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the transaction contemplated hereunder. (ii) Seller is not a party to any pending suit or action by any third party or governmental body, including administrative proceedings; there are no judgments, decrees, rulings, writs, orders, injunctions or other judicial, administrative or arbitration mandates outstanding against Seller;and Seller has no notice of any alleged city,state,federal,building,zoning, fire or health codes, regulations or ordinance violations filed or issued with regard to the Property;and (iii) Seller will deliver to Buyer,at the Closing Date,good and marketable title to the Property, free and clear of all encumbrances except real property taxes for the current year not yet due and payable,existing zoning,land use and governmental regulations. (iv) Seller owns all oil, gas, and mineral rights and interests appurtenant to the Property, and there has been no severance of the surface/subsurface estate or title to the Property;and (v) The Property is not subject to any claimed or threatened violations of environmental laws, statutes or regulations and Seller has received no notice of the same from any governmental agency;and (vi) There are no special assessments, condemnation or eminent domain proceedings pending or threatened with regard to the Property;and (vii) Seller has received no notice of any default or breach by Seller of any covenants, conditions,restrictions,or easements affecting the Property,or any portion thereof;and (viii) At the time of closing the Property shall have full, free and uninterrupted access to and from all streets and rights of way adjacent to the Property,and Seller has no knowledge of any fact or condition which would result in the termination or impairment of such access. 3. GOVERNING LAW/JURISDICTION: This Contract shall be interpreted pursuant to provisions of the laws of the State of Florida. In the event of any litigation arising out of this Contract,Seller and Buyer stipulate and agree that jurisdiction and venue for the same shall lie in Indian River County,Florida. 4. SURVIVAL OF REPRESENTATIONS AND TERMS: A. The representations and warranties of Seller shall be true and correct on and as of the Closing Date with the same force and effect as if such representations and warranties had been made on and as of the Closing Date. Seller,by having closed the sale of the Property,shall be deemed conclusively to have certified at closing that all representations and warranties were true and correct on and as of the Closing Date, and such representations and warranties shall survive the closing of the transaction contemplated by the Contract and the Closing Date for a period of one(1)year. B. In the event any term,provision,or condition set forth herein or in the Contract requires the action or performance by Seller or by Buyer after the Closing Date or the forbearance of an action or performance by Seller or by Buyer after the Closing Date,then such action or performance or the forbearance of the same shall survive the Closing Date and the dosing of the transaction contemplated by the Contract and this Addendum. 5. ENTIRE AGREEMENT: Except as specifically stated herein,the Contract and this Addendum constitute the entire agreement between the parties and supersedes all agreements, representations, warranties, statements, promises and understandings not specifically set forth in this Contract or in the certificates or documents delivered in connection herewith.Neither party has in any way relied,nor shall in any way rely upon any oral or written 2