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3q20 S. Florida Ave, Suite 10i, Lakeland, FL 33803 Phone: 8G3-619-?103 Fa�t: 863-619-T99� www.highlandhomes.org � �,� ��` �� • � � .-��,1, ,, t��,�y. h � � � 'C lOAt�!TYpE:�t1A»E(�tD Hlghiand Hald�ngs,Ine.,herelnafter catled "SEL�ER°hereby agrees to selt to Patty Casarnassirna-and Amado Navas-a wife and husband hereinafter called"BUYER(S)"and the"BUYER(S)" hereby agrees to purchese from°SELI_ER"the foliowing described praperry in Pasco Counry,Florida upon the foilawing ierms and conditions: 1.LEGAL DESCRIPTION: Cornmunity:Silverado Subdivision Legal Name:Silverado Lot:7 PhaselBlocklViRlage;l Street Address:363Q4 Detta Goic!Ct.C9ty:2ephyrh�lEs State:Fi.2�p:33541 Model:Witlow-Loft-SLV 2.TOTAL PURCMASE PRICE OF LAND,iMPROVEMENTS,E4UIPMENT OR EXTRAS �2s3.3oa.0o 3. (A) CP LOAN3-TI1E 70TAL.DEPOStT IS DUE PRIOR'f0 CLOSlNG. END LQANS- THE 70TAL DEPOSIT IS DUE PRIOR TO REl.EASE TO START. �OTH SNALL BE PAYABLE AS FOt�LQWS. �g) {t�Earnest maney de�osit,receipt of whle�is hereby acknowiedged at Cont�act Signing $99.00 (2)Additionat payment due on January 12,20i5 $g01.pp (3)AddiUonal payrnent due on February 26,2015 $8,216.00 ' (4)Addf�ana!paymen#due on $O.atf (5)'Ct�tal Amount o!DepasiWown Paymertt{3Af +3A2+3A3+3A4=3AS) $�� 4.APFROXiMATE PROCEEDS OF NEW N07�AND MQRTt�AAGE TO BE E3CECUTED 8Y BUYER(S)AT CLQSIlVG $258,535.00 (If applicable,nne time FHA MIP,VA Funding Fee,or US�A Guarantee Fee shait be incfuded in note and mortga�e,and shatt be paFd by Buyer{s}) 5. CONTINGENCY: The purohase of the above ret�renced property is not contingeni upon#he sale or closing af a�y }�roperties presently owned by Buyer(s}, tlpon completion of t#te above referenced propecty and na'�f'ication ta 8uysr{s}#hat Se11er is ready to ctose,Buyer(s)agrees to close promptly, 6. QEPOSt7S: Seller is required by�t+orida law to give the 0uyer(s) the fallowing notice: THE BUYER{S) OF A ONE-FAMILY OR � NUO-FAMILY RE$IDENTIAL DWELLING UNIT HAVE 7HE RIGHT TQ HAVE ALL pEPOSl7�llNQS {UP TO 1Q-PERCEM'OF THE PURCtiASE PRtGEj DEPQSITED tN AN tMCEREST BFJ�RIN� ESCF�OViI ACCOUNT. However, Fbrida taw permits a butlder to ob#ain a waiver of this rtght. By signing this Agreement,the Buyer(s)hereby waives the right to have their deposit escrowed and the right to eam interest on their depqsit. The Buyer(s)agrees to make all depasit payrnents directly to the SeAer. The Buyer's deposits must bs equat to fhe requsred FHA down payment prior#o the rele�se af const�ctlan on a1I FHA end ioan ctosings.A{I depasits on , conventional loans must be received prior to release of construction on a0 end loan closi�gs. 7. FENANClNa: Buyer{s)shall,not lafer than 7 days from ttie.date the Purchase and Sates Agreement is executed by the Buyer(s), make fuli loan appiication for a 30 year $258,535.00 loan, proceeds of which shal! be paid to SeAer at time of closing. The fespansibll�tyr#or arranging such loan is assumed by Buyer(s}. Buyer{s} shap fumish promp�y alt infortnation, doce�mentation, artd � cause to be executed all documents necessary as required by the spec�ic ioan type sought by the Buyer{s). The M�RTGAGE AMI�UNT set forth on the PUFtCHASE AND SALES AGREEMENT may be adjusted Based on elections made by the Buyer(s) inctuding,#u#nat#imited to,mortgage and financs optioas sel�cted in con�unction wtth Buyer(s}financing,selected des'tgn options and i #eatures,and ati change orders. All references in this PURCHASE AND SALES AGREEMENT to ttte MOflTGAGE AMOUNT shall be deemed to be the actuai amount of the MORTGAGE LOAN as adjusted by the muhaal agreement af the parties. � �'r�-� �,�� Ctiet�t t[}:A36486 CGG458580 ver.8/11 BUYER(S)INITIALS �,/� v'�+ Page 1 of 9 Pany Casamassima and Amado Navas/36304 D011a Gold Ct. BaS@