Fill and Sign the This Day This Agreement is Entered into by and between Form

Contract for Deed THIS DAY this Agreement is entered into by and between _________________ _________________ (Names of Sellers), hereinafter referred to as Seller, whether one or more, and ___________________________________ (Names of Purchasers), hereinafter referred to as Purchaser, whether one or more, on the terms and conditions and for the purposes hereinafter set forth: 1. Sale of PropertyFor and in consideration of Ten Dollars ($10.00) and other good and valuable considerations the receipt and sufficiency of which is hereby acknowledged, Seller does hereby agree to convey, sell, assign, transfer and set over unto Purchaser, the following Property (the Property) situated in ________________ (Name of County), __________________ (Name of State), said Property being described in Exhibit A attached hereto and made a part hereof. Together with all rights of ownership associated with the Property, including, but not limited to, all easements and rights benefiting the Property, whether or not such easements and rights are of record, and all tenements, hereditaments, improvements and appurtenances, including all lighting fixtures, plumbing fixtures, shades, venetian blinds, curtain rods, storm windows, storm doors, screens, and awnings, if any, now on the Property. Subject to all recorded easements, rights-of-way, conditions, encumbrances and limitations and to all applicable building and use restrictions, zoning laws and ordinances, if any, affecting the Property. 2. Purchase Price and TermsThe purchase price of the Property shall be $_____________. The Purchaser does hereby agree to pay to the order of the Seller the sum of $_____________ upon execution of this Agreement, with the balance of $_____________ being due and payable as follows: (Select one) [ ] A. Balance payable in ________ (number) monthly installments of $_____________ each, with the first installment being due and payable on the _____ day of ______________, 20_____, and a like payment on the first day of each month thereafter until the ____ day of _____________, 20_____, when the final payment shall be due. No interest shall be charged on the unpaid balance. [ ] B. Balance payable, together with interest on the whole sum that shall be
(percent) a month, until , when payment in full must be made or the balance must be paid with interest. C. Balance payable in each, month, with the first installment due and payable on (date) 20 (date), and a like payment on each (date) following month until payment in full must be made or the balance must be paid with interest. D. Any unpaid balance due as of such date may be collected at the option of the purchaser, in the manner provided by law, or may be foregone in full. E. Payment of any portion of the balance due on any particular date shall be taken as acceptance thereof, with an interest charge equal to, % per annum on any remaining balances. [ ] f. A lodging, furnish- ING, repairs, and maintenance charges not to exceed 10% per month on the balance outstanding at that date. [ ] g. Transfer of title and the right to make liens thereon shall be subject to any restrictions, limitations and conditions as may be applicable to any subsequent title registration filed on or after such date, and any other applicable registration, for which a lien is perfected. For purposes of lien, all liens heretofore imposed are deemed to be released. [ ] h. A lien is hereby placed on the property pursuant to section 13-1724 or 13-1725 of the local government code. [ ] i. Liens and escrows may also exist against the buyer's principal dwelling unit and each residential improvement as set forth in this paragraph (h). [ ] j. The buyer shall pay any other obligations incurred on the property in satisfaction of this agreement in a manner to be agreed to between the parties as provided in said agreement, which payment shall be on an installment or installments basis, as provided by law, and shall be made in accordance with the terms of section 1512. [ ] k. The buyer of the property consents to inspection of the property, in the manner provided by law, at the direction of the state law enforcement officer prior to taking possession, as provided in section 13-1716 of the local government code. [ ] l. No fee or charge shall be assessed to the buyer for obtaining such inspection, or for any other documents or records required for such inspection, except as provided in section 13-1709 of the local government code. [ ] m. All amounts owed pursuant to agreement executed under this agreement with respect to any installment shall accrue interest at the.