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<br />Real Estate Purchase and Sale Contract
<br />aforesaid Auction Agreement. If for any reason other than failure of Seller to make Seller's title marketable after diligent effort,
<br />Seller fails, neglects or refuses to perform this Contract, the Buyer, as Buyer's sole and mutually exclusive remedies, may either
<br />seek specific performance or elect to receive the return of .Buyer's deposit(s). Buyer(s) hereby waives any action for damages
<br />resulting from Seller's breach.
<br />CONVEYANCE: Seller shall convey title to the Real Property by statutory warranty, trustee's, personal representative's or
<br />guardian's deed, as appropriate to the status of Seller unless this auction is pursuant to an order of the courts having jurisdiction in
<br />the transfer to the subject real estate, in which instance title shall be conveyed in accordance with such order.
<br />OTHER AGREEMENTS: This Contract specifically incorporates by reference all language in the Opening Announcements
<br />of the Auction, whether verbal or in writing, made at the auction of the Real Property and in any and all prior agreements made
<br />between Buyer and Seller's agent, Karlin Daniel & Associates, Inc., including, but not limited to, the Real Estate Auction
<br />Registration for Real Estate and Bid Acknowledgment. Notwithstanding the foregoing, any and each agreement executed prior to
<br />this Contract by Buyer and Karlin Daniel & Associates, Inc., shall not be deemed merged into this Contract, though the terms
<br />therein shall be deemed fully incorporated herein, but shall remain enforceable in their own right, individually and collectively.
<br />As between Buyer(s) and Seller, no other prior or present agreements or representations shall be binding upon Buyer or Seller
<br />unless included in this Contract. No modification to or change in this Contract shall be valid or binding upon the parties unless in
<br />writing and executed by the parties intended to be bound by it.
<br />TITLE MATTERS: The property is sold subject to any easements, restrictions, limitations, rights of way, planning and
<br />zoning regulations, and other matters of record not affecting the marketability of the Property. If the Seller's title is rendered
<br />unmarketable, through no fault of Buyer, Buyer shall, prior to the Closing Date, notify Seller in writing of the defect and Seller
<br />shall have 30 days from date of receipt of such notification to cure the defect. If Seller fails to timely cure the defect, all deposit(s)
<br />and closing funds shall, upon written demand by Buyer and within 5 days after demand, be returned to Buyer.
<br />RISK OF LOSS: The Seller shall deliver the subject real estate to the Buyer in the same condition as found date of auction. In
<br />the event the subject property is destroyed or significantly damaged by fire or other casualty, Seller or Buyer may cancel this
<br />transaction. Buyer shall receive a refund of deposit(s), thereby releasing Buyer and Seller from all further obligations under this
<br />Contract. Seller or Buyer may cancel this transaction upon providing written notice to the other party within seven business days
<br />Of the occurrence of the fire or other casualty or by the scheduled closing date, if earlier.
<br />CAPACITY: All parties signing this Purchase and Sale Contract in any representative capacity represent that they have the
<br />authority to sign on behalf of such party or entity.
<br />PROPERTY TAX DISCLOSURE SUMMARY: Buyer should not rely on the seller's current property taxes as the amount
<br />of property taxes that the buyer may be obligated to pay in the year subsequent to purchase. A change of ownership or property
<br />improvements triggers reassessments of the property that could result in higher property taxes. If you have any questions
<br />concerning valuation, contact the county property appraiser's office for information.
<br />INDEMNIFICATION: The Buyer and Seller, jointly and severally, and their respective agents, employees or any other
<br />parties acting on their behalves, specifically agree to INDEMNIFY AND HOLD HARMLESS Karlin Daniel & Associates, its
<br />officers, directors and employees, for any injuries or damages arising under or pursuant to this Purchase and Sale Contract.
<br />JURISDICTION AND VENUE: The undersigned(s) hereby agree that any suit, action or legal proceeding arising out of or
<br />relating to the auction shall be brought solely and exclusively in the courts of the State of Florida in and for Martin County,
<br />Florida, consent to the jurisdiction of such court in any suit, action or proceeding and waive any objection which they may have to
<br />the laying of venue of any such suit, action or proceeding in such courts. Further, the parties acknowledge and agree that this
<br />Purchase and Sale Contract shall be governed by, construed and enforced in accordance with the internal laws of the State of
<br />Florida without regard to principles of conflicts of laws.
<br />ATTORNEYS FEES: In the event any party is required to take any action to enforce the terms of this Contract, the prevailing
<br />party shall be entitled to recover all of its reasonable attorney's fees and costs. Reasonable attorney's fees shall include those fees
<br />incurred (a) before, during and after litigation, including those incurred in attempting collection without litigation, (b) in litigating
<br />in all trial and appellate levels, (c) in any bankruptcy proceeding and (d) in any post judgment proceeding.
<br />WAIVER OF RIGHT TO A JURY TRIAL: ALL PARTIES HERETO HEREBY WAIVE THEIR RIGHT TO A TRIAL
<br />BY JURY WITH RESPECT TO ANY LITIGATION ARISING IN CONNECTION WITH THIS CONTRACT.
<br />If the sale of the subject real estate is by auction, we hereby certify that we agree and acknowledge that it is subject to all
<br />restrictions and announcements made at the opening of the auction, whether verbal or in writing. We further certify that we have
<br />examined the property described hereinabove; that we are thoroughly acquainted with its conditions and accept it as such.
<br />Buyer(s) shall accept this real estate on an "AS IS" basis with no warranties expressed or implied All closing costs i.e. documentary stamps title
<br />Insurance and any other costs associated with the transfer of deed shall be at the expense of the buyer(s).
<br />BUYER AND SELLER ACKNOWLEDGE THAT THIS CONTRACT HAS BEEN READ AND UNDERSTOOD BY
<br />THEM PRIOR TO SIGNING 1T.
<br />(Seller) Bob Solal Indian
<br />(Buyer)
<br />(Date)
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<br />(Seller)
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<br />STATE OF FLORIDA
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