: LED tO Se bw STATE OF FLORIDA 03 JAN 23 PHI2: 43 DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION FLORIDA REAL ESTATE COMMISSION Cl FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, Petitioner, 0 yo OO} \ 3 PL vs. FDBPR Case N° 200180187 200183178 PIET ALBERT ZANER AND ROBERT JAMES CRAGER II Respondents. / ADMINISTRATIVE COMPLAINT State of Florida, Department of Business and Professional Regulation, Division of Real Estate (“Petitioner”) files this Administrative Complaint against Pict Albert Zaner and Robert James Crager II (“Respondents”) and alleges: ESSENTIAL ALLEGATIONS OF MATERIAL FACT 1. Petitioner is a state government licensing and regulatory agency charged with the responsibility and duty to prosecute Administrative Complaints pursuant to the laws of the State of Florida, in particular Section 20.165 and Chapters 120, 455 and 475, of the Florida Statutes and the rules promulgated pursuant thereto. 2. Respondent Piet Albert Zaner is and was at all times material hereto a licensed Florida real estate broker, issued license number 661322 in accordance with Chapter 475 of the Florida Statutes. The last license issued was as a broker at Powerhouse Realty Group, Inc., 1316 Peachfield Drive, Valrico, Florida 32594. FDBPR vy. Piet Albert Zaner Case No. 200180187 Administrative Complaint 3. Respondent Robert James Crager II is and was at all times material hereto a licensed Florida real estate broker, issued license number 615250 in accordance with Chapter 475 of the Florida Statutes. The last license issued was as an involuntary inactive broker at 5018 Mortier Avenue, Orlando, Florida 32812. 4. On or about February 17, 2000, and at all times material, Respondent Piet Albert Zaner (“Zaner”) was a broker salesperson for CPR Properties, Inc. (“CPR”). 5. On or about February 17, 2000, and at all times material, Respondent Robert James Crager (““Crager’’) was the qualified real estate broker for CPR. 6. On or about February 17, 2000, Respondent Zaner facilitated a purchase and sale contract concerning real property commonly known as 1009 Greenbriar Drive Brandon, Florida. Copy of contract is‘attached and incorporated as Administrative Complaint Exhibit 1. 7, On or about February 17, 2000, pursuant to contract, Buyer delivered to Jose Barco, an authorized agent for CPR, a check for $1000 as a deposit to purchase above referenced real property. Copy of check is attached and incorporated as Administrative Complaint Exhibit 2. 8. At all times material, Respondents failed to place deposit in a trust or escrow account. 9. After the transaction failed, and at all times material, Respondents failed to return deposit to Buyer. 10. On or about March 29, 2000, Buyer placed demand on deposit. FDBPR v. Piet Albert Zaner Case No. 200180187 Administrative Complaint COUNT I Based upon the foregoing, Respondent Piet Albert Zaner is guilty of failure to account or deliver funds in violation of Section 475.25(1)(d)1., Florida Statutes. COUNT II Based upon the foregoing, Respondent Piet Albert Zaner is guilty of dishonest dealing by trick, scheme or device, culpable negligence, or breach of trust in any business transaction in violation of Section 475.25(1)(b), Florida Statutes. COUNT III Based upon the foregoing, Respondent Piet Albert Zaner is guilty of failure to immediately deposit trust funds in violation of Rule 61J2-14.010 of the Florida Administrative Code and, therefore, in violation of Section 475.25(I)(e), Florida Statutes. COUNT IV Based upon the foregoing, Respondent Robert James Crager If is guilty of failure to account or deliver funds in violation of Section 475.25(1)(d)1., Florida Statutes. COUNT V Based upon the foregoing, Respondent Robert James Crager II is guilty of dishonest dealing by trick, scheme or device, culpable negligence, or breach of trust in any business transaction in violation of Section 475.25(1)(b), Florida Statutes. COUNT VI Based upon the foregoing, Respondent Robert James Crager II is guilty of failure to 4 2 FDBPR v. Piet Albert Zaner Case No. 200180187 Administrative Complaint immediately deposit trust funds in violation of Rule 61J2-14.010 of the Florida Administrative Code and, therefore, in violation of Section 475.25(1)(e), Florida Statutes. WHEREFORE, Petitioner respectfully requests the Florida Real Estate Commission, or the Department of Business and Professional Regulation, as may be appropriate, to issue a Final Order as final agency action finding the Respondent(s) guilty as charged. The penalties which may be imposed for violation(s) of Chapter 475 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license or registration or permit; suspension of the license, registration or permit for a period not to exceed ten (10) years, imposition of an administrative fine of up to $1,000 for each count or offense; imposition of investigative costs; issuance of a reprimand: imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant or permitee to complete and pass additional real estate education courses; publication; or any combination of the foregoing which may apply. See Section 475.25(1), Florida Statutes (2001) and Flonda Administrative Code Rule 61J2-24.001. The penalties which may be imposed for violation(s) of Chapter 455 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or permit; suspension of the license, registration, or permit for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or permitee to complete and pass additional real estate education courses; publication; restriction of practice; FDBPR v. Piet Albert Zaner Case No. 200180187 Administrative Complaint injunctive or mandamus relief; imposition of a cease and desist order; or any combination of the foregoing which may apply. See Section 455.227, Florida Statutes (2001) and Florida Administrative Code Rule 61J2-24.001. SIGNED this 2O day of Noupymoer . 2002. t of Business and Professional Regulation By: Director, Division of Real Estate a, ? Redes. Py Mo f ; a) eae ATTORNEY FOR PETITIONER ~ tg. | q be Leu Jo. me CHRISTOPHER J. DE COSTA mo, a Florida Bar N° 0271410 Senior Attorney, Real Estate Department of Business and Professional Regulation, Legal Section - Suite N 308 Hurston Bldg. North Tower 400 West Robinson Street Orlando, Florida 32801-1772 (407) 481-5632 (407) 317-7260 FAX CD/k PCP: MV/HF 11/02 NOTICE TO RESPONDENTS PLEASE BE ADVISED that mediation under Section 120.573 of the Florida w FDBPR v. Piet Albert Zaner Case No. 200180187 Administrative Complaint Statutes, is not available for administrative disputes involving this type of agency action. PLEASE BE FURTHER ADVISED that pursuant to this Administrative Complaint you may request, within the time proscribed, a hearing to be conducted in this matter in accordance with Sections 120.569 and 120.57 of the Florida Statutes; that you have the right, at your option and expense, to be represented by counsel or other qualified representative in this matter; and that you have the right, at your option and expense, to take testimony, to call and cross-examine witnesses, and to have subpoena and subpoena duces tecum issued on your behalf if a formal hearing is requested. PLEASE BE FURTHER ADVISED that if you do not file an Election of Rights form or some other responsive pleading with the Petitioner within twenty-one (21) days of receipt of this Administrative Complaint, the Petitioner will file with the Florida Real Estate Commission a motion requesting an informal hearing and entry of an appropriate Final Order which may result in the suspension or revocation of your real estate license or registration. Please see the enclosed Explanation of Rights and Election of Rights form. THIS FORM HAS BEEN APPROVED BY THE FLORIDA ASSOCIATION OF REALTORS® AND THE FLORIDA BAR, . Contract for Sale and Purchase FLORIDA ASSOCIATION OF REALTORSO AND THE FLORIDA BAR a “1 PARTIES: eee World Outreach Casmunity Development Corp. a. (Seller), 2of 47 fountry Club Drive, Orlando, FL 32808. -—-~ (Phone) | : "Sand. -----Paul Stuble ave (“Buyer”), gol. --- —. —. __..1009 Greenbriar Drive, Brandon, F335 phoney _. 5 hereby agree that Seller shall sell and Buyer shall buy the following described real properly and personal property (collectively 6 "Property”) pursuant to the terms and Conditions of this Contract for Sale and Purchase and any riders and addenda Contract’); 71. DESCRIPTION: 8 (a) Legal description of the Real Property located in —.. -~- -—. Hillshorough.. soe ee 2 a County, Florida: 9 . re — -Southwood Hille Unit £3.Let 2 Block 4 few oe seen fen 10 ee ee . wee a an — —.. — : —, "11 (b) Streetaddress, city, zip, of the Property is:_ __. 1009 Greenbriar Drive Brandon. FL _33514 "412 {c) Personal Propery: wee . oe. ALL Attached . wee vee 13 Loe, wee eee .. . Bee ee ee tee. wee - - 14 15 Il. PURCHASE PRICE: seeeetsceevaveees 16 PAYMENT: “47 {a) Deposit held in escrow by ~— CPR Properties, In (downpayment) . (Escrow "18 Agent) in the amount of... "19 (b} Additional escrow deposit to ~20 Paragraph Ill) in the amount of “24 (c) Subject to AND assumption *23 (4) New mortgage financing x *24 (e) Purchase money morgage and note to settee cestettseneteesteeas $ £3,000 Offer is not executed by and delivered Lo all parties OR FACT OF EXECUTION communicated in wnting between the parties on or before 34/00. the deposit(s) 30 will, at Buyer's option, be returned and this offer withdrawn. For Purposes of delivery or notice of execution, parties include Buyer rs or allorneys. The date of Contract ("Effective Date") will be the date when the last offer. A facsimile copy of this Contract and any signatures hereon shali be considered 34 IV. FINANCING: ‘ "35 XX (a) This is a cash transaction with no contingencies for financing: . "36 {3 (b) This Contract is Conditioned on Buyer obtaining a written loan commitment within _ days after Effective Date for "37 (CHECK ONLY ONE} Ca fixed: C}an adjustable: of ita fixed or adjustable rale loan in the principal amount of *38 So aan initial interest rate notloexceed Sh. discount and origination fees nolto exceed % "39 Of piacipal amount, and for a term of years. Buyer will make application within days (5 days if left blank) after 40 Effective Date and use reasonable diligance to obtain a loan commitment and, thereafter, lo satisfy terms and conditions of 41 the commitment and close the loan, Buyer shall pay all loan expenses. If Buyer fails lo obtain a commitment o: fails to waive 42 Buyer's rights under this subparagraph within the time for obtaining a commitment or, after diligent effort, fails to meet the 43 terms and conditions of the commitment by the closing date, then either party thereafter, by written notice to the other, may 44 Cancel this Contract and Buyer shall be refunded the deposit(s); or "45 | i(c) The existing mortgage, described in Paragraph Il(c) above, has: [la vaclable interest rate; or (la fixed interest fate of "45 --- .% perannum. A! time of title transfer, some fixed interest rates are Subject to Increase: if increased, the rate shall not "47 exceed _. % per annum, Seller shall furnish a statement trom eacn mortgagee stating the principal balance, method of 43 payment, interest rate and status of morgage or authorize Buyer or Closing Agent to obtain the Same. ff Buyer has agreed lo 49 essume a morgage which requires approval of Buyer by the mortgasee for assumption, then Buyer shall promptly obtain the 50 necessary application and diligently complete and return it to the morigagee. Any mortgagee charge(s). not to exceed "34 So. sae =. =(1% of amount assumed if lent blank), shall os paid by Buyer. If Buyer is not accepted by mortgagee or 52 the requirements for assumption are not in accordance with the terms of this Contract or mortgagee makes a charge in 53 excess of the stated amount, Seller or Buyer may rescind this Contract by wittes notice to the other party unless either 4 elects to pay the increase in interest rate or excess morgage charges ! " , deliver “SS OV. TITLE EVIDENCE: At least 3. days before closing date, (CHECK ONLY ONE): [ Seller shat, at Seller's expens C or & Buyer shall at Buyers expense obtain (CHECK ONLY ONE): “]abstract of t or Rute “SS to Buyer or Buyers attorney: $7 insurance commitment (with legible copies of instruments listed as Oxceniions ettached thereto) and, after closing, an owner's 58 policy of title insurance. "Sg VIL CLOSING DATE: This transaction shall be closed and the closing documents delivered on . Ox before 3/20/90_, 60 unless modified by other provisions of this Contract, Juyer ( { as L( )and Solter(__f2 35 } acknowledge receipt of a copy of this page ARIDARTS Rev eos RISERS CAN BE OETAINES FROM THE FLORIDA E FLORIOA BAR 027 LMINT This torn ts feensed for use with Formulator” Forms Sofware by ISG fh ADM: EX of PAS oS. a Vil, RESTRICTIONS; EASEMENTS; LIMITATIONS: Buyer shall take title subject to: comprehensive land use plans, Zoning, restrictions, prohibitions and other requirements imposed by governmental authority: restrictions and matters @ppearing on the plat or othenvise common to the subdivision; outstanding oll, gas and mineral rights of record without right of entry: public utility easements of record (easements are to be located contiguous to real Property lines and not more than 10 fest in width as to the rear or front lines and 7 1/2 feet in width as to the side lines, unless otherwise Stated herein): taxes for year of closing and subsequent years: assumed mortgages and purchase money mortgages, if any (if additional items, see addendum); Provided, that there exists at closing no violation of the foregoing and none Prevent use of the Property for. Tasidential _ ee. _ . purpos e(s). VL OCCUPANCY: Seller warrants that there are no parties in occupancy other than Seiler: but if Property is intended ta be Tented or occupied beyond closing, the fact and terms thereof and the tenant(s) or occupants shall be disclosed pursuant to Standard F. Seller shall deliver occupancy of property to Buyer at time of closing unless otherwise stated herein. If occupany is to be delivered before closing, Buyer assumes all risks of loss to Property from date of occupancy, shall be responsible and liable for maintenance from that date, and shali be deemed to have accepted Property in its existing condition as of time of taking IX. TYPEWRITTEN OR HANOWRITTEN PROVISIONS: Typewritten or handwritten provisions, riders and addenda shail control all 75 76 printed provisions of this Contract in conflict with them. 77 X. RIDERS: (CHECK those riders which are applicable AND are attached to this Contract): “78 L] COMPREHENSIVE RIDER G HOMEOWNERS' ASSN. C] COASTAL CONSTRUCTION CONTROL LINE "79 C7 CONDOMINIUM []°AS Is" CHINSULATION "80 CU VAFHA (J) LEAD-BASED PAINT Cj vee eee, _ “81 Xi, ASSIGNABILITY: (CHECK ONLY ONE): Buyer [7 may assign and thereby be released from any further liability under this 82 Contract; [") may assign but not be released from liability under this Contract: or K may not assign this Contract. 53 XI DISCLOSURES: ~_ 84 (a) Radon Is a@ naturally occurring radioactive gas that when accumulated in a building in sufficient quantities may present 85 health risks to persons who are exposed to it overtime. Levels of radon that excecd federal and stale guidelines have been 86 found in buildings in Florida. Additional information regarding Radon er Radon lesting may be obtained from your County 87 Public Health unit. 88 (6) Buyer acknowledges receipt of the Florida Buliding Energy-Efficiency Rating System Brochure. 89 (c) If the real Property includes pre-1978 residential housIng then a lead-based paint rider is mandatory, 90 (d) If Selleris a ‘Soreign person” as defined by the Foreign Investment in Real Property Tax Act, the parties shalt comply with 91 that Act. 92 {e) If Buyer will be obligated to bea member of a homeowners’ as Saciation, BUYER SHOULD NOT EXECUTE THIS CONTRACT 93 UNTIL BUYER HAS RECEIVED AND READ THE HOMEOWNERS’ ASSOCIATION DISCLOSURE, 94 XII MAXIMUM REPAIR COSTS: Seller shall not be responsiblo for payments in excess of: 95 as... LO . for treatment and repair under Slandard D (if blank, then 2% of the Purchase Price) 96 (D)$S Le LQ tor repair and replacement under Standard N (if blank, then 3% of the Purchase Price). “97 XIV, SPECIAL CLAUSES: ADDENDA: If additional terms are to be provided, atlach addendum and CHECK HERE & 98 XV. STANDARDS FOR REAL ESTATE TRANSACTIONS: Standards A through W on the reverse side or attached are Incorporated 99 as a part of this Contract. . : 100 THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD, SEEK THE ADVICE OF 101 AN ATTORNEY PRIOR TO SIGNING, 102 THIS FORM HAS BEEN APPROVED BY THE FLORIDA ASSOCIATION OF REALTORS® AND THE FLORIDA BAR. 103 Approval does nal constitute an opinion that any of the terms and conditions in this Contract should be accepted 104 by the partiesine particular transaction, Terms ang CONCITIONS should be negotiated based upon the 105 respéctive interests, objectivos and bargaining positions of allinterested persons 106 COPY GH 1993 BY THE FLORIDA BAR AND THE FLOR} SSOCIATION OF REALTORS® Z A 107 Sel AA 2/29/00 | Fe ( lateata coe. RLZ9LO0_. “108 (Boyes Paul Stuble (Date) ( 7 foe World Outreach CDC (Date) “109 Social Security or Tax 1D, # -~ —~ 21022273633 Socia! Security or Tax LO.#. 8923299256 “110 _ coe . aa - wee es Lo , wes - ‘414 (Buyer) (Date) (Selles) (Date) 112 Social Security or Tax 10. #_ . oe ee Social Security orTaxh Dia _—_. ce ‘13 Deposit under Paragraph Wt (a) received: If OTHER THAN CASH, THEN SUBJECT TO CLEARANCE 114 oe __- . (Escrow Agent} 115 BROKER'S FEE: The brokers named below, including listing and Cooperating brokers, ate the only brokers entitled to 115 compensation in connection with this Contract: 117 Name _ . . wee . _ _ wre . CPR Properties, Ine. 118 Cooperating Brokers, if any Listing Broker uyer ( 107 5 ( ) and Soller ( a ye _) acknowledge roceist of s copy of this page. ‘RIBAR.S Rov E92 BIDE RS CAL CRROS THE FLORIOA ASSOCIAT SALTGRS 8 OR= CEOREAINT \RIGAR.S VEG? FIDERS Cane CRRGM TRE FLORIDA ASSOCIATION OF RS AL TOADS Hele Sori G. nie form ts beensed for vee wih Formulatar” Forms Software bY ISG técAliste: © the side lines, unless Otherwise stated herein) _ if any (if additional ite use of the Property for radidential 3s otherwise stated herein, EN OR HANOWRITTEN PROVISIONS: Typewritten or handwritten p rovisions, riders and addenda shall contro! all 1s of this Contract in conflict with them, 'ECK those riders which are applicable AND are attached to this Contract): XEHENSIVE RIDER O HOMEOWNERS’ ASSN. CO) coastat CONSTRUCTION CONTROL LINE DMINIUM [J "As is \ C) INSULATION C) LEAD-BASED PAINT CJ ITY: (CHECK ONLY ONE): Buyer (J May assign and thereby be releas assign but not be released from liability under this & naturally occuring radioactive gas that when accumulated ina building in sufficient quantities may present 0 persons who are exposed lo it overtime. Leveis of radon that exceed federal and stale guidelines have been dings in Florida. Additional information regarding Raden or Radon testing may be obtained from your Counly unit, ed from “any further liabliity under this Contract; or XX may not assign this Contract. rowledges receipt of the Florida Building Energy-Efficienc oroperty includes pre-1978 residential housing then a a foreign person” as defined by the Foreign Investm y Rating System Brochure. lead-based paint nder is mandatory. ent in Real Property Tax Act, the parties shall comply with be obligated to be a member of a homeowners! as sociation, BUYER SHOULD NOT EXECUTE THIS CONTRACT . “ER HAS RECEIVED AND READ THE HOMEOWNERS’ ASSOCIATION DISCLOSURE, of the Purchase Price), % of the Purchase Price). TENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD, SEEK THE ADVICE OF AN ATTORNEY PRIOR TO SIGNING. WANS 2/29/00 _ EM Lite — . 2/29/00 Paul Stuble (Date) ( te = World Outreach cbc (Date) ax 1D. — KD0=22-3613 _. Social Security or Tax LD -—99-3299254 : - ~~ (ate) (Seller) _ “" ©aie) x1 FL -- ae Social Security or Tax 1D. a, ‘graph ll (a) received: IF OTHER THAN CASH, THEN SUBJECT ~— (Escrow Agent) brokers named be! w, Including listing and Cooperating brokers, are the Only brokers entitled to 'ecUion with this Contract TO CLEARANCE ae ce ue toe pe CRE.Rropertiea, Inc, rokers, Hany Listing Broker — 299 Setler ( fi- ( ) acknowledge receipt of a copy of this page. PS CAN BE OBTAINED FROM THE FLORIDA ASSOCIATION OF REALTORS® OR THE FLORIGM win Formulator? Forms Sot ‘ware By ISG McAllister Publishing, Inc. 805-336-1927 149 STANDARDS FOR REAL ESTATE TRANSACTIONS 129 A. EVIDENCE oF TITLE:(1) An abstract of title preparad or brought current by a fepulable and existing abstract Nem (if not existing then 121 Garified es correct by an existing firm) purperting to be an accurate synopsis of the instruments affecting title'ta the real Rroperty facorded In 122 {he pudlic records of the county wheroin the real Froperty is located through Effeclive Date. tsnalico 123° of such later date ou may de customary in the county, Upon closing of this Contract, the abstract shall becoma the Property cf Buyer, subject to 124 tha right of retention thereof by first mortgagee unlit fully paid. (2) A_title insurance com 125 agreeing to issue Buyar, upon record 126 Buyers title to the real Property, subject only to liens, encumbrances, exceptions or qualifications provided in this Con 127 diacharged by Setter at or before ciosing. Seller shall 128 provided in this Contract, Marketable litle shall be dalermined according to applicable Title Standards scopted by authorily of The Florida Bar 129 and in accordance with law. Buyer shall have § days from date of receiving evidence of litle to examina il. Hf title is found defective, Buyer 130 shail within sald 5 days natily Seller in writing specifying the defect(s). if defeci(s) render title unmarketable, Seller will have 30 day trom 1314 receipt of netics to remove the defects, failing which Buyer shall, within five (5) days affer expiration of the thirty (39) day Period, doliver wriltan 132 notica ta Seller oilhor: (1) extanding the time for a reasonable period nat to exceed 120 days within which Salier shalt use diligent effort to 133 remove tha dafects: or (2) requesting a refund of Seposil(s) paid which shall be immediately returned to Buyor. If Buyer fails ta 30 notify Seller, 134 Buyer shall ba deemed to have accepted (ne litle aa ll then is. Seller shall, If titte is foundunmarketadle, use Giligent effort ts correct defect(s) 135 within the time providad Wberefor, 1 Seller is unable ta timely correc! the defects, Buyer shall either waive the defects, or receive g tefund of 136 deposit(s), theraby telaasing Buyer and Selle: from all further obligations under this Contract, If evidence of title Is Celivered ts Buyerless than 137 & days prior fo closing, Buyer may axtend closing date so that Buyer shall have up lo § days tram date of feceip! of evidence of title to examine 138 same tn accordance with this Standard. B. PURCHASE MONEY MORTGAGE; SECURITY AGREEMENT TO SELLER: A purchase money Morigage ang mortgaze nate to Soller shall 140 provide for @ 30-day grace Period in the event of default if a first mortgage and a 15-day grace period if a second or lesser mortgage: shat! ght of prepayment in whole of in Part whNoul penalty; shall permit acceleration in event of transfer of the real property; shall raguire landing and forbid modifications of or future advances under prior mortgage(s): shall require gagee clause covorlng ail improvements located on the roa, property agains! 144 fire ang alt perils includad within the term “extended coverage endarsemonts" and such other risks and pects as Seller May reasonadly require, o, note and eccurily agreement shall be olherwise in form ang content required 146 by Sellar: but Sellar May Only require clauses and ccverage customarily found in mortgages, mottcage notes and Security agreements generally ks located in the county wherein the roal property I> located. A!l personal ¥ agreement evidenced by tecorded 141 provide for ri 142) all prior liens and encumbrances to be kepl in gaod s 143° Buyer lo maintain policies of insurance containing a standard mort 148 property and luasas being conveyed or assigned will, at Seller's option, be subject to the lien of a securil 149 financing statoments. ff 8 balloon mortgage, tne final payment will exceed the Periodic payments thereon {$0 C. BURVEY: Duyor, at Buyer's axpense, within time allowed to Geliver evidence of litle and 10 examina same, may have the real rroperty surveyed 151 and certified by a registered Florida Survoyor, Ifthe survey disclosas encroachments on tho real property or thal Improvements lacaled thereon 152 encroach on selback lines. @asamanis, lands of athor 8 or violate any restrictions, Contract Covenanis or applicable governmen!al regulation, the 133° 6ame shali constilule a litle defect 154 0, TERMITES/WOOD DESTROYING ORGANISMS: Buyer, al Buyer's ex 1S5 Property inspectad by @ Florida Cortified Past Controt Oparator (Operator’) to determine if there is any visible active ¢ Buyor shal! have 4 days (rom dale of wt 156 visible damage from termite infestation, excluding fences. If elther or both are found, 157 within which lo have cost of Meaimont, i required, estimatad by t Operator and all damaga inspacte 2 Tatod by a ns doroy 188 goneral contractor, Selier shall pay valid costs of treatmont a pair of ail damage wt TH ohana in Parageaph XIN (a). 1 159 estimated costs exceod that amount Guyer shail Nave the saemetramceling this Contract within § days afler receipt of coatracto:’s repalr 360 ostimato by giving written pot the transaction, and receive a credit at closing on the ameunt provided praph Xitt(a) teoying organisms required to be reported undar the Ficsida Pest Atrot Act, as amended 163 E.INGRESS AND EGRESS: Soller w . 184 os doscrided in Paragraph V1l horeol, title to which is in accordance with Slandard AL 165 F. LEASES: Soller Bhall, nol lass than 15 Gays before closing, furnish to Buyer copios of all written leases and octoppot lotters trom each 166 lenani gpecifying ihe nature ang duration of the tenant's Occupancy, rental rates, advenced rent and security deposil paid by lenant. If Seller is 167 unable to obtain such letter fram each tenant, the same information shall be furnished by Soller aad Buyer within that time pericd in the form ofa 168 Seller's affidavit, ang Buyer may theroafler contact tenant Co contitm sucn information Soller shat, at Closing, deliver and assign ail original 169 leases to Buya: 170 G. LIENS: Sefer shall furnish to Buyer at time of closing an affiday 171 financing slatemont, claims of tion or potential licnors known to Seller 172 the real Property for 99 days immediately precoding cate of closing. If tne rea! Property has baon Impravad or fepowed wilhin thal time, Salter 173 shail delivar reigases of waivers af construction lens exacuted by all genoral Comractors, subcontractors, Supphors and maleria‘mon in addition 174 1o Seller's lier alfidavil setting forth the Names of all such general Contractors, subcontractors, suppliers ond matariolman, further affirming that 128 all charges tor imarovemonts or repuirs which Gould serve as u basis for a construction lien or a claim tor Camages have Leon pure of wili be paid Ponsa, within the timo allowed ta duliver evicence of title, may have the i ¢ Infestation uyer moy elect to proceed with armites” shall bo deamed lo includo all wood des arrants and represents that thore is ingress and egrets to tho rea! Properly sulficient fos tts intonded use it attesting lo the absence, untess olnerwise provided for herein, of any ond further attesting thot thare have beon no improvements or fepairs lo i76 al the chasing of this Contract 177 H. PLACE OF CLOSING: Closing chai! bo held in tho county wharuvin tne real proporty 1s located at (he office of tho eitomey or other closing 178 agent (“Closing Agent”) designated by Selle: 179 FT, TIME: ta computing ume periods of less than six (6) cays, Salurdaye, Sundays ong state or national 109 periods provided tor herein which shall end on a Saturday, Suncay, or a legal hatigay shall extand to § 00 Pp 481 the ossence in this Contract. 102 4. CLOSING DOCUMENTS: Seller shail turnish the de 183 leases, tenant arg mortgagee astoppal letters and corrective instruments sl holidays shall be exciuded Any time m. of the next business day, Timeis of ed, bill of sale, construction tien affidavil, owner's possession affidavit, assignments cf Buyer shall furnish closing statement, Mongage, mortg 184 socurily agroamen: ang financing stalements 185 K, EXPENSES: Documentary stamps on the decd and recording of correstive instruments shall be psrd by Seller Cocumentary stanzs and 16 intangivte tax cn the Purchase money martgage and ony morgage exaumed, merigages title insurance commitment! with re ated 5. and N87 tocording of purchase money morigage to Seller, deed and financing slatements shall be Paic by Buyer, Unless otherwise previdad Tithe examination, a1 following relatad title services, namely title or abstrost char 1€9 ano closing fea, shall ba paid ty the Party responsible for furnishing the title evidence in accordance with Paragraph V 180 L.PRORATIONS; CREDITS: Taxes, assessments, reat, interest, insurance and other expanses o' tne Property ghaii bo provated 191 day before Closing Buyer stall have the option cf tasing over existing pelictes of insura fassumatie. in which event p 132 prorates Cash at Closing shail be increased of decreasad as may be required by prorstions to be mace [ntough Gay prior tocie 193 if occupansy ¢ & before closing. Advance rent ane security deposits will be credited to Buyer. Escrow degosits netz by rm 'S4 Credilud to Sell Taxes shatibe prorated based on tho curren! year's tax with due silowence made for maximum allowstle d 185 and other exe cas Hl closing occurs al a date whon the current year's milage is not fixec and current year's aasassment is available te 158 fder te this Contract, charges for the 195 will be prorated Dased upon such assessment asd prict yoar's millage. If ‘year's assessment is not available, then taxed w Dbe peora $7 on prior year's tax If {here are completed improvements cn the real Property by January 161 of year cl cis ing, which Imeroveme*ts were notin eguitadlo assessment ts te agrees ‘year, (hen faxes shal! be prorated based usan Por year's millage a a ace to (he County Property Aspraiser {er an informa: fe shall, at request of either party, bs readjusted upon recep! cf tax existence cn January ist of er Upon betwaen the bariog: failing which, request! shal! be assessment taking inic a SO avoilette e smpiers A (ax pretation based on an esti Ol thar Byes mlicimatatfec: is signed a! clesing vy er ( ~ ) and Selter ( Zz J(___ dd acknowledge receipt of a copy of this page *RIBAR.§ Rov 6/93 COPYRIGHT 1998 THE FLORIDA BAR ANO YT FLORIOA A 1S form is ceased for use with Formulotar® Forms Sotware by ISG McAl 202 M. SPECIAL ASSESSMENT LIENS: Certifiod, confirmed and ratified special assessment liens as of date of closing (nel as of Effective Date) 203 are lobe paid by Seller, Pending liens as of date of closing shali be assumed dy Guyer. If the improvement has bean SuUSstantiolly completed ar 204 of Effective Date, any POnding lien shall be considered Certified. confirmed or ratifiad and Seller shall, al closing, be chargad an amount equal to 205 the isat estimate or assessment far the impravement by the public body. 206 N.INSPECTION, REPAIR AND MAINTENANCE: Sallor warrants that the cailing, roof (Including the fascia and Solfits) and axteriog ang $ (or equivalent) and dockage do not have any Visible Evidence of leaks, water damage or stryps, f amage 207 interior walls, foundation, seawall 208 and thal (ha seplic tank, pool, elf appliances, mechanical Stems, heating, cooling, electrical, plumbing systems and ma y ara in Working 209 Condition. The foregoing warranty shalt be fimited to the itams Specified untess otherwise pravided in an add Buyer may, at Buyer's 210 oxpense, have inspections made of those items within 20 days alter the Effective Dale, by @ firm or indiv| aepecializing in hama inspections | 211 ond holding an occupational license for such Purpose (if required) or by an appropriately licens orida contractor, and Buyer shats, prior 232 (a Buyers occupancy. bul not more than 20 days after Effective Date, report in writing to $ Such items that do nol mee! the above standards 213 as to defects. Unieass Buyer timely reports such defects, Buyer shal be deemed lobevS waived Sellers warranties aste cefects not reported. » Sel Rall cause them 1o be made and shall pay up to the amount 214 If repairs or replacements are required to comply with this Stanf 215 provided in Paragraph XIIN(d). Seller is not required to mako rapaire acoments of a Cosmetic Condition uniess caused by @ defect Sellar 216 15 responsible to repair or replaca, {f the cost for such repair orsediacement exceeds the amount provided in Paragraph Xtli (). Bayes and Sates 247 may elect to pay such excess. failing which either part 7 cancel this Contract, If Sallgris unable to correct (he defects prior to Closing, tha 216 cost thereol shail be paid Into escrow at closini “ier shall, upon reasonable notice, provide ulilities service and access t> the Property for 219 Intpections, including a walk-lhrough prior tet Osing. fo confirm tha! all items of Dersonal propetty are on the roa! property and. subject to the 220 forogoing, that all required repalts ans Placements heve been made and thal the Property, Including, but not limited te, lawn, shrubbery and pool, 221 if any. has been maintained intr Condition existing as of Effective Oate, ordinary wear and teor excepted. For purposes c! this Contract: (a) 222 “Working Condition" m = operating in the manner in which the lem was designed lo Operate; (b) “Cosmetic Condition” Means aesthetic 223 importactions thar not affect the working condition of the item, including. but not limited ta: pitted marcite: MISSING OF Lora screens: fogged 224 windows: te WON SPOLS. OF discoloration af floor covarings, Mall holes, scratches, dents, Scrapes. chips or 225 caulking-+Ceilings, walls, ftocrings, fixtures, or miftors; and miner cracks In feers, tiles, windows, driveways, sidewatks, or pool decks; and (c) Kad roa! tiles, curling or worn shingles, or limited 100! life Shall not be considerad defects Seller must repait o1 replace, sc tong as tnere is no Zar“nvidence of actual leaks or leakage or Structrual damage, but missing tiles will be Seller's responsibility to roplace or tepair, 228 O.RISK OF LOSS: If the Property is damaged by fire or other Casualty before closing and cost of festoration dows not exceed 3% of the 229 assessed valuation of the Property so damaged, cost of restoration shall be an abligalion of Sellar ang clasing shali proceed Pursuant to the 239 terms of this Contract with restoration costs escrowed al closing. If the cost Of restoration exceeds 3% of the assessed valuation of the 231 Property so damaged, Buyer shall havo tho option of either tuking tha Property as is, together with eliher the 3% or any insurance Proceeds 232 payable by virtue of such loss or damage, or of canceling this Contract and faceiving return of the doposit(s), 233 P.PROCEEOS OF SALE; CLOSING PROCEDURE: The dood shail 224 furnished, evidence of title sholl bo continued at Buyer's expense to show litle in Buyer, without any encumbrances os change which would render 235 Sollar's litle unmarketabio from the date of the lasi evidenco. All closing proceeds shall be holdin eacrow by Seller's atlorney of other mutually 236 acceplable exscraw agent for a period of not more than § days afler closing date. |f Sellor's title Is rondered unmorkatsble, Irrough no faut of 237 Buyer, Duyor shall, within the i 30 days trom date of receipt of such 238 notification to cure the Gefoct. If Satler falls to timely cure the defect, all doposit(s) and closing funds shall, upon written demand by Buyer and 239 within 5 days aller demand, be Buyer shall return the personal ciozesly, vacate the 249 foal property and raconvay Ilha P . U Buyer fais lo make timaly demand {sr refund, Buyer 241 shall take tille as is, waiving all rights against Seller as to any intervening defect (fan abstract ef title has been 2¢3 cf the lending Institution as to place, time of day ane procaduros for 244 cantrory provision in this Contract. Seller shall have 745 withhold disbursement of Mortgage proceads as a result of any litle defect attributable to Buyer mortgagor, The escrow and closing procedure 248 required by this Standard shall be waived if the lille agent insuros adverse matters pursuant lo Section 627.7341, FS. as amonced 247 0. ESCROW Any e@ocrow ogent ("Agent") receiving funds or oguivate'nt is authorized and agrees by acceptance of them te deposil them 248 promptly, hold same tn escrow and, subject to clearance, disburse them in accordance with terms and conditions of this Contract. Failure of fhes under the provisions of this Contract, Agent 245 funds to clear snall nat oxeuse Buyore performance. If in dou 250 may, al Agent's eption, 251 of a court ofc Hlution a written commitmen: that It will not Ss Agent hereunder, erin any GC costs incurrad with those valent aad charged and awarded a3 court Coss in favor of the Prevailing parly The fo Buyer or Seller of items Subject to the escrow, unless Such misselivery is due to 54 Cnapter 47s. F.8, 2550 suit wherin Agent interplaads the Subject matter of the os 258 willful breach of the FrOvISiONS of this Contract of gress nogligance cf Agent 255 RL ATTORNEY'S FEES: COSTS: In any Htigation, including breach, enlarcement OF Interpretation, arising out of this Contras: 260 party in euch ligation, which. for Pusbosos of Inis Standard, shaii include Seller, Buyer end any brokers ucting In age 261 folationsmips authorized by Chapter 475. F.S., as amended, shall be entitled to recover from the MON-prevailing party reasonat! 262 costs anc exponses 263 3. FAILURE OF PERFORMANCE: I Buyer fails to perform this Contract within the time Specified, including payment of ali deposits, the £54 deposil(s) paid by Buyer ang Ceposil(s) agroed (o bo paid, may be recaverud ang retained by and for the account of Seller ax agreed upon 255 liquidated damages, concidera! full setslemant of any claims: whereupon, Buyer ang Seller shall be ton for (he execution of this Contract and inf 265 rolieved of ait obligations under this Controct; or Seller, at Setters Oplion, may proceedin equity 10 enforce Seller's rights under tris Contract, If eE7 for any reason other than failure of Selle: 1o make Soller's title marketable alte: ciligent effort, Seller fails, neglects or‘refuses to perform this 268 Contract, Buyer may seek Specific parfermance or elect to fecoive (he return ef Buyer's Ceposit(s) withoul therasy waiving an y action ter damages resutting from Seller's breach T. CONTRACT NOT RECORDABLE; PERSONS BOUND; NOTICE: Neither this Contract nor any notice of it fecores This Contract shall pind and Inura to (he bene! of the Partes acc (heir successors in interest Whenever the contuy shall include glia; an one gender snail include afl Notice given by or to the attarney for any patty shell be as effective as if ¢ ven ty or party, U. CONVEYANCE: Salter thall convey title to the real Properly by statuisty warranty \rustee's, persona! fepresentati cf Soller, subject only to matiers contained in Favagraph Vit aad Ihose ctherwise accepted by Buyer, Vwartaaty of title, subject only to such matters as the prevailing or nonagency athorney’s fees, shall be recergez in any public rmits, singular. that s org. essa! greperty be ciherwise 2 Bepronriate to tne stat z Sheil, at tho requves: cf Guyer, te transferred by an adsolute bill of ale with 2 Provided for hergin evS V. OTHER AGREEMENTS: No pricr or present agreements or raprosentations shall be binding upon Buyer or Selle 279° Contract. No moateaion to or change in this Centract shall be valid o: ading uronthe parties unless in writing and execul 2 i unless Bree intendes te bs bound by it ts that there are no ta which have ne! been disclosed t t ng tne vatue of the Property whic a-e net readily ay W. WARRAKTY: § ctservable by oye LPS AMS Ree ergs COPYRIGRT 1992 THE FLORIOA BAR AND THE FLORIOA A known lo Sale: materially affect; y Buyer. } and Sallar ( ft V¢ Jacknowledge receipt of a copy of this page, Bob:aah iad! 3 form is heansee fer ese with Formuteator™ Forms S$ 264 265 266 267 268 269 270 27) 272 273 274 275 276 277 278 279 280 28 282 Buyer FARIDAR-S Rev, 198 This ¢ M. SPECIAL ASSESSMENT LIENS: Certified, confirmed and ratified special assessment lens as ef dale of Closing {not as of Effective Date) are 10 be paid by Seller, Pending liens ay of cate of closing shall be sssumed by Buyer, If the improvement has been Substantially completed ac of Effective Oate, any pending lien shall be conaldered certified, contirmad or ratified and Seller shail, at cfosing, be charged an amount equal ta the fast exlimate or assessmant for {ha improvement by the public body. N.INSPECTION, REPAIR AND MAINTENANCE: Sellar warrants thal intertor walla, the calling, roof (Including the fascia and Sellits) and exterign and ¢aks, water damage or afr: Cameco aical Wema, hesting, cooling, etactrical, plumbing systems end machi 7 are in Working o the items specified unless otherwise provided in an ad 7 Buyer may, at Buyer's n 20 days aller tha Effective Data, by o firm or Individue "pecializing in hame inspections se (if required) or by an appifoprialely ticen Torida contractor, and Buyor shall, prior t Effective Dats, report in writing to SetterZuch items thal do mol meet the adove standards be deamed to bev® walved Selicr's warranties as te defects not rapered Weorepairs or reptacements are fequired to comply with this Stan . Sal Fall cause thom to be made and shali Pay up to the emount provided In Paragraph XUE(b). Sellar is not required 1o make fepaires acements of a Cosmetic Condition unless caused by a dolacl Selier Is responsible to repair or replace. If the cosl for such repalr a tacemant exceoda {he amount provided in Paragraph Xill(b), Buyer and Saller may elect (o pay such excess, failing which either pariy, cosl thereo! shail ba paid into ascrow at closin Siler shalt, Inspections, Including a walk-\Rrough prior tetTosing, foragaing, thal alt roquired repairs on if any, has been maintained j “Working Condition” m as to dafacts. Unless Buyor timaly reports such defects, Buyer shajl ear and fear excepted. For purposes of this Contract: (a) ed {0 oporate; (b) “Cosmetic Condition” moans aesthetic including, but not limited to: pitted Marcite, missing ef torn screens: fogged wollpaper, or window treatments: nall holes, scratches, cents, scrapes, chips or tiles, windows, driveways, sidewalks, or pocl dacks: and {c) ited rool life shall not be considered defects Sellos must repair of tepiace, so bong as thorois no go or slructrual damage, bul missing tiles will be Setter's Tesponsibility to roplace of rap ing and coal of restoration does not exceod 3% of the O.RISK OF LOSS: If tho Property is damaged by fire of other Casualty before clos @eeod valuation of the Property so damaged, cost of restoration shall be an obligation of Seller and Closing shall proceed pursuant to tne forms of this Contract with fastotation costs escrowed at closing. If (he cost of restoration exceeds 3% of the assessed valuation of the Property so damaged. Buyer shall have tho option of elthar taking tho Property as is, logather wit payable by virtue of such loss of damage, of of canceling this Contract and faceiving return of the daposil(s), P. PROCEEDS OF SALE: CLOSING PROCEDURE: The deed shall furnishad, evidence of {Itle shall bo continued at Buyer's expense to show lille In Buyer, without any encumbrances or change which would rendar Saller's litle unmarketabdie from the dale of the las! evidence. All closing proceeds shall be held in escrow by Sellar's allornay or other mutuahy Ss rondered unmarkelabdie, IRrough no fault of acceptable escrow agent for a perlod of not more (han § days after closing date. If Sallor's title | and Sellor shall have 30 days from ents of receip! of such Guyer, Duyer shall, within the 5-day pariod, nolify Seller in wriling of the defect notification lo cure the defact, If Soller fails 10 timely cura the defect, all daposit(s) and closing funds shail, upon written demand by Buyer end within 5 days afler demand, be rotutned to Buyer and, simullaneously with such fopayment, Buyor shall return tha personal property, vacate the teal property and racanvey tho Property to Soller by spacial warranty dead and bili of sate. Mf Buyer fails to make fimoly demand fer refund, Buyer ahall take fitle as is, waiving all rights mgainst Seller as to any intervening defect except a9 may be available to Guyer by wirtue of warranties Contained in the dood or bill of sale. If @ porlion of the purchase price {s 10 be dorived from institutional financing af refinancing, roquirements of (he lending Insfilution as to ploce, tIma of day and procedures for closing, and for disbursement of mortgage proceeds shall control over contrary provision in this Contract. Setter shail have {he tight to require trom the lending Inctitution a writtan commiument Ihat lt wilt net withhold disbursement of mertgage procoods ax a resuil of any tille defect attributable (o Buy or momtgagor, The escrow and Closing procedure required by this Standard shall te walvod if (he Hie agent Insuros advarse mattors puravant to Section 627.7041, F.S.. as amended, Q, ESCROW: Any sectow agent ("Agent") receiving funds or equivalent is authored and agrees by acceptance of them to deposit them promplly, hold same in escrow and, Subject to clearance, diaburse thom in accordance With larms and conditions of (his Contract, Falluro of funds to Clear shall no! axcuso Buyor's performange. If in doubt as tu Agent's duitos or Wadilitias under tho Provisions of this Cantract, Agent may, at Agent's option, continue to hold the subject mattor of the escrow until the parties horato agree lo its disbursement or unUll @ judgement of a court of Compotont jurisdiction ‘shall dotorming the rights of the partios, of Agent may deposi! same with tne clerk of Ine clrcui! court having Juriediction of the dispule. Upon notilying all parties concerned of Such action, all liability on the part of Agent shall fully terminate, excapt lo the extent of accounting for ony Homs previously delivered out of escrow, If a licensed real ostale broker, Agont will comply wilh provisions of Chopter 475, F.S.. a3 amended, Any sull between Bu fly because of acting us Agent heraunder, or in any sull whoetin Agant interpleads the subjoct matier of the escrow, Agent shall recover reasonable atlormey’s fees and casts incurred with Ihese amounts to be paid from and out of the escrowed funds or equivalont and Charged and awarded as count COSt9 in favor of the prevailing parly The Agent shail nat bo liabie lo any party ar person tor misdolivory 10 Duyer or Soller of Items subject to the escron. unlees misdelivary is due to willful breach of the provisions of this Contract or grazs nogligonce ef Agent, R. ATTORNEY'S FEES: COSTS: In any litigation, including braach, enforcemont or interpretation, arisin parly in auch litigation, which, Sor purposes of this Standard, shall include Seller, Buyer and any brokwrs uc folationships authorized by Chapter 475, F S., a8 amanded, shall be entitied 10 facover from the non-provailing party reasonable allorney's fees, costs and expenses S. FAILURE OF PERFORMANCE: If Buyer fails Geposil(s) peid by Buyer and deposil(s) agreed to be paid, ma G oul of this Contract, the prevailing ting Im BSoncy of nonagency (a porform thls Contract within the time Specified, Including payment of at! deposits. lhe y be recovered and retained by and tor (he account ct Seller a3 agreed upen Niquidated damages, contidaration for the execulion of Ihlas Contract and in full seivemant of any claims: whereugan Buye: and Seller shail be tolieved of all obligations under this Contract; or Seller, at Seller's option, may proceed in equity lo enforce Seller's sights unger this Contract. If for any featon other than failure of Soller to muke Solles's litle markotadle after diligent effort, Seller fais, megiects or reluses lo perform thls Contract, Buyer may seek Specific portormance or elect to receive the return of Buyer's depesit(s) without theraby weving any action ter damages rasulting from Selter's breach, T. CONTRACT NOT RECORDA LE; PERSONS BOUND; NOTICE: Neither this Contract nor any nouce of ll sha Tecords. Thts Contract shall bind and inuro to the benoltt of the parties and their euccersorsinintares!. Wheneve:! tholl inctude plural and one gender snali include atl Notice given by orto the atlorney for any party shali be as effective es if given by orto that Ibe retorged in any public he context permits, singular ive's co guardian's coed, at party, U. CONVEYANCE: Salle chall convey title tothe roal properly by sselulory warranty, {rustea'’s, persona! reproyes, appropriate to the status cf Soller, sub only to matters contained in Paragraph Vil and those otherwise accepted by Beye: Personal proporty thall, at tho request cf Buyer, be transfeciod by an absolute bill of pale with w matiors as may te otherwise provided for herein V. OTHER AGREEMENTS: No Frior or present agreements ar reprosentations shall be binding upor Buyer er Seiler un Contract. NO modificatien to ar change in this Contract sna be vaiid or binding uson tne parties unless ia writing and ex parties Intended te bot aby it W. WARRANTY: Selier warrants thal there are ne facts known to Seller materially a cbsgrvable by Buyer or which have nol been disclosed to Buy er 7S arranty ef title, sutjact only te such ec in this € party o- by?! Hociing {ha vaiue of the Properly wr:ch ave not readily and Seiler ( yt ) acknowledge receipt of a copy of thia page. Pp Y ATION OF REA COPYRIGHT 1996 THE FLORIDA BAR AND THE FLORIDA ASSOC] orm is licensee fer use wih Formulator” Forms Software by ISG MeAllieier Publiahing, Inc. <856-836-199%.. 1 Addendum _ rn So Concerning the property known as __ A009 Greenbriar Drive, Brandon, €L_ 3351) 1,_Seller_salls_property "as-is" with no warranty of property conditions. Sellar | acquired this Property through a foreclosure or dcistressad sale, aller has not resided therain and makes no xreprasentations to Buyer or hig agents as to the _ oo. condition of the subject property. .Buyer acknowledges and abreas that _he or she is. . purchasing the property onan "as-is" basis and based on his or her own inspection . investigation, and evaluation thereof. Buyer is not relying upon any representations of Seller or Seller's agents to investigate and report on the condition of the a property._. Accordingly, paragraphs Dand N of the purchase agreement have been deleted. vee neeeee 2 eller disclaims all Warranties, reprasentations, or guarantees either expressed . impli dg, or statu Ory, gither written or varbal and is not_responsible nor has_any vee obligation to complete walk-through or pick-up work in the property, other than as . agreed in th Purchase agreement, fe is_no_con be, retained _by Seller as agreed upon liquidated damages should the Buyer. ontract as agreed on tingency for financing in this purchase agreement, Any down payment . it Llane = eee 2229/00 Signatures Date Seller-World Outreach coc Signature DD 4 ae Qal = nee 2A29L09 Signdture Buyer- Date Signature Date =x, —. 2“ : “his form preduced by Formulator ™ Forms Software 800-336-1027 i . { . wenn mw PAUL STUBLE 01-82 4 | 2820 78TH STN me NREL a4 $7. PETERSBURG 7 ge BURG, FL 33702 ‘2 ~ 63-219/621 < q Ges Date BRANCH 95202 Pay to the i. : \ y 1s 90? SouthTrust Pes BE Banks For “HMOEFtOGL3I0n Ge Bik GORI * PRA RRS T90T OWL heel veal J oof PAUL STUBLE 01-92 3530 16TH N. sts PETERSBURG, eu omer 3S ver 419 4 ee an, - Pay to the |] order.g gS ; 600 00 OZ22Z500 pottars -Southtrust NO Soe Banks baa CDinars Or oe kaerl ur) Sal Ie 2 Bhi GOGm iG ooo0g0 1.00000" mog3todk3sor CHAR ANO 100 EXh.lo 40

Docket for Case No: 03-000212PL