APPLICATION TO PURCHASE / LEASE

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Sorrento Villas, Section 5, Condominium Association, Inc. C/O Argus Property Management, Inc 2477 Stickney Point Rd, Suite 118A Sarasota, FL 34231 Ph: 941-927-6464 Fax: 941-927-6767 APPLICATION TO PURCHASE / LEASE TO: The Board of Directors I hereby apply for approval to Purchase / Lease Unit # at, in Sorrento Villas, Section 5, Condominium Association, Inc. A complete copy of the signed Purchase/Lease Agreement is attached. In order to facilitate consideration of this application, I represent that the following information is factual and correct, and agree that any falsification or misrepresentation in this application will justify its disapproval. I consent to your further inquiry concerning this application, particularly of the reference given below. Fee of $100.00 for US applicant Fee of $150.00 for Canadian applicant for background report Fee of $250.00 for other International applicant for background report PLEASE TYPE OR PRINT LEGIBLY THE FOLLOWING INFORMATION: 1. Full Name of Purchaser/Lesssor 2. Full Name of Spouse 3. Current Address City: State: Zip Phone: Fax: E-mail 4. Legal Residence if Different: City: State: Zip Code: 5. Nature of Business/Profession: If retired, former Profession: 6. Company Name: Business address: City: State: Zip Code: Business Ph: Fax: E-mail: 7. The Documents of the Association provide an obligation of unit owners/lessees that all units are to be used as single-family residence only. Please state name, relationship, and age of all other persons who will be occupying the unit on a regular basis:

9. Name of Current or Most Recent Landlord: Address: City: State: Zip: Phone: Ownership: How Long Rented: How Long 10. Person to be notified in Case of an Emergency: Address: Phone: 11. Make/Model of Car(s) to be kept on the property: Make: Model: Year: License #: St Make: Model: Year: License #: St 12. Mailing address for notices connected with this application: Name: Phone: Address: City: State: Zip: 13. I have read, and agree to abide by, the Declaration of Covenants, Conditions and Restrictions for the Association, the By-Laws and all properly promulgated Rules & Regulations. Seller/Lessor Seller/Lessor Purchaser/Lessee Purchaser/Lessee FOR AN APPROVAL TO BE ISSUED, THE COMPLETED APPLICATION, APPLICATION FEE, AND A COPY OF THE SIGNED SALES/LEASE CONTRACT MUST BE RETURNED TO: Argus Property Management 2477 Stickney Point Road, Suite 118A Sarasota, Fl. 34231 PLEASE ALLOW UP TO TEN (10) BUSINESS DAYS FOR APPROVAL ACTION TAKEN BY BOARD OF DIRECTORS Approved Disapproved Date: By (Board Member) (Office)

NOTE: THESE RULES AND REGULATIONS ARE PART OF THE OFFICIAL CONDOMINIUM DOCUMENTS THAT MUST BE GIVEN TO ALL POTENTIAL BUYERS. CALL YOUR ASSOCIATION'S SECRETARY TO ENSURE THAT YOU HAVE THE MOST RECENT VERSION. Sorrento Villas Section 5 Condominium Assoc, Inc. Please remember that this is a Condominium Association and Board approval is required before changes of any kind are made to the external surfaces of a villa or planting areas or other landscaping. Occupants and Owners shall abide by all Rules and Regulations promulgated by the Association concerning occupancy and use of the Condominium Unit and Common Element areas. Rules and Regulations 1. TV antennas or discs may be erected or constructed on the exterior of the unit. The discs may not exceed 20" (in.) in diameter and neither discs nor antennas may be placed on the roof. 2. No clotheslines or drying facilities shall be permitted outdoors of any unit or on any part of the Common Elements. 3. No signs of any type shall be permitted in or on any unit or any part of the Common Grounds where they may be viewed from the Common Elements except for the signs of a security alarm company, pet warning sign or of a licensed real estate agency or a unit owner placing a "For Sale" or "For Lease" sign on the unit. The sign may be no larger than 2' by 4'. An "Estate Sale" or "Garage Sale" sign may be posted on a unit for a maximum of 48 hours. No signs of any kind are permitted on Common Grounds. 4. All garbage or trash containers must be concealed from adjoining areas. Trash bags and containers shall be placed at the driveway entrance to the streets on the day of trash pickup, or the night before pickup only. Weeds, branches or trimmings from shrubs and trees should be properly cut, tied, and placed for regular recycling pickup. Lawn Maintenance crews do not pick up yard refuse except for large debris left after a storm. 5. No Villas may be used for any home occupation except as outlined in Section 28.76 of the Sarasota County Ordinances. In part, no increased traffic can be generated by the home occupation, customers and employees are prohibited from coming to the residence to conduct business, and the home occupation is subject to all County occupational license requirements. 6. All Unit owners must give written notice of any defects on the outside surface or roof of his/her Unit to the Association and failure to do so will result in denial of liability on the part of the Association and refusal to correct such defect at the Association's expense. In an emergency situation, a phone call may be placed to initiate resolution of the problem but must be followed up by a letter to the Association. 7. The Condominium Association assumes the responsibility of mowing and fertilizing lawns. Currently we fertilize two times annually as per our contract with our present lawn maintenance company. All other lawn maintenance is the owner's responsibility including lawn replacement, thatch control, lawn disease control, and lawn insect control. The Lawn Maintenance crew does not pick up dropped fruit and does not do any raking. Villa owners are responsible for picking up dropped fruit at least once a week (or as necessary) and placing it with the regular trash. If this is not done, the Association will have the work performed and the Owner will be billed for that work. 8. It is the responsibility of the owner to properly maintain all planted areas in a neat and respectable condition. This also applies to those Villa owners who leave their Villas unattended for more than 30 days or who lease their Unit. Upon failure of compliance, the Association will hire the necessary services to achieve the same and charge the villa owner who shall be liable for reimbursement to the Association. A notice of 15 days will be given prior to commencement of the work.

NOTE: THESE RULES AND REGULATIONS ARE PART OF THE OFFICIAL CONDOMINIUM DOCUMENTS THAT MUST BE GIVEN TO ALL POTENTIAL BUYERS. CALL YOUR ASSOCIATION'S SECRETARY TO ENSURE THAT YOU HAVE THE MOST RECENT VERSION. 9. The Association disclaims any responsibility for care of flowers, shrubs or trees placed by the owner, previous owners, or lessee around the villa or any part of the common elements. 10. Each Villa Owner is required by the Association to maintain the existing Post Lamp in front of his/her Villa so that the light works during darkness. 11. No gravel, blacktop, paved parking strips or any other surfaces are permitted on any Villa site without the prior written approval of the Board of Directors of Sorrento Villas, Section 5, Association, Inc. Approval will be given when the addition of a concrete parking slab will not impact the general esthetics of the site and there is adequate space available. The requestor must obtain prior written approval of the owner adjoining the property where the slab will be located. A construction plan is required. 12. Dogs and cats must be on a leash when outdoors. Use plastic bags to gather and dispose of animal waste. Sarasota County requires dogs and cats to be licensed and vaccinated for rabies every three years. 13. Parking: (a) No automobile with conspicuous advertising, camper, bus of any type or size, commercial vehicle, boat, boat trailer, or motor home shall be parked on any driveway, street, lawn or on the Common Elements of this Association between the hours of 6 PM and 7 AM any day of the week. Any owner or lessee using such vehicle must garage said vehicle in an enclosed garage. (b) A Unit Owner's camper, boat, trailer, motor home, converted bus or any other type of vehicle intended for recreational purposes may be parked on an owner's driveway up to 48 hours prior to departure on a trip and up to 48 hours following a trip. Campers and R. V.'s of visitors may not be parked. (c) No owner, visitor or services person may park a vehicle of any type on any Common Land area including the Park area on the lake side of Villa Park Drive. Violators will be advised of a violation of the Rules & Regulations by a ticket placed on the offending vehicle and at the front door of the villa where the vehicle is parked. If the violations continue, notification of such violation(s) will be sent to the owner by Registered/ Return Receipt mail. Fifteen days after the notification is signed for, the Association will hire appropriate service personnel to repair the damaged areas. The owner will be responsible for the cost incurred by the Association to repair damaged areas and will be invoiced for the cost 14. A violation of the Rules and Regulations will result in the following actions: (a) If a violation of a rule or regulation occurs, a Board member will contact the Unit Owner informing them of the violation either by phone or in person. It is our Wish that a resolution can be made at that time. (b) If a resolution cannot be reached, a certified letter, return receipt requested, will be sent to the violator informing them in writing as to what rule has been broken. (C) If the violation is not corrected, the Secretary will send a second letter, Certified mail, return receipt requested, advising the owner that he/she has the right to meet with the Board of Directors of the Association to discuss the matter. Failure by the recipient to act on the notice will result in the matter being turned over to our Attorney for prosecution and the Association will assess legal and court fees to the Owner.

NOTE: THESE RULES AND REGULATIONS ARE PART OF THE OFFICIAL CONDOMINIUM DOCUMENTS THAT M1JST BE GIVEN TO ALL POTENTIAL BUYERS. CALL YOUR ASSOCIATION'S SECRETARY TO ENSURE THAT YOU HAVE THE MOST RECENT VERSION. 15. It is the Villa Owner's responsibility to keep plantings from touching the Villa or soffit/fascia areas and keep plantings trimmed to allow for exterior Villa maintenance. A space of at least a couple of inches must be maintained between any wood siding or trim and the ground or mulch. Any damage caused by failure to comply with this is the Villa Owner's responsibility. 16. "Native" trees that an owner would like to have trimmed for cosmetic reasons (nonhazardous reasons) may be brought to the Board's attention. The Association will get an estimate of cost for same and relay it to the Unit Owner. Upon approval, the work will be performed and the Villa Owner billed for the service. Non-native trees that become a hazard or are diseased must be treated or removed by the Villa Owner. Failure to do so in a timely manner will result in the Association arranging for the work to be done and the Villa Owner will be billed for the cost. 17. The Association shall maintain the exterior surface of all supporting walls of the unit including outside surfaces in front lanais and Florida Room, whether screened or open. Lanai and Florida Room ceilings shall be maintained by the Association except if Florida Room is permanently enclosed. If the Florida Room is permanently enclosed the ceiling and walls become a part of the unit under roof and as such will be maintained by the unit owner. 18. The Association carries a package insurance policy that covers liability, Fidelity Bonds for Board members, and property and windstorm/hurricane coverage on the exterior support walls of the villas and the roofs (See insurance summary letter provided by the Association's insurance agent.) However, Unit Owners are responsible for obtaining their own condominium policy and any additional coverage recommended by their insurance agent (for example, windstorm and hurricane coverage for the interior which the Association does not provide). Flood insurance is not carried by the Association but may be purchased by the Unit Owner if desired or required. 19. Unit Owners or any occupants may not create a nuisance. 20. The Association pays for removal of debris on roofs once a year when roofs are cleaned. Any additional debris removal and gutter cleaning are the responsibility of the Villa Owner. 21. The installation of any fencing must be approved by the Board with construction plans submitted prior to any changes occurring. All fencing must be maintained by the Villa Owner. 22. Pool maintenance, maintenance of the associated structures including pool cages, and insurance for same are the responsibility of the Villa Owner. 23. Unit Owners must provide emergency contact information and list location of an extra key with the Association Secretary. 24. Irrigation wells may be dug (with Board approval) by Villa Owner at Owner's expense, but cannot interfere with any neighbor. 25. Sidewalk and driveway: cosmetic repairs are the owner's responsibility. Other problems will be repaired with concrete only (not pebble coating) at Board's discretion. 26. Board approval is required for the addition of solar panels or skylights. If an owner receives approval and has the project completed, or the structure currently has these items, the entire section of the roof involved is the Villa Owner's responsibility.

NOTE: THESE RULES AND REGULATIONS ARE PART OF THE OFFICIAL CONDOMINIUM DOCUMENTS THAT MUST BE GIVEN TO ALL POTENTIAL BUYERS. CALL YOUR. ASSOCIATION'S SECRETARY TO ENSURE THAT YOU HAVE THE MOST RECENT VERSION. 27. Any work to be performed, that is the Association's responsibility, shall be during regular working hours. Any work requested by owner, which involves after hours or holiday rates shall be paid for by the owner. 28. Unit owners are required to remove lawn furniture, above ground potted plants, bicycles, trash cans, and all other items which could become flying missiles during high wind conditions from the common areas. This regulation is based on the Official Guide for the Tampa Bay Area; "Hurricane Guide" issued by Sarasota County. The purpose of the rule is to protect Villa Section 5 units/members from damage caused by flying objects during Tropical and hurricane force wind conditions. The rule is effective whenever NOAA (National Oceanic & Atmospheric Administration) issues a Storm Warning with winds greater than 60 MPH. Failure to comply would result in the Board of Directors hiring appropriate personnel to remove the items specified at the owner's expense. Every effort will made to move the items into the screened porch areas or garage of the owner, however if this is not possible, the materials will be removed and may be destroyed. No action will be taken to relocate the removed items to their original positions in the Common Areas. Seasonal residents should pay particular attention to this regulation when preparing to vacate their villa for their trip north. 29. LEASING: MINIMUM (6) SIX MONTHS. A unit owner intending to lease his unit shall provide a completed application for approval to the Association along with an executed copy of the proposed lease. Helpful Hints: Maintenance Fees: A check made payable to Sorrento Villas Section 5 is due the first of each month or before. A late fee and interest penalty will be applied to any payments that arrive after the sixth of each month (see Condominium Documents). Roofs are cleaned once a year, usually in the spring. A bleach solution is used and while plants are rinsed, less plant damage occurs if the Villa owner will also immediately rinse all plantings affected by the spray. Villa Owners should report the occurrence of any pest or hazardous situation on Common Elements (for example: a hornet's nest) as soon as possible. Thursday: recycling. Call Sarasota County Solid Waste Collection for specifics. Red bin: newspapers, magazines, and corrugated cardboard. Boxes should be Flattened. There are size restrictions. Blue bin: plastic bottles with necks, cans, aerosol cans, glass jars, aluminum foil, and Cardboard juice and milk containers. No Styrofoam (some grocery stores have Styrofoam recycling bins). Yard waste: (not dropped fruit) may be placed in garbage containers, tied in bundles or bagged. Thursday: garbage/trash. Garbage/trash: watch newspapers for periodic; dates and depositories for hazardous wastes.

NOTE: THESE RULES AND REGULATIONS ARE PART OF THE OFFICIAL CONDOMINIUM DOCUMENTS THAT MUST BE GIVEN TO ALL POTENTIAL BUYERS. CALL YOUR ASSOCIATION S SECRETARY TO ENSURE THAT YOU HAVE THE MOST RECENT VERSION. Watering of lawns and plantings are controlled by the County. Please refer to the newspaper for the current restrictions for days and times when watering is allowed. Remember that there are the watering police and fines are rather stiff for each violation. The Nokomis Fire Department accept donations (November-November coverage). Residents that are current donors are exempt from the usual fee of $45.00 per truck per hour and $14.50 per firefighter hour. The annual dues of $75.00 cover all calls of all types and of any number per year. For more information call the Nokomis Fire Department business number (488-8855). As a reminder, the Nokomis Fire Department is all volunteer and operates within a non-tax district. If we were in a Sarasota Tax District the tax burden would be three times the dues payable annually to the Fire Department. EMS would prefer that UNIT NUMBERS be at least four inches in height and black or brown in color, plain numbers (no fancy script) be prominently displayed on the villa. Numbers on the mailbox or mailbox post do not substitute for numbers prominently posted on the villa. Board Meetings are posted on the announcement board in the park. Villa Owners are welcome to attend. See the Announcement Board at the intersection of Miro Circle and Villa Park for specific notices. Board of Directors Sorrento Villas Section 5 Condominium Association, Inc.