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<br />LISTING CONTRACT
<br />(EXCLUSIVE RIGHT TO SELL)
<br />Date: Aucrust 24, 2011
<br />In consideration of services to be performed by Hallmark
<br />(Broker /Company, hereinafter referred to as *Broker") or HOUSING DEVELOI
<br />Seller a real'
<br />property
<br />Broker as Seller's broker with irrevocable and exclusive right to sell, exchange, option, or lease the real property
<br />known as 620 COLUMBIA in Portage Township,
<br />SAINT JOSEPH County, SOUTH BEND , Indiana 46618
<br />(zip code) legally described as: LOT #8 EX SO 7 FT BIRDSELLS MFG CO SUB OF LOT # 24 & 25
<br />DENNISTON & FELLOWS
<br />(the rope
<br />This contract begins on 7 - J / and expires at 11:59 P.M. March 18, 2012
<br />subject to the following terms and conditions:
<br />List Price: $ 19 900.00 Possession: DAY OF CLOSING / PER TENANT
<br />Seller represents that 3911er[jli" X s not delinque nt on any loans whit cou 'cortatitute a lion on the roperty a
<br />the total loans affecting the Property do not exceed the list price and costs of sale. Seller is not a party to any
<br />bankruptcy proceeding. Also, Seller has the capacity to convey the Property by a general Warranty Deed or by
<br />. Did the Seller acquire ownership of the property at a tax sale, Sheriffs sale, any
<br />judicial cal sa e, or mortgage foreclosure proceeding? [3 Yes ❑No
<br />Terms of Sale: The Property may be sold for cash or any of the following methods indicated below:
<br />X Conventional Mortgage Conditional Sales Contract
<br />X Insured Conventional Mortgage FHA
<br />Assumption of Existing Mortgage Balance VA
<br />X Other CASH
<br />TRW agrees to pay costs associated financing not to exceed 0
<br />Property Offered for Sale: The above list price includes the Property and all improvements and fixtures permanently installed and
<br />affixed thereto, except N/A
<br />Items of Personal Property included In the sae: N/A
<br />(A) EXCLUSIVE LISTING. The parties understand and agree that this is an exclusive right to sell, option, exchange or lease
<br />listing, and Broker shall be entitled to the commission hereinafter established which shall be payable upon the occurrence of
<br />any of the following events:
<br />(1) at the time the Property is sold, optioned, exchanged or leased by any person, including the Seller, to any person
<br />during the term of this contract or any renewal or extension thereof,
<br />(2) at the time Seller, Broker, or any other real estate licensee secures a buyer or lessee ready, willing and able to
<br />purchase, option, exchange or lease the Property for such price and terms as specified, or such other price or terms
<br />as Seller may accept,
<br />(3) at the time an agreement is entered into to sell, exchange, option or lease during the term of this contract or any
<br />renewal or extension thereof, and ultimately completed after the termination of this contract,
<br />(4) the Property is sold, optioned, leased, or exchanged by Seller or any other person within 180 days
<br />after termination of this Listing Contract to any person procured in whole or in part by the efforts of Broker, any
<br />cooperating broker, or Seller, provided, however, this extension clause shall not apply if this Exclusive Listing
<br />Contract terminates and the Property is listed exclusively with another licensed broker, or
<br />(5) at the time of default by Seller to any valid, fully executed, written agreement to sell, option, exchange, or lease the
<br />Property.
<br />Any commission required to be paid under items (1), (3) and (4) above shall be due and payable at the dosing of the transaction
<br />when title to or any interest in the Property is transferred to a buyer or lessee. Any commission required to be paid under items
<br />(2) and (5) above shall be due and payable upon demarld by Broker. In the event that commission is not paid when due, then
<br />Broker shall be entitled to interest at the rate of Al A % per annum until commission is paid.
<br />If the Seller and a Buyer sign a Purchase Agreement, Option to Purchase Real Estate, Lease or the dosing of the sale of the
<br />Property will not take place until after the term of this contract, then this contract shall automatically be extended to coincide with
<br />the dosing date or term of the lease.
<br />620 COLUMIA, SOUTH BEND, 46618
<br />(Property Address)
<br />Page 1 of 4 (Listing Contract)
<br />Hdhwk lied Eame, Inc. 115 N. William St. South Bad, IN 46601 Phone: (574)232 -3600 Fax: (574)239 -3555 H.D.C. 2011
<br />Bruce Gordon Produced with ZipFornt0 by zipLogix 1 8070 Fftm Mile Road, Fraser, Michigan 48026 worgrzkAmiggorn
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