PENNWOOD INCORPORATED
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,I'OFORM 1123 FLORIDA warran,y.romacorp,) I U I . Tuttle LawPnnt;Publishers.Rutland,Vt:
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Made this 9th day 01 March , A. D. 19 71 ,
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ittwtttt PENNVJOUD, Ihe.,
a corporation existint under the laws of the State of Florida
havinl its principal place of business in the Oounty of Pinellas
State of Flori da party of the first part, and
CITY OF 9LtliiN.ii'I'~R, F'LOhIlJA; a Municipal Corporation; vJhose mailing
address 1S; P. u. Box 474$'- Clearwater
,
and
of the Oountyof Pinellas and State of Florida
part of the second part,
)litt1tll!lttq'1'~t the said party of the first part, f07 and in consideration of
the sum of..... TEN.'l.I\;D NO/loa................................ .Dollars,
to it in hand paid, the receipt whereof i8 hereby acknowledled, has Iranted, bar-
tained, sold, aliened, remised, released, conveyed and confirmed, ana by these
presents doth trant, bartain, sell, alien, remise, release, convey and confirm unto
the said part of the second part, and it's succeS'sors heirs and a8silns
forever, all that certain parcel of landlyinl and beinl in the Oounty of. . . . . . .
Pinellas. . . . .. . . . . .and State of Florida, more particularly described as follows:
The East half (E~) of the ~orth half (N~) of
the Southeast Quarter (S.c...) of the Southwest
Quarter (SW4:) of SECTIuN 9, TOdN,:>HIP 29 SGUTH,
rt.iiI.:Gb 16 BAST; Les~) and except a l2~ foot strip
along the North edge of said property, \oIlhich is
reserved for the use of the general public as
a road.
This conveyance is made subject to taxes for t he year 1971 Elnd
subsequent years. Thisconveyanc.e is also subject to that certain
1\/10 rt g::1.g e in favor of F. [-1. Tenny and Eva W. Tenny, his I^fif e; da. ted
February 11, 1967 and filed for record in u.n. 2552, Pas';e 522 of
the public records of Pinellas County, Florida. The purchaser
herein assumes ,. the present unpaid balance due on said Mortgage in
the a~ount of ~9,792.75.
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:. LASCO FI'
:Uh1i:,' !'1UI..LEHooi~~Pl~'
Wn!ltlqtr with all the tenements, hereat7XC1YtA"-ts and appurtenances, with
every pnvilele, ritht, title, interest and estate, reversion, remainder and easement
thereto b~lonlint or in anywise appertaininl:
Wn 3Jluue uub tn.3Jlnlb the same in fee simple forever.
And the said party:Of:Jhe first part doth covenant with the said part y of
the second part tJu:sJit is liipJfully seized of the said premises; that they are free
of aU ,incumbrances,\~'nd t1i4,t it has lood rilht and lawful authority to sell the
>8athj{;,~di,,"t"4f!-8a.id_pa.~Wol'l{'fte.ftr~llP,r1.4Q,e~,l.!fJ.!f3._12Y-t~~~Y_,J!!f!1'}'_a.7J'.P the, title to, said , '..
i-'~~ ".. ;el~7!d ~~,~~tJJe atainst the lawful claims of all persons w7~om8ijeve7:--"'--
," ". /;);('.31tt,'jitUt55 )lqtrtnf. the said party of the first part has
" " o caused these presents to be silned in its name by its President,
'::J:~.." , . " : c.'and its corporate seal to be afltxed, attested by its
:,e'ea1fiqra.t8.. , S e c r e ta ry the day and year above written.
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President.
This Instrument Was Prepared By
J. R. LIVINGSTON, OF
PINELLAS COUNTY TITLE COMPA!\!y
641 Court Street - Clearwater, :flonda
as a necessary incident to t~e f~lf111ment
of conditions containe?- in a tltle, msur;Jnce
commitment Issued by It. / d... 0 4- 5~(j~~ J?-.
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n.t 3501 P.~8t 881
C!!ounty of FINELLAS
11 3Jlrrrby C!!rrttfy That on this 9th day of March A, D. 197 1 ,
before me personally appeared Russell A. Brown and
Jean E. BroV'{n" " ",' President and Secretary
respectively of P EM'{JVUO D , IN C . , , a corporation
under the laws of the State of Florida , to me known to be the
persons-described in and who executed the fore~oin~ conveyance to
, / CITY <;W. CLEAHW.,TEH, l:'LOHIDA;
/ ' a Ivlun~c~pal Corporat~on
and severaUy acknowled~ed the execution thereof to be their free act and deed as
such' officers, for the uses and purposes therein mentioned; and that they affixed
thereto the official seal of said corporation, and the said instrument is the act and
deed of said corporation.
1!lIIttnr!i11 my sitnature and official seal at Clearwater
in the County of Pinellas and State of Florida, the day and
year last aforesaid.
;'~';~i:rJJjy'~ ommission Expires
';,,":~~r;;;~~' "';~":;:~~::':~;'~:~~'f'
'1;[' ":~iliY,'1BtlC. STATE OF
~',.,..,'" : i,Ofol RSi~~N EXPI'RES ~~~}~'DA AT LA"Mi.
':'f ,-' _, H f:RED W D' Il, 1971
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No"Mry Pz"blic "
= STATE OF FLORIDAI
:,.. co DO CUM E NT ^ R Y /g' S TAM P T A X I
~~ r- == COMPTROLLER '-;~o, I
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co STATE OF F'LORIDAI
III co DOCUMENTARY STAMP TAX,\
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AFFIDAVIT OF NO LIENS
STATE OF FLOhIDA
COUNTY OF PIr~111i1.3
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Before me, the undersigned authority, personally appeared
P1NNWOOD, INC., a Florida Corporation
who, being first duly sworn, depose and say:
1. That
County, Florida:
the owner(s) of the following described property located in Pinellas
The East half (E~') of the, North half (N~) of
the Southeast Quarter (SE-i;:) of the Southwest
Quarter (SW::';) of SECTION 9, T0V.J.NSHIf 29 SOUTH
HANGh 16 EA5T; Less and except a 12~ foot strip
along the North edge of said rroperty, which is
reserved for the use of thecseneral public as
a road.
2. That said property is now in possession of the record owner(s).
3. That there has been no labor performed or materials furnished on said property within the
past three months for which there are unpaid bills for labor or material against said property; and
that there are no claims whatsoever of any kind or description against said premises for which liens
could be filed according to the statutes in such cases made and provided.
4. That they hereby warrant that they have received no notice of any public hearing regarding
assessments for improvements by any Government within the past three months, and that there are
no unpaid assessments or liens against the above property for improvements thereto by any Government,
whether or not said assessments appear of record.
5. That there is no outstanding unrecorded contract of sale, deed, conveyance or mortgage affecting
the title to said property.
6. This representation is made under oath for the purpose of inducing
CITY OF CLEAW;'li.TER, FLORIDA; a gunicipal Corporat ion ..::
to purchase the above described property.
.P....ENN1iO 00.,_ _1l\LC.......,._ __ h_ _ __ ___ __ (SEAL)
BY:
Subscribed and sworn to before me this
9th day of March, 1971.
(SEAL)
~~c4d?~--
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My.commission expires:
NOTARV'I'UBU;;. STATE, G,F tLt:~~.'DA A1l~:~f
MY COIvI,';\ISSION EXPiRt:5 S~.... I 0"."
'30NDl::O ~MROUOH FRED W. Qn::ufltLH
(SEAL)
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CLOSING STATEMENT
Clearwater, E'lorida
March 9, 1971
Seller: Pennwood, Inc.
Purchaser: City of Clearwater, Florida
Property Description:E 1/2 of N 1/2 of SE 1/4 of SW 1/4 of Sec.
9-29-16 1es s North 12 -1 /2 feet thereof for road
Credits to Selle!':
Sales Price
$50,000.00
Credits to Purchaser:
Deposit with contract
1st Mortgage to be assumed
Interest on Mtg. to 6-5-71
Selle r r S s ha r e of taxe s
Cash to close
$2,000.00
9,792.75
182.56
44.72
37,979.97
$50,000.00
$50,000.00
Costs to Purchaser:
Documentary Stamps:
State
Sur-tax
$150.00
55.00
Recording Deed
$205.00
6.00
$211.00
.....
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AGREEMENT FOR PURCHASE
AND SALE OF REAL ESTATE
II #day of
THIS AGREEMENT, made and entered into this
c.--/r~ ' A.D. 1970, by and between RUSSELLA. BROWN
and JEAN E. BROWN, his wife, hereinafter referred toas Seller, and
the CITY OF CLEARWATER, FLORIDA, a municipal corporation, hereinafter
referred to as Purchase.
WITNESSETH: That in consideration of the payments and covenants
herein provided, and other good and valuable considerations, Seller agrees
to sell and Purchaser agrees to buy the following described real estate
situate in Pinellas County, Florida, to wit:
East 1/2 of North 1/2 of Southeast 1/4 of Southwest 1/4
of Section 9, Township 29 South, Range 16 East, Pinellas
County, Florida.
The total purchase price for said property shall be the sum of
$50,000.00, payable at the times and in the manner following:
$2,000.00 cash to be paid upon execution of this agreement, receipt
of which is hereby acknowledged, and the balance of $48,000.00 upon closing,
which shall be on or before January 29, 1971.
IN CONSIDERA TION WHEREOF, Seller agrees to convey said property
to said Purchaser by good and sufficient Warranty Deed, with a fee simple,
marketable title, free and clear of all encumbrances of record. The City
will bear cost of tax stamps.
Seller shall give to Purchaser within fifteen (IS) days, an abstract
of title or title insurance, certified to the date of this Agreement or later,
evidencing a good record unencumbered title. Purchaser shall have fifteen
(lS) days after delivery of abstract or title insurance commitment for
examination and acceptance thereof, and/or to notify Seller, in writing, of
any objections to said title. If no notification is received by Seller within
said time, then said title shall be conclusively deemed to be acceptable to
Purchaser. In event Seller IS title is not good and marketable of record,
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they shall have a reasonable time thereafter to perfect same, and if such
defects are not cured within such reasonable time, then Purchaser may demand
the return of all earnest monies paid by it and cancel this contract, or waive
the defects and accept the property without dedicution on account of said
defects. If Purchaser shall default under this contract, the earnest money
deposit shall be retained by Seller in lieu of liquidated damages and/ or as
rental for the premises.
Taxes for 1970 and prior years shall be paid by Seller, and taxes for
1971 shall be prorated as of date of delivery of possession.
The City shall accept this agreement on or before September 11,
1970.
The City recognizes Bruce Taylor, Inc. as Broker or Agent for the
Seller in this transaction.
This Agreement shall be binding on the respective heirs, executors,
administrators, successors and assigns of the parties.
IN WITNESS WHEREOF, the parties hereto have set their hands and
seals, the day and year first above written.
Signed, sealed and delivered in
the presence of:
?u(SEA L)
&P~~,iJ~
~A:.cJt4~ to (?~~~N-4 .
to Seller
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SE LLER
CITY OF CLEARWATER,
FLORIDA
BY_~~
~ City Manager
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' . Title & Trust Com any of Florida-No.
, American Land Titre Association Owner's , " - Standard Form A - 1962
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FE - 179973
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';~~~~~r$~~'~~;~:;;:~~~~,~i~\{;f;~;;i':11rJ;:;[,~~i::;;;,~.';~~i?i~';~;:(;":' '
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ereby in
ule A, xis 'ng at the date hereof, not shown or
or in the Conditions
IN WITNESS WHEREOF, Title & Trust Company of Florida has caused its corporate name and seal
to be hereunto affixed and this policy signed by two of its duly authorized officers in facsimile,
mitlr & mrust Gtompang of 1JflDriba
~#~~.
(Not valid unless countersigned)
/vLu#k
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(Facsimile)
Secretary
PINELLAS COUNTY TITLE COMPANY
~02-""4~ ~
thori d Signature - -- _-President CO t. tL. 0
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SCHEDULE A
NO. FE 179 9 73 DATE
Maroh 12 J 1971
AMOUNT $ 50,000.00
INSURED
CITY OF CLgARWATE!~. FLORIDA.
a Hunlcipal Corpot'at.10n
1. The estate or interest in the land described or referred to in this schedule covered by this policy
i5:
FEE SIMPLE
""
2. Title to the estate or interest covered by this policy at the date hereof is vested in the Insured.
WARRANTY DEED troll PeDDVOOd, Ino_, a oor~ratlon exieting under the
law8 of 'the State ot Florida, -to- City ot clearwat.,rl Florida.I..._
gunio1pal Corporation whosemailingaddre..laIP. o. Box "7~.
Clearwater, Florida, !ated Maroh 9. 1971 and filed tor record March
12 . 1971! as Inot1"WDeot 1171027369. 1n the office ot tne Clerk ot the
Circuit [;ou~ 1n and for P1nellas County, Flonda. '
, (No1;e: $150.00 State Documentary Stamps and t55.oo State
Sur Tax Stupe.t~ched and oancelled.)
3. The land referred to in this Policy is situated in the County of Pinella.
State of Florida, and is described as follows:
The East Halt (E2) ot the North Half (Ii)
ot the Southeast Quartel' (SEt) of the
Southwest Quarter (sWl) ot SECfION 9, TOWN-
SHIP 29 SOUTH. RANGE 16 EAST ; Lhe and exoept
a 12i toot strip along the North edge of aald
'propertt1.-whicb1$ reserved tor'tbauaeot ,
the general public 85 a road.
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SCHEDULE B
This policy does not insure against Ibss or damage by reason of the following:
1.
POGsible ROro.O"".. overlaps, defioienoy in quantc1ty of
gl'Ound or other ut_era not ot recorel wb10h ., be elisclosed
by an accurate survey anel personal inspeotion ot the premises.
2. R1ghta or cla1ma ot partt.. in poaa e.s ion or the premia.. not
aho1m by the pm110 J'ecorela.
). Any UDJ"Ceordecl 11.. or risbt to a 11 en" l1r&p08e4 by 1." J tor
labor, _t.rial or ..rY10.. fum1ahedto tIM property.
It. Taxea tor tbe ,....1971, ancl any tax.. or &88.....t8 leV1ect
OJ" aGae..ed subsequent to the date of thi.policy.
S. MORTGAGE troa Pbllbert. A. Cu.mow and Jan.' M. Cumow.h1a wit.,
-to- F. M.. Teml7 and Eft V.. Tennr. hi. wite! dat..s February
II 1967 and tiled tor "cord February 23 967. aa Inatl'UMnt
16~ 1'28', reoord" 1n Official Recora 2,b, Pag_ 522 1n the
office ot the Olerk ot the Clrou1t 00\&1'\ in and tor pInellas
Oo~y J Florida.
_ .. ~_ ; ...:.a .. '
cb 3-29-71
CONDITIONS AND STIPULATIONS
1. Deflnitlon of Terms
The followIng terms when used In this policy mean:
(3) "land": the land described, specifically or by reference, In Schedule A and
Improvements affixed thereto which by law constitute real property;
(b) "publIc records": those records which impart constructive notice of matters
relating to said land;
(c) "knowledge": actual knowledge, not constructive knowledge or notice which
may be Imputed to the Insured by reason of any pubIlc records: and
(d) "date": the effective date.
2. Exclusions from the Coyerage of this Policy
This policy does not insure against loss or damage by reason of the following:
(a) The refusal of any person to purchase. lease or lend money on the estate or
Interest covered hereby in the land described in Schedule A.
bulldiJ~) an~nioAt;g ~~~i~:~~~s)r r~t~1~n~:n~~1 r~~~y~U~~n oVn~~~gH~rti~~t t~~t oIJ~~:~c~~
use or enjoyment of the land. or regulating the character, dImensions. or location of any
~V;i~r~~e~~~Ju~t~nO~nh~~~a~1~e~sl~~sd oOrna~~~d ~~~driyofofrg~~~~~~f ~fsl~aJ.ation In owner-
(c) Governmental rIghts of pollee power or eminent domain unless notice of the
exercise of such rights appears In the public records at the date hereof.
(d) Title to any property beyond the lInes of the la,nd expressly described or
referred to In Schedule A. or title to areas within or rights or easements in any abutting
~~ri~tJ' f~g~ssa~der:id' i~a~~~'e~~y~;>~~aI~~:;1~~ (~~g~f:I~~st~~ ~~f:n~lrc~).igohrt ~e a~f~
i~ssmf~rsta~~II~hyer:~cit1~~fry ~~~~f~~s rf~fs S~~h a~hl~st,h~fg~~u~~r:a~m~~f:o:~m~~ur~~:
other :i~tte~:f(ffScr~~~sd. ~~t~~:J~~~~~~ve~~e a~~~s t~,,~n~e tris~~~13; ~sr 1/2~u~~~:~
~~t;~: ~~s~rii~reesiihi~s~:e~htyd~~ISOfp~rl~y P~~I~y n~i ~~~~~ dba;e t~~C~uI~~r~~~;3^s~Ir~~Ie'i~
dIsclosure thereof in writing b~ the Insured shall have been made to the Com pan v prior
~~e~~~dd~~eb~~q~hel~tPf~l~h~ ~~t~ )h~~~~}~lng In no loss to the Insured; or (4) attachIng or
-~- - (f)- Lof,s or damage_ which would not have been sustain-e-d -it the Insured were a
purchaser for value without knOWledge.
3. Defense and Prosecution of ActIons - Notice of Claim to be Given by the Insured
(a) The- Company. ,at Its own cost and witho'ut undue delay, shall provide for the
~:~1~~f f~e tr:-:S~~~d~e~h\~h aHtt~~fi~~o~ ~g~~i~~~gu o~n a~t~e~~e~~ lf~~c~~d~~~~rii~~~~~ci~~
sured against by this polley, and may pursue such fltigatIon to final determination In the
court of last resort.
(b) In case any such action or proceedIng shall be begun, or defense Interposed,
~~J~i:s:o kr~:\1?~e ::i~s~~~~ tgr t~hf~~u~~h'l ~~~s~l,~~s O~rtl~~: ~n\~;s~h'i~~Cht~:
Company shall or may be liable by virtue of this polley. the Insure~ shall notify the
Company thereo.f in writing. If such notice shall not be given to the Company within ten
?:y~o~ff~h~h~e~~~p~fn~r~~e~~~r !elf~~1~nl~:no~if :~~u~~~~~e sf~~~~J' i~ai;;tti~~ i~~o~~li
~~m~c\O ~~~t~~~fl:~c\e ~tt~i, IpnrSo~~~~'i~~e~r a1l.iftebrll~~lyf~~:e C~~P~~\~a~~~a~~O~~d~~~
however, that failure to notify shall in no case prejudice the claim of anv Insured unless
~~~hc~~~~arc:.hall be actually prejudiced by such taHure and then only'to the extent of
(c) The Company shall have the right at its own cost to Institute and prosecute
~~iir~~l~~oo~s~~gfrshdlt~~ iltl~o a~nrnsoJ~eeJ; a~~dwr~~hCbnm~:n1~~; ti:: ~y n:~~~~a;~a~~
:~~Wnn~t"~h~r~~~ ~e;n~~d~fl!~~~lif~l~ci w~?;~h:~yO~r~~lsl~nS~~lih?: J~'PJ;. thereunder and
(d) In all cases where this polley permits or requires the Comyany to prosecute
~fg~~O~~d:o f~~~~e~~te:e~:ep~~v~~~ ~~~~on~eOtrfrs~ce~di~fio~h~rI~~~~~~d~~~,l ~~ur:ll t~J~e~i
therein, and perml~, it to use, at Its option, the name of the Insured for such purpose.
Whenever requester... ',lY the Company the Insured shall give the Company all reasonable
aid In any such action no proceeding, In effecting settlement, securIng evidence, obtain-
ing witnesses, or proseclling or defendIng such action or proceeding, and the Company
shall reimburse the Insured for any expense so Incurred.
4. Notice of Loss - LImItatIon of Action
In addition to the notices required under paragraph 3(b), a statement In wrIting of
any loss or damage for which It Is claImed the Company Is liable under this fOIlCY shaH
~:t~~~nl~~~d a~od t~~ 'i.~~tftagr :dil~t;; :~~W ~~~:u:f~~r :~ihI~~~r~J ~~W:rgeu~~alpo~~~~ ~~n
~~~tby d~fi: t~~~~e~u~~d~t:\ehrrse~toll~:l~gl~~: ~~t~gn f~h~lfh~, c~~~~ric:~~~:~:O~h:lAh~
~~v~o~:a~: d~~~:e~Pb~aVg~oo~~~~ceth~~~t ~~riO~er~~thl~a~~~r~l~oe fi:~~~r~~~ocfe sst~m:~~
~~n~y~e a conclusive bar against maIntenance by the Insured of any action under this
5. Option to Pay, Settle or Compromise Claims
The Company shall have the option to payor settle or compromise for or in the name
of the Insured any claim insured agaInst or to pay the full amount of this polley and
~~~~ef~{s~~\Ii: d6:ri~e:n~fIl~bIr:~~d tg:~~~~de~lig p"i1~, cs~iri t~i~~~:r:' a{le~fa~nl~y e~i
the Company hereunder.
6. Payment of Loss
(a) The l1abllity of the Company under this polley shall In no case exceed. In
all, the actual loss of the Insured and costs and attorneys' fees which the Company may
be obligated hereunder to pay.
all cos\~) i~~~:e~o~~~nlh:,I}~~~~dl~nari~:~~~Wo~o ~ar::.~i~~s~~~~r~~ea~~I~sta~~ ~~~s t~~lI~~:
sured, and all costs and attorneys' fees in litigation carried on by the fnsured with the
written authorization of the Company.
(c) No claim for damages shall arise or be maIntaInable under this policy (1) If
the Company, after having received notice of an alleged defect, lien or encumbrance not
excepted or excluded herein removes such de-feet, lien or encumbrance withIn a reason-
able time after receipt of such notice; or (2) for lIab1l1ty voluntarily assumed by the
Insured In settling any claim or suIt without written consent of the Company.
fees aA~) exA~ln~e~~~~~}r r~~~~~ ~~~s ~~~~t .6fc~~; fn~~~:~: ~~dia~~g ;~~tsilO a~~~~:~~
shall be maSe without producing this policy for endorsement of such payment unless the
polley be lost or destroyed. In which case proof of such loss or destruction shall be fur-
nIshed to the satisfaction of the Company.
(e) When liability has been definitely fixed in accordance with the conditions of
this policy the loss or damage shall be payable within thirty days thereafter.
7. Llablllty Noncumulative
It 15 expressly understood that the amount of this polley is reduced by any amount
the Company may pay under any polley Insuring the validltr or priority of any mortgage
or deed of trust shown or referred to In Schedule B hereo or any mortgale or deed of
~~:~r~~r~gf:~r s~':t~~~~d 1.y a~3l~:~~~:n~I~ ~ard c~~~fte ~r J~~~~ ih~i~en~e~~r~t~dI~~
lured under this polley.
8. Coinsurance and Apportionment
(a) In the event that a partial loss occurs after the Insured makes an Improve..
ment subsequent to the date of this polley, and only In that event, the Insured become.
s coinsurer to the extent hereinafter set forth.
It the cost of the Improvement exceeds twenty per centum of the amount ot this
P~~~Yas s~~~ l~riS~~J_I~~e~~;r ~~ :e~uf:~t_!~~.~~~~!~prgl:~~Yc~,\~gr:1obrh~~:~0~i
fhe'amount-ot-thIS POllCy-'aneF the amoun~ expen(ted~r~e-nnp'rovemen[ Therore-golng
provisIons shall not apply to costs and attorneys' fees incurred by the Company In
prosecuting or providing for the defense of actions or proceedings In behalf of the In-
sured pursuant to the terms of this polley or to costs imposed on the Insured In such
actions or proceedings. and shall apply only to that portion of losses which exceed In the
aggregate ten per cent of the face of the polley.
ProvIded, however, that the foregoing coinsurance provisions shall not aEPly to any
~O:t~ ~/sig~ o~tll~~ ~J~e~~~ ~~~u~~~~ci~ f~~h:d~~UI~~t:~l~~:v'~e'dh!~~t~:r~~~~~~otl~~
surance prov~lons shall not apply to any loss If, at the time of the occurrence of such
loss. the then value of the premises, as so improved, does not exceed one hundred twenty
per centum of the amount of this polley.
(b) It the land described or referred to In Schedule A Is divisible Into separate
and noncontiguous parcels. or if contiguous and such parcels are not used as one sln~e
-~~~~' S~~1l \elo~ci~s U~:~~~dhes~tii~~~i~ga o;reo ~~t~o~:SI~f a:all~ f~:c~i~e b~~o~oJt a~~, thl:
polley was divid~ pro rata as to the value on the date of this policy of each separate
Independent parcel to the whole. exclusive of any improvements made subsequent to the
date of this ~llcy. unless a liablllth or value has otherwise been agreed upon as to each
:~~h s~~~~l bI at~ee;g~~sa~fare~e~t eh~~~f~egr a~/~~ t~~30~fe~~ilS:~t~~1~J>fh~~~~0~OllCY
9. Subrogation upon Payment or Settlement
Whenever the Company shall have settled a claim under this yollcy, all right of s'ub-
~~~~~~~t:~~~ ~~~ ~ ~~et1fl~w~~n~llu~~~I~ti~l~e~ldr:st ~1}:: t~:U{~~ur:~d~~~~a~ae~
had against any person or property In respect to such claim had this polley not been
Issued. If the payment does not cover the loss of the Insured, the Company shall be
subrogated to such rIghts and remedies In the proportion which said payment bears to
the amount of said loss. It loss should result from any act of the Insured, such act shall
not void this polley, but the Company, In that event. shall be required to pay only that
r:rt~~f caorzp~~~t;n:~::gn a~rl~~ r~~~~~~~~t~:crh:h:l~h~x~~e~ut~~gaarn~~~\,~~ ~~u~~~~
If requested by the Company, shall transfer to the Company all rl:hhts and remedies
:~~I~~aftn~e~~rto~h~r ~~~~:~~ ~:~~ar~~n n~~:r o~o tg:ri~~~:~~hl~i~n~ Ofr:~~:gt,~~lo~r
litigation Involving such rights or remedies.
10. Policy Entire Contract
Any action or actions or rights of action that the Insured may have or may brina
~~atI::t ~~vI~ro~~~l t~r~s~'ig:t of the status of the title Insured herein must be base
No provision or condition of thIs polley can be waived or changed exc~t by writing
~~~~:::~, h:~e~s~~~~ta~~~tat;;;e~~ ~lK~re~affdatr~g ~~~r~:in~f rheV~~mp~~~.dent, the
11. Notices, Where Sent
to A~ ~:A~:~e~e~~~r~~~~a~y ~ih:n ~ea~3~~:err t~~~ :tn~~~e~~~s~l~ S'f~,lt}~~k~~~~if~~
Florida.
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