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HomeMy WebLinkAbout1999-094r1 t:, .�'a W �! CONTRACT FOR SALE A N D PURCHASE Fl.X 1UMASSCIATION(11`RI':AI:roRSAND'IIIFFLORIDATSAR PARTIES: - _ Abraham Haxkott, Jr. and Charlotte 8arkett c/o Michael O'dairo f"sella") ,or 3111 Cardinal Drive, Vero Beach, rlorid . 32563 01tollel (561)231-6400 . I'll - - _ -Indian-.Rivet: county,-t(.political Subdivision of the #tate. of Florida f"ifuyw`s"), of 1040 25th Street, Veto beach, Florida 32960 (Phone) (561)567-8000 , hereby agree Ula! Seller shall sall:uid Myer stall tiny Ale f llomillgR Cal Propvni.y and I'crsunnl Property (usllL`divcly"Properly"y upon the following, lernn and cononditions, mh ids INCLUDl S'laetdards for Real Estate �l'raksadtons ("Standard(sy") nn rhe WN13W .side or anadtd Ill and riders and addenda to this i ] C'lreid OrSalc ald PnrdiAw(Vontraul, I} WIt,IPFION: (a)I. pidesviptionufReallropertylocutedin Indian River County County.Morfda: S11Niw ltQatl_dose-riytivlx Exhibit "A" attached Iiiiii and made a Dart hereof. [h]SYreY(addrMlitr',Ap.ofib e- ITICItN•K 12th 9tzeot rr.nd 58th AVanue, right-of-way, County Project No. -0823. (c) PCrsranallrc+peltY-None, A-1 Zoned Parcel 1117, containing 2.92 acres is $20,000 per acre R $..9B,�Op.,�hm_balanca-4 86.B,9iA.86_ia con"naation for aoveranca_damixea i .other cos r neces.atix'�to�aatotte hi+ -=qvo functionality (5va. Attached Addendum to Csntractl._PLEASE-HOTE:-THIS CONTRACT 18 SUBJECT TO INDIAN RIVER.cOUNTY FINAL APPROVAL 11. PURC'ILI5EPHRV.......................................................................................... S 114,434.86 .............................................................. PAYIIiLYE. (a) Deposit held in eserom liv in The amount of ..................... 5 D (b) Additional eserou'depil with fit days aper ftp eaNv Date (as HermM in Paragraph I1I) inn the amount of ....... _. _.. S 0 (c) Subjca Iu AND asauniption of nwrteagc in good statdingin ram or h - -- - - nsingat ry approxirntlop{esl prhiapal balan or .................... S 0 [d)Ptndtasentoncy^naarigpgeand note(see addenduen)ut Wlearnouest ol........... .... .............. .......... .... ............__........... _........ 5 0 (0) Other: s 0 (f) Iblotow to dose hyti-S, on%T. LOVAI.LY ARAUNuerlified or uashwr s die iso~ lhirdisarty loan,subjestfo adjtn%nxnls andprorations............... ........... ......................... ......................................... ............... ................ .......................................... S 114,434.116 CCL TIhfEFOR .1CCEl'i'.►NCE OFOI7+I;R;Iii77rlf'flC'i':!],C'I7S;I;#C51:4SII.1;:ffthisotl murilex'Lonttdbyanddclitsrcvltoaltpartics[Ht VAC!-i1P F:!'ECLrrlON wmnwniwl •d rk itrit ing bLraeo T Iltc iii or before_ _ 1J- _Clay's_-.. , the dtrosii(s] !sell, at 136y+er's option. 11s Fan poen to My- er and thisoll'errsithdrarin. Thedatc of Contratt(*',lletlkeDate")mill both datcuhentlic Iastoncofthe ltuy'n and SeRcrhas sigival This a lttr. Afaaifi le wpyorihisconuadgnd anvsilpalureshcreon Aall heconsidered Fur all purItwetas origtnalc. IN. F[NANCING: (a) IflhcperdlaseptitroranypartofitistobefnitawdbyaIIIifd-party^Inma.IhisCnnUaAiswndilionedonlluyvrobaisingawilWn wtnlmitralenImilli in _ days after Eff ci ve Date for (CI IECK OAT.Y ONIS): alisd; 1 an adjustable:. or I : a Fixed or adjwtahle rate loan far the prin Lip d amount ofs , at an initial Pnterert rate Plot to onowd °o, discount and origination fer+notlo euiad _ 'o of the principal anlaunt, and a born or yvorx. lki)er mill num apr iatioa midlin days after E%div'eDate and use reasonable diliWn u to obtain die loan corms lTment mid, thereafter. to satisrythetcrnnand wndilionsoilhealnlntitnxatt and dose the loan- Rayer shall pay all loan cvcnscs. 11 Ila 4L,r rails to obtain theCnlralSdmwl Of fallslu mateV ll )W'x ria'kls under this subpmagnpll. withon The tines InrolaWninga carnutinal Or. her dili&ltl AIM. fails W nacttthe tenth and ulnditionsofthe wnaniiful that either party drereaftcr. by witten notice to Hie otheT.nXayeinxl. thisC'antrad and Fklyet stall herefutdedIhedeytosil(s}; or (b) The existing Ittorlgag: dcw- ihed in Paragraph 1P(c) abow-has(CIILCK ONLY ONM.): i_ 1 it variable inte(04 rate„ or a bud lilac±4 rale of % per annual AtltericofliVetranalir son 6wd irllv�s-t rareaarc xubjcdtn insrasr:. Y1'hrLacascal.lhc rale Jlall lout cxcaed '0o per wrnunt Settler shat 1. mills in daysaftcr GRediv-e Date. fulaush adatement G(lneadt nlurtgagec'Valirgprindpal balatx. nxtillOd orpaynicia, irlrt`at rate aid status of rnorlgoW. Uliu)vr has ageed to amurrXc a nittrtg,agemhith retlirires approval of lli by the ntorlI;aDx for amunption, that Buyer stall pion plly^uhSaiX clic nev scan appliun4ion and diligiatlly wnpI4c mid relura it to Of,: fr ortpwia. Any nortViiWaditrge(s)n.nitoesLv^.cdS shallbepaidlil i(Ruytnisnot aox7led hymlrtGtgeeorat! restuvvil tCstui assumption arc nal in aLtinrdancemili Ove lenmof'This Conlfad or ata rlpjll;L'e etwkcsF dtargry: in t: xu:xsofiiheslalcd alhxontl. tiL•ilLrr nr Fkeyel nuy i scind W)ia Canlrad bymriXten actio: to the Filter parlyunless either elects to pay die inacase in interest rote or cxocu rnortgagec dkargc.*. V. Trrixm ifim E. At least day's b4nedoaiogdate, hilt no canter Pik an days all T Sege{ rea'isl. All ithen n.+ti6an1an Ain 1htger hasoblainedthe loam ontaailnwal or K •a approiltd for the lomi assunption uzprnvidedin Paragraphs IV(a) and (h), abotc. or. itoppin:Mv. maiu°dthe linan- singrequireln eats, (CIMUK ONLY OANFG).a{I �1 S�etller Atilt. at Seller's expense. deliwi to l iNcr or Myer's roomer, or ,X f lawr 41.111 lit liuwr's egrvtse Obtain. in acuxdan cv milli Standard A, 1ffl #0)VA'1PffJ X abstrad ul'tnle: Or X title insuranw ,aanmuunaal (with [ gill] •alpies of ms>lrunwnls listed as excepllons) and, xRer dosing,, an of wi Y4polTLy anile insufanou. NL(U)SUNG DATE; III is tratisadion Sh all be closed and Of c deed and other dwingli delivered on or bafore 60 dada unless midilied byolhn protisinnsof'dlis ConuaA, fr>;11I "Effective Date' (See I11) NIL RF WIMI(TIONS'; FARE'4'1ENT:k; 1,51frATIONStWyin'shall take We sullied to: wnprdicasiuc land use plans_ nrning reslriAions, Prohibitions and other rquirenamts inposed by gvvi'rsrnx.'nlal authority, re•stridious and mailers appearing on the plat or othcntius wnthtwn In Ilio sXtbdivisinn: public tnility ca.wim tt% of rcmid (easen ei arc to be Ionated ceonliviousto Real Property lines and not mare than IU Ice! n uiddl as to Ihcrear Fr from lutes and 7 172 red it uidlh as to the side lines, unless otherx£se stated he Frio)! laws lar year ol doung all d xubsetlu Litt yvarai asatmwd inefnga(y.•s aid purdsase money mongpg gs, if any, (ifoth cr openers, we Paragaph X V ); pr.0d Ld. dial there exists at dosis gno violation of th e. foreg u i1 g mid n nnc o f Wseln prrlmts use ofthe Propenyfur __-- road right -cif -way pu yowls). V[Q.IXSIFPAN(_T: Scllcr uairanls plat Ill ere are oto parties cit vuxlpaax}'++they!}tan Se11L'{: 1]kll. It l'rtlgl t'rS1'fY ail ltlfed fF ile're9ltCd orouupied beyond dosing die fad and Nlmidard 1=. Seller %tall delittir ouvpal.Lyof Property at Lints, Ordosingunlcss othcntix +-tared ltveuX.Ifouaepancy isto bcdclweredloclorr closing, lfurcv acetones all risk ofloulu Prop city from date of navIli shall he responsible and hablclil' nut tibio v liotnthat dalc, alstl Eball bcdctnwd lu hAw Liv eptediliopowili itsexistingwndition asulimw of taking otxahpantg'nnle s nlhvroiu staled hereat. IN.'rVP[S1i7dMTNORMND1►'TIr['riNPROV'ISIONS:TypouittenorIfatdwittrtpravisiuns,ridersand adllndaAIM Iwill priftedVromiOns ollhis Canlrad In uutlliA mill! than N. RlDIRS:[C1ii?CFClhuaeridersughidfarcapplicablcA\DarcatWdtedWWhis(',+nua.t>. (a) I-7 I INNVI XI ION (b) i-] CONDONIDO Nl (f) I %s is" '1 (c) j F(,Rl.iCt v i tW 1:57'hiP,NrINRIt.11.1'IfOPf RTl 'fA; ACI' (It)j IItyl,ll.tllh'NP.PIR' ARSOCI;1'I'ION DISVLty\l'Rli (d) I ] NAIFIIA (It1 RIiSl9yli\I"IAI.I.ISAD-fIASL:DII,v%:ARi]DIRCLCI.S('RI. (;) I A tlraxiun To Contract For Sale W Purchase ELd - --Addelidum -No. 2 • 2L_ to CouL a!>g llux•cllase FAR., HARd ReliwxI 12'95 (C) PM, Florida Axvodal.ion nl'Reahors(R) Pl)- lksx n1i Otl4adu, I b+Tiela 13Mrt•5X)2s All RililtsRe--ii%ed Pay: I o I ♦/J ,,�, FIT 11 foriPl is Iiie"Wd for use byINUAIcAlteler Publirlhill$ WT-W4,11is t• 171 40 XL" ASSICNIIBII' I (CIBiCK ONLY ONIi): Miyti7 _ y mills and thereby he released from anyfunhv hxhilily under this OUAITML { nuya-aaipl but nal be mleascd Frani lialsili[y under this lontrad. or � ImmaYmint atsipt iltix Conlrad. X17. DESI.l,tkil7RM: (a)Radon lea naturally ausrtin g radioad ive pas that title era aryl slmlatcd ill ahlt lldusg to vilMeiCut alnanl nlesoviy' ,Fekhlt lleealllt rides to pera011x mho Nov expnsx+dto it own tints. Levels of lad all that esra.`rd federal and Vale pi id Jill" havoblon found in buddingrin hbxida .Wdhion41 information repvrding Radon nrlEednnk�3inglmyltcahlav+n34nntyrourCbunlyShth[fe[lcalll+unil. (h J 11u)rr maY hate J anotia ed the eel orgy cRiden v}• ratio g aflisc rcxidential built in g il'any is Inlntccl nn Ill c' Real 1$apvrly. (c] if ih c lava I IrrOperty includes peel J7g rrsidenli al housing Ihcn paral7aph .l' (h) is mandatory. CIIL NIA.1;ll imREPAIR( rs: Scaler droll nother7nlvsiblatiertivepuynxtllofcul+inc uMuf, N`A_. fortrcatnuttl and strait under5tnnd0rd U (ilkltank. their r, ot'dic ihnd ase prim, (b)S_ N/A for tell ait and rep lawntent Oil dof Standard aN'(al'61en L. diva ioe otthc Pureh a% Price). Xie,'. SPUTALCIAUSESt if Addition atVmoo isrequiFed,altadladdetldmmi:nadC'Ilfs`CI:111iRF: . TMS IS INTENDED TO BF A LEGALI N BINDINU CON'TTILU T. IF NOV 1.17LLY UNDERS COOD, SFXK TIB: ADVI(E OITAN ATTORNEY I'MOR TO SMING, THIS ROM HAS 81= N APPROVI D BY THE FLORIDA ASSMA` ION OFRVAl TORR ANDTIM MORIDA IlAft. tin k )i• l Apprvral Joys aurcvnahfuf . ren vpr 71� r,kor itpyr+lf llfeterrxs rrrtcl cundirrona til ll+ls{ CURK41 thou Id be roup ed h}' d+o F+urAtrs Irl uptul+urlw rrwlsnktlnn. Tesrns 0.sddlfions aunt He ne,Roflarurf nlir d ("pan the rerpecine 7nferes7,r, objectri •r snlrT7 iSa rnkpnr r ts0, 1r anr�3s7e�d trans. er) Resirieth R Maoh f ) (Seller) Abxaham liaxkett, Iflate] ! k Soni al S0,111 ty or -I'ax I.I). n SoualScvisit}'orTa>wl l).' _Chaias�ln. �_ - - - (r> ms) Willis= t4!1' kPidss (Hate) (Seller) Charlotte Ilarkett {I)atc) Sotinl sealydyar'1'ax1.13. r! _Rigittn.rr f—Wgy_11%6nt_ Soda1 Scdsrhyor Tax I.D. = 5oA, .-,- — q -� I.7 ■c3 Dep osit under Paragraph 11 (a) reaeiwil; IF OT111' R T1 IAN C'ASI1. THEN St 11311; CT TI I C1-F.AR ANC,.. (Iiswxaw Agxit) BROKER'S 1.1:'E:'[lnc brolws named below. ildudinglistitgand wuperalingbrolrrs, :irethe° Onlyhraiiers entitled to wmpenlAtion in wllncdimn mill this Conyeat Name NIA Listingliraker Cooperating IklAers, Wally STANDARDS F()R IIF ►1. p:il'ATl'.'1'ItA15At'rfO?tS A. Fvidenre a [Tint: (I) No abstrad ofl itle prsepared or Kron do dirtent by, reputable and exi:iin g nbArad limn (tl nut eiiq.in g th eo ce"ified as eaaL d by an exitliag Brno) purportilglo Inc an anal rate s}napsie 0Dlte insf tt nm Is alFeltvsglilleto the Real Property woorded ni Ihr puhbrt.wrd� oflha ettunapuherrin ince Stoat property islowted iltrou(jl Hlkaive Date. ll shall wnmv-ole, with the carlicsipublicrewrds, or sod, later date s nlay'hc xlinnun'in the county. Upon doping of this Clmtrad,die ahstrart.sJ+allbuamxilncproperty mfBuyer.salsjedtol1kCF1 11OfridllionWerewfhy hlslmnripisl}'.euntilltdlypaiJ. (2] :►liilr insurance wnmiamalt issued by a Flotido licensed title insurer agaecinglo imus Royer, upon reand'utgofille teed la 13uyer, all OUTI r x poli„ Of title inaurame inthe amount ufthepurdlaseprise.. illwringlluy'er`s1itlelmillc Real Properly. kubjed Old yLu lions.avwmhranscx, cxry'ptsmisgar qualifiaalionspwviJed in i1119, Contrast sued illOW to liedisddargcd lay''3eller at or before cloaking Seller shall cont ymarkel.vblc title suhjed onlylu lions. Oneurdrrana.x, cwptauna or yualilint- ionaprovtided in IhisContrad. Alarke"fable title Insall bed.ternsnled avwx rditgtoaPpliobleTill' Sim d "s adopted beguiltoritymfthe Florida Iter and it aewrd- anwivithlou'.Mvtsballliavel(Idays,. ifabsirad,or5days,iftittewnanitmcnt.liomdaleafrewivingcddmixortillrioexamined.Iftideisround defdin, Buyer dial I"id,illda} thneaftcr, uolifySellerinuri[inggrcifyvnglhcdefvu(s).Irdcfcd(s)rcodertidcunnnal[.siahle, seller vvill 13aiv 30day, front. reairal or noliceto rermivethu defects, Iriling%hidi Myor shall, within five (5) daysallerc.,piration oflhethirty(IG)daypvied. d0iwrwrinalnotioclo Sclleredhcr: (l) e!Scil d in g the ti ntc fora reasonable period not to exard 120 dnyt with in WN" Sellerell all use d iligcot ellbri to Mmove ill e d cf'tiv; or (2) revlue•elin g a refund or deposit(&) paid which shell ba im modialely returned to novel. Ifflu}er Lids la a0 nobly Seller. Boyer shall he de'v'sned 47 have adL,aled 117e1illi• as it then is. Self r xiall, ifibic is found nnmarlesiable.use diligent elfarl to wrrLd d cfcd(s)Nitthin the Iiow pruvndrd Ihcrelbr. 1fSeller Is unable 10 fillwiYWU rr ills dviods, duvet dial(either olive'thcdcfees, or rw:ivc a refund afd.posB(s), lhrschy r h.uulg[91}rr and Seller bunt all141nlncrohtit.5lnon under this CoMF-1111- 11, nd rthisComra.i- 11. ruldnae dtnnrp11a1iplgrS`ienldty'Agmemillto Seller. Apurdsa-•nuaucy'mm�p a and mortgaWsrate1 Sell..r challprovide Air a 3[Lday grace period in the cnv-`nt ofdcfauh ifa first mortgapo and a inlay place IN, criod ifa scausd or lesser iron +gawi sha(lprovide liar ridil of prcrisynient it whole or in part vwiihmnt penalty, dull permit ac+xlrralion in event oftrausfes Ofthc Roof Properly'. 41.111rcquircall print/ liens and cnwvmbranay In he kept itn good . a nlilgand forbid modiheutionsoforfuture advahicesunder prior martgag{s],slialtrequire lMty,:r10n1dintaifpolidesQ1111Sura wwnlainingastandardnwripapce dausuwwLring all irrroveromis located on die ltual Properly' apltnA fire and all perils uldudednrlhittive•tunf "evivndrd urverugl endorseraxrlls";van sud+ndter iisEvand pvil5 as Seliv ntay slosollabk reyuirr,;n an ametiltt cquallo their higwi itaivable•value, cad the mortgage. mote a»d xewritpa,l7canlatt sltallh otherwise in form and onoteui required by S1llcl, but Seller may Otslyreyuire dausesand ni elan} ucAonsarilyfoundits II"rtp i).Nnxtripalge•istdcs andsvYunty agr eirmits erallY ulilisd 6yaaiinE,�and[ovn list iiulions or stale Ot national banks lowledin dletaiuntyvwherein the Real 1pruperty' ulOMIlA Ail Personai l'rupertvand leases being amveytid or assilftcd well, at Seller'x option, be suhjed tO ilac lien of a security alyeCm on(cviduvved by reaz.+rdwl rmmnungataleni ails If .n balleou nlnrtgpB:. the fen a1 lYaytTtnit twill eliea°ed elf e p triadic pays montsillcre`a111. G Sune}':1luyrx, at l3uyer a expCaw, oathill lino: allOACC110 dehvcr evidence pal l'dle and to eGitnlne conk, olay have the Real Noperty' auricyed and %%rtdied It a registered Florida purv'e)'or. Ifill c taYvvy disclows Cal aoad, alerts oil 010 Real Flop erly°air Ill at xl[arowarm tx loaated flics:ail aldwladl on selbad: l it v;t, caw. ttxrlts, ion ds ofoth ors or violate airy YCAr id ion F. Contract wkw antai or app bepb le gavrm 11 mitaI reps lalion, the park shall omstinite a Iilledefeol- D. Termlei:Buyer, at W) It's ae, with in the lime altavved 10 deliver cvidelwOflilc, m3vilave the property inppvetcd by a 17arldi Ccrlilid PeW Control Operator ("Operator")tca determine ifthvc is any visible adiie Lermilc i nlv4-60n Or vasihle-danu,y: liomierowe infestation it the property. if cilhv Or burnt are faun d. Buyer til all in ave 4 d aye ftom date of wvritteo n of ice lhoscofuid, ill ail idl to I lave cosi oftrcaiukmt• if required, cstiNataled by doe Operator and a it dannio: it spcded an it cls im#ed by a livid wit bit ilder or (fin vial eonlradOr. Seller At all p ay valid w W: of treahnwat t an d r rya air o f all danuge up to the amount p lnvidod i1 Paragraph XIII(a). MAimaled lxr'ax".Swed th at amount, at yet AN allhove the option oftapecGngthN C'ontrad Hith in 5days all receiptof evntravtoe% tepair estimate by gyvingvwrittan 11017oe1O Seder Of liuyer raayeleeito pranced vvith the tfansaaiam, and roxive a ur Pit at duaiagon ilio arnmont provided it Paragraph \BI(a). d "a'lentos"sh all bedema10itdudcalluuoddeslroyin9Cxly'tllisnnleyslircdtaherc(lOrtsduttderpeclloridal stCOniralAd.asnlnendcd. K Ingress amid VVrMa Sella wane ns and alar SOrils all at there is in pais and egrote; la div R, JI lhop eny so lftetiell fix ISe in evaded use: as HoAtdied ht Paragraph Val have F. title to "I,ji ix in awro rdana, v%idl StandardA- V.1.erks:Sell cr sh a ll, not less all an 15 days before dosing fumisln It. Buyer uopae. mCall written Ica+we wad -4upp el ldl fs fion+cadl tell Wit slnvfvrn 91111 as Akre and duration 0rthe teient's oOanp an sy. reyltal rates, advanced r+mI and wee my depaxite paid by tenant- US•Iler IS utlah le to obtain suds letter from eado 1+31.mit. "IC sank information AN all tae Turn ishcd by 8111 or to 13uyzr uith in Ih al time period in the for m ofa. Seller' p allld 4% it. ant 1hivet may 01 e(eaft twtitaii fell .0 to Mir firm end+ information. Seller sh a11. a1 dosing itelivvi and assilla all origplaI leases in Ikly'cf. G. L1.tna: Seller sat nit turn Wt to Hoyer at time of dosih g an alfid avit aile.ifn Rio the all MM ce. Nall too s Odxnvise: pn1114M for herein, O f all y' fin anving A atoll"I e. deinei wlf lick, or atentiat Iiernors lanmiva to Sclier All Furthor alleaingillat th ere 11 ale bVcia nm inysrow ilio nLa, or repairs to The Rcal 19operly Ibr 'A7 day, unnxd- ialelypremdlnpd,acafdocilp lfdte Real property has hem inyl roved nr roll aired within that urx. Scllct dtnll.iltivvr r l •apes or ualveTz Nal wnstruvir�.,a bans esteomted by all @�,n a;ral eVntradora, anIlanntradorp, suppli rp and niateriolnim i[, additiun In 4elier'a lien allidnvit rettmhl. tlls tho uanksurnR•tu$ vat cl at wn- tradurs, selhrvnitadulp. suppliers and inslenahnpra, further anaM119.1fiat all vhaslyatfor inprovxracnhor repaxs wllidl e. old sins, a hos, Iola ww1rudion lice or a da rifmrdamal},�hatebcal paid orvwill hcpaid atilic douragofildsCiantrad. IL Nene of (jolt" Ct i'losing A all he hold inthe uaumyvwher+(n the Real N,.pcdy is lOwaexlmthe alnico ul'ilaa: auunx•y nr raahat idnsilg1601t de.I,pwicd b. %eller I tit BARA Revised 11''95 (C) WK Florida :ltwsieticu nFRvallurx(R) P.O. llmx•MIS oamiau, l huida 32177.9125 .191 Rlghla Rl Ktved Pa1p 2nl t I h t s kv rllt n iiaGn sal liar uu h}' [SO.1tu►11 iAsn f'uhltJ+iag 331{.544,6355 do LTimtinwipulirtgtirnepniodeoriessUranspx(6)dky%Sanndays,Sundays mid alalenrnai[oil alleraa%I,alidayssll.11liecxdtoded. Ally little period' pro rid ed ror)kereh-Illdn elsailald on a Saturday, Sunday, ore Iag'l holiday Oban cxtmd to i;mp. it, ortkc naxlbusineasday. Ibis is oftb a esaanm in lh is Contra¢. I [)pamrnIsfarLIN) Ito R:Seiler s)1 all full ill I Ilse deed, bill afsato. cenrlruciton lien allid;IO. omittr aponesspon adldsvir, a'"!III nimts a r Jones, too milt in d noar- ghogeeCatoppCl letters and CUFFCdi4: n)dlit I nems. Boyef s1ioil rulnidt daaingdalgner 1, na)ft p�rgC, nxklt gag4lfale, aedlnty agreenlnal mild rill andag stalenimCs, H, XF,ifllx9:I10 a)iuea lacy atan>it a on lite decd and rtcord in g a ram ad ive h+rb a ,miss a)1 till be p aid by Selltr. I }aaknxnl l try tdn)ltla mrd pnl an pjll le l a x on glop u r- hSaon+eneytuprlga,gb and arty nturigage aaaunted, and realFis hgafpardsasanouneylttphtgngo10 set tor, deed and fin in Lin gstatenkndsdnall betoaid byill a DOy'rr. Unless odlantise provided bylaw or rider to this COntrad,dnartw.n. For tile foilowingrclatcJ title services, t1A111clylid, or absUad dlargr, title exe ninalion, and utlleutentulddoibigfce, altalI be paid by tire partyreyonsihlerar funks, in lithe title e$idalrt toil antatdenm4rilh Porayrapl' V_ l.Mmiloru:CtedthlTaxca, aslesin idn, rest I, in(erest, inguralacc mid ottervg1cosenorihe i`toperlysbollbe prorated lbroufjithe day before duo Ing I)u)rr hall have elle option oftaking aver existing policies afinsurmice, IfaSxkklllalllC, ill %%''illi e4'aatprcnntkntadhail bep rotated, C44h at dosingsliall beillaeaatd or de- s a tied as nay be required by prorations to bellladedrotodl daypfi9 Ito dosing at occtipmlcyifot0ep on tyaivrs hcrorc dnsiug Ad rant:[ilii an dsacuritydcp^ aids wil I be a edited to Buyer. Escrow d eposlts h aid by noun iglgcc Ori II lie credited to Sel ter. Ta xes rh o II be pl o rated bilged nn the tilt [tilt year's la xwith due a It p$v- rnre made for maximminallowable discount, howeslead and oiler exrnptinns, trdosingOccurs at a datawhno Uie+.urrelly:ar's nrlllatpit Plot rpxed and tirmalt yeat'sImealnulitis available, taxes,%Will beprenled baled upon sudi o55cS%InadDint prior y'Car'S 10113ge. INF-IFIalt y:Ar l aSSCalll ant lellal "Aliabie, then (azej All be pr9raled an prior year'alax Ift ate are awh;hidcn iiry)ro%winans sin lyke Real Nopoly by 1131nary its afyCar ardosing misidl blpravenlallt wercnOI ill elislmee ort January Ictofptior year, then taxes alkoll be proroled based upon print yenr's huiliag0 and At an all,, table amcastucnl to lie agreed upon bd%Vvnl the Parties; Riting'k%hidi, r eq u est ren Al 169 made to Ill Coun Iv Pro p city Appraiser fur all infL)nll:kl essrsshascnti taking into actnnnl awilsble axcnpilans Al.xpr -- lion basedarl hos ellinteleshatl, al request nfeither panty, be readlkisled t111e11 rCCC'ipt ortax hill dill coadiriohl that atalcnitilt to ilial elred ta%h)]ted at dri4){1 l; hLSpedalAmmlivni Lrali Ccrtifaed, aanl3rnied and ratified mekial tsgomill nl lima as of dale 0fdosb)g(notas of Uredive ]),Ito) hole to he paid by Sellar. peodingliensasofdateordosulgslialltic nssumcdbyliuyer. Ifor eitlprovYnalthas hCeti subalaut!.lilyconpleWasofElledIWe'late, anyptndinglinldlallbe lonsldtfed mrtilied, eonfirnisd or ratified wad sellersilall, al deehtg bediarged all antuunl equal to die last chbnste or noo ament rpt Uhe lnpao4�erela)tby dee publicbody. N,Irapedlon, Repalrand ilRalnlrnmsmr5ellcr w2rrmlt5Ukat, as of Ill days prior to ciosiisg die eCilbrg ro9f(i3idtldingtlefasdnlnd suflitt)arld exterior slid in- teriprwalfa, foundation, aear4lilg (aE lgntralalt) mild dockage do not have anyVi.sible F.%idasct aflanks, walerdanagact- atrUd11rn1 dawage and dial the septic lank,pool, alloppliancts,niediwlical itenn, holo hili wnlinG cledripl, plumbing s}atent ml dwaddricryarcinn Working C0116660, '111C tore&�hgsrarfmty shall be Shute d tp iltC Ittnit sl5eaiAtd U n irss pill CRrlst pf 941J e J til an nJ d al dp ill Baye't llaay', ai limy g I's t jiahse,'lase !ilia [dip Ill n adC n f ill a hoe itentab y a Zinn or hid- i4idual spedallarigpn home ulspedions mid bold'utgan oculpationnt IiauReforsudh pulpose(dre(illircd) orbymt MpprOplriatclylimised Florida contractor. 1)uyersha.lt, prierta lliyer's omaponcyor tont less rl IUds)spriartodosin& lriiidtcvcromira filar., report ill 'urijillgio Seller sudi tahnl lhsl donor ntecltlic sbos'eslandardsulpdercds. Unless Myer tnhely reponsgudi ddfcds,!layer shall lie llccilled to have%wived Seller's 4varrenlie% as In difedallpl TCpatled. trre- pairsor replammenti arelequb1 f dl a curt rho t lulli edtO confrlycoli, tiffs Standard, Salter shall alust tlenlla bemade and shaltpayup la tie ankountpfntided tot paragraph yillt( Seller is nal r equ fired tO niske rep airs or rcplamnalts ora to nrldic nature tin less alto sell by a. d elect SOUcr is f es319nsih] a to reyiair o r tell I at:. rapt irorrap locetnenIexceeds the A=untpro%ided41 PorapsplIXIII(b), RuyerorSellornPyvied topaysudlexcess, failingNdlidi eitticrPolly nuyancelthis . Contract If Seller is unable to coned the defeds prior to dosing; the mAllitreafsl)PII be paid into escrow at dosing Seller fbold, upon reasonable nolice, provide utilities service and eecasto the Property for inspedions,utdudingawalk-Ulrotid,prior In dosing tpaingrmthot all itentisor Personal prppartyare pn Ilea Reel prop city all d, subjed la the Foregi in g, that all required repairs cord 7Fp l ecehnntaa b ase ben$ 111120e mild Ua st dk a Fro p eity, i ndud ie g but not 111WtO lo, JAN"', Shrub- bery and pool, if en y, hes beat maul a in cd 'ul the condition exid'u1 g as of E Ilediv. Date, prJ `tot a ty s4•co r and [car cxkzptcd. Q, Risk CN la ss i I f til a Prrhp erty is d anu lied by hr a or other Casualty bcfpre dosing an d Cost. of r ester atian docs oat exceed I% o f to a assessed vvlu slips Orth e Property to danaavd, cot4 ofrestoralion dreil beOtt obligation ofthe Sollcr and dosin g Shall proa:dd pursuant to tilt logits orchis Contract$rite restoration ousts a assessed 4'alnalian pfUhcPrapr[ty sv damaged, Buy'erel)allhare pee option afeitntr IPkirtg Ute escrowed at dosing Iftic cast or Federation exceed[ 3%o£th property as is, togctler with eidice the 3°l Or any insurance pfoaceda payable by $intoe orsudh doss or da+n ge. Or ufaulrolingthls Colntradorld remivingretuns ofthe it cp osit(s). R hooeedt o rselet u Oidn g ihocirdu iri Ilse deed d+a ll he reasr d ed upon dem ance of funds. Iran abo r ad of 6da l) as been ru ni lir ed, evidrn ce of otic sh ell h e continued at Buyer's expense to ShOW110e in Buyer, llithput a:lyalCl llnbrarlo a or dlangeulkid$would render Seiler`s title unnlarketablefrotntle datenflhe last evidenua. All doai igpromccisshall beheld in asnow by Seller's otiorneypf Other nwivallyerx�hlable csaowagenn fpr a period ofnol dare tical 5 days ager des- ingdate. If$elln'r lite is reradered unnwrkcinblc, t roupjt no fault pflluyer, Buyer s)1.a11,rriUknl Uke 5-dsy period, not ify Seller in WTableoftre deredand Seller shall have 30days rfundetear receipt orsudt notidaatinn to surd tie dcBd. lfscllcr f ilsta lirliclywsa the dcrcd, all deposits) and ciosingfunds 5holl,upun written dcnwld by Buyer and 14idthl 5 days after dcrnand, berdollied to Buyer mid, sinultancoudy%vitt sudi fry$ayntilt. Lilly:r diel'return lac prrso+ral property,vacatethe Re alpropeityathdrecall Vey tile PfapertylO Seger byapctial $Vmi.nrdydeed and billoflaic. trwyerfails to uuke timelydcv id far refund,'!toyer rllalllaketitle alis, waivingall riddle orphist Seller astoalky ill1ckvmukgdcrestcxocpl as ntay be avoflnble to Eto}cr by virtue of Warrhotties rnntafined h the deed arigilt ofsale, ifaportion oft)cpurd)escildw is to bedelivcd bo.1604utton Al Gna)lculgar rcfulandng rntuirenxNals ofllte ietrdingwait ami astoplaw, time ofday an d pro wdur es fu r dosing and for d 45hUr aCnK]It Uf 1tlortpf gC pro kTtdl iia alI W till of o ver conUary p rp vision n til hs Contrad. Seller all a II h at•C t i c r I d i t It' require fronlheicudvlgiristilution a wfilit[l conurtiulxa)tdint twill nulwitllholJ disbursenxntpfnturtgage prowedsas aresultufany title Wins atU+bulable W i3uyYrilwrsgag9r, the escrow and dosingprpucdure regtlired by UkisStandand shollhe waived if tulille agnit bls11rt9 Advcracnwucrs purivad to Section 62.7.7841, F.S., as o ntai dcd. [), Feaofr: Any esvo$vs�fal("Agatt'7 reocilingfunds orequivalakl isoudtoriaLd mild DVC" by a,agptanteof Usen la resposit Uleui atonally, hold 5arrxN aapw an J, subj els t9 ci ear an x, digburs a lh an n$ arxa)rdan m rkiUk I troll mild o)n J!tions n f Ih is COlitr mi. reiture o f fonds to dear shall 1101 en w%e rlu yeti p erf9r- nlanaa.'fin doubt Asia Agent's dutiesor liatlililies under dican)ursionsaftlls C400114, Agan okay, at Agmrs option, m)ibnue to hn ltd tile Subjod miter ortie eaarow until die parties hereto .pec loitsdisirpaamell l or toll!'. judp.rr.et.ra aaurtorcuing, te, jutticl.idims shah ddcinkne like ridju; of Use pa)tirs, or Agpntniay deposit should wills die deck efilhc drulit court IVPVuhg jurisJidiml ufdnedspute. Upon Ilotlfyulg. all parties cencehned ofwd) adion, all liabilityork ile 03 pahtpfAgaltaltallfullylernarhate, eXcepIto01 1e31LofApnluiting[or�ily!tettesprcciulhaiydpli4•crrtato'oluauw.lfalimisadFoalcstatebroker, Agent v tilt cenply tail, provisions of Ch opter 475. F.S., hos mflak dcd. Any soil b nw-1 13u yar std Seller wi+ereal Agent is ina d c e party bemuse ala dbi g ea Agalt h ercunder, or in any wh wherein Agent interpleads to subject ntaner of Uho csvoiv, Agent dIall recover reasonable attoney'I fees mid alsh btalrfcd wide these anlountsio i ,paid Boo holdout ofthe carrowed Runde or equivalent mid di ar lied and awarded as court costs bl ravor of Ul o p revs ing p arty. ih a Agn l t$al I sh of be li ab le la any party arperson for ntisdel'ivcry to Buyer or Seller ofile+ns Subjed la Ilhe [avow, unless aul b dg ndsdalivery is due to willfureadk ofUre provisioC011- Unas pfthis Co- Uad or groan ntgligel cc of Agakt. ILAtlomey+a re on; Ondt:In any Iitipplipn, in dodill abrcad), enforcenerltor ai(erpreli tip++, nrillr)gout oftlia Cnnlrad, dna prevail Lngpaifybk Bud Iitipplion , Midi, far purp ones aid I is Si endard., sit ate bldude Sol lcr, flu yer Ind any In Okla ading bh aycnit-y or non alias@' relation allills audwtirl:d Ily Chopt er 475, F.S., hoe arrxraded, ilk a11 J,acotialad to tauter 11,a11kt hcno)1 prevailbtgamtyreasotable ado'it y+s toeg' assts Mild tx)ke nacho.. S. Falling of pegfotpnn K: l f Mye r fa i is to pert nnflairCouto ad with In tee Iimd ql eoficd, b)dud big p ayniemL ata 11 depas its. Ill dell o aIt(a) p .ltd by Pit yer and dep0ligs) agreed to be paid, "MY bt IowVned and rd.blad by aid fur the owlon( tifSelltr as 0DeadupOn Ilqu[it tile JdAll ngo,conSidtrAlan far Ute rxeadion of til It Coalfad and in It, I I sell Innent to ran y damn; wh ereupoil, 1311 y: r mk d Se Ilcr Float be IClieVed of a Ii ob li pion s u n dor tris Contrail; or Seller, at SelIer's Option, may pro tied in Cris, tyto 0n force Seller's r!gbla under ill isContrad. lrfor any reason atkar ill a1i fill lir to ofSeiier%a arakeSe11el'sIitle nu.Fire eARgr dilipant effort, Seller faila,rlegleds OF Hruaes toperfoml del&Cahivad, die Buyer mayxetk jlCd111Cptrfusdtanceurcicd torecoiva die return Of ltuyrr'a drpoait(s) "lila tot Ulcrdby wai%in g arty action for d a sta Les rtsu ll u) g fr un Scller's bet ad$ T. fhnlrad 1401 Re Fordablri Phren$ Bound; NOUM:Ncidrer its is CalIliad+tur nil ynoticc of it alsatlbo recorded 'ut anypubficrccnrdS. -Ibis Cklnlrad At nil bind in d in ore to tb a ben era of 111 a p a is ics mid If ci r Nal owsso t s ill into[ Cin. Wa 01 C ml Of C will CA IN crilkit%, shni I at %it ill i indude 111 or a I al 10 Oil a F�k 11 or $410 It indindeall Not log given b y O r to ill a adorn Cy for Ary parry 511011 be as clrns Nil e a pfp req by n r to lh at p lit Y. Asa PPI nate la the U. Uliveyonce: Sol ler Fit at co n ve y title to (it O It cal Pr Op F) ty by statute ry Wa l l only. IFte Lceptad yl3klycpresaualive's or psPrdian'adced, pl p status or Seller. subject ontytp nmllers millabled in Paraplaph VII &kit those odicfxisc acxrptrd by i3uyer.'':[silo of Proprr1y r15alV, al Ukc rgquc'l a[tkr �Ipyer,bg kanererred by on abaolule hill ofsale%&iill4Vmf llly.'mill:, subjed Onlylasudk noting, as finny hcasbcrwise plta4idcd for Isercin. V, 01herAexeenentsrNO prior or Peacnt AVCVPIialts or rep reanttation5 all all lie biudingupiou Buyer or Seller tiniest hldudcd in this Contrail. No uhodifhcallon to pr dl toil lie bl Uhis Cankad 571st be valid tot bindingupon Ukcpaatirsunlcs%hi writblgntltl:headed bylhepartyor parliesbnanded to pie bound by a. W. Warrenry: Seller warfanu.USalilterc ere tip farts yaluwn to Sp11cr tuatcriatlyalrtdirsgUhc 4'aluc pf U)c Ihuprtiy whit) etc not readily dbsavtble by FNycr ar wisidihaxenotheal disclosed to Buyer. Ilia Flutlda A-ssonalion pfReaptor5 and lorel Ward,' ASsOaatrmk oritcadets nrnku no ICarntatlUll As to tka opt validityllf adequacy Of mlyprorietan arthl5 roan In any specific liansadion, 'I1tismandasdimd farm should nutbc used int. aw>lslex Isminklionsm cold[ e!nntsi VO faders or oddhinns, illi% foflll is Avallablt for 10.40 by die ndiro teal :omit iildustry and is not hitclydni Io idc'ntiry the tiger as a KEAI.TCR(R). Rt:AI..'r4R(R) is A regjstcred collective nicnlbefibip maiWat nmybe used onlybyreal estate limisem $410 art111a1d1CIa ofthe National A%5ocintion or REA"ORS(R) arnt 4dto subsarbetoits CudcofEt ica. Ilia mlytiddlowspfUlcthilledStates (17CI.S. Cude)fprbid Ure tulautlorind Irpfod.udiou ufblank forks by holy nicmlg induding fmsindte at conputtrixed faints. FAR/RARA l'N'45 COPY? igIt 199$, Flatida AXsnciation of Raalso iilk) INA). III) x725M5 1)rlaw 10, 1'InrldA 12373.5M'5 All R j&A It star VTJ page I of I III Is farm is licensed for uta by iS(1-McAllishot PublMIli g 3111-54&6353 40 ADDENDUM to CONTRACTFOR SALT AND PURCHASE belweett Abtaham Barkell, Jr_ and Charlotte Brirkcl(. Sellers, clo Michael O'1 Lure of 3111 Cardinal Drive, Vero Beach, Florida 32963, and Indian River Coln ty. a political subdivision of the Stalc Of l"tori.", l3uyer. of 1840 2.5" Street, Vero Dwell, Florida 32960. Tile Ptnclleise Price of $414,434.86)s allocated as follow: Land Taken $46,400,00 Constnlclion Costs 21,249.34 Lost Income 4,797.10 Lost Lot 17.3111),00 Lost Trees 13,467.77 Attorney Fees, (0 20.75 App", isai Fees 11.100.00 ------------- Grand Total, S114.434.86 The lxartiesagrec herewaUt that the Purchase Price represents Pa}'lnCnt Iia Fill] for tale right -of -Way and colupcnsalion for Sc trance Damages asid other costs neaessar}'to restore the grot'c flollctiolllalily. including tree removal, regrading, fill, the grove service road, ditches. drain pipes, irr'igat'ion. lost trees, and lost income. I-lte payutent amount also includes Payment In Full for ,•111 Attorney Fees and Appraisal Fccs incurred by Sellers andfor Sellers Attorney, and contpellsalion for loss of one buildable parcel dtle to the reduction ill land area, All murk required to resnove or replant trees. relocate the ditches, "rove service roads. drain pipes. etc, beyond [lie liew rig31t of-aa;a} lutes mall beat Sellers erpcnse, ;and Sellers hereby :acknowledge compensation is lucfuded in file Purchise Price above. 7'llis trork shell be collaltletcd no later lhalt December 31, 1499 so as io not delay lire 5WK Avenue Improvement Proircl cOnstrUcti011 cOmnlericelneut. Al a Illillillinnl, this work Shall include rctuot'ill Of tale trees its necessary, and conrplction of lite ditches and grove service ruads adjacent to the right -of -my. Al the lime of closing, Sellers agree to execute a Telnpornry Construction Faseusctit which shall be rto MOM than 25 feel in width along til" Cast and south sides of the Remainder Properly. life purpose of which is to protide access for forming sidewalks ll fair blending tate backslope bemeen the sidewalks and the new grove dilches, and for re- connctcling alae grtiwe �rdln:Tgc to ranfall structures or pipes as necessat7'. A leIbmain pli i will be prepared before file tiute of sing p . 3 IS-9� BuyerLv, �• f 1 , G �5ellcr:N(=-- nnel t R. ac It Bar ell, Jr. bateChairruan, Bd. Of ColttnusslonersBuycrl�/.C; + � W, . �SellerNtipre Da c liar en at t Right-t7f-Wi1 Agestt • +• ADDENDUM NO.2 TO CONTRACT IrUR SALE A PURCHASE Seller's property drains through discharge points located at the northeast corner of the property, the southeast comer of the property, and the southwest comer of the property. These discharge points empty drainage ditches on Seller's property by releasing the ditches' contents into the Main Relief Canal, generally located adjacent to and immediately Bast of 58' Avenue (King's Highway) and a second canal generally located immediately South and adjacent to 1211 Street. The drainage pipes are approximately AI inches AC) in diameter. The property being sold to Buyer includes or may affect both the drainage ditches and the discharge pipes referenced above. The purchase price paid by Seller includes compensation to replace the drainage ditches so that Seller's property continues to drain as it did prior to the sale. Buyer represents and warrants that any and all modifications to the subject property by Buyer shall not adversely affect or in any way burden the drainage of Seller's property and the property's continued ability to drain through the discharge pipes described above,. Should the discharge pipes be modified, improved, or otherwise made a part of Buyer's work, then Buyer agrees, at its sole expense, to replace said discharge pipes with pipes of an equal diameter and capacity as those which presently exist. The obligations set forth in this paragraph shall survive closing, 2. A portion of the property being sold to Buyer (generally described as the North 50 feet of the South 80 feet of Seller's East 19.8 acres of Tract 8) includes ornamental plants and palm trees. Seller, without obligation to do so, may remove so many of tile palm trees, ornamental ,plants and grass as they desire without affecting the terms of this Contract. `1'hc parties agree this provision is of no consequence to Buyer as a result of Buyer's intention to make improvements to the subject properly consisting of a road and road right-of-way. BVER: 4ennoth R. Macht Chairmart;:,Board of County Commissioners Datc• William M, Napier Right -of -Way Agent Hate: J/ZlPy SELLER; Abrahamj Barkett, Jr. Date: 3—S'19' Charlotte Barkett Date.. Iff ` 40 A Cc O A v O Usti rn ., I O C Q tv (o a 3 C 0 Ory N.� 4 3w a_ S 0 a � n N oa a �a (0� N a 3 , n z "Z co 71' a Q 4? n O 7 p 3 N a aw'M 0 �ro0°nom �? 3 ro chi V rip a'ma. Y p N p 6 O O m eU - t1, y. Q N o :� �" a C316 s" O[D p 5,0 r C �WV,a< f9 a. �W6 Ci � © cL 0 90 m ti� N R �p a �•o n u 7 Q N j ,N o0 �Qo �tojn � a. 00 0 0 m c,. o Cu (D p 0 0 �o•c, C0 0 ID Y0 T -u c a � a� O C] Y1 C Fn CL D � m _z ^[ a m io rNrt c� 0 z z a 00 x to w CA I 1) n C5 a a' 30' CANAL R/W w co 56' 114 Section Line & Tract Line r Gj ---.j — I '607.1'' (D� +512.9 607.57 7\ .127Hcq STREET � °° 1 p �ql 10 0 " 0 w a m k zr I ro owz10H3ca-33 4 i Icw Cb �y �a J o �°° I? W8a5cn J Gam} x- I 0 w pq V3 (D V FCS HH H w (-n �' o tOx1 � � `t' `I v �I � y to ca aa� '� i 1p10 I ��ot� M� I0 Z,✓xc �� ��7 C�IrT,rt`'n H©wMN`3 iN Q C7] I Ln X12 puctnw> 0Q ycn U1. I� r H H hi Jcn r�• "Na m 00 t'J PA [D ID N M LiCO I� I r0U 47 300 1 �n 70�1m0woSCA I co G+H nz- C OyC�p o W M r oocn aI n C) m(b i y V `� V I I V 607.5' (o. 80' 13 607. 56' (0.} t 56' _ Tract i ACRD D'NG, FILE: 58-125T.DWC 12--8µ97 EXHIBIT A C,, 0 612.66' Line ----' a IMITIA1. HERE - "' OMAI