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HomeMy WebLinkAbout2945 . ~HSTRACTS. Charges: The ulkr shall turnesh an absuact ot title showing hia ti~te to be marteubk or insu~aDk arni v?i11 pay to~ thc samt. Ikli~~c~~: The xlk~ will Aave the ~bstract delivered tu the buyer or wMHneve~ tAe buyc~ requests. When: The abetract will b~ delireccd wi~Ai~~~_days or within 10 days from date of contract it this blank is not 61kd ia. jn lien of 7lbstract, IIuyer will aCC ept a Titl~ Inswr~ance Pc~~i ~r ~i~~~ BROKER'S FEE.7n the abxnce o aay spec ~c a~eemen a . er has earnod his tee tcr prota- sional servicea ~eadaod ss of t6e date ot the ea~autioa ot the contract by all parties but sl~all not be catitkd W p~y~aeat uatil tba date ot closin~. and in the eveac ehe selkr refusa for any reasua to close, the broker is mtitkd to aad tl~e selier a~ees to p~r his tull tee. the :mouae uf t6e iQe sdau ee S~s P?:R :H PARaTI? ~RL•'E:MENT. CHECKS. The seller shall De pa~d the purchase price on delivery ot deed and it a personal chect is delive~ed (either local or out ot town) ~s enutkd to have it cieared betore delivery of the deed. The seller agrets to accept a cuhier s check or certifxd chccl. ~CLOSING• Time: The sale shall be closed within days from daae of ~he coat~act or it this ~laak is uot filkd ia, vrithia 30 days from the date, and will be at aoot~ on the date of closing, unless otherwise agreed. Place: Place of closina shall bt at any local of5ce desi~- nated by buyer or the otfice of the ~itle company closing for :he buyer. In ihe absence of notice to tl~e selk~ of the place ot claaina, the deed may be tendered at the Ckrk's office in the Circu+t Coun of Broward County. Florida, at the rccordint window oa ebe date of claain~. Payment: In the absence of ao agreed place to tender pa~ment, payment may be tendead at the uid Ckrk's ot6ce. CONOITION. Property beina sold u is. DEED The klkr agees to convey title fne and ckar of. ail encumbranca eacept restrictioos ai recad commoa to tl~e subdivision and EASEMENTS for draiaaee, anchon and for public utilitics in eaistence or showa by the plat or a matur o[ recoM and hee and ckar of all wAer encumbranca except as specificalty xt forth in the coatnct and in ~he abseaoe of speci& a~eemeat as to tbe type of deed, s statutory form w~arraoty deed wriU be uaod Sclkr pays cost of prepvation oE deed. State Documeatary Samps„ aod State Sur-fax. DL'POSIT. Chtcks issucd for the deposit on this cont~ut will be deposited promptly for ckantxe and the holde~ of tAe deposit will uot be re~vonsible for non-payment of checks. Depa~sit checks wi11 be deposited and the funds held in escrow accouat unti! the sak is closed. It the seller dees not etecute the contract, tbe depoait will be returned to the buycr. If the coatrut is e:ecuted by the buyer and the selkr and the sale is not cloaed because of the fault of the ~uyer, the holder of the deposit is directed to pay expensu iocurred aad to pay the broker (if anY) his fee (bnt not more than 6alf the deposit) and pay the balanoe ot the depoait to tbe sdkr as oonsidaation [or e:ecutioo of this qgeement and the holder of the depoait will be held harmkss by all parties fa disburament ia sood taitb u herc pravidod. lf the contnct is ezecuted by the buyer and thc seller and the sak is not closed because of the [ault of the xlkr, the deposit shaU be nturned to ~he lwyer. These dircctions as to disbursement of the depoait shalt not affect tt~e rights of the selkr, or buyer, to pursue any actioa for ea- forcement of this con[ract or for damages because of non performance by defaultiua party. ENtCUMBRANCES. 'Encumbnncu to be discharged by seller may be paid at his optiun out of purchase mooey u date of clesina. ESCROW FEES. 11~y escrow foa iacurrcd will be paid one-half by the buyer and one-half by the selkr. ESCROW FUNDS. Buyer shall reimburx selfer for usignment of escrow funds held by mortpaee. if any_ I~IPROVEM~M' LIENS. Improvement accruing to the premises such u paving the sveet or installatioa of a sidewalk aM the like. can- pleted and not paid tor beforc~ closing, shall be paid at the claaiag by the seller. Repain to the bnildiog, iocluding but not limited t0. paindt~, shall be paid by the seller before or at cloaing. ISee Mechanic's I.iens.) Improvements to tf~e premisa including strcet improvemeats. insWla- t~an of sidewalks and sewen and the like which have been authorined by proper authority but on which no work has eoonmenced or q1 whle6 work is in progess but not completod sAaU be paid by the t+uyer. INSURANCE. Buyer otay accept [6e existing hazard insurance or may arranae for txw insurance. If e:istit~ insuranoe is aocepted bayer will pay seller for uaeuncd premium on samc• A mortaagee is entitted to fire and extended oovecase inwraaoe and buyer sball pay for same. Seikr w~l notity iesoraooe s~ent of cootract aad ~vill deliva p~+opa~ty in praeat ooodition er wffia~at ioa~raooe prooa~is W cover fire and extended coverase loas. and seller s failure W deliver propaty or sufficieat insuraace procoods wn'll relieve buyer of all obligations and the depoait msde by him w~~ll be mutned INTANGIBI.E TAXES. The selkr will pay ietangibk tax on mortgages delivered to him. (The rate is 2 mills ~ a ddlu.) INTEREST. Interest on mortgages on the propeny that the huyer taka subject to or assumes will be prorated to the date ot ctoaina. INVENIORY. If tbe property is improvecl and fumiture and furnish~ngs are included in the sak price, an inventory should be agreod upon ~ ' a~ the time of execution of the contnct by the puties and a copy of thc invcntory shall be attachod to the contraeK. I[ the property to b~ conveyed in the contract includes furnitute aod furnisAings and no inventory is agretd upon, all furniture and furnisl?ings, but excludina I items of persona! adornment, go with the titk to the real atate and the parties so agree. LEASES. In the event the property is encumbcred by leaus, the rents will be prwated as provided hercin and afl Irasu shall be assigoed to che buyer aad will be ddiverod to the buyer at closing. ~1ECHANIC'S LIENS. The property is being sol.i frce and clear of all possibk mech+.nic's lieus tor work done or material fumisl~ed in improving t6e premsses. I[ impmvemenu 6ave been compkted less than 90 days, selkr will turnish security asainct mechanic's lie~ a r evidenoe of payrt~ent of liens or acceptabk relesse o¢ waiver of liens_ Seller, at dosin~. upon roquat of buyer. shall make an aRdavit u j to the items described in t6is paragrapb. ~tORTGAGES. If the property is sold subject to existins morigages, the mertgages will be currcnt as of the date of closing and selkr shall furnish statement from mataagee as to satus of mortaaees, aad the buyer usuma and atrea to psy said mortgages. If buyer is to deliver nott and matgaee. he pays for preparation ot same. POSSESSION. Possession and oocupancy will be delivercd at closins unless otherwix ageed hercio. The bat practict to follow reprdinj possessioo in tbt erent that furnish~d property is sold, is to have both parties check thc inventory tbe day of closing, lock the premises aad ~ go to the plsce ot closina and at the rime of closing the selkr Aeliven the Iceys to the buyer. In the absence of any speci6e aareement other- w?se. possession will be delivercd u herein outlined. (See Tcnants.) ~ RENT. Rent will be pronted on the basis ot a 30-day month to the date of closing. with the closina day rent to go to selkr. ~eESTRICTIONS. The parties agree that the property ic cold subject to restrictions and easements common to the subdivisiaf. ~ SAL.FS TAXE.S. Saks tua for rcnts can be a lien on real estate and any such lien will be paid by the selkr as of date of clo~ir.~. ~ SPECIAI. TAXFS. Special ta:es or asseuments levied against ~he property for work completod will be paid by the stlkt. Sptcia! taxu or ~ ; assessments tor wort in progress or authorined to be dooe will be paid by the buyer. ~ ~ TAXES_ Real propeny taxa chall be prorated to the date of closing. Taxes will be proratcd on the latest information availabk and tht ~ parties agree that if the exact amount is not available Ihat they will t?e adjusted on ~he exac~ amount payabk with discount. prape y p posseuion. the buyer agrees lo accepf IAe property subject to ~he rightc of tenants ~ TENANTS. I( the rt is im roved and tenant. are in S ~n possess~oa and the seller agces to deliver to the ~uyer a s~atement from ~he tenams a~ to tlxir term of occupancy and the dale and ~ amount ot rtots tAat have bern paid and are to t+e paid. ~ TITLE_ The seUer rcprcsents that hu ti.k is good and marketaMt or imi~rabk by a titk insurance company with a loc~! agtnt and in ~he e.ent that the titk is not found to be good and markeuble or insurable Iht ~elk~ agrces to u~e rea.cmahk diliEence to ma?e tht said tide good and muketabk or insunble within a re:.sanabk time and if after rcasenabk diligence on h~s ps~ ~ aaid litk .hall no1 t+e ms~k gcr~J : arxi marleubk or insurable all monies that have been paid by Ihe huyer shall Ae raurncd to him ar... he shall t+e rekased irMn alt oldi- ~ ga~iom lxreunder or, at the buyer's option. and at his request the xlkr shall deliver titk in its tai~tin~ condition- Inwrahle Ti1k: If Ihe titk ~ imurabk by a titk insunncc compaay wilb a local agent. the pani:s a~rtt f~~1~~~~spl~~~0+ve. ~n ihat case. ternfereJ a dood titlc ~nd ~he fee for the ~~tk insunnce will be paid by tht bu~er. f y(;{( :~UMtY Q" ~~Af ? R-~tiSFER FEES. Fee. chargni hc holder ot mcxtgage for furniching intorm ' ds shall be paid one-halt by the buyer ~ sn.f one-half F} the xlkr. r~~~~~[p~fl[C~rr~~ ~ r- . e•,w..-.... ~~o..•~e co~+.r. t :o ~sso ~ ~b ~ 09 ~ ~ ~ ~ - g~~~ 1g4 29 ~ ~ 214356 , . _ ~