|
r
<br />THIS FORM HAS BEEN APPROVED BY THE
<br />FLORIDA ASSOCiAT10N OF REALTORSB AND THE FLORIDA BAR.
<br />Contract for Sale and Purchase
<br />FLORIDA ASSOCIATION OF REALTORSS
<br />AND THE FLORIDA BAR � Q
<br />11 PARTIES: Red 9tick_QQ].!_C1uba3nc___"ad Stich.G4Af�tivsatms�i�JL'7��ls�xuce�aitekl.tt ("Sei1eF),
<br />2 of . 756 (Phano) 561-331-4743
<br />'3 and ZJgr;Ldl+ ("Buyer).
<br />4 of I?A"It"tm"x__y4X4_BOA ch4 _11=144t 32960 - (Phone) AM]„L 567 -MM,
<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 ['Contracl'):
<br />7 L DESMPTION:
<br />'8 (a) Legal description of the Real Property located in _ _-___Indiiin ivar County, Flortda:
<br />9 t An a 18" attached- hereto_..and made a "art awf,
<br />10 -
<br />1 i (b) Street address, city, zip, of the Propertyls: 5ath Avartya_ right-gLlfiAy ZCal ung 2,026 aaxe_ xonmd_U_
<br />'12 (c)Personal Property:Mona. Subs t +A" ynarcel,174_ggrea Exhibit
<br />13_ ,—_ ilr tit r1r.—haa.ed upOrT S2Q,_099 L4�rsr�os2�._ -
<br />14 _
<br />i5IL PURCHASE PRK:................................ ___ .................. ...,.......--................_-.,............ ...,.,.......................... ................... .._$ 20.520,00
<br />to PAYMENT -
<br />'17 (a) Deposit held In escrow by (Escrow
<br />'18 Agent) in the amount of .......... ......................................................................... _................................. ,,..,............... ........5 -0--
<br />'19 (b)Additional escrow deposit to be made to Escrow Agent within - days after Effective Date (see
<br />'20 Paragraph Ill) in the amount of... .......... _ _ ........... ---- ---- --,...................,..................-.....-.-.5 mgr
<br />'21 (c) Subject WAND assumption of existing mortgage In good standing in favor of _
<br />22 having an approximate present principal balance of___ -0-
<br />'23 (d) New mortgage financing with a Lender (see Paragraph IV) in the amount of_ .................. -0-
<br />'24 (e) Purchase money mortgage and note to Seller (see rider for terms) in the amount of... .. ........ -0-
<br />'25 (f )Other: $- -0-
<br />26 (g) Balance to close by U.S. cash or LOCALLY DRAWN cashiers or official bank check(s), subject
<br />'27 to adjustments or prorations.........................................................................................................................................$ 20 52 00
<br />28 11L TIME FOR ACCEPTANCE OF OFFER; EFFECTIVE DATE; FACSIMILE: It 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 __ N A�� , the deposil(s)
<br />30 will, at Buyers 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 atlomeys. The date of Contract (`Effective Date') will be the date 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 shalt be considered
<br />33 for all purposes as an original. PLEASE Ham; THIS CCKTRACT IS SUBJECT TO INDLAN RM ('AUNTY FIIfN_ Ai
<br />34 IV. FINANCING:
<br />'35 0 to) This is a cash transaction with no cont+ngenc.es for financing;
<br />'36 ❑ (b) This Contract is conditioned on Buyer ablaming a written loan commitment within _ days after Effective Date for
<br />37 (CHECK ONLY ONE): ❑ a fixed; Elan adjustable; or [J a fixed or adjustable rate loan in the principal amount of
<br />'38 S , at an initial interest rate not to exceed % , discount and origination foes not to exceed —'X1
<br />'39 of principal amount, and for a term of _ years. Buyer will make application within —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 Day all loan expenses. If Buyer fails to obtain a commitment or fails to waive
<br />42 Buyer's r,gPis under this subparagraph with.n the time for obtaining a commitment or. after diligent effort, fails to meet Ine
<br />43 terms and conditions of the commitment by the closing date, then eiiherparty thereafter, try written notice to the olher, may
<br />44 cancel this Contract and Buyer shall be refunded the deposit(s); or
<br />'45 L (c) The existing mortgage, described In Paragraph 11(c) above, has: f:] a variable interest rate, or a fixed Interest rate of
<br />'46 — % per annum. At 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 furnish a statement from each mortgagee stating the principal balance, method of
<br />48 payment, interest rate and status of mortgage 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, then Buyer shall promptly obtain the
<br />50 necessary application and diligently complete and return It to the mortgages. Any mortgagee charge(s), not to exceed
<br />'51 $ (I% of amount assumed it left blank), shall be paid by Buyer. 9 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 atther
<br />54 effects to pay the increase In Interest rate or excess mortgage charges.
<br />'55 V. TTTLE EVIDENCE. At least days before closing date, (CHECK ONLY ONE : EI Seller shall, at Setters expense, deliver
<br />156 to Buyer or Buyers attorney; or X Buyer shall at 9uyers expense obtain aAW#IWC: X abstract of title; or 19 title
<br />57 insurance commitment (with legible copies of instruments Ilsled as exceptio.is attached thereto) and, after closing, an owner's
<br />58 policy of title insurance.
<br />'59 VL CLOSING RATE: This transaction shall be closed and the closing documents delivereg onf _@,� e]"L ,
<br />60 unle dlfio bSyyy ulhor provisions of lhlsl Contract r7m `E k]Ct71R LkV ( Ili)
<br />)
<br />awyM I' i i_,�, V'li: L� Mp sell" l� � I �I �rcknawl"dgt +,rc•Ipr or "cnpY of th4a paq s.
<br />FAR OAR -5 R -9 -SE ri,uEAS CAN BE OBTAIk O FROM Tr,F cLORICA ASSOC I ATTOr, OF RE ACTOR St Cu THE FLORICASAR
<br />Trv,s form ,Scc es -use -1h lForin iullatsSi!" Form• Sof ware by ISG MCAll,yter F'ubhsh.r.g. Inc aoc-3'stt5..vb3F
<br />w'wl7Q LCV r'v („C,' V,r X'
<br />
|