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288' (b) Buyer's Broker: None <br /> 289 (Company Name) <br /> (Licensee) <br /> 290' <br /> 291 (Address,Telephone,Fax,E-mail) <br /> 292* who 0 is a single agent❑ is a transaction broker❑ has no brokerage relationship and who will be compensated <br /> 293• by Seller's Broker CQ Seller EI 8uyer0 both parties pursuant to❑ an MLS offer of compensation CI other(specify) <br /> 294' <br /> 295 (collectively referred to as"Broker")in connection with any act relating to the Property, including but not limited to <br /> 296 inquiries, introductions, consultations,and negotiations resulting in this transaction. Seller and Buyer agree to <br /> 297 indemnify and hold Broker harmless from and against losses, damages, costs and expenses of any kind, including <br /> 298 reasonable attorneys' fees at all levels, and from liability to any person, arising from(1)compensation claimed which is <br /> 299 inconsistent with the representation in this Paragraph, (2)enforcement action to collect a brokerage fee pursuant to <br /> 300 Paragraph 10, (3)any duty accepted by Broker at the request of Seller or Buyer,which is beyond the scope of <br /> 301 services regulated by Chapter 475, Florida Statutes, as amended,or(4) recommendations of or services provided and <br /> 302 expenses incurred by any third party whom Broker refers, recommends, or retains for or on behalf of Seller or Buyer. <br /> 303 21. OPTIONAL CLAUSES: (Check if any of the following clauses are applicable and are attached as an addendum to <br /> 304 this Contract): <br /> 305" . 0 Arbitration 0 Seiler Warranty 0 Existing Mortgage <br /> 306• ❑ Section 1031 Exchange 0 Coastal Construction Control Line 0 Buyer's Attorney Approval <br /> 307- ❑ Property Inspection and Repair I Flood Area Hazard Zone 0 Seller's Attorney Approval <br /> 308- ❑ Seller Representations 0 Seller Financing 0 Other <br /> 309 22.ADDITIONAL TERMS: <br /> 310" The parties agree that Purchaser's attorney,Rebecca Emmons,shall act as Closing Agent. <br /> 311" <br /> 312 Closing shall occur within 30 calendar days after the•expiration of the Due Diligence Period. <br /> 313' <br /> 314. The time period set forth in Section 7(b)shall be 10"Business Days"from the later of(a) the Effective Date or <br /> 315• (b)receipt of all relevant documents and records from Seller. <br /> 316' <br /> 317 Purchaser agrees that there shall be a deed restriction on property limiting the primary use of the property to <br /> 318* recreational activities, youth related activities, or otherwise charitable activities. Nothing in the deed <br /> 319* restrictions shall limit or prohibit the construction of any legally permitted buildings or structures which are <br /> in furtherance of the permitted primary uses or the Purchaser's charitable purpose. <br /> 320" <br /> 321 THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD,SEEK THE <br /> 322 ADVICE OF AN ATTORNEY PRIOR TO SIGNING.BROKER ADVISES BUYER AND SELLER TO VERIFY ALL <br /> 323 FACTS AND REPRESENTATIONS THAT ARE IMPORTANT TO THEM AND TO CONSULT AN APPROPRIATE <br /> 324 PROFESSIONAL FOR LEGAL ADVICE(FOR EXAMPLE, INTERPRETING CONTRACTS, DETERMINING THE <br /> 325 EFFECT OF LAWS ON THE PROPERTY AND TRANSACTION,STATUS OF TITLE,FOREIGN INVESTOR <br /> 326 REPORTING REQUIREMENTS, ETC.)AND FOR TAX,PROPERTY CONDITION, ENVIRONMENTAL AND OTHER <br /> 327 ADVICE.BUYER ACKNOWLEDGES THAT BROKER DOES NOT OCCUPY THE PROPERTY AND THAT ALL <br /> 328 REPRESENTATIONS(ORAL,WRITTEN OR.OTHERWISE)BY BROKER ARE BASED ON SELLER <br /> 329 REPRESENTATIONS OR PUBLIC RECORDS UNLESS BROKER INDICATES PERSONAL VERIFICATION OF <br /> 330 THE REPRESENTATION. BUYER AGREES TO RELY SOLELY ON SELLER, PROFESSIONAL INSPECTORS <br /> 331 AND<GGVERNMENTAL AGE,I' CIES FOR VERIFICATION OF THE PROPERTY CONDITION, SQUARE FOOTAGE <br /> 332 AND FACTS THAT MATE,RI ,. LY AFFECT PROPERTY VALUE. <br /> ()A, <br /> 333• Buyer( )( )and Seller i, acknowledge receipt of a copy of this page,which is Page 7 of 8 Pages. <br /> til, <br /> CC-4 <br /> CC-4 Rev.12/10 0201.0 Florida Association of REALTORS° All Rights Reserved <br /> Licensed to Alta Star Software and ID:D-902260231.4W5H.120325 <br /> Software and added formatting©2017 Alta Star Software,all rights reserved.•www.altastar.com•(877)279-8898 <br />