Common use of SPECIAL WARRANTY DEED Clause in Contracts

SPECIAL WARRANTY DEED. Notice of confidentiality rights: If you are a natural person, you may remove or strike any or all of the following information from any instrument that transfers an interest in real property before it is filed for record in the public records: your Social Security number or your driver’s license number. Date: _________ ___, 2010 Grantor: Grantor’s Mailing Address: Grantee: BC Development Co., a Missouri corporation Grantee’s Mailing Address: _______________________________________ Consideration: Cash and a promissory note of even date in the principal amount of ____________________________________ AND NO/100 DOLLARS ($__________) executed by Grantee, payable to the order of ___________. The note is secured by a vendor’s lien retained in this deed and by a deed of trust of even date from Grantee to ___________________, trustee. Property (including any improvements): [insert Property Description] Reservations from Conveyance: None. Exceptions to Conveyance and Warranty: Liens described as part of the Consideration and any other liens described in this deed as being either assumed or subject to which title is taken; validly existing easements, rights-of-way, and prescriptive rights, whether of record or not; all presently recorded and validly existing instruments, other than conveyances of the surface fee estate, that affect the Property; and taxes for 2010, which Grantee assumes and agrees to pay, and subsequent assessments for that and prior years due to change in land usage, ownership, or both, the payment of which Grantee assumes. [NOTE: This remains subject to modification based on review of title.] EXHIBIT “F” Grantor, for the Consideration and subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty, grants, sells, and conveys to Grantee the Property, together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee’s heirs, successors, and assigns forever. Grantor binds Grantor and Grantor’s heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee’s heirs, successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof when the claim is by, through, or under Grantor but not otherwise, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty. When the context requires, singular nouns and pronouns include the plural. ___________________________, a By: Name: Title: STATE OF _________________ COUNTY OF _______________ The foregoing instrument was acknowledged before me on the ___ day of ___________, 20__ by the said ______________________________________ of _______________________________, a _____________. ________________________________________ Notary Public, State of _____________ EXHIBIT “F” FORM OF XXXX OF SALE AND ASSIGNMENT XXXX OF SALE AND ASSIGNMENT This Xxxx of Sale and Assignment (“Assignment”), dated __________, _____, is executed and delivered pursuant to that certain Real Estate Purchase Agreement (the “Purchase Agreement”) dated as of _____, 2010, by and between __________________________________, a ________________________________ (“Seller”), and __________________, a ________________ (“Buyer”), concerning the real property described in Exhibit “A” attached hereto (the “Land”). All capitalized terms not otherwise defined herein shall have the same meanings given them in the Purchase Agreement.

Appears in 2 contracts

Samples: Real Estate Purchase Agreement (US Federal Properties Trust Inc.), Real Estate Purchase Agreement (US Federal Properties Trust Inc.)

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SPECIAL WARRANTY DEED. Notice For the consideration of confidentiality rights: If you Ten Dollars and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, SPIRIT MASTER FUDNING III, a natural personDelaware limited liability company (“Grantor”), you may remove or strike any or all of the following information from any instrument with offices located at 0000 X. Xxxxxxx Street, Suite 300, Dallas, Texas 75201, does hereby grant and convey to , a(n) (“Grantee”), with offices located at , that transfers an interest in certain real property before it is filed for record situated in Xxxx County, Illinois described on Exhibit A (the public records: your Social Security number or your driver’s license number. Date: _________ ___, 2010 Grantor: Grantor’s Mailing Address: Grantee: BC Development Co., a Missouri corporation Grantee’s Mailing Address: _______________________________________ Consideration: Cash and a promissory note of even date in the principal amount of ____________________________________ AND NO/100 DOLLARS ($__________) executed by Grantee, payable to the order of ___________“Property”). The note Property is secured by a vendor’s lien retained in this deed and by a deed of trust of even date from Grantee to ___________________, trustee. Property (including any improvements): [insert Property Description] Reservations from Conveyance: None. Exceptions to Conveyance and Warranty: Liens described as part of the Consideration and any other liens described in this deed as being either assumed or conveyed subject to which title is taken; validly existing all taxes and other assessments not yet due and payable, reservations in patents, all easements, rights-of-rights of way, encumbrances, liens, covenants, conditions, restrictions, obligations and prescriptive rights, whether liabilities as may appear of record or not; all presently recorded and validly existing instruments, other than conveyances of the surface fee estate, that affect the Property; and taxes for 2010, which Grantee assumes and agrees to payrecord, and subsequent assessments for all matters that an inspection or survey would disclose. The Grantor hereby binds itself and prior years due to change in land usage, ownership, or both, the payment of which Grantee assumes. [NOTE: This remains subject to modification based on review of title.] EXHIBIT “F” Grantor, for the Consideration and subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty, grants, sells, and conveys to Grantee the Property, together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee’s heirs, successors, and assigns forever. Grantor binds Grantor and Grantor’s heirs and its successors to warrant and forever defend the title as against all acts of the Grantor and singular the Property to Grantee and Grantee’s heirsanyone claiming by, successorsthrough or under Grantor, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof when the claim is byno other, through, or under Grantor but not otherwise, except as subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warrantymatters above set forth. When the context requires[Signature follows on next page] Dated: , singular nouns and pronouns include the plural. ___________________________2017 GRANTOR: SPIRIT MASTER FUNDING III, LLC, a Delaware limited liability company By: Spirit SPE Manager, LLC, a Delaware limited liability company, its manager By: Printed Name: Title: STATE OF _________________ TEXAS ) ) SS. COUNTY OF _______________ The foregoing instrument was acknowledged before me on DALLAS ) Before me, the ___ day of ___________, 20__ by the said ______________________________________ of _______________________________, a _____________. ________________________________________ undersigned Notary Public, State on this day of _____________ 2017, personally appeared , known to me to be the person whose name is subscribed to the foregoing instrument, and known to me to be the of Spirit SPE Manager, LLC, a Delaware limited liability company, the Manager of Spirit Master Funding III, LLC, a Delaware limited liability company, and acknowledged to me that he executed said instrument for the purposes and consideration therein expressed, and as the act of said limited liability company. Notary Public My Commission Expires: EXHIBIT “FAFORM Address of Real Estate: 000 Xxxx Xxxxxxxxx Xxxxx, Xxxxx, Illinois 61010 Tax Parcels ID Nos.: 00-00-000-000 and 05-32-227-001 Legal Description: ALSO: Send Future Tax Bills to: Attn: EXHIBIT C ASSIGNMENT AND ASSUMPTION OF XXXX FARM LICENSE AGREEMENT THIS ASSIGNMENT AND ASSUMPTION OF SALE AND ASSIGNMENT XXXX OF SALE AND ASSIGNMENT This Xxxx of Sale and Assignment FARM LICENSE AGREEMENT (this “Assignment”), dated __________, _____, is executed and delivered pursuant to that certain Real Estate Purchase Agreement (the “Purchase Agreement”) dated made as of _____[_ , 20102017] (“Effective D ate”), by and between __________________________________SPIRIT MASTER FUNDING III, LLC, a ________________________________ Delaware limited liability company (“SellerA entity] (“Assignee”). ssignor”), and __________________[ ], a ________________ (“Buyer”), concerning the real property described in Exhibit “A” attached hereto (the “Land”). All capitalized terms not otherwise defined herein shall have the same meanings given them in the Purchase Agreement.[state] [type of

Appears in 1 contract

Samples: Auction Purchase and Sale Agreement

SPECIAL WARRANTY DEED. Notice of confidentiality rights: If you are For Ten Dollars and other valuable consideration, DRI/CA TEMPE, LLC, a natural personDelaware limited liability company (the “Grantor”), you may remove or strike any or all of does hereby convey to [ ], LLC, a Delaware limited liability company (the following information from any instrument that transfers an interest “Grantee”), Grantor’s right, title, interest, and claims in and to the real property before it is filed for record and improvements situated in Maricopa County, Arizona, described on the public records: your Social Security number or your driver’s license number. Date: _________ ___attached Exhibit A, 2010 Grantor: together with the Grantor’s Mailing Address: Grantee: BC Development Co.right, a Missouri corporation Grantee’s Mailing Address: _______________________________________ Consideration: Cash title and a promissory note of even date interest, if any, in the principal amount of ____________________________________ AND NO/100 DOLLARS ($__________a) executed by Granteeall buildings, payable to the order of ___________. The note is secured by a vendor’s lien retained in this deed structures, and by a deed of trust of even date from Grantee to ___________________improvements now located thereon, trustee. Property (b) all development rights, credits, reimbursements, refunds, air rights, water, water rights (including any improvements): [insert Property Description] Reservations from Conveyance: None. Exceptions grandfathered groundwater or other groundwater or surface water rights), xxxxx and well rights, and water stock relating to Conveyance the real property, (c) rights to adjoining strips and Warranty: Liens described as part of the Consideration and any other liens described in this deed as being either assumed or subject to which title is taken; validly existing gores, streets, alleys, easements, rights-of-way, and prescriptive public ways, or other rights appurtenant, adjacent, or connected to the real property, (d) all oil rights, whether of record or not; all presently recorded and validly existing instrumentsgas rights, other than conveyances of the surface fee estateminerals, that affect the Property; and taxes for 2010mineral rights, which Grantee assumes and agrees to payoil, gas, and subsequent assessments for that other hydrocarbon substances in and prior years due to change in land usage, ownershipunder, or boththat may be produced from, the payment of which Grantee assumes. [NOTE: This remains subject real property, to modification based on review of title.] EXHIBIT “F” the extent owned by the Grantor, (e) all other rights, entitlements, easements, privileges, easements, obligations, and other appurtenances, hereditaments, permits, approvals, reversions, and remainders pertaining to such real property or used in connection therewith, and (f) all of Grantor’s rights in any unpaid award for damage by reason of any condemnation proceedings or change of grade of any highway, street, road or avenue; SUBJECT ONLY TO THOSE MATTERS SET FORTH ON EXHIBIT B ATTACHED HERETO. Grantor warrants title against the Consideration and acts of Grantor only, subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warrantymatters above set forth. DATE: , grants2021 GRANTOR: DRI/CA TEMPE, sells, and conveys to Grantee the Property, together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee’s heirs, successors, and assigns forever. Grantor binds Grantor and Grantor’s heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee’s heirs, successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof when the claim is by, through, or under Grantor but not otherwise, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty. When the context requires, singular nouns and pronouns include the plural. ___________________________LLC, a Delaware limited liability company By: Name: TitleIts: Authorized Signatory ACKNOWLEDGMENT STATE OF _________________ ILLINOIS ) ) ss COUNTY OF _______________ The foregoing XXXX ) On December , 2021, before me, a Notary Public in and for the State of Illinois, appeared , personally known to me to be the person whose name is subscribed to the within instrument was and acknowledged before to me that he executed the same in his capacity as an Authorized Signatory, and that by his signature on the ___ day instrument, executed the instrument. Notary Signature (Space above for official notarial seal) Name of ___________, 20__ by the said ______________________________________ Document: Special Warranty Deed Other signers: None Total No. of _______________________________, a _____________. ________________________________________ Notary Public, State of _____________ Pages: 3 EXHIBIT “F” A Legal Description EXHIBIT B Permitted Exceptions EXHIBIT D FORM OF XXXX OF SALE AND ASSIGNMENT XXXX OF SALE AND ASSIGNMENT This Xxxx of Sale and Assignment KNOWN ALL MEN BY THESE PRESENTS, that DRI/CA TEMPE, LLC, a Delaware limited liability company (hereinafter called AssignmentGrantor”), dated __________in consideration of Ten Dollars ($10.00) and other good and valuable consideration paid to it by , _____a Delaware limited liability company (hereinafter called “Grantee”), the receipt and sufficiency of which is executed hereby acknowledged, does hereby grant, bargain, sell, transfer, quit claim and delivered pursuant deliver unto the Grantee, their successors and assigns, all of Grantor’s right, title and interest in and to the items of “Personal Property” defined in that certain Real Estate Purchase Sale Agreement (the “Purchase Agreement”) dated as of _____, 20102021 (as amended, the “PSA”) by and between __________________________________Grantor, a ________________________________ as seller, and Grantee, as purchaser, except for the Excluded Property, including, without limitation, those items listed on Exhibit A attached hereto (collectively, the SellerPersonal Property”), and __________________, a ________________ (“Buyer”), concerning presently located at the real property described commonly known as 0000 X. Xxxxxx Xxxxxxxxx in Exhibit “A” attached hereto (the “Land”). All capitalized terms not otherwise defined herein shall have the same meanings given them in the Purchase AgreementTempe, Arizona.

Appears in 1 contract

Samples: Real Estate Sale Agreement (Invesco Real Estate Income Trust Inc.)

SPECIAL WARRANTY DEED. Notice of confidentiality rights: If you are a natural personHolland Breckenridge Apartment Homes, you may remove or strike any or all of the following information from any instrument that transfers an interest in real property before it is filed for record in the public records: your Social Security number or your driver’s license number. Date: _________ ___, 2010 Grantor: Grantor’s Mailing Address: Grantee: BC Development Co.LLC, a Missouri corporation Grantee’s Mailing Address: _______________________________________ Consideration: Cash and a promissory note of even date in the principal amount of ____________________________________ AND NO/100 DOLLARS ($__________) executed by Grantee, payable to the order of ___________. The note is secured by a vendor’s lien retained in this deed and by a deed of trust of even date from Grantee to ___________________, trustee. Property (including any improvements): [insert Property Description] Reservations from Conveyance: None. Exceptions to Conveyance and Warranty: Liens described as part of the Consideration and any other liens described in this deed as being either assumed or subject to which title is taken; validly existing easements, rights-of-way, and prescriptive rights, whether of record or not; all presently recorded and validly existing instruments, other than conveyances of the surface fee estate, that affect the Property; and taxes for 2010, which Grantee assumes and agrees to pay, and subsequent assessments for that and prior years due to change in land usage, ownership, or both, the payment of which Grantee assumes. [NOTE: This remains subject to modification based on review of title.] EXHIBIT “F” Grantor, for the Consideration and subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty, grants, sells, and conveys to Grantee the Property, together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee’s heirs, successors, and assigns forever. Grantor binds Grantor and Grantor’s heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee’s heirs, successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof when the claim is by, through, or under Grantor but not otherwise, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty. When the context requires, singular nouns and pronouns include the plural. ___________________________, a By: Name: Title: STATE OF _________________ COUNTY OF _______________ The foregoing instrument was acknowledged before me on the ___ day of ___________, 20__ by the said ______________________________________ of _______________________________, a _____________. ________________________________________ Notary Public, State of _____________ EXHIBIT “F” FORM OF XXXX OF SALE AND ASSIGNMENT XXXX OF SALE AND ASSIGNMENT This Xxxx of Sale and Assignment Delaware limited liability company (“AssignmentGrantor”), dated __________, _____, is executed conveys and delivered pursuant specially warrants to that certain Real Estate Purchase Agreement (the “Purchase Agreement”) dated as of _____, 2010, by and between __________________________________, a _______________________ (“Grantee”), the real property described on Exhibit A attached hereto and incorporated herein (the “Property”), together with, all and singular, the tenements, hereditaments, easements, rights-of-way and appurtenances belonging or in anywise appertaining to the same, and the improvements thereon, free of encumbrances created or suffered by Grantor except as set forth in Exhibit B attached hereto and incorporated herein (the “Permitted Encumbrances”). The true and actual consideration for this transfer is $____________. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING FEE TITLE SHOULD INQUIRE ABOUT THE PERSON’S RIGHTS, IF ANY, UNDER ORS 195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007, SECTIONS 2 TO 9 AND 17, CHAPTER 855, OREGON LAWS 2009, AND SECTIONS 2 TO 7, CHAPTER 8, OREGON LAWS 2010. THIS INSTRUMENT DOES NOT ALLOW USE OF THE PROPERTY DESCRIBED IN THIS INSTRUMENT IN VIOLATION OF APPLICABLE LAND USE LAWS AND REGULATIONS. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY THAT THE UNIT OF LAND BEING TRANSFERRED IS A LAWFULLY ESTABLISHED LOT OR PARCEL, AS DEFINED IN ORS 92.010 OR 215.010, TO VERIFY THE APPROVED USES OF THE LOT OR PARCEL, TO DETERMINE ANY LIMITS ON LAWSUITS AGAINST FARMING OR FOREST PRACTICES, AS DEFINED IN ORS 30.930, AND TO INQUIRE ABOUT THE RIGHTS OF NEIGHBORING PROPERTY OWNERS, IF ANY, UNDER ORS 195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007, SECTIONS 2 TO 9 AND 17, CHAPTER 855, OREGON LAWS 2009, AND SECTIONS 2 TO 7, CHAPTER 8, OREGON LAWS 2010. [Signature Page Follows] Dated this ______ day of _________, 2016. GRANTOR: Holland Breckenridge Apartment Homes, LLC, a Delaware limited liability company By: Holland 191 II LLC, a Delaware limited liability company, its sole Member and Manager By: Holland Partners 191 II, LLC, a Washington limited liability company, its Manager By: Holland Partners Management, LLC, a Washington limited liability company, its Manager By: Holland Partner Group Management, Inc., a Delaware corporation, its Manager By: Name: Title: STATE OF WASHINGTON ) ) ss. COUNTY OF XXXXX ) I certify that I know or have satisfactory evidence that __________________ (“Seller”)is the person who appeared before me, and said person acknowledged that he signed this instrument, on oath stated that he was authorized to execute the instrument and acknowledged it as the ___________________ of Holland Partner Group Management, Inc. to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. Dated the _____ day of ___________________, 2016. Notary Public for Washington My Appointment Expires: EXHIBIT A LEGAL DESCRIPTION A tract of land situated in the Southwest one-quarter of Section 1, Township 1 South, Range 1 West of the Willamette Meridian, in the County of Washington and State of Oregon, more particularly described as follows: Commencing at the Northwest corner of the Xxxxxxx Xxxxxxx Donation Land Claim No. 62; thence South 0°35'39" East along the West line of said Donation Land Claim a distance of 1510.36 feet to the true point of beginning of the tract herein to be described; thence North 88°51'57" East, 279.04 feet to the Southwest corner of that certain tract described in Deed to Max H. and Xxxxxxxx X. Xxxxxxx, recorded in Book 364, page 399; thence North 1°11 '39" West along the West line of said Xxxxxxx Tract 1041.95 feet to a point which lies 45.00 feet Southeasterly of, when measured at right angles to, the centerline of X.X. Xxxxxx Road; thence parallel with and 45.00 feet Southeasterly of said centerline, along the arc of a 909.93 foot radius curve to the right, through a central angle of 19°11'46" an arc distance of 304.86 feet (the chord bears North 57°05'09" East, 303.43 feet); thence parallel with and 45.00 feet Southeasterly of said centerline, North 66°41'02" East, 384.93 feet; thence parallel with and 45.00 feet Southeasterly of said centerline along the arc of a 999.93 foot radius curve to the left, through a central angle of 0°10'22", an arc distance of 3.01 feet (the chord bears North 66°35'52" East, 3.01 feet) to the West line of SYLVAN HEIGHTS CONDOMINIUM; thence South 1°38'17" East along said West line 616.76 feet to an iron pipe; thence North 78°22'55" East 134.59 feet; thence South 1°15'42" East along the West line of SYLVAN HEIGHTS CONDOMINIUM 930.63 feet; thence South 89°02'08" West 239.08 feet to a stone monument; thence North 89°13'08" West a distance of 797.71 feet to a point in the West line of the Xxxxxxx Xxxxxxx Donation Land Claim; thence North 0°35'39" West along said West line 147.29 feet to the point of beginning. EXCEPTING THEREFROM, any portion lying within the boundary of X.X. Xxxxxx Road. ALSO EXCEPTING THEREFROM that portion granted to the State of Oregon, by and through its Department of Transportation by final order, Xxxxxxxxxx Xxxxxx Xxxxxxx Xxxxx Xxxx Xx. X00- 0000XX entered June 30, 1993. EXHIBIT B PERMITTED EXCEPTIONS EXHIBIT D XXXX OF SALE KNOW ALL MEN BY THESE PRESENTS, that Holland Breckenridge Apartment Homes, LLC, a Delaware limited liability company ("Seller") in consideration of Ten and 00/00 Dollars ($10.00), the receipt and sufficiency of which is hereby acknowledged, does hereby sell, assign, transfer, quit claim and set over unto ______________, a _______________ ("Purchaser") all furniture, furnishings, fixtures, equipment and other personal property set forth on Exhibit A attached hereto and made a part hereof (the "Personal Property") located at, on and about the real estate located at 0000 XX Xxxxxx Road, Portland, Oregon, 97225, and commonly known as the Breckenridge Apartments, which is legally described in the Agreement, as hereinafter defined (the "Premises"). TO HAVE AND TO HOLD the Personal Property unto Purchaser and Purchaser's heirs, legal representatives, successors and assigns forever. ALL WARRANTIES OF QUALITY OF FITNESS FOR A PARTICULAR PURPOSE AND MERCHANTABILITY ARE EXPRESSLY EXCLUDED. THE PERSONAL PROPERTY SOLD HEREUNDER IS SOLD IN "AS IS" CONDITION WITHOUT ANY REPRESENTATION OR WARRANTY BY SELLER. Any liability of Seller hereunder shall be limited as set forth in Section 19 of that certain Agreement of Purchase and Sale between Seller and Purchaser dated _____________ (“Buyer”)___, concerning the real property described in Exhibit “A” attached hereto 2016 (the “Land”"Agreement"). All capitalized terms not otherwise defined herein shall have the same meanings given them in the Purchase Agreement.[Signature Page Follows]

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Resource Real Estate Opportunity REIT II, Inc.)

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SPECIAL WARRANTY DEED. Notice At closing, Seller shall give Buyer a special warranty deed to the Dwelling Unit, subject to the Permitted Exceptions. Buyer will also receive the following documents at closing: 1) a Bill of confidentiality rightsSale for any appliances included in the Dwelling Unit, 2) Seller's form of Owner's (“no lien”) Affidavit, 3) FIRPTA (non-foreign) affidavit, and 4) Acknowledgment, Receipt and Compliance Agreement and Closing Agreement prepared by Seller’s counsel. When Xxxxx receives the special warranty deed at closing, Buyer will sign any other documents that Seller and or its counsel deems necessary or appropriate. Title, for all purposes, shall be deemed insurable and otherwise acceptable hereunder if Xxxxxx is able to deliver a commitment for an owner's title insurance policy for the Dwelling Unit subject only to the permitted exceptions set forth herein. If Seller cannot provide the quality of title described above, Seller will have a reasonable period of time (at least sixty (60) days) to use good faith efforts to correct any defects in title. If Seller cannot correct the title defects within such time, Buyer will have two options: If you are (a) Buyer can accept title in the condition Seller offers it without any reduction in the Total Purchase Price, or (b) Buyer can cancel this Agreement and receive a natural personfull refund of its deposits. Seller will be relieved of all obligations under this Agreement (and otherwise) when Seller refunds the deposits to Buyer. At the same time Xxxxx receives the special warranty deed, you may remove or strike any or all Xxxxx agrees to pay the balance of the following information from Total Purchase Price and any instrument additional amounts owed under this Agreement. Until all sums have been received and cleared, Seller will be entitled to a vendor's lien on the Dwelling Unit (which Buyer will grant to Seller in writing at closing at Seller's request). Notwithstanding that transfers an interest in real property before it Xxxxx is filed for record obligated to pay "all-cash" hereunder, in the public records: your Social Security number or your driver’s license number. Date: _________ ___, 2010 Grantor: Grantor’s Mailing Address: Grantee: BC Development Co., event Buyer is obtaining financing with the assistance of a Missouri corporation Grantee’s Mailing Address: _______________________________________ Consideration: Cash Federally-related mortgage loan and a promissory note of even date in the principal amount of ____________________________________ AND NO/100 DOLLARS ($__________) executed by Grantee, payable this transaction is otherwise subject to the order of ___________. The note is secured by a vendor’s lien retained in this deed and by a deed of trust of even date from Grantee to ___________________, trustee. Property (including any improvements): [insert Property Description] Reservations from Conveyance: None. Exceptions to Conveyance and Warranty: Liens described as part rules of the Consideration Consumer Finance Protection Board ("CFPB"), Buyer shall have the right to obtain a title insurance commitment and policy for the Dwelling Unit from its own sources rather than to receive same from Seller. In the event that Buyer elects to obtain a title insurance commitment and policy for the Dwelling Unit from its own sources rather than to receive same from Seller, (i) Buyer must provide Seller with written notice of same at least thirty (30) days after Buyer signs this Agreement, (ii) Seller shall have no obligation to provide a title insurance commitment or any other liens described in this deed as being either assumed or subject evidence of title to which title is taken; validly existing easementsBuyer, rights-of-way, and prescriptive rights, whether of record or not; all presently recorded and validly existing instruments, other than conveyances of the surface fee estate, that affect the Property; and taxes for 2010, which Grantee assumes and agrees (iii) Seller will have no obligation to pay, and subsequent assessments Buyer shall be responsible for that and prior years due to change in land usage, ownership, or bothpayment of, the payment title insurance premiums, and (iv) Buyer shall, no later than five (5) business days prior to closing (the "Objection Deadline"), notify Seller in writing if title is not in the condition required by this Agreement and specify in detail any defect (i.e., any matters which make title other than in the condition pursuant to which same is required to be conveyed to Buyer), provided that if Buyer fails to give Seller written notice of which Grantee assumes. [NOTE: This remains defect(s) before the expiration of the Objection Deadline, the defects shall, anything in this Agreement notwithstanding, be deemed to be waived as title objections to closing this transaction and Seller shall be under no obligation whatsoever to take any corrective action with respect to same, and title to the Dwelling Unit shall be conveyed subject to modification based on review of titlesame.] EXHIBIT “F” Grantor, for the Consideration and subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty, grants, sells, and conveys to Grantee the Property, together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee’s heirs, successors, and assigns forever. Grantor binds Grantor and Grantor’s heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee’s heirs, successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof when the claim is by, through, or under Grantor but not otherwise, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty. When the context requires, singular nouns and pronouns include the plural. ___________________________, a By: Name: Title: STATE OF _________________ COUNTY OF _______________ The foregoing instrument was acknowledged before me on the ___ day of ___________, 20__ by the said ______________________________________ of _______________________________, a _____________. ________________________________________ Notary Public, State of _____________ EXHIBIT “F” FORM OF XXXX OF SALE AND ASSIGNMENT XXXX OF SALE AND ASSIGNMENT This Xxxx of Sale and Assignment (“Assignment”), dated __________, _____, is executed and delivered pursuant to that certain Real Estate Purchase Agreement (the “Purchase Agreement”) dated as of _____, 2010, by and between __________________________________, a ________________________________ (“Seller”), and __________________, a ________________ (“Buyer”), concerning the real property described in Exhibit “A” attached hereto (the “Land”). All capitalized terms not otherwise defined herein shall have the same meanings given them in the Purchase Agreement.

Appears in 1 contract

Samples: Agreement

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