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Authentislgn 1D: 821E2127-ElFD-EEl1-AAF2.60458DD68161
<br />275 ,�_
<br />276 '
<br />277 , if i9eeesselay) inspeeflen ef the PFepei4y solely te eei9fiFrA that all Items ef Persona'
<br />278
<br />279 Maintemernee ReqHiFefflent and has ffiet all etheF eemtFaetual abligatiens.
<br />280 (c) SELLER ASSISTANCE AND COOPERATION IN CLOSE-OUT OF BUILDING PERMITS: If Buyer's inspection
<br />281 of the Property identifies open or needed building permits, then Seller shall promptly deliver to Buyer all plans,
<br />282 written documentation or other information in Seller's possession, knowledge, or control relating to
<br />283 improvements to the Property which are the subject of such open or needed permits, and shall promptly
<br />284 cooperate in good faith with Buyer's efforts to obtain estimates of repairs or other work necessary to resolve
<br />285 such permit issues. Seller's obligation to cooperate shall include Seller's execution of necessary authorizations,
<br />286 consents, or other documents necessary for Buyer to conduct inspections and have estimates of such repairs
<br />287 or work prepared, but in fulfilling such obligation, Seller shall not be required to expend, or become obligated to
<br />288 expend, any money.
<br />289 (d) ASSIGNMENT OF REPAIR AND TREATMENT CONTRACTS AND WARRANTIES: At Buyer's option and
<br />290 cost, Seller will, at Closing, assign all assignable repair, treatment and maintenance contracts and warranties
<br />291 to Buyer.
<br />292 ESCROW AGENT AND BROKER
<br />293 13. ESCROW AGENT: Any Closing Agent or Escrow Agent (collectively "Agent") receiving the Deposit, other funds
<br />294 and other items is authorized, and agrees by acceptance of them, to deposit them promptly, hold same in escrow
<br />295 within the State of Florida and, subject to Collection, disburse them in accordance with terms and conditions of this
<br />296 Contract. Failure of funds to become Collected shall not excuse Buyer's performance. When conflicting demands
<br />297 for the Deposit are received, or Agent has a good faith doubt as to entitlement to the Deposit, Agent may take such
<br />298 actions permitted by this Paragraph 13, as Agent deems advisable. If in doubt as to Agent's duties or liabilities
<br />299 under this Contract, Agent may, at Agent's option, continue to hold the subject matter of the escrow until the parties
<br />300 agree to its disbursement or until a final judgment of a court of competent jurisdiction shall determine the rights of
<br />301 the parties, or Agent may deposit same with the clerk of the circuit court having jurisdiction of the dispute. An
<br />302 attorney who represents a party and also acts as Agent may represent such party in such action. Upon notifying all
<br />303 parties concerned of such action, all liability on the part of Agent shall fully terminate, except to the extent of
<br />304 accounting for any items previously delivered out of escrow. If a licensed real estate broker, Agent will comply with
<br />305 provisions of Chapter 475, F.S., as amended and FREC rules to timely resolve escrow disputes through mediation,
<br />306 arbitration, interpleader or an escrow disbursement order.
<br />307 In any proceeding between Buyer and Seller wherein Agent is made a party because of acting as Agent hereunder,
<br />398 or in any proceeding where Agent interpleads the subject matter of the escrow, Agent shall recover reasonable
<br />309 attorney's fees and costs incurred, to be paid pursuant to court order out of the escrowed funds or equivalent. Agent
<br />310 shall not be liable to any party or person for mis-delivery of any escrowed items, unless such mis-delivery is due to
<br />311 Agent's willful breach of this Contract or Agent's gross negligence. This Paragraph 13 shall survive Closing or
<br />312 termination of this Contract.
<br />313 14. PROFESSIONAL ADVICE; BROKER LIABILITY: Broker advises Buyer and Seller to verify Property condition,
<br />314 square footage, and all other facts and representations made pursuant to this Contract and to consult appropriate
<br />315 professionals for legal, tax, environmental, and other specialized advice concerning matters affecting the Property
<br />316 and the transaction contemplated by this Contract. Broker represents to Buyer that Broker does not reside on the
<br />317 Property and that all representations (oral, written or otherwise) by Broker are based on Seller representations or
<br />318 public records. BUYER AGREES TO RELY SOLELY ON SELLER, PROFESSIONAL INSPECTORS AND
<br />319 GOVERNMENTAL AGENCIES FOR VERIFICATION OF PROPERTY CONDITION, SQUARE FOOTAGE AND
<br />320 FACTS THAT MATERIALLY AFFECT PROPERTY VALUE AND NOT ON THE REPRESENTATIONS (ORAL,
<br />321 WRITTEN OR OTHERWISE) OF BROKER. Buyer and Seiler (individually, the "Indemnifying Party") each
<br />322 individually indemnifies, holds harmless, and releases Broker and Broker's officers, directors, agents and
<br />323 employees from all liability for loss or darnage, including all costs and expenses, and reasonable attorney's fees at
<br />324 all levels, suffered or incurred by Broker and Broker's officers, directors, agents and employees in connection with
<br />326 or arising from claims, demands or causes of action instituted by Buyer or Seller based on: (i) inaccuracy of
<br />326 information provided by the Indemnifying Party or from public records; (ii) Indemnifying Party's misstatements) or
<br />327 failure to perform contractual obligations; (ill) Broker's performance, at Indemnifying Party's request, of any task
<br />328 beyond the scope of services regulated by Chapter 475, F.S., as amended, including Broker's referral,
<br />329 recommendation or retention of any vendor for, or on behalf of, Indemnifying Party; (iv) products or services
<br />330 provided by any such vendor far, or on behalf of, Indemnifying Party; and (v) expenses incurred by any such vendo
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<br />Buyer's Initials Page 6 of 13 Seller's Initials
<br />FloridaRealtors/Fla idaBar-ASIS-6x Rev.7l23 O 2023 Florida Realtors® and The Florida Bar. All rights reserved.
<br />This software is licensed to [Ms. Nancy Groves - YELLOW DOOR REALTY LLC] www. trans actiondesk.com. Adft TRANSACTIONS
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