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! , ' . . <br /> $� FLO�D ELEVATIUN: Upan the signing af this connact,the builder assumes that the locatian <br /> of the home is nat located in th� 1 QU year flood plain as outlined in the National F1_ood Inswrance <br /> Rate Map. If the home is located in the 100-year flaod plain,Federai Law makes it mandatory <br /> that the finished floor slab level is a minimum af 12"above the flood elevatian.A licensed <br /> i surveyor wiil be needed to determine the slab elevation,and after the slab is poured,the surveyar <br /> � will again be needed ta certify the elevation as correct.Due to Federal law the hame cannot <br /> praceed past floor ievel until this elevation is certified. <br /> 9) PAYMENT UF ALL SURYEYS IS THE RESPONSIBILTTY OF THE HOMEUWNER{S�. The survey <br /> fees are included in the cost of the new hame up�a$504.00.Above this amount is by owner. <br /> 10) SEPTIC SYSTEM: If this hame contract includes a septic t,ank installation,it is assumed to be <br /> a regular in ground installation. Should an elevated tank be necessary due to the State Health <br /> Board,the builder will notify the Owner af the difference in cost.Each `zaised' system varies in <br /> cost,and this cast cannat be determined un�il the State Health Boazd performs the actual soil <br /> analysis test. With an add%tional$300A0,NON-REFI.TNDABLE deposit from the t�wner,the <br /> builder wili pay for the sail analysis test prior to the bank application, so that any additional cost <br /> can be financed bq the bank rather then having to pay additianal cash out of pocket. <br /> 11) CoNDTZ'�[oN o�LoT: The builder is not responsible for the soil condition or the water table <br /> level on the owner's lat. If any cost is requ�red to make the lvt"buildable'-'as per government � <br /> regulations or due to other canditions as mentioned in the above paragraph,the owner agrees to ; <br /> pay£or such costs. It is understood that undue delay in this manner may accrue more costs to the <br /> awner because of extended time in building,Removai o�f trees,stumps,excess dirt,trash,or any <br /> debris sha11 be the expense of the owner. Owner shall pay excessive grading or bringing in fill <br /> dirt above 16"over original grade. <br /> 12} CONTRA,CT TIME: Builder sha11 execute the work properly and d'zligently and shall <br /> complete the construction within 210 calendar days from the receipt af the bwilding permzt; <br /> pravided,however,that if the completion af construction is delayed by the�wner,by strike, act <br /> af God, government authority,or by changes or additians requested by(Jwner,or by any <br /> Gonditions ar circumstances beyond the contral of Builder,then the tirne for completion of this <br /> contract shatl be extended by such additional time as may be necessary as a result of such delay <br /> or delays. <br /> 13) I1vsu�€tAtvcE: Builder shall ma.intain such insuranee as required by Worker's Campensatian <br /> staiutes including injury or death to workman for which Builder may be liabie.Builders Risk <br /> insurance shall be ordered by Homeowner{s)in the amount required by the financial institution <br /> ar replacement cost of the building,whichever is greater. Such Buiidezs Risk insurance shall <br /> inolude"Special Farm"perils coverage or its equivalent,and e�ctend to cover building materials <br /> delivered but not yet installed. Hameowner(s)shali secure such insurance with an A.M. Bests" <br /> Initial/�� <br /> Initi '" - � <br /> Page 3 of 13 <br /> ,._-..--- <br /> — — , , <br />