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Home My WebLink About2025-255AOMB NO. 2502-0265 -�j�j A B. TYPE F LOAN U.S. DEPARTMENT OF HOUSING 8. URBAN DEVELOPMENT 1.❑FHA 2.❑FmHA 3.❑CONY. UNINS. 4.❑VA 5.❑CONV. INS. 6. FILE NUMBER 1 7, LOAN NUMBER SETTLEMENT STATEMENT 408. Assessments to 039036-085235 109. 409. 8. MORTGAGE INS CASE NUMBER A AD�1 111. 411. 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. Z C Items marked 'fPOCJ" were paid outside the dosing, they are shown here for informational purposes and are not included in the totals. i '?I M 6,101,984.00 420, GROSS AMOUNT DUE TO SELLER 10 396 0390366085235.PFDi93903&0852355 (!i 0 D. NAMEAND ADDRESS OF BUYER E. NAME AND ADDRESS OF SELLER F. NAME AND ADDRESS OF LENDERC 0 Indian River County Island Manor Development LLC N/A O ,� 1801 27th Street, Bldg.A 550 Beach Road, Unit 218 M Z Vero Beach, FL 32960 Indian River Shores, FL 32963 205. X O 206. 506. 0 207. 507 r; M G. PROPERTY LOCATIONH. SETTLEMENTAGENT I. SETTLEMENT DATE � -1 1350 Island Club Manor Dean, Mead, Minton & Moore Adjustments For Items Unpaid By Seller -0 Vero Beach, FL 32963 510. C/Town Taxes to March 4, 2026 211. County Taxes 01/01/26 to 03/04/26 Indian River County, Florida PLACE OF SETTLEMENT 212. Assessments to m 213. 513, 214, 1903 S. 25th Street, Suite 200 215. 515. Fort Pierce, Florida 34947 216, 516. J. SUMMARY OF BUYER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION 100. GROSS AMOUNT DUE FROM BUYER: 400. GROSS AMOUNT DUE TO SELLER: 101 Contract Sales Price 5,850,000.00 401. Contract Sales Price 5,850,000.00 102. Personal Pro 402. Personal PropertV 103. Settlement Charges to Buyer (Line 1400) 251,984.00 403. 104. 404_ 105. 405. Adjustments For Items Pard By Seller rn advance Adjustments For Items Paid By Seller in advance 106. City/Town Taxes to 406. City/Town Taxes to 107. County Taxes to 407. County Taxes to 108. Assessments to 408. Assessments to 109. 409. 110. 410. 111. 411. 112. 412. 120. GROSS AMOUNT DUE FROM BUYER 6,101,984.00 420, GROSS AMOUNT DUE TO SELLER 5,850000.00 200. AMOUNTS PAID BYOR IN BEHALF OF BUYER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. Deposit or earnest money 501. Excess Deposit See Instructions 202. Pnnci alAmount of New Loans 502. Settlement Charges to Seller Line 1400 56,222.00 203. Existing bans taken subectto 503. Existing bans taken sub'ectto 204. 504. Payoff First Mortgage 205. 505. Pa off Second Mortgage 206. 506. 207. 507 208. 508. 209. 509. Adjustments For Items Unpaid By Seller Adjustments For Items Unpaid By Seller 210. C' /Town Taxes to 510. C/Town Taxes to 211. County Taxes 01/01/26 to 03/04/26 9454.47 511. County Taxes 01/01/26 to 03/04/26 9454.47 212. Assessments to 512. Assessments to 213. 513, 214, 514. 215. 515. 216, 516. 217. 517. 218. 518. 219. 519. 220. TOTAL PAID BWFOR BUYER 9,454.47 520. TOTAL REDUCT AMT DUE SELLER 65,676.47 300. CASH AT SETTLEMENT FROMfT0 BUYER: 600. CASH AT SETTLEMENT TO/FROM SELLER: 301. GrossAmount Due From Buyer Line 120 6,101,984,00 601. Gross Amount Due To Seller Line 420 5 850 000.00 302. LessAmount Paid By/For Buyer (Line 220) ( 9,454.47) 602. Less Reductions Due Seller (Line 520) ( 65 676.47) 303. CASH(X FROM) ( TO) BUYER 6,092,529.53 603. CASH( X TO) ( FROM) SELLER 5.784.323 53 I UC' l (3W )RESAS !64375.2 L. SETTLEMENT CHARGES 700. TOTAL COMMISSION Based on Price $ 5,850,000.00 @ 4.0000 % 234,000.00 FilDFOM BWDFOM ERS Division of Commission (line 700) as Follows BUYSELLERS ws: nirDS AT Firs AT 234 000.00 to Colliers International Florida LLC SETTLEMENT SEI7LEMEM to 1000. RESERVES DEPOSITED WITH LENDER 1001. Hazard Insurance months @ $ per month 1002. MOR a e Insurance months @ $ per month 1003.Cbtrrown Taxes months @ $ per month 1004, County Taxes months $ per month 1005. Assessments months @ $ per month 1006. months @ $ per month 1007. months @ $ per month 1008. months @ $ per month 1200. GOVERNMENT RECORDING AND TRANSFER CHARGES 1201. Recording FeeS: Deed $ 31.75 Mortgage $ Releases $ 31.75 1 City/County TaxJStamps Deed Mortgage 1203. State Tax/Stamps: Deed 40,950.00: Mortgage 40 950.00 1204. Record Surveyor's Affidavft to Sim (dile fbo Indian River County Clerk 40.25 1205. Record Sellers LLC Affidavit to Simpldile fbo Indian River County Clerk zl 7r Certified to be a true copy Dean, Mead, Minton & Moore Settlement Agent (039036-0852351039036-085235/5) rM� Z —4 Cr r �+ to CDO r0� MZ O n Z r� M A� a 0 M Buyer (s): Indian River County 1801 27th Street, Bldg. A Vero Beach, FL 32960 Settlement Agent: Dean, Mead, Minton & Moore (772)464-7700 Place of Settlement: 1903 S. 25th Street, Suite 200 Fort Pierce, Florida 34947 Settlement Date: March 4, 2026 Property Location: 1350 Island Club Manor Vero Beach, FL 32963 Indian River County, Florida HUD -1, Page 3 Seller(s): Island Manor Development LLC 550 Beach Road, Unit 218 Indian River Shores, FL 32963 I have carefully reviewed the HUD -1 S oeri*trft,"t and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbt�rsoe'rlLfi'made 8rtl',,'aijcount or by me in this transaction. I further certify that I have received a copy of the H U D-1 Settlement Sf6tetiiientf/ ti ; Indian River County �\ ' s Island Manor Development LLC BY: BY: Chai irruan f ' ` v Alan Wilkinson, Manager BY: CountyAdm nistrator APPROVED TO FORM AND LECaKL SUPFICIENCY B CHttl 0 HER A. HICKS ASSISTAI T UNTY ATTORNEY Attest: Ryan L. Butler, Clerk of Circuit Court and Comptroller 11 • �.�' u< - WARNING: It is a crime to knowingly make false statements to the United States on this or any sirtdlar forth. Penalties upon conviction can include a fine and imprisonment For details see: Title 18 U.S. Code Section 1001 and Section 1010. (039036-085235. PFD/039036-085235/5) DAA C r�tm c>O r O '< rnz O n z rS; M ;0-I D O M Z:j C rInm D COMPLIANCE AGREEMENT m z 200 0 Seller: ISLAND MANOR DEVELOPMENT LLC, a Florida limited liability company rn Buyer: INDIAN RIVER COUNTY, a political subdivision of the State of Florida V Property: Parcel ID 31-39-26-00000-0100-00008/0, see attached Exhibit "A" for description Closing Agent: Dean, Mead, Minton & Moore m Closing Date: March , 2026 File Number: 1002449-1006859 As part of the referenced purchase and in consideration of Dean, Mead, Minton & Moore (the "Closing Agent") completing the transaction and disbursing funds in connection therewith, Buyer and Seller agree, if requested by the Closing Agent, to execute and deliver, or to re - execute and deliver, any such instruments and documents, and to otherwise fully cooperate in all respects in order to adjust, clarify, correct and/or eliminate errors or omissions in all documentation executed in connection with the above -referenced closing, if deemed necessary or desirable in the sole discretion of the Closing Agent, to effect full compliance with the terms and conditions of the contract executed by the parties in connection with the above -referenced closing. In the event a party fails or refuses to execute any and all of such documents immediately upon request, said party shall be responsible for any and all loss or damage suffered by Closing Agent as a result of such failure or refusal. This Agreement may be executed in one or more counterparts all of which together constitute one binding agreement on the parties hereto. Some or all of the parties hereto may execute and deliver this Agreement electronically, whether using an electronic signature and delivery service such as DocuSign or eSignlive, or by use of electronically copied/saved and transmitted executed documents, such as by emailing a PDF of the signed Agreement. The parties hereto expressly agree that the actual execution and delivery of this Agreement by electronic means specifically will be governed by the Electronic Signatures in Global and National Commerce Act (ESIGN), 15 U.S.0 § 7001, and the governing law applicable to the remainder of the Agreement is as otherwise stated herein. IN WITNESS WHEREOF, the undersigned have executed and delivered this instrument and have intended the same to be and become effective as of the day of March, 2026. Buyer: INDIAN RIVER COUNTY, a pi�Yhcal* * *" . F""' ; subdivision of the State of F1 ; 1 * e By: ;'3�-�it�'F[ � _ •ice,. Print Name: Deryl Loar Title: Chairman APPROVE FORM AND SUFFI IENCY 6166439.v 1 BY CHR TOPH R A. HICKS ASSISTA NTY ATTORNEY Seller: ISLAND MANOR DEVELOPMENT LLC, a Florida limited liability company LI -A Alan Wilkinson, Manager Attest: Ryan L. Butler, Clerk of Circuit Court and Comptroller By. Deputy Clerk mo> M --I Z;0c riM CLOSING STATEMENT ADDENDUM c v 0 �0 M Seller: ISLAND MANOR DEVELOPMENT LLC, a Florida limited liability company 0 0 Buyer: INDIAN RIVER COUNTY, a political subdivision of the State of Florida m � Property: Parcel ID 31-39-26-00000-0100-00008/0, see attached Exhibit "A" for description ; Closing Agent: Dean, Mead, Minton & Moore y Closing Date: March , 2026 m File Number: 1002449-1006859 TAX RE -PRORATION AGREEMENT: If the most recent property tax bill issued does not cover through the closing date, then the tax prorations set forth on the settlement statement are based upon prior year's ad valorem real property taxes with maximum discount taken, unless a more current estimate of the ad valorem real property taxes is available. The basis of proration as set forth on the settlement statement is hereby accepted by the parties to this transaction. It is hereby understood and agreed that the actual taxes, if different, will be adjusted between the parties upon demand. Closing Agent is not liable or responsible for adjustment or re -proration of taxes. Closing Agent is not responsible or liable for additional taxes, other charges or tax refunds, if any, and shall not be liable should any of the parties to this transaction fail or refuse to re -prorate the taxes. PROPERTY TAX DISCLOSURE SUMMARY: BUYER SHOULD NOT RELY ON THE SELLER'S CURRENT PROPERTY TAXES AS THE AMOUNT OF PROPERTY TAXES THAT THE BUYER MAY BE OBLIGATED TO PAY IN THE YEAR SUBSEQUENT TO PURCHASE. A CHANGE OF OWNERSHIP OR PROPERTY IMPROVEMENTS TRIGGERS REASSESSMENTS OF THE PROPERTY THAT COULD RESULT IN HIGHER PROPERTY TAXES. IF YOU HAVE ANY QUESTIONS CONCERNING VALUATION, CONTACT THE COUNTY PROPERTY APPRAISER'S OFFICE FOR INFORMATION. REPRESENTATION ACKNOWLEDGMENT: I understand and acknowledge that Dean, Mead, Minton & Moore is acting as closing/title agent in connection with the subject transaction and have not provided representation to Buyer in connection with this transaction. The closing fee, title search fee and/or other fees charged to either party on the settlement statement in no way represent attorney's fees (unless such fees are specifically itemized as Attorney's fees) and do not indicate any representation by Dean, Mead, Minton & Moore of the party charged with said fee(s). AGREEMENT TO COOPERATE: If requested by Lender (if any), Closing Agent, Title Agent or Title Underwriter, the parties agree to fully cooperate and adjust for clerical errors, including the execution or re-execution of any reasonable documentation and/or the remittance of any additional sums. MISCELLANEOUS: Closing Agent does not make any representations or warranties nor assumes any liability with respect to the physical condition of the property, or any repairs to the property. Buyer has been advised and encouraged to secure hazard insurance coverage prior to completion of closing. If a survey was prepared for the subject transaction, then the Buyer hereby acknowledges receipt of a copy thereof. Buyer has reviewed said survey and accepts title subject to the matters set forth thereon. Buyer has received and reviewed the proposed deed and is satisfied with and approves the manner which title is being held. 6166492.0 OP. DMS Z -•i C r - nm WOO COUNTERPARTS; E -SIGNATURES: The Closing Statement, HUD Settlement Statement or ALTA.4.40 Settlement Statement and this Addendum (the "Closing Statement") may be executed in one or more m z counterparts all of which together constitute one binding agreement on the parties hereto. Some or all 0z of the parties hereto may execute and deliver the Closing Statement electronically, whether using an m electronic signature and delivery service such as DocuSign or eSignlive, or by use of electronically ;0N copied/saved and transmitted executed documents, such as by emailing a PDF of the signed Closing D Statement. The parties hereto expressly agree that the actual execution and delivery of this Closing m Statement by electronic means specifically will be governed by the Electronic Signatures in Global and National Commerce Act (ESIGN), 15 U.S.0 § 7001, and the governing law applicable to the remainder of the Closing Statement is as otherwise stated herein. DISBURSEMENT AUTHORIZATION, ETC.: Closing Agent does not adjust or assume liability for charges for water, rents, gas, electricity, taxes on personal property, garbage taxes or fees, license fees or taxes, service/maintenance contracts (pest control, appliance maintenance, pool care, lawn care, alarm systems, etc.), association assessments or dues, or estoppel information furnished by mortgagees or others. The Closing Statement has been reviewed and approved and Closing Agent is irrevocably authorized and directed to complete the closing of the transaction and make disbursement in accordance therewith. In the event of mortgage assumption, if Seller has received a credit for the escrow account balance, then Seller hereby assigns all right, title and interest in said account to Buyer. Seller, Buyer, and Borrower are used for singular or plural, as the context so requires or admits. This is being provided as an inducement for Closing Agent to serve as the closing agent and for Title Agent and Title Underwriter to issue title insurance on the subject transaction. RECORDING COST OVERAGE/SHORTAGE: Frequently, documents to be recorded have extra pages, or fewer pages, than anticipated even immediately before closing. These amounts are almost always nominal in relation to the amount changing hands at the closing. Accordingly, our office has implemented the following guideline: If there is a shortage at closing of $20.00 or less, and we have charged a Closing Fee, then we will pay that shortage from our Closing Fee. In the alternative, if there is a surplus of $20.00 or less in excess of what is required for closing, we will retain that amount as part of our Closing Fee, unless specifically requested otherwise by a party to the closing. Buyer: INDIAN RIVER COUNTY, a political subdivision of the State of Florida By: Print Name: Deryl Loar Title: Chairman •"S'✓�,,,�;��,•� APPROVE! AS TO FORM ANLI,CEGAVS0F�ICIENCY CHR ASSISI* HER A. HICKS UNTY ATTORNEY Seller: ISLAND MANOR DEVELOPMENT LLC, a Florida limited liability company Alan Wilkinson, Manager Attest: Ryan L. Butter, Clerk of Circuit Court and Comptroller 6166492.v1 - Page 2 Closing Statement Addendum MO> ,�,1 m Z c IVIM rc rim This Instrument Prepared By: Laura M. Young, Esq. Dean, Mead, Minton & Moore 1903 South 25th Street, Suite 200 Fort Pierce, Florida 34947 (772) 464-7700 For Official Use Only Tax Parcel Identification No.:31-39-26-00000-0100-00008/0 SPECIAL WARRANTY DEED THIS SPECIAL WARRANTY DEED is made as of the day of 2026, by ISLAND MANOR DEVELOPMENT LLC, a Florida limited liability company, Document Number L22000127004, whose address is 550 Beach Road, Unit 218, Indian River Shores, FL 32963 ("Grantor"), to INDIAN RIVER COUNTY, a political subdivision of the State of Florida, whose address is 1801 271h Street, Building A, Vero Beach, FL 32960 ("Grantee"). (Whenever used herein, the terms "Grantor" and "Grantee" include all the parties to this instrument and the heirs, personal representatives and assigns of individuals and the successors and assigns of corporations, limited liability companies, partnerships, governmental and quasi -governmental entities.) WITNESSETH: THAT GRANTOR, for and in consideration of the sum of Ten Dollars ($10.00) and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, by these presents does grant, bargain, sell, alien, remise, release, convey and confirm unto Grantee, all that certain parcel of real property (the "Land") situate in St. Lucie County, Florida and more particularly described in Exhibit "A", attached hereto and made a part hereof. 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 the Land in fee simple; that Grantor has good right and lawful authority to sell and convey Grantor's interest in and to the Land and hereby warrants the title to the Land and will defend the same against the lawful claims of all persons claiming by, through or under Grantor, but not otherwise. This conveyance is subject to taxes accruing subsequent to December 31, 2025, and to easements, restrictions, agreements, conditions, limitations, reservations and other matters of record, if any, but this reference to the foregoing shall not operate to reimpose the same. 6166353.v1 c >0 mz O0 0 z r� M M� 7, D G) M IN WITNESS WHEREOF, the party referred to above as Grantor has caused this instrument to be executed and delivered in its name and has intended the same to be and become effective as of the day and year first above written. Signed, sealed and delivered in the presence of: Witness 1: Signature: Print Name: Address: Witness 2: Signature: Print Name: Address: STATE OF FLORIDA COUNTY OF GRANTOR ISLAND MANOR DEVELOPMENT LLC, a Florida limited liability company Alan Wilkinson, Manager The foregoing instrument was acknowledged before me by means of (check one) [ ] physical presence or [ ] online notarization this day of , 2026, by ALAN WILKINSON as MANAGER of ISLAND MANOR DEVELOPMENT LLC, a Florida limited liability company. Said person (check one) [ ] is personally known to me, [ ] produced a driver's license issued by a state of the United States within the last five (5) years as identification, or [ ] produced other identification, to wit: [Affix Notary Seal] Print Name: Notary Public, State of Florida Commission No.: My Commission Expires: 2 6166353.0 70 0 D D;� ZC rim c>0 -4 M 00 0Z r� M D c� rn Exhibit "A" Legal Description from Survey (OVERALL DESCRIPTION BY SURVEYOR) A PORTION OF GOVERNMENT LOTS 10 AND 11 LYING IN SECTION 26, TOWNSHIP 31 SOUTH, RANGE 39 EAST OF INDIAN RIVER COUNTY, FLORIDA BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: FOR THE POINT OF BEGINNING BEGIN AT THE SOUTHEAST CORNER OF SAID SECTION 26; THENCE S89054'31"W ALONG THE SOUTH LINE OF SAID SECTION 26 A DISTANCE OF 2115.44 FEET TO POINT "A" AT THE EAST RIGHT OF WAY LINE OF JUNGLE TRAIL; THENCE CONTINUE S89054'31"W ALONG SAID SOUTH LINE A DISTANCE OF 48.08 FEET TO THE WATERS OF THE INDIAN RIVER; THENCE N12017'3211W ALONG SAID WATERS OF THE INDIAN RIVER A DISTANCE OF 188.46 FEET TO THE NORTH LINE OF THE SOUTH 184.20 FEET OF SAID GOVERNMENT LOT 10; THENCE N89054'3111E ALONG SAID NORTH LINE A DISTANCE OF 231.34 FEET; THENCE N00022'40"E A DISTANCE OF 100.00 FEET TO THE NORTH LINE OF THE SOUTH 284.20 FEET OF SAID GOVERNMENT LOT 10; THENCE N89054'31"E ALONG SAID NORTH LINE A DISTANCE OF 380.47 FEET TO THE WEST LINE OF THE EAST 279.80 FEET OF SAID GOVERNMENT LOT 10; THENCE N00038'53"W ALONG SAID WEST LINE A DISTANCE OF 97.20 FEET; THENCE N88058'4411E A DISTANCE OF 136.16 FEET TO THE WEST LINE OF THE EAST 143.63 FEET OF SAID GOVERNMENT LOT 10; THENCE N00038153"W ALONG SAID WEST LINE A DISTANCE OF 110.60 FEET TO THE NORTH LINE OF THE SOUTH 494.2 FEET OF GOVERNMENT LOTS 10 AND 11; THENCE N89054'3111E ALONG SAID NORTH LINE A DISTANCE OF 339.65 FEET TO THE EAST LINE OF THE WEST 196.00 FEET OF GOVERNMENT LOT 11; THENCE S00038'53"E ALONG SAID EAST LINE A DISTANCE OF 64.20 FEET TO THE NORTH LINE OF THE SOUTH 430.00 FEET OF GOVERNMENT LOT 11; THENCE N89154'31"E ALONG SAID NORTH LINE A DISTANCE OF 1112.42 FEET TO THE EAST LINE OF SAID SECTION 26; THENCE S00028'46"E ALONG SAID EAST LINE A DISTANCE OF 430.01 FEET TO THE POINT OF BEGINNING. CONTAINING 19.41 ACRES MORE OR LESS. EXCEPTING THEREFROM A 40.00 FOOT WIDE RIGHT OF WAY FOR JUNGLE TRAIL AS RECORDED IN PLAT BOOK 9, PAGE 40, PUBLIC RECORDS OF INDIAN RIVER COUNTY, FLORIDA AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: FOR THE POINT OF BEGINNING BEGIN AT POINT "A" AT THE INTERSECTION THE SOUTH LINE OF SAID SECTION 26 WITH THE EAST RIGHT OF WAY LINE OF JUNGLE TRAIL AS DESCRIBED ABOVE; THENCE S89054'31"W ALONG SAID SOUTH LINE A DISTANCE OF 41.05 FEET TO THE WEST RIGHT OF WAY LINE OF JUNGLE TRAIL; THENCE N13004'00"W ALONG SAID WEST RIGHT OF WAY LINE A DISTANCE OF 189.03 FEET TO THE AFOREMENTIONED NORTH LINE OF THE SOUTH 184.20 FEET OF GOVERNMENT LOT 10; THENCE N89154'31"E ALONG SAID NORTH LINE A DISTANCE OF 41.05 FEET TO THE AFOREMENTIONED EAST RIGHT OF WAY LINE OF JUNGLE TRAIL; THENCE S13004'00"E ALONG SAID EAST RIGHT OF WAY LINE A DISTANCE OF 189.03 FEET TO THE POINT OF BEGINNING. CONTAINS 0.17 ACRES MORE OR LESS. STATE OF FLORIDA INDIAN RNER COUNTY THIS IS TO CERTIFY THAT THIS IS ATRUE AND CORRECT 6237885.v I COPY OF THE ORIGINAL ON FILE IN THIS OFFICE FAAN L. afrLER. qLOK _ MW %IIIT,V UAW �. 1�1^Il� W17- -