HomeMy WebLinkAbout1001 2. (a) Whenever General, its successors ox assign~, sh~ll
notify Purch~ser 3e writing that the premi~es are not in a reason~
able state of appeara~ce and ~epa~ir consistent ~ith the general
appearance and state of repair of the othez properties within the
immediate vicinity, the Purchaser shall accoa~plish th~ required re-
pairs or maintenance set forth in said notice within fifteen (15)
days after receipt of same.
~ (b) If the Purchaser shall fail or refus~ to accomplish
the required repairs or maintenance within the prescribed time, -
General, its successors a~r assigns, acting by ancY thraugh its duly
authc+rized agents may come upon the premises for the puxpose of
doing the necessary ~vork; Pzovided,~ h~owe_ver, that such work sha11 be
limited to yard maintenanc~ in order to prevent an overgrown or
unkept appearance and to painting and minor repairs to the exteriQr
of t2ae building or buildings situated on the premises in ordQr to
~revent an unsightly oz unsafe cond~tian.
(c) The Purchaser shall pay Gener~?1, its successors ox
assigns, withfn twenty (20) days after mailing by General of written
notice of the amount of cost or expense incurred by it in accom-
p].ishing the work required by the notice to repair and maintain;
Provided, further, that the amount of money set forth in the notice
of payment due shall include a?n alla~wance ~or overhead not to exceed
159~ of the actual out-of-pocket cast or expense incurred.
3. In the event the Purchaser shall fail or refuse to
make pay~ent of any sum of money oaring to General, within twenty
(20) days after the mailing by General of writ#en notification of
such payment being due, interest shall accrue +an the unpaid amount
at the max~mum legal rate of intexest in the State of F1oYida, and
General, its successors or assigns, may underta~e collection of the'
sum which the Purchaser is obligated to pay hereunder, together with
all costs of collection, including a reasonable attorney's fee.
General, its successars or assigns, in addition to other remedies
prescribed by Florida law, may give notice ta third parties that it
has acquired a lien against the property for said amount by filing
a Notice of Lien among the Public Recoxds of St. Lucie County, which
li~n may be foreclosed at any time by the procedure specified for
the fareclasuYe of inechanics' ar statutary liens by the laws of
~lorida.
4e Any notice ~equired to be given hezeunder shall 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 addres~ prese~tly shown on 4h~
records r,f Gen~ral to be the adciress of the Purchaser , or at such
later ac~dress ox addresses as General or the Purchaser may here-
after designate in writing to the other.
5. This Agreement shal.l be binding upon the unders~gned
partiQS and their respective heirs, successors, personal repres~n-
tatives, administrators, executors and assigns, and shall be deemed
to be covenants running with the land.
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