HomeMy WebLinkAbout2014-091Bidder
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Hereby submits
SEALED BID FORM
(Bidder's Name)
Printed
TO: INDIAN RIVER COUNTY
Purchasing Division
1800 27th Street
Vero Beach, Florida 32960
Project: Sealed Bid for the Purchase of former Langdon property, located at:
2605 47th Avenue
Vero Beach, FL 32960
Parcel ID #32-39-33-00002-0000.00001.0
7-01- LDI4
201't09t
12.E. •
Bid Due Date and Time: June 19, 2014 at 2:00 P.M.
The undersigned declares that he/she has visited the premises to review existing conditions prior
to the opening of Sealed Bids that he/she has satisfied himself/herself relative to the condition of
this property.
The BIDDER proposes and agrees, if this Bid is accepted, to contract with the County for the
purchase of the identified property for the amount of:
Zit/ -VIA574/v471-tot 44/44.1—($ e25-/— )
T� otalBid Price Written
Enclose with your bid the following:
1. A certified or cashers check in the amount of $1,000.00 as deposit in escrow, drawn on any
bank authorized to do business in the State of Florida made payable to Indian River County
Board of County Commissioners If the winning bidder fails to close within the prescribed time
period the security will be retained by the County not as a penalty but as liquidated damages.
The security checks submitted by all non -winning bidders will be returned following ratification
of the winning bid by the Board of County Commissioners.
2. The attached Contract for Sale and Purchase (Contract). The Bidder shall fill in the
following lines on the Contract:
Line 2 Buyer's full legal name
Line 16 Purchase Price
Line 24 Balance to close
Lines 113-19 Buyer's signature and address
Bidder shall make no changes to the Contract. Only the Contract supplied by the County in the
Bid Package will be accepted.
Acceptance of Bid:
The BIDDER understands and agrees that the Owner reserves the right to accept or reject any or
all Bids submitted and that acceptance of the winning bid will be determined by the Board of
County Commissioners at the first meeting following the date of the Bid opening.
Owner anticipates closing to be completed within 30 calendar days from bid opening.
The undersigned hereby certifies that they have read and understand the contents of this
solicitation and agree to purchase the property ` AS IS, WHERE IS". Failure to have read all the
provisions of this solicitation shall not be cause to alter any resulting contract.
Respectfully Submitted,
90i3 9mb&eA/014 ;el � y
Name of Firm or Individual Address
Vn0
Authorized Signa re City, State, Zip Code
(77Z)s�7-&SS!
Phone
Title (If applicable)
61/49 /i
E-mail:
Daae Signed
'ick @/ R/te,i 4(
THIS FORM HAS BEEN APPROVED BY THE FLORIDA ASSOCIATION OF REALTORS AND THE FLORIDA BAR
1* PARTIES: Indian River Coun ("Seller"),
2* and("Buyer"),
3 hereby agree that Seller shall sell and Buyer shall buy the following described Real Property and Personal Property (collectively "Property")
4 pursuant to the terms and conditions of this Contract for Sale and Purchase and any nders and addenda ("Contract"):
5 I. DESCRIPTION•
6* (a) Legal description of the Real Property located in Indian River County, Flonda:
r Lot 1, Davilla Park Subdivision as recorded in Plat Book 3, page 69, less that described
8* portion for road right-of-way in OR Book 2729 page 2144, records of Indian River Co.
(b) Street address, city, zip, of the Property: 2605 47th Avenue
(c) Personal Property includes existing range(s), refrige ator(s), dishwasher(s), ceiling fan(s), light fixture(s), and window treatment(s) unless
specifically excluded below
Other items included are:
9*
10
11
12*
13*
14*
15*
ty,/lG
ap
olitical subdivision of the State of Florida
Items of Personal Property (and leased items, if any) excluded are:
16* 11. PURCHASE PRICE (U.S. currency):
17 PAYMENT:
18* (a) Deposit held in escrow by Indian River County
19* (b) Additional escrow deposit to be made to Escrow Agent within
20* (see Paragraph 111) in the amount of
21* (c) Financing (see Paragraph IA in the amount of
22' (d) Other
23 (e) Balance to close by cash wire transfer or LOCALLY DRAWN cashier's or official bank check(s), subject
24* to adjustments or prorations
25 III. TIME FOR ACCEPTANCE OF OFFER AND COUNTEROFFERS; EFFECTIVE DATE.
26 (a) If this offer is not executed by and delivered to all parties OR FACT OF EXECUTION communicated in wnting between the parties on or
27* before 7/1/2014 the deposit(s) will, at Buyer's option, be returned and this offer withdrawn. UNLESS OTH-
28 ERWISE STATED, THE TIME FOR ACCEPTANCE OF ANY COUNTEROFFERS SHALL BE 2 DAYS FROM THE DATE THE COUN-
29 TEROFFER IS DELIVERED
30 (b) The date of Contract ('Effective Date") will be the date when the last one of the Buyer and Seller has signed or initialed this offer or the
31 final counteroffer. If such date is not otherwise set forth in this Contract, then the "Effective Date' shall be the date determined above for
32 acceptance of this offer or if applicable, the final counteroffer.
33 IV. FINANCING:
34* 0 (a) This is a cash transaction with no contingencies for financing;
35* 0 (b) This Contract is contingent on Buyer obtaining approval of a loan ("Loan Approval') within days (if blank, then 30 days) after
36* Effective Date ("Loan Approval Date") for (CHECK ONLY ONE): m a fixed; 0 an adjustable or 3 a fixed or adjustable rate loan, in the prin
37* cipal amount of $ , at an initial interest rate not to exceed %, discount and origination fees not to exceed
38* % of principal amount, and for a term of years Buyer will make application within days (if blank, then 5 days) after
39 Effective Date. Buyer shall use reasonable diligence to: obtain Loan Approval and notify Seller in writing of Loan Approval by Loan
40 Approval Date satisfy terms and conditions of the Loan Approval, and close the loan. Loan Approval which requires a condition related to
41 the sale of other property shall not be deemed Loan Approval for purposes of this subparagraph Buyer shall pay all loan expenses. If Buyer
42 does not deliver written notice to Seller by Loan Approval Date stating Buyer has either obtained Loan Approval or waived this financing con -
43 tangency, then either party may cancel this Contract by delivering written notice ("Cancellation Notice") to the other, not later than seven (7)
44 days prior to Closing. Seller's Cancellation Notice must state that Buyer has three (3) days to deliver Seller eritten notice s provided abovewaiving
this
45 financing contingency. If Buyer has used due diligence and has not obtained Loan Approval
yer
46 shall be refunded the deposit(s). Unless this financing contingency has been waived, this Contract shall remain subject to the satisfaction,
47 by Closing, of those conditions of Loan Approval related to the Property;
48* 3 (c) Assumption of existing mortgage (see rider for terms); or
49* 3 (d) Purchase money note and mortgage to Seller (see Standards B and K and riders; addenda; or special clauses for terms).
50* V. TITLE EVIDENCE: At least ____ days (if blank, then 5 days) before Closing a title insurance commitment with legible copies of instruments
51 listed as exceptions attached thereto ("Title Commitment") and, after Closing, an owner's policy of title insurance (see Standard A for terms) shall
52 be obtained by:
53* (CHECK ONLY ONE): U (1) Seller, at Seller's expense and delivered to Buyer or Buyer's attorney; or
54* IJ (2) Buyer at Buyer's expense.
55* (CHECK HERE): U If an abstract of title is to be furnished instead of title insurance, and attach rider for
term_
{"Closing") unless
s.
56* VI. CLOSING DATE: This transaction shall be closed and the dosing documents delivered on
57 modified by other provisions of this Contract. If Buyer is unable to obtain Hazard, Wind Flood, or Homeowners insurance at a reasonable rate
58 due to extreme weather conditions, Buyer may delay Closing for up to 5 days after such coverage becomes available,
59 VII. RESTRICTIONS; EASEMENTS; LIMITATIONS: Seller shall
onveyauthetableetiitle subjects to: comers praapensive
lan the platplan , zoning,
60 restrictions, prohibitions and other requirements imposed by governmental
erwise
FAR/BAR-7s Rev. 7/04 0 2004 Florida Association of REALTORS* and The Florida Bar All Rights Reserved Page 1 of 4
(Escrow Agent) in the amount of (checks subject to clearance)
days after Effective Date
$ 56,o6/
1,000.00
61 common to the subdivision; outstanding oil, gas and mineral rights of record without right of entry; unplatted public utility easements of record
62 (located contiguous to real property lines and not more than 10 feet in width as to the rear or front lines and 7 1/2 feet in width as to the side
63 lines); taxes for year of Closing and subsequent years; and assumed mortgages and purchase money mortgages, if any (if additional items, see
64 addendum); provided, that there exists at Closing no violation of the foregoing and none prevent use of the Property for
65* purpose(s).
66 VIII. OCCUPANCY: Seller shall deliver occupancy of Property to Buyer at time of Closing unless otherwise stated herein. If Property is intended
67 to be rented or occupied beyond Closing, the fact and terms thereof and the tenant(s) or occupants shall be disclosed pursuant to Standard F
68 If occupancy is to be delivered before Closing, Buyer assumes all risks of loss to Property from date of occupancy, shall be responsible and liable
69 for maintenance from that date, and shall be deemed to have accepted Property in its existing condition as of time of taking occupancy.
70 IX. TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Typewritten or handwritten provisions, riders and addenda shall control all printed pro -
71 visions of this Contract in conflict with them.
72* X. ASSIGNABILITY: (CHECK ONLY ONE): Buyer ❑ may assign and thereby be released from any further liability under this Contract; IJ may
73* assign but not be released from liability under this Contract; or U may not assign this Contract.
74 XI.
75*
76*
77
78
79
80
81
82
83
84
85
86
87
88
89
90
DISCLOSURES
(a) LI CHECK HERE if the Property is subject to a special assessment lien imposed by a public body payable in installments which
continue beyond Closing and, if so, specify who shall pay amounts due after Closing: J Seller U Buyer LI Other (see addendum).
(b) Radon is a naturally occurring radioactive gas that when accumulated in a building in sufficient quantities may present health risks to per-
sons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida.
Additional information regarding radon or radon testing may be obtained from your County Public Health unit.
(c) Mold is naturally occurring and may cause health risks or damage to property. If Buyer is concerned or desires additional information
regarding mold, Buyer should contact an appropriate professional.
(d) Buyer acknowledges receipt of the Florida Energy -Efficiency Rating Information Brochure required by Section 553.996, F.S.
(e) If the real property includes pre -1978 residential housing then a lead-based paint rider is mandatory.
(f) If Seller is a "foreign person" as defined by the Foreign Investment in Real Property Tax Act, the parties shall comply with that Act.
(g) BUYER SHOULD NOT EXECUTE THIS CONTRACT UNTIL BUYER HAS RECEIVED AND READ THE HOMEOWNERS' ASSOCIA-
TION/COMMUNITY DISCLOSURE.
(h) PROPERTY TAX DISCLOSURE SUMMARY: BUYER SHOULD NOT RELY ON THE SELLER S CURRENT PROPERTY TAXES AS THE AMOUNT
OF PROPERTY TAXES THAT THE BUYER MAY BE OBLIGATED TO PAY IN THE YEAR SUBSEQUENT TO PURCHASE. A CHANGE OF OWNER-
SHIP OR PROPERTY IMPROVEMENTS TRIGGERS REASSESSMENTS OF THE PROPERTY THAT COULD RESULT IN HIGHER PROPERTY TAXES.
IF YOU HAVE ANY QUESTIONS CONCERNING VALUATION, CONTACT THE COUNTY PROPERTY APPRAISER'S OFFICE FOR INFORMATION.
91 XII. MAXIMUM REPAIR COSTS: Seller shall not be responsible for payments in excess of:
92* (a) $ for treatment and repair under Standard D (if blank, then 1.5% of the Purchase Pnce).
93* (b) $ for repair and replacement under Standard N not caused by Wood Destroying Organisms (if blank, then 1.5%
94 of the Purchase Price).
95* XIII. HOME WARRANTY: U Seller U Buyer U N/A will pay for a home warranty plan issued by
96* at a cost not to exceed $
97 XIV. RIDERS; ADDENDA; SPECIAL CLAUSES: CHECK those riders which are applicable AND are attached to and made part of this Contract:
98* 0 CONDOMINIUM U VA/FHA ❑ HOMEOWNERS ASSN ❑ LEAD-BASED PAINT COASTAL CONSTRUCTION CONTROL LINE
99* ❑ INSULATION 0 "AS IS' ❑ Other Comprehensive Rider Provisions a Addenda
100* Special Clause(s):
101*
102*
103*
acknowledge receipt of a copy of Standards A
104
105
106
107
108
109
110
111
112
11
XV. STANDARDS FOR REAL ESTATE TRANSACTIONS ("Standards"): Buyer and Seller
through Y on the reverse side or attached which are incorporated as part of this Contract.
THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY
SEEK THE ADVICE OF AN ATTORNEY PRIOR TO SIGNING.
THIS FORM HAS BEEN APPROVED BY THE FLORIDA ASSOCIATION OF REALTORS° AND THE FLORIDA BAR
Approval does not constitute an opinion that any of the terms and conditions in this Contract should be accepted by the parties in a
particular transaction. Terms and conditions should be negotiated based upon the respective interests, objectives and bargaining
positions of all in - ed •ersons.
AN ASTERISK(', OLLO ING A LINE NUMBER IN`THE �MARGIN
UNDERSTOOD,
114 (BUYER)
115*
h% ` FK (DATE)
116 (BUYER)
(DATE)
E
LI
TAINS A BLANK TO BE COMP
Is I..
••9s'••
e. .*;
7
(SELLER)
(SELLER)
Peter D. 0
Bryan., Chai
BCC Approved; 07-01-14
117* Buyers' address for purposes o onceSellers' address tbrpurposes or notice
118* 98/5-°4 jnE /CA.L'/>t Kb ,i f/Min) ief "�/�--
119*(77� 5b1-055/ Phone one•
120 BROKERS: The brokers (including cooperating brokers, if any) named below are the only brokers entitled to compensation in connection with
121 this Contract
122* Name: Listing Broker APPROVEDTfl R123 Cooperating Brokers, if any
FAR/BAR-7s Rev. 7/04 0 2004 Florida Association of REALTORand and The Florida Bar All Rights Reserved PagLD // 1/� FF Ai
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WILLIAM K. DEBRAAL
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