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Fort Walton Beach Ordinance — 2070--116 Hollywood - Disposition of Property — reading text
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will convey marketable title to the Property by statutory warranty
64 ' 6. TITLE: Seller has the legal capacity to and
65 * deed X other Special Warranty Deed _, free of liens, easements and encumbrances of record or
66 known to Seller, but subject to property taxes for the year of closing; covenants, restrictions and public utility
67 easements of record; existing zoning and governmental regulations; and ( list any other matters to which title will be
69 •
7070 provided there exists at closing no violation of the foregoing and none of them prevents Buyer' s intended use of the
71 "
Boat repair_maintenance and storage facility
Property as
72 a) Evidence of Title: The party who pays the premium
Seller
for the title insuranceXpolicy will select
Seller'
the closing agent
Buyer' s expense and will, at ( check one) s
73 • and pay for the title
search and closing services.
74 • within_ days after Effective Date or at least 10 days before Closing Date deliver to Buyer( check one)
75 - X(i.) a title insurance commitment by a Florida licensed title insurer setting forth those matters to be
76 discharged by Seller at or before Closing and, upon Buyer recording the deed, an owner's policy in the amount
77 of the purchase price for fee simple title subject only to exceptions stated above. If Buyer is paying for the
78 evidence of title and Seller has an owner's policy, Seller will deliver a copy to Buyer within 15 days after
79 Effective Date.
80 •