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MARSELLA CONSTRUCTION, INC. , 30141 S.R. 54 West Wesl$y Chapel, FL 33543-4521 Phone: (813) 973-1010 . Fax: (813) 973-1631 Ccmma'tIIIIkII~ C8 C027050 CanrnerciII ~ CUICaInS Cl' C0429f] CONTRACT TO BUILD:.1t€lUSE 1\Y0 DuPLe)' (Cost Plus Fee) Contractor: mARc;,c;I.L4 ~t::7I?I/CT/~N //\ft:.; I Owner: M8. PA TRI ~ II .l'Iuux;.c/L-A E" MARIe fJ. . c.:s-RAIl.D- Date: 4 - 17 - 06 ,/ h1.4RSEitA Owner is or shall bec me fee simple owner of a tract or parcel of land known or described as: Lo 15 L - 'S S' '?/PN Contractor hereby agrees to construct a residence on the above described lot ac~ cording to the plans and specifications identified as: Exhibit A - plans and specifi- cations drawn f'I~RC;.f 3i.J 0 G by RICK GOLLHARb"1" Owner shall pay Contractor for the construction of said house cost of construc- tion and a fee of / tJ ~ Cost is estimated in Exhibit B. Each item in Exhibit B is an estimate and is not to be construed as an exact cost. Owner shall securelhas secured financing for the construction of said house in the amount of cost plus fee, which shall be disbursed by a savings and loan or bank from time to time as construction progresses, subject to a holdback of no more than X percent. Owner hereby authorizes Contractor to submit a request for draws in the name of Owner under such loan up to the percentage completion of construction and to accept said draws in partial payment hereof. In addition, it is understood that the Contractor's fee shall be paid in installments by the savings and loan or bank at the time of and as a part of each construction draw as a percentage of completion, so that the entire fee shall be paid at or before the final construction draw. Contractor shall commence construction as soon as feasible after closing of the construction loan and shall pursue work to a scheduled completion on or before X months from commencement, except if such completion shall be delayed by unusu- ally unfavorable weather, strikes, natural disasters, unavailability of labor or mate~ rials, or changes in the plans or specifications. Contractor shall build the residence in substantial compliance with the plans and specifications and in a good and workmanlike manner, and shall meet all building codes. Contractor shall not be responsible for failure of materials or equipment not Contractor's fault. Except as herein set out, Contractor shall make no representa- tions or warranties with respect to the work to be done hereunder. Owner shall not occupy the residence and Contractor shall hold the keys until all work has been completed and all monies due Contractor hereunder shall have been paid. Owner shall not make changes to the plans or specifications until such changes shall be evidenced in writing, the costs, if any, of such changes shall be set out, and the construction lender and Contractor shall have approved such changes. Any additional costs thereof shall be paid in advance, or payment guaranteed in advance of the work being accomplished. Contractor shall not be obligated to continue work hereunder in the event Owner shall breach any term or condition hereof, or if for any reason the construction lender shall cease making advances under the construction loan upon proper request thereof. Any additional or special stipulations attached hereto and signed by the parties shall be and are made a part hereof. Owner: I'?~. PA7~/CE'" I/. A1ARSE~M a,-.J __ (seal) fYJRS , f'Yl4P-/f; R . GE~AI!.D - mARsEUA Contractor: }1IJARSEL/...A CoN!;7'~I/C~~1V INC/ ( seal) --- (seal) - -