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8 / 10 / 2007 <br /> 26 . AMENDMENTS . No modification , amendment, or alteration hereto , shall be effective <br /> or binding upon any of the parties hereto until it has been executed by all of the parties <br /> hereto . <br /> 27 . SURVIVAL . The covenants , warranties, representations, indemnities and undertakings <br /> of Seller set forth in this Agreement shall survive the closing , delivery , and recording of the <br /> Conservation Easement under this Agreement. <br /> 28 . BARGAIN SALE . Purchaser acknowledges that Seller intends to effectuate a "bargain <br /> sale" of the Property, i . e . , a sale to a charitable organization at a price below fair market <br /> value wherein the difference is considered a charitable contribution under applicable <br /> sections of the Internal Revenue Code . Seller acknowledges that the substantiation of a <br /> charitable contribution deduction rests exclusively with Seller, with the exception of <br /> Purchaser's execution of Internal Revenue Service Form 8283 . Purchaser agrees to <br /> provide copies of the appraisals obtained by Purchaser, upon Seller's request, after full <br /> execution of this Agreement. <br /> SELLER UNDERSTANDS AND AGREES THAT THIS OPTION AGREEMENT <br /> SHALL BE FULLY BINDING UPON SELLER AS OF THE TIME OF <br /> EXECUTION BY SELLER, FOLLOWED WITHIN A REASONABLE TIME <br /> THEREAFTER ( NO MORE THAN 45 DAYS) BY EXECUTION BY <br /> PURCHASE <br /> SELLER/: Triple S Land Company <br /> Witne as to jeller <br /> Title : <br /> Witn ss as to Seller Date signed by Seller <br /> PURCHASER; . - <br /> INDIAN RIVER COUNTY. <br /> BOARDQFCOUNTY, ISSIONERS <br /> B a <br /> Chairman <br /> Signed under authority of Resolution 96- <br /> 15 , adopted January 23 , 1996 <br /> Approved : <br /> Attest: J . K . Barton , Clerk <br /> s <br />