CLEARWATER HOUSING AUTHORITY (3)
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AGREEMENT FOR PURCHASE AND SALE OF REAL ESTATE
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THIS AGREBfENT made and entered into this ID
day of FEBRUARY, A. D.
1982, by and between the CITY OF CLEARWATER, FLORIDA, a municipal corporation,
hereinafter referred to as Seller, and CLEAmJATER HOUSING AUTHORITY, 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 following described real estate situate in Pinellas County, Florida, to
wit:
PARCEL NO.1 - A Part of Block "A", Replat of CoachMan
Heights, a subdivision according to the Plat thereof as
recorded in Plat Book 20, Page 26 of the Public Records
of Pinellas County, Florida; And a part of the north
half of vacated Haven Street, being more particularly
described as follows: Commence at the northwest corner
of Block "C", said Coachman Heights; Thence N 00 52'
40" W along the east right-of-\-lay line of Prostlect
Avenue 20.00 feet to the Point of Beginning; r,ence
continue N 00 52' 40" ~.]' along said east right-of-~vay line
230.00 feet; Thence S 890 47'30" E 217.40' to a point on
the edge of the covered concrete sidewalk; Thence SOlo
02'14" E 229.22 feet to the centerline of vacated Haven
Street; Thence west along the centerline of said Haven
Street 218.02 feet to the P.O.B. Containing 1.15 acres
more or less.
at and for the total sum of $110,000.00, pay~ble at the times and in the manner
following:
$100.00 to be paid upon execution of this ag!eement, receipt of which is
hereby acknowledged by the Seller, and the balance of the total purchase price of
$169,900.00 shall be paid in cash upon closing which shall be on or before sixty
(60) days following HUD approval of a Request for Land Purchase Approval for
project FL-075-003; but in no event longer than ninety (gO) days from the 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 t~e proper docu~2ntary
sta~ps on the deed, and Purchaser shall record same.
Purchaser shall accept title subject to restriction of record comm0n to the
subdivision, zoning ordinances, public utility easements of record and e~croach-
ments indicated by survey; provided that none of the fo.egoin~ ~ateri~lly interferes
~ith the use of t~e pro~erty ?os a site for 3~s1sted elderly ~~usi~g.
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Seller shall give to Purchaser within twenty (20) 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
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 Seller's
title is not good and marketable of record, it shall have a reasonable time to
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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.
The Seller shall provide Purchaser within twenty (20) days from the date
hereof a survey of the above-described property. The foregoing legal description
may be amended to conform to the survey, if required.
This is a direct transaction between the Seller and Purchaser and neither
party shall have any responsibility for the payment of a real estate commission.
This Agreement shall be binding on the respective successors and assigns
of the parties.
The Agreement for Purchase and Sale of Real Estate dated September 8, 1981,
between the parties hereto is hereby cancelled and declared null and void and the
$100 paid by the Purchaser upon the execution thereof shall be refunded.
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the day and year first above written.
IN WITNESS ~~EREOF, the parties hereto have set their hands and seals
Countersigned:
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Signed, sealed and delivered
in the presence of:
~J1jJoL ~~
~~aUL~
CITY OF CLEARWA~~R, FLORIDA
By
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Attesd~;L~
.--City 'Clerk -
CLEARWATER HOUS~~G AUTHORITY
By &p#-~
Chai=man
Atteg _:~~
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