TERMS: 10%
down payment on October 26, 2009. Balance to be paid on or before November
25, 2009 upon delivery of merchantable abstract and deed.
POSSESSION: November 25, 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.
The following taxes are approximate & will be used to prorate
at closing.
Gross Taxes: $1507.98
Homestead: $126.11
Net Taxes: $1,382.00
Assessed Value: $101,020.00
Inclusions: Stove, dishwasher, hot tub.
Reservations: LP tank owned by Yarmouth Oil
Special Provisions:
~ This real estate is selling subject to public road easements
and all other easements of record.
~ Any repairs, upgrades, improvements or necessary work required to the
septic system shall be done at the buyer's expense and buyer shall hold
harmless the seller there from.
~ The buyer shall be responsible for any perimeter fencing in accordance
to Iowa state law.
~ If in the future a site clean up is required it shall be at the expense
of the buyer.
~ The buyer(s) acknowledge that they have carefully and thoroughly inspected
the real estate & are familiar with the premises. The buyers are buying
this real estate in "as is" condition with no expressed or implied
warranties pertaining to the same. |