Laserfiche WebLink
Jan 04 08 09:52a <br />U� �G �-G�- <br />44. Property located at 1000 WOODHILLE DRI <br />651 �'ig-0963 p,15 <br />� <br />FINANCING ADDENDUM <br />CONVENTiONAL OR PRiVATELY <br />INSURED CONYENTIONA� MORTGAGE <br />43. Page ��_l� .- --- <br />ROSEVTLLE <br />45_ PRIVA7E MORTGAGE INSURANCE (PMI): PMI may be �equired by ihe lending institution(s). Buyer agrees to pay <br />46. all subsequent years' mortgage insurance premiurns as required by the lending institution(s). The said morlgage <br />47. insurance premiums will increase the morlgage amount uniess paid in cash at closing. <br />48. DISCOUKT POINTS: lf Seller has agreed to pay discount points pursuant to this Purchase Agreement, a Financrng <br />49. Addendum Seller's Corrtribution to Closing C�sts and Oiscounf Points must be attached. Nothing in this Purchase <br />50. Agreemeni shall prohibi2 Buyerfrom paying any mortgage discount poirrts. <br />51. LOCKING OF MORTGAGE INT�REST RATE (RATE): The Rate shall be locked wiih the lender(s} by Buyer <br />52. (check one): <br />53. [1 WtTHIN FIVE (5j BUSiNESS DAYS OF FINAL AGCEPTANCE OFTHlS PURCHASE AGREEMENT; OR <br />54. 0 AT ANYTfME PRIORTO CLOSINC OR AS REQUIRED BY LENDER(S). <br />55. LENDER COMMITMENY WORlt ORDERS: Nothing in this Purchase Agreement shali be construed as a <br />56. warranty thai Se11er shall make repairs required by the lender commitment. However, Seller agrees to pay up io <br />57. S �•�� to make repairs as required by the lender comrnitment. !f the [ende� comrrtitment <br />58. is subject to any work orders for which the cost of making said repairs shatl exceed this amouni, Seller shall have the <br />59. following options: <br />60. (a) making the necessary repairs; or <br />61. (b} negotiating the cost of making said repairs with Buyer; or <br />62. �c) dedaring this Purchase Agreemeni canceled, in which case this Purchase Agreement is canceled. B�yer and Seller <br />63. shall immedEately sign a Cancellation vfPurchaseAgreementconfirming said canceiEation and directing ail earnest <br />64. money paid hereunder to be refunded to Buyer, unless Buyer prouides for payment o` the cosi of said repairs ar <br />65. escrow amounis related thereto above the amount specified on fine 57 of this Addendum. <br />66. OTHER: ' <br />67. ' - <br />6$. <br />69. <br />FL�7 <br />71, <br />72. <br />73. <br />74. <br />��. ��� 12l27/07 � f�-14�07 <br />«��� Carolyn E. Olson, President (Date) �e� (Date) <br />76 Greater Metropolitan Housing Corporation 1�_1 �D� <br />� <br />(Sellerj {DaUe} (Buye� (��) <br />77, THIS IS A LEGALLY BINDING CONTAACT BETWEEN BUYER(S) AND SELLER(S). <br />78. IFYOU DESIRE LEGAL ORTAX ADVICE, C�NSULT AN APPROPRIATE PROFESSIONAL. <br />ER 175-2 (07/07) <br />