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<br /> AFFIDAVIT FOR DISBURSEMENT
<br /> STATE OF FLORIDA
<br /> COUNTY OF INDIAN RIVER
<br /> Personally appeared before me , the undersigned authority , MICHAEL H . PRESSLEY , who being first duly
<br /> sworn , on oath says :
<br /> 1 . That Affiant is the President of PRESSLEY RANCH , INC. , a Florida corporation , and he has personal
<br /> knowledge and authority to attest to the matters hereinafter set forth .
<br /> 2 . That the said PRESSLEY RANCH , INC. , a Florida corporation , is the owner, and is in sole undisputed
<br /> possession of the following described property in Indian River County , Florida, to wit :
<br /> SEE SCHEDULE " A " ATTACHED HERETO.
<br /> 3 . Affiant certifies from August 17, 2011 at 8 : 00 a . m . (date of most current title certification) no lien
<br />,
<br /> encumbrance , or other document has been filed of record which adversely affects , the title to the above described
<br /> property .
<br /> 4 . In the event any documents which adversely affect title to the above described property are filed of
<br /> record subsequent to the date and time set forth in paragraph 2 above , through the date and time of recording title to any
<br /> purchasers and/or recording of any mortgages , Affiant agrees to assume FULL LEGAL RESPONSIBILITY for
<br /> satisfaction and/or removal of same .
<br /> 5 . Affiant further agrees to indemnify GOULD COOKSEY FENNELL, P. A. , and TITLE
<br /> RESOURCES GUARANTY COMPANY , for any loss or damage , including court costs and attorneys fees, arising
<br /> from any intervening liens or other matters which adversely affect the title to the above described property .
<br /> 6 . Affiant understands that the figures set forth on the settlement statement relating to mortgage payoffs,
<br /> mortgage assumptions , taxes , utilities, rental prorations , maintenance fees, special assessments, and/or any other charges
<br /> are based upon the best information available ; and in the event said figures differ from the actual figures , Affiant agrees
<br /> to promptly pay all additional sums owing which are necessary to fully satisfy said outstanding balances .
<br /> 7 . Affiant gives this Affidavit for the purpose of inducing GOULD COOKSEY FENNELL, P. A . , to
<br /> disburse, at the time of closing, any proceeds of sale, any mortgage proceeds , and/or disbursements made in accordance
<br /> with any agreements between the parties hereto .
<br /> 8 . Affiant understands whoever makes a false statement which they do not believe to be true , under oath,
<br /> not in an official proceeding, in regard to any material matter, shall be guilty of a misdemeanor of the first
<br /> degree ,
<br /> punishable by a definite term of imprisonment not exceeding one
<br /> ( 1 ) year, as provided in Chapter 775 of the Florida Statutes .
<br /> PRESSLEY RANCH , I C.
<br /> a Fl i or r
<br /> By :
<br /> MICHAEL H . P ESSLEY , sident I
<br /> ( Corporate Sea])
<br /> SWORN TO and subscribed before me this LS ' day of December, 2011 , by MICHAEL H.
<br />
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