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:�� � , ALL STATE I30MES,INC.
<br /> ' CONSTRUCTION AGREEMENT
<br /> 11300 N.Central Ave.•Tampa,Florida 33612 P�
<br /> 813-935-2111 or 933-6561•Fax 813-932-3753 �
<br /> Date: 7/15115
<br /> Purchaser's Name SHERMAN LUCKEY AND ALISE LUCKEY
<br /> Purchaser's Address 39119 PARK DRIVE City ZEPHRHILLS State FL Zip Code 33542
<br /> Home Tel. (813)783-2322 Bus.Tel. Other Tel.
<br /> THIS CONTRACT made and entered into by and between ALL STATE HOMES, INC., hereinafter called the "Contractor" and above
<br /> "Purchasers" hereinafter called the OWNER. The Contractor agrees to construct a home or duplex(s) or triplex(s) (hereinafter"Home") as per
<br /> Contractor's plans.
<br /> Model CUSTOM Elevation CUSTOM Signed and approved by Owner
<br /> Such home is to be built on the property of Owner, in PASCO county ZEPHRYHILLS city, legally described
<br /> as follows:_12-26-21-0030-00100-0090 and the Owner agrees to pay for such home the purchase price shown
<br /> below and,unless a 100%cash purchase,Owner authorizes Contractor to arrange first mortgage financing for said home on said property as
<br /> shown above.
<br /> Model Purchase Price $ 160,900.00
<br /> Total Extra Items,Closing Cost&Survey Allow-
<br /> ance(AddendumlChange Order 001) $ 30,550.00
<br /> $
<br /> TOTAL PRICE $ 191,450.00
<br /> Down Payment $ 0.00
<br /> Allowances for Lot Payoff(if any) $ 0.00
<br /> AMOUNT TO BE FINANCED A $ 191,450.00
<br /> 1.CONTRACTOR REQUIRES UP TO THIRTY(30)WORKING DAYS TO START CONSTRUCTION AFfER MORTGAGE CLOSING AT LENDER,OR ESCROW DEPOSIT ON CASH CONTRACTS,AND
<br /> RECEIPT OF BUILDING PERMR;PROVIDED,HOWEVER,THAT CONTRACTOR SHALL NOT BE REQUIRED TO COMMENCE WORK UNTIL NOTICE OF COMMENCEMENT IS RECORDED IN THE
<br /> PUBLIC RECORDS OF THE COUNTY WHERE THE ABOVE DESCRIBED PROPERTY IS LOCATED AND A CERTIFIED COPY THEREOF IS PROPERLY POSTED ON THE CONSTRUCTION SITE.
<br /> 2.CONTRACTOR REQUIRES UP TO TWO HUNDRED SEVENTY(2T0)DAYS PER HOUSE OR DUPLEX INCLUDED IN THIS AGREEMENT FROM THE DATE OF COMMENCEMENT OF ACTUAL
<br /> ' CONSTRUCTION FOR COMPLETION OF CONSTRUCTION OF EACH HOUSE OR DUPLEX INCLUDED IN THIS AGREEMENT.
<br /> 3.COSTS OF UTILITY TAP FEES,SUCH AS ELECTRICAL,WATER,AND SEWAGE TAPS THAT ARE NOT INCLUDED IN THE TOTAL PRICE STATED ABOVE,AND ALL SUCH COSTS SHALL BE
<br /> PAID BY THE OWNER IN ADDRION TO THE TOTAL PRICE STATED ABOVE.
<br /> 4.IF ANY GOVERNMENTAL REQUIREMENTS DICTATE STANDARDS IN EXCESS OF NORMAL SEPTIC TANK AND DRAINFIELD STANDARDS SUCH AS,FOR EXAMPLE,SUMP PUMP,ANDIOR
<br /> OVERSIZED SANDBED OR DRAINFIELD ANDIOR EXTRA FILL DIRT REpUIRED FOR A HIGHER SEPTIC TANK STUBOUT,THE EXTRA COSTS OF SUCH REMS OVER THE NORMAL STANDARDS
<br /> SHALL BE AN ADDITIONAL CHARGE TO THE OWNER.
<br /> 5..ANY OTHER COSTS OF MEETING ANY GOVERNMENTAL REQUIREMENTS FOR THE PURPOSE OF CONSTRUCTION ON OWNER'S PROPERTY,DESCRIBED ABOVE,SUCH AS,BUT NOT
<br /> LIMITED T0,DEVELOPMENT IMPACT OR PERMR FEES(OTHER THAN NORMAL BUILDING PERMIT FEES OR COST OF INSPECTIONS),ENGINEERING,STUDIES,SPECIAL IMPROVEA9ENTS TO
<br /> SATISFY GOVERNMENT REQUIREMENTS,ETC.,SHALL BE PAID BY OWNER..
<br /> 6.NO ALTERATIONS,ADDITIONS T0,OR ADDENDUMS TO THIS PRINTED FORM CONTRACT SHALL BE BINDING UPON ALL STATE HOMES,INC.WRHOUT THE SIGNATURE OR INITIALS OF A
<br /> CORPORATE OFFICER OF ALL STATE HOMES,INC.APPEARING THEREON.
<br /> 7.THIS CONTRACT SHALL NOT BE BINDING UPON ALL STATE HOMES, INC., UNTIL REVIEWED AND ACCEPTED BY AN OFFICER OF ALL STATE HOMES, INC.THE FOREGOING
<br /> NOTWITHSTANDING,IF ALL STATE HOMES,INC.DOES NOT REJECT THIS CONTRACT WRHIN THIRTY(30)DAYS OF THE EXECUTION HEREOF OF ALL PARTIES,THEN THIS CONTRACT
<br /> SHALL BE DEEMED ACCEPTED.THE EFFECTNE DATE OF THIS CONTRACT SHALL BE THE EARLIER OF THE 30TH DAY AFfER EXECUTION BY ALL PARTIES IF THE CONTRACT HAS NOT
<br /> BEEN REJECTED,ORTHE DATE OF SUCH ACCEPTANCE.
<br /> 8.RADON GAS:RADON IS A NATURALLY OCCURRING RADIOACTNE GAS THAT,WHEN IT HAS ACCUMULATED IN A BUILDING IN SUFFICIENT QUANTITIES,MAY PRESENT HEALTH RISKS
<br /> TO PERSONS WHO ARE EXPOSED TO IT OVER TIME.LEVELS OF RADON THAT EXCEED FEDERAL AND STATE GUIDELINES HAVE BEEN FOUND IN BUILDINGS IN FLORIDA ADDITIONAL
<br /> INFORMATION REGARDING RADON AND RADON TESTING MAY BE OBTAINED FROM YOUR COUNTY PUBLIC HEALTHUNIT.
<br /> 9.OWNER TO HAVE ALL STATE HOMES INC.A NAMED INSURED ON THEIR BUILDER'S RISK INSURANCE AND IS RESPONSIBLE FOR ANY THEFTNANDALISM ON SRE..OWNER AND
<br /> OWNER'S BUILDER'S RISK INSURANCE COMPANY HEREBY WANE SUBROGATION RIGHTS AGAINST THE CONTRACTORAND THE CONTRACTOR'S INSURANCE COMPANY.
<br /> 10.ACCEPTANCE FROM OWNER IS DEFINED AS WHEN ALL STATE HOMES,INC.IS FULLY PAID.
<br /> B EXCEPT WHERE CONSTRUCTION MORTGAGE PROVIDES OTHERWISE,AND ON ALL NON-FINANCED CASH PROJECTS, I
<br /> � )
<br /> CONTRACTOR SHALL BE PAID AS FOLLOWS
<br /> Initial down payment $ 0.00 DATE RECENED 1 1
<br /> 25%of total price(less any initial down payment) $ 0.00
<br /> 15%of total price when concrete slab is poured $ 0.00 TOTAL PRICE
<br /> 50%of total price when roof dried-in,inside framing and tub set $ 0.00
<br /> Balance upon completion $ 0.00
<br /> $ 0.00
<br /> NOTE:UNLESS MORTGAGE FINANCING INDICATED UNDER"A"ABOVE,ALL CONSTRUCTION PROJECTS SHALL BE CASH PROJECTS,PAYABLE AS ABOVE
<br /> SPECIFIED UNDER HEADING"B".
<br /> THIS AGREEMENT IS SUBJECT TO ALL TERMS AND CONDITIONS STATED UPON PAGES 1 THROUGH 3.TIME IS OF THE ESSENCE OF THIS AGREEMENT.
<br />- _IF ALL STATE HOME$,INC.IS TO ARRANGE PERMANENT FINANCING; PAYMENT WILL BE BASED ON AVAILABLE CONVENTIONAL RATES AT THE TIME OF
<br /> COMMITMENT FROM LENDER. " - ' " - - -- _- — —- �
<br /> — DATE CEIVED _7 / 15 1_15_
<br /> THE BUYER OF A ONE-FAMILY OR TWO-FAMILY RESIDENTIAL DWELLING UNIT H �ZHE.RIG HAVE ALL DEPOSIT FUNDS(UP T010 PERCENT OF THE
<br /> PURCHASE PRICE) DEPOSITED IN AN INTEREST-BEARING ESCROW ACCOUNT.THIS RIGHT MAY BE WAIVED, IN WRITING, BY THE BUYER.THIS RIGHT IS
<br /> BEING WAIVED AS ACKNOWLEDGED BY MY INITIALS ON THE LINE PROVIDED. Customer initials
<br /> WITNE SES:
<br /> J�/ � OWNER � (Seal)
<br /> OWNER • (Seal)
<br /> ALL STATE H S,INC.By:
<br /> HA 00009139
<br /> Re�.(02�0�) Page 1 of 3
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