Apache Paradise

What Apache Paradise's governing documents say

This document is a 1968 trust agreement / contract for the sale of a lot in Apache Paradise Unit Three, a subdivision in Mesa, AZ. It is NOT the community's governing documents (CC&Rs) but rather a purchase contract between the trustee/seller and the buyer, outlining payment terms, obligations, and default consequences.

• Payment terms: Total price $4,032.00, with $300 down and balance of $3,732 due in monthly installments of $35 or more starting June 5, 1968, with 6% annual interest.
• Insurance requirements: Buyer must keep buildings on the property insured against fire for reasonable insurable value, with insurer approved by seller, for mutual benefit.
• Maintenance and repair: Buyer agrees to maintain the premises and improvements in good repair, permit no waste, and care for them as a prudent owner would.
• Transfer and assignment restrictions: No assignment of rights under the agreement is allowed unless done through the escrow agent with required deeds, payment of fees, and deposit in escrow.
• Default and forfeiture: If buyer defaults on payments or obligations, seller may seek specific performance or enforce forfeiture, in which buyer loses all rights and payments made become liquidated damages.
• What this document doesn't cover: This is a sale contract, not community CC&Rs. It does not include typical HOA rules like pet restrictions, leasing limits, architectural controls, or age restrictions. Those would be in separate governing documents for Apache Paradise.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.