16-2005 Harold Fick Purchase and Sale

Home Browse Search

P=+i13i[~5 15:^L~ BONDY' RILE`' I<OSI:I STEI~IHRT ~ ?7E~'72?7 NO.E~S Dl ~r>?~l~ ~o ~IJRCHAS~ Agreement of Purchase And Sale "CHE CO~tPORATION OF THE COYJN'I'Y O)l+ 1~SSEX having inspected the property, hereby agree with (aS Purchaser) HAROLD THaM~RS .p'ICI (as VendUr) to purchase All arty] Sin6ular the premises known as 8780 AND 8752 8~' CONCESSION ROAD, ESSEX, ONTARIU having a frontage of 829 FT..more ar less by an IRREGUILAR depth being described as: Pf1,R"1' LOT IG, CONCESSION $, IN TIME TQ'S'VN OF EBSEIC (I'OR1d1Ek1.LY IN THl/ Tt3'tNNSHIP OF' COLCHESTER NORTH), 1~l 'I'1`IE C~p~"ry pF E~r,BEX (4G ~±~C'RES MORE OR LESS) registered ira tiie Land Registry Office for the County of Essex (NQ, 12) (.hereiin called the "real property") ac tY~e price of. TI-YXR.EE HI7NDRED SEVENTEEN TI~CDUSAND AN~7 ~~TVE HTJTTDItED Dt3LLARS--~------ {$317,500.000) of i..a~vfu.l money of Canada payable Cashlcheque as follows: ON11 AOLLAR--------------------------------------------------------___--~--------------____---------- ($1.00) to file Vendor's Solicitor nn this date as a deposit to be held in trust pendins completion or other termii~atinn of this Agreemenr and to b~ credited on acGOUn.t of the purchase price on closing, and. agree to: !'ay the balance due on cloying by c®sh or certified cheque srlbjec:t to the usual adjustments. The Vendor agrees to deliver to the I~urclaaser, upon the executiaaa o$~ this Agreement, a copy of any survey of the real properly he may have ill leis possession, The Vendor and I'ttrehuser acknowledge that appra~timately 45 acres of the real property are leased fur farming purposes. The Vendor shall provide to the .Purchaser, upon the execution of this Agreement, full details of floe farm lease agreement. Tlae Veladar and Purchaser further al:knowlcdge that floe lease payrtaent for the 2005 calendar year slaalI be made to the Essex-'S~'uidsor Sr~Iid Waste Autlaor.ity. 4. '1'lae Vendor atnd P'tlrc.haser acknowledge and agree that the real property is being purchased pursuamt to the provisions of the °~Property Value Protection Plan Agreement far ~e Essex-Windsor Il;egioual Landf"ill" (approved by the Essex-Windsoa Solid Waste Authority (EWSdV'A) on Jlnae 7, 1994), and in float regard the Vendor and the Purchaser hereby agree to sign an Agreement, fY copy of which is attached hereto as Schedule "A" to this Agreement, prior to the ciosuag of this transaction. 5. The Vendor ackraorwledges nnil agrees that all of floe itet;ias owned by the Vendor and found on file property out_cide the buildings shall be removed fra~m floe subject property before closing, a~tid without Limiting floe generality of this paragraph, floe Vendor agrees to remove all vehicles, tires, equipment, trailers, construction material r$aad other such items as recliiired ny the Purchaser. G. The Vendor and Purchaser acknowledge that as part of the appraisal of the subject Lands, certain photographs were taken by file Purchaser on August ar"', 2004. The Vendor acknowledges fond agrees all of the fixtures, and all of the chattels included in this Offer that were iii the residence as i,f tlugtlst 5'~, 2004 shall remain oil the day clositag, and further that the buildings on floe subject property shall be in yubsl:antially the same conditiota on the day oP closing as at August 5`~, 2004, subject to uornial wear and tear. The Vendor acknowledges that he has uo salvage rights with respei:t ti- any building on this property, save anti except the mobile home unit referred to iii paragraph $ herein. , 7. The Purelaaser or itc agent shall have the right to inspect the subject property anal all buildings thereotl op or before the day of dosing on ias many Qccasioaas as the Purchaser may deem, necessary or appropriate to determine whether or not the provisions of dais Agreement have bran complied with. In khe event any f-fixtures and/or chattels required to renaaiia with the land or buildings to bt: transferred to the Purchaser' lt:ive been removed or damaged, the parties hereto acknowledge and Agree that ata adjustnaGnt to the purchase price will be Made on closing. ll ~ - ~ ~ ~ ''~,