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<br />Contract Concerning <br /> <br />, L/ I <br />(Address of Property <br />22. AGREEMENT OF PARTIES: This contract contains the entire agreement of the parties and <br />cannot be changed except by their written agreement. Addenda which are a part of this <br />contract are (check all applicable boxes): <br /> <br />o Third Party Rnandng Condition Addendum <br /> <br />o Seller Financing Addendum <br /> <br /> <br />Page 7 of 9 02-13-06 <br /> <br />o Addendum for "Back-Up" Contract <br />o <br /> <br />Environmental Assessment, Threatened <br />or Endangered Species and Wetlands <br />Addendum <br /> <br />o Addendum for Coastal Area Property <br /> <br />o Addendum for Property Subject to <br />Mandatory Membership in an Owners' <br />Association <br /> <br />o Buyer's Temporary Residential Lease <br /> <br />o Addendum for Sale of Other Property by <br />Buyer <br /> <br />o Addendum for Property Located <br />Seaward of the Gulf Intracoastal <br />Waterway <br /> <br />o Other (list): <br /> <br />23. TERMINATION OPTION: For nominal consideration, the receipt of which is hereby <br />acknowledged by Seller, and Buyer's agreement to pay Seller $ (Option Fee) <br />within 2 days after the effective date of this contract, Seller grants Buyer the unrestricted right <br />to terminate this contract by giving notice of termination to Seller within days after the <br />effective date of this contract. If no dollar amount is stated as the Option Fee or if Buyer fails to <br />pay the Option Fee within the time prescribed, this paragraph will not be a part of this contract <br />and Buyer shall not have the unrestricted right to terminate this contract. If Buyer gives notice <br />of termination within the time prescribed, the Option Fee will not be refunded; however, any <br />earnest money will be refunded to Buyer. The Option Fee Dwill Dwill not be credited to the <br />Sales Price at closing. Time is of the essence for this paragraph and strict compliance <br />with the time for performance is required. <br /> <br />24. CONSULT AN ATTORNEY: Real estate licensees cannot give legal advice. READ THIS <br />CONTRACT CAREFULLY. If you do not understand the effect of this contract, consult an attorney <br />BEFORE signing. <br /> <br />Buyer's <br />Attorney is: <br /> <br />Seller's <br />Attorney is: <br /> <br />Telephone: <br /> <br />) <br /> <br />Telephone: ( <br /> <br />Facsimile: ( <br /> <br />Facsimile: <br /> <br />( <br /> <br />E-mail: <br /> <br />E-mail: <br /> <br />Initialed for identification by BuyerC....tn1l <br /> <br /> <br />TREC NO. 24-6 <br /> <br />and Seller <br />