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17-2995 Approving Contract for Purchase and Sale John Casselberry property
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17-2995 Approving Contract for Purchase and Sale John Casselberry property
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11/21/2017 4:07:51 PM
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11/21/2017 4:05:50 PM
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City Clerk
City Clerk - Doc Type
Resolutions
City Clerk - Date
10/30/2017
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Oct 24 2017 9:42RM HP LASERJET 3330 p.5 <br />Form 9'xnpticity <br />130 <br />131 <br />192 <br />1.33 <br />134. <br />159 <br />130 <br />197 <br />130 <br />lag <br />140 <br />14.1 <br />142 <br />143 <br />I'm <br />148 <br />146 <br />141 <br />148 <br />tie <br />ISO <br />101 <br />iS2 <br />153 <br />154 <br />1ss <br />Ise <br />W <br />159 <br />159 <br />150 <br />,&I- <br />162 <br />169 <br />e, <br />(t) Oan abanaa of tete, Prepared or brought ourml by an existing abstract firm or certified as correct by an <br />existing firm. However; If such an abstract Is not available to Salter, than a prior owner`s title policy <br />acceptable to the.proposed insurer as a base for reissuance of coverage may be used. The prior policy <br />MU thclude Copts$ Of all policy exceptions and an update In a format acceptable to Buyar from the policy <br />effective date and cerlilled to Buyer or Buysee closing agent together withi copies at ati documents <br />recited in the prier policy andin the update. If rwh an abstract or prior policy is not auallable to Seiler, <br />than (1) above will be the title eaWilemc <br />01) Title After receipt of the title evidence, SuysrwiB, within 10 dsya (to days if left blank) <br />b t.no-lalerihan Ctbdny Bebe, deliver written notice to 3aller of title defects.7nle will be deerned acceptable <br />to Btryerdf .(d) Buyer laps to deriver proper notice o1 delects or (IQ "r delivers proper written notice and <br />Boller _eurea the detects wllhin 30 days (30 days i1 tell blank) ("Cure Period") after receipt of The natfre.11 <br />the defat4s are cured within the Cure Period, closing will occur within 10 days after receipt by Bltyier of notice <br />of such Cure, Salter may elect not to pure defects if Seller reasonably believes any defeat Carmol be ourad <br />atlhin the Cure Perlod. 1f the defects are nal cured w)Ihin the Cure Period, Buy4w will have 10 days attar <br />recalpt o1 n411ce 61 Wer's InaWliy to cure the jdatecla to elect whether to twoninme this contract or accept <br />thin Subject to existing defects and close the transaction without reduction In purchase price. <br />(0) Burnley: Buyer may, at Buyses nirpense, have the Property surveyed and must deliver written notice to <br />Mile)% within $ days after receiving surrey but not later than 5 days before Qbsng irate, of any <br />encroachments on the Praparty, encroachments by the property's improvements onotaertands, or dead <br />mairIction or xonkV violations, Any such encroachment or violation will be treated 'in this same manner as a <br />till9 defect and Seller's and Buyer's obligations will be determined in accordance w11h Petagraph 7(n). <br />(d) ingress and Egress: Seller warranis that the Pmpgny premnity has ingress and egress. . <br />Property Condition: Salter will deliver the Property to Buyer a1 closing in he present "as is" condition, with <br />conditions resulting from Buyer's Inupsellons and casualty damage, k any, excepted. Seller will not engage In or <br />Permit any acli city That would materially alter the Propetty's rondftlon witileul the Bayer's prior written consent. <br />(a) In Wationg. ,Chirrek <br />(1) <br />W ONO Feasibility Stutiyd Buy®r Is satlaried that the Property is suitable for Buyer's purposes, Induding <br />being.sotistied•lhal either public sewerage acid watw am available to the Property or lherProperty will be <br />approvedYorihe insfaitation of a welt andior Ovals sowerage disposal system end that extattnp zoning <br />(9) X •• giBaribPxDt?ftt2toR_FEStafItIYS11JnP ' <br />%m Satler ll.�l ac;inowledge raceipt of a copy of this pag9, wlkch Is 3 of Ia pages, tie Ir F1W4 Rtaeow <br />
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