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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 <br /> commitment and policy, if any. <br /> 7.1.4 Current taxes which are not yet due and payable <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 <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 /> 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 /> 8.4 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: ,�y� <br /> If to Buyers: buyer's full name: ar/son �c..+ LZC iV'c-1c.e/ Pe-ters <br /> Address: 2 c, 3 Sc.hrrse 1 Ia. <br /> City, State, Zip: ,E1.rc0 FL 3yg50 <br />