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LOUIS AND MARY GLAZER I I , . TITLE INSURANCE POLICY AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY FORM A -1970 (Amended 10,17,70) ., , ".. *" " TITLE I NSURANCE COMPANY OF MINNESOTA Home Office: 400, 2nd Ave. So.. Minneapolis, Minn. 55401 . 612/371,1111 - I (Continue.d from iI,!side front flap) I estate or interest as insured, and which might cause loss or damage for which the Company may be liable by virtue of this policy. If such prompt notice shall not be given to the Company, then as to such insured art liability of the Company shal1 cease and terminate in regard to the matter Or matters for which such prompt notice is required; provided, however, that failure to notify shall in no case prejudice the rights of any such insured under this policy unless the Company shall be prejudiced by such failure and then only to the extent of such prejudice. (c) The Company shal1 have the right at its own cost to institute and without undue delay prosecute any action or proceed- ing or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest as insured, and the Company may take any appropriate action under the terms of this policy, whether or not it shal1 be liable thereunder, and shal1 not thereby concede liability or waive any provision of this policy. (d) Whenever the Company shal1 have brought any action or interposed a defense as required or permitted by the provisions of this policy, the Company may pursue any such litigation to final determination by a court of competent jurisdiction and expressly reserves the right, in its sole discretion, to appeal from any adverse judgment or order. (e) In all cases where this policy permits or requires the Company to prosecute or provide for the defense of any action or proceeding, the insured hereunder shal1 secure to the Company the right to so prosecute or provide defense in such action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of such insured for such purpose. Whenever requested by the Company, such insured shal1 give the Company al1 reasonable aid in any such action or proceeding, in effecting settlement, securing evidence, obtaining witnesses, or prosecuting or defending such action or proceeding, and the Company shall reimburse such ins.ured for any expense so incurred. 4. Notice of Loss - Limitation of Action In addition to the notices required under paragraph 3(b) of these Conditions and Stipulations, a statement in writing of any loss or damage for which it is claimed the Company is liable under this policy shal1 be furnished to the Company within 90 days after such loss or damage shall have been determined and no right of action shall accrue to an insured claimant until 30 days after such statement shall have been furnished.. Failure to furnish such statement of loss or damage shal1 terminate any liability of the Company under this policy as to such loss or damage. 5. Options to Payor Otherwise Settle Claims The Company shal1 have the option to payor otherwise settle for or in the name of an insured claimant any claim insured against or to terminate all liability and obligations of the Company hereunder by paying or tendering payment of the amount of insurance under. this policy fQge.~r with any costs, attorneys' fees and expenses incurred up to the time of such payment or tender of payment, by the insured claimant and authorized by the Company. 6. Determination and Payment of Loss (a) The liability of the Company under this policy shal1 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; or (b) The Company wil1 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 accordance with the conditions of this policy, the loss or damage shal1 be payable within 30 days thereafter. 7. Limitation of Liability No claim shal1 arise or be maintainable under this policy (a) if the Company, after having received notice of an al1eged defect, lien or. encumbrance insured against hereunder, by litigation or other, wise, 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 Company. B. Reduction of Liability AI1 payments under this policy, except payments made for costs, attorneys' fees and expenses, shal1 reduce the amount of the insurance pro tanto. No payment shal1 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 shal1 be furnished to the satisfaction of the Company. 9. Liability Noncumulative It is expressly understood that the amount of insurance under this policy shal1 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 shal1 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 shal1 be deemed a payment under this policy to said insured owner. 10. Apportionment If the land described in Schedule 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 al1, the loss shal1 be computed and settled on a pro rata basis as 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, ~xclusive 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 Settlement Whenever the Company shal1 have settled a claim under this policy, al1 right o{subrogation shall vest in the Company unaffected by any act of the insured claimant. The Company shall be subrogated to and be entitled to al1 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 al1 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 shal1 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 shal1 not void this policy, but the Company, in that event, shal1 be required to pay only that part of any losses insured against hereunder which shal1 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 al1 endorsements and other instruments, if any, attached hereto by the Company is the entire policy and contract between the insured 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 AI1 notices required to be given the Company and any statement in writing required to be furnished the Company shal1 be addressed to its Home Office, Minnelrpolis, Minnesota 55401. Note: This policy valid only if Schedules A and B are attached. I I TIM OWNERS 6/75 FORM 2255 S File No. 12,415 Policy No. Policy Amount $ SCHEDULE A 1. Policy Date November 13, 1981 at 9 : 56 A. M. o'clock. 2. The Insured hereunder, in whom title to the fee simple estate is vested at the date hereof, is: THE CITY OF CLEARWATER, a Municipal Corporation 3. The land referred to in this policy is situated in the County of Pi. ne 11 as State of F10rida and is described as follows: AW 126670 56,233.00 All of Lot 1 and the North 15' of Lot 2; the North 20' of Lot 3 and the South 30' of Lot 2, JANIE DANIELS SUBDIVISION, according to the map or plat thereof, as recorded in Plat Book 5, page 23, Public Records of Pinellas County, Florida, This policy valid only if Schedule B is attached. A ,. I File No, 12,415 SCHEDULE B This policy does not insure against loss or damage by reason of the following: I TIM OWNERS 12/67 FORM 2256 Policy No. AW 126670 1. Facts which would be disclosed by a comprehensive survey of the premises herein described. 2. Mechanics', Contractors' or Materialmen's liens and lien claims, if any, where no notice thereof appears on record. 3. Rights and claims of parties in possession. 4. County of Pi ne 11 as taxes .for the year 1981 and subsequent years, whi ch taxes for the year 1981 will become due and December 1, 1981. A ~ CONDITIONS AND STIPULATIONS 1. Definition of Terms The following terms when used in this policy mean: (a) "insured": the insured named in Schedule A, and, subject to any rights or defenses the Company may have had against the named insured, those who succeed to the interest of such insured by operation of law as distinguished from purchase including, but not limited to, heirs, distributees, devisees, survivors, personal represen- tatives, next of kin, or corporate or fiduciary successors. (b) "insured claimant": an insured claiming loss or damage hereunder. (c) "knowledge": actual knowledge, not constructive knowl- edge or notice which may be imputed to an insured by reason of any public records. (d) "land": the land described, specifically or by reference in Schedule A, and improvements affixed thereto which by law constitute real property; provided, however, the term "land" does not include any property beyond the lines of the area specifically described or referred to in Schedule A, nor any right, title, interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterways, bu\ nothing herein shall modify or limit the extent to which a right of access to and from the land is insured by this policy. (e) "mortgage": security instrument. mortgage, deed of trust, trust deed, or other I (f) "public records": those records which by law impart constructive notice of matters relating to said land. 2. Continuation of Insurance after Conveyance of Title The coverage of this policy shall continue in force as of Date of Policy in favor of an insured so long as such insured retains an estate or interest in the land, or holds an indebtedness secured by a purchase money mortgage given by a purchaser from such insured, or so long as such insured shall have liability by reason of covenants of warranty made by such insured in any transfer or conveyance of such estate or interest; provided, however, this policy shall not continue in force in favor of any purchaser from such insured of either said estate or interest or the indebtedness secured by a purchase money mortgage given to such insured. 3. Defense and Prosecution of Actions - Notice of Claim to be given by an Insured Claimant (a) The Company, at its own cost and without undue delay, shall provide for the defense of an insured in all litigation consisting of actions or proceedings commenced against such insured to the extent that such litigation is founded upon an alleged defect, lien, encumbrance, or other matter insured against by this policy. (b) The insured shaH notify the Company promptly in writing (i) in case any action or proceeding is begun as set forth in (a) above, (ii) in case knowledge shan come to an insured hereunder of ,any c1ai~ of title or intetst which is adverse to the title to the (Continued on inside back flap) ..,- ........ --- ....... ~ or POLICY NO. Aw 126670 AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY FORM A -1970 (Amended 10-17,701 A. a Stock Company, of Minneapolis, Minnesota TITLE INSURANCE COMPANY OF MINNESOTA SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS CONTAINED IN SCHEDULE BAND THE PROVISIONS OF THE CONDITIONS AND STIPULATIONS HEREOF, TITLE INSURANCE COMPANY OF MINNESOTA herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the amount of insurance stated in Schedule 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: I. 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; or 3. Lack of a right of access to and from the land. IN WITNESS WHEREOF, the said Title Insurance Company of Minnesota has caused its corporate name and seal to be hereunto affixed by its duly authorized officers as of the date shown in Schedule A, the policy to be valid when countersigned by an authorized officer or agent of the Company. TITLE INSURANCE COMPANY OF MINNESOTA President C....o....~.n ;;ttersi9.~nbi. : 0.../-'1 ;/../ .'-., ./4t'~/;:x< ~/ at:~7 iAUtl'~'i,;,t"" I Ag,nt/ C/ /Th' iotk~:g m,ll", :" oxp"..ly ox:~~~~':~:~:;~~:~~~:li'Y I. 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. 4. The refusal of any person to purchase, lease or lend money on the estate or interest covered hereby in the land described in Schedule A. ~.~T~ Secretary I I -.J e'I"~ ,Form 119 11'1110 " Copyright 1969 American Land Title Association COMMITMENT NO. F 2 0 4 2 7 8 I I~ o APPaovao_... AMERICAN LAND TITLE ASSOCIATION COMMITMENT - 1970 Rev. TITLE INSURANCE COMPANY OF MINNESOTA a Stock Company of Minneapolis, Minnesota TITLE INSURANCE COMPANY OF MINNESOTA, a Minnesota 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 payment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to the Conditions and Stipula- tions hereof. This Commitment shall be effective only when the 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 the fault of the Company. IN WITNESS WHEREOF, Title Insurance Company of Minnesota has caused its corporate name and seal to be hereunto affixed by its duly authorized officers on the date shown in Schedule A, to be valid when countersigned by a validating officer or other authorized signatory. IITLEINSURANCE COMPANY OF MINNESOTA ~/7~ CENTI1RY n,Tl.K & . CT lNC. counters.ie~d:.. ~/. /) By /J/ yl42 ~.%~ alidating.?ffice,l" /' ~n ~/JOb., Preside t . \tJM..24f9 .' Secretary "SCHEDUL.E AU FORM...,.. FOR USE WITH COMMITMENT FOR TITLE INSURANCE t I. . Countersign : _ - File No. 12,415 Commitment No.F 204278 SCHEDULE A 1. Effective date: October 12, 1981 at 5 :00 p .ro. 2. Policy or Policies to be issued: Amount: (a) AL TA Owners Policy - Standard Form A - 1970 (amended 10/17/70) Proposed Insured: $ 56? 133 .00 CITY OF CLEARWATER, a municipal corporation (b) AL TA Standard Loan Policy - 1970 (amended 10/17/70) $ Proposed Insured: 3. The estate or interest in the land described or referred to in this Commitment and covered herein is a FEE SIMPLE (Fee Simple, leasehold, etc.) 4. Title to the Fee Simple estate or interest in said land is at the effective date hereof vested in: LOurS GLAZER AND MARY GLAZER, his wife 5. The land referred to in this Commitment is described as follows: All of Lot 1 and the North l5~ of LQt 2; the North 20' of Lot 3 and the South 30' of Lot 2, JANIE DANIELS SUBDIVISION according to the map or plat thereof, as recorded in Plat Book 5, page 23, Public Records of Pinellas County, Florida. TIM Form 2420 This Commitment valid only if Schedule B is attached. A. ~ FILE NO. "SCHEDULE B" F1RM - FOR USE WITH COMMITMENT FOR TiH INSURANCE 12,415 - COMMITMENT NO. F204278 SCHEDULE B The following are the requirements to be complied with: 1. Payment of the full consideration tO,or for the account of, the grantors or mortgagors. 2. Instrument(s) necessary to create the estate or interest to be insured must be properly executed, delivered and duly filed for record: (a) Warranty Deed to be executed by LOUlS GLAZER AND MARY GLAZER, his wife, to THE CITY OF CLEARWATER, a Municipal Corporation. 3. Other instruments which must be properly executed, delivered and duly filed for record, and/or other mat- ters which must be furnished to the company: (a) Prior to the issuance of a Loan Policy hereunder, a copy of the Notice to Purchaser - Mortgagor Form, as required by the Insurance Commissioner of the State of Florida, must be properly executed and re- turned to the office issuing this Commitment (if applicable). 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. Rights or claims of parties in possession. 3. Unrecorded easements, if any, on, above or below the surface; and any discrepancies or conflicts in boundary lines or shortage in area or encroachments, which a correct surveyor an inspection of the premises would disclose. 4. Possible unfiled mechanics' and materialmen's liens. 5. General or special taxes and assessments required to paid in the year subsequent years. 19.81 and TIM Form 2421 A T ~----~ 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 of the proposed Insured to so disclose such knowledge. If the proposed Insured 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 ofInsured 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 com- mitted for in favor of the proposed Insured which are hereby incorporated by reference and made a part of this Commitment except as expressly modified herein. 4. Any action or actions or rights of action that the proposed Insured 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. TITLE INSURANCE COMPANY OF MINNESOTA A ,. 400 SECOND AVENUE SOUTH/MINNEAPOLIS. MINNESOTA 55401 Telephone (612) 332-5111 '..t'''-I",J/ ,... - '" ~~> " '..~ lIt.. W ...~."<'~ ~I ~ i" Cl:;F" ,"'- yfJ- 7f,: j:.. ,of ...... $., .~ ..1;,.:.5 .!ljuiil!.mL~, .)fade this I 81179466 I qM dayof;J ()o,.c7J?bc7'\..- RAMeo 1'"01:1-1 4 Between . A, D. 1981 . II at lhe County of Pinellas' part ies of the (I.rst part,and whose mailing address is PO Box 4748', Clearwater, o{ the County of . 'Pinellas LOUIS 'GLAZER and MAR Y GLAZER, his wife, o.R.5 271 PAGE 2148 and Slate of CITY OF CLEARWATER, Florida FLORIDA, a municipal corporation and Slate of Florida 33518 part y of the second part. \1jitn..esseth, that the said parties of the first part, for and in con~ideration o{ the sum of------------Te~-.--------__________Dollars, and other yood and ualuable considerations to them in hand paid. lhe receipt whereof is hereby acknowl. edged. ha ve granted, bargained. sold and conveyed. and by these presellts do ~ranl, bar- gain. sell, convey and confirm llnto the said party of the second parI and its ucce~s and assigns forever, all that certain parcel of land lying and being in the County of Pinellas and State o{ Florida . more particularly described as .follows: Lot 1 and the North 15 feet of Lot2, Janie Daniels Subdivision, according to map or plat" thereof as recorded' in Plat Book 5, page 23 of the Public Records of Pinellas County, Florida. AND The North 20 feet of Lot 3 and the South 30 feet of Lot 2, Janie Daniels Subdivision, according to map or plat thereof as recorded in Plat Book 5, page 23 of the Public Records of Pinellas County, Florida. 00 ..... IJ'~ . ~ ~ l'r'!i ~ '.r::~0 .l.. ..~ ~~ Rw; -l3~"" R, "~'m_.q "'I".. lJ:8l. _____._._. .__ 43 Int ,;;.;;- '.''l' r:.r:26 O. 3~/~ 14 141 1'2 ! n~' 7: I L;:j :[,..: r ax ~),:3 ':;.z ~ c::l ("') < r'- m ~"' (.A) ::>:: '. ;:0<; ~ ('-) ~j'~ c.o ;:~:: n -~:;~~',) V'1 c: en -I (I' . ::r::- e; (;_;~:'~t;r .::1: c;::, .t;:"" .;M''-' ,e;;;; .~ - :;:t, iJ:.Il CD ,-;I >- ,~ 1 f ;:,">: ;-:1_1 '~ ~ .53. 3.s- ."..,..,... '.' I,"'~~~,... ,'I,)c.Jl:':~(~"CI" 'y(2Y? . Together with all the tenements, hereditaments and appurtenanres. with euery priuilege, right. litle, interest and estate. dower and right of dower. reversion, remainder and easement thereto belonging or in anywise appertaining: 10 ifuue and to 1-!o!d the swne in (ee simple (o,-ever. And the said part ies of the first part do covenant with the said party of the see-olld parol that they are lawfully sei=ed of the said premises. that they are free Iron all encumbrances GILd thn.t they have good right Gild law- IIlI authority to sell the same; and the said parties of tlte first fJart do hereby fu.lly t,'crrant thp. titlp to sn.fd land, and teil! defend the same against thp. lau:ful daims of all !Jersons u:hnmsoet:p..-. "1 "'/.I'J' . -"h f ]in wtLnes5 b). ereo , the said parties of the (irst part have hereunto set their hand s and seals the day.and year above wriften, Signed. sealed and del~'~ered in our presence: ~_y-__~ ------~ -----7'~,-j~..,-_ ------":::flh: cc: f"f.q t~V.tJl-t:)(.q -'---""--i!:el):}tit;~eI-.+--------_.-. ..,'_______ "'", / J . ',1! () I.-'t;iQ.'t.o ll.& ---..'" --.-- .J-Tt(:TitJi)-,~-,--,-----u_--_.-.'--...'m_...~-- .., -- ~~---{(~---@ #4~ /.~ ..-' ------------.. .-'--------------- 0:)- _....~. '--"Mci-ry CTcizer .--.-------,-- :;, ~.~ -------m~~_y'4<:----~~-,~:~'! (,.) , '! . .. ": .,~ ,,- ,":':, .~-- I I STATE OF FLORIDA ) ) COUNTY OF PINELLAS ) O.R, 5 27 i PAGE 2149 ss: , Before me personally appeared LOUIS GLAZER and MAR Y GLAZER, his wife, to me well known and known to me to be the individual s des cribed in and who executed the foregoing instrum.ent and acknowledged before me that they executed the same for the purposes therein expressed. WITNESS my hand and official seal this crtJi, day of AJ()Ukl'Yl.h~ . A. D. 19 81 . d(Vmi/J ~ ~... ( Notary Public . .... ... .. My Commission Expires: , . ~'; '\ ' Notary Public, State of Florida at Large My Commission Expires Aug. 19. 1985 80nded Thru General Ins. Underwriters \..""" .... ~ ~ /~;-"'~ -./ ."" ..-~, ; ::" -,.. -- -' ~,~ - " '";~' ,/ .', ,-' ~. ,," ~~ I , AGREEMENT FOB. PURCHASE AND SALE OF REAL ESTA TE ~ THIS AGREEMENT, made and entered into this J.J day of -J'4--' A. D. 1981, by and between LOUIS GLAZER and MARY GLAZER, his wife, hereinafter referred to as Seller, and the CITY OF CLEAR W AT ER, FLORIDA, a municipal corporation, hereinafter referred to as Purchaser; WITNESSETH: That hi consideration of the mutual promises and covenants herein contained and other valuable considerations pas sing between the parties hereto, the Seller agrees to sell and the Purchaser agrees to buy the following described real property situate, lying and being in Pinellas County, Florida, to wit: Lots l, 2 and the North 20 feet oi Lot 3, Janie Daniels Subdivision, according to the n;lap or plat thereof as recorded in Plat Book 5, page 23 of the Public Records of Pinellas County, Florida. The total purchase price for said property shall be the sum of Fifty-Eight Thousand Dollars ($58,000.00), payable at the times and in the manner following: $40,000.00 to be represented by a purchase money mortgage payable quarterly over a period of five (5) years, with interest on the unpaid balance at the rate of ten per cent (10%) per annum, All or any part of the unpaid balance secured by the purchase money mortgage may be prepaid at any time without penalty. Balance of $18,000.00 shall be paid in full at time of closing. The closing of this transaction shall ~.. , ',,"::vre ninety (90) days from date hereof at the office of the City Attorney, Clearwater City Hall, 112 S. Osceola Avenue, Clearwater, Florida, and possession shall be delivered as of the date of closing and delivery of the Warranty Deed. IN CONSIDERATION WHEREOF, Seller agrees to convey said property to said Purchaser by good and sufficient Warranty Deed, with fee simple, marketable title, free and clear of all encumbrances of record. Ih~ D':'-1.c?t. J9Cf/eE:E~ to. (jJ/uW fhr s.cJIE/f- ir> ~~ 'lO'hA..:t-:.zt ;;;/:JI(>>iE&1 fhOPj;'"'1 01'(. UO,.d 'flhI'S CD.Jr~'t- IFNI) T 1Jf1p:;/2I.){/ . ^'t!J~f;;Tz t/-;~ ~u>r~ /9B1, -1- ThE 4/pk tPeW~.i~ /;/7'7/ 't- ~ 70 ~,-'/e ;:U:!;'U;H.~- ~F .>4e- ;>4/ Ce;: , i: I '1 """;' :" , ..().j', '1....<:../2.,..... .(,J.. ',<.Oi.,J ~ "",.~ .F\ 13 I ~ , Purchaser agrees to pay all closing costs except the taxes ior 1981 which will be prorated as of date of delivery of possession. Both parties agree that neither have used the services of a real estate broker in this transaction and no brokerage fee is due anyone. The obligations and benefits under this contract shall extend to the personal representatives, heirs, 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. Signed, sealed and delivered in the presence of: (3-M"1fI tL ~ ~" ~Vf~i ~'j-4/1- y<iiS lazer ~cy~ (SEAL) ~rn~ Mary Glaz- (SEAL) OR IDA Attest: _" ..- . ot~- ~<~_..u, ~ .. ~ City Cler~ PURCHASER -2- (- t:"./l-.J-~:-- CENTURY DTLE ANDABSTRl<<\CT, INC. I -~/ ) ij ,/ I Z50ROGER5..STREf;T; SU ITE "A" CLEARWATER, FLORIDA 33516 (813) 447-6411 JOHN W, IBUD) JOHNSON PRESIDENT December 10, 1981 ~C&L ~ CITY ATTORNEY'S OFFICE p, O. BOX 4748 CLEARWATER, FLORIDA 33518 \ ., Re: Our File No. Policy No. Legal: 12,415 AW 126670 All of Lot 1, N. 151 of Lot 2; N, 201 of Lot 3, S, 301 of Lot 2, JANIE DANIELS SUBDIVISION Please find enclosed Title Insurance Policy covering the above- .captioned case. If you have any questions concerning this, please 'feel free to contact our office. It was our pleasure to have been of ser~ice in this matter, and we look forward to doing so again in the future. Yours very truly, Rf:C:!IVEI1.l INC. . OEe 14 ,sa_ ~t:L0JUid r .",a Ene.