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IMMW <br /> 5, • <br /> PARTIES AND DESCRIPTION 0 P OPERTY <br /> r 1 . SA DPU CkiASE: ("Seller") <br /> a and 14 j - (" Buyer") <br /> 4 agree to seiLand buy on the terms a conditions specified below the • e (" Property') descr ,A F� <br /> s Address: <br /> s' Legal Descrtp n: <br /> r 36-33-38-000014040-00001 . 0 ,1 <br /> 36-33-38-00001 -0040-00001 . 1 <br /> 1a 36-33-38-00001 -0050-00001 . 0 <br /> ,r including all improvements and the following additional property: <br /> 13• <br /> 14' <br /> 15 � PRICE AND FINANCING <br /> 160 2. PURCHASE PRICE: $ �_ _ payable by Buyer in U .S. funds as follows: <br /> 1r (a) $ Deposit received (checks are subject to c e) on by <br /> ,a. <br /> n4v19 <br /> 20' ( � E9CrGW Agent) J <br /> 21 ' (Phone # of Escrow Agenq <br /> zr (b) $ CY Additional deposit to be delivered to Escrow Agent by <br /> 23' days from Effective Date (10 days if left blank). <br /> 24• (Q) Total financing (see Paragraph 3 below) (express as a dollar amount or percentage) <br /> 28• (d) $ Others <br /> 266 (e) $ Balance to close (not including . Buyer's closing costs, prepaid items and proratlons). Al funds <br /> 27 paid at closing must be paid by locally drawn cashlers check, official check or wired funds. <br /> 2e' O (f) (complete only ifpurchase price will be determined based on a per unit cost instead of a fixed price) <br /> The unit <br /> 29• used to determine the purchase price Is O lot 0 acre O square foot ❑ other (spedf r <br /> 30' prorating areas of less than a full unit. The purchase price ,will be $� I per unit. based on a calculation of <br /> 31 total area of the Property as certified to Buyer and Seller by a Florida-licensed surveyor In accordance with Paragraph <br /> 324 8 (c) of this Contract. The following rights of way and other areas will be excluded from the calculation; <br /> 33' NEW <br /> 346 3. CASH/FINANCING: (Check as applicable) . ) (a) Buyer will pay cash for the•Property with no financing contingency. <br /> W 0 (b) This Contract is contingent on Buyer• quafifying and obtaining the commitment(s) or approval(s) specified below (the <br /> 3s' "Financing') within days from Effective Date (if left blank then Closing Date or 30 days from Effective Date, whichever <br /> 37' occurs first) (the "Financing Period"). Buyer will apply for Financing, within days from Effective Date (5 days If left blares <br /> as and will timely provide any and all credit, employment, financial and other information required by the lender. If Buyer, after <br /> 39 using diibence and good faith, cannot obtain the Financing within the Financing Period, either party may cancel this Contract <br /> 40 and Buyer's deposit(s) will be returned after Escrow Agent receives proper authorization from all Interested parties. <br /> 41 ' 0 (1 ) New Financing: Buyer will secure a commitment for new third party finandng for $ or <br /> 4T % of the purchase price at the prevailing interest rate and loan costs based on Buyer's creditworthiness. Buyer <br /> 43 will keep Seller and Broker fully informed of the loan application status• and progress and authorizes the lender or <br /> 44 mortgage broker to disclose. all such Information to Seller and Broker. <br /> 4s• 0 (2) Seller Financing: Buyer will execute a 0 first 0 second purchase money note and mortgage to Seller in <br /> the <br /> 4e' amount of $ bearing annual interest at % and payable as folows: <br /> 47' <br /> 4e The mortg99"ote, and any security agreement will be In a form acceptable to Seller and will follow forms generally <br /> 49 accept the where the Property is located; will provide for a late payment fee and acceleration at the mortgagee's <br /> 50 Buyer Shcer ( + ' U ackna� receipt of a copy of this page, which Is Pagel of 7 Pages. <br />