Earnest Money Addendum
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ADDEl'IDUII! TO PlJRCHASE AGREEMENT
ThIs ADbENDUM TO PUllCHASE AOIUlBMllNT ia ~ '" of 1hc la" day of June, 2010, by lIII<I
bc(w.... BAC HOME LOAl'lS SERVICING LP. FIKIA C01JNTRYWlDB DOME WAl'fS
SERVICING LP. a T_ LiJIli.... "artuenhlp u =vicin& agart and attomey in foa:t lOr
~..). B~ I- ," I!ld ...\sI81iIlfBII . 1'. , fv. the B8DIc of New York as Trustee for the
CcU1ir"""nlden CWABS, loc. Assd..flal:bd Certific:ale3, Series 2~ (boRliaaft>or c:aIJed
"SaIlor"), Collior Coauly, .. Political SubdiviIion oflllo _ of_ ~ ca1led "PurcIIaer"),
lIII<I :BoriDlm, Ramort; Vopl md MmdIor, P.A. (bor1liDofbr ..n..d "Eoc:row Ageat"), ....~ 1hot
oortoiD PIDclIuo Aa<- ~ die Portico of...... _ hmwilh.
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E...-ow AJPllllICIa1owJedgeo lhoI upoa m>cipl of .......... IIIll1llly in \he IIlR01IIIl of 11,000.00
~lOtho IleoJ ~J'\JnlblIOoApeoIDIlDtdalod J....la, 2010, CIIleJed lnIob_Se1ler
""" Pun:b.ae: ("PunlbMe Asr-1IIl") Ibo Eocrow Apot ..... .m writlo8 ~JIC"IlelIl of
_pt of funds 10 the Seller lIII<Il'lml...... Eocrow ~ 11IoII hold ia.. ......~ '-rina
0CC0UDt pllnUattu tllxpoyw iDliJrnWion provided to Eocrow Apnl by PuIoIIuer.
Xf Pun>baser _eoIo 1bc PurclIuo A..-em, PurcIluar AIm! giv. _ IlOUce to Esaow ood
SelIor. If I!oc:nlw Apot doco not _ .. ....._ objection liom SoUor _in a liv. (~)
basmoia day period _Ibo ..... of~'. writIon 1lClti<:.. !bon Eacrow Apt lIbaII dbbu...
tbe _t IDOllCI)' 10 Purcbua'. lfEJa'Ow Ap ...,.;VOS.. _ ob:jCOliOD from Sel...._
S1IdJ five (~) boD..... day period, Eacrow A....I ohaII _ 10 hold t!oc OlIlDoat <llODcy until
IJscrow Apol .-i_ joint _ ios1JucIiooa liom Sel1c:t oad Pun:hliser JCglUding
~ oflhe """""" mlllUlJl or uoIil Esctow Agaat ~ . IWaI ...dCl' from .. 00lDt of
compotentjuriodictiaD din>cting Escrow A,puIIo _1hc....- money.
~_ iD lhiI Aa-mcd it sball be mtWrod thOllJlltice or dc1Il8Ild be amn by ollbor P1Irty 10
this Agt'OCDl_lD dle _. ouch _ or dom.... oball not be......ed given or IIlIVed UDl... ill
writina aDd forwonlcd by (I) RlIi-..J or CCllifiod IIWl, poatop propalcl; (Ii) by rcpulllblc
ov....igbt courier lOch .. F<<ionli I!xp<coI. Airbomo or othon, or (iii) by fiLcsimilc, oddrasod ..
10110_
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To Seller It
BAC _ l.OIllS Sen>iciDtl LP, FIKJA ~dc Home l.OIllS
SorvieinaLP. a TOlI.U Limilod ~
400 COUIIlIyWido Way. Simi ValIoy, CA 93065
AIIn: RcaI Bstma MIIa"""OIIt- NSP
ColliCl'CoonIy, apolilical SubdioisioD oflho SlalolofFlorida
3301 Tomiomi Troill!ul
Noplu, FL ]41 J 2
Ann: G&I)' Blplow
8onDIa1, Rmoo1t, Vogel ODd MllIldlcr, P.A.
looBE2'"_-29"FIr
Miami, FL ]]131
AltII: Scott Levino
To Pu:roh!uo< at;
T"~ Ascot II!:
AddesidllIll-P"*'1
The date of notice shall be the date deposited in the U.S. Mail, with an ovemight delivery service, or sent
by facsimile.
4) The sole duties of Escrow Agent shall be those des<"TIbed helllin, and Escrow Agent shall be
under no obligation to determine whether the other parties hereto are complying with any
requirements of law of the terms and conditions of any other agreements among said parties.
Escrow Agent may conclusively rely upon and shall be protected in acting upon any notice,
consent, order or other document believed by it to be genuine and to have been signed or
presented by the proper Party or parties, consistent with reasonable due diligence on Escrow
Agent's part. Escrow Agent may consult the advice of counsel with respect to any issues
concerning the interpretation of its duties hereunder Purchaser and Seller hereby acknowledge
such fact and indelIU1ifY and hold harmless Escrow Agent from any action taken by it in good
faith in reliance thereon. Escrow Agent shall have no duty or liability to verifY any such notice,
consent, urder or other document, and its sole responsibility shall be to act as expressly set forth
in this Agreement. Escrow Agent shall be under no obligation to institute or defend any action,
suit or proceeding in connection with this Agreement. If any dispute arises with respect to the
disbursement of any monies, Escrow Agent may continue to hold the same or commence an
action in interpleader and in connection therewith remit the same to a court of competent
jurisdiction pending resolution of such dispute, and the Parties hereto hereby indemnify and hold
hannless Escrow Agent fot any action taken by it in good faith in the ex<;cution of its duties
hereWIder. The Parties agree that there may exi.1 a potential conflict of interest between the
duties and obligations of Escrow Agent pursuant to this Agreement and as insurer of the title to
the property after sale from Seller to Purchaser. The Parties hereto acknowledge such potential
cnnf1jct and indemnify and hold harmless Escrow Agent from any claim of interest arising as a
result of the exercise of its duties hereunder and in determining whether it can give its irrevocable
commitment to insure title.
Addendwn - Page 2
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SELLER:
BAC HOME LOANS SF;RVIONG LP, F/KJA
COUNTRYWIDE HOME LOANS SERVICING
LP, a Texas Limited Partnenhip as servicing
agent and attorney in fact for The Bank of New
York as Trustee for the Certificateholders CWABS,
Inc. Asset-Backed Certificates, Series 2006-4
By: ~ OQAj J.t(.\I'Jbr-
KeJlie Mavrolas
Its: Asset Manager
PURCHASER:
Collier County, a Political Subdivision of the
State of Florida
.See substitute signature page attached hereto.
ESCROW AGENT:
Berman, Rennert, Vogel and Mandler. P.A.
By:
Scott Levine
Its: Attorney
Addendum - Page 3
Project: Neighborhood Stabilization Program
Folio Number: 74411400005
Property Address: 3402 Seminole Ave, Naples, FL 34112
Document: Earnest Money Addendum
SUBSTITUTE SIGNATURE PAGE
Date property acquisition approved by BCC: October 27,2009, Item 1608
AS TO PURCHASER:
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DATED: Mati I, r)
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~~~'~::aROCK, Clerk
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. . .
. R ty Clerk
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BOARD OF COUNTY COMMISSIONERS
COLLIER COUNTY, FLORIDA
BY: NW. ~
Fred W. Coyle, Chairman
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Approved as to form and
legal sufficiency:
~~~
Jenni r . While
Assistant County Attorney
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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 dOClll1lCnb should be 11<lIld delivered to the IJ(lard ()fIIcc lile <:omplclcd ruuting slip and original
documents are to be forwarded to the Roard Office only aftl'r th(' 130:ll'd has taken action on the item.)
ROUTING SLIP
Complete routing lines # I through #4 as appropriate for additional signatures, dates. and/or information needed. I f the document is already complete with the
exec lion oflhe Chairman's si nature, draw a line through routing lines # I through #4, completl: the checklist, and tixv-iard to Sue Filson (line #5).
Route to Addressee(s) Office Initials ate
(List in rolltin order)
1.
---
2.
3.
4.
5. Ian Mitchell, BeC Office
Supervisor
6. Minutes and Records
Board of Counly Commissioners
Clerk of Court's Office
"J)A
N/A
PRIMARY CONTACT INFORMATION
(The primary contact is the holder of the original document pending Bee approval. Normally the primary conlact is the person who cft:atedJprepared the executive
summary. Primary contact information is needed in the event one of the addressees above, including Sue Filson, need to contact staff for additional or missing
information. All original documents needing the Bee Chairman's signature arc to be delivered to the l3ee office only after the Bee' has acted to approve the
item,)
Name of Primary Staff SUE JIM ZIMMERMAN Phone Number 252-2622
Contact
Agenda Date Item was October 27, 2009 Agenda Item Number 1608
Approved bv the BCC
Type of Document tOJ1'lU,1 /\.tone""'j A.ld01durY\ Number of Original I
Attached Documents Attached
INSTRUCTIONS & CHECKLIST
Initial the Yes column or mark "N/A" in the Not Applicable column, whichever is
a ro riate.
I. Original document has been signed/initialed for legal sufficiency. (All documents to be
signed by the Chairman, with the exception of mostlctters. must be reviewed and signed
by the Office of the County Attorney. This includes signature pages fTom ordinances,
resolutions, etc. signed by the County Attorney's Office and signature pages from
contracts, agreements, etc. that have been tully executed by all parties except the BCC
Chairman and Clerk to the Board and ossibly State Omcials.)
2. All handwritten strike-through and revisions have been initialed by the County Attorney's
Office and all other arties except the BCC Chairman and the Clerk to the Board
3, The Chairman's signature line date has been entered as the date ofBCC approval of the
document or the final TIe 'otiated contract date whichever is a licable.
4. "Sign here" tabs are placed on the appropriate pages indicating where the Chairman's
si nature and initials are re uired.
5. In most cases (some contracts are an exception), the original document and this routing slip
should be provided to Ian Mitchell 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 Bee's actions are nullified. Be aware of your deadlines!
6. The document was approved hy the Bee on 10/27/09 (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.
Yes N/A(Not
(Initial) A licable)
N)A
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,
N/A
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N/A
I: Forms! County Forms/ Bee Formsl Original Documents Routing Slip WWS Original 9.03.04, Revised 1.2(l.fl5, Revised 2.2405, Revised 9.18.09