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5 . This Agreement shall be governed by and construed in accordance with the laws of <br /> the State of Florida, with respect to both substantive rights and with respect to procedures and <br /> remedies . <br /> 6 . Any notice required to be given hereunder shall be given by personal delivery. by <br /> registered mail or by registered expedited service at the addresses specified below or at such other <br /> addresses as may be specified in writing by the parties hereto , and any such notice shall be deemed <br /> received on the date of delivery if by personal delivery or expedited delivery service , or upon actual <br /> receipt if sent by registered mail . <br /> FCT : Florida Communities Trust <br /> Department of Community Affairs <br /> 2555 Shumard Oak Blvd . <br /> Tallahassee , FL 32399-2100 <br /> ATTN : Program Manager <br /> Recipient : ln d i a n R i gar County <br /> 1840 25th Street <br /> Vero Beach , Fl <br /> 32960 - 3365 <br /> ATTN : County Administrator <br /> 7 . If any provision of the Agreement shall be invalid , illegal or unenforceable , the <br /> validity, legality and enforceability of the remaining provisions shall not in anyway be affected or <br /> impaired . <br /> II . PROJECT SITE REQUIREMENTS IMPOSED BY CHAPTER 259 , CHAPTER 375 , <br /> AND CHAPTER 380 , PART I11 , FLORIDA STATUTES <br /> 1 . If any essential term or condition of this grant agreement is violated by the Recipient <br /> or by some third party with the knowledge of the Recipient and the Recipient does not correct the <br /> violation within 30 days of notice of the violation , fee simple title to all interest in the Project Site <br /> shall be conveyed to the Board of Trustees of the Internal Improvement Trust Fund . The FCT shall <br /> treat such property in accordance with Section 380 . 508 (4)(e) , Florida Statutes . <br /> 2 . Any transfer of the Project Site shall be subject to the approval of FCT and FCT shall <br /> enter into a new agreement with the transferee, containing such covenants, clauses , or other <br /> restrictions as are sufficient to protect the interest of the people of Florida . <br /> 3 . The interest, if any, acquired by the Recipient in the Project Site will not serve as <br /> security for any-debt of the Recipient unless FCT approves the transaction . <br /> 4 . If the existence of the Recipient terminates for any reason , title to all interest in real <br /> GAA\02 -058 - FF2 <br /> October 22 , 2004 3 <br />