sniper, With 700+ bucks, I would get myself a Savage 111F or 11F and use the balance of the cash for the best scope I can afford. Don't let the Savage's looks or other so-called gun experts deter you. My last 3 rifle purchases have been Savages and all 3 shoot great, as does my friend's. I have Remingtons, Winchesters, Marlins T/Cs and Brownings but the Savages are accurate and reliable rifles. Not to say the others aren't as accurate, but most of them cost more and I would rather see you spend your limited money on quality optics.
The Savage won't let you down.