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<br />SEP-12-01 WED 8:18 AM
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<br />HAROLD M RIFAS PA
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<br />FAX NO.
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<br />305+662 8825
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<br />P 7
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<br />CONTRACT FOR SALE AND PURCHASE FLORIDA ASSOCIATION OF REALTORSIIll AND THE FLORIDA BAR
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<br />l'AIlTIES: Golden Strand International. Inc.. a dissolved Florida cor,p. ("Seller'). I
<br />DL.J.ll€-.llasro.2l.ia Point Blvd.. Cr..n COVQ S.pring... PL (rbone)904-284-4GS3
<br />.nd f~:i~ o~ ~~~:YJ:;~~ :::~h ("Buyer')
<br />of 0 0 IL.A Y. talea BAl!lt!h, PL (phono) ]Or;-~4'-0606 " .._._
<br />bereby .,n:e Ih.t Seller Ih.lllellllld Buyer .b.lI buy Ibe (ollowinl dClCribed real propcnYllld periollal ptopln)' (colloctively "Property") pur.UIIlIIO Ihe lCnns .nd condillona of \hia Conlt.cl
<br />for S.le .nd l'urchue .nd .ny ridera .nd .ddllnd. ("Conlr.er"):
<br />I. DJ:SCRlmON:
<br />(.) Lea" deswiprion oflho Real Property loc:.1eCI io
<br />S I . E
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<br />Records of Miami-Dad. County.
<br />(b) Sneelldelrou, eiry,l!ip, l.'rlh. Proporty is:
<br />(c) t'craonal t'Topc~:
<br />N~nllll
<br />
<br />
<br />hI:! Public
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<br />- ~
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<br />n. PURCIlASI PRICE , . , , . . . . . . . , . , . , . , . . . , . . . . . , . , . , , . . . , . . . . , . . .
<br />rAYMENT:
<br />(I) DcP04il bcld in Q4CfOW by Harold M. Ri fas. P. A.. (Eaerow Asent) in \he: .mount ols
<br />(bl Additio".1 escrow ckposil 10 be NcIe 10 8ac:fOw AICIII within _daYI oner BUCCliv. O.re (occ 1""11'0'" UI) in rho ._..", ofS
<br />(C) SUbjCCl to AND lS~umplion or aisblll DIOI"_Il: in plOd Illndinl ill f>>vor of
<br />h.ving.n .pproxlnlQII prcaCftI principal b.l.nce or . , . , . , . . . . . , . . . . . . . . , . . . . . , . . . . , . , , , . , . . , . , . . . . . . . . . . .$
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<br />(d) New lIIor1aaao linaneilla wilh . Lender (see Paraaraph IV) in lhe ,mounl of, , . , . . , . . . , . . S
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<br />(I) Purehlse Money nl""lale Ind noli to Slllar (,o. ridl' fo, 10""'1) iI\.h. '",ounl or. . , , .. "."". , . . . . . . ' ., ,.,....,",....~
<br />
<br />(l) OIlier: 5
<br />(I) 9.lan~.... elo.. by U.S, cash or LOCALLY DRAWN cashier'. or Dm.ial ba/lll eblek(a). lubjeel 10 ,elju.lmonl.: Dr pror,"iDr.. . , , , . . s 9 . ~ 0 0 . 00
<br />III. TIME fORACClt'lANCEOrOl"nIl.; EIIl1ECTIVl: DATE: F ACSIMIU: Jrlhi. offet i. 1101 """uled by and delivered 10 all pOlti.. OR FACT OF EX;cUTION eonV\",nieo'"d il' wri'inl
<br />bellllecntheplnjeloDorbcrorcS.pt~.r 11 th. 200 1 .thedepo.it(I)..iU..IBuyer'loplion,ber.Nmed.ndlhi.olTorlllilhdr....n.Forpul'llOlClo{dcliveryornoliclol
<br />exccution. poniel include Buyer .nd Soller or each of the rClipeeuve brokera or .rromeYI. The d.1I or Conuact ref1'oelive Dlle') ...iIl be Ibe d.re wben Ihl I.S! one oC rhe Buyer and Seller
<br />hIS .ilned Ihi. olTer. A f.Cllmile copy oflhi. Contrael and lnYliJllalurel hereon ahlll be considCl'ed fDr.1I pUlpo,,, lS.n oriswl.
<br />IV, rlNANCINCi:
<br />DCI (al Thil i. . cash &nn'~clioD with no continll'n~l'. tor fiD.oc"'l;
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<br />[ ] (b) Thi. COl'l(.el i, condilionccl 00 "")'er obllini/lS' wrilleD loan e:ommilmcnl wilbin _ daYI .ner Emxllve D.le for (CtUlClll. ONl: ONLY): [ ] I fixed; I I.n 'OJuSl.Ole; or [ ] I
<br />/ixcd or .dju'l.ble rale leln in the prineip.1 .mounl Df S . .1 an inirial iDlerAr r.le nol 10 exeeeo %,
<br />eli,eount .nd orilin'lion rlCl nOllo ax...d "orprineip.llmOunl. and for olenn of _ )'e~IO. Buy..r wiU moko oppli.o"oa within __ do)'. (3 d.). iCieR blankl
<br />.n... IOfFective D~II I/ld U'I ,....oRlbl. diliaenee to DbtJIio . loa. CDmmillDCnl anel, lher..n.. ID .aliafy 1cnw14 AIId eonelilioM of Ill. Cl.'mmi.....nl .nd olole .he loan. Buyer .ball po>, .1I10.n
<br />IlIDen.c.. If Bu~cc f.UIIO obllin . eOftllllil/llelll or faUi 10 waiVe 8u~er'1 rlahl, uncler Ihi. lubpar..rlph ..ithill the rime for obllinin. I cOlllm;UDenl Dr. .nar dilillClnl err_. f.it. 10 .....d
<br />\he lerms and conditionl o(!he commilment by Ihe clOlinS d.le.lhell eilber p.rty !hele.fler. by wrillen l)oricelO lhe Olber,may c.lIeellhii Contract and Buyer IhRII be refunded Ihc deposil('); or
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<br />I ] (c) The cxillin. mona'll', described in Parlll10pb IICe) .bove, hili: [ I' variable intcrlal rarc; or [ ). fixed i.tereol roll of '4 pel 'Mllm. Allin.. of Ull. lno...fcf.
<br />lome rlXed inlwCllralel arc lub,iecl 10 inerellc; if im:reued, Ihe rile lhall nor exceed % per .nnUm. Seller Ih.1I fumilh . lI.tel1lCl'll frDIn etch morls,see ''''IjnS \he
<br />prineip.1 b.l.nel. mcl/lod or paymenL inrcrelr fill .nd .1.lUS of mons.11 or IUlbori%1 Buyer or Clolinl Alelll \0 obtain the lime. If Buyer h.. .arced 10 Issume a mona1lle ...bich requires
<br />Ipproval of Buyer by Ihe mortg'sce Cor ...umplion.lhcn Buyer Ihall promptly obllin rhe necen.ry .pplicatioo and diliaently complete Ind ltllllm ir 10 lite mona.ace, MY rrw"!plle ch~rle(S;
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<br />not 10 exceed S (I % of .mounl.ssumccl iflen blank), sh.lI be paid by Buyer. If Buyer is \101.eeepted by OIOltgallco or lho rcquiremenu Corllsumplion
<br />are nolln .ecor<l3nee WIlli lhc renn. or Illl. ConU.el or morlgallct makes a cbarllC In excelS or lbe al.1eCI amounl, Seller or Buyu m.y rescind Ihi. Conlr.el by wrillen ooliee ID t/le
<br />DI~er pany IInleu either eleela lD pa7 the incrcue ie intercol ra~ Dr exec.. mArllllc .harlcI,
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<br />V, TlTLE EVIDENCE: Ar leasr ~ day. befor. clo.inS dala, (CHECK ONLY ONB): Dtl Seller shall,.t Seller'. expense. deliver 10 Buyer or Buycl'. .norDcy: or ( I Buyor .halllr Buyer't
<br />expcnlC obl.in CCneCK ONL V ONE);( ) .bstrael Orlillo; or IXllill. insurance commilll\Cnl (with legible copies of WlNnleDI, Iilll:d IS elltepliollt 'luehcd Ihereto) .nd. aner clolins. .n
<br />owner'. policy Dr lille Inauranee,
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<br />VI. CLOSINCi DATE: Tnis llanS3elion .".11 be eloseO anO IIIc eloSillg documentS Oclivcre4 on C Rea addendum) . unlclS 1II0aancCllly OlnOl provislona
<br />Dr Lhi. Co..trt.~
<br />VII, RESTIUCTIONS; EASEMEN1'Sj LIMITATIONS. lluy.r .h.lllak~ litl~ subjllel 10' eompr~h~n.iv. l.nd u.~ pt.ns, 'Dninl. re'lti.,i"n., prohibition. .nd Olltlr requir.,ncnl' in'po.ed by
<br />,ovcmmenral .ulhorilY: rCllrietionl .nd m.tten .ppe.rinll on the pl.1 or olhClWile common 10 lhc .ubdivision: oUlOllndinll oil, ,.. .110 Illineral riebls or record wilhoUI richl of enlry; public
<br />ulility nscmenll of record (e~scmcnu Ire 10 be loc.led contiguoullO rCII property linea IIId nol mDre Ill.n 10 fc.cl in wiellb "10 rh. rear or C'onlli"e. .ni! 7 III fect ill widlh u 10 the lide
<br />lines. IInl... olherwlUlllted herein); I'Xes ror ynr of closina .nd lubu'IUCIII ycar.: ISSIImed mortg.gCl and purchue money monsllel, if .ny (if Idditional ilcml. we lIc1clendum);
<br />provided. lhlllhere exillS.t elosio, no viol.lioll oflhe (oreaoinl .nd none prevenr ule oEthe Property for municipal use purpoie(s).
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<br />VIJI.OCClJP~NCY: Seller wan.nt. \/Iar Ihere Ire no p.nica in occUP.m:y olber IhlD Sel1cr;~KjUD"J'~XitJR'Ri1tM_"~IIcHIlClXbimucJllodKDO~Ma~
<br />.0ll*MIJGO(*K~~R.>d_1llMlMrJo1O~1k6c Seller .b.1I deliver occupllley 01 Property ro Buyer al time or closina unlCliI olherwile III led hercin. If occupancy
<br />i. 10 be dclivCl'c:d before closilll. Buyer .IIUDlCli III rilk. 011011 10 Property trom d3te ot occupanc)', .hall be rClipoDlible .od Ii.ble {or m.inrcnlm:1 frOIll lMt dlile, .nd .hell be dcc:med
<br />10 have leecprcd Propeny in ill cxillins coodition II of lime ot lakioS occuPlocy unlen otbcrwile lilted berein.
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<br />IX. TYPEWJUTTF.N OR 8A.NPWRJtTEN PROVISIONS: Typewritlen or bandwrilleo proviaions, ridcn; .nd .ddendllhlll conlrol.U printcd provisions oltbi. ContracI in connicI witb rhem.
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<br />X. RIDERS: (CHECK Ihose ride,. which .re .pplic.ble AND .re .n.ehed 10 Ibis Conlncl):
<br />[ ] COMPREHBNSIVB RIDER [ ) HOMEOWNERS' ASSN, [ 1 COASTAL CONSTR.UCTION CONTROL LINE
<br />[ ] CONOOMINlUM [ 1 "AS IS" [ ) INSULATION
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<br />[ }VMHA [ )LE.AD-nASEDPAlNT (XI Addendum
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<br />XI, ASSICNABILltY; (CHECK ONLY ONE): Buycr [ ] mlY usign Ind Ihereby be rolclled from .ny furlher liabilily under Ihi. COtIll'.CI; [ I m.y ...illl ~~~IOIllIi'bililY
<br />under l/Iis Canlr.et; or !XI may nol .Hilll this ConLrlCl,
<br />XII. DISCLOSUI'lI.S:
<br />C.) Radon ill n'lurally QCCurrins raclioaclivc.u WI wben .ccumullled in . bllildins in lufficicnt quantili.. may prClenr he.llh riaklto perlOOI who are oRposed ro il oVCllimc. L'~lb of radon
<br />Ih.rcxecc:d fedwlland .tale fllidclillCl hive been found in buUdinJ' ill florid., AddiliODel inform. lion rlludillS R.don or RadoD resling OI'y be ob~incd from YOllr County Public: Hcellh unit
<br />(b) Bu)'Cl' actnowlCd&CS rcccip oflhl flOrldllMldln, ~erl)l.l!m-elency Rarlns SYSlem 8rocb\ll'c.
<br />(.) Iflbe rul proper'ly .n..lud.. p.....I!l'7. ,.Iidulial boulinslhcn .Iud-bucd p.illt rider i.llllnd.lory.
<br />Cd] IlSelllr i.. -rDreiaft penon" .. defined by tile Poreiln luvutraenl in aul_P!opcny Till Act.lheplrtiCl Ihlll c~lI1ply wilh lh.1 Ael.
<br />(e) If Bu)'ct will be obliiAled 10 be I member of. bomeownCl1' ..sociarioll, BUYER. SHOULD NOT BXECUTE TJDS CONTRACT UNI1L BuYER HAS RECEIVED AND R.EAD THB
<br />HOMEOWNERS' ASSOCIA nON DISCLOSURB.
<br />XIII, MAXIMUM REPAIR COSTS: Seller aIlllI nol bo te.potI.iblo fOf p'ymeDII in excell of:
<br />(.) S NIA for llutracnl.nd rep.if under Sllndlrd D (if blank, Ihen 2% oflbo Pu~hlse Price).
<br />(b) S 1::I.LA for rep.ir .nd repllcement unOer Stanoaro N (IrOlinlC. lIlen 3% of lIIe rurcllue !"rICe),
<br />XIV. SrECIAL Ct.A\lSIt3; ADDENDA: It IddilionallCl\Jl3 .... 10 be provided, .11.." addcncl..m .nd CHECK HERE I I,
<br />XV. STANDARDS Jl'OR REAL ESTATE TRANSACtiONS: Standards A IbroUlh W 00 lhe reverS& lide or .uacbcd .re incorpor.led... pan oflhil Conlracl.
<br />TtIlS IS INTENDEP TO BE A LECiALLY BIl'fDINC CONTRACt. IF NOT FULLY UNDERSTOOD. SEEK THE ADVICE Oil AN ATrOal'(EY PRIOR TO SICNINC.
<br />THIS FORM HAS BEEN APl'ROVED BY THB Pl.OMlA ASSOCIATION Of REALTORS AND THE fLOIUDA BAR.
<br />App...,.'al Jac. no' co,u,;,..,.... .1"/on ,luIr .11)' _/11I. I.,rru ."J ca""I,;,,,., i" III;' COIl"IU;1 ,1o"..ld .. ""9'" by I." ".."1., I" . p""/evl", ".","c,i"ll. r""uu II"d c""Ji,;on. .1I"uld
<br />b. Illpiifllled bfIJ,CIl WPfIIIl lit. "lIp"tiw illlvem. obJ~rhie$ fIIlfd bfIJ",ailfilfl pIJIi/iolfl of filII irr""""t/ paTlOIlS.
<br />COPYIlIOHT I !l98 BY THB FLOJUDA BAR A NO TIlE FLORIDA ASliOCIA T/ON Of UAL TORS
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<br />10.000.QJL
<br />100.00
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<br />......,.."....,......,..,......, .5
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<br />M/..u L..U..-
<br />Isles Beach ~~~
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<br />(:5elle'l;olden Strand International,
<br />Socl.. sccuflly or till J.D. If
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<br />(Dlle)
<br />Inc.
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<br />(D.te) (Seller)
<br />Socill Sesurily Of T.ll I,D.1f Soei.l Sccurily Of Tax r.D. If
<br />Dcpolir under P.rlllr.ph II (.) received; IF OTREIl TlIAN CASH. THEN SUBJBCT TO Cl.BAAANCB. JlJl.ro] d M _ ~ i ~ l!l""4 P . A.
<br />BROKER'S r!:l!:: TIle brokcr, n.rned below, inc)udin.lislilll anc! CQoperalinl broken. .,.I/Ie only broker. eruillcd 10 compeDSldon In cONltc:llon willi 1/1/. Conlr.el:
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<br />Nlme:
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<br />(Dale)
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<br />(Escro\ll A&Cnt)
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<br />Cooperid... Broken. " an)'
<br />I'AIVBAl\-' acvlled 8198
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<br />LI.,r.1 Broker
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