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5/1/1985
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5/1/1985
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7/23/2015 11:51:13 AM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
05/01/1985
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_I <br />MAY 11985 <br />BOOK 60 PACE 0 <br />3. In the event Developer fails to begin repair of the <br />defective required improvements within the 20 days as specified <br />above, or to complete such repairs within a reasonable time <br />thereafter, the County shall have the right to make such needed <br />repairs and Developer shall be liable to the County for the actual <br />cost expended by the County for such repairs and any cost incident <br />to the collection of such sums, including but not limited to, <br />reasonable attorney's fees and costs of litigation, including any <br />appeals; and <br />4. Provides herewith, or has provided heretofore in a <br />manner satisfactory to the County, a surety instrument to guaranty <br />Developer's performance of this maintenance agreement, being <br />either a Performance Bond, cash escrow deposit, or irrevocable <br />letter of credit. In the event Developer has not undertaken the <br />repairs contemplated by this Agreement following a request by the <br />County, the proceeds of any such surety instrument -may be drawn <br />upon by the County to the final total cost of Developer's <br />obligations hereunder, not to exceed however, the applicable <br />limits of a given surety instrument. <br />5. Grant and convey unto Indian River County all its - <br />right, title and interest in and to all such improvements, other <br />than land dedicated by plat or separate easement, which lies <br />within the areas dedicated to the County, and Developer hereby <br />warrants to the County that it has free and unencumbered title <br />thereto, that all persons or entities which have supplied labor or <br />materials with respect to -such improvements have been paid in <br />full, that none of them has any claim whatsoever with respect <br />thereto, and that that Developer shall hereafter forever warrant <br />and defend the County's title thereto. <br />IN WITNESS WHEREOF Deve oper ha"ereunto set its hand <br />and seal this day of <br />Wintergrove Properties of Indian River,Inc. <br />DEVELOPER, A Corporation of the <br />State of Florida , or <br />(O e — Sp c fy <br />By: President <br />am Title <br />Attest: lam,' 11 L <br />Name Title <br />(PLACE CORPORATE SEAL) <br />if Applicable <br />STATE OF FLORIDA <br />COUNTY OF INDIAN RIVER <br />The for oing instrument was acknowledged before me this <br />le day of ? , 19f, by (Name) Joe Lewis <br />(Title) president and (Name) same <br />(Title) , of r,J e,✓`r�.►- <br />a Corporation Partnership (Other)Corrorati6n ; —'- <br />under the laws of the State of _ Flori , on behalf of the <br />Developer entity. <br />4Myom i ion Expires:; <br />Notary Public. State of FkMe at l -rept :.,• ' . <br />8 My Commission Expires Jan, 21.14;21 <br />Bonded By American Fre & Casualty Cwmy <br />
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