DigiSign Verified: 75047BDD-C0BA-46A7-84E8-F60AA103ED0D Page 1 of 5

PURCHASE AGREEMENT Agreement Initiated. Date/Time: __________________________

1 DISCLOSURE CONFIRMATIONS
____________________________
2 A. AGENCY: By signing below, BUYER and SELLER confirm that written disclosures of agency representation were provided to
3 them, they understood said representation, and the disclosures were provided prior to signing this Purchase Agreement.
4 B. SELLER PROPERTY DISCLOSURE: If this offer is for a 1 to 4 unit residential property, SELLER or SELLER's Agent must deliver
5 a written disclosure statement to BUYER prior to BUYER making a written offer. The Iowa Radon Fact Sheet shall accompany this
6 disclosure. By signing below, the BUYER confirms that BUYER ✖ has has not received and read the Seller Property Disclosure
7 and Iowa Radon Home-Buyers and Sellers Fact Sheet. In the event the SELLER is exempt from providing the Seller Property
8 Disclosure and Iowa Radon Home-Buyers and Sellers Fact Sheet under the Code of Iowa, check here .
9 C. LEAD-BASED PAINT: If this offer is for a residential property built prior to 1978, SELLER or SELLER's Agent must provide BUYER
10 with: (1) an EPA-approved lead hazard information pamphlet and (2) Seller's Lead-Based Paint Disclosure Information Statement.
11 By signing below, BUYER confirms that BUYER ✖ has has not received and read the above described documents. The
12 Disclosure Statement signed by all parties is to be attached hereto. In the event that SELLER is exempt from providing said
13 documents under EPA regulations, check here .
14 D. REQUEST TO COMPLETE FORM DOCUMENTS AND REALTOR PERMISSION TO CALL: BUYER and SELLER request that
15 Broker select and complete documents allowed by law, and authorize REALTOR/Broker to contact client.

16 BUYER / Date _______________________________ _____________ SELLER / Date _______________________________ _____________

17 BUYER / Date _______________________________ _____________ SELLER / Date _______________________________ _____________

18 HOLLACE J. DRAKE ESTATE

OFFER TO: ______________________________________________________________________________________ ("SELLER")
19 Elizabeth Salazar Campos
OFFER FROM: ___________________________________________________________________________________ ("BUYER")
20 516 Swallum Dr
offer to buy the real property at ___________________________________________________ Storm Lake IA 50588
, ______________________ IA
, ____
21 Legally Described as
22 01-02 STORM LAKE CORP HAYES GRAN VIEW ADD.
_________________________________________________________________________________________________________
23 _________________________________________________________________________________________________________
24 hereinafter designated as "Property," together with any easements of record and servient estates appurtenant thereto and subject
25 to zoning restrictions, restrictive covenants and mineral reservation, if any, and agrees to pay for such property the sum of

26 158,000.00
$________________________________ 500.00
AS FOLLOWS $____________________________ Earnest money to be held in trust by
27 Century 21
______________________________________________________ TRUST account, within 5 banking days of the Accepted Offer
28 Date, pending delivery of signed purchase agreement, and the balance of the purchase price to be paid upon delivery of warranty
29 deed or upon execution of a real estate contract as hereinafter provided. The term "Broker" shall also include Broker's affiliated
30 licensees (Brokers and salespersons). The terms "Owner" and/or "SELLER" shall include SELLER or vendor. The term "BUYER" shall
31 include BUYER or vendee. The terms "sell" and "sale" shall include sale, lease, rent, exchange or option.
32 INCLUDED PROPERTY (if any). All property that integrally belongs to, are specifically adapted to, or is part of the real estate
33 (except rental items), whether attached or detached, such as wall to wall carpeting and vinyl, light fixtures and bulbs, ceiling fan(s),
34 mirrors (including bathroom), shelving, shades, rods, blinds, awnings, storm windows, storm doors, screens, plumbing fixtures,
35 sump pump, water heater, water softener, automatic heating equipment, fireplace equipment including screens and grates,
36 fuel/propane tank, air conditioning equipment (including window), door chimes, alarm devices, built-in items and electrical service,
37 cable/fencing, (including underground), garage door opener and control(s), other attached fixtures, radio and/or attached TV
38 receiving equipment (including tv mounts), trees, bushes, shrubs, plants, appurtenant structures or equipment and storage buildings
39 are included in this sale. (PERSONAL PROPERTY & APPLIANCES ONLY STAY IF WRITTEN IN & ACCEPTED IN THE OFFER)

40 All fixtures and fittings, appliances as noted in MLS 811510

OTHER INCLUDED ITEMS: __________________________________________________________________________________
41 _________________________________________________________________________________________________________
42 None
EXCLUDED ITEMS: ________________________________________________________________________________________
43 PERSONAL PROPERTY AND DEBRIS. SELLER agrees to remove all personal property and debris that is not included herein from
44 the property by possession date unless there is a prior written agreement by the parties.

45 April 7, 2021
CLOSING AND POSSESSION. Closing shall be on or before ___________________________________ and be made upon
46 delivery of an instrument of title, but not later than date of possession, unless an interim occupancy agreement is entered into

BUYERS _________ , _________ SELLERS _________ , _________ have read this page.
Serial#: 094870-700161-2374461
Prepared by: Angela Crewther | EXP Realty | Angela.crewther@exprealty.com |
DigiSign Verified:
Property Address 75047BDD-C0BA-46A7-84E8-F60AA103ED0D
516 Swallum Dr Storm Lake IA 50588
_________________________________________________________________________ Page 2 of 5
47 between the parties. Closing shall be under the supervision of the SELLER's Broker unless otherwise agreed upon. Possession to
48 be given upon date of closing or by separate agreement, and adjustment of interest, taxes, insurance, homeowners' association
49 dues and assessments, unused fuels (calculated at current market value), land leases, rents, etc. shall be prorated to the date of
50 possession. All property, including keys, alarms and garage door openers shall be delivered to BUYER at possession.
51 PAYMENT. (Certified funds required at closing)
52 • NEW MORTGAGE--This contract is contingent upon BUYER obtaining a bona fide/firm commitment for a
53 CONVENTIONAL ARM ✖ FHA RD VA OTHER mortgage for not more than _____% 98 of purchase
54 price not to exceed _____%5 interest rate. All usual costs incurred in securing such mortgage shall be paid by the BUYER.
55 SELLER agrees to pay BUYER at closing an amount up to $_______________
5,300.00 to help pay for closing costs. Closing costs
56 may include: loan origination fee, discount points, pre-paids, attorney fees, recording fees, escrows, etc. The balance of
57 the purchase price less the proceeds of such mortgage shall be paid by BUYER in cash. BUYER agrees to make loan
58 14 calendar days and shall make a good faith effort to obtain a financing commitment. A preapproval is
application within ___
59 not a firm loan commitment. This offer is also subject to an acceptable appraisal. If the property does not appraise at or
60 above purchase price, the BUYER shall have the right to declare this contract null and void with return of earnest money to
61 the BUYER. Lender shall provide a firm loan commitment within ___ 45 calendar days of accepted offer date. If a firm loan
62 commitment has not been provided in that time, then SELLER may rescind this agreement by giving written notice to the
63 BUYER and BUYER's Broker stating that if a mortgage commitment has not been obtained within ___ 5 calendar days of
64 delivery of such notice, then this Agreement shall be null and void and earnest money returned to BUYER. If SELLER does
65 not choose to give such written notice, then this Agreement shall remain valid until the BUYER has obtained a mortgage
66 commitment or a denial.

67 • INSTALLMENT CONTRACT (See Lines 221-228 or contract Addendum)

68 • ASSUMPTION of MORTGAGE OR CONTRACT (See Lines 221-228 or contract Addendum)
69 • CASH--This is a CASH offer. This offer is not contingent upon BUYER obtaining financing. BUYER shall provide proof of funds
70 within 3 calendar days of final acceptance or this offer shall be voidable by the SELLER.
71 • OTHER
72 ________________________________________________________________________________________________________

73 ________________________________________________________________________________________________________

74 ________________________________________________________________________________________________________
75 SUBJECT TO SALE. This offer is subject to the sale of the BUYER's Property (See Lines 221-228 or contract Addendum)
76 ESCROW. Earnest money is deposited with Escrow Agent with the understanding that Escrow Agent (I) does not assume or have
77 any liability for performance or nonperformance of any party (II) has the right to require the receipt, release and authorization in
78 writing of all parties before paying the deposit to any party (III) is not liable for interest or other charges on the funds held. If any
79 party unreasonably fails to agree in writing to an appropriate release of Earnest Money, then such party shall be liable to the other
80 parties. At closing, Earnest Money shall be applied to any cash down payment required, next to BUYER's closing costs and then any
81 excess shall be refunded to BUYER. Before BUYER shall be entitled to refund of Earnest Money, any actual and FHA allowable
82 expenses incurred on BUYER's behalf shall be deducted therefrom and paid to the creditors entitled thereto. The parties hereto
83 authorize any mortgagee herein to pay loan proceeds to Escrow Agent and Escrow Agent is authorized to use any trust funds
84 herein to pay all items called for in this contract including liens and Broker's commission.
85 CLOSING AGENT. A closing agent may be appointed to provide settlement services. SELLER and BUYER are not required to
86 appoint the same Closing Agent and BUYER and SELLER shall be charged accordingly for this service.
87 REAL ESTATE TAXES, SPECIAL ASSESSMENTS, AND CHARGES.
88 a. All regular taxes due and payable in the fiscal year in which possession is given are to be paid by SELLER as well as all unpaid
89 taxes that are liens for prior years.
90 b. All regular taxes for the fiscal year in which possession is given (due and payable in the following fiscal year) are to be pro-
91 rated between BUYER and SELLER as of the date of possession. The basis of such proration shall be the last known actual taxes
92 payable certified on the treasurer's books. If such taxes are not based upon a full assessment of the present property
93 improvements, the proration shall be based on the current millage rate and the assessed value for the tax period to date of
94 possession shown on the assessor's records, less tax abatement, if any. BUYER shall verify any potential future tax liabilities.
95 c. All special assessments spread on the Treasurer's Books at the time of the acceptance of this offer are to be paid by SELLER.
96 All charges for solid waste removal, utilities, and assessments for maintenance, attributable to SELLER's possession are to be paid
97 by SELLER. All liens caused by resolution of necessity are to be paid by SELLER.
98 d. All subsequent taxes and special assessments are to be paid by BUYER.
99 INSURANCE. SELLER shall bear the risk of loss or damage to property prior to settlement or possession, whichever first occurs.
100 SELLER agrees to maintain existing insurance, and the BUYER shall immediately confirm insurability of Property and may also
101 purchase insurance. In the event of substantial damage or destruction prior to closing, this Agreement may be null and void if BUYER

BUYERS _________ , _________ SELLERS _________ , _________ have read this page.
Serial#: 094870-700161-2374461
Prepared by: Angela Crewther | EXP Realty | Angela.crewther@exprealty.com |
DigiSign Verified:
Property Address 75047BDD-C0BA-46A7-84E8-F60AA103ED0D
516 Swallum Dr Storm Lake IA 50588
_________________________________________________________________________ Page 3 of 5
102 desires. BUYER, however, shall have the right to complete the closing and receive insurance proceeds regardless of the extent of the
103 damage plus a credit towards the purchase price equal to the amount of the SELLER's deductible on such policy. The property shall
104 be deemed substantially damaged or destroyed if it cannot be restored to its present condition on or before the closing date
105 DUTIES OF PARTIES.
106 a. SELLER and BUYER acknowledge, and agree that REALTOR/Broker(s), their affiliated licensees and employees: (1) must
107 respond to all questions of the parties, however they are not required to discover hidden defects or give advice on matters outside
108 the scope of their real estate license; (2) make no representations or warranties as to the physical or mechanical condition of the
109 property, its size, value, future value, income potential, whether the basement is waterproof, etc.; (3) are not qualified to advise on
110 questions concerning the condition of the property, the legal sufficiency, legal effect or tax consequences of this document or
111 transaction. For such matters, SELLER and BUYER are advised to consult the appropriate professional(s).
112 b. SELLER and BUYER acknowledge that the SELLER of real property has a legal duty to disclose MATERIAL ADVERSE FACTS
113 and MATERIAL DEFECTS of which SELLER has actual knowledge and which a reasonable inspection by BUYER would not reveal.
114 BUYER has the right to obtain inspections, survey and measurements at BUYER's expense.
115 JOINT TENANCY IN PROCEEDS AND IN SECURITY RIGHTS IN REAL ESTATE. If SELLERS' title is held in joint tenancy this
116 Agreement shall not sever such joint tenancy. If SELLER, immediately preceding this offer, holds title to the property in joint
117 tenancy, and such joint tenancy, is not later destroyed by operation of law or by acts of SELLER, then (1) the proceeds of this
118 sale, and any continuing and/or recaptured rights of SELLER in real estate shall be and continue in SELLER as joint tenants with
119 rights of survivorship and not as tenants in common; and (2) BUYER in the event of the death of either SELLER agree to pay any
120 balance of the proceeds of this sale to the surviving SELLER and to accept deed from such surviving SELLER.
121 CONDITION OF PROPERTY.
122 a. The property as of the date of this agreement including buildings, grounds, and all improvements will be preserved by SELLER
123 in its present condition until possession or closing, whichever takes place first, ordinary wear and tear excepted. BUYER shall be
124 permitted to make a walk through inspection of the property prior to possession or closing, whichever is sooner, in order to
125 determine that there has been no material change in the condition of the property.
126 b. BUYER is advised to have property inspected by professional inspector(s). BUYER may choose from the following
127 alternatives relative to the condition and quality of the property:
128 ✖ 14 calendar days after the final acceptance date, BUYER may, at BUYER's sole expense, have the property inspected
i. Within ___
129 by a qualified person or persons of BUYER's choice to determine if there are any structural, mechanical, plumbing, electrical,
130 or environmental deficiencies, including testing for RADON and SEWER at the discretion of the BUYER. SELLER is
131 responsible for connection fees. Within this same period, BUYER shall notify SELLER in writing of any such deficiency. BUYER
132 agrees minor repairs and routine maintenance items are not a part of this contingency. Failure to do so shall be deemed a
133 waiver of BUYER's inspection and repair rights and BUYER agrees to accept the property in its present condition
134 subject to the Seller Property Disclosure and lines 122-125. In the event of any claim or demand by BUYER as a result of
135 inspections, SELLER may not automatically void this contract, SELLER shall have the right to view parts of the inspection
136 report that pertains to BUYER's claims/demands, and SELLER shall within 72 Hours of notification declare and commence one
137 of the following options: (1) making said items operational or functional or otherwise curing the deficiency prior to closing or
138 (2) amending this agreement by giving BUYER a credit (amount agreeable by the BUYER) for the cost of curing the deficiency,
139 or (3) declining to make any or all repairs in which case BUYER has the option to continue with purchase. If SELLER chooses
140 option (3), or if SELLER does not cure all such deficiencies in a manner and timeframe mutually agreeable and confirmed by
141 written addendum, then BUYER may declare this offer null and void and all payments returned.
142 ii. BUYER accepts the property in its present condition subject to: __________________________________________________.
143 iii. Owner agrees that all equipment and fixtures, as part of this sale, will be in operating condition and performing the function
144 for which they were intended, on the date of closing of this sale, except for equipment marked as not working on the Seller
145 Property Disclosure.
146 iv. SELLER has offered Property in its "As-is" condition and BUYER accepts Property in its "As-is" condition. Even if an inspection
147 is conducted, SELLER shall not be obligated to replace/repair any item(s).
148 v. BUYER has been advised to have an inspection done but has waived that option.
149 SEPTIC INSPECTION. Conveyance may require a septic inspection. (See Lines 221-228 or contract Addendum)
150 ✖ WOOD PEST INSPECTION. BUYER may request a pest control inspection by a licensed inspector within ___ 10 calendar days after
151 acceptance of this Offer, which shall be done at BUYER's expense except as otherwise agreed in writing. Also, should BUYER
152 obtain a VA loan, the expense shall be paid by the SELLER. Should evidence of termites or wood destroying insects be found,
153 the property and structure(s) may be treated by a licensed pest exterminator in an appropriate manner at SELLER's option, and
154 shall include all treatment and repair reasonably required by BUYER. BUYER agrees to accept treated and repaired property; or
155 prior to the commencement of treatment and repairs, shall have the option of declaring this agreement null and void and be
156 entitled to full return of earnest money. If Property is sold in its "AS-IS" condition, this wood pest inspection paragraph is
157 not applicable to this Purchase Agreement. This provision does not apply to fences, trees, shrubs, or outbuildings
158 other than garages.

BUYERS _________ , _________ SELLERS _________ , _________ have read this page.
Serial#: 094870-700161-2374461
Prepared by: Angela Crewther | EXP Realty | Angela.crewther@exprealty.com |
DigiSign Verified:
Property Address 75047BDD-C0BA-46A7-84E8-F60AA103ED0D
516 Swallum Dr Storm Lake IA 50588
_________________________________________________________________________ Page 4 of 5
159 NEW CONSTRUCTION. If the improvements on the subject property are under construction or are to be constructed, this
160 Agreement shall be subject to approval of plans and specifications by the parties within ___ calendar days of final acceptance of
161 this Agreement. This offer to buy is not a construction contract. The contract for construction will be a separate agreement
162 between the Contractor and BUYER which will set forth all terms, conditions and specifications of the property to be constructed.
163 Broker(s), Agents, and employees make no warranties as to the quality of construction or material or any warranty of
164 habitability.
165 SURVEY. BUYER may, within ___ 20 calendar days of acceptance, have the property surveyed at BUYER's expense. If the survey,
166 certified by a Registered Land Surveyor, shows any encroachment on property, or if any improvements located on the subject
167 property encroach on lands of others, such encroachments shall be treated as a title defect. All lot and dwelling measurements are
168 approximate. Only a survey will determine exact dimensions. The Listing & Selling Broker & Agents do not guarantee any
169 lot lines or building measurements.
170 WATER PROBLEMS. BUYER is aware that even though there may or may not be a history of water problems on a property or in its
171 basement, there is no guarantee that water problems won't happen at some future time. Iowa is known for high ground water levels
172 and heavy rainstorms. Given the right circumstances, no property is immune from such problems, especially in basements.
173 FLOOD HAZARD ZONE. BUYER has been advised that the property may be in an area found to have special flood hazards. If the
174 property is in a flood hazard area it may be necessary to purchase Flood Insurance in order to obtain financing. For further
175 information, BUYER should consult a lender and insurance carrier.
176 REMEDIES OF THE PARTIES. If the SELLERS fail to fulfill this Agreement, they will pay Broker the commission in full. The BUYERS
177 shall have the right to have all payments returned, or to proceed by any action at law or in equity, and the SELLERS agree to pay
178 costs and reasonable attorney fees, and a receiver may be appointed. Broker may maintain an action at law against SELLERS for the
179 collection of Brokers commission. If the BUYERS fail to fulfill this Agreement, SELLERS may forfeit the same as provided in Chapter
180 656 of the Code of Iowa, and all payments made herein shall be forfeited, or the SELLERS may proceed by an action at law or in
181 equity. The BUYERS agree to pay costs and reasonable attorney fees and any other expenses incurred by the SELLERS, and a
182 receiver may be appointed. The failure of BUYERS to perform under this Agreement shall not relieve SELLERS of the obligation to pay
183 the Broker's commission. For purposes of collecting the Broker's commission, Broker shall be deemed a third party beneficiary to
184 this agreement and may maintain an action at law against the BUYER for the collection thereof.
185 APPROVAL OF COURT. If the property is an asset of any estate, trust, conservatorship, or receivership, this contract shall be
186 subject to Court approval, unless declared unnecessary by BUYER's attorney. If necessary, the appropriate fiduciary shall promptly
187 obtain court approval and conveyance shall be made by Court Officer's Deed. If this contract is not so approved, this contract shall
188 then be null and void with return of earnest money to the BUYER(s).
189 ABSTRACT AND TITLE. SELLER shall promptly provide an abstract of title continued to and including the date of acceptance of this
190 agreement. Such abstract shall be delivered to an attorney for a title opinion for the BUYER, such attorney to be selected by the
191 BUYER or their mortgagee. SELLER agrees to make every reasonable effort to promptly perfect the title in accordance with such
192 opinion so that upon conveyance, title shall be deemed marketable in compliance with this agreement, the land title laws of the
193 State of Iowa, and the Iowa Title Standards of the Iowa Bar Association. If closing is delayed due to SELLER's inability to provide
194 7 calendar
marketable title, this agreement continues in force and effect until either party rescinds the agreement after giving ___
195 days written notice to the other party and the Broker. The SELLER shall not be entitled to rescind unless they have made a
196 reasonable effort to produce marketable title. Municipal building codes and zoning ordinance shall not be construed as title
197 encumbrances. SELLER agrees to convey Title by Warranty Deed. Usual restrictive Covenants and utility easements common to
198 platted subdivisions of which the property is a part or any other reservations or exceptions acceptable to BUYER shall not be
199 considered valid Title objection.
200 GENERAL PROVISIONS. In the performance of each part of this agreement, time shall be of the essence. This agreement shall be
201 binding on and inure to the benefit of the heirs, executors, administrators, assigns and successors in interest of the respective
202 parties. This agreement shall survive the closing. Paragraph headings are for the convenience of reference and shall not limit nor
203 affect the meaning of this agreement. Words and phrases herein, including any acknowledgement hereof, shall be construed as in
204 the singular or plural number, and as masculine, feminine or neuter gender, according to the context.
205 INDEMNITY. If a mutual mistake regarding the rights and obligations of the parties is discovered after closing, that mistake shall be
206 corrected by a mutual agreement. If the error is a monetary mistake, it is to be assessed and immediately collected from the party
207 originally legally liable.
208 TYPEWRITTEN OR HANDWRITTEN PROVISIONS. Typewritten or hand written provisions, riders and addenda shall supersede
209 printed provisions of this Contract that may be in conflict.
210 SIGNATURE CLAUSE. All parties agree to be bound to this contract even if every party does not sign on 1 original, as long as each
211 copy that is signed is identical to every other signed copy. Electronic signature, fax copy with fax signature, email copy with email
212 signature, shall all be deemed binding on the parties.
213 NOTICE. Any notice required under this Agreement shall be deemed delivered only if it is in written form and written
214 acknowledgement is provided. Examples of written acknowledgement include: text message, email, fascimile, hand delivery, and
215 certified mail. Persons designated for receipt of any notice shall be SELLER and BUYER or their respective BROKER or AGENT.
BUYERS _________ , _________ SELLERS _________ , _________ have read this page.
Serial#: 094870-700161-2374461
Prepared by: Angela Crewther | EXP Realty | Angela.crewther@exprealty.com |
DigiSign Verified:
Property Address 75047BDD-C0BA-46A7-84E8-F60AA103ED0D
516 Swallum Dr Storm Lake IA 50588
_________________________________________________________________________ Page 5 of 5
216 DISPUTE RESOLUTION. In the event of a dispute, BUYER and SELLER agree to consider mediation as an alternative to initiating
217 legal action. The mediation will be conducted in accordance with the rules and procedures of a mutually agreed mediation service.
218 Even when utilizing mediation, parties may still seek legal remedies.
219 ENTIRE AGREEMENT. This document contains the entire agreement of the parties and supersedes all prior Offers with respect to
220 the property. This Offer may be modified only by a written agreement signed and dated by both parties.

221 OTHER PROVISIONS. All other provisions, if any, shall be by addendum, future amendment, or as provided below.

222 Sellers concession towards closing costs of $5300 net to seller $152,700
_________________________________________________________________________________________________________

223 Sellers to replace windows that were removed, fix water leak by water main line
_________________________________________________________________________________________________________

224 _________________________________________________________________________________________________________

225 _________________________________________________________________________________________________________

226 _________________________________________________________________________________________________________

227 _________________________________________________________________________________________________________

228 _________________________________________________________________________________________________________
229 ACCEPTANCE. When accepted, this offer shall become a binding contract for the sale and purchase of the above described
230 property and the professional service fee(s) shall be due to the Agent(s) in accordance with the Exclusive Listing Agreement, BUYER
231 Agency Agreement or other written commission agreement, between either party and their Agent(s). This Offer shall not negate or
232 change any of the conditions or terms of said Agreement(s), which, shall remain in full force and effect through the closing.
233 Acceptance of this contract is defined as when the offeree has agreed to all terms unequivocally and without change, all signatures
234 have been procured, and Notice has been provided.

235 Angela Crewther eXp Realty LLC

BUYER'S AGENT/OFFICE: __________________________________________________________________________________

236 Clark Fort Century 21

SELLER'S AGENT/OFFICE: _________________________________________________________________________________

237 THIS IS A LEGALLY BINDING CONTRACT (If not understood, consult your attorney)
________________________________________________________________________

238 _______________________________________________ _________________________________________________

BUYER DATE SELLER DATE

239 _______________________________________________ _________________________________________________

BUYER DATE SELLER DATE

240 OFFER EXPIRATION. This offer shall expire (become null and void with the return of earnest money payment to the BUYER without
241 liability of agents to either party) unless acceptance is delivered on or before: (initial subsequent offers)

242 Feb 3, 2021

Date/Time: _____________________ ________________________ _______________________ _______________________
243 Offer1 Counteroffer1 Counteroffer 2 Counteroffer3

244 COUNTEROFFER BY ADDENDUM. If this box is checked, the agent shall provide an addendum addressing amended terms.

245 OFFER ACCEPTANCE & NOTIFICATION. Offer is accepted and notice has been provided.

246 Date/Time: _____________________________________ Signature: _______________________________________________

SELLER, LISTING BROKER, OR AGENT

247 Date/Time: _____________________________________ Signature: _______________________________________________

BUYER, SELLING BROKER, OR AGENT

248 OFFER REJECTION. This offer is rejected.

249 Date/Time: _____________________________________ Signature: _______________________________________________

© 12/2016 Iowa Great Lakes Board of REALTORS®

Serial#: 094870-700161-2374461
Prepared by: Angela Crewther | EXP Realty | Angela.crewther@exprealty.com |
 18199896 0 19165 true 0 IA 60189042 test tbd4

DigiSign Verified: 75047BDD-C0BA-46A7-84E8-F60AA103ED0D 016749-600161-23745 Angela Crewther | EX Java/1.8.0_231

APPOINTED AGENCY AGREEMENT

(To be signed prior to Buyer Agency or Listing Agreement)

CHECK ALL BOXES THAT APPLY.

THIS AGREEMENT is an ( ✖ exclusive) ( non-exclusive) agency agreement and is entered into by and between
Elizabeth Salazar Campos
prospective ✖ BUYER or SELLER _________________________________________________________
eXp Realty LLC
hereinafter called "Client" and (Brokerage/Firm) __________________________________________________
hereinafter called "Broker." As a condition of Appointed Agency, the term "Broker" DOES NOT also
include Broker's affiliated licensees (brokers and salespersons). The terms "Owner" and/or "Seller" shall
hereinafter refer to seller, landlord or optionor. The term "Buyer" shall hereinafter refer to buyer, tenant or
optionee. The term "sell" and/or "sale" shall hereinafter refer to sale, lease, rent, exchange or option. The term
"purchase" shall hereinafter refer to purchase, lease, rent, exchange or option. An Exclusive Agreement means
that the Seller/Client contracts with Brokerage to be the sole brokerage they will contract with during the period
of the Appointed Agency. A Non-Exclusive contract basis means Seller/Client is free to independently contract
with other brokerages on a non-exclusive basis.
When attached to a Buyer Agency Agreement or an Exclusive Listing Agreement (Right to Sell, Lease, or
Rent Real Estate) (primary agency agreements), this Appointed Agency Agreement (secondary agency
agreement) shall become a part thereof. Whenever the terms and conditions of this Agreement conflict with the
primary agency agreement, the terms and conditions of this Agreement shall prevail and supersede the primary
agency agreement.
Angela Crewther
1. APPOINTED AGENT(s). With Client's approval, Broker appoints _______________________________
hereinafter called "Appointed Agent," a licensee affiliated with Broker, as Client's Appointed Agent, for the
purpose of representing Client in the purchase or sale of real property. Except for any additional Appointed
Agents, neither Broker, nor any other licensee affiliated with Broker will be acting as Agent for Client.

Broker may name additional Appointed Agents for Client from time to time if the Appointed Agent is unable to
fulfill the terms of this Agreement or by agreement between Broker and Client. An appointment of another
appointed agent or additional agent does not relieve the initial Appointed Agent of any duties owed to Client.

In the representation of Client, Broker will operate exclusively through Appointed Agent as a Single Agency
representation. No other agency relationships, except Dual Agency, as explained on the Dual Agency Potential/
Consent Agreement (if attached to the primary agency agreement) which allows Appointed Agent to represent
both buyer and seller clients in the same transaction will be used.

2. APPOINTED AGENT'S ROLE. Appointed Agent will utilize Appointed Agent's professional knowledge
to make a good faith effort to bring about a sale or purchase for Client. Appointed Agent will act at all times in
Client's best interest. Throughout the contracts between the parties, Appointed Agent shall inform all prospective
sellers or buyers and their agents that Appointed Agent is acting on behalf of Client.

3. APPOINTED AGENT'S OBLIGATIONS. Appointed Agent's duties to Client and all parties to a
transaction are outlined in the Agency/Policy Disclosure and Acknowledgement attached and made a part of
this agreement. Appointed Agent acknowledges, agrees, and accepts the responsibility for fulfilling all of the
duties and obligations of Broker to Client outlined in the primary agency agreement, as well as duties and
obligations of Appointed Agent to Client outlined in this Agreement.

4. CLIENT'S OBLIGATIONS. Client confirms that Client has previously received a copy of the Agency/
Policy Disclosure and Acknowledgement and that Client understands its contents. Client acknowledges, agrees
and accepts all of the duties and obligations of Client to Broker, which through this Agreement, are assigned to
Appointed Agent, outlined in the primary agency agreement and the Dual Agency Potential/Consent
Agreement (if attached).

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APPOINTED AGENCY AGREEMENT (continued)

5. DUAL AGENCY POTENTIAL. When a buyer client wants detailed information about, or to see, property of
a seller client of Appointed Agent, the Appointed Agent immediately becomes a dual agent. Under these
circumstances Appointed Agent and Broker confirm that their actions will be governed by the terms and conditions
of the Dual Agency Potential/Consent Agreement which will be made a part of this Agreement by this reference.
Broker will endeavor to be impartial between Owner and Buyer and will not represent the interest of either party to
the exclusion or detriment of the other. Appointed Agent will act as a dual agent only with the written consent
of ALL parties in the transaction.

6. TERM OF AGREEMENT (check either A or B):

✖ A. This Agreement begins this ____ 3 day of ____________________,
September 20 and shall continue until
20____,
closing of the transaction, or performance or completion of the terms of this agreement by which Appointed Agent
was engaged. If the transaction does not close, or the agreement for which Appointed Agent was engaged is not
performed or completed for any reason, the relationship shall end at the earlier of (1) the date of expiration of the
primary agency agreement or (2) any termination by written agreement by the parties hereto.

B. This Agreement begins this ____ day of ____________________, 20____, and ends at 11:59 p.m. the
____ day of ____________________, 20____.

7. DUTIES OF A REAL ESTATE LICENSEE TO ALL PARTIES TO THE TRANSACTION. In

providing brokerage services to all parties to a transaction, "Client" and "Customer" alike, a licensee (the Broker
and its broker associates and salespersons), regardless of the type of agency representation agreed to, shall do all
of the following:
1. Provide brokerage services to all parties to the transaction honestly and in good faith.
2. Diligently exercise reasonable skill and care in providing brokerage services to all parties.
_______________________________________
3. Disclose to each party all material adverse facts (i.e. significant defects or negative circumstances)
that the licensee knows except:
a. Material adverse facts known by the party.
b. Material adverse facts the party could discover through a reasonably diligent inspection and
which would be discovered by a reasonably prudent person under like of similar
circumstances.
c. Material adverse facts the disclosure of which is prohibited by law.
d. Material adverse facts that are known to a person who conducts an inspection on behalf of the
party.
4. Account for all property coming into the possession of a licensee that belongs to any party within a
reasonable time of receiving the property.

8. DUTIES TO THE CLIENT.

1. Disclose to the client all information known by the licensee that is material to the transaction and that
is not known by the client or could not be discovered by the client through a reasonably diligent
inspection
2. Fulfill any obligation that is within the scope of the agency agreement except those obligations that
are inconsistent with other duties that the licensee has under law.
3. Place clients' interests ahead of Brokers.
4. Disclose to client any financial interests the licensee or brokerage has in any business entity which is
referred for any service or product related to the transaction.

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APPOINTED AGENCY AGREEMENT (continued)

I (We) HAVE READ AND UNDERSTAND THIS AGREEMENT AND ACKNOWLEDGE RECEIPT OF A
COPY. THIS IS A LEGALLY BINDING CONTRACT. IF NOT UNDERSTOOD, CONSULT WITH THE
LAWYER OF YOUR CHOICE. Signed for Broker by:
eXp Realty LLC
______________________________________________ ___________________________________________
Designated Broker Client (check one) ✖ Buyer or Seller

______________________________________________ ___________________________________________
Appointed Agent (Licensee) Client (check one) Buyer or Seller

ADDITIONAL APPOINTED AGENT AGREEMENT

This section is for use only in the event that Broker finds it necessary to appoint an additional Appointed
Agent to represent Client named above.
With Client's approval, Broker, hereby appoints ________________________________________________
as an additional Appointed Agent for client. The additional Appointed Agent shall be Client's Agent beginning on
this _______ day of ____________________, 20____, and continue in accordance with the terms of the original
Appointed Agency Agreement as outlined above. Additional Appointed Agent agrees to accept this appointment
and all of the terms and conditions of the Agreement outlined above. Signed for Broker by:

______________________________________________ ___________________________________________
Designated Broker Client Date

______________________________________________ ___________________________________________
Additional Appointed Agent (Licensee) Client Date

© Copyright 05/2008 Iowa Association of REALTORS

®
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