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• 5. 5 Notices . Any notice shall be deemed duly served if personally served or if mailed by <br /> • certified mail , return receipt requested , or if sent via "overnight" courier service or facsimile <br /> transmission , as follows : <br /> If to Seller: Waterland Operating Company, LLC , <br /> A Florida Limited Liability Company <br /> 5470 Camino Real Lane <br /> Vero Beach , FL 32967 <br /> If to County: Indian River County <br /> 1801 27th Street , Vero Beach , FL 32960 <br /> Attn : Land Acquisition Bob Webb <br /> Either party may change the information above by giving written notice of such change as <br /> provided in this paragraph . <br /> 8 . 6 Survival and Benefit. Except as otherwise expressly provided herein , each agreement, <br /> representation or warranty made in this Agreement by or on behalf of either party, or in any <br /> instruments delivered pursuant hereto or in connection herewith , shall survive the Closing Date <br /> and the consummation of the transaction provided for herein . The covenants , agreements and <br /> undertakings of each of the parties hereto are made solely for the benefit of, and may be relied <br /> on only by the other party hereto , its successors and assigns , and are not made for the benefit <br /> of, nor may they be relied upon , by any other person whatsoever. <br /> 8 . 7 Attorney's Fees and Costs . In any claim or controversy arising out of or relating to this <br /> Agreement , each party shall bear its own attorney's fees , costs , and expenses . <br /> 8 . 8 . Counterparts . This Agreement may be executed in two or more counterparts , each one of <br /> which shall constitute an original . <br /> 8 . 9 . County Approval Required : This Agreement is subject to approval by the Indian River <br /> County as set forth in paragraph 2 . <br /> 8 . 10 Beneficial Interest Disclosure : In the event Seller is a partnership , limited partnership , <br /> corporation , trust, or any form of representative capacity whatsoever for others , Seller shall <br /> provide a fully completed , executed , and sworn beneficial interest disclosure statement in the <br /> form attached to this Agreement as an exhibit that complies with all of the provisions of Florida <br /> Statutes Section 286 . 23 prior to approval of this Agreement by the County . However, pursuant <br /> to Florida Statutes Section 286 . 23 (3)(a) , the beneficial interest in any entity registered with the <br /> Federal Securities and Exchange Commission , or registered pursuant to Chapter 517 , Florida <br /> Statutes , whose interest is for sale to the general public, is exempt from disclosure ; and where <br /> the Seller is a non-public entity, that Seller is not required to disclose persons or entities holding <br /> less than five (5%) percent of the beneficial interest in Seller. <br /> F:\Engineering\Robert Webb\53rd street ext\waterlanddevelop 53street Purchase Contract.doc - 4 - <br />