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2019-001A
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Last modified
12/27/2019 11:57:03 AM
Creation date
6/12/2019 2:01:41 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Deed
Approved Date
01/08/2019
Control Number
2019-001A
Agenda Item Number
8.D.
Entity Name
Star Suites by Riverside Theatre
Subject
Warranty Deed
Area
Flight Safety Drive Parcel
Alternate Name
Right of Way and Access to Historic Dodgertown
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reference herein. <br />As part of this effort, the County will make a contribution of $5,250 to .Star <br />Suites, for asphalt costs, within fifteen (15) days of the effective date. All <br />other costs of this work will be the responsibility of, Star Suites. <br />7.2. Closing Costs; Expenses. County, or its agent, shall be: responsible for: <br />preparation of all Closing documents: County shallpay the following expenses at <br />Closing: <br />(a), The cost of recording the warranty deed and any releaseor <br />satisfaction obtained by Seller pursuant to this Agreement. <br />(b) Documentary Stamps required to be affixed to the warranty -deed. <br />(c) All costs and premiums for the owner's marketability title insurance <br />commitment and policy; if any. <br />8. Prorations. All taxes; and special assessments which are a lien upon the properties <br />on or prior to the Closing -Date (except current taxes which are not yet due and: payable) <br />shall be paid by Star Suites. If the Closing Date occurs during the time interval; <br />commencing on November 2 and ending on, December 31, Star Suites shall :pay all <br />current real estate taxes and special assessments -levied against the Property, prorated <br />based on the "due date" ,of such taxes established by the taxing authority having <br />jurisdiction over the Properties. If the. Closing Date occurs between January 1 and <br />November 1.-, Star Suitesshall, in accordance with Florida Statutes. Section 196.295, <br />deposit into :escrow with the Tax Collector,. an amount equal to .the, current real estate <br />taxes and assessments, prorated to the Closing Date. <br />9. Miscellaneous._ <br />9.1 Controlling Law. This Agreement shall be construed and enforced in <br />accordance with the laws of the State of Florida. Venue shall be. in Indian River <br />County for all state court matters,and in the Southern District of. Florida for all <br />federal court matters. <br />9.2 Conveyance. at Arm's Length. It: Is understood by the parties that this <br />contract is entered into by, Star. Suites as an Arm's Length -transaction,_without. the. <br />threat of condemnation or eminent domain. <br />9.3 Entire Agreement, This Agreement constitutes the entire agreement <br />between the parties with respect to this transaction and supersedes all prior <br />agreements, written or oral, between Star Suites and.the County relating to the <br />subject matter hereof. Any modification.or.amendment to this Agreement shall be <br />effective only if in writing and executed by each of the parties. <br />9.4 Assignment and Binding Effect. Neither County nor Star Suites may:assign <br />its rights and obligations under this Agreement without the prior written consent of <br />the other party. The terms hereof shall be binding upon and shall inure to :the <br />
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