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HomeMy WebLinkAbout1535Any user or consumez of sewage service shall not be entitled to offset any bill or bills rendered by Utility for such service or services against the contributions. Developer shall not be entitled to offset the contributions against any claim or claims of Utility. 7. In the event Developer shall fail or refuse to pay to Utility within twenty (20) days of its maturity any sum provided to be paid by Developer to Utility under the terms of this Aqree- ment, specifically including the sums set forth in Exhibit."C," attached hereto, then Utility may, at its option, successively stop any work provided for under this~Agreement with respect to the Property, upon ten (10) days written notice to Developer accelerate to date of default the due date for payment of the contribution in aid-of-construction fQr lots then serviced, and then by additional written notice terminate this Agreement. Notwithstanding anything hereinabove to the contrary, if Developer defaults on payment of the sums set forth in Exhibit "C" for a period of twenty t20) days, then Utility may declare the entire sums set forth in Exhibit "C" immediately due and-payable, and collect such sums as provided by law or in this Agreement. However, Utility shall not terr.tinate this Agreement without first giving prior notice to all record mortgagees, as of the date hereof, or such other mortgagees that Utility, by written agreement recorded in the public records of St. Lucie County, Florida agrees to pro~•ide notice, and allowing such mortgagees to, within a reasonable period of time, cure the default. If at the time Utility elects to stop work, accelerate the payment of contributiens in aid-of-constrvction, or terminate this Agreement as authorized above, Utility has expended or obligated itself to expend sums, with respect to work for providing the sew- age facilities and services to the Property, in excess of the sums then paid by Developer to Utility, as contributions in aid-of con- struction, then Utility may recover from Developer, in any mar.ner provided by law, payment for all cost and expense in excess of the total amount contributed, and payment for all other damages due to the default of Leveloper to make the contributions as agreed. 8. Within a period of thirty (30) days after the execution of this contract, at the expense of Developer, Developer agrees to either deliver to Utility an Abstract of Title brought up-to-date, which abstract shall be retained by.Utility and remain the property of Utility, or to furnish Utility an opinion of title from a quali- fied attorney-at-law with respect to the Property, which opinion shall include a current report on the status of the title setting out the name of the legal title holders, the outstanding mortgages, taxes, liens and covenants running with the land. In the event the Developer elects to furnish an opinion from an attorney-at-law, then the Developer agrees to provide Utility, at the expense of Developer, a title policy or opinion of counsel or other evidence of• title satisfactory to Ucility in connection with all w3rranty deed conveyances of treatment plant sites. 9. The parties hereto recognize that prior to the ti.me Utility may actually"comme~ce upon a program to carry out the terms and conditior.s of this Agreement, Utility must obtain appro- val from various State and Local governmental authorities having jurisdiction and regulatory power over the construction, mainten- ance and operation of sewage facilities, if the Property is under franchise or certificate either assigned to Utility or vacated at Developer's expense. If the Property ~s not under franchise or ''`' 351 Pa~E 1531 -6- B'~~K.