11-2248 City of Casselberry & Jean F. Hill Contract for Parcel 08-21-30-504-0000-00C0

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CONTRACT FOR PURCHASE AND SALE THIS CONTRACT FOR PURCHASE AND SALE ("Contract") is made by and between the CITY OF CASSELBERRY, FLORIDA, a Florida municipal corporation, (hereinafter referred to as "Seller"), with a principal address of 95 Triplet Lake Drive, Casselberry, FL 32707, and JEAN F. HILL, ('Buyer") with a principal address of 100 Valmora Drive, Casselberry, FL 32707. For and in consideration of a valuable sum in dollars, the premises and the mutual covenants and obligations created hereby, as well as other good and valuable considerations, Buyer agrees to buy and Seller agrees to sell the following described real property subject to and upon the terms and conditions set forth below. The effective date of this Contract (the "Effective Date") shall be the date upon which the last of Seller and Buyer shall have signed this Contract. ARTICLE I - PROPERTY The real property (the "Property") which is the subject matter of this Contract is Parcel Id. 08-21-30-504-0000-OOCO, and is more particularly described as follows: Lot C, Concord Woods Village, Section One, a subdivision according to the plat thereof recorded in Plat Book 22, Pages 72 and 73, of the Public Records of Seminole County, Florida. ARTICLE II - PURCHASE PRICE Purchase Price. The purchase price (the "Purchase Price") for the Property shall be Two Hundred Fifty and 00/100 ($250.00). ARTICLE III - CLOSING AND CLOSING DATE The transaction contemplated by this Contract shall be closed (the "Closing"), the Purchase Price applied to closing costs and the deed, and the exclusive possession of the Property, free of all occupants, shall be delivered to Buyer at Closing. The closing date shall be on or before 120 days following the Effective Date. ARTICLE IV - TERMS AND CONDITIONS The additional terms and conditions of this Contract are as follows: 4.1. Evidence of Title. Because the Buyer has only easement rights, the Property is being conveyed by Quit Claim Deed, with no warranties. Buyer shall,accept the title "as is" and the Buyer and Seller shall each be released from all further obligations to each other respecting matters arising from this Contract. 4.2. Survev. Buyer may, at Buyer's expense, obtain a survey of the Property (the "Survey") prepared by a licensed Florida land surveyor within the last thirty (30) days before closing, or in the alternative, an update of an earlier survey re -dated to a point in time within the last thirty (30) days which complies with the Minimum Standard Detail Requirements for ALTA/ACSM