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SUNSET COAST CONSTRUCTION INC ... .~ I C~f OF-CLEARWATER I nterdepartment Correspondence Sheet .. FROM: Cynthia E. Goudeau, City Clerk lb 'tl,. ,. II~~ M.A, Ga ral. D, Jr., Clty Attorney~' TO: COPIES: SUBJECT: Sale of Old Boy Scout Hut Property DATE: October 1 1, 1 985 The subject sale was completed this date, and attached hereto are the following: Copy of Deed of Conveyance, dated October 11, 1985, to Sunset Coast Construction, Inc. Closing Statement MAG:br Atts, RECEIVED OCT l' 1985 CITY. CLERK lq lq750757 72 1. 110GS! ~" S OQ !tl q75 00 fOTAL QS000 CHK . THIS INDENTURE, made the 11 th day of October , A. D. 19 8~ .,b~~ween the.qTY ~ ~~ftARWATER'liLORIDft, a.snunicipal corporation, party of the first par~.and SUNSEI CUtr~T C N ,UC'lTIUN, Ne., u l"lor1d'a corp, . of the County of 1'lnellClS ajld Sta.Ji of l' lor 1da ,part. of the second part, whose mailing address is: bff C eveland Avenue, Largo, FL 33540 WITNESSETH, That the party of the first part, for and in consideration of the sum of Ten Dollars and other good and valuable consideration to it in hand paid by said part v of the second part, at or before the en sealing and delivery of these presents, the receipt whereof is hereby acknowledged, ha.s grant- ed, bargained, sold, conveyed and confIrmed unto the said party of the second part, and to 1 t- ~ heirs and assigns forever, all the following piece, parcel, lot or tract of land, situate, lying and being in the County of Pinellas and State of Florida, and described as follows, to-wit: A part of NW 1/4 of SW 1/4 of Section 11 Township 29 South, Range 15 E~st, belng more particularly described as follows: Start at the SE corner of NW 1/4 of the SW 1/4 of said Section 11, and run Westerly along the South lilW cd said NW 1/4 of 5W 1/4, 30,00 feet to the West right-of-way line of ljighl~nd Avenue; thence run Nortnerly along said West right-of-way line 465.00 feet; thence run Westerlv 20 feet to the ~,O.B.; thence continue Westerly 180 fel~t; thence run Northerly nlong a line parallel to the West right-of-\v0.Y line ,~)f Highla.nd 250,5 feet; thence run Northeasterly 154,92 feet to a point whicn is located 360 feet Northerly and 69 feet Westerly of the P,Q,B,; thence ~ run Easterly 69 feet; thence run Southerly parallel to the West rignt-uf- JJ1~) \'Iay 1 ille of Highland Avenue 360 feet to tiw P. Q, B, )'?{ Sul5ject to Easerrents and ~strictions of record. . . ~. . TOGETHER WITH all and smgular the tenements, hereditaments and appurtenances thereunto belongIng or appertaining; and every right, title or interest, legal or equitable, of the said party of the first part of, in and to the same. successor~3 TO HAVE AND TO HOLD the same Unto the said part y of the second part, i t- ~ ~ix:Kand assigns, toi t- ~ own proper use, benefit and behoof forever. IN WITNESS WHEREOF, the said party of the first part has caused these presents to be executed in its name by its City Ma."ager, City Clerk, ~oun,,~~!.ai~~e~ py its Mayor-Commissioner, and approved as to form and correctness by Its City AttorneY..~~_IfS <:brpoFdte\eal to be hereunto attached, the day and year first above written. r.:: IJ ;; "v\r. ~ . ,,' \" \ . ~~'V'!"..'~ ..h',' CITYOF~L RW. ,T~..'::€4?RIDA B' .~.1.:~ counter. signe;;;d: / ~ .. , Qc"" 2 21 r~ '8S y. Act i ng. . City ~i:ei) ~ ~ ,.I :\. :; ~.,~.\. f~~ , /~ ~ '''- ~ ",-" ~ . i (Z'/7!cl~ . A~f//) Attest:" t-- Mayor-Commissioner (Actin'~ ) '",-~<\..~itr i~r.k . .l~:E eEl V E D ',. ;).. I ,. ....:s, :.:.~ ,-..,,1 .".~.J."'..~..~u' , , - ... '(" \".' ... . '). \ \. \ . -' . . \ ~ - . '\ \ ""......- . \", '\ \ "...., < . ,/ O' c..h. 1" Chi ~i :~~. '17::~\'ITY OF CLEARWATEll l/~. f~. ~I Int. ~ A.// DEED OF CONVEYANCE' . . To. ~ f o. ()D Iif . STATE OF FLORIDA 852.15317 COUNTY OF PINELLAS YS- oRalJ 9!- D.R. S093 P~GE 2139 Signed, sealed and delivered in presence of: )~-.-.. , ) I. .1' r .),. [ /, OCT 1 7 198r Documentary Tax Pd. $......1.( .7..r.lM.. $.................... IntanRible Tax Pd. Karleen f. De Blaker, Oerk, Pinellu County 'By ..I.m::'.. .. .. . .. .. .. .. ~ Deputy Oerk ~/ ~ . APproved. aSJo fbr~l.an .. 71.oJr.re~.tn_.e~s: I... ~,/C (( (t'; '/ile !(ClL L Cit,r Attorney I "l'I'l.'Y 1-\-,.L C Ll:.l:iJ. STATE OF FLORIDA COUNTY OF PINELLAS This instrument prpoared by: M. A, GALBRAI'rH, JR" Citv j'"ttonwv City uf Clearwater, P,O. ~ox 4748 > Clearw~tor, Florida 33518 I HEREBY CERT~FY t,hat on. t~i~ ~ 1 th d':lY of Oct:?ber f.. D. 1,9~, before me personaJlyappeared G~r:lld 8, Wellner, M. h. Galbrcllth Jr, C'ntlua E. Goudeau and Don ~ld .vhnner respective y ity . anager. City Accorney, City Clerk an~~tb1f.t:ommissioner of the City of Clearwater, a municipal corporation existing under the laws of the State of Florida. to me known to be the individuals and officers describeJ in and who executed the fore- going conveyance, and severally acknowledged the execution thereof to be their free act and deed as such officers thereunto duly authorized: and that the official seal of said municipal corporation is duly affixed thereto, and the said conveyance is the act and deed of said corporation. . . WITNESS my signature and official seal at Clearwater in the County of Pinellas and State of Florida. the day and year last above written. l' ....,. j . j . . \ 1 -.A..L44~ Pub ic State ot F orida'!,t Larg~ .. \,. ...."'''10 '\.)) My CommiSSIon Expires: ., : ',' :." '1\'. , .' .,. . \'" .' l' \ '. ..,....,~. .~~>'.:~ : ,HI"'" NolJfV P:JiTc. SLllc of rb:~a ;.Av (om:l!i;~:Jl [l.tl;lr~ ~.::,;. t 1986 ~l'lll;"~ '~':>J II'Y j'un h.UHH.,u.luc~ ,,.. / / J fl4-- I /";:../ /V....~/'---,..d - ( > ( <'''', 7' ~t' 'I I)-()~' (Lf;;.) J I I '-" '.(J" . .~ .c. /(/ i '~. " -.~ '. ' --- " . . \ I I - .. ~, -, .. \ - PAGE 2 OF Form Approved OMB No 6.}.RI L SETTLEMENT CHARGES . PAID FROM PAID FROM BORROWEU SELLER'S FUNDS FUNDS 700 TOTAL SALES/BROKER'S COMMISSION Based on price I @ %= AT SETTLEMENT AT SETTlEMENT OiVlSion 0' commission (lme 7oo) as follows: . .- - 701$ '0 ""-- 702$ fo 703. CommissIon paId al selllemenl ---- ----..-. ._- 704 none 800 ITEMS PAYABLE IN CONNECTION WITH lOAN. 801 loan Origmalion lee '. ------ -- .-. __.__n__.__ ..- -.--.--- ..- --- -- --..--.-- -------- BO/ loan DlscolJnl ., - ----.--- ------..--. ~-,- ------- 803 Appraisal Fee to -------- 804. Credit Report to 805. lender's inspection lee 806. Morlgage Insurance application fee to 807. Assumption Fee -- -----. 808 809. , , Bl0, 811. . 9OO.ITEMS REQUIRED BY lENDER TO BE PAlO IN ADVANCE. !I01.lnleresl from to @$ Iday 902. Morlgage insur~nce premium lor mo. to !103 Hazard insurance premium for yrs.lo 904. V's. to 905. 1000 RESERVES DEPOSITED WITH LENDER 1001 Hazard insurance mo@S per mo. 1002. Morlgage insurance mo.@$ per mo. . 1003. Cily properly taxes mo.@S per mo 1004 County properly taxes mo@S per mo 1005. Annual assessmenls (Main!.) mo@S per mo 1006. mo @S per mo. 1007 mo@S per mo ., 1008. , mo @$ per mo 1100 TITLE CHARGES: 1101. SeWemen' or closing fee 10 1102. Abslracl or tille search 10 1103 Tille examination 10 1104. Tille insurance binder to 1105. Document preparalion 10 1106. NOlary fees 10 1107 Attorney's lees.o 10 ,inc/udes above items No --- -- - - ---- ------.--------------_.. 1108. Tille insurance to Stewart Title of Clearwater 383.00 (lneludes above r'ems No 1109. lender's coverage 5 1110 Owner's coverage $ 95 000,00 1111. 1112. 1113 1200 GOVERNMENT RECORDING AND TRANSFER CHARGES 1201 RecordIng lees Deed $ Q.OO Morlgage S Releases $ 9.00 - 1702 Clly/counly taa/slamps Dee~ 5 MOllgage S --------- --..-.-- -,------.---- n_ 1203 Slale laA/slamps De.~ S .475...00 Mortgage S 475,00 -. ."--.. ._~ .--. -- -.-- .-. .-- - ... .-. .-..-- ---- 1l(l.l ------"--- -'-' .-- ---------_.,-------- ..-- -~._- ., --- .----- ~- -------- n. .- I!OS ------- --.---.--. -.-.-----.-- -,._-- -- -----,----~---- -- ----- --- -- no; ADDITIONAL SETTLEMENT CHARGES U\J, Survey 10 _ ..._....-..Q.Q C' - ... --.-- .-..- - - 13U2 PeSI Inspection 10 _!1 L il___ . ---- - --.,- ----.--.-- --------- - -.. - 1303 -- ..----- -----.--- - - .-. ---- ..- ----- -.-..-- -. - - - , )(l.l .. . - ... ---,---- .-- . -- _._~-- ---------- 130S l~OO TOT Al SETTLEMENT CHARGES (entered on lines 103. See/IOn J and 502. See/Ion K) 867,00 _n HU!ll Hr'\' ~ SELLER'S AND/OR PURCHASER'S STATEMENT Selle's and Purc~as'l s signature ~ereon ac.no..ledges hls"~eIJ approval 01 tax proratIOns. and slgnrlres th." underslandlng I~at prorations were based on fl~ures.or preceding year. or e,ll males lor current year and In event O' any c~ange for currenl year. all necessary ad/uslmenb must be made bel..een Seller and Purchaser dIJecl. hkewise any DE ICIT In dehnquentlaxes Will be reImbursed 10 T,lle Company by Ihe Seller We approve Ihe loregolng selllemenl slalement. in i.s entirety. aul~ollle paymenls in accordance Iherewlt~ and ackno..ledge recelpl of a copy thereot S'gnalur. .c.. i t Y of r.lp;JTI..1;JlpT -. Suo.se..L-Loasl Const ruet ion, Inc. -------.------ .b y: _u_ -------~---- p----- -"------ by: .,~ ---.- -----~-- ---~.- -- .- ... Kim L..._12pl ashaw. Prpsidpnt Sell.r Purchaser .-.-- ... - .. . -.. . .- .-~. - . . ..".... , , I , .- '- .. \ , . ,'.11 " ,. A US DEPARTMENT OF HOUSING ANO URBAN OFVElOPMFNI B TYPE OF LOAN >.-.-. i t H!' ? I H,1Ii;' j CON V tpmJS ~ V'\ 5 C()tJV IN" h rill rJ! i,.1nf H I ~ I O,~N Nllr,lHf H _8.~Q8.0048 -~. ------- -. H f.';JH I (; !~JS CI\SE r;f) SETTLEMENT STATEMENT C NOTE lhl~ fo~rn IS flHnlsl1ed toglve you a statement of actllal SI'IIleml'llt (o';h 'ArllOrlllh 11,11(1 III illllllly 11'.' :",I!I''''II'111 aql'1l1 ,,~~ ,I~"t..rl Iterns Illar kel! Ii! 0 c I wel e paid outside the closing tl1ev afe shoWIl 111'1 e 101 1'1101i1l,11iOIl.l1 1':11 POSllS itnll ,11 ': "01 11:'.iudl'i1 If! tile Intah 0 NAME OF BORROWER E, NAME OF SElLER IF. NAME OF LENOER - SUNSET COAST City of Clearwater nla CONSTRUCTION, INC, . f>1 Lt~ I FY~ I an~ 1~Xn. G PROPERTY LO'CATlON H. SETTLE MENT AIIENT L SETTLEMHH OATE NW! SW! . a part of of 0 Stewart Tit Ie of Clearwater Oct 1 I 198 Section 11 Twp 29 S, PLAr:E OF SETTlEMlNf-.- ---.----_._-- .. , . , Range I 5 E, 1290 Court Street PineIlas County, FIa, rlL>!>T..l t L> T l<'1~r~"., 1. 1. <;. 1 I;. J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SElLER'S TRANSACTION II'C, GROSS AMOUNT DUE FROM BORROWER: ~(l<1 GROSS AMOIINT DUE TO SElLER: :~jl ((inlr.lcl sales price 9') OOQ.o_O<L- -101 CO"I'ilC1 S.'ll(!f.; lllke 95. 000~..lliL _.- ,-~-~- 10) Pf'f~olla! pJoperly - -~-----_-'.- 4U2 p(>, ~pn<ll "lllPf~II\' --- .-- 1(13 SPIII,menl charges 10 borrower >irn~ 14001 _ ____86 7..00_ .103 -- -.---.- ~ I .OJ .101 ----~-- ~n~ 10~, Adjustments lor items rim! by seller in ;j(bance Adjllsllllents lor ItCI1l~ paid IIY seller in advance '!."i (11v 'Iown la.c~ If .~q{) r.;IV'/I()~n 1(1)(') to .------ ----.-----. ----~----------- ~07 County falCes :0 40~ ("lIl1ly lJXt~S to -- -.-.------- --------- -----< - iOB A~5e':isrnent!lo If ~~le (\:,:.:,\;"...rtllll1!s 10 ---.------- --~------ . -. ._. ~-_.__._- 109 10 409 10 - ------------ -----.--- -.---.- ..~ - ----~-..--,------- .---..- 110 lu .110 10 ..- -----.-------- ---.--- .----, ..------- ---- .- 111 10 411 10 --~ ---- ----.-. - - ---- .,---- ... .. --'~ ------ -.- . " to 1':' to ; GROSS AMOUNT OUE FROM BORROWER: ~;'" GROSS AMOllNT DUE TO SElLER: g') Q'l,867,OO oon no "., AMOUNTS PAID BY OR IN BEHALF OF BORROWER: !m REDUCTIONS IN AMOUNT DUE TO SELLER: .'i~ 1 De;10SII Of earnest money _~.,.5 QU.!.QJL_ t~IxTXIlC'pnsll (Sr.{' H15!1urllOflS) I Sel leT 9 ..20..0 ,OCL -- ,~;: f'lInClpal .1mounl of new loafll~~ ~2 St~1IIemr.1I1 cha1llp.s, 10 spller !lif/t' :400; -0- ----. ---- - .'.lJ I "Sling 10an'SI ta.~n sublPCI 10 SO) E ..,stUllj In,llllSI lilk~n s.tJb:~rl tn .-.-- - ----..---. --------- - .,()~ 504 Pavoll 01 ILrSIIllortQage IOtlfl .__.- -- .-. ---~--- -.------ .- ~']) ~05 I'avo" 01 ",r.ond morlgalJe loan -.. .- .-')6 506 .'.- SOl -- --- -- :'. ~~ 508 ..n___ -------.- - " ",1~ ;~r.lustments tor Items unpaid by seller ^<tllls1mellts for ilems unpaid tJy seller. n._ <!'i '~~...I) tales 10 ~10 CllyllnwnlaJl's III - -' -- - e';'-', Ltl(>S 10 ~111 r. [Jlml~' 1 ill f~S 10 .., :. - .--.--- .- '. "vnenls 10 'd.; ^"~I'"..rllPfl", In - .. .-- .- tu 511 1,1 . - .________n_n__ --- _. _d___. -. "_ ___-0--- ___~ ._--~- .._- 10 51~ 'I' ..-- 'n" ---- ------ -----.- ---------- - 10 W, 1:1 ---. .- . --. ---- --------- -- _.--.- ..- '. 10 ~I" ,,, ---- ---,--- -- .-- ----- -~--"- -~----~--- -"--- - 10 III; In -. .. .. - -- -- -------.----- --.. .- -~--~---,. - 10 :oIR 1'1 --.-- ----------- .. - 10 ',I ~j 10 TOTAL PAID BY /FO~ BORROWER: 9,500.00 ','II TOTAL R[DUCTlON AMOUNT DUE SElLER: 9 500.00 I CASH AT SETTlEMENT FROM/TO BORROWER: ":~I CASIt AT SETTLEMENT TO/FROM SEllER: I . r;.o<.~ amount due "0111 !JI)I:ower limp /201 ,.1,1 GIIlSS ,1111011111 dlle III ..t~111'r ,I'll(: 4:'0: 95.000.00 I q') R1l7.00 'L~ss ~maunls paid hy /f/)I horrower IllI1e 201 9,500,00 w.' Less lolallel!urlions ill amount due seller (line 5201 n cn" ",.... , . CASH LicFRDMI I~ TOI BORROWER: 86.367,00 .1 CASIt Ii< Xl 01 Ii.) fROMI SELLEIl ~<; 'inn nn * (~ /~ t ;:::; t':;r~rr....cL- HUD-l (Rev ~16) '".\.- , I t., t.-J ., .t;" OF CLEARWATER (10M 10.84) *Cas {e/~ctteck to: STEWART TITLE I,A'S ... AGREH~T FOR PURCHASE AND SALE or REAJESTATE ~ :'1>.--,", "'L.. THIS AGREEMENT, made and entered into this I '3 <IA- day of ~d"~. a municipal , A,D" 1985, by and between the CITY OF CLEARWATER, FLORIDA, corporation, hereinafter referred to as Seller, and SUNSET COAST CONSJRUCTION ING A Florida Corporation, 611 Cleveland Avenue, Largo, Florida, 33540 hereinafter referred to as Purchaser. WITNESSETH: That in consideration of the payments and covenants herein provided, and other good and valuable considerations, Seller agrees to sell and Purchaser ~ to buy the following described real estate situate in Pinellas County, Florida, to wit: A part of NW ! of SW ! of Section 11, Township 29 S, Range 15 E, being more particularly described as follows: Start at the Southeast corner of NW ! of the SW ! of said Section 11, and run Westerly along the South line of said NW ! of SW !, 30.00 feet to the West right-of-way line of Highland Avenue; thence run Northerly along said West right- of-way line 465.00 feet; thence run Westerly 20 feet to the point of beginning; thence continue Westerly 180 feet; thence run Northerly along a line parallel to the West right-of-way line of Highland 250.5 feet; thence run Northeasterly 154.92 feet to a point which is located 360 feet Northerly and 69 feet Westerly of the P.O.B.; thence run Easterly 69 feet; thence run Southerly parallel to the West right-of-way line of Highland Avenue 360 feet to the Point of Beginning, The total purchase price for said property shall be the sum of Ninety-Five Thousand Dollars ($95,000.00) net" payable at the times and in the manner following: (a) Four Thousand, Seven Hundred and Fifty ($4,750.00) received as bid deposit, receipt of which is hereby acknowledged. (b) Four Thousand, Seven Hundred and Fifty ($4,750.00) due and payable after acceptance by the City Commission. (c) Balance of Eight Five Thousand and Five Hundred ($85,500.00) due and payable at closing, which closing shall be within sixty (60) days of execution of this Agreement. Purchasers agree that all deposit money paid to the Seller shall be forfeited should the Purchasers fail to close this transaction by the date herein specified. -1- . (' -==) ( ; ,;/1 ' .'. c(_./' f,. " ..? / '~")i' r,,, ',~' ~( ".',~ ';1 / ,,..--. s IJ;/ ;',~ J s> 7:.)- :'1.) ~ ..,...~ '".: . ,. I I IN CONSIDERATION,WHEREOF, Seller agrees to convey said property to Purchaser by good and sufficient Fee Simple Deed, with a fee simple, marketable title, free and clear of all encumbrances of record. Purchaser, shall at its own expense pay all costs including title lnsurance, survey, recording deed and the documentary stamps to be placed thereon. This Agreement shall be binding on the respective personal represen- tatives, heirs, executors, administrators, successors and assigns of the parties hereto, IN WITNESS WHEREOF, the parties hereto have set their hand and seals the day and year first above written. WITNESSES: SUNSET COAST CONSTRUCTION, INC. L~ 't f)J-L<<"r Kim Delashaw, President c!~ V h ~ftAt~ 4~ As to Purchasers ~ PURCHASERS CORPORATE SEAL - - ~~ Attest: counb:~~ned : / /' 0A~~'. ~,Ak fJ. City CVerk ACTING SELLER . Approved as to form and correctness: ~~ Cit y Attorney ACTING