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2017-107
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2017-107
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Last modified
11/9/2017 4:51:21 PM
Creation date
8/18/2017 9:24:53 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
08/15/2017
Control Number
2017-107
Agenda Item Number
8.L.
Entity Name
Lockwood Lane Acquisition Group (Development Group)
Subject
Right of Way Purchase
Area
27th Avenue and 17 Street SW
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• <br /> 7. Closing Costs; Expenses. County or its agent shall be responsible for preparation of <br /> all Closing documents. <br /> 7.1 County shall pay the following expenses at Closing: <br /> 7.1.1 The cost of recording the Warranty deed and any release, partial release or <br /> satisfaction obtained by Lockwood pursuant to this Agreement. <br /> 7.1.2 Documentary Stamps required to be affixed to the Warranty Deed, if any. <br /> 7.1.3 All costs and premiums for the owner's marketability title insurance commitment and <br /> policy, if any. <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 County 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 Lockwood and the County 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 County nor Lockwood 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"courierservice or facsimile <br /> transmission, as follows: <br /> If to Lockwood: If to County: <br /> Lockwood Lane Acquisition Group, LLC Indian River County <br /> Attention Walter T. Jerkins, Jr. 1801 27th Street <br /> Post Office Box 690997 Vero Beach, FL. 32960 <br /> Vero Beach, FL 32968 Attn: Public Works Director <br /> Either party may change the information above by giving written notice of such change as <br /> provided in this paragraph. <br /> 8.5 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 /> 4 <br />
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