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Original <br /> agree to sell <br /> I to the County, and the County hereby--agrees to purchase from Sellers, upon <br /> the terms and conditions set forth in this Agreement that-certain.parcel of real property <br /> located:east of the cofneT-of-66th Avenueand 9th Street SW,Vero Beach, Florida andmore <br /> specifically described :in the sketch and legal description attached as Exhibit "A", fee <br /> simple-, containing approximately 55,508 square feet, all improvements thereon,.to.gether <br /> with all* easements., rights and uses now,or hereafter belonging thereto (the "ROW <br /> Ptoperty',).. <br /> 3. Purchase PNG.e, Effegfive.Dato. The purchase price("Purchase Price")forthe ROW <br /> Property shall be$38,800.52(Thirty-Eight Thousand Three Hundred and 52/100 Dollars), <br /> The Purchase Price shall be paid on the Closing Date. Th'e Effective Date of this <br /> Agreomentshall bethe date upon which the County shall have approved the execution of <br /> this Agreement; <br /> ntj either by approval by the Indian River County Board of County <br /> Commissioners ata formal"meeting of such Board or by the CountyAdministrator pursuant <br /> to hi's delegated authority. <br /> .4. Title. Sellers shall convey marketablej'i*tie to-the Property by warranty deed flee of <br /> -claims��ieh­s-.'bage'-ments-and'encumbrances,of record or known to Seller; but subject to <br /> propbity taxes for the year of -and--covenants, restrictions and public utility <br /> easements of record provided (a) there <br /> heh�.-6kis�it at Closing, -no Viblatior of 'any of the <br /> f6regoin-g;­and:.'(b),-none of tihe-.foregoing prevents:County's--oupty.'.p intended use and development <br /> ofthe Property ("Permitted Exceptions"). <br /> 441 County may order an Ownership and Encumbrance :Report or.Title Insurance <br /> Commitment with respect to the Property. -County-shall within fifteen (15) days following <br /> 'the Effective.-Date-of this.Agre,6ment deliver written notice to Sellers of title defects. Title <br /> shall be deem* od-acceptable to County if, (a)County fails to-deliver:notice of defects within <br /> the time specified, or(b) Co.unty delivers notice and Sellers cum the-defects within thirty <br /> (30) days from receipt-of notice from County of title defects ("Curative Period").. Sellers <br /> shall use fts. best efforts to 'cute the -defects-within the Curative Period and if the title <br /> defectsare not cured within the Curative Period, Count . 0) <br /> County shall.have thirty.(30) days <br /> the end of the Curative .Perip. 0 to-elect, by. Wflft6h.notice to.Seller; to; terminate.this <br /> Agfeeffierit,.-wheFreupon 'be of ho-furtherforce-and effect, or-(ii) extend the:Curative <br /> - <br /> P&ibd'for--_up10 an-additib'ff6l 9.0 days., or ):accept title:subjec eki�o existing'defects and <br /> proceed to closing. <br /> 5.. Representations.of the Sellers. <br /> 5.1 Sellers,-Pre,inide%asibly seized-oftmark6table,:fee-sir bol'e-btl'e-to the Property,and is <br /> the sole owner of and has -good right, title.,. and authority-to convey and transfer" the <br /> Property Which is the subject matter of this Agreement, free and clear of III liens and <br /> encumbrances.. <br /> -4.2 From and-after the Effective Date of this Agreement, Sellers shall.take no action <br /> whidh-w6uld impair or otherwise aftct7titlie t&any*pOttioh of:the Property, and shall record- <br /> 2 <br /> 21 <br />