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HomeMy WebLinkAbout0356 , t Seller will furnished title insurance from Titla ~ Trust Company ' .~1;5 fRi.Ci'S. Char`es: C:xx~kx~~k ~ . "ii.:. -.iX . or ~ac sonvi e, ori a, ' ~RC~:'ER'S FE6. Ia the abseaca oi aoY sPec+tk a~reeoneat wan aod bw er. ' a ean~ed p~ota• sion.?1 service.s readered u oi ihe dace ot eha wcecucioa ot ~ho ca?kaa bY a!1 Putia buc sDaU ao~ ba eaclclod a psymeac unW ~he da~e ot closing, aad ia tl~e event the selk~ retuses tp~ a~n~y~, res~on to close. t6e broke~ is enGUed to aad t6e selkr aZcees to pay his full tee. T!?c amouat ot tbe tee ahaU be t----NONk:------------- CHECKS. The seller shall be paid the purcNase prioe oa delivery ot deed and it ~ penoaal check u deliverod (eit!?e~ local or out of town) is emicicd to Aave it ckared before delivery of the dced. The ~elkr a~ to acapt s cashier s check or certified chec?. CLOSING. Time: The sak shall be cloaed withi at~~ aR~'~'t t~~a?~trtcrt otit~its~iP'a6k is iibt ~Ie~'t~~~~~ J~days from the date, and will be at noon on the date ot closia~, unless dherwise aareed. Plaa: Place o[ closing shall be at aay local oQ'ice deaig. na~ed by buyer or the oRioe of the titk compaay closint tor the buye~. In ~he absena of notiu to the seik~ of the plsa ot closinj. the decd may be tendered at the Ckrk's otfia in the Circuit Coart of Broward County. Florida. at the recordiot window on the date of closing. Payment: ln the abaence of an aaraed place to ~ender payment, payment may be teadercd at the said Ckrk's oRice. CONDITION. Property beiaj sold as Is. DEED 'The scller agees to convey titk free a~d cku ot dl encwnbrarKes exapt ravictioos ot record common to tbe subdivisioa and EASE~1ENl'S for dnina~e. aachors and for public utilities in existence or showa by the plat or a matter of record aad free aad cku of all other encumbrances eaapt as spccifically set torth i~ the•coatract and ia the abaeaoe of speciRc a~rcement as tb tl~e type of dced. s statutory form warr~ntp deed w~l be usod. SeUa pays oost of pteparation d dood. Stata DocuoxatarY Stamp0. and 5tate Sur-ta:. D[:POSIT. Checks issned for the depoait oa this contract will be deposited promPtly for cleanaa and tbe holder of the dePaa~t will not be responsibk tor aon-paymeat of checks. Depoait checks will be deposited sad the fuods t~eld in acrow ~ccount uatil the. sak is clased. If the seller ~fees not execute the contract. [he depoait will be returned to the Iwyer. if the eoatract is executed by the buyer and the xlkr and the sale is not cloaed because of the fault of the buyer. ihe holde~ of the deposit is ditscted to pay espenses incurred aod to pay the broker (if anY) his foe (b~t not ruot~e than balf the depo~it) and Pay the balance ot the deposit to tbe seller as oonsidaation foc exocution af this agrcement and the holder of the depoait wiU be beld harmless by all parties fc~ disburscment in 6ood faith as bere provided. If the cor?cract is eaecuted by tAe buyer and the selkr •and the sale is not closed bccause of the fault ot tLe zelkr. the depoait ahaU be retarnod to ~he buyer. These directions as to disbursemeat of the depoait shall not ~ifcet the rights of the selkr. or buyer. to pursue aay acdoa for ea- forcement of this contnct or for damaaes because of na~ perfamanoe by defauldtq puty. ENCU~tBRANCES. Encumbnnces to be dischar~ed by selkr may be paid at his optiua out of purchase money at date of cloaing. ESCROW FEES. Any ucrow tees incurred will be paid one-half by the bu~rer and oae-half by the seller. ESCROW FUNDS. Buyer shall reimbune seller for assigament of escrow funds held by mat`aaee. if aay. I~iPROVEMENT LIENS. tmprovement ~ccruing to the prcmisa such as pavina the street or iastallad~ of a sidewalk aad the like, can- pic~e.~ and not paid tor before cloaing. shall be paid at the cloaing by the selkr. Repairs to the buildina, iocludins but not limited to, painting, shail i:r paid by the seller before or at closing. (See Mechanic's Lieas.) Improvements to the prcmises including sveet improvemeats. installa- ~ion of sidewalks and uwers and the like which have been authorinod by proper authority but on wltich tw rvork has canmenced or on whicb work Is in progress but oot canpkted shW be pzid br the buyer- INSti^.ANCE. Buyer may aocept the e:isting harard 'mwrance or may arraoae for nevv insurana. If esisting ins~uanoe is aoaptod buyer w~ifl pay seiler for unearned premium an sama A matEaEoe is entitkd to fu~ and extended covera~ ins~uanoe and buYa s6all Pay for same. Selkr will notify inwrance agent of contract and will dcliver propcty in prese~?t condition or suiC~cient i~urance prooeeds to co~cr fire aad ezteockd coverage loss, and sdkr's fsilnre to deliver prope~ty or sufficieat iowrance Procoeds w~l rel~eve bvY~r of aU oblig::tions and tltt deposit made by him will be retorned. INTANGIBLE TAXFS. Tbe seller will par intaagibk tu on mortgases delivercd w him. (The nte is 2 mills oa a dollar.) INTEREST. Interest on mortgages oa the propecty that the buyer takes subject to or assumes will be prorated to tbe date ot closing. INVL'NTORY. If tt~e property is improvod and fwoiture aod turnishings are included in the sak price. an iaveotory should be agreed upon at the time of execution of the conuact by the putia aod a copy of the iarentory shall be attached to the conuad. If the property to be conr-eycd in the eoniraet includcs furaiture aod furnishings and no inventory is agreed upon, all furniturc ud furnishings. but excluding ~ items of personal adornment, go with the titk W the real estate sad the partia so agrte. LL•ASES. In the event the property is encumbered by kases. t6e reats will be p~atod as provided 1~erein and all leua shall be assigned to the bu7er and will be delivered to the bnyer at closina. A:EC:-IANIC'S LIENS. T6e property is beina sold 6'ee and clear of all paasibk mah.nici lie~s for work dooe or material furnished in improving the premisa. If improvements luve been oompkted less than 90 days. selkr will furnish security against mcchanic's lieas or eviderice of payment of liens or aoceptabk rekase or waiver of liens. Selkr, at elosina, upon request of buye~. shall make an aft~idavit u to thc itcros dcscribed in ~his paragapb. A10RTGAGFS. If the propeRy is sold subject to existins mortgages. the monga6a will be currcnt as of the date of closing and seller shall furnish statement from mortgagee as to status of mortsages. and the buyer usumes and agrcas to pay said mortgages. If buyer is to deliver note and mortgage. he pays for preparatioa ot same. POSSESSION. Possc.xuion and occupancy wiU be delivered at cloainE unkss otherwise agrced hercin. The best practice to follow regudina ; poucc;ion in the event that furnished property is sold. is to have both parties check the inventory tNe day of closing, lock the premises aad ~ go to the place of closiag and at the time of closioa the selkr delivea the keys to the buyer. Tn the absencx of any specific agreement aher- wise. possession wip be delivercd u hercin outlined. (Sa Tenants.) ~E;vT. Rent will be prorated on the basis of a 30-day month to the date of cloaina. with the closina day rent to go to seller. RESTRICTIONS. The panies agree that tbe property is sold subject to ratrictions and easements common to the aubdivision. SALES TAXES. Saks tues for rcnts can be a lien on ral estate and any such lien will be paid by thE selkr u of date of closir.~. SPECIA~ TAXES. Special taxcs or assessments kviod against the property for work campkted wrill be paid by the selkr. Sp~cial ~axu or assccsments tor work in progress or authorined to be dooe will be paid by ihe buyer. TAXES. Real property taxa shall be proratod to the date of cloaing. Tues wil) be prorated on 1he latest intormation availabk and th~ partie~ agrce that if tt?e exact amount is not availabk ihat they will be adjusted on the exact amount payabk wi~h discount. TENANTS. If the property is improved and tenants are in possession, Ihe buyer altrees to accept the property subject to the rights of tenants in possession and the scller agrees to deliver to the buyer a stalement from the tensn~~ a~ to their ~erm o[ occupancy and the date and amount of rents that have boen paid and are to be paid. TITLE. The seller repraents that his ~itk is ~tood and marketable or in~unbk by a title insurance company with a local agent and in the e~en~ that the title is not [ound to be good ard marketabk or insurable the selkr a~eex to uce nasonaMk diligence 1o make the said lit{e Food and marketable or insurabk within a reasonabk time and if a(ter rcuonabk diligence on his part said titk shall not be made gcxxl and marketable or insunbk all monies that hare ban paid by tt~e buper shall be rcturned ~o him and Frc shall be rekased frc~m all ohli- Fation~ hercunder or, at the buyer"s option, and at his requat the selkr shall deliver titk in its eaistin~ coadi~ion. In.unMe Titk: If Ihe ti0e is inaurabk by a titk insurance canpany with s local a~ent. the partia aEra U~at ~he xlkr will have. ie ~hat case. ten~krcJ a eood tiUc and ~he fee (or the titk insuraoa Mnll be paid by the buyer. TRANSFI:R FEfS. Fees cha~6ed by holder ot rt~ortga6e !or furnishina informalion or chanaing records shall be paid one-half by the buyer :~„~i .H~. -i,:~ir nr ~nr ~ik~ R ~r BOOK 2~ / PAC~ e3c~ ~ prtw~r:n~ BwOWA~p COUNt• •~tl( CO I~M ~ / ~ / '~/~I~/ v ' _ ' _ . _ " . " _ . ~ i~l~ ~ I I xi=3