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� i � � 3020 S. Florlda Ave,Suite 101,Lakeland,fL 33803 Phone:8 619-7103 Fax:863-619-7995 .highlandhomes.org ��'' �(\ C ` , ` � � �`��`.Q��"„\�;��`��S��t;�;�� � LOAM TYPE: CONWCP i Highland Holdings,Inc.,hereinafter called°SE R°hereby agrees to sell to Riek D.Unbehaun-end Janis K.Unbehaun-a Husband and Wife hereinafter called °BUYER(S)°and the°BUYER(S)' hereby agrees to purchase irom °SELLER'the following ' described property tn Pasco County,Florida upon th failowing terms and condftions: � 7.LEGAL DESCRIPTION: Communiry:S�verado ubdNision Legal Name:Silverado Lot 4 PhaseBloc�llage:3 Street Address:36 46 Shady Blu(f Lp Cfty:Zephyrhilis State:FL Zip:33541 Model:Owenburg-SLV 2.TOTAL PURCHASE PRICE OF LAND,IMPROVE ENTS,E�UIPMENT OR IXTRAS $19�,900.00 3.(A) CP LOANS-THE TOTAL DEPOSIT IS DUE RIOR TO CLOSING. END LOANS- THE TOTAL DEPOSIT IS DUE PRIOR TO AELEASE TO START. BOTH SHALL BE PAY BLE AS FOILOWS. (1}Eemest money deposit,receipt of which Is ereby ackn Iwledged at Contract $1,000.00 (2)AddRional payment due on �p,pp (3)Additional payment due on $p,pp (4)Additional payment due on $o.00 (5)Total AmouM of DeposiUDown Payment A1+3A2+3A3+3A4=3A5) g Q4Q 4.APPROXIMATE PROCEEDS OF NEW NOTE AN MORTGAGE TO BE D�CUTED 8Y eUYER(S)A7 CLOSING g�gq,205,pp pf appiicable,one Nme FHA MIP,VA Funding F e,or USDA Guarantee Fee shall6e induded in rtote and mortgage,and shall be paid by Buyer(s).) 5.CONTINGENCY: The purchase of the a6ove re erenced property is noi contingent upon the sale or closing of any properties presenliy owned by Buyer(s).Upon completion of tfi above referenced property and notification to Buyer(s)that Seller is ready to close,Buyer(s)agrees to close promptly. 6. DEPOStTS: Seller is requtred by Flodda law to ive the Buyer(s)the following notice: THE BUYER(S)OF A ONE-FAM{LY OR 7W0-FAMILY RESIDENTIAL DWELLING UNIT HAV THE RIGHT TO HAVE ALL DEPOSIT FUNDS(UP TO 10-PERCENT OF THE PURCHASE PRICE� DEPOSITED iN AN INTERES BEARINGIESCROW ACCOUNT. However, Florida law permds a builder to obtain a waiver of this right. By signing this Agreem nt,the Buyer(s)hereby waives the right to have their depasit escrowed and the right to eam Interesi on their deposit The Buyer(s) grees to make all deposit payments directly to the Seller. The Buyer's deposits , must be equal to the required FHA down payment p'or to the release of construction on all FHA end loan Gosings.All depos'ds on conventional loans must be received prlor to release f construcdon on ail end loan closings. 7. FINANCING: Buyer{s)shall,not later than 7 da from the d I te the Purchase end Sales Agreement is exeouted by the Buyer(s), rneke full lo8n application for a 30 year$184,205. 0 loan, p�oceeds of which shall be paid to Seiler at time of closing. The responsibility for arranging such loan is essumed b Buyer(s). Buyer(s)shall fumish promptly all infortnation,documentation,and cause to be exeouted a(I documents neaessary as equired by�the specific loan type sought by the Buyer(s). The MORTGAGE AMOUNT set forth on the PURCHASE AND SALE AGREEMENT may be adjusted based an electians made by ihe Buyer(s) including,6ut not limfted to,mortgage and flnance op ons seiected in conjunction with Buyer(s)finanang,selected design opdons and features,and ail change orders. Ail references In thi PURCHASE AND SALES AGREEMENT to the MORTGAGE AMOUNT shall be deemed to be the actual amount of the MORTGAGE OAN as adjusted by the mutual agreement of the parties. '�. �'�""�"'� Client ID:A33135 CGC058580 ver.BJit BUYER(S)I IT1AL Page 1 of 9 a�cx D.Unbehaun and Janls K.Unbehaun/38146 Shady Bluff Lp B8S0 I