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2 <br />Buyer Address Real Property Manager City of Everett 802 E. Mukilteo Blvd., Everett, WA 98203 <br />Buyer Email Address realproperty@everettwa.gov <br />City Council Approval (must select one) <br />☐ The Everett City Council has already approved this Agreement and authorized the purchase of the Property. <br />☒ Everett City Council action has not yet occurred. This Agreement terminates if the Everett City Council has not by the expiration of the Feasibility Study Period approved this Agreement and authorized the purchase of the Property. If such approval and authorization for any reason does not occur by the expiration of the Feasibility Study Period, then this Agreement shall terminate, the Deposit shall be returned to Buyer upon demand, and Seller and Buyer shall have no further rights or obligations hereunder except for those rights or obligations that expressly survive termination. <br />Seller’s Broker Seller’s Broker is David Speers, Kidder Matthews Seller is solely responsible for payment of Seller’s Broker’s fees and commissions, which will be in accordance with separate agreement between Seller and Seller’s Broker. <br />Buyer’s Broker Buyer’s Broker is None. If there is a Buyer’s Broker, select and fill-in one option below: <br />☐ Buyer is solely responsible for payment of Buyer’s Broker’s fees and commissions, which will be in accordance with separate agreement between Buyer and Buyer’s Broker. <br />☐ If the transaction hereunder closes, Seller at Closing will pay Buyer’s Broker a commission equal to Enter number% of the Purchase Price. <br />Additional Provisions Preliminary title commitment shows that title is vested in Thomas D. Walker and Charlotte E. Walker, husband and wife. Seller will provide to Title Company all necessary documentation of Seller’s authority to convey the Property so that Title Company will issue the Title Policy. The Parties agree to make revisions to the form of Deed attached hereto as reasonably requested by the Title Company. <br />2. PROPERTY. Seller agrees to sell and convey to Buyer and Buyer agrees to purchase <br />from Seller, subject to the terms and conditions set forth in this Agreement, the following: <br />(a) Real Property. The real property located in Snohomish County, <br />Washington, legally described as set forth on Exhibit A attached hereto, together with all Seller’s