Terms of Contract Sales

First, I occasionally provide financing at 0% as a courtesy to customers. Please do not abuse it.

I am not a bank, financial institution, or credit service.

Down payment:

Down Payments are applied to the principle and are non-refundable. Down payments start at $500 depending on claim, with $200. minimum monthly payments.

The balance will be divided into 12(or an agreed length of term) equal monthly payment, payable each consecutive month on the same agreed payment date until paid in full. Any amount paid toward an account above the agreed payment due, is applied to the principle, not toward future payments unless specifically noted on the check.

Payments are due on the agreed payment date or are considered late. If it is more than 7 days late, a fee of 15% of the amount due will be added to the balance due. Additionally, a $2. per day late fee will accrue until the account is brought current. Any payment that is due, but not made within 30 days of the payment date will be considered a breech of contract and the balance will be due immediately. Failure to pay the balance will result in the loss of the claim and all amounts paid toward the principle of the claim and any improvements made on the claim. Any late fees must be paid before next payment is due.

Any payment I receive that is return as a "stop payment" immediately terminates your financing agreement with me. I may at my option foreclose on the claim and you will forfeit all payments and improvements on the claim, or seek damages in Court.

Returned check fee is $30.+ any other bank fee I incur because it bounced.

You will receive payment stubs for each month due.

You will receive a statement from me about 45 days before the BLM maintenance payment becomes due. You will forward the payment to me in the enclosed envelope. I will make the payment and provide you with proof that it was paid. Failure to pay the $125. BLM maintenance fee by September 1st of the year due will result in immediate forfeiture of the mining claim.

By executing (making) the down payment, and signing this form, you accept the terms of this agreement. Further, in accepting the terms of this agreement, correspondence via email or fax is equally acceptable as mail and/or certified mail. It is your responsibility to have a current email on file with me and your responsibility to monitor it. You can contact us 24 hours a day, 7 days a week by email if there is a problem with making a payment on time.

Mines intended for commercial operations may have a negotiable royalty and will be described in a separate purchase agreement.

Name________________________________________ Date______________

Address_________________________________________

City________________________ State __________Zip_______________

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Please print this and retain it for your records.

Call 219-PRO-GOLD

email us at amc@arizonaminingclaims.com

revised 11/28/2008