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Resolution No. 2021-040RCITY OF CLERMONT C LNT d ate. RESOLUTION NO.2021-04OR A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CLERMONT APPROVING THE AGREEMENT FOR THE PURCHASE OF 0.11 +/- ACRES OF CERTAIN REAL PROPERTY LOCATED ON LAKE MINNEOLA DRIVE (LOT 15, BLOCK 117, CLERMONT, JOHNSON'S REPLAT) FROM BRUCE AND JANINE CAMPBELL FOR THE PURCHASE PRICE OF $150,000 AND AUTHORIZING THE MAYOR AND CITY MANAGER TO PERFORM ALL ACTS NECESSARY AND APPROPRIATE TO CLOSE ON THE PROPERTY AS PROVIDED HEREIN; PROVIDING FOR THE ADMINISTRATIVE CORRECTION OF SCRIVENERS ERROR; AND, AN EFFECTIVE DATE. WHEREAS, the purchase of real property located on Lake Minneola Drive and with the legal description of Lot 15, Block 117, Clermont, Johnson's Replat, for public purposes use by the City of Clermont is in the best interests of the citizens of the City of Clermont. WHEREAS, on May 25, 2021 the City Council of the City of Clermont, Florida did hereby approve and authorize the Mayor to enter into the contract attached hereto and incorporated as Exhibit "A" for the purchase of 0.11 +/- acres of real property located on Lake Minneola Drive and with the legal description of Lot 15, Block 117, Clermont, Johnson's Replat, from Bruce and Janine Campbell for $150,000. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Clermont, Florida, as follows: SECTION 1: The City Council further authorizes the City Manager to perform all acts necessary and appropriate to close on the property including, but not limited to, executing any and all documents at closing. SECTION 2: The City Manager is specifically authorized to withhold the formal written agreement and completion of the transaction upon determination of any matter or factor, hereafter coming to his/her attention which may indicate such action is not in the City's best interest, provided that upon such withholding, the City Manager, with reasonable dispatch, shall present the issue to the City Council, in session, for review and direction. SECTION 3: This Resolution may be re -numbered or re -lettered, and/or corrected for typographical and/or scrivener's errors which do not affect the intent of said resolution, as authorized by the City Manager or designee, without need of public hearing, by filing a corrected copy of same with the City Clerk. SECTION 4: This Resolution shall take effect immediately upon its adoption. Page I 1 of 11 C�� CITY OF CLERMONT �— RESOLUTION NO.2021-04OR DONE AND RESOLVED by the Mayor of the City Council of the City of Clermont, Lake County, Florida, this 13th day of July, 2021. r" ATT i. .. Tracy Ackroy"owe, MMC City Clerk Approved as to Form and Legality: Daniel F. Mantzaris, City Attorney Page 12 of I I CITY OF CLERMONT WL- Tim Murry, MayorA CLECITY OF CLERMONT RESOLUTION NO.2021-04OR 0XitiBiT A Vacant land Contract Realtors 1 • 1. gale and Purchaav: tz1,0• tx apa2• and (gW(ar) 3 (the •Pattie agn3e t0 se0 avid twy trz the terms anti oondttiarts sPediled bekxtir fine property ("ProPttrtlt }(`Ririe►') ¢ destxfaed as - 5• Address, 1134 zaa jonay cram oat a'�Ptiar: cs�� 3[7tl 1 • snaltaott'a ttspzar LOT 15 I= 117 78 a P9 71 bits 2633 PC 2110 a 4 �P ti• SEC 11"1 A*4 of TAJCG co". Florida. Real Prop" 1D No.: z3---2s-•+ao-xrt-wsoa 13 12. iwk dit ail tmPraver,►anta exiaGng an ftm Pmp-w- } and the folowing additional p vpwiy: '- 14' 2. Pntthaae PrI00- (U-S. Currency) .................................. is Al depceaa Will be ruede _�..5 Yso,eeo.00 p4table t)' Esarw Agsist" r►ameri below sa,a Bela in escrow 1@• Escrow Agenra Pierre: _seats Mran Arty IT, Escrow A 9nes Contact PetHon: !r> clt•2I� - is• Escrow Agent's Addt'sss: 3o4 te>.•t sro•A ats.•t Gxov •ia»d rL 34736 ie= Etxrow Agent a Phgnp: 3324292183 20• Esaowv AgerlCa Eanalk aCOtB•ae[ afllYtrprEfO•. oi4.1 21 (a) kN1i8t deP0GPl fW if left Wank) (Check ff appille") 22. a accomperwes offer xi• ❑ wU ba delivered to EMLOW Agent wlihln days (3 days if an blenk) 24. after Effective Dabs ................... 23 (!s) Additianat deposit wffl be delivd to Escttaw - - 2.000.00 20• 0 within days (10 days if left blank) ads EEftcUm oats �ic�bfa) 27• O wt'uMn days (3 days If left blink) alter W*Btlon of Feasibility Surly period ,•„•„; 2.fl• (e) Total Fffarncing (Gee ParsgraPH 6) (expreaa as a dollaramount or perow tage)__•_.........„ $ 20+ (d) Other 30 (a) Betence to dose (rot indudinq r'a .....".... 31• to be paid at closing by Wire ftfW r or other id.t..... end P...... one) t,Otiecsed funds..............._ ......................... $ 11l'000. o0 33` (ti El (Compk*e N Pumtmee price will be def?ltrlined bused on a Per tx* cost hotead Of a fixed prIM.) The unit used t0 detefin ne the "&age price fs 0 tot C) teas ❑ Square foot 0 other (spaeUy): 34- Prer3tln9 areas of ieea than a Aril snit. The purd+aaa price will be 3e cakx>lallon of tDW area of the Properly as oat ONd to Sailer and Buyer by a Floods licensed based on a V. cslmAdlolt: Socordamm wkh +Pi� t3(ck The whip +� of Weil' NA other arem vwNl be excluded f m the in 330 3. Tkne nor A-GPU*me: E&cWG ns*. lfnlosa th's offer is ttigrted by Suffer and Buyer and an executed copy delivered to 20 PerVee on ar beilore sL�aa7al this offer Mill be withdrawn and Buyer's daprt jr4o silty, will be returned. The *" for aWSPtti " of rA iy 00unter-offer will be 3 days attar the date the rotrtder-offer is 41 de*ve-d. The "EffwW& Daft, of a" COrr MU W the date on which the last Otte at the Salkw and i�3UW liars 42 3tyrtad Or Initialed and del%wW this olfar Or the final cour*sr. of er as' 4. ClaainB t7aee: This frartaeWm will does an G 32 2G2i (`C'doating Date,), unless sPeclAcatty, 44 t9rrded by aNter Prowlewntr of utits tail !1Ct The Cloaktp Data W prevail aver all other lime pe$ode irx.ltxting• but 46 nail limited to, tonal IFkkgnnQ and Fea9tttnity ShAdy Periods. However, if the C bskV Date Gomm on a 47 day48 - Inythe event inst ca twdhAfte wdl exretrd 10 5:04 P.rtt. (wttm fife Property its bceW of tits nwd b need 41 insurance. Buyer may postpone rivriWsg to s►Bpended ort Closing Date and Buyer Is unabia to obtain properly dt>sing for uP to 5 days after the inatsrantx* ttndetwrltirsp Btetpenelon is titled. if 49 ills trans8diotr does vies dotre for any , B+tjer will immediately retM all ftllar provided dommenis arsd so ether items. 51 5. l=xtar 1011 of C &Mktg heirs: If Paragraph 8(b)- Is clredced and Closing Funds frtrrt Buyses lender(a) ere not st av %W* On hosing Date due to Cmatmter Finn cW Pnaecuon aumvu owing Distdroetre deck wy rawk meets W6'1� and Seder eff—) rsoetpt ota oopyof fi*pttp9 Wridt ie i ova pag". 4m70 Flvla. Ae.rn�rp This •oft mmm is 21 mtaod to pliek2 r➢S•.oldf,m= r4C ZZ 1iT.t►Cl W= AIRL�j .r•x_ tzotaat;U*md•aju. coo. Page 13 of 11 CLF��, CITY OF CLERMONT ,,�� RESOLUTION NO.2021-04OR EXHIBIT A 63 CUPS Requirements), B applicable, than Closing Data shag be ex&wm%d for such period neceaaary te aaffsfy 64 CFPS Requirernerts, prowidad such period shalf not exceed 10 days. 56 6- FinaWng: (Check as appilaable) 56 • (a) pi Buyer WIN pay Cash for" Property with no financing owtingenay. 67. (b) El This connect is contingent on Buyer qualifying for and abbdnhg the aommitmeWs) or approval(s) apectFied se' below (FWMdit 'i vfn _..,_ days afterEifsdiva Data (0oft Date or 30 days after Effective Date, 9s • whichever occurs first. it fait Wank) ("Finn*# Pwkx . Buyer will apply for Financing Within _ daryr;f 6e after Effricrve Date (5 days ti left blank) and wxlt tkne y pruvwde finny and all credit. empbyrnenk frxandai, and 61 other infionnation required by the lender. KBuyer, after uahg Cb*w C+e and good faith; carrot obtain the 62 Firwicing within the financing Period, either parry may terminate this contract and Burets depowks) writ be e9 retuned. 64. (1) 1J New Financing: Buyer wilt 80CUrs a commitment for row third petty finerickV far $ 65. or % of line as purche price at (Chu* ens) Q a fixed rate not exceeding ° a sit • adjustabda Interest rain not exaxedhtg % at ongkrebon (a feted rate at fine praysiing interest rate 67 based on f9uyar's credthaorlhirmft 9 nailtw Choice is selected). Buyer will keep Se for and Broker fury 6a irAbrmed of the ban application staW and progress and autt prizes the Wndar or mortgage brokar to disclose tsose all such knfmre oibn to &Wier and Srokar. 70 • (2) 17 SWler thin uteing: Buyer will wrecute a ❑ final 13 emcarid purdwse money mote and mortgage to 71 • 34fler in Ov amend of S bearing annual Interest at_% and paryablo as follows: 72. 73 The rnartpage, trots, and any seelrlly agreerrl9nr erg be in 8 town accapta4;e 6e sod AWN "M 79 10M acceleration enerally accetpted in the c ou my where the Property is located; will provide for a late payrnartt fee p�yY ra Part a4 the rnorVegees option If Buyer defauNs; will gfira Buyer the right to prepay without 79 prklral at any tlme(s) with fnter+eei only to date of pavmment: wlf be due can 77 corrveyant or sate: vvgt provide for release of contiguous pan:eds, if appBoabla; and Witrequire Barer to 7e keep liability insurance on the Property, with Seiler as addFtianat named Insured. Buyer authortzeai Seiler 79 to obtain credit, empioymank and other n408sawy inkxmation to determho c7adttw rtdness for the s6 financ ilha, Sob*r will, within 10 days after Eleclive Date, give Buyer wrktan notice of whether or rot Mier 61 WIN make tine loan. ft2' (3) 0 cgs AsoumpWrn: Buyer volt take titre subject b and a�tsume and pay ex [sting �thA first "a" to 84' LNN in tine approximate amc>untof$ otxYertgy payable at ss • S per month, hdud"xrg prinospel. Interest, Q taxes and kmxenc:e, and having a as 0 fixed 0 other (describe) 87. infeneat rate of % wt Ch O wgt D wgI nit seem upon asstanption. Any variance in the rrxrtaage as WW be ad)uated in the balance due at dosing with no ad)usbnerrt to purchase price. f3ltyr4r wiN purof>ass go • Saf es asanw account dollar for dollar. If the interest rats upon transfer exoseds % or the 90 • aesranlptfonfirartl5far fee exceeds $ etth" party may' fo pay tine extceaa, faking 91 which this oontract wig term row, and Buyer's deposit(a)wfY be returned. ff the ienderdisapprovea BuyW. 82 this contra* wig terrNnate. and Buyer's dapoelks) VA be ralutaled. g3 • 7. Avafghabtifty: (Check one) Buyer 13 may assign and thereby be raWaSed from any further liability under this s4 • cornirack ❑ may assign but not be released from liability under this contract or Q may not assign this owtact sff' S. tiffs: Sailor has the kvat capacity to and wit! convey marketable title to the Property, by D statutory warranty g6 • deed a3 8158nlal warranty deed fl other (spa*) flee of Bens, easements, 97 and exmaxtrbrancea of record or known to Sallierr, but subject to property taxes for the ya. of cfoekxg; covenants, Be reatriedons, and public utility easements of rocord; existing zonhg sand govammardaf regxtafkxns; and (list any 99 ` oifhor r wd ra to wftiktin h e will be au*K4) tea provided there exosts at ding no violation of the foregoing. 101 (a) TWe evlderw•o: The petty who pays for the owl,ofs ffNa insurance po%ywli salad the closing spin and pay 102 for the Wet search, including lax and lien search Qncluding municipal lien search) If perfomhed, and all other 103 fees charged by dosing agent. 'Seller YM deliver to Buyer. at 1 N • (Chock one) X BMWs 0 Buyses expense and 106 • (Check one) 0 within days after Effective Data O at Mostdays before Cbadng- Date, 106 (Check oars) 107 • (1} Ill a the insurance comet !anent by a Florida licensed Oft Insurer setting tenth thoee matiera to be 100 d18rlt8rgad by Seller aft-oor before dosirl and, upon Buyer recording the deed, Ott amerg May in Ula �a��� .1 arhd �eaer ' r'� v�+�ptRt or a ropy c�rfiie paw, w�ktr Is a of a pages. crl0zaa�e, ir�.xha.s This software is licensed to fWcki Wacktmrn - MCKI 21ACMMM AiAM, ■far. transaatiandesk.can. Page 14 of I I CITY OF CLERMONT C d RESOLUTION NO.2021-04OR EXHISM A 1ae amount of the purchase peke for ire simple tie $Ubjeet only to ft axon staled abow. if Buyer is 111 paying for the o~5 Mk Iac nnnce Polley and Seller hss an owners pose} ; 8e111rr wit delnrer a copy to Buyer within 15 days aft+sr Ellbetive Date. 112 • (2) 0 an abstract of title, prepared or brought axnn rri by an eodsUng abstract fiat or oarfted an oared by an 113 existing liar. Howmrver, Fsuds an abstract is not available to Seder, then a prior owner's ttla policy 114 a I31510 the proposed insurer as a base for raisaance of coverage +tray be used, The prior pours vain 11e ' Of aft policy exceptiorra and an update in a format woepta * to dtterysr fierrt rm policy eftchvp date and cart Bled to Buyer or Biry z dolling agent togedIerwhth moles of all documents 117 rrtc W in the prior• policy and in ft* update. 0 WO an abstract or prior policy is not av2bble to Sailer, 118 them (1) above will be the We evidence. 118+ (b) 'Title Ern; After receipt of fhs title evidence, Buysrr wil, wilt io days (10 days if IWt bfearir) but 12D no later flan Closing Data, drawer written retiee to seder Of ittb defects, 'Title wit be deerned acceptable to 121 Breyer if (I) Buyer falls to dbe&w proton no#ce of defetf6 or (9) Buyer delivers ptaper written notice and Sailer 123 • curse the defects tvlthrin days (30 days I W Nok) (*Cm Partofr) altar receipt of"r aim. if the tza dt:facts are cured mdhn the Curve Period, closing will octxrr wHhln 10 days after rscedpt by Buyer of rwtim of 124 such Curry. Jailer may elect riot to cure chiefs if Sailor reasortabty be5eves any dbf6d cannot be cured wow* 125 the Cure Period. If the defects are not creed within f17B Guru Period, Buyer will have 10 days alter recedpt of 12e notice of SeRWe Inabiky to axle the deliscts to alert whether to serrninala this Contractor 127 purchase price 8cxe¢t titre subjet t to asdrrtirfQ defects and dose the trarisectietn wtihout reduction lit 126 (e) Survey: Buygr-may, at buYG's e�tense, have the Property surveyed and must dolhwr wrttaan notice to 129 3~. within 5 days after reoaivtnp surrey but not later than 5 days baton Closing Date, of 1mk erttxoadimerft an fire Property. srx:aachmerrtrl by the Property's imprvxements on o#Wr lands, or deed 131 restriction ar Zoning violations. Any such encroachwoeKa or vioailon sit be treated in the same manner as a 1 32 2 title de%ct and Seller's and Buyves obligations wit be determined in accordance with Paragraph g(b). (d) Ingress and SgnmW Seller warrants Mat the pMpariy presently ha$ ingress and eg►ess. 134 B. Property Condtdon: SelterwlM deliver fta Property to Buyer at cio N in its. present "ao W corxff in135 with 135 conditiorss resulting front Bugs Inspections and casuafly damage, If any. excepead. Salter wit not engage in or permit any al 60Y that VVMW matedW alter the Property's condition wttttcut itte Buyses prior written consent, 137' (a) ins laCtkirrS7 (t<tfsClr (1) Ot (3j) 13e • (1} SI F+aslYriPltlr 8ttrdY: Bmfyer W. at Buysr'x eagasnaa and within io days (30 days tf aettbtank) 130 (`Feasbotti' St * POW-) after FffKjft Date and In BViVes sole and ehsokrbe ft retlon, deterrtllrre 140 whether the Property is amiable for Buyer's untended use. Daring the Feasibility &mdy Period. Buyer may 141 conduct a Phame 1 envWonmentah aaseaament and any other taste, analyses, surveys, and invegggabons 142 Vi nepections") that Buyer deems necessary to desermirm to guyses iaadsbe lon tits Pro=rVs 143 engineerFrtg, architectural, and snAronmental prnpent es; Zoning and zoning r8drictions; subdivision 144 statutes, moil and grade; availability of access to public roads, water, and other LdIlWes, conslslency, with 14$ local, state, and regional growth management plans; al Nbilrty of permits. gov►3nrmwg epprovtlls, and 140 WmWes; and ODW Mep0cEiorte that Buyer deeins appropr WL if the Property must be rezoned, i3tryer wit 1411 obtain the MZl NnO from the appropriate governownt ageneiee. Saar wall signal doc urrienls Buyer is 14e requited Ic flee in connection with dsrreionerlt pror razorning apprr mis. SaaFer glvas Buyer, its agrertts , �. and assigns, Ow r%M to enter the Prraperly at any fhae during she FeasitiW Study Period for Im tits purpose Of 0WAL t" irspec kma, Provided, hovrever, that Buyer, Its agents, camp aotcrs, and assigns 151 enter #m Propurty frrxrt ®rid conduct Irspeoeone at their own rlekk. Buyer wtl trKiernnill and fK*d Seiler 152 losses, damages, loosiar claims. and expenses of any nature, Indudktp attorneys' %ek 153 eycimnses, and ilsbiity dncurred In application for rezoning or rehated proceedings, and ttor n aiaWlify to any 154 parson, arising from the cariduct of any and all Inspections or any work authorized by Buyer. Buyer vutt 155 not engage in arty activity tivirty Boat Could rr+esA in .a cmenralon Den being tiled agwnst the Property willxxri Ssiq 0 prior wr'um 00n2errt If Ihls kwO89ton does rat c kwos. Buyer will, at rauyer s expanse, (1) repair 197 el damages to the Properly reaulibg Thom tfte lmepec6ons and return the Property to the condition it was In 10 before Ong the inspections and (1) reimse to S WI#r ON reports and other work garmsted as a 15rt result of the kt 4xmftns. 1eo Before Upirstion of the Feas bAly Study PerW, Buyer mustdelKw whiten natloo to 6enw of 8uysr's 161 determination of whether or not the Property Mn soceplable. Buysr'a feline to comply with We notice 182 requinotnant wit tadnudhAa acceptance of em Property as sukatlle for Buy es irrfsrtdsd trek in 'a9 is' lies corldillart. ff dtC Pro�ptxty is utaooeOBWO to t wsw and wr#t*n notice of this fact to N r@*LdaNvered'to 1e4 Selllsr, tttils oxrtrad will be deemed termirwed, t3rtd Buyses deposk4s) wit be "Awned. s14 9e#or L� l�lpa uee4llA ore Dopy or ow papt oft is 3 of B PqW. i¢C2a r9urYlr rtrWloteiR Th's eottnr:zs is U06ssed to tills ki Blackburn - JaCKi W !rp Zyr3 vu- - tmaneactioedatsk. calm, Page 15 of 11 i55 1aa 167 168 tea 170 171 172 173 174 175 174 177 178 179 16o 1e1 lax 103 184 195- lee 187 tee IRS 190 i91 992 103 194, 195 19e Is? -- log i99 2m 2b1 202 20 204 206 207 2Qa 20e 2143 211 212 213 214 215 21a' 217 Zia 219 220 221 CITY OF CLERMONT RESOLUTION NO.2021-04OR EXHIM A (2) p Fxo FrteoeMay 8ttrdyr: SuyW is $a"dW that the ProPerty is suitable for aa being satiFW that efdner public sews ty purposes, irch,rfn p sewerage and water are available to the Properrty or the pmpedy wfi be approved far the installation of a wag wWor prMft sewerage disposal system and that e*dng zoning and 04herpardnailt regulet1kns and restrictions, such as subdivision ordeed rash growth management, and anvhnnmental oondf klrie, are aooeptebie to contiowd on Buyer c wxkw in a Amthar Buyer; TN3 (: Xft* is not Gcvarnmant 8 any inveedgatiorha. Regulations: Changes in gavarro Wg regulations and leveIs of sarvi'e which affect Bur es intended use of the Property AAA not be wwnds for tarminafUtg this conPrar t d the FeasUlly Study period has epked Or if Ptaragraph g(aX2) is Beieclad. Flood Zane., Suitor fe ar)viead to versify by swmy, with the lends , and with appropriate government egarid9a vrllloh flood zone the Property. Is tn, whether Rood lnaurarroe Is required, and whet rmbtglo ally to Irnpm4ft the Prop" and re6tdidfrrp in floe event of casualty. Coeatsl Conobvction Contras Line ("CCCL` . If any part of tine Proparty ilea $Seward of the CCCL as defined In Section 161.053, Flocfds sftk tes. Seller will provide Buyer with an adidevit or survey as required by law dainea ng the floc's location on the Properly. a 1am Buyer wwves this regrdrsmetit In vwiHng. The Pr ope►ty tieing purchased may be ar+b)eri to ooastgl erosion and to federal, State, or local regulations Mist govern rxlastal properly, including deifrteation of the GCCL, rigid coastal prootaction structures, beech roarriahmwL and the PMWCtton Of nnarDV turtles. Additional infarrinatI re can be faired from the Florida Dgmrtrnent of EnvttWWbgnW Protection, including whether there arts sigrINICOnt erosion condPbons associated with the shore Ilne of the Properly berrg purchased. © St"r waNes the right to receive a CCCL affidavit or survey. id. 040eing Prmedure; Costa: Cb ft we U ke place in the cctuudy wftare the Property is located OW may be Odndr>�ed by mat! or eio rOriiC mews. If Me Irtatrance Insures Buyer for title daf M arising bemwan the tiffs binder ostfective deft and recording of l t"es dead, costing agent wfl disuse at closing the net sale proceeds to Seftf (in IOCSi llwh era check tf Sailer requests In writing at feast 5 days before dosing) and brokerage fees to Broker as Per Paragraph 21. In addition to other expenses provided in this contralto Seller and Buyer will pay the anstsindicated below. (a) Seller Casts: Taxes on dead Recording frees for documents neededto Cure lids Tide evidence (ff MPPkabie under Paragraph 8) Estoppel Fse(s) Other Cam= "ea as ttu Arad (b) sad $tatmatf er Taws and ntrrordklg fees on notas and mortgages Recvrdfng fees on ffta deed M-d NrtenQVjg staterig b Loan wparkm Tiffs enrWOVM (if applicable under Paragraph 8) Lender's tills policy at the simtlttaneotts issue rats Irtspecoom Survey Insurance Other. (e) Prarallons The following ftms wit be trade current and prorated as of the day bef m Ck)Mrp Date: real estate tax" O ndUding Special berettttax AGM irnpoeed by a CDO), intftt bonds, esee99ri wit. lessee, and oihar Pra fiierty exAwaft and nav emu m. N Saxes and sssessmeras f- &10 orient year cannot be determined, the pmwkx s year's raw will be used with adjuWrrlent for any exempuona. (d) Spoow A—esm"A by Pu"D may: Tong apeGal mmaSsniftnt$ Imposed by a "to body, Seller win 06y 0) the U antollnt of fens that are omMed, canfinried, and ngNiad bekuo cloft and pl) the amours of the last 00mate Of tttb assessment if an imptovement is substenfisiy completed so of Effa Pm pats but has root resulted in a Den before dosing; and Sher will prey alt' odierafto ts, if special asrteassrnsnts may be paid In Insuft-its, Q Seller a 8uryw (Buyer If Left blank) wilt pay 094111menta due after dosing. ff Sadler is dm*ad, Scuts. will Pay tits Omesertterlt in full before or at the time of closing. Pubic body does no( include a Ha m&*r*W or Condominium A9sodetlovl. (s) PROPERTY TAX MCLOSURE SUMMARY: BUYER SHOULD NOT RELY ON THE. SELLERS CURRENT PROPERTY TAXES AS THE AMOUNT OF PROpERTy TAXES THAT BuYElt MAY aE OBLIGATED TO PAY IN THE YEAR SUBSEQUENT TO PURCKWE. A CHANGE OF OWNERSHIP OR PROPERTY (b) (c) (d) SUM�' ZrBi— errd stager °IO C° MaW aF a oopy at ttde pmq% vAuds s 4 01 a pages. r�o filoerrJ: fluee'�e TMA eoltmL" :1-6 liooa$ed to Mckt slac r1�,11 = _ taMa ]Mbty7 vrrr. Lransaetl4AdNi, cm. Page 16 of 11 GIC C:LEftNT CITY OF CLERMONT -5 RESOLUTION NO.2021-04OR EXHIBIT A 222 IMPROVEMENTS TRIGGERS REASSE&WENTS OF THE PROPERTY THAT COULD RESULT IN HIGHER 2M PROPERTY -TAXES, IF YOU HAVE ANY QUESTIONS COMCERNWG VAL(jATION, CONTACT THE 224 COL WTY PROPERTY APPRAISEWS OFFICE FOR FURTHER INFORMATION. 225 (f) ForslBn Irrwesbiovat in Reef Prop" Tax Act ("FMPTA ): If 860sr Is a'kwftn person" as detlned by 229 FIRPTA, Sellerand Buyer wit comply with FlRpTA, whlCh may require SalMr kn pnoviiie additional i�sln 8t 227 Tlg. �(g) 1031 Exclaa p., if either Seller or Buyer wish to er;trio a Ike -kind mmhanpe (either simultaneously with ctoaft or after) under Section 1 o31 of Cie Irrlema( RemKm Cade ("EXchgnge,), th* oher party unit cooperate 230 in ail (sasombie MgXC a to S uate the Exchange rrr Wing executing documents, Provided, however, that 29t the cooperating party will k1cxx no ifobtity or cost related to the Ex aarnge and that ft closing will not be 232 o upon, extended, or delayed by the Excluff". 233 11. Computation of Time: Calendar days wit be used when computing true ps►Iads, ezcapt time pe&ds of 6 days 234 or less. Tura perbde of 6 days or tees wtl be wmputad Wltltuut including ng Saturday, Sor rwtionel Anal holidays in 5 U.S.C. 6103(a). Other than tin o for ac;Ceph�r�dsY. lanoa end Etfiadttve Irate yart folds in Paragraph 290 3, any lime periods provided for or dates speciried in this CoWaa. whether preprinted, hatKMfitteR ty -ANi !ten or 231 inearted harsh, which shot and orcoa r on a Saturday, Sunday, or natkw* Iegaf holiday (sae 5 LIAC. 91M) t3s strata extend until 5:00 P,rrL (wirers the PrnWW Is loafed) of ffhn noted bushe s day. Tthtw Is of the essence In M9 this Contract zoo 12. Risk of La"; Eink et t Dottrel: If any pardon of the Property is materially damaged by oeauetty before closing or Seller r►apoveles wtth a governmental attlhorfty fo transfer ae or pert of the prop 242 y in lieu of erninent domain Prvoesdings or an arninant donhaln pnxxm ling is IntBated, !tatter wit promptly Inform Buyer. EWw party may 243 terminate this contract by wdMsn rholbe to the otfher vAWn 10 days after B[tyaWs receipt of t3sti 9 notlthation, 2" and Buyers deposWa) will be neturnad, failing wtkb Buyer vdN cbee in accordance with lift contrect and receive W at payments made by the 8avernmentai authority or Inaxance company, Many- 246 12, Faroe Ltq)eure: Sailor or Buyer will not be requked to perfomh any obligation under this Contrad or be liable to 247 each other for damages so long as the Iarforrta ve or noncee o1 the oblation iC delayed. caused, or M Pad bymt act of God or force majeur e. An 'act of God pr'"M rne}eure" Is defehed as hurdcanea, 249 earthquakes, Boods, tire, unusual transpodsoon dsfays, wars, hwRecUons, and any other cause not reasonably 250 within the control of dollar or Buyer and wh to h by Ma exercise of due diligence the rKwt j rtgirrhltlg party is unable 261 in whole or in pert 10 pravhent or WrrGORw. At time Parlads, IncU�ng Closing. Dole, hdtl be extended for the period 2s2 list the act of (hod or farce rrrlt)em Is In place. However, In the event that such act of God or forme ma*" event 2M continues beyond 30 days, 81dw party may lsmhan le this contract by de(ening wrtiten n0*8 to the other and 254 8ayere deposits) wit be rebroa f. 2M 14_ Not m—, At notkxa WEE be In writing and de(iv ered to ffte portion and Broker by map. personal daiivery, or 256 electronic mnen& Buyer's fatluro to timely dellvsrwritlsn notice to Seller, when such Mice is requW by 257. this contract, raprdkhg any contingency will render that continjfen y null ,and vold, and tlhfs contract ►Mill 29a ice construed as It the condrwancy dirt not wftt. Any notice, doeurnen% or hate dailva led to or rVealved by 2W an attompy or Ilceneos (Including a traws wil" broker rapresenttas a Pwly wN be as et'fecttvs as if 2W. deRvered to or received by that party- 26t* 1& Complete Agreement; ,Ptaraons Soundt This contract Is the entire agree"wif between Sufferand BLW. aez* Except for brokerage agroomai t, no prbr or peseent agreements wm bind $eger, Buyer, or Broker uniasa %3: fnoorporstsd Into this contract. Modifications of this contract will not be binding unless In wd trg, aljned or sear initialed, and delivered by the party to ba bound. Electronic signatures will be acceptable and binding. This 265 contract, signatures, tnittaia, documents referenced in this cmftct, COUR INNI s, and writlan modf ikons Zee• communicated electro nicatty or on paper WM be acoaptable for all purposes, including deihreny, and wit be binding. 167. Hrnndwrinen or typewrttton t rma Wootrd In or aftavad to arts comma pnm N over preprinted terms. rf any tea pro6vislon of this contract is oar beoonw kwaild or unenforceable. all remaining provisions will oontinue to be fully 260 etlscthre: Seller and Buyer will use difgence and good faith in perbrminng all obligaMm under this contract. This 270" contract wit not be recorded in any public record. The terms "13efkv," •Bityet,w sod Broker' may be singular or 271 plural. This cantnuat Is binding an the ht3 . adntirbtaft", executors~ personal repnesarriati %9, and assigns, if 2T2 pe►mflbed, of Seiler. Buyer, and Broker. 273 16. Detsuk and 1XIMPute R 40lutton. This Contract will be construed under Florida law. This Paragraph will aurvtve 2i4 kissing or lertrineUm of ft cantrquL 276 (a) 30wr Default; If Sslfer fair, neglects, or rafuaee to perform Bailers oblk"Oone under this contract. Buyer 27e may etseff ten receive a rahxn of Buysra depoWl s,) without thereby waiving any action for damages resu tng v is '1 and BeIWAT—(�h { �jacknonMedQ! MOOR Ufa copy of site Pete, wFkh is s at B paper. t5aapo rtirtar feutlor.m ThIS Wt RUM :is named to I:ftcki 9taek1asn - baC!n 1}7.hr1Wr ttZALTYj amen, txenvac tior dsak, eel. Pagel 7of11 Can^ CITY OF CLERMONT RESOLUTION NO.2021-04OR EXHIBIT A 277 hem Septet's brut and may Seek lo n3ooMer such damages or seek specilC Wlbm roe. 8~ wtA also be zrs gable for ttta U amount of the brokerage fee. 279 (b) Buyer Defsnlb If Buyer falls, negieota, or refuem to pwribrm eu9ees obllg &M under this Contract. 280 lnoluding PeYnne"' of deposlt(aj, within the H"*G) aped, Sailer may elect to recover and resin the 2e1 deposft(s), paid and agreed to be paid, for the account of Sailer as agreed upon kpkfafed darrag". 2e2 Ctsrns4draNan for execution of this tom, and in ful settlement of any claims, whereupon Sabo, and Buyer• 203 vAI be receved from all further obligations under this contract; or Sow, eR 60114es dpwn, may proceed in tea equity to wftw Seikr's riper nectar thin Coaled, 2e5 17. Atinrrt ey's Foos; Costs: In xW lftation permitted by this Cnrft t, the prevOng perly shall be entitled 14) M recover from the non-prevafi~ng Party costs end mega. Inci x" iambi attorneys fee$, Incurred b ouxtacting 2e7 the titegadon. This Paragraph 77 shall aurrtve Closing or lanninadon of this Contract. 208 19. EacrvwAget*, Closing Agent: Seihr and Buyer authorize Emm Agent and closing agent (doOKIMly 2rt4 Agent') to reostcve, deposit., and hold finds and otter dams in escrow and, ajMsd its Coil ecgon, diatar " them sac upon prow aumorDation and in accorclar" with Florida 6-wand the toners of this ocntrac t Inking disbursing 2H brokerage fees, `Colle+ctiore or'Co#aclbsd' means any checks tendered Or received have become adually+ and 2R2 finW collected and depoalWal In the eaCoosxnt of Agent -The parties agree Met Agent will not be liable to ary person 293 for miadeWaryr of escrowed prams to Sober or Buyer, unless the misdelkery is due to A®ertt's wit" breach of this, gas contract or gross neftenw, If Agent irtearpleeds lire subject matter of the escrow, Agent wit Pay the MV few 2W and Casts fans,, the deposit and writ recover reasonable attorneys' fees and costa to be Paid from the3 escrowed 2W ands or equivalent nerd charged and awarded as court oxs% in favor of the ,prevailing party. let 19. Professlonaf Advice; Broker � fabfitfyt Broker adviaa Satter and Buyer to verify all facts and representations 2N OW are important to them and to consult an appropriahu pmfeeaionai for legal advice (far example,. k4erpretinq this Zee contract, determining the effect of laws on flu Property and fhfs transaction, status of We, foraigrt lnvesttxr 3W reporting rasNlremerds, Ute effect of Property hying partially or tnwy seaward of the CCCL, etc.) and for tax, 3M property orrtddkion, envi onmentai, and other speCiaA W advice. euyar scW0 fedgee that Brgiw does not reside 3u2 in the Property, and that all representations (Graf, written, or cdwwise) by Broker are based an Soler 3M representations or public recorft Buyer agrees to rely aotety on $sailor, parof easlonat Impactors, and 364 goverrvmrit agencks fo►veditcarom of ltw Property r.ond1flo n and fames tier materially a'Rs,:'t Property 303 value. SoNer and Buyar nsspectfve:y will pay aft casts and . holudlrng reasonable attornsys` fees at ae 30e levvets incurred by Broker and Broker's officers, discolors, agents. and employees in coretsction with or arising 307 frarn $eger's or Buyee'tt misdakrnant or fallure to perform contactual ob9pe0orm Seller a3rrrd Buyer hold 3Qie harmless and release Broker and Broker's oftem, directors, agents, and empbyaes from all fabtitty for bass or 30$ damage based on (t) Sege or Buyer's rnlestaferrent or failures to perform contraelued obNgpati w. (1-1) the use or 31e diapley of Jesting data by O*d parries, irrcWhg, but not &T tad io, 001071018, Images, graphics, vldoo $11 rec ordpngs, virtual tours, draewvgii vnitten dearxaptkm and remarks related to the rs tY: (B) l3roke 312 pertom10m, at Solt 9 or Buyer',, request of any lark beyond file Scope of services regulated by Choptsr 475, 313 Flodafe Statutes, as amended, inoWng Broke's rai6artal, nnornmendation, or ratenbon of rsrry vendor, (n') 314 products or services provided by any vendor, and (v) eq)enoea incuined by any vendor. SOAorand (Buyer each sus assume t4all respon;Wbility far $eleotlng and dompeneating their respecUva vendors. This Paragraph. *0 not relieve 310 Broker of stabbory obligations. For prrpoces of this Paragraph, Broker will be treated as a party to #his contract 317 This Paragraph Wel eurylve dosing. 31e 20. Commerdal seat Estate Sales Coemmisalon 1.11ert Act: Ifths Property is commercial real estate as deE4red by 310 Section 476.701. Flbdda Statutes, the following disclosure wilt apply: The F1Crido CarmrttercfW Real Estate Sales sere Commission Liaise Ad Ptevides Mat when a broker has earned a Cornmraslon by pwhmT leg lcerased so.vicee 321 under a brokerage agreement with yaw, tare broker may maim a lists against your not sales prooeatls for erne sn bfaw os cntnrrrieslon. The bmWa Nett rightE under the act cannot be --kted bef m Nto ownmwealon era earned. 323 21. Brokors: The Iktetwea(s) and brokerage(*) named below are o eclhmy referred to ss Troker.' Instruction to 324 dosing *!gent: Sefler mild Buyer dhect Closing Agent to disburse at CkmkV the full arnowt of ifle brokerage 325 fees as apscMed in aeperaw brokerage agreements with rite panes and caopw8gvs agreennerb between the 30 Brokers, except to the eAwd Beaker has remained such fees from the se wymed funds. This Paragraph witi not be 327 used to modify any IVILS or other offer of compensation made by SeMor or listing broker to cooperabM brokers. 325+ Mo sir► ab. rs. eattsxsaa saiu,t 331 SMWA Saks Assoclate&i1corm No. Boy Ws Sates AssociaWAIcense No. AG-73 ZW end S�Mr rgo*d of S copy at" peps. V&c*l is s of a pre. eeaaa ft.w,r.e Thin rotterercv U liaepatrd tb [I taki Slac*r,u= — NICRI WAC "ALTyl rnrr. tranetacfitaedeek. csoea,. Page 18of11 (9, CIENT CITY OF CLERMONT RESOLUTION NO.2021-04OR EXHISM A 3 t � " �e�+�731laxsax 3 , pp1� 3U selises Buyrses Sales Asaaaxege Ema AAddrvw 335 33a Paz-7�2-sso asp-zas-ssa� 337 $"ves Sales Aeeooiala Phmv (Number i WWS Safes Aftociaye Phone tytxrit�er 3m 340 Lief" omk ra" Buyer's Brokerage 341 342 us n.e ww H #s 026"oat M 34721 343 Luling Bftrioersga J4ddrbas Buyer-s Brokerage Addrm 3" a45 22. !Addenda: The fbiowing addlaonal iaerms are Included In the .attmted addenda and incorporated Into this Contract me (Cltaalr If appQmble), 3"" CIA. Back-up Canftct 348 • Q B. Cltlrer ass — -- --- - 3W- 23. AddtBonaf Tetras: 357 352 C—Uq—t on Cit7 :pp--L an 354 335 355 357 356 3m set+ Set 3e2 3rr3 sa. WS 3aa G0UNlrFt oPFERIFiE.lE6iloN 367• 0 "leremsftm Buyer's offer (to soc w the counter, oftr, BLryw mLet all or kr M the oc> wftr-coered terms and sae deliver a aW of the acceptance to Seder). 3w 4 Saner rejects Buyer's offer 370 This Is Winded to be a t64p"y bind&V ca"VWL ff tact fulyr undweb,04 aesk the sdvlce of an aff rrmy hate 371 signing. err Buyer. Z02 Data;373• Prkrtnwk� 371' Buyer. Data: 375' Prlrrt Warne: _ _ - Vs Buyer's adclnm for purpose of native- M* Address: are` Phone: , Faye EmaFJ: 379' Sessr. ��--�Z "-- Data: JE:'Y%l2,j moa Prim[ name: ,. 3sFfsr: Date. m, Print name: v t � ,� and s.trer { i�9o1a►o,Matlge receipt or a c�ay or t� �, x�hfch K 7 pf 8 , Thlr soltarasa is 110413116d to lhKC)CL Wackbura - MiC[S it7d1CR#am 3t>fU=l 0"W.t-ww3&*ti0ndask_0". Page 19 of 11 CLE Eaa,.�, CITY OF CLERMONT RESOLUTION NO.2021-04OR 3w Se#er's address for purpose of notice; 3s4* Addra m. 3M* Fhone:. Fgr $W. 3V EXHIBIT A czmmwG t.rwe: _ . CM deb an which the lad pwtyr aligned or la tlalMed and denvwed the final offer or cownte-oiler-! Fkrido RE7 T0Ww &w w itoo bam as b dw apal,uilMy ar aderlY�jr O�ykwn o► Wt tam h mV a t Trip ulACfr eu knn snar9 7pOt 6e ReN t� ornipapctr&+eadlnns Q rHh nee�tu. Musa reeBe Ti tonn t� arOMA roc un tli ne"m r.d "bla it mY and lira to idenRy pa vasREAI_7pR'REALTdR's■ragbla�eA msnWeiWpma# IpiAMyeeuowa*bmYmwwroaraeeeti6ommerebmoflwMYKKN- A98UCIA710N OF RiJU.TYk S'axtwha aa6aclhs h5 it (•qds d Afiia. Tha Yin a(�)aMrd YMtat ('17 U.i, Cotly brbW rtu u we•+d rapbtluCtlorr of Arls ICnn b5' wY mere iUgydYde ix7aLn0o aru�fpy� lams. Buyer ] L_ _ 1 and Selk9r U L ;I# of a copy ofthb VAWS Rw MC7- Pa9o. MAIICII AY 8 Cd8 ppg9G cm FIdIWe Thip aost'wase is ILOWWed to pal.cki algoXbo" - "tczE zwxmm RMTTI +nor, tsaaaactioaxiaal, ccw. 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