|
- : _ .. .__-___
<br />CONTRACT FOR SALE AND PURCHASE
<br />FLORIDA ASSOCIATIONOF REALTORS AND THIi FLORIDA RAR
<br />PARTIES:---->asadahaK..891dintls. .Inc...
<br />of IZ.4.�4x �Qfl0�3fiso_._IIfaCh.._ILosida.._.32964.------........__.. ... (Phone) _(5511-231-.021() .
<br />and __.38di8{1_BLYIs_C4tlnt�7i'....�-maliiical._uandiVi/ion-of -the -8tat*
<br />--o!_llozi
<br />of �fl50 25�_gSztbt. Vazo alaoh.-ilosidi_ _32954 ------ (.Phone) ._(11_L5.0.44_•
<br />hereby a reethat Sella shall sell and Buyer shall buythe followingReal Property and personal Property (oollertively "Property") upon the fallowingte r nand
<br />condnion4 whidn INCLUDE Standards for Real EsWeTransadions ("Standard(s)") on the reverse side or attached hereto and riders and addenda to this
<br />Contrad for Sale and Pura) am("Contrad").
<br />DESCRIPTION:
<br />(n) Lepl desaiption ofReal PmpatylooKed in indlan Riwr County, Florida: g*&_L4QRj,--DA&QZ,ZJp,_ .
<br />tiot►�_Bxlsibit ^A^ attaohad harato and Isada &_V&ttL hersof. (b) Streateddress, city, zip, ofthe Propedyis: 75th 1►wnua. sitlht-_t:�x�Ya CQunt�p-crass NO• 9803
<br />(c)PersomalPropaty. None.>itlt-6 and A-1 sQnit"arcelp aontlSDiDy 28.173 aauara fast )� 0� .
<br />PLEs$Tt NOTi3 • TBIS CONTRACT IS 81f14JECT TO YNDYl1ti 1u1�R COVNT7f FINI►L I(>+�PROVAI, _
<br />U. PURCIL4SEPRICE...................................................................................................................................................... S-2fl.173,44
<br />PAYMENT:
<br />(a) Deposit held in escrow by — — -- in the amount of ........................ S 0 _
<br />(b) Additional escrow deposit within days after Effective Date (as defined in Paragraph 111) in the amount of .............. $_---Q__
<br />(c) Subject to AND assumption of mongsge in good standmgin favor of
<br />havingan approximate present principal belanceof ....................... S_ 0
<br />(d) Purchase money mortgage and note (see addendum) in the amount of .............................................................................. S_ 0 _
<br />(e)Other: _ S ----0 ---
<br />(f) Balance to dose by U.S. cash, LOCALLY DRAWNartified or cashier's dhedcor thirdpaAy loan, subject to adjustments
<br />andprorations..................................................................................................................................................................... S 28 • l7_l._4_4--_
<br />DI. TIME FOR ACCEPTANCE OF OFFER; EFFECTIVE DATE, FACSINJILE. Ifthis offer isnot executed by and delivered to all parties OR FACT OF
<br />EXECUTION communicated in writingbe(ween the parties on or before 15 lova -__ . the deposit(s)vvill, at Buyer's option, berdumed to Buy-
<br />er and this offer withdrawn. The date of Contrad("EffactiveDate")willbethedatewhenthelagoneoftheBuyer and Seller has signed this offer. A facsimile
<br />copy ofthis Conrad and anysighatures hereon shall be considered for all pu poses as originals.
<br />IV. FINANCING:
<br />(a) Ifthe purchase price or any pan ofit isto be fin anced by a Lhird-party loan, this Contract ip conditioned on Buyer obtain ingaATitlen cummilmentwithin
<br />days after Effective Date for (CHECK ONLY ONE): ❑ a fixed; ❑ an adjustable; or ❑ a fixed or adjustable rate loan for the principal
<br />amountofS ,at an initial interest rate not to exceed_ %, discount and origin alion fees not to exceed
<br />% of the principal amount, and a term of years. Buyer will make application within days after Effective Date and use
<br />reasonable diligence to obtain theloan commitment and,thereafta.to satisfy the term and conditionsofthecommitment and dose the loan. Buyer shall
<br />pay all loan expenses. If Buyer failstoobtaunthecommihnentorfailstowaive Buyer's rights under this subparagraphwilhinthe timeforobtabnbnga
<br />commitment or, after diligent effort, fails to nwet the terms and conditionsofthe commiune t,then eitherparty thereafter, by written notice to the
<br />other, may cancel thisContrad and Buyer shallbe refunded thedeposit(s); or
<br />(b) The ex stuig mortgage described in Paragraph 11(c) above has (CHECK ONLY ONE.): ❑ a variable interest rate; or ❑ a fixed interest rate of
<br />% per annum At time oftitle transfer somefixed interest rates are subjectto increase. Ifineeased, the rate shall not exceed %per annum
<br />SellerdhaR,widhin days afterMciveDate,turnishastatementfiomeachmortippestatingprincipalbalance,methodofpayment,¢nerest rate
<br />and status of mortgage. If Buyer It as agreed to assurne a mortgage -Ahich requires approval of Buyer bythe mortgigee for assumption, then Buyer shall
<br />prornptlyobtauhthe necessary application and diligently complete and return itto the mortgagee.
<br />Any mortgagee dharge(s) not to exceed S shall be paid by Buyer. IfBuyer isnot accepted by mortgagee or the requirements for
<br />assumption are not in accordance with the terms ofth is Contract or mortgagee makes a ch argc in excess ofthe stated amount, Seller or Buyer mayresmhd
<br />this Contract bywritten notice to the other partyun less either elects to paythe increaseininterest rate orexcess mortgagee charges.
<br />V. TITLE EVIDENCE -At least days beforedosingdate,butnoearlier than days after Seller receives written notification that Buyer
<br />has obtained the loan commitment or been approved for the loan assumption as provided in Paragraphs IV(a) and (b), above, or, ifapplicable, wahed the finan-
<br />cing requirements, (CHECK ONLY ONE): Seller shall, at Seller's expense, deliverto Buyer or Buyer's attorney, or)( Buyer shall at Buyer's expense obtain,
<br />in awordanee with Standard A, /Mt) )W/Ffy6)R): j< abstrad ofthle; or X title insurance commitment (with legible copies of indmntents listed as
<br />exceptions) and, after dosing an owner's policy oftitle insurance.
<br />VL CLOSING DAMThistransaction shall be dosed and the deed and other dosingpapers delivered on or before 60 cava_ , unless modified
<br />byotherprovisionsefthis Contract. frau "Effective DBti@" (See III)
<br />VH. RESTRICTIONS; EASEMENTS; 1,11WATIONS: Buyer shall taketdlesubjedto: comprehensive landuse plans, zoning restridions, prohibitions
<br />and other requirements imposed by governmental authority, restrictions and matters appearingon theptat or otherwise commontothe subdivision; public
<br />utility easements of record (easements are to be located contiguousto Real Property lines and notmore than 10 feel in width astotherear or front lines and
<br />7 1/2 fed in width as to the side lines, unless o1hemise stated herein);taxes for year of dosing and subsequent years; assumed mortgages and purchase money
<br />mortgoges, if any, (ifothermatlers, ace Paragraph XV); provided, thatthere exists at dosingno violation ofthe foregoing and none ofthempreventsUse ofthe
<br />Property for---_swd richt-Ql:_gay_---- ----- -- purpose(s).
<br />VIILOMJPANLY: Seller warrants that there are no parties inoccupancy other than Seller; but, ifPropertyis intended toberented oroaupiedbeyond
<br />dosing, the fad and terms thereof shall be statedherein and thetenant(s)or oompants disclosed pursr-11—
<br />Property at time ofelosingunless otherwise slated herein. If oocupancy is to be delivered before dosing
<br />occupancy, shall be responsible and liable for maintenance from that date, and shall be deemed to have
<br />takingoccupanryunless otherwise stated herein.
<br />�InJh,a, Riv,•rl�nunty A(�nv,�d l)atc
<br />DL TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Typewritten or handwritten provisions, ric
<br />ofthis Contrad m conoid with (hem
<br />X. RIDERS: (CHECK these riders which are applicable AND are attached to this Contract):
<br />(a) ❑ COASTAL CONSTRUCTION CONTROL LINE (e) ❑ INSULATION
<br />(b) ❑ CONDOMINIUM (f) ❑ "ASIS„
<br />(c) E FOREIONINVESTMENT INREAL PROPE..RTYTAX ACT (g) ❑ HOMEOWNERS'
<br />(d) ❑ VA/FHA (h) [] RESIDEhrrmt.
<br />FAR/BARA Revised 12/93 (C) 1994, Florida Association oflteshort(R) P.O. Box725025 Orlando, Flo
<br />Thisforthislicensed for use byISO•Mc llisterPublishing303.546,6355
<br />
|