HomeMy WebLinkAbout1991 04 10 - OfferCity of Sebastian
POST OFFICE BOX 780127 o SEBASTIAN, FLORIDA 32978
TELEPHONE (407) 589-5330 ❑ FAX (407) 589-5570
April 10, 1991
CERTIFIED MAIL
I
Mr. & Mrs. John A. Sorenson
616 South Highway 30 A
Panama City, F1. 32401
Re: Lot 3, Block 208, Unit #10, Sebastian Highlands
Dear Mr. & Mrs. Sorenson:
Sometime ago I wrote to you and offered to purchase the above
referenced lot. Although you had signed the Certified Mail
Receipt, I have heard nothing from you. Additionally, I have
attempted to reach you by phone but was unable to find a listing
in Panama City. We still wish to purchase your lot and will work
with you in any way practical to either pay cash or arrange a
trade for a similarly situated lot within the Sebastian
Highlands.
We have purchased seven of the nine lots in this block which are
needed for the Barber Street Sports Complex. We are currently in
the second phase of a five year project to construct this youth
oriented recreational complex. Phase III of the project will
include development on this lot. While we would much prefer to
negotiate the purchase of this property with you, we will, if
necessary, begin condemnation procedures provided by Florida
State Law.
Of the six lots the City has already purchased, the average
purchase price was $4,949.08. The highest price for any one lot
was $5,465.43. Please consider this letter as the City's offer
of $5,500.00 for this lot, subject to approval of the Sebastian
City Council. If I do not hear from you within the next 30 days,
I will have no other choice but to contact the City Attorney and
request that he initiate condemnation proceedings.
Mr. & Mrs. John A. Sorenson
April 10, 1991
Page 2
Should you need additional information about the City's purchase
of adjoining lots, or other details about the Barber Street
Sports Complex Project, I will be happy to respond to your
questions. Again, we would prefer to negotiate the purchase of
this property rather than to take the property by eminent domain.
Therefore, I ask that you call at your earliest convenience.
Sincerely yours,
f eV4 —
Robert S. McClary
City Manager
RSM/sg
CONTRACT FOR SALE AND PURCHASE
PARTIES: Sohn A. and Grace A. Sorensen (seller').
of c/o Florida Lifestyle Real Estate. Inc. (Phone (407)5RQ_n55n ),
and City of Sebastian (" er").
of C/o Florida Lifestyle Real Estate. Inc. (Phone14m1SNG_nssf) ),
hereby agree that the Seller shall sell and Buyer shall buy the following real property ("Real Properly") and personal property ("Personally") (collectively "Prooarty") upon the following
terms and conditions, which INCLUDE the Standards for Real Estate Transactions ("Standard(sl") printed on the reverse or attached and any Riders and Addwida to this instrument.
I. DESCRIPTION:
(a) Legal description of Real Properly located in Indian River County, Florida
Lot 3. Block 208, Unit 10
Sebastian Highlands
Ib) Street address, city, zip, of the Property is: Rosebush Terrace
(c) Personally: Vacant Land
PURCHASEPRICE...................................................................................................
PAYMENT:
$ 7,500.00
(a) Deposits) tobeheld inescrow by Florida Lifestyle Real Estate Inn in the amount of..$ inn nn
(b) Additional escrow deposit within n/a days after Effective Date in the amount of .................................................... $ -0-
(c) Subject to AND assumption of mortgage in good standing in favor of n/a
having an approximate present principal balance of .. $ —n—
(d) Purchase money mortgage and note bearing annual interest at n/a % (see Addendum) in amount of .................................. $ _U_
(e) Other __ n/a $ _n_
(f) Balance to close (U.S. cash, LOCALLY DRAWN certified or cashiers check), subject to adjustments and proration ........................... $ 7 400..00
III. TIME FOR ACCEPTANCE; EFFECTIVE DATE; FACSIMILE: If this offer is not executed by and delivered to all parties OR FACT OF EXECUTION communicated In writing
between the parties on or before May 9. 1991 , the deposit(s) will, at Buyer's option, be returned to Buyer and this offer withdrawn. A facsimile copy of this
Contract for Sale and Purchase ("Contract") and any signatures hereon shall be considered for all purposes as originals. The dale of Contract ("Effective Date") will be the dale when
the last on of the Buyer and Seller has signed this oiler.
IV. FINANCING:
(a) If the purchase price or any_part of it is to be financed by a third -party loan, this Contract Is conditioned on the Buyer obtaining a written commitment for (CHECK (1)
or (2) or 0): (1) ❑ a fixed, (2) LJ an adjustable or (3) ❑ a fixed or adjustable rale loan within n 49 days alter Effective Dale at an initial interest rale not to exceed-4;t/y-%-
term ofg4a years and for the principal amount of $ n/a . Buyer will make application within n/a days after Effective Date and use reasonable
diligence to Gbiain the loan commitment and, thereafter, to meet the terms and conditions of the commitment and close the loan. Buyer shell pay all loan expenses. If Buyer
fails to obtain the commitment or fails to waive Buyer's rights under this subparagraph within the time for obtaining the commitment or after diligent effort fails to meet the
terms and conditions of the commitment, then either party thereafter by prompt written notice to the other may cancel the Contract and Buyer shall be rpfunded the deposit(s).
(b) The existing mortgage described in Paragraph II(c) above has (CHECK (1) or (2)): (1) ❑ a variable interest rate or (2) ❑ a fixed interest rate of n a %per annum.
At time of title transfer some fixed interest rates are subject to increase. If increased, the rate shall not exceed nn i! n % per annum. Seller shall, within EI/ a days after
Effective Date, furnish statements from all mortgagees staling principal balances, method of payment, interest rate and status of mortgages. If Buyer has agreed to assume a
mortgage which requires approval of Buyer by the mortgagee for assu ption, then Buyer shall promptly obtain all required applications and will diligently complete and return
them to the mortgagee. Any mortgagee charge(s) not to exceed $ n is shall be paid by n/. (it not filled In, equally divided). If Buyer is not
accepted by mortgagee or the requirements for assumption are not In accordance with the terms of this Contract or mortgagee makes a charge In excess of the staled amount,
Seller or Buyer may rescind this Contract by prompt written notice to the other party unless either elects to pay the Increase in interest rate or excess mortgagee charges.
V. TITLE EVIDENCE: At least days before closing date, deliver to Buyer or Buyer's attorney, in accordanceIh Stani A,
;CHECK (1) or (2)): (1) [1 abstract of title or (2) rifle insurance commitment and, after closing, owner's Policy of title insurance., to be paid for by r'BUYER'
VI. CLOSING DATE: This transaction shall be closed and the deed and other closing papers delivered on 'lune 15 , 1991 , unless extended by other provisions of Contract.
VII. RESTRICTIONS; EASEMENTS; LIMITATIONS: Buyer shall take title subject to: zoning, restrictions, prohibitions and other requirements imposed by governmental authority; restrictions
and matters appearing on the plat or otherwise common to the subdivision; public utility easements of record (easements are to be located contiguous to Real Property lines and
Tpl more than 10 feel in width as to the rear or front lines and 71h feel in width as to the side lines, unless otherwise staled herein), taxes for year of closing and subsequent
years; assumed mortgages and purchase money mortgages, if any; other. Those of Record
;provided.
hal there exists at closing no violation of the foregoing and none of them prevents use of Real Property for As Zoned purpose(s).
VIII. OCCUPANCY: Seller warrants that there are no parties in occupancy other than Seller; but, if Property is Intended to be rented or occupied beyond closing, the fact and terms
hereof shall be stated herein and the tenanlls) or occupants disclosed pursuant to Standard F. Seller agrees to deliver occupancy of Property at time of closing unless otherwise
stated herein. If occupancy is to be delivered before closing, Buyer assumes all risk of loss to Property from date of occupancy, shall be responsible and liable for maintenance from
hal date, and shall be deemed to have accepted Properly in its existing condition as of time of taking occupancy unless otherwise stated herein or in a separate writing.
X. TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Typewritten or handwritten provisions shall control all printed provisions of Contract in conflict with them.
RIDERS: (CHECK if any of the following Riders are applicable and are attached to this Contract):
lel ❑ COASTAL CONSTRUCTION CONTROL LINE RIDER (c) ❑ FOREIGN INVESTMENT M REAL PROPERTY TAX ACT RIDER
(b) ❑ CONDOMINUM RIDER (d) ❑ INSULATION RIDER
O. ASSIGNABILITY: (CHECK (1) or (2)): Buyer (1) ❑ may assign or (2) Jg6ay rat assign this Contract.
(11. SPECIAL CLAUSES: (CHECK (1) or (2)): Addendum (1) ❑ is attached or (2)9 there is no Addendum.
(el ❑ FHA/VA RIDER
(f) ❑ OTHER:
TIME IS OF THE ESSENCE OF THIS CONTRACT. BUYER'S INITIALS
DISCLOSURES: Buyer Mckrawledges or ❑ does not acknowledge receipt of the agemy/radon/compensation and estimated closing costs disclosures...
_______________
THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT.
IF NOT FULLY UNDERSTOOD, SEEK THE ADVICE OF AN ATTORNEY PRIOR TO SIGNING.
THIS FORM HAS BEEN APPROVED BY THE FLORIDA ASSOCIATION OF REALTORS AND THE FLORIDA BAR.
Approval does not constitute an opinion that any of the terms and conditions In this Contract should be accepted by the parties in a particular transaction. Terms
and cond/tlo should be negotiated based upon the respective in(eresls, objectives and bargaining positions of all interested persons.
COPYRIGHT 1991 BY THE FLORIDA BAR AND THE FLORIDA ASSOCIATION OF REALTORS
_______________
Date
(Buyer)
ocial Security or Tax I.D. # _
Dale
(Buyer)
ocial Security or Tax I.D. #
eposil under Paragraph fila) received: IF OTHER THAN CASH. THEN SUBJECT TO
(Seller)
Social Security or Tax I.D. #
(Seller)
Social Security or Tax I.D. #
OOKER'S FEE: (CHECK AND COMPLETE THE ONE APPLICABLE) By:
IFA LISTING AGREEMENT IS CURRENTLY IN EFFECT•
R r agrees o pay the Broker nam Delow, me u Ing cooperating sub -agents named, according to the terms of an existing, separate listing agreement:
Dale
Date
(Escrow Agent)
J IF NO LISTING AGREEMENT IS CURRENTLY IN EFFECT:
991wagrees to pay the Broker name elow, al time of closing, from the disbursements of the proceeds of the sale, compensation in the amount of (COMPLETE ONLY ONE)
_ %of gross purchase price or $ for Broker's services in effecting the sale by finding the Buyer ready, willing and able to purchase pursuant to the foregoing
ontracl. If Buyer fails to perform and deposit(s) is retained. 50% thereof, but not exceeding the Broker's fee above provided, shall be paid Broker as full consideration for Brokers
arvices, including costs expended by Broker, and the balance shall be paid to Seller. If the transaction shall not close because of refusal or failure of Seller to perform, Seller shall
ay the full fee to Broker on demand. In any litigation arising cut of the Contract concerning the Broker's fee• the prevailing party shall recover reasonable attorney's fees and costs.
Florida Lifestyle Real Estate, Inc.
(firm name of listing Broker) (firm name of selling Broker) (Seller)
By: By:
(authorized signatory)(auther¢etl signatory) (Seller)
IR/BAR 002A -90a Rev. 1/91 RIDERS CAN BE OBTAINED FROM THE FLORIDA ASSOCIATION OF REALTORS OR THE FLORIDA BAR.
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SNOIJ.OVSNVHI 31V1S3'IV3H HOA SOHVONVIS
PURCHASERS'/RENTERS' INFORMATION FORM 1B
EQUAL
OPPORTUUNITY Vero Beach -Indian River County Board of REALTORS"' , Inc. REALTOR'
SOME INFORMATION RELATIVE TO PURCHASE/RENTAL OF REAL ESTATE
The REALTOR/ASSOCIATE"' hereby provides this statement to afford you, as a consumer, some information with
which to make an informed decision on the purchase/rental of real properly in Indian River County, Florida. You may ex-
ercise any of the rights specified below by the inclusion of an appropriate clause in a purchase contract. This form is provid-
ed for your information; its acceptance in no way obligates you.
1. LEGAL REQUIREMENT. All contracts for real property are required to be in writing to be enforceable and to comply
with the law. The contract will be a legally binding document. There is a recommended resale contract form approved by the
Florida Association of Realtors and the Florida Bar which the REALTOR® can exhibit to you. You have the right to have
legal counsel review this form and represent you pertaining to all legal documentation. The REALTOR/ASSOCIATE° is
required to submit all offers to the seller.
2. FINANCING. Mortgage rates and "points" vary with financial institutions and market place. The Purchaser has the
right to select the lender; the right to negotiate the terms of his financing and other terms and conditions of his loan ar-
rangements. This may be subject to Seller's approval and lender's requirements. If a Seller has agreed to pay points as set
forth in the contract, the Purchaser may not change the loan terms to the detriment of the Seller.
3. AGENCY. As a prospective Purchaser/Renter you should know that the listing and cooperating ("selling")
REALTORS® and Associates are the agents of the Seller/Lessor. Their fiduciary duties of loyalty and faithfulness are ow-
ed to the Seller/Lessor who is their client. However, they are able to provide you with valuable market information and
assistance in your decision making process.
For example, a REALTOR® and REALTOR/ASSOCIATE(" representing the Seller/Lessor can: 1) provide you with in-
formation and available properties and sources of financing; 2) show you available properties and describe their attributes
and amenities; and 3) assist you in submitting an offer to purchase/lease.
Both the listing broker and cooperating broker and their sales agents are obligated by law to treat you honestly and fairly.
They must 1) present all offers to the Seller promptly and 2) respond honestly and accurately to questions concerning the
property.
4. DISCLOSURE AND INSPECTIONS. Florida law requires the Seller to disclose to any potential Purchaser, any
known defects (latent defects which may not be readily visible). As a prospective Purchaser you should exercise your right to
order and arrange for any and all inspections of property which you feel are necessary. It will be your responsibility to pay
for such inspections and it would be prudent to obtain as a minimum, roof, termite, and seawall inspections and then con-
sider the need for inspections covering structure, plumbing, appliances, etc.
5. RADON GAS DISCLOSURE. Radon is a naturally occurring radioactive gas that, when it has accumulated in a
building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that
exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and
radon testing may be obtained from your county public health unit.
You have the right as Purchaser to employ, at your expense, a professional engineer, home inspection specialist or other ex-
pert of your choice to inspect the property and provide to you an analysis of that property as a condition of a purchase of-
fer.
6. EQUAL HOUSING OPPORTUNITY. A REALTOR® is required by law and/or the NATIONAL ASSOCIATION OF
REALTORS® Code of Ethics to treat all parties in a property transaction fairly without regard to race, color, religion, na-
tional origin, ancestry, sex, age, marital status, sexual orientation, presence of children, or physical or mental handicaps.
7. LEASE AGREEMENTS FOR RENTERS. If you are renting property you should note that it is your responsibility or the
responsibility of the lessor to provide you with a formal lease agreement. You should contact your attorney if you have any
questions or need assistance in drawing up or reviewing a lease agreement as your REALTOR/ASSOCIATE° is not per-
mitted to provide this legal service. The "Agreement to Enter into a Lease" form is not a lease and merely serves as a
general understanding of terms which will later be incorporated in a formal lease.
IF YOU HAVE ANY QUESTIONS REGARDING ANY PORTION OF THIS NOTICE ADDITIONAL
INFORMATION IS AVAILABLE AND CAN BE PROVIDED ON REQUEST
The undersigned(s) acknowledges that this written notice was received before the undersigned(s) signed a con-
tractual offer or lease agreement, in compliance with 475.25(1) (q), Florida Statutes, and Rule 21V-10.033,
Florida Administrative Code.
Signature of buyer/seller/tenant/landlord
Signature of salesman (if applicable) and broker
Date
Date
..1.,.,,,.. u. , J,. J,%LL ♦\HL I lJkWIIAJ-
PARTIES: John A. and Grace A. Sorensen saner ),
Of c/o Florida Lifestyle Real Estate. Inc. (Phone-.(4n7)SRO_nSRn ),
and City of Sebastian rpuer'),
of c/o Florida Lifestyle Real Estate. Inc. (Phone /407)589-055n I,
hereby agree that the Seller shall sell and Buyer shall buy the following real properly ("Real�Pro arty") and personal properly ("Personalt ") (collectively "PrOPertY") upon the following
terms and conditions. which INCLUDE the Standards for Real Estate Transactions ("St aMand Isl") printed on the reverse or OIGFIZd and arty Riders and—Addenda to this Instrument.
I. DESCRIPTION:
(a) Legal description of Real Property located in Indian River Criunty, Florida
Lot 3. Block 208, Unit 10
Sebastian Highlands
(b) street address, city, zip, of the Property Is: Rosebush Terrace
(c) Personally: Vacant Land
fl. PURCHASE PRICE.....
PAYMENT:
$ 7,500.00
(a) oeposit(s)tobeheld inescrow by Florida Lifestyle Real F.RtatP Tnr• in the amount of..$ 100 00
(b) Additional escrow deposit within n / a days alter Effective Date in the amount of .................................................... $ —0—
(c) Subject to AND assumption of mortgage In good standing in favor of n / a
having an approximate present principal balance of ..
(d) Purchase money mortgage and note bearing annual interest at n / a % (see Addendum) in amount of .................................. $ —n—
(e) Other: n/a $ _a_
I) Balance to close (U.S, cash, LOCALLY DRAWN certified or cashier's check), subject to adjustments and prorations ........................... $ 7 ,1100 00
III. TIME FOR ACCEPTANCE; EFFECTIVE DATE; FACSIMILE: If this offer is rot executed by and delivered to all parties OR FACT OF EXECUTION communicated in writing
between the parties on or before May 9. 1991 , the deposit(s) will, at Buyer's option, be returned to Buyer and this offer withdrawn. A facsimile copy of this
Contract for Sale and Purchase ('Contract") and any signatures hereon shall be considered for all purposes as originals. The date of Contract ("Effective Date") will be the dale when
the last one of the Buyer and Seller has signed this offer.
IV. FINANCING:
(a) If the purchase price or anypartof it is to be financed by a third -party loan, this Contract is conditioned on the Buyer obtaining a written commitment for (CHECK (1)
or (2) or (3)): (1) ❑ a fixed, (2) IJ an adjustable or (3) ❑ a fixed or adjustable rale loan wilhin.D,[g days after Effective Date at an initial interest rale not to exceed—".,%,
term of Ig IR years and for the principal amount of $ n/ a . Buyer will make application within n/a days after Effective Dale and use reasonable
diligence to l5blain the loan commitment and, thereafter, to meet the terms and conditions of the commitment and close the ban. Buyer shall pay all loan expenses. if Buyer
fails to obtain the commitment or falls to waive Buyer's rights under this subparagraph within the time for obtaining the commitment or after diligent effort fails to meet the
terms and conditions of the commitment, then either party thereafter by prompt written notice to the other may cancel the Contract and Buyer Shall befunded the deposifs).
(b) The existing mortgage described in Paragraph tile) above has (CHECK (1) or (2)): (1) ❑ a variable interest rate or (2) ❑ a fixed interest rate of n a % per annum.
Al lime of title transfer some fixed interest rales are subject to increase. If increased, the rale shall not exceed n 4 a^_ % per annum. Seller shall, within n / a days after
Effective Date, furnish statements from all mortgagees stating principal balances, method of payment, interest rale and status of mortgages. If Buyer has agreed to assume a
mortgage which requires approval of Buyer by the mortgagee for assu lion, then Buyer shall promptly obtain all required applications and will diligently complete and return
them to the mortgagee. Any mortpagee charge(s) not to exceed S!= shall be paid by n/ a (if mi filled in, equally divided). V Buyer is not
accepted by mortgagee or the requirements for assumption are not in accordance with the terms of this Contract or mortgagee makes a charge in excess of the stated amount,
Seller or Buyer may rescind this Contract by prompt written notice to the other party unless either elects to pay the increase in interest rate or excess mortgagee charges.
V. TITLE EVIDENCE: At least days before closing dale.JlaCwh kXk
(CHECK 111 or (2)I: (1) ❑ abstract o - .. _.._ owner s po ICY of bile Insurance EC
VI. CLOSING DATE: This transaction shall be closed and the deed and other closing papers delivered on June 15, 1991
VII. RESTRICTIONS; EASEMENTS; LIMITATIONS: Buyer shall take title subject to: zoning, restrictions, prohibiti5as other requirement
and matters appearing an the plat or otherwise common to the subdivision; public utility easements of record (easements are to be
not more than 10 feet in width as to the rear or front lines and 71h feel In width as to the side lines, unless lett '
years; assumed mortgages and purchase money mortgages, if any; other. lhoaen f
A,
unless extended by other provisions of Contract.
IougaeostD-Real Property lines and
for year of closing and subsequent
; provided,
that there ez'sts.a o violation of the fare imp and pole of them prevents use of Real Properly for Aa 7.nned _ purpose(s).
'VIII. OCCUPANCY: Seller warrants that there a2 nc parties in occupancy other Than Seller, WL it Property is intended to be rented ar occupied beyond closing, the fact and terms
thereof shall be stated herein arch the crept (s) ra occupants tlleclosed pursuant to Standard F. Seller agrees to deliver occupancy of Property al time of Dosing unless otherwise
stated herein. It occupancy is to be delivered before closing, Buyer assumes all risk of loss to Properly Irom dale of occupancy, shall 6e responsible and Mable for maintenance from
Thal dale. and shall be deemetl to have accepted Property in ih ezisling condition as of time of taking occupancy unless otherwise staled herein or in si separate writing.
IX. TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Typewritten or handwrillen provisions shall control all prinletl provisions of Contract in conflict with them.
X. RIDERS: (CHECK if any of the following Riders am applicable and are attached to this Contract):
(a) ❑ COASTAL CONSTRUCTION CONTROL. LINE RIDER (c) ❑ FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT RIDER
(b) ❑ CONDOMINIUM RIDER (d) ❑ INSULATION RIDER
XI. ASSIGNABILITY: (CHECK (1) or (2)): Buyer (1) ❑ may assign or (2) 9,may not assign this Contract.
XIL SPECIAL CLAUSES: (CHECK (1) or (2)): Addendum (1) ❑ is attached or (2)7ff there is ro Addendum.
(e) ❑ FHA/VA RIDER
(1) ❑ OTHER:
XIII. TIME IS OF THE ESSENCE OF THIS CONTRACT. )e B 'S INITIALS
XIV. DISCLOSURES: Buyer Mckrowledges or [I does not acknowledge receipt of the agency/radon/compensalion and estimated closing costs disclosures.v// G
THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. ZAJ Gt U0Iry C,
IF NOT FULLY UNDERSTOOD, SEEK THE ADVICE OF AN ATTORNEY PRIOR TO SIGNING. ft;> B Lt THIS FORM HAS BEEN APPROVED BY THE FLORIDA ASSOCIATION OF REALTORS AND THE FLORIDA BAR.
AAPmV01 does not carstifute an quotiun that any of the terms and condition*; M this Confect should be accepted by the parties /n a particular farLsactiarr. Terms;
and Conditions should be negotiated based n.pan the respective interests, objectives and bargaining positions of an interested persons.
" 1--7 COPYRIGHT 1991 BY THE FLORIDA BAR AND THE FLORIDA ASSOCIATION OF REALTORS
yi'Gw7 7/ Date
(Buyer) Date
(Seller)
Social Security or Tax I.D. #
Date
(Buyer)
Social Security or Tax I.D. #
Social Security or Tax I.D. #
(Seller)
Social Security or Tax I.D. #
Dale
Deposit under Paragraph Ills) received; IF OTHER THAN CASH, THEN SUBJECT TO CLEARANCE. (Escrow Agent)
BROKER'S FEE: (CHECK AND COMPLETE THE ONE APPLICABLE) By:
IF A LISTINO AGREEMENT IS CURRENTLY IN EFFECT:
OR r agrees to pay the UmKer named below, including cooperating sub -agents named, according to the terms of an existing, separate listing agreement:
❑ IFNO LISTING AGREEMENT IS CURRENTLY IN EFFECT:
or
agrees to pay t e
Broker named below. at time o c osing, from the disbursements of the proceeds of the sale, compensation in the amount of (COMPLETE ONLY ONE)
%of gross purchase price or $ for Broker's services in effecting the sale by finding the Buyer ready, willing and able to purchase pursuant to the foregoing
Contract. If Buyer fails to perform and deposits) is retained, 50% thereof, but not exceeding the Broker's fee above provided, shall be paid Broker as full consideration for Broker's
services, including costs expended by Broker, and the balance shall be paid to Seller. If the transaction shall not close because of refusal or failure of Seller to perform, Seller shall
pay the full fee to Broker on demand. In any litigation artsing out of the Contract concerning the Brokers fee, the prevailing party shall recover reasonable attorney's fees and costs.
Florida Lifestyle Real Estate, Inc.
(firm mBroker) (ran name of selling Broker) (Seller)
By: By:
(authorized signatory) (authorized signatory) (Seller)
RIDERS CAN BE OBTAINED FROM THE FLORIDA ASSOCIATION OF REALTORS OR THE FLORIDA BAR.
rBAR 002A.90a Rev. 1/91
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BARBER STREET SPORTS COMPLEX
ADDITIONAL LOTS PURCHASED
BLOCK
LOT
DATE
AMOUNT
208
1
6/85
$ 5,204.00
208
2
11/82
4,080.00
208
3
208
4
208
5
6/86
4,479.64
208
6
2/89
4,500.00
208
7
11/87
5,000.00
208
8
7/87
5,465.43
208
9
7/87
5,465.43
Notes: Offer on Lot 3 pending. Lot 4 is owned by General
Development Corporation ("GDC") and negotiations are pending.
Prepared by: Robert S. McClary
4/26/91
ADDENDUM TO CONTRACT FOR SALE AND
PURCHASE BY AND BETWEEN JOHN A. SORENSEN
AND GRACE A SORENSEN, AS SELLER, AND CITY
OF A SEBASTIAN AS BUYER
The parties hereto agree as follows:
1. This Contract and Buyer's obligations pursuant to
this Contract are contingent upon Buyer receiving, at
least ten (10) days prior to Closing Date, the express
written approval of the City Council and the signature
of the Mayor of the City of Sebastian of the purchase of
the Property and the terms and conditions of this
Contract.
2. Section V shall be amended to read as follows:
"Within twenty (20) days of the Effective Date, Buyer
shall, at Seller's expense, deliver to Buyer or Buyer's
attorney, in accordance with Standard A, a title
insurance commitment.
3. Section VII shall be amended to read as follows:
"Buyer shall take title subject to: zoning,
restrictions, prohibitions and other requirements
imposed by governmental authority and taxes for the year
of closing, and no other matters or restrictions."
4. Standard A shall be amended to state that in the
event defect (s) render title unmarketable, Seller will
have thirty (30) days from the receipt of notice within
which to remove the defect (s).
IN WITNESS WHEREOF, the parties have hereunto set their
hands and seals on the date indicated.
Date:
JOHN A. SORENSEN
Date:
GRACE A. SORENSEN
CITY OF SEBASTIAN
Date: �' aCo G%� By:
UNITED STATES POSTAL SERVIC
OFFICIAL BUSINESS �' P M
SENDER INSTRUCTIONS 30 n R""�' ^ ^—
Print your name, address and ZIP Code
in the space below.
Complete items 1, 2, 3, and 4 on the -�
U.S.NIAIL
reverse. ®®�
• Attach to front of article if space
permits, otherwise affix to back of
article. PENALTY FOR PRIVATE
• Endorse article "Return Receipt USE, $300
Requested" adjacent to number.
RETURN Print Sender's name, address, and ZIP Code in the space below.
TO
OF
P.O. BOX
IIi�Il it �f'�l �21'1!!!�1!F2!l�fi�
®SENDER: Complete items 1 and 2 when additional services are desired, and complete items
3 and 4.
Put your address in the "RETURN TO" Space on the reverse side. Failure to do this will prevent this
card from being returned to you. The return recei t fee will rovide yo the name of the erson delivered
to and the date of delivery. Foradditionaltees t e o owing services are avai a e. onsu t postmaster
Tor tees and MOCK c ox es for additional service(s) requested.
1. ❑ Show to.whom delivered, date, and addressee's address. 2. ❑ Restricted Delivery
(Extra charge) (Extra charge)
3. Article Addressed to:
4. Article Number
P 534-256-492
Mr. & Mrs. John A. Sorenson
Type of Service:
P.O. Box 33
Registered ❑ Insured
Kempner, , Texas 76539
`0
3ACertified ❑ COD
❑ Express Mail ❑ Return Receipt
for Merchandise
Always obtain signature of addressee
or agent and DATE DELIVERED.
5. na ur —Address
8. Addressee's Address (ONLY if
X
requested and fee paid)
6. Si ature — Agent
X
7. Date of Delivery j
L/f L C'
PS Form 3811, Mar. 1988 * U.S.G.P.O. 1988-212-865 DOMESTIC RETURN RECEIPT