AGREEMENT
TO BID
I,
the undersigned, in consideration of the United States Government offering for
public sale the property described below, agree to bid at least the amount of $__137,000____________ for the property if offered for sale within
120 days from the date of this agreement.
I
authorize the enclosed deposit of $ 27,400 to be applied against the sale price
if I am the successful bidder.
I
further understand and agree that if I do not bid at least the amount specified
in this agreement and the property is not sold within the time specified above
for at least such amount, my deposit will be retained pending final
determination of the damages the Government sustained because of the
default. If damages exceed the amount of
the deposit, I will be liable for the excess damages.
PROPERTY
DESCRIPTION:2 bedroom 2 ½ bathroom townhome located at
____________________________________________ ________________
Signature
Date