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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 />