Resolution 2025-33691 RESOLUTION NO. 2025-33691
A RESOLUTION OF THE MAYOR AND CITY COMMISSION ACCEPTING THE
RECOMMENDATION OF THE LAND USE AND SUSTAINABILITY COMMITTEE
AT ITS APRIL 15, 2025 MEETING (1) TO DIRECT THE ADMINISTRATION TO
IDENTIFY, AS PART OF THE FY 2026 BUDGET PROCESS, LEGALLY
AVAILABLE FUNDING SOURCES, INCLUDING BUT NOT LIMITED TO THE
GENERAL FUND, TO ENABLE THE CITY TO ACQUIRE THE PROPERTY
LOCATED AT 7605 COLLINS AVENUE (PROPERTY) FOR $6.53 MILLION
FROM THE CITY'S BUILDING FUND, WHICH ORIGINALLY ACQUIRED THE
PROPERTY, TO CREATE A MARINE SCIENCE EDUCATION CENTER AND
MUSEUM AT THE PROPERTY INSTEAD OF A SATELLITE BUILDING
DEPARTMENT OFFICE AS ORIGINALLY CONTEMPLATED AT THE TIME OF
PURCHASE AND (2) TO DIRECT THE ADMINISTRATION TO SEEK A
UNIVERSITY PARTNER TO FUND THE RENOVATION AND OPERATION OF
THE FACILITY.
WHEREAS, at the October 18, 2023, City Commission meeting, the Mayor and City
Commission considered the viability of purchasing the property located at 7605 Collins Avenue
(the "Property") and directed the Administration: i) to meet with the owner of the Property to
explore the opportunity to purchase the Property at its true fair market value; ii) to obtain two
additional appraisals for the Property; iii) to explore a purchase of the Property with a purchase
price not to exceed $10 million; and iv)to report back to the City Commission; and
WHEREAS, at the January 31, 2024 meeting of the City Commission, the Administration
presented item R9 Y to the Mayor and City Commission relating to the City's potential purchase
of the Property and the Administration presented three(3)valuation studies commissioned by the
City ($4.2 million; $2.1 million; and 3.75 million) as well as a fourth appraisal provided by the
Property owners (value of$7.25 million); and
WHEREAS, following deliberations on the item, the Mayor and City Commission voted in
favor of purchasing the Property at $6.5 million price, with direction to the Administration and the
Office of the City Attorney to negotiate a purchase and sale agreement and a referral to the
Finance and Economic Resiliency Committee(the"FERC"or the"Committee")to discuss funding
for the purchase; and
WHEREAS, at the February 23, 2024meeting of the FERC, the Administration presented
various potential funding sources including PayGo Capital Fund, Building Department Fund,
Parking Fund and General Fund Reserves; and
WHEREAS,the Committee recommended utilizing reserves from the Building Department
Fund to acquire the Property with the understanding that the Property's main purpose would be
for Building Department activities, but allowing for the possibility that other departments could
utilize portions of the building for ancillary purposes, with the costs covered by fair market rental
payments to the Building Fund; and
WHEREAS, Resolution No. 2024-32945 was adopted at the March 13, 2024 meeting of
the Mayor and City Commission approving the purchase of the property located at 7605 Collins
Avenue and legally described as Lot 6, Block 10, Altos del Mar No. 1, Plat Book 31, Page 40 of
the public records in and for Miami- Dade County ( Purchase) at a total transaction cost not to
exceed $6,530,000; and
WHEREAS, the purchase was funded by the City's Building Fund for the purpose of
creating a North Beach Permitting Center with possible associated City services such as
cashiering for parking and utility bills, and Code Compliance and/or Parking staffing; and
WHEREAS, the City Commission desires to accept the recommendation of the Land Use
and Sustainability Committee to direct the Administration to identify, as part of the FY 2026 budget
process, legally available funding sources to enable the City to acquire the property located at
7605 Collins Avenue from the Building Fund so that the property can be utilized to create a Marine
Science Education Center and Museum in collaboration with an appropriate university partner.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City
Commission approve the recommendation of the Land Use and Sustainability Committee at its
April 15, 2025 meeting (1) to direct the Administration to identify, as part of the FY 2026 Budget
Process, legally available funding sources, including but not limited to the General Fund,to enable
the City to acquire the property located at 7605 Collins Avenue (the "Property')for$6.53 million
from the Building Fund, which originally acquired the property, to create a Marine Science
Education Center and Museum at the Property instead of a satellite building department office as
was originally contemplated at the time of purchase and (2)to direct the Administration to seek a
university partner to fund the renovation and operation of the facility.
PASSED AND ADOPTED this if day of May 2025.
ATTEST:
Steven Meiner, Mayor
MAY 2 7 2025
Rafael . Granado, City Clerk
.."i sEyc,,
ir . j f
1 tIN(oli OUTED2 ! APPROVED AS TO
Sponsored by Commissioner David Suarez -
. ' FORM &LANGUAGE
h,RHZg,^� &FOR EXECUTION
Co-Sponsored by Commissioner Alex J.Fernandez
fJ,7lzoZs
Co-Sponsored by Commissioner Laura Dominguez City Aorney Date
2
Resolutions - R7 N
MIAMI BEACH
COMMISSION MEMORANDUM
TO: Honorable Mayor and Members of the City Commission
FROM: Eric Carpenter, City Manager
DATE: May 21, 2025
TITLE: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE LAND
USE AND SUSTAINABILITY COMMITTEE AT ITS APRIL 15, 2025 MEETING (1)
TO DIRECT THE ADMINISTRATION TO IDENTIFY, AS PART OF THE FY 2026
BUDGET PROCESS, LEGALLY AVAILABLE FUNDING SOURCES, INCLUDING
BUT NOT LIMITED TO THE GENERAL FUND, TO ENABLE THE CITY TO
ACQUIRE THE PROPERTY LOCATED AT 7605 COLLINS AVENUE (PROPERTY)
FOR $6.53 MILLION FROM THE CITY'S BUILDING FUND, WHICH ORIGINALLY
ACQUIRED THE PROPERTY, TO CREATE A MARINE SCIENCE EDUCATION
CENTER AND MUSEUM AT THE PROPERTY INSTEAD OF A SATELLITE
BUILDING DEPARTMENT OFFICE AS ORIGINALLY CONTEMPLATED AT THE
TIME OF PURCHASE AND (2) TO DIRECT THE ADMINISTRATION TO SEEK A
UNIVERSITY PARTNER TO FUND THE RENOVATION AND OPERATION OF THE
FACILITY.
RECOMMENDATION
The City Administration recommends that the City Commission discuss the resolution.
The Administration recommends that while the City Commission evaluates the conversion of 7605
Collins Avenue into a Marine Science Education Center and it also carefully considers several
critical factors that will significantly impact the General Fund budget, beginning in FY 2026:
1. The City's increasing unfunded capital improvement program
2. Long-term General Fund financial projections indicating a potential shortfall in upcoming fiscal
years
3. The passage of Amendment 5 in November 2024, which increases the homestead exemption
and further constrains the growth of taxable property values
These considerations are essential to ensure that decisions regarding conversion of 7605 Collins
Avenue into a Marine Science Education Center and Museum align with the City's broader long-
term financial stability and strategic priorities. If the City Commission approves funding a
conversion of 7605 Collins Avenue into a Marine Science Education Center and Museum, the
Administration recommends it be considered as part of the FY 2026 budget process.
BACKGROUND/HISTORY
The property located at 7605 Collins Avenue (the Property)was a privately-owned, single-family
residence of Rudy and Elizabeth Perez (Property owners). The Properly is nestled in Altos del
Mar Park to the north, bounded by a RM-1 zoning district to the west, the North Shore Library to
the south, and Collins Avenue to the east. At the October 18, 2023, City Commission meeting,
the Mayor and City Commission considered the viability of purchasing the Property and directed
the Administration: i)to meet with the property owner and explore the opportunity to purchase the
property at its true fair market value; ii) to obtain two additional appraisals for the property; iii) to
1981 of 2719
explore a purchase of the property with a purchase price not to exceed $10 million; and iv) to
report back to the City Commission.
At the January 31, 2024 meeting of the City Commission, the Administration presented item R9
Y to the Mayor and City Commission relating to the City's potential purchase of the subject site.
The Administration presented three (3)valuation studies commissioned by the City ($4.2 million;
$2.1 million; and $3.75 million) and a fourth appraisal provided by the Property owners (value of
$7.25 million).
Following deliberations on the item, the Mayor and City Commission voted in favor of purchasing
the Property at $6.5 million price, with direction to the Administration and the Office of the City
Attorney to negotiate a purchase and sale agreement and a referral to the Finance and Economic
Resiliency Committee (FERC)to discuss funding for the purchase.
On February 23, 2024, the Finance and Economic Resiliency Committee discussed the City's
acquisition of Property.The Administration presented various potential funding sources including,
PayGo Capital Fund, Building Department Fund, Parking Fund and General Fund Reserves.
The Committee recommended utilizing reserves from the Building Department Fund to acquire
the Property.While the Property's main purpose would be for Building Department activities, other
departments could utilize portions of the building for ancillary purposes, with the costs covered by
rental payments.
This acquisition was an unbudgeted expenditure not part of the City's FY 2024-2028 Capital
Improvement Plan nor the FY 2024 Operating Budget. In considering the purchase of the subject
site and allocation of funding, the City considered all other expenses associated with this real
estate acquisition, including title insurance, survey(s),inspections, recording and other customary
closing costs. The total cost associated with this purchase was approximately $6,530,000,
inclusive of costs of title insurance, survey(s), inspections, recording and other customary closing
costs.
At the March 13, 2024 meeting of the City Commission Resolution 2024-32945 was approved in
which the Mayor and City Commission approve the purchase of the property located at 7605
Collins Avenue and legally described as Lot 6, Block 10, Altos del Mar No. 1, Plat Book 31, Page
40 of the public records in and for Miami- Dade County (Purchase)at a total transaction cost not
to exceed $6,530,000. This purchase was funded by the City's Building Fund for the purpose of
creating a North Beach Permitting Center with possible associated City services such as
cashiering for parking and utility bills, and Code Compliance and/or Parking staffing.
As part of the FY 2025 Capital Budget, the Commission appropriated $1.0 million in Building
department funds to initiate the renovation process including known structural repairs. Additional
funding to complete the structural repairs and renovation may be needed when the planning and
design phase are completed. The Building Department has been ready to engage an architect for
approximately six months but has been on hold pending various Commission referrals to continue
to discuss the property.
At the April 15, 2025 Land Use and Sustainability Committee("LUSC"), the Committee discussed
the use of the facility as a Marine Science Education Center and Museum including the funding
necessary to acquire it from the City's Building Fund. The Committee recommended the
Commission consider funding the $6.53 million acquisition by the City utilizing any legally
available funding source including but not limited to the General Fund, from the Building Fund,
which originally acquired the property,to create a Marine Science Education Center and Museum
as part of the FY 2026 budget process and to direct the Administration to seek a university partner
to fund the renovation and operation of the facility.
1982 of 2719
ANALYSIS
As the City's Building Fund paid approximately $7.53 million to purchase and partially fund
renovations including structural repairs, the Building Fund would have to be repaid, or funding
switched in the case of the renovation/repair budget, if the building was to be used as a Marine
Science Education Center and Museum. If the Commission decided to utilize this space as a
Marine Science Education Center, the City's General Fund reserves would be the most likely
source of funding, however, through the FY 2026 budget process other possible funding sources
would be explored. If the City is unable to secure a university partner to fund the renovation and
operation of the facility, the cost to operate a Marine Science Education Center which could run
in the $500,000-$1.0 million range annually plus site build-out, utilities, supplies, and
programming in the first year. Also, the building requires renovations including structural repairs
which would require funding from the City if the potential university partner could not be secured.
If the Commission is interested in the development of a Marine Science Education Center, the
Administration would like to recommend an alternative location. With the upcoming GO Bond
project to reconstruct the Log Cabin, which would be in North Beach Oceanside Park, the
Committee might consider this location as ideal for the operation of a new Marine Science
Education Center. The Log Cabin currently has no programming plan currently.
City of Miami Beach History with a Marine Science Education Center
In the early 1990's Miami-Dade County utilized a small building inside what was North Shore
Open Space Park for its sea turtle program. Two county employees and one city employee over
time turned the building into a small nature center where they had reptiles, aquariums, and small
birds. As part of Miami-Dade County's sea turtle conservation program, schools and camps would
come visit the center for educational trips.
In the mid to late 1990's the building was in total disrepair, and at some point, was demolished.
The nature center was then moved to an area within South Pointe Park that was operated by the
City, where it also hosted educational field trips and a nature camp. The center stayed open for a
few years until the onset of the renovation of the park in the early 2000's.
FISCAL IMPACT STATEMENT
$6.53 million for acquisition of the property. Estimated $1.0-2.0 million additional for renovation
including structural repairs. Estimated at $500,000 to $1.0 million for first year operations if the
City were to operate. Acquisition funding of $6.53 million would be determined through the FY
2026 budget process.
Does this Ordinance require a Business Impact Estimate?
(FOR ORDINANCES ONLY)
If applicable, the Business Impact Estimate (BIE) was published on:
See BIE at: https:/Iwww.miamibeachfl.gov/city-hall/city-clerk/meeting-notices/
FINANCIAL INFORMATION
CONCLUSION
1983 of 2719
The Administration recommends that the Commission discuss the resolution to determine if this
aligns with the Citys broader long-term financial stability and strategic priorities.
Applicable Area
North Beach
Is this a "Residents Right to Know" item Is this item related to a G.O. Bond
pursuant to City Code Section 2-17? Project?
No No
Was this Agenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481
includes a principal engaged in lobbying? No
If so, specify the name of lobbyist(s) and principal(s):
Department
Finance
Sponsors!
Commissioner David Suarez
Co-sponsors)
Condensed Title
Accept Rec/Convert Bldg at 7605 Collins Ave, Marine Science Education Center 8 Museum.
(DS) FN
Previous Action (For City Clerk Use Only!
1984 of 2719
RESOLUTION NO. 2024-32945
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA,APPROVING THE PURCHASE OF THE PROPERTY
LOCATED AT 7605 COLLINS AVENUE AND LEGALLY DESCRIBED AS LOT 6,
BLOCK 10,ALTOS DEL MAR NO 1,PLAT BOOK 31,PAGE 40 OF THE PUBLIC
RECORDS IN AND FOR MIAMI-DADE COUNTY (PURCHASE) AT A TOTAL
TRANSACTION COST NOT TO EXCEED$8,530,000,INCLUSIVE OF COSTS OF
TITLE INSURANCE, SURVEY(S), INSPECTIONS, RECORDING AND OTHER
CUSTOMARY CLOSING COSTS; AND FURTHER, APPROVING THE "AS IS"
RESIDENTIAL CONTRACT FOR THE PURCHASE IN THE FORM ATTACHED
TO THIS RESOLUTION (CONTRACT); AND FURTHER, AUTHORIZING THE
CITY MANAGER AND,AS APPLICABLE,THE CITY CLERK,TO EXECUTE THE
CONTRACT AND ALL OTHER DOCUMENTS REASONABLY NECESSARY TO
EFFECT THE CLOSING.
WHEREAS, the property located at 7605 Collins Avenue (the Property) is a privately-
owned,single-family residence of Rudy and Elizabeth Perez(Property owners);and
WHEREAS, the Property is surrounded by Altos del Mar Park to the north, bounded by a
RM-1 zoning district to the west, the North Shore Library to the south,and Collins Avenue to the
east:and
WHEREAS, at the October 18, 2023, City Commission meeting, the Mayor and City
Commission considered the Property and directed the Administration: i)to meet with the property
owner and explore the opportunity to purchase the property at its true fair market value: ii) to
obtain two additional appraisals for the property; iii)to explore a purchase of the property with a
purchase price not to exceed$10 million; and iv)to report back to the City Commission;and
WHEREAS, on January 31, 2024, the Administration presented to the Mayor and City
Commission relating to the City's potential purchase of the subject site and presented three(3)
valuation studies commissioned by the City ($4.2 million; $2.1 million; and 3.75 million) and a
fourth appraisal provided by the Property owners(value of$7.25 million; and
WHEREAS, the Mayor and City Commission voted in favor of purchasing the Property at
$6.5 million price, with direction to the Administration and the Office of the City Attorney to
negotiate a purchase and sale agreement and a referral to the Finance and Economic Resiliency
Committee(the"Committee")to discuss funding for the purchase;and
WHEREAS, on February 23, 2024, the Committee discussed the City's acquisition of
Property and recommended utilizing reserves from the Building Department Fund to acquire the
Property;and
WHEREAS, the total transaction cost associated with this purchase shall not exceed
$6,530,000, inclusive of costs of tie insurance, survey(s), inspections, recording and other
customary closing costs.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City
Commission approve the purchase of the property located at 7605 Collins Avenue and legally
described as Lot 6. Block 10,Altos del Mar No. 1, Plat Book 31, Page 40 of the public records in
and for Miami-Dade County (Purchase) at a total transaction cost not to exceed $6 530,000,
1987 of 2719
inclusive of costs of title insurance, survey(s), inspections, recording and other customary closing
costs, and further, approve the"as is residential contract for the purchase in the form attached
to this Resolution(Contract); and further,authorize the City Manager and,as applicable, the City
Clerk,to execute the Contract and all other documents reasonably necessary to effect the closing.
PASSED and ADOPTED this /3 day of Mink 2024 •
A K�-
ATTE T g MAR 1 5 2024 [even Meiner,Mayor
Rafe E.GGranado, City Clerk
Fq
y2f e. :
f IYtD%? o0.AIf'l.
°i
tiCN 3b"�
APPROVED AS TO
FORM&LANGUAGE
&FOR EXECUTION
3--g _ z.)
City Attorney ,4s bi
1988 of 2719
RaeolWons-C7 D
MIAMI BEACH
COMMISSION MEMORANDUM
TO: Honorable Mayer and Members of the City Commission
FROM: Alina T.Hudak,City Manager
DATE: March 13,2024
SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY
OF MIAMI BEACH, FLORIDA, APPROVING THE PURCHASE OF THE
PROPERTY LOCATED AT 7605 COLLINS AVENUE AND LEGALLY
DESCRIBED AS LOT 6, BLOCK 10,ALTOS DEL MAR NO 1,PLAT BOOK 31,
PAGE 40 OF THE PUBLIC RECORDS IN AND FOR MIAMI-DADE COUNTY
(PURCHASE) AT A TOTAL TRANSACTION COST NOT TO EXCEED
$6,530,000, INCLUSIVE OF COSTS OF TITLE INSURANCE, SURVEY(S),
INSPECTIONS, RECORDING AND OTHER CUSTOMARY CLOSING
COSTS; AND FURTHER, APPROVING THE "AS IS" RESIDENTIAL
CONTRACT FOR THE PURCHASE IN THE FORM ATTACHED TO THIS
RESOLUTION (CONTRACT), AND FURTHER, AUTHORIZING THE CITY
MANAGER AND, AS APPLICABLE, THE CITY CLERK, TO EXECUTE
THE CONTRACT AND ALL OTHER DOCUMENTS REASONABLY
NECESSARY TO EFFECT THE CLOSING.
BACKGROUNDMISTORY
The property located at 7605 Collins Avenue (the Property) is a privately-owed, single-family
residence of Rudy and Elizabeth Perez(Property owners).The Property is nestled in Altos del
Mar Park to the north,bounded by a RM-1 zoning district to the west,the North Shore Library to
the south, and Collins Avenue to the east.At the Gustier 18, 2023, City Commission meeting,
the Mayor and City Commission considered the viability of purchasing the Property and directed
the Administration: 0 to meet with the property owner and explore the opportunity to purchase
the property a its true fair market value; ii)to obtain t,o additional appraisals for the property ii)
to encore a purchase of the property with a purchase price not to exceed S10 million;and iv)to
report back to the Cily Conmssion.
At the January 31,2024 meeting of the City Commssbn,the Administration presented item R9
Y to the Mayor and City Commission relating to the City's potential purchase of the auhinct site.
The Administration presented time(3)valuation studies commissioned by the City($4.2 milion;
$2.1 oilier); and 3.75 million)and a fount appraisal provided by the Properly owners (value of
$7.25 million).
Following deliberations on the item, the Mayor and City Commission voted in favor of
purchasing the Property at$6.5 mAion price,with direction to the Administration and the Office
Page 205 of 1070
1989 of 2719
of the City Attorney to negotiate a purchase and sale agreement and a referral to the Finance
and Economic Resiliency Committee(FERC)to discuss furling for the purchase.
ANALYSIS
On Febnery 23, 2024, the Finance and Economic Resiliency Committee (FERC or
Committee)discussed the Ciys acquisition of Properly. The Administration presented various
potential fundkg sources including, PayGo Capital Fund, Budding Department Fund, Padurg
Fund and Genera Fund Reserves.
The Committee recommended uthiang reserves from the Building Department Furl to acquire
the Property. While the Propertys main purpose would be for Budding Department atitihm,
other departments could utilize portions of the building for ancillary purposes, with the costs
covered by rental payments.
This acquisition is at unbudgeted expenditure not currently part of the Citys FY 2024-2028
Capital Improvement Plan nor the FY 2024 Operating Budget. In considering the purchase of
the sLt1 ecl site and allocate funding,the City must consider ad other expenses associated with
this real estate acquisition, including tide insurance, strvey(s), ispections, recording and other
customary closing costs. The total cost associated with the purchase is approdrnately
$6,530,000.00, inclusive of costs of tide insurance,suvey(s), inspections,recording and other
customay closing costs.
SUPPORTING SURVEY DATA
WA
FINANCIAL INFORMATION
Funding in the amount of$6,530,000 is being appropriated trough the Fourth Amendment to
the FY 2024 Capital Budget accompanying this item.
CONCI USION
Based upon the foregoing,the Admirhistraton recommends adopting to Resolution approving
the purchase of the Property located at 7605 CoNIns Avenue at total basacbon cost not to
exceed $6,530,000.00 in accordance with the ass residential contract for the purchase in the
form attached to this Memorandum as Exhibit A; and further,authorizing the City Manager and
City Clerk to execute the contract and aN other documents reasonably necessay to effectuate
the closing.
AodMaaM Area
North Beach
It Its a'Residents Right Does this item utilize G O
to Know"Item pursuant to Bond Funds?
Cm Carla Saeton 2-14?
Yes No
Lyyslatve TrackYho
Facilities and Fleet Management
Pegs 206 011070
1990 of 2719
ATTACHMFNTS:
Description
o Exhibit A- Purchase and Sale Contract
o Draft HUD Settlement Statement
o Resolution
Page 207 of 1010
1991 of 2719
"AS IS Residential Contract Exhibit A
Far Sale And Purchase
NES Mal HAS MEER APPROVED MY
TIE FLORIDA RE AMOR,moo Till FLOPOS BAR
PARTIES:Rods A Perez end elz•belhPeraz
end Cita of Mee Beene (aber),
area Viet Seer shall sell and Buyer shall buy the knomrq described Real Property and Penona Property
(collectively'Property)pirsuant to be barns and conditions of this AS IS Residential Conrad For Sale Md Purchase
and any riders and addends("Cortird):
1. PROPERTY DESCRIPTION:
(a) Street address.dly.alp 71105 Cabs Aye..Wane Beta R 33141
(b) Located in:tillseaftede County,Flat Property Tax ID O.Of 3241044-Alal
(c) Rsalpwntylbelegaldesa*llion
together with all Sang Improvements se fbitLees. Including bulltin appliances, bulibin furnishings and
attached I4o4.el carotene and flooring(Ilea Property')unless specifically excluded in Peewee 1(e)or
by other tem of thls Contact.
(d) Panora Properly Unless excluded in Paragraph 1(e)or by other rants of sea Contad,he following ibrre
Minh are owned by Selbr aid existing on the Properly as of the Me of the MS offer are included in the
Pumhase range(syoverys),refrigerates).dishrnielles).nis ming lan(s). firtureft.drapery rods
and draperies.binds,ecicrivtreatinents.woke deletes). door openerd),thermosta(s).doorbell(s).
television we niout(s)and television mould's(hentwere gate and other access*Non,matax
20 keys,and sten shutters/stern protection in and C Pvopertf).
ai •Ober Personal Property Items irciuded in thh
a Persona Properly is included in the Purchase Price, biddy value,and shall be le for the Buyer.
14 (e) The followng items are excluded from the se:
25
15 PU CLOSING
n 2. PURCHASE PRICE(U.S.currency) 3J.MILMADIL
is (a) kite deposit to be held in me checks subject to Collection) $-1,21213120.
a The initial depcell made payer Agent named below
35 (CFECK ONE 0)D „, (1)21 Is to be:nee within d left blank,
31 then 3)days after Life. - • R BOX IS CHECKED,THEN OPTION(ii)
• SHALL BE DEEMED ' D5
33 Escrow Agent Nene: • , •
Address:110 Hetrick Soy, OSSA PL 33134 phone:altS443.11112 Ere de
as Ernst eireslachaleibeeel afelftraebraccuir Fax: 316-44341/3
• (b) Additional deposit b be delivered In Escrow Agent wilt (ff left blank,then 10)
37 days after Effeclive Date
35 (Al dap:Elle mid or gee to be paid,are&AWN*referred to as be teposir)
311 (c) Financials Express a a der amount or percentage Nen ArnounF)see Paragraph 8.
▪ (d) Other
41 (a) Balance to dose(not Including(byes dosing costa prepaid,and profaners)by*ire
transfer or other Collected funds(See STANDARD S) SSIL
n• 3. THE FOR ACCEPTANCE OF OFFER AND COUNTEROFFERS;EFFECTIVE DATE:
• (a) tf nor sidled by Buyer and Sear, and an ericuted copy delivered to a penes on or before
• YAM 15.2024 ,Ut offer shad be deemed withdraw and the Depose Nam,shell be returned to
Buyer.Unless oessriese Melee erne for acceptance of any courearcers shall be wen 2 days after the day
47 the counter-offer is Cil.Alfed.
is (0) The effective dale of hi Contract shall be the data when be hat cne of the Buyer and Seer has signed or
is Meted and delivered thls offer or Bra counter-offer(Them Dater
4. CUTFAING; CLOSING DATE The dosing of tis transaction shell occur when all funds reared for doling ani
51 reeked by Closing Agent and Collected pursuant to STANDARD S and all dosing documents required to be
• furnished by me party pursuant to ea Conhect se delivered(uming . Unless modified by other pro/irons of
Erwin Skis 1746.7 I o113 WWI INS.
noreaminmoressrasser Nov 1/23 0 2(63 F10650 Realbast and The AMEN Bet All VIVA PIMINd
Upannd to Ma MEr WM=.S 1150
Sewers sr added fonniaing 02024 Alb Pa SoftengsalliPte tSnd.•wewesstaam•(ITT)VMS
1992 of 2719
Exhibit A
a this Contract me arcing ea occur on S.*Additional T.n.n (Chang Deb'), at the time
a awbbhedy h Closing Agent
ss 5. EXTENSION OF CLONIIG DATE:
a (a) In me evert Closing fends from Buyers nd.r(s)an not a'voleeb on Clang Date due to Conumer Racial
sr Protean Bureau Closing Disclosure deMry requkenenb (CFPB Requwnsiw), X Pereirapl a@) s
es clerked,Lan Approval has been a0bined,and lenders adawmig Is corrals,then Closing Dale Mall he
a edaded ter such period necessary to lately CFPB Raguienerb,provided such palod Nal not exceed 7
e (b) If an event mrNbOng Farce Myeae'a®mans amnia for Closing to Oe wvtb.Inuring the
a unevalabialy of Allies or Iswwce of lead.wind,loud or horeowsen'burenm.Closing Dale shall be
a extended all presided in STANDARD a
es L OCCUPNICY AM)POSSESSION:
es (a) Unless Papa Bib)Is checked,Seller shall,at Closing,delMr occupancy and possession of the Property
a to Buyer free of tenants, occupants and knee bands. Nao, at Snag. Setter steel hma removed sin
VI personal lam and trash from the Properly and sha0 dela all keys,gangs door openers.access bane ant
e codes,as.ppluble,to Byer.If occupancy a to be dithered bare Closing,Buyer assumes S risks of lose
re to the Pmpwty from date of occupancy,anal be responsible and liable for maintenance horn mat data,and
re Nan have accepted the Property In as existing conga as of sine of taklro occupancy, see Pods T PRE-
n CLOSING OCCUPANCY BY BUYE12
n (b) ®CHECK F PROPERTY IS SUBJECT 10 LEASES)OR .•• 'ANCY AFTER CLOSING.X Property b
n subject to a Isse(s)or any atom/and/agreements(I . and short-term ventlon motets)ea
n dosing or is hided to be rated or oaapled by third ., - • . Closing,the fads and tame moved
n Nap be disclosed in writing by Sder b Buyer ad copies• . lease(s)shall be delivered to Byer,all
e Wan days after Elective Deb-If Buyer•.,. a :. • • that tele®e(s)or tams of
n occupancy en not acceptable to Buyer.Buyer may • ^• y delivery o awybn mike of such
re election to Seller within 5 days after receN of the 7r. _ from Stier,and Byer shell be refunded the
✓s Deposit thereby releasing Byer and Suer from al obiyaa s ceder min Caned.Estoppel Ladoga)
so and Sellers/Aida shell be treaded. n .s D.apt mat wawa Estoppel Lslbn tel rut
eh be required on seasonal or awl tenor . i.toil; ,•- is Mended b mp y be oad Serer aXar
a Closing.see Rider U POST-CLOSING se.U' ' _oER
n 1. MNGNABKJTY:(CHECK ONE): - - a . and thereby be released from any purser aebiNy undo
es eke Contract El may assign but nor., �ltel. • ' " under this Contract orO may not ass9n this Contra.
• F NO BOX IS CHECKED,THEN .
' 1 ION THIS COMPACT.
se FN4ANCNO
S. FINANCING: IllbNI(a)This is a chin — . contingency.
a(0)The Coact a cone (e left blary_uen 30 deya alter Effective Dab('icon
Appal Perbd):(1)Buyer abbe . - ala�nnvotsiO FHA VA or D other
(d. )mogage loan b plydhae of the Properly for a(CHECK OMB:0 teed.O adgstebe,LI Ned or
sauhble rate b the Loan Amount(See Pima 2(c)),at an ail Maest nb not to exceed %(if let
that ten priming a based upon Buyers lxSMOAWees),and b a term of (If IN blank then 30)
years(Financing)and(2)Buyers mortgage broker or lender tang received an appraisal or am save va0aton
of Or Property satisfactory to lender,1 eater is required by lender,which Is icemen(to meet the Tema maned
for ander to wade FYwMg for Bops and proceed to Eating CAppraian.
(I)Byer shall make appbatlon b Email within (d left bate then 5)days she Effective Data
and use good[elm aid agent effort to dab apt auel of a loan meeting the Flawing and Appraisal terra of
Paragraph B(bX1)and(2).above.(lean Approve')wimn the Loan/ppovd Period and,thereafter,b dose this
1 Cana Lan Approval watch BRIM.*Buyer to ant other reel properly Nell not be considered Lan Appall
I urine Rider V It aBlded.
ha Buyer!fella bias good faith end diligent etch to oath Leah Approval long the Lon Approvel Period al
Ire be considered a dead under the toms des Contact For purposes of this avian.'diligent effort'Includes,
104 but s not limited 4 timely furnishing el documents and informative mouthed by Byers morbgege broker and bider
11:6 and payig for Appraisal and other fees end loges in w.ie bl with Buyers application for Fkstrg.
ha (al Buyer sail, upon wan request, deep Seller and Broker try Yawned about the aqua d Buyers
• mortgage loan epptuean,loan processing,appraisal,and loan Appal,kadkg nyParty re aadmhdtbe
ea of lean Appovl. Buyer authotas Buyers wage broker.lender,and Cang Agent to dame.at saber
Bevy bays P .ells S .Ylleew_
n0$efbrbtfl'+.. • 4.51nee Ras 123 O 2023 FtM ReMaM m The Firer Be Mseareard
Ibrf e M Sr Saba wY el GYY1)11 e0
sen as a eddad hates.a ally At ea seeing. geBbk 11Feed.•wawaaf Tess•turn Man
1993 of 2719
Exhibit A
me and progress and teMw preliminary and may mraatad dosing disclosures and settlement entrants, es
no spproprbOand aaad.b Saner end Broker.
i11 (61)Ifatliltto Lan Approval Peer,Buyer ebbed Loan Approval.Buyer shall noty Seller of same in writing
no prior to septette of the Loan Appwal Period:or,It Buys Is maths to obtain Lon Anyone within Loan Approval
Pabd but Buyer is sagged with Buys'big b obtain loan Approval and proceed to Poring,Buyer Yal delver
114 wHden notice to Sorer cannoning same,pb to the expietln of t,.Loan Approval Period-
1 o ('v)N Buyer b wags b°balm Loan Approval wilt the Lon Appo el Pend,or cannot timely meet the
1 is tons of Lon Amor*all aim the saws cif good faith and aged wort Byer may lenntata this Contract by
to delverog mitten none oflemin wit to Seller ppb aspiration of be Loan Approval Period:ivnaarpon provided
na Buyer is not ele d ba defog uder on tithe Contract,Buyershellbe refundedthe Deposit thereby
re Buyer
1 of nd Seller kern r further obligations mar this Caged.
w (vie Bryn Oils b Wyly deliver any oaten roan provided for M PragraM 13(0)01)or d•).above.to Seller
121 prta b apish of Me Loan Approver Pernd,than Buyer Mel posed loner with ees Catxt as Baugh
in Prgeph tl(e to..,had beenchedad as Sew Effective Data:p'ot.lnwever,Saarnry natbtantaO
is the Contract by delerg oaten note of lannestlen to Boys wiYn 3 drys aim m$rnon of the Lean Approved
las Period and.provided Buyer s not In defalt wider the bona ci Ns Contract Buyer Mal be refunded the Deposit
1e thereby releasing Bap and Serb from a lows Sagan under this Contract
is (vl) If Buys hes Bra provided shiver when nods paged fa In Paagrph 8E(11).aims. and Buyer
in twesta lb b dose this Canbad,M Dapsa Mall be pen b We Wes Ogee t same is due by(I)Were
is Wad a Mabry to satisfy other mtaenS.of Wa Contact or )PmpeM Maid cardelos of the Lon
us Approval(w.SJy saciaag the Appraisal vbatlon)Me not met uses such carNtas we waived by
era other provision odds Catab in width avd(s)tls Buyer the Deposit thereby reaming Buyer
131 at Sella from al healer a lIgMbn ubs to Contract
in ❑ (c)Aesunpdnaf ededrg matgepe(aeeRbrD for
era ❑ (d)Purchase money note and mortgage to Sneer( elms.
la CLOSING COSTA CHARGES
is 9. CLOSING COSTS;NTLE INSURANCE; ' • ;SPECIAL ASSESSMENTS:
n (a) COSTS TO BE PAM BY SETLEIt lit. -
in •Documentary swap texas and surtax on•-: ,If •HONCatT nimAseocbbon estoppel fees
Owner's•Owrs Policy and Chaps(If' ..�LLL,,,,,, •Record%eel other fees needed b an title
tan •Tie search Merges(n Paegrepli ' -• - •Sellers eebnrys'feae
to •Mudded Ian search Of Paegrph ') •Collar
1.11
•Chegas M FlliP'TA
to v - - -
ta
is �, y AS . . .
145 '/
He (b) COSTS TO BE PAID BY
147 Tailed and rWdng lees on robs and napes Loan Ypeees
err Romano fees tr dead and manotg stigmas Appraise fees
w Omws Poky and Cwges(If Psapph 9(c)(1)M cttsdwd) Buyer's fpea n
non Survey(ad efevws cwttaa.if reputed) Buyers abneys'fees
151 LntlKs Ms poky and endorsements NI property related twang
122 err b bon Anon apOortreerr fees Omufs Poky Pwrtan Of Patgraph
to Municipal len search(E Paragraph Oft)(')Is Mediae) NcXB)is dtdnd)
154 Olber
as ( ) TITLE EW ENCE AND eau RANCE Al least (if Me blade,then 1B,or B Paragraph e(e)is chec103d.
ter then 5)days prior to Cbeag Oahe Mae Evts,ce Median ate lauanu pro nribnnl land by a Florida
to licensed re bur, with Mgds copies of iamnwp asked s exceptions atledna MMeto (Tde
to Caallenendl and eder Clstg,an saws policy of a.insurance(see STANDARD A for tams)Mal be
la obtained and delivered to Buyer.If Star hsa an owns policy of title Entrance cwarilg the Neal Property,
w SS shell loath•copy to Buyer and Copra Agent NOM 5 deg after Metre Date.The awe?s eel poky
in praetors tide wadi and doting serest.(maecSvsy.Thanes Policy and Ceps')shall be pal,as se
is kith baba.The MM bare premium daps for the owner's poky ad ay Wears pact will be seised
to and Omaha M accordance yogi Fonda Ow,but nay be reported differently n certain federally mwdabd
ts. dosing durum and Other doing doamenb. For puma col efts Oared Ionia*tan wadi'men a
owes WAYS Pp 1 a IS SalvesHI__
FFt t,wYbM .-A Sh �.T21 CAL ibis sates wd The Fbha Bs. Ala mama
woven Nn w Nee a ew 10121.e4ln to
Wawa and era Avreelbe a ate Apr sae eaeefepea s Wend.•wweaes.Mreaw•(WI)neap
1994 of 2719
Exhibit A
re search of masts nsolaay for the omen Doty of He insurance b be hand wahplra exception for unrecorded
r. Nets lnpoi d pursuant to Chapin 153,159or ITO,F.S.,b favor of any govenvnsiW body,mammy or apaxy.
In ONE):
in g)Seler shed designate Closing Agent end pay for Owners Policy and Charges,and Buyer an pay the
M premium for Buyers lends pony and dirges for dothg seats related to h lenders policy,
in .anneals aid ban doling, Mid anbnnte shall be paid by Buyer b Closing Agent or suds oiler
Ill pra.Mr(a)as Bryn may selector
In ❑❑ (I)Byer MS designee Closing Agent and pay far O*.e s Poky and Charges and charges for dosing
in se vbs stetd to Buyers lendts poly,intolerwb and loan dreg or
ne dry)PBAMOADERROWARD REGIONAL PROVISION):Byer dal designate Closing Aged.Seam shall
in l u e, a copy of a price owners poky at Ile nsurance or der eider al bile and pay lees kr: (A)a
in cwMxxshon or update al such We animas with is acceptable to Buyer's be st axe Rainwear far
in rdwue Of coverage;(B)m earn;and(C)nebkpl Is,read.Byer an din and pry for polt-Cbeq
in coranuekn and pmniun for Buyer's a.'Ws paicy.and Ifapinabb,Buyers lender's Doty.Seller DIM not
in be ablgabd to pay nve than S or left blank,than 1200.00)far abetrad mranuadon or the
tin search ordered or panned by Closing Agnt
et (d) SURVEY:N least 5 drys per b CMkg Date, Buyer may, at Buyers expense, have the Res Property
tax sawyed and caroled by a registered FbMs slayrya("envy). If Seller has a survey roving the Rea
tin Repay,a ropy shed be NonWhidb Byer trod CbamAged Min 5 days alter Effecthe Dab.
in (e) NOW WARRANTY:Al Cbdng O Byer❑ SS■ Na pay bra Isms warmth'pin Issued by
to ea•• • • b exceed S .Ahome
as warranty plan pm+des for repair Of repWanad of may • • a m.c hahhl systems and min blab
lu apyieea In the eyed d breakdown de b normal wear- rig the sonnies warranty period.
to (1) SPECIAL ASSESSIFM&Al Posing Bar shal . . : the ha of lens imposed by a pubic body
IN ('public body'does not include a Cardamum or •to • dun)hl an certTad.cvtm an
d
d
too rabicbanebae Closing;and (i)the anent d the • + • s nod recant mane or assessment b n
to kmrovenwt which is sutatandally compete M of a • Data, but the has not rescind in a hen being
122 inp®d on h Property bone Cbang. = I •.. order assessments.d special assessment may
to be pad in instalment(CIECK ONE):
in O (a)Seller shall pay installments due • • •••• • Buyer shall pay instalments des AY Cbeing.
16 Instalments prepaid or de fort. ...: I be prorated.
a if(binder del pay,In be, • goes any assesanwl(s)stowed by the Wok:body
tar b lea prepdtl.Far ary • body dolt not allow Repayment OPTION(a)shall be
to deemed selected fa such
to IF NEITHER BOX IS CIE• a ' ON(a)SHALL BE DEECED SELECTED.
aA The Paragraph 9(I) s ,-. ..... bare&tax Nen imposed by e mmnnKY OewelPrwd dant
fat (CEO) pursuant b e . • 190. F. , or special aaswenags)Imposed by a special Slit pursuant to
an Chapter 18,F.S.,wench '. or : s)sal be prorated pursued to STANDARD
as DISCLOSURES
eye 10.DISCLOSURES
woe (a) RADON GM: Radon is a naturally occurring radioactive gas that Men It le acaanNWed in a binding n
ere suMSrt guandbe,may Resent health hale to person the are exposed to It over that Levels of radon that
an eased Well and state gradates have been found In buildings In Florida.Additional intonation regadlg
a radon and radon teeing may be obtained ann yen county heath department
woe (b) PERMITS DISCLOSURE:Except as may have been disclosed by Selo to Buyer In a written disclosure.Saner
no does not know of any npmyernats made to the Property Mid were made Mohr'metered pens or made
211 pursuant to pane which have not been properly coed or aewwlw dapesed d purewe to Sedbh 55370.
212 F.S. V Saler Identifies pendb welch have not been dosed or Improvements which were not pemated,then
ns Sedndsl pongydeliverbBuyer a pin,andeldoaanrbgal or ode kaaroebnln Sales polawstcn,
214 Immasdge,Of coned releleg to ngrommenta to the Properly with are the send d etc open pant or
215 uiwen td hrp0s 01 ter.
ne (c) MOLD:Mold Is nabrsly occurring and may use heath risks or damage b pmpady.',Elmer I waemed or
217 desires annul Infornnabai reeding mad.Buyer should coact an appropriate professional.
211 (d) FLOOD ZONE;ELEVATION CERTIFICATION:Buyer is advised b warty by eleven,cargficea Mich Rood
219 cone the Property Is In,Meter Rood Insurance Is required by Buyer's lender,and that restridloce apply b
xm improving the Property and rebuilding In the event of coney.R Property is in a Spada Read Huard he?
Bel.wsak PpSahaarlld Sab Imble
RPoteRa -.C4fS&3n•>m s xms Fbna P.aaw and It.ran ea. u Mt..ewe
lions Is a.saw..W 0112611.01150
hide ad added lealeng 0 Mu Ate sea eeneteeepW M*Pint•www..a..fa..eee•con sea..
1995 of 2719
Exhibit A
m or'Coastal Berner Resources Ad'Seignabei re or Sherwin protected area Inner by the U.S.FNh and
m YBdge Seneca unbar the Coaen Barrier Resources Ad and the bees:floor elevation br the bulding(s)aedlor
m Ind Marge Sing Papoose Is below Hinman Mod eeevalon or is Mlle Tor flood assurance casein
re. 0lagb the Men Fbod bfu.m Program rpdrle nod Muse as deemed In 42 U.S.C.14012s,Brier
MS may tenth*this Cantle by deMeg Main notice b Sob win (Y left bars,then 20)drys after
s Effective Dale,and Burr shall be refunded the Deponl thereby reskg Buyer ad Sear from al fads
is oSlgelda under pa Contract big*Nth Burr accepts sIsWg elevation of bdltge and nod era
m Ire) designation
BROCHURE Buyer edpwledgs receipt of Florida Energy-Elfldono/Rrkg internee Bpdar
s required by SeNon 553f06,F.S
as (S LEAD-EMIR PANT: If Property Includes pre-1975 Heiden! haalna a Wdesa paid encase Is
m rf sonny.
(g) HOMECNRIERIE ASSOCIA710NICOMMITY DISCLOSURE: BUYER SHOULD NOT MECUM INS
no CONTRACT RIM BUYMR HAS IECMY® AND READ THE NOSEOYINERN
err AMOCIATIONCOMIRRRY DISCLOSURE IF APPLICABLE.
err (h) PROPERTY TM DIYWGUIE SUMMARY:BUYER SHOULD NOT RELY ON THE SELLERS CURRENT
m PROPERTY TAXES AS THE AMOUNT OF PROPERTY TAXES THAT THE BUYER MAY BE OBLIGATED TO
re PAY IN THE YEAR SUBSEQUENT TO PURCHASE A GLANCE OF OWNERSHIP OR PROPERTY
as IWPROWLMENTS larlaRte RFASCFSSUENTS OF TIE PROPERTY THAT COULD RESULT M HIGHER
sin PROPERTY TAXES. IF YOU HAVE MY QUESTIONS • ING VALLLATON. CONTACT TIE
ill COUNTY PROPERTY APPRAISERS OFFICE FCR I
142 (I) FOREIGN M R IN REAL PROPERTY TAX ACT • A'):Seder she Inform Byer In artInp if
w Saw I•-foreign career a defined by be Foreign . Papery Tax Ad(FIRPTA J.Buyer
or• and Sflt Nall comply vim FPPTA.which mry :1 b . • addgmal nth al Closing.If Seller
arcs IS no(•Taupc pence',Sear an provide Buyer, • • • b Mal a ulfllunon of naHarpl anus
se uder penalties of perjury,to irbm Byer and ••. that no wttp W ng N Squired See STANOPAD
ore V br further Monde pMSNg to FIRM. Syr • Sager we advised b seek legal cannel aed flu
s secs regarding yak reweave MIN, •• .• • and v /1/10 ip rquswb p.nir b
ore FSRPTA.
no G) SELLER DISCLOSURE:Seller Mons• • •111111.r: Reding the value d the Reel Properly wrath are
a1 not redly oberwbe and whkh yy,,,, shill •• .• b Byer.Erwept as provided fa in be precesg
rB snlence.Sorb calends end'. -: A Ireks no repreerilon Of cry type.says express or
Snared,es to ••to the Ply. Property.Except s dMreW dMosd in writing Sob
rsr has received no wren or .• any governmental envy or agency as to a anenOy vrnned+d
2a Hiding.a wimmssl or .. .
e PROPERTY CCMI TTON,INSPECTIONS AND EWS ATIONS
err 11. PROPERTY MAINTENANCE: winery war and tear and Casualty Los, Seller Hal maintain the
rare Property,Including,but not ahntbry.and pod.In the canton axWatg se of 0ec1M Dale FAS
ere IS MMmeenw Requirement".Ss ayah S(e)Ix on procadtm.1e09k Leal.
ao 12. PROPERTY MMKtTIOM;MOIR TO CANCEL
a1 (a . . _... _ _
as
perfumers as Buyer adore desire Curti the herpeceen Pied I Brpwr deMekae. . sea
BP dleteernen
naalateaPrapryr eaesepleke lean Sryraaytsnleele e . - • -&Yberreb
or e long wen suc
h ch Weed= b Seer Pee le ex kaBae of - Period II Bar y Buyer Bra
WS a.eirer Ss Conan*Si.Owen paid*ha he .- ./srpa4 Skye age SW We
sin he mesa WY Neer oiebaSaa rands - ,w aadd arse shut esee
upane b
Nsrtrg ppemitbsuch . - ddasp l4 rrmwbn at.MPrri.eryuvYW
s ken ash krpoatlas• . Soler Met mkt useba/eral week dear w M Payer,PM
WO prseWrB '• gumbo bldaatba of this .a acg. Unless Buys asses InPea a
I-.er1 • herein.Buyer•ceepa BarudUon of the Prpey and as Maiden of
m kWllIB 1NYeleawilal,aid safety
crfety Coda,reBldAIrlu orra'gttkearrrrb,but alggctto
. l
a• — r 1B .
o,pvr44drY Per I GM ants Mee
awane. .SSAwm.+sa Ray..7e a ma Fla arm.+w The rise Is. An Vim rev.
• ens a•We.And elawr.ai is
Mee*ea added Twa+g it ear AB Mr nkekela ISS*Bead.-wee..le.s.cca•(ITT Baal.
1996 of 2719
Exhibit A
cos (b) _. . v
as to lime of Cbaing a specified try Brrya.Buyer or Buyers lmpraartfa nay perform a I • are
zn follow-up walk-through, If necessary)Specan of the Property solely to cores ' • of Persons
vs Property area the Property and to verify that Sala Is maenad the :.- - . a required by the AS IS
vs Maintenance Re°uarn it and Ines met e•other contractual.. . _
a (c) SELLER ASSISTANCE MC COOPERATION M w ••- • • BOLDING PEIDS:N Buyer's Inspection
At Of OW Property Ibdilla open or needd . ,,man Saw 3M O prprylly Baker to Buyer a plats.
m MIlt11 doanabha a .• : . In S&Vs passion. kandge, or control r*Thig to
m Inpwanenb to the a... - an the subject of math opal a needed Nina and shell promptly
a Cooperate • wtlh Byers aorta to Ober,atlmabs of spas or other wok necessary to resolve
as -. :-..Sellers obi gallon to coasts shell Include Wars eaaalon cinewwwy sumatatlo ,
as or other drxamvb noswry for Boyar to conduct Inspadbne and have esmnites of such reviles
- . . % .r
a erewrkro� / - . ..rraaw/.
no (d) ASSIGNMENT OF REPAR AND TRENDIEST CONTRACTS AND WARRM(TES:M Buyer's option and
a cost,Saar S,at Closing sip all assignable repair,beanie and reaaenanos contracts and sales
ni to Buyer.
m ESCROW AGENT AID BROKER
m 13. ESCROW AGENT:Any Cbeag ABerc or Escrow Agent(•• •• - •- h serene Be Depost,other ands
as are otter In b authorized and agrees by acceptance of them, man promptly.ldd sane In'some
m Wtlyn the Stated Florida and subject to Caeca,.disburse • . .ath terms and awakens of this
a Contract.Failure of hands to became Collected shall not .. • .:. ••• •... •..When cmniding demands
917 for the Deposit an waived,or Agent has a good kith•• . . b. . . tome Deposit Aged maybake such
as sold111 pem„led by this Paragraph 13, as Aged .- -. If In .• • as to Agents dude a labilaa
ma raderthb Cadrad,Agent nay.at Agent's option,•• :the pleat manrd to escrow one the pollee
a agree b Its disbursement a until a final fudgma• a •• competent euMrSdm SS determine the rights of
No the pease, or Agent nay deposit erne with h - • court having Seaton of the depute.M
3w aalsy son represents a party and also act a - 11 y -- sodl party in sfl adbn.Upon notifying all
Wien co s ,oemed of such Son, al is• '• On . .. , Mon fully terraria •rapt to the extent d
a accounting br any Items pmiciSy•- of• - ./e licensed real estate broker,Agent ail comply wtm
a provisions of Chapter 475,F.S.,a . '" es to Say resolve escrow reputes trough mamalon,
a art stop.idapleeder or an earths. ' 1 .
NH In any emceedg beaten: ..• - Age is because na a party bebecaused a e tang Agent hereunder,
a a In any proceeding were the subject matter d the escrow.Aged shall rams rmamabb
me earnsys has and coati b sod order out ofthe escrowed foes apueayis pent
310 that not be abab any•- MWelhery dry escrowed Items.unless 3 Si sheSedeh dueto ery Is
vet pence MIA breath of this • nu Agate g negligence. This Paragraph 1 suave Casing or
317 taNan of d.this Contract
313 14. PROFESSIONAL ADVICE; :..•• 4'- L.AM.ITY: Bmler advises Buyer and See to vary Property condtim,
square footage and a otter fhb and re resenauns made pursuant to cos Gonad a to consul appropriate
3ie professionals for legal,tax,eminemenie and other spedr pre Oct mnembp netters sees not the Property
314 and the end ati conlemetsd by this Cagad.Broker rarest to Buyer that Broker doe a reside m the
317 Properly end that d represenNta6(oral,RELY
or E Oil by Broker as band on Sean replamRSan or
ao pubic sass BUYER AGREES TO RELY SOLELY ON SELLER, PROFFASIONAL R FO TORS M O
31e GOVERNMENTAL AGENCIES FOR VERFICATTY OF PROPERTY CONDITION,SQUARE FOOTAGE AND
3a FACTS THAT MATERIALLY AFFECT PROPERTY VALUE MID PIOT ON THE REPRESENTATIONS(ORAL,
m WRITTEN OR OTHERWISE OF BROKER. Buyer and Saar (inGvbeEy, the ers,*efyiE Party, each
m advdnelY Indsndtles, beet snidest end Mesa Broker and &needs id is a, sears, agree and
m employees km d Or Way fa bin or rage.arrears
d all comb and expenses,end reasonable aSmne/s fees at
a r area.rased a Sand by Broker and arrears°Ranted by B. rrMs adr based on:
with
a A arising from ads demands or cause d action MONO by Buyer de Saar based m: 0) aeoArecy of
3a information provided by the Inds/Sync Party a from pubic•coda;(b)Inaererg Parties neaaamrhgs)or
m aura b perform a seed cameos:(NE Boer's Parlmrhace, r Mden died. Pays reyhrd,Of WY task
3a beyond thered SS�e of geniis epaid by Chapter 475. F.S., s amend, having Broker's St S
In remnmends any
or rdf d any behalf
fa, or on behalf of. Idem)fyap Party; (s) products or services
no aniseed by ay such vendor for,am beha/d,Indemnifying Paty and(el Menses incurred by any such vendor.
Owe.Fbn Vgeala Se 's bay
Mariatratarlaidsemaiser rein MI a SIA Florida redone set Ow Bad.Be. Al dens r..n2
user war sr sea aw horbSRun Ise
loena SW added feerensting plea Ab filer SeltaiseMN1 Witted.•wereeMW.owh•STD Vial
1997 of 2719
Exhibit A
m Buyer and Seller each assumes M respansibl*y la wading and caneeaUg their respective modem are
m paying their other cotes weer this Contact Sitar or not It transactancloses.This Paragraph 14 will not reeve
• Broker at stafAay abligedane urea Chepbr 47S,F.S.,as amended.For purposes of this Paragraph 14.Broker
as el he tread as a party n this Contras.Thee Paragraph 14 reel sreive Closing or teeninalan of tars Contact
DEFAULT At DISPUTE RESOLUTION
.s 15. DEFAULT:
w (a) BUYER DEFAULT: if Buys IS neglects or refuses to perform Buyers obligations under tie Contact
are hateing payment of the Deposit warn thetna(s)specified,Seller may elect to recover and retain the Deiced
m for Ds soarer of StI,a agreed wan fqactaled Nragw,consideration for execution dVe Contract and
w In kit aatlnhed d esY dares,wtwraon Buyer red Saw seal be reamed tom all Sher obligations older
al is Contract B '' ♦
543
w
as (b) SELLER DEFAULT: If for any reason otter then failure of Sala to make Selers tut marketable alter
w reasonable®gait effort Seller felts,neglects or refuses to perform Sakes obSgedrs it this Contract,
147 Buyer may elect to receive return of Buyers Deposit without thereby waiving any action for dnhegee resulting
tan Sclera breach.at,pursuant to Paragraph 16, may seek n recover such damages or seek speck
as paeforrrhahos.
>m This Paragraph 16 shall survive Cloag orlamination d the •
asr 16.DISPUTE RESOLUTION: unresolved controversies, Mann . meters in question between Buyer are
m Seller arising out of or rating to,ha Contact or is steads -- - _•a Mapre*tlon Maputo"will be sated
w as*lows:
s (a) Buyer and Bela will have 10 days and the date •. •. • theoal Dep Si made toattempt to
ass resolve such Dispute.faringwhich,nwhich,Buyer and 7,7r;. such Dispute to mediation under Parpaph
ass 16(b).
m (0) Buyer and Seller shell attempt to set%.',:., mass trough medlelos versus to Race
w Rules for Coaled are Court-Appointed Med. .• sea,FS..s amended(the TAedlatlai Roles".
as The madam oust he ceded or 1"t. the nee estate Industry. Injunctive rest may be
tes not sathee
rsuant to this
16
s may be resolved by Instituting with* k�" co it�hvvig jLi o.not the matter.This�Prarephh
m 16 shall aavive Closing or •
w 17.ATTORNEYS FEES;COSTS I split equally arty mediation lee Incurred In any mediation permitted
1e1 by thls Contras,and each. cob.erpws and fees,including atmnye fees,incurred In
w conducting the mediation. ....by this Canoed,the previfeg party*ai be enulad to recover
see from the non-prevailing • -. ndudng reasonable attorneys has, Incurred n conducing the
• litigation.This Paragraph 17 'Closing or Ismailia of to Contract
w STANDARDS -• REAL ESTATE TRANSACTORS(•STANOARDS')
s 18. STANDARDS:
an A.TIRE:
srl 0) TITLE EVIDENCE; RESTRICTIONS; EASEMENTS; MEADOWS: WBMt to lame period provided n
srt Paragraph g(e).the HIS Comaemer,with legble copies of intwnsnte Wed as eaaptas Wailed thereto,shell
an be issued an defeated to Buyer.The TBe Commitment e W set fodh Base matters to be dadsged by Seiler at
err4 or before Closing and shall provide that won mooting tithe deed to Buyer,an owne'e poky of ale insurance
an in the anima of the Purchase Nlm,pal be issued toBuw imatg feyafs marketable tit to the Rea Prvperb.
sea wbtri aril/to the*Smog"'tin (a)a npawuM Iasi use ptane,zoning.end dher lad use reDlWas
mr promotions end requirements Imposed by governmental eta":(b)rarfotas and melees eppeatg on the
an PS or otlswlee mean to the sWEbdsin;(c)a4tatdng Sit,gnat mineral Maids of record weal rigs d
• mew(d)unaleted pubic ugly easements of record(bola contiguous ais to IS property Mars end not more than
a 10 fur In width as to rear or fins ins and 712 feet In width s to side Mask(e)Las for year of Closing and
m wteq,sd yeas:and(U resumed mortgages and ptrrodMe moray mstgegsa,if any(I atril'va tens,etch
m addendum);provided,that,none prevent use d Property for RESIDENTIAL PURPOSES.If there oasts at Closing
sea any vidWon of items identified in(bi-(I)shwa,then the same shell be deemed a lie defect Marketable tits shall
w be determined smscng to applicable This Standards adopted by au ody of The Florida Bar and in axasnos
w with law.
awn Ma Pap*?of 13 Sates lnS
F1oi SFbYYBa-AA60 Rev7123 O 2e23 Mb M1rbas and The POly Sr AM 60/355104r40.
SoftM.Bur ass'.ea Di ern s An1a
war and asses*molg a 2024 Alta es t06e40aa1ltal idles.•ewwwtvsa.•RTT 171ies1
1998 of 2719
Exhibit A
STANDARDS FOR REAL ESTATE TRANSActiWM rSTANDAfDS')CONDNUfD
re (Y) TIRE ateMINAlaN:Buyer shall Mee 5 dye attar reaped Tee Commitment b mar It and rosy Sad
n In writing spedS*1Y dtasd(s),if any,that raids to unmarketable.If Sala provides Tile Camitnent and it S
a delivered to Buyer lea tram 5 days plus to Closing DM Buyer may Mend Clalrg for p to 5 days alter dale of
a receipt to mania same Si accordance wth Ms STANDARD A.Sear SW have 30 days(-Curs Prior)ally
a receipt of Byers mace to lake reasonable diked dab to tenon defect.It bye/fails to a nobly Sean.Buyer
n shall be danced b have incepted tle a It ban S.If Sean add defects within Cue Period, Sean will delver
a written role to Buyer(mNh proof of use acceptable b Buyer and Buyers atlonney)and en peels as dose to
too Ca tad on Closing Date(or if Closing Dale has poised.whin 10 drys der Buyer',receipt of Bears re).B
se Sear Is UMW ban defect Men Ore!VOL loin Byer may,*gin 5 days afar expiate of are Mod.
a delis treble once t Sear(a)Madre Ca Period for a Ladled period red b sawed 120 drys wea,Midi
an Setae Sal continue b use reaorable lolgern effort to Minn or on the dekda(Mandel Curs Pebd'P or
n (b)acing g to adapt to wth eaebng dart and dose Vb Cabal on CCsYg Dee(or l Cbsg OSfe leas
MO passed,whin be eater of 10 days der end of Earner Cosa Padod or Buere receipt of Salars nodes),on(c)
a electing to rate this Canted and receive a rebid of Me Deposit thereby releasing Buys and Sala from all
eon further obligations under this Contact Bean maalida tlBgad at.Steer is unable tottery one defects,and
a Buyer does not wain the Cafem,this Cana Sal arras*and Buyer salt motive a refund of to Dpcei/
a thereby leleaing Buyer and Seller from d fate obligates under this Central
eon B. SURVEY: If Surey dlecinsee encroachments or, le Reel Property or Win Improvements baled thereon
eo war an setback Bros, easements.of Yes of others,or any rnbtlba. covenant.or applicable
MI6 governmental regutalaa daubed Si STANDARD A(l a).(b)of ems,Buyer Sall debar swan nab of
a such ratan.tombs wet a copy d Saey,b Salar wean Buyre receipt d Survey,but no later
ate than Closet" It Buyer timely Stows such note and nears identified in the nodes and
CS Survey thee taalbb a Ile defect urged ban .. .. of ST A atones.If Sala has delivered a
ea prior survey,Stier Sled,at lames repast execute - eal, of To to t1 fee Property Yea the
IV preemie.,d suds prior away,to the ceded the:. we true and cart
411 C. INGRESS AID EGRESS:Saler nMaet bat. - . _- and egress to the Reel Properly and be to
eta the Reel Property Is!mutable In baadacawtl eanpmn brad plrgh
allet of access.
413 D. LEASE IP AT1aN:SS Nil.a Sal 1 a to474 a . . .• OWN,AmishBuyer estoppel bee bun
nM(s�bmprd(s) spedMro nature r • . rental rates, advanced rent and security
ems deposb pale by Mena)or ompad( . sr).If Sean is untie to oban such Estoppel Labs)
no the end inlonsan ad be b - ebb toil bra palm Si Ihe bnn of a Salem ditit
to and Buyer nay thereafter contact s)to confirm such bonbon. R Estoppel Leans)or
e14 Seers a clibt Bey,differ :1:y •Sabre representations and lsamist ono iced pursuant In Paragraph
no .i or if des alter wept •• Saarr affidavit.5 d Buyer my Clow writtenD tole to Sean
a Goan 5 drys elan recap but a tier ban 5 dace Sea to ClosindSts terminating u der
lis
err ConCn and receive a May nearing Buyer and Sloes from SI further aba a a under
a this Contract Sear Sul,S r. . ere assign al leases to Buyer who slWlawune Sallie abgdns
a thereunder.
En E LEDK: Steer shalS a Mendel
to + • at Clang anbavn att retr (i)tothe aae day Mandrg
a u rmenar,dare of len sndel lam hen bloe a s e Sd(I)eret ur
bone have been no improvements or
a repaln to T Reel Property tar 90 days Ya 5 delver
preceding Oceav Deb. b th Rate Proverb as been
a improved+repaired wainbona line.Sloe call delver rasaad tea of caebbM lea Amid by all
a gaga Contractors,aybanbamra• Supplies as maerilonen b addle b Seines len affidavit setting fob
a names of an such gears conapeaiiM .at smears end naYd Ian or fuse amino thatel charges
a taanp*Iersab SClO Closing_
coed Sava as basis tow a mW.en len a a dam for damages hM been
431 F.
a wE be aid a Clmrg.
a F. TIE:nee le of the sesame mate Cataract Calendar days,bawd on anise ma Property is noise,shell
be used in carnally time Oiler b b Periods.aur be and Efate De set forth In Paragraph 3,
434 any thee period,pranced bra le data specified In e Contract
b as
wafer petaled,handllayen,typewritten or
a tuned bean,wash Nall end or error as a Slegeay.Sunday,atrial legal pubic holiday (a cleaned In 5
a USG.Sec 6103(a)).or a day on bib a Mbha level public holiday.observed because it felaagady ua
437 Sunday.Sera to the nest calendar day bath Is not a Saturday.SundSunday.d ,national apt pubic holiday,or a
a day a ChM nab a netting legal public holidays obeyed.
a a J FORCE MAU E:Sayeror Sloe shall Slo s all red be reaaed to each or pedam any light or obigallon under
se this Contract or be Yale b each titer for ameba so lip a per me cat or mmoeamana of the right or
441 obngtan,as eyelblYy of services,Iaurnce,or regaled appeals seeeilal b Casing,Is disrupted,delayed.
9 Mils Peps Sall, WsYAw _
Fb lgwiencod ensinei Rev.rise 2=1 Nos Pmlbae and The nano eat. NrgbrYYWa
Lin'aMar Wren al elataAn,p
5ellwa at added fermatas a Ala Ana err SaflagalS teaser..aweaaaasae•ben)mega
1999 of 2719
Exhibit A
STANDARDS FOR HEAL ESTATE TRANSACTIONS rSTAIeAiwS•)CONTINUED
• caused or prevented by a Face Mspure event force Mapue'ant Wales sods, extreme wester.
a earthquakes,ins,or other ads of God,unwell tran.patsbr Mad.errs,pruncbaut dvi unst or acts or
ea tandem, love mantel actions and maMebs. government ya down', topidence. or faaMsrial. Sit , by
a exercise of reasons*caged orlon.the nonperbrtNq party Is unable Whole re pertb pn ut or overcome*
a The Fora Masud event wN be dewed to has begun en the Flit day to Ned or the Form Mature prevents
an perbmrn,aperlormance,or the'salty at senkert lrasanae or requited appeals.nendS to Closing.
a Al fire prods alWOed by the Farm Mae event inducing Claiq DM,MI be extended a towable tree
a up to T days ear the Fret Malere Bent m anger prevents parbmslm wider Sire Oared:Padded hewed,
a II'MI.Fame'leisure event to p p ndes prevent pabmwm wider berraC C now than 30 hem beyondMi Closing Deb,tat eRlr party may abate this Conrad by Mares Wien Mks to the other and the Desna
a Moll be Muted b Buyer.thereby Mang Buyer and Serer fa r furl abipatlae under the Contract
ate N. CDNVETMICE: Seal shall convey merkerable era to to Res Property by rkbdsry way, beta's,
persons' repreewaiwt or gurdias See.a appraprlre b the eta of Seta soared ony b meters
as described In STANDARD A and tree accepted by Buyer. Petrel Pwprty sin. d mast of Buyer be
a nnefalled by absolute M ci sale with warranty of t&,slled fay to such matters a may be provided for In rib
a Contract
a l CIOMIG LOCATION;DOCUMENTS;AND PROCEDURE
a (I) LOCATOR Cbsip wit be concluded by the Marey or other dosing agent('Closing Agent)dada by
an the pry pa*ig for tin owner's poky al We insurance and wN take pate In to veiny Mere the Real Poverty
a is located at the office d to Cbwp Agent or et such other .. .. . . b by to pares.If sere is no Me
a Mauro,Sao wo designate 00*9 Agent Closing maybe••. . by met ovenvgle courier,or Senor*
a nee.
a (ID CLOSING DOCUMENTS: Seler 8M at r pdr to • and dewa a applicable.deed Ni d
a sole,cec te(s)fills or'ter drawee nemnay10 - Seto Property,construction lien a1bsags),
a awls possession and no an atdeM(s). and _,.. s • Set NM prodde Buyer Ms pal
a receipt'for el wok dons on to Property pawn° . • Buser yell knish and pay S.a sppimla,
is to survey,flood Seaton certification,and documents .by WW1 lender.
NO (II)RnCEN GTO REPORTING OSIJGATON. , •
a required to amply with a U.S. Treasury
am Deprs R.
tnys ... Clones Enforcement • lits. . roosting War('GTD'A then Byer
an shall provide Closing Agent alb - ..:. • s i ... . relined b Buyer at a gonadal
enanwent,Wang 1pa beadoMlm.a%'S thermxtlm cos twpaad by tin WWIIeMbh era
m mad to compete mandatory ...ugh Cunrnq Transaction Read and Buyer mats to
aim Agents mad end reprt• . to RS.
aw (h)PROCEDURE: The deed . ... upon Collection d all drip kinds. n the Title Cowhibreol
an pas retrace agree to Section 827.7841.F.S..a warded the svav cioskp
477 proceduMlplbad try ST be ' .. and Closing Agee shalt su}d%Collection oralaMwg
an funds,daurse al Closing•' ot, to Broker and the net sea proceeds to Sat.
vs J. ESCROW CLOSNG •• Tine Carsamflt Maaed Pursuant to Parser=o(P)doss rid pavis
a for insurance egainel Wens as pima under Section 827.7841. F.S.. as sne dried, the Iola{
AI escrow and dosing procedures - awry(1)N Closing proceeds yin be hold In escrow by the Wag Agent
rep for a laded d not mina than 10 Rya ytw Claim(2)if SNaes Ras a rendered unbendable,trap,no fen of
in Bays.¥ ad.wain the 10 day pea,natty Set in vetng of the dead and Set sin has 30 days Iran
as deb d rapt d such noNc&n to ante act(3)I Werra in they an the doled.the Deposit et M
a Closing bid. pets by Byer SIN. whin 5 ays We written celnerd by Buyer, be refunded to Buyer and.
a SSmyerwasy with such repayment Buyer wf Mom to Panora Prepay,vacs the Real Property and re
is, wol'to Property to Bear by special wady deed and MS sets:and(4)t Buys tis to mole Busy demob
a for refund of the Deposit Buyer NM pie rb as S.wane N ngs mat Sear a to any Wrap led
a aid hey be available to Byer byvfe d warranties mxaed in to deed r bill of sale.
re K PRORATANS:CR®R8:The Mowing reanbg twee will be nods cat(If applicable)and panda a of
to den pia to QoSig Dsls or date of occupancy If=upon°/ea bolos Closing OM reel e.Ns ass
a (b ld%medal beret tax awesome*spored by a COD pant to Chaps 190, F.S..and assessments
403 kama by special ttl*s)pusai in Oar 199,PS.).inbered bonds,awdetm fees,Irwanm,ante
aw and other imam of Property.Buyer yin has option ofteNrp over Slag poach of insurance,If aeeutaba,
a In with wait panne WI be prated.Cash at Qawp stunt be increased or&ceased as may be real
a by protatIons to be race through try pin to Closing.Athena m and seaaty decode,t any.vet be created
et to Byer.brow demote held by Sets maps wS be pin to Set.Taxes shrill to prorated based on
a Puma yeas to If Closing occurs on a dale Men current years maim Is rid Ned but anent years assessment
Sure bast Pans is Aiwa uer_
rthbeebM&aaMbela#aSa 721er02 3NYb Ream vet The!died. M M1M pled
Soft..,.aid added umbra p asnab M awed a&Ntare-.•ern. a •ISM See'ae
2000 of 2719
Exhibit A
STANDARDS FOR REAL ESTATE TRANSACTIONS('STANDARDS')CONTIMIED
as Is ave/ebb, Ws will be prorated based upon such aaeebmremt and prior yeses mu gas M current yeses
a esteemed is not avail!.,Ban taxes will be prorated on prior yeses tax. M there are cameral Improvements
a on the Real Property by Jemmy 1s of year of Oaring Mich Impmlmtalb was riot In redolence on Jenuay 1e
Nos of pna)over,then taxes shall be paled based upon prior years renege Sc at Si mutate n nt to be
a Reed upon bataeen the perks,Whip%Mob.request she be made to be Cony Properly Appreaw for en
a Nara aawahad Wing Pt beast available esnpkos.In a ram,due!Waseca shed be made br the
a nova um.losable that aid applied*harwlsd and Wier asiptlas. Ala proration based on N.
a shtmis led.l elw psdys request be reeled upon receipt of carers years tax M.This STANDARD K
sn she aaaa Cooling-
a L ACCESS TO PROPERTY TO CONDUCT APPRAISALS, INSPECRON3, AND WALX•TIMBXNBN: Seer
w shah upon reasonable intloe. proAde dabs service Sc sorest to Property b appraised Sc iepeaore,
510 indY*ng a wda-0w.ph(cc Monte W N-Maater if necessary)prior to Doling.
e1, IL IOW(OF LOSS: It after Endive Dab. far before Clolq.Popery is damaged by Ae or other aauly
nr (4'aeuly Lou')rid ant of resbsk a(Mich shall bads tat d pruning a rermwap den aged bees)does not
5a exceed 1.5%d Purdue)RIDES cost of reef/on Mat be Ni obligation d Seller ad Closing led pacsad
114 pasure to sterna of this Conrad If nitration is not completed s of CblO,a sum equal b 125%of ealbrsbd
ore ate b complete mbar(mu to exceed 15%of Purchase Rea)MI be a owwd at(wing-M sail met Or
MO rseblbn exceeds.waned emaal Seta led pry such actual costs(but.not In moss of 1_5%d Pudhase
an Rice).My mar paten aeesarad amour shed be retired b Sao.Mal al mstaaa mere 1.5%of
sit Porches*Na.Buyer ski tied to rw leis Property his It.•• • with the 1.5%or reaebe a refund d the
Sri Depose baaby raws.p Buyer Sc Sae tan l further.. .. . wider this Cared Seders is.obcao'
sea WMl reaped to tee dance by onus*a ether Mewl ... • be test of pump or removal.
sal N. 101 DICt4Mi :Mather Saler or Buyer ash to ender . .. . fig.(Saw simultaneously with
572 Closing a deferred)ads Seethe 1U31 tithe dental Code . . .the x other petty deal cooperate
In In al reasonable respects to eIeduele the - of doaanerb; provided. homier.
sec cooperaSig pry shaft Ida ro Neely a expense - Exchange.and Closing shell not be mMrpent
sea ado.rw Mended or delayed by,such Exchange.
s D CONTRACT NOT RECORDABLE; - x- NOTICE; DELIVERY; COPES; CONTRACT
527 EXECUTION:Nether this Correct m any nl• . .. recorded In any pubic or oars records.Ibis
a Contract sled be biding on,end Inure to •. • . . • • :.. and Mach reepaJM hebe a rmalaae In
a interest.Wherever the coded permits,�.�y� • .: plural and one gender end include1.No te Notice a
a delver gown by a to the attorney or co r.b broke reed slate imam)representing
any petty
MI sled be asadtive s M given by a ,4. nut be in MSc and may only be made by met
a face rilenmrntlsWh.personal. ... . Afacsimile a elector*copy deis Cant and any slgmasea
a hereon shell be career . M original.Ibis Orme may be executed by We of elaback
534 slasbs.s5bnaed • Sghles Acre ad atlw asp its Ws.
a P. INTEGRATION; •• • Contract contains the N Sc template understanding and agreement
a al Buyer and Sorer wM - .-. • , ..-•• msempsbd by brim Carrel Sc to pro aperients a
al repsebkaR sill be biting . rorSelo asses Mudd In Ws Contract.No macron to or temps
a b tisCunard share be vend or. • . upon Beyer or Seta unites h wrenp as executed by be Parke.Intended
a bbe bound by It
Ho G. WAIVER Faikaa of Buyer or Seller to art on corryirre AL or strict palcareme of,any provision of It
541 Conrad or to take adilbge of any acts under is Co*ed,stall not costllde a waiver of other jnMias or
sa Ufa.
sell R. RIDERS;ADDENDA;TYPEWRITTEN ow HANDWRITTEN PIOVaSOMt:Rem,addenda.ad typeurlaali
emu or heSwlan preplan wI card all pe1bd prams of the Catr In mad MI ban.
sew S. COLLECTION er COLLECTED:'Clads'or'Collected'meets any thence tendered or received.Including
re Depose have team actually rid In dy m/.ded and deposited In be account of Escrow Agent a Gaming
rT Alai.Closing and dleWrsment of funds and delvey al closing damns may be dleyed by Cramp Aged
su ual such snout have been Collected In Cblq Agets accounts.
w T. RESERVED.
ea U. APPLICABLE LAW AND VENUE:Tits Carped shall be mrvbsd In armdance wn Me laws of the Stale
err of Raide end venue for realer of s*pubs.%Meter by melon,matron or apron, shall lie in the
w murky hews the Red Property Is baled.
a V. FIRPTA TAX WMINIOLDMO:M a seta of U.S. mat property is a lasign person'as defined by FIRPTA,
554 Sedan 1445 or the Intend Revenue Code(•Cade')rears the buyer at the red propety to tread up Is 15%
ea of the errant reeled by the sailer on the transfer and rant to Mint amount to the Internal Revenue SaNce
WM'S Wills Pser112112 sem ban
Fb ti.(Iu4 .A930 Rea'IT 0209 Fbld•Rrlril W The Rota Sir lwia rowel
IbaI a Aar atm Woos N a laWAn1a
sobers added ImtiYna ems err la Soadys-NY aae•A•smaitesornorn•(aril rearm
2001 of 2719
Exhibit A
STANDARDS FOR REAL ESTATE TRANSACTORS(7TAIOARDV)CONTINUED
554 (IRS)Men an eempha to the required wlfdd6rig apples a the sheer has obtained a Mdsalding Certificate
era kern the IRS auvo 1 n9 a redted moors of isiltholdro.
so (I) No watodtng is required under Section 1446 of the Cade V the Sa1r is not a'Weir pemrf. Sher an
is provide proof of non-foreign stabs to Beyer by delivery of written certification sired urde penalties of envy,
so staling that Seger is not a Weipr priers and con nkp SSW.name.U.S.limner Identification number OM
r1 loan adds.(a office address,in the case of n raty).as provided fain 26 CFR 1.14e5-2(b).Otewis.,&yr
sex slid withhold the appinble percentage of the ammo,ruled by Salon the*Mar and timely remit said lends
o to be IRS.
er (11) IfSeiler is a foreign prtn and has red aMfli king Cerente from the IRS which provides kr reduced
385 a amwaed W tidsadkig In this trenadn and cantles in to Bayer by Closing.then Buyer hid withhold Vie
seer reload sun nixed.V ay,and timely wit said tads to the IRS_
e n fill) If prior to Closing St hes sutnitled a completed implication to the IRS br a Mining Cergkae and has
ass prSded to Buyer the notice napnd by 26 CFR 1.14e61(c)(2N)(B)be no W>Wddq Cann. has been
o raodnd as a:Closing Buyer WSR at Closing. Whin the appteMe percentage of to aroma nand by Seller
so n the border and.a!We.option,ether(a)rely wit the Wind funds to the IRS or(b)plas the hnt In
es escrow,et Sheds expense.era n avow/agent ssledad by Buyer end prssue t to lane negotiated by the
in pales,b be subsequently disbursed In accents web the wlvtkadkq Conn load by the IRS a remitted
sn deny to the IRS y the Sheen apptbaln is re(scted or upon km set b61 in the eeenw apimrmn.
es (iv) b the avert the net proceeds eke Selo re not sufsdsl b inset the withholding repidnnent(s) In tills
sn enaction, Seer shall deter to Byer, at Closing, tine :... .• -.Colenecessarytoad funds necessary satisfy the
vs requirement the requireni and thereafter Boyer 6 timely wr
it - finds to the IRS a @sores the ftls for
serer debisssment ki actorda s wit the kW delentSo n xi the l' ..info
se (v) Upon reniWq leads to the IRS moment to fib ST s provide Sher copies of IRS Forms
sits 8208 and B26BA as Bed. .
so W. RESERVED
so X BUYER WAIVER OF CLAM: To the anent • 4 Mora Buyer wolves any claim against Seller
Sc Nedsgs6ef cry noel nfN Leine NvvAW In re . .. tiers Contract lorry dents or defects
Sc Prlsldng b the plyskwl a..fNwx of ere ride,d Owing of this Contract and be
rag srdsepeery•discovered by the Buyer or .11, *tough under or age*M Bee Buyer. Ms
e a provision den not relay Refers . . . or . Prgsph Iog.TIW SandedX chaleadvy
w MONS
so , A TERMS
se It ADOENDI The blMq... ' neural kits Moored addenda a riders and incorporated lrt this
Ste Cads•et(ChetB .. ..
U A Cadoakwn ILder :: Drywai D X. Kick-out Cbee
❑B. Honoecers'Assn. • Canon Caned ❑ Y. Ste6Ie Mornay Approval
C. Salley Financing U Z. Buyer's Alma/Approval
❑ D. Mortgage Assumption a . Dbtlavure O AA Lkwoee Property Interest
• E. FHA Fkierddng MP. Lead Pia Disclosure(Re-1978) 0 Be. Swing ANN•Ims
F. Applied Conengen y 0 a Housing for Oder Penes 0 CC. atewLDa .County
• G. Short Sete ❑ R Rezoning San Taiq pbtrld
LI H. IMrowrwnnoM a 0 S. Leese Purchase/Lone Oran p W. Dense
❑ I. RESERVED ❑ T. PreC aq bstq Oa •ray /satin Rrrhale
LI J. Yaresneaing Act 0 U. Pat-Gering OOccupancy9 P_ d
E . CE Disosae
LI K RESERVED V. Sale of Buyer's Property
LiL. RESERVED 0 w.Bak-up Cenb.d Aaeserralrrr•aldr
B.,..r Mit Nell an SOWS IS
normassonidaansism rM.721 w'RL1 Florida Reabat awl The Nld•as MI Salt rent
tsra e r r Morn..rs or waani r o
sense we esker torrreetrl a 2424 err We aurt.gKagax A6Paes.•wwabstrmr•Ben)verses
2002 of 2719
Exhibit A
se) 10.ADDITIONAL TERM:
en Sae Web 'A•Additional Tenn Riper.Sc*.d 0refo awl mole a past Snot
no
so
ea
se
At
iW
is
to
en
gal
eN
e9
W I
O M
Y
be
S OS CWNTHt-0fFER
o 0 Setter counters Buyer's altar. EdRe �Tq'.5.
no [The reminder oftN pep .. left blank.
Pr This Contact -• . .1 en Page of1l[
F`
<4) ,
Syra Intim Pap 12 of 13 Ws IS_
ibsMlsbre?w1 .a9sa. nev.l?30209 Rasa Reelreard TI.Faro Br Al Vat n]
11110.24.471150
e .end SSS ... .Masse?Mag.O'.e*+S Aw6.t•....bestsw..mnmar
2003 of 2719
Exhibit A
eta TNIs IS INTENDED TO BE A LEGALLY BODING CONTRACT. IF NOT FULLY UNOERST000.SEEN 111E
El ADVICE OF AN ATTORNEY PRIOR TO SBONVIG.
su THIS FOIBI HAS BEEN APPROVED BY TIE FLORIDA REALTORS AND THE FLOREIA BAR
415 AppmS of Nis*ern by the Ronde Renton end The Rands Bar does not Gonadal*an odelon set wry at the
CO bone and catdbo.ns in the
Contact should be sampled by the pat In a ped0dler banm[Em. Tema and
all mldeae should be nepotteled based won M rayxtire interns, otriedives end bswahtq powho e of ail
era .Interested parsons
n. AN ASTERISK(' FOLLOWING A UNE NUMBER IN THE MARGIN INDICATES THE UNE CONTAINS ABLANK
se TO BE COMPLETED.
e l ATTENTION:SELLER AID BUYER
son CONVEYANCES TO FOREIGN BUYERS: Part III d Chapter 1392.Sedan 692.201-B32205,FIaWa Statutes.
son 2023(the'Act%In pert.RNb rd regulates be sale,purchase and miners*at certain Florida ptepertee by
or certain buyers who one associated WSt a Yorelgu cooly a(concern-.namely the Peoples Republic of China.the
M Russian Federation.the N a nt Repute.of Iran, the Dermaalic Peoples Republic of Korea.the Republic of
® Cube,the Venezuelan regila of NM&&Om,Of the Syrian Nab .KS a flu..b buy or knowingly
m sell proper&Is violation a tie Ad.
ma At One a puflS Buyer rust preside a signed oomph&with the Nryienerb of the
ate Art Sher end Buhr ate advised to seek legal counsel obligations end xatiedee under
m the Ad
CJly et Masi anti,
e, Buyer Date:
en Buyer gr Date:
OW Seer ate:
0D
tidy A.Pena
a Sea Dom'
96ehM Pow
m Burefe address for purposes of mace Sellees addesa br pnpoaes of naece
e s )700 C.nsedon Caber Wye Tees Goers Ave
RI Mall Meet-A sMtl SEMINaltalflu
as
as BROIER: Liebe°and Coopershp B,DIBrs. If ay, vaned below(collectively. Bokd). a.the Only Brokers
in ce
witted a compensation in .e Contract h the Contra Insedb b un CAgent g Sea ad hi
red
ed
err b d Closing Abend ebuae at Casty the full m p a at the brokerage
Brokers.fees es
wedgedq ro tlr edam bcok ton
asagreements with the purees and cooperative agreements between a eema
so Maned such lees horn the eeawed Made.this Csrtad shall cot ono tly soy IRS a other offer of mrgaeedon
e ra male by Sea or Listing Bow to Cooperating Blokes.
we None None
we Cooperating Seine Ant*,I any LLteq Sales Associate
err Listing WSWone Cooperating Broker,!Isty
aeon.'.cab Rice IS of N YYis lines
FNnd•ReO.FledbrAaaat Res'7/23 O zm Fbda Aetna eon The FAME a* Mreit mewl
uses e no es wen Nlbleela UMW 1ValaJMelY.m1.• maaM
so* and added fo.mae•e a doe Aa Nee Sollem•Eelhll isiemd.• pr
2004 of 2719
Agendum to Contract for Exhibit A
Residential Bel•and Pucdaee
If initialed by N pate the terms below sell to inmrpereted into Be Contract for Residential sale and Purdmse
2 betwen ASV A-wax set Sabath Pone r!•Ber)
s end Co o1 iw l aat rDuyer7
a oonpenleg the Pmpedy esabed es . . .- . . ... �. ...
e
e U LJ-( )(J U.ensign Sang Laad-Baed Paled herring Starr'Evart lasdmer
z a any Isered In residential real property on Nkd1 s mantel Ebeling was bull Islet to 1978 Is ratified that such
s property may peal ad ossa to Sad Ian Ieadbesed paid that may pieta fang taken al reit of developing lead
e poisoning.Lead poisoning In young chlklren may produce permanent neurological damage.Including hearties
10 desbL.iea,naiad Magma quotient behavioral problems,end Impaired memory.Lead poisoning also poses•
11 pa.Ccdar risk to Pregnant women.The seller a any Interest in residential real property is required to provide the
2 buyer with any Inbmntlon on lead-based paint hazards from risk assessments or Inspections in the sellers
13 pos•esdon end notify the buyer of any known lead-bassi Plot Isnrda A risk•see®nent or knpedbn for possible
e bad-based paid Nerds le boommended Pro b purchase.'Fa purposes a to addendum.lead-Need Pint MI
is be referred to es'LBP and lead-besed Pint hazards al be reared to 1BPH.'
is 1. LBPILBPH In Hewing: Seger has no knowledge of LBP the housing and no svalleble LBPABPH
17 records or reports,except as Indicated:(Be•a0e awl known A kdannadm, Mat all avNble documents
e pertaining to IBPASPH,aid provide doaeeas to Bayer Buyeh abr.)
ta
ID
II 2. flpsdon for
Plod sevNs Impaction: Buyer opportunity to conduct a risk eaeeonnM a
a inspection r sk presence e is e ee of Buyer may,witin the byname Paled,
as conduct a f Paragraph eses Obi ar I br presencetI pf LBFILIIIPHSdur in acood•nce less the
at aroviabce ac Buy r a die rns'for m Inspect s oPeum.Lhs ii.BPH and
o that
a are neetldaday to Buyer wB •-.. mom: papas of Paragraphs earn eN rn of vie
77 Contract only).
n 3. Certification of - 'veer the pamphlet entitled 'Protect your Family flan Lead in
a you hone and at a the i • ,• ' -• Si Panaapo e 1 atom.Licensee has notified Bair of Weds
a oUg•tlan to provide and ....: . r. ring leaM1N•ad peke and lead-based Pia hazards in the
m Property as required by federal (42 U.S.C. 4662d) and is aware of his or her obligation to ensure
32 w.Sart Ova, end at tenser have renewed the
gon
a above and callles,be the o iance at federal leabased�knowledge,Mal t e hibernation he she provided nIss true
e end
at 5024/15741
35
ae Buyer Data �A Pero Date
37
Buyer Deb Saes Past Din
Listing Ursa Bpebae Dab
Sang Licenses signature Dale
CAPS awrmnsh.er0�t wwl.laa101/n.bw..Y.a
an en 7 0Pn Flvl4 R.wei
tares m aetiyraneawnrhx w.w.,aba tcorn•razz)Sh1ANI
taws and W asee dlanerahh sa Mil Ale M•°fegiettllMMtaath'•°.-
2005 of 2719
Exhibit A
Exhibit A-Additional Terms Rider to"As Is"Residential Contract by and
between Rudy A. Perez and Elizabeth Perez("Seller")and City of Miami
Beach("Buyer")for Property located at 7605 Collins Avenue, Miami Beach
I. Walk-Through Insaection/Re-Inwer{jgs On the day prior to Closing, or on
Closing Date prior to time of Closing,as specified by Buyer,Buyer or Buyer's representative may
perform a walk-through (and follow up walk-through, if necessary) inspection of the Property
solely to confine that the Property has not been negatively impacted or damaged by fle or other
casualty ('Casualty Loss") that exceeds 1.5% of the Purchase Price (the "Casualty Loss
Threshold")in which event the Buyer shall be obligated to close on the purchase of the Property.
If the Casualty Loss exceeds the Casualty Loss Thmafnld then either party shall have the right to
terminate the Contact and the Deposit shall be rammed to Buyer, thereupon,Buyer and Sella
shall be released of all further obligations under the Contract.
2. open/Exoired Pits and Code Violations. Seller shall close out any open or
expired permits and correct any code violations,at Seller's so st and expense,prior to Closing.
3. Seller Real Estate Tax Escrow. Seller •• the sum of$4,000 with Escrow
Agent at Closing to be applied to the 2024 real •: a If 's prorata share of the real
estate taxes is less than 54,000 the overage shall • yy to Sella.
4. Cloei o Dale. The Closing • : I • .'thin five(5)business days following
the last to occur of the following:(a)City Co `n • •val of the Contract,(b)full execution
of the Contract by the parties and (c) t •' Commission Resolution approving the
Contract,but N any case not later 2' '024.
s9M
Page 222 of 1070
2006 of 2719
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Page 223 M 1070
2007 of 2719
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Page 224 of 1070 o.m.rr
2008 of 2719
BUYER/SELLER
SETTLEMENT STATEMENT ADDENDUM
1 Pave carefully reviewed the eebwmdd BYreere cod to W be at M legatees*nd birl.11 to her and
accunts rtY1W11 of w rWW end dleareesalle mega n my accost or by me In thle teeuewUM.l further
certify Uet I here method eed a copy el W Setawnent Steleseent.
Buyer¢)
.y et I „weic/1 . a Ilec a�ab w ll rj o tSna
ei�i pal, tls '.
Sy:
(Corporate pall C.r1�/
Shcer(5)
lady a Bent RlfJee! M1rte
Settlement Agent
The MIMMnt Steamed welch l neve Papered lea true aN✓curea axoun odds ttertmetion. I tree
caused or tall cause the fudge to be dl*uaM 11 a¢vdeic wit 1W dlamerd.
IOZAlm A. nh lTt, e.A.
p.. het
om
Needle
Ile aaMb Wbncia•nee M1YYlRnbtlialMet%bee t .la cony Code cooper I
d son yen epwetbl Nnuba line and Impede merit For details�: 1W Is us Code]ea`m tell
eel sonde tdtp.
1 Pape 225 of 1070
mason.,
2009 of 2719
Agenda Item C 7 0
Date 3-13-2g
"AS IS"Residential Contract
For Sale Md Pwchaea
This Forts HAS seta NafailOVED BV
PIE FLORIDA REALIORs AND THE FWRtDA BAR
PARTIES:Rudy A Pena and EHzahem Pans rShcnr1l
and Cry et Mlamf Beath muff().
agree that Brier shall sap and Buyer shall buy the following described Real Properly and Personal Property
(a�lecWe od��pursuam��terms and conatkru of the AS IS Residential Contract For Sale And Punium
any
a
1. PROPERTY DESCRIPTION:
(a) Street address,dry,zip:7605 Chas An Mimi Mock a 33141
(b) Located n:MfamMade County,Fi•Ide.Property Tin ID 0:013303-0040450
(c) Real Property The legal d saipticn a Let a Mork 10 Atba OW mar Nu 1 at Soak T1 Pa 40
together with ell existing improvements and Futures, inckudrg Gift-in appliances, bullt n furnishings and
attached wap.towall can/ringa m d floog(•Real Property')uriess spedficaily excluded I Paragraph 1(e)or
n by other tams of this Contract.
i (d) Personal Property Unless excluded in Paragraph 1(e)or by other terms of this Centred,the folkrering items
Mich we wined by Soper and existing on We Property as of the date of the initial offer are included in the
purchase:range(s)tnen(s).nfigerator(s),dishwasher(s).disposal.ceiling fan(s),Igor((duels),drapery rods
and draperies.blinds,window treatments.smoke deledo(s),garage door ope^a(s),the/most/Ns),doabel(s),
television well mount(s)and blunt mounting hardware,security gate and other access devises.mailbox
xo keys.and stern shutters/storm pmtedian Item and tare/rare(•Personal Property,.
n Other Personal Property ferns raided in the purchase are:
n Persona Property la included in tie Purchase Price.has no contributory value,and Yap be left for the Buyer.
24 (e) The following trims are excluded from the p rchase:
a PURCHASE PRICE AND CLOSING
2? 1 PURCHASE PRICE(U.S.Wrrency) . .. ... S 5300.00000
a (a) Initial deposit to be rid In escrow In the emoted of(checks subject to Collection) . $ 1 WO OA
ID The Initial deposit made payable and defined to'Escrow Aged'named below
a (CHECK OIE):(i)O accompanies offer or(11®is to be made Mien_(if left blank,
it then 3)days and Effect°.Date.IF NEITHER BOX IS CHECKED,THEN OPTION(ii)
o SHALL BE DEEMED SELECTED.
33 F901Tr Agent Name: Suzanne A.°pearly.PA.
34 Address.110 arrrlek Wry.143,Coral Gast FL 33134 plane'305-443-9162E4 fall
w Email: sdedockerlylaw.cem or kFfifOmdeve.core Fax: 305I416613
tis (b) Additional deposit to be defrosted to Escrow Agent within (61efl blank,then 10)$
• days after Mears Date
a (All deecdts Pak or agreed to be paid.we collectively referred to as the'Deposit')
a (c) Flaring:Express as a dollar amount or percentage(loan Amount')see Paragraph e
(d) ',her'. $
41 (a) Balance to close(not Including Buyer's doing costa prepaid0 and proration)by wire
42 transfer or other Collected hinds(Sae STANDARD S) $ 6(IS
000 00
o 3. TIME FOR ACCEPTANCE OF OFFER AND COUNTEROEVEAS;EFFECTIVE DATE
(a) If not signed by Buyer and Seller, and an executed copy dewered to all pads on or before
MArdr IS 2034 .the offer shad be deemed withdrawn and the Deposit,if any.shall be returned to
• Buyer.Unless otherwise stated,time fa acceptance of any counter-coffers shall be within 2 days after Me day
• PThe e santer.o date of this Contract ffer is defraed be the date(b)49 Initialed and dF when the Last one 48
deavered this offer or anal carter-offer(-Effective pare'. of the Buyer and Seller has signed or
w a. CLOSING;CLOSING DATE The closing of this transaction shad occur when all hinds required for closing are
si recehed by Closing Agent and Collected pursuant to STANDARD$and all dosing documents requied to be
s furnished fished by each party pursuant to tits Contrail we delivered(-Closing"). Unless modified by other pms'isarn of
Mare k7bS. Page 1&IS Sellers lnd es
FlWaReSbrY.l•}aeSr.ASISM. Rev.772302023 nabs VeakcSB end The Fkrda Pa.M rands rasrEE
9afrn we 1o1e264z4srl rm
Software end awed formatting 02024 Alta Star Software.all rights mend.•www.allaaarcam•(B17)2734SBe
2010 of 2719
this Contact the Closing alai occur on See Addition,/Tema (•Closmg Date"), at the time
• estabished by the Closing Agent.
ss 5. E%TENSION OF CLOSING DATE:
a (a) In the event Closing hens horn Sryees lender(s)are not aaaiade on Closing Date due to Consumer Financial
sr Protection Bureau Closing Disclosure dalhery requirements (CFPB Requirements'), k Paragraph 8(b) s
n dieched.Loan Approval has been obtained.and hander's undenMfrg is compete.tan Closing Date Sial be
si extended for such pedal necessary to satisfy CFPB Requirements.provided such paned shall not exceed 1
Si days.
81 (b) If an event constituting Force Majeure'causes services essential for Closing to be unavailable.Including the
unavaiabilty of utilities or'issuance of hazard,wind.flood or homeowners' uex.Closing Date ate shall be
m extended as provided'in STANDARD G.
6. OCCUPANCY AND POSSESSION:
m (a) Unless Paragraph S(b)is checked,Seller shall,at Closing,delver occupancy and possession of the Property
se to Buyer free of terenb, occupants and Mn tenancies, Also. at Closing. Seller shah have removed all
en personal kerns and trash from the Property and shall deliver all keys,garage door openers,access devices and
a codes.as qupicable,to Buyer_If occupancy is b be delivered before Closing.Buyer assumes all risks of lose
to the Property from dab of occupancy,shall be responsale and Retie for maintenance from that date,and
ro shall has accepted the Property N its existing condition as D tine of taking cccupacy.see Rider T PRE-
• CLOSING OCCUPANCY BY BUYER.
n (0) ®CHECK F PROPERTY IS SUBJECT TO LEASES)OR OCCUPANCY AFTER CLOSING.If Property is
n sailed to a lease(s)or any occupancy agreernenb(Including seasonal and stun-lemn vacation rentals)after
• posing or Is intended to be rented or occupied by Mid parties beyond Closing the facts and tame meeni
• shall be disclosed N writing by Seller to Buyer and copies of the mitten lease(s)Eel be delivered to Buyer,Si
s within 5 days after Effective Date.If Buyer determines,in Buyer's sale discretion,that the lease(s)or tens of
• occupancy am not aceptabl to Buyer,Buyer may temtlrote this Contract by deivery of when notice of such
re Sects to Seller within 5 days after receipt cf the above dams from Sala,and Buyer shall be refunded the
79 �esa Seta from aft further
oblivion
Estoppel
so eSM4 ftldevilNut be provided pursuant STANDARD .except that tenant Fcnpp Letters shall not
in be required on seasonal or short-term vecatlon rentals.If Popery b intended to be occupied by Soler after
s2 Cimino,see Rider U POST-CLOSING OCCUPANCY BY SELLER.
n 1. ASSIGNABIUTY:(CHECK ONE):Buyer 0 may assign and thereby be released from any tether Uablky under
Br this Caaad;D mayassigi but not be released from obey under Me Contract;or may not magi ths Contras
s IF NO BOX IS CHECKED.THEN BUYER MAY NOT ASSIGN THIS CONTRACT.
N FINANCING
• & MINCING:
MINCING:W(a)Ibis is a cash transaction vAth no warring contingency.
a U (b)This Contract a contingent upon,WMN (if left bed Men 3G days alter Effective Date Clow
ia Approval Poetic):(I)Buyer cleaning approval af- a UWnwntonal: FHA Li VA or Li other
• (dmcMe)mortgage loan for purchase of the Pmpety for a(CHECK ONE): D fixed.❑ adjustable,Li fixed or
n aqustade rate in to Loan Amount(See Paragraph 2(c)).at an Intel interest rate not to exceed %(if left
• bland,then prevaPhg rate tossed upon Buyer's oredtwatinem),and for a term of (t fell bank.Man 30)
a years(•Fiancing');and(2)Buyer's mortgage broker cc lender having recewed en appraisal or alternative valuation
n of the Property satisfactory to lender,If either is required by lender,which Is sulfidem to meet the terms required
is for lender to provide Fwdug for Buyer and proceed to Closing('Appraiser).
n (i)Buyer shall make appkat en for Financing within_(t let bank then 5)days after Effective Date
a and use good faith and dilgent effort to obtain approval of a ban meeting the Financing and Appraisal terms d
ge Paragraph B(bNl)and(2).above.('Loan Approval')within the Loan Approval Peeled and.thereafter.to cam Ills
so Gonad. lot Approval witch requires Buyer to sell War real popery shall not be considered Loan Approve
ICI unless Rider V is attached.
102 Buyer's failure to use good faith and®gent elks to obtain Loan Approval doing the Loan Approval Period snail
nos be mnsdeed a default ceder the tents of tlrm Contract For purposes al this provision. digent eftrr IrrLdes,
lat but is not limed to,timely hrrke hg all documents and infanstion requied by Buyer's mortgage broker and lender
to and paying for Appraisal and other fees and charges N connection with Buyer's application for Finanorg.
toe (ti) Buyer shaft upon written request, keep Seller and Bike ivy marred about the stews of Buyees
tot mortgage loan application,loan pocessig,eppresal,and Loan Approval,inducting any Property cohered condkks s
has of loan Approval. Buyer authorizes Buyer's mortgage broker,larder,and Closing Agent to dlecl se such staters
Buyers kxtiek_ Pge1a13 Scums Mrvls
FlarSeallOrsP,ndeBel-ne 6x Rs ri,231B 2023 BlondeRW ere Y e Harty Bs. Alnefp reamed refo .
earners era Mead fwmaain°p 202e Ma Stu software.w rights reserved.•ww.ahonr.cam•(en)ztalefe
2011 of 2719
so and progress and release preliminary and finely exerted closing disci sures and settlement statements, as
no appropriate and Moved.to Seller and Broker.
iii (th)if within the Loan Approval Period.Byer obtains Loan Approval.Buyer shall notify Seller of same in wring
„2 pnarto expiration of the Loan Approval Period:or,If Buyer is unable to obtain Loan Approval within Loan Approval
113 Period but Buyer Issatisfiedwith Buyer's ablly b obtain Loan Approval and proceed to Closing.Buyer shall deliver
71
4
written nonce to Seller confirming sane.pea to the expiration of the Lean Approval Paled.
(N)If Buyer Is unable to obtain Loan Approver within the Loan Approval Period,a Carrot timely meet the
we tame of Loan Approval.al ale the exercise of good faith and diigent effort Byer may termnale this Contract by
ttl delivering written notice of termination to Seller pia to expiration of the Loan Approval Period;whereupon,provided
es Buyer is not in default under the terms of this Caniru9.Buyer Mall be refunded the Deposit thereby releasing Buyer
es and Sella from all further obligations under this Contract.
(v)I Buyer fails to timely deliver any written race provided for in Paragraph B(b)(lI)or(iv),above,to Soler
prior to expiation of the Loan Approval Period.then Buyer shell proceed breadwith M u Conti ct as though
a Paragraph B(a),above.had been checked as of the Effective Dale;prodded,however,Seler may elect to terminate
in lie Contract by delivectg written notice of termination to Buyer within 3 days after expiration of tie Loan Approval
le Pend and.podded Byer Is not in default ceder the tom of this Contract Byer shall be refunded the Deposit
tm thereby releasing Buyer and Seller from all further obligations under NIe Contract
,a (An)If Buyer has timely provided either written notice podded for In Paragraph Milli), above,and Buyer
.n thereafter fails to close the Contract.the Deposit shall be paid to Seller unless failure to dose is due to.(1)Seller's
las default a nabmty to satisfy other contingencies of this Contract or(2)Property related conditions or the Loan
,a Approval(specifically exduSrg the Appraisal valuation)have not been met unless s such conditions are waived by
130 other provisions of the Contact;in whim event(s)the Byer shall be refunded the Deposit thereby releasing Buyer
131 and Seller from all further odlgations under this Contract
in 0 (c)Assumption of existing mortgage(see Rider D for tans)
to 0 (d)Purchase money note and mortgage to Seller(see Rider C for teem),
,p CLOSING COSTS,FEES AND CHARGES
136 9. CLOSING COSTS;TITLE INSURANCE;SURVEY;NOTE WARRANTY;SPECIAL ASSESSMENTS:
tE (a) COSTS TO BE PAID BY SELLER:
137 •Docrmenary stamp taxes and surtax on deed,If any •MOA(Condaninum Association estoppel fees
is •Owner's Policy and Charges(l Paragraph 9(cxi)is checked) •Recording and other fees needed to cure title
is •Title search charges Of Paragraph 9(c)(i)Is checked) .Seller's attorneys'fees
wo •Municipal lien seam(if Paragraph g(c)0)a Olt is decked) •Other.
el •Charges fa FIRPTA withholding and reporting
142 l.r ti' PS ,A". tea'A ..... . a .- b a' " / ,t.
' .1 -ice Ix, - 1 6 " ra
' g Ni.146 (b) COSTS TO BE PAID BY BUYER:
Taxes and recording fees on notes and mortgages •than expenses
le •Recording fees fa deed and financing statements •Appraisal fees
tga -Owner's Policy and Cna9es(ifPaagraph 9(cxii)S checked) -Buyer's Inspections
tun •Survey(art elevation certification,If reguked) •Buyers attorneys'fees
Lender's title policy and endorsements •Ail ...ty related insurance
led •ROA/Cordomnium Association appiratioNbwsfer fees •owner's Policy Premium(if Paragraph
to •Municipal Den seam(If Paagapn 9(c)(i)s wed ed) 9(cxili)le checked)
OV,er v (c) TITLE EVIDENCE MID INSURANCE:At least (ifleft dank then 15,or ffParagraphPagraph B(a)is decked.
Isethen 5)days poor to Closing Date('Title Evidence Deadline),a title insurance oomfebnent issued by a Fonda
/57 licensed Me insurer, with legible copes of instruments hated as exceptions attached thereto (Title
se Ca ntrnent')and,after Closing,an oasts policy of title insurance(see STANDARD A for terms)shall be
se obtained and delivered to Buyer.If Seler has an owner's policy of title insurance covering the Real Property.
so Seller Mall furnish a copy to Buyer and Closing Agent within 5 days after Effective Date.The owners title policy
re penury idle search and dosing services(collectively,"Owner's Policy and Charges")shall be paid,as set
162 forth below.The title assurance Ixemium charges for the amens porky and any lenders policy will be calculated
163 and abraded in accordance with Fbride law,but may be reported differently on certain fedeSly mandated
tea dosing disclosures and other closing documents. For purposes of this Centred•mundpal len search'means a
ewers Wee Pape I of 13 Severs Mats _
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Ica search of reorder necessary for the owners policy of He insurance to be issued with exception for unrecorded
tea hens imposed pursuant to Chapters 153.159 Cr 170,F.S..In favor deny gone mmenta body,eutoriy or agency.
her (CHECK ONE):
a (I)Seler shall designate Closing Agent and pay for Oemers Policy and Charges,end Buyer shall pay the
lea prernlan for Buyers lefties policy and charges for closing services related to the lenders policy,
in endorsements and ban dosig, whM amounts shall be paid by Buyer to posing Agent or such Her
In povider(s)as Buyer may select or
in ❑ (Il Buyer shall desolate Cloeeig Agent and pay for Owners Policy and Charges and charges for closing
in services related to Buyers(antlers Fairy.endonenenls and on dosing;or
in M(Ili)(MWMIDADE)BROWARD REGIONAL PROVISION]:Buyer shell designate Closing Agent.Seler shall
in furnish a copy of a prior owners policy of Idle lomxance or other evidence of tie end pay fees for. (A)a
us wMreation or update of such MN evidence,which is acceptable to Buyers lobe Insurance undetwller for
in reissue of coverage:(B)tax search;and(C)municipal Nen search.Buyer sham obtain and Pay for post-Closing
lie continuation and premium for Buyers owner's policy,and if applkaSe,Buyer's lenders policy.Seller shall not
in
be oblgated to pay more than$ (if let',Lank,then$200.00)for abstract continuation or tea
dearth ordered or perfumed by Closing Agent_
ter (d) SURVEY: N least 5 dais prior b Cloeeg Date, Buyer may, at Buyers expense, have the Real Property
surveyed and certified by a registered Florida surveyor
(•SuY). If Seller has a nanny covering the Real
® Property,a copy shall be fumished_th Buyer and ClosIr Agent*thin 5 days after Effective Dale.
ors (e) HOME WARRANTY: N Closing.u Buyer D Seller®® N/A she pay ter a home warranty plan issued by
ore at a cost not to exceed$ .Aherne
Ns warranty pis provides for repair or replacement of many of a homes maharani systems and major bum -in
to appliances in Me event of breakdown due to nonral wear and tea dudng the agreements warranty paled.
IR (f) SPECIAL ASSESSIENTS:At Closing,Seler steal pay:(i)the full amount of liens imposed by a pudic body
nor (•public body does not etude a Cmdwninium or HomeOwers Association)that are certified,confirmed and
ilf ratified before Closing;and(ii)the assent or the pubic bodge most recant eStenate or assessment for an
191 eprovement which a euba(angaly complete as of Effective Date. but that has not ratted in a Hen bang
isz mposed on the Property before Closing.Buyer shall pay al other assessments If special assessments may
ion be paid in instalments(CHECK ONE):1st 0 (a)Seller shall pay Closing and_
getalmects prepaid or dueaf Installments
year of Closing g shall be prorated.shall pay ise estalmenls due after Closing.
e X(h)Seller shel pay,in full prior to or at the lime of Closing.any assessment(s)allowed by the pudic body
ei to be prepaid.For any assessment(s)which the putt body does not allow prepayment.OPTION(a)shall be
Igo deemed selected for such assessmergs).
in IF NEITHER BOX IS CHECKED,THEN OPTION(a)SHALL BE DEEMED SELECTED_
IXIles Paragraph 9(f)Shall not apply to a specs benefit ex Fen imposed by a communiy de topMent district
mi ap to Chapter 190, F.S., or special assess/gangs)
by pursuant to
nor Chapter 189.F.S., ben(s))or assessment(s)shall prorated pursuant to STANDARD K.
203 DISCLOSURES
w 10.DISCLOSURES:
205 (a) RADON GAS: Radon is a nanardly ocamng radioactive gas that,when ii is accumulated in a building in
nor sufficient quantities,may present health rigs to persona who are exposed to It over time.Levels of radon that
207 exceed federal and state guidelines have been found in buildings in Fonda.Additional information regarding
x radon and Hung M
radon testing may be obtained from your nd health deperent.
e (b) PERMITS DISCLOSURE:Except as may have been disclosed by Sher to Byer in a written disclosure.Seller
2w does not know of any improvements made to the Property which were made without reamed permits or made
211 pursuant to permits which have not been properly closed or otherwise disposed of pursuant to Section 553.79,
/12 F.S.M Seller identifies permits which have nol been closed a'mprovenene which were not nermheed,then
211 Seller shel promptly deliver to Buyer all plans.widen documentation a other infomelion in Selers possession.
214 knowledge,or control reLstIng to improvements In the Property which are the subject of such open pem1 5 or
ens urpemited improvements.
ns (c) MOLD:Meld is naturaiy occurring a ats M concerned rrey cane tre risks or damage to prace .If Buyer is mcerned or
217 m dearer additional inlomwtbn regarding mold,Buyer sbwb contact an appropriate professional.
779 (d) FLOOD ZONE; ELEVATION CERTIFICATION:Buyer is advised to verify by elevation certificate wtidi flood
779 zone the Property is in,whether flood insurance is required by Buyer's lender,and what restrictions apply to
In improving the Property and ebuildng in the event of casualty.If Property is in a'Special Flood Hazard Nee
aden Meet Page 4 M13 xwen eNw
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22. or"Coastal Bamer Resources Act'designated area or otherwise pate iced eras identified by the U.S Fish and
222 Wildlife Service under the Coastal Barrier Resources Ad and the lowest floor devatbn for the buildirg(s)an hor
221 Mod lest nanCe rating Purposes is below minimum flood elevation ors welgthie for flood insurance coverage
through the National Flood Insurance Program or private flood insurance as defined in 42 U.S.C.§4012a,Buyer
223 may to innate the Contract by delyenng written notice to Soler within (H left dank.then 20)days after
as Effective Date,and Buyer Mall be refunded the Deposit thereby releasing BIN&and Seller from al father
227 odigatiors under this Contract falling whl& Buyer accepts existing elevation of buildings and flood zone
Zee designation a Property.
m (e) ENERGY BROCHURE:Buyer acknowledges receipt of Florida Energy-Efficiency Rating Information Brochure
n required by Section 553.998,ES.
ni If) LEAD-SA.4ED PAINT: If Property includes pre-1978 residential teeing, a lead-based paint disclosure is
2s mandatory.
ye (g) HOMEOWNERS' ASSOCNTIOMICOMMUNTTY DISCLOSURE: BUYER SHOULD NOT eGCUTE THIS
ar CONTRACT UNTIL BUYER HAS RECEIVED AND READ THE HOMEOWNERS
as ASSOCIATION/COMMUNITY DISCLOSURE.IF APPLICABLE.
(h) PROPERTY TAX DISCLOSURE SUMMARY:BUYER SHOULD NOT RELY ON THE SELLER'S CURRENT
PROPERTY TAXES AS THE AMOUNT OF PROPERTY TAXES THAT THE BUYER MAY BE OBLIGATED TO
236 PAY IN TIE YEAR SUBSEQUENT TO PURCHASE. A CHANGE OF OWNERSHIP OR PROPERTY
2s IMPROVEMENTS TRIGGERS REASSESSMENTS OF THE PROPERTY THAT COULD RESULT IN HIGHER
NO PROPERTY TAXES. IF YOU HAVE ANY QUESTIONS CONCERNING VALUATION, CONTACT THE
241 COUNTY PROPERTY APPRAISER'S OFFICE FOR INFORMATION.
242 (I) FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT(*FIRPTA"):Seller shal inform Buyer in writing if
243 Seler le a"foreign person'as defined by the Foreign Investment in Reel Property Tax Act('FIRPTA').Buyer
2« and Sher stall comply with FIRPTA,which may require Seder to provide additional cash at Closing. If Seller
245 is not a'foreign person'.Selz can provide Byer,aloe pear to Owing.a certification of nmforelgn ebbs
24. under penalties of perjury,to inform Byer and Closing Agent that no withholding I required.See STANDARD
247 V for further information partaking to FIRPTA Buyer and Seller&e advised b seek legal counsel and tax
2411 advice regarding their respeotve rghls, oblgatias. reporting and withholding requirements pursuant b
FIRPTA.
m M
24 g) SEER DISCLOSURE:Seller knows of no fads materially affecting the value the Real Properly which are
251i not readily observable end which have not been disclosed to Buyer.Except as provided for in the preceding
A,u..Seller extends and Mends no rMnany and makes no representation of any type,either express a
as implied,as to the physical condition a dsbry of the Property.Except as otherwise disclosed in wdong Soler
has received no written a verbal notice from any gavemrrental entity or agency as to a cunenfy uncorrected
2ss buaarg,environmental or safety code vitiation.
Zee PROPERTY MAINTENANCE,CONDIT ON,INSPECTIONS AND EXAMINATIONS
257 11.PROPERTY MAINTENANCE: Except for ordinary wear and tea and Casually Loss, Sella shall maintain the
ere Pngay,including,but not limited b,lawn.shrubbery,and pod,in the condition existing as of Effective Date CAS
259 IS Maintenance Requirement'").See Paragraph 9(a)for esaow procedures,if applicable. •
tad 12. PROPERTY INSPECTION;RIGHT TO CANCEL:
261 (a) "irPC.." ilie^r.,B.._ ..y y_•.T'B Ma...._� " • '' "' (... 11+ _ . .,)
a2 .. .. . P ._. `..
perfO nlad a Buyer shall desire during the Inspection Period.If Buyer determines,1 sole
2c sscntion,Met the Properly to not acceptable to Buys.Buyer maytem/natee C by delivering
ms written notice di such election to Seller prior to expiration of n Pedal If Buyer Stele
gaminess this Contract the Deposit paid shall be n .thereupon,Buyer and Sanr shall
nu M roared of WI Mhos obligations under o('however, Buyer Mae be responsibM yen
ere prompt payment for such lrtsp of damage to,and restoration of,the Property resulting
zee from such inspectlas, Sent withpaidreceipts for all work done on the Property(Me
270 preceding survive termination of this Contaco. Unless Buyer exercises the right b
rn herein,Buy+r accepts the physical condition of the Property and any violation of
zn wmmental.building,environmental.and safely codes,rshktlons,or requirements,but subject to
ssG ' . � � ,
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22e (b) vw,.. --tar—" ,. /276 •
in erne of Closing.as specified by Buy Buyer or Buyer's representative may perform a wall- and
277 folbw-up walk-through, if mince Yy)Inspection of the Property solely to confirm 1 hs of Personal
s Property are an the Property and to verily Nat Seller has maintained the as required by the AS IS
09 Maintenance Requirement and has met all other contractual obi '
2a (c) SELLER ASSISTANCE AND COOPERATION INC BUILDING PERABTS:1f Buyer's inspection
zel of the Property identifies open or needed - its,then Seller shall promptly deliver to Buyer al plans,
2.2 written documentation or other on is setter's poeaeesbn, Mete. or control relatng to
23.1. improvements to the INh are the subject of such open or needed permits, and shall Namely
284 cooperate ih wtth Buyer's etorb to obtain estimates of repairs or other work necessary to resolve
AZ ues.Sales obligation to cooperate shall include Satin's execution of necessary authorizations.
206 sents.or other documents necessary for Buyer to conduct Inspections and have estimates of such repairs
a al.PletreNRN.
me (d) ASSI3NNENT OF REPAIR AND TREATMENT CONTRACTS AND WARRANTIES:At Buyer's option and
rest.Seller wN.at ClOsig,assign all assignable repay,teatment and maintenance contracts and warranties
nh to Buyer.
292 ESCROW AGENT AND BROKER
Ns 13. ESCROW AGENT:Any Closing Agent or Escrow Agent(collectively"Agent')receiving the Deposit other funds
2s: and otter items is authorized,and agrees by acceptance of them,to deposit them promptly,hold sane in eecrvw
ter within the State of Fodor and,subject to Collection,disburse them in accordarcewith bras and corditims of this
Zs Centred.Failure of funds to become Collected Sial not excuse Buyer's performance.When conflicting demands
an for the Deposit are received,or Agent has a good faith doubt as to entitlement to the Depoar.Agent may take such
se adore permitted by this Paragraph 13,as Agent deems advisable. If in doubt as to.gene's duties or IsbBtes
299 under this Contract,Agent may.at Agent's option,continue to hold the subject matter of the escrow until the parties
303 agree to ih dsbuaement or until a final judgment of a mud of competent juisdictun shell determine the rgMs of
391 the parties,or Agent may deposit same with the clerk of the circuit court having jusudbn of the dispute An
m attorney who represents a party and also acts as Agent may represent such party in such action.Upon notifying an
so penis concerned of such action,and lability on the pan of Agent shag fully terminate, except to the extent of
304 accenting for any items previously delivered out of esaow.If a licensed me estate broker,Agent will corns*w*
am provisions of Chapter 475,F.S.,as amended and FREC riles to timely resolve escrow deputes through gh mediation.
xis arbitration,btapleader or an esaov disbursement cider,
o7 In any proceeding between Buyer and Seler wherein Agent is made a pare bemuse of acting as Agent hereunder,
re or In any proceeding where Agent interyleads the su*lect matter of the escrow.Aged shall recover reasonable
309 atdneys fees and costs insured,to be paid pursuant to court order out of the escrowed funds or equivalent.Agent
391 dell not he liable to any party or person for min-delivery of any escrowed Items.less such rds'delHery k due to
311 Agent's wilful beach of Ms Contract or Agents goes negligence. This Paragraph 13 shall suMve Closing or
312 lamination piths Contact.
• 14. PROFESSONAL ADVICE;BROKER LIABILITY: Broker advises Buyer and Seller to verify Property sandhogs.
3-9 square footage,and al other facts and representatide made pursuant to this Contract and to consult appropriate
rs professionals for legal.tax,environmental.and other specslbied advice concerning matters affecting the Property
316 and the transaction contemplated by this Contact Broker represents to Buyer Nat Broker does not reside on the
3,7 Property and that all representations(ora,written or otheadse)by Broker we based on Selo repreaenttiore or
public records. BUYER AGREES TO RELY SOLELY ON SELLER, PROFESSIONAL INSPECTORS AND
qs GOVERNMENTAL AGENCES FOR VERIFICATION OF PROPERTY CONOTOIA SQUARE FOOTAGE AND
am FACTS THAT MATERIALLY AFFECT PROPERTY VALUE AND NOT ON TIE REPRESENTATIONS(ORAL,
321 WRITTEN OR OTHERWISE) OF BROKER. Buyer and Seiler Omen/dually, the -indemnifyk9 Party') each
an Inckvidually indemnifies. holds hambss. aid releases Broker and Broker's officers, dkenters. agents and
reasonable
fees at
m all levels.suffered or inured bony Broker s or ardBrake ss officers,directo,inclusting al costs and rs,
Ses,�employees in connection was
An or arising from darts, demands or causes of action Instituted by Buys or Salter based on'. B) inaccuracy of
3213 information provided by the Indemnifying Party or from pudic made:(n)IMemifying Partys msMtabmed(s)Or
IV felkjre to perform contractual obligations;Oil)Broker's performance.at Indemnifying ParrtVs request.of any task
toe beyaM the scope of semces regulated by Chapter 475, F.S., as amended, including Boker's referral,
329 recommendation or retention of any vendor for, or on behalf of. Indemnifying Perry', (r) product; or services
an provided by any such vendor for,or on behalf of.Indermiseng Party and(v)expenses insured by and such vender.
guyen Idyy Page O Wee Serene Made
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2015 of 2719
or Buyer and Seller each assumes full responsibility for selecting and compensating Thar respective vendors and
an paying their other costs under the Contract whether or not this transaction closes.The Paragraph 14 will ma relieve
In Broker of sabory obligations under Chapter 475,F.S.. as amended.For purposes of the Paragraph 14,Broker
sw will be treated as a party la this Contract.ThB Paragraph 14 shall suMve Casing or termination of this Contract
as DEFAULT AND DISPUTE RESOLUTION
re 15.DEFAULT:
ssl (a) BUYER DEFAULT: If Buyer fails, neglects or refuses to perform Buyer's obligations under mile Contact.
re including Payment of the Deposit'within thetwne(s)specified,Seller may elect to recover and retain the Deposit
ne for the account of Seller as agreed upon liquidated damages.mreideratdn for execution of this Contract and
340 in full settlement of any dome,wfvahpon Buyer and Seder shell be relieved from all further obligations under
341 this Contract d . 1 "1 l wefeeeelleYsb
342 rib ,.r Y. ,.
343 / , ' ;`. � . . r . ? r . f344 �'. .
345 (p) sFl I FR DEFAULT: If for any reason other than allure of Seler lo make Sellers rite marketable alter
se reasonable diligent effort,Seller falls,neglects or refuses to perform Settees obigations under this Contract.
30 Buyer may elect to receive return of Buyers Deposit wither thereby waiving any action far damages resulting
9Ie from Seders breech, and.pursuant to Paragraph 1S.may seek to recover such damages or seek spec'&
performance.
sso The Paragraph 15 shall survive acting or tennstion of this Contract.
351 18.DISPUTE RESOLUTION: Unresolved controversies. delms and other matters In question beMaen Buyer and
au Seller arising ad of,or relating to,this CAltrafor its breach,enforcement re interpretation?Dispute,will be settled
su as blows:
'sr (a) Buyer and Seller will have 10 days after the date correcting demands for the Deposit are made to attempt to
355 resolve such Dispute,feting which,Buyer and Seller shell submit such Dispute to mediation under Paay zii
re 16(b).
a (b) Buyer and Seller shell attempt to settle Disputes in an amtade menmkr through mediation pursuant to Flc lea
35.3 Rules for Certified and Court-Appointed Medabrs and Chapter 44,F.S..as amended(the"Mediation Rules').
use me mediator must be certified or must have experience in the real estate industry.Injunctive relief may be
WI sought ahead first eaep6lng with this Paragraph 16(b).Disputes not settled pursuant to this Paragraph 16
x'. may be reeked by lns111Wng action in the appropriate curt having jurisdiction of the manor lots Paragraph
IS Mal survive Closing or termination of this Contract
• 17.ATTORNEY•S FEES;COSTS:The parties cud spit equally any mediation lee Marred in any mediation permitted
oar by this Contract,and each party will pay that oven mets avenue and fees.including attorneys fees.incurred in
sac conducting the mediation.In any litigation panted by ths Contrad,the pr vaiNg parry stall be entitled to recover
350 horn the mnprevalirg party costs and fees, Induckng reasonable attorneys fees. incurred In conducing the
a fitigaton.This Paragraph 17 shall suMve Closing or termination of this Contract.
se STANDARDS FOR REAL ESTATE TRANSACTIONS("STANDARDS')
303 18.STANDARDS:
370 A.TRLE:
371 (I) TITLE EVIDENCE; RESTRICTIONS; EASEMENTS; NAITATIONS: Ware' the time period provided in
an Paragraph 9(c),the The Commitment,with legrte copes of insau ants listed as exceptions attached thereto.shall
an be issued and delivered to Buyer The Title Commitment shad set forth those matters to be discharged by Seler at
m, or before Closing and shall provide that upon recni rg of the deed to Buyer,an owners policy of tie insurance
ere n the amount of the Purchase Price,shall be issued to Buyer insuring Buyer's markeade the to the Rea Property,
an abject ore to the following meters:(a)comprehensive land use plans,zoning,and other and use restrictions,
an prohibitions and requirements imposed by governmental authority;(b)restitutions and mattes appearing on the
an Pat or otherwise cormnn to tie subdivision;(o)outstanding oil,gas and mineral rifts of record without right d
an entry:(d)upatted pubic utility easements of record(located contiguous to real property lines and not more than
]al 10 fee in width as to rear or from bled and 7 1/2 feel In Width as to side mesh,(e)taxes for year of C Mkg and
151 subsequent years;and(I)assumed mortgages and purchase none/mortgages,if any(If additional Hems.attach
ya addendum);provided,that,none prevent use of Property for RESIDENTIAL PURPOSES.If there exists at Cbsirg
303 any violation of items dentfied In(b)- (0 above,then the sans shad be deemed a tire defect Marketable title shall
air be determined acceding to appirabl Title Standards adopted by authority of The Fbrida Bar and in accordance
pt Well lax.
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STANDARDS FOR REAL ESTATE TRANSACTIONS("STANDARDS")CONTINUED •
305 (ii) TITLE EXASUNAT1ON:Buyer shall have 5 days after receipt of True Commitment to examine it and notify Safer
at In veiling spec dying defeats),t any.that render title unmeritede.If Seller provides Title Commitment and it e
ne deliaered b Hofer less than 5 days Cana to Chang Date,Buyer may extend Closing for up b 5 days after data of
an receipt to examine sane in accordance with this STANDARD A.Safer shall has 30 days Moro Period')ether
we receipt of Buyer's notice to Iake reasonable cibg nt efforts to remove defects If Buyer fah to so nay Seater.Buyer
391 shall be deemed to have accepted ale as It than Is.If Seta cores defects within Cure Period Seler will delver
tetra hake to Buyer(vM.proof d ore acceptable b Buyer and Buyers attorney)aril the parties wil dose the
313 Cannel m Can Cloning Date(a 1 Closing Date has passed,withal 10 days after Buyer's receipt of Sellers race).If
3.4 Senn is unable to cure defects whin Cure Period.tan Boyer may,within 5 days alb aroiapn of Cure Paled,
>A delrerwdllen notice to Seller)a)exbrdig Cure Period for a specified period not to exceed 120 days within which
sat Sala shag continue to use reasonable digent effort to remote or are the defects(-Extended Cure Pete);a
as (b)electing to accept rile with existing defects and dote the Contract on Closing Date(or if Closing Date has
Ise passed,within the earlier of 10 days after end of Evened Cure Period or Buyer's receipt of Seders notice),or(c)
as electing to terminate this Contract and receive a refund or the Deposit,thereby releasing Buyer and Seller horn all
no further oblgatans under this Contract If afar reasonable diligent effort Sands unable to timely cure defects.and
m Buyer dose nal wave the defects,Ns Contrail Mall emanate,and Buyer shad receive a refund of the Deposit,
402 thereby releasing Buyer and Selo from all further obligations abler the Contract
ism EL SURVEY: If Survey discloses encroachments an the Real Property a that Improvements located thereon
a encroach on setback lines,easements.or lands of others.or violate any restrictions,covenants, or applbable
ies governmental regulations described n STANDARD A gXa).(b)or(d)above,Buyer shall deliver written notice of
a such matters,together with a ropy at Survey.to Seller within 5 days ter Buyees receipt or Survey.but no War
an than Closing. If Buyer limey*Ina such notice and Survey to Seller.sod]matters denMed in the ncOce and
ice Sway sal constitute a the defect. 'I •(. ���• ••••••� .R Seller has defwereda
prior survey,Steer sal,at Buyers request®®cute an affidavit of'no change'to the Real Property since the
410 preparation of such prior survey,to the exert the affirmations therein are true and coact
411 C. INGRESS AND EGRESS:Selo represents that there Is Ingress and egress to the Real Property and bite b
nx the Real Property is imaade in accordance with STANDARD A without exception br lack of legal right d access.
411 D. LEASE INFORMATION: Soler anal,at least 10 days prior to Closing.tarnish to Buyer estoppel letters hoes
in tanant(syo cupent(s) spedylg nature and duration of occupancy. rental rates advanced rent and security
es depcats paid by anaa(s)a oavPan*5WE5bp4a Leter(s/).If Serer is unable to Obtain such Estoppal tenons)
the same information shall be furnished by Seiler to Buyer within Baal tyre period intte font of a Seller's afnd Wawa417
and Buyer may thereafter contact tenant(s)or occupant(s)to wnfnn such infomada. If Estoppel Leter(s)of
are Sellers afedwrt,if any,defer materially from Seler's representations aid leases)provided pursuant to Paragraph
she 8,or if terec(Syocc'apsnt(s)fail or refuse to confirm Seders acing,Buyer may dearer written notice to Seller
Co withinwithinch 5 days after receipt of su Information.but no later ten 5 days prior to Chang Dab, terminating this
CI Contract and receive a refund or tee Deposit thereby releasing Bury and Seller from all further obligations under
axe tea Contract Seller anal.at Closing,deliver and assign al leases to Buyer who shall assume Seller's odgabons
423
tlhareuhder
w E. LENS: Sailer shall furnish to Buyer et Closing an affidavit attesting (i) to the tame of any financing
es sbltenant.dears of lien or potential Gems lateen to Seller and(e)that there have been no improvements or
no rapers to the Real Property for 90 days immediately precedig Closing Date. If the Real Piaxerty has been
427 innpavad a repaired within that time,Seler dal deliver releases or waivers of axrsbudion lens executed by all
• general contractors, subcontractors, suppliers and rratenalmen Si addition to Seller's lien affidavit setting forth
w names of all such general contractors,subcontractors,suppliers and mateialnen.fabler afNming that all daxgee
oo for Improvements or repairs with could serve as a basis for a aicstixfon ten or a claim for damages have been
4.31 pad or yell be paid at Closing.
F. TYE:The b of the essence In this Contracts.Calendar days,based on where the Property Is located,shad
ua be used In computing done periods.Other then tine for acceptance and Effective Data as set forth Si Paragraph 3,
434 any time periods provided for or dates specified In the Contract whether preprinted. haMwdaan,typewritten or
us Inserted herein.which shall end or occur en a Salu day. Sunday. national legal pubic holiday(as defined in 5
• USG.Sec 6103(a)).or a day on which a national legs public INiday is observed because It tel on a Saturday a
err Sunday,shall edend to the next calendar day which Is not a Stanley.Sunday,national legal pudic holiday,a a
ua thy on which a national legal public holiday is observed.
w G. FORCE MAJEURE:Buyer or Seller anal not be required to exercise a perform any nit or obligation under
uo ells b Contract or be liable lo each other fa damages so long es en
the awibbilty of services apPov ntal to Curing.rfo Its
rr, obligation, disrupted.delayed.
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STANDARDS FOR REAL ESTATE TRANSACTIONS)'STANDARDS")CONTINUED
40 caused or prevented by a Force Majeure event. 'Face Majeure'means. hurricanes, floods, extreme weather,
.n earthquakes,fres,or other acts of God,unusual banspo'0tun delays,wars,insurrections,civil unrest,or acts of
on terrorism. govenvnental wakens and mandates, government shut downs, epidemics, or pandemics, which, by
es exercise of reasonable diligent effort the non-pedaiing party is unable in while or in part to prevent or overcome.
us The For Majeure event wil be deemed to have begun on the first day the effect of the Force Majeure prevents
447 performance,non-performance,or the avagadlity of seMces,insurance or required approvals essential to Clcdng.
us NI lime periods affected by the Force Madame event indudng Closing Dale.will be extended a reasonable time
ma up to T days after the Force Majeure event no longer prevents performance under this Contract:provided,however.
ore If such Force Maeure event avenues to prevent performance under ths Contract more than 30 days beyond
451 Closing Date,then either party may terminate this Centred by delivering eaten notice to the other and the Deposit
452 shall be refunded to Be,uy thereby releasing Buyer ed Seller horn ell further obligations under this Contract
w N. CONVEYANCE: Seger shall convey marketable title to the Real Property by elesism'warrenty. trustees,
454 personal representative's, or guardian's deed, as apprapate to the stains a Seller, subject only to matters
es described in STANDARD A and those accepted by Buyer. Personal Properly shag. at request d Buyer, be
ms transferred by absolute bin d sale vAth warranty of title,subject only to such matters as may be provided for in this
45/ Contract 'Special
ace L CLOSING LOCATION;DOCUMENTS;AND PROCEDURE:
es (i) LOCATION:Closing wit be conducted by the attorney a other dosing agent("Closing!gent')designated by
CO the party paying for the chimers poky of tied insurance and wit take place in the county where the Real Properly
eh is boned at the office of the Closing Agent.a at such other locator agreed to by the patios.If there is na title
ez insurance,Seller will designate Closing Agent.Closing may be conducted by mail,overnigthl courier,or electronic
ea
means.
es lip IN CLOSG DOCUMENTS:Seger shag at or prior to Closing,execute and deliver,asapplicable,deed,bill of
es sale,certificate(s)e(s)d titleor other documents necessary to transfer hue to the Properly,mml con lbn aflkdavtt(s),
a amens possession and no len affIdeagsl, and asslgnmengs) of leases. Seer shin provide Buyer with pad
it, receipts for al work dam on the Property pursuant to this Contract.Buyer Nan Nmeh and my for,as applicable,
rot the survey,flood elevatbn certification,and documents ramrod by Buyers lender.
es (IN FTnCE N OTO REPORTING OBLIGATION. If Closing Agent is required to coflpY with a U.S. Treasury
rm Deesar ea's Financial Crimes Enforcement Network("FnCEM)Geographic Targeting Order(GTO1,then Buyer
471 than provide Closing Agent with essential information and documentation related o Buyer and its Beneficial
472 Owners. including abaci identification, and rested to the transaction conternplated by the Contract Mil,are
m required to complete mandatory reporting. inching the Currency Transaction Report and Buyer cases to
' Closing Agents colection and repot of said information to IRS.
. (iv)PROCEDURE: The deed Nall be remNed upal Collection of all dosing funds. If the Tito Commitment
nos provides insurance against adverse matters pursuant to Section 627.7861,F.S.,as amended,the escrow dosing
07 procedure required by STANDARD J shag be waved,and Clsing Agent shell.subject to Collection of all closing
funds,disburse al Closing the brokerage fees to Broke and the net sale proceeds to Seller_
J. ESCROW CLOSING PROCEDURE If:nle Commitment issued pursuant to Paragraph 9(c)does not provide
for insurance against adverse matters aspenmid Section
ed under Sen 627.7801. F.S., as amended, the ogowirg
au escrow and dosing procetbres shall open,(1)all Closing proceeds Khasibe held in escrow by the Closing Aqua
sex ter a period of not more than 10 days after Closing;(2)if Sellers tie is rendered unmarketable.through no fault of
.chi Buyer,Buyer Nan,within the 10 day period.notify Seger In waiting of the defect end Seller Kali have 30 days from
464 dale of receipt of such notification to are the defect(3)it Seiler fails to tinily are the defect the Deposit and all
es Meng funds paid by Buyer Nall, Medn 5 days after Moen demand by Buyer, be refunded to Buyer and,
ise simultaneously w(th such repayment,Buyer shag return the Personal Property,vacate the Real Property and re-
mwey the Properly to Seller by special warranty deed and bill of sae:and(ts)if Buyer falls to make timely demand
as for refund of the Deposit,Buyer shin take title as is wemrg all rtglb against Serer as to any intervening defect
es except as may be available to Buyer by vitae of warra,lies contained In the deed or MI of sale.
es K. PROBATIONS;CREDITS:The following recurring items will be made cement(If applicable)aid Prorated as of
la the day prior to Casing Date,or date of occupancy a occupancy occurs before Closing Date:real estate taxes
xa (btu ding special beneft tax asasements Imposed by a COD pursuant to Chapter 190, F.B.,and assessments
404 framed by special district(s)pursuant to Chapter 189,F.S.).interest,bonds,association fees,nsurace,rents
le and other expenses of Property.Buyer shag have option of taking over existing policies of Insurance,if assanaNe,
ores in which event pamkure Shag be prorated.Cash at Closing shall be kaeased or deceased as may be reamed
495 by prorations to be made through day prior to Chasing.Advance rent and security deposits,if Only,MI be credited
49r o Buyer. Eeaow deposits held by Balers mortgagee wig be pad to Sells. Taxes shall be prorated bald on
as current year's tax.If Closing occurs an a date Man arrant year's mtllage is not fixed but current year's assessment
Byers rotas Maul N 13 Sellers CIS,
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2018 of 2719
STANDARDS FOR REAL ESTATE TRANSACTIONS('STANDARDS")CONTINUED
a a available taxes wit be prorated based upon such assessment and prior year's Neap. If anent years
eau assessment is not available,then taxes will be prorated on prior year's tax.t there are competed improvements
sia an the Real Rupert by January 1st of year of Closing,wnirh improvements were not in existence on January le
ss or',nor year.then taxes shag be prorated based upon pa year's mglage and at an equitable assessment to be
50 agreed upon beMeen the pates,felig which. request shall be made to the Canty Property Appraiser for an
501 informal assessment taking into accent available exemptions. In all aims,due allowance shad be made for the
son madmum allowable disceunts end applicable homestead and other exemptions. A tax proration based on an
eslrreb elal,et Weer paws nada,be readjusted upon receipt of current year's tax bR,TNs STANDARD K
507 shall survive Clceing.
L. ACCESS TO PROPERTY TO CONDUCT APPRAISALS, INSPECTIONS, AND WALK-THROUGH: Seller
509 shalt tpon reasonable notice, provide utilities seMce and access b Property for appraisals and inspections.
sin including a walktivwgh(or folaxup walk-through if necessary)prior to Closing.
Mx.1yMNP4BBIN•M T •
— -- 1 - y
512 (Casualty Lose)and cost of resbratim(which shall incise cost of paring or mno.Mg damaged trees ..:
513 exceed 1.5%of Purchase Pace.mat of reelcafiin sisal be an Obligation of Seller and w..�' : proceed
sir pursuant to Yms of this Contract.If restoration is not completed as of Qasi - • ..reto 125%of estimated
sir cost to complete regarabon(not to exceed 1.5%of Pu . :: ' escrowed at Closing.If actual art of
She restoration exceeds escrowed amount,Seller- actual cosh(but not in excess of 1.5%of Purchase
517 Price).My unused portion of-.-- it shall be returned to Seller.If cost of restoration exceeds 1.5%of
5r6 Purduse ' .' to With take Property'as le Ingather with the 1.5%or receive a refund of the
do • - - '• releasing Buyer and Seller from all further oblgations under this Contrail.Seller's sole obRgatlon
' 1 " l A
521 ether N. 1(131 EXCHANGE:If Seller or Buyer wish to enter Into a like-kind exchange(either simultaneously with
:m Clceing a deferred)under Section 1031 tithe Internal Revenue Cede(Exchange).the other party shall cooperate
523 In all reasonable respects to etedrate the Exchange. including execution of documents; provided, however.
cooperating pay shall incur In labilityor
expense
related to the Exchange,end Closing sfaH not be contingent
524525 Won,err extended or delayed by,such Exchange.
son O. CONTRACT NOT RECORDABLE; PERSONS BOUND; NOTICE; DELIVERY; COPIES: CONTRACT
527 EXECUTION: Nether this Contract nor any notce of I shall be recorded in any public or official records. This
529 Co1116ac1 shed be dndl g on,and inure to the benefit of,the parties and their respective heirs or successors In
sa interest.Vrtanever the coned prints,singular shoo nceie puaI and one gender shell Include all.Notice and
530 delivery then by or to the attorney or broker(krAAing such broker's real estate licensee)representing any party
531 shall be as effective as If ghee by or to that paty.AI notices nest be In writhe and may ally be made by mall,
sa facsimile transmission,personal delivery or email.A facNMl or electronic copy of this Contrail and any signatures
sir hereon shall be considered for all purposes as an orginal.This Contract may be executed by use of iectrank
534 signatures.as deters ed by Rate's Electronic Signature Ad and other applicable laws.
P. INTEGRATION;MODIFICATION:This Contract contains the fund and complete understanding and agreement
as of Surer ad Seller with respect to the transaction contemplated by this Contract and no prgr agreements or
Suet representations shall be binding upon&rya or Seller unless Included in this Contract.No modification to or change
536 b alb Contract shall be valid or bndng upon Burner or Seller unless in wining and executed by the parties intended
sir lobe bound by it
540 O. WAIVER Failure of Buyer or Seller to insist on mmpance with,or skid pafamance of,any provision of this
sou Contract,or to take advantage dany right under this Contract,shell not constitute a waiver of other provisions of
542 ghm.
543 R. RIDERS;ADDENDA:TYPEWRITTEN OR HANDWRITTEN PROVISIONS:Riders,addenda,and typewritten
sa or handwritten provisions ehal control all pined pa:Melors of Ill Contact In conflict with them.
545 9. COLLECTION or COLLECTED:'Collection'or'Collected'mean any chain tendered or rote iod,including
sic Deposits,have become actually and Nab°elected and deposited in the account of Escrow Agent or Closing
Agent.so such amounts have and eurmene it or funds and deliver/of been Collected In losing Agent's accounts.documents may be delayed by amino Agent
sas Se T. RESERVED.
550 U. APPLICABLE LAW AND VENUE This Contract shel be construed in accordance with the laws at the State
ssi of Flalda and venue for resolution of all disputes,whetter by medabon,arbitration or litigant Mall lie in the
sa county where the Real Property is located.
so V. FIRPTA TAX WITHHOLDING: If a seller d U.S.real property is a taegn person'as defined by FIRPTA,
sw Section 1445 d the Internal Revenue Cade(Code")rewires the buyer of the real property to withhold up to 15%
555 of the amount realized by the seller on the Minster and remit the wthhdd amount to the Internal Revenue Service
Byes lretss PoQe1ON13 Selers'ntaa
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2019 of 2719
STANDARDS FOR REAL ESTATE TRANSACTIONS("STANDARDS')CONTINUED
ew (IRS)unless an exemption to the required wtheding applies or the serer has obtained a WMho ling Certificate
ssl from the IRS autlprmrg a reduced amount of withholding.
ew (i) No withholding is required under Section 1445 d the Code it the Sellers rot a'foregn person.Sella can
a» provide proof of non-foreign status to Buyer by delivery d written cert ficaton signed under penalbas of perjury,
560 stating that Seller is not a foreign person and containing Sellers name.U.S.taxpayer identification rumba and
sat home addes(or office address.in the case of an entity,as provided fain 26 CFR 1.1445-2(b).Otherwise.Buyer
su shey withidol the applicable percentage of the amount realized by Seller on the transfer and timely remit said funds
son to the IRS.
56.4 (0) If Sellers a foreign person sod les meshed a Wtaholding Certificate from the IRS which provides for reduced
555 or eliminated wi9hhola g In Ns transaction and provides sere to Buyer by Closing,then Buyer shall withhold the
see reduced sum required,if any,and timely remit said funds to the IRS.
551 (iy) If prior to Closing Seller has submitted a mnpteled application to the IRS fora Withholding Cart/Mate and has
see prodded to Buyer the notice required by 26 CFR 11445-1(c) (2XiXB)but m Withholding Certificate has been
ess received as or Closing,Buyer shall,at Closing, withhold the appecable percentage of the amount realized by Sella
570 on the bander and.at Buyers option.either(a)timely remit the withheld herds to the IRS or(b)place the funds 91
571 escrow,at Sellers expense, with an escrow agent selected by Baler and pursuant to terms negotiated by the
sn padres,to be subsequently disbursed in accordance with the W Ihhoiding Certificate issued by the IRS or mmitted
573 dtedly to the IRS if the Sellers application is rejected or upon terms set forth in the escrow agreement.
574 (iv) In the event the net proceeds due Seder are rot sufdent to meet tile a io*1ing requirement(s)in this
5/5 transaction, Seller shay deliver to Buyer. at Closing, the addtionel Collected funds necessary to satisfy the
sly apprxable requirement and thereafter Buyer shall tnNN remit said hands to the IRS or escrow the funds for
disbursement in accordance with the final determination of the IRS,as appltabe.
sly (v) Upon remitting funds to the IRS pursuant to this STANDARD.Buyer shati provide Seller copes of IRS Farms
sn 8288 and 9288-A,as Ned.
son W. RESERVED
err X. BUYER WAIVER OF CLAIMS: To the extant permitted by law,Buyer waives any Calls against Seller
592 and against any real estate licensee Invoked in the negotiation of this Contract for any rye or defects
551 pertaining to the physical condition of the Property that may exist at Casing of US Contract and be
subsequently discovered by the Buyer or anyone claiming by,through,under or against the Buyer. This
ses pmvalon does not relieve Seller's obligation to comply with Pragraph 10(g.This Standard shag survive
sae Closing.
aT ADDENDA AND ADDITIONAL TERMS
me 19.ADDENDA:The blowing additlors terms are included In the attached addenda or riders and Incorporated Into this
sn Contract(Chock If applicable):
O A Condomlrium Rider 0 M. Defective Drywall 0 X. K -out Clause
❑B. Homeowners!Assn. 2 N. Coastal Consbumm Control 0 Y. Sellers Attorney Approval
0 C. Seller Finning Line 0 Z. Buyers Attorney Approval
0 D. Mortgage Assumption 0 0. Inulation asdceue 0 M. Licensee Property Interest
0E. FHANA Financing I&P. Lead Paint Disdoeure(Fre-1978) ❑ BB. Binding Arbitration
❑F. Appraisal Contingency U O. Housing for Older Parsons ❑ CC. Mamcaade County
0 a Short Sale 0 R Rezoning Spedal Taxing District
H. Homeowners/Flood Ins. 0 S. Lease Purphaaei levee Option Disdoeum
0 I. RESERVED 0 T. Pre-Closing Oavpanty 0 DD. SeasaelNacedon Rentals
0 I. Inaretl-Bearing Acct 0 U. Post-Closing Occupancy 0 EE. PACE Disclosure
IC RESERVED 0 V. Sale of Buyers Property IN Other Swett'A'
10 L. RESERVED 0 W.Back-up Contras w.a.r Ts--aw
Initials
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so 20. ADDITIONAL TERMS:
691 See Exh!bk'A•AddWonal Terms maw attached hanlo and made a pen hereof.
592
593
532
5%
595
601
632
604
ass
em
OJT
COUNTER-OFFER
wg D Seller counters BBY%s otter.
file (TM remainder of this papa is intentionally lett biaM.
611 This Contract continues with Line e12 on Pagel]of 13.1
B3yies lnl s Page 12 all] Selene lrtuyf_ _
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2021 of 2719
612 THIS IS INTENDED TO BE A LEGALLY ENDING CONTRACT. IF NOT FULLY UNDERSTOOD,SEEK THE
as ADVICE OF AN ATTORNEY PRICK TO SIGNING.
su THIS FORM HAS BEEN APPROVED BY TIE FLORIDA REALTORS AND THE FLORIDA BAR
an Approve/of this loan by the Fonda Realtors and The fiord.Bar does not constitute an opinion Tat any of the
616 terms and condydne In tNs Contract should be accepted by the parties In a perbcuW bansaab.. Teems and
so continuos should be negotiated based upon the respective Wrests, mkcdves and benga.ing positions of a0
in interested persons.
ew AN ASTERISK(•)FOLLOWING A LINE NUMBER IN THE MARGIN INDICATES THE LINE CONTAINS A BLANK
uv TO BECONFLE I Hu.
eat ATTENTION:BELLER AND BUYER
en CONVEYANCES TO FOREIGN BUYERS: Pan HI of Chapter 692,Sections 692.201-892.205,Florida Statutes.
ewe 2023(the'Wet. in pat,limits and regulates the sele,purchase and waershb of cerlan Florida a°insets by
se certain buyers who we associated with a"foreign country of concern'.namely:the People's Republb of Chao,the
an Rowan Federelio., the Islamic Recub&of Iran.the Democratic People's Republic or Korea,the Repudic of
us Cube,the Venezuelan regime of Nicolas Maduro,or the Syrian Arab Republic It Is a alma to buy or knowingly
en WI property In violation of the Ad.
am At time al purchase,Buyer must provide a signed Affidavit which compiles with the regulniments of the
a'o Act.Sala and Buyer am advised to seek legal counsel regarding their respective oNigabons and liabilities under
so to Act.
City of Yaml Beech
or Buyer Date,
on &per, _ _ Date:_.
so Seller Date:
Rudy A.Perez
a Seller Date:
Sabath Penn
PO Buyers address for purposes of notice Sellers address for purposes of notice
011, 2700 Convention Cenbdlw ?WOS Coffins Ave
er kgaml"each FL VIM maw aBeach a 1.1141
m
6e BROKER Listing and Cooperating Brokers. if any, named below(collectively, 'Broker), we the only Broken
tee entitled to compensation n conned/Ion with this Co.tacn. Inflection to Closing Mehl: Seller and Buyer deed
so goring Agora to disburse at Closing the fun amount of the brokerage lees al specified In sepa&e brokerage
642 agreements w01 the pelves and cooperative agreements between the Braene.except to the eaent Broker has
sal retained such fees from the escrowed funds.This Co.tad shall rot modify any FtS or other offer of compensation
we made by Seller a listing Broker to Cooperating Brokers.
SO. Noes None —
ee Cooperating Sales Associate,N arty Listing Saks Associate
po
we Cooperating Broker,If any Listing Broker
Nryen IMYF ay 13 of13 atle'e r-eae
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Addendum to Contract for
Residential Saes and Purchase
If inhaled by all parties. te terms below will be Inmrporaled Into the Contract for Residential Sale and Purchase
2 between Buda A.Parer end ElIrnb.M Parer ("S4,1la0
3 and City of Miami Beech rBuyal
4 concerting the Properly described as oar c Neck fa-al Del v tint Plat Sein of Page AS
3
6 ( J( )- ( )U.Pre-1978 Housing Lead-Based Paint Warning Statement: 'Every purchaser
1 of any Interest in residential real property on which a residential Waling was doll prior to 1978 is nettled Mat such
a property may present exposure 1e bed from lead-based paint that may place young dllben at risk of devefopmg lead
9 poisoning.Lead poisoning in young children may produce permanent neurological damage,including learning
n0 disabilities,reduced intelligence quotien4 behavioral problems.and impaired memory.Lead poisoning also poses a
11 particular risk to pregnant women.The seller of any interest in residential real property is required to provide the
12 buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller's
13 possession and natty the buyer of any known bad-based pant hazards.A risk assesernent or inspection for possible
H bad-based paint hazards Is recommended prior to purdesae."For purposes of this addendum.lead-based paint wR
Is be referred to as ZBP"and lead-based pant hazards will be referred to as'IBPH.'
is 1. LBPM1BP11 in lb/using: Seller has no knolledge of LBPILBPH in the housing and no available LBPILBPH
17 records or reports,except as indicated: (Describe all known LBPILSPH information,list al available documents
+e pertaining to LBP4BPH,and provide documents to Buyer before accepting Buyer's offer.)
19
20
21
a 2. Lead-Based Paint Hazards IroPaloa: Buyer wows the opportunity to conduct a risk assessment or
23 inspection for Me presence of LBP&BPH unless the box is decked(3 Buyer may,within the Inspection Period,
24 conduct a risk assessment or inspection for the presence of LBPILBPH in accordance with the
m provisions of Paragraph 8(a)of tlks Contract or As Is with Right to Inspect Addendum.LBPr&BPH conditions that
AS ore unsatisfactory to Buyer wil be Seated as'Warranted hems'for purposes of Paragraphs Nap)and(3)d this
n Catmd only).
• 3. Certification of Accuracy: Buyer has received the pamphlet entitled Protect Your Family from Lead in
A Your Horne'and all of the idomaton spedfied In Paragraph 1 above.Licensee hes notified Seller of Sages
3e bdlgarbrs to provide and disdose idanuton regarding lead-based paint and lead-based paint hazards in the
31 Property as required by federal law (42 U.S.C. 0852d) and is aware of his or her obligation to ensure
31 compliance with federal lead-based paint new Seller,Buyer. and each licensee Few ravtewed the Information
• above and certifies,to the best of his or her knowledge,that the Information be or she has provided is true and
a accurate.
a Bp Date
rDale Ruda
Fully A.Pena
3z 39 Buyer Data Seller Dale
EfesaeM Perez
P
ld Selina Licensee signahae Data Listing Licensee signature Dale
rang Load-Sara Niel rvm%a ant re:MalTi Pe.H•r WD17 Fed wawa
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2023 of 2719
Exhibit A—Additional Terms Rider to"As Is" Residential Contract by and
between Rudy A. Perez and Elizabeth Perez("Seller")and City of Miami
Beach(`Buyer")for Property located at 7605 Collins Avenue,Miami Beach
1. Walk-Through Inspection/Re-Inspection. On the day prior to Closing, or on
Closing Date prior to time of Closing,as specified by Buyer,Buyer or Buyer's representative may
perform a walk-through (and follow up walk-through, if necessary) inspection of the Property
solely to confirm that the Property has not been negatively impacted or damaged by fire or other
casualty ("Casualty Loss") that exceeds 1.5% of the Purchase Price (the "Casualty Loss
Threshold")in which event the Buyer shall be obligated to close on the purchase of the Property.
If the Casualty Loss exceeds the Casualty Loss Threshold then either party shall have the right to
terminate the Contract and the Deposit shall be returned to Buyer,thereupon, Buyer and Seller
shall be released of all further obligations under the Contract.
2. Open/Expired Permits and Code Violations. Seller shall close out any open or
expired permits and correct any code violations,at Seller's sole cost and expense,prior to Closing.
3. Seller Real Estate Tax Escrow. Seller shall escrow the sum of 54,000 with Escrow
Agent at Closing to be applied to the 2024 real estate taxes. If Seller's prorata share of the real
estate taxes is less than S4,000 the overage shall be returned to Seller.
4. Closing Date. The Closing Date shall be within five(5)business days following
the last to occur of the following:(a)City Commission approval of the Contract,(b)full execution
of the Contract by the panics and (c) execution of the Commission Resolution approving the
Contract,but in any case not later than March 29,2024.
5. Survey. If the Survey discloses title defects Seller shall not be obligated to cure
them, and instead Buyer shall have the option to elect to(i)accept the Survey title defects and
close without reduction in the Purchase Price; (ii)terminate the Contract and the Deposit will be
returned to Buyer, thereupon, Buyer and Seller shall be released of all further obligations under
the Contract.
6. Title Examination. If the Title Commitment discloses title defects Seller shall not
be obligated to file any legal action or commence litigation.
2024 of 2719
Committee Referrals - C4 2
MIAMI BEACH
COMMISSION MEMORANDUM
TO: Honorable Mayor and Members of the City Commission
FROM: Commissioner David Suarez
DATE: February 26, 2025
TITLE: REFERRAL TO THE LAND USE AND SUSTAINABILITY COMMITTEE TO
DISCUSS POSSIBLE CONVERSION OF 7605 COLLINS AVENUE INTO A MARINE
SCIENCE EDUCATION CENTER AND MUSEUM.
RECOMMENDATION
N/A
BACKGROUND/HISTORY
N/A
ANALYSIS
Please place on the February 26, 2025 agenda a referral to the Land Use and Sustainability
Committee (the "Committee) to discuss the possible conversion of 7605 Collins Avenue into a
Marine Science Education Center and Museum.
ANALYSIS
Optimal Use for 7605 Collins Avenue:
The City of Miami Beach acquired 7605 Collins Avenue in 2024, funded by the Building
Department, with the intent to establish a satellite office for their operations in North Beach.
However, the property's unique location—adjacent to a park, library, and children's playground—
provides an opportunity to maximize its use for the community. Transforming the property into a
Marine Science Education Center & Museum would better align with the surrounding area's
character and offer long-term cultural, educational, and environmental benefits.
Key Points:
1. Location and Context:
• 7605 Collins Avenue is an oceanfront property situated in a neighborhood characterized by
recreational and educational spaces, such as parks, a library, and a playground.
• An office building for the Building Department is inconsistent with the surrounding area's usage
and fads to capitalize on the location's potential to serve as a community hub.
2. Proposed Use: Marine Science Education Center and Museum:
• A Marine Science Education Center would integrate seamlessly with the neighborhood,
complementing the existing park, library, and playground.
• The center could serve multiple purposes:
o Offer after-school and Pre-K programs focused on marine conservation and education.
o Act as a base for organizations like the Surfrider Foundation's Blue Water Task Force.
o Host beach cleanups, workshops, and cultural events to foster environmental stewardship.
o Create an interactive museum featuring marine ecosystems, local biodiversity, and hands-on
exhibits to attract residents and tourists alike.
• Activations could extend to the surrounding area and beach, providing outdoor educational
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experiences.
- This use would serve a diverse demographic, maximizing the property's public benefit.
3. Economic and Cultural Impact:
• An oceanfront Marine Science Education Center would enhance North Beach's cultural
offerings, attracting visitors and generating economic activity.
- Programs and events hosted at the center would engage the local community, fostering
environmental awareness and civic pride.
- The facility could secure external funding and partnerships with environmental organizations.
reducing the financial burden on the City.
4. Alternative Ocean Rescue Use:
• An Ocean Rescue substation was proposed as another potential use, but is already funded and
planned under the 2018 G.O. Bond. Allocating this property for the substation would duplicate
those efforts.
5. Challenges:
• Repurposing the property for a Marine Science Education Center would require the City to
identify alternative solutions for the Building Department's satellite office needs, potentially
extending the lease at the current Normandy Drive location.
• Legal considerations around the use of proprietary funds from the Building Department for the
purchase would need to be addressed, potentially requiring reallocation of City funds to reimburse
the department.
Recommendation:
Given the property's prime oceanfront location, its proximity to community-focused amenities, and
the limited public benefit of a governmental office space, 7605 Collins Avenue should be
repurposed as a Marine Science Education Center and Museum. This transformation aligns with
the City's commitment to fostering educational, environmental, and cultural growth while providing
a lasting impact on the community.
Suggested next steps:
- Negotiate with the Building Department to allocate alternative funds for the property's purchase
and redevelopment.
• Develop partnerships with environmental and educational organizations to support the Marine
Science Education Center.
Extend the Building Department's lease at Normandy Drive or identify another suitable location
for their operations.
This proposal ensures the property serves the greatest number of people, fostering community
engagement and environmental stewardship while aligning with the City's broader vision for North
Beach.
The Administration should be prepared to address the suggested next steps and to provide any
additional information that could be relevant to the Committee in formulating its recommendation
to the City Commission.
FISCAL IMPACT STATEMENT
A fiscal impact analysis will be provided once the Commission makes a determination on the best
use for the city-owned property.
Does this Ordinance require a Business Impact Estimate?
(FOR ORDINANCES ONLY)
If applicable, the Business Impact Estimate (BIE) was published on:
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See BIE at: https://www.miamibeachfl.gov/city-hall/city-clerk/meeting-notices/
FINANCIAL INFORMATION
N/A
CONCLUSION
N/A
Applicable Area
North Beach
Is this a "Residents Riqht to Know" item Is this item related to a G.O. Bond
pursuant to City Code Section 2-17? Project?
Yes No
Was this Aqenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481
includes a principal engaged in lobbying? No
If so, specify the name of lobbyist(s) and princlpal(s): N/A
Department
Office of Commissioner David Suarez
Sponsor(s)
Commissioner David Suarez
Co-sponsor(sl
Condensed Title
Ref: LUSC - Convert 7605 Collins Ave into Marine Science Education Center and Museum.
(Suarez)
Previous Action (For City Clerk Use Only1
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