Laserfiche WebLink
ause <br /> 3 . Acknowledge that , in the event Developer fallow to <br /> begin Pletec such <br /> repair of the defective required improvements within 20 hely have the right t make <br /> repairs within a reasonable time thereafter , ehl able to the County for the actual cost <br /> such needed repairs and Develop of such <br /> expended by the County for such repairs and any a cost in incident toes a thdecostscplf lit litigation , <br /> sums , Including but not limited to , reasonable Y <br /> including any appeals ; and <br /> 4 , Provide herewith , or has provided heretofore in a manner satisfactory <br /> to the County , security to guaranty Developer' s performance of this agreement , being <br /> either a cash escrow deposit , irrevocable letter of credit presentable in Florida or bond <br /> issued by a company licensed to do business in the State of Florida with an A M Best <br /> rating of A+ X1 . In the event Developer has n undertakento Beds of any such contemplated <br /> securi y <br /> this Agreement following a request by the Co <br /> u Y • <br /> may be drawn upon by the County 'to the final total cost of Developer' s obligations <br /> hereunder , not to exceed however , the applicable limits of the security . <br /> 51 Grant and convey unto Indian (River County all its right , title and <br /> interest in and to all public improvemtoingthelthin Couthe n y that ihas dedicated f ee and <br /> County , and Developer hereby warrants labor d <br /> unencumbered title thereto , that all persons or entities which have supplied <br /> none of them <br /> materials with respect to such improvements thereto , and thbeen at In fulopehashall hereafter <br /> has any claim whatsoever with respect- <br /> � <br /> id the County' s title thereto . <br /> vrever warrant and defe <br /> IN TNES WI-iERECF , Developer has hereunto set its hand and st;al <br /> this lAday of 2006 . <br /> Signed in the presence of: l_ENNAR HOMES , INC , , a Florida <br /> corporation <br /> pVeioper : ; . <br /> Sign : <br /> print name : By : <br /> ,,.,' .� ...r <br /> ~` Ice President or <br /> sign : <br /> / r <br /> print name : ' . �. � ' 1 , `-L'z , <br /> y print name and tl le : <br /> (affix corporate seal ) <br /> 2 <br /> F:\A«omcy\Nnncy\Docs\pL.xN\vcrotia mains r&d .dac <br />