THE BABCOCK COMPANY
Return to: '(enclose self-addressed stamped envelope)
~~ I
Na-m;
WARRANTY DEED I
'FROM CORPORATION' ~
RAMeo FO'''''' 3:1
'-dd,_,
.II. 91....164290
IN~T ..; 1991' 3 t~5~~'!\____
JUN ,:_0 ~_ ____
------------1 ~
This Instrument Prepared by: and '~:et urn' to: !
C.M. Ua~nell ~
INDEPENDENCE TITLE !
Of CLEAHW ATEH, INc. J
2900 U. S. Hwy. 19 Nortll, Suite 202
Clearwater, FL 34621
PINELLAS COUNTY FLA~
OFF. F<EC. BK 76?~~ PG:1. 1-34
Add,...:
/0 ~. sV
liP? 0 (' ;20
Property Appraisers Parcel Identification (Folio) Number(s):
)/..3{).?c)
+.
SPACE ABOVE THIS LINE FOR PROCESSING DA T A
SPACE IIl1UYt '"Ill lIllt 'DR REWRDIIlO DA H'
This ~arranty lletd /\Tode o"d Hecufed 11u! 17
June
\\
A D, 1991 l~y
doy 0/
THE: BABCOCK CG1PANY, a Florida Corporation
CI corpora/ion ('xisfing urIller 1111? laws 0/ the State of Florida . and l1a!'in(J ~/s prinri1Jnl, place 0/
husinpss al 1555 Howell Branch Rd,., STE C-210, Winter Park, Fla. 32789
IIPrpina/lpr called IIIP gran lor. 10
THE CITY OF CLEARWATER
wllOse pos/offirp ae/clr"ss is P .0. Box 4748, C 1 w., Fla.
34618
IIPreina/ler cnllecl 111e gran lee :
(\\'hN'\'f'r tJllif'd hUf'in .hf' trrrn" "ll'rantorU 8ml U!Il'rantf'f't' inrlu(lf' all tllf' partie" to this imtrument and
the hf'iu. Ireal rtrrt"rnlath'n an.1 "",i!l{n, ur indi\'idual,. and Ihe 5urCf550n and a~5i~n5 or corpor:uiom)
Wilntssefh: Tlla' "Ir' wmllor. for anrl ill comideralioll o( II", slim o( $ 10.00--- and o,Iler
(lnll/ahle considera/iofls. recr'ipl u.I'er('o( is Il('rellY ac~nowle(hl<'rI, IlY "I('sc:> prc:>spn's rlops grafl', hargain. sell.
ali"n, r('lII;se. rpll'ase. COl. (ley n/HI cOfl(irm ",110 ,,\(! grafl'ep, all Ilia' cpr/aill lanrl si'uafe in Pinellas
-COllll/y. Florida. (liz:
SEE ATTACHED EXHIBIT "A"
H2~:
Oor.UI""1~"t;lrY '"nx F'd. ~ II ~l~~
L______,_ In~ngjble Tax Pd.
Karleen F, DeBI~r, Clerk, Pinellas County
':I ' By --.to j De,uty Clerk
CJ lIgtlhtr wi! 10 .n ".. ""'.""". ,.."JU.m.,,', ."J .ppa,'..."ce.
wise apperfainlng.
To Jtallt and to Itold,
,herp'o helonging or In any-
Mi'F
FIC
REV
~ORPORATE SEAL)
In ltIUntss ltIhtrtof Ihe grCIn'or 1105 calls"d Il,esI.' presenls 10
he pxeC/lIed in lis namp. and ils corpora Ie seal 10 he h"reun/o affixpd. hy lis
proper officers III"rplln/o duly nlllllOrized. Ihe day afld ypar /irsl aho,'p wrillen.
ATrE~,
THE: BABOXK CG1PANY, a Florida
...Cp:r:;oorat..i.QJJ... ....,.................., .."......,....."......,......
Signed, sealed and el'lJPred in 11,e prpsellce 01:
.~.aZ&rJ,J)..~..W~,., """"""""
/it #1
w tness #2
ST ^ TE OF FLORIDA
COUNTY OF "'ORANGE
KARL.EEN F. DEBL.AKER, ~"...
RECORD VERIFIED BY: ~
~--- - -------
I IIERERY CERTIFY ,ha' on ,hi, d.y, h.I".. m., .n ollinr duly .u.hori..d in ,h. 5,.,. .nd Coun'y .Ior...id '0 ,... .r.nowl.d~m.n",
prnonall)" appf'a.rrd
Robert Bredah.J..";;,,..
r','", .','i
w.1I hown '0 m. '0 M ,h. V ice r,..id.~t..~.J."'''' r;,c'7::~'~ - - - - - -.- '..p.CI;,"'y 01 ,h. corporalion n.m.d .. Il,.n'or
in ,h. lorr,~oin~ dotd, .nd ,h., 'h.y .."H;,nt'~('~'tw~d~.d ~~I-~~ ',h. ..m. in ,h. pr...nc. 01 two .uh"'ribin~ witn..... I..cly .nd .olunl.rily
und.. ,ulhori.y duly ..,..d in Ih.m hy ",id \~,Po,r.~on:.nd].., ',:,~ ....1 .Hi..d ,h...to i~. true corpon'. ...1 "I ..id corpnr..ion,
WIT~F.SS m)' hand ;;;~~~I~~;'~U_P'y, 4'!" St~~ ~"'id !hi.V 17 d.y of JJ-ge , A, D, 19 91
Commission II\Y:QM~. ' ... '. ".. :., U/.
IiiiiiD THROUGH ASHTON , , .,'
(SEA.~). """,';'" ,
;'~
1\
I .i . ,. NT'!' FL."'-
- . \:.t \ M:) cOU . ~ 11.'5~5
pIN--- -60~ PG, ~
Y~K. 7 .-
OFFtRECtl:;
EXHIBIT "A"
PARK PARCEL
LEGAL DESCRIYI10N
A PARCEL OF LAND LYING IN THE SOUTHWEST 1/4 OF THE SOUTHWEST 1/4 OF
SECTION 4, TOWNSHIp-. 29 SOUTH, RANGE 16 EAST, PINELLAS COUNTY, FLORIDA,
BEING MORE FURTHER DESCRIBED AS FOLLOWS:
COMMENCE AT TIlE SOUTHEAST CORNER OF AFORESAID SOUTHWEST 1/4 OF THE
SOUTHWEST 1/4; THENCE ALONG TilE SOUTH 40 ACRE ONE, N890lO'41"W, 167.11
FEET; THENCE NOO.12'S2"E, 60.00 FEET TO A POINT ON THE WESTERLY RIGUT-OF-
\1,\.
WAY OF MCMULLEN BOOTH ROAD AS DESCRIBED IN PINELLAS COUNTY RIGHT-
OF-WA Y PARCEL 1,153.20 AS RECORDED IN O.R. BOOK 6703, PAGES 1716 THROUGH
1718 OF THE PUBLIC RECORDS OF PINELLAS COUNTY, FLORIDA; THENCE ALONG
SAID RIGHT-OF-WAY NOO.OT09"E, 441.17 FEET; THENCE CONTINUING ALONG SAID
RIGHT-OF-WAY AND THE ARC OF A CURVE TO TIlE LEFT 17.03 FEET, RADIUS
11,359.16 FEET, CENTRAL ANGLE 00.05'09", CHORD BEARING NOO.04'34"E, 17.03 FEET
TO TilE SOUTIIERL Y LINE OF A 15.00 FOOT SANITARY SEWER EASEMENT AS
RECORDED IN O.R. BOOK 3033, PAGE 725 OF TIlE PUBLIC RECORDS OF PINELLAS
COUNTY, FLORIDA; THENCE ALONG SAID EASEMENT LINE S8104T39''W, 73.21 FEET;
THENCE CONTINUING ALONG SAID EASEMENT N74.00'51"W, 135.58 FEET TO THE
POINT OF BEGINNING TIIENCE CONTINUE N74000'51"W, 192.31; TIIENCE NOO.OO'05"E,
3!2_59 FEET; THENCE N05045'45''E, 148.49 FEET; THENCE S89"31'08"E, 170.05 FEET;
TIIENCE SOOoOO'05"W, 511.93 FEET TO THE POINT OF BEGINNING.
SAID PARCEL CONTAINING 88,881.23 SF MORE OR LESS OR 2.040 ACRES MORE OR
LESS
WITH
AN EASEMENT FOR INGRESS/EGRESS to-FEET WIDE BEING DESCRIBED AS
FOLLOWS:
BEGIN AT TIlE NORTHEAST CORNER OF THE ABOVE DESCRIBED PARCEL AND
RUN S89.31'08"E, 192.21 FEET TO A rOINT ON THE WESTERLY RIGHT-OF-WAY LINE
OF MCMULLEN BOOTII ROAD; TIIENCESOlo40'47"E, 10.00 FEET; ll-IENCE N89031'08"W,
192.51 FEET; THENCE NOooOO'05"E, 10.00 FEET TO THE POINT OF BEGINNING.
26148328 WJB
01 -
RECORDING
DOC STAMPS
06- 20-91 14: 51 ~ 09
i $10.50
.-. or ~ .1-1il 'in
1. :p _ ~ "-W= ---'
--------
TOTAL: $11130.70
CHECK AMT.TENDERED: $1,130.70
CHANGE: $0.00
I
c j .IFlED TO: C ITV OF CLEAI<W EI<;
~ .. Il-JDEPENDENCe TlfLE of
C.LEAfZWA1"E..R) It4C..
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WE.~TE(2LY r2./W OF
McMULLE.N BOOTH
t2.D. 0.12. BoOk CD 103
P6. \11(" - \"'110
Nefi"IO'+I"W
I (Pl. II
S-E. C~. OF T I-lE
s,w. !/4- of S.W. 1/4-
OF c;,ec..4-, T '2c=t ~, J2 1(., E.
.......-- c" - -
LOT-=- BLOCK - t . _ . .^$~-Rf.CO~DED IN
PLAT BOOK__ PAGE(S) , OF THE PUBLIC RECORDS or~~- ,,:"Pl-N~[..:.A< ", C;OUNTY, FL.
I HEREBY CERTIFY THAT TO THE BEST OF MY KNOWLEDGE AND ' / 7-0
BELIEF THAT THE SURVEY REPRt:SENTt:D HEREON MEETS THE ' -~~.::: -~ /?" .-~ "I
REQUIREMENTS OF CHAPTER 21 HH-B FLORIDA ADMINISTRATIVE CODE::.;E ~ ,.:<, !~ ,. 0
PURSUANT TO SECTION 472.07 FLORIDA STATUTES. :' EARL L.. RATLIFF, L.,41}0
NOT VALID UNLESS IMPRINTED WITH AN EMBOSSED SURVEYOR'S SEAL. ~,_F'1..0RIDk-"~GlSrERED SURVEYOR
HUD/F/A F.I.R.M. COMMUNITY PANEL No. DATE: :~, . _ ",
--
NOTES: LEGEND : ,~ _. ,
1. THIS SURVEY WAS PREPARED WITHOUT AN ABSTRACT OF TITLE, S.I.R. : SET 1/2''' ~ R'Q1} WITH CAP
THERE MAY BE ADDITIONAL RESTRICTIONS THAT ARE NOT MARKED L'.9."2610
SHOWN ON THIS SURVEY.
2. ElEVATIONS ARE BASED ON NATIONAL GEODETIC VERTICAL F.I.R.: rOUND IRON ROD (SIZE AS SHOWN)
DATUM OF 1929, MEAN SEA LEVEL ELEVATION EQUALS 0.00. F.C.M.: FOUND CONCRETE MONUMENT
3. BEARINGS SHOWN HEREON ARE BASED ON THE RECORD PLAT F.N.A:D. : rOUND NAIL AND DISK
UNLESS OTHERWISE INDICA TED.
4. rOUND CORNERS ARE UN-MARKED UNLESS OTHERWISE
INDICA TED.
TYPE OF SURVEY DATE
PROP. HOUSE LOC.
HOUSE STAKEOUT
VACANT
SH / 01'2
~ -$-1'
TYPE or SURVEY
FOUNDA TlON
FINAL
UPDATE
DATE
~....~ _LV ~,. Ml
24'45 U.S. HVY. l' NORTH
a.EMYATDt, FUIUDA 34623
PHOHE ('13) 7'1-1441
~
I
I
...
PARK PARCEL
LEGAL DESCRIPTION
A PARCEL OF LAND LYING IN THE SOUTHWEST 1/4 OF THE SOUTHWEST 1/4 OF
SECTION 4, TOWNSHIP 29 SOUTH, RANGE 16 EAST, PINELLAS COUNTY, FLORIDA,
BEING MORE FURTHER DESCRIBED AS FOLLOWS:
COMMENCE AT THE SOUTHEAST CORNER OF AFORESAID SOUTHWEST 1/4 OF THE
SOUTHWEST 1/4; THENCE ALONG THE SOUTH 40 ACRE LINE, N89olO'41"W, 167.11
FEET; THENCE NOO 0 12'52"E, 60.00 FEET TO A POINT ON THE WESTERLY RIGHT-OF-
WAY OF MCMULLEN BOOTH ROAD AS DESCRIBED IN PINELLAS COUNTY RIGHT-
OF-WAY PARCEL 1,153.20 AS RECORDED IN O.R. BOOK 6703, PAGES 1716 THROUGH
1718 OF THE PUBLIC RECORDS OF PINELLAS COUNTY, FLORIDA; THENCE ALONG
SAID RIGHT-OF- WAY NOO 0 OT09"E, 441.17 FEET; THENCE CONTINUING ALONG SAID
RIGHT-OF-WAY AND THE ARC OF A CURVE TO THE LEFf 17.03 FEET, RADIUS
11,359.16 FEET, CENTRAL ANGLE 00005'09", CHORD BEARING NOOo04'34"E, 17.03 FEET
TO THE SOUTHERLY LINE OF A 15.00 FOOT SANITARY SEWER EASEMENT AS
RECORDED IN O.R. BOOK 3033, PAGE 725 OF THE PUBLIC RECORDS OF PINELLAS
COUNTY, FLORIDA; THENCE ALONG SAID EASEMENT LINE S81 04T39"W, 73.21 FEET;
THENCE CONTINUING ALONG SAID EASEMENT N74000'51''W, 135.58 FEET TO THE
POINT OF BEGINNING THENCE CONTINUE N740 00'51"W, 192.31; THENCE NOOoOO'05"E,
312.59 FEET; THENCE N05045'45"E, 148.49 FEET; TI-lENCE S89031'08"E, 170.05 FEET;
THENCE SOOOOO'05"W, 511.93 FEET TO THE POINT OF BEGINNING.
SAID PARCEL CONTAINING 88,881.23 SF MORE OR LESS OR 2.040 ACRES MORE OR
LESS
WITH
AN EASEMENT FOR INGRESS/EGRESS lO-FEET WIDE BEING DESCRIBED AS
FOLLOWS:
BEGIN AT THE NORTHEAST CORNER OF THE ABOVE DESCRIBED PARCEL AND
RUN S89031'08"E, 192.21 FEET TO A POINT ON TIlE WESTERLY RIGHT-OF-WAY LINE
OF MCMULLEN BOOTH ROAD; THENCE SOl 040'47"E, 10.00 FEET; TIlENCE N89 o 31'08"W,
192.51 FEET; THENCE NOOoOO'05"E, 10.00 FEET TO THE POINT OF BEGINNING.
L2110017A
6/3/91
Iie(:p
J(jN 2....r" eb
I ["
Crr'y '7.91
Cltlil(
SN 2 o./' 2
CONTRACT FOR SALE AND PURCHASE
,
;ARTIES~!~)e~~bcocl< Company c/ Bob Bredahl, V. P. ,('Seller"),
v/ 15S5 Howell Branch Road, #C - 10 Winter Park, Florida 32789 (Phone407 645 412-:r-),
;,,;-City of-Clearwater Florida, c/o Jim Hensley ,('Buyer"),
(,I P.O. Box 4748 , Clearwater, Florida 34618 (Phone 462-6638 ),
h,,,,,I,y "\1",e Ih,,1 Ihu Sell", sh;,1I sull a"d Bllym sh,,1I huy Iho lollowing real properly ("noal Property") and personal properly ("Personally") (collectively "Property") upon the following
"'"'15 ""d cood,II""s which INCLUDE Ihu SI,,"dmds lor flea I Estule Trunsnctions prinled onlhe roverso or atlnched ("Sla",Jmd(s)"l and any addendum 10 Ihis inslrument
I. DESCRlPTION:{:')I"q"ld""e"i'lin"oll~eall)l<lp("lylnc"ludin Pinellas Counly,Florida: see attached
Exhibit A for am~roximate leqal description. Buyer to have the property and easement area
surveyed prior to c1osinq. The deed and the recorded access easement shall conform to the
survey description. See Exhibit B for diaqram.
{hi SII"oladd",ss,cily,lip,ollhul'ruplJllyiS McMullen Booth Road. north of S.R. 590, Clearwater.
(el I'<,'so"ally None - vacant land
* D.e12Q.slL1Q~Lnade within five (5) business days after execution by both parties.
II.
PURCHASE PRICE (See .C,I.<lLJs~...l
PAYMENT:
.9f ,a.~ tac;!1~cf .Acfcl~l1cfq m., ,fqr. q'! !<;:.IJ,I,qti.on ,o.f ."""".",
final purchase price)
I nc. in Ihe amount of
185,000.00
$
(a)
(h)
D(:p()sil(~~l to 110 hold ill escrow by
Lee Arnold & Associates,
$
5,000.00
*
SllhJor.lto AND nssllllJplion of mO/lgago in good slanding in favor of
having an approximnle presenl principal balance 01 $
Ie) PllIcll,'ISt'! "YtHll~Y lIlorl(Fl~IO ilnd lllorl{];:lqn note henring tlnlluul inleresl al % on terms set forth herein, ill amount of . ... $
Id) Oil",,: $
I,,) B"I'lI'CI' 10 close (liS cilsh, LOCALLY nflAWN cerlifiod or cilshier's check), subject to adjustmenls nnd prorntions (a pp rox .) $ 1 8 0 . 000 . 00
III. TIME FOR ACCEPTANCE; EFFECTIVE DATE: II this oller is nol executed by und delivered 10 nil parties on FACT OF EXECUTION communicaled in writing belween Ihe pmlies
Oil or b"lo/lJ ~a Y 6, 1991 , the deposil(s) will. nt Buyer's oplion, be relurned to Buyer and the offer withdrawn,
1111' lIalo 01 lliis COlll,act ("Elleclive Dille") will be the date when the last one of the Buyer ilnd the Seller has signed Ihis offer,
IV, FINANCING: (,,, II 'ho pu,cl,,,,;e plice or allY p~1I1 01 iI is 10 be fi'lilnced by a Ihird pmty Jonn, Ihis Conlrncl lor Sale and Purchase ("Conlract") is condilioned on Ihe Buyer
nhl,lillinu a wrilt(!11 COI1lI11iIIllOllt for IIIe loall wilhin clays from Effective Date, at an initinl interest rate not 10 exceed O,{I; term of -- years;
lIIlCl in II III prilldp;ll ;llllulInl of $ -------- . Buyer will mako applicnlion within days from Effoctive Date, find use rensonable diligence to obtain tho loan com-
1111111,,,"1 ","l, Ih..,,,,,,II,,,, 10 ,""el II,.., "'"l1S Wid coodiloolls 01 the COlTlmitmcnt ami to close Ihe loun, Buy"r shall pay nlllonn expenses, II Buyer Inils to optninthe loan commilmenl nnd,
(lIo",plly nolil",s ~"II", in w,ilonU, u, "1I,,r dililJ"'''1 ellorl "'ils 10 meet Ihe le'llls arKI cO'Klilions of Ihe commillllellt or 10 waive Buyer's rights under Ihis subparngraph wilhin tho lime
~~ldll~d lur OIJtilillilllj 11Il! cOIlHllihm!lIl, 1I11~1I t~illll!1 p:lrly lIlay ctlncellhe Conlrilcl und BlIyer sho:lIl bo refunded tho duposil(s).
(b) I Ii" ,,,,,,lill!I"""'!J"!!" d,,,;c,il ",t1 in I '''I:'Ol:'ph lI(h) ahovt! has (el JEeK ( I) 011 (2)): ( 1) 0 a variahle inleresl rale on (2) 0 a lixed inleresl rale 01 % pm il'"ll"n,
Al lill14l of (illt! 1';III~ful S()I1lI~ lixud illli~,u~' I"h~s :lIe slIhjocllo incloaso. II iltclt.w$ud, tile rnte 511:.1111\01 exceed ----- % per annum. Soller shall, within
tl.I'I:> l'()'ll Elh~ctive D,III~, Illllli:..;ll a st~ltell1el,1 1f()l11 ,Ill Illollya~JCes HtlllilKJ prinCilJal hill;lIlCes, 1l1ulhod 01 IJi.lYI1lUlll, inturusl lute .)lld status ot l1lortgayes. If Buyer has agrued 10 ;1$Sllllle
;1 IIlO,lUilUU wliidl leqlliJUs ilPPIOVil1 uf UlIye, by thu lIlorllli.luee lor assumption. thell Buynr sh,dl promptly obtain all required upplications and will diligenUy complete nnd return them
'<I III" """tu"!J"u, Any lIJo,I~I:"JUU c1lil'(Jds) iloilo '''Goed $ ------ shall be paid hy ----- (if nol lilled in, equally divided), If Iho Buyer is nol accepted
by l1lurlUtlUt:H 01 lliu Il:qllill~IIll~"b lvr USSlIlHplioll are nol ill acco,dance with the terms 01 the CUllhud or mortgagee rnakns a charge in excess of lhe staled amount, Sellor or
BIlY'" Il,ay ",seind lI,is COllhacl"y P!S'll,pl willie" nohce to the othm parly unloss either elects 10 pay Ihe increase in inleresl mle or excess mortgayee charges,
V, TITLE EVIDENCE: AI I""sl ~ days belore c10siny dale, Sollor shall. nt Seller's exponse, deliver 10 BIIYor or Buyer's allorney, in nccordallce with Stnnclard A, (Check (1)
or (2)): (I) 0 "1.,;I':H:lollill,, Oil (:>)[)(Iille 'OS'Hance commilment.
VI. CLOSING DATE: rhi" II: II ",,":h," , shall h" c1o""d ;H,d Iho doml and olhe, closin,.1 pape's deliven,,1 on June 5, 1 ~1~J,SS exlelldod by olher provisiolls 01 COlllrnct.
VII. RESTRICTIONS; EASEMENTS; LIMITATIONS: BlIyer shall take title suhjeclto: zolling, reslriclions, prohihiholls and olher mQuirernents imposed by governmental nulhorily; reslricliolls
..lilt! 1ll;llll~IS dppe;lllllq 011 lIu! pl.1I 01 ull1u,wi~u common to Ihe suWivision; public utility casemenls 01 record (casements ure to bo located contiguolls to Real Property lines and
nul Il,ur" 1I1:'" \0 I"", in width a" 10 1111' ""H or tronl hlles alld 7 'h leel ill w.fth as 10 Ihe sklo hilUS, ullless othe,wise speciliod herein); Inxes lor yo", of ctosing alld suhsequent
V\~;lI~l; i1~,~lllllll~d llli.lIlq;lqt!S ,lIld ptIlCIl.I~;tllllnIH~y IHllrlq;IOtlS. if i1IlY; ()11\(~r:
pruvltlud, Ihill IIlt:w t~lt.i~;ls ilt cltlsillq 110 violot1ion or t1H~ loreooin~J and none at 'ht~11l prevcnls llse 01 neal Proporty (or
City Park
purpose(s),
VIII. OCCUPANCY: ~;,.II", wall:",ls 111:,1 Ih"", "''' 110 pa,li"s ill occUP:JIlCY olher Ihall Soller, hul iI P,operly is intemfed 10 be rented or occupied beyond closing, the lacl alld lerms
lI'l:Il~t)1 ~;lldIlIJU :~l(llud h(~lt-!jll, ,lIltl Iho h:llillll(s) ul' OCCllPllllls disclosud plIrsuanl 10 SI.IlKldnl F. Sell(~r i.lorees 10 deliver occupancy of Property at time 01 closing unless otlmrwise
::.t;lllltllil!IUill. II UCUIPilllCY is 10 laJ di~livPletlllnl()ro c1osinq, Buyor nSSUlll(JS ull risk of loss 10 P,opurly Irom dnlc 01 occupancy, shull he responsible and liable for mailllcllwlce from
Illdl ditlu, Clod Sll;llIlll~ dt~t)lll(~d 10 1l;IVI! acct!pled Properly in Iheir existing cOlldilion (IS of lime of lakillY occupallcy unless otherwise sinton hercin or in a sepmalc writing.
IX, TYPEWRITTEN on IIANDWRITTEN PROVISIONS: '(ypowritten or handwritlen provisions sl1all conlrol all prinlod provisio"s 01 Conlracl in conllicl wilh thorn,
X. INSULATION RIDER: If Conlr;ocl is utiliwd lor Iho sale 01 n new rusiclonce, Iho Insulalionl1ider or oquivnlenl may bo attnched,
XI. COASTAL CONSTRUCTION CONTROL LINE ("CCCL") RIDER: II Conlracl is utili/ed lor the ,;ale 01 Properly allocled hy Ihe CCCL, Chaplm 16 I, r.s., (lfH17), as "",,,nd,,d,
'.>11,111 .lppl'l ;.!lld tilt: (;(;el. Hidl!! (II t~qllivClltmllllay be nUnched to tllis COl1lrud.
XII. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT ("FIRPTA") RIDER: ll1e P:II lios shall cOJllply wilh Ihe p,ovisions 01 F1I1P1A ancl applicable rogulalions whicl1 could
""Iui", ~,;"'I", to p,ovid" ",ldilio",,1 ,;;,sh al dosi"J 10 I1IlJol wilhholding'rcqlllrerlllJ!l.1s, <IIllllhe FIIH'lA rlidm or equivalenl may be attar.hed 10 Il1is Conllnct. R E C E T 9' ED
XIII. ASSIGNABILITY: (CIILCI( ( I) or (2)): 8uy"r ( t) 0 may nssi[J1l on (2) J1CJ mOlY nol nssign Conlract. ' '(
XIV. SPECIAL CLAUSES: (CIIFCI< ( I) or (2)): Addendum (1) KJ is attached OR (2) 0 is not applicable,
THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT.
IF NOT FULLY UNDERSTOOD, SEEK THE ADVICE OF AN ATTORNEY PRIOR TO SIGNING.
I EXHIBIT "A" I
LEGAL DESCRIPTION
NORTHERN PARCEL REVISED
A PJ\RCEL OF LANO LYING IN TilE SOUTHWEST 1/4 OF THE SOUTHWEST 1/4
OF SECTION 4, TOWNSHIP 29 SOUTH, RANGE 16 EAST, PINELLAS COUNTY,
FLORIDA, DEING MORE FURTIIER' DESCRIDED AS FOLLOWS:
COMMENCE AT TilE SOUTHEAST CORNER OF AFORESAID SOUTHWEST 1/4 OF
TilE SOUTHWEST 1/4; THENCE ALONG TilE SOUTH 40 ACRE LINE,
, '
1/09'10'1\1"W, -167.11 FEET; TIIENCE NOO'12'52"E, 60.00 ,FEET TO 11.
POUlT 011 TilE WESTERLY RIGHT-OF-WlI. Y OF MCMULLEN 'DOOTII ROll.D AS
DESCHIDED IN pnlELLAS COUNTY RIGHT-OF-WlI.Y PJ\RCEL '15J. 2 AS
RECORDED IN O.R. DOOK 670J, PAGES 1716 THROUGH 1718 OF THE
PUDLIC RECOROS OF PINELLAS COUNTY, FLORIDA; THENCE lI.LONG SAID
. '
RIGHT-OF-WAY NOO' 07' 09" E, 0\41.17 FEET; THENCE CONTINUING ALONG
SAID RIGIIT-OF-WlI.Y AND THE ARC OF A CURVE TO THE LEFT 17.0J FEET,
MDIUS 11,J59.16 FEET, CENTRl\L ANGLE 00'05'09", CIIORD BEARING
HOO' 01\ 'Ji\" E, 17. OJ FEET TO THE SOUTHERLY LINE OF A 15.00 FOOT
, '
S1\NIT1\HY SEWER E1\SEMENT 1\S RECORDED IN O. R. DOOK JOJJ, PAGE 725
OF THE PUBLIC RECORDS OF PINELLAS COUNTY, FLOIUD1\, 1\ND THE POINT
OF DEGINHING; THENCE ALONG SAID EASEMENT LINE S01'O'J9"W, 7J.21
FEET; THENCE CONTINUING 1\LONG SAID EASEMENT N74'OO'51"W, J27.89
FEET; THENCE NOO'00'05"E, J12.59 FEET; THENCE N05'45'45"E,
11\8.99 FEET; THENCE S09'J1'08"E, J62.26 FEET TO S1\ID WESTERLY
RIGHT-OF-WAY OF MCMULLEN DOOTH ROAD; THENCE 1\LONG SAID LINE
SOl'I\O'O"E, 197.4J FEET; THENCE ALONG THE ARC OF A CURVE TO THE
RIGHT )J9.60 FEET, MDIUS l1,J59.16 FEET, CENTRl\L ANGLE
01'1\2'1\7", CHORD DEJ\RING SOO'49'21\"E, JJ9.59 FEET TO THE POINT
OF BEGINNING.
Less and except the easterly 200 feet thereof.
The subject property Is estimated to contain 2.02 acres, more or less.
On the easterly 200 feet retained by the current Seller, the Seller shall at
closing grant to the City of Clearwater a 10 foot wide ingress/egress
easement running east to west along the northerly boundary. This
easement shall be for the construction of a sidewalk by the City to give
access to the subject property.
RECEIVED
JUN 2 1 1991
CITY CLERK
<<,
I
E~HIBIT B
DIAGRAM OF SUBJECT PROPERTY
AND ADJOINING PROPOSED 10 FOOT
WIDE SIDEWALK EASEMENT,
CANT
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CITY CLERK
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ADDENDUM
THIS ADDENDUM shall be attached to and become an integral part of that certain Contract For
Sale and Purchase between City of Clearwater and/or Assigns, as Purchaser, and The Babcock Company
as Seller, of that certain parcel of real estate located north of S.R. 590 on McMullen Booth Road.
1) Tile purchase price on the face of the Contract is an approximate figure based on an estimate
tllat tile subject property contains 2.02 acres, more or less. The final purchase price shall be
calculated by taking the actual square footage of the subject property (as determined by a new
land survey conducted at Buyer's expense) times $2.10 per square foot. There is no additional
compensation due to Seller for the 10 foot wide sidewalk easement area.
2) TAX REFORM ACT OF 1984
In accordance with the Tax Reform Act of 1984, Buyer shall deduct from the Purchase Price and
withlloldtax equal to ten percent (10%) of the Purchase Price, unless Seller furnishes:
a. An affidavit stating, under penalty of perjury, he is not a foreign person, partnership, trust
or corporation and supplies Seller's United States tax Identification number; or
b. A statement from the Internal Revenue Service indicating Seller is either exempt from
United States taxation or has reached an agreement with the Internal Revenue Service
regarding the satisfaction of his United States tax liability; or
c. For non-publicly traded United States corporations, an affidavit stating, under penalty or
perjury, the corporation is not a United States Real Property Holding Corporation, as
defined in the IRC Section 897(C) (2).
3) RADON GAS: Radon is a naturally occurring radioactive gas that, when it has accumulated in
a building in sufficient quantities, may present health risks to persons who are exposed to it over
. time. Levels of radon that exceed Federal and State guidelines have been found in buildings in
Florida. Additional information regarding radon and radon testing may be obtained from your
County Public Health Unit.
4) Pursuant to Florida Statutes, Ch. 475, Lee Arnold & Associates, Inc. makes the following
disclosures:
I. In the subject transaction, Lee Arnold & Associates, Inc. represents the Seller exclusively;
II. In the subject transaction, Lee Arnold & Associates, Inc. shall receive its compensation
from the Seller exclusively
The Buyer and Seller acknowledge, agree with and consent to the representation and
compensation disclosed above.
Buyer:
See signature block below
Date:
Notice to Buyer
RECEIVED
JUN 2 1 1991
Additional expenses (e.g. attorney's fee, taxes, title insurance, escrow fees, document~ibliYe~WKJnt
points, survey charges, mortgage transfer or service fee, engineering inspection fees, or insurance) may
be incurred by Buyer prior to or at the time of closing. Please consult your counsel for more information
regarding this specific transaction.
1JJ;;i9n
Rita Garvey,
5-tQ- 91
ornrnissioner
3--.,2 0- B-'
Manager
By:
correctness:
L/J(.~f.--7&~~
City Clerk
.5 - l.<J-9 /
6--/7- 9/
Jr., City Attorney
I
I
ADDENDUM
This Addendum is attached to and made a part of the Contract for Sale and Purchase executed
on May 11, 1991, between THE BABCOCK COMPANY as .Sellel'", and CITY OF CLEARWATER, as .Buyer",
pertaining to that certain real estate described in Exhibit .N and Exhibit .B. of said Contract.
Seller and Buyer agree as follows:
1) Time for Acceptance and Execution by Buyer; effective date shall be extended to May 20,
1991.
2) Closing Date shall be extended to June 20, 1991.
In all other respects, the Contract shall remain in full force and effect.
WITNESS '\
#1h1.~..
By: M. A.
0-{7 -4l
Date
RECEIVED
JUN ~ t ~aQ'
c.. a i I'j :'~K
........:... '"
1
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,
,
I
CLOSING AGREEMENT
I
I
"
DATE:
SELLERS:
m~tf ..
Ql-ROSS
BABCOCK
BUYERS:
CITY OF CLEARWATER
CLOSING AGENT: INDEPENDENCE TITLE OF CLEARWATER, INC.
LEGAL:
SEE ATTACHED EXHIBIT "A"
We, the undersigned Seller(s) and Buyer(s) of the above captioned
property, hereby acknowledge that the following$are conditions
regarding the transfer of the above captioned property:
1. That all contingencies set forth in the contract for sar~
have been complied with.
, t
2. A proration of real estate taxes has been made and appears
on the Settlement Statement. Such proration has been based on the
best available information, and is in accordance with the terms of
the Contract of Sale made between the parties, and is considered
final. Should any action by the taxing authorities result in material
differences in the final real estate taxes which indicates an
adjustment would be in order in favor of either party, any further
adjustment will be settled between the buyer and seller, and
INDEPENDENCE TITLE OF CLEARWATER, INC. assumes no liability for
payment of any utility, garbage, pollution, sewer ( and condominium
assessments, if applicable) bills that may be due and payable against
the property. Any Tangible Personal Property Taxes which may be due
for any personal property that may be included in this transaction
shall be settled between the buyer and seller.
Said tax proration has been made on the fOllowing information:
Last available tax bill $ 4,604.15
3. In consideration of the above referenced Closing Agent
disbursing the proceeds of this sale and/or loan, the undersigned
agrees~ if requested by the Closing Agent, to fully cooperate and
adjust for clerical or typographical errors, which may also include
re-signing and delivering any documents, if deemed necessary or
desirable in the reasonable descretion of the Closing Agent. It is
the intent of this document to covenant and assume that this
transaction and its documentation will conform to the parties agreement
or Lender requiremeht~t and it is understood that Closing Agent will
rely upon the Agreement and the covenants herein in closing this
transaction.
4. INDEPENDENCE TITLE OF CLEARWATER, INC. shall act as Escrow
Agent for the purpose of disbursing the funds as' required. Interest,
if any, shaii not be paid to the undersigned parties uniess specificaily
required by separate Escrow Agreement between Escrow Agent and the
Buyer and/or Seller. Unless otherwise specified by separate written
agreement, interest, if any, shall be used to defray the cost of
maintaining the escrow account.
SELLER(S):
BUYER(S):
C'T'T'V nJ;" ("L~n~W~T"'~
~~~~
BECEIVED
JUN 2 1 19,91
CITy CLE~IC
" ~
1\
I)
>;,
EXHIBIT "A"
rARK PARCEL
LEGAL IJESCRIYI10N
A PARCEL OF LAND LYING IN TilE SOUTHWEST 1/4 OF TilE SOUTIIWEST 1/4 OF
SECTION 4, TOWNSHIP 29 SOUTII, RANGE 16 EAST, PINELLAS COUNTY, FLORIDA,
BEING MORE FURTHER DESCRIBED AS FOLLOWS:
COMMENCE AT11lE SOUTHEAST CORNER OF AFORESAID SOUTHWEST 1/4 Of THE
SOUTHWEST 1/4; TIIENCE ALONG TilE SOUTH 40 ACRE LINE, N89'10'41"W, 167.11
FEET; THENCE NOO'12'52"E, 60.00 FEET TO A POINT ON THE WESTERLY RIGUT-OF-
-Il\.
WAY OF MCMULLEN BOOTII ROAD AS DESCRIBED IN I'INELLAS COUNTY RItH Il-
OF-WA Y PARCEL 1,153.20 AS RECORDED IN O.R. BOOK 6703, PAGES 1716 TIIROUGII
1718 OF TilE PUBLIC RECORDS OF PINELLAS COUNTY, FLORIDA; TIIENCE ALONG
SAID RIGIIT-Of-WAY NOO"07'09"E, 441.17 FEET; THENCE CONTINUING ALONG SAID
RIOIIT-Of-WAY AND TilE ARC OF A CURVE TO TilE LEFf 17.03 FEET, RADIUS
11,359.16 FEET, CENTRAL ANGLE 00"05'09", CIIORD BEARING NOO"04'34"E, 17.03 fEET
TO TilE SOUTIIERL Y LINE OF A 15.00 fOOT SANITARY SEWER EASEMENT AS
RECORDED IN O.R. BOOK 3033, PAGE 725 OF TilE PUBLIC RECORDS Of PINELLAS
COUNTY, FLORIDA; TIIENCE ALONG SAID EASEMENT LINE S81"47'39"W, 73.21 FEET;
THENCE CONTINUING ALONG SAID EASEMENT N74"00'51"W, 135.58 FEET TO TilE
POINTOf BEGINNING TIIENCE CONTINUE N74.00'51"W, 192.31; TIIENCE NOO'00'05"E,
312.59 FEET; THENCE NOS "4S'4S"E, 148.49 FEET; TIIENCE S89"31'08"E, 170.05 FEET;
THENCESOO"OO'OS"W, 511.93 FEET TO TilE POINT OF BEGINNING.
SAID PARCEL CONTAINING 88,881.23 SF MORE OR LESS OR 2.040 ACRES MORE OR
LESS
WITH
AN EASEMENT FOR INGRESS/EGRESS 1O-FEET WIDE BEING DESCRIBED AS
FOLLOWS:
BEGIN AT THE NORTHEAST CORNER Of TilE ABOVE DESCRIBED PARCEL AND
RUN S89" 31'08"E, 192.21 FEET TO A rOINT ON TilE WESTERLY RIGIIT-Of-WAY LINE
OF MCMULLEN BOOTII ROAD; TIIENCES01"40'47"E, 10.00 FEET;11IENCE N89' 31'08"W,
192.51 FEET; THENCE NOO"OO'OS"E, 10.00 fEEl TO TilE "OINT OF BEGINNING.
IIECErVED
JUN 2 1 1991
C/7")' CLERK
.
qr OMS No 25020265
A,
U.S. DEPARTMENT OF HOUSING AND UROr DEVELOPMENT
SETTLEMENT STATEMEN
I Y P E
8,
o F
LOA N
t. 0 r:-HA
2.0 F"MHA.
3. D CONV. UNINS.
4. 0 VA
5. 0 CONV. INS.
7. LOAN NUMBER:
6. FILE NUMBER:
91-8055
8. MORTGAGE INS. CASE NO.:
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: TheCHy of Clearwater
ADDRESS OF BORROWER:
E, NAME OF SELLER: .
ADDRESS OF SELLER:
The Babcock Company
~
F, NAME OF LENDER:
ADDRESS OF LENDER:
G, PROPERTY
LOCATION: McMullen Booth Road, North of S.R. 500
Clearwater, Florida
H. SETTLEMENfAGENT: lndependende Tille of Clearwater, Inc.
PLACEOfSEJTLEMENT: 28050U. S. 19 North ,Suite 303
Cle~rwat~r, )lorida 34621
I SETTLEMENT DATE: June 20, 1991
SUMMARY OF BORROWER'S TRANSACTION
1/kce
J(j,', 1 '.e/J
" 2 1 <<
C/'r /991
,,-" c.l.E/J1(
...
"
101, Contract Sales price
102, Personalproperty ,'",',.", '" ,'~_",..
103, Settlement charges to borrower: ."
(from line 1400)
104,
105.
ADJUSTMENTS FOR ITEMS PAID BY SELLER IN ADVANCE:
106, CitY/town taxeS to
1 07, County taxes ',", to
108, Assessments' to
109,
110:
111-
112,
10.50
404,
405.
ADJUSTMENTS FOR ITEMS PAID BY SELLER IN ADVANCE:
'''406, Cityltown taxes "to
407, County taxes to
408, Assessments to
409,
410, .
411-
412.
II ' I
201. Deposit or earnest money
202, Principal amount of new loan(!;)
203, Existing loan(s) taken subject to
204. "., . ,,',', ".""',",,:"''"'" '^'
205,
206,
207,
208,
209,
501, Excess deposit (see instructions)
502, Settlement cMrges to seller (line 1400)
503, Existing loan(s) taken subject to
504: Payoff of first mortgage loan
505, Payoff of second mortgage loan
506. ','
507,
508,
509,
ADJUSTMENTS FOR ITEMS UNPAID BY SELLER:
210. City/town taxes to
211. County taxes to
212. Assessments to
213,
214,
215,
216.
217,
218,
219,
220. TOTAL PAID BY/FOR
BORROWER:
~
17,595.35
301, Gross amount due from borrower (line 120)
302, Less amount paid by/fOr borrower (line 220)
186,661.50 601, Gross amount due to seller (line 420)
5,000. 00) 60~. Less total reductions In amount due seller (line 520) (
303. CASH (!Xl FROM) (0 70.) BORROWER:
181,661.50
(IX] TO) (0 FROM) SELLER: ~
169,055.55
Previous Edition Is Obsolete
Form No, 2369
5/87
58,4,3538,000,1
HUD-1 (3-fI6)
RESPA, HB 430!j,2
l. SETTLEMENT
700. TOTAL SALES/BROKER'S COMMISSlml
BASED ON PRICE $ 186,651. 00
C H A R G E S
I
(lr 7 %= 13,065.57
PAID FROM
BORROWER'S
FUNDS
AT
SETTLEMENT
PAID FROM
SELLER'S
FUNDS
AT
SETTlEMENT
DIVISION OF COMMISSION (LINE 700) AS FOLLOWS:
13,065.57
701, $
702, $
703, Commission paid at settlement
704.
-
601, ' Loan Origination fee %
602. Loan Discount %
603. Appraisal Felda:
604, Credit Report to:
805. Lender's Inspection fEll!
606. Mortgage Insurance application fee to
607, Assumption fee
606,
609,
610.
811
to Lee Arnold & Assoc., Inc.
to
13,065.57
b
..... n,
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"\ -:.."t..-
"
\
900, ITEMS REQUIRED BY LENDER TO BE PAlO IN ADVANCE:
901. Interest from '. "",, .,' to
902. Mortgage insuranc!!',pr,emium for
"t;' ',: ~I .......
903. Hazatd insurance ptemlum for', ''. "
904. Flood Insurance Premfum fOr
905,
@$
Iday
mo, to
yrs. to
yrs. to
1
1000, RESERVES DEPOSITED WITH LENDER:
1001. Hazard insurance
1002, Mortgage insurance
1 nfl3, City property'taxes
1004, County property taxes
1005. Annual assessments
1006, Flood Insurance
1007.
1006,
months @ $
months @ $
months @1 $
months (II $
months @ $
months @ $
months @ $
months (ci $
per month
per month
per month
per month
per month
per month
per month
per month
1100. TITlE CHARGES
1101, Settlement or closing fee to
1102, Abstract or title search to
1103, Title examination to
1104. Title insurance blnderto
1105. Document preparation to
1106, Notary fees to
1107, Attorney's fees to
(includes above items Numbers:
1106. Titlelnsuranceto Independence Title of Clearwater
(Includes above items Numbers: 11 0 1-11 0 6
1109, Lender's coverage $
1110. Owner's coverage $ 186, 65LOO
1111-
1112,
1113,
" -'Of
)
1,233.'27
1200, GOVERNMENT RECORDING AND TRANSFER CHARGES:
1201. Recording fees: Deed $
1202, City/county tax/stamps:
1203. State tax/stamps:
1204,
1205.
10.50
Deed $
Deed 9;
; Mortgage $
; Mortgage $
'1, i 20.20 ; Mortgage $
: Releases $
10.50
1,120.20
1300. ADDI 10NAL SETTLEMENT CHARGES:
1301. Survey to
1302, Pest inspection to
1303.Assessment search fee to City of CI earwater
1304,91 Tax 04/29/16/00000/330/0300 to O. Sanford Jasper
1305, * 1/1/91 thru 6/20/91
1306.
1307,
*
20.00
2,156.:n
1400. TOTAL SETTLEMENT CHARGES (Enter on line 103. Section J - and -line 502, Section K)
~
10.50
17,595.35
I have carefully reviewed the HUD-l Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and
disbursements made on my account or by me In this transaction, I further certify that I have received El copy of HUD-1 Settlement Statement
The City of Clearwater The abc k Com an
Settlement Agent June 20 , 1991
I File No. 91-8055
WARNINGllt is a crime to knowingly make false statements to lhe United States. on this or any other similar form, Penalties upon conviction can include a fine or
imprisonment For details see: Title 18 US, Code Section 1001 and Section 1010,
To Reorder Please Call: . Great Lakes Business Fonns. Inc,
l8A 1.800,253.0209 0 MI1,800,358,2643 0 FAX (6Ifl1791,1131
S8.4,3538,000.1
~'<'!
I '. ~. 1
commitment fOI
title insurance
INDUSTRIAL VALLEY TITLE INSURANCE COMPANY
Executive Offices: 1700 Market Street, Philadelphia, PA 19103
(215) 988-1881
Industrial Valley Title Insurance Company, a Pennsylvania 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 Insured 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 payment of the premiums and charges therefore; 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 the issuance of such policy or policies of title insurance
and all liability and obligations hereunder shall cease and terminate six (6) months after the
effective date hereof or when the policy or policies committed for shall issue, whichever first
occurs, provided that the failure to issue such policy or policies is not the fault of the Company.
IN WITNESS WHEREOF INDUSTRIAL VALLEY TITLE INSURANCE COMPANY has caused
this Commitment to be signed and sealed as of the effective date shown in Schedule a; the
Commitment to become valid when countersigned by an authorized signatory_
RECEIVED
JUN 2 1 1991
CITY CLERK
INDUSTRIAL VALLEY TITLE INSURANCE COMPANY
By:
D Cw\c{AM 13C\-cA^-
Ll"UEFENDENCE TI1LE
OF CLEARWATER, INC_
S050 'U_ S_ Hwy. 19 North, Suite 303
Clemwater, FL 34621
President
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/....~/ '''11\
f ~; #"tOV.ATE "et: '~\
! ~ : c.; 1963 ~ ; " :
\otl..""l: .. '~! Attest' J1 1
\. ~ \ ..SYl"....... 0.:
~ ~l (l,uo.
"-. ~O-t !#>~ /
..~.......!..~....~..I....
Gll" "
Secretary
. ..~'1~ r5{j~ IL.
V Aut orized Signatory
87 -202
AL T A COMMITMENT
PA3
J
~,
I
CONDITIONS AND STIPULATIONS
1. 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 Insured 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 matter, the Company at its option may
amend Schedule b of this Commitment accordingly, but such amendment shall not relievethe
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 Insured in 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, the
Exclusions from coverage and the Conditions and Stipulations 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 Insured 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.
schedule al
.
,
-.1'
53--95
Eff . 0 June (", 1991
ectlve ate ~05: 00 PM
1_ Policy or Policies to be issued:
AL T A Owner's Policy 1970 Form - Amended 10-17-70
Proposed Insured:
The City of Clearwater c/o Jim Hensley
AL T A Loan Policy 1970 - Amended 10-17-70
Proposed Insured:
I
Number
91 '-"nO~j5
$ 185,000..00
$
2. The estate or interest in the land described or referred to in this Commitment and covered
herein is FEE SIMPLE, and title to the estate or interest in said land is at the effective date hereo1
vested in:
The Babcock Company, A Florida Corporation
3. The land referred to in this Commitment is describecN"~<&x BEL.OW
See Attached Exhibit "A"
061 AL TA COMMITMENT
PA3
RECEIVED
JUN 2 1 1991
CITY CLERK
AUDIT NUMBER 1 - 263
)
I
EXHIBIT "A"
1 ",,,;?635?3
A Parcel of land lying in the Southwest 1/4 of the Southwest 1/4
of Section 4, Township ?9 South, Range 16 East, Pinellas County,
Florida, being mare further described as fallows: Commence at
the Southeast carner of aforesaid Southwest 1/4 at the Southwest
1/4; t hence a 1 on(:i t tH3 Sout h 40 acre 1 i ne, NB(i}) 10' 41 "1,J, 1 67" 11
'f=aa'l"~ t~laT'l(~a NOOl1?'C?"I= L() ()()' t'pp'l" '1"0 ~ or)'I'T')'I: OT.l 'l:~le IlpS'l"PY'I)'
,-....\..- J ~ .J I ~..- .."-,.- .. ,_ k.. ,.J..c... .... lJ (:>.... .... .... 1 '.. C.A f' ,_.. ... . I .. lAJ ....~.. ,.... ..
right-of-way of McMullen Baath Road as described in Pinellas
County right-of-way parcel l,153,,?0 as recorded in O.R. Book 6703
Pages 1716 t h'rough 1718 of t he Pub 1 i c I~econ;is Pine 11 as Count y ,
Florida; thence along said right-of-way NOOu07'09"E, 441,,17
feet; thence continuing along said right-of-way and the arc of a
curve to"the left 17,,03 feet, radius ]1,359.16 feet, central
~T'lCl'lp ()Ouoc'()O" r~loY~ I'P~Y.]'T.ICl NOOOO~'~AI'''C .1'7" O~ ~PP't: 'l"o 'l:~lP
t). ._...... . . ,..> I !J .., I ,. I..J _. ....(.A . '._ .. .c.l '.. r...,.. "..... I .... ..... 1 ,. .' I ....
Southerly line of a 15.00 foot sanitary sewer easement as
recorded in O.R" Book 3033, Page 7?5 of the Public Records of
Pinellas County, Florida; thence along said easement line
c81u47'~9"W 7~?1 fppt. thence rontinllinq ~lonq 03irl p~0pmpnt
d .:,~ "0, , . ;::, " . : ;:: ,;: ';:,. ::; ::: ",' ,,:. " '" ':~;:,' ::: '. '_ .... ,,;:,:, ' . '; ;::" :: ': " ''':,. ':::-. "
N74 00 ."d W." J.::L,)" .,)0 t I::. f.'. t L 0 L he. I 0 J Tl L of _ 1:3('.,,1 UlTllTl,,) L h(::.TH..f:'
l ' N'7" 4u ()C) , I" 'I "I.I 'J 0''', '''11 t ~ N(')(')u C)() . (') '''' " Ie" "'l' .", r" n [' l
COTY'; ], ntH:) ,,' ,.:l" \^<. ,7.::,. -:: ,; ; IlenCf) " ,~ ,.:l 1:" ::: J .::, ".:) '7 "'(l()";;
'l" t' " , .'. ", N(') I:;' (J A to' , A':;' "I"" " 48' A 0 'f: " 't. 't~' ", ' ". '" ("'HoUr) 1 '()O" I"" 'I '7(') (')'::' 'I:: '" "t' "
,H,~.TlLt:. , .,) ,'+.,,) ~I'_,) ::" """,, ~I' '7 E..E. ., ,I H::.TlLt:. .:):, '7 ,::>" ,(,) :::, , '" ," .,,) (':'.f:. " ,
'l" ~l f' n ('" (::,' cO C) 0 0 () > () L' "W I::' "'I 0 r:l 'f'; f" p t" 'l':c) 'I': ~'l f'" I:) (') 'I' fl'l" 0 'f" 1::3 (::,' Cl 'I' T'l T'l 'I' T'l Cl
t I .... ..' .... ~.,)... ...J ~"oJ .. .. .. 7.... ..; ....? ." . I .... " .. '.. ,..... '., .. .. ,._"
Said parcel containing 88,881.23 SF more or less or 2,,040 acres
more or less with an easement for ingress/egress 10-feet wide
being described as follows: Begin at the Northeast Corner of
'l" t' '" ..~'" ~ ", "j ",<", ". ,.'~, '" "j ').' ". ", 'I ..' ,j , , ("'(i")" u'''11 · (')C) " I'" 'I c)''', ''''1 'f': '" Tl" 'I'" ."
. H::. dUU Ie:':. U(::.,,,,C Y J U(::.U r, dY CI:.." riTlel Y U Tl .:K' ,:: po:::, "7,::,,, .::, " (:',,(::., "U <:1
point on the Westerly right-of-way line of "McMullen Booth Road;
'l"~' ", ' ". ", C(') 1 U A (') · 4 '7" U I"" 'I (') OC) f' 't'. t ~ , .. -, N8ourl1 > (')0" WI '" C/o", 1':' 1 'f"" '''I'' "
" I H::. T1Cf::. ")'"'' ',I' , " :::"",. , eE. ". , I)€', ncf.'. ,,'7 ,:: p ,c> 'p .::, " .,)" 1::)1::) . "
'l"~' "'T"" " N(')()u()O' (')":' "I"" "(') C)(') 'I:: ", -,t" t"" t- t.. ", I")'.' 't' "f' 1'3 "'C " , , " 'C
.llt~ILL '" ,.,) ::,> ",." (::.f:."U ,IlL "OITI. 0 ::t'JJT1T1JTIJ"
RECEIVED
JUN 2 1 1991
CITY CLERK
I
schedule b -section I
.
.'
I
5:3-95
Number
91 '-'805~i
The following are the requirements to be complied with:
1. Instrument(s), in insurable form, creating the estate or interest to be insured must be executE
delivered and filed for record.
~~/.
(!~ ,)
b.
Warranty Deed from The Babcock Company, A Florida Corporation to
The City of Clearwater c/o Jim Hensley.
Taxes for the year 1990 were paid 11/30/90 in the amount of
$4,604.15. Taxes are not escrowed. PARCEL #04/29/16/00000/330/0:
2. Payment of the full consideration to, or for the account of, the grantors or mortgagors.
3. Payment of all taxes, liens, charges, and assessments,levied and assessed against the prel
ises described in Schedule G, which are due and payable.
4. Satisfactory evidence should be had that improvements and/or repairs or alterations thereto a
completed; that contractor, subcontractors, labor and materialmen are all paid.
5. Proof that all electrical appliances, heating furnaces and systems, and any other fixturl
installed on the premises were not purchased under a secured transaction agreement or al
other retention of title agreement or have now been fully paid for.
6. Proof of identity, legal age and competency, and marital status if affecting title (including deatl
and divorces), of all natural personsin this transaction.
,.
RECEIVED
JUN 2 1 1991
CITY CLERK
85-64 ALTA COMMITMENT
PA3
Schedule "b" - section 1 consists Of
page(s).
I
schedule b
'.
I
.~
.'
5~3--9 5
Number
? 1--f3055
- section II
Schedule b of the policy or policies to be issued will contain the following exceptions unless the sc
are disposed of to the satisfaction of the Company:
1. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in
public records or attaching subsequent to the effective date hereof but prior to the date the propo
Insured acquires for value of record the estnte or interest or mortgage thereon covered by
Commitment.
2, Discrepancies or conflicts in boundary lines, unrecorded easements, encroachments or area con
which a complete and accurate current survey would disclose,
3. Rights or claims of parties in possession not shown by the public records,
4, Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposec
law ahd not shown by the public records,
5. Easements, or claims of easements, not shown by the public records,
6, Taxes or special assessments which are not shown as existing liens or charges by the public recor
7. Taxes for 1991 and subsequent years, which are not yet due and
payable.
8. Subject to Restrictions as recorded in Deed Book 1119, Page 501,
Public Records of Pinellas County, Florida.
9. Subject to Easements as recorded in O.R. Book 3033, Page 725 and
Deed Book 1119, Page 501, Public Records of Pinellas County, Florid,
10. At this time access to captioned property is neither guaranteed nor
insured.
BECEIVED
JUN 2 1 1991
CITY CLERK
76.59 ALTA COMMITMENT
PA3
Schedule "b" - section II of this commitment consists of
page(s).
- ----- ~---_._------ ----- ------ --- -_.---
J .. ,-i ~, : I'
commitment
for title
.
Insurance
..,
Industrial Valley Title Insurance Company
1700 Market Street
Philadelphia, Pennsylvania 19103
SUBJECT TO THE EXCLUSIONS FROM COVERAGE. THE EXCEPTIONS CONTAINED IN SCHEDULE b AND THE PROVI-
SIONS OF THE CONDITIONS AND STIPULATIONS HEREOF, INDUSTRIAL VALLEY TITLE INSURANCE COMPANY. A
PENNSYLVANIA CORPORATION, herein called the Company, insures, as of Date of Policy shown in Schedule a, against
loss or damage, not exceeding the amount of insurance stated in Schedule a, and costs, attorneys' fees and expenses
which the Company may become obligated to pay hereunder, sustained or incurred by the insured by reason of:
1, Title to the estate or interest described in Schedule a being vested otherwise than as stated therein;
2, Any defect in or lien or encumbrance on such title;
3, Lack of a right of access to and from the land; or
4, Unmarketability of such title,
IN WITNESS WHEREOF INDUSTRIAL VALLEY TITLE INSURANCE COMPANY has caused this policy to be signed and s
as of the date shown in Schedule a; the policy to become valid when countersigned by an authorized signatory.
INDUSTRIAL VALLEY TITLE INSURANCE CC
By ~CAN\'~ 13D--v{~
INDEPENDENCE TI1LE
OF CLEARWATER, INC.
28050 U. S. Hwy. 19 North,Suite 303
Clearwater, FL 34621
President. Operations
..,....~\llE..i:t......
/~~:,/"'.,."._,.~~.;\.
! ;{/ ".ORATE ol'e.'\~ \
,;Iif{J 1963 y'n:
!-'i !m":
.~'... 11""
\ ~\,l"4'NSYl""~ /i [if
',~ """'''' ,,,,,/ ~/
":.?~ ".",,," ........,.'
..... ~I * "... ,.,'
.,~",."............II
Attestj( QA",(D 1.
Gte'
. '
See)
dd/~(UA/~
Authorized Signa lory
87-206
PA 10
AUDIT NUMBER 2 1279:
ALTA Owner's Policy - 1970. Form B Amended 10-17.70
EXCLUSIONS FROM COVERAGE
)llowing matters are expressly excluded from the coverage of this policy:
,ny law, ordinance or governmental regulation (including but not limited to building and zoning ordinances) restricting
r regulating or prohibiting the occupancy, use or enjoyment ot the land, or regulating the character, dimensions or
)cation of any improvement now or hereafter erected on the land, or prohibiting a separation in ownership or a reduction
1 the dimensions or area of the land, or the effect of any violation of any such law, ordinance or governmental regulation,
lights of eminent domain or governmental rights of police power unless notice of the exercise of such rights appears in
1e public records at Date of Policy,
)efects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed or agreed to by the insured
laimant; (b) not known to the Company and not shown by the public records but known to the insured claimant either at
late of Policy or at the date such claimant acquired an estate or interest insured by this policy and not disclosed in writing
,y the insured claimant to the Company prior to the date such insured claimant became an insured hereunder; (c) resulting
1 no loss or damage to the insured claimant; (d) attachi ng or created subsequent to Date of Policy; or (e) resulting in
)SS or damage which would not have been sustained if the insured claimant had paid value for the estate or interest
nsured by this policy,
CONDITIONS AND STIPULATIONS
~ition of Terms
ollowing terms when used in this policy mean:
,nsured": the insured named in Schedule a, and, subject to any
Ir defenses the Company may have had against the named in-
:hose who succeed to the interest of such insured by operation
as distinguished from purchase including, but not limited to,
listributees, devisees, survivors, personal representatives, next
or corporate or fiduciary successors,
Insured claimant": an insured claiming loss or damage here-
knowledge" actual knowledge, not constructive knowledge or
which may be imputed to an insured by reason of any public
land": the land described, specifically or by reference in Sched-
and improvements affixed thereto which by law constitute real
y; provided, however, the term "land" does not include any
y beyond the lines of the area specifically described or referred
chedule a, nor any right, title, interest, estate or easement in
~ streets, roads, avenues, alleys, lanes, ways or waterways, but
I herein shall modify or limit the extent to which a right of access
from the land is insured by this policy,
mortgage": mortgage, deed of trust, trust deed, or other security
lent.
Jublic records": those records which by law impart constructive
of matters relating to said land,
tinuation of Insurance after Conveyance of Title
:overage of this policy shall continue in force as of Date of Policy
r of an insured so long as such insured retains an estate or in-
n the land, or holds an indebtedness secured by a purchase
mortgage qiven by a purchaser from such insured, or so long
1 insured shall have liability by reason of covenants of warranty
JY such insured in any transfer or conveyance of such estate or
t; provided, however, this policy shall not continue in force in
,f any purchaser from such insured of either said estate or in-
Dr the indebtedness secured by a purchase money mortgage
o such insured, .
I
6. Determination and Payment of Loss
(a) The liability of the Company under this policy shall in no case
exceed the least of:
(i) the actual loss of the insured claimant; or
(ii) the amount of insurance stated in Schedule a,
(b) The Company will pay, in addition to any loss insured against by
this policy, all costs imposed upon an insured in litigation carried on by
the Company for such insured: and all costs, attorneys' fees and ex-
penses in litigation carried on by such insured with the written authori-
zation of the Company,
(c) When liabiilty has been definitely fixed in accordance with the
conditions of this policy, the loss or damage shall be payable within 30
days thereafter,
7. Limitation of Liability
No claim shall arise or be maintainable under this policy (a) if the
Company, after haVing received notice of an alleged defect, lien or en-
cumbrance insured against hereunder, by litigation or otherwise, re-
moves such defect, lien or encumbrance or establishes the title, as
insured, within a reasonable time after receipt of such notice; (b) in the
event of litigation until there has been a final determination by a court
of competent jurisdiction, and disposition of all appeals therefrom, ad-
verse to the title, as insured, as provided in paragraph 3 hereof; or
(c) for liability voluntarily assumed by an insured in settling any claim
or suit without prior written consent of the Company,
8. Reduction of Liability
All payments under this policy, except payments made for costs,
attorneys' fees and expenses, shall reduce the amount of the insurance
pro tanto, No payment shall be made without producing this policy for
endorsement of such payment unless the policy be los; or destroyed, in
which case proof of such loss or destruction shall be furnished to the
satisfaction of the Company,
,
..
.
"- I
, h d 'I Fiil
SC e U e~-95
I
Number
2--127982
Date of Policy June 20, 1991
03=30 PM
Amount of Insurance $186,651.00
1. Name of Insured:
The City of Clearwater
2. The estate or interest in the land described herein and which is covered by this policy is:
FEE SIMPLE
3. The estate or interest referred toherE!Jtrls at Date of PoliCy vested in
INSURED
is situated in County of Pi nell;;t~ ' Stat
and is described in the instrument as recorded of recor
Book 7602 Page 1134
4. The land referred to in
Flor Ida
See Attached Continuation Owner's Policy Schedule A
~-
I
I
.
91-8055
2-127982
Owner's Policy Schedule A
A Parcel of land lying in the Southwest 1/4 of the Southwest 1/4
of Section 4. Township 29 South. Range 16 East. Pinellas County,
Florida, being more further described as follows: Commence at
the Southeast corner of aforesaid Southwest 1/4 of the Southwest
1/4; thence along the South 40 acre line, N89"10'41"W, 167.11
feet; thence NOO"12'52"E, 60.00 feet to a point on the Westerly
right-of-way of McMullen Booth Road as described in Pinellas
County right-of-way parcel 1,153.20 as recorded in O.R. Book 6703
Pages 1716 through 1718 of the Public Records Pinellas County,
Florida; thence along said right-of-way NOO'07'09"E, 441.17
feet; thence continuing along said right--of-way and the arc of a
curve to the left 17.03 feet, radius 11,3S9.16 feet, central
angle 00'05'09", chord bearing NOO'04'34"E, 17.03 feet to the
Southerly line of a 15.00 foot sanitary sewer easement as
recorded in D.R. Book 3033, Page 72S of the Public Records of
Pinellas County, Florida; thence along said easement line
S81'47'39"W, 73.21 feet; thence continuing along said easement
N74'00'SI"W, 135.58 feet to the Point of Beginning thence
continue N74'00'51"W, 192.31; thence NOO.00'05"E, 312.59 feet;
thence NOS'4S'45"E, 148.49 feet; thence S89'31'08"E, 170.05 feet;
thence SOO.OO'OS"W, 511.93 feet to the Point of Beginning.
Said parcel containing 88.881.23 5F more or less or 2.040 acres
more or less with an easement for ingress/egress 10-feet wide
being described as follows: Begin at the Northeast Corner of
the above described parcel and run S89'31'08"E, 192.21 feet to a
point on the Westerly right-of-way line of McMullen Booth Road;
thence 501'40'47"E, 10.00 feet; thence N89'31'08"W, 192.51 feet;
thence NOO'OO'OS"E, 10.00 feet to the Point of Beginning.
sched ~ leiJ95
1
.
Number
'11..""B05b
This policy does not insure against loss or damage by reason of the following:
1. Discrepancies, conflicts in boundary lines, unrecorded easements, encroachments, and
content which a complete and accurate current survey would disclose.
2. Rights or claims of parties in possession not show,n by the public records.
3. Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnis
imposed by law and not shown by the public records.
4. Easements, or claims of easements, not shown by the public records.
5. Taxes or special assessments which are not shown as existing liens or charges by the pi
records.
6. The lien of all taxes for the year 19], 991
7. Taxes for 1991 and subsequent years, which are not yet due and
payable.
8. Subject to Restrictions as recorded in Deed Book 1119, Page 501,
Public Records of Pinellas County, Florida.
9. Subject to Easements as recorded in O.R. Book 3033, Page 725 and
Deed Book 1119, Page SOl, Public Records of Pinellas County, Florid
10. At this time access to captioned property is neither guaranteed nor
insured.
Schedule "b" of this policy consists of
page(s),
055 OWNER
PAW
, .--1'--,..........."-,..-
,-
I
.,-....,
3. Defense and Prosecution of Actions-- Notice of Claim to be
given by an Insured Claimant
(a) The Company, at its own cost and without undue delay, shall
provide for the defense of an insured in all litigation consisting of
actions or proceedings commenced against such insured, or a defense
interposed against an insured in an action to enforce a contract for a
sale of the estate or interest in said land, to the extent that such litiga-
tion is founded upon an alleged defect, lien, encumbrance, or other
matter insured against by this policy,
(b) The insured shall notify the Company promptly in writing (i) In
case any action or proceeding is begun or defense is interposed as set
forth in (a) above, (ii) in case knowledge shall come to an insured here-
under of any claim of title or interest which is adverse to the title to the
estate or interest, as insured, and which might cause loss or damage
for which the Company may be liable by virtue of this policy, or (iii) if
title to the estate or interest, as insured, is rejected as unmarketable If
such prompt notice shall not be given to the Company, then as to such
insured all liability of the Company shall cease and terminate in regard
to the matter or matters for which such prompt notice is required, pro-
vided, however, that failure to notify shall in no case prejudice the
rights of any sllch insured under this policy unless the Company shall be
prejudiced by such failure and then only to the extent of such prejudice
(c) The Company shall have the right at its own cost to Institute and
without undue delay prosecute any action or proceeding or to do any
other act which in its opinion may be necessary or desirable to estab-
lish the title to the estate or interest as insured, and the Company may
take any appropriate action under the terms of this policy, whether or
not it shall be liable thereunder, and shall not thereby concede liability
or waive any provision of thiS policy,
(d) Whenever the Company shall have brought any action or inter-
posed a defense as required or permitted by the provisions of this
policy, the Company may pursue any such litigation to final determina-
tion by a court of competent jurisdiction and expressly reserves the
right, in its sole discretion, to appeal from any adverse judgment or
order,
(e) In all cases where this policy permits or requires the Company to
prosecute or provide for the defense of any action or proceeding, the
insured hereunder shall secure to the Company the right to so prose-
cute or provide defense in such action or pro(;eeding, and all appeals
therein, and permit the Company to use, at its option, the name of such
insured for such purpose, Whenever requested by the Company, such
insured shall' give the Company all reasonable aid in any such action
or proceeding, in effecting settlement, securing evidence, obtaining
witnesses, or prosecuting or defending such action or proceeding, and
the Company shall reimburse such insured for any expense so incurred
4. Notice of Loss - Limitation 01 Action
In addition to the notices required under paragraph 3(b) of these
Conditions and Stipulations, a statement in writing of any loss or dam-
age for which it is claimed the Company is liable under this poliCY shall
be furnished to the Company within 90 days after such loss or damage
shall have been determined and no right of action shall accrue to an
insured claimant until 30 days after such statement shall have been fur-
nished, Failure to furnish such statement of loss or damage shall ter-
minate any liability of the Company under this policy as to such loss
or damage,
5. Options to Payor Otherwise Settle Claims
The Company shall have the option to payor otherwise settle for or in
the name of an insured claimant any claim insured against or to ter-
minate all liability and obligations of the Company hereunder by paying
or tendering payment of the amount of insurance under this pOlicy to-
gethcr with any costs, attorneys' fees and expenses Incurred up to the
time of such payment or tender of payment, by the insured claimant and
authorized by the Company,
......-..,
1
9. liability Noncumulative
It is expressly understood that the amount 01 insurance unl
policy shall be reduced by any amount the Company may pay un
policy insuring either (a) a mortgage shown or referred to in SI
b hereol which is a lien on the estate or interest covered by this
or (b) a mortgage hereafter ei<ecuted by an insured which is act
lien on the estate or interest described or relerred to in SChE
and the amount so paid shall be deemed a payment under this
The Company shall have the option to apply to the payment 01 a
mortgages any amount that otherwise would be payable hereu
the insured owner of the estate or interest covered by this policy
amount so paid shall be deemed a payment under this policy
insured owner.
10. Apportionment
II the land described in Schedule a consists 01 two or more
which are not used as a single site, and a loss is established a
one or more 01 said parcels but not all, the loss shall be compu
settled on a pro rata basis as if the amount of insurance un,
policy was divided pro rata as to the value on Date of Policy
separate parcel to the whole, exclusive of any improvements ma
sequent to Date of Policy, unless a liability or value has otherwi~
agreed upon as to each such parcel by the Company and the
at the time of the issuance of this policy and shown by an expres
ment herein or by an endorsement attached hereto
11. Subrogation Upon Payment or Settlement
Whenever the Company shall have settled a claim under this
all right of subrogation shall vest in the Company unaffected
act of the Insured claimant The Company shall be subrogatec
be entitled to all rights and remedies which such insured e
would have had against any person or property in respect to sue
had this policy not been issued, and if requested by the Compal
insured claimant shall transfer to the Co~pany all rights and rI
against any person or property necessary in order to perfect su
of subrogation and shall permit the Company to use the name
insured claimant in any transaction or litigation involving such I
remedies, If the payment does not cover the loss of such insure
ant, the Company shall be subrogated to such rights and rem
the proportion which said payment bears to the amount 01 s,
If loss should result from any act of such insured claimant, such
not void this policy, but the Company, in that event, shall be ree
pay only that part of any losses insured against hereunder whl
exceed the amount, II any, lost to the Company by reason of thE
ment of the right of subrogation
12. Liability Limited to this Policy
This instrument together with all endorsements and other inst
if any, attached hereto by the Company is the entire policy and
between the insured and the Company,
Any claim of loss or damage, whether or not based on ne~
and which arises out of the status of the title to the estate or
covered hereby or any action asserting such claim, shall be r
to the prOVISionS and conditions and stipulations of this polil
No amendment of or endorsement to this policy can be mad
by writing endorsed hereon or attached hereto signed by e
President, a Vice PreSident, the Secretary, an Assistant Secr
validating officer or authorized signatory of the Company,
13. Notices, Where Sent
All notices required to be given the Company, and any statE
writing required to be furnished the Company shall be addrE
its Headquarters,
.
--' ,
I - .-.
owner's
title
policy
I
I
Independence 'TIt{e
of C{earwater, Inc.
"July 1, 1991
...,JI\
"The City of Clearwater
'P.O. Box 4748
. Clearwater, FL 34618
~
""".It,
Re: OUr File If 91-8055
Dear Gentlerren or Ladies
, Enclosed herewith please find the following items:
V Original Owners Policy
L Original, Recorded Warranty Deed
Original Mortgagee-Policy
Original, Recorded Mortgage Deed and Riders, if any.
It has been a pleasure serving you in this matter and if we can be of
any service in future matters, please do not hesitate to call on us.
Sincerely,
b
Sue Ann Brightwell
Independence Title of Clearwater, Inc.
~.
ttt\,tll
" \) ~ \~g\
~\l\.
C,\"'{'( C \..t ~ \(
Pinellas Park Br
4429 Park Blvd,
Pinellas Park, FI
Phone: 813 54
Fax: 813 541<
28050
~ U.S. 19 No.
Suite 303
Clearwater, FL 34621
Phone: 813 799-6488
Fax: 813 799-0571
I
I
CITY OF CLEARWATER
Interdepartmental Correspondence Sheet
TO:
Cynthia E. Goudeau, City Clerk
M. A. Galbraith, Jr., City Attorney ~
Purchase from The Babcock Company - 2.2 acres in SaIl's
Lake Subdivision for park purposes
FROM:
RE:
DATE:
June 20, 1991
The subj ect purchase was completed today, and enclosed are the
following documents:
Copy of Contract for Purchase and Sale
Settlement Statement
Title Commitment # 91-8055 issued by Industrial Valley Title
Insurance Company
Copy of deed
Copy of survey
Copy of closing agreement
I will forward the original deed and title policy to you when I
receive them.
MAG: jmp
Enclosures
Copy:
Daniel J. Deignan, Finance Director w/copy of Settlement Statement
RECEIVED
JUN 2 1 1991
CITY CLERK