Common use of Execution of Purchase Agreement Clause in Contracts

Execution of Purchase Agreement. The successful bidder has earned the right to make an offer to the Seller; no sale has been completed. The bidder will be required to execute an Irrevocable Real Estate Purchase Agreement immediately following the close of the auction and provide the required Xxxxxxx Money within 24 hours to the Seller in a check payable to Ness Bros. Buyer’s offer expires 11:59 P.M. (local time) 7 days after the online auction date, unless Seller timely accepts it; the Xxxxxxx Money will be returned if Seller does not accept the successful bid as a primary or secondary offer, subject to any required approvals. --- SECONDARY / BACK-UP OFFER: IF this offer is a secondary / back-up offer, then this offer will stay in effect until 27 days after the Auction ends. Buyer may Terminate Secondary/Back-up Offer at any time if Xxxxx has an accepted offer on another property. --- CLOSING: Balance of the purchase price is due in cash at Closing, which will take place, within 45 days after the acceptance date if the Buyer has financed the transaction or 30 days after the acceptance if the Buyer has made a cash offer. The fee charged by any closing agent, including an attorney acting as a closing agent for both parties, or Xxxxx’s lender acting in such capacity, for closing services shall be paid equally by the parties. Buyer will be responsible for paying a $245.00 administration transaction commission payable to Ness Bros. STATEMENTS MADE BY AUCTIONEER WILL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED MATERIALS OR ANY PREVIOUS ORAL STATEMENTS

Execution of Purchase Agreement. The successful bidder has earned the right to make an offer to the Seller; no sale has been completed. The bidder will be required to execute an Irrevocable Real Estate Purchase Agreement immediately following the close of the auction and provide the required Xxxxxxx Money within 24 hours to the Seller in a check payable to Ness Bros. Buyer’s 's offer expires 11:59 P.M. (local time) 7 seven days after the online auction date, unless Seller timely accepts it; the Xxxxxxx Money will be returned if Seller does not accept the successful bid as a primary or secondary offer, subject to any required approvals. --- SECONDARY / BACK-UP OFFERTAXES: IF this offer is a secondary / back-up offerThe real estate taxes shall be prorated. Seller shall pay real estate taxes which are payable during the year in which Closing occurs, then this offer will stay in effect until 27 days after and taxes payable during the Auction endssucceeding year, prorated to the date of Closing. Buyer shall assume and pay all subsequent taxes. If at the time of closing the tax xxxx for the Real Estate for the succeeding year has not been issued, taxes payable shall be computed based on the last tax xxxx available to the closing agent. The succeeding year’s tax xxxx, because of recently constructed improvements, annexation, reassessment, or similar items may Terminate Secondary/Back-up Offer at greatly exceed the last tax xxxx available to the closing agent. --- GUARANTY: Any individual submitting a bid or signing the Purchase Agreement on behalf of any time if Xxxxx entity agrees to be individually bound by all these terms and conditions and individually responsible for payment of the Xxxxxxx Money and the balance due. --- SURVEY: The Seller has an accepted offer on another propertya legal description for the property so no survey will be provided. If a survey is requested, it will be paid for by the Buyer. --- CLOSING: Balance of the purchase price is due in cash at Closingclosing, which will take place, within 45 days after the acceptance date if the Buyer buyer has financed the transaction or 30 days after the acceptance if the Buyer buyer has made a cash offer. The fee charged by any closing agent, including an attorney acting as a closing agent for both parties, or Xxxxx’s Buyer's lender acting in such capacity, for closing services shall be paid equally by the parties. Buyer will be responsible for paying a $245.00 administration transaction commission payable to Ness Bros. STATEMENTS MADE BY --- AUCTIONEER WILL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED MATERIALS OR ANY PREVIOUS ORAL STATEMENTSRESERVES: Auctioneer Reserves the right to make changes to an auction, to split or combine lots, cancel, suspend or extend the auction event. NOTE: Neither the Seller nor Ness Bros. is responsible for any personal property left in the residence and buildings, or on the land after the Real Estate possession is granted to Buyer and will be inherited by the new buyer.

Execution of Purchase Agreement. The successful bidder has earned the right to make an offer to the Seller; no sale has been completed. The bidder will be required to execute an Irrevocable Real Estate Purchase Agreement immediately following the close of the auction and provide the required Xxxxxxx Money within 24 hours to the Seller in a check payable to Ness Bros. Buyer’s offer expires 11:59 P.M. (local time) 7 days after the online auction date, unless Seller timely accepts it; the Xxxxxxx Money will be returned if Seller does not accept the successful bid as a primary or secondary offer, subject to any required approvals. --- SECONDARY / BACK-UP OFFER: IF this offer is a secondary / back-up offer, then this offer will stay in effect until 27 days after the Auction ends. Buyer may Terminate Secondary/Back-up Offer at any time if Xxxxx has an accepted offer on another property. --- CLOSING: Balance of the purchase price is due in cash at Closing, which will take place, within 45 days after the acceptance date following Bankruptcy Court approval if the Buyer has financed the transaction or 30 days after the acceptance following Bankruptcy Court approval if the Buyer has made a cash offer. The fee charged by any closing agent, including an attorney acting as a closing agent for both parties, or Xxxxx’s lender acting in such capacity, for closing services shall be paid equally by the parties. Buyer will be responsible for paying a $245.00 administration transaction commission payable to Ness Bros. STATEMENTS MADE BY AUCTIONEER WILL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED MATERIALS OR ANY PREVIOUS ORAL STATEMENTS

Execution of Purchase Agreement. The successful bidder has earned the right to make an offer to the Seller; no sale has been completed. The bidder will be required to execute an Irrevocable Real Estate Purchase Agreement immediately following the close of the auction and provide the required Xxxxxxx Money within 24 hours to the Seller in a check payable to Ness Bros. BuyerXxxxx’s offer expires 11:59 P.M. (local time) 7 days after the online auction date, unless Seller timely accepts it; the Xxxxxxx Money will be returned if Seller does not accept the successful bid as a primary or secondary offer, subject to any required approvals. --- SECONDARY / BACK-UP OFFER: IF this offer is a secondary / back-up offer, then this offer will stay in effect until 27 days after the Auction ends. Buyer may Terminate Secondary/Back-up Offer at any time if Xxxxx has an accepted offer on another property. --- CLOSING: Balance of the purchase price is due in cash at Closing, which will take place, within 45 days after the acceptance date if the Buyer has financed the transaction or 30 days after the acceptance if the Buyer has made a cash offer. The fee charged by any closing agent, including an attorney acting as a closing agent for both parties, or Xxxxx’s lender acting in such capacity, for closing services shall be paid equally by the parties. Buyer will be responsible for paying a $245.00 administration transaction commission payable to Ness Bros. STATEMENTS MADE BY AUCTIONEER WILL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED MATERIALS OR ANY PREVIOUS ORAL STATEMENTS

Execution of Purchase Agreement. The successful bidder has earned the right to make an offer to the Seller; no sale has been completed. The bidder will be required to execute an Irrevocable Real Estate Purchase Agreement immediately following the close of the auction and provide the required Xxxxxxx Money within 24 hours to the Seller in a check payable to Ness Bros. Buyer’s offer expires 11:59 P.M. (local time) 7 days after the online auction date, unless Seller timely accepts it; the Xxxxxxx Money will be returned if Seller does not accept the successful bid as a primary or secondary offer, subject to any required approvals. --- SECONDARY / BACK-UP OFFER: IF this offer is a secondary / back-up offer, then this offer will stay in effect until 27 days after the Auction ends. Buyer may Terminate Secondary/Back-up Offer at any time if Xxxxx Buyer has an accepted offer on another property. --- CLOSING: Balance of the purchase price is due in cash at Closing, which will take place, within 45 days after the acceptance date if the Buyer has financed the transaction or 30 days after the acceptance if the Buyer has made a cash offer. The fee charged by any closing agent, including an attorney acting as a closing agent for both parties, or XxxxxBuyer’s lender acting in such capacity, for closing services shall be paid equally by the parties. Buyer will be responsible for paying a $245.00 administration transaction commission payable to Ness Bros. STATEMENTS MADE BY AUCTIONEER WILL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED MATERIALS OR ANY PREVIOUS ORAL STATEMENTS

Execution of Purchase Agreement. The successful bidder has earned the right to make an offer to the Seller; no sale has been completed. The bidder will be required to execute an Irrevocable Real Estate Purchase Agreement immediately following the close of the auction and provide the required Xxxxxxx Money within 24 hours to the Seller in a check payable to Ness Bros. Buyer’s Xxxxx's offer expires 11:59 P.M. (local time) 7 seven days after the online auction date, unless Seller timely accepts it; the Xxxxxxx Money will be returned if Seller does not accept the successful bid as a primary or secondary offer, subject to any required approvals. --- SECONDARY / BACK-UP OFFERGUARANTY: IF this offer Any individual submitting a bid or signing the Purchase Agreement on behalf of any entity agrees to be individually bound by all these terms and conditions and individually responsible for payment of the Xxxxxxx Money and the balance due. --- SURVEY: The Seller has a legal description for the property so no survey will be provided. If a survey is a secondary / back-up offerrequested, then this offer it will stay in effect until 27 days after be paid for by the Auction ends. Buyer may Terminate Secondary/Back-up Offer at any time if Xxxxx has an accepted offer on another propertyBuyer. --- CLOSING: Balance of the purchase price is due in cash at Closingclosing, which will take place, within 45 days after on or before the acceptance date if the Buyer has financed the transaction or 30 days after the acceptance if the Buyer has made a cash offerThirtieth (30th) day following Bankruptcy Court approval. The fee charged by any closing agent, including an attorney acting as a closing agent for both parties, or Xxxxx’s 's lender acting in such capacity, for closing services shall be paid equally by the parties. Buyer will be responsible for paying a $245.00 345.00 administration transaction commission payable to Ness Bros. STATEMENTS MADE BY --- AUCTIONEER WILL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED MATERIALS OR ANY PREVIOUS ORAL STATEMENTSRESERVES: Auctioneer Reserves the right to make changes to an auction, to split or combine lots, cancel, suspend or extend the auction event. NOTE: Neither the Seller nor Ness Bros. is responsible for any personal property left in the residence and buildings, or on the land after the Real Estate possession is granted to Buyer and will be inherited by the new buyer.