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FE B 1 5'1985 BOOK 59 Fr u ($30.00 per acre per month from the date of execution of this contract to the date of notification by Indian River County that the County will no longer proceed with the project. 5. Closing Date. This contract shall be closed and the deed in possession shall be delivered on or before 30 days after the special conditions set forth in Paragraph 4 are fulfilled; unless extended by other provisions of this contract. 6. Prorations. Taxes, rents and other expenses and revenues of said property shall be prorated as of the date of closing. 7. Evidence of Title. Within fifteen (15) days from the date Indian River County announces its intent to proceed to close on this project, the Seller shall at its expense, deliver to Buyer in accordance with the provisions for title insurance in Standard A of Exhibit "A" attached hereto a title guaranty commitment. 8. Conveyance. Seller shall convey title to the aforesaid property to Buyer by warranty deed subject to matters contained in this contract and taxes for the year of closing. 9. Restrictions and Easements. The Buyer shall take title subject to: (a) zoning and/or restrictions and prohibitions imposed by governmental authority, (b) restrictions and matters appearing on the plat and/or common to the subdivision, and (c) public utility easements of record, provided said easements are located adjacent to the boundary lines of the property and are not more than ten (109 feet in width. 10. Assignability. This contract is not assignable. 11. Contract Recordable. The parties agree that this agreement may be recorded in the Public Records of Indian River County, Florida, at the expense of the recording party. IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed in their respective names, -2- _ M