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HomeMy WebLinkAbout0216 ~ . 2. (a) Whenever Ganeral, its success~ars or assigns, shall i~otify Purchaser in wsiting thaR the presisQS a?r~ not in a re~?son- able st~te of appea?rarce at~d rop~e?~r cc~aaistv~t with the qer~eral appearance and sta~ta of repair of the other pr~arties with3n the i~ediate vicinity, the Purchaser aha~Yl accaarplish the r~aquired re- pairs or ma?intenance set forth in said notic~ within fifteen (15) days ~?fter receipt of san~e. (bj If the Purchaaer s~all fail or refuse to a?c.:ompliah the required repairs or maintenance aithin the prescribad time, Gereral, its successozs ar ass3gr~s,.actfng by and through itffi duly authorized agents say come upon the pre~oises for the purpose of ~ daing the necessa~ry ~rork; pro,vided~~,ver ~ that such work sha~il be limited to yard ~na,intenance in ordez to prevent an overgro~m or unkept appeezance and to paintinq a~d mi~nor repairs to the ext~riox of the buiiding or buildings situated on the premises in order ta prevent an un~ightly or unsafe candition. (c) The Purchaser shall pay General, its successors or assiqns, within tarex~ty (20) days after mailing by General of aritten notice of the amount of cost or expens~ incurred by it in accam~ plishing the work required by the notice to xep~n?ir and maintain; Erovided, further, that the amount of money set forth in the noti.ce , of payment due shall include an allc~rance for overhead not to exceed 1596 of the actual out-of-poeket oost or expense incurred. _ 3. In the event the Purchaser shall fail or refuse to make p~yment of any sum of money awing to General, withit~ twenty (20) days after the mailing by General of written notifioation of such payment being da~, interest shall accrue an the unFaid amount at the maximum lega2 rate of interest in the State of F'lori~a, and Gener~?l, its successors or assic~s, ~?y undertal~e collection of the' sum which the Purchaser is obligated to pay hereunder, together with ~ all costs of collection, including a reasonable atto~rney's fee.. General, its su~ccessors or assigns, in additian to othez =emedies prescribed by Florida law, say give notice to third parties that it has acquired a lien against the propeaty !or said amount by filing a Notiae of I.ien among the Public Records of St. Lucie County, which lien may be foreclosed at any time by the proceduare specified for Yhe fareclasure ef inechanics` or statutory liens by the Iavos of Fl or i da . 4. Any notice required ta be given heYeund~r shal.l be deemed sufficiently given if sent by registered or certified mail, addressed to General at 2828 Coral~Way,~Miami, Florida, and addressed to the Purchaser at the address pxesently shovvn or the records of GenQral to be the address of the Purchaser, or at such later addzess or addre~ses as General or the Purchaser may here- after designat~ in writing to the other. 5. This Agreement shall be binding upon the undersigned parties and their respective heirs, successors, personal represen- tatives, administrators, executors and assig,s, and shall be deemed to be covenants running aith the land. -2- . d~K 2~~