Laserfiche WebLink
4W <br />111 <br />40 <br />L-1 <br />Anything herein to Oie contrary notwithstanding, Optionee agrees that <br />Optionor has riot waived its right to Snake application to the Optionee for amendment <br />to the Comprehensive Land Use Plan to delete the future extension of this road right- <br />of-way from the Thoroughfare Plan; and further, the Optionee agrees that in the <br />event of any such application being made by the Optionor, the existence of this <br />agreement shall not be used against it in arguing for the retention of an extension of <br />this road right-of-way, <br />Optionee agrees, and accepts this option with the understanding that it shall <br />be exercised only for the purpose of acquiring the property for the construction of <br />road right-of-way. <br />Optionor shall convey to Optionee good and marketable title to the property <br />herein described. Conveyance of title and transfer of possession to Optionee shall <br />be executed within not less than 180 days after exercise of the option. During such <br />period, title may be examined by Optionee by any method selected. Evidence of <br />good title conveyed may be by a standard forth title insurance policy issued by a <br />qualified title insurer, the cost of which shall be borne by the Optionee. Optionor <br />agrees to deliver the property in such condition that the vertical and horizontal <br />profile of the proposed right-of-way shall be compatible with the Florida Department <br />of Transportation Manual of Uniform_ Standards for the Design, Gonr kru ©n an <br />Maintenancp of Streets and H'ghways (DOT Green Book), as amended, and without <br />the presence of wetlands or other environmentally sensitive lands within the <br />alignment area. <br />Optionee agrees that Optionee's rights are wholly conditioned upon the <br />following. <br />Optionee having acquired sufficient right-of-way for what is now known. <br />as 74"' Avenue from State Road 60 to what is now known as 61'I Street; <br />AND <br />In all events, the option shall be exercised on or before the last day of <br />the option or extended option, as the case may be; and failing such <br />exercise, this option shall lapse, be void, and the Optionor shall be <br />released from arty further obligation hereunder. W <br />-�t <br />CSp97.::'1 To PuRCHmE,. P rm YHo7FArf•74II, Avn <br />Co <br />0-� <br />