eee BC 90 JUN <9 STATE OF FLORIDA Wis PH 2: 29 DEPARTMENT OF BUSINESS AND PROFESSIONAL REGU ION os FLORIDA REAL ESTATE COMMISSION HE ARIA ve FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, z DIVISION OF REAL ESTATE, OO 2425 Petitioner, VS. DBPR Case N° 99-82212 JOHNNY GEORGE PETRANDIS, JR., Respondent. / ADMINISTRATIVE COMPLAINT State of Florida, Department of Business and Professional Regulation, Division of Real Estate (hereinafter "Petitioner") files this Administrative Complaint against Johnny George Petrandis Jr. (hereinafter “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 § 20. 165, Fla. Stat., , Chapters 120, 455 and 475, Fla. Stat., and the rules promulgated pursuant thereto. 2. ‘Respondent is ‘and v was at all times material hereto a licensed Florida real estate broker, issued license number 0481595 in accordance with Chapter 475, Fi la. Stat. 3. The last license issued v was as a a broker clo Petrandis Mortgage and Investment Inc., 1176 Capital Circle SE, Tallahassee, Florida 32301. » bad 7) FDBPR v. Johnny Petrandis Jr. Case No. 99-82212 Administrative Complaint 4. In September of 1998, Marie Pride (hereinafter “the buyer”) entered into a contract to purchase real property from the Respondent. A copy of the contract is attached hereto, incorporated herein and made a part hereof by reference as Administrative Complaint, Exhibit 1. 5. The seller of the property is listed as Johnny Petrandis I on the contract. The settlement statement reflects J-I Investments, Inc. as the seller. J-I Investments, Inc. is a corporation. Respondent is the director of J-II Investments, Inc. 6. A title search of the property indicates that the owner of record is a Donald J. Hall. Hall was not a party to the contract. 7. Pursuant to the contract, the parties agreed that the Respondent would finance the transaction with a mortgage in the principal amount of $15,600 bearing interest at 14.5% for 30 years. 8. The contract stated that at Respondent was purportedly operating 2 as a disclosed dual agent. Such arrangement was not a legal form of representation at the time 2 of the ¢ contract. 9. The transaction closed on or about October 1, 1998. A copy of the closing statement is attached hereto, incorporated herein and made a part hereof by reference as Administrative Complaint, Exhibit 2. 10, The Parties did not utilize a title company to complete the transaction. Respondent gave the buyer a copy 0 of a warranty deed. Ac copy of the warranty dedi is attached hereto, incorporated herein and made a part hereof by reference as Administrative Complaint, Exhibit 3. ' i 1 { { i FDBPR v. Johnny Petrandis Jr. © Case No. 99-82212 Administrative Complaint However, the deed was not recorded. The buyer did not obtain legal title to the property. The buyer did not know that title was not conveyed until she attempted to move on to the property. 11. Thereafter the Respondent refunded the money to the buyer and the parties agreed to cancel the transaction. COUNT I Based upon the foregoing, Respondent 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 § 475.25(1)(b), Fla. Stat. 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, Fla. Stat., 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 r offense; imposition of investigative costs; issuance of a reprimand; ; imposition 0 of probation subject to terms including, but not limited to, requiring ‘the licensee, registrant or permitee to complete and p pass additional real e estate education courses; publication; or any combination of the © foregoing which may apply. See S 475. 25(1), Fla. Stat. and Rule 61J2- 24.001, Fla, Admin. Code. The penalties which may be imposed for violation(s) of Chapter 455, sete FDBPR v. Johnny Petrandis Jr. : Case No. 99-82212 Administrative Complaint Fla. Stat., 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 cach count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or permitee to complete and pass additional real estate education courses; publication; restriction of practice; injunctive or mandamus relief: imposition of a cease and desist order; or any combination of the foregoing which may apply. See § 455.227, Fla. Stat. it Rule 61J2-24.001, Fla. Admin. Code. , 2000. SIGNED this Joe EE say of Heal Professional Regulation By: Herbert S. Fecker, Jr. Director, Division of Real Estate AD pocslet B 3 roars ATTORNEY FOR PETITIONER Andrea Perkins Florida Bar N° 0943053 Senior Attorney Department of Business and Professional Regulation, Legal Section - Suite N 308 Hurston Bldg. North Tower 400 West Robinson Street Orlando, Florida 32801-1772 (407) 481-5632 (407) 317-7260 FAX UW FDBPR v. Johnny Petrandis Jr. : Case No. 99-82212 Administrative Complaint AP/k PCP: TR/JR 4/00 NOTICE TO RESPONDENTS PLEASE BE ADVISED that mediation under § 120.573, Fla. Stat, 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, Fla. Stat.; 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. VE COMPLAINT ATI > R = OF Z on ne DEPUDSLE Khe bt Set AND CONTR. age & vestments ine Johngy Pe:randis he v T ONLY) . - (Circle onc) oF PARTIES: { _},.ICE Inc, Petrandis Mo hereinafter called SELLER and hereinafter called BUYER, herebyagre Wd or assignees, following property upon the terms and conditions hereinafter set forth. Z that the SELLER shail sell and the BUYER shail buy og Waky)ta Farm Estate (Circ! L. LEGAL DESCRIPTION of real estate: Subdivision: Eastwood, Ngtyral ellsquthwoogs Biyete a ee or Bef oe? Block located i ‘Mates and Bounds legal description attached, i 3 METHOD OF PAYMENT: / Ts cvect will be held in trust by Pevandis Realty & Investment OR given to seller inthe amount of AC Fav idifonal deposit shall be due on or before__im the amount of. If said sum is not timely received BUYER shall be jn default, Any additional monies shali be credit C. Purchase money nate and mortgage from BUYER to SELLER (See Clause 7) bearing interest at payable $ / Vio: +75 (AF pet month in the principal amount of. D. New third party financing, re Convintional ___ FHA ___VA E. Approximate balance of down payment to close (not including BUYER's Glosing expenses) . TOTAL PURCHASE PRICE .. 3. TIME FOR ACCEPTANCE: DATE OF not executed by SELLER and BUYER prior to 11 p. m. on, shall be retumed to BUYER and this offer shall be null and void. The date of this contract shall be the gate When je fast party has execu! 4. CLOSING AND POSSESSION: This contract shall be closed and the deed delivered on or before unless extended by other provisions of this contract. If after loan approval, additional time is required by lender to close, above closing and possessior ‘date shall be extended not to exoced days, Possession of the property shall be delivered to BUYER at closing, Ifeccupancy isto be delivered prior to closing . as of occupancy BUYER assumes risk of loss for personal ‘cions, holds SELLER and BROKERS harmless for any occupancy. unless otherwise stated herein or in a separate written agreement. EVIDENCE OF TITLE: SELLER shall order for delivery to the proposed ttle insured a title binder to be foliowed by title insurance issued by a Florida licensed title insurer agreeing to issue to proposed insured upon recording of the conveyanes hereinafter mentioned title insurance as per Clause 6. Said policy(s) to insure the title to that real property, subject only to liens encumbrances, exceptions or qualifications set forth in this contract and those which shall he discharged at or before closing, Cost of ttle jnsurance shall be borne as indicated in clause 10. Ifa defect in title is discovered, SELLER shalt have 30 days from receipt of notice of said defect within which to clear same at SELLER's expense. Lfany such title defect cannot be cured, BUYER shall have the option of accepting the title is or receiving a refund of deposit. 6 DOCUMENTS: Title to real property shall be conveyed! by WARRANTY DEED unless otherwise agreed in writing. 7. NEW FINANCING: PURCHASE MONEY MORTGAGE and note to SELLER. shall include: (1) Insurance against loss hy fire, with excended coverage, in an amount not less than the total amount of all mortgages ar 80% or replacement value, whichever is greater. Mortgagce shall be named as loss payee; (2) Acceleration, at the option of the holder, afler 30 days default ifa first mortgage and after 15 days default if second mortyage: (3) Ifa payment is received more than 10 days late, alate charge of $25 will be applicable; (4) The maintenance in good standing on ali prior liens; (3) No Prepaynvant penalty.: (6) Prior written consent of mortgagee to any additional advances from superior mortgage holders, (7) Due on ral clause;(8)No “Leon county, unity of title” may be signed by mortgagor.(9). ANY VIOLATION OF A DEED. RESTRICTION SHALL BE DEEMED VIOLATION OF THE MORTGAGE. B.E THIRD PARTY FINANCING will be used for the purchase then this contract is contingent upon BUYER obtaining loan approval within days and must apply within 5 days, Ifnot buyer has breached contract and will forfeit any bindes. 8. CONDITION OF PROPERTY: BUYER ACKNOWLEDGES THAT BUYER HAS NOT RELIED UPON ANY REPRESENTATIONS MADE BY BROKER(S) AS TO THE CONDITION OF THE PROPERTY. SELLER acknowledges that any known facts concoming the condition of the property have been disclosed to the BUYER and BROKERS. BUYER: (1) Shall have the right to have radon test performed by a licensed tester with acceptable results and get a flood letter to verify property is not located ina Flood Hazard Area requiring Flood insurauce. Both at buyer's cost. If inspection is unsatisfactory buyer may void contract up to 10 days from date of contract X. __ SELLER agrees to deliver the property in its present “as is" condition BUYER ‘acknowledges that he has inspected the property prior to signing this contract. BUYER releases SELLER and BROKER(S) from any liability for failure to disclose facts affecting value that BUYER could not reasonably leam on BUYER's own. 9. There shall be no PRORATIONS of property taxes or any other items: joward buyer's closing cost (if S Ye per annum for aterm of PD years 10. EXPENSES: BUYER SHALL PAY A FLAT FEE CLOSING COST OF $500, $600. 800. . (CIRCLE ONE) PLUS THE FOLLOWING ITEMS. Intangible Tax and Documentary Stamps on Mortgage(s) and note _W_Property Inspection(s) Including flood letter and radon inspection Owner's/Mortgagee's Title Insurance ‘Any loan cost required by Lender Recording Fees 7 BUYER's Attomey Fees (if any) Credit Report Recording Fees ‘VT Appraisal Fee(s) AND/OR Survey State Documentary on Deed THIS TRANSACTION SHALL BE CLOSED. AT TOM HAYWARD’S ATTORNEY AT LAW, FICE. SELLER SHALL PAY FOR THE FOLLOWING:_v_Owner's/Mortgagee Title Insurance “V__ Brokerage Fee and Attorney's fee (If any) Documentary Stamps on Deed "7 Mortgage Satisfaction & Recording Fees_ __ Preparation of Deed and Lien Affidavit TESELLER has agreed to pay any of BUYER'S costs, BUYER agrees to pay advance fees Tequired by lender and reimbursed by SELLER at time of closing. 11. SURVEY: IFBUYER wants a survey or appraisal tey: ‘shall orde: them. Lf'survey shows an encroachment, the same shall be treated as a title defect. BUYER 1S ADVISED TO HAVE A SURVEY AND AN APPRAISAL ON ALL TRANSACTIONS, 12. RESTRICTIONS: EASEMENTS: LIMITATIONS: BUYER agrees to take title to the property subject to any assumed mortgage(s), purchase money mortgage(s), taxes for the current and subsequent years, special assessments ‘and those WHICH ARE COMPLETE OR IN PROCESS offend accruing hereafter, zoning and other govemmental restrictions, plat restrictions and qualifications, public utility easements, and restrictive covenants of record. 13, SPECIAL ASSESSMENT LIENS SHALL BE PAID BY BUYER, IN PINE. LAKES THE ASSESSMENT 15 $5,000. PER LOT 14. AGENCY DISCLOSURE: BUYER and SELLER acknowledge receipt of timely Agency or Transaction Broker disclosures. 15, TIME IS OF THE ESSENCE IN THIS AGREEMENT. 17. FAILURE OF PERFORMANCE: If BUYER fails 1 perform this contract within the time specified (including payment of alt deposit(s), the deposit(s) paid by BUYER will be forfeited to SELLER as agreed upon liquidated damages, consideration for the execution of this contract and in full settlement of any claims; whereupon BUYER and SELLER shall be relieved of all obligations under contract, or SELLER at SELLER’s option, may proceed in equity to ‘enforce SELLER’s tights under this contract. If, for any reason other than failure of SELLER to make SELLER’ title marketable after effort or item #29, SELLER fails, neglects or refuses to berform this contract, the BUYER. may seck specific performance or elect to receive the retum of BUYER’s deposit(s) without thereby waiving any action for damages resulting from SELLER's breach. T ATTORNEY FEES AND COSTS: In connection with any litigation, including appeals, arising out of this contract, the prevailing party shall be entitled to recover all costs incurred, including reasonable attomey fees. 19, TYPEWRITTEN, WRITTEN, AND OTHER AGREEMENTS; FACSIMILE: All parties of this contract, including Brokers and Salespersons, by signatures below, do hereby certify that the terms stated in this agreement are true to the best of their knowledge and belief. Upon final execution by all parties, this contract constitutes the sole and entire agreement between the parties hereto and no other agreement exists except those in writing, signed, of initialed and dated by all parties. Typed or written provisions inserted in this contract, or amended by attached addenda, shall control all printed provisions in conflict, and the placement of “” within a____ shall make the provision applicable. If communication is transmitted by facsimile (FAX), execution shall be considered binding by parties for the purpose of this contract, any addendum, and any future addenda to this contract. 20. ADDENDUM attached, which upon execution by both parties are made an integral part of this Contract for Sale and Purchase: Insulation Rider (new residence only) Lead Base Paint Disclosure (if Built prior to 1978) Land Use Disclaimer Property Disclosures Additional Addendum described as follows: 71 Buyer understands that if there is a homeowners ‘association or a road maintenance association that they must become a part of and pay annual dues of approximately $150 or as set by association. 22, Buyer understands that they shall pay a monthly service fee which is a bookkeeping charge and not a part of any dues, 23. Buyer acknowledges thal they have personally inspected the property and have received a copy of the covenants and restrictions. 24, Buyer understands Johnny Petrandis, Johnny Petrandis Il, and Jimmy Petrandis are Real Estate Brokers and one or more of them own stock in the company that you are buying property from. Also, that they ar‘é the real estate agent, do not in any way represent buyer, and they are representing seller or themselves in this transaction. 25. Florida real estate licensees are required by law to disclose which party ‘they represent in a transaction and to allow a party the right to choose or refuse among the various agency relationships. The purpose of the AGENCY DISCLOSURE is to ackrwwledge that the disclosure occurred and that the consumer has been informed of the various agency relationships which are available in a real estate twansaction. The following descriptions of terns, agency relationships and their respective duties and obligations are based upon Florida Law(chapter 475f5). § SS AGENT: A licensee who is engaged by and acts as the agent of the seller only is know as a selier's agent, A seller's agent has the following duties and To the Seller: a. The fiduciary duties of loyalty, confidentiality, obedience, full disclosure, accounting and the duty to use skill, care, and diligence. To the Seller ver: a, A duty of honesty and fair dealing. B. A duty of disclosure al facts known to the seller's agent materially affecting th€wglue of the property which are not know to, o readily observable by the parties in a residential transaction. BUYERS AGENT; A licensee who is engaged by and acts as the agent ofthe buyer only is know as a buyer's agent. A buyer's agent has the following duties and obligations: To the Buyer: A. The fidueiary duties of loyalty, confidentiality, obedience, full disclosure, accounting and the duty to use skill, care and ditigence. To the Seller and Buyer: A.A duty of honesty and fair dealing, DISCLOSED DUAL, AGENT: A disclosed dual agent is a licensee who, with the informed written consent of seller and buyer, 18 engaged as an agent for both the buyer and suller As a disclosed dual agent, the licensee shall not represent the interests of one party to the exclusion of detriment of the interests of the other party. A disclosed dual agent has the fiduciary duties the seller and buyer that a seller's and buyer's agent has except the duties of a full disctosure and undivided loyalty._A disclosed dual agent may not disclose: A. To the buyer that the saller will accept less than the asking or listed price, unless otherwise instructed in writing by the seller. B. To the seller that the buyer will pay a price greater than the price submitted in a written offer to the seller, unless otherwise instructed in writing by the buyer. C. ‘The motivation of any party for selling. buying, or leasing a property, untess otherwise instructed in writing by the respective party: or, D, That a seller or buyer will agree to financing terms other than those ya opherwise ee in writing by the respective party. The above (#25) was disclose to me at first substantial contact by my real estate salesperson. a ZS-F, 23 © “26. SPECIAL CLAUSES: __ : : hf. Ld. 27. MAINTENANCE DISCLOSURE: PRIVATE STREET AND DRAINAGE: I hereby acknowledge that I am purchasing the following property (refer to item # 1) and 1 understand that the City of Taltahassee or Leon County are not responsible for street or drainage maintenance on the strect(s) where my property is located. 28, The above property is sold as is and thei are cither no improvements on property or (circle any improvements on property). SEPTIC TANK / WATERTAP / POWER POLE / ANY PERMITS ( which seller dose not warrant they are any good). 29. This contract is contingent on seller obtaining good and marketable title to said property, or seller not having signed a contract to sell this property before this contract. If seller does not obtain good and marketable title to said property or have signed a prior contract, then this contract is null and ail binder monies shall be refunded to buyer and both parties shall be released from any further obligation to one another. 30. Buyer shall have skirting installed within 30 days after closing and buyer is depositing, veith seller for seller to pay said to contractor after work is completed. ————— 31. THIS IS ALEGALLY BINDING CONTRACT. IF YOU DO NOT FULLY UNDERSTAND IT, SEEK THE ADVICE OF A REAL ESTATE ATTORNEY PRIOR TO SIGNING. THIS CONTRACT SHALL NOT RECORDED. SELLER DATE SUYER, DATE Social Security or Tax 1. D. # Sociai Security or Tax 1. D. # cthd EW Lad 9 2 LE : SELLER DATE o BUYER DATE Social Security or Tax 1. D. # Social Security or Tax L D. # By signature below Selling Salesperson acknowledges receipt of initial deposit fe (if check, subject to clearance). It shall be held in escrow pending disbursement according to terms hereof, together with all additional deposits by terms of this contract. Failure of clearance of deposits shall not excuse performance by BUYER. If disbursement instructions from BUYER and SELLER are in conflict, BROKER Is obligated to seek remedy as per F. F. 475.25. Ken sane Sheen Petrandis {1 For: Petrandis Realty é Investment Phone: 671-3000 Date: 22S SELLING SALESPERSON (CIRCLE ONE) * COMPANY BELOW ARE SOME, BUT NOT ALL OF THE ITEMS THAT BUYER SHALL BE RESPONSIBLE FOR IN ORDERED FOR THEM TO LIVE IN A MOBILE HOME ON THE PROPERTY. Or the above property is sold with seller paying for the installation of (circle which one applies) after closing. Property is sold as is unless some of the below are circled. aA aL a2 as HAS Hag B. CQ A #2 D. #1 (#2 E. AY 42 FL al #2 G. A= SEPTIC TANK in the size of 900 gallons, and 41=360, #2=460, #3=600, square feet of drainfield. If a mound system, selier shall pay for(As)=. load of sands and ( #Ag)=one grey water tank. — B=200 amp power pole. C=#1=water tap in fee or a #2=4" submersible pump well and up to feet deep. Decutvert. #1To homeowners specification / #2To county specificati E=d 1, building permit in the amount of $. 4 #2, Septic tank permit in the amount of $200, dose not include any environmental permitting or after the fact permitting. Feconnecting to mobile home: Water line upto 150 feet, Power pole up to 35 feet of wire, G=Clearing approximately 1/4 of an acre and pile trees on said lot and buyer will be responsible for removal of same. BUYER UNDERSTANDS THAT BUYER WILL BE RESPONSIBLE FOR ORDERING ALL WORK DONE, BY CONTRACTORS THAT HAVE BEEN APPROVED BY SELLER, AND THAT BUYER WILL BE BRING BILLS TO SELLER FOR SELLER TO PAY AFTER INSTALLATION. SELLER IS NOT RESPONSIBLE FOR ANY OF WORK PREFORMED BY CONTRACTORS, AND IF AT ANY TIME BUYER IS NOT SATISFIED WITH SELLER APPROVED CONTRACTORS, BUYER MAY GET A WRITTEN BID FROM A CONTRACTOR OF BUYER'S CHOICE AND SUBMIT TO SELLER FOR APPROVAL. IF ANY OF THE ITEMS LISTED ABOVE EXCEED THE AMOUNT THAT SELLER IS PAYING FOR, THEN BUYER WILL PAY TO SELLER THE DIFFERENCE IN CASH BEFORE THE WORK IS ORDERED BY BUYER. If buyer docsn't complete any of these items before a 60 day period after closing, then buyer shall be responsible for any increase in cost of said items over the cost to install as of closing date. ABOVE ARE SOME, BUT NOT ALL OF THE ITEMS THAT BUYER SHALL BE RESPONSIBLE FOR IN ORDERED FOR THEM TO LIVE IN A MOBILE HOME ON THE PROPERTY. 24 + , A ‘Séttlement Statement . A Settlement Statement C12 i) B. Type of Loan LOAN # ase C.NOTE: This form is furnished to give you a statement of actual settiement costs. Amounts Paid to and by the settlement agent are shown, Hams marked “p.o.c." were pald outside of closing; they are shown here for Informational purposes and are not included in the totais. D. NAME AND ADDRESS OF BORROWER: MARIE PRIDE 694 LIBERTY ST TALLAHASSEE, FL 32310 £. NAME AND ADDRESS OF SELLER: J-ll INVESTMENTS, INC . AT) Ln 1176 CAPITAL CIRCLE S.E. TALLAHASSEE, FL 32301 &. NAME AND ADDRESS OF LENDER: J-Il INVESTMENTS, INC PO BOX 15371 TALLAHASSEE, FL 32317-5371 G. PROPERTY 41-26-13-000-047-1 LOCATION: . H, SETTLEMENT AGENT: JHINVESTMENTS, INC PLACE OF SETTLEMENT: 1176 CAPITAL CIRCLE S.E. TALLAHASSEE, FL 32301 |. SETTLEMENT DATE: 1-Oct-98 J. SUMMARY OF BORROWER'S TRANSACTION K, SUMMARY OF SELLER'S TRANSACTION 100. GROSS AMOUNT DUE FROM BORROWER: 101, CONTRACT PRICE $15,900.00 102. Personal property 103, Settlement charges to borrower: $0.00 104, BUYER'S CLOSING COSTS $700.00 105, ADJUSTMENTS FOR ITEMS PAID BY SELLER IN ADVANCE : 108. Citytowntaxes 1/1/1998 to 10/1/98 107. Countytaxes 1/1/1998 to 10/1/98 $0.00 108. Assessments 1/1/1998 to 10/1/98 $0.00 109 110 wt 112 120.GROSS AMOUNT DUE FROM BORROWER: $16,600.00 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER: 201. Deposit or eamest money . $1,000.00 202. Principal amount of new foan(s) $15,600.00 203, Existing loan(s) taken subject to 204 ‘ 205 206 207 208 209 ADJUSTMENTS FOR ITEMS UNPAIO BY SELLER: 210, Citytown taxes 1/1/1998 to 10/01/98 211. Countytaxes 1/1/1998 to 10/01/98 $0.00 212. Assessments 1/1/1898 to 10/01/98 $0.00 213 214 215 216 27 218 219° 220. TOTAL PAID BY/FOR $16,600.00 BORROWER: 300, CASH AT SETTLEMENT FROM/TO BORROWER: $16,600.00 $16,600.00 $0.00 301. Gross amount due from borrower (line 120) 302. Less amount pain byHor borrower (line 220) 303. CASH (_ FROM) (__ TO) BORROWER: ADMINISTRA EXHIBIT # PAGE 400. GROSS AMOUNT DUE TO SELLER: 401. Contract sales price $15,£00.00 402. Personal property 403 404, BUYER'S CLOSING COSTS $700.00 405, ADJUSTMENTS FOR ITEMS PAID BY SELLER IN ADVANG!: 406. CityRowntaxes 1/1/1998 to 10/1/98 407. Countytaxes 1/1/1998 to 10/1/98 $0.00 498. Assessments 1/1/1998 to 10/1/98 $0.00 4n9 410 4 412 420. GROSS AMOUNT DUE TO SELLER: $16,600.00 500, REDUCTIONS IN AMOUNT DUE TO SELLER 501. Excess deposit (see instructions) 502. Settlement charges to seller (line 1400) $543.10 503, Existing loan(s) taken subject to ‘ 504, Payoff of first mortgage 505, Payoff of second mortgage ‘506. Purchase Money mortgage $15,600.00 507 508 509 $10, ADJUSTMENTS FOR iTEMS UNPAID BY SELLER: 510, Cityhow:: taxes 1/1/1998 to 10/01/98 511. Countytaxes 1/1/1998 to 10/01/98 $0.00 512. Assessments 1/1/1988 to 10/01/98 $0.00 513 514 515 516 S17 518 519 §20. TOTAL REDUCTION $16,143.10 IN AMOUNT DUE SELLER 600. CASH AT SETTLEMENT TO/FROM SELLER: 601. Gross amount dus to seller (line 420) $16,600.00 602. Less reductions in amt. due seller (line 520) $16,143.10 603, CASH (_ TO) {(_.FROM) SELLER: $456.90 E COMPLAINT _ OF Qo 2 eee Pay swe? SETTLEMENT CHARGES : : 700, TOTAL SALES/BROKER’S COMMISSION SETTLEMENT BASEDONR 15900 @ 10.00% 1590 BUYER'S SELLERS DIVISION OF COMMISSION (LINE 700) AS FOLLOWS: w 701 190 @ OO ° 702 1890 @ 0 ° 703, Commission paid at settlement 704, ITEMS PAYABLE IN CONNECTION WITH LOAN: 800. ITEMS PAYABLE IN CONNECTION WITH LOAN: 80%. Loan origination fee 802. Loan discount 803. Appraisal fee to: 804. Credit report to: 805. Lender's Inspection fee 806. Mortgage insurance application fee to 807, Assumption fea te y 808. SERVICE SET-UP 200 809 810 att 900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE: 901... interest from to @s 902, Mortgace insurance premium for mos. to _ 903, Hazard insurance premium for * *yrs. to 904, - Flood insurance premium for yrs, to 905 1000. RESERVES DEPOSITED WITH LENDER: 1001. Hazard Insurance months @ $ 1002. Mortgage insurance months @ $ per month 1003. Clty proparty taxes months @$ per month 1004, County property taxes . months @ $ per month 1005, Annual assessments. months @$ per month 1008, Flood insurance months @$ 1007 months @ $ 1008 : months @ $ 1009. Aggrt gate Accounting Escrow Adjustment 1100, TITLE CHARGES: 1101. Settlement or closing fee to 1102. Abstract or title search to 1103. Title examination to 1104, Title insurance binder 1105. Document preparation to 1106, Notary fees to 1107, Attorney's fees to (inclucies above items Numbers:) 1108, Title insurance to TOM R. HAYWARD, ATTORNEY $125.00 1109, Lender's coverage ’ 26.00 $15,600.00 1110, Owner's coverage 100.00 $15,900.00 1113 1200, GOVERNMENT RECORDING AND TRANSFER CHARGES: . . 1201 Recording fees: Deed 10.5 Mortgage 10.5 Releases 18 21 1202. City/county tax/stamps: Deed Mortgage 1203, State tavatamps; Deed 1113 Mortgage 546 165.9 1204, INTANGIBLE TAX 31.2 1208 1300, ADDITIONAL SETTLEMENT CHARGES: 1301, Survey te 1302. Pest in: nection to . 1307 . BUYER'S SELLER'S 1400. TOT AL SETTLEMENT CHARGES 0 543.1 thave carefuti/ raviewed the Settlement Statement and to the best of my knowledge and belief, itis, irate statement of all receipts and disbursement: made on my account or by me in this transaction. I further certify that | have recex jattiement Statement. . : . 01-Oct-98 01-Oct-98 Borrower: SELLER: MARIE JOHNNY Py OF Jatt at 01-Oct-98 01-Oct-98 Borrower: SELLER: ADMINISTRATIVE COMPLAINT EXHIBIT #_@ PAGE 2 _of__2 AS =p ee qereers -¢ WARRANTY DEED This instri ment prepared by: Tom R. Hayward, Attorney at Law. Post Office Box 12785 Tallahassee, Florida 32317 ‘ WARRANTY DEED “ WITNESSETH: THIS INDE.NTURE, Made and entered into this 1 dayof OCTOBER » 1998, by and between .J-ll INVESTMENTS, INC, A FLORIDA CORPORATION » WHOSE ADDRESS. IS 1176 CAPITAL CIRCLE S.E. . TALLAHASSEE, FL 32301 . Grantor, AND MARIE PRIDE, A SINGLE WOMAN Grantee, whose addressis, 694 LIBERTY ST, TALLAHASSEE, FL 32310 That the said Grantor, for and in consideration of the sum of Ten Dollars {$10,00) and other good and valuable consideratic ns to him in hand paid by the Grantees, the receipt whereof is hereby acknowledged, has granted, bargained and sold un:o the said Grantees, their heirs and assigns forever, the following described land, situate, lying and being in the county of LEON the State of FLORIDA SAID PARCELS TAX ID #1S 41-26-13-000-047-1 BRIEF PR DPERTY DESCRIPTION IS EAST.5 AC OF LOT 47 SEE ADDi:NDUM "A" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART HERE OF. THIS PRC PERTY IS NOT THE HOMESTEAD OF THE GRANTOR. TOGETHE! with all the tenements, hereditaments and appurtenances thereto. belonging or in anywise appertaining. TO HAVE / ND TO HOLD, the same in fes simple forever. AND the G antor hereby covenants with said Grantees that the Grantor is lawfully seized of said land in fee simple; that the Grentor has good right and lawful authority to sell and convey said land; that the Grantor hereby fully warrants against the awful clains of all persons whomsoever; and that said land is free of all encumbrances, except taxes accruing : ubsequent to . DECEMBER 31, 1997 IN WITNES S WHEREOF, the said Grantor has signed and sealed these presents the day and Signed, s¢ aled and delivered in our pres énce: INNY PETRANDIS, It, AS PRESIDENT 6 CAPITAL CIRCLE S.E. Me Namie). ] EZ — TALLAHASSEE, FL 32301 (Print Name STATE OF FLORIDA COUNTY OF LEON (HEREBY CET mY that on this day, before ma, an officer duly authored in the State aforesaid and in the: ‘County aforesaid, to take acknowledgments, that the fceqoing instrument was acknowledged before me by JOHNNY PETRANDIS, I], AS PRESIDENT who if pers onaily known tp me or who has produced fl dri lic OR as identifi ‘ation. WITNESS my hand and official seal in the County and State last aforesaid this 1, DAYOF OCTOBER ‘ 1998 _ THEREBY CEF-TIFY that on this day, before me, an oificer duly authorzed in the State aforesaid and in the County aforesaid, to take acknowledgments, that the joing instrument was acknowledged before me by who iS pers onally known to mBor who has produced fl di lic OR Tehusuous dYondisilas IDENTIFICATION WITNESS my hand and official seal in the County and State last'aforesaid this 41, DAYOF OCTOBE 199 fary Public FOR (Print Name) Commission No., My Commission Expires: Commission No. My Comr ission Expires: MARY CARTER MARY CARTER MY COMMISSION # CC 756436 MY COMMISSION # CC 756496 EXPIRES: July 6, 2002 EXPIRES: July 6, 2002 Thru Notary Pub Underwaors Thr Nolary Pubke Underen ‘Underwriters 2) ng i ' were

Docket for Case No: 00-002423