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......-.. 225 16. CONSTRUCTION. 37745645 226 227 228 229 230 231 232 233 234 235 236 17. 237 238 239 240 18. 241 242 243 244 245 246 247 248 249 250 19. 251 25 253 254 255 256 257 258 259 260 Words and phrases shall be construed as in the singular or plural number, and as masculine, feminine or neuter gender, according to the context. When the term "listing broker" is used, it refers to one of the following: a) a broker working for the Seller under a listing contract; or b) a broker assisting the Seller as a transaction broker, whichever is appropriate. When the term "selling broker" is used, it refers to one of the following: a) a broker working for the Buyer under a buyer's agency agreement; b) a broker assisting the Buyer as a subagent of the Seller; or c) a broker assisting the Buyer as a transaction broker, whichever is appropriate. The term "broker" shall include the broker's affiliated licensees (referred to as "salespeople"). With the exception of the term "banking days" as used in paragraph 12, a day is defined as a 24 hour calendar day, seven days per week. FLOOD.PLAlN. Buyer may terminate this contract if any portion of the property is located in a designated 100 year flood plain unless disclosed to Buyer in writing prior to contract. If so terminated" earnest money to be returned to Buyer subject to paragraph 12. ACCESS, FINAL WALK.THROUGH AND UTILITIES. Upon reasonable advance notice to Seller or listing broker, Seller agrees to provide access for appraiser(s) and other professionals as may be provided for in the contract or required by Buyer's lender or insurer. Buyer and selling broker may be present. Seller grants Buyer and selling broker the right to enter and walk-through the property and the right to have utilities turned on or transferred, at Buyer's expense, within four (4) days prior to closing. This right is for the Buyer to see that the property is in the same general condition as it was on the date of this contract. The closing does not relieve Seller of his obligation to complete improvements and repairs required by this contract. SPECIAL AGREEMENTS. Special agreements between Buyer and Seller forming a part of this contract a}. Buyer to provide a written commitment for financing the proposed development within 5 days of acceptance. b}. Buyer to provide a written projection of the timeline for the proposed design and construction within 5 days of acceptance. c}. Buyer warrants that the proposed development is to be owner-occupied. 261 20. 2620 263 264 265 266 2670 268 269 270 271 272 ~ 273 274 275 SELLER'S DISCLOSURE STATEMENT. (Check one) Buyer confirms that before signing this offer to purchase, Buyer has read a copy of the Seller's Disclosure Statement for this property. The Seller's Disclosure Statement is not a substitute for any inspection that Buyer may wish to obtain. Buyer is advised to address any concerns Buyer may have about information in the statement by use of contingencies in the contract. Seller agrees to provide Buyer with a Seller's Disclosure Statement within (one) 1 day after the . Acceptance Deadline" date. Buyer shall have (three) 3 days after the . Acceptance Deadline" date to review said statements and to declare in writing that the contract is terminated with earnest money to be returned to Buyer, subject to paragraph 12, otherwise, this contingency shall be deemed aswaived by Buyer. No Seller's Disclosure Statement will be provided by Seller. By his signature, Seller confirms that the information in the Seller's Disclosure Statement is accurate as of the date of this contract. Seller will fully and promptly disclose in writing any new material information pertaining to the property that is discovered at any time prior to closing. 276 Note: The Seller's Disclosure Statement is not in any way incorporated into the terms of this contract. Saf6