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1 - PARTIES AND DESCRIPTION OF PROPERTY 2' 1 . SALE AND PURCHASE: ROBERT DENTM , M AND TFANETnv M c". Tt:ttstees "Seller") and 3' and .. - ("Buyer") 4, agree to sell and bu e terms condltippns specified below the property roperty") described as : 5' Address: Street - 7 , 5tiacres 5' Legal Description: Parcpl In # 11n- 18- 21 -00001 0009 99911 . 5 r 5, 10' 11' 12' including all improvements and the following additional property: 13' 14• *the T-Zbg i*IrF M )77NTY N R tel-,; a T. Ust elated Septmibez - IzuuJ 15 ''' PRICE AND FINANCING �. 16ft 2. PURCHASE PRICE: $ \ ` payable by Buyer in U.S, funds as follows: 17' (a) $ L Deposit received (checks are subject to cleararcA on -b'j 1B' o . :. .: r. ("Escrow AgerR') 19 SR,f8t0/e NameO psny 20' Ndress of Escrow Agent) 21' (Phone # of Escrow Agent) . . 22' (b) $ Additional deposit to be delivered to Escrow Agent by , 23' or_days from Effective Date (1 D days if left blank). 24 (c) Total financing (see Paragraph 3 below) (express as a dollar amount or percentage) 0. (d) $5/*� Other. 26' (e) $ � �[T` Balance to close (not including Buyer's closing costs, prepaid items and prorations). Al funds 27 I _ paid at closing must be paid by locally drawn cashier's check, official check or wired funds. 25' ❑ (f) (complete only if purchase price , will be determined based on a per unit cost instead of a fixed price) The unit 29' used to determine the purchase price is ❑ lot ❑ acre ❑ square foot ❑ other (specify: ---- 37 prorating areas of less than a full unit. The purchase. price will be $ ---- per unit based on a calculation of 31 total area of the Property as certified to Buyer and Seller by a Fiodda-licensed surveyor in accordance with Paragraph 32' 8(c) of this Contract. The following rights of way and other areas will be excluded from the calculation: 33' - ..u��,,,tttrrr 34' 3. CASH/FINANCING: (Check as applicable) Buyer will pay cash for the Property with no financing contingency. W ❑ (b) This Contract is contingent on Buye qualifying and obtaining the commitment(s) or approval(s) specified below (the W "Financing' within days from Effective Date (lf left blank then Closing Date or 30 days from Effective Date, whichever 37' occurs first) (the "Rnancing Period'. Buyer will apply for Financing within — days from Effective Date (5 days if left blank) 39 and will timely provide any and all credit, employment, financial and other information required by the lender. If Buyer, after 39 using diligence and good faith, cannot obtain the Financing within the Financing Period, either party may cancel this Contract 40 and Buyer's deposit(s) will be returned after Escrow Agent receives proper authorization from all interested parties. 41 ' ❑ (1 ) New Financing: Buyer will secure a commitment for new third party financing for $ ---- or 42' _% of the purchase price at the prevailing interest rate and loan costs based on Buyer's creditworthiness. Buyer 43 will keep Seller and Broker fully informed .of the loan application status and progress and authorizes the lender or 44 mortgage broker to disclose. all such information to Seller and Broker. 45' ❑ (2) Seller Financing: Buyer will execute a ❑ first 0 second purchase money note and mortgage to Seller in the 45' amount of $ -------- bearing annual interest at _% and payable as follows: 47' as The mortgage, note, and any u illy agreement will be in a form acceptable to Seller and will follow farm 's generally 49 accepted in the county wl P pertly is boated; will provide for a late payment fee and acceleration at the mortgagee's 50' Buyer �) �� and Seller acknowledge receipt of a copy of this page, which is Page 1 of 7 Pages. ® Q VAC-9 Rev. 4/07 0 2007 Florida Asso ation of R�r All Rgh s Reserved r�