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` CONTRACT FOR GALIZ AND PURCMASQ "6ofij8: NANCY T. MOON rseter•), of (Phcre 1, and COUNTY OF INDIAN RIMER df (phone ►. thereby agree tal the Seter shall set end Buyer, often by the lolbwkg real Property ('Real RonertyI aro personal properly ('p'ersoro ') (collectively "Pronertv"I upon the toliowin! terms and conditions which INCLUDE the Standards for Real Estate Trareadiorus printed an the reverse or attached (-Standardlsl-) and any addendiuo to this natrument. L DESCRtPT10N (a) Legal description of Real Property located in 1 nC 3 ti n :c! v G l County. Florida: tncs J . g . r try & I- niers-x 1/0 Q T THAT. TOWN Now CTTV OP T IWI REACH, ar-myd4q;to thcv slat thereof, as recorded In Plat Book 2 at Pae 12 of the Public Records of St. IAl ie ug in Indian River County, Florida. ALL IMPROVEMENTS SHALL BE ACCEPTED IN "AS TS" (b) Strad address, city, rip, of the Property is: rQNn TT T ON .:'. .. (c) Fixaaraay - IL PURCHASEPRIGE ............................. 325 000.00 PAYMENT. (a) Oepoeitta)tobeheldineaerowby. Samuel A_ Rlnnj(y Trvsci- Ar•r-nnnt in the amount of S 10,000.00 (b) Subject to AND assumption of mortgage In good standing In favor of having an approximate present principal balance of S (d) Purdaee nbrey mortgage anted rnortpape rota bearingi annel hrtened at —% an terms ed larm harem. namoum of .......... S (d) Ogen: S Is) Balerues to doss (U.S. cash. LOCALLY 0t1AVYN d:etUleO or cesNda dhadnl, eructed to adjuetrrenfs and Proration ....................... S 315,000.00 ........:,:: CL TIME FOR ACCEPTANCES BFFECf111E DATE 8 Un otter is not executed tip and delivered to all partes OR FACT OF EXECUTION mmnrYrated in wrong between the pares an or June 1. 1988 , the deposin(s) will. at Buyer's option. be returned to Buyer and the after withdraw The. data of this Contact t -Effective Date') will be the data when the Iasi one of the Buyer and the Seller has signed this after. obtaining a wttteo aommil era lar the ben within days from Ellect ve Dale, at an intimal Merest rale tat to exceed %: term of y — and n Sts prndp 1 anreurt of S . Buyer will make application within drys trom Effective Date, and mere rens nhce b dean the ban can mtert and. thereafter. to meet file fenle and conditions d the c mnilnne a and to close file ban. Buyer shat pay al bane r faits to obtain to ban con ma ent err. promptly mctfin Seller n w�rsirg, a atter tiiBgent effort fait to meet the loran and tondikoe d to to wave Buyer's rights under Bas subparagraph wdttin the to staled for obtekvg Be commitment, than wiser party may sa cal the Contract and Buys aha the deposllsl. (b) The axetg Mortgage described in Paragraph a(blabae has( 12)t f 1) ❑ a veriabte merest rete OR (21 ❑ a bed ksemst rated % per amer. At Bads of title transfer some fixed interest rates are sublec . II increased. the rate shall not exceed % per annum. Sellar shall• within days from Effectke Date. furnish a stalemate slating Principal balarees, maned of Payment Interest rate and stats of motgapea. 0 Buyer has agreed to erose a mortgage Mitch mquims a the mortgages for assumption, then Buyer shall promptly obtain ad mgimed appratoe and wa diligently complete aro rerun the, to to mortgagee. charge(s) not to exceed S aW ba paid by Ill not filled In, equally divided) If the Buyer is not accepts by requnmenwerhh for assumption are not In accordance with tre ferns at the Contract or mortgagee makes a charge in excess of the stated anrourt. Sellar c V. YTTLE EVIDENCE: At ium days before do"wV date. Seter shag. at Seller's expense. deliver to Buyer at Buyer's attorney. in accordance with Standard A. (Check 1 ` or 12)t 11) ❑ aDatracl d title OR (2)® tis ineurimce co mtrpea. 10 / 3 / 8 8 VL CLOSING DATE: This tram labon shag be dosed ant the dead and Over GosYg Isepems deiwed an . unit. M oth edaded er pr.,M os d COrarar VI RESTRICTIONS; EASEMENTS; LBITATSONS: BuyerMiill take loots sabied b rorty, restridioro, IxMbifiom and other requiremanb noosed by governmental atatentY. restrict or and man ers appearing on Ire plat or otherwise commin•to the sutdmsan; public Way easements at record faxes fo year d closuq and suusseque. _:.,.. years: aamanned nertgapea end phrchese moray == ,;:r any: otter: provided, the tars Beets at dDsk n ro vciation d Be fweM g and none d dmn prevente used Roel Ii p" fw COMMerCial r rgmc_ VIS. OCCUPANCY: Seem, warrents that them am no parties in occupancy other Man Seta. but N Property is intended to be rented or occuge0 beyond dosing, the fact are ten thered shell be stated heron and the tamm(a) Or occupants dedosed puw+ad to Standard F. Seca agrees to deaver occupancy of Property at ire of closing urians dhow- _ elected bonen. N Ompany a to be delivered below dosing. Buyer assures at risk d loss to Property ham date of occupancy. 00 be respamho and liable for maintenance tic -- --.-� that date. and shad be deemed to have soaped Paapmty in reek existing condition as of Imre at cal ng occupancy unless otferwas stated herein or in a separate wiling, g, DL TYPEVMFfTEN OR HANDWRITTEN PROVISION& Typewritten or handwritten provisions shay control at Armed provisions at Contract in conflict with tem _ X. INSULATION RIDER: N Contract a uta¢ed for the sale of anew residence. the Imtation Rider or equivalent maybe anwAw - XL COASTAL CONSTRUCTION CONTROL UNE (-CCCL•)-RIDER: 8 Contract is utt¢ed for the sale of Property effected by the CCCL. Chapter IBI, FS. (t9881. as amends " stall appy and five CCCL Rider or equivalent may be atOii 'to this C asst. - - - XI. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT (-FIRPTA-1 RIDE1b The parties shat conmPly won No provision of FIRMA and apoice reptatiom wtxdh m require Seller to provide atldd onal cash at closing to meet wiBtwWug reorwernahffi, and the FIRPTA Rider or equivalent may be attached to me Contract XII. ASSIGNASMI TY: (CHECK (1) or (2)1: Buyer (1) ® may asangrh OR 121 ❑ may rim assgn Contract. . XIV. SPECIAL CLAUSES: (CHECK (1) or (2)): Addendum (1)® is attached OR 1210 Is not appicablw. THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD, SEEK THE ADVICE OF AN ATTORNEY PRIOR TO SIGNING. THIS FORM HAS BEEN APPROVED BY THE FLORIDA ASSOCIATION OF REALIORS AND UIE FLORIDA BAR Approval does not constibde an bpvoah flat any of Be tams and conditions in On Contract should be seeeptad by the parties n a porta" transaction. Tema and conditions should be negotiated based upon to respective in' . ottedirms and aargarwag posroons of at r Nisei rid parsons COPYRIGHT 1988 BY THE FLORIDA BAR AND THE FLORIDA ASSOCIATION OF REALTORS, WC. CONY OF I IAN R R ,... - Dale •r -C s = 3; -' ' a ancy T. ogcagn.I 9-617 -, Eq.lou ommiss>on ai Stowseariyor Tax La1, 194-28-2481 Don C. Scurlock, J Sooat Scarily or Tics III • . - Date (Buyer) ( I r! • IAAR ADC'2'.^0 Social Security SeaaNy or Tax I.D. • Social Seamy or Tax LD. r LegalI 23 Oapoau(s) under Paragraph II recahed: IF OTHER THAN CASH. THEN SUBJECT TO CLEARANCE. �S_scow Ag BROKER'S FEE:ICHECK 6 COMPLETE THE ONE APPLICABLE) ST. u ,e 2-4 •' Dep'L OR ❑ IF HO LMINO AGREEMENT IS CURRENTLY IN EFFECT: '$eYa hell pay the & kor named below. at Ire cbwg. from the dndu ere is d Its proceeds of the sale, conpensalonn int of ICOMPLETE ONLY Of % d gross purchase once ORS . for Broker's services n dtectinhg the sale by lxdvg the Beyer�r and able to purchase pursuant to to lareg Contract. B Buyer las to perform and deposals) is retained. 50% thereof. but not exceeding the Bmker'11aaa�wded. ones be paid Broker, as Wer consrleratm for Brok. services including costs expended by Broker. and the balance shat be paid to Seta 0 l�xaeerT rh shelf not dose because d refusal o laium d Seler to perform. Seller s pay tet IW lee to Broker on tlerterd. n and litigation arising our d the Cwt rreg the Broker's fee. the prevailing party des recover reasonable attorney lues and co rARynAR OrM-Pfi, v t/n"h (nacre of cooperating _ EXHIBIT "A" — RIDERS CCJI CE OBTAINED FROM THE FLORIDA ASSOCIATION OF REALTORS OR THE FLORIDA BAR. SAID CONTRACT IS ON FILE IN THE OFFICE OF CLERK TO THE BOARD IN ITS ENTIRETY. 36 BOOK 7� -,Au 44 MAY � 119$