THIRTEEN PROPERTIES LIMITED
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O.R. ~ 8 71 PAGE 1 0 ~ 4
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(79101665
1 Sth day of
RAMeo l"OHM 4
This ~m1mtu~1e, Made this
Detween
JUNE
, A. D, 1979 .
THIRTEEN PRO~ERTIES, LTD.
II
at the County of FULTON and State of GEORGIA
part y of the first part, and CITY OF CLEARWATER, FLO'RIDA, a municipal corporation
whose mailing address is P. 0, Box 4748, Clearwater,
of the County of Pinellas
and State of
Florida 33518
party of the second part. 1aitnesseth, ~hat the said party of the first part. for and
in consideration of the sum of -~---~---Ten ~------------------- Dollars, and other good
and valuable considerations to it in hand paid, the receipt whereof is hereby acknowl-
edged, ha 8 granted. bargained, sold and conveyed, and by these presents do es arant.). bar-
. II d fi h' . t SL1cces~ors
galn, se ,convey an con lrm unto t e saId party of the second pari and 1 s XfJS.~~
and assigns forever, all that certain parcel of land lying and being in the County of Pinellas ,
and State of Florida . more particularly described as follows:
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Lots 5 and 20 South of Pierce Street; Lots 6 through 15,
inclusive, including North 1/2.0:& vilcated ,street; and Lots (-('t
21 through 30, inclusive, including North 1/2 of vacated Y/.
street, all in Block A, Coachman Heights Revised according
to the map or.p1at thereof as recorded in Plat Book 1, page 16
of the Public Records of Pinel1as County, Florida.
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Subject to 1979 ad valorem taxes, easements and restrictions
of record, if any, now in effect, (without intending to impose
same), any applicable zoning ordinances or regulations and the
leasehold rights of Winn-Dixie Stores, Inc. and Sparcs, Inc.
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= STATE OF FLORIDAI IS i S2!!i i o,~ 70 0001. . arg
(,I) ~ DOCUMENTARY ~~;;.;.,.STAMP TAXi 41 i .!SOO.OO . 5
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-'.... r- DEPT. OF REVENUE ~~ ~<{.." t 42 550.00 T
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STATE OFFLORtOAI
DOCUM:ENTtI.R'(/;~- . ~5TAMP TAX)
~PT. OF REVENUf~'~' f
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Together with all the tenements. hereditamenls alld appurtenances, with every privilege, right,
title, interest and estate, dower and right of dower, reversion, remainder alld easement thereto
belonging or in anywise appertaining: 10 Malle and to liold the same in fee simple forever.
And the said part y of the first part do es covenant wilh the said part y of the
second pa"t that it is lawfully sei::ednof the said premises, that they are free fron
aUenClllnbrances except those matters set forth arId that it has good right and law-
above
flll authority to sell the same; and the said part y of the first IJart does hereby fully t{.'arrant
the title to safd land, and will defend the same against the lau'ful ct'aims of all persons HJho1ilsoever.
~n t{r:itness t.f3hereof, the said party of the first part ha s hereunto set its
hand
and seal
the daY,and year above wriften.
Signed, sealed and de~. ivere in our presence:
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Q,R. ~ 8 71 P~GE i 0 4: 5
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STATE OF GEORGIA )
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COUNTY OF FULTON )
ss:
Before me personally appeared William F. Law, Jr. and Thomas V.
Cabu1e, as sole General Partners of THIRTEEN PROPERTIES, LTD., a Florida
Limited Partnership to me well known and known to me to be the individuals
described in and who executed the foregoing instrument and acknowledged
before me that they executed the same for the purposes therein expressed.
WITNESS my hand and official seal this
l:Jv;tday of r
A.D., 1979.
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My Commission Expires:
Notary Public, Georgia, State at Large
My Commission Expiies Jan, 31, 1983
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P.rNELLAS COUNTY PROPER'l:'Y ApPRAISER
315 HAVEN STREET
CLEARWATER, FLORIDA 33516
.
August 7, 1979
1reC!lVro
Clearwater, City of
POBox 4748
Clearwater, Fl 33518
AUG 15 1919
CITY CLERK.
PARCEL NO.
15-29-15-16830-001-0050
)
1979 PREVIOUSLY PROPOSED APPRAISAL $
1979 REVISED PROPOSED APPRAISAL $
463.090
325.500
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Upon a re-examination of your property along with the additional
data you have furnished, we have revised your appraisal as noted above.
Should the revised figures meet with your approval and you have
filed a petition to be heard by the Property Appraisal Adjustment
Board, it would be appreciated if you would withdraw your petition.
You may address your request to withdraw to:
Attention George Colan
Clerk of Circuit Court
Pinellas County Courthouse
315 Court Street
Clearwater, FL 33516
Please identify your petition by the number assigned by the Clerk's
Office.
If you have any questions concerning this valuation, please contact
me at (813) 448-2293.
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~J. D. Matson, C.F.E.
Director of Standards
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CLOSING STATEMENT
Clearwater, Florida
June 15, 1979
Seller; Thirteen Properties, Ltd., a Florida Limited Partnership
Purchaser: City of Clearwater, Florida, a municipal corporation
Property Description: Lots 5 & 20 South of Pierce St. ; Lots 6 thru 15,
N. 1/2 of vacated street; and Lots 21 thru 30, including
N. 1/2 of vacated street, Block A, Coachman Heights Revised
Credits to Seller:
Purchase Price
$500,000.00
Credits to Purchaser:
Earnest money deposit
$ 10,000.00
Seller's pro rata portion
of real estate taxes
4,182.29
Purchaser's share of
rent adjustment for
Winn-Dixie lease
1,495.50
Purchaser's share of
rent adjustment for
SPARCS lease
352.50
Documentary Stamps to
be placed on Deed by
Seller:
State $1500.00
Sur-tax 550.00
Check to Clerk of
Circuit Court
2,050.00
Balance of cash to
clos e
Check to Thirteen
Properties, Ltd. for
$87,419.71 & to Conn.
General Mortgage &
Realty for $394,500.00
481,919.71
$500,000.00
$500,000.00
NOTE: Received from Seller the sum of $1560.00 as security deposit
on SPARCS lease.
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O.R. !j 870 P~GE 122..3
78100411
SATISFACTION OF MORTGAGE
KNOW AU, MEN BY THESE PRESENTS, that Connecticut General Mortgage and
Real ty Investments, (the Trust) a voluntary association under the laws of the
State of Massachusetts, holder of a certain mortgage from Thirteen Properties,
Ltd8, a F1 orida Limited Partnership to Connecticut General Mortgage and Realty
Investments bearing date the 14th day of March, A. D. 1974, recorded in Official
Records Book 4151 page 1715 in the office of the Clerk of the Circuit Court of
Pinellas County, State of Florida; given to secure the sum of Four Hundred TWo
Thousand Four Hundred TWenty ($402,420.00) Dollars, evidenced by a certain note,
upon the following property, situate, lying and being in Pinellas County, State
of Florida, and more particularly described in attached Additional Sheet, has
received full payment of said indebtedness, and does hereby acknowledge satis-
faction of said mortgage, and hereby directs the Clerk of the said Circuit Court
to cancel the same of record.
Connecticut General Mortgage and Realty Investments (the Trust) is a
voluntary association established under the laws of the Commonwealth of
Massachusetts by a Declaration of Trust dated February 13, 1970, which together
with all amendments thereof is on file with the Secretary of State of the
Commonwealth of Massachusetts. The obligations of the Trust are not personally
binding upon, nor shall resort be had to the private property of any of the
Trustees, shareholders, officers, employees or agents of the Trust, but the
Trust property only shall be bound.
WITNESS the signature and seal of said association, by its Vice President
and Comptroller this 1st day of June, 1979.
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CONNECTICUT GENERAL MORTGAGE AND REALTY INVE~N!TS
BY ~kA.r-t~ '..:r}~"~~.. r
AT D. R. Davis. Vice President and Comptroller\v .:.~ .
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Signed, Sealed and Delivered in Presence of:
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Q,R. ~ 870 PAGE 122 ~
STA TE OF MASSACHUSETTS I
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COUNTY OF HAMPDEN I
Springfield
I HEREBY CERTIFY that on this day personally appeared before me. an officer
duly authorized to administer oaths and take acknowledgements, D. R. Davis.
Vice President and Comptroller of Connecticut General Mortgage and Realty
Investments, (the Trust) a voluntary association, to me well known to be the
person described in and who executed the foregoing Satisfaction of Mortgage and
duly acknowledged before me that he executed the same for the purposes therein
expressed as the act and deed of such association.
IN WITNESS WHEREOF, I have hereunto set my hand and official seal at
January 25, 1985
;.,}
Springfield, Massachusetts, this 1st day of
My Commission Expires:
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ADDITIONAL SHEET
That certain piece, parcel or tract of land', situate, lying
and being in the City of Clca~'ater, County of Pinellas, and
State of Florida, known and described as:
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From the center of Section 15, Township 29 South, Range
15 East, run North 00 03' 20" East, 1099.80 feet to the
. inte~section of the center lines of Pierce Street and
. Greenwood Avenue6 thence along the center line of Pierce
Street, North 89 39' 21" West '359.70 feet, thence South
00 03' 20" West 30 feet for a POINT OF BEGIl\TNING. From
this POINT OF BEGINNING continue along the ~est_ right-
of-way line of Ewing Street South 00 03' 20" West 541.33
feet; thence North 880 59' 11" West 448.78 feet, more or
less, to the. East right-of-way line of Prospect Avenue;
thence alon? said right-of-way line of Prospect. Avenue
_ North 0.0 05 ' 07" Eas t 538,38 feet to the intersection
with the South right-of-way line of Pierce Street; thence
along said right-of-way line of Pierce Street South
890 39' 3111 East 448.61 feet to the POINT OF BEGINNING,
together with ali right, title and interest in and to
that certain perpetual'and exclusive easement for sewerag~
'res~rved unto said Dabros Properties, Inc., its successors
. and ass igns under that certain Warranty Deed da ted Marc'h
'23, 1973-jrom said Dabros Properties, Inc. to Senior Citizens"
. S.ervices ,Inc., recorded in- the Public Records of Pinellas
--County, Florida, .under Clerk's .No. 73040296.
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AGREEMENT FOR SALE AND PURCHASE
OF REAL ESTA TE
THIS AGREEMENT made and entered into this
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, A. D. 1979, by and between THIRTEEN PROPERTIES,
233 Peachtree St., N.E., Suite 333
Limited Partnership, located at
LTD., a Florida
Atlanta, Georgia, hereinafter referred to as "Owner" and the CITY OF
CLEARWATER, FLORIDA, a municipal corporation, hereinafter referred
to as "Purchaser";
WlTNESSETH:
WHEREAS, Purchaser, by letter dated January 15, 1979, from
William F. Law, Jr., President of Cauble and Company representing Owner
has received an offer to purchase the property located at 211-215 Prospect
Avenue, Clearwater, Florida; and
WHEREAS, it is the determination of the City Commis sion of the
City of Clearwater that the City can make use of such property for drainage
and other related purposes;
NOW, THEREFORE, in consideration of the promises and other
good and valuable considerations, it is agreed as follows:
1. The Owner agrees to sell and convey by good and sufficient
warranty deed, free of liens and encumbrances, unto the City of Clearwater,
Florida (Purchaser), a municipal corporation, the following described real
estate situated in Pinellas County, Florida, to wit:
Lots 5 and 20 South of Pierce Street; Lots 6 through 15,
inclusive, including North 1/2 of vacated street; and Lots
21 through 30, inclusive, including North 1/2 of vacated
street, all in Block A, Coachman Heights Revised according
to the map or plat thereof as recorded in Plat Book 1, page
16 of the Public Records of Pinellas County, Florida.
2. The total purchase price for such property shall be the sum
of Five Hundred Thousand Dollars ($500,000.00) which is to be paid upon
closing, which shall be on or before thirty (30) days from date hereof.
Purchaser agrees to remit to the owner upon execution of this Agreement
the sum of Ten Thousand Dollars ($10,000.00) which sum shall be considered
as a down payment on the purchase price set forth herein. The balance of
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the purchase price, namely, Four Hundred Ninety Thousand Dollars
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($490,000.00) shall be paid at the time of the final closing.
3. The sale and purchase described herein is conditioned upon
Owner being able to secure from Winn-Dixie Stores, Inc. a release and
agreement whereby Winn-Dixie Stores, Inc. agrees to relinquish its option
to renew its lease and further agrees to vacate the premises no later than
one (l) year from the date of the closing of this purchase. Should Owner
be unable to secure the release and agreement provided for herein, then
Purchaser shall have the right to immediately cancel this contract of
purchase and receive a full refund of any down payment or other monies
that may have been paid prior to the date of the closing.
Owner further represents to Purchaser that a portion of the
property which is the subject matter of this agreement is leased to SPARCS,
Inc., but that such lease agreement does not contain an option to renew and
that such lease by its terms will expire on November 30, 1981.
4. Purchaser shall at its expense obtain a title insurance commitment
showin.g good and clear merchantable title of record to the property in the
Owner, free and clear of liens, encumbrances, rights, title or interest in
others. In the event such commitment shows defects, liens, encumbrance s,
rights, title or interest not otherwise noted herein, the Owner shall use
diligent effort to perfect the title and the Owner shall have a reasonable time
therefor not to exceed thirty (30) days. Should a defect in the title be found,
then closing shall take place ten (10) days after the defect has been corrected.
Subject to the provisions of Paragraph Three (3) of this agreement, the
existing lease to Winn-Dixie Stores, Inc. and a further existing lease to
SPARCS, Inc. shall not be considered as defects in the title.
5. It is further agreed by Owner and Purchaser that Owner shall be
entitled to receive all payrn.ents due on the leases mentioned herein through
the date of closing, and the Purchaser shall be entitled to receive all pay-
ments made pursuant to such leases after the date of closing and until each
lease terminates. Owner agrees to notify each tenant of this agreement.
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6. Real estate taxes for the year 1979 shall be pro-rated to the
date of closing. Owner further agrees to provide the necessary documentary
stamps to be placed on the Warranty Deed and Purchaser agrees to record
same.
7. Should Owner be unable to perfect its title or otherwise fails to
perform its obligations hereunder, then Owner agrees to promptly refund to
Purchaser any purchase price down payment made pursuant to this agreement.
8. This Agreement shall be binding on the respective heirs, executors,
aclIninistrators, successors and assigns of the parties hereto.
IN WITNESS WHEREOF, the parties hereto have set their hands and
seals the day and year first above written.
~THIRTEEN PROPERTIES,
Witnesses: ~ ~Partn .
~_ . ~ Florid .
~~~/~~ By ·
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By
LTD.
By
Attest:
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City Clerk
Purchaser
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