Preview
FILED: PUTNAM COUNTY CLERK 04/09/2024 03:34 PM INDEX NO. 500623/2024
NYSCEF DOC. NO. 3 RECEIVED NYSCEF: 04/09/2024
EXHIBIT 6(I))
FILED: PUTNAM COUNTY CLERK 04/09/2024 03:34 PM INDEX NO. 500623/2024
NYSCEF DOC. NO. 3 RECEIVED NYSCEF: 04/09/2024
CONTRACT OF SALA
OAR F{LE NO, KE-3393
ilated: }(#'o*hrt',.?T-* 2022
ftftrFs
Seller snd Puloha*er agfse as follows;
SHLLES: PHTER ENCLAT'{D
ADDRE$S: 2l4l $tadingAvenuen Apt, 607, Bronx, New York t0462
FUKCHA"SERI DAVID MURPHY and PATRICTA M:URPIIY
ADDRB$S: 1?57Route300,Newburgh, New Yo* 125$0
W&Q#AS&&X&Eu4 Nr. Wm$W.,
1, Seller shall soil &nd Pwcheser shall buy the Properfy on tbs tcrrns stated iri thi,s Contraet.
2, Ths Property is de$cribsd a* follaws:
214 $taff RidgeRo*d
Town of $outheaet
County ofFutnam
(6S.1?-l-18)
Descripfion attached ag Exhibit "A".
&wfr IN"#s-r4Nplm{:fi ayw{Js.I{w
3, Ttre sale includss:
(a) AU bulldinp and iutprovemeuts onthe Ptoperty.
{&_vf g&fi s,lrypP$R$:(}r{zrf &Grs{rJ
{b} The following fixhrm and artisles of persunal pnrpcrty afteshed to ar used in eounpatlon with tho
Property, Soll*r represents that tlroy nre paid for and ownod by Seller ftes end olenr of *ny liEn other than
the Existlng Mortgage. They lnulude but nre not limited to plumbing heating, cooking fixtures, scresns,
stonn \ilindowg, sfo,ril doom, pwnps, rhrnbbory, exirting lighting fixtures, oxi*ting wsll-to-wall carpoting,
ts tho extent they are pre*ent$ lo*nted *n the prerni*es and in their prese*t'nAS IS" working condition.
ln the svent there are solat ltanels on the premises, such panela are owuod, not leaced ar this contract uhsll
be *ubject to Furehaeer approving th* terme of s*ph l,ease within five day* of r*ceipt uf a copy of tlxs
sttme. Iu the event ths Furchaset'doeg not want to a$sums tho leass, $elter nhall pay offany balanue d:ue
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FILED: PUTNAM COUNTY CLERK 04/09/2024 03:34 PM INDEX NO. 500623/2024
NYSCEF DOC. NO. 3 RECEIVED NYSCEF: 04/09/2024
on the sotar panels or either party rnay cancel this conhact and the down payment on this contact shall be
immediately retunred.
Excludecl fiom this sale are:
Funriture and household furnishings.
(c) No part of the cbnsideration for this kansaction is attributed to the personal property being conveyed
along with the real property..
PRICE
4. The Purchaso Prise is: $200,000.00
PayabJe,pp fpllplvs;
Upon the signing of this
Contract by cheok subject to collection $ 75,000,00
Balanoe in sash or cortified chock
on delivery of tho Deed at the Closing $uioo0CIg
TOTAL PURCHASE PRTCE $200,000,00
{18,cqP;trABL4!uN.p$:
5. All money payabl.e under this Contract, unless otherwise specified, shall be either:
(a) Cash, but not over ONE THOUSAND AND 00/100 DOLLARS ($1,000.0 0),
(b) Cood certified check of PURCHASER, New York State admitted Attomey's escrow (IOLA)
account check, or offisial check ofany bank, savings bank, trust company, or savings *nd loan association
having a banking office in the State of New York, or as otherwise
directed by the SELLER prior to closing.
(c) Money other than the purchase price, payable ro SBLLER at CLOS NG, may be by check of
PURCHASER up to tho amount of FIVE HLTNDRED AND 00/100 DOLLARS ($500.00), or
(d) As otherwise agreed to in writing by SELLER or $ELLER'$ attorney.
ESCRQW OF.D.0WPAYM-EW
6. (a) Seller's attomey ("Escrowed) shall hold the Downpayment for Seller's ascount in escrow in a
segregated non-interest bearing IOLA account at the Walden Savings Bank until closirrg or sooner
termination of this contract and shall pay over or apply the Downpoymont in accordance with the terms
of this paragraph. At Closing the Downpaym€nt shall be paid by Escrowee to Seiler. If for any reason
Closing does not occur and oither party gives Notice to Esuowee demanding payrnenf of the
Downpayment, Escrowee shall give prornpt written Notice to tho other party of such demarrd. If Bscrowoe
does not receive Notioe of objection from such other party to the proposed payment within ten (10)
business days after the giving of such Notioe, Esorowee is hereby authorized and direoted to rnake such
payment, If Escrowee does receive such Notice of objection within suoh tetr (10) day period or if for any
other reason Escrowee in good faith shall elect not to rnake such p&)rrnent, Escrowee shall continue to
hold such amount until otherwise directed by Notice from the parties to this contract or a final,
nonappealable judgment, order ot decree of a court. However, Escroweo shall have the right at any time
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FILED: PUTNAM COUNTY CLERK 04/09/2024 03:34 PM INDEX NO. 500623/2024
NYSCEF DOC. NO. 3 RECEIVED NYSCEF: 04/09/2024
to deposit the Downpaymont with the clei'k of a court in the county in whicfu the premises are located
arrd
shall give written Notice of such d.eposit to $eller and Purchasrr. tipon such deposit or other