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CAMPBELL PAVING COMPANY (2) ,~", FORM 124 FLORIOA Wuraa'YOood, (Jlr.....Co.p.) "- r . . I " r: ~^c /....... executive line _ . 18~0127t12 ' ',-&t2j 8 3~ 'b.t 5916 :'^G:1677 m-hig l1ootntun. ro~~ .Made this " 'f~ lIP day of NOVEMBER , A. D. 19 84 ittwtttt CAMPBELL PAVING COMPANY a corporation existing under the laws of the State of Florida having its principal place of business in the County of Pinellas State of Florida party of the first part, and CITY OF CLEARWATER P.O. Box,4748, Clearwater, FL 33518 of the County of Pinellas and State of Florida party..,J}.[ the second part, lWIittt1'991'tl1. that the said party of the first part, for and in consideration oj the sum of TEN AND NO /100 ($10.00) ---------------------------------------Dollars, to it in hand paid by the said party of the second part, the receipt whereof is hereby acknowledged, has granted, bargained and sold to the said party of the second part forever, the following described land, situate, lying and being in the County of Pinellas , State of Florida, to wit: , and SEE ATTACHMENT 1'1 1'tb qQ '11 Subj ect to taxesfr()ml-l...lo'-84cand call years I( Subject to easements. restrictions and reservations if any. Subj ect to a spur right of way contained in a lease between the Campbell Paving Company and the Seaboard Coastline Railroad and Dee Wood Industries, Inc. (now Robert R. D'Andrea) dated June 1, 1973, and being numbered by the railroad as 1496 The south 30 ft. of theS 195 ft. of the SH 1/4 of dated Jan. 27,,1984,with Robert R. D'Andrea which a joint use and also provides for the right to use and along the whole length of the said 195 ft. for (see other side) This Deed is being re-recorded to correct a scrivener's error. .4.nd the said party of the first part does hereby fully warrant the title to said land, and wil~ defend the same against the lawful claims of all persons whomsoever. " C1fG J 00020 - . C 0 C L- '1 11u Ihtu1'99 1141'rl',~(~,:~~'~,Cfidp~rty 01 the /frst pa~t has ~ ~ q ,(1.: caus~d these pra~'1tt~M~n~~ inlts name bl! lts President, ~ ~ /At+- and lts corpora.",. ,.,"'~'.~'~.., ',~attested by lts ~all yo ~ tV, . .' t' " ,'. :~rv.:~rtay and year above wntten. . CCorporar;e ."lE<<K CI~dLl (.:,rlj!!f S al) , ' ~ " , .. ' ..,",.' : CAMPBELL PAVING COMPANY 11 e r1' _ ~~/~ .Jut t8 "~, IH-1S "2 tV" Attest: ..J__~~/Y.. L/~ ' 'By-z-J. '"-. ~;'~.....b~ ! ~ FranCls B. Crews W.M. Campbell f- President. \l) i;igltrb. ~ralrb sltb llrlturrrb iu <:@ur l1rrlitltrt: ~U' ~~ ~.... r l:;:-:;~';~~;,:; '~ :;~ ';',~ ,J, .J~X .' ?e~ ~~J7//;'<~< ("',' '" "h,'" ~~. ;:s: y ~tutt nf 1J11nri~a- By, . .. "~'r'" ~~ '~ ~ ~ } ~ t~ ~ roaUltt" af PINELLAS ,~ c . It:, 'Ii.- , '~-t 3J lIrrrh" C!Iuttf"_ That on this day of November .d..1Il~ 1~8~,<,;;" ",. before me personally appeared ~v. M. Campbell .~ 'aita;~ .:L Francis B. Crews, President and Secretary , "',' '::; respectively of CAMPBELL PAVING COMPANY , a corporation ....t under the laws of the State of Florida, to me known to be the :;f: persons described in and who executed the fore~oin~ conveyance to CITY OF CLEARWATER the SE 1/4 are subject to a lea e at Paragraphs 37 & 38 provide; f r a strip 30 ft. wide lying south ingress & egress, and grantor , - f and se1)erally acknowled~ed the execution thereof to be their,free act and deed as such officers, for the uses and purposes therein mentionedt 'and~h:.at,they affixed thereto the official seal of said corporation, and the said inst.r.l!>menl is" the act and deed of said corporation." .Ultrss my si~nature and official seal at Clearwaioer in the County of Pinellas and Wta,te.~of Fl@ida, the day and r,~~a~r~~~~~~:~~~~~.;?' d<<J;;~:2X~?'7d~u ./d.()65-tlb(Lf) )2() (~I ,; ,(,..- j./J " t / I r ., t- "--'---- . ;,'..<<'d) ,:',,",,' i ,') , ' l/./ .l, ;) I .(.:; Notary Public " , ' ,,' 'NotilrY Pl:U:" St.Jt~c.f Florida ..::..,: MIDST"'~~' L~GALSUPPL Y co. INC. - ORLANDO, FLORIDA My Commission EXP"'Ft.,mm:'.inr, r:::;I;{("!s Jmw lS, 1" ,,8 th>ior:icd I hru L'oy "'dhl ~ !r.:>,,"fa/),c, Ifl';~ (continued from other side) It 5916 '.\f.f1 18 '~79""'~, . '. :1, reserves to itself, its successors and assigns a 30--=-fo~ wide~non-exclusive ease- ment over the south 30 ft. of the 195 ft. above described for ingress & egress. Grantor conveys to the grantee a non-exclusive easement for ingress and egress over a strip of land 30 feet wide lying innnediately S'OLJth: of the 195 feet above described across the entire length...' " LEGAL DESCRIPTION /,EG t'Oe 0 .. THAT PART OF 5[CT10:;5 1 ANI' 12, TO.....NSHlr 29 SOUTH, RAJJGE 15 fAST, PINELLAS COUNTY, FLORIDA DESCRIBED AS FOLLO~S: aE~INNi~G AT tHe SOUTH~EST CORNER OF THE SOUTH~AST 1/4 OF 5 ( C T I 0 i ; 1, i ()~! N S HIP 2 9 sou T H , R :. i ~ G E 1) E r.. S T ;. t m RUN T H [ N C E 589c21'17"E 50.00 FEET TO THE P01NT OF BEGINiHNc.; THENCE N001&'30"~ 395.00 FEET ALONG HiE EASTERLY RIGi-!T-OF-WAY OF HEP.CULE~ AVENUE; THEr~CE S8902]'OQO( 225.UO FEET; THENCE NO::'15'30"E lCO.OO FEET; THENCE S2:~o,]1'OOil[ 90.00 FEET ALOtJc. THE SOUTH LINl OF THf CLEA,,\.t.'AiER INDUSTRIA:... PAR.~, ACCORDINc. 10 TH[ PLAT T!if~LO~ AS RECOR:l[D lt~ PLAT BOOK 44, PAGE 4S, OF THE PUBLIC RECORDS or PIN[LLAS CCU~TY, FLO~IDA; 'THeNce S001&'30"E 4&0.00 FEET; lri[NC[ S89<;;21'17"E 39;.42 FEE,T ALO~J(, A LINE 35 FEET NORTH OF ~NO PARALLEL TO THE SOUTH BOUNDARY OF ~AID SECTION 1. TO A POINT 8 FEET EAST OF THE CENTERLINE OF ARA'LRO~D SP','~: TRACK; 1Ii::~~CE NC:o 37' 081'( ALOtJG A CUkV[ TO iH[ LEFT ~;\'/: Pjr, ;... RA81US OF 488.05 FErT, A~C or 162.32 FECT, CHOKD OF 1&1.57 FEE!, ALOtJG ;.. LIN!: 8 Ft::ET EAST OF THE CENTERLINE or l:iE AFORLSAl D RAI L- _R{)_~:1. S..RtLP, TP/.'':J:.__.;_ T--~,E;-t~CC- --SS9CJ2J-'-)}.II.[.- 5-2-0..9(: F-b-[-T- -!\-L-C.;.~.G--'--/\ L-,j-~.~::--,-- 19S.00 Fr.:ET IJQRTH or THf SOUTH BOU:WARY OF SAIC>SECTlor~ 1; THEt~CE 50009'32"[ 195.00 FEET ALONG THE fAST RI(,HT-or-....'AY OF ~UrJSHINE DRIVE AS SHOw:~ ON lrlE. AFOREt-',EtHIO:..ED PLAT OF j~E CLfAR.....ATER HWUSTRIAL rAR~~; THENCE tJ89021'17";.! SSe.bO rUT ALO'~c. THE SOUT~ oCUi~DARY OF SAID SECTlOtJ 1/ ALSll R~JN(, TH[ t~nRTH BOU1WARY OF SAID SECTION 12, TO A POINT a,oo FEEl CAS1 OF THE C[t~Tf."L1NL OF SAID ~AIL~',',!,:-, SPUR H~ACI(; Ttlr'KE S;lo26'50"h' f..LO:..(. A CURvf 18 iHE Rrc.HT HAVING A RADIUS OF l.jBS.t, fEET., ARC OF 1092.97 F[[T (HaRD OF ~72.3l.j FEET ALONG A Ll~~r R.e'l) f[fT rl\~1 (1"- THE CEtnE~LII~E OF THE AFORE- SAID R..\lLo.:(,AtJ SI'U..' TR/.[.. ~O T"! t.:;;;;:TH RIG~n-OF-WAY OF THE S.C.L. RA.ILROA:; T~! r,(.[ :~72!)5~' 15" w 34A.24 FEET ALONG THE NORTHERLY RI(,HT- or -.. to. y C f ';'!'1 E ;. F O~ L SA 1 D 5. C . L. R A I L po A:J TOT HE E A S T RIG H ;- 0 F - hAY OF HrRC~LES hVENUE; THENC[ ~~Ool~'44"E 20t.04'fEEi ALO!~(' THE [AST RIc.Hl-OF-WAY OF H!:RCULES AVEr~u[ TO Hif POINT OF of GINNING. ;- ,~Uk:~'\::<~~';" ,~~,;' ._~ '~ , , , - I CONTRACT FOR SALE AND PURCHASE PA~~~,~S:, ...,.".~AMP.BELLPAV1NQ CQMfANY_IUW", "..t ' of ,~.'" ~1~a5'Hercules,Avenuet Cl a~S1~~r.t FT. 1'151'1 PT'(OPC~EARWATER, FLORl,1<<\ of P.O. Bnx 4748. C.1~S1rwSl",pr, FT. 11'i1R (Phon. I, her.by .vre. thet the Seller sh.1l ..1I.nd 8uyer .h.1I bUy the followlnll property upon the following term. .nd condition. WHICH INCLUDE the S,.nd.rd, For "eel "'~.t. r,.n"cll':'!,' on the'~\I!'f" h.r.of or IIP'!i!,.~.,..,tp" .,.rlllneftl!r r'!r~rr'" '0 .. "Stend.,dl,I" .", J. ~iiSC:;RI"TION: (.I'L.~..ld..scrlptio~ ,of r....l..stat. ("p,op..rty"IIOC..t.d in, I , " I a. "Sell.'''" IPhone l. .n~ .,.. . ~ ~~ '~,uy.r". County, Florid.: ~ftel:' l;i~rv~y.. SE~ EXflIlHT A ATTACHED. The City of Cl~arwater at its. own furnish amo~e a~e~uate legal ~e~cription for the property 1705 Hercules Avenue. 11. PURCHASE PRICE:. . .. . ... " . . .. ., ., PAV....ENT: IIICep9'ltl-.) ~o PlI!he'O In e",ow bV , . .$ 940tOOO.OQ in the .mount of , . . . .S o "1rj (bl Subject to ANO...umptlon of l\IIortll'Ult In f.vo,of '1.4 (~I belHinll interen .n ~ pe' ennum end P'Yeble.. to prim;ip,l end interen $ p.r month, h.vlng .n ,epproIClmete preMnt p,lnc;ip.1 blll.nc. of. . . . . $ Purch... mon.v mortgellli' e~<;Illot. b..'inglnt'.....' ~~ I ~ on t.rm. ,.t fortl1 h'!re,in b.low; in thll p,lncip.' .mount of . . " .... ,', . . . . . . , . . , . . . . , . . . . . . . . , . . . . . , . . . ',' lei) Olher ~ee addenduII\ IJIII B"'\l"~,,.to t;loM.}I!.~:t;e.h.c'l,:I"led or c"hlfllr'~ check I .ublllCl to pdJ!Jlt"1.nt, .n~ pror.tlon. ' TOTAL .$ $ .$ .$ n40.QOO 00 1nOtOOO.QQ 940,000.00 , . Ill. FINANCING: If th.. pu,t;hase price 0' any part the,eof is to be flnanclld bV a thl,d p..rtv lo..n. this Contract for Sale ..nd Purchase, I"Contr..ct"). i. con- qitil'l!,~ Upollth. Buye, ubt!!ininlla fi,m cqmmitmanl for said luan within (II I A, , Ilays frQm date haraof. ataninte'''n'''t. not to ~IC~elld , 'F t",m Ilf ...,-- y....; ..nd In the P,lnClP'" ..mount of $ I , t'uy.r allrl!eatQ m"k. appllc.tlon fa" .nd to u.. ,~..qr"tll" d,!.!I- ",",CII ~O"bt.in ...Id lo,n. Shoulll 8uVer f.1l to obtein .ame or '0 w!liv. 8uv.". rillht. h.reunder within ..id tim., .ithar part.., m.y c.nc.1 Contrect. ,,' - . .. , " IV. T'TLE EVIDENCE: Within 20 day. f,om date of Contract, Sell.r .hall. at his e"pens., d.liver to Buyer Q' hi. attor....y, Inaccord,ance witl1 StanOlll,d A., elth'r' (CHECK) 0 (11 or ~ 121: III ebst,act. or (2)1Itle inlu,anee commitment with tee own""~. title policy premium to be paid j)y Sell.r at cloling. V. 'TI""~ FOR ACCE,PT ANCE. ANP EFfE.CTIVE PATE: If thl. 9U.,'i' nl't ",.cut,ollv bqth of tha Pllni,.. hllreto on 0' b.fo,. '" . Ql't. 1 'i. 19 S4 " iiI., afolelaiod.poaitC~1 shall b'l', at the ,optio... of BUY,!I, ,elurrled to t:'iro and thi..~ff,., .hi'I' th~~""ftll(b".;ulland yoid. Th..dat'l'91 C!;Intr"q ("EffllCtlv.. o..te"1 ahall 1;IIUhe <\ate whlln thl! iast on" Qf ttll' S:*/lll' ..no Buye, hat sill'l.q ,this llffllf. ' - , . " V" CLOSING PATE: This tran..ctlon Ih.1I be clo.ed .nd the deed .nd othe, eloling P'P,,, dellI/ere<! on th" d.y.of Nov. 15.' 19 84 19 " . unl.~, ,ICt.ndllO bV o't)er provi,lon. of Contr,ct. VII, RESTRICTIONS. EASEtYll;:l\ITS, LIMITATIONS: Thll Buyer .h..'1I take title .ubiectto: Zoning. restriction.. prohibition. .nd other requiremeriu Imposecl by governmant.1 .uthority; Re.trl~tion': ..nd mltu.r...ppe.rinll ~n lhe plllt.or ptll,rwi,e common to th~ lubdi\li.ion; PutJliCl,lli!ltv,e.sem.nu qfro<:of~,{prQvld.d~lI!itl ....m.nu ... loc.ted contlguou. throughout ,thll! prop.nv linea .no... not,,-.o,l' th." 10 f..,' in wid'll It. IQ t/J''''er Q('f,ont Ji".. .nQ, 1~f."t I,n .wldtlJ ..~ ~"" .ld.Unea, un"", othe,wl.. specifi.d h.,.ln}; lu..: for v..'o,.cl".lng."d :lUb.eque"t yeers, ......m.1I I/lO,CUltg.1 .nd pl,lrc;h..... mq~lt ItIprtQllg.., If .n.v; ottoer: p,'ol/idad, howeller, th.tnon. of the for8ll0ing.,.hall prev.nt u... of thlt prop"ity. 'f~~: th. purpose "f VIII. OCCUPANCY: S.II.r r.pr......'1tS tl1at there a,a no p..,tias In occupancy other than Sallllr. uut if Prope,ty Is'lnt.nded to be ,ented 0' occuplad b..yond clo.lng, Ill" f~' and term~ the'lIOf .h..1I bll stilllld lI.rein. and tha tanant($) .ha'I b. dlscloSlld pur.uant 10 Standard G. Slllla' ag'..... 10 deliv..r occupancy of Prop.rtv at lim.of clo.iOg un',,, otha'wl.. SPIII'ifilld b...ow. If occupancy is '0 q!' d..livll,ad prio' to clo.illg. Buy,!' ,alSurn..~ ..II risk of 10" ,to ProR.rty fro.!,' <lete of oce...' pancy. shllll blll..po....lbl. II!no Iiabl. fo, m..lnten.."cll th..rltOf from said date, .nd lIIll!ll be dll'fT\ll<:t to ha~eltcCltPlltd tll" P,o..-rtv.r'lIll1n<lp..,.onlt'.in in 1I11J'llllll conditiQn .. of tirnll of lak Ing occupancy un.".. t)thltrwlJe notlld In writing, IX, ASSIGNA81L1TY: (CHECK ONE) 8uy.r Om.~ ...illn amav not ...illn, Contr.ct. K. TYPElI\IR'TTi:N, OR HANDIIVRITTEN PROV ISIONS: Tvp.wriUlln or h.ndwritt.n provi.ion. Insert.d h.rein or .tt.chad h",etoe.Addllnd.sh.1I control ell p'i!)t"" ~,ovlsion. ir ~onflicqh.r,wilh.' '. . X I. INSU LA TION RI DE A: If Contr..ct Is u..d for the Sltl. of a n.w ..sld.nc., the In.ulation Aidar shall be anached horato and made. pan h..reof. XII. SPEC!~L CI.r~YSES: SEE, ADDENDUM THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD, SeEK THE ADVICE OF AN ATTORNEYPRIOA TO SIGNING. . . THIS FORM HAS liEN APPROVED BY THE FLORIDA ASSOCIATION OF REALTORS AND THE FLORIDA BAR Copy,l""t 1981 by Thll Florid.. Bit' and the F'o,loa Association of REAL. TOAS E".cuted by "uv.r on ......_. l"""" ~:,., ~.... ~,-- ~ ~ ....., - ~.~- YlITNESSI:S: (TWQ '~~omm.ndetf b,ut NOT r~ulredl ~~f~' tar Clty at Clea:rwattlf"v,,~lorida (for additional si~natures see addendum) . ISEALI (SEALI r:...cuteq by S'I!" on' Oct. ~~u"i~84 .1\: ~.J'~'f ~~~, .~ for Campbel Paving 'Ilpeny. Inc~ (SEALI Ollpo,i~('rund~~ II (," 'lICefll.d; If chllCk. .ubj.ct to. cl..r.nc.. ~v; (Elcrow AlMIOtl 8f\OKER,AGE FEE; S..II"r agree. to pay the r811IS1ared real ..stllte Broker named b..low, at, time o'closlng. from ~he di.buneme"uofth.. proceed.ofsalll,com- p,m..tlon If' thll alllount o,f 'Jl. of II''?'' purchllSlt p,lte or $ , " ',fo,' hl$ s"r,vlc..s In "Hllcting....e ...1" hV finding a Buyer. r8lldy, :wllling and IIbl.to purchlll. pu"...ant to thll fl)fftllOing COflUllct. In Ill' ev.nt 8uy., fall. to p.,form al1d t:lIlPp.lt(.J is (..t..inlld. 50'll. th.r.~t, but not e"cellding the 8rokll'~' fll. above computed, .hall be p.ld to the Broker, as .full con.k:leretion for Brok.... ..vic.. incllJdinll coat, e"pend.d by 8rf)kuf, and thep,,!..nc,! .n~!I~. paid to Sell.r.lf the trenaactlon shall not b. do.ed bllcauMof Illfu..' or f.llure of S.lier ,to ,pllrfo,m. the S.II.r ,ahilll ~IIV ...1<1 f.DI" full '0 fl'o~'r liI'lIl~"llfl. 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''':OJ .1) WJU l:>Il.,. ,.,X8 pUB .lqB.noaJ B Aq ,u.JJn:> .qlInOJq .10 peJad.JU al~" 10'P.J,., ;, ',;V lIJ :3'J.1J. :10 3:JN301^3 ..., a,B",!ue 11..1 B41 01 ,.nbe ,uno'we '.i 1l4' '0 IB pel"ldwo" AllelluBuqnl ,"' Pl8d.q 01..... (.'BO ."I'''BII 3 '0 .~ ,.1HJI~:>VSNY~! :UYJ.S3 lY3~ ~O:f SOtlVON..,U ,/.; L ~ ....... I CONTRACT FOR SALE & PURCHASE -3- 1984. At~. _ ~. . "" -I .<. _ .. ;" " --:-'., , . ~J ~-~, -.;-l.. ...~._ . '~',.-_Ci ty Clefcl("':' ','" . ~ -, ,/ - . COl:1nte,r.si~"1qd: ':' "c:~ -/' '/ ";' '/7' r/ - ~/ r---.2:;"'., ~_: ..:: ,,/ yY ~ '-_,,',' _ ~, o:"'~,_", ......., / ~~/ .~ /7~'/ '//' .'" ' ? / ',:; ",~" '~'&:-?1--1' .- ,r ' l, ' ,Y --7" ~?l-YQ~,-7Co~"1i ~ ioner .;/ If" I correctness: /1 (' 1 I . October ~, 1984 " I .. I ADDENDUM TO REAL ESTATE CONTRACT BETWEEN CAMPBELL PAVING OOMPANY. INC.. SELLER, AND CITY OF CLEARWATER, FLORIDA, BUYER 1. Promissory Notes. $640,000.00 of the purchase price shall be secured by promissory not es from the Ci ty of Clearwater. Said not es shall bear Interes t at 9.5% and shall be denominated in the amount of $5000 each with each note having l/IOth of the principal due annually, beginning one year after closing and with interest being paid quarterly on the unpaid balance. 2. Acceptance and Closing Dates. Closing shall take place no later than 30 days after approval of ,the contract by the Clearwater City Commission, and shall take place at the office of the City Attorney, Clearwater City Hall, 112 Osceola Avenue, Clearwater. Florida. Acceptance by both parties shall be by October 15, 1984. 3. Vacation of Property by Seller. The buyer agrees to provide seller a two-year period from closing to completely vacate the property. During this period the seller will be scaling down operations on the property and the buyer will be given use of all vacated land and buildings. The buyerwlll be per- mi tted to bring architects and planning personnel on the property for the pur- pose of planning construction, and construction may be started on the land vacated by the seller. 4. Standards for Real Estate Transactions. The standards printed on the reverse side of the Florida Bar and Florida Association of Realtors form shall apply to this transaction, except that it is agreed that the buyer shall pay for the title insurance on the property, with Attorneys' Title Insurance Fund being used to furnish same at a competitive cost to the buyer. 5. Mutual Warranty as to Broker. Both buyer and seller represent and warrant to each other that they have not dealt with any brokers on this transac- tion, nor do they have any agreements with any broker in connection with the transaction. Both the buyer and seller agree to hold the other party harmless in the event that there have been any dealings or agreements by either party with any broker whatsoever in the event that dealings or agreements by either party cause the other party to become liable for any brokerage commission. Signed, sealed and delivered ~~ Seller: CAMPBELL PAVING COMPANY, INC. ny-2;"'~/;J~&~~f< ' ' res ident A~ ~ ~ '4/l~~,1Z )6. ~,'- ~, Secre ary , (Corporate Seal) orrectness: '. - -... ATTES~,4_'" ..,.J.t',',:,-,,',",~.;\ -:'" .. " ~ - '--~:-.~.' . t\'A_. _.... , - . ~- ......... Cl.ty ClErk:'" - ,:.,:::::-:- " I 1, I . ,~" ,.... RE CONTRACT BETWEEN CAMPBELL AND CITY OF CLEARWATER EXHIBIT A - LEGAL DESCRIPTION COmaence at the Southwest corner of the Soutbeast 1/4 of Section 1. TOWDship 29 South. R.anae 15 East. P1nellas County, Florida, and run East 50.0 ff!et for the point of be&lnn1na. tbence run North 495.0 feet, tbence East 315.0 feet; thence South 460.0 feet. tbence East 390.0 feet. tbence Southwesterly 35.0 feet; thence Weat 700.0 feet to tbe point of be&innin&. and less that part within railroad spur riaht-of-way and tbe Nortb 100 feet of tbe Vest 225 f.et. AHD: The South 195.0 feet of tbe Southwest 1/4 of the Soutbeast 1/4 of Section I, TOWllship 29 South. bnae 15 !ast, P1nellas County, norida; lyl1l& East of railroad spur. JaHD : Commence at the Northwest corner of the Northwest 1/4 of the Northeast 1/4 of'Section 12, Township 29 South. kanae 1.5 East, Pinellas County, F1odda; and run East .50.0 feet for the point of beginniD&; thence run East to a point 1yina 8.0, feet East of the East ri&ht-of-way line of railroad spur; thence run Southwesterly 8.0 feet East of and parallel to said East right-at-way line of railroad spur to the North ri&ht-of-way line of Seaboard System Railroad; theneerun Northwesterly along said Horth rl&ht-of-way line of Seaboard Systea Railroad to the East right-of-way line of Hercules Avenue; thence run Hortb alona said East ri&ht-of-way of Hercules Avenue to the point of be&ionikj. Subject to a lease with the Seaboard Coast Line Railroad Company dated June II, 1973, copy of which is being furnished. As to the property in Sec. 1 being the south 30 feet of the north 195 feet of the SW of the SE, the same is subject to a lease dated Jan. 27. 1984. with Robert R. D'Andrea which at Paragraphs' 37 and 38 provides for a joint use. and also is subject to aright to use a strip 30 feet wide lying south of the said 195 feet for road purposes, with a copy of said lease being furnished. Said property is the same property appraised by the City and does not include a portion of the property on Hercules Avenue which is 100 ft. X 225 ft. nor the property to the rear leased to Robert R. D-Andrea. The property being purchased contains 9.4 acres. more or less. I I .. I ADDENDUM TO REAL ESTATE CONTRACT BETWEEN CAMPBELL PAVING OOMPANY, INC., SELLER, AND CITY OF CLEARWATER, FLORIDA. BUYER 1. Bonds. $640,000.00 of the purchase price shall be secured by bonds from the City of Clearwater. Said bonds shall bear interest at 9.5% and shall be denominated in the amount of $5.000 each, with each note having 1/10 of the principal due annually, beginning one year after closing and with interest beiqg , paid quarterly on the lUlpaid balance. The bonds shall be issued to stockholders of the seller pursuant to a corporate plan of liquidation and shall be non- negotiable except that the personal representatives or executors of the payee may assign same to the payee's heirs. 2. Acceptance and Closing Dates. Closing shall take place no later than 30 days after approval of the contract by the Clearwater City Commission, and shall take place at the office of the City Attorney, Clearwater City Hall, 112 Osceola Avenue, Clearwater, Florida. Acceptance by both parties shall be by October IS, 1984. 3. Vacation of Property by Seller. The buyer agrees to provide seller a twq-year period from closing to completely vacate the property. During this period the seller will be scaling down operations on the property and the buyer will be given use of all vacated land and buildings. The buyer will be per- mitted to bring architects and planning personnel on the property for the pur- pose of planning construction. and construction may be started on the land vacated by the seller. 4. Standards for Real Estate Transactions. The standards printed on the reverse side of the Florida Bar and Florida Association of Realtors form shall apply to this transaction, except that it is agreed that the buyer shall pay for the title insurance on the property, with Attorneys' Title Insurance Fund being used to furnish same at a competitive cost to the buyer. 5. Mutual Warranty as to Broker. Both buyer and seller represent a~l warrant to each other that they have not dealt with any brokers on this transac- tion, nor do they have any agreements with any broker in connection uith the transaction. Both the buyer and seller agree to hold the other party harmless in the event that there have been any dealingG or agreements by either party with any broker whatsoever in the event that dealings or agreements by either party cause the other party to become liable for any brokeralle commission. Signed, sealed and delivered in the presence of: Seller: )rO ~.~~ )/~~~ CAMPBELL PAVING OOMPANY, INC. By-zJ. '>>? r&/4~~ resident ATTEST: ~~ ,f #). Secretary ... --- (Corporate Seal) Buyer: Approved as to form and correctneos: :'I~ a~~ATER. ~~ $. - }, t. '. ",. '""...~,~ ~-:-~ .. ~ s c '", ATTEST: n- ' - ,// -' ki'" ,',- .,.... \, --- ,- , ~ - -... - ~ - -'- . V\u ~:_~.~_ ~ Cit?'-=Cl.=!rk-'- ,. -:'~------,-- ....,)" -.. ~~ "f , . ~ '" '--;) 'w , / ~ /;" ~~,-,--- - ~- --- ---------..- ... I , EXHIBIT B NEGOTIATED SALE DISCLOSURE STATEMENT -------.----------------------------.- - '---_.,--~---~--"--- J. Fred Campbell, Jr., F. B. Crews, and W, M, Campbell, (the "Purchasers"), the purchasers of $640,000 Capital Improv,?ment Reve:1ue Bonds, Series 1984, (the "Bonds") of the City of Clearv;cc,ter, Florida (the "Issuer") pursuant to Section 218.385, Fl<)ri(~a Statutes, h;"reby StCites as follows: 1. The esti~~~,?d 2Xp~~~-~s by the Purchasers in c~n~ection with follows: i1:Jd the -t.:h~ .~~T;-!121j:"lt s thereof to be the Bones are i ~ll=U r c(~d . ~ pu c ':::- ~;~'1 S~? '='-'1 as l\a1::;-'J~~e_ _o_f~F~y:.p~?__~se Purc~~s~r's c~L~sel fee ?--:::"'J'.J~t $3,000.00 2. To the kDow1edge of the i_:"lto ~~ urlljecst~!Jdi_ng with either the for a~y paid or promised conp2r~s~~ion or j',,;5r,?ctly, 'cxp,cess ori;-,<~J_',?d, to Purct~s2rs, ~o p~rson h2S eD~ered Issuer or the Purchasers, or both, or val,,]::-},? .::onsid,=-r2t ion, cirectly act solely as an inter~ediary between ~}le I?~~~er a~1d th~ PlJ,~c}1250r <Jr ~c G:~erc:ise or attempt to exercise any in- flue~-),:e ~o effect ~~y tr6~='0c~jo~ i~ the purc~2se of the Bo~ds. c:hcD:(j,?d, 3'. No ,,,,:''3':'':','Titi:-,g "',tJ.LCC"j or ,:,c; 'iC;cf0"':lt fee '.,-ill b,,,, realiz",j or 4. No [,.e;e, bonus or (x'::]-;er co::,~~e~"'2t,icn '",ill b.? F2id by the ?urc]-;aSi?rS in ,::e':'Cjectio:l with tJ-Je J:.c':Jd i5SU,,, to Cony ;::~:,son :-,ot l:'e'.,:>Jlarly employed or IGtained by t]-;e Purc]-;asers, excGpt as :isted in Far2g~3ph 1 above, IN h'I'INSSS h'HEREGF, the Purchas'3rs have ex,?cuted this stateme:1t a,s of the 15th day of NoveJ11.D.?r, 1984, cl~__ F. B, Crews ~ ~) cm',~~~__ 1'.', M, Ca::,p'SelY---- ..-1" ,..-\ ~ '. L, , .J t",c,:.., ...-::;{. :(,,'~ , c..-:':' .' ;"'~V~ /'c- ,; c') J., " ;/