Real Estate Sales Agreement - Spruce Street (Folio #51693520001) PROJECT: Surplus Properties
FOLIO NO: 51693520001
REAL ESTATE SALES AGREEMENT
THIS AGREEMENT made and entered into th•is p Md day
of Wckkeiri, 2021, by and
between the BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA,
hereinafter referred to as SELLER, and Karen Lanae Paustian hereinafter referred to as
BUYER.
WHEREAS, SELLER desires to sell, and BUYER desires to purchase, the property hereinafter
described, at the price and on the terms and conditions hereinafter set forth.
NOW, THEREFORE, in consideration of the recitals, the mutual covenants hereinafter set forth
and other good and valuable considerations, the receipt and sufficiency of which are hereby
mutually acknowledged, it is agreed by and between the parties as follows:
I. PREMISES. The real property, which is the subject of this Agreement, (hereinafter referred
to as "Premises") is located in Collier County, Florida, and described on Exhibit "A" attached
hereto and made a part hereof.
2. SALE and CONVEYANCE. SELLER agrees to sell and convey all of SELLER'S right, title
and interest in and to the Premises to BUYER, and BUYER agrees to purchase the Premises
from SELLER, at the price and upon the terms and conditions hereinafter set forth.
3. EXECUTION OF AGREEMENT. Execution of this Agreement by BUYER must occur on or
before March 15, 2021.
4. TITLE. Title to the PREMISES shall be conveyed to BUYER by Statutory Deed.
5. PURCHASE PRICE. The Purchase Price ("Purchase Price") for the Premises is Six
Thousand and Fifty Dollars ($6,050.00), payable by BUYER to SELLER. Concurrent, with the
execution and delivery to SELLER of this Agreement, BUYER shall pay to SELLER, as earnest
money hereunder ("Earnest Money") the sum of Six Hundred and Five Dollars ($605.00)_ The
balance, after credit of the Earnest Money and any prorations and adjustments, shall be paid by
BUYER to SELLER at closing of this transaction.
6. DISCLAIMER OF WARRANTIES. BUYER understands and acknowledges that BUYER is
purchasing the Premises in an "AS IS" condition and specifically and expressly without any
warranties, representations or guarantees, either express or implied, of any kind, nature, or type
whatsoever from or on behalf of the SELLER. The BUYER acknowledges and agrees that
BUYER, in entering into this Agreement and purchasing the Premises, is not relying on any
representations made by SELLER regarding the condition, future development potential, or use
of the Premises. BUYER further acknowledges that BUYER has made and/or has been given
an adequate opportunity to make such legal, factual and other inquiries and investigations as
BUYER deems necessary, desirable or appropriate with respect to the Premises. Without in
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any way limiting the preceding, BUYER acknowledges and agrees that he hereby waives,
releases and discharges any claim that he has, might have had, or may have against the
SELLER with respect to the condition of the Premises.
7. PRORATIONS, ADJUSTMENTS and CLOSING COSTS.
A. The following items shall be prorated and adjusted between SELLER and BUYER
as of midnight of the day preceding closing:
1. All installments or special assessments payable after the closing, whether for work
commenced as of the closing or otherwise, shall be paid exclusively by BUYER.
2. All other items required by any other provision of this Agreement to be prorated or
adjusted.
3. At the closing, the amount of proration and adjustments as aforesaid shall be
determined or estimated to the extent practicable and the monetary adjustment shall
be made between SELLER and BUYER. All such prorations and adjustment shall be
final.
B. BUYER hereby agrees to indemnify and hold harmless SELLER from and against
each obligation of SELLER for which, and to the extent that, credit has been given to BUYER at
the time of closing.
C. BUYER shall pay for all costs associated with this transaction including, but not
limited to transfer, documentary taxes, and recording costs for any curative instruments.
BUYER agrees to pay the cost of publication of the legal notice soliciting bids on the Premises.
SELLER shall pay the costs of recording the conveyance instrument.
8. DEFAULTS AND TERMINATION. If BUYER defaults hereunder, then provided SELLER is
not in default, SELLER's sole remedy shall be to terminate this Agreement by giving written
notice thereof to BUYER, whereupon the Earnest Money shall be retained by SELLER as
liquidated damages which shall be SELLER'S sole and exclusive remedy, and neither party
shall have any further liability or obligation to the other. The parties acknowledge and agree
that SELLER'S actual damages in the event of BUYER'S default are uncertain in amount and
difficult to ascertain and that said amount of liquidated damages was reasonably determined by
mutual agreement between the parties and said sum was not intended to be a penalty in nature.
If SELLER defaults hereunder and such default has not been cured within thirty (30) days after
Written Notice of such default to SELLER, and provided BUYER is not in default, BUYER may
terminate this Agreement, whereupon the Earnest Money shall be returned to BUYER within
thirty (30) days of receipt of Written Notice of default and neither party shall have any further
liability or obligation to the other. Notwithstanding anything contained in this Agreement to the
contrary, the foregoing shall be BUYER'S sole and exclusive remedy and shall preclude BUYER
from the exercise of any other remedy.
9. EXPENSES. Any and all costs and expenses incurred by SELLER in connection with this
transaction (excepting SELLER'S attorneys' fees and Real Estate Commissions, if any),
including, without limitation, recording fees, conveyance fees, public notice cost, documentary
and intangible taxes of every nature and kind whatsoever, shall be borne and paid by BUYER.
10. INTERMEDIARIES. Any and all brokerage commissions or fees brought about by the action
of BUYER shall be the sole responsibility of the BUYER. BUYER shall indemnify SELLER and
hold SELLER harmless from and against any claim or liability for commission or fees to any
broker or any other person or party claiming to have been engaged by BUYER as a real estate
broker, salesman or representative, in connection with this Agreement, including costs and
reasonable attorneys' fees incident thereto. This provision shall survive closing of this
transaction.
11. CLOSING. Closing shall take place during normal business hours at the County Attorney's
Office, Collier County Courthouse, 3329 East Tamiami Trail, Naples, Florida, 34112 or such
other location as SELLER may select, within 30 days from the date SELLER executed this
Agreement.
12. GENERAL PROVISIONS.
A. This Agreement, including all exhibits attached hereto and documents to be
delivered pursuant hereto, shall constitute the entire agreement and understanding of the
parties, and there are no other prior or contemporaneous written or oral agreements,
undertakings, promises, warranties or covenants not contained herein.
B. This Agreement may be amended only by a written memorandum subsequently
executed by all of the parties hereto.
C. No waiver of any provision or condition of this Agreement by any party shall be
valid unless in writing signed by such party. No such waiver shall be taken as a waiver of any
other or similar provision or of any future event, act or default.
D. Time is of the essence of this Agreement. In the computation of any period of time
provided for in this Agreement or by law, any date falling on a Saturday, Sunday or legal holiday
shall be deemed to refer to the next day which is not a Saturday, Sunday or legal holiday.
E. In the event that any provision of this Agreement shall be unenforceable in whole or
in part, such provision shall be limited to the extent necessary to render the same valid, or shall
be excised from this Agreement, as circumstances require, and this Agreement shall be
construed as if said provision had been incorporated herein as so limited, or as if said provision
had not been included herein, as the case may be.
F. Headings of paragraphs are for convenience of reference only and shall not be
construed as a part of this Agreement.
G. This Agreement shall be binding upon and shall inure to the benefit of the parties
hereto, and their respective heirs, executors, personal representatives, successors and assigns,
provided, however, that this Agreement may not be assigned by BUYER without the prior
express written consent of SELLER, which consent may be withheld for any reason whatsoever.
H. Any and all notices permitted, or required to be given hereunder, shall be in writing
and shall be either personally delivered to the party or shall be sent by United States mail,
postage prepaid, registered or certified mail to the following addresses. Any such notice shall
be deemed given and effective upon receipt or refusal of delivery thereof by the primary party to
whom it is to be sent.
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AS TO SELLER: Collier County Real Property Management
Attention: Toni Mott
3335 East Tamiami Trail
Naples, Florida 34112
WITH A COPY TO: Collier County Attorney's Office
Attention: Jennifer A. Belpedio, Assistant County Attorney
W. Harmon Turner Building, 8th Floor
3335 East Tamiami Trail
Naples, Florida 34112
AS TO BUYER: Karen Lanae Paustian
2216 Jackson Avenue
Naples, FL 34112
I. This Agreement shall be governed by the laws of the State of Florida.
J. This Agreement may be executed in any number of counterparts, any or all of which
may contain the signatures of less than all of the parties, and all of which shall be construed
together as but a single instrument.
K. Possession of the Premises shall be delivered to the BUYER at closing.
L. The word "Closing" or words of similar import as used in this Agreement, shall be
construed to mean the originally fixed time and closing date specified herein or any adjourned
time and date provided for herein or agreed to in writing by the parties, or any earlier date
permitted herein.
M. This Agreement is between SELLER and BUYER and no other party shall, under
any circumstances, be deemed to be a beneficiary of any of the terms and conditions to be
performed by SELLER pursuant to this Agreement.
N. All of the parties to this Agreement have participated fully in the negotiation and
preparation hereof; and, accordingly, this Agreement shall not be more strictly construed against
any one of the parties hereto.
O. Neither this Agreement nor any memorandum or evidence hereof shall be recorded
in any public records by BUYER. If so recorded by BUYER, this Agreement shall be deemed
ipso facto canceled and terminated, the Earnest Money shall thereupon be retained by or paid
to SELLER as liquidated damages for such default, and BUYER shall have no further interest in
the Premises, pursuant to this Agreement or otherwise.
P. Any prior agreements, representations, understandings or oral statements,
including, but not limited to rendering or representations contained in sales brochures, maps,
sketches, advertising or sales materials, and oral statements of sales representatives, if not
expressed in this Agreement, are void, have no effect, and have not been relied upon by
BUYER.
13. OTHER PROVISIONS:
A. SELLER has the right to maintain possession of the property until the date of closing
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as of
the day and year first above written.
AS TO SELLER:
DATED: 2
ATTEST: BOARD OF COUNTY COMMISSIONERS OF
CRYSTAL K. KINZEL, Clerk COLLIER COUNTY, FLORIDA
11(. G.A.A.A4
• By:
A,« � ' AI Deputy Clerk a ayl Chairman
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AS TO PURCHASER:
DATED: (9 11 -A0 9 0 eye 4 •
Karen Lanae Paustian
Wi e S (Signature)
Print NameJ/b9- c1i CFiJM ire /
nesS (Signature) 61124
Print Name: (lay Ma Q mit,Ay
Approved as to form and legality:
Jennifer A. Belpedio, As t County Attorney 'a\
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EXHIBIT A
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