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A TRUE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J . R . SMITH , CLERK <br /> Indian River County <br /> Neighborhood Stabilization Program <br /> Property Sales Addendum <br /> This Neighborhood Stabilization Program Addendum (Addendum) is to be made part of the <br /> Purchase Agreement (Agreement) dated March 2013 , between Indian River County . - (Seller) <br /> and Alyssa Pomanowiz_ (Buyer) , for the property located at: 798 Mulberry Street, Sebastian . <br /> Florida. 32958 (the Property) . <br /> The property is being sold as part of Indian River County ' s Neighborhood Stabilization Program <br /> (NSP) . Indian River County (the County) , utilizing NSP funding, is providing second mortgage <br /> assistance financing to assist Buyer with the purchase of this property . The second mortgage <br /> assistance to be provided to Buyer consists of the following two items : <br /> A. Closing Cost Assistance : <br /> Indian River County will provide Buyer with closing cost assistance in an amount not to exceed ten <br /> percent ( 10 % ) of the sales price of the property . This closing cost assistance may be used to pay <br /> Buyer' s recording fees , , intangible taxes, stamps on the note , mortgage title insurance , wood <br /> destroying organism inspections , appraisal fees , property survey fees , credit reports , lender' s <br /> document preparation fees , underwriting fees , closing attorney ' s settlement fees, Buyer' s courier <br /> fees, prepaid property taxes , prepaid homeowner' s insurance , prepaid flood insurance, and any <br /> other fees included on the HUD closing statement for the property agreeable to both Buyer and <br /> Seller . <br /> Be Gap Financing. Assistance : <br /> Indian River County will provide an amount equal to the difference between the sales price of the <br /> property, less buyer contribution , and the amount a mortgage lender approved by County , selected <br /> by Buyer, has committed to loan to Buyer for the purchase of the property through a thirty (30) <br /> year fixed rate conventional first mortgage utilizing the property being acquired as collateral . The <br /> amount of the Gap Financing Assistance may not exceed an amount equal to fifty percent (50 %) of <br /> the sales price of the property . <br /> Seller ' s Initials _ Buyer' s Initial * <br /> 1 <br />