August 18, 2015 Ms. Rosemary Gudger NORTHERN TRUST BANK · BUILDING PERMITS The Building Permit (#B-2014-00001385) was issued by The Village of Wellington on Wednesday, September

August 18, 2015 Ms. Rosemary Gudger NORTHERN TRUST BANK 700 Brickell Ave. Miami, FL 33131 RE: CONSTRUCTION PROGRESS & DRAW INSPECTION

INSPECTION #10 - APPLICATION #10 HOLLOWAY RESIDENCE 2420 Greenbriar Blvd. Wellington, FL 33414

Dear Rosemary: At the request of the Lender, NORTHERN TRUST BANK, the above referenced project was inspected on Monday, August 17, 2015 at approximately 1:45 pm. The weather at the time of the inspection was warm temperatures and partly cloudy skies. PROJECT SCOPE

The project consists of the new construction of a two (2) story, 5 bedroom, 6 bath, single family

residence containing a living area of 5,314 sq. ft. The covered entry, loggias and lanai adds an

additional 2,529 sq. ft. for a total area of 7,843 sq. ft. and is based on the numbers below:

1st Level AC 4,811 sq. ft. 2nd Level AC 503 sq. ft. TOTAL LIVING AREA 5,314 sq. ft. Covered Entry/ Loggias/Lanai 2,529 sq. ft. T O T A L 7,843 sq. ft. The main residence will contain the following rooms at the 1st floor: covered entry, great room,

gallery, library, dining room, kitchen, pantry, laundry, powder room, three (3) guest suites with

full bathrooms, Master suite with full bathroom, courtyard, covered lanai and 3 car garage.

The 2nd level will contain one (1) guest bedroom with full bath and sitting room.

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Additional improvements will include heated pool, impact windows and exterior doors including

garage overhead, granite kitchen counter top, R-20 “icynene” attic insulation, 300 amp electrical

service, 4-zone air conditioning system, emergency generator, brick paver courtyard, landscaping

and irrigation.

METHOD OF CONSTRUCTION The foundation system will consist of a monolithic thickened edge that will be integral with the

floor slab. The 1st level floor will be a 4”, 3,000 PSI reinforced concrete slab with 6” x 6” x

10/10 welded wire fabric to help control cracking during the heat of hydration. The building pad

will be compacted to 95% density. The building pad will be treated with soil poisoning to help

deter subterranean termite activity. Reinforced concrete columns will include reinforced

concrete column pads.

The 2nd level will contain carpet over ½’ soundboard attached to ¾” plywood, glued and screwed

to wood floor joists.

The exterior walls will consist of stucco over reinforced masonry block walls, strengthened with

reinforced concrete columns and tie beam.

The roof is of a hip design and will consist of standing seam metal roof installed over 90#

mineral surfaced roll roofing, hot mopped to 30” roofing felt, tin tagged to 5/8” exterior grade

plywood sheathing attached to pre-engineered wood roof trusses. The attic insulation will

consist of R-20 “icynene” insulation sprayed to the bottom of the attic roof sheathing. The attic

will be a closed system and will not contain venting.

The electrical system will be underground and consist of 120/240 volt, single-phase, 3-wire

system. The electrical service will total 300 amps. The electrical panels will be located on the

interior North wall of the garage. The electrical system grounding will be provided by bonding

to the foundation reinforcing steel, by a driven metal ground electrode and connection to the

copper water supply. Overcurrent protection will be provided by circuit breakers.


The A/C system will consist of a four (4) zone system with the air handlers contained in the attic

and mechanical rooms and compressors located at the exterior and mounted on concrete

equipment pads.

CONTRACT

The Contract is written in a Non-Standard Form of Agreement between Owner and Contractor

where the basis of payment is a “stipulated fee”.

The Contract is dated Monday, July 28, 2014, and is written between MARK and TRICIA

HOLLOWAY as the Owners and BROWNING & BECKER CONSTRUCTION, INC. as the

Contractor.

The Contract provides for written change orders authorized by both the Contractor and Owner.

All change orders should require the review and approval by Northern Trust Bank.

The copy of the Contract received by this office is signed by both the Owner and Contractor.

The Contract identifies “Construction Commencement” as three (3) days after the issuance of

the building permit. The Contract also identifies a “Substantial Completion” date as 360 days

after the “Construction commencement”. The Permit was issued on Wednesday, September 17, 2014. Using these parameters we have identified a “Substantial Completion” date of

Tuesday, September 15, 2015. RECOMMENDED FUNDING

The Contractor, BROWNING & Becker, has requested $160,859.70 under Application and Certificate for Payment #10 for the following general conditions, garage doors, fireplace

mantel (deposit), gas piping, trim labor, paint, pavers, roof, decorative shutters, stucco, change

order items, overhead and profit.


We found all of the work to be complete for which construction funds are requested and the

deposit request appears reasonable. Based on our site inspection and review of the current

application, we recommend the disbursement in the amount requested of $160,859.70 which is

based on the figures below. This will leave a balance of $236,755.86 remaining to be funded

under the Contract, which is an amount in our estimation sufficient to complete the remainder of

the improvements.

A P P L I C A T I O N # 1 0 H o l l o w a y R e s i d e n c e

2420 Greenbriar Blvd. Wellington, FL

Original Contract $1,166,897.16

Change Orders 282,490.00

New Contract 1,449,387.16

Total Completed 1,265,284.73

Retainage (5%) 52,656.43

Total Completed less Retainage 1,212,631.30

Previous Payments 1,051,771.60

Current Payment Due 160,859.70

Balance to Finish $236,755.86 RETAINAGE

The Contract requires a retainage factor of 10% against the cumulative total of “Total

Completed and Stored to Date” until the project arrives at a completion level of 60% complete. At that time the retainage is to be reduced to 5%. Our funding recommendation is consistent

with this retainage provision.

PROGRESS SUMMARY The exterior masonry block walls are complete including stucco and ready for paint finishes.

The roof is complete. The roof brackets are installed. The windows and exterior doors are


installed with the exception of front entry. The overhead garage door installation is nearing

completion. The interior framing is complete. The rough plumbing, mechanical and electrical

are complete. The wall and attic insulation is complete. The drywall is hung, taped and

substantially finished. Interior trim and doors are substantially installed. The fireplace

installation is nearing completion. The AC installation is nearing completion. The installation of

cabinetry has begun and is partially complete. The floor and bath tile has begun and is partially

complete. The pool is dug, formed and gunited. The pool rough plumbing is complete. The

concrete equipment pads have been poured. The septic tank installation is complete. The

installation of the irrigation system has begun and is substantially complete except for heads.

The installation of landscaping has begun and is partially complete. The paver driveway and

motor court is complete.

The work completed to date appears to be in substantial compliance with the plans and

specifications. Overall progress is estimated at approximately 87% complete.

STORED MATERIALS

Materials consisting of floor and bath tile, wood flooring, trim, light fixtures and cabinetry were

stored on site at the time of the inspection. Portions of previously stored materials have been

incorporated into the improvements.

PROJECT COMPLETION

The Contract identifies “Construction Commencement” as three (3) days after the issuance of

the Permit. The Contract also identifies a “Substantial Completion” date as 360 days after the

“Construction Commencement”. The Permit was issued on Wednesday, September 17, 2014.

Using these parameters we have identified a “Substantial Completion” date of Tuesday,

September 15, 2015.

Construction progress is estimated at approximately 87% complete and is “behind schedule”

approximately forty-five (45) days. (See Progress Chart).


CHANGE ORDERS

There have been fourteen (14) change orders issued during previous invoice periods. These

change orders total $282,490.00 and raise the Contract Amount to $1,449,387.16 and are based

on the figures below:

Original Contract Amount $1,166,897.16

Previous Change Orders 0.00

New Change Orders 282,490.00

Total Change Orders 282,490.00 New Contract Amount $1,449,387.16 BUILDING PERMITS

The Building Permit (#B-2014-00001385) was issued by The Village of Wellington on

Wednesday, September 17, 2014. This permit is “current” and it was posted on site at the time of the inspection.

NOTICE OF COMMENCEMENT

The Notice of Commencement (NOC) was recorded with the Clerk of the Circuit of Palm Beach

County on Tuesday, September 16, 2014. The NOC contains the following information: Owner MARK HOLLOWAY and PATRICIA HOLLOWAY Contractor BROWN & BECKER CONSTRUCTION, INC. Lender THE NORTHERN TRUST COMPANY The NOC will expire on Wednesday, September 16, 2015 and provides for a 1 year construction period. This time frame will be sufficient to complete the improvements. The NOC is “current” however it was not posted on site at the time of the inspection.


MANPOWER ALLOCATION AND QUALITY CONTROL

There were approximately twelve (12) workmen on site at the time of the inspection.

Construction activities center on completion of landscaping, floor and bath tile and preparation

for kitchen cabinet installation.

Workmanship continues to appear good in these later stages of construction.

BEATTY INSPECTION SERVICES appreciates the opportunity to be of service to you. Please call if you have any questions or if we can be of assistance. Sincerely, BEATTY INSPECTION SERVICES

Mark B. Beatty President Residential Building Inspector – International Code Council (#5189336-B) FL Licensed Home Inspector – HI - #1148 FL Licensed Mold Assessor – MRSA #735 FL Licensed Mold Remediator – MRSR #858 Master Building Inspector - Florida Association of Building Inspectors: (FABI) (RPI #0077) American Society of Home Inspectors: (ASHI) (ID#32196) Indoor Air Quality Association: (IAQC) (ID#19724) Home Inspectors Assoc. of South Florida (HIASF) MBB\lmm


FRONT ELEVATION

SOUTH ELEVATION


REAR ELEVATION

NORTH ELEVATION


ELECTRICAL SERVICE ENTRANCE

POOL CONSTRUCTION


POOL ROUGH PLUMBING

LOGGIA CEILING


INSTALLED LANDSCAPING

EQUIPMENT PADS


PIZZA OVEN

FIREPLACE CONSTRUCTION


PAVER DRIVEWAY

INSTALLED SEPTIC TANKS


AIR HANDLER INSTALLATION

2ND LEVEL GUEST BATHROOM


LAUNDRY ROOM

GREAT ROOM TRUSSES


MASTER BEDROOM

MASTER BATH


INTERIOR HALL

STORED MATERIALS – MILLED LUMBER


STORED MATERIALS – CABINETRY

STORED MATERIALS – TRIM MATERIAL STORED MATERIALS – FLOOR TILE


STORED MATERIALS – BATH TILE

STORED MATERIALS – CABINETRY