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instruments delivered pursuant hereto or in connection herewith, shall survive the Closing Date and the consummation of the transaction provided for herein. The covenants , agreements and undertakings of each of the parties hereto are made solely for the benefit of, and may be relied on only by the other parry hereto, its successors and assigns , and are not made for the benefit of, nor may they be relied upon, by any other person whatsoever. 8 . 7 Attorney' s Fees and Costs . In any claim or controversy arising out of or relating to this Agreement, each party shall bear its own attorney' s fees, costs and expenses . 8 . 8 . Counterparts . This Agreement may be executed in two or more counterparts, each one of which shall constitute an original . 8 . 9 . CountyApproval Required : This Agreement is subject to approval by the Indian River County as set forth in paragraph 2 . 8 . 10 Beneficial Interest Disclosure : In the event Seller is a partnership , limited partnership, corporation, trust, or any form of representative capacity whatsoever for others, Seller shall provide a fully completed, executed, and sworn beneficial interest disclosure statement in the form attached to this Agreement as an exhibit that complies with all of the provisions of Florida Statutes Section 286 .23 prior to approval of this Agreement by the County. However, pursuant to Florida Statutes Section 286 . 23 (3 )(a) , the beneficial interest in any entity registered with the Federal Securities and Exchange Commission, or registered pursuant to Chapter 517 , Florida Statutes, whose interest is for sale to the general public, is exempt from disclosure ; and where the Seller is a non-public entity, that Seller is not required to disclose persons or entities holding less than five (5 %) percent of the beneficial interest in Seller. 8 . 11 Brokers : The licensee(s) and brokerage(s) named below are collectively referred to as "Broker. " Seller and Buyer acknowledge that the brokerage(s) named below are the procuring cause of this transaction. Instruction to Closing Agent : Seller and Buyer direct closing agent to disburse at closing the full amount of the brokerage fees as specified in separate brokerage agreements with the parties and cooperative agreements between the brokers, unless Broker has retained such fees from the escrowed funds . In the absence of such brokerage agreements, closing agent will disburse brokerage fees as indicated below. Jason Harris Realty King, Inc . Real Estate Licensee Broker/Brokerage fee: 3 700. 00 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first set forth above. SELLER: INDIAN RIVER COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS Name : Joel E . Beason � n - By: &ZweO Caroline D . Ginn, Cliairman Date Signed : July Date Signed: `I — ' d — oy � & Indian River County Ap roved Date 4 Administration y BudgetdT1l F:\Engineering\RonC\Word Docs\Beason-bell Agreement. doc - Co . Attorney Standard Real Estate Agreement — Beason/Bell Risk Management ,i3, oy Department >,1 ' ivision