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40 <br />i <br />l <br />TIIIS FORM HAS OCC"N APPROVED BY THE <br />FLORIDA ASSOCIATION OF R[ALTORSO AND THE FLORIDA BAR. <br />Contract for Salo and Purchase <br />FLORIDA ASSOCIATION OF REALTORS' <br />AND THE FLORIDA BAR <br />"1 PARTIES:atitha_,Trulluo ._..� ("Seller), <br />te <br />2 of _ 10653 Roanland R . So12g ign. laioridm 3295f1-B14a (Phone)� ---N/A- <br />'3 and Indian RivaT__Vg11rLLY ._. _P9 i a_� v ., o._f]_.4.�_ r's9 Stato of Florida ("Buyer"), <br />4 of Flo5-9044, <br />5 hereby agree that Seller shall sell and Buyer shall buy the following doscribod real property and personal property (collectivoly <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. DESCRIPTION: <br />'8 (a) Legal description of the Real Property located in Tndiwn_ iiiver County, Florida: <br />9 See _legal daacrip _ip%,___91cbi bit "At', attached hgieto and made s n%yt hotreaf. <br />10 <br />`ll(b)Straeladdress. city, zip, ofthe PropenyIs;_ 16th 8troot. Moro poetch, FlQridA 32966 111 <br />12 (c) Personal Property: Nonv��A=1�.ozfing.arpL".IR 13n=o - - 't/ <br />13 Farcq} eAC1!livg y3.45I. atryace :Q0 Fie <br />14 FLCAUE N , TIIIS C4N9+ftAr_� _ - <br />15 IE. PURCHASE PRICE:..... ...............S_-"32=." <br />16 PAYMENT: <br />"17 (a) Deposit field In escrow by__.___ NIS_ (Escrow <br />'113 Agenl) in the amount of ........................ ......................................................................,.,.,.,..........................,,....S_ -411 <br />I19 (b)Addllluiwl eseruw depusiE Ju Ue ir+rr,Fe to :-Scruw Aigolil wittrnt_doys u11Or Ellucllvo Date (soil <br />'20 Paragraph Ili) In the amount of... .................... _.,_ ................................... ....... .............. . .. ........... ........... S -0- <br />121 (c) Subject to AND assumption of existing mortgage in (food standing in favor of H/A <br />22 _ _ having an approximate present principal balance of $ -0- <br />'23 (d) Now mortgage financing with a Lender (see Paragraph IV) In the amount of....,... .,..$ -9- <br />'24 (a) Purchase money mortgage and note to Seller (see rider for terms) in the amount of ............__ ..............$ - - <br />'25 (f )Other: N -A $ .0. 'Zs•40 <br />26 (g)Balance to close by U.S. cash or LOCALLY DRAWN cashier's or official bank chook(s), subjectfJ Aj-, t�'�C <br />'27 to adjustments or proralions..................................................................................._...,,..,,..,.,,,.......,..,.,.....,.,...,.........5 7Z935v40• ' <br />28 Ill, TIME FOR ACCEPTANCE OF OFFER; EFFECTIVE DATE; FACSIMILE: If this offer Is not executed by and delivered to all parties <br />'29 OR FACT OF EXECUTION communicated in writing between the parties on or before _ __ _ 3-9-44Y.8 , the deposits) <br />30 will, at Buyer's option, be returned and this offer withdrawn. For purposes of delivery or notice of execution, parties Include Buyer <br />31 and Seller or each of the respective brokers or attorneys, The date of Contract ("Effective Date") will be the data when the last <br />32 one of the Buyer and Seller has signed this offer. A facsimile copy of this Contract and any signatures hereon shall be considered <br />33 for all purposes as an original. <br />34 IV, FINANCING: <br />'35 (a) This is a cash transaclion wilh no contingencies for financing; <br />136 [❑ (b) This Conlract Is conditioned on Buyor obtaining a written loan commitment within — days after Effective Data for <br />137 (CHECK ONLY ONE): J;_Ja lixod; uan adjustable; or Ua fixed or adjustable rate loan In the principal amount of <br />'38 S 11/31 , at an inilini interest rate not to exceed % , discount and origination fees not to exceed % <br />139 of principal amount, and for a lana of ^ yuors. Buyer will make application within —days (5 days if left blank) after <br />40 Effective Dale 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. if Buyer fails to obtain a commitment or falls to waive <br />42 Buyer's rights under this subparagraph within the time for obtaining a commitment or, after diligent effort, falls to moot the <br />43 terms and conditions of the commitment by Ilse closing date„ then either party thereafter, by wrillen notice to the other, may <br />44 cancel this Contract and Buyer shalt be refunded the deposil(s); or <br />'45 n (c) The existing manoago, dt:serifyt{i in P3rnurEirr!I Ilia) above, tins: 0a variable Intorosl rate: or (,'aft%nr+inlnreS[ rate of <br />'46 NIA % per annum. At time of lilto lrarrslcr, carne fixed intoresI rates are subject to Increase, it increased, the rate shall not <br />"47 exceed % per annum. Seller shall fumish o staler»ent from cacti mortgagoo staling lho principal balance, method of <br />48 payment, interest rate and status of murtgayu or authorize Buyer or Closing Agent to obtain the same. If Buyer has agreed to <br />49 assume a mortgage which requires approval of Buyer by the mortgagee for assumption, thon Buyorshall promptly obtain the <br />50 necessary application and diligently corr'ptolo and return it to the mortgagee. Any mortgagee charge(s), not to exceed <br />151 5 NIA _ (1% of amount assumed if loft blank), shall be paid by Buyer, If Buyer is not accepted by morigacge4 or <br />52 the requirements for assumption arc not In accordance with the terms of this Conlract or mortgagee makes a charge In <br />53 excess of the slated amount, Seller or Buye, may rescind this Contract by written notice to the other party unless either <br />54 elects to pay the increase in inloresl ralo cr oxcess mortgage charges. <br />'55 V. TITLE EVIDENCE1:At least days before closing date, (CHECK ONLY ONE): EJ Sellor shall" at Seltor's expense, deliver <br />156 to Buyer or BuyoPs attorney; or X Buyer shall al Buyur°x exponsa obtain (CHECK ONLY ME): ZK abstract of title; or H title <br />57 insurance cominitmenl (with logibta copies of in.:trornenls listed as exceptions attached therelo) and, after closing, an ownods <br />58 policy of title insurance, <br />'59 VI. CLOSING DATE: This transaction hall be closed and the closing documents delivered on � 60 day <br />50 <br />un smodifiedbyntherprovisionso�rt i� onlracl. Front Efective Da Ce —(See t3�c III <br />Buyreceipt or a cony of thl: n.Q.e. <br />FARr6AR•5 Rov. a105 RIDE Its CAN DE OBTAINED FROM TIIL' FLORIDA ASSOCIATION OF REALTORSO OR THE FLORIDA 13AR <br />Thm rM Es licansod For u ill' Ynrin I x r' re ns ^nrrvnr6 h+ PSG h1C111,.161 r4I1 ishfnq, Inc 00- 3e•162 <br />