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2008-033
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2008-033
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Last modified
3/22/2016 2:09:22 PM
Creation date
9/30/2015 11:57:14 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/05/2008
Control Number
2008-033
Agenda Item Number
7.Y.
Entity Name
Thomas and Diane Nason
Subject
Real Estate Exchange Agreement
Area
16th St.
Supplemental fields
SmeadsoftID
6854
Document Relationships
2008-008
(Attachment)
Path:
\Resolutions\2000's\2008
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NOW THEREFORE, in consideration of the mutual terms, conditions, promises and <br /> covenants hereinafter, the Nasons and the County agree as follows: <br /> 1 . The above recitals are true and correct and incorporated by reference into this agreement. <br /> 2. The County agrees to convey to the Nasons a portion of land lying immediately north of the <br /> Nasons' property, consisting of 1 ,586 square feet (0. 036 acres) as depicted on Exhibit A <br /> attached. <br /> 3 . At the same time, the Nasons agree to convey to the County the southern-most portion of their <br /> property consisting of 850 square feet (0 .020 acres) as depicted on Exhibit B attached. The <br /> Nasons will also convey to the County an easement for sidewalk and utilities as depicted on <br /> Exhibit C attached. <br /> 4. Each party shallconvey marketable title to their respective parcels by warranty deed free of <br /> claims, liens, easements, encumbrances and property taxes prorated for the year of closing. <br /> 5 . County shall be responsible for preparation of all Closing documents. <br /> 6. County shall pay the following expenses at Closing: <br /> a. The cost of recording the warranty deed and any release or satisfaction obtained by Seller <br /> pursuant to this Agreement. <br /> 7 . The Nasons shall pay the following expenses at or prior to Closing: <br /> a. All costs necessary to cure title defect(s) or encumbrances, other than the permitted <br /> exceptions <br /> b. Outstanding taxes, if any <br /> c. Any costs necessary to satisfy or release of record all existing mortgages, liens or <br /> encumbrances upon the Property. <br /> 8 . In the event a dispute arises over this agreement, the Nasons and the County shall each pay <br /> their own attorneys' fees and costs. <br /> 9. This Agreement constitutes the entire agreement between the parties with respect to this <br /> transaction and supersedes all prior agreements, written or oral. <br /> IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first set <br /> forth above . <br /> 2 <br />
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