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STAN~ARD6 FOR REAL E~'TATE TRANSACTIONT
A. 6YIDBNC6 OP TITLE: (1) A oorapier alsbset d tills prepaid by a reparable abadact tiro parpordas b be as aoanats syaopsia d tM
ieatravarq atdsetiss tls title b alert seal property seoesdei Y ptrbie seooada d that ootwty b tie date e[ tfti oontrtxl, tlwwiat Y tier strlar a
varketabla titM is aocorrdaaoe wits titM stantla<ds adopted teaser tiara b liar by tls Florida Bar, subject osrbr b Ilona, aotntDraaos, fiooapliotla or
gaaUfioadoaa sot tortlr r tYa oontrac! and ricers wiici sW didtarBad b9 srrsr at ex Mlow cbaitt:. • tiAs Ssanrtss ot?sawsitaastt iaaaed b7
a ~toiidad rider iarrsatt apeais b tsars b tier buret. •Pa tM swoordiss of lie dead isrwRar aaadoasd. a owarr saaraaba Y tars aasoaat d fr
p~ iatssrirts tits tide d t1r lrsryar b Arta real peoretty, strbjsot ~ b ltesr. eaarabsaatraa, esaptioas or ganWiaNoaa sot tonal Y ails
eotaetaet sad flow which aloft bs diaranssd y stir at a bdon doaias.
BrJnat ttltafl Maw flfteea (IS) days U abstract. or five (S) dqa it tiW snarateq. fiver air daM d seosisfas tier esidaaos d tins b saavias star. U
tills it towel b bs ddectire. tie barer :call, wltWs aid period notify fire stslMr r writins apedfyiss file ddects. U tier said dsterxa seeder lhs tiffs
anssrketabM, rtes seiir shaft law ninety (90) days frog the seo0ipl of stadr aorta b eras tie ds[seea, erect I< totter acid period sdfer t6a1! not law
cared tie defects. badrer shall flaw tin option: (t) aooeptias title as it rinser it, or (T) devudlas a rdaad of aM voaias paY iswandsr wiitA shall
forthwith be tetarwed to rtes bays. ad thaetspoa tie barer and seYer >W bs reMased d all farther obt~jstioas erodes this ooatract.
iL E><lSl1NG IItORTt;AGBB: The serer sbaM fanib estoppel letters (trot aeoearrrly is affidavit forty) snarlers forth tie pcisrcipal baMaoe, method d
poytaent, and whetlser the sertg~s is Y good staodirs. U there is a dares for tin draose d osraarahlp records, by ale vortrrsea, ii shall be born
by the barer. Serer char recbiMe at credit at dosias a asaoaat egml to ties escrow fiada held by the mortsasee. U the existiss vartpse regale
rtes barer to agave sear, than the bays char do so; provided, however, if tie tnortssgps doer not sooept the buys, ranee isr that erect ooonssias.
the barer st hie option rpay cancel rtes coatrael acct sa tooaia paid by tin dryer shall be refasded to the boyar.
G f?IJRiQ1A8L YOIrBY IIIOII;TGA(r38: Aay parchaae raooey tobea sad roostppss sequined by tie ooatrsct shay fobw rtes toner spaerary
atxxpted and owed is the ooanty wlere tie Yad i located. Any pn[cMaw woaay vortgsss sIW ptrovids for isssraaos apisri foe by the will
extended oovense is a aasoQat not Mss lion tie far inarabfs vaMw d tin iSW. b a fist voraa/a, tars at?N and aatstta sW paovi/e
for acoeMration, at the option of tie holder, error thirty (30) days ddaak and is a seoorrd mortsass, attar fifteen (lS) days desalt. A setxred
ororisase tJrar tegairo a mertg~or to keep aB polar rent and eacambsaaas io hood staMms. Bayer steer itaw tare fish to prepay all a port d ale
paisoipel at aspr tiers or tuna witb interest to date o[ payareat wilhoat parity.
D. OTIIIER YORIGAGIBS: in the event buyer exearta a awrtasp to oar otfrar firs the serer, all costs a~ dtatsas lucid®W ths:sto slap be paN
by tit buyer.
E. SURVEY: U tin brryet dtsdtes a mrvey hs abaft haw ale property surveyed at Iris uPrw prior to dodos date. If the swvey :[rows as
maoacivsot, tls saaae tirsr be asserted as a title ddeoi.
R. 'lER1[It8 Q~ISP®f770N: Rion to dotdos, at buyer's expeme, the buys ala0 haw tiro risltt to law tie property inspected by a licensed and
bontted extermirtor' to determine whether these b spy active toile intsatatioa err daaase fmv prior Eermite isteatatfoa Y tbs iasprovesasats oa
acid property. U these is ash stseh idestation err dareage, rtes senor siren pay err oasts d air treatseeat negated to reasedy aey tauA iatestistioa a
davtBe so reposled, iadadins the costa d repairiets or sepiadsts err poatioaa d and mrprovessrnta which are mtested or hens been damased.
fiowaver, in lira sent tie coats W be incarsed am mess the tires (3'1<) peraeat d tbs parchaw prix, riven, at tls stsUar's optbn lr very cancel fire
eoatrad within fan (l0) days d the teotsipt of the termite iospeotioa report by sivins written notice to tin barer, and the deposit mall be set~oed
to tin boyar. Termies iadestation herein reteared to also indades wood-iofastirtp oraasima.
G. IItBURAIiC~: U istaraaos is m be prorated, tits stRar star, w or lydors the dooms dale, furnish to buyer err imuranae po8dss er aopiss
thereof.
H, ¦ areas. Tire atsrer afW tsrais6 copies d a! written Massa too tlr bays prior to dosfas and if there are nay paraoas m poawaion witioat
written Maaea. estoppel Mttsn here atrci ptstsoaa apedtyies the Helene sad doratioa d tie ootapeeoy :ball be fltrnisied to the boyar by We ssUer
prior to tbs doaitR date.
L IIIERCNANI(~ Ld?NS: Sealer shag furnish to the buyer an affidavit that there here been no impttrveareats to the sntrjeet property for 40 day:
itnrrrsdiately preoedirR the dale d r9osiss. U the antsject property. has been iorproved within 90 days insmediatdy ptaoedios tM dosirrs date, the
seller s1taU defiva rsisaaes or waiver of all merchain firs exewted by straerat contactors, subcontractors, suppUers or materLl matt and seller's
medraaia liar at8dsvit. .
J. Pl.ALE OF CWSaIG: Glossas steer be held at the affix of the-serer'a attorney or as otherwise asreed upon. .
K. ZDtE IS OF '11~ ES~N(.'E: Tive is of the cacaos d tba Contnd for SaM and Ptadase.
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1~ DONfII$Vi'a FOR CASING: Sr~ar's attorney or other dositts agrsnt shag prepare deed, Hots, arortsase, saver's affidavit, dotdtrs statement std
wbmit copies d ere to brryer's attorney, and oapy of doors statement to the broker, at Mast two days prior to sdredded dosios date.
F lN. f?!Q'F1~ISE8: State raatax std dt?asmentary stamps whidr aro required to 6e affixed to the mstrumeat o[ oonveyanx, intansibM petaorat property
i taxes am the coat d reoordiag rtes purchase tnotrey motigase shag be paid by the adler. Doarmaatary stamps to be affixed to the note or twtes-
secased by tie ptarchaas money mettgsse s~ the oust of reoordios the deed shay be paid by the barer. `
N. PRORATION OP TAJ[FS (REAL AND PERSONALr Tues shall be prorated based upon the arrrent yews tax without reprd to diaoormt. U
~ the dosins takes plax sad the cwrrent year's taxes. are not fixed. and the wtreat year's asaa:aaetrt is availabb, taxes wit be pronted bawd upon
a such aasatseut and the prior yea's mr7lage. U the ascent year's atacasmeat ss not availabM, then toes will be prorated on the prior year's tu.
provided, hoverer, J these is onmpMted improvement of We subject premiss by January 1 of the yea of dooms, tls4a the toot shall be proated to
~ the date of dosius based upon the prior yea's miUase and an equitable asasament to be agreed upon between fire partis, talons inW oonsideratsoo
~ Homestead Exemption, if nay. -
i O. 3P'ECII?I. ASSES.SNFId11' LQ1VS: Certified, confirmed or ratified special snaurrerst liars as of the date of dosing (and not u of the date d the
~ contact) are to be paid by the seller. Petdittg Liens u of the date of dosirsg shall be assumed by the buys, provided, however, that whero the
improvement has been substantially completed as of the date of the contact, such penditrg liens shall be considered as artified, wafirtned or ratified
( and the atUer stall, at closirtg, be dsatged an aarount equal to the last estimate by the public body of the assessment for the improvement.
P. PERSONAL PROPERTY: The seller represents and warrants that all major appliance and oadsinery inducted m the stM s1ra11 be m Good work;rrg
order std repair as of the date of downs. AU personal property shall be transferred by Bill of Sak with Waaanty of Title.
Q. RISK OF LOSS: If the improvements are damaged by foe or casualty before delivery of the deed and asn be restored to substantially We same
.:ondition as now within a period of 60 days thereafter, seller sha11 so restore the improvements and the closirsg date std date of delivery of
~ posatasion hereinbcfore provided shall be extended aocordin6ly. if seller fails to do so, the buyer shall have the option of (1) [skins the property as
s is, together with insunnx prooeods, sf any, or 12) cancelling the contract, and all deposits are to be forthwith returned to the buyer std all parties
shall be released of envy and all obligation and liability.
-y R IIiAINTFNANCE: Betwe~trs the date of the contract and the date of dosing, the property, including lawn, shrubbery and pool. d any, shall be
u maintained by the seller sn the condition as it existed as of the date of the contact, ordinuy wear and feu excepted.
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S. PROCEEDS OF SALE: The Deed shall be recorded and the tridence of title continued, at seller's expense, to show title in the buyer, without
any encumbrances or change fiom the date of the last evidence rendering seller's title unmuketable, and the cash proceeds of such :ale shall be held
3~~4 in escrow by the seller i attorney or by sud? other mutually agreed upon Escrow Agent for a period of not lower than five (S) days, exdusive of
Saturdays, Sundays and holidays. If the seller's title is so rendered unmuketabk, the buyer's attorney shall, within the said fm (S) day period.
CJ ; notify seller's attorney io writigg of the defect and We seller shall have thirty (30) days from the date of receipt of such notification to cure the
defect. In the event seller fails to timely cute said defect, all monies paid hereunder shall, upon written demmnd, therefor within five (S) days
T. theresfter, be immediately returned to buyer, and simultaneously with sudr repayment, buyer shall vacate the premises and recomey by Spedal
Warranty Deed. In the evert[ of the failure of the buyer to make timely demand for refund. Ise shall take title as is, waiving all righter against the
_ seller u to the intervenirtg defect.
T. FEE FOR PROFESSIONAL SERVICES: The broker's fee for professiorul service shall be disbursed at the time of the disbutaetosat of the
proceeds.
~ ~ U. ATTORNEY FEFS AND COS'T'S: la connection with any litigation arising out of the contract. the prevailirsg potty shall be entitled to recover all
3 t~ costs incurred, inducting reasonable attorneys fees.
a ~ V. CONTRACT NOT RECORDABLE: This contract shall not be recorded in the o(fias of the Clerk of any Circuit Court of the State of Florida.
W. ROOF QdSPECI'IONs Prior to dosing, at buyec'a expense the buyer s1nU have the right to have the property inspected by a lioenasd and bonded
roofer td determine that roof is free of leaks. If said inspection indicates roof leaks, the xlkr shall pay all costa of repairs requited to remedy suds
oondHioa. However,
in the event costs to- be incurred ue more than 3% of the purchase pricer i>bde at. the.adlet's o~ii+a this .hostaet bs
}'~~.!_l r w atortsed to the buyer. ~r f~ 1 1 ~ ~ ~