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I L <br />t <br />REAL ESTATE CORMISSION AGREEMENT <br />This Agreement, .3,10 this stay If April 1979, by and between <br />A.L.S., A Joint Venture. as 1(x+ner,' and D. A. DupYCE I CO. REAL ESTATE, <br />as 'Broker. <br />covering thel following described projls,rLYZ <br />:Ott Is. 19, A and 21, Block 1, Beverly Hills Division <br />4, City of I'Volot.t. <br />-of, as Seller <br />—K!*REAS, simultaneously with execution here owner <br />and Paul rhallancio, and wife, Paul Weeks and wiles and It. Raymond <br />i <br />Cairncro3s and wife; on behalf of a Joint Venture to be formed as <br />Purc1-,15vr, lave executed an Option to Purchase Agreement, the owner's <br />praj+•rty for THREE HUNDrm NI -:ETV FIVE TIIOUS;:;D and rJO/100th DOLLARS <br />all It final 1-J-in0- <br />IT IS AGREED' <br />1. in the event of final Closing Of the sale between Owner <br />ahj Purchaser. caner will Pay Uiuker a real estate commission J.n <br />avcordatco with the terms of this agreement. <br />1. The eprvissian payable will be ten percent (lot) of the <br />first O:U DOLIAPS ($lRov000.oa) of purchase price <br />and -five pl-ic ent 151) of the purchase price iu Oxmss Of O!;r HUNDRED <br />M I IDESAND DO . LLNRS ($100,000-00)- If the purchase price at closing in <br />$jjd., 000.00, an stated in the Option to Purchase Agreement, the <br />• com I 'ission will be TWENTY rot:R THOUNA1111 SEVFN I!1n4URCD FIFTY and NO/100th <br />DOLLARS ($24,750.00). Any reductions or increases in the purchase Price <br />nu,otiat,d between Seller and Purchaser for any reason will automatically <br />4djuit the amount of com..ission proportionately. <br />V0A503 nA31 <br />.7q042002�5 <br />