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CONTRACT FOR PURCHASE OF RESIDENCE OR OTHER REAL ESTATE
THIS CONTRACT ismade on the c~4'~- day of /~fig~, ,2001 by and between Edward and
Roberta Swanberg and Robert and Gwenda Vallery (Sellers) whose address' respectively are 51
21st Avenue #16 Longmont, CO 80501 and 11781 RD 27-1 Dolore, CO 81323 and Michael
and Elizabeth Brown (Buyer) whose address is P.O. Box 237 LaBarge, WY 83123.
WHEREAS, Seller is the owner of the certain property located at
457 S. Pine and Lot 25 & 26 Block 28 1st Addition to the Town of LaBame Lincoln County, WY
and desire to sell said property to Buyer; and
WHEREAS, Buyer agrees to buy the property located at
457 S. Pine and Lot 25 & 26 Block 28 1st Addition to the Town of LaBarge Lincoln County, WY
NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS:
1. The Seller agrees to sell and the Buyer agrees to buy the property located at 457 S. Pine and
Lot 25 & 26 Block 28 lst Addition to the Town of LaBame Lincoln County, WY, and more
particularly described as follows:
(1) 1971 Blair House Trailer 14'x65' S#14830
consisting of the land and all the buildings, other improvements, and fixtures on the land; and all
of the Seller's right relating to the land.
2. Purchase Price. The terms upon which this offer is made are as follows:
Purchase price: 10,500.00 dollars ($)
Deposit upon sigming of this contract: 500.00 dollars ($)
Amount of mortgage: 9,500.00 dollars ($) .~2~/Q/~{~/,__
Balance to be paid at closing of~by certified'b-'~nk cashier s, or attorney trust check
(subject to adjustment at closing): 500.00 dollars ($)
Total: 1,000.00 dollars ($)
889176
RECEIVED
LilqOOLI'I COUNTY CLERK
3. Financing:
60 equal payments at 6.75 % per annum and payable as to principal and interest in the amount
of $186.99 per month, having an approximate present balance of $9,500.00. First payment to
begin on July 1, 2001. Seller agrees that at end of said payment schedule and satisfactorily
paid in full, Seller will release a Quit Claim Deed on said property, to Buyer. There will be
no penalty for early pay-off of said loan.
4. Time and Place of Closing. Buyer and Seller agree that closing shall take place on the
day of ,2001. Buyer and Seller further agree that time is of the essence. Closing
will be held at
5. Transfer of Ownership. At closing, the Seller will transfer ownership of the property to the
Buyer. The Seller will give the Buyer a properly executed bargain and sale deed xvith
covenants against grantors acts and an Affidavit of Title.
6. Personal Property and Fixtures. All fixtures are included in this sale unless they are listed
below as being excluded.
The following items are EXCLUDED from this sale:
N/A
7. Physical Condition of the Property. This property is being sold "as is". Seller does not
make any claims or promises about the condition or value of any of the property included in
this sale. Buyer makes this offer in full reliance upon his own independent investigation and
judgment. There are no verbal agreements, which modify or affect this offer. The acceptance
of a deed by Buyer shall be deemed to be the full performance of every obligation on the part
of the Seller. .., ..~~/'__ ~
a.repairsRepair.Limitati°n' In no event will the Seller expend more thanC/~O--d°~ars($) for
Condition and Use of the Property. Seller makes no representation as to the condition of
the property or that the premises will comply with local, county, state, or federal ordinances
and statues. Buyer must obtain certificates of occupancy and all other municipal certificates.
Seller will not provide the Buyer with a Certificate of Occupancy, Lead Paint Inspection, if
applicable, or any other municipal certificate from the nmnicipality in connection with the
transfer. Buyer is advised to contact the municipality for any matters, which are of concern to
him prior to signing this contract. By signing this contract, Buyer has made the necessary
investigation concerning the obtaimnent of the Certificate of Occupancy or any other
municipal certificate required by the municipality in a transfer of property within this
municipality.
10.
11.
Ownership. The Seller agrees to transfer and the Buyer agrees to accept ownership of the
property free of all claims and right o'f others, except for: recorded easements,
Completed Agreement. This cOntract is the entire and only agreement between Buybr and
Seller. This contract replaces and cancels any previous agreements between the Buyer and
Seller. This contract can only be changed by an agreement in writing signed by both Buyer
and Seller.
Michael B. Brown
State of Wyoming)
)SS.
County of Lincoln)
The foregoing instrument was acknowledged before me by Michael B.
Brown and Elizabeth A. Brown this /~/'__6 day of {~, ¢ , 2001.
Witness my hand and official seal:
My Commission Expires:)O0lJ, 0~ ~9~5--5
Notary Public
°F ~x.~____~ s~^r~ oF
20°,
Edward Swanberg
State of Colorado )
)SS.
County of Boulder) .
The foregoing instrument was acknowledged before me by Edward
SwanbergandRobertaSwanbergthis '~/"t dayof/b~q[f ,2001.
Witness m,y hand and official seal:
':~ %'.,0 '-C,.
*'-... '¢'"-- , o ..... %;,"
My Commission Exp!res
November 7, 2004
i~o t/a~ Public
Robert Vallery
G~la Vallery '
State of Colorado )
)SS.
County of )
The foregoing instrument was acknowledged before me by Robert Vallery
and GwendaVallerythis ,It9'~¢- dayof ]q0&cJ. ,2001.
hand and official seal:
.. £Jvlby ,Cofnmissi~n Expires:
Notary Public
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