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02/27/2001 02:16 FA'1; 14407770107 GAREAU DUBELKO-- Q02 <br />PURCHASE AGl[iEE;MEI'qT <br />DARYL DAVIS, ownes af the hereinafter described property, heman refsrred to aa <br />'Se1ier", agree to sell w 3`HE CITY OF NORTH OLMSTED, an Qhia municxpal corpwAots, <br />hercinaf}= refeued to as 'Buyer', and Buyer ag7+ees to purchase from Se11u the real praQeaty <br />heaein called `said pmperty", which cansists of an improved paroei o€ real pmperty, tagethus with <br />the tene.menLs, hereditaments, and appurtenances belonging or Tarnwtain;ng ta it, ]aca.ted at 27516 <br />Bupremut Ridge Road, North (3lmsted, Ohio 44070, known as Permanent Parc+cel Number 232,11- <br />004, and as is more fully descn'bed in the Legal Description which u atfached heraa, made a pazt <br />heaeof, and marked respectively as Exhibit "A", ` upon the following terms and conditions: <br />AttTICLE F. P[TRCHASE PRICE <br />Am n <br />1.01. The purchase price for said propeity is pNB HDNDREU TVVENTY TWO <br />TEOUSAND FNB HUNDRED DOLLARS ($122,500.00), and it shall be plaaed, in escmw as <br />herein provided Fayabie to SeTler upon closing. <br />ARTICLE 2. FSCR?W <br />Qpening of Escrow <br />2.01. An escrow shall be opened, pursuant to this Agreement at CAICAGO TITLE <br />COMPANY within five (5) days from the date herei.a.