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Closing Affidavit
<br />(Buyer)
<br />Before me, the undersigned authority, personally appeared the undersigned ("Affiant"), who being by me first duly sworn,
<br />on oath, depose(s) and say(s) that:
<br />1. Indian River County, a political subdivision of the State of Florida and Indian River County, a political
<br />subdivision of the State of Florida ("Buyer"), is purchasing the following described property from Balquees, L.L.C., a
<br />Florida limited liability company ("Seller"), to wit:
<br />The East 10.4 acres of Tract 15, Section 21, Township 32 South, Range 39 East, according to the last general
<br />plat of lands of the Indian River Farms Company, as filed in the Office of the Clerk of the Circuit Court of St.
<br />Lucie County, Florida, in Plat Book 2, Page 25, said land located, lying and being in Indian River County,
<br />Florida; LESS AND EXCEPTING the South 45 feet thereof.
<br />2. There are no matters pending against the Buyer that could give rise to a lien that would attach to the property prior to the
<br />recording of the interests to be insured, and Buyer has not and will not execute any instrument (nor permit any action to
<br />be taken) that would adversely affect the title or interests to be insured. There are no judgments or liens against Buyer
<br />and no bankruptcy proceedings are currently pending with respect to Buyer.
<br />3. To the best of Buyer's knowledge, information, and belief (a) within the past 90 days there have been no improvements,
<br />alterations, or repairs to the above described property for which the costs thereof remain unpaid, and that within the past
<br />90 days there have been no claims for labor or material furnished for repairing or improving the same, which remain
<br />unpaid; (b) there are no actual or potential mechanic's, materialmen's, or laborer's liens against the property; (c) there are
<br />no tenancies, leases or other occupancies (oral or written) affecting the property; (d) no other person or entity has any
<br />contract to purchase, option to purchase, right of first refusal, or other potential claim of right to purchase the property.
<br />4. Buyer knows of no violations of municipal ordinances pertaining to the property, or any action or proceeding relating to
<br />the property which is pending in any court, nor does the Buyer know of any judgment, tax lien, or matter of any nature
<br />whatsoever which could create a lien or charge upon the property. Buyer has no knowledge of any matters that could or
<br />does create a cloud on the title to the subject property.
<br />5. There are no matters pending against the Buyer that could give rise to a lien that would attach to the property between the
<br />effective date of commitment and the recording of the interest to be insured. Borrower has not and will not execute any
<br />instruments that would adversely affect the interest to be insured.
<br />6. There are no actions or proceedings now pending in any State or Federal Court to which the Buyer is a party, including
<br />but not limited to, proceedings in bankruptcy, receivership or insolvency, nor are there any judgments, bankruptcies, liens
<br />or executions of any nature which constitute or could constitute a charge or lien upon said property.
<br />7. This affidavit is given for the purpose of clearing any possible question or objection to the title to the above referenced
<br />property and, for the purpose of inducing Charles E. Garris, P.A. and Old Republic National Title Insurance
<br />Company to issue title insurance on the subject property, with the knowledge that said title companies are relying upon
<br />the statements set forth herein.
<br />Buyer hereby holds Charles E. Garris, P.A. and Old Republic National Title Insurance Company harmless and fully
<br />indemnifies same (including but not limited to attorneys' fees, whether suit be brought or not, and at trial and all appellate
<br />levels, and court costs and other litigation expenses) with respect to the matters set forth herein. "Affiant", "Seller" and
<br />"Buyer" include singular or plural as context so requires or admits. Buyer is familiar with the nature of an oath and with
<br />the penalties as provided by the laws of the United States and the State of Florida for falsely swearing to statements made
<br />in an instrument of this nature. Buyer has read, or heard read, the full facts of this Affidavit and understands its context.
<br />File Number: Balquees9072.1 DoubleTime®
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