|
<br />SEP. 12.2006 11: 23AM
<br />
<br />NO. 297
<br />
<br />P'l'"
<br />)'
<br />,
<br />
<br />,
<br />
<br />Residential Sale and Purchase Contract
<br />FLO~IDA ASSOCIATION OF ~EAL TORS@
<br />
<br />1"
<br />2"
<br />3
<br />"'"
<br />S"
<br />eo
<br />7"
<br />II
<br />9
<br />10'
<br />11"
<br />12'
<br />
<br />~~:.. The following attlll;hed Items Ire excluded from the purohase: . ~ '"'' ... ._: _.._...._,__.:-...__;
<br />
<br />15 The rea' and I'..rsonel prop.rty deaoribed above as Inoluded In the purOh811e ,.. referred 10 8S Ihe "Property." rer~;;;;rPrOf;;;;ty lI.teet:.
<br />fa In this Contr;ot is inoluded In the purohase prloe, hu no contributory value and is being left f~r Seiler'S oonvenienoe. l
<br />
<br />17 I'R1CEAND FINANCINC3
<br />16" 2. PURCHASE PRICE: S 2. 'f', '1fJO, IJ 0 payable by Buyer in U.S. cllrrency n fallowa:
<br />19" (Il) $ ->>0", 4) D Deposft reCeived (ohecks lire subject fa clearanoe) .
<br />20' . forC'EecrowAgent") f'l1'l4tuu ~ s'
<br />21 . Sll1llltu" Nsm. of Oomp.ey
<br />22* (b) S AddRlonal deposilto be made by
<br />.23' (e) Total Financing (see Paragraph 3 blIOW)'{expret;s .. a dollar amount or ptIroentilge)
<br />24' (d) S Other: .
<br />25" (e) $~, 1;1)11. 012 Balance to close (not inchJdlng Buyer's cl08lng cOllts, p(epald llama Bnd proralhlll$). All lunda
<br />26 ' pald Bt clOSing must be paid by locally drawn oashler's chooK or offlolal benk check or wlred
<br />27 fUnde. 'lcP': :,
<br />28 3. FINANCING: (Check .s IIppl/oable) c"".(B) 8uyer wlll pay calh ror the Property with no financing. eontingenoy. 0 (b) Thill.
<br />29* Conlulct Is oontingent on BuyerqullllfYlIIg and obtellllllg (1) and lor (2)beiow(the"Flnanclng")by_.__ _ __._._--"
<br />30' (if left bllUlk lhen Cle,'ng Dete or wlthln 30 clIlye trom Effective Date, 'IIof1iohllll.r OCCUI's flrst) t'Flnanolng Period"): t
<br />31" 0 (1) A commllrnent fO/' newO oonvenllonal 0 FHA.O VA financing tors or _ % ofthe purllhase prIce (plu~
<br />32 any appUcQblePMI, M1P, VA funding f..) at Ihe prevailing interest nde IInd loan .tIoste (If FHA or VA, see attaohed addendum)
<br />33" 0 (2) Approval for SelJer flnancillg or IlSslJmption of morlO.ge (sell attached addendum).
<br />34" BuyerWlII apply for Fina(iolngwllhln _ days from Effective Dala(8 days If left blank) and will tImely provIde any and all ored
<br />36 employment, finanolal and other infor matlon required by the lender. Ell her party may oancel RIle Contract if (I) Buy.r, after usin
<br />36 diligence and good faith, cannot obltl," the Flnllnclng, (inclUding meeting the l"ms of Ihe commltmelrt), Dr (II) the Flnaneln
<br />37 II .d~nl~d because the Property appraius below the purchase price and either Buyer Illel1ts not to prooeed Dr the ~rt!es ar
<br />36 unable 10 renegotiate the purohllse price. Upon oanc"lIlltion, Buyer will return all Sallar-prDlltded !llIe evldence, eurveys IIn ~
<br />39 ' allllopialion dOcljm~nts and aUyer" dllposit(S) 'MIl be retutnlld efter Escrow Agent rOl:elVllII proper authorization ttom al
<br />40 inferested partlee. .
<br />
<br />1. SALE AND PURCH
<br />aod
<br />agree to ull and bu
<br />Addres.:
<br />
<br />. <II.
<br />~ condition, epeolfied below the property desorlbed tlll:
<br />I
<br />County: ,
<br />Legal Description: HIe ).~N.J' ---. ---!iJ
<br />. Tax 10 No: ~ - - --~::'l22.m-.
<br />together with all Irnprovem.nts lI/ltl attaohed /leme. Inolu<llng fbcturea, buill-In fUTJlfehlnge, bUilt-In appliances, oelllng fill1$'
<br />light fbctur8ll, attached Wlll-tO-wllll carpetfng, rodll, draperies Ilnd othBf window coverings, The only other items lnoluded~
<br />In the purchase are: . ,-.__ ------1
<br />
<br />
<br />. . ("sllller"l
<br />. -.--_._.. ("Buyer" r
<br />
<br />
<br />
<br />
<br />
<br />41 - . CLOSING!
<br />42" 4. CLOSING OME; OCCUPANCY: Thle Contrsotwlll l:le closed enelthe deed and pOSlle8alon delivered on ~ .2 _ 0 ./
<br />43 ("Closing Date"), unless extende'd by other provlelons ofthle Contract. The Properly will buwept Olea" and SeUar'. pereonal flem
<br />44 remolled on or b.fore Closing Dete.lf on Closing OllIe InBur"nce Underwriting Is IUspended.auYllr may pClItpone oloslng upto Bd8Y;'
<br />4:1 5. CLOSING PROCEDURE; COSTS: ClOSing \Wl1 take plece Intl1e county Vr1ler\! tha Property Is looated. If title Insuranc'
<br />48. insures Buyer for title defects arising belW6en tne title blnder effective dille and recording of auyer's deed, closing egenf WI!
<br />47 dr.bur.a at clQ$lng the net sllle proceeds to Selle( and brokerage fees to Broker as por Paragraph 19. In addition to oln
<br />4a expenses p(ovlded in thle Contract, Seller and Buyer Will pay the costs indlclfed below, .\
<br />49 {a)SctUer Cc>$ts: SellerVo111 pay tllll;es and.urtaxes onthed..cl aM recording fees for doouments needed 10 cur a tltle; c:ertlfle<!
<br />50 confirmed and ratlfh,d speolal as&..sment liens and, if an Improvement Ie tUbstantllllly complellld as of Effectlv" Date,.:
<br />51* amount equal to ths Jast eallmah. of the .Ieesement; up to _ % (1.5% If left blank) .of the purohan price for repaIrs f
<br />62" warram6d Ileme ("Rep.ir Umlt"): IInd up to _ % (1.5% If left blank) 01 the purohase' p(fcefor'Mlod-deatroylng crganle
<br />53" trealm\!nt and replllrs ("termite Repair. Limit"); Other: "
<br />64 (b) Buyer Coats: Bu~rwlll pay taxes and recortllng feea on notes and morlgasres; rllOordlng feO$ cn the deed en
<br />5S fln!lnoin9 etatemen1&; IOlU1 expenees; pRnding speofal aSlIll"ment lien.; lender's title polley; Inspeotlons; SurveYi l1c
<br />56" Ill!! uranoe: other: . .
<br />57 (oJ Title Evidencll and Insurance: Check (1) or (2): . 'I
<br />58" 0 (1) S~"er will proVf~ a Parllgr~h 1 0(a)(1) owner'll tJtle Insurances ocmm~ment III tltfe $VldenolJ. M Sell.r 0 Buyer WI
<br />69' eeleolttte tlllll agenl, JII s.Uer 0 Bllyer will pay for the owner's title policy, searoh, examination lIInd rol.ted chtrge .
<br />60 Blah party will pey Its own clOSing fee.. .
<br />81" 0 (2J Seller Will provide tllle evldenoe as lpecmlld in Pllragrapo 10(a)(2). 0 Stlter 0 Buyer will pay for the owner', tnf
<br />62 polley and select Ill. title agent. Seller win pay fees for tille ,sarche. prior 10 cloSIng, Inoluding tax search and ria
<br />63 searllh f\lea, and Buyer will pay fees. for tille searches after closinll (If arty), tltlll examination feet ancl olO8lng fee
<br />64 (d) Prora.llons: The followlng Items will tle mad. current pf applicable).,and prorated ftS 01the day before Closing Date: r
<br />65 estat. taxea, Intereat, bond., aueaamenla, 119$oolatlon 1e", Insunmoe. rents and other ourrent expen,.. and revenue8
<br />66 tile Prof)erty. It taxae SlId anessmenb for the ourr.nt year cannQt be determined, the prBYlous Y'.r'$ ralflWwilJ be used
<br />87 adjustment for exemptions and Improvements. BUyer Is responsibfe for property tllX Increaees dUll to change In OWIlers
<br />68 (II) Tax Withholding: Buyer and SeUer will oomply with the foreign Investment in Re81 Pr,!pertyTax Aot, whloh nwy rsq
<br />El9 Seller 10 provide addltfonal ouh allll08i~ If Seller ill a "foreign perl on" lIS defined by federal.law. :
<br />70. (f) Harne Warranty: 0 BUYlItD SallerU N/Awllt pay for a home warranty planlllsued by _ at
<br />71" o08tnottoexo.ed$ . Ahomewarrlll1lyplanprolllcl.sforrepair or replacement of many of a home'. meohanlc
<br />72 systems and major bullt""n applian~es 'n the event of breakdown dlle to normal wear and tear during the llgre8ment perlo
<br />
<br />73 PROPeRTY CONDITION
<br />74" 6, INSPECTION f>ERIOOS: Buyer WIll complBt~ ths Inspeotlons referenoed In P*,agraphe 7andO{a)(2) by
<br />75. (wlthin 10 day. from Effootlve Oate If left blank) ("Inspection Period"), the WOod-d8lltroying organIsm Inapeclion
<br />78' (prior to 01051ng If left blank), and the walJv.through Inspaallon on the day before Closing D
<br />77 or any other time agreNble to fhe partl..
<br />
<br />70* allyer L.....-lL--Jand Sl;lller~~aoknOW!edge rllCelpl 01 a copy ofthle page. Which III
<br />
<br />FAR-5 Rey, 1lWS 1lI1ggj I'lorlda A..oolatlon Of ReaIlOl'c4D All Rlghle Ro.erv8d
<br />, TllI.lonn i& IIgen~ed ro'....e ...11" FarTOUI'lto.... Fonno Soltwar. by leG MoA!IIs.\o, PUbllshing,lnc, 800..a:lll-l0:l7
<br />
<br />
<br />'C
<br />
<br />,16['CII
<br />
<br />I D:: r
<br />
<br />; (q
<br />
<br />: I~ l.
<br />
<br />'11
<br />Page' of 4 Pllg~ ; ~
<br />';:1..
<br />;1"[ ,
<br />t ;:
<br />:1;1
<br />,. I;
<br />:!! i
<br />. oJ &: a~.,
<br />
<br />Vi~g [I. I I
<br />
|