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"AS 15" Residential Contract For Sale And Purchase
<br />THIS FORM HAS BEEN APPROVED BY THE FLORIDA REALTORS AND THE FLORIDA BAR
<br />BAKE
<br />1* PARTIES: William A. Hamilton, Keith A. Hamilton & Brenda Hamilton (Sister)
<br />2• and Indian River County ("Seller"),
<br />("Buyer"),
<br />3 agree that Seller shall sell and Buyer shall buy the following described Real Property and Personal Property
<br />4 (collectively "Property") pursuant to the terms and conditions of this AS IS Residential Contract For Sale And Purchase and
<br />5 any riders and addenda ("Contract"):
<br />6 1. PROPERTY DESCRIPTION:
<br />r (a) Street address, city, zip: 5940 26th St., Vero Beach, FL 32966
<br />s• (b) Property is located in: Indian River County, Florida. Real Property Tax ID No.: 32393200001016000004.0
<br />9• (c) Real Property: The legal description is Lengthy legal description, see attachment A
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<br />together with all existing improvements and fixtures, including built-in appliances, built-in furnishings and attached
<br />wall-to-wall carpeting and flooring ("Real Property") unless specifically excluded in Paragraph 1(e) or by other terms
<br />of this Contract.
<br />(d) Personal Property: Unless excluded in Paragraph 1(e) or by other terms of this Contract, the following items which
<br />are owned by Seller and existing on the Property as of the date of the initial offer are included in the purchase:
<br />range(s)/oven(s), refrigerator(s), dishwasher(s), disposal, ceiling fan(s), intercom, light fixture(s), drapery rods and
<br />draperies, blinds, window treatments, smoke detector(s), garage door opener(s), security gate and other access
<br />devices, and storm shutters/panels ("Personal Property").
<br />Other Personal Property items included in this purchase are:
<br />Personal Property is included in the Purchase Price, has no contributory value, and shall be left for the Buyer.
<br />(e) The following items are excluded from the purchase:
<br />25 PURCHASE PRICE AND CLOSING
<br />26• 2. PURCHASE PRICE (U.S. currency)' $ 105,000.00
<br />27• (a) Initial deposit to be held in escrow in the amount of (checks subject to COLLECTION) $ 1,000.00
<br />28 The initial deposit made payable and delivered to "Escrow Agent" named below
<br />29• (CHECK ONE): (i) p accompanies offer or (ii) ❑ is to be made within 5 (if left blank,
<br />30 then 3) days after Effective Date. IF NEITHER BOX IS CHECKED, THEN OPTION (ii)
<br />31 SHALL BE DEEMED SELECTED.
<br />32• Escrow Agent Information: Name: Atlantic Coastal Title
<br />33* Address: 801 20th PL, Vero Beach, FL 32960
<br />34• Phone: 772-569-4364 E-mail: Fax:
<br />35* (b) Additional deposit to be delivered to Escrow Agent within (if left blank, then 10)
<br />36' days after Effective Date $
<br />37 (All deposits paid or agreed to be paid, are collectively referred to as the "Deposit")
<br />38• (c) Financing: Express as a dollar amount or percentage ("Loan Amount") see Paragraph 8
<br />39* (d) Other: $
<br />40 (e) Balance to close (not including Buyer's closing costs, prepaids and prorations) by wire
<br />41• transfer or other COLLECTED funds $ 104,000.00
<br />42 NOTE: For the definition of "COLLECTION" or "COLLECTED" see STANDARD S.
<br />43 3. TIME FOR ACCEPTANCE OF OFFER AND COUNTER-OFFERS; EFFECTIVE DATE:
<br />44' (a) If not signed by Buyer and Seller, and an executed copy delivered to all parties on or before July 15, 2014
<br />45• this offer shall be deemed withdrawn and the Deposit, if any, shall be returned to
<br />46 Buyer. Unless otherwise stated, time for acceptance of any counter-offers shall be within 2 days after the day the
<br />47 counter-offer is delivered.
<br />48 (b) The effective date of this Contract shall be the date when the last one of the Buyer and Seller has signed or initialed
<br />49 and delivered this offer or final counter-offer ("Effective Date").
<br />50 4. CLOSING DATE: Unless modified by other provisions of this Contract, the closing of this transaction shall occur and
<br />51 the closing documents required to be furnished by each party pursuant to this Contract shall be delivered ("Closing") on
<br />52• August 29, 2014 ("Closing Date"), at the time established by the Closing Agent.
<br />53 5. EXTENSION OF CLOSING DATE:
<br />54 (a) If Closing funds from Buyer's lender(s) are not available at time of Closing due to Truth In Lending Act (TILA) notice
<br />ss requirements, Closing shall be extended for such period necessary to satisfy TILA notice requirements, not to
<br />56 exceed 7 days.
<br />Buyer's Initials Page 1 of 11 Seller's Initials
<br />FloridaRealtors/FloridaBar-ASIS-2 Rev.8/13 © 2013 Florida Realtors®and The Florida Bar. All rights reserved.
<br />S en al#: 079677-200140-5020955
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