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Last modified
10/27/2015 10:26:14 AM
Creation date
10/1/2015 4:59:12 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
01/15/2013
Control Number
2013-012
Agenda Item Number
13.C.
Entity Name
Free, Patrick Shawn
Subject
Right of Way
Quit Claim Deed Partial Release of Mortgage
Area
710 2nd. Street Old Dixie Highway
Supplemental fields
SmeadsoftID
11691
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4 AV <br /> performance of the terms and conditions hereof; or (iii) waive the Associate's <br /> default and proceed to Closing . <br /> 6:2 In the event of a . default by the County, the Mr.. Free shall be entitled , as <br /> its sole remedy hereunder, to terminate this Agreement. <br /> 7`. Closing . <br /> 7. 1 The closing of the transaction contemplated herein. ("Closing " and "Closing <br /> Date") shall take place within 45 days following the .Effective Date of this <br /> Agreement. The parties .agree that the Closing shall be as follows . <br /> (a) Mr. Free shall execute and. deliver to the County a quit claim deed <br /> conveying marketable title to the Property. <br /> (b)' Mr. Free shall have removed all of its personal property and <br /> equipment from the Property and Mr.. Free shall deliver possession of the <br /> Property to County vacant and in the same or better condition that existed <br /> at the Effective Date hereof. <br /> (c) Mr. Free shall deliver to the County an affidavit, in- form acceptable <br /> to the County, certifying, that he is not a non-resident alien or foreign <br /> entity, such that Mr. Free and such interest holders are not subject to tax. <br /> under the Foreign Investment and Real Property Tax Act of 1980 . <br /> (d) Mr. Free and the County shall each deliver to the other such other <br /> documents or instruments as may reasonably be required to Close this <br /> transaction , including any corrective documents.. <br /> 7 .2 . Closing Costs; Expenses .. County shall be responsible for preparation of <br /> all Closing documents .. County shall pay the following expenses at Closing . <br /> (a) The cost of recording the warranty deed and any release or <br /> satisfaction obtained by Seller pursuant to this Agreement. <br /> (b) Documentary Stamps required' to be affixed' to the warranty deed . <br /> (c) All costs and premiums for the owner's marketability title- insurance <br /> commitment and policy; if any. <br /> 8 . Prorations . Al[ taxes and -special assessments which are a lien upon the property <br /> on or prior to the Closing Date (except current taxes which are not yet due and payable) <br /> shall be paid by Mr. Free . If the Closing Date occurs during the time interval <br /> commencing on November 2 and ending on December 31 , Mr. Free shall pay all current <br /> real estate taxes and special assessments levied against the Property , prorated based <br /> on the "due date" of such taxes established by the taxing authority 'having jurisdiction <br /> over the: Property. If the Closing Date occurs between January 1 and November 1 , Mr. <br /> Free shall , in accordance with Florida Statutes Section 196. 295 , deposit into escrow <br /> with the Tax Collector, an amount equal to the current real estate taxes and <br /> assessments, prorated to the Closing Date.: <br /> 3 <br />
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