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Comprehensive Rider to the THIS FORM HAS BEEN APPROVED OY THE FLOR DASaledREAALTORS A14DeTHE FLORIDA BAR e el��Florida Realtors If initialed by all parties,the clauses below will be incorporated into the Florida Realtors@/Florida Bar Residential Contract For Sale And Purchase between_Ryman construction Inc. (SELLER) and Lori A Wilder _(BUYER) concerning the Property described as 6758 Basswood Circle Zephyrhills FL 33542 -- DRIFTWOOD PHASE V PB 62 PG 071 LOT 35 OR 6452 PG 1430 Buyer's Initials „ Seller's Initials 7:08 PM EST dodoop Verified E.FEDERAL HOUSING ADMINISTRATION(FHA)/U.S. DEPARTMENT OFVETERANS AFFAIRS(VA) 1. DEFINITIONS: (a) "Contract" is the Florida Realtors@/Florida Bar Residential Contract For Sale And Purchase(2014 ed.), to which this Rider is attached and intended to amend. (b) "Property" is the Property which is the subject matter of this Contract. (c) "HUD"is the Department of Housing and Urban Development. — - (d) "Purchaser'is the Buyer named in this Contract. 2. INSPECTIONS AND APPRAISAL: In addition to the requirements of Paragraph 12 of this Contract, Seller shall comply with applicable FHA or VA regulations regarding termite inspection, roof inspection, and appraisal repairs (collectively "Appraisal Repairs"). The �= cost to Seller for Appraisal Repairs shall not exceed $20.00. which cost is in addition to the costs required to be paid under Paragraphs 9(a)and 12.(b), (c)and (d). 3. ❑ (CHECK IF APPLICABLE): FHA FINANCING: It is expressly agreed that notwithstanding any other provisions of this Contract, the Purchaser shall not be obligated to complete the purchase of the Property described herein or to incur any penalty by forfeiture of earnest money deposits or otherwise unless the Purchaser has been given in accordance with HUD/FHA or VA requirements a written statement by the Federal Housing Commissioner, Veterans Administration, or a Direct Endorsement lender setting forth the appraised value of the Property of not less than $ . The Purchaser shall have the privilege and option of proceeding with consummation of this Contract without regard to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. HUD does not warrant the value or the condition .of the Property. The Purchaser should satisfy himself/herself that the price and condition of the Property are acceptable. (a) Fees, Prepayments: Purchaser shall pay all loan expenses, except tax service fee which fee, if charged by Buyer's lender, shall be paid by Seller up to a maximum of$ (b) Appraisal Repairs: If the cost of Appraisal Repairs exceeds the limit imposed by Paragraph 2 above, Seller must, within.3 days after receiving notice of the excess cost, give Purchaser written notice of Seller's intention to pay some, all, or none of the excess amount. If Seller elects to pay less than the'full amount of the excess cost, Purchaser may elect to pay the balance or cancel this Contract. Purchaser's election must be in writing and provided to Seller within 3 days after receiving written notice of Seller's election. (c) Certification: We, the undersigned Seller, Purchaser and Broker involved in this transaction each certify individually and jointly that the terms of this Contract are true and correct to the best of our knowledge and belief and that any other agreements entered into by any of these parties in connection with this transaction are part of, or attached to,this Contract. 4. ® (CHECK IF APPLICABLE): VA FINANCING: It is expressly agreed that, notwithstanding any other provision of this Contract, the Purchaser shall not incur any penalty by forfeiture of earnest money or otherwise be obligated to complete the purchase of the Property described herein, if this Contract purchase price or cost exceeds the reasonable value of the Property as established by the U.S. Department of Veterans Affairs. The Purchaser shall, however, have the privilege and option of proceeding with the consummation of this Contract without regard to the amount of reasonable value established by the U.S. Department of Veterans Affairs. Page 1 of 2 E. FEDERAL HOUSING ADMINISTRATION (SEE CONTINUATION) CR-5 Rev 9/15 @201.5 Florida Realtors®and The Florida-Bar. All rights reserved.