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                                                 OCCUPANCY AGREEMENT

 

 

              Date:

 

 

                Supplement to Purchase and Sale Agreement dated:

        _____________,19__

 

                I/We, __________________, being the Buyer(s) of the

        property located at ________________________ do hereby allow the

        Seller(s),__________________________ to occupy the premises from

        the day of passing through __________,19__.

 

                In return for said occupancy the Seller(s) agree to the

        following considerations:

 

                1.  For the period of time I/we occupy the premises, I/we

        will pay the above named Buyer(s) an occupancy charge of

        $________ per day beginning the day after the passing and ending

        ___________,19__.  (This charge based on Buyer's PIT payment on a

        per diem basis.)

 

                2.  Such occupancy charge will be adjusted and paid on

        the day of passing.

 

                3.  Electric and fuel will be the responsibility of the

        Seller(s) through ___________,19__.

 

                4.  If Seller(s) occupy after_________,19__ they will

        pay a charge of $________ per day as liquidated damages in

        addition to the occupancy charge, unless given permission by the

        Buyer(s), in writing, to continue to occupy.

 

                5.  Seller(s) agree to leave the premises in the same

        condition as when papers were passed, reasonable wear and tear

        thereof expected.

 

                6.  I/we, the Seller(s), hold the Buyers harmless and

        blameless for any loss to our personal belongings regardless of

        cause.

 

                7.  Passing of papers does not constitute fulfillment of

        this Agreement, and this agreement shall survive the passing of

        papers.

 

                8.  It is understood that there is no tenancy created

        between the Buyers and Sellers, but we, the Sellers, are

        occupying the said premises on the sufferance of the Buyers.

 

                9.  $__________ Dollar deposit will be held by the

        Buyer's attorney to insure the Sellers conformance with this

        Agreement.  Deposit to be paid at the closing and returned when

        Seller vacates in accordance with the terms herein.

 

 

        _____________________________     _____________________________