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BOARD OF PUBLIC INSPECTION PINELLAS COUNTY FLORIDA - -~ I -, CITY OF CLEARWATER Interdepartment Correspondence Sheet I TO: Cynthia E. Goudeau, City Clerk FROM: M. A. Galbraith, Jr., City Attorney ~ RE: Purchase from School Board of Pinellas County For Relocation of Sanitation Complex DATE: September 19, 1989 The subject purchase has been completed and enclosed are the following documents: Settlement Statement Title Commitment # C-9912-494248 issued by Stewart Title Guaranty Company Title Insurance Policy # 0-9902-447978 issued by Stewart Title Guaranty Company Fee Simple Deed Copy of Survey, and a copy of my letter to the surveyor describing errors found on the survey, MAG:jmp Enclosures Copy: Daniel J. Deignan, Finance Director w/copy of Settlement Statement R~qq 1ft (g1 Q.~ p~ (J~ ,. ~ ",&t;) k I~--lq-/~ (!)f2- 7Dfi3 f~ /3;Z7 (\ { . RECEIVED ~ I~ :P~- r.J" i ~~ N k)1(LJ rJ-::ZC?-/S/ ~)7/t<t 'r I CI..ERJc FORM ~32 FLORIDA Fee Simple DO,," ~ execu tive line o 8 9 2 2 l~ 3 8 5 89080070 [ OR 7 0 8 3 PG 3 2 7 ~hig l1nbtnturt. rrherCl'er used herein, the term "party" shall include. the heirs, 7Jrrsonnl reprpsrnfnfh't's, Sllcc('s~'ors and / or assitns of the respectit'e p(lrtil~," hereto,' fill' IIS(' of the sing"lt/of' II/OJ/ber shall includl! the plural, and the plural th" singul",.,- (hf' IISf' of ony grnnrr sholl !}I('fluff' all gcwil'l's; (ou/, ii used, the term, "note" .~'hatl include aUthe notes herein d.e....'c/'itJ/'d if mOf'(' than one Made this eighth day of September A.. D, 1.9 89 irtwrru THE BOARD OF PUBLIC INSTRUCTION, PINELLAS COUNTY, FLORIDA n/k/a SCHOOL BOARD OF PINELLAS COUNTY, FLORIDA That p 29 Sou 1/ 4 of record more p of the County of Pinellas party of the first part, and CITY OF CLEARWATER, FLORIDA, A MUNICIPAL pt), I3Jt ~7-Yt) (!/fL2/)tVdla~ /'1 of the County of Pinellas party of the second part, lIiturggrtq. that the said party of the first part, for and in consideration of the sum of ten and --------00/100------ Dollars, to him in hand paid, the receipt whereof is hereby acknowledged, has granted, bargain- ed, sold and transferred, and by these presents does grant, bargain, sell a.nd transfer unto the said party of the second part all that certain parcel of land lying and being in the County of Pinellas , and State of Florida, more particularly described as follows: rt of Lots 6, 7 and 8 of PINELLAS GROVES in the Northwest 1/4 of Section 12, Township h, Range 15 East, and that part of Lots 25 and 26, said PINELLAS GROVES in the Southwe t Section 1, Township 29 South, Range 15 East, as recorded in Plat Book 1, Page 55 and a so d in plat Book 3, page 15, both of the Public Records of Pine11as County, Florida, bei g rticularly described as follows: and State of Florida CORPORATION , (,3L/ f;, /? ".// 7~/g and State of Florida ,"') \,., -.\. \:J < , ' (. J' I ....~, / \) (.}V< From t e Southwest corner of said Section 1, said point also being the Northwest corner of sa'd Sectio 12, as a POINT OF BEGINNING, thence N, 00 deg. 08' 02" W along the West line of said Sectio 1, 332.96 feet; thence S, 89 deg. 20' 01" E, 551.91 feet to a point on the Southerly ine of the S.A,L. Railroad; thence along said Southerly line by a curve to the right having a rad us of 281 ,93 feet, a chord bearing S. 77 deg. 04' 03" E, 12~.64 feet along an arc of 126.47 fee thence S. 00 deg, 10' 28" E, along a 10 Acre Line, 305,50 feet to a point on the South line 0 said S ction 1; thence along said South line, s 89 deg. 21' 54" E, 33,29 feet; thence S 00 de 25' 21' W, 298,77 feet; thence N. 89 deg. 20' 04" W, 709,76 feet to a point on the West line of sai Section 12; thence N. 00 deg, 25' 21" E, along said West line, 298.39 feet to the POINT F BEGINNING. J,If'i-' Subject to all easements and restrictions imposed of record. C! ,.., t '~""- "~~:Jl, r, /. ,~,- Wugrtqrr with all the tenements, hereditaments and appurtenances, with J'1 "Tmery pnvile~e, ri~ht, title, interest and estate, dower and ritht of dower, reversio,!J, ~::~:,:; 'remainder and easement thereto belontint or in anywise appertainint: ~' .:.'.::J;.~-;: ..eft :::::::'-;J-;;{' r;;; I"t", ,"' .- , '~: , r2 ;;itf~ co >: S-:,~,~ . ~. ':.:::~: ~:':>7r ;X F,J::; <:Un ]f{nue nub tn ]f{nlb the same in fee simple forever. ':i~~V ~OTAI" ~ O. :::,r:I ..,v- ('J'I" , .. \U ~ I~ U'I --.I 11u lIitnrng IIqrrrnf. the said party of the first part has hereunto set his hand and seal the day and year above written. h -~ ~ ~ J ( :QI ~f " ....;:.: n/ . " ..'; T Rti~ORU LNG l CHECK~ Tf)T~\L~ ~ !." "', ,~- I , ""....: ~>.. :."",: ,_t"~. _.~ , \-;,; " , . l_e!'t. ~ (~ e__ AMT ~ T~ND,ERF.C: ('wAh' '. '" " I J.. -() J 5'-() I (;,) :i...i :-: r::-: /?~~ /,J,.'}, ~,~ .<"i.~~'~ ./ 01'-( /"",";":""" , - ~tatr of lJnort~a (!!OUltty of PINELLAS OR 7 0 8 3 PG ' 3 2 8 } 3J lltrrrby (!!rrttfy That on this eighth day of September .11. D, ]9 89, before me personally appeared THE BOARD OF PUBLIC INSTRUCTION, PINELL COUNTY, FLORIDA n/k/a SCHOOL BOARD OF PINELLAS COUNTY, FLORIDA to me known to be the person described in and who executed the fore~oing con- veyance to CITY OF CLEARWATER, FLORIDA, A MUNICIPAL CORPORATION and severally acknowledged their free act and deed for the uses and purposes thee.l:ecution thereof to be therein mentioned. lilIIttltrllfl my signature and official seal at in the County of Pinellas year last aforesaid. C learwa ter ,.,.\1' and State of Florida, th('~f1'Y and , ""I ..... (': / ~'v">..\'-' , /' <;;, .-. , .../// (/ ' /{';.~A: ;~ <:j;',: ;1.,;) //' 4.r //t ~ No a.ry Pu;blic ofV:lqri~li l .:. ~:.. \ '\ ~ :- ". .'.'''~ . THE SCHOOL BOARD OF PINELLAS COUNTY,' FLORIDA reserves as to an undivi~d>~/~ ih'.te{~S'i ~ .-:. ,_, .t_ _ '''; :""1 .,..", "'<I,:",J '_'_ ". '-:." .,i'_,'" in, and title in and to, an undivided 3/4 interest in all thephosphate';,.~i6~r:a1s"5!j\d metals that are or may be in, on, or under the above described real estate'~:~nd ahi/: undivided 1/2 interest in all the petroleum that is or may be in or under said ):aif:ld with the privilege to mine and develop same, ,::,':: J~fy Commission Expires 0-024 9~ ~ --~"~1 This Instrument was pr",n~r<>tl bY' STEW ART TITLE OF CLS:,r:' ,".1m MIKELL L, S'!'~,.2ERMAIN Bt: ~--- .--- '200 Court Slr"",t Cl~a:water, FL 3',~16 ;~-,'r1,,"':,'\':tI. . s ,,"en"" 0d ."- ' Which Instrurnenc wa Cd, . -, ,;{ . , ,', ~'ct Title Insurance ].0,,"" , to writln'il .... i~i ..~ ~ I ..~ . fa II I I " o E- 69 90 60 , II ~ I I~ '111 ~ 1'1 ;$ Ill, ~ III [S I Iii ~ !"I ~ Iii !:ii!1 ~,!! E- "',I 00 , ~il = ,~"ri< 'I; =1',', "qQi,I," :i' Ii :~t:;i I \1 II, iilflll III ~i 1IIIill ::.Ii: i ~ ! 010H 3'111 UfYM31S 0330 ~9f"Zl69 _.~~ r ~,' ,~~ /"'~d,.,."',',/~,, /W~ 2:",7'." '.6:,", ,,', L?-~,', c""'-:::,-' .- ~ ;/ /' ,/, ;/ ,,TT..7 . - c-. ... Iagal ~.i.ptiQn: 'Dlat part of IDta 6, 7, and a of pine-lIas Groves in the Northwest ~ of section 12, ~ ship 29 South, RaD:Je 15 EaSt, and that part of IDts 25, and 26, said Pinellas Groves in the Southwest ~ of Sectia11, ~p 29 SOUth, Range 15 East, as t;:.e(X)~ in' Plat, BOat 1, Paga 55 and aJ.ao Plat Book 3, Page 15Pqblic IecOrds of Pinellas County, Florida, bem;J,ume ~ly QescribeQ'as fol~: ' '. Fxan tbe SOUthWeat OOrJ1erofsa.i.d section 1, said point also being the No~t comer of said Sectia112, as a POINT OF BEGINNING, thence N OoOOa'02"W a.l.cn1 the West line of&ai.4 Section 1, 332.96 feet; thence S a9'>2o'Ol"E, 55&.91 feet to a point an the Southerly lJ.nla of tbe S.A.L. 9ai.lroad; thence a.lonq said Southerly line bya curve to the rightbavin:] ..a. radius of 2814.93 feet, a cOOrd beariBJ S 7,o04'03I1E, 126.44 feet along an arc of 126.47 feet; tbence S Go010'28I1E, al.cD} a 10 Acre line, 305.50 feettQa point on the SoUth line of said Section 1; thence aloD:.J said South 1~, S 89021'54''E, 33.29 feet; t;henc1eSOoO 25'~1-W, 298.77 feet; thence N a9~O'04"W,709. 76 feet to a point an the West1.j.ne()fsaiQ Sect,ion12; thP.nceN OO~5' 21"E, along said west line, 298.39 feet to the POmrOF ~. c.ant:aining 43S3~1.409 square feet or 9.99 ~ M.O.L. . ~ M ~ 00 o I HEREBY CERTIFY THAT THE SURVEY REPRESENTED :HEREON MEETS THE MINIMUM REQUIREMENTS OF CHAPTER 21 HH-6, OF THE flORIDA ADMINISTRATIVE CODE. DATE:c:5~/~t?'? OWN,.: ../4"4 a INY.Ne. ~*,-,f$44 ... EVANS LAND SURVEYI,NG ~~. . ... ,~PI_ . Ra. RIQ.No~ 2937 1780 MAIN STFlfEET - UNIT 0 DUNEDIN, FLORIDA 34698 PH; 734. - 3821 a&~.tV~~r,f~~Y , ; . -, -~.' ;......!> j'~I,- -.:.- ~,.","~~,...., .";,,,ii ,i.,,~. i" :I,,~. Y. '(,' _.:........~-. ~~.,./ ,. t 'J~:,/ _ ;.!'~., ",_.--", ,'7 ~~~ ~-6.0 ,~t '~ ~, ,,/- ,." - ' \ ~~ ~( I ~ ,~I ~ ~~I "" ~ :.1 ~\ i\ ~I 1\'\- , ,11 \' '" ," J I J \, /l ~',\) " \ I ~ , I \ ~ I ~ I ~ ~",\l ',' III ~ \ \J , \ ~ I \~ ) '\ ~ ' \'J I" 1,\ I '- ~" '~ \ J '\ l I '\J ,I) !\ \.1" '( ,j fJ " 50' I -'''-- I /1 .J.. 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R \V ATE R . t-"~ ;~#<:_.,-:. .... ' .:~. POST OFFICE BOX 4748 C LEA R W ATE R. F LOR IDA 3 4 6 1 8 - 4 7 4 8 Office of City Anorney (8' 3) 462.6760 Mr. Larry L. Evans Evans Land Surveying 1780 Main Street, Unit D Dunedin, FL 34698 Re: Your Survey of Part of Lots 6, 7, 8, 25 and 26 of Pinellas Groves Subdivision September 12, 1989 Dear Mr. Evans: The City of Clearwater has purchased a tract of land from the School Board of Pinellas County consisting of part of Lots 6, 7,8, 25 and 26 of Pinellas Groves Subdivision, located in Sections 1 and 12 of Township 29 South, Range 15 East. We ordered a survey of the property from your company, and your survey is dated August 29, 1989. The transaction closed on Friday, September 8, 1989, despite a number of errors which were found in your survey. The errors in your survey included the following: 1. In the top left corner, there is an erroneous reference to Stewart Guaranty Company. 2, 27 South. In the top right corner, there is an erroneous reference to Township The property is located in Township 29 South. 3. You picked up the 40-foot right-of-way easement, but the easement is recorded in Official Records Book 6395, not 3695. 4. You did not pick up the easement which is recorded at Official Records Book 2418, Page 448. 5. In the legal description, you corrected the northern boundary to show a distance of 551.91 feet, but you did not correct the length of the next course, along the southerly line of the railroad right-of-way, to show the (measured) distance of 127.64 feet, These errors did not prevent us from closing, but I am writing to you to bring them to your attention. Sincerely, M. A. Galbraith City Attorney MAG:jmp "Equal Employment and Affirmative Action Employer" ": 4 '.. I I MIS (Exp, 12-31'86) OMB No, 2502,0265 -. A. U,S. DEP,;iFMENT OF HOUSING AND URBAN DEVELOPMENT B. TYPE OF LOAN: 1. o FHA 2. o FMHA 3, o CONV, UNINS, 4, OVA 5, o CONV. INS, 6, FILE NUMBER /7, LOAN NUMBER 89080070 8. MORTG, INS, CASE NO. SETTLEMENT STATEMENT C, NOTE: This form is furnished to give you a statement of actual settlement costs. Amounts paid \0 and by the settlement agent are shown. Items marked U(p,o,c.)" were paid outside the closing: they are shown here for informational purposes and are not included in the totals, D. NAME AND ADDRESS OF BORROWER E, NAME AND ADDRESS OF SELLER F. NAME AND ADDRESS OF LENDER CITY OF CLEARWATER, FLORIDA, SCHOOL BOARD OF PINELLAS A MUNICIPAL CORPORATION COUNTY, FLORIDA CASH TRANSACTION G. PROPERTY LOCATION H. SETTLEMENT AGENT I, SETTLEMENT DATE: PART OF LOTS 6, 7, 8, 25 & 26, STEWART TITLE COMPANY OF CLEARWATER, INC. PINELLAS GROVES SEPTEMBER 8, 1989 PLACE OF SETTLEMENT 251st DAY OF YEAR 1290 OCURT STREET, CLEARWATER, FL. 34616 11 /1 DAYS REMAIN J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION 100. GROSS AMOUNT DUE FROM BORROWER: 400. GROSS AMOUNT DUE TO SELLER: 101. Contract sales price 7/.0 ? <;n 00 401. Contract sales price 7/,0 ?<;n nn 102, Personal property 402, Personal property 103, Settlement charges to borrow (line 1400) 10.50 403, - 104, 404, 105, 405. Adjustments for items paid by sr';"!" in advance: Adjustments for items paid by seller in advance: ... 106. City /town taxes to 406. City/town taxes to 107. County taxes to 407. County taxes to 108. Assessments to 408. Assessments to 109, 409, 110, 410, 111. 411. 112, 412. 120. GROSS AMOUNT DUE FROM BORROWER: 749,260.50 420, GROSS AMOUNT DUE TO SELLER: 749,250,00 200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER: SOD. REDUCTIONS IN AMOUNT DUE TO SELLER: 201. Deposit or earnest money 501. Excess deposit (see instructions) 202, Principal amount of new Joan(s) 502, Settlement charges to seller (line 1400) 2 372.75 203. Existing loan(s) taken subject to 503, Existing loan(s) taken subject 10 204 504. Payotl of first mortgage loan 205. 505. Payoff of second mortgage loan 206. 506. 207, 507. 208, 508, 209. 509, Adjustments for items unpaid by seller: Adjustments for items unpaid by seller: 210. City/town taxes to 510, Cityltown taxes to 211, County taxes 10 NONF. 511. County taxes to NONE 212. Assessments to 512, Assessments to .. 213 5t3, 214. 514, 215, 515. 216, 516. 217, 517. 218. 518. 219, 519, 220, TOTAL PAID BY/FOR BORROWEr> V1 520, TOTAL REDUCTION AMOUNT DUE SELLER: 2,372.75 300, CASH AT SETTLMENT FROM/TO BORROWER: 600, CASH AT SETTLEMENT TO/FROM SELLER: , 301. Gross amount due from borrower (line 120) 749,260.50 601. Gross amount due to seller (line 420) 749,250.00 --- 302, Less amounts paid by Ifor borrower (line 220) V1 602, Less total reductions in amount due seller (line 520) 2 ~]7 2. 7 5 303 CASH (00 FROMI (0 TOI BORROWER: 749,260.50 603. CASH lKJ TOI 10 FROMI SELLER: 746,877,25 (Rev. 3-66) o 6~(~)~B4305,2 .. .. I " , I MIS CDI I -: PAGE 2 OF OMS No. 2502-0265 ,. ., PAlO FROM PAID FROM L. SEnLEMENT CHARGES BORROWER'S SELLER'S FUNDS FUNDS 700, TOTAL SALES/BROKER'S COMMISSIO:, ,aBed on price S @ %= AT SETTlEMENT AT SETTLEMENT Division of commission (line 700) as foilows: 701.$ to 702, $ to 703. Commission paid at settlement 704, 800 ITEMS PAYABLE IN CONNECTION WITH LOAN, 801. Loan Origination fee % 802, Loan Discount % 803, Appraisal Fee to 804. Credit Report to 805. Lender's inspection fee 806, Morlgage Insurance application fee to 807, Assumption Fee 808. 809. 810, 811, 900,lTEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE, 901. Interest from to @$ Iday 902, Mortgage insurance premium for mo, to 903, Hazard insurance premium lor yrs, to 904, yrs. to 905, 1000, RESERVES DEPOSITED WITH LENDER 1001. Hazard insurance mo. @$ per mo, :,; , '" ....,:.'".'" 1002. Mortgage insurance mo. @$ per mo, .:',":...,','.. ....c."...' '''','..';:'' 1003, City property taxes mo. @$ per mo, ...,:." ....,:'.,:: .'..".."., ,:." 1004, County property taxes mo, @$ per mo, :.;' , " 1005, Annual assessments (Maint,) mo, @$ per mo, ""," .i;~' : .,' >; 1006, mo, @$ per mo. " 1007. mo. @$ per mo, I:." 1008. mo. @$ per mo. , .' 1100, TITlE CHARGES: 1101. Settlement or closing fee to 1102, Abstract or tille search to 1103, Tille examination to 1104, Tille insurance binder 10 1105. Document preparation to 1106, Notary fees to 1107. Attorney's lees to to (includes above items No ,'.';'. '. " '. .'i ,. " . "'~;--"'" ;",; 1108, Tille insurance to STEWART TITLE COMPANY (? i72 7')' ? i72.75 (includes above items No,; I ';' .',.:::,,\ "T , ~,,'t ,,' ""'" , " 1109. Lender's coverage $ <~ .j ~.;,:;;.[-.iC;;. :",:, 1110, Owner's coverage $ 7/,Q ') c.n nn ':"":::4' ::.,:0:.... ' ,.,i<', 1111 > 1112 1113. 1200, GOVERNMENT RECORDING AND TRANSFER CHARGES 1201. Recording fees: Deed $ 10.50 Mortgage $ Releases $ 10,50 1202, City /county tax/stamps: Deed $ Mortgage $ 1203. State tax/stamps: Deed $ Mortgage $ 1204. 1205. 13oo,ADDlTIONAL SETTlEMENT CHARGES 1301. Survey to - 1302, Pest inspection to 1303, 1304, 1305, 1400. TOTAL SETTLEMENT CHARGE.,S (entered on lines 103, Section J and 502, Sec~ ) --10,50 2 372.75 CERTlFICA TIDN: I have c~~~~:ed 1I/~D" Settlement ljItt, ~andtoat'my~ea~f,itisatruea'" ~m:t~:n~O~bymeinthistransaction.,furthercertity Ihall have receiv:d a c,jly U ettl '. .Y/ "!<'()RTi:JF rT'l'V ()f.' r1'" ^ 1<'1 I 1<' "'IlY'f'l.lJ:" n1<' P A7i-i DT f"\TnnA 80rrowers b~1 ~~ S ~ t~e ,> To the bel' o~rny ~owl ge~t~HUD';,Se~nt ~';:~ w e prepared is a Irue and.il.~~urate accounl ollhe lunds which were received and have been or will be disbursed by the undersigned as parI of e selllement of thiS Iransaclion, 7./ 1/./ P~fP Yf /I/1//!AL1-1/).// /'A- J SEPTEMRER B, 1<Hl<) Settl~_rr,fnt ~6~ ,--'" ---,-=-,'Y~ Dale SelLER'S AN / PURCHASER'S STATEMENT Seller's and Purchaser's signature hereon acknowledges his /their approval 01 tax prorations and signifies their understanding thai prorations were based on taxes for the preceding year, oreslimales for the curren I ear, and in the event 01 any change lor the current year, all necessary adjustments must be made between Seller and Purchaser: likewise any delaull in delinquent taxes will be reimbursed 10 Title Company by the Seller, Title Company, in its capacily as Escrow Agenl, is and has been authorized to deposit all lunds it receives in this transaction in any linancial institution, whether aNiliated or not. Such financial instilulion may provide Title Company computer accounting and audit services directly or Ihrough a separate entity which, il affiliated with Title Company, may charge the linancial inslitution reasonable and proper compensation therefore and relain any profils the reI rom. Any escrow fees paid by any parly involved in this transaction shall only be for check writing and input to the computers, but not lor aloresaid accountinQ and audit services. Title Company shall not be liable lor any inlerest or olher charges on Ihe earnest money and shall be under no duty to invest or reinvest funds held by it at any time, Sellers and Purchasers hereby acknowledge and consent to the depoSit of Ihe escrow money in financial inslitutions wilh which Title Company has or may have olher banking rolalionships and lurther consent to the retenlion by Tit, Ie Company and s affiliates of any and all benefits (including advantageous inlerest rates on loans) Title Compa 'ffiliates may receive f~Om sue' '. ulio s by reason oltheir maintenance of said e~rowmounts. ~ The parties have read the abov senten s, ecognize e italions herein r ateri ree to same, and recognize Ti mpany' elying the sa e, , ~ Purchasers/80rrowers Sellers lOe and imprisonment For delails see: Title 18: l),S, Code Seclion 1001 and Section 1010, ~ I I AGREEMENT FOR PURCHASE OF PROPERTY THIS AGREEMENT made and entered into the ~ day of ~...r 1989, between the SCHOOL BOARD OF\PINELLAS COUNTY, FLORIDA, and/~ assigns hereinafter referred to as "Selle~", and City of Clearwater, A Municipal I Corporation, hereinafter referred/to as "Buyer," I WITNESSETH 1. DESCRIPTION OF THE PROPERTY: In consideration of the payment hereinafter agreed to be paid by the Buyer to the Seller, and in consideratiqn ,~ , , of the covenants of the respective parties hereto, each to the other to be p$rformed by them at the time and in the manner hereinafter provided, the Seller does hereby agree to sell and the Buyer does hereby agree to buy the following Property located in Pinellas County, Florida, and legally described as: ADDRESS (LOCATION): Subject property is located at the northwestern boundary of the Clearwater Executive Air Park, and, more particularly, at the southeast intersection of the Keene Road right-of-way and the Seaboard Coastline Ra 11 road, LEGAL: See Exhibit "A" Subject site is a portion of Parcel 12-29-15-70182-200-0702, The final description will be determined by certified survey prior to closing, ~,' 2, PURCHASE PRICE: Seller agrees to sell the 10 acres MOL as identified above at the appraised value of seventy-five thousand and 00/100 per acre. The exact contract price will be determined by the results of a certified survey, < performed by a firm selected and obtained by the Buyer, (with approval of Seller) on the basis of $75,000 per acre measured to the nearest 1/100 of an acre, The said purchase price is payable in cash at closing (certified check) less any Buyers credits that shall be applied as advanced payment toward the purchase price and shall be deducted therefrom at closing, 3. CONTINGENCIES: This Contract is contingent upon the following: A. Seller obtaining approval from Florida Department of Education for the sale.of the subject site. B. Buyer obtaining written assurance from Pinellas County, SWFWMD, DER, as well as positive results from engineering and environmental analysis that the Property can economically be used for the city's maintenance facility. "-if) .' 05t.t.CjO) i I I 4, TIME FOR ACCEPTANCE/EFFECTIVE DATE: If this Agreement is not exe- cuted by Seller on or before the ~ day of August, 198~, and the Buyer on or before the 31st day of August. 198~, it shall be null and void, The date of Agreement ("Effective Date") sha1~ be the date when the Agreement is approved . and executed by the Buyer and Se1~er, 5. CLOSING DATE: This tr~saction shall be closed and the deed and all other closing papers delivered o~ or before the 29th day of September, 198~, unless otherwise extended in writing by Buyer and Seller or their representative. 6, POSSESSION: Seller represents that sole possession of the premises herein described shall pass to Buyer at closing, 7, EVIDENCE OF TITLE: Within twenty (20) days prior to Closing, Seller shall, at Se11er's expense, deliver to Buyer or Buyer's attorney, a title insurance commitment issued by a Florida licensed title insurer agreeing to issue to Buyer, upon recording of the deed to Buyer, an owner's policy of title insurance in the amount of the purchase price, insuring Buyer's good and marketable ti~le to the Property, subject only to those standard exceptions appearing in the owner's title policy which, from Buyer's standpoint, do not unduly affect title, and those items which shall be discharged by Seller at or before closing, Buyer shall have ten (10) days from date of receiving title " , commitment to examine same, If title is found defective, Buyer shall, within five (5) days thereafter, notify Seller in writing specifying defect(s) or the same shall be deemed to have been accepted by Buyer, If said defects render title uninsurable, Seller will have 90 days from receipt of notice within which ~I to remove said defect(s), and if Seller is unsuccessful in removing them within said time, Buyer shall have the option of either accepting the title as it then is or Buyer and Seller shall be released, as to one another, of all further obligations under this Agreement. However, Seller agrees that Seller will, if title is found to be uninsurable, use diligent effort to correct the defect(s) in title within the time provided therefor, in~luding the bringing of necessary suits, I i, 8, UPDATED TITLE COMMITMENT: Buyer shall have been furnished with the Title Commitment as required by Section 7 of this Agreement, and such commitment shall be updated at Seller's expense at closing with such update showing no change in the status of title as previously approved by Buyer. 9, CLOSING DOCUMENTS: Seller shall furnish to Buyer, at least seven (7) days prior to closing, copies of all deeds, affidavits or other documents which will be executed and delivered by Seller at such closing, which documents shall be subject to the reasonable approval of Buyer's attorney. 2 ... I I 10. MINERAL RIGHTS: Seller reserves an undivided 3/4 interest in, and title in and to, an undivided 3/4 interest in all the phosphate, minerals and metals that are or may be in, on, or under the above described real estate and an undivided 1/2 interest in all the petroleum that is or may be in or under said land with the priVilege to mine and develop same, 11, EXPENSES: A) Buyer will~ pay for the cost of recording the deed and I I Buyer will record same, Values fqr recording purposes shall be the price set i out herein, i B) Seller wi~l: 1) Pay for the title insurance per Section 7 above, and 2) pay for the cost of stamps on deed, if any, 12, PRORATIONS: The 1989 real estate taxes, assessments, rent, interest, insurance, and other expenses and revenue of the Property, if any, shall be prorated as of the day of closing. ESCROW TAXES: Seller shall place in escrow with the Pinellas County Tax Collector, funds to pay any real estate taxes due on the property through closing, This payment will automatically remove the subject property form the rolls, On day of closing, the Seller will furnish written confirmation from the Tax Collector's Office that taxes have been escrowed and confirmation from the Tax Collector's Office that taxes have been escrowed and the Property will be automatically removed from the tax rolls. 13. DOCUMENTS FOR CLOSING: Seller shall furnish Closi~g Statement and Buyer shall provide payment in cash at closing (cashier1s cheek), Upon the Buyer meeting the terms of purchase, the Seller will promptly execute and deliver to the Buyer a county deed conveying the Property to the Buyer, The Property shall be free and clear of all liens and encumbrances except as indicated in Item #18 of this Agreement. 14, PLACE OF CLOSING: Closing shall be held in the county wherein the ,,~. ~. Property is located, at the office of the School .Board Attorney or at the office of a designated closing agent as agreed by Seller and Buyer, 15. TIME: Time is of the essence of this Agreement, Any reference - herein to time periods of less than six (6) days shall, in the computation thereof, exclude Saturdays, Sundays and legal holidays, and any time period provided for herein which shall end on a Saturday, Sunday or legal hOliday shall extend to 5:00 p.m. of the next full business day, " ' 16. 'RESTRICTIONS. EASEMENTS. LIMITATIONS: The Buyer shall take title subject to: restrictions in matters appearing on the plat or otherwise common to the subdivision; public utility easements of record; taxes from the date of closing and subsequent years. 17. SUCCESSORS AND ASSIGNS: The covenants, provisions and agreements herein contained shall in every case be binding on and inure to the benefit of the parties hereto respectively, and their respective heirs, personal representatives, administrators, successors and assigns, , I, 3 , /, ~ ~ I I ~ ~ 18, SPECIAL ASSESSMENT LIENS: Certified, confirmed and ratified special assessment liens as of date of closing (and not as of Effective Date) are to be paid by Seller, Pending liens as of date of closing shall be assumed by Buyer, provided, 'however, that if work on the said improvement has commenced as of Effective Date, such pending lie~ shall be considered as certified, confirmed or ratified and Seller shall, at ~losing, be charged an amount equal to the I last estimate by the public body pf assessment for the improvement, I 19, OTHER AGREEMENTS: No prior or present agreements or representations shall be binding upon Buyer or Seller unless included in this Agreement, No modification or change in this Agreement shall be valid or binding upon the parties unless in writing and executed by the party or parties to be bound thereby, Typewritten or handwritten provisions inserted herein or attached hereto as addenda shall control all printed provisions of Agreement in conflict therewith, 20. RELATIONSHIP OF THE PARTIES: Nothing contained herein shall be deemed or construed by the parties hereto, nor by any third party, as creating the relationship of principal and agent, or a partnership or joint venture between the parties hereto, it being understood and agreed that neither the method of computation of purchase price, nor any other provision contained herein, nor any acts of the parties herein shall be deemed to create any relationship between the parties hereto other than the relationship of Buyer and Seller, Whenever herein the singular number is used, the same shall include the plural, and the masculine gender shall include the feminine and neuter genders. 21. AGREEMENT NOT RECORDABLE: This Agreement or any reference thereto shall not be recorded in any public records, 22. BROKERAGE COMMISSIONS: Each party represents to the other that no brokers have been involved in this transaction. The parties hereby agree that if any cla~ms for brokerage commissions or fees are ever made against either party in connection with this transaction, all such claims shall be handled and paid by the party whose actions are the basis for such claims for brokerage commissions. The provisions of this Section shall survive the closing, and the delivery of the deed and other related documents, 23. SOIL TESTS: Buyer and its agent and representatives shall be entitled to enter upon the Property for inspection, soil test, examination and land-use planning prior to the closing, Such entry and testing on the Property shall not interfere with the Seller's use of the Property, Buyer hereby holds Seller harmless from any damages or liabilities, including attorney's fees, arising from injuries caused by Buyer, its agents or representatives in pursuing the Property inspection, soil testing and planning activities, etc, permitted under this Section of the said Agreement, This Agreement is contingent upon the findings from the Board's soil testing and evaluation that the said soil conditions of the site are suitable for construction of the proposed facilities. , i, 4 " ' . ,,1 I 24, ENGINEERING PLANS AND STUDIES: Upon the execution of this Agreement, Seller shall furnish to Buyer, for copying at Buyer's sole expense, all engineering plans and surveys, which Seller has, if any, relating to the Property, and all such information may be used by Buyer in such manner as it " desires; provided, that in the event Buyer fails to purchase the Property for any reason, all such information ;shall be returned to Seller together with any j , informati on that Buyer may have c~mpi1 ed wi th respect to the Property, 25, CONDEMNATION PENDING O~ THREATENED: The Seller warrants there is no I pending or threatened condemnation or similar proceeding affecting the Property or any portion thereof, nor has Seller knowledge that any such action is presently contemplated by parties. 26, COMPLIANCE WITH LAWS: To Seller's knowledge, Seller has complied with all applicable laws, ordinances, regulations, statutes, rules and restrictions pertaining to and affecting the Property. Performance of this Agreement will not result in any breach of, or constitute any default under, or result in the imposition of, any lien or encumbrance upon the Property under any agreem~nt or other instrument to which Seller is a party or by which Seller or the Property might be bound, 27, PENDING LITIGATION: Seller warrants that there are no legal actions, suits or other legal or administrative proceedings, affecting the Property or any portion thereof, nor has Seller knowledge that any such action is present1y contemplated, 28, RISK OF LOSS: fire or otherwise, until the Seller, 29, MAINTENANCE OF PROPERTY: The Seller shall maintain the Property, including'lawn, shrubbery, etc" between the date of this Agreement and the date of closing in the condition as it existed on the date of this Agreement, ordinary wear and tear excepted. 30, DEFAULT OF BUYER OR SELLER: If the Buyer fails to perform this Agreement within the time specified, all deposit monies paid by the Buyer may be retained by the Seller as liquidated damages or consideration for the execution of this Agreement and as full sett1ement of any claim for damages, and all parties shall be released from all obligations under this Agreement; or Seller at his option, may proceed at law or in equity to enforce his rights under the Contract. If Seller fails, for any reasons other than failure to , render his title marketable after diligent effort, to perform this agreement the Buyer may seek specific performance or elect to receive the return of his deposit without waiving any action for damages resulting from Seller's breach, 31. STREET VACATION/VARIANCES. ZONING. ETC,: Upon executi on of thi s Agreement by the parties, the Seller hereby grants to the Buyer permission to apply for special exceptions, vacations, or variances, as needed, I " , i, That the risk of loss or damage to said premises by the delivery of the deed or conveyance is assumed by 't'~. " 5 ~ I 9, . I . " 32, NOTICES: Any notice to be given or to be served upon any party hereto, in connection with this Agreement, must be in writing and may be given by certified mail, 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 Unit~d States Mail;'and, if given otherwise than by ! certified mail, it shall be deemed to have been given when delivered to and t received by the party to whom i~ is addressed, Such notices shall be given to the parties hereto at the follo~ing address: FOR SELLER: School Board of Pinellas County, Florida 1960 East Druid Road P,O, Box 4688 Clearwater, FL 34624 Attn:Scott N, Rose, Superintendent With copy to: James H, Mill er 1960 East Druid Road Clearwater, FL 34624 FOR BUYER: City of Clearwater Municipal Corporation P,O, Box 4748 Clearwater, Florida 34618 With copy to: Jim Hensley City of Clearwater P,Q, Box 4748 Clearwater, FL 34618 IN WITNESS WHEREOF, the parties hereto have hereunto executed this real estate contract the day and year first above written, BUYER ATTEST: ....1; ~'I *z. JJ- .~,. City Clerk ~lA.J~~ Executed by ~ on ~ II SELLER ATTEST: (Witness) BY P L~ b"g l A-/fy dz BY forms (Equity2.pur) CITY OF CLEARWATER, A MUNICIPAL CORPORATION BY: ~ , 1981., THE SCHOOL B FLORIDA BY ~~ /16?~ Ex-Officio Secretary (Seal) ,... \'. ..,~ LEGAL DESCRIPTION I I 1l. Lots 7 and 8 and part o( Lots 6,9, 10,and 11 o( PINEl-LAS GROVES'in the NW 1/4 o( Section lZ, Township 29 S, I Rangf! 15 E., as recorded in Plat nook I, Page 55. Puhlic Reco r~s of Pinellas County, Florida, more particularly described as follows: Be~in at the NW corne r of Section 12. Township 29 S., Hange 15 E.. and run thence S. 00 25' 21" W., along the West line of said Sedion 12 912.12 feet: thence S. 890 20' 04" E., 709.76 feet; thence , ' N. 0025' 21" E.. 912.50 feet t~ the North line of said Sr.C"tion 1.2; thence N. 890 21' 54" W.. alon$ the North line of sa id S,'r.tion 12. 709.76 (eetto P.O.B'. Containlnll 15 acres morr.nr IMP'. I " . 'l'hatpart of Lots 25 and 26. PINELLAS GROVE. in the SW 1/4 .of Sectlon 1, Township 29 S.. Rangt" 1 5 E., as recordt!d in Plat Book 1. Page 55. Public, ~ecords of Pinel1as County. Florid", described as Collows: . Begin,at the SW corner of the SE 1/4 of said Section 1, and run thence N .00 08' 02" W.. along the West line of said St."ctLon I, 332.96 (ert: thence S. 89020' 01" E. 513.05 feet to the Southerly line of the S.A.L.' Railroad; thence along the Southerly line o( the S.A. L. Railroad and a curve to the righ~ whose chord bears S. 770 04' 03" E.. 126.44 fef't, arc-126.41 (Poet and radius 2814.93 feet to the ten acre Une: thence S. 00 10' 28" E.. along the ten acre'line. 305 ~ 50 feet to the South line of said Section 1; thence N. 890 21' 54" W., al.ong the South line 'of said Section 1, 616.47 feet to the P.O.B. Containing 5 acres M.O.L. NO'tE: The above descriptlon is as it appea rs in deed to the Board of Public Il\structlon, recorded in O.R. Book 1341, Page 501. The description is erroneous In that Parcel'''B'' is lncapable o! mathematical closure hy approxi- mately 20 (eet. It appears that a mistake was made in the computation o! the int~rsectioll of the North property line 'With the railroad right- o!-wa)'. ALso the portion o! the plat of PINELLAS ~, GROVES in which the property Hes, is recorded In Plat Book 3. Page 15. not Plat Book I, PaRe SS, Less the fo11owirtg'desctibed'ttact: From the NW coroe,r of SectLl'll'\ 12, Tov.nship l.9 S,. Hal\j.!.': run S. 0025' 21" W.. along the West linr of said Spction 12, . I feet for the Point of Be~lnning; thf'n~e run 5. 890 20' 04" r." 709.76 (eet; thenct" ri1n S. 00 25' 21" W.. 613. 7 ~ fert; thf'nc(! rlln N.' 890 20' 04" W.. 709.76 feet; thrnce run N. 00 Z51 /.1" E.. ;\long the section line 613~73 (eet to the P.O,.B. Containing 10 acres M.O.L. Contai.nln~ 10.00 Acres - 2 - X l .... \ :~.,t .,'. -'. -, ..-, . . ~ ... t '~ " . Q ct o Q: . . I c. s. x. ~<V o~ ~ I I I I I l I I --~ I L ~(~ ~~ oq q~ , OV 0, CJ~ c., ~~ ~~ \~ ~ SHERWOOD STREET lA.I Z ~ UJ ::.:: .1' CITY INFRASTRUCTURE GROUP PROPERTY N I l i i I , \ ; ~.,. NOT E: This Is Not A Survey Drawing Not To Scale OVERLEA STREET ~ UJ :) Z .w > <C rn <C a: :) .... e,,) a: <t ALTA O'!Y~e(s POiic,Y - Form 8 - Amended 10-17-70 '. ~... _. ~- :.,-.-.. I ~ POLICY OF TITLE INSURANCE ISSUED BY STEWART TITLE GUARANTY COMPANY SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS CONTAINED IN SCHEDULE BAND THE PROVISIONS OF THE CONDITIONS AND STIPULATIONS HEREOF, STEWART TITLE GUARANTY COMPANY, a corporation of Galveston, Texas, herein called the Company, insures, as of Date of Policy shown in Schedu Ie A, against loss or damage, not exceeding the amount of insurance stated in Schedu Ie A, and costs, attorneys' fees and expenses which the Company may become obligated to pay hereunder, sustained or incurred by the insured by reason of: 1, Title to the estate or interest described in Schedule A being vested otherwise than as stated therein; 2, Any defect in or lien or encumbrance on such title; 3, Lack of a right of access to and from the land; or 4, Unmarketability of such title IN WITNESS WHEREOF, Stewart Title Guaranty Company has caused this policy to be signed and sealed by its du Iy authorized officers as of Date of Policy shown in Schedule A. STEWART TITLE ~~ ht~ wAaw/$~ GUARANTY COMPANY ~e~~ Authorized Signatory President Chairman of the Board Cou ntersigned by: Company City, State EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy: 1, Any law, ordinance or governmental regulation (including but not limited to building and zoning ordinances) restricting or regulating or prohibiting the occupancy, use or enjoyment of the land, or regulating the character, dimensions or location of any improvement now or hereafter erected on the land, or prohibiting a separation in ownership or a reduction in the dimensions or area of the land, or the effect of any violation of any such law, ordinance or governmental regulation, 2, Rights of eminent domain or governmental rights of police power unless notice of the exercise of such rights appears in the public records at Date of Policy, 3, Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed or agreed to by the insured claimant, (b) not known to the Company and not shown by the public records but known to the insured claimant either at Date of Policy or at the date such claimant acquired an estate or interest insured by this pOlicy and not disclosed in writing by the insured claimant to the Company prior to the date such insured claimant became an insured hereunder; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the estate or interest insured by this policy, \"~ r ~ ~ ~ 0018 (25M 11-87) ~~!:~rNO~, 0.9902. 44 7 9 7 8 -+--~~~-+-~~..........-- r"t . ALTA OWNER'S POLICY-Amended 10/17/71 nl~'. E:; ,- I SCHEDULE A Date of Policy: September 08, 1989 Policy No,: 0- 9902447978 Amount of Insurance: $ 749 , 250 , 00 Order No,: 89080070 1. Name of Insured CITY OF CLEARWATER FLORIDA, A MUNICIPAL CORPORATION 2. The estate or interest in the land described herein and which is covered by this policy is: Fee Simple 3. The estate or interest referred to herein is at Date of Policy vested in: CITY OF CLEARWATER FLORIDA, A MUNICIPAL CORPORATION 4. The land referred to in this policy is described as follows: That part of Lots 6, 7 and 8 of PINELLAS GROVES in the Northwest 1/4 of Section 12, Township 29 South, Range 15 East, and that part of Lots 25 and 26, said PINELLAS GROVES in the Southwest 1/4 of Section 1, Township 29 South, Range 15 East, as recorded in Plat Book 1, Page 55 and also recorded in Plat Book 3, Page 15, both of the Public Records of Pinellas County, Florida, being more particularly described as follows: From the southwest corner of said Section 1, said point also being the Northwest corner of said Section 12, as a POINT OF BEGINNING, thence N. 00 deg. 08' 02" W along the West line of said Section 1, 332.96 feet; thence S. 89 deg. 20' 01" E, 551.91 feet to a point on the Southerly line of the S.A.L. Railroad; thence along said Southerly line by a curve to the right having a radius of 2814.93 feet, a chord bearing S. 77 deg. 04' 03" E, 127.64 feet along an arc of 126.47 feet; thence S. 00 deg. 10' 28" E, along a 10 Acre Line, 305.50 feet to a point on the South line of said section 1; thence along said South line, S 89 deg. 21' 54" E, 33.29 feet; thence S 00 deg. 25' 21" W, 298.77 feet; thence N. 89 deg. 20' 04" W, 709.76 feet to a point on the West line of said Section 12; thence N. 00 deg. 25' 21" E, along said West line, 298.39 feet to the POINT OF BEGINNING. Page 2 of 4 STEWART TITLE GUARANTY COMPANY 0012 20 M 11/88 'AL TA f:>W'NER'S POLICY Order No. 89.0800;"0,' I I SCHEDULE B 9902 Policy No.: 0-*Dll:1-447978 This policy does not insure against loss or damage by reason of the following: delete 1, 2, 3. ~~kKUt~~~~~~xx delete Easements, or claims of easements, not shown by the public records. ElM{; K~lijl Aruyxli~~~X}{ID{~~~OUOOOC>>~~xxx ifAA~1t~moocRxJtR~ 5, Community property, dower, curtesy, survivorship, or homestead rights, if any, of any spouse of the insured. kKmcDx~ delete 4, 6, Any titles or rights asserted by anyone including but not limited to persons, corporations, governments or other entities, to tide lands, or lands comprising the shores or bottoms of navigable rivers, lakes, bays, ocean or gulf, or lands beyond the line of the harbor or bulkhead lines as established or changed by the United States Government or water rights, if any, 7, Taxes for the year 19 89 and thereafter, 8. Subject to reservation as shown in Deed of Conveyance recorded in Deed Book 1634, Page 67 of the Public Records of Pinellas County, Florida: "Grantee agrees as a consideration for this conveyance that this property will be developed in accordance with planning and zoning ordinances of CITY OF CLEARWATER as R-l, single family residential property." 9. Subject to Easement from BOARD OF PUBLIC INSTRUCTION OF PINELLAS COUNTY, FLORIDA to CITY OF CLEARWATER, FLORIDA, as recorded 1n O.R. Book 2418, Page 448 of the Public Records of Pinellas County, Florida. 10. Subject to easement fifteen (15) feet wide along the Southerly boundary line for ingress/egress of section 1, Township 27 S, Range 15 E, Pinellas County, Florida, as recorded in O.R. Book 4173, Page 570 of the Public Records of Pinellas County, Florida. 11. Subject to easement fifteen (15) feet wide along the Northerly boundary line for ingress/egress of Section 12, Township 27 S, Range 15 E, pinellas County, Florida, as recorded in O.R. Book 4173, Page 570 of the Public Records of Pinellas County, Florida. 12, Subject to easement fifteen (15) feet wide along the Westerly boundary line for ingress/egress of Section 12, Township 27 S, Range 15 E, Pinellas County, Florida, as recorded in O.R. Book 4173, Page 570 of the Public Records of Pinellas County, Florida. 13. Subject to easement fifteen (15) feet wide along the Westerly boundary line for ingress/egress of Section 1, Township 27 S, XilOOOXK Page 3 of 4 ~lUOOO{ continued ors~A<.R.T TITLE GUARANTY COMPANY 2113 203 A (50M 1-89) '. . ' ; ......- I I Attached to and made a part of Stewart Title Guaranty Company Policy No, O-i~ 9902-447978 Continuation of Schedule B Range 15 E, Pinellas County, Florida, as recorded in O.R. Book 4173, Page 570 of the Public Records of Pinellas County, Florida. 14. Subject to forty (40) foot right-of-way easement from THE SCHOOL BOARD OF PINELLAS COUNTY, FLORIDA to the CITY OF CLEARWATER, filed December 31, 1985 in O.R. Book 6395, Page 700 of the Public Records of Pinellas County, Florida. 15. Subject to the Legal Description as it appears in Deed from J. FRANK HANCOCK, JR. and JOYCE J, HANCOCK, his wife as recorded 1n O.R. Book 1341, Page 501 of the Public Records of pinellas County, Florida. The description is erroneous in that Parcel "B" is incapable of closure by approximately 20 feet. It appears that a mistake was made in the computation of the intersection of the North property line with the railroad right-of-way. ALSO, the portion of the plat of PINELLAS GROVES in which Parcel "B" lies, is recorded in Plat Book 3, Page 15; not Plat Book 1, Page 55. 16. The SCHOOL BOARD OF PINELLAS COUNTY, FLORIDA reserves as to an undivided 3/4 interest in, and title in and to, an undivided 3/4 interest in all the phosphate, minerals and metals that are or may be in, on, or under the above described real estate and an undivided 1/2 interest in all the petroleum that is or may be in or under said land with the privilege to mine and develop same. Page "@X~X~ 4 of 4 ~TE'\'AU.T T'ITI...E GUARASTY ('OMI"ASl -0# , . ,~ t ... :'''\.'~ ' CcJDITIONS AND STIPULATIONS Continued 1 (continued and concluded from reverse side of Policy Fa ) 6. DETERMINATION AND PAYMENT OF lOSS (a) The liability of the Company under this policy shall in no case exceed the least of: (i) the actual loss of the insured claimant; or (ii) the amount of insurance stated in Schedule A, (b) The Company will pay, in addition to any loss insured against by this policy, all costs imposed upon an insured in litigation carried on by the Company for such insured, and all costs, attorneys' fees and expenses in litigation carried on by such insured with the written authorization of the Company. (c) When liability has been definitely fixed in accord- ance with the conditions of this policy, the loss or damage shall be payable within 30 days thereafter. 7. LIMITATION OF LIABILITY No claim shall arise or be maintainable under this policy (a) if the Company, after having received notice of an alleged defect, lien or encumbrance insured against hereunder, by litigation or otherwise, removes such defect, lien or encumbrance or establishes the title, as insured, within a reasonable time after receipt of such notice; (b) in the event of litigation until there has been a final determination by a court of competent jurisdiction, and disposition of all appeals therefrom, adverse to the title, as insured, as provided in paragraph 3 hereof; or (c) for liability voluntarily assumed by an insured in settling any claim or suit without prior written consent of the Com- pany, 8. REDUCTION OF LIABILITY All payments under this policy, except payments made for costs, attorneys' fees and expenses, shall reduce the amount of the insurance pro tanto. No payment shall be made without producing this policy for endorsement of such payment unless the policy be lost or destroyed, in which case proof of such loss or destruction shall be furnished to the satisfaction of the Company, 9. LIABILITY NONCUMULATIVE It is expressly understood that the amount of insurance under this policy s.hall be reduced by any amount the Company may pay under any policy insuring either (a) a mortgage shown or referred to in Schedule B hereof which is a lien on the estate or interest covered by this policy, or (b) a mortgage hereafter executed by an insured which is a charge or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a payment under this policy, The Company shall have the option to apply to the payment of any such mortgages any amount that otherwise would be payable hereunder to the insured owner of the estate or interest covered by this policy and the amount so paid shall be deemed a payment under this policy to said insured owner, 10. APPORTIONMENT I f the land described in Schedu Ie A consists of two or more parcels which are not used as a single site, and a loss is established affecting one or more of said parcels but not all, the loss shall be computed and settled on a pro rata basis as Valid Only If Schedules A and B are Attached. if the amount of insurance under this policy was divided pro rata as to the value on Date of Policy of each separate parcel to the whole, exclusive of any improvements made subsequent to Date of Policy, unless a liability or value has otherwise been agreed upon as to each such parcel by the Company and the insured at the time of the issuance of this policy and shown by an express statement herein or by an endorsement attached hereto. 11. SUBROGATION UPON PAYMENT OR SETTLE- MENT Whenever the Company shall have settled a claim under this policy, all right of subrogation shall vest in the Company unaffected by any act of the insured claimant, The Company shall be subrogated to and be entitled to all rights and remedies which such insured claimant would have had against any person or property in respect to such claim had this policy not been issued, and if requested by the Company, such insured claimant shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect such right of subrogation and shall permit the Company to use the name of such insured claimant in any transaction or litigation involving such rights or remedies. If the payment does not cover the loss of such insured claimant, the Company shall be subrogated to such rights and remedies in the proportion which said payment bears to the amount of said loss. If loss should result from any act of such insured claimant, such act shall not void this policy, but the Company, in that event, shall be required to pay only that part of any losses insured against hereunder which shall exceed the amount if any, lost to the Company by reason of the impairment' of the right of subrogation. 12. LIABILITY LIMITED TO THIS POLICY This instrument together with all endorsements and other instruments, if any, attached hereto by the Company is the entire policy and contract between the insu red and the Company, Any claim of loss or damage, whether or not based on negligence, and which arises out of the status of the title to the estate or interest covered hereby or any action asserting such claim, shall be restricted to the provisions and conditions and stipulations of this policy. No amendment of or endorsement to this policy can be made except by writing endorsed hereon or attached hereto signed by either the President, a Vice President, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company, 13. NOTICES, WHERE SENT All notices required to be given the Company and any statement in writing required to be furnished the Company shall be addressed to it at its main office, p, O. Box 2029, Houston, Texas 77252, 14, The premium specified in Schedule A is the entire. charge for acceptance of risk, It includes charges for title search and examination if same is customary or required to be shown in the state in which the policy is issued, STEWART TITLE GUARANTY COMPANY J '( .. , ~\ STEWART TITLE GUARANTY COMPANY ESTABLISHED 1896 INCORPORATED 1908 A NAME RECOGNIZED NATIONALLY FOR MORE THAN 75 YEARS AS BEING SYNONYMOUS WITH SAFETY , '-::!..... --+- _ -+- -+-- -+- __ -:-t-:- "+'-- __ ,,/. ~ STEWART TITLE GUARANTY COMPANY P. O. Box 2029 Houston, Texas 77252 \C\ , POLICY OF TITLE INSURANCE -~ ,I /f) I CITY OF CLEARWATER Interdepartment Correspondence Sheet ro: Cynthia E, Goudeau, City Clerk M. A. Galbraith, Jr., City Attorney ~ FROM: SUBJECT: Purchase from John H, Harland Company (National Safe property, 1900 Grand Avenue, Clearwater) (For use as fleet maintenance facility) DATE: March 10, 1988 The subject purchase has been completed and enclosed are the following documents: Seller's Closing Statement Buyer's Closing Statement Title Commitment #BE741450 issued by Lawyers Title Insurance Corp. Title Policy #85-00-987111 issued by Lawyers Title Insurance Corp, Copy of Survey Warranty Deed dated 1/26/88 Affidavit of No Liens Tax Proration Agreement N on-F oreign Certification by Corpora te Transferor The contract for sale and purchase was forwarded to you on 12/4/87. MAG:jmp Enclosures cc: Dan Deignan, Finance Director w/copy of Closing Statements J\ECEIVED MAR i 1 1988 ....-,..,', r CITX CLEM ~))I/ Amerfc-an' Lar,d'Title Association Commitmant - 1966 .. . ,. .;. "'1'- COMMITMENT FOR TITLE ISSUED BY INSURAN!e 89080070 \ i:" :Iilll STEWART TITLE GUARANTY COMPANY STEWART TITLE GUARANTY COMPANY, A Texas Corporation, herein called the Company, for a valuable consideration, hereby commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the proposed Insured named in Schedule A, as owner or mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule A, upon pay- ment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to the Conditions and Stipulations hereof. This Commitment shall be effective onfy",menthe identity of the proposed Insured and the amount of the policy or policies committed for have been inserted in Schedule A hereof by the Company, either at the time of the issuance of this Commitment or by subsequent endorsement. This Commitment is preliminary to the issuance of such policy or policies of title insurance and all liability and obligations hereunder shall cease and terminate six months after the effective date hereof or when the policy or policies committed for shall issue, whichever first occurs, provided that the failure to issue such policy or policies is not thefaultofthe Company. Signed under seal for the Company, but this Commitment shall not be valid or binding until it bears an authorized Countersignature. IN WITNESS WHEREOF, StewartTift~<.iLJaranty Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers on the date shown in Schedule A. STEWART TITI..E Chairman of the Board ersigned by: ~"'~"'S"" "i. '<S1..,".~of,~ ~Yf... ,,'... "'. i 1:'~c.o"PO"-f" \, I...:... -*-~: ~ \ ';;.\ 1 9 0 8 !~/II \. '.. ".. ;" .".'..,.'., "~r..".. Il -",2:,-~ e!AawI/;?~ ~~ '-hr~ GUARASTY rUMPASY President Company City. State Serial No. C. 9 912~ 4 9 4 2 4 8 005N Rev, 3/78 50M 8-88 , "._! , . >, . I I rnls SCHEDULE A Effective Date of Commitment: Auqust 30, 1989 at 5:00 P.M. Commitment No, C'-QQ1?-494248 Your No,: 89080070 Prepared For: CITY OF CLEARWATER FLORIDA, Inquiries Should be Directed to: MIKELL L. ST.GERMAIN Stewart Title Company of Clearwater 1290 Court Street Clearwater, Florida 34616 (813) 441-2689 1. Policy or Policies to be issued: Amount (al ~ AL TA Owners Policy $ 749,250.00 Proposed Insured: CITY OF CLEARWATER FLORIDA, A MUNICIPAL CORPORATION (b) D AL TA Loan Policy $ Proposed Insured: 2. The estate or interest in the land described or referred to in this Commitment and covered herein is a Fee Simple, 3. Title to said estate or interest in said land is at the effective date hereof vested in: THE BOARD OF PUBLIC INSTRUCTION, PINELLAS COUNTY, FLORIDA, n/k/a SCHOOL BOARD OF PINELLAS COUNTY, FLORIDA 4 The land referred to in this Commitment is located in the County of PINELLAS State of FLORIDA and described as follows: That part of Lots 6, 7 and 8 of PINELLAS GROVES in the Northwest 1/4 of Section 12, Township 29 South, Range 15 East, and that part of Lots 25 and 26, said PINELLAS GROVES in the Southwest 1/4 of Section 1, Township 29 South, Range 15 East, as recorded in plat Book 1, Page 55 Public Records of Pinellas County, Florida, being more particularly described as follows: From the Southwest corner of said Section 1, said point also being the Northwest corner of said Section 12, as a POINT OF BEGINNING, thence N. 00 deg. 08' 02" W along the West line of said Section 1, 332.96 feet; thence S. 89 deg. 20' 01" E, 553.05 feet to a point on the Southerly line of the S.A.L. Railroad; thence along said Southerly line by a curve to the right having Page 2 of ~ontinued on next page STEWART TITLE 2552 GUARANTY COMPANY I I CONTINUATION SHEET Order Number: SCHEDULE _ A Commitment Number: 89080070 C-9912-494248 PROPERTY DESCRIPTION CONTINUED: a radius of 2814.93 feet, a chord bearing S. 77 deg, 04' 03" E, 126.44 feet along an arc of 126.47 feet; thence S. 00 deg. 10' 28" E, along a 10 Acre Line, 305.50 feet to a point on the South line of said Section 1; thence along said South line, S 89 deg. 21' 54" E, 33.29 feet; thence S 00 deg. 25' 21" W, 298.77 feet; thence N. 89 deg. 20' 04" W, 709.76 feet to a point on the West line of said Section 12; thence N. 00 deg. 25' 21" E, along said West line, 298.39 feet to the POINT OF BEGINNING. LESS AND EXCEPT: Fifteen (15) foot easement for ingress/egress along the Southerly fifteen (15) feet of Section 1, Township 27 S, Range 15 E; and a fifteen (15) foot easement for ingress/egress along the Northerly fifteen (15) feet of Section 12, Township 27 S, Range 15 E; and a fifteen (15) foot easement for ingress/egress along the Westerly fifteen (15) feet of Section 12, Township 27 S, Range 15 E; and a fifteen (15) foot easement for ingress/egress along the Westerly fifteen (15) feet of Section 1, Township 27 S, Range 15 E. 3 of 5 Page _ STEWART TITLE 0055 (50M 3/89) GUARANTY COMPANY .-' ~ I SCHEDULE B I ORDER NO: 89080070 Commitment Number: C-9912-494248 I. The following are the requirements to be complied with: 1, Instruments necessary to create the estate or interest to be insured must be properly executed, delivered and duly filed for record, Fee Simple Deed to be executed from THE BOARD OF PUBLIC INSTRUCTION, PINELLAS COUNTY, FLORIDA, n/k/a SCHOOL BOARD OF PINELLAS COUNTY, FLORIDA to CITY OF CLEARWATER, FLORIDA, A MUNICIPAL CORPORATION. II. Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company: 1, Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed Insured acquires for value of record the estate or interest or mortgage thereon covered by this Commitment. 2, Standard Exceptions: (a) Rights or claims of parties in possession not shown by the public records, (b) Easements, or claims of easements, not shown by the public records. (c) Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate survey and inspection of the premises. (d) Any lien, or right to a lien, for services, labor, or material hereto or hereafter furnished, imposed by law and not shown by the public records, (e) Rights of dower, homestead or other marital rights of the spouse, if any, of any individual insured, (f) Any titles or rights asserted by anyone including but not limited to persons, corporations, governments or other entities, to tidelands, or lands comprising the shores or bottoms of navigable rivers, lakes. bays, ocean or gulf, or lands beyond the line of the harbor or bulkhead lines as established or changed by the United States Government or water rights, if any. 3, SpeCial Exceptions: (a) Taxes, Subject to Taxes for the year 1989 and subsequent years, which are not yet due and payable. Parcel No. 12/29/15/70182/200/0702 (Parcel "A") Parcel No. 01/29/15/70164/300/2501 (Parcel "B") Gross Tax for 1988, $0.00. 4. Subject to reservation as shown in Deed of Conveyance recorded in Deed Book 1634, Page 67 of the Public Records of Pinellas County, Florida: "Grantee agrees as a consideration for this conveyance that this property will be developed in accordance with planning and zoning ordinances of CITY OF CLEARWATER as R-1, single family residential property." 5. Subject to Easement from BOARD OF PUBLIC INSTRUCTION OF PINELLAS COUNTY, FLORIDA to CITY OF CLEARWATER, FLORIDA, as recorded 1n O.R. Book 2418, Page 448 of the Public Records of Pinellas County, Florida. 6. Subject to easement fifteen (15) feet wide along the Southerly boundary line for ingress/egress of Section 1, Township 27 S, Range 15 E, Pinellas County, Florida. Page 4 of 5 Continued on next page 2153 (Rev. 3/80) RI<<<<~ STEWAU.T TITLE GUARANTY COMPANY - A I I CONTINUATION SHEET SCHEDULE _ B Order Number: 89080070 Commitment Number: C-9912-494248 SCHEDULE B - PART II CONTINUED 7. Subject to easement fifteen (15) feet wide along the Northerly boundary line for ingress/egress of Section 12, Township 27 S, Range 15 E, Pinellas County, Florida. 8. Subject to easement fifteen (15) feet wide along the Westerly boundary line for ingress/egress of Section 12, Township 27 S, Range 15 E, Pinellas County, Florida. 9. Subject to easement fifteen (15) feet wide along the Westerly boundary line for ingress/egress of Section 1, Township 27 S, Range 15 E, Pinellas County, Florida. 10. Subject to the Legal Description as it appears in Deed from J. FRANK HANCOCK, JR. and JOYCE J. HANCOCK, his wife as recorded 1n O.R. Book 1341, Page 501 of the Public Records of Pinellas County, Florida. The description is erroneous in that Parcel "B" is incapable of closure by approximately 20 feet. It appears that a mistake was made in the computation of the intersection of the North property line with the railroad right-of-way. ALSO, the portion of the plat of PINELLAS GROVES in which Parcel "B" lies, is recorded in Plat Book 3, Page 15; ~ plat Book 1, Page 55. ['/. . ' ,t.... 11. The SCHOOL BOARD OF PINELLAS COUNTY, FLORIDA reserves as to an undivided 3/4 interest in, and title in and to, an undivided 3/4 interest in all the phosphate, minerals and metals that are or may be in, on, or under the above described real estate and an undivided 1/2 interest in all the petroleum that is or may be in or under said land with the privilege to mine and develop same. Page ~f 5 STEWART TITLE 0055 (50M 3/89) GUARANTY COMPANY ~ .~) . I I CONDITIONS AND STIPULATIONS 1, The term mortgage, when used herein, shall include deed of trust, trust deed, or other security instrument. 2. If the proposed Insured has or acquires actual knowledge of any defect, lien, encumbrance, adverse claim or other matter affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in Schedule B hereof, and shall fail to disclose such knowledge to the Company in writing, the Company shall be relieved from liability for any loss or damage resulting from any act of reliance hereon to the extent the Company is prejudiced by failure to so disclose such knowledge. If the proposed I nsured shall disclose such knowledge to the Company, or if the Company otherwise acquires actual knowledge of any such defect, lien, encumbrance, adverse claim or other matter, the Company at its option may amend Schedule B of this Commitment accordingly, but such amendment shall not relieve the Company from liability previously incurred pursuant to paragraph 3 of these Conditions and Stipulations. 3. liability of the Company under this Commitment shall be only to the named proposed Insured and such parties included under the definition of Insured in the form of policy or policies committed for and only for actual loss incurred in reliance hereon in undertaking in good faith (a) to comply with the requirements hereof, or (b) to eliminate exceptions shown in Schedule B, or (c) to acquire or create the estate or interest or mortgage thereon covered by this Commitment, In no event shall such liability exceed the amount stated in Schedule A for the policy or policies committed for and such liability is subject to the insuring provisions and the Conditions and Stipulations and the exclusions from coverage of the form of policy or policies committed for in favor of the proposed Insured which are hereby incorporated by reference and are made a part of this Commitment except as expressly modified herein. 4. Any action or actions or rights of action that the proposed I nsured may have or may bring against the Company arising out of the status of the title to the estate or interest or the status of the mortgage thereon covered by this Commitment must be based on and are subject to the provisions of this Commitment. STE~ART TITLE GU ARANTY COMPANY All notices required to be given the Company and any statement in writing required to be furnished the Company shall be addressed to it at P.O. Box 2029, Houston, Texas 77252, and identify this commitment by its printed COMMITMENT SERIAL NUM- BER which appears on the bottom of the front of the first page of this commitment. COMMITMENT FOR TITLE INSURANCE , - ...'In> I,.;!)' '-Ij COl/trac-t ,-. Issued by STEWART TITLE GUARANTY COMPANY (