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Agreement "- THIS AGREEMENT. made and entered into this loth day of April 1961, by and between ABRAHAM CANDIB and NORMA CANDIB, his wife, parties of the first part, hereinafter referred to as the "Sellers" and the CITY OF MIAMI BEACH, a Florida municipal corporation, party of the second part, hereinafter referred to as the "City", WITNESSETH: That for and in consideration of the sum of Ten ($10.00) Dollars and other valuable consideration, in hand paid by the UCity" to the "Sellers", the receipt whereof is hereby acknowledged by said "Sellers", and in consideration of the mutual covenants hereinafter set forth, it is agreed between the parties hereto as follows: 1. The "Sellers" agree to sell and the "City" agrees to purchase, at the price and upon the terms hereinafter set forth, those certain parcels of land situate in the City of Miami Beach, Dade County, Florida, described as follows, to wit: Lots 9, 9A, 9B and lOA of Block 3, OCEANSIDE SECTION, ISLE OF NORMANDY, according to the plat thereof, recorded in Plat Book 25, page 60 of the public records of Dade County, Florida. 2. The purchase price for said land shall be Sixty- nine Thousand, Three Hundred and 00/100 ($69,300.00) Dollars, payable as follows: Cash at the time of the closing of the transaction contemplated hereby in the sum of Twenty-three Thousand, One Hundred and 00/100 ($23,100.00) Dollars and a purchase money mortgage for the balance of the purchase price securing the following notes: A promissory note in the sum of Twenty-three Thousand, One Hundred and 00/100 ($23,100.00) Dollars payable one year after the date of closing of the transaction contemplated hereby, and a promissory note in the sum of Twenty-three Thousand, One Hundred and 00/100 ($23,100.00) Dollars, payable two years from the date of closing of the transaction contemplated hereby, said notes to bear interest at the rate of four and one-half (4~) percent per annum, payable semi-annually. - 1 - 3. The "Sellers" agree to furnish to the'''City'', within thirty days from the date hereof, an abstract of title showing the fee simple title ,to said land to be in the "Sellers" and to be a good and marketable title and the transaction contemplated hereby is to be closed not sooner than May 17th, 1961 nor later than May 22nd, 1961. 4. The "Sellers" will convey the said property to the "City" by good and sufficient warranty deed, subject only to restrictions common to the neighborhood, zoning ordinances of the City of Miami Beach, Florida, and taxes for the year 1961, which taxes are to be pro-rated as of the date of closing of the transaction contemplated hereby. 5. Certified municipal improvement liens are to be paid by the "Sellers" and pending municipal improvement liens are to be assU1lled by the "City". IN WITNESS WHEREOF, the parties of the first part have hereunto set their hands and seals, and the party of the second part has caused these presents to be signed in its name by its duly authorized officers, and the corporate seal of said corporation to be hereunto affixed, as of the day and year first above written. In Presenc ~ :{ at~ G,-~ \ c j;~"'vn<e<-, L~~ ..11- (Seal) lJz'tL-1,~t ak~?-- . ~ 1 f -t,..- ..., C .......-.-/ S 0 A ra am and Norma Candib (Seal) :fi 'JrCH Mayor - 2 - STATE OF NJ/kr 1'11",",,\ COUN'l'Y OF Cf..)Jt h-r' } SS.: I HEREBY CERTIFY that on thls day personally appeared before me, an offlcer duly authorlzed to adM1nlster oaths and take acknowledgments, ABRAHAM CANDIB and NORMA CANDIB, hls wlfe, to me well known to be the persons described in and who executed the foregolng agreement, and acknowledged before me that they executed the same freely and voluntarl1y for the purpose therein expressed. WITNESS my hand and offlclal seal ln the County and State aforesald, thls I~ day of ~ 1961. ~ ~~..~;;; ary Pub c, ate 0 ew York At Large LOUIS eRtrHAuE~ ~ry Public, State 01 New Y.otk No. 41.5442880 My commlsslon expires: lh"alified in Queens County J;Om r.:.~lun E;,A.JUl:~ 1'flet.",I. 36, 1962 WE agree to pay to L. W. PATTON, Real Estate Broker of 913 Normandy Drive, Miami Beach, Florida, as his commission for finding a purchaser for the hereto- fore described real property the sum of Five Percent (5%) of the sales price which is $EJ, 300 .00. We further authorize that the brokerage commission be disbursed directly to L. W. PATTON at the time of Closing. !fiv-.~. t-_ C~--'C\.r--.J- ABRAHAM CAN9f;B .' ~Vn,-<,-,--, ~ NORMA CANnIB