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Form Simplicity <br />6/20/18, 7:56 AM <br />"AS IS" Residential Contract For Sale And Purchase <br />THIS FORM HAS BEEN APPROVED BY THE FLORIDA REALTORS AND THE FLORIDA BAR i 's € "' 3 Realtors, <br />1' PARTIES: Paul D. Blais and Robin A. Boring, Tenants by the Entirety ("Seller"), <br />2• and City of Casselberry, a Florida Municipal Corporation ("Buyer"), <br />3 agree that Seller shall sell and Buyer shall buy the following described Real Property and Personal Property <br />4 (collectively "Property") pursuant to the terms and conditions of this AS IS Residential Contract For Sale And Purchase <br />5 and any riders and addenda ("Contract"): <br />6 1. PROPERTY DESCRIPTION: <br />7- (a) Street address, city, zip: 329 Seminola Blvd., Casselberry, FL 32707 <br />8' (b) Located in: Seminole County, Florida. Property Tax ID #: 09-21-30-502-0000-0020 <br />9• (c) Real Property: The legal description is Lot 2 (less road), LAKE KATHRYN ESTATES, according to the Plat <br />10 thereof, as recorded in Plat Book 11 Page 2 Public Records of Seminole County Florida together with all <br />11 "LITTORAL RIGHTS" to the waters of Lake Kathryn The property is the Homestead of the SELLERS <br />12 together with all existing improvements and fixtures, including built-in appliances, built-in furnishings and <br />13 attached wall-to-wall carpeting and flooring ("Real Property") unless specifically excluded in Paragraph 1(e) or <br />14 by other terms of this Contract. <br />15 (d) Personal Property: Unless excluded in Paragraph 1(e) or by other terms of this Contract, the following items <br />16 which are owned by Seller and existing on the Property as of the date of the initial offer are included in the <br />17 purchase: range(s)/oven(s), refrigerator(s), dishwasher(s), disposal, ceiling fan(s), intercom, light fixture(s), <br />18 drapery rods and draperies, blinds, window treatments, smoke detector(s), garage door opener(s), security gate <br />19 and other access devices, and storm shutters/panels ("Personal Property"). <br />20• Other Personal Property items included in this purchase are: <br />21 <br />22 Personal Property is included in the Purchase Price, has no contributory value, and shall be left for the Buyer. <br />23' (e) The following items are excluded from the purchase: <br />24 <br />25 PURCHASE PRICE AND CLOSING <br />26• 2. PURCHASE PRICE (U.S. currency): ............................................................................................... $ 415,000.00 <br />27• (a) Initial deposit to be held in escrow in the amount of (checks subject to COLLECTION) ....... $ 5,000.00 <br />28 The initial deposit made payable and delivered to "Escrow Agent' named below <br />29' (CHECK ONE): (i) ❑ accompanies offer or (ii) 0 is to be made within 5 (if left <br />30 blank, then 3) days after Effective Date. IF NEITHER BOX IS CHECKED, THEN <br />31 OPTION (ii) SHALL BE DEEMED SELECTED. <br />32- Escrow Agent Information: Name: Garganese, Weiss, D'Agresta & Salzman, PA <br />33' Address: 111 N. Orange Ave., Suite 2000, Orlando, FL 32802 <br />34- Phone: (407) 425-9566 E-mail: creischmann or andolaw.net Fax: 407) 425-9596 <br />35" (b) Additional deposit to be delivered to Escrow Agent within (if left blank, then 10) <br />38• days after Effective Date...........................................................................................................$ <br />37 (All deposits paid or agreed to be paid, are collectively referred to as the "Deposit") <br />38' (c) Financing: Express as a dollar amount or percentage ("Loan Amount") see Paragraph 8 ......... <br />39' (d) Other: ................ $ <br />40 (e) Balance to close (not including Buyer's closing costs, prepaids and prorations) by wire <br />41' transfer or other COLLECTED funds....................................................................................... $ 410,000.00 <br />42 NOTE: For the definition of "COLLECTION" or "COLLECTED" see STANDARD S. <br />43 3. TIME FOR ACCEPTANCE OF OFFER AND COUNTER-OFFERS; EFFECTIVE DATE: <br />44 (a) If not signed by Buyer and Seller, and an executed copy delivered to all parties on or before <br />45' June 28, 2018 , this offer shall be deemed withdrawn and the Deposit, if any, shall be returned to <br />4$ Buyer. Unless otherwise stated, time for acceptance of any counter-offers shall be within 2 days after the day <br />47 the counter-offer is delivered. <br />48 (b) The effective date of this Contract shall be the date when the last one of the Buyer and Seller has signed or <br />49 initialed and delivered this offer or final counter-offer ("Effective Date"). <br />50 4. CLOSING DATE: Unless modified by other provisions of this Contract, the closing of this transaction shall occur <br />51 and the closing documents required to be furnished by each party pursuant to this Contract shall be delivered <br />52' ("Closing") on August 23, 2018 _ ("Closing Date"), at the time established by the Closing Agent. <br />Buyer's Initials ` Page 1 of 12 Seller's Initials ;0-�) <br />Florid aRealtors/Flori ar-ASIS-5 Rev.4/17 O 2017 Florida Realtors,° and The Florida Bar. All rights reserved. <br />Serial#: 052134-300152.9495725 <br />http://forms.floridarealtors.org/users/renderpdfviewer Page 1 of 12 <br />