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MEDIATION SETTLEMENT AGREEMENT a D 1 / ��✓ <br /> This Mediation Settlement Agreement is entered into as of the 9th day of February , 2011 , <br /> by and among INDIAN RIVER COUNTY , a political subdivision of the State of Florida <br /> (" County" ) , CITY FIRST MORTGAGE CORPORATION , a Florida corporation (" City First" ) , <br /> and NATIONAL TITLE INSURANCE OF NEW YORK, a New York corporation ("National <br /> Title" ) . <br /> 1 . National Title shall pay to the County the sum of One Hundred Fifty Thousand <br /> and No/ 100 ( $ 150 , 000 . 00 ) ; <br /> 2 . City First shall demolish the structure located on the subject property . The term <br /> " subject property" shall mean the property located at 2025 Surfside Terrace , Vero Beach , <br /> Florida , described more fully as Lot 13 , SURFSIDE ESTATES , according to the Plat thereof, as <br /> recorded in Plat Book 6 , Page 62 , Public Records of Indian River County , Florida . The term <br /> " structure " shall mean all improvements above the slab of the existing structure . <br /> 3 . The County shall release all Code Enforcement Board liens on the subject <br /> property . <br /> 4 . This settlement shall be contingent upon satisfaction of the following two <br /> conditions : <br /> a . City First shall have thirty (30) days from the date hereof to satisfy itself <br /> that demolition of the structure as set forth in paragraph 2 above will not adversely affect the <br /> ability of City First or its eventual buyer to build within the footprint of the existing structure . <br /> City First , through its counsel , shall notify the County in writing within such thirty ( 30 ) days <br /> whether this condition is satisfied ; and <br /> F:binnmryVindnV.iiignlinnACipPint (Uarion Mtediminn Seu6anenf Agnm.dac Page + of 2 <br />