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40 <br />40 <br />C] <br />od <br />TH13 FORM HAS BEEN APPROVED BY THE <br />FLORIDA ASSOCtAT1ON OF REALTORS& AND THE FLORIDA BAR. <br />Contract for Sate and Purchase <br />FLOM dA ASSOCIATION OF REALTORS e[]Q i�� <br />AND THE FLORIDA BAR - <br />'1 PARTIES: Edxsrsi_,b_ Ti1111._ u� .7�1i�Clilia. bio x�L!_ ("Sellers}. <br />1779_7�St3�YSA1111 Vires Basch ! 0 1 r 32946-1354 <br />2 of (Plwrrej {9111 5G2-�6fi1, <br />'3 and _ _Iatliau kva>v Se+�t3G. a inti►1�1 1,.r�vl olein o 4F:kd+ _ {'8uyer'1. <br />4 of 1540 29th StYal �Ll� I fl 1Ar 32960 (Phone) <br />5 hereby agree that Seller shall sell and Buyer shall buy the following described real property and personal property (collectively <br />6 -property-)pursuant to the terms and conditions of this Contract for Sale and Purchase and any riders and addenda (Contract): <br />7 1. DESCRIPTIOW <br />'B (a) Leval description of the Real Property loca'ed in IIId Rixar County, Flonda. <br />9 see_tzas:al_Rlaar F i• i1z1t_ A• a .&Ash*.si._her ss�_mad ailt �.lxt _haYla . <br />10 th_A�YigIIL s?f tilIGFA] 041 A -i zojaiSl. K-_ 1 CL17P Ilesfggl,L�4 nC.ttiLa1139 .� S.r. <br />"11(b)Slreeladdress. city, Zip, ofthe PfopertyIs 14 til - .0018.r.11-- <br />112 (cl Personal Property: __TX_a%*_"1&nt0. 5754.401 1�41i lRli�aAt�at 41�1i4 ilc��rnC.R ill 4sd►G�4s3, <br />13 555.0_,00 (R14 t bed Sx9P4oe'-sJ •_TQ$al vLlti t�iCl. 3i.Li1.�4t�—Iyv_drivzwyy -- <br />14 �� s:Ltexta "t1h_ _t1f17�lIC7l t+SStitl:tY rlmaa!!.,_ <br />15 E. PURCHASE PFXE:............................................................................ ....... ..,_............ .... ......,.................. ..5 <br />3.422,00 <br />. <br />16 PAYfRMSE FATE: This Contract is subject t0 Indian Ritiw County filial app va <br />AEMT: <br />'17 (a)Deposit held in escrow by--- ___ (Escrow <br />115 Agent) in the amountof ....... ............... .s — <br />119 (b)Additional escrow deposit to be made to Escrow Agent within days after Effective Date (see <br />'20 Paragraph III) in the amount of._.. .................. . _. ,............ ........... .................... ........................, s <br />21 (c) Subjost to AND assumption of existing mart gage in good slandino in favor of <br />22 having an approximate pres ant pdncio batarxcaof........ <br />�_...s <br />'23 (d) New mertgage financing with a Lender (see Paragraph tV)In the amount of ..................... ___ ........_......s <br />'24 (e) Purchase money mortgage and note to Seller (see rider for terms) in the amount of._._............................Y <br />'25 (f ) atter 3 <br />26 (g) Balance to close by U.S. cash or LOCALLY DRAWN cashier's or official bank check(s). subject <br />'27 to adjustments or prorahons......................... ............. ............. s 1,1 42i.Ot1� <br />28 R TIME FOR ACCEPTAIWX OF OFFER; EFFECME DATE, FACSIMILE: 5 this offer is not executed by and delivered to all parties <br />'29 OR FACT OF EXECUTION communicated In venting oetween the parties on or before 15 _dtiY! —_ ,ilio doposnlsj <br />30 wdl, at Buyer's option, be returned and this offer withdrawn- For purposes of delivery ornohce of execution. parties include Buyer <br />31 and Seller or each of the respective brokers or attorneys. The date of Contract ("Effective Dale') will be the dale when the last <br />32 ore of the Buyer and Seller has signed this offer Afacsimile copy of this Contract and any signatures hereon shall be considered <br />33 for all purposes as an original. <br />34 IV. F110MCING: <br />'35 L (a) This is a cash transaction with no contingencies for financing; <br />'36 (bjThis Contract is conditioned on Buyer obtaining a written loan commitment within — days after Effective Date for <br />'37 (CHECK ONLY ONE): d a fixed; [Ian adjustable; or 0 a fixed or adjustable rate ban in the principal amount of <br />138 $ , at an initial interest rate not to exceed % , discount and ongirtation fees not to exceed % <br />'39 of principal amount, and for a tens of years. Buyer will make application withln _ days (5 days if left blank) after <br />40 Effective Date and use reasonable diligence to obtain a loan commitment and, thereafter, to satisfy terms and conditions of <br />41 the commitment and close the loan. Buyer shall pay all loan expenses. H Buyer faits to obtain a commitment or fails to waive <br />42 Buyer's rights under this subparagraph wrlrin the lime for obtaining a commitment or, after diligent effort, fails to meet the <br />43 terms and candMons of the comrnitmenl by the closing date, then either party lhoreailer, by wniter, notice to the other, may <br />44 Cancel this Contract and Buyer shall be refunded thedeposil(s); or <br />'45 (c) The existing mortgage, described in Paregraptl II(c) above, has: ❑ a variable interest Talo; or a fixed interest rate of <br />'46 _% per annum. Al time of title transfer. some fixed interest rates are subject to increase; if increased, the rate shall not <br />'47 exceed — % per annum. Seller shall fumish a statement from each mortgagee stating the principal balance, method of <br />46 payment, interest rate and status of mortgage or authorize Buyer or Closing Agent to obtain the same. M Buyer has agreed to <br />49 assrxne a mortgage which requires approval of Buyer by the mortgagee for assumption, then Buyer shall promptly obtain the <br />50 necessary application and diligently complete and return it to the mortgagee. Any mortgagee charge($), not to exceed <br />'51 $ (1°I of amount assumed if left blank), shall be paid by Buyer. N Buyer is not accepted by mortgagee or <br />52 the requirements for assumption are not in accordance with the terms of this Contract or mortgagee makes a charge in <br />53 excess of the stated amount, Seller or Buyer may rescind this Contract by written notice to the other party unless either <br />54 elects to pay the increase in interest rare of excess mortgage charges. <br />'55 V. TITLE EVIDENCIE:At least _ _ days before closing date, (CHECK ONLY ONF): �' Seller shall, at Seller's expense. deliver <br />'56 to Buyer or Buyer's atlomey; or X Buyer shall at Buyers expense obtain [✓Nf><fiti lcmj � abstract of title; or Xi title <br />51 insurance commilmeni (with legible copies of instruments listed as exceptions attached thereto) and, alter closing, an owner's <br />58 policy of title insurance. <br />169 VL CLOSING DATE: This transaction shall be closed and the closing documents delivered on __or b%fo,"_ AaYM_. <br />60 unless modified by other provisions t 's Contract. <br />� �!! from "Effective late" (See III <br />Buy" ( 1 I CJ and 50t. ( a knowf olse r•caipt of i COPY 0f till P•y0. <br />FARIBAR-5 Rai SMa niDERS CAN OF OBTAINED FROM SHE FLOR IDA ASSOC iAT ION OF RE ALTORSO On :HE FLORIDA BAR <br />This form ,s hcensad for use YMh Forw'r►ulaRar* Forms SoRmitre by ISG McAllister Publishing, Inc 90O.33e-1027 <br />