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Fort Walton Beach Ordinance — 2040--100 Hill Avenue--Sale of Property — reading text

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deliver aandcopy terms " Buyer,"" of the may " Broker" assignment be singular or to Closing. agreement to the Seller at least 5 days prior plural. This Contract is binding upon Buyer, Seller and their heirs, personal representatives, successors and assigns if assignment is permitted). IS. MISCELLANEOUS: The terms of this Contract constitute the entire agreement between Buyer and Seller. Modifications of this Contract will not be binding unless in writing, signed and delivered by the party to be bound. Signatures, initials, documents referenced in this Contract, counterparts and written modifications communicated electronically or on paper will be acceptable for all purposes, including delivery, and will be binding. Handwritten or typewritten terms inserted in or attached to this Contract prevail over preprinted terms. If any provision of this Contract is or becomes invalid or unenforceable, all remaining provisions will continue to be fully effective. This Contract will be construed under Florida law and will not be recorded in any public records. 20. BROKERS: Neither Seller nor Buyer has used the services of, or for any other reason owes compensation to, a licensed real estate Broker other than: Properties, Inc. M. Kevin Bethea a) Seller' s Broker: Realty House( Licensee) CompanyomName) 664- 6622 KevinBCa RealtVHouse. com , 11 Racetrack Rd. NE Suite H- 1 Ft Walton Beach, FL. 32547 850- 244- 9117 Address, Telephone, Fax, E- mail) broker has no brokerage relationship and who will be compensated who X is a single agent is a transaction other( specify) both parties pursuant to X a listing agreement by X Seller r- Buyer acknowledge receipt of a copy of this page, which is page 6 of 8 Pages. Buyer 4% k — ) and Seller(.- nri3 )( 2010 Florida REALTORS® All Rights Reserved CC- 4 REV. 12/ 10 © www. TrueForms. com 800- 499- 9612 Form generated by. Tnie Forms' None b) Buyer' s Broker: Licensee) Company Name) Address, Telephone, Fax, E- mail) Lis a single agent L_ is a transaction broker,_ l has no brokerage relationship and who will be compensated to_) an MLS offer of compensation H other( specify) who Seller"A Buyer _1 both parties pursuant k by_ Seller' s Broker collectively referred to as" Broker") in connection with any act relating to the Property, including but not limited to inquiries, introductions, consultations, and negotiations resulting in this transaction. Seller and Buyer agree to indemnify and hold Broker harmless from and against losses, damages, costs and expenses of any kind, including reasonable attorneys' fees at all levels, and from liability to any person, arising from ( 1) compensation claimed which is inconsistent with the representation in this Paragraph, (2) enforcement action to collect a brokerage fee pursuant to Paragraph 10, ( 3) any duty accepted by Broker at the request of Seller or Buyer, which is beyond the scope of services regulated by Chapter 475, Florida Statutes, as amended, or( 4) recommendations of or services provided and expenses incurred by any third party whom Broker refers, recommends, or retains for or on behalf of Seller or Buyer. 21. OPTIONAL CLAUSES: ( Check if any of the following clauses are applicable and are attached as an addendum to this Contract): L Existing Mortgage Arbitration Seller Warranty l— Buyer' s Attorney Approval Line Coastal Construction Control i Section 1031 Exchange Flood Area Hazard Zone Seller' s Attorney Approval 11 Property Inspection and Repair 71 H Other Seller Financing 1 Seller Representations 22. ADDITIONAL TERMS: CTP Commerce & Technology Park. A. Purchase is subject to property being zoned B. Buyer understands there may be some wetlands and buried trash/ debris. C. Seller will pay for title insurance but all other closing cost to be Buyer' s responsibility. THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD, SEEK THE ADVICE OF AN ATTORNEY PRIOR TO SIGNING. BROKER ADVISES BUYER AND SELLER TO VERIFY ALL FACTS AND REPRESENTATIONS THAT ARE IMPORTANT TO THEM AND TO CONSULT AN APPROPRIATE PROFESSIONAL FOR LEGAL ADVICE ( FOR EXAMPLE, INTERPRETING CONTRACTS, DETERMINING THE EFFECT OF LAWS ON THE PROPERTY AND TRANSACTION, STATUS OF TITLE, FOREIGN INVESTOR REPORTING REQUIREMENTS, ETC.) AND FOR TAX, PROPERTY CONDITION, ENVIRONMENTAL AND OTHER ADVICE. BUYER ACKNOWLEDGES THAT BROKER DOES NOT OCCUPY THE PROPERTY AND THAT ALL REPRESENTATIONS ( ORAL, WRITTEN OR OTHERWISE) BY BROKER ARE BASED ON SELLER UNLESS BROKER INDICATES IFICATION OF REPRESENTATIONS OR PUBLIC RECORDS PERSONL VERAL S THE REPRESENTATION. BUYER AGREES TO RELY SOLELY ON SELLER, AND GOVERNMENTAL AGENCIES FOR VERIFICATION OF THE PROPERTY CONDITION, SQUARE FOOTAGE AND FACTS THAT MATERIALLY AFFECT PROPERTY VALUE. and Seller( .- b )( acknowledge receipt of a copy of this page, which is page 7 of 8 Pages. Buye ) Florida REALTORS® All Rights Reserved CC- 4 REV. 12/ 10 © 2010 www. TrueForms. com 800- 499- 9612 Form generated by True Forms'" Each person signing this Contract on behalf of a party that is a business entity represents and warrants to the other party that such signatory has full power and authority to enter into and perform this Contract in accordance with its terms and each person executing this Contract and other documents on behalf of such party has been duly authorized to do so. Date: 14VIV 3 At" 2-0 117 Signature of Buyer) Tax ID No: David L. Hunter Typed or Printed Name of Buyer) Telephone: Title: Date: Signature of Buyer) Tax ID No: Typed or Printed Name of Buyer) Telephone: Title: Mineral, VA. 23117 5036 Corsair Terrace Buyer' s Address for purpose of notice: Hunter2911aaol. com E- mail: Facsimile: Date: r,- Az- stzsiv-) Signature of Seller) Tax ID No: City of Fort Walton Beach Typed or Printed Name of Seller) Telephone: Title: Date: Signature of Seller) Tax ID No: Typed or Printed Name of Seller)

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