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RHEIVED <br /> CDBG ABSTRACTOR SERVICES AGREEMENT NOV 1 ' 2003 <br /> STATE OF FLORIDA CLERK TO THE BOARD <br /> COUNTY OF INDIAN RIVER O 9 ` / 7, ' <br /> TIJIS AGREEMENT, made and entered into this I�C/ day of <br /> �Cfa Pr , 2003 , by and between the INDIAN RIVER COUNTY, <br /> party of the first part, herein referred to as the "County" , and ATLANTIC COASTAL <br /> TITLE , INC . , party of the second part, herein referred to as the "Abstractor" . <br /> Whereas , the County has received a Community Development Block Grant <br /> (CDBG) from the United State Department of Housing and Urban Development to <br /> perform housing rehabilitation in the Gifford area in Indian River County, Florida ; and <br /> Whereas , the County solicited proposals for abstractors to perform title work <br /> associated with the CDBG program ; and <br /> Whereas , Atlantic Coastal Title , Inc . , was selected as the Abstractor ; <br /> Now, therefore , the County enters into an Agreement with the Abstractor to <br /> provide Ownership and Encumbrance Searches for the Indian River County <br /> SHIP/Community Development Block Grant Program . The following are the terms of the <br /> contract : <br /> 1 . Abstractor will perform ownership and encumbrance searches and will provide <br /> documentation thereto at a cost of $ 150 . 00 per parcel . <br /> 2 . Abstractor will provide a description of search method (tract book, <br /> grantor/grantee index , computer index, etc . ) <br /> 3 . Abstractor will provide a description of how search located a wild deed or <br /> instrument not appearing in chain of title , if applicable . <br /> 4 . Abstractor will provide proof of errors and omissions liability insurance up to the <br /> statutory limit, and proof of commercial general liability insurance (up to <br /> $200 , 000) . <br /> 5 . Abstractor will provide items 1 through 3 with a turn around time, from date of <br /> request to date of delivery, of less than fifteen ( 15 ) working days . <br /> IN TESTIMONY WHEREOF , Indian River County has caused this document to <br /> be executed by its Community Development Director, all by authority duly given, <br /> and the party of the second part has hereunto set his hand, this day and year first <br /> written. <br /> p ®r <br /> :jtI is Coastal Title, Inc . Coobert M . Keating, AI P <br /> ase,•, A • Community Developmentirector <br /> /'✓lana a r' Indian River County <br />