RUBY MAE SULLIVAN
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AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY
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THIS AGREEMENT, made and entered into this
of _~~_~
, 1987, by and between the CITY OF CLEARWATER, FLORIDA,
a municipal corporation, hereinafter referred to as. "Seller," and RUBY MAE
SULLIVAN, 1151 PIERCE STREET, CLEARWATER, FLORIDA 33515, hereinafter referred
to as "Purchaser;"
WIT N E SSE T H :
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 real property ("Property"), situate in Pinellas County,
Florida, described as follows, to wit:
Lot 16, Block H, Fairmont Subdivision, according to the Plat
thereof as recorded in Plat Book 9, Page 85, of the Public
Records of Pinellas County, Florida.
Subject to any easements and restrictions of record.
1. Purchase Price. The total purchase price of the Property shall be
in the sum of Three Thousand Six Hundred Dollars ($3,600.00), payable in full
at closing, subject to adjustments and prorations.
2. Closing Date. The closing shall be within thirty (30) days
following the date of the full execution of this Agreement, but no later than
April 15, 1987, unless extended by other provisions of this Agreement. The
closing is contingent upon Purchaser and Seller closing on a sale of real
property, described as Lot Eleven (11) of the Janie Daniel's Subdivision, to
Seller upon the terms of a separate agreement of even date herewith.
3. Conveyance. Seller agrees to convey fee simple title to the
Property to Purchaser by statutory Warranty Deed, free and clear of all liens
and encumbrances, except those set forth in this Agreement, if any, and those
otherwise accepted by Purchaser.
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4. Title Insurance. Purchaser agrees to purchase at its expense a
title insurance policy from a Florida licensed title insuror and to obtain with
reasonable diligence, but not less than ten (10) days prior to closing, a
commitment for title insurance in the amount of the purchase price, which
commitment shall show a marketable, unencumbered, fee simple title to the
Property in the Seller, subject only to zoning, restrictions of record, taxes
for 1987 and subsequent years, and public utility easements; and to liens,
encumbrances, exceptions or qualifications set forth in this Agreement, and
those which shall be discharged by Seller at or before closing. The Purchaser
shall have a reasonable time after the delivery of said commitment for the
examination thereof and within said period but not less than ten (10) days
prior to closing shall notify the Seller in writing of any objections to said
title. If such notification is not given within the time specified herein,
then the title shall be conclusively deemed to be acceptable to the Purchaser.
In the event that the title of the Seller is not good and marketable, the
Seller shall have a reasonable time thereafter, but not more than one hundred
twenty (120) days from receipt of notice from the Purchaser, to make a diligent
effort to perfect the title; and if the defects are not cured within such time,
the Purchaser may either cancel this Agreement or waive the defects and accept
the Property without deduction on account of said defects.
5.' Brokers' Commissions. In the event that any broker is entitled to
payment of a real estate commission because of this transaction, any such
commission shall be paid by Purchaser.
6. Documents for Closing. Seller shall furnish deed, mechanic's lien
affidavit, and any corrective instruments that may be required in connection
with perfecting title, together with the closing statement.
7. Survey. Purchaser may obtain at its expense a survey. If the
survey shows any encroachment on the Property or that improvements intended to
be located on the Property encroach upon setback lines, easements, lands of
others, or violate any restrictions, covenants or applicable governmental
regulations, the same shall be treated as a title defect if brought to the
attention of the Seller not less than ten (10) days prior to closing.
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8. Expenses. The Purchaser shall pay for the documentary stamps to be
placed on the Warranty Deed and the costs for recording same. The Seller shall
pay only the cost of recording any instruments that may be required in
connection with perfecting the title.
9. Persons Bound; Agreement Not Assignable. This Agreement Shall be
binding on the parties hereto and their respective personal representatives,
heirs, executors, administrators, and successors. Neither this Agreement nor
any rights hereunder shall be assignable.
10. Agreement Not Recordable. Neither this Agreement nor any notice
thereof shall be recorded in the public records of Pinellas County, but this
Agreement shall be deemed a record available for public inspection in the
offices of the Seller pursuant to the Public Records Law of Florida.
IN WITNESS WHEREOF, the parties hereto have set their hands and seals
the day and year first above written.
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Approved as to form
and correctness.
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SELLER
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Ruby Mae Sullivan
City Attorne
WITNESSES:
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As 0 pur~r .
PURCHASER
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