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FHA Purchase Agreement AddendumFHA PURCHASE AGREEMENT ADDENDUM FHA CASE # 1,FHA AMENDATOXY CLAUSE For value considerations, the yndemi ed Seller(s) and Purchaser(s) do hereby amend the Sales Contract between the Seller(s) and Purchaser(s), dated 5z l 1 g _ 2a / 3 covering the following property: 3402 Seminole, Naples, FL 34112 -. -.- try 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 desctibed herein or to incur any penalty by forfeiture of earnest money deposits or otherwise unless the purchaser has been given in accordance with HUDIFHA 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 $91,000.00 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. IRM does not warrant the value of condition of the property. The purchaser should satisfy himself that the price and condikon of the property are acceptable." 2. REAL ESTATE CBK1IFICAT_I iN "We the undersigned, hereby certify (hat 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," proves: "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 - sball be fined not more than $5,000.00 or imprisoned not more than two years, or both." Other Federal Statutes provide eovere penalties for any tlraud as intentional misrepresentation made for the purpose of iniluenchig the issuance of any guaranty of Insurance or the making of any )6a# by the Administrator or Veteran Affairs. I/We certify that I have r and understand pt p!hs 1 ough 2 above and acknowledge by have received a copy of document. JG Purchaser/ Signature Purchased signature` Purchaser/ �tnSaAc signature Selling Selling Agent/ j signature Z-5F—C —:1;14 a -5--rl TCI7�' Seller/ signature Seller/ signature Listing Agent/ I �/� signature my /our signature that Uwe Da Date Date Date Date Date Hate Date 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: � FHA PURCHASE AGREEMENT ADDENDUM - 1/2(103 NEIGHBORHOOD STABILIZATION PROGRAM Property Address: 3402 SEMINOLE AVENUE, NAPLES, FL 34112 Folio Number: 74411400005 Re: FHA PURCHASE AGREEMENT ADDENDUM SUBSTITUTE EXECUTION PAGE Date Property conveyance approved by BCC: December 1, 2009 — Item 17B and October 12, 2010 — Item 16D2 and December 13, 2011 — Item 10A AS TO BUYER: DATED: 3 ATT., r A n b dt vC Attest as to Chairman's. T De e _ signature 00 Approved as to form and legal sufficiency: Jennifer B. White, Assistant County Attorney BOARD OF NTY COMMISSIONERS COLLI R UIT , FLORIDA BY: Ged gi VI , Esq., Chairwoman