RECEIPT FOR DEPOSIT AND CONTRACT FOR SALE
,.,....."" ,
". Receipt for Deposit. tffer to Pnrvha8~ ~~;.n~;D~a~ "'i;;'~;;"" ""
Date Marob IS. 1963
RECEIPT is hereby acknowledged by C~"IM.t a\ t MIf..l I".etate I.: Realtor,
a Registered Real Estate Broker hereinafter called Agent, ( ) cash (z) check in t~e sum of _....,_ _ __..
)'t... tho'... ---- - -- --- --- -- 17-" --- .....nOLLARS ($5,000.00 )
from ~IOA K. ,1o'-8I!t.. Jr. ' hereinafter called Buyer,
as an earnest money deposit and as a part of the purchase price on account of offer to purchase the property of
hereinafter called Seller,
said property being situated in the County of , and State of Florida, to wit:
SM attaohed P!lP II Ihow1u l~1t1oaUon Ud
lep.l tIe8ol'lpt;iiD -1deni a part of w. contrac't.
. Upon
a reasona e I Buyerl
the Seller ,shall deliver the title in its existing condition, otherwise the Agent. or the Seller. holding the herein mentioned earnest money
deposit shall return same to the Buyer upon demand therefor, and all rights and liabilities on the part of the Buyer arising hereunder shall
terminate. Provided, however. that in the event of a disagreement between the Seller and the Buyer or his said attorney. as to the marketability
of the title! .the Seller may offer the binder of a reputable and solvent title insurance company, agreeing to insure the marketability of said title,
which shal be conclusive that said title is merchantable. Upon rllturn of said defosit under such conditions. the Seller shall pay the Agent the
commission specified hereunder or at the option of the Agent. an agreed sum no exceeding the regular commission, to cover expenses incurred,
3. Zonlng-Rest1'lctloD&-It is understood and agreed above mentioned property is being sold subject to the zoning ordinances. restrictions
and limitations of record and pUblic utility easements of record, if any, which do not interfere with use of said property for
~j ..... purposes.
4. Kind of Deed-Conveyance of title shall be by a-.~"'l ~ deed. free and clear of all encumbrances and
liens of whatsoever nature. except as herein otherwise provided, and said deed s all e prepared without expense to the Buyer,
5. Documentary Stamp&-The Buyer shall properly execute the required notes and mortgages, if any, and shall pay for the documentary
stamps on the purchase money note and for, recording the deed. Seller shall pay for the documentary stamps on, the deed. and for the
intangible tax and recording the purchaSe money mortgage, if any.
6. Closing Costs-If this transaction shall be closed through an abstract office, bank. law oftice. or any other agency than the office of
the Agent. and where a closing or escrow charge is made, such expense shall be borne by the "11..
7. Proration of Taxes. LleDS. etc.-All adjustments of taxes. liens. insurance premiums. interests, rents or other items on said property are
to be made on a pro rata basis as of the specified time or date of closing. (If taxes and other items are not to be prorated. specify agreement as
to such items.)
Possession will be given Buyer on J)a'e of Cloe1ra.c
8. Survey-If the Buyer desires a survey of the property, he may have the property surveyed at his expense prior to Closing date. If the
survey shows any encroachments on the land herein described or that the improvements located on the land herein described encroach on other
lands. written n'otice to that effect shall be given the Seller and Seller shall have the same time to remove such encroachments as is allowed
under this contract for the curing of defects of title. If the Seller shall fail to remove or cure said encroachments within said period of time.
then the deposit this day paid shall, at the option of the Buyer be returned to Buyer upon demand, all rights and liabilities ariSing hereunder
shall terminate, or Buyer may, at his opition, close this transaction in the same manner as if no such defect had been found.
9.Loss 01' Damage-The risk of loss or damage to premises by fire or otherwise. until delivery of deed, is assumed by the Seller. The
Seller further agrees to deliver the property in the same condition as it is when this contract is executed,
10. Employment of Agent-CommluloD-DIsposIt1oa of De-U-The Seller acknowledges that he has employed the Agent to find a
purchaser and agrees to pay to said Agent for his services, out of the first money received, the commission applicable on the sale of this type
of property, or such sum as may have heretofore been agreed to in writing, If the said Buyer fails to perform the covenants herein contained
within the time specified, and the Seller elects not to reqUire a specific performance thereof, or sue for damaies. the aforesaid deposit made
by the Buyer may be forfeited as liquidated dama es (u on ten days' notice to the Buyer or his said attorney and one-half thereof, shall be
retained by or paid to said Agent and the remain~r to fhe Seller, unless. because of expense incurred, the lat er shall agree or has agreed in
writing to a greater percentage" being 'paid--to the Agent; provided, however., that the Agent's proportion shall--not'exceed the fUll--amount of
the commission herein stipulated.
II. DefinlUon&-The words "BUYer", "Seller", and "Agent" herein employed shall be' construed to include the plural as well as the
singular, and this contract shall be binding upon their heirs, administrators, executors, successors and assigns. and the masculine shai,l include
the feminine and neuter, where the context 80 admJts or reqUires.
12. Ma:ldng Time of Euence BDCI Notice-Time may be made the essence of this contract by notice in writing. stipUlating a reasonable
time for further performance, Any notice necessary under this agreement may be sent by mail to the last known address of Jhe..party to be
notified. _..:-. ""
THIS INSTRUMENT shall become effective as a contract when signed by Agent, Buyer. and Seller, If not executed by plrJ>artles on or
before ~l 1'. 1~ any moneys deposited shall be refunded and t pro sed tra ction shal erminate,
BphAanut &. W. >>"'1 ~_oker or Agent. By
. r we, alldoQihl\ii ov Er~ .la>p~jy...orw!.t~1ertBi. and conditions stated in the ,e oing instrument..
Itn es: ..... p UIII nIP ,,~. "-
~~~~--::::;
uyer
I, or we, Ii ee tb -'sell the above mentioned property to the above named Buyer or his nominee on the terms and condi-
tions stated in the above instrument and by the signatures attached on the I S day of IJ' ~ I L- 19Q....
signify our acceptance and approval of the proposed sale.
COPYRIGHT BY THE FLORIDA ASSOCIA TIOR OF REAL TORS
-
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, Realtor,
ACK;NOWLEDGMENT OF INDIVIDUALS
---
State of
County of
} 55.
'/
:--.
I HEREBY CERTIFY, That this day in the next.above named State and County, before me, at:l: officer
duly authorized and acting personally appearen
to me well known and known to me to be the individual
instrument and acknowledged then and there before me that
executed said instrument.
described in and who executed the foregoing
WITNESS my hand and official seal this
day of
, A. D. 19_, at
Notary Public
My commission expires on the
day of
, A. D. 19_
CORPORATION ACICNOWLEDGMENT
State of
County of
1 55.
I HEREBY CERTIFY, 'that' on this'
, A. D. 19_, before me
day of
personally appearen and
respectively President and of
a corporation under the laws of the State of to me known to be the individuals and
officers described in and who executed the foregoing instrument to
and severally acknowledged the execution thereof to be their free act and deed as such officers thereunto duly
authorized; and that the official seal of said corporation is duly affixed thereto, and the said instrument is the
act and deed of said corporation.
WITNESS my signature and official seal at in the County of
and State of the day and year last aforesaid.
L. S.
Notary PUblic
My commission expires on the
day of
, A. D. 19_
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