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C7 <br />E-1 <br />40 <br />119 , . STANDARDS FOR MOL ESTATE TPANSACTKNI'3 <br />' 120A. 11 YIDENCE Of TITLE.11) An abstract of title Pre permit a brought current Mfr a repvtabre and exlsti" saalract firm {N nal existing in" <br />121 cd.Siflecr as carred by an *Killing firm) purporlina 1a be an eccurats 61il of the Instrumento afffcUrgl lilts Is the teat properly recorded 1. <br />122 the public records of the County wherein the real property rf localed lhroullh Elfsctivir Data. It shall Commence with the sanar lscoolie records. <br />123 or such lalsr dale as may be customary In the courtly Upon CtRfing Of this COMeaCI, the abalra Ct shall bedaaO Ibis properly of Buyer, subject to <br />124 the right of rflartim. thereof by first nuarfgageg Until fully pard 12) tititl■ lmurance co16R1i1nanR Issued by a Flcnda licensed 1.110 Insurer <br />125 agreeing i0 Ictus Buyet, upon retarding of the died to burst. an pRrarf policy of litfe Insurance in the @moleni el the pYrchaee Price, mneuring <br />129Bu era title to Ila mea! properly, subtscl only to Iran&, encihipho nCss. exceptions or qualifications prona0e m this Coetwct and those to b. <br />127 digharged by 5e11or a, of before closing Seiler enol! canny marserable 14116 subject only la liens, encumbrances. oxcepf,0ns at quel dlc al•dns <br />128 pfornded in .h„ r3nlract Ma,k*lawe mita shall be dalerril acc3r"1ng 10 applicable Tilt@ Standards adopted by aulhoftly o1 The Florida Sar <br />124 and .n ac:o•da,cx wren qw 9uyer shall have 5 days from date of rec eiwnq fr+dancr of iltlg IO e.41m+ne rf It Irtig ra round :%fools.. Buyer <br />130 shin'. .d n,n r.a�d Sears n9.,D Sever .n ver+l in g s1) crfy+nq t14e dole C11II 11 defectfoy a&nd*r Idle urtmallk It ofe, Solley 0AI hart 30 day hem <br />131 reC s+pt ar nar,ce to remove the "Facts t...g .nrch Bursar shall. w.l hmn 1k" f5) days after expiration of the thirty 4301 day period. delifer wrolen <br />132 notice to Setter *•that 111 ex lana+419 the lime to< a oaso'Able 02+104 nor lit as coed 120 days wlt hmn III Seller shall use ddrgeat effort to <br />133 'am <br />Ph de defects or 121 reauestmg a refund of if <br />of•lrl l oa�d which shall Ea .mnwdiately rdlurnad ro Bursar If Buyer f&As 10 so noir Senor <br />Sia Buyef anon It dt fartd td have accepted Ina t+rte a1 ,1 Then +& SeIIrI shad. d Brite rt found Unmaraeraca, use all.ginr erfdn t9 aarrsct d!i'eclts <br />135 ..+In,. N, 11 me ora r•de1 tn.rNom U Sol.., s vn.1 ale Ill timely ca freer the bels cls. Buyer 2hall atthe. nal we the dffecis. or race. a refund a' <br />176 ae Rost s !^ere„ •r•easng Bu/e+ a,1 Sever imam an funhe• pb+.q•' arts under his Conrrac+' a Errdence @I rate s du"rs•eo to BurRr less +na� <br />110 5 Tars �• t: :3 +'J S.Ier mai fr'r^0 :.'oS1g 7a![ la'^t' Sure• faa•� hate uP lit 5 days }r'am bat■ pl re; a, o• ai lr+df^c! 0p tit+f Sp a'r a^+•'e <br />116 4an+e,a--.%•Ia•;aw "IF.i1.$rAna""p <br />139 B. PURCHAS€ WO E,Y MORTGAG€, SECURITY AGREEMEMT TO SELLER: A purchase mane, mortgage and mangage nose lig Sellw+ sna <br />140 Pror•ae ' a 50-.a, 7'"ace 6areRa n +rte ere 411 Of JevaumY 0 x r.,tt +engage and A :Sala, grace period .t a second ar lei ear mortgage, $aa <br />at Ororrpe ". '�ghl aI pr[Rarraa ret .1 w'^a�f a+ �A dart rr,I naa1 9t all Inial Permlt aC[eter ai in even[ Or ere ler of the keit O'ci( &hal) require <br />142 ail prro' ens ant eeC.�m Rran[e5 lit be hep. n geed %tafid.ng S•d tart!._ mad.l,aa11dn1 al of lulura a6ranCes andel ahor martgag[r%i shall 1e4u�°e <br />+a3 BuYer IG ma�nta�r po+C.[s of +n%uranCe Cnn}a•n+req a stanaila mOttgagu :+suss corerrnq an ,mpro itmentt rocatec on Inc 'eap praaartr agalast <br />1414 }.,e and a' Rer +} enc+f Jed .�1 h+n the term •aata nded Conlage enaar sirmrnIs' and Such olher r1s k. and pffrIs of Sever mat rras0la airs reg U.+e <br />T45 m an amount aoua• r0 1401, aMjhasl •rSWaR,I, (Aloe and,,. moarraq& 1010 and tecur.ty 49100"M $half be olher.,f. ,, roan and conlear a9uvea <br />rid by seller, a I salve, may only reourte Ctau101 and Care rip, cu4ldm4hpy found in mortgagot, mortgage nates afid ereutlll agreements gir lq <br />141 W+h;ed by sarongs and roan Insidul.dn, or salt a+ na Lanai banes totaled mei Ahe county wha+@+n the rfal property IS looalad All persona, <br />146 )roomy and lesser Doi <br />conrdygd a, a.sg naa -IN, a1 Serlli's option, be subject to the nen at a security ■grsfm0nf "danced by recorded <br />144 Ilnanc.nq stale+nentI if a aal.pon mortgage tree Final payment w,n *.Geed In* periodic payments therein <br />150 G, <br />SURVEY! Buys, sl 0vyei a eNdense, wHhrn time all aired la dglwa1 alnd Race of title and 10 sa amine Sante, ANY laws 1146 real properly Surveyed <br />151 and carld.ad by a rsgrt+ored Flands IVF16,ar 11 f ha &urn, ml closes ancroachmonts on the reef property of that JwdrafewEi located thereon <br />152 an croach On salbicf )miff, ■,,:.rel s. Lands a} al hers as npiele any resrriClrans. Contract coven"Is or applicable governmental regulation. Ine <br />153 lamas lhatl C0.61 at a III dordCt <br />134 O. TE Kill ESI►f OOD D .3TROYING ORGAMISM51 Buyer, I Buyer'$ aepanse, vert hill IM limit allowed to deliver arMancs M Ilia, may have the <br />IS5 PI Op* <br />r6l peclRd Florida Csr1.Le6 Post on "of Operslet ('Operator', to If Permits If that a any osits acl+re I*fmdle ,nfeekst.on or <br />156 I -I-- aemage from I cle, rhle St at+an ere1 .d•aq fance3 If @".lar or both ala fgvmM. cul■, *hal. hays a days from dale o9 Mittal, nOS.Cn :hereof <br />151 within welch to Wan cast of watrr,ent .r reaw.xd. es+o mead ors the Opelal or and all danl0ge inspxC ltd and sal+entad by a f.cdns ed budder or <br />15a 9e War al CArtlr Me of Sol. S. Pay rah" taltl dl 1,...—nl and 7pan o1 air Oa -96 uP la' +rte an'pv ret pro peep ,n Plrap rape alL tai rt <br />154 ai1.rtYaeeo titter *.ceeo Inst em oM11. Buyer $nen Aan fns vvtlon ar canulrn4 Ina Cc IF cl w+Ihm i days alter revel pt of canuaclor's repair <br />160 aa,rrise by g,nag shhen notice 10 Supper ar euyar may elect Io proceed with fM trsnasellon, and receive a Cr4dA al closing an the aawurrl <br />r6I <br />pro -Beit 141 Paragraph 91111ak 'Termlies' shall be deemed 10 +naude alt wood destroying organisms ret;ur+rd to to ,,period unde, the F+anda Pest <br />s82 Con. rat +tet as amended <br />581 E. INGRE SS AND EGRESS' S011ar warrant. end I@Prasentt tRal tnere+s ingress and egress to the tail PfapOny sufficient to,.11 mjgndea Ulf <br />150 as descnasd .n va+&g.+pre Yi+ serest Nave 'o which .f ,n 4erd�da6e s s m 5,andira A <br />IBS F. LEASES: Seller shall_ ndl .ass lain +5 dafs pa+ar< clat.ng rurnnh to Boyer Cdpus of an written Ieea25 and estoppel latlall Prom RAC" <br />1B5 106ant &Rsc1it1ap Ih[ A81ure and state <br />u fallen of Ise tonere.'& occupancy. }anal Intel, advanced rg.1 end 6ocunly da Patd paid by tenant Il S@lrer is <br />1e/ unahle to oo¢4 n $fort loner hdm *seri t.aaM the fame inlpr mal+ars 114eIf bs IVr ry had by 5f11ef sad BYyer ..t gin tKal t," 04 f, ad 1n Ine }arm dl a <br />168 Seugx's allrtlar•t. and Buyer may :herrn#( danlact trnam to canfurm such rnl0rrrytmn SRllar shill. at Cloarnq. dfhfer arta asHyM1 all dr+gma+ <br />169 I'll <br />et 1a Buy a, <br />17a G. LIEMS= Server ehall furnish 1a Buyer al time of clelmq as AttidawF 4111211.69 to the absenr0, unles$ 9lner+rae Pro+WeO far herein. Of any <br />tit prancingf$ <br />uafrw nr, cierms of Iran er pare M.ai lienors faarrn lit 5guer arta rdnhar ata $ting final there bare be rem rep rmproHasf rets cr nparrt to <br />112 the ren Up #004"Y <br />:af 9a days ImmaA+a rely prat a ding nate of <br />Uoa.ng 1t the real pip Party hs■ asrn .mprawd or repaired within In A1 Irma, Sit 1 <br />113 &hall deliver releasee df waiver& of construction liens It <br />by AIt Mrpsi SanlMC NONE, aubd.anitaclol6, sapeIrefa and' aelslalrnen in addrhan <br />174 to Sellers lien offirl"I Belling forth tris names of all such Planenl confrocliars sulacoatractdr R, 'oil <br />and sworWtress, ferlhar afRraenq that <br />173 ail charoda for iPgrawmenla w sperms which could rgrw !M a Mears ter a arMe tevellan lies of R clshn Oat de�ges reeve been pe1d or will be ;MHP <br />176 al th0 closing of ttifa Contracl. <br />177N. PLACE OF CLOSIMO' Closing shell be hold in the County shotein Ina Jail property Is located at the Office of lire attorney' or other closing <br />f to agent {'Closing A" film) desrgnal*d by Seller <br />I r4 I. <br />T1ME: to CampW lnq l'me par+ad$ of .411 than sr tel days Saturday. Sundays and SYala ar n41,0641 legal hW,aa,t ena11 I,. *r CludeO Any lima <br />-So period% prav,ded far herd., wn.ch Shan pre •d On a Salp,aay 5uno, Ar a •.got hotidaY sham. Sial: <br />end la 5 Ila P m .f Ili. ,Birt bus,ne.. day Tim. n al <br />181 the easetlCe In IME Coal fact. <br />+82 J. CLOSING DOC UMENT3.rsgagee tsjdppSeiler snarl lure+sh the dead. put a 1810 3enstfuClydn hen all-daylt. owner's ons r."..a Apt,dar•f AS,.g+manrN ar <br />143 tear... 'dnanl and mai lett ors and corracina 1051I.nianl$ Closer shall furnrs6 clounq Slmai m@ <br />lemxnl, marlgag. note <br />I8asoo.'aw AgMom.nt and Pillet atalonadl/ <br />1x3 K. EXPENSE31 Occumoi stamps 0. the deed snit recording at canact.ve In&l"monts shall 00 Perd by Sillier DOCURNINI .tamps sad <br />+86 Inti, q,leto fat on the Do rc heed ma hey mortgage and any .rungs qe assumed, mort9agd■ +,Nle +nsueanee Co+aa.t elfnt with t0tatait fees, and <br />tar Word 0l pu,p Raaf rlgM1ey mpNlg Ago j0 '$Filter, aged sad l.nlaC leg a.atemfall sheit bf paid by Buyer Ur4aee plhefn+raa provided by law of <br />Nine ,.der to Ill., COaIMCI, charges for Ina fanow,nq +elated lin& aervtCel, naswly Iltts or abf Sraal Chgrpa, lnie esarnnahan, and iflNle mens <br />194 and $losing foe, shah N paid by .h@ pan, Lt.. 0, Fmm&hmq the Imng :Valera in Accordance with Para2-pi, V <br />190 L. PRORATIOAM CREDITS: T.. . of. eel me els. rant, +nlsmill..mvrsnc0 and &III expenses Or jhe Pfap4rty 1ha11 be pfOfstad Ihfovgh in <br />141 day "rare CIO$," BY'yaf Shot <br />nava In, @phpM1 a1 taking dHf far imfi policies of InsurRn". of Aseumablg- in .h1Ch event P-nimma .halt ire <br />192 <br />IN sled CasR al tial reg shall be enc*Rased or dacraasaa ss mar be rdquu ed by Prdra Gonf la be rNdR Ih.raugh day 4rwr to closing, o• ,.�cupan C, <br />193 rt o4Cupan cy ac�err& befar. closing Advance rent and $ecurily deposits will be C14111106 10 Buyer. E.c rase deposits hard by mnrtgfq it will be <br />144 cMailod to Solar Targe $:hall 40 prafaled baeea On tae Carrs A. rest' ere with due allowenae made for maalnsam allowable discount, homer Bad <br />595 arts nine+ e. amplrana If closing ocdurs ar a dao when the Curie rel ygee'1 rn11a9e is <br />not ftlx0d and Cu Front <br />yeah asau sfMnN rs avadabls. lases <br />146 will be pro+&led baled VOO. Such al$0ssm.nl and Prrox ye A"s mdlage It current yea*"f assessment 11 not Ave it .6e, then 10,01 .dI be Rrd,ated <br />197 an v'+or rear S tar II there era C0.0 dd ,mprpren,dn[1 On the real prior rty by Jany arra tet of wast of closing. which lmprovem r.t. warp nal ,n <br />196 em.stanca an January ISI al War year- then Iar6S Shall oe prorated baled upon pilot year'$ mirage and a[ art equ+lat4a asses.rnenl lit be aa,eed <br />199 u�pOa b■t.aen the parties, failing vh,Ch, +sooner $hail b. made to Ihg County Properly Appraiser far an In fFi+,war a@f e..mer11 taking ..to <br />A-Count <br />2aa arad:01. e.lntplwna A las proraNion based on an estimate shall. al &quest of either party, be toN dueled upoo 0,aQIpt of Iat bill an cond41 an <br />till Ihal a 5lasel to Ilial nlfeCt is ironed at ctoaing <br />G✓14 s/ jr� / <br />B uyn l J t Ire%& 3nler L_ � - +_ -J_ _] { �- L t ac9 now1rag0 rwdPt viewers of ilii& Rbg <br />FARIPAR•5 Iver 1098 COPYRIGHT 1999 THE FLORIDA BAR ANI, THE Ft ORIDA ASSOCIATION OF etEALTORSB <br />This lame rs frC.eniad for tri& wtth F+tarnlwlBj[YI^ Forms Software by ISG McMitsitaf Publishing, Inc 800.336-1027 <br />