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_ .. .. . . . ...... . -- . ..- . I I _. _. . 154 improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being 155 imposed on the Property before Closing. Buyer will pay all other assessments. If special assessments may 156 be paid in installments (CHECK ONE) : 15r 0 (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Ise Closing. Installments prepaid or due for the year of Closing shall be prorated. 7sir R (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing. 160 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED. 161 This Paragraph 9(f) shaft not apply to a special benefit tax lien imposed by a community development district 167 (CDD) pursuant to Chapter 190 F.S. which lien shall be treated as an ad valorem tax and prorated pursuant to 163 STANDARD K 165 10. DISCLOSURES: 166 (a) RADON GAS : Radon is a naturally occurring radioactive gas that, when it is accumulated in a building In 167 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that 168 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding t69 radon and radon testing may be obtained from your county health department. 17D (b) PERMITS DISCLOSURE: Except as may have been disclosed by Seller to Buyer in a written disclosure, 171 Seller does not know of any Improvements made to the Property which were made without required 172 permits or made pursuant to permits which have not been properly closed. 173 (c) MOLD: Mold is naturally occurring and may cause health risks or damage to property. If Buyer is concerned or 174 desires additional information regarding mold, Buyer should contact an appropriate professional. 175 (d) FLOOD ZONE; ELEVATION CERTIFICATIQN ,Buyer is advised to verify by elevation certificate which flood 176 zone the Property is in, whether flood insurance is required by Buyer's lender, and what restrictions apply to 177 improving the Property and rebuilding in the event of casualty. If Property is in a 'Special Flood Hazard Area" 178 or "Coastal High Hazard Area" and finished floor elevation is below minimum flood elevation, Buyer may 179 terminate this Contract by delivering written notice to Seller within 20 days after Effective Date, failing which 1130 Buyer accepts existing elevation of buildings and flood zone designation of Property. 161 (e) ENERGY BROCHURE : Buyer acknowledges receipt of Florida Energy-Efficiency Rating Information Brochure 162 required by Section 553.996, F.S_ les (t) LEAD-BASED PAINT: If Property includes pre-1978 residential housing, a lead-based paint rider is 184 mandatory. • 185 (g) HOMEOWNERS' ASSOCIATIOWCOMMUNIIY DISCLOSURE: BUYER SHOULD NOT EXECUTE THIS 1e6 CONTRACT UNTIL BUYER HAS RECEIVED AND READ THE HOMEOWNERS' 187 ASSOCIATION/COMMUNITY DISCLOSURE, IF APPLICABLE. 188 (h) PROPERTY TAX DISCLOSURE SUMMARY; BUYER SHOULD NOT RELY ON THE SELLER'S CURRENT 189 PROPERTY TAXES AS THE AMOUNT OF PROPERTY TAXES THAT THE BUYER MAY BE OBLIGATED iso . _ _ TO. ._PAY _THE._YEAR SUBSEQUE)VZ TQ.FA JRC SE.. A ..CNAMGE_QF. . .0NIV IERSHIP _OR_P� 1?ERTYma . 141 IMPROVEMENTS TRIGGERS REASSESSMENTS OF THE PROPERTY THAT COULD RESULT@IN HIGHER 192 PROPERTY TAXES. IF YOU HAVE ANY QUESTIONS CONCERNING VALUATION, CONTACT THE 193 COUNTY PROPERTY APPRAISER'S OFFICE FOR INFORMATION. 194 (i) TAX WITHHOLDING: If Seller is a "foreign person' as defined by the Foreign Investment in Real Property Tax 195 Act ("FIRPTA'), Buyer and Seller will comply with FIRPTA, which may require Seller to provide additional cash 196 at Closing. 197 llj SELLER DISCLOSURE: Seller knows of no facts materially affecting the value of the Real Property which are 198 not readily observable and which have not been disclosed to Buyer. . 100 PROPERTY MAINTENANCE, CONDITION, INSPECTIONS AND EXAMINATIONS zoo 11 . PROPERTY MAINTENANCE: Except for ordinary wear and tear and Casualty Loss, and those repairs, 201 replacements or treatments required to be made by this Contract, Seller shall maintain the Property, including, but 202 not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date ("Maintenance 203 Requiremenfl. 204 12. PROPERTY INSPECTION AND REPAIR: 205 (a) INSPECTION PERIOD: By the earlier of 15 days after Effective Date or 5 days prior to Closing Date los ("Inspection Period") , Buyer may, at Buyer's expense, conduct "General", "WDO", and "Permit" Inspections 207 described below. If Buyer fails to timely del"nrer to Seller a written notice or report required by (b) . (c), or (d) Zoe below, then , except for Seller's continuing Maintenance Requirement, Buyer shall have waived Seller's tog otAlgation(s) to repair, replace, treat or remedy the matters not inspected and timely reported. If this Contract 210 does not close , Buyer will repair all damage to Property resulting from Buyer's inspections, return Property to 211 its pre-inspection condition and provide Seller with paid receipts for all work done on Property upon its ZT2 completion. P Bur er% Initials S Y age 4 Seller's Initials 1=loridaRestlorslFrorideBar-1 Rev. 8/10 ® 2010 Florida Realtors® and The Floridao 1 1 ller' @ar. All rights reserved. _ 402