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2019-049
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2019-049
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Last modified
9/11/2020 2:06:43 PM
Creation date
3/27/2019 10:27:29 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
03/26/2019
Control Number
2019-049
Agenda Item Number
12.G.1.
Entity Name
Premier Citrus LLC
Subject
Acquisition of Three Parcels
Warranty Deed
Area
Indian Springs; Seminole Acres; Ranch Road 82nd Ave 4th St 90th Ave and 1st St
Alternate Name
Water Retention, Storage and/or nutrient treatment
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(b) The Seller shall have removed all of its personal property and equipment from the <br />Property and Seller shall deliver possession of the Property to County vacant and in the <br />same or better condition that existed at the Effective Date hereof. <br />(c) If Seller is obligated to,discharge any encumbrances at or prior to Closing and fails <br />to do so, County may use a portion of Purchase Price funds to satisfy the encumbrances. <br />(d) If the Seller is a non-resident alien or foreign entity, Seller shall deliver to the County <br />an affidavit, in a form acceptable to the County, certifying that the Seller and any interest <br />holders are not subject to tax under the Foreign Investment and Real Property Tax Act of <br />1980. <br />(e) The Seller and the County shall each deliver to the other such other documents or <br />instruments as may reasonably be required to Close this transaction. <br />7.2 Taxes. All taxes and special assessments which are a lien upon the property on or <br />prior to the Closing Date (except current taxes which are not yet due and payable) shall be <br />paid by the Seller. <br />8. Closing Costs; Expenses. County or its Agent, shall be responsible for preparation <br />of all Closing 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 <br />obtained by 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 <br />commitment and 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 />8.2.2 Pro -rated property taxes, if any. <br />8.2.3 Two Percent (2%) Commission on the sales price, payable to Grow Florida <br />Land, LLC. <br />9. Miscellaneous <br />-4- <br />
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