Amendment to Sale and Purchase Contract #2
.
NEIGHBORHOOD STABILIZATION PROGRAM 09-16-10P03:59 RCVD
Property Address: 380 47th AVENUE NE, NAPLES, FL 34120
Folio Number: 38607440006
SECOND AMENDMENT TO SALE AND PURCHASE CONTRACT
THIS AMENDMENT is entered into by and between COLUER COUNTY, a Political Subdivision of the State
of Florida, (Seller) and RIGOBERTO TOVAR and ODETTE E. TOVAR, a married couple, (Purchaser).
Purchaser and Seller entered into that certain "As Is" Contract for Sale and Purchase effective as of April 28,
2010 (the "Agreement"), and Amendment to Sale and Purchase Contract dated July 20, 2010. Purchaser and
Seller wish to amend the Agreement with the following terms and conditions:
1. Pursuant to the appraisal of the Property, the Purchase Price shall be reduced.
Accordingly, Line 15, Line 20, Line 21, and Lines 115 through 117 of the Agreement shall be amended to reflect
the following:
a. Line 15 of the Agreement is revised to reflect that the Purchase Price shall be
$91,800.00.
b. Line 20 of the Agreement is revised to reflect that the loan Amount shall be
$70,677.00.
c. line 21 of the Agreement is revised to reflect that the "Other" amount shall be
$18,360.00.
d. line 115 through line 117 is revised to read: **Buyer will receive $27,540.00 from the
Collier County Neighborhood Stabilization Program. Buyer will use $18,360.00 (20% of the Purchase Price) for
Principal Reduction and the remaining balance of $9,180.00 will be used for closing costs, prepaid items and
any discount points associated with the First Mortgage transaction.
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 executed this Amendment as of the dates
hereinafter stated.
Date property sale approved by BCC: December 1, 2009, Agenda Item 17B
Notice of Intent to approve Final Disposition approved by BCC: May 11, 2010, Agenda Item 1601
DATED:~t~2~201D SELLER:
" BOARD OF COUNTY COMMISSIONERS
COLUER COUNTY, FLORIDA
BY: ""~-tlL C^-).
:,', ep ty Clerk Fred W. Coyle, Chairman
A'tMt, ...... ,~i.,J j i
IfINW't/: .'t.~. ..... '.
Approved as to form and
legal sufficiency:
JennWer B.~,~ U ~
Assistant County Attorney
1
I
NEIGHBORHOOD STABILIZATION PROGRAM
Property Address: 380 47th AVENUE NE, NAPLES, FL 34120
Folio Number: 38607440006
DATED: q-Iu-IO PURCHASER:
~~~;fo~~~
2
. ;.;~; '.::"-T ; ,-. ~/{;,~':,"'.' "';::\~"', - "'-'0'
.". --' , ~ \.: '. .
,"-' ',". ", ,"
o _'. ." _
, , --.. ",' . '. . .
Clerk ofCourt>-s Office
,'" ,
.
" "PRIMARY CONTACT INFORMATION
(The primary contact is the holder of the original document pending Bee approval~ Normally the primary contact is the person who created/prepared the executive
sUlI'.mary. Primary contact information is nceded in the event one of the addressees above, including Sue Filson, need to contact 'staff for additional or missing
information. AU original documents needing the Bee Chairman's signature are to be delivered to the Bee office only after the Bee has acied to approve the
item. .
Name of Prim&ry Staff ~~ Phone Number . fb7J3
Contact.
, Agenda Date Item was /:;2..!1!U:b9 Agenda Item Number 17i!!!:.
A roved by the BCC 6' II :2.-C>/O //, 1>1
Type ofDbcument $,iJ~ '.~~ Number of oTiginal I
Attached Documents Attached
INSTRUCTIONS & CHECKLIST
Initial the Yes column or mark"N/A"/in the Not Applicable column; whichever is Yes
Ii pro riate. (Initial).
Original document has been. sigIledlinitialed for legal sufficiency. (All documents to be
sigIled by the Chairman, with the exception of most letters, must be reviewed. and'sigIled
by the Office ofthe County Attorney. This includes signature pages from ordinances,
resolutions, etc. siglled by the County Attorney's Office and sigIlattire pages from
. contrac~, agreememt~, etc. thathavebeenfully executedbyall parties except the BCC
Chairman and Clerk to the Board and Qssibly State Officials.)
AU, handwritten strike-through and revisions have been initialed by the County' Attorney's
Offi~e ~nd all other parties except the, BCC Chainnanand the Clerk to the BQard
, The Chairm,an' ssi@atureline date has been entered as the date of Bce approval of the
documentor the finalrie otiatedcontract date whichever is a . licable; ·
:: . "Sign here", tabs are placed on ,the appropriate pages indicatingwhere the Chairman~s-
signature andinitialsarere ulred.
In most cases.( some contractsllre anexception),'the original document and this rputingslip
should be provided to JanMith<;helJ inthe]3C.coffice within ~4hoursofBCCapproval.
Some c!.ocum,entsare timesel}sitiveand require forwarding to TaJlahas.s,e~wjthina certain
time'fram.e or thegCC'sacti0J!s'ar~nullified.Beawareofyour deadlines!' .' ,
The:dQCument was)lpp~oy,e~: by the' BeCon I;) I,. ' (enter date) and aU ehang,e~
mac:le)dllrhlgthemeeti~gha,Ye,beenincorporatedjn the att~.cheddl'lcument. The .
. Count Attorne 'sOffice'has:reviewedthe chan es,ifa. Jicable.. ....
',' ' ,'. -' -'
I: r'ormskCovnlxFormsl Bee Formsl Original Documenls Routing Slip WWS Original 9,03.04. Revised J .26.05; Revised,V4'.05;Reviscd:9J8.09
. .' - . l' -
..
J
MEMORANDUM
Date: September 23, 2010
To: Gary Bigelow,
Property Acquisition Specialist
From: Martha Vergara, Deputy Clerk
Minutes & Records Department
Re: NSP - "2nd Amendment" to Sale and Purchase Contract
380 47th Avenue NE, Naples
!
Attached is the one (1) of original document referenced above (for Agenda Item #'s
17B and 16D5) approved by the Board of County Commissioners on the following dates
Tuesday, December 1, 2009 and Tuesday, May 11, 2010.
After processing please forward a fully executed copy to the
Minutes & Records Office for the Board's Official Record.
If you should have any questions, please contact me at 252-7240.
Thank you.
Attachment