HomeMy WebLinkAbout0207 the Optionee w~thin ten (10) days after the day of ~~'~r~+ ~3~4. ,
1965.
' S. Within fifteen (15) days after execution of this Option to
Purchase, the Optionor shall fux~nish, at her own costs and expenses, and
deliver tn 0'LAUGHLIN AND 0'LAUGHLIN, Attorneys, Z07 South Second Street, ~ort
Pierce, ~'lorida, an Absfiract of Title prepared by an Abstractor acceptable to
the aforesaid attorneys for the Optionee, showing goad and marke~able title to
said real estate. If the title in ~ee simple to said property, as shown by
said Abstract of Tit1e, is vested in EDITH W. ZUCItERMAN, and is free and clear
of and £rom all defects, liens, encumbrances, taxes (exeep~ 1965 State and
County taxes which shall be prarated) and assessments, then 0'LAUGHLIN AND
O~LAUGHLIN, as Trustees, shall pay to the Optionor, the balance awed on the
total purchase price, on or within thirty (30) days after approval of zoning
change, from Agricultural to Industrial, if nc~tice of elec~ion to purchase
has been given in accordance with Paragraph 3 hereof.
6. Upan performance by the Qptionee and ~he Optianor herein,
the Optionor sha11 execute and deliver to the Optionee a deed of conveyance
in the form of a Warranty Deed, with the usual covenants, and possession of
said property ~hall thereupon be delivered to O~LAUGHLIN AND 0'LAUGHLIN, as
Trustees, or their nominee. The Optionee wiZl reimburse the Optionar for the
expense of the documentary stamps for the deed.
7. This agreement shall be nu:11 and void ~i..n the event the
property is not made avail.able for Industrial use or in the event that~a soil
analy~is and -~opographic survey prove that the property is not suitable for
the construction of Industrial buildings. The Optionee shall have the right
with their employees and agents to enter on said lands and premises at any
time for the purpose of conducting the necessary soil analysis ai~d topographic
surveys.
8. If, upon examina~ion of the Abstract of Title as provided
in Paragraph 5 ab~ve, Exami.ning A~torneys do not find the title to be gaod
~ and marketable, they shall furnish their objections to the Ti~le, ~o the
Optionor, in writing within the said fifteen (15) day period. If no objections .
are forthcaming, title shall be conclusively presumed to be acceptable to
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O~~AUC)MLIN AND O~LAUCiMLIN, ATTOf1NC;~ LAW,A~~T PIERGE, F'LORIDA
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