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'. ,R "AS IS" Residential Contract For Sale And Purchase BAKER THIS FORM HAS BEEN APPROVED BY THE FLORIDA REALTORS AND THE FLORIDA BAR I M, 455' AM* 1. PARTIES: Sandra Smith Lambert & Cindi Stenroos ("Seller"). 2' and I.R. County, Florida . "Buyer"), 3 agree that Seller shall sell and Buyer shall buy the following described Real Property and Personal Property 4 (collectively "Property") pursuant to the terms and conditions of this AS IS Residential Contract For Sale And Purchase and any riders and addenda ("Contract"): 6 1. PROPERTY DESCRIPTION: 7- (a) Street address, city, zip: 5816 26th Street Vero Beach, F1 32966 r (b) Located in: Indian River County, Florida. Property Tax ID #: 32393200001000007.0 9. (c) Real Property: The legal description is _Long Legal see attachment 10 11 12 13 908-01861mik" 14 WN mill 12001F - is 91 16 whic Seller and existing on the Property as of the date of the initial j&WVM?rej in the 17 purchase: range(s) o:.: . rator(s),. dishwasher(s), disposal, c in ercom, light fixture(s), or op is drapery rods and draperies, blinds, w ts, s s I garage door opener(s), security gate 'i s s tt ro e4,,g 19 and other access devices, and storm shu e oaaLLroperty'). i is purchase 20. Other Personal Prope i in, this purchase are: 21 22 23* (e) The following items are excluded from the purchase: 24 25 PURCHASE PRICE AND CLOSING 26- 2. PURCHASE PRICE (U.S. currency): ................. . ............. .............................................................. $ 200, 000. 00 27* (a) Initial deposit to be held in escrow in the amount of (checks subject to COLLECTION) ....... $ N/A 28 The initial deposit made payable and delivered to "Escrow Agent' named below 29* (CHECK ONE): (i) [] accompanies offer or (0) n Is to be made within _ (if left 30 blank, then 3) days after Effective Date. IF NEITHER BOX IS CHECKED, THEN 31 OPTION (ii) SHALL BE DEEMED SELECTED. 32* Escrow Agent information: Name: Atlantic Coastal Land 'Title Co. 33* Address: 955 21st Sit, Vero each, Fl, 32960 34* Phone: 772-569-4364 E-mail: lbealgatlanticcoastal.com Fax: 772-569-8688 35* (b) Additional deposit to be delivered to Escrow Agent within _ (if left blank, then 10) 36, days after Effective Date ........................................................................................................... $ N/A 37 (All deposits paid or agreed to be paid, are, collectively referred to as the "Deposit") 38' (c) Financing: Express as a dollar amount or percentage ("Loan Amount") see Paragraph 8 ......... N/A 39* (d) Other. ................ N/A 40 (e) Balance to close (not including Buyer's closing costs, prepaids and prorations) by wire V41' transfer or other COLLECTED funds ...................................................................................... $ 200, 0 ,0 0.0 0 4 NOTE: For the definition of "COLLECTION" or "COLLECTED" see STANDARD S. 4 3. TIME FOR ACCEPTANCE OF OFFER AND COUNTER-OFFERS; EFFECTIVE DATE: 441) 3 (a) If 4iot signed by Buyer and Seller, and -an executed copy delivered to all parties on or before 45'. L_ -3- e 2018 1 this offer shall be deemed withdrawn and the Deposit, if any, shall be returned to 46 fi Buyer. Unless otherwise stated, time for acceptance of any counter-offers shall be within 2 days after the day 47 the counter-offer is delivered, 48 (b) The effective date of this Contract shall be the. date when the last one of the Buyer and Seller has signed or 49 initialed and delivered this offer or final counter-offer (Effective Date'). 6o - 4. CLOSING DATE: Unless modified by other provisions of this Contract., the closing of this transaction shall occur 61 and the closing documents required to be furnished by each party pursuant to this Contract shall be delivered 62- ("Closing") on April 25,2,018 _ C'Closing Date"), at the time established by the Closing Agent. Buyer's initials Page I of 112 Seller's Initials FlofidaRealtors/Flo(idaBar-ASIS-5 Rev.4/17.0 2017 Florida Realtorse and The Florida Bar. All rights reserved. SedaW, 030656-20010-9=854