNUALTAXLEVIESON546THETAXABLEPROPERTYWITHINSUCHDISTRICTS.PROPERTYOWNERSINSUCHDISTRICTSMAYBEPLACEDATRISKFORINCREASEDMILLLEVIESANDTAXTOSUPPORTTHESERVICINGOFSUCHDEBTWHERECIRCUMSTANCESARISERESULTINGINTHEINABILITYOFSUCHADISTRICTTODISCHARGEso.SUCHINDEBTEDNESSWITHOUTSUCHANINCREASEINMILLLEVIES.BUYERSSHOULDINVESTIGATE‘53THESPECIALTAXINGDISTRICTSINWHICHTHEPROPERTYISLOCATEDBYCONTACTINGTHECOUNTYjTREASURER,BYREVIEWINGTHECERTIFICATEOFTAXESDUEFORTHEPROPERTY,ANDBYsssOBTAININGFURTHERINFORMATIONFROMTHEBOARDOFCOUNTYCOMMISSIONERS,THECOUNTY55CLERKANDRECORDER,ORTHECOUNTYASSESSOR.BuyerhastheRighttoTerminateunder§25.1,onorbeforeOff—RecordTitleObjectionDeadline(3),sobasedonanyunsatisfactoryeffectofthePropertybeinglocatedwithinaspecialtaxingdistrict,InBuyer’ssoleC’subjectivediscretion.8.5.RightofFirstRefusalorContractApproval.IfthereisarightoffirstrefusalontheProperty,ora5o.;righttoapprovethisContract,SellershallpromptlysubmitthisContractaccordingtothetermsandconditionsofsuchright.IftheholderoftherightoffirstrefusalexercisessuchrightortheholderofarighttoapprovedisapprovesthisContract,thisContractshallterminate.Iftherightoffirstrefusaliswaivedexplicitlyorexpires,orsotheContractisapproved,thisContractshallremaininfullforceandeffect.SellershallpromptlynotifyBuyerin562writingoftheforegoing.IfexpirationorwaiveroftherightoffirstrefusalorContractapprovalhasnotoccurredonorbeforeRightofFirstRefusalDeadline(3),thisContractshallthenterminate,8.6.TItleAdvisory.TheTitleDocumentsaffectthetitle,ownershipanduseofthePropertyandshouldbe513reviewedcarefully.Additionally,othermattersnotreflectedintheTitleDocumentsmayaffectthetitle,ownershipanduseoftheProperty,including,withoutlimitation,boundarylinesandencroachments,area,zoning,unrecorded5seasementsandclaimsofeasements,leasesandotherunrecordedagreements,andvariouslawsand57governmentalregulationsconcerninglanduse,developmentandenvironmentalmailers.Thesurfaceestatemaybeownedseparatelyfromtheunderlyingmineralestate,andtransferofthesurfaceestatedoesnotsninecessarilyincludetransferofthemineralrightsorwaterrights.Thirdpartiesmayholdinterestsinoil,5S1gas,otherminerals,geothermalenergyorwateronorundertheProperty,whichinterestsmaygivethemrightstoenterandusetheProperty.Suchmattersmaybeexcludedfromornotcoveredbythetitleinsurancepolicy.BuyerisadvisedtotimelyconsultlegalcounselwithrespecttoallsuchmailersasthereareCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage?of16Buyer(s)Initials__________________________________________Seller(s)Initials__________________________________________CTMoContracts,com-©2013CTMSoflwareCorp. 585855S7583185S51235124595597aEl301502503COI‘30550350330?(33251101?Si?61•;C,I617O11262222162322.:52557752?62903363:63253363153563363763663?61964164264354464564564764361?651a2,1652653634655a_a7’6536591a1,11361(362to366466556500stricttimelimitsprovidedinthisContract[e.g.,RecordTitleObjectionDeadline(53)andOff—RecordTitleObjectionDeadline(53)J.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(53).TheCurrentSurveyshallbecertifiedbythesurveyortoallthosewhoaretoreceivetheCurrentSurvey.9.1.1.ImprovementLocationCertificate.Iftheboxinthis§9.1.1ischecked,ESellerDBuyershallorderorprovide,andpay,onorbeforeClosing,thecostofanImprovementLocationCertificate.9.1.2.OtherSurvey.Iftheboxinthis§9.1.2ischecked,aCurrentSurvey,otherthananImprovementLocationCertificate,shallbeanImprovementSurveyPlatn/a.ThepartiesagreethatpaymentofthecostoftheCurrentSurveyandobligationtoorderorprovidetheCurrentSurveyshallbeasfollows:n/a9.2.CurrentSurveyObjection.BuyerhastherighttoreviewandobjecttotheCurrentSurvey.BuyerhastheRighttoTerminateunder§25.1,onorbeforetheCurrentSurveyObjectionDeadline(53),iftheCurrentSurveyisnottimelyreceivedbyBuyerorbasedonanyunsatisfactorymailerwiththeCurrentSurvey,notwithstanding§8.2or§13.IDISCLOSURE,INSPECTIONANDDUEDILIGENCEI10.PROPERTYDISCLOSURE,INSPECTION,INDEMNITY,INSURABILITY,DUEDILIGENCE,BUYERDISCLOSUREANDSOURCEOFWATER.10.1.Seller’sPropertyDisclosure.OnorbeforeSeller’sPropertyDisclosureDeadline(53),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(53):10.2.1.NoticetoTerminate.NotifySellerInwritingthatthisContractIstermInated;or10.2.2.InspectionObjection.DelivertoSellerawrittendescriptionofanyunsatisfactoryphysicalconditionthatBuyerrequiresSellertocorrect.BuyerhastheRighttoTerminateunder§25.1,onorbeforeInspectionObjectionDeadline(53)ifthePropertyorInclusionsareunsatisfactory,inBuyer’ssolesubjectivediscretion.10.3.InspectionResolution.IfanInspectionObjectionisreceivedbySeller,onorbeforeInspectionObjectionDeadline(53),andifBuyerandSellerhavenotagreedinwritingtoasettlementthereofonorbeforeInspectionResolutionDeadline(53),thisContractshallterminateonInspectionResolutionDeadline(53)unlessSellerreceivesBuyer’swrittenwithdrawaloftheInspectionObjectionbeforesuchtermination,i.e.,onorbeforeexpirationofInspectionResolutionDeadline(53).10.4.Damage,LiensandIndemnity.Buyer,exceptasotherwiseprovidedinthisContractorotherwrittenagreementbetweentheparties,Isresponsibleforpaymentforallinspections,tests,surveys,engineeringreports,orotherreportsperformedatBuyer’srequest(Work)andshallpayforanydamagethatoccurstothePropertyandInclusionsasaresultofsuchWork.BuyershallnotpermitclaimsorliensofanykindagainstthePropertyforWorkperformedonthePropertyatBuyer’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,onorbeforePropertyInsuranceObjectionDeadline(53),basedonanyunsatisfactoryprovisionofthePropertyCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage8of16Buyer(s)Initials__________________________________________Seller(s)Initials_____________CTMcContracts.com-©2013CTMSoftwareCorp. CInsurance,inBuyerssolesubjectivediscretion.10.6.DueDiligenceDocuments.SelleragreestodelivercopiesofthefollowingdocumentsandoinformationpertainingtotheProperty(DueDiligenceDocuments)toBuyeronorbeforeDueDiligenceDocumentsDeliveryDeadline(3):10.6.1.Allcurrentleases,includinganyamendmentsorotheroccupancyagreements,pertaining3.4totheProperty,ifany(Leases).10.6.2.Otherdocumentsandinformation:None10.7.DueDiligenceDocumentsConditions.BuyerhastherighttoreviewandobjecttoDuef(JDiligenceDocuments,inBuyer’ssolesubjectivediscretion,andhastherighttoobjectifSellerfailstodelivertoGS1BuyerallDueDiligenceDocuments.Buyershallalsohavetheunilateralrighttowaiveanyconditionherein.10.7.1.DueDiligenceDocumentsObjection.BuyerhastheRighttoTerminateunder§25.1onorbeforeDueDiligenceDocumentsObjectionDeadline(3),basedonanyunsatisfactorymatterwiththe085DueDiligenceDocuments,inBuyer’ssolesubjectivediscretion.IfallDueDiligenceDocumentsunder§10.6arenotreceivedbyBuyeronorbeforeDueDiligenceDocumentsDeliveryDeadline(3),thenBuyerhasthec)oRighttoTerminateunder§25.1,onorbeforetheearlieroftendaysafterDueDiligenceDocumentsObjection;1’)Deadline(S3)orClosing.10.8.ConditionalUponSaleofProperty.ThisContractisconditionaluponthesaleandclosingofcthatcertainpropertyownedbyBuyerandcommonlyknownasn/a93Buyer,hastheRighttoTerminateunder§25.1byBuyer’sNoticetoTerminatereceivedbySelleronorbeforeConditionalSaleDeadline(53)ifsuchpropertyisnotsoldandclosedbysuchdeadline.This§10.8isfortheoosolebenefitofBuyer,.IfSellerdoesnotreceiveBuyer’sNoticetoTerminateonorbeforeConditionalSale‘%“Deadline(53),BuyerwaivesanyRighttoTerminateunderthisprovision.10.9.SourceofPotableWater(ResidentialLandandResidentialImprovementsOnly).BuyerooDoesLIDoesNotacknowledgereceiptofacopyofSeller’sPropertyDisclosureorSourceofWaterAddendumdisclosingthesourceofpotablewaterfortheProperty.BuyerDDoesDoesNotacknowledgereceiptofacopyofthecurrentwellpermit.ThereIsNoWell.NotetoBuyer:SOMEWATERPROVIDERSRELY,TOVARYINGDEGREES,ONNONRENEWABLEGROUNDWATER.YOUMAYWISHTOCONTACTYOURPROVIDER(ORINVESTIGATETHEDESCRIBEDSOURCE)TODETERMINETHELONG—71TERMSUFFICIENCYOFTHEPROVIDER’SWATERSUPPLIES.fl$10.10.CarbonMonoxideAlarms.Note:IftheimprovementsonthePropertyhaveafuel—firedheaterorappliance,afireplace,oranattachedgarageandincludeoneormoreroomslawfullyusedforsleepingpurposes(Bedroom),thepartiesacknowledgethatColoradolawrequiresthatSellerassurethePropertyhasan.operationalcarbonmonoxidealarminstalledwithinfifteenfeetoftheentrancetoeachBedroomorinalocationasrequiredbytheapplicablebuildingcode.1110.11.Lead—BasedPaint.Unlessexempt,iftheimprovementsonthePropertyincludeoneor71moreresidentialdwellingsforwhichabuildingpermitwasissuedpriortoJanuary1,1978,thisContractshallbevoidunless(1)acompletedLead—BasedPaintDisclosure(Sales)formissignedbySeller,therequiredrealestatelicenseesandBuyer,and(2)Sellerreceivesthecompletedandfullyexecutedformpriortothetimewhen‘2CthisContractissignedbyallparties.BuyeracknowledgestimelyreceiptofacompletedLead—BasedPaintDisclosure(Sales)formsignedbySellerandtherealestatelicensees.72310.12.MethamphetamineDisclosure.IfSellerknowsthatmethamphetaminewasever72manufactured,processed,cooked,disposedof,usedorstoredattheProperty,Sellerisrequiredtodisclosesuchfact.NodisclosureisrequiredifthePropertywasremediatedinaccordancewithstatestandardsandother;‘requirementsarefulfilledpursuantto§25—18.5—102,C.R.S.BuyerfurtheracknowledgesthatBuyerhasthe72RtighttoengageacertifiedhygienistorindustrialhygienisttotestwhetherthePropertyhaseverbeenusedasamethamphetaminelaboratory.BuyerhastheRighttoTerminateunder§25.1,uponSeller’sreceiptofBuyer’s,;writtenNoticetoTerminate,notwithstandinganyotherprovisionofthisContract,basedonBuyer’stestresults32thatindicatethePropertyhasbeencontaminatedwithmethamphetamine,buthasnotbeenremediatedtomeetthestandardsestablishedbyrulesoftheStateBoardofHealthpromulgatedpursuantto§25—18.5—102,C.R.S.BuyershallpromptlygivewrittennoticetoSelleroftheresultsofthetest.11.COLORADOFORECLOSUREPROTECTIONACT.TheColoradoForeclosureProtectionAct(Act)jqgenerallyappliesif:(1)thePropertyisresidential,(2)SellerresidesinthePropertyasSeller’sprincipalresidence,40(3)BuyerspurposeinpurchaseofthePropertyisnottousethePropertyasBuyerspersonalresidence,and(4)thePropertyisinforeclosureorBuyerhasnoticethaianyloansecuredbythePropertyisatleastthirtydaysdelinquentorindefault.IfthetransactionisaShortSaletransactionandaShortSaleAddendumispartofthis744Contract,theActdoesnotapply.Eachpartyisfurtheradvisedtoconsultanattorney.ICLOSINGPROVISIONSI75012.CLOSINGDOCUMENTS,INSTRUCTIONSANDCLOSING.CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage9of16Buyer(s)Initials_____________________________________________Seller(s)Initials______________CTMcContracts.com-©2013CTMSoftwareCorp. 0012.1.ClosingDocumentsandClosingInformation.SellerandBuyershallcooperatewiththeClosing73CompanytoenabletheClosingCompanytoprepareanddeliverdocumentsrequiredforClosingtoBuyerand754Sellerandtheirdesignees.IfBuyerisobtaininganewloantopurchasetheProperty,BuyeracknowledgesBuyer’slendershallberequiredtoprovidetheClosingCompanyinatimelymannerallrequiredtoandocuments757andfinancialinformationconcerningBuyer’snewloan.BuyerandSellerwillfurnishanyadditionalinformationand‘documentsrequiredbyClosingCompanythatwillbenecessarytocompletethistransaction.BuyerandSellershallsignandcompleteallcustomaryorreasonablyrequireddocumentsatorbeforeClosing.12.2.ClosingInstructions.ColoradoRealEstateCommission’sClosingInstructionsDAreElAteNot762executedwiththisContract.Uponmutualexecution,SellerElBuyershalldeliversuchClosingInstructionstotheClosingCompany.12.3.Closing.DeliveryofdeedfromSellertoBuyershallbeatclosing(Closing).Closingshallbeonthe7(6datespecifiedastheClosingDate(3)orbymutualagreementatanearlierdate.ThehourandplaceofClosingshallbeasdesignatedbybuyer&SellerwiTitleCompany7912.4.DisclosureofSettlementCosts.BuyerandSelleracknowledgethatcosts,quality,andextentotservicevarybetweendifferentsettlementserviceproviders(e.g.,attorneys,lenders,inspectorsandtitle772companies)./7313.TRANSFEROFTITLE.SubjecttotenderofpaymentatClosingasrequiredhereinandcompliancebyBuyerwiththeothertermsandprovisionshereof,Sellershallexecuteanddeliveragoodandsufficient777generalwarrantydeedtoBuyer,atClosing,conveyingthePropertyfreeandcleatofalltaxesexceptthegeneraltaxeslottheyearofClosing.Exceptasprovidedherein,Utleshallbeconveyedfreeandclearofallliens,includinganygovernmentalliensforspecialImprovementsinstalledasofthedateofBuyer’ssignature781hereon,whetherassessedornot.Titleshallbeconveyedsubjectto:13.1.ThosespecificExceptionsdescribedbyreferencetorecordeddocumentsasreflectedinthe784TitleDocumentsacceptedbyBuyerinaccordancewithRecordTitle(8.1),78513.2.Distributionutilityeasements(includingcableTV),13.3.Thosespecificallydescribedrightsofthirdpartiesnotshownbythepublicrecordsofwhich786BuyerhasactualknowledgeandwhichwereacceptedbyBuyerinaccordancewithOff-RecordTitle(8,2)andCurrentSurveyReview(9),7913.4.InclusionofthePropertywithinanyspecialtaxingdistrict,and13.5.Othern/a,6,79514.PAYMENTOFENCUMBRANCES.AnyencumbrancerequiredtobepaidshallbepaidatorbeforeClosingfromtheproceedsofthistransactionorfromanyothersource.79815.CLOSINGCOSTS,CLOSINGFEE,ASSOCIATIONFEESANDTAXES.15.7.ClosingCosts.BuyerandSellershallpay,inGoodFunds,theirrespectiveclosingcostsand80ZallotheritemsrequiredtobepaidatClosing,exceptasotherwiseprovidedherein.15.2.ClosinServicesFee.ThefeeforrealestateclosingservicesshallbepaidatClosingbyElBuyerElSellerOne-HalfbyBuyerandOne-HalfbySeller05Elotjiern/a60715.3.StatusLetterandRecordChangeFees.AnyfeesincidenttotheIssuanceofAssociation’s600statementofassessments(StatusLetter)shallbepaidbyElBuyerSellerDOne-HalfbyBuyerandOne-HalfbySeller.ElNone.AnyrecordchangefeeassessedbytheAssociationincluding,butnotlimitedto,Ft2ownershiprecordtransferfeesregardlessofnameortitleofsuchlee(Association’sRecordChangeFee)shallbe3paidbyElBuyerSellerElOne-HalfbyBuyerandOne-HalfbySellerElNone.See§15.5forPrivateTransferFees.51515.4.LocalTransferTax.ElTheLocalTransferTaxof0%ofthePurchasePriceshaltbepaidatClosingbyElBuyerElSellerElOne-HalfbyBuyerandOne-HalfbySeller.None.oic-i15.5.PrivateTransferFee.PrivatetransferfeesandotherfeesduetoatransferoftheProperty,820payableatClosing,suchascommunityassociationfees,developerfeesandfoundationfees,shallbepaidatClosingbyElBuyerElsellerElOne-HaltbyBuyerandOne-HalfbySellerNone.ThePrivateTransferfee,82’whetheroneormore,isforthefollowingassociation(s):__________________________________inthetotalamountof______%ofthePurchasePriceor$____________15.6.WaterTransferFees.TheWaterTransferFeescanchange.Thefees,asofthedateofthis027Contract,donotexceed:$____________forElWaterStock!CertificatesElWaterDistrictoo$___________forElAugmentationMembershipElSmallDomesticWaterCompanyEl_________________andmustbepaidatClosingbyElBuyerElSellerElOne-HalfbyBuyerandOne-HalfbySellerNone.15.7.SalesandUseTax.Anysalesandusetaxthatmayaccruebecauseofthistransaction______shallbepaidwhenduebyElBuyerUSellerElOne-HalfbyBuyerandOne-HalfbySellersNone.CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage10of16Buyer(s)Initials__________________________________________Seller(s)Initials__________________________________________CTMeContracts.com-©2013CTMSoftwareCorp. CCs3716.PRORATIONS.ThefollowingshallbeproratedtoClosingDate(3),exceptasotherwiseprovided:16.1.Taxes.Personalpropertytaxes,ifany,specialtaxingdistrictassessments,ifany,andgeneralrealestatetaxesfortheyearofClosing,basedonLITaxesfortheCalendarYearImmediatelyPrecedingClosing0MostRecentMillLevyandMostRecentAssessedValuation,adjustedbyanyapplicablequalifyingseniorspropertytaxexemption,qualifyingdisabledveteranexemptionorLIOthern/a16.2.Rents.RentsbasedonLIRentsActuallyReceivedLAccrued.AtClosing,SellershalltransferorcredittoBuyerthesecuritydepositsforallLeasesassigned,oranyremainderafterlawfuldeductions,ciandnotifyalltenantsinwritingofsuchtransferandofthetransferee’snameandaddress.SellershallassigntoBuyerallLeasesineffectatClosingandBuyershallassumeSellersobligationsundersuchLeases.16.3.AssociationAssessments.CurrentregularAssociationassessmentsanddues(Association852Assessments)paidinadvanceshallbecreditedtoSelleratClosing.CashreservesheldoutoftheregularAssociationAssessmentsfordeferredmaintenancebytheAssociationshallnotbecreditedtoSellerexceptasmaybeotherwiseprovidedbytheGoverningDocuments.BuyeracknowledgesthatBuyermaybeobligatedtopaytheAssociation,atCTosing,anamountforreservesorworkingcapital.AnysecialassessmentassessedpriortoClosingDatef3)bytheAssociationshallbetheobligationofLBuyereller.Excepthowever,anyspecialassessmentbytheAssociationforimprovementsthathavebeeninstalledasofthedateofBuyer’sOsignaturehereon,whetherassessedpriortoorafterClosing,shallbetheobligationofSeller.SellerrepresentsthattheAssociationAssessmentsarecurrentiypayableat$330permonthandthattherearenosunpaidregularorspecialassessmentsagainstthePropertyexceptthecurrentregularassessmentsandnone.3t’SuchassessmentsaresubjecttochangeasprovidedintheGoverningDocuments.SelleragreestopromptlyrequesttheAssodationtodelivertoBuyerbeforeClosingDate(3)acurrentStatusLetter.16.4.OtherProratIons.Waterandsewercharges,propane,Interestoncontinuingloan,andn/a.16.5.FinalSettlement.Unlessotherwiseagreedinwriting,theseprorationsshallbefinal.6017.POSSESSION,PossessionofthePropertyshallbedeliveredtoBuyeronPossessionDatef3)atPossessionTime(3),subjecttothefollowingLeasesortenancies:Uponasuccessfulclosinganddelive,yofdeedf7%IfSeller,afterClosing,failstodeliverpossessionasspecified,SellershallbesubjecttoevictionandshallbeadditionallyliabletoBuyerforpaymentof$100perday(oranypartofadaynotwithstandingg;s§18.1omPossessionDatef3)andPossessionTime(3)untilpossessionisdelivered.BuyerDoesLIDoesNotrepresentthatBuyerwilloccupythePropertyasBuyersprincipalresidence.ssNote:IfthepartiesagreetoexecuteaPost-ClosingOccupancyAgreement,thedocumentshouldappearinAttachmentsf31).ss______________________________dOGIGENERALPROVISIONSI58018.DAY;COMPUTATIONOFPERIODOFDAYS,DEADLINE.18.1.Day.AsusedinthisContract,thetermday”shallmeantheentiredayendingat11:59p.m.,UnitedStatesMountainTime(StandardorDaylightSavingsasapplicable).80318.2.ComputationofPeriodofDays,Deadline.Incomputingaperiodofdays,whentheendingdateisnotspecified,thefirstdayisexcludedandthelastdayIsincluded,e.g.,threedaysafterMEC.IfanydeadlinefallsonaSaturday,SundayorfederalorColoradostateholiday(Holiday),suchdeadline0ShallLIShallNotbeextendedtothenextdaythatisnotaSaturday,SundayorHoliday.Shouldneitherboxbechecked,thedeadlineshallnotbeextended.95‘05119.CAUSESOFLOSS,INSURANCE;DAMAGETOINCLUSIONSANDSERVICES;CONDEMNATION;ANDWALK—THROUGH.ExceptasotherwiseprovidedinthisContract,theProperty,Inclusionsorbothshallbeoc.deliveredintheconditionexistingasofthedateofthisContract,ordinarywearandtearexcepted.9O’19.1.CausesofLoss,Insurance.IntheeventthePropertyorinclusionsaredamagedbyfire,otherperilsorcausesoflosspriortoClosinginanamountofnotmorethantenpercentofthetotalPurchasePriceoon(PropertyDamage),SellershallbeobligatedtorepairthesamebeforeClosingDate(3).BuyerhastheRightto809Terminateunder§25.1,onorbeforeClosingDate(3),ifthePropertyDamageisnotrepairedbeforeClosingDate(3)orifthedamageexceedssuchsum.ShouldBuyerelecttocarryoutthisContractdespitesuch912PropertyDamage,BuyershallbeentitledtoacreditatClosingforallinsuranceproceedsthatwerereceivedby3Seller(butnottheAssociation,ifany)resultingfromsuchdamagetothePropertyandInclusions,plustheamountofanydeductibleprovidedforinsuchinsurancepolicy.SuchcreditwillnotexceedthePurchasePrice.IntheioeventSellerhasnotreceivedsuchinsuranceproceedspriortoClosing,thepartiesmayagreetoextendtheCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage11of16Buyer(s)Initials_____________________________________________Seller(s)Initials_____________________________________________CTMcContracts.com-©2013CTMSoftwareCorp. orreplacementofsuchInclusions.19.3.Condemnation.IntheeventSellerreceivesactualnoticepriortoClosingthatapendingcondemnationactionmayresultinatakingofallorpartofthePropertyorInclusions,SellershallpromptlynotifyBuyer,inwriting,ofsuchcondemnationaction.BuyerhastheRighttoTerminateunder§25.1,onorbeforeClosingDate(3),basedonsuchcondemnationaction,inBuyerssolesubjectivediscretion.ShouldBuyerelecttoconsummatethisContractdespitesuchdiminutionofvaluetothePropertyandInclusions,BuyershallbeentitledtoacreditatClosingforallcondemnationproceedsawardedtoSellerforthediminutioninthevalueofthePropertyorInclusionsbutsuchcreditshallnotincluderelocationbenefitsorexpenses,orexceedthePurchasePrice.19.4.Walk—ThroughandVerificationofCondition.Buyer,uponreasonablenotice,hastherighttowalkthroughthePropertypriortoClosingtoverifythatthephysicalconditionofthePropertyandInclusionscomplieswiththisContract.052953954955956957958959960962963951965961057966980979971072________________________9730149759759779’S9799950%:982do98492596598790%99099!95223.MEDIATION.IfadisputearisesrelatingtothisContract,priortoorafterClosing,andisnotresolved,the(5%partiesshallfirstproceedingoodfaithtosubmitthemattertomediation.MediationisaprocessInwhichthe906partiesmeetwithanimpartialpersonwhohelpstoresolvethedisputeinformallyandconfidentially.Mediatorscannotimposebindingdecisions.Thepartiestothedisputemustagree,inwriting,beforeanysettlementisbinding.Thepartieswilljointlyappointanacceptablemediatorandwillshareequallyinthecostofsuchicotmediation.Themediation,unlessotherwiseagreed,shallterminateintheeventtheentiredisputeisnotresolvedCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage12of16Buyer(s)Initials__________________________________________Seller(s)Initials__________________________________________o0ClosingDate(3)or,attheoptionofBuyer,SellershallassignsuchproceedsatClosing,pluscreditBuyertheamountofanydeductibleprovidedforinsuchinsurancepolicy,butnottoexceedthetotalPurchasePrice.19.2.Damage,InclusionsandServices.ShouldanyInclusionorservice(includingutilitiesandcommunicationservices),system,componentorfixtureoftheProperty(collectivelyService),e.g.,heatingorplumbing,failorbedamagedbetweenthedateofthisContractandClosingorpossession,whichevershallbeearlier,thenSellershallbeliablefortherepairorreplacementofsuchInclusionorServicewithaunitofsimilarsize,ageandquality,oranequivalentcredit,butonlytotheextentthatthemaintenanceorreplacementofsuchInclusionorServiceisnottheresponsibilityoftheAssociation,ifany,lessanyinsuranceproceedsreceivedbyBuyercoveringsuchrepairorreplacement.IfthefailedordamagedInclusionorServiceIsnotrepairedorreplacedonorbeforeClosingorpossession,whichevershallbeearlier,BuyerhastheRighttoTerminateunder§25.1,onorbeforeClosingDate(3),or,attheoptionofBuyer,BuyerwillbeentitledtoacreditatClosingfortherepairorreplacementofsuchInclusionorService.SuchcreditshallnotexceedthePurchasePrice.IfBuyerreceivessuchacredit,Seller’srightforanyclaimagainsttheAssociation,ifany,shallsurviveClosing.SellerandBuyerareawareoftheexistenceofpre—ownedhomewarrantyprogramsthatmaybepurchasedandmaycovertherepair9j79199199209?922023S92s92/92692!93°9393293393.935‘33693793893%9100410429430449459-1594791801905995-J20.RECOMMENDATIONOFLEGALANDTAXCOUNSEL.BysigningthisContract,BuyerandSelleracknowledgethattherespectivebrokerhasadvisedthatthisContracthasimportantlegalconsequencesandhasrecommendedtheexaminationoftitleandconsultationwithlegalandtaxorothercounselbeforesigningthisContract.21.TIMEOFESSENCE,DEFAULTANDREMEDIES.TimeisoftheessencehereofIfanynoteorcheckreceivedasEarnestMoneyhereunderoranyotherpaymentduehereunderisnotpaid,honoredortenderedwhendue,orifanyobligationhereunderisnotperformedorwaivedashereinprovided,thenon-defaultingpartyhasthefollowingremedies:21.1.IfBuyerisinDefault:Li21.1.1.SpecificPerformance.SellermayelecttotreatthisContractascanceled,inwhichcaseallEarnestMoney(whetherornotpaidbyBuyer)shallbepaidtoSellerandretainedbySeller;andSellermayrecoversuchdamagesasmaybeproper;orSellermayelecttotreatthisContractasbeinginfullforceandeffectandSellerhastherighttospecificperformanceordamages,orboth.21.1.2.LiquidatedDamages,Applicable.This§21.1.2shallapplyunlesstheboxin§21.1.1.ischecked.AllEarnestMoney(whetherornotpaidbyBuyer)shallbepaidtoSeller,andretainedbySeller.Bothpartiesshallthereafterbereleasedfromallobligationshereunder.ItisagreedthattheEarnestMoneyspecifiedin§4.1isLIQUIDATEDDAMAGES,andnotapenalty,whichamountthepartiesagreeisfairandreasonableand(exceptasprovidedin§10.4,22,23and24),saidpaymentofEarnestMoneyshallbeSELLER’SONLYREMEDYforBuyer’sfailuretoperformtheobligationsofthisContract.Sellerexpresslywaivestheremediesofspecificperformanceandadditionaldamages.21.2.IfSellerisinDefault:BuyermayelecttotreatthisContractascanceled,inwhichcaseallEarnestMoneyreceivedhereundershallbereturnedandBuyermayrecoversuchdamagesasmaybeproper,orBuyermayelecttotreatthisContractasbeinginfullforceandeffectandBuyerhastherighttospecificperformanceordamages,orboth.22.LEGALFEES,COSTANDEXPENSES.Anythingtothecontraryhereinnotwithstanding,intheeventofanyarbitrationorlitigationrelatingtothisContract,priortoorafterClosingDate(3),thearbitratororcourtshallawardtotheprevailingpartyallreasonablecostsandexpenses,includingattorneyfees,legalfeesandexpenses.CTMcContracts.com-©2013CTMSoftwareCorp. —Cwithinthirtydaysofthedatewrittennoticerequestingmediationisdeliveredbyonepartytotheotheratthe,party’slastknownaddress.ThissectionshallnotalteranydateinthisContract,unlessotherwiseagreed.103424.EARNESTMONEYDISPUTE.Exceptasotherwiseprovidedherein,EarnestMoneyHoldershallreleasetheEarnestMoneyasdirectedbywrittenmutualinstructions,signedbybothBuyerandSeller.Intheeventofanyic:controversyregardingtheEarnestMoney(notwithstandinganyterminationofthisContract),EarnestMoneyHoldershallnotberequiredtotakeanyaction.EarnestMoneyHolder,atitssolesubjectivediscretion,hasseveraloptions:(1)awaitanyproceeding,(2)interpleadallpartiesanddepositEarnestMoneyintoacourtof1012competentjurisdictionandshallrecovercourtcostsandreasonableattorneyandlegalfees,or(3)providenoticeto10BuyerandSellerthatunlessEarnestMoneyHolderreceivesacopyoftheSummonsandComplaintorClaim(betweenBuyerandSeller)containingthecasenumberofthelawsuit(Lawsuit)withinonehundredtwentydaysof106EarnestMoneyHolder’snoticetotheparties,EarnestMoneyHoldershallbeauthorizedtoreturntheEarnestMoneytoBuyer.IntheeventEarnestMoneyHolderdoesreceiveacopyoftheLawsuit,andhasnotinterpleadthemoniesatthetimeofanyOrder,EarnestMoneyHoldershalldisbursetheEarnestMoneypursuanttotheOrderoftoctheCourt.ThepartiesreaffirmtheobligationofMediation(23).102125.TERMINATION.10225.1.RighttoTerminate,Ifapartyhasarighttoterminate,asprovidedinthisContract(RighttoTerminate),theterminationshallbeeffectiveupontheotherparty’sreceiptofawrittennoticetoterminate(NoticetoTerminate),providedsuchwrittennoticewasreceivedonorbeforetheapplicabledeadlinespecifiedinthisi029Contract.IftheNoticetoTerminateisnotreceivedonorbeforethespecifieddeadline,thepartywiththeRightto102’)Terminateshallhaveacceptedthespecifiedmatter,documentorconditionassatisfactoryandwaivedtheRightto1031Terminateundersuchprovision.11)3)25.2.EffectofTermination.IntheeventthisContractisterminated,allEarnestMoneyreceived1033hereundershallbereturnedandthepartiesshallberelievedofallobligationshereunder,subjectto§10.4,22,23I01035and24.1036(1?26.ENTIREAGREEMENT,MODIFICATION,SURVIVAL.ThisContract,itsexhibitsandspecifiedaddenda,constitutetheentireagreementbetweenthepartiesrelatingtothesubjecthereof,andanyprioragreements1040pertainingthereto,whetheroralorwritten,havebeenmergedandintegratedintothisContract.NosubsequentmodificationofanyofthetermsofthisContractshallbevalid,bindingupontheparties,orenforceableunlessmadeinwritingandsignedbytheparties.AnyrightorobligationinthisContractthat,byitsterms,existsorisrjvintendedtobeperformedafterterminationorClosingshallsurvivethesame.111.)827.NOTICE,DELIVERY,ANDCHOICEOFLAW.27.1.PhysicalDelivery.Allnoticesmustbeinwriting,exceptasprovidedin§27,2.Anydocument,includingasigneddocumentornotice,fromoronbehalfofSeller,anddeliveredtoBuyershallbeeffectivewhenphysicallyreceivedbyBuyer,anysignatoryonbehalfofBuyer,anynamedindividualofBuyer,anyrepresentative1052ofBuyer,orBrokerageFirmofBrokerworkingwithBuyer(exceptfordelivery,afterClosing,ofthenoticerequestingmediationdescribedin§23)andexceptasprovidedin§27.2.Anydocument,includingasigneddocumentornotice,fromoronbehalfofBuyer,anddeliveredtoSellershallbeeffectivewhenphysicallyreceivedio’bySeller,anysignatoryonbehalfofSeller,anynamedindividualofSeller,anyrepresentativeofSeller,or1057BrokerageFirmofBrokerworkingwithSeller(exceptfordelivery,afterClosing,ofthenoticerequestingmediationdescribedin§23)andexceptasprovidedin§27.2.27.2.ElectronicDelivery.Asanalternativetophysicaldelivery,anydocument,includinganysigneddocumentorwrittennotice,maybedeliveredinelectronicformonlybythefollowingindicatedmethods:L1FacsimileE-mailLIInternetLINoElectronicDelivery.IftheboxNoElectronicDelivery’isi0c4checked,this§27.2shallnotbeapplicableand§27.1shallgovernnoticeanddelivery.Documentswithoriginalsignaturesshallbeprovideduponrequestofanyparty.Iosi27.3.ChoIceofLaw.ThisContractandalldisputesarisinghereundershallbegovernedbyandconstrued[064inaccordancewiththelawsoftheStateofColoradothatwouldbeapplicabletoColoradoresidentswhosignacontractinColoradoforpropertylocatedinColorado.1071337328.NOTICEOFACCEPTANCE,COUNTERPARTS.Thisproposalshallexpireunlessacceptedinwriting,byBuyerandSeller,asevidencedbytheirsignaturesbelow,andtheofferingpartyreceivesnoticeofsuchJfl?acceptancepursuantto§27onorbeforeAcceptanceDeadlineDate(3)andAcceptanceDeadlineTime(1C)’63).Ifaccepted,thisdocumentshallbecomeacontractbetweenSellerandBuyer.AcopyofthisContractmaybeexecutedbyeachparty,separately,andwheneachpartyhasexecutedacopythereof,suchcopiestaken30,togethershallbedeemedtobeafullandcompletecontractbetweentheparties.10829.GOODFAITH.BuyerandSelleracknowledgethateachpartyhasanobligationtoactingoodfaithincluding,butnotlimitedto,exercisingtherightsandobligationssetforthintheprovisionsofFinancingConditionsand1084Obligations(5)RecordTitleandOff—RecordTitle(8),CurrentSurveyReview(9)andPropertyCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage13of16Buyer(s)Initials__________________________________________Seller(s)Initials—CTMcContracts.com-©2013CTMSoftwareCorp. 00Disclosure,Inspection,Indemnity,Insurability,DueDiligence,BuyerDisclosureandSourceofWater(SiUS10).103dIADDITIONALPROVISIONSANDATTACHMENTSI1C9130.ADDITIONALPROVISIONS.(ThefollowingadditionalprovisionshavenotbeenapprovedbytheColorado5ERealEstateCommission.)IU’)IfBuyerterminatesthecontractafterlastcontingencydate,October21,2013,BuyerwillforfeitearnestmoniestoSellerifcontractfailstoclose.O)31090BuyerwillreadandinitialtheDeedRestrictionAgreementfortheOccupancyandResaleofMillerRanchHousingandtheMillerRanchHousingGuidelinesdatedOctober26,2010,whichregulatethepropertytobepurchased.21.93IfthepresenceofaregisteredsexoffenderisamatterofconcerntotheBuyer,Buyer1156understandsthatBuyermustcontactlocallawenforcementofficialsregardingobtainingsuch1)’information.ThelenderfortheBuyerwillhirealocalappraisalcompanythathasextensiveexperienceandIi!!knowledgeintheEagleCountydeedrestrictedrealestatemarket,specificallyinMillerRanch.SellerwillhaveaworkingcarbonmonoxidedetectorwithanewbatteryandoperationalelectricalISoutletwithin75feetofallbedroomsatthetimeofpossession.1H6Notwithstandinganythingtothecontraryherein,buyerunderstandsthatthisAgreementmustbe11’approvedandratifiedbytheBoardofCountyCommissionersataregularlyscheduledandpublicmeeting.SellershallimmediatelyschedulesaidpublicmeetingandthisAgreementwillbecomeeffectiveuponBoardofCountyCommissioneraffirmativemotiononthesame.112331.ATTACHMENTS.31.1.ThefollowingattachmentsareapartofthisContract:ii55ClosingInstructions,SourceofWaterAddendumtoContracttoBuyandSellRealEstate,Square112FootageDisclosure11291129ii31.2.ThefollowingdisclosureformsareattachedbutarenotapartofthisContract:1l21n/a1132113311]ISIGNATURESI113LI3611371136I4ira&t&,’_______114’_____________________________________________________Date:9/30/201311.;sBuyer:WendyButlerlAddress:P.O.Box7088EagleCO81631114.Phone:(216)978-4389Fax:ii-7ElectronicAddress:butIer.wendygmall.com11lS111:I156115111521153Ie,e’,i_____________________________________________________________Date:9/30/2013Buyer:LeeA.ButlerAddress:P.O.Box1088EagleCO816311111Phone:(216)978-4394Fax:ElectronicAddress:leebutler58@gmail.com1101166[NOTE:Ifthisofferisbeingcounteredorrejected,donotsignthisdocument.Referto§32]CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage14oft6Buyer(s)Initials_____________________________________________Seller(s)InitialsCTMcConlracts.com-©2013CTMSoftwareCorp. Fax:COUNTER;REJECTION.ThisofferisLICounteredLIRejected.lENDOFCONTRACTTOBUYANDSELLREALESTATj33.BROKER’SACKNOWLEDGMENTSANDCOMPENSATIONDISCLOSURE.(TobecompletedbyBrokerworkingwithBuyer)BrokerDoesLIDoesNotacknowledgereceiptofEarnestMoneydepositand,whilenotapartytotheContract,agreestocooperateuponrequestwithanymediationconcludedunder§23.BrokeragreesthatifBrokerageFirmistheEarnestMoneyHolderand,exceptasprovidedin§24,iftheEarnestMoneyhasnotalreadybeenreturnedfollowingreceiptofaNoticetoTerminateorotherwrittennoticeoftermination,EarnestMoneyHoldershallreleasetheEarnestMoneyasdirectedbythewrittenmutualInstructions.SuchreleaseofEarnestMoneyshallbemadewithinfivedaysofEarnestMoneyHolder’sreceiptoftheexecutedwrittenmutualinstructions,providedtheEarnestMoneycheckhascleared.BrokerisworkIngwithBuyerasaLIBuyer’sAgentLISeller’sAgentTransaction-BrokerInthistransaction.LIThisisaChangeofStatus.BrokerageFirm’scompensationorcommissionistobepaidbyListingBrokerageFirmLIBuyerLIOthern/aBrokerageFirm’sName:TheValleyHomeStoreBroker’sName:KimberlyB.WilliamsAddress:25MillLoftSuite200Edwards,CO87632Ph:970-328-8776Fax:866-617-7237Email:kwilliamsvalleyhomestore.orgBroker’sName:ToriFranksDate:9/30/201334.BROKER’SACKNOWLEDGMENTSANDCOMPENSATIONDISCLOSURE.(TobecompletedbyBrokerworkingwithSeller)BrokerDoesLIDoesNotacknowledgereceiptofEarnestMoneydepositand,whilenotapartytotheContract,agreestocooperateuponrequestwithanymediationconcludedunder§23.BrokeragreesthatifBrokerageFirmistheEarnestMoneyHolderand,exceptasprovidedIn§24,iftheEarnestMoneyhasnotalreadybeenreturnedfollowingreceiptofaNoticetoTerminateorotherwrittennoticeoftermination,EarnestMoneyHoldershallreleasetheEarnestMoneyasdirectedbythewrittenmutualinstructions.SuchreleaseofEarnestMoneyshallbemadewithinfivedaysofEarnestMoneyHolder’sreceiptoftheexecutedwrittenmutualinstructions,providedtheEarnestMoneycheckhascleared.BrokerisworkingwiththeSellerasaLISeller’sAgentLIBuyer’sAgentTransaction-Brokerinthistransaction,LIThisisaChangeofStatus,CBS1.9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage15of16Buyer(s)InitialsSeller(s)InitialsSeller:Date:0120/31172EagleCountyHoingandDevelopmentAuthorityIBy,CommissionerAddress:25MillLoft,Suit200EdwardsCO81632Phone:(970)328-877511ElectronicAddress:kwllliamsvalleyhomestore.org117j11iI1H3I32.I1lInitialsonlyofparty(BuyerorSeller)whocounteredorrejectedoffer113”Date:9/30/2013ClMcContmcts.com-©2013CTMSoftwareCorp. 00BrokerageFirm’scompensationorcommissionistobepaidby0Seller1BuyerOthern/aBrokerageFirm’sName:TheValleyHomeStoreBroker’sttfl(L4&dtMzs’Name9Date:9/30/2013KimberlyWilliamsAddress:25MillLoftSuite200Edwards,CO81632Ph:970-328-8776Fax:866-611-7237Email:kwilliams@valleyhomestore.orgCBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE(RESIDENTIAL)CTMeContracis@2012CTMSoftsrCorp.CBS1-9-12.CONTRACTTOBUYANDSELLREALESTATE-ResidentialPage16of16Buyer(s)Initials_____________________________________________Seller(s)Initials_________________CTMcContracts.com-©20t3CTMSoRwareCorp. CCTheValleyHomeStoreTheKimberlyB.WilliamsValleyHomeStorePh:970-328-8776Fax:866-611-72371[rheprintedportionsofthisform,exceptdifferentiatedadditions,havebeenapprovedbytheColoradoReallestateCommission(SWA3S-8-10)(Mandatory1-11)23THISFORMHASIMPORTANTLEGALCONSEQUENCESANDTHEPARTIESSHOULDCONSULT4LEGALANDTAXOROTHERCOUNSELBEFORESIGNING.56SOURCEOFWATERADDENDUMTOCONTRACTTOBUYANDSELLREALESTATE78Date:9/30/20139101.ADDENDUMTOCONTRACTTOBUYANDSELLREALESTATE.ThisSourceofWater11Addendum(Addendum)ismadeapartofthatContracttoBuyandSellRealEstatebetweenSeller12andBuyerdated9/30/2013(Contract),forthepurchaseandsaleofthePropertyknownasNo.1369MarbleUnitF228EdwardsCO8163214152.SOURCEOFPOTABLEWATER.Sellerdisclosesthefollowinginformationforthesourceof16potablewaterfortheProperty:1718[Selectandcomplete1,2or3asapplicable.J1920LI2.1TheProperty’ssourceofwaterisaWell.WellPermit#:_____________________21IfawellisthesourceofwaterfortheProperty,acopyofthecurrentWellPermit22LIIsLIIsNotattached.2324LI2.2TheWaterProviderforthePropertycanbecontactedat:EagleRiverWaterandSanitation25Name:District846ForestRoad/POBox712245Vail,26Address:CO8165727WebSite:http://www.erwsd.org28PhoneNo.:970-476-74802930LI2.3ThereisneitheraWellnoraWaterProviderfortheProperty.Thesourceofwater31forthePropertyIs[describesource]:3233NOTETOBUYER:SOMEWATERPROVIDERSRELY,TOVARYINGDEGREESON34NONRENEWABLEGROUNDWATER.YOUMAYWISHTOCONTACTYOURPROVIDER(OR35INVESTIGATETHEDESCRIBEDSOURCE)TODETERMINETHELONG-TERMSUFFICIENCYOF36THEPROVIDR’SWATERSUPPIES.38Seller:___________________________________Date:I-bfrI341Seller:_____________________________________________________________Date:42434,ra&ate,’0’Date:9/30/201345Buyer:WendyButler46__________________________________________________Date:9/30/2013SWA3S-8-10.SOURCEOfWATERADDENDUMTOCONTRACTTOBUYANDSELLREALESTATEPage1of2CTMcContracts.com.D2013CTMSoftwareCorp. 0048Buyer:LeeA.Butler5WA35-8-1O.SOURCEOFWATERADDENDUMTOCONTRACTTOBUYANDSELLREALESTATE.CINeContiacts-2312CTNSoftwareCorp.SWA35-8-1O.SOURCEOFWATERADDENDUMTOCONTRACTTOBUYANDSELLREALESTATEPage2of2CTMcConlracts.cem-©2013CTMSoftwareCorp. ClTheValleyHomeStoreTheKimberlBWilliamsValleyHomeStorePh:970-328-8776Fax:866-611-7237Theprintedportionsofthisform,exceptdifferentiatedadditions,havebeenapprovedbytheColoradoReallEstateCommission.(SF94-5-04)SQUAREFOOTAGEDISCLOSUREThisdisclosureismadetoBuyerandSellerpursuanttotherequirementsofColoradoRealEstateCommissionandappliestoimprovedresidentialrealestate.PropertyAddress:69MarbleUnitF228EdwardsCO816321.LicenseeMeasurementListingLicenseeLiHas0HasNotmeasuredthesquarefootageoftheresidenceaccordingtothefollowingstandard,methodologyormanner:Standard/Methodology/MannerDateMeasuredSquareFootageLiExteriormeasurementn/an/aLiFHAn/an/aLiANSIn/an/aLiLocalstandardn/an/an/aLiOthern/an/an/a2.OtherSourceofMeasurement:ListingLicensee0isLiisNotprovidingInformationonsquarefootageoftheresidencefromanothersource(s)asindicatedbelow:SourceofSquareFootageInformationDateSquareFootageLiPriorappraisal(Dateofdocument)n/an/aLiBuildingplans(Dateofdocument)n/an/a0Assessor’soffice(Dateofdocument)August2013984LiOthern/a.n/an/aMeasurementisforthepurposeofmarketing,maynotbeexactandisnotforloan,valuationorotherpurpose.Ifexactsquarefootageisaconcern,thepropertyshouldbeindependentlymeasured.BuyerandSellerareadvisedtoverifythisinformation.AnyindependentmeasurementorinvestigationshouldbecompletedonorbeforetheInspectionObjectionDeadlineofthecontract.iIZcb’e-%i#(1f_____________________________________________________Date:9/30/2013ListingLicensee:KimberlyWilliamsTheundersigUacknowledgeriptofthisdisclosure.Seller:QDate:w0113Seller:_____________________________________________________________Date:_________________It%4___________________________________________________________Date:9/30/2013Buyer:WendyButlerSF94-5-04.SQUAREFOOTAGEDISCLOSUREPageIof2CTMcContracis.com-©2013CTMSoftwareCorp. 00Date:9/30/2073Buyer:LeeA.ButlerSF94-5-04SQUAREFOOTAGEDISCLOSUREctr’Conircs-)2UI2CIt15oft.arCorpSF94-5-04.SQUAREFOOTAGEDISCLOSUREPage2of2CTMcConlracts.com-2O13CTMSoftwareCorp. CCTheValleyHomeStore1TheKimberlyB.WilliamsValleyHomeStorePh:970-328-8776Fax:866-611-72372jTheprintedportionsofthisform,exceptdifferentiatedadditions,havebeenapprovedbytheColoradoIRealEstateCommissionCCL8-9-12)(Mandatory1-13)34THISFORMHASIMPORTANTLEGALCONSEQUENCESANDTHEPARTIESSHOULDCONSULT5LEGALANDTAJCOROTHERCOUNSELBEFORESIGNING.67CLOSINGINSTRUCTIONS8Date:9/30/2013101.PARTIES,PROPERTY.EagleCountyHousingandDevelopmentAuthoritySeller,andiiWendyButlerandLeeA.Butler,Buyer,engageHeritageTitleCompanyClosingCompany,whoagreestoprovide12closingandsettlementservicesinconnectionwiththeClosingofthetransactionforthesaleand13purchaseoftheProperty14knownasNo.69MarbleUnitF228EdwardsCO8163215andmerefullydescribedintheContracttoBuyandSellRealEstate,dated9/30/2013,includingisanycounterproposalsandamendments(Contract).AlltermsoftheContractareincorporatedherein17byreference.IntheeventofanyconflictbetweenthisAgreementandtheContract,thisAgreement18shallcontrol,subjecttosubsequentamendmentstotheContractorthisAgreement.2.TITLECOMMITMENT,EXCEPTIONSANDPOLICY.ClosingCompanyAgreesElDoesNotagreethat:uponcompletionofasatisfactorytitlesearchandexamination,itwillfurnishaTitle21InsuranceCommitment;anditwillissueaTitleInsurancePolicyprovidedthatallrequirementshave22beenfulfilled.ClosingCompanyAgreesElDoesNotagreetofurnishcopiesofExceptions.23243.INFORMATION,PREPARATION,CLOSING,RECORDING.ClosingCompanyisauthorizedto25obtainanyinformationnecessaryfortheClosing.ClosingCompanyagreestoprepare(excludinglegal26documents),deliverandrecordalldocumentsrequiredorcustomarilyrecorded,anddisburseallfunds2?pursuanttotheContractthatarenecessarytocarryoutthetermsandconditionsoftheContract.2824.CLOSINGFEE.ClosingCompanywillreceiveafeeof$365forprovidingclosingand30settlementservices(ClosingFee).31325.RELEASE,DISBURSEMENT.ClosingCompanyisnotauthorizedtoreleaseanysigneddocumentsorthingsofvaluepriortoreceiptanddisbursementofGoodFunds,exceptasprovidedin§9,10and11.34356.DISBURSER.ClosingCompanyshalldisburseallfunds,includingrealestatecommissions,36exceptthosefundsasmaybeseparatelydisclosedinwritingtoBuyerandSellerbyClosing3?CompanyorBuyerslenderonorbeforeClosing.Allpartiesagreethatnooneotherthanthe38disbursercanassurethatpayoffofloansandotherdisbursementswillactuallybemade.39407.SELLER’SNETPROCEEDS.SellerwillreceivethenetproceedsofClosingasindicated:410Cashier’sCheck,atSeller’sexpenseFundsElectronicallyTransferred(wiretransfer)42toanaccountspecifiedbySeller,atSeller’sexpenseElClosingCompany’strustaccountcheck.43448.CLOSINGSTATEMENT.ClosingCompanywillprepareanddeliveranaccurate,completeand45detailedclosingstatementtoBuyerandSellerattimeofClosing.464?9.FAILUREOFCLOSING.IfClosingordisbursementdoesnotoccuronorbeforeClosingDate48setforthintheContract,ClosingCompany,exceptasprovidedherein,isauthorizedandagreesto49returnalldocuments,monies,andthingsofvaluetothedepositingparty,uponwhichClosing50Companywillberelievedfromanyfurtherduty,responsibilityorliabilityinconnectionwiththese51ClosingInstructions.Inaddition,anypromissorynote,deedoftrustorotherevidenceofindebtedness52signedbyBuyerwillbevoidedbyClosingCompany,withtheoriginalsreturnedtoBuyerandacopyCL8-9-12.CLOSINGINSTRUCTIONSPageIof4Buyer(s)Initials_____________________________________________Seller(s)Initials_____________________________________________CTMcContmcts.com-©2013CTMSoftwareCorp. 0053toBuyerslender.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,andtheDivisionshatberesponsibleforobtainingthenecessarywellregistrationinformation80directlyfromBuyer.ClosingCompanyshallnotbeliablefordelayingClosingtoensureBuyer81completesanyrequiredform.828314.WITHHOLDING.TheInternalRevenueServiceandtheColoradoDepartmentofRevenue84mayrequireClosingCompanytowithholdasubstantialportionoftheproceedsofthissalewhen85Selleriseitherofthefollowing(a)isatoreignpersonor(b)willnotbeaColoradoresidentafterClosing.SellershouldinquireofSeller’staxadvisortodetermineifwithholdingappliesorifanexemptionexists.868715.ADDITIONALPROVISIONS.(Thefollowingadditionalprovisionshavenotbeenapprovedbythe88ColoradoRealEstateCommission.)89n/a—909116.COUNTERPARTS.Thisdocumentmaybeexecutedbyeachparty,separately,andwhen92eachpartyhasexecutedacopy,suchcopiestakentogethershallbedeemedtobeafulland93completecontractbetweentheparties.949517.BROKER’SCOPIES.ClosingCompanyshallprovide,toeachbrokerinthistransaction,copies96ofallsigneddocumentsthatsuchbrokersaterequiredtomaintainpursuanttotherulesofthe97ColoradoRealEstateCommission.9818.NOTICE,DELIVERY,CHOICEOFLAW.18.1PhysicalDelivery.Exceptasprovidedin§18.2,allnoticesmustbeinwriting.100AnynoticeordocumenttoBuyeriseffectivewhenphysicallyreceivedbyBuyer,anyindividual101buyer,anyrepresentativeofBuyer,orBrokerageFirmofBrokerworkingwithBuyer.Anynoticeor102documenttoSellershallbeeffectivewhenphysicallyreceivedbySeller,anyindividualseller,any103representativeofSeller,orBrokerageFirmofBrokerworkingwithSeller.Anynoticeordocumentto104ClosingCompanyshallbeeffectivewhenphysicallyreceivedbyClosingCompany,anyindividualof105ClosingCompany,oranyrepresentativeofClosingCompany.10618.2ElectronicDelivery.Asanalternativetophysicaldelivery,anysigneddocumentand107writtennoticemaybedeliveredinelectronicformbythefoflowingindicatedmethodsonly:108LIFacsimileE-mailLIInternetLINoElectronicDelivery..DocumentswithoriginalCLX-9-12.CLOSINGINSTRUCTIONSPage2of4Buyer(s)Initials__________________________________________Setter(s)Initials______________CTMcContracts.com-©2013CTMSotwarcCorp. 0109onginalsignaturesshallbeprovideduponrequestofanyparty.11018.3.ChoiceofLaw.Thiscontractandalldisputesarisinghereundershallbegoverned111byandconstruedinaccordancewiththelawsoftheStateofColoradothatwouldbeapplicableto112ColoradoresidentswhosignacontractinthisstateforpropertylocatedinColorado.113114115IIW&/(UDate:9/30/2013116Buyer:WendyButler117Address:P.O.Box108B118Address:EagleCO81631119PhoneNo.:(216)978-4389120FaxNo.:121ElectronicAddress:butler.wendy@gmail.com122123/ALee%.D”&tDate:9/30/2013124Buyer:LeeA.Butler125Address:P.O.BOX1088126Address:EagleCo81631127PhoneNo.:(216)978-4394128FaxNo.:129ElectronicAddress:leebutler58©gmail.com131Seller:Date:Ja-Ol-/3132133Address:25MillLoft,Suit200134Address:EdwardsCO81632135PhoneNo.:(970)328-8775136FaxNo.:137ElectronicAddress:kwilliams@valleyhomestore.org138139Seller:Date:_________________140141Address:142Address:143PhoneNo.:144FaxNo.:145ElectronicAddress:146147148ClosingCompany:HeritageTitleCompany149150Date:10/7/2013151By:TraciePortice152AuthorizedSignatureTitle:______________________153Address:P0Box1980CL8-9-12.CLOSINGINSTRUCTIONSPage3of4Buyer(s)Initials_____________________________________________Seller(s)Initials______________________CTMcContracts.com-©2013CTMSoftwareCorp. 00154City:Eagle,CO81631155PhoneNo.:970-328-5211156FaxNo.:866-828-9541157ElectronicAddress:tportice©heritagetco.com158159(tOBECOMPLETEDONLYBYBROKERANDCLOSINGCOMPANY)160161KimberlyWilliams(Broker)WorkingwithSellerWorklngwithBuyer162engagesClosingCompanyasBroker’sscrivenertocomplete,forafeenottoexceed$5163atthesoleexpenseofBroker,thefollowinglegaldocuments:164165DeedBillofSaleColoradoReatEstateCommissionapprovedPromissory166NoteColoradoRealEstateCommissionapprovedDeedofTrust.ClosingCompanyagrees167toprepare,onbehalfofBroker,theIndicatedlegaldocumentspursuanttothetermsandconditions168oftheContract.169170ThedocumentsstatedaboveshallbesubjecttoBroker’sreviewandapprovalandBroker171acknowledgesthatBrokerisresponsiblefortheaccuracyoftheabovedocuments.172173BrokerageBrokerFirm’sName:TheValleyHomeStore1749Date:70/112013175Broker:KimberlyWilliams176177ClosingCompany:HeritageTitleCompany178179PoC.cceDate:10/1/2073180By:TradePortice181AuthorizedSignatureTitle:____________________182183CL8-9-i2.CLOSINGINSTRUCTIONSfl.1nTr.’C7fl17CTMSoftwarif’orp.CL$-9-12.CLOSINGINSTRUCTIONSPage4of4Buyer(s)Initials_____________________________________________Seller(s)InitialsCTMcContracts.com-()2013CIMSoftwareCorp.