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Agreement THIS AGREEMENT made and entered into this ?J reI day of A.D. 1957, by and between GLOBORO CORP., a F'lorida ~eRBs~~~aR~a corporation, party of the first part, hereinafter referred to as the Seller, and CITY OF MIAMI BEACH, a municipal corporation of Florida, party of the second part, hereinafter referred to as the City. WIT N E SSE T H For and in consideration of the sum of One Dollar ($1.00) heretofore paid to the Seller by the City, receipt of which is hereby acknowledged, and in consideration of the covenants hereinafter set forth, the parties hereto agree as follows: 1. The Seller will sell and convey and the Purchaser will purchase that certain parcel of land situate, lying and being in Miami Beach, Dade County, Florida, described as follows, to wit: The North twenty-six (26) feet of Lot Nine (9), all of Lots Ten (10) and Eleven (11), and Lot Twelve (12) less the North five (5) feet, Block Two (2), FRIEDMAN & COPE SUBDIVISION OF EDMUND WILSON TRACT, according to the Plat thereof recorded in Plat Book 4, page 83 of the Public Records of Dade County, Florida. 2. The Seller will, within thirty (30) ,days from the date hereof, furnish to the City, an abstract of title showing Seller's title to be good and marketable. 3. The Seller will thereafter convey said land to the Purchaser by good and sufficient warranty deed, free and clear of all encumbrances, except restrictions and limitations of record, common to the neighborhood; zoning ordinances of the City of Miami Beach, Florida; municipal improvement liens which may be pending, but not certified; an existing lease expiring on or about October 1, 1959, wherein one Israel Reiman is lessee, taxes for the year 1957, which shall be prorated as of the date of the closing of the transaction contemplated hereby. Rents, if any, to be likewise prorated as of the date of the closing of the transaction contemplated hereby. -1- OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39. FLORIDA 4. The City agrees to pay to the Seller the full purchase price of Eighty-five Thousand Dollars ($85,000.00) cash at the time of closing the transaction contemplated hereby, which shall be on November 1, 1957. 5. This agreement shall be binding upon the parties hereto, their heirs, successors and assigns. IN WITNESS WHEREOF, the City and the corporate Seller have caused this agreement to be signed in their names by their respective duly authorized officers, and their corporate seals to be affixed, all as of the day and year above written. (Corporate Seal) Attest: ~s~re~ GLOBORO CORP. ~ /(j' f"" ~ .. yf/i1L ./7 By rJ~ ~t-~/Z " res ent CITY OF, MIAeI EA,CH ,- () By N I Mayor v ;<:.. V.~- ~?' ~ Attest: STATE OF Penns'l vanLa ) COUNTY OF l~ar]br:La ) SS: I HEREBY CERTIFY that on this day personally appeared before me, an officer duly authorized to administer oaths and take acknowledgments, ::;;ar' Glosser , President, and Oella G. Coppersmith ,Secretary of GLOBORO CORP., a Pennsylvania corporation, to me known to be the persons described in and who executed the foregoing agreement, and severally acknowledged the execution thereof to be their free act and deed as such officers, for the uses and purposes therein mentioned, and that they affixed thereto the official seal of said corporation, and that the said instrument is the act and deed of said corporation. WI'l'NESS my signature and official seal at ,Jclmstuvvn. in the County of Cambria , state of j;iennsylvania Mv Comm:s~.;:;:, r . 1!!:~:'-',; 7),Or;j , the ?3rd day of :;a\ , 1957. NO~'~; 7~~~. -2- My Commission expires: JOHNSTOWi'l, ":~q' r COUNTY, PA. OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA