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HomeMy WebLinkAbout2011-222 = Original 1l /011 1 $ . Cx AGREEMENT TO PURCHASE , SELL , AND LEASE REAL ESTATE BETWEEN INDIAN RIVER COUNTY . AND SKATE SOLUTIONS , INC . THIS AGREEMENT TO PURCHASE AND SELL REAL ESTATE ("Agreement") is made and entered into as of the 1st day of November, 2011 , by and between Indian River County, a political subdivision of the State of Florida ("the County") , and Skate Solutions , Inc. , who agree as follows . WHEREAS , Skate Solutions , Inc. owns property located at 485 27th. Avenue , SW, Vero Beach , Florida . Legal descriptions of the properties are attached to this agreement as Exhibit "A" incorporated by reference herein ; and WHEREAS , the County , is scheduled to improve 5th Street, SW in the future and the road expansion- will impact and affect Skate Solutions , Inc's property; and WHEREAS , in order for the County to proceed with its road expansion plans , the County needs to purchase a corner clip to be used as right-of4ay from Skate Solutions , Inc. on 27th Street; and WHEREAS , the County has contacted Skate Solutions , Inc. and has offered to purchase approximately 800 square feet of property to be used as right-of-way (shown as Exhibit "A" ; and WHEREAS, the County is prepared to take the Property by using its power of eminent domain ; and WHEREAS , Skate Solutions , Inc. and the County wish to avoid the risk, time and expense of litigation by entering into this agreement for sale and purchase of the proposed property; NOW, THEREFORE , in consideration of the mutual terms , conditions , promises , covenants and premises hereinafter, the COUNTY and SELLER agree as follows : 1 . Recitals . The above recitals are affirmed as being true and correct and are incorporated herein 2 . Agreement to Purchase and Sell . The Seller hereby agrees to sell to the County, and the County hereby agrees to purchase from Seller, upon the terms and conditions set 1 Original forth in this Agreement that certain parcels of real property located on the corner of 5th Street, SW and 27th Avenue , Vero Beach , Florida and more specifically described in the sketch and legal description attached as Exhibit "A" . 2 . 1 Purchase Price , Effective Date . The purchase price (" Purchase Price") for the Property shall be $7 , 200 (Seven Thousand Two Hundred Dollars) . The total Purchase Price shall be paid on the Closing Date . The Effective Date of this Agreement shall be the date upon which the County shall have approved the execution of this Agreement, either by approval by the Indian River County Board of County Commissioners at a formal meeting of such Board or by the County Administrator pursuant to his delegated authority . 3 . Title . Seller shall convey marketable title to the Property by warranty deed free of claims , liens , easements and encumbrances of record or known to Seller; but subject to property taxes for the year of Closing and covenants , restrictions and public utility easements of record provided (a) there exists at Closing no violation of any of the foregoing ; and (b) none of the foregoing prevents County's intended use and development of the Property (" Permitted Exceptions") . 3 . 1 County may order an Ownership and Encumbrance Report or Title Insurance Commitment with respect to the Property . County shall within fifteen ( 15) days following the Effective Date of this Agreement deliver written notice to Seller of title defects . Title shall be deemed acceptable to County if (a) County fails to deliver notice of defects within the time specified , or (b) County delivers notice and Seller cures the defects within thirty (30) days from receipt of notice from County of title defects ("Curative Period ") . Seller shall use best efforts to cure the defects within the Curative Period and if the title defects are not cured within the Curative Period , County shall have thirty (30) days from the end of the Curative Period to elect , by written notice to Seller, to : (i) to terminate this Agreement, whereupon shall be of no further force and effect , or ( ii ) extend the Curative Period for up to an additional 90 days ; or ( iii) accept title subject to existing defects and proceed to closing . 4 . Representations of the Seller. 4 . 1 Seller is indefeasibly seized of marketable , fee simple title to the Property, and is the sole owner of and has good right, title , and authority to convey and transfer the Property which is the subject matter of this Agreement, free and clear of all liens and encumbrances . 4 . 2 From and after the Effective Date of this Agreement, Seller shall take no action which would impair or otherwise affect title to any portion of the Property , and shall record no documents in the Public Records which would affect title to the Property, without the prior written consent of the County . 4 . 3 . 1 There are no existing or pending special assessments affecting the Property, which are or may be assessed by any governmental authority, water or sewer authority, school district, drainage district or any other special taxing district. 2 Original 5 . Default. 5 . 1 In the event the County shall fail to perform any of its obligations hereunder, the Seller shall , at its sole option , be entitled to : (i) terminate this Agreement by written notice delivered to the County at or prior to the Closing Date and thereupon neither the Seller nor any other person or party shall have any claim for specific performance , damages , or otherwise against the County; or (ii) waive the County's default and proceed to Closing . 5 . 2 In the event the Seller shall fail to perform any of its obligations hereunder, the County shall , at its sole option , be entitled to : ( i) terminate this Agreement by written notice delivered to the Seller at or prior to the Closing Date and thereupon neither the County nor any other person or party shall have any claim for specific performance , damages or otherwise against the Seller; or (ii) obtain specific performance of the terms and conditions hereof; or (iii) waive the Seller's default and proceed to Closing : 6 . Closing I 6 . 1 The closing of the transaction contemplated herein ("Closing" and "Closing Date") shall take place within 45 days following the execution of the contract by the Chairman of the Board of County Commissioners . The parties agree that the Closing shall be as follows : (a) The Seller shall execute and deliver to the County a warranty deed conveying marketable title to the Property , free and clear of all liens and encumbrances and in the condition required by paragraph 3 . (b) If Seller is obligated to discharge any encumbrances at or prior to Closing and fails to do so , County may use a portion of Purchase Price funds to satisfy the encumbrances . (c) If the Seller is a non-resident alien or foreign entity, Seller shall deliver to the County an affidavit, in a form acceptable to the County , certifying that the Seller and any interest holders are not subject to tax under the Foreign Investment and Real Property Tax Act of 1980 . (d ) The Seller and the County shall each deliver to the other such other documents or instruments as may reasonably be required to close this transaction . 6 . 2 Taxes . All taxes and special assessments which are a lien upon the property on or prior to the Closing Date (except current taxes which are not yet due and payable) shall be paid by the Seller. 7 . Closing Costs ; Expenses . County shall be responsible for preparation of all Closing documents . 7 . 1 County shall pay the following expenses at Closing : 3 ` Original 7 . 1 . 1 The cost of recording the warranty deed and any release or satisfaction obtained by Seller pursuant to this Agreement. 7 . 1 . 2 Documentary Stamps required to be affixed to the warranty deed . 7 . 1 . 3 All costs and premiums for the owner's marketability title insurance commitment and policy , if any. 7 . 2 Seller shall pay the following expenses at or prior to Closing : 7 . 2 . 1 All costs necessary to cure title defect(s) or encumbrances , other than the Permitted Exceptions , and to satisfy or release of record all existing mortgages , liens or encumbrances upon the Property. 8 . Miscellaneous . 8 . 1 Controlling Law . This Agreement shall be construed and enforced in accordance with the laws of the State of Florida . Venue shall be in Indian River County for all state court matters , and in the Southern District of Florida for all federal court matters . 8 . 2 Condemnation . In the event that all or any part of the Property shall be acquired or condemned for any public or quasi-public use or purpose , or if any acquisition or condemnation proceedings shall be threatened or begun prior to the Closing of this transaction , County shall have the option to either terminate this Agreement, and the obligations of all parties hereunder shall cease , or to proceed , subject to all other terms , covenants , conditions , representations and warranties of this Agreement, to the Closing of the transaction contemplated hereby and receive title to the Property ; receiving , however, any and all damages , awards or other compensation arising from or attributable to such acquisition or condemnation proceedings . County shall have the right to participate in any such proceedings . 8 . 3 Entire Agreement. This Agreement constitutes the entire agreement between the parties with respect to this transaction and supersedes all prior agreements , written or oral , between the Seller and the County relating to the subject matter . hereof. Any modification or amendment to this Agreement shall be effective only if in writing and executed by each of the parties . 8A Assignment and Binding Effect, Neither County nor Seller may assign its rights and obligations under this Agreement without the prior written consent of the other party. The terms hereof shall be binding upon and shall inure to the benefit of the parties hereto and their successors and assigns . 4 Original 8 . 5 Notices . Any notice shall be deemed duly served if personally served or if mailed by certified mail , return receipt requested , or if sent via "overnight" courier service or facsimile transmission , as follows : If to Seller. Kevin T . Carroll 48527 th Avenue , SW Vero Beach , FL 32968 If to County: Indian River County 1801 27th Street Vero Beach , FL. 32960 Attn : Land Acquisition/Louise Gates Either party may change the information above by giving written notice of such change as provided in this paragraph . 8 .6 Survival and Benefit. Except as otherwise expressly provided herein , each agreement, representation or warranty made in this Agreement by or on behalf of either party, or in any instruments delivered pursuant hereto or in connection herewith , shall survive the Closing Date and the consummation of the transaction provided for herein . The covenants , agreements and undertakings of each of the parties hereto are made solely for the benefit of, and may be relied on only by the other party hereto , its successors and assigns , and are not made for the benefit of, nor may they be relied upon , by any other person whatsoever. 8 . 7 Attorney's Fees and Costs . In any claim or controversy arising out of or relating to this Agreement, each party shall bear its own attorney's fees , costs , and expenses . 8 . 8 . Counterparts , This Agreement may be executed in two or more counterparts , each one of which shall constitute an original . 8 . 9 . County Approval Required : This Agreement is subject to approval by the Indian River County as set forth in paragraph 2 . 8 . 10 Beneficial Interest Disclosure : In the event Seller is a partnership , limited partnership , corporation , trust, or any form of representative capacity whatsoever for others , Seller shall provide a fully completed , executed , and sworn beneficial interest disclosure statement in the form attached to this Agreement as an exhibit that complies with all of the provisions of Florida Statutes Section 286 . 23 prior to approval of this Agreement by the County. However, pursuant to Florida Statutes Section 286 . 23 (3) (a) , the beneficial interest in any entity registered with the Federal Securities and Exchange Commission , or registered pursuant to Chapter 517 , Florida Statutes , whose interest is for sale to the general public, is exempt from disclosure ; and where the Seller is a non-public entity, that Seller is not required to disclose persons or entities holding less than five (5 %) percent of the beneficial interest in Seller. 5 Original 8 . 11 Conditions to the Offer to Purchase and Sell Real Estate : A. All existing drive ways will stay intact. B . Any existing underground and above ground electrical devices will be relocated at the expense of Indi-an River County, not Skate Solutions Inc . C . Ciena Capital & SBA to sign off as lien-holders . IN WITNESS WHEREOF , the undersigned have executed this Agreement as of the date first set forth above . INDIAN RIVER COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS SKATE S UTIONS , INC . Bob Solari , Chairman ••'"J��/Q ' T . Carroll , President Date Nq Approved by BCC 1 / 1 / 11 t - :' ' .F = Y * : ATTEST : ;o. • „f pQ'. 9y9• .. fid: Jeffrey K. Barton , Clerk of Circuit Court `°•' Rcoui ;�;.•••° 4 NYtlNNN Dep ib erk pproved : oseph . Baird , County Administrator Approved as to FoRn an egal Sufficiency: County A orney 6 i n Z � w I n so I 0 - 15 30 - EXHI LJ �MITA > � GRAPHIC SCALE S I r I Q w z ( IN FEET ) 2 4 „ 0 TREE uQ _ a z� 0 f- � � W 1. Q I 2 . 5 0' METAL POLES �' `C� 0 � — 10 ' SIDEWALK �c UTILITY EASEMENT Lo O . R . B . 1143 , PG . 1201 '�� �<�D CONC . P . P S LINE N89034 58 W ( : :p;0 \ 40 . 00 SI N \ DDITIONAL R / W PER O . R . B . 571 , PG . 1 676 ) P009B 0 0 5TH STREET . S . W . 0 a N89034 58 ) ) W ( PER P . B . 252 PG . 19 ECTI ON LINE & S LINE TRACT 8 302 . 87 ' EXHIBIT ONLY PURPOSE : TO SHOW EXISTING FEATURES WITHIN AND NEAR PROPOSED RIGHT— OF— WAY ACQUISITION . USING TOPOGRAPHIC INFORMATION BY MCMAHON DRAWING FILE "FEATURES .DWG " SHM NDM RKR COMY ADMINISTM11ON BUIUNNG /ND/AN RIVER COUNTY °RA""'" BY* SECTION 22 £XH/B/T 1801 27th STREET B. ROACH VERO BEACNo FL 32960 Deportment of Pub/lC Works MOVED BY: TOWNSHIP 33S Y7r1l AVENUE / STH STREET S. We (772) 567—e000En lneerin Olvlsfon T. CROON WS RANGE 39E OF This instrument was.prepared incident to 2192113 the issuance o a title insurance contract, THIS DOCUMENT HAS BEEN f RECORDED IN THE PUBLIC RECORDS and is to be returned to: OF INDIAN RIVER COUNTY FL BK : 2554 PG : 15489 Pagel of 4 02/13/2012 at 09 :45 AM, D DOCTAX PD Jason A. Beal $0. 70 Atlantic Coastal Land Title Company, LLC 3850 20`n Street, Suite 4 COURT JEFFREY K BARTON, CLERK OF Vero Beach, Florida 32960 ACLTC File Number: 41078798 Parcel ID Number: 33-394240001 =0080=00010.0 GENERAL WARRANTY DEED This deed, made as of this 8th day of February, 2012 , by Skate Solutions, Inc., a Florida corporation (as Grantor) ; and Indian River County, a political subdivision of the State of Florida, whose postoffice address is : 180127th ST, Vero Beach, FL 32960 (as Grantee) ; (Wherever used herein, the terms "grantor " and "grantee " shall. include singular andplural, heirs, legal representatives, and assigns of individuals, and the successors and assigns of corporations, partnerships or other entities; wherever the context so admits or requires.) WITNESSETH : That the grantor, for and in consideration of the sum of $ 10.00 in hand paid by grantee, the receipt whereof is hereby acknowledged, does hereby grant, bargain, sell, alien, remise, release, convey and confirm unto the grantee forever, all the right, title, interest, claim and demand which the said grantor has in and to the following described parcel of land, to wit: A portion of those lands described in Official Records Book 1423, at Page 24179 of the Public Records of Indian River County, Florida, lying in the Northeast 1 /4 of Section 22, Township 33 South, Range 39 East, Indian River County, Florida, more particularly described as follows : Commence at the East 1/4 corner of Section 22, Township 33 South, Range 39 East, Indian River County, Florida, and run North 001 15 ' Ol " East along the East line of said Section 22 , said line also being the East line of Tract 8, a distance of 50.00 feet to a point on the Easterly extension of the North right-of--way line of 5th Street S.W., being a 50 foot right-of-way per Official Records Book 571 , at Page 1676, as recorded in the Public Records of Indian River County, Florida; thence run North 89134' . 58 " West, along said Easterly extension, a distance of 40 .00 feet for a point on the West right-of-way line of 27th Avenue, being a 40 foot right-of-way per Official Records Book 571 , at Page 676, as recorded in said Public Records. Said Point being the Point of Beginning; thence run North 891 34 ' 58 " West, along said North right-of-way line, a distance of 40.00 feet to a point; thence run North 45120 ' 02 " East, a distance of 56.49 feet to a point on the West right-of- . way line of 27th Avenue ; thence run South 001 15 ' 01 " West, along the West right-of-way line of said 27th Avenue, a distance of 40.00 feet to the Point of Beginning. TOGETHER with all ' the tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining. TO HAVE AND TO HOLD the same in fee simple forever. i AND grantor hereby covenants with grantee that grantor is lawfully seized of said land in fee simple; that grantor has good right and lawful authority to sell and convey said land; that grantor hereby fully warrants the- title to said land and will defend the same against the lawful claims of all persons whomsoever; and that said land is free of all encumbrances, except taxes for the year in which this deed is given; and restrictions, reservations, limitations, covenants, conditions and easements of record, if any; insofar as same are valid and enforceable (however, this clause shall not be construed to reimpose same) . ATLANTIC COASTAL LAND TITLE COMPANY, LLC A Full Service, Florida Title Insurance Agency IN WITNESS WHEREOF, the said grantor has caused these presents to be signed and sealed in its name , as of the day and year first above written. Skate Solutions, I ., a Florida corporation [AFFIX CORPORATE SEAL] X* By : Kevin Carroll its President Grantor's Mailing Address : 485 27th AVE SW Vero Beach, FL 32968 Signed, sealed and delivered in the presence of epa ,tert'r! ' State of Florida County of Indian River The foregoing instrument was acknowledged before me the date hereinafter given, by Kevin Carroll ; as President of the corporation/partnership named herein as the grantor, on behalf of the corporation/partnership ; and who was/were either personally known to me ; or produced identification of sufficient character so as to identify said individual(s) with reasonable certainty; and who did/did not take an oath . Witness my hand and official seal in the County and State last aforesaid, this 8th day of January, 2012 . 0000 Notary Public Typ of identification provided (Check One) : [ *4 Driver' s License [ ] Passport JASON A. BEAL [ ] Government (State or Federal) ID Card ' ►�( pOMMISSION # DD 823327 [ ] Resident Alien ID Card A EXPIRE5: October 11 , 2012 [ } Other �; , �• eonaedThn, rioenrmgouedewftem ATLANTIC COASTAL LAND TITLE COMPANY, LLC A Full Service, Florida Title Insurance Agency I 40 ' I 0 30 60 120 I J N I gggg O l a I N N 2 v I 0 i= GRAPHIC SCALE g I w 1 N ( IN FEET m ) i > IN � j iw W rook � C3 I I zl I rn N � I J I00A al C9 � • I U � ti rn j o 0 LD033-39 -22 - 00001 -0080-00010. 0 � I ~ O a: j z SKATE SOLUTIONS INC 3: m I N z LEGEND j o O . R. B. 1423, PG. 2417 - o f Tri W Li ( D) = DEED I �n 0 a O . R . 6 . = OFFICIAL RECORD BOOK LO 31 W a N ( P) = PLAT T �I � .� N P . B . = PLAT BOOK o f I Q W v PG . = PAGE I a I = 'U . IE= PROPERTY LINE - ~o I I o j ^ w P . O . B . = POINT OF BEGINNING J o 104 `r P . O . C . = POINT OF COMMENCEMENT 4t?VF) a1 oRGE . = RANGE 10 ' SIDEWALK & UTILITY EASEMENT + ip lz SEC . = SECTION O. R . B. 1143, PG . 1201 �Q " i TWA . =TOWNSHIP € h 4J �,INR N89° 34 ' 58W - - 40 . 00 '000"o I 20' ADDITIONAL R/W PER O. R.B. 571 , PG. 1676) I _ $ 5TH STREET S .W. o P . O , C . `O E 1 /4 CORNER N89' 34158 "W ( PER P . B . 25 , PG . 19 SEC 22 , TWP. 33 S. , RGE. 39 E. �� 1 /4 SECTION LINE & S LINE TRACT 8 302 . 87 'x- 1 � CERTIFICATION THIS SKETCH AND DESCRIPTION IS NOT COMPLETE VEYOR AND MAPP R IN RESPONSIBLE CHARGE WITHOUT BOTH SHEETS 1 AND 2 AS CREATED. THIS IS NOT A BOUNDARY SURVEY DAVID M . SILON , DATE 2 FLORIDA REGISTRATION N0 . LS 6139 SKETCH TO ACCOMPANY LEGAL DESCRIPTION I INDIAN RIVER ASSISTANT COUNTY SURVEYOR PREPARED FOR INDIAN RIVER COUNTY ENGINEERING DEPARTMENT I i NDUW RIVER COUNTY ADMINISTRATION BUIL IND/AN RIPER COUNTY DRiWN Or SECTION 22 SKETCH & DESCRIPTION �T ERO BEACH. , STREET B. ROACH 27TH AYENVE 5TH STREET So Wo 2 vERo BEACN, rL 12980 Deoarfinenf of Pub/IC Works „PSD R,,; TOWNSHIP 33S F, (772) s87-8000 AC17g1n&er117g Dlvlslon D. S/LON RANGE 39£ R/W ACOU/ST/ON 2 { a s LEGAL DESCRIPTION ( RIGHT- OF- WAY) A PORTION OF THOSE LANDS DESCRIBED IN O. R. B. 1423, PAGE 2417 OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA, LYING IN THE NORTHEAST 1 /4 SECTION 22, TOWNSHIP 33 SOUTH , RANGE 39 EAST, INDIAN RIVER COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: s COMMENCE AT THE EAST 1 /4 CORNER OF SECTION , 22 , TOWNSHIP 33 SOUTH, RANGE 39 EAST, INDIAN RIVER COUNTY, FLORIDA, AND RUN N00015101 "E, ALONG THE EAST LINE OF SAID SECTION 22 , SAID LINE ALSO BEING THE EAST LINE �OF TRACT 8, A DISTANCE OF 50.00 FEET TO A POINT ON THE EASTERLY EXTENSION OF THE NORTH RIGHT—OF—WAY LINE OF 5TH STREET S. W. BEING A 50— FOOT RIGHT— OF—WAY PER O.R . B . 571 , PAGE 1676, AS RECORDED IN THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA; THENCE RUN N89034'58"W, ALONG SAID EASTERLY EXTENSION, A DISTANCE 'OF 40. 00 FOR A POINT ON THE WEST RIGHT— OF—WAY LINE OF 27TH AVENUE BEING A 40— FOOT RIGHT— OF—WAY PER . O . R . B. 7571 , PAGE 676 AS RECORDED IN SAID PUBLIC RECORDS, SAID POINT BEING THE POINT OF BEGINNING; THENCE RUN N89034158"W, ALONG SAID NORTH RIGHT— OF-WAY LINE, A DISTANCE Of 40.00 FEET TO A POINT; THENCE RUN N45' 20' 02 "E A DISTANCE OF 56 .49 FEET TO A POINT ON THE WEST RIGHT—OF—WAY LINE OF 27TH AVENUE; THENCE RUN S00' 15'01 "W, ALONG THE WEST RIGHT— OF—WAY LINE OF SAID 27TH AVENUE, A DISTANCE OF 40.00 FEET TO THE POINT OF BEGINNING. CONTAINING 800. 0 SQUARE FEET (0.02 ACRES) , MORE OR LESS. NOTES � 1 . THIS SKETCH AND DESCRIPTION IS NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED SEAL OF THE FLORIDA REGISTERED SURVEYOR AND MAPPER NAMED HEREON . $ 2 . THIS SKETCH . AND DESCRIPTION MEETS OR EXCEEDS ALL APPLICABLE REQUIREMENTS OF THE MINIMUM TECHNICAL STANDARDS AS ESTABLISHED IN CHAPTER 5J - 17 , FLORIDA ADMINISTRATIVE CODE. 3 . THIS SKETCH AND DESCRIPTION WAS PREPARED WITHOUT r THE BENEFIT OF AN OWNERSHIP & ENCUMBRANCE REPORT. THERE MAY BE EASEMENTS , RESTRICTIONS, RESERVATIONS NOT SHOWN HEREON AND MAY BE FOUND IN THE PUBLIC RECORDS. 4. THIS SKETCH AND DESCRIPTION DOES NOT REPRESENT A FIELD SURVEY. EXISTING PROPERTY CONDITIONS OR FEATURES ARE NOT SHOWN . 5. BASIS OF BEARINGS: THE EAST LINE OF SECTION 22 BEARS N00' 15 '01 "E PER THE RIGHT— OF—WAY MAP OF STATE ROAD 607 (27TH AVENUE) AS RECORDED IN IN PLAT BOOK 25 , PAGE 19 OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA. ALL OTHER BEARINGS ARE RELATIVE THERETO. THIS SKETCH AND DESCRIPTION IS NOT COMPLETE 6 . PARENT PARCEL CONFIGURATION IS PER THE RIGHT— WITHOUT BOTH SHEETS 1 AND 2 AS CREATED . OF-WAY MAP OF STATE ROAD 607 (27TH AVENUE) AS RECORDED IN PLAT BOOK 25, PAGE 19 OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA. THIS IS NOT A BOUNDARY SURVEY SKETCH TO ACCOMPANY LEGAL DESCRIPTION PREPARED FOR INDIAN RIVER COUNTY ENGINEERING DEPARTMENT N00W RNER COUPM ADMINISTRATION BUILMG INDIAN RIVER COUNTY DRAM B'`` SECTION 22 SKETCH & DESCR/PTION SHEET j 1801 27th STREET B. ROACH 27TH AVENUE 5TH STREET S. W. vERo eEACIt, FI 32960 Deoarfinenf of PUblIC Works OPROM BY; TOWNSHIP 33S (n2) 567-8000 E'nglneering Division D. SIL RANGE 39£ R/W ACQU/ST/ON 2 f L tom_. 1�,_ WESTCOR POLICY NO. LAND TITLE INSURANCE COMPANY OP-25-FL1394-2546981 OWNER ' S POLICY OF TITLE INSURANCE (with Florida Modifications) ISSUED BY WESTCOR LAND TITLE INSURANCE COMPANY Any notice of claim and any other notice or statement in writing required to be given to the Company under this Policy must be given to the Company at the address shown in Section 18 of the Conditions . COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED , IN SCHEDULE B, AND THE CONDITIONS , Westcor Land Title Insurance Company, a California corporation (the "Company") insures, as of Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the Insured by reason of: 1 . Title being vested other than as stated in Schedule A . 2 . Any defect in or lien or encumbrance on the Title . This Covered Risk includes but is not limited to insurance against loss from (a) A defect in the Title caused by (i) forgery, fraud , undue influence, duress, incompetency, incapacity, or impersonation ; (ii) failure of any person or Entity to have authorized a transfer or conveyance ; (iii) a document affecting Title not properly created, executed, witnessed, sealed, acknowledged, notarized, or delivered ; (iv) failure to perform those acts necessary to create a document by electronic means authorized by law; (v) a document executed under a falsified, expired, or otherwise invalid power of attorney; (vi) a document not properly filed, recorded, or indexed in the Public Records including failure to perform those acts by electronic means authorized by law; or (vii) a defective judicial or administrative proceeding. ( b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid . (c) Any encroachment, encumbrance, violation, variation , or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land . The term "encroachment' includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land . 3 . Unmarketable Title. COVERED RISKS CONTINUED ON NEXT PAGE In Witness Whereof, WESTCOR LAND TITLE INSURANCE COMPANY , has caused this policy to. be signed and sealed as of Date of Policy shown in Schedule A, the policy to become valid when countersigned by an authorized sig nam tory of the Company. Issued By: FL1394 " 41078798 WESTCOR LAND TITLE INSURANCE COMPANY Atlantic Coastal Land Title Company, LLC 3850 - 20th Street, Suite 4 W 7b,�t, By ' w°"T°' Vero Beach , FL 32960 L � resident Lana Title ' Insurance O _ � Company Attest. fZ ecce+ / Authorized Officer of Licensed Agent Secretary . OP-25 ALTA Owners Policy of Title Insurance 6- 17-06 (with FLORIDA Modifications) , (WLTIC Edition 1 /26/ 11 ) Page 1 4. No right of access to and from the Land. 5 . The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zon- ing) restricting, regulating, prohibiting, or relating to (a) the occupancy, use; or enjoyment of the Land; (b) the character, dimensions; or location of any improvement erected on the Land ; (c) the subdivision of land ; or (d) environmental protection if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to enforce, but only to the extent of the violation or enforcement referred to in that notice . 6 . An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforce. ment action, describing any part of the Land, is recorded in the Public Records, but only to the extent of the enforcement referred to in that notice . 7 . The exercise of the rights of eminent domain if a notice of the exercise, describing any part of the Land , is recorded in the Public Records . 8 . Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge. 9 . Title being vested other than as stated in Schedule A or being defective (a) as a result of the avoidance in whole or in part, or from a court order providing an alternative remedy, of a transfer of all or any part of the title to or any interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential transfer under federal bankruptcy, state insolvency, or similar creditors ' rights laws ; or (b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy, state insolvency, or similar creditors ' rights laws by reason of the failure of its recording in the Public Records (i) to be timely, or (ii) to impart notice of its existence to a purchaser for value or to a judgment or lien creditor. 10 . Any defect in or lien or encumbrance on the Title or other hatter included in Covered Risks 1 through 9 that has been created or at- tached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A . The Company will also pay the costs, attorneys ' fees, and expenses incurred in defense of any matter insured against by this Policy, but only to the extent provided in the Conditions. EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage (a) created , suffered , assumed, or agreed to by the Insured of this policy, and the Company will not pay loss or damage, costs, Claimant; attorneys ' fees, or expenses that arise by reason of: (b) not Known to the Company, not recorded in the Public Re- 1 : (a) Any law, ordinance, permit, or governmental regulation cords at Date of Policy, but Known to the Insured Claimant (including those relating to building and zoning) restricting, regulat- and not disclosed in writing to the Company by the Insured ing, prohibiting, or relating to Claimant prior to the date the Insured Claimant became an Insured under this policy; (i) the occupancy, use, or enjoyment of the Land; (c) resulting in no loss or damage to the Insured Claimant; (ii) the character, dimensions, or location of any improve- (d) attaching or created subsequent to Date of Policy; or ment erected on the Land; (iii) the subdivision h land ; (e) resulting in loss or damage that would not have been sus- ( ) tained if the Insured Claimant had paid value for the Title . (iv) environmental protection ; 4.Any claim , by reason of the operation of federal bankruptcy, state or the effect of any violation of these laws, ordinances, insolvency, or similar creditors ' rights laws, that the transaction or governmental regulations . This Exclusion l (a) does vesting the Title as shown in Schedule A, is not modify or limit the coverage provided under Covered (a) a fraudulent conveyance or fraudulent transfer; or Risk 5 . (b) Any governmental police power. This Exclusion I (b) does not (b) a preferential transfer for any reason not stated in Covered modify or limit the coverage provided under Covered Risk 6. Risk 9 of this policy. 5 . Any lien on the Title for real estate taxes or assessments imposed 2 : Rights of eminent domain . This Exclusion does not modify or by governmental authority and created or attaching between limit the coverage provided under Covered Risk 7 or 8 . Date of Policy and the date of recording of the deed or other 3 . Defects, liens, encumbrances, adverse claims, or other matters instrument of transfer in the Public Records that vests Title as shown in Schedule A. OP-25 ALTA Owners Policy of Title Insurance 6- 17-06 (with FLORIDA Modifications) (WLTIC Edition 1 /26/ 11 ) Page 2 i CONDITIONS 1 . DEFINITION OF TERMS without Knowledge. With respect to Covered Risk 5 (d), "Public The following terms when used in this policy mean : Records" shall also include environmental protection liens filed in the records of the clerk of the United States District Court (a) "Amount of Insurance" : The amount stated in Schedule A, as for the district where the Land is located, may be increased or decreased by endorsement to this policy, increased by Section 8(b), or decreased by Sections 10 and I 1 "Title" : The estate or interest described in Schedule A. of these Conditions. (k) "Unmarketable Title" : Title affected by an alleged or apparent (b) "Date of Policy" : The date designated as "Date of Policy" in matter that would permit a prospective purchaser or lessee of Schedule A. the Title or lender on the Title to be released from the obligation to purchase, lease, or lend if there is a contractual condition (c) -"Entity" : A corporation, partnership, trust, limited liability requiring delivery of marketable title. company, or other similar legal entity. (d) "Insured" : The Insured named in Schedule A . 2. CONTINUATION OF INSURANCE (i) The term "Insured" also includes The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured, but only so long as the Insured retains (A) successors to the Title of the Insured by operation of an estate or interest in the Land, or holds an obligation secured by a law as distinguished from purchase, including heirs, purchase money Mortgage given by a purchaser from the Insured, devisees, survivors, personal representatives, or next or only so long as the Insured shall have liability by reason of warm of kin ; ranties in any transfer or conveyance of the Title. This policy shall (B) successors to an Insured by dissolution, merger, con- not continue in force in favor of any purchaser from the Insured solidation, distribution, or reorganization; of either (i) an estate or interest in the Land, or (ii) an obligation (C) successors to an Insured by its conversion to another secured by a purchase money Mortgage given to the Insured. kind of Entity; 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED (D) a grantee of an Insured under a deed delivered without CLAIMANT payment of actual valuable consideration conveying the The Insured shall notify the Company promptly in writing (i) in Title case of any litigation as set forth in Section 5(a) of these Condi- ( 1 ) if the stock, shares, memberships, or other equity tions, (ii) in case Knowledge shall come to an Insured hereunder of interests of the grantee are wholly-owned by the any claim of title or interest that is adverse to the Title, as insured, named Insured , and that might cause loss or damage for which the Company may (2) if the grantee wholly owns the named Insured, be liable by virtue of this policy, or (iii) if the Title, as insured, is rejected as Unmarketable Title. If the Company is prejudiced by (3 ) if the grantee is wholly-owned by an affiliated En- the failure of the Insured Claimant to provide prompt notice, the tity of the named Insured, provided the affiliated Company 's liability to the Insured Claimant under the policy shall Entity and the named Insured are both wholly- be reduced to the extent of the prejudice. owned by the same person or Entity, or 4. PROOF OF LOSS (4) if the grantee is a trustee or beneficiary of a trust created by a written instrument established by the In the event the Company is unable to determine the amount of loss Insured named in Schedule A for estate planning or damage, the Company may, at its option, require as a condition purposes . ofpayment that the Insured Claimant furnish a signed proof of loss . n With regard to A , (13), (C), and D reserving, all The proof of loss must describe the defect, lien, encumbrance, or O g ( ) ( ) g other matter insured against by this policy that constitutes the basis rights and defenses as to any successor that the Company of loss or damage and shall state, to the extent possible, the basis would have had against any predecessor Insured . of.calculating the amount of the loss or damage. (e) "Insured Claimant" : An Insured claiming loss or damage . 5. DEFENSE AND PROSECUTION OF ACTIONS (f) "Knowledge" or "Known" : Actual knowledge, not construc- tive knowledge or notice that may be imputed to an insured by (a) Upon written request by the Insured, and subject to the options reason of the Public Records or any other records that impart contained in Section 7 of these Conditions, the Company, at constructive notice of matters affecting the Title . its own cost and without unreasonable delay, shall provide for the defense of an Insured in litigation in which any third party (g) "Land" : The land described in Schedule A, and affixed improve- asserts a claim covered by this policy adverse to the Insured. ments that by law constitute real property. The term "Land" This obligation is limited to only those stated causes of action does not include any property beyond the lines of the area alleging matters insured against by this policy. The Company described in Schedule A, nor any right, title, interest, estate; or shall have the right to select counsel of its choice (subject to the easement in abutting streets, roads, avenues, alleys, lanes, ways, right of the Insured to object for reasonable cause) to represent or waterways, but this does not modify or limit the extent that the Insured as to those stated causes of action . It shall not be a right of access to and from the Land is insured by this policy. liable for and will not pay the fees of any other counsel . The (h) "Mortgage" : Mortgage, deed of trust, trust deed, or other secu- Company will not pay any fees, costs, or expenses incurred by rity instrument, including one evidenced by electronic means the Insured in the defense of those causes of action that allege authorized bylaw. matters not insured against by this policy. (i) "Public Records" : Records established under state statutes at (b) The Company shall have the right, in addition to the options Date of Policy for the purpose of imparting constructive notice contained in Section 7 of these Conditions, at its own cost, to of matters relating to real property to purchasers for value and institute and prosecute any action or proceeding or to do any OP-25 ALTA Owners Policy of Title Insurance 6- 17-06 (with FLORIDA Modifications) (WLTIC Edition 1 /26/ 11 ) Page 3 I CONDITIONS - CONTINUED other act that in its opinion may be necessary or desirable to or tender payment of the Amount of Insurance under this policy establish the Title, as insured , or to prevent or reduce loss or , together with any costs, attorneys fees, and expenses incurred damage to the Insured . The Company may take any appropri- by the Insured Claimant that were authorized by the Company ate action under the terms of this policy, whether or not it shall up to the time of payment or tender of payment and that the be liable to the Insured . The exercise of these rights shall not Company is obligated to pay. be an admission of liability or waiver of any provision of this policy. Ifthe Company exercises its rights under this subsection, Upon the exercise by the Company of this option, all liability it must do so diligently. and obligations of the Company to the Insured under this policy, other than to make the payment required in this subsection, (c) Whenever the Company brings an action or asserts a defense shall terminate, including any liability or obligation to defend, as required or permitted by this policy, the Company may prosecute, or continue any litigation. pursue the litigation to a final determination by a court of competent jurisdiction, and it expressly reserves the right, (b) To Pay or Otherwise Settle With Parties Other .Than the Insured in its sole discretion, to appeal any adverse judgment or or With the Insured Claimant. order. (i) to pay or otherwise settle with other parties for or in the name 6. DUTY OF INSURED CLAIMANT TO COOPERATE of an Insured Claimant any claim insured against under this policy. In addition, the Company will pay any costs, (a) In all cases where this policy permits or requires the Company attorneys ' fees, and expenses incurred by the Insured Claim- to prosecute or provide for the defense of any action or proceed- ant that were authorized by the Company up to the time ing and any appeals, the Insured shall secure to the Company of payment and that the Company is obligated to pay ; or the right to so prosecute or provide defense in the action or (ii) to pay or otherwise settle with the Insured Claimant the loss proceeding, including the right to use, at its option, the name or damage provided for under this policy, together with any of the Insured for this purpose. Whenever requested by the costs, attorneys ' fees, and expenses incurred by the Insured Company, the Insured; at the Company's expense, shall give the Claimant that were authorized by the Company up to the Company all reasonable aid (i) in securing evidence, obtaining time of payment and that the Company is obligated to pay. witnesses, prosecuting or defending the action or proceeding, or effecting settlement, and (ii) in any other lawful act that in Upon the exercise by the Company of either of the options provided the opinion of the Company may be necessary or desirable to for in subsections (b)(i) or ( ii), the Company's obligations to the establish the Title or any other matter as insured. If the Company Insured under this policy for the claimed loss or damage, other than is prejudiced by the failure of the Insured to furnish the required the payments required to be made, shall terminate, including any li- cooperation, the Company 's obligations to theN Insured under ability or obligation to defend, prosecute, or continue any litigation. the policy shall terminate, including any liability or obligation g, DETERMINATION AND EXTENT OF LIABILITY to defend, prosecute, or continue any litigation, with regard to the matter Or matters requiring such cooperation. This policy is a contract of indemnity against actual monetary loss ordamage sustained or incurred by the Insured Claimant who has (b) The Company may reasonably require the Insured Claimant to suffered loss or damage by reason of matters insured against by submit to examination under oath by any authorized representa- this policy. tive of the Company and to produce for examination, inspection, and copying, at such reasonable times and places as may be (a) The extent of liability of the Company for loss or damage under designated by the authorized representative of the Company, this policy shall not exceed the lesser of all records, in whatever medium maintained , including books, (i) the Amount of Insurance; or ledgers, checks, memoranda, correspondence, reports, e-mails, the difference between the value of the Title as insured and disks, tapes, and videos whether bearing a date before or after (ii) Date of Policy, that reasonably pertain to the loss or damage. the value of the Title subject to the risk insured against by Further, if requested by any authorized representative of the this policy. Company, the Insured Claimant shall grant its permission, in (b) If the Company pursues its rights under Section 5 of these Con- writing, for any authorized representative of the Company to ditions and is unsuccessful in establishing the Title , as insured, examine, inspect, and copy all of these records in the custody or (i) the Amount of Insurance shall be increased by' 10%, and control of a third party that reasonably pertain to the loss or dam- age. All information designated as confidential by the Insured (ii) the Insured Claimant shall have the right to have the loss Claimant provided to the Company pursuant to this Section shallor damage determined either as of the date the claim was not be disclosed to others unless, in the reasonable judgment of made by the Insured Claimant or as of the date it is settled the Company, it is necessary in the administration of the claim . and paid . Failure of the Insured Claimant to submit for examination under (c) In addition to the extent of liability under (a) and (b), the Comm oath, produce any reasonably requested information, or grant pany will also pay those costs, attorneys ' fees, and expenses in- permission to secure reasonably necessary information from cuffed in accordance with Sections 5 and 7 of these Conditions. third parties as required in this subsection, unless prohibited by law or governmental regulation, shall terminate any liability 9. LIMITATION OF LIABILITY of the Company under this policy as to that claim . (a) If the Company establishes the Title, or removes the alleged 7. OPTIONS TO PAY OR OTHERWISE SETTLE defect, lien, or encumbrance, or cures the lack of a right of ac- CLAIMS; TERMINATION OF LIABILITY cess to or from the Land, or cures the claim of Unmarketable Title, all as insured, in a reasonably diligent manner by any In case of a claim under this policy, the Company shall have the method, including litigation and the completion of any appeals, following additional options : , it shall have fully performed its obligations with respect to that (a) To Pay or Tender Payment of the Amount of Insurance . To pay matter and shall not be liable for any loss or damage caused to the Insured . OP-25 ALTA Owners Policy of Title Insurance 6- 17-06 (with FLORIDA Modifications) (WLTIC Edition 1 /26/ 11 ) Page 4 I � 4 (b) In the event of any litigation, including litigation by the Comm Arbitration pursuant to this policy and under the Rules in effect pany or with the Company 's consent, the Company shall have on the date the demand for arbitration is made or, at the option of no liability for loss or'damage until there has been a final deter- the Insured, the Rules in effect at Date of Policy shall be binding mination by a court of competent jurisdiction, and disposition upon the parties . The award may include attorneys ' fees only if of all appeals, adverse to the Title, as insured, the laws of the state in which the Land is located permit a court (c) The Company shall not be liable for loss or damage to the to award attorneys ' fees to a prevailing party. Judgment upon the Insured for liability voluntarily assumed by the Insured in set- award rendered by the Arbitrator(s) may be entered in any court ding any claim or suit without the prior written consent of the having jurisdiction thereof. Company. The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules . 10, REDUCTION OF INSURANCE ; REDUCTION OR TERMINATION OF LIABILITY A copy of the Rules may be obtained from the Company upon All payments under this policy, except payments made for costs, request, attorneys ' fees, and expenses, shall reduce the Amount of Insurance 15. LIABILITY LIMITED TO THIS POLICY, POLICY by the amount of the payment. ENTIRE CONTRACT 11 , LIABILITY NONCUMULATIVE (a) This policy together with all endorsements, if any, attached to it by the Company is the entire policy and contract between the The Amount of Insurance shall be reduced by any amount the Comm Insured and the Company. In interpreting any provision of this pany pays under any policy insuring a Mortgage to which exception policy, this policy shall be construed as a whole . is taken in Schedule B or to which the Insured has agreed, assumed, or taken subject, or which is executed by an Insured after Date of (b) Any claim of loss or damage that arises out of the status of the Policy and which is a charge or lien on the Title, and the amount Title or by any action asserting such claim whether or not based so paid shall be deemed a payment to the Insured under this policy, on negligence shall be restricted to this policy. 12, PAYMENT OF LOSS (c) Any amendment of or endorsement to this policy must be in writing and authenticated by an authorized person, or expressly When liability and the extent of loss or damage have been definitely incorporated by Schedule A of this policy. fixed in accordance with these Conditions, the payment shall be (d) Each endorsement to this policy issued at any time is made a made within 30 days . part of this policy and is subject to all of its terms and provi- 13, RIGHTS OF RECOVERY UPON PAYMENT OR sions. Except as the endorsement expressly states, it does not SETTLEMENT (i) modify any of the terms and provisions of the policy, (ii) (a) Whenever the Company shall have settledand paid a claim modify any prior endorsement, (iii) extend the Date of Policy, " . or (iv) increase the Amount of Insurance . under this policy, it shall be subrogated and entitled to the rights of the Insured Claimant in the Title and all other rights 16. SEVERABILITY and remedies in respect to the claim that the Insured Claimant In the event any provision of this policy, in whole or in part, is held has against any person or property, to the extent of the amount invalid or unenforceable under applicable law, the policy shall be of any loss, costs, attorneys ' fees, and expenses paid by the deemed not to include that provision or such part held to be invalid, Company. If requested by the Company, the Insured Claimant but all other provisions shall remain in full force and effect, shall execute documents to evidence the transfer to the Com- pany of these rights and remedies . The Insured Claimant shall 17. CHOICE OF LAW; FORUM pennit the Company to sue, compromise, or settle in the name (a) Choice of Law : The Insured acknowledges the Company has of the Insured Claimant and to use the name of the Insured underwritten the risks covered by this policy and determined Claimant in any transaction or litigation involving these rights the premium charged therefor in reliance upon the law affecting and remedies . interests in real property and applicable to the interpretation, If a payment on account of a claim does not fully cover the loss rights, remedies, or enforcement of policies of title insurance of the Insured Claimant, the Company shall defer the exercise of the jurisdiction where the Land is located. of its right to recover until after the Insured Claimant shall Therefore, the court or an arbitrator shall apply the law of the have recovered its loss. jurisdiction where the Land is located to determine the validity (b) The Company 's right of subrogation includes the rights of the of claims against the Title that are adverse to the Insured and Insured to indemnities, guaranties, other policies of insurance, to interpret and enforce the terms of this policy. In neither case or bonds, notwithstanding any terms or conditions contained shall the court or arbitrator apply its conflicts of law principles in those instruments that address subrogation rights. to determine the applicable law. 14, ARBITRATION (b) Choice of Forum : Any litigation or other proceeding brought by the Insured against the Company must be filed only in a Unless prohibited by applicable law, arbitration pursuant to the state or federal court within the United States of America or its Title Insurance Arbitration Rules of the American Arbitration As- territories having appropriate jurisdiction . sociation may be demanded if agreed to by both the Company and the Insured at the time of a controversy or claim . Arbitrable mat- 18. NOTICES, WHERE SENT ters may include, but are not limited to, any controversy or claim Any notice of claim and any other notice or statement in writing between the Company and the Insured arising out of or relating required to be given to the Company under this policy must be to this policy, and service of the Company in connection with its given to the Company at: 201 N. New York Avenue, Suite 200, issuance or the breach of a policy provision or other obligation . Winter Park, Florida 32789, (866) 629-5842 . OP-25 ALTA Owners Policy of Title Insurance 6- 17-06 (with FLORIDA Modifications) (WLTIC Edition 1 /26/ 11 ) Page 5 C 31 " J w � .J . rTRbL � W ye 1 nst>lranae aykF s � k 41 Note : This policy consists of insert pages labeled "Schedule A " ;and " Schedule B " and is of no force or effect unless all schedules are included, along with any Rider pages incorporated by reference in the insert pages . SCHEDULE A Agent's File No : 41078798 Policy No : 0P-25 -FL1394-2546981 Effective Date : February 13 , 2012 at 9 : 45 AM Amount of Insurance : $ 7,200.00 Address : 485 27TH Ave SW, Vero Beach, FL 32968 1 . The Insured hereunder, in whom title to the fee simple estate is vested at the date hereof, is : Indian River County, a political subdivision of the State of Florida 2 . In addition to those referred to in Schedule B hereof, the land herein described is encumbered by the following mortgage(s) , and assignments thereof (if any) : None ! 3 . The land referred to in this policy is situated in the County of Indian River, State of Florida, and is described as follows : A portion of those lands described in Official Records Book 1423, at Page 2417, of the Public Records of Indian River County, Florida, lying in the Northeast 1 /4 of Section 22, Township 33 South, Range 39 East, Indian River County, Florida, more particularly described as follows : Commence at the East 1 /4 corner of Section 22, Township 33 South, Range 39 East, Indian River County, Florida, and run North 000 15 ' Ol " East along the East line of said Section 22, said line also being the East line of Tract 8, a distance of 50.00 feet to a point on the Easterly extension of the North right-of--way line of 5th Street S .W., being Poll - Policy Insert Page 1 x r q.€ x dd! `ra�� Ytla3sFar arm if Ig PHI NY ter, r rt ir Fr r 5 ' A , r . �" i �3u s lflaA na k,'� P o r ° a C, M x r � r - a r lIf" If S4I If 4LfBW9 ° j �kr • fII 7 r - ,,. .� i . _a. _ T m III L s r a 50 foot right-of--way per Official Records Book 571 , at Page 1676, as recorded in the Public Records of Indian River County, Florida; thence run North 891341 58 " West, along said Easterly extension, a distance of 40. 00 feet for a point on the West right-of-way line of 27th Avenue, being a 40 foot right-of-way per Official Records Book 571 , at Page 676, as recorded in said Public Records. Said Point being the Point of Beginning ; thence run North 89° 34 ' 58 " West, along said North right-of--way line, a distance of 40.00 feet to a point; thence run North 450 20' 02 " East, a distance of 56.49 feet to a point on the West right-of- way line of 27th Avenue; thence run South 00° 15 ' Ol " West, along the West right-of--way line of said 27th Avenue, a distance of 40.00 feet to the Point of Beginning. Countersigned: Au zed Signatory ATLANTIC COASTAL LAND TITLE COMPANY, LLC 3850 20d' Street, Suite 4, Vero Beach, Florida 32960 Telephone : 77211mI569-4364 Pol l - Policy Insert Page 2 A 4LWES,TCOR LAND TITLE , INSURANC E COMPANAin A di Y ; AA „� tlwn is itle InsuranceaPol>cy = dR � ` `� . .. t�,�6' `�. , u'Ad 6 � ,�IT 1� N @t� . ,^''s�.f� .,' ,'� i Irc . . � t;� �s�r ". `, , -s. .,. 9 �¢.� .�-�, . ... :ll T9 [11 A r , .a., s Agent's File No : 41078798 Policy No: OP-25-FL1394-2546981 SCHEDULE B This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: GENERAL EXCEPTIONS : 1 . (a) Any encroachment, encumbrance, violation, variation, or adverse circumstances affecting the Title that would be disclosed by an accurate and complete land survey of the Land. The term "encroachment" includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments on the Land of the existing improvements located on adjoining land. (b) Easements, or claims of easements, not shown by the public records . (c) If the land described herein abuts a river, lake, stream or other waterway --- the nature and extent of riparian and/or littoral rights, title to any portion of the land which is submerged, title to any portion below the mean high water mark of a tidal waterway, and title to any portion which consists of "filled-in lands" ; and/or any claim that any portion of said lands are sovereign lands of the State of Florida. (d) Taxes or special assessments which are not shown as existing liens by the public records . SPECIAL EXCEPTIONS : 2 . The mortgage referred to in item 2 of Schedule A hereof, if any . 3 . General and special real property taxes and assessments for tax year 2012 and subsequent years . 4 . Ditches, canals and road rights of way (if any), as reserved or described on the plat of INDIAN RIVER FARMS COMPANY, as recorded in Plat Book 2, at Page 25, of the Public Records of St. Lucie County, Florida. 5. Sidewalk and Utilities Easement as recorded in O. R. Book 1143, at Page 1201 . 6. Sidewalk and Utilities Easement as recorded in O. R. Book 1196, at Page 1822 . 7. Subject to the right-of--way of 27th Avenue and 5th Street Southwest, as same is now laid out and in use. f 'ta Pol l - Policy Insert Page 3 it to 4 WESTCOR LAND TITLE INSURANCE , COMPANY d 4o Owner' s Title Insurance Policy to In accordance with Title 42 United States Code, Section 3604, any covenants, conditions or restrictions referred to herein, which indicate any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status or national origin, are hereby deleted. Note 1 : This policy does not insure against loss or damage arising as the result of unpaid charges for public utilities furnished by any county, municipality, or public service corporation, which may be or may become a lien upon the land insured hereby under any provision of the Florida Statutes including Section 159 . 17 ; and/or any county, municipal, or special taxing district assessment, including those levied under the provisions of Chapter 190, Florida Statutes. Note 2 : All references herein to recorded instruments, refer to recordation contained within the Public Records of the county in which the land is located. Reference to instruments among the Public Records refer to the fust recorded page of the instrument, but include by reference all pages recorded under the Clerk's File Number assigned to the instrument referred to . Pol l - Policy Insert Page 4 A. Settlement Statement U . S . Department of Housing Prepared by: and Urban Development Atlantic Coastal Land Title Company, LLC (HUD-3) 3850 20th Street, Suite 6, Vero Beach, Florida 32960 OMB No. 2502-0265 B. Type of Loan L ❑ FHA 2. ❑ FmHA 3 . ❑ Conv. Unins. 6. File Number 7. Lonn Number 8. Mortgage lusumnce Case No. 4. ❑ VA 5 . ❑ Conv. Ins. 41078798 C. Note : This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked "(p. o. c. ) " were paid outside the closing; they are shown here for informational purposes and are not included in the totals. D. NAWMDMMMSDFa°,M: Indian River County, a political subdivision of the State of Florida 180127th ST t Vero Beach, FL 32960 E NAAffiANDADDRESSDF.SELLFA: Skate Solutions, Inc., a Florida corporation 485 27th AVE SW Vero Beach, FL 32968 F. NAA@ AND ADDRPSS OFIE]VpIA . 485 27th AVE SW, Vero Beach, FL 32968 J. sETTIPhiENTDATE H. SEFDENONTAOFNT: Atlantic Coastal Land Title Company, LLC PL CE OFSF.TILEAff.NT: 3850 20th Street, Suite 6, Vero Beach, Florida 32960 February 8 2012 S)3 . S . TIp 100. GROSS 2XNI0tJNTj ) jJj4' I1' j40N1I I; jJYIAt : 400. GROSS AN10tJNT DUETO SELLER : 101 . Contract Sales Price $ 7 ,200.00 401 , Contract Sales Price $ 7,200.00 102. Personal Property 402. Personal Property 103. Settlement charges to BUYER: $ 875.20 403. 104, 404. 105 , 405 • ADJUSTMENTS FtJR 1TEMS 1?A1I) 131f`SECT Blt 1N'r DVANt E:a nn ADjU M" FQR rrEMS PAID BY SELLER IN ADVAPICE 107. County Taxes Closing Date to 12/31 $ 0.00 407. Count Taxes Closing Date to 12/31 $ 0.00 108. Assessments to 408 . Assessments to 109. 409; --- - --- - 110. --- -_ 410. - ---- - -- - - - I11 . ---- - - ---- 411 , -- -- ---- -- - - - - ---- 112. 412. 1209 GROSS DUE FM BUYER: $ 81075.20 420. GROSS DUE TO SELLER: $ 7,200.00 201 . Deposit or earnest money 501 . Excess deposit (see instructions) 202. Principal amt of new loan $ 0.00 502. Settlement Charges to seller $ 18.50 203. Existing loans taken subject to 503: Existing loans taken subject to 204. 504. BLC Mortgage $ 4,715.53 205, 505. Payoff of second mortgage loan 2060 506: 2011 RE Taxes $ 2,465.97 207, 507, 208, 508, 2090 509. ADNSTM TS'FgK IT vSS LFN1'AID B Y $ I ER ADlUSTiV1' . • 1 S FClR ITEMSaUI^i131C111 B)Y SELL) R . _ 211 . County Taxes 1/1 - Closing Date $ 0.00 511 . County taxes 1/ 1 - Closing Date $ 0.00 212. Assessments to 512. Assessments to 213 . 513 , 214, 514, 215. 515: 216. 516: 217, 517. 218, 51 & ---- 219. ---- 519. - - - - - -- 220. TOTAL PAID BY/FOR BUYER: $ 000 AMMTOTAL REDUCTIONS $ 7,200.00 AMDUE TO SELLER:: 301 . Gross amt due from BUYER $ 8 ,075.20 601 . Gross amt due to seller $ 71200.00 302. Less amt paid by/for BUYER $ 0.00 602. Less reductions in amt due seller $ 7,200.00 303, CASH FROM BUYER: $ 89075.20 603. CASH FROM SELLER: $ 0.00 HUD4 (346) RESPA, HB 4305 .2 I L. SETTLEMENT CHARGES 700, TOTAL SALES/BROKER'S COMMISSION: $, BASED ON PRICE OF $7,200.00, @ PAID FROM PAID FROM % = $ BUYERS SELLER'S FUNDS AT FUNDS AT 701 . $ to SETTLEMENT SETTLEMENT 702. $ to 703. Commission paid at settlement 801 . Loan Origination fee % to 802. Loan Discount % to 803. Appraisal Fee to: 804. Credit Report to: 805. Lender's Inspection fee to : _ 806. Mortgage Insurance application fee to: 807 . Assumption fee to: 808. 809, 810. 901 . Interest from to @ $ /day _ 902. Mortgage insurance premium for mos to 903. Hazard insurance premium for yrs to 904. Flood insurance premium for yrs to 905. 1001 . Hazard insurance months @ $ per month 1002. Mortgage insurance months @ $ per month 1004. County property taxes months @ $ per month 1006. Flood insurance months @ $ per month 1007. Aggregate Adjustment Amount 1101 . Settlement or closing fee to Atlantic Coastal Land Title Company, LLC $ 500.00 $ 0.00 1102. Abstract or title search to Atlantic Coastal Land Title Company, LLC $ 125 .00 $ 0.00 1103 . Title Examination to Atlantic Coastal Land Title Company, LLC $ 0.00 1104. Title insurance binder to _ 1105 . Document preparation to 1106. Notary fees to 1107. Attorney's fees to 1108. Title insurance to Atlantic Coastal Land Title Company, LLC $ 100.00 $ 100.00 $ 0.00 1109. Lender's coverage $ 1110. Owner's coverage $ 7,200.00 1111 . Florida Comprehensive Endorsement (Form 9) 1112. ALTA Environmental Protection Lien Endorsement Form 8 . 1 1113 1114. 1115. 1200, GOVERMNIENTRE 1201 . Recording fees : Deed $35.50 1 $ 35 .50 1203 . State tax/stamps: Deed $.70 $ 0.70 $ 0.00 1204. Partial Release of BLC UCC Financing Statement $ 27.00 $ 0.00 . 1205. Partial Release of Mortgage for SBA and BLC Mortgages $ 37.00 $ 0.00 1206. Satisfaction of Mortgage (Sunny Wheels) $ 18.50 1301 . Survey to 1302. Pest inspection to 1303. Express delivery fees to Atlantic Coastal Land Title Company, LLC 1304. Wire Transfer Fees to CenterState Bank $ 30.00 $ 0.00 1305 . Digital Archive/File Scanning Fee to Forensis _ - $ 20.00 1306. 1307 . - 1308 . - - --- 1309. 1310. ---- 1311 . --- - ----- -- 1312. 1400, TOTAL SETTLEMENT CHARGES (Enter on line 103, section 7 - and - line 502. section K) $ 875.20 18.50 I I have catrfully rcvica sties 14011 it is a trua: and accurate maI of all akcciplx aattl rlisbm4mcnN rrHgs om my car fay rite to thk avalI I Fwxhiu,. .artify chm l ll a)ve IT rd ;r ampyOt' t 1111.'x. 4�ttGrar9r;t� >:�t�r�nt-, �uycr: todi �t Ri aunty, 6W . Political sulydi �sion of. thk State of Florida �., 1.`6 f� F t ' �v`iltlrnar 1 �eLl�ai Yxs Deputy amity Attartl(4 �J4°iIGt3' Skaw Solutions, Incr, ' lorida corporation KtMn Carroll its president Starnca omis meilected Raman mq km 1WkAl 10 tgtrM faith alinta " €itus tequila Itusc-aIoFFitng adit �trncnt Ally Wac%,lrinur3x Al ?101w1 caw rh troatt ti5a s �lGetecf IVI'VOM tcrar n;uult raa nt madoichaf9cs ilia to eacc'�+ n( S25 :4)o to :yup' ,(xrortoy •AtaAl lic to pr tlr lztd x aitt t clratnxa Lk cl uacd by All l Ak Colstal t„rttl lllle Oglmllstay, LLf , tt it ittYairer ua l tvt f, arra ft pwica cern a t , drat ail fauut rewive�' by Atlamic Cnarsul Land 'Titie Cttmpaim LLC may h P13I in exwMi14 atcaatrrns�4 11 sr ntay he suc a t Uku C3r .tvrr ht. ile}fur ltaae A *t ( itjstla hkcr.wcn Anlamtic Cttistal and its topnsitury battk. InteOW e•aitred 21s tare of swcb agrx.c etsaars. nasty . is 11t4 paliperiy «fi: All,errttc• (,,(mstsdI_,nrncY`I'itleCompany. LLC. The I 'ScaWmem %mmlcnt which i ham;prepitmd is a fibre twill al untte ssctu:r)ttr,t of lltii tranartdtiLi t. I tt�?e: < a ts�c#at -Will w4X' �;r the funds to be, dilihatxs in wilh dlim ,azuI Atlantic Coastal [,sand 'l'Itic ColttpaflyLIX tRealcttwiv Agent) C"` ng hate : 1^'ebn�2r ; 201 WAR KING It is e ct" mw m knuwtnet; make tI alFatenrunrra to tCwlimta 1 stmet rxr rlcr.t or ;Imy tx4h" aimi1.:'[ t'ntm tI a1w, ;gti �i€ sttGfiriarrtladttlitivr: nrxpraza;vrlirMiac . IrtrrlrurilaxG : TirlelftU . C'atii� Sec €tlllrlfl $ hr» 9 wtrn6lYfi. Part of Parcel # 3M9-22-000014080-00010 . 0 `Purchased by Indian River County from Skate Solutions, Inc. , a Florida corporation Public Purpose : 27th Avenue and 5th Street SW corner clip for right-of-way RESOLUTION NO . 2012 - 102 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, CANCELLING CERTAIN TAXES UPON PUBLICLY OWNED LANDS , PURSUANT TO SECTION 196 . 28 , FLORIDA STATUTES . WHEREAS , section 196 . 28 , Florida Statutes , allows the Board of County Commissioners of each County to cancel and discharge any and all liens for taxes , delinquent or current , held or owned by the county or the state , upon lands heretofore or hereafter conveyed to or acquired by any agency , governmental subdivision , or municipality of the state , or the United States , for road purposes , defense purposes , recreation , reforestation , or other public use ; and WHEREAS , such cancellation must be by resolution of the Board of County Commissioners, duly adopted and entered upon its minutes properly describing such lands and setting forth the . public use to which the same are or will be devoted ; and - WHEREAS , upon receipt of a certified copy of such resolution , proper officials of the county and of the state are authorized , empowered , and directed i i i I I 1 RESOLUTION NO . 2012 - 102 to make proper entries upon the records to accomplish such cancellation and to do all things necessary to carry out the provisions of section 196 . 28 , F . S . ; NOW, THEREFORE , BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA , that : 1 . Any and all liens for taxes delinquent or current against the following described lands purchased from Skate Solutions , Inc. , a Florida corporation , for a corner clip right-of--way at 27th Avenue and 5th Street SW , are hereby cancelled pursuant to the authority of section 196 . 28 , F ; S . See attached General Warranty Deed recorded in Book 2554, Pages 1548=1551 , Public Records of Indian River County, Florida . 2 . The Clerk to the Board of County Commissioners is hereby directed to send a certified copy of this resolution to the Tax Collector and the Property Appraiser with a copy to each of Fixed Assets , Budget , and the County Attorney's Office . The resolution was moved for adoption by Commissioner Flescher and the motion was seconded by Commissioner Davis and , upon . being put to a vote , the vote was as follows : 2 z RESOLUTION NO . 2012 - 102 Gary C . Wheeler, Chairman Aye Peter D . O ' Bryan , Vice Chairman Aye Wesley S . Davis Aye Joseph E . Flescher Aye Bob Solari Aye The Chairman thereupon declared the resolution duly passed and adopted this 9th day of October, 2012 . BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA By F Gary C . eeler, Chairman ATTEST : Jeffrey R . Smith , Clerk as°;� col� M�s"su.. of Circuit Court and o��� ' •'°tiFro ,y Comptrolle • � By: a Deputy Clerk �1 sy4Qj .•• d i • `- a+ y 4441!11114 Y1111 Y11 .... Tax Certificates Outstanding _ Yes No Current Prorated Tax Received and Deposited With Tax Collector $ APPROVED AS TO FORM ANjDL/7,7,GL SLIFIN BY WILLIAM K. DEBRAAL DEPUTY COUNTY ATTORNEY it 3 2192113 RECORDED IN THE RECORDS OF JEFFREY K BARTONr CLERK CIRCUIT COURT INDIAN RIVER CO FL , BKt 2554 PG : 1548 , 02 / 13/ 2012 09 : 45 AM DOC STAMPS D $ 0 . 70 r ! � E Y - This instrument was prepared incident to the issuance of a title insurance contract, and is to be returned to. Jason A. Beal Atlantic Coastal Land Title Company, LLC 3850 200 Street, Suite 4 Vero Beach, Florida 32960 ACLTC File Number: 41078798 Parcel ID Number: 33-3942400014080.00010.0 z i GENERAL WARRANTY DEED ' This deed, made as of this 8th day of February, 2012, by Skate Solutions, Inc., a Florida i corporation (as Grantor); and Indian River County, a political subdivision of the State of Florida, whose postoffice address is: 180127th ST, Vero Beach, FL 32960 (as Grantee); ! (Wherever used herein, the terms grantor" and "grantee" shall include singular and plural, heirs, legal representatives, and assigns of individuals, and the successors and assigns of corporations, partnerships or other endues; wherever the context so admits or requires.) WITNESSETH: That the grantor, for and in consideration of the sum of $ 10.00 in hand paid by grantee, the receipt whereof is hereby acknowledged, does hereby grant, bargain, sell, alien, remise, release, convey and confirm unto the grantee forever, all the right, title, interest, claim and demand which the said grantor has in and to the following described parcel of land, to wit: A portion of those lands described In Official Records Book 14239 at Page 2417, of the Public Records of Indian River County, Florida, lying in the Northeast 1/4 of Section 22, Township 33 South, Range 39 East, Indian River County, Florida, more particularly described as follows: Commence at the East 1/4 corner of Section 22, Township 33 South, Range 39 East, Indian River County, Florida, and run North 000 15' 0111 East along the East line of said Section 22, said line also being the East line of Tract 8, a distance of 50.00 feet to a point on the Easterly extension of the North right-of--way line of 5th Street S.W., being a 50 foot right-of--way per Official Records Book 571, at Page 1676, as recorded In the Public Records of Indian River County, Florida, thence run North 890 34' 58" West, along said Easterly extension, a distance of 40.00 feet for a point on the West right-of-way line of 27th Avenue, being a 40 foot right-of--way per Official Records Book 571, at Page 676, as recorded In said Public Records. Said Point being the Point of Beginning; thence run North 890 34' 58" West, along said North right-of-way line, a distance of 40.00 feet to a point; thence run North 450 20' 02" East, a distance of 56.49 feet to a point on the West right-of- way line of 27th Avenue; thence run South 00a 15 ' 01 " West, along the West right-of--way line of said 27th Avenue, a distance of 40.00 feet to the Point of Beginning. TOGETHER with all the tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining. TO HAVE AND TO HOLD the same in fee simple forever. AND grantor hereby covenants with grantee that grantor is lawfully seized of said land in fee simple; that grantor has good right and lawful authority to sell and convey said land; that grantor hereby fully warrants the title to said land and will defend the same against the lawful claims of all persons whomsoever, and that said land is free of all encumbrances, except taxes for the year in which this deed is given; and restrictions, reservations, limitations, covenants, conditions and easements of record, if any; insofar as same are valid and enforceable (however, this clause shall not be construed to reimpose same). i i ATLANTIC COASTAL LAND TITLE COMPANY, LLC A Full Service, Florida Title Insurance Agency i i BK : 2554 PG : 1549 r i IN WITNESS WHEREOF, the said grantor has caused these presents to be signed and sealed in its name, as of the day and year first above written. Skate Solutions, Florlda corporation [AFFIX CORPORATE SEAL] i By' Kevin Carroll Its President i Grantor's Mailing Address: 485 27th AVE SW Vero Beach, FL 32968 Signed, sealed and delivered in the presence of drJ e;7i .000a. State of Florida County of Indian River The foregoing instrument was acknowledged before me the date hereinafter given, by Kevin Carroll; as President of the corporation/partnership named herein as the grantor, on behalf of the corporation/partnership; and who was/were either personally known to me; or produced identification of sufficient character so as to identify said individual(s) with reasonable certainty; and who did/did not take an oath. Witness my hand and official seal in the County and State last aforesaid, this 8th day of January, 2012. Notary Public Tyr of Identification provided (Check One): [ ✓✓rDriver's License I 1 Passport 1 [ [ Government (State or Federal) ID Card i Myc0Mk4$ tai #008 327 [ ) Resident Alien ID Card FxplgEstoaohertt, 202 GW4Wrararonciw�ar.e� [ i Other i i i i ATLANTIC COASTAL LAND TITLE COMPANY, LLC A Full Service, Florida Title Insurance Agency 40 ' N I I 0 30 60 120 q I N N Z i i GRAPHIC SCALE ; O I W N w W FEET ) i Sioin w I ^ � � 1 ZI •- I CDG to CL 1 "� I J I co a aCD 1 - - � I p j Q 33-39- 22-00001 -0080-00010.0 � 1 O m I Z SKATE SOLUTIONS INC ?r m l N z LEGEND s a I Ir O.R. B. 1423, PG. 2417 a o m � w I o o0 ,,, (D)= DEED 3 I o w D � O. R. B. =OFFICIAL RECORD BOOK cr 1 ° I Z w (P) = PLAT € i1 j °% N P. B. = PLAT BOOK rt Oo I ml Q w w PG. = PAGE U) a = to IRR= PROPERTY LINE o f I o � K w P. O. B. =POINT OF BEGINNING J t c I C%i Z P.O.C. =POINT OF COMMENCEMENT 1 Ale < I o RGE. = RANGE I 10' SIDEWALK & UTILITY EASEMENT , 4 iA � Z W SEC . = SECTION O °� ^ TWP.=TOWNSHIP € O. R, B 1143, PG. 1201 - - � r0� I � 1- - - - - - - - - - - - - - - - - - R /W 1.UVF . It N89' 34'58W j _40.00 '- 20' ADDITIONAL R/W PER O.R.B. 571 . PG. 1676) I Lno P . O . C . 5TH STREET S .W. ,� E 1 /4 CORNER N8903415B"W (PER P. B. 25, PG. 19 SEC 22, TWP. 33 S. , RGE. 39 E 1 ; 4 SECTION UNE & S UNE TRACT 8 3��.8Tt D) — Lo CERTIFICATION THIS SKETCH AND DESCRIPTION IS NOT COMPLETE to VEYOR AND MAPP R 114 RESPONSIBLE CHARGE WITHOUT BOTH SHEETS 1 AND 2 AS CREATED. wmi %: 0,�2 f I ! -t '� - ! THIS IS NOT A BOUNDARY SURVEY DAVID M . SILON, DATE SKETCH TO ACCOMPANY LEGAL DESCRIPTION p+ FLORIDA 'REGISTRATION NO. LS 6139 INDIAN RIVER ASSISTANT COUNTY SURVEYOR PREPARED FOR INDIAN RIVER COUNTY ENGINEERING DEPARTMENT � NWN a COUNff ADMOSOMMMOUILma /ND/AN R/YER COUNTY °R""" B'r SECTION 22 SKETCH DESCR/PT/ON " In teot 271n sm�r DepaAmen/ , of Public Works B. IPOACN TOWNSHIP 33S 27TH AVENUE / STN STREET SW. j c� vQto 8�• FL 32�D " O' ED Wo R/W AC4U/ST/ON 2 (m> s�-e000 En lnserin Olvls/on D. SIL ON .T9E GO 1 Y LEGAL DESCRIPTION ( RIGHT— OF-WAY) A PORTION OF THOSE LANDS DESCRIBED IN O.R.B. 1423, PAGE 2417 OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA, LYING IN THE NORTHEAST E 1 /4 SECTION 22, TOWNSHIP 33 SOUTH, RANGE 39 EAST, INDIAN RIVER COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: i COMMENCE AT THE EAST 1 /4 CORNER OF SECTION . 22, TOWNSHIP 33 SOUTH, RANGE 39 , EAST, INDIAN RIVER COUNTY, FLORIDA, AND RUN NO0. 15'01 "E, ALONG THE EAST LINE OF SAID SECTION 22, SAID LINE ALSO BEING THE EAST LINE OF TRACT B. A DISTANCE OF 50.00 FEET TO A POINT ON THE EASTERLY EXTENSION OF THE NORTH RIGHT—OF—WAY UNE OF 5TH STREET S.W. BEING A 50-1700T RIGHT—OF—WAY PER O.R.B. 571 , PAGE 1676, AS RECORDED IN THE W PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA; THENCE RUN N89'34'58" , ALONG SAID EASTERLY EXTENSION, A DISTANCE .OF 40.00 FOR A POINT ON a THE WEST RIGHT—OF—WAY UNE OF 27TH AVENUE BEING A 40—FOOT RIGHT—OF—WAY PER _ O.R.B. 0571 , PAGE 676 AS RECORDED IN SAID PUBLIC RECORDS, SAID POINT BEING THE POINT OF BEGINNING; THENCE RUN N89'34'58"W. ALONG SAID NORTH RIGHT—OF—WAY LINE, A DISTANCE OF 40.00 FEET TO A POINT; g THENCE RUN N4520002"E A DISTANCE OF 56.49 FEET TO A POINT ON THE WEST RIGHT-OF-WAY UNE OF 27TH AVENUE; THENCE RUN SOO. 15'O1 'W, ALONG THE WEST RIGHT—OF—WAY LINE OF SAID 27TH AVENUE, A DISTANCE OF 40.00 FEET TO THE POINT OF BEGINNING. CONTAINING 800.0 SQUARE FEET (0.02 ACRES), MORE OR LESS. G NOTES _ Q 1 . THIS SKETCH AND DESCRIPTION IS NOT 'VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED SEAL OF THE FLORIDA REGISTERED SURVEYOR AND MAPPER NAMED HEREON. 2. THIS SKETCH AND DESCRIPTION MEETS OR EXCEEDS ALL APPLICABLE REQUIREMENTS OF THE MINIMUM TECHNICAL STANDARDS AS ESTABLISHED IN CHAPTER 5J- 17, FLORIDA ADMINISTRATIVE CODE, 3. THIS SKETCH AND DESCRIPTION WAS PREPARED WITHOUT THE BENEFIT OF AN OWNERSHIP & ENCUMBRANCE REPORT, THERE MAY BE EASEMENTS, RESTRICTIONS, RESERVATIONS NOT SHOWN HEREON AND MAY BE FOUND IN THE PUBLIC RECORDS. - 4. THIS SKETCH AND DESCRIPTION DOES NOT REPRESENT A FIELD SURVEY. EXISTING PROPERTY CONDITIONS OR FEATURES ARE NOT SHOWN, 5. BASIS OF BEARINGS: THE EAST UNE OF SECTION 22 BEARS N00. 15'010E PER THE RIGHT—OF—WAY MAP OF STATE ROAD 607 (27TH AVENUE) AS RECORDED IN IN PLAT BOOK 25, PAGE 19 OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA. ALL OTHER BEARINGS .-1 ARE RELATIVE THERETO. in THIS SKETCH AND DESCRIPTION IS NOT COMPLETE to d 6. PARENT PARCEL CONFIGURATION IS PER THE RIGHT- WITHOUT BOTH SHEETS 1 AND 2 AS CREATED. rml OF�WAY MAP OF AS RECORDED D IN PLATBOOK 25,ROAD 7 PAGE F) 19 OF THE PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA. THIS IS NOT A BOUNDARY SURVEY a SKETCH TO ACCOMPANY LEGAL DESCRIPTION PREPARED FOR INDIAN RIVER COUNTY ENGINEERING DEPARTMENT d' RM COMM AMMSMATIM mp" Ewe smw /ND/AN RIVER COUNTY SECTION 22 SKETCH d D£SCR/PT/ON 1I yip Rs� DBDOr/n7Bn/ of Pub& Works W CN TOWNSHIP 35S 27TH AWNW / 57H STR££T So Wo N 4 (R2) 567-W £n lnear/n Olvlslon D. SIL OW I RANGE 39£ R/W ACOVISWN 2 00 4 /t4 W