Loading...
Addendum #1 to As Is Contract Neighborhood Stabilization Program Property Address: 2132 43rd Ln SW Folio Number: 35752760003 ADDENDUM THIS ADDENDUM is entered into this~day of 0. 'To U,e...., . 2009, by and between Deutsche Bank National Trust Company, as Trustee under Novastar Mortgage Funding Trust, Series 2006-5, Seller, and Collier County, a Political Subdivision of the State of Florida, Purchaser. Purchaser and Seller entered into that certain "As Is" Contract for Sale and Purchase, Counterproposal to Purchase and Sale Agreement, and Addendum to "As Is" Contract For Sale and Purchase and Counter Proposal to Purchase and Sale Agreement Between the Undersigned Parties Concerning the Property at 2132 43rd LN SW, Naples, FI 34116, dated September 17, 2009, hereinafter referred to as the "Agreement". Subsequent to entering into the Agreement and pursuant to provisions of the Agreement, Purchaser and Seller wish to amend the Agreement with the following terms and conditions: 1. Paragraph II of the "As Is" Contract for Sale and Purchase, Counterproposal to Purchase and Sale Agreement, and Addendum to "As Is" Contract for Sale and Purchase between the undersigned parties concerning the property at 2132 43rd Ln SW are changed to remove any requirement to pay $5,000 Earnest Money. The full purchase price of $80,750.00 will be paid at closing. Except as expressly provided herein, the Agreements between the Purchaser and the Seller remains in full force and effect according to the terms and conditions contained therein, and said terms and conditions are applicable hereto except as expressly provided otherwise herein. IN WITNESS WHEREOF, the Purchaser and Seller have hereto executed this Addendum the day and year first above written. Date property acquisition approved by BeC: March 24, 2009, Ite~ 104 DATED: lO q OJ ATTEST: o "F,.;>>~,~k ~ .t.,:, , . 1:11.....;. ;", '!jJ., ", '. . -'~ , j', : . ..~t Ifit4 .....Iefk ~ :-1: s f~'a'turic,:'~l~ : ;.. DA~ . . .,:'~: ;~:. : '.~,' ,I t:::Q~ ""1 ' "~. ; \:~ ,,~f,;.:::.~~..~~:~.>: -1. .," ..... ..,,:\>$"..:' . o:J3i'J'~~~,}j.,..' f ~ . I , , BUYER: BOARD OF CO COMMISS2IONERS COWER CO , FLORIDA _ BY: ~ ~ Donna Fiala, Chairman SELLER: DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE UNDER NOVASTAR MORTGAGE FUNDING TRUST, SERIES 2006-5 By: Print: Title: Approved as to form and legal sufficiency: Jen~~~ Assistant County Attorney AlthouseTammy From: Sent: To: Cc: Subject: McLaughlin Marlene Thursday, October 08,20095:18 PM whitejennifer; AlthouseTammy BigelowGary; mott_t NSP: 2132 43rd Ln SW RLS: Addendum to eliminate the deposit Thank you both for your time and attention to this matter! ~ 1tJ ~ RLS.Addendum. Contracts.pdf Addendum.Depo iepositEliminatio. ,itElimination.l0.. 1 ~ ~ ---....- -~ THIS FOAM HAS BEEN APPROVED BY THe FLORIDA ASSOCIATION OF REALTORS. AND THE FLORIDA BAA r O' 9 10 11' 12' 13. 14' . DEUTSCHE BANK NATIONAL TRUST .c~)f~~~Y.!_'____. . T SERII:!S 20'06.5 -, I' . AS TRUSTEE UNDER NOVASTAR MORTGAGE FUNDING TRUS ~ ' __('sellen. 2. =1;'gt~UNTY. a political subdivision 01 the Slale 01 Floods . . ("Buvef.). 3 hereby agrellltlat SeHer 5hat setllll'ld Buyer shall btJY Ihe following described Real Property and PIl,,;of1el Properly (collecl.vely Proplllty1 4 pursuanllo the lerms and condiUons oIlhis Conlrecl ror Sale and Putchase and any ~rs and addel1da (.Conlracl" 5 I. DESCRIPTION:, '-LOT 3 BloCK-:l~, 5. .lalJ..,gal r;(ug~ ,AeaI.P.rooertv located In COLLIER Counly. Florida: ' GOLDEN GATE UNIT 2. PLAT BK 5. PG 85-77.CO~I.:IER _C<?~~. FL (b) $lreel3ddress, dly. Zip, ollt1e ProperlV:, 2132 43rd LN SW. Naples,FL 34114i " . (c) ParsonaI Property Includes exlsling rangelS). relrig8l1l10l{S), diShwas/ler(S), Cllilng Ian(s), Ighl filC1IJre(S), and Wlfldow lrealmeol(s) unle5S speclIlcaIly exduded, below. Other Items InclJdecl are: Not applicable Items 01 PlnCllIII Ptoperty (and leased Ilems, II any) excluded arll: Nol applicable s $80,750:00 '-"---'- , s_$5,O~0.00 NIA s s s 15" II. PURCHASE PRICE (U.S. GUlT8ncy): '.' , , . ' .. . . . .,... , , ,... . ..... . . .. '" . . . , .... ... .... . . .. .... 15 PAYMENT; _ _- ' -' -- - 17' (Ill CllposI hmd -. escrow IjAMES E. ALBERTEW. PA r~ ~1J," \l181!/l91!!1l~) 18' Esc;lWt Agent" Iddress:600 N. WESTSHORE BLVD. SUITE 400 TAMPA, FL 33609 e:. 813-221-4743 19. Ill) AddIloI1IIIICIDW deposlllll be madlllo l:sc;IllW Agenl wW'1 ...oiL claY' .nar ElIec1H1 Oall In the amDln 01. . . ' 20" lei F"1'8IlC~ In I/le lmount 01 ("\.DsI1 Amounl1 .11 Paragtlpll N' beloW . , -- , , , . , . ' ,.. .',.,......,.,....,.,. ,. , 21. 1dl000000.....',..................."..........,."..,...".. "" ......"....,..... . .........,.. .. 22 (0) BaIanct 10 dose tr( cash. wire lI3nSlar Ill' lOCALl.Y OfIAWN casrtar's or olfociill baril c:hlIck(s), subject 23. 10 BdjuslmenlS or p/Ol'lllklns. .. , ",' .. . .. , ' .. . --. ,..,....."...;.................,...,. ".""....',.."..,' $ 24 Ill. TIME FOR ACCEPTANCE OF OFFER AND COUNTEAOFFEASj EffeCTIVE DATE: 25 la)lllhts otrer Is nol exacuted by and delWed 10 aU parlles OR FACT OF EXECUTION cornrnunicaled in wrl1ing between the paries on or 26" befOl8 18 dlYS Irom counteroffer , lhe deposlt(s! wi, al Buyer's oprJon, be rellll)Cld and this oller withdrawn. Unless other- 27 wlllo stated, the lime for acceptance 01 any counteroffers shall be 2 dllya 110m the date the counterolfer Is delivered. 28 (b) The dete of Contracl rElfecUve Dalel v.ft be the date when lI'ie /asl one of ~ Buyer and SeDer has signed or Inltlale(llhis ollBl' or the 29 final counleroffer. II such dalllls not olherwIse sel lortllln lhIJ: conlreci, lheI'l \hi 'Effectlve Date" shill be IhII dale deterrrined above lor 30 acceptance d \his 01181 or, /I applicable, the final cOlIlleroller. Deposit due within 10 days or Ert'eellYe dale. 31 rv. fINANCING; CGunllll'offors included any Adchlllda submitted aller either party sions, 32.. (al ThIs Is a cash 'Irlll'lS8ClIon wllh no conllr1genc:ies lor t1nanclng; 33" 0 lbl TWs eontr.cl is c:onti"o9l111l on ~ ob/aillng IMlIIcn blln corrrT'itmenl which c:onrnns underwrilhg loan approvellor B !can 10 PLVchasll 34' the PrcperIy ("Loan /lpprDv8l1 wtlhln _ days iii b/ari(, lt1S'I 30 days) aner EllecIioIe Dale ('l.oin ApprtToI8I Dole,1Dr /OiECK ONLY 35. ONE): (J a Iixed; b en a~abfe; or 0 B rDCed 01' aqustablo rate loan. i'llhe l.o8I\ Amol.rll (See Pn!1lJll/lII.(c)) al an inlllallnteresl rate nollo 36. elCCllCld '1(,. and lor a lermol_ years. !lJvar wil make application wIIhln _ days (H blank, lI'ien 5 days) atter E1fecllve Cata. :17 BUYER: 8U')'IlI' shaM l.IS8 reasa18bIe dI&gence 10: obtain Lean Approval; nalify SeBer In wrillng 01 recelpl at Loan Approval by Loan Approval 38 Date; sellstv 181m! oIlhe Loan ApprCYat and cIoSlUl1llIo8n. LoIwI ~ whlch requires a condlllon l8aled to Iho ~Ie rA olher properly sha' 39 nol be deemed Loan Appltl\l8l1or puposes oIlh1S subIaa!lraph. 8tJ)'l!I shaI pay at roan BXper\5IlS, 8uyl::r aulhor12es Iho mortgaga broktYfs) and 40 Ianderfs) 10 cfisdDse nlonnabl regarding !he OClndiUons. stalus" and progress allolrl applcalion and Loan Approval 10 Seller. SelIer~ anornoy, , 4 I real estale lcensee(s). and Ooshg Agenl. 42 SEl.LEA: II Buyer does not clet.'lll'lo 5eIlcr wriIlen notice 01 Loan Approval by Loan Appro\IaI Dale. Seier may thereafter cancellhis Canlrael by 43 deIverlng wrIlltnnollce ("SeIIer- Cance'atlclll Noli:e, 10 Buyer, blA nollaler Ihan SIMfI (7) daYS prior 10 00si1g. SeIer's Cancellation Noliee shaI 44 not.Wy Buyer II1al Bt.yer haS 1Iuee 13l days 10 delver to SeIet wrflten notice waNing l/'is FlIlancilg c:onlilglIncy, or the Canlracl'sha/i be can:eIed, 45 'OePOSlTCSJ(for purposes at this Rrianclng Paragr&phN(b) anIyj: /I &J)'IIl' has ll3Ild rlIlI5DNbIe di/lgllrce but cfges nol obI.... Loan ~ 46 by Loan ApplMI/ Oale, and thel8aftEl' lIIl/w par1y eleclslO C8nClIIltG ContraCl. \hi deposlt(s) shaI be IlIhmed 10 Buyer. /I Buyer obtains Loan 47 ApplOVclf or waives lHs FnIncirlg con~ and lhlllealler Ihe CooIraCI does nol dose. then lhtt deposil/Sl shall be paid to Seier; prtlYideo how. 46 eva; litre IaUe 10 cbse Is clJe 10: It Selet~ I.re ()( relusli 10 dose or s-.. olherwise litis 10 meelthe tlllTTlS OItre CclnIracl, or P9 Buyerlllercler 49 fBls 10 l1llCIlIw and IIppn:Mt an eppraIsaI oIlt'e Proper1y '" III il/'n0U1l sulIk:lan! 10 meellhe \llITTl5 r;J lhe loW! ApplO~lJ/, lhen the deposIl(s) nr be 50 reI\Xl'U:d 10 ~ 5 t. 0 (e) Assumption 01 exlslirlg mortgage (see rider lor lenos); or 52' 0 (d) Purc/lase money nole and rnor1gaga 10 Seier (sae'As Is' SlandilrC1s B and K and riders; addenda; or special clauses lor 11IIIt15). ' 53" V. TITLE EVIDENCE: AI IeasI _ days fI bIatic. Ihen 5 days) before Closing I IHIe ir\uarce CXlfmlilmenl with IegobIe Copias at inslruments Isled as 54 excepllOr1S attached the.1lI0 ("1J!!a CommIImenl, end, eIIer CIosi1g, an owner's policy or IIIIe nsunn;e (See Slandard A ra larms) shaI be obtahld by: 55. (CHECK ONLY ON!:): X III Seller, 1II Sellerls expense WId dellvet'cd 10 Buyer or Buyer"l Illorney; 01 56. I2l 6uyer al Swer~ llxpenSe. S 7. (CHECK H,eRE): ;:) If an abstracl 011'11II15 10 be IUrnisl1ed inSlead ollhl8 insurllllC8. and aflach rider lor terms. . _, 58" \Ii. ClOSING DAlE: TWs lransacllon &'1af bG dosed and Ihe dosng dClCI.Imer1ls deMnldon ' OCTO~R 22. 2009 _ ("CIo,r,g,. unless 59 rlllXlllfea by other proIofsiln5 ollHs Ca1Iracl. In the lMlnl r;J extl8Tlll wesll1er 01 olher COI1dIlIons 01' eo.oenls consllW1g Mlcroa majeure'. Clooi'lg wi!! he 60 ,ex!endad a reasanabJe lime unta: (I) res'OI1ltlon 01 ulllles and other I8\Iices assanliallo'~ and M awIabIly 01 Hazlrd. Wi1d. Fbod. 01 Homeownew' 61' inSll8llCll." such ccndHions ccnlrull rrae lhan ~ days (I \:Slk, Ihen 14 days) bayond Cbslng Date. ,Ihen ellher party may cancelltis Corllrac:l. FARIBAR ~S'2 Rev,9I01 C 2007 Florida Assoclalion of At.I&..llHS" ancl The FIo-ida Ba, All RogI1Is R&1iOI'\I8d Page 1 of 5 $75,750.00 i r 62 VII RESTRICTIONS' EASEMENTS' LIMITATIONS: Seier shall cocwey marketable lille subjeCt 10: compre'1ensive \ar1d use plans. z:ming. . , ' I, ' . ,....... I" Ing on the pial or o'I'\elWlse 63 reslr\cllons. prohibilions and other requirements Imposed by govcrM1enl;\1 OUlhOflly: restnchOns tv IV mal e. s apprn:'r , . 64 common to the subdivision; ou!Slandlng all. gas and rrJnerlll r:glllS D. record withoul rig'll o. enllY; ~np\allC:l publiC ut~I'Y BllSetn":/l1S 01 record 65 oocaled coollguous to real properlY fines and nOI more lhan 10 leel in vrodlh as 10 lhe rear or fronl lines and 1 1/2 reel In Ylla~h as 1.0 lI1e side 66 lineS): taxes lor year 01 Closlng and subsequent years; and assumed mor1gages anc purchaSe money mongages. II a:ZJ\'ci'~::'o~~~I~S. see 67- addendum); provided. lhallher8 BldSUi at Closing no viOlation of 11'.0 loregoing and none ptllY9nl use .ollhe Property lor 6a- STABILIZATION PROGRAM ,,' , purposels). , " ' 69 VIII. OCCUPANCY: SeIer snarl deliver occ;upancy of Property 10 Buyer allirne of Oosing unless olhBlWlsa steled I1ereln. If Pr~rty I~ II1tendea 70 10 be runted or occupiBd beyOnd Closing. Ihe lact and lerms thereof and the I_nfls) or occupants shal be dsclosed pursuant to AS IS SIandard 71 F. II occupancy Is to be dellverild belOre CIOSfOg. Buyer assumes all riSks 01 loss \0 ProplJ1y lrom dale of oc~. shel ~ responsible and labia 72 for melnllll1lll1Cll from tllal dll\8, and shal be deemed to have accepted Properly In ils exlst~ c~ltlon as ollme of laI<iI1g occupancy. 73 IX. TVPE:WRITTEN OR HANDWRITTEN PROVISIONS: T'tPswrillen or /'lendwrlnen provtlllons. riders and addenda she. conlrol aM prinled pro- 74 visions of this Conll'Bclln conllel with them. ' ' ' 75" X. ASSIGNABILITY: (CHECK ONLY ONE): Buyer 0 may assign and theraby be relea58d trom any ftx1her lIabilily undellhlS CUnlr8cl; ~ may 76" assign but nol be re\EIa5IId Irom liability under INs Conlract; 01 iii may not assign this Ccnlrac:t. 77 Xl. DISCLOSURES: ' " 78 (e) llle Properly may bEl subjocl 10 unpaid spedal assassmenl lien(s) ~d by B pubic ~ rpublk; body" does, nOl lnCIuda a 19 CondomIrium or Homeov.4'18l'8' Assoclallon). Such ler(s). II any. whlll/lel' certIfled. confirmed and rlllifll!d. pending. 01 payabla II'Ilnslal!menls. 00- as of Closing. wi be pald as fo.ows: III by Seller at closing a by Buyer III lelt blank. then Seller at Closing). If the amount 01 any 81 assessment to be pllid by Beller has not b8lln IneIv deletmlned as 01 C1osIn9. Seller shaft be charged at Closing on amount equal 10 thO 62 last asllmatB or assessmanl for Ihe in'1proII8I11en by !he publk: body. . B3 (b) RadoIIIs a naturaly occurrng rsdloacllve gas lhal whan accumulated h a bulld'ng in sufficlenl quantities may presenl health rlsks 10 per- 84 sons Who III1l ellpCllled to It over lime. Levels of radon thaI allceed federal ana slale guldBllnet Mile been found In bUildings In Flartda, 85 AddJIicnallnlormalion regarding radon 01 radon lasllng may be obIened 'rom your Counly Public Health unit. S6 (0) Mold Is naluniny occurring end may CllUlle hllallhrisks or damage 10 property. K Buyer Is concerned or de51reli aCldIUDI'1allnlormalion 87 ragsrdlng mold. Buyst should contacl an spproprtalli professional. " 8B Ill) Buyer acknawledges recaipI of !he FIorldIl Et18rgy-Efrdlll1cyAsIIng IntormatiOn BrochUre I8QLinId by Seclion 553.996, F.S. B9 lelll It1EI RBlII Prop8JtY Includes pl8-1978 residential housing. \hen a lead.based painl rider Is mandalOlY. 90 IQ If SaUer Ia II "lol1llgn plnOll' lIS dellned by !he Foreign Investment in Real Property Tax I'C.. Ih8 parties snarl comply with .thet I'C.. 91 (g) BUYER SHOULD NOT EXECUTE THIS CONTRACT UNTIL BUYER HAS RECEIVED AND READ TIiE HOMEOWNERS' ASSOCIA- 92 nON/COMMUNITY OISCLOSURE. 93 (Ill PFOPERTY TAX OISCLOSURE Sl.)toN.AA't. BUVER SI-O..lD /\OT R8..Y ON 1rE SBJ..ER'S o..IflFENT PFD'ERTY TAXES AS TI-E ANO.M 94 OF PAOPER1V TAXES TI-lAT'THE BUYER "'" BE C8.JGAlCD TO AIl.Y IN 1rE YEAR ~ TO PURCHASE. A CHANGE OF OWNER- 95 ' SHP OR PRJPERTY IMF'AOI9AENTS ffifOOERS REASSESSIvt:NT' OF ltE PROPERlY TI-lAT CXlU.D RE5U.r IN HIGHER PfO'EAl'f TAXES. 9B IF YOU HAVE fW'( QUEST10NS CONCERNING VM.UI\'T1ON. CONfACT 1l-E caJN1Y PROPERTY Af'PR#<ISER'S OFFICE FOR INFORMATION. 97 XII. MAXIMUM REPAIR COSTS: DELETED 98' XIII. HOME WARRANTY: iJ Seller 0 Buyer ,I!I N1A wi! pay for II home warranty plan ISSU8d by 99' 1\ a cost nol 10 8llCllOd $ U.w . 100' XIV. INSPECTION PERIOD AND RIGHT TO CANCEL: (iI) Buyer shall heve -10- days from EffecUve Date (Ulnspecllon Perlod") within 1 0 1 wh/r;h to flllVII such fnspectlons of 1M Propt:rty performed as BI/YIII' shall desire and utHlt/es service ,hall be made IIvlli/llble by the 102 Seller during Ihe/nspectlon Period; (b) Buyer shal be responsible (or prompt plJYfflent for such InspectlonlllUld repair of dall'1llge 103 to IIIId ",storatlon at tho Property ""uItIng from such inspections and thI6 provision (b) slJall surl'Ne ferminatlon of this Contract; 104 IJtId (c) /I allY'" det8nnlnes, In Buy"" sole d/sC('fJtion, that the Property Is nol Jl(;Cttplable to Buyer', Buyer may cancel this Contract 105 by delivering faaslmlle or written nollc:e of such election to Seller prior 10 the uplratlon at the Inspection Period. I( Buyer timely 106 canc:fIIs this Contract, the deposlt(s) pairJ $hall be Immed/alely relurned 10 BuyfIr, thereupon, Buyer and Setler shall be released of 107 .. furth8l' obllfllltloM under this Contract, fI1fcIIPt as provided In thl. Pantgraph Xrv. Unless Buyer r>>rerc:/ses Ihe right 10 Cll1ce! lOB gnuJled horeJni Buyer accepts lhe PropwlYIn Its present physical condition. !lUbJect to any violation of governmental, building. 109 entdronmen"" and ..fely codes, restt#cllons or requirements and Shalt be responsJble(or any and all repairs and Improvemsnts 110 required by Buyer'51end81: ' 111 ~ RIDERS; ADDENDA: SPECIAL CLAUSES: CHECK those riders whk:h iII8 applicable AND are allached 10 and made parI oIlhIs Gonlracl: 112" 0 CONDOMINIUM a VAIFHA a HOMEOWIIERS' ASSN. lJ lEAD-BASED PAINT a COASTAL CONS"ffiUCTlON CONTROL UNE 113" 0 lNSuv.nON 0 EVIDENCE OFlT11..E ISOUTH FLORIDA CONTRACTSl a Olhll' CornIlr8hBnSiV8 RIder ProYlslOnS a Alldlll1Cla 11". Special oau.(s): SELLER AGREES TO EXECUTE BUYER'S FORMS GAP AFF'IDAVIT. PUBLIC DISCLOSURE lIS" AFFIDAVIT; SPECIAL WARRANTY DEED AND SUBSTITUTE W-9. SELLER WILL DELIVER THE COMPLETED AND 116" SIGNED W.9 TO BUYER SIMULTANEOUSLY WITH THE SIGNED CONTRACT. 117" lIS" SELLER WARRANTS PROPERTY IS VACANT AND SHALL REMAIN SO THROUGH CLOSING TO COMPlY WITH THE REOUIAEMENTS OF THE 119' NEIGHBORHOOO STABILIZATION PROGRAM. 120" 121' 122' 123" 124' 125' STANDARDS B. F AND Y ME Dl!l.ETEO. DUI! TO BUYER BEING ^ COUNTY GO\II!AHMENTi'l. ~ITY WITH SPECIFIC GUIOe~INES AND PROCEDURES, SELLER ACJ<NOWLeDGES THAT STANDARO S IS HEREBY DELETED, ~.!ANDAR~,!>..~~~ N ARE "~~LfTED. t'" . 126 XVI. MAS IS. STANDARDS FOR REAL ESTATE TRANSACTIONS I"AS IS. Standards): Buyer end Saner acknowledge receipt ola copy 127 of "AS IS' Standerds A through Z on lhe reverse side or allact'oed, whlch ars incorporated lIS part of rhls Conlract. FAMAA ASIS-2 Rev, 9101 D 2001 FlOrlda Association OJ RiJoLH'''5'" ",1<1 The Flori:lo Bar All Aog'IlS Ae5elV8d Page 2 or 5 \28 129 130 Tl-flS 'AS IS" FORM HAS BEEN APPROVED BY HIE FLORIDA .-sSOClATION OF R~TOflS' f\t<K) n-tE f'LOfllOA eAR. 131 ApproVOI110e5 noI consllJute "" opInfolllhal ~ of ll'Ie le""5 and condlllollltn l~hlr~1 shOUld be accepled by Int panles 111 a 132 pJll'lIculBr IrOr\Sllcllon. r.",,5 Drill' candlllD", sI'ould be negoIIalod based upotllha . live Inlerlllls. o~11\Il!S and DIfCjla!M\g 133 pClSlUOIlM'i> atllnl8l8&led p . 134 ~ ASTERlSKl'! FOLLOWING A LINE NlJ~ IN lH€ CGIN INQC.O; CONTAINS A BlANK TO BE ro:ri ~ :;~.~ ===: .~ ~ ;:=='1=:::'=='::~'\.- ~~!.~~~5<;F'~1 141' ra;Jln252-899' , 'PhonlI' .!J.J,e~~~\~5\.f1' en X'cx.:>e> \ Phone 142 aFlOKSRSI The brok1n (Inr:\ldng, cocperaltlg blalatrs. W anYl named belOw are lhe ol1ti brokn 8OlIlI8d 10 compensation In c:onnllClb'l wit" :~.:":~\JA~"A.l,",' II lbJ~, ~\k.t \)-..~~"\' ~..u., t I ~r~..~Roa\l 'f-- 145 Coop.ratlng ~....lhnv ~. . Usllng Bra"'1;;t , .~ ~ I Tj-IIS IS INTENDED TO BE A LEGAU.Y OlNOING CONTRACT. IF NOT FULLY UNDeRSTOOD. seeK THE ADVICE OF AN ATTOR~IEY PRIOR TO SIGNING. ~\u~o~~ Dale Property acquIsition approved by Bee: March ,24. ~09,.1Jem}Qf IV't DATED:~ BUYER: BY: Donna PROPERTY ADDRESS: . 213243RD LN SW, NAPLES. FL 34116 '1 i I , ----- - ---. ..--- --" FAf\IIlNI ASI$.2 nOol 1IID7 Cl 2007 F1aI'do A5sacladan 01 fV<1~' .'1d nw Flooicl. 81l1' .. Flighls RdwveCl Pnoe 3 D' 5 v--"'-- -- 146 147 148 149 150 'lll '152 153 154 155 ,5e 157 158 159 160 1111 162 '63 164 165 166 161 168 169 ,10 171 112 173 174 175 178 177 178 179 180 181 182 183 1Sd 185 198 187 198 1!l9 190 .91 192 193 194 '95 198 197 1118 109 200 201 202 203 2CM 205 208 207 208 209 210 211 212 213 214 . "AS IS" STANDARDS FOR REAL ESTATE TRANSACTIONS A. TITLE INSURANCE: Tile T.lIe Commtlmen' snaA be .ssuo::t bV a flOloCla licensed hlle lIlSUf!!r agreoing 10 1SSlA: Buyer. upon rtll:urdlng oIlh!! dee:) 10 Sufol, an ownDl's policy 0' HIll! in.o;\Jrance in Ihe amolln. ollhe purc:nase price. insurtng 8v(llf's markelable 1~1e 10 11\8 Real Property. sub,eCI ~ 10 mailers conlalned in Paragraph VI- and UlOS8 10 be dl$ChivgllCl bY SeIIeI al OI11elQfIl 005"'9. Marl<elalll8lillS shaI be delBllTllnell according \0 8Pp'lt:allre T.:1e ,SI~arcs ao~' eel by aul/1Orcyol Tile FIotl::ta Bar and n accordanCe WIlh law. Buyer sha! have 5 Clays lrom Oal8 01 rece.mg Iha T.lle ComrniClTlenllo exil/1lN ~. and ~ Idla " lounct delecllYll, 1101i!y Se:1et in wtlllI1Q 5fl8CIII-ng lI8Iecllsl wI1icI1 render I,ue unm<lII<elallle. SllIICr sIlO_ hove 30 clOyS Iro,," rece,pl, 01 f1Oll~ ID .emove fila deleel.. lailng which Buyer shall. wit"., 5 Clavs all. expiralion 01 IIID JO ooy perIod. delivlll wr~len 11OIICIIIO Seller e.llIer: "1 aXlenLl'"ll \ne a"'lI ror o,'eoson. iItlle perioo nollO exceeo , 20 daY$ W1lhn wtiIc:h Setet sheA U3ll d.oganl ellor110 remove the deleels: or (21reQuesl.11g a rof.....d 01 d~SI~$l paid which !M' be returned to BuyeI. If Buyer lalls 10 sO noli'" Sener, Buyer shaM be deemed 10 hll\/e accepled the IUIe as ~ lI...n IS. SeMet ShaM, .f "'Ie .5 louod U(V"erlcoloble, use dligenl elfarl 10 cor,ec1 delecl(sl wilhin ,"" lime ptO\ICIed. If. aIlet digenl onarl, Sillier is unallllll~ limeIy corr~1 the deleels. Buyer shall Bilner we voll\a delects. or rwcelve a rtlund of dopoIil(e). lherelly reusing Buyor onr:l Solor from 111/ further obligaliol1S under lhis ConlrllCl. II Sellel IS to provide lha nue Ccrm>iI~1 and it is delivered 10 auver lesS Ihan 5 dayS prior 10 Closing, Buyer may exlend CIOIin9 so Ihat Buyer shall have up 10 5 days trom dale of /eclllPl 10 etamne same in 8CC:OrtlanCll wIlh ltis 'ASIS' Standard, B. PURCHASE MONEY MORTGAGE, SECURllY AGREEMENT TO SELLER: Woes 159-168 DELETED C:, sURVEY: Buyer, II Buyer'S expen.~ ""'hin lime aJlowed to ~ 8\IIdlInC8 of till~ and 10 ewamirle same, may ha.,. the AsaI Properly :surveyed and certl' /led by 811l9is1llllld Florida sufW'lOl'. lithe FAJMIIi discloseS encroadYI18nIs on the Real Prcpeny a' IIIlIl iri1prtWeI11IlI$ Iocaled Illereot\ encroacn on selbaCk rIMS, -"lands of olhers 01 vioIale etIy te5l1icIions. Contract eDVef'llW'ls or applicable governl1Wnl" regulations, \119 same SIIaI COIl'i'"uIO a IoIIe delllCl. D. WOOD DESTROYING ORGANISMS: DELETED E. INORESSAf/D EGflESS: Seller WlIlTlW1II and IlIJllaSlll'lls tI1aIlIl8r8 " ingress and egr8llS 10 lhe Rolli Properly sufflCienl lor ils inlanOed U58 85 describllCl in p8tlIQI1IP/I1/II hereo' and \ille 10 the Real Prooell\l ill in... """Ie in acal<dBnc8 wilh 'A,<; ~<;. !':1NV1An1 A withO<r. ewa/plion lor lack olleglll right CilIICcess. F. LEASES: Lines 175-179 DELETED . ?l~ ~1{;' 217 O. LIENS: 8eIer s/UIll/urnlsh 10 Buyer i1llme 01 ClosiIlg en alflCllMllllllS~ng \0 Il'Ie absenCI. Unless olhelwlsa ~ed lot heren, 01 i1IT'/ Ilnencirg s1a1emenl. c:laims cllItm or potential ret1Cr$ kncMR110 SeIer an:Ilutlher attesting IhallherB have ..., no 1mp."lMlTlllI1lS or repairs 10 Ihe Real Fropor1y lor 90 dayS irnme. dlBlmy precedng dale of Oaslng, U Ihe RelIf F'roplIr1y has billIn ~ or repairad wIIVllhlll Dno, Seller sI1aI deliver reloases or waivers 01 eonsltuClion Ioens llXoculed by all general c:ortr8Cla'S. Sl.bconIraclors, supplla-land ",ala~llImen in eddiIion 10 SefIer's Dan ""Ida.if $lllIi'lg font> II-e names or .., such gen- eral CDlw.;\cn, \IUllCOI1lraclOl'S, lIJPPIens and mat.-ilJlmel1. full10r atrrminy lI1al all cna<;JllS for IlllpIOiIomonIs or /l!poi's which could serve ae . bllSlS lot a consI~lion '*' or 0 clMn for darmges have been 0llIll or will be pllklllllle CbsIng ollhls ContreCI, Ii. PLACE Of CLOSING: ClosW1g SI'1IlI be hBId althe oltice 0I11Ie .IIQfney or Diller clo$i'1!j ilQ8"I ("OOSing Agent, daignaled by IIIe party P8Y"'9 for liIIlI irnRIancII, I. llME: CllIetIcB' dIIvS shIIlllfl used In \lOITllUIi19 11m! peri.':JdS llJIcop1 penoDl of loSS II1IIn !Ix f6) ClayS. n wIliCI1ll11en1 SaIurdIlVS, SundBy:! iI/1CI stille 01 ",,~:lI1. ..legal ~ sheI bo oxcUdel1 Mr lime period$ poovIded lor htnn ~ WI end on a SaIIItlaV, SinDy. UI " 1llgaI1'OidlIy 5h...~ lllClenD 10 5:00 p, m, or lhe ""'" busi.- ~ l1me II of the _ In Ihls ContnlCl J. CLOSING DOCUMENTS: SelB' shaIllurl'li~ Ih!l deed. lJlI 01 slllB. c:enIliCBle ollillll. conSWCllOnllll181"davl, llWIl!lI''s possessfcn aIIlcIevlt, assJgYnenIlI or leIS. .... l....tllnd mmtgagee a.<lOppelletters and corJedive nstJumef\IL Buyer shallunish morIgagII. mortglllJll noIe. securiIY agrvemenl and fnanclng lIaleme.~ls, K. EXPENSES: Ooc:urnIlIllary S1~ on Ih8 d8Kl1I'Id iICordInIl at CO/IlIC1ive inSIIUmenta shBII tle paid by 5eleL AJ cos15 ol Buyer's loan (whe\hel oblBinDd frun 5aIel or IhiId JlIII11Il. incUding, llul nolllrnt8ct 10. cIOQJrnlII1laI' statilps and intangble lex on lhIl pI61lI'ese money mor1gage end wry mor1~ge assumed, lT1CIrtgageelille,llsII8nCeconvnltmral wIIh AlIBIed '-. and ~ o( purch/I!llI /'I1CW1CY morIgage. dll8d DIlcl ftnanc:lng SlolMlenlS shal be pllld bV Buyer. Unless oll18rwlse pnwldBd ~ law or rider 10 this Contrm. ctwges lor 18I81ed clasIng SlIIVICea, IIIIe $8iIfCtI, ard cbsIng lees (oncldng prlspsrillign 01 uloslng ..lament!. IIhaI be piIld by Iho p8IIy respansble for fl.rn1Shin9 thlIliIle lMder1Celn eccordllllCll .-iIh PonlgrDph V. I.. PRORATlOIlI'; CREDITS: lbxes, assessmenls, 1IlI1I, i11eRlIl. nuance lSI"d other IPlP8f1SlIS 0I1he Properly &hIl be prorlllllUltIDugh the d1rt belonl CIo5V1g. Buyer shiI hIM lhe opIIan 0' II1k1'9 0VflIt lllliSW1g poficies of i1SUllInC8, . assurnBbla, i1 wIicI1 eoer1 ~ ShIll be pIORIlIld. Cash 81 Cbslng s/1IIIl be Inc;IlIIISed or decree., as mey bO RlqIAred by proralian& 10 be I11IIdIIltvougI1 dIIy prior 10 ClosIng, fJI 0CClJIlllllClI, . ~ OCCl.'IS babe CJoU1g. Advar-cc rnand sec:uily deposfts will bel crediled \0 8uylIr. Sscrow ditposb held bV mongege. wi be aedillod to Seier. T_ s/UIll be proratllCl baSed on l/1a CIIII!t1I yeat'S IalC wiII1 duo IIIlowBnce made lor maxirnutn IIIllwllble disccunl. homl:sIoed and ou. exemptions, If CIo5lng ClC:Cln III .. Cl8le when 1110 ClJl'TenI yellt'S mlll- age ill noC Ix8d lI1d c:I6TW1I )'OBI''S lISSe55mant iI ewilDbIa, lalCas wi be prlIIlllOCl bIIsod upon st.Ch .-nenI and pttor \1081'S mlllagO. If Cll'1IlI1I ye...'IIl15Seis. mtII1Ils noIlMIillble, Itwllaxas wi be prDI'IIlsd on prior ye-'s cax. 1I1h8n1818 cornplGllld imprtMll'/IlIOlS on lhe ReIII Proporty by January 1&1 of year at ClOII1g. which ~ we1ll nol in exislllrCe on JaN8Iy , $I 0I1l1!or~, lhen I....s &hall be prgraled b8sed upon prior yolll"s millage and III an eqUllI!;le _ess. menI Ie be ..greed upon be\wMn IIllI plWIIes: l8llng WhIch, rIlq.J8Sl sl1llII be mildll 10 Ihe, County Property Ajlptliser for an Intormal assessmenllaJdng inlo ac=tn 8IIIIiIallle examplicnS. A UIll proralfon bllSed on en estlrrele $/111I. 8l1\lqUlll5l 01 Bllher parTy, lie rl!lll$Jsllllll4JOn receipt of curlllOt year's lax b:R. M. (RESe:RVED. pwposely left blank) N. INSPEOllON AND REPAIR: DELETED O. RISK OF lOSS: If, atl8IlI18 EtIeclMi Oale, IIle Properly Is damaged by ate or oll'er ClI$UIllly ("CaSUBlIyloss1 before ClOSing and cesl of restOl'allOn (wI1icII s/1lIIlnc1ude 11'I' cost 01 prunir1g Ot remOIIIng demagect lrea> does not elCCllOd 1,5" of lhe Purchaso Price, cost 01 restorauon sI'IaII be an oblll8llOn cJ ~r and Oosng shell plOC88d pl.WSU8IIl ID 1I1IIIenns of IIis ConInIc;I, and . reslorlliol'l is 1101 c:ompleled lIS 01 CloSing. resIOrellOl1 costs wl.l be es;IOWed aI Closing, U \he _ 01 f1IIl_lion IlIC88dI 1.5'110 011110 Pt6l:NlSIl PlIoe, Buyer _ ..__ II"" .110 PRlJ*1Y 01 is, '_Iher WlIIlIhe 1.59!. or, ,- a relund 01 dopo$ll(S1 lhereby reIeasi1g Buyer nl Seller Imm all futlhol obIigallons I61der lhis Conlrocl. Sellor'l sale obf'9lllill'l with IellP8ClIO 1188 'c;jamege by ClI5UiIlIy 01 olher nalu, ,aI occurrence IhaI be lha cost 0/ prur.ng OII1ll11ClYII, ' ii, Cl.OSING PROCEDURe: The deed snaU be racardlld upon clearerce ollunds, illhalrtle agent itlsu,.. adverse rr.aners pu,S\JlII1IIO SecliOn 627.7641. F.S., as amended. the escrow and c;IO$ing pr0C8du"lIlequited by lhis "AS ,S' 51i1ndilrd shall be waived, UOle" wa;.,ed as sellorth abovelhe follOwing FARISAR ASIS.2 Rev 9107 0 2007 Fbida Assocetion 01 RtAL,OHS" and The FIor:da Bar All R;gI\ts ReseNed ,Psg_ 4 01 5 218 219 220 221 222 223 224 225 226 227 228 229 230 231 :z32 23:1 234 235 236 237 238 239 240 241 242 243 244 245 246 247 T. CONTRACT NOT RECORDABLE; PERSONS BOUNO; NOTICE; COPIES: NelIhIlr rnl5COnltacl nor IIfl)I noIicu 01 il 5h8J be JeCotdIld in at?( pWlic reccn:ls, 248 THs ConItacl &hill bild lIt1d ..... 10 lI18 tIenlIliI g/ IhII plltlitls and their S~ in interesl. ~ the c:onlelCl permilS. &Iog"'.t shill inl:U:Il' plunll and 249 one gend.r SIlBI inelude 81, Noliee and cIeINety gl\IetI by or 10 lhe anorney or broker represeNmll env par1y $hall be 8S clfectlve as K given by or 10 thal ;lIt1y, 250 AlA nodc8ll mu&l be In wrillng and may be mild. by mill. parsonal cteliwry Of otec:\IDI'lC meda. A legible IlIcsmiB 01 .llIcllOllic (Ind.xlin9 'pdl") copy nllhls 251 Call1'ilCl anti env sigrelll8i herBCn shaI be cansidlll1ld for aI purpoSBS as an o<;g;nal. 262 U. CONVEYANCe SelllIt shilll convey matklllable title 10 lI1e Reel PropellV by staIUlOry warriflly, ltUSIH's. personal represenlalive's. 0< guar:liao's deed. al 253 arppnlpriale 10 lI1e 5IelUll 01 SlIer. 1IU1Il1CI 0Illy 10 manera c:onIlIinIIClln ~egraph Wand Ihollll OIh8tW1Sll occcPIod by Buyer. Petsonal Propel1y sI18I. al file 254 rvquelIl 01 Sul*. be tnInSIened by ., absolute tll 01 &ale wih WMlWliy of UIIe. subjllcl o~ 10 su;h moiler. ill may be oJhefwiSIl prOVIded lOr heren. 255 v. alliER AGREEMENTS: NIl prIOr or pntSenI agreomen.. or /1IllIQ8t1lOllans SIIaII be bindong upal Buyer or Seier unleSS InclucIed In I"" ConInIc1. No moo. 256 IrlClllil1n to or CIWlglIIn lhIsCclNRlCl ... 1HI valid 01 binding LIJOA \he penies LrJus in writing and e_~ed by the petllP$ inlenClod 10 be DOUnlI by U. 257 W. SELLER DISCLOSURE: (11 There .. no lad. knOWn \0 SllIIet.tlllIIeriBfy afleeting the ".... of lhe Prcper1y which Ite no! readlly observa!llll by Buyer or 258 which IIaYII nol been cIiscIOsed 10 Buyer, PI S.... Mlemn _Inlands no WIIITMly tUId "..kes no "'P,esen/alloll of IIIIY rype. either flqKYlA or ImpI/fld, 259 as 10 file physIAI COIIdlrJon orhistOlJ' of 'M Propetty; (3) SeIIet has I'ftcefVtHI no written fir vettNJI noIIc:e from rrny gflvernmetltlll 81Iffty or agency IS 260 10 . cumlIltly IIICOITeChtd building, erwIronmentlfJ or safely code vlollltion; (41 Seier /1U n" knowfeclge of any repa/n or Imprrzvetnfll1/J madll 10 1110 2111 Property wilholtr compliltnto with go_rAl regulaUOII whlr:J1 n,Vfl nor been discloSed 10 BUYflf: 262 X. PROPERTY MAINTENANCE; PROPeRTY ACCESS; ASSIGNMENT OF CONTRACTS NfD WARRANTIES: Seller shaI mall1laln Ih8 Property, 1I1clJ\i'19. 2a:J bill no' limiIcCllo lawn, shl\lblllrt. ~ pool WIN condiIlan IlldsIlng IS or ElfecliYe Call, ordi'l8fy wearllOCllllllr anti CasllaIIV loss exc;cptea, SeIet shal~ 14I0tl 264 l8ilIOlIIbte noflcll. provlc:telll'" SIll\IICe anti access 10 ~ F'Ioperly la apprsisal anti ir1SPlIC\IOnII. Inc:lIdng 1 walkoll1tou\jh pro 10 ClOso"i). 10 c:onronn InaI 265 II I\8IT1S 01 Personal Propor1y are on the AlIaI Property ana thaI \he Ptopeny hllll beefI mlintainlKl as tBqUlrvd Ill' lhis 'AS IS' Sl8/llJoIld. Sele! win Issign all 266 8SIlllneble rePBIr iIfld It1laIm8t1t CDnIrlK:I. and wwranllelllO ewer Bl Closing. 261 Y. 1031 EXCHANGE Lines 267.270 DELETED ' 2l11l 269 270 coningllfll upon. /'QI' lIlItenclBd llf deI~ Of. such ElIchitIlge, 271 Z. BUYER WAIVER OF ClAIMS: BuyIr W8IvN I/ItY cf/lhns """'$r Sllitar IItId. 'ollie /flrlen' ponnftlod by law, /lgainst any reAl estllle 6censee ;nvolved 272 In 1M negolhttJon of the Co_I. for.., dBfrlclI or orher dilll14f1'1 that may elffs' ., Cloq of /h/f Con'",,! and bf/ subsequently dlscoverfld by 11IO 273 Buyer Of' ""JlGne clAIming by, rhrough. ""tier or againsllhfl EJuyl:r. "AS IS" STANDARDS FOR REAL ESTATE TRANSACTIONS (CONTINUEDI ClOSing ptocoo.r.css~allllPClly: 1111111 CIOSin!j proceeds rihal1 be held on ese/ow Dy IhO CIOs.ng AgerAlor a flCrKin 01 not mere IMn 5 rJ~ys allcr C:OSlll'J: (21 ,I Se/Iel's 1iI11I is rer.derod unma,,<elabl8, Ih/<lUgh no lavi' uf Buyer. Buyer sl"...~. WlIhn 'he 5 day pet1Ocl" nolily SuDor ., WIlling ollne dcleclllnd Ser.er ShR.' t'Iavo 30 clays born dell! gllllCBlpl of tuch nobllcahon 10 CUt8lha de'ecl;(:I),' Seier lads 10 Iltllelycurl Ihe daloel. ilIl depo~'" end <:'05.ng lund' 5nol, upon wr~lef'l der1'WII1d by Buyer ard w.I/Iin 5 days aNlIt demantl. be relutnedlo Buyer onc!. Sim\lnanCClllsly with such repayf\\enl. Buyer Sf1all relurn IIIe Personlll Properly. vacallllha Real PropertV end reconvey Ihe Properly 10 Seier by speciai warranly deed and bill 01 sale: and (4),1 Buyet la.ls 10 make timely demand tor rafund. flu\'er shall lake IilIo as is. waiving all righls egail1$' 50:lor as 10 arty nlervenin!l delcel e.cepl at may be IIvII.able 10 BUylll by vlt1ue of wat, rsnties conlained i'llhe deed Of biQ of sale. ' ' Q. ESCROW: 'Mt C10Slng Agent or esCrow agel'll (cOlleCtively "Agent1 rcceiving fundS Of equiYBlenl os, aulhO<ized and aoreas byacceplllnt:e oIll1em 10 depOSl' I"'"' promptly. hold same in cscrow iJI\d. subjllcl to deara.~. disbu'se lhem in acc0tClanC8 wdh 11ll11I5 ancI conditionS 01 'hIS Contract. Failure 0I.1urds In cIe.- sh8l nol excuse Buyet'S pet1Ormence. If It'I cIoubl as 10 AgBII's duhea Of ..abilities under lhe prOVISions ollhls Conlracl. Agenl ma.~. al Agenl ~ Dl?'00II. eon. Iinue 10 hold IIlI subjeCl miller of thl IlSCfOW .....Id Ihe \lIIIies hereloagrce 10 ,Is clisburSBmenl r;t untd I jUdgIT1llnI of a cou1 01 compelenl ~1C11Ol'l shaa detetmine lhe righls ollhe PIW1ies. Of ,t,genl may deposil same v;ilh 11\8 elG'k oIlhe cin:ui1 ClUl having jurisdic:loon ol1l'le clispul8, M .:Jl1omey ~ reprcser.t, a pat1V n:l al50 actS as Aganl may represlllll SlJCh pany ,n such action. Upon notifying at pat1ies concerneaol such 1ICllon, aIlliabillly on the part 01 Agenl shall My Iarmi'lale. excllJil\ 10 lhe e.lfII'C 0I11CCXllJt11"'9 \or any items previcuslv delivered oul oI8!:C1'OW, II a .ccnsed rolll eSlale brokcr. AgCll1 woll COI'f1'Iy w~h provisionS at Chaplet 475. F.5,. IS emended. ""' suI1 be1ween Buyer and Seller whelein AgIlnllJ mede e pdlt'f because 01 Icllng ~ AgIlt1l hereunder. 01 in any 5UII w",," ,e.g.nl ntetpleadS 1I'le subjacl mailer 0I1hc escrow Agenl shall rcclMll' reasoneblll ellomay's le.s and eos.. "'CUlled wWh 1he50 amounls 10 be pIIICllrom anti 0IlI oIlhe lJICtowed Iunds at equiII8\III1lll1'\Cl ChlIfged anti awilldud . cour1 c;lsls fl llMlt 0111\8 prevalinQ par.y. The Agenl ,Sf\aIl not ba Iable 10 W7f P.1v 0< per1IOn lar /I1bdOliYCly 10 Buyer 01 SelIet Of IlIIT\I sulljecl 10 lno escrow. unleSS such rnisdelive'V is Clue 10 wiUIU breac/l olllle p.ovisions 0111115 (lonInIcI ar gross nogIIg8I'oC8 01 Agent. R. ATTORNEY'S PEES; COSTS: In onv .tigalilln, InclcJding brllllCh, enlon:emenl Of interplllla/OO/I, MSif\g out orlhs Contract. the prevallng patty In su;.'1 Ii\i. i11l1ion, which. lor puIlJOSSI oIlhi1 'AS IS' ShnIard. shlII indude SeIer. auver and Dni, tIrOkerS Deling In agency 0< n:>nBgllflCY ,.lions/llpS authOnzed by Chapler 475. F.S.. as amendecl. 1II'l81 be enll1lecllo recover 110m the non.prevaling patty reasonable al1orney's foes. COSIS and e.penses, S. FAILURE OF PERFORMANCE: Lines 241-246 DELETED FAIWAR ASIS.:! Rev 9'07 C 2007 Floricla AssocoalO/l of ~.OHS" and The F100idi Bat ,., R;ghl. R....toMld PaD' 5 of 5 'r'" T'HIS DOCUMENT HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD C:ONSUL T LEGAL, TAX, OR OTHER PROFESSIONAL COUNSEL BEFORE SIGNING. Counterproposal to Purchase and Sale Agreement .,'pis Counterproposal to Purchase Bnd Sale A&reemenl ("COUnlerproposal") amends, modifies, revises, Bnd is incorporated for 1111 r!utp05CS Into the proposed purchll5e and sale agrecmenlor coiltract (together with an)' anachmcnls or addenda thereto. "Contract") dp.led 08/31109 between S.oon MOIIga9. SarvtcJI'no. ("Scllcr") and Coller CourtlY a Pal",. 01 Florld' ("Buyer") :clating to the sale and purchll5e of the following described real propcrt)' ("T",05actlon") located in COWER CounlV. roL . otherwise know as 2132 43RD LN SW NAPLES Fl J.tI116 ltol!Clher wilh Bny imorovemenls thereon. "Pro.pertv"l. S.:lIer and BuyCf agree as folluw!>: . PRICE, The "Purchase Price" sholl be S 80750 , "Eomosl MoIICY" in the omounl of S 5000 is due upon Buyer'sllC(:eplaOCC orthis Counlcrproposaland is 10 be held by iAiiil!s'e:~A.. Earnest Money shall be in a form lICceplable 10 Seller. Including certified funds. cashiers and lcllen checks. and mone)' orders; cm is un"Ceplllble. NOTWITHSTANDING CUSTOMARY PRACTICES OR ANY PROVISION OF THE CONTRACT TO THE CONTRARY. UNLESS OTHERWISE PROVIDED IN THIS COUNTERPROPOSAL OR REQUIRED BY APPLICABLE LAW. THE EARNEST MONEY SHALL BE NON.REFUNDABLE. In thc evenl the Contrllct or this COlllllerproposal provides for the release of the Eamesl Money to Seller, ellecution of Ihis Counterproposal by Buyer will SCIVC as a wrinen release, and Ihe only releasc necessory, for the escrow company or closing agenllo immcdialelyrclcase Ihe Earnest Money as such 10 Seller. . SELLER CONCESSIONSI Closing Cosls (not 10 clIcccd): Seller.paid Repairs (sce below): Lender Required Repairs: Homeownen WDrTanty Amounl: Other So S S $ $ If Seller has agreed 10 pay for the cost of any rcplIirs ("Seller-pllid Repairs"l. Seller shall couse such Seller-paid repain 10 be made byconlrllClors designated and approved by Seller, prior to the lime the Transacllon is clDsed ("Closing"). In Ihe, evenl CIDsing does. not occur, Buyer will be rt:5ponsible for Boy costs Buyer has incurred in conncctiun with this Conlract. Closing costs paid by Seller wlll be paid al Closing and must be based on aclual, specified closing cOSts. At Closing, any Seller shall illY for - NA following and repairs, if Ihe trcalmcnls . CLOSINC: The ('losing shall be on or before OCTOBER 2i 2009 :'Iosing Dale"), The "Closing AgCIII" will be ALBERTeLLI LAW CREOI 'or Buyer's lille insurance provider indicated In paragraph 16 below TIME IS OFTHE ESSENCE IN TillS CONTRACT. IN THE EVENT ANY PROVISION OF THIS COUNTERPROPOSAL CONFUCT IN WHOLE OR IN PART WITIl TilE TIi.RMS OF THE CONTRACT. THE PROVISIONS OF TillS COVNTERPROrOSAL WiLl. CONTROL EXCEPT TO T~tE EXTENT SUCH PROVISIONS OF THIS COUNTERPROPOSAL A.RE CONTRARY TO ANV APPLICABLE LAWS. KULES. OR REGULATIONS ("APPLICABLE LAW"), IN WHICH CASE ,THE CONTRACT SHALL GOVERN ONLY TO THE LIMITED EXTENT NECESSARY FOR COI\o1PUA';(V WIT, H ANY SUCH APPLICABLE LAW. Buyer's Inlllals ::r BUyer's (nlliDls ~ , Seller's lnilia~ ~ 0A PI'.;;e I of 10 C' .:..IIlcrpropoill '" i"urch&5C IOd Std. ^1I'.~IIIC1n O6IlOiOI \ The terms Bnd conditions of the Contnlclllre funher lII1Iended, modified. and revised by this Counterproposal as follows: l. ~ Seller shall furnish to Buyer al Closing. either :I special warranty del:ll. a quitclaim deed, or such other deed ("Deed") necessary to convey insurable title 10 the Property. subject to the terms or the Contract and this Counterproposal. If more Ihn one :;,~,,)..d w'" wm.. r."""",,,,, ,'w...."", "''' ':/\ ;" ._.. ." .,'" .. r.~ .. _ .. ~'" .. Pm"", .. Buyer's Initials ~ 2. Consideration of Orren. Buyer acknowledges that Seller may Mve received offers prior to or may receive offers oner receipt of 6\lyer's currentotrer evidenced by lbc Con\nIC:l. Buyer acknowledgCli Ihat Sidler may consider aU offen to purchase the Property, re&:Irdlcss oflhe dale of receipt, and that Sidler may accepl Dr rejecl any otTer in Selh:r's sole discretion. Seller's agreement to sell tile property 10 Buyer is evidenced solely by Seller's signature Oflhis Counlerproposallllld no prior oral dlsctl5sions or representations of ar) kind by Seller, or its agents or representatives, shall be binding upon Seller unless set forth in this Countcrproposlll ~ Special Condltlo_,. Buyer acknowledges thai Seller obtained lhe Property by foreclosure or a deed in lieu of foreclosure. The Cr.:1lntct and !his Counterproposal may be subjecI to the following: (a) approval by D private mortga;c insurer; (b) repurchase of the rrollert)' by the prior mortgage scrvii:er or Insurer. or (c) !he ability of Seller 10 convey insurablc title as required by the Contract IlJld t~.IJ Counterproposal. In the event Ibm pnyoflhesc conditions apply, Seller in its sole discrellon mllY terminate Ihe COnlfaClllJld this '::ounterproposallllld promptly refund the Eamesl Money to Buyer as Buyer's sole and exclusive remedy. Upon such termination. ~Ilcr shall have no fluther obligation 10 Buyer whalsoever. Neither Seller nor lIOy of its agents or representalives have occupied Ihe Propeny and neither wlllTllnlS or represents thai the Property or any alterations or additions which may have been made 10 tbe Property conform to Applicable Law. Buyer hereby acknowledges lhal Seller shall nol be providing Buyer with a Real EstBle Transfer Disclosure Statement and/or a certificate ofoccupaney wllh respect to the Property. Buyer, to the extent pennissible under Applicable Law. herehy waives :lny req..iremcnl that Seller furnIsh Buyer with any such disclosure statement and/or a certificate of occupancy and hereby releases Seller, and its successors. assigns, affiliates. directofi, "meers, employees, owners, agenls, and represenlatives from any and all liability rc',L1lting /Tom the non-delivery ofsuch disclosure Slalement and/or certl at of occupancy. Buyer's laltlals ~'OLD, MILDEW SPORES, AND OTHER MICROSCOPIC ORGANISMS AND ALLERGENS (COLLECTIVELY, "~,IOLD") ARE ENVIRONMENTAL CONDITIONS THAT ARE COMMON TN RESIDENTIAL PR,OPERTlES AND MA Y AFFJ::(.I THE PROPERTY. MOLD, IN SOME fORMS, HAS BEEN REPORTED TO BE TOXIC AND TO CALISE Sfo:RJOUS PHYSICAL INJURIES. INCLUDING, BUT NOT LIMITED TO. ALLERGIC AND RESPIRATORY RF.AcrIONS OR OTHER PROBLEMS, PARTICULARLY IN PERSONS WITH IMMUNE'SYSTEM PROBLEMS. YOUNG CHILDREN, AND ELDERLY PERSONS. MOLD ALSO HAS BEEN REPORTED TO CAUSE EXTENSIVE D,\MAGE TO PERSONAL AND REAL PROPERTY. MOLD MAY HAVE BEEN REMOVED OR COVERED IN THE COURSE OF CLEANJNG, REPAIRING, OR REMEDIATING THE PROPERTY. IF SELLER, OR ANY OF ITS AGENTS me REPRESENTATIVES, CLEANED OR REPAIRED THE PROPERTY OR REMEDIATED MOLD CONTAMINATION, SELLER DOES NOT IN ANY WAY WARRANT ANY SUCH CLEANING, REPAIR WORK, OR fi:EMEDIATlON. BUYER WILL TAKE TITLE TO THE PROPERTY "AS-IS," SUBJECT TO THE PROPERTY ('ONDITIONS THAT EXIST AS OF THE CLOSING DATE. BUYER IS fULLY RESPONSIBILITY FOR ALL HAZARDS THAT "'lAY RESULT FROM THE PRESENCE Of MOLD IN OR AROUND THE PROPERTY. BUYER IS SATISFIED WITH THE CONDITION OF THE PROPERTY NOTWITHSTANDING THE PAST OR PRESENT EXISTENCE Of M.OLD IN OR AROUND THE PROPERTY, AND BUYER HAS NOT IN ANY WAY. RELIED UPON ANY REPRESENTATIONS OP SELLER, OR I,TS SlICCESSORS, ASSIGNS. AFFILIATES, OlRECT07', FFlCERS, EMPLOYEES, OWNERS, AGENTS. AND REPRESENTATIVES CONCERNING THE PAST OR PRESENT E ISTENCE OF MOLD IN OR AROUND THE PROPERTY. -1f)} , .f\ L Buyer's Initials ' ~ Buyer's Initials ~ Seller's Initials -v---- I':',;e 1 or 10 I:",",,"'P'''''''W I. rv_ ODd Sale AS......IIt Ol>?O.'O1 ,.. 4, Penonal Prooertv. Items of personal property loc81ed on the Property are nollO be considered as p:u\ of the P~rty ~ lire not included In the Conlracl or this Counterproposal. Seller inakes no repmenlation or wlIll'lInty as to Ihe conditIon of, tllle 10, or r.ricumbrance of any such personal propertY, Seller shall have no lillbility for any claim or losses Buyer or Bllyer's successors or B5~ign. may incur as a result of any condition or defect Ihal may now or hereafter exist with respect 10 slleb personal property. No bill of sale will be provided at Closing; provided, however, Seller shan provide lbe minimum doeument.tlon aecessaf')' 10 Iransfer liD)' mobile or manuractured home located on Ibe Property. I t\} Buyer's Initials ~ S. Occuoled Prouem, In Ihe cvenl the Property is occupied by one or more tenanlS, Seller makes no representations regarding: (a) Ih~' existence of II wrinen lellSe agreement; (b) the term of such tenancy; (c) whelher renlpaymenls arc current; (d) Ihe amount or rent 11',11 should be paid; ur Ie} compliance with renl conlrol, n:gistralion, or other Applicable Laws. In addilion, Seller does not hold any security deposits for any lenant and Buyer is solely responsibile 10 IIny lelllll1t for Ihe return of any security deposits and IIny inlerest Ihereon. 6, "AS IS" ConditIon. Seller conveys Dad Buyer accepts tbe Properly!a ..~S IS. WHERE IS" condition at the time of Closing. including Rny known or hidden defects. Neltber Seller nor aay penH acting a. Its agent or representative Is making allY ~ :arranlia or representatloas. eltber express or implied, as to tbe condition of lbe Property. Buyer bereby releases and ngrees to hotd harmless Seller and and Its SlleClC150n, assigns, .mUata, directors, .mters, employees, owners, .gents, .nd representattves from aay and all claims or liability with respc:c:t to tbe condition oftbe Propeny, 5el!cr, most specifically, makes no warranty or representation as to whether any utility service, including water, sewer, electricity, &I.IS, and other such service ("Utilities"), serving the Property ore public or prVQte. Buyer's Initials ~t 7. Baver's Rh!ht 10 lasoc:c:l. Buyer acknowledges Buyer's opportunity 10 inspect and invcsligate Ihe Property, either independently or through agents ofBuyer'sselcetion. Any such Inspection shall be made lit Buyer's own expense and shall be complCled within ten (IOJ days from the cKc:c:utlon orthis Counlelpl'Oposal by Seller. Buyer shall rely solely on Buyer's inspectiOll and review to evaluate the condilion of the p,.rty. 'Buyer further acknowledges and ajp'ees tIlal Buyer is 1I0t relying on any statements or rcpresentations made by Seller or Seller's agents or representatives lineluding, but not Iimiled to, information disclosed on the MLS) as to Ihe eondition or the Propcr1)', including, but not .limited to, the condition. structural soundness, and working order of: heBting/air conditioning systClllS; sewage; roof; foundations; soils; septic systems; plumbing; lot size; suitability of the PropertY for particular purposes; appliances; Utilities; and any impoveJl'u:nts to the Property. Buyer further lll:knowledges Bnd agrees that Buyer is nol rel,lng on any stlltements or representotions made by Sellcr or Seller's llgenlS or rcprcscnllltives I'llgardlnll whether thc Property is in cO:l\pliance with Applleable Law. Buyer ack!loWli:dges that Eluyer is responsible ror obtaining any inspeclion reports as to: (a) the cundltlon of the Property &nil Itny appllllJ1ccs,stnJctW'lll components, heating/air conditioning systems, sewage, roof, foundations. soils, septic sySlemS, plumbing, and Utilities; (b) suitability for use or the Property; (e) the presence Of,Bny toxie or hazardous suoslances on Ihe Propcny,lnC:ludlng, but not IImitccl to. radon,lIlibesloS, lead paint, or Mold. (d) any olher facton Ihat would render th... Property uninhabitable or dangerous to the heaUh or the occ;upanlSi (c) whether Ihe PropertY is in compliance wilh Applicable lAw; and (f) any other facton regardlns Ihe Propcrt)' about which Buyer may be concerned. Buyer's failure ,to inspect the Propcrty s"..1I not alter, or impair the under:standing and acrccmcnt between Seller and Buyer lIS set forth in tile Cootract and 'this Co:ntcrproposaJ. No inspections may be made by any building Dr zoning inspeClor or government ctrlploycc without the prior written c~'n5enl of Seller. ) Buyer's Initials M l Seller's Initials ~ Page 3 of 10 C....'.....p.IllIIO ........... ...4 Solo AIR.....' 06/30.01 Irthe Property has been winterized and Buyer wishes \0 de-winterize the Property for the purposes of Buyer's i~pe~io~s, Buy~r ~t notify the listing agcnlldcntlfied below ("Listing Agent"). Only the Listing ^gcnt IllIl)' amnac for such de-wlIltenzallon. whIch Will be IoOOduded lit Buyer's solc cost. Under no circumstDllee shllJl u er de-winterize the Property. Buyer's Initials Buyer shall indemnllY and fully protect, defend, and hold Seller, and its successors. assip, affiliates. directors, officers,' employees, OWilers ogcnts, lIr1d representlltiws, hDnDlcss from lIr1d againstllllY II/ld all claims, liens, loss, darriages, lIr1d costs and expenses of C"ery kind m:d nature (iIIeluding. butnollimlted, 10 attorneys' fees lIIlCl court costs) that may be sustlllncd bY or made against Seller or its r.~sors, assigns. afflliates, dlrectors, omeen, employees. owners, agents, and reprcsentlti~s, or any dllrllll8C to Ihe Property or to any JUlJolnlng property, or any injury to Buyer or II/lY other pe150ns thai ma.y result or arise out of inspections lllIlde by Buyer or its agents prior to Closing. 8. ~aurdouS Substallees. Buyer 851ume5 all risk of loss. damage, or injury that may arise as a rcsult !If or that In any way l11I1Y be c:onneaed will1 the prC$&lnce in, on. or about the Property of radon gas, asbeslos, mold, or any other toxic or hllZll/'dous substance, lIS deftnJUI by ^pplicable Law and commonly understood (eollccti'fCly, "Hazardous Substances"). Buyer, on behDlr !lrBuyer and Buyer's sucec:ssors and asslJPIs, fully and forCVQ' releases, indemnifies, and dlsc;barps Seller and lis affillatcs and their respcetl~ successors, assigns, directors. officers, employees, owners, agents, contractors, and rcprcscn18tlves (collectively, "SelJer Indemnified Partics"), and holds Seller IndcmrtiCied PDlties hannless !'rom and against any and all claims, damages, liabilities, IIls51:$, demands, private or gt',-c:mmc:ntal causes of actiOll, expct1ses, or costs (including wltbout Ihni18tion eourt costs, lJtIomc:ys' fecs, eosU of governmcmal in~atigallon. or cosu of environmentlll remediation), Buyer or Buyer's suceesSOTS and DSsigns muy suffer or incur \15 a result or the preseneeofHazatdOus SubstancC$ in, on,or about the Property, whether noW or hercllfter known. This provision shall survi~ deliwry oUhe Dud and the Closing Dale. 9. Risk of Loss. Prior to Closing, Seller shall main18ln the Property in materially the slll1lCl condition as of the dale of Seller's exe.:utlon of this Counterproposal, except for ordinary wear and tear. If prior to Closing the property Is damaged, Seller NY make R",pall'$ to restore the Propeny to the SBl\1C condition DS orlhe date of Seller's exeeution of this Counterproposal. 1f Seller, in its sole disU'Ction. elc:c:ts not to repair the: Property. Buyer may: (a) accept the Propcrt)' In il$ dan1IIged condition; (b) re-negatlale the Purehasc: Priee; or (c) terminate the C!lntJaelllld this Counterproposal, in which case the Eamest Money will be returned to Buyer as Buyer's sule lIIld exclusllll: remedy. LINDER NO CIRCUMSTANCES SHALL ANY INSURANCE PROCEEDS PAID TO SELLER WITH REGARD TO ANY CM.4AGE TO THE PROPERTY THAT OCCURS PRIORTO ClOSING BE ASSIGNED OR PAYABLE TO BUYER. Uron Clos1nc. Seller sholl be rclie~d of all responsibility and liability for lTIIintaining hamrd or flood insurance on the Property. ^II ,;~h insurat1Upolicics shllll be terminated by Sel. immediately upon Closing. IIlld Buyer will be responsible for obtaining any such in:.ul'lll\cc as _II as any title insurance required by Buyer's lender prior to Closing. 10. PurchlA Price (Inlti.I applicable SectiODS; Don-applicable sections should be mArked "NlAn). m..- _ A. CASH: The Purehase Priee will be paid in thc form of cash VeriflClllinn nffunds required 10 close Shllll be provided to Seller by Buyer upon delivery of a fully executed copy ofthls Counterproposll. If Ihe Closing docs not tuke place ~n ~he CIOSUlIl D,ltc d~e.to Buyer's failun: to provide cash at the Closing or due to any other rclated rcll5ons, includlns. but not houted to, Buyer s dCClslon to obtllln lender finllllCing. both Buyer and Seller agree that the Eamest Money shall be immedialcly released to Seller as liquidated damages as provided in paragraph 19 below. """'\ I:l.- " -IliA B. LENDER FINANCING: Buyer may oblsln f1nllllclng from the lender of Buyer's cho . Within s~ty-two (72) hours of excc:utlon of this Counterproposal by Buyer. Buyer will either apply for fanancine or pro de cvickmce 58llfBCtory to Seller that 8 le~~as pre-approved Buyer for financing. Proof offender's uncDnditlll')8lco",,"it t to lend must Buyer's Initials ~ Seller's \nbtaJ.s-~ P"ae 4 of \0 r:lllU1'.......,...,... '" ..hue.... Sill ~- 06I>>W be provided to Seller with ' NA- days of eXCl;ution of this Counterpropo$lll. Except as otherwise provided in this Counterproposal IIftd to the eXlent not restricted due 10 nnanc;ing insured by a govemmental agency, Buyer shall pay for Bny Dn~ all COSIS DS$ociated with the loan application process, including. but not Iimlted,to any application fee, appraisal fcc, and credll report fee. II. Survey and Other Costs, Buyer will be solely responsible for obtaining, III Buyer's Cltpense, a survey accepllJble to the title company or closing agent and any lender. In lhe cvent Seller is required to provide exlended survey coverage, IS may be nonnal and CU:"omnry, Seller will not be required to do so ifsuch a required survey has nOI been so obl8ined by Buyer. Bu)'er shall be responsible for paying all other costs and expenses (including, butlirnited to, the fees of Buyer's l1l1omey) associated wilh the Closin& and not specifically required to be paid by Seller by this Counter Proposal. 11. 'SettlemeDtlCloslU, The Closlns shall be conducted in the office of Ihe Closing Agent or at I piKe designated and approved by Sf'lIer. However, Buyer llIay choose to purchasc title insurance from I different title insurance provider ("Buyer's title insurance pr('\ idcr") at Buyer's sole expense, as provided in pargraph 1.5 below. Closing shill occur on or before: the Closing Date and the Buy"r sball mak~ every errortto me'IJJlls deadline. Should tbe Closing extend beyond tile Closinl Date througb no fault of Sr.lIer, Seller shall be entitled to a S $0.00 fee for eRCh da)' tbe Closing is so Clltended. An)' acreement by Seller to esh~Ad the Closing Date must be la wrltlnl- NotwlthstRndlng tbe foregoinl. ir tbe Closing does not take plaee on lhe Closing Dace due to aa)' falh.re of Otl)'er, Seller retains the rigllt to terminate the Contnet and tho Couaterproposaland punue the re.T.edies contained in the Contraet aad this Counterpruposal. The Transaction may nol close in escrow withoutlhe prior wyinen (;(,"~enI of Seller. 13. Nee.tlye Sale Proceeds. I f unforeseen Judgmenrs, liens, assessments, HOA Assessments, or other such encumbrances result in neg:ltive sales proeccds to Seller, Seller reserves the right to tenninate the Contract and this CountcrpropoSllI and return Ihe Earnest Money to Buyer as Buyer's $Ole and exclusive remedy. 14. Proratlon..t Closlnll. All taxes; condominium, planned unit development. or similar community homeowners' association dues and assessments (UHOA assessemctJ1s"): and Utilities charGes shall be prorated to the Closing. TiIX proraliolll shall be based on one hundred percent (100%) of the lasl available till bill or upon the local tllX assessor's latest vah"ltion of the Propeny and Ihe currentlllx rate. Any spec:ialllSscssments that constitute alien on the Property as of the ClosinG Date anC: are payable in installments shall be prorated 10 the Closing OllIe and any inslllllments due after the actual date of Closing shall be p.,J by Buyer. In no event sball Seller be responsible for lhe payment of any unlel/ied asslls5ment pending as of the actual dllle of Closing. HOA asscssments shall be based onlhe nssessment rDte in etrectllS DC the acllllll date of Oosing. Any special assessments levied and paYII"le in installments shall be prorated to the Closing Date and any installments due after the actual date oC Closing shall be paid by Bu; cr. In no event ~hall Seller be reSpOnsible fDr the payment of any unlel/led a5sessmelll pending as of the actusl dlUe of Closing. SLt..I.ER WILL NOT BE RESPONSIBLE FOR ANY ADJUSTMENT OF SEITLEMENT CHARGES, INCLlIDING, BUT NO... LIMITED TO, TAXES OR HOA ASSESSMENTS AfTER CLOSING. l:So Leader-Reo.lred ReDaln. Should any lender, insuring entity. or govcmmenllll agency require that certain repairs be made to tl>.. Property or thal certain other conditions be met, Seller, in its sole discretion, may comply with such requirements or lcnninate tile ("\Jntracl and this Counterproposal. Further, should any FHA Conditional Commitment or V A Cenlt1c:ate of Rell$onable Value vary f.-om. the Purchase Price, Sell.er, in its sole discretion, may terminate the ConlrKt and this Counterproposal. If Seller elects not 10 tr-mllJ11llc the ~onl"":t and Ihls Counterproposal pursuant 10 this paragraph, Seller's responsibility for DIIY repairs required by Buyer aSA result of inspectIon by Buyer, by ll11=!)dcr,or as a conditionsC\ forth in an FHA Conditional Commitment or VA Certificllte of Rl:lI$onable Value shall nol exceed S NA , inclusive oflennilC repairs ("Repair Li,mh Amount"), and Buyer shall be solely Buyer'slnltillls -.M. ) Seller's 'ni~4 P"'i&e S of 10 t:.t'Hf.mcqrropoW 10 ....,ch.. UHf Sak Apt:enacnt 06.4)0.'01 ....... responsible for eny amounts exceeding the Repair Umit Amount without any reduction in the purchase Price. If ~Ier elects to ,....... "" C"""" ....'b" C_"" Sdl~ will , It..... MOO<)' w "_.. """,'. ....... ""I..". """" Buyer's In iliDls t.fa:.- 16. Condition and Convenaee of Title. Seller shall deli'tCr insunlble tltlo and pay for Buyer's owncr's policy of ~ille insurance from the title insUI'aI\Ce provider chascn by Seller and indicated below. However, Buyer may choose to purcbsn tItle insUnlace from Buyer's title lasuraDce provider,lndlcated below, at Buyer's sole upellse. In the C'l'Cnt Buyer chooses to obtain an owner's pol icy andIor title exam from the title Insur1llcc provider of Buyer's choice. Buyer sholl order the same withi~ three (3) days of Seller's ellecution of this Counterproposal; if Buyer fails to do so, all objections 10 Iltle shall be deemed WlIIICd. Seller shall not be reloponsible for any "gap" title insurence COvelllge IIIlCI will not in any e\lC11l provide an affidavil of litle or other similar documenls in whlcll Seller is requested to make representltlons or WiIITlII1lics with respeCllo title to the Property. If Seller Is unable 10 provide insurable title, convey the Property, or to deliver possession of Ihe Property as provided In the Conlntct and this Counterproposal, or if Illhe time of the deliWI")' of Ihe Deed docs not confonn with Ibe provisions of the Contract and this Counterproposal, Seller shell bcIIr lJIfY nominal eKpcnse and use rca50nable eftblU to rcmDVC any defects in title or to conW)' or deliver the. Propc:r1)' as so provided, but 15 under no oblillltlon to use eX1raordinary measures or to bring l\IlY actions or proceedings in order to do :50. If Seller is utlllble to so removc any defects in tllle or to con\lCY or deliver Ihe Property as so provided w1lbin len (10) duys after CI?Sing. (I) the Contract lUICI this Counterproposal shlllllemUlIDle and Seller will return the ElII1lcst Mnncy to Buyer lI.S Buyer's sole and exclusi~ remedy, or (b) Buyer may. by written nolice on or before the Closing, wai\lC BIIyobjcclions to Seller's in:lbilil)' 10 so r;:mo~ any defects in title or 10 convey or deliver the Property as so provided. For purposes of tbl, panlgraph Seller ,lIall be d(,_ed to be Ible to convey la.urable rltle to Buyer If. reputable lit Ie Insurance eompany will underwrite 8 tllle Insuranee poliqr insuring lbat title to tile Frm" will vostln Buyer 85 of the Closing. __ Seller ~ Buyer 10 prO'l'lde title Insurl.ce S-:Iler's title Insurance provider: Phone: ...Fax Buyer', title Insurance prlJ'l'lder: Fax Phone: Buyer's InltiDIs ____~J 17 OeI:UDlnrY or the ProDem. Under no circumstaaces will Buyer be allowed 10 occupy the Property prior 10 Closing, In the ~nt Buyer violates tbis prohibition, Seller will avail iuelf of aJllegnl remedies. In the C'l'Cnt Buyer alters or occ:upics, or pennits any o~T1er person to aller ~r occupy, the Property ll!Lor to Closing, Buyer shall be in material default under the Contract and this Counterproposal, In which case Buyer shall forfell the Eamest Money IlIId 11I1)' rights to the prDJlCl1Y. howc\'\:r a1tcred. Any access 10 II:~ Property prior to Closing is prohibited unless IIccompBIIled by Seller or Seller's agent or unless otherwise ~ to in writing by S~ iter. IP. TallCS. A. SeDer's RJcbl to Contut Taxa. Seller shall hDVC Ihe unrestricted rlghllO conteSl the amount of or obligation 10 pay 11II)' :w w10rcm rcaI ~~ personal property laxes, rcaJ or personalpropeny assossments, or HOA Assessemenls (collccti\'\:ly, 'Contcsted TIlXCS ), for any period for whldl 10)' Contcsted Taxcs arc assessed or levied (I ''T1lX Period") thai includes or ~adcs I~ lII:lUlIl dote of the Closing (the "Closing TlIX Period"). Seller IIlII)' contest die Contested Taxes by l\Il)' Judicial, admlnlstrBll\'C, or other process lhat Seller chooses In iu sole discretion. If requested by Seller, Buyer shall join In an)' proceeding to contest thc Contcsted Taxcsto the extent necessary to pennit Seller to excm:lse its rights under the Contract and Ihis Counterpro~u1. Seller shllll he\'\: no duty to contest the Conlested TaxcsllllCl may dismiss, se~or otherwise resolve an)' matter relatmg 10 Contested Taxes in whatC'l'Cr manner or under lUI)' terms Seller elcc:u in il sole diJcretlon, Bu)'er's Inilials ~ Seller's l$ft~~/ P_gc 6 of 10 CO......O:rprofIOt&J CD ..~lt.:ae an' SIk ^pcntCIII DI5I'JMII B. Enllllement to Refund. Any rel\1nd of CDntested Taxes for the Closing Tax Period Dr IIIlY prior Tax periDdshall be paid to Seller, and Buyer hereby irTewcably assigns to Seller any right, title or interest It may have in iII1Y relilnd Df Contated Taxes for all such Tax Periods. If requested by Seller, Buyer shall execute what!:'lel' endorsements or other docultlalts that may be necesslll')' 10 accomplish the refund ofsuch CDnu:Sled Taxes to Seller. Provided, however, notwithSlanding anything in the Conlract or this Counterprosal to the COI1trary, Seller shall not be entitled to any refund of Conlesled Taxes thai is attributable solely 10 any change in land usage or oWllership of the Property oc<:urring on or after Closing. all of which shall be paid by Buyer. 19. Dsf!!!.!!" In tbe eveat Buyer defaults in the performaac:e of tbe Contrad or lids Counterproposal,the Earnest MDAC)' shall be paid t. Seller IS liquidated d_Jn8get for, amool other tblop, tbe lIddlllo." cost or carrying thePropel1y and lost 1Il11rkelio& time, botll of wlllcll Buyer aad SenerKknOWledgc aad agree are difficultto calculate. Said liquidated damages shall nol be construed or deemed to constitute I penalty and the right gi'fl:n to Seller to relaln the Earnest Money shall not constitule Seller's sole IIIId exclusi'fl: remedy. In the event ilem A In paragraph 10 abo\IC is initialed, Seller Is malcrilllly relying upon the representalion in said par8gnap/l lOA above 10 the effect that Buyur will be pu~haing Ihe Property a an all-cah trunsaclion withoutlhird pany financing. Buyer subsequent elcclion to purchase the Property with third-party flnllllcing rather thlU1 on 8II1111-c:ash basis as indic:atcd above: shall constitute a material default under Ihis paragraph IN THE EVENT SELLER DEFAULTS IN THE PERFDRMANCE OF THE CONTRACT AND THIS COUNTERPROPOSAL, BUYER SHALL BE ENTITLED TO A RETURN OF THE EARNEST MONEY AS BUYER'S SOLE AND EXCLUSIVE REMEDY. 'InJ- 8uyer'slnltlals~ 11' InstllllatloD or New l.ocks and Transrer of Utilities. Buycr shall be responsible fDr the inslallation of new locks lU1d the trllllsfer c." 11I1 Utilities on the Propcrty invncdiatc\y after the Closing, lU1d Buyer shall hold hannlcss and indemnity Seller and ils successors, a'.:.i!lJ15, affililllc:s, dircclors, offiC:C:r5, employees. OWI1Cr5, agents, and represcmlllli\'l:S from IIIId againsl l\IIY lU1d all damages, claims, IIr,'lS, losses lIabilllles, c:osts, injuries, attorney fees IIIId expenses of C\lCr}I kind and nature that may be IT1IIdc against Seller and ils ~uc:cessOfS, assign., affiliates, directors, officers. employees. owners, Dgents, DI1CI representatives lIS D resull of Buyer's failure 10 insloll m:w locks or transfcr all Utilllillli on the Properl)'. Buyer will haw all Utilities IUIII homeowners' services, lIS well lIS any HOA M~c:mcnts. tl'llllSfcrrcd Into Buyer's name no later than tile first (l'~ business day following Closing. Buyer also will be responsible fJl" pAyment of Drrf Utilities churp or HOA AssesslJlCllts incurred Dfter Closing and (or ensuring Ihm any Utilities or homeowners' s.:rvic:e, including HOIl. Assesscments, In the name: of Seller or the Lisling Broker indicated below is tr.ansferred entirely inlo Buyer's n~. Witness SEE SUBSTITUTE EXECUtlON"PAGe... BaYer Date semI. Brokor Date Acknowtecllle: Listing Broker Date BD)'CT Date 11.. ADienabUlty. Buyer may notlSslgn or ltlU1Sfer the Contract or this Counterproposal without Seller'~ wrinen approYllI. Seller may D:iSlgJI or transfer tlte ConIl'IIct IIIId this Counterproposal without Buyer's approwl , 11. Perf'orJn8aee. The acceptance of tbe Deed by Buyer shall be deemed to be a full perrormaace by Seller u~ the Conlract I~d dtls Counterproposal. 1\.1.-' " ,,)' J\.@UYcr'slnitials~ ' Buyer's Initials.M- Seller'S~ PlI/1C 7 of 10 1:.__'..lOr...........,s...~~ , NEIGHBORHOOD STABILIZATION PROGRAM Property Addre$S: Z13243RD Lane SW. Naples. FL 34116 Folio Number: 35752760003 SUBSTITUTE EXECUTION PAGE Date Property acquisition approved by Bee: March 24. 2009, Item 10F AS TO PURCHASER: DATED:~ A TTEST::'eO~;;';".'." D~.!~~~.~::,~~0~~~lerk .:tI:. ,. ,."'~ ~ ",.. . 1"Ia;" I ~ ~ ~., I Approved as to form and legal sufficiency: \,~~-\~\~L Jenn~r B. White Assistant County Attomey NEIGHBORHOOD STABILIZATION PROGRAM Property Address: 2132 43RO Lane SW. Naples, FL 34116 Folio Number. 35752760003 SUBSTITUTE EXECUTION PAGE Date Property acquisition approved by BCC: March 24,2009, Item 10F AS TO PURCHASER: DATED:~ . .......... Approved as to form and legal sufficiency: \ --\'\ -,\~.:tt- Jenni er B. White Assistant County Attorney LEAD -BASED PAINT DISCLOSURE ADDENDUM' Lead WIIl'Dinl! SIAtemen..! "E\'\\f)' purchaser of any interest in residential real property on YAlich a residenllal dwelling was buill prior to 1978 is notified that such property may present exposure to lead f\"om lead-based paint mat may place young children at risk of developinG lead poisonins- Lead potsoning in )'000& children /l1IIY ,produce pmnanent neurological dil/11lJQC. ineluding learning disabilities. rcdueed intelligence qU'ltlent, bchllVioral problems, and impaired memory. Lead poi&oning also presents a risk to pregnat women. The seller of any lnl~rest In residential real property is required to provide Buyer with any InformatiOll on lead-based paint hazards from risk lJl,sessments or Inspections In the sellet's possession IllId notii)' the buyer of any knl)Wlllead-bllScd pllint hDZlll'ds, A risk assessmcnt or inspection for possible lead-based paint hazards is recommended prior 10 purchase," ~eller's Disclosure to Buver Siller acknOwledges that Seller has been infonned of Seller's obligation. Seller is aware thaI Federal laws require Seller to pennil Bl.yer a ten (10) calendar day period to condullI risk asscssment or inspection for the presence of lead-based paint hazards before ~,lming obllgJlled under I contract 10 purehase larget housing (unless RlUlually agreed otherwise in writing). That opportunity will be rrovided within the len (10) calendar day period immediately following Sallar's final exccution of the Conlract and this Cri.lllterproposal. Seller is aware that Seller must retain II copy ofthis disclosure for nOlless than three yean from tha Closing. A. Presence of lead.based paint anellor lead-based paint hazards (check one bOll below): 8 Seller has no knOWledge ofllllY lead-based painlllllellor lead-bllScd paint hazards present in the Propany. Saller hIlS knowlcdF orlClld-based paint and/or lead-based pllinl hllZ3l'ds prcsant in the Property (explain) NlA B. RecordslllId reports lvailable,lo Seller (check one box b~low): 8 Seller has no reports or records pcnaining 10 lead. based paintlllldlor lead-based pllinl hazards in the Property. Seller has provided Buyer with all awilable records and reporlS pertaining to lcad~bascd paint andlor lead-based paint nllZBrds in the Property (lis I documents below): NtA .... Bu.erts Acknewled'l!mftll C. Buyer has read the Lead Warning Statement abow IllId understands its contcnts. D. Buyer has received copies or all inrCll1l'l8tion. including any records IllId repans listed by Sellar ubow. E. Buyer hIlS rccei'll!d the pamphlcl MProteel Your fomlly From Lead In Your Home," F. Buyer acknowledges federal law ~\Iires that before a buyer is obligated under any contract to buy and sell real ~ate, Selle~ shall p'cnnil Buyer a len (10) calendar day period (unless lhe parties mutually agree, in writinjl. upon II dllfem1t pcnod of lima) to conduct D risk assessment or inspection for the presc:nce oflClld.based paint and/or lcad. based paint h8Zlll'ds. . _._C. Buyer. after having reviewed the contents ofthis Addendum. and IIIIY records and reports lisled by Sellcr, has elected to (check one box betow): o Obtain a risk lISSl!SSTnCllt or IIIl inspection ofthc Property for the presCllcc oflcad-based point anellor lellCl-basecl ~nt hazards. within the. time I imitlll1d under the tarms of the Contract IIId this Counterproposal, 0 r-X' Wol\'C the opponunllY to conduct a risk assemncnt or inspection for the presence of lead-based paint dlor lead-based paint Buyer's Initials ""1.1./ - Seller's 6- PDl!': 9 of 10 C'ao, "'1''''''_ ..1'Ioc""'c.... Solo ~ O6I>>VI !lenl Estate Llecnscc's Ackllowledl!mcnt E....h real e5UIIC Iicensecfsisning bel~1Cl wledgcs receipt of the above Seller's Disclosure to Buyer. hll5 informed Selic, of Seller's Clbli ions, and is ,wore of licensee's Ies slbllit)' 10 ensure compliancc. . / /' . 1 Certification or Aeeurnc'l' 1 (~ify that the statement;' ,I ve~)116 pec:ul'1Ile \0 the: best or my knowledge. '--1 'ii " ' - /. lPS Asset Mcn:xJement SckIttons Inc. SEJd..ER'\6." , 1./,1, (PI.- lifIItodPowet-olMtorn · .., ,.", - .'.' .._, -. '. ---.--- .." / ri"7/~ f r Date BUYER SEE SUBSTITUTE EXECUTION PAGE Date Buyer's (Selling) Agent Date Seller's (Listing) Agent Date Buyer's Initials ~ C~ ' Selle,'slnllials L '"" ) - ,.--' 1'00gc IOoflO ("r ,"*,,"CMS" to PIA..... lAd 5.. ^umnaCII' Clfi)D'OI NEIGHBORHOOD STABILIZATION PROGRAM Property Address: 2132 43RO Lane SW. Naples. FL 34116 Folio Number: 35762760003 SUBSTITUTE EXECUTION PAGE Date Property acquisition approved by BeC: March 24, 2009. Item 10F AS TO PURCHASER: Cl-4-'UXf1 BOARD OF CO TV COMMISSIONERS COLLIER eo I FLORIDA I ... BY: ~ d~ Donna Fi la, Chairman Approved as to form and legal suffICiency: ~ --p') 12. t\.~-L Jenni er B. White ' ' Assistant County Attorney , I I NEIGHBORHOOD STABILIZATION PROGRAM Property Address: 2132 43RD Lene SW, Neples. FL 34116 Folio Number: 35752760003 ADDENDUM TO "AS IS" CONTRACT FOR SALE AND PURCHASE AND COUNTeR P"!syPOSAL Tv PURCH"SE AND SALE EMENT BElWEE HE ~NDERSIGNEDPARTIES CONCERNING THE PROPERTY AT 2132 43 LN SW, , '~APLES. FL 34116 THIS ADDENDUM is entereellnlO by and between DEUTSCHE BANK NATIONAL TRUST COMP~.NY as Trustee under Novastar Mortgage Funding Trust, Series 2006-5, Seller, and COL.L.IER COUNTY, a political Subdivision of the State of Florida, Buyer. Buyer and Seller have entered into that certain"!>-s IS' Contract for Sale and purchase and C/)unter Proposal to Purchase and Sale Agreement between the undersigned parties concerning the pro'perty at 2132 4311I l.Ime SW,Neplss, FL 34116 (hereinafter referred to es "Property") attached thereto, all dated of even date herewith, and Buyer anel Seller wish to amend the foregoing with the following additional terms and conditions: 1. The"As IS"Contract for Sale and purchase, the Coonter ProJ)OSal to purchase and Sale Agreement pnd this Addendum to the "As IS" Contract for Sale and Purchase and the Counter proposal to Purchase and Sale Agreement shall, collectively, constitute the "Agreemenf betWeen the parties, which Agreement between ~he undersigned parties concerning the property at 2132 4:r- Lane StIV, NapleS, Fl 34116. shall only be effectIVe upon the execution of all three referenced documents by both parties. 2. The first Paragraph of the Counter Proposal 10 PurChase and Sate Agreement is revised to reflect t!lat the Agreement is dated of even date herewith between Deutsche Bank National Trust Company, as Trustee under Novastar Mortgage Funding Trust, Series 2006.5 ('Sener) and Collier CO\Jnty, a Political Subdivision of the State of Florlela ('Buyef), and any requirements for initials are waived. 3. The purchase price shall be $80,750.00 as stated on Ihe attached "As IS' Contract, and on the CounterProposal to Purchase and Sale Agreement. 4. The earnest money deposit shaH be $5,000.00 as stated on the attached "As IS" Contract and on Counter Proposal to Purchase and Sale Agreement, and the Agreement Is revised to reflect that the Earnest Money Deposit will be made within ten (10) days following Buyers receipt of the fully executed Agreement package by wire transfer, 5. The boIded provision in the PRICE section on Page 1 of the Counter Proposal to purchase and Sale Agreement that reads: 'NOlWITHSTANDING CUSTOMARY PRACTICES OR ANY PROVISION OF THE CONTRACT TO THE CONTRARY, UNLESS OTHERWISE PROVIDED IN THIS COUNTERPROPOSAL OR REQUIRED BY APlLlCABlE LAW, THE EARNEST MONEY SHALL BE NON-REFUNDABLE' is deleted in its entirety, and any requirements ror inItials are waived." 6. The closing date on Page 1 of the Counter Proposal 10 Purchase, and sale Agreement shall be October 22, 2009 as accepted by bOth parties and as stated on the attached "!>-sIlt Contract, and any requirements for initials are waived. ' 7. The SELLER CONCESSIONS section on Page 1 of the Counter Proposal to Purchase and Sale Agreement Is deleted in Its entirety, and any requirements for initials are waived. 8. Any requirements for initials at the bottom of Page 1 through snd including Page 10 of the Counter Proposal to Purchase and Sale Agreement are waived In their entirety. 9. Paragraph 1 of Counter Proposal to Purchase and Sale Agreement is revised to reflect thaI a Special Warranty Deed shall be the only acceptable method of transfer and conveyance, and any requirement for Initials ere waIVed. ,,', NEIGHBORHOOD STABILIZATION PROGRAM Property Address: 2132 43RO Lane SW, Naples. FL 34116 Folio Number: 35752760003 10, Paragraph 3 of the Counter Proposal to Purchase and Sale Agreement is acceptable, and any requirements for initials are waived, 11, Paragraph 4 of the CounterProposal to Purchase and Sale Agreement is acceptable. and any r3quirements for initials are waived, 12. Paragraph 5 of the Counter Proposal to Purchase and Sale Agreement Is revised 10 include that Seller warrants Ihat the property is vacant 13. Paragraph 6 of the Counter Proposal to Purchase and Sale Agreement is acceptable. and any reQuirements for Inilials are waived. 14. Paragraph 7 of the Counter Proposal to Purchase and Sale Agreement Is acceptable, and any Il!qulrements for initials are waived. 15. Paragraph 10 (A) of the Counter Propo$81 to Purchase and Sale Agreement is rel/lsed 10 reflect that this Is e Cash purchase, and any requirements for initials are waived. 16, Paragraph 10 (8) of the Counter Proposal to Purchase and Sale Agreement Is not applicable. and any requirements for initials are waived. 17. Paragraph 11 of the Counter Proposal to Purchase and Sale Agreement is revised to reflect that Seller shall be responsible for payment of Documentary Stamp Taxes pursuant to Section 201.10. Florida Statutes, together with costs for recording any documents necessary to establish clear title to the property. 18. Paragraph 12 of the Counter Proposal to Purchase and Sale Agreement Is revised to reflect that SO.OO per diem fee shall be payable for each day the Closing is so extended, and any requirements for initials ~re waived. 19, Paragraph 15 of the Counter Proposal to Purchase and Sale Agreement is not applicable and is deleted in its entirely, and any requirements for initials are waived. 20. The provisions of Paragraph 16 of the Counter Proposal to Purchase and Sale Agreement requiring that Seller's and Buyer's title insurance provider's information be provided is deleted, and any requirements for i.litials are waived. 21. Paragraph 18 of the Counter Proposal to Purchase and Sale Agreement is deleted in its entirety, :'uld any requirements for initials are waived. 22. Paragraph 19 of the Counter Proposal to Purchase and Sale Agreement is acceptable, and any r~.quirements for initials are waived. 23. Paragraph 20 oflhe Counter Proposal to Purchase and Sale Agreement is acceptable, and any requirements for Buyer's signature, witnesses, acknowledgement by Brokers, and initials are waived. 24. Paragraph 21 of the Counter Proposal to Purchase and Sale Agreement is revised to include that Seller may not assign or transfer the Contract without Buyer's approval. 25. Paragraph 22 of the Counter Proposal 10 Purchase and Sale Agreement is acceptable, and any requirements for initials are waived. 26. Paragraph 26 of Ihe Counter Proposal 10 Purchase and Sale Agreement Is deleted in its entirety, 3nd any requirements for initials are waived .~ . .. NEIGHBORHOOD STAB1UlATION PROGRAM ~rapenv Add",ss: 2132 43RO lane rHJ. Napfes,FL3411B f'!Il1a Number: 3575276000;1 27. The notation .See Sub5t1tute Execution Page" althe bottom of PageS of the Counter proposal to Purchase and Sale Agreement Is acceptable, end eny requirements for inltiais are waived. 28. Buyer's acknowledgement in the Lead.Based Paint Disclosure Addendum is revised to relleclthat Buyer waives the Lead.Based Palnt lr1Sf)ection period, and all requirements for Initials are waived. 29. The notation .See Substitute executIon Page" on Page 10 at the end of the Lead-Based Paint Disclosure Addendum of the Counter Proposal to Purchase and Sale Agreement is acceptable, and any requirements for Inlt!als or signatures by Sener's or Buyer's agenls ere wallied. E::XCEPT as expressly provided herein. the Agreement belWgel1 tha Purchaser and the Senar remains In full force and effect a(:COrding to the terms and conditions contalned therein, and said lerrns and conditions lire appncable hereto except as expressly provided otherWise herein. IN WITNESS WHEREOF. the Purchaser and Seller have hereto executed this Addendum, PURCHASER: .1 Approvttd as 10 form and llI!llll sutliclencv: ~ ..:.:-0.... "\ - ii'-' \'-...: \ ..~,.l'- Jennlfllf B~ lie, Asslstanl County Altorney I)ATeO:~ I "1/01 MEMORANDUM Date: October 9, 2009 To: Gary Bigelow, Property Acquisition Specialist From: Teresa Polaski, Deputy Clerk Minutes & Records Department Re: Addendum: 2132 43rd Lane SW Enclosed please find the one original documents referenced above, (Agenda Item #10F), which was adopted by the Board of County Commissioners on Tuesday, March 24, 2009. If you should have any questions, please contact me at 252-8411. Thank you. Enclosure ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Attach to original document. Original documents should be hand delivered to the Board Office. The completed routing slip and original documents are to be forwarded to the Board Office only after the Board has taken action on the item.) ROUTING SLIP COnlplete routing lines # I through #4 as appropriate for additional signatures, dates, and/or infonnation needed. If the document is already complete with the, exee tion of the Chainnan's si ature, draw a line throu routin lines #1 throu #4, com lete the checklist, and forward to Sue Filson (line #5 . Rpute to Addressee(s) Office Initials Date (l.iSt in routin order 1. 2. 3. (j / PRIMARY CONTACT INFORMATION (Th~ primary contact is the holder of the original document pending BCC approval. Nonnally the primary contact is the person who created/prepared the executive summary. Primary contact infonnation is needed in the event one of the addressees above, including Sue Filson, need to contact staff for additional or missing infonnation. All original documents needing the BCC Chainnan's signature are to be delivered to the BCC office only after the BCC has acted to approve the item. Name of Primary Staff Contact Agenda Date Item was A roved b the BCC ,Type of Document Attached 4. 5. Ian Mitchell, BCC Office Su ervlsor 6. Minutes and Records Clerk of Court's Office {)73 /oF / Yes (Initial) , N/A (Not A licable) Phone Number 7}8 1: Fonns! County Fonns! BCC Fonns! Original Documents Routing Slip WWS Original 9.03.04, Revised 1.2.6.05, Revised 2.24.05. Revised 9.18.09 Agenda Item Number --R, .-A- Number of Original Documents Attached LO 1. INSTRUCTIONS & CHECKLIST Initial the Yes column or mark "N/ A" in the Not Applicable column, whichever is a ro riate. Original document has been signed/initialed for legal sufficiency. (All documents to be signed by the Chairman, with the exception of most letters, must be reviewed and signed by the Office of the County Attorney. This includes signature pages from ordinances, resolutions, etc. signed by the County Attorney's Office and signature pages from contracts, agreements, etc, that have been fully executed by all parties except the BCC Chairman and Clerk to the Board and ossibl State Officials.) All handwritten strike-through and revisions have been initialed by the County' Attorney's Office and all other arties exce t the BCC Chairman and the Clerk to the Board The Chairman's signature line date has been entered as the date ofBCC approval of the document or the final ne otiated contract date whichever is a licable. "Sign here" tabs are placed on the appropriate pages indicating where the Chairman's si ature and initials are re uired. In most cases (some contracts are an exception), the original document and this routing slip should be provided to Ian MithcheIl in the BCC office within 24 hours ofBCC approval. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be war of our deadlines! The document was approved by the BCC on~ ~ 0 (enter date) and all changes made during the meeting have been incorporated in the attached document. The Count Attorne 's Office has reviewed the chan es, if a licable. " "I .... 3. 4. 5. . 6. ITEM NO.: FILE NO.: ROUTED TO: DATE RECEIVED: REQUEST FOR LEGAL SERVICES DATE: October 8,2009 TO: Office of the County Attorney Jennifer B. White FROM: Marlene J. McLaughlin, extension: 8922 Real Property Management section RE: Neighborhood Stabilization Program (NSP) 2132 43rd Ln SW, Naples, 34116 o~ ,\ \O\~~ &VJ~ r \C-~ ~'i.~ (....,..-0 ~ ' BACKGROUND OF REQUEST/PROBLEM: ~):.~ Attached is our Addendum, drafted to eliminate the deposit as required by the ~ ~ i.-, contracts. The Seller specified that they will execute the Addendum following the ~ Buyer's execution. ~V lYVe don't mean to send these as "rush" files, but 3 weeks of begging and ~ .. pleading for signatures, Powers of Attorney, etc. and no responses from the ~ tth Seller forces us to have to push things through at the last minute... sorryl) / \ r ~ Enclosures: '-7 C);?- SUPER RUSH 1. Contracts; and 2. Addendum. ACTION REQUESTED: Please review the enclosed Addendum for legal sufficiency and sign if you approve. 7kdFAt c9~/ Neighborhood Stabilization Program Property Address: 213 2 43 rd Ln S W Folio Number: 35752760003 ADDENDUM THIS ADDENDUM is entered into this day of , 2009, by and between Deutsche Bank National Trust Company, as Trustee under Novastar Mortgage Funding Trust, Series 2006-5, Seller, and Collier County, a Political Subdivision of the State of Florida, Purchaser. Purchaser and Seller entered into that certain "As Is" Contract for Sale and Purchase, Counter Proposal to Purchase and Sale Agreement, and Addendum to "As Is" Contract For Sale and Purchase and Counter Proposal to Purchase and Sale Agreement Between the Undersigned Parties Concerning the Property at 2132 43rd LN SW, Naples, FI 34116, dated September 17, 2009, hereinafter referred to as the "Agreement". Subsequent to entering into the Agreement and pursuant to provisions of the Agreement, Purchaser and Seller wish to amend the Agreement with the following terms and conditions: 1. As required under the Agreement, the deposit shall be due on or before October 12, 2009. Except as expressly provided herein, the Agreement between the Purchaser 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 Purchaser and Seller have hereto executed this Addendum the day and year first above written. BUYER: BOARD OF C COLUER CO BY: Donna Fiala, Chairman SELLER: DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE UNDER NOVASTAR MORTGAGE FUNDING TRUST, SERIES 2006-5 By: Print: Title: Approved as to form and legal sufficiency: ~-6~~ Jennit . White Assistant County Attorney MEMORANDUM Date: September 29, 2009 To: Marlene McLaughlin, Property Acquisition Specialist Real Estate Services From: Teresa Polaski, Deputy Clerk Minutes & Records Department Re: Addendum to Purchase Agreement: 2132 43rd Lane SW Attached please find the original (Agenda Item #10F), as referenced above and approved by the Board of County Commissioners on Tuesday, March 24, 2009. Please return document to the Minutes and Records Department to be retained for the public record. If you should have any questions, please call me at 252-8411. Thank you. ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP -. TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO . THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. A1n1dt to origin:U rllY"rrml"T1r 0rigin:U d()Mlm""'1fl ~d be hand delivered to the Board. Office.. The-compL:ted routing slip and original rI"""""',.,,13 are to be. fcrw.ntfed. to the Board. Offio: only ~ tb.e Board has t:Ib:n. action. on the it.em..) . . _ ... _ ._ . ROUTING SLIP . ,-' .-. .. Complete routing lines #1 tbrougb. it4 as ~ for :ultfitinn2( ngnat:a=. dares. and/or infacnation needed.. If the ~;"'~'is al=dy complete with the don of the ~t! ' draw a line tftron 1'Olltin linCf #1 tbron #4, lete the check1i.sr; and forward to Sue- Filson (line 115). ....: ~l!te ~ Addressee(s) . Office Initials _ Date (List m IOlltm order)' :'''_ . 2. 3. ;. .. 4. ~ 800 rwerf1, &ccl:!tl.G Mtmager Board of County Commissioners . ~/1Z IO~ J..an mf/z::kl0 0. cS I ~ 6. .Minutes and Records Clerk: of Court's Office - PRIMARY CONTACT INFORMATION (The primary COI1CCl: is the: bolder of rhc or.igiD.a.l documc:nt peudiDg Bee approvaL Nani:wIy me: primary COI1C1Ct i:s the: person who crc:uc:dIprc:pared the: cx=tive SlID1m:Il'y. Primary COI1C1Ct information is nc:c:dl:d ill rhc event oac: of rhc :Iddr== abovli:. including Sue: I"ihon. l1ec:d to cpnClCt sraff for additional or missing iDfarmatioa. All originl11 documc:nl3 nc:c:ding the: Bce OIairmom's siglll1l111'c: 01I'C to be: delivered to rhc Bee office only after the: Bce bas aacd to approve the: irc:m. ) Name of Primary Staff rn' . Phone Number ~-8q~ Contact 'C/ Agenda Date Item was 11/l~ __ L' Agenda. Item Number loF A ved b the BCC { r uYc;..r} /' Type at Document '_I ....L. _ -1 Number of Original (')n~ Attached Clo~~,c..rvj'Y) Documents Attached INSTRUCTIONS & CHECKLIST Initial the Yes column or mark "WAn in the Not Applicable colllIDD. whichever is Y cs NI A (Not a . te. (Initial) licable) 1.. Original document has been signcdf'mitialcd for legal sUfficiency. (All documents to be _ . signed by the. Chainnan. with the exception of most letters, must be reviewed and signed oy the Office of the County Ar1t:Jmey. This includes signatui-c pages from ordinances. resolutio~ etc. signed by the Co~ty Attorney's Office and signature pageS from contracts, agreements, etc. that have been fnlIy executed by all parties except the BCC Oairman and Clerk to the Board and I State Officials.) 2. All handwrittcn.strike-throagb and revisions have been initialed by the County ~rncY.t s .i t hl Office and all other atties t the BCC Chairman and the Clerk to the Board {'V / .rr: 3. The Cha.i:np.an's signature line date has been entered as the date ofBCC approval of the . document or the final ne tiated contract date whichever is liable. 4. "Sign here" tabs arc placed on the appropriate pageS indicating where the Chairman' s si' and initials arc r 5. In rOost cases (some contracts arc an exception), the original document and this routing slip , __ should be provided to Sue Filson in the BeC office within 24 hours ofBCC approval. N I), Some documents arc time sensitive and require forwarding to Tallahassee within a certain ~ I' /i time frame or the BCe's actions arc nu.llliicd. Be aware of our deadlines! 6. The document was approved by the BCC on (enter date) and all c:hanges made durmg the meeting have been incorporated. in the attached document.. The Conn Attorn's Officc has renewed the es.. if a liable. I; funmI County FonmI Bee FonmI Original Docu=a Rowing Slip WWS Origin.a19.03.04. Revised 1.26.05. RcvUed 2.24.05