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<br />~AY~05-2005 THU 03:50 PM STENSTROM,MCINTOSH,COLBE
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<br />FAX NO, 407 330 2379
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<br />p, 09
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<br />ADDENDUM TO VACANT LAND CONTRACT
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<br />This Addendum is made to the Vacant Land Contract dated , 2005,
<br />belween MARCEL DULONG and JEANNI:: DULONG ("Seller') and CITY OF CASSELBERRY,
<br />FLORIDA, ("BuyerU), concerning the property described on Exhibit "A" attached hereto, (the
<br />"contract").
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<br />WHEREAS, the Buyer Elnd Seller agree to make the following terms and conditions palt of
<br />tile Contract:
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<br />1. As used herein, 'Efí13ctive Pate" shail mean the date on which the City Commission
<br />of the Cily of Cas$",lberry has conditionaily approved this Agreement.
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<br />2. T "¡e Purchase Pric€> of $99,000.00 is conting€>nt upon and subject to Buyer obtaining
<br />an appraisal (or a minimum of $99,000.00, which appraisal shall be performed during the Feasibility
<br />Study Period.
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<br />3. This contract is contingenl upon and subject to the condition<ll and final approval of
<br />the Cily Commission of the City of Cassel be ny, Florida, compliance with §166.045, Florida Statutes,
<br />Dnd the Charter of the City of Casselberry, Florida, as well <IS any other requirements of Florida
<br />laws, which approval is to be obtained during the Feasibility Study Period.
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<br />4. Seller will, within five (5) days from Effective Dale, make available for inspection by
<br />Buyer all written documents in Seller's possession or control affecting the Property including, without
<br />limiting tho generality of the foregoing, any leases affecting the Property, building permits, plats,
<br />plans, sllrveys, title repolis, governmental approvals relating to the Construction and use of the
<br />PrOpêrty, environmÐnlallests, soil tesls, Md service agreements.
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<br />5. This Contract (and ail exhibits and addendums thereto) constitutes the entire
<br />understanding and agreer\1ent between the parties hereto with respect to the subject matter hereof.
<br />No moctificffiÎon or amendment ofthis Conlmct shall be valid and binding upon the parties unless in
<br />writing and executed by the parties to be bound thereby. The provisions of this Conlract shall
<br />survive closing and deliwny of Ille dead and other closing documenls and shall not be extinguIshed
<br />by m\?rger.
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<br />6. Seller shall pay all real estate commíssiol'1s involved in the purchase. Assist2Sell,
<br />acting as Seller's agent shall be paid a reÇj estate commission at closing on the purchase by Seller
<br />in (he amOlll,t of 3%: Tho Tríece Company, acting as Buyer's Agent forthe City of Casselberry, shall
<br />bo paid <I real estate commission at closing on the purchase by Seller in the amount of 2% of the
<br />purchase price; the City of Cassølberry shall receive <I 1 % credit on the closing statement from the
<br />Seller at closing.
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<br />7. Although an escrow fee is not anticipated, the parties agree that in the event an
<br />escrow fee is required b¿¡cause of the closing, it shall be the Buyer's responsibility to pay said fee,
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<br />B. H~,don Gas. Radon is a naturally occurring radioaclive gas that, when it has
<br />accllnlulated in a building in sufficient quantities, may present health risks to persol'1s who are
<br />e'xposed to it over time. Levels of radon that exceed federal and state guidelines have been (ound
<br />in b~li1dings in Florida. Additional information regarding radon and radon testing may be obtained
<br />fwm YOllr county public he!)lth unit. Buyer may, wjlhin Ihe Feasibílity Study Period, have an
<br />appwpriately licen$€d person test the property for radort. If the radon level exceeds acceptable EP A
<br />slanclMds, Seller may choose to reduce the radon level to an acceptable EPA level, failing which
<br />.dlher party may cancel this Contrfld.
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