DAN R. AND MARION F. ILEY/WILBY F. AND NELLIE CLAIRE ANDERSON (2)
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EXTENSION OF OPTION
THIS AGREEMENT. made this 9th day of October, A.D. 1971, by and
between DAN R. ILEY and MARION F. lLEY, his wife, and WILBY F.
ANDERSON and NELLIE C. ANDERSON. his wife, hereinafter referred to as
"Seller", and the CITY OF CLEAR WATER, FLORIDA, a municipal corporation,
hereinafter referred to as "Purchaser";
WITNESSETH
WHEREAS. Seller is the owner of certain real estate situated in
Pinellas County, Florida, described as follows:
Begin at the Northeast corner of the Northwest 1/4 of
the Northeast 1/4 of Section 24, Township 29 South,
Range 15 East, thence S 00 l8!48" W along the 40 acre line,
532. 18 feet for a point of beginning; thence Southwesterly along
a curve to the left, whose chord is S 7702514011 W 102.69 feet,
and whose radius is 220.0 feet; and whose arc is 103.64 feet;
thence along the arc of a curve to the left whose chord is
S 42007'5011 W 14.86 feet, and whose radius is 20.0 feet and
whose arc is 15.22 feet; thence along the arc of a curve to the
left whose chord is S 10037126" W 141. 69 feet and whose radius
is 420.28 feet and whose arc is 142.38 feet; thence S 89004/52? E
135.95 feet; thence N 0008148" E along the 40 acre line, 174.82
feet to the point of beginning; also the following described tract:
Begin at the Southeast corner of the above described tract and
run thence N 89004152" W along its South boundary and along a
Westerly extension thereof a distance of 667 feet more or less to the
West boundary of the East Half of the Northwest Quarter of
Northeast Quarter of said Section 24; thence South along said West
boundary 630 feet more or less to the Southwest corner of said East
Half of Northwest Quarter of Northeast Quarter; thence East
along its South boundary of 667 feet more or less to its South-
east corner; thence North along its East boundary 630 feet more
or less to point of beginning; the Southerly portion of said tract
being subject to easement for right of way for Lakeview Road;
and
WHEREAS, the Purchaser entered into an option with the Seller under
date of April 9, 1971, to purchase said real estate; and
WHEREAS~)he$ha~r~e~ that this option be
additionalfti.L~dY"-day period; W
extended for an
NOW. THEREFORE. Seller, for and in consideration of the sum of
One Thousand Dollars ($1,000. OO} previously paid by the Purchaserfor said
original option, receipt of which is hereby acknowledged by Seller, does
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hereby grant to the Purchaser, its successors and a,ss~gns, at the purchase rls
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option, for and during the period of FliRet.[ (~Q.)-days from date he reof, the
right and privilege to purchase the above described property for the price of
Twenty-two Thousand Dollars ($22,000.00), good and lawful money of the United
States of America, payable as follows:
Balance due at time of closing with credit being given for
the $1,000 deposit paid for the option.
The exercise of this option by the Purchaser to purchase the afore-
mentioned property shall be by written notice to the Seller, said notice
shall be sent to 316 Jasmine Way, Clearwater, Florida, on or before the
expiration date of this option agreement, In case said notice is given by
mailing, the time of deposit of the same in a prepaid sealed envelope in a
depository for the receipt of the United States mail shall not only constitute
sufficient notice 0 the Seller of such action, but the time of such notice of
acceptance shall be, in such case, the time of delivery of the same in a
United States Post Office.
In the event the Purchaser exercises this option, the Seller shall,
within ten (lOl days of such notice, furnish to the Purchaser a duly certified
abstract of title or a title insurance commitment, showing good and clear
merchantable title of record to said property in the Seller, free and clear
of liens, encumbrances, rights, title or interests in others; however, the
cost of bringing the title to date from October 9, 1971, shall be paid by the
Purchaser. In the event said commitment or abstract shows defects, liens,
encumbrances, rights, title or interests not hereinbefore noted, the Seller
shall use diligent effort to perfect the title, and the Seller shall have a reasonable
-time therefor, not to exceed thirty (30)days.-
Within thirty (30) days after delivery of such title insurance commitment
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or abstract of titile to the Purchaser, the closing shall be consummated.
Conveyance shall be made by Seller by a good and sufficient Warranty Deed.
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Seller shall affix the proper documentary stamps on the Deed and Purchaser
shall record the same. Real estate taxes for year 1971 shall be pro-rated
but from October 9, 1971, said taxes shall be paid by the Purchaser. Provided,
however, should a defect in the title be found, then closing shall take place
ten (lOl days after the defect has been corrected. The closing shall take place
in the office of the City Attorney, City Hall, 112 S. Osceola Avenue, Clearwater,
Florida. If Seller does not perfect title or otherwis e fails to perform their
obligation thereunder, they shall promptly refund to Purchas er the $1,000. 00
paid for this option.
It is agreed and understood that if the said Purchaser, or its
successors and assigns, shall fail to exercise this option within the time
above mentioned, said Purchaser, its successors and assigns, shall forfeit
the said sum of $1, 000 paid to Seller for this option as hereinbefore acknowledged,
and all obligations of both parties hereto shall be fully discharged.
IN WITNESS WHEREOF J the parties hereto have hereunto set their
hands and seals to be affixed hereto on the date first above written.
Witnesses:
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As to Ileys
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.iF Dan R. Iley {/
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Marion F. Iley (j
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/~y F. LAnders on
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, Nellie C. Anderson
R, FLORIDA
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A ppr oved as
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t\.~L''\City jAttorne
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OPTION
THIS AGREEMENT. made this
~
~<<<< day of
wife, and
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, A. D.
1971, byandbetweenDANR. lLEY and MARION F. ILE
WILBY F. ANDERSON and NELLIE C. ANDERSON. his wife, hereinafter
referred to as "Seller", and the CITY OF CLEARWATER. FLORIDA, A
Municipal Corporation, hereinafter referred to as "Purchaser";
WITNESSETH:
WHEREAS, Seller is the owner of certain real estate situated in
Pinellas County, Florida, described as follows:
Begin at the Northeast corner of the Northwest Qu,,+rter of
the Northeast Quarter of Section 24, Township 29 South,
Range 15 East, thence S 00 18148" W along the 40 acre line,
532.18 feet for a point of beginning; thence Southwesterly, along
a curve to the left, whose chord is S 77025140" W 102.69 feet,
and whose radius is 220.0 feet; and whose arc is 103.64 feet;
thence along the arc of a curve to the left whose chord is
S 420 07150" W 14.86 feet, and whose radius is 20.0 feet and
whose arc is 15.22 feet; thence along the arc of a curve to the
left whose chord is S 10037126" W 141. 69 feet and whose radius
is 420.28 feet and whose arc is 142.38 feet; thence S 89004152" E
135.95 feet; thence N 0008148" E along the 40 acre line, 174.82
feet to the point of beginning; als 0 the following described tract:
Begin at the Southeast corner of the above described tract and <
run thence N 890 04'52" W along its South boundary and along a
Westerly extension thereof a distance of 667 feet more or less to the
West boundary of the East Half of the Northwest Quarter of
Northeast Quarter of said Section 24; thence South along said West
boundary 630 feet more or less to Southw~~~,! corner of said East
Half of Northwest Quarter of Northeast Quarter; thence East
along its South boundary of 667 feet more or less to its South-
east corner; thence North along its East boundary 630 feet more
or less to point of beginning; the Southerly portion of said tract
being subject to easement for right of way for Lakeview Road;
and
WHEREAS, the Purchaser desires an option to purchase said real
estate;
NOW. THEREFORE, Seller, for and in consideration of the sum of
One Thousand Dollars ($1,000. OO); duly paid by the Purchaser, receipt of
which is hereby acknowledged by Seller, does hereby grant to the Purchaser,
its successors and assigns, at the Purchaser's option, for and during the
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period of six (6) months from date hereof, the right and privilege to purchase
the above described property for the price of Twenty-two Thousand Dollars
1$22,000.00), good and lawful money of the United States of America, payable
as follows:
Balance due at time of closing with credit being given for
the $1,000 deposit paid for this option.
The exercise of this option by the Purchaser to purchase the afore-
mentioned property shall be by written notice to the Seller, said notice
shall be sent to 316 Jasmine Way, Clearwater, Florida, on or before the
expiration date of this option agreement. In case said notice is given by
mailing, the time of deposit of the same in a prepaid sealed envelope in a
depository for the receipt of the United States mail shall not only constitute
sufficient notice to the Seller of such action, but the time of such notice of
acceptance shall be, in such case, the time of delivery of the same in a
United States Post Office.
In the event the Purchaser exercises this option, the Seller shall,
within ten (l0). days of such notice, furnish to the Purchaser a duly certified
abstract of title or a title insurance commitment, showing good and clear
merchantable title of record to said property in the Seller, free and clear
of liens, encumbrances, rights, title or interests in others. In the event
said commitment or abstract shows defects, liens, encumbrances, rights,
title or interests not hereinbefore noted, the Seller shall use diligent
effort to perfect the title, and the Seller shall have areas onable time
therefor, not to exceed thirty (30) days.
Within thirty (3D)' days after delivery of such title insurance commitment
or abstract of title to the Purchaser, the closing shall be consummated.
Conveyance shall be made by Seller by a good and sufficient Warranty Deed.
Seller shall affix the proper documentary stamps on the Deed and Purchaser
shall record the same. Real estate taxes for year 1971 shall be pro-rated
at the time of closing. Provided, however, should a defect in the title be found,
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then closing shall take place ten (l0) days after the defect has been corrected.
The closing shall take place in the office of the City Attorney, City Hall,
112 S. Osceola Avenue, Clearwater, Florida. If Seller does not perfect
title or otherwise fails to perform their obligation thereunder, they shall
promptly refund to Purchaser the $1,000 paid for this option.
It is agreed and understood that if the said Purchaser, or its
successors and assigns, shall fail to exercise this option within the time
above mentioned, said Purchaser, its successors and assigns, shall forfeit
the said sum of $1,000 paid to Seller for this option as hereinbefore
acknowledged, and all obligations of both parties hereto shall be fully discharged.
IN WITNESS WHEREOF. the parties hereto have hereunto set their
hands and seals to be affixed hereto on the date first above written.
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As to Andersons
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Dan R. Iley
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Marion F. Iley
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. Nellie C. Anderson
Witnesses:
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A s to C' y.:
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Attest:
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Approved as to form &
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Ci y Attorney (
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