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Commission Agreement~ Sandra Smith Lambert & Cindl Stenroos C Seller/Landlord' j agrees that Rick Baker Realty, LLC ("Broker") may show and will use diligent effort to (Check as applicable) 0 dell ❑ lease SelleealLandlord's Property located at 5816 26th Street, Vero Beach, Fl 32968 ("property") to Indlan Elver County, Florida rProspeor). in the event the Property is (Check as applicable) i@ sold, optioned, or contracted to be sold ❑ teased to Prospect, or any other prospect procured by Broker, on (date] orwithin 30 days (180 days If blank) thereafter, SellerALandlord agrees to pay Broker; ❑$ 0 --- 8,°A of the gross purchase price of the Property, ❑Yo of the gross lease value of a lease executed regarding the Property, ❑ other (specify) _ Rontract to be signed by Indian River Co, within 30 days Seiler/Landlord will pay Broker's fee In the event of sale, at time of closing the sale; or In the event of lease, at time of lease execution. Broker's fee Is due if Seller/Landlord defaults on an executed sales contract or lease with Prospect or if Seller/Landlord agrees with Prospect to cancel an executed sales contract or lease. In any litigation arising out of this agreement, the prevailing party will be entitled to recover from the non-prevalling party reasonable attorney's fees, costs, and expenses. If the Property Is commercial real estate as defined by Section 476.701, Florida Statutes, the following disclosure will apply; The Florida Commercial Real Estate Sales Commission Lien Act provides thatwhen a broker has earned a commission by perfarming licensed services under a brokerage agreement with you, the broker may claim a lien against your net sales proceeds for the broker's commission. The broker's lien rights under the act cannot be waived before the commission Is earned. If the Property is commercial real estate as defined by Section 476.801, Florida Statutes, the following disclosure will apply: The Florida Commercial Real F -state Leasing Commission Lien Act provides that when a broker has earned a commission by performing licensed services under a brokerage agreement with you, the broker may claim a lien against your Interest In the property for the broker's commission. The broker's lien rights under the aot cannot be waived before the commission Is earned, Additional Terms: In the event seller & buyer agree to cancel apy signed contract for sale of subject property, for any reason , therewill no real estate commission. This agreement pertains to the sale to rndl an River Co. only Authorized Broker or Associate CA -1 RBVSM4 sudom 046146S09161-9=09 2-23--103 � ate/& ^ 1 E, Date Date =014 FlWa RedIWO