SQUARE D COMPANY (3)
D
~PiA~~:rY Oe:E~
_.' _ ("ROM CORPORATION)
)
I
This Warranty Deed Made and executed the
CITY OF CLEARWATER, FLORIDA
5thday of SeptembeJA.D, 1986 by
municipal
a/corporation
existing under the laws of Florida , and having its principal place of business at
Clearwater, Florida
hereinafte~ called the grantor, to SQUARE D COMPANY, a Michigan corporation
authorlzed to transact business in Florida,
whose postoffice address is
Executive Plaza, Palatine, IL 60067
hereinafter called the grantee:
(Wb.r.v.r. uS.d b.reln tb. t.rms "grantor" Ind ..grant.... Includ. III the partl.s to tbls 'nstrum.nt Ind
the b.lrs, legal rellreHntatlves Ind Isslgns of IndividualS, and the successors and aSsigns of cOl'l3oratlons)
Witnesseth:That the grantor, for and in consideration of the sum of $ 1.00 and other
valuable considerations, receipt whereof is hereby acknowledged, by these presents does grant, bargain,
sell, alien, remise, release, convey and confirm unto the grantee, all that certain land situate in
Pinellas County, Florida, viz:
See Exhibit A attached hereto and made a part hereof.
Together with all the tenements, hereditaments and appurtenances thereto belonging orin anywise
appertaining.
To Have and to Hold, the same in fee simple forever,
And the grantor hereby convenants 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 whom-
soever; and that said land is free of all encumbrances
(CORPORATE SEAL}
In Witness Whereof the grantor has caused these presents to be executed
in its name, and its corporate seal to be hereunto affixed, by its proper officers
thereunto duly authorized, the day and year first above written,
CITY OF CLEARWATER, FLORIDA
Countersigned:
By:
/ s/ hn tnonv L. S~10ep:laJ~er
City Manager
. /s/'Kathleen F. Kelly
Ma yor-Commissioner
/s/
Attest:
Cyn~hia E. Goudeau
City Clerk
Approved as to form
~
STATE OF FLORIDA
COUNTY OF PINELLAS
I HEREBY CERTIFY, that on this 5th day' of SeptcF1ber A. D, 19 ~R before me
personallY:lj)peared Anth~nv L. Shoemaker, M. A. Galbral th, Jr., Cyn la' E.
Goudeau and Katnleen F. Kelly respectively City Manager, City Attorney,
City Clerk and Mayor-Commissioner of the City of Clearwater, a municipal corporation existing under the laws
of the State ,of Florida, to me known to be the individuals and officers described in and who executed the fore-
going conveyance, and severally acknowledged the execution thereof to be their free act and deed as such
officers thereunto duly authorized; and that the official seal of said municipal corporation is duly affi.xed
thereto, and the said conveyance is the act and deed of said corporation.
WITNESS my signature and official seal at Clearwater in the County of Pinellas and State of Florida. the
day and year last above written.
er:
(-/)1 . '
5)/) it )
( ..' //"d'/
~'C,.{(t,if. t;, :......
/s/ Betty ~\. Russell
Notary Public State of Florida at Large
My Commission Expires:
August 1, 1990
1~~l)o>-03 (4)
~
<('. -:
1
I
- -"" ,-
EXHIBIT A
A parcel of land lying in the East 522,33 feet of the North 30.00 feet of the
South 195.00 feet of the SW~ of the SE~ of Section I, Township 29 South, Range
15 East, Pinel1as County, Florida, LESS and EXCEPT that portion lying Hesterly of
aline 8.00 feet Easterly of and parallel to the Centerline of the existing Rail-
road Spur Track, being further described as follows: Commence at the SE corner
of the SH~ of the SE~ of Section 1, Township 29 South, Range 15 East; thence
traverse N890)2'18" U, 33.00 feet along South boundary of said Section 1 to the
\~esterly right-of-way line of Sunshine Drive; thence NOOol1'40" W, 165.00 feet
along said right-of-way line for a point of beginning; thence N89032 '18" \~,
522.33 feet; to a point 8.00 feet East of the centerline of the Railroad Spur
Track and 165,00 feet North of and parallel to the South line of said Section 1,
thence 30.00 feet along an arc of a curve to the left, said curve having a radius
of 528.00 feet and a chord length of 30.00 feet, which bears NOloI9'20" E; thence
S89032'18" E, 521.54 feet ~o a point on the Westerly right-of-way line of Sun-
shine Drive; thence SQOo11'40" E, along said right-of-way line 30.00 feet to the
Point of Beginning.
Containing 0.36 Acres more or less.
~, .'
American Land Title Association Commitment - 1.966
COMMITMENT FOR TITLE INSURANCE
ISSUED BY
86070088
STEWART TITLE
GUARANTY COMPANY
STEWART TITLE GUARANTY COMpANY, A Texas Corporation, herein called the Company,
for a valuable consideration, hereby commits to issue its policy or policies of title insurance, as
identified in Schedule A, in favor of the proposed I nsured named in Schedule A, as owner or mortgagee
of the estate or interest covered hereby in the land described or referred to in Schedule A, upon pay-
ment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to
the Conditions and Stipulations hereof,
This Commitment shall be effective only when the identity of the proposed Insured and the
amount of the policy or policies committed for have been inserted in Schedule A hereof by the
Company, either at the time of the issuance of this Commitment or by subsequent endorsement,
This Commitment is preliminary to theis,suance of such policy or policies of title insurance and all
liability and obligations hereunder shall cease and terminate six months after the effective date hereof
or when the poliqyor policies committed for shall issue, whichever first occurs, provided that the
failure to issue such policy or policiesis notthe fault of the COmpany.
Signed under seal for the Company, ,but this Commitmenf~hall not be valid or binding until it
bears an authorized Countersignature,
IN WITNESS WHEREOF, Stewart Title Guaranty Company has caused its corporate name and
seal to be hereunto affixed by its duly authorized officers onthedate shown in Schedule A.
.~~~~
Chairmahof the Board
STEWART TIT L E
GUARANTY. COMPANY
e!Aadl#'~
President
Countersigned: .
'~
By ~i:;L~
Serial No, C. 9 912. 2 3 2 9 2 7
~----,-~_..,-- ..-_.. --....--.--..--. ..
.-.-...--.---------...-.....-..-.---
005N Rev, 3/78
25M ',86
.,' g
few
SCHEDULE A
Commitment No.
C-9912-232927
Effective Date of Commitment:
August 8, 1986
Your No,:
86070088
Prepared For:
Inquiries Should be Directed to:
Ronald E. Somers
(or Cathy Winter)
1, Policy or Policies to be issued:
Amount
(a) [XJ AL TA Owners Policy - Form
B
- 1970
$
40,000.00
Proposed Insured: CITY OF CLEARWATER
(bl D AL TA Loan Policy 1970 $
Proposed Insured:
2, The estate or interest in the land described or referred to in this Commitment and covered herein is a Fee Simple,
3, Title to said estate or interest in said land is at the effective date hereof vested in:
SQUARE D COMPANY
4 The larid referred to in this Commitment is located in the County of Pinellas
State of Florida and described as follows:
A PARCEL OF LAND LYING IN SECl'ION I, 'IDWNSHIP 29 SOUTH, RANGE IS
EAST, PINELLAS COUNTY, FLORIDA AND BEING Explicitly described on
Attached Exhibit "AI, made a part hereof
". '<01\,"
Page 2
S'l' E '\"r i\..l-l T '1' I '1' L E
2552
(50M 4-86)
GUARANTY COMPANY
"
,
I
EXHIBIT "A"
A parcel of land lying in the West 411.05 feet of the East 974.00 feet
of the North 60.00 feet of the South lOO. 00 feet of the SW 1/4 of the
SE 1/4 of Section I, Township 29 South, Range 15 East, Pinellas County,
Florida, LESS AND EXCEPI' that portion lying Easterly of a line 8.00 feet
Easterly of and parallel to the centerline of the existing Railroad Spur
Track being further described as follows: Beginning at the SE comer of
the SW 1/4 of the SE 1/4 of Sction 1, Township 29 South, Range 15 East;
thence traverse N 89 deg. 32' 18" West, 33.00 feet along South boundary
of said Section I to the Westerly right-of-way of Sunshine Drive; thence
N 00 deg.II'40" West, 195.00 feet continuing along said right-of-way line;
thence N 89 deg. 32 '18" West, 521. 54 feet to a point 8.00 feet East of
the centerline of the Railroad Spur Track and 195.00 feet North of and
parallel to the South line of said Section I; thence 95.39 feet along
an arc of a curve to the right, said curve having a radius of 528.00 feet
and a chord length of 95.27 feet which bears S 04 deg. 52' 10" West for
a Point of Beginning; thence 61.60 feet along an arc of a curve to the
right, said curve having a radius of 528.00 feet and a chord length of
61. 56 feet which bears S 13 deg. 23 '19" West; thence N 89 deg. 32 '18"
West, 396.59 feet; thence N 00 deg. 11'40" West, 60.00 feet; thence
S 89 deg. 32' 18" East, 411.05 feet to the Point of Beginning.
a77~~ -?'~
Authorized Sigrnfture
File No. 86070088
"
J
SCHEDULE B
I
Commitment Number: C-9912-232927
I. The following are the requirements to be complied with:
" Instruments necessary to create the estate or interest to be insured must be properly executed, delivered and duly filed for
record,
a. Properly executed Warranty Deed from Square D. Company to The City of Clearwater
conveying captioned property.
b. Corporate Rep::>rt from the Secretary of the State of Florida showing said company
current and in good standing.
c. Corporate Resolution Authorizi"!"'.g sale, from Square D Company.
d. Corporate Resolution Authorizing purchase of property from The City of Clearwater.
e. (Certificate from the State of Michigan showing said company current and in good
standing - in file)
II. Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed
of to the satisfaction of the Company:
,. Defects, liens, encumbrances. adverse claim; or other matters, if any, created, first appearing in the public records or
attaching subsequent to the effective date hereof but prior to the date the proposed Insured acquires for value of record the
estate or interest or mortgage thereon CO" ,~red by this Commitment.
2. Standard Exceptions:
(a) Rights or claims of parties in possession not shown by the public records,
(b) Easements, or claims of easements, not shown by the public records,
(c) Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate surveyor
inspection of the premises.
(d) Any I ien. or right to a lien, for services, labor, or material hereto or hereafter furnished, imposed by law and not shown by
the public records.
(e) Rights of dower, homestead or other marital rights of the spouse. if any, of any individual insured,
(f) Any titles or rights asserted by anyone including but not limited to persons, corporations, governments or other entities,
to tide lands, or lands comprising the shores or bottoms of navigable rivers, lakes, bays, ocean or gulf, or lands beyond
the line of the harbor or bulkhead lines as established or changed by the United States Government orwater rights, if any,
3, Special Exceptions:
(a) Taxes, Subject to Taxes for the year 1986 and subsequent years, which are not yet
due and payable. Parcel No. 01/29/15/00000/430/0200 Gross Tax $32,131.22.
4. Subject to zoning and/or other governmental prohibition or regulations affecting
the use of the property.
5. Subject to any lien for municipal improvements or services to captioned land which
has not been filed for record in the Office of the Clerk of the Circuit court of
Pinellas County, Florida, and any and all outstanding assessme~ts projected or to
be projected, if any.
2153 (Rev, 3/80)
(20M 2,861
Page 3
STEWART TITLE
GUARANTY COMPANY
J
I
CONDITIONS AND STIPULATIONS
~, The term mortgage, when used herein, shall include deed of trust, trust deed, or
other security instrument,
2, If the proposed Insured has or acquires actual knowledge of any defect, lien,
encumbrance, adverse claim or other matter affecting the estate or interest or
mortgage thereon covered by this Commitment other than those shown in
Schedule B hereof, and shall fail to disclose such knowledge to the Company in
writing, the Company shall be relieved from liability for any loss or damage
resulting from any act of reliance hereon to the extent the Company is prejudiced
by failure to so disclose such knowledge. If the proposed I nsured shall disclose such
knowledge to the Company, or if the Company otherwise acquires actual
knowledge of any such defect, lien, encumbrance, adverse claim or other matteq
the Company at its option may amend Schedule B of this Commitment
accordingly, but such amendment shall not relieve the Company from liability
previously incurred pursuant to paragraph 3 of these Conditions and Stipulations,
3, Liability of the Company under this Commitment shall be only to the named
proposed Insured and such parties included under the definition of Insuredin the
form of policy or policies committed for and only for actual loss incurred in
reliance hereon in undertaking in good faith (a) to comply with the requirements
hereof, or (b) to eliminate exceptions shown in Schedule B, or (c) to acquire or
create the estate or interest or mortgage thereon covered by this Commitment. In
no event shall such liability exceed the amount stated in Schedule A for the policy
or policies committed for and such liability is subject to the insuring provisions and
the Conditions and Stipulations and the exclusions from coverage of the form of
policy or policies committed for in favor of the proposed Insured which are hereby
incorporated by reference and are made a part of this Commitment except as
expressly modified herein,
4, Any action or actions or rights of action that the proposed I nsured may have or
may bring against the Company arising out of the status of the title to the estate or
interest or the status of the mortgage thereon covered by this Commitment must
be based on and are subject to the provisions of this Commitment.
STE"W'ART TITLE
au ARANTY COMPANY
_..........._...._.....~'-,~.
"
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. I PAGE 2 OF
Form Approved OMB No, 63-R1501
. - PAID FROM PAID FROM
L SETTLEMENT CHARGES BORROWER'S SELLER'S
FUNDS FUNDS
700, TOTAL SALES/BROKER'S COMMISSION B~s8d on price I @ %- AT SETTLEMENT AT SETTLEMENT
Division of commission (/ine 700) as folll.'ws:
701.$ to
-
702, S to
.
703, Commission paid al settlement
704,
8OO,lTEMS PAYABLE IN CONNECTION WITH LOAN.
.J01. Loan Origination fee %
802, Loan Discount %
803, Appraisal Fee to
804, Credit Report to
-
805, Lender's inspection 'ee
R06. Mortgage Insurance application fee to
,.
307, Assumption Fee
808, Commitment Fee
, . 809, FNMA Processing Fee
810, Pictures
811,
9OO,ITEMS REQUIRED BY LENDER TO BE PAlO IN ADVANCE.
901, Interest from to @S /day
,.,
902, Mortgage Insurance premium for mo, to
903, Hazard insurance premium for yrs, to
904, Flood Insurance yrs, 10
905,
1000, RESERVES DEPOSITED WITH LENnER
!001, Hazard insurance mo,@$ per mo. ......"i
.. ......':
!OO2, Mortgage insurance mo,@S per mo,
1003, City property taxes mo,@S per mo, .... ,.....,.,.. ....
I. ,1004, County property taxes mO,@$ per mo, < ~",.~
1005, Annual assessments (Main!.) mo.@$ per mo, .. .. ,....,.... ...........,...
1006, School Property Taxes mo,@$ per mo, .:".. ... .
- .. ."C...., .. ,'.....
1007, Water Disl. Prop, Tax mo,@$ per mo,
1008, Flood Insurance mo,@$ per mo, .... ..., .......
,...'u.
~ 1100, TITLE CHARGES:
1101, Settlement or clostrtg fee to
~ 1102, Abstract or title search to
1103, Title examination to
1104, Title insurance binder to
1105, Document preparation. to
-
1106, Notary fees to
.
1107, Attorney's fees to to ~.........
(inc/udes above items No,: . .....:;,....1 ...:;..>..:. .":. ,
1108. Title insurance to Stewart Title Co. ?()() ()()
(inc/udes above items No,: ::7."<. - .. ...,. T '..... ..
1109. Lender's coverage $ '".'.'. <t. ';, ..... ..
1110, Owner's coverage $ 40,000.00 ...... .. ...... ..
..... .,....... ,.
t111,Escrow Fee
1112, Restrictions
1113. Messenger Service
-
1200,GOVERNMENT RECORDING AND TRANSFER CHARGES
1201, Recording fees: Deed $ 9.00 Mortgage $ Releases $ 9.00
1202, City/county tax/slamps: Deed $ Mortgage $
1203. State tax/stamps Deed $ 200.00 Mortgage $ ?()() ()()
1204, Tax Certificates
1205,
1300,ADDITIONAL SETTLEMENT CHARGES
,-
I 1301, Survey to
1302, Pest inspection to
1303,
1304,
1305,
i 1400, TOTAL SETTLEMENT CHARGES (entered on Itnes 103,Sectton J ana 502, Sectton K) -0- 409.00
SELLER'S AIDIOI PURCHASE"S STATEMElT
Seller's and Purchaser's signature hereon acknowledges his /their approval of tax prorations, and signifies their understanding that prorations were based on ligures for preceding year, or esti-
mates for current year, and In ev,"t of any change for current year, all necessary adjustments must be made between Seller and Purchaser direct; likewise any DEFICIT in delinquent taxes will be
reimbursed II.' Tille Company by lile Seller.
We approve the foregoing settlement statement, n Its entirety, authorize payments In accordance therewith and acknowledge receipt of a copy there
HUD-1 (Rev, !to78)
(15M !toM)
Signature
"/
/"
I
I
Form Approved
OMe No. 63-Rl501
A, U,S, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT B, TYPE OF LOAN:
1. o FHA 2, o FMHA 3, o CONV, UNINS,
4, OVA 5, o CONV. INS,
6, FILE NUMBER 17. LOAN NUMBER
86070087
8, MORTG. INS, CASE NO.
SETTLEMENT STATEMENT
I.'
I C. NOTE: This form is furnished to give you a statement of actual settlement costs, Amounts paid to and by the settlement agent are shown. Items marked
"(p o,c,)" were paid outside the closing: they are shown here for informational purposes and are not included in the totals,
D. NAME OF BORROWER E. NAME OF SELLER F, NAME OF LENDER
SQUARE D ca-1PANY CITY OF CLFARWATER
,
i r" PROPERTY LOCA flON I t H, SETTLEMENT AGENT I, SETTLEMENT DATE:
PARCEL OF' LAND lOCi\'I'ED IN STEWART TITLE CO. OF CLEARWATER, INC.
I SECTION 1-29-15, PINELLAS
COUNTY , IWRIDA PLACE OF SETTLEMENT SEPTEMBER 5, 1986
i
I 1290 COORT STREET, CLEARWATER, FLORIDA
f J. SUMMARY OF ~ORROWER'S TURSAenO. K. SUMMARY OF SELLER'S TRANSACTION
l '00. GROSS AMOUNT DUE FROM BORROWER: 400, GROSS AMOUNT DUE TO SELLER:
llD1. Contract sales price 40,000.00 401, Contract sales price 40.000.00
: 102 Personal property 402, Personal property
[ 103 Settlement charges to borrow (line 1400) 209.00 403,
104 404,
! 105, 405,
I
I Adjustments for items paid by selhlr in advance: Adjustments for items paid by seller in advance:
I
; 106, Cityllown taxes to 406, City /town taxes to
I 407. County taxes to
t' '07. County taxes ~o
..
108. Assessments t~ 408. Assessments to
109 to 409, to
110, 10 410. to
111. 10 411, to
112. to 412, to
"-
['20' GROSS AMOUNT DUE FROM BORROWER: 40,209.00 420. BROSS AMOUNT DUE TO SELLER: 40,000.00
- 200. AMOUNTS PAlO BY OR IN BEHALF OF BORROWER: 500, REDUCTIONS IN AMOUNT DUE TO SELLER:
201. Deposit or earnest money 501, Excess deposit (see Instrucllons)
202, Principal amount of new loan(s) 502, Settlement charges to seller (line 14(0) ')"" ""
-,
- 203. Existing 10an(s) taken subject to 503, Existing loan(s) taken subject to
204, 1031 Tax Deferred Exchanqe 40,000.00 504, Payoff of first mortgage loan
205. 505. Payoff of second mortgage loan
...
206. 506, 1031 Tax Deferred Exchanar 40.000.00
..
207. 507.
208. 508,
l09. 509,
.- Adjustments for items unpaid by seller: Adjustments for items unpaid bv seller:
210, City /town taxes 10 510, City /town taxes to
;~11, County taxes 10 Tax Exempt 511, County laxes to Tax ExP-TTTnt
212, Assessments to 512, Assessments to
213, '0 513, to
I 214, to 514, to
215, 10 515, to
216, to 516, to
217, to 517, to
218, to 518, to
-
219, to 519, to
I 220. TOTAL PAlO BY/FOR BORROWER: 40,000.00 520, TOTAL REDUCTION AMOUNT DUE SELLER: 40,200.00
1 300, CASH AT SETTlMENT FROMITO BORROWER: 600, CASH AT SETTlEMENT TO/FROM SELLER:
I :!Ol, Gross amount due from borrower (fine 120) 40,209.00 601, Gross amQunt due to seller (fine 420) 40,000.00
302, Less amounts paid by Ifor borrower (line 220) 40,000.00 602, Less total reductions in amount due seller (line 520) 40,200.00
.
L 303, CASH 1m! FROM) 10 TO) BORROWER: ** 209.00 603. CASH (0 TO). Iii FROM) SELLER: ** 200.00
** TO BE CASHIERS CHEx::I< PAYABLE ro STEWART TITLE CO.
HUD-l (Rev, 5-78
MIS
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3 I I PAGE 2 OF
Form Approved OMS No, fl3.Rl501
L. SEnLEMENT CHARGES PAID FROM PAID FROM
BORROWER'S SELLER'S
FUNDS FUNDS
700, TOTAL SALES/BROKER'S COMMISSION Bued IIll price I @ %= AT SETTLEMENT AT SETTLEMENT
Division of commis~ion (line TOO) as folk.""s:
.'
701.$ to
...
702,$ to
-
703, Commission paid at settlement
704,
",~
8OO,ITEMS PAYABLE IN CONNECTION WITH LOAN.
,
801, Loan Origination fee %
802, Loan Discount %
803, Appraisal Fee to
804, Credit Report to
805, Lender's inspection fee
'.
806, Mortgage Insurance application fee to
807, Assumption Fee
808, Commitment Fee
'.
809, FNMA Processing F.'e
810, Pictures .
811, I
9OO,lTEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE.
.'
901, Interest from to @$ /day
902, Mortgage insurance premium for mo, to
903, Hazard insurance premium for yrs. to
904, Flood Insurance yrs, to
905.
1000, RESERVES DEPOSITED WITH LEHlJER
'001, Hazard insurance mo,@$ per mo, ........-n. ~..
, - I,
1002, Mortgage insurance mO,@$ per mo, .
..
1003, City property taxes mo,@$ per mo, ;> ....,
1004, County property taxes mo,@$ per mo, : ....... . ....
1005, Annual assessments (Maili!.) mo,@$ per mo, .... ...... ..
" 1006, School Property Taxes mO,@$ per mo, ... ..> ...
..
I 1007, Water Disl. Prop, Tax mO,@$ per mo, .. ... .......
[ 1008, Flood Insurance mo,@$ per mo, ., ..
1-1100 TITLE CHARGES: ....
1 ""l "".~. .. "~'"' ... to
1102, Abstract or title search to
1103, Title examination to
~.1104' Title insurance binder to
1105, Document preparation to
, 1106, Notary fees to
1107, Attorney's fees to to
(inc/udes above items No,: ~7'"."... ...!'! ..,.."' ..' :i>".,' ·
,.'....
1108, Title insurance to Stewart Title Co. 200.00
(inc/udes above items No.: .";:0: '1,< ...... , ,.
1109, Lender's coverage S '. . :,.' ... .. ... ,.
1110, Owner's coverage $ 4U,WU.OU ;.., '. .:...
111 t Escrow Fee
1112, Restrictions
1113, Messenger Service
-
1200, GOVERNMENT RECORDING AND TRANSFER CHARGES
1201, Recording fees: Deed $ 9.00 Mortgage $ Releases S qnn
-
1202, City/county tax/stamps: Deed $ Mortgage $
1203, State tax/stamps: Deed $ 200.00 Mortgage $ 200.00
1204, Tax Certificates
1205,
'.
1300,ADDITIONAL SETTlEMENT CHAR'iES
1301, Survey to
1302, Pest inspection to
1303,
1304,
1305,
1400, TOTAL SETTlEMENT CHARGES (entered on Imes 103, SectIon J and 502. SectIon K) 209()() ,)fV\ f'"lf'"l
-
SELLErS A./II pu.HAlErSITATEMEIIT
Seller's and Purchaser's sigi'ature hereon acknowledges hisltheir approval of tax prorations, and signifies their understanding that prorations were based on figures for preceding year, or esti-
mates for current year, and In eVfll! 0' any change for current year, all necessary adjustments must be made between Seller and Purchaser direct; likewise any DEFICIT In delinquent taxes will be
reimbursed to Title Company by the Seller.
We approve the foregoing ~ettlement statement. In its entirety, authorize payments In accordance therewith and ac ge receipt of a copy thereof,
City of Clea:rwat
Signature
~,
Purchaser
Escrow Officer
HUD-l (Rev, ~78)
(15M ~84)
',''''-~A,,~\'''~'.)JI _ _ ~~_;:Q/~c
~
~-
I
I
Form Approved
OMe No. ll3-R1501
A. U.S. DEPARTMENT OF HOUSING AND URBAN DEVELDPMEIT B. TYPE OF LOAN:
1. o FHA 2. o FMHA 3. o CONV. UNINS.
4. OVA 5. o CONV. INS.
6. FILE NUMBER 17. LOAN NUMBER
86070088
8. MORTG. INS. CASE NO.
SETTLEMENT STATEMENT
..
C. NOTE: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked
"(p.o.c.)" were paid outside the closing: they are shown here for informational purposes and are not included in the totals.
0. NAME OF BORROWER E. NAME OF SELLER F. NAME OF LENDER
CITY OF CLEARWATER SQUARE D e<::l-tPANY
Ii. PROPERTY LoCA TloN I I H. SETTLEMENT AGENT I. SETTLEMENT DATE:
PARCEL OF LAND LOCATED IN
SECTION 1-29-15, PlNELJ.AS STEWART TITLE CO. OF CLEARWATER, INC. ::;J:!;J:'TEMBER 5, 1986
COUNTY , FLORIDA PLACE OF SETTLEMENT
1290 COURT STREET, CLEARWATER, FLORIDA (248th day of yr.)
.-
i- J. SUMMARY OF RORROWER.S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION
f '00 GROSS AMOUNT DUE FROM BORROWER, 400. GROSS AMOUNT DUE TO SELLER:
'01. Contract sales price 40.000.00 401. Contract sales price ./In nnn nn
... " .
I '02. Personal property 402. Personal property
..1~3. Se"lement charges to borrow (line 14(0) -0- 403.
'04. 404.
:oS. 405.
l\djustments for items paid by seller in advance: Adjustments for items paid by seller In advance:
..
~' 06. City /town taxes 10 406. City /town taxes to
107. County taxes to 407. County ta~es to
--
i 108. Assessments to 408. Assessments to
~:: to 409. to
10 410. to
to 411. to
'", to 412. to
112.
'20. GROSS AMOUNT DUE FROM BORROWER: 4g~000.00 420. BROSS AMOUNT DUE TO SELLER: 40,000.00
?OO. AMOUNTS PAlO BY DR IN BEHALF OF BORROWER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER:
-- .-
.~01. Oeposit or earnest money 501. Excess deposit (see Instructions)
202. Principal amount of new loan(s) 502. Se",ement charges to seller (line 14(0) 409.00
21)3. Existing loan(s) taken subject to 503. Existing loan(s) taken subject to
204 1031 Tax. Deferred F,:xchrlTlae 40 fVV'I fV'I 504 Payoff 01 lirst mortgage loan
205: 505. Payoff 01 second mortgage loan
206. 506. 1031 ~y - - An nnn nn
207. 507.
1208. 508.
209. 509.
I Adjustments for items unpaid by s~lIer: Adjustments for items unpaid bv seller:
i 210. City/town taxes to 510. City/town taxes to
~ 211. County taxes 1/1/86 to 9/5/86 456.32 511. County taxes 1 11 IA-h. to q/r;/Ah .d.r;h ~?
212. Assessments to 512. Assessments to
213. 10 513. to
;'14. 10 514. to
215. 10 515. to
216. to 516. to
217. to 51? to
218. to 518. to
--
219. to 519. to
220. TOTAL PAID BY IFoR BORROWER: 40,456.32 520. TOTAL REDUCTION AMOUNT DUE SELLER: 40,865.32
!
I
; :lOO. CASH AT SETTLMENT FROM/TO BORROWER: 600. CASH AT SETTLEMENT TO/FROM SELLER:
1
>-
,
l301. Gross amount due from borrower (line 120) 40,000.00 601. Gross amQunt due to seller (line 420) 40,000.00
I .'102. Less amounts paid by Ifor borrower (line 220) 40,456.32 602. Less total reductions in amount due seller (line 520) 40,865.32
2-03. CASH 10 FROM) IIKl Tol BORROWER: 456.32 603. CASH 10 Tol IIX FROMI SELLER: ** 865.32
MIS
** TO BE CASHIERS CHEO< PAYABLE ro STEWART TITLE CO.
(j (!: Fi/;la4tfJ1/ 7/3r')/?~
HUD-' (Rev. 5-761
'l
TO BE FILLED IN PERsnNALL Y BY SELLER OR BORROWER WITH HIS OWN PEN
': " IN$M,.. rv AND AFFIDAVIT AS TO DI11 AND LIENS .
. as described on Exhibit A attached hereto and initialled
SUBJECT PROPERTY: ..
P1neU.as
BEfORE ME. the undeniped authority. on this day personally appeared
STATE OF FLORIDA. COUNTY OF
SQURe D c.~.y
Seller or Owner-Borrower
Pinellu County, Florida
Contractor (if new construction)
Purchaser
penonaUy known to me to be the penon whose name is subscribed hereto. and upon his oath deposes and says:
I. the seller. owner-borrower. and/or contractor. represent to the purchaser and/or lender in this transaction
that to my knowled.. there are:
I. No unpaid debts for plumbin, fixtures. water heaten. floor furnaces. air conditionen. radio or television an-
tennae. carpetin.. rup. lawn sprinklin, systems. venetian blinds. window shades. draperies. electric appliances.
fences. street pavin.. or any penonal properly or fixtures that are located on the subject property described
above. and that no such items have been purchased on time payment contracts. and there are no security
interests on such property secured by a financin. slatement. security a...eement or otherwise except the
folio win,: (If none. so Slate.)
NAMI AND ADDRESS OF SECURED PARTY Approximat. Amount
NONE
2. No loans of any kind on said propeny except the followin.: (If none. 10 state.)
NAM& AND ADDRISS OF CREDITOR Appro...... AIMuat
ROD
J. AU labor and material used in the construction of improvements or repain on the above described property
have been paid for and there are now no unpaid labor or material claims apinst the improvements or the
property upon which same are situated. and I hereby declare that all sums of money due for the erection. oC
improvements or repain have been fully paid and satisfied. e.'(cept: (If none. so state.)
NAME AND ADDRESS OF SUPPLIER OF LAlOR. SERVICES OR MA TERIALS Approximate Amount
NONE
4. I. the P'fr~fl'f",I;f~~h"~~~t"~~8~1~ of any debts or liens of any kind other than those listed
above. lellcept: inanone. so state.1-
NAME AND ADDRESS OF SECURED PARTY. CREDITOR. SVPPLlER OF
LABOR OR MA TERIALS Approximate Amount
NONE
,. I. the owner-borrower. or purchaser. have not been given notice of the furnishing or intent to furnish any labor.
services. or materials in connection with any improvements or repairs to said property from any person or firms.
except: (If none. so state.)
SUPPLIER OR LAlOR. SERVICES OR MATERIALS ADDRESS
NONE
6. I. the undersigned owner. further certify that the real estate and personal property above described are in the
actual possession of the undersigned and is not in the possession. actual or constructive. of any person. persons.
or organizations holding or claiming same. ad\ersely to the undersigned under connact. lease. or any other color
of title or right of possession.
The improvements or repain to said property are now completed and have been accepted by purchaser and! or
Qwner-borrower.
- ~ ... .:t1'lD~Ml'4tiy..; I. THE SELLER. OWNER-BORROWER. ANO/OM. CO~TRA("TOR. AGREE TO PAY ON Of:MAND
':''..-fOTIi.E PU1tC3ASERS AND/OR LESOER IS THIS TRANSACTION. I HI:IR SUCCESSORS AND ASSIGNS. ALL
<- - A~\fTS ~~"URED BY ANY AND ALL L1ESS NOT SHOWN ABOVE. TOGETHER WITH ALL COSTS. LOSS
- AN~,TTORt.4F-~S FEES THAT SAID PARTIES MAY INCUR IN CONNECTION WITH SUCH UNM'ENTIONED
Llr~s:- PROV~DED SAID LIENS EITHER CURRENT... V Af't-l Y YO SUbjECT PKu~t.R1T. OR A PART THERE-
OFraR ARE:'Sl1BSEQUENTLY ESTABLISHED AGAINST SAID PROPERTY AND ARE CREATED BY ME.
KN,j)WN TQ~'OR HAVE AN INCEPTION DATE PRIOR TO THE CONSUMMATION OF THIS TRANSACTION.
'.':' ... iiom t~NIle purchaser andlor lender in this transaction are relyin. on the representation contained herein in purchasinl
- same or ltndiq money thereon and would not purchase same or lend money thereon un"" said representations were made.
_ :;r;;J-~Jj ,
. ~ w. W. Kurcze~;';;t,ddent. Secretary arid General Counsel
- ......
:--~~~',~ -'.-:SW6!-N~-J-ot\ND SUBSCRIBED BEFORE ME THISd 1 tL day of
~o~~~
O' ~;:,~~~l~l.""f';' ue . ~__~ uf Illinois
c:;-/
My Comllliuio. E,pim~kw?(.I'
. 19~.
'bw-;,y-.-
'lO 1"1: ""',......" 10 .. ....Nd __ ~I", .ft caw ,.e~" If ""'..... .1.' :.. .. '1'_ M ... I'.,."...."'...., If....... _ .. COMI~"" ... "'....,...., "''''' .hd It". lit t'" ,.....
,,, ..... " ~"""ll' oone
I
I
....
I5RlIl..rr "A"
A pucel of land lying in the West 411.05 feet of the East 974.00 feet
of the North 60.00 feet of the South 100.00 feet of the SW 1/4 of the
SE 1/4 ot section 1, Township 29 South, Range 15 East, Pine11as County,
norida, LESS AND ~1' that portion lying Easterly ot a line 8.00 feet
Easterly of and parallel to the centerline of the existi.ng Rai.1road Spur
Track being further described as follows: Beginn.ing at the SE corner of
the SW 1/4 ot the SE 1/4 ot SCtion 1, Township 29 South, Range 15 East;
thmce traverse N 89 deq. 32'18" West, 33.00 feet along South 00lIrnary
of said Section 1 to the Westerly right-of~ of Sunshine Drive; thence
N 00 deq.ll'4O" west, 195.00 feet CCIltinuing alatg said right-of-way line;
thence N 89 deq. 32'18" west, 521.54 feet to a ~int 8.00 feet East of
the centerline of the Railroad Spur 'l'rack and 195.00 feet North of and
parallel to the South line of said Sectia'1 1; thence 95.39 feet along
an arc of a curve to the right, said curve having a radius of 528.00 feet
and a cho%d 1erqth of 95.27 feet which bears S 04 deg. 52'10" west for
a Point of Begi.nni.ng; thence 61.60 feet along an arc of a curve to the
right, said curve n.ving a radius of 528.00 feet and a chord 1eng:th of
61.56 feet which bears S 13 deg. 23'19" west; thence N 89 deg. 32'18"
west, 396.59 feet; therJCe N 00 deg. 11'40" west, 60.00 feet; thence
S 89 deg. 32'18" East, 411.05 feet to the Point of Beginn.ing.
INITIAL
8
.:-,,~...
I
SELLER'S AFFIDAVIT
I
STATE OF FLORIDA
COUNTY OF PINELLAS
Before me, the undersigned authority, personally appeared
M. A. ,Galbraith, Jr., city Attorney
who, being first duly sworn, deposes and says:
1. That
the City of Clearwater, Florida,
is the owner of the following described property in Pinellas County,
Florida, to wit:
See Exhibit A attached.
2. That said property is now in posse~on of the record owner,
and that there are no other persons in possession of the property.
3. That there has been no services or labor performed or materials
furnished on or for said property for which there are unpaid bills for
services, labor or materials against said property.
4. That there are no liens or encumbrances of any nature affecting
the title to the property.
5. That it is hereby warranted that no notice has been received
of any public hearing regarding assessments for improvements by any
government agency within the past ninety (90) days, and it is hereby
warranted that there are no unpaid assessments against the above
property for improvements thereto by any government, whether or not
said assessments appear of record.
6. That the representations embraced herein are for the purpose
of inducing Square D Company
to purchase the above-described property.
CITY OF CLEARWATER, FLORIDA
By
/s/ M. A. Galbraith, Jr.
Sworn to and subscribed before me this 5th
1986
day of
September
/s/ Betty A. Russell
Notary Public
My Commission Expires:
Aug. 1, 1 990
"
I
EXHIBIT A
I
A parcel of land lying in the East 522.33 feet of the North 30.00 feet of the
South 195.00 feet of the SW~ of the SE~ of Section 1, Township 29 South, Range
15 East, PinellasCounty, Florida, LESS and EXCEPT that portion lying \~esterly of
sline 8.00 feet Easterly of and parallel to the Centerline of the existing Rail-
road Spur Track, being further described as follows: Commence at the SE corner
of the Sl~~ of the SE!t; of Section 1, Township 29 South, Range 15 East; thence
traverse N89032'18" 1-1, 33.00 feet along South boundary of said Section 1 to the
1-1esterly right-of-way line of Sunshine Drive; thence NOOoll '40" W, 165.00 feet
along said right-of-way line for a point of beginning; thence N890)2' 18" \0/,
522.33 feet; to a point 8.00 feet East of the centerline of the Railroad 'Spur
Track and 165.00 feet North of and parallel to the South line of said Section 1,
thence 30.00 feet along an arc of a curve to the left, said curve having a radius
of 528.00 feet and a chord length of 30.00 feet, which bears NOIOI9'20" E; thence
S89032'18" E, 521.54 feet ~o a point on the Westerly right-of-way line of Sun-
shine Drive; thence SQOoll '40" E, along said right-of-way line 30.00 feet to the
Point of Beginning.
Containing 0.36 Acres more or less.
,- --- ................