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20. Recording:Neither this Agreement nor any memorandum or other summary of this Agreement shall be <br /> placed on public record under any circumstances except with the prior written consent of Seller,which <br /> consent may be withheld or conditioned in Seller's sole,absolute,and subjective discretion. <br /> 21. Flood Zone:The federal and state governments have designated certain areas as"flood areas."This means <br /> that they are more likely to have floods than other areas.Buyer waives any right he or she may have to <br /> cancel this Agreement if the property is located in a flood area. <br /> 22. Sufficient Assets:Buyer represents that as of the signing of this Agreement,Buyer has all necessary cash <br /> assets to complete the transaction contemplated in this Agreement(together with the mortgage referred to <br /> in Paragraph 5(c)).Should Buyer not have sufficient cash assets at the time of Closing,Buyer will be in <br /> breach of the Agreement and Seller shall be entitled to any remedies as provided by law.Buyer further <br /> represents that the purchase of this Property is NOT contingent upon the sale of any other real estate or <br /> personal property. <br /> 23. Governing Law:This Agreement shall be construed and enforced in accordance with the laws of the State <br /> of Florida,and the exclusive venue for resolution of all disputes shall lie in the circuit court in and for the <br /> county where the Property is located. <br /> 24. Municipal Certificates:Prior to Closing,solely at Buyer's cost and expense,Buyer shall obtain any and <br /> all smoke detector,carbon monoxide detector,and fire extinguisher certificates,certificates of occupancy, <br /> and any other certificates that may be required for the Closing of this Property. <br /> 25. Notification of Radon Gas for Properties in Florida: In compliance with the requirements of Florida <br /> Statute 404.056(5)the following information on radon gas is provided to Buyer: <br /> Radon Gas:Radon gas is a naturally occurring radioactive gas that,when it has accumulated in a <br /> building in sufficient quantities,may present health risks to persons who are exposed to it over <br /> time.Levels of radon that exceed federal and state guidelines have been found in buildings in <br /> Florida.Additional information regarding radon and radon testing may be obtained from your <br /> county health department. <br /> 26, Mold. Mold is naturally occurring and may cause health risks or damage to property. If Buyer is <br /> concerned or desires additional information regarding mold,Buyer should contact an.appropriate <br /> professional. <br /> 27. Energy Brochure: Buyer acknowledges receipt of Florida Energy-Efficiency Rating <br /> Information Brochure required by Section 553.996,F.S. <br /> 28 Lead-Based Paint: If Property includes pre-1978 residential housing, a lead-based paint <br /> disclosure is mandatory. <br /> 29. HOMEOWNERS' ASSOCIATION/COMMUNITY DISCLOSURE: BUYER SHOULD <br /> NOT EXECUTE THIS AGREEMENT UNTIL BUYER HAS RECEIVED AND READ THE <br /> HOMEOWNERS' ASSOCIATION/COMMUNITY DISCLOSURE,IF APPLICABLE. <br /> 30. PROPERTY TAX DISCLOSURE SUMMARY: BUYER SHOULD NOT RELY ON THE <br /> SELLER'S CURRENT PROPERTY TAXES AS THE AMOUNT OF PROPERTY TAXES <br /> THAT THE BUYER MAY BE OBLIGATED TO PAY IN THE YEAR SUBSEQUENT <br /> Page 6of10 <br /> FL <br /> 4_ 5, 7) <br /> Confidential 4 <br />