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2018-063
'. ,R "AS IS" Residential Contract For Sale And Purchase BAKER THIS FORM HAS BEEN APPROVED BY THE FLORIDA REALTORS AND THE FLORIDA BAR I M, 455' AM* 1. PARTIES: Sandra Smith Lambert & Cindi Stenroos ("Seller"). 2' and I.R. County, Florida . "Buyer"), 3 agree that Seller shall sell and Buyer shall buy the following described Real Property and Personal Property 4 (collectively "Property") pursuant to the terms and conditions of this AS IS Residential Contract For Sale And Purchase and any riders and addenda ("Contract"): 6 1. PROPERTY DESCRIPTION: 7- (a) Street address, city, zip: 5816 26th Street Vero Beach, F1 32966 r (b) Located in: Indian River County, Florida. Property Tax ID #: 32393200001000007.0 9. (c) Real Property: The legal description is _Long Legal see attachment 10 11 12 13 908-01861mik" 14 WN mill 12001F - is 91 16 whic Seller and existing on the Property as of the date of the initial j&WVM?rej in the 17 purchase: range(s) o:.: . rator(s),. dishwasher(s), disposal, c in ercom, light fixture(s), or op is drapery rods and draperies, blinds, w ts, s s I garage door opener(s), security gate 'i s s tt ro e4,,g 19 and other access devices, and storm shu e oaaLLroperty'). i is purchase 20. Other Personal Prope i in, this purchase are: 21 22 23* (e) The following items are excluded from the purchase: 24 25 PURCHASE PRICE AND CLOSING 26- 2. PURCHASE PRICE (U.S. currency): ................. . ............. .............................................................. $ 200, 000. 00 27* (a) Initial deposit to be held in escrow in the amount of (checks subject to COLLECTION) ....... $ N/A 28 The initial deposit made payable and delivered to "Escrow Agent' named below 29* (CHECK ONE): (i) [] accompanies offer or (0) n Is to be made within _ (if left 30 blank, then 3) days after Effective Date. IF NEITHER BOX IS CHECKED, THEN 31 OPTION (ii) SHALL BE DEEMED SELECTED. 32* Escrow Agent information: Name: Atlantic Coastal Land 'Title Co. 33* Address: 955 21st Sit, Vero each, Fl, 32960 34* Phone: 772-569-4364 E-mail: lbealgatlanticcoastal.com Fax: 772-569-8688 35* (b) Additional deposit to be delivered to Escrow Agent within _ (if left blank, then 10) 36, days after Effective Date ........................................................................................................... $ N/A 37 (All deposits paid or agreed to be paid, are, collectively referred to as the "Deposit") 38' (c) Financing: Express as a dollar amount or percentage ("Loan Amount") see Paragraph 8 ......... N/A 39* (d) Other. ................ N/A 40 (e) Balance to close (not including Buyer's closing costs, prepaids and prorations) by wire V41' transfer or other COLLECTED funds ...................................................................................... $ 200, 0 ,0 0.0 0 4 NOTE: For the definition of "COLLECTION" or "COLLECTED" see STANDARD S. 4 3. TIME FOR ACCEPTANCE OF OFFER AND COUNTER-OFFERS; EFFECTIVE DATE: 441) 3 (a) If 4iot signed by Buyer and Seller, and -an executed copy delivered to all parties on or before 45'. L_ -3- e 2018 1 this offer shall be deemed withdrawn and the Deposit, if any, shall be returned to 46 fi Buyer. Unless otherwise stated, time for acceptance of any counter-offers shall be within 2 days after the day 47 the counter-offer is delivered, 48 (b) The effective date of this Contract shall be the. date when the last one of the Buyer and Seller has signed or 49 initialed and delivered this offer or final counter-offer (Effective Date'). 6o - 4. CLOSING DATE: Unless modified by other provisions of this Contract., the closing of this transaction shall occur 61 and the closing documents required to be furnished by each party pursuant to this Contract shall be delivered 62- ("Closing") on April 25,2,018 _ C'Closing Date"), at the time established by the Closing Agent. Buyer's initials Page I of 112 Seller's Initials FlofidaRealtors/Flo(idaBar-ASIS-5 Rev.4/17.0 2017 Florida Realtorse and The Florida Bar. All rights reserved. SedaW, 030656-20010-9=854 3 4 6 6 7- a, 9. 10 11 12 13 14 Is is "AS IS" Residential Contract For Sale And Purchase THIS FORM HAS 8135N APPROVED BY THE FLORIDA REALTORS AND T146 FLORIDA BAR PARTIES: and Sandra Smith Lambert & Cindl,§.tenroos Meller"), agree that Seller shelf sell and Buyer shall buy the following (collectively "Property") pursuant to the terms and conditions of thl and any riders and addenda ("Contract'), 1. PROPERTY DESCRIPTION; (a) Street address, city, zip: 6816 26th described Real Property and Personal Property AS IS Residential Contract For Sale And Purchase Vero Beach. FI 32066 (b) Located in: Indian River County, Florida. Property Tax IID P 32393200001000007.0 (a) Real Property: The legal description Is age[ see attachment — and existing on the Property as - of the date of the V purchase: range(s f Is drapery rods and draperies, blinds, 19and other access devices, and storm 20. Other Personal Pronertv ltwaiaoW 21 22 23, 24 26 26- 2. A 2r 30 31 32. 34, 3W 37 38, purchase are: (e) The following Items are excluded from the purchase: PURCHASE PRICE AND CLOSING avopoSAM"ed In the itercom, light fixture(s), opener(s), security gate PURCHASE PRICE (U.S. currency): ................................ .............................................................. S 200,000.00 (a) Initial deposit to be held In escrow In the amount of (checks subject to COLLECTION) ....... --N/A - The Initial deposit made payable and delivered to "Escrow Agent' named below (CHECK ONE): (1) 0 accompanies offer or (fl) (3 Is to be made within _ (If left blank, then 3) days after Effective Date. IF NEITHER BOX IS CHECKED, THEN OPTION (if) SHALL BE DEEMED SELECTED, Escrow Agent Information: Name: Atlantlo'Coastall Land Tide Co. Address: 465 21 st st, aroBeach. Fl, 32966 Phone- 77 M -9:M04 F -Mal): lbeal(Wall-a-nTic—coastal.corn Fax: 772-539:8BUff— (b) Additional deposit to be delivered to Escrow Agent within _ (if left blank, then 10) daysafter Effective Date .................................................................. I.V. ........ I ........................... N/A (All deposits paid or agreed to be paid, are collectively referred to as the "Deposit") (c) Financing: Express as a dollar amount or percentage ("Loan Amount") see Paragraph 8 ........... N/A 39, (d) Other ........... N/A 40 (e) Balance to close (not Including Buyer's closing costs, prepolds and prorations) by wire 200,0.00.00 W transfer or other COLLECTED funds .............................. . .................................................. 42 NOTE: For the definition of "COLLECTION" or "COLLECTED" see STANDARD S. 43 3. TIME FOR ACCEPTANCE OF OFFER AND COUNTER-OFFERS; EFFECTIVE DATE: 44 (a) If,, -not signed by Buyer and Seller, and an executed copy delivered to all parties an or before (-L-�6 Qarth,M, 1 2018., this offer shall be deemed withdrawn and the Deposit, If any, shall be retumed to 46 Buyer. Unless otherwise stated, time for acceptance of any counter-offers shall be within 2 days after the day 47 the counter-offer Is delivered. 48 (b) The effective date of this Contract shall be the date when the last one of the Buyer and Seller has signed or 49 td Initialed and delivered this offer or final counter-offer ("Effective Date). so 4. CLOSING DATE: Unless modified by other provisions of thlsContract, the closing of this transaction shall occur 51 and the closing documents required to be furnished by each party pursuant to this Contract shall be delivered 62' ("Closing") on April 9,6,,,2018 ('Closing Date"}, at the time established by the Closing Agent Buyers InItIE1157—Pb (,4?:> Page 1 of 12 Seller's FlorldsRaWtoraffiloddefti KS-18-6kev.07 0 2017 F1011da Realtoo and The Florida Bar. All rights tes0rved. Sarlow, 03058,"0151-92"084 53 SL EXTENSION OF CLOSING DATE: m bd If funds from Buyer's lender(s) are not available on Closing Date due 65 to Consumer Financial Protection Bureau Closing Disclosure delivery requirements ("CFPB Requirements"), ao then Closing be extended for such period necessary to satisfy CFPB Requirements, provided such o/ period shall not exceed 1Odays. sn (b) \fanevent constituting "Force,Majeure" oauoeoaen/iceoeosentio|forC|oaingb»beunovoilab|a'ino|ud'n the so unavailability of utilities or issuance of hazard, vNnd, flood or homeowners' insurance, Closing Date shall be so extended asprovided iOSTANDARD G. 61 6. OCCUPANCY AND POSSESSION: oe (a) Unless the box in Paragraph 6(b) is checked, Seller shall, at Closing, deliver occupancy and possession of the ox Property to Buyer free of tenants, occupants and future tenancies. Also, at Closing, Seller shall have removed 64 all personal items and trash from the Property and shall deliver U keys, garage door openers, access devices ua and codes, oaapplicable, to Buyer. if occupancy is tobadelivered before Closing, Buyer assumes all risks of ne loss hmthe Property from date ofoccupancy, ohaUbanaspVnalNeand|iab|efnrnnaiDbananm»fronnthatdata. m and shall be deemed to have.accepted the Property in its existing condition as of time of taking, occupancy. ao^ (b) [l CHECK lFPROPERTY /S SUBJECT TOLEASE(S)QR OCCUPANCY AFTER CLOSING. If Property i sv subject to a lease(s) after Closing or is intended to be rented or occupied by third parties beyondumsmg.tna /o facts and terms thereof shall be disclosed in writing by Seller to Buyer and copies of the written lease(s)shaU n bedelivered bzBuyer, all within 5days after Effective Date. If Buyer determines, in Buyer's | discretion, that rc the /eose(o)orterms cnoccupancy are not acceptable nzBuyer, uuyer'terminate this Contract by delivery r; ofwritten notice ofsuch election bzSeller within 5days after receipt ofthe above items from Seller, and Buyer 74 shall borefunded the Deposit thereby releasing Buyer and Seller from all further obligations under this Contract. rs Estoppel Letter(n)and Seller's affidavit shall baprovided pursuantbuSTANDARD D.lfProperty /aintended to rs be occupied by Seller after Closing, see Rider U. POST -CLOSING OCCUPANCY BY SELLER, rr 7. ASSIGNABILITY: (CHECK ONE); Buyer n may assign and thereby be released from any further liabilityunder 78* this Contract; E] may assign but not be released from liability under this Contract; or nmey not assign this ro Contract. 80 FINANCING m D- FINANCING: or uy (a) Buyer will pay cash for the purchase of the Property at Closing. There is no financing contingency to Buyer's m obligabon to close. If Buyer obtains a loan for any part of the Purchase Price of the Property, Buyer acknowledges 84 that any terms and conditions imposed by BuYer's lender(s) or by CFPB Requirements shall not affect or extend on the Buyer's "m,gauv.'u/close wotherwise affect any terms uoconditions wthis Contract. mr Fl(b)This Contract is contingent upon Buyer obtaining approval of a n conventional n FHA F] VA or 87* - (describe) loan within (if left blank, then 30) days after Effective Date ("Loan Approval oo^ Period") for (CHECm. wmE):L1fixed, LJacguszao/e.LJfixed or adjustable nsna in the Loan Amount (See Paragraph uo^ 2(d), at an initial interest naha not to exceed 96 (if left blank, then prevailing rate based upon Buyer's 90* uredibwodhiness).and for aterm of (if left blank, then 3O)years ("FinanoinQ"). or (i) Buyer shall make mortgage loan application for the Financing within_______ (if left blank, then 5) days vz after Effective Date and us� good faith and ctillgent effort to obt2in approV21 of a loan meeting the Financing terms ox oanAopnm'al")and thereafter toclose this Contract. Loan Approval which requires acondition related Uxthe sale o* by8uyerofudherpropartyshmUnotbodoaMnedLoanApprova|fbrpurpoyeeofthisoubpanagraph. oo Buyers failure to use diligent effort to obtain Period shallbe considered ou oenauo Contract.unue/onooanna oron/sContract.Focpu this pwes, but is v� limited or to, Ume>y furnishing all documents and information and paying of all fees and charges requested by Buyers un mortgage broker and lender in connection with Buyer's mortgage loan application. oy (if) Buyer shall keep Seller and Broker fully informed about the status of Buyer's mortgage loan app\icaUon. 100 Loan Approval, and loan processing and authorizes BuyehsQabroker, �Closing 101 such status and . and release preliminary and fihsd|v executed closing disclosures and settlement 102 statements, toGaUereodBmkmt 103 U Upon Buyer obtaining,Loshall promptlyd Uwritten notice ofsuch approvaltoSeller. 104 (iv) If Buyer iounable toobtain Loan Approval after the exercise nfdiligent effort, then mtany time, prior to ms expiration of 'the Loon Approval Period, Buyer may provide vvhUen notice to Seller stating that Buyer has been 106 unable toobtain Loan Approval and has elected toe0her 107 )m/oivoLma Approval, i vvhichevent this ConbactvviUrondnueaa|fLoan Approvm|hodbeano�ba|ned�or 108 (2) terminate this Contract. � Buyer's Initials Page 2 of 12 sellers Initials Flo rideReolto 70 2017 Florida ReuUonso,and The Florida, Bac AM eights reaenved - Serialff: 065327-300151-8791720 109 (v) If Buyer fails to timely deliver either notice provided in Paragraph 8(b)(iii) or (iv), above, to Seller prior to 110 expiration of the Loan Approval Period, then Loan Approval shall be deemed waived, in which event this Contract 111 will continue as if Loan Approval had been obtained, provided however, Seller may elect to terminate this Contract 112 by delivering written notice to Buyer within 3 days after expiration of the Loan Approval Period. 113 (vi) If this Contract is timely terminated as provided by Paragraph 8(b)(iv)(2) or (v), above, and Buyer is not in 114 default under the terms of this Contract, Buyer shall be refunded the Deposit thereby releasing Buyer and Seller 116 from all further obligations under this Contract. 116 (vii) If Loan Approval has been obtained, or deemed to have been obtained, as provided above, and Buyer 117 fails to close this Contract, then the Deposit shall be paid to Seller unless failure to close is due to: (1) Sellers 118 default or inability to satisfy other contingencies of this Contract; (2) Property related conditions of the Loan Approval 119 have not been met (except when such conditions are waived by other provisions of this Contract); or (3) appraisal 120 of the Property obtained by Buyer's lender is insufficient to meet terms of the Loan Approval, in which event(s) the 121 Buyer shall be refunded the Deposit, thereby releasing Buyer and Seller from all further obligations under this 122 Contract. 123- ❑ (c) Assumption of existing mortgage (see rider for terms). 124• ❑ (d) Purchase money note and mortgage to Seller (see riders; addenda; or special clauses for terms). 125 CLOSING COSTS, FEES AND CHARGES 126 9. CLOSING COSTS; TITLE INSURANCE; SURVEY; HOME WARRANTY; SPECIAL ASSESSMENTS: 127 (a) COSTS TO BE PAID BY SELLER: 128 • Documentary stamp taxes and surtax on deed, if any • HOA/Condominium Association estoppel fees 129 •Owner's Policy and Charges (if Paragraph 9(c)(i) is checked) • Recording and other fees needed to cure title 130 • Title search charges (if Paragraph 9(c)(iii) is checked) • Seller's attomeys' fees 131 • Municipal lien search (if Paragraph 9(c)(i) or (iii) is checked) • Other: 6 % R.E. Commission, all closing costs 132 If, prior to Closing, Seller is unable to meet the AS IS Maintenance Requirement as required by Paragraph 11 133 a sum equal to 125% of estimated costs to meet the AS IS Maintenance Requirement shall be escrowed at 134 Closing. If actual costs to meet. the AS IS Maintenance Requirement exceed escrowed amount, Seller shall pay 135 such actual costs. Any unused portion of escrowed amount(s) shall be returned to Seller. 136 (b) COSTS TO BE PAID BY BUYER: 137 • Taxes and recording fees on notes and mortgages • Loan expenses 138 • Recording fees for deed and financing statements • Appraisal fees i39 •Owner's Policy and Charges (if Paragraph 9(c)(ii) is checked) • Buyer's Inspections 140 • Survey (and elevation certification, if required) • Buyers attorneys! fees 141 • Lenders title policy and endorsements • All property related insurance 142 • HOA/Condominium Association applicationitransfer fees • Owners Policy Premium (if Paragraph 143 • Municipal lien search (if Paragraph 9(c)(ii) is checked) 9 (c)(iii) is checked.) 144' •Other: 145• (c) TITLE EVIDENCE AND INSURANCE: At least (if left blank, then 15, or if Paragraph 8(a) is checked, 146 then 5) days prior to Closing Date ('Title Evidence Deadline"), a title insurance commitment issued by a Florida 147 licensed title insurer, with legible copies of instruments listed as exceptions attached thereto ("Title 148 Commitment") and, after Closing, an owner's policy of title insurance (see STANDARD A for terms) shall be 149 obtained and delivered to Buyer. If Seller has an owners policy of title insurance covering the Real Property, a 150 copy shall be furnished to Buyer and Closing an within 5 days after Effective Date. The owners title policy 151 premium, title search and closing services (collectively, "Owners Policy and Charges") shall be paid, as set 152 forth below. The title insurance premium charges for the owners policy and any lenders policy will be calculated 153 and allocated in accordance with Florida law, but may be reported differently on certain federally mandated 154 closing disclosures and other closing documents. For purposes of this Contract "municipal lien search" means a 155 search of records necessary for the owners policy of title insurance to be issued without exception for unrecorded 156 liens imposed pursuant to Chapters 159 or 170, F.S., in favor of any governmental body, authority or agency. 157 (CHECK ONE).- 158, NE):159• ❑ (1) Seller shall designate Closing Agent and pay for Owners Policy and Charges, and Buyer shall pay the 169 premium for Buyers lenders policy and charges for closing services related to the lenders policy, 180 endorsements and loan closing, which amounts shall be paid. by Buyer to Closing Agent or such other 161 provider(s) as Buyer may select; or 162* El (ii) Buyer shall designate Closing Agent and pay for Owners Policy and Charges and charges for closing 163 services related to Buyers lenders policy, endorsements and loan closing; or 1 Buyers Initials Page 3 of 12 Seller's Initials_ FloridaRealtors/Florld2Bar-ASIS-5 RevA/17 © 2011 Florida Realtors® and The Florida Bar. All rights reserved. SenaW.. 008608-400151.9151278 164* [:1(ill) [MIAMI-DADE/BROWARD REGIONA ' LP'SaUarohaUh�n�h ofprior owner's poicy |- 1� ��/����c�rm�����fees for: noontinuation or update of such title evidence. 16e which isacceptable toBuyers title insurance underwriter for reissue of coverage; (A) tax search; and / 167 municipal lien search. Buyer shall obtain and pay for post -Closing continuation and premiurn for Buyer's owner's mn^policy, and if applicable, Buyer's lender's policy. Seller shall not beobligated b)pay more than 169 (if left blank, then $200.00) for abstract continuation or title search ordered or performed by Closing Agent. no (d) SURVEY: On orbefore Title Evidence Deadline, Buyer may, adBuyer's expense, have the Real Property 171 surveyed and certified by a registered Florida surveyor |fSeller has a survey covering the Real 17u Property, a copy shall be furnished to Buyer and Closing Agent within 5 days after Effective Date. no' (e) � HOME WARRANTY: AdClosing, �[� Buyer Fl Seller ^~��[� N/A shall pay fora home warranty plan issued by 17*^ at acost not to exceed Ahome 175 warranty plan provides for repair orreplacement ormany ors home's rnecnao/ma/ mynoamo and major built-in 175 appliances in the event of breakdown due to normal wear and tear during the agreement's warranty period. 177 (D SPECIAL ASSESSMENTS: At Closing, Seller shall pay: (i) the full amount of liens imposed by o public body no ("public body" does not include m Condominium orHomeowner's Association) that are certifiad, confirmed and nv ratified before Closing; and (ii) the amount of the public body's most recent estimate or assessment for an 180 improvement which is gubab*nUa|k/ complete as of Effective Doha` but that has not resulted in a lien being 181 imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may ,uc bopaid in installments (CHECK QNE): 183^ [K (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing. 18* Installments prepaid ordue for the year ofClosing shall heprorated. ms^ Fl Seller shall pay the assessment(s) full prior bmoratthe time ofClosing. 186 |FNEITHER BOX |SCHECKED, THEN OPTION (a)SHALL BEDEEMED SELECTED. /m This Paragraph U not apply to e special benefit tax lien imposed by acnmrnunhy development district 188 (CDD) pursuant to Chapter 190, F.S., which lien shall be prorated pursuant to STANDARD K. mo DISCLOSURES /no 10L DISCLOSURES: 191 (a) RADON GAS: Radon isanaturally occurring radioactive gas that, when it is accumulated inobuilding in 192 sufficient quantities, may presenthealth hnkshopensonswhoaraoxposedtoitovecUmeLevels oYradon that /no exceed federal and state guidelines have been /vu/m in wuuwoy* in Florida. Additional information /=gwmmy 194 radon and radon testing may be obtained from your county health department. 195 (b) PERMITS DISCLOSURE:have been disclosed by SellerBuyer in a written disclosure, Seller 1*6 does not know v/any improvements made wthe Property which were made without / uoeu permits or "a"= 197 pursuant to permits which have not been properly closed. If Seller identifies which have not been 198 properly closed or Improvements which were not permitted, then Seller shall promptly deliver to Buyer all plans, `oy vv'`ue// vvcvx/e'^w*m^/ or other x/^^///*uv// v/ Seller's pu="e"ww.' mww.="ye. or control .=a"''y to 200 improvements to the Property which are the subject of such open permits or unpermifted improvements. om` '(c) 88OLD:k8o|disnstunaUy000uningandmoeyomuoahoalthdsheordamnogetopropecty. IfBuyer isconcerned cn unu desires addiUona|infonnaUonregarding mold, Bu hou|dcontact an appropriate professional. n�sni a| zno (d) verify by elevation certificate whichflood nw zone the rmpe/w is in, whether '="" insurance"is 'ey== by Buyer's '~''"~', and ~~'a^ restrictions ~r,y to 205 improving the Property andnabuUdingintbeeventofoesua!ty.|fPuqpertyis|nm"Soeoa|RqodHmzand'Anaa xs or�"Coastal Bon1erReoounceoAct'designmbadonaanrodlomieaprotecbsdaoeok1enbfiodbytheU.S'Fishand »or Wi(d|ifnService under the Coastal Barrier Resources Act and the lowest floor oiavobnnfor the bui|diUg(e)and/or 000 flood insurance rating purposes Is below minimum flood elevation orioineligible for flood Insurance coverage uoo ux- vv the National r/vvv v." Insurance ,."y.�". private flood "insurance ~~defined ^'-2 U.S.C. §4012a, Buyer210*c�| delivering written notice toSeller within (if left blank, tb 2[) days after nn o/e^u"= uw,=. and °"r= '' ='=" "� .=""=" the Deposit thereby releasing ^ ~~y~' and Seller '' --''-— further— mdz �ado nd this Contract, failingwhich Buyer acceptsexinUng elevation ofbuildings and flood zone 213 designation "'Property. The National Flood "Insurance ' '~g'~'^'^'~' ~~~-~s~----'-'----' --"--'''---m- m* for pre -Flood Insurance. Rate Map non -primary structures (residential structures hwhich the insured 215 orspouse does not reside for stleast 5U96ofthe year) and anelevation certificate may berequired for actuarial 216 rating. 217 (a) ENERGY BROCHURE: Buyer -acknowledges receipt of Florida Energy -Efficiency Rating Information Brochure 218 required bySection 5G3.QQG.F.G. Buyer's Initial Page 4 o 12 Seller's Initials r0 2m7Florida Realtomrand The Florida Bar, All rights reserved. - Sedal#: 0086084100151-9151278 219 (f) LEAD-BASED PAINT: If Property includes pre -1978 residential housing, a lead-based paint disclosure is 220 mandatory. 221 (g) HOMEOWNERS' ASSOCIATIONICOMMUNITY DISCLOSURE: BUYER SHOULD NOT EXECUTE THIS 222 CONTRACT UNTIL BUYER HAS RECEIVED AND READ THE HOMEOWNERS' 223 ASSOCIATiONICOMMUNiTY DISCLOSURE, iF APPLICABLE. 224 (h) PROPERTY TAX DISCLOSURE SUMMARY: BUYER SHOULD NOT RELY ON THE SELLER'S CURRENT 225 PROPERTY TAXES AS THE AMOUNT OF PROPERTY TAXES THAT THE BUYER MAY BE OBLIGATED TO 226 PAY IN THE YEAR SUBSEQUENT TO PURCHASE, A CHANGE OF OWNERSHIP OR PROPERTY 227 IMPROVEMENTS TRIGGERS REASSESSMENTS OF THE PROPERTY THAT COULD RESULT IN HIGHER 226 PROPERTY TAXES. IF YOU HAVE ANY QUESTIONS CONCERNING VALUATION, CONTACT THE 229 COUNTY PROPERTY APPRAISER'S OFFICE FOR INFORMATION, 230 (1) FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT ("FIRPTA"): Seller shall inform Buyer in writing if 231 Seller is a "foreign person" as defined by the Foreign Investment in Real Property Tax Act ("FIRPTA"). Buyer 232 and Seller shall comply with FIRPTA, which may require Seller to provide additional cash at Closing. If Seller 233' is not a "foreign person", Seller can provide Buyer, at or prior to Closing, a certification of non -foreign status, 234 under penalties of perjury, to inform Buyer and Closing Agent that no withholding is required. See STANDARD 236 V for further information pertaining to FIRPTA. Buyer and Seller are advised to seek legal counsel and tax 236 advice regarding their respective rights, obligations, reporting and withholding requirements pursuant to 237 FIRPTA, 236 (j) SELLER DISCLOSURE: Seller knows of no facts materially affecting the value of the Real Property which are 239 not readily observable and which have not been disclosed to Buyer. Except as provided for in the preceding 240 sentence, Seller extends and intends no warranty and makes no representation of any type, either express or 241 implied, as to the physical condition or history of the Properly. Except as otherwise disclosed in writing Seller 242 has received no written or verbal notice from any governmental entity or agency as to a currently uncorrected 243 building, environmental or safety code violation. 244 PROPERTY MAINTENANCE, CONDITION, INSPECTIONS AND EXAMINATIONS 246 11. PROPERTY MAINTENANCE: Except for ordinary wear and tear and Casualty Loss, Seller shall maintain the 246 Property, including, but not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date ("AS 247 IS Maintenance Requirement"). 246 12. PROPERTY INSPECTION; RiGHT TO CANCEL: Z49' (a) PROPERTY INSPECTIONS AND RIGHT TO CANCEL: Buyer shal/.have (if left blank, then 15) 250 days after Effective Date ('Inspection Period") within which, to have such inspections of the Property 251 performed as Buyer shall desire during the Inspection Period. If Buyer determines, In Buyer's sole 252 discretion, that the Property is not acceptable to Buyer, Buyer may terminate this Contract by delivering 253 written notice of such election to Seller prior to expiration of Inspection Period. If Buyer timely 254 terminates this Contract, the Deposit paid shall be returned to Buyer, thereupon, Buyer and Seller shall 255 be released of all further obligations under this Contract, however, Buyer shall be responsible for 256 prompt payment for such inspections, for repair of damage to, and restoration of, the Property resulting 257 from such inspections, and shall provide Seller with paid receipts for all work done on the Property (the 256 preceding provision shall survive termination of this Contract). Unless buyer exercises the right to 259 terminate granted herein, Buyer accepts the physical condition of the Property and any violation of 2610 governmental, building, environmental, and safety codes, restrictions, or requirements, but subject to 261 Seller's continuing AS 1S Maintenance Requirement, ,and Buyer shall be responsible for any and all 262 repairs and improvements required by Buyers lender.. 263 (b) WALK-THROUGH iNSPECTIONIRE-INSPECTION: On the day prior to Closing Date, or on Closing Date prior 264, to time of Closing, as specified by Buyer, Buyer or Buyer's representative may perform a walk-through (and 265 follow-up walk-through, if necessary) inspection of the Property solely to confirm that all items of Personal 266 Property are on the Property and to verify that Seller has maintained the Property as required by the AS IS 267 Maintenance Requirement and has met all other contractual obligations. 268 (c) SELLER ASSISTANCE AND COOPERATION IN CLOSE-OUT OF BUILDING PERMITS: If Buyer's inspection 269 of the Property identifies open or needed building permits, then Seller shall promptly deliver to Buyer all plans, 270 written documentation or other information in Seller's possession, knowledge, or control relating to 271 Improvements to the Property which are the subject of such open or needed Permits, and shall promptly 272 cooperate in good faith with Buyer's efforts to obtain estimates of repairs or other work necessary to resolve 273 such Permit issues. Seller's obligation to cooperate shall include Seller's execution of necessary authorizations, 1 Buyer's InitialsP_ Page 5 of 12 Seller's Initials_ FloridaRealtorstFloridaBar-ASIS-5 RevA/17 Q 2017 Florida Realtorsso and The Florida Bar. All rights reserved. Serialg: 055327-300151.8791720 o: consents, orother documents necessary for Buyer to conduct inspections 275 orwork prepared, but in fulfilling such obligation, Seller shall not be required to expend, 0[become obligated to 276 expend, any money. 277 (o) ASSIGNMENT OF REPAIR AND TREATMENT CONTRACTS AND WARRANTIES: AtBuyer's option and orx cost, Seller will, otClosing, assign all assignable repair, treatment and maintenance contracts and warranties o'e to Buyer. om ESCROW AGENT AND BROKER 281 13.ESCROW AGENT: Any Closing Agent orEscrow Agent (collectively Deposit, other funds oo and other items isauthorized, and agrees by acceptance nfthem, iodeposit themprompU hold same inescrow 283 within the 8bsha of Florida and, subject to COLLECTION, disburse them in accordance with henne and conditions 284 ofthis Contract. Failure offunds bobecome COLLECTED shall not excuse Buyers db noa.VVhwnuonflicUng uun demands for the Deposit are received, urAgent has agood faith doubt asboentitlement bz@haDe 't,Aoentmoy cos take such actions permitted by this PoFoQ7eph 13 Agent deems advisable. If in doubt as to Agents duties or 287 liabilities under this Contract, Agent may, atAgent' soption, continue bohold the subject matter ofthe escrow until om the partiesagree bzits disbursement Oruntil afinal judgment ofa court nfcompetent 'WhgdicbonohaUdodenVine euy No rights of the pmdUoo, or Agent may deposit same Vith the clerk of the circuit court having jurisdiction of the uou dispute. An attorney h bg a party and also acts as Agent may represent such party in such action. Upon 291 notifying all parties concerned of such action, all liability on the pod of Agent shall fully terminate, except to the uoz extent of accounting for any items previously delivered out of escrow. If licensed real estate broker, Agent will om comply with provisions of Chapter 475, F.S., as amended and FREC rules to timely resolve escrow disputes through nm mediation, arbitration, interpleader orenescrow disbursement order. 29e In any proceeding between Buyer and Seller wherein Agent is made a party because of acting as Agent hereunder, :no or in any proceeding where Agent interpleads the subject matter of the escrow, Agent shall recover reaoonab|e cor attorney's fees and costs incurred, bobe, paid pursuarittoooudonderoutmfthemocrmmed funds orequivalent. Agent xou shall not beliable toany party orperson for mhm^de|ivoryoyany escrowed items, unless such mia'de|ivaryisdue ho nm Agent's willful breach of this Contract or Agents gross negligence, This Paragraph 13 shall oumk/e Closing or um termination ufthis Contract ' 301 14' PROFESSIONAL ADVICE; BROKER LIABILITY: Broker advises Buyer and Seller toverify Property oond\Uon, oou square footage, and all other facts and representations made pursuant to this Contract and toconsult appropriate ona professionals for legal, tax, environmental, and other specialized advice concerning matters affecting the Property ao* and the transaction contemplated by this- Contract. Broker represents to Buyer that Broker does not reside on the oou Property and that all representations (ona}.written orotherwise) by Broker are based onSeller representations or ^oa public records. BUYER AGREES TO RELY SOLELY ON SELLER, PROFESSIONAL INSPECTORS AND 307 GOVERNMENTAL AGENCIES FOR VERIFICATION. OF PROPERTY CONDITION, SQUARE FOOTAGE AND xnu FACTS THAT MATERIALLY AFFECT PROPERTY VALUE AND NOT ON THE REPRESENTATIONS (ORAL. nue WRITTEN OR OTHERWISE) OF BR0KER� Buyer and Seller (individually,the "Indemnifying Party') each 310 individually indemnifies' holds hannieon. and releases Broker and Broker's mffionns, dinentoro, agents and 311 employees from all liability for loss or damage, including all costs and expenses, and reasonable attorney's fees at 312 all levels, suffered urincurred by Brokerandj]Puhe/sofficecs.d|neoblna.ogenlaandemnpbmeasinoonneoUonwiih u,» or arising from o|aima, demands or causes of action instituted by Buyer or Seller based on: (i) inaccuracy of 314 information provided oythe Indemnifying Party ms nanuna no perform contractual obligations; Vx/ 13roxers performance, az /nuennm/ymg Party's request, of any task xm beyond the scope of oarvim*a regulated by Chapter 475. F,s., as amended, including Broker's n*ferny|, on recommendation ba U of any vendor for, r on behalf of, Indemnifying P (iv) nzd ds or services 318 provided by any such vendor for, or on behalf of,'Indernnifying Party; and (v) expenses Incurred by any such vendor. xm Buyer and Seiler each assumes full responsibility for selecting and compensating their respective vendors and zm paying their other costs under this Contract whether o/not this transaction closes. This Paragraph 14will not relieve 321 Broker ofstatutory obligations under Chapter 475-,F.S..as amended. For purposesmfthis Paragraph 14.Broker 322 will batreated ooaparty bothis Contract This Paragraph 14shall survive Closing ortermination ofthis Contract. am DEFAULT- AND DISPUTE RESOLUTION sm 15' DEFAULT: 325 (a) BUYER DEFAULT: \fBuyer fails, neglects or refuses to perform Buyeeo obligations under this Contract, 326 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the Deposit 327 for the account of Seller as agroed upon liquidated damages, consideration for execution of this Contract, and xuo in full settlement of any claims, whereupon Buyer,and, Seller shall be relieved from all further obligations under Buyees Initla 9�Dk�- Page, 0qf12 sellers inmals__��~�__ piormanaauv 1rmxoo17F1vduaR=ahum°ondThe F|oridmBar. All rights reserved. Sarlal#� 055327-300151-8791720 329 this Contract, or Seller, atSeller's option, pursuant toParagraph 1Opmoeedin equity to enforce Seller's sm rights under this Conoacefault by 331 Geepe_�_n@-SFel(eOs shape za 000 8d SE���� 8��4O�T� If any naooVn othertban ��Uuna of�eler to make Seller's title marketable after zw reasonable diligent effort, Seller fails, neglects or refuses to perform Seller's obligations under this Contract, xao Buyer may elect to receive return of Buyers uxo 337 feye~**na+eaa. aom This Paragraph 15shall survive Closing orbarminndonofthis Contract. uuo 16. DISPUTE RESOLUTION: Unresolved nontnovonsiee, claims and other matters in question between Buyer and 340 Seller arising out of, or relating to, this Contract or its breach, enforcement or interpretation ('Dispute") will be settled 341 as follows: az &A Buyer and 8m||er will have 10 days after the dote conflicting demands for the Deposit are made to attempt to o*o resolve such Dispute, failing which, Buyer and Seller shall submit such Dispute to mediation under Paragraph 344 1G/b\. 345 (N Buyer andGelleshall atteto settle Disputes in an amicable manner through mediation aa Rules for Certified and Court -Appointed xoeo/a000anoCnmpoer44 F.Sas amended (the "Mediation Rules"). 347 The mediator must be certified or must have experience in the real estate industry. Injunctive relief may be 348 sought without mat complying with this Paragraph m\u/. Disputes not aomeo pursuant to this Paragraph /u u^o 'may be resolved by instituting action in the appropriate court having jurisdiction of the. matter. This Paragraph xuo 1Gshall survive Closing ortermination ofthis Contract. 351 17' ATTORNEYS FEES; COSTS: The parties will split equally any mediatlion fee incurred in any mediation permitted aoz bvthis Contract, and each partyviU pay their costs, expenses andfees, including -attorney's fees, incurred in so conducting the mediation. |nany litigation permittedbvthis Contract, the prevailing shall baenUUedhmrecover 000 from the non -prevailing party costs and feas, including reasonable attorney's fees, incurred in conducting the xsu lifigation. This , Paragraph 17 shall survive Closing or terrnination of this Contract. xos STANDARDS FOR REAL ESTATE TRANSACTIONS ("STANDARDS") 357 18' STANDARDS: uno A. TITLE: oao N TITLE EVIDENCE; RESTRICTIONS; EASEMENTS; LIMITATIONS: \/Vithin the time period provided in osv Pa the Title Commitment, with legible copies of instruments listed as exceptions attached thereto, shall 361 be issued and delivered to Buyer, The Title Commitment shall set forth those matters tobadischarged Seller uou or uem/u Closing and shall provide that, upon 'eww/vug of the deed to ouy=, an ovv//rw*puvvx of title msv/u/`ue oou |nthe amount nythe Purchase Price, shall buissued hnBuyer insuring Buyers marketable title tothe Real Property, nm^ subject, only to the following matters: (a) comprehensive land use p}ons, zoning, and other land use raothu§one, ouu prohibitions and naqu1n*nnenUa imposed by governmental authority; (b) restrictions and matters appearing on the xss Plat or otherwise oon1nlon to the subdivision; (c) outstanding oi|, gas and mninamm) dQhb* of record without right of 367 entry; (d)unpkatted, public utility easements of record (located contiguous to real property lines and not more than oan 10 feet in Width as to rear or front lines and 7 1/2 feet in width as to side lines); (a) taxes for year of Closing and aos subsequent years; and /D assumed mortgages and purchase money mortgages, if any (if additional itemu, attach mo addendd provided, that, none preventu ofProperty for RESIDENTIAL PURPOSES. |fthere exists atClosing 371 any violation Ofitems identified in( /0above, then the same shall bedeemed aflue defect. Marketable UUeoho|| 372 bedetermined accordinQtoapplicable Title Standards adopted bvauthority ofThe Florida Bar and |naccordance 373 with law. ow (i� TITLE EXAMINATION: Buyer shoUhave 5days after receipt of7lUeCornmdmenttoexamine �and not�/Se|�x oru i' writing specify ng d�feo1�mdefect(s),lfany, that render title unmarketable. If Seller provides Title Commitment and it is 376 delivered toBu�rless than 5doysphortmC|ooingDote.8uyormnayextendC|osUngfbropbjSdaysafterdateof m, receipt boexamine same in accordance with this STANDARD A. Seller shall have 30 dmYo ("Cure Period) after mrn receipt u`Buyers notice = take reasonable diligent efforts ~ remove defects. ,Buyer fails ___notify Seller, Buyer 379 shall be deemed to have accepted title as it th ' en is. If Sellercures defects within Cure Period, Seller will deliver 360 w''``='' ''"""= to Buyer (with=p"^~' of cure acceptable to Buyer and --'— ----r'—'' -- the parties will close this 381 - xo1 ConbaotonClosing Date ifClosing Date has passed, within 1Odays. after Buyers receiptofSellers nodce).0 mo Seller iaunable tzcure defects With\nCure Period, then Buyer may, within 5days after expiration of, Cure Period, ` Page 7of12 Seller's Initials Buyer's Initials 7C 2017Florida R*aKorse and The Florida Bar. Ali rights reserved. 0 1*mUAKUS FUR REAL ESTATE TRANSACTIONS ("STANDARDS") CONTINUED mm deliver written notice toSeller (a) extending Cure Period for a specified period not toexceed 12Odays within which mw Seller shall continue touse reasonable diligent effort to remove or cure the defects edCure Period"\, or zo (b) electing to accept title with exisUng defects and doaa this Contract on Closing Date (or if Closing Doba has mm pmsnad.vv|tUintheaar|iernf1OdaysofterendoYExtendedCurapehodorBuye(snams|ptof8eUe/onoboe).or(d :m electing toterminate this Contract and receive arefund ofthe Deposit, thereby releasing Buyer andSeller from all m» further ob|iQobVneunder this Contract. |fafter reasonable diligent effort, Seller isunable bztimely cure defects, and »«» Buyer does not waive the defects, this Contract shall terminate, and Buyer shall receive a refund of the Deposit, »»» thereby releasing Buyer and Seller from all further obligations under this Contract. :*1 13. SURVEY: If Survey discloses encroachments on thg Rao| Property orthat improvements located thereon a«» encroach on setback |inaa' easements, or lands of others, or violate any naotdoUonm, oovanonts, or applicable nvx governmental regulations described |nSTANDARD &(i)ha\ or(d)above, Buyer shall deliver written notice of 394 such mattano, together with e copy of Survey, to Seller within 5 days after Buyer's naoa1[t of Survey, but no later m» than Closing. If Buyer timely do|iVena such ODUc8 and GUrVeV to 88Ue[' such matters identified in the notice and »o« Survey shall constitute a title defect, subject to cure obligations of STANDARD Anbove. \fSeller has delivered a mn prior survey, Seller shall, at Buyer's request, areuuba an affidavit of"no nhongo'' to the Real Property since the ueu preparation of such prior survey, to the extent the affirmations therein are true and correct 399 C' INGRESS AND EGRESS; Seller nspnaoentn that there is ingress and egress tmthe Rom| Property and title to ^oo the Real Property is insurable in accordance with STANDARD A without exception for lack of legalright of access. *01 D. LEASE INFORMATION: Seller shall, at least 10 days prior to Closing, furnish to Buyer estoppel letters from ^mz haspecifying nature and duration ofoccupancy, nanba} nates, advanced rent and security 403 deposits paidbyhanant(s)or u t(a|Letter(&)'),\fSe||ariaunab|ebmotdainaWohEstoope|Letbar(o) *cw the same information shall be furnished by Seller to Buyer within that time period in thie form ofoSellers affidavit *oa and Buyer mathereafter contact henant(s) oroocupant(o)hnconfirm such information. If Estoppel Letter(s) or *vs Seller's affidavit, ifany, differ materially from Sellers representations and }eaoa(a) provided pursuant toParagraph wn G. or if tenant(s)/occupant(s) fail or nahxaa to confirm Seller's affidavil� Buyer may deliver written notice to Seller 468 within 6 days after receipt of such infonnedion, but no later than 5 days prior to Closing Daba, terminating this ^oe Contract and receive a refund of the Deposit, thereby releasing Buyer -and Seller from all further obligations under wo this Contract. Seller shall, at Closing, deliver and assign all leases to Buyer who shall assume Sellers obligations 411 thauaundec wa E. LIENS: Seller shall furnish to Buyer at Closing an affidavit attesting /U to the absence ofany financing wx stabyment, claims of lien or potential lienors; known to Seller and thsdthene� have been no improvements or :14 repairs lothe Real Property for BO days immediately preceding Closing Date. �dhe Real Pnope�yhas been 415 improved orm:pa|nadxvithinthat Ume.Seller aheUdeliver releases brvva|veryofoonstuuctionliens executed byall ^,s general cuntnactoro, oubcontnsdoro, suppliers and moteria|men in addition to Seller's lien affidavit setting forth «r names of all such general contractors, subcontractors, suppliers and materialmen, further affirming that all charges wo for improvements or repairs which could serve as a basis for a construction lien or a claim for damages have been 419 paid orwill bopaid aLClosing. mo F. TIME: Calendar days shall be used in computing time periods. Time is of the essence in this Contract. Other 421, U7nn ti for acceptance and Effective Date as set forth in Paragraph 3, any time periods provided for ordates *uo specified inthis Contract, whether preprinted, handwritten, typewritten or inserted herein, which shall end oroccur wm onaSaturday, or a national legal holiday (see 5 U.S.C. 6103) shall extend to 5:00 p.m. (where the Property «m imlocated) nfthanext business day. 425 G. FORCE K8AJEUFCE; Buyer orSeller shall not be required to perform any obligation undeFthis Contract or be mu liable to each other for damages so long as performance or non-performancia of the obligation,ortheaVoi|abiUb/of *zr services, insurance or required approvals essential to Closing, is disrupted', delayed, caused orprevented bvForce m» Majeure. "Force K8ajeure7 means: hunhnanao, flooda, extreme weather, earthquakes, fire, orother acts of God, «m unusual transportation delays, or wars, insurrections, or acts of terrorism, which, by exercise of reasonable diligent 430 t or overcome.. AJI time '431 Closing Date, will be extended a reasonable time up no / days after the Force Majeure, no longer pnavenuo ^zo performance under this Contract, provided, however, ifsuch Fu�Majeure 'aupeoonUnoeabopnnventpedbnnanoeunder *xu this Oonb�ctrnore{hmn3Ddays beyond Closing ��ote'then ehhar terminateIh| Contract delivering 434 wr�b*nnoUoetmthe other and the Deposit shall berefunded toBuyer, ihepebyreleasing Buyer and Seller from all ^nefurther obligations darth|sOonhact. 43e H. CONVEYANCE: Seller shall convey marketable title tothe Rea( Property by statutory warranty, trustee's, *or personal /opnaoont$UVe'n, or guardian's deed, as appropriate to the status -of Seller, subject only to matters 438 dompribedin STANDARD /\and those accepted by Buyer. Personal Property shall, otrequest ofBuyer, be ` Page 8o«1u ��am FlofidaRealto"'Plon aSar-ASIS-5 70 2u1rFlorida naauvnseand The noduaBar. Allxnhts riasemwd ' . . STANDARDS FOR REAL ESTATE TRANSACTIONS ("STANDARDS") CONTINUED «m transferred by absolute bill of sale with warranty oftitle, subject only to such matters as may be provided for inthis *w CnDtrgoL 441 L CLOSING LOCATION; DOCUMENTS; AND PROCEDURE: wz (1) LOCATION: Closing will be conducted by the attorney or other closing agent ("Closing Agent') designatedbv wo the party payingforthemwne/spo|ioyofUUoinaunonoeandVWUbakep|oue|ntheoountvvvhenethe Real Property 4*4 in /000b:d at the office of the Closing Agent, uredsuch other location agreed to by the parties. If there is no Ut/a 445 insurance, Seller will designate Closing Agent. Closing may be conducted by mail, overnight courier, or electronic zwo means. *n (ii) CLOSING DOCUMENTS: Seller shall at or prior to Closing, execute and deliver, as eppUcab|a, doed, bill of ^wu sale, certificate(s) of title or other documents necessary to transfer title to the Property,construction lien afhdovit(o). 'wo owner's possession and no lien affidavit(s), and assignment(s) of leases. Seller shall provide Buyer with paid e« receipts for all work done o0the Property pursuant 0othis Contract. Buyer shall furnish and pay for, aaapplicable, 451 the survey, flood elevation certification, and documents required by Buyer's lender. 462 0i\FlmCE0GTO NOTICE If Closing Agent Is idhm comply withtb U.STreasury Department's 463 Fxmmoo|a/ Crimes Enfamnerommt Network (^MCEN^) Geographic Targeting Orders (~C8TOs^). than Buyer 454 shall provide Closing Agent with the information related to Buyer and the transaction contemplated by this 455 Contract that &mrequired tmcomplete IRS Form .8300,and Buyer consents toClosing ^&gemfscollection and 466 report of said information toIRS. wn (iv) PROCEDURE: The deed shall be recorded upon COLLECTION of all closing funds. If the Title Commitment xau provides insurance against adverse matters pursuant to Section 627.7841, F.S., as amended, the escrow closing 469 procedure required by STANDARD J shall be waived, and Closing Agent shall, subject to COLLECTION of all mm closing funds, disburse at Closing the brokerage fees to Broker and the net sale proceeds to Seller. *e1 J. ESCROW CLOS/NGPRKJCEDURE:ifTit|eComnlibnent|oouedpuuaVant1oPanegraph9(c)doamnVtprovida 462 for insurance against adverse mattersas permitted under Section 6277841 F.8 amended, the following 463 escrow and o|osmQ pnmoeuunaa shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 46" for aperiod ofnot more than 1Odays after Closing; if Seller's title iarendered unmarketable, through nofault of ^on Buyer, Buyer shall, within the 1Oday period, notify Seller \nwriting ofthe defect and Seller shall have 30days from 466 date ofreceipt ofsuch notification hmcure the defect; ifSeller falls totimely cure the defect, the Deposit and all 467 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and 46* convey the Property toSeller bvspecial warranty deed and billof | d make timely demand *m for refund of the Deposit, Buyer shall take title as is, vvshjng all rights against Seller as to any intervening defect *n except as may be availabletmBuyer by virtue of warranties uznhs|nedlnthe deed orbill ofsale. «o K. PRoRAoIOmS; CREDITS: The following recurring items will be made current (if applicable) and prorated as of wo the day priorto Closing Date, or date of occupancy if occupancy occurs before Closing Date: | estate taxes ww (including sp|a/oenentoaxaasassmenzs/rnpossm by a CDD), Interest, bonds, association fees, insurance, rents 475 and other expenses of Property. Buyer shall have option of taking over existing policies of insurance, if assumable, wm inwhich event premiums shall be ronabed Cash at Closing shall be increased or decreased as may be required 477 oypnonatiPnmtobemade through day n [*oC!omng.aovmnoenaruenoseoung/oepooma.nony.vvmomcnsoivao frn to Buyer. Escrow deposits held by Sellers mortgagee will. be paid to Seller. Taxes shall be prorated based on «/n current year's tax. |yClosing occurs onodate when current yeor'mniUagokanot fixed but current year's assessment ^wo is available, taxes will be pronated basad upon such assessment and prior years mniUe0a. |fcurrent years 481 assessment ianot available, then taxes will be proratedonprior year's tax. |fthere are completed improvements ^oe onthe Real Property bvJanuary 1stoYyear ofClosing, which improvements vvenenntinou|atenoennJanuary1* 483 of prior year, then taxes shal'i be prorated based upon prior years millage and at an equitable assessment to be wm agreed upon between the parties, failing vxhiotT, request shall be made to the County Property Appraiser for an wn» inknnnm| assessment taking into account available ons. In all ooasm, due sU|oxvanca shall be made for the 480 maximum oUovvab|o discounts and applicable homestead and other exemptions. Atax proration based on an 467 estimate shall, at either party's request, be readjusted upon receipt of current year's tax bill. This STANDARD K *mo shall survive Closing, wo L. ACCESS TO PROPERTY TO CONDUCT APPRAISALS, INSPECTIONS,ANDWALK-THROUGH: Seller *ao ohaU, upon reasonable noUce, provide utilities service and access to Property for appraisals and inspections. *o1 Closing. 492 M. RISK OF LOSS: If, after Effective Date, but before Closing, Property is darnaged by fire or other casualty 493 \Casua'and cost u/restoration ".^="=^.~`= pruning or removing~... aged trees) does not 494 exceedexceed1.6% of Purchase Price, cost of restoration shall be an obligation of Seller and Closing shall proceed 495 pursuant toterms ofthis Contract. |frestoration ionot completed asofClosing, asum equal ool257ucxestimated Buyers Initial Page eof 12 Seller's Initials -- /w17��u1rFmxuoReom��on�TneRo��g�: m|dum��semed �|��a�oo)ms�|on�aou�as/�* xem _ STANDARDS FOR REAL ESTATE TRANSACTIONS ("STANDARDS") CONTINUED 496 cost to complete restoration (not to exceed 1.5% of Purchase Price) will be escrowed at Closing. If actual cost of 497 restoration exceeds escrowed amount, Seller shall pay such actual costs (but, not in excess of 1.5% of Purchase 498 Price). Any unused portion of escrowed amount shall be returned to Seller. If cost of restoration exceeds 1.5% of 499 Purchase Price, Buyer shall elect to either take Property "as is" together with the 1.5%, or receive a refund of the 500 Deposit thereby releasing Buyer and Seller from all further obligations under this Contract. Seller's sole obligation 501 with respect to tree damage by casualty or other natural occurrence shall be cost of pruning or removal: 502 N. 1031 EXCHANGE: If either Seller or Buyer wish to enter into a like -kind exchange (either simultaneously with 503 Closing or deferred) under Section 1031 of the Internal Revenue Code ("Exchange"), the other party shall cooperate 504 in all reasonable respects to effectuate the Exchange, including execution of documents; provided, however, 505 cooperating party shall incur no liability or expense related to the Exchange, and Closing shall not be contingent 506 upon, nor extended or delayed by, such Exchange. 507 0. CONTRACT NOT RECORDABLE; PERSONS BOUND; NOTICE; DELIVERY; COPIES; CONTRACT 508 EXECUTION: Neither this Contract nor any notice of it shall be recorded in any public records. This Contract shall 509 be binding on, and inure to the benefit of, the parties and their respective heirs or successors in interest. Whenever 510 the context permits, singular shall include plural and one gender shall include all. Notice and delivery given by or to 511 the attorney or broker (including such broker's real estate licensee) representing any party shall be as effective as 512 if given by or to that party. All notices must be in writing and may be made by mail, personal delivery or electronic 513 (including "pdf') media. A facsimile or electronic (including "pdf') copy of this Contract and any signatures hereon 614 shall be considered for all purposes as an original. This Contract may be executed by use of electronic signatures, 515 as determined by Florida's Electronic Signature Act and other applicable laws. 516 P. INTEGRATION; MODIFICATION: This Contract contains the full and complete understanding and agreement 517 of Buyer and Seller with respect to the transaction contemplated by this Contract and no prior agreements or 518 representations shall be binding upon Buyer or Seller unless included in this Contract. No modification to or change 519 in this Contract shall be valid or binding upon Buyer or Seller unless in writing and executed by the parties intended 520 to be bound by it. 521 Q. WAIVER: Failure of Buyer or Seller to insist on compliance with, or strict performance of, any provision of this 522 Contract, or to take advantage of any right under this Contract, shall not constitute a waiver of other provisions or 523 rights. 524 R. RIDERS; ADDENDA; TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Riders, addenda, and typewritten 525 or handwritten provisions shall control all printed provisions of this Contract in conflict with them. 526 S. COLLECTION or COLLECTED: "COLLECTION" or "COLLECTED" means any checks tendered or 527 received, including Deposits, have become actually and finally collected and deposited In the account of 528 Escrow Agent or Closing Agent. Closing and disbursement of funds and delivery of closing documents 529 may be delayed by Closing Agent until such amounts have been COLLECTED in Closing Agent's accounts. 530 T. RESERVED. 531 U. APPLICABLE LAW AND VENUE: This Contract shall be construed in accordance with the laws of the State 532 of Florida and venue for resolution of all disputes, whether by mediation, arbitration or litigation, shall lie in the 533 county where the Real Property is located. 534 V. FIRPTA TAX WITHHOLDING: If a seller of U.S. real property is a "foreign person" as defined by FIRPTA, 535. Section 1445 of the Internal Revenue Code ("Code") requires the buyer of the real property to withhold up to 15% 536 of the amount realized by the seller on the transfer and remit the withheld amount to the Internal Revenue Service 537 (IRS) unless an exemption to the required withholding applies or the seller has obtained a Withholding Certificate 538 from the IRS authorizing a reduced amount of withholding. 539 (1) No withholding is required under Section 1445 of the Code if the Seller is not a "foreign person". Seller can 540 provide proof of non -foreign status to Buyer by delivery of written certification signed under penalties of perjury, 541 stating that Seller is not a foreign person and containing Seller's name, U.S. taxpayer identification number and 542 home address (or office address, in the case of an entity), as provided for in 26 CFR 1.1445-2(b). Otherwise, Buyer 543 shall withhold the applicable percentage of the amount realized by Seller on the transfer and timely remit said funds 544 to the IRS. 545 (ii) if Seller is a foreign person and has received a Withholding Certificate from the IRS which provides for reduced 546 or eliminated withholding in this transaction and provides same to Buyer by Closing, then Buyer shall withhold the 547 reduced sum required, if any, and timely remit said funds to the IRS, 548 (Iii) If prior to Closing Seller has submitted a completed application to the IRS for a Withholding Certificate and has 549 provided to Buyer the notice required .by 26 CFR 1.1445-1(c) (2)(i)(B) but no Withholding Certificate has been 550 received as of Closing, Buyer shall, at Glosing,withhold the applicable percentage of the amount realized by Seller 551 on the transfer and, at Buyer's option, either (a) timely remit.the withheld funds to the IRS or (b) place the funds in 552 escrow, at Seller's expense, with an escrow agent selected by Buyer and pursuant to terms negotiated by the Buyer's Initials � Page 10 of 12 Seller's Initials FloridaRealtors/FloddaBar-ASIS-5 Rev.4/17 © 2017 Florida Realtors° and The Florida Bar. All rights reserved. Serial#: 066327300161-9791720 STANDARDS FOR REAL ESTATE TRANSACTIONS ("STANDARDS") CONTINUED 553 parties, to be subsequently disbursed in accordance with the Withholding Certificate issued by the IRS or remitted 554 directly to the IRS if the Seller's application is rejected or upon terms set forth in the escrow agreement. 555 (iv) In the event the net proceeds due Seller are not sufficient to meet the withholding requirement(s) in this 556 transaction, Seller shall deliver to Buyer, at Closing, the additional COLLECTED funds necessary to satisfy the 557 applicable requirement and thereafter Buyer shall timely remit said funds to the IRS or escrow the funds for 558 disbursement in accordance with the final determination of the IRS, as applicable. 559 (v) Upon remitting funds to the IRS pursuant to this STANDARD, Buyer shall provide Seller copies of IRS Forms 560 8288 and 8288-A, as filed. 551 W. RESERVED 562 X. BUYER WAIVER OF CLAIMS: To the extent permitted by law, Buyer waives any claims against Seller 563 and against any real estate licensee involved in the negotiation of this Contract for any damage or defects 564 pertaining to the physical condition of the Property that may exist at Closing of this Contract and be 565 subsequently discovered by the Buyer or anyone claiming by, through, under or against the Buyer. This 565 provision does not relieve Seller's obligation to comply with Paragraph 106f), This Standard X shat! survive 567 Closing. 568 ADDENDA AND ADDITIONAL TERMS s69• 19. ADDENDA: The following additional terms are included in the attached addenda or riders and incorporated into this 570 Contract (Check if applicable): ❑ A. Condominium Rider ❑ K. RESERVED ❑ T. Pre -Closing Occupancy ❑ B. Homeowners' Assn. ❑ L. RESERVED ❑ U. Post -Closing Occupancy ❑ C. Seller Financing ❑ M: Defective Drywall ❑ V. Sale of Buyer's Property ❑ D. Mortgage Assumption ❑ N. Coastal Construction Control ❑ W. Back-up Contract ❑ E. FHAfVA Financing Line ❑ X. Kick -out Clause ❑ F. Appraisal Contingency ❑ O. Insulation Disclosure ❑ Y. Seller's Attorney Approval ❑ G. Short Sale Q P. Lead Paint Disclosure (Pre -1978) ❑ Z. Buyer's Attorney Approval ❑ H. Homeowners/Flood ins. ❑ Q. Housing for Older Persons ❑ AA. Licensee Property Interest ❑ I. RESERVED ❑ R. Rezoning ❑ BB. Binding Arbitration ❑ J. Interest -Bearing Acct. ❑ S. Lease Purchase/ Lease Option ❑ Other: 57v 20. ADDITIONAL TERMS: _Purchase is contingent on approval of the Indian River Board of County Commissioners. 572 Buyer to designate closing agent and seller to pay closing costs. 573 In the event seller and buyer agree to cancel this contract, for any reason , there will be no real estate 574 commission due or payable. 575 576 677 578 579 580 581 582 583 584 585 586 587 588 COUNTER-OFFERIREJECTION 589• ❑ Seller counters Buyer's offer (to accept the counter-offer, Buyer must sign or initial the counter -offered terms and 590 deliver a copy of the acceptance to Seller). 591- ❑ Seller rejects Buyer's offer. Buyer's Initials -'G� Page 11 of 12 Seller's initials �`�.� FloddaRealtors/FloridaBar-ASIS-5 Rev.4/17 © 2017 Florida Realtors® and The Florida Bar. All rights reserved. Se rials: 008600-400151-9151278 592 THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD, SEEK THE 593 ADVICE OF AN ATTORNEY PRIOR TO SIGNING. 594 THIS FORM HAS BEEN APPROVED BY THE FLORIDA REALTORS AND THE FLORIDA BAR. 595 Approval of this form by the Florida Realtors and The Florida Bar does not constitute an opinion that any of the 596 terms and conditions in this Contract should be accepted by the parties in a particular transaction. Terms and 597 conditions should be negotiated based upon the respective interests, objectives and bargaining positions of all 598 interested persons. 599 AN ASTERISK (*) FOLLOWING A LINE NUMBER IN THE MARGIN INDICATES THE LINE CONTAINS A BLANK 600 TO BE COMPLETED. C , 60V Buyer Se -P- :F0 ( (0 UJ; Jj,4PA�—e— P ' e-. Date: 602* Buyer: /1 .y Date: 603; Seller (/ �w(i Date: March , 2018 Sandraith Lambert 604• Seller. � Date: March i 3 , 2018 Cind Stenroos soy Buyer's address for purposes of notice Seller's address for purposes of notice 606• c/o John C. Ka ..ma , P . A. 607' Sep ht-low- 608, t-1ow_608' 609 BROKER: Listing and Cooperating Brokers, if any, named below (collectively, 'Broker"), are the only Brokers 610 entitled to compensation in connection with this Contract. Instruction to Closing Agent Seller and Buyer direct 611 Closing Agent to disburse at Closing the full amount of the brokerage fees as specified in separate brokerage 612 agreements with the parties and cooperative agreements between the Brokers, except to the extent Broker has 613 retained such fees from the escrowed funds. This Contract shall not modify any MLS or other offer of compensation 614 made by Seller or Listing Broker to Cooperating Brokers. 616= S, Mark Baker 616 Cooperating Sales Associate, if any 617• Rick Baker Realty, LLC 616 Cooperating Broker, if any S. Mark Baker Listing Sales Associate Rick Baker Realty, LLC Listing Broker JOHN C. KACZMAREK, P.A. ATTORNEY AT LAW 399 CAMINO GARDENS BOULEVARD SUITE 300 BOCA RATON, FLORIDA 33432 TELEPHONE: (561) 368-6609 FAX: (561) 394-2970 kammarek1 @comcast.net Buyers Initial� Page 12 of 12 Seller's Initials MoridaRealtors/FloddaBar-ASIS-6 Rev.4117 © 2017 Florida Realtow and The Florida Bar: All rights reserved. Serialk 055327-300151-8791720 Residential Contract For Sale and Purchase Sandra Smith Lambert & Cindi Stenroos -5816 26'x' St. Vero Beach, FL 32966 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first set forth above. INDIAN RIVER COUNTY, FLORIDA Peter D. O'Bryan, Chairm Approved by BCC An,i 1 -1, 201,9 ATTEST: Jeffrey R. Smith Clerk of Court and Comptroller By: Deputy Clerk E Jason . Br wn, Count ministrator Approved as to Form and Leg ufficiency: N//,, k -42A-�/-' County Attorney Legal Description A portion of a parcel of land in the S V2ofthe S 1/2 of the East ten (10) acres of Tract 16, Section 32, Township 32 South, Range 39 East according the plat of Indian River Farms Company, recorded in Plat Book 2, Page 25, ofthe Public Records of St. Lucie County, Florida; said land situate, lying and being in Indian River County, Florida, LESS and SUBJECT to those lands in favor of the State of Florida, as may be reserved therein. This legal description is not to be relied on. The Buyer is directed to do its due diligence and obtain an exact legal description. 58835 INDIAN RIVER COUNTY QUITCIAIM PARE !j •..waw., .tr...rNa4!^+" Section 88000 SRD No. 143 and Section 885$0-2150 Road 5-50$-A SRM No. 10 DEED NO. 408 Page 1 of 1 KNOW ALL MEN BY THESE PRESENTS WHERFAS, the State of Florida, through the Trustees of the Internal Improvement Fund, by Part Deed No. 408 Indian River County, of Aug. 4a 1-9)44 , conveyed unto Eli C. Walker, Jr. ID graee w a certain parcel therein described, and subject to the reservation for State Road > cD Right of Way as therein defined (the last recorded owner of the title of said F T property now being George B. Smith and Winifred Jane Smith, his wife )and tp U v LL WHERF4S, the State Road Department of Florida has advised that the property e heretna£';ev doscribed is not necessary for highway purposes, and has approved the relc:aso and quitclaim of said reservation for State Road Right of Way to the extent T hereinafter set forth; t U NOW, THMZEFORE, the State of Florida, through the Trustees of the Internal D 2 Improvement Fund, in consideration of the sum of Ten Dollars (.j10.00) and the fore - o` going considerations, have remised, released and quitclaimed and by these presents d do remise, release and quitclaim unto the said George B. Smith and Winifred ` a Jane Smith, his wife -O J C ? t0 m and their heirs and assigns forever all right, title, interest, claim and demand arising out of the following reservation, to -wit: C ' RESERVING UNTO THE STATE OF FLORIDA easement for State Road Right of {NDlANRIYER Way Two Hundred (200) feet wide lying equally on each side of the COUNTY, centerline of any State Road existing on the date of this deed through so much of any parcel herein described as is within One Hundred (100) mg!lttttttgloU feet of said centerline _ ` S2 Part e as contained in that certain/ Deed No- 1408 as to so much of: said right of way described'as follows: Z !S All of said reservation insofar as same affects S2 of S2 of East 10 ��> i acres of Tract 16, Section 32, Township 32 South, Range 39 East, � according to plat of Indian River Farms Company, recorded in Plat Book 2, page 25, Public Records of St. Lucie County, Florida; said land situate, lying and being in Indian River County, Florida, EXCEPT that part lying within 81 feet of.the Fast line of said Section 32 and except that part lying within 70 feet of.the South line of said Section 32. IN TESTIMONY WHEREOF, the said Trustees of the Internal M State of Florida have hereunto subscribed their names and have seal of said Trustees to be hereunto affixed in the City of Tal: on this theJUN 2 6 1967 f- --"`1",ff NortOV£ntarr ^- �•''� ST LOR �P , _ .3 ° SEAL i TEES, &• NTERTTA 7. . _-,J_d/�'nV�••� ',fin•` � --� STATE ROAD DEPARTMENT OF FLORIDA DIVISION OF RIGHTS OF WAY ---I ll'• 0 of the Y GENERAL TONER CP DESCRIPTION APPROV�ED/ AS AND CONSTITUTING THE TRUSTEES OF, THE TUN 22 1967 IWER14AL _UIPROVEMM FUND OF THE STATE CF FLORIDA. 1.OFFICIAL JRkC&p sooK 260 PnE=g http://ori. indian-river-org///DocumentIGetDocumentForPrintPNGI?request=AQAAANCM... 3/16/2018 Lead-based Paint Warning Statement KIM (Use this form with contractsforthe sale of residentiaipropedtybulltln 1977oreadler. Will disclosure must be made beginning September 6, 1986, If Sellerowns mors Chari 4 dweliing units and beginning becemhar8,1996, if Sellerowns f - 4 dwelling units. Seller and licensees must keep a copy of this completed form for 8 years from the date of olosing.) Sale and Purchase Contract; This clause Is Incorporated Into the Contract between Sandra SmRh lambert & Cindl stenroos (Seller) and I.R. County, Florida (Buyer) concerning the residential Property built before 1878 and located at 6816 26th Street, Vero Beach, Fl. SMO 6816 26th Street, Vero Beaooh Fl 52966 "Every purchaser of any Interest in residential real property on which a residential dwelling was built prior to 1978 Is notifled that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, Including learning disabllltiea, reduced Intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property Is required to provide the buyerwith any Information on lead-based paint hazards from risk assessments or inspection In the saller's possession and notify the buyer of any known lead-based paint hazards. A risk assessment or Inspection for possible lead-based paint hazards Is recommended prior to purchase." For purposes of this addendum, lead-based paint will be referred to as "LBP° and lead-based paint hazards will be referred to as "LBPH." (1) LBP/LBPk In Housing: Seller has no knowledge of LBPILBPH In the housing and no available LBPILBPH records or reports, except as indicated: (describe all known Li3P/LBPH information and list all available documents partaining to LBPILBPH and provide documents to Buyer before accepting Buyoes offer) (2) Lead-based Paint Hazards Inspection: Buyer waives the opportunity to conducf a risk assessment or Inspection for the presence of LBP/LBPH unless this box is checked ( D Buyer may conduct a risk assessment or inspection forthe presence of LBPILBPH in accordance with the Inspection, notice, repair and repair Ilydts of paragraph 8(a) or H of the FAR Residential Sale and Purchase Contract or standard N of the FARIBAR Contract for Sate and Purchase, as amended and as appllcable). (3) Certification of Accuracy: Buyer has received the pamphlet "entitled "Protect Your Family From Lead In Your Home° and all of the information specified in paragraph (A) above. Ucensee has notified Seller of Seller's obligations to provide and disclose information regarding lead-based paint and lead-based paint hazards In the properly as required by federal taw (42 U.S. 0.4062d) and la aware of his or her obligation to eneure aompilance with federal lead-based paint law. Bayer, Geller and each Iicensee has reviewed the Information above and cerdiles, to the best of his or her knowledge, that the Information he or she has provided is true and accurate. 1 3 r P 2 Buyer Date Sells Date BuyerBate Seller ' Date1—ci 44t� kk4_, . 0 f � 3 S, Mark bokor Date S rk Baker pate Buyer Seller f r2JLlsHng Licensee (_._i (__J Selling Licensee acknowledge recelpt of a copy of this page, which is page 1 of 2 Pages. LOPS -2x ROV,10106 0=0 FloddaRealtorsO AH Rights Reserved eadEal 0b70ti•b0Oid1.9708025 " + , .... _._ _.., r r ,..,, ...,•,•,..,,w.• ,,", n..,,.,,,Nluv, n,1,Y11 ,OR ,+1,1141NYIro alnt VpgOq blf,lV3Uiq P"' qa rranr rean`Gan®mrnate4 dual, 81011 or Paint that is detorioralc or present in accessible aces or surfucas that rub together, like doors andydc},dc - 1. Before You sign a ContraWLease Before a wryer or tenant becomes obit ated by contract to bt. 'easu your hous(no. you must complota the Miles This Matedy be a a6mpll bed by receive a counter before you that allowsthe the buqyeer or fsroiaght an oppor unity to review the the Inio until tition and amen the offer If fie or she so chooses. You must; A. Disclose to each licensee or other agent (for purposes of this law, a�tgone who enters into a contract with yyou or your reprosonlative for the purpose of eeiling your home, except for buyer's agents ulhn are pold solely by the buyer and not by you or your represoniative, !s cons dared an'lhgont`7 Involved In the transaction: 61) the presence of any LBPALBPH about which you knew; any additional information available concerning the LBPILBPH, Including Ute basis for determining that LBPILHPH exist&, the location of the LBPADPH and the condition of the pebilad surfaces; and (3) the existence of any avallable records at reports partalning to LBP)LDPH. In. Provlde the buyer ortenant Mitt, (i) an EPA -approved lead hazard Information pamphlet, *this means either the EPA document entitled' Protect Your Family Prom Lead in Your Boma" or an equivalont pamphtat approved by the EPA for use In Florida; and (2) any records or reports available to you concerning LSPR.SPH In the uWl, Including records and reports regarding any common areae, If the unit Is In mullifamtiy housing that you awn and you had an evaluation orreducfion of LBP/I.613H In the !rousing as a whole, you must provide avallable records and reports regarding other residential dwellings to that housing. G,131spiase to the buyer or tenant, W the presence of any known LBPALgPH In the unit; and (2) any additional Information available concerning the LBPALBPH, such as the basis for determining that L13PILDPH exists, the location of the LBPOPH and the condition of the painted surfaces. 0. Allow the buyer time to conduct ado assesament or inspection for the presence of LBPILBPH, You must give the boyars 10 day podad unless you agree with the boyar, In writing, to another ppodod of time (such as within the lime allowed for property inspoottons) or unless the bgyar Indicates in wrlling that he or she waives the rlg to conduct tha dsk assessment or Inspection. This Inspection requirement does not appiyto tenants. 2. Sales {tonlraotRe ttt0 an" You must ensure that titre aates to, has an stto ohmeM having the tollowt �lam�t}te: A. the lclowfng 1,ead Warning Stefoment: "Every purchaser of any interest in resldentlal mal properly on wh op a residangal dwalling was built pilar to 1876 to nclk0od That such propergr may present exposure to toad from lead•based-paint That May pleas young ohgdran at risk of devebakng lead on on toad -based paint hazards from risk assi paint hazards.A tisk assessment or Inspection S. A statement by you disclosing the presence of known LBPUPH in the home and any addlilanal Information available concerning the LBPUPH, ouch as the basis for determining that it exists, Its location and the condition of the painted surfaces, OR indloattng that you have no knowledge of the presonco of LitPILBPt In the home. 0. A list of any recd s or reports described In 1.8.(2) above that are available to you and that you have provided to the buyer, OR a statement that no such recoids or reports are available to you, D. A statement by the buyer; 1 of odng receipt of the Information in 2.B and 0 above, 2 oWrming recelpt of the toad hazard Information panph6t noted In 1,8,(1) above, and 3 that he or she has either hod the opportunity to conduct the risk assessment or Inspection required as noted In I.D. above orwolvad the opportunity. E, A statoment by each real estate llconseetagent involved In the transaction that: (i) the licansoelagent has Informed you of your legal obllgatlons; and (2) the llcanseelogent is aware of his or herduly to ensure compliance with the law. F. Sgnaturas of you, the ticenseaalagents and the buyers certifying to the accuracy of their statements to the best of their knowledge, and the dates of the signatures, 3. Lease Requirements. As the owner of properly b ft rented, you must ensure that every lease for the unit contains language witttflt the lease Itself or as an attachment haft the following elements; A. The foliowing Lead Warnin statement: '"Housing built before 1978 may contain lead -basad paint. Lead from paint, pint chip and dust can pose health hazards If notmanaged praparrv. Lead exposure Is especial harmful to y0 ohgdren and pregnantwamen. Before ran ng pre. 876 housing, lossors musk disclose Lha presence of lead-based paint and/or load-basedpolnt hazards In o dwelling. Lasses must also receive a faderali approved pamphlet an lead poise praventlon." B. A statementbyyou disclosing the presenco of known LBPILBPH in the unit being leased and any additional information available ooncaming the LBPI L13M, InciudIng the basis fordotermining that it exists, Its location and the condition of the pointed surfaces; OR tndlosting that youhave no knowledge of the presence of LBPILi PI -1. C. A list of any records or reports described In 1.13.(2) above available to you and that you have provided to the tenant, OR a statement that no such records or reports aka avallabto to you, 0. A statement by the tenant; t) afflanbmg recelpt of the Information paragraph S.B. and 0. above, and 2) alMning receipt ofthe lead hazard Information pamphlet noted in 1.13.(1) above, S. A statement by each real estate IlcenseelogentInvolved In the transaction that (1) thollaensoalagent has informed you of your legal obligations, and (2) thelfaonseelagent is aware of his or her duly to ensure comrp1lanoevAIh the taw. F. Slgnalures of you, Lha liconseeslagents and the tenants csrtifying to the accuracy of their statements to the best of their knowledge, and the dates of the slgnalures, 4. Record Retention Requirements, Sellers and the Itaenceaslaganto Involved In the sales transooilon must Rasp a Copy of the completed attachment described in paragraph 2 above for no lama than 3 yo are from the date of closing. Landlords and the Ilcenseealagents Involved in the lease transaction must keep a copy of the completed attachment or lease form described In paragraph 3 above for no less than 3 years from the first day of the teasing ported. a. bnpaot of Law and ptaclosurae. Noosing ht the law cr reguta#dna requites a aoAct or landlord to conduct a evaluation orreducUwm.aotivftiea, tlawever, the parties may volunterliy insert such a requtremantin Lha can4ract, Neiiheryou earth& licensees fm101ved In tiro seta esteems Iransacllonw111 ba reaponaibte for iia {allure of a buyef s or tenant's legal representative (such as an aitomay or brakes who receive& pit compensaikon from the boyar or tenant) to Uansmit disclosure tnaksrlata to iia super arlenant, provided that alt required persons hove comptated and signed Lha necessary csrttftcatton and sokrtowtedgement language descdbsd under paragraphs 2 and 3 above. 71r1s tnformatlnn sheat was provided by Rk�t Baker ftaelty __ _ — _ __ (ihsanaee) to �SeRerlLendiard an the 1t3 day of 1=abr10ary�,�� 2018 . Buyer setterf�l Listing Licensee t_..J Selling Licensee L--) acknowledge receipt of a copy of this page, which Is Page a 019 Pa Ser LBP6.2x Rev. two er2ooe MrldaResltoram All Rights Reserved Beds; caroti acat5l•a76ato 4 . • .uvvuiai,wrrv,yuyatnava,rcn.,..y...,....,..«,�... x.._.. tead�as d palet and ttLHpN" wlU mean teal bas tint hazards, which are oondllleria that cause expo a as rrom loau•4srn nnurra,w,.,," .,, .. paint thatts dotettorated or present in accessible aaces or surfaces that rub together, like doors and loth j. 1. Before You Sign a ContractiLease, Before a buyer or tenant becomes ob�igsled by contraotto buy .. tease your houstrt�, yyou must completothe activities listed In A -n below. If you recotve an offer before you provlda the rogtilred Information, you cannot acoep! the offer tsi1i after the Information Is �tush. This may bo accomplishad by making a counteroffer that allows the buyar or tenant an opportunity to review the Information and amend the offer if te or she so chooses, You must, A. Disclose to each licensee or other agent (for purposes of this law, anyone who onterc Into it contract wlih you or your ropresenlathra for the purpose of setltng your oma. except forbuyses agents who are paid solely by the buyer and not by you or your repreaordalive, to aonsktared an °agent') Involved in the transaciIin: (1l the presence of any L13PIL13PH about which you know; (2) any additional information available concerning the LOP/LBPH, Including the Deals for determining that LSPILSPH otdsis, the location of iia L18PILSPH and the condition of the pointed curfaesat and til the existence, of any available records or reports pertalning to LHOMPH. 8. PraVida the buyer ortonantwlth: (1) an IPA•approved lead hazard Informallon pamphlet, We means elihor the FPA document entitled °Protect Your Family From Lead In Your Horne" or an equivalent pamphlet approved by the EPAfor use in Floxlda; and t2j any records or reports aVallabie fo you conceming t.BP/LBPH in the unit, Including records and reports regarding any common Press. If the unit is In multifamily housing that you own and you had an evaluation or reduction of L13MBPH In the housing as a whole, you hoist provide available records and reports regarding other residential dwellings in that housing. c. Discloao to then buyer lir tenant - (I the•prosance of any known LSP/LOPH In the unit; and t2 toy addAtonal Information available concerning the LSPILSPH, such as the battle for detarmining that LHPILBPH exists, the location of the LSPILEIP14 and the condition of the painted surfaces. D. Allow the buyer time to conduct a visit assessment or inspection for the presence of LBP/LBPH, You must give the buyer a 10 day pperlgd unless yyou agree with the boyar, to witting to snother period of time {such as within the time allowed for property Inspection$ or untess the buyertndlootas lnwdting that he or sho w as the right �o conduct the risk assessment or Inspection, This Inspection requirement does nail apply to tenants. 2.8ates contractRequirements, You must ensure that the sates contract has an site menet having the foitowJng elements: A. The follovring iaad Warning Statement: "livery purchaser of any Interest to rest[TonlEai real property on which a residential dwelling was built prior to 18 78 Is notified that such property may present exposure to load from load -bawd paint that stayy place Ile hildren at risk of developing lead potsoning. Lead palsoning fn youn children may produoe permanent neuroic lost dame ,including !ea 4 Isabilldea raducad inleNtgenco quotient behaviarai plabioma, and lmpahacmemorryy Lead paisaning also posse a particutat risko ppiegnent women, ha selteroFany Interest in residential real properly is rt ulrod to praviree the buyer w1Eliany inlatmaRton on lead -basad paint hszaNsfrom rtak acesssmento or inspection In the setter's possession and notify the buysrof any known lead•basad palMhazarde.A tisk assessment or Inspection forpasafbie lead-based painthazards to recommended prkK to purchase,^ S. A statement by you disclosing the presence of known LBP11.8131-1 in the home and any additional inlarmation available concerning to WP1LSPH, such as the basis for determining that it exists, lis location and the condition of the painted surfaces; OR indicating that you have no knowledge of the presence of LBPILBPH In the home. c. A list of any records or reports described in 1.B.(2) above that are available to you and that you have provided to the buyer. OR a statement that no such retards or reports ate available to you. D. A statement by the buyer: (1 eatrmIng too* of the information h 2.8 and O above - {2 ar"WIn9 receipt of the lead hazard Information pgRet noted In 1.13.(1) above; and (3 titathe or she has either had the opportunity to conduct the risk assessment or Inspection required as noted to I.D. above "waived the opportunity B. A statement 6 each real estate licensee/agant Involved in the transaction (hot: {1t the licensealagent has Informed you of your legal obligations,, and i2 the Ilconseolegent Is aware of his or bar duty to ensure comptlanca wlth the law. P. Signatures of you, the ticenseeslagenta and the buyers corNfying to the accuracy of thele statements to the best of their knowledge, and the dates of the signatures. 3. Loses Requirements. As the owner of properly being rented, you must ensure that every (once rorthe unit conlafns language wilhIn the lease Neelf or es an attachment having the following ale gmenlw p hazarrdo Elf oot monaaged prropariStatement: i eadd a pa ureslrV Iss asbuilt p ootalslt before 1078 too oumay ngnoftlldren and p�naantwomen. Before ferttl�rltg chips, re 1878 hauslig, laeseorsemu�st disclose tha presence of feted•based paint and/ortead;bsoed point hararda In the dwa ft. Lessees must also racekra a federally approved pamphlot ion land a of known LBP/Lt3PH in the unit being leased and any additional Information available cansondng the LBP1 It exists, its ibearton and the condition or the painted surfaces; OR tndtdaunu that you have no knowledge e. A Not of arty records.or repports descrtbad In 1.8.(2) above auailabla to you and that you have provided to the tenant, OR a statement that no such records or reports are svelte to to you. D. A statement by the tenant n1 aalrming receipt of the information paragraph S.D. and C. above; and 2� afllrmtng receipt of the toad hazard Information pamphiatnoted In 1.8,(1) above. E. A statement by each real estate Itcenseo/agant Involved In the tramollon that: (11 the licenseelagent has Informed you of your wool ftatlonsl and (2) the ticenseolagent Is aware of his or bar duty to ensure complance with the taw. Sl natures of you, the loonseas/agents and the tonlints cartifyxng to the accuracy of their statements to the beat of thatr knowledge, and the dates of the signs res. a. Record Retention Requirements. Sellers and the Iloonseee/egents involved In the sales transaction must keep a oopy of the completed attachment described In paragraph 2 above for no less than 3 years from the date of closing. Landlords and the llemass/agonts Involved In iia lease inmeaction muAkeep a copy of the completed attachment or lease form described in paragraph 3 above for no lase then 3 years from the first day of the leasing period. ti. Impact of Law and Dtecioaurea. Nothing bt the taw lir ragulatians requires a saNar lir landlord to cortduoi arsy eveiuetion or reduction.activlties. However, lire partfea may voluntarily insert auoh a requirement In tine cantraal. Nelthei you nor the licensors lnvoived In the sale or tease transaction wilt be respotts9nie for the (allure of a boyar's eitenant's legal representative {such as an attamey or broker wife reoeivea all oompensattan (t�oomm the buyer or tenant} to tranarrdt disclosure materials fo the boyarortenant, pravlded thatai! required persona have completed and signed the necessary cettiacaaon and aaimowtedgemsntlanguage desorlbed under paragraphs 2 and 3 above, 'itis tnformailon sheat was provided by Rick faker Beatty . (IleOnsoe} to S@{teriLandlard an the 9x3 day of February 2x198 , Buyer seller{A Listing Ucenase f l Selling t,tcenee0 (_� acknowledge rocaipt of a copy of this page, which Is Page 2 of(2� � LapB-2x Rev, labs a2aoa Florida Realtorso AN Rights Resolved aedeitfi es7otl aeot62 siosexs Commission Agreement~ Sandra Smith Lambert & Cindl Stenroos C Seller/Landlord' j agrees that Rick Baker Realty, LLC ("Broker") may show and will use diligent effort to (Check as applicable) 0 dell ❑ lease SelleealLandlord's Property located at 5816 26th Street, Vero Beach, Fl 32968 ("property") to Indlan Elver County, Florida rProspeor). in the event the Property is (Check as applicable) i@ sold, optioned, or contracted to be sold ❑ teased to Prospect, or any other prospect procured by Broker, on (date] orwithin 30 days (180 days If blank) thereafter, SellerALandlord agrees to pay Broker; ❑$ 0 --- 8,°A of the gross purchase price of the Property, ❑Yo of the gross lease value of a lease executed regarding the Property, ❑ other (specify) _ Rontract to be signed by Indian River Co, within 30 days Seiler/Landlord will pay Broker's fee In the event of sale, at time of closing the sale; or In the event of lease, at time of lease execution. Broker's fee Is due if Seller/Landlord defaults on an executed sales contract or lease with Prospect or if Seller/Landlord agrees with Prospect to cancel an executed sales contract or lease. In any litigation arising out of this agreement, the prevailing party will be entitled to recover from the non-prevalling party reasonable attorney's fees, costs, and expenses. If the Property Is commercial real estate as defined by Section 476.701, Florida Statutes, the following disclosure will apply; The Florida Commercial Real Estate Sales Commission Lien Act provides thatwhen a broker has earned a commission by perfarming licensed services under a brokerage agreement with you, the broker may claim a lien against your net sales proceeds for the broker's commission. The broker's lien rights under the act cannot be waived before the commission Is earned. If the Property is commercial real estate as defined by Section 476.801, Florida Statutes, the following disclosure will apply: The Florida Commercial Real F -state Leasing Commission Lien Act provides that when a broker has earned a commission by performing licensed services under a brokerage agreement with you, the broker may claim a lien against your Interest In the property for the broker's commission. The broker's lien rights under the aot cannot be waived before the commission Is earned, Additional Terms: In the event seller & buyer agree to cancel apy signed contract for sale of subject property, for any reason , therewill no real estate commission. This agreement pertains to the sale to rndl an River Co. only Authorized Broker or Associate CA -1 RBVSM4 sudom 046146S09161-9=09 2-23--103 � ate/& ^ 1 E, Date Date =014 FlWa RedIWO 3120180029601 RECORDED IN THE PUBLIC RECORDS OF JEFFREY R SMITH, CLERK OF COURT INDIAN RIVER COUNTY FL BK: 3116 PG: 1215 Page 1 of 2 5/14/2018 3:18 PM D DOCTAX PD $1,400.00 This Instrument Prepared by and Return to: Jason Beal Atlantic Coastal Land Title Company, LLC 855 21st Street, Suite C Vero Beach, Florida 32960 Our File No.: 48083837 Property Appraisers Parcel Identification (Folio) Number: 32-39-32-00001-0160-00007/0 Florida Documentary Stamps in the amount of $1,400.00 have been paid hereon. Space above this line for Recording Data WARRANTY DEED THIS WARRANTY DEED, made the -3� day of May, 2018, by Sandra Smith Lambert and Cynthia Gail Stenroos, whose post office address is 321 Del Rio Boulevard, Boca Raton, FL 33487, herein called the Grantors, to Indian River County, a political subdivision of the State of Florida, whose post office address is 1801 27th Street, Vero Beach, FL 32960, hereinafter called the Grantee: (Wherever used herein the terms "Grantor" and "Grantee" include all the parties to this instrument and the heirs, legal representatives and assigns of individuals, and the successors and assigns of corporations) W I T N E S S E T H: That the Grantors, for and in consideration of the sum of Ten and 00/100 ($10.00) and other valuable considerations, receipt whereof is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, releases, conveys and confirms unto the Grantee all that certain land situate in INDIAN RIVER County, State of Florida, viz.: The South 1/2 of the South 1/2 of the East 10 acres of Tract 16, Section 32, Township 32 South, Range 39 East, INDIAN RIVER FARMS CO SUB, according to plat thereof as recorded in Plat Book 2, Page 25, of the Public Records of St. Lucie County, Florida. LESS road right of way as set forth in Deed No. 408, as affected by Quit Claim Deed recorded in O.R. Book 260, Page 139, Public Records of Indian River County, Florida. The Grantor herein warrants and avers that Grantor does not reside on the lands conveyed hereby, nor on contiguous land; nor does any member of Grantor's family dependent upon Grantor for support. Subject to easements, restrictions and reservations of record and taxes for the year 2018 and thereafter. TOGETHER, with all the tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining. TO HAVE AND TO HOLD, the same in fee simple forever. AND, the Grantors hereby covenant with said Grantee that the Grantors are lawfully seized of said land in fee simple; that the Grantors have good right and lawful authority to sell and convey said land, and hereby warrant the title to said land and will defend the same against the lawful claims of all persons whomsoever; and that said land is free of all encumbrances, except taxes accruing subsequent to December 31, 2017. File No.: 48083837 LTF IN WITNESS WHEREOF, the said Grantors have signed and sealed these presents the day and year first above written. Signed, sealed and delivered in he presence o£ Witness #1 Signature L n uo \ q) , Wit s #1 Printed Name t� Wjo ss #2 Si nature Witness #2 Printed Name State of Florida County of P AL rA C t4 The foregoing instrument was acknowledged before me this Cynthia Gail Stenroos, ho are personally known to identification. -- SEAL My Commission Expires: v PuB4 2 ° JOHN C. KACZMAREK MY COMMISSION # FF 175357 9OFFl-SAP EXPIRES: January 17, 2019 File No.: 48083837 4 �" (Seal) Sandra Smith Lambert Q Sea ) Cys ted Gail Ste >r oos (0 "day of May, 2018, by Sandra Smith Lambert and me or have produced as Notary Public Printed Notary Name LTF OWNER'S POLICY OF TITLE INSURANCE (with Florida Modifications) * Policy Number OXFL-08714058 File Number: 48083837 7tr ** Issued by Old Republic National Title Insurance Company * Any notice of claim and any other notice or statement in writing required to be given to the Company under this Policy must be given to the Company at the address shown in Section 18 * of the Conditions. COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B, AND THE CONDITIONS, OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, a Florida corporation (the "Company") insures, as of Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the insured by reason of: 1. Title being vested other than as stated in Schedule A. 2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from (a) A defect in the Title caused by (i) forgery, fraud, undue influence, duress, incompetency, incapacity, or impersonation; (ii) failure of any person or Entity to have authorized a transfer or conveyance; (iii) a document affecting Title not properly created, executed, witnessed, sealed, acknowledged, notarized, or delivered; (iv) failure to perform those acts necessary to create a document by electronic means authorized by law; (v) a document executed under a falsified, expired, or otherwise invalid power of attorney; (vi) a document not properly filed, recorded, or indexed in the Public Records including failure to perform those acts by electronic means authorized by law; or (vii) a defective judicial or administrative proceeding. (b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid. (c) Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. The term "encroachment" includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land. 3. Unmarketable Title. 4. No right of access to and from the Land, 5. The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (a) the occupancy, use, or enjoyment of the Land; (b) the character, dimensions, or location of any improvement erected on the Land; (c) the subdivision of land; or (d) environmental protection if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to enforce, but only to the extent of the violation or enforcement referred to in that notice. In Witness Whereof, OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, has caused this policy to be signed and sealed as of Date of Policy shown in Schedule A, the policy to become valid when countersigned by an authorized signatory of the Company. Policy issuer: Countersigned: ATLANTIC COASTAL LAND TITLE COMPANY, LLC 855 21ST STREET, C CENTERSTATE BANKNK BLDG, 2ND FLR OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY VERO BEACH, FL 32960 A Stock Company PHONE: (772) 569-4364 400 Second Avenue South, Minneapolis, Minnesota 55401 (612) 371-1111 i� Authorized Officer or Licensed Agent ORT Form 4309 FL ALTA Owners Policy of Title insurance 6-17-06 (with Florida Modifications) By "(�" President Attest —WA Secretary 6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforcement action, describing any part of the Land, is recorded in the Public Records, but only to the extent of the enforcement referred to in that notice. 7. The exercise of the rights of eminent domain if a notice of the exercise, describing any part of the Land, is recorded in the Public Records. 8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge. 9. Title being vested other than as stated in Schedule A or being defective (a) as a result of the avoidance in whole or in part, or from a court order providing an alternative remedy, of a transfer of all or any part of the title to or any interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential transfer under federal bankruptcy, state insolvency, or similar creditors' rights laws; or (b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy, state insolvency, or similar creditors' rights laws by reason of the failure of its recording in the Public Records (i) to be timely, or (ii) to impart notice of its existence to a purchaser for value or to a judgment or lien creditor. 10. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has been created orattachedor has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. The Company will also pay the costs, attorneys' fees, and expenses incurred in defense of any matter insured against by this Policy, but only to the extent provided in the Conditions. The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; ORT Form 4309 FL ALTA owners Policy of Title Insurance 6-17.06 (with Florida Modifications) (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. 4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting the Title as shown in Schedule A, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy. 5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. Page 2 1. DEFINITION OF TERMS The following terms when used in this policy mean: (a) "Amount of Insurance": The amount stated in Schedule A, as may be increased or decreased by endorsement to this policy, increased by Section 8(b), or decreased by Sections 10 and 11 of these Conditions. (b) "Date of Policy": The date designated as "Date of Policy" in Schedule A. (c) "Entity": A corporation, partnership, trust, limited liability company, or other similar legal entity. (d) "Insured": The Insured named in Schedule A. (i) The term "Insured" also includes (A) successors to the Title of the Insured by operation of law as distinguished from purchase, including heirs, devisees, survivors, personal representatives, or next of kin; (8) successors to an Insured by dissolution, merger, consolidation, distribution, or reorganization; (C) successors to an Insured by its conversion to another kind of Entity; (D) a grantee of an Insured under a deed delivered without payment of actual valuable consideration conveying the Title (1) if the stock, shares, memberships, or other equity interests of the grantee are wholly-owned by the named Insured, (2) if the grantee wholly owns the named Insured, (3) if the grantee is wholly-owned by an affiliated Entity of the named Insured, provided the affiliated Entity and the named Insured are both wholly-owned by the same person or Entity, or (4) if the grantee is a trustee or beneficiary of a trust created by a written instrument established by the Insured named in Schedule A for estate planning purposes. (ii) With regard to (A), (B), (C), and (D) reserving, however, all rights and defenses as to any successor that the Company would have had against any predecessor Insured. (e) "Insured Claimant": An Insured claiming loss or damage. (f) "Knowledge" or "Known": Actual knowledge, not constructive knowledge or notice that may be imputed to an Insured by reason of the Public Records or any other records that impart constructive notice of matters affecting the Title. (g) "Land": The land described in Schedule A, and affixed improvements that by law constitute real property. The term "Land" does not include any property beyond the lines of the area described in Schedule A, nor any right, title, interest, estate, or easement in abutting streets, roads, avenues, alleys, lanes, ways, or waterways, but this does not modify or limit the extent that a right of access to and from the Land is insured by this policy. (h) "Mortgage": Mortgage, deed of trust, trust deed, or other security instrument, including one evidenced by electronic means authorized by law. (i) "Public Records": Records established under state statutes at Date of Policy for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without Knowledge. With respect to Covered Risk 5(d), "Public Records" shall also include environmental protection liens filed in the records of the clerk of the United States District Court for the district where the Land is located. (j) "Title": The estate or interest described in Schedule A. (k) "Unmarketable Title": Title affected by an alleged or apparent matter that would permit a prospective purchaser or lessee of the Title or lender on the Title to be released from the obligation to ORT Form 4309 Fl. ALTA Owners Policy of Title Insurance 6-17-06 (with Florida Modifications) purchase, lease, or lend if there is a contractual condition requiring the delivery of marketable title. 2. CONTINUATION OF INSURANCE The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title. This policy shall not continue in force in favor of any purchaser from the Insured of either (i) an estate or interest in the Land, or (ii) an obligation secured by a purchase money Mortgage given to the Insured. 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT The Insured shall notify the Company promptly in writing (i) in case of any litigation as set forth in Section 5(a) of these Conditions, (ii) in case Knowledge shall come to an Insured hereunder of any claim of title or interest that is adverse to the Title, as insured, and that might cause loss or damage for which the Company may be liable by virtue of this policy, or (iii) if the Title, as insured, is rejected as Unmarketable Title. If the Company is prejudiced by the failure of the Insured Claimant to provide prompt notice, the Company's liability to the Insured Claimant under the policy shall be reduced to the extent of the prejudice. 4. PROOF OF LOSS In the event the Company is unable to determine the amount of loss or damage, the Company may, at its option, require as a condition of payment that the Insured Claimant furnish a signed proof of loss. The proof of loss must describe the defect, lien, encumbrance, or other matter insured against by this policy that constitutes the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. 5. DEFENSE AND PROSECUTION OF ACTIONS (a) Upon written request by the Insured, and subject to the options contained in Section 7 of these Conditions, the Company, at its own cost and without unreasonable delay, shall provide for the defense of an Insured in litigation in which any third party asserts a claim covered by this policy adverse to the Insured. This obligation is limited to only those stated causes of action alleging matters insured against by this policy. The Company shall have the right to select counsel of its choice (subject to the right of the Insured to object for reasonable cause) to represent the Insured as to those stated causes of action. It shall not be liable for and will not pay the fees of any other counsel. The Company will not pay any fees, costs, or expenses incurred by the Insured in the defense of those causes of action that allege matters not insured against by this policy. (b) The Company shall have the right, in addition to the options contained in Section 7 of these Conditions, at its own cost, to institute and prosecute any action or proceeding or to do any other act that in its opinion may be necessary or desirable to establish the Title, as insured, or to prevent or reduce loss or damage to the Insured. The Company may take any appropriate action under the terms of this policy, whether or not it shall be liable to the Insured. The exercise of these rights shall not be an admission of liability or waiver of any provision of this policy. If the Company exercises its rights under this subsection, it must do so diligently. (c) Whenever the Company brings an action or asserts a defense as required or permitted by this policy, the Company may pursue the litigation to a final determination by a court of competent jurisdiction, and it expressly reserves the right, in its sole discretion, to appeal any adverse judgment or order. Page 3 CONDITIONS (cmo't) 6 DUTY OF INSURED CLAIMANT TgCOOPERATE (a) Inall cases where this policy permits mrequires the Company Luprosecute orprovide for the defense nfany action urproceeding and any appeals, the Insured shall secure tuthe Company the right tnooprosecute orprovide defense inthe action orproceeding, including the right tuuse, atits option, the name nfthe Insured for this purpose. Whenever requested bythe Company, tile Insured, otthe Company's expense, shall give the Company all reasonable aid (i)insecuring evidence, obtaining witnesses, prosecuting ur defending the action urproceeding, ureffecting settlement, and (ii)inany other lawful act that inthe opinion ofthe Company may banecessary ordesirable 0uestablish the Title urany other matter as insured. /fthe Company ioprejudiced hythe failure ofthe Insured to furnish the required cooperation, the Company's obligations tothe Insured under the policy shall terminate, including any liability orobligation todefend, prosecute, orcontinue any litigation, with regard tothe matter nrmatters requiring such cooperation. (b)The Company may reasonably require the Insured Claimant tu submit toexamination under oath bvany authorized representative ofthe Company and |oproduce for examination, inspection, and copying, utsuch reasonable times and places uxmay bodesignated bythe authorized representative nfthe Company, all records, in whatever medium maintained, including books, ledgers, checks, memoranda, correspondence, reports, n-mai/o.disks, tapes, and videos whether bearing adate before orafter Date ofPolicy, that reasonably pertain tothe loss ordamage. Further, ifrequested hy any authorized representative ofthe Company, the Insured Claimant shall grant its permission, inwriting, for any authorized representative ofthe Company tu.exomine.inspect, and copy all nfthese records inthe custody orcontrol ufathird party that reasonably pertain to, the loss nrdamage. All information designated ooconfidential by the Insured Claimant provided tothe Company pursuant Nthis Section shall not bndisclosed toothers unless, inthe reasonable judgment ofthe Company, itionecessary inthe administration uf the claim. Failure nfthe Insured Claimant tosubmit for examination under oath, produce any reasonably requested information, ur grant permission tosecure reasonably necessary information from third parties exrequired inthis subsection, unless prohibited hy law urgovernmental regulation, shall terminate any liability ofthe Company under this policy antothat claim. 7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION OF LIABILITY |ncase ufaclaim under this policy, the Company shall have the following additional options: (a)ToPay urTender Payment ofthe Amount ofInsurance. lopay ortender payment ofthe Amount nfInsurance under this policy together with any costs, ottumeym'f000.and expenses incurred bythe Insured Claimant that were authorized bythe Company uptnthe time ufpayment mtender ofpayment and that the Company iuobligated topay. Upon the exercise bythe Company ufthis option, all liability and obligations ofthe Company tuthe Insured under this policy, other than tomake the payment required inthis subsection, shall terminate, including any liability orobligation tudefend, prosecute, urcontin- ue uny|itiQodun. (b)TuPay urOtherwise Settle With Parties Other Than the Insured orWith the Insured Claimant. (i)tnpay o/otherwise settle with other parties for orinthe name ufonInsured Claimant any claim insured against under this ORT Form 4309a ALTA Owners Policy of Title Insurance 6-17-06 (with Florida Modifications) policy. haddition, the Company will pay any costs, attomoy'feoo and expenses incurred bythe Insured Claimant that were authorized bythe Company up0othe time nfpayment and that the Company ix obligated topay; or (ii)tnpay orotherwise settle with the Insured Claimant the loss ur damage provided for under this policy, together with any costs, uttnmeym'fuoo.and expenses incurred bythe Insured Claimant that were authorized bythe Company upNthe time ofpayment and that the Company /oobligated topay. Upon the exercise bythe Company ofeither of the options provided for insubsections (b)(i)or(ii),the Company's obligations tothe Insured under this policy for the claimed loss urdamage, other than the payments required tobomade, shall terminate, including any liability orobligation Ndefend, prosecute, orcontinue any 8. DETERMINATION AND EXTENT OF LIABILITY This policy isacontract ofindemnity against actual monetary loss ur damage sustained nrincurred bythe Insured Claimant who has suffered loss urdamage byreason ufmatters insured against bythis policy. (a)The extent ofliability ufthe Company for loss urdamage under this policy shall not exceed the lesser of (i)the Amount ofInsurance; o/ (ii) the difference between the value ufthe Title ouinsured and the value o/the Title subject 0othe risk insured against bythis policy. (b)|fthe Company pursues its rights under Section 5ufthese Conditions and iounsuccessful inestablishing the Title, ooinsured, (i)the Amount ufInsurance shall heincreased bylO%'and (ii)the Insured Claimant shall have the right iuhave the loss or damage determined either aoofthe date the claim was made hy the Insured Claimant oraoofthe date hixsettled and paid. (v)!naddition tothe extent- ufliability under (a)and (b[the Company will also pay those costs, attorneys' fees, and expenses incurred in accordance with Sections 5and 7ofthese Conditions. 9. LIMITATION @FLIABILITY (a)Uthe Company establishes the Title, mremoves the alleged defect, lien, orencumbrance, orcures the lack ofaright ofaccess 1oorfrom the Land, nrcures the claim ofUnmarketable Title, all ax insured, inareasonably diligent manner byany method, including litigation and the completion ufany appeals, bshall have fully performed its obligations with respect tuthat matter and oha||not heliable for any loss ordamage caused (othe Insured. (b)hthe event ufany litigation, including litigation bythe Company orwith the Company's consent, the Company shall have nnliability for loss ordamage until there has been efinal determination byo court ufcompetent jurisdiction, and disposition nfall appeals, adverse 1nthe Title, aoinsured. (r)The Company shall not beliable for loss ordamage tuthe Insured for liability voluntarily assumed hythe Insured insettling any claim orsuit without the prior written consent ufthe Company. 10.REDUCTION 8FINSURANCE; REDUCTION ORTERMINATION OF LIABILITY All payments under this policy, except payments made for costs, attorneys' fees, and expenses, shall reduce the Amount nfInsurance bythe amount ofthe payment. CONDITIONS (can't) 11. LIABILITY NONCUMULATIVE The Amount of Insurance shall be reduced by any amount the Company pays under any policy insuring a Mortgage to which exception is taken in Schedule B or to which the insured has agreed, assumed, or taken subject, or which is executed by an Insured after Date of Policy and which is a charge or lien on the Title, and the amount so paid shall be deemed a payment to the Insured under this policy. 12. PAYMENT OF LOSS When liability and the extent of loss or damage have been definitely fixed in accordance with these Conditions, the payment shall be made within 30 days. 13. RIGHTS OF RECOVERY UPON PAYMENT OR SETTLEMENT (a) Whenever the Company shall have settled and paid a claim under this policy, it shall be subrogated and entitled to the rights of the Insured Claimant in the Title and all other rights and remedies in respect to the claim that the Insured Claimant has against any person or property, to the extent of the amount of any loss, costs, attorneys' fees, and expenses paid by the Company. If requested by the Company, the Insured Claimant shall execute documents to evidence the transfer to the Company of these rights and remedies. The Insured Claimant shall permit the Company to sue, compromise, or settle in the name of the Insured Claimant and to use the name of the Insured Claimant in any transaction or litigation involving these rights and remedies. If a payment on account of a claim does not fully cover the loss of the Insured Claimant, the Company shall defer the exercise of its right to recover until after the Insured Claimant shall have recovered its loss. (b) The Company's right of subrogation includes the rights of the Insured to indemnities, guaranties, other policies of insurance, or bonds, notwithstanding any terms or conditions contained in those instruments that address subrogation rights. 14. ARBITRATION Unless prohibited by applicable law, arbitration pursuant tothe Title Insurance Arbitration Rules of the American Arbitration Association may be demanded if agreed to by both the Company and the Insured at the time of a controversy or claim. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Insured arising out of or relating to this policy, and service of the Company in connection with its issuance or the breach of a policy provision or other obligation. Arbitration pursuant to this policy and under the Rules in effect on the date the demand for arbitration is made or, at the option of the insured, the Rules in effect at Date of Policy shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the Land is located permit a court to award attorneys' fees to a prevailing party. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court having jurisdiction thereof. The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules. A copy of the Rules may be obtained from the Company upon request. ORT Form 4309 FL ALTA Owners Policy of Title Insurance 6-17-06 (with Florida Modifications) 15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE CONTRACT (a) This policy together with all endorsements, if any, attached to it by the Company is the entire policy and contract between the Insured and the Company. In interpreting any provision of this policy, this policy shall be construed as a whole. (b) Any claim of loss or damage that arises out of the status of the Title or by any action asserting such claim whether or not based on negligence shall be restricted to this policy. (c) Any amendment of or endorsement to this policy must be in writing and authenticated by an authorized person, or expressly incorporated by Schedule A of this policy. (d) Each endorsement to this policy issued at any time is made a part of this policy and is subject to all of its terms and provisions. Except as the endorsement expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsement, (iii) extend the Date of Policy, or (iv) increase the Amount of insurance. 16. SEVERABILITY In the event any provision of this policy, in whole or in part, is held invalid or unenforceable under applicable law, the policy shall be deemed not to include that provision or such part held to be invalid, but all other provisions shall remain in full force and effect. 17. CHOICE OF LAW; FORUM (a) Choice of Law: The Insured acknowledges the Company has underwritten the risks covered by this policy and determined the premium charged therefor in reliance upon the law affecting interests in real property and applicable to the interpretation, rights, remedies, or enforcement of policies of title insurance of the jurisdiction where the Land is located. Therefore, the court or an arbitrator shall apply the law of the jurisdiction where the Land is located to determine the validity of claims against the Title that are adverse to the Insured and to interpret and enforce the terms of this policy. In neither case shall the court or arbitrator apply its conflicts of law principles to deter- mine the applicable law. (b) Choice of Forum: Any litigation or other proceeding brought by the Insured against the Company must be filed only in a state or federal court within the United States of America or its territories having appropriate jurisdiction. 18. NOTICES, WHERE SENT Any notice of claim and any other notice or statement in writing required to be given to the Company under this policy must be given to the Company at 400 Second Avenue South, Minneapolis, Minnesota 55401-2499, Phone: 612-371-1111. Page 5 Schedule A OWNER'S POLICY Issued by Old Republic National Title Insurance Company 400 Second Avenue South * * Minneapolis, MN 55401-2499 * (612) 371-1111 File No.: 48083837 Policy No.: OXFL-08714058 Address Reference: 5816 26th Street, Vero Beach, FL 32966 Amount of Insurance: $200,000.00 Premium: $1,075.00 Date of Policy: 5/14/2018 @ 3:18 PM 1. Name of'Insured: Indian River County, a political subdivision of the State of Florida 2. The estate or interest in the Land that is insured by this policy is a Fee Simple. 3. Title is vested in: Indian River County, a political subdivision of the State of Florida. 4. The land referred to in this policy is described as follows: The South 112 of the South 1/2 of the East 10 acres of Tract 16, Section 32, Township 32 South, Range 39 East, INDIAN RIVER FARMS CO SUB, according to plat thereof as recorded in Plat Book 2, Page 25, of the Public Records of St. Lucie County, Florida. LESS road right of way as set forth in Deed No. 408, as affected by Quit Claim Deed recorded in O.R. Book 260, Page 139, Public Records of Indian River County, Florida. Atlantic Coastal Land Title Company, LLC Authorized Signatory ORT Form 4309 FL A Schedule A for ALTA Owners Policy of Title Insurance 6-17-06 Agent File No.: 48083837 Old Republic National Title Insurance Company 400 Second Avenue South, Minneapolis, Minnesota, 55401 (612) 371-1111 W OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY File No.: 48083837 OWNER'S PO/ICY Schedule Policy No.: OXFL-08714058 This policy does not insure against loss or damage, and the Company will not pay costo,fees, or expenmeothotmr�ebvnsoaonot ' 1.Any encroachment, encumbrance, violation, variation, madverse circumstance�l��� would be disclosed �mn accurate and �mp�� land mu����e Land. The term- "encroachment" includes encroachments of existing improvements |ooebad on the band onto adjoining |mnd, and encroachments on the Land of existing improvements located on adjoining land 2. Rights orclaims ofparties (npossession. 3. Construction, Mechanic's, Contractors' or Moteha|nnan\s lien claims, if any, where no notice thereof appears ofrecord. 4. Easemento, or claims of easements, not recorded in the Public Records. 5. General orspecial taxes for the year 2018and subsequent years. 6. ReathoUqnn, dedicmtono, oond|Uona, reoenxationa, eanements, public roads, drainage ditches, uano|o and other matters shown on the plat of |N[]|/\N RIVER FARMS CO SUB, according to plat thereof ee recorded in Plat Book 2, Page 25, of the Public Records of St. Lucie County, Florida. 7. Easement in favor of Florida Power & Light Company recorded in O.R. Book 505. Page 30. of the Public Records ofIndian River County, Florida. 8. Any |nmoounany in the area, square footage, or mun*oQe of land described in Schedule /\orattached plat, ifany. The Company does not insure the area, square footage, oracreage of the land. ORT Form 4309for ALTA Owners Policy of Title Insurance 6-17-06 us A. Settlement Statement U.S. Department of Housing and Urban Development OMB Approval No. 2502-0265 B. Type of Loan 1. ❑ FHA 2. ❑ RHS 3. ❑ Conv. Unins. 4. ❑ VA 5. ❑ Conv. Ins. 4 6. File Number 48083837 7. Loan Number 8. Mortgage Insurance Case Number C. Note: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked "(p.o.c.)" were paid outside the closing; they are shown here for information purposes and are not included in the totals. D. Name and Address of Borrower Indian River County, a political subdivision of the State of Florida 1801 27th Street Vero Beach, Florida 32960 E. Name and Address of Seller Sandra Smith Lambert Cynthia Gail Stenroos 321 Del Rio Boulevard Boca Raton, Florida 33487 F. Name and Address of Lender G. Property Location 5816 26th Street Vero Beach, Florida 32966 INDIAN RIVER H. Settlement Agent Atlantic Coastal Land Title Company, LLC 855 21 sl St. Suite C, Vero Beach, FL 32960 Place of Settlement 855 21 st Street Suite C Vero Beach, Florida 32960 I. Settlement Date 05/07/18 J. SUMMARY OF BORROWER'S TRANSACTION: K. SUMMARY OF SELLER'S TRANSACTION: 100. GROSS AMOUNT DUE FROM BORROWER 400. GROSS AMOUNT DUE TO SELLER 101. Contract sales price 200 OOO.DO 401. Contract sales price 200,000.00 102. Personal property 402. Personal property 103. Settlement charges to borrower line 1400 34.50 403. 104. 404. 105. 405. Adjustments for items paid by seller in advance Adjustments for items paid by seller in advance 106. Cit /town taxes to 406. Cit /town taxes to 107. County taxes to 407. County taxes to 108. Assessments to 408. Assessments to 109. 409. 110. 2018 Real Estate Taxes 613.30 410. 111. 411. 112. 412. 120. GROSS AMOUNT DUE FROM BORROWER 200,647.80 420. GROSS AMOUNT DUE TO SELLER 200 000.00 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER 500. REDUCTIONS IN AMOUNT TO SELLER 201. Deposit or earnest money 501. Excess Deposit (see instructions) 202. Principal amount of new loan(s) 502. Settlement charges to seller (line 1400) 14,911.00 203. Existing loan(s) taken subject to 503. Existing loans taken subject to 204. 504. Payoff of first mortgage loan 205. 505. Payoff of second mortgage loan 206. 506. 207. 507. 208. 508. 209. 509. Adjustments for items unpaid by seller Adjustments for items unpaid by seller 210. Cit /town taxes to 510. Cit /town taxes to 211. County taxes 01/01/2018 to 05/07/2018 613.30 511. County taxes 01/01/2018 to 05/07/2018 613.30 212. Assessments to 512. Assessments to 213. 513. 214. 514. 215. 515. 216. 516. 217. 517. 218: 518. 219. 519. 220, TOTAL PAID BY / FOR BORROWER 613.30 520. TOTAL REDUCTION AMOUNT DUE SELLER 15 524.30 300. CASH AT SETTLEMENT FROM OR TO BORROWER 600. CASH AT SETTLEMENT TO OR FROM SELLER 301. Gross amount due from borrower line 120 200,647.80 601. Grass amount due to seller line 420 200,000.00 302. Less amounts paid by/for borrower line 220 613.30 602. Less reduction amount due to seller line 520 15,524.30 303. CASH FROM BORROWER 200,034.50 603. CASH TO SELLER 184,475.70 05-04-2018 at 12:55 PM form HUD -1 (3/86) ref Handbook 4305.2 U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SFTri FMFNT CTATFMFIJT 700. L. SETTLEMENT CHARGES: File Number. 48083837 TOTAL SALES/BROKER'S COMMISSION based on price $ 200 000.00 Division of commission line 700 as follows: 6.00 = PAID FROM 12,000.00 BORROWER'S FUNDS AT SETTLEMENT PAID FROM SELLER'S FUNDS AT SETTLEMENT 701. 702. $ 12 000.00 to Rick Baker Realty,LLC $ to 703. Commission paid at Settlement 12,000.00 704. 800. ITEMS PAYABLE IN CONNECTION WITH LOAN P.O.C. 801. Loan Origination Fee 802. Loan Discount 803. Appraisal fee to 804. Credit report to 805. Lenders inspection fee to 806. Mtg. ins. application fee to 807. Assumption fee to 808. 809. 810. 811. 812. 813. 814. 815. 900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901. Interest from to $ /day 902. Mortgage insurance premium to 903. Hazard insurance premium yrs. to 904. 905. 1000. RESERVES DEPOSITED WITH LENDER FOR 1001. Homeowners insurance mo. $ / mo. 1002. Mortgage insurance mo. $ / mo. 1003. City propertytaxes mo. $ / mo. 1004. County propertytaxes 0 mo. $ / mo. 1005. Annual Assessments mo. $ / mo. 1006. mo. $ / mo. 1007. mo. $ / mo. 1008. Aggregate Reserve for Hazard/Flood Ins, City/County Prop Taxes, Mortgage Ins & Annual Assessments 1100. TITLE CHARGES 1101. Settlement or closing fee to Atlantic Coastal Land Title Company, LLC 300.00 1102. Abstract or title search to Atlantic Coastal Land Title Company,LLC 85.00 1103. Title examination to 1104. Ttle insurance binder to 1105. Document preparation to 1106. Notary fees to 1107. Attorney's fees to includes above item No: 1108. Title insurance to 1,075.00 1109. 1110. includes above item No: Lender's coverage Owner's coverage 200 000.00 --1,075.00 1111. Digital Archive/LandTech Fee Forensis/LandTech 35.00 1112. Wire Fees CenterState Bank 16.00 16.00 1113. 1200. GOVERNMENT RECORDING AND TRANSFER CHARGES 1201. Recording fees Deed $ 18.50 Mortgage $ ; Releases $ 18.50 1202. Cit /count /stam s Deed $ ; Mortgage $ 1203. State tax/stamps Deed $ 1,400.00 Mortgage $ 1,400.00 1204. Intangible Tax Deed $ Mortgage $ 1205. 1300. ADDITIONAL SETTLEMENT CHARGES 1301. Survey to 1302. Pest inspection to 1303. 1304. 1305. 1306. 1307. 1308. 1400. TOTAL SETTLEMENT CHARGES enter on lines 103 and 502, Sections J and K 34.50 14,911.00 05-04-2018 at 12:55 PM form HUD -1 (3/86) ref Handbook 4305.2 HUD -1 SETTLEMENT STATEMENT File Number: 48083837 I have carefully reviewed the HUD -1. Settlement Statement and to the best of my knowledge and belied it is a true and accurate statement of all receipts and disbursements. made on my account or by me in this transaction. I further certify that i have received a copy of the HU.D-1 Settlement Statement. -- Buyer I ver . aunty_ ,!^p William K. beBraal, Deputy .County Attorney bi the event a proration of taxes is necessary when the tax bills for the current year are prepared, the parties agree to handle said re-prorations between themselves. Sandra Smith Lambert Sellers Cynthia Gail Stenroos Settlement Agent The HUD -I Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused or will cause the funds to be disbursed in accordance with this statement. Atlantic Coastal: Land Title Company, LLC By: Date: May 7th, 2018. HUD -1 SETTLEMENT STATEMENT File Nurriber: 48093957 I -have carefully reviewed the HUD -1 Settlement Statement and to the best of my knowledge and, belief, it is a true and. accurate statement. of all receipts and disbursementi made on my.account I or.by me in this transaction. 1- further certify that'I have received'a copy of the HUD -1 Settlement Statern . ent:. Indian River County William K. OeBraal,.Deputy County Attorney In the event a. proration of 'taxes is, necessary when the tax bills. for the current year are prepared, the :. parties agree to handle said re-prorations between themselves. Sandra Smith Larribert Sellers 4t--- 3 Qfihia,GtiiISte 6 O os V Settlement Agent T * he HUD -1 Settlement Statement which I have. prepared is a, true and accurate account.of this transaction. 1have caused or will cause. thefunds:to. be disbursed in accordance with this statement. Atlantic Coastal Land Title Company; LLC, By; Date: May 7th, 2018