FHA Purchase Agreement Addendum FHA PURCHASE AGREEMENT ADDENDUM
FHA CASE u 095-2486065-703
1.FHA AMENDATORY CLAUSE
For value considerations, the undersigned Seller(s)and Purchaser(s)do hereby amend the Sales Contract between the Sellers)and
Purchaser(s).dated July 13, 2012 covering the following property:
4437 54TH Ave NE,Naples,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 a written statement by the Federal Housing Commissioner.
Veterans Administration,or a or a Direct Endorsement lender setting forth the appraised value of the property of not less than
$101.000.00 The purchaser shall have the privilege and option of proceeding with consummation 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 does 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.REAL ESTATE CERTIFICATION "We the undersigned,hereby certify that the Contract to Purchase attached hereto is atrue and
accurate representation of the terms of the sale of the subject property. We further certify that there are not terms or conditions relating
to this sale that are not disclosed in the attached contract.
WARNING: Section 1010 of Title 18,U.S.C.,"Federal Housing Administration Transaction,"provides: "Whoever,for the
purpose of-influencing in any way the action of such Administration- makes,passes,utters,or publishes any statement,know
the same to be false-shall be fined not more than$5,000.00 or imprisoned not 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 insurance or the making of any loan by the Administrator or Veteran Affairs.
I/We certify that I have read and understand paragraphs 1 through 2 above and acknowledge by my/our signature that Uwe
have received a copy of this document.
** SEE ATTACHED SUBSTITUTE EXECUTION PAGE.
Purchaser' Date
signature
Purchaser' Date
signature
Purchaser Date
signature
Purchaser' Date
signature
Selling Agent' I N/A Date
signature
Seller,' Date
signature
Seller.' Date
signature
Listing Agent' IN/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: Closing.Bangalore
I IHFII(I III 111111 111111 I
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FHA PURCHASE AGREEMENT ADDENDUM- t 2003
NEIGHBORHOOD STABILIZATION PROGRAM
Property Address: 4437 54th Avenue NE
Folio Number: 39027360008
SUBSTITUTE EXECUTION PAGE
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 and April 24, 2012, Agenda Item 11B.
AS TO BUYER:
DATED: 91/4.101------
ATTEST;. , , BOARD OF COUNTY COMMISSIONERS
DW[,G`HT E. BIkO,CK, Clerk COLLI R OUNTY, FLORIDA
BY: (9,
, I a .uty Clerk Fred W. Coyle, Chairma
Athol IS tO CitOrsei
Approved as to form and
legal sufficiency:
Jen er B. White
Assistant County Attorney