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Prepared by:
<br />Record and Return to:
<br />Donald F. Wright, Esq.
<br />Wright, Fulford, Moorhead & Brown, P.A.
<br />Post Office Box 2828
<br />Oriando, Florida 32802
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<br />RELEASE AND HOLD HARMLESS AGREEMENT
<br />THIS RELEASE AND HOLD HARMLESS AGREEMENT C Agreemenn is entered
<br />into as of 2007s by J. PAT CORRIGAN FAMILY LIMITED PARTNERSHIP,
<br />a Florida limited partnership, and HUGH CORRIGAN, III, FAMILY LEY=
<br />PARTNERSHIP, a Florida limited partnership, whose mailing address is 7150 20th Street, Suite
<br />E, Vero Beach, Florida 32966 C'Corrigan') in favor of ST. JOHNS RIVER WATER
<br />MANAGEMENT DISTRICT, a public body existing under Chapter 373, Florida Statutes, whose
<br />mailing address is 4049 Reid Street, Palatka, Florida 32177 ("District"). IL
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<br />WITNESSETH:.
<br />WHEREAS, Corrigan and District are parties to a certain Agreement For Exchange of
<br />Real Property and Settlement Agreement CTxohange and Settlement Agreement), dated
<br />2007, pursuant to which District and Corrigan have agreed to exchange certain I
<br />Property as defined in the Exchange and Settlement Agreement.
<br />WHEREAS, in connection with the transactions contemplated by the Exchange and
<br />Settlement Agreement, and as a material inducement for the parties to enter into the Exchange
<br />and Settlement Agreement, Corrigan has agreed to release and hold the District harmless from
<br />certain claims, both known and unknown, that Corrigan may have had, may have, or may in the
<br />future have against District.
<br />NOW, THEREFORE, in consideration of The premises and for other good and valuable
<br />consideration, the receipt and sufficiency of which are hereby acknowledged, Corrigan hereby
<br />agrees as follows:
<br />1. General Release and Hold Harmless Agreement. The District and Corrigan
<br />acknowledge that they entered into the Exchange and Settlement Agreement, in part, in
<br />volunta.^y settlement of any past claims that Corrigan and the Corrigan family, their affiliates,
<br />successors, and assigns ("Releasors") may now or hereafter have for any property now, or
<br />formerly, or in the future, owned by the Releasors, lying west of Interstate I-95 in Township 32
<br />South, Range 38 East, and a strip of Ind, if any, lying west of and adjacent to Sections 6, 7, 18,
<br />193 30 and 31, in Township 32 South and Range 38 East, in Indian River County, Florida (the
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