Loading...
HomeMy WebLinkAbout2001-045n This Amendment to Option Agreement for Sale and Purchase isentered into this 2plh_day of _ ryy , 2001, by and between INDIAN IUVER COUNTY, a political subdivision of the State of Florida, as "Seller" and the BOARD OF TRUSTEES OF THE INTERNAL IMPROVEMENT TRUST FUND OF THE STATE OF FLORIDA, by and through its agent, the Division of State Lands of the Florida Department of Environmental Protection as "Purchaser." WHEREAS, the parties hereto entered into an Option Agreement For Sale And Purchase dated as of August 31, 2000, (the "Option Agreement"), for the conveyance of the real property described in Exhibit "A" of the Option Agreetnent(the "Property); and WHEREAS, in paragraph 16 of the Option Agreement, Seller warrants that there is legal ingress and egress to the Property; and WHEREAS, it has been detcrtrtined that the ingress and egress casement recorded at Official Records Book 0776, page 1148, Public Record of Indian River County, Florida does not touch or connect with the portion of tile property to which it was intended to provide ingress turd egress; and WHEREAS, a portion of the property does riot have lural ingress and eg ress; and WHEREAS, the panics hereto wish to runcnd the Option Agreement to provide legal ingress and egress to and from the Property, as was contemplated in the Caption Agreement. NOW, THER1uh`O E, in consideration of tfae premises and the mutual covenants herein contained, the parties agree as follows: 1. The legal description in Exhibit "A" attached to the Option Agreement shall be amended prior to the exercise of the option in order to grant full rights of ingress and egress dor public use over a portion of the lands described in Exhibit "B" attached to this Amendment and over that certain easement recorded in Official Records Book 0776, page 1148, public Records of Indian River County, Florida to that portion of the Property located on the west side of Sebastian Creels, Said easement shall be 60 feet in width, and the parties shall mutually agree 4n the location of said easement prior to the exercise of the option. 2. The following language will replace the language in paragraph 24 of the Option Agreement: "Phis Agreement contains the entire agreement between lire parties pertaining to the subject matter contained in it and supersedes all prior and contemporaneous agreements, representations and understandings of tire parties. No supplement, modification or amendment to this Agreement shall be binding unless executed in writing by the parties. notwithstanding, El the foregoing, the parties acknowledge that the legal description contained in Exhibit "A" was prepared based upon historic chain of title information, without the benefit of a current survey of the Property. The parties agree that if, in the opinion of DSL, it becomes necessary to .upend the legal description of the Property to correct errors, to more properly describe the Property; to cut out portions of the Property affected by title defects unacceptable to Purchaser or which cannot be dtnely cured by the Seller, or to otherwise revise the Legal description of the Property, the legal description to be used in the Survey (if any) and in the closing instrumcrnts required by this Agreement shall be revised by or at the direction of DSL, and shall he subject to the final approval of DSL. Anything to the contrary hereinabove notwithstanding, such a revision of the legal description of the Property shall not require a written amendment to this Agreement. in such event, the Seller's execution and delivery of the closing instruments containing the revised legal description and the Purchaser's acceptance of said instruments and of this. final Survey (if any) containing the revised legal description shrill constitute a full and complete ratification and acceptance of the revised legal description of the Property by the parties. Seller acknowledges that the Trustees have made various delegations of power for the purpose of land acquisition, and not all representatives of the Trustees or the DSL have authority to act in all situations. Consequently, this Agreement may be terminated by the Trustees only in writing signed by the person or persons who signed this Agreement on behalf of the Trustees or that person's successor." 3. The terhls, of this Amendment shall be binding; upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors and assigns. 4. Except as expressly set forth herein, the Option Agreement shall remain in full force and effect and is hereby ratified and confirmed as ofthe Amendment date. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals on the clay first above written. JX BARTON CLERK CIRCUIT couRT ATTEST: _ Nam2✓ AfF l--tov D As TO ropW MD L GAt 5Ui'Fl/ill l:uY, By Yh(It_LlAt r U. DEPUTY COUNTY ATTOi41'GY SELLER INDIAN RIVER COUNTY, a political subdivision of the State of Florida Caroline D. Ginninan Board ofCounty Commissioners February 20, 2001 Date Signed by Seller