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HomeMy WebLinkAbout2025-015RESOLUTION NO. 2025- 015 Purchased from Cleghorn Shoe Corporation Public Purpose: Fire Station 15 Tax Parcel No(s).: PID 31382700000700000002.0 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 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 any and all liens for taxes delinquent or current against the following described lands which were purchased by Indian River County from Cleghorn Shoe Corporation, a Massachusetts corporation for Fire Station 15, are hereby cancelled pursuant to the authority of section 196.28, F.S. 1 RESOLUTION NO. 2025-015 See Warranty Deed describing lands, recorded in O.R. Book 3759, Page 1019 of the Public Records of Indian River County, Florida. The resolution was moved for adoption by Commissioner Susan Adams and the motion was seconded by Commissioner Deryl Loar , and, upon being put to a vote, the vote was as follows: Chairman Joseph E. Flescher AYE Vice Chairman Deryl Loar AYE Commissioner Joe Earman AYE Commissioner Susan Adams AYE Commissioner Laura Moss AYE The Chairman thereupon declared the resolution duly passed and adopted this 22nd day of April, 2025. E RESOLUTION NO. 2025- 0115 I4p BOARD OF COUNTY COMMISSIONE INDIAN RIVER COUNTY, FLORIDA in h . Flesher, C airman ATTEST: Ryan L. Butler, Clerk of Court and Comptroller By: &X a2&� Deputy Clerk Tax Certificates Outstanding _ X Yes No Current Prorated Tax Received and Deposited with Tax Collector $521.61 Approved as to form and legal su4ienpy`—_� By: s a n- kPfgd -- Deputy County Attorney 3 S J`��y COh�Mlss��^✓• .F •'•��l'fR COUN��•°. THIS tNSTRUMENT PREPARED BY and RETURN TO: BRUCE F. IDEN, ESQUIRE Iden Law Offices 10 Hawley Street Suite 1D Northampton, MA, 01060 Parcel Number 31382700000700000002.0 3120250011076 RECORDED IN THE PUBLIC RECORDS OF RYAN L BUTLER, CLERK OF COURT INDIAN RIVER COUNTY FL BK 3759 PG, 1019 Page 1 of 3 3/5/2025 3 41 PM 0 DOCTAX PO $9,450,00 SPECIAL WARRANTY DEED THIS INDENTURE, made thisJ! J— day of February 2025 by and between Cleghorn Shoe Corporation, Massachusetts corporation authorized to do business in Florida, whose address is: P.O. Box 610727, Miami, Florida 33261-0727,. hereinafter called "Grantor," and Indian River County, a political sub- division of the State of Florida whose address is: 1801 271h Street, Vero Beach, Florida 32960, hereinafter called "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 and partnerships, wherever the context so admits or requires.] WITNESSETH, that the said Grantor, for and in consideration of the sum of$10.00 and other good and valuable consideration, in hand paid by the said Grantee, the receipt whereof is hereby acknowledged, has granted, bargained, sold, transferred and conveyed to the said Grantee, and Grantee's heirs, executors and assigns forever, the following described land (the "Subject Property"), situate, lying and being in the County of Indian River, State of Florida to wit: See Exhibit "Alattached hereto SUBfECT TO: 1. Ad Valorem taxes for 2025 and all years subsequent. 2. A deed restriction running with the title to the Subject Property limiting the use of the Subject Property to a Fire station or other governmental use. 3. Easements, restrictions, reservations, limitations or dedications of record, if any, without reimposing same. 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 the Grantor herebv covenants with said Grantee that it is lawfully seized of said land in fee simple; that it has good right and lawful authority to sell and convey said land: that it hereby fully warrants the title to said land and will defend the same against the lawful claims of all persons claiming by, through or under the said Grantor. [Acknowledgements begin on the following page.] IN WITNESS WHEREOF, the said Grantor has hereunto set its hand and seal the day and year first SWD – Cleghom Shoe Corporation Sale to Indian River County, Page I of 3 above written. WITNESSED BY: Witness signa1hTF-_ ?. I A FQ A GRANTOR Cleghorn Shoe Corporation Bw,00:! Name: Andrew L. Ansin Title: ;ft President Printed name IN Address GV AI Wi e- . ignature Y, (ak.&OA., Printed name 1*0 f -+414't Adaress A:� _ Seth Bortunk, Secretary 1401 796, Street Causeway Miami, Florida 33141 STATE OF FLORIDA ) SS: COUNTY OF MIAMI-DADE The foregoing instrument was acknowledged before me this `�lWay of February 2025, by means of physical presence or 0 online notarization, by Andrew L. Ansin, as M President on behalf of said corporation. He is personally, known to me or who has produced a driver's license as identification. rNolary Seal) CLARA R. PINK MY COMMISSION # KH 485250 EXPIRES: February 18. 202828 Name: LL14 Notary Public, STATE OF FLORIDA My commission expires: tjjr/LV Commission Number: H 4 SWD — Cleghorn Shoe Corporation Sale to Indian River County Page 2 of 3 =-MT "A" Legal Description THE EAST ONE HALF OF THE NORTHEAST ONE QUARTER OF THE SOUTHEAST ON QUARTER OF SECTION 27, TOWNSHIP 31 SOUTH, RANGE 38 EAST. LESS AND EXCEPT: THE RIGHT OF WAY FOR C.R. 510 (WABASSO ROAD) LYING WESTERLY OF THE EAST LINE OF THE EAST ONE HALF OF THE NORTHEAST ONE QUARTER OF THE SOUTHEAST ONE QUARTER OF SECTION Z7, TOWNSHIP 31 SOUTH, RANGE 38 EAST AND LYING EASTERLY OF THE EAST UNE OF THE PARCEL DESCRIBED IN OFFICIAL RECORD BOOK 1414, PAGE 1112, AS RECORDED IN THE PUBLIC RECORDS ON INDIAN RIVER COUNTY, FLORIDA ALSO LESS AND EXCEPT (PER ORB.1414,PG. 1112) COMMENCE AT THE NORTHWEST CORNER OF THE EAST ONE HALF OF THE NORTHEAST ONE QUARTER OF THE SOUTHEAST ONE QUARTER OF SECTION 27, TOWNSHIP 31 SOUTH, RANGE 38 EAST, ACCORDING THE THE LAST GENERAL PLAT OF THE LANDS OF THE INDIAN RIVER FARMS COMPANY RECORDED IN PLAT BOOK 2, PAGE 25 OF THE PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA. AND RUN SOUTH 00'09'15' WEST, ALONG THE WEST UNE, A DISTANCE OF 134 FEET TO A POINT. THEN RUN SOUTH 89°5370' EAST, PARALLEL WITH THE NORTH LINE, A DISTANCE OF 401.79 FEET TO THE POINT OF BEGINNING. THEN RUN STILL PARALLEL WITH THE NORTH LINE, SOUTH 89'53W EAST, A DISTANCE OF 248.58 FEET TO THE FAST RIGHT OF WAY LINE OF COUNTY ROAD 510. THEN RUN SOUTH 00°12'07` WEST, A DISTANCE OF 1197.22 FEETTO A POINT IN THE NORTH RIGHT OF WAY UNE OF 87th STREEf.THEN RUN ALONG THE NORTH RIGHT OF WAY, NORTH 63'23'41' WEST, A DISTANCE OF 15426 FEET TO A POINT. THEN RUN NORTH 14°2643° WEST, A DISTANCE OF 260,11 FEETTO A POINT OF 18.43 FOOT ELEVATION, N.G.VD. ESTABLISHED AS HIGH WATER LINE OF A LAKE. THEN RUN NORTH 02'2518' WEST, A DISTANCE OF 156.99 FEETTO ANOTHER POINT OF 18.43 FOOT ELEVATION. THEN RUN NORTH 75'OT48' WEST, A DISTANCE OF 238.35 FEET TO A POINT. THEN RUN NORTH 10'01'41' EAST, A DISTANCE OF 366.30 FEET TO ANOTHER POINT OF 18.43 FOOT ELEVATION. THEN RUN NORTH 24'44'03' FAST, AD ISTANCE OF 363,30 FEET TO THE POINT OF BEGINNING. S WD — CIeghom Shoe Corporation Sale to Indian River County Page 3 of 3 American Land Title Association Owner's Policy of Title Insurance WESTCOR with l 0,a (dific 202,) with Florida modifications AND TITLE INSURANCE POLICY NO.: OP-61-FL1394-16966388 ALTA OWNER'S POLICY OF TITLE INSURANCE issued by WESTCOR LAND TITLE INSURANCE COMPANY This policy, when issued by the Company with a Policy Number and the Date of Policy, is valid even if this policy or any endorsement to this policy is issued electronically or lacks any signature. 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 Condition 17. 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 South Carolina corporation (the "Company"), insures as of the Date of Policy and, to the extent stated in Covered Risks 9 and 10, after the Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the Insured by reason of: 1. The Title being vested other than as stated in Schedule A. 2. Any defect in or lien or encumbrance on the Title. Covered Risk 2 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. the failure of a person or Entity to have authorized a transfer or conveyance; iii. a document affecting the Title not properly authorized, created, executed, witnessed, sealed, acknowledged, notarized (including by remote online notarization), or delivered; iv. a failure to perform those acts necessary to create a document by electronic means authorized by law; 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 the Date of Policy shown in Schedule A. Issued By:FL1394 * 2024-7260 Atlantic Coastal Land Title Company, LLC 855 21st Street, Suite C Vero Beach, FL 32960 WESTCOR LAND TITLE INSURANCE COMPANY Copyright 2021 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. tM I RICAN rlll[ ♦. St)t'IA1 I'll OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) (wLTIC Edition 8112/2022) Marl ('Donnell - Preaident " Anaec Donald A, Berube - Secretary The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. tM I RICAN rlll[ ♦. St)t'IA1 I'll OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) (wLTIC Edition 8112/2022) American Land Title Association Owner's Policy of Title Insurance (07-01-2021) ORwith Florida modifications kAWi TMr N�MR,4N E COIIPsird 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 the failure to have performed those acts by electronic means authorized by law; vii. a defective judicial or administrative proceeding; or viii. the repudiation of an electronic signature by a person that executed a document because the electronic signature on the document was not valid under applicable electronic transactions law. the lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid. the effect on the Title of an encumbrance, violation, variation, adverse circumstance, boundary line overlap, or encroachment (including an encroachment of an improvement across the boundary lines of the Land), but only if the encumbrance, violation, variation, adverse circumstance, boundary line overlap, or encroachment would have been disclosed by an accurate and complete land title survey of the Land. 3. Unmarketable Title. No right of access to and from the Land. 5. A violation or enforcement of a law, ordinance, permit, or governmental regulation (including those relating to building and zoning), but only to the extent of the violation or enforcement described by the enforcing governmental authority in an Enforcement Notice that identifies a restriction, regulation, or prohibition relating to: a. the occupancy, use, or enjoyment of the Land; b. the character, dimensions, or location of an improvement on the Land; C. the subdivision of the Land; or d. environmental remediation or protection on the Land. 6. An enforcement of a governmental forfeiture, police, regulatory, or national security power, but only to the extent of the enforcement described by the enforcing governmental authority in an Enforcement Notice. 7. An exercise of the power of eminent domain, but only to the extent: a. of the exercise described in an Enforcement Notice; or b. the taking occurred and is binding on a purchaser for value without Knowledge. 8. An enforcement of a PACA-PSA Trust, but only to the extent of the enforcement described in an Enforcement Notice. 9. The Title being vested other than as stated in Schedule A, the Title being defective, or the effect of a court order providing an alternative remedy: a. resulting from the avoidance, in whole or in part, of any transfer of all or any part of the Title to the Land or any interest in the Land occurring prior to the transaction vesting the Title because that prior transfer constituted a: i. fraudulent conveyance, fraudulent transfer, or preferential transfer under federal bankruptcy, state insolvency, or similar state or federal creditors' rights law; or ii. voidable transfer under the Uniform Voidable Transactions Act; or b. because the instrument vesting the Title constitutes a preferential transfer under federal bankruptcy, state insolvency, or similar state or federal creditors' rights law by reason of the failure: i. to timely record the instrument vesting the Title in the Public Records after execution and delivery of the instrument to the Insured; or ii. of the recording of the instrument vesting the Title in the Public Records to impart notice of its Copyright 2021 American Land Title Association. All rights reserved. r11� The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) (WLTIC Edition 8/12/2022) American Land Title Association Owner's Policy of Title Insurance 01-01 2021, WESTCOR with Florida modifications with Florida modifications LANG TETL NS'?QANCE COMPANY 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 matter included in Covered Risks 1 through 9 that has been created or attached or has been filed or recorded in the Public Records subsequent to the Date of Policy and prior to the recording of the deed or other instrument vesting the Title in the Public Records. DEFENSE OF COVERED CLAIMS 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 excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. a. any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) that restricts, regulates, prohibits, or relates to: i. the occupancy, use, or enjoyment of the Land; ii. the character, dimensions, or location of any improvement on the Land; iii. the subdivision of land; or iv. environmental remediation or protection. b. any governmental forfeiture, police, regulatory, or national security power. C. the effect of a violation or enforcement of any matter excluded under Exclusion 1.a. or 1.b. Exclusion 1 does not modify or limit the coverage provided under Covered Risk 5 or 6. 2. Any power of eminent domain. Exclusion 2 does not modify or limit the coverage provided under Covered Risk 7. 3. Any defect, lien, encumbrance, adverse claim, or other matter: a. created, suffered, assumed, or agreed to by the Insured Claimant; b. not Known to the Company, not recorded in the Public Records at the Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; C. resulting in no loss or damage to the Insured Claimant; d, attaching or created subsequent to the Date of Policy (Exclusion 3.d. does not modify or limit the coverage provided under Covered Risk 9 or 10); or e. resulting in loss or damage that would not have been sustained if consideration sufficient to qualify the Insured named in Schedule A as a bona fide purchaser had been given for the Title at the Date of Policy. 4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights law, that the transaction vesting the Title as shown in Schedule A is a: a. fraudulent conveyance or fraudulent transfer; b. voidable transfer under the Uniform Voidable Transactions Act; or C, preferential transfer: i. to the extent the instrument of transfer vesting the Title as shown in Schedule A is not a transfer made as a contemporaneous exchange for new value; or Copyright 2021 American Land Title Association. All rights reserved. AMLRR,AN ..................... The use of this Form (or any derivative thereof) is restricted to ALTA licensees and LAND nnL ♦)SpCiAT1CN ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) (WLTIC Edition 8/12/2022) American Land Title Association Owner's Policy of Title Insurance WESTCOR ith l ride (dific 2021) with Florida modifications ^.h;1 T11. ,E INS€t„A`4,CF �,ax+PANY ii. for any other reason not stated in Covered Risk 9.b. 5. Any claim of a PACA-PSA Trust. Exclusion 5 does not modify or limit the coverage provided under Covered Risk 8. 6. Any lien on the Title for real estate taxes or assessments imposed or collected by a governmental authority that becomes due and payable after the Date of Policy. Exclusion 6 does not modify or limit the coverage provided under Covered Risk 2.b. 7. Any discrepancy in the quantity of the area, square footage, or acreage of the Land or of any improvement to the Land. CONDITIONS 1. DEFINITION OF TERMS In this policy, the following terms have the meanings given to them below. Any defined term includes both the singular and the plural, as the context requires: a. "Affiliate": An Entity: i. that is wholly owned by the Insured; ii. that wholly owns the Insured; or iii. if that Entity and the Insured are both wholly owned by the same person or entity. b. "Amount of Insurance": The Amount of Insurance stated in Schedule A, as may be increased by Condition 8.d. or decreased by Condition 10 or 11; or increased or decreased by endorsements to this policy. C. "Date of Policy": The Date of Policy stated in Schedule A. d. "Discriminatory Covenant": Any covenant, condition, restriction, or limitation that is unenforceable under applicable law because it illegally discriminates against a class of individuals based on personal characteristics such as race, color, religion, sex, sexual orientation, gender identity, familial status, disability, national origin, or other legally protected class. e. "Enforcement Notice": A document recorded in the Public Records that describes any part of the Land and: i. is issued by a governmental agency that identifies a violation or enforcement of a law, ordinance, permit, or governmental regulation; ii. is issued by a holder of the power of eminent domain or a governmental agency that identifies the exercise of a governmental power; or iii. asserts a right to enforce a PACA-PSA Trust. f. "Entity": A corporation, partnership, trust, limited liability company, or other entity authorized by law to own title to real property in the State where the Land is located. g. "Insured": i. (a). The Insured named in Item 1 of Schedule A; (b). the successor to the Title of an Insured by operation of law as distinguished from purchase, including heirs, devisees, survivors, personal representatives, or next of kin; (c). the successor to the Title of an Insured resulting from dissolution, merger, consolidation, distribution, or reorganization; (d). the successor to the Title of an Insured resulting from its conversion to another kind of Entity; or (e). the grantee of an Insured under a deed or other instrument transferring the Title, if the grantee is: (1). an Affiliate; Copyright 2021 American Land Title Association. All rights reserved. 1,411 I:i 1.:\ti The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) (WLTIC Edition 8(12/2022) American Land Title Association Owner's Policy of Title Insurance WESTCOR with Floridav. (dific 2021) with lorida modifications t.,,ND TET€.E TN SU RANIC F, C', TA?CAN (2). a trustee or beneficiary of a trust created by a written instrument established for estate planning purposes by an Insured; (3). a spouse who receives the Title because of a dissolution of marriage; (4). a transferee by a transfer effective on the death of an Insured as authorized by law; or (5). another Insured named in Item 1 of Schedule A. ii. The Company reserves all rights and defenses as to any successor or grantee that the Company would have had against any predecessor Insured. h. "Insured Claimant": An Insured claiming loss or damage arising under this policy. i. "Knowledge" or "Known": Actual knowledge or actual notice, but not constructive notice imparted by the Public Records. j. "Land": The land described in Item 4 of Schedule A and improvements located on that land at the Date of Policy that by State law constitute real property. The term "Land" does not include any property beyond that described in Schedule A, nor any right, title, interest, estate, or easement in any abutting street, road, avenue, alley, lane, right-of-way, body of water, or waterway, but does not modify or limit the extent that a right of access to and from the Land is insured by this policy. k. "Mortgage": A mortgage, deed of trust, trust deed, security deed, or other real property security instrument, including one evidenced by electronic means authorized by law. I. "PACA-PSA Trust": A trust under the federal Perishable Agricultural Commodities Act or the federal Packers and Stockyards Act or a similar State or federal law. m. "Public Records": The recording or filing system established under State statutes in effect at the Date of Policy under which a document must be recorded or filed to impart constructive notice of matters relating to the Title to a purchaser for value without Knowledge. The term "Public Records" does not include any other recording or filing system, including any pertaining to environmental remediation or protection, planning, permitting, zoning, licensing, building, health, public safety, or national security matters. n. "State": The state or commonwealth of the United States within whose exterior boundaries the Land is located. The term "State" also includes the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and Guam. o. "Title": The estate or interest in the Land identified in Item 2 of Schedule A. p. "Unmarketable Title": The Title affected by an alleged or apparent matter that would permit a prospective purchaser or lessee of the Title or a lender on the Title to be released from the obligation to purchase, lease, or lend if there is a contractual condition requiring the delivery of marketable title. 2. CONTINUATION OF COVERAGE This policy continues as of the Date of Policy in favor of an Insured, so long as the Insured: a. retains an estate or interest in the Land; b. owns an obligation secured by a purchase money Mortgage given by a purchaser from the Insured; or C. has liability for warranties given by the Insured in any transfer or conveyance of the Insured's Title. Except as provided in Condition 2, this policy terminates and ceases to have any further force or effect after the Insured conveys the Title. This policy does not continue in force or effect in favor of any person or entity that is not the Insured and acquires the Title or an obligation secured by a purchase money Mortgage given to the Insured. 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT The Insured must notify the Company promptly in writing if the Insured has Knowledge of: a. any litigation or other matter for which the Company may be liable under this policy; or b. any rejection of the Title as Unmarketable Title. If the Company is prejudiced by the failure of the Insured Claimant to provide prompt notice, the Company's liability to the Insured Claimant under this policy is reduced to the extent of the prejudice. Copyright 2021 American Land Title Association. All rights reserved. AMHUc N The use of this Form (or any derivative thereof) is restricted to ALTA licensees and IAN() TITLE ALTA members in good standing as of the date of use. All other uses are prohibited. r Reprinted under license from the American Land Title Association, OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) (WLTIC Edition 811212022) American Land Title Association Owner's Policy of Title Insurance WESTCOR ith l rids (dific 2021) with Florida modifications 4. PROOF OF LOSS The Company may, at its option, require as a condition of payment that the Insured Claimant furnish a signed proof of loss. The proof of loss must describe the defect, lien, encumbrance, adverse claim, or other matter insured against by this policy that constitutes the basis of loss or damage and must state, to the extent possible, the basis of calculating the amount of the loss or damage. DEFENSE AND PROSECUTION OF ACTIONS a. Upon written request by the Insured and subject to the options contained in Condition 7, the Company, at its own cost and without unreasonable delay, will provide for the defense of an Insured in litigation in which any third party asserts a claim covered by this policy adverse to the Insured. This obligation is limited to only those stated causes of action alleging matters insured against by this policy. The Company has the right to select counsel of its choice (subject to the right of the Insured to object for reasonable cause) to represent the Insured as to those covered causes of action. The Company is not liable for and will not pay the fees of any other counsel. The Company will not pay any fees, costs, or expenses incurred by the Insured in the defense of any cause of action that alleges matters not insured against by this policy. b. The Company has the right, in addition to the options contained in Condition 7, at its own cost, to institute and prosecute any action or proceeding or to do any other act that, in its opinion, may be necessary or desirable to establish the Title, as insured, or to prevent or reduce loss or damage to the Insured. The Company may take any appropriate action under the terms of this policy, whether or not it is liable to the Insured. The Company's exercise of these rights is not an admission of liability or waiver of any provision of this policy. If the Company exercises its rights under Condition 5.b., it must do so diligently. C. When the Company brings an action or asserts a defense as required or permitted by this policy, the Company may pursue the litigation to a final determination by a court having jurisdiction. The Company reserves the right, in its sole discretion, to appeal any adverse judgment or order. DUTY OF INSURED CLAIMANT TO COOPERATE a. When this policy permits or requires the Company to prosecute or provide for the defense of any action or proceeding and any appeals, the Insured will secure to the Company the right to prosecute or provide defense in the action or proceeding, including the right to use, at its option, the name of the Insured for this purpose. When requested by the Company, the Insured, at the Company's expense, must give the Company all reasonable aid in: i. securing evidence, obtaining witnesses, prosecuting or defending the action or proceeding, or effecting settlement; and ii. any other lawful act that in the opinion of the Company may be necessary or desirable to establish the Title or any other matter, as insured. If the Company is prejudiced by any failure of the Insured to furnish the required cooperation, the Company's liability and obligations to the Insured under this policy terminate, including any obligation to defend, prosecute, or continue any litigation, regarding the matter requiring such cooperation. b. The Company may reasonably require the Insured Claimant to submit to examination under oath by any authorized representative of the Company and to produce for examination, inspection, and copying, at such reasonable times and places as may be designated by the authorized representative of the Company, all records, in whatever medium maintained, including books, ledgers, checks, memoranda, correspondence, reports, e-mails, disks, tapes, and videos, whether bearing a date before or after the Date of Policy, that reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the Insured Claimant must grant its permission, in writing, for any authorized representative of the Company to examine, inspect, and copy all the records in the custody Copyright 2021 American Land Title Association. All rights reserved. AMI RR. AN The use of this Form (or any derivative thereof) is restricted to ALTA licensees and wr rrn c ltti Al ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) (WLTIC Edition 8112/2022) American Land Title Association Owner's Policy of Title Insurance WESTCOR (07-01-2021) withith Florida modifications LANs. 7;T;,c pN -1N(7F �'OMPAWY or control of a third party that reasonably pertain to the loss or damage. No information designated in writing as confidential by the Insured Claimant provided to the Company pursuant to Condition 6 will be later disclosed to others unless, in the reasonable judgment of the Company, disclosure is necessary in the administration of the claim or required by law. Any failure of the Insured Claimant to submit for examination under oath, produce any reasonably requested information, or grant permission to secure reasonably necessary information from third parties as required in Condition 6.b., unless prohibited by law, terminates any liability of the Company under this policy as to that claim. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION OF LIABILITY In case of a claim under this policy, the Company has the following additional options: a. To Pay or Tender Payment of the Amount of Insurance To pay or tender payment of the Amount of Insurance under this policy. In addition, the Company will pay any costs, attorneys' fees, and expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment or tender of payment and that the Company is obligated to pay. Upon the exercise by the Company of this option provided for in Condition 7.a., the Company's liability and obligations to the Insured under this policy terminate, including any obligation to defend, prosecute, or continue any litigation. b. To Pay or Otherwise Settle with Parties other than the Insured or with the Insured Claimant i. To pay or otherwise settle with parties other than the Insured for or in the name of the Insured Claimant. In addition, the Company will pay any costs, attorneys' fees, and expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment and that the Company is obligated to pay; or ii. To pay or otherwise settle with the Insured Claimant the loss or damage provided for under this policy. In addition, the Company will pay any costs, attorneys' fees, and expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment and that the Company is obligated to pay. Upon the exercise by the Company of either option provided for in Condition 7.b., the Company's liability and obligations to the Insured under this policy for the claimed loss or damage terminate, including any obligation to defend, prosecute, or continue any litigation. 8. CONTRACT OF INDEMNITY; DETERMINATION AND EXTENT OF LIABILITY This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by an Insured Claimant who has suffered loss or damage by reason of matters insured against by this policy. This policy is not an abstract of the Title, report of the condition of the Title, legal opinion, opinion of the Title, or other representation of the status of the Title. All claims asserted under this policy are based in contract and are restricted to the terms and provisions of this policy. The Company is not liable for any claim alleging negligence or negligent misrepresentation arising from or in connection with this policy or the determination of the insurability of the Title. a. The extent of liability of the Company for loss or damage under this policy does not exceed the lesser of: L the Amount of Insurance; or ii. the difference between the fair market value of the Title, as insured, and the fair market value of the Title subject to the matter insured against by this policy. b. Except as provided in Condition 8.c. or 8.d., the fair market value of the Title in Condition 8.a.ii. is calculated using the date the Insured discovers the defect, lien, encumbrance, adverse claim, or other matter insured against by this policy. C. If, at the Date of Policy, the Title to all of the Land is void by reason of a matter insured against by this policy, then the Insured Claimant may, by written notice given to the Company, elect to use the Date of Policy as the date for calculating the fair market value of the Title in Condition 8.a.ii. d. If the Company pursues its rights under Condition 5.b. and is unsuccessful in establishing the Title, as Copyright 2021 American Land Title Association. All rights reserved. ;gni rid -t a The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Tide Association. OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) (WLTIC Edition 8112/2022) American Land Title Association Owner's Policy of Title Insurance (07-01-2021)WESTCOR with Florida modifications L,1ND TITLE NSjRANCE COMPANY insured: i. the Amount of Insurance will be increased by 15%; and ii. the Insured Claimant may, by written notice given to the Company, elect, as an alternative to the dates set forth in Condition 8.b. or, if it applies, 8.c., to use either the date the settlement, action, proceeding, or other act described in Condition 5.b. is concluded or the date the notice of claim required by Condition 3 is received by the Company as the date for calculating the fair market value of the Title in Condition 8.a.ii. In addition to the extent of liability for loss or damage under Conditions 8.a. and 8.d., the Company will also pay the costs, attorneys' fees, and expenses incurred in accordance with Conditions 5 and 7. LIMITATION OF LIABILITY a. The Company fully performs its obligations and is not liable for any loss or damage caused to the Insured if the Company accomplishes any of the following in a reasonable manner: i, removes the alleged defect, lien, encumbrance, adverse claim, or other matter; ii. cures the lack of a right of access to and from the Land; or iii. cures the claim of Unmarketable Title, all as insured. The Company may do so by any method, including litigation and the completion of any appeals. b. The Company is not liable for loss or damage arising out of any litigation, including litigation by the Company or with the Company's consent, until a State or federal court having jurisdiction makes a final, non -appealable determination adverse to the Title. C. The Company is not liable for loss or damage to the Insured for liability voluntarily assumed by the Insured in settling any claim or suit without the prior written consent of the Company. d. The Company is not liable for the content of the Transaction Identification Data, if any. 10. REDUCTION OR TERMINATION OF INSURANCE All payments under this policy, except payments made for costs, attorneys' fees, and expenses, reduce the Amount of Insurance by the amount of the payment. 11. LIABILITY NONCUMULATIVE The Amount of Insurance will be reduced by any amount the Company pays under any policy insuring a Mortgage to which exception is taken in Schedule B or to which the Insured has agreed, assumed, or taken subject, or which is executed by an Insured after the Date of Policy and which is a charge or lien on the Title, and the amount so paid will be deemed a payment to the Insured under this policy. 12. PAYMENT OF LOSS When liability and the extent of loss or damage are determined in accordance with the Conditions, the Company will pay the loss or damage within 30 days. 13. COMPANY'S RECOVERY AND SUBROGATION RIGHTS UPON SETTLEMENT AND PAYMENT a. If the Company settles and pays a claim under this policy, it is subrogated and entitled to the rights and remedies of the Insured Claimant in the Title and all other rights and remedies in respect to the claim that the Insured Claimant has against any person, entity, or property to the fullest extent permitted by law, but limited to the amount of any loss, costs, attorneys' fees, and expenses paid by the Company. If requested by the Company, the Insured Claimant must execute documents to transfer these rights and remedies to the Company. The Insured Claimant permits the Company to sue, compromise, or settle in the name of the Insured Claimant and to use the name of the Insured Claimant in any transaction or litigation involving these rights and remedies. b. If a payment on account of a claim does not fully cover the loss of the Insured Claimant, the Company defers the exercise of its subrogation right until after the Insured Claimant fully recovers its loss. Copyright 2021 American Land Title Association. All rights reserved. 'Mti:([.. k, The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association, OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) (WLTIC Edition 8/12/2022) American Land Title Association Owner's Policy of Title Insurance 2021) WESTCOK ith l rids (O7-0,_tions with Florida modifications t,AND TITLE'NdSi,Ji?ANC r^}as PANV C. The Company's subrogation right includes the Insured's rights to indemnity, guaranty, warranty, insurance policy, or bond, despite any provision in those instruments that addresses recovery or subrogation rights. 14. POLICY ENTIRE CONTRACT a. This policy together with all endorsements, if any, issued by the Company is the entire policy and contract between the Insured and the Company. In interpreting any provision of this policy, this policy will be construed as a whole. This policy and any endorsement to this policy may be evidenced by electronic means authorized by law. b. Any amendment of this policy must be by a written endorsement issued by the Company. To the extent any term or provision of an endorsement is inconsistent with any term or provision of this policy, the term or provision of the endorsement controls. Unless the endorsement expressly states, it does not: i. modify any prior endorsement, ii. extend the Date of Policy, iii. insure against loss or damage exceeding the Amount of Insurance, or iv, increase the Amount of Insurance. 15. SEVERABILITY In the event any provision of this policy, in whole or in part, is held invalid or unenforceable under applicable law, this policy will be deemed not to include that provision or the part held to be invalid, but all other provisions will remain in full force and effect. 16. CHOICE OF LAW AND CHOICE OF FORUM a. Choice of Law The Company has underwritten the risks covered by this policy and determined the premium charged in reliance upon the State law affecting interests in real property and the State law applicable to the interpretation, rights, remedies, or enforcement of policies of title insurance of the State where the Land is located. The State law of the State where the Land is located, or to the extent it controls, federal law, will determine the validity of claims against the Title and the interpretation and enforcement of the terms of this policy, without regard to conflicts of law principles to determine the applicable law. b. Choice of Forum Any litigation or other proceeding brought by the Insured against the Company must be filed only in a State or federal court having jurisdiction. 17. NOTICES 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: Westcor Land Title Insurance Company, Attn.: Claims, 875 Concourse Parkway South, Suite 200, Maitland, Florida 32751. Telephone: (866) 629-5842. 18. ARBITRATION a. All claims and disputes arising out of or relating to this policy, including any service or other matter in connection with issuing this policy, any breach of a policy provision, or any other claim or dispute arising out of or relating to the transaction giving rise to this policy, may be submitted to binding arbitration only when agreed to by both the Company and the Insured. Arbitration must be conducted pursuant to the Title Insurance Arbitration Rules of the American Land Title Association ("ALTA Rules"). The ALTA Rules are available online at www.alta.org/arbitration. The ALTA Rules incorporate, as appropriate to a particular dispute, the Consumer Arbitration Rules and Commercial Arbitration Rules of the American Arbitration Association ("AAA Rules"). The AAA Rules are available online at www.adr.org. b. If there is a final judicial determination that a request for particular relief cannot be arbitrated in Copyright 2021 American Land Title Association. All rights reserved. %,.0nit A The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association.; OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) (WLTIC Edition 8/12/2022) American Land Title Association Owner's Policy of Title Insurance WESTCOR with l rids (dific 2021) with Florida modifications i ,Nr' . TWE INNS PA e... . _ .,r`": N3 accordance with this Condition 18, then only that request for particular relief may be brought in court. All other requests for relief remain subject to this Condition 18. C. Fees will be allocated in accordance with the applicable AAA Rules. The results of arbitration will be binding upon the parties. The arbitrator may consider, but is not bound by, rulings in prior arbitrations involving different parties. The arbitrator is bound by rulings in prior arbitrations involving the same parties to the extent required by law. The arbitrator must issue a written decision sufficient to explain the findings and conclusions on which the award is based. Judgment upon the award rendered by the arbitrator may be entered in any State or federal court having jurisdiction. Copyright 2021 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. OP -61 FL ALTA 07-01-2021 Owner's Policy of Title Insurance (FLORIDA) (ALTA 7-01-2021) i,vr, Hilt (WLTIC Edition 8/12/2022) American Land Title Association 1m E S T� R nnner's Policy of Title Insurance v. 0 (dific 2021) ALTA members in good standing as of the date of use. All other uses are prohibited. Florida with Florida modifications with LAND TITLE INSURANCE COMPANl Transaction Identification Data, for which the Company assumes no liability as set forth in Condition 9.d.: Issuing Agent: Atlantic Coastal Land Title Company LLC Issuing Office: 855 21st Street, Suite C, Vero Beach FL 32960 Issuing Office's ALTA`" Registry ID: Issuing Office File Number: 2024-7260 Property Address: 9010 87th St, Vero Beach, FL 32967 SCHEDULE A Name and Address of Title Insurance Company: Westcor Land Title Insurance Company, 875 Concourse Parkway South, Suite 200, Maitland, Florida, 32751, (407) 629-5842. Policy Number: OP -61 -FL1 394-16966388 Amount of Insurance: $1,350,000.00 Date of Policy: February 21, 2025 I. The Insured is: Indian River County, Florida, a political subdivision of the State of Florida 2. The estate or interest in the Land insured by this policy is: Fee Simple 3. The Title is vested in: Indian River County, Florida, a political subdivision of the State of Florida 4. The Land is described as follows: See Exhibit "A" attached hereto and made a part hereof. WESTCOR LAND TITLE INSURANCE COMPANY By: Authorized Signatory Copyright 2021 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and AIN t 4NO "M ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license fr om the American Land Title Association OP -61S FL ALTA 07-01-2021 Owner's Policy (FLORIDA) (ALTA 7-01-2021)- Selhedules REVISED (WLTIC Edition 1013012023) American Land fitlA^*"ia'io° u°"��ruioarm,/"m, ~� WESTC;` �'���»»a�^,»,»«Wr�1�oe/> ������ wx:Florida modifications LAND rJLmxNowmANw«nnm*Aw SCHEDULEB Policy NumbocOP-61-FL1394'1G0G6388 EXCEPTIONS FROM COVERAGE Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by |ovx This policy treats any Discriminatory Covenant in a document referenced in Schedule B as if each Discriminatory Covenant is redacted, repudiated, removed, and not republished or recirculated. Only the remaining provisions ofthe document are excepted from coverage. This policy does not insure against loss or damage and the Company will not pay costs, attorneys' fees, or expenses resulting from the terms and conditions of any lease or easement identified in Schedule A, and the following matters: 1. Rights orclaims cfparties inpossession not shown bythe Public Records. 2. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete survey of the Land. The term "encroachment" includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments on the Land nfexisting improvements located onthe adjoined land. 1 Easements orclaims mfeasements not shown bythe Public Records. 4. Taxes or special assessments which are not shown as existing liens by the public records. 5� Taxes and assessments for the year 2026 and subsequent years, which are not yet due and payable, 6. This policy does not insure a right of access to and from the lands insured hereby, notwithstanding any insuring provision contained elsewhere inthis policy. 7. Easement recorded in Official Records Book 1406, Page 2689, of the Public Records of Indian River County, Florida. 8. Any lien provided by Chapter 159, Florida Statu|es, in favor cfany d(y, town, village orport authority for unpaid service charges for service by any water, sewer or gas system supplying the insured land, 9. Riparian rights and littoral rights, ifany, incident tothe land. 10� Title hnany portion ofthe land lying below the ordinary high water mark ofunnamed Lake, unaffected by fills, man-made jetties and bulkheads. 11, Title to beds or bottoms of lakes, rivers or other bodies of water located on or within the property are not insured, Copyright 2021 American Land Title Association. All rights reserved. The vrthis Form thereof) is restrkwd to ALTA licensees and~^~~ ALTA menibers tn good standuig ai of the date of tLw, All other uses are prohlbit4M- Reprinted under lioense frornthe Arner*an Landnm^ssooiatmc OP-61SpL AcrAu7.01-2o /w""~r*sp°ux (pLmmmma) (ALT A 7-01-2m/~SciliedwaREVISED (Wxzr,mEdition /mm,/zoz-3' American Land xo A^so"ia'io"o°v"�"*u //» insurance �������� � mo1^o1xw�r�1�0 o� �CO�����v�� � wnxFlorida modifications LAND p"rLexmmmRANCmCOMPANY EXHIBIT Legal Description The East One Half of the Northeast One Quarter of the Southeast One Quarter of Section 27, Township 31 South, Range 38East. LESS AND EXCEPT: The right of way for County Road 510 (Wabasso Road) lying Westerly of the East line of the East One Half of the Northeast One Quarter of the Southeast One Quarter of Section 27, Township 31 South, Range 38 East and lying Easterly of the East line of the parcel described in Official Record Book 1414, Page 1112.enrecorded inthe Public Records onIndian River County, Florida. Also LESS AND EXCEPT (per Official Records Book 1414.Page 1112) Commence at the Northwest corner nfthe East One Half n(the Northeast One Quarter mf the Southeast One Quarter of Section 27, Township 31 South, Range 38 East, according the last General Plat of the lands of the Indian River Farms Company recorded in Plat Book 2, Page 25 of the Public Records of Saint Lucie County, Florida, and run South 00 degrees 09 minutes 15 seconds West, along the West line, a distance of 134 feet to point, then run South 89 degrees 53 minutes 20 seconds East, parallel with the North line, a distance of 401.79 feet to the Point of Beginning, then run still parallel with the North line, South 89 degrees 53 minutes 20 seconds East, a distance of 248.58 feet to the East right of way line of County Road 510, then run South 00 degrees 12 minutes O7seconds West, mdistance u/11A7.22feet tompoint 1nthe North right mfway line of87thStreet, then run along the North right of way, North 83 degrees 23 minutes 41 seconds West, a distance of 154,26 feet to a point, then run North 14degrees 2Gminutes 43seconds West, edistance of280.11feet 1oepoint mf18.43foot Elevation, N.G.V,D,Established auhigh water line nf alake, then run North O2degrees 2Gminutes 18seconds West, adistance of156.QQfeet to another point of 18.43 foot Elevation, then run North 75 degrees 07 minutes 48 seconds West, adistance of238.35feet /oapoint, then run North 10degrees 01 minutes 41 seconds East, a distance of 366.30 feet to another point of 18.43 foot Elevation, then run North 24 degrees 4-4 minutes 03 seconds East, e distance of363.JOfeet (nthe Point ofBeginning. Copyright 2021 American Land Title Association. All rights reserved. The *mmthis, Form (or any &rmmmmermt) is restricted mALTA licensees, and ALTA triciribers inm��nding asofthe dateol'use.All othe,usesare prohibited, Reprinted under licen.w fforn itte Am-rican Land Title Association. mP-mmu~AcrAor-01-2o /o»tw/mmaury (FLORIDA) (ALTA 7-01-20/)-mcheumr ueVmam pwcT mCEdition /aan000> American Land Title. Assoclation ALTA Settlement: Statement - Combined Adopted.05-01-2015 File No,/Escrow No:: 2024-7260 Atlantic Coastal Land Title Company Print Date, 9, Time: 02/20/2625 12:18 PM LLC OfficerlEscroW Officer; Jason Beal 855 21st Street, Suite C Settlement, Location,: SH 21st.Street, Suite C Vero beach, FL32960 Vero Beach FL.;31960' Property Address: 901087thSt, Ver.o'Beach,FL'32967 Buyer-, Indian River County, Florida, a political subdiviMon of the State of Florida Seller: Cleghorn Shoe Corporation, a Massachusetts corporation,:ps successbr,tlo. Miami Gardensi.Inc. Lender: ment Date: February 21, 2025 rsernent Date: February,21, 2025 onal dates per staterequirements: File 4 2024- ,CopyriSk ICIS Ame6uw ;land Title Asiocuban, 7260 An riShts,resetwed. Page I of.3 Printed on February 20, 2025 at 12:18 PM Seller Description Borrower/Buyer Debit CrecUt Debit Credit �Tinanciat 1,350,000.01) Contract Sales Price 1,350,000,00 Deposit or earnest money Oro rat! ons/Adjustrn ents 75,000.06 521.61 County taxes 1/1/25 to 2/21/25 Loan Charges to Othor Loan Charges: Impounds Title Charges &,Escrow Settlement Charges 37.5.00 Closing. Fee, toAtlanticCoastal Land Title Company LLC Title Search F66 to Westcor Land Title Insurance 25b:OG company Dieltal Storage fee to'Forensis Technologies 40.00 4.75 i E -Recording Fee to 8irriplifile :9.50 7;50Wire Verification Feeto to Clo.singLock ImttTitle Insurance to Westcor Land Title Insurance 5,950.00 File 4 2024- ,CopyriSk ICIS Ame6uw ;land Title Asiocuban, 7260 An riShts,resetwed. Page I of.3 Printed on February 20, 2025 at 12:18 PM Seller --- ---- Description _ 13orrowerJBuyer — l._. _ Debit i Credit —_— —_ _ _ — Debit Cre¢it� j 27,000.00. Real Estate Commission $27,600.00 to Colliers r j international Florida Government: Recording and Transfer Charges i Recording fees. Geed: $27:00 ;to Indian River County , 27:00 i I ! Clerk of Court � � State.tax/stamps: to Indian River County Clerk of - ? 4;450A0 146:00 I I Court _ !i Record Certificate of Merger to Indian River Clerk of Court i Payoff(s) I _ _ 5 ;rMiscellaneous, Copy Certificate of Merger to Broward i 37 55 Certified of County Clerk of Court { _ i ! 2025 Real Estate Taxes to Indian River"County Tax j 521.61 i Collector Seller iBorrower/Buyer jJ Deblt 1 27,69$:81 Credit l 1,350,OQp.00 �� Debit_ i Credit ' i Sgbtotais, � J� 1,366,630.61 i 75,521 fi1 Due From Borrower_ _ — 1,291,109:00 P 1,322;301.19 1;350,000:00 w _ i X,350;000.00 i D,ue'To Seiler _ 30.61 I 1,366630.61 iTotal"s1,366,6 -----_-- __._..._.._�....._....-.— _ --- Fila 12024-7260 'copyright 2015.Amurk•n Lmd Ttiq Aiiociation. Alf runts. rescoed. -page 2 of .3. Printed: on February 2q, 2025 at 12:1$ PM edgement have carefully reviewed the ALTA Settlement Statement and find it to be a true and accurate statement of all receipts and rsements made on my account or by me in this transaction and further certify that i have received a copy of the ALTA �ment Statement. We/I authorize Atlantic Coastal Land Title Company LLC to cause the funds to be disbursed in dance with this statement, River County, Florida, a political subdivision of the State of Florida Susan Prado, Deputy County Attorney Shoe Corporation, a Massachusetts corporation, as successor to Miami Gardens, Inc. e President t2- Es=c"Ow O ice £ . v opy,ight. 2025 Amolt.n Itod Ttrre Ass"IrO m, A(4 +��ts rKsarnc�. File # 2024-7.260 Page 3 3 Printed on Februara 20, 2025 at 12:18 PM have carefully reviewed the ALTA Settlement Statement and find it to be a true and accurate statement of all receipts and rsements made on my account or by me in this transaction and further certify that I have received a copy of the ALTA iettlement Statement. We Atlantic Coastal Land Title Company LLC to cause the funds to be disbursed in accordance wit thi ate n . radian River ty, F1 ida, a po uladivislon of the State of Florida Susan Prado, Deputy County Attorney Shoe Corporation, a Massachusetts corporation, as successor to Miami Gardens, Inc. Andrew L. Ansir, Vice President Escrow Off' �':�"'.--- ---, '& -5' CWVrijht 2015 American Land Title Assotwom AX rights reserved File # 2024-7260 Page 3 of 3 Printed on February 20, 2025 at 12:18 PM CLOSING AGREEMENT Seller(s): Clegliorn.Shoe Corporation, a.Massachusetts corporation, as successor to Miami Gardens, Inc. Buyer($).: Indian River. County;,Tlorida, apolitical subdivision of the State ofFlorida Closing Agent: Atlantic Coastal Land, Title Company .LLC Property Location: 901.0 87th St, Vero Beach, CL 32.967 The undersigned hereby acknbwledge(s) and understand that contracts, affidavits, deeds, .loan documents and similarly related documents associated with a real cs.tatc transaction -are legal and .binding. documents. The closing .agent is here to facilitate: and close the transaction but does not represent the parties as legal counsel. If at aiiy time 1(we). do not understand the meaning and consequences of any document and its terms and obligations, I(we) have been advised not sign any document before the seeking,thc advice of an attorney. TAX RE-PRORAT[ON .AGR.FEMFNT: ff the, property tax Bill. for the year .of closing has not been issued by the Tax Collector at the time of closing, then the tax prorations set forth on the closing statement are haled upon an estimate, and that the actual taxes. far the calendar year in which "closing" takes place could represent .an amount substantially different from that upon which the proration was based. If such a difference is realized, the parties agrc;e that upon demand of the other; to, without unreasonable delay, re -prorate. said taxes based on the actual amount,of the bill rendered, using formulae standard in the industry, and to make an appropriate; monetary adjustment between themselves! The Closing Agent.is not responsible. to inalce further`adjustthents. AGREEMENT TO COOPERATE.- If requested by Lender`(if any) or Closing, Agent, ,the parties agree to fully cooperate and adjust for.cleiiical errors; including the dkecutian or re-execution of any reasonable document and/or the remittance .of any additional sum. The parties further agree that any amounts of inoricy'due others for services rendered in conjunction with subject "closing:'.' (such as balances owed to existing mortgages, loan costs associated with anew Mortgage, survey; termite or roof inspection fees, or other such costs or fees due), not collected or paid for .out of:closing funds, remain the responsibility:of the contracting _party to so pay, and the collection and reinittance af-sUch fees; costs or indebtedness, by the closing agent is a courtesy service provided ;by the closing agent, with the contracting. party remaining liable for payment ofany such fees; or shortages; not collected from the obligated party coincident to the "closing". ItOMEOWNF,R1S / CONOOMINIUM ASSOCIATIONS) (IF APPLICAIILE): The Buyer -acknowledges the existence .of any homeowners, and/or condominium association(,) and is ;aware. that :monthly, quarterly or annual . maintenance assessments may be, due to said association(s). Said associations) inay also have the authority to, regulate and enforce community covenants and.restrictions: PROPERTY CONDITION: Closing Agent does not make any representations or warranties..inor.assurne any liability, with respect to the physical condition of the property, and .any repairs to the property. .SURVEY(IF' Rt0UIRED OR OBTAINED): The Buyer. hereby acknowledges receipt of a copyotany 1.survey prepared for the subject transaction. The Buyer has reviewed said:.survey and accepts "title subject to the matters set forth on said survey. CLOSING/SETTLEMENT STATEMI,NT: Closing Agent does. not adjust -and/or assume liability for charges for water, rents, gas; electricity, taxes vn personal property; garbage taxes or fees, license taxes, association assessments or dues; or estoppel informatiori ftirnished by mortgagees or others: Sometimes recording fees and co.uridr/ekpress itlaiI fees may vary due to the unknown amounts. of the tithe of closing. Therefore, the .parties acknowledge hcr&% that monies collected for recording and courier/express mail pur,c I qF2 File No,: 20247260 e.r� fees may be more or less than the amount collected on the closing statement. Any shortfalls or overages shall: be considered the cost of doing business. Closing Agerlt will ncith&r refund or collect said differences The closing/settl:ement statement has been revie«led. and. approved, and the Closing Agent is irrevocably authorized to make disbursements in accord ance'therewith. CURRENT MORTGAGES AND REAL ESTATE TAXES: The Seller acknowledges that the payoff statement received by the Closing Agent from the current, mortgagees may be subject to final audit alter receipt of the payoff funds resulting in a demand by said mortgagee for additional tuinds and Seller agrees to hold Atlantic Coastal, Land Title Company LLC harmless for the loss or damage incurred, due.'to any inaccurate payoff balanee whether in writing or given verbally and. agrees to pay the shortageimmediately to Atlantic Coastal Laud Title. Company LLC..The Seller farther- agives that responsibility The unpaid real property taxes and/or assessments not collected orprorated coincident to closing; notwithstanding any error or omission on behalfofthe closing agentin reporting, collecting, or discovering same; shall remain the responsibility of Seller. PARTIES: "Seller and '`Buyer' indicate -singular or plural, as the context so requires. or admits. Cleghorn Shoe Corporation, a Massachusetts Indian Mycr Coutity,..Florida, a political corporatioi►, as successor* to Miami Gardcns, subaiviSion. of lire S f F .ricin .Inc. By: By: Susali �I'ra o, puty ounty Attorney Andrew L. Ansin, Vice President �L l Date: SELLERS) ADDRESS ANDPHONE NUIvlBER(S) AFTER CLOSING Address: Phone Nuniher(s) Home; E -Mail Address: Work: Other: Page"_ oi•, File Na:`202,r7260 L fees may be more or less than the amount collected on the closing statement., Any short&lls or overages shall be considered the: cost of doing business. Closing Agent, will neither refimd or collect said dIffferences, The closingAettlemeut statement has been reviewed and approved, and the Closing- Agent is irrevocably authorized to make disbuTsements, in accordance therewith. CURRENT MORTGAGES AND REAL --ES ' TATE TAXES: The Seller acknowledges that the payoff statement received by the Closing Agent from the current mortgagees .may be subject to final audit after receipt of the paypff, demand funds resuldug,in. abysaid mortgagee for additional funds and Seller agrees to hold Atlantic Coastal, Land Title Company LLC harmless.fortbe loss or dairia-oe incurred: due toany inaccurate payoff balance whether in writing or given yerbally,aud agrees to pay the shortage immediately to Atlantic Coastal Land Title -Company LLC. The. Sellerhaher agrees that responsibility for unpaid real property taxes and/or assessments not collected or prorated coincident to.closing, nouvithstandingany error or omission mission on behalf of the closing. agent in reporting collecting, at discovering same, shad remain the responsibility of Seller. PARTIES, "Seller" And "B.iiyer" indicate singWar or plural., as.the 1context so. requires 'or admits. Cleghorn Shoe Corporation, a Massachusetts corporation, as suctessor to Miami Gardens, Inc. 'By: AhdrBw L. Aiisin,NO, *President Date: - Indian .1118ver County,florida, a political subdivision of the ,Sutte-of Florida By. Susan Prado, Deputy County Attorney Date: SELLER(S) ADDRESS AND PHONE, MMBER(S) AFTER CLOSING Address: LOSI NGAddress: Phone, Number(s)0 (A2 Ij 4 Hoine: ki I Work:. 'T"L, E -Mail Address: i4b ....,!1,jr 6.) id X (,7 r, Other, k1je 2 of 2, Me No.: 2024-726f)