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2007-094
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2007-094
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Last modified
5/6/2016 11:37:45 AM
Creation date
9/30/2015 10:39:28 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
03/13/2007
Control Number
2007-094
Agenda Item Number
7.S.
Entity Name
Haydn Curtis, Cynthia A. Trevino-Aversa
Subject
Purchace Agreement
Area
74th Street
Supplemental fields
SmeadsoftID
6214
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AGREEMENT TO PURCHASE AND SELL REAL ESTATE <br /> THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made <br /> and entered into as of the 29th day of September , 2006, by and between Indian River <br /> County , a political subdivision of the State of Florida ("County") , and <br /> Haydn Curtis, a single man, and Cynthia A. Trevino-Aversa, a single woman, ("Sellers") , <br /> who agree as follows : <br /> 1 . Agreement to Purchase and Sell . The Seller hereby agrees to sell to the County, and the <br /> County hereby agrees to purchase from Seller, upon the terms and conditions set forth in this <br /> Agreement , that certain parcel of real property located at 74th Street, Vero Beach (see <br /> attached Exhibit "A " County of Indian River, State of Florida and more specifically described on <br /> Exhibit "A" attached hereto and incorporated by this reference containing approximately <br /> 23,431. 8 square feet, and all improvements thereon , together with all easements , rights and <br /> uses now or hereafter belonging thereto (collectively, the " Property") . <br /> 2 . Purchase Price , Effective Date. The purchase price (the " Purchase Price") for the <br /> property , shall be ThirtvSeven- Thousand Eight-Hundred and 00/00 Dollars ($37, 800. 00). <br /> The Purchase Price shall be paid on the Closing Date . The Effective Date of this Agreement <br /> shall be the date upon which the County shall have approved the execution of this Agreement, <br /> either by approval by the Indian River County Board of County Commissioners at a formal <br /> meeting of such Board or by the County Administrator pursuant to his delegated authority. <br /> 3 . Title . Seller shall convey marketable title to the Property by warranty deed free of claims , <br /> liens , easements and encumbrances of record or known to Seller; but subject to property taxes <br /> for the year of Closing and covenants , restrictions and public utility easements of record provided <br /> (a ) there exists at Closing no violation of any of the foregoing ; and (b) none of the foregoing <br /> prevents County's intended use and development of the Property (" Permitted Exceptions") . <br /> 3 . 1 County may order an Ownership and Encumbrance Report or Title Insurance <br /> Commitment with respect to the Property . County shall within fifteen ( 15) days following the <br /> Effective Date of this Agreement deliver written notice to Seller of title defects . Title shall be <br /> deemed acceptable to County if (a) County fails to deliver notice of defects within the time <br /> specified , or ( b) County delivers notice and Seller cures the defects within thirty (30) days from <br /> receipt of notice from County of title defects ("Curative Period") . Seller shall use best efforts to <br /> cure the defects within the Curative Period and if the title defects are not cured within the <br /> Curative Period , County shall have thirty (30) days from the end of the Curative Period to elect, <br /> by written notice to Seller, to : (i) to terminate this Agreement, whereupon shall be of no further <br /> force and effect, or ( ii) extend the Curative Period for up to an additional 90 days ; or (iii) accept <br /> title subject to existing defects and proceed to closing . <br /> 4 . Representations of the Seller. <br /> 4 . 1 Seller is indefeasibly seized of marketable , fee simple title to the Property, and is the sole <br /> owner of and has good right , title , and authority to convey and transfer the Property which is the <br /> subject matter of this Agreement, free and clear of all liens and encumbrances . <br /> Ct\Documents and Settings\rwebb\DesktopAobert Webb\so66thaveprcject\74th ave 12th to 4th\curtis Purchase Contract.doc - 1 - <br /> OR ! G L <br />
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