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<br />'CONTRACTFORSALEAN ASE .
<br />". t=ld~ljjA ASSOCIAtION Of: ~I!!ALto~s. AND f:LO~IDA IaA~ .
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<br />'hereby agree that Seller shall sell and Buyer shall buy the following Real Property and ersonal Proper y (collectively "emp~Ity ) upon Ihe following terms and condlllons, which
<br />INCW-'DE Standards for Real Estate Transactions ("Standard's}") on the reverse side or attached herelo and riders and addenda to this Contract for Sale and Purchase ("!&nJrag").
<br />I. ,:,.;, DESCRIPTION: .II!
<br />(a) legal description 01 Real P~erty located in ,PASC:O County, Florida: LOT ~ 7l)GUlIER 6>1 r/-l A
<br />flRn04../ OF Lt7r ~ TRAcr C I BRli'NIWCJC,P ..sUB171V 151DA.I BccI<
<br />- {3 ",c me- Ie 'Ps ()
<br />~57 .&?Gv7WOCO Z4<1v~
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<br />.n.___m._____ u ('Seller-)
<br />_(Phone)tf73'-/?38-025 ?:
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<br />'(b) Street address, city, zip, of the Property Is:
<br />(c) Personal Property: #4
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<br />PURCHASE' PRICE ,......................................,........................................................................................................,........................................ $2 (':, ~ 0
<br />PAYMENT:' " .' '. " ,
<br />100,
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<br />.11-
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<br />(a) Deposit held In escrow by in the amount 01 ............................1\ $
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<br />(b) Additional escrow deposit within days after Effective Date (as defined In Paragraph III) in the amount 01................................ $ AlA
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<br />'''''(c) Subject to AND assumption of mortgage in good standing In favor 01
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<br />havin~ an approximate present principal balance of ......................................................................................................................................$NA
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<br />" " (d) Purchase money mortgage and note (see addendum) in the amount of .................................................................................................. $.AfA-
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<br />(e) Other:' , $ N4 .
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<br />(I) Balance to close by U.S. cash, LOCAllY DRAWN certified or cashier's check or third-party loan, subject to adjustments and prorations ............ $ 2 ~ '-J () 0
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<br />III. TIME FOR ACCEPTANCE OF OFFE ; EFF CTIVE DATE; FACSIMILE: If this oller is not executed by and delivered to all parties OR FACT OF EXECUlION communicated in
<br />writing between the parties on or before 2. Z8. 'is- , the deposit(s) will, at Buyer's option, be returned to Buyer and this olfer withdrawn. The date of Contract ("~
<br />~-) will be the date when the last one of e Buyer and Seller has signed this offer. A facsimile copy of this Contract and any signatures hereon shall be considered for all purposes as originals.
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<br />IV. FINANCING:
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<br />, (a) If the purchase price or any part of it is to be financed by a third-party loan, this Contract is conditioned on Buyer obtaining a written commitment within ~s-' days 'after Effective Date for
<br />(CHECK ONLY ONE): U a fixed; U an adjustable; or Ef'ii'fixed or adjustable rate loan for the principal amount of $ ? . 'at an initial interest rate not to exceed~ "10,
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<br />discount and origination fees not to exceed ~ "10 01 the principal amount, and a term of5""je.$.p_ years. Buyer will make application within -'12- days after Effective Date and use
<br />reasonable diligence to obtain the loan commitment and, therealler, to satisfy the terms and conditions of the commitment and close the loan. Buyer shall ;Jay all loan expenses.
<br />If Buyer fails to obtain the commitment or falls to waive Buyer's rights under this subparagraph within the time for obtaining the commitment or, aileI' diligent effort, lalls to meet
<br />the terms and conditions of the commitment, then either party therealler, by written notice to the other, may cancel this Contract and Buyer shall be refunded the deposlt(s); or
<br />ort age described in Paragraph lI(c) above has (CHECK ONLY ONE): U a variable interest rate; or U a fixed interest rate of "10 per
<br />. lille transfer some fixed interest ra es increase. If increased, the rate shall not exceed "10 per annum. Seller s al days after Effective Date,
<br />furnish a statement from each mortgagee stating princlp od of payment, interest rate and statu uyer has agreed to assume a mortgage which
<br />requires approval of Buyer by the mortgagee for assumption, then Buyer sha . essary application and diligently complete and return it to the mortgagee.
<br />Any mortgagee charge(s) not to exceed shall be paid by Buyer. If Buyer IS mort agee or the requirements for assumption are not
<br />in accordance liS Conlract or mortgagee makes a charge in excess of the staled amount, Seller or Buyer may res . t b written notice to the other
<br />pa n ess either elects to pay the increase in interest rate or excess mortgagee charges.
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<br />V. TITLE EVIDENCE: At least 3 days before closing date, but no earlier than ~ days after Seller receives written notification that Buyer has obtained the loan
<br />commitment or been approved for the loan assumption as provided in Paragraphs IV(a) or (b), above, or, if applicable, waived the financing requirements, (CHECK ONLY ONE): 0 Seller
<br />shall. at Seller's expense, deliver to Buyer or Buyer's attorney; or U Buyer shall at Buyer's expense obtain, in accordance with Standard A, (CHECK ONLY ONE): U abstract of title; or 0
<br />tilte insurance commitment (with legible copies of Instruments listed as exceptions) and, aller closing, an owner's policy 01 title insurance.
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<br />VI. 48GLOSING DATE: This transaction shall be closed and the deed and other closing papers delivered on '1-11f - 9S- ,unless extended by other provisions 01 this Contract.
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<br />,vII. RESTRICTIONS; EASEMENTS; LIMITATIONS: Buyer shall take title subject to: comprehensive land use plans, zoning, restrictions. prohibitions and other requirements imposed
<br />by governmental authority; restrictions and matters appearing on the plat or otherwise common to the subdivision; public utility easements of record (easements are to be located contiguous
<br />to Real Property lines and not more than 10 feet in width as to the rear or front lines and 7 1/2 feet in width as to the side lines, unless otherwise stated herein): taxes for year of closing
<br />and subsequent years; assumed mortgages and purchase money mortgages, if any; (if other matters, see Paragraph XV); provided, thai there exists at closing no violation 01 the foregoing
<br />and none of them prevents use of the Property for ~ES'oeAST;"'- purpose(s).
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<br />VIII. OCCUPANCY: Seller warrants that there are no parties in occupancy other than Seller; but, if Property is intended to be rented or occupied beyond closing, the fact and terms
<br />thereof shall be stated herein and the tenant(s) or occupants disclosed pursuant to Standard F. Seller shall deliver occupancy of Property at time of closing unless otherwise stated herein.
<br />If occupancy is to be delivered before closing, Buyer assumes all risk of loss to Property from dale of occupancy, shall be responsible and liable for maintenance from that date, and shall
<br />be deemed to have accepted Property in its existing condition as of time of taking occupancy ullless otherwise stated herein.
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<br />IX. TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Typewritten or handwritten provisions, riders and addenda shail control all printed provisions of this Contract in conflict with them.
<br />X. RIDERS: (CHECK those riders which are applicable AND are attached to this Contracl):
<br />, (a) U COASTAL CONSTRUCTION CONTROL LINE RIDER (e) U INSULATION RIDER
<br />(b) 0 CONDOMINIUM RIDER (f) 0 "AS IS" RIDER
<br />,. (c) 0 FHANA RIDER (g) rr .....sJ..t.Vc~ ~S ~A.1.PuM
<br />"'". (d) 0 FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT RIDER (h) ~ '8(/\ I OU2, O')sv-..":)VW\ .
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<br />XI. ASSIGNAS/lITY:jCHECK ONLY ONE): Buyer a may assign and thereby be released from any further liability under this Contract; a may assign but not be released Irom liability
<br />under this Contract; or l!I'1i1ay not assign this Contract. , I . , :
<br />XII. TIME: Time is of the essence of this Contract.
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<br />XIII. DISCLOSURES: Buyer (CHECK ONLY ONE) ~nowledgeS; or Q does not acknowledge receipt 01 the Agency/Radon/Compensation, tile Flul Propllr:ly !i,''Il," Iillllells8 .
<br />Bissli,"Ufl1 '^t;:>rplllg, and, if applicable, the Mandatory Homeowners' Assodation disclosures. BUYER'S INITIALS.
<br />XIV. MAXIMUM REPAIR COSTS: Seller shall not be responsible for the payment of costs in excess of:
<br />(a) $ ;.LA ._ for treatment and repair under Standard D (if blank. then 2"10 of the Purchase Price).
<br />(b) $ AlJ4. for repair imd replacement under Standard N (if blank, :,1en 3% 0: Ih.. F'uic:lase Pr!::e'.
<br />XV. SPECIAL CLAUSES: If additional space Is required, attach addendum and CHECK HERE a.
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<br />THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD, SEEK THE ADVICE OF AN ATTORNEY PRIOR TO SIGNING,
<br />THIS FORM HAS BEEN APPROVED BY THE FLORIDA ASSOCIATION OF REALTORS AND THE FLORIDA BAR.
<br />Approval does not constitufe an opinion that any 01 the terms and condifions in Ihis Confracf should be accepled by Ihe parlies in a parlicular lransaction. Terms and condifions should
<br />(", be negotiated based upon Ihe respective interests, objectives and bargaining posilions of alf interested persons.
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<br />$oclal Security or Tax 1.0. ,
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<br />Deposit under Paragraph II (a) received; IF OTHER THAN CASH, THEN SUBJECT TO CLEARANCE. N,f
<br />SR6KER"S FEE: The brokers' named . Including IisUng and cooperating brokers, are the only brokers entitled to compensation in connection with this Contract:
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<br />Name
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<br />(Escrow Agent)
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<br />COOl"" ~ "lng Broker" "'
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