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09/04/2018 (2)
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09/04/2018 (2)
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1/19/2021 3:36:52 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
09/04/2018
Meeting Body
Board of County Commissioners
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determining or quantifying the amount. Reasonable costs to which the prevailing party is <br />entitled shall include costs which are taxable under any applicable statute, rule, or guideline. <br />21. DEFAULT. If this Agreement is not otherwise terminated pursuant to the terms <br />hereof, and should Buyer fail to close under this Agreement within. the time specified, the <br />Deposit paid by the Buyer aforesaid, together with interest thereon, if any, shall be paid by the <br />Escrow Agent to and retained by Seller as liquidated damages, consideration for the execution <br />of this Agreement, and in full settlement of any claims, and Buyer shall be obligated to return <br />all documents to Seller; whereupon all parties shall be relieved of all obligations under the <br />Agreement. Should the Seller default or breach any obligation hereunder, the Buyer's sole <br />remedy, shall be either to seek specific performance of this Agreement, or elect to receive the <br />return of its deposit from the Escrow Agent, together with all interest thereon, if any, in which <br />event the Agreement shall be terminated upon Buyer's receipt of the deposit and the interest, if <br />any, and thereupon, neither party shall have any further rights hereunder or obligations to each <br />other. In no event shall Seller be liable to Buyer for damages of any kind. <br />22. AGREEMENT NOT RECORDABLE PERSONS BOUND AND NOTICE. Neither this <br />Agreement nor any notice thereof shall be recorded in any public records. However, Buyer <br />recognizes that this Agreement shall be part of the Public Records of the Seller in its capacity as <br />a municipality and thereby subject to inspection and copying. This Agreement shall bind and <br />inure to the benefit of the parties hereto and their successors in interest. Whenever the <br />context permits, singular shall include plural and one gender shall include all. Notice given by or <br />to the attorney for either party shall be as effective as if given by or to said party. <br />23. SOLE AND ENTIRE AGREEMENT. This Agreement supersedes all prior discussions <br />and agreements between the parties in respect to the conveyance of the Property and constitutes <br />the sole and entire Agreement between Seller and Buyer in respect thereto. <br />24. MODIFICATIONS.. No alteration, amendment, change, or addition to this Agreement <br />shall be binding upon either party hereto unless and until reduced to writing and signed by both <br />parties. <br />25. ASSIGNMENT. This Agreement may not be assigned by either party without the written <br />consent of the other party and any attempt to assign this Agreement or any interest or right <br />hereunder without such written consent shall be deemed void and without any effect. Any <br />permitted assignee shall take such assignment subject to all terms and conditions referenced <br />herein, including, but not limited to, the AS -IS provisions of this Agreement. <br />26. INTERPRETATION. For all purposes of this Agreement, except as otherwise expressly <br />provided, or unless the context otherwise requires: <br />(a) This Agreement and all questions of interpretation, construction, and enforcement, and <br />all controversies arising hereunder, shall be governed by and adjudicated in accordance with the <br />internal laws of the State of Florida. Venue shall be in Indian River County, Florida. <br />(b) The captions, headings, and section numbers appearing in this Agreement are inserted as <br />a convenience only and in no way define, limit, construe, or describe the scope or intent of <br />such sections nor shall in any way effect the interpretation hereof. <br />Page 8 of 15 <br />Buyer's Initials Seller's Iniy�ls <br />
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