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2018-017 (2)
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2018-017 (2)
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Last modified
6/15/2018 12:41:14 PM
Creation date
6/15/2018 12:41:13 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
06/12/2018
Control Number
2018-017
Agenda Item Number
8.B.
Entity Name
Rust, Gary M. & Linda M.
Subject
Right-of-Way acquisition for 66th Avenue Widening Project
Area
66th Avenue between 49th Street and 81st Street
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8. Closing Costs; Expenses. County shall be responsible for preparation of all Closing <br /> documents. <br /> 8.1 County shall pay the following expenses at Closing: <br /> 8.1.1 The cost of recording the warranty deed and any release or satisfaction obtained by <br /> Seller pursuant to this Agreement. <br /> 8.1.2 Documentary Stamps required to be affixed to the warranty deed. <br /> 8.1.3 All costs and premiums for the owner's marketability title insurance commitment and <br /> policy, if any. <br /> 8.2 Seller shall pay the following expenses at or prior to Closing: <br /> 8.2.1 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 /> 9. Miscellaneous. <br /> 9.1 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 /> 9.2 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 Seller 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 /> 9.3 Assignment and Binding Effect. Neither County nor Seller may assign its rights and <br /> obligations under this Agreement without the prior written consent of the other party. The <br /> terms hereof shall be binding upon and shall inure to the benefit of the parties hereto and <br /> their successors and assigns. <br /> 4 <br />
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