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• <br /> 1 , <br /> f' <br /> purpose of wing the rater derived therefrom in its aunicipal <br /> water utility•system. <br /> 801, <br /> TWERIFORZ, in consideration of the mutual promises . <br /> hereinafter oontaiad, the parties hereto agree as follows: <br /> 1. Sellars agree to sell and Purchaser agrees to purchase, <br /> free and clear of liens, taxes, assessments and encumbrances and <br /> subject to the conditions hereinafter .et forth, 14.0 shares of <br /> stock is ties Dry Creek-Davidson Ditdb Company and 24/420 of 17..E ,., Y <br /> 4ubis fast second decreed to Priority • "f <br /> tY 1I0. 7 011 i01ilS So�Zdt•w• <br /> red to as tb., " Water key t. •t <br /> • <br /> psesM rapiaaantod by aastificata nog. 37 and 31 <br /> •r, <br /> _. The purchase price shall be Forty- tine Thousand Dollars . .4-, <br /> 044,000.00). The parties shall bold a closing as described -in . <br /> paragraph 12, below. At said closing, Purchaser shall deliver to <br /> Sellers its Check in the amount of Sixteen Thousand Five hundred <br /> Dollars 0814,000.00). wade. payable to Sellers. aiaultanaQualy. <br /> the Sellers shall deliver to Purchaser its original stock <br /> certificate(s), together with Properly executed stock transfer <br /> orders assigning said 14,0 shares to Purchases. Sellers shall <br /> also deliver an executed Special Warranty Deed, in the form of <br /> the Special Warranty Deed attached hereto as Szhibit A, and <br /> incorporated heroin by this reference. Purchaser shall <br /> simultaneously give to seller a promissory note for the remaining <br /> balance of $33,500.00 which provides for payments to Sellers of <br /> two equal annual principal payments of 414,300.00 plus interest. <br /> Interest shall be computed on the outstanding principal balance <br /> I <br />