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CHARLES AND MARJORIE UPDYKE CHARLES O. UPDYKE and MARJORIE L. UPDYKE, his wife, ot [he County of Pinellas and State of Florida part ies of the first part, and CITY OF CLEAR WATER, FLORIDA, a municipal whose mailing address is corporation, PO Box 4 748~ Clearwa~er o{ the Coullty of 'Pinellas and State of Florida 33518 part y of the second part. ~itn.essetht that [he said part ies of the first part. for and in con:;ideration of the sum of-------------One..--------------- Dollars. and other good and valuable considerations to them in hand paid. the receipt whereof i:; hereby acknowl. edged. ha s granted, bargained. sold and conveyed. and by these presellts do grant. bar. gain, sell, convey and confirm unto the said part y of the second part and its succ~s and assigns forever, all that certain parcel of land lying and being ill the County of Pinellas and State of Florida . more particularly described as follows: 0() ~ It) CQ CQ ~I . :g: 1-4 t ...~I ,~ ~'e ~ ".~ $ '~ , 'i,-d ~ -:~ <J) ~. . (fl ~ '4 0 '-OJ .,.., '/, F~ >> ':;0"" l'~ ~ c3 ~ " .~.. ..1. , \ \ " 'I I 80168951 ;.- 3~ day of Q,R. 5096 PAGE I .~ 359 'NA.RRAN~ i b-I!::F" I RAMeo F'Oi:H 4 7f, : Jl.. ..L__ ~ '. , JI;.!S .lli6.Ut.mlh et .'1 ade thiS , A. D. 10 80 . .Between I I The West 1. 0 feet of Lots 9 through 15, and the West 1.0 feet of the, South 46.76 feet of Lot 8, all in Block 5, Woodvalley Unit No.2, according to the map or plat thereof as recorded in Plat Book 68, page 45 of the Public Records of Pinellas County, Florida. m@n~ 40 Rec r;. d'-U~ 41 DS t..f() - 43 ~~t _ 7. c?d "J:!--' 15 15345271 70 0001. 41 ~ .-< to ~~ ~ B ~t-"t! "'I ~ ;lD r "', t 1- ;~', 071' ::"'_--l' ;Ii '....." '1'1 ,~ n ..~C'j4= ~fJ ~>~' It") , !:: '" g ~ :lD (~ ... ). """" .... <-, ~~; ~'~~' t:.:: -...o-F"'-----ir"--S · '1 - ~ I A I ~...- F h,.. .J F" I [J A ~: f(8;~r,i/,:!,~;:\,~;J,:.';,.,~;,'~,;,;,~:,~-ot!..~op. :"~.~.1 ~.,r., , .. :-.~. nc.T~"2\.J ~ .. .. - CD ~ .. ... w ;! ,",', --~-------- -- -- -~----~----~ Together with all the tenements. hereditaments and appurtenanres. with every privilege, r/ght. tiilp. interest and estate. dower and right of dower, reversion, remainder alld easement thereto belonging or in anywise appertaining: 10 lial1t and to Hold the s(Jme in fee simple forever. And the said part ies of the first part do covenant with the said party of the serond pa..t that they are lawfully sei=ed of the said prc'mise:s. that they are free fron all encllmbrances and thnt they have good right ui.d la!{'. fill authority to sell the same; and the said part ies of the first IJart do hereby fully tmrrant the title tn said land, fInd teil! defend the same against the lau:ful cirzi11lS of all IJersons u;hn:?lsoet;e,~, In Witness lfiherc!lf, the said parties 0/ the first part ha ve hereunto set their hand s \ .^' '';''.'~'' '\' :,.~ "'~' ~ " \ \, ~''\i\'1 .~" \;\ " and seal s the day.alld year above wriften. ~,'-\";C(,,d,r \1,.\\1.(( \\ '",':\ \"' ' Signed. sealed and delivered ill our presence: \._' l..i r, :~ ~~" /7? ~~"'0"" if.. , 'r ~ "....., .- 'Charl~'~'-'O:''''Up'dyk~ -- " ." '~-:.;.J 02-~....-...~--.....~.--~' .~...;;;,......__......?...-~ ---------:" ~,T~~,. .......---.. JorIe.oL. UI)~ ~'~} , ,- "-'''.- --,...."., .........-... .----.-...--......-... .__._..__......;~, .:~ t;;:~~::..., .........-.--.. .......:~:.=~::~.~. ..... --_.. ..... .. -. .-..,..-.-........---..............---....-........-......---....-........ -.. ...............--.-.. ......... ...........................................................-...-..................-............. ... )~ D 2-Pf -36 ~. -- . - r COMMITMENT NO. F 190247 I AMERICAN LAND TITLE ASSOCIATION COMMITMENT - 1970 Rev. TITLE INSURANCE COMPANY OF MINNESOTA a Stock Company of Minneapolis, Minnesota TITLE INSURANCE COMPANY OF MINNESOTA, a Minnesota 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 therefor; all subject to the provisions of Schedules A and B and to the Conditions andStipula- tions 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 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, Title Insurance Company of Minnesota has caused its corporate name and seal to be hereunto affixed by its duly authorized officers on the date shown in Schedule A, to be valid when countersigned by a validating officer or other authorized signatory. TITLE INSURANCE COMPANY OF MINNESOTA ~~~ Secretary ~~'.~'-' ~.'" .-....~, ..-..c,_""--_____.........._, -....._-_ , 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 of the proposed Insured 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 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 ofInsured 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 orinterest 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 com- mitted for in favor of the proposed Insured which are hereby incorporated by reference and 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. TITLE INSURANCE COMPANY OF MINNESOTA A -r 400 SECOND AVENUE SOUTH/MINNEAPOLIS, MINNESOTA 55401 Telephone (612) 332-5111 , "SCHEDULE A" FORM- FOR USE WITH COMMITMENT FOR TITLE INSURANCE COuntersignel: ' l FileNo. 11,530 Commitment No.F 190247 SCHEDULE A 1, Effective date: September 24, 1980 at 5:00 p.m. 2. Policy or Policies to be issued: Amount: (a) ALTA Owners Policy - Standard Form A -1970 (amended 10/17/70) $ 58,695.00 Proposed Insured: CITY OF CLEARWATER, a municipal corporation (b) AL TA Standard Loan Policy - 1970 (amended 10/17/70) $ Proposed Insured: 3, The estate or interest in the land described or referred to in this Commitment and covered herein is a FEE SIMPLE (Fee Simple, leasehold, etc.) 4, Title to the Fee Simple estate or interest in said land is at the effective date hereof vested in: CHARLES O. UPDYKE AND MARJORIE L. UPDYKE, his wife 5. The land referred to in this Commitment is described as follows: A part of the NW ~ of Section 8, Township 29 South, Range 16 East, Pinellas County, Florida, being further described as follows: From the SW corner of WOODVALLEY UNIT NO.2 SUBDIVISION, as recorded in Plat Book 68, page 45, Pinellas County Records, run -thence N. 1011'31" E. along the West boundary of said WOODVALLEY UNIT NO.2, 60.55 feet to the North property line of the CITY OF CLEARWATER and the Point of Beginning; thence continue N. 1011 '31" E., along said West boundary of WOODVALLEY UNIT NO.2, 520.0 feet; thence W. 260.0 feet; thence S. 1011'31" W., 479.38 feet;thence S. 8l003~9" E., 262.32 feet to the P.O.B.; ,~ west 1.0 feet of Lots 9 through 15, and the West 1.0 feet of the / South 46.76 feet of Lot 8, all in Block 5, WOODVALLEY UNIT NO.2, as , recorded in Plat Book 68, page 45, Public Records of Pinellas County, \ Florida. \------- TIM Form 2420 This Commitment valid only if Schedule B is attached. A ,... "SCHEDULE B" FORM ~ FOR USE WITH COMMITMENT FOR TITLE INSURANCE FILE NO.' "11,510 I COM~ITMENT NO. F 190247 SCHEDULE B The following are the requirements to be complied with: 1. Payment of the full consideration to, or for the account of, the grantors or mortgagors, 2, Instrument(s) necessary to create the estate or interest to be insured must be properly executed, delivered and duly filed for record: (a) Deed to be executed by CHARLES O. UPDYKE AND MARJORIE L. UPDYKE, his wife, to CITY OF CLEARWATER, a municipal corporation, conveying caption property. (b) Satisfaction of that certain JUDGMENT AGAINST HERBERT SCHLEMAN in Instrument filed 6-30-71 in O. R. Book 3572, page 869, Public Records of Pinellas County, Florida, in the amount of $1,694,64. 3, Other instruments which must be properly executed, delivered and duly filed for record, and/or other mat- ters which must be furnished to the company: (a) Prior to the issuance of a Loan Policy hereunder, a copy of the Notice to Purchaser - Mortgagor Form, as required by the Insurance Commissioner of the State of Florida, must be properly executed and re- turned to the office issuing this Commitment (if applicable). 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 claims 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 covered by this Commitment. Rights or claims of parties in possession, Unrecorded easements, if any, on, above or below the surface; and any discrepancies or conflicts in boundary lines or shortage in area or encroachments, which a correct surveyor an inspection of the premises would disclose, Possible unfiled mechanics' and materialmen's liens. General or special taxes and assessments required to paid in the year subsequent years. 6. Subject to restrictiomin O. R. Book 3822, page 777, Public Records of Pinellas County, Florida. 7. Subject to a 5' drainage and Block 5, WOODVALLEY UNIT NO. Pinellas County, Florida. 1, 2, 3. 4. 5, 1980 and utility easement over the West side of all lots in 2, per Plat Book 68, page 45, Public Records of TIM Form 2421 A T If ~" i" ,,". If fi';:; ::.~' ""(i ,.'.,,! ',,' I.~' "," v' , I ; ~ I f , I ~ ,"" ~ ~ , ,. 'I." _!... ""... ...,.,...... f cv ,'( ; I '~~r t, ,) c' 1. I , " \' , \ I,' ..:r: I. .. I~ ~.." '-.J ') C" l'~ '1' ~ tI ~ n !. [J"r!;'lt'll\ !on o( CO'.'f'II"nUl llnd h1f;t 1')("\ h,,, jU"'Jc t~l ;,; 27th ti,l',' (It_-.1Y.1i~_, 1').11, by LDMontc-Sh l.,.,l~, r'J Ct>r !J{'PJ! " ;) n.~1;":,,I'" COr;:"H?:-~on, o\"'ne.:c' of all thc: right, tltl<r IHld In'.:r,"'t, l'uth l~';/.~l i>lldc;:4uitc,ble, i.n ond t<; '"tit! tvl.1o,...intJ dC~"JH.(," jJt'C!, Coun,t)' r f'lodda,' to-w'! ~I" '.:.;"; . <..;. ''iI' < , '_,:,:~J,",':._,i/~.',:) " _, .:"..,_:..;..,~' ~ "L ,I' .C . . ~': ~, ' - , ~~ ~1~~~i:';~:,:.,~l :'~:;.r'~' LtJt5 2 thru is tndpslv~; Block S'iJ.oU'D thtu22 tri,~'lu$fJe:"bd, 6; Lotll 1. t.hro to Blld .tot. 13 thra'~.~ inclt1shf'r,IHcck 7: Lots' 1 tllruH'1 .;<td lots U ,turu30 I;i<:llJ,l!(\I~. IUuc~"a.:AtLt"IDIn 2. .ccot'<ltnil tu m..;j4rpbt: tb.Hthlfrcu~rqt)dti'n'lat Book 6:a:.':Pu&'c~~,(Jtth'J l'ubl1c!l"eot'<i>t of Pi-~H.." Cl)unty.rlorid~.,.~.lAt 12, aiQc~6~'L~{a"JrA'nd H, IHoc~ ,; lA~lIl.l,~nd;12. lU.ock 8; Ll:Jta2.thJ'U':}4 inclu8tvc;~ 8~'oc.tt.:;':itob ~1.~ ~8. lltc<:'. lo;'tot!ll tbt'u 14, lUoclt V...' ALL UlllNlT 3; .<:l:ol'dln~to mapnl'~l.'lt th"a:,! r<Nt'd;.~ in \l,lt;>'...,,)'< 6!:l...p~~4Q oi th,,~bHc~~.~i'fd~ ,.t i'tnl!llll;; County, l'l"dd:, . W-OOQVA.tU:y 'S(;f!:Dil;~Slc.:i. ..,.' ' , " ('dy ill 'l.dl.~ .;.,:,,,- : "' --'~.," ",., ,,: ]~~~if~~f~i~;~~~TtiifE:;~~.:K' ~::':::.: t :~: .,. t:he,:;\lt.,l~:;';:;';t.h 'p'i&tl:c t'~:p~i'd'fi6'i';. s~llJi~TlIa 1 :; t;.t l:'l , 'iT:;i'm~~f~~f~;~~'~~~~J,~ ,;~~~~~~'.?rl.i' '~;~::(;~t~tf)~~~f1f~' " ' '. . .'{;;'j)~:. ,.,,,,!;,, Ii,' , -' ~ , '''''''"''''1 .t,;', 3.8:?"? ~:' lot O~ " t:" r i: . . .' t 3. l-lt.1 ~'.) lllr'0 ,,~~ d!.1" v.:.' co:. ,:J i... ~'t..:~: ?~!J r'r. ;:'-;)' p,u.c"l oSt. fI ('"",t of l<:!i than ~ "', !iQO.OO blSsed on C'03t l,:'/{:'! prevailing on tho date thsso covenants ere recor"ed, it bc~fHJ th~ inb'ntion and purpose of tho CClVQn<lnt to <):'lura th.J:" i111 c.....C'11in'i~ i:~IClll be of Zl quality of ....O:-hii'ltlSldp 0:'.:1 1~;.t'~rli'l;. tlub!;t;!..p,i<l11jl the same or better. than that which elln tx.' ptOc!t!CN! or: the (~.JlC :- .' "~::';-~\:'::~';_:"'" -i~~'"" . these coYeiHu)ta':.~~~recorcled at tho n:inimur. cost, stated herein , ,~;~(;~~*!J~~::.::: r-;: for th~~l;llinimum ~t~itted d"felling' s he. T'1'= q1'owd floor area " :_1'- - ._, >,::_,':?~,-,~,::.'~:::<';';:_:-".; .,,' .' of the ma.il) stru':ture. C,uCCllllilivo, 'Of one-!lte,::y 0,enp9r~hes ad , i.<'." ~ . '_ _ . \ \ ,"_ " : garages, 8hall,~'>1~tl,~8S than 750 s'qu;:l!:'e fcetfo.r:a. one-l!te;fy nvt leos,S than 600 Stll.i'are' f~(!t , ' shall be ,',.con5,t !"t'C '>."~ on. l'l"plC\t ha'.'i " (~<':;.'~>' ", 8q~~re fc~t; and &~ch plot one profClIS ion. 1 s1gn notlllora than t\oo i;.~) squauln'tiu.' advertidng the proparty for ule or rent, ~nd ~~ \oIlIill:U .uy it Dllilaer -to advcrtue ';ho ~C;)p..:~ty d;,jtt:;~ "i'1.~ <tJl 1.,. ~ """;., ,,,,1 . ;';',.....~ ,,' ~;;",.-t-<j~{;{~:' ") ;.,.<"~~:f:.:~t;~~~ii:~.~~~i;:; I, }5h;.:;;~lll~'~ft;ti~'-~~~I~;-:~~:~~f:~'~: ,.-' ~-/~- t~~'~ili:~:~t:t:k~;: .., -~... , ,...-. "': .(~~, i: ,.t,tZ ~ TltJ Nr, l\.t t'}I,'dl Ix. \\..t.(fflr"IHd,!~t:"'tr:'" IHi a d\'ptrC:j (;('(;';;;,5 ;:'_-f.r:~~~~:* ~;_ .;_::_ .. , 10. f~i. i'\ILb!!lll. '!'r,",h, ~,II"',~;, or tll:'~" 10.'",';',(' 1!.,111 f',(,t 1)(. )o;('i,e t'l('(,:'t in Ij~lllitc1ry C('rlt34ner.. At! 1tn:lll('l'LJtors or o~h,,:t wl'llpnqnt t", thl;t IStOl'/I'JC or diepo,.al 0.( 811r.:h ruter-lob ~hal1 be kept ill () cleli"" i,:.d s~nit"ry c0ndilion. - " ':11. ~~o chain .Hrl~ feoc<:t t,l'llll,l Le cr,jclud 0."1 Dny lot bo.- .', ~~,;, tweo n lh".:irOD ~~b~b4~M Up-o and thu, $ treo:: t. . ,:(;":~i:\,~c.;'~;\;i:; :q';'~' ;~~.17~:~;!:::!;f:~S~,,~~ 'Cor: ins ta~ ~.~!:lon lInd 1',"d~ tc:r'14HICC 0 t u t 11 it i.e s ~, ~ -,',< and dr,)inilg~> (~}:n.ttl~~,are real~~'\Ic;dGa'8howrlOnthe record",: plat. mat.er.ia ! at: Ji;;; J' , attemptin9 ~o vlobt*, .n~:!.\lch re,.,~ric:tion. .~tiier to prevent the. tJ:aIt '.Odo~:~ to recovor damago.. for aui:h violatior.a. ... -.. ..'" ~:~J8f!,:~~t:(.~ii~~~/~;;'*:~;'; -3- ; .!::~ - .;,~-..}; I ;.; " . I I kt ~;<'\:)>' f;i' 16. Invll11<.lntlon of un)' "nO or thCilt1 Cvv{~r,;lnt~ 1., j 1"'; r;'"._: n ~'. () I. court orOoL' "LiSl1 in 1'-<) wt";Q CrC,jC't llnj' c,~ t),,, at; l pi(,- vl~ion~ whi~h ~hell remain in full forco ~nJ ~{[cct. IN WITNESS \"'IIE~ECF. the pzirtyh<~ie to h<l" c."l II '!d th~f'(.: Pl'(','cnts to b.., executed in ilF. corporato name, by It: ')trL:-er~, dilly ;'Iuthori;:ed and itt corpcir<ltc f;cill to lie offi>:cd b:r'!:o. thi,s . 19.2:. .... . """' . ,..... M) . ,\'l' .' ........,..\I<:~ .. "-. "'.'?".~:~r~:1~~~~r~; ~, . "'>11' 1,'2: u"J m~itl..J ,. Ora,," s. ".d,,,;. t~Mpnte-Sh irnb-e r'J Cnr:porat ion J3i:~'0Z~_LL~~~'~r~'~~~ ;"M~ncJcll Shl.!':1b.'~r:;, Prc'-l~'-'.... . : '~:j ,j;, <:; --. ;.:, ~':t. . :'.:.::~''i::'1~: <b< . '::;.~;.,:t;{.'. <J'" . "',;;~'(:::i;..": ;.X~:./~<,~~~ ,\"."."" ' " _,""'-11 . StIlt offtlrlllll bitt". .,~~_11." :", ........... .. ~t.1 l.'w ~""":""-..!~Jf. ...,.....; r;;.' t1 \~ , .. - .-.... i Q; ,.:- I -l 1... r ~~: 0 i ~ =e t.. \ ~\. ~ o~ ./g/. .:~:.(,. 't ..'...... """to ......--:;..\, ~... ,..l..... "" 5.1(\\ ........ .............~i'UI'fl.V .' -4- 'ii.r ':;'~'I ~ ..h,' fI''' ~ ~ !' t i i. ~ ;'~', '-:,'A,_j,. . ~ ";~.(J~:,;;k ;~' 'i',~; i;,; _1'~,,;:~~ q ;:)'~, .~; ...::~~ "'':; ""~f:1 ' ''"'11I - ,~ I I CITY OF CLEARWATER NOTE KNOW ALL MEN BY THESE PRESENTS that the CITY OF CLEARWATER, FLORIDA, (hereinafter called IICityll) for value received, hereby promises to pay to the holder of this Note, from legally available general fund non ad valorem revenues the principal sum of FOR TY -SIX THOUSAND NINE HUNDRED FIFTY -SIX DOLLARS ($46,956.00), interest thereon from the date hereof at the rate of eight per centum (8%) per annum on the unpaid principal balance, such interest to the maturity hereof being payable semi-annually on October 1 and April 1 of each year commencing April 1, 1981, and ending October 1, 1984. Principal and interest on this Note shall be due and payable in lawful money of the United States of America at the City Treasurer's Office, City of Clearwater, 112 S. Osceola Avenue, P. O. Box 4748, Clearwater, Florida 33518. This Note is a single authorized obligation in the amount of $46,956.00 issued to finance the cost of the acquisition of the 3.01 acre UPDYKE Tract to improve the parks and recreation system of the City under the authority of and in full compliance with the Constitution and Statutes of the State of Florida, including Section 2-81 of the Code of Ordinances of the City of Clearwater, Florida, Chapter 166, Part II, Florida Statutes, and other applicable provisions of law and an Ordinance duly enacted by the City Commission of the City of Clearwater on the 18th day of September, 1980, and is subject to all the terms and conditions of such Ordinance. This Note may be redeemed at any time prior to maturity, at the option of the Issuer, in whole at par plus accrued interest to the redemption date upon at least thirty (30) days prior notice published in a newspaper of general circulation in the City of Clearwater. This Note does not constitute an indebtedness of the City within the meaning of any constitutional or statutory provision of limitation of indebtedness and it is expressly agreed by the holder of this Note th.at -1- I I such holder shall never have the right to require or compel the exerClse of the ad valorem taxing power of the City for the payxnent of the principal of and interest on this Note. It is further agreed between the City and the holder of this Note that this Note and the obligation it establishes shall not constitute a lien upon the Project, or any part thereof, or on any other property of or in the City, but shall be payable from legally available general fund non ad valorem revenues in the manner provided in the Ordinance. The City agr ees to always maintain sufficient funds in the designated fund as will always provide revenue sufficient to payout of such fund as each installment becomes due, the principal and interest of this Note. The agreement to pay from the non ad valorem revenues described by the City under the Ordinance may be discharged at or prior to the maturity or redemption of the Note upon the making of provision for payment thereof on the terms and conditions set forth in the Ordinance. All acts, conditions and things required to exist, to happen, and to be performed precedent to and in the issuance of this Note, exist, have happened, and have been performed in regular and due form and time as required by the laws and Constitution of the State of Florida applicable thereto, and the issuance of this Note does not violate any constitutional, statutory or ordinance limitation or provision. Prior to any sale, assignment, pledge or any other form of transfer of this Note by the sellers to any person, the City of Clearwater shall be provided ten (10) days prior notice of such contemplated sale, as signment, pledge or any other form of transfer. Such notice shall include the name of the person or persons to whom the note is being transferred and their address. The notice required herein shall be provided to the Office of the City Treasurer, 112 S. Osceola Avenue, PO Box 4748, Clearwater, Florida 33518. This Note shall have all the qualities and incidents of a negotiable instrwnent under the law merchant and the laws of the State of Florida. -2- II ~ .0 .. "/4 .. I I IN WITNESS WHEREOF, the City of Clearwater, Florida, has issued this Note and has caused the same to be signed by its City Manager, countersigned by its Mayor-Commissioner, and the corporate seal to be 'affixed and attested by its City Clerk, all as of the 23rd day of October , 1980. CITY OF CLEARWATER, FLORIDA Countersigned: /s/ Charles F. LeCher Mayor- Commis sioner By / s/ Jeffrey E. Butler Acting City Manager Attest: Approved as to form and correctness: / s/ Thomas A. B'ustin City Attorney / s/ Lucille Williams City Clerk - 3- ~' ~, I I CITY OF CLEAR WATER CITY HALL - P. O. Box 4748 CLEARWATER, FLORIDA 33518 AFFIDA VIT OF NO LIENS STATE OF FLORIDA ) , COUNTY OF PINELLAS) Before me, the undersigned authority, personally appeared CHARLES O. UPDYKE and MARJORIE L. UPDYKE, his wife, who, being first duly sworn, depose and say 1. That they are the owner s of the following described property in Pinellas County, Florida, to wit: As descrih ed in Exhibit A attached her'eto and made a part hereof. 2. That said property is now in possession of the record owner . 3. That there has been no labor performed or materials furnished on said property within the past ninety (90) days for which there are unpaid bills for labor or materials against said property. 4. That there are no liens or encwnbrances of any nature affecting the title to the property heJ;'einbefore described. 5. That it is hereby warranted that no notice has been received of any public hearing regarding assessments for improvements by any govern- ment 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 he.r-ein are for the purpose of inducing the City of Clearwater, Florida to purchase the above-described property. ~@ / ,~ ch~~~f ~~1:.~::.?ytj;L / Sworn to and subscribed befor.e me this J.-?l~ day of Octobp.r ' 19.,lliL. My Commission Expires: 0., Notary Public, State oJ Florida at Large 'My Commission Expires Aug. 1, 1982 BonrtAA Bv .A"'..:....... ,; 1 , (lIlIlll, ,_.. .....11,. ary Public . ...-' I I ..... A part of the NW 1/4 of Section 8, Township 29 South, Range 16 East,Pinellas County, Florida, being further described as follows: From the SW corner of Woodvalley Unit No. 2 Subdivision, as recorded in Plat Book 68, page 45, Public Records of Pinellas County, Florida, run thence N 1011'31" E along the West boundary of said Woodvalley Unit No.2, 60.55 feet to the North property line of the City of Clearwater and the P. O. B. ; thence continue N 1011'31" E, along said West boundary of Woodvalley Unit No.2, 520.0 feet; thence West 260.0 feet; thence S Pll'31" W, 479.38 feet; thence S 81005'39" E, 262. 32 feet to the P. O. B. EXHIBIT A ai' I I LETTER OF UNDERSTANDING The undersigned, Sellers of the following described tract of land, submit the following agreement relating to the sale of such property and the taxes due on such property: A part of the NW 1/4 of Section 8, Township 29 South, Range 16 East, Pinellas County, Florida, being further described as follows: From the SW corner of Woodvalley Unit No. 2 Subdivision, as recorded in Plat Book 68, page 45, Public Records of Pinellas County, Florida, run thence N 1011131" E along the West boundary of said Woodvalley Unit No.2, 60.55 feet to the North property line of the City of Clearwater and the P. O. B. ; thence continue N 1011'31" E, along said West boundary of Woodvalley Unit No.2, 520. 0 feet; thence West 260.0 feet; thence S 1011'3111 W, 479.38 feet; thence S 81005'39" E, 262. 32 feet to the P. O. B. (l) Sellers ackno'1{ledge that they have an obligation to pay alJ. real property taxes due on the property up to the date of closing, namelY; October 23, 1980. (2) Sellers understand that the amount of such tax will not be fully known until after the closing. (3) Sellers desire to clos e on such sale with such tax to be paid at a later date. (4) Sellers agree to remit the full amount due as soon as the Property Appraiser determines what such tax will be following property re-evaluation now being completed. (5) Should Sellers fail to promptly remit such tax upon recelvmg notice of the same, then, City shall have the right to deduct the amount of such tax from any payment due on the Note provided to Sellers. Such action by the City shall not constitute a default of the Note or result in any change. EXECUTED this ~ day of October, 1980. By- <<7~' ~~red~ ~dif~u~~1J~ rjorie L. U 'yk / r~/ \ I t CLOSING STATEMENT Clearwater, Florida October 23, 1980 , Seller: Charles O. Updyke and Marjorie L. Updyke Purchaser: City of Clearwater, Florida Property Description: Part of NW 1/4 of Section 8- 29 -16 Credits to Seller: Sales Price $58,695.00 Credits to Purchaser: City of Clearwater Note $46,956.00 Cash to Close 11,739.00 $58,695.00 $58,695.00 Costs to Purchaser: Docurn.entary Stamps on Deed $234.80 Century Title &: Abstract 251.00 c .I. \.. ..- ,'" '-\-' " ( '", '- ,:\( " ' '\. ,'~,-,,<" (: v...J ') ",..... 'I..' ,-.,c ,( (. ',r'": ( t' ....... - ... I I" O.R, 5 09 6 PAGE 360 STATE OF FLORIDA ss: COUNTY OF PINELLAS Before me personally appeared Charles O. Updyke and Marjorie L. Updyke, his wife, to me well known and known to me to be the individual s des cribed executed the foregoing instrument and acknowledged before me that executed the same for the purposes therein expressed. WITNESS my hand and officia:.l seal this d?/,d- day of ~ A. D. 19~. in and who they ~ ~ . , . c(, ,i:'.c_ otary Public", ,'.< - " My Commission Expires: .' '" J ;- Notary Public, State of Florida at br.. My Commission Expires Aug. 1. 1982 L. Icnded By American Fire & Casualty Company, j. 4 ~ .: (., '~