Contract Addendum #2
NEIGHBORHOOD STABILIZATION PROGRAM
Property Address: 475 Golden Gate Boulevard East
Folio Number: 37285360004
ADDENDUM #2 TO CONTRACT OF SALE BETWEEN THE UNDERSIGNED PARTIES CONCERNING THE
PROPERTY AT 475 GOLDEN GATE BOULEVARD EAST. NAPLES. FL 34120
THIS ADDENDUM is entered into by and between FEDERAL HOME LOAN MORTGAGE
CORPORATION, Seller, and COLLIER COUNTY, a Political Subdivision of the State of Florida, Purchaser.
Purchaser and Seller have entered into that certain Contract of Sale concerning the property at 475 Golden
Gate Boulevard East (hereinafter referred to as "Property"), and Addendum #1 to Contract of Sale, both dated of
even date herewith, and Purchaser and Seller wish to amend the foregoing with the following additional terms
and conditions:
1. The Contract of Sale, the Addendum #1 to Contract of Sale, and this Addendum #2 to Contract of
Sale shall, collectively, constitute the "Agreement" between the parties, which Agreement shall only be effective
upon the execution of all three referenced documents by both parties.
2. The first paragraph of Addendum #1 to Contract of Sale is revised to reflect that the date of the
Agreement shall be the date upon which all three instruments constituting the Agreement have been executed
by the last one of the Purchaser and Seller to sign, and is further revised to reflect that Purchaser is Collier
County, a Political Subdivision of the State of Florida, and any requirements for initials or handwritten entries are
waived.
3. Paragraph 2 of Addendum #1 to Contract of Sale is revised to reflect that the only deed acceptable
for conveyance shall be a Special Warranty Deed.
4. Paragraph 4 of Addendum #1 to Contract of Sale is revised to reflect that Closing shall occur on or
before March 26, 2010, and is further revised to reflect that $0.00 per diem shall be paid in the event of a written
extension.
5. Paragraph 18 of Addendum #1 to Contract of Sale is revised to reflect that Purchaser is also exempt
from payment of state taxes and tax stamps on deeds and that therefore no such taxes will be payable as a
result of this transaction.
6. Paragraph 19 of Addendum #1 to Contract of Sale is deleted in its entirety.
7. Paragraph 20 of Addendum #1 to Contract of Sale is revised to reflect that Seller may also not
3ssign the contract without express written consent of Purchaser.
8. The Seller and Purchaser signature blocks on Page 7 of 7 of Addendum #1 to Contract of Sale shall
be deleted and replaced by the notation "See Following Substitute Signature Page."
9. The Commission Authorization for Selling Broker attached to Addendum #1 to Contract of Sale is not
applicable, and is deleted in its entirety, and any requirements for signatures or handwritten entries are waived.
10. The first paragraph of the Property Condition Addendum and Release attached to Addendum #1 to
Contract of Sale is revised to reflect that the date of the Property Condition Addendum and Release shall be the
oate upon which said Addendum is executed by the last one of the Purchaser and Seller to sign.
11. The Seller and Purchaser signature blocks on the Property Condition Addendum and Release
attached to Addendum #1 to Contract of Sale shall be deleted and replaced by the notation "See Following
Substitute Signature Page."
12. The requirements for initials by both Purchaser and Seller at the bottoms of Page 1 of 7 through
Page 7 of 7 are waived in their entirety.
NEIGHBORHOOD STABILIZATION PROGRAM
Property Address: 475 Golden Gate Boulevard East
Folio Number: 37285360004
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 #2 to Contract of Sale
as of the dates hereinafter stated.
Date property acquisition approved by BCC:
October 27,2009, Item 16D8
DATED:~ S,'2010
ATTEST
DWIGHT E. BROCK, Clerk
%~~
Attttt II to ,
119nature 0.....
PURCHASER:
BOARD OF COUNTY COMMISSIONERS
COLLIER CP~jJTY, FLORIDA" '
BY Jl--t.t.! C,) C.,..,:\Qs.,
Fred W. Coyle, Chairman ' .
DATED:
SELLER:
FFEDERAL HOME LOAN MORTGAGE
CORPORATION, by Florida Default Law
Group, its Attorney-in-Fact
BY:
PRINT NAME:
TITLE:
Approved as to form and legal sufficiency:
~L~\-~Z-
Jennifer B. hi e, Assistant County Attorney
2