TERMS: 10%
down payment on October 13, 2009. Balance to be paid on or before November
13, 2009 upon delivery of merchantable abstract and deed.
POSSESSION: November 13, 2009.
REAL ESTATE TAXES: To be prorated to date of possession on the basis
of the last available tax statement. Seller shall pay any unpaid real estate
taxes payable in prior years.
Inclusions: LP
gas tank, freezer, washer, dryer, refrigerator, stove, microwave.
Reservations: All personal property.
The following taxes are approximate and will
be used to prorate at closing:
Gross Taxes:
$1487.00
Homestead Credit: $110.00
Net Taxes: $1377.00
Assessed value: $83,803.00
Special Provisions:
~ This real estate is selling subject
to public road easements and all other easements of record.
~ The buyer shall be responsible for any perimeter fencing in accordance
with Iowa state law.
~ It shall be the obligation of the seller to update the septic system according
to the rules governing in Henry County.
~ The buyer shall reimburse the seller for the remaining LP gas in tank
at the current rate on day of closing.
~ If in the future a site clean up is required it shall be at the expense
of the buyer.
~ The buyers acknowledge that they have carefully and thoroughly inspected
the real estate and are familiar with the premises. The buyers are buying
this real estate in "as is" condition and there are no expressed
or implied warranties pertaining to the same. | 
