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GLORIA GAINES I I AGREEMENT FOR PURCHASE AND SALE OF REAL EST ATE THIS AGREEMENT made and entered into this d I day of fn~ , A. D. 1979, by and between the CITY OF CLEARWATER, FLORIDA, a municipal corporation, hereinafter referred to as "Seller", and GLORIA S. GAINES, whose address is 1114 Jackson Road, Clearwater, Florida, hereinafter referred to as "Purchaser"; WITNESSETH: That in consideration of the payments and covenants herein provided, and other good and valuable considerations, Seller agrees to sell and Purchaser agrees to buy the following described real estate situated in Pinellas County, Florida, to wit: Lot 233, Morningside Estates, Unit 2, according to the map or plat thereof as recorded in Plat Book 60, page 33, of the Public Records of Pinellas County, Florida, at and for the total sum of $10,010, payable at the times and in the manner following: $500.00 to be paid upon execution of this agreement, receipt of which is hereby acknowledged by the Seller, and the balance of the total purchase price of $9,510.00 shall be paid in cash upon closing which shall be on or before sixty (60) days from date hereof. IN CONSIDERATION WHEREOF, Seller agrees to convey said property to said Purchaser by good and sufficient fee simple deed, with a marketable title, free and clear of all encumbrances of record. Seller shall affix the proper documentary stamps on the deed, and Purchaser shall record same. Seller shall give to Purchas er within fifteen (15) days from date hereof title insurance commitment, certified to the date of this agreement or later, evidencing a good record, unencumbered title. Purchaser shall have fifteen (15) days after delivery of title insurance commitment for examination and acceptance ther eof, and/ or to notify Seller, in writing, ,/"" ' '"1 -1- j'1 /2-0~~ -;)5 "M ~. _.<1 I W' of any objections to said title. If no notification is received by Seller within said time, then said title shall be conclusively deemed to be acceptable to Purchaser. In the event Seller's title is not good and marketable of record, it shall have a reasonable time to thereafter perfect same, and if such defects are not cured within such reasonable time, then Purchaser may cancel this contract, or waive the defects. If Purchaser shall default under this contract, the earnest money deposit shall be retained by Seller in lieu of liquidated damages and/or as rental for the premises. This is a direct transaction between the Seller and Purchaser and neither party shall have any qresponsibility for the payment of a real estate commission. This Agreement shall be binding on the respective heirs, executors, administrators, successors and assigns of the parties. IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day and year first above written. CITY~: CLEA,~W~(~~FL~RIDA By t4t;.~,~./7{;7C?e-7 7"/'A'JCity Manager Attest: rt.. J .. ""'J ___ tv ~fl., '"'^ . J City Clerk ;. ..S~LER' Signed, sealed and delivered in the presence of: /1 ~ ~::!7 6, . . ~#J;?//~ As to rchaser " (i -_~>7t:,.~ I~; it~::. S~'cici{~?sa~'~K1LAJ1) (SEAL) -2-