WPC \%@<̧;z/N]rPF Dk;θQ[UTY`zIYsB$ Uqk=хd09^ǒ0cƕjφ4Gǝ,΋˜@^[OYZoozz6^$ga6V6da)`; w^JMN.v=dſjoMzhBydk]lvR{h#g:LQ |ۻ\dy Whx$Ē :YN'د.oc\OAC<C`nK{*=1xŞ%Ǿy% | mBG? zZabP?pc=E{%MͅLL"4}5DD6I]yf Qޫ'iT=A^%sJ8V:}UIU u~HM# %NU@^ w4 0( 0D8| m~ 0D"Terri Porter .Holdover Agreement j,Converted by WordPort from source file re008.doc ."0Kathy Hugheshp officejet v seriesT(,,,,T(0X(9 Z(Times New Roman Jx21 O2:i+003|x($(2#$  !  U(2#$  !   !  _  XXuXXXXXu&    HoldoverAgreement  (LongForm)  XuXd d X    AGREEMENTbyandamong_________________and___________________,beinghusband  d andwife,residingat[Address](hereinafterreferredtoas Sellers)and______________________  P and_______________________,beinghusbandandwife,residingat[Address](hereinafterreferred  < toas Purchasers)datedthe______dayof_________,____.  ( '   _WITNESSETH_:       WHEREAS,theundersignedarethepartiesreflectedinacertainwrittenContractofSaleofthe `  premisesdesignatedas__________________________________(the Premises)datedthe______ L  dayof______________,____;and 8   WHEREAS,theSellersareunabletovacatethePremisesatthetimeofclosingoftitle,said L closingoccurringsimultaneouslywiththeexecutionofthisAgreement;and 8   WHEREAS,theSellershaverequestedpermissionfromtheabovePurchaserstoremainupon  thesaidPremisesaftertheclosingoftitleandoccupysaidPremisesuntilthe_______dayof  _____________,_____;and    WHEREAS,thePurchasersarewillingtograntsuchpermissionuponcertaintermsand H conditionssetforthherein; 4   NOW,THEREFORE,inconsiderationofthegrantingoftherighttosaidSellerstoremainin !H theaforementionedPremisesaftertheclosingoftitleanduntil[date],theSellersagreetothe "4  following: # ! _  (1)TheyshallbeTenantsofthePurchasersforatermcommencingonthedateofthisAgreement &!$ andexpiringonthe______dayof_______________,_____(the Term); '"%   (2)TheyshallbesolelyresponsibleforthepaymentofallutilitiesconsumedwithinthePremises D*%( duringtheTerm; 0+&)   -X(+   (3)DuringtheTerm,theyshallbesolelyresponsibleforthepaymentofPurchaserscarrying   costs,includingprincipalandinterestpaymentsonPurchasers________mortgageloan(ofeven  dateherewithpresentlyencumberingthePremises),realpropertytaxes,homeownersassociation  (common)charges,homeownersinsurancecoverageswhichthepartiesagreewillbe$______per t day(the PerDiem)oranaggregateof$____________permonth.Sellersareherebydeliveringto ` Purchasersthesumof$_________,representingthePerDiempaymentfrom[date]through[date]. L  Sellersagreetopayadditionalpaymentsasfollows: 8  __! ` h!  0   ` (_i_) On[date]:______________________;and L    0   ` (ii) On[date]:_______________________.    __ X    IntheeventSellersshallfailtomakesuchpayment(s)withinfive(5)daysaftertherespective   duedate(s),thePerDiemrateduefromSellersshallbeincreasedto$_____________perday. p   (4)IntheeventtheSellersfailtovacatethePremisesbeforemidnighton[date],Sellersagree 4 thatinadditiontoanycostsincurredbyPurchasersincausingtheSellerstovacatethePremises,that  p SellerswillpaytothePurchasersanadditionalrentalfeeof$___________foreachdayorportion  \ ofadaythatSellersholdover. H   (5)Thepartiesherebyacknowledgeandagreethat______________________________,   AttorneysforthePurchasers,shall,atclosingoftitle,placeinescrowthesumof________________  dollars($__________)toguaranteethatSellerswilldeliverthePremisestoPurchasersonorbefore  [date].ShouldSellersfailtodeliverthePremisesasaforementioned,the_Escrowee_Ԁshall,uponfive  (5)dayswrittennotice,beauthorizedtoreleasesaidsumfromescrowanddeliverthesamedirectly l tothePurchasers.ThereleaseoftheescrowtoPurchasersshallbeseparatefromandinadditionto X  adetermination,ifany,ofacourtofcompetentjurisdictionawardingajudgmentinfavorof D! PurchasersandagainstSellers. 0"    (6)Sellerswarrantandrepresentthattheyshall,attheirsolecostandexpense,keepthe $D # appliances,theplumbing,heating,airconditioningsystemsandelectricalsystemsinthesameworking %0!$ orderasonclosinginspection,subjecttoreasonablewearandtear,andshalldeliverthePremisesto &"% thePurchasersattheendoftheTerminthesameconditionitwasinonthedateofthisAgreement, '#& normalwearandtearexcepted.SellersfurtheragreethatthePremisesshallbedeliveredto (#' PurchasersattheendoftheTerm,vacant,broom-swept/vacuumedandwithallappliancesemptied )$( andcleaned.Sellersfurtheragreenottocommitnorallowtobecommittedanywastewithrespect |*%) tothePremises. h+&*  @-(,   (7)SellersherebyholdthePurchasersharmlessandindemnifythemfromandagainstanyand  allclaims,demands,lossesordamageincurredbyanypersonwithrespecttoanyproperty,arising  fromSellersoccupancyofthePremises.ThisparagraphshallsurviveexpirationoftheTerm.    (8)ThisAgreementconstitutestheentireunderstandingofthepartiesandmaynotbechanged L  orally. 8    (9)ThisAgreementshallbebindingupontheheirs,executors,administratorsandassignsofthe  L  partiesheretoandshallbeconstruedinaccordancewiththelawsoftheStateofNewYork.  8  _  INWITNESSWHEREOF,thepartiesheretohaveexecutedthisAgreementonthe_____day   of___________,_____.    ph  __________________________ p ____________________________ \ Seller p Purchaser H __________________________ p ____________________________  \ Seller p Purchaser H