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2022-232
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2022-232
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Last modified
2/13/2023 9:55:53 AM
Creation date
11/23/2022 2:02:52 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
11/08/2022
Control Number
2022-232
Agenda Item Number
12.G.2.
Entity Name
Old Dixie 4086 LLC
Subject
Agreement to Purchase and Sell Real Property 4086 Old Dixie Highway and 2185 41st Street
Warranty Deed and Closing Statement
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from the Properties. The Seller shall deliver possession of the Properties to County <br />vacant and in the same or better condition that existed at the Effective Date hereof. <br />8. Closing Costs; Expenses. County shall be responsible for preparation of all <br />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 obtained <br />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 commitment <br />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 Properties. <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 <br />oral, between the Seller and the County relating to the subject matter hereof. Any <br />modification or amendment to this Agreement shall be effective only if in writing and <br />executed by each of the parties. <br />9.3 Assignment and Binding Effect. Neither County nor Seller may assign its rights <br />and obligations under this Agreement without the prior written consent of the other <br />party. The terms hereof shall be binding upon and shall inure to the benefit of the <br />parties hereto and their successors and assigns. <br />9.4 Notices. Any notice shall be deemed duly served if personally served or if mailed <br />by certified mail, return receipt requested, or if sent via `overnight' courier service or <br />facsimile transmission, as follows: <br />If to Seller: Old Dixie 4086 LLC <br />c/o Jamie Conner <br />38 Holiday Pt Rd <br />Sherman, CT 06784 <br />4 <br />
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