HomeMy WebLinkAbout2095 the subject prapert~~ hezein, and prior to acceptance thereof, GOLF
hereby grants to GECC a right of ~irst refusal to purchase said
proFer~y upon the same terms and condit~ons as sta~ed in the -
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~ contract for sale. For purposes of this Agreement, a bona fide
_ offer shall be a contract in wr~ting for the subject property sub-
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mitted by a purchaser who is not connected with GOLF in any manner ~
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whatsoever, the intent being that the offer of a purchase-is an - ~
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_ "arms-le;ly~h" ~i~er, and is not an offer created far the purpose ~
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of forcing a sale, and said contract is to be accompanied by_a ~
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deposit evidenced by Cash, Cashier's Check or Certified Check in ~
an amount equal to at least 5$ of the purchase price, all of which ~
shall be submitted to GECC at their offices hereinafter described. ~
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GOLF shall notify GECC of said offer in writing, by Certified Mail, ~
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Return Receipt Requested, and forc,~ard a~copy of the contract and ~
said evidence of deposit together with an Affid~vit from GOLF, ~
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which Affidavit shall state that the offer is bona fide and exist- ~
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- ing; then GECC shall have 30 days~from receipt thereof within cahich ;
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to purchase tYie subject property under-the same terms and conditions ~
as set forth in~the bona fide contract, and'GECC shall exercise ~
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its option to purchase by submitting to GOLF within said 30-day ~
period, in writing, accampanied by its funds as herein described ~
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~ to GOLF at its address hereinafter set forth. Upon receipt of - ~
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GECC's contract for purchase, GOLF shall have five days from the ~
receipt of said contract to accept same for purchase-from GECC, ~
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and return an executed copy of the contract to GECC. If GOLF
doe~ not accept the GECC contract, then the bona fide offer and
the GECC contract shall be of no force and effect. -
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~ Notw'ith5tanding anyting to iche contrary, GECC may re-
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~ _,fuse at 'its soTe option to exercise its.right of first refusal, . ~
- or~in the event GECC does not advise GOLF within 30 days of said
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puYchase agreement receipt, then GOLF is released from the_condi- ~ ~
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tions and c~vena??ts in this paragraph and may proceed to ~ontract
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-for said sale with the party submitting said purchase agreement.
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- - -2- BOOK239 P~~E209Q . ~
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GERALD S. JAMES, ATTORNEY AT LAW, POST OFFIGE BOX 3089. FORT PIERCE. FLOA.IDA 33d54, TEIEPHON6 305-461•2500 ~
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