Residential Purchase and Sale Agreement 1418 Larkspur Lane, Ashby
1. Parties. This Agreement is made between Daniel Mercer and Claire Mercer (“Buyer”) and Thomas Hale (“Seller”).
2. Property. Seller agrees to sell and Buyer agrees to buy the real property described in Exhibit A, with all improvements.
3. Purchase Price. The purchase price is Six Hundred Twelve Thousand and 00/100 Dollars ($612,000.00) , payable as follows:
(a) Earnest money of $18,000.00, deposited with the escrow agent.
(b) Balance at closing, by wire transfer.
4. Closing. Closing shall occur on or before October 16, 2026, at the offices of the escrow agent.
5. Title. Seller shall convey marketable title by warranty deed, free of liens except as accepted by Buyer.
6. Contingencies. This Agreement is contingent upon Buyer’s inspection and financing as provided in Addendum B.
Issued by Ardenvale Title Company
Commitment for Title Insurance No. AT-26-10418 · Effective September 28, 2026
Schedule B, Part I — Requirements
1. Pay the agreed amount for the estate or interest to be insured.2. Pay the premiums, fees and charges for the Policy.3. Warranty deed from Thomas Hale to Daniel Mercer and Claire Mercer.4. Payoff and release of the Deed of Trust recorded as Instrument No. 2019-0048213, in favor of Keystone Federal Savings.Satisfied 5. Estoppel certificate from the Ashby Commons Homeowners Association.Schedule B, Part II — Exceptions
Keystone Federal Savings
Payoff Statement
Loan 0071-4821
Deed of Trust Inst. 2019-0048213
Good through October 18, 2026
Principal 205,912.44
Interest 1,462.74
Fees 75.00
Total payoff $207,450.18 Funds must be received by wire. Figures are subject to final verification by the lender.
Disbursement Authorization
Payee Keystone Federal Savings
Purpose Payoff, Inst. 2019-0048213
Amount $207,450.18
Prepared by Envoy Maya Okafor · 2:14 PM Authorized by escrow officer
