HomeMy WebLinkAbout2917 2. (a) 4Jhenever General, its successors or ~ssigns, shall
notify Purchaser in writing that the pzemises are not in a reason-
able state of appearance and repair consistent with the general
appearance and stat~ of repair of the other properties within the
immediate vicinxty, the Purchaser shall accomplish #he required re-
pairs ar maintenau~ce set forth in said notice within fifteen (15)
days after receipt of same.
(b) If the Purchaser sha1T fail or refuse to •ccomplish
the required repairs or maintenance within th~ prescribed time,
General, its successors ar assigns, acting by and through its duly
authorized agents may c~me upon th~ premises for the purpose of
doing the necessary woxk; pravided however, tha' such work shall be
limited to yard maintenance in order to prevent a,n avergrown er
unkept appearance and to painting and minor repairs to the exterior
of the building or buildings situated on the premises in order to
prevent an unsigh#ly or unsa£e condition. .
(c) The Purchaser shall pay General, its successors or
assigns, within twenty {20) days after mailing by Genera~ of written
notice of the amount of cost or expease incurred by it in accom-
plishing the woxk requxred by the notice to repair and maintain;
pravided, furthgr, that the amount af money set f~rth in trie notice
of payment due shall include an allawance for overhead not to exceed
15~ of the actual out-of-pocket cost or expense incurred.
3. In the event th~ Purchaser shall fail or r~efuse to
make payment of any sum of money owing to G~neral, within ~wenty
(~A) days after the mai2ing by Genexal of written notification of
such payment being due, interest shall accrue on t3~e unpaid amount
at the maximum legal rate of interest in the State of Florida, ~end
General, its successors or assigns, may undertake collection of the'
sum which the Purchaser is oblic~ated to pay hereunder, togethez with
all costs of collection, including a reasonable attorney's fee.
~eneral, its successors or assigras, in addition to other remedies
prescribed by Flarida Zaw, may give notice to third parties that it
has acquired a lien against the property for said amount by filing
a Notice of Li.en am~ng the Public Recvrds of St. Lucie Coun~y, which
lien may be foreclosed at any time by the praceduxe specified for
the foreclosure of inechanics' os statutoay Iiens by the laws of
FZOYld21s
4. Any notice req~uired to given hereunder shall be
deemed sufficiently given if sent by registered or certified mail,
addressed tia G~neral at 2828 Coral Way, Miami, Florida, _and
addres~ed to the 1°urchaser at the address presently ~hown on the
records of General to be the address of the Purchaser, or at such
later address z~r addresses as G~neral or the Purchaser may here-
af#ex designate in writir~g ta the other.
S. This Agr~eme~t shall be bind~ng upon the undersigned
parties and theiY respective heirs, successors, persana~ represen-
tativ~s, administrators, ~xecutors anc~ assig,s, and shall be deemed
~ to be cavenants running wi.th th~ land.
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