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BE IT FURTHER RESOLVED that said County shall lease the above described lands which <br />said lease shall contain an option to said County to purchase the above described lands, al <br />in accordance with a form of such agreement submitted herewith and hereby approved; and <br />BE IT FURTHER RESOLVED that the sum of $1,250.00 be forthwith paid to the owner, <br />Roland B. Miller, in consideration of the terms of said agreement and that the Chairman and <br />Clerk of this Board are herewith authorized and directed to make, execute and deliver said <br />agreement as the act and deed of said County, to affix thereto the corporate seal and to do <br />any and all things necessary in order to consummate said agreement according to its terms. <br />------------------------------------------------------------------- <br />The above resolution authorizes the signing and delivery of the following: <br />OPTION, CONTRACT FOR SALE AND LEASE <br />ROLAND B. MILLER and MARTHA T. MILLER, his wife, of Vero Beach, Florida, the Owner, <br />in consideration of the sum of $1,250.00 received from the Board of County Commissioners of <br />Indian River County, Florida, acting for and upon behalf of Indian River County, a political <br />subdivision of the State of Florida, whose Post Office address is Vero Beach, Florida, the <br />Buyer, does herewith give the Buyer the privilege of purchasing within the time hereinafter -if <br />stated for the purchase price of $11,856.25 (of which the consideration paid for this option, <br />is not, repeat not, a part), the real property- in Brevard County, Florida, described as <br />follows: <br />Lots 6 and 7, A*BERSAND BEACH No. 1, according to the plat <br />thereof as recorded in Plat Book 3, page 76, of the public <br />records of Brevard County, Florida <br />Subject to the easements for State road rights of ways <br />as the same exist of record; <br />and agree that: <br />1. The Buyer may elect to exercise this option by notifying the Owner in writing at <br />any time prior to March 1, 1960, and thereupon, within 30 days after the giving of such notice, <br />the Owner shall pay for and deliver to the Buyer evidence of title in the form of an abstract <br />of title prepared by an abstractor licensed to to business in Brevard County, Florida, pur- <br />porting to be an accurate synopsis of the instruments affecting the title to that real property <br />recorded in the public records of that County to the date of the exercise of said option, <br />showing the title to be conveyed to be good and marketable. <br />2. If the evidence of title shall meet the requirements above specified, the Buyer <br />shall have 30 days after delivery thereof to pay the purchase price. If the Buyer shall not do <br />so within that time, the Owner shall have the option of compelling the Buyer to do so or of <br />1 <br />(terminating this contract, and if the Owner shall elect to terminate this contract, the amount <br />(paid as consideration for this contract shall not be refunded, but shall be retained as <br />liquidated damages. <br />3. If the evidence of title shall not meet the requirements above specified, and the <br />Buyer shall so notify the Owner in writing within 30 days after delivery,specifying the defects, <br />the Owner shall have 30 days after receipt of that notice to cure the defects, and will in good <br />,faith exercise due diligence to do so. If the defects are cured within that time, the Owner <br />shall so notify the Buyer in writing and the Buyer shall have.30 days after receipt of that <br />E <br />C <br />1 <br />0 <br />0 <br />1 <br />1 <br />0 <br />