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2005-256
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2005-256
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Last modified
7/29/2016 10:22:16 AM
Creation date
9/30/2015 8:59:48 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Deed
Approved Date
08/02/2005
Control Number
2005-256
Agenda Item Number
7.G.
Entity Name
SunShine Rehavilitation Center of IRC
Subject
Sale of property and copy of County Deed
Area
1705 17th Ave.
Supplemental fields
SmeadsoftID
5097
Document Relationships
2005-114
(Attachment)
Path:
\Resolutions\2000's\2005
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a . <br /> sole and absolute discretion , that the Property is suitable and satisfactory for Buyer' s intended use . <br /> Buyer shall have the unconditional and absolute right to terminate this Agreement for any reason <br /> whatsoever during the Inspection Period , including but not limited to , the inability to obtain <br /> adequate financing . In order to terminate this Agreement , Buyer must provide Seller with written <br /> notice so stating no later than the expiration of the Inspection Period . Thereafter , the parties shall <br /> have no further duties , obligations or responsibilities hereunder , except matters specifically stated <br /> herein as surviving the termination of this Agreement . <br /> 4 . 1 Within five ( 5 ) business days after the Effective Date , Seller shall deliver to Buyer <br /> copies of all documents , if any , in Seller's possession concerning the Property ( " Seller' s Due <br /> Diligence Information ") . During the Inspection Period , Buyer may cause its agents , consultants , <br /> surveyors , engineers , and employees , as needed , to go upon the Property to inspect , examine and <br /> otherwise undertake those actions which Buyer, in its discretion , deems necessary or desirable to <br /> determine the suitability of the Property for Buyer' s intended uses . Neither Buyer , nor any of <br /> Buyer' s agents , shall damage any portion of the Property or any surrounding property , and Buyer <br /> hereby agrees to indemnify and hold Seller harmless for any such damage caused by Buyer or <br /> Buyer' s agents , and this indemnity shall survive the termination of this Agreement . <br /> 4 . 2 In the event Buyer fails to provide Seller with the required written notice of <br /> termination prior to the expiration of the Inspection Period , Buyer shall automatically be deemed to <br /> have elected to waive its right to terminate this Agreement under this Paragraph 4 . Buyer shall <br /> keep the Property free and clear of any liens and encumbrances in connection with its inspections <br /> of the Property . <br /> 5 . Representations of Seller. <br /> 5 . 1 Seller is seized of marketable , fee simple title to the Property , and is the sole owner <br /> of and has the authority to convey and transfer the Property , pursuant to Florida Statutes section <br /> 125 . 38 , subject to the Lease as set forth in this Agreement . <br /> 5 . 2 From and after the Effective Date of this Agreement , Seller shall take no action <br /> which would impair or otherwise affect title to any portion of the Property , and shall record no <br /> documents in the Public Records which would affect title to the Property , without the prior written <br /> consent of Buyer . <br /> 5 . 3 Except as specifically set forth herein , Seller makes no representations or warranties <br /> Of any t' atl re �✓hatsoeveI ex �, re0S Cr iinpil2d , Witl i respect to the Pr.7peI Ly . <br /> 6 . Default . <br /> 6 . 1 In the event Buyer shall fail to perform any of its obligations hereunder , Seller shall , <br /> at its sole option , be entitled to : ( i ) terminate this Agreement by written notice delivered to Buyer <br /> prior to the Closing Date or at Closing and thereupon neither Seller nor any other person or party <br /> claiming by , though , or under Seller shall have any claim for specific performance , damages , or <br /> otherwise against Buyer ; or ( ii ) waive Buyer' s default and proceed to Closing . <br /> 6 . 2 In the event Seller shall fail to perform any of its obligations hereunder , Buyer shall , <br /> at its sole option , be entitled to : ( i ) terminate this Agreement by written notice delivered to Seller <br /> prior to the Closing Date or at Closing and thereupon neither Buyer nor any other person or party <br /> 2 <br />
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