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<br />SEVENTH: An~ work done or materials used in constTlicti.on of said building 1101 in ac.cord:wcc;;wrth <br /> <br />plans and speci1kations ~J be replaced by the Contractor at his OWn expense upon demand (If the <br /> <br />Bu~.'c,. Defective matenal~ installed by the Contractor or his Sub-contractor.; will be repla.ced by the <br /> <br />Contractor at lis e:\:pense for.] period of one year after issu,mce of the CertitJcak of Occupancy <br /> <br />E1GfITH: <br /> <br />At leasT tho.:- (5) \\orking days prier tv the Contractor obtnming the Ct:rtificate of <br /> <br />Occupancy', COlltrac..1or shall notify the Buyer i:n writing th.at the premises have been substantially <br /> <br />completed ;md are ready for the Buyer '.5 insp~ction. Buyer shall then advise (he Conr.ractor, eiTher orally <br /> <br />or in writing, when they shall make their inspection. At the end oftbe Btlyer's inspectioIl, the Buyer may <br /> <br />give the C outmctor a list 0f alleged defects In the Improvements, Whiten ~hall hereinafter be rdcrre-d to as <br /> <br />the"plUlCh list" At!er obtaining Ce11ific~"lte of Occupancy and upon iESuaJlce of.1 pUIlch lis1: amounts <br /> <br />Buyer tmtil satiSfactory resolutl(1I1 afthe punch list. Contractor shall te\'ie,,, the punch li~'1 Wlt}l the <br /> <br />equal to 95% of the contract ".il] be paId to th~ Contractor. Tht~ balauc(; of SOil ~hail be n:Tained h~' the <br /> <br />Buyer. ex.1.nlme th(~ imprO\03menr,; ,md ,linU ha,'" the 011t1on of either curing any defect maklllg an <br /> <br />allo\"an~~f:' tor ilny defect 0r .1dvis~ the Buyer that th.e Contnlctor does not consider any gi'\.t'n punch list <br /> <br />item to be a defeCT for \\hl\.:-h it is reasonable. In the latter Celse, the parties shall attempt ill good fair.h, t() <br /> <br />negotiate any amicahle ;,csolutiol1 to any disagreement thcy mny have J.ftlli~ partics arc l!.nabJ~ to rC,1ch <br /> <br />;ow i:1lHicab1e re~OllltiOn, ..:lther party ma~ brmg tbl.:1 matter before a CO\Ut of competent Jurisdictioll. <br /> <br />Nothing herein shall be construed to eliminate. modif..' or in am \'iiY aftc't an\' k2i1! riUht or ri::medv th.1t <br />. . . '. . - - . <br /> <br />~ther party may have under the Laws L'E the St~l1e of Florida. <br /> <br />3 <br /> <br />----.---- <br />.- .=..:. ~ .. <br /> <br />. .-.. ...:...: - ,-, .,. - ,.::., ~', '-I ~:- <br />. . <br /> <br />',J ~ _ <br /> <br />J ~! ':' :: = ,:, (1 <br /> <br />").:.J';":, <br />