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2008-142
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2008-142
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Last modified
4/1/2016 1:36:50 PM
Creation date
10/1/2015 12:09:15 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
05/06/2008
Control Number
2008-142
Agenda Item Number
8.M.
Entity Name
Hemmings, George and Lorenzo
Subject
Purchase Agreement Real Estate Right of Way Acquisition CR 510
Area
8465 85th St.
Project Number
0610
Supplemental fields
SmeadsoftID
7008
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by t a <br /> C <br /> M 9 to <br /> C11 <br /> AGREEMENT TO PURCHASE AND SELL REAL ESTATE <br /> THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made <br /> and entered into as of the 6th day of April, 2008 by and between Indian River County, a political <br /> subdivision of the State of Florida ("County"), and George Hemmings, Sr. and Lorenzo C. <br /> Hemmings ("Sellers"), 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 on 8465 85`b Street (aka County Road 510), <br /> Sebastian, County of Indian River, State of Florida and more specifically described in Exhibit "A," <br /> containing approximately 0. 17 acres, or 7406 square feet, zoned RM-6, and all im ovgiAfAKts <br /> thereon, together with all easements, rights and uses now or hereafter bel gnging thereto. . <br /> 4' /9, .6-sm s7 J <br /> 2. Purchase Price, Effective Date. The purchase price (the "Purchase Price 1 or e Property shali <br /> b The Purchase Price shall be paid <br /> on the Closing Date. The Effective Date of this Agreement shall be the date upon which the County <br /> shall have approved the execution of this Agreement, either by approval by the Indian River County <br /> Board of County Commissioners at a formal meeting of such Board or by the County Administrator <br /> pursuant 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 Seiler 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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