HomeMy WebLinkAbout1531 t YIVCrYVa Vr' art 4c LLI A^ ayattlLa yr a•Pe VreVNear Vr urV Uana vrre•n vy ¦ •eVa'a~a••v r. ..sa;ny Tan a•a ~l nr•r .1• nqa ea ncP.y Aan err . tP, a[ COIIK Y
, e•ISting firm) purporteng to De an Kcurate sy nOpsh OI tM iMlrunelrltt •/tea ling the 1•tls ro s,.blcG fret prcpany re. ,+.tal rn the pul•b. a ur•IS r.r cl.a cpunl
•,ra.r. thj 1$1sd if {itWtld. tArough date •~r Confect An aUftratt atoll cw+,mar,ce wrth mr eerie«ft Uuhlk reauntt. pr {.;h 4tN Uatu at ~ s; w; r.ntar~•ary en Ihr
n~,.NMteln tM I1hd is tltWted. $tlla/ s1a111 cOhwy a mN?etabl! lade In aca.o+uan:e with T etb Standards •+Ippta;t I+om float to time Ay 1 ht F Ir,r,rla Bar, uDrait
:w t0 INns, ancumbrancM, txctptiOns W 4ualif~ations sat lords in tAit COnt+Kt and tAosa whrah shall M urtcANyr'1 4y Setlar at Or bargee clusiny •~pors dos.r>?
toes 1rMaactbh wcA abgract thNl DKOma IM Droptrty of Buyt?, WiryKt to the +•ght of rarenl•on thtra0l by Ihsl mmtgtgea until fully paeaf, or 1 2; a retie inr.r•
_ ~mmrt~m~nt, ksuad by a gwldla0 title Insuror ayretini to istw to BuyN. upon recu•dnry of ore deal to HuyN, rn OwnN's Polity r,t t;tls Ins.,rancrt .n
^,nt-
Oi tAt pureAtlst Price. inwrirp tine o1 the BuyN to tAt rW propNty. wn~ed only to Bans, encumbrana,es. excwswnt o? ow:,h.-at.ons sat loth sn tMs
ar,•t. tct and IAOM which shall bt diRAariad by SHIN at or btfoft cloting. BuyN shaft nave ~0 drys, i1 ahatract, or 5 days. is title co,nmllr„r,nt, from dart of re•
ar+nq wietnd Of title b txsenhse tame 1/ title is found defaethre. Etuyar Mall, within 7 day{ thaulter, notify SHIN in wreunQ aV.cltymg dtfactlu.
s, d dNtCtld fMdN titN YtunaritttaWt, $MtN Moll AtW 120 OaYt teem raa.alpt of notiay w$Aen wtikh to rtmtlve sad W/Ktla), and if Ss!:tr h YnWGCeHful in
,avlty thtrtt sMtAM Ned tlrne, (lYYM {Hall Awt tAe option of eithN NI acctpung tM title as a Jaen ia, or 121 dsnlanmrag • rtfunJ of au rnonus veld ANwndN
. • :h Y?all IorMwitA be rlturnad to SuyN and thNeusaen •uyN and Stfgr shag M rtbassai at to one arto!htt, 01 all 1.,•thtr Obligations unaltr tAe Contract: hOw-
• Seller agrNt that At will, If tltN ra found t0 tae unmark~teblt. uM d•Irgtttt tl/or{ to correct tree deftctla) in t.cte weth.n the time provioed tneretor, ~nclud.ng
r•rrngMg OI neceaNry surfs.
XISTING MORTGAGES: Se11N shall fuinMA a statantnt from tM mortgagetlal vetting lurch grin: feat rewtanae, method or pavnatnt. a,tereft rats and vYAtlhtr
r a.artapel in pod atandeng. If • mortgage ?equirH approval of tM BuyN b? IM mortgagee rn urdf~ ro woirl dtfault, Or br assumption ny tM OuyN of laid
.:gags. and ~~1 tM mortQWet dots not apDruw the 6uvN, tM 8uytt' may rescind tM Convaat, or ;ill rtyuhes an inoraase in iht interest rag Or charq(r{ a let
ar.y reason in aacass of 1100-00. the BuyN may rescind the Contrast unlesf 5Nttr attctt to pay loch increase or s>icass. SNttr shall pay 50~ of tueh fee up to
. J0. Buyer sAN1 uw reatAnabq Oihpenca t0 Obta:n approval. TM amount of any etcrOw dtpOfits held by mOrtgagtt p+all be crWittd to Srl!er.
I-t'RCNASE MONEY MORTGAGES: Tha purchaN money note and rrtortgtgt. if any, shalt provide fora 10 slay grace period In the anent of dtfault if it is •
•nungagt and a 15 day grace pNiod if a tecorrd motegaga; shNl provide for right of prevayrnent in whole or In pert witAOut penalty; shad not proved,( for
luation en went o1 rtwh of the propNty, and sMtl bt otMrwiw in form and conbnt rtyuerarl by Se11ai s ettprney; provided, howerar, SN1er mar Doty tt-
c1auM tustOmtrily IounU in mOrgafltt and mortgage Isotet ganerNly utetired by ttvings end loan institutions in the county vYfsersin tAe prosarty Is located.
t .t,ortgtlta tihall rs!qulrt tM ownN of the Oropeity tncurrabtrtd t0 ktap all prior tuns seed encumbrances rn y,.ou tearadlrag and forted the owner of the pto•
fiom accepung, rnOdeficationt of or tutu~e advances uradN pNOr mortgagela). All ptrtonal proDarty Wing con+eyed wall, at Deleon o! $aI1N, he suL)ect to tM
of tAt mOlgagt and fvidtncstd by rat0/dap F Inancirag StattmMte~
;r(RVCV: The Buyer, within time allovwd for delivery of widener cf titre ar?d txemlrtatlon thtrtol, may Awt tAa property surveyed at tits expense. If the
a; csrtifiad by • .pestered Florida wrvtyor, sAows any tncroaCAmtnt un said prOpertY or that improverrrerrtt inttndad to ba Ioc.atW on the f..b(ect property in
r,:rotcA on lands of otAtrs. or violate sny of the Contract certnanta, the carne shall ba treataJ as • title dt/act. Any survey prepared in connacteon with or as t
•-.;other et CMS transaction may include a description of tM propNty outer tM Florida CunrJinab $Yatem at dtfinerl in Chspur 177, Florida Sbtubs.
t f RMI f f S Tlae HuvN, within lNna Nlowad for delivery o/ wWence of title and aat,ninatiun thererOf, or nil late than 10 days prior to eluaurg, whiehwN data
tart, may have rM rmprueNnMq ints,ectW at Buyer's txptnN by a Gltified Pest Cnutol Operator to dNSrmine Whether rnNe is any visitle adiva tarmrb
shun or vif•bla e• Ist•ng darY•ape lrom tNmlb Inlesteleon in tM improvem.antt. 1171uvcr Is IMprmtd of either or both of the ~•.regoang, BuyN ,affil haves 4 days
. :ab of written notiu thNeOf or ?drys sltN sttactiOn of • contractor, wnicAwN occurs fittt, within wfekA to hew alt damages, whelhN vsib!t olnot, im
• : t and astunatM by a licensed building or ganMal contractm. Selgr shall pay valid costs of trutmtnt and rtpalr of all darnegt up to t•,st, of PurchaN Price.
.:d such coos ewued that amount, Buyer aANI Awe Ma! Option of csneNlinp Contract within 5 days after .ecapt or cohtractor's raDarr asumatr by g111ittg
n notrca t0 Stlle•, Or cove may after to protect with the tnnwctaon, m whicA want DuyN shall u: elvt a ctarfi/ at dosing of an amount equal l0 1 %i% O1
• ...anew Price. "Ternaai' shall be dashed to include NI wood destroying rosette
3RES5 AND EGRESS. SsItN covenanp and wNrantt tAtt theq it ingress and pose to the propNty. -
. + 4Sf S• Stller shall, not less tAan 15 days prior to closing, furnisA to Boyar copios of all awiltera teases shat estnuprl Itttett from e.rt. tenant specifying the
and dwabon ut said tenant's occupancy. rental rater and advanced rent and security deposits paid by tenant. In the went Stier is uhabtr to obUm sucA
: s Irene each ranee t, tt.e same inlOrrnati4n shall be furnitAad by Stller to 8uytr within said Irnab parrot ire flee tdr+n of a SNlir't sit:davit, and Buyer may
• ,tear contact tenants to conl,rm such entornaat.on. SNler shall dNiwr and sleigh all original teases to Buyer at closing.
rN5 Sealer shau_ born as to tna realty end Feraonalty bring solo heraunafar, furnish so Buys• ar tirnt of etos.ng an affidavit attasteng to tees ahsrnce untNa
:.•sp provrdad for nNerr,, of any financing seaternsMt, claims of lien or potential leenors knoavn to Sttgr and fiuthN attesting that there have been no improve,
to the property for 90 Jayf immetiately pracMmg date of doting. It the property hat been improved within said time, SNler shag de!:ver releases Or waivNa
.r~e. hanit s hMf. ex e[u red by geatral COntr aC tort, aJbfbntrK tort. tupPliert. and materialmen, in adoilion io StlIN•s tern affidavit setting fart?. the named O/
e. yrnNN convnuan, wbcontactors, suppleNS and materialmen and furlMr reciting that In fact ail bills for work to the snl•(act prpFnty vrtaicf. coa.td sarw
- era fur a mcchan.c•t tiro nave Desn part tlr avid be paid at doting.
ACt OF CLl:S:NG: ClOSrng shNt ba nerd in county whenen property is located, at the o1Gce of atsurnty or otMr closing agent tesegnateJ by Seasr.
ttAL' • Trme rs of the ruence of this Contact Any re/atnca hNaen to time periods of Irss than G .rays shall in tM computation thereof eYC!uda Satur:fays, Sun•
?nd :pat hol•days, and any time PN•od proven d for herein avhich shall coil un • Satur.tay, Sunday or legal holiday shat: axtsnd to 5.00 p.m. o} the next fu{I
. ss usy.
• .CUMCN7S FOR CLOSING Stier shelf tumsh deed, mechanic's lien alhdarit. aatignmerels of leases, and any cor•ective insaumNrrs rl•at may At tequ:red in
.-ct.un .,nh pNfectur~ the titU Boyar shall furnrtA doting statement, rnungare, mbngaga note, and feMncing stat:•rntnts.
: ,~PE:.SES: State s ores and documentary stamps which are rwiuireJ to ba •lttxed to the instrument of cunveyanu. intangible tea on and recvrr(tng of pure
•raoney murtgaQe to Seller, ani colt of rs.:ordinq any corrtictivs instrun,entf sMll De pact by Salley. Oocu•nenur? stamps to ba effaced to ore ,sob or notes
••r by the Cu•chasr money mortgage, cosy of raco.+Lng tM deed arw fintnc my statements chart M Vard by Buyer
• •GRATiON OF T Ax ES IREAI ANO PE tt50NAl): Taxes snarl M prorated bash on the currant veal s tax with due allowance made for rnaximu:n atlowablt
.,•tt and homestead or other a¦amptiona .f allowed IOr said year. If closing occurs at • ,fart when the current yNi t miflsgt it opt fixed, and currant year•t
••••enr rs evariat.Ie. taxes wNl ue prorated bases upon sr,ch Nsessment, ano tAa prior year's mileage. If current veal s aateat+nent k not a+srlable. then taxes wilt
Or oteti an tAe Ptror year•a tax; provedad, Aowav N, rt tMra an compMttd impru.Mnentf un the Dropat tY by January 1st of year of closing, avh ich inrprovemMts
of ir. taesterce on January t st of the poor year, than taxes shall be Draratctt tiastal upon the prior ye+r•s millaga and at an aQukaDte assessment to tse agreed
:.e•wten the partica. 1sa,ng .ankh, request avrli be made t0 tM County /ropsrty App+iiser fur a•. informal essessrnsrt bkinp into consitltwtion Aomesgacr
..:n! A any NOwcaer_ any lax prprataOn beset on an Nlemate may at rsqutat of ti1Mt party to the transetli00, tae Wbtequently raart;uptd upon receipt of
•r On a.On.bt:un [hat • stNNnent t0 tAat of IKt is Wt forth in the dOS+:+g siafernerrt.
CIAL ASSESSMENT LIENS. Crrtit:ed. conlinned and ratified special assessment (rent as of date of ctosirtg (and not es o1 dab of Con!rscq N- to bt yard
_r er Panan~ tiros as of date of closing shall ba essurnaal by Buyer, provided, however, that where tM improvement Ms been wbatantiatly cam, tared es of the
r' Contra.;.. such penning I.en shall be considered as tettilied, confirmM or retitred and Seller shall, tt Clusrrg, be rhargett an am~.~~nt equal to :ha less[ astimaa
r ,.,Alit body, et the assessor Mt for the irnproyM"aant.
kSGNAL PROPS RTY INSPECTION. REPRIA: Seller viarrants that art rnafor appliances, heating, cooling, atectrical, plumbing systtrt.s, a•.•f machinery err in
~-g cpndaiOn as of 6 days prier t0 closing Ouyer may, at ties expe••te, have rnpecliuna .Wade Of said itNns by IiaeraseJ persona daa:in~ in tot repsir an7 main-
! thereo t, and serail yet+Ort in writing to Se' ar to:n items as fount! not in .ro+i,in~ urn•litinn poor t0 tsk my of pniteatrgn tharau t, Or 6 .Uyt pnr.r to Up6ng,
-v•+ It first. t/nbft Il ~.•a nr rq.Or Lf fa,lurrs w,th•n W d pN•uJ, M shall he det•••Cd IV hav0 avnev r+l Seller's aatlranty es 10 fa•lures n01 re(.•.r;nl. Val,•t rWOrted
s sI,NI ba coerce. tfJ at Setter's cost with funds thereto. escru weal at closing. Seller agrees to prOVrda access for inspR bon upon raawnaAle aot:a e.
~.iK OF LOSS If the un p'OVtmeMf are teenaged by fire Or OIhN CatuNiy prier l0 Closing, and [gaff Of /latprirag :area dASS not tar <ae+t 3'i Of flare Asfefsed
on of me rmpreve•nrnn w dammed. ,.-os! ref restoration shall tae to obligation Of the Setter and closing shall prOCeM Dunwnt co the [arms o. ontract
.usi thereto. escrpr.W at dosing Ih the event the cost of repair or rettorauon exceeds 3:: of the Nasssed eatuation of the imprOven.ents so dammed. BuyN
• ale ine option Ot e,tnar taxing the DtopertY a! rs, logerMr with e•the. th! said 3!L Or any rnwrance Dlocesds payable by virus of wen Toss or dama7B, or Of
,:ng Contract and rlceirrng retwn o1 depOS•;rt) made herc•,ndN. ,
•o•1NTE"iANCE NO:w.thttanding pror•s.ons of Standud O. between Contract data and closing date, pNSOnN property raldrad t0 in Stondaraf O and reN
;y, encludrng lawn, fhrubbary and goo', rr any snail W mNntaened by SeIIN in conditions tMy existed M of Contract Jars, ordinary wear and tear excepted.
f •:•CCEDS OF StiLE AND CLOSING PRCCEDuRE: Tne deeA shall be recorded uDOn clearance of funds and evidence of raft cowtinueda' S:rrvar'se:pense,
SEE} + t.t1t en 9uyer..oithout any sncumDrances or change which would render Seller's tet!e unmarketable, from the .rate Of the last wicen~e arW the cash pro
vela shell 4e held in eaCroav by SNIe%s attorney or by wen ether escrow agent es may be mutualy agreed upon for • Mrbd of net larger than r Jays
,cd after ctof•cy date It Sauer's tet,e is rerarsrred unn.akatabla. BuyN cnau within saW 5 day parrot, notify Sailer in vvriting o1 tM .feted and SetIN fMrl
~ .toys horn data Of receipt of s~cn not•ficateor+ to cure uid defect In the event Seller faits to tirnNy cure said detect, NI monies prd n:ro •ndN strap, upon
demand tAerelor and withir.ri davs thereafter. tee •eturnart to Buyer ahU, si:nu:tansoualy with such repayr•,ent, Buyer sAdl vacate tF.e premises end rtcon-
~n.: proWrty in question to the Satre .by s;,ec+N v+a: ranty deaf In tna event Buyer fails t0 make tamely demand for reLmd, ns snarl is?r here as is, .leaving all
r eaarrst SaUN as to wrti;~ de'ect except es may be availabb to Stover by virtue of aserrantirt, if sny, conta•nM in deed. 1 n the e. sm a portrcn of the
se (,rice is to be Derived from Instifutronal tinancing or re-financing, the requirements of the tooting instlt•ation ae to Dace, tans chef prom+! sees /pr closing,
'.tr drtbursamtnt of rnoagage prOCeeAi st.aU control, anything in this COnlratl to 1M contrary nOtwithatanrb,ag. Proviltarf, however, lAat the Satire shall have
"t 10 rpuira from such landrn,~ institution at closing t commitment that rt will not withhold disbgrttment A/ mor[gsge presets as • result n1 any title defect
:,•.tabee to BuyN mortgagor.
SCROW: Any escrow agent rect:ving funds rf a,.thorired and agraN by e•:ctpunre tnt+aol to promptly deposit erxt to hoW sar,*at in escrow and to+Irstwraa
wAlact to deNance thereof m accer,lanae with urnn and eonditroM of Contract. Failure of cleuatace of funds shill not eRCUN pNterrnar,r_k •.y !ha BuyN.
e went of doubt as to his duties or IiabAd•ef unalar tM provbbns O~ this Contract, 1At escrow. agent may m: his sofa u.fcration, eontnue to huff the maniH
r art tot sublKt of this escrow until the (s.fret mutually tgrM to_tht disburstmtnt thereof, or until a judg,nnut ul ~ court Of co•~wtert to+••sJiction snarl
. • : ~nina tM rights of tM polies thare[o, or he rosy deposit NI the monies then htW pursuant to that Contract vntb v.e Clsrk of the CUCUrt Co••rt of the County
- l (.,riadiction of tAt dispute, and uaon nor.fyenp all pants concerned of such action, all lial:irity on the wart of sne .s~ r a:~ agent shall,tayly terrninata. a•ceot
ens exlMt o/ KCOUntrng for any menial Iheretal4tt de'Ieeftd Out Oi eaerpW. 11 • IKented real estate brok tt, Ilre escfoweQ roll c0•ri{,1~ tiith ('•rgY+fepnf 01 Section.
Z5 It) 1e1. FS., es amMtled. In tM wen[ of any suit between Buyer and SNlsr wbNein th! eY_rpw agent is mails a wa•ty ny virtut of aauq as svc9 escrow
' t t,trtalndtr, or in the went of any sort wh+•rein escrow agent IntNplexfs the subject matter of toes e(trp,n~, the escr,w agent shale r.e council !o recwtr a
r ,t~•tabN attptraaye fat and torts ircairred, aa,d (eel seed tpatf t0 ~ Char
~ gad and assesurf as court costs in /avol of the p•evaiang par, Au part.ea anree rnar the
~ a•w agent YsNI not Oa liable to My parer or perwn whomsower lot miWalivsry to i.uyer qr Setter of monies s•..ut.t•a ro this escrow, ,force suer, rdwN•wty thNl
~ : re to willful breach of tAis Contractor yross nsglrgenca on tM pot of the escroav sga•nt.
~.TTORNEY FEES ANO COSTS In connection with any litigation inctuctinQ appsllate p•oceM:ngs arising m.t of t>•.s Goraract• the weva:r•+•~ va•ty shall be
~ •ir:ad to recrtiN reasonable attorney's fees and costs.
)EFAVLTe 11 BuyN Oils to perform this COntraet within tfia timt? spscitlad, the drpasiUl! pa,d by the Buyer areresa•rl ,oat be rarsu•Cd t•, or far. •ne account
e'IN b tpuWatM damages, conslda1atbn !or the execution of this Contract and en fuu serUe,,:ent of any ctairnt .,.hereupon all t.a•t,es share ae rei.wed of
abriptrons under ilia Contact. rn Sttttt, at net Option, may proceed N law or in sgwty,to egto.cs hit regal r:q•ats .r re+ this Contrac• ' +or any r:assn omN
+ailun Of SHIN to rtndtr hb Gus matkaNbie after diligent iffoit, SHIN sans neglects or refuses io pertorrr ttr~s Con+rsct. tAe Buie., rr,.. seek see^ific per-
- v_r,~e or steel to receive tnf return 01 his depOfitls) witAOUt tMreDy wtiving any action for cta•rages resulting burn ';ntle?'s breach.
.;;NTRACT NOT RECORDABLE. PERSONS 80Ufa0 AND NOTICE: Neither thin Contract nor cry nptice thereof shell bt rrtcordeo in a-•. RuWir. recgrdt.
s Contract Ysall bind and inure to the benefit of tM parties Mrsto and tMir wceessors in interest. Ylhenavar r•e Conte. r pe•m~ts. tinguU• s?.Nt .n:.:•de ulurat and
• gentler shall rncfuda all. Notice given by o. to tM attorney for aithar party s?atlt tat as affecci•.e as it given by ur to said ,,arty.
++ORATIONS AND INSURANCE: Taxes, assessments, rent, Inbrest, insurance and other eRpenses and re.enua of saiu p•ouerty shau hr vroratrw ws of dart
.using BuyN tYsNl Mre Ih1 Option p1 rM irag Over any axe{flog pO1fdN of inwrand Oo the p•opN ty, if ¦ss~•mabla, r•• ••,h,cn event prt•~ .vmc Nu11 be prtlgtNl.
cash tt closing aAall tae increased Or decreased es rney tea regWrtd by eaiJ prorateOnt. All reterencas in Contact to prorabons at of date o) dosing well be
..q 'date of occupancy' ii Ocaupency oa.curs prior to Closing, unleff OlMrwrse providM fur her e•n.
ti}NVEYANCE: Seller shall convey title to tAe aforaNid reN property by statutory ,n.an unty deeJ s•,bjec? only to matte+s cOnUir.etl m Parayaph Vlt hMasof.
rsiraal property clsall, at tM requ_ast Ot Buyer, be conveyed by an absoluN bill of saes Wth •sa+ranty of retie, s•,b(ect ru w-:h !ions as .noy oe utherr.iN provided
i r '•ertin
ATNER AGREEMENTS Qr pre~~>~fymentt or rapreser.rar+ons shall bn berrting upon any ns ehe parr,ea Mreto vntess encrsrporatad In
i't+Mract NO mOJrl•aa!•on na this .141 t)hrrll At valid or bendrna upon the p~,rr.+a unlrlt in vn.f•n e... ,rri by the parties t0 ht Dound thereby,
g~331 P~~E1a30