Form Rd 1955-45 - Standard Sales Contract - Sale Of Real Property By The United States

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Position 5

FORM APPROVED

OMB NO. 0575-0172

UNITED STATES DEPARTMENT OF

Form RD 1955-45

AGRICULTURE RURAL DEVELOPMENT FARM

(Rev. 11-06)

Advice No.

SERVICE AGENCY

STANDARD SALES CONTRACT

SALE OF REAL PROPERTY BY THE UNITED STATES

THE OFFER DATE OF THIS CONTRACT (THE DATE SIGNED BY THE PURCHASER) IS

Rural Housing Service;

Rural

THE UNITED STATES OF AMERICA, acting through the

Rural Utilities Service;

Business-Cooperative Service;

Farm Service Agency, hereinafter referred to as the ''Agency'', as SELLER, agrees to sell to the

PURCHASER named below, and said purchaser agrees to buy, the property identified hereinafter, subject to the CONDITIONS

OF SALE on pages 3 and 4 hereof which are incorporated and made part here of. PROPERTY IDENTIFICATION. Street

address, including ZIP code and county:

Brief Legal Description:

together with the appurtenances there unto belonging.

EARNEST MONEY DEPOSIT, $

, (TO BE REFUNDED TO PURCHASER IF THIS OFFER REJECTED

TO BE

TO BE REFUNDED TO PURCHASER AT CLOSING

OR IF AGENCY CREDIT SALE IS NOT APPROVED)

TO BE

APPLIED TO CLOSING COSTS, AT CLOSING, WITH ANY BALANCE REFUNDED TO PURCHASER

APPLIED TO CLOSING COSTS, AT CLOSING, WITH ANY BALANCE APPLIED TO THE PURCHASE PRICE.

PRICE: $

CASH AT CLOSING: $

, WITH BALANCE OF

BY CREDIT SALE (SECURED BY MORTGAGE OR DEED OF TRUST) ACCEPTED

BY AGENCY PROVIDING FOR EQUAL

INSTALLMENTS OF PRINCIPAL AND INTEREST AT THE

AGENCY INTEREST RATE IN EFFECT AS SET FORTH IN RD INSTRUCTION 440.1 (AVAILABLE IN ANY AGENCY

OFFICE) AT THE TIME THE APPLICANT IS NOTIFIED THE CREDIT SALE IS APPROVED

WITH ANY BALANCE

OF THE LOAN TO BE PAID IN FULL NOT LATER THAN THE

ANNIVERSARY OF THE LOAN.

CONTINGENCY. If a credit sale is indicated in paragraph 5 above, this contract is contingent upon the Agency approving a

credit sale, satisfactory to and in the name of the following party(ies):

CONVEYANCE. Title is to be taken in the following name and style:

SIGNATURE. This contract is signed by one or more of those personally named in paragraph 6 or an authorized party or

official of the legal entity named in paragraph 6 (called the Purchaser).

OCCUPANCY. Purchaser will close with property

occupancy by

vacant; subject to

Purchaser's own occupancy only;

other(s).

THE PROPERTY DESCRIBED IN THIS CONTRACT

10.

is not subject to taxation while owned by the Government.

Taxes will be

paid in full

prorated in accordance with Item H, page 3 of form.

DEED RESTRICTION. The property

11.

is not subject to deed restrictions in accordance with Item O, page 3 of form.

12.

SPECIAL STIPULATIONS:

13. The sale shall be closed at

within thirty (30) days

after indication by the Seller of readiness to close, unless the parties otherwise agree in writing.

Purchaser has signed this contract on the date shown in paragraph 1, above.

ACCEPTED BY THE UNITED STATES OF AMERICA

Purchaser's Signature

(Signature)

Type or Print Purchaser's Name

Purchaser's Signature

(Type Name and Title of Official)

Type of Print Purchaser's Name

(Agency)

UNITED STATES DEPARTMENT OF AGRICULTURE

Co-Signer's Signature

Date Accepted

Type or Print Co-Signer's Name

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