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2011-132
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2011-132
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Last modified
2/10/2016 10:11:07 AM
Creation date
10/1/2015 4:54:20 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
06/07/2011
Control Number
2011-132
Agenda Item Number
13.A.2
Entity Name
Sherwood Stephen & Frances
Subject
66th Ave. Project. Real Estate purchase agreement, deed
Area
6530 33th. Street
Supplemental fields
SmeadsoftID
11657
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If to Seller : If to County : <br /> Stephen D . Sherwood Indian River County <br /> Frances G . Sherwood 1801 27th Street <br /> 6530 33`d Street Vero Beach , FL . 32960 <br /> Vero Beach , FL 32966 Attention : Public Works Director <br /> Either party may change the information above by giving written notice of such change as <br /> provided in this paragraph . <br /> 8 . 5 Survival and Benefit . Except as otherwise expressly provided herein , each agreement , <br /> representation or warranty made in this Agreement by or on behalf of either party , or in any <br /> instruments delivered pursuant hereto or in connection herewith , shall survive the Closing Date <br /> and the consummation of the transaction provided for herein . The covenants , agreements and <br /> undertakings of each of the parties hereto are made solely for the benefit of, and may be relied <br /> on only by the other party hereto , its successors and assigns , and are not made for the benefit <br /> of , nor may they be relied upon , by any other person whatsoever. <br /> 8 . 6 Attorney' s Fees and Costs . In any claim or controversy arising out of or relating to this <br /> Agreement , each party shall bear its own attorney' s fees , costs , and expenses . <br /> 8 . 7 . Counterparts . This Agreement may be executed in two or more counterparts , each one <br /> of which shall constitute an original . <br /> 8 . 8 . County Approval Required. : This Agreement is subject to approval by the Indian River <br /> County as set forth in paragraph 2 . <br /> 8 . 9 Beneficial Interest Disclosure : In the event Seller is a partnership , limited partnership , <br /> corporation , trust , or any form of representative capacity whatsoever for others , Seller shall <br /> provide a fully completed , executed , and sworn beneficial interest disclosure statement in the <br /> form attached to this Agreement as an exhibit that complies with all of the provisions of Florida <br /> Statutes Section 286 . 23 prior to approval of this Agreement by the County . However, pursuant <br /> to Florida Statutes Section 286 . 23 ( 3 ) ( a ) , the beneficial interest in any entity registered with the <br /> Federal Securities and Exchange Commission , or registered pursuant to Chapter 517 , Florida <br /> Statutes , whose interest is for sale to the general public , is exempt from disclosure ; and where <br /> the Seller is a non - public entity , that Seller is not required to disclose persons or entities holding <br /> less than five ( 5 % ) percent of the beneficial interest in Seller. <br /> 8 . 10 Fees and Costs : The purchase price of $ 40 , 000 is inclusive of all costs and attorneys <br /> fees . <br /> 8 . 11 "Seller acknowledges receipt of the " Notice to Owner" and understands his/ her rights <br /> granted under Florida Law Chapters 73 and 74 . " <br /> 5 <br />
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