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AGREEMENT TO PURCHASE AND SELL REAL ESTATE \ <br /> THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement" ) is made and <br /> entered into as of the 12thday of duly , 2005 , b and between INDIAN RIVER <br /> COUNTY , a political subdivision of the State of Florida , 1840 25 Street , Vero Beach , FL 32960 <br /> ( " County" ) , and JOE N . IDLETTE , JR. and BERNICE IDLETTE , 4730 58th Avenue , Vero Beach , <br /> FL 32967 ( "Seller" ) , 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 described as parts of Property Appraiser' s Tax <br /> # 32392200000100000027 . 1 located in Vero Beach , Indian River County , State of Florida , and <br /> more specifically legally described on Exhibit "A" attached hereto and incorporated by this <br /> reference containing approximately . 34 Acres* , and any improvements thereon , together with all <br /> easements , rights and 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 $ 15 , 300 . 00* . The Purchase Price shall be paid and title to the described <br /> property shall be conveyed on the Closing Date , The Effective Date of this Agreement shall be <br /> the date upon which the Indian River County Board of County Commissioners approved the <br /> execution of this Agreement at its formal meeting . *$45, 000 per acre will be paid based on the <br /> exact calculation of acreage for the parcel to be purchased as determined by a licensed <br /> surveyor. <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 /> 1 <br />