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PURCHASE AGREEMENT <br />Thls AGREEMEN'P Is made and entered Into thiQ'day of <br />2005, between PAMELA CRA5$0 SGRO, TRlJSTEE OF 7HE <br />JOSEPhIINE CRlASSO TRUST(hereinaffie.r called "Seller") and the VILLAGE OF <br />MAYFIF-LID (hereinafter called "Buyer"). <br />V!lHEREAS, the Buyer fs the Village of MayField, wh(ch is focated in the <br />County of Cuyahaga, State of Qhlo, and is fwlly auxhorized to enter Into this <br />P,greement; and <br />WHEREAS, Seller agress to sell to Buyer and Buyer agrees ta purchase the <br />following described real esti3te, with any apptjrtenances, located in the County of <br />CuyaMoga, Village of'Mayfileld, and State of Ohio: <br />546 S.O. M. Canter Raad, Permanent Parcel No. 831-11-013. <br />The terms of the Agreement are as follows: <br />1. PURCHASE PRICE. The Seller agraes to sell and the Buyer agress to <br />purchase tMe real estate set forth above for the sum of rwo Hundred 7hausand <br />Dollars ($200,000.00); payable In full on the dete set for clasing of thls matter. <br />Such purchase $hall be contingent upon Village Council's approvaf. <br />2. IIIE P¢3P-NiISF-se The purchase prlce of the premises and personal <br />property shall includa: the premises, and any impravements thereln. <br />3. 1???SF-SSIONo Buyer shali be entitied to take possessfQn of sald <br />premises as of the date set for the ciosing of this matter. Seller shall be <br />responsible fior any and all uxflitles consumed upon the premises, unrfl possessian <br />is transierred to F3uyer, lBuyer and Seller shall Cooperake to have any and all <br />06/10/2005 FRI 14:43 (JOB N0. 50501 U002