Jan 26 2010 14:00 B1/ 26/2018 13:56 4073177268 DRE LEGAL PAGE 83/31 STATE OF FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION FLORIDA REAL ESTATE COMMISSION FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, DIVISION OF REAL ESTATE, Petitioner, Vv. DBPR Case NO. 2007065597 FRANCES GAIL GEE, Respondent. ADMINISTRATIVE COMPLAINT State of Florida, Department of Business and Professional Regulation, Division of Real Estate (‘Petitioner’) files this Administrative Complaint against Frances Gail Gee (*Respondent” ) 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 is and was at all times material hereto a licensed Florida real estate broker, issued license number 380589 H:tac\gee.frances.doc Jan 26 2010 14:01 B1/26/2018 13:56 4073177268 DRE LEGAL PAGE 4/31 FDBPR v. Frances Gail Gee Case No. 2007065597 Administrative Complaint in accordance with Chapter 475 of the Florida Statutes. 3. The last license issued was as an active broker at Tradewinds of Mandalay, Inc., 19 Hwy. 40 West, Inglis, Florida 34449. 4. Respondent introduced Cara Shafer Cacioppo to Bruce Sculthorpe (Buyer) as a real estate agent employed with Respondent, the broker for Tradewinds of Mandalay Inc., (Tradewinds) . 5. Respondent knew or should have known that Cara Shafer Cacioppo, is not now, nor was at any time material herein, registered as a licensed real estate sales associate or broker in the state of Florida. 6. Respondent represented to Buyer that Cacioppo was a licensed real estate agent in the state of Florida. 7. On or about August 1, 2005 Respondent knew or should have known that Cacioppo, as an agent for Tradewinds, negotiated for Bruce & Julie Sculthorpe the sale of Subject Property 1 for $70,000 to Gustavo & Nathalie Roperto. A copy of the HUD is attached hereto and incorporated herein as Administrative Complaint Exhibit 1. 8. Respondent knew or should have known that Cacioppo negotiated for a real estate commission paid to Trade Wind for $2,800. H:Aac\gee. frances.doc 2 Jan 26 2010 14:01 B1/ 26/2018 13:56 4073177268 DRE LEGAL PAGE 85/31 FDBPR v. Frances Gail Gee Case No. 2007065597 Administrative Complaint 9, Respondent knew or should have known that Cacioppo was the person dealing with the Buyer in all matters pertaining to the purchase of Subject Property 1. 10. Respondent represented in all sales and purchase documents that broker Gee was the agent representing the Buyer. 11. Respondent knew or should have known that Cacioppo was at all times material, in bringing together Buyer and Seller for the sale and purchase of the Subject Property 1, with the intention that Respondent and broker Gee would receive compensation or valuable consideration, directly or indirectly, paid or promised, expressly or implied, for the transaction. 12. At all times material, Respondent had no title or any other interest in the Subject Property. COUNT ONE Based upon the foregoing, Respondent is guilty of aiding, assisting, procuring, employing, or advising any unlicensed person or entity to practice a profession contrary to Chapter 455, 475 or the rules of the Petitioner in violation of Section 455.227(1) (j), Florida Statutes and, therefore, in violation of Section 475.25(1) (e), Florida Statutes. Hi\ac\gee.frances.doc 3 Jan 26 2010 14:01 B1/26/2018 13:56 4073177268 DRE LEGAL PAGE 86/31 FDBPR v. Frances Gail Gee Case No. 2007065597 Administrative Complaint FURTHER ESSENTIAL ALLEGATIONS OF MATERIAL FACT 13. Petitioner realleges and incorporates herein Paragraphs One through Six above. 14. On or about August 1, 2005 Respondent knew or should have known that Cacioppo, as an agent for Tradewinds, negotiated for Bruce and Julie Sculthorpe the sale of a property known as Lot 206, Watermans Subdivision, Crystal River, FL 34429 (Subject Property 2) for $160,000 to St. Lucie Development Corp. A copy of the HUD is attached hereto and incorporated herein as Administrative Complaint Exhibit 2. 15. Respondent knew or should have known that Cacioppo negotiated for a real estate commission paid to Trade Wind for $6,400. 16. Respondent knew or should have known that Cacioppo was the person dealing with the Buyer in all matters pertaining to the sale of Subject Property 2. 17. Respondent represented in all sales and purchase documents that Respondent was the agent representing the Buyer. 18. Respondent knew or should have known that Cacioppo was at all times material, in bringing together Buyer and Seller for the gale and purchase of the Subject Property 2, with the intention H:\ac\gee. frances.doc 4 Jan 26 2010 14:02 B1/ 26/2018 13:56 4073177268 DRE LEGAL PAGE 7/31 FDBPR v. Frances Gail Gee Case No. 2007065597 Administrative Complaint that Respondent and broker Gee would receive compensation or valuable consideration, directly or indirectly, paid or promised, expressly or implied, for the transaction. 19. At all times material, Respondent had no title or any other interest in the Subject Property. COUNT TWO Based upon the foregoing, Respondent is guilty of aiding, assisting, procuring, employing, or advising any unlicensed person or entity to practice a profession contrary to Chapter 455, 475 or the rules of the Petitioner in violation of Section 455.227(1) (j), Florida Statutes and, therefore, in violation of Section 475.25(1)(e), Florida Statutes. FURTHER ESSENTIAL ALLEGATIONS OF MATERIAL FACT 20. Petitioner realleges and incorporates herein Paragraphs One through Six above. 21. On or about August 7, 2005 Respondent knew or should have known that Cacioppo, as an agent for Tradewinds, negotiated for Bruce & Julie Sculthorpe the sale of a property known as Lot 207, Watermans Subdivision, Crystal River, FL 3442 (Subject Property 3) for $160,000 to Orion Property and Sales Inc. A copy of the HUD is attached hereto and incorporated herein as Administrative Complaint H:\ac\gee. frances.doc 5 Jan 26 2010 14:02 B1/26/2018 13:56 4073177268 DRE LEGAL PAGE 88/31 FDBPR v. Frances Gail Gee Case No. 2007065597 Administrative Complaint Exhibit 3. 22. Respondent knew or should have known that Cacioppo negotiated for a real estate commission paid to Tradewind for $6,400. 23. Respondent knew or should have known that Cacioppo was the person dealing with the Buyer in all matters pertaining to the sale of Subject Property 2. 24. Respondent represented in all sales and purchase documents that Respondent was the agent representing the Buyer. 25. Respondent knew or should have known that Cacioppo was at all times material, in bringing together Buyer and Seller for the sale and purchase of the Subject Property 3, with the intention that Respondent and broker Gee would receive compensation or valuable consideration, directly or indirectly, paid or promised, expressly or implied, for the transaction. 26. At all times material, Respondent had no title or any other interest in the Subject Property. COUNT THREE Based upon the foregoing, Respondent is guilty of aiding, assisting, procuring, employing, or advising any unlicensed person or entity to practice a profession contrary to Chapter 455, 475 or the rules of the Petitioner in violation of Section 455.227(1) (4), H:\ac\gee. frances. doc . 6 Jan 26 2010 14:03 B1/26/2018 13:56 4073177268 DRE LEGAL PAGE 89/31 FDBPR v. Frances Gail Gee Case No. 2007065597 Administrative Complaint Florida Statutes. FURTHER ESSENTIAL ALLEGATIONS OF MATERIAL FACT 27. Petitioner realleges and incorporates herein Paragraphs One through Six above. 28. On or about September 20, 2005 Respondent knew or should have known that Cacioppo, as an agent for Tradewinds, negotiated for Bruce & Julie Sculthorpe the purchase of a property known as 1106 S, Ozello Trail, Citrus County, FL 3442 (Subject Property 4) for $285,000. A copy of the contract is attached hereto and incorporated herein as Administrative Complaint Exhibit 4. 29, Respondent knew or should have known that Cacioppo negotiated for a real estate commission of 3% of the purchase price paid to Tradewind. 30. Respondent knew or should have known that Cacioppo was the person dealing with the Buyer in all matters pertaining to the sale of Subject Property 4. 31. Respondent represented in all sales and purchase documents that Respondent was the agent representing the Buyer. 32. Respondent knew or should have known that Cacioppo was at all times material, in bringing together Buyer and Seller for the sale and purchase of the Subject Property 4, with the intention Hi\ac\gee. frances.doc 7 Jan 26 2010 14:03 B1/ 26/2018 13:56 4073177268 DRE LEGAL PAGE 1a/3l FDBPR v. Frances Gail Gee Case No. 2007065597 Administrative Complaint that Respondent and broker Gee would receive compensation or valuable consideration, directly or indirectly, paid or promised, expressly or implied, for the transaction. 33. At all times material, Respondent had no title or any other interest in the Subject Property. COUNT FOUR Based upon the foregoing, Respondent is guilty of aiding, assisting, procuring, employing, or advising any unlicensed person or entity to practice a profession contrary to Chapter 455, 475 or the rules of the Petitioner in violation of Section 455.227(1) (j),- Florida Statutes and, therefore, in violation of Section 475.25(1) (e), Florida Statutes. WHEREFORE, Petitioner respectfully requests the Florida Real Estate Commission, or the Department of Business and Professional Regulation, as may be appropriate, to issue a Final Order as final agency action finding the Respondent(s) guilty as charged. The penalties which may be imposed for violation(s) of Chapter 475 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license or registration or permit; suspension of the license, registration or permit for a period not to exceed ten (10) years, imposition of an administrative fine of up to $5,000 for each count or offense; H:\ac\gee. frances doc 8 Jan 26 2010 14:03 B1/ 26/2018 13:56 4073177268 DRE LEGAL PAGE 11/31 FDBPR v. Frances Gail Gee Case No. 2007065597 Administrative Complaint imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant or permittee 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 and Florida Administrative Code Rule 6132-24.001. The penalties which may be imposed for violation(s) of Chapter 455 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or permit; suspension of the license, registration, or permit for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or permittee to complete and pass additional real estate education courses; publication; restriction of practice; injunctive or mandamus relief; imposition of a cease and desist notice; or any combination of the foregoing which may apply. See Section 455.227, Florida Statutes and Florida Administrative Code Rule 6132-24.001. Hi\ac\gee. frances.doc 9 B1/ 26/2018 13:56 4073177268 FDBPR v. Frances Gail Gee Administrative Complaint Signed this /k PCP: MG/MV 4/09 H;\ac\gee, frances.doc Jan 26 2010 14:04 DRE LEGAL PAGE Case No. 2007065597 , 2009. FOR/PETITIONER er Leigh Blakeman ior Attorney Florida Bar No. 506877 Division of Real Estate Department of Business and Professional Regulation, Legal Section - Suite N 801 Hurston Bldg. North Tower 400 West Robinson Street Orlando, Florida 32801-1757 (407) 481-5632 (407) 317-7260 FAX wit RE OF Fiat ae ‘Ohésion of: Real ¢21]6.4. ena es ac teapot 12/31 Jan 26 2010 14:04 B1/26/2018 13:56 4073177268 DRE LEGAL PAGE 13/31 FDBPR v. Frances Gail Gee Case No. 2007065597 Administrative Complaint NOTICE TO RESPONDENTS PLEASE BE ADVISED that mediation under Section 120.573 of the 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 allowed by law, a hearing to be conducted in this matter in accordance with Sections 120.569 and 120.57 of the Florida Statutes; that you have the right, at your option and expense, to be represented by counsel or other qualified representative in this matter; and that you have the right, at your option and expense, to take testimony, to call and cross-examine witnesses, and to have subpoena and subpoena duces tecum issued on your behalf if a formal hearing is requested. PLEASE BE FURTHER ADVISED that if you do not file an Election of Rights form or some other responsive pleading with the Petitioner within twenty-one (21) days of receipt of this Administrative Complaint, the Petitioner will file with the Florida Real Estate Commission a motion requesting an informal hearing and entry of an appropriate Final Order which may result in the suspension or revocation of your real estate license or registration. Please see the enclosed Explanation of Rights and Election of Rights form. Hi\ae\gee. frances.doc iM Jan 26 2010 14:05 61/26/2616 13:56 4875177268 DRE LEGAL PAGE 14/31 on A. Settlement Statement US. Department of Housing ‘and Urban Development OMB No. 2502-0265 i | 8, Type of Loan : 4.0 FHA 2.0 FmHA 3.8Conv. Uning. | 6. File Number 7, Loan Number 8. Mortgage insurance Case Number : 4CQQVA 5,01 Conv. ins. 05-0391 0032350878 C. Note: This form is furnished to give you a statement of actual setilement costs. Amounts paid to and by the settlement agent are shown. items. marked "(p.o.c.)" were paid outside the closing; they are shown here for information purposes and are not Included in the totals. D. Name and Address of Borrower E. Name and Address of Seller F. Name and Address of Lender Gustavo Roperto Bruce Scultharpe SunTrust Mortgage, Inc. : Nathalie Roperto Julie Sculthorpe 14050 N.W. 14th Street, Suite 100 : 41216 B9th Place N. 5967 Villa France Ave. Sunrise, Florida 33323 West Palm Beach, Florida 33412 Ann Arbor, Michigan 48103 G. Property Location 9844 N. Burr Oak Terrace Crystal River, Florida 34428 H. Settlement Agent Harold B. Stephens: Place of Settlement |. Settlement Date 825 N. Citrus Ave. 08/01/05 Crystal River, Florida 34428 J, SUMMARY OF BORROWER'S TRANSACTION: K. SUMMARY OF SELLER'S TRANSACTION: 100. GROSS AMOUNT DUE FROM BORROWER 400. GROSS AMOUNT DUE TO SELLER : 104. Contract sales price [70,000.00 | 401. Contract sales price 70,000.00] | 102. Personal property 402, Personal property : 103. Settlement charges to borrower (line 1400) 2,849.18 § 403, _| : 104, 404, ' 105. 408. Adjustments for items paid by selier in advance: Adjustments for Items paid by seller in advance 108. CityAown taxes to 408. City/town taxes to Hl { 407. County taxes to 407. County taxes to i 108. Assessments to { 408, Assessments to |i 109, 409, 110. 4ig, 111. Ait. 1 112. 412, | 120, GROSS AMOUNT DUE FROM BORROWER 72,849.18 | 420. GROSS AMOUNT DUE TO SELLER. 70,000.00 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER 600, REDUCTIONS IN AMOUNT TO SELLER. 201. Deposit or earnest money 700,00 || 501, Excess Deposit (ses instructions) | 202. Principal amount of new lean(s) 63,000.06 | 502. Settlement charges to seller (line 1400) 6,716.25 | 203. Existing loan(s) taken subject to 503. Existing loan{s) taken subject to i 204. 504. Payoff of first mortgaga foan i 205. 505, Payotf of second mortgage loan ‘ 206. 508, ' 207. 507. j 208. 508. t 208. 509, ; Adjustments for items unpaid by seller *__Adjustments far items unpaid by seller ‘ 210. City/town taxes: to 510. City/lown taxes: to ' 211, County taxes 01/01 to 08/04 80.03 | 514. County taxes 04/01_ to 08/01 80.03} | 212. Assessments fo 512. Assessments fo i 213. 513. | 214, 514. | = 215. 515. : 214. | 516. : ay ! 217. 517. Q. ! 218. 518. | - 219. 519. i | 220, TOTAL PAID BY / FOR BORROWER | 63,780.03 | 520. TOTAL REDUCTION AMOUNT DUE SELLER 6,796.28. 300. CASH AT SETTLEMENT FROM OR TO BORROWER 600, CASH AT SETTLEMENT TO OR FROM SELLER. 304. Gross amount due from borrower (line 120) 72,849.18 | 601, Gross amount due to selter (line 420) I ____ 70,000.00 | 302, Less amounts paid by/for borrower (line 220) 63,780.03 | 602. Less reduction amount due to seller (line 520} 6,798.28] } 303. CASH FROM BORROWER, 9,069.15 | 603, CASH TO SELLER $3,203.72 nee Oe SEU AINE Pavey eer anata ad naehemate ciao a NN ECTS om constitutes the Gross Proceeds af this transaction, i iat ELLER INSTRUCTIONS: To determine If you hava to report the sela of exchange of your primary raskfortce on your texratum, age lhe Schedute BP (Form 1040) Inattuctions. W the reat astate was rol your : . primiery residence, complete the eppticable parts of Form 4797, Form 6252, anor Schetute D (Form 1 i ee . subject to chil or criminal we Fonelan imposed bye, Unto ponatlagal pode St cot Gapereentcaton rimban nn meme Younes baAiece Sottor: RESPA, HB 4305.2 - REV. HUD1(3/86) EXH | B T o EXHIBIT, PAGE PAGE Jan 26 2010 14:06 61/26/2618 13:56 4875177268 DRE LEGAL _ULS. DEVAKIMEN! UF HUUSING AND URBAN DEVELUPMENT SEHILEMENT SIATEMENT PAGE 2 L, SETTLEMENT CHARGES: File Number: 05-0391 PAID FROM PAID FROM 700, TOTAL SALES/BROKER'S COMMISSION based on price $ 70,00000@ _8.00= 5600.00| BORROWER'S Anueoe Division of commission (line 700) 2s follows: SETTLEMENT SETTLEMENT 701. § 2,800.00 to Tradewinds Realty 702. $ 2,800.00 to__Exit Realty The Destinations Group 703._Commission paid at Settlement 5,800.00 704. Transaction Fee Exit Realty The Destinations Group 195.00 800. ITEMS PAYABLE IN CONNECTION WITH LOAN POC, 801. Loan Origination Fee % 802, _toan Discount % __t 803. Appraisal Fee a to Residential Appraisal Service by STM 200.00 804. Credit Report to_Credco by Suntrust Mortgage, inc. 15.00 805, Lender's Inspection Fea lo 806. Mig. Ins. Application Fee to 807. Assumption Fee to iz 808. 809. 810. 2 811, Tax Service Fee ValueTree by STM. 78.00 812. Processing Fee Suntrust Mortgage, Inc. 190.00 { 813. Application Fee/NON-REFUND SunTrust Mortgage, Inc. 350,00 814._Doc. Review Fee Harold B. Stephens: 160.00 [ 815. 900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901, _Interest_from O8/0105 _to_—09/01/05_—@S. 12,0822 __fday 31 dayis) 374.55 902. _Mi je Insurance Premium to 903._Hazard Insurance Premium ys. fo 904. 905. 1000, RESERVES DEPOSITED WITH LENDER FOR 1001. Hazard Insurance mo. @$ fimo. | 1002. Mortgage Insurance mo. @$ /mo. jpote City property taxes mo. @$ {mo. 4004. County property taxes mo. @$ imo. 1005. Annual Assessments mo. @$ fimo. 41006. mo. @$ fimo, 4007. mo. @$_ fimo. 4008. ate Reserve for Hazard/Flood Ins, City/County Prop Taxes, Mortgage Ins & Annual Assessments 1100, TITLE CHARGES 1101, Settlement of ctosing fee to__Harold B. Stephens 75.00) 1102, Abstract of tite search to__Harold B. Stephens 75.00 1103. Title examination fo__Harodd B. Stephens 75,00) 11104, Title insurance binder to 1105. Document preparation to 1106. Notary fees to 1107. Attorney's fees. to (includes above item No: ) 4108, _Tiffe Insurance to_ Harold B. Stephens 4150.00 402.50) (includes above item No: Haraki B. Stephens ) 1109. Lender's coverage 63,000.00 — 150.00 4110. Owner's coverage. 70,000.00 —- 402.50 1114. re-issue credit for titfe ins. 81.25) 1112. Florida Form 9 Endorsement. Harold B. Stephens 49.13 1143. Endorsemenr 8.1 Harold B. Stephens. 25.00 1200. GOVERNMENT RECORDING AND TRANSFER CHARGES. 1201. Recording fees Deed $ 10.00__; Mortgage $ 154.50 _; Releases $ | 164.50 1202. City/county/stamps _ Deed $ i Mortgage $ 1203. State tax/stamps Deed $ 490.00 __; Mortgage $ 220.50 220.50 490.00) 1204, _- Intangible Tax 128.00 f 1205, 1300, ADDITIONAL SETTLEMENT CHARGES 1301. Survey to__Clark Surveying 450.00 1302. Pest inspection to. 1303, Bank Courier Fee Harold B. Stephens 30.00 | 1304. Courier Fee Harold B. Stephens 60.00 60.00) 4996, Flood Zone Determination evican Security Sy STM i 4.50 4306. _F.Z.D. Life of Loan Fee. American Security By STM 3.00 (1307. 1308. t 1400. TOTAL SETTLEMENT CHARGES (enter on lines 103 and 502, Sections J and K) 2,849.18 6,716.25] gp and belipr, itis a tre end accurate slatoment of all receipts and disbursements made on my account or by me in this Bruce Seutthorpe Jule Seuthorpe of this transaction. [have caused or will cause the funds fo ba diabursad in accordance with this statement, Harold 6. Stephens. Date WARNING: Rls 8 crime la knowingly make false statements ta the United States on this or any olher similer farm. Penaitias upon conviction can Include a fine alae ¢=11=10 soe: Tle 18 US, Coda Section 1001 and Section 1010. PAGE RESPA, H6 4305.2 - REV. HUD1{2/86) PAGE EXHIBIT. PAGE 15/31 Jan 26 2010 14:07 1/26/2616 13:56 4073177268 DRE LEGAL PAGE 16/31 Ww ent wna o OMB No. 2502-0285 2.0 FmHA ACIConw. nine. | 6. Fhe Number 06-0412 calernent of actual settlement costs. Amounts paid to and by the settiement agent are sfvrwn. Wert the ol ae shows hare fot information puapcues ard are nol Inckaind in the totals. re: Note: Thin form i furnished to. give you a oubsicke were paid 1517 20TH STREET, SUITE 3 VERO BEACH, FLORIDA 32960 &. Property Location LOT 206 WATERMANS SUBDIMSION CRYSTAL RIVER, FLORIDA 24429 20, GROSS AMOUNT DUE FROM BORROWER __ 200. AMOUNTS PAID BY OF IN BEHALF OF BORROWER, RESPA, HB 4906.2 -~ REV. HUD (3/86) EXHIBIT. PAG! Jan 26 2010 14:08 B1/26/2018 13:56 4873177268 eee DRE SEGAL PAGE 17/31 Jan 26 2010 14:09 DRE LEGAL - w B1/ 26/2018 13:56 4073177268 PAGE 18/31 OMB No. 2502-0265 fromichest: ststoment ‘cau! caldernant costs. Amcuutis peid to ond by the saitiernent agar are shown. items Met: Th ome rte Se ie ny farm bonne bead pean ae ar et eco ne ete F. Nante and Address of Lander 200, CASH AT SETTLEMENT FROM OR TO BORROWER 301. Groen amount chee from borrower (ihe 120) 302. Less emourts paid byffor borrawar (ine 220) 303, CASH. RO BORROWER 187, 184,14 | 803. CASH Ris) SELI ZR 442.38. RCDALE BrerdsenGan, PRESENT Fee Sette hh SX. RESPA, MEARS. - REV. HUDTCSBG) © EXHI B _— PaGE._t¢ 3 . Jan 26 2010 14:10 B1/26/2018 13:56 4073177268 . DRE LEGAL 1400, TOTAL: GHARGES (enter on fives 103 and 502, Sectone J and 4) fave conctulls sme’ tea HLA Seta Sistemas BP 1 ea Dad of iny krcwiecge and bedi, 2 a ite ghd Mneaction, Uutther cory fmt | nee mewiwod e-capy of tha HUG-1 Settneens Stetemart, vit latomnant arene ne RGAE ERNGBERCER, PRESHIENT VARRINGE 82 o-rrime to Knawingiy te TolG0 SlARnENS io tha United Bésten on this or any other sinter form, PeneiZion Upon COMMerion CAN INELISE Five er ‘morkrorement, Par debit sex: Tite 18 U.S. ode Section 61 amt Section HD, " ™ iia wor Tere . REGPA, HE 4205.2 «REV. RUDTSiee) PAGE 19/31 Jan 26 2010 14:11 B1/ 26/2018 13:56 4073177268 _ DRE LEGAL PAGE 28/31 et Sep 21 2005 9:19 Tradewinds Realty 252-563-0048 #8 | pel. Sep. 20.08 OG:88p — eqgeetoselend by on the tens and condone apuctied batwy the property dascrbed es: Adtiese: together with elt inprovernants. and attached tens, including fadures, built-in furnixhings, lulfi-in applences, cating tans, light fotures, attached wall-to-wall carpeting: rode, creperies andi other window coverings. The only citer fhemns included Zrerwesaens Senet reenact nine AY 1% The folowing atiachedtems ane exciuicied Torn Sys Uren, acre eat . 7 16 Tha real end personal property desaibed above as includad In the purchese is referred to an the “Property.” Persons! property A Iisted In this Contract} la Included in the purchase price, hae no canirizutory velue and ie odng lett for Seller's oorvertence. 7 PRICE AND FINANCING. 1? 2. PURCHASE PRICE: : $._____205.000.99 peyenie by Buyerin U.S, curmmncy as tilows: 7 GG a.se9.90 = Deposit mosived {checks are subject to PB Addiifione! deposit ta be deiverad to Escrow agent by or ___claye fromm Effectiva Date (10 deye If lett bland, 6 zo0eno. 00 Teal traning (ace Persgtenh 3 nelow) (oxprese os « Cot amount or peroartiags @e_ tee : @ 00,900.00 Belang ta close fot indudting Buyers closing costs, prapeld tems and proculions) Alliunds ‘ ek! et cheing mist be paid by locally ckawn aashier’s check, oficial bank chack or wired tance Eis Bioper ed pay omar br ne Pnperty wat no Sancing contingency Buyer wil apply for the financing specified In Paragraph 2c} et the prevailing inkereat rate and fosn coats besed on Ee asta Winn 3 __ days om Effective Date (5 days let blank) and prods Sefer fetter witin __$__ dave from Effective Date (30 days it epplicalion status, progress: CLOSING . 4. CLOSING DATE; OCCUPANCY: Unless extended by other provisions cf this Contract, this Contract will ba closed on Qubober 38, 3003 (“Ciosing Date’) at the time agtabished by the olading agent, by which time Getter removed af personel ams and treah from the Property and ewept the Property claen and )) detver deed, RESRSRSA BEAREEERISRR SRY § Hy sy atsg zz | ; F recdipt ofa copy of thie pags, which a Page 1 of 6b Pages. ADMINISTRATIVE C w Mur ind NY EXHIBIT #4: ¢ _ PAGE L OF Jan 26 2010 14:12 B1/26/2018 13:56 4073177268 DRE LEGAL 1 - PAGE 21/31 . ~ Sep 21 2005 3:13 Tradewinds Realty 352-563-0038 . p-2 Sep 20 05 09:59p : ne p.2 @ 5. CLOSING PROCEDURE: COSTE: Craing wi! tela placa in the couity whee the Property Is located and mey be conducted 81 by mall OF alactronic means. It Me freurenca faums Buyer for tte defects avieing between the tite binder effective diets and bd recording of Buyer's deed, oloehg agent wil dlsbumme al chang the net sxle proceads ko idler and drkcerage tees to Ecier as & par Paragganh 19, huackition to other esipenass provided in this Contract, Sali arid Bkiyer wil pay the casta indicaied below. (e@} Bod er Conte: Seller vl pay texts and euriaxee on the dead anc recording fess for dosumenta neaded % cure tia; (ol Buyer Ooete: Bayer wil Gey taces end recording tees on hotee end mortgeges: recording teas on the deed and fnanoing statements; joan expanses; fenders title poloy; Inepactions; survey; foot! Ineueance; hore werrenty plan: | (©) Tide Evidence and insurance: Gheck (1) or (2: ; in DICE) The tite evidence vil be = Fergraph 10taj(}) owner's tite hneurance comrr#inant as ie evidence, a Geller ©) Buyer ” dll petoct the title agent. a Seller Oh) Buyer wi pay for the owner's tiie policy, earch, exarrinaion and reletad charges. : . : t sapadiel asserernenis imposed ty emourt of Fens that are cortiled, confirmed and ratified bafore. closing and @) the arnount of the iset extimete of tha i en ererovernant ie substantialy complotd a of Effective Date but hae not reeuitectin a Ben before closing, end Buyer wil pey ; Tex Withholding: Buyer anc Sefier wil comply with the Foreiga Investment in Real Property Tix Act. which may require Seller to provide additional cash st closing tf Sear lea “oraign parsor? as defined by facieral law. : PROPERTY CONDITION : : 6. INSPECTION PERIODS: Buyer wil completa ary enc all Iepections of the Proparty &y ______, —__. fatthin 10 days from Effective Date i feft plank’ Cinspaction Period”); the walk-through Inapedtion on the day before Ciosing (Date or any-other time agweable to the parties; and the survey refenenoed in Paragraph 10%) by , (et eet 5 days prior fo closing if eft blank). . : 7. REAL PROPERTY DISCLOSURE: Seller raprosants thet Seller dose: not know of any facta that metertaly affect the value of the Property, inciiding ‘but-not inited fo violations of governmental eee, ruse and regulations, other then those that Buyer.” an readily observe or that sre known by or have been dieckesd t . ; . (a) Energy Eiiciency: Buyor acknowadges receipt of the energy-efficienoy: Information brooture required by Section 663.086, Florida Statutes. ; : : (0). Racon Gas: Aacion fs @ neiualy ooouring radiosotive gas that; when It has sccomutsiad ine bulking in euffolent — . povernment agencies: fcod zone the Property is In, whether foad insurance 's required end whet metrictiona apply to improving the Property and rebulcing in the evertt of casualty. ifthe Proparty ie in a Specie Flopd Hazard Area or Coastal Migh Hazard area erxi the puliings are built Glow the minimum flood devetion, Buyer may cancel this Contract by daivering written notice to Seller : witin 20 days from EXective Bele, fling which Buyar accepte exdating elevation of the bubdings and zone Uasignation of Homeoumers’ Ascociation: If membership in a homecwner’ sesoclation ls mandatory, an aseoctation dleciosre : summery Is etiecned and incorporated into thla Contraol. BUYER SHOULD NOT SIGN THS CONTRACT UNTIL BUYER ‘19 HAS RECEIVED AND READ THE DISCLOSURE SUMMARY. : 1 (6) PROPERTY TAX DISCLOSURE SUMMARY: BUYER SHOULD NOT RELY ON THE SELLER'S CURRENT 102 PROPERTY TAXES AS THE AMOUNT OF PADPERTY TAXES THAT BUYER MAY BE OBLIGATED TO PAY IN THE YEAR 1@ SUBSEQUENT TO PURCHASE. A CHANGE OF (OR PROPERTY IMPROVEMENTS TRIGGERS BEGHRESAESUENSRERES SEajs TETBAISS VSR LRH IES HRT AS co enn DTG eet Sater Wc yncirentcs ca copyot tia page, whisbls Page 2of Pages, LASSE Raw 1004 ©2006 Florin Asgoddtion of Fiescone? Ai Ache Fmervact ; ageeerie PUNVIN Ee EES Dv i GAA be IDS . EXHIBIT jh | ; page LOI exHipit__Ct PAGE Jan 26 2010 14:14 BL/ 26/2018 13:56 4a7al7r268 DRE LEGAL PAGE 22/31 owe ee te we wee eee eee Sep 21 2005 9:20 Tradewinds Realty __ _382-Se3-0038 f.3 _ Sep 20 05 ogsoop ~ . . , Ped =. {9 Mold: Mok ie ert ofthe natural ervronment that, when sccumudeted in eutichont quanitice, ray present health risks to . susceptisie serions, For more information, contact the county indoor air quality epecialiet or offer appropriate professional. 10 6. Aa Is With Pight.to inspect: Salier makaa no werantian othar than mertotablty of file. Seller nil keep the Property ln the 118 game condition from Effective Oate unt closing, except for nammal weer and tear [maintenanos requirement}, and wil = 138 Buyer waves the right to the inspection and wcoante the Property “as -le.” Sailer wil provide accere and utitiea for Buyer's 8 Inspections, Buyer wil rape al cemmages 1D the Property reauiing frm the Inspections end return the Property 1o Re pre candidon. '% © acceptable to Buyer. © rd {O eink trough brapectioe: Buyer ay wk theaugh the Property soll 10 vary thet Beller hes flllad fra coir tar- obligations. Nocither jesus may be releed aa a raeult of the wel¢hrough nepaction, . faa 8. RIGK GF LOSS: If say portion of the Property is camaged by fre or other casualty bafare closing wid oan ba restored 10 withit 45 days for the Closing Date fo substantially the same condition a3 R was on Ettsctive Bets, Safier wil, st Seller's. 4 expense, reatore the Property and the Ciosing Date wil be extended accordingly: Gefier vel not be obligated to raplace tres. 1% condition ee of the Efiactive Date, falling which ether nerty may cancel this Contract, If the Property is « condominium, this 198 Laney apd det siden spent iansrdessonienalcle vier blaine . 188 esecciation, thia paragraph wl not eppiy to commen slemenia or recreation or ofvar facahn. Ww ME Jat 10, TITLE: Sailer wit convoy markatabla le to the Property by stattory weranty ceed or fuses, parece representative or we Question dead as appropriate in Sellers satus, . 10 (of Tite Evidence: Tite evidence wil shaw legel soome to the Property end mesietable tte of racar! in Bele’ in 141 sccordence with current we ofancande adopted by tha Frida Ger, subject only to the fotowtng ite axexptions, none of te which prevent residential use of the Property: covenants, emuaments and restrictions of rscord; mations of plat; adsting 18 = zoning and government regulations; off, gaa and mineral rights: of record if there fe no tight of entry; cutrant taxea; 14) tmottgages that Buyer wil assume; and encumbrances that. Seller wil discharge at or befote closing. Sailer wil deliver to 6 Guyer Saller's choice of one of the folowing types of tiie’ évidence, which must be generally accapted ir the county where 140 thw Property is located {epecify in Paragraph 5{6} the eelactad type}. Geter wit wpe option (1) in Palm Beach County and a (1) A title insurance-commitmant kaved by & Ploride-licenead ti insurer in the amount of the purchese prio end ‘0s gubject only to #ile exneotions sat fortis in this Gontrant and deliverad no ister then: 2 days before Gloeing Cate, wie 6B Aa evisting sbstract ot te tor a reputatis and exdatng abetnét fir fer Benet eeing, then stack rast bo 6 f within the Curative Pariod, Sefer wil callver written notices to. Buyer end the partes will close the. bensaction on Closing Ouio or within 10 dave fiom Buyer's receint of Seter's notice ¥ Clady Date hes Deanne. fe ra tart rocatst a Curative Selter will detiver weitan: notice. to Buyer and Buyer wil, vitivin 10 days ftom receipt of . | 3a | ecenowiache renept ct copy oftie page, whichis Page S of SP agen. L ASS Pe TOO 6 2004 Fre Amacion oom Flaitn Feeerved tyeteetpe 167 ia8 108 \ q “160” ragaipt of Buyar’s. note of defects (‘Curative Petlod’) to-cure the defects at Salers exneran. If Seller cures the defeats: At) ee 138 1. DADAMS Fav, GLI ASS EXHIT PAGE _ B1/ 26/2018 13:56 4073177268 DRE LEGAL . wee * ——— oe Se - Jan 26 2010 14:15 coe PAGE 23/31 Sep 21 2005 9:23 Tradewinds Resity- 952-563-0038 ; p.4 gsagaaga § +77 Sunday or nationel legal holciay sre 1a. NOTICES: Al natioos wit ba race tho pari ais ctr by rs pero omy aeoten’ Dose Buyer's febure to. 10 that contingency radi and vokd and the Contrant wil be onnet ued as the comtngrmoy did not sodet. Ary nota, 42 orkem given te of recahad m Setter's notice, ther cancel this Contract or scospt fie with eofsting detects enw cioes the wansaciion. .. 9 Suey: Buyer on Buyer's expenee, heve tha Property eurveyedt and diver writen notice to Sater, wih 5 days ect SP ervey bot no tater han doen, of ery enctoechmants on the Property, enoraschimienta by the Property's Selter’s ‘ ” gabperagraph {bh} above. i ‘of the Property les seaward of the cpanel coretruction control ine, Seller wit provide . Ser rae or cureey en verre’ by lew datneating the line's location on the property, unleas Buyer welves thi wt render document byan citcorney or Broker (iciusling « transection brolcer} raptessniiog = party wl bs ae effective COMPLETE AGREEMENT: This Contract ls the ene agreement bakwean Buyer and Seller. Exout for brokerage 1% Sgreamtents, no prior or present eafeerents wil bind Buyer, Geter ot Broker unions Inoorporeiod Wito thie Contract, a iuis Contuct wi not be bindrig urtees in ating, signed or inlislad enct clalverad by ths Gerty to be bound es Moditications Wr This Convact, signatures, initials, docurnents relerenced in this Contract, counterparis and written modifications we peld art agreed be pak fo beep equalyemong operating civ cert inn donee ce ee oo eon 6. 16. DISF! wr fa 3 ~ the date = Fi] at ae me ma promidedi-for fr: thie. a6 ! ae ar estate fcensaa 16 becorw-a party tothe Fs (4) Madistion sid 20 one Sooo armen’ hr whic cage Broke’'s portion of the.denosita wil go solely * Florida Puies at Gi Procodkre end tha mcitrator wif reacke al decowery-reixied deputas. Any daputes with # ral r Expansen:. ng i to an Impartial mackator who facittaiae the reeolition of the Tamed h Poregraph 19 wil Ge subritied tc arbitration only i the licenwaete broicer consents fh wttng to Arbitration; cloaing. = - . “Mediation” prooses in which peries stternpt to reece 6 depuis by ar dipite but whols not empoweret to impose a - oul Stoner SE acknaviedgs meeipt ofa copy of this page, whichis Page 4 cf 6 Pages. . AOGE Rew @.200% ride Assocision of Perrone AN Pighta Pumerved igatare ; ADMINISTAA TIVE COA ELAINT Up EXHIBIT 4h EXHIBIT, . Sora SRO B1/ 26/2018 13:56 4073177268 BEE ae ee ave ’ Jan 26 2010 14:17 DRE LEGAL Sep 21 2005 9:28 Tradewinds Realty . _ 352-563-0038 settement ontha periles. Madiction wl be In accordance wih the nue of the: Ammancan Afitretion PAGE 24/31 . Agaoolation : Or offer mediatar ggreed on by the partes. The parties wil equaly Glide fhe mediation foe, ff any “Aubltration” fa a ! ! a i i is 47. ESCROW AGENT: Buyeraxt Soller euthorize Eocrow Agent is recive, deposit and hold finds: and ciier kems 1 escrow ond subject to cesranca, daburee them upon proper authortzsdion snd In scoordance wéih Flcrtd Line end the tars of this | a f i Z : i fess: The parties: aggea that Esorw Agent wit not ba table to ety person: for i i : i i rf [ i FE He THE | iiik a | f ! Buyer's andior: incumed damage basse on (i) Buyerta or Seller's. ment or falure #2: perfor cankactual abligetians; bein anil a ea ms - 2 n mt by eny vendor. Buyer end Seller esch assume tal reaponeibilty far: compeneniing ther 81 “hie paragraph wit not raileve Broker off eteautory abligationa. For purposes of this paragraph, Broker nll be roated se:a perty 1 290. thie Contract. This paragraph wil survive chelng. : . =m =m mm od i a = = = T ar Ran: : 1 x : Spee ee a AgaocisierLicanse No, Fd ° oe ADDENDA AND ADOITIONAL TERMS = - gs 90. ADDENDA: The following adkitional terme are noludectin addenda end incorpormied ints this Contrnot (check if appicebieh 290° CLA. Condo, Assn. OtintelwRightekepedt OO. interest Bearing Account OV. Prop. Disciosse Simi. _ a” OB. Homeowners" Assn. O21. inapections. OP Back-up Contract OW ARPA air OC, Seller Financing Qiu. Inaudation Disdicaune OO. Srier-FeshtinPop, . }at 1037 Gehange ar OD, Mat Assumption «OK. Pre-1e78 Housing Sint. (22). CHR, Rentals : QY Additions Clasase . eer OE FHAPinescng QL ineuwrarnce 12S, SolevLeaae of Buyer's Property Othe ——_—- ak OF VA Financing TAM. Housing Okder Persone =O. Regering Other, er OG.NewMort Rates CIN. Unimproved/Ag. Prop. =. Li, Assignment Othe * at 21. ADOMIONAL TERMS: 2 COMTICENT UFON. CLOSING OF THE BUYERE FROPERTY OM OCTOBER TTH 2505 ae . ne . Fa RC onc ater WK _) acirrndacge mnie fw copy oft page, nthe Page 8 of 6 Page. ‘Re. 10704 ©2004 Peride Associsfian of Peazone* Al Fights Resarved ADIN Do PRADO tS Lava aad EXHIBIT POY _ “igsteee PAGE OOF EXHIBIT. YH PAGE__= Jan 26 2010 14:18 1/26/2616 13:56 4073177268 DRE LEGAL PAGE 25/31 wee ype cee eee ee enn eee eee OTe eee eee ol Sep 21 2005 9:33 Tradewinds Realty . 352-563-0036 p.& : . . pe Sap 20 05 09: 02p : a : . r Ae PRUNE ORENSSRUONUEERESSS ‘Thés in intended! to be a legally bincingoonitract, not fully Lexderstoad, seni the acvioa of en attomen prior to signing. of tte Me a rat’ eel: priynt an . COUNTER OFFER/REJECTION sexx © Beller counters Buyer's offer (to accept the counter offer, Buyer tnust sign or nil the counier offered terme and daliver'a copy ser ofthe acceptance to Seller by 5:00 p.m. on. _____}. 0 Seller rejects Buyer's offer. : a Buyedt Pend Seller (___}((__} aokmewledgarecaipt of a.copy of this page, which fa Fags Gof 6 Pague. thie euftvere {x Licamsed te Crreneer flan - Yredacimds Realtor! sv, insteastfame-some sqneertpe ee Nt PALE Ca A PRP Ba ba Gs EP sek APE Ba i pace td

Docket for Case No: 10-000388PL