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HomeMy WebLinkAbout2009-105 ADDENDUM 42 TO AGREEMENT FOR SALE AND 13UI C11AS1 (THE AGREEMENT) SELLER ; David Godwin BUYER : Indian River County , Florida , Board of County C0111IIIISs10nC14s YROPF. R'1' Y ; 5835 85 "' Sheet ( aka County Road 510 ) , Vero Beach , Florida ' Phis Addendum is made pursuant to that certain Agreement to Purchase and Sell Real Estate wbercin the above named parties are Seller and Buyer respectively , for the real property located in Indian River County , Florida , as described above , and in furtherance of the provisions of the Contract , the parties do hereby agree as follows : -A , 1 . " I'hc Closing Date shall be amended to read on or before a r 1 2 . Seller can not provide Buyer with marketable title pursuant to the Aglscement to Purchase and Sell Real Estate . Seller can provide Buyer with marketable title to 7 /9 interest in the property . Buyer hereby agrees to accept from Seller a Warranty Deed for 7 /9 interest in the property and a Quit Claim Deed for the remaining 2 /9 interest in the property , knowing that the rema ► llmg 2/9 interest shall be conveyed in an unmarketable disposition with potential claims attached . The 2 /9 unmarketable interest shall remain as an exception on the title policy . 3 . Buyer hereby releases Seller f om any and all liability for claims related to the subject property , including but not limited to claims against the title . 4 . Buyer agrees to pay for the probate fees and title costs associated with clearing the title to the subject property . Such costs shall not exceed $4 , 000 . 00 and shall be paid at closing . 5 . All other terms and conditions of the Agreement remain in full force and effect . S14,t I . L' h : J DA`14'i t C C K) VID , ODWIIN f BUS{ I ; R : INDIAN RIVf K COUN `I� FI_, ORIDA , BOARD OF COUN "fY COMMISSIONERS DA`T' E : Wri 1 14 2009 13y Wesley Tia s , Chairman APPROVED AS TO K4 AN L S FF1 N Y/�""",� F g r _ WILLIAM K . DEBRAAL DEPUTY COUNTY ATTORn ' > 'd A "l "1' 1 ? S "f : J . K . Barton , Clerk DATS : ril 14 2009 ---- Deputy Clerk INDIAN RIVk; R COUNTY ADMINISTRATOR 3 DA'I' S : April 14 , 2009 _- cph A . 3aird Approved as to Corm and Legal Sufliciency : Deputy County Attorney I, : A131ock Directory \ CLiGNT ll1121 C'I' ORY \ G11 U N , DAV11) G, 0DWIN .1RC 1 .OT 5 - 28320136 \ DOCUMI ; N 'fS \ A� lilcucluui it2 to Contu&act_ Wpd