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09/22/2015 (2)
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09/22/2015 (2)
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Last modified
11/24/2015 11:08:36 AM
Creation date
11/24/2015 11:08:01 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
09/22/2015
Meeting Body
Board of County Commissioners
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i <br /> I <br /> ` I <br /> i <br /> (e) The County and the Buyers shall each deliver to the other such other documents or <br /> instruments as may reasonably be required to close this transaction. <br /> 6.2 Taxes. All taxes and special assessments which are a lien upon the property on or <br /> prior to the Closing Date (except current taxes which are not yet due and payable) <br /> shall be paid by the County. <br /> 7. Closing Costs: Expenses. Buyers shall be responsible for preparation of all Closing <br /> documents. <br /> 7.1 Buyers shall pay the following expenses at Closing: <br /> 7.1.1 The cost of recording the warranty deed and any release or satisfaction <br /> obtained by County pursuant to this Agreement. <br /> 7.1.2 Documentary Stamps required to be affixed to the warranty deed. ' <br /> 7.1.3 All costs and premiums for the owner's marketability title insurance i <br /> commitment and policy, if any. i <br /> 7.1.4 Current taxes which are not yet due and payable <br /> i <br /> 7.2 County shall pay the following expenses at or prior to Closing: <br /> 7.2.1 All costs necessary to cure title defect(s) or encumbrances, other than the <br /> Permitted Exceptions, and to satisfy or release of record all existing mortgages, liens or <br /> encumbrances upon the Property. <br /> 8: Miscellaneous. <br /> 8.1 Controlling Law. This Agreement shall be construed and enforced in accordance <br /> with the laws of the State of Florida. Venue shall be in Indian River Buyers for all state <br /> court matters, and in the Southern District of Florida for all federal court matters. <br /> 8.2 Entire Agreement. This Agreement constitutes the entire agreement between the j <br /> parties with respect to this transaction and supersedes all prior agreements, written or <br /> oral, between the County and the Buyers relating to the subject matter hereof. Any <br /> modification or amendment to this Agreement shall be effective only if in writing and <br /> executed by each of the parties. <br /> i <br /> i <br /> 8_3 Assignment and Binding Effect Neither Buyers nor County may assign its rights <br /> and obligations under this Agreement without the prior written consent of the other party. <br /> The terms hereof shall be binding upon and shall inure to the benefit of the parties hereto <br /> and their successors and assigns. <br /> 39 <br />
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