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C:F • oS• og <br /> y 5�t <br /> b U U <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 31 st day of January, 2008 by and between Indian River County, a political <br /> subdivision of the State of Florida ("County") , and United Church of Sebastian, Inc (" Seller") , who <br /> agrees as follows : <br /> 1 . Agreement to Purchase and Sell and Grant. The Seller hereby agrees to sell to the County. and <br /> the County hereby agrees to purchase from Seller, upon the terms and conditions set forth in this <br /> Agreement, that certain parcel of real propem located at 1251 Sebastian Boulevard, Sebastian; FL <br /> 32958 county of Indian River, State of Florida and more specifically described in Exhibit ` :A," <br /> containing approximately 360 . 0 square feet or . 01 acres, for the purpose of a sidewalk to be <br /> constructed, and all improvements thereon, together with all easements , rights and uses now or <br /> hereafter belonging thereto . <br /> 2 . Purchase Price. Effective Date . The purchase price (the "Purchase Price") for the Propem, shall <br /> be Seven-Hundred-Twenty and 00/ 100 Dollars ($ 720 . 00) . The Purchase Price shall be paid on the <br /> Closing Date . The Effective Date of this Agreement shall be the date upon which the County shall <br /> have approved the execution of this Agreement, either by approval by the Indian River County Board <br /> of County Commissioners at a formal meeting of such Board or by the County Administrator <br /> 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 for the <br /> year of Closing and covenants, restrictions and public utility easements of record provided (a) there <br /> exists at Closing no violation of any of the foregoing; and (b) none of the foregoing prevents <br /> 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, deliver <br /> written notice to Seller of title defects . Title shall be deemed acceptable to County if (a) County fails <br /> to deliver notice of defects within the time specified, or (b) County delivers notice and Seller cures <br /> the defects within thirty (30) days from receipt of notice from County of title defects ("Curative <br /> Period") . Seller shall use best efforts to cure the defects within the Curative Period and if the title <br /> defects are not cured within the Curative Period, County shall have thirty (30) days from the end of <br /> the Curative Period to elect, by written notice to Seller, to : (i) to terminate this Agreement, <br /> whereupon shall be of no further force and effect. <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 /> 4 . 2 From and after the Effective Date of this Agreement, Seller shall take no action which would <br /> impair or otherwise affect title to any portion of the Property, and shall record no documents <br /> in the Public Records which would affect title to the Property, without the prior written <br /> consent of the County. <br /> 1 <br /> F:\Engineering\Robert Webb\unitedchurchsebastian512 .doc <br />