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PURCHASE AGREEMENT <br />This AGREEMENT is made and entered into this day of <br />2006, between RICHARD D. SCHAEFFER and RUTH F. SCHAEFFER, 6827 <br />Thornapple Drive, Mayfield Village, Ohio 44143 (hereinafter called "Seller") and the <br />VILLAGE OF MAYFIELD, 6622 Wilson Mills Road, iVlayfield Village, Ohio 44143 <br />(hereinafter called "Buyer"). <br />WHEREAS, the Buyer is the Village of Mayfield, which is located in the County of <br />Cuyahoga, State of Ohio, and is fully authorized to enter into this Agreement; and <br />WHEREAS, Seller agrees to sell to Buyer and Buyer agrees to purchase the <br />following described real estate, with any appurtenances, located in the County of <br />Cuyahoga, Village of Mayfield, and State of Ohio: <br />6827 Thornapple Drive, Permanent Parcel Number 831-23-015. <br />The terms of the Agreement are as follows: <br />1. PURCHASE PRICE. The Seller agrees to sell and the Buyer agrees to <br />purchase the real estate set forth above for the sum of Two Hundred and Twelve <br />Thousand Five Hundred Dollars ($212,500.00), the amount of which will be payable in <br />full on the date set for closing of this matter. Such price shall be contingent upon <br />Village Council's approval. <br />2. THE PREMISES. The purchase price of the premises and personal <br />property shall include: the premises, the building and improvements therein, all fixtures, <br />specifically but not limited to all electrical, heating, plumbing and bathroom fixtures, all <br />light bulbs, landscaping, window and door shades and coverings, screen and storm <br />windows, all curtains, drapes and rods, all hanging lighting fixtures, all tacked-down <br />carpeting, any built in bookcases and cabinets, stove and/or oven, and all attached <br />mirrors and storage cabinets.