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<br /> s� STANDARDS F 11 1OR'REAL. ESTATE TRANSACTIONS "(CONTiNUEQ} A ,
<br /> d deliYIFFer written notice to kBuyer .,(wth " proof of ,NI INAcure acceptable to Buyer, and -Buyer's" , attomey) and "th%e
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<br /> AN sze clI Free ose this Contrail" on Closing Date : (ar (f Closing ,Date" °has pass�i; within 10" dalj%ys after Buyers"
<br /> n�ceipt of; Seller's"
<br /> iso notice) Ii, Seller is unable to sire defects within Cure
<br /> `P on Buyer may, witt In 5 day11 s after expiMi%ch of
<br /> Fee ss� Cure Period, deliver wfittan notkxt to Seller (a) extending Cure PeriNFN od for:"a specified period In I not to exeed
<br /> 120 daysez
<br /> In �111ss� " W" which 66 1
<br /> ell,Seller shall continue to useIlk ; reasonable diligent;effort 2to. remove or cure , the defects:. (`Extended Cure
<br /> Peri 101ll�1 or (b) electing to.accept title with=+sxistirrg defects 6 .and dosIlee this Contrail on1 . Closing Date (or if. Gtosing Oats
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<br /> Ilesea has ' passed. withiIn n the earlier of 10 days after end of I=xtende%ezd`Cure t�eriotl or . Buyet's: raecefpt of Salters notfca),
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<br /> c :elactin = to terminete: this Contrail :and receive` a refund of the Depoaft, therebI1 y releasing :Buyer and Seller from
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<br /> Bas ,ail further obligations under this; Contract ' If 'slier reasonable diligent effort; Seller is unable Wtkneiy cmre defects,
<br /> ssr ,- -and'= Buyer" +does not waive the defects, this °Contrail shalt thtminate, and Buyer shall receive a `refuru! of the DeleNe
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<br /> ass thereby releasMg BuyerSard Seller from" an furtFier obl(gations under thIFee (s Cor+ba+ct
<br /> sss B. 8tIRVEY " K : Survey, discloses encroachments on the • .Real Property%IF1F"I o. %1 ` that "imprnovements II5nflcated
<br /> thereon
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<br /> sac "encroach" on "setback " lines, easements, or lands of"others; " "or vidate any " resMctionsI1, , covenanss; " or-
<br />applicable
<br /> Fee
<br /> say govemmerttal regulations described In; STANDARD A (i)(a), (b)Yor (d) above, Buyer shall deliver written notice of such ,
<br /> Bas : mattere, together"ewith a copy " of. Surrey,, toII ,ANSeller w1tF►in f5 days aft er: .t3uyer's.;recefpt of SurveyIIF I
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<br /> sae Closing; of ,,Wyer`timely delvers such notice and .eSurveyto Seller,- sad% matters idened in .ahe notirs and : Survey
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<br /> Baa ,shall oonstttute " a title defect, subject to . cure obligations of ' STANDARD ANabove. H "' Seller has delivered a"
<br /> prior
<br /> 3" survey,, • Stiller shall; at 13 ale request, execute an affidavit of "no . change"• , to the Real
<br /> Property since the ; ,
<br /> say preparation of such prior surveyW the extent the afflrmations.therein areetrue and correct. .
<br /> say C '"1Nf#RESS AND .EGRESS4 Seller" resents that there is.ingress and ,egress to the Reap Property end title
<br /> 34theReal 'Property Is Insurable ln , accbidance with>STANDARD A;without exception for Is ck of fegaI right of access �•.
<br /> NOD = LEASE$ Seller shell;- within 5 days after Inspedlon Period, famish to Buyer copies of` all written leases and
<br /> 956 " estcppei: letters . frnm each tenant specifying nature and duration of tenant's occupancy, rental"', rates; °advanced runt
<br /> ssiandsecurity deposits :paid by, "tenant, and • income- - end expense tatements" for .preceding 11 ' months " ("tee"
<br /> 9 infonnalion7. If- Seiler Is unable to obtain,estoppel letters frome tenant(s), rthe~soma Information shall "be fumistted by
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<br /> ear ,Seller to Buyer within-<that time, period in ;the form of a tSeWsr affidavk-eand Sayer ymay thereafter contact arit(a
<br /> sari 'to "confirm such information. If "terms of tide- leases) differ materially from Seller's representations, " Buyer may delver"
<br /> 955 written - notice" to : Seller .within 5 :days after .receipt of Lease Information, but , no later than 5 .,days prior"
<br /> to ' Closing ;
<br /> sae Date," "terminating this Contrail and receive a . refund " of "the" Deposit, thereby releasing Buyer and•: Seller from
<br /> ;all
<br /> W further obligations under this `Contrail seller °shall," at Closing, dell or and assign all; original leases to Buyer
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<br /> sss shell assume Seller's obiigationthereunder I ,
<br /> sae E. <UENse ; Seller ; shall:, fumish to Buyer at Closings an affidavit reattesting, - (t) . to the absence of,
<br /> any financing
<br /> sE0' statement, -claims of Uenlor potential lienors known to Seller, and " (ti) tt�t'there have been no" Improvements}or. repairs
<br /> sal to the RealProperty for 90 days; immediately" preceding' Closing Date. 1f the Real Property has been Improved or
<br /> sae , repaired 'within: that time,.. Seller still deliver releases, or waivers =,of constrvctton lieM executed .bby all
<br /> egeneral
<br /> w3 "contractors, subcontractors, suppliers and " matsrislmen `in addition to `Sell ,,'s lien affidavit setting forth names of, all
<br /> Sea such general contractor ,- sutscontrecWrs, suppliers: and materiatmen, further attuning ;that all chs"rges for
<br /> sae improvements or repairs which could•°serve as a 'b1 for a construcion , t0n orva claim for demages Have been paid
<br /> ass or will be poid at Closing • , "
<br /> F :TIME:; Calendar days shall bwusedan computing time •periods ,Any time ' p - do" provided toren this' " Contract
<br /> sss which shall" end on a Saturday; Sunday, or a netkmal legal holiday (see 5 tJ :S C 8103) 'shall etcten`d
<br /> to 5:00 p m ti
<br /> Sas (where the Property is located) 'ot;the next business day " Time is of ah0 "ence' in thls Con#tact: " .
<br /> sto t3 ; FORCE MAJEURE . Buyer or Sellerashall ,not be, required ,to performF;. any . obligation, under this ` Contract`or be
<br /> .fir itabie o each other for- damages so long as performani or nori aerfoRnance .of the olsigation° s ; detayed,t csaased or
<br /> sri " prevented by: Force „Majeure. 'Force =Majeure': means: ° hurtk;anes, earttiquakea, floods, fire; "ads ” of. God, unusual
<br /> sus transportation delays, wars; insurrection`s, acts of terrorisrrr, Nand arty other "cause not ; reesonatily wi4hI ccntrot
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<br /> au. ;Buyer;or Seller, :and which; by exercise" of reasonable diligent effort, the " non-pertorml6g party-la unable'Ih whole or in
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<br /> spa part to. prevent or overcome AII'.time periods, including Closing Dates will be extendetl,for. the• Period that the ; Force
<br /> see; " Majeure prevents performance . under this Contrail, provided;, however, ,tf such, Force'V4jeure` cont1n0e6 .to prevent
<br /> m . pertonnance under ,this Contract more .athan 14 days beyond closings Date, then either " party may terminate
<br />this
<br /> spa Contrad" by delivering written notice. to file otherand the Deposit hall" be refunded toxBuyer tharetiy teleasing4BuYer
<br /> 379 " and Seller from sli,furttier obligadona undet'this. Contn&&- `
<br /> neo Ft. CONVEYANCE. ' Seller shall ,convey marketable "title" <to the Regi Propertyr by statutory warranty, ` trustee's,
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<br /> s, personal representattve's, or,:guardlan's deed, tie appropriate to the status of�Seiler, subject only to matters described
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<br /> aez in STANDARD A and ttiose;accepted by..�Buyer Pergonal Property shall, at ;request= o( .Buyer; be trensferred ;by '
<br /> sae absolute bill ofsale with, werranty;of tide; subjeil only to such 4mRMM as may be provided tonin this. Contreil.
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<br /> L -";CLOSING LOCATION; DOCUAAENT8, AND: PROCEDl1RE:" "
<br /> Sea (i) LOCATION Closing",will •take , place h the • ,,county ` where the Real Property , is located; at the ',: office
<br /> : of the
<br /> Sea attorney " cl ng , `agent %rClosing Agent") designated y the r party paying for the ; ;owner's policy of titre
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<br /> FlorideReallont/Fb; , r ASIS-1 Rev 8It0 `;Ppe T of 10 r Seller's' Initlata .
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<br /> 2oio Flddda Reellora® end The Florida 9er., A11 rigMa raseMCL
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