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HomeMy WebLinkAbout1626 i F ~ ~ r ~ ~ ~2. (a) Wtlenever General, its su~cessors or assigns, shall notify Rarchaser in w=iting that th~ premi.ses are not in a reason~ able state of appearance and repair consistent with the general app~arance and state of repaiz of the other praperties within the immediate vicinity, the P~r~haser shall accamplish the requixeci re- pairs or maintenance set forth in ~aid notice within fifteen (15) days after receipt of same. (b) If the Purchaser shall fail or re~use ta accomplish the required repairs or maint~nanee within the prr~scribed time, GeneraZ, its successoxs or assigns, acting by and through its duly authorized agents may come upon the premises £or the purpose of doing the necessary work; provided~ however, that such wark shall be limited to yard maintenarce fn order to prevent an overgrawn or unkept appearance and ta painting and minor repairs to the exterior of the buildir.g or building~ situated on the premises in order to prevent an unsightly or unsafe condition. (c) The Furchaser shall pay General, its successors or as~igr~s, within twenty (2t3) days after maaling by General of written notice of the amount of cost or exper:s~ incurred by it in accom- plishing the work requi~ed by the notice to repair and maintain; Erovided, further, that the amaunt of money set forth in the notice of payment due shall include an allawance for overhead not to exceed 159~ of the actual out-of-pocket cvst or expense incurred, 3o In the event the Purchaser shall fail ar refuse to make paymer~t of any sum of money owing to General, within twer~ty {20) days after th;: maiifng by General of written notification of such payment beir.~g due, ~nterest shall accrue on the unpaid anount at the maximum legal zate of intexest in the State of Florida, and General, its suc^.es~ors ox assigns, may underta&e collection of the' sum which the Purchaser is abligated to pay hereurid~r, together with all costs of collection, ineluding a reasonable attorney's fee. General, its successors or assigns, xt~ addition ta othar remedies prescribed by Florida law, may give notice to third parties that it has acquired a lien against the property for said amount by filing a Notice of Lien amang the Public Records of S~t. Lucie Ccaurity, which lier may be for~closed at any time by the procedure specified for the fareclasur~ of inechanics' oar statutory Ii~ns by th~ law~ af ~loz~da. 4. Any notice requi~ed to be giveri hereunder shal~ be ~ deemed sufficiently 4iven if sent by xegistered or certified mai2, ` addressed to G~neral at 2828 Coral Way, Miami, Florida, and addressed to the Purchaser at th~ ~ddress presen~ly shov,rn on the ~ records of General to be the address of the Purchaser, ar at such ~ later address or addres~~s as General or th~e Purchaser may here~ ~ after designate in wri~ting to the other. ~ 5. This Agreement shall be binding upan the undersigiaed ~ parties and their respective tr~irs, successors! p~rsonal represen- tatives, administratars, e~cecutors and assig~s, and sha1.1 be dee~ed to be ~avenants running with the Iand. _2.. ~~~~K ~w0 424 ~