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2007-297
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2007-297
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300 ESCROW AGENT AND BROKER . <br /> sol 15 . ESCROW AGENT: Buyer and Seller authorize Escrow Agent to receive, deposit and hold funds and other items in <br /> 332 escrow and, subject to clearance, disburse them upon proper authorization and in accordance with Florida law and the terms <br /> 303 of this Contract, including disbursing brokerage fees. The parties agree that Escrow Agent will not be liable to any person for <br /> 304 misdelivery of escrowed items to Buyer or Seller, unless the misdelivery is due to Escrow Agent's willful breach of this <br /> 3w Contract or gross negligence. If Escrow Agent interpleads the subject matter of the escrow, Escrow Agent will pay the1 <br /> 306 filing fees and costs from the deposit and will recover reasonable attorneys' fees and costs to be paid from the iU /f <br /> 307 escrowed funds or equivalent and charged and awarded as court costs in favor of the prevailin pa ty . II cla <br /> ll <br /> 30B against Escrow Agent will be _ r <br /> 309 <br /> 310 the a important to them and to consult an appropriate professional for legal advice (for example , interpreting contr <br /> 311 date rrrn ' the effect of laws on the Property and transaction, status of title, foreign investor reporting requirem , the <br /> 312 effect of p rtY lying partially or totally seaward of the Coastal Construction Control Line, etc.) and for , property <br /> 313 condition, enviro ental and other specialized advice. Buyer acknowledges that Broker does not re the Property <br /> 314 and that all repress ions (oral, written or otherwise) by Broker are based on Seller representati cr public records . <br /> 315 Buyer agrees to rely so on Seller, professional inspectors and governmental agencies for kation of the Property <br /> 316 condition and facts that ma 'ally affect Property value. Buyer and Seller respectively ' pay all costs and expenses, <br /> 317 including reasonable attorneys' fe at all levels, incuned by Broker g d Broker's office , directors, agents and employees <br /> 318 in connection with or arising from B is or Seller's misstatement or failure to rform contractual obligations. Buyer <br /> 319 and Seller hold harmless and release B r and Broker's officers, director gents and employees from all liability for <br /> 320 loss or damage based on (1 ) Buyer's or Be s misstatement or failu perform contractual obligations; (2) Broker's <br /> 321 performance, at Buyer's and/dr Seller's reque f any task beyo he scope of services regulated by Chapter 475, <br /> 322 F. S . , as amended , including Broker's referral, reco endati or retention of any vendor; (3) products or services <br /> 4323 provided by any vendor; and (4) expenses incurred by a ndor. Buyer and Seller each assume full responsibility for <br /> 324 selecting and compensating their respective vendors. s p raph will not relieve Broker of statutory obligations. For <br /> 3m pt4rposes of this paragraph, Broker will be treated party to this ntract. This paragraph will survive closing. <br /> 326 1-7�BROKERS: The licensee(s) and brokera named below are collecti referred to as "Broker." Instruction to Closing <br /> 327 Agent: Seller and Buyer direct closin ant to disburse at closing the full unt of the brokerage fees as specified in <br /> 328 separate brokerage agreements wi a parties and cooperative agn ements be an the brokers, except to the extent <br /> 329 Broker has retained such fees f the escrowed funds. In the absence of such brok e agreements, closing agent will <br /> 33o disburse brokerage fees indicated below. This paragraph will not be used to mo any MLS or other offer of <br /> 331 compensation made b eller or listing broker to cooperating brokers. <br /> 332' <br /> 333' Selling Sales sociateilJoense No. selling Firm/Brokerage Fee: ($ or % of Purchase Price) <br /> 334• <br /> 335' Llshng es soca ense o. _---" [i'sting"Film/Brokerage fee:- or % of Purchase Price) <br /> 336 ADDITIONAL TERMS <br /> 33r 18. ADDITIONAL TERMS:338* <br /> 339' c`r""—"' — s t <br /> `- / <br /> 340* <br /> 341• OL <br /> r463436 <br /> / �•� Ki <br /> 344' - � - Gw. �rrt.,►.-P,� ��, �/,z �, c.�,--�' -�v�'0-�.(J,�- ' <br /> 3443 -K-v+nU� �'! � " ` •d�.,v . <br /> r <br /> m <br /> Sar <br /> 348- <br /> 34W <br /> 35 <br /> 351' <br /> 352' <br /> 353' <br /> 354' <br /> 355 <br /> 356' <br /> 35r / <br /> ase' Buyer _� and Selle ( acknowledge receipt of a copy of this page, which is Page 6 of 7 Pages, <br /> VAC-9 Rev. 4/07 0 2007 Florida anon of RP TORS° Al Rights Reserved <br /> b <br />
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