2004 S ERCD - Julia Blackwood Purchase of Property

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(d) Seller will have twelve (12) months following closing to vacate possession of the farmhouse located on the Property. The time allotted to Seller to vacate possession of the farmhouse maybe extended by agreement in writing of the Seller and the Buyer. Seller will ~AD~C~ds have up to twelve (12)~following closing to remove personal property from the Property. Any personal property that is not removed by Seller within the earlier of the date Seller vacates ~~NZ~S possession of the farmhouse or twelve (12)~ollowing closing will be considered abandoned property and maybe retained or disposed of by Buyer in its sole discretion. All structures located on the Property are real property. Seller agrees to move personal property located on the Property as necessary to enable Buyer to complete site evaluation, soil evaluation and any other engineering or site preparation deemed reasonably necessary by Buyer. (e) Buyer agrees that this Purchase and Contract is for the Property only, including any structures located on the Property and is not for the purchase of personal property which is located on the Property such as tools, equipment, supplies, and other furnishings located in or around the structures or otherwise on the Property. (f) A condition precedent to Buyer's obligation to close on the sale of the Property is that Buyer's Board of Commissioners formally approve the purchase of the Property by action in an open public meeting as provided bylaw. 6. MISCELLANEOUS PROVISIONS: (a) This Agreement embodies and constitutes the entire understanding between the parties with respect to the transaction contemplated herein and all prior agreements, understandings, representations and statements, oral or written, are merged into this Agreement. Neither this Agreement nor any provision hereof maybe waived, modified, amended, discharged or terminated except by an instrument signed by the party against whom the enforcement of such 7