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Fqw owrru s -wrs n 'a M+ F"As Cara a ryq rs" ! A a sw ►y r a Acquiring.Agen-114 lAschoe 1%,c. and Local Gen einmcnl A Purchase Prize by P u•chawl. upon conlumnatron tlrat the Total Purchase Prize ix no. in eucas of the frnat maximum approved purchase price of the Property As determined 'tot ac.ardanzc Stith Rude 96=6.{!(17. Florida Administrative Code ("Maxinmm ,kplim,etl birch= Price" t. and upon othci conditicm%+tared to tliia .agreement_ including but tout limited to that stated in paragraph 30 hereof. This Agreerent is also contingent upon Local Gmcmment's fiunds for Closing being available at closing and upon Local Government giving written novice to Acquiring Agency, prior to the CNmisc of lite option. Thal these f=15 are wi-Alable to etosc in accordance Will, thin :Agreement. ff such notification is not accomplished. Acquiring Agency Irtay in its so It: d13cTel ion deelat a this AgteerllCnl void and of it c, further tome and clf"r as ofilxmt date. Lmal iummi ttent's funds arc the sole responsibility of Local Gm oecment. Seller shall have no recourse whatsoever. at lawor equity, against Acquiring AgcnCy or the Property as a result of any master arising at any fine wliethor before or after fee simple title is conveyed to Local fjotemmont, relating to Loral Gover ment's funds, ,acquiring Agency .shall have no obligation under this Agreement to protide arty portion Of Local Government's funds, A:.quirimg Agency's funds necessary to close are [lie sole responsibility of Aeq uiring Agency. Seller shall ha•'C rlo Mcotrse %%hatsoncr, at lain or equity, against Local Goveinmcnt nr theProperty as a result ofany matter arising at any time, tyhether before or after fee simple title is comcycd to Local 131MV ttmett, relating to Aequitutg Agency's funds. Laval Govetrttttcnt shall have no obligation under this Agreement to provide any portion of Acquiring Agency's funds• Should Local Government's funds or Acquiring Agency's funds not be available for any reason. Purchaser or Seller neat• elect to terminate this Agreement by written notice to the parties without liability to any party, Acquiring Agency and Local Govcmment agree that the Local Government shall take fee simple title to all of the Property at the closing notwithstanding that :acquiring Agency and Local Government arc required to pay all of the Total Punch"o Price in the manner set forth in this ,-'agreement. Con, eyance of the Property in fee simplermt & Sailer to Local Government will take place at the closing, in eschangc for the payments to be made by Acquiring Agency and Local t'.sovemment to Seller at closing as set forth above in tliis paragraph 1, A. 3`$' lf° prior to closing, Acquiring Agcncy determines that the Total Purchase Price stated in paragraph 3.:1, exceeds the final Maximum Approval Purchase Price of the Property, the Total Purchase Price mti11 be reduced to the ficial :wiasimum Approved Pureliase Price of the Property-. Upon determination of the final adjusted Total Purchase Price. Acquiring Agency's Purchas: Ptiec and L"a troyrrnmenl's Purchase Price %)J 11 be determined and adju;tcd in accordance Stith paragraph 3.A. If the final adjusted Total Purchase Price is less than 1000 of the Total Purchase Price stated in paragraph 3.A. becatie ofa reduction in the Maximum Approved Purchase Price of the Property. Sellar shall, in his sole discretion. have the right to terminate this Agreement and neither party shall hate any fwther obligations under this Agreement. If Seiler elects to terminate this agreement, Seller shall protide tsritten notice to Acquiring Agency and I =] ti;`melrnnen. ot'his election to terminate this Agreement within 10 days after Sellers receipt of written notice from Acquiring Agency of the final adjusted Total Purchase Price. In the event Seller fails to git'e Acquiring Agency and Local Got-crnntent a written notice of termination within the aforesaid time period from receipt of Acquiring Agency's vwittcn notice. then Scller shall be deemed to hayettahW anyr ght to terminate chis Agreement based upon a reduction in the Total Purchase Price stated in paragraph 3.A. t.: ,\ 1 N . %. "s . Local Government shall, ttirhin 45 days prior to the closing, conduct an M ironntental site asscsstn-nt of the Property which meets the standard of practice of the .4nmcricdn Society of Tixting,\latcrials ("AST ,r'). Purchaser shall use the services of compctertl, prof nsional consultants with expertise itt the environmental site assessing process to determine the existence and extent. if any. of Hazardous Mated ais on the Property. The examination of hazardous materials zantamination shall Fabrueary Z!, lr,a, 95-034-P56 '_