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DocuSign Envelope ID• F55D53B1-DD62-4BE2-ACAA-B75FA841FA3B <br />ORIGINAL <br />8.5 Notices. Any notice shall be deemed duly served if personally served or if mailed by <br />certified mail, return receipt requested, or if sent via "overnight" courier service or facsimile <br />transmission, as follows: <br />If to Seller: <br />If to County: <br />Ventures Trust 2013 -I -H -R By its trustee <br />MCM Capital Partners, LLC <br />7500 Old Georgetown Road — Ste 1300 <br />Bethesda, Maryland 20814 <br />Indian River County <br />1801 27th Street <br />Vero Beach, FL. 32960 <br />Attn: Land Acquisition/Monique Filipiak <br />Either party may change the information above by giving written notice of such change as <br />provided in this paragraph. <br />8.6 Survival and Benefit. Except as otherwise expressly provided herein, each <br />agreement, representation or warranty made in this Agreement by or on behalf of either <br />party, or in any instruments delivered pursuant hereto or in connection herewith, shall <br />survive the Closing Date and the consummation of the transaction provided for herein. <br />The covenants, agreements and undertakings of each of the parties hereto are made <br />solely for the benefit of, and may be relied on only by the other partyhereto, its successors <br />and assigns, and are not made for the benefit of, nor may they be relied upon, by any other <br />person whatsoever. <br />8.7 Attorney's Fees and Costs. In any claim or controversy arising out of or relating to <br />this Agreement, each party shall bear its own attorney's fees, costs, and expenses. <br />8.8. Counterparts. This Agreement may be executed in two or more counterparts, each <br />one of which shall constitute an original. <br />8.9. County Approval Required: This Agreement is subject to approval by the Indian <br />River County as set forth in paragraph 2. <br />8.10 Beneficial Interest Disclosure: In the event Seller is a partnership, limited <br />partnership, corporation, trust, or any form of representative capacity whatsoever for <br />others, Seller shall provide a fully completed, executed, and sworn beneficial interest <br />disclosure statement in the form attached to this Agreement as an exhibit that complies <br />with all of the provisions of Florida Statutes Section 286.23 prior to approval of this <br />Agreement by the County. However, pursuant to Florida Statutes Section 286.23 (3) (a), <br />the beneficial interest in any entity registered with the Federal Securities and Exchange <br />Commission, or registered pursuant to Chapter 517, Florida Statutes, whose interest is for <br />sale to the general public, is exempt from disclosure; and where the Seller is a non-public <br />entity, that Seller is not required to disclose persons or entities holding less than five (5%) <br />percent of the beneficial interest in Seller. <br />F•\Engineering\Moniquc Filipiak\Ventures Trust\IRC Purchase Contract Ventures Trust 08.01.16.doc <br />