HomeMy WebLinkAbout0991 w C, Cc.1~t.~t~i..~ OJ 7~. I ~
, j ~
~ o ~ o ~[S i~ ~ ~ p~ ~ A8 :d5
p~,~ .~~~.s-v GUARAN~'EE
~FILEa ~k~~ 't~ • ~ ~
1. EVERY HOMESITE IS A MINIMUM 0~ 10,000 SQUARE FEETO UG~AS
S~. LUC1~ C~~J,~+ ; ~
,
2. A DETAILEO MAP W~LI. BE PROVIDED TQ YOU SNOWING~ THE EXACt `
LOCATION OF YOUR HOMESITE. ~
4
3. A PROPERLY EXECUTED WARRANTY OEED WILL 8E ISSUED UPON COMPLE- ~
TION OF PAYM~NTS.
4. PREPAYMENT MAY BE MADE AT ANY TIME WITHOUT PENALTY. ~
~
YUUk IN1E~E51. KNlE ~aNNt~l~ ~~t -YNC~EASEU '~OK FIY~~~Y~~t~CS. ` ~
6. EVERY HOMESITE HAS PAYED ROADS ADJACENT TO THE PROPERTY.
CONDITIONS OF PURCHASE ~
:
1. BASIC AGREEMENT - Seller agrees to sell to the Purchaser(s) named on the face page the resi- _
dentiel propsrty describsd in this R+rchase llp~eowent. This llpree~ent also stat~s tha price a~d 4
desc~ibes the other ter~s of this purchase. Purchaser a~rees -to buy this p~operty frao Seller
and to ~eke StandaM Ibnthly Pey~snts in the asount shown on tho fece ot this 11p~easent on or ~
before ths tsnth day of eech iwnth. Ths unpaid bnlance at eny ti~ xill bear interest et the y
;
rete specitied on the front of thia Apree~ant tlu~nuoi ~rr,entage Itate).
2. NAEiRiWTY OEE~ - Seller rill delivsr to you at hi~ expsnse a properly e~cecuted Marrenty Deed i
rhen Ptirchaser has fully peid for this property.• _
The Marranty Deed will oonvey good, ~erketable and insureble title to Pucchaser. free and ~
c2ear of all encu~brences except for the fallarin~: ta) the lien for tezes for the year in vhich
Seller conveys the property; (b) oil. gas and winerel reservations of reoord. it any; (c) zonir~g :
;
aod reyulatory ordinanoes. restrictions and eese~ents of record; td) restrictions and lioitations ~
~ affectirp the use of the property which are oow~on to tha subdivisfon and rhich nov or hereafter ~
¦ay bew~a of public record; and te) easseents for droina~e. cenal weintenancs and public utilities. ~
Title and possession of this prope[tv will be rett~ined by Selle~ ~until the .p~rchase price
is paid in full end Seller has delivered the Marronty Deed. . ~
Should FLrchasar desire titls insurance. it will be his obli~ation to obtain and pey for saiee. ~
3. RIt~iT TO PREPAY - Purchaser has ths ~ight to prepay the outstanding balance under this a~rea- _
:
•ent in whole et any tiaie without penalty. ~
~
4. TAXES - All taxes. special assessrients end required ~eintenance will be pei~ by Seller and ~
becooe due and peyable by the Purchaser the ~onth folloring notitication by Seller.
~R'.
5. LATE PAYFEtli' - Ibnthly pnyasrits received by Seller twenty days afte~ due date rill be subject
to a 55.00 tate charge. Returnsd checks vill be subJect to a i10.00 charge. ;
~
6. NO PER'SONAL LIABILI71f ON DEFAULT - Purchaser has no personal liability to onke eny payaient f
under this 119ree~aent. Fbwever~ if there is failure to ueke any pay~ent• including taxes, special ~
asssssosint. arM rsquired ~eintenance. Pu~chaser vill be in default and Sslter ~ey ter~fnate thfs •
!?greewent. Bsfore any such ter~inatia~ bsco~es effective. P1,rchaser vill have a grace period
wihtin which to brinfl his account to a current status. This grece period shall be tor a period
' of sixty days. If Purchaser's acoount !s trrought to a cu~ront status by peying all past due prin- ~
I~ cipal and interest rithin the appliceble prace pe~iod. Pu~chaser will no longer be oonsidered
in default. If ihe eccount is not brought to o current status. rithi~ the applicable Qrace period. ~
Seller my teroinate this Agree~ent vithout further notice. ~
z
. 3
a
7. TERMIWITION - If Seller tsr~inetes this Ilgree~ent. he vilt retain aIt ~onies paid under this ~
Agree~ent. including princlpel and interest~ as Iiquidateci desages because this property wbs taken i
off the resl estete varket. other prospective Pu~chasers vere turned avay. end selling and adsini-
strative expenses in oonnection rith this property ~rere or rill be incurrecl. Upon ter~ination~ " ~
any end all rights PUrchassr ~ay have had in thfs property sMll iwediately teneinate and Seller ~
mny return this property tq his inventory and resell it free and clea~ of any clai~s~ liens or ~
encwebrences erising out of this Agree~ent. ~
If ihis Agres~ent is teninated. the Seller's reoorded affidavit attesting to Purchaser's
detault and tt~a ter~i~atio~. sball be proot of such defeult and tereination fo~ all purposes.
i `i.
and the Purchaser irrevocably authorizes the Seller to thus attest and record such affidavit as
thouflh it were the Purchase~'s ovm act and deed.
~
8. ASSIGf~ENT OF THIS 11GREEi~NT - Plirchaser ~ey assign this /1gr~nent vith Seller's rritten con-
s~nt•upon pay*ent of a transfer fee of =100.00.
9. ~~CES - Pbtices un~ier this Agreeeent au st be in writing and addressed to the last knovn
• address of tlw raspective party. . -
10. FIORIQA 00!liRACT - The perties agree thet this Agree~ent shall be canstrued and inte~preted
in eccordance wlth the lews of the State of Floride.
aooK~2 P~cE
_ . . - -
. . . . . _ . _ .~..._...._._...Y,._..._.<.__~Ww_•--_......_„_r..__~._
l++i?.r. . ~.~-_s . ' _ . '
J~G~_=!L~~~'~