Laserfiche WebLink
PurchaseA�reement <br /> Effective Date of this Purchase Agreement: (Date last party signs) <br /> Between: <br /> MORNINGSIDE FUNDING LLC <br /> 2370 Rice Blvd., Suite 200 <br /> Houston, TX 77005 <br /> ("WE"or"US") <br /> -and- <br /> Baillee E Priset <br /> Telephone: 813-862-8309 <br /> Email address: dpriset305@gmail.com <br /> ("YOU"or"YOUR") <br /> For good and valuable consideration, YOU and WE agree as follows: <br /> 1. Right to Purchase <br /> 1.1 a By Residential Lease Agreement (the "Lease") dated the same date as this right to purchase <br /> agreement (this "Purchase Agreement"), WE have rented to YOU and YOU have rented from US, <br /> on the terms stated in the Lease, the house located at 38008 Lawanda Loop, Zephyrhills, FL 33542 <br /> (the "Premises"), legally described as: <br /> WAYWARD WIND MOBILE HOME SUBDIVISION, PB 28 PGS 61-62, LOT 28 LESS <br /> EAST 6 FT THEREOF <br /> l.lb On or before the Effective Date of this Purchase Agreement, YOU will pay to US a fee (the <br /> « „ <br /> Option Fee ) in the amount of $2,000 as additional consideration for the right, but not the <br /> obligation, to purchase the Premises. The Option Fee is non-refundable. The Option Fee shall apply <br /> against the Purchase Price as defined below. <br /> All capitalized words in this Purchase Agreement which are not defined in this Purchase Agreement <br /> shall have the respective definitions contained in the Lease. <br /> 1.2 In consideration of YOUR entering into the Lease, and YOUR payment of the Option Fee WE <br /> hereby grant to YOU the right, but not the obligation, to purchase the Premises during the Term of <br /> the Lease (the "Right to Purchase") for$65,000 (the "Purchase Price") on the following terms and <br /> conditions. <br /> (a) If YOU properly exercise the Right to Purchase and comply with all requirements under <br /> this Purchase Agreement, WE hereby agree to offset against the Purchase Price $175 per month <br /> Initials: (US)��(YOi� <br />