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HomeMy WebLinkAboutBuyer's Offer !i:r !QUAL _ OPPORTUNITY SALE CONTRP'-" AND RECEIPT FOR EARNEST ~EY, Page 1 of 3 THIS IS A LEt.. _~ Y BINDING CONTRACT; IF NOT UNDERSTOOD SEEK ~ .r>ETENT ADVICE cz IJ V FRS 0 F r: F R 1 COPY OF RNAL ACKNOWLEDGMENT OF AGENCY RELA TIONSHIPS FORM IS ATTACHED. 2 Buyer ;~{TV 01" A~HLAi<J1 , 3 Seller ..ii'~I<IO;'; JNll>ER}\'f'JlTCr.:, Kf\.Rl'::i'J WHT'l'F. A~n J{TMRHnI,y WHrT~ 4 ~tyRjx n"'ar th€' {"'1 ty (iT .<;sr.l Ann County of .J1'\C~ 90)"1 5 Legal description: 3~J!':3;(, 'T'ax }nts 1 (iO. {OO~ 38}r~(!8, Y(';nr loOts f\OO, 600 ..nil l~1F"7, T~}> I.ot 1,\f~; 31i}P33, "{'ax roOt 200: 3~]F.34, Trlx Lnt lOQ 7 '~ODt'inhl~J 12tltt a'~res. moro or leas_ knownas:/'be ~~;~~~~~~~ ~~~~~ ~:p~~~Z iji ~~:~E~r Creele ROA~, ~~;~l~~~ ~'~~~'~~' for the price of .' . -'J, p,'n " '.5 ;add'. 0 ~---------- Dollars$ RQO;noo..i)o 10 on the following terms: 11 The earnest money receipted for of ................................................................................................ A $ 12 {DOn .19_} 13 0 on Seller's acceptance as additional earnest money, the sum of ........ B $ 14 At or b~fore closing, the balance of ~own pay~ent ........................................................................ C $ 7 Q 5 II oon . (~() $ H a n J O(Qs1:r n () 15 At closing and upon acceptance of title and delivery of IQ Deed 0 Contract the sum of ............................................................ $ -0-. 16 payable as follows: N(lN~. '1'.1TA TS AN l!..T.(. ('~~m 'f'RAN'$AC''T'TOH, PJl.YART.p~ F.NTTRF.LY TN' ~Ac:.}.l 17 '1'0 SF:T.f..F.H A'l' ~r.o~TNr, offers to purchase from real estat&U'.tli'&-;: State of Oregon, 10t1. 5,000.on 18 19 For additional details, see Exhibit _' 20 If a loan is being assumed, Buyer shall pay the required assumption fee and purchase the reserve account balance, if any. IF A LOAN IS BEING ASSUMED OR 21 A NEW LOAN 16 REQUIRED, THIS OFFER TO PURCHASE IS CONTINGENT UPON BUYER AND PROPERTY QUALIFYING FOR THE LOAN DESCRIBED 22 ABOVE. IF BUYER OR PROPERTY DOES NOT QUALIFY AS SPECIFIED, THIS TRANSACTION SHALL BE TERMINATED AUTOMATICALLY AND BROKER IS 23 AUTHORIZED TO REFUND THE EARNEST MONEY TO BUYER. 24 Buyer shall make written loan application and shall pay lender required prepayments (appraisal, credit report, etc.) no later than 25 complete necessary documents and exert best efforts to procure the financing. If discount points are required for financing: 26 Buyer shall pay: wi A ; Seller shall pay 'NI A N/A . '[/ REPAIRS OR IMPROVEMENTS: If repairs, pest or dry rot recommendations or other work is to be completed: 28 Buyer shall pay: N/'" ; Seller shall pay: r'l/A 29 SPECIAL CONDITIONS: 30 ,'Qr ~("!ial ("!onditinn!l ReA Add~j'\o\1m "AM ai-t,'u-'h@,'l haT'Pt:n and 'DY 31 ;-tli s ref&;!r~nct;> inc:orparai':Ao hAr....i n 32 33 34 For additional details, see Exhibit li A .' . 35 TERMINATION: If the entity holding the earnest money requests that the Buyer and Seller execute any termination document(s), no earnest money can be 36 disbursed until both Buyer and Seller execute any requested termination document(s). (No termination agreement is required for deposits and other, 37 considerations returned under ORS 105.465 to 105.490 on a "BUYER'S NOTICE OF REVOCATION AND REFUND DEMAND.") 38 DEED: Unless otherwise specified, the property shall be conveyed by statutory warranty deed FREE and CLEAR of all liens and encumbrances EXCEPT 39 recorded covenants, conditions and restrictions; zoning ordinances; building and use restrictions; reservations in federal patents; utility easements; easements 40 not materially affecting the value or intended use of the property; and none a 41 42 FIXTURES: The following property will be left upon the premises: all built-in appliances; wall-to-wall carpeting; drapery and curtain rods; window blinds; window 43 and door screens; storm doors and windows; water heaters; attached electric light fixtures, bathroom fixtures, mirrors, light bulbs and tubes; awnings; garage 44 door opener(s) with control(s); irrigation, plumbing, ventilating, cooling and heating fixtures and equipment including oil tanks (excluding detached fireplace tools); 45 attached television antennae; shrubs, plants and trees; all other fixtures; EXCEPT: !lona _ 46 47 PERSONAL PfI0PERTY: The following personal property, now on the premises, is sold "AS IS WITH ALL FAULTS" and is INCLUDED in the sale price: 46 ..JOne _ 49 Unless otherwise stated, personal property has no monetary value in this transaction and shall not be security forthe unpaid price. Subject to the rights of tenants, 50 or unless otherwise agreed in writing, all other personal property on the premises shall be removed by Seller on or before the date Buyer is entitled to possession. 51 PERSONAL PROPERTY REMAINING ON THE PREMISES AFTER THAT DATE WILL BECOME THE PROPERTY OF THE BUYER. Buyer shall pay for 52 heating fuel on premises at time Buyer is entitled to possession. 53 COMPLIANCE WITH OREGON PROPERTY DISCLOSURE LAW (ORS 105.465 to 105.490): The property is being sold on the following basis: 54 0 Sold without a Seller's Property Disclosure Statement (Seller must complete and provide to Buyer a written disclaimer of Seller's representations and 55 warranties). 56 eSold with a Seller's Property Disclosure Statement (Seller must complete and provide Buyer with a Seller's Property Disclosure Statement). 57 0 Buyer waives Buyer's right under the Oregon property disclosure law to revoke Buyer's offer (Buyer's waiver form must be attached). 58 0 The Oregon property disclosure law does not apply to this transaction because (exemption form attached): 59 a) The Buyer will use the real property for purposes other than a residence for the Buyer or the Buyer's spouse, parent, or child; or 60 b) The transaction is exempt under section 7 of the Oregon property disclosure law. 61 (If you have any questions about the applicability of the Oregon property disclosure law or your rights thereunder, seek competent legal advice). 62 SEWAGE DISPOSAL AND DOMESTIC WATER: The dwelling is connected to: oa public sewer system oro a septic tank. The dwelling is connected to: 63 0 a public water system, 0 an on-site water well, or 0 ;~ I i\ . Pursuant to ORS 448.271 , if this property's domestic water 64 is supplied by a water well, upon Seller's acceptance of offer, Seller shall promptly have the well tested for nitrates and total coliform bacteria and submit the 65 test results to the Health Division of the State of Oregon, which may require additional tests for specific contaminants in an area of ground water concern or in 66 a ground water management area. If the tests results do not conform to minimum standards of the Health Division, Buyer may elect (within SEVEN (7) days 67 of Buyer's receipt of the written test report) to terminate this transaction, in which event Broker is authorized to refund the earnest money to Buyer. '~:i ty of t'~S: ~ld.il,-t 68 EARNEST MONEY RECEIPT # 69 Review of this page Buyer A l;y f Seller A 70 is acknowledged by: Buyer B Fe ':19 { ,~. Ch.c).. B t. :,.1.,,:J ;.~ f Seller B 71 @Real Estate Forms Plus. Inc. 1994 f\Ct 1 ng Cl ty .~(\.ifM:S\vITH THIS SYMBOL _ REQUIRE A SIGNATURE. 345451 - - Broker's Initials REFP 001-1 Rev. 4/95 -~-_. -'~ BUYER'S INITIAL COpy SALE CONTRACT AND RECE FOR EARNEST MONEY, Page ~ 3 # 345457 72 PEST CONTROl INSPECTION REPORT: JJ BUYER II SELLER 0 SHALL HAVE Q.SHALL NOT HAVE 0 HAS HAD THIS PROPERTY INSPECTED 73 BY A LICENSED PEST CONTROL INSPECTOR for substructure damage caused by infestation of wood destroying pests or organisms, obtain recommenda- 74 tions for corrective work and pay the initial inspection fee. A copy of all such reports shall be provided to both Buyer and Seller atthe time thatthe report is provided 75 by the inspector. Property inspection shall be ordered within THREE (3) days after Seller's acceptance of this offer and completed within TEN (10) days after 76 Seller's acceptance of this offer. Buyer shall give Seller written approval or disapproval of the inspection within SEVEN (7) days of receipt of the report. If Buyer TI gives written disapproval, this transaction shall be terminated UNLESS Seller notifies Buyer in writing within SEVEN (7) days thereafter of.8eller's agreement 78 to pay for the work recommended by the report. If Seller is unable or unwilling to pay for the work recommended in the inspection report, but Buyer agrees to 79 pay for the work to be done, the transaction shall proceed. IF BUYER WISHES TO HAVE ADDITIONAL PROPERTY INSPECTIONS MADE, THEY SHALL BE 80 SPECIFIED AS PART OF THIS AGREEMENT. 81 LEAD-BASED PAINT WARNING: IFTHE SUBJECT HOME WAS BUILT BEFORE 1978, IT MAY CONTAIN LEAD-BASED PAINT WHICH CAN CONSTITUTE 82 A HEALTH HAZARD. 0 LEAD BASED PAINT WARNING form attached. NIl\. 83 CLOSING: Time is of the essence. Buyer shall remove all contingencies in writing at least FIVE (5) days prior to the date specified on line 84. Closing documents 84 shall be executed and Buyer's funds deposited in escrow on or before .J}) nna ry 1? ' 19--9.6-, or as soon thereafter as financing 85 documents can be prepared and marketable title delivered, but notto exceed FOURTEEN (14) additional days. Transaction is "closed" when the deed or contract 86 is recorded. 87 POSSESSION: The Seiter agrees that the property and all improvements, including the systems, fixtures and yard, will be in substantially their present condition 88 at the time Buyer is entitled to possession. Seller shall deliver possession to Buyer: 89 0 As soon as Buyer has deposited all funds in escrow, and Buyer and Seller have signed all closing documents; 90 0 day(s) after deed or contract is recorded; 91 0 day(s) after deed or contract is recorded and funds have been disbursed to Seller; 92 t::JOn ell.ainl) ,19 (See attached "AGREEMENT TO OCCUPY o BEFORE 93 Possession 0 IS IXIS NOT subject to tenant's rights. Seller 0 SHALL GIVE by 94 a THIRTY (30) day written termination notice for tenant to vacate. o AFTER CLOSING" form). ,19 , 0 SHALL NOT GIVE 95 PRORATIONS: Prorates for rents, refundable deposits, current year's taxes, interest on new and assumed obligations and ather prepaid expenses shall be 96 made as of: [lDate Buyer is entitled to possession; 0 days after closing; 0 On ,19_; or refer to attached 97 "AGREEMENT TO OCCUPY 0 BEFORE 0 AFTER CLOSING" form. If a loan is being assumed, unless otherwise agreed, any unused portion of the mortgage 98 insurance premium shall become the property of the Buyer. 99 THIS SALE WIlJ.. BE CLOSED IN ESCROW. Costs of escrow shall be shared equally between Seller and Buyer unless Buyer is obtaining new financing through 100 Federal VA, in which case Seller shall pay all of the escrow closing fee. If Buyer will owe a portion of the purchase price to Seller after closing, payments shall 101 be made througtl collection escrow. Seller shall pay the fee to establish the collection escrow, and Buyer shall pay the periodic collection fees and termination 102 fees. 103 DEFERRED TAX PROVISION: If the property will have a farm, forest, or historic deferred property tax status after closing, and if the deferred status terminates 104 for any reason, Buyer shall be solely responsible for all deferred taxes and interest and hold Seller harmless. Seller agrees to cooperate with Buyer in maintaining 105 deferred status. 106 TITLE INSURANCE: The Seller shall provide to the Buyer, at Seller's expense, a title insurance policy in the amount of the purchase price of the real estate 107 showing good and marketable title. Prior to closing of this transaction, the Seller shall furnish to the Buyer a preliminary title report made by a title insurance 108 company showing the condition of the property title. 109 SMOKE DETECTOR AND INSULATION: Working smoke detector(s) will be installed according to Oregon law prior to closing. If new construction, FTC 110 Insulation disclosure requirements will be satisfied by Seller. 111 SQUARE FOOTAGE AND MEASUREMENT: Buyer acknowledges that any size or dimension figures for the lot, acreage or structu res used by Seller or Seller's 112 agents are estimates only, and are not intended to be relied upon to determine the value of the property, its fitness for Buyer's intended uses, or for any other 113 purpose. Buyer has personally inspected the property and is independently satisfied with its size, value and utility. 114 COMPUTATION OF TIME: In this document a day, is a calender day not a business day. When the last day for accomplishing an act required or allowed in this 115 agreement falls on a Saturday, Sunday or legal holiday, the last day shall be extended to the next day that is not a Saturday, Sunday or legal holiday. As used 116 in this document, "legal holiday" means legal holiday as defined in ORS 187.010 and 187.020. 117 APPROVED USES: THE PROPERTY DESCRIBED IN THIS INSTRUMENT MAY NOT BE WITHIN A FIRE PROTECTION DISTRICT PROTECTING 118 STRUCTURES. THE PROPERTY IS SUBJECT TO LAND USE LAWS AND REGULATIONS, WHICH, IN FARM OR FOREST ZONES, MAY NOT AUTHORIZE 119 CONSTRUCTION OR SITING OF A RESIDENCE AND WHICH LIMIT LAWSUITS AGAINST FARMING OR FOREST PRACTICES AS DEFINED IN ORS 120 30.930 IN ALL ZONES. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD 121 CHECK WITH THE APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY APPROVED USES AND EXISTENCE OF FIRE 122 PROTECTION FOR STRUCTURES. 123 FOREIGN INVeSTMENT IN REAL PROPERTY TAX ACT: The Foreign Investment in Real Property Tax Act (FIRPTA), IRC 1445, requires every person who 124 purchases U.S. real property from a "foreign person" to deduct and withhold from the Seller's proceeds ten percent (10%) of the gross sale price, with certain 125 exceptions. A "foreign person" is defined to include a non-resident alien individual, foreign corporation, foreign partnership, foreign trust and foreign estate. Seller 126 and Buyer agree to execute and deliver, as appropriate, any instrument, affidavit or statement, and to perform any acts reasonably necessary to carry out the 127 provisions of FIRPT A. 128 REMEDIES: The earnest money and additional earnest money shall be refunded to Buyer, and Seller shall pay the cost oftitle insurance and escrow and Seller's 129 legal fees, if any, if one or more of the following occur: (1) Seller does not approve the sale within the time allowed Broker during which to secure Seller's 130 acceptance; (2) Seller approves the sale within that time but title to the premises is not marketable, and cannot be made marketable within thirty (30) days after 131 notice containing a written statement of defects is delivered to Seller; or (3) Seller approves the sale within that time but fails to consummate the sale. However, 132 acceptance by Buyer of the refund does not constitute a waiver of other remedies available to Buyer. 133 If the sale is approved by Seller, title to the premises is marketable, and Buyer fails to complete the purchase as provided in this agreement or fails to make 134 payments promptly as set forth in this Sale Agreement, Seller shall have the following options: (1) Seller may seek damages; (2) Seller may seek specific 135 performance of this Sale Agreement; or (3) the earnest money and any additional earnest money shall be disbursed as follows: (a) to the escrow agent for the 136 cost of title insurance and escrow and Seller's legal fees, if any; and then (b) to Seller in an amount which is reasonable in light of the anticipated or actual harm 137 caused by the breach, the difficulties of proof of loss and the inconvenience or non-feasibility of otherwise obtaining an adequate remedy, to be divided according 138 to the provisions of Seller's Closing Instructions & Fee Agreement between Seller and Brokers to the extent of the agreed upon fee; and (c) the residue, if any, 139 to Buyer. If Seller exercises option (3), this Sale Agreement shall be of no further binding effect after the funds are disbursed. 140,'; it y 0 f A~.; 1.\ E. EARNEST MONEY RECEIPT # 141 Review of this pege B~yer A. ~Y.. .' . / Seller A 142 is acknowledQ8lll by: ~gir J. ~u.:l.stiansen, / Seller B '43 @ Real Estate Forms Plus, Inc. 1994t\CtiJl~1 City l\dmi':1b~ffifHls SYMBOL. REQUIRE A SIGNATURE. _._= 'lO1-2 Rev. 4195 BUYER'S INITIAL COPY --- - . Broker's Initials -- S~LE CONTRACT AND RECE'~ FOR EARNEST MONEY, Page r 3 # 34S~b"l' 144 ARBITRATION IN LIEU OF LITIGATION: Seller(s), Buyer(s), Realtor(s) and all other Brokers (hereinafter collectively referred to as "Broker(s)") involved in 145 this transaction (including a Broker's officers, employees, and agents) each agree that all claims, controversies, or disputes, including statutory, contract or tort 140 claims (including alleged misrepresentations, concealment, negligence, fraud and claims for fees or commissions) between or among Seller(s), Buyer(s) or 147 Broker(s) which arise out of or are related to this agreement, or which relate to the interpretation or breach of this agreement shall be decided by neutral binding 148 arbitration in accordance with the rules of the American Arbitration Association, and not by court action. Judgment upon the award rendered by the arbitrator(s) 149 may be entered in any court having jurisdiction. The obligation to arbitrate shall survive closing of this transaction. The parties shall have the right to discovery 150 and joinder of parties and claims in accordance with Oregon Rules of Civil Procedure. The following matters are excluded from arbitration hereunder: (1) a judicial 151 or non-judicial foreclosure or other action or proceeding to enforce a deed of trust, mortgage, or land sale contract, (2) a forcible entry and detainer action, 152 (3) the filing or enforcement of a statutory lien, (4) any matter which is within the jurisdiction of a probate court, or (5) an action for bodily injury or wrongful death. 153 The filing of a notice of pending action (lis pendens) or the application to any court having jurisdiction thereof or the issuance of any provisional process remedy 154 described in Rules 79 through 85 of the Oregon Rules of Civil Procedure (or corresponding federal statutory remedies) including a restraining order, attachment, 155 appointment of receiver, shall not constitute a waiver of the right to arbitrate under this provision, nor shall it constitute a breach of the duty to arbitrate. The 156 proceeds resulting from the exercise of any such remedy shall be held by the party obtaining such proceeds for disposition as maybe determined by an agreement 157 of the parties pursuant to the arbitration award. 158 ATTORNEY'S FEES: The prevailing party in the arbitration shall be entitled to recover reasonable costs and attorney's fees in connection therewith. The 159 determination of who is the prevailing party, what are reasonable costs, and the amount of attorney's fees to be paid to the prevailing party shall be decided 160 by: (1) the arbitrator(s) with respect to all recoverable attorney's fees incurred prior to and during the arbitration proceedings and (2) by the court or courts, 161 (including any appellate court, which hears any exceptions made to an arbitration award submitted for confirmation as a judgment or that determines any 162 application to stay arbitration or to compel arbitration hereunder), with respect to attorney's fees incurred in such court or courts. 163 BINDING EFFECT/CONSENT: This Agreement shall bind and benefit the parties and their respective heirs, personal representatives, successors and assigns. 164 If Buyer will owe a portion of the purchase price to Seller after closing, Buyer's rights under this Agreement, and rights in the property, may not be assigned, 165 sold, conveyed, or otherwise transferred without the written consent of the Seller, which consent shall not be unreasonably withheld, and Buyer shall procure 166 a fire insurance policy covering property and improvements to their maximum insurable value: upon recording of deed or contract (or memorandum), or upon 167 possession of property which ever occurs first. F F .- ': c: ,0 REA R N EST M;) N t Y 168 The undersigned Broker acknowledges receipt of earnest money from Buyer in the sum of: 169 $ ~ f J li .. 0 U evidenced by [J cash,.Q check, or [J promissory note (due on or before , 19_) 170 payable to__~":~.L~...;\r~j ~tl.9.J1J!;:_~_C~ien.:tiL..TrHf;t ~C:~Ol1nr 171 LISTING BROKER Pa,t~~:c:~Z. ;;?~~:f~e /,€'aJ F.~'~,..~pSELLlNGBROKER 11s1."1anu Homes R~al ;';""q'u, 172 Address 39.. .ha...,.::;,t, ::..S~l ~n<~, OR 97:.,2iJ Address l~O 1-; Ha:tn St, l\shlan,1, or:'!""" 173 Phone No.4 8 2 -.;;; 90:> Phone No. A:,~"- n It! 4 174 Listing Licensee Alan Kit c.}f,::UD. Selling Licensee's Signature , Carl.emo;: :iester 175 EARNEST MONEY INSTRUCTIONS: Buyer instructs the undersigned Broker:b to deposit the earnest money in Broker's clients' trust account, [J to transfer 176 the earnest money to the listing broker, or [J to deposit the earnest money with the escrow company designated below. When closing escrow has been 177 established, Buyer and Seller authorize transfer of the earnest money to the closing escrow. Upon Broker transfer of Earnest Money to closing escrow, Broker 178 shall then have no further responsibility concerning the earnest money. .. . i rei E t, T 1 U t- 0 P C H ., S E 179 Buyer acknowledges receipt of a completely filled-in copy hereof which Buyer has read and understands and acknowledges that Buyer has not 180 received or relied on any statements made by Seller or any real estate licensee which are not herein expressed. The manner in which Buyer acquires 181 title can have maLor I~~al~~d ta;< ~~~~.e9~~~ces; Buyer is advised to seek competent professional advice. Buyer directs deed or contract to be prepared in the 182 name of: C I ,.:L \,.'- "~..) ,.l~<>..~ OJ 183 This offer shall automatically expire on: Date Non I C'ct 1 \J ,19 :1 batS: 00 [JA.M. G P.M., if not accepted by Seller within that time. 184 A brokerage tee [J Is .~ is not being paid by Buyer at closing. 185 Address .:i ty Hal J 186 I!r;J.l.nct... Oi;. 187 Phone: Res Bus A Zip Bus B ':l7'.}i .:. Date (iCU.:.bez: 6 ,1~5 ;at [JA.M. [JP.M. BuyerA'.:i.o:.~' of .~shland by pcg::r; }.. BuyerBC'\Yri~tjiJtH~pn, A,.'tiwI C!ty 1'.:li"2i:l. .. .. F 'I S .~ c. '- P I ~ N S E 188 ACCEPTANCE: [J Seller ACCEPTS Buyer's offer. 189 At closing Seller shall pay the Listing Broker the sum of $ in cash for services rendered. Seller grants the Broker a lien on the proceeds of 190 sale to secure payment of that sum. Seller authorizes Broker to order a preliminary title report from 191 at Seller's expense and further authorizes Broker and 192 as escrow company to payout of cash proceeds of sale the expenses of furnishing title insurance, Seller's recording fees, Seller's closing costs, brokerage fee, 193 and any encumbrances on the property payable by Seller on or before closing. 194 SELLER ACKNOWLEDGES RECEIPT OF A COMPLETELY FILLED IN COPY OF THIS AGREEMENT WHICH SELLER HAS FULLY READ AND 195 UNDERST ANIIS.lf Buyer fails to timely complete the sale. earnest money disbursements, if applicable, shall be distributed as follows after deduction of any title 196 insurance and escrow cancellation charges: 197 SELLER %, BROKER % to the extent of Broker's total fee with residue to Seller. If this is a co-op transaction, the listing brokerage 198 fee shall be divided as follows: LISTING BROKER %; SELLING BROKER %. 199 REJECTION/COUNTEROFFER: [J Seller REJECTS the offer. [J Seller makes the attached COUNTER-OFFER. 200 Address Date ,19_; at [JA.M.[JP.M. 201 Zip Seller A 202 Phone: Res Bus A Bus B Seller B 203 Seller A's SStTax 10 # Seller B's SStTax 10 # .. .. f \ :.! ' , H ':.' A C K N 0 \i\J l tOG fv' E N 19_; _A.M. _ P.M. Buyer affirms the foregoing agreement and acknowledges receipt of a copy thereof signed by Seller. Buyer A _ Buyer B .. 204 Date 205 Buyer A's SStTax 10 # 206 Buyer B's SStTax 10 # 207 C'; Eugene Association of Realtors, 1994 LINES WITH THIS SYMBOL.. REQUIRE A SIGNATURE. Broker's Initials EAR 001-3 BUYER'S INITIAL COpy FINAL ACKNOWLEDGMENT OF AGENCY RELATIONSHIPS TO BE COMPLETED AT TIME OF CONTRACT & RECEIPT FOR EARNEST MONEY 3~lE32, Tax Lots 100, 2001 381E28, Tax Lots 500, 600 and 700; 381E27, 3dlEJ3, Tax Lot 200 i (subject property address or legal description) TaxLot 100 ~ JulE34, Tax Lot 100 The following agency relationship(s) in this transaction is (are) hereby consented to and acknowledged: (a) Carlene Hester (selling real estate licensee) of Ashland Homes Real Estate agent of (check one): (name of real estate organization) is the xxx the buyer exclusively as an agent of the buyer. the seller exclusively as an agent of the seller. both the seller and the buyer as set out in the in-company agreement. (b) Alan Kaufman (listing agent if not the same as selling agent) of Patricia Sprague Real Estate (name of real estate organization) is the agent of (check one): xxx the seller exclusively as seller's agent. both the seller and the buyer as set out in the in-company agreement. ACKNOWLEDGED Buyer: Dated: October 6, 1995 City of Ashland by Peggy A. Christiansen, Acting City Administrator Buyer: Dated: Seller: Dated: Seller: Dated: Broker's Initials Date: FINAL ACKNOWLEDGMENT OF AGENCY RELATIONSHIPS Provided by the Oregon AssocialiOll of ReaJrone ~ ~ ~