HomeMy WebLinkAbout1108~uomoHti. n~ov~sa~,s
1. Bu~ ~A~ll kNp Ih~ R,MI Ptop~tr wbicA Mca-ros ~nr mo~p ~iv~u punuwt to thb Cantt~ct (tlr •.RBAL PROPSICtY"j tuUy lo~ue~d
a~atnsl An and otl~ cuudty ~nd ~ay otMr iniuance reuo~ably nquabd by Hold~ ~~d ahall tumish Nolda with a copy d ~urh ~~
lnsunu~cs polfry. T1N iMUnna sh~ll bs ip ~(orm. amount ~ad wM~t~n b~l insuras acoepta.'-I~ ~o Nold~r aad ~AaQ peovid~ Ih~1 ~uu~ pt~ooMdr•
p~y~bM tiMnundK rbdl b~ pay~bl~ b BuyK ~nd Noid~r u thsir intenst may ~ppNr. ~nd Ih~t ~o ad or d~uh b~r BuyK sha11 p~judlp
Holdsr'i ~i~ht to 11a ios~taao~ ptoc~ada. Hol~, u a cr~dito~ o( Buyer, b authaized to puncha~ aay ~uch in~ur~nc~ at BuyK'~ ~xp~rw It
BuyK tai4 to do ~o, whelhet or not includsd herein. ~nd Buyer agro~s to p~q FloldK tM coM d tlr iaunno~ WNtlwt with tb~ i~lw~rt
ther~on at ~ nte equal to ths nte char~ed on the o-iginal nole. It Holder deems i~ neussary, it may canosl ~nr iniuranc.~ oa aaW R~l Peop~t~
and lwre the uee~rned promtum paid t~ Notder. euye~ haroby dtreca sny inauror under thts Contr~ct to ay'~ny ot ~h~ paym~nb provld~d
Ior in th4 p~a~nph dinctly to ~ioidec a~ui l~teby ap{~oiots HoMa Attoraey•;n-Fact tor Buyer. to endwsa ~ny draft p~yabb by ~ay ituutot.
H~~lde~ sgeres to rpply tuch ne~ pro~~ais la tt~e {uy~n~nt of inst~limenls due or io become due undrr tAis Coatr~ct.
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2. A~y Note Riven in conntir.~iun N~th thi+i:~u~Fra~t +hel! Gr.•~i~1rn~..• ~~; an~i ~~ul pavmrnl u(. Ihe ~~LliKat~un p~Y~t~Ji~d hr.iein
3. Ruyet cotirnanls a+~d Na~ranl~ thal (a) fhP ll~~m~~ irr;pr.~:en~~~~~~ pn~~:d~r; iot ~n ihis aRrrrmrr~t an~ t~ei;ix pur. tia~e-d fuc wr h~ 9„s•rr ~b- u~itil
~I) pavmenls under t~~is L:onlr~ct havr lwen ma~ir, the N~~e~ HruE~rlv shal{ nut I~r ,uld. tro~~a(erYrci. rnwntbetr~l, ntx uzecl reRuln{v Dv one
oFher than Hu~~~r ~vu~out Fr~or ~~r,~:en :u~ur~~' ut Hul~i.~t. (~.j: he K~.~3 1'roycrtti sh+l: ~~nt Le ~,wd (or am ~~~t~~vlul pur~,.,s.u. cd~ there is or
if 10 ~ OO Ca1n~iHOf~ p~ f ~NJII IR CUOIttl~.11~~~1 ~+viF~ :hF v-Mr U~ (I~•• FtuYa:r~k In~juovr~nr~~ls i~~r~r~t~ t~CS~ ~itwc! other thar. it~al evidenued by Ihis
Gfntract. and (e) Bu.er shali oLta:n •{I ~:e~ces.~srt~ Ku~'ernmNnt rerm~ls au~f ;i~aii u~a~.~~ i~r bwt ~il t>,~penx u( maM~nx ~ hrc~:aa to his Keal
PI'a~tly te~quur.d by 6ati~ ~-t go~~riumii~ r~k~l~t~ur~ •
d Su~er s~~all be ~n deipult ~E (1B Lfcdt.llrf d~l) ubl~g~~wrs, d}[~ea:tHt'flt, .~df~Jttt) us u::c.~,~nt ~~~n;e~ned ~;: tli~s f.uu:rae t. c~r ~a- !1 tiuyer s!iali be in
default as ~o am~ other in~leble+dness ~iwed t~ 1lolder ~G; ~~awn cleatt, o! any P.~i~r:. ;~ ) i! an~ ~r~a:rr~al ti.arrent~• or ~tatriner~l rnade hetrin ~iY
Buyar is ~n~.xrecf or felce: ~d) the Real Praprrly i~ I~. ied e~;wn, se~zr.d M iud~c~al ~x fe•ga1 auihcui~y or 1i~le or pos~ess~un is transierre.i voluo-
larilv or ~m•ulunlenly lo a teceiver, ttuslRe. or 1o anuther by u{x~al~un ot iau: ~e- ~f Nuver shal~ ber.ume enso{veM or inake an assi~nmenl for
the bennfil uf croditors: (ij it 8~yet shail institute or i! therr ~hall be inst~wtrd against Buyet rny bankruptcy, ~naofveacy, retxRani=,ation.
ar.angement, or any other debl ad~ustment. 6anlruptcy, or liqwdatiun proceed~nRs; ~g! ~( the Etea1 Pro~ty sh~U be wbject to any condsm-
nation or fonYlosi~re proceedingx (h) u~n the loss, substantial damage. aestructwn, sale or unauthorized encumbtan~e of the Retl Pirope~t~:
or (i) if HoMer wherwix deems its sec:urily iMeresl, Ihe Real Property, or ~his Gx~Uac~, insecu-e or ths Real Pro~:erty in dan~er ot misuie
or co~fisc~Wion. ~
S. L~pon the oeturrence of ~ny event of defa~rll, the Hotdrr tnap declare all instsll~nents due ur to become due and any wher sums lawfully due
under Ihis s~reement ~m~nediele!y due and payable.
6. Contrutor shall not ba liable for delays or dam~ges c.au~d by s~r~kes, material or labor shorisges or other conditions 6evond conln~ttor's
control. Contrador assumes no respcinsib~lity tor serking any !fr.ense. pe.mit or aulhordzation to do the work, labqr and services provided
for herein.
7. Bupat and Holder agree that tbs requitem~at ot reasen~ble notioe wil! be mei i( any notice required W bs aiven undet thii aat+ssmeat at bq
tM laws ot tlee St~te ot Florids, is mailed to the other party at the add~ess atAted in lhis Cootr~d (or such ot6et ~ddtess destgoatsd by th~t
party in wrilins) at leest 10 days prior to ths taking ot any action.
9. Buver shall~a v all (ess and costs in onnneclion wilh the protecliun ut Fiulde.r's ~ien, includinR th~ ezpense of ali bxus, documentary ~amps
and other off~cial tees psysble by te~son o( Ihis Con~rad.
9. C~ntractor mav assign this Con!-ad. BuYer aRtces that aixeptantr b~ ass~qnee ot a~ a>signmanl ot Ihis Contrad shall nat impose 1tptN1
assiRnee any obl~Ration o( any (iabilify (or tht breach of Ihis Ca~nlra~~ In connection Iherewith. Buyer authoriuy Hol~ to rolease to ctedit
bureaus. ctedil interchanges and Wher gnolurs oi credil such in(or~na~~on relsting to th~.i ~rar~saction and Buyet's uedit woethinaa ss may
be determined pertinent by Holder. Buyer [uhher authori:~~s Huldrr to mail to Huyer uny u~dil urd, awpon twok or similar devi~ [or
purposes ot estadlishing the Buyer's ~dent~ly and credil.
10. The waiver by Hol~er ot any defauU undar ~his !'.oatrad shaU not c:onstitute a.Yaiver of any subsequeM defautt.
11. 7'his Contracf shali be co~strued in sa:ordanoe writh ihe laws o( ~he State u( Florieia and cunstlutes the euUre agrgement belween Contact~.
Holder snd Buyer and no oral modification hereof shall be tial~d. Any provisiun or paragraph of this Contrad found to be invalid un3et
appiicable law shall be invvlid only with rcspecl to the o(fending provision,
ASSIGNMEM' AND WARRAMY
Fot value received. receipt of which hereby is acknowledged, the undenigned hereby assigns to:
~ (name and eddress of suignee)
its successo~a aad assigns, hereina(Ier called "Holder", the abore agreemer-t and all right. title and interest in and to the Resl Propetty described:
all monies due and to bcts~me due. and all rights and remedies under said C~ntract wilh power ,n Nolder to assign the same, either in ils own
name or in Ihe name of the unJers~gned. tor Ihe Holder's exclusive benefit: a~id ta lake all such legat ot othet necesssry adion as undersigned
might -e~ve taken, save for this assignment. To iraducx the Holder tu puichase th~s G~ntrad. the undrrsigned warrants that (1) Buqet's C~edit
Sutement submitted herewilh is substantiaily true, {2) Buyer ~vas lebally wmpelent and aushurized to contract at 14~e tima of the execulion o[
said Contract: (3) Ihis' instrument aruse from the bona fide saie. deli~•ery and i~stallation by undersigoed of gc~ods, equipment.and labor which
became a part of lhe alteratiun and improvement of /he Real Pro{,erty: (4) the 9uyer had no nght to rescind ihe abovE described Conttact or if
such right existed thal due and proper nolice o( Ihe existence of such right was given and such right was nof exercised: (S) that the Contrtdot
has cor.ectly stated all disclosures requ~red under the C,onsumer Protectiun Act and has ca:rectly c~mpleted the above Cnntrsct, including tAe
computation of lhe finance charge an+~ the`annual percentage rate: (e) this instrument and all guanntees submitied in connection therewith ue
in all reapects iegally er.:orceable against each of the pu: ported signatones thereof. (9) idle to lhe reaily into or upon which the Home impcovo-
ments were inslalled will be vested in the 8uyer Iree and clear of all «tL~..haaics'. murterialmen's and oiher similar liens. iudgmenl liens and.
excepl as may be specifie:ally nutified by unders~gned to Fiolder ~n 1sri~inK or in Buyer's credit appli:.ation, all other liens or encumbnnces
whatsoever. (10) !hal the description ~~n Ihe morlgaqe a•h~ch Fas becn eie~ utee! pursuant Io this agreemenl, rn;rectly sets forth the destription of
the Real Pruperty u{xin +vhicfi the Home Improvements arc to be made. and (ip the ur~dersigned A~ the right to assign this instn.~ment and then-
by convey goaJ tiUe to it and to its {~en on said Iteal Property.
Further. the unJersigned hereby assign~to fiolder all ita inleres! in said instruments and any guarantees thereo! end%or any morigages. othet
collateral or addi~ional security which secures this (:on~ract and authonzes Halder ~o ~io er•erything necessa.y to collect and discharge the same.
Niith respect tu anv Kuarantees, murtgagrs. other coltateral or a{~dilional secunty. tne unJers~gned makes thuse ~arranties set out in paregraphs
~2~. ~3). (e-. 19~. (t0i. and ~lt) abo~e. ~ ~
Alf the te:ms o! any existinR written agr~rment iuetwcen the unders~gned and Fiolder aru made a part uf this assignment by reference and
undersi~ned understands that Nolder rel~es upon the atwvr warranties and upoo such agreements in purchasing this instrurr~nt.
(t is expressly arcroideel here~n that the cummencemrnt andlor proxecutir~n ot any legal proceeclinga againsl the Bupet shall nol rele.ase the
unAersiAned from ils oblig~tion hereunder and !be obliRations of any other agr~c~lent by and t,etween the ::ndersigned and Helder.
The Holder heteby ix aut6orized to co~rect anv and all erro~s in the Cc~ntract.
If any claim is aascrtod by Buyer against flolder base~i upon breach of any wuranty of Contract to Buyer u to t1u Home Improreme~ts or the
use of such imprcirrmrnts, ~htthet the wu»nty is expresscd or implied or arises by operation of ~w, then Contnctor sha~i, aport rcquestof Ho{det,
immc~utely repurchax thia Adteerteent fot an amount oqual to the unpaid prsncipa! balance. -
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Uated
~81 FEQ I 1 AM i~ OS
i9
~co~+~to~~
ftLEC R C FfWN~: 7 By.
S R QE PO TRASA~
CLERK CIRCU11 CC~ REASSIGNMEMf
, R~ .~? 1'r ~, ~:[ :~ a
f~ur La~ue tecen~d. i~ie ~v~t~.in Co ac and ihe pro4x:rtY Iherein J~~.~ r.t-., end ail righl. tiUe and interest of th~ undersigned are heteby sold.
es,sX~t•d :~r.d ~ransferred to --- _- ----- -- ---- --- - - -- - - - - -- - ---- -- -- ---- -- ----- -- ~ .
•u~{ .ts ~u~..r.~wn a.~d .,~a:Kna .:~~~e: tiu: p:...i„~c~:..:~~d :.,.•...~;an15 ui ,en:~.e-deafe; ~„ntrac.ts :i~ efxct f,et;tieer, ;!:e undcrsiKr,ed a::eS'{~:de:.
1)ated _ 19_~__
~~. o.,~„~.~~ ~.~,~.a._ ~~ .--.
r'~. o. Box ~~L~9 e,..
~~--~.~ c..~c..-,rt~. c~Q.' 33 y~(i;P '
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