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2015-181
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2015-181
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Last modified
3/30/2017 4:44:24 PM
Creation date
10/8/2015 1:36:35 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/22/2015
Control Number
2015-181
Agenda Item Number
8.G
Entity Name
Bamaric of Vero Beach
Subject
Agreement to Purchase and Sell
Area
2605 53rd Ave.
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11 <br />(e) The County and the Buyers shall each deliver to the other such other documents or <br />instruments as may reasonably be required to close this transaction. <br />6.2 Taxes All taxes and special assessments which are a lien upon the property on or <br />prior fo the Closing Date (except current taxes which are not yet due and payable) <br />shall be paid by the County. <br />7. Closing Costs; Expenses. Buyers shall be responsible for preparation of all Closing <br />documents <br />7.1 Buyers shall pay the following expenses at Closing: <br />7.1.1 The cost of recording the warranty deed ,and any release or satisfaction <br />obtained by County pursuant to this Agreement. 1� <br />7.1 2 Documentary Stamps required to be affixed to the warranty deed. <br />7.1.3 All costs and premiums for the owner's marketability title insurance <br />commitment and policy, if any. <br />7 1.4 Current taxes which are not yet due and payable I' <br />7.2 County shall pay the following expenses at or prior to Closing: <br />7.2.1 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 Property. <br />8. Miscellaneous. <br />8 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 Buyers for all state <br />court matters, and in the Southern District of Florida for all federal court matters. <br />8.2 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 County and the Buyers 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 />8 3 Assignment and Binding Effect. Neither Buyers nor County may assign its rights <br />and obligations under this Agreement without the prior written consent of the other party. <br />The terms hereof shall be binding upon and shall inure to the benefit of the parties hereto <br />and their successors and assigns. <br />
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