Reso 2018-2890 - Laserfiche WebLink

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utilities and to construct a pedestrian bridge on 174 Street to connect the west and east sides of Collins Avenue. Further, the Seller hereby grants the Purchaser a temporary non-exclusive temporary construction easement in, over, under,through and across the easement parcel legally described in Exhibit "C" for the construction of the Pedestrian Bridge. This paragraph shall survive closing. 3. Purchase Price. The purchase price ("Purchase Price") to be paid at the Closing by Purchaser to Seiler for the Property and related easements shall be the sum of ON E MILLI ON FIFTY THOUSAND DOLLARS ($1,050,000.00). The Purchase Price is subject to credits, prorations, and adjustments as provided in this Agreement. 4. Security Wall and Landscaping. As a result of a portion of the Winston Towers 600 security wall being acquired, the Purchaser agrees to construct a wall within the property of the Winston Towers 600 to reconnect the Winston Towers 600 security wall. Seller hereby grants to Purchaser a license to enter Winston Towers 600 Condominium Association to construct the new wall. Once the new wall is constructed, Purchaser shall have no further responsibility regarding the new security wall. This paragraph shall survive closing . 5. Real Estate Taxes. Seller is responsible for all taxes due on the Property up to, but not including,the day of Closing. 6. Marketable Title. Seller is responsible for delivering marketable title to Purchaser. Marketable title shall be determined according to applicable title standards adopted by the Florida Bar in accordance with Florida Law subject only to those exceptions that are acceptable to Purchaser. Seller shall satisfy any encumbrances or liens at the time of closing. Seller shall be liable for any encumbrances not disclosed in the public records or arising after closing as a result of actions of the Seller. Seller agrees that it will not take any action after the execution of this Agreement which shall adversely affect the status of title to the Property. 7. Inspection and Testing. Purchaser, its agents, employees and representatives shall, upon reasonable notice, have access to the Property at all times prior to the Closing or earlier termination of this Agreement with full right to: (a) inspect the Property, and (b) to conduct any and all inspections, investigations and tests thereon, including, but not limited to, soil borings and environmental testing. 8. Closing Costs. The Purchaser shall be responsible for closing costs and such costs are subject to review and approval by Purchaser. 9. Closing. The Closing shall be held no later than thirty (30) days from execution ofthis Agreement At Closing, the Seller shall deliver to Purchaser the following documents with respect to the Property: (i) A special warranty deed ("Deed")executed by Seller; Page 2 of 6