EXCLUSIVE RIGHT TO SELL

The Southern Land Brokers, LLC

Post Office Box 217

Hayneville, AL 36040

EXCLUSIVE RIGHT TO SELL

STATE OF ALABAMA*

____________________________ COUNTY*

To THE SOUTHERN LAND BROKERS LLC, Realtor__________________________

In consideration of your agreement to list my/our real property in your office in your customary manner and to use your efforts to procure a purchaser, I/we______________________________ (SELLERS),hereby grant

to you the exclusive, irrevocable right and privilege to sell my/our property known as _____________________ At a price of _________________________or any other lower price or terms acceptable to me/us.

1. I/we agree to pay you a cash commission of_______________ of the gross amount of any sale, agreement to sell, or exchange which may be negotiated during the existence of this contract. The term “sale” shall be deemed to include any exchange or trade to which I/we consent. In the event of any exchange or trade, you are permitted to represent and receive compensation from both parties.

2. If during the existence of this contract the property is sold by you, or me/us, or anyone else, or if you poduce a purchaser ready, willing and able to purchase the property; or if within 365 days after the expiration of this contract, a sale is made to any person who we shown the property, or to whom it was presented for sale, I/we agree to pay you a commission as stipulated in next above paragraph unless such sale is made through a licensed real estate broker of this State who receives a sales commission of not less than the amount provided in this contract; provided that you make known to me/us in writing, the names of anyone to whom you have shown or presented the property.

3. This contract shall begin on_____________and it shall end on _______________. We hereby authorize you to have access to said property;______to place_____not place, a FOR SALE sign thereon; to advertise as you deem best; to accept deposits to be used in negotiating a sale and to procure any instruments necessary to convey title.

4. I/we agree to convey a merchantable title by warranty deed; to prorate taxes through the date of conveyance of title; to pay off all public improvements assessed against the property or any other encumbrances against the property (unless otherwise agreed upon in writing).

5. I/we further agree that in the event of forfeiture of any earnest money deposits by prospective purchasers of said property during the existence of this agreement, or any extensions thereof, such deposit shall first be applied toward payment of expenses incurred by you in connection with the consummation of the transaction; you shall furnish me/us with an itemized statement of these expenses and there mainder of such funds, if any, shall be equally divided between you and me/us, with broker’s share not to exceed commission as stated in paragraph #1 above.

__________________________________ ____________________________________

WITNESS OWNER

__________________________________ ____________________________________

WITNESS OWNER

THE SOUTHERN LAND BROKERS

BY_______________________________

41 MILLER CIRCLE, PO BOX 217 | HAYNEVILLE, AL 36040 | (334)-224-9520 FAX (334)-548-6500