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~1QC~ tTANDAdDS COI{ t~l1i. ESTAtji T'MN~ACTIOq~ _
'[rioE1MC prparad or blwi~AtaunirtZ b • nwtabN"trap aKbtlM abet
an exllRlet~ flan) wq ~ortiry to a en sawrata sYnoPSM of fife irrstfumsnts • ilia trill to suyeot Taal oMtM oowtY
wheraln tM land b situated, ihrorlgt< df!q .~f Contrast. An abeeraet shall eornrrtertee wIM tM atrlleat Public ree daq omary Mt the
eounttf wherein the land b aitusttd. tialNr ti6aH oomay a n?altatatiia tttM in aeoordanoo write TItM itsnderds adopMd nom tuna !o tlrM by We Bar. etlWaot
only t0 INn~ enwrnbtatgb etc tlom or elstelMlatlons eat forth In~COntreat and thoM wArieh shell M dteshMgad by ialitr at or baton aWS11t/.,UP~ dOSMy
of thb trerwction such sbstr~aat shall b.oon?a tM proparhr of OuYa*. to tM right of nantbn thereof by fleet morlNN• untN fully paid; or l2J a t •~w?
~„~,~(_isswp by a otlMjfled ~{tM inewor agreMry t0 issee to BVywr. u{rort rss}rdirtg of ilia dead m Buyer, an OwrnM's Policy of tttN prtair7ln~r~
arrrouns R vw varwww:Wk+t; ynwl'rytilM -N'tttt Btfipr p tfile rval yttOMgil.lkd?jws tsaey s iline:• enenlmtYlMrllae, exesptbrte or quMHieaeiona s~ata~fnorth In fhb
Conaaaa•_aew tttae~ Alton ~M/_4P-Mttt.~r, .#t ila~lfoh l ~I~r_~4 t1t~;i~tM~lI4.!ls~4gfAi1. eta l~ilf~i
H 4~1~~'i~;.~:•if a
clNtns ev10M10e of tttlo b trtanrMt. aaatt. it vita is - ew•w , ~tt~. ra~..w: 'A.a-t~Id ditlaatitl: aiW M M ~uAN1COM~f a. -t
~ 'sidd ~ uoni~tltM.~~WIE:~all k~~~~~''t~;O[.+~tda.~. zolt r~trrot
~n y~ ~n~ tare te:! rtn e i 4seeetirro~tl+i1-tMe ae tlrow 7~, ar (1an+bdtltq o iafultd PLglt
~11ispMd hirayod~i
whtolii i1taN-~iflhwldh 1M`ri~elif3`~01"~fi~? a~ild f~ti(i0~?'iitYlMF~irF1a11iF ilililF'b?~ilMildd%li'!6 (ini MnirtlNl.-Iif~.N lurtillre0lyfllaisunda tM Oentna~iaw•~
ever. SNIM agriM that M will. M qW 4 fowrd to ba unmMketabie. rlo~ dpigant affart to eorr?at tfte defaeaial M titM wrrihM rite titre provWtd therdor, NrcNrdMrg
tM brlagklg of naeessarlr cults. -
0. EXtSTiNO MORTdAdES: Ss!!M shah fumhh a satemwtt nom tM moregagaelst sattirtta forth prktdPal balance, method of payment, httMaet raa and wAtethM
tM morlia~lt~..,y In good standMg. If • morsgpe rpulres spprovN Of the Buyer by the mwtlpae in to avow default, or for assumpibn by she BuYM of said
mortiagt, and [~.1 tM mortONe! doll not'apPrevd tM sayer. the suyN may rescind tM Cont.eet, or 1,21 re0uir« an Incrwe in tM Interest rate o. oharosq. fact
for an excess of 1100.00 tM BvyM may rescind tht Contract. unlaw Seller elsete to Pay such increase N exacta. Seller shall Pay 60% of such fee up 60
S6Ra~0uyt _ ~tFbi~ladl~rioa do o01MIQ ylpao~M;TRi amouof of Mty asaroAt. dtPoMl~inld ~q? RwredlM~ ~N a• tf~~1~.iN~•
C. PtsitCa:.$i: EY-inhnTaAeeE:r Yes! itttroheae mores rota and rrtortwa. M eny.~ehNl proirliN for a 30 da~,g?ae~perMil~ln tM event of defwlt N h N • ~ _
first mr)rt~e • 16 day an•ps~tiod N • second m shall provWe for right of ptapaYmartt M whoN or In part iN,thout pnaity: shah not provide iN
s~eeNarotlsn M~~~if~l j~ fife bropMty: and -Da o -1or+n end eoitMlft rain by Saltt~! a ;~poyided, SN4lr, ! . o\n11~ n•
gain dautM _ N Mt e?ortiiMa and mwgiM nQ hl" uUllzed by aiitjr+0?~n~~~H+IRini (if the psOpP~4~•
Said mortgye shah sitput?s the owmK of d+e OropersM,efiiumbered to leap all Prig liens and to Mild tM.owrtM of t~ pro-
pM AciaPtMllf~tfk o~~M~~gdy.pgarbr mestgyalsl. All P~~ pro0erhl bNMsant~aYed wYl. tS oP of SMNr. be wbjeet to,tha
nano ttq rt?oitgage gird avidertead by 4tattNt+g ta. ~
D. SURVEY: Tire BuyN, within tfrrte a11owW for dalNerybf eviganoa of title end ax~rninatbn th~reot, may AetN tl+i propMtll ed ac hp ppense. If tM
survey. certified by a registared•Floride surveyor, ~rpyns trey aneroedurwtt on saW props+tY or tMt improvements Intortdad to b! Focaton the subject properb in
fact arcroaeit on Muds of others; or vbMta any of tht Contract eoianNtN, tM same ehaN t» trtatW es • tftM da/tet. r?nnyy wtrvey preparatl k?etinrtaetton with or at a
conspwtce of fhb ttenaaetlon may include a datsriptiort of tM p?opartY undN tM Florida Coerdineta 8ystam M deRnid IA Ctaptsr 177, Fiwide 8gtutM.
E. TERMITES: The Buy wrhhM tlrM ailovsad f04 dNlvary of wideaee of trill and examinatbn thereof, or no liter thaw l0~daya prbr to doNrtg, wAtiehever date
occurs may have ~~kn>: M11P~egd at 8uyifi expdiiM by b CKNfbd freit'Cowfroi Opln?ot to da6armiM MArath~? sly 4 Nry vbiWa letiw fermis ° .
infestation a vbibN exbtirt*dem from tMm lnfestetion In tM knPtoventents. If Buy~t; iblgfoemW of el(Mr o~bOth N_1h. dr+Yar will Mr• d'drya
from date o1 wrhtan notkf tl+araof or,Z days afse?, saNctbn Of ! eontracmr, whfoltevM oow~a first. within rshkh td'Mtng~aN damagM. vbible w riot. M-
speeted.and aatkrtatad by a ileanaid buMding or gartMN contnetor. 8a1tM shat) -pay valid coats of trattrnent anti r+ipair of al! damps trp to 1>4% of Purehw trice.
Should such costs exceed that amount. Buyer Ytall have the option Of certeNlirtg CerrtrectjwlthM 6 days attM f:o~t Of tgntraetflt't ~ M
written notice to SaIMr, Or Buyer may elect to proceed wilt ill trartseetion, in which avant Buyer shall receive a credit aYelMing of an amotmt aquM to lfs% of
said PurChaM Prke. "Terrnia" shall be deemed to include MI wood detMOyh+g Insects. - - .
F. INGRESS AND EGRESS: SHIM covenants and warring that drMaislelrfess and egress LO the ProPMtY•
G. LEASES: Salter snail: hot-lase ifraw 1B days drlor'fie'dodrtg. tttenNh" td BuyM.tapias of aN tsrrittMr isaliw and Msoppef' letars Aorrt eeeh.tenertt tpeeNyirp tM
nature and duntbn of said anenYe occuWncY. rryy??tal rates and adYanosd rent end security deposits Ptb by tenant. In tM avant SNIN h unable to obtain nrclt
letters from each tenant, '1lraairne~informadoh ~Miall tie fumwitad.by:SalNt to BMYM.rrtthM tall-trtlr,.plrifod irttha farrlof o $N~'s lffidalrit. trtd fjoyar may
eh.reaftM contact tenants to confirm sueh~ 4gtormatbn. SHIM !?tNl de11vN #rW ate, NI pripinal leia~ to eu~ ~t_ closing. , , ~ - - ,
H. LIENS: SatlM shall. both.as to the raNty i1.K1 peMOnMty bthig tdb ~!?}r(nd.N. fi,mblr t!• 114Y.M-a~ iltni'vf hlosir~ an_atfidevlt ettestinq to thi absence un1eM
otherwNe Provided for herein; of any tittaraing sbtementsc of tiara ~pgts~NtMI Ilertort tigrsn to
Sallrr~nd furthM'itte.tirtq ghat thbre itaw bias no impro~~
manta to tM Property for g0 date . Y dadoeMjo. if the properp 4taf bMrs-~inPn?vad within acid theta 8Ni/r shNl dNiver raMNSS w yvMwn
of all metatinto'e IiaM, executed by ae~eoetretloR: subcontractors„ supptiMi; end rfie3MAMti1At. in al?dition toSeliar's Ileh affidavk eehht0 forth thi harries of
an such oenMaf Wntractort wbcontreatora. wppNerragd mpwtalrtien agd~rt~e?d'sFitkwsAet ~ faes~ll biib for wort
to tai tgW~st ixOpersY ~1!*.~~3~!w
as a bash for a mael+anic'a lien have been peW or wipi be geld a doaittg. -
I. PLACE OF- CL-OSING:-6iosirq shalt rte bald M diimty "wAtMeinpropNty b IoMid; n tittoffico of.ettNnay or other"eloNrgagnrt~designated by SNbr.
J. TIME: TkFta b of tM ewnee Of fhb Contract. Arty reference hereM?.to time periods of lase than B days shalt in the epnputatlon-thMaof exclude Saturdays, Sun- -
days and legal holidays, and any time Peifod-Pfov ~ harelit whkb shah end on p Saweday. $undpf? or ilgel ltoJideY titalt3:ttend s4 5:00 p.m. of.iM next full
business day. - -
K. DOCUMENTS FOR CLOSING: SNlsir shall furniNt deed, meehank's lien affidavit, assigrwnants of leases, and any ewreetive instruments that may be rpuired in
conneetbn write parfaeUng tM trill. BuyM sttMl fumhh doting steterrtent, mortgagi', inortgaga note. and finaneirq satements. -
L. EXPENSES: Snse surtax and doeunrantary ~atantpa wAtkh are "required to bs affixed to tM NtsVrrment of eonveyanee, intangible tax on and racoroirq of pur-
chase money mortgage tp SNlr, and coot of rteordirp sty cgrractivt instruments sltatl W paid by Se11N. Documentary stamps to be affixed to tM rate or rates
secured by tM,Purehasa mortay mortgage; cost ot-racoroiftg tM deed end financing stawnents chaff b. Wid.bY SuYM- ,
M. PRORATION OF TAX E8 (REAL AND PERSONAU: Taxes shah be prorated based on the current yaer'e tax with due ellowtrtce made for maximum Mlowabte
discount and homesgad or othM: examptbrts if altowad for said yaN. if dosirp oKUtts at a date when rite current Yeer't. mdlaga h not fixed, and eurwtt years
assessment b wadable, texas wYl a prorated based upon such essesarrrtnt, and the prior year's millaga. If currant Years Nsassenerlt b not aveilabla, then bxa wqt
txs prorated on tfie Prbr yea's tax: Provided, however, if tMn ere oompNted imprawntents on the by January 1st of ~a~I~? of lasing. wRtlch Itrrproverrtents
were not in exlstertoe on January.lst of 1M prfor year. then texts shed be prorated based upon.tftap~isi''Qlnitlaga ~ at frfiquitabi.•aMssmanYto be agreed
upon between tM parties, failing which, requaet will be rnada to thOCotrrrty Property AppraiaN for an infomtel saMSrnani taking into eonsidentbn homestead
exemption, if any. HowwN, any tax Proratbn based on an estimate may at request of sithei party to tM trsnseetbn, be subsequently rwdjusted upon receipt of
ux bill on condkion that a ataternartt tD t/rat effect b eat forth in the dWinY stattrsregL . . -
'i N. SPECIAL ASSESSMENT LIENS: Certified, confirmed end refilled special aesessmertt liens M of daft of dosing (end not es of data of Cont?ectl an to be Paid
by SHIN. Pendirq liens as of date. of doting altall ba assumed by BYYM. Provided, however, that where t1+e improvement has been wbstatKiellY con?DNted a• of 1M-
date of Contract. such pending (fen shall be eoniWtnd as certified, contitmed.or ratified and SNMr shall, at ciosirtg, be charged. sar? amount equal to the last astimap
by the Publio,bodY. at tM aes~wnent to? tfta.knptot(arnartt. _ -
O. PERSONAL ~ROt;ERTY It~SPEC'~ION, REPAIR: SNIM wrratn that all myor appliances, heating, cooling, NecViul, plumbing systems,-and machinerjr an in ~
,vork inq eondriion M of 6 days prior tb dosktg. BuYN-may, et hb expense. Awe inspectloris made of aid (ttnte by.(kanaad oanoM deeiirp in siN r!OeN ifitd
unsnee thereof, and sM11 report in writing so SNIM such iterr?s as found rat in working ~nditbn prior teS taking pf pooessioq tfteraof, or_5 data prior-to closing.
wh ichevN k firR. Unless BuyyM reports fapurp within said period. itr! sha11 be deemed to Rave vwlrved SNlars warranty as to fallurat rat reported. Valid reported
failures shall be corrected n SNIe/s goat with funds therefor eKrowad et doairtg. Sa11M press to provide access for inspeetbn upon reaspna¢N notice. _ .
P- RISK OF LOSS: If tM Irrtprovarnents are damped by lire or othM cawaity prior to balrw, srwl Doers of rastorirg same does rat oxcead 3% Of the Aoessed
vaiuetioft of the impreverrterrts so damped, cost of rastontion slraM gran olriigasion of tiff Seller arrd doting shall prowl Pt+rsusnt to tfM ttmts o ontrac _
w-'f~oTt therofor escrowed at closing. in tM event tM cost of pp~r or.restoratio~f exceeds 3'11 of tM asse:std valuation of tM improvements so damped Buyer
shalt haw tM optbn of either taking tM property as br toyatMr with critter tM said 3% or any imuranee proceeds payable by virtw of such loss or damage, or of
canceling Contract and receiving return of deposit(s) made hereunder-'
O. MAINTENANCE: NotwithstsrWing~Provisiorts of Standard O, betwoat.Contract dab and closing data, pMWnal property referred to in Standard O and real
property, ineludirq Iawm, shrubbery and pool, if any, shall be maintained by SNbr in condttbns tMy existed as of Contract date, ordinary year end tear excepted.
R. PROCEEDS OF SALE AND CLOSING PROCEDURE: TM dead shall be recorded upon elearanee of funds and widenee of title wntinuad et Buyer's expense, I
to show citb in 9YYM, without arty ee?currrWartees or change aAtich would reo4et SNMrs titN unmarketabN, from tM date of the last wfdence and the colt pro-
ceeds of sale shNt be held in escrow by Sellers attorney or by such other escrow. agartt as,may t» mutually agreed upon for a pe?Md-of riot longer than 5 days
from and after clotirtg date. It SNlers title b rendered unmarketable, Buyer shall within saW 5 day pNiod, notify SHIM in writirrg.Qf tAe detect and SNler sfiall
have 30 days from date of receipt of such notificatbn to cure said defect. In the event SHIN fails to thn.ly cure said detect, a)1 monies piid trNeurldN shall, upon
vlricten demand tMreior and within 5 days thereattN, be returned to Buyer arid, sknultartwusly write such repayment, BuyyefshaN~ratab the premises and neon-
vey tree property Mt 4uNtbn to tM Se1iN by special tlrerrer+ty deed. in the event BuysY faNa to wtake itrrtely demand for Ietund, M shalt take title M is. waNirq all {
rights egtir?st Seiler ae to such intervening defect exupt as may be LvN1abN to BuyM by virtw of vwrragtfes, it any, contained indeed. In the events portion of tM t
pu rchsM Price is t0-bt derived from institutional financin0 ~or re-flneneing, the rpukemertts-bf tfie boding institutbn es to Place. dnie aril Procedures for closirq, i!
end for dbburserrttnt of mortgage Proceeds, shelf control, anything in this Contract to fire contrary notwithstendirtg. Provided, MwavM, that tM SNIN shNl haw
the right to require from such Iendirtg in~titutton et closirp a comntitmant that it will noiwflthhold dlslwrserrrutt of mortgage prowls ss • rewlt of any title defect
attributable to Buyer=.mortgagor. - - .
S. ESCROW: Arty escrow agent receiving funds b wthorised and aOreM •by aeceptertce"tltareof to PromPthr deposit and to hold sarrtr! in arrow and to disburse
same subject to cNarance tftareof in aeeorMrtce with' Carets sad coMttbns.of
~Coii~: failure of flierance of funds sMll not excuse PMformance by tM Buyer.
I n the went of doubt as to hb duties or liabilities undM tM provbions of thk Cont?eet, tM aeerow agent may In his cob discretion, eontinw to hold the monies
ices w+.:..~wj~..,e cif This escrow anti! tM parties"'mutually agree to ilia disbursement tltNeof, or until a judgment of • court of eompeterrt jurisdiction shall
determine tM rigltb of the paRies thNeto, or M may deposit all ill monies then hNd pursuant to fhb Contract with the CINk Of tfli Cireett Court of the County
having jurisdictbn of the dispute, and upon notifying all parties cortcemed of such eetbn, all (lability on tM pert of tM escrow agent snail fully terminate, except
to area extent of accounting for anll monies thNetofore deliwtsd out of escrow. If a lieensad real eaete brokN, tM Merovree will comply with proviebns of Saetbn
a75.25 (11 (cl, F.S., ae er~tanded. In tiro event of any wit between BuyN and SNIN wherein tM escrow spirit b made a party by virtw of acting es such escrow
agent hNwndM, or in the overtt of any wri whNein escrow agent Iota?pleads the wbject mattM of this aerow, tM escrow agent shall be entitNd to reeovM a
reesonabla ettomey'rfN and tosle ineursad, said tees and costs to W charged sad stewed es court cosh in favor of tM prwailirq party. All parties agree that ill
escrow agent shall not W liable to any party or pNwn whgmsowp for misdeliwry to 6uyN w SNNr of monies subject to fhb eeerow,urtlees such mfsdNivery shall
be due to vvNHul Waath of fhb CoMraet or fXOSS negligence on tM part of tM escrow agent.
T. ATTORNEY FEES AND COSTS: In conneetbn with any litigation including appNlate procNdings Nisirtg out of this Contract, tM prwailirtq party shall be
entitled to recwN ressonabb ttterrtey !tees and,eo}ts. - - ~ . - - ~ . =
u. DEFAULT: If BuyN falls. to pNtOtrrt- this Contract w~dtiri rata time specified, the.daposit(st paid by erne BuyN aforesaid may be rnair?ad by or for the tccount
of SHIN M liquidated damages. eonsidNation for 1he~axicuiiort' of thle COntract.and M fuN settlement of any ctekrN: whMwpon MI partws shall be rellwed of
all obligations undN rite Contract: or Se11Nr at hb option, may proceed rt law,or in equriy tD Mfotq bb legs! rightsArrdN t1tb.Contract. If, for any reason othM
than failure of SHIN to render Ab tftitmarkatable-eftN diliyartt eNort, SeNer faNi; neglects or refwas to perfortA this Contfaet: tM BuyM may seek specific pN-
formanu Or Nact tp receive the return of hb deposit(s) without thKebY waiving any action for damages ntultirtg from St11N's breach.
v. CONTRACT NOT RECORDABLE, PEpSONS BOUNt1 AND NOTICE: NaititM title Contract nor any notice thereoi shall be recorded in any pubite records.
This CorttractslraN bled acrd inure to tM benefit of tM patties itNttO and their woawors in interest. iNhenwN tM context permits, singular shall include PIUrN and
one Dande! sha4 inclwN all. Nof~ice givart by or sp the ~ttornay for a~ WrsY thaU W as ltfectlve ae If ghren by or m said perry.
W. PRORATiQf!!S Ap10 INSURANCE: Taxae, flsspsrrtente. rent, intaraet,.insurarru end othN e:cpenMa.+rtd rwanw of said proppty.shal! t» Droratd as of date
of closing. BuYN snap hari tfie oDS~P~ ot.taking pvN arY gxJsting policile,otj~wrant;!-on tM property, H-aswmable: in which eventDnmiymeshtlt be Prorated.
Tha cash at closing shell: be trxreeead or lee'eased • Ma1i• ba;nquint! by sNd prt?rsrtbns.-All retereneas in Contract to prOratioris as of date of closing will be
daernd''da» of ooeupgrrfy ' 1f oswP~Y-tcwr?prbr to•oi4!irM. M~ o~ Pwidd !or herein. _ _ .
X. CONVEYANCE: $ellir MrMI Convey_titie to"1M aforesaid rMi ProPMSY by statutory warranty deed wbjeet only to'mattMS eontsirted in Paragraph VII hMeof.
Personal property shed, at fire s'eOtrMt of .i)uYar, ire aorwelred'.OS?. aA abaoltAs bHl of sell vstth M+?rartty of tiW. subject to such Nenaas ntay be otfNrwiM P?aMdad
for herein, - - , . _
v. OTHER AGREEMENTS: No ~ prio+- or Presans agrMrrtents M representations shall ba binding upon any. of tfre genies Mreto uniea incorporated in
this Cogtnct. No modifkatlon or change in fhb Contract shall-be valid or binding upon tiro panes unless In writiM. erecut!d by the P+nies o • and thNaby.
~ ~ ~ tier