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124 Seller is advised that the Property may be sold with the assistance of other Licensees working as buyer agents and
<br />125 that Licensee's company policy is to cooperate with and compensate buyer agents. Buyer agents are Licensees who
<br />126 show the Property to prospective buyers, but who represent only the interests of the buyer. Buyer agents owe duties
<br />127 of trust, loyalty, confidentiality, accounting and disclosure to buyers. All representations made by buyer agents about
<br />128 the Property are not made as the agent of the Seller.
<br />129
<br />130 3. Limited Agency Authorization. Licensee or the principal or managing broker may represent Buyer as a buyer agent.
<br />131 If such a Buyer wishes to see the Property, Licensee has agency duties to both Seller and Buyer, and those duties
<br />132 may be different or even adverse. Seller knowingly consents to Licensee acting as a limited agent for such showings.
<br />133
<br />134 If limited agency arises, Licensee shall not disclose the following without the informed consent, in writing, of both
<br />135 Seller and Buyer:
<br />136
<br />137 (a) Any material or confidential information, except adverse material facts or risks actually known by Licensee
<br />138 concerning the physical condition of the Property and facts required by statute, rule, or regulation to be
<br />139 disclosed and that could not be discovered by a reasonable and timely inspection of the Property by the parties.
<br />140 (b) That a Buyer will pay more than the offered purchase price for the Property.
<br />141 (c) That Seller will accept less than the listed price for the Property.
<br />142 (d) Other terms that would create a contractual advantage for one party over another party.
<br />143 (e) What motivates a party to buy or sell the Property.
<br />144
<br />145 In a limited agency situation, the parties agree that there will be no imputation of knowledge or information between any party and
<br />146 the limited agent or among Licensees.
<br />147
<br />148 Seller acknowledges that Limited Agency Authorization has been read and understood. Seller understands that Seller does not
<br />149 have to consent to Licensee(s) acting as limited agent(s), but gives informed consent voluntarily to limited agency and waives
<br />150 any claims, damages, losses, expenses, including attorneys' fees and costs, against Licensee(s) arising from Licensee's(s') role
<br />151 of limited agent(s).
<br />152
<br />153 (1) SELLER AUTHORIZATION AND COOPERATION. Seller agrees to provide Broker with the required information necessary
<br />154 for entry into a MLS, Internet or other advertising media, to include electronic media and the use of any exterior /interior photos, if
<br />155 applicable. Seller will cooperate with Broker by permitting the Property to be shown at reasonable times and authorizes Broker to place and
<br />156 remove "For Sale" and other signs on the Property.
<br />157
<br />158 1. Seller authorizes Broker and cooperating brokers, buyer brokers, Broker's personal assistants, contractors, inspectors,
<br />159 appraisers and others reasonably necessary to market the Property to enter the Property. Seller acknowledges that a buyer may
<br />160 enter the Property with contractors, inspectors or appraisers without being accompanied by Broker. Buyer or Buyer's broker may
<br />161 take videos, photos and electronic images of the Property.
<br />162 2. Seller will provide Broker with key(s) necessary to access the Property.
<br />163 3. Seller authorizes Broker to have duplicate keys made.
<br />164 4. Seller agrees not to rent or lease the Property during the term of this Listing Contract without written notification to
<br />165 Broker.
<br />166 5. Seller agrees that Broker may work with buyer brokers to assist in performing Broker's duties according to the
<br />167 terms of this Lisfing Contract.
<br />168 6. Seller grants to Broker an exclusive, non - revocable, copyright license to disseminate, publish, modify and reproduce all of the
<br />169 content of this Listing Contract, including but not limited to, price and terms of financing on a closed sale, photographs, drawings,
<br />170 written descriptions, narratives, and motion pictures obtained or produced by Broker and Broker's agents pursuant to this Listing
<br />171 Contract to members of the Indiana Association of REALTORS®, Inc., to other brokers upon request and to a MLS, Internet or
<br />172 any advertising media. Seller agrees that Broker shall own all rights, title and interest, including but not limited to, any copyright in
<br />173 Property images taken by Broker's photographers or agents.
<br />174 7. Seller authorizes its utility companies to divulge all utility information to Broker and to provide copies of utility
<br />175 statements, if requested. Seller's utility companies are as follows: A. E. P. / NIPSCO / s . B . WATER CCHPANY
<br />176
<br />177 8. Seller authorizes its lending institution to divulge all mortgage information to Broker and to provide copies "e
<br />178 note and mortgage, if requested. Seller's lending institution is N/A
<br />179 and the mortgage loan number is N/A
<br />180 9. Seller N1 does Ll does not authorize Broker to disclose the existence of multiple offers to Buyer, if Seller has authorized
<br />181 disclosure of the existence of offers on the Property, Broker shall also disclose whether offers were obtained by the listing
<br />182 licensee, another licensee in the listing firm or by a cooperating broker. (NOTE: Disclosure of individual and company names is
<br />183 not necessary.)
<br />184
<br />185 If Seller's mortgage is subject to a pre - payment penalty, Seller agrees to give timely written notice to Seller's lender
<br />186 that the mortgage is to be pre -paid from the sale proceeds of the Property. It is acknowledged that Seller's failure to
<br />187 give this notice may result in a pre - payment penalty to be paid by Seller.
<br />188
<br />189 (J) LOCKBOXIKEY AUTHORIZATIONIUSE. To facilitate access to the Property, a lockbox installation ❑x is ❑ is not
<br />190 authorized, subject to the following acknowledgments /conditions:
<br />191
<br />192 1. Seller will safeguard valuables. Seller accepts responsibility for preparing the Property to minimize the likelihood of injury, damage
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<br />(Property Address)
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