HomeMy WebLinkAbout2009-314 A TRUE COPY . .
CERTIFICATION ON LAST PAGEg
J . K . BARTON , CLERK � I G I N A
CSDI - Revised 06 / / 09 / 09 i (
STATE OF FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION
CONTRACT FOR SALE AND PURCHASE
THIS Contract for Sale and Purchase ( " Contract " ) is made
this day of , 20 - f by and between SELLER and BUYER
as follows :
SELLER : 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 State of Florida Department of
Environmental Protection ( " DEP " )
ADDRESS : State of Florida Department of Environmental Protection
Division of State Lands
Bureau of Public Land Administration
3900 Commonwealth Boulevard
Mail Station 130
Tallahassee , Florida 32399 - 3000
BUYER : Indian River County , a political subdivision of the State of
Florida
Address : 1801 27th Street , Vero Beach , Florida 32960
Phone : ( 772 ) 226 - 1234
1 . AGREEMENT TO SELL : SELLER hereby agrees to sell and BUYER hereby
agrees to buy in accordance with this Contract the real property that
is more particularly described in attached EXHIBIT " A " of this
Contract ( the " Property " ) .
2 . PURCHASE PRICE : BUYER hereby offers the following purchase price
for the Property in the amount of THREE HUNDRED SEVENTY - FIVE AND
00 / 100 DOLLARS ( $ 375 . 00 ) , which shall be paid by BUYER ' S check , made
payable to the State of Florida Department of Environmental
Protection , at the time of closing .
3 . TIME OF ACCEPTANCE : If this offer is not accepted by SELLER ,
this offer shall be null and void .
4 . CLOSING , EXPENSES AND POSSESSION : This Contract shall be closed
following approval by SELLER , and the deed delivered after execution
by SELLER . SELLER will deliver possession of the Property to BUYER at
closing . The following are additional details of closing :
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J . K . BARTON , CLERK
a . Time and Place : The closing shall be on or before 120 days
after SELLER ' S execution of this Contract . The date , time and place
of closing shall be set by DEP .
b . Conveyance : At closing , SELLER will deliver to BUYER a
fully executed quitclaim deed conveying the Property and any
improvements in " AS IS , WHERE IS CONDIT_ION , " without warranties or
representations , subject to a reservation in favor of the SELLER of an
undivided three - fourths interest in phosphate , minerals and metals and
an undivided one - half interest in all petroleum pursuant to Section
270 . 11 , Florida Statutes .
c . Expenses : BUYER shall be responsible for and pay all
closing costs associated with the Property including , but not limited
to , advertising costs , appraisal costs , survey costs , documentary
stamp tax on the deed , recording fees , abstract or title insurance
fees , and attorneys ' fees . BUYER shall reimburse DEP at closing for
any closing costs that are initially paid for by DEP . Any costs of
sale incurred by SELLER or by other parties on behalf of SELLER shall
be paid by separate certified or cashier ' s check made payable to the
State of Florida Department of Environmental Protection or an escrow
agent designated by DEP at the time of closing . SELLER may require
that the closing be processed by and through a title insurance company
or other closing agent , designated by DEP , and BUYER shall pay any
costs charged by such company or agent for this closing service . If
BUYER obtains a survey of the Property , nothing contained therein
shall affect the purchase price or terms of this Contract .
5 . REAL ESTATE TAXES , EASEMENTS , RESTRICTIONS AND ENCUMBRANCES :
BUYER agrees to pay all outstanding real estate taxes . BUYER agrees
to take title to the Property subject to any outstanding taxes ,
special liens or assessments , comprehensive land use plans , zoning ,
restrictions , prohibitions and other requirements imposed by
governmental authority ; restrictions , qualifications and matters
appearing on the plat or otherwise common to the subdivision ,
restrictive covenants , public utility easements and all outstanding
easements , reservations and other interests .
6 . WETLANDS : Any wetlands on the Property may be subject to the
permitting requirements of DEP or the applicable water management
district .
7 . CONDITION OF THE PROPERTY : BUYER acknowledges that it has
inspected the Property and agrees to accept the Property in " AS IS ,
WHERE IS CONDITION . " SELLER makes no warranties or representations
whatever as to the condition of the Property or any improvements
located thereon , or the fitness of either for any particular use or
purpose .
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Contract Number 32116
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CERTIFICATION ON LAST PAGE
J . K . BARTON , CLERK
8 . RADON GAS : Radon is a naturally occurring radioactive gas that ,
when it has accumulated in a building in sufficient quantities , may
present health risks to persons who are exposed to it over time .
Levels of radon that exceed federal and state guidelines have been
found in buildings in Florida . Additional information regarding radon
and radon testing may be obtained from your county public health
department .
9 . RISK OF LOSS : In the event of any substantial damage to the
Property ( in excess of $ 5 , 000 ) between the date of this Contract and
the date of closing , SELLER shall have the option of restoring the
damaged Property to its condition immediately prior to the occurrence
causing the damage , in which event , BUYER shall complete the
transaction as originally planned . If these repairs are not completed
prior to closing date , closing will be extended until such time as the
repairs are completed . If SELLER elects not to restore the damaged
Property , BUYER ' S sole remedy shall be the right to rescind this
Contract by giving written notice to SELLER or , alternatively , to
proceed to closing on the Property , as damaged , without adjustment in
the purchase price . In the event of any lesser damage ( $ 5 , 000 or
less ) , the parties shall proceed to closing as though no damage had
occurred .
10 . SUCCESSORS : Upon execution of this Contract by BUYER , this
Contract shall be binding upon and inure to the benefit of BUYER , his
heirs , successors or assigns .
11 . RECORDING : Neither this Contract nor any notice of it may be
recorded in any county by any person .
12 . ASSIGNMENT : This Contract shall not be assigned by BUYER without
the prior written consent of SELLER .
13 . TIME OF ESSENCE : Time is of the essence in the performance of
this Contract .
14 . AMENDMENTS : This Contract contains the entire agreement and all
representations of the parties . No amendment will be effective except
when reduced to writing signed by all parties . Notwithstanding the
foregoing , the parties acknowledge that the legal description of the
Property is based upon historic chain of title information , without
the benefit of a current survey . The parties agree that if , in the
opinion of SELLER , it becomes necessary to amend the legal description
to correct errors , to more properly describe the Property , 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
instruments required by this Contract for the Property shall be
revised by or at the direction of SELLER , and shall be subject to the
final approval of SELLER . Anything to the contrary hereinabove
notwithstanding , such a revision of the legal description of the
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Contract Number 32116
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CERTIFICATION ON LAST PAGE
J . K . BARTON , CLERK
Property shall not require a written amendment to this Contract . In
such event , the SELLER ' S execution and delivery of the closing
instruments containing the revised legal description and the BUYER ' S
acceptance of said instruments and of the final survey ( if any )
containing the revised legal description shall constitute a full and
complete ratification and acceptance of the revised legal description
of the Property by the parties .
15 . SURVIVAL : The covenants of this Contract will survive delivery
and recording of deed and possession of the Property .
16 . ACCEPTANCE OF OFFER : SELLER reserves the right to reject this
offer . Therefore , this Contract shall not bind SELLER , DEP or the
State of Florida in any manner unless or until it is approved and
legally executed by SELLER .
( Remainder of page intentionally left blank )
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Contract Number 32116
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CERTIFICATION ON LAST PAGE
J . K . BARTON , CLERK
The parties have caused this Contract to be executed on the
day and year first above written .
" SELLER "
BOARD OF TRUSTEES OF THE INTERNAL
IMPROVEMENT TRUST FUND OF THE STATE
OF FLORIDA
By : ( SEAL )
TITLE :
DIVISION OF STATE LANDS ,
STATE OF FLORIDA DEPARTMENT OF
ENVIRONMENTAL PROTECTION
APPROVED AS TO FORM AND
LEGALITY
BY :
DEP ATTORNEY
" BUYER "
INDIAN RIVER COUNTY , a political
subdivision of the State of Florida
By its Board of County Commissioners
BY
Title : Chairman
Peter D . O ' Bryan
Print / Type Name
APPROVED AS TO FORM
AND E (3AL SUFFICIENCY
3y 4
If
D F r t i 'TY COU E 4TY ATTO it,.rd F Y
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Contract Number 32116
A TRUE COPY
CERTIFICATION ON LAST PAGE
J . K . BARTON , CLERK
EXHIBIT " A "
LEGAL DESCRIPTION OF PROPERTY
The following described parcel in Section 23 , Township 31 South ,
Range 37 East , Indian River County , Florida :
Lots 25 , 26 , Blk 121 , Town of Fellsmere , less and except all
sovereignty lands .
BSM : �W�
DATE : 10 / 6/ 09
Page 6 of 6
Contract Number 32116
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Pa reelID OwnerNarne PropertyAddress
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Notes
STATE OF • . •
COUNTYINDIAN RIVER
THIS IS . -
A TRUE . CORRECT COPYOF
THE ORIGINAL ON
OFFICE
BY
DATE
• • 11 /4/2009