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2008-133
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2008-133
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Last modified
3/30/2016 2:04:41 PM
Creation date
10/1/2015 12:08:12 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/29/2008
Control Number
2008-133
Agenda Item Number
8.E.
Entity Name
Mary Loree Sanders
Subject
Right of Way Acquisition Purchase
Area
976 8th St.
Supplemental fields
SmeadsoftID
6999
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o � �aq / off <br /> 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 08th day of April , 2008, by and between Indian River County, a <br /> political subdivision of the State of Florida ("County"), and Mary44wre-Sanders ("Seller"), <br /> whose address is 5225 Cairo Drive, Sebring FL. 33875 and agrees as follows: <br /> 1 . Agreement to Purchase and Sell and Grant. The Seller hereby agrees to sell to the County, <br /> and the County hereby agrees to purchase from Seller, upon the terms and conditions set forth <br /> in this Agreement, that certain parcel of real property located at 976 8`h Street, Vero Beach, <br /> County of Indian River, State of Florida and more specifically described in Exhibit "A," <br /> containing approximately 200.0 square feet or .005 acres, zoned single family residential, <br /> and all improvements thereon, together with all easements, rights and uses now or hereafter <br /> belonging thereto. <br /> 2. Purchase Price, Effective Date. The purchase price (the "Purchase Price") for the Property <br /> shall be Six-Hundred Seventy and 00/ 100 Dollars ($670. 00), $3 .35 per square foot. The <br /> Purchase Price shall be paid on the Closing Date. The Effective Date of this Agreement shall <br /> 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 <br /> provided (a) there exists at Closing no violation of any of the foregoing; and (b) none of the <br /> foregoing prevents County' s intended use and development of the Property. <br /> 3 .2 County may order an Ownership and Encumbrance Report with respect to the Property. <br /> County shall, within thirty (30) days from receipt of the Ownership and Encumbrance Report, <br /> deliver written notice to Seller of title defects. Title shall be deemed acceptable to County if <br /> (a) County fails to deliver notice of defects within the time specified, or (b) County delivers <br /> notice and Seller cures the defects within thirty (30) days from receipt of notice from County <br /> of title defects ("Curative Period"). Seller shall use best efforts to cure the defects within the <br /> Curative Period and if the title defects are not cured within the Curative Period, County shall <br /> have thirty (30) days from the end of the Curative Period to elect, by written notice to Seller, <br /> to: (i) to terminate this Agreement, whereupon shall be of no further force and effect, or (ii) <br /> extend the Curative Period for up to an additional 90 days; or (iii) accept title subject to <br /> 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 /> I <br /> FAEngineering\Robert WeWsanderspuragree.doc <br />
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