STATE OF FLORIDA Ope, $ by DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATE on “95 FLORIDA REAL ESTATE COMMISSION ‘ fea NG LL Jee FLORIDA DEPARTMENT OF BUSINESS . AND PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, Petitioner, 0D i : O q ae, vs. FDBPR Case N° 200083498 200181878 SHARON WILF AND SHARON L. 2002006095 WILF PARADISE PROPERTIES, INC. 200083499 200181879 2002006097 Respondents. / ADMINISTRATIVE COMPLAINT State of Florida, Department of Business and Professional Regulation, Division of Real Estate (“Petitioner”) files this Administrative Complaint against Sharon Wilf and Sharon L. Wilf Paradise Properties, Inc. (“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 Sharon Wilf is and was at all times material hereto a licensed Florida real estate broker, issued license number 547485 in accordance with Chapter 475 of the Florida Statutes. The last license issued was as an active broker at Sharon L. Wilf Paradise Properties, Inc., P.O. Box FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint 1260, Destin, Florida 32541-1260. 3. Respondent Sharon L. Wilf Paradise Properties, Inc. (Paradise Properties) is and was at all times material hereto a corporation registered as a Florida real estate broker having been issued license number 1006378 in accordance with Chapter 475 of the Florida Statutes. The last license issued was at the address of P. O. Box 1260, Destin, Florida 32541-1260. 4. Atail times material hereto, Respondent Sharon L. Wilf (Wilf) was licensed and operating as qualifying broker and officer of Respondent Paradise Properties, Inc. * ALLEGATIONS RELATING TO DBPR CASE NUMBERS 200083498 AND 200083499 5. Petitioner realleges and incorporates paragraphs one (1) through four (4) above. 6. On or about December 5, 2000, and pursuant to an official investigation, Petitioner’s investigator scheduled interviews with Petitioner Wilf and other persons employed with Respondent Paradise Properties. 7. At the time Petitioner’s investigator scheduled the interviews, the investigator informed Respondents that she would also conduct an office inspection and escrow audit on or about February 22, 2001. 8. Several days prior to the scheduled date, Respondent Wilf contacted Petitioner’s investigator, stating that Respondent Wilf was leaving Florida and would contact Petitioner’s investigator upon her return. 9. Respondent Wilf failed or refused to contact Petitioner’s investigator until on or about FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint April 5, 2001. 10. On or about April 5, 2001, Petitioner’s investigator contacted the Respondent’s offices and made an appointment to conduct the office inspection and escrow audit on April 12, 2001. 11. On or about April 12, 2001, Petitioner’s investigator met with Respondents’ offices and requested that Respondents’ bank statements, checkbooks and reconciliation statements be made available so that she could conduct an audit. A copy of the written request is attached hereto and incorporated herein as Administrative Complaint Exhibit 1. 12. Respondent Wilf stated to Petitioner’s investigator that the requested records were not located at the offices, were with Respondents’ bookkeeper, and that because Respondent Wilf was very busy, the audit would have to be scheduled. for another date. 13. Petitioner’s investigator made another appointment with Respondents for April 18, 2001. 14. On the evening prior to the scheduled appointment, Respondent Wilf left a message for Petitioner’s investigator that Respondent Wilf was again unable to meet as scheduled. 15. Petitioner’s investigator contacted Respondent Wilf on May 2, 2001, and scheduled another appointment for May 8, 2001, to audit Respondents’ escrow accounts. 16. On Sunday, May 6, 2001, Respondent Wilf left a message for Petitioner’s investigator, stating that Respondent Wilf was leaving the state on the next day, that she would be away for two weeks, and would call Petitioner’s investigator upon her return. 17. On May 7, 2001, Petitioner’s investigator left a message for Respondent Paradise FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint Properties informing its staff that she would conduct the audit as scheduled on the next day and requested the information she previously requested on April 12, 2001. 18. Neither Respondent contacted Petitioner’s investigator regarding the message. 19. On May 7, 2001, Petitioner’s investigator contacted Respondents’ office, again requested the information she previously requested on April 12, 2001, and stated the fact that she would conduct the audit on the next day. 20. Respondents’ office requested that Petitioner’s investigator leave a message so that the office manager could return her call. 21. On May 7, 2001, Petitioner’s investigator again contacted Respondents’ office and asked to speak to the office manager. 22. Respondent Wilf answered Petitioner investigator’s call. 23. Petitioner’s investigator stated the fact that she would conduct the audit on the next day and stated that the audit contained the information that she previously requested on several occasions. 24. Respondent Wilf indicated to Petitioner’s investigator that she would prefer that Respondent Wilf be present for the audit, but agreed to allow the audit the next day without her presence. 25. On May 7, 2001, late in the evening, Respondent Wilf left a message for Petitioner’s investigator stating that she did not want the audit to take place without her being present, stated that FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint she would return to the city in two weeks, and left information for a new appointment date and time to meet Petitioner’s investigator. 26. Respondent Wilf reiterated this information in a facsimile sent to Petitioner’s investigator. A copy of the facsimile is attached hereto and incorporated herein as Administrative Complaint Exhibit 2. 27. On or about May 8, 2001, Respondents forwarded some of the information Petitioner’s investigator requested on April 12, 2002. 28. Respondents failed to forward or explain the reasons for not forwarding all of the requested information. 29. Ina letter dated May 11, 2001, Petitioner’s investigator informed Respondents that she was making a final attempt to conduct audit and inspect Respondents and requested that Respondents choose one of the proffered dates and times. A copy of the letter is attached hereto and incorporated herein as Administrative Complaint Exhibit 3. 30. On or about May 24 and 29, 2001, Petitioner’s investigator met with Respondents to conduct the office inspection and escrow audit. COUNT I Based upon the foregoing, Respondent Sharon Wilf is guilty of having obstructed or hindered in any manner the enforcement of Chapter 475, Florida Statutes or the performance of any lawful duty by any person acting under the authority of Chapter 475, Florida Statutes in violation of Section FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint 475.42(1)(i), Florida Statutes and, therefore, in violation of Section 475.25(1)(e), Florida Statutes. COUNT II Based upon the foregoing, Respondent Sharon L. Wilf Paradise Properties, Inc. is guilty of having obstructed or hindered in any manner the enforcement of Chapter 475, Florida Statutes or the performance of any lawful duty by any person acting under the authority of Chapter 475, Florida Statutes in violation of Section 475.42(1)(i), Florida Statutes and, therefore, in violation of Section 475 .25(1)(e), Florida Statutes. ALLEGATIONS RELATING TO DBPR CASE NUMBERS 200181878 AND 200181879 32. Petitioner realleges and incorporates paragraphs one (1) through four (4) above. 33. On or about May 29, 2001, Petitioner’s investigator conducted the office inspection and escrow audit that revealed that Respondent Paradise Properties’ escrow account contained an overage of $1,164.63. A copy of the audit form is attached hereto and incorporated herein as Administrative Complaint Exhibit 4. 34. From in or around February 2000 through in or around March 2001, Respondents deposited commission checks in both Respondents’ escrow and office operating accounts. 35. Respondent Paradise Properties’ escrow account monthly reconciliation statements for February 2000, April 2000, May 2000, July 2000, September 2000, October 2000, November 2000, and March 2001, each indicated a shortage in the escrow account in the amounts of $14,096.40, $26,381.20, $137.28, $8,492.58, $5,443.05, $2,407.71, $1828.96, and $7,827.74, respectively. FDBPR vs Sharon Wilf FDBPR Case N* 200083498 Administrative Complaint Copies of the reconciliation statements are attached hereto and incorporated herein as Administrative Complaint Composite Exhibit 5. 36. Respondent Wilf failed to properly reconcile the escrow account for the months of April 2000, May 2000, July 2000, and March 2001, in that the actual shortages to the account were in the amounts of $32,231.10, $48,237.28, $28,205.28, and $1,728.57, respectively. 37. Respondents failed to explain or adjust the escrow account for the shortages that occurred in April 2000, May 2000, July 2000, September 2000, October 2000, and March 2001. 38. The monthly reconciliation statements for February 2000 and November 2000 indicate that the resultant shortages occurred because Respondents “overpaid commissions.” 39. The February 2000 monthly reconciliation statement, Respondent Wilf explains that she “tnadvertently wrote [two] commission [checks] in the amount of $14,510.00.” 40. One of the two commission checks was check number 1485, in the amount of $8,325.00, and paid to the order of Respondent Paradise Properties. 41. Respondents failed to adjust the escrow account for the shortages that occurred in February 2000 and November 2000. 42. Respondent Paradise Properties’ escrow account monthly reconciliation statement for March 2000, June 2000, January 2001, and February 2001, each indicated an overage in the escrow account in the amounts of $1,849.90, $19,712.72, $3,452,13, and $9,556.31, respectively. Copies of the reconciliation statements are attached hereto and incorporated herein as Administrative FDBPR vs Sharon Wilf FDBPR Case N* 200083498 Administrative Complait Complaint Composite Exhibit 6. 43. Respondent Wilf failed to properly reconcile the escrow account for March 2000, in that the escrow account actually incurred a shortage in the amount of $31,650.10. 44. Respondents failed to explain or adjust the escrow account for the overages. 45, Respondent Wilf failed to complete the required monthly reconciliation statement for August 2000. 46. During the official investigation, Petitioner’s investigator determined that Respondents had previously been audited on February 14, 2000, which failed to reveal any problems with Respondent Paradise Properties’ escrow account. A copy of the audit form is attached hereto and incorporated herein as Administrative Complaint Exhibit 7. 47. On or about October 31, 2001, Petitioner’s investigator conducted a third office inspection and escrow audit of Respondents. 48. Respondent Paradise Properties’ escrow account monthly reconciliation statement for May 2001, and June 2001, each indicated a overage in the escrow account in the amount of $1,161.63, and $1,158.63, respectively. Copies of the reconciliation statements are attached hereto and incorporated herein as Administrative Complaint Composite Exhibit 8. 49. Respondents failed to explain or adjust the escrow account for the May 2001 overage. 50. On or about October 31, 2001, Petitioner’s investigator instructed Respondent Wilf on Chapter 61J2-14, Florida Administrative Code. FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint COUNT Ill Based upon the foregoing, Respondent Sharon Wilf is guilty of fraud, culpable negligence, or breach of trust in any business transaction in violation of Section 475.25(1)(b), Florida Statutes. COUNT IV Based upon the foregoing, Respondent Sharon Wilf is guilty of failure to properly prepare the required written monthly escrow statement-reconciliations including required minimum information in violation of Rule 61J2-14.012(2) and (3) of the Florida Administrative Code and is, therefore, in violation of Section 475.25(1)(e), Florida Statutes. COUNT V Based upon the foregoing, Respondent Sharon Wilf is guilty of depositing or intermingling personal funds with funds being held in escrow or trust or on condition in violation of Rule 61J2- 14.008(2) of the Florida Administrative Code and, therefore, in violation of Section 475.25(1)(e), Florida Statutes. COUNT VI Based upon the foregoing, Respondent Sharon L. Wilf Paradise Properties, Inc., is guilty of fraud, 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 Sharon L. Wilf Paradise Properties, Inc., is guilty of FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint depositing or intermingling personal funds with funds being held in escrow or trust or on condition in violation of Rule 61J2-14.008(2) of the Florida Administrative Code and, therefore, in violation of Section 475.25(1)(e), Florida Statutes. ALLEGATIONS RELATING TO DBPR CASE NUMBERS 2002006095 AND 2002006097 51. Petitioner realleges and incorporates paragraphs one (1) through four (4) above. 52. On or about August 22, 2002, Petitioner’s investigator conducted an office and inspection and escrow trust account audit of Respondents. 53. The investigation revealed a shortage of $1,557.43 in Respondent Paradise Properties’ escrow account. A copy of the audit form is attached hereto and incorporated herein as Administrative Complaint Exhibit 9. 54. Respondent Paradise Properties’ escrow account monthly reconciliation statements for January, 2002, March 2002, April 2002, May 2002, June 2002, and July 2002, each indicates a shortage in the escrow account in the amounts of $1,551.88, $2,544.43, $4,331.43, $1,553.43, $8,444.57, and $1,553.43, respectively. Copies of the reconciliation statements are attached hereto and incorporated herein as Administrative Complaint Composite Exhibit 10. 55. The monthly reconciliation statements for April 2002, June 2002, and July 2002, each failed to contain the required minimum information, in that there is no information regarding when Respondent Wilf performed each reconciliation. 56. Pursuant to the official investigation, Respondent Wilf admitted to Petitioner’s 10 FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint investigator that the shortages were the result of a “forced debit” on the escrow account that occurred in November 2001. 57. On or about September 21, 2001, Judge T. Patterson Maney, in the county court for Okaloosa County, Florida, entered a final default judgment against Respondent Paradise Properties in the amount of $12,951.33. A copy of the judgment is attached hereto and incorporated herein as Administrative Complaint Exhibit 11. 58. On or about November 19, 2001, the Deputy Clerk in the county court in and for Okaloosa County, Florida, issued a Writ of Garnishment to Compass Bank, notifying the bank of the judgment and ordering it to retain personal property in the amount of the judgment. A copy of the writ is attached hereto and incorporated herein as Administrative Complaint Exhibit 12. 59. Pursuant to the writ, on or about November 19, 2001, Compass Bank debited from Respondent Paradise Properties’ escrow account funds in the amounts of $25.00, $75.00, and $6,591.63. Copies of the debits are attached hereto and incorporated herein as Administrative Complaint Exhibit 13. 60. From on or about November 19, 2001, through August 23, 2002, Respondents failed to replace any of these funds. 61. On or about April 4, 2002, Respondents transferred $10,000.00 from the escrow account to Respondent Paradise Properties’ general operating account. A copy of the transfer is attached hereto and incorporated herein as Administrative Complaint Exhibit 14. FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint 62. Respondents failed to obtain proper authorization prior to transferring the escrowed funds. 63. From on or about April 4, 2002, through August 23, 2002, Respondents failed to replace any of these funds. 64, Between on or about August 6, 2002, and August 15, 2002, Respondent Wilf facilitated a real estate transaction relating to vacant land between a certain seller and certain buyers. A copy of the contract is attached hereto and incorporated herein as Administrative Complaint Exhibit 15. 65. Prior to facilitating the transaction, on or about July 17, 2002, the buyer facilitated a Brokerage Relationship Disclosure to effect Respondents’ representation of him in the real estate sales transaction. A copy of the disclosure. is attached hereto and incorporated herein as Administrative Complaint Exhibit 16. 66. On or about August 12, 2002, sellers facilitated a Brokerage Relationship Disclosure to effect Respondents’ representation of them in a real estate sales transaction. A copy of the disclosure is attached hereto and incorporated herein as Administrative Complaint Exhibit 17. 67. Pursuant to the official investigation, Respondent Wilf admitted to Petitioner’s investigator that she duplicated the sellers’ signatures from the disclosure and attached the signatures to the contract. 68. Respondents failed to inform the parties that Respondent Wilf duplicated the sellers’ signatures and affixed them to the contract. FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint 69. Respondents failed to obtain original signatures on the contract. 70. Pursuant to the official investigation, Petitioner’s investigator requested that Respondents produce copies of all monthly reconciliation statements from May 29, 2001, through August 19, 2002. 71. Respondent Wilf admitted to Petitioner’s investigator that she did not have any copies from in and around January 2002 through in and around March 2002. 72. From in and around January 2002 through in and around March 2002, Respondents facilitated a real estate transaction between Lutz Brockstedt (buyer) and Layton Stuart (seller). 73. Pursuant to the transaction, Respondents shared brokerage compensation with buyer. A copy of the check is attached hereto and incorporated herein as Administrative Complaint Exhibit 18. 74. Respondents failed to fully disclose to seller that they shared the brokerage compensation with buyer. COUNT VIII Based upon the foregoing, Respondent Sharon Wilf is guilty of fraud, misrepresentation, 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 IX Based upon the foregoing, Respondent Sharon Wilf is guilty of failure to maintain trust funds 13 FDBPR ys Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint in the real estate brokerage escrow bank account or some other proper depository until disbursement thereof was properly authorized in violation of Section 475.25(1)(k), Florida Statutes. COUNT X Based upon the foregoing, Respondent Sharon Wilf is guilty of failure to properly prepare the required written monthly escrow statement-reconciliations including the required minimum information in violation of Rule 61J2-14.012(2) and (3) of the Florida Administrative Code and is, therefore, in violation of Section 475.25(1)(e), Florida Statutes. COUNT XI Based upon the foregoing, Respondent Sharon Wilf is guilty of failure to comply with duties of the brokerage relationship of Section 475.278, Florida Statutes, and, therefore, is in violation of Section 475.25(1)(e), Florida Statutes. COUNT XII Based upon the foregoing, Respondent Sharon Wilf is guilty of failure to preserve and make available to the Petitioner, all books, records, and supporting documents and failed to keep an accurate account of all trust fund transactions in violation of Rule 61J2-14.012(1), Florida Administrative Code and Section 475.5015, Florida Statutes, and, therefore, in violation of Section 475.25(1)(e), the Florida Statutes. COUNT XIII Based upon the foregoing, Respondent Sharon Wilf is guilty of sharing a commission with, or 14 FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint patd a fee or other compensation to, a person not properly licensed as a broker, broker-salesperson, or salesperson under the laws of this state, for the referral of real estate business, clients, prospects, or customers, or for any one or more of the services set forth in Section 475.01(1)(c), Florida Statutes and, therefore, in violation of Section 475.25(1)(h), Florida Statutes. COUNT XIV Based upon the foregoing, Respondent Sharon L. Wilf Paradise Properties, Inc. is guilty of fraud, misrepresentation, concealment, false promises, false pretenses, 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 XV Based upon the foregoing, Respondent Sharon L. Wilf Paradise Properties, Inc is guilty of failure to maintain trust funds in the real estate brokerage escrow bank account or some other proper depository until disbursement thereof was properly authorized in violation of Section 475,.25(1)(k), Florida Statutes. COUNT XVI Based upon the foregoing, Respondent Sharon L. Wilf Paradise Properties, Inc. is guilty of failure to preserve and make available to the Petitioner, all books, records, and supporting documents and failed to keep an accurate account of all trust fund transactions in violation of Rule 61J2-14.012(1), Florida Administrative Code and Section 475.5015, Florida Statutes, and, 15 FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint therefore, in violation of Section 475.25(1)(e), the Florida Statutes. COUNT XVII Based upon the foregoing, Respondent Sharon L. Wilf Paradise Properties, Inc. is guilty of failure to comply with duties of the brokerage relationship of Section 475.278, Florida Statutes, and, therefore, is in violation of Section 475.25(1)(e), Florida Statutes. COUNT XVIII Based upon the foregoing, Respondent Sharon L. Wilf Paradise Properties, Inc. is guilty of sharing a commission with, or paid a fee or other compensation to, a person not properly licensed as a broker, broker-salesperson, or salesperson under the laws of this state, for the referral of real estate business, clients, prospects, or customers, or for any one or more of the services set forth in Section 475.01(1)(c), Florida Statutes and, therefore, in violation of Section 475.25(1)(h), 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, 16 FDBPR vs Sharon Wilf FDBPR Case N° 200083498 Administrative Complaint 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 Florida 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 ofa 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; 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 _20 day of WN perros , 2002. nt of Business and Proféssional Regulation By: Director, Division of Real Estate 17 FDBPR vs Sharon Wilf FDBPR Case N® 200083498 Administrative Complaint ATTORNEY FOR PETITIONER Stacy N. Robinson Pierce Florida Bar N° 0182796 Senior Attorney Department of Business and Professional Regulation, Legal Section - Suite N 802 Hurston Bldg. North Tower 400 West Robinson Street Orlando, Florida 32801-1772 (407) 481-5632 (407) 317-7260 FAX SRP/k PCP: HF/MV 11/02 NOTICE TO RESPONDENTS PLEASE BE ADVISED that mediation under Section 120.573, Florida 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, 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. 18 UNISON OI Xda Se.da | Case i mnvesigaisr Qiana L. Woods Panama City Gaacr Office oO Py a @ Zz ® a Q . Exhibit age et ZG ed S3TLwad0dd sstdvevd gecdcesace @z:€t 1887/80/50 —— Sharon £. CAN f- Faradise Properton J Sac. DAVE bhaeled 19 RED ENEY Khoi BU y fof I” peat Died % Moe ae ah t Me Le f& A Soe op T0 ihe We ZT GEA FA VOL op Wie pacdld ye Teed fi ol. | TOU, - haut foe pat Lib ilk lie ADMINISTRATIVE COMPLAINT EXHIBIT # PAGE ___/ ——. OF ————— 215 Rlountain Drive, Surte 106 Phone: hin, ! Free: 1-648-538-1988 Exhibit JY Fepggh0- PRT" DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION Jeb Bush, Governor . Kim Binkley_Seyer, Seeretary May 11, 2001 Sharon L. Wilf 215 Mountain Drive, Suite 104 Destin, Florida Dear Ms. Wilf. Upon receipt of your facsimile stating that you refuse to make your books available for audit and inspection contact was made with Chief Attorney Nancy Campiglia of the Division of Real Estate. Under the advice of Chief Attomey Campiglia this will be the final attempt by the department to allow you the opportunity to cooperate with the audit and inspection of your records as well as providing the requested documents related to the investigation. Please choose one of the following dates and its associated time and contact this office with your choice. May 23, 2001 10:00 a.m. May 24, 200 10:00 a.m. May 25, 2001 10:00 a.m. Please call the following number with your choice: (850) 233-5098. Sincerely, Diana L. Woods Investigations Specialist Bureau of Enforcement ADMINISTRATIVE COMPLAINT. EXHIBIT i PAGE l OF ———— DIVISION OF REAL ESTATE Bureau of Enforcement « 7944 Front Beach Road * Panama City Beach, FL 32407-4317 (850) 233-5095 ¢ TDD } (800) 955-8771 © FAX (850)233-3093 www. MyFlorida.com 4 Exhibit << Page /// FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGLLATION DIVISION OF REAL ESTATE OFFICE INSPECTION & ESCROW/TRUST ACCOUNT AUDIT FORM NAME OF BROKERAGE LICENSE # OF BROKERAGE PHONE NUMBER Sharon L. Wilf, Reeadise Feo erties, Tne °2 1004378 C850) 837-/988 STREET ADDRESS 4 CITY COUNTY ZIP US Mousa Dawe *soy Destin Okaloosa FAs¢/ OFFICE (RULE 61J2-10.022 & .023) REQUIRED OFFICE SIGN (RULE 61J2-10.024) AGENCY OR TRANSACTION BROKER DISCLOSURE (RULE 6152-10.036 & .037) STATEMENT RECONCILIATIONS (RULE 61J2-14,012 SALES: TOTAL TRUST LIABILITY 8 7000 RECON, BANK BALANCE EL of (SHORTOVER)AMOUNT A Lf +, SECURITY DEPOSIT: TOTAL TRUST LIABILITY RECON BANK BALANCE (SHORT/OVER) AMOUNT RENTAL DISTRIBUTION: TOTAL TRUST LIABILIT RECON BANK BALANCE { HEREBY CERTIFY THAT TO THE BEST OF MY KNOWLEDGE ALL RECORDS PERTAINING TO MY SALES ESCROW/TRUST ACCOUNT(S) AND MY RENTAL PROPERTY MANAGEMENT ACCOUNT(S) HAVE BEEN PROVIDED TO THE INVESTIGATOR. THE ABOVE VIOLATIONS WERE BROUGHT TO MY ATTENTION THIS DA D THOROUGHLY EXP’ ff WH CORRECTIVE ACTION WITHIN DAYS AND PROVIDE DBPR WITH PHOTOS, SKETCHES AND. ctand there Lom AE Zo [S89-0/. OF S808ER oare MOWATURE OF DIVESTIGATON COMPUTER ¢ CITATION ISSUED YES (AD #: COMPLAINT pockeren(E9)No # 201 Be TE 2.1 E187 F NOTICE OF NONCOMPLIANCE YES &) Pursuant to s. 455.225 (3), F.S., the Commission sets forth rules which are considered minor violations for which the DBPR shall provide a licensee with a notice of noncompliance.. A violation of a cule is considered minor violation if it does not result in economic or physical barm to a person or adversely affect the public health, safety, or welfare or create a significsat fo! Unrest of such harm. The. one ce shall if 0 . VIOLATION: , oe aciaiaaaiehaa oi err tit = BIT # CORRECTIVE ACTION: EXHIBIT # —____ PAGE LO OF Dewan os yhorwrmnp once veewnpg poco exnivt Page _/0_ FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION DIVISION OF REAL ESTATE OFFICE INSPECTION & ESCROW/TRUST ACCOUNT AUDIT FORM QF BRO gel st NAME_O; BROKER LICENSE # BROKER LICENSE # LICENSE # OF BROKERAGE PHONE NUMBER CQ NAME OF BROKERAGE i wot Book dtise a; 1 : es : Dia ae Av Bae Moe) GRA 8 ODE, é STREET ADDRESS ony 4 f ar) , > AIS PDT hte Deiwd ded Westin OFFICE (RULE 61J2-10.022 & .023) REQUIRED OFFICE SIGN (RULE 61J2-10.024) AGENCY OR TRANSACTION BROKER DISCLOSURE (RULE 61J2-10.036 & .037) STATEMENT RECONCILIATIONS (RULE 61J2-14.012) SALES: TOTAL TRUST LIABILITY t ZOO’ 7 RECON. BANK BALANCE OL it re (SHORT(OVERYAMOUNT LLadt SECURITY DEPOSIT; TOTAL TRUST LIABILITY ” RECON BANK BALANCE (SHORT/OVER) AMOUNT RENTAL DISTRIBUTION: TOTAL TRUST waar S RECON BANK BALANCE | HEREBY CERTIFY THAT TO THE BEST OF MY KNOWLEDGE ALL RECORDS PERTAINING TO MY SALES ESCROW/TRUST ACCOUNT(S) AND MY RENTAL PROPERTY MANAGEMENT ACCOUNT(S) HAVE BEEN PROVIDED TO THE INVESTIGATOR. THE ABOVE VIOLATIONS WERE BROUGHT TO MY ATTENTION THIS ATE“AND THOROUGHLY EXPLAINED.+ I WILL TAKE CORRECTIVE ACTION WITHIN DAYS AND PROVIDE DBPR WITH PHOTOS, SKETCHES AND D Doc ATION QF TRE CORRECTIVE ACTION TAKEN. Ne ALA: Wi. ad a AUONATUAE OF ISVESTIGATOR / ComryTins = OATE. q oe |< soy SSORATURE GF BROKER pare / ¢ COMPLAINT pockere veg! NO #: CITATION ISSUED YES (NO #: . AEC ALE YF NOTICE OF NONCOMPLIANCE YES &o} les which arc considered minor violations for which the DBPR shall provide s licensee with a notice of noncompliance. A It in economic or physical barm to a person or adversely affect the public health, safety, or welfare or create a mgnificant 3: Pursuant to s, 455.225 (3), F.S., the Commission sets forth rul a fs o' e of a or, vio} Violation of a rule is considered minor violation if it does not resul threat of such harm. The ¢ of noncom, ce 3 VIOLATION: , CORRECTIVE ACTION: — cornanenise WETLYELDOWTICE | YELLOW”EDQ Exhibit FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION DIVISION OF REAL ESTATE OFFICE INSPECTION & ESCROW/TRUST ACCOUNT AUDIT FORM L WM NAM] lols] 4174 el BROKER LICENSE # LICENSE # OF BROKERAGE CRY 200848! NAME OF BROKERAGE Sharew & wilt Paradise Properties Lae. #/B cITy COUNTY ee ste Resa th OFFICE (RULE 61J2-10.022 & 023)” REQUIRED OFFICE SIGN (RULE 61J2-10.024) AGENCY OR TRANSACTION BROKER DISCLOSURE (RULE 6152-10,036 & .037) o RECON, DANK BALANCE a (SHORT/OVER) AMOUNT __ SECURITY DEPOSIT: TOTAL TRUS RECON BANK BALANCE (SHORT/OVER) AMOUNT RENTAL DISTRIBUTION TOTAL TRUST LIABILITY RECON BAS BALANCE | HEREBY CERTIFY THAT TO THE BEST OF MY KNOWLEDGE ALL RECORDS PERTAINING TO MY SALES ESCROW/TRUST ACCOUNT(S) AND MY RENTAL PROPERTY MANAGEMENT ACCOUNT(S) HAVE BEEN PROVIDED TO THE INVESTIGATOR. THE ABOVE VIOLATIONS WERE BROUGHT TO MY ATTENTION THIS DAYS AND PROVIDE DBPR WITH PHOTOS, SKETCHES AND DATE AND THOROUGHLY EXPLAINED. | WILL TAKE CORRECTIVE ACTION MATH “ TA Le ~ NE CT Shavlol = DOCUMENTATION OF THE C(RRECTIVE ACTION TAKEN. ib A) py 2K COMPLAINT DOCKETED YES (0 #! pepo) CITATION ISSUED YES (o NOTICE OF NONCOMPLIANCE YES ( No) ich the DBPR shall provide a liceasee with a notice of noncompliance. A Pursuant to s. $$5.225 (3), F.S., the Commission sets forth rules which are considered minor violations for whi or welfare or create 8 significant Miolution of a rule is considered minor violation if it does not result in economic of physical harm to a person or adversely affect the public health, safety, threat of such harm. oncompliance 3! (1) ofa violation. VIOLATION: , ADMINISTRATIVE COMPLAINT. A 3 CORRECTIVE ACTION: e e 3 OF Exhibit Page_ AF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION DIVISION OF REAL ESTATE OFFICE INSPECTION & ESCROW/TRUST ACCOUNT AUDIT FORM LICENSE 4 OF BROKERAGE PHONE NUMBER NAME OF BROKERAGE | CBA 7008 43/ Sharow L Ll lt Fura dise weperties dae _. COUNTY cITy , Santa Rosa Rw VAla [tons STREET ADDRESS + /B 38 Clayto nw Laalt OFFICE (RULE 6142-10.022 & .023) REQUIRED OFFICE SIGN (RULE 61J2-10.024) AGENCY OR TRANSACTION BROKER DISCLOSURE (RULE 61J2-10,036 & .037) STATEMENT RECONCILIATIONS (RULE 61J2-14.012) SALBS, TOTAL TRUST LIABILITY RECON. BANK BALANCE ~ (SHORT/OVER) AMO! SECURITY DEPOSIT: TOTAL TRUST THARILITY RECON BANK BALANCE (SHORT/OVER) AMOUNT RENTAL DISTRIBUTION-TOTAL TRUST LIABILITY RECON < BALANCE HORT/OVER) AMOUNT gee | HEREBY CERTIFY THAT TO THE BEST OF MY KNOWLEDGE ALL RECORDS PERTAINING TO MY SALES ESCROW/TRUST-ACCOUNT(S) AND MY RENTAL PROPERTY MANAGEMENT ACCOUNT(S) HAVE BEEN PROVIDED TO THE INVESTIGATOR. THE ABOVE VIOLATIONS WERE BROUGHT TO MY ATTENTION THIS DATE AND THOROUGHLY EXPLAINED. { WILL TAKE CORRECTIVE ACTION WITHIN DAYS AND PROVIDE DBPR WITH PHOTOS, SKETCHES AND DOCUMENTATION OF THE CORRECTIVE ACTION TAKEN. 4 ; a bom ry : Lh ide / Sy fh Lt . DAL Otel na ae ps Fd pom te" AL OL SST / 77 A mae — CITATION ISSUED YES 4 A COMPLAINT DOCKETED YES Now NOTICE OF NONCOMPLIANCE YES Pursuant to s. 455.225 (3), F.S., the Commission sets forth rules which are considered Violation ofa rule is considered minor violation if it does not result in coonomic or physical harm to a p minor violations for which the DBPR shall provide a liconsce with « notice of noncompliance. A erson or adversely affect the public health, safety, or welfare or create a significent threat of such harm. ces al of amino: VIOLATION: yt peg pte ye A AWS RAE COMPLAINT, — EXHIBIT = CORRECTIVE ACTION: PAGE __& OF vereasnanos WMTW OPE YELOWAD nuucoar, ° NN Page_/ 4 Exhibit eS onthty Reconciliation Statement Real Estate Trust Account IDA ASSOCIATION OF REAORS® To be used in compliance with Chapter 6% J2-14.012(2), Flonda Administrative Code 1. Trust Account Reconciliation Information ae : Name of bank: : we Oe mr aif = . ‘ : J “y Ba _ 5 Name of account: i ee “4 ue pint a Account number _¢* fb eC eo ee Te Ce Reconciliation for the month of — 7 / Tube | hoe # Date used for reconatiation: 87/20) oe . PA - “ , Bank statement period / 3¢'/ Z6¢ through S70 / 24 1 <7. Date reconciliation performed: 57 / AZ 1 OL 2. Adjusted Account Balance tandin rt Deposits Not Crecited Date Wea #t Amount Oate Amount SAY-0/ LoS 20e $ Cnn tieetl wewc/ ee FEE Ending account balance (for statement period): $ a : _- Add deposits not credited: + Subtract outstanding checks: # Total (this is the Adjusted Account Balance Cy, of as of date reconciliation performed): MSR-3 Rev. 9/97 1997 Flonda Associatyam DRA TORR A BIRINe Bree Pedn | NT. EXHIBIT 4__4 PAGE iz OF - _ Exhibit __——=—sPage__ (72 3. itemized List of Broker's ‘rust Liability on ansaction Name: Total of Broker's Trust Liability (Total of all deposits received. pending and being held by Broker as of the date recénciliation ; performed): $ Z, ae 4. Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: Adjusted Account Balance (from paragraph 2) S$ E/ oY. é 3 Broker's Trust Liability (from paragraph 3) S FOCO oe If Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconciliation Staternent. If Adjusted Account Balance and Broker's Trust Liability do not agree, complete the faillowing to explain the difference. Then, sign the Reconciliation Statement. tr MSA-« (1) Shortages: (Adjusted Account Balance is fess than Broker's Trust Liability) Total Shortage: $ - Reason for shortage (i.e., nsf, service charge, negative dalance}: COMPLAINT, Hy 61997 Flonaa Associaon of REALTORS® All Rights Reset! 118 TARE Mae Pro) 3 “I Rev, Exnibt_____—-Page_ 7 Cerrect.2 Action Taken: (2) Overages: / — (Adjusted Account Balance is more than Broker's Trust Liability) Total Overage: 5 LL be @. fa Check only if applicable: G Overace is due to deposit of Broker's own funds (not exceeding $200.CC) into accaunt for maintenance purposes in accordance with Rule 61J2-14.010(2). Other Reason for Overage; poe oe oe rn ore “ . } fe a Corrective Action Taken: 5. Signature iF , Broker, reviewed this monthly statement/reconciliation Broker's signature (required on ail Reconciliation Statements) This form avaiatie for use oy the etm real estate ndustry and 6 not tended to identify the user as a REALTOR. RCALTOR s a regstered collactwe memoersnig marx that may be used only by real estate licansees who are mernoers of the Nabonal Assocation of REALTORS and who sunscne to ts Coce of Ethics. Tha copyngnt laws of the United States (17 U.S. Code} forbid the unauthoraed reproduction of blank forms by any means including facsimte or computenzed forms. MSR-4 Rav. 9/97 ©1997 Flonda Association of REALTORS® All Rights Reserved Pid IN De tea beth ” exnisit #4 cxhibit____Page_ “7 (epts youg uo sx0949 Bbutpueysyno 4st) | [ i + ' E MIN|STRATIVE |COMP AD EXt PA 7 ~~ , PAG /0- Of -~ POLY : a OOS 70- FP -E OOS TO-LE-£& valvog SSD yf = L807 Tt COORD (9-4 -/ OWS 10-f—-/ SPY 7° | la aaa 7 FINAL 20 MODS 38nAL Ao MorDsg (s) qrsodeq Ppeataooay (Aqjuo sen 4st) (Aquo suva aset) UL PTOH Qunogy UT peytsodegq o3eq JO RZuUNomy aeputg e3eg aekng jo owen T9TTSS JO owen 7 7 (2 Be. Ss Paredasd ajyeq butpusg soTeg qiodsy uoTjoedsuy 227330 02 wnpueppy O38992 Toy zo UoysTaTaeNOILWINOAY TWNOISSH40Nd GNY SSENISNU JO INEMIUVddG WaIUola 4o SIVIS SOIPT FI ONE PE POY IVT a a ‘\Y@DueTVd yuvg Lp? 5p POT Sra] —noren STBIOL FO SuoyZUyAuA upetdxg Zz O- TV Fe SIO epoo puy canjeubts 20386; ysoaur BE POLI hy 20 ~ RRIO= COO - SVO-on Junoosy puy omeN jzunossy ysnizpL/sMorosq 7 roo0 S gran peuzquog SEFLFSO AY ‘ON esusoty Aq poyztz0a NEV] Carer5 ue , ai Vs 77 v ue FM 7 NOTAT OY s0x028 OW OS gE {fd Hr ISTRAFWV ob LAINT c MIN HIBIT G : i = CO? OF 4. FEI 458q9 Jo yunowy . O00 9 yer 29430 worzy [RIOT ASQUNN {5eqD x9eq9 FO 9ANq SYMyD SuUIpieys NO 03 eTquivd . Page vA Exhibit ZEUS 3270 Emulator: IMI3 05/29/02 SHARON L WilF, EscROW ACCOUNT 275 MOUNTAIN DR SULTE 104 BALANCE LAST STATEMENT 42397.63 DATE CHECK# os/0i 05/02 164% 05/93 03/04 05/07 1651 05/07 1650 05/08 1647 05/10 o5/il 1653 os/i7 65/21 1652 ae Client2270 DDA STATEMENT INQUIRY 09.43.42 PAGE PARADISE PROPERTIES INC) ACCT NO. 965-000-0000-0071710629 DATE THIS STATEMENT 93/29/51 DATE LAST STATEMENT 94/30/01 «eeeexDbDa TRANSACTIONS ***** EDIT BALANCE CHECKS /OTHER DEBITS DEPOSITS/CTHER CREDITS TOTAL AMOUNT of NO. TOTAL AMOUNT NO. 6 66568 .00 5 82335.00 58164.6 AMOUNT TYPE TRANSACTION DESCRIPTION BALANCE 1500.00 DEPOSIT 43897. 3000.50 SED CLEARING DEB 38897. 15160.0C DEPOSIT 54057. 5000.00 DEPOSIT $9057. 3768.00 FED CLEARING DEB 3180.00 FED CLEARING DEE 52109. 500.00 FED CLEARING DEB 51609. 10675.99 DEPOSIT 62284. 50000.00 FED CLEARING DEB 12284. 50000.00 DEPOSIT 62294. $120.00 SED CLEARING DEB 58164. a ADMINGE PRATIVE COMPLAINT EXHiBIT # i PAGE _/) OF Exhibit Page Hw THIS STATEMENT 3 : Monthly ‘Reconciliation Statement Reali Estate Trust Account ASSOCIATION OF REALTORS® ; ¥ To be used in compliance with Chapter rs 4J2-14.012(2), Florida Administrative Code 1. Trust Account Reconcilj Name of dank: Name of account: “Account number: OL ABI Reconciliation for the month, of Lee DP used for reconciliation: Gf | FF, é Bank statement sono / / ,@ raged 2 Date reconciliation performed: 2. Adjusted Account Balance lin Kk. / recited Date Check # Amount Date Amount dk LEIO sXe $ We LNTF OOO : —$___—__. | Ending accaunt balance (for statement period): : $ OF Add deposits not credited: + $ Subtract outstanding checks: - $ 7 Z iQ @ hi) % Total (this is the Adjusted Account Balance ed 4 . GO as of date reconciliation performed): $ DM £ COMPL {R MSR Rev. 9/97 tse7' beat Pac of REALTOR: Ty Rights Reserved at EXHIBIT PAGE + T OF : / exribt /O Page A Zt ercxers Trust Liability she Total of Broker's Trust Liability (Total of all deposits received, oecorec being heid by Broker as of the date reconciliation 5 b / 0 0) 6 O6) 4. Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: Adjusted Account Balance (from paragraph 2) Yb 7 Ca LL Broker's Trust Liability (from paragraph 3) $ wv, g C0 GO If Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconciliation Statement. If Adjusted Account Balance and Sroker's Trust Liability do not agree, complete the following to explain the difference. Then, sign the Reconciliation Statement. (1) Shortages: / . 44) {Adjusted Account Balance is less than Broker's Trust Liability) Total Shortage: $ Reason for shortage (i.e., nsf, service charge, negative balance): LA ‘ Of COMA V+ a NOES “wy Mie MSR-4 ss Rev. 9/97 PT Renda Assoe PURE OREN PRE IN Te" Rights Reserved EXHIBIT # PAGE 2 s«OF (2) Overages: (Adjusted Account Balance is more than Broker's Trust Liability} Total Overage: $ Check oniy if applicable: G] Overage is due to deposit of Broker's own funds (not exceeding $200.90) into account for maintenance purposes in accordance with Rule 61J2-14.010(2). Other Reason for Overage: ate, Corrective Action Taken: hale A LA Broker's signature (required on ail Reconciliation Statements) , Broker, reviewed this monthly staternent/reconciliatior on Ths torn $ avalabia for usa by the era realestate ndusty and s rot nfended to entfy the user as a REALTOR. REALTOR s aragstered colecava rmambersrio mark mat “ay 2S used only by real estate loanses who dra members of the Nanonal ASsoGaton of REALTORS and who suacanbe 10 &s Cade of EtNcs. The copynght laws of the Unted States (17 U.S. Code) forbid the unauthorzed reproductan of blank forms by any means incuding facsime or computenzed forms. MSA-4 = Rev. 9/97 ©1997 Florida Associaton of Rea.Tons® All Rights Reserved sw ADMINISTRATIVE COMPLAINT. EXHIBIT # SS. ACE 2 OF ‘. —— Exhibit Page _2 7S To be used in compiiance with Chapter 61 J2-14.012(2}, Florida Administrative Code 1. Trust Account Reconciliation Jaformatio boul, Name of bank: = Name of account: * Account number: LEGS EE O a used for reconciliation: ¥ ROS F € Reconciliation for the month of Bank statement period & Va ‘Lrg ba le Date reconciliation performed: 2. Adjusted Account Balance in K: Date Check # Amount YIP [G7 LE ee Ending account balance (for statement period): Add deposits not credited: Subtract outstanding checks: c 7 Total (this is the Adjusted Account Balance as of date reconciliation performed): usAct “p ae ayy Sait sr Gd hy ler, All Rights Reserved EXHIBIT #4 5 PAGE car OF Date Amount A —_ —_—- 50,768: FE | ea LO DF VIPAR | DOF H exnibr 7 Page 232 st of Broxer's Trust Liability ee Total of Broker's Trust Liability (Total of all deposits received, pending and being held by Broker as of the date reconciliation performed): Comparison of Reconciled Trust Account Balance with Broker’s Trust Liability: SI) C/E BO sl C/0 Ve Adjusted Account Balance (from paragraph 2) Broker's Trust Liability (from paragraph 3) iar eonoiied | VF,O0O TS OL) if Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconciliation Statement. It Adjusted Account Balance and Broker's Trust Liability do not agree. complete the following to explain the difference. Then, sign the Reconciliation Statement. MSR-4 (1) Shortages: (Adjusted Account Balance is less than Broker's Trust Liability) Reason for shortage [i.e., nsf, service charge, negative oalance): ADMINS iVE COMPLAINT EXHIBIT # Ee PAGE a OF Rev. 9/97 ©1997 Flonda Association of REA. ToRS® All Rights Reserved Total Shortage: $ Qa é, 4 l 7. é Exhibit____— page 2:83 Correctwe Actor * (2) Overages: (Adjusted Account Balance is more than Broker's Trust Liability) Total Overage: $ Check only if applicable: Overage 8 due to aeoosit of Broker's own funds (not exceeding S200.C6} into account for maintenance purposes in accordance with Rule 61J2-14.01 O(2). Other Reason for Overage: . Corrective Action Taken: hen 4 LL, Broker's signature (required on ail Reconciliauon Statements) This tom 1s avaianie for use by the entre mal estata ndustry and s not ntencod to entty the user as a REAOA. REALTOR s a rogsstered collective membership mark (nat may 0 used only bv real estate licensees who are members of the National Assocation of REALTORS and who suoscne 10 «s Code of Ethics, The copyngnt laws of the United States (17 U.S. Code) forbid the unauthonzed reproducton of blank forms by any means noludeng faccimde or computenzed forms. MSA4 Rev. 9/97 ©1997 Flonda Assaciation of REALTORS® All Rights Reserved ed ia . * o- nat n ADMINIS isATis ESONPLAINT EXHIBIT 7, - pace _W OF ' Exhibit To de used in compliance with Chapter 6142-14.012(2), Ficada Acmunistrative Code 1, Trust Account Reconciliation we on “bit ( Name of bank: Name of account: JOM AELT Account number: Reconciliation for the month of L C Oy ¢ LY Date used for scconctiatior PV Bank statement period Aw Qe, CO LIP rou, D Date reconciliation sertormedteD ay / Zi 2. Adjusted Account Balance Qutstancing Checks Deposits Not Credited ‘ Date Check # Amount Date Amount 13 / CMA SF, COCO” . $ [a] Ending account balance (for staternent period): s.7 LO, y Pf. ae Add deposits not credited: + $ ia Se, } Cf . LO Subtract outstanding checks: - $ a COO? if 4 Total (this is the Adjusted Account Balance : L/S f- Ad 7 as of date reconciliation performed): MSR Rev. 9/97 ARM INIST AS at of POAASAI NT ane Reserved Re a " EXHIBIT PAGE a OF Exniot__/ Faye 206 3. Itemized List of Broker's Trust Liability Beccnciled Balance bee * $ wl OGO | s 1,00 $ $ . 5 : Elton le Hae 77a $ $ $ $ $° $ $ Se ee Total of Broker's Trust Liability (Total of all deposits received, @ pending and being held by Broker as of the date reconciliation performed): $ 4. Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: Adjusted Account Balance (from paragraph 2) $ Broker's Trust Liability (from paragraph 3) $ If Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconciliation Statement. - if Adjusted Account Balance and Broker's Trust Liability do not agree, complete the follawing to explain the difference. Then, sign the Reconciliation Statement (1) Shortages: (Adjusted Account Balance is less than Broker’s Trust Liability) | Total Shortage: $ Reason for shortage (i.e., nsf. service charge, negative balance): ADMINISTRATIVE MSR-4 Rev.9/97 @r997-Fipnda associandr dR oeSVIP Lay Reserved Rte Rs Rese ® Page _ Of . —_——— Exhibit Page 207 (2) Overages: (Adjusted Account Balance is more than Broker's Trust Liability) Total Overage: $ Check only if applicable: O Overage is due to ceposit af Sroker's own funds (not exceeding $200.00) : for maintenance ourposes in accordance with Rule 61J2-14.010(2). faa) 5 ay wo re) a 2 S Other Reason for Overage: Corrective Action Taken: : ATbhow Lie, , Broker, reviewed this monthly statemenvreconciiiaticn on eB A3/ WZ ili A a Broker's signature (required on ail Reconciliaton Statements) This fom ss avaiable for usa by the entre mal estale ndustry and s rot mtended to Wenty he user as a REALTOR. REALTOR Is a registered Callecsve mambersnio mark shat may ce used ony by mal estate ticensees who are members af the National Assocultian ot REALTORS and wno suoscnibe (0 tts Cace ot Ethics. The copynght laws of the Unted States (17 U.S. Code) forbid the unauthorzed reproducton of blank forms by any means including facsimse or comouienzed foams. MSR Rev. 9/97 ©1997 Flonda Association of REALTORS®) All Rights Reserved ADMINISTRA: is CIMA LAINT EXHIBIT #__5 PAGE g OF 2X Yo Exhibit Page FLORIDA, ASSOCATION OF REALTORS® To be used in compliance with Chapter 6iu2- 14.012(2), Florida Administrative Code 1. Trust Account Reconciliatipa info ation a Name of Dank: Lo) . ‘Monthiy ‘Reconciliation Statement Real Estate Trust Account Name of account: Account number: Reconciliation for the month of Bank statement period / ag thro V4 7, De Date reconciliation performed: Zit, / 2. Adjusted Account Balance Qutstanding Checks Date Check # Amount Date 707 J867— LO 9A? (S65 LO A SY LO Date used for reconciliation: 7 Le Py — —_—_ SS Ending accaunt balance (for statement period): Add deposits not credited: + Subtract outstanding checks: - 7 Total (this is the Adjusted Account Balance as of date reconciliation performed): Lh) er: MSA4 Rev. 9/97 61997 Flenda Association of ReAutons®) _Alll Ri ‘ed ADMINISTRATIVE COMPLAINT , EXHIBIT #__S PAGE _ /? OF s BL IIVE- ZL) OOF 20 IT V4 Jz 14 1d Zhy & S507 UG exhibit /3 Page / 7G _ _ ‘ ftemz ‘ent ‘NLAP Total of Broker's Trust Liability (Total of all deposits received, pending and being held by Broker as of the date reconciliation eZ . performed): $ @ O€GP 4. Camparison of Reconciled Trust Account Balance with Broker's Trust Liability: Adjusted Account Balance (from paragraph 2) $ & 7 la Broker's Trust Liability (frorn paragraph 3) $ if Adjusted Account Balance and Broker's Trust Uability agree, sign the Reconciliation Statement. It Adjusted Account Balance and Broker's Trust Liability do not agree, complete the fallowing to explain the difference. Then, sign the Reconciliation Statement. 7 (1) Shortages: Total Shortage: s_ DEW 2F _ {Adjusted Account Balance is less than Broker's Trust Liability) Reason for shortage {i.e., nsf, service charge, negative balance): ” MSR-4 Rev. 9/97 1997 Fionda Associ RSF TORSH All fats Reserved V . AD ATIVE COMPLAL : EXHIBIT #__ 5 PAG F - e_if o oo E othibit Page_/ 7 / (2) Overages: (Adjusted Account Balance is more than Sroker’s Trust Liability) Total Overage: S$ Check only if apoucatble: O Overage is due to deposit of Broker's own ‘unds (net exceecing S2CC.c0) into acccurt for maintenance purposes in accordance with Rule 61J2-14.010(2). Other Reason ‘cr Overage: Corrective Action Taken: (e 5. Signatu y ya . I, Me / ; / , Broker, reviewed this monthly statement/reconciliation n 7 LB/ 24 Broker's signature (required on ail Reconciliation Statements) This form ¢ avatadie for use by the enn rod asiata mdustry and 6 not sttended to entity the usar as a RCALTOR REALTOR |S a registered collecave memoerstia mark nat Mav oe usad only by ral estate icensees who are memoers ot the National Assocation of REALTORS and who SuoScnOe 10 fts Code of Ethics. The copyngnt laws of the United States (17 U.S. Cade) fortid tne unauthonzed reproducton of blank forms by any means ncucing facsimie or comautenzed forms, MSR~ Rev. 9/97 ©1997 Flonda Associaton at REALTORS® All Rights Reserved te ADMINISTRATIVE, COMPLAINT. EXHIBIT #_.5 pace _/2 oF Exhibit Page (7 ON OF REALTORS® To be used in compliance with Chapter 6 612-1 14.012(2), Fionda Administrative Code 1. Trust Account Reconciliation yyy Lent Name of dank: COND) le Name of account: “Account number: Zi 7 JECRP Reconciliation tor the month of , OD Date used for reconciliation: 7. LF, @ Bank statement period Va / SG through FZ a2, a Date reconciliation pertarmed: D, 7 a 2. Adjusted Account Balance nding Check. Qeposits Not Credited Date Check # Amount Date Amount $ ee $ $ IE Add deposits not credited: + $ Ending account balance (for statement period): Subtract outstanding checks: $ 7 Total (this is the Adjusted Account Balance AGE Zo GE i $ as of date reconciliation performed): MSA Rev. 9/97 Cro BUMMER Leuba SAH GSB P laa Aeserved aa EXHIBIT # ms a Page 12 oF rs en Exhibit fe Page LL0_ Trust Liability Reconciied Balance 5 /O ER - ORAZ ee Total of Broker's Trust Liability (Total of all deposits received, pending and being held by Broker as of the date reconciliation Lr Ll) : Lo) performed): $_ 4. Comparison of Reconciled Trust Account Balance with Broker’s Trust Liability: Adjusted Account Balance (from paragraph 2) s FREE: 7R Broker's Trust Liability (from paragraph 3) $ Oo CPt ZA, it Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconciliation Staternent. ~ It Adjusted Account Balance and Groker's Trust Liability do not agree, complete the following to explain the difference. Then, sign the Reconciliation Statement. (1) Shortages: : (Adjusted Account Balance is less than Broker's Trust Liability) Total Shortage: $ Ss , ay L 3 2 Reason for shortage (i.e., nsf, service charge, negative balance): TYM AOS ADMINISTAAT VE os LAIN EXHIS Sly ze PAGE je MSA-4 Rev. 9/97 61997 Fionaa Associaton of REALTORS® All ai Rights Reserved . | ivi page _/ 21 Exhibit___ ~»_-_—- other Pi for maintenance purpos' ay applicable: coverage 'S due to deposit ct AroKer's OW" funds (not axcee es in accordance with Rule 61J2-14 91a(e). 5 Trust Liability) Total overage: $ ing $200.00) into account ' Broker, reviewed this monthly statemenureconatiation "g signature (required on all Reco mronded to dott ra user 5 3 POUR PEATE nciliation Statemen ts) a rogstered colect® memoesn mark that mray 08 and 0 supscnoe 10 as COCR A Ethics. gsociation ot Rearors® All Rights Reserved ADMINIS TRAT MNISTRATIVE COMPLA EXHIBIT #9. “™ PAGE OF neudng tgcaimie OF compurenzed forms. Exhibit Page_[ 7 &. fo be used in compliance with Chapter 61J2-14.012(2), Flonaa Administrative Code t. Trust Account Reconciliation Information Name of bank: ( nrap YEA WE spybot Name of account: Account number: 7/ Leg Reconciliation for the month of Date used for ‘reconciliation: Bank statement period SO , J) oO. through “5 = Date reconciliation performed: VA Od / CO 2. Adjusted Account Balance ADL ay, Date Amount WML oe abgo fA —— ——— ——— Ending account balance (for statement period): $ SAL 587 67 ad Add deposits not credited: + $ Subtract outstanding checks: - $ LE LCE 4, Total (this is the Adjusted Account Balance 4 542. AF as of date reconciliation performed): $ 4 sna pev.oo7 GMOMINISTRATWVERGQUMBLAMNAigns Reserved ane EXHIBIT # pace I oF —— exhibit ___Z/ Page Lf remeee List of Broker's 5 Trust Liability $ $ oe $ Total of Broker's Trust Liability (Total of all deposits received, pending and being held by Broker as of the date reconciliation performed): 3. 4. Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: 9,8 ME ( gy Adjusted Account Balance (from paragraph 2) 2 v7 000: 00 if Adjusted Account Balance and Broker's Trust Liability agree. sign the Reconciliation Statement. Broker's Trust Liability (from paragraph 3) If Adjusted Account Galance and Broker's Trust Liability do not agree, compiete the folowing to explain the difference. Then, sign the Reconciliation Statement. _4-—- ‘ of 127 7) nt Mii ao (1) Shortages: (Adjusted Account Balance is less than Broker's Trust Liability) Total Shortage: $ Reason for shortage (i.e, nsf, service charge, negative balance): wt MSR-+ = Rev. 9/97 ©1997 Flonda Association of ReA.tons® All Rights Reserved ADMINISTRATIVE COMPLAINT + exwieT #7 PAGE |). OF ___ ne esi page SP yhibit_ (2) Overages: (Adjusted Account Balance is more than Broker's Trust Liability} Total Overage: $ Check only if applicable: C Overage is due to deposit of Broker's own funds (not exceecing $200.00} into account for maintenance purposes in accerdance with Rule 61U2-14.010(2). Other Reason for Overage: : Corrective Action Taken: 5. Signature , Broker, reviewed this monthly staternent/reconciliation on 1 Broker's signature (required on ail Reconciliation Statements) dusty ang s not mended to entty the user as a REALTOR. REAOR s a registered collectve mempershio mank that may Oe @ National Assoaation of REALTORS and who suoscne to ts Coda of Ethics. con of blank forms by any means including facsimie or comoutenzed forms, This form & avalabie tor use ty the ermtro red estate: used ony by real estaic licensees who are memners of th The copyngnt laws of the Unted States (17 U 5S. Code} toroid the unanithorzed reprodus MSR-) Rev. 9/97 ©1997 Flonda Associaton at REALTORS®) All Rights Reserved ADMINISTRATIVE COMPLAINT. EXHIBIT #5 97 PAGE 19 OF page_ Je 2 Exhibit__-__— ~ 7 onthly Reconciliation Statement Real Estate Trust Account RIDA ASSOC:ATION OF REALICRS® ~ WA ASSOGATC ! Re To be used in compliance with Chapter 6142-14.012(2), Flonda Administrative Code 1. Trust Account Reconciliation Information by Name of dank: langle Name of acccunt: - Account number: J17 /OGK : Reconciliation for the month of f { by . LA Date used for.reconciliation: LL LOCO) Bank statement period Z 1Z (GF rough L |W Ob Date reccnciliation performed: Y/ / Lf LE 2. Adjusted Account Balance Quistancing Checks Qeposits Not Credited Date Check + Amount Date Amecunt $_u $ Ending account balance (for statement period): . $ SLLLL OE Aad deposits not credited: + § Subtract outstanding checks: - $ __. ” Total (this 's the Adjusted Account Balance // Ds Ow as of date reconciliation performed: $ ADMINISTRATIVE COMPLAINT, ae 2 tad Sal Fl i All Rights RA d MSR RA BF 937 Flonda Assapration of Reavrors) it Rights Reserve PAGE / (a OF exhibit 2 Page 227 3. itemizec List of Groker 3 vrust Wacility Total of Broker's Trust Liability (Tota! of all deposits received, pending and being held by Broker as of the date recanciliation O) WA LE) performed): $ J L 4. Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: Adjusted Account Balance (from paragraph 2) // WY Za Broker's Trust Liability (from paragraph 3) $ i. : Le LL LEO If Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconciliation Staternent. If Adjusted Account Balance and Sroker’s Trust Liability do not agree. complete the following to expiain the difference. Then, sign the Reconciliation Statement. (1) Shortages: | FOO ww (Adjusted Account Balance is less than Broker's Trust Liability) Total Shortage: $ Reason for shortage fi.e.. nsf, service charge, negative balance): MSA Rev. Ni RII! Flonda. Associaton of ReaLrors® All Rights Reserved DM oe COMPLAINT, mr - Exhibit page 25 corrective Acuen (2) Overages: (Adjusted Account Balance is more than Broker's Trust Liability) Tota! Overage: S Check oniv if agpiicaore: G Cverage is due to deaosit cf Sroxer$ own iuncs (not exceecing $2C0.CC} into 4 for maintenance purpases :n accoraance with Rule 6142-14 010(2). Other Reascn for Overage: Corrective Action Taken: j KP/ MLW A: LE _ Broker, reviewed this monthly. statementv/recanciliation 5. Signatu an Broker's signature (required on all Reconciliation Statements} This orm s avanabie for use by ine ermre real eSmIe RGUSITY ang G PO Manced to erty the user as a ReAUTOR REALTOR s a regstered Colecave membersno Mark Ta (Tay OF used OV Oy real esume Loansees wno are memoers af tha Natonay Assocation of REALTORS and wno sunscroe to ts Code of Elhics, The conyngnt laws of the Untec States (17 U.S. Coge) forbid tne unauthorized rearoducaon ct blank forms oy any means neudng facumte or comeuterzec MSA- ~~ Rev. 9/97 @1997 Flanda Assocation of REALTORS® All Rights Reserved formrs. a Je BN\) Exhibit____ Page —_—— ee pain estes b Monthly Reconciliation Statement Real Estate Trust Account P SFLORIDA ASSOCIATION CF REALTORS® To be used in campliance with Chapter 61J2-14.012(2), Flonca Acmunistrative Code 1. Trust Account ODL jon Name ‘of bank: Jf, fe Name of account: "Account number WT fb, IS Reconcillation for the monin of L: is , , Date used ‘or reconciiation: ZF i Bank statement period oF , iW. through Af e/ Date reconciliation performed: y / O/ 2. Adjusted Account Salance Qutstanding Checks ed Date Check # Amount Date Amouct Enaing account balance (for statement period): , $ Lh VOILA ae Aco cesosits not credited: + $ Suctract outstanding cheexs: - $ ® Total ithis is the Aqusted Account Balance Jb YB s as CI Gaie reconciliation certermed!: MSR Rav 297 ABSa Alea Ree CRRMPLEAIN F! Rignts Reserved mae eExHipiT #_5 at Ly) 7- . PAGE _ QO. OF a Ss Exhibit 2 — Page 12 at 3. rs Trust Liability a Pecorcied Bsiance s LE! TZ 0/7 Ze oe - Likip SOP - Lenya ~ # VI24 5 OE | $ $ ° so $ ——— $ _—______ $ $$ $ _—__________—. $ — $ : $ —_______-_—. a $ Total of Broker's Trust Uability (Total of all deposits received, pending and being held by Broker as of the date reconciliation . pertormed). s KSIe 4. Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: Bt YZ Adjusted Account Balance {from paragraph 2) ’ A, Broker's Trust Liability (from paragraph 3) $ : If Adjusted Account Balance and Broker's Trust Liability agree. sign the Reconciliation Statement. it Adjusted Account Balance and Broker's Trust Liability do not agree. complete the following to explain the difference. Then. sign the Reconciliation Statement. (1) Shortages: (Adjusted Account Balance is less than Broker's Trust Liability) Total Shortage:$__._ Reason for shortage ii.e.. mst, service cnarge, negative balance): a, MSRs Gay Sr 19ST ABER arH IePSSHRPET PVE COO MPLA RN Reserved . EXHIBIT #__ A PAGE __ ox > OF (2) Overages: ap? je gunt Balance is more than Broker's Trust Liability) Total Overage: $ (Adjusted Acc Check on f accrcacie Gi Overage 's due to cdecosit of Broker's Own Tunds (not exceecing VINO ACCOUNT tor maintenance oureases in accoraance with Rule 61J2-i4 O10(2). Other Season tor Cverage: .. Serrective Action Take wor Signature gf)" . MEM x, LE/ : , Broker, reviewed this monthly statement/reconciliation Broker's signature (required on ail Reconciliaton Statements) on Ths form 3 avacatie for use oy the ertre mai esiai@ NauUSUY and Ss Not Mtencod to erty the user as a REATOR, REALTOR S a regotored collecave mamoarsn:o mark that may Oe usd ony C's Pat estate hoensees wno are mamnoers of the Nanonal Assoaaton of REAUTRS ang wno suoscnibe to ¢s Coce of Ethics. The copynent laws of the Unted States 1° U.S. Coe) fertid ine unautherzed recroductan ct blank forms by any means ncudng facsimile or comovtenzed forms. MSR Rev. 9/97 @1997 Flanda Associaton of REALTORS® All Rights Reserved ADMINISTRATIVE COMPLAINT; EXHISIT 4 AF FF. . cxhigt ___Page_@ 2 AHH ‘ny tt To be used in compliance with Chapter 61 1g2-44.012(2), Flonda Administrative Code Name of account: SOLt/ Wee , “Account number: Pi Se we Reconciliation for the month , Jb yy, used for secbnctiaton ce”. YE Bank statement period 36 ) BO or oD: Date reconciliation performed: / / 1. Trust Account Reconciliation | Name of bank: 2. Adjusted Account Balance ing Check: sits Not Cr Date Check # Amount Date Amount hk Ending account balance (for statement period): g% 3B Add deposits not credited: Vi O°” ° Ih , Subtract outstanding checks: - VE) p "6 Vs, GO + Total (this ig ne Adjusted Account Balance YUPye40 as of date reconciliation perfarmec): ADWHNISTRATIVE COMPLAINT. b BG 4p MSR-4 Rev. ak ae re / vA LD) R f Reserved PAGE’) OF cynicit _/ 7 Page 249 TRILL, CLIRE OG ~. ttemized List of Groker’s Trus: Liability / Lease Client rnsacnen * ia: Total of Broker's Trust Liability (Total of all deposits received, e) pending and being held by Broker as of the date reconciliation oO OD . Ek = performed): $ 4. Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: Adjusted Account Balance (from paragraph 2) $ i ‘ ; e 5 DOO: if Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconciliation Statement. _ Broker's Trust Liability (from paragraph 3) if Adjusted Account Balance and Broker's Trust Liability do not agree, compiete the following to explain the difference. Then, sign the Reconciliation Statement. (1) Shortages: . (Adjusted Account Balance is less than Broker's Trust Liability) Total Shortage: Reason for shortage [i.e., nsf, service charge, negative balance): ADMINISTRATIVE COMP LAINT EXHISIT #_ 2 —______— PAGE __& _ OF MSR-4 Rev. 9/97 ©1997 Flonda Association of REALTORS® All Rights Reserved x 0) Corrective ACII7 va (2) Overages: 7: LF GE j i jabili Total Overage: S (Adjusted Account Balance is more than Broker's Trust Liability) Check only if applicable: G Overage 1s due to decesit of Broker's own funds inat exceeding 3200.C0) into acccunt for maintenance purposes in accordance with Rule 61U2-14.010(2). C Other Reason for Overage: Corrective Action Taken: , Broker, reviewed this monthly statement/reconciliatic Broker's signature (required on ail Reconciliauon Statements) This forms avaiable for use by the erttro rool estate mdustry and ¢ not menced to identity the user as a REALTOR, REALTOR s a regstered Collective memborunia mark that may Dé used only by real estate licensees who are members of tha National Assoaation of REALTORS and who suascnde to ts Cace of Ethics, The copynght laws of the United States (17 U.S. Code} forbid the unauthorzed reproducton of blank forms by any means including facsime or comoutenzed fons. MSR Rev. 9/97 ©1997 Flonda Assoqaton of REALTORS® Alt Rights Reserved Audi kai COMPLAINT EXHIBIT PAGE oy OF —— Page 257 Exhibit «Monthly Reconciliation Statement Real Estate Trust Account FLORIDA AS vASSOC:ATION OF REALTORS® To be used in campliance with Chapter 61 J2-14.012(2), Flonaa Administrative Coce 1. Trust Account Reconciliatiqn Info! “TEAL Suh Name of bank: ; Name of account: Account number: LE. VY Ao f J Reconciliation for the month of Ml AML ' OO Cate used for reconciliation: a. LO) GO Bank statement penod Z / / GO meougn Z / LEGO Oate reconciliation performed: b Le GO 2. Adjusted Account Balance Qutstanging Checks Degasits Not Credited Speck # Amount Date Amcunt G43 ja? | 5 000 ; Gt JER 1, OW Ending account balance (for staternent period): , $ YE, Ab /a- VEZ Add deposits not credited: + $ Subtract outstanding checks: - $ g, OOO eZ, , 7 Total (this is the Adjusted Account Balance LD 4) d. 72 as of date reconciliation pero $s ERNEST ery wATIVE COMPLAINT. MSA-4 Rev. 9/97 EXHIBIT iG d B 2 ' ev. jonda Assqciation of REALTORS®) AT RIGMS Meterve ane Fee PAGE q OF exivit__/ 4// Page JFL af Braker > Trust dees Total of Broker's Trust Liability (Total of all deposits received, pending and being held by Broker as of the date reconciliation Ao X00 CL) performed): : $ 4, Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: Adjusted Account Balance (from paragraph 2) $ Med, L d/ 7 Do oL/ Broker's Trust Liability (from paragraph 3) s Z| iy l S90 'O 0 It Adjusted Account Balance and Broker's Trust Liability agree. sign the Reconciliation Statement. If Adjusted Account Balance and Broker's Trust Liability do not agree. com plete the following to explain the difference. Then, sign the Reconciliation Statement. ” (1) Shortages: (Adjusted Account Balance is less than Broker's Trust Liability) Total Shortage: $ Reason for shortage (.e., nst, service charge, negative balance): A tayo. . MSR Rev. 997 997 Figndaaksociaton ot RealToRSe) vipat Fights Reserved Soe Reve GANG Exhibit Page [9 3 (2) Overages: 4 De (Adjusted account Balance is more than Broker’s Trust Liability) Total Overage: $ Check only yf apolicacie: Cl Overage 1s due to decosit of Broker's OWN funds (not exceeding $206.00) Imte aCcouM for maintenance purposes 17 accordance with Rule 61 J2-14.010(2). Other Reason for Cverage: : Corrective Action Taken: 5, Signatu' /) | Z. y) YA ’ y \, Mb, bor/ / _ Broker, reviewed this monthly statemenv/reconciliation on Le . ‘Na dpa k LO, Broker's signature (required on all Reconciliauon Statements) Ths torn s avaiable tor usa by he onara real estate OCUSTTY and 6 mt mtonded to demtty the User as a REAUOR. Rearon ca regstered coiectve mambershio mark that may De menannpmenseernte ten ees enasememe The copyngnt aws of tre Unted States (17 U.S, Code) fornid the unautnorzed reproducton of blank forms BY any means incuding facsimile OF comoutenzed forms. MSR Rev. 997-997 Flonda Association of REALTORS® All Rights Reserved ADMINISTRATIVE COMPLAINT. EXHIBIT = ae Pace DOF MSA Rev. 997 = 1997 Flonaa B3dodHadiT of:eactor: Ali Rights Reserv eo pathly F Reconciliation Statement Real Estate Trust Account ON CF REALTORS® . Name of bank: Name of account: Account number: DL, used for:raconciliation: ZL aA Reconciliation for the “ip of Bank statement venos LO O secssp / L0/ Date reconciliation performed: _/ es , O/ . Adjusted Account Balance nding Check: Deposits Not Cregitect Cate Check # Amount Date Amount —_ ee —_— ————$—$<—$——— — —_—_——$———— — —_—_— ——— —_———— Y YG) 4 Ending account balance (for statement period): $ Add decosits not credited: + $ Subtract outstanding checks: - $ é Total (this 1s the Agiusted Account Balance J AS, y AD $ as of date reconciliation performed): ADM Si RATIVE CGMPLAINT. R 2 PAGE OF —_— \ Fen Exhibit 2 Pane 7S Berorci v7 Dal Be Soe ; wy Ty 000° $ $ $ sf $ $ $ $ $ 5 ; : $ Total of Sroker's Trust Liability (Total of all deposits received, pending and being held by Broker as of the date recantiliation 7, LEO . performed): $ / 4. Companson of Reconciled Trust Account Balance with Broker's Trust Liability: A Adjusted Account Balance (from paragraph 2) $ AA REL Broker's Trust Liability (from paragraph 3) $ ©, Le if Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconciliation Statement. if Adjusted Account Balance and Broker's Trust Liability do not agree. complete the fottowing to explain the difference. Then, sign the Reconciliation Statement. (1) Shortages: (Adjusted Account Gaiance is less than Broker's Trust Liability) Total Shortage: S$ Reason for shortage (i.e., nsf, service charge, negative balance): Ww ADMINIS RATE COMPLAINT. EXdde its a MSA: Rev. 297 #1997 Fionaa Associaton of Reatonse) EXartarghs Au PAGE __ OF Exhibit Page 7 (2) Overages: (J. JA (Adjusted Account Balance is more than Broker's Trust Liability) Total Overage: s Check only if appiicacie: 0 Overage 1s Gue te ceposit of Brokers own funds (not exceecing Se! ‘or maintenance ourpeses in accoraance with Qule 31U2-14.07012} Other Reason for Overage: Fi Corrective Action Taker: 5. Signat 1), / yi j LY io, CA/ /- , Broker, reviewed this monthly statemenvreconciliation « YL , Le Broker's signature (required on aif Reconciliation Statements) rorgemty the user 35 2 REALTOR. REALTOR Ss a regstered cotecave memoeato mam that may Ce 's Code of Ethics. any means mcudng tacsime er comcutenzed forms. Thus form s avaiable for use by the ortre real estare Ndustrv ana $ ror Menced usea CNY Oy rea este hoersees WO ae memoers of the Nanonai Assocation at PEATORS and wna supscnoe [0 ft The oceyngnt taws cf the Umted States 11 7 U.S. Code) fernid the unauincrzed rearoducton ct blank forms by MSA Rev. 9/97 61997 Flonda Assocauan of REALTORS®) All Rights Reserved “a ADMINISTRAT? EXHIBIT ¢ PAGE GQ oof Exhibit Page_ 7S _—— __ | | 4 iMonthly Reconciliation Statement Real Estate Trust Account "SFLORIDA ASSOCIATION OF REALTORS® : ji To be used in compliance with Chapter 6 142-14.012(2), Fle ‘ida Administrative Code +. Trust Account a) Information Bek. Name of cank: Name of account: Account number: Date used for ‘sconciiston J Aw A A, G/ Bank statement period Xe / | ee © DS LY Oate reconciliation performed “oy Sos 2. Adjusted Account Balance Cuistanttng ats eck @ Amount Dat A yy “yap jbo Se S00 Reconciliation for the woe of tA Ending account balance (for statement period): Aad denosits not credited: Subtract outstanding checks: , » Total (this is the Adjusted Account Balance as of date reconciliation performed): apigTRal IVE, COMPLAINT. LEP Be ae 21997 ridge Associaton of Beusosie All Rights Reserved = 4b, Lig YH Exhibit 7 Page _ TE. 5 Ne itemized List of Groker's Trust Liability Total of Broker's Trust Liability (Total of all deposits received, Wi 30 pending and being held by Broker as of the date reconciliation pertormed): $ Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: ob, C36 , “/ Adjusted Account Balance (from paragraph 2) $ Broker's Trust Liability (from paragraph 3) $s LO PLE" S CO: it Adjusted Account Balance and Broker's Trust Liability agree. sign the Reconciliation Statement. If Adjusted Account Balance and Broker's Trust Liability do not agree. complete the following to explain the difference. Then. sign the Reconcitiation Statement. (1) Shortages: (Adjusted Account Balance is less than Broker's Trust Liability) Total Shortage: $ Reason for shortage i.e., nsf. service charge, negative balance): lights Reserved Page 27 Exhibit -__ ii Corrective Action Taken: (2) Overages: a (Adjusted Account Balance is More than Broker's Trust Liability) ; Check only if applicaole: Q Overage is due to decosit of Broker's own ft far maintenance purposes in accordance with Rule 61J2-14.010(2). YEG HY unds (not exceecing $200.00) into account Other Reason for Overage: 243 Corrective Action Taken: 5. ed, I, on , Broker, reviewed this monthly statement/reconciliation Muted ¢. Broker's signature (required on all Reconciliation Statements) MSR Rev.9/97 @t997 Flonda Assocanon of REALTORS® All Rights Reserved a ADMINISTRATIVE COMPLAINT. EXHIBIT #. PAGE __) 2 OF ‘ Exhibit____—Page_ 9°. DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATI Division of Real Estate OFFICE INSPECTION & ESCROW/TRUST ACCOUNT AUDIT FORM DATE 2. > Ly iad i t _ NAME OF BROKER BROKER LICENSE # i | | ' | NAME OF BROKER NAME OF BROKER L BROKER LICENSE # | ! H | | | BROKER LICENSE # | [ { | | | SE # | ve NAME QF BROKERAGE Oar, 7 LICEN: OFFICE (RULE 61J2-10.022 & .023) REQUIRED OFFICE SIGN (RULE 61J2-10.024) a jf / 7] AGENCY OR TRANSACTION BROKER DISCLOSURE 4, D {F.S.475.276 &.278) Lip STATEMENT RECONCILIATIONS (AULE 61J2-14.012. / i. SALES: TOTAL TRUST LIABILITY RECON BANK BALANCE SECURITY DEPOSIT: TOTAL TAUST UABILITY RECON BANK BALANCE a (SHOAT/OVER) AMOUNT . ‘ E- Poor {SHORT/OVER) AMOUNT af foe RENTAL DISTRIBUTION: TOTAL TRUST LIABILITY Y, | a RECON BANK BALANCE (SHORT/OVER ) AMOUNT REMARKS: ( HEREBY CEATIFY THAT TO THE BEST OF MY KNOWLEDGE ALL RECORDS PERTAINING TO MY SALES ESCROW/TRUST ACCOUNT(S) AND MY RENTAL PROPERTY MANAGEMENT ACCOUNT(S) HAVE BEEN PROVIDED TO THE INVESTIGATOR . THE ABOVE VIOLATIONS WERE BROUGHT TO M ATTENFI tS DATE AND THROUGHLY/EXP} A wu. PAYS ANO PROVIDE OBPR WITH PHOTOS, 10, Bern § - (SIGNATURE OF BROKER) ERO 4 (OAT) COMPLAINT DOCKEPED YES a CITATION ISSUED YES LH NOTICE OF NON-COMPLIANCE YES. NO. a Pursuant to s. 455.225 (3), F.S., the Commission sats forth rulas which are considered minor violations for which the DBPR shall provide a licensee wi: & notice of noncompliance. A violation of a rule is considered minor violation if it does not result in economic or physical harm to a person or adverse atfect the public health, safety, or welfare or create a significant threat of such harm. The notice of noncompliance shail only be Issued for an Initi offense of a minor violation, ADMINISTRATIVE COMPLAINT. VIOLATION: CORRECTIVE ACTION: EXH IBIT # ‘ PAGE OF - WHITE COPY -FIELD OFFICE YELLOW COPY-LICENSEE ~ J? __ Pape _Af3 Exhibit. 7/7 FLORIDA DEPARTMENT OF BLSINESS AND PROFESSIONAL REGULATION DIVISION OF REAL ESTATE OFFICE INSPECTION & ESCROW/TRUST ACCOUNT AUDIT FORM NAMI: CAF HROK ETE BROKER LICENSE 4 NAME OF BROKER BROKER LICENSI it NAME OF BROKER NAME OF BROKER BROKER LICENSE 4 BROKER LICESNE 4 NAM}. OF BROKERAGE LICENSE 4 OF BROKERAGE ie STREET ADDRES. 1 REMARKS OFFICE (RULE 61J2-10.022 & .023) REQUIRED OFFICE SIGN (RULE 61J2-10.024) a AGENCY OR TRANSACTION BROKER DISCLOSURE a _ __. “ _ (RULE 61J2-10,036 & .037) : STATEMENT RECONCILIATIONS (RULE 61J2-]4.012) SALES: TOTAL TRUST LIABILITY RECON. BANK BALANCE (storey SeeRZAMOUNT SECURITY DEPOSIT, TOTAL TRUST LIABILITY ICON BANK BALANCE : (SHORT/OVER) AMOUNT RENTAL DISTRIBUTION: TOTAL TRUST LIABILITY : Vs RECON BANK BALANCE (SUORTIOVER) AMOUNT A ae Juanes Jona Ars Kriandh {HEREBY CERTIFY THAT TO THE BEST OF MY KNOWLEDGE ALL RECORDS PERTAINING TO MY SALES ESCROW/TRUST ACCOUNT(S) AND MY RENT PROPERTY MANAGEMENT ACCOUNT(S) HAVE BEEN PROVIDED TO THE INVESTIGATOR, THE ABOVE VIOLATIONS WERE BROUGHT TO MY ATTENTI THIS Typ THOR PAK DAY$ AND PROVIDE DBPR WITH PHOTOS, SKETCHES A TUKI. OF BROKER CITATION ISSUED YES OD NOTICE OF NONCOMPLIANCE YES NO Loree SIGNATURE OF INVESTIGATOR COMPLAINT DOCKET! YES (©): Pursuant ty s, 455.225 (3), F.S., the Commission sets forth rules which are considered minor violations for which the DBPR shail provide a licensee with a notice noncompliance. A violation of a rule is considered minor violation if it does not result in economic or physical harm to a person or adversely affect the public health, saf. or welfare or create a significant threat of such harm. The notice of noncompliance shall only be issued for an initial offense of 2 minor violation. ADWUINISine : VOT Tt VIOLATION: | CORRECTIVE ACTION: DUPRAREDAR 08 PINKALICENSEE: Exhibit_____——_ Page 2 ¥_ WHITEFUELD OFFICE YELLOWMOQ ade ralteiits Ai Shins eae aes — 4Monthly | Reconciliation Statement Real Estate Trust Account "SRLORIGA ASSOCIATION OF REALTORS® te ES. To be used in compliance with Chapter 61J2-14.01212), Florida Administrative Code @ 1. Trust Account Reconciliation Information Luk, Name of bank: Name of account! . Account number: T/ Zab BE Reconciliation for the month of Date used for reconciliation: ro LD Bank statement periad Ag 49 Y VE Oate reconciliation vedere ~ 2. Adjusted Account Balance ndin' Kk, its Not Credi Date Check # Amount Date Amount $ $ Ending account balance (for staternent period): —- $ ‘G R Add deposits not credited: + $e OT — Subtract outstanding checks: - § Te * Total (this is the Adjusted Account Balance 7 ’ 6 as of date reconciliation performed): $ MSR Re si ws Alt Rights Reserved . fa ABATINRSTEORTI VE COMPLAINT. “XHIBIT # pap IE: — Se ae TC OF extibit_ 272 + 3. ftemized List of Broker's Trust Liability Peconciled Esiance a fF FA performed): Total of Broker's Trust Liability (Total of all deposits received, pending and being held by Broker as of the date reconciliation 4 EUS Le $e 4. Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: Adjusted Account Balance (fram paragraph 2) $ 4 6/ é A Broker's Trust Liability (frorn paragraph 3) $¢ iS LA Lh - lf Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconciliation Statement. If Adjusted Account Balance and Sroker's Trust Liability do not agree, complete the following to explain the difference Then, sign the Reconciliation Statement. (1) Shortages: (Adjusted Account Balance is fess than Broker's Trust Liability) Total Shortage: 5 Reason for shortage (i.e., nsf, service charge, negative balance): ied MSAR~t Rev. 9/97 ADMINISTRA COMBEAINT Rights Reserved ; CXHIBIT # : wi oR page 274 Exhibit_____— nye Scnucr Taken (2} Overages: L/ 6. J b ZB (Adjusted Account Balance is more than Broker's Trust Liability) Total Overage: S MELON Check only if applicable: O Overage is due to deposit of Broker's own funds (not exceeding $200.00) into account for maintenance purposes in accordance with Rule 61U2-14.010(2). Other Reason for Overage: Corrective Action Taken: aw, yi. , Broker, reviewed this monthly statement/reconciliatic LL iF on "Broker's signature (required on ail Reconciliation Statements) This form 's avaiable for usa by the entre real estate ndustry and s not mtended to idertiy the usar as a REAUTOR REALTOR is a registered Cotliecive members mark that may De used onvy by real estate licensees who are Memoers of the Naticnal Assocation of REALTORS and who suascnite to ts Coce of Ethics, The copyngnt taws of the United States (17 U.S. Code) forbid the unauthonzed reproducton of blank forms by any means: inauding facsimde or comoutenzed forms. MSR = Rev. 9/97 = ©1997 Flonda Associaton of ReaLtors®) All Rights Reserved ” ADMINISTRATIVE COMPLAINT. EXHIBIT #. ‘ PAGE > oF ' ‘ ‘ . . Exhibit. == Pane APG To be used in compliance with Chapter 612-14.072(2), Florida Administrative Code ation 1. Trust Account Reconciliation Info! Name of Dank: Name of account: Account number: CL. 4 Reconciliation for the month of , Lf . Date used for reconctiaton: O__ fe Bank statement period 2 / / SO, through Z / L/ Date recencitiation performed: . / C/ 2. Adjusted Account Balance Qutstanging Checks Qenosits Not Credited Date Check # Amount Date Amount $. $ Ending accaunt balance (for statement period): $ _L ISS GA Add deposits not credited: + $ Subtract outstanding checks: - $ + Total (this is the Adjusted Account Balance 5 . as of date reconciliation performed): S) / / a B COMPLAINS rose All Rights Reserved . ; [k Exhibit...29 Page. SOS ; wisn ARMUDHIS TRAZ AY, EXHIBIT. # PAGE. vy. Memizec wist of urokers Trust Liability Bien! Fransacrer Mare: Reconciled Saianca $ eee $ eee Total of Broker's Trust Liability (Total of all deposits received, pending and being held by Broker as of the date reconciliation ~~ o _ performed): $. 4. Comparison of Reconcited Trust Account Balance with Broker's Trust Liability: Adjusted Account Balance (from Paragraph 2) $ LLES G. ; $ a If Adjusted Account Balance and Broker's Trust Uability agree, sign the Reconciliation Statement. Broker's Trust Uability (from paragraph 3) If Adjusted Account Balance and Broker's Trust Uability do not agree. complete the following to explain the difference. Then, sign the Reconciliation Statement. (1) Shortages: ‘ (Adjusted Account Balance is less than Broker's Trust Liability) Total Shortage: $ Reason for shortage (i.e.. nsf, service charge, negative balance): MsR-< Ala INST Rife} ¥, COMPLAINT, ronse All Rights Reserved . EXHIBIT # . : : PAGE . 0 «OF Exhibit Page 327, (2) Overages: / KES. . Total Overage: $ ‘ & (Adjusted Account Balance is more than Broker's Trust Liability) Check only if applicable: O Overage is due to deposit of Broker's own funds (not exceeding $200.00) into account for maintenance purposes in accardance with Rule 61J2-14.010(2). ere hin HA ay HE SCY ET Corrective Wy, SO Wile) totlié” LY Gh Ly 7 pf on Lhe @ AN ple h. bo JE Broker's signature (required on ail Reconciliation Statements) Broker, reviewed this monthly staternent/reconciliation This form 's avaiable for use by the entre rea estate Ndusty and Ss not mtenced to entity the user as a REALTOR, REAITA ss a regstered collecuve memoersh:o mark that may ce used Only by real estate loensees who are mernders of the Natonal Assoaanon of REALTORS and who supscnde to its Cade of Ethics. The copynght laws of the United States (17 U.S, Code) forbid the unauthorzed reproducton of blank forms by any means including tacsimie or computenzed forms. MSRA-4 = Rev. 9/97 ©1997 Florida Assoaaton of REALTons® All Rights Reserved ” D ADMINISTRATIVE COMPLAINT. EXHIBIT. # | ) PAGE OF Exhibit. Page 3 QS” ‘(Ser fo Jot 2 SSIONAL REGULATION DIVISION OF REAL ESTATE Doe Ornice INSPECTION & ESCROW/TRE OUNT AUDIT FORM a FLORIDA DEPARTMENT OF BUSINESS AND PROF name vr wnonn SAa cons Laff F name or noni 1314171819 14 GROKER LICENSE # OKOKER LICINSE 4 CLIT) NAME OF BROKER, NAME OF IROKER BROKER LICENSE # Crit tit WROKER LICL # mae 11 tir NAME OF BROKERAGE . LICENSE # OF BROKERAGE PHONE, 34 it 7 aL Ww If cad sé °° 90 b3ATB ES: 837-1988 STREET a 4 dD = coy COUNTY. Pala 2S oonTaIn LR. #704 Desrn OKéloosa BASY/ Yis_NO. REMARKS ‘OFFICE (RULE 6132-10022 & 023) z 1 REQUIRED OFFICE SIGN (RULE 6112-10024) _ v AGENCY OR TRANSACTION GROKER DISCLOSURE VA (RULE 6112-10.036 & 037) STATEMENT RECONCILIATIONS (RULE 6112-14 082) SALES: TOTAL FRUST LIADILITY Evian 02.0 a . ee bss > RECON. BANK BALANCE 1B 442,87 Canondover AMOUNT aa Eo (i RECON DANK WALANGE (SHOR T/OVER) AMOLINT RENTAL, DISHRINUTION fOFAL (RUST HIAIELILY RECON DANK UALANCE SHORTAQVER AMOUNT REMARKS: Mo Reagan. AaceswTs 7 GaAsvr Waid FRUNATURL OF VESTIOAT Zé NLO anhtae CITATION ISSUED YES NO #: NOTICE OF NONCOMPLIANCE YES NO. COMPLAINT DOC! Pursuant wo $. 455.225 (3), F.S., the Commission sets forth cules which are considered suitor violations for which the DBER shall provide a licence with s waive of noncompliance... A viulation of a rule is considered minar violation if it does not result in econotnic or physical harm lo & person ow adversely affect the public health, anfety, Ff welfare oF create & significant threat of such harm, ‘he notice of noncompliance shall unly he issued fur an initint offense of » minor viulatlon VIOLATION: q CORRECTIVE ACTION: Dernageve.te wri orice ree uwnog Pina COs Exhibit __¢ ADMINISTRATIVE COMPLAINT ; EXHIBIT #: _ Monthly Reconciliation Statement Real Estate Trust Account FLORIDA ASSOCIATION OF REALTORS® To be used in compliance with Chapter 612-14,012(2), Florida Administrative Code 1, Trust Account Raconciltation information : Yaa. Name of bank: Name of account: y ALL te” Accaunt number: LO 4 Date used for reconciliation: 7 ALA Reconctilation for the month of Bank statement period Z t Date reconciilation performed: 2. Adjusted Account Balance Qikstanaing Checks Raposits Not Credited Ending account balance (for atalement period): of 4LG Ve WL Add deposits not credited: + Subtract outstanding checks: - $ A Z ‘ Total (thie is the Adjusted Account Balance + Le. au of date fegonatianee performed) ‘ s L . ( MSR-4 Rev.907 ©1907 Florida. Association of REALTORS® All Rights Reserved ‘This form is Hownsed tor use with Forwmalatae® Forms Software v3.0 800-936-1027 ADMINISTRATIVE COMPLAINT EXHIBIT ¢_/2 PAGE lL oF 3. Itemized List of Broker's Trust Liabltity yp file Hidde DLL 20 Total of Broker's Trust Liability (Total of all deposits received, nding and being heki by Broker as of the dale reconciliation ‘ Pentre ee nD 5026, 000 00 4, Comparison of Raconcied Trust Account Balance with Broker's Trust Liability: Ay Y43 Jd Adjusted Account Galance (from paragraph 2) $ Brokers Trust Liability (trom paragraph 3) , $. : 000 ge if Adjusted Account Balance and Brokers Trust Liability agree, sign the Reconciliation Statement, a . it Adjusted Account Balance and Broker's Trust Liability do not agree, complete the following to explain the difference. Than, sign the Reconcillation Statement. (1) Shortages: WNajusted necount Balance ts less than Broker's Trust Liability) Total Shortage: s L58/. IS. ~— Reseon tor shortage (Le., nef, service charge, negative balance): g ( MBR-4 Rev.@67 ©1907 Florida Association of REALTORS® All Righte Reserved This form is Koensed for use with Forremslartner® Forms Sofware v3.0 @00-336-1027 ADMINISTRATIVE: COMPLAINT EXHIBIT #__/0 PAGE ! 4 oF ad 7 (2) Overages: Ga ed Account Balance is more than Broker's Trust Liability) Total Overage:$_ Check only If applicable: [j Overage is due ta deposit of Broker's own funds (not exceeding $200.00) into account for maintenance purposes In accordance with Rule 612-14,010(2), Other Reason (or Overage: Corrective Action Taken: 5. Signature 7) 1) on ‘Ghise! eh Yop LLL JE Sroker's signature (required on al! Reconciliation Statements) ‘The form be available for use by the entire real estate Industr) Collective memberahip mark that may be used only by real a ubsctibe to ts Code-of Ethics, The copyright laws of the United Gtates (17 U.S. Code) forbid the unauthorized reproduction af blank forime by any mesne including fecainvie oF computerized forms. Fon intended to idertity, the User as a REALTOR®. REALTOR® in a registered lcensens who are mambers of the National Association of REALTORS® and who { MSR-4 Rev. @R7 ©1907 Florida Association of REALTORS® Alt Right Reserved Thie form ie kcensed for use with Formulator Forms Software v3.0 600-336-1027 ADMINISTRATIVE COMPLAINT EXHIBIT #__/0 PAGE: y) OF “OMINISTRATIVE COMPLAINT, ~AHIBIT ofp fl ———___~-— ~ AGE "OF | Monthly Reconciliation Statement Real Estate Trust Account FLORIDA ASSOCIATION OF REALTORS® .To be used in compliance with Chapter 61.2-14.012(2), Florida Administrative Code 1. MSR-4 Rev. Q/Q7 01907 Florida Association of REALTORS® This form is Hoensed for use with Famnnmntatar® Forne Software v3.0 Trust Account Reconciliation Information —_— Date used for raconeiatlon <= Ly Bank statement period’ Date reconcitation performed: Adjusted Account Balance Quastandina Checks, Date Check # Amount Oate Ending acoount balance (for statement period): $ ry Z 459, 57 Add deposits not credited: + $ Subtract outstanding checks: - $ Total (this is the Adjusted Account Balance . ‘@8 of date reconciliation performed): $ YO VEE EI All Rights Reserved (000-936-1027 ooge_ 28 tibia 09° $s. $ $ ¢ sLVOe~ $ $. §. $. 3 s . $e $ $. $. $. $ SR aS Total of Broker's Trust Liability (Total of all deposits recetved, 4G, pending and being held by Broker as of the date reconclltation HEMLG Performed): $. 4. Comparison of Reconciled Trust Account Balance with Broker's Trust Liability: VA US (5 . 5 7 Adjusted Account Balance (from paragraph 2) J! ~ Broker's Trust Liabiiity (from paragraph 3) . SOG £0 Wf Adjusted Account Balance and Broker's Trust Liability egree, sign the Reconciliation Statement. Adjusted Account Balance and Broker's Trust ability do not agree, complete the following to explain ine difforence. ‘Then, sign the Reconcliation Statement. (1) Shortages: (Sb. WS {Adjusted Account Balance is less than Broker's Trust Uablity) Total Shortage: §. el Reason for shortage (Le., nef, sgrvice charge, negative balance): eet Pio Bom spt Me-donle—— ( S8R-4 Rev. 9497 ©1007 Florida Assaolation of REALTORS® All Rights Reserved (hie form 18 loensed tor use with Fowwreatatanr® Forms Software v3.0 800-336-1027 AD Wi raAliVE CUiWeLAINT EXHIBIT, ¢ 10 _. PAGE _9 OF (2) Overage (Adjusted Account Balance ts more than Broker's Trust Liabillty} Total Ovarage: § a heck only If applicable: C) Overage is due to deposit of Broker's own funds (not exceeding $200 06) Inio account for maintenance purposes In accordance with Rule 6142-14,010{2). Other Reason for Overage: Corrective Action Taken: 5. Signature ys Lik i: LL. 04 Broker, reviewed this monthly statement/recuncikathor of [le . odtinl lip Broker's signature (required on aif Reconciliation Statements) ‘Tis forme available for une by the entire real estate industry and ie not intended to Kdentity, the user as a REALTOR®, REALTOR® In» register collective member ahip mark that may be used only by real eatule licensees who are memntecrs ef ne National Association of REALTORS® and wi subscribe to Ke Code of Ethice, The copyright laws of the United States (17 U.S. Code) forbid the urmulhorized Feproduction of blank forme by sy means inciiding facalmile oF computerized forme, MER-4 Rev. G97 ©1997 Florida Association of REALTORS® All Righta Reserved ‘This formn i hicerrsed tor use with Formusiatas® Forma Software v3.0 (000-396-4027 ‘ ADMINISTRATIVE ‘COMPLAINT. EXHIBIT #_-/0 | Pace OF ot Monthly Reconciliation Statement Real Estate Trust Account FLORIDA ASSOCIATION OF REALTORS® .To be used In compliance with Chapter 6112-14.012(2), Florkta Administrative Code 1. Trust Account Reconciltation information Name of banic Name of account: Account number: Reconciliation for the mont) Bank statement per! fh Date reconcitiation performed: _/___/_.__ so 2 Adjusted Account Balance Qitatanging Checks, Rovosits Not Credited Date, 4 , . Date e, ZL 7 (00. Eh: | — eee —_— —_——— —— —— —_— ee —_——- ee —_——— __ Ending account balance (for statement period): $. B57 Add doposite not credited: + £2 Subtract outetanding checks: ~ $. : Oi Total (this le the Adjusted Account Balance 4 as of dato Toschai performedy: . $. 30 a MSR-4 Rev. Q07 ©1907 Florida Association of REALTORS® AU Righta Reserved Tis form is loensed for use with Formmaartme* Fore Software v3.0 600-256-1027 ADMINISTRATIVE COMPLAINT. EXHIBIT #___/0 - PAGE 2 OF : ° 3. Itemized List of Broker's Trust Uabtity 1 Naam CMY LUGS ayy AG LLE CO TT Total of Broker's Trust Uabiiity (Total of ait deposits received, Penang and being hekd by Biker nec eb reconciliation TS OCO G7 if Adjusted Account Batance 8nd Broker's Trust Uabitty egree, ‘sign the Reconciliation Statement. 1 Adjusted Account Balance ang Broker's Trust ability do not ‘agree, complete the following to explain the difference Then, sign the Reconchiiation Statement, 1) Shortages: 4 ee aoa Balance Is teas than Broker's Trust Uabiiity) Tota Shortage: § (53. #3 oem Nowaed i ne ws Farweautetar” Foors eo ar vg 900-396-1027 Yh Exhibit __Page — T ADMINISTRATIVE COMPLAIN EXHIBIT #_/O PAGE OF (2) Overages: (Adjusted Account Balance Is more than Broker's Trust Uabltity) Total Overage: $ oo en Check onty If applicable: Cj Overage im due to deposit of Broker's own funds {not exceeding $200.00) into account k maintenance purposes In accordance with Rule 61J2-14.010(2), . Other Reason for Overage: Corrective Action Taken: 5. Signature Mille ov . . ptt he WA Broker's signature (required on alt Reconciliation Statements) Tha form ie avaliable for use by the entire real estate industry and is ot Intended to kdentity, the user as 5 REALTOR®. REALTOR® ta a regiatere Sohective membership mark thet may be used Only BY real eatate licenewes who are macnbere of the Netiona Association of REALTORS® and wh subscribe to He Code of Ethics, The copyright tawa of the United ‘States (17 U.8, Code) forbid the UneUthorized reproduction of biank for: Including facaimile of Computerized forme, « hah me by any means including facal MER4 Rev.997 01997 Florida Association of REALTORS® Alt Rignte Reserved Miia form is lioermed tor vee with Fesrwewatatooe= Forms Software v3.0 800-99¢-1027 ADMINISTRATIVE COMP LAINT, | exHiBiT #___/D______—— PAGE A ___. OF _____—- Monthly Reconcillation Statement Real Estate Trust Account FLORIDA ASSOCIATION OF REALTORS® To be used in compliance wit Chapter 612-14,012(2), Florkia Administrative Code 1, Trust Account Reconciliation Information Account number: Reconciliation for the momjh of Bank statement varus Date reconciliation performed: LBD 2 Adjusted Account Balance Date used for reconctalon=? 047 Ob jh Qiéatending Checks Qeposits Not Credited Date Check # Amount Oate Amount —_ $ —____ —_. —__ —~ -_—_—_ —___ _— ——____ ae Ending scoount balance (for statement period): _$ SKE IS HY, Bs JSP Add deposits not credited: + § ‘Subtract outstanding checks: - $. wit ie ais erence 3 I MG SF MSR-4 Rev. 7 ©1907 Florida Association of REALTORS® All Rights Reserved ‘TWe form is howrmed for use with FarmMertmer® Farms Software v3.0 (000.936-1027 Exhibit. Pane HIS ADMINISTRATIVE COMPLAINT SXHIBIT pe Pat i?) Pea ae oe , 3 Sere a Total of Broker's Trust Uabitity (Total of aii deposits recelved, Pending and being held by Broker as of the date reconciliation Pertormed): Comparison of Reconciled Trust Account Balance wii “we ! qi | ven | FE LO GL {Or une with Forweilatar® Forms Software v3.0 (000-336-1027 Exhibit 4 Ith Broker's Trust Liability: bE? Adjusted Account Balance (from paragraph 2) $ . Broker’ Trust Liebilty (rom paragraph 3) , $. : " Adjusted Account Balance and Broker's Trust Liablitty agree, sign the Reconeltiation Statement. Adjusted Account Balance end Broker's Trust Liability do not agree, Complete the following to explain the difference Then, sign the Reconciliation Statement, (1) Shortages: . B 4 3 (Adjuated Account Batance Is teas than Broker's Truet Uability) Total Shortage: s LGES- #3 _ Reason for shortage (L0., nat, service charge, negate batancey: Corrective Action Taken: WSR-4 Rev. Q07 1007 Florida Association of REALTORS® AN Right Reserved ADMINISTRATIVE COMPLAINT, EXHIBIT #___/ DARE 0 36 _ Jl oF (2) Overages: aajasted Aesount Balance is more than Brokers Trust Liability) Total Ovarage: $ - heck oaly if applicable: (] Overage is due to deposit of Sroka Own funds (not exceeding $200.00) into arcount foi maintenance purposes in accordance with Rule 612-14.010(2), Other Reason for Overage: Corrective Action Taken: 5. Signature Ct, LLM L : Lb: VA ‘Broker, reviewed thie monthly slatemenvrecontilation n LE lal a a oety £, lib heat Broker's signature (required on alt Reconcitlation Statements) cueerica Membership mark thal may be used ony Dy real estate lcensese who are members of Ihe National Association of REALTORS® and wt subscribe to tte Code of Ethics, qn SOPYFight awa of the United Statee (17 U8, Code) forbid the urmuthorized reproduction of blank forme Dy any means including facelmite OF Computerized forme. MSR-4 Rev.Q07 ©1007 Florida Aesociation of REALTORS® All Rights Reserved This form iv Kconsed for use with Forenastetor* Forme Software v3.0 (000-296-1027 Exhibit ADMINISTRATIVE COMPLAINT, -¢ Monthly Reconciliation Statement Real Estate Trust Account FLORIDA ASSOCIATION OF REALTORS® . To be used in Compliance with Chapter 61J2-14.012(2), Florida Administrative Code 1. Trust Account Reconciliation Information Name of account: . Account number: LL. L 7 Ii). Reconciliation for the month of & . Date used for recon Goo Le Bank statement pertod WLS ough Date reconcivetion partormed: ff 2 Adjusted Account Balance Qidstandiog Checks Renosits Not Credited Date Check # Amount Date Amount OH ST se as $e — a ee a — — —— ee — — _ — — — ee ee ~~ —_— _ — — —_ ee a ee ee —_ ee — — _ —_ — ee se _ —___ — — ~_— — —— — —~_ Ending account balance {for atatement pertody: $. ‘ 57 Add deposits not credited: + 3. Subtract outstanding checks: - $ oS cite’ Are oate — GAWS7 MER4 Rev.907 01907 Florida Association of REALTORS® All Rights Reserved This form i Hoenwed for use with Forrmalmtur® Forms Sofware v3.0 000-3361027 6s Exhibit aw 2 — AUIS LAL Ive COMPLAINT. EXHIBIT #_/0 . PAGE | OF ° 3. itemized List of Broker's Trust Liability CELT Cpotaya CP aw ww waewvnee un we we 1 $_. - Total of Broker's Trust Liability (Total of aif deposits received, Penang and being held by Broker as of the date reconcidation : MEL. CO 4. Gompartson of Reconcited Trust Account Balance with Broker's Trust Liability: YY Sf Adjusted Account Balance (from paragraph 2) $ apc Broker's Trust Uiablity (from paragraph 3) . $ * . Mf Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconcillation Statement. Adjusted Account Balance and Broker's Trust Liabilly do not agree, complete the following to explain the differenc Then, sign the Reconciliation Statement. (1) Shorta: iS ajusted Account Balance Ia less than Broker's Trust Liability) Totat Shortage: s_ [555.43 Reason for shortage (|.e., nef, service charge, negative balance): a ea ee Correcthve Action Taken: 'MGR-4 Rev.07 01007 Florida Assoclallon of REALTORS® All Rights Reserved ‘This form te toensed for use with Formas enue Fonte Software v3.0 800-396-1027 Exit ‘ ADMINISTRATIVE COMPLAINT (2) Overages: {Adjusted Account Balance Is more than Broker's Trust Liability) Totai Overage: $. fae nee Check only if applicable: C) Overage is due to deposit of Broker's tea funds (not exceeding $200.00) inio account fo maintenance purposes In accordance wilh Rule 6112-14,010(2), Other Reason for Overage: Correctlve Action Taken: 5. Signature Ly —Sben W b : Lip fo »Broker, reviewed this monthly statemant/reconciilatior ao LOR GRY Broker's signature (required on all Reconciliation Statements) ip udscribe to ite Code of Ethics, The copyright lawa of the United States (17 U.8, Code) fortid the uneuthorized reproduction of blank forme Including faceimile or computerized forme, - ° seme BY em eae Inctuing fa MSR-4 Rev. OT — @1857 Florida Association of REALTORS® All Right Reserved ‘This form is loeneed for use with Feemnudimcoe Forme Software v3.0 800-336-1027 ADMINISTRATIVE COMPLAINT. : EXHIBIT #__/0 " ; PACE 1D Oo aa UR Monthly Reconelliation Statement Real Estate Trust Account FLORIDA ASSOCIATION OF REALTORS® To be used in compilance with Chapter 61.2-14.012(2), Florkta Administrative Code 1, Trust Account Reconciliation Information sense COLD | Name of account: LA pp Lok CALL . Account number: LOW DOG 2. Reconcittation for the ih of, Bank statement period Date reconciliation performed: _./__/ 2. Adjusted Account Balance Qutstanding Checks Dovosits Not Credited Date Check # Amount Date Aimount $ $$ \ ee —____ —_— ee Ending account balance (for atatement period): 3 bs : 57 Add deposks not credited: + Subtract outstanding checks: - $ ‘Total (this je the led Tal ge te Aunt gcoun Gtance , _ IVYES? MSR-4 Rev. G07 1007 Florida Association of REALTORS® All Rights Reserved — ‘This torm is Hoensed for use with Foomantatar® Forme Sottware v3.0 900-336-1027 xia Page EXHIBIT # 0 3. itemized List of Brokers Trust ability Chie ‘ransection Ni ' Reconciled Balance Cadel 7 CRDMNE CVE & $e $ ee $s so $e : so so so so : se $e se $e so ee se Total of Broker's Trust Uability (Total of all deposits recelved, Pending and being held by Broker ae of the data Teconcilation Pertormed): %. 4. Comparison of Reconciled Trust Account Balance with Broker's Trust lability: . SF Adjusted Account Balance (from paragraph 2) $ a Broker's Trust Uabiity (from paragraph 3) . $ 1 {f Adjusted Account Balance and Broker's Trust Liability agree, sign the Reconciliation Statoment, W Adjusted Accoum Balance and Brokers Trust tabi do not agree, complete the following to. explain ILe difference ‘Then, sign the Reconctiation Statement, my (1) Shortages: . (Adjusted Account Batance Is fase than Broker's Trust Kabitityy Total Shortage: s [EEF GI Reason for shortage (Le., nef, service charge, negative balance). Corrective Action Taken: MSR-4 Rav.G47 ©1907 Florida Association of REALTORS® All Righte Reserved This form is Hoeneed for use with Furersatatua® Forms Software v3.0 900-396-1027 ADMINISTRATIVE COMPLAINT. EXHIBIT #__/O - PAGE __|“) OF {2) Overages: (Adjusted Account Balance is more than Broker's Trust Uabillty) Totat Overage: $_ Check only if applicable: ) Overage is due to deposit of Brokers oon funds (not exceeding $200.00) I malntenance purposes in accordance with Rule 6142-14,010(2), thar Reason for Overage: Corrective Action Taken; 5. Signature rf oatty. he ed ‘Broker, reviewed this monthly statement/reconcitiatic on SOLO? Broker's signature (required on all Reconciliation Stetements) This form ie avettable for Uwe by the entice real ectaie Inckistry ant {9 not intended to idendity, the user ase REALTOR®. REALTOR® in a registered Collective membership mark thet may be used ony by reel salute Noeneees who are merhbers of the National Association of REALTORS® ond wno subscribe to ita Coda of Ethics, The copyright lawa of the United States (17 U.S, Coxe) forbid the unauthorized reproduction of blank forme by any means including facsimile or computerized forme. i MBR-4 Rev. 07 — @1807 Florida Aasociation of REALTORG® All Righte Reserved ‘This form le lomceseed for Lom with Iemrmrvaaliatzow Forme Software v9.0 (000-396-1027 ADMINISTRATIVE COMPLAINT. EXHIBIT #_yO : PAGE _{[Y OF_ ee eee Tih wut vest fhe vii Aw OANA Loow ti PRA MU 90ue49C099 goT-'S-01 MON 12:27 PR COMPASS BANK DESTIN Fax WO, 9048371249 re ___ el a #¢ OFFICIAL RECORDS # ne T IN THE COUNTY COURT IN AND FOR OKALOOSA COUNTY, FLORIDA ANCHORS, FOSTER, MCINNIS & KEEFE, PA. a Profeseiontl Association, at OFFICIAL + Plaintift, ene Case No. 01-742-CC SHARON L. WIL PARADISE PROPERTIES, INC., FEN wnt 2 te Wi a e tia | | 4 Florida corporation, | | | Defendant. fl eo yr ot ot 2S ca th PINAL DEFAULT JUDGMENT eke i & ‘AV eo a re ghar iad en ig TO Sah AND. AGAINST DEFENDAN y ba “ r ao © ‘2 staKON J. WILE, PARADISE PROPERTIES. TSS % ro rs = 3 ”Y 4 - & wer eter a an yea ESE Qo che bh W This action was determined after entry af default against the Defendant ’$ Wilf, Paradise Properties, Ine. and IT IS ADJUDGED: 7 That Plaintiff Anchors, Foster, Melanis & Keefe, P.A., recover from Defendant sharon L. Wilf, Paradise Properties, Inc., the sum of $12,830.83, taxable costs in the amount 3120.50, fora total of $12,951.33, that shall bear interest at the rate of 10 percent per annum, for all of which Jet execution issue. DATED this the U_dayof FILE # 1874842 ROD: i i 2ut{ @ 12;32PH Newnan C. —_ Brackin, k, Oro OY. Fe COMPLAINT. oe septs eee . EXHIBIT , 1 ly a ib: “oof | okge _ [| OF ____— Cohibit Pana SO Mak .e 2402 Tit " Lovet. TM. VUE ADO CAN A Lomi AU ROTe 3-0) MSN 12028 PH COMPASS BAR E5718 nro 9048371249 pw ; a) cm fr . 44 OFFICIAL RECORDS #4 BK 2849 PG 1874 Pel — | [hereby certify thats pre copy of the foregoing has been fmished to the following addvessec(s) on this the day of Sepr + 001. Lawrence Keefe Sharon L. Wilf Anchors, Foster, Mclnais &K Keefe, PA. C/o Sharon L. Wilk, Paradise Properties, Inc. 909 Mar Wait Drive, Suite 1014 215 Mountain Drive, Suite 104 Ft, Walton} each, FL 32547 Destin, FL 32541 Registered Ageat for Defendant Atiomey fo: Plaintiff ++ OFFICIAL RECORDS +9 & ra {202 ee nore ADWANISTRATIVE COMPLAINT. EXHIBIT #. PAGE _. 2 OF 2 i cana HERAT OT CuUL : Co peewee wus AL de te ee ee yOP=2S-0) MON 12:26 FM COMPASS BANK DESTIN Fax Ne, 9048371249 4 JN THE ' SQUNTY COURT IN AND FOR OKALOOSA COUNTY; FLORIDA ANCHORS. FO"TER, MCINNIS & KEEFE, P.A- a Professional Association, Plaintiff. Case No. 01-742-CC vb. SHARON L. ¥ iLF, PARADISE PR DPERTIES, INC., a Florida corpo: ation, Defendant, and COMPASS BANK, Gamishe.:. . xX oo ! % ‘THI STATE OF YLORIDA: TO ALL AND STIN'SULAK THE SHERIFFS OF THE STATE: YOU ARE COMMANDED T 0 SUMMON we Gamishee to answer this Writ or to service a copy of tris Writ and Summons on the Garnishee. NOTICE, Compass Bank as Gamishee, whose atdress is 34905 Emerald Coast Parkway, Destin, Florida. You are notified that Def andant Sharan L. Wit, Paradise Properties, Iuc., is indebted to Plaintiffon an unsatisfied judgmentio theamoun: of $12,95 1,33 plus interest and costs, No {ater than 20 days after receipt of this Writ, you are required to file in writing an answer to it stating whether at the time of service of the Wrii, or at the tine of filing your answer, or at any time between such times: : n y Fehn M. Hille, yer xy e ops id ‘ AD Le . cated ol Ex INISTRATIVE COMPLA an I ete /2 INT va yee! ‘page | J —L__ oF . et Mika ed Syke cee LUT ine eae MU ee oves 2-62 KOM [de PM COMPASS BANK TESTIN FAX $0, 9048371249 40. Ld 1. You are or were indebted to Defendant, and if 80, in what amount. 2. What tangible or intangible personal property of Defendant is or was in your possession oF control. 3. Whether you know of any other person jndebted to Defendant of who may have possession OF control of property of Defendant. You must serve by mail a copy of your answer on Plaintiff's attorncy, Larry Keefe, 909 Mar Walt Drive, Suite 1014, Fort Walton Beach, Florida 32547. After receipt of this Writ, you may be liable to Plaintiff up to the amount of the unsatisfied judgment, for any debt from you to Defendant, and for any of Defendant's personal property in your possession of control. Further, you ace required to retain any such debt due Defendant, subject to the provisions of the Federal Wage and Garnishment Law, 8 summary of which is attached, and to retain the personal property of Defendant ponding further court order. . FAILURE TO ANSWER THIS wRIT OR TO RETAIN THE DEBT OR PERSONAL PROPERTY MAY MAKE YOU LIABLE TO TBE EXTENT OF THE UNSATISFIED JUDGMENT. One Hundred Dollars ($100.00) has been deposited into the escrow account of the court to assist obtaining the service of an attorney in oe this Writ. _, 2001. WITNESS may hand and seal of this court on ADMINISTRATIVE, COMPLAINT, EXHIBIT #__!D~ OAGE i: 2. _ Exhibit, _—-_—_—sPage a 7 Compass Bank DEBIT Atty Fee PROOF COPY —, | ATTORNEY FEE CUSTOMER DEBIT C .erations Compliance Support : — | ACCOUNT NAME ACCOUNT & PREPAREL BY OATE ; | Sharon L wilt 71710629 DelaineNewion , 111972001 o ! APPROVED —y : - : | ADOITIONAL INFO REFERENCE / SERIAL # AMOUNT | FL - Garnishment LV-1002956.004 25,00 ' ' 483821024 ; LL SOG 200.b8Er 7&7? 206 29u" “g YOcooo0 asag. Compass Bank DEBIT Levy Fee PROOF Copy ~~ j | LEVY FEE CUSTOMER DEBIT Op 'ratians Compliance Support ‘ = ACCOUNT NAME ACCOUNT # PREPARED BY DATE ' | Sharon t witf 71710629 aine Newton 1471972001 | I Wer ta | . APPROVED B TT i ADDITIONAL INFO REFERENCE / SERIAL # PROVED BY AMOUNT ' FL - Gamishment LV-1002956,001 75.00 i 453821024 \ ; 1 — NOG eOOlsEE PUP eOG 2qu 65 rooo0cd 7saoc. Compass Bank DEBIT MEMO . Bloase inquire by FLORIDA | Information: Additional Info r FL - Gamishment 453821024 OUR CUSTOMER: Sharon L Wilf 215 Mountain Or Ste 104 Destin, Fl. 32541- LEVY #LV-1002956.001 ‘repared by: Beiai cprovesty ee ACCOUNT NO.: 71710629 — OATE PRINTED: 11/19/2001 | awoun -: 6,591.63 | DEBIT DATE: 11/19/2001 LH - ADMINISTRATIVE COMPLAINT. . /EXHIBIT #_/3 -PROOF COPY 7 MAGE [oF _ noo 36 SOG 200btsBG FF LOR 2QH 2 Exhibit ars ARAe corr: e - SHARON L_ 45 176 34073 a NOT FOR GENERAL LEDGER USE : Tra eet [qb lo Jolela TRA coe om) Sharan L. Wilf Paradise Propertits 10630839240 272740629" Shag get eeed Geee wees Ser wage Jor Tete WILF PARADISE PROPERTIES INC. ESCROW ACCOUNT ~ SHARON L. 1688 (PH. 850-857-1988 ea care (408-02 ome Compass Bank Exhibit 23000 :000000¢ Page wit a . : a yso1azose oplhtlrb Le . LEGS 80630239 2H 727 LOG2 I WILF PARADISE PROPERTIES INC. ESCROW ACCOUNT eoo0%g0 50000- AL . Ved ramnace Rant co.tans B== ADMINISTRATIVE COMPLAINT: . EXHIBIT #. | oF shed ere a ray 10 G2 O4' ony09/2802_ 1 4 rh SALE AND P' ee as tmotading a! Tenprovernems —— oe a \ 27p Lou S@ ri §612830310 pel 4:47 ese0377704 I | pagapise PROPERTIEST pace 83 It 1 4 Contract on OF REALTORS® r! Ano DESCRIPTION OF PROPERTY Hee) PURCHASE __ tt t Oecd OF ae,t-220h—— — TTT bearer? ctrst O eeoond purchase money terest ot ee 3 beter) (express we 2 dofat amnourt of poraertag®) Rome and prorations} ANN turd cfffetal cheek oF wired turds. plea) The unit ) epi heck, par unk cast Wareed ot a txed 9 ceiculation of Paragraph ecru ing Pertod. ‘etner party my enncel this documents provided PY ‘fan 98900) wee ota TOT ANNU Pa ‘eared payable 68 —_— ry obte to Better ond Torow forme gorvered eae ta i oaien and eoceeraion ot . rate cony rte poe nen Pave | TTT Ast ight Brower 0.0 naneneat Exhibit__c2.3 Page 34s ADMINISTRATIVE COMPLAINT EXHIBIT #__/S a “ARE __\— OF Aug 10 02 04:27P ipl 1 5612990310 _Balgs(2agg 14:47 | PARADISE PROPERTIES! pace fe” i 54 mortgages® opt un ager nett ey tn pay Nt 2 Sgn 52 tres) with Iteraat only to date ¢ are ur yan re i a nee 3 rt) ca re MY ar Property, wilh Setter ws Hone remed 54 froured. r eanhortzed Salter |itd obtain oredr, employment and other necencary Information 10 determine LJ creditworthiness for the finane! or vem, warns 10 they (ror, Effective Date, give Buyer wartten notice of whether of 56 pot Salter WH Mako the oar ‘ . Tal CG @) Mortange Assumptl yattake thle subject to and manure ond pay exteting fret mortgage 10 —_—— 0 Ss ” a a qhe aprtaximate armour Of $n currently paysdie st or 5 principe. qterest, () txxen and Treurence and having > Ofked 0 other eit (Geecribe}, —————- "7 | aT ae inderest rate ot ow Coan nek evesiate upon aenumnption, Fang variance in tha eorigage Wil be Ls adiusted )n the tstance due a ‘wih ne adjustment to purctraae price. Buyer wa purchase Sellers crow or certer tor coer, WF the! Tansee ICTATOVER ‘Buyor, ot the interest rate UPON Transfer exceeds —_—% oF thet or assumpbontranator fee excoey $i ie. other party may elect to pay the excess, Talling whtoh thie 6 agreement wl terminate ond Buydh cepoettin) wf be reaurnad. oT rat CLOSING Se 4, CLOSING DATE: OCCUPANCY! TT | ‘contract wit be cloned and the deed and possession defierad ono pefore Bo" Sohne tren witty AR aes Llanes extended by other prowtatone of this Contract. Ton Cloning Onte Inaurence 70 underwriting te suapended, Buyer (ray; poptpone closing tip to $ days after the Ineurance suspension & wed, ; " 8 re take gabe nthe county wee tha Property OO Tos tp dottecte artaing between the ttre n Set nee nee gaye rae 74 47. In adsnion to other experac® id we tne Contrach, Salter and Quyer wil pay the costa indicated below. 76 (a) Seller Costa: Sailer watt ply Hoxbe on the deed ened rear fees for documents headed to cure Hie; corumied, 7. led 81 aedenysterd Hens: ttle ev ot appricable unser Paregraph Sk Other: — —_—_— T UH or Josue rete Inspections; survey foo and mortgages and recording fee ‘on the deed ascesemert lens: tenders title eee OO 81 (o) Tithe Evidence and !su Shrek (1) of (2! 8 a(t) ‘Setter wal provide @ Hy ph Xe) 1) comer’ (tie incurence commitment as {Ite evidence. OGolter BiBuyer 8a" wil select the titte Spier Buyer ve pay for the owners (ttle policy, scorch. examination and (atated 8A el . Each party wit oh closing fee! ss DG) Satter wet proviso thle pide 43 npecitied in Pavogs eph aK) Osaller La Buyer wal pay for the owner's 118 6 end select the thle) | Setter wm 4 tees for thie searches prlor to cloutryg, wvohading tax searonl and Ten 87 search fens, ond Buyer feos end cloning f4cs. 88 (df) Prorations: The fonowing| q 20 tenes, Interest, bonds, oat 90 the current year arma DO eda . 91 (9) Tax Withholoing: Saye Fa mm require Seller to provide 93 sn i i PROPERTY CONDITION 94 LAND USE: Seller wit o inp rogerty to Buyer # the tine agtaed 19H prem 06 te" condition, Wath onions 98 reeulting from napectiong | ‘onguatty demege, if ery. excepted. Salter WE ain the landecaping and 08 grounds m a ¢ coneition|6 Poeun, "a ype ik wa tara a FP OT condor without ‘ayer’ pee gytien conser 48 (a) Flaod Zone: Buyer © [to verity Dy ourvey, with the tender srct WRN appropriate err wnich 99 flood zanethePr isn, od kreur Mey cared and wat restrition® aPPAY 10 roving the Property ond 100 sebuneding In th 401 Wrenn rt ehengen iene coaatore sd wm OVE Sry 12 fect Guyet’t a hana meaeang Ts core um Fema SAY he Pa ed (ed choloe (0)(2) Delo. . jr 105° expense and within ee from Enecthe Oats (CHreseibitty Btuay 108" i) mole andabaoata discretion. FOF -- — 10r° Pezeibitky Study Period. Buyer ey oe Be "s Phase | orc onemertay 105 =m Investigations pactiane”) that Buyer dooms nececesry t0 108 fenginesring, architectural wd Zoning MD 110° Buyer’ aanamage rece ef a copy tn page, mech m_ Pane Zot 8 PAT . vacd AN Rignte Reserv “Thte foren fo Rownead for ane wrth re v8.0 0004961027 ADMINISTRATIVE COMPLAINT EXHIBIT #_/ PAGE ____@ __ OF flug 10 02 041:27p Lou ob | ! 5612830310 Ray : fA ! p.3 oyna 2ga2 14:47 esees7778h i i PARADISE PROPERTIEST PAGE OS aa | i 444 Zoning restrictions; pubdMeton ktatutes; soll ond prade; xvalabiitty of acceas to pubic roads, Water, and other V2 uttinles, corsintency with Toess, tale and regional growth plans; avallatamy of permis, qovernmett optiate to determine the Property's ‘sutopity doeme appr roperty must, be rezoned, Buyar will ‘obtain the rezoning from the appropiate tet gr 113 npprovats. and feensen; snd grit Inspections that Buyer W4 tor the re intended usc! Pr 119 government agencies. Selle] ell documonts, Buyer Bs recptred 10 fle In connection wah " Ser ete , | l So Property st ary time curing the Feasibay 7 Setter gives 6 . fe ane oon ora and asaigna, the right to entar (ho Opens amy Sene curl in Fens 118 Study Portod forthe puspoeel? poppcractiong Inspections; provided, however, ‘thet Buyer, te agents. contractors and 19 qolgns emtor the Property . Irespections at their own 16k. Sayer wat ndernnity and hokd Setter harmiees 120 from fosses, damages, coats, 7 and expenses A 2, nchuding attorney's fees, expenses ond OabiRy 121 incurred ity for recconirey of related proceedings, and from Rabiitty to any person, Ing from the conduct of i ‘and aft Wee pections of arty authorized by Buyar, Suyer wi not In any activity thot could recut in 8 123 coretruction Ten nxt the Property wthout Setlors prior wekten: corgent. ¥ this transaction 124 alse, Baryer wil, ot york , (1) cepa ak damages to tno Property reeuRing trom ‘the Inepections and 123 returns Ihe Property to the ¢ ionint wae In prior to conduct of the inepactions, and (2) retense t0 Satter af reports 126 wed ether work generated oa a fexutt of the inspections. 127 Buyer WH deliver writen Folica; to Salter prtor to the expiration of the Powsititty Study Period of Buryer's 12m Gcterreinadon of whether of ‘nef te Property M ‘rccoptabie. Buyer's fxture to comply vf (hee potloe requirement 1a vail conatitute acceptance ain ‘ ‘ne auttatee for Buyar'e intended use in Re “26 is" condition, It the Property 190 fe unacceptable to Buyer 4 notiog of thts fact fe timely daltvered to Seller, thie Contract wal be doened at terminated as of he day eft ths Feamtality Study pertod anda and Buyer's deposits) wih De returned after Escrow 12 Agent coceives proper aut from at Interented part 133" O02) No Fonelbility Study) Je eattafied that the Property sutable for Brivar’s WUreeT es, notuding being 134 ssallnfted that exher public newelage andl water ord avalladie to the Property of the Prcparty walt be approved for the 196 Inatatiction of @ wall and/or } evveTage. diepdsal system end thet ‘exieting zoning and other pertinent roguietions +148 ‘and restrictions, such a \ Jon of deed restrictions, concurrency, qrowth management end ort 197 conditions, are saceptanie oa "rive: Contract te not contingent on Buyar conducting ery further krveatigations. 138 () Subdividnd Lands: Ht ti lcbhidact ie for the purchase of 5: Terds, defined by Ploride Law ee “(a) Ary 439 «(oon tand which wy Parchetided for the purpaac of ctapookon into, SD or more kote, 445 7, RISK OF LOSS; EMINENT 00 148 ov Sater negatates A oe nek domein proc {48 by written notice to the other wif i 149 socordance wth this Contract 151, TITLE: Seller WA convey mel 152 or guerdien deed 90 appropriate 10 155 fa) Title Bvidenos: The 104 Socordance with current iio st 455° WhICh prevent Buyer's Inte 158 restrictions of record, mattery 1S7 theres norignt of entry; curr 162 gubject only to title xa 13 @) An ontoting anstract 164 certified en comect by 165 Pre reaarded in tr 108 However if euch an abet 187 es 0 dese for remsuends of 168 wccoptnbie to Buyers dosing: 100 together with copies of 179 Sefer nan (1) above qt (or Ta “Te form (6 howrend for vec with Prarrvettl land, whether contiguous for inten fs dhided or propane to be ded ito t re status. Beach Net forth In thie Contract. Tate tit wai show fogal jaocess to the Property m ide adopted by jhe Florida Bur, subject 0 to the following thle exceptions, none of Hehe LU. : Omran : ecleting zen ‘and government reguistions: 0%, 98 1 martgage? nd Hclasing, detver to Buyer ‘Satler's chotoe of one of the folowing Property ts toasted apecty in Paregtaph 5a) the selected ‘County ond int sued by & Frorkletioensed titte ireurer ‘a tha amount of the purchase price ond erage, Safer Wil pay for coploy agent from the ipoilcy motte rected In the prior poll evidence delivered ne later then 10 days wnce end detver written natiae to Sellar, witwh S dyn from recetnt jatectn that mone the tile unmerketadle. ‘Saner vit have 30 daye (rom port of a comman promotional piar.”. Buy w Hay. |fnatscever for 4 perfad of 7 business 4 A from tha date on whKch Bune executes ola ‘within the iperlod provided, 2 on other property patd by Buyer wif be oniig fa ain 20 yeh 0 te oad devetopet. Mi ne af the Property te rroterlatty demaged by cacualty before ofealng, t thority to transfer ail or part of tre Proporty in feu ‘of eminent domah proceedings, inttated, Seley Will promptly wnform Buyer, Etter party may ooncel this Contract from Buyer'e rooeik of Sailers notiflostton, failing eich Exuyer wih close an payment made by the government authority or Waurunce compery, I arty. ‘| TIL tite to the Praperty by etatuory warranty deed of trusted, personel representative and mavketable tite of teoord In Satler + covenants, o9! and qed minotal rights of record ‘encumbrances thet ‘Seller wil ducharge st of tile evidence, botract fre ( rem to rot exdating, then sbectract must be ‘acourste synopale ef the Instruments: era the Property iv tecoted and certified tor ve a tithe patlay eacoptabte to me Dre ait policy 0 and certified to wroter Buyer’ aopaaesa7 ADMINISTRATIVE COMPLAINT: EXHIBIT y IS ee SAGE OF _ Aug iC 02 04:28p 2089/2862 44:47 | Lou Sobh| 8588377738 $6128390310 PARADISE PROPERTIEST p.4 PAGE 86 i 4 {ooeipl of Buyor's notice of B! (Carat "Setter cures the 173 ‘defects within the Curative Petlod, Saller will diver written notice to Buyer and the parties will close the transection on 176 Cloatng Date of within 10 days fide s receigt of Baller’ notice Cloaing Date hes pesced. # Seller # unable to 177 cure the defects within the Cur: ‘Selter wit deivar written notion te Buyor and Buyer wil, within 10 dove from 178 racelpt of Seller's notice, aither, thie Contract or accept ttle with exinting defects and close the trans 79 (6) Survey: Buyer may, prior tb, Date and at Guyer’a experse, have the Property surveyed and detiver written 190 notice to Salter, within S days pt of eurvey But no Inter than chaning, of amy encroachments on the Property. 101 encroachments by (he Pre ovemierta on other lands or deed rectriction of zoning Volations. Any such 182, encroachment or violation wat ew inthe same marner ny a ttle detect are Buyer's and Seiter's obigations will be 3103 determined in accordance with! sli oe oe) . any part of the Proporty Noa seaward of tha cosstol 188 construction control line, Seite Wil phovile Buyer with an aMdavit or nurvey a8 required by law delineating the (ne’s 185 location on the property, unless) f walves thie requirement In weiting. . Mi | 138 \ { MISCELLANEOUS 187 9, EBFECTIVE DATE: TIME: The “Effects Data” of this| Contract in the date on which tho last of the parties initiate or 188 signs the latest offer. Tima ia of the a¥egnce for af! provisions of this Contrsct, Alt time perlode expressed os Gays wit 189 be computed In business days (8) / 3 day” & every colender day oxcept Saturday, Sunisy and rational iegai 190 holidays), except for tlme periods great 60 days, whieh wil be computed in calendar dans. Wf any deaciine fais on ¢ 191 S@ttuday, Sundry of national legat Performance will be due the next business day, All time periods wil end ot 6:00 192 p.m, local [ime (meaning in the , a the Property| localed) of the appropriate dey, 19910. NOTICES: Alt notioes wit be rraaey patios and Broker by mall. personal delvery or electronic media, Buyor’s 104 faflure to defiver thmely written notion id Sefler, when such notice ip requitnd by this Contract, regarding any contingenchey 195 Wilrender that contingency null nd ! and the Contract will be construed ae If the contingency did net exlet. 198 11. COMPLETE AGREEMENT: Th Céntract Is the entire ayroement between Guyer and Sellar, Except for brokerage 197 8 mari, no prior of proxart ard rte will bind Buyer, Saller or Srojeer unless Incorporated into this Contract. 108 ldoctiteatione’of thie Gorttact +A tet ‘unless In ‘signed and defivered by the party to bs baund. Signatures, 199 Inttats, doournents referenced In tn counterparts and written modifications communicat electron of on 200 WIN be acoentable for all purpos ahd Wil be binding, Handwritan or typewrmtien terms Ineertad Wt oF 201 attachedtothls Contract prevail over: provision of thie Contract is or becomes Invakd or unenforceable, 292 AN remeining provislone wilt conti j wii ‘Ths. Contract wil not be recorded in any pudllc records. 203 12, ASSIGNABILITY; PERSONS 8 | Buyer may not assign this Contract without Seller's writen consent, The terme 204 “Buyer,” “Seller,” and “Broker” may td dinguiar or phi all Thie Contract Ws dining on the heirs, odmintstratore, cxcoutors, 205 personal represartatives and assi ted) of Guyer, Salier and Broker. 208 "AULT AND CASPUTE RESOLUTION 207 13. OMFANILLT: (a) Satter Default: If f paaon othor thor faiure of Setter to make Setter's sue ma corasie utter gent effort, 208 Seltar felts, refuens oF negteots to nie Contract, Buyer may chooss to receive a return of 8 depoak wRhout 209 Waling tha right to seek damages or| ud Nee 28 per Paragraph 16. Geller wil aizo be fable to Broker for Z10 the full ammount of the broker ape fee. (b) ‘Default: I Bayar fale to perform ttve Contract wihin tne thne specified, Inciuding 211 thmety payment of all deposls, Seiler choose to ret: fared collect all depoare paid anv agreed to be paid ao Aquidated 212 damages or to seek specific perfor, f a per Paragraph 16; and Broker will, upon demand, reocive of aff deposits . 213) paid and agreed to be paid (to be fay emong Ing brokers) up to the ful amount of tha brokerage fee. 214 14 CHSPUTE RESOLUTION: This under Florida Imw, All controvoratoe, chairs, and other matters In 215 question arteing out of or relating { an of this Contract or Rte brench wil ba settiod 08 follows; 218 (n) Disputes aonoemmg entitia (te made] and agreed to be made: Buyer and Seher will have 30 days from 217 the date confficting demands 9 fb to attempt ta feaotve the l¢ through mediation, ff thet fats, Escrow Agent 218 = wil submit the dicpute, f 90 § by Florita law, to Escrow chalce of arbitration, @ Florida court of the 219 Florida Reet Eetate Comminaton) yf and Satter wit be bound by amy resulting settlement of order. 220 (b} All other disputes: Buyar and Silller will have 30 days from the date a dlapute actues betwoon them to attempt to 221 feeotve tha motter through njddkitidn, falling which the partes WIN resolm the dinpute through neutret binding p74 arbitration in the county where thelPr te located, The arbitrator may not atter tha Coniract terme oF werd ay award wit be beved on the greater weight of the evidence end 224 ‘authority dn which tin based. if the parties sgrce to we discovery, K will 2s of CNR [Procedure and the orbRttwlot Wil reactive aN ducovery-telated l@ Rconsee Hamed In Paragraph 17 wit be submitted te erbitration only # the 234 . ta the proceeding, This clause wil survive closing. 2B ‘ ln @ process in Which parties sttemp to rescive a dtsputa by a9 ot| Who feciitates the resotution of the dnt tt wi ot empowared to oe =O 1 vat be In accordance with the tutes of the Ameriaen Artitration Aas ociation CAAA") mt hanies, The parifes will oquatty dhide Cre mediation fe6, tf any *Arbitration® bs « za (ay A hening before a neutral person wio decktoa the matter srt whowe za f bein accordance with the rules of Ine AAA or other arbasmtor spreod ‘ m4 a fo own fees, conte end expenses, attorneys’ foes, and ax receipt of @ copy ofthis page, which Is Page 4 of 6 Pages, vat Alt Pagres Revervod ‘Tite torn He }0 = 800-8304 027 Paga J €xhibd _ OMPLAINT. ADMINISTRATIVE C! | EXHIBIT #_/2 | sage __ ‘4 _— OF ———— Flug 10 02 O4:29p Lou Séb See al ime! 5612830 een. : it 310 nesn3/ 2202 14:47 g@8377788|) |, j paRADISE PROPERTIES vase uP! 5 i. Bs wad equally eplt Ine mrbttrators” and scien trative tear ot erparation. in et vation to engoren on arta aq | the pt eon stra be enti’ 10 fOr eae Rerevng party remorse aa | attorneys! term, coats and enw i] ity i i ze i! AND BROKER uw 4 ESCROW AGENT: and S| Mocrve, epost and told end othor tterne I Qad eocrow ered, audject to ciearance, authorize end In ace a ith the terns of tad Contract. combusting broker ‘han Escrow Ager WH ‘fot be fable to ony 2a3 ot encrened there Buyet, rusdetvery We due to E5ctow re wattid breach of the 4 Contract of groes TEONTENS Eucrow: mde eer, Cron A He 24G fihng (668 ‘coats from the o ry Tae me We eet 2 OOM A gee 248 Fm te unde or equa S| at TET rt iw preety any ASE DAT against Escrow yall be eros i$ ‘conparne to arbitrate. 248 16. PROFESSION BROK and Salter to verity oul tects and reprecentations 249 that ae Important to ‘them end to cars etonat for east ‘peice (1Or example, tterpe' . 250 ‘the effect ‘of laws of th; PG ‘et ttia, foreign UTvEstOr ting erent. 810.) Sar and for tax, Dopey © ion, ent ad . Buyer Maat Broker docs rot 252 reside in The Propecty 0d ‘thes | a, waiter OF “anerwese) by Broker re becad on Seller 363 represertstlone OF Paull rwcoTd9 UNITS pers vat cation of the rapes ertitin, Buyer a torely Pia somaly on Sener, sional {germs tr wertteation roonesnion art tacts we that matertathy affect Property ve reapectivery wit pay ait ‘coats and expanses. Inctuding: resgorable 758 storey?’ ors, HHrBCTOS, faleg Soom in Fe or araing from Buyers Selter's perfor rectal obligations. and Seller hors 73 hertess elenme Broker ang BF9 7 agers ™ aos orn 34 Kay oF Fone ON 259 based on (1 Buyer's oo ‘Selter’s | mieet perform contract cobagerions: (2) Broker's parformence, ot ‘m0 a andior Sellers Tequens T to Pipa of narvings requited UY Cregier 476, F.8,, 08 \ 261 Beading @roker’s referral.” oo fatlon Ol 2008 Odor, @) PrOGHTs, of SET ‘died by arHy VENT: 82 nd (A exporees i , Basel Galler each seurie (Us respons’ for selecting and ws commpanssttg ther respective Vere wal not fohene Broker of statutory ‘onngatlons. For purposes: ortie 254 paragraph, Broker will be treated t 0 te act, Ths partgr ayn ‘Will survive clos ig, a cat referred to an “BFOKet.” Setter end Buyer Pod cause of this {ramesction. In osing Agant: aT ‘vil omnount of the prokerage (606 8 parte: Fi) ‘the brokers, Uniece Broker hee tetelned such Pd pgraement®, alealeg agent. wil datzurse prokerage [008 2 x EI am 3 . ee HA SOOT icenre ae want Paced BF0) . a » prcrstinn PIPERS ma nm eter fire orvee ree! ae ‘eet Poreneed Ari { ‘enn arene ner foot or ‘et Perenare Pris) us a ae eee ; 7m {i ur i . extibit_______—-Pao* Ih, ADMINISTRA " RATIVE EXHIBIT i 32S oF. ——— ee /O9/ 2ANZ 1447 w gear (Check If appiteabie: CBuyer 38 Buyer ofere to puraharne the Pt 326° copy deivered 10 mT (ones deponl g2a" (Oste, 6 Pant 320" i esee377788 | | i! ' . ‘ANCE teri reat property aeolonure © we Buyer no ister than ! 1 s612630 PARADISE. PROPERTIES rmemert cemeern yronnen art oe MALT we, RENTON 4 Jovem eno cntmenren 100 eopsennaction oO An Rights Rareorved 3,9 @0o-eneAO2T pankthe advice of mn attorney wcknowtedge rwontet of 0009 OF eres men on serconsaa ate at sar Aare eee set jews ban Oe ey waren 17 310 priortonigning- trom Sefer before making the Offer.) wo Contr fe signed by Seller and o ee offer wil be . ennagea, tones tt et ‘tants sernures, YO ‘re oe ire ronrverntay mere coe ot THI rang tevetmate ov sommes er EF HE? page 2S Aug 10 02 04:29p Lou soph! ' 5612830310 88/99/2082 14:47 ie : p.7? PARADISE PROPERTIESI PAGE 69 0 1 Sale and Purchase Contract: 1) IE] Optional Clauses, 1 Pu A ASSOCIATION OF REALTORS® = i | ttpntcd.on nn. Overnte ha 8 phh___.__ {Seller} ORIG ere {Buyar) concerning the Property detcribed 4 Lit i we Ong It Intinkd by ON partion: ari - or! — ‘Ammociation: Sellers warrenty under Poragraph A af the Seis Property ond dows nit cterd to common eraes or facie desoribed below. ‘The following dues are currently checged by the homeowners! ‘satoctation, $5190.09. per none LL to. Destiny sy Tie. See bipannany ran! Aaeos pnt = s per 8 inne aan ee 7“ oo $e — hh ——_—_———— Tt ho. Dinclosure Suramary for (name of cont L 7 y Thy S08. —_ {HY As a perchaear of property i thi on Bayer vil be obiignted la be & member of & homewwrars’ eeaocietn. 2) There have boon or wl bn conor munity. | rie fovenants governing the use ond occupancy of propertiae (n thle com (2) Buyer wil be obligated to pay a8 907 to the aocectation, which gnsessments oro subject to pertodic changes. if oy et b iment for an iinprovernerd thet 10 substardially completed os of Effoctive Date, the assoctation impowae a Seller wl pay the aesesemert| pey aff other maaceaments, Seller ceprenents that he/ehe 's not awere of any ponding suneseriert excep! anjfotiows: $ ! ne wm could re tn alten on the Property, rent of lend ube (ere for recreational oF other commonty used feciiXies a an ret anaociafion, Wthere te such an obiigaiton, the emourt of {he current - _ 1 pe be amended without the approval of the mecotation memberanip. ure form are onty aummary in nature, end, #3 & pronpectve purchaser, Buyer soaletion governing documents, record eid can be obtained from the record office Wn tho county whare the to Buyere feture to pay these aetes6) | (4) There Cite Rie not an obfeaati 4 obtigetion of membership in the! obfigation ia S_. inh | (5) The'reatrlotive covenants Conn By (0) The wtetaments contained in thts / shoutd refer to the covenants aid {He 1 (Ty These documents ere mati | a fs located, Oate Pege _£., of Addencuen No, Fl All Rigtta Rewor ved ! 2. ! Exhibit Page... ADMINISTRATIVE COMPLAINT. exHiBit #_/S_ ae a OF 39/89/2802 14:47 8586377788 PARADISE PROPERTIESI FA lO FINANCIAL AGREEMENT By and Between Monir Lou and Georgia L. Sobh, SELLER, and Montana Land Co., " L.L.C,, PURCHASER, bereby agree to the following additional conditions and pertaining to the sell and chosing of Lot 4, Destiny By The Sea, Destm, Okaloosa County, Florida for a purchase price of $ 1,175,000.00. “PURCHASER” agrees to close on the shove referenced lot on or before 30 days from effective date on contract, The deed will be recorded and funds shall be disbursed accordingly. “SELLER” agrees to carry a second mortgage on snid lot in the amount of $ $00,000.00 with 6 (%) percent interest for 2 years. Principal and interest payments in the amount of $ 22,160.31 ta be duc and payable monthly beginning 30 days from closing date, Penalties for latc payrocats are 33 follows: A. Late charge of 5% of the payment due if payment is not received within 5 days of the due date. B. Should payment be late for more than fourteen (14) days, foreclosure proceedings shall begin on the 15% day. C. There will be no prepayment penalty. Terms and conditions of this second mortgage are more specifically detailed in the Mortgage Note attached, “PURCHASER’ will execute the Mortgage Note. Upon receipt of executed Mortgage Note "SELLER" agrecs to disburse to “PURCHASER” the total amount of $ 500,000.00. “PURCHASER” will be responsible for all closing costs incurred for the preparation and recording of said Mortgage Note, ‘This ogreement is contingent upon Sellor's review and approval of Purchaser's current financial statements and 1999 and 2000 tax retums. Seller shall have five (5) days from receipt of said documents for approval, . ACKNOWLEDGED AND AGREED this ui A day of ez aS. G___, 2002. SK Wok 2G! SELLER PURCHASER MONIR LOU SOBH MONTANA LAND CO., L.L.C. SELLER GEORGIA SOB, Exhibit_____—. P98 = ADMINISTRATIVE COMPLAINT. EXHIBIT # PAGE OF 16:22 17:82 9019252022 95003777688 07/17/2002 87/17/2882 FLORIDA LAW REQUIRES THAT REAL BUYERS OF REAL ESTATE, You should not assume that any real gatate broker of in an authorized brokerage relationshio, etther a6 a sl intormatian you want te be held in confidence until PAGE PaGE 11 DAVID CAGLE 18 PARADISE PROPERTIEST wera IMPORTANT NOTICE ESTATE LICENSEES PROVIDE THIS NOTICE TO ALL POTENTIAL SELLERS AND salesperson represents you unless you Agras 10 engage a reat estate Iicarse. la agent or a9 a transaction broker. You are achised not to disclose any make a dacision on representation. TRANSACTION BROKER NOTICE ENSEES OPERATING AS TRANSACTION BROKERS DISCLOSE TO associataa, provides to you a limited form of repre: 4. Desting honestly and fairly; 2 Accounting for all funds; 3. Using skill, cara, and diligence in the transact 4. Disclosing al known facts that materially affect 4 REPRESENTATION, Upper, THe. ‘ation that includes the following cuties; 18 valua of residential real property and are not readily observable to the bu. B Praaanting of offers and counterofier ir & timely manner, uniesa a perty has previously airected the Kceneee otherwise in wating; 8. Limited confidentiality, uniess waived In waiting accept « price kiss than the asking or llated prio ‘offer, of the motivation of any party for Selling or those offered, or of any other Infomation raquel 7. Any additional duties that are entered Into by thi Aghts to the undivided loyalty of the dceneee, This ag Dy assisting both tne buyer and the seller, bu a licenses cting ag a transaction broker to both parties, . rae nent te oan, & party. This tite confidentiality wil prevent dlacioaure that the seller wi) i that the buyer wil pay @ price greater than the price submited In a writter: ying property, that @ setter or buyer wil agree to financing terms other thas ted by @ party to remain confidential; anc OF by separate written agreornent, Fesponaile for the acts of the fcensse, Additionally, parties ara giving uo thn Of fimitud representation alows a scansea to faciliate a rea! estate transactisr will not work to reprasant One party 10 the detriment of the other pany wher ‘Tris form fe avaladve tor Lae by the entire rani evtate industry {faith Wich iby BO Led Gy Oy /ual eBIAIO KCENBAEN WO Oe, ‘The copvright tewe of the United Statas (17 U.S. Coxe) fork the aRD-30 Rev. 10098 (© 1999 Flortdn Associatidn of ReaLrons® by: C personal delivery Q mail G facsinne Wetec to dantity the user es 8 Pacron. Dieu.tom ts @ replstared colective memorytin; renforoa Natal Rocio nr sna ase Sat Bives. ect reproduction of bank forme by ay means incaxtng Iacavrde oF COMDUIENKEO torr AW Alon Meservad ADMINISTRATIVE COMPLAINT EXHIBIT # | Lg sane oe OF __ 8588377788 PARADISE PROPERTIESI PAGE 121 Brokerage Relationship Disclosure FLORIDA ASSOCIATION OF REALTORS® IMPORTANT NOTICE FLORIDA LAW REQUIRES THAT REAL ESTATE LICENSEES PROVIDE yes NOTICE TO POTENTIAL SELLERS AND ‘ QUYERS OF REAL ESTATE. ‘You should not assume that any roat estate broker or saloopenson reprecents you unless you agres to engage © real estate Noensee in an authorized brokerage retationship, ether ‘ingle agent of 86 a transaction broker. You ere adviced mt to diuclose any Information you want to be had In confidence unif you make @ decialon on repraventation. TRANSACTION BROKER NOTICE FLORIOA LAW REQUIRES THAT REAL ESTATE LICENSEES OPERATING AS TRANSACTION BROKERS DISCLOGE to BUYERS ANO SELLERS THEIR ROLE AND DUTIES IN PROVICING A LIMITED FORM OF REPRESENTATION. As @ trancactlon broker, _. fie soxocistes, provides to you d imnited form of representation that nohudes the fchowing duties; 1, Dealing honesty end falrty: 2. Accounting for al funds; 3. Uning skill, care, and difigance in the transaction; a Oteclosing a known facts that materiaity effect the vakie of realdential reel property and are not readily observable to the buyer; La Dresenting all offers end courterofters m a tnely manner, untese @ party hes previousty directed the Rcarsee otherwite wring: ond 6. Umited confidentiatty, uniess walved in wilting by = party. Thie Imited confidentiality will prevent disclosure that the seer ‘will accept @ price leas than the asking or Keted price, that the buyer wil pay @ price greater than the prog eutxnitted in = written offer, of the motivation of any party for celting or buying , that 9 seller of buyer wil agree to firenoing. terme other than thoae offered, of of ony other informetion requested by 3 party to remain mmtial; and 7, Any addittonal duthes that ace entered inte by this or by seperate writen agreement, . Umited represantetion mearm that a buyer or seller is nol responsitite for the pots of the Koermce. Adatlonsly, parties sre giving up thelr rights to the undhided tayefty of tho cennes, This aspect of imited raprasentetion atows a ficensee to factinate a rea) . eatete (ranpaction by saalating both the buyer and the weller, but a Noeneee wil not work to represent one perty to the dotrenent ‘of the other party when acting as # transaction broker to both parties, Mle fa lacked Mepsshest Ome Signature ‘Monir Lou Son SI re Coorg t. ‘This form te evaltnota fer vee by tho entire real cotets imivatry fred ha rot Wended to imantity the uit an REALTOR, REALTOR ino regener ed oatecthye member ei Merk whlch may be used erty by ree) entete litermoes who sre member e of ti Netieret Aemecigiion of REALTORS ane uno subsoriba to ita Code of Bthtes, The copyright lawn of the United Stati (17 U.6 Code) forbid the unauthorized rope oduetion Of Blank Forres by ity meena Including facelmite or oonputertied forme, PRO-kcb Pew. smo @ EDO Florian Anecetetion OF RNALYORR® Ail FOghts Racerved . ‘Tre form lo hoensed fer use Win Paw tit ertrar” Foire Sofwrmn V9.0 8002361027 fextigit ADMINISTRATIy EXHIBIT # E COMPLAINT Primary Account: 0077634673 (| Fompass — Page 8 Bank Mar OL, 2002 to Mar 29, 2002 ; SHARON L WILF, PARADISE PROPERTIES — GENERAL OPERATING ACCOUNT II . 215 MOUNTAIN DRIVE SUITE 104 DESTIN FL 32541 WULF PARATESE FRIOPERTIES INC, ERAL OF ERADSNG ACCOUNT MM Cart toe SUAPON IE LARAUISE PEOFRTHS GENERAL 7 ro Nuno L Ko Pitt TARATINE PROTETIES INC, RAL OPERATING ACCA, mus : _ crakear ree B12 eaten : $ - ee x + Ss AOG0% [cy ae TE compass Bank: (GQ Compan Bank re DE UBS ier, ee SOGIGUITEE 798 DUET Ww ISS paoD0O SE The Pw. HORIOUSTRT 770 FRET Ye ZANS ae fate if a, HOCIOLATI 776 AGG7 Ae Ke 7000007? aei7 iw 70000 2o00C SUAANCMG Le WILE CARATISE | VAGI PRLS 156, AHS 3 mnie, nC BIMO2 ie TNA 2 This St 1550.00 testcase tba eres SUARON 6, iF PARATRSCPROTY RTS PL ve GSFRAL NTE ACCOUNT nate maa t pRUSZe NOs :25000. Uae eter st i jw wanna Aa Soret Gomprss Bank yD. Compas Baok mC Bockinct” | PMOL Fae 71G INCT Ie BAT we DEUGAS «Aha Lf pererrererer MOGIOLINTGS PIE aLeY ae aeRe 00000 45637 700914550007 HOGIOMINIGE TIE $467 I BKB yQaOcOsSOUOr Rar orninere crag a ; SORT Re HSE ANT oe mst oo mee tient ru oe ORO Betas coe mae VIDOR — De wthe rom Mee wthe pot ISSA 3 1005.32. Faeroe eerie 149.5eP Gxt Whousaadl [acct Tacsemrs ec} |] WM cationic Oa CQ] corms tang Ys [2] Compas ttank ” wert htt d, ~ oo sate. name mene ROCIOLRTAVE 776 IKE? Be INSE = ZOODDGELTSEr SOR IONIFT 176 FKE7 3e BSS yoODRACOST Iv SRARON 2 TUF PARADISE PROPERTIES INC, GNU OIERATING ACIUUNE SVORGN L WILE PARAUISE PROCFRTTES INC, 2434 GENERAL GHEATING ACCOUNT . . 2 LOM 1. WILE TARADISE FROTERIIES INC, 2456 . . CANLRAL OPURATING ACCOUNT . weENERtnm nu GB1O2. regime af BIZG2 atm RIO exe Powe Leu S152 HH] sew (Ora. mer Ot : ‘HS Pet Le eae : Teale ; {any My aan x Soa et eee hen An tt Gee _ Atal ly Preis AAA 776 a 2° “70000009535. 8 a —___.___ ‘counted 116 1NG7.9" 2455 vocooUEasOy. atl AY FIGIDITVR 77G A6ET Fe WKSG — YOCCOOIS Zour Od ts WUT A TADISE FROFERITES ING uns SNR CEE FARRNG ACCENT srt aa near . ™ eet seine “ pw talac2 omy mez DO? Cope gL stro funds yo —din. [Bovmpastiank 377 “ase ro Mua - GAYS MOGSTAISTGE 770 3G? a” 2Ug7 —— SMUAKON L WILE PARADIS FROTERITES INC. CANERAL OTFAATING MXWUNT Peete 2. so mennttare meet 7 re Bi) ete fa Compase pAwnk32o° peste peng ition ro LUD « Seite 20 7COD09 234334 SHARED 1, WILE PAR ADO PROPERTIES IN CENTRAL OF URATING ACCOUNT. . i = ROAST coreg rtm y) oat sz moe ener ees ars : "ey eeatad RNP Oo ; Ey Compass thank pee fpotwiliy A I nteceat Sway eit pi cis hiro # | SOBIDEATIG PTE LEY a” BLK’ | vocgoRSSOOCY Waesotaszee 776 3NG7 te BEd 700000 25002, EXHIBIT # Lee OP . _ PAGE __/ OF. |. Exhibit 4 fhe SURE ILE TARAURE IROCERTIES AT. ye Use0.0 entisalcasaa ie 6 ae URINE WEF PARADOR FRUFERITES I. GENERAL USERATING ACCOUNT, Ne _ eee suf 1271302. “— Rowen DATE: TO: FR: SUBJECT: MEMORANDUM November 19, 2002 DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, LEGAL SECTION PROBABLE CAUSE PANEL, REAL ESTATE COMMISSION Sharon Wilf, Sharon L. Wilf Paradise Properties, Inc. 200083498; 200181878; 2002006095; 200083499; 200181879; 2001006097 DATE OF PROBABLE CAUSE PANEL MEETING: 11/19/02 MEMBERS OF PANEL AT THIS MEETING: Matey Veissi Herb Fisher I HEREBY ACKNOWLEDGE THAT I HAVE REVIEWED THE INVESTIGATIVE FILE IN THE ABOVE REFERENCED CASE AND BY AFFIXING MY INITIALS, HERETO INDICATE MY VOTE. FINDING PROBABLE CAUSE AND THUS TO PROCEED WITH ADMINISTRATIVE/INJUNCTIVE ACTION IN ACCORDANCE WITH THE PROPOSED ADMINISTRATIVE COMPLAINT/CLOSING ORDER/MEMO. 29 PAD Chairman Member

Docket for Case No: 03-000986