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4 <br />ASSIGNMENT OF <br />WARRANTY AND GUARANTY AGREEMENT, AND BILL OF <br />SALE FOR REQUIRED IMPROVEMENTS <br />NO, SD-05-08=39-W&G (2003080256-53385) <br />WHEREAS, on January 15, 2007, Lost Lake LLC, a Florida limited liability <br />company, entered into Warranty and Guaranty Agreement, and Bill of Sale for Required <br />Improvements-No._SD_0.5-08-39_W_&_C-(290.3Q802Sf�53 M).,-.copy_awhe_d, in connection <br />with property platted as Lost Lake; and <br />WHEREAS, Lost Lake LLC wishes to transfer and assign its interest in the property <br />to Hiers Properties, L.L.C., a Florida limited liability company, and Hiers Properties, <br />L.L.C. wishes to assume the obligations under said Warranty and Guaranty Agreement, and <br />Bill of Sale for Required Improvements; and <br />NOW, THEREFORE, the parties agree to the assignment of Warranty and Guaranty <br />Agreement, and Bill of Sale for Required Improvements No. SD-05-08-39-W&G <br />(2003080256-53385) provided, however, that the security in the amount of $58,096.95 <br />currently in place to warranty road and drainage improvements be replaced with security in <br />the like amount acceptable to the County Attorney. <br />ASSIGNOR: <br />LOST LAKE LLC, a Florida <br />limited liability company <br />By: <br />Prix <br />ing Member <br />APPROVED AS TO FO <br />"" WILLIAM K. DEBRML <br />DEPUTY COUNTY ATTORNEY <br />ASSIGNEE: <br />HIERS PROPERTIES, L.L.C., a Florida <br />limited liability company <br />By: <br />� <br />obby J. i rs, anagirig Member <br />ACKNOWLEDGEMENT TO <br />ASSIGNMENT <br />INDIAN RIVER <br />owden, <br />Attest: Jeffrey K. B <br />Clerk oMoC <br />By: <br />on <br />RIDA <br />