[{"id":"70817492-bde9-4e92-8c2a-12929e3bf5bd","order":1,"text":"LAND CONTRACT","fontSize":"20","textAlign":"center","bold":true,"underline":false,"marginBottom":"5","cflou":false,"active":true},{"id":"a3a317a3-b5a5-42f9-af00-1369b3a95812","order":2,"text":"(CONTRACT FOR DEED)","fontSize":"16","textAlign":"center","bold":true,"underline":false,"marginBottom":"5","cflou":false,"active":true},{"id":"a0187570-5259-471f-b21f-c25a21dfdac4","order":3,"text":"Installment contract for the sale and purchase of real property, with the seller retaining legal title as security until payment in full","fontSize":"14","textAlign":"center","bold":false,"underline":false,"marginBottom":"30","cflou":false,"active":true},{"id":"dca793c7-075f-4fda-bb90-ab0e7dd85ec1","order":4,"text":"IMPORTANT NOTICE TO THE BUYER: UNDER THIS CONTRACT THE BUYER DOES NOT RECEIVE LEGAL TITLE TO THE PROPERTY UNTIL THE PURCHASE PRICE HAS BEEN PAID IN FULL. THE SELLER KEEPS RECORDED LEGAL TITLE AS SECURITY. IF THE BUYER FAILS TO MAKE THE PAYMENTS REQUIRED, THE BUYER MAY LOSE THE PROPERTY AND EVERY SUM ALREADY PAID. THE BUYER IS ADVISED TO RECORD THIS CONTRACT, TO OBTAIN A TITLE SEARCH AND A POLICY OF TITLE INSURANCE, AND TO CONSULT AN ATTORNEY BEFORE SIGNING.","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"25","cflou":false,"active":true},{"id":"d71883ba-f320-4ca4-b4ad-4feb80a062f5","order":5,"text":"This Land Contract, also called a contract for deed (this \"Contract\"), is made and entered into on [Effective date] (the \"Effective Date\"), by and between:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"15","cflou":false,"active":true},{"id":"e4106612-1202-4fec-b3d7-d2337f4f84bc","order":6,"text":"SELLER","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"5","cflou":false,"active":true},{"id":"8e281055-3fa5-4fab-ae89-8097d43e246e","order":7,"text":"[Seller full legal name], whose mailing address is [Street address], [City, State and ZIP code], and whose email address is [Email address] (the \"Seller\"); and","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"15","cflou":false,"active":true,"displayConditions":[{"field":"cbf21b88-a554-4d16-9764-14bea02832e5","value":"individual","type":"add","operator":"="}]},{"id":"fbd32b34-5650-4465-a025-b271b041ebe2","order":8,"text":"[Legal name of the selling entity], a limited liability company organized and existing under the laws of the State of [State of organization], whose principal place of business is at [Principal street address], [City, State and ZIP code], and whose email address is [Email address], acting by and through its duly authorized representative (the \"Seller\"); and","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"15","cflou":false,"active":true,"displayConditions":[{"field":"cbf21b88-a554-4d16-9764-14bea02832e5","value":"entity","type":"add","operator":"="}]},{"id":"37b79042-9ce2-496d-b5d8-36617a1331ed","order":9,"text":"BUYER","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"5","cflou":false,"active":true},{"id":"e79d877e-556f-4cd6-bbe9-1c2da37ded27","order":10,"text":"[Buyer full legal name], whose mailing address is [Street address], [City, State and ZIP code], and whose email address is [Email address] (the \"Buyer\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"15","cflou":false,"active":true,"displayConditions":[{"field":"ab4eb04a-0521-476c-8e19-d340cd5010c6","value":"individual","type":"add","operator":"="}]},{"id":"a11340fe-a9f2-42f0-beda-26abc739c11b","order":11,"text":"[Legal name of the buying entity], a limited liability company organized and existing under the laws of the State of [State of organization], whose principal place of business is at [Principal street address], [City, State and ZIP code], and whose email address is [Email address], acting by and through its duly authorized representative (the \"Buyer\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"15","cflou":false,"active":true,"displayConditions":[{"field":"ab4eb04a-0521-476c-8e19-d340cd5010c6","value":"entity","type":"add","operator":"="}]},{"id":"f442b008-c5d2-42bc-a5dc-df513c79f5d8","order":12,"text":"The Seller and the Buyer are referred to in this Contract individually as a \"Party\" and together as the \"Parties\".","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"a30735f4-4156-4079-a459-ce170a6dd91d","order":13,"text":"RECITALS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"6fe7efe8-5888-4843-ac96-4d71db0ed495","order":14,"text":"A. The Seller is the owner in fee simple of the real property described in this Contract, together with all improvements located on it (the \"Property\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c721e77d-8ae4-47bb-8b69-18d0ad85f637","order":15,"text":"B. The Buyer wishes to purchase the Property from the Seller, and the Seller wishes to sell the Property to the Buyer, on an installment basis, on the terms and conditions set out below.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f93f9d47-b66e-4194-873e-9e1df53d161f","order":16,"text":"C. The Parties intend that legal title to the Property remain vested in the Seller as security for payment of the purchase price, that the Buyer acquire equitable title and the right of possession, and that the Seller convey legal title to the Buyer upon payment in full of all sums due under this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"0eee8dfc-b237-4bde-a669-edce37f48288","order":17,"text":"NOW, THEREFORE, in consideration of the mutual covenants and promises set out in this Contract, and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, the Parties agree as follows.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"baf66781-402a-4a3c-94fd-3244e70a2f9d","order":18,"text":"1. AGREEMENT TO SELL AND PURCHASE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S01"},{"id":"95b8d712-a129-48a2-b68e-98b55faa48af","order":19,"text":"The Seller agrees to sell and convey the Property to the Buyer, and the Buyer agrees to purchase the Property from the Seller, for the price and upon the terms and conditions set out in this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"79951384-15ec-4590-9098-aabcc6e54186","order":20,"text":"This Contract is an executory contract for the conveyance of real property. Legal title to the Property remains vested in the Seller until the purchase price and all other sums payable under this Contract have been paid in full. The Buyer holds equitable title to the Property from the Effective Date and is entitled to possession of the Property as provided below.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"016f7279-cf3f-4215-822d-8ebb9da95dab","order":21,"text":"The Buyer's interest under this Contract is an interest in real property. The Seller's retained title is held as security for payment of the sums due, and the Seller is not entitled to retain legal title once payment in full has been made.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f1b9e023-8aed-414a-97fb-0c3303c5e23a","order":22,"text":"2. THE PROPERTY","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S02"},{"id":"b802d041-dd10-41a3-81fb-f55e8c63e315","order":23,"text":"The Property is located at [Street address of the Property], [City], [County] County, Alabama [ZIP code], and is identified by tax parcel or assessor's parcel number [Tax parcel number].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f3b2323f-f7a6-41f5-add1-9847992cc545","order":24,"text":"The Property is more particularly described in Exhibit A (Legal Description), which is attached to and forms part of this Contract. If the street address and the legal description are inconsistent, the legal description prevails.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"7129b91d-eb66-4a35-a3bc-7d5eb05b7786","order":25,"text":"The Property includes all buildings, structures and improvements now or hereafter located on the land, together with all fixtures, easements, rights of way, appurtenances, and all right, title and interest of the Seller in any adjoining street, alley or right of way, except to the extent expressly reserved in writing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"99128cd5-8eba-4cc7-be0f-93120695d874","order":26,"text":"The residential dwelling located on the Property was constructed before 1978.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"96e4832c-23eb-4d3b-bb6d-d65142e05c52","order":27,"text":"The following items of personal property are included in the sale and are transferred to the Buyer free of encumbrance on the Effective Date: [Personal property included].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4a9994ef-e695-400f-86d3-961ad345645a","order":28,"text":"The Buyer has inspected the Property, or has had a full opportunity to do so, and accepts the Property in its present condition, AS IS, WHERE IS and WITH ALL FAULTS, subject only to the representations, warranties and disclosures expressly made by the Seller in this Contract and to any disclosure required by applicable federal, state or local law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ea18d43f-b790-4399-b886-ade0eaceab72","order":29,"text":"3. PURCHASE PRICE AND TERMS OF PAYMENT","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S03"},{"id":"cda441bc-bc34-4b7a-b25c-2bab43f876d4","order":30,"text":"The total purchase price of the Property is $[Purchase price] (the \"Purchase Price\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"8ad9f4d5-5c44-42cf-bb09-9fad74aecdea","order":31,"text":"The Buyer has paid to the Seller, on or before the Effective Date, a down payment of $[Down payment], the receipt of which the Seller acknowledges.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"25bc35e9-0d81-46a6-a824-fd432fef50ef","order":32,"text":"The balance of the Purchase Price, in the principal sum of $[Principal balance financed] (the \"Principal Balance\"), is payable by the Buyer to the Seller with interest as provided below.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f399b100-9116-43b9-87cd-ad60fc7e4f98","order":33,"text":"Interest accrues on the unpaid Principal Balance from the Effective Date at the rate of [Interest rate]% per annum, computed on the basis of a 365-day year for the actual number of days elapsed.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"7c05e1e8-0621-46c9-8e44-0ea4ff406385","order":34,"text":"The Buyer shall pay the Principal Balance and interest in monthly installments of $[Monthly installment] each, payable on day [Day of month] of each calendar month, beginning on [Date of first installment] and continuing until [Maturity date] (the \"Maturity Date\"), when the entire unpaid balance of principal, accrued interest and every other sum due under this Contract becomes due and payable in full.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"bfe680e4-05ce-4194-b0a4-520caa4a6bbc","order":35,"text":"The monthly installments are calculated on an amortization schedule of [Amortization period in years] years and will not fully amortize the Principal Balance by the Maturity Date. On the Maturity Date the Buyer shall pay a single balloon payment equal to the entire remaining unpaid balance of principal and accrued interest, together with all other sums then due. THE BUYER UNDERSTANDS THAT A SUBSTANTIAL BALLOON PAYMENT WILL BE DUE ON THE MATURITY DATE AND THAT THE SELLER IS UNDER NO OBLIGATION TO REFINANCE THIS CONTRACT OR TO EXTEND THE MATURITY DATE.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"1bbbc823-5459-44a3-9480-abf727a6ab1d","value":"yes","type":"add","operator":"="}]},{"id":"04b8c99b-c1ff-4116-850c-31c3c61c3ef2","order":36,"text":"The monthly installments are calculated so as to amortize the Principal Balance in full, together with interest, by the Maturity Date. No balloon payment is due under this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"1bbbc823-5459-44a3-9480-abf727a6ab1d","value":"no","type":"add","operator":"="}]},{"id":"5f962edb-6c76-4928-a0fa-c72ee8ddd93c","order":37,"text":"Each payment is applied first to costs and sums advanced by the Seller under this Contract, then to late charges and default interest, then to accrued and unpaid interest, and the remainder to reduction of the Principal Balance.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"d9174d34-3bad-4666-8f62-c016a73d5caf","order":38,"text":"All payments are to be made in lawful money of the United States, without deduction, set-off or counterclaim, at the Seller's address stated in this Contract or at any other place or by any other method the Seller designates in writing. The Seller shall give the Buyer a receipt or written confirmation of each payment on request, and shall keep a true and complete record of all payments received and of the unpaid balance. On the Buyer's written request, and not more than once in any twelve-month period, the Seller shall deliver to the Buyer a written statement of the unpaid balance and of the sums credited to principal, interest, taxes and insurance.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"84ca3eba-6c7e-4996-8b61-d5916a5fc458","order":39,"text":"The Buyer may prepay all or any part of the unpaid Principal Balance at any time, without premium or penalty. A partial prepayment is applied to the installments last falling due and does not relieve the Buyer of the obligation to make each subsequent installment as it falls due, unless otherwise agreed in writing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"c60ba552-0379-4114-84fb-2d76aa2480a3","value":"no_penalty","type":"add","operator":"="}]},{"id":"d669c046-3ac4-41c5-a660-375d2c80c08d","order":40,"text":"The Buyer may prepay all or any part of the unpaid Principal Balance at any time, subject to the following prepayment charge: [Prepayment charge]. No prepayment charge is enforceable to the extent that it is prohibited or limited by applicable law. A partial prepayment is applied to the installments last falling due.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"c60ba552-0379-4114-84fb-2d76aa2480a3","value":"penalty","type":"add","operator":"="}]},{"id":"aed32b2c-86b8-4e63-bc72-116191ad03e4","order":41,"text":"4. LATE CHARGES, DEFAULT INTEREST AND USURY SAVINGS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S04"},{"id":"e6d0c219-9570-4ef9-8fd7-dbb82959f653","order":42,"text":"If an installment is not received by the Seller within [Grace period in days] days after its due date, the Buyer shall pay a late charge of [Late charge]. The late charge is a reasonable estimate of the administrative cost caused by the late payment, is not a penalty, and does not waive any other right of the Seller.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"0c99381e-2722-482e-9f1c-e04944530abc","order":43,"text":"Any sum not paid when due bears interest from its due date until paid at the rate of [Default interest rate]% per annum, or the maximum rate permitted by applicable law, whichever is less.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"72c8650a-6434-4daf-9e38-06a75737b298","order":44,"text":"The Parties intend to comply with all applicable usury laws. If any interest or charge payable under this Contract exceeds the maximum permitted by law, the excess is applied to reduction of the Principal Balance or, if the Principal Balance has been paid in full, refunded to the Buyer.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"456ceefc-e6b6-4287-a09d-fbe3e49a2ef1","order":45,"text":"5. SELLER FINANCING AND FEDERAL CONSUMER CREDIT COMPLIANCE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S05"},{"id":"8520cbf2-5a38-41c6-8c4a-4ce5aa822314","order":46,"text":"The credit extended by the Seller under this Contract is granted in reliance on the exclusion available to a seller who finances the sale of a dwelling that the seller owns, under the Truth in Lending Act and Regulation Z (12 C.F.R. § 1026.36(a)(4) and (a)(5)) and under the Secure and Fair Enforcement for Mortgage Licensing Act, as those provisions apply according to the number of properties financed by the Seller in any twelve-month period.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"76118fcc-6e50-4f8f-858a-db181f579a6b","order":47,"text":"The Seller represents that the Seller did not construct the dwelling on the Property in the ordinary course of a business of building homes, that the Seller has not exceeded any limit on the number of seller-financed transactions applicable to the exclusion relied on, and that the Seller has determined in good faith, on the basis of documentation supplied by the Buyer, that the Buyer has a reasonable ability to repay the sums due under this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ae345112-1e9e-4378-83c8-312dbbc56c07","order":48,"text":"The financing under this Contract does not provide for negative amortization. The rate of interest is fixed for the whole term and does not increase after the Effective Date.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f3f2f1f7-1d9d-4aae-ac29-26a56a7ca3cc","order":49,"text":"The Parties acknowledge that this Contract provides for a balloon payment. The Buyer has been advised that refinancing will probably be required in order to make that payment, that refinancing may not be available on acceptable terms or at all, and that neither the Seller nor any other person has undertaken to refinance this Contract or to extend the Maturity Date.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"1bbbc823-5459-44a3-9480-abf727a6ab1d","value":"yes","type":"add","operator":"="}]},{"id":"4fe513be-4c6f-48c9-bc5d-6c1aaa2ef249","order":50,"text":"Where this Contract is a consumer credit transaction secured by a dwelling, the Seller has given the Buyer, before the Buyer became obligated, every disclosure required by federal law, and shall give any further disclosure, statement or notice required during the term of this Contract. Nothing in this Contract waives a right conferred on the Buyer by federal consumer protection law, and any provision purporting to waive such a right is of no effect.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"32f7d69a-f4b9-418f-b289-7f7afd417902","order":51,"text":"6. TAXES, ASSESSMENTS AND INSURANCE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S06"},{"id":"19166e6f-f745-4852-9a88-fff664f9bd55","order":52,"text":"From the Effective Date the Buyer is responsible for all real property taxes, special assessments, utility charges, homeowners association dues and similar charges levied against the Property. Taxes and assessments for the year in which the Effective Date falls are prorated between the Parties as of that date.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"09339ae8-1cfe-4589-9879-513a85e1d079","order":53,"text":"The Buyer shall pay all real property taxes, assessments and insurance premiums directly to the taxing authority or insurer before they become delinquent, and shall deliver to the Seller, within thirty (30) days after each payment, written evidence that the payment has been made.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"bec2f7ee-5a4d-4f69-bdfc-73ee254803fa","value":"direct","type":"add","operator":"="}]},{"id":"739e8a08-f577-4571-ac28-1866516c357a","order":54,"text":"Together with each monthly installment the Buyer shall deposit with the Seller one-twelfth (1/12) of the annual real property taxes, assessments and insurance premiums, as reasonably estimated by the Seller. The Seller shall apply those deposits to payment of the taxes, assessments and premiums as they fall due, shall hold them in the manner required by applicable law, and shall give the Buyer an annual accounting of the amounts received and disbursed. Any deficiency is payable by the Buyer within thirty (30) days of written demand, and any surplus is credited against the deposits for the following year.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"bec2f7ee-5a4d-4f69-bdfc-73ee254803fa","value":"escrow","type":"add","operator":"="}]},{"id":"934ab0fb-0a33-4677-a63b-bf23cd57d388","order":55,"text":"The Buyer shall, at the Buyer's expense, keep all improvements on the Property continuously insured against loss by fire, windstorm and such other hazards as are covered by a standard extended coverage endorsement, and against flood where the Property lies within a special flood hazard area, in an amount not less than the full replacement cost of the improvements or the unpaid balance of the Purchase Price, whichever is greater.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"fd5e5d04-3832-4c89-a4a2-37b5ecaf94e7","order":56,"text":"The Buyer shall also maintain general liability insurance covering the Property with limits of not less than $[Minimum liability coverage] per occurrence.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"3d9e76d9-2c55-4567-bf46-fc413a607496","order":57,"text":"Each policy shall name the Seller as an additional insured and loss payee as the Seller's interest may appear, shall provide that it may not be cancelled or materially altered without at least thirty (30) days' prior written notice to the Seller, and a certificate evidencing coverage shall be delivered to the Seller on or before the Effective Date and at each renewal.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"44fc24b2-4e97-4c96-9a55-a83b3f95bad0","order":58,"text":"If the Buyer fails to obtain or maintain the required insurance, or to pay any tax or assessment when due, the Seller may (but is not obliged to) obtain the insurance or make the payment. Sums so advanced, together with interest at the default rate, are added to the unpaid balance and are payable by the Buyer on demand.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ca6b03e3-7d12-4f40-9245-a709a447867c","order":59,"text":"7. POSSESSION, USE AND MAINTENANCE OF THE PROPERTY","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S07"},{"id":"366e9339-639f-46a2-991f-8c582327e139","order":60,"text":"The Buyer is entitled to exclusive possession of the Property from [Date of possession] and remains entitled to possession for so long as the Buyer is not in default under this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"756a47a4-aca5-4b1d-a628-4b104ffdecfa","order":61,"text":"The Buyer shall keep the Property in good order, condition and repair, shall commit no waste, and shall not permit any nuisance, unlawful use or unsafe condition on the Property. The Buyer is responsible for all maintenance and repairs, whether ordinary or extraordinary, structural or non-structural.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b65f8989-1e34-4bf5-a5a3-ef0ceae74c76","order":62,"text":"The Buyer shall comply with all federal, state and local laws, ordinances, building and housing codes, environmental requirements, zoning restrictions, recorded covenants, conditions and restrictions and homeowners association rules affecting the Property.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"21c8552e-a22a-4b7c-ac30-547517dda09d","order":63,"text":"The Buyer shall not make any structural alteration to, or demolish or remove any improvement from, the Property without the Seller's prior written consent, which shall not be unreasonably withheld. Every improvement and alteration becomes part of the Property and is subject to this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"f002ed9d-3a3c-4b27-a937-48ef91cbe4a4","order":64,"text":"The Seller, or the Seller's authorized representative, may enter and inspect the Property at reasonable times on not less than twenty-four (24) hours' prior notice to the Buyer, except in an emergency.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"d817c491-777f-4052-9039-6d4050f345ae","order":65,"text":"8. TITLE, ENCUMBRANCES AND LIENS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S08"},{"id":"5abba878-ee12-44b9-9982-a838bc92b21d","order":66,"text":"The Seller represents and warrants that the Seller holds marketable title to the Property in fee simple and has full power and authority to enter into this Contract and to convey the Property, subject only to the exceptions listed immediately below (the \"Permitted Exceptions\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"47a906ed-676d-49fc-9a35-fc4b5026a0cb","order":67,"text":"The Permitted Exceptions are real property taxes and assessments not yet due and payable, recorded easements, covenants, conditions and restrictions of record that do not materially interfere with the Buyer's use of the Property, applicable zoning and land-use regulations, and any lien expressly disclosed in this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"d265a70c-3744-4b7d-8f47-dcceb19168a8","order":68,"text":"Within thirty (30) days after the Effective Date the Seller shall furnish to the Buyer, at the expense of the Seller, a commitment for an owner's policy of title insurance issued by a reputable title insurance company in the amount of the Purchase Price, showing title to the Property vested in the Seller subject only to the Permitted Exceptions.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"8e0b3563-6a04-458e-b447-3aded67184bf","order":69,"text":"While this Contract remains in force the Seller shall not create, assume or permit any mortgage, deed of trust, lien or other encumbrance against the Property that is not disclosed in this Contract, except one that will be discharged at or before conveyance of title to the Buyer and whose outstanding balance never exceeds the balance then owed by the Buyer under this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"58f485af-fef3-4268-ad1e-fe6cc025f107","order":70,"text":"The Seller has no actual knowledge of any encroachment, boundary dispute or unrecorded easement affecting the Property. The Buyer may obtain a survey of the Property at the Buyer's expense, and the Seller shall disclose any matter that an accurate survey would show and that materially interferes with the use of the Property, so far as it is known to the Seller.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"528ada08-2901-462d-9cf5-d50155598b85","order":71,"text":"If the Property is the homestead of the Seller or of the Seller's spouse, or if the law of the state in which the Property is located otherwise requires the joinder of a spouse or co-owner, each such person joins in this Contract and signs it for the purpose of conveying every interest held in the Property.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b7767e26-6903-4658-900b-f677c72edfe7","order":72,"text":"The Buyer shall not permit any mechanic's, materialman's or other lien to attach to the Property. If such a lien is filed, the Buyer shall cause it to be released, bonded over or otherwise discharged within thirty (30) days after receiving notice of it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"3ed1e2b4-bcf7-4b34-b529-585aeed38d81","order":73,"text":"9. EXISTING MORTGAGE OR OTHER LIEN","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"4030ee58-58b8-4fba-826d-38dd06d8ba66","value":"yes","type":"add","operator":"="}],"marginTop":"24","sectionNum":"S09"},{"id":"258557e9-36d8-4778-993c-a7ef0abf5339","order":74,"text":"The Property is subject to an existing mortgage, deed of trust or other lien held by [Name of the lienholder], with an approximate unpaid balance of $[Approximate balance] as of the Effective Date (the \"Existing Lien\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"4030ee58-58b8-4fba-826d-38dd06d8ba66","value":"yes","type":"add","operator":"="}]},{"id":"dd8ad406-3afe-4ca5-8b9f-82b7a0906e86","order":75,"text":"The Buyer does not assume the Existing Lien and is not personally liable for it. The Existing Lien remains the sole obligation of the Seller.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"4030ee58-58b8-4fba-826d-38dd06d8ba66","value":"yes","type":"add","operator":"="}]},{"id":"b9fbe617-a09b-4d84-afc7-9143fd433c1b","order":76,"text":"The Seller shall continue to pay the Existing Lien in accordance with its terms, shall keep it current at all times, and shall not increase the principal secured by it or further encumber the Property.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"4030ee58-58b8-4fba-826d-38dd06d8ba66","value":"yes","type":"add","operator":"="}]},{"id":"01cba66a-8ba4-4562-821e-0f661ec890da","order":77,"text":"If the Seller fails to make a payment due under the Existing Lien, the Buyer may, after written notice to the Seller, make that payment directly to the holder of the Existing Lien and deduct the amount paid, together with any cost incurred, from the installments next falling due under this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"4030ee58-58b8-4fba-826d-38dd06d8ba66","value":"yes","type":"add","operator":"="}]},{"id":"d40c6f3b-3b0f-428d-ab10-0c81b08498fc","order":78,"text":"The Seller shall deliver to the Buyer a copy of any notice of default, acceleration or foreclosure received in connection with the Existing Lien within five (5) business days after receiving it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"4030ee58-58b8-4fba-826d-38dd06d8ba66","value":"yes","type":"add","operator":"="}]},{"id":"0b16fa70-e247-42c0-98c0-54d669627aaa","order":79,"text":"The Parties acknowledge that the Existing Lien may contain a due-on-sale or due-on-transfer clause and that entry into this Contract may entitle its holder to accelerate the sums secured by it. The Seller shall indemnify the Buyer against any loss suffered by the Buyer as a result of an acceleration or enforcement of the Existing Lien that is not caused by the Buyer's own default.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"4030ee58-58b8-4fba-826d-38dd06d8ba66","value":"yes","type":"add","operator":"="}]},{"id":"96987079-87c4-4558-9682-974cf9964708","order":80,"text":"10. RECORDING OF THIS CONTRACT","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S10"},{"id":"8b0158b3-e532-4f06-a678-7c29d25d53e3","order":81,"text":"The Buyer may record this Contract, or a memorandum of it, in the official real property records of the county in which the Property is located, and the Seller shall execute any acknowledgment, memorandum or affidavit reasonably required for that purpose.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"bb8bbf2b-1a4d-4f5c-a0a8-be2fbe7c93b4","order":82,"text":"The Parties acknowledge that recording gives notice of the Buyer's equitable interest to third parties. The recording fee is payable by the Buyer, and any documentary, transfer or excise tax payable on recording is borne by the Party on whom it is imposed by law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"40d7bf0e-7b39-4327-998c-a23670e7e902","order":83,"text":"11. CONVEYANCE OF TITLE UPON PAYMENT IN FULL","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S11"},{"id":"73b41c49-cf56-4002-84b2-e4d41c51c80c","order":84,"text":"Upon payment in full of the Purchase Price, together with all interest, late charges, advances and other sums payable under this Contract, and upon performance by the Buyer of its other obligations, the Seller shall execute and deliver to the Buyer a general warranty deed conveying legal title to the Property to the Buyer, free and clear of all liens and encumbrances other than the Permitted Exceptions and any matter created or suffered by the Buyer.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"29a81111-17ac-4bf1-947b-990aa10cc0ef","order":85,"text":"The Seller shall deliver the executed and acknowledged deed within [Number of days] days after the date of final payment, together with any affidavit, transfer declaration or other instrument reasonably required to record it. The recording fee for the deed is payable by the Buyer.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"7aa38e4c-9ad9-4dd8-900e-4e6eb94db392","order":86,"text":"The Seller shall, at the Seller's expense, obtain the release or satisfaction of every mortgage, deed of trust or other lien secured by the Property that is not a Permitted Exception, on or before delivery of the deed.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"95334fec-433b-4228-b89d-2c4005cfa5e7","order":87,"text":"The Seller's obligation to convey title is a material term of this Contract and survives payment in full of the Purchase Price.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"b5fb5f8f-3f9a-40c6-854a-d66715c59b76","order":88,"text":"On the written request of the Buyer the Seller shall deliver, within ten (10) days, a statement of the sum required to pay this Contract in full on a stated date, of the amounts credited to principal and to interest, and of any other sum claimed by the Seller. The Buyer is entitled to rely on that statement, and the Seller may not afterwards claim a greater sum for the period it covers.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"53548d56-daf1-4d46-a5ad-4803f1fde7d9","order":89,"text":"The obligations of the Seller bind the Seller's heirs, devisees, personal representatives, trustees in bankruptcy and successors, and the personal representative of a deceased Seller shall execute and deliver the deed required by this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"dbc3d939-7842-46a2-8f7e-3bf2ff81e0f4","order":90,"text":"12. ESCROW OF THE DEED","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b5ec9569-a762-43f8-90bd-b82d1a84eef9","value":"yes","type":"add","operator":"="}],"marginTop":"24","sectionNum":"S12"},{"id":"b10b7998-4f7d-4b11-8e54-3d5746f66978","order":91,"text":"On or promptly after the Effective Date the Seller shall execute and acknowledge a general warranty deed conveying the Property to the Buyer and shall deposit it, together with a copy of this Contract and any other instrument needed to complete the conveyance, with [Name and address of the escrow agent] (the \"Escrow Agent\"), to be held under a written escrow agreement signed by the Parties and by the Escrow Agent.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b5ec9569-a762-43f8-90bd-b82d1a84eef9","value":"yes","type":"add","operator":"="}]},{"id":"809c0a82-884b-4753-a47f-4a29191cb8f4","order":92,"text":"The Escrow Agent shall deliver the deed to the Buyer on receiving evidence that the Purchase Price and every other sum due under this Contract have been paid in full. The Escrow Agent shall deliver the deed back to the Seller only if this Contract has been lawfully cancelled, rescinded or foreclosed and every statutory period of reinstatement or redemption has expired.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b5ec9569-a762-43f8-90bd-b82d1a84eef9","value":"yes","type":"add","operator":"="}]},{"id":"c197849e-9543-449b-bb13-7f0235fe3c66","order":93,"text":"The escrow may not be revoked or the deed withdrawn by the Seller alone. The deposit of the deed does not release the Seller from any obligation under this Contract, and the fees of the Escrow Agent are shared equally between the Parties unless the escrow agreement provides otherwise.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b5ec9569-a762-43f8-90bd-b82d1a84eef9","value":"yes","type":"add","operator":"="}]},{"id":"678ebbd7-2c38-4bfd-82a9-65dd99b646bc","order":94,"text":"If the Escrow Agent resigns or ceases to act, the Parties shall promptly appoint a successor. Failing agreement within thirty (30) days, either Party may apply to a court of competent jurisdiction for the appointment of a successor Escrow Agent.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b5ec9569-a762-43f8-90bd-b82d1a84eef9","value":"yes","type":"add","operator":"="}]},{"id":"bb597659-a052-4889-91fc-989ec2271482","order":95,"text":"13. RISK OF LOSS, CASUALTY AND CONDEMNATION","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S13"},{"id":"d686b261-d15f-4ec0-a698-a652b634741c","order":96,"text":"From the date the Buyer takes possession, the risk of loss of or damage to the Property is borne by the Buyer. Damage to or destruction of the Property, in whole or in part, does not relieve the Buyer of the obligation to make the payments required by this Contract, except to the extent that insurance proceeds are applied to the unpaid balance as provided below.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"27ca9210-be7c-4a50-af42-efd71914f8b0","order":97,"text":"Insurance proceeds payable as a result of damage to the Property are applied, at the Buyer's election and with the Seller's written consent (which shall not be unreasonably withheld), either to repair and restoration of the Property or to reduction of the unpaid balance of the Purchase Price. If the Buyer is in default at the time of the loss, the Seller may apply the proceeds to the sums then due under this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"00ab1b1a-17f7-4190-9e93-6c17434b5a66","order":98,"text":"If all or part of the Property is taken by eminent domain or conveyed under threat of condemnation, the award is applied first to the unpaid balance of the Purchase Price and the remainder paid to the Buyer. If the taking renders the Property unsuitable for its intended use, either Party may terminate this Contract by written notice, and the award is apportioned between the Parties according to their respective interests.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"31cd5f04-1be1-4e62-a08c-c76780e3ee13","order":99,"text":"14. REPRESENTATIONS, WARRANTIES AND DISCLOSURES","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S14"},{"id":"8824182e-91fe-4672-a862-7709fd242bfd","order":100,"text":"The Seller represents and warrants that: the Seller has full power and authority to enter into and perform this Contract; the execution of this Contract does not breach any agreement, judgment or order binding on the Seller; there is no pending or threatened litigation, bankruptcy, foreclosure or condemnation proceeding affecting the Property; the Seller has received no written notice of any uncured violation of a building, housing, environmental or zoning law affecting the Property; and, except as disclosed in this Contract, the Property is not subject to any lease, option, right of first refusal or other agreement affecting possession or title.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"abdf8605-4ccf-4e4c-a614-06df7bb3e3ad","order":101,"text":"The Seller has delivered to the Buyer every disclosure statement concerning the condition of the Property that is required by applicable federal, state or local law, and the statements made in them are true and complete to the best of the Seller's actual knowledge.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"583f5a46-f9b8-4eb8-9321-8ee447b201aa","order":102,"text":"The Buyer represents and warrants that the Buyer has full power and authority to enter into and perform this Contract, has examined the Property and the legal description, and relies on no representation of the Seller other than those expressly set out in this Contract or in a written disclosure delivered under it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"7b1e43b8-061f-430a-b125-d2adad64399c","order":103,"text":"The Seller has no actual knowledge of any underground storage tank, hazardous or toxic substance, asbestos, mold or other environmental condition affecting the Property that has not been disclosed to the Buyer in writing, and has received no notice from any governmental body concerning such a condition.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"36d942fd-fac9-4b8b-a850-79502f9b6586","order":104,"text":"Each Party represents that it has dealt with no real estate broker or finder in connection with this transaction, other than a broker whose engagement and commission are disclosed in a writing signed by the Party engaging that broker, and each Party shall indemnify the other against any claim for a commission or fee arising out of its own dealings.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"793b391c-3eb6-4246-b9c7-f8136778d7e7","order":105,"text":"Each Party acknowledges that no attorney, broker or other adviser of the other Party has advised it in connection with this Contract, and that each Party has been advised to obtain independent legal, tax and title advice before signing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4fadee7f-1b35-4977-afe0-28af5fc6c1b0","order":106,"text":"15. LEAD-BASED PAINT DISCLOSURE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"f030c5c7-0bb6-474e-90ac-5cb34671a4a6","value":"before 1978","type":"add","operator":"="}],"marginTop":"24","sectionNum":"S15"},{"id":"47020442-3bb0-4bc0-afcd-169266b304eb","order":107,"text":"The Property includes residential housing constructed before 1978. Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips and dust can pose health hazards if not managed properly, and lead exposure is especially harmful to young children and pregnant women. Purchasers of pre-1978 housing must receive the information required by the Residential Lead-Based Paint Hazard Reduction Act of 1992 (42 U.S.C. § 4852d) and by the regulations at 24 C.F.R. part 35 and 40 C.F.R. part 745.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"f030c5c7-0bb6-474e-90ac-5cb34671a4a6","value":"before 1978","type":"add","operator":"="}]},{"id":"5cfe157f-d0a1-4298-807d-6834d7eb32d4","order":108,"text":"The Seller has disclosed to the Buyer all information known to the Seller concerning the presence of lead-based paint or lead-based paint hazards in the Property and has provided the Buyer with all available records and reports concerning lead-based paint or lead-based paint hazards in the Property.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"f030c5c7-0bb6-474e-90ac-5cb34671a4a6","value":"before 1978","type":"add","operator":"="}]},{"id":"8fbd78d9-8de2-474e-8b99-642a78219425","order":109,"text":"The Seller has provided the Buyer with the federally approved pamphlet \"Protect Your Family from Lead in Your Home\". The Buyer has been given a ten (10) day opportunity, or another period agreed in writing, to conduct a risk assessment or inspection for the presence of lead-based paint or lead-based paint hazards, or has waived that opportunity in writing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"f030c5c7-0bb6-474e-90ac-5cb34671a4a6","value":"before 1978","type":"add","operator":"="}]},{"id":"6e753b33-d726-4090-8834-650967115600","order":110,"text":"The Parties have completed and signed the federal lead-based paint disclosure and certification form attached to this Contract as Exhibit B, which forms part of this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"f030c5c7-0bb6-474e-90ac-5cb34671a4a6","value":"before 1978","type":"add","operator":"="}]},{"id":"6a367a43-214f-4cdf-a581-7a9861557550","order":111,"text":"16. DEFAULT BY THE BUYER, NOTICE AND REMEDIES","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S16"},{"id":"df46fc3f-c4dd-41d8-ac35-b2e69ffbb420","order":112,"text":"Each of the following is an event of default by the Buyer: failure to pay an installment or any other sum within [Cure period for payment] days after written notice of non-payment is given by the Seller; failure to perform any other obligation under this Contract within [Cure period for other breach] days after written notice specifying the failure; the filing of a lien against the Property that is not discharged within the time allowed by this Contract; a transfer or attempted transfer of the Buyer's interest in breach of this Contract; abandonment of the Property; or the institution of insolvency or bankruptcy proceedings by or against the Buyer that are not dismissed within sixty (60) days.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c5b7edeb-4ec9-415c-ba34-877e48b3a328","order":113,"text":"Before exercising any remedy the Seller shall give the Buyer written notice of default stating the nature of the default, the amount or action required to cure it, the date by which it must be cured and the action the Seller intends to take if it is not cured. Where applicable law prescribes a particular form, content, method of service or minimum cure period for such a notice, the requirements of that law control and shall be complied with by the Seller.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ff005ead-1868-48c5-8e30-4ca64bbe6f3a","order":114,"text":"If an event of default is not cured within the applicable period, the Seller may, subject to the mandatory requirements of applicable law: declare the entire unpaid balance of the Purchase Price immediately due and payable; bring an action for the sums due or for specific performance; cancel or forfeit this Contract and the Buyer's rights under it and retain the sums previously paid as liquidated damages and as reasonable rent for the use of the Property; foreclose this Contract in the manner provided by law for the foreclosure of mortgages or vendor's liens, where required by law or elected by the Seller; and recover possession of the Property together with all costs, expenses and reasonable attorneys' fees permitted by law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"3534df7c-90dc-42c4-a59d-5af95c0c2dd9","order":115,"text":"The Parties acknowledge that the law of the state in which the Property is located may require judicial foreclosure, statutory notice, or a statutory period of reinstatement or redemption, and may restrict forfeiture where the Buyer has acquired substantial equity in the Property. Nothing in this Contract waives any right, notice or period that the Buyer may not lawfully waive, and any provision purporting to do so is of no effect.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"55a6fef3-e3c3-46c4-9e69-132d74529a09","order":116,"text":"The Seller's remedies are cumulative, and the exercise of one does not preclude the exercise of another. No delay or omission by the Seller in exercising a right waives it, and acceptance of a late or partial payment does not waive the default or the Seller's right to require strict performance afterwards.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c1119bcc-af34-4d13-9a10-9d4860973953","order":117,"text":"17. DEFAULT BY THE SELLER AND THE BUYER'S REMEDIES","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S17"},{"id":"c8ab28cb-01ed-4bc2-8213-aa9130fa30e9","order":118,"text":"It is an event of default by the Seller if the Seller fails to pay when due any sum secured by a lien on the Property, permits an encumbrance in breach of this Contract, fails to convey title as required, or fails to perform any other material obligation within thirty (30) days after written notice from the Buyer specifying the failure.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"9122ea2a-b17c-46ba-afca-1fb4c4cf0c5b","order":119,"text":"On a default by the Seller the Buyer may: cure the default and deduct the cost, with interest at the default rate, from the sums next falling due; bring an action for damages or for specific performance of the obligation to convey title; obtain a decree quieting title or compelling release of an encumbrance; or terminate this Contract and recover all sums paid, together with the value of improvements made in good faith, less the reasonable rental value of the Property for the period of possession.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4cfec349-36df-4875-8139-f39a7a1ab2a7","order":120,"text":"The Buyer may record this Contract or a notice of it in order to preserve the Buyer's interest against subsequent purchasers from, and creditors of, the Seller.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"cec33648-ae93-450b-b2fa-a9a7c93eed2c","order":121,"text":"18. TEXAS STATUTORY PROTECTIONS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="}],"marginTop":"24","sectionNum":"S18"},{"id":"e0ccaeed-9887-41b6-af9b-9178f559c4b6","order":122,"text":"This Contract is an executory contract for the conveyance of real property governed by Subchapter D of Chapter 5 of the Texas Property Code (Tex. Prop. Code § 5.061 and following). The provisions of that subchapter apply to this Contract and prevail over any inconsistent provision of it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="}]},{"id":"010b5dd3-7183-4a15-99ac-58e2ff14bf4a","order":123,"text":"The Seller shall record this Contract, together with the disclosure statements attached to it, in the official public records of the county in which the Property is located not later than the 30th day after the date this Contract is executed, as required by Tex. Prop. Code § 5.076.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="}]},{"id":"38bb59a3-2bc6-4c4e-b795-0941aa7ec5d2","order":124,"text":"Before execution of this Contract the Seller has provided the Buyer with the disclosures required by Tex. Prop. Code § 5.069 and § 5.070, including the notice as to the condition of the Property, the survey or legal description, the tax and insurance information for the Property and a statement of any lien or encumbrance affecting it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="}]},{"id":"b83b279d-4367-488e-9510-19595a8277d8","order":125,"text":"The Seller warrants, as required by Tex. Prop. Code § 5.085, that the Seller owns fee simple title to the Property and that the Property is free of any lien securing a debt that is not disclosed in this Contract, or that the holder of any such lien has given the written consent required by that section.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="}]},{"id":"19d06690-140c-4979-a4d4-05147e8a4b6d","order":126,"text":"As provided by Tex. Prop. Code § 5.069(e), the Buyer may cancel and rescind this Contract for any reason within fourteen (14) days after the date on which it is executed, by delivering written notice of cancellation to the Seller, and the Seller shall then return to the Buyer every payment made and any note or security given under this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="}]},{"id":"f2b2122a-38a0-4aea-9b20-96ddc99ee5ff","order":127,"text":"Because the Property is subject to a lien, the Seller has given the notice required by Tex. Prop. Code § 5.016 to the holder of that lien and to the Buyer before executing this Contract, and the Buyer retains the right of rescission given by that section.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="},{"field":"4030ee58-58b8-4fba-826d-38dd06d8ba66","value":"no","type":"remove","operator":"="}]},{"id":"09d2a59a-b0f3-4268-81a2-bafff1ed29c8","order":128,"text":"If the Buyer defaults, the Seller shall give the Buyer notice of the default and the opportunity to cure it within thirty (30) days after the notice is delivered, as required by Tex. Prop. Code § 5.064 and § 5.065, before the Seller may enforce the remedy of rescission, or of forfeiture and acceleration.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="}]},{"id":"93876de3-1ea4-44a8-87e6-21b7768629cf","order":129,"text":"If the Buyer has paid forty percent (40%) or more of the amount due under this Contract, or the equivalent of forty-eight (48) monthly payments, the Seller may not enforce the remedy of rescission or of forfeiture and acceleration, and shall instead foreclose the Buyer's interest in the manner provided by Tex. Prop. Code § 5.066, paying to the Buyer any excess proceeds of the sale.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="}]},{"id":"0260f067-e380-4de0-bb8d-0adcaf6d1c12","order":130,"text":"The Seller shall deliver to the Buyer, on or before January 31 of each year, the annual statement of account required by Tex. Prop. Code § 5.077, and shall transfer recorded legal title to the Buyer within thirty (30) days after the Buyer has paid in full, as required by Tex. Prop. Code § 5.079.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="}]},{"id":"cbee00e9-6cf9-4e37-8685-316d36c38316","order":131,"text":"To the extent provided by Subchapter D, the Buyer may convert the Buyer's interest under this Contract into recorded legal title, subject to a lien in favor of the Seller for the unpaid balance, and the Seller shall execute the instruments reasonably necessary to give effect to that conversion.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Texas","type":"add","operator":"="}]},{"id":"ccabc38a-f817-45a4-9179-5b02e5a9ecc0","order":132,"text":"19. MINNESOTA STATUTORY PROTECTIONS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Minnesota","type":"add","operator":"="}],"marginTop":"24","sectionNum":"S19"},{"id":"ba4e7d25-b3ec-430c-97cf-1daea0b2afdd","order":133,"text":"This Contract is a contract for deed governed by Minnesota law, including Minn. Stat. § 559.21 and following. Those statutory provisions apply to this Contract and prevail over any inconsistent provision of it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Minnesota","type":"add","operator":"="}]},{"id":"aaaf62d0-8d9c-4e6a-a025-6082be9c0fdd","order":134,"text":"The Buyer shall record this Contract in the office of the county recorder or registrar of titles for the county in which the Property is located within four (4) months after the date of this Contract, as required by Minn. Stat. § 507.235, and shall pay the recording fee and any deed tax payable on recording.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Minnesota","type":"add","operator":"="}]},{"id":"b8113056-eebe-450b-b0f6-f03d94d64862","order":135,"text":"If the Buyer defaults, this Contract may be terminated only by service of the statutory notice of cancellation in the form and manner required by Minn. Stat. § 559.21, or by an action brought in the district court. The Contract terminates only if the Buyer fails to cure the default within the period fixed by that statute, which depends on the date of this Contract and, where applicable, on the proportion of the Purchase Price already paid by the Buyer. The Seller shall state the applicable period in the notice.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Minnesota","type":"add","operator":"="}]},{"id":"3f494d71-d060-44b1-989b-7427d7a46a1d","order":136,"text":"To reinstate this Contract the Buyer must, within the statutory period, comply with the conditions in default, pay the costs of service of the notice and pay any attorney's fees allowed by Minn. Stat. § 559.21. If the Buyer does so, this Contract remains in full force. If the Buyer does not, this Contract terminates at the end of the period and the Buyer's right to possession ceases.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Minnesota","type":"add","operator":"="}]},{"id":"6d7e83bb-0751-4c0c-9d01-ecbb8b4a9b6e","order":137,"text":"The Buyer's statutory right to receive the notice of cancellation and to reinstate this Contract may not be waived, and any provision of this Contract purporting to waive it is void.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Minnesota","type":"add","operator":"="}]},{"id":"937c41ab-68b3-45a9-b948-073ec94cf9b9","order":138,"text":"Where the Seller is a multiple seller within the meaning of Minn. Stat. § 559.201, the Seller shall deliver to the Buyer the written disclosures required by Minn. Stat. § 559.202 within the time required by that section, and the Buyer has the rights given by it, including any right to rescind this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b45ad050-67ef-438f-bb22-033e81a7c196","value":"Minnesota","type":"add","operator":"="}]},{"id":"471292a4-ad04-45a5-a78c-f356b161482f","order":139,"text":"20. TAX MATTERS AND REPORTING","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S20"},{"id":"5833bd61-2f3a-4205-97b5-705d9c41a083","order":140,"text":"The Parties shall exchange, on request and in any event before the first installment falls due, the name, address and taxpayer identification number of each Party, on Internal Revenue Service Form W-9 or in another written form, so that each may comply with the reporting obligations imposed on the parties to a seller-financed sale by 26 U.S.C. § 6109 and the regulations made under it.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"a009e3b7-5966-472e-b9ea-c9609eca6349","order":141,"text":"Each Party shall make the returns and information reports required of it in connection with this sale, including any report of the proceeds of a real estate transaction under 26 U.S.C. § 6045(e), and shall report the interest paid or received under this Contract as required by law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"24e6d6db-be23-4854-ac10-a890a4ba4207","order":142,"text":"The Parties acknowledge that the interest payable under this Contract may be subject to the imputed interest and original issue discount rules of 26 U.S.C. § 483 and § 1274, and that the Seller may be entitled to report gain on the installment method under 26 U.S.C. § 453. Each Party is responsible for its own tax position and has been advised to obtain independent tax advice.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"54448169-ae45-44ec-9175-58068e8a8a62","order":143,"text":"The Seller represents that the Seller is not a foreign person within the meaning of 26 U.S.C. § 1445 and shall deliver to the Buyer, at or before the conveyance of legal title, a certification of non-foreign status in the form required by that section. If the Seller is or becomes a foreign person, the Buyer shall withhold from the payments due under this Contract and remit the sums required by that section.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4f84469d-1303-4d55-9c98-bfcf69538c00","order":144,"text":"The Buyer may apply for any homestead, residence or other property tax exemption available to an occupant of the Property, and the Seller shall sign any form reasonably required for that purpose.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"5d7dabed-a744-4ecb-a63f-d7500b27e2ad","order":145,"text":"21. NOTICES","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S21"},{"id":"372cbbc0-ae60-4708-ae87-7afb8d25a741","order":146,"text":"Every notice required or permitted under this Contract shall be in writing and shall be delivered personally, sent by United States certified mail, return receipt requested, postage prepaid, or sent by a nationally recognized overnight courier, in each case addressed to the Party at the address stated at the beginning of this Contract or at such other address as that Party designates by written notice.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"88801574-3ac1-4e36-91b6-639860ee8341","order":147,"text":"A notice is effective on personal delivery, on the date of delivery or refusal shown on the return receipt or courier record, or on the third business day after mailing, whichever occurs first. A message sent to the email address stated in this Contract is a courtesy copy only and does not satisfy the requirement of written notice unless the receiving Party acknowledges receipt in writing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ced3267f-d10a-440c-9db7-46f0a65adebc","order":148,"text":"Where applicable law prescribes a particular method of service for a notice of default, cancellation, rescission or forfeiture, that method shall be used and controls.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"703de200-3b60-4bb8-8fb2-09bf5c920ca8","order":149,"text":"22. ASSIGNMENT, SUCCESSORS AND ASSIGNS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S22"},{"id":"b2a05efd-fb89-4cee-82b6-7197dc85034c","order":150,"text":"The Buyer shall not assign, transfer, sell or convey the Buyer's interest in this Contract or in the Property, in whole or in part, and shall not grant possession of the Property to another person for a term exceeding twelve (12) months, without the Seller's prior written consent, which shall not be unreasonably withheld or delayed. An assignment made in breach of this requirement is voidable by the Seller and does not release the Buyer from liability.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"5f84003d-1728-4d90-bffb-8420b69833f6","order":151,"text":"The Seller may sell, assign or pledge the Seller's interest in this Contract and in the payments due under it, provided that the transfer is expressly made subject to the rights of the Buyer and that the Seller gives the Buyer written notice of the transfer and of the address to which payments are to be made.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c230959f-77f9-4676-9fc8-b596e961580d","order":152,"text":"This Contract binds and benefits the Parties and their respective heirs, personal representatives, successors and permitted assigns.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"6e83c8c4-18fb-4373-8486-eb784141bb3f","order":153,"text":"23. DISPUTE RESOLUTION, GOVERNING LAW AND VENUE","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S23"},{"id":"324a3ae1-2359-4b9f-a00d-3a9e324048ae","order":154,"text":"This Contract is governed by, and shall be construed in accordance with, the laws of the State of Alabama, without regard to its conflict of laws rules. The law of the state in which the Property is located governs all matters relating to title, the creation and enforcement of liens and the remedies available on default.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"45d39ec1-4317-4368-80bf-6d2b5360c8ea","order":155,"text":"Before commencing any proceeding the Parties shall attempt in good faith to resolve any dispute arising out of or relating to this Contract by confidential mediation before a mediator agreed between them, the mediator's fee being shared equally. If the dispute is not resolved within thirty (30) days after a written request for mediation, either Party may commence proceedings in the state courts sitting in [County] County, Alabama, to whose jurisdiction and venue the Parties submit.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"87e53adb-787e-47fb-bc2e-a58c0d220f0c","value":"mediation","type":"add","operator":"="}]},{"id":"d13f5e4e-b434-4f3c-bce7-5b33655289e0","order":156,"text":"Any dispute arising out of or relating to this Contract shall be finally resolved by binding arbitration administered by the American Arbitration Association under its Real Estate Industry Arbitration Rules, before a single arbitrator, sitting in [County] County, Alabama. Judgment on the award may be entered in any court of competent jurisdiction. Nothing in this provision prevents a Party from seeking provisional or injunctive relief, or from pursuing a statutory cancellation, rescission, forfeiture or foreclosure remedy, in the courts of the state in which the Property is located.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"87e53adb-787e-47fb-bc2e-a58c0d220f0c","value":"arbitration","type":"add","operator":"="}]},{"id":"666e102e-0377-44dd-b9a8-a43fb02e8bc2","order":157,"text":"TO THE EXTENT PERMITTED BY THE LAW OF THE STATE WHOSE COURTS HAVE JURISDICTION, EACH PARTY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY PROCEEDING ARISING OUT OF OR RELATING TO THIS CONTRACT.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"87e53adb-787e-47fb-bc2e-a58c0d220f0c","value":"mediation","type":"add","operator":"="}]},{"id":"7901b192-450f-49a7-8f2d-df3a68ad8f2b","order":158,"text":"The prevailing Party in any proceeding brought to enforce or interpret this Contract is entitled to recover its reasonable attorneys' fees, costs and expenses, to the extent permitted by applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4eee1360-d1ef-4644-9fe5-ebe117edcdd6","order":159,"text":"24. GENERAL PROVISIONS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true,"marginTop":"24","sectionNum":"S24"},{"id":"a8dcc242-bcb0-43e4-8b0f-f7dd330d6530","order":160,"text":"Time is of the essence in the performance of every obligation under this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c57bb59e-387d-4b39-a88c-ee9bf8a51256","order":161,"text":"This Contract, together with its exhibits and any disclosure required by law and delivered with it, contains the entire agreement of the Parties concerning the Property and supersedes all prior negotiations, representations, understandings and agreements, whether oral or written.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"0cfe0f75-05cf-4df5-8074-56fd704bc3f8","order":162,"text":"This Contract may be amended only by a written instrument signed by both Parties. No waiver is effective unless in writing and signed by the Party granting it, and the waiver of one breach is not a waiver of any other or subsequent breach.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"76765356-1876-4829-9632-820fd543784b","order":163,"text":"If any provision of this Contract is held invalid, illegal or unenforceable, the remaining provisions remain in full force, and the provision concerned shall be modified to the least extent necessary to make it valid and enforceable while giving effect to the intention of the Parties.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"86897920-eaff-4148-bab1-6bd15d59a68d","order":164,"text":"This Contract may be signed in counterparts, each of which is an original and all of which together constitute one instrument. Signatures delivered electronically or by facsimile have the same effect as original signatures, in accordance with the federal Electronic Signatures in Global and National Commerce Act and the Uniform Electronic Transactions Act as adopted in the state whose law governs this Contract, except where an original signature or a notarial acknowledgment is required for recording.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"626666dd-da03-41d4-a13b-5d12147a3064","order":165,"text":"The headings in this Contract are for convenience only and do not affect its interpretation. This Contract has been negotiated by the Parties and shall not be construed against the Party that prepared it. Nothing in it creates a partnership, joint venture, agency or landlord and tenant relationship, and there is no third-party beneficiary of this Contract.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"29c8bccb-e1a5-40ea-8c7d-6f338b994473","order":166,"text":"If more than one person signs this Contract as the Seller or as the Buyer, their obligations under it are joint and several.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"27ba8618-801d-4c22-bcb7-02268728fee8","order":167,"text":"Each Party shall execute such further instruments and take such further action as may reasonably be required to give effect to this Contract, including any instrument required to record it or to convey 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