LEGAL APPROVAL
JlL. ,1('. aY
PARTlESt LARRY c6:.ARKf.& !<'-'HY
of 6580 Congress Ave!....l.e.
.nd LAWRENCE B. CRONE
of (Phone
hereby agree thlt the Seller shill sell Ind Buyer .hall buy the following property ("Property") upon the following tlrm.and conditions which INCLUDE
Stlllderds For Real Estate Trensaction. set forth on the reverse .ide hereof or attached hereto ("Stendard(s)"l.
,",UN I ~'Itt i)ALl: AI-.U r-un",nAi)C r, r , H ' " ~.
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CLAR&, is W1 fe, and ~ FODOR and P-ASCULINA.- ,("S-,1I1
Lantana, Florida "3 ?"it (Phone FODOR, h~j
, ("BuYI
I, DESCRIPTION: (a) Legal description of Property located in Palm Beach County, Florida:
Ea~L 1~0 feet of Dlock 6, l~ih<'f North of Otate Road 804, PAUl DlJACII FARMS
COMPANY PLAT NO.8, recorded in the Public Rcoordo,of P.J.lm Reae~ CeliR'ky,
(b) Street add res., if .ny, of the Property being conveyed is
(c) Personal property ("Personalty") included:
Vacant Lot
~1
?>':J 5. Of) 0.0 0 r<J
,$ "3'50, 009.~ '.~.
II. PURCHASE PRICE: . , . . , , , , , , , , . , , , . , , , , . , . . , , . , , . , , , , , , , , , , , , . , , , , , . . . . , . , ,
PAVMENT: Escrow Ac;ct.
(a) Depo.it(.) to be held in elQ'ow by J . C. MITCHELL & Sons, In theemount of
(b) Subject to AND lUumption of Mortgege in good standing in flvor of
hiving In IPproximate present princiPII bllilnce of , $
{" :~:: =,:~~ :~d ,.~ ..~;'~ "~'~::' . . . . .. "~ ~~~' f~"'. "~;'. ..:.~: '.' ..... . $ e. ~~
(dl Other $ .1.(!) "A) :'J.') K:S
(e) Balance to close (U,S, cash. LOCALLY DRAWN certified or cashe , subject to adjustments and prorations, . $ .~,lS,' 000 . 00,-(7. J
III, TIME FOR ACCEPTANCE; EFFECTIVE DATE: If this offer?i~ n<t,: d by all parties, and the FACT OF EXECUTION communicated in writi
telegraphically between the parties on or before November m.: 1 87 ,the aforesaid deposit(s) shall be, at option of Buyer, returned to I
and the offer withdrawn and deemed null and void, The date of Contract ("Effective Date") shall be the date when tl1e last one of Seller and Buyer has signed this of
,$
35,000.00
IV. FINANCING: (a) If the purchaae pri,ce or any part thereof is to be financed by a third party loan, this Contract for Salft and Purchase ("Contrac
conditioned upon the Buyer obtaining a firm commitment for Slid lOin within_days from Effective Olte, at an interest rate not to exceed
term of years; Ind in the principal amount of $ , Buyer will mike application within days from Effective Datil, anc
reasonable diligence to obtain said loan, Should Buyer fail to obtain same or to waive Buyer's rights hereunder within said time, either party may cancel Contr.
(b) The existing mortgage described in Plragraph II(b) above has (CHECK (1) or (2)): (1) Oa variable interest rate OR (2) Oa fixed interest ra.te of
per annum, At time of title transfer some fixed interest rite. are subject to increase, If increased, the rate ~hall not exceed % per annum, Seller
within dayS from Effective Dllte, furnish a statement from all mortgagees stating principal balances, method of payment, interest rate and status of mortl
If Buy.r ha. agreed to assume a mortgage which requires approval of Buyer by the mortgagee for assumption, then Seller shall promptly obtain and deliver to I
III required applications Ind Buyer shall diligllntly complete and return same to the mortgagee, Any mortgagee charge not to exceed $ sha
paid 1/2 by Seller and t/2 by Buyer, If the Buyer is not accepted by mortgagee or the requirements for assumption Ire not in accordance with the terms of Co.
or mortgagee make. a charge in excess of the stated amount, Seller or Buyer may rescind Contract by prompt written notice to the other party unless either
elecu to PlY any increa~ i\!~~st ratl!l9f e~ss mortll.~ c'1a~~.Ihe amount of any escrow deposits held by mortgagee shall be credited to Seller at Closing
V. TITLE EVIDENCE: .~~X}B{dt~~~i~4tKlK~~fe?s~.m! at Sellar's se, deliver to Buyer or Buyer's attorney. in accord.nee
Standard A, (CHECK (1) or (2)): (1) 0 abstract of title OR (2)X! title insurance commit YJf, e oW~~~le policy pre~~{ be plid by Se~at cl
VI. CLOSING DATE: This transaction shall be closed and the deed and other closingyapers ' d oothe ' day of 19, I
extended by other provisions of Contract. I'.~ J[..f-,F; ~c4~ -
VII. RESTRICTIONS; EASEMENTS; LIMITATIONS: The Buyer shall take title subject to: zoning. restrictions, p/o'hibitiQns and other requirements impol
governmental authority; restrictions and matters appearing on the plat or otherwise common to the subdivision; public utility easements of record (easemer
to be loclted contiguous to Property lines and Ire not more than 10 feet in width as to the rear or front lines and 7Y.. feet in width as to the side lines, unless,
wise specified herein); taxes for year of closing and subsequent years; assumed mortgages and purchase money mortgages, if any; other:
None ; provided, however, that
exists at closing no violation of the foregoing and same does not prevent use of Property for II Beddin Barn II retai 1 store purp(
VIII.OCCUPANCV: Seller represents that thera are no parties in occupancy other than Se er, ut I roperty IS Inten e to e rente or occuple eyond cl
the fact and terms thereof shall be stated herein, and the tenant(.) shall be disclosed pursuant to Standard F. Seller agrees to deliver occupancy of Property a
of closing unless otherwise stated herein. If occupancy is to be delivered prior to closing, Buyer assumes all risk of loss to Property and Personalty from d
occupancy, shall be responsible and liable for maintenance thereof from said date. and shall be deemed to have accepted Property and Personalty in their e)
condition as of time of taking occupancy unless otherwise stated herein or in separate writing,
IX. ASSIGNABILITV: (CHECK (1) or (2)): Buyer (1 )XJ{may assign OR (2) 0 mlY not assign Contract,
X, TYPEWRITTEN OR HANDWRITTEN PROVISIONS: Typewritten or handwritten provisions inserted herein or attached hereto as addenda shall cont
printed provisions of Contract in conflict therewith,
XI. INSULATION RIDER: If Contract is utilized for the sale of a new residence, the Insulation Rider shall be attached hereto and made part hereof,
XII, SPECIAL CLAUSES: (See Addendum attached hereto and m~e_afa!:! ~r!.o!...by"r~e!.ll"-cel
SEE ADDENDUM ATTACHED THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT.
HERETO IF NOT FULLY UNDERSTOOD. SEEK THE ADVICE OF AN ATTORNEV 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,
and conditions should be negotiated besed upon the respective interests, objectifies and bergaining positions of all interested persons.
Copyright 1985 by The Florida Bar and the Florida Association of REALTORS, Inc,
-----------
WITNESSES: (Two recommended but NOT required)
12_(b.C~
(Buyer) LAWRENCE B. CRONE
11-16-87
.
tl-,k-)'
:f'&hTi
INA FODOR .
IE.crow
BROKER'S FEE: ICHECK & COMPLETE THE ONE APPLICABLE) J. I C LL & SONS'
o lIF A LISTING AGREEMENT IS CURRENTLV IN EFFECT): 1,
Seller agrees to pay the Broker named below, including cooPeratina~s named, according to the term. of an existing, sellarate listing agreement;
o OR \ \
fY 0 !IF NO LISTING AGREEMENT IS CURRENTLY IN EFFECT): f$ ,
p ,;:" Sellee agrees to pay the Broker named below, at tJlre qLclosinll, Clisbursements of the proceeds of sale, compensation'" the amount of (COMf
, i ONL Y ONE~ % of gross purchase price OR $ 3~ r 500 . Q 0 for Broker's services in effecting the sale by finding a Buyer ready, willing and a
~urchase pursuant to the foregoing Contract. trrthe ~ Bullar ..aua-to perfoFffi anddeposlt(s) is' rltained, 60% thereof. Qut not exceacl~.1h& Broker!, fee
I'f pl'O\'i8e&, ,~s.~.w-the-&ok", ....full-~id8fation for-9roker's serviceNneltJding--i:osts expended-l..y 8.Ctktr.,-.nu:~~1.1I111te j!~:1I t.a &ell...
, . tran.action shill not be closed because of refusal or failure of Seller to perform, the Seller shall pay said fee in full to Broker on demand, In any I?'ti tion
.9ut ofhthis Contract, (fQncerningjhe,Broker's fee, the,.prevailing p~rt" shall bfl enJitllld to recover reasonable attorney and cos S.-: (~ 0...:' t<
in t e event ouyer tal18 to perrorm ana aepo81t 1,,8) 18 rer:alnea, '.- ~' r. \,' 'II
Q:. C. MITCHELL & SONS f"ll . e r- I "'-- ex .K..
(firm name of Broker) ("t.~J:!.f ~~erlting sub-aglnt) l4 ..... J _ /) ,..- c:;.
By: - ~~~ ~~
(authorized .ignatory) ~Sellerl
WITNESSES: (Two recommended but NOT required)
FAA/BAR 002-85b
EXHIBIT A
The East 75 feet of, and the West 75 feet of the East 150 feet of,
that portion of Tract 6, Palm Beach Farms Company, Plat #8 lying north
of the north right-of-way line of State Road S-804, according to
the plat thereof on file in the office of the clerk of the circuit
court in and for Palm Beach County, Florida, recorded in Plat Book
5, Page 73, less the right of way for L.W.D.D. Canal L-24.
Containing 0.54 acre, more or less,
Initial: L.B. t'Initial;f f' Initial;~ Initial: ,(<- Initial; ~') F:
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:
ADDENDUM TO CONTRACT FOR SALE AND PURCHASE
XII. SPECIAL CLAUSES:
Buyer's
obligations under this Contract for Sale and
Purchase are contingent upon Buyer obtaining, at Buyer's expense,
the following:
1. All permits. authorizations and approvals including,
but not limited to, approvals of zoning, site plan, curb cuts,
sewers and utilities and all building permits, which may be
required under applicable law, in order to permit Buyer to
construct and operate on premises as a "Bedding Barn" retail
store and warehouse.
2. A soil test, satisfactory to Buyer, indicating that no
substantial expense is required to prepare the property for the
intended use as described in Paragraph VII hereof.
3. In the event Buyer cancels this Contract pursuant to a
contingency provided for herein, Buyer shall reimburse Sellers
for the cost incurred by Sellers in providing Buyer with a title
insurance commitment prior to closing,
4. If
Buyer is unable to obtain a~ permits,
pi -.F:'~ ~'K<':' f(b' v,r, J.."i. I (/ 6~ ~'
and approvals by June~, 1988,' Buyer shall be
authorizations
permitted up to seven monthly extensions. In consideration for
said extensions, Buyer shall release to Sellers $5,000.00 for
each monthly extension requested,
In the event Buyer is unable
to obtain all permits, authorizations and approvals within said
extensions, Seller shall keep all released deposits. If the sale
closes after the release of any deposits, Buyer shall receive
credit therefore at closing.
5. · This contract is.c~ntingent upon buyer's review and apPfov~l
of any lease or rental agreement regarding that certain billboard sign 'fn the
east side of the subject property.
Initial: L. (3. <:. Initial: ~r
Initial: -k Initial: K" (oJ . Initial: r f-:~
.
Dated:
Dated:
It) ~/87
..
I J -I ~ -~ 7
,
BUYER:
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LAWRENCE B. CRONE
SELLERS:
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KATHY LARK-42-.
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P~TER FODOR
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WARRANTY DEED
'NOIVIO, TO INO,VIO
RAMeo FORM 01
lhis Warranty lltrd Mml(. II\(. /;-- clay of January A 0, IQ 83 by
MARY LESSLER, an unremarried wickM with one equal tenanc;r in comron intere:; t,
and PEIER A. FOOOR and PASCUALlNA FUOOR, his wife, ~.,ith the other equal interes t,
IIl.'r('irw!/pr ('allpd I/l(~ wanlor, 10 with riffi t of s urvivomhip ~
ill two (2) equal tenanC'j in CCJ[1"('OCJn interes t: one interes t to MARY LESSER, an
anarried widcM and KATI-ILEEN ClARKE, with rlgJ:1t of survivomhip, and the other one
(1) ,int:ere:;t.,to 1?F.T'RR,A, FUOOR and PASCUALINA. FUOOR, his wife, with ri~t of survivor-
1..J \Osl' 1'051011'('(' aa;rr'("ss-,,~ h'
"m.i,6:joo. ~~9AlmI(l\le, Lantan, Fla 33462 s J.p.
(Whtr~\.tr u'\td hf'rrin Ih,. If"'"" "\(ranlur" 3"1' "Iuant('~" indud.. aU the J1arti~.. to thi!'. InMrumt'flt and
tht hrir,. Ic~al rrpn'o;,tnla1i\('!li and a'sill:n~ or indi\'icluah. and tht !liu("("r~'(ln and af;~il.{n!'i or cor-poraliolu)
Witnesseth: TllOl I/,C' wnrllor, for (11\(1 in cOPlsid('rnlioPl of I/IC' SlIm of $ in .00 ami ol/,C'r
,'uluu/'IC' considC'rnlions, rC'c('ipl ",/1I'r('of is 'I ('rl'/,), (lCkPlo((.[(.(i(/I'rl, 'I('rr>/,y f/rtInls, hargains, sr> lis , aliplls. rp-
mises, rplr>asr>s, conveys alld confirms Ulllo "ll' wanlC'r>, nil Ilwl cerlain land sill/ale in Palm Beach
Counly, Florida. l,iz:
The We; t s eventy five (75) feet of 6 e Eas t one hundred fifty (1:0) feet of that
portion of TRACl' 6, PAIM BEACH FARMS ca1PANY, PIAT 00. 8, 1y ing North of North
rigJ1t of WCij of State Road 8-004, according to the Plat thereof on file in the
Office of the Clerk of the Circuit (x)URT, In and For Palm Beam County, Florida.
in Plat Book 3786, Page 1694.
SUBJECT TO restrictiom, reservations and easem:mts of record, zoning and/or
other res trictiom and prchibitiorB i.rnpa3ed l::!f govemrralta1 authority and to
taxes for the year 1982 and thereafter.
The Eas t seventy-five (75) feet of that portion of TRACf 6, PAlM BFACH FAm1S
CXl-1PANY PLAT 00, 8, lying North of North ri~t of WCij of State Road S-8)4
according to the Plat thereof on file in the office of the Clerk of the Circuit
Court in and for Palm Beach County, Florida recorded in Plat Book 5, Page 73.
GRANTOR warrants that above des cribed property is vacant land and, th erefore,
is not his h aIm tated properq ,
logtthtr wil'. all Ihe lenements. 'leredilamenls and appurlenances tlIPrelo bplonging or in any-
wise apperlaining,
J 0 J(afJt and to )told, Ihe same in fee simplp {orelJer,
Rnd tile grantor hereby covenants will. said granfpp I/lal tile granlor is lawfully sr>izr>d of soid land
in fee simple: Ihal the granlor 'Ias good rigId and lawful auI/,orily 10 sl'll and convl'Y said land; II1al "\C'
granlor lu!reby fully warranls tlu.' litll' 10 said lalld ami will (l(.fplld tIle samp against lIle lawful claims of
all persons whomsoever; and fhat said land is free of all encumbrances. excepl laxes accruing su/)S{'qupllt
to December j t. t 9 82
oil.;: STATE OF FLORI[]-A'I
~~~ ('-.l D9.c;!HYttNJABX-~~"';:,;;~ S l.A M P T !\l-. 'I
~~:: [;.~;:~~:~:::~~~r~=~:4 ~.l
In 'tlJitntSS lItthtftof, Ihe said grantor 'las signed and sealed Ihese presenls the day and year
first above written.
Signe~led and delivered In our presence:
v'f(;!li(qJL~(..r;. d . ..........m.
/~z4....,.,.,......."... ,......~~.........
STATE OF Florida l
COUNTY OF Palm Beach \
~~
~ ' ,~.......................... CD
"PE "A, .. .. ..........,
~~~:':~'.<',<<:l,{:("~~_"."",,,,&:'C{.4"~!.-- CD
PASCUAL.I L'lH. "$'''CE SHOW fOil IlECOIlDUS USE
I HEREBY CERTIFY that on thi! day, be-forf' mt', an oUirt'r duly
RUlhorize-d in Ihf' Slalt! lIfort'~aid lInd in Iht' Counly nrnr('~aicl to takr
IIcknowlt'd~m('nU, pf'nonally apprared
MARY lESSLER, PETER A. FUOOR and PASCUALINA FUOOR
to me- known to bf' the pe-nonS dt'srribed, in, ~nd who executl'd the
fort'RoinK in,trument and th~. ack.n~~~ctRe~ ~efore me- thaI THY'!
c:tecutcd the same, . ; ',."".... '" ' ,
WITNESS my h'~~~'llild ..9rr.icia1 ~~'\\i .l," the County and
State \a51 afore-i.Aid tJiif..:..: _' I /(f? ~~l ," _ day or
~~ . ;,,,,f,4.J't./")'.A. POI 19.~ j'
. " . ,.,
mmw.. '1~it~~::;'~~ir.WQ
'n,if Il/.Il/'1I111t'l1/ jl1'tl'iJrt'J by: ~\'( (()Mrld~~IUN tXI'III.tS w: 16 l'illS
/ 8(.);O,U"(t...UU.tHll:Al INS, UNUlI\V.lilltP.S
;\ddrr:u /;J";~r\/ t{~'SIJ~ 'L
v/t'tJt/.$./RtfI",,,,,,/ flay' i3"'ylJ ~>" B~~,...h r '
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ReCOft1) 'nAIF1ED
PALM OEI\CH COUNTY, F~
JOHN 0, DUNKLE
CLERK CIRCUIT COURT