EDWARD AND MARILYN C RASCH
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AGREEMENT FOR PURCHASE
AND SALE OF REAL ESTATE
THIS AGREEMENT, made and entered into this
;LtJ # day of
March, A.D. 1973, by and between EDWARD RASCH and MARILYN C.
RASCH, his wife, hereinafter referred to as Seller, and the CITY OF
CLEARWATER. FLORIDA, a municipal corporation, hereinafter referred
to as Purchas er ;
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 des cribed real estate situate in Pinellas County,
Florida, to wit:
Start at the Southwest corner of the Southeast 1/4 of the Northwest
1/4 of Section 8, Township 29 South, Range 16 East, and run North
along said 40-acre line 211. 63 feet for a Point of Beginning; thence
continue North 1,043.0 feet; thence run East 320 feet along the
South line of Lot 12, Block 10, Virginia Groves Estates, as re-
corded in Plat Book 47, Pages 41 through 43 of Public Records of
Pinellas County, Florida, and its Easterly extension; thence run
South 1,095 feet + to a point 60 feet North of the North line of
Seaboard Coastline Railroad; thence run Easterly 60 feet North of
and parallel to said North line of Seaboard Coastline Railroad to
West line of Wood Valley Subdivision, Unit 2, as recorded in Plat
Book 68, Page 45, of Public Records of Pine1las County, Florida;
thence South along said West line of Wood Valley to aforesaid North
line of Seaboard Coastline Railroad; thence Westerly along said
North line to Point of Beginning.
The total purchase price for said property shall be the sum of Sixty-four
Thousand Dollars ($64, 000.00) payable at the times and in the manner following:
$4,000.00 cash to be paid upon execution of this agreement, receipt of
which is hereby acknowledged, and the balance of $60,000.00 upon closing
which shall be on or before thirty (30) days from date hereof.
IN CONSIDERATION WHEREOF, Seller agrees to convey said property
to said Purchaser by good and sufficient Warranty Deed, with a fee simple,
marketable title, free and clear of all encumbrances of record.
Seller shall give to Purchaser within fifteen (15) days, an abstract
of title or title insurance, certified to the date of this Agreement or later,
evidencing a good record unencumbered title. Purchaser shall have fifteen
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{IS} days after delivery of abstract or title insurance commitment for
examination and acceptance thereof and/or to notify Seller, in writing, 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 Seller1s title is not good and marketable of record,
it shall have a reasonable time thereafter to perfect same, and if such defects
are not cured within such reasonable time, then Purchaser may demand the
return of all earnest monies paid by it and cancel this contract, or waive the
defects and accept the property without deduction on account of said defects.
If Purchaser shall default Wlder this contract, the earnest money deposit shall
be retained by Seller in lieu of liquidated damages and/or as rental.for the
premises.
Taxes for 1972 and prior years shall be paid by Seller, and taxes for
1973 shall be prorated as of date of closing. Seller shall affix the required
documentary tax stamps on the Deed, and Purchaser will record same.
This Agreement shall be binding on the heirs, ,executors, personal
representatives, successors and assigns of the parties hereto.
IN WITNESS WHEREOF, the parties hereto have set their hands and
seals the day and year first above written.
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Edward Rasch
(SEA L)
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aril)li C. Rasch
(SEA L)
SELLER
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FLORIDA
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As to P chas er
Attest: .'
Approved as to form & correctnes s:
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City Attorney ~/
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