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2022-087
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2022-087
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Last modified
6/13/2022 10:30:26 AM
Creation date
6/13/2022 10:29:35 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
05/10/2022
Control Number
2022-087
Agenda Item Number
13.B.
Entity Name
Cherry Lane Estates, Inc. of Vero Beach
Subject
Agreement to Purchase and Sell Real Estate 0.226 acres of land
5825 33rd Street for future right-of-way
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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 Permitted <br />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 oral, <br />between the Seller and the County relating to the subject matter hereof. Any modification <br />or amendment to this Agreement shall be effective only if in writing and executed by each <br />of the parties. <br />9.3 Assignment and BindingEffect. 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 />9.4 Notices. Any notice shall be deemed duly served if personally served or if mailed by <br />certified mail, return receipt requested, or if sent via "overnight" courier service or facsimile <br />transmission, as follows: <br />If to Seller: Cherry Lane Estates, Inc. of Vero Beach <br />5855 33`d Street <br />Vero Beach, FL 32966 <br />If to County: Indian River County <br />1801 27th Street <br />4 <br />
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