This contract for the tax sale of real estate is made this 14th day of June, 2003, by and between the City of Hartford ("SELLER"), a municipal corporation located in the County of Hartford, State of Connecticut, and

Upon the following terms and conditions:

The Total Purchase Price shall be $______________________, which includes all taxes, interest, lien fees and associated costs, including payment of the 2001 Grand List in full. A deposit of $4,000.00 is required at the time of execution of this Contract with the exception of those properties with a minimum bid of under $4,000.00 in which case a deposit of $1,000.00 is required at execution of this Contract.

The PURCHASER shall, by 4:30 p.m. on June 20, 2003, tender the full amount of the purchase price less the deposit with cash, money order or certified check. If the PURCHASER fails to tender the full amount, this contract is declared void and the deposit shall be forfeited.

The PURCHASER understands and acknowledges that they or any entity in which they hold a 1/3 rd or greater interest must be current in all tax obligations with the City of Hartford, and that their tax status will be verified by the Tax Collector prior to closing. If any delinquency exists and is not paid by 4:30 p.m. on June 20, 2003, the Collector reserves the right to declare this contract null and void and all deposits made shall be forfeited and applied to the delinquent tax accounts of the PURCHASER. Any amounts remaining shall be forfeited to SELLER.

This PROPERTY is sold subject to the Tax Sale requirements of Section 12-157 of the General Statutes of Connecticut, which include but are not limited to:

a) The Tax Collector’s Deed shall be lodged in the Town Clerk’s Office and shall remain unrecorded for six months from the date of sale for taxes. On December 16, 2003, if there has been no redemption, the deed will be recorded and have full effect.

b) A right of redemption by any party who holds a valid interest in the property within six months of the date of the Tax Sale (before December 16, 2003).

c) Terms of redemption shall include payment of all taxes, interest, lien fees, and any additional costs, all of which are subject to 18% annual interest.

Said PROPERTY is being sold "as-is" and the City of Hartford assumes no liability whatsoever in regard to the condition of the PROPERTY, including the condition of soil, easements of record and loss or damage by fire or casualty during the six month redemption period.

Said PROPERTY is subject to the rights, if applicable, held by the Federal Deposit Insurance Corporation or the Resolution Trust Corporation (whether in their corporate capacities or as receiver or conservator or otherwise), of the United States or any of its governmental instrumentalities.

This agreement and all covenants, terms and conditions hereof shall be binding upon all parties hereto and their respective successors and assigns, except as herein expressly stated to the contrary.