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1999-113
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Last modified
7/31/2023 3:33:20 PM
Creation date
7/31/2023 3:32:04 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/27/1999
Control Number
1999-113
Subject
Option Agreement for Sale & Purchase/Blue Goose/Daniel I. Preuss, Trustee
Barbara B. Lynch, Trustee & Wayne C. Sommers, & Florida Communities Trust & IRC
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?w ow�%J qrw!i0'e Dr PIN" rat M13" "rpt a92 rJ nor fir-•fX <br />reprmotations and tmderetandinga of the partiv. No supplammL modificatson cr amendment to lht:+ <br />Agreement shall be binding unless exnuted in uTiting by the parties. <br />25. WAA Failure OfPun:hascrtn Scticrrn irtsim ulion strict perforrnance of am co%cmant ar condition <br />of this Aplrccmcnt. or to exercise aux• right herein contained, shall not be construed as a svaiver or <br />+♦ mtin,lubhrnent for the fulury ofany such covenant. eandition or right. but the lama +hall retruin in full force <br />and effect. <br />26. ANXIP D\IEM. No modif::atiom amendment or alteration hereto, shat be elketive or bindinu <br />upon any of the parties hereto until it has been ctecuted by alt of the parties herein. <br />27. ADr INDUM Any addendum attachai hereto that is:signed by the parties shall be deemed a part <br />of this Agmemem <br />28. NQUM. Whoever either party desires or is required to give notice unto the other. it must be given <br />by written notice, and either delivered pretwonally nr mailed to the appropriate adds: -ss indicated an the fir<t <br />page o€this .gmemcm. or such other address as is designated in writing by a part) to this Agreement, <br />29. SURNIVAt . The covenants, %varrantics, representations, indentrtitics and undertakings of Seller set <br />forth in this Agimnetu shall smive the dosing, the dcihM- and retarding of the deed described in paragraph <br />8. of this .agreement and Local Govemment's possession of the Property. <br />THIS AGREEMENT IS iAItTIALLY 'TRANS\i1TTED TO THE SELLER AS AN OFFER. IF THIS <br />AGREE.\�'vTIS NOT E3MCLTTED BY THE SELLER ON OR BEFORE APRIL ?4. 1999. TMs OFFER <br />WILL BE VOID UNIESS THE PURCHASER. AT ITS SOLE OPTION. ELECTS TO ACCEPT THIS <br />OFFER, SELLER UNDERSTANDS ANT) AGREES THAT THIS OPTION AGREEMENT SHALL 13E <br />FULLY BDJ1MxG LTaN IT AS OF THE: ITME OF EM\ CU TION BY SELLER. FOLLMVED L4" ln- A <br />REASONABLE TAME IHEREAFTER (NO \TORE THAN 90 DAYS) BY EXECUTION BY INT)IA.N <br />RIVER COUNTY. THE EXERCISE OF Ti -IIS OPTION IS SLBJECT TO: (1) -APPROV-AL OF THIS <br />AGREEMENT, TOTAL PURCHASE PRICE.,kCQLUWG.aGE\'icVs PL"RCH.aSE PRICE, ANT) LOC:'iL <br />GOVERNMEN7T'S PURCHASE PRICE BY PURCHASER. (2) ACQUIRM AGE CV9 GoVER'xr i <br />BODY GRANq GPROJECTPL&XAPPR.0 VAL rN ACCORDANCE MM RULE 9K-4.t?l 1, FLORIDA <br />AD-VOMSIRATTI•E CODE, (3) CONFIRXIATION THATTHE TU'I'AI. PURCHASE PRICE IS \-OT IN <br />EXCESS OF THE MAL MAX NfU.k4 APPROVED PURCHASE PRICE OF THE PROPERTY. AND (a ) <br />LOCAL GOVERNMENT AN7D ACQLTMG AGEh CY APPROVAL OF ALL DOCUMENTS TO 13E <br />FURMSHED HEREUNT7ER BY SELLER THE ACQLTRII'G AGENCY'S PERFOR_' M -NCE_ AND <br />OBLIGATION TO PAY UNDER THIS co\,7RACT IS C()N—M'(3ENT LT'ON AN <br />AN^ti1r.�L <br />APPROPRIATION BY TEIE LEGISLATURE. <br />ITIS IS TO BE A LEGALLY 81'XDING CONTRACT, IF NOT FULLY" UNDERSTOOD. SEEK THE <br />ADVICE OF AX ATTORNEY" PRIr)R TO SIGiVIN'G. <br />4,30 <br />X3 �%rG <br />,..e 1G,4 fie l '' 11-e I?l <br />
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