HomeMy WebLinkAbout0985 CONTRACT FOR SALE AIdQ PURCNASE EXHIBIT A
PARTIES: ,_,.1;~St~L~ of Qlae? Pris~~raan • _ ~~sN~«••.
01 ~ ' I~hoM 1.
~nd . ~s Quy~",
o, 2~1 N~O~sAn Drive~ Fert PierQe, Fl. ~ ~9 nno~.
h~r~Gy p?N Mat tM SNI~r ~halt sNl and 6uyM M~11 Duy tM followin0 Drop~rty upon th~ followino tormt ~nd condltion~ WNICN iNCIUD t~nd • fw
R~~1 Eu~t~ Tr~nfactia~s on M~ rwuw h~rwf w~tt~e~W ~~nto, hK~fn~ftN nfNr~d to M"StvW~rd(a". +
1. OESCRIITION:
Saint Luaie
(~l lpal drscriPt{on ot r~sl ~stat~ 1"ProP~?tY") locaad In County. Florid~:
JeF. Wootens S/D in the 9 1/2 of Sea 1, Tti+p 363, Rge 40E, that part of Lot 2A and
TY:e North 25 ft or Lot 2B, lesa R/W oP F.E.C. Railroad & Indian River Drive, to-
gether With all improvements theraon. (ID# 3l~01..701~0005••0007 - Approx 12.58 Acre:
and 250 feet oP road ~nd water frontage.)
Stn~t ~ddr~ss, if ~ny, of the Propaty b~ir?p conv~yW is 60Q~ ~oLth Indian River DI~i V9 .
p.~a~=~o•op«~~+~~~d.a:pny por~onal items lePt With property, iP any, shall be
includad in an "As Is'~ condition• ~
ii PURCNASE PRICE : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .S ~ ZO91~O0~00
PAVMENT: v t,
1~I Dsposit/t) to b~ hald in pcrow by ~y.Qy~ Ci ~
M121'~17i1Q ITI,~ • R9 Zt01~ loo 00
in th~ smount of . . . . .s
(b1 Suq~ct to ANO uwmption of Morty~p~ In f~vor of
C~uinq int~rt~t ~t % pN ~nnum ~nd p~yabl~ M t0 Princip~l ~nd
int~r~s[ = p~r montA, havin0 ~n approxim~a prtf~nt princip~l bal~nc~ of
(c) PurchaM mon~y mortp~y~ ~nd nob bqrin~ Int~apt ~t % on t~~m~ Nt forM h~t~in b~low, In tM
princip~l ~mount of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .s
~~ral
ca? otn.. Aaa{ - aagoSit unon a~ce~f:An~A nf eontra~t s DII.~L1II
B~I~nc~ to e1oN, (U.S- eph, c~rtifi~d or eal+br's ehsek) subj~ct to sd~ustm~np ~nd pror~tbns .........s ~!'n~~~0
TOTAI . . . . ~ O~I~ ri~~~OQ~_
i1i. FINANCIPIG: If th~ pu?ch~st prie~ or any part M~rwf Is to b~ fin~ncW by ~ third psrty loan, this Contract for SN~ snd Purchasa, ('"Contrxt"/. is con
ditioned upon th~ Buyer obtaininp s firm commitmant for wid lo~n within n~a daVS irom dat~ lur~o4, ~t ~r, interes[ rata not to e~cee.~
t~rm of y~ars; snd in th~ principN amount of s . 8uys~ ~prNt to mdc~ ~pplic~tion for, ~~d to uf~ ?t~son~bt~ dili
yancr tn oat~in taid losn. Should 8uy~r f~il to oDt~in tam~ or to w~fv~ BuyN's ripht~ h~rwnder within faid tem~, ~ith~~ pa~ty msy tsnc~l Cont~Kt.
I V. 71T1E E V I~ENCE : Witnin ~aLIBs.W~- dayt from dK~ of Contract, Saller shall, ac his ~xp~~s~, d~iiv~r to BuyK or Ais attornav. in accortl~nc~ with
Standard A., aither (CHEClC) ~11) or~ (2/: (1) abstrsct, or 12~ titla inwrsnts commitm~nt with f~e ownor's titl~ policY Dr~mfum ~o bo paid by Sellor ut closinp.
V. TIME FOR ACCEPTANCE AND EFFECTtVE OATE: If thlf otf~r is not ~x~cut~d Dy both of th~ D~~ti~s h~nto on or b~for~ ~p.L~i?
che aforesaid depoHtfs) shall b~, at ths option oi Buy~r, r~turnsd to him and this otts~ shall ther~~tter ~e null and void- T1+~dsts of Co~titract ("Ettect~ve Date")
shal! be the dats w~sn the I~st one of th~ Sell~r and 8uy~r Aas sipnW this offer.
V 1. IOSING DATE: Thit transaction tMSll b~ etos~d ~nd th~ dNd ~nd oM~~ elosinp psps~~ dNiv~r~d on th~ 15th day of M~y .
ta unlsq ~xtMd~d Dy oMa~ provitionf of Contr~ct. '~'$AA BpAC~81 CZ~U998 b9~.OW~
vil. RESTRICTIONS, EASEMENTS, IIMITATIONS: Th~ Buytr Y~NI tak~ title subj~ct to: 2oninp; rptriction~, prohibitiO~s ~nd oth~r r~quir~mMts impotW by
pav~rnme~tel ~uMority: R~ttrictlons ~nd m~tten spps~ri~p on th~ pl~t or OtA~rwisa common to th~ subdivlsion; Publtc utility ~asementt of r~co~d. (providd ~si0
essementa ar~ Ioeated contipuout throuphout th~ Drop~rty lin~s and ~r~ not mor~ th~n 10 fNS in width ~s t0 th~ rt~r or front lir?~s ~nd 7Y, f~et in widsh as to th~
sid• IinM. unl~st oth~rwiw fp~tifi~d h~r~Inl: T~xM for y~~r ot clMfnp •nA WbNqu~nt y~~rs. assum~d mortppN ~nd pureh~s~ monay mortp~pts. i1 ~nY:
Oth~i: • • .
provided, howsvw, ihat non~ of the for~goitq sh~ll prtwnt ut~ ot th~ Proparty for ths putpose of Si nvl s+? FArr~i 7 v .
V I I t. OCCUPANCY : Seil~r rsprssents thst Mere are no p~rtiss in oceupancy othsr than Saller, but if PropKty is Inand~d to M~~nted or occ~~pisd bayond closing.
che fact and terms thereot iha~1 bs ststsd htrain, snd th~ tsn~ntls) fhall b~ dlulosed pursuant co St~~d~rd G. SNlar agrNS to 6etiver occupancy of ProDe~ty at
cime of closlny unless othsrwisa speciFiad below. If occup~ncy is to be dolivared prior to closinq, Buyer ~ssumet all risk of lou to Propsrty Irom date of occu-
pancy, shall ba responsibl~ snd ifab~e for maintenancs therwf from said dat~, ~nd shall be deamed to h~v~ ~ccsptsd ths PropsttY, resl a~d prrwnst, in its ~xistinq
condition as of tim~ af taking xcupsncy unless othsrwiss notod irt wrltinq.
tX. ASSIGNABILITV: (CHECK ONE) Buy~r [~n~y ~ssipn O may not assipn, Conv~tt.
X. TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Typtwritt~n o? handwritt~n provisions Ins~rt~d hsr~in o? ~tttehed h~r~to ss Addend• sliatl cont?ol
~!i print~d provisions in eonflict thsnwith.
Y!. INSULATION RI OER: If Cont~act is used for M~ sal~ of ~ new rssid~nc~, tt~~ Inwlation Ride? shall b~ ~ttsched hereto snd msde a part hereoi.
~ XI1. SPECIAICLAUSES:,~lO.9~I1g aQtie aub~ect to receipt oS Federal taa clearance on Form
~ 7~6 Piled ~ith Int~rnal Revenua 3ervice. Ability to eaecute binding contract for
Sale and Purchase together with deed and cloaing document expressly sub~ect to
` Court Order and approval oP Sale or waiver from estate beneficiaries.
~
THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT.
IF NOT FULLY UNDERSTOOD, SEEK THE AOVICE OF AN ATTORNEY PRIOR TO SiGNING.
THIS FORM HAS BEEN APPROVED BY THE FLORIDA ASSOCIATION OF REALTORS AND THE FLORlDA BAR
Copyriyht 1981 by Th~ Florida Bar and the Florida Auocistion of REALT RS
- - - - - - - - - - - - - - - - I
o / ~ 3~ I
t Ex~cutW by Buysr on ,
s
~ WtTNE S: (Tv~p r mme~d~d bu NO requir~d
I ~ ~ ~ ISEAL)
.
~ IBuy~ri
~ (SEAl)
~ ~
~ Es~cut~d by SNIu on~
~ ,yiTNESS :(Two rx mertded but NO rputrW) ~
f / / • - ~.Q~ ~ ! SEALI ~
i
~ (S 1 ? ~
~ • ~ ~ (SEAL)
f j
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S (5~~~~f~ ~i
~ OQpofi und~r II 1 r •~d; ft ch~ck, wbj~et ta?~nc~. s,
sv:
~ ( E row Ay~nt) ~ i
~ 9ROKERAGE FEE: SNI~r og~~es to p th~ rpl W rWl estat Brokar m beldw, ~t tim,~Q t lo~ ng, rom th~ diWurfem~nts ot chs proceedsof sile,co~i
Peniatton ln the smount o( % of qrofs Ourchas~ prlc~ or s , ~or hls urv{c~f In ~ft~cting the ule by tirtdi~q a Buyer, ready.
s;il~iny and abl~ to purchss~ purfus~t t0 th~ forpoH?q Contr~et. In tA~ w~nt BuY f~i~s to pNform ~?d d~posltlf) is r~t~lned, 50% thereof, but not tKC~ediny th~:
5 Broke s f~s abow eomput~d, shall bs psld to eh~ BrokM, as lult eoMldsr~tlon for Broku's qrvle~s ineludiny eostt ~xpMd~d by BrokN, ~nd tl+e balanu shall be
pa1 t Soli~r. It th~ tranfacdon shall nOt b~ clos~d b ~u~ of nfuwl o~ fallun of Ssll~r to p~rfo~m, tM SNI~r sh~ll p~y wId fs~ 1~ full to Broksr ort demand.
~ Ci ~ ~ (SEALI - (SEALI
j IN~ of Brok~r) n~ ~Il~t)
? ~ 60QK 62 PAG~ ?,c~
(SEAL?
~
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s fiEV.:3! 1 ~ v~~: . (S~!i ~
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