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I ' nee two
<br /> Kcal Estate I ' tuYchatic and Sale ( ' ontract
<br /> V11oresaid Auction Akyrccment . If for tiny reason other than hailurc of Seller to make Scllcr ' s title inarl: etable after
<br /> diligent effi� rt .
<br /> eller I �aiiVV . ncticcts or refuse ~ to perform this Contract , the Buyer . as liuycr ' � sole and ilwtualk exclusive
<br /> remedies , may either
<br /> AVC iv spccitic perlCn_ n7artec or elect to recctyc the return 01 ' 1iuver ' s dr posit ( , ) . 13u �� rrls ) hereby waives any
<br /> action fbr damages
<br /> _. It JI Born Schcr ' reach .
<br /> CO � 't 11, r � N ( ' 1 : : Seller shall conycv title to the Real 1 ' ropertV by suttutor } ' warrant . austec
<br /> ' � - pet
<br /> soIlal representative ' s or
<br /> udi .un ` � deed . : IV ttpprupriatc to tine status 01 ' Sellerunless this auctiuu is pursuant to an order of the
<br /> courts having jurisdiction in
<br /> the transfer to the suhjcct real estate , in which instance title shall be conveyed m accordance li ; tech order
<br />.
<br /> OTHU' R XGREE1lE1 ' rs9 This Contract specifically incorporate , by reference all language in the Opening Antlouncement �
<br /> ut the ruction . �� tether verbal in in writing , made at the auction t ) f the Real Property and in any and
<br /> all prior agreements made
<br /> ht, t0� ycell Bmcr and Sc1lcr ' 5 agent , Karlin Uaniel dr Associates . Inc . , including" , but not limited to .
<br /> the Rcal Estate Auction
<br /> I � � �� isuation for Real latatc and Bid Achnorvledgment . Notwithstanding the I61- Cgoing , any and cacti executed prior
<br /> to
<br /> u : l , C ontract 1rr Boyo and Karlin Daniel &r Associates , Inc . , shall not he deemed merged into this
<br />Contract , though the terms
<br /> � . icrcin ; hall Ile deemed fully incorporated herein , but shall remain enforceable in the IJ orrn right , individually
<br /> and collectively .
<br /> > et �� cc ! ! iuvcr ( s ) and Srllero. nother prior ur present agrceincnts or rcprcscntationsshall be binding upon Buyer
<br /> or Seller
<br /> � �: � � les � uncluticd nt ilii , Contact . No modification to or change in ahi , Contract shall he Valid ur
<br /> hnttling upon the parties unless in
<br /> aunt and e � Ccutetl by the panics intended to be bound by it .
<br /> 1 ' l ' l ' l . F: M : A ' I ' I1FAZS : The property is sold subject to anv Ca > ements , resu fictions . limitation ; .
<br /> ric1. ht of vra } , planning and
<br /> innn
<br /> ig regulanof
<br /> ' record and other matters orecord not affecting
<br /> the marketability of tale Propert . if the Sellcr ' s title is rendered
<br /> unnnal l: ctablc . through no fault oh Buyer , Buyer shrill , prior to the Closing Date , notify Seller in writing of '
<br /> tile defect and Seller
<br /> hall Itatyc 31t days from date of receipt of such notification to Cure the defect . ll - Scl ler fails to tinkly cure
<br /> the defoo all deposits )
<br /> ; 1nd closing iLind ', , hall . upon written demand by Buyer and within 5 days after demand , be returned to Buyer
<br />.
<br /> IZiSf : OI ' LOSS : The Seller Shall deliver the subject real c .Atate to the Buyer in the sante condiliun as
<br /> found date of auction . In
<br /> event thi_ �; uhlcct property is destroyed or significantly dantakued by fire or other casualty , Seller or Buyer may
<br /> coancel this
<br /> , . ii � actiur: . ; layer shall receive a refund of dcposit ( s ) , thcrebv relCasing BLJ rind Seller front all further
<br /> ohligations tinder this
<br /> „ iltr < < , t . or Buyer ma }% caned this transaction upon providing \rritten ! totice to the other printVW1111111
<br /> seven business days
<br /> � , � � . ; ec , n . rc . of the fire or other casually or by the scheduled closung date _ ifcarlicr .
<br /> ( APACI ' i Ali p ; n-ttcs signinlr this I ' tu- chase and Salc t. ' otivart in tutu represcnttitiyc capacity repicscut
<br /> that they have the
<br /> iutltority to sign on behalf ofsuch party or entity .
<br /> i ' ROhI: R ' 1 ' 1 ' T :� t DISCLOSURE S [ ' 1VI MARY : Buver should not relv on the sellers current property taxes
<br /> as the amount
<br /> I property ta .� es that the hover nnav tic obligated to pay in tltc year subuqueni to purcha � c . A change t )
<br /> f ow nership or property
<br /> i , pror elIICI I s It 14 rcassessnnents oto the property that could result in higher property taxes . II you
<br /> have any questions
<br /> � . tcernin ,) yAluatl . m . contact the county property appraisers office for information .
<br /> tNl ) h: tl ` : 1F' i C : ATIlo ) ' : "The Buyer and Seller , jointly and t; cvCIv :,IA and theents , Loll till loyCCS
<br /> or any other
<br /> 1tc , LI1-1 Jn their behalves, specifically agree to INUItAINI11 SNI ) HOLD I I ARMI . 1 : SS Karl ; n I ) ; utiel
<br /> << Associates , its
<br /> : i : , r : u . d employees . 1 � > r any injuries or damages at isin �� uudcr or pursuant to thi Purchase and Sale
<br /> Contract ,
<br /> i t itl `si ) ; C ' I ' iOti' . � \ D � ' I \ 1 ' E : T11(2 untlersigned ( s ) Itcrcliy agrcc that arty suit .
<br /> action or legal proceeding arising out ofor
<br /> tic auction ; hall be brought solely and exclusively in the courts of the ~ tate of F101- 11, 14, 1 In and for
<br /> Indian River County ,
<br /> lorida - con , , cnt to the jurisdiction of such court in any suit , action or proceeding and waive any ob ; cctioin which
<br /> they may have to
<br /> he laying of Venue of any such suit, action or proceeding in such courts . Iturthcr , the parties acknovr ledgc and
<br /> agree that this
<br /> Purchase anti Sale Contract shall be governed by , construed told enl -orced in ttccortlancc with the infernal laws of
<br />the State of
<br /> t ! . ) rich r � lillo t rc �� ard to principle of conflicts of laws .
<br /> olA I TORN EN S HA` S : In the event anv party is required to tale any action to culorec the ' ontract
<br />, the prevailing
<br /> Vl . ky ',trail b �l ennticd to recover all of its re ; isonable attorney ' s tees and costs . Reasonable attorriev s
<br /> lees slutfl include those fees
<br /> � . sled ( - o ) Itcl -tire . dtn- ul ,U and Adler litigation , including those rlicurred in attempting collection ithoul
<br /> litigation . ( b ) in litigating
<br /> 11 iai ; iud llatc levels . ( CI in auy bankruptcl" proceeding and ( d ) in any post -jud ( Jmcnt proceeding .
<br /> rV ' : tl1 i : lZ O1 I . Iirll ' I" 0 ' U A Jl ' IZY �l' 1ZLV . : A11 I' : AIZl I1 . S l Il : 1ZI : fO I II : IZI
<br /> : B � ' 1ViAly ' l : f ' HAR RR ' I IT TO A TRIAL
<br /> 111 : 1 ' W1 l dd � ZI '� Pb: C " I I :1Nyr I _ I ' I ' lGA " I ION Al : 151NG IN CONNECTION WITH Fill ' CON
<br /> HZAC " f .
<br /> Italic ; alts of ate subject real estate is by auction , vvc hereby Certil "y that vyc a _arcc and aeknowlcd }�c that
<br /> it is subject to all
<br /> su fictions and announcements made tit the opening Of' tile auction whether Verbal or in writing . We further certify
<br />that we have
<br /> ', imbued the property described hereinabove : that rye are thoroughly acquainted with it Conditions and accept it as such .
<br /> , . , � Cli a) t 1111 ; rill estate tin all AS IS " baisis with n �� an ; inti ;- u ��12 wd or 111w icd-_ :AII �11osimj
<br /> colt , . c _dnui Mx. nt_n �- tit :unps , title
<br /> _.uld In , _ oth_ t cots i , soci : IJ Stith the ti msfci ofdccd shall bc_:it _ihc taiarse(WHIr_ bu \ tvl )_ ----- --
<br /> ti n 11` 10 , idc _tor the "
<br /> rcnto � til AHht r � ktmL hLiddimi on suhi � t. real ils, J i1 ' , old ; r �- u , it ��it_Icirn of buddinto �, uirh ._; c
<br /> utt , ichcd hereto
<br /> _ 1 _
<br /> : :L I. L , ; 13L , I 13111 01 5a c .
<br /> i 1 ' l � iZ . y X13 Si'- t - 1 - 1(: R :� C11Tl1 : A "1 ' l ' iIIS COV ' 1 IZAC " 1 ' IIAS Bl,'FN RF:. :'\ D
<br /> AN' D 1ADERSTOOD BY
<br /> is ri 7 iZlt ) iZ 1 ( ) .SIG '� ING IT .
<br /> 12 / 13 / 11
<br /> Jul i ( l ) atc ) er ) r) atc )
<br /> rrri y ( I ) at ) tHLIvCI ) U ,ue )
<br /> / "��• I� . ARl . l .A' D X111 ? I . til � SSI ) ( ' 1A I I . S . 11 ( . . Istru �� AdCnl
<br /> * ' ��'v>s APPROVED AS TO RM
<br /> a j * s AND LEGAL SUFFICI CY
<br /> v �� BY LACKWICH
<br /> �� . ALAN S . PO
<br /> TTORN EY
<br /> COUN?� �OsQ�r�° COUNTY A
<br /> YMNIIN MN YpY
<br />
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