HomeMy WebLinkAbout1215 ADD1TlONAL AGRSSIlBNT9 AND PROYISIONS
Setk: ma~ wiRa tli~ coetnet Dut Bwe~ ~Wl aot. Ba~s as8erst~ed~ ~d a t6~t 3clre ut~ud~ to wisa Wh eonenet to t~e a..ite~e nased ia tAe wi~eMat
e
fomu apPa?uK b1v+M M tbe orisio~! of tbi~ eontnef~ sed t~t b~t !e~ t6e bereot aid wisnce xonld not ~essyt ~oeA aui~aincnL Bo~er ajren wit? ud rea
reseets .vd tvnnb to tb~ nsinee of tlti~ cootnct t6at Selkr'~w~eee ~ iy wi~nees ~W16an aU ef tbe ri~A4, poren aad nmedia of Selk~ he~eaader bot iLrA
be aubjeeE to aooe ot 3etkr'a.obfisation~. aed t~t Ba~er sRa!! m~k~ all py~ah ~rorided tor 1~ennsder and ~Il ka~;, pedo~, aod abide b~ aU tLe ~~ed pra
~ ri~ioos of thn coetraet wit6oot rKard fa uV ~ef~of or ddew Wt H~qes sq V~e a~aiwt tM &llcr a~d will ~ot we~t a~aiat W u~isoi+ ot d3~ co~tr~et aq ~iwe
whk6 Ba r mq ha~e qai~st Selkr. asd t6~t t4 Ba4er wiU loot oe1~ to Sdier for perforas~a ot aq co~eat~ts K w~rra4tia or ndera !or atation a~de eoa-
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~ ~ Buter eAal~ tises ksep tAe prope~ joand apiest daw~6r fra~ a1) aow~ ioelu~n[ ealli~iaa. aP~et aad coaprebe~ait~ eo~eraR. with loa paYable to 3tU~r ~t
Selk?s aasi~nce a~ its iaterat oap appeu bf ~dorwse~! ~:aa tlwt ao ae! w defaalt o! 8u~a sb~ll id'~1~~ 3elk~'i ri~t U iasat~see proeeed~, a~ it at ap tis~
w6ik moaies ~rt owed ?eteotder $u~er fa7~ t~ fanis6 3elkr ~itA iowra~ee polie~ or yolicia for t6e do~atid iaar~ete to*er~a with t6e dwwid loM pyaWe isdorta
ment or if t4e Pre~aiums tberrfor be oot ProsPti~? Paid. Seller sa7 P~7 ~ P~~s or~~re iewraeoe fe+em avotAer ~oaert witLeat ni~ or Jfettmt ri~lb oder
tA'ss eontnet and e~eq, y~~a~eat ~o made ~Wl bear p~te~st teoai t~e dsk tl~eeeal at ~a ANN•IIAL PBAC$NTACS R111B ~ S96 asd eae! mel pq~at atd~ Verw
on ahall be ~eeortd b~ tAit tontratt Bqer wirss b iella f~e proteed~ of a~d nCiua P~iotu iro~ dl imutaaee aa tbe Nopertf iet e:cetdiq t4 u~}W ~ottio~ et t`e
~ Total ot Pa~meab Aereander aed.direets aa~ aauer b Wr a11 P+occids a~d rstws prasimiu diraett~ to &lkr or Shcer's au~e ud baJa appomts Seller or S~De~
e
, ass~oee attoroe~-ia-faet to indorte q~ dnh aod app~ dl a~ peoeaedt ad ret~n Pre~ias~ b W indebkdew lereaoder ~letlet tle~ doe or not -
Bu~rer wiU pa~ all easts ol fitin6 or reeordiot t6i~ tostraet ~ad +!7 tawnei~R K te~si~atioa ~tateae~t titA rapeet to tlu W'oPertf: aad sppoi~b SeOer, oe &Ua'~ as~
~ ~ianec. u Bqer's ~ttorne~-ia-faet to do whatner &Ikr ~ Seller's aw~ee nal 8eas aeces~ to pedeet or eatiaoe pedaf~d ib ~ecorit~ utereK i~ t`e p~o~ertr. Ba~er
rvsrnnts that an~ ProP~*h tcaded ia tor tbc N'oP~~'h ald lK~eoader s tret fros n7 tw. elaie, eaeosstaeee or ~eewitJ int~eat B~er ~iU teeP ~ P~P~7 s=ood c~a-
ditioe and trre irone liem snd otber sc~corit~ isterab; ~i71 Pp P+~P~7 all tua aad aaessseats oe tbe Pi'uPerty or ~it6 mpeet b ib au, and oe or ~ saooat ot tli~ ea-
tract; and B~er will aot ren?o~e t1k propert~ fros tre Stak of Florida ritloot t4 pcior nritke cos~ent ot tbe Selkr eucpt for te~aporar~ periois of ~ot mo:e Wa toor-
teen consenitire da~s in the eourse of t6e ordinar~ ose of ti~e ProP~~J: and Ba~er tilt sot ase or perait t~e use of the Propertl ~~N~7 aod Rel) sot ~tpae of or permit t~e
vro?~rtT ~ beeose eaombered. Thu writu~ eoetaie~ t?e faU. fwl asd eulasi*e dakmeet of t~e cantr~et ot t6e partia.l5se is e=preul~ deeWsd to be of t6e es~eece ef
this ~onhaet Each of t6e Promisei. atr~e~y. warnntie:. termt aad cooditioa of t6is eoetrut isespr~~ deet~red to be aa e~tatial P~rt ot tie eonsideratio~ bat if ap
part ot tAis contraet is ~jnd~cd innlid tbe remaider *iU not tbereD~ be mnlidakd As med 6~rein. tbe 'smtul+* shaU iaelsde t~e plnrsl and tbe plural sbaU ietlade tbe
s~ngulu, ~d ae6 penonal pwnooa of an~ ~eoder shall ioclode al! ~cnders. Damsre to er lou or datraetioA at ~e Peoped7 w~l aot relase Ba~et lra~ W o?tisatioes
hereunder.
Tt,e acurrence of an~ of the toUowins s6aU be a dtfanlt heteundcr: ~1) failure ot Ba~er to make ae~ paJmcet or to pcdors aq of 6it obii~stiom 6erea~der~ detanit
cf anp Bu~er in respeet of an~ other indcbtedness o1 soeb BuTer to t~e &lkr or t6e &Ikr's aui`eee ot tbi~ eontnKt, (9) t6e deat~ ot ae~ grm; ag ~amnh ~P~o.
:a,:rn or stacemeet made or turnisbcd to Scller or Selkr's assi6nee bp or on beltslt ot aer Berer pro~es to be natetialt~ ~(S) t~e propvy is ]eried o~, xiud bj jndi.
-:a:. or legal authority, or tnwferred to a reteirer or l~astre, (6) Bujer transfen posseation pf tlte propertJ or pos~essioa j= trwf~rrtd iros jp~~ of 4~. (7)
-.'emnation or for[eiturc ution u iostituted aaaast the propert~, (8? the propert~ u jo~t„ ~toka o~ mbstan~at~ dwa~ed, IA tAe eetat of a detaait, or i[ Selkr ot Selkt't
~.*,ee decros iaelf ar the propert~ or t~e indebte~ineu mnted 6ercD~ ia~ceure, Selkr s6a11 have tbe riMht, at aep ti~ee at ih oPtiaq to dedate We a~epft wm
-'-.e*. r~ma;ning anpaid hereunder, Icu unearncd inkrcst or 6naaee e6ar`rs, immtd'utely due and pa~abk withoat notice or deteaad; (b) ea~ ay pre~ ~ w~tboyt
ac i; ~f :he pcare tak~ possessian of the propert~, aad Huger agnrs to surrrnder posuaaa of ~aid propert~, oe demand; and (e) utreite ae~ o~r aU a{ t~e ri~?v m deftalt .
' s~rtured .art~ ::e,ier tne i niiorm i,ommerciai iode. ~riirr may rryuire SuYcr w auiwu~r'u`K pto~,
j:~; w::?.'..,~2 p.~~;. y::~~,,•~ p! _ v; u: .t.._~'y._
:'=3 ~y ~elier a~~-•L is rtasor.aElr convenient to SeUer. Any notice of ule, disposition or ot6er u?tended action b~ $etk~~ apt to BaTer at tie addte~ ot Bnyer t6o*n oA
~ ~-c rcra, t. or >:rt ~ t':er address of BvTer u Bu~er ma~ haee specifically requested in writina, at leut 6~e da~s prior to soeA ~etioa, i6a11 eomtito4 rea~o~abk ootiee to
r Huyer >:.a,': pa~ al! costs, cAarges and c:penses, includina reasonsble ~ttorney'~ fees, irr~rred on ~ecount of an~ default 6ere~nder. It a6all be t+ommereiall~ reuonable
'-~rl;er to s~;i che prcperty on a rrholeule buis ta a deakr ia usea propert~ o! tike kind to tbe pmpert~ 6ercin~ or to xll b i pareha~er diratb or throosb a detler i11
~ c!: ~sed propt~rty; ha; the enumentior~ of the fortgoina met6ods oi d'sspositioo are ~ritlbot limi4tioa on the Selkr'~ rig6t b dispo~e oi t~e ptopett~ b~ ae~ otber maneu or
TM~, thod (ahether Ep sa1e, lrax, or otherwix) in a eommereiall~ reuorubfe manner. Selkr will aeeouat to Bn~er for aa~ mrplo~ (atter dedaetion of e=ptaw, cab ~nd teea
; rl~~ ided or permetted Dy law? and Bupcr sY,all 6e and nmain lisbk for u?~ debeienc~. le tbe ereat of repwus~ioe. Bn~er authorir,ea $elkr or it~ atiitsee fn tate into eut
y an~ persooal propertr to;?nd ia or a? the propert= and to hold the same until dtised b~ Ba~. aad 'w t6e eteat me6 peraoeal propert~ ip not elaimcd ~it6ie a ra~os-
ab;r time b~ Buqer, Selier is authorised to d'upaae of saroa Bu~er a6rees to i~emnit~ aod hdd hanakas &!kr ~ad ib aui~aee tros d~m~a aad ]i~ba7it~ re~alt~ trom
: eposgeasion ii Bu~er retuses w roiuntuil~ snrrender the propert~ dte~ defanlt No ~rainr b~ Selkr a ib auiroee ot u~ detanit ~1sU opersM v a~airet ot u~ ot6er
de(.ult o~ of the ume default on a tutnre acasion. Ko deis~ or omiseion oD tbe part of gelkr or itt as~aee ~ escreir~ aq ri~6t K reawd~ ~ap operate u a~aircr
;Aereof. and ao singk or p:rtial ezerei~e b~ Selkr or iU aasianee of an~ rigbt or need~ t6t11 p~retlode tyJ ot6er or lbrffer e=erepe fseteof or t~e eteteae ota~q ot~er ri~6t
or rnmed~. Ae~ ution to cnforee pa~meet ~ aa~ indolteaea. rama6emcnq. reaewah or esteariotu ~taated Bq~er ~11 oot be s w~iree a~ er ~Qett u~ ris6t~ o~ Sdkr.
t~~r value receired, thc w~~t6~n Contnct and t6e Dropert~ tberein described, and all rig~t, tiUe and intereat ot the undersiycaed Ue~ler are hereb) sdd, assigned and
~f-rrFd to - . florida.
suec~awrs and assi~;ns. The undeni~ned does hereb~ untonditionwll~ guarmntee fu!! ~xrformanet of said Cantract in all iq terma and thr DromDt end tull
~ ~.t ut ~all sum~ thrr~~in ~~rovid.d for, tu~-etoe~ witA exyenxs, costs nnd (rrs, and aRr~rs to wr atturr.eY s fees and co~4s uf enforcinR tLis ~assiRnment aRrrem~n~
.:~ees thnt in thr r~rnt ot ihr non-comi~lisnce ~ri[h anT of the eond:tions of said Contraet, F}utbrr ur not repwes~iun has been made or undertaten, suit mas
.:ht in County aRa~net an~ one or more or all of the undrraiK~ed. and without wai~inR anY riRht ia4r to re-
and a'ai~es an> and all dem:.nd or notice o[ non-payment, demand, presentment or protnt. and aRTee~ thnt an> e~trnsion or e6anKC of terms shall not in ae~
r.d•.ix tAe undersiXned. TAe numLrrs or marks ot identi(~estion reeited in the Contrr+et are correet, that t6rre ia no othcr srrurity interest or lien on the prop-
' ,n~f the RuYer hxs eanx~tT to contraet, the agreement is ralid, enforceable and will De fullr pcrformed, and that tAe cafA or trade in ~cas teeeived.
~ ~ ASSIG2VlNENT AND GI°AI~ANTY ~Draler) ISEAW R~~ ITitk1
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1~.•r v:due rrceer•aal, thr vrithin l'vntraet and t6e properir thrrein dexribed, and all riKRt, titk and interest ot the undeniKncd Ik-nlrr arr hrrrb~ sold, aas~K~
" t~ a nxfenrd to . Florida.
succrswrs ar~d aceFns without recuuree. The undersiRned hereb~ eo~rnants that the num6ers .~r mwrks of identifieation neited in the ('onlract are corrcet.
[ ".!r~•rr u no uthrr soeuntp interest ur lien on the propert~, and that t6e caah or itwdr ie x-:~s nreived.
~ . A"!Gl)1ENT Il~lerl ISEAL) BT ITitk)
i F',.r valur recrired, we the underaiKnrd Ikaier hereb~ xll. asaiKn •nd transfer to yuu.
` . F7orida.
i ~xe~s.or: a~:l ax.i~;ns, the within Cortr:~N and the prvpaerty thcrein destribed and all of our riKht, titl~ ard iaterest, witlwut recourse •s to Bu~er's oDliQa-
~ ~~.~ri~t :tia hrrrin hro~•i.1e.i, srarr.nt that the numbers or marb ot identification recited are rnrreet, that tht propert7 ia free and c{ear ut aI) eacumbnnces,
- ~ It .:.~r ha> ~a~c.city tu conUect. that t!u Contract is valid and mfcrceable a~ lhat t6e e~uh ~yment or trad~-in ~•aiue vrit received. If ~ou rcpossess tht ptopett~,
~ ....i ui•,.n >~~HU demand eithrr. - ~
r 1':,Y y~~u t_ _ ur bu> thr Droperb trom Yw (or the then un~xiid balan~e.
` B. FaY Y~~u tAe then unp:~id Galar.ce, provided lhe property i4 otTrred to us within ninet7 ~991 da7s afte~ maturity of the ewrlitst inftalmrnt rer~faininR unpaid.
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,~~~~.f:.ion la• dne t~+ rnll;.ir~n :~n.t •ebwndonment, our ne{ cost of re~~~irinK wetual dirett co!)iaion damaRe sLxll be deducted trom the renurrhase ~ri~e aa aa albvcanet
. :c.~h :~Ilnv~~anc~~ .hall e~it .~rt.d the urpaid hdance on the Vrc.;wrty aftcr deductinR botA the '~as u' value aed the unount o( ra= de[erred mrtificAte or otlfer
: h~~'dlx~c~ retaur.~- tn th~ p:o{rr7c. Rhetr thr tr_~!~ v~lur o/ thc rtPairrd pr~K.ertp ~e~cluding a+ti'rrhrad and salesman's cummia~ions) e~tetde t6e un~~aid batance,
a~ll 1w d«.iuctci tr~,m thr :u:fi~~on nllowar.ee. Uur :iabelitY to repurohaae 6ereunder shall cont~nue onlT unUl the fint ~nsLtlments shall
f_ rn p:ud w you b>~ thr f:n>e~r, r.~rF. rith;n thirtr (34) days of its reaPectire m:durify. .
i. A551G\~IF:~7 AXD KEPI'RCHASE OR pAl'![EN? AGREENE\Y A~D ~t~~~~~) ISEALI
1c. A~SIl:X~1F,VT 1"\DF;R bF.ALER lll\TiiAIT Rc---~~--------`-- _ITit[el
E i~~.r v.ilur rec~~~ve~i. t~~~ ..~,th;n ('untr.~ct :~nd the {~ro~K~rl7 therein drxriGed, and all riKht. t+tle and int~rrst of the uadersiKntvJ Ik~alrr •re herebr aald, aasi~:ned and
; ' r• ^rrd tn . . Fiarida.
t ~>ucr~~.cor< ar.d :.s-:cn. i.r.dv thr proei-~uns acd ~ovrnanb o( f~raler Con:ract in f~(~('[ ~pSM~(4T L~1~` UfpIFf51RRf`d IllalP~ iR~I szid $~nk:
~ t~titG~SiF.\T 1"Nbf:R f1F:ALF.R f0\TKA(T i!~e~ler) ,~SEAL) Bs- (Titlel
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, PEFLtiO\AL G1'ARAX7t'c t'~~r ~~alue ~.coh-re! and in furlhc~r conafderation of thr iro-talment sa1P tn t»yer ~.f tha• property descriEed herein, upon the request of tlf~ ~
~ r>I¢r.e+f the und~ r:it•nPi J~~es hrrrt~y uncor.ditu~r.:Jlp wuarantce (ull ~~ertormnr.rP uf s~id contract ir. si{ rts trrms and the pre,mpt ~nd fu? ~.~rmrnt o[ atl.wais
in ~~ruvid.d for. toKriher act[h e~prr.ita, e~rtr~ and (ers, ar.d a~p:res to paY :+ttorr.ty~~ f«-s +nd cosic uf eefumnK thia aRrrrTttent, ahd aKrrls that in lhe r~~ent of
i ~~_:~.r.-c~,mpliar.ce u~ieh ~r.y u( tM ~ur:dito2c ef aaid rnr;ratt. vrhetAtr (x not re~.,sses~inn has bren ma~te nr undertaken, auit m~e~ br brovy:ht in___
I ~ '~-5 rK:.~r:+t :~r:y ~,ne~ or rn_~r~~ .~r of th.- ~ir:d.~-~iKr.eci. :.nd wiibou! N.~IL'lllg an~ rivht lab•r to reposs.~~s±, and wafrrs any and a1t demand w n~NECr ot r.on-payment,
~ ....r~..f, ~~~r.~xr~tmer.t .~r protest. :.nd sK,-re. th:,t r~ten.'son or chanXe ot hrms ahall n~i in wny m:~r~nrr relearr ~hr undersiRn.d. -
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