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HomeMy WebLinkAbout0916 1 CONTRACT FOR SALE AND PURCHASE ~ j . : ~ 3: ~ . v~_c::c7~ ;1t~Lti? l;2oui:~ ~.a Peroonul 1te~~re~enL:.~tive ax tlte FsLutc~ PARTIES:~jj~,jl ' - . i"Seller"1. t c t 8i~rco, Floti.e~a 3A9r~C~ (Phonee~~~g^r0 ~ and I.C:y;--~j.S-_1J1.i.~------- 1"Buyer"). ~f rjQ IPhane dG6-~[iQ11 hereby agree that the Se~ler shall sell and Buyer shell twy the tollowiny property ("Properly") upon the follawing terms and conditions which INCLUDE the Standards For Real Estate Transactions set forth on the reverse side hereof or attached hereto 1"Standardlsl"1. I OESCRIPTION (a1 Legal description of Property located ~n s~. - ~,uCif' - - - - -__----County, Flonda -l~h~ wcsaL ba. ~s i~:~:t a~ ~h~ L~~t a~~ ~«t os: Lot g, t~tarc~villa Gr~rd~ns, Unit One, as pc3r Plat therco~ on iile in Pltit. Boak G, Page 55, Public Recoxdt~ c.~f ~t. I.uci~ Cuunty, ~'Ioridu. (b) Street address, if any, of the Property being conveyed is i 1 e ~rircir•n S•:~__ AvF•n f F[]r'~ l~~ !a L'['~c•'_~]. AY 1~ ~ ~i 1 fc) Perso~al pro~~erty ("Personalty"1 included: ~~7ashesr & Dryer It. PURCHASE PRICE= . . . . . . . . . . . . . . . S__ d6 i ~Q(1 _ Il/1 PAYh1EMT: la) Depositlsl to be held ~n escrow by_jj~~j~~r_~ji~j~y- T , in the arnount ot . . . . . . . . . . . . . 5 _ ~ ~Q~ _ Ib) Sub~ect to AND assumption of Mortgage in tavor o( _ _ havlny an approximate present principat balance of . . . . . . . . - . . $ (c) Purchase money mortgage and nete bearing interest at on terms set torth herefn txtow, in the principal am~unt o! . . - - . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . S , id) Other - . ~ y ~ ~-~~r~4 - $ • / f` - -------y. (el Balancetoclose,lU.S.cash,LOCAI.LYDRA4YNcertif~edorcashier'schecklsubjecttoadjustmentsandprorations . . .S ~ Ilf. TIME FOR ACCEPTANCF: EFFECTIVE DATE: It th~s offer is ~ot executed by atl part~es, and the FACT OF EXECUTION communicated in writing or iefegraphicallV between the parties on or betore the aforesa~d depos~t(sl shatl be, at ootion of Buyer, retumed to Buyer and the offer withdrawn and null and void. The date of Contract ("Effect~ve Date"1 shall be the date when the last one of $¢fler and Buyer hass~gned this offer. IV. FINANCING= ia) If ihe purchase pri~e or any part thereot is to be financed hy a third parfy toan, this Contract for $ate and Purchase ("Co~tract") is conditioned upon the Buyer obtainin~ a ti~m comm,tment (or said loan rvrthin N jp days from Effectrve Dare, at an ~nterest rate not to exceed term of t~/A years; and in the p~incipal amount of S_ NI~ . Buyer will make appiication withm N/A days from E((ective Oate, and use reasonable di[igence to obtam said loan. Should Buyer fail to obtain same or to wa~ve Buyer's nghts hereunder withm sa~d time, either party may cancel Contrect. (b) The existing mortgage described ~n Paragraph I l(b) above has (CHECK (1) or 1211: (1) Oa variable interest rate OR 121 Oa fixed interest rate of N/A % per annum. At time of title transfer some f~xed interest rates are sub~ect to increase. If in~reased, the rate shall not exceed N A b per annum. Selter shall, within Ii/Aeays from Effect~ve Date, fur~~sh a statement (ro~n all mortgagees stat~ng princ~pat balances, method of payrnent, interest rate and stacus of mortga9es. !f Buyer has agreed to assume a mortgage whlch reyu~res approval of 6uyer by the mortgagee for assumption, then Seller ihall prompt~y ohtain a:id delrver to Buyer all requued apphcations and Buyer shall diligently complete and return same to the mortgagee. Any mortgagee charge not to exceed S~i~A sh31i be paid 1 i2 hy Selter and 1~2 by Buyer. If the Buyer is not accepied by mor[gagez or the requirements tor assumption are not in accorda'nce wrth the terms of the Contract or mortgagee makes a charge in excess oi the stated amount, $eller or Buyer may rescind this Contract by prompt wr~tten notice to the other party unless either party elects to pay any increase in interest rate or excess mortgage charge, The amrwnt ot any escrow deposits held by mortga9ee shall be cred~ted to Selfer ai cfos~ng. ~ V. TITIE EVIDENCE- Within~_days from Effect+ve Date, Seiler shatl, at Seller's expense, deliver to Buyer or Buyer's attorney, in accordance with S~a~dard A, (CHECK Ii 1 or !2)?: I1 ! O abstract of title dR ~2) ~{[~tle insurance commitment ~v~th fee o~vner's title policy prem~um to be paid by Seller at closing. V 1. CLOSING QATE This transaction shall be ciosed and [he deed and other dos+n a1 fore extended by other prov~sions of the Contract. 9 Papers det~vered or~the 1 day of A~z ~ 1, 19 ~ y~ , unless VII. RESTRICTIONS; EASEh1ENTS; Uh11TAT10NS The Buyer shafl take t~t~e subject to: zomng, restrictions, prohibitions and other requirements imposed by govemmental authonty; restr~ctions and matters appear~ng on the plat or otherwise common to the subdrvision; public utility easements of record (easaments are to be located contiguous to the Property lines and are not more than 10 feet ~n w~dth as to the rear o! front lines and 7;4 feet ~n width as to the s~de lines, unless otherw~se specifled hereml; taxes for year of ctosing and subsequent years. assumed mort9ages and purchase money mortgages, ~f any; other: _ n~n4 - pro~ided, hOwever, that there - - - _ - - - - - - - - I ez~sts at clos~ng no violatron o1 the forego+ng and same does not prevent use of the Property for rgaiC~flrlLj.Z! 1_____ purposelsl. ! VIII.OCCUPANCY: Seller represents that there are no part~es ~n occupancy other than $eller, but if Property is intended to be re~ted or oczupied beyond closing, I the fact and terms thereoi shaN be stated herein, and the tenantlsl shall be disclosed purs~a~t to Standard F. Se11er agrees ~o deliver occupancy of Property at time ~ ot closing unless otherwise stated herein. If occupancy is to be delivered prior to cloting, Buyer assumes alI risk of toss to Property and Personalty from date oT occupancy, shall be responsible and liable for ma~ntenance thereof from sa~d dafe, and shal! be deemed to have accepted the Property and Personalty in their existing cond~tion as of time of taking occunancy unless otherw+se stated here~n or ~n separate wnting. . _ ~ . ~ . . . - ~ . a. IX. ASSIGNABILITY: (CHECK (l i or (211= Buyer (11 C] may assiqn OR f2t Q~l.YFray not ass~9n, Contract. ~~~x ~U PaCE V~~ X. TYPFWRITTEiV OR HANDWRIT7EN PROVISlONS: Typewritten or handwntten provisions inserted herein or attached hereto as addenda shall controt all printed prqvisions of Contract in ConfllCt therewith. X1. INSULATION RIDER: It Contract is utilized for the sale of a new residence, the Insulation Rider shall be attached hereto a~d made part hereof. ~ . XI1. SPECIAL C~AUSES: lutilize space belowl _ ~ " ` '