Addendum PROPERTY ADDRESS: 2820 39"'Avenue NE, Naples, FL 34120
ADDENDUM
THIS ADDENDUM is entered into effective as of the 29th day of May, 2009, by and
between the U.S. BANK NATIONAL ASSOCIATION, as Trustee, on Behalf of the Holders of CSMC
Mortgage backed Pass-Through Certificates, Series 2007-5, Seller, and COLLIER COUNTY, a
political subdivision of the State of Florida, Buyer. Buyer and Seiler entered into that certain
Agreement for Sale and Purchase dated April 16, 2009, together with attached Addenda (the
"Agreement"). Subsequent to entering into the Agreement and pursuant to provision of the
Agreement, Buyer and Seller wish to append the Agreement with the following additional terms
and conditions:
4 1. Paragraph 3 is changed to provide that the Closing Date shall be on or before
June 12,2009.
2. Seller agrees to waive any and all requirements for payment of a per diem
extension fee as set forth in the Agreement.
Except as expressly provided herein, the Agreement between the Buyer and the Seller
remains in full force and effect according to the terms and conditions contained therein, and said
terms and conditions are applicable hereto except as expressly provided otherwise herein.
IN WITNESS WHEREOF, the Buyer and Seller have hereto executed this Addendum the
day and year first above written.
Date Property acquisition approved by BCC:
March 24, 0 9 I f m F
DATED: �
BUYER:
ATTEST' ,,ci 4r BOARD OF COUNTY COMMISSIONERS
DW. .E..BI docist Clerk C COLLIER OUNTY, FL RIDA
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-,a"L < my, tClerk� Do na Fiala, Chairman Alow
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SELLER:
1/6).4 By:
Print:
Title: Eric_Efic_Noisoar_REDAssaMMMOr
Approved as to form and Select Portfolio Servicing,Inc.as Attorney in Fact
legal sufficiency:
n �- County Attorney
M
MEMORANDUM
Date: April 15, 2009
To: Gary Bigelow,
Property Acquisition Specialist
From: Ann Jennejohn, Deputy Clerk
Minutes &Records Department
Re: Sales Contract for Property at 2820 39th Ave. NE
Part of the Neighborhood Stabilization Program
Enclosed is the original sales contract referenced above (Agenda Item#10F)
approved by the Board of County Commissioners on Tuesday, March 24, 2009.
After processing please forward a fully executed copy to the Minutes &Records Office
for the Board's Official Record.
If you should have any questions,please contact me at 252-8406.
Thank you.
Enclosure
Page 1 of 1
BigelowGary
From: The Monterosso REO Team [debjimm @yahoo.com]
Sent: Friday, April 10, 2009 10:50 AM
To: BigelowGary
Subject: Re: OFFER-2820 39th Avenue NE//Collier County NSP Grant Program
Attachments: Foreclosure Documentation.pdf
Hi Gary: Please find attached the documentation you requested regarding the foreclosure date on this property.
I spoke to my assistant Becca and she is already working on the
W-9 with Lancaster Title. You are also in receipt of all the banks required paperwork so you may forward all of
this to the county attorney for review. I let the bank/seller know that there would be a 48 hour delay in getting
this signed due to your process. If you can send everything in for review to the attorney, we will touch
base again on Monday. Let me know if you have any additional questions and/or concerns. Thank you.
Debra Monterosso, Broker-Associate
The Monterosso REO Team
Amerivest Realty
10001 Tamiami Tr.N
Naples,FL 34108
239/597-2319(P)
239/597-2378(F)
www.DebJimM.com
--- On Fri, 4/3/09,BigelowGary <GaryBigelow@colliergov.net>wrote:
From: BigelowGary <GaryBigelow @colliergov.net>
Subject: OFFER-2820 39th Avenue NE//Collier County NSP Grant Program
To: debjimm @yahoo.com
Cc: "mott_t" <ToniMott@colliergov.net>, "RussellHans" <HansRussell @colliergov.net>
Date: Friday, April 3,2009, 6:31 AM
Dear Ms. Monterosso:
This email is to serve as Collier County's Letter of Intent to offer the full list price of$83,966 for the property
located at 2820 39th Avenue NE.
We are committed to advancing this process with all due speed, but please understand that we are a
governmental organization operating under a specific Federal grant program, and our steps are more exacting
than the private sector. However, we offer guaranteed closings on your property in an"as is"condition with no
contingencies other than normal title and environmental concerns.
Please know that Collier County is seriously committed to this program and it is our hope that your principal will
commit to our offer. If you, or your contracting lending institution, have any comments or questions, please feel
free to contact me at your earliest convenience. Should the lender be agreeable to our offer, kindly advise
whether they will be providing their own form of contract, or would prefer that we provide our form of contract.
Thank you very much for your kind consideration and valuable time. We sincerely look forward to your response.
Sincerely,
Gary (13ige(rw
Property Acquisition Specialist
Collier County Real Property Management
239-252-8073
Please note: Florida has a very broad public records law. Most written communications to or from County officials
regarding County business are public records available to the public and media upon request. Your e-mail
communications may be subject to public disclosure.
4/10/2009