2023-11-28-AGENDA - Laserfiche WebLink

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PAYMENTDUE --- ---_------------------------------------------------------- —--------------------- $1,875.00 (Appraised value offered by the Commission for real estate, including damages, if any, to the remainder; to be paid after approval of title and execution of a deed as hereinafter provided). The Commission shall have the irrevocable right to exercise the "Contract to Sell" at any time within ninety (90) days from date; and it is agreed that if within the time above specified, the said Commission shall declare its intention to exercise this "Contract to Sell" including the right to purchase said land, the Grantor(s) will execute and sign a General Warranty Deed when presented by the Commission and receive payment of the stated "Payment Due" from the said Commission, less any amount that may be found due and payable to any mortgagee. It is expressly understood that the said Commission shall not be obligated further unless stated herein to wit: It is understood and agreed that closing costs will not accrue to the Grantor(s) as the Grantee's Attorney will prepare the necessary documents for closing and the Grantee will pay the cost of recording all instruments conveying title to the Arkansas State Highway Commission. Grantor(s) further agrees neither to sell nor encumber the said real estate during the term of the "Contract to Sell". The Arkansas State Highway Commission is hereby authorized and directed to make payment of the purchase funds for the conveyance to Dated this day of Signature Signature Signature Signature ACKNOWLEDGMENT STATE OF ) SS COUNTY ) 20 BE IT REMEMBERED, that on this day came before the undersigned, a Notary Public, acting within and for the aforesaid County, on this day personally appeared well known to me to be the person(s) whose name(s) is subscribed to the foregoing instrument and stated to me that executed the same for consideration and purposes therein mentioned and set forth. WITNESS my hand and seal as such Notary Public this day of , 20 MY COMMISSION EXPIRES: NOTARY PUBLIC