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2007-138
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2007-138
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Last modified
5/13/2016 11:37:48 AM
Creation date
9/30/2015 10:45:33 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/17/2007
Control Number
2007-138
Agenda Item Number
11.!.2
Entity Name
Basil & Donna L. Keller
Subject
Purchase Agreement Right of Way Acquisition
Area
74th St.
Supplemental fields
SmeadsoftID
6271
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instruments as may reasonably be required to Close this transaction . <br /> 6 . 2 Taxes . All taxes and special assessments , which are a lien upon the property on or prior <br /> to the Closing Date (except current taxes which are not yet due and payable) shall be <br /> paid by the Seller prior to closing . <br /> 7 . Closing Costs ; Expenses . County shall be responsible for preparation of all Closing <br /> documents . <br /> 7 . 1 County shall pay the following expenses at Closing : <br /> 7 . 1 . 1 The cost of recording the warranty deed and any release or satisfaction obtained by <br /> Seller pursuant to this Agreement. <br /> 7 . 1 . 2 Documentary Stamps required to be affixed to the warranty deed . <br /> 7 . 1 . 3 All costs and premiums for the owner's marketability title insurance commitment and <br /> policy, if any . <br /> 7 . 2 Seller shall pay the following expenses at or prior to Closing : <br /> 7 . 2 . 1 All costs necessary to cure title defect(s) or encumbrances , other than the <br /> Permitted Exceptions , and to satisfy or release of record all existing mortgages , liens or <br /> encumbrances upon the Property . <br /> 8 . Miscellaneous . <br /> 8 . 1 Controlling Law. This Agreement shall be construed and enforced in accordance with the <br /> laws of the State of Florida . Venue shall be in Indian River County for all state court matters , <br /> and in the Southern District of Florida for all federal court matters . <br /> 8 . 2 Condemnation . In the event that all or any part of the Property shall be acquired or <br /> condemned for any public or quasi-public use or purpose, or if any acquisition or condemnation <br /> proceedings shall be threatened or begun prior to the Closing of this transaction , County shall <br /> have the option to either terminate this Agreement, and the obligations of all parties hereunder <br /> shall cease , or to proceed , subject to all other terms , covenants , conditions , representations and <br /> warranties of this Agreement, to the Closing of the transaction contemplated hereby and receive <br /> title to the Property; receiving , however, any and all damages , awards or other compensation <br /> arising from or attributable to such acquisition or condemnation proceedings. County shall have <br /> the right to participate in any such proceedings . <br /> 8 . 3 Entire Agreement. This Agreement constitutes the entire agreement between the parties <br /> with respect to this transaction and supersedes all prior agreements , written or oral , between the <br /> Seller and the County relating to the subject matter hereof. Any modification or amendment to <br /> FAEngineering\Robert Webb\so66thaveproject\74th ave 12th to 4th%asildonnakeller Purchase Contract.doc - 3 - <br />
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