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Closing Statement Addendum
<br />Seller: Balquees, L.L.C., a Florida limited liability company
<br />Buyer: Indian River County, a political subdivision of the State of Florida and Indian River County, a
<br />political subdivision of the State of Florida
<br />Property: 4710 45th ST, Vero Beach, FL 32967
<br />Closing Agent: Charles E. Garris, P.A.
<br />Closing Date: February 20, 2020
<br />File Number: Balquees9072.1
<br />TAX RE -PRORATION AGREEMENT: If the most recent property tax bill issued does not cover through the closing date,
<br />then the tax prorations set forth on the settlement statement are based upon an estimate. The basis of proration as set forth on
<br />the settlement statement is hereby accepted by the parties to this transaction. It is hereby understood and agreed that the
<br />actual taxes, if different, will be adjusted between the parties upon demand. Closing Agent is not liable or responsible for
<br />adjustment or re -proration of taxes. Closing Agent is not responsible or liable for additional taxes, other charges or tax
<br />refunds, if any, and shall not be liable should any of the parties to this transaction fail or refuse to re -prorate the taxes.
<br />AGREEMENT TO COOPERATE: If requested by Lender (if any), Closing Agent, Title Agent or Title Underwriter, the
<br />parties agree to fully cooperate and adjust for clerical errors, including the execution or re-execution of any reasonable
<br />documentation and/or the remittance of any additional sums.
<br />said asseeiatien(s). Said assesiatien(s) may also have the authority tO FegHWO and enfer-ee eemnv&-Aty eeyenams and
<br />MISCELLANEOUS: Closing Agent does not make any representations or warranties nor assumes any liability with respect
<br />to the physical condition of the property, or any repairs to the property. Buyer has been advised and encouraged to secure
<br />hazard insurance coverage prior to completion of closing. If a survey was prepared for the subject transaction, then the Buyer
<br />hereby acknowledges receipt of a copy thereof. The buyer has reviewed said survey and accepts title subject to the matters set
<br />forth thereon. Buyer has received and reviewed the proposed deed and is satisfied with and approves the manner which title
<br />is being held.
<br />DISBURSEMENT AUTHORIZATION, ETC.: Closing Agent does not adjust or assume liability for charges for water,
<br />rents, gas, electricity, taxes on personal property, garbage taxes or fees, license fees or taxes, service/maintenance contracts
<br />(pest control, appliance maintenance, pool care, lawn care, alarm systems, etc.), association assessments or dues, or estoppel
<br />information furnished by mortgagees or others. The settlement statement has been reviewed and approved and Closing Agent
<br />is irrevocably authorized and directed to complete the closing of the transaction and make disbursement in accordance
<br />therewith. In the event of mortgage assumption, if Seller has received a credit for the escrow account balance, then Seller
<br />hereby assigns all right, title and interest in said account to Buyer. Seller, Buyer, and Borrower are used for singular or
<br />plural, as the context so requires or admits. This Agreement is being provided as an inducement for Closing Agent to serve as
<br />the closing agent and for Title Agent and Title Underwriter to issue title insurance on the subject transaction.
<br />Buyer:
<br />Seller:
<br />Indian River County, a political bdiv' ion of a State of
<br />Florid
<br />..—, 4<'.
<br />By:
<br />William K. DeBrAal, Deputy County Attorney
<br />Balqueeeess,�, L.L-�.C., a Florida limited liability company
<br />By: 1
<br />Omar D. Hussamy, Manager
<br />DoubleTime®
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