Addendum #2
NEIGHBORHOOD STABILIZATION PROGRAM
fJroperty Address: 2435 31s1 Avenue NE, Naples, FL 34120
Folio Number 40232400001
SECOND ADDENDUM TO "AS IS" CONTRACT FOR SALE AND PURCHASE
AND AURORA LOAN SERVICES, LLC ADDENDUM TO
REAL ESTATE PURCHASE CONTRACT
THIS SECOND ADDENDUM is entered into by and between AURORA LOAN SERVICES, LLC, Seller,
and COLLIER COUNTY, a Political Subdivision of the State of Florida, Buyer. Buyer and Seller have entered
Into that certain "As Is" Contract for Sale and Purchase, and AURORA LOAN SERVICES, LLC Addendum to
Real Estate Purchase Contract attached thereto, both dated of even date herewith, and Buyer and Seller wish to
amend the foregoing with the following additional terms and conditions:
1. The "As Is" Contract for Sale and Purchase, the AURORA LOAN SERVICES, LLC Addendum to
Real Estate Purchase Contract, and this Second Addendum to "As Is" Contract for Sale and Purchase and
AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract shall, collectively, constitute the
"Agreement" between the parties, which Agreement shall only be effective upon the execution of all three
leferenced documents by both parties.
2. The purchase price shall be $83,600.00. There shall be an escrow deposit of $2,000.00.
3 Item 1 of the AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract is
revised to reflect that should there be any conflict between the documents collectively contained in the
Agreement, as defined herein, the terms of this Second Addendum shall prevail.
4. Item 2 of the AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract is
revised to reflect that all funds due the Seller shall be paid by wire transfer.
5. The second paragraph of Item 4 of AURORA LOAN SERVICES, LLC Addendum to Real Estate
Purchase Contract is revised to read as follows:
'The closing shall take place on or before December 4, 2009, unless the Closing date is extended in writing
~.Igned by Seller and Buyer or extended by Seller under the terms of the Agreement. The Closing shall be held
as convenient to all parties."
6. Item 5 of AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract is deleted
in its entirety.
7 Item 6 of AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract is not
applicable and deleted in its entirety. This is a cash transaction with no financing contingency.
8. Item 8 of AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract is deleted
in its entirety.
9. The second paragraph of Item 9 of AURORA LOAN SERVICES, LLC Addendum to Real Estate
Purchase Contract is deleted in its entirety.
10 The first, second, third and fourth paragraphs of Item 11 of AURORA LOAN SERVICES, LLC
l\ddendum to Real Estate Purchase Contract are deleted in their entirety. Seller certifies that the Property is
vacant and unoccupied.
11. Item 13 of AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract is
revised to reflect that any and all prorations shall be made through the day before Closing and is further revised
to reflect that Seller shall be responsible for paying Documentary Stamp Taxes in accordance with Florida
Statute 201.01.
NEIGHBORHOOD STABILIZATION PROGRAM
Property Address: 243531" Avenue NE, Naples, FL 34120
Folio Number: 40232400001
12. Item 15 of AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract is
deleted in its entirety, and the terms of the "As Is" Contract for Sale and Purchase concerning title insurance
shall prevail.
13. Item 17 of AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract is
deleted in its entirety.
14. All of Item 18 except the first sentence of that provision of AURORA LOAN SERVICES, LLC
Addendum to Real Estate Purchase Contract shall be deleted in its entirety.
15. Item 19 of AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract shall be
revised to reflect that Seller shall provide Buyer a Special Warranty Deed.
16. Item 28 of AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract shall be
revised to reflect that, "The Seller shall not assign the Agreement without express written consent of Purchaser".
17. Item 29 of AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract shall be
revised to reflect that Seller and Buyer acknowledge that the Property was built after 1978 and is exempt from
the Residential Lead-Based Paint Hazard Reduction Act of 1992.
18. Item 36 of AURORA LOAN SERVICES, LLC Addendum to Real Estate Purchase Contract shall be
deleted in its entirety.
19. The "Purchaser's Offer" block after Item 36 of the AURORA LOAN SERVICES, LLC Addendum to
Peal Estate Purchase Contract is deleted in its entirety. The "Substitute Execution Page" is acceptable to both
narties, and any requirements for initials are waived on all documents constituting the Agreement.
EXCEPT as expressly provided herein, the Agreement between the Purchaser and the Seller remains in
~ull force and effect according to the terms and conditions contained therein, and said terms and conditions are
'3pplicable hereto except as expressly provided otherwise herein.
IN WITNESS WHEREOF, the Purchaser and Seller have hereto executed this Second Addendum.
iJate property acquisition approved by BCC:
March 24, 2009, Item 10F
DATED: Il/':?-( '{)-ocq
ATTEST:
DWIGHT Et,.-a.~bCK"Clerk
. . ~ . . :1.
. ,
,'0(.
PURCHASER:
BOARD OF C INTY COMMISSIOt'JERS
COLLIER C J...ty, FLORIDA , /
,^' '/....,,'~ ' . ~. ' ./ ( ,~
BY: ' Y T r ,'r:'".,,,. ,A '" ,;..,~
Donna Fiala, Chairman
i
Approv~d ast'ot()trrf~nd legal sufficiency:
. ~\>)~~
Jennifer . White, ASSistant County Attorney
.)
2
NEIGHBORHOOD STABILIZATION PROGRAM
Property Address: 2435 31st Avenue NE, Naples, FL 34120
Folio Number 40232400001
DATED:
SELLER:
AURORA LOAN SERVICES, LLC
BY:
PRINT NAME:
TITLE:
3