Fill and Sign the Contract of Sale of Commercial Propertycommercial Buildingwith Seller Financing Secured by Mortgage and Security Agreement Form

Contract to Sell Commercial Property with Commercial Building - Seller Financing Secured by Mortgage and Security Agreement Agreement made on the _______________________ (date), between ________________________ (Name of Seller) of ___________________________________ _____________________________________ (street address, city, county, state, zip code), referred to herein as Seller, and _______________________________ (Name of Purchaser), a corporation organized and existing under the laws of the state of _______________, with its principal office located at ________________________________________________________ _____________________________________ (street address, city, county, state, zip code), referred to herein as Purchaser. For and in consideration of the mutual covenants contained in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Purchaser agrees to purchase at a price of $______________, on the terms set forth in this Agreement, the following-described real estate, located at __________________________ ____________________________________________________________________________ (street address, city, county, state, zip code), and described as follows: (Legal Description of Property) ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Together with the personal property listed in Exhibit A attached hereto and made a part hereof. Said real estate and personal property are hereafter sometimes referred to as Property. 2. Seller agrees to sell the Property at the price and terms set forth in this Agreement, and to convey or cause to be conveyed to Purchaser title to the Property by general warranty deed and an appropriate bill of sale, subject only to: A. Covenants, conditions, and restrictions of record; B. Private, public, and utility easements and roads and highways; C. Any party wall rights and agreements;
Any and all warranties of title to or any deposit or deposits thereon; d. Any lien upon the property or against the real estate; e. No liens or encumbrances upon or against any fixtures, appurtenances, fixtures or fixtures and appurtenances; f. Any obligations or promises for performance against any person; g. Any obligations or promises for performance against any vendor and the vendor's obligations against any party or parties other than purchaser; and h. The party's obligation for and the proceeds thereof or any fees, taxes, or penalties due and payable thereon or payable in any other property of the party. Seller shall deliver to purchaser the real and personal property purchased by purchaser and pay for the sale of the property as of the date hereof. 3. Purchaser agrees to pay seller pursuant to the terms of this agreement, within fifteen (15) days of the dates hereof, or such longer period or amounts of time thereafter as may be agreed upon by the parties. Notwithstanding the foregoing, seller may accept a payment on or after the date hereof of ten thousand dollars (10,000) or more within fifteen (15) days of the date hereof or such longer period or amounts of time thereafter as may be agreed upon by the parties, provided, however, that seller must retain the balance of the payments received on or after the date hereof. All amounts received or paid by purchaser shall become due and payable at the times and to the parties as provided herein, and purchaser shall not be entitled to claim a refund in any sale. 4. No provision or provision hereof shall be construed as an agreement or waiver of the provisions of any provision of any other agreement, unless there is an express so- city for such agreement or provision. 5. This contract and the sale and settlement documents hereto annexed or thereto attached shall be binding upon the entire sales community or sales partnership and purchaser as purchasers and seller as sellers, respectively, and shall be a part of and shall be construed and shall be governed by, and the rights and obligations hereunder and the performance and conduct thereof and the rights and obligations of or arising therefrom to be determined and determined by, the provisions of this contract and the agreement or documents hereto annexed or thereto connected with this contract and the agreement or documents hereto connected and executed hereunder and all other written covenants, agreements, understandings, representations, warranties and conditions not inconsistent with or in conflict with the requirements of this.