Amendment to Sale and Purchase #2
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NEIGHBORHOOD STABILIZATION PROGRAM
Property Address: 3620 20th AVENUE NE, NAPLES, FL 34120
Folio Number: 40361160005
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 RUBEN A. CASTRO and ISABEL M. CASTRO, husband and wife, (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.
$89,100.00.
b.
$68,598.00.
c.
$17,820.00.
Line 15 of the Agreement is revised to reflect that the Purchase Price shall be
Line 20 of the Agreement is revised to reflect that the loan Amount shall be
Line 21 of the Agreement is revised to reflect that the "Other" amount shall be
d. Line 115 through Line 117 is revised to read: **Buyer will receive $26,730.00 from the
Collier County Neighborhood Stabilization Program. Buyer will use $17,820.00 (20% of the Purchase Price) for
Principal Reduction and the remaining balance of $8,910.00 will be used for closing costs, prepaid items and
any discount points associated with the First Mortgage transaction.
Except as expressly provided herein, the Agreement between the Purchaser and the Seller remains in
full force and effect according to the terms and conditions contained therein, and said terms and conditions are
applicable hereto except as expressly provided otherwise herein.
IN WITNESS WHEREOF, the Purchaser and Seller have executed this Amendment as of the dates
hereinafter stated.
Date property sale approved by BCC: December 1, 2009, Agenda Item 17B
Notice of Intent to approve Final Disposition approved by BCC: May 11, 2010, Agenda Item 16D1
DATED: 9!t1/4%
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SELLER:
ATT~$J): .~"" ;,/~'"
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BOARD OF COUNTY COMMISSIONERS
COLLIER COUNTY, FLORIDA
BY: ~W. ~
Fred W. Coyle, Chairman
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Approved as to form and
legal sufficiency:
~ --{) -V 0-.--
Jennife . White,
Assistant County Attorney
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NEIGHBORHOOD STABILIZATION PROGRAM
Property Address: 3620 20th AVENUE NE, NAPLES, FL 34120
Folio Number: 40361160005
DATED:
1- /~-/()
PURCHASER:
eLo~
RUBEN A. CASTRO
2
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Clerk of Court's Office
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PRIMARY CONTACT INFORMATION .
(The primary contact is the holder of the original document pending Bee approval" Nonnally the primary contact is the person who tTcatcdlpreparedthe executive
summary. PTimary 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 are to be delivered to the Bee office only after the Bec has acied to approve the
item. ,
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~ Phone Number 2'/3
.,J...' ///~//" + 1(, '10 Agenda Item Number /7~ /" D0 /(;,z>.
Number of oiiginal eX
Documents Attached
INSTRUCTIONS & CHECKLIST
Initial the Yes column or mark ''N/A'' in the Not Applicable column, whichever is Yes N/A (Not
a r riate~ (Initial). A Hcable)
Original document has beensignedlinitialed 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 ofthe County Attomey. thisillcludessignature pages from ordinances; r
resolutions, etc. siglled by the County Attorney's Office and signature pages from
, . contrac!S,agreement~,etc.thathave been fuUy executed byall parties except the BCC
Chairman and Clerk to th~ Board and ossibly State Officials.)
,., All, handwritten strike-throughandrevisionshave been initialed by the County. Attorney's
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Office and all other parties ex<;e 'i the BCe Chainnan and the Clerk to the Boato
. The Chairman's si,gnature.li.ne date.hCl!igeenente~edasth~ dat~?f BCd~\?B~I:~val of the
document or the finalnegotlll,tedcoJltract date whIchever IS a !leable. ',. .
"Sign here?' tabs are. placecf<>n th(appropria.te page~indieatingwhere. the Chairman's
signat\,lreand initia.ls arere uire& . .
Inmost <;ases (some contracts' are an, exception),:theoriginaldocument and this rO\,lting slip
ShOllW beprovideg to'IaQl'4itl:)chelJ in the BCCoffice withiri~ho!.lJ"sofBCq approval.
Som,e documents are time serisitivea,ndrequi.re fOr\>{~c:lingto Tallahas~ee within ,a certain
time frame Of. theaCC's actions:awnuUified. B .awarceQf Y9,ur dead~Unes' .
Thedo~um en! wasapP!,!ov~d'b~ the.neC<HI?;:,(O . (enterqate:l:~Jld all chan~es.
, mad e ~Jurin gt h e'meeHng~. have: /:)~en;illcl)[pl)r~tedin the a,Hached d OCUJIl en to The '
Count Attorne 's()jfficehasrevie;wed4hc:ch:;m es, i11alica'bk,
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i: l"ormslCo!intyOFQrmsl BCCForms/OrigjnaIDOcumenls;RoulingSlip WWS Original9.QJ,04, Rc;vised J.26.05, Re\'is~d2,24'.05, R~vised9J 8.0.9
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