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2007-320B
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2007-320B
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Last modified
6/24/2016 1:27:08 PM
Creation date
9/30/2015 11:19:38 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/18/2007
Control Number
2007-320B
Agenda Item Number
9.A.1
Entity Name
Padgett Creek LLC
Subject
Option Agreement purchase Conservation Easement
Supplemental fields
SmeadsoftID
6612
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documents in the public records which would affect title to the Property, without the prior <br /> written consent of the County; (5) There are no existing or pending special assessments <br /> affecting the Property, which are or may be assessed by any governmental authority, water <br /> or sewer authority, school district, drainage district or any other special taxing district; (6) <br /> The Seller has not violated , has not received any notices of violation and has no knowledge <br /> of any existing facts or conditions which may result in any violations of any zoning , safety, <br /> environmental , health or other codes, laws , ordinances or regulations with respect to the <br /> Property; and (7) The Seller is not aware of any information or fact which would materially <br /> or adversely affect the Property or the contemplated use thereof which has not been <br /> disclosed to the County in writing . <br /> 10 . SELLER'S DOCUMENTATION . Seller shall deliver to Purchaser, within twenty (20) <br /> days after Seller's execution of this Agreement, copies of the following documents and <br /> items that are true , correct , and complete copies of the originals of such items, together <br /> with any and all modifications thereto : ( 1 ) Any and all surveys of the Property; (2) All <br /> engineering , soil , environmental , technical, zoning , access , and similar reports or <br /> documents with respect to the Property prepared by or for Seller; (3) any existing owner's <br /> title insurance policy for any parcel of the Property; and (4 ) any instruments evidencing any <br /> existing leases , tenancies, licenses, and other rights of occupancy or use for any portion of <br /> the Property that will remain as encumbrances on the Property after closing . <br /> 11 . PREPARATION OF CLOSING DOCUMENTS . Seller or the closing agent shall prepare <br /> Seller's and Purchaser's closing statement; the title, possession , and lien affidavit certified <br /> to Purchaser and title insurer in accordance with Florida Statutes Section 627 . 7842; an <br /> environmental affidavit; and any other customary closing documents, all on forms approved <br /> by Purchaser ("Closing Documents"). All prepared Closing Documents shall be submitted <br /> to Purchaser for review and approval at least ten ( 10 ) days prior to closing . Purchaserwill <br /> approve or reject the Closing Documents five (5 ) days after receipt by Purchaser. Seller <br /> will have three (3) days thereafter to revise and resubmit any rejected Closing Document to <br /> Purchaser. In the event Seller fails to timely deliver any Closing Document, or Purchaser <br /> rejects any Closing Document after delivery or revision , Purchaser may in its discretion <br /> extend the closing date accordingly. <br /> 12. EXPENSES: TAXES AND ASSESSMENTS . Seller will pay the documentary revenue <br /> stamp tax and all other taxes or costs associated with the conveyance, including the cost of <br /> recording the Conservation Easement under this Agreement and any other recordable <br /> instruments that Purchaser deems necessary to assure good and marketable title to the <br /> Property. After closing , Seller shall remain solely responsible for all taxes and <br /> assessments on the Property. All taxes and special assessments that are or may become <br /> a lien upon the Property on or prior to the Closing Date (except current taxes which are not <br /> yet due and payable) shall be paid and satisfied of record by the Seller at closing . <br /> 13 . CLOSING PLACE AND DATE . The closing shall be on or before 30 days after the <br /> option is exercised ; provided , however, that if a defect exists in the title to the Property, title <br /> commitment, Survey, environmental site assessment, or any other documents required to <br /> be provided or completed and executed by Seller, the closing shall occur either on the <br /> 5 <br />
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