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2008-125C
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2008-125C
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Last modified
3/30/2016 9:44:51 AM
Creation date
10/1/2015 12:07:05 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/22/2008
Control Number
2008-125C
Agenda Item Number
8.E.
Entity Name
Godwin, David Purchase Agreement
Subject
CR 510 land acquisition
Area
5835 85th St.
Supplemental fields
SmeadsoftID
6989
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ORIGINkc <br /> AGREEMENT TO PURCHASE AND SELL REAL ESTATE <br /> THIS AGREEMENT TO PURL ASE AND SELL REAL ESTATE ("Agreement') is made <br /> and entered into as of the 22tay of F�, 2008 by and between Indian River County, apolitical <br /> subdivision of the State of Florida ("County"), and David Godwin, ("Seller"), who agrees as follows : <br /> 1 . Agreement to Purchase and Sell and Grant. The Seller hereby agrees to sell to the County, and <br /> the County hereby agrees to purchase from Seller, upon the terms and conditions set forth in this <br /> Agreement, that certain parcel of real property located at 5835 85h Street (aka County Road 510), <br /> Vero Beach, County of Indian River, State of Florida and more specifically described in Exhibit "A," <br /> containing approximately 0 . 15 acres, zoned RS -3 , and all improvements thereon, together with all <br /> easements, rights and uses now or hereafter belonging thereto . <br /> Thi r — 2 . Purchase Price, Effective Date The purchase rice (the "Purchase Price") for the Property shall <br /> F;V be Thousand 00/ 100 Dollars ($ The Purchase Price shall be paid on the Closing i% <br /> �l^LS Date. The Effective Date of this Agreement shall be the date upon which the County shall have <br /> approved the execution of this Agreement, either by approval by the Indian River County Board of <br /> County Commissioners at a formal meeting of such Board or by the County Administrator pursuant <br /> to his delegated authority. <br /> 3 . Title. Seller shall convey marketable title to the Property by warranty deed free of claims, <br /> liens, easements and encumbrances of record or known to Seller; but subject to property taxes for the <br /> year of Closing and covenants, restrictions and public utility easements of record provided (a) there <br /> exists at Closing no violation of any of the foregoing; and (b) none of the foregoing prevents <br /> County's intended use and development of the Property. <br /> 3 .2 County may order an Ownership and Encumbrance Report with respect to the Property . <br /> County shall , within thirty (30) days from receipt of the Ownership and Encumbrance Report, deliver <br /> written notice to Seller of title defects. Title shall be deemed acceptable to County if (a) County fails <br /> to deliver notice of defects within the time specified, or (b) County delivers notice and Seller cures <br /> the defects within thirty (30) days from receipt of notice from County of title defects ("Curative <br /> Period") . Seller shall use best efforts to cure the defects within the Curative Period and if the title <br /> defects are not cured within the Curative Period, County shall have thirty (30) days from the end of <br /> the Curative Period to elect, by written notice to Seller, to : (i) to terminate this Agreement, <br /> whereupon shall be of no further force and effect, or (ii) extend the Curative Period for up to an <br /> additional 90 days; or (iii) accept title subject to existing defects and proceed to closing. <br /> 4. Representations of the Seller, <br /> 4 . 1 Seller is indefeasibly seized of marketable, fee simple title to the Property, and is the sole <br /> owner of and has good right, title and authority to convey and transfer the Property, which is the <br /> subject matter of this Agreement, free and clear of all liens and encumbrances . <br /> 4 . 2 From and after the Effective Date of this Agreement, Seller shall take no action which would <br /> impair or otherwise affect title to any portion of the Property, and shall record no documents in the <br /> Public Records which would affect title to the Property, without the prior written consent of the <br /> County. <br /> 4 . 3 There are no existing or pending special assessments affecting the Property, which are or may <br /> be assessed by any governmental authority, water or sewer authority, school district, drainage district <br /> or any other special taxing district . <br /> 1 <br />
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