LEASE PURCHASE AGREEMENT

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LEASE PURDCHASE AGREEMENT

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Shared by: Lorene Anderson
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Lorene C. Anderson P.O. Box 205 Scottsdale, AZ August 1, 2007 This is an agreement between Marion Chaney-Frausto and Lorene C. Anderson regarding the rental of Lorene's home at: 1806 Wildwood Pass Drive, Colorado Springs, Colorado 80921. Monthly Rental Payment $750.00 Due and Payable on the first (1st) of each month. This is a seven (7) month contract beginning August 1, 2007, ending February 29, 2008, between Marion Chaney-Frausto and Lorene C. Anderson. If any accidental personal damage occurs (beyond normal ware) while Marion resides at above address, cost of repair will be Marion's responsibility. (Lorene will have already verifed any previous damage prior to Marion's occupancy). Initaled: Lorene:_____ (The above was already verified before Lorene left for Arizona on: March 4th, 2007 (copy attached). Re-verifying: Dated: ______ Marion:_______ Dated: ______ All Colorado Springs Utilities paid after April 2007's billing, reflecting Lorene's March usage, will be the sole responsibility of Marion Chaney-Frausto and will be paid on time to COS by the 13th of each month by Marion Chaney-Frausto. Initialed: Lorene: _______ Dated: _______ Marion _______ Dated:________ Colorado Springs Utilities: Payment due the 13th of the month. Account # 0897480653. Local Customer Service number: 719 448-4800. For 24 hour automated assistance (making payments) 719-448-4848. Initialed: Marion: _____ Dated: ______ Mailing Address: Colorado Springs Utilites: P.O. Box 1103, COS, CO 80947-0010 A 30-day notice will be required of Marion Chaney-Frausto in the event she cancels this contract. However, the monthly rent and utilities pertaining to the last month of occupancy will be Marion Chaney-Frausto's sole responsibility. Lorene Anderson, owner of residence, reserves the right to cancel this contract with Marion Chaney-Frausto should rental or utility payments not be paid, or paid in a timely manor with a 30- day advance notice. However, back rent and utility payments will still be the sole responsibility of Marion Chaney-Frausto. Note: This is an addendum to the agreement of March 4 2007, between Marion Chaney-Frausto and Lorene C. Wagner (before Lorene's name change to Anderson on May 19, 2007). ___________________ _____ Marion Chaney-Frausto Dated ________________ _____ Lorene C. Anderson Dated

Shared by: Lorene Anderson
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