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80 (Seller warrants)applicable). )( �-- ---- indicates)
<br /> (sat(part),f�of the property is located in a flood plain(Strike as
<br /> 82 (SeIIQr war rants)
<br /> 3 applicable). - - ---- -_ indicates `
<br /> Sar1�.�-,he-i,614.4, J�ipe_ �, �Ve art)j of.he property-. )-crate-d,,ina wetland(Strike as
<br /> 84 Seller represents that the property is zo ed. ' et �' �^-G "�°"'""r
<br /> 85 Seller warrants and represents to Buyer that Selle as no notic or know of an '
<br /> 86 (a)planned or commenced public improvements which may in g y�
<br /> 87 property. special assessments or otherwise materially affect the
<br /> 88 (b)government agency or court order requiring repair,alteration,or correction of any existing condition.
<br /> 89 (c)shoreland or special land use regulations affecting the property.
<br /> 90 (d)underground storage tanks and the presence of any dangerous or toxic materials or conditions affecting the property.
<br /> 91 EXCEPTIONS TO WARRANTIES AND REPRESENTATIONS STATED IN LINES 80 to 90: -- t_3�:
<br /> gq -.- - - --- ------ -- ---- - --
<br /> --------_
<br /> __
<br /> •
<br /> "F The following items shall he prorated as of the day of closing: general taxes, rents, water and sewer use charges, homeowners'
<br /> 97 association assessments, fuel,and-- ___ __ g' g
<br /> 98 Any income.taxes,or expenses through the day of closing accrue to Seller.
<br /> `19 General taxes shall be prorated at the tune of closing based on the nett ���'�,� na
<br /> 100 on the net general taxes for the preceding
<br /> 101 CAUTION: If property has not been fully assessed year.sessed for tax purposes, or reassessment is completed or pending, tax own otherwise
<br /> 102 Loon the basis cf$-___ -
<br /> estimated annual tax. g, proration shall
<br /> 103 Special assessments, if any, for work on site actually commenced or levied prior to date of this offer shall be paid by Seller. All
<br /> 104 other special assessments shall be paid by Buyer. (Caution: Consider a special agreement if area assessments association assessments are contemplated.)
<br /> 106 Seller shall provide to Bu �r sments or homeowners'
<br /> 107 I .
<br /> y., at Seller's expense at least three(3)business days before closing,Seller's choice of:
<br /> 108 2.A commitment from a title insurance company licenser) in Wisconsin to issue title insurance in the•
<br /> of the purchase price upon recording of proper documents;
<br /> 110 showing title to the property a amount no 111 called for in this offer, and further subject only more to the s 15
<br /> whiich will tbee paid hout l of proof
<br /> proceeds eoft the Buyer closing and in the condition
<br /> dititle
<br /> 112 insurance exceptions or abstract certificate limitations, as appropriate. Buyer shall notify Seller of any valid objection to title in
<br /> 113 writing by closing. Seller shall have a reasonable time, but not exceeding 15 days, to remove the objections, and closing rshalltbe
<br /> 114 extended as necessary for this purpose.
<br /> 115 If this offer provides for a land contract, prior to execution of the land contract Seller shall provide the same
<br /> 116 required above and written proof, at or before execution, that the total underlying indebtedness, if any, is not in.excess of the
<br /> 117 proposed balance of the land contract, and that the payments on this land contract are sufficient to meet al
<br /> of the obligations of
<br /> 118 Seller on the underlying indebtedness.
<br /> 119 If the transaction fails to close and the parties fail to agree on the disposition of earnest money, then earnest.mon held by broker shall be disbursed as follows:
<br /> 121 1. To Buyer, unless Seller notifies Buyer and Broker in writing no later than 15 days after the earlier of the Bu er's written
<br /> 122 demand for return of the earnest money or the date set for closing, that Seller elects to consider the earnest money
<br /> 123 liquidated damages or partial payment for specific performance. y en
<br /> 124 2. To Seller, subject to amounts payable to broker, provided the above notice is given and neither party commences a lawsuit
<br /> 125 on this matter within 30 days after receipt of the notice.
<br /> 126 In making the disbursement,the broker shall follow procedures in Section RL 18.09(4),Wis.Mm.Code.
<br /> 127 Disbursement of earnest money does not determine the legal rights of the parties in relation to this agreement.
<br /> 128 Both parties agree to hold the Broker harmless from any liability for good faith disbursement of earnest money in accordance
<br /> 129 with this agreement or present Department of Regulation and Licensing regulations concerning earnest money.
<br /> 130 if the property is damaged by fire or elements prior to time of closing in an amount which exceeds five per cent of the selling this contract may be cancelled at option of Buyer. Should Buyer elect to carry out this agreement despite such damage, Buyer shall
<br /> 132 be entitled to the insurance .roceeds r-Iating to damage to . operty. Il,ng price,
<br /> 133 SPECIAL PROVISIONS: ' '- y
<br /> 134 - " . %r. .. -i�Avisi/ • - -4
<br /> 135
<br /> 136
<br /> 137 ---
<br /> •
<br /> 138 Seller and Buyer agree to act in good faith and use diligence in completing the terms of this agreement. This agreement binds
<br /> 139 and inures t.the benefit of th- par;,. Al. this a eement and their successor interest.
<br /> 140 . ._i ,� '�
<br /> 141 .ij 4 ,' 4.
<br /> / Pr/ (Buyer) -� %��G!c/ r
<br /> 142
<br />
<br /> =uyer)
<br />
<br /> 143 THIS OFFER IS HEREBY . ACCEPTED, THE WARRANTIES AND REPRESENTATIONS MADE
<br /> 144 HEREIN SURVIVE THE CLOSING OF THIS TRANSACTION. THE UNDERSIGNED HEREBY AGREES
<br /> 145 TO SELL AND CONVEY THE ABOVE-MENTIONED PROPERTY ON THE TERMS AND CONDITIONS
<br /> 146 AS SET FORTH AND ACKNOWLEDGES RECEIPT OF A COPY OF THIS AGREEMENT.
<br /> 147 148 Dated: L-- ill. 19 aatsfa.,,q r
<br /> 149 Offer is rejected(Seller initial.) (
<br />
<br />
<br /> 151yc w�, ]'. �1 e..s-�.
<br /> 152 400 (Seller)
<br />
<br /> 153 This offer was drafted by(Licensee and firm) �. _ - ��
<br /> _ _ / t/. -1,
<br /> 154 It was presented to Seller by �'
<br /> on , 19 at-_m.
<br /> 155
<br /> 156 Broker acknowledges receipt of initial earnest money EARNEST M
<br /> as per 11 MONEY RECEIPT e boe offer.
<br /> 157 r
<br /> •158 19 I / 1 . 0/ Broker
<br /> 159 / �<
<br /> (By -. - . LCc «
<br />
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