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HomeMy WebLinkAbout0332 reservations or easements ~vhatsoever, save and except real property taxes for the year of closing, restrictions and easements of record, applicable zoning ordinances and other governmental or quasi-governmental enfities of the State of Florida. Upon receipt of the abstract, Seller shall deliver said Abstract of title to Buyer c/o Gerald S. James, Esquire, 206 1/2 South Second 3treet, Fort Pierce, Florida 33450. Buyer shall ~ - - ~ - have thirty (30) days after receipt of said Abstract of title ~vithin which"' to examine title to the property and to inform Seller of any defect or defects in Seller's title rendering it other than good, marketable and lilSil~~~3~~. ~'UyCI' S~ict~~ i1C)~ ii£3iiij ~c^~~£~I' C3~ ai:s V10.ITTi~~ ~i~fn~± ~r /~PFP~tC within said thirty (30) day period, then Seller's title shall be conclusively presumed to be good, marketable and insurable. Notice shall be given to Seller c/o Francis E. Schlax, Esq. , Meyers and Matthias, 230 ~fiest ~ Monroe Street, Chicago, Illinois 60606, Seller's attorney, in v~~riting by I ; registered mail, return receipt requested. In the event that title shall I ~ not be found to be good, marketable and insurable, then Seller shall be s , ~ required to use reasonable diligence to make his title good, marketable ~ and insurable, and Seller shall have an additional sixty (60) day period ~ beyond the closing date contemplated by this Agreement in which to render his title good, marketable and insurable. If, after the e~iration of this ~ ~ period the Seller cannot correct the title de~ect or defects so as to render ~ ~ ~ his title good, marketable and insurable then, and in that event, the Buyer, ~ at his sole option may require Seller to deliver title in its then existing ~a condition or demand the return of the deposit, and in this latter event, all ~ parties hereto shall be relieveci from further liability arising under this Agreement. . « ~ i3 ~ ~ ~la: " -3- 0 R ~e~ $ODK ~~O P~I~E ~3z f;~ ~ 5~ ~ ~ - - - ~ ' ~ r,a. ~ tr ~~-~-x-.~~~ ~ ~