Common use of PRICE AND DEPOSIT Clause in Contracts

PRICE AND DEPOSIT. Purchaser agrees to pay the High Bid Amount of $ plus a 10% Buyer Premium of $ for a Total Contract Price of $ for the subject Real Estate. A Non-Refundable Down Payment of $ is to be paid to Escrow Agent within 24 hours of acceptance and applied toward the Total Contract Price at closing. In the event this transaction does not close for any reason other than non-marketable title or as otherwise agreed by ALL parties, Purchaser agrees that the Down Payment shall be disbursed by Escrow Agent as provided for in paragraph 5 below, UNLESS Escrow Agent & Broker are previously notified in writing by purchaser that litigation has been filed with a Court of Competent Jurisdiction (a copy of the filing must be attached). Pursuant to paragraph 2, upon written instructions from the Broker and the authority granted in this Irrevocable Letter of Instruction I authorize and approve (Closing Agent) to follow the instructions from the Broker as to the distribution of my down payment. Further, I agree to hold (Closing Agent) harmless for any such expenditures to any individuals or entities. I have reviewed the Contract to Purchase At Online Auction dated September 22, 2020, and this Irrevocable Letter of Instruction:

PRICE AND DEPOSIT. Purchaser agrees to pay the amount of the High Bid Amount of $ plus a the 10% Buyer Premium of $ for a Total Contract Price of $ for the subject Subject Real Estate. A Non-Refundable Down Payment of $ (10% of Total Contract Price) is to be paid to & deposited by Escrow Agent within 24 hours of upon acceptance and applied toward the Total Contract Price at closing. In the event this transaction does not close for any reason other than non-marketable title or as otherwise agreed by ALL parties, Purchaser agrees that the Down Payment down payment shall be disbursed by Escrow Agent as provided for in paragraph 5 below, UNLESS Escrow Agent & Broker are previously notified in writing by purchaser Purchaser that litigation has been filed with a Court of Competent Jurisdiction (a copy of the filing must be attached). Pursuant to paragraph 2, upon written instructions instruction from the Broker and the authority granted in this Irrevocable Letter of Instruction Instruction, I authorize and approve (Closing Agent) direct M & M Title Company to follow the instructions from of the Broker as to the distribution of my down payment. Further, I agree to hold (Closing Agent) Broker & M & M Title Company harmless for any such expenditures disbursements to any individuals or entities. I have reviewed the Contract to Purchase At at Online Auction dated September 22June 26, 2020, 2018 and this Irrevocable Letter of InstructionInstruction and:

PRICE AND DEPOSIT. Purchaser Xxxxxxxxx agrees to pay the High Bid Amount of $ plus a 10% Buyer Premium of $ for a Total Contract Price of $ for the subject Real Estate. A Non-Refundable Down Payment of $ (10% of Total Contract Price) is to be paid to & deposited by Escrow Agent within 24 hours of upon acceptance and applied toward the Total Contract Price at closing. In the event this transaction does not close for any reason other than non-marketable title or as otherwise agreed by ALL parties, Purchaser agrees that the Down Payment shall be disbursed by Escrow Agent as provided for in paragraph 5 below, UNLESS Escrow Agent & Broker are previously notified in writing by purchaser that litigation has been filed with a Court of Competent Jurisdiction (a copy of the filing must be attached). Pursuant to paragraph 2, upon written instructions from the Broker and the authority granted in this Irrevocable Letter of Instruction I authorize and approve (Closing Agent) M & M Title Company to follow the instructions from the Broker as to the distribution of my down payment. Further, I agree to hold (Closing Agent) M & M Title Company & Ohio Real Estate Auctions harmless for any such expenditures to any individuals or entities. I have reviewed the Contract to Purchase At Online Public Auction dated September 22November 1, 20202018, and this Irrevocable Letter of Instruction:

PRICE AND DEPOSIT. Purchaser agrees to pay the High Bid Amount of $ plus a 10% Buyer Premium of $ for a Total Contract Price of $ for the subject Real Estate. A Non-Refundable Down Payment of $ (10% of Total Contract Price) is to be paid to Escrow Agent within 24 hours of acceptance and applied toward the Total Contract Price at closing. In the event this transaction does not close for any reason other than non-marketable title or as otherwise agreed by ALL parties, Purchaser agrees that the Down Payment shall be disbursed by Escrow Agent as provided for in paragraph 5 below, UNLESS Escrow Agent & Broker are previously notified in writing by purchaser that litigation has been filed with a Court of Competent Jurisdiction (a copy of the filing must be attached). Pursuant to paragraph 2, upon written instructions from the Broker and the authority granted in this Irrevocable Letter of Instruction I authorize and approve (Closing Agent) M & M Title Company to follow the instructions from the Broker as to the distribution of my down payment. Further, I agree to hold (Closing Agent) M & M Title Company & Ohio Real Estate Auctions harmless for any such expenditures to any individuals or entities. I have reviewed the Contract to Purchase At Online Auction dated September 22June 30, 2020, and this Irrevocable Letter of Instruction:

PRICE AND DEPOSIT. Purchaser agrees to pay the amount of the High Bid Amount of $ $280,500 plus a the 10% Buyer Premium of $ $28,050 for a Total Contract Price of $ $308,550 for the subject Subject Real Estate. A Non-Refundable Down Payment of $ 30,855 (10% of Total Contract Price) is to be paid to & deposited by Escrow Agent within 24 hours of upon acceptance and applied toward the Total Contract Price at closing. In the event this transaction does not close for any reason other than non-marketable title or as otherwise agreed by ALL parties, Purchaser agrees that the Down Payment down payment shall be disbursed by Escrow Agent as provided for in paragraph 5 below, UNLESS Escrow Agent & Broker are previously notified in writing by purchaser Purchaser that litigation has been filed with a Court of Competent Jurisdiction (a copy of the filing must be attached). Pursuant to paragraph 2, upon written instructions instruction from the Broker and the authority granted in this Irrevocable Letter of Instruction Instruction, I authorize and approve (Closing Agent) direct M & M Title Company to follow the instructions from of the Broker as to the distribution of my down payment. Further, I agree to hold (Closing Agent) Broker & M & M Title Company harmless for any such expenditures disbursements to any individuals or entities. I have reviewed the Contract to Purchase At at Online Auction dated September 22January 31, 2020, 2019 and this Irrevocable Letter of InstructionInstruction and:

PRICE AND DEPOSIT. Purchaser agrees to pay the amount of the High Bid Amount of $ plus a the 10% Buyer Premium of $ for a Total Contract Price of $ for the subject Subject Real Estate. A Non-Refundable Down Payment of $ (50% of Total Contract Price) is to be paid to & deposited by Escrow Agent within 24 hours of upon acceptance and applied toward the Total Contract Price at closing. In the event this transaction does not close for any reason other than non-marketable title or as otherwise agreed by ALL parties, Purchaser agrees that the Down Payment down payment shall be disbursed by Escrow Agent as provided for in paragraph 5 below, UNLESS Escrow Agent & Broker are previously notified in writing by purchaser Purchaser that litigation has been filed with a Court of Competent Jurisdiction (a copy of the filing must be attached). Pursuant to paragraph 2, upon written instructions instruction from the Broker and the authority granted in this Irrevocable Letter of Instruction Instruction, I authorize and approve (Closing Agent) direct BesTitle Company to follow the instructions from of the Broker as to the distribution of my down payment. Further, I agree to hold (Closing Agent) Broker & BesTitle Company harmless for any such expenditures disbursements to any individuals or entities. I have reviewed the Contract to Purchase At at Online Auction dated September 22October 30, 2020, 2018 and this Irrevocable Letter of InstructionInstruction and:

PRICE AND DEPOSIT. Purchaser agrees to pay the amount of the High Bid Amount of $ plus a the 10% Buyer Premium of $ for a Total Contract Price of $ for the subject Subject Real Estate. A Non-Refundable Down Payment of $ (10% of Total Contract Price) is to be paid to & deposited by Escrow Agent within 24 hours of upon acceptance and applied toward the Total Contract Price at closing. In the event this transaction does not close for any reason other than non-marketable title or as otherwise agreed by ALL parties, Purchaser agrees that the Down Payment down payment shall be disbursed by Escrow Agent as provided for in paragraph 5 below, UNLESS Escrow Agent & Broker are previously notified in writing by purchaser Purchaser that litigation has been filed with a Court of Competent Jurisdiction (a copy of the filing must be attached). Pursuant to paragraph 2, upon written instructions instruction from the Broker and the authority granted in this Irrevocable Letter of Instruction Instruction, I authorize and approve (Closing Agent) direct M & M Title Company to follow the instructions from of the Broker as to the distribution of my down payment. Further, I agree to hold (Closing Agent) Broker & M & M Title Company harmless for any such expenditures disbursements to any individuals or entities. I have reviewed the Contract to Purchase At at Online Auction dated September 22Sept. 27, 2020, 2018 and this Irrevocable Letter of InstructionInstruction and:

PRICE AND DEPOSIT. Purchaser agrees to pay the amount of the High Bid Amount of $ plus a the 10% Buyer Premium of $ for a Total Contract Price of $ for the subject Subject Real Estate. A Non-Refundable Down Payment of $ (10% of Total Contract Price) is to be paid to & deposited by Escrow Agent within 24 hours of upon acceptance and applied toward the Total Contract Price at closing. In the event this transaction does not close for any reason other than non-marketable title or as otherwise agreed by ALL parties, Purchaser agrees that the Down Payment down payment shall be disbursed by Escrow Agent as provided for in paragraph 5 below, UNLESS Escrow Agent & Broker are previously notified in writing by purchaser Purchaser that litigation has been filed with a Court of Competent Jurisdiction (a copy of the filing must be attached). Pursuant to paragraph 2, upon written instructions instruction from the Broker and the authority granted in this Irrevocable Letter of Instruction Instruction, I authorize and approve (Closing Agent) direct M & M Title Company to follow the instructions from of the Broker as to the distribution of my down payment. Further, I agree to hold (Closing Agent) Broker & M & M Title Company harmless for any such expenditures disbursements to any individuals or entities. I have reviewed the Contract to Purchase At at Online Auction dated September 22July 26, 2020, 2018 and this Irrevocable Letter of InstructionInstruction and:

PRICE AND DEPOSIT. Purchaser agrees to pay the amount of the High Bid Amount of $ plus a the 10% Buyer Premium of $ for a Total Contract Price of $ for the subject Subject Real Estate. A Non-Refundable Down Payment of $ (10% of Total Contract Price) is to be paid to & deposited by Escrow Agent within 24 hours of upon acceptance and applied toward the Total Contract Price at closing. In the event this transaction does not close for any reason other than non-marketable title or as otherwise agreed by ALL parties, Purchaser agrees that the Down Payment down payment shall be disbursed by Escrow Agent as provided for in paragraph 5 below, UNLESS Escrow Agent & Broker are previously notified in writing by purchaser Purchaser that litigation has been filed with a Court of Competent Jurisdiction (a copy of the filing must be attached). Pursuant to paragraph 2, upon written instructions instruction from the Broker and the authority granted in this Irrevocable Letter of Instruction Instruction, I authorize and approve (Closing Agent) direct M & M Title Company to follow the instructions from of the Broker as to the distribution of my down payment. Further, I agree to hold (Closing Agent) Broker & M & M Title Company harmless for any such expenditures disbursements to any individuals or entities. I have reviewed the Contract to Purchase At at Online Auction dated September 22October 18, 2020, 2018 and this Irrevocable Letter of InstructionInstruction and:

PRICE AND DEPOSIT. Purchaser agrees to pay the amount of the High Bid Amount of $ plus a the 10% Buyer Premium of $ for a Total Contract Price of $ for the subject Subject Real Estate. A Non-Refundable Down Payment of $ (10% of Total Contract Price) is to be paid to & deposited by Escrow Agent within 24 hours of upon acceptance and applied toward the Total Contract Price at closing. In the event this transaction does not close for any reason other than non-marketable title or as otherwise agreed by ALL parties, Purchaser agrees that the Down Payment down payment shall be disbursed by Escrow Agent as provided for in paragraph 5 below, UNLESS Escrow Agent & Broker are previously notified in writing by purchaser Purchaser that litigation has been filed with a Court of Competent Jurisdiction (a copy of the filing must be attached). Pursuant to paragraph 2, upon written instructions instruction from the Broker and the authority granted in this Irrevocable Letter of Instruction Instruction, I authorize and approve (Closing Agent) direct BesTitle Company to follow the instructions from of the Broker as to the distribution of my down payment. Further, I agree to hold (Closing Agent) Broker & BesTitle Company harmless for any such expenditures disbursements to any individuals or entities. I have reviewed the Contract to Purchase At at Online Auction dated September 22Sept. 26, 2020, 2018 and this Irrevocable Letter of InstructionInstruction and: