HomeMy WebLinkAbout1703 . ~
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~ ~h~?11 delives to the.~~SS~~E, ao latsr tban !'I~!'T~~N 41Sj D~AYS ~~seaftes,
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~ sa Abstract at Titl~ bsought dowa to withia te~ (I0~ day~ o~ the dste at
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~ delive~?. ~bovvinQ the LESSOR'S title to the demised preiaises to be Qood
r . snd msrketable~ iive and ezcept bein~ subject to
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; s. The ter~aa af •tbis 99 year lease. • _
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; .i ~ ~ b. Conditions. linaitatioa~, rest~dctioaa, ~?nd ease~aent~ ot ~
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. _ c. Zoning Ordin~?nce• af the Cily at' Fost Plesce, Florids
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- . d. Taxe~ #os the then curseat yesr, aad thesesftes witbiL
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~ _ _ TH~ATY ~30~ DAYS ~rom delivesy of aach potiae~to purcb~?se to the .
~ LI~S~ or I~SSEE'S attorney. the ssle af the detuised premisa~.~~11 be .
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_ ~ ~ cQas~urmaated by the LESSEE paying to- tha 1+ESSOR the sforesaid FIY~
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~ THOUSAND (~5; 0~0.00) DOLLAliS plus NINE THOUSAND-FtVE HUNDRED '
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, (~9, 50t?.00~ DOLLARS as casb due at cloaiag upoa the LE.SSOR delivering ~
~ ~ to the I.FSS~EE s Warran Dee~ coave ~ a ood snd marketable title to .
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i ~ ` the demiaed premisea sub,~ect oaly a• sbov~ set forth psavidad thut if, ;
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. ~ upoa examination of said Abstract of Title. ths LESSOA'S titie shsil not be ~
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foaad goiand marketabie, the LE.SSOR aball hsve s reasonable t~me, aot ,
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. a~cceediag NII~IETY ~90j DAYS froaaa receipt af Nrrittea notice froc~ the
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. I.ES.SEE c~f the dofect or objection to th4 I~'.SSO~~S t3tle ia vvbich to mskp
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i . 4, said title good and mas&etable. If vvaiithia such DIINETY 490~_ DAY period -
~ - the title cannot be =nade good and msrketable~. then tha LESSEE shall hsv~
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~ _.j~ ths rigbt snd privi2ege to accsgt the title ia ita then e~d~tiag condition or _
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' in the slternative~ the propoaed ssle uader tLia op~ioa ~ha1l fail, the
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i . I.ESSO~R ~hall ratura to the LESSEE tbe TIYE THDUBAND t~a 000.00~ -
; . ~ DOLLARS binder psyment. It shall be the duty aad ~obtig,sti~oa of th~ I~380$
{ ' ~ to sffis to the Warranty Deed to the LESSEE say sad all docua~anta~ry stsaips :
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~ ~ required by the State af Florida and/or the United 8tstes Govera:aeat sdd
# LES3EE shall affix the State Docuiaentsry Stsmps to the Pramiasory Note
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~ . • to be ~ivea LF.S80R. Thi• optior~ and the privile~e~ sad ri~ht~ flowin~ sad _
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; . ~ accruia~ to the T~'~ theseuader shsll, of, cous~e. inus~ to the benafit .
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F ! : o~ say sssignee ot ths os ~?ay. ~u~queut assi~ee by virtue od -
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; aa~ sASi~nmeat o~ this lea~e msde bry~ the I~S~ os sn~ sab~equent s~~i~oe~ -
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+ ~ pursusnt to the terrr~s and coadit~oos oE t~s leare. - .
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