HomeMy WebLinkAbout0957 - 77 - yi~
t~c~ v5i i ;~::`.e~~ ~ ~ONTRACT
J.-ir.~~i:i ,,_,;":,~i~ Diai~ch 22 19~
::,,i is hereLy ac'.:nowled;ed of ;:m. ~n:ca rf One Thousand ~nd no/100-------- DoUar~e-caeh/check(S la 000.00 1
~R\EST A. ROTH
~°Ye~)
_~.::3~ to ba hc:d in eacrow -.`~y~_ C ilbert ~ IIoro~.~itz,~~ Pa Trust Aeeount (F.~cww Agent)
c: co Ltio tern~e hereoE ~s a depa+it on account of tl~e Fuschnre Price of J~~ :ollowing d~ecribed property. All that certain ptope~ty and
. :.~v,::.ent L`acreoc~ commonly known aa
~ 0 2 ??Ielton D~~ivc~ ~ Fnr . Pi x~~ ~ I'l n r; da -
,~~;;Y ~~,.ri~~ L~t:s 7, 8. 9, 10 , lli 12 , 7.3 and 14~ Block 7~ RU}ILMAN SUBDNISION
~..c:orc:in~ to the Plat tlicrcof ~s recorded in Plat Ilook 9~ Pa~e~
S i of ~he
"~~~lic Records of Si:o Luc~.e County, Florida -
.',~.~~.?IASE PRIC~: Thirty-Si~ Thousancl Five }Iundred and nof ~ QQ Do~ l ~rs 36. 500.00 1
.:.;'.~.`.SS AI~U COyDITIOVS OF SALI~.:
$uyer to make a down paymcnt~ of whic:~ ihc a:~ove d~ponit constitutes a part, in the amount of._ ____(E 1~325.00 )
Anadd:iionalsumof--------------------------------------~: ~
.....,i depo~i:ed wiih Escrow Agent on or before •
.~~cn! suci~ 6um ia not Fo depos:ted, Selle~ at his op tion may canc~l and trrniinate thisa~reemen~
3. Buyer to apply, qualify for~ and obt:in a~lirtr~e in.oured i~y du ~HA under FIiA Scction - Z~ ~
...,..-,:.:nountnottesatl?an-------~---------------------------------~_ ~5~,~75-Q.Q--)
.,.,,...i.:y paymeni (rrincipal, interest, mortgage insurangc prcnuu:n on1Y)-- - - - - - - - - - - - - - - - - - - (s )
..,..~,:;:~ed over a~riod of not Icse than~Qycar~. In the c~ent tl?e $uyer fails to qualify for eaid mortgage ae deecribed above~ dl eaid
~:,>..:k bnall be returned immccliaiely, less c.oet of the credii rcp~rt, ~ny ot}ier experue ~ncurred on behalf of the buyer. Purchaeer to
..::,i i.:h cscrow sccounL ac reqvired hy :~4ort~a;ee for prenaymcnta_ _ _ _ _ _ _ _ - - - - - ~
i3uyer is to pay preva~'ling FliA rate o1 micreat e::echve at time of cio~ing.
S.;tlc: io pay prc~ailin~ mortgaoe d'?scount, necesiary to place the r.l1.A. Mortgage. ~
\~torir,.:oa clo~ina costs, incwding, withou: :?m~tation, mortgage ti~e insurance, note documentary atampa, intangible Lxea,
.,:.~.,,;on f.:o, r.•coroin~ fcc.~, do~ing tcea, twivey, ctc., to bc paid hy Bu C~r _
i'cc-pay:ucnls a:?~l c:~crow for taxca, haaaru ir?FUra~cc a~id I' IIA .insurancc, aa rcquired by FIIA, sl~all Le paid by Buyer ~t time of
,
;3oth Buyer and Seller ao
ee to compty witi~ FIiA Cbrimiiment and reo lationa, an~ ii FI1A requires any repaire to be made to the
r:y p~i~r io ciosinb, Seller a~eea to pay for such repairs and have thcm made in euch a way ae to meet the nquinmenb of the FHA
_~cc?iun.
~ 9. Sclle: ao
ces to Eurrender pos.te~ion of the prcn~iseF above describcd to Buyer on recei! t nf funds bv Seller _
~etler ao ecs to assume rislc of any and nlt da:nage t~, at~ve descrihed premisr~, ordinary weac and tear excepted~ prior to cloeing of
:r.:nsaction. ~
Tar.es b:~ed on ihe 19,~' Ac~ebamenta of sai3 ptapert~- Ehall }~e paid, assumed~ or prorated aa followe:
i Pro-rated .~s of the date of closing
! Certificu liens, if any, shall be paid in full by tl~e 5e11cr, ~nd pendin~ liena, ~f any, 6hali be assume by the Buye~. It ~s underatood
i :~,;;ced i:~at ihia property is being eold and purclsased subject to tl?e zoning reetricNona and/or reaervatione and lirtutatione of ncord, if
j . .~~-;ler ao
eez to convcy title iree and clear of ail ~ncombrancc•, except aA herein eet forth, by a good and sufGcient WA RANTY -
I ~~•:il? rr.~uired docum~ntary Ftan?p~ affized and cancelled. ~
~ ' 1:3. ~r:irr rcra to dciivr.~ to Ruycc wit6:n~~days Iro~n ih~ ~lalc nf rcc~ipt of a firn? commitmcnt imm FIIA, an ~l?qtr~ct of title
r.+rtir:t puLlic recordy to dat~, FLowiug titl~ to I~e Fu~~d, markci:~blr an~V~~r inKUrabl~, aud acc~ptable under FIIA regulationA, and in the
s ~url~ au.tra~•I af title is nut dclivcred wilhin ~id time~ S~ll~r b~mby authori~ce the und~rx~gncd broker to have an ~I~stract oi title
.:t ~ritrr's crp~n~• aud ~l~•livercd to Ruyer; Lut in the cvent 11~at thc lille ahall nM l~e ~owid lo M~ good, marlcetable and/or in~n~nble,
uiatde un~irr I~IiA r~~~iati~~~+. S~llc~ a~r~~F i~i u~ rcationablr ~iili;;rnce t~? make t6e Naid title gooJ. marketable and/or inauraLle and
,~;~;.+:~~c tu :~liA, ai~d siu~~l ~ia~~$_~lavs r.o tu do, !wt i! ritcr rra:uii~blc dili~rn~~ on hia ~art~ caid litlc nhall not be madt good.
„,.,•c.~i~lc, aiuVor insur:il~lc. an~i acccpt~bt~ tu I~IIA, at tl~r optiun of thc I;uyr.r. ~r•~thin4,$~lay•, the moncy lhis day paiJ and all m~?ncye
„~.,y ha~•e Lr~~n paiu, purr+uant eu il~e tcnns o( this C~?nlract, ~,{~all k?c rcturncd 1o I3u~er aod thereu~?on bolh f3uyer and Seller r.Fiall bo
~ ,.<<~~1 irom all oLiio~tions I~ercundcr to eacl? ~ther~ and t{~Preafter,lhia Contract RI~:?II Ire null and void. Ot, upon the deetion oi lhe $uyer~
s r~•.~:onabl.: noti~-e to tiellcr of raid election, thc Scll~r ~F~alt deli~er th~ tille in itx existinR condition.
i~. It is n~utualh• a~,~re~d that tl:ir trat?Factiun FIIaII IM CI6~tlI an~I lI1C RUyPf C~IIaII ~10~/ ~e balance of the fi~t payment and'execute any
,.i t~~ t~rs n~•ce:;ary- to lw: ex~•cutrd by i~im G,r th~~ cnmplr~i~•n uf I~i~ }?nrchacr within_ _Jaya fr~~m t{~e dclivery oI tl~e aforementi~ned
;;.+,•t oC titl~~ or a~iclti tirte as shatl !?e reaFOnabty r~cp~ircd by .~eller to make ~aeh tide gooJ, otherwise the herein named Er,c~ow A~ent ia
~lirecl~•d by 1?otl~ Scller and Ruy~~r to divide. di~ moneya t?eing 1~eW Ly eaid F.~:row Agent, under the tecros oi thie Contract, between
~ ~~•ii~c and iirok~r herein namrd as hereinafter provicfed. [t is turth~~ a~reed that in the event of Fuch proeedure the E4crow Agent ie
~ ~~d irom any and a11 G~rlhec IiaLility by buth parti~~. lt ia furtbPr agrred that in ca~ thiv tranraetion ~s not complr.ted due to any :
~ ;,~,.c: or failurc on ~he part of the L'uycr, anr!/or scl{cr the said liuyer snd,~~r nclle[ Rhall ip that event btcome IiaLle to the Rrok~r for ~
~ ;,i~~ comrni~cion as L~r~inaftcr provided. [t is forthcr ~~rced that in c~v uf defeult by the Iiuyen?, th~ Seller may at his option take
" .,,-:i,~~~ at I:?w an~U..r in rr~i~ily to ~nfurrc tl~iy ('c?nlra~•t. in w1~i~•h ~v~nl. ~h~ 1{uy~r ~:h~ll p~y rcnac~nrLlP YIII)rllP~/ ~PPR Ahl~ PIIUf~ PIIAIP;
~ ;::r ~cllcs ma~• nt I~i. ~~pti~?n r~•tau~ unc•6nlf of th~ d~p~?ril I~~rcin paid ar c~?na~dcratiun <<~r lhe rclca.yc of thc 13uycr by the Srll~r frum
a .,,.,i :~II fur?l~~•r .~Lli;;:~tiu». undrr thij (:ontra~t to thc Sell~r, M~hi~h r~lraac Ft~all 1~c implied fr.~m Fuch act of rctention I~y !he Shc~r.
~ ~ 'I~i»~~ al~.~Zl t~o ~?f Ih~ ~~4rnr~ +u~~l tl~iw (:~?nUart Nl~nll {M Lin~L~~y ~m ~w~l~~ pnrti~p ~nd inuro to the 1?enefit ui th~ir brir~, p~r~uinal
, ~.~ul-~I~c~'n~ ~u: r~••,~...~n, qb~~~UY .~noi~llq W~lall ~~1IV ~.~H111N~'~ n~IN~~ ~~tlVe ~~~~f ~~Nw~lYi~ 11~1 ~Ipfh~~.
_ i~~%; :.I~.i.l 1 l~~• 1'.i v~• ~~I~~,yn i~~~l. f~~~~ I.I~n I''l1A 1~~~~~1~,~~ i Fa ~'n~t~f.y 1.~~ I~~n~~.
:1~. l~.i~~?l~~.u.~~ ru~uliliu~~n uu~l: - - _ - ~
~ '~c~ 13uycr slial"1 liave tlic ri~lrt; ~t;o h.~ve a roof .-~nd termi~t;e insueci;ion ancl any
~ ~.~1: or re airs indicated shall be at Seller=s cost -
y ~ 1 { Y • ~ ~ ' , ' ' - , - -
- ~~.n~~L•~::r ~i~r r?L~~~~ d,••u•ril~r~l ~~n~~~~rly on U~r f~•~a~M an~I rull~~ilihll~ MqIr1) ~fl IIIP ~~~f/'~•njhq (:t rilrnrl nn~l ~1~~ It~r~hp N~~~~rn~r~
~ . 0~1~~ ~ ~~~~I~~~~1 OOI~I,.11~II~M~.I ~1~ M'I,YO/~Y~.~~. ~
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_ o~pK 286 ~A~~ 951 ~ ~ • ~
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