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of the assessment for the improvement made by the appropriate public body. <br />4.10. Default. If Buyer fails to perform any of Buyer's covenants set forth in this Contract, <br />the Deposit, if any, shall be paid to and retained by and for the account of Seller as agreed upon <br />liquidated damages and in full settlement of any claims whatsoever. If Seller fails to perform any of <br />Seller's covenants set forth in this Contract or fails to convey the Property when Seller is obligated to <br />do so in accordance with the terms hereof, Buyer shall have, as its sole and exclusive remedies, the <br />election of either (i) demanding and receiving a refund of the Deposit, if any, immediately or (ii) the <br />right of specific performance against Seller. <br />4.11. Severability. If any one or more of the provisions of this Contract is held invalid, <br />illegal or unenforceable, the remaining provisions of this Contract shall be unimpaired, and the <br />remaining provisions of this Contract shall be construed to best carry out the original intent of the <br />parties hereto. <br />4.12. Complete Agreement. This Contract evidences the complete understanding of the <br />parties hereto as respects the matters addressed herein. No agreement or representation, unless set <br />forth in this Contract, shall bind either of the parties hereto. <br />4.13 Notices. Notices to Seller and Buyer shall be deemed delivered (i) when hand <br />delivered, or (ii) one (1) business day following delivery to an express delivery courier, such as <br />Federal Express, or (iii) three (3) days following deposit in U.S. mail, certified, return receipt <br />requested. Notice shall be given to the following addresses: <br />To Seller: Sherwood Forest I, LLC <br />Attn: Margaret J. Casselberry <br />1201 Helen Street <br />Casselberry, FL 32708 <br />Sherwood Forest II, LLC <br />Attn: Leonard Casselberry <br />1201 Helen Street <br />Casselberry, FL 32708 <br />To Buyer: City of Casselberry <br />Attention: City Manager <br />95 Triplet Lake Drive <br />Casselberry, FL 32707 <br />4.14. FIRPTA - Right to Withhold. Seller agrees that Buyer may deduct and withhold <br />from the Purchase Price provided in Article II hereof, a tax in the amount of ten percent (10%) of the <br />amount realized (as that term is used in Section 1445(a) of the Internal Revenue Code) by Seller <br />pursuant to this Contract, except upon the occurrence of either (A) or (B) below: <br />(A) At or prior to Closing, Seller provides to Buyer a Certificate of Non -Foreign <br />Status or allon-USRPHC Statement described in and complying with Section 1445(b)(2) or <br />