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HomeMy WebLinkAbout2001-041i 40 " U.S, Department of [dousing and Urban Development Sales Contract 01fice of Housing (fi (1U } f+ Property Disposition Program Federal Housing C�o�rrunissioner I � �� I. I (We), � ���!1r�' �K �PS�st� � �[� �fal%.7--�a4i1i�11�5�Ci�:�� {tuncs�erin q {Purcbaser(s)) agree. to purchase on tile tem e rs vel forts herein, the following prupurly, as inure particularly ` '7 � deseribcd in the (teed cnnvcyint the paa,perq' In the Sceretary tlI lousing and Urbilr I)cve9npnrenl: (str r10 -1lu'r 4lor, drool namo, anti nuirbor, N appllcr16k1, city, county, $ralo) 2. 'I'llo secretary of Ilnusing and Urban Devcl}pincnl (Seller) agrees to sell the property as the price: and terms set forth herein, and to luoparc a deed containing a covenant which warrants against the aces of the Seller and all claiming, fly. through or ander him. 1"itle will he taken in trite following nar11L(s)andstyle: ll`)�lpF� RiUE2 CCx?N _� Ear �t}ii11,' CQMfhd SStC?M1 __-- a. flocagree[dpinchase price ofthe properly is....... .............. ...... ............. ....... .............T 3..SyJ=C7iS purchaser has paid $ C ;Is eiraest money° In he f111plicll on fill, Ili rchase price•, and agrees its pay (lie l,.ilance of file purchase price plus`[a minus proralions. at the nine of closing., In cash to Seller. 'I-lle tarries( motley deposit slanll 4. ParC1}rrSea i4 applying fore[ j11r�1 illsmct f financing ( [^ 1243(h] l2(1 iib) repair escrow, .12{13(k)i with rt cash [town'+1 Inc nt of SS --m-1 - _ d LIV a CIUGind, 1111911Ile h al all Le-SCCUrCII by a nt[ rignge II} ill' amount of for .MIA _ anontlls [flocs not include F1 Mortgage Insurance 1'reanitanl. prepaid expenses or closing costs Scllcr has agreed to fund roti n1kage.). [.Said,mortgage in vesarepaires l,walnuunling[is S - I'urch tier is payin cash rapplying fa r[r,nvelllaonti Fir[ Ihcr finan[ nig nal involving 1 i1A S. ;Scllcr mall pay reasonable and cUGlomaf\ ecus, hot not snore than aclual co: Is, nar ramp Ili an pard 1,} it typical Seller Q in the arca. ofnhlainingRnancfig andlnrclosing (r:xcludinghrokersentranis,nm)urmanlauinl}[}IIaLXlL•C[I,. 6a. Uprna salesciming, Selleragrees In pay to the broker idenrified below xc[,intnission (including selling hones, if offercd by seller) of..............................................._........................---...........,. .........,...........T 6 i S 6b. If hroker identified below isnotthe broad listing broker, broad listing hn,kCI-Will rLCCiye IN comnnission of:....s 6h. S C, 7, `I'hc ncI amount due Sel)er is {l'urchasc price iilrm 3 i Icss hdlil5 S and 6p ................... ,.............. ............................T 8. Purchaser is: owner-accupout (will occupy this property ati primary residence) [- -.j investor nonprofit nrga nimlion y public housing agencyother government igen(}. Discount it closing: ern ?6T,001 will rednred by aroorfnfl, if any, listed air litre Peons 5 and 6. 4, Time is of tilt essence as to closing. `I hit sale dull close not Later Win clays frnan Sellers acceptance of contract. (1 -Ing shall be hell at the office of Seller's designated closing agent or I - �_Pf_ — I(). If Serlerdo,,notacceptlltisofifer'.Scllcr may u}aynot mollsuchoffer `as,ahack-up to acccplcdoffer. 11. Lead based paint addendum xl is I is nil .attached Other addendum x k is not attichecl hrret l and slack part of [his contract. 12. Should I'irrchoser refuse or oihccr_wi+c for i l t1 perforin do ncco rdance With ill i5 ro l atruet, Ili clod ing file tln1 L• hila RIF Ito n, Seller in try, a Seller's scale optioll, retain a 11 or a p onion of the dep osil a s lfaIli fdat(xt d am ages. The Seller rescrvcs file rip It tprap ply the ell wrest inolley, or any portion thereFi r, to any suers which niay he owed by the Purchaser to the Seller for rent. Purchasers} InitlalS „ Seller's Inilials: 13. 'flus enntrnet is subject to IhcCunditi[,n of Sale un the reverse hereof, wlnch:rru inc[ rllorr[aled herein and Inade pert of tills contract - Certification of Purchaser: The undersigned certifies that ill nffixiug hisylterlits signature to this contract helsliclil wlderstandst (1) all the contents thureaf (including the Conditions of Sale) fined is in 09TMuen( therewith without protest; (2) heishel'it is responsible fer satisfying itself as to the frill condition of the property; Find (3) that Seller will not perform repairs after acceptance of this contract. Purchaserts)- (type of aI Pan 5 a sign) Purchasor(s) Arklres Cffiott)i�rY' il� C�ru,N, CIVirr0111,) {94o a!5 5`[C.r�. _-�.'��r.�z� ��-�a0a��n 1j�a �� �c�t, t�� ���ic�C��33+�5 l�GtrfJ_ _ Purchasers) Social Security NurNlar (SSN) fir Employer ldenaitication Nurnb r tf:INj (Inedurfo hylAiuns) Phmae NO: naso Furchasir{s}Siyneci a:nnnacl. J(„i��,i-i7cy x 02-13-2001 seiner: Secretary of Housing and Urban Development By: (typo naine a line, a sign) DOW contract Accepted by Hutt - Certification of Broker: -file untie iglted Certifies that: (I) IScilller [wAhe nor :anyone authorized Ill ticl for 161111he'r has dcrhnc•d lu sell the puoperty described herein to or to make it avaflaIIle for impection or cons ideradion by it pen sped the purell wee he cause of Irislim race, culnr, rvI gwn. sex, fannlial status, national origin, or disability; (2) helshc hm both prnvide[I and ckpdalalcd to llae purcbaser the notice rcgardiig use of Scllcr'+ clnsu}g :agent; (3) helshe has explained fully to the purchaser lllc untire teras (of the Contract. including Condition 11 on WL• ie'verse hereof; and I-1) livAlle Is it, coleoptile( wills seller's earnest stoney policy as set forth oil 11 ill) fauns SAMS- I I 11. I'+ayee Name aril Address. anti SAMS-I I I I -A. Sc:lhng diroker5'ertificralion. which heMic has executed and filed Willi Seller. jfokers fiaslness Nanlo 8 Address (tor I iS repontng} t{netuda Zip Code] Type at prini e name and phone number of sales person. is section for HUD use only. Broker notified of: Acceptance [_ 19ack-Up No. -----.-- . Return Earnest (Previous editions are obsolete 61okor'■sss E`1II faj/r.((ySSM: (include hy[ohuus) Signahlre If3roim x u I � Safgnanue A halm: original .SAMS Afi'S ono No: ---- Ill /f+ ref. Handbook 431515 form HUD -9540 (1198) +! 40 M, kr'rar�,lovrtl�sal ADDENDUM TO SALES CONTRACT $ I Home Sales to Local Governments Program PROPERTY ADDRESS: 584 STH STREET sw VERO BEACH FL 32962 US FHA CASE NUMBER: 494121959 ■ The proposed disposition strategies, goals and objective for purchasing this property are: (Purchase may list a number of alternative strategies here.) The Indian Diver Board of County Commissioners as the eligible unit of local (county) government, intends to purchase the above refe c.n( d property and convey it to the Indian River Homeless Services Council, Inc, a Florida Non - Profit Corporation (501 cal which is the lead agency for the HUD Continuum of Care for the Homeless. The purp9se of this conve ante is to allow the ro ent to be rehabilitated and used as affordable housing stock for IJ homeless families who are "graduating from transitional housing programs, or (2I for homeless or near homeless families who are eligible for SHIP first time homebuyer down payment and closing cost assistance for low and very low income families, or {31 for homeless families who are eligible for assistance under the Tem orar Financial Assistance to Homeless Families Program administered in Indian River County by the Homeless Assistance Center of Vero Reach Fl. Inc . By signing this addendum, IIWe affirm that all profits from sale of IIUD homes will go to support local 'housing community development initiatives: The fallowing local government programs will benefit from the proceeds in excess of the cost to rehabilitate the property received from purchasing and subsequently selling the property: The Indian River Homeless Services Council, Inc. will rehabilitate the profaertyjar�d snake it available(l) to a family who has completed the transitional housing, ro ram offered by Samaritan Center, Inc., a transitional housing program s�ronsored lav_ the Diocese of Palm Beach, or (2) to a family who has completed the transitional housineprogram of the Family OP`T'IONS Transitional Mousing Program, funded by HUD under the 2000 Super NOF A with the Indian River County Department of Iluman Services. as the Selectee or (3to a fam'sly who is identified bythe Homeless Assistance Center of Indian River County through the TFAI_-IFPralram as_ housing ready. Any proceeds from the sale will Fre returned to the Indian River Homeless 4b do Services Couneil Inc to carry on the work of ttte Council in prreventinti znd alleviating he . lessness in Indian River CvuDrly. By signing this addendum, I/ We agree to provide HUD's Homeownership Center (IIOC) Program Support Staff Director with an annual report that provides the status and detail on all properties purchased under this program. "rhe report must include information on the ultimate purchase, the amount of profit realized on the final sale and where the profit was put back into local housing/community development. -�E,� 02-13-2001 Signature or Purchaser ad Date 40 do M FILE 14:..721 02-14 '01 'rt{ : I I [+: FFI%;: PAGE 1 HILEAD-HA5£I17PAINT AVIDENDU,v1 IU SALE: CONTR�ACT • PF10P RTY SUM BEFORE 1079 CASE NO.t_• q,Jfd.L�YRO FRiY ADOR -$; _ 3jA " SW -C:— s NOTE TO PURCHASERS, REAL FSTAFE HRC KERS AND AGc NTS. This addendum is mandatery for any prope(ty burn be nfe IS la and Cermsists of foul pans Pars A, Dfsclos +fe al lntormallon f n Lead -Rased Palnl artdlnr Lead•Based parrs Haza^ds, Pahl s, Saks Conlfact Lsa(f•Aased Paplt Cnnhnciency, Parr C, O+rner•CSecupant Certification, and Part 0. Pumchaser's Addendum 1016e Sales Contrail • iTelumie of tend -Base cl Paint Evaluation Contingency. All pares sir's[ be comple(ed as shown, This Lead •Sased Parra Addendum Must f]e cclinpleted on of be4ore the date of Ince Salus Conifact, and forwarded to HUD Vvab the Sales i`ontract for any piuperty bull( before 1979. Sales Contracts wal:out this AddendumiY ll Co be accepted by Ht Or , nis Addennum survives the closing of elle sal(! PART A DISC_OSURE OF rNd ORMATION ON CCAO-UASED PAINT ANDIC44 r.L.AD-6ASED PAINI HAZARDS LEAD WARNING i f ATEMENT- Ever r paich ;tf of any Iftlwost in rc50enhar real pospuny Orr wltict,. a resitldnfiah dwe9ltruj WAS bull prier 10 1976 is r,o..red that such property may r4elenl exposure to lead from IeA4 based paint'hal: ,nay ptaw young ctaWren at nsk of devekspng ttad pa,soniN Lrad pa.-)nlrg in yewng cllddred may piodace ,permanent newoI%;:al dAmayt- IrKW4inr7 teaming dsaGllives, r air --d intellijence quoting behavioral problems, and impaired rnenlcry, Leila poisunrsy also pa'.es a particular nsk to pre9narrl women. 'rhe sate of any Wards n resiaenlial proper} e.5 ragviced to provide ttic avyar ash nny nlornmaa oil on kaa Dasa,% paint Isa7a ds euro nsk asse ssrnanls of ir. spaelions is tna SallfefS possession and-naify the huye� 03 i.: r knum lead Am Sed painl hazards. A risk essessme u w Insprcli u1+ I ppssiale iea4•aased paint hazards b retomnierWa, pr1.r It wichuse, 5EMER'S Di:,C.t05URE Prc�.• ,110 or k:ad•Aas64 para leerdfui (ehetk oro: Imlowi: Known ledd-aasud �duml andlor lead•based pairu harards ire; 4estnt in we rfspeny 1.tAFt4in: i Seger nay no a:luat krru. idga W lead -bast -4 pamt ondror IeAd aa50d pain( hylar All in it, proper!} Recor, ; an.m reports ava'bowl la the ''r.Lwr (Ch1.tik ane oatbwi; _ 5elrer Provided the pill Ctl.:nr wi h au avarlAn Q racords and f6p4,15 penaer+, lg 10 k'%d uAsed pain ., nWoe laao•bascd (ufim heL&trisa11h. property 0%dacumenls batowl X $alio 1111% n ) repots or macaw, pa(ain ing 10 le3d^ha%Cd pa,rx allarof Iffad-has.e d p+.at hal L •a'a in rhe' vopdny. PURCHASER•SAC0NOW LtDGEML'NI (rneialt C. d^ureha re. NS (tuived ropes nl all tfVr.:maerorl h5led above O. 'IiAlPurcha:ar has feceivto Llre pa, lip )AA w• acct Maur Famlly roan teed 1n Youf Horn E. use"Set I. is tchtiCk rine.. Le low) 1.kequestrtl a ___ day cFpenwrlily to conduct it nsk assaislntm rX Inspection ,of ML Frese 1111. of me.1C dined jMint AMOK IeW Med V4;,,t hal&ds, of 2 4Ve,ve4 ore opportunlly ler Mono wt a fink aasessnwrll of Inspecllon lire the pin5triee of Vnal; paled aarrll a""" lead tls:ad paint hd WUls aROKLWAGENTACKhO'rWLEDGILMEM (indiaa: F. X F1rAkerlagen' bas Infawr ':d the. %elle: L,:. rere %Olar's obtVoOnii under 42 U.S.C. 4052d Mel is v,";c o h1slh1.. fesoonsibilky It We. ;vie com,m;,aance. NJA HUD owned. CERTIFICAIION OF AC( URACY . The ltdlowvj pa,tm, hmVe fevii'wet<fl- alformdlron above and C6nrfy, t4 the best Of lheu klwssladye. tlosk� trio Infum nallort IARr h,tiC prrovideBd 15 Ifue arsa A,:�M At e, Salta LMa _ 02-13-2001 — - — Pwchaser d •(]ate.: 4ru[ehd5er D, A Dow .-...�,-- f ARI K Pige t of 4 flrrga3 •' 4b • C3 � • FILE "k).721 Oc 11 '01 t7'.=t:t: i[I —Fu' FACE r SALES CON TNAGT LEA0,134:10 YAPNT EVALLIAT ION CC NY INGLNC, This Contract 155 comigcnf upon a r-sk assesCrrker;t c; inspeetipn o1 wa ofopany far the pfe38nee o, I,:aa-ba. Scl palrJ andror kad• Used paua hJ. wds at the NscNI,r'a expense anal 12 noon on the _' caftrnaw day atter WCOVI.Wev am adte Thiscanrina2rOey w1Y ICskninate of the .tQv6 prevfetermlhcddr•.adline kmfess the Pu(chwsor w Putcha.a, , agl:.tu ac4tiV5 Iuv.: Saaea of Stlof-s agequ Pan 0 of Ihts Audend6en kstirkcj Ifw specific Iddi•pa5ed parts harar4s and or.cctn ro5 mmol". togtthaf wah I (OPI of the tii5po iken andlor ds* A.wssmenl taport. Ttut $e:Ift may, at the SEIWS "KA_ W41411n PWC II 0 ahef daft4ery of Pan L) 0 IIYY AdarxrdWll, of [l Ll VA"Ig wtlelf'IEf l0 CWrCCI the hareraks) prior w SC0.kWkenl. II the 5eper VA Maect trke hat")), Ina Santer Shall lurnlsh the 'uiina5er wild cenirrauon Iran a risk assksaof or wkspecwt dernonsLialuig IfI& lite hatara(sl havo Work Iemaaled bdoru the date a, Otte se!ttamenl.:3 V16 Seller does ncl mecl to Alike, ow repays, rrf P Ute Sesef mdkS n C6kXt x oiler, the PurchAser 500 have 111M u. rs to respond to ine Courter offer or rernove Ifkis cuntlagency ano rake It'd pWQP•'.ny ak Its 'as A- cord Rion of Inls e'anVacl Strap ton Burne vNI, The Pt+rchastr play Icniova kiwis c[x geney at any time wrthnut cause. INTACT LEAD-BASED PAINT THAT IS NN GOOD CONDITION IS NOT NECESSARILY AIiA7ARD. Sao EvA ParnpMal PraIL-V Yoga P'arnhy hum Lead KI Yarn Itornd fa mac wcemaaon. road-BJ9cd Paint Pdr3endutn to rhe SafeS GOeitraCt. Pfopeny Butt Bafore 5778, Inc wing Part A 01SUa6ure Nf ieltorrhation at Laa44343sad Paint andror I.ecd Based Pain) 11axards, Pari C, Owner -Occupant Catiftcation (if applicable) and Pari 0, Porchaser's Addendurn to the Saki Contract - Reteaso of LW -Based Point Cvaluation Coflafwwney, II applicable, must also be completed ando-adr a pat of this Sales Contraal. Pile 7 u1-4 •+n ^'r