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2012-082B
Parcel #31 -38-28-00003=0200-00013 .0 20 1 This document was prepared TRUE COPY by and should be returned to: CERTIFICATION ON LAST PAGE J . R . SMITH , CLERK, . 00 • Jason A. Beal Atlantic Coastal Land Title Company, LLC1_ k.r1.0 3850 20th Street, Suite 4 V Vero Beach , Florida 32960 QI&wAJ V• TO Z1w DEBRA >A )� � OUNTY DEED INDIAN RIVER COUNTY, FLORIDA THIS DEED , made this 19th day of December, 2012 , by INDIAN RIVER COUNTY, FLORIDA, a political subdivision of the State of Florida , party of the first part , whose address is 1801 27th Street , Vero Beach , Florida 32960 , and Donna Jo Walker, whose address is : 9056 104th Ave , Vero Beach , FL 32960 , party of the second part , Witnesseth : That the said party of the first part, for and in consideration of the sum of Ten Dollars to it in hand paid by the party of the second part, receipt whereof is hereby acknowledged , has granted , bargained , and sold to the party of the second part, its heirs and assigns forever, the following described lands lying and being in Indian River County , Florida : SEE EXHIBIT " A" ATTACHED HERETO AND MADE A PART HEREOF IN WITNESS WHEREOF the said party of the first part has caused these presents to be executed in its name by its Board of County Commissioners , acting by the Chairman of said Board , the day and year aforesaid . INDIAN RIVER COUNTY , FLORIDA By its Board of County Commissioners Attest : Jeffrey R . Smith , .••a°^° ° °° Clerk of Court and Comptroller RSsioNEgs - � . ate B B Deputy Cler os h E . Flescher, Char n CC approved : May 1 , 2012 `'°• ,Np R ° " Approved as to form and legal sufficien y. J 1 Wifliam K . D Braal Deputy County Attorney r " Exhibit A" Lot 13 , in Block T , VERO LAKE ESTATES , UNIT H-2 , according to the Plat thereof, as recorded in Plat Book 6 , at Page (s) 4 , of the Public Records of Indian River County , Florida . nnuui 00%, � 510 NFR a. rE OF FLORIDA t 4WAN RIVER COUNTY j rHIS IS TO CERTIFY THAT THIS n � ; ,HE ORIGINALTRUE AND R ILECN PY gIII F % . �• ' '• ao OFFICE . • JIt 4ia' E •i••�/O • . . u . 11 � � aaa Dqpc rl ♦ r'" r "ASIS" Residential; Contr�Ict For Sale And Purchase ` F� OCIdaRealOfS' THIS FORM HASBEEN APPROVED BY THE FLORIDA REALTORS AND THE 'FLownAzA`R 1 2 � PARTIES: Indian River County ("Seger', Donna ow er 3 agree :`that Seller shall 960 aux! Buyer shall buy .. the following described Real Property and Pereo�nail is Property (collectively "Property') pursuant to the terms and conditions of this AS IS Residential Contiect 41arr Sale s And Purchase and any driers and addenda (°Contract'): s 1 . PROPERTY DESCRIPTION:. r (a) Street address; city, zip: 9066104th Avenue Vero Beach, Florida 32967 V (b) Pr%operty le located in: Indian, R ver County, : Florida. Real Pro rty r (c) Legal description of the Real Props t 13, Nock T, Vero hake Matas u on. n , 10• recorded th Plat Book 6 Page 4, of the Public Records of indlanWar County, .Florida. together with all existing improvements and fixtures, including_ built-in appUences, :burn-tit fumgs ishtnand 12 attached wall-tommil carpeting and flooring rReal Property) unless specifically excluded below. 13 (d) Personal Property: The following items owned _ by Seller and existing on the Property as of the tette 4 of the initial offer are included in : the purchase ('Personal :Property?: (i) range(sNoven(s), . diehwasher(s), . �s disposal, calling fan(s), Intercorn, :.light fixtures,, rods; draperies and alter -.window treatments, garage door " ' 18 openers, and security gate and other access devices; and (ii) those additional Item checked• below. if 1r` additional details are necessary, specify below. If left blank, the item below. 19 not included: Refrigerators) Smoke detector(S) Pool bardedlimce Storage shed Microwave oven Security system Pool equWment TV antennalsatelNte dish Washer WindowMrall a/c 1WatersaftneVurifer Dryer Generator Spa orhot tub wb hester r Storm shutters ands Stand-alone Ice maker Above ground>,pool panels As The only other items of 'Personal Property included In this purchase, ,and any addN9onal details regarding 9 9 �e- Personal Property, ff necessary, are: MEN A 2V 21 : Personal Property is included lathe Purchase Price, hes no contributory value, and shall be left forthe Buyer : 90 9, rr (e) The following items am excluded fro purchase: 23• 2e 2. PURCHASE' 'PRICE (U.S:, currency). . . .,,., , oo@666. . .. . :. . * too* * ** 6000660 . .. . . .. . ... ..c. . .:..... .... . S _ ` 2V (a) Initial deposit to, be held in escrow in the : amount .of, (checks subject to ,COLLECTION) $ $00:00 2s The Initial deposit made'payable and delivered to `EsaowAgenC nemed, beklw 2a" (CHECK ONE): ® accompanise offer or 0 is to be made upon aaaptence (Effecilve Date) oro is to be made within Of blank, then 3) days afte Zf efts rDate 2r Escrow Aggeennt Information: Name: ATR& COSSW Land Title Company; LLC 3V Address: -3860 20th St. Vero Bch, Flodde- 32960 Suite #4 hone:, T72 68 sr E-mail. n cc .com : Fax: � 3r (b) Additional deposit be delivered to Escrow Agent within (If blank, then 3) 332P days after Effective Date. . . . . , .. " " Soo . .. ono:. 34 (All deposits paid or agreed to be paid, are collectively referredlo as the 'Cfeposit') ss• (c) Financing: Express as a dollar amount or percentage rLoan Amount? see Paragraph ll, oggggg 68.260 00 W (d) Other. Indian River County NSP second mortgage goo . . . . . . $ .�e,zse_oo .137 (e) Balance to close (not including Buyer's closing costs, prepaids and proretions) by wire 3V transferor other COLLECTED funds. . . . . . . . . . . . . see . . . . . . .: . 0000 . . . . . .,. . . . . . . , . . . . . . . . . 4. . .0 .. 01$ 0.00 se NOTE: For the definition of "COLLECTION" or, "COLLECTED" see STANDARD & 1. 4o 3, r TIMEFOR ACCEPTANCE 'OF OFFER AND :COUNTER-0FFER8; EFFECTIVE DATE. 11I 10� to 41* (a) If not signed by 'Buyer and Seller, and an executed, copy delivered ;toalfpartieson or before - 42! this ,offershali beeldeemed withdrawn and the -Deposits if erry,. will be returned to Buyer. 43 Unless, :otherwise stated, time for, acceptance of any counter-offers shall be within 2 ;days after the day the iel h as O The effective date of this Contract °will be "the Pdate wheny the . last one of. the Buyer and Seller hes signed or as initiaied this offeror final 'counter-offer CEffective`Date�: 47 4. CLOSiNO DATE: ,. Unless modifiediby otherprovisions of this'.Contract, the:,closing .f is.�transaction shall occur 40 and , closing documents required to be furnished. by each party pursuant to this Contract shall be ,dONvered 4V ('CI in on 1=2W12 , rCkrsing Datel, at the time established by the Closing Agent. Buyers Inftleis . Page t of 10 3ellefa Initials _1L ( ,i 7 FlorfdaRealraalMn b8ar,A81$-1 Rev. 6110 0 2010 Ftalda ReedomG and The FlmWa Sar. All Aphta nerved. e ON ao il: EXTENSION OF CLOSING DATE: e1 (a) if C- losing -furds from Buyers lender(s) are not available at time sof Closing due to Truth In Landing Ad, (fiLA) . 5s notice requiremertts, Closing shall be extended for such period necessary to satisfy TILA notice'- requirements, 53 not exceed T da tys . 54 " (b) If , e&erna weather or "other condition or event constituting ° Force Majeure° (see "STANDARD G) causes: ss (i) " disruption of utilities or other services essential-, for Closing, or (n) Hazard, Wind, Flood q or. Homeowners' as insurance, to become unavailable prior to Closing, Closing WIN ,be extendetl la reasonable time u010 3 days s, after restoration of utilities and-other services essential to Closing, and availability of applicable , Hazard, Wind, ee Flood or Homeowners' �insurance. If restoration of such,utilities or services and:aysilability of insurance has not:. a OCaumed: within 14 (if left blank, 14) days after Closing Date, then either party may tertninabs- this N Contract. by delivering written notice to the other party, and Buyer shall be": refunded the Deposit, thereby , ec releasing;Buyer and Seller from" all further'obligations unr"this Contract. IN 62 6. OCCUPANCY AND POSSESSION : Unless otherwise stated herein, Seller shall at Closing, haves removed all e3 person%al items and trash. from the. Property and shall deliver occupancy and possession, along with: all keys, I IN 04 garage door openers, access devices and codes, as applicable, to Buyer. If Property ie"intended to be rented or` ; as occupied beyond Closing, the fact and terms thereof and the tenants) or occupants shall be disclosed pursuant is to STANDARD D. If occupancy Is to be delivered before Closing, Buyer assumes all risks of loss to Property from 67 date of occupancy, shall be responsible and liable for maintenance from that date, and shallbe deemed to: have ea accepted Property in its existing:condition as of time of taking `occupancy. or 7.� ASSI3NABILITY: (CHECK -: ONE) Buyer 0 may assign and thereby . be released -from any: further liability 7a under this Contrail, ❑ may assign but not be released from liability under this "Contrail; or [I may not assign : » this Contract. I IF 72 FINANCING 73. F& FINANCINGst. I 74• ❑" (s):Buyer Will pay cash or may obtain a loan for they purchase of the Property. . There Is no financing:; 75 contingency to Buyers obligation to dose. �e• ` "IM (b)-Thie Contract is contingent upon� Buyerobtaining awritten1oan commitmentfor:a.® conventional IMF FHA 7r ❑ VA loan on the following terms within blank, then 30) days after Effective Dide. {`Loan 79� Commitment ,, Date7 for. (CHECK ONE): Mr fixed, adjustable, [] fixed or adjustable rate OF :In ae• the pFincipai `amount of $ `69.2ti0.00 : or, 74oM % of the Purchase Price. at an initial interest rate:: eo• not to exceed % (if dank, then prevailing. rate bated - upon Buyer's cxeditwbolness), and for a ar ..term of 130 years ('Financing'). ar Buyerwili make mortgage loan appllcetlon for the Financing within =# (iieblenk; then 5y days after :; " a Effed:iye Date;'and "use good 'feithFend diligenteffort 6 obtalme written loan ,c ommitment" forthe Financing_.= NO 84 ('Loan `Commitment ) and close this Contract . Buyer. ahad keep :Seller "and Broker fully informed about ` as , the status:of mortgage loan application and Loan Commitment arxi:authorizes Buyers morf8age:broker and ee 8uyers ,lender to disclose such, and progress to Seller. :and "Broker. ar If Buyer does not . receive Loan Commitment, then Buyer may terminated Contra ct "by. dolivering written ' ea notice to Seller, and the Deposit shall be refunded to Buyer, thereby releasing Buyer end' Sellerfrom aA` w further obligations under this`Contrad 90 If Buyer does not deliver written notice to Seller of. receipt of:Loan Commitment or Buyer'wWritten waiver of er this .1nancing contingency, , then after . Loan Commitment Date Seller may terminate this Contract by az delivering written notice to " Buyerand the " Deposit shall.be refunded tb 'Buyer, thereby" releasing Buyer and e6 Seller:from all further obligationsunder'this Contract. 11 ea 1 1 q . If Buyer delivers , written,., notice of rsoeipt of Loan Commitrnerd to Seiler and this Contract does not , re thereafter dose, the Deposit shall be paid to Seller, unless failure-to close_ s, due to.r (1 ) Seller's default~ ; ee (2) � Propsrty related. condidonsof the eLoan C.ommftment. have not been ,met;(excaptx;whemsuch :conditions se : insufficient to meetterms of the Loan Commltmtmt,,� uydsIer's lender is er are waived by other provisions of�this Contrad) a be returned to B er�ere tele y miler n which events the D sit shell II axing B dal failure of of the :P obtain�t b B or (4) "the loan is not`funded" due . to fin u ee . Bu era ie � O epo _ uy , " by yet and 3aller 100 from all,further obligations under this Contract. nor (c) Assumpdon of existing 'mortgage (see rider forterme). nor � '(d)` PurVchase money note and mortgage to Seller (see riders; addenda;:or special clauses for terms), Buyer's InWee Page 2 of 10F . Sellers Initials .� . FlaldeReallorslFlorldaaar-A318-1 Rev: 81 0 ® 2010 Florida Reaixma® end TAe Protide Bar. ,AU rrplgs reaenis0. ; in r' _ Ad n 103 n An n :CLOSING COSTS, FEES AND CHARGE8I And toe `9. CLOSING COSTS; TITLE INSURANCE; SURVEY; HOMEVARRANTY; SPECIAL ASSESSMENTS• for (a) COSTS TO``BE PAID BY _SELLER: Documentary stamp taxes and surtax on deed , If any I Is HOAICondominium Association estoppel -fees • Owner's Policy and Chargeollfparoomph 9(c)(i) is checked) Recording and other fees needed to cure tide • Tide search charges (tf Paragraph 9(c)(111) is checked) • Sellers attorneys' fees • Other: loon ej, if, prior to Closing; Seller1s unable to meet the AS IS Maintenance Requirement, as required by Paragraph• 11 - .107 a sum equal to 125% of estimated cost to meet the AS IS Maintenance Requirement shall be" escrowed V 108 Closing. . If actual costs to meet the AS IS Maintenance ,Requirement :exceed escrowed amount, Seller shad toe. paysuch,actual costs, An unused portionof escro�n ed� amount"shallbem ' retuedto. Seller. - 117 (b) COSTS TO BE PAID BY BUYER: Taxes and recording fees:on notes and mortgages • Loan expenses Recording fees for deed and financing statements • Appraisal fees owner's Policy and Charges (11 "Paregrsph 9(c)Me Is checked) • Buyel's Inspections , • Survey (and elevation certification, if requlred) , • Buyer's attorneys' fees • lenders title policyand endorsements • All property related insurance. HOA/Condominlum Association:appacationitronsferfees An • Other. »• (c)71TLE EVIDENCE AND INSURANCE: At least %(if blank, then '5) days- ;prior. to Ckxting Date, a tide 112 Insurance . commitment Issued by a Florida licensed title Insurer, with legible copies of= instruments " listed as 119 exceptions attached thereto ('Tale Commitment) and, after Closing, an owners policy of title ineurence (see 114 STANDARD A for terms) shall be obtained and delivered to Buyer, If Seller , has an .owner's policy . of tide , 113 insurance covering the Real Property, a copy shall be furnished to Buyer and Closing Agent within 5 days after 11e Effective ' Date. The owner's tide policy premium and " charges for owner's`policy endorsements, title search . »� and closing services (collectively, 'Owner's Policy and Charges•) shall be paid,< as" set forth _ below %lis CHECK ONE): 11e• m Seller will designate Closing Agent and_ pay for Owner's Policy and Charges (but not includ ng charges 120 for dosing services related to Buyer's lender's policy and _ endorsements and" loan dosing, which amounts: ; 121 shall be paid by Buyer to Closing Agent crouch other providers) as Buyer may,:select) ; or 1226 ❑ [m Buyer wig designate Closing Agent and pay, for Owners Policy and Charges and charges fordosing 123, services related to Buyer's lender's policy, endorsements, and k)an closing, or 1xa• ❑ (ii1) (AAIAMI-DADEIBROWARD REGIONAL PROVISIONj: .Seller will famish a, copy, of a prior ownees policyI Ad , . 125 of title insurance or other evidence of tide and pay fees for. (A) o continuation ornupdate of such title evidence, which is acceptable to 'RBuyer's'� title Insurance underwriter fb reissue Inc,of. coverage; ,(B). tax search*, and 1x+ : {C) munidpol lien search. .Buyer; shall " obtain and>pey. for• post Clos1% continuationdand prerdum for.Buyees 1e owner's policy, and If applicable, Buyer's - lenders policy: seller shell not be' obligated to pay "more ' than 12V $ Of blank, $200.00) for;abstreacondnuation or title search .ordered or perfbrmad by Closing 11 1 Ann 1ao Agent. 131 (d) SURVEY: At hat S" days prior to Closing, Buyer may, at Buyers expense, have the Relit Propertysurveyad 132' - and ce(dfled by: a "registered Florida surveyor rourvev7. If Seller has a survey,. covering the,:Resl "Property; -a 133 copy shell be furnished to Buyer. and 'Clostng Agent within S. days after "Eftedive; Date , 130 (s),HOME <WARRANTY* At Closing ,. ❑❑ Buyer dC] Seller ® N/A will pay fora" home- warranty plan issuediby' 1356 A Aq000000 Company of Buyers Choice ata cost not -to exceed $ In I800.00::A home ;. :1.3 e warranty plarl" provides for reps r' or replaceme'nt 'of manY:of a home's medranicalsystems>and maJor 'built ln . - 13appliances in the event of breakdown due to normal wearand tear during the agreement's werrenty.period. In (f) SPECIAL ASAt tic rid g, Seller W10 pay: (i) the 'fuil amount " of liens imposed bye " publ6 ,body 139 ("pub"lic body' does not1ndude;a lid or : Homeowner's Association) that " are, c i0ed, contlmnedrend I An 140 retitled :before Closing;,•and " pi) .the amount of the public bodys most recent estimate" oc " assessmI T for" an 141 Improvement which Is `substantially complete aS 'of Effective ;Date; but Ghat has not result 11 1 ak:len being 142 krlpOsed on the: Property before Closing. Buyer will `pay as other assessments.,,.ff special assessments may: 14bepaid In_Instaliments (CHECK:ONE). 144• ®' (a).- 8eller=shall pay - Instellments. ,due "prior to .Closing and _Buyer 'ehsil % 000hstaliments due after id$ % Closing. instaiiments prepaid or due for the year of-Closing sha0 be 'prorated., 14V ❑'-:(b), Setler" Shalfpay We assessments) in fuif prior to or atthe time of Cldeing 147 1F, NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED; 148 This Paragraph 9(1) shall not apply to a special benefit tax lien imposed by a community development disbict 149 4 n I. n (CDD) ;pursuant to Chapter 190A n F.S. which D11 en shall be tIL reated as an ad valorem tax and proratedI pursuantto Iso STAN.DA�RD K 4FI II 1I 1 i I I. jA AI ItI nL InA ` " ! e„yera Initials . 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Fy — m .. v; th $ ov wS 'i do , ; r gorsIF a: 'E > E, s = a . � p w , . w z. m ° Li: F ° a IF $ E "a MPM - ° is - 1 In IN ; "$ "lo =o , , c " a .�swV 3as ,.. ,` $ - � . dZ �. - . ° p o m °'a 4 ; :. mac c . ._ uf; 0 � ,W , opQ � c " '+� , p � ' , m o m . oly Enk Q ; Ed an :AMMP In o S . m ,�.1HFk- Z $ a a ' O >.IV °°. c $ �- m m ra ,:E ,� Flinn , C'? v" - , m . m - ,e . �a o w 4 c q os ; - � . "" IN IF �' as �- m 5 o o } � iY c ,oC _a c - ,� '— c .� - 'w 4 Q a.o °DInInI In E — . ," '� ug +� O tl. Lu ._$ a ` . 1 , p ,iLtL "di0. � ` ° � - � tlC - � 4 o ° . ' r FILL O ° oro mOO o�� IN w . w . CD: o � E � r IN :, ; -i zf : �=m O -m tet:� . .° . Z m O '- M pC Lr:o q 'GC o . i V w S° c t v} m '" ` : �> .0 : . LLIn �T o t� : 17. - In n _ , �au. . N ° jamLU :L° ..i Extoyeto "o r � atJ. pM at m0 c o m � Q. �- ;o � lti � � oc� Fla a � > w +a � In ZI : - .- r^ - 1>r" tat =. . .� .+ its ... �v 4 G. GLL .. c m V I to ir` WIN r 4h1 mIII IF 1. ryry pp ��pp ��pp 11►► ��pp m p O p r N W �p O • pp ' h' OI O �+ N p O '. .0" 00 pr ppppb� pp 1pp app 3 O irN -14 N W O- m �:� � .- ,� - � :� F :A - P 1+ R � �P - h 70 m O � , ae O m P O OI� � O O _P m N �V '-- NN R mY. . . t• r r 'r r r rte• r r - r r r, r . �- r r r -e- r r r r IV ,r, r - e• r r r r r r �: r r '- i7 r r r r r r el �- -r r . _ .. - E` h - - i _ . . — — . p . - _ .: n kenv — - — " No old I dool dol IV ANN Zoe (b) WALK-THROUGH INSPEI 'mCTION/REdN8PECTiON. -On the day prior tNot, o -Closing rd IN I v tate, or dh Closing Date prkn . 11 Al on I 1 . zro to ;tame of `Ciosing, es specifletl by Buyer; " Buyer or Buyer's representative may pgrFdon orm a walk through (anti on � : " toAow•up vYalk-through, if-necessary) inspection of the Property soletyb cbnflrm that ail Iterii►s of Peraon� It z!2 t?roperti►l no , ara on the Property and toverifythat Seller has maintainedahe Property as�required'on,by e ,Ithe11 % 11 AS IS° in - z�a % AAatrtenance Requirement end " has metati' other- contractusd obligations . % 214 (c) SELLdon ER : ASSISTANCE AND COOPERATION 1N CLOSE-OUT OF BUILDING :PERoldMirfS. :If Buyer'sli xra inspection " 'of ahe 'Property, idenes open or . needed buiitling permits, then " $eller shalt promptly deliver to old 9Y I oldzea, Buyer alt: plana, written documentatioilon o% r 11 other ,'lnformotbn in Seller's: possession, knowledge, Cr kid cAn#oi relating to ;improvements to the ;Pro%perti)► intik ' are ttie subjact:of such op+exdo,l cr needed Parrniontots, and shadin 1 INzle promptly cooperatel' ln good faith ;wlth .Buyer's efforts, to obtain :estlmetes of repairs or .other work necessno aryon to ria resolve such Permit issues: Seller's oallgationI ' l, t%o coop ate' shall Include Sonet$` execution of necessary sae authorizations, consents, or other docum66 ents necessary fo% r Buyer to conduct Mspedbnsand have estUnateA, 1 . 61s1 older = �, of such repairs orwork prepared, but in fu�illing such ,obligation, Setle�r shall not be requdo ired to extend, oknj r on 2n become:obligated;to expend, - any moneyon 6 no. T2s (d) ASSi�iNAA1±NT OF REPAIR ANDTREATMENT" CONTR/CCTB AND Wnkyr 4RRllNTitB: At%Buyers option andoto ,klit In 61 6 to IN I let , xie crost " " Seller wilt, at ; Cbsing assigrr,all assignable% ,repair, treatment and ;maintero nance contraas eI %N1nd wantianties to BayerNod " IN: d In,1; 62116 0 ESCROW AGENT AND" BROKER61 1 err I % ESCROW -AGENT: Any Closing" Agent or Escrow Agent (collectivity "Agent`) receiving the Deoosit,o , In- other funds" no M and other1orns is4uthoI Inrized,,'and agrees-by acceptance of them , `tonodeposit'them IndproiTtpdy; hokt "same in escrow K within ;the State of Florida and,, subject-to COLLECTION, dlsburse them in accordance with tears. and conditions, , o of,thtsIIContract F1 1,ailure offunds to- bIt 'ecome COLLECTED shall not� excuse;Buyer's 'perforrnale nce: When conflictingI 1 do 2�1 % demands for;the„ Depoeft 'are 'received, or Agent has a good faith `doubt .as to :entitlement; to the. Deposik Agent A noon %232 ,may:take such ao. ct%ions. permitted. byIthls ParagrapW13, as':Agent deems advisable. if in doubt as to Agent'sknee duties ; no In zee �or Ilabil tlIas under'thiCContract; Agent may, let Agent's option, continue ,to: hold the ,' subject mattar: of;the escrono w . ; Until parties agree to, its :distiilrsement or"0until a final judgment ofra court oneof car►petentrjurisdiction shall , end 1 .N Noonxra determine"the rtgttts ;of die parties, or Agent'may depoeit same with thel clerk oft did de court heeding jurisdiction z z2s of " the'" dispute. An attorney who -represents. a partynn and alsoo ads ss Agent may , represeon , ent such' party: n osuch 2V action . on I iJpon notifying > Wi parties concerned of such , ection, all liabItty on tlte_part of ,4gent shall fulty tertrllnate; zee except to the extent of accounting ... , any, items;prevlously delivered rout of" escroyv:: - ff a 'licensed :real estate sse broker,, Agent will- compty "wioi provisions of Chapter 4T6, F 3. , as :amended and °FREC rules, to._ti%Nomely °resolve . - , 240 - escrow . disputes , througl no h mediation, ertiitratian, interpleader or =an' escrow disbursem% ent ; order; oil 241 Any proceeding between Buyer and Seller wherein Agent is made a" party because of acting as;Ageno I t :hereunder, " 242 or in any proceeding where Agent interpleads the .subjedomatter :of` the,�escxow, Agent . shall recover reasonable " ' las, attorney's;"fees . and' costsAncurred;`, to ba - paid pursuant, to court order "out`No . Iof :the escrowed funds orequivaleM: 244 AgaM shall "not be liable to any partyNor person for mis-delf�ery of arty escrowed'items, unless such; mis-dalh+ery is 11 no don 1 No oil24a,> ; dInIn ue to need Agent's witlfuiy.breacNo h of this Contract or Agent's groNo ssNine 61 ` nidoegligenca�:-This Paragrapl> 1'3 stuali survive CursingNe zee onto ' dInatiomofthisContract: on okI ll 1 % n I 'd%4o PROFESSIONAL ADVICE, BROKER =LtABILITY:; Broker advisessBuyer and Seller to verify Property conroedition, 'Nono ' t I11 1 zea". square footage, and all other.fads °and representations mIn , ad%e puesuent to this>Cpntred andll No to %con8uft alookppr no nate `` a4sI one professionals for:legal tax, environmental; anti other speciallmledvice coriceming 1 No matters''af feising tire' Property;- don 26a . and the trar>saction contemplated by this Contract ;16 Broker repr16%esents to Buyer that Bl nroker does not reside on the - 261` , Property 'and - that %aiCrepreSar talior Ions (Orel%; written onotr 'othervrisa) .by' Broker ara, based on SI 'deiler ,rdonephiseritations a ,', las public recoMs. . BUYER, AGREES °T0 RE1� onLY SOLELY ON SELLERdone,Nor . PROFE8t310NAL iN8PECTORS AND ' ; zdo I � . GOVERNMENT , AtiEeLd'NCtE8 FOR' VERIFICATION "OF PROPERTY CONDITION0 SQUARE":FOOTAGE AND ` =4on FACTS THAT` MATERIALLY AFFECT, PROPERTY VALUE AND, NOT ON THE."REPRESENTATIONS, (ORAL. N roe 265 WRITTEN ,OR OTHERWISE) OF ; BROKER >Buyer.and Seller - (indlviduaIly, the "indemnifying Party each' 2se Individually , indemnifies, holds % harmless, and releases =. broker - and- ' Broker's " othcers, "diredora, agin ents and ; ' " 2sr 11 employees from; all " liability for loss or damage, including all ' oosts and .expanses, and reasonabl0 attorney's fees 2so - %at all levels, sufferedtior Incuired by -Broker. and Broker's officers, directors, agents ,end% emp�yees in conneciOrt * ` with or arising<f < Netcleans, damarids' o% r causes of action Instituted by Buyer or�Se�er based on . ,(1) inaccurecy of - 2so . Mformation provided�by the Indemnifying Petty or from .public records, (fi) ,Indermp fy ng Party's misstatemen % Ints) or ;61, " 2sr : failure to el"pe61 rform contractu1, to Yetal oblig1, 11etioris; (iii)` Btroll, rcker's, perfo11 6 at Inote % demnifying Party's request, of any'task ' aa2 beyond the 1 old. scope of services " regulatedon , , by C66 ,hapte'dor 476, F Sd 11 : as amended; inducting Bracer's `referral, do<1 IrecommeriNotdatioWNor. retention to n of any vendor f% or, or on be61 half of, ind�roemnifying Party; (lv)��pI o ' I', k:es = �a provided by:;any such ven% dor for, or on behalf N�lof Indemnifying �Party; and (v) expenses Incurred by " any sneeded, uch ' les - nn vandor.. Buyer, and�Seller each assumes toll rasponsibiiity for selecting and compensating their respective vendors see and.`payin8 their other costs. urlder this Contract:wheth�r or. not this trensaction closes This Par6. agraph 14 ,will not : " . to on relieve Broker of""stitutor r 11 ,9biliotioft under; Chabe pter" 47511 1; -F 3. , 'as ,amended: For purposes of this; Paragraph 14, .16 n do or r Buyer's Initials _. �_q) J:,: do J Page 5 of 10 Sell1 1, 6 Initis fm dl� FlaNiaReallore/FlorldaSsr�ASWI Rev. 8110 9;2010 Florida ReattorsiID.end The Florida Bar. Ap AphtB reserved. , - s , . . . 20an Broker will be treated , as a party to this Contract. This Paragraph 14 shall survive Closing or termination -of this 289. Contrait. I AmDEFAULT AND DISPUTE RESOLUTION zsj, " 16, DEFAULT: V2 (a) BUYER DEFAULT: If Buyer .fails, neglects or refuses to perform Buyer's obligations under . thie Contract, r>3 including payment . the Deposit,; within the dme(s) . specified, Seller may elect to recover and .retain the : 2,a Deposit for the account of Seller as agreed upon liquidateddamage consideration for execution :of this VsContrail, andk in full settlement of any claims, whereupon Buyer and' Seller shall be relieved from all further- 27s obligations under this 'Contrad, or SelleratteAer's option, may, '. pursuantto Paregnaph ' 16, proceed inrequkyIN zn to enforce Seller's ;rights under this Contract. The portion of the Deposit, if any, : paid,. to Usting Broker upon 276 , default by. Buyer, shall be,' splft equally between -Usting Broker and; Coopomting - Broker, ,provided however, V9 Cooperating Broker's share shall not be greater than the commission amount Listing Broker had agreed to pay ' no to CooperstingZroker. ern (b) SELLER 'DEFAULT: If for any reason other than failure of Seger to make Seller's tide Antarketable after zex reasonable diligent effort, Seller fails, neglects or refuses to perforin SeWs obligations under this Contract; 20 Buyer may elect to receive return of Buyer's Deposit without thereby waiving any action>fordamages, resulting =4 from Seller's breach, and; pursuant to Paragraph 16, may seek to% recover - such damages or seek specific 265 performance. This Paragraph 15 shall survive Closing or termination of this .Contrail. 2es 16. DISPUTE RESOLUTION: Unresolved controversies, claims and other matters in question between Buyer and 287Seller arlsing out of, or relating to, this Contract or its breach, enforcement.-.or Interpretation. ('Dtputep) will be M settled as folk►ws: 26e: (a) Buyer and Seller will have 10 days after the date, conflicting demands for the Deposit are made to k attempt to leo resolve such . Dispute, failing which; Buyer and Seiler shall submit such Dispute to medwdon under 21h, Paragraph 16(b). . (b) Buyer and' Sellar shall attempt Weetde Disputes`in anramicable manner througKmediation pursuant'to Florida: 20 Rules for Certified and Court,Appointed Mediators and Chapter 44, F.S. , as amended (the Wediation . Rules7. 2" The mediator must be cerdfled or must have experience. in the reel estate Industry. .;.Injunctive, relief. nay beIN Zea sought withoutflrst complying with this Paragraph 16(b). Disputes not settled pursuant to this -P% aregmph� 16 les maybe resolved by Instituting, action In the appropriate court having�Judediction,oftlhe matter TFiis Paragraph 16 2er shall survive Closing or termination of this Contract. 2es 17. ATTORNEY'S FEES; COSTS: Them parties will split equally: any mediation fee incurred In any mediation permitted �e by this 'Contract, and each party will pay their own costs, expenses and .fees including attorney's fees, incurred in : ' . 200 condudingAhe mediation. In any litigation permitted by this Contract, theprevailing party shall be entitled, to recover from the nonIN -prevailing party costs and fees, including reasonable attorney's fees; ncurred in ,conductirtg 11 11 ace the itggation. This Paregreph :l7 shell' survive Closing or termination of.this Contred: . STANDARDSFOR REAL ESTATE TRANSACTIONS ("STANDARDS") as 16:_ STANDARDS: sob A. TITLES _ 30s (i) TITLE EVIDENCE,z RESTRiCTIONS1 h legible oopie LIMITATIONS: Within the time period ,provided in EASEMENTS soy Paragraph 9(c),4he 71de Commitment, s of instruments excepdons., attechad thereto, shall,A, . ace be 'Issued and delivered to Buyer. The Tide Commitment shall set forth `those matters to be disdlarged` by Seller at or 366- before Closingsnd shall; provide that, upon, recording ofmthe deed to Buyer, , an owner's policy;of title insurance� in the :• s10 amount of the Purchase Price, shall be issued to Buyer Insuring Buyer's marketable tide to the: ;Real Prziperiy;. . 511 subject only to the following matters: (a) comprehensive land use plans, zoning, and other, land use .restrictions, 312 prohibftions . and=requirements unposed ' by govemmentel authority; (b) resMilions°. and =matters appearing, on the Plat ala or otherwise common to the subdivision; (c) outstanding .oil, gas andminerel rights of record without right of entry; 314 (d)> unplatted public utility easements of record (located-oontiguous to mal , property lines and not. more-than 10, feet in 316 width as to rear or front line and 7112;;fest• 1n width as to side .Items); (e) taxes for year of Closing : and subsequent : 316 - years; and (f) assumed mor�ages and purchase money, mortgages, if a%ny (if additional items,. attach addendum);:. 317 provided, that none prevent use Of the"Property for RESIGENTIAL`' PURPOSES. N dleresexists et Cloah any ale violationc of kerne Identified In (b)�- (f) above, then the Atme °ehall bwdeerned ' a tile , defect. Marketable tide4hall " b1I e a16 determined�according to applicable Title :Standards edopted by authority of"The Florida Bar and in accordance $1 Kh A = law , 321 (i� TITLE EXAMINATION. Buyer shall ' have ti days< after ;receipt of Tile Comem*ndr t ' to examine it and notify a22 Seller In A , fying �defect(s), if any, that render title urunarketabie: .lf Seger: prome vides. Title Commitment and :k ata is delivered to 'Buyer less than ,5 ,days: prior to e Closi� Data;, Buyer may extend Closing ,.for up',to 5 days after a24 date of receipt to examine sameein aocordance v th '` this STANDARD A. . Seller shad �hava' 30 days .('Cure 'Pertod ) 32s after receipt of Buyer's ,notice klo take, reasonable diligent efforts to remove ; defects. ff Buyer fails to sorno*.Ny ,cSeUer, ` Buyer steal ee , , to have accepted . title as it then is: ` If Seiler; cures defects within" Cure , Period, ,Sel16r .wilt ' . . _. Buyer's-lnitlals Pages of 10 Seller's Initials; F1oAtlaRealro�sJFlorld. . . .. , . ,A51S•1 Rev. 8110® 2010 Florida ReaQoraG and The Florida Bar. All eft reasrved. IN IF nee Q. . leikeFIJI In I Ink me ,I Ilk . " • " . , s� STANDARDS F 11 1OR'REAL. ESTATE TRANSACTIONS "(CONTiNUEQ} A , d deliYIFFer written notice to kBuyer .,(wth " proof of ,NI INAcure acceptable to Buyer, and -Buyer's" , attomey) and "th%e panes will AN sze clI Free ose this Contrail" on Closing Date : (ar (f Closing ,Date" °has pass�i; within 10" dalj%ys after Buyers" n�ceipt of; Seller's" iso notice) Ii, Seller is unable to sire defects within Cure `P on Buyer may, witt In 5 day11 s after expiMi%ch of Fee ss� Cure Period, deliver wfittan notkxt to Seller (a) extending Cure PeriNFN od for:"a specified period In I not to exeed 120 daysez In �111ss� " W" which 66 1 ell,Seller shall continue to useIlk ; reasonable diligent;effort 2to. remove or cure , the defects:. (`Extended Cure Peri 101ll�1 or (b) electing to.accept title with=+sxistirrg defects 6 .and dosIlee this Contrail on1 . Closing Date (or if. Gtosing Oats % 1 Ile Ilesea has ' passed. withiIn n the earlier of 10 days after end of I=xtende%ezd`Cure t�eriotl or . Buyet's: raecefpt of Salters notfca), orIn MII IN c :elactin = to terminete: this Contrail :and receive` a refund of the Depoaft, therebI1 y releasing :Buyer and Seller from ( )- g N1%INJ1 Arne NnInnI Bas ,ail further obligations under this; Contract ' If 'slier reasonable diligent effort; Seller is unable Wtkneiy cmre defects, ssr ,- -and'= Buyer" +does not waive the defects, this °Contrail shalt thtminate, and Buyer shall receive a `refuru! of the DeleNe posit, ass thereby releasMg BuyerSard Seller from" an furtFier obl(gations under thIFee (s Cor+ba+ct sss B. 8tIRVEY " K : Survey, discloses encroachments on the • .Real Property%IF1F"I o. %1 ` that "imprnovements II5nflcated thereon IF sac "encroach" on "setback " lines, easements, or lands of"others; " "or vidate any " resMctionsI1, , covenanss; " or- applicable Fee say govemmerttal regulations described In; STANDARD A (i)(a), (b)Yor (d) above, Buyer shall deliver written notice of such , Bas : mattere, together"ewith a copy " of. Surrey,, toII ,ANSeller w1tF►in f5 days aft er: .t3uyer's.;recefpt of SurveyIIF I , .but no 1%1l nI,n F,I a I ,N .t,,- NNnFe�� 1 I' r parr sae Closing; of ,,Wyer`timely delvers such notice and .eSurveyto Seller,- sad% matters idened in .ahe notirs and : Survey 3WI1II 1 I1INI II II %n FF,en1eII, 1N 11 II eI, .K''n1ININ%III % IInN II_1F ee IIF NI1W.I1l IIN eeI FrNI IIlIkFn NI erA IlI11 1N 1Oo I IIF InN Baa ,shall oonstttute " a title defect, subject to . cure obligations of ' STANDARD ANabove. H "' Seller has delivered a" prior 3" survey,, • Stiller shall; at 13 ale request, execute an affidavit of "no . change"• , to the Real Property since the ; , say preparation of such prior surveyW the extent the afflrmations.therein areetrue and correct. . say C '"1Nf#RESS AND .EGRESS4 Seller" resents that there is.ingress and ,egress to the Reap Property end title 34theReal 'Property Is Insurable ln , accbidance with>STANDARD A;without exception for Is ck of fegaI right of access �•. NOD = LEASE$ Seller shell;- within 5 days after Inspedlon Period, famish to Buyer copies of` all written leases and 956 " estcppei: letters . frnm each tenant specifying nature and duration of tenant's occupancy, rental"', rates; °advanced runt ssiandsecurity deposits :paid by, "tenant, and • income- - end expense tatements" for .preceding 11 ' months " ("tee" 9 infonnalion7. If- Seiler Is unable to obtain,estoppel letters frome tenant(s), rthe~soma Information shall "be fumistted by rI ear ,Seller to Buyer within-<that time, period in ;the form of a tSeWsr affidavk-eand Sayer ymay thereafter contact arit(a sari 'to "confirm such information. If "terms of tide- leases) differ materially from Seller's representations, " Buyer may delver" 955 written - notice" to : Seller .within 5 :days after .receipt of Lease Information, but , no later than 5 .,days prior" to ' Closing ; sae Date," "terminating this Contrail and receive a . refund " of "the" Deposit, thereby releasing Buyer and•: Seller from ;all W further obligations under this `Contrail seller °shall," at Closing, dell or and assign all; original leases to Buyer .wtio sss shell assume Seller's obiigationthereunder I , sae E. <UENse ; Seller ; shall:, fumish to Buyer at Closings an affidavit reattesting, - (t) . to the absence of, any financing sE0' statement, -claims of Uenlor potential lienors known to Seller, and " (ti) tt�t'there have been no" Improvements}or. repairs sal to the RealProperty for 90 days; immediately" preceding' Closing Date. 1f the Real Property has been Improved or sae , repaired 'within: that time,.. Seller still deliver releases, or waivers =,of constrvctton lieM executed .bby all egeneral w3 "contractors, subcontractors, suppliers and " matsrislmen `in addition to `Sell ,,'s lien affidavit setting forth names of, all Sea such general contractor ,- sutscontrecWrs, suppliers: and materiatmen, further attuning ;that all chs"rges for sae improvements or repairs which could•°serve as a 'b1 for a construcion , t0n orva claim for demages Have been paid ass or will be poid at Closing • , " F :TIME:; Calendar days shall bwusedan computing time •periods ,Any time ' p - do" provided toren this' " Contract sss which shall" end on a Saturday; Sunday, or a netkmal legal holiday (see 5 tJ :S C 8103) 'shall etcten`d to 5:00 p m ti Sas (where the Property is located) 'ot;the next business day " Time is of ah0 "ence' in thls Con#tact: " . sto t3 ; FORCE MAJEURE . Buyer or Sellerashall ,not be, required ,to performF;. any . obligation, under this ` Contract`or be .fir itabie o each other for- damages so long as performani or nori aerfoRnance .of the olsigation° s ; detayed,t csaased or sri " prevented by: Force „Majeure. 'Force =Majeure': means: ° hurtk;anes, earttiquakea, floods, fire; "ads ” of. God, unusual sus transportation delays, wars; insurrection`s, acts of terrorisrrr, Nand arty other "cause not ; reesonatily wi4hI ccntrot of au. ;Buyer;or Seller, :and which; by exercise" of reasonable diligent effort, the " non-pertorml6g party-la unable'Ih whole or in z. spa part to. prevent or overcome AII'.time periods, including Closing Dates will be extendetl,for. the• Period that the ; Force see; " Majeure prevents performance . under this Contrail, provided;, however, ,tf such, Force'V4jeure` cont1n0e6 .to prevent m . pertonnance under ,this Contract more .athan 14 days beyond closings Date, then either " party may terminate this spa Contrad" by delivering written notice. to file otherand the Deposit hall" be refunded toxBuyer tharetiy teleasing4BuYer 379 " and Seller from sli,furttier obligadona undet'this. Contn&&- ` neo Ft. CONVEYANCE. ' Seller shall ,convey marketable "title" <to the Regi Propertyr by statutory warranty, ` trustee's, I1.d1 s, personal representattve's, or,:guardlan's deed, tie appropriate to the status of�Seiler, subject only to matters described Il IIF 11 I1n ll aez in STANDARD A and ttiose;accepted by..�Buyer Pergonal Property shall, at ;request= o( .Buyer; be trensferred ;by ' sae absolute bill ofsale with, werranty;of tide; subjeil only to such 4mRMM as may be provided tonin this. Contreil. 1CFII' II In lN 11, IF I "I % N11I1I14�A 1r,n, 11kIvII r L -";CLOSING LOCATION; DOCUAAENT8, AND: PROCEDl1RE:" " Sea (i) LOCATION Closing",will •take , place h the • ,,county ` where the Real Property , is located; at the ',: office : of the Sea attorney " cl ng , `agent %rClosing Agent") designated y the r party paying for the ; ;owner's policy of titre ." rFn IINI FlorideReallont/Fb; , r ASIS-1 Rev 8It0 `;Ppe T of 10 r Seller's' Initlata . B s Initieis 2oio Flddda Reellora® end The Florida 9er., A11 rigMa raseMCL - - - r-- IN O: , - m Rro ' a < `'`� ' �en ;, O „ended r mS '�� ° . ' iA c 0 m ” " '�y '� c o . 's 'O• .c m16�IF' -� c m` mom � I eeltS r ,Fee . �.• o c c . m o. - . 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" �i t u% $ O3 � 1 11 , � _ NO ( ^ 6w $ •:� ; '� ` ', ' O O t�6 T ca r .It . ; m Z` .m � 7 , � J o .t " In IN 10 -� I . , to Id r O` 1DIII, , ?+ � . m O of 3 >.' °� ¢ C': E a r O p :a ' +wC OO . � t0 G m b . � .. O ems m a W �-' o o f "'. �. a o '`ID mL. I Feer , ez d;N o _ ' C . (�_ c 'a >o a V Z . o W;, c� O G o oedo � ss ' � a: , Ec: v. . ma mLie r r s r. c q1 c c — : 0 Ades - ii sE• L •� 0 >► o I 'rIre �1 w `$, � L W - m , � �cl = O ! O 7 O " �` m s C ' O C t D . " tJ $ 0 ; 1- NYp � om �► IN led:�r xc d, m< o , � c' ," ; 3 0 °+� g . c . a E $ c �' c $ ca �.. g cmamI,m dm; 'Q ,Q $ s - , � IN d ., o Y °0 4', c - a �. :m ro .c O =1 � .. � E :• . a — a ;Free ro g o c, F- p - , � m >. . . , >; Y g . c - m t p ~ 3,,. . '-' ° m W m m L 1-� o ' . r�. c WOOD c, cM _ �a+ tIn c o ', i `�3a11,45 NoyaW' ° - IN; _ Q o ''$ 3 �', 0 � : Lr IFNI F% ;� °:� . : . 11 ' N, tNI NO AIX red, 11 y IN did NE Find I NEO go iso a i� lenI $julk OF IF 4 Re SS � + Need I re end d d ,, . Irj� ,�: :@ � Z ' 3° ° m m �, a a 3 ' a o. g a'= •;ti ; 3Q t , 3. �� � m �, 'c 'c be I Free", aro °� V . oI Meese 11 =0 coo 6 , p c d �. ti `.; v . . ,In 1 ' Z3 c , a- cm , m cm >F. , cW , p — V . oav : Y � ;. . , ; �, °' � Z 'S �0IN _, o . `° ' - : Es'' O o a ,� a $ eV a �g'arx . a c �'c�. o . .. � o � = O Q a o . :C9 I�. �In W: e + c =- � "' m ° ab ` .� �t IN be I pC,.m +�; 5 ,$ � — `m c. V i emE S Fee I I IN jr oc � o z3 a . s# IN — m c " o m o am° m � f cc m c ..� m — �:c: o o. ; aa3Zv E 3O c L . s ... c. m.; a r 07 STANDARDS FOR REAL ESTATE TRANSACTIONS (CONTINUED) 40 and one gender shall include all. Notice "and delivery given by or the attorney or broker .(including such broker's real 449 estate licensee) - representing any 'party shall be as effective as N given by on to that -party. Alli notices must sso writing : end; may be made by mail, personal delivery or electronic (including :pdf) . media. A legble faceirhile or , IN 11 , 451 electronic (including "pdP)'`copy ofthis Contract and arty signatures hereon shaD be considered for all purposee'Aas anIN 4a original. 40 P. °INTEGRATiON; MODIFICATION: This Contract contains the full °and complete understanding and agreement 04 Not Buyer and Seller with" - respect to the transaction contemplated bynthis Contract an no prior , agreements or ass representations shall be binding upon Buyer or Seller unless included in°this Contract. No modification- to or change : 486 In this Contract shall be valid or binding upon Buyer or Seiler unless in writing and executed by the parties intended 4sr to be' bound lby it. 4w Q. WAIVER: . Failure of: Buyer or Seller to Insist on compliance with, or strict performance of - any provision ;of "this 4$9 COMMCt, or to take advantage of anN INy right under this Contract,: shall not constitute a waiver of other: provisions or 4so rights. 481 . R. 'RIDERS; ADDENDA; TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Riders, addenda, and typewritten'' 4n or handwritten provisions shall control all printed provisions of this Contract .In cordeti with there: , Na I a3 S. COLLECTION" or COLLECTED: pCOLLECTiON" oraCOLLECTEDp means any checks tendered or received,, ; 4" including Deposits,have become actually and finally collected and deposited In lire account of Escrow +Agent 4a or ClosingAgent Closing and disbursement of funds and delivery of Closing documents mayzibs delayed by , 4e6 Closing Agent untii such amounts have beenCOLLECTED Inn Closing Agent's accounts. _: 4a T. LOAN . COMMITMENT: °Loan Commitment' " means a statement by I the: lender A setting forth the terns . and 4e9 conditions, upon which the lender is willing to make a particular mortgage loan to a particular borrower. IN 4a U. APPLiCABLE4LAW AND VENUE: This -Contract shall be "constnred -in accordance with the laws cfthe State Oil IN 47o Florida and venue for resolution of all disputes, whether by mediation, arbitration-or Iftigation, shall lie in county in 471 which the Real Property Is" located. 472 X. '" BUYER WAIVER OF: CLAIMS: Buyer walves any claims against Seller and,- to "the extent perm/Ned by ::, 473 law, against any real estate licensee InvoMW In the negotleflon of this Contras& lrorany defects or other . 11 4r4 damage that. may exist at Closing of this Contract and be subsequently d/scoveied by the Rinner or anyone N ll are claiming by, through, under or against the Buyer. 478 ADDENDA AND ADDITIONAL: TERMS 477 19: ADDENDA: The following" additional terms , are included In the- attached.. addends and °,noorporsted -" into this =47r Contract (Check if applicable): Ao, Condominium Aeon ❑ IL. RESERVEDR:%Rezoning 10Y. . Seller's.Attomey S. Homeowners' Assn:- 88 " Lease" Purchasel Approval C. Seller Financing ❑ M. Defective Drywall Lease Option I OZ . , Buyees Attorney IN D. Mortgage Assumption . ❑ N. Coastal Construction ❑ T re + P -Closing Approval W'E, , r . FHANAFinendng Control " Line �;Ocaipancy ❑ M. Licensee-Personal , 8 F. Appraisal Contingency ❑:0. Insulation Disclosure ❑ ,U: Post Closing Interest - in Property 'Go Shot Sale � n ❑ .P"`Pw1978 Housing . : . Occupancy " :�[] BB IN Arbitration H. Homeowners' Insurance Statement (Lead ❑ V. Sale "of Buyer's ❑ Other - I. FIRPTA Based Paint) nProperty 13J. - Interest Bsering Acct. ❑ a. Housing for Older" ❑ W Bw*wup Contract ❑ K RESERVED Persons ❑ X. 'Kick-out Clause Ore• 20. ADDITIONALTERMS: Indlan River County Neighborhood°Stabllizatlon Program " ProoeKt , Saled "Addendum N Inn 4ea attached. FHA Rider attached. `ser 492' 48r Will " - W . . 4ee• 4!9' der In . " 4oe. ase• 11 11 in I IN INN I I INN 114 1 N in 49V . I INN 1 .1 491• 49r 4W Buyers Inivals : Page 9 of 10 sellers Infidels; -` 1 . FbrldaRealtorslFl . ;A3[Sol Rove W10 O 2010fFlorids Realtors® and The Florida Bar. '"Ae rights reserved. fWJ` � Ad OR� p a @� g " •� � p " m" %N IV INAd I ,°` m: Fr " ' OW +a zA IN VAN � c a y. � " Ad AN D , - w ri ui' m � ;cb' o A AV yamb�, Cc A Add Om � I IF 1% AdmiAdd '� mi Ad A der, �- ui s. . A LF A 11 Ar I ,-- c � t� E„ a �•I m ^� L ® - �o A A A I, Z A �'A�. rZ 1, A An FALL A F. I AGO Cq l A, I A : A VVV \r, = .- Ar .1 A A 7 A...I A A Ad � .� a - _ - - ' A. 1 t J AN IV w Ad A 01 � ,o AL A W m at o " m ; C K A ' AI + rL � � Imm '>* �," � ,VrAu! �, :00 , ;� o I Lee NO I AM $ n , ea ' .: LAC j CCA ALL Ad IF I AI ANC Wil ,': per, ;�i �7 Z v y omom O :� o . ^< t �" 0 , .0 v p WQANN A _.1 A fs O � m a - 0.m' o m m: jLL m a cmmw , L dd A 10 A I A A A I m 1-': W - O a be g .,g c AN, L, A °� w ro �► � a xIN A o , . ' , time"% WFee I . ' � +�� A, IFLo OS" d c ' � Vi +'�': : A to m ' A AGO 'z A " O u; £ M A FAA AN�I, Atfl � ` Qy ar o c �: a 0 oIL � am m� � $ {� .;" x zw m v, mF. mss m 'coE v e S ' �i w iii j a , a s , m u o".a a w a m'Z i3 1%, w � FF Indian River County Neigbborhood° Stabilization Program Property Sales Addendum This Neighborhood . Stabilization . "Program Addendum (Addendum) is to be . made part of the Purchase Agreement`" {Agreement) dated Novembers 201 . 'betw,een ' Indian . Rive County IF (Seller) and donna Jo Walker (Buyer), for the -,property located at.. 9056 104th Avenue Vero Beach. Florida: ` 32967 (the Property). 1 IFIF The property ;is being sold as part of Indian River County ' s Neighborhood Stabilization Program (NSP). 'Indian " River County (the County), utilizing NSP funding, is .providing second' mortgage assistance financing , to assist Buyer with the purchase of this property. The second mortgage IF assistance to be provided to Buyer consists of the following two "items: IF I A. , " Closing Cost Assistance: F. Indian River ,County will provide Buyer with closing cost assistance in an amount not toexceed ten percent ( 10%) of the sales price of the property. This closing cost" assistance °may be .111 . used to-pay Buyer's recording fees, intangible , taxes, stamps on the note, mortgage title insurance, wood destroying organism ' inspections, ` ap`praisal fees, property survey fees; credit reports, lender' s document :preparation fees, underwriting fees, closing attorney' s : settlement fees, Buyer' s courier fees, prepaid property taxes, , prepaid homeowner' s insurance, prepaid flood" insurance, and. any other fees includedx`on the HUD ` closing statement for -I property agreeable to both `Buyer and Seller: BeIF iF Gap Financing Assistance: n IF Indian River County will. provide an amount equal_ to the difference between the sales. price of the . property, less >buyer , contribution, and the amount- a mortgage lender, approved by County, selected" by Buyer, has committed to loan to Buyer for the purchase of the property through a thirty (30) year fixedL rate conventionit.first mortgage utilizing the property being acquired as collateral . The ` amount of the Gap •Financing Assistance may not exceed an . amount equal" toq thirty-five percent (35 %):of the sales price of the property. Seller's Initial . f" «'; . .` B'uyer's Initial � � y , All' IN D a of �: . '.e , � , o , I IN � da :e .ex � , � �° " " IN In v - .0 - � `. b - v� a m . . ' I Ir, ord , I1% re I %Go 11 IN , ID o W E ' 'a o _ III ,p I Nr dW Neo ts. ;E o w a a c .�y .ar a�� . m �; cs YIN ^. w rfMc, . 3 p a v WIN, +n � a.. �3 0 w; 3 3 as c U ;e IX IN a In tJ '.. " c a 'o a E ; Iip IN S v �» VA N °°1; 1pa DIV, 0a• •o ° : o IN kdrF o �: >. ;a. E E °� , x 'n `E C o0 w a rd eo « E A �, 'a4 �+ o •o ., U << a su a ,o c�, •1 10 a 4 _°� " 3 w cr u� a w . rd o OQ a� . ..� w m; c�, °`f ... A ., 1:1 Nl� a o „ a a uor '� - 0INC .. �� � E 11 IN �.rdnd IN IN INled r ADD I, I In Go , INN � i �• � -It ih ..y ;41 + ... . y �+ ; - a+ .0 on nN fr o '� 4 i. ri . ;U O ' R. a ' of � y , Cs. o !S In CS. N ran Jan ED S. 4wo AIn ' Nr �"� N . >, . o . °° ; w a a 4D . $, o, 'o aCc a. o . ° pq E w o +? o o a .E �, as .� w ; ,� a a+ Y :°� e, b E eao E ;a. "" u U a.' o `� w :a , o �' eo w : ' •or . '� el IN d 'o : a as 4) rdI Ir rd % o , r 00 .. 0 `4 1.� ' '` .C'i '.O :� V o LC , V �..ri .Ci d > , ' r rrIn 04 a I ... a 4) IN I Isv yy . Iw . �.: b 4) 3 ' 'o .1.' y p �j . as -3 4) ' .0 7 In ;C ' r+ . ba , CS '� y raj •oIwo c . � , . ;o . . ago m o o o, y �,, 'a�. .:,odr o o � : . ` a c it ., ... w a c a a aro *"- v F . �IN . = a z ,.. �..� IN 11 1 za o° ' �' t , d o E ss 4, a.: c w p• U .�, '.c c € o o =' '"` ; o . ''� rI p In IN I ' � rlll rar.s ... m. .In u OQ N WIn Ib IN% - .+o o w Can - . E c �; X , ca " r IN � .� � . �, a, o a .oma .. �, o Cb a >r .. , ` � .a �, ,� : o a o a ..» Dr ra 3 . U . 3 .c . b.- �, a asca I vs In, drw� . IN r ► ar'. obi a a, ° �;. �: a o. , , �+ = :3 .c ,;� o .. o r on �. tO G», :�i �Ir y �� . a�.� .O > C NI I r IN N _ .b R�3 �'.''' DI ,a W o . O� ` , d ' yr .- � ' ' a s a . ai w ate+ a E " a •E .°� , . ° In e c b . X b 4) I.r va 4�'> G4 c �»' .:o . d , r jo G O , -� . " �; C3. .�. O ;0.9 .p O m [••� w: p 1, Red rdC ,� Q N w , •D= o o .b .o Q c c •°� no% . �, o.cis "r o aa . r•. - m . o . ;� . a .: 4 o d ar w .. v w In r I IN DD IYIN "�' �" .G .t"* % IN a . ,G - re a. ;a R ...� 4i i •o 'Zi m - Q) adD - . y In INr PC� , �a `. ,. ca ts. Q 3 w .� H (s, �►. �-+ w as ss > W t1 a w. a p4 ° o < u aA Indian River, County. Neigbbor600d`Stabilizadon, Program Property Sales Addendum Page 3 Disclosure to Buver' with Volnntatw Arm's Leneth Parchese andSales Agreement This is to Inform you, Buyer, that Seller Purchased the property through Indian River County 's Neighborhood;Stabilization Program . Seller purchased the property utilizing funding received %from the U. S . Department of Housing and Urban Development (HUD) through the Florida Department of Economic - Opportunity . Since the purchase of the property by Buyer would be `. it voluntary acquisition, arm's length transaction, -Buyer will not be eligible for relocation , payments or other relocation assistance in accordance with the Uniform Relocation Assistance and Real , Property. Acquisition Policies Act . ` (URA) . Also, as indicated in the Property Sales Contract, the contract is being executed with the understanding that no tenant is currently occupying the property or will be permitted to occupy the property, before : the sale of the property is complete . If. Buyer : is willing to ; purchase the property" under the conditions described in this ' Addendum, Buyer shall sign the Purchase and Sales Agreement and initial this Addendum. Buyer' s signature on the Purchase and Sales Agreement and Buyer' s initials on this Addendum constitute . acknowledgement that Buyer has received this disclosure. Seller's Initials _L( /k, Buyer's Initials '. F:lcomminity DevelopmenACD8012008 -NSP\Housing `Sales\Reasle Agreement\NSP Addendum - Revised August 201 Ldoc FHA DISCLOSURES AMENDATORY CLAUSE: / REAL ESTANIEF`rCERTMA CATION I IF Buyers) Donna Jo Walker Date: of Agreement: IF Seller(S) Indian River County File No. : Property Address : 9056 104th Avenue , ' Vero Beach; Florida 32967 ry FIX Fx FHA AMENDAT,09 CLAUI E ' 5 , = 3 . Tf is expressly agreed that notwithstanding any other provision this contract, the purchaser shall �not be obligated to>completIF e - >: the ,purchase ofthe, property: described herein .or to incur.any penalty by forfeiture of earnest money deposits or- otherwise unless the purchaser has been given in accordance with HUD/FHA or VA requirements a written statermerit by the Federal Housing Commissioner, Department of Veterans Affairs, or a Direct Endorsement lender setting forth the appraised value�of the property of not less tham $ : The` purchaser shall have the,privRege and option of proceeding with . . consummation of the contract-;without regard to the amount of the appraisedvaluation. The' appraised valuation is arrived at to determine the maximum:morfgage the Department; of Housing and Urban Development will :insure.-HUD does not warrant IF the value nor the condition 'e property. The urchaser shoul is fy himself/herselft at the price and condition of the property are acceptable; I , { BorrowerIF r IF `FF V Date Bono Dam IF IF FFF Seller ' Date 0 Seller Date Note. The dollar amount to be inserted in; the amendatory clause is the sales price as stated in the contract: if the borrowerand , seller agree to adjust the sales in response to an appraised value that Is- ea than the sales price, a new amendatory clause is not:requiredi however, he loan ap lication package must include 'the original sales contract with the same price as shown p on the amendatoryclause,, with the revised or amended sales contract. REAL LSTATC GERTIFICATION' f , . . - We; the.bon ower, seller; andae selling real estate agent or broker involved in the sales transaction certify by bur signatures below that the terms and Gond'►tions of. the sales contract are true to the best of our knowledge and belief, and that any:other agreement entered into by ese parties in conn with this real 'estate transaction ts -part otor attached to, the sales agreement IF Borrower Date Borrower . Date Sel t Date b Wka 1. IF twig IF Seller Date Listing nt jas appli ) Date 1A A Selling Agent (as applicable) Date :, r WARNING : rr Our, signatures above indicate that we fully understand that itis a Federal Crime punishable by fine, imprisonment or both knowingly make any false statements IF concerning any of the 'above facts as applicable under the provision of:Title 18 United States Code, Section 1012 and .. U 14 . IF r Calyx Fo m • amahm (ON2)