Fill and Sign the This Agreement Made and Entered into This by and between Form

REAL ESTATE PURCHASE CONTRACT THIS AGREEMENT, made and entered into this _____________________ by and between __________________________________________, hereinafter referred to as "Seller," and __________________________________________, hereinafter referred to as "Buyer." WITNESSETH: That for and in consideration of the mutual promises, covenants and payments hereinafter set out, the parties hereby contract with each other, as follows: 1. I, ___________________________, Seller agrees to sell and convey to Buyer by a good and sufficient warranty deed, the following described real property, situated in ________ ______ County, ______________, to -wit: ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________ ________________________ ________________________________________________________________________________ 2. Buyer agrees to purchase, and pay to Seller, as consideration for the conveyance of the above described real property, the sum of __________ Dolla rs in manner following, to -wit: ________________________________________________________________________________ ________________________________________________________________________________ _______________________________________________________________ _________________ 3. Seller shall furnish a title insurance company's commitment to insure, to the above described real property, showing a merchantable title vested in the Seller, subject to: ______________. The commitment shall be sent to ___________ _________________ for examination by Buyer as promptly and expeditiously as possible. Seller shall have a reasonable after the commitment has been examined in which to correct any defects in title. 4. Buyer agrees to and does hereby deposit with the sum of __________ Dollars ($______________, earnest money, as a guarantee that the terms and conditions of this contract shall be fulfilled by Buyer, said deposit to be applied on the purchase price upon acceptance of title by the Buyer and delivery of deed by the Seller. In the event the Buyer shall fail to fulfill ________ obligation hereunder, the Seller may, at option, cancel this agreement, and there upon the aforementioned deposit shall become the property of the Seller, not as a penalty but as liquidated damages. In the event Seller is unable to furnish merchantable title, the earnest money deposited shall be returned to Buyer, and this Agreement shall be null and void and of no further force and effect. 5. It is further agreed by and between the partie s hereto that all rentals, insurance (if policies acceptable to Buyer) and interest, if any, shall be adjusted and prorated as of ____________________________. Taxes shall be prorated for calendar year on the basis of taxes levied, or for prior year. 6. Seller agrees to convey the above described premises with all improvements located thereon and deliver possession of the same in the same condition as they now are, reasonable wear and tear excepted. 7. Time is of the essence of this contract and this tr ansaction shall be consummated on or before 8. Possession to be given to Buyer on or before after closing. 9. The total cost of the commitment to insure and the title insurance policy will be paid ________ percent by Seller and percent by Buyer. WITNESS OUR HANDS AND SEALS the day and year first above written. ____________________________ ____________________________ Buyer Seller ____________________________ ____________________________ SS No. SS No. ________________________ ____ ____________________________ Buyer Seller ____________________________ ____________________________ SS No. SS No.