HomeMy WebLinkAbout2865 2. (a) WheneveY General, its successdrs or aSSigns, shall
not3fy Purchaser in ~riting that the premises are not in a rea~on-
~ble state of appearance and repair consistent with the general
appearance and state of repair of the other properties within the
immediate vicinity, the Purchaser shall accnmplish the required re-
pairs or roaintenance set forth in saad notice within fifteen (15)
days after receipt of same.
(b) If the Purchaser shall f~?il. or refuse to a~ccomplish
the required repairs or maintenance within the prescrib~d time,
General, its successors ar assigns, acting by and through its riuly
authoxize~ agents may come upnn the p~emises for the purpose of
dofng the r~ecessary wark; ~rovided, however, that such wark shall be
limited #o yard maintenance in order to prevent an avergrown ar
unkept appearance and ~o painting and minor repairs to the exterior
of the building or buildings si4uated on the premises in order to
prevent an unsightly or unsafe candition.
(c) The Purchaser shall pay General, its successors or
a~signs, within twenty (20) days after mailing by General of written
notice of the amount of cost ox exper.se incurred by it in accem-
plishia~g the wo~k required by the notice to repair and maintain;
provided, further, that the amount ~f money set forth in the notice
of payment due shall include an allawance for overhead not to exceed
15~ of the actual out-of-pocket cost or expense ~ncurred.
3. In the event the PurchasQr shall fail or refuse to
make payment of any ~um of money owing to General, within twenty
(20~ days after the mailing by General of writ~en notificatiora of
such payment being due, interest shall a,ccrue on the unpaid amount
at the maximum legal rate af interest ~n the State of Florida, and
General, its successors or assigns, may undertake collection of the'
sum which ~he Purchaser is obligated to pay hereunder, together with
all costs of col~ection, including a aceasonabl.e attorney's fee.
General, its successors or assigns, in addition to other remedies
prescribed by Rlorida law, may give notice tv third paxties that it
has acquired a lien against the property for said amount by filing
a Notice of Lien among the Public Records of St. Lucie County, which
lien may be foreclosed at any time by the proceduxe specified for
the foreclosure of inechanics` or statutory liens by the laws of
F2oricla.
4. Any notice Y~quired ~to be given hereunder shall be
deemed sufficiently given if sent by xegistered or certified mail~
addressed to General at 2828 Cora1 Way, Miazai, Florida, and
addressed to the Purchaser at the address pgesently shdwri on the
records of Ger~eral to be the address of the Purchaser, or at such
later address or address~s as General or the Purchaser may here-
after designate in writing to the ather.
5. This Agreement shall be binding upon th~ undersigned
p~rties ar~d their respective heirs, successors, person~l represen~
tatives, administra~ors, execu~ors and assigns, and shall be deemed
ta be eavenants xunning with the lanc~.
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