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<br />2. Title Ooinion/Certification. The City will secure, at the expense of the Owner/Developer, <br />prior to the execution and recording of this Agreement, a title opinion of an attorney licensed in Florida, or a <br />certification of an abstractor or title company authorized to do business in Florida, showing marketable title to <br />the Subject Property to be in the name of the Owner/Developer and showing all liens, mortgages, and other <br />encumbrances not satisfied or released of record. In the alternative and at the option of the Owner/Developer, <br />the Owner/Developer will provide to the City, in advance of the execution of this Agreement, a title opinion of <br />an attorney licensed to do business in Florida, or a certification of an abstractor or title company authorized to <br />do business in Florida, showing marketable title to the Subject Property to be in the name of the <br />Owner/Developer and showing all liens, mortgages, and other encumbrances not satisfied or released of <br />record. <br /> <br />3. Subordination. Unless otherwise agreed to by the City, all liens, mortgages, and other <br />encumbrances not satisfied or released, must be subordinated to the terms of this Agreement. It shall be the <br />responsibility of the Owner/Developer to promptly obtain the said subordination, in form and substance <br />acceptable to the City Attomey, prior to the City's execution of this Agreement. <br />4. Petition for Annexation. The Owner/Developer, in consideration of the City's agreement to <br />extend, or permit the extension of, municipal water (if applicable: and sewer) service to the Subject Property, <br />does hereby apply to and irrevocably petitions the City for annexation of the Subject Property into the City, in <br />accordance with all rules and regulations applying to such annexation, and in compliance with the City's <br />ordinances and policies relating to the annexation and zoning of the Subject Property, at such time as it <br />becomes legally possible to annex the Subject Property into the City. The Owner/Developer agrees that its <br />petition for annexation is irrevocable. <br />5. Temoorarv Seotic Tank. ( If sewer service is not available - availability is defined bv Sec. <br />86-31lc)(2) ofthe City Code) It is acknowledged thatthe City's sanitary sewer service is not presently available <br />to the Subject Property, and that the Subject Property may presently be served by a septic tank located on the <br />Subject Property. It is further acknowledged that the utilization of the septic tank is temporary only until such <br />time as sanitary sewer is available to the Subject Property. <br />6. Future Sewer Connection. (If sewer service is not available) At such time as the City <br />extends sanitary sewer to the Subject Property [City's Code of Ordinances Section 86-31 (c)], the <br />OwnerlDeveloper shall, at the OwnerlDevelope~s expense and within thirty (30) days written notice from the <br /> <br />Annexation Agreement <br />Commercial and/or Residential Properties (greater than 1 unit) <br />Page 2 <br />