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2nd Amendment 05/19/2004 Clelt( oIlIIe Circul coun Danny L. Kolhage Phone: 305-292.3550 Fax: 305-295.3663 Memnrandum To: James Roberts, County Administrator Isabel C. DeSantis, . V Deputy Clerk )Y From: Date: Thursday, May 27, 2004 At the BOCC meeting on May 19, 2004, the Board approved the following: Second Amendment to the Agreement for the purchase of the D& J Industries building on Big Pine Key. Enclosed is a duplicate original of the subject document for your handling. Should you have any questions concerning this matter please feel free to contact this office. Copies: Finance County Attorney File SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE THIS SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE (this "Amendment") is dated effective as of May 12,2004 and is entered into by and between BEAL BANK, S.S.B., a state savings bank organized under the laws of the State of Texas ("Seller"), as seller, and Monroe County Board of County Commissioners of Monroe County, Florida, a political subdivision of the state of Florida ("Buyer"), as buyer. RECIT ALS A. Buyer and Seller executed that certain Agreement of Purchase and Sale, dated February 18, 2004 (the "Agreement"), concerning the purchase and sale of that certain real property situated in Big Pine Key, Monroe County, Florida, as more particularly described in the Agreement (the "Property"). B. The Buyer and Seller then entered into that certain First Amendment to Agreement of Purchase and Sale, dated April 5, 2004. C. herein. The parties wish to amend the Agreement in accordance with the terms contained D. All capitalized terms used herein but not defined herein shall have the same meaning as is set forth in the Agreement for such terms. AGREEMENT 1. Conditions Period. Amending Section 2.1 of the Agreement, the Conditions Period shall expire at 5:00 p.m. (Dallas, TX time) on July 19,2004. 2. Closing Date. Amending Section 8.2 of the Agreement, Buyer and Seller agree that the Closing Date shall be on or before August 19, 2004. Such date may not be extended without the prior written approval of both Buyer and Seller. 3. Title Period. Amending Section 3.1 of the Agreement, Buyer agrees and confirms that the Title Period has expired, and that the current condition of the title is acceptable to Buyer. Buyer further agrees that the Buyer does not any right to terminate the Agreement pursuant to Section 3.1. 4. Counterparts. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which when taken together shall constitute one and the same instrument. Second Amendment to Agreement of Purchase and Sale Big Pine Key 5. Facsimile Signatures. Facsimile signatures hereon shall be treated for all purposes as original signatures. 6. Except as amended hereby, the Agreement shall be and continue in full force and effect. DA TED as of the date first above written. SELLER: BEAL BANK, S.S.B., a state savings bank organized under the laws of the State of Texas By: Name: Title: BUYER: MONROE COUNTY BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By: Name: Title: Mu.1'"rfAv /V1 a. vo ~ , /lie-I S'"<::l~ S-/9-0'-l SUZA Nt: ,', I!lUTTON :),,~(. ::~S_I~~llfp?!.A~~ORNEY__" f":; % = 0 = 0 0&:- r- Z ~ :::I: fT1 :::Or" :1 :s- a Or- -< 1"'1 :> N ..." D' -J C) 0'" :::0 c::;;S -, :z;. c "'0 :::0 -tor :x f"T1 ~:-f:r . )> ca (") .., C> <::) r fTl N :::0 > 0 r:::;; Second Amendment to Agreement of Purchase and Sale Big Pine Key 2