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<br />CONTRACT FOR CONSTRUCTION
<br />
<br />THIS CONTRACT FOR CONSTRUCTION, dated this l~t day of October '
<br />1991, is between G. L. STEVE CONSTRUCTION, of 37746 Glades Lane, Zephyrhills, Fla.,
<br />(BUILDER), and Mrs. Ann;rp Arnn (BUYER), at
<br />
<br />In consideration of the mutual promises, covenants, and conditions contained
<br />herein, BUILDER and BUYER agree as follows: .
<br />
<br />1. BUILDER agrees to construct a residential dwelling and BUYER agrees to
<br />employ BUILDER to construct the dwelling on property located at Lot. #')0
<br />of Silver Oaks in Pasco County, Florida, and
<br />legally described as follows:
<br />Lot #50 at Silver Oaks, recorded in Public Records of Pasco County, Florida,
<br />in Map Book 26, Pages 46 through 49. See Lot Purchase Agreement attached hereto.
<br />
<br />2. The dwelling is to be constructed thereon in accordance with plans and
<br />specifications that have been approved and signed by BUYER and BUILDER, and at-
<br />tached hereto and made a part hereof as EXHIBITS "A" thru E . All items con-
<br />sidered standard by BUILDER except as noted are attached as EXHIBIT "B".
<br />
<br />3. PRICE. The purchase price for the dwelling to be paid by BUYER is the
<br />sum of $ 59,240.00 ,payable to BUILDER as follows:
<br />
<br />(a)
<br />(b)
<br />(c)
<br />
<br />Initial Deposit $ 500.00
<br />Additional Deposit (at closing) 16.500.00
<br />The following related construction costs are included/excluded in the
<br />purchase price:
<br />V~", Survey
<br />Y~C> Health Dept. Fee
<br />Y~9 Building Permit Fee
<br />Y~C> Inspection Fee
<br />Vpc> Water-Sewer-Hookup
<br />N/A Septic Tank
<br />n,OOO.OO Lot #50 Silver Oaks
<br />Total purchase Price
<br />
<br />N/A.
<br />Yeso
<br />N / A
<br />,
<br />Yes
<br />
<br />Well-Pump .
<br />Sprin~ler Permit
<br />Pool/Jacuzzi Permit
<br />Site Preparation
<br />Insuarance (Builder's
<br />Other
<br />
<br />Risk)
<br />
<br />YOQ
<br />
<br />Total 13 000 00
<br />$ 72' 2~0 00
<br />7 .
<br />
<br />(d)
<br />
<br />Payments are to be made by BUYER to BUILDER as defined in BUILDER'S draw schedule
<br />attached as EXHIBIT "C".
<br />
<br />4. CONSTRUCTION. The dwelling shall be constructed pursuant to generally
<br />accepted standards of the construction industry and substantially completed \,ith-
<br />in 120 days of issuance of the building permit, or within a reasonable time there-
<br />after, subject to delays and other conditions beyond the control of BUILDER.
<br />BUILDER agrees to pursue construction of the dwelling diligently to completion.
<br />
<br />5. INSULATION. Insulation will be installed in the dwelling as follows:
<br />(~ttll block walls will be insulated with Tuff R insulatioo to a thickness of
<br />, inche~l~hich thickness, according to the manufacturer, will yield an
<br />R- alu~ of .; all exterior frame walls be insulated with fiberglass batts,
<br />which thickness, according to the manufacturer, will yield an R-value of II ;
<br />(b~ ~ll ce~lings,. excluding ~arage, pa:-io, an~ first floor of t\7o-story home 1/
<br />ce1l1ngs w11l be 1nsulated w1th blown 1n SAB 1nsulation to a th1ckness of . ~
<br />inches, which thickness, according to the manufacturer, will yield an R-value of
<br />2.b
<br />
<br />6. LIMITED ONE-YEAR WARRANTY AND LIMITED DAMAGES. BUILDER shall warrant,
<br />in writing, the dwelling construction against defects in workmanship and materials
<br />for a period of one (1) year from the date of occupancy or closing, whichever
<br />first occurs, except to the extent such defects are caused by the negligence or
<br />improper acts of BUYER OR ANY PERSON OTHER THAN BUILDER. BUYER shall be obligated
<br />to notify BUILDER in writing at its office in Zephryhills, Florida, of any defects
<br />covered by BUILDER'S express warranty on the dwelling and BUILDER shall make or
<br />authorize repairs as shall be necessary to correct such defects, as promptly as is
<br />reasonably possible. ALL EXPRESS WARRANTIES, ANY IMPLIED WARRANTIES WHETHER ARIS=
<br />
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