THIS PURCHASE AGREEMENT AND ESCROW ... - LBAMspray.com

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THE PROPERTY DESCRIBED IN THIS INSTRUMENT MAY NOT BE WITHIN A FIRE PROTECTION DISTRICT PROTECTING STRUCTURES. THE PROPERTY IS SUBJECT TO LAND USE LAWS AND REGULATIONS THAT, IN FARM OR FOREST ZONES, MAY NOT AUTHORIZE CONSTRUCTION OR SITING OF A RESIDENCE AND THAT LIMIT LAWSUITS AGAINST FARMING OR FOREST PRACTICES, AS DEFINED IN ORS 30.930, IN ALL ZONES. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING FEE TITLE SHOULD INQUIRE ABOUT THE PERSON'S RIGHTS, IF ANY, UNDER ORS 195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY THAT THE UNIT OF LAND BEING TRANSFERRED IS A LAWFULL Y ESTABLISHED LOT OR PARCEL, AS DEFINED IN ORS 92.010 OR 215.010, TO VERIFY THE APPROVED USES OF THE LOT OR PARCEL, TO VERIFY THE EXISTENCE OF FIRE PROTECTION FOR STRUCTURES AND TO INQUIRE ABOUT THE RIGHTS OF NEIGHBORING PROPERTY OWNERS, IF ANY, UNDER ORS 195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as ofthe date and year first above written. BUYER: SUTERRA LLC, a Delaware limited liability company By: ~ Nam~ C;;;C; Title: Q~ 5\l~ yer SELLER: CITY OF BEND, an Oregon Municipal Government By: Eric King City Manager _ AGREED AND ACCEPTED BY: AMERITITLE, INC. By: Its Authorized Signatory _ K:\1B5B5B9\00001\1B009_BAJ\1B009A23VA==Purchase Agreement FINAL 10-21..QB.doc {025696.3} 18
LIST OF EXHIBITS Exhibit A Exhibit B Exhibit C Legal Description Form ofPermit and Right ofEntry Agreement Form ofStatutory Warranty Deed {025696.3} 1
Page 1 and 2: PURCHASE AGREEMENT AND ESCROW INSTR
Page 3 and 4: (b) The parties acknowledge and agr
Page 5 and 6: not affect the Buyer's obligation t
Page 7 and 8: and review during the Due Diligence
Page 9 and 10: een caused by Buyer's activities on
Page 11 and 12: proceed with all good faith and exp
Page 13 and 14: 19. Indemnification. (a) Seller's I
Page 15 and 16: Ifto Buyer: Ifto Seller: Suterra LL
Page 17: deferred exchange so long as there
Page 21 and 22: LEGAL DESCRIPTION SUTERRAPARCEL A P
Page 23 and 24: EXHIBITB Form ofPermit and Right of
Page 25 and 26: 3. TERM OF PERMIT The term of this
Page 27 and 28: 10.2.3 Workers' Compensation Insura
Page 29 and 30: Exhibit A - Permit & Right ofEntry
Page 31 and 32: EXHIBITC Form ofStatutory Warranty
Page 33 and 34: DATEDthis dayof ,2008. CITY OF BEND
Page 35: EXHIBIT A Legal Description Al,lAR,

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