Okaloosa County BOCC — July 1, 2014 — Contract Shalimar Property — reading text

Commercial Contract itt FloridaRealtors 1 * 4, PARTIES AND PROPERTY: OKALOOSA COUNTY ("Buyer") 2 * agrees to buy and DAVID A SIMPSON TRUST ("Seller") 3 * agrees to sell the property describad as: Street Address: 4% 5 *Legal Description: 06-28-23-0006-0018-0080 6 * 7 * and the following Personal Property: 8 x —_ 9 | collectively referred to as the "Property") on the terms and conditions set forth below, ‘ IN (all collectively perty") 2.00, OO 15) 10 *2,. PURGHASE PRICE: $ art yy 185,000-00 — pve 11 * — (a) Deposit held in escrow by BUYER TO CHOOSE $ { if 12 ("Escrow Agent”) (checks are subject to actual and final collection) olf 13 * Escrow Agent's address: Phone: SB 14 * — (b) Additional deposit to be made to Escrow Agent within days after Effective Date 15 * — (c) Additional deposit to be made to Escrow Agent within days after Effective Date $ agement “20O/, O80. 00, fk hy 16 * — (d) Total financing (as referenced In Paragraph 5) $ 17 * — (@) Other: 4 18 * — (f) All deposits will be credited to the purchase price at closing. Balance to close, subject $ af 85°000.00 0 i“ 19 to adjustments and prorations, to be paid jocally with drawn cashier's or official bank Cle 20 check(s) or wire transfer. 21 3, TIME FOR ACCEPTANCE; EFFECTIVE DATE; COMPUTATION OF TIME: Unless this offer is signed by Seller 22 * and Buyer and an executed copy delivered to all parties on or before _5:00 PIM APRIL 30, 2014 , this offer will be 23 withdrawn and the Buyer's deposit, if any, will be returned. The time for acceptance of any counter offer will be 3 24 — days from the date the counter offer is delivered. The “Effective Date” of this Contract is the date on which the 25 last one of the Selier and Buyer has signed or initialed and delivered this offer or the final counter offer. 26 Calendar days will be used when computing time periods, except time periods of § days or less. Time periods of & 27 days or less will be computed without including Saturday, Sunday, or national legal holidays. Any time period ending © 28 ~~ ona Saturday, Sunday, or national legal holiday will extend until 5:00 cn on business day. Time is of the 28 essence in this Contract. — ‘ve _ (ASI 30 4, CLOSING DATE AND LOCATION: “j RD 31 * (a) Closing Date: This transaction will be closed on AUGUST.2..2014 (Closing Date), unless specifically 32 extended by other provisions of this Contract. The Closing Date will prevail over all other time periods including, but 33 not limited to, Financing and Due Diligence periods. In the event insurance underwriting is suspended on Closing 34 Date and Buyer is unable to obtain property insurance, Buyer may postpone closing up to 5 days after the 35 Insurance underwriting suspension is lifted. 36 * Buyef (Sy bik ) and Seller aly ) acknowledge receipt of a copy of this page, which is page 1 of 8 Pages, CC-4 REV. 12/10 ©2010 Florida REALTORS® Alf Rights Reserved Form ganerated by: TraeForms™ = www.TrueForms.com 800-499-9612 334. 335 336 337 338 339 340 344 342 343 944 "345 348 347 348 349 350 35 = 352° 353 354 355 356 357 “358 359 360 361 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 po F COR? and, authority to enter into and perform this Contract in accordance with its Nine. 5, A Date: Ogul’ 29, ZOOL A " (Signatufeof Buyer) OL/ * <7 ee * DON ADAMS Tax ID No: (Typed or Printed Name of Buyer) * Title: UNDERSHERIFF OKALOOSA COUNTY. Telephone: x Date: (Signature of Buyer) x Tax ID No: (Typed or Printed Name of Buyer) * Title: Telephone: * Buyer's Address for purpose of notice: * Facsimile: L. E-mail: * / _~\ Date: lo / sf C f Va Seller) VA st ‘ DAVIDA SIMPSON TRUST Tax ID No: (Typed or Printed Name of Seller) * Title: Telephone: * Date: (Signature of Seller) * Tax ID No: ' (Typed or Printed Name of Seller) * Title: Telephone: * Seller's Address for purpose of notice: . * Facsimile: E-mail: The Florida Association of REALTORS® makes no representation as to the legal valldity or adequacy of any proviston of this form In any specific transaction. This standardized form should not be used In complex transactions or with extensive riders or additions, This form Is available for use by the entire ree! astate Industry and Is not Intended to Identify the user as a REALTOR®, REALTOR® Is a registered colleative membership mark which may be used only by real estate licensees who ara mambers of the NATIONAL ASSOCIATION OF R EALTORS® and who subsaribe to Its Code of Ethics, . The copyright laws of the United States (17 U.S, Code) forbid the unauthorized reproduction of this form by any means Including facsimile or computerized forms. 362 * Buyer ( r ) and Seller ( y ) acknowledge receipt of a copy of this page, which Is page 8 of 8 Pages. CO-4 REV.1240 ©2010 Florida REALTORS® = All Rights Reserved Form generated by: TrueForms™ www, TrueForms.com 800-499-9612