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Authentisign ID:16706484-ACC8-47DF-8A07-E7DEFF933E7F <br /> r Edlta' FINANCING ADDENDUM <br /> CONVENTIONAL OR PRIVATELY <br /> is <br /> INSURED CONVENTIONAL MORTGAGE <br /> 42. Page <br /> 43. Propertylocated at 4550 Wolverton Place Orono <br /> 44. If the Written Statement is not provided by the date specified on line 24,Seller may,at Seller's option,declare this <br /> 45. Purchase Agreement canceled by written notice to Buyer at any time prior to Seller receiving the Written Statement, <br /> 46. in which case this Purchase Agreement is canceled.in the event Seller declares this Purchase Agreement canceled, <br /> 47. Buyer and Seller shall immediately sign a Cancellation of Purchase Agreement confirming said cancellation and <br /> 48. directing all earnest money paid hereunder to be refunded to Buyer. <br /> 49. If the Written Statement is not provided,and Seller has not previously canceled this Purchase Agreement, this <br /> 50. Purchase Agreement Is canceled as of the closing date specified in this Purchase Agreement. Buyer and Seller <br /> 51. shall Immediately sign a Cancellation of PurchaseAgreement confirming said cancellation and directing all earnest <br /> 52. money paid hereunder to be refunded to Buyer. <br /> 53. PRIVATE MORTGAGE INSURANCE(PMI):PMI may be required by the lending Institution(s).Buyer agrees to pay <br /> 54. all subsequent years' mortgage insurance premiums as required by the lending Institution(s). The said mortgage <br /> 55. insurance premiums will increase the mortgage amount unless paid in cash at closing. <br /> 56. LOCKING OF MORTGAGE INTEREST RATE (RATE): The Rate shall be locked with the lender(s) by Buyer <br /> 57. (check one): <br /> 58. ❑WITHIN FiVE(5)BUSINESS DAYS OF FINAL ACCEPTANCE OF THIS PURCHASE AGREEMENT;OR <br /> 59. Qx AT ANY TIME PRIOR TO CLOSING OR AS REQUIRED BY LENDER(S). <br /> 60. LENDER COMMITMENT WORK ORDERS: Nothing In this Purchase Agreement shall be construed as a <br /> 61. warranty that Seller shall make repairs required by the lender commitment. However, Seller agrees to pay up to <br /> 62. 5 500.00 to make repairs as required by the lender commitment,If the lender commitment <br /> 63. is subject to any work orders for which the cost of making said repairs shall exceed this amount,Seller shall have the <br /> 64. following options: <br /> 65. (a) making the necessary repairs;or <br /> 66. (b) negotiating the cost of making said repairs with Buyer;or <br /> 67. (c) declaring this Purchase Agreement canceled,In which case this Purchase Agreement Is canceled.Buyer and Seller <br /> 66. shall Immediately sign a Cancellation of Purchase Agreement confirming said cancellation and directing all earnest <br /> 69. money paid hereunder to be refunded to Buyer,unless Buyer provides for payment of the cost of said repairs or <br /> 70. escrow amounts related thereto above the amount specified on line 62 of this Addendum. <br /> 71, OTHER: <br /> 72. <br /> 73. <br /> 74. <br /> 75. <br /> 76. BEICAABBF-0E01-47FA_81375 <br /> 02/16/2013 <br /> 77. 2/16/2013 12:19:10 PM i 1(I <br /> 3 <br /> (Senor (031x) (Buye Irian ^ileo. <br /> 78. \ (n (Date) <br /> . ` e)-jf <br /> (Sega Mate) (Buy•r) Alexa ira o'•ermott <br /> ate) <br /> 79. THIS IS A LEGALLY BINDING CONTRACT B WEEN BUYER(S)AND SELLER(S). <br /> 80. iF YOU DESIRE LEGAL OR TAX ADVICE,CONSULT AN APPROPRIATE PROFESSIONAL. <br /> MN:FACM•2(8111) <br /> ER 175.2(8/11) <br /> /USta4f <br /> TOMS <br />