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2008-108
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Last modified
2/13/2017 4:18:48 PM
Creation date
10/1/2015 12:04:33 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/08/2008
Control Number
2008-108
Agenda Item Number
10.A.3
Entity Name
St. Johns River Water Management District
SJRWMD
Subject
Assignment,Settlement, and Covenant Appeal Corrigan family
Sand Lakes tract
Area
Sand Lakes Tract
Project Number
Case # WMD-07-017
Supplemental fields
SmeadsoftID
6956
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7. Upon closing with Corrigan and closing on the District-County Exchange, the County and <br /> the District shall file a Stipulation for Dismissal with FLWAC in substantially the same <br /> form as provided in attached Exhibit H. <br /> 8 . This Agreement shall become effective on the date when the last of the parties has <br /> executed this Agreement, which date shall be inserted at the top of the first page hereof. <br /> 9 . Any provision of this Agreement that by its nature requires action on the part of either <br /> party after closing on the District-County Exchange shall survive the closing. <br /> 10. The District, as owner of the majority interest in the Property after the District-County <br /> Exchange, shall be solely responsible for defending the title to the Property against third- <br /> party claims and shall act with reasonable care in defending such title, including taking <br /> appropriate and necessary action with regard to the title insurance policy the District has <br /> obtained to insure its interest in the Property. This obligation shall not extend to the <br /> exceptions to title listed in Section B-II of the District' s current title policy, which have <br /> been reviewed and accepted by the County. <br /> 11 . This Agreement shall be enforceable in a court of competent jurisdiction. It is agreed that <br /> venue shall lie in Indian River County because the Property is located in Indian River <br /> County. This Agreement shall not be construed to preclude any applicable legal remedy <br /> in law or equity, including specific performance. <br /> 12 . The parties shall record a document in the public records of Indian River County, as <br /> provided in Exhibit I, to provide notice of record that the Property is subject to the terms <br /> and conditions of this Agreement and the use limitations provided for in the Plan. <br /> 13 . This Agreement constitutes the entire agreement of the parties. There are no <br /> understandings dealing with the subject matter hereof other than those contained herein. <br /> This Agreement may not be modified, changed or amended, except in writing signed by <br /> the parties or their authorized representatives . <br /> 14. This Agreement shall be construed and interpreted according to the laws of the State of <br /> Florida. It shall not be construed more strictly against one party than against the other <br /> merely by virtue of the fact that it may have been prepared by counsel for one of the <br /> parties, it being recognized that the parties have contributed substantially and materially <br /> to the preparation hereof. <br /> 4 <br />
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