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Agreement (8/10/1962) THIS AGREEMENT, made ~<.,,+ his wife, parties of the first part, hereinafter referred to as tJ.. and entered into this 10 ~day of 1962, by and between HERMAN MACK and SADIE MACK, the "Sellers" and the CITY OF MIAMI BEACH, a Florida municipal corporation, party of the second part, hereinafter referred to as the "City"; WIT N E SSE T H : That for and in consideration of the sum of Ten Dollars and other valuable consideration, in hand paid by said "City" to said "Sellers", the receipt whereof is hereby acknowledged by said "Sellers", 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, that certain parcel of land situate in Miami Beach, Dade County, Florida, described as follows, to wit: Lot 7, Block 50-A, of LINCOLN SUBDIVISION, according to the plat thereof, recorded in Plat Book 9, at page 69 of the public records of Dade County, Florida, together with the building thereon and including ten (10) air-conditioning units therein. 2. The purchase price for said property shall be Seventy-eight Thousand, Five Hundred and 00/100 ($78,500.00) Dollars, payable to the "Sellers" in cash at the time of the closing of the transaction contemplated hereby. 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 earlier than May 1, 1963 and not later than May 8, 1963,. except as hereinafter stated. - 1 - ; 4. The "Sellers", at their option, shall have the right to close this transaction prior to May 1, 1963, upon giving to the "City" not less than /0 days in writing of such intention. 5. 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 1963, which taxes are to be pro-rated as of the date of closing of the trans- action contemplated hereby. 6. Certified municipal improvement liens are to be paid by the "Sellers" and pending municipal improvement liens are to be assumed 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 its corporate seal to be hereunto affixed, all as of the day and year first above written In Pr JJ.~.rI<77' n'C>- "J;[ n ~ (S.al) .d..'V1L,j1n'VJ'Illh (Seal) - 2 - " STATE OF FLORIDA ) ) SS.: ) COUNTY OF DADE I HEREBY CERTIFY that on this day personally appeared before me, an officer duly authorized to administer oaths and take acknowledgments, HERMAN MACK and SADIE MACK, his wife, to me well known to be the persons described in and who executed the foregoing agreement, and acknowledged before me that they executed the same freely and voluntarily for the purpose therein expressed. WITNESS my hand and official seal State aforesaid, this IO~ day of August in the County and 1962. Nok~~;.~ At Large My commission expires: 1/<!J'} b I. - 3 -