HomeMy WebLinkAbout1511 of this transaction, Purchaser's entire deposit paid in escrow and any
other deposits paid to Seller shall be paid to~ the Seller or retained
by Seller as liquidated and agreed damages, the exact amount of damage
accruing to the Seller being incapable of ascertainment. Time is of
the essence in this Agreement as pertains to the payment of depos i t
monies as well as payment of final purchase price and closing costs.
B. If Seller defaults in the performance of any of the terms
and conditions of this Agreement and is unable or unwilling to cure
said default within a reasonable time and after reasonable diligence
on Seller's part, Seller shall cause the monies paid to be returned to
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the Purchaser, and thereupon all parties shall be released from al'1
obligations hereunder.
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C. Service of all notices with respect to termination and
retention of payments shall be trade by certified mail to Purchaser at
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the address given at the end of this Agreement, or at such other
address as Purchaser may indicate in writing to Seller subsequent to
the execution of this Agreement.
9. MISCELLANEOUS PROVISIONS:
A. This contract is also in consideration of the purchases
by all other unit owners in the subject building and shall be binding
upon the heirs, successors, executors and assigns of the respective
` parties.
B. Purchaser herein specifically authorizes the attorneys
for Seller to file and place among the Public Records of St. Lucie
County, Florida, all paper required to be filed by Florida Statutes,
in order to legally create and maintain in existence this condominium
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property. - ~
C. This Agreement is contingent upon acceptance of Purchaser
by Seller. A general investigation may be made to determine
Purchaser's general desirability, good character, habits and morals.
This Agreement may be terminated by Seller within forty-five (95) days
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based upon such investigation, without explanation and without ~ `
incurring any liability for such action except the return to the
Purchaser of deposit monies paid hereunder, less a reasonable charge
for the investigation expense. If notice of disapproval is not sent
to Purchaser within forty-five (45) days from execution .hereof by both '
parties, Purchaser will be deemed accepted. '~K~~ PdGf~
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