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2020 062 RESOLUTION
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2020 062 RESOLUTION
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Last modified
3/2/2023 12:40:35 PM
Creation date
3/2/2023 10:50:09 AM
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Legislation-Meeting Minutes
Document Type
Resolution
Number
2020 062
Date
12/21/2020
Year
2020
Title
6488 WHITE ROAD
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HomeSteps File No: 1237527 <br />60 <br />HomeSteps' <br />Freddie Mac Homes <br />ADDENDUM # 1 TO CONTRACT OF SALE <br />(Single -Family Real Estate Disposition) <br />For purpose of this addendum (Addendum) the Seller is: <br />Federal Home Loan Mortgage Corporation (Freddie Mac or HomeSteps) <br />Federal Home Loan Mortgage Corporation (Freddie Mac or HomeSteps), as Trustee for <br />This Addendum is to be made a part of the agreement (Contract of Sale) dated 12/21 202� between <br />Seller and Mayfield Village (Purchaser), for the property located at: <br />6488 WHITE RD CLEVELAND OH 44143 (the "Property"). <br />IN THE EVENT ANY PROVISION OF THIS ADDENDUM CONFLICTS IN WHOLE OR IN PART WITH THE <br />TERMS OF THE CONTRACT OF SALE OR ANY OTHER ADDENDA THE PROVISIONS OF THIS ADDENDUM <br />SHALL CONTROL. <br />1. CONDITIONS OF SALE: Purchaser acknowledges that Seller obtained the Property by foreclosure, deed in <br />lieu of foreclosure, forfeiture or similar process. The Contract of Sale is subject to each of the following <br />conditions: (i) final acquisition of the Property by Seller; (ii) the ability of Seller to provide insurable title; (iii) the <br />mortgage insurance company's approval of the sale; and (iv) if required by Seller, the repurchase of the <br />Property by the prior mortgage servicer from Seller. In the event any of these conditions are applicable, at <br />Seller's option and at Seller's sole discretion, Seller may notify Purchaser that the Contract of Sale is canceled, <br />the deposit shall be returned to Purchaser and Seller shall have no further obligation to sell or convey the <br />Property to Purchaser. <br />IT IS EXPRESSLY AGREED AND ACKNOWLEDGED BY THE PURCHASER THAT ANY EXPRESS <br />REPRESENTATIONS, WARRANTIES, OR STATEMENTS CONTAINED IN THE CONTRACT OF SALE, <br />WHETHER REFERRING TO THE CONDITION OF THE PROPERTY, OR WHETHER REFERRING TO THE <br />EXISTENCE OF FEATURES, FUNCTIONS OR SERVICES RELATING TO OR SERVING THE PROPERTY <br />(INCLUDING, BY WAY OF EXAMPLE ONLY, WHETHER THE PROPERTY HAS PARTICULAR TYPES OF <br />UTILITY SERVICES OR INGRESS/EGRESS RIGHTS) ARE SPECIFICALLY WAIVED, DISCLAIMED, AND <br />RENDERED NULL AND VOID. <br />P"EINMA ME (Purchaser's Initials) IN THE EVENT THAT THE CONTRACT OF SALE CONTAINS ANY EXPRESS <br />PROVISIONS IN WHICH OPTIONAL LANGUAGE EXISTS FOR SELECTION BY THE PARTIES <br />(INCLUDING, BY WAY OF EXAMPLE ONLY, BOXES TO BE CHECKED), THE PURCHASER EXPRESSLY <br />AGREES AND ACKNOWLEDGES THAT THE REPRESENTATIONS, WARRANTIES, OR STATEMENTS <br />CONTAINED IN SUCH LANGUAGE (EVEN IF CHECKED, SIGNED, INITIALED OR OTHERWISE MARKED <br />SIGNIFYING AGREEMENT WITH OR ACCEPTANCE OF THE LANGUAGE) ARE SPECIFICALLY WAIVED, <br />DISCLAIMED, AND RENDERED NULL AND VOID. <br />IT IS THE EXPRESS INTENTION OF THE SELLER AND THE PURCHASER THAT THE ONLY <br />WARRANTIES, REPRESENTATIONS, OR STATEMENTS (IF ANY) MADE BY THE SELLER AND RELIED <br />UPON BY THE PURCHASER ARE THOSE THAT MAY BE CONTAINED IN THIS ADDENDUM. <br />Seller's Initials HomeSteps Addendum #1 to Contract of Sale <br />Version May 2018 <br />Buyer's Initials Page 1 of 10 <br />
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