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NEW PLAN EXCEL REALTY TRUST INC (2) ~: :; ~\1 C . _.~-~_1-_,-_2~~__ ";'J ~~ ,3J.X~.i. /0 02-~~44 SPT- 18-2002 4: 20IDM PIN~S CO 8K 12227 PO 2424 I 111m U1~ IIIIIII111I1I11 ~IIIIIII ~m i~ 'I f}Jr ~~3 !~~t T~t -~ " -". ;--: THIS DEED IS BEING RE-RECORDED TO CORRECT AN ERROR IN THE PAGE NUMBERS OF THE PLAT BOOK DESCRIBED IN EXHIBI~ ~ ~'C:cS t,CC,\; ------ '\~~:.;,.t~~i ---~ ~ .'-' , . -~ . '-"--tJ . . ~;s DP.'2'~\___ :) S ::...---- "II , ~-(:.S ~~' "\:- 'Wil\: PIC ~ p.\:'J .~ .- \Oi~1. 5' . '--;-1- -~ \ ----Cl''=k--l'}0 CJ..... 1," '\..J ---'---"- "} ------.This instrument was prepared by ---------and return to: :--=-~-LE. D. Armstrong III, Esquire --/---Johnson, Blakely, Pope. Bokor. --.----'--Ruppel & Burns, P.A. P. O. Box 1368 Clearwater, FL 33757-1368 SPECIAL WARRANTY DEED e KARl IT'I i=' Di=" DL 'Kr"' ['>1 CDK DC ,f'fll:IQT I ~~ tl '. ~ iJ H. tK ~ Lil...L.r,1 I ~~, PINELLAS COUNTY~ FLORIDA 2C194840 09-12-2002 15' L:21 51 DED-CITY CLEARWA :/NEW PLAN 000000 // I~:02340162 BK:1221? SPG:0920 EF~:0924 [\'EruO[I.'nT~[j~ nlv~"-~' p ,;rq _1 ~?6 n\~ r; ,~...J. v....., .......W' ....... '.v_' DOC SiAM'P - I ,,21'3 ~l '$3~873.1Ci , , / FiT"'!' I ,lJ: nlo-'" rw~. ~. T T~n~Qr[n' '." '~~ ~' ", LCHANGE ; BY _.::_____ DEPUTY CLERK LCH $3,8'37.10 $3 ,8~37 ~ 10 $.00 02-340182 SPT~l 02 3.. '11 ::l I~E~S-CO-' 122 PG' ,. 'J ~ THIS INDENTURE made this ~~~ L./ ,2002, between CITY OF CLEARWATER, FLORIDA, a municipal corporation, ("Grantor"), whose post office address is P. O. Box 4748, Clearwater, FL 33758-4748, and NEW PLAN EXCEL REALTY TRUST, INC., a Maryland corporation ("Grantee"), whose post office address is 1120 Avenue of the Americas, New York, NY 10036. WITNESSETH, that the said Grantor, for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration in hand paid, the receipt whereof is hereby acknowledged, has granted, bargained, sold, aliened, remised, released, conveyed and confirmed, and by these presents doth grant, bargain, sell, alien, remise, release, convey and confirm unto the said Grantee, and its successors and assigns forever, the following described land lying and being in the County of Pinellas, State of Florida, more particularly described as follows: See Exhibit "A" attached hereto and incorporated herein. TOGETHER with all the tenements, hereditaments and appurtenances, with every privilege, right, title, interest and estate, reversion, remainder and easement thereto belonging or in anywise appertaining (all of the foregoing together with the Exhibit "A" land are hereinafter collectively referred to as the "Property"). SUBJECT TO the matters set forth on Exhibit "B" attached hereto and incorporated herein. /;2 ~D/IC;'C() (/-/2) e -\~LA~F"LA orF".REC~~ The aforedescribed 17/29/16/03006/000/0100. PINELLAS COUNTY F"LA OF"F".REC,8K 12227 PG 2425 property is a portion of tax parcel number The tax identification number for the Grantee is TO HAVE AND TO HOLD the same in fee simple forever. And the said Grantor does hereby fully warrant the title to said Property, and will defend the same against the lawful claims of all persons claiming by, through or under the Grantor, but against none other. IN WITNESS WHEREOF, the said Grantor has caused these presents to be signed the day and year above written. Countersigned: CITY OF CLEARWATER, FLORIDA, a ~ corporation By .~, a.~ J:I: William B. Horne II, City Manager Attest: C,~~Z. ~ CY~ia E. Goudeau, City Clerk STATE OF FLORIDA ) COUNTY OF PINELLAS ) The foregoing instrument was acknowledged before me this c::< CJuf L.J- , 2002, by William B. Horne II, as City Manager of the CITY OF CLE~R, a municipal corporation, on behalf of the corporation. He [is personally known to me] [has produced ---.j s identification]. L)J~0 W,'/-soJ , ota~Public . Print [Jl2-tJ LS -G A . name: ""~-:;.tf~:;;,, Denise A Wilson M .. . =:~7"Ji.';'~;1 MY COMMISSION # CC914107 EXPIRES Y COmmiSSiOn explreS;~:,~'i>f June 18, 2004 ....~(9.~lfr~~..~ BONDED THRU TROY FAJN INSURANCE.INC. 2 e e STATE OF FLORIDA PINELLAS COUNTY rLA. OFF .R~C.8K 12227 PG 2428 ) COUNTY OF PINELLAS ) The foregoing instrument was acknowledged before me this .~ 1\ <-~, 2002, by Brian J. Aungst, as Mayor-Commissioner of the CITY OF CLE RWA ER, a municipal corporation, on behalf of the corporation. He [is personally known to me] [has produced as ide~tificatio~ . YJe)0~{)U .LJ ~V NotaQ Public '. ') Print j)eDj'~01J. W, Is Cf--.- "- J name: My commission expires: ""'~"~"'" Denise A. Wilson i:1A>!''''!;'f;~ MY COMMISSION I CC914\07 EXPIRES ~ : .:~= June \ e. 2004 ~:;;:.i"'-';'~i' I\QNCEC THRU TROV FPIIN INIiUIlANCE,INC. ',Rf,~,'1 08/09/944:33 PM d-1 33638.103553 #269465 v1 KARLEEN F. DE BLAKER, ClERK OF COURT PlNELLAS COUNTY, FLORIDA 5C191771 09-18-2002 1&:21:24 JTF 51 DED-RE -REC l6I PLAN EXCR 006807 1U:02347&44 BK:12227 SPG:2424 EPG:2428 RECORDING 005 PAGES 1 $24.00 TOTAL: $24.0.0 CHECK AMI. TENDERED: $24.00 CHANGE: $.00 BY ___ DEPUTY CLERK 3 e '::.._P INE~L~. ~r,RE~K 1221, I ~ 923 PINELLAS COUNTY rLA. Orr,REC,8K 12227 PG 2427 A portion of Lots 3 and 8, CLEARWATER MALL, according to the plat the;eof as recorded in Plat Book 125, pages a~, public records of Pinetlas County, Rorida, described as follows: 21-29, A parcel of land being a portion of Lot 1, A RE5UB OF BASKIN'S REPLAT, as recorded in Plat Book 24, page 42, Public Records of Pinetlas County, Florida, together with a portion of the Southwest 1/4 of Section 17, Township 29 South, Range 16 East, Pinetlas County, Rorida, being more particularly described as follows: e.: EXHIBIT "A" Commence at the Northwest corner of the Northeast 1/4 of the Southwest 1/4 of Section 17, Township 29 South, Range 16 East, Pinetlas County, Rorida; thence Norm 89 deg. 46'01" East along the East-West centerline of said Section 17, for 415.00 feet to the point of intersection with the Northerly extension of the West line of Lot 1, A RESUB OF BASKIN'S REPLAT, as ie(orded in Plat Book 24, page 42, Public Records of Pinetlas County, Rorida; thence leaving said Easc-We....c:t centerline of Section 17, South 00 deg. 21'26" West along said Northerly extension of the West line of Lot 1 and the West line of said Lot 1 (being the basis of bearings for this legal description), respedvely, for 60.00 feet to the POINT OF BEGINNING; thence continue South 00 deg, 21'26" West along said West line of Lot 1, for 458.65 feet to the point of intersection with the Westerly extension of the South line of that certain property as described in O. R. Book 4272, page 1503, Public Records of Pir.e!las County, Florida; thence leaving said West line of Lot 1, North 89 deg. 46'14" East along said Wesr.eriy e.xtension of the South line of that certain property as described in O. R, Book 4272, page 1503 and the South line of said certain property as described in O. R. Book 4272, page 1503, respectively, ror 386.69 feet to the Southeast corner of said certain property as described in O. R, Book 4272, page 1503, same also being the point of intersection with the Southerly extension at the East line of said Lot 1; :hence North 00 deg. 13'59" West along said Southerly extension of the East line of said Lot 1 and the ~scline of said Lot 1, respectively, same also being the East line of said certain property as described in O. K. Book 4272, page 1503 and the Northerly extension of said East line of that certain property as descibed in O. R. Book 4272, page 1503, respectively, for 71.42 feet; thence leaving said East line of Lot 1, South 89 deg. 46'01" West, for 254.27 feet; thence North 00 deg. 13'59" West, for 60.00 feet; thenc: South 89 deg. 46'01" West, for 68.54 feet; thence North 00 deg, 13'59" West, for 327.23 feet; :henc: South 89 deg, 46'01" West along a line 60.00 feet South of and para tiel with said East-West centerline of Section 17, for 59.15 feet to the POINT OF BEGINNING. . .' ./ e e PINELLAS COUNTY rLA, Orr,REC,8K 12227 PG 2428 1. Taxes and assessments for the year 2002 and subsequent years, which are not yet due and payable. EXHIBIT "B" 2. Easement in favor of Florida Power Corporation as recorded in OR. Book 4088, Page 1982, Public Records of Pinellas County, Florida. 3. Easement in favor of Pinellas Water Company, as assigned to the City of St. Petersburg, all as set forth in instrument recorded in Deed Book 1465, Page 111, Public Records of Pinellas County, Florida. e e AFFIDA vir OF NO LIENS STATE OF FLORIDA ) COUNTY OF PINELLAS BEFORE ME, the undersigned authority duly authorized to administer oaths and take acknowledgments, personally appeared WILLIAM B. HORNE II, who [is personally known to me] [produced as identification] and who, being first duly sworn, deposes and says that: 1. He is City Manager of the CITY OF CLEARWATER, FLORIDA, a municipal corporation ("City"). 2. City is the owner of the real property located in Pinellas County, Florida, as is more particularly described on Exhibit "A" attached hereto and incorporated herein ("Property"). The Property is now in possession of the record owner, and there is no other person or entity in possession of the Property or who has any rights or tenancies to the Property. 3. No Notice of Commencement affecting the Property has been executed, recorded or posted by the undersigned. 4. The Property is free and clear of all liens, taxes, encumbrances, and claims of every kind, nature, and description whatsoever, except for real and personal property taxes for the year 2002, and matters shown on Title Insurance Commitment (File No. 1037-1245) issued by FIRST AMERICAN TITLE INSURANCE COMPANY, through its agent JOHNSON, BLAKELY, POPE, BOKOR, RUPPEL & BURNS, P.A. (collectively, "Title Company"). 5. The undersigned knows of no state or federal judgment or lien of any kind or nature whatever against the Property. 6. There has been no labor performed on or materials furnished to the Property within the past ninety (90) days for which payment in full has not been made or for which valid liens could be filed; there are no claims whatsoever of any kind or description against the Property for which liens could be filed according to the statutes in such cases made and provided; and no informal notice of claim has been received by the undersigned including, without limitation, unrecorded labor, construction or materialmen's liens against the Property. 7. The undersigned hereby warrants that the undersigned and the City have received no notice of any public hearing regarding pending or future assessments for improvements by any governmental agency and there are no unpaid or pending bills, assessments or liens against the Property for sanitary sewers, paving, utility e e installation, service or other improvements made by any public utility or governmental agency, whether or not such assessments appear of record. 8. The undersigned knows of no violations of municipal or county ordinances, or any easements or claims of easements for uses or adverse interests not shown by the public records, pertaining to the Property including, without limitation, any unrecorded easements or rights-of-way created through use or adverse interest with respect to the Property. The undersigned knows of no violations or breaches of any covenants, conditions or restrictions applicable to the Property including, without limitation, building setback violations and use restrictions violations. 9. The undersigned warrants that there are no estate tax, inheritance tax, or income tax liens, under federal or state laws, against the Property, or against the owner, which would affect the Property. 10, There is no outstanding unrecorded agreement of sale, option, deed, agreement for deed, conveyance, mortgage, or lease affecting the title to the Property, other than the agreement incident to which this Affidavit is given. 11. The undersigned owner of the Property is not a non-resident alien, foreign corporation, foreign partnership, foreign trust, or foreign estate (as those terms are defined in the Internal Revenue Code and Income Tax Regulations), and the U.S. taxpayer identification number of said owner is 59 - b 000 2. 8' '7 12. This representation is made under oath for the purpose of inducing NEW PLAN EXCEL REALTY TRUST, INC., a Maryland corporation, ("Purchaser") to purchase and the Title Company to insure title to the Property. 13. The undersigned makes and delivers this Affidavit of No Liens fully realizing that the Title Company and Purchaser are relying hereon in order to close such purchase. This Affidavit of No Liens is made with full understanding of all laws appertaining to affidavits in Florida, and full faith and credit may be given hereto. The undersigned further certifies that the undersigned has read the complete text of this Affidavit and fully understands its contents. 14. All statements made herein shall, to the best of the knowledge and belief of the undersigned, be true and correct as of the date and time the deed is recorded. There are no matters pending against the undersigned that could give rise to a lien that would attach to the Property between the date hereof and such recordation. The undersigned has not and will not commit, between the date hereof and the date and time of such recordation, any act that would cause the statements made herein to change or to become invalid, nor will the undersigned execute any instrument that would adversely affect the title to the Property. 15, The undersigned, on behalf of the City, agrees to indemnify and shall save and hold the Title Company harmless from and against any claim, liability, or -2- e e cause of action which may arise by virtue of any of the foregoing representations being false or untrue or from any lien or claim which may be filed or enforced for any labor, services or materials used or furnished to the Property, for or on account of benefit of owner. ~. C/cr~~~-:xr WILLIAM B. HORNE II City Manager SWORN TO, subscribed and acknowledged before me this ~ .1.. ,2002. fJ''W:La.1J~ ....~':f..~~", Denise A. Wilson Notary PUblj)"' \ 'I \ PYr!i:~~ MYCOMMISSION# CC914107 EXPI~ES . I ^ I \ (" ) ~:.~.:~! June 18, 2004 Print name: r2[J{S1:../ Tl .1) f ..:)O'f.-J ":''i..?ff;..'fr~ BONOEOTH~UT~OHAlNINSUIlANCf.IN'My commission expires: tvi { t! ZDO V 06/20/0204:09 PM d-1 33638.103553 #269953 v1 -3- -. l tit -. . o' .... . EXHIBIT "A'" A portion of Lots 3 and 8, CLEARWATER MALL, according to the plat theJieOf as recorded in Plat Book 125, pages 20-28, public records of Pinellas County, Aorida, described as follows: A parcel of land being a portion of Lot 1, A RESUB OF BA5lG:N'S REPLAT, as recorded in Plat Book 24, page 42, Public Records of Pine!las County, Acrida, together with a portion of the Southwest 1/4 of Section 17, Township 29 South, Range 16 East, Pinellas County, Rorida, being more particularly described as follows: Commence at the Northwest comer of the Northeast 1/4 of the Southwest 1/4 of Section 17, Township 29 South, Range 16 East, Pinellas County, Rorida; thence North 89 deg. 46'01" East along the East-West centerline of said Section 17, for 415.00 feetto the point of inte....section with the Northerly extension of. the West line of Lot 1, A RE5UB OF BASKIN'S REPLAT, as recorded in Plat Book 24, page 42, Public Records of Pine!las County, Rorida; thence leaving said E.:si;-West centerline of Section 17, South 00 deg. 21'26" West along said Northerly extension of the West line of Lot 1 and the west line of said Lot 1 (being the basis of bearings for this legal description), respe:t:ively, for 60.00 feet to the POINT OF BEGINNING; thence continue South 00 deg. 21'26" West along said West line of Lot 1, for 458.65 feet to the point of intersection with the westerly extension of the South line of that certain property as described in O. R. Book 4272, page 1503, Public Records of Pinellas County, Florida; thence leaving said West line of Lot 1, North 89 deg. 46'14" East along said West=..'iy extension of the South line of that certain property as described in O. R. Book 4272, page 15J3 and the South line of said certain property as described in O. R. Book 4272, page 1503, respectively, fer 386.69 feet to the Southeast come.... of said certain property as described in O. R. Book 4272, page 15iJ3, same also being the point of intersection with the Southerly e.xtension at the East line of said Lot 1; tt1e.'1ce North 00 deg. 13'59" west along said Southerly extension of the East line of said Lot 1 and the ~Si: line of said Lot 1, respectively, same also being the East line of said certain property as described in O. K. Book 4272, page 1503 and the Northerly extension of said East line of that certain property as des.::"ibed in O. R. Book 4272, page 1503, respectively, for 71.42 feet; the.flce leaving said East line of Lot 1, South 89 deg. 46'01" West. for 254.27 feet; thence North 00 deg. 13'59" WeSi., for 60,00 feet; th=..'1C: South 89 deg. 46'01" West, for 68.54 feet; thence North 00 deg. 13'59" West, for 327.23 feet; tl'1erlc: South 89 deg. 46'01" West along a line 60.00 feet South or and parallel with said East-West cent=iine of Section 17, for 59.15 feet to the POINT OF BEGINNING. '.' . -' CONTRACT FOR EXCHANGE OF REAL PROPERTY THIS CONTRACT is made and entered into as of the ~ day of ~,/ , 2002, by and between the CITY OF CLEARWATER, FLORIDA, a unicipality, hereinafter referred to as the "City," and NEW PLAN EXCEL REALTY TRUST, INC., a Maryland corporation, hereinafter referred to as the "Owner," for the exchange of properties in Clearwater, Florida, as described herein. The parties hereto agree as follows: 1. Exchanae of Property. The City shall convey title to certain real property referred to as "Parcel 1" which is described in Exhibit A to this contract to the Owner. The Owner shall convey title to certain real property referred to as "Parcel 2" which is described in Exhibit 8 to this contract to the City. The conveyance of Parcel 1 shall constitute full consideration for the conveyance of Parcel 2. The conveyance of Parcel 2 shall constitute full consideration for the conveyance of Parcel 1. 2. Definitions. In this contract, "Seller" shall mean the City with respect to Parcel 1 and the Owner with respect to Parcel 2. "Purchaser" shall mean the Owner with respect to Parcel 1 and the City with respect to Parcel 2. These terms are used for convenience and do not imply the payment of any compensation other than conveyance of real property in exchange for real property. 3. Leaal Descriptions. The legal description of the properties being exchanged between the parties are described as follows: a. Parcel 1 - See Exhibit "A" attached; b. Parcel 2 - See Exhibit "8" attached. 4. Purchase Price. It is mutually agreed that the transfer of Parcel 1 by the City to the Owner and the transfer of Parcel 2 by the Owner to the City shall constitute the full and sufficient consideration for the exchange of properties. 5. Commission Approval. Following the execution of this contract by the Owner, this contract shall be held open for acceptance and approval by the Clearwater City Commission for 30 days following receipt in the offices of the City of Clearwater City Manager. Unless this contract is unconditionally approved and accepted by the City Commission within the 30 days and written notice of the approval and acceptance delivered to Owner within 30 days following receipt by the aforesaid City Manager's Office, the Owner may at its sole option and discretion terminate this contract whereupon each party shall be relieved of all further obligations hereunder. The City shall cooperate with Owner in a timely manner in the execution of applications necessary and required as to Parcel 1 so that Owner can submit and process applications required to facilitate the redevelopment of Clearwater Mall. 6. Closina Date. This transaction shall be closed and the deeds and other closing papers delivered no later than 30 days after receipt of written notice of approval of this contract by the Clearwater City Commission unless extended by other provisions of this contract. 7. Title Evidence. The Owner shall order and provide at its expense a commitment for title insurance in the amount of $553,212.00 which commitment shall show a marketable unencumbered fee simple title in the name of the City as to Parcel 1. The Owner shall have ten (10) days after delivery of said commitment for the examination thereof, and within said period shall notify the City in writing of any objections to said title. If this notification is not given within said time period, then said title shall be conclusively deemed to be acceptable to the Owner. In the event that the title to Parcel 1 is not good and marketable, the City shall have ten (10) days thereafter to perfect the title. If the defects are not cured within such time, then the Owner may cancel this contract or waive the defects and accept the property without deduction on account of said defects. A final title insurance policy will be issued to the Owner within fifteen (15) days after closing. The Owner shall order and provide at its expense a commitment for title insurance in the amount of $553,212.00 which commitment shall show a marketable unencumbered fee simple title in the name of the Owner as to Parcel 2. The City shall have ten (10) days after delivery of said commitment for the examination thereof, and within said period shall notify the Owner in writing of any objections to said title. If this notification is not given within said time period, then said title shall be conclusively deemed to be acceptable to the City. In the event that the title to Parcel 2 is not good and marketable, the Owner shall have ten (10) days thereafter to perfect the title. If the defects are not cured within such time, then the City may cancel this contract or waive the defects and accept the property without deduction on account of said defects. A final title insurance policy will be issued to the City within fifteen (15) days after closing. The Owner and the City shall mutually agree upon a title insurance company and closing agent. 8. Permitted Exceptions. The parcels shall be conveyed to the Purchasers subject to no liens, charges, encumbrances, restrictions, exceptions, or reservations of any kind or character other than the following permitted exceptions: a. Zoning ordinances and land use regulations; b. Any easements, restrictions or other matters that appear in the commitment and/or survey (excluding standard exceptions) which are not objectionable exceptions; and c. Any agreements between the parties that are part of this contract. 2 9. Survey. Within the time allowed for delivery of the title insurance commitments, a registered Florida land surveyor shall survey each of the parcels. The costs thereof shall be borne by the Owner as to both Parcel 1 and Parcel 2. 10. ClosinQs and Possession. Subject to satisfaction of the conditions precedent set forth in this Agreement, the exchange contemplated herein shall occur on or before March 11, 2002. Said closings shall be simultaneous. 11. Property Taxes. To the extent any property taxes are assessed, all property taxes shall be prorated at closing. 12. Condition Precedent to City's ObliQation to Close. It shall be a condition precedent to the City's obligation to close hereunder that the Owner shall provide, in a form reasonably acceptable to the City, an easement for ingress and egress over property owned by the Owner to City property immediately adjacent to Parcel 1. In addition, it shall be a further condition precedent that the Owner shall give the City an easement for ingress and egress reasonably acceptable to the City to provide access to Parcel 2. All easements shall be defined by metes and bounds legal descriptions, in the form attached hereto as Exhibit "C." 13. Condition Precedent to Owner's ObliQation to Close. It shall be a condition precedent to the Owner's obligation to close hereunder that it shall have obtained approval for the land use and rezoning of Parcel 1 to accommodate the redevelopment of the Clearwater Mall Project. The Owner shall have until June 10, 2002, in which to satisfy this condition, or, Owner may waive this condition in its sole and absolute discretion. 14. ClosinQ Costs. The Owner shall pay the following closing costs and expenses in connection with the closing: a. All documentary stamps in connection with the conveyance of the property; b. The premium and all search fees payable for the owner's policies of title insurance for both parties; c. Recording fees in connection with those instruments necessary to render title acceptable to the Purchaser; and d. Its costs of document preparation and its attorneys' fees. The City shall pay its costs of document preparation and its attorneys' fees. 3 15. Risk of Loss. The risk of loss or damage to the. premises by fire or otherwise, until delivery of deed, is assumed by the Seller. The Seller further agrees to maintain the property and to deliver said property to the Purchaser in the same condition as when the contract was executed, ordinary wear and tear excepted. 16. Nonassianabilitv. Neither party may assign this contract, provided, however, that Owner may assign its rights to Clearwater Mall, LLC, or Sembler Family Partnership #23, Ltd, without City approval. 17. No Brokers. Each party affirmatively represents to the other party that no brokers have been involved in this transaction and that no broker is entitled to payment of a real estate commission because of this transaction. 18. Notices. All notices which are required or permitted hereunder must be in writing and shall be deemed to have been given, delivered or made, as the case may be (notwithstanding lack of actual receipt by the addressee): (i) three (3) business days after having been deposited in the United States mail, certified or registered, return receipt requested, sufficient postage affixed and prepaid; or (ii) one (1) business day after having been deposited with an expedited, overnight courier service (such as by way of example but not limitation, U.S. Express Mail or Federal Express), addressed to the party to whom notice is intended to be given at the address set forth below: As to Owner: With a copy to: and: If to Sembler: New Plan Excel Realty Trust, Inc. 1120 Avenue of the Americas New York, NY 10036 Attn: Steven F. Siegel Paul, Hastings, Janofsky & Walker LLP 75 East 55th St. New York, NY 10022 Attn: Robert J. Wertheimer, Esq. Thomas L. Mulkey New Plan Excel Realty Trust, Inc. 563 West 500 South, Suite 440 Gateway Tower Woods Cross, UT 84087 Sembler Family Partnership #23, Ltd c/o The Sembler Company 5858 Central Ave. St. Petersburg, FL 33707-1728 Attn: Craig Sher 4 With a copy to: Ruden, McClosky, Smith, Schuster & Russell, P.A. 401 E. Jackson St., 2ih Floor Tampa, FL 33602 Attn: James B. Soble, Esq. With a copy to: E.D. Armstrong III, Esquire Johnson, Blakely, Pope, Bokor, Ruppel & Burns, P.A. Post Office Box 1368 Clearwater, FL 33757-1368 As to City: William B. Horne \I City Manager City of Clearwater Post Office Box 4748 Clearwater, FL 33758-4748 With a copy to: Pamela K. Akin City Attorney Post Office Box 4748 Clearwater, FL 33758-4748 Any party may change the address to which its notices are sent by giving the other party written notice of any such change in the manner provided in this section, but notice of change of address is effective only upon receipt. 19. Entire Contract. This contract and the exhibits referenced herein embodies and constitutes the entire understanding among the parties with respect to the transaction contemplated herein and all prior or contemporaneous agreements, understanding, representations and statements, oral or written, are merged into this contract. Neither this contract nor any provisions hereof may be waived, modified, amended, discharged or terminated except by an instrument in writing signed by the party against which the enforcement of such waiver, modification, amendment, discharge or termination is sought, and then only to the extent set forth in such instrument. 20. Applicable Law. This contract is construed in accordance with the laws of the State of Florida. 21. HeadinQs. Descriptive headings are for convenience only and shall not control or affect the meaning or construction of any provision of this contract. 22. BindinQ Effect. This contract shall be binding upon and shall inure to the benefit of the parties hereto and their heirs, personal representatives and successors by law. 5 23. Interpretation. Whenever the context hereof shall so require, the singular shall include the plural, the male gender shall include the female gender and neuter and vice versa. This contract and any related instruments shall not be construed more strictly against one party than against the other by virtue of the fact that initial drafts were made and prepared by counsel for one of the parties, it being recognized that this contract and any related instruments are the product of extensive negotiations between the parties and that both parties have contributed substantially and materially to the final preparation of this contract and all related instruments. 24. Time is of the Essence. Time is of the essence of this contract. Should any period of time specified herein end on a Saturday, Sunday or legal holiday (recognized in Clearwater, Florida), the period of time shall automatically be extended to 5:00 p.m. on the next full business day. 25. Other AQreements. No prior or present agreements or representations shall be binding upon either party unless included in this contract. No modification or change in this contract shall be valid or binding upon the parties unless in writing and executed by the party or parties to be bound thereby. 26. Nothing in this contract shall be construed to constitute the creation of a partnership or joint venture between the parties. 27. Counterparts. This Agreement may be executed in several counterparts, each constituting a duplicate original, but all such counterparts constituting one and the same Agreement. Countersigned: CITY: CI~~WATER' FLORIDA By' ~.~.n. William B. Horne, II City Manager Brian J. Aung Mayor-Com ssioner Approved as to form: Attest: ~~ Pamela K. Akin City Attorney ~~,~~~- ~cyn la . Goudea'u ~, ..... City Clerk '-- . . 6 OWNER: NEW PLAN EXCEL REALTY TRUST, INC., a Maryland corporation By: 5:!~~Mh Title: 6/19/20024:14 PM d-4 33638.103553 #255363 v1 - SEMBLERlCLW. MALL - Contract for Exchange of Property 7 ..&...:..' .L.....,Lo ..&..V ~..&..v J...na '''' , L"t OUvU CV'-" v.Lt:::d.l."t:I....e1. tgj UU5/ UU.~ 'S:\Z20:"07\LS\22007-lS2.dwg - May 20. 7.1 EXHIBIT A THIS IS .tiQ.I A SURVEY THERE MAY BE ADDITIONAL RESTRICTlOl'/5 AF"FECTlNCi THIS PROPERTY THAT MAY BE FOUND IN THE PUBLIC RECORDS OF THIS COUNTY. THIS I.EGAL DESCRIPTION AI'/O SKETCH WAS PREPARED W\l'11 THE BENEFIT OF A COMMITMENT FOR TITLE INSURANCE PREPARED aT LAWYERS TITLE INSURANCE CORPORATION. COMMITMENT NUMBER 0I02!:lG7c. REVISION NUMBER 2. EFFEC TIVE DA TE SEPTEMBER 20. 2001 AT 5,QOp.m. BEARINGS ARE BASED UPON, SEE SKETCH AND LEGAL DESCRIPTION LEGAL DESCRIPTION: SWAP PARCEL 8 A porcel of land being 0 porf .on 01 Lol I, A RESUB OF' BASKIN'S REPLAT. os recorded in Plot Book 24. POlle 42 01 Ihe Public Recordr; 01 Pinellos Coun'1. F'lorido. logelher wilh a porlion 01 the Soulhwesl 1/4 01 Section 17. Township 29 Soufh. Ronge 16 EoSI. Pinello5 Counly. Florido. being more porliculorly described os tal I Owl". , COtvMENCE 01 'lie Norlhw.,t corner 01 '"e Northeast 1/4 01 Ihe Southwest 1/4 of Seclion 17. To...nShip 29 South. Range 16 EO$t. Pinello, Counly. F'orido; Ihance N69046'01.E. Along Ihe Eosl-We,1 cenlerlinll 0. r;oid Section 17, lor 415.00 feet 10 Ih. pOInt 01 inlerseclion wilh Ihe Norlherly exlens.on of Ihe Welt lin. of Lol I, A RESUB OF BASKIN'S REPlAT. 0$ recorded In Plol Book 24. Poge 42 01 Ihe Public Rec;orda of Pinello, Counly. Florido; 'hence '80ving so.d Eosl-Well centerline ot S.ction 17. SOO.21'26-W, olong fiord Northerly exlcnsion 01 the West line ot Lol I and Ihe Wesl line 01 said Lol I (being Ih" Dosis 01 bearings lor Ihis legol descriplionl. r..r;peclively. lor 60.00 fee' 10 the POINT OF BEGINNING; lhence coralinue SOO"2"26-W. olong said Wesl linll 01 Lol I. lor 458.65 leel to the point of inlersection wilh lhe Wer;terly exlcn,ion of Ihe Soulh line of Ihol cerloin properly 0' describecS in Otficiol Records Book 427~. page '503 ot Ihe PublIC Records 01 Pinel/oti Counly. Florida; Ihence leaving soid We,' line 01 Lol I, N69046'14"E. along 'aid Westerly exlension of Ihe Soulh line ot Ihol cerloin properly os described in Officiol Records Book 4 Z 72 . PO gel 503 and I he Sou t h I i n e 0 Iso i d c e r I a i n pro per I y 0 s d. s c rib e din 0 I f I cia I Record!> Book 4272. page 1503. r.speclively. for 366.69 feel' 10 Ihe Soulheast corner of said cerloin properly os <Iescribed in Olliciol Records Book 4272. page t503. some otso beIng 'he poinl 01 in1erseclion wilh Ihe Southerly Illllension 01 Ihe EOI".I line of said Lol I; Ihence NOOOI3'59"W. 010"9 ,aid Southerly e.tension 0' Ihe EO$I li"<I 01 soid Lol lond the (0 s I I i n e 0 Iso i d Lot I, r .., p e c; I i vel y. $ ome 0 I '0 b.. i n 9 I he (0 $ I I i n 8 0 Iso ide e r t 0 i n properly os del".cribed in Officiol Records Boo" 4272, poge 1503 and Ihll Norlher', elllension of !>oid Eos' line 01 thai cerlain property os described in Officiol Records Book 4272. poge 1503, respeclively. for 71.42 feel: Ihence leowing said EosI line of Lol I. SB9"46'OI-W. lOr 254.27 lltet: Ihence NOO.,3'S9"W, for 60.00 leel; thenCe S69046'OI.W. lor 68.54 tellt: thence NOooI3'S9-W. lor 327.23 leltl; thence SB9046'OI-W. along 0 line 60.00 leel South of and parallel wilh 'aid Eost-West centerline 01 Seclion 17. for 59.15 teet 10 Ihe POINT OF BEGINNING. Conloining 55.376 square leel or 1.271 ocr..s. more or less. (rror 01 closure: 0.005 teet (LCSI NOT(; THE GEOh4(TR1' PEIlTAINING TO THE PAIlcn OF LAND BEING DESClll8ED H(REIH tS BASED lPOoc " BOUNOAJlY. rOl'OGRUHIC. TREE 6 OESIGN SURVEY PllEPAIlCO BT POLARIS llSSOCIATES INC.. TITLEO -CLE"-ATER MALL.. PROJECT ......eEIl 001-1463. DATEO 9-l"~. ANI> A BOUNOARY SuRv<Y PREPARED BT ~LORIDA DESI~ C~TANTS. INC. TITLED .PARCEL VII AND PARCEL VIII. CITy ~ CLEARWATER ~'RC 'TATION # 49'. JOe NUMBER 220.07 DATED 10-25-200'. LAST REVISED Il-17-tOOI. SEE SHEET 1 fOR LEGAL DESCRIPTION SEE SHEET 2 FOR SJ<E TCH PREPARCD FOR: THE SEMBLER COMPANY SHCET OtSCRIP nON: LEGAL DESCRIPTION AND SKETCH FOR SWAP PARCEL B SCAL.(: DATE: DR "WN: CAla:O: 01(0<([), NONE 10-18-2001 LCS LCS RCW .JOe ",0.: SEcnON: TOWNSHIP: RANa:: 220-07 17 29 5 16 E FLORIDA DESIGN CONSULTANTS, INC. ENGINEERS, ENVIRONMENT AlIS TS SURVEYORS 8 PLANNERS 2(;39 McCormick Dri.. CI<o',"olo<. Florido 3375:'1 (727) 72'1-6"122 Certificote of Authorization: LB 6707 Slole 01 Florida I hereby certify Ihol Ihis legal descriplion and ~kclch meets Jhll min,mum lechnical slondards 0$ 5eJ forlh by Ihe Florida Boord of Prolessionol lo"d Surveyors in Chopler 61G17-G Florida ....dmin.islrolivo Code. pursuonl 10 Seclion 472.027. Florldo Slolutes NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED S AL Of A FLORIDA ENS D SU VEYO MAPPER. AS LE L 0 I TION AND SKE TCH ~COOyri9ht 200' f'lo(idu Oc::;i9o Con:sullonl:;. Inc. Drowin9~ Ol'\d concept=-. may 1'\01. b~ v8ed or r.pfoduc.td wilhoul """~llCl) pefmission. Sheet FLORIDl1 VUI .1..:.."")1 LUVL .1.LIJ:, LO..J.O Cl1...A I ~ I I.I.J oOVO ru\,.. \"'.J.ettr'U:il.~r Igj UutS / UUIS So: \220-'07.\LS\22007-lS2.d"g - l,lo'7 20. 2002 D 9: 310m - dw,U;" THIS IS llill A SURVEY THERE MAY BE ADDITIONAL RESTRICTIONS AFFECTING THIS PROPERTY THAT MAY BE FOUND IN THE PUBLIC RECORDS OF THIS COUNTY. THIS l.EGAL DEsCRIPTION AND SI<ETCH WAS PREPARED W'1'H THE BENEFIT OF A COMMITMENT FOR TITLE INsuRANCE PRE:PAREO By LAWyERS TITLE: INSURANCE CORPORATION. COMMITMENT NUMBER 0102967c. REVISION NUMBER 2. ' EFFECTIVE DATE SEPTEMBER 20. 2001 AT 5.00p,m. BEARINGS ARE BASED UPON, SEE SI<ETCH AND LEGAL DESCRIPTION ~ z SOO'"2"26~W. 60,00' N EXTENSION Of' THE W LINE LOT 1 o v'\ POC NW COR or THE N[ 1/4 0> Tl-1E Sw 1/4 Of' SEe 17-29S-16E 458.65" (6(ARINC BASIS) W UNE lOT ) SOO"21'26.W POB ~ 'or .... ~ :;~ ~ .,,": 8 ... a~ ::t! .... ~N ~ ~; l1 ~ l!!... 5 :z ~o < ll;""" ~ r.:: VI ~ 5 t "- " " "- " " NOO,S69.W "" S89.46'Q1.W 59.15" 327.Z5" .0 0() v 0. '" z ,. ~ :5 Q.. ..- o z: ~ .. ~ LOT 1 A RESUB OF BASKIN'S REPLA T PB 24. PG 42 ~ I ..--.. -.JI 0 ml CD >- .... 0 <(\O~ m I 0 I E ~ g ,!. ~ I u <( ~ I~ I- :::J I~e Cl 1<>-1 3: I .... - p ~~ ~~ CD "A " " " ..1Q),.. "- "tho.. " "" ~ '-9 (, " 7*'6 't<+ " ~ ..oC'~~ """ /'7.J 4,0<'\-;- 60.00" NOO1$59-W m '-' co Q. ~ ... .... roo .. 5 ... 0 '-' z :; E UNE LOT' LEGEND P08 - Point 0' Bc<jIinn'''9 poc - Potnl of Commenccm.nt COR . Corner PB .. Plot 9001< a>8 .. ~;,,;.,m Plot Book PG .. Poge sa - SquOl'e F'T - .",,1 WOl - 1oIor.. or Les.. R/W - Rkjlt-ol-Woy oe - O....d Book It. = Cen l<:<1in" SE COR OR 4272. SKY HARBOR DRIVE 60' R/W (OR 412/1. PC 1796) OO"13"69OOW. 71.42' S EJClEIIlSlON OF" THE E l.J'I[ LOT 1 [ UN( Of" OR 4272, PG 1503 SEE SHEET 1 FOR LEGAL DESCRIPTION SEE SHEET 2 FOR SKETCH NOH; THE CEa.ETRY PERTAINING TO nc: P~cn. OF La>Cl BE'NO OESCIlI8CD HEREIN IS SASUl uPON A BOUt<OARY. ToPOGRAPHIC. TREE ~ D[~ION ~ulNt:y PR[Pt.REO Br POLARI~ ASSOCIATES INC,. TITLED .CLEARWATER WAl..L", PROJECT wu.eER OOI-I~63. DATED '1-24-99. UJO A BO\Jl'<()ARY S~VEY PREPARED BY FLORIDA. DESIGN CONSULTANTS. INC,. TITLED -PARCEL VII AND PARCEL VIII. CITY OF CLEARwATER FIRE STATION I AS-, JOB NUMBER 220-07. DATED 10-25-200., LAST REvlSEO 12-17-Z00I. PREPARED rOR: 5H([T OCSCRIPnON: THE SEMBLER COMPANY LEGAL DESCRIPTION AND SKETCH FOR SWAP PARCEL B SCAlL: DAlL: ORAW't: CALCED: 0iECKEO: (' = 100' 10-18-200t LCS LCS RCW .Y.J9 No,; S( CllON: TOWNSHIP: RANCE: 220-07 17 29 5 16 E FLORIDA DESIGN CONSULTANTS, INC. ENGINEERS, ENVIRONMENT AUS TS SURVEYORS 8 PLANNERS I hereby cerlily Ihcl Ihis 111901 descriplion ond skelch meels Ihe minImum lechnieol slondords os sel lor Ih by the Florido Boord of Prolessionol Lond Surveyor, in Chopler 61G17-6 Florida Adminislrolive Code, pursuonl 10 See lion 472.027, Florido Slolules NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED SEAL A FLORIDA LICENSED URV R AND PER. TO GA~ 0 SCRIP AND SKETCH .... 2p39 Mc;Cormit;k Drive: CloDr"ol.r, Flofldo 33759 (727) 724 -9422 Cer lificotc of Authorizotion: LB 6707 Slole 01 norido COCOpyriQflt 200\ f1oriao OI::::.i'9n Con:;uUon':. Ine. Drawings and concepts moy not b~ used or re.pI'oduccO ...ithoul .rillen pc,.mi~8;on. Shee t UU/.1~/<:UU;: iU!::. .10;.10 rAA Ii:.I 1<:4 OUUU l"V\.- \.-.1earWal:er l(!JUU7/UUti .' S:},220':'07\LS\22007-LS4.dW9 - woy 03. EXHIBIT B THIS IS MQI A SURVEY THERE MAYBE ADDITIONAL RES TRIC TIONS AFFEc TINe; THIS PROPERTY THAT MAY BE FOUND IN THE PUBLIC RECORDS OF THIS COUNTy. THIS LEGAL DESCRIPTION AND SKETcH WAS PREPARED WITH THE BENEFIT OF A COMMITMENT FOR TITLE INSURANCE PREPARED BY LAWYERS TITLE INSURANCE CORPORA TlON, COMMITMENT NUMBER Ol02967c, REVISION NUMBER 2, EFFEC TlvE DA TE SEP TEMBER 20. 2001 A r S;OOp.m. BEARINGS ARE BASED UPON, SEe: SKETCH AND LEGAL DESCRIPTION LEGAL DESCRIPTION: SWAP PARCEL A A parcel 01 lond lying wilhin Ihe SOulhwfl&1 South. Ronge 16 e:a~l. Pinellas Caunly. described 06 'ollow~: 1/'1 01 Florida. Section 17, being more Township 29 po'rliculorly COt./MENCE 01 Ihe Soulheo61 corner 01 Lot I, A REsue OF BASKIN'S REPLAT. 06 recorded in Pial Book 24. Doge ~2 01 'he Public Record, 0' Pinellas Caunly, florida, S~f1 also being Ihe South..s' corner 01 LoI 2, said A RESUB OF BASKIN'S REPLAT. SQm~ 01&0 being Ihe Soulhwesl corner 01 Ihol cerloin properly os des c rib e din 0 t r i cia IRe cor d s Boo k 4 I 2 B, po gel 796 0 f I he Pub I i c R e cor d so, Pinellos Counly. FIor ido: thence S3'300e'Oe.E, olong Ihe Soulh 10". 01 said lot 2 ( b e i n g I h" bas i sol b ear i n g c , 0 r r his I e 90 1 des c rip I ; 0 n I. S OiT1e a ISO b e i n 9 I h e Soulf) line 01 said cerloin properly as descrll>ed in Olliciol Records Book 4128, page 1796. lor 95.59 leel 10 Ihe Soulheosl corner 01 said cerlo,,, properly os described in Olliclol Records Bool< 4126. page 1796, some also tieIng the POINT OF BEGINNING: Ihence continue S39008'08.E. along 50id Soulh I."" of Lei 2. lor 391.47 leel 10 Ihe Nor 'heae' corner 01 SKY HARBOR ESTAT(S CORPORATION CONDOMINIUIwI. os recorded in Condominium PIal Book 13. poge 99 01 Ihe PublIC Records of Pinflll06 Coun'y. Florida; 111I~nte leaving soid Soulh line 01 Lol 2. SSooS4'52.W. along Ihe Norlh line 01 said SKY H~RBOR ESTATES CORPORATION CONDOMINIUM. lor 214.25 feel; IhencfI leavin~ said Norlh lIne 01 SKY HARBOR ESTATES CORPORATION CONDOMINIu.1, N3900e'Oe-w. 'or 125.56 leel; 'hence NOooIS'26-W, lor ~41 .34 feel to Ine POINT OF BEGINNING. Conloini"9 55.386 square lee' or 1.271 acres. more or less Error of closure: 0,004 leel (JEB) R(~O: 4-1-2002 3-18-2002 DR"_: JES JEB CAt.ctO; JE8 JEB CH(cxm: OAW TDF I RCW SEE SHEET 1 FOR LEGAL DESCRIPTION SEE SHEET 2 FOR SKETCH IC)TE: THE GCCWETRT PERTAINING TO Tl4E PARC!:1. fY' L>>O BEING DESCRIBED HEREIN IS BASED IJI'OH " 80UN0AR'T. ToPOGRAPHIC. TREE a DESI!;N SUR"E'T PREPARED BY POl.ARIS ASSOCIATES INC.. TITl.EO -CLEARwATER WALL', PROJECT NUW8ER 001-1463. DATED 9-24-~~. AND A BOVNO&RT SuRvEy PREPARED BY rLORIOA OESICN CONSULTA~5, .He . TITLED .PARCEL VII AND PAROEL ""'. CITY ~ CLE.~ATER ~IRE STAT'~ I eg-. JOB HuMeER Z20-0T. OATEO '0-2$-2001, LAST REI,oISED 12,17'2001. A)() Bour.o.~y 1fOR1C C(lIoI'LETEO BY rl.OlllDA DESI~ CONSIA.TANTS, INC. '01 PRO'ERATlOM OF PRoPDSEO RECORO P~AT or CLEARWATER ~l. F>R(PAREO rOR: LEGAL THE SEMBLER COMPANY DESCRIPTION AND SKETCH FOR SWAP PARCEL A SH((T OC~lPn~: SCJ.U; OAT(: DRAWN: CAlCED: OtEOI:E.O: NONE 10-18-2001 LCS LCS RCW .JOO No.: S(CTl()co<: TOWNSMP: RANCE: 220-07 17 29 S 16 E FLORIDA DESIGN CONSUL T ANTS} /Ne. ENGINEERS. ENVIRONMENTALISTS SURVEYORS 8 PLANNERS I herebr cflrlif)' fhol Ihis legol dflscription and ~kclch meels he minimum lechnicol ~Iondard~ as sel for Ih by Ihe f10rida Boord 01 Professional Land. Surveyors in Chopler 61G17-6 Florida Adminislrol,ve Code. pursuonl 10 Scclio" 4 72,027. Florida Slolules NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED SEAL OF A FLORIDA LICENSED SuRvEYOR AND MAP ER. AS T EGAL CRIPTI AND SKETCH 26.39 MtCormlck Drive C'Oo'",olor. l'"Iorlda 33759 JR. (727) 72'1-B422 PROFESSIONAL SURVEYOR ND MAPPER Certificate of Authorization: LB 6707 LICENSE NUMBER LS 4~5,ST.A ~F FLORIDA Slole of F1orido DA TE SIGNED. ~J..- rtII L- G':>COOY;9tlt 2001 rIO(~OQ Desi9" Con:;.ullonts. Inc. OrowtnQS onc;f can(:epl::; may not be u:;c-d or rcproduc;oo wiU'\oul VIl'ritlen pe(mi~!,;ion" Sheet ~ of 2 vv, .J..?/ ""~v,, ~UL ~V..J..O rnA ILl '''~ OVVU rU~ ~~e~J.W~Lel' l{!jUUtl/UUI:! , ?;: \2io':'01\LS\22007-LS~.d"9 - Moy 03. 2002 0 of: ~5prn - 'pKkmon THIS IS t:IQl A SURVEY THERE MAY BE ADDITIONAL RESTRICTIONS AF'FECTING THIS PROPERTY THAT MAY BE FOUND IN THE PuBLIC RECORDS Of THIS COUNTY. THIS LEGAL DESCRIPTION AND SICETCH WAS PREPARED WITH THE BENEFIT OF A COMMITMENT F'O~ TITLE INSURANCE PREPAREO flY LAWYERS TITLE INSuRANCE CORPORA TION. COMMITMENT NUMBER 010296'7(. REVISION NUMBER 2, EFFECTIVE DATE SEPTEMBER 20. 2001 AT 5.00o.m. BEARINGS ARE BASED UPON. SEE SKETCH AND LEGAL DESCRIPTION \ z LOT 1 A RESUB OF BASKIN'S REPLA T PB 24, PG 42 NOT PLA 1TEO POC s( COR LOT I 5W COR LOT 2 SW COR ORB ~ 128. PC 1796 5.)9U8'08-E 95.~' SKY HARBOR DRIVE 60' R[W (ORB 4126. PC 1796) S UN[ ORB "2B. PC 1796 S UNE LOT 2 NOO15'26-W 341.34' PC '796 AREA-SS,386 SO Fi OR 1.271 ACRES. UOL ~c,~ (, ~ 0"- .:t'~ ~ #c, Rf:'<lS(O: 4 -1-2002 3-18-2002 DRA-, ~cro: Je:B JEB JEB JEB LOT 2 A RESUB OF BASKIN'S REPLAT PB 24, PG 42 LEGEND POEl ~ Po:.-. l 01 8e<;1lnn;n9 poc - Potnl or COf'T\mencernenl COR - Cornet' PG = P"9" SO - Square n "...1 ~Ol. ~....,... fX Less R(W - RC1>I-al-Woy ORB "Olrociol RecOt"d5 Book P8 E PIol 800k O'B Condom;,.,ium Plot Book CHEoc(o: RCW TDF I RCW SEE SHEET 1 FOR LEGAL DESCRIPTION SEE SHEET 2 FOR SKETCH NOTL THE GECM::TRY P(RUI"'NG TO T~ PARCEL OF L.uo BE''l(; OfSCIUBEO HE:llEIH IS BASE:!> uPON A BOUNOJ.JIv. ToPOGRAPHIC. TREE a DESIGN SuRVEy PREPARED BY POLAR'S ASSOCIATES '"' . TITLED .CLE~AT[R WAL~.. PROJECT NUMBER 001-'4b~. DATED 9-24-99. AHa A BOUNDARy SuRvEY PREPARED BT fLORIOA DESIO" CONSULTANTS. INC.. TItLED -PAROEL VI' &NO PARCEL VIII. CITY or e~EARWATER fIRE STATION 149-. JOB NUMeEA llO-07. DATED 10-2S-l00l. l.AST fl€VISED '2-1.7-2001. AIlD IlOUNOAR'T -.. eO*'LETEO BY FLORIDA OESIG>I CONSULTANTS. 'NC. IN PREPERUIOtl o. PRQPOSEO RECOO<D P~AT Of"CLEARwATEA Wll..L PR[PIJlEO FOR, LEGAL THE SEMBLER COMPANY DESCRIPTION AND SKETCH FOR SWAP FLORIDA DESIGN CONSUL T ANTS, INC. ENGINEERS. ENVIRONMENTALISTS SURVEYORS 8 PLANNERS SH[( T O(SOlIPnQN, ~......E. OAT(: OR.\WN: \.. 100. 10-18-2001 LCS Ale tole.. $.( e nON: 220-07 PARCEL A CALa:O CHECKED: I hereby certify (hol Ihis legol description and skelch meers lhe minImum lechnicoJ stondords os sel lorlh by Ihe rlorido Boord 01 Prolessionol Lond Surveyors in Chopler 61G17-6 Florido Adminislrolive Code. pursuonl 10 Seelioll 'l72.027. Florida Slolules THE SIGNA TuRE SEA A FLORIDA AN ER. N AND SKETCH LCS YOYoNSH1P: RCW R....IA:; 17 29 S 16 E 2639 McCormock OrlH Cloorwolor, F'.tldO 337S9 R BERT c. WR H . JR. (721) 724-8<l2Z PROFESSIONAL SURVEYOR AND MAPPER Certificote or Authorization: L8 6707 LICENSE NUMBER LS 4~5..sT AIG... Q.f FLORID/\ Slale of f'IoridO DATE SIGNED, L".~-~.c t.JCop)"'ight 2001 F1orido Design Con~ullon\!. Inc. Oro""''''08 end Concepts n)oy nol be uSt=d or t'eproduced ...,ithout wrlUen Pc/mlsslon Sheet Z of 2- EXHIBIT "C" This instrument was prepared by and return to: E. D. Armstrong III, Esquire Johnson, Blakely, Pope, Bokor, Ruppel & Burns, P.A. P. O. Box 1368 Clearwater, FL 33757-1368 EASEMENT AGREEMENT THIS EASEMENT AGREEMENT is entered into on , 2002, between NEW PLAN EXCEL REALTY TRUST, INC., a Maryland corporation ("New Plan") and the CITY OF CLEARWATER, FLORIDA, a municipality ("City"). R E C ! I A b S: A. City is the owner of the real property located in Pinellas County, Florida, described in Exhibit "A" attached hereto and incorporated herein (the "City Property"). B. New Plan is the owner of the real property located in Pinellas County, Florida, described in Exhibit "B" attached hereto and incorporated herein (the "New Plan Property"), that it acquired from the City pursuant to the terms of that certain Contract for Exchange of Real Property, dated , 2002 ("Exchange Contract"), which is adjacent to the City Property. C. City requested and New Plan agreed to grant, pursuant to the terms of the Exchange Contract, a non-exclusive easement for ingress and egress over and across, portions of the New Plan Property which are more particularly described herein, which easement shall benefit the City Property. D The parties desire to enter into this Agreement for the purpose of evidencing their respective rights and obligations in connection with their use and enjoyment of the Easement Area, as hereinafter defined. NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby covenant and agree as follows: 1. Recitals. The foregoing recitals are true and correct and are incorporated herein by reference, 2. Grant of Easement. New Plan hereby gives, grants and conveys unto City, its successors and assigns, a perpetual non-exclusive easement for ingress and egress, over and across such paved driveways as may exist from time to time on the New Plan Property (the "Easement Area") for the purpose of providing the City Property with vehicular access to Gulf-to-Bay Boulevard. City agrees to use the Easement Area in accordance with all applicable codes, ordinances, laws and regulations, and in a manner that will not unreasonably interfere with New Planls use of the New Plan Property. New Plan shall have the authority to relocate, repair and replace driveways located within the New Plan Property provided that the City shall at all times have vehicular access from the City Property across the Easement Area to Gulf-to-Bay Boulevard. New Plan shall maintain the Easement Area, at its sole cost and expense. 3. Scope of Easements. The easement granted herein shall run with the land and shall burden and benefit the New Plan Property and the City Property, as applicable. 4. Reservation and RiQht in Owner. The easement granted hereby by New Plan is subject to a reservation and right in New Plan to construct and maintain on the New Plan Property any structures or other improvements which do not materially interfere with the use or enjoyment of the easement created by this Agreement for the purpose described herein. 5. Insurance. New Plan, at its sole cost and expense, shall obtain and keep in full force and effect comprehensive public general liability insurance against all hazards arising out of or in connection with the use and enjoyment of the Easement Area. All insurance maintained hereunder shall be procured from insurance companies rated "A" or better in Best's. Each party agrees to indemnify and hold harmless the other from and against any and all such claims asserted by any person, firm or corporation in connection with the Easement Area, including attorneys' fees (as defined in Section 6 of this Agreement), and arising from the negligent acts of the indemnifying party, 6. Attornevs' Fees, Etc. Should either party employ an attorney or attorneys to enforce any of the provisions hereof, or to protect its interest in any matter arising hereunder, or to recover damages for the breach hereof, the party prevailing shall be entitled to recover from the other party all reasonable costs, charges and expenses, including attorneys' fees, the value of time charged by paralegals and/or other staff members operating under the supervision of an attorney, and other legal costs, expended or incurred in connection therewith, before, during and subsequent to any litigation, including arbitration and appellate proceedings. -2- 7. Notices. Any notice to be given to or served upon any party hereto, in connection herewith, must be in writing, and may be given by hand delivery, facsimile, certified mail or guaranteed overnight delivery service, return receipt requested, and shall be deemed to have been given and received when a certified letter containing such notice, properly addressed, with postage prepaid, is deposited in the United States Mail or when delivered into the custody of the overnight delivery service. If given otherwise than by certified mail or guaranteed overnight delivery service, it shall be deemed to have been given when delivered to and received by the party to whom it is addressed. Notices shall be given to the parties hereto at the following addresses: FOR CITY: FOR NEW PLAN: William B. Horne II City Manager City of Clearwater P. O. Box4748 Clearwater, FL 33758-4748 Telephone: (727) 562-4040 Facsimile: (727) New Plan Excel Realty Trust, Inc. 1120 Avenue of the Americas New York, NY 10036 Attention: Steven F. Siegel Telephone: (212) 869-3000 Facsimile (212) 869-3989 WITH A COPY TO: WITH A COPY TO: Pamela K. Akin City Attorney P. O. Box 4748 Clearwater, FL 33758-4748 Telephone: (727) 562-4010 Facsimile: (727) 562-4021 E. D. Armstrong III, Esquire Johnson, Blakely, Pope, Bokor, Ruppel & Burns, P.A. 911 Chestnut Street Clearwater, FL 33756 Telephone: (727) 461-1818 Facsimile: (727) 441-8617 Either party hereto may, at any time by giving five (5) days' written notice to the other party hereto, designate any other address in substitution of the foregoing address to which notice shall be given and other parties to whom copies of all notices hereunder shall be sent. 8. General. a. No Dedication for Public Use. Nothing contained herein shall be deemed to be a dedication of any area for public use, and all rights and easements herein created are private and do not constitute a grant for public use. -3- b. Effective Date. The easements and covenants created and imposed by this Agreement shall be effective upon the recording of this Agreement. c. Modification or Amendment. This Agreement may not be modified in any respect whatsoever, or rescinded, in whole or in part, except with the written consent of New Plan and City, or their respective successors, and joined by the holders of any recorded real estate mortgages encumbering any of the New Plan Property or the City Property, in a written instrument duly recorded in the Public Records of Pinellas County, Florida. d. BindinQ Effect. The benefits and burdens of the easement and the obligations of each covenant set forth in this instrument shall run with the particular parcels of property involved and shall bind or benefit the owners thereof, and their respective heirs, successors, successors in title, legal representatives and assigns. e. GoverninQ Law. This Agreement shall be construed, governed, interpreted and enforced in accordance with the laws of the State of Florida. f, Counterparts. This Agreement may be executed in several counterparts, each constituting a duplicate original, but all such counterparts constituting one and the same Agreement. [Remainder of page intentionally left blank] -4- IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the day and year first above written. WITNESSES: NEW PLAN: NEW PLAN EXCEL REALTY TRUST, INC., a Maryland corporation Signature By: Thomas L. Mulkey Senior Vice President Print name Date: (Corporate Seal) Signature Address: 1120 Avenue of the Americas New York, NY 10036 Print name STATE OF UTAH ) COUNTY OF DAVIS ) The foregoing instrument was acknowledged before me this _ day of June, 2002, by Thomas L. Mulkey, as Senior Vice President of NEW PLAN EXCEL REALTY TRUST, INC., a Maryland corporation, on behalf of the corporation. He [is personally known to me] [has produced as identification]. Notary Public Print name: My commission expires: -5- Countersigned: CITY: CITY OF CLEARWATER, FLORIDA Brian J. Aungst Mayor-Commissioner By: William B. Horne, II City Manager Approved as to form: Attest: Cynthia E. Goudeau City Clerk Pamela K. Akin City Attorney STATE OF FLORIDA ) COUNTY OF PINELLAS ) The foregoing instrument was acknowledged before me this _ day of June, 2002, by William B. Horne II, City Manager, attested by Brian J. Aungst, Mayor- Commissioner, on behalf of the City of Clearwater, Florida, a municipal corporation. They [are personally known to me] [have produced as identification). Notary Public Print name: My commission expires: Exhibit "A" - City Property Exhibit "B" - New Plan Property 07/02/0209:49 AM d-1 33638.103553 #262053 v1 -6-