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FHA Purchase Addendum 08-24-'12 13:05 FROM-5/3 Bank Mission Hil 2393524273 T-661 P020/071 F-241 FHA PURCHASE AGREEMENT ADDENDUM FHA CASE e I.fHA AMENDATORY CLAUSE For value considerations,the undersigned Seller Purchaser (s)and (s)do hereby amend the Sales Contract between the Seller(a)and Purchasers),dated 1/Oitt�S'l F-( 7_0(2.- covering the following property: 2545 45th Ave NE, epics,FL 34120 by incorporation in and adding to the provisions of said Sales Contract the following. "It is expressly agreed that,notwithstanding any other provisions of this contract,the Purchaser shall not be obligated to complete the purchase of the property described herein or to incur any penalty by forfeiture of earnest money deposits or otherwise unless the purchaser has been given in accordance with HUD/FHA or VA requirements•written statement by the Federal Housing Commissioner, Veleraos Administration,or a or a Direct Endorsement lender setting forth the appraised value of the property of not less than S112,000.00 The purchaser shall have the privilege and option of proceeding with consuvunation of the contract without regard to the amount of the appraised valuation.The appraised valuation is arrived at to determine the maximum mortgage the department of Housing and Urban Development will insure.HUD dose not warrant the value of condition of the property-The purchaser should satisfy himself that the price and condiiton of the property are acceptable." 2.1214AL ESTATE CERTIFICATION "We the undersigned,hereby certify that the Contact to Purchase attached hereto is atrue and accurate representation of the tarns of the sale of the subject property.We Anther certify that there are not tenon or conditions relating to this sale that are not disclosed in the attached contract WARNING:Section 1 010 of Title 18,U.S.C.,"Federal Housing Administration Transaction,"providess"Whoever,for the purpose of-influencing In any way the action of such Admlolstration-makes,passes,utters,or publishes any statement,know the same to be false-shall be lined not more than$5,000.00 or imprisoned net more than two years,or both."Other Federal Statutes provide severe penalties for any fraud as intentional misrepresentation made for the purpose of influencing the Issuance of any guaranty of bumranee or the making of any loan by the Administrator or Veteran Affairs. I/We certify that I have read and and , .hi I through 2 above and acknowledge by my/our signature that I/we ready riv Qyy� of this doe Purchaser/ Date p Si:., tole Wit',! 1~�-r •tH`d+�1'.-/ Purchaser/ 3,�;F/ " Date si,. tote JIr' ' �! — „Ca"'Z z—/Z Purchaser/ Date sigaatuae Purchaser/ Date signature Selling Agent/ I j w fpc Date signature Iv Pa Date m" SEE. A-11AC-4 - t-,i roc-f I TUTe Sepller/ E X E C U—ri d f.( PAGE Date Listing Agent/ I N/A Date signature This form must be signed by all Seller(s)and Buyer(s)as well as the Listing Agent and the Selling agent.Please return the original to: !0074301041625 FHA PURCHASE AGREEMENT ADDENDUM-1/2003 NEIGHBORHOOD STABILIZATION PROGRAM Property Address: 2545 45th Avenue NE Folio Number: 39834080005 SUBSTITUTE EXECUTION PAGE Date Property conveyance approved by BCC: December 1, 2009, Item 17B, and May 11, 2010, Item 16D1, and December 13, 2011, Item 10A AS TO BUYER: DATED: A. P ?4=a-, 2-°1 Z ATTEST;**"' . BOARD OF COUNTY COMMISSIONERS DWIGHT E. Eit2QCK, Clerk COLLIER COUNTY, FLORIDA .` •�.� BY is to Cho - . , �' Fred W. Coyle, Chairm nJ sib cog, Approved as to form and legal sufficiency: Jenne r B. White, Assistant County Attorney