Contract for Sale and Purchase

Seller: Jamke, A California General Partnership Office# 863-687-4101whose address is 917 E Walnut St Lakeland FL 33801

Purchaser:

Seller hereby agrees that the Seller shall sell and the Purchaser shall buy the following described property together with existing improvements thereon

UPON THE TERMS AND CONDITIONS HEREINAFTER SET' FORTH.

Property Address: 1000 Center St Ocoee FL 34761

Folio: 17-22-28-6150-01-540

OCOEE HILLS X/106 LOT 54 BLK A

2. PURCHASE PRICE IS: (In U.S. funds)...... (Net) $ 65,000.00 METHOD OF PAYMENT: The purchase price to be paid by Purchaser as follows5

(a) Non-refundable Deposit held by- Jenny Wright Liberty Title and Escrow $ 2,000.00 (b) Additional escrow deposit due within _____ banking days after Effective Date time being of the essence...... Escrowed funds may be placed in an interest bearing account with interest to accrue to the escrow agent unless precluded by law.

(c) First mortgage to be held by N/A

(d) Balance of funds due: TOTAL PURCHASE PRICE ...... Net $ 63000.00

3. ACCEPTANCE DATE: This offer shall be null and void unless accepted in writing as evidenced by a signed copy being received by Seller and Purchaser on or before 27th day of Mayl2015, by 7:00 PM.

4. FACSIMILE: A legible facsimile copy of this Contract and any signatures hereon shall be considered for all purposes as originals.

5. CLOSING DATE: Closing to take place on or before 29th day of May, 2015, Time is of the essence unless extended by Seller in writing.

GENERAL TERMS AND CONDITIONS

6. CONVEYANCE: Seller shall convey title to the Property to Purchaser by Special Warranty Deed subject to: Reservations restrictions and easements of record and real estate taxes for the year of the closing. The Seller shall deliver possession of the Property to the Purchaser at closing. The delivery of possession shall be subject to the rights of any tenants or parties in possession. If the Purchaser alters the Property or causes the Property to be altered in any way and/or occupies the Property or allows any other person to occupy the Property prior to closing without the prior written consent of the Seller, such event shall constitute a breach by the Purchaser under the Agreement and the Seller may terminate the Agreement and the Purchaser shall be liable to the Seller for damages caused by any such alteration or occupation of the Property prior to closing and waives any and all claims for damages or compensations for alterations made by the Purchaser to the Property including, but not limited to, any claims for unjust enrichment.

7. ASSIGNMENT: This Contract is not assignable by Purchaser without the specific written consent of the Seller. The Seller may assign this contract at its sole discretion without prior notice to, or consent of, the Purchaser. If this is a FHA Contract before any deposit is refunded to a purchaser the purchaser needs to have the FHA case number released.

8. TITLE: If for any reason Purchaser cannot close on this transaction then Purchaser agrees not to assert any claim to their deposit. In the event there is a title problem relating to the subject property seller will have 120 days to cure said problem otherwise Purchaser will receive their deposit back. If the Purchaser raises an objection to the Seller's title to the Property, which, if valid, would make title to the Property uninsurable, the Seller shall have the right unilaterally to terminate the Agreement by giving written notice of the termination to the Purchaser. However, if the Seller is able to correct the problem through reasonable efforts, as the Seller determines, at its sole and absolute discretion, then the Agreement shall remain in full force and the Purchaser shall perform pursuant to the terms set in the Agreement. The Seller is not obligated to remove any exception or to bring any action or proceeding or bear any expense in order to convey title to the Property or to make the title marketable and/or insurable but any attempt by the Seller to remove such title exceptions shall not impose an obligation upon the Seller to remove those exceptions. "Notwithstanding the general good faith obligation implied in all contracts, Seller shall not be obligated to cure any item which in Seller's opinion can not be cured within 120 days or which Seller deems, in Seller's sole discretion, to be economically unfeasible to cure. Seller shall notify Purchaser of Seller's decision whether or not to cure the title defect within 5 business days of discovering the title defect. The right to terminate the contract is a right inuring only to the Seller. If Seller elects to attempt to cure the title defect, Purchaser is not able to terminate this Contract for 120 days."

9. CONDITION OF PROPERTY: The purchaser understands that the seller acquired the property by foreclosure, deed-in-lieu of foreclosure, forfeiture, tax sale, right of eminent domain or similar process and consequently, the seller has little or no direct knowledge concerning the condition of the property. As a material part of the consideration to be received by the seller under this contract as negotiated and agreed to by the purchaser and the seller, the purchaser acknowledges and agrees to accept the property in "as is" condition at the time of closing, including, without limitation, any hidden defects or environmental conditions affecting the property, whether known or unknown whether such defects or conditions were discoverable through inspection 2 or not. The purchaser acknowledges that the seller, its agents and representatives have not made and the seller specifically negates and disclaims any representations, warranties, promises, covenants, contracts or guarantees, implied or express, oral or written in respect to:

The physical condition or any other aspect of the property including the structural integrity or the quality or character of materials used in construction of any improvements, availability and quantity or quality of water, stability of the soil, susceptibility to landslide or flooding, sufficiency of drainage, water leaks, water damage, mold or any other matter affecting the stability, integrity, or condition of the property or improvements;

The conformity of the property or the improvements to any zoning, land use or building code requirements or compliance with any laws, rules, ordinances or regulations of any federal, state or local governmental authority, or the granting of any required permits or approvals, if any, of any governmental bodies which had jurisdiction over the construction of the original structure, any improvements and/or any remodeling of the structure; and

The habitability, merchantability, marketability, profitability or fitness for a particular purpose of the property or improvements including redhibitory vices and defects, apparent, non apparent or latent, which now exist or which may hereafter exist and which if known to the purchaser, would cause the purchaser to refuse to purchase the property.

Inspections: On or before ______calendar days (3 days if left blank) from the Acknowledgement Date, the Purchaser shall inspect the Property or obtain for its own use, benefit and reliance, inspections and/or reports on the condition of the Property, or be deemed to have waived such inspection and any objections to the condition of the Property and to have accepted the Property. The Purchaser shall keep the Property free and clear of liens and indemnify and hold the Seller harmless from all liability claims, demands, damages, and costs related to the Purchaser's inspection and the Purchaser shall repair all damages arising from or caused by the inspections. The Purchaser shall not directly or indirectly cause any inspections to be made by any government building or zoning inspectors or government employees without the prior written consent of the Seller. If Purchaser elects to cancel contact, cancellation must be in writing and delivered to seller at end of inspection period whereby purchaser will be refunded their deposit money.

MOLD: Mold, mildew, spores and/or other microscopic organisms and/or allergens (collectively referred to in this Contract as "Mold ") are environmental conditions that are common in residential properties and may affect the Property. Mold, in some forms, has been reported to be toxic and to cause serious physical injuries, including but not limited to, allergic and/or respiratory reactions or other problems, particularly in persons with immune system problems, young children and/or elderly persons. Mold has also been reported to cause extensive damage to personal and real property. Mold may have been removed or covered in the course of any cleaning or repairing of the Property. The Purchaser acknowledges that, if Seller, or any of Seller's employees, contractors, or agents cleaned or repaired the Property or remediated Mold contamination, that Seller does not in any way warrant the cleaning, repairs or remediation. Purchaser accepts full responsibility for all hazards that may result from the presence of Mold in or around the Property. The Purchaser is satisfied with the condition of the Property notwithstanding the past or present existence of Mold or around the Property and Purchaser has not, in any way, relied upon any representations of Seller, Seller's employees, officers, directors, contractors, or agents concerning the past or present existence of Mold in or around the property. Mold Contaminants may exist in the property of which the seller, its principals and broker or agent is unaware. These contaminants 3

) generally grow in places where there is or may have been excessive moisture, such as where leakage may have occurred in roofs, pipes, walls, plants pots or where there has been flooding; these conditions may be identified with a typical home inspection. Broker and seller are not experts in the field of mold contaminants. In the event suspect mold contamination is discovered, it is recommended Purchaser satisfy themselves as to the property condition by having a Mold inspection performed. Purchaser agrees to hold seller harmless in the event any Mold contaminants are discovered on the property. Purchaser understands mold is a naturally occurring microbe and that mold should pose no health threat unless concentrated at high levels in the living environment. The only way to determine if a Mold like substance is truly Mold is present at high levels is through sample collecting and analytical testing.

Chinese Drywall: If a residence or other improvement has been built or renovated on the Property during the approximate time frame of 2004 to present, the Purchaser is hereby notified that such Property may contain defective drywall primarily manufactured in China. The presence of this Chinese or defective drywall seems to coincide with and may cause corrosion and damage to structural systems in such a residence or improvement and corrode and destroy system components. The damage has been extensive enough to require them to be replaced at substantial expense. Further, this Chinese or defective drywall apparently emits a strong sulfur-like odor or fume which may cause the residents of the home to experience health problems. The presence of this odor and/or the aforementioned damages may indicate the presence of Chinese or defective drywall, and the homeowner should investigate. The only known way to eliminate the fumes and the health problems and to stop the damage to the above-mentioned structural systems and system components is to remove and replace all of the defective drywall in the residence, which can be very costly. Finally, the presence of Chinese or defective drywall, the fumes, and the damaged systems, if not remedied, can impact the value or saleability of the property.

Drywall Inspection: In the event Purchaser elects to conduct a risk assessment or inspection for any Chinese or defective drywall, which shall be done at Purchaser’s sole cost, Purchaser must comply with the Inspection Period reflected in the Sales Contract, unless an addendum provides for an alternative inspection and notice to Seller. Purchaser and Seller both agree that if Chinese or defective drywall is found, Purchaser may, in Purchaser’s sole discretion, either cancel the Contract and be entitled to the return of the escrow funds, or notify Seller that Purchaser elects to have the Chinese or defective drywall removed and the affected areas repaired and replaced with warranted items (along with any other damage caused by such Chinese or defective drywall to include, by way of example and not limitiation, corroded wiring), provided said costs are within the Repair Limits of the Contract. Purchaser’s failure to exercise this right of inspection shall constitute a waiver if the Property is later determined to have Chinese or defective drywall.

RADON GAS: 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.

LEAD: Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligent quotient problems, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of 4 is unaware of any lead based paints or products existing at the subject property being sold to Purchaser. Purchaser agrees to hold seller harmless in the event there is any lead based paint or lead based products discovered and present at the subject property. Purchaser is advised to perform a risk assessment or inspection for possible lead based paint hazards prior to purchase.

VIOLATIONS OF GOVERNMENTAL RULES OR REGULATIONS: Purchaser agrees to hold seller harmless for any environmental hazards or liability relating to the subject property including but not limited to Oil and petroleum contamination and asbestos. Purchaser is advised to seek an environmental inspection company to perform a complete risk assessment to determine the presence of any environmental contaminants and liability.

In the event the Property is affected by an environmental hazard, as determined by the Seller, either party may terminate this Contract. In the event the Seller decides to sell the Property to the Purchaser and the Purchaser agrees to purchase the Property, the Purchaser agrees to execute a general release at closing, in a form acceptable to Seller, releasing the Seller from any liability related to the environmental hazard or conditions of the Property. In the event the Purchaser elects not to execute the disclosure and release, at the Sellers discretion, this Contract is automatically terminated.

In the event the Seller has received official notice that the Property is in violation of building codes or similar laws or regulations, the Seller may terminate this Contract or delay the date of closing or the Purchaser may terminate this Contract. In the event this Contract is terminated by either Purchaser or Seller pursuant to this Section of this Contract, any earnest money deposit will be returned to the Purchaser. If there is an enforcement proceeding arising from allegations of such violations before an enforcement board, special master, court or similar enforcement body, and neither the Purchaser nor the Seller terminate this Contract, the Purchaser agrees (a) to accept the Property subject to the violations, (b) to be responsible for compliance with the applicable code and with orders issued in any code enforcement proceeding and (c) to resolve the deficiencies as soon as possible after the closing. The Purchaser agrees to execute any and all documents necessary or required for closing by any agency with jurisdiction over the Property. The Purchaser further agrees to indemnify the Seller from any and all claims or liability arising from the Purchaser's breach of this paragraph of the contract.

Seller or purchaser shall have 5 business days to notify each other after learning of a violation. Seller will have the option to delay the closing upon learning of any violation for a period of 45 days.

The Seller is exempt from filing a disclosure statement as the Property was acquired through foreclosure, deed in lieu of foreclosure, forfeiture, tax sale, eminent domain or similar process.

10. REPAIRS: Neither the Purchaser, nor its representatives, shall enter upon the Property to make any repairs and/or treatments prior to closing without the prior written consent of the Seller. To the extent that the Purchaser or its representatives makes repairs and/or treatments to the Property prior to closing, the Purchaser hereby agrees to release and indemnify the Seller from and against any and all claims related in any way to the repairs and/or treatments and further agrees to execute a release and indemnification in a form acceptable to the Seller prior to the commencement of any such repairs or treatments. The Purchaser acknowledges that all repairs and treatments are done for the benefit of the Seller and not for the benefit of the Purchaser and that the Purchaser has inspected or has been given the opportunity to inspect repairs and treatments. Any repairs or 5 treatments made or caused to be made by the Seller shall be completed prior to the closing. Under no circumstances shall the Seller be required to make any repairs or treatments after the Closing Date. The Purchaser acknowledges that closing on this transaction shall be deemed the Purchaser's reaffirmation that the Purchaser is satisfied with the condition of the Property and with all repairs and treatments to the Property and waives all claims related to such condition and to the quality of the repairs or treatments to the Property. Any repairs or treatments shall be performed for functional purposes only and exact restoration of appearance or cosmetic items following any repairs or treatments shall not be required. The Seller shall not be obligated to obtain or provide to the Purchaser any receipts for repairs, or treatments, written statements indicating dates or types of repairs and/ or treatments or copies of such receipts or statements nor any other documentation regarding any repairs and treatments to the Property. The seller does not warrant or guarantee any work, repairs or treatments to the property.

11. OCCUPANCY STATUS OF PROPERTY: The Purchaser acknowledges that neither the Seller, nor its representatives, agents or assigns, has made any warranties or representations, implied or expressed, relating to the existence of any tenants or occupants at the Property unless otherwise noted in Section 35 of this Contract. The Purchaser acknowledges that closing on this transaction shall be deemed the Purchaser's reaffirmation that neither the Seller, nor its representatives, agents or assigns, has made any warranties or representations, implied or expressed, relating to the existence of any tenants or occupants at the Property unless otherwise noted in Section 36 of this Contract. The Seller, its representatives, agents or assigns, shall not be responsible for evicting or relocating any tenants, occupants or personal property at the Property prior to or subsequent to closing unless otherwise noted in Section 35 of this Contract.

12. CERTIFICATE OF OCCUPANCY: If the Property is located in a jurisdiction that requires a certificate of occupancy, smoke detector certification, septic certification or any similar certification or permit ("Certificate of Occupancy") or any form of improvement or repair to the Property to obtain such Certificate of Occupancy necessary for the Property to be occupied, the Purchaser understands that the Seller requires the Certificate of Occupancy to be obtained by the Purchaser at the Purchaser's sole cost and expense. The Purchaser shall make application for all Certificates of Occupancy within ten (10) days of the effective contract date. The Purchaser shall not have the right to delay the closing due to the Purchaser's failure or inability to obtain any required Certificate of Occupancy. Failure of the Purchaser to obtain and furnish the Certificate of Occupancy shall be a material breach of the Contract. Neither the Purchaser, nor its representatives, shall enter upon the Property to make any repairs and/or treatments prior to closing without the prior written consent of the Seller. To the extent that the Purchaser or its representatives makes repairs and/or treatments to the Properly prior to closing, the Purchaser hereby agrees to release and indemnify the Seller from and against any and all claims related in any way to the repairs and/or treatments and further agrees to execute a release and indemnification in a form acceptable to the Seller prior to the commencement of any such repairs or treatments.

13. The Purchaser further acknowledges that, to the best of the Purchaser's knowledge, the Seller is not holding any security deposits from former or current tenants and has no information as to such security deposits as may have been paid by the former or current tenants to anyone and agrees that no sums representing such tenant security deposits shall be transferred to the Purchaser as part of this transaction. The Purchaser further agrees to assume all responsibility and liability for the refund of such security deposits to the tenants pursuant to the

6 provisions of applicable laws and regulations. All rents, due and payable and collected from tenants for the month in which closing occurs will be prorated up through the day of closing.

The Purchaser agrees that upon the closing all eviction proceedings and other duties and responsibilities of property owner and landlord, will be the Purchaser's sole responsibility.

14. Personal Property: Items of personal property, including but not limited to window coverings, appliances, manufactured homes, mobile homes, vehicles, spas, antennas, satellite dishes and garage door openers, now or hereafter located on the Property are not included in this sale or the purchase price unless the personal property is specifically described and referenced in the other Terms in section 35 of this contract. Any personal property at or on the Property may be subject to claims by third parties and, therefore, may be removed from the Property prior to or after the Closing Date. The Seller makes no representation or warranty as to the condition of any personal property, title thereto, or whether any personal property is encumbered by any liens. The Purchaser assumes responsibility for any personal property remaining on the Property at the time of closing.

15. PLACE OF CLOSING: In the event that Purchaser wants title insurance then Purchaser and Seller agree that “Jenny Wright of Liberty Title and Escrow” will be the closing agent and issue title insurance at promulgated Rate. Seller has no interest in any title company

16. DOCUMENTS FOR CLOSING: Seller shall prepare and provide the Deed, Seller's affidavit regarding liens, bill of sale and FIRPTA affidavit.

EXPENSES: All closing costs and expenses incurred in connection with the purchase or financing of the Property shall be paid by Purchaser, including but not limited to any state documentary stamps which are required to be affixed to the Deed, title searches and the premiums for title insurance policy, if required by Purchaser, the cost recording the documents, photocopying, and courier charges. The Purchaser shall pay all other costs and fees incurred in the transfer of the Property, including cost of any survey, title policy, escrow or closing fees, lender required fees and any and all outstanding homeowners/ Condominium association dues, fees and special assessments that are due and outstanding.

17. PROPERTY TAXES: Seller will be responsible for payment of all delinquent property taxes. Buyer will be responsible for all current year property taxes with no pro-rations from seller.

18. SPECIAL ASSESSMENT LIENS: Seller shall pay any certified, confirmed, and ratified special assessment liens noticed to Seller by Purchaser through the day prior to closing (and not as of the date of this Contract). Pending liens as of the date of closing shall be assumed by the Purchaser.

19. RISK OF LOSS: RISK OF LOSS. In the event of fire, destruction or other casualty loss to the Property after the Seller's acceptance of this Agreement and prior to closing and funding, the Seller may, at its sole discretion, repair or restore the Property, or the Seller may terminate this Agreement. If the Seller elects to repair or restore the Property, then the Seller may, at its sole discretion, limit the amount to be expended. If the Seller elects to repair or restore the Property, the Purchaser's sole and exclusive remedy shall be either to acquire the Property in its then condition at the Purchase Price with no reduction thereof by reason of such loss 7 or terminate this Agreement and receive a refund of any earnest money deposit. Seller shall have a reasonable time, not to exceed 60 days, within which to repair or restore the Property and the Closing Date shall be automatically extended to 2 business after Seller notifies Purchaser that Seller is ready to close. Seller's notification that it is ready to close does not mean and is not intended to mean that the Property has been restored to its original condition. In the event the Seller does not restore or repair the Property to a similar condition as existed prior to the casualty loss, then Purchaser shall have the option for 1 business day after being notified that Seller is ready to close to cancel the contract and receive a refund of Purchaser's deposit.

20. ESCROW: The party receiving the deposit agrees by the acceptance thereof to hold same in escrow unless agreed upon otherwise or deposit is a non refundable deposit in which case the seller is immediately entitled to said funds upon execution of this contract. Said escrow agent is to disburse it in accordance with the terms and conditions of this Contract. In the event of any suit between Purchaser and Seller wherein the escrow agent is made a party by virtue of acting as such escrow agent hereunder, or in the event of any suit wherein escrow agent interpleads the subject matter of this escrow, the escrow agent shall be entitled to recover all attorney’s fees and costs incurred, including costs and attorney’s fees for appellate proceeding, if any, said fees and costs are to be charged, and assessed as court costs against the losing party or parties, jointly and severally.

21. EMINENT DOMAIN: In the event that the Seller's interest in the Property, or any part thereof, shall have been taken by eminent domain or shall be in the process of being taken on or before the closing date, either party may terminate this Contract and the earnest money deposit shall be returned to the Purchaser and neither party shall have any further rights or liabilities hereunder except as provided in Section 24 of this Contract.

22. KEYS; The Purchaser understands that if the Seller is not in possession of keys, including but not limited to, mailbox keys, recreation area keys, gate cards, or automatic garage remote controls, then the cost of obtaining the same will be the responsibility of the Purchaser. The Purchaser also understands that if the Property includes an alarm system, the Seller cannot provide the access code and/or key and that the Purchaser is responsible for any costs associated with the alarm and/or changing the access code or obtaining keys. Seller is responsible for providing only the front door keys to purchaser at time of closing.

23. FORCE MAJEURE: Except as provided in Section 19 to the Contract, no party shall be responsible for delays or failure of performance resulting from acts of God, riots, acts of war, epidemics, power failures, earthquakes or other disasters, providing such delay or failure of performance could not have been prevented by reasonable precautions and cannot reasonably be circumvented by such party through use of alternate sources, workaround plans or other means.

24. CONTRACT NOT RECORDABLE AND PERSONS BOUND: This Contract and the benefits and obligations of the covenants herein shall inure to and bind the respective heirs, representatives successors and assigns (when assignment is permitted) of the parties hereto. Whenever used, the singular number shall include the plural, the plural the singular and the use of any gender shall include all genders. Neither this contract nor any notice shall be recorded in any public records.

25. DELIVERY OF POSSESSION OF PROPERTY: The Seller shall deliver possession of the Property to the Purchaser at closing and funding of sale. The delivery of possession shall be subject to the rights of any 8 tenants or parties in possession per Section 8 of this Contract. If the Purchaser alters the Property or causes the Property to be altered in any way and/or occupies the Property or allows any other person to occupy the Property prior to closing and funding without the prior written consent of the Seller, such event shall constitute a breach by the Purchaser under this Contract and the Seller may terminate this Contract and the Purchaser shall be liable to the Seller for damages caused by any such alteration or occupation of the Property prior to closing and funding and waives any and all claims for damages or compensations for improvements made by the Purchaser to the Property including, but not limited to, any claims for unjust enrichment

26. NO SURVIVAL OF COVENANTS AND SPECIAL COVENANTS: Purchaser acknowledges that no representations or warranties of Seller or its agents, whether verbal or in writing, and whether previously or subsequently given shall survive the delivery of the deed or be relied upon by Purchaser or be binding upon Seller unless expressly set forth or incorporated in this Contract. Purchaser shall indemnify and hold Seller, its officers, employees and shareholders, harmless from any claims or disputes, which may arise and which are based upon the breach of any alleged representation or warranty by Seller or its agents which is not expressly set forth or incorporated in this Contract, including reasonable attorney's fees and costs and both trial and appellate levels. Purchaser acknowledges that they are a sophisticated Purchaser /investor and have many years of experience buying and selling real property. Purchaser will be reselling the property and will not be occupying the subject property.

SURVIVAL: Delivery of the deed to the Property to the Purchaser by the Seller shall be deemed to be full performance and discharge of all of the Seller's obligations under this Contract. Notwithstanding anything to the contrary in this Contract, the provisions of Sections 9,10, 11, 12, 16, 19,21, 25, 26, 28,29,30,31, and 32 of this contract, as well as any other provision which contemplates performance or observance subsequent to any termination or expiration of this Contract, shall survive the closing, funding and the delivery of the deed and/or termination of this Contract by any party and continue in full force and effect.

27. TIME OF ESSENCE: Time is of the essence as to all matters herein unless extended by seller.

28. REPRESENTATIONS, WARRANTIES AND DISCLOSURES:

1) Any representations made by the Seller or Seller's representatives or agents are deemed to be accurate but should not be relied upon. The appropriate professionals should be consulted for any questions regarding value, zoning, encroachments, inspections and/or repairs (e.g. structural, mechanical, electrical, Chinese Drywall, Mold and plumbing, etc.) Seller makes no representations or warranties as to the habitability, zoning, environmental or the conformity of the subject property with Federal, State, City, and municipal laws, ordinances or regulations, including but not limited to the property being in compliance with the South Florida Building and fire Code or Code violations that may exist on the subject property.

2) Should at any time encumbrances or title defaults arise which may be curable but place Seller in a financially negative situation where the cost to cure exceeds the net proceeds to the Seller then the Seller without obligation shall be released from this contract and would be required to immediately refund all earnest money deposits to Purchaser.

The Purchaser represents and warrants to the Seller the following: 9 (a) The Purchaser is purchasing the Property solely in reliance on its own investigation and inspection of the Property and not on any information, representation or warranty provided or to be provided by the Seller, its servicers, representatives, brokers, employees, agents or assigns;

(b) Neither the Seller, nor its servicers, employees, representatives, brokers, agents or assigns, has made any representations or warranties, implied or expressed, relating to the condition of the Property or the contents thereof.

(c) The Purchaser has not relied on any representation or warranty from the Seller regarding the nature, quality or workmanship of any repairs made by the Seller; and

(d) The Purchaser will not occupy or cause or permit others to occupy the Property prior to closing and funding and, unless and until any necessary Certificate of Occupancy has been obtained from the appropriate governmental entity.

(e) The closing of this sale shall constitute acknowledgement by the Purchaser that Purchaser had the opportunity to retain an independent, qualified professional to inspect the Property and that the condition of the Property is acceptable to the Purchaser. The Purchaser agrees that the Seller shall have no liability for any claims or losses the Purchaser or the Purchaser's successors or assigns may incur as a result of construction or other defects which may now or hereafter exist with respect to the Property.

29. WAIVERS: As a material part of the consideration to be received by the seller under this contract as Negotiated and agreed to by the purchaser and the seller, the purchaser waives the following:

(A) All rights to file and maintain an action against the seller for specific performance;

(B) Right to record a lis pendens against the property or to record this contract or a memorandum thereof in the real property records;

(C) Right to invoke any other equitable remedy that may be available that if invoked, would prevent the seller from conveying the property to a third party purchaser; The parties acknowledge that the Seller's taking the Property "off the market" and Seller's incurring the carrying costs during the time period of this Contract constitutes good and valuable consideration.

(D) Any and all claims arising from the adjustments or prorations or errors in calculating the adjustments or prorations that are or may be discovered after closing;

(E) Any claims for failure of consideration and/or mistake of fact as such claims relate to the purchase of the property or entering into or execution of or closing under this contract;

10 (F) Any remedy of any kind, including but not limited to rescission of this contract, other than as expressly provided in section 31 of this contract, to which the purchaser might otherwise be entitled at law or equity whether based on mutual mistake of fact or law or otherwise;

(G) Trial by jury, except as prohibited by law, in any litigation arising from or connected with or related to this contract;

(H) Any claims or losses the purchaser may incur as a result of construction on, repair to, or treatment of the property, or other defects, which may now or hereafter exist with respect to the property;

(I) Any claims or losses related to environmental conditions affecting the property including, but not limited to, mold, lead paint, fuel oil, allergens, or other toxic substances of any kind;

(J) Any right to avoid this sale or reduce the price or hold the seller responsible for damages on account of the condition of the property, lack of suitability and fitness, or redhibitory vices and defects, apparent, nonapparent or latent, discoverable or nondiscoverable; and

(K) Any claim arising from encroachments, easements, shortages in area or any other matter which would be disclosed or revealed by a survey or inspection of the property or search of public records.

References to the "seller" in this section 29 of the contract shall include the seller and the seller's servicers, representatives, agents, brokers, employees, or assigns. In the event that the Purchaser breaches any of the warranties described or contemplated under this Section 29 of this contract and a court finds that such action is without merit, the Purchaser shall pay all reasonable attorneys fee and cost incurred by the Seller in defending such action, and the Purchaser shall pay Five Thousand Dollars ($5000) as liquidated damages for breach of this Section 29 of the contract, which amount shall be in addition to any liquidated damages held or covered by the Seller pursuant to Section 30 of this contract.

Conditions to the Seller's Performance: The Seller shall have the right, at the Seller's sole discretion, to extend the Expiration Date or to terminate this Agreement if:

(a) full payment of any mortgage insurance claim related to the loan previously secured by the Property is not confirmed prior to the closing or the mortgage insurance company exercises its right to acquire title to the Property;

(b) the Seller determines that it is unable to convey title to the Property insurable by a reputable title insurance company at regular rates;

(c) full payment of any property, fire or hazard insurance claim is not confirmed prior to the closing

11 (d) the Seller, at the Seller's sole discretion, determines that the sale of the Property to the Purchaser or any related transactions are in any way associated with illegal activity of any kind;

(e) Seller determines in its sole discretion that the sale of the Property will subject Seller to liability and/or have an impact on pending, threatened or potential litigation; or

(f) material misrepresentation by the Purchaser.

In the event the Seller elects to terminate this Agreement as a result of (a), (b), (c), (e), or (f), above, the Seller shall return the Purchaser's earnest money deposit.

30. DEFAULT: In the event of default of either party, the rights of the non-defaulting party (and the broker, if any) shall be as provided in this subparagraph, notwithstanding anything to the contrary contained in this Contract; (a) if the sale of Property is not consummated for any reason other than Seller's default under the Contract, Seller shall be entitled to retain the deposit as Seller's liquidated damages. The parties agree that it would be impractical and extremely difficult to ascertain the actual damages suffered by Seller as a result of Purchaser’s failure to complete the purchase of the Property pursuant to this contract and that under the circumstances existing as of the date of this Contract, the liquidated damages provided for represent a reasonable estimate of the damages which Seller will incur as a result of such failure to consummate the closing. The parties acknowledge that the payment of such liquidated damages is not intended as a forfeiture or penalty, but is intended to constitute liquidated damages to Seller. (b) If sale of the Property to Purchaser is not consummated for any reason other than Purchaser’s default under the Contract, then at Purchaser's election the deposit shall immediately be returned to the Purchaser upon demand. No broker’s commission shall be due unless the sale is consummated as evidenced by the occurrence of a closing. All proceedings, including any litigation arising in connection with this Contract shall be brought in Broward County, Florida and shall be conducted pursuant to Florida law."

SELLER DEFAULT: In the event of the Seller's default or material breach under the terms of this Contract or if the Setter terminates this Contract as provided under the provisions of this Contract, the Purchaser shall be entitled to the return of the earnest money deposit as Purchaser's sole and exclusive remedy to "whether at law or in equity". Any reference to a return of the Purchaser's earnest money deposit contained in the Contract shall mean a return of the earnest money deposit less any escrow cancellation fees applicable to the Purchaser under this Contract and less fees and costs payable for services and products provided at the Purchaser's request. The Purchaser waives any claims that the Property is unique and the Purchaser acknowledges that a return of its earnest money deposit can adequately and fairly compensate the Purchaser. Upon return of the earnest money deposit to the Purchaser, this Contract shall be terminated, and the Purchaser and the Seller shall have no further liability, obligation, and no further responsibility each to the other and the Purchaser and the Seller shall be released from any further obligation each to the other in connection with this Contract. Notwithstanding the foregoing automatic termination language of this paragraph, upon Seller's request, Purchaser agrees to sign a release prior to the return of any deposit monies. In the event that Seller does not request a release then upon acceptance of the deposit monies, this contract automatically terminates."

12 The Purchaser agrees that the Seller shall not be liable to the Purchaser for any special, consequential or punitive damages whatsoever, whether in contract, tort (including negligence and strict liability) or any other legal or equitable principle, including but not limited to any cost or expense incurred by the Purchaser in selling or surrendering a lease on a prior residence, obtaining other living accommodations, moving, storage or relocation expenses or any other such expense or cost arising from or related to this Contract or a breach of this Contract.

Any consent by any party to, or waiver of, a breach by the other, whether express or implied, shall not constitute consent to, waiver of, or excuse for any different or subsequent breach. In the event either party elects to exercise its remedies as described in this Section 19 of this Contract and this Contract is terminated, the parties shall have no further obligation under this Contract except as to any provision that survives the termination of this Contract pursuant to Section 26 of this Contract.

REMEDIES FOR DEFAULT: In the event of the Purchaser's default, material breach or material misrepresentation of any fact under the terms of this Contract, the Seller, at its option, may retain the earnest money deposit and any other funds then paid by the Purchaser as liquidated damages and or invoke any other remedy expressly set out in this Contract and the Seller is automatically released from the obligation to sell the Property to the Purchaser and neither the Seller nor its representatives, agents, attorneys, successors, or assigns shall be liable to the Purchaser for any damages of any kind as a result of the Seller's failure to sell and convey the Property. In the event a third party escrow agent, title company or attorney is holding on to deposit monies and purchaser defaults on the contract, this will result in the unequivocal forfeiture of Buyer's deposit(s) without the requirement of a written release of escrow deposit by purchaser. Seller upon giving written notice to party holding funds will be entitled to funds immediately and purchaser hereby waives liability or damages against third party escrow agent, title company or attorney holding funds.

NO CONTESTING LIQUIDATED DAMAGES: As material consideration to each parties' contract to the default provisions above each party hereby agrees to waive any and all rights whatsoever to contest the validity of the liquidated damage provisions for any reasons whatsoever including but not limited to that such provisions were unreasonable or constitute a forfeiture or penalty. The parties have set forth their initials below to further indicate their awareness understanding and acceptance of the liquidated damage provisions contained herein.

______Purchaser's initials Seller's initials

31. INDEMNIFICATION: The Purchaser agrees to indemnify and fully protect, defend, and hold the Seller, its officers, directors, employees, shareholders, servicers, representatives, agents, attorneys, tenants, brokers, successors or assigns harmless from and against any and all claims, costs, liens, loss, damages, attorney's fees and expenses of every kind and nature that may be sustained by or made against the Seller, its officers, directors, employees, shareholders, servicers, representatives, agents, attorneys, tenants, brokers, successors or assigns resulting from or arising out of inspections or repairs made by the Purchaser or its agents, employees, contractors, successors or assigns; the imposition of any fine or penalty imposed by any governmental entity resulting from the Purchaser's failure to timely obtain any Certificate of Occupancy or to comply with equivalent laws and regulations; claims for amounts due and owed by the Seller for taxes, 13 homeowner/condominium/club or any type of association dues or assessment or any other items prorated at closing under Section 10 of this Contract, including any penalty or interest and other charges, arising from the proration of such amounts for which the Purchaser received a credit at closing under Section 10 of this Contract and the Purchaser's; or the Purchaser's tenants, agents or representatives use and /or occupancy of the Property prior to closing and/or issuance of required certificates of occupancy.

32. SEVERABILITY: The invalidity, illegality or enforceability of any provision of this Contract shall not affect the validity or enforceability of any other provision of this Contract, all of which shall remain in full force and effect.

33. Entire Contract: This Contract, including the disclosure of information on lead based paint and/or lead based paint hazards or the Seller Disclosure and Release Addendum or other disclosure forms or notices required by law, constitutes the entire contract between the Purchaser and the Seller concerning the subject matter hereof and supersedes all previous communications, understandings, representations, warranties, covenants or contracts, either written or oral and there are no oral or other written contracts between the Purchaser and the Seller. NO ORAL PROMISES, REPRESENTATIONS (EXPRESSED OR IMPLIED), WARRANTIES OR CONTRACTS MADE BY THE SELLER AND/OR BROKERS OR ANY PERSON ACTING ON BEHALF OF THE SELLER SHALL BE DEEMED VALID OR BINDING UPON THE SELLER UNLESS EXPRESSLY INCLUDED IN THIS CONTRACT. All negotiations are merged into this Contract. The Seller is not obligated by any other written or verbal statements made by the Seller, the Seller's representatives, or any real estate licensee.

Modification: No provision, term or clause of this Contract shall be revised, modified, amended or waived except by an instrument in writing signed by the Purchaser and the Seller.

Rights of Others: This Contract does not create any rights, claims or benefits inuring to any person or entity, other than Seller's successors and/or assigns, that is not a party to this Contract, nor does it create or establish any third party beneficiary to this Contract.

Counterparts: This Contract may be executed in any number of counterparts and each such counterpart shall be deemed to be an original, but all of which, when taken together, shall constitute one contract. An electronic signature shall be given the same effect as a written signature.

Headings: The titles to the sections and headings of various paragraphs of this Contract are placed for convenience of reference only and in case of conflict, the text of this Contract, rather than such titles or headings shall control.

Typewritten provisions shall supersede printed provisions and handwritten provisions shall supersede typewritten or printed provisions. Such handwritten or typewritten provisions as are appropriate may be inserted on this form or attached hereto as an addendum. The date of this Contract shall be the day upon which it becomes fully executed by all parties. This contract may be contingent upon seller obtaining a certificate of title from the clerk of the court. Upon the Seller obtaining the Certificate of Title, whether or not this matter of public record is communicated to Purchaser, this Contract becomes binding upon Purchaser and 14 Seller. If Seller is unable to obtain the Certificate of Title within 60 days of execution of this Contract, then either party may terminate this Contract and Purchaser's deposit shall be refunded subject to Purchaser's obligations under paragraphs 10 and 31 which shall survive termination of the Contract pursuant to this paragraph. If either party wishes to terminate this Contract because Seller has been unable to obtain a Certificate of Title within the time period contained in this paragraph, then the party desiring to terminate the contract shall notify the other party in writing no later than 2 business days after being informed that the Certificate of Title has not timely issued. Notwithstanding the preceding sentence, Seller has the additional right to terminate this Contract if, after Seller has attempted in good faith to obtain the Certificate of Title, Seller is unable to without the expenditure of sums that Seller deems unacceptable. In the event that the Certificate of Title is not issued within 120 days then this Contract shall automatically terminate and upon execution of a release and provided Purchaser has complied with all other obligations under this Contract, Purchaser's deposit monies shall be returned."

ATTORNEY REVIEW: The Purchaser acknowledges that Purchaser has had the opportunity to consult with its legal counsel regarding this Contract and that accordingly the terms of this Contract are not to be construed against any party because that party drafted this Contract or construed in favor of any Party because that Party failed to understand the legal effect of the provisions of this Contract.

Notices: Required to be given under this Contract shall be deemed to have been delivered when actually received in the case of hand or overnight delivery, or five (5) days after mailing by first class mail, postage paid, or by fax with confirmation of transmission to the numbers below. All notices to the Seller will be deemed sent or delivered to the Seller when sent or delivered to Seller's listing broker or agent or Seller's attorney, at the address or fax number shown below. To be effective notice to seller has to be sent to seller, broker of seller and attorney of seller if any. All notices to the Purchaser shall be deemed sent or delivered when sent or delivered to the Purchaser or the Purchaser's attorney or agent at the address or fax number shown below.

34. AS IS SALE: THE PROPERTY IS BEING OFFERED FOR SALE AND PURCHASED IN AN "AS IS" "WHERE IS" CONDITION FREE OF ANY WARRANTIES OR REPRESENTATIONS EXPRESSED OR IMPLIED FROM SELLER (OR BROKER IF ANY) WHATSOEVER EXCEPT THOSE CONTAINED IN THIS CONTRACT, IF ANY. PURCHASER ACKNOWLEDGES THAT PRIOR T O ENTERING INTO THIS CONTRACT HE/SHE HAVE HAD AMPLE OPPORTUNITY TO INSPECT THE PROPERTY AND THAT HE/SHE HAVE RELIED EXCLUSIVELY ON HIS/HER OWN JUDGMENT AND EXPERIENCE IN DECIDING WHETHER TO ENTER INTO THIS CONTRACT.

35. Other Terms and Conditions

All extensions or delays will be an additional $1000 on the sale price and will be required to be wired in to our escrow prior to closing. ______

15 ______

The undersigned, if executing this Contract on behalf of a Seller and/or the Purchaser that is a corporation, partnership. trust or other entity, represents and warrants that he/she is authorized by that entity to enter into this Contract and bind the entity to perform all duties and obligations stated in this Contract.

A signature by electronic facsimile will have the same effect as an original signature.

Jamke, A California General Partnership

BY______Seller

Purchaser: By______Buyer-

ESCROW WIREING INSTRUCTIONS FOR EMD

WIRING INSTRUCTIONS BANK: REGIONS BANK 2101 E Semoran Blvd., Apopka, Florida 32703 ABA#: 062005690 ACCT#: 0144802358 CREDIT TO: LIBERTY TITLE & ESCROW, LLC