HomeMy WebLinkAbout0777 2. (a) Whenever General, its successors or a~signs, shall
notify F~urchaser in ~riting that the premises are not in a reason-
able state of appearance and repair consistent ~ith the general
appearance and state of repair of the other proQerties within the
immediate vicinity, the Purchaser shall accomplish the required re-
pairs ox maintenance set forth in said notice within fifteen (15)
days after receipt of same.
(b) ~f the Purchasex shall fail or refuse to ~cc~mplish
the required repairs or maintenance within the preseribed time,
GenQrai, its successors ar assigns, acting by and thxough its duly
authorized age~ts may com~ upon the premi~es far the purpos~ of
doing the necessary work; provided~_however, that such work shall be
limited to yard maintenan~e in order to prevent an overgrown or
unkept appearance and to painting and minor repairs to the exterior
of the building or ~uildings situated on th~ p~~mises in order to
prevent an unsightly or unsafe candition.
(c} The Purchaser shall pay Ceneral, its successors or
assigns, within twenty (20) days after mailing by General of written
notice of the amount of cost or exper.se incurred by it in accnm~
plishing the work required by the notic~ to repair and maintain;
provided, further, that the amount af money set forth in the notice
~f pay~ent due shall include an allowance for averhead not to exceed
15~ of the actual out-of-pocket cost or expense incurred.
3. Ir the ev~nt the P~rchas~z shall fail or refuse ~o
make payment of any sum of money owing to General, within twenty
(20) days after the mailing by General of written notifi~atian of
such payment being due, interest shall accrue on the unpaid amount
at the ma3cimum leg~l rate of intexest in the State of Florida, and
General, its successors or assigns, may undertake collection of the~
sum whieh the Puxchaser is obligated to pay hereunder, together with
all costs af col3ectian, including a reasonable attorney's fee.
General, its ~uccessors or assigns, in addition t~ other remedi~s
p~escribed by ~lorida law, may give notice to thixd parties that it
has acquired a liQn against the property for said ~~ount by filing
a Notice of Lien among ~he Public ~ecords of St. Lucie County, which
lien may be foreclosed a# a~y time by the procedure specified far
the foreclosure of inechanics' ar statutary liens by the laws of
Florida.
Any notice required to t~e ~iven hereunder shall b~
deezned sufficiently given if sent by registered ~r certif~ed mail,
addressed to General at 2t328 Cnxal W'ay, Miami, Florida, ancl
addressed ta the Purchaser at the address presently showr~ on the
records af General ~o be the address of the Purchaser, or at such
later address or addresses as General or the Purchaser may here-
after designate in writing to the other.
5. This Agreement shall be binding upon the undersigned
parties and thexr respective heirs, successors, pepsonal represen--
tatives, administrators, executors and assig~s, and shall be deemed
to be covenants Yunning with the land.
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