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1 Mat-Su Title Agency, LLCFor Sale By OwnerHelp PacketMAT U TITLE AGENCY, LLCESCROW DEPARTMENT1981 E. PALMER-WASILLA HWY., SUITE #1 OOWASILLA, ALASKA S9654 TELE: (907) 376-5294 0 FAX (907) 376-1237lN STATE TOLL FREE: 1-877-377-5294 Ett4 AlL: \M M/. TITLE AGENCY, LLC"The Valley's only locally owned and operated title company''F'OR SALE BY OWI\IER HT,.LP PACKETA ttached is our FOR SALE BY OWNER HELP PACKET. These documents should helpmake your sale process simpler. lncluded are:. Purchase and Sale Agreement with Earnest Money Deposit. Owner Financing Terms - this document will only be filled out and signed if youas a Seller will be making a loan to the State of Alaska Residential Real Property Transfer Disclosure Statement. This isa document that is required by the State of Alaska to be filled out by the it out and make copies to give to any serious potential Closing Costs schedule which was provided by a local lender.

2 Lt shows thenormal and/or customary closing costs on different types of Payoff lnformation Form - please complete and sign the Authorization Form sothat we may obtain payoff information for the closingFor additional helpful forms you may need during your transaction, please visit ourwebsite at sure to contact your Homeowners Association, if you have one, and ask theirrequirements and procedures when selling your free to stop by Mat-Su Title and order a Preliminary Title Report (prelim) as soonas possible to give yourself a head start on your transaction. The preliminarycommitment identifies everything that is recorded against the property and is the firststep in opening up a title and escrow file. This first step can be taken as soon as acontract has been signed with your buyer(s).

3 Mat-Su Title has been in the lille aad *crow business for oyer3O yealrs and b theValley's only locally owned and opented Tifle Company. We arc herc to helpyou, so please do nothesibte to E. HWY. #1OO O WASILLA, ALASKA 99654 TELE: (907) 376-5294 tr IN STATE TOLL FREE: 1-877-377-5294 o FAx (907) 376-1237 WEB PAGE: D EMAIL: SALE BY OWNERPURCHASE AND SALE AGREEMENTWITH EARNEST MONEY DEPOSITR eceived from(the "Buye(s)"), theCheck #(the 'Selle(s)"), assum of $Dollars ($_), bypaid toearnest money and deposited with Mat-Su Title lnsurance Agency, lnc, on the terms as set forthas follows:1. Sale. The Selle(s) agrees to sell to Buye(s) and Buye(s) agrees to purchase, at theprice and on the terms and conditions set forth below, the following described property in thePalmer Recording District, Third Judicial District, State of Alaska:hereinafler "the Property".

4 The sales price includes the following personal property (if none,leave blank).-2. Price. The total purchase price for the Property is: gthe Buye(s) as follows:payable by(a) The earnest money deposit mentioned above is to be held by Mat-SuTitle lnsurance Agency, lnc. in its non-interest trust account. Said earnest money will be held byMat-Su Title lnsurance Agency, lnc. until the transaction is completed or fails to close. lf thiBuye(s) is unable to complete this purchase, the earnest money may, at Seller's sole option, beforfeited as liquidated damages and selle(s) may elect to pursue any other remedy available atlaw or in equity, if any. should the sale close, the earnest money deposit shall be creditedagainst the purchase price due Selle(s) at closing.(b) The balance of the purchase price in the form of cash or certified checkshall be deposited with the escrow agent on or before closing, or payable as follows:(Leave blank if no financing)3.

5 Condition of Propertv. Buye(s) offers to purchase the property in its present "As-ls,condition (if left blank), or, subject to the following items to be completed before closing:4. Other Buver Gontinoencies. Other contingencies of Buyer(s) purchase are:(lf none leave blank)Purchase and Sale Agreement withEarnest Money Deposit- Page 1 of 35. Charqes. Upon closing, the escrow agent shall charge the Selle(s) and/or Buyer(s) asindicated by placing a mark in the appropriate column (if both Seller and Buyer column marked,the costs will be divided equally).Document PreparationRecording FeeOwner's Title lnsuranceLender's Title lnsuranceBank Set-Up FeeAnnual Escrow FeeEscrow Closing FeeOrigination FeeCommitment FeeCredit ReportFlood CertificateResale CertificationHome lnspectionDiscount PointsTax RegistrationHOA Transfer FeeAppraisalSurvey/As BuiltAssessmentsSmoke DetectorsWell Flow TestReservesVA Funding FeeAssumption FeeWell/ Septic lnspectionOther:Taxes for the current year, rents, insurance, interest, homeowners dues, mortgage reserves,water and any other utilities constituting liens and security deposits, shall be pro- rated ortransfened as of the date of recordation of the deed.

6 Possession of the property will occur onrecording, or6. Titlq and Deed. selle(s) shall convey marketable tiue to the property to Buyer(s) by warrantydeed free and clear of all liens, charges and encumbrances, clouds and defects whatsoever,except:7. Time. The closing date shall be on or before _. lf Selle(s) isunabletocloseordeliverpossessionofthee rop@erthanfoianyreason caused by the acts or omission of Buye(s), selle(s) shall return to Buye(s) the earnestmoney Title Guarantv lnsurance. A title insurance policy in the amount of the purchase price issuedby Mat-Su Title lnsurance Agency, lnc. as agent for its underwriter will be issued to Buye(s) atclosing. lf Seller(s) financing is being provided, a standard mortgagees title policy will be issuedto the Selle(s) in the amount of the Preliminarv Title Reoort.

7 Selle(s) shall obtain for Buye(s) a commitment to issue therequired title policy ("title report") from MafSu Title lnsurance Agency, lnc. immediately uponthe execution of this Agreement. A copy will be provided to Selle(s) and Buye(s). Within ten(10) days from the receipt of said title report by Buye(s), Buye(s) shall notify Selle(s) and thetitle company of any restrictions, reservations, limitations, easements and conditions of record,("title defects") disclosed in the title report which are objectionable to Buye(s). ln the event thatBuyer(s) so notifies Selle(s) of any title defects, Seller(s) shall have until the closing date tocure or remove the title defects. Selle(s) shall be obligated to remove all title defects objectedto by Buye(s) or shall notify Buye(s) that such items will not be removed at or prior to closing inwhich event, Buye(s) shall be entitled to return of the earnest money deposit.

8 Rights reservedin federal or State patents, governmental building or use restrictions, and building or zoningPurchase and Sale Agreement withEarnesl Money Deposit-Page 2 of 3regulations and provisions shall not be deemed dEfects or encumbrances. Any defects orencumbrances may be discharged at closing out of the purchase Broker's Commission. The Selle(s) and Buye(s) represent that no real estate broker wasinvolved in this transaction and that no brokerage fees or other compensation is due any realestate broker or any other person because of this Escrow Aoent. This transaction shall be placed in escrow with Mat-Su Title Agency, LLC("escrow agent"). A copy of this Agreement shall be deposited with the escrow agent by theBuyer(s), and this Agreemont shall serve as the escrow instructions.

9 The escrow agent mayadditionally attach its standard escrow , Closinq Documents - Funds. On or before the closing date, the escrow agent shall recordthe deed and any other instruments required to be recorded and shall deliver to each of theparties or thelr assigns, the funds and documents to which they shall be respectively entitled,together with its escrow statemEnt, provided that the escrow agent shall then have on hand allfunds and documents necessary to complete the transaction and provided the title company hasstated that it shall be in a position to and wlll issue and deliver, upon the flling of the deed ofrecord, the title insurance required Bindino Effect. This Agreement shall be binding upon Selle(s) and Buye(s) and theirrespective heirs, executors, administrators, successors and assigns.

10 Neither party shall assignor transfer thls Agreement wlthout the wrltten consent ofthe non-asslgnlng will hold title as:'14. Additional Terms:Purchase and Sale Agreement wlthEamest Money Deposit- Page 3 of4 Seller(s):Buye(s):Printed NamePrinted NamePrinted NamePurchase and Sale Agreement withEamest Money Deposlt-Page 4 of 4 Printed NameEmail:Date:Time:Email:Date:Time:Sign atureffiTOwner Financino TermsPromissory Note Amount: $Interest Rate: % ts tnffi Nolf interest rate is adjustable, how is it to be adjusted:Payment Amount: $_Payment Due Date(s): Monthly _ Annuilly _ OtherBalloon Payment(s): Yes NoAmt. and Due Date(s):Maturity Date of Note:Due on Sale Clause: Yes NoLate Payment Fee: yes - No -lf Yes, . % of a monthly prymEnt of $_ if m-re tn-a-n-'_ days late(may not be less than 5 days)Pre-Payment Penalty: yes _ Nolf Yes, what is penaliy amount aid m-ethod of calcuEtioi]-Release Provisions?