Loading...
JOAN BURTON- GROFF & CARTER HUBBELL JR Made this 12th day of Jul v A.D. 1994 by JOAN H. BURTON-GROFF. a married woman. and CARTER C. HUBBEL. JR.. a sinale man. AS TENANTS IN COMMON hereinafter called the grantor, to CITY OF CLEARWATER. FLORIDA. a Florida Municipal Corporation i_.II .. . . ....., (2, This W4rranty De~d I INST # 94-207365 - JLY 20 1994 4: 28PM PINELLAS COUNTY FLA. OFF.REC.BK 8731 PG 891 d,~ o .; .f" At)'.'l'i ~I<) . ~ whose post office address is: P.o. Box 4748 Clearwater, FL 34618-4748 :hereinafter called the grantee: (Whenever used herein the tenn 'grantor" and "grantee" include all the' parties to this instrument and the heirs, legal representatives and assigns of individuals, and the successors and assigns of corporations) , , Witnesseth, that the grantor, for and in consideration of the sum of $ J () . () 0 . and other valuable considerations, receipt whereof is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, releases, conveys and confirms unto the grantee, all that certain land situate in PINELLAS County, Florida, viz: LOT 4, PARKWOOD FIFTH ADDITION. ACCORDING ~O THE MAP OR PLAT THEREOF AS RECORDED IN PLAT BOOK 64. PAGE 81. OF THE PUBLIC RECORDS OF' PINELLAS COUN'fY. fo'I,ORIDA. The Grantor herein warrants and certifies that said property is not the homestead ot the Grantor as detlned in Florida Constitution. 1968. Article X. Section IV. nor ot any spouse. Parce:! Identification Number: 15/29/1S/66855/000/0040 Together with all the tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining. To Have and to Hold, the same in fee simple forever. And the grantor hereby covenants with said grantee that the grantor is lawfully seized of said land in fee simple; othat the grantor has good right and lawful authority to sell and convey said land; that the grantor hereby fully warrants the title to said land and will defend the same against the lawful claims of all persons whomsoever; and that said land is free of all encumbrances except taxes accruing subsequent to December 31, 19 93 In Witness Whereof, the said grantor has signed and sealed these presents the day and year first above The foregoing instrument was acknowledged before me this 12 by CARTER C. HUBBEL. JR.. a sinale man fl~ :-,_:-:> :'<:.r:'_~,J'i' .~. li~; :,15:.Q.C?, i:-';.;2l1!.. l i "" ~ "~"_''"''___'' "","" , . r.:~.>' '.SYjd~ 1--;3 0_"'- ~IJ1 c} 1 I ':) """ ~I ./,~! i{ ~I 'ij "J ~i .': u i ;, u c. c~ I.. :- ~' ,. " f'. ~JOAN ,B" BURTON -G Ofi'P PlneWlnds 200 -P4nc\.uods Bl. 01dsmar, FL 34677 ~~?t:lA(tj. 51 Monroe St., Suit 1503 Rockville, MD 20850 lliJ lliJ lliJ Name & Address: L_-" day of Jul v , 19 94 L-- who is personally known to me or who has produced n/a/ , . ::', ":?..~s'id~nti.fit~tion: (ltl i. ' PREPARED BY: LYNN HOFFSTETTER RECORD & RETURN TO: COAS'I'AL BONDF:U 'J.'II.l'LJ:i: CO. 50J, S. FT. HARRISON SUITE 203 CLE:ARWATJ:+;R. FL 34bl6 Fi.l. e No: 94-.L'/03~ . . 'J I~! rl . " . .', ~ ,1/) :' ~ j.,,,,,\ '~ '--~~ ' Print Name: . '~"f."H.i/;f"'~"",,,~ ." L:~~t~:~~~~on Expires: i/;l'/tit"! ...~ ~ 17<.. (./ //' , ' /' (J ) ,,'s; ;. ,"r ; , .' I ! tINELLAS COUNTY FLA. OF_E.R~_~.~!<:___8,] 31__JIG__",l39 2 STATE OF FLORIDA COUNTY OF PlNELLAS The foregoing instrument was acknowledged before me this 20 day of July" 1994 by JOAN H. BUR'lO~GROFF" a married woman who is personally known to me or who has produced Florida Drivers License as identification. ~i~ My commission expires: L yr,N HOFFS1'tT'TER ""'1 y ~L .~, S,n'e 01 Fiondll . ~'> C:'" -, 'c, 17. 1'Y)4 -Ih CC063453 , t'onvl-d lflfU h;italy PlJOUc Unoe:r..lItalS "'. ~ I I .. ~. P)L"~ '1tlw:J1Jt~ fi ;-; U /.....2D..-'1 ::-?:'14 i 6: is ~ 01 Ul LjE[)-,t~URl Oh!..'GHOFF; ~JOAN H RECORDING 1 $15:00 DOC SlAf71P '-. DH2i Sl 3 '~~577 ~ 5U 'lOTAL~ .rl'......' ('~1" ',....'..'.~;,'~I~'.':..i-t't" ~Hf:Lh Al'j I, 1 tl'lUc.K,:lt; CHANGE: $5Si2.5U $j'rL 51] $'a DO ('1')1 . "'i F:(co ...:I 1 ~ 1 t..!)i >- p., i E-l I Z , o ,-t' 0('1')1 u r--I COI en F:(~ ...:II:Q ...:I . Wu Zw r~ lf~ o/"'~~ ,. r 1/ PARKWOOD FIFTH ADDITION : CLEARWATER, PINELLAS COUNTY, FLORIOA "....,~ .. .....,.\ ...... -,.\ -'-''''~''''''Z.'>...".....,.\.......""" ......,.\ '..... ..,...., _.. 'b."T_ 'Z."'...., ~'i".'~~. I C.// 64 , DESCRIPTION .~...~'" '''~'(:'~7~'~''''~~~-i.1~1~''lO.<C~~'''''.''ro.. ~.:\:>..~'~-""'~>:<C~~=..:',~~}';~, '1'~~ ~\.:~",', 'i DEDICATION -.- v...l"..........-l '-~,."\ ........""........ ~ ....... _ -~....I: _ ~"'" ~_.:,..... ~....... ..... ~, _~.............. ;..,......~...\.""''''"' _." ..~ _ ~'''' _\.),.--.&; . --.l. ..." --.............. ,..."",",'"'1. -......,...... .....~....,..-, "'"..." ""~'\;-""""""""''''''''''-l'''''''" .."...'n..\~...\~"....._....,,""~....... ~" _ ~~.. .-,._......,.. ~...~..\~.~ -~,...... ,.......... "............... "''''''''''-';r. -. .-..-.......... ~.... .......--, -.....-....,"\ en......... .........._....... "-.... "'-'60.. .....~..._"...,::- ...._,,~~.... _"..~ \..... ....... , ~~'~--~:~:~ .~~~,~~ 5YJ;, . ~.-=- ,~ /2,~ ~ j -.. !Iaovo.,,,,. ..."".."".;.:;;_ "!:o\o.\, _\ F\_..... <-~." --- -~.....,.,..,.. '. --... -',-, ---- -....... ~-,-......\ -~.~- ..~, ......... .......:;:~~~.... -..... .......- ,~~,..:-.:'':'. ft. ...._ "..............~ _,,-~\._ _, ~ .._""'....... _ '\- ....... _~..-_.._,~, '''\~~:'''~..........,...... . .. -- ~...... - .W.... -~ -- -.....""""'~2J.....\t"r-- ~~: ,17<<_'_ ." "'.... - ".'f ., I .~~ ""'~---.:w~...__ ...____.____ CERTIFICATE OF APPROVAL OF COUNTY COMMISSION ~'\;'..(~~:\- ."., . \\ ;...~n~ _~'....4 _........... ....~... .......""..,~--..\ '-.--.L"-'l.~~.'~"",,-_--....,_~~ '_ ~_... ..~~~~ ..."\~ ~""-~E.~'" ..... . SURvEYOR'S CERTIFICATE ~..... \~.. ~~~-~ ......;........... "-4 _...,,~.._~.... ....~,\\.. \\.... _ ~~-...........;..., ...::..~ =.~~ ~=:." .~'":~~'X;:~~~~':.~~i ~~ ~~~".~)"~~~-:~.~ ...4......'_ ,,",-..-, .... ~..~~. .. ..... ..0.,..., ..."...~ ~1lI."""~___, ~, ~ iJ?, l'_ !_ ~~'"""'"' 0.-- , ,7 . . ~~s:~ ~~~~- ~~~~r~,~ -., """'-'4 _\~~." b.. v,E .............. .... - 0.\ .._~~RTIFICATE OF APPROVAL OF COUNTY CLERK ~~., p",'\\a~l-...... '--------10.... "~_"'~(:'\lr....... .\,,~, c::.-.....,.\ ...........,\\.,,__~....\""-.~ ~~,~... "'''\ , -... ...~"""... ........~ '--~~ 0."'" \~, ,\ ~~..... ''''~ . ~'"-,~~~\,. ~'" ~''""'''"~, v::,......,... .~..t.,' '''''~.._,~"..,,~...,''" ~ 0.\ ;.-~p~-'l' '.....~. ...~~,... ,.,..\. ....~~t!-"j...'Z.."'.""'... -"" -~'~.1=-\~.~,...-"--~.,... \~~.-.....I .,,:~~ I-"~ ~\4. v.,...\"'............l::..\."...\>. """,,,-,,, t:...'\oa....""\. ~'-...,h I 2._. - ....-" '''O::-~ ~o c..:: ~ -- -- --. --.. ~2 . 1::)~41 u\-\\',\,,~.. ......~. --.. -L _ ~-- 1 -------_ _______ CERTIFICATE OF A PPROVAL OF CITY COMMISSION \\ ;,.."...."Iao~ -=......,...",ol. ~Q" \\ou:!l. ~\~:!l. b........... _t.......~. ,\\ \ ......".......__ ~ ~~ ~-'..~\.~.~ l::._~...!!",.~~~.,.., "'''l:l Co"'", _\ c:..\~~"'''''IlII.\,~. '''''' -.. ---..:.,. -......\>..",....2...-.~"'l.. ~Z:....-.:-\",,~~ N& .osss."W e.<::>.c> ..so.:!:.a., II H '0 .; 0:: (} ~ -0 ~ 0;:: 'D' "2 ~' ~ III!; 0': 0:: b 2 4- 3 2. fl~-- .----- c..,\'\lv\.Q,....~ 6<>-0 ~O~O -,~,",,--- ....... 'q '0 ,.., 87 I ! >I.U:I: ,..JI- ....0- ~CJ)~ =>I.UUJ CJ):I:O <(I-~ L-a:- 50..J Z~~ woo UJ - -:I:OUi :I: () u. . () <( 0 ll._ lU t: lJ! ~ ~<(J)N WCJ)Oe:\! W-ll..C\! -OCI:m :I:Z=>'" r<ll..CO'> . ~~~;:-:~.?~ -'~\-. :':~"~~:~~'~~'~~:"~.~'- .:.,;..:...._~.< --.' ~~~ '~:?~~.. I'..;'~~ ...:;: ~ - - ~", I I Coastal Bonded Title Co. of Clearwater August 16, 1994 CITY OF CLEARWATER P.O. BOX 4748 CLEARWATER, FL 34618 Re: CBTC File No 94-17035 Dear SIRS: In connection following: with the above referenced tranJf?gaction~~h Original Recorded Deed Own~rs Policy No.SDC 20 76 17~ ;1} in the amount of $82,500.00 ~ '- In the event of Resale or Refinance of this property, please contact COASTAL BONDED TITLE CO. OF CLEARWATER for the issuance of the necessary policy. It has been our pleasure to be of serVlce to you. Please do not hesitate to contact our office should you require further information. CO. OF CLEARWATER TITLE INSURANCE - REAL ESTA TE CLOSINGS /2" (l?- / 501 S. FT, HARRISON, It203/CLEARWATER. FLORIDA 346161TEL: (813) 442-9671 Policy Number SOC 209 076 ..** * %iC, . * * ,1f * *..* SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, a Minnesota corporation, 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 sustained or incurred by the insured by reason of: 1. Title to the estate or interest described in Schedule A being vested other than as stated therein; 2. Any defect in or lien or encumbrance on the title; 3. Unmarketability of the title; 4. Lack of a right of access to and from the land, The Company will also pay the costs, attorneys' fees and expenses incurred in defense of the title, as insured, but only to the extent provided in the Conditions and Stipulations. IN WITNESS WHEREOF, the said Old Republic National Title Insurance Company has caused its corporate name and seal to be hereunder 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. Issued through the Office of: OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY A Stock Company 400 Second Avenue South, Minneapolis, Minnesota 55401 (612)371,1111 ~:)\ illilll};, '?::!!P...... :':""'i:..,,,....,.:;.if;k ' ....... i""" ,.",\\., ,.,'. '/ Secretary " ,(b',.,:,' It;' \i":\\I,I:::",,:\\ \1 ::: \~" 'I\\';:~ ,:; :~: ~, \\\,:::,'1" ' President By Authorized Signatory 0 ORTForm331 ALTA wner'sPolicylQ'17-93 with Florida modifications Attest by reason of the public records as defined in this policy or any other records which impart constructive notice of matters affecting the land, (d) "land": the land described or referred to in Schedule A, and improvements affixed thereto which by law constitute real property, The term "land" does not include any property beyond the lines of the area 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, but 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": mortgage, deed of trust, trust deed, or other security instrument. (f) "public records": records established under state statutes at Date of Policy for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without knowledge, With respect to Section 1 (a)(iv) of the Exclusions from Coverage, "public records" shall also include environmental protection liens filed in the records of the clerk of the United States District Court for the district in which the land is located, (g) "unmarketability of the title": an alleged or apparent matter affecting the title to the land, not excluded or excepted from coverage, which would entitle a purchaser of the estate or interest described in Schedule A to be released from the obligation to purchase by virtue of a contractual condition requiring the delivery of marketable title. 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 only so long as the insured retains an estate or interest in the land, or holds an indebtedness secured by a purchase money mortgage given by a purchaser from the insured, or only so long as the insured shall have liability by reason of covenants of warranty made by the insured in any transfer or conveyance of the estate or interest. This policy shall not continue in force in favor of any purchaser from the insured of either (i) an estate or interest in the land, or (ii) an indebtedness secured by a purchase money mortgage given to the insured. 3. Notice of Claim to be Given by Insured Claimant. The insured shall notify the Company promptly in writing (i) in case of any litigation as set forth in Section 4(a) below, (ii) in case knowledge shall come to an insured hereunder of any claim of title or interest which is adverse to the title to the estate or interest, as insured, and which might cause loss or damage for which the Company may be liable by virtue of this policy, or (iii) if title to the estate or interest, as insured, is rejected as unmarketable. If prompt notice shall not be given to the Company, then as to the insured all liability of the Company shall terminate with regard to the matter or matters for which prompt notice is required; provided, however, that failure to notify the Company shall in no case prejudice the rights of any insured under this policy unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice. 4. Defense and Prosecution of Actions; Duty of Insured Claimant to 1. Definition of Terms. Cooperate. The following terms when used in this policy mean: (a) Upon written request by the insured and subject to the (a) "insured": the insured named in Schedule A, and, subject to options contained in Section 6 of these Conditions and Stipulations, any rights or defenses the Company would have had against the the Company, at its own cost and without unreasonable delay, shall named insured, those who succeed to the interest of the named provide for the defense of an insured in litigation in which any third insured by operation of law as distinguished from purchase including, party asserts a claim adverse to the title or interest as insured, but ~ut not limited to, heirs, distributees, devisees, survivors, personal only as to those stated causes of action alleging a defect, lien or representatives, next of kin, or corporate or fiduciary successors, encumbrance or other matter insured against by this policy. The (b) "insured claimant": an insured claimin9tloss or damage, Company shall have the righ"to,.. select counsel of its choice (subject (c) "knowledge" or "known": actual knowlfJge, not . to the right of the insured tcfobject for reasonable cause) to constructive knowledge of notice Vilhich may be imputed to aq ~ured,"i represent the insured as to thtie stat~ causes of action and shall EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which may arise by reason of: 1. (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating to (i) the occupancy, use, or enjoyment of the land; (ii) the character, dimensions or location of any improvement now or hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part; or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. (b) Any governmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. 2, Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge. 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, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy; (c) resulting in no loss or damage to the insured claimant; (d) attaching or creating 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. Any claim, which arises out of the transaction vesting in the insured the estate or interest insured by this policy, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that is based on: (a) the transaction creating the estate or interest insured by this policy being deemed C3 fraudulent conveyance or fraudulent transfer, or (b) the transaction creating the estate or interest insured by this policy being deemed a preferential transfer except where the preferential transfer results from the failure: (i) to timely record the instrument of transfer; or (ii) of such recordation to impart notice to a purchaser for value or a judgment of lien creditor. CONDITIONS AND STIPULATIONS :..._' '- ~....... ,.--.. ~ - - ~ -"., " File Number 94-17035 Policy Number SDC 209076 Amount$ 82,500.00 1. Policy Date Jul y 20, 1994 at 0 4 : 2 8 PM .*If- * %-tc ic * ~ . * ~ ** 2. The Insured hereunder, in whom title to the fee simple estate is vested at the date hereof, is: CITY OF CLEARWATER, FLORIDA, a Florida Municipal Corporation PINELLAS 3. The land referred to in this policy is situated in the County of State of Florida, and is described as follows: LOT 4, PARKWOOD FIFTH ADDITION, ACCORDING TO THE MAP OR PLAT THEREOF AS RECORDED IN PLAT BOOK 64, PAGE 87, OF THE PUBLIC RECORDS OF PINELLAS COUNTY, FLORIDA. ORT OWNERS FORM 3504 This policy valid only if Schedule B is attached. File Number 94-17035 Policy Number SDC 209076 ITEMS 1 through 4 ARE HEREBY DELETED This policy does not insure against loss or damage by reason of the following: 1. Facts which would be disclosed by an accurate and comprehensive survey of the premises herein described. 2. Mechanic's, Contractors' or Materialmen's liens and lien claims, if any, where no notice thereof appears of record. 3. Rights and claims of parties in possession. 4. Easements or claims of easements not shown by the public records. 5. General or special taxes and/or assessments required to be paid in the year 1994 and subsequent years. 6. SUBJECT TO EASEMENTS AS FILED IN OR BOOK 3258, PAGE 290 TO FLORIDA POWER CORPORATION, PINELLAS COUNTY RECORDS. 7. EASEMENT TO THE CITY OF CLEARWATER FILED IN OR BOOK 4336, PAGE 1028 AND REFILED IN OR BOOK 4446, PAGE 793, PINELLAS COUNTY RECORDS. 8. RESERVATION OF DRAINAGE EASEMENT FILED IN OR BOOK 3110, PAGE 464 AND OR BOOK 3110, PAGE 467, PINELLAS COUNTY RECORDS. 9. 10 FOOT DRAINAGE/UTILITY EASEMENT AS FILED IN PLAT BOOK 64, PAGE 87, OVER THE REAR OF CAPTION. ",'- ~ . ::~".~~~~-....,~.-.--------....~~..,.,.- .-~-' not be liable for and will~no; ~a;the fees of an) other coun~el. The ' Company will not pay any fees, costs or expenses incurred by the insured in the defense of those causes of action which allege matters 'not insured against by this policy. (b) The Company shall have the right at its own cost, to institute and prosecute any action or proceeding 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, or to prevent or reduce loss or damage to the insured. The Company may take any appropriate action under the terms of this policy, whether or not it shall be liable hereunder, and shall not thereby concede liability or waive any provision of this policy. If the Company shall exercise its rights under this paragraph, it shall do so diligently. (c) Whenever the Company shall have brought an action or interposed a defense as required or permitted by the provisions of this policy, the Company may pursue any 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. (d) 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 shall secure to the Company the right to so prosecute or provide defense in the action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of the insured for this purpose. Whenever requested by the Company, the insured, at the Company's expense, shall give the Company all reasonable aid (i) in any action or proceeding, securing evidence, obtaining witnesses, prosecuting or defending the action or proceeding, or effecting settlement, and (ii) in any other lawful act which in the opinion of the Company may be necessary or desirable to establish the title to the estate or interest as insured. If the Company is prejudiced by the failure of the insured to furnish the required cooperation, the Company's obligations to the insured under the policy shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, with regard to the matter or matters requiring such cooperation. 5. Proof of Loss or Damage. In addition to and after the notices required under Section 3 of these Conditions and Stipulations have been provided the Company, a proof of loss or damage signed and sworn to by the insured claimant shall be furnished to the Company within 90 days after the insured claimant shall ascertain the facts giving rise to the loss or damage. The proof of loss or damage shall describe the defect in, or lien or encumbrance on the title, or other matter insured against by this policy which constitutes the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. If the Company is prejudiced by the failure of the insured claimant to provide the required proof of loss or damage, the Company's obligations to the insured under the policy shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, with regard to the matter or matters requiring such proof of loss or damage. In addition, the insured claimant may reasonably be required to submit to examination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reasonable times and places as may be designated by any authorized representative of the Company, all records, books, ledgers, checks, correspondence and memoranda, whether bearing a date before or after Date of Policy, which reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the insured claimant shall grant its permission, in writing, for any authorized representative of the Company to examine, inspect and copy all records, books, ledgers, checks, correspondence ..' and memoranda in the custJy or control of a third party, which reasonably pertain to the loss or damage. All information designated as confidential by the insured claimant provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment of the Company, it is necessary in the administration of the claim. Failure of the insured claimant to submit for examination under oath, produce other reasonably requested information or grant permission to secure reasonably necessary information from third parties as required in this paragraph shall terminate any liability of the Company under this policy as to that claim. 6. Options to Payor Otherwise Settle Claims, Termination of Liability In case of a claim under this policy, the Company shall have the following additional options (a) To Payor Tender Payment of the Amount of Insurance. To payor tender payment of the amount of insurance under this policy together with any costs, attorneys' fees and expenses incurred by the insured claimant, which were authorized by the Company, up to the time of payment or tender of payment and which the Company is obligated to pay. Upon the exercise by the Company of this option, all liability and obligations to the insured under this policy, other than to make the payment required, shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, and the policy shall be surrendered to the Company for cancellation. (b) To Payor Otherwise Settle With Parties Other than the Insured or With the Insured Claimant. (i) to payor otherwise settle with other parties for or in the name of an insured claimant any claim insured against under this policy, together with any costs, attorneys' fees and expenses incurred by the insured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay; or (ii) to payor otherwise settle with the insured claimant the loss or damage provided for under this policy, together with any costs, attorneys' fees and expenses incurred by the insured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay. Upon the exercise by the Company of either of the options provided for in paragraphs (b)(i) or (iil, the Company's obligations to the insured under this policy for the claimed loss or damage, other than the payments required to be made, shall terminate, including any liability or obligation to defend, prosecute or continue any litigation. l Determination, Extent of Liability. This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by the insured claimant who has suffered loss or damage by reason of matters insured against by this policy and only to the extent herein described. (a) The liability of the Company under this policy shall not exceed the least of: (i) the Amount of Insurance stated in Schedule A, or, (ii) the difference between the value of the insured estate or interest as insured and the value of the insured estate or interest subject to the defect, lien or encumbrance insured against by this policy. (b) The company will pay only those costs, attorneys' fees and expenses incurred in accordance with Section 4 of the Conditions and Stipulations. 8. 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 the parcels but not all, the loss shall be ,'. computed and settled on a pro rata baSi! as if the amount of insurance under this policy was divided PIO 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 parcel by the Company'and the insured at the time of the issuance of this policy and shown by an express statement or by an endorsement attached to this policy. 9. Limitation of Liability (al If the Company establishes the title, or removes the alleged defect, lien or encumbrance, or cures the lack of a right of access to or from the land, or cures the claim of unmarketability of title, all as insured, in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused thereby. (b) In the event of any litigation, including litigation by the Company or with the Company's consent, the Company shall have no liability for loss or damage 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. (cl The Company shall not be liable for loss or damage to any insured for liability voluntarily assumed by the insured in settling any claim or suit without the prior written consent of the Company. 10. Reduction of Insurance; Reduction or Termination 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. 11. Liability Non-cumulative. It is expressly understood that the amount of insurance under this policy shall be reduced by any amount the Company may pay under any policy insuring a mortgage to which exception is taken in Schedule B or to which the insured has agreed, assumed, or taken subject, or which is hereafter executed by an insured and 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 to the insured owner. 12. Payment of Loss. (a) No payment shall be made without producing this policy for endorsement of the payment unless the policy has been lost or destroyed, in which case proof of loss or destruction shall be furnished to the satisfaction of the Company. (b) When liability and the extent of loss or damage has been definitely fixed in accordance with these Conditions and Stipulations, the loss or damage shall be payable within 30 days thereafter. 13. Subrogation Upon Payment or Settlement. (a) The Company's Right of Subrogation. Whenever the Company shall have settled and paid 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 the insured claimant would have had against any person or property in respect to the claim had this policy not been issued. If requested by the Company, the insured claimant shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect this right of subrogation. The insured claimant shall permit the Company to sue, compromise or settle in the name of the insured claimant and to use the name of the insured claimant in any transaction or litigation involving these rights or remedies. -- .... .~ . If a payment on~ccount of a claim does not fully cover the loss of the insured claimant, the Company shall be subrogated to these rights and remedies in the proportion which the Company's payment bears to the whole amount of the loss. ' If loss should result from any act of the insured claimant, as stated above, that 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 by the policy which shall exceed the amount if any, lost to the Company by reason of the impairment by the insured claimant of the Company's right of subrogation. (b) The Company's RirJhts ArJainst Non-Insured OblirJors. The Company's right of subrogation against non-insured obligors shall exist and shall include, without limitation, the rights of the insured to indemnities, guaranties, other policies of insurance or bonds, notwithstanding any terms or conditions contained in those instruments which provide for subrogation rights by reason of this policy. 14. Arbitration. Unless prohibited by applicable law, arbitration pursuant to the Title Insurance Arbitration Rules of the American Arbitration Association may be demanded if agreed to by both the Company and the insured. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the insured arising out of or relating to this policy, any service of the Company in connection with its issuance or the breach of a policy provision or other obligation. Arbitration pursuant to this policy and under the Rules in effect on the date the demand for arbitration is made or, at the option of the insured, the Rules in effect at Date of Policy shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the land is located permit a court to award attorneys' fees to a prevailing party. Judgment upon the award rendered by the Arbitrator{s) may be entered in any court having jurisdiction thereof. The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules. A copy of the Rules may be obtained from the Company upon request. 15. Liabililty Limited to this Policy; Policy Entire Contract. (al This policy together with all endorsements, if any, attached hereto by the Company is the entire policy and contract between the insured and the Company. In interpreting any provision of this policy, this policy shall be construed as a whole. (b) 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 by any action asserting such claim, shall be restricted to this policy. (c) No amendment of or endorsement to this policy can be made except by a 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. 16. Severability. In the event any provision of the policy is held invalid or unenforceable under applicable law, the policy shall be deemed not to include that provision and all other provisions shall remain in full force and effect. 17. Notices, Where Sent. All notices required to be given the Company and any statement in writing required to be furnished the Company shall include the number of this policy and shall be addressed to the Company at its home office, 400 Second Avenue South, Minneapolis, Minnesota 55401 , (612) 371-1111. 'f -~- ] I "- CITY OF CLEARWATER Interdepartmental Correspondence Sheet TO: Cynthia E. Goudeau, City Clerk FROM: Miles A. Lance, Assistant City Attorney ~ DATE: City.s Purchase of 1364 Jeffords (Groff-Hubbel) July 26, 1994 RE: This property purchase was completed on July 20, 1994, and enclosed are the following documents: Contract for Purchase and Sale Closing Statement Title Commitment # CA 161378 issued by Old Republic National Title Insurance Company Copy of the Statutory Warranty Deed Copy of Survey Copy of Bingham's Termite & Pest Control, Inc. Inspection I will forward the original warranty deed and title policy when I receive them. MAL:ln Enclosures Copy to: Margie Simmons, Acting Finance Director w/copy of settlement statement C()!llI1M~1 101\ :;,\1.10 A/lU I'l.!.!!!:l!~ PAn1'1~S: Carter C. Hubbe 1, Jr., Co-TriIs tee & Joan Burton Gtof~, Cet-Trustee r~_ell~('\ ~,' 20'157 AIDethyst Ln, Germanto~ Md..& 200 pl,.newoods Bl., Otl.ismar,Fl. IPhone I, ~nd. City of Clearwater, Flor~da, a Flor~da Mun~c~pal. Corpor~on 1"!!!:!X~{1 pI P. '0. Box 4748, Clearwater, Fl. 34618;"4748'''" IPhone 462-6042 " '. Neby ogreo Ihat Iho Selle, ~h~1I sell ond Buyer shllll buy the lollowing rc~1 properly n1e~l1erl'i") nnd perr.onol properly l"personnl!y") (collecUvoly '[roper I""') upon Ihe lollowln: It!r,,,S ond condillons, which INCLUDE lho Slondards lor nr.~1 Esl~lu Tronsocllons rSIMd~fd(sJ"fiirll1led on Iho roverso 0' olli\ched I!nd any Alders on Addenda 10 Ihls lnsllumen: J. DESCRIPTION: " . . . (n) Legnl descrlplion 01 neal Ploperly localed In Counly, Florida: Lot 4, PARKWOOD SUBDIVISION 5th ADDIT;ON, accordin to lat thereof as recorded in Plat Book 64 Pa e 87 of the Public Records of Pinellas County, Florida. Ib)' Slreeladd,oss,clly.zlp,o;lhePrOpcrlyls: 1364 Jeffords St.. Clearwater, Fl. 34616-6227 (cl Pelsonally: All a liances dra eries car window treatments lands'ca all attachments, fixtures and furnish in s OTHER THAN TENANT OWNED. All a coorin s stems, plumbin & electrical s stems doors windows & their res ~ctive hardware II. pu~cP.fsolp~~c;:~.~. ..~?~...?~ ..~.:. ...?.. .~~,7.:.f ~~ ?~.~.. ,~.?,~.. ?~.:.~.~..... ~.,~. ..~.~.~.~~:.. ....I... ........... ....;.......: $ 82 500 00 PAYMENT: la) Deposll(s) 10 bo held In escrow by . N / A I In Iho oniounl 01 .. $ Ib) Addillonal escrow deposil v:.lthtn N / A days oller EllecUve Dalo III lhe amounl of ...........................................:........ $ (c) Sublecl 10 AND assumpUon ~I morlgog!lln good slanding In favor ?' N / A s. & 1:0 be N/A N/A having on npploxlmolo presenl principal balance 01 .. $ N I A Idl PUlchase money morlgollo and nole bearing annuollnleresl at N / A '/.(seo Addend,um)In amounl or .................................. $ N I A leI Olher: N / A $ N / A (I) Balance 10 close IU.S. cash. LOCALLY DRAWN cerlllied or coshler's checkl, 6ull)cclto ~dillslOlenls and prorollons ........................,.. $ 82 . 500 .00 : III, TIME FOR ACCEPTANCE; EFFECTIVE DATEj FACSIMILE: 1/ Ihis ollor Is nol execuled by and delivered 10 all parUes OR FACT OF EXECUTION communlcaled In wrili",>! boiween the porlles on or belore PER ADDENDUM . Ihe dcposllls) will. 01 Buyer's opllon: be returned 10 Buyar and Ihls oller withdrawn. A lac simile . copy 01 Ihls Conlracl for Sale and Purchaso ("Conlracl") and any Ilgnalures hereon sholl bo COllslde,ed lor all pu'po.os as odglnols. The dohl 01 Contracl l"Ellecllvo Dalo") will bo Ihe dale when Ihe lasl onoollhe Buyer and Seller has signed Ihls oller. INANCING: THIS PARAGWH NULL & VOID AND OF NO EFFECT. la) 1/ Iha rica or onY.J!.arl 01 It Is 10 bo IInnncod by 0 U;ird.parly lonn, Ihls Conlrocl Is condilloned on Iha Buyor oblalnl"'>! a wrltlen commilmenl lor (CHECK (I or 12) or (3)): (I) a U an adluslablo or (3) 0 a IIxad or adjuslable raleloanwllhin~ days allar Ellecllve Date al an Inlllallnteresl role not 10 exceed~ 'I. lerm 01 years and lor I lomounl 01 S . BlIyer will moke applicollon within days aller Ellecllvo Dale and use reasonallh diligence 10 oblain Iho loan commilmcnl and. 10 OIeol Ihe lerms and condilions 01 Iho cO'flOlllmenl end close Ihe loan. Buyer shall pay all loan expenses. II Buye. lails 10 oblaln tho commitmenl or la/ls 10 waive Buyer's r r lI~s subporngroph wllllin Ihe limo lor oblalnloo Iho commltmenl or allar diligent ellorl lalls 10 meel Ih. lerms and condilions 01 the commilmenl, thon ellher party lhelealler ,willen nolice 10 Ihe olher may cancel Ihe Conlracl and Buyer shall be relunded Ihe deposil(s: lb) Tho exlsllng morlgnge described In Parag,aph IIlc) above has lCllECK II) or "(2) : varlollle Inle.osl role or (2) 0 a IIxed Inleresl rale 01 'f. per annun' I . . I, ,AI lime olliUe Iransler some IIxed Inlelesl rales are subjecllo Incrcase,l/lncleosed. tho ralo sholl nol excee 'Y. per annum. Seller shall, wilhln . days aile . Elleclive Dole, furnish slalemenls from all mO'lgageos slollng'princlpnl bnlonces: melhod 01 poymenl. Inleresl role 0 morlgilgos. II Buyer has agreed 10 assurno morlgoge which requires approval 01 Buyer by Iho morlgngee for ossumpllon, Ihen Buyer shall promplly obloln 1111 requIred appl c will diligenlly complelo and lelur Ihem 10 Ihe morlgogee. Any morlgagee chargols) nollo exceed S . shall be paid by III nol/llle. divldedl.1f Buyer Is nc accepled by morlgageo or Ihe reQulremenls lor assumplion llra nol In accordance "wilh "Ihe tOlms of Ihis Conlracl or mOllgogee makes a charge In excess 0 cd omOlln Seller or Buyer may rescInd Ihls Conlracl by p,ompl wlltlen nollee 10 Iho olher par Iy unless eilher elecls 10 pay Ihe Incleasa In Inlelasl role or exce 55 morlgagee V. TITLE EVIDENCE: Alleasl 15 (lays belore c10~1n9 dale, Seller shall..ol Seller's expense, deliver 10 Buyer or Buyer's allorney, In accoldanco wilh Sland;ud I (CHECK (II or 12)): (11 0 abstract 01 lille or (2) filllle Insuranco commilmenl and, oller closing, owner's policy ollillo Insurance. VI: CLOSING DATE: This lransacllon sh~1I be closed and lhe deed and olher cl~sln<J pape.s delivered on PER ADDENDUM ,unless exlended by olher provisions 01 Conlrac VII. RESTnICTIONS; EASEMENTS: LIMITATIONS: Bllyer shalllnke lille subjecllo: loning. restrlclions. prohiblllons and olher requirements Imposed by governnlcnlal autholily: le.loIclio.. and mailers appearing on Iho pial or otherwlso common 10 Ihe subdivision; public ulilily eosomenls of rocord (easemenls are 10 be Iocaled con\lguous 10 Reol Properly linas 0' Mt mure than 10 lee I In wldih ;;s 10 the reor or Ironl lines nnd ! 'I, leel In widlh os 10 the side lines. unless otherwise slaled hereIn); laxes lor yoar 01 closing and subse,~ua' years; assumed mOllgages and pu'lchase money morlgages. il any; olhor: NONE. '.' ; plovid~, Ihallhero exists al closing no vIola lion ollhe loregolng and nono 01 Ihem provonls uso 01 neal Properly ror Res ide n t i a 1 &. Pub lie purpose(s VIII. OCCUPANCY: Seller warronls Ihol Ihere are no porlles In occuponcy olher limn Seller; bul. 1/ Properly Is Inlended 10 be lenled or occupi'Jd beyond closing. Iho loci and le.n thereol shall be slated herein and Ihe lenonlls) or' occupanls disclosed pulsuanl 10 Sln"dnrd F, Seller ~greos 10 dellvor occuponcy 01 PIOperly al limo 01 closIng unless olhorw!! slaled heleln. II occupancy Is 10 be delivered belore c1osh'9, Buyer assurnes all Ilsk 01 loss 10 Properly Irom dole 01 occupancy, shall bo rosponslllle and lioblo lor malnlonance Iro Ihal date, ond shall be deemed 10 have accepled Properly In Its exls\lng''CoO(lilion as 01 lime 01 la~lng occupancy unless otherwise slated herein or In a separole wrlllng. IX. TYPEWnlTTEN OR IiAlWWnlTTEN pnOVISIONS: T)'pewrlllen or handwrlllen provisions shall conlrol all prlnled provisions 01 Conlraclln COlllllel wilh Ihem. X. nlOEns: (CHECI< II any 0; Iho followIng RIders are appllcnble and aro aUached 10 lIils Con\ract): I.) 0 COASTAL CONSTnUCTION CONTnOL LINE RIDEn (el 0 FonEIGN INVESl MENT IN /lEAL rllOPEmy TAX ^CT nlDER' 10\ 0 FilA/VA RIDEn IbID CONDOMINIUM nlDER Id) 0 INSUUlIION RiDER' (II 0 OHIEn: 1 XI. ASSIGNABILITY: (CHECI< (II or (2)): Buyer (II 0 may assign or (2)fX may nol osslglll/l\s Conlroc!. Xll. SPECIAL CLAUSES: (CHECK (I) or 1211: AddenduOlIllXXls allnchod or (2) 0 Ihelt,ls no Ad~ellduOl, XIII. TIME IS OF THE ESSENCE OF TIllS CONTnACT. BUYEn'S III III AI XIV. DISCLOSUnES: Buyer ~ acknowledges or 0 does nol ocl,~wled~e ,oc;elpl o/lheX~/rod~n/compensallon iII1J(x:Jli:IQN~~Gnt~<1t~~..: THIS IS INTENDED TO DE ;0... LEGALLY BINDING CONTRACT. IF NOT FULLY UNDEnSTOOD, SEEK TilE ADVICE Or- ANATTOnt-IEY PnlOR TO SIGNING. nus FORM HAS BEEN APpnOVED BY HIE FLORIDA ASSOCIATION OF nEALTOnS AND THE FLORIDA BAR. Approval does nol conslilllfa all opInIon lilal OilY of Iila lerlllS olld condifiolls in IIlls COlllracl s/lo/Jld ba oeeeplcd by //la parlles In 8 pw/lcu/n( Itansac/lO/I. Terllls WId condll/O/ls sllould be negotlaled bllsed /Jporr 1/.0 r01;lccllvo in/erosls. ob/cctlvos and btlrgalllillg posilloflS of a/l Infelosled persons. COPYRlGl-IT 190 I DY TIlE FLORIDA [1.\11 AND TIlE FLORIDA ASSOCIATION OF REALTORS --------------- C~TY OF CLE^RW^TER - - - - -"- - - - - - - - - - sf /~/'1 Y 0010 . /... r, !>-J/~/r,v D.1tl~ . I o//r,/f'/ 0:1111 t1y1--~ ' I ,/ P--0~ I ,..'C i t~1 '^t',torney r/!(,/f~ D.:Jt(! SOcl~ISer.urily or Tax 1.0. I ~Sit und~r Poragrapf. 1I~1 r celved; If OTHEn THAN CASH, "lHEN SUBJECT TO CLEAnN~CE. . N I A . ! . 'S F'\::E: (OlE' AND COMF-lETE HIE ONE APPLICABLE) . . By: N I A . o IF f\ LIST..-- EMENT IS CUnnEllTLY IN EFFE~!i . . OR sener agren:l<l rny I ~llorow,lncludlng cooperaUng sub.ngm;ls n"mod. nccordinQ 10 1~~)orl11s 01 an exlsllng, 5eparale IIsllng agreemenl: ' o D .C.arter.'C. Hubbel,;.Jr.., Trustee o (Escrow Ag IF NO LISTING AGREEMENT IS cunnEN -ECT: Seiler allrees 10 pay Ihe1lrOliir namod lielow, animo 0 c Ihn tl/sburscmenls 01 Iho proceeds 01 Ihe salo. compensallon In Ihe amounl 01 (COMPLETE OtlL YO _ .,. 01 gross purchose pllce or $ lor Bmkcr's services. . 111 lho solo by linding Iho Duycr ready, willing and abla to purchasa pursuanllo.lho loreg. Conlract. 1/ Bvyer lolls 10 perlorm Rnd deposll(s)Is rololned. 50'Y. Ihe'eol. bill n<:it eXCep.l" ket's leD oboyo provided, sholl be paid Oroksr as lull eonslderallon lor Eltok servIces. Including cosls expendo!l by Broker, and lhe bolanca sholl b'l paid 10 Sollnr. II Iho I",,'.ocl n closs bocause 01 rnluS<l1 or Inilure 01 Soller 10 pcrlorm. Seller l poy lhe lull lee \0 Beokcr on dllITlo,xl. In any IIl1gollon arising oul 01 Iha Conlracl ~oncelOlng 1110 Brokcr's leo, Iho I . nlly shnll rocover reasonnble ollolocy's Ip.cs ond cc o\': -.. r n' ,\I'f'll' rr' ..-.i.,....1 'I v) (Iillll n;Jlllp. 01 ~1l:1i1'1 (Irol'crl nv: __~.,.--_ - _.0_-.------ ---'--'--"- (;lIll1"l'llfO'l '"1'l\ah"yl . (Ii.m nn""1 oll;~,li,,~ [\"l~.p.r) . STANDARDS FOR REAL ESTATE TRANSACTIONS A. EVIDEN~E OF n;LE: III ~ ob.lracl 0' IIl1e ptepar.t or bro~ghl cur;enl~y B re~Jlable and e~lsling ebslracl lir1 (iI nol exisling then cerlifled es correcl by ~"exlslinO"I~1 purporling 10 be en Bccurale synopsis 01 Ihe in.lrumenlJ;'olleCling IlIle 10 lhe fleal Properly recorded Inlhe public rlord' 01 Ihe counly wherein Real Properly l's lo~oled IhrQ,ugh EI/ecllvo Dalo and wl)lch shall commence wllh Ihe earllesl public rodo/ds, or such laler dolo as may be cuslomary In Ihe counly. Upon closing 01 Ihls Iransacllon, Ihe obslracl sha" be como lhe properlY 01 Buyer, sublecl 10 Ihe rlghl 01 ralenlion Iheleol by Ulsl mortgagee unlil lully paid. (2) A lille Insllmnce commilmenl Issued by e Florida licensed lille Insurer ogreelng 10 issue 10 Buyer, upon recording 01 Ihe deed 10 Buyer, on ownor's policy 01 lillo Insuronco In Ihe amounl 01 Ihe purchase price Insuring Buyor's Illle 10 Ih\, neal PrOrjerly, sublecl only 10 liens, encumbrancos, excepllons or qualilicollons sel lorlh In Ihl. COlllraei ond Ihose whiCh shull be di~cholglld by Seller 01 or belore closing. Selier shall convey markelable IlIle sublecl only 10 liens, encumbroncos, excepllons or qualilicolions specified In Ihe Conlrac\. Marl.elable IIl1e sholl be delermined according 10 applicoble Tille SloM,lIds edopled by aulhorily 01 The Fie/ida Ber and In accord:lnce willllaw, Buyer shall havo 30 day" II obslrocl, or 5 dol'S, If lille commllmenl, 'rom dale 01 receiving evidence 01 hlle J 10 examine II. If IlIle Is lound deleetlva, Buyer shall, wilhln 3 days. nolily Sellu, I" wrilino spc,eily1lliJ duluellsl. II lhtl dclolcl(sl rundor lillll u,"nalketable, Sell~r will hove 120 dOll'S I'\lm leceipl 01 nolice wllhiri which 10 romove Ihe delecl(s), lalllng which Buyer sholl have. Ihe oplio" 01 eilher accepllng Ihe lillo os 11 Ihen Is or demanding a relund 01 dellOsil('1 paid which shalllmmedialoly be relumed 10 Buyer; Ihereupon, Buyer and Sollor shall release one anolher 01 all IUlther obligalions under Ihe Conlracl. Seiler shall. if Iille is lound unma,kul..ble, I use diligenl el/orllo correcl delecl(s) In the III Ie wilhln lho time provided Iherelor,lncludlno lhe brlnillng 01 noceSSOlr:! suils.. .' .' B. PURCHASE MONEY MORTGAGE; SECUnlTY AGnEEMENT TO SELLER: A purehns~ moriey morl(logo end morlgage nole 10 Seller ,hall provide lor e 3D-day grece period In Ihe evenl of de/Dull If a IIISI merlgage end e 15-dey grace period II 0 ,econd 01 lasser mortgaue; shull provlds 101 righl 01 prepaymenl In whole or In po'l wilhoul panally; "hall nol permil eccelelsllon or Inleresl edjustmenl In evonl 01 lesolo' 01 naal ProPolly: shall requiro 011 prior liens and encumbrances 10 be kepi in good slanding and lorbld modilicalions' 0' or lulure advances under prior motlgago(s): ond Ihe morlgnge, nolo and $OCurlly 1I0reomonl ShOlIl bo olhorwise In form and conlanl required by Seller; bul Seller may only rOQuire clauses cuslomarlly found In ITlOIIgages, mOrlgage ooles ond sllcurlly agreomenls genurally ulilized by, savings ond loan Inslllullons or sfOlle or nnllonal bOlnk, locolod In Ihe counlY whereio.Real Properly Is localed. All Personally ond leasos being I;onveyod or nsslgned will, 01 Sellcl's oplion, bo subjecl 10 Ihe lien 01 0 security ag/eemenl evidenced by recorded .inoncing slalemenls. II a balloon merll/age, Iha IInal paymenl will a~coed Ihe periodic paymenls Ihoreon. . C. SURVEY: B~'er. al Buyar's eKpensp.,. wilhin limo allowed 10 deliver evldenco o. 1iI1e nnd 10 exnmine &Olme, may have neal Prop6rly sllrveyod and cerlllled by a reglslered Flelida su,veyor.1I survey shows encroachmanl on neol f!lOpolly 01 Ihallmprovemenls Iocaled on Ileal Properly encroach on selback linos, eosemenl., lands 01 olhars Or vlolale any reslriclions, Conlracl covenanls or applicable governmenlnl logulaliori, Ihe 50lme shall conslllulo 0 11110 deloe\. .' . D. :rERMITES: Buyer. 01 Buyer's expense, wilhln lime allowed 10 deUver evidence 'of title nnd 10 e~Olmlne somo, may have Real Prope;ly Inspecled by e Florida Cerlilied Pesl Conllol Operalor 10 dol ermIne 1/ lhere Is any visible ocllvo lelmllo Inloslallon 01 visible oxisllng dnmaoe Irom lermilo Infeslnlion I" lhe improvemenl,. 1/ eilher or bolh are lound, Buyer will have 4 days Irom dale 01 wrlllen nollctt Ihereo/ wilhln which 10 have nil damages, whelher visible 01 nol, Inspacled ond 1l.lImaled by'n IIcensiid'llUilder or general 'conlraclor. Sellel sholl pOly valid cosls 01 Irealmenl and repOlIr 01 nil damage up 10 2'1. of purchOlse price. Should such cosls. exceed Ihal omounl, Buyer sholl have .Ihe oplion 01 cancelling Conl,ocl wllhln 5 days aller recelpl 01 conlloclor's repair esllmole by giving wrillen nollce 10 Seller or Buyel may elecl 10 procoed wUh Ihe transoclion, In which evenl Buyer ShOlIl receive a credil al closing 01 en amounl eqlJal 10 fho 10101 of Ihe Ileolmonl nnd repOlI( esllmole nol In excess 01 2'\'. 01 Ihe purchOlsa price. "Termlles' sh.all be deemed 10 Include 811 wood deslroyl"9.orgonlsms required 10 ce ,eporled under Iho Florida Pesl Co.nlrol Ac\. E. IIIGRESS AND El;>RESS: Seller warranls and represenls Ihal Ihero is Ingross Olnd egres, 10 Iha nenl Prop art I' sullicient lor Ihe inlen~ed use as describod In Paragraph VII heleol, , lille 10 which Is In accordance wilh Slondard A. . . , . . .,:: , . . F, LEASES: Seller shOlll, nol loss Ihon 15 days beloro closing, lurnlsh 10 Buyor coplas 01 all wrille" loases ond eSloppallellels from each lenanl specifying Ihe nolure and duralion 0' U,a 'Ieliant's occupancYi'renlal rales, advanced renl and securlly daposils paid by lenon\. II Seller Is unOlblo 10 obhlln such lel/er Irom eOlch lononl, Ihe SOlme Inlolmallon shall be 'lurnlshed by Sellel 10 Buyer wilhln Ihol limo period In Iho lorm o. n Soller's afliuovll, 'antl .Ouyel mny Ihereallol coni act lenanls 10 conlilm sUch InlormOllion. Seller shall, al closing" deliver and assigl\.all original leases 10 Buyer, . ' G. LIENS: Sellel shall furnish 10 Buyer al lime 01 closing an a/lidovll aUosllng 1"0 Ihe absence, unless Llherwlse provldod for herein, 01 any IlnOlnclng slalemenls, claims 01 liun or pOlenliollionors known 10 Seller and /ullher allesllng Ihal Ihero hove been no Improvemenls or lep~i,s 10 Ihe Property lor 90 days Immedialvly preceding dale 01 closing. II Properly has been Improved 01 repailed wilhin Ihal lime, Seller shall deliver roleoses or wolvers 01 mechnnlcs' liens execuled by all general conl,aelols, sul)cOnlraclols, suppliers and mOlerialmen I In addilion 10 Seller's lien alfldovll sellinglorlh Iho names of 011 such generOlI conlraclors, subcontroclors, supnliers and malerialmon and lurlher elllrmlng Ihat all charges lor Improvemenls or repairs which could urve as Ii basis lor e mochanlc's lien or e claim 101 damages hOlve been paid or 'will he paid a\ closing 01 Ihls Conlrac\. II. PLACE OF CLOSING: Closing shall be held In Ihe counly wherein Ihe Real Properly Is locoled 01 Ihe ollico of Ihe allorney or olhel closing agenl deslgnaled by Seller. J. nME: Time periods herein 01 less Ihan 6 days shall.ln'lhe compulallon excluue Sal""Jays, Sundays and'slole or nallon01 legal holidays, nnd any lime period provided lor herein which shall end on Salurday, SundOlY or a legal holiday sholl exlend 10 5:00 p.m. ollhe l'Il,1 business day, . . J. DOCUMENTS FOR CLOSING: Seller shalllumlsh Ihe deed, bill 01 sale, mochonl.;'s lien ollicJavil, asslgnmenls 0/ loases, lenanl and mortgOlgea esloppellellers and correclive Inslrumenls. Buyer shalllurnlsh closing slatomenl. morlgege, mOllgage nolo, securlly Clg,eemanl nnd IInancing slalemenls.' . K. EXPENSES: Documenlary. slamps on Ihe deed and recording corredlve Inslrumenlsshall be paid by Sellel. DocumenlalY slamps, InlOlngible lax end lecording purchase money morlgage 10 Seller. deed and hnOlnclng slalemenls shall be paid by Buyer." . . . L PRORATIONSj CnEDITS: Taxes, assessmenls, rent, Inleresl, Ins\.lrance and olher e~penses and revenue 01 Properly shall be ploraled ihrollgh day be/ore closing. Buyer shall have Ihe ~Plion 01 laking over eny exisl~no pollclos 01 Insurance, II aSsumable, In which evenl premiums ShOlIl be proraled. COlsh 01 closing shall be Increased 01 dec,eascd as may be requlled by pr?rallons. Prorallons wll' be made Ih~ough day prior 10 occupancy II occupancy occurs be/olB closing: Advance renl and socurlly dtlposlls will be erediled 10 Buyer and escrow deposlls held by morlgagea will be credlled 10 Seller, Taxes ShOlIl be proralcd bOlsed' on Ihe .currenl year's lax wllh due allowance made for maximum allowable discount, homeslead and olher exemplloos. 1/ closing occurs al a dale when'lhe cUllenl yeal's millage Is nol lixed andeurrenl year's assassment Is available, laxes will be prolaled based upon such ossessmenl and Ihe prior year's millage, II currenl year's ossessmenl Is nol. nvailoble, IIlCn la~es will be plorated on Ihe prior yaa,'s lOll(. II Ihere are compleled Improvemenls on Ihe Aeal Properly by.January Isl 01 year 01 closing which Imptovemenls. were nol in ~~islonce on 'JanualY lsl 01 Ihe prior year, Ihen laxes shall be proraled based upon Ihe prior year's mlllaga and 01 en, equilable essessmenl 10 be ogleed lIpon belween Ih~ pOll lies, loillng which, 'requesl will be made 10 Ihe Counly Ploperly Appraiser lor an Inlormal essessmenl laking Inlo conslderali(,n available eKemplions. Any 100X plorallon based on on eslimOlfe sholl, 011 requesl 0/ ellher Buyer or' Sellel, be subsequen"y readjusled upon receipl 01 lax bill on cohCIillon lhal a slalemenl 10 Ihal elleclls In Ihe closing slolemenl. M. SPECIAL ASSESSMENT LIENS: Cellilied, connlmed IInd rOlUned special ossessmenl liens as of dole 01 closing (nol as 01 Elleclive Dale) are 10 be paid by Seller, Pending liens as o. dale 01 closing ShOlIl be assumed by Buyer, II Ihe Imp[,Ovemenl has been subslonlially comploled as or Elleclive Dole, such pending lien shall be considered cerU/ied, conlirmed or ralilled.and Seller shall, al closing, be charged an amounl equal 10 Ihe lasl eSlimale' 01 assessment lor Ihe improvemenl b~' Ihe' public body, N. INSPECTION, REPAIIl AND MAIIITENANCE: Seller werranls Ihal, as olIO days priOI 10 closing, Ihe.ceiling, rool (Including'lhe lasda ond sol/ilsj. and exterior and Inlerlor w;o!ls, . seawalls (or equivalenll.ana dockage do nol hove eny VISIBLE EVIDENCE o. leol.s, walel damage 01 sllucl",al damage end \hol Ihe sepllc lank, pool, all appliarices, mecha";:a' ilems, healing, cooling, eleclrlcal, plumbing syslems end machinery are' In WOm<ING CONDITION. Buye/ mol', al Buyer's expense, have Inspecllons made 01 lhose lIems by a firm 01 Individual specializing In home Inspections and holding en occupalional license lor such nurpose (iI requlreu) or by an approprialely licensed Florida conlrOClor. Buyer shall, prior 10 Buyer's occupancy or nol lesa Ihan 10 days prior 10 closing, whichever occurs lirsl. reporl In wrillng 10 Seller such ilems lhol do not meel Ihe above slandards as 10 delecls. Unless Buyer reporls such defecls wilhln Ihal lime, Buyer shall bu deemed 10 have waived Seller's worranlies os 10 delecls nol reported. II repairs or replacemenls are required, Seller shall cause such repairs 10 be made and ShOlIl POlY up 10 3% ollhe purclmse price lor such repairs or'repl~cemenls os rnay be required In order 10 place such l1ems In WORKING' CONDITION. If Ihe cosl lor such lepa;rs or leplacemenl exceeds 3~. 01 Ihe purchase price, Buyer or ~eller may elecl 10 pay such excess, laillng which ellher party may cancel, , Ihl~ Conlracl. II Seller is unable 10 correcllhe delecls prior 10 closing;'lhe cost Ihercol sholl be paid Inlo escrow al closing. Sellor will, upon reasonable nolice, provide ulilities service and access 10 Ihe Properly lor Inspeclions, Including e walk.lIl1ough pdor 10 closing. Oelween Ellecilva Dale and Iha dale 01 closing. excepl lor repairs required by Ihis Slandard, , I Seller shall mainlaln Properly, including, bul nollimiled to, the lawn and shrubbery, in Ih~ condillon herein warranled, orcJlnary wear and lear oxcepled. O. RISK OF LOSS: II Ihe Properly Is damaged by fire or olher casllally belore closi'lg and cosl 01 resloralion does nol exceed 3% of Ihe assessed valualion 01 Ihe Properly so damaged, cosl 01 resloralion shall be an obligalio" 0/ lhe Seller and closing sholl proceed pursuonl 10 Ihe lerms 01 Conl,ocl wllh reslorellon cosls eSClowed 01 closing. II Ihe cosl ,,'01 ,eslorallon e~ceeds 3'1, 0/ lhe essessed valualion 01 Ihe Improvemenls so damogeu. Buyer shall have Ihe oplion 0' ellhel laking Properly as Is, logelher with eilher Ihe 3~ or ony Insurance proceeds payable by vlltue o. such loss or damage, or 01 cOlncelling Ihis CO'llracl :lIld receiving relurn 01 deposillsl. I P. PROCEEDS OF SALEj CLOSING PROCEDUnE: The del!d shall be recordod upo" clen'o"ce 01 /u"ds.1I iluslracl. evidence 01 hlle shall be conlinued 01 Bu;er's expense 10 show lille In Buyer, wllhoul any encumblances or change which would rendor Seller's lille unmor,keloLJla Irom Ihe uOlle of Ihe lasl evidence. Proceeds 01 Ihe sale shall be held in escrow' by Seller'" allomey or by such olher mulually acceploble escrow agenl 'or a periOd 01 nol longer Ihan 5 day. /'Onl ond aller closing uole. II Seller's Iille Is ,endered unmarketable. Ihrough no 'aull 01 Buyer, Buyol shall, within Ihe 5-day pedod, nolily Seller In wrlllng 01 Ihe defecl and Seller sholl hove 30 uays Irom dale 01 receipl of such noli/icalion 10 cure Ihe delec\. II Sellor lail, 10 IImely cule Ihe delecl, 011 deposll(s) and closing lunds shall, upon writlen demand by Buyer and within 5 days aller domand, be relumed 10 Buyer and slmuUaneously wUh such repaymenl, Buyer shall relu'n Personoliy and vacolo P,operly ilnd reconvoy 11 10 Sello, by spaclol wall only daed. II Buyer lall. 10 make Umely demand lor relund, Buyer shall lake Ulle lis Is, waiving 011 rlghls egalnsl Seller os loony Inlervenlng delecl excepl' as may be available 10 Buyel by vlrlue 01 warrar,Ues conlalned In Ihe d~ed. II a POlllon o. Ihe purchase price Is to be derived 'rolll Inslilullonal 'inancing or rellnancing. requirernenl'" 01 Iha len<Jing Inslilution as 10 place, lime 0' -day and plocedu,BS for closing, and lor disbulSemenl of mortgage proceeds sholl control over conlrary provision In Ihls Conlrocl. Seller shallhOlva lhe, ,righl IOrll.9l1i~..J!9!fUbeJarldipgJn.lilulion-a-Wtltle(F'cominil(TIenl- Ihalll will nol wilhhold disbursement 01 morl~!.Jl.r~_ceo!lI_!!.Lo-.lesuILoL.BIlV-lillo.<le/fH:tlltt1ID"lable-(o BUYl,(:rTI67fgllgor.-Tlio escrow and closing procedure required by Ihis Slandard may.-be.w~d-IHilleagirnlllj5Lflol'lIove7se-inollers pursuanllo Seclion 627.,7041. f.S.II!J09I, as amended. I . . . , O. ESCROW: Any escrow agenll"Agenl") receiving lunds or equlvalenl Is aulhorlzod and agrees by occeplance 01 Ihem 10 deposll Ihem promplly, hold some in esclow and, subiecl 10 clearance, disburse Ihem In accordance wllh lerms and condllions 01 Conlrocl. Foilllle of clearance of runus sholl nol excuse Buyer's per(olmonce. II In doubl as 10 Agent', dulies or liat,ihlies under Iho provisions 01 Conlracl, Agenl mol', at Ageot's opllon, conllnue 10 hold,lhe suhjecl mailer 01 lho escrow until Iha par lies mulually allree 10 lis disbursemenl or unlil a Judgmenl 01 a courl 0/ compelenl Jurisdicllon shall dolermine Ihe rlghls 01 'he p;\rlies 01 ADenl mny deposit same wllh Ihe clerk of Ihe clrcuil COUlt having jurisdiclion , 01 Ihe dispule, Upon nolifying all pOlrlles concerned 01 such nclion, all lIabillly on Ihe p~rl 01 Agenl sh~lI lully lerminale, excepl 10 Ihe exlenl of accounting 101 any Uems previously delivered oul 01 escrow. II oj licensed real eslale broker, Agenl wiil comply wilh provisions 01 Chaplet ~ 75, F.S. (1909). as amended. Any suil belween Buyer and Seller wherein Agenl is mOl de a parII' because 01 acUng as Agenl hereundel, or In any suit wherein Aoenl Inlerpl~ods Ihe subloel mailer 01 Ihe escrow, Aoonl sholl recovel reasonOlble allorney's lees and cosls Inomed wilh Ihe lees and cosls 10 be paid Irom ond oul 01 Ihe escrowlld lunds or eCjuivolC:1l1 lInd cholged and Olwardod os courl cosls In lavor 01 lhe prevailing poriI'. Parties agree lhol Agellt s:I&11 nol be !lable 10 any pOlrly or person for n,lsdelivory Iq Buyer or Sellcl 01 ileons subjecl 10 Ihis escrow, unless such mIsdelivery Is due 10 willlul breach 01 Ihis Conlract or gross negligence 01 Agen\. 1\. ATTORNEY'S FEES; COSTS: In any liligollon arising oul 01 Ihls COlllracl, Iho prevailillg n~rly ill such liliootion which, lor Iha purposes or Ihls SIOlndold, s,",all'lnCluda Seller, Buyer, lisling broke I, Buyer's broker and any subagenls lolhe Iisilng bloker 01 Buyer's broher, shOlllbe enliilcu to r~covcr reasonable ollorney's Ices and costs, . . . I S. FAILURE OF PERFORMANCE: II Buyer 'alls 10 porlorm Ihl. Conlr/lcl wilhln Ihe 1111I0 spuellied. Incluuill!J /);'Ylllelll or 011 deposil(s), Ihe dvr>il.:rills) paid .by ~uyer and deposit!s) ag'eed 10 be paid. mOlY be relained by or lor Ihe accounl 0' Seller os ogreel.l upon li"uidulc:d dum~ues, cOllsideHllion 101 lhe e.ucullon 01 Ihis. .conlracl ond In/ull.solllemenl of any claims; whereupon. Buye.' and Seller. shall be relieved 0' all obligOlllons undor Conlracl: 0' Selle;. al Seller's oplion, mol' ploceed In eQully lD:.eQlorce Selle('s righls untier JI~s Conlrocl. II, lor any reasoll olher Ihan lallure 0' Seller 10 mOlke Seller's Iille malkeloble oller diligenl eUCtrl, Seller 'ulls, ne(jlucls or refuses 10 perlorrn'lI~s Conlc.aet, 1tlo .Buyer lOa" lIe-ek specific por/ormance or elecllo lecoive Iho relurn 01 Buyer's deposlllsl wllhoul Ihoreby waiving any acliolllor dnmnge.,rcstllling /<om Soller's brocch. ......- T. CONTRACT NOT RECORDABLEj PEn SONS BOUNDj NOTICE: NeUher Ihls Conlroct, nor any nollco 01 il. slwll be ,ecorded In ony public recorlTs.. This Conlracl :sl'la1t bind ond Inule 10 Ihe benefil 01 Ihe par lies alld Ihelr succossors In lIiloresl. Whllnover Iho conlexl pCllnils, si"!JuIOlr ShOlll Include plurnl and ono gender sJlail Include all. NoliCe given by or '10 Ihe allorney lor any patly sholl be 0' efleclive os II given by or 10 Ihal poriI'. . U. CONVEYANCE: Sellar sholl convey IIl1e' 10 Ihe nalll Properly by SIOllulo,y wOllonly, truslae's. personal ,eprosenlnllve', or gunrdlM'S deed,. as opp'oprlOlfe 10 IhO'slolus o. Soller, subjecl only 10 moilers conlallled In PorOlgraph VII nnd Ihou olherwiso occoplad by O"yur. Pelsonully sholl, 01 reC)uast 01 Buyer. be Irallslerred by on absolule bill ol'~alo wllh wOllanly ollille. sublect only 10 such maller, as may.be olherwlse provided lor herein. V. OTHER AGREEMENTS: No prior or presenl llgreenlenls_ClL~cpreselilaliolls sh;dl be bi,.linO upon Buyel or S('lIer ulll~ss Illcluded In lids Conlracl. I~o 1l\0dilicOlllon or chan;)e In Ihls Conllacl shall be valid or binding upon Iho parlies unloss In wIlling Olnd e~oculed by Ihe pariI' 01 porlies 11IIen<l,,<llo bo hound Ly II. . W. WARRANTIES: Seller warranls Ihol Ihele nle no Incls known 10 Sellel n'\lllerkilly allecling Iho v,lh,c 01 11111 Renl Properly whir-h ore nol readily obsolvable hI' Buyer or which 1l0'~'1l01 been disclosed 10 Buyer. . I , . I". I t. .,J !' , r .... " ~) I , ADDENDUM TO THAT CERTAIN CONTRACT FOR SALE AND PURCHASE dated the/~~ day of ~, 1994, by and between CARTER C. HUBBEL, JR. and JOAN BURTON OFF, Trustees (as SELLER), and the CITY OF CLEARWATER, FLORIDA, a Florida Municipal corporation (as BUYER), regarding property legally identified as Lot 4, PARKWOOD SUBDIVISION 5TH ADDITION, according to the map or plat thereof as recorded in Plat Book 64, Page 87, of the Public Records of Pinellas County, Florida. TO WIT: 1) Closing by the Buyer of the transaction contemplated herein is subject to the following conditions having been met: A. Approval and Acceptance bY the Clearwater city commission of the price, terms and conditions of this contract For Sale and Purchase, with all attachments, within 60 days of execution of this agreement by Seller. B. Approval and Acceptance bY the Clearwater city commission of the price, terms and conditions of Contracts For Sale and Purchase, with all attachments, for properties commonly known as 1366, 1368 and 1370 Jeffords Street, Clearwater, Florida, within 75 days of execution of this agreement by Seller. C. Receipt of a satisfactory Residential Environmental Audit Report, prepared for Buyer, at Buyer expense by an environmental specialist licensed to transact business within the State of Florida, within 45 days of effective date of contract, confirming all property to be acquired from Seller, and from owners of properties at 1366, 1368 and 1370 Jeffords Street, is free of contamination by hazardous substances or wastes that would either be in violation of any current Federal, State or Local environmental law, or would require environmental cleanup expenses preliminary to using the properties for the purposes intended. If levels of contamination by hazardous substances or wastes are determined to be in violation of standards established by the aforementioned governmental entities, Buyer, at Buyer option may withdraw from this agreement by providing Seller written notice of such intent within 15 days of receipt of the assessment report(s) . 2) Seller agrees that Buyer, at Buyer option, expense and risk shall have the right of entry upon the property to make surveys, measurements, conduct environmental or engineering tests, and otherwise make such physical inspections and analyses thereof as Buyer shall deem necessary. Buyer assumes all risks of such entry and agrees to defend, indemnify and hold Seller harmless from and against any claims, cost and expense resulting from any damage to or destruction of the property, and any injury to or death of any person(s) arising from the acts or omissions of Buyer or its agents in exercising this right of entry. . 1 , Page 2 Contract Addendum: Lot 4, parkwood Sub. 5th Add. 3) Seller and Buyer represent and agree that they have dealt with no broker or finder in connection with the transactions contemplated hereby, and that no fee or commission is owed or to be paid to any such broker or finder in connection herewith. 4) RADON DISCLOSURE (Notice To Buyer): Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding Radon and Radon testing may be obtained from your county health unit. This disclosure is made pursuant to section 404.056(8), Florida Statutes. 6) CLOSING of this transaction shall take place, and the deed and other papers delivered within 15 business days of Buyer acceptance of environmental assessment report(s), unless extended by other provisions of this contract. 7) PROCEEDS OF SALE shall be divided equally between the sellers: 50% to Carter C. Hubbel, Jr. and 50% to Joan Burton Groft. ACKNOWLEDGED and agreed as of the day and date first above written. ~ Carter C. Hubblel, Jr., Trustee ~(g~~~+-~ oan urton ro , Trus e CO~Si9 Rita Garvey Mayor-Commissioner CITY OF CLEARWATER, FLORIDA ~ M~)U E . abet M. Deptula Clty Manager Approved as to form and/.ljJt.n..s~ U -', City Attoriney , i / V ATTEST: ~[ ~:Q,-- cynthia E. GQii.deau '...' city Clerk -- HubbelAd.ewb IC()!'''IM~1 1011 :ji\l.E MID l'UIICII^:>E 'PMlTIES: Carter C. Hubbel, Jr., Co-Tru. tee & Joan Burto~-J;~, c~-lr'ustee r~_cll~r": '.1 20157 Amethyst Ln, Germantown, Md..& 200 PJ,.newoo'ds Bl., Oldsmar, Fl. I , ~ (phone 'nnd ' CitY" of Clearwater" FlorJ.da, a Flor~da Mun~cipal. Corpor~on r~!tl~.(l 01 P. O. Box 4748, Cl.earwater, Fl. 34618;"'4748 . (Phone 462-6042 ') h,r.reby agree lhal lhe Seller shall sell and Buyer sholl b\,y Ihe following real properly ("'nenl rroperly") nlld perr,onal proporly ("personnlld") (collecllvoly 'jroperIY") upon Ihe 101l0Y/1t>; terms nnd condilions, which I~ICLUDE Iho Slandards lor nenl Eslnhl Tronsocllons ("Slnnclarc1(sl"fiirlnled 6n Iho roverso or ollnched on eny Riders on Addenda 10 Ihls Inslrumen: I. DESCnlPTION: . . . . (a) Legnl de scrip lion 01 neal Properly localed In pinellas Counly,Florlda: Lot 4, PARKWOOD SUBDIVISION 5th ADDITION, according to the map or plat thereof as recorded in Plat Book 64, Page 87, of the Public Records of Pinellas County, Florida. (b)' Slreet address, cily, zip, 0; IheProperlyls: 1364 Jeffords St.', Clearwater, Fl. 34616-6227 (c) Personally: All appliances, draperies, carpeting, window treatments. landscaping. utility bldgs. all attachments, fixtures and furnishings OTHER THAN TENANT OWNED. All appliances, heating & cooling s sterns, plumbin & electrical systems doors windows & their res ~ctive hardware to be p~l~cRJso.?p~fc~ ~.~.. .:~.~...~~ ...:.:.....~ ,.. .~~.~.:.. ?~~ ?~.~. ..~.?~.. ~~.~.?~... ~~..~. ..?,~.7.~~:.... ..I... ........... ....:........ $ 82 500 00 PAYMENT: (a) Deposll(s) 10 be held In escrow by . N / A ' In Ihe amount 01 ,. $ (b) Addillonol escrow deposit wllhln N/ A days alter Ellecllve Dalefn Ihe amount 01 ...........................................:........ $ (c) Subjecl \0 AND essumpllon of morlgng!! In good slanding In lavor 01 . N / A having an opproxlmalo present principal balance ol .' $ .. (d) Purchase money morlgngo end note bearing onnuallnteresl at N / A % (see Addend.um) In amounl of .................................. $ (e) Olher: N / A $ (I) Balance \0 close (U.S. cosh, LOCALLY DRAWN cerllfied or cashler's check), subJecllo ndjuslments and prorallons ........................... $ \II. TIME FOR ACCEPTANCE; EFFECTIVE DATE; FACSIMILE: II Ihis oller Is nol execuled by anti delivered 10 all par lies OR FACT OF EXECUTION communlcaled 10 wrillng belween Ihe porlles on or beroro PER ADDENDUM . , lho deposll(s) will. al Guyer's opllon: bl) relurned 10 Buyer aridlhls oller wllhdrawn. A locslmile copy 01 Ihis Conlracl lor Sale and Purchase ("Conlrac''') and any slgnalures hereon sholl bo considered lor all pWp05CS as originals. The dolr) 01 Contracl ("Ellecllvo Dale") wIll be the dale when Ihe last one ollhe Buyer and Seller has signed lhls oller. INANCINO: THIS PARAGE.I\PH NULL & VOID AND OF NO EFFECT. (a) II the rice or ony -E.arl .01 il I. to b.O IInnnced by 0 Ihird.parly loan. Ihis Conlract is condilloned. 00 Ihe Buyer Obtaining a wrllleo commitment for (CHECK (I) or (2) or (3)): (I) . 0 U an adJuslable or (3) 0 0 IIxed or adjuslable role 101ln-wilhin----,- days aller Ellectlve Dale 8t an Inllial Inlerest role nollo exceed~"Yo. lerm of years and lor 1 I omounl of S . Buyer will mal(e application within days eller Ellecllve Dale and use reasonable diligence 10 oblain Ihe loan commilmenl and, 10 meet the lerms and conditions 01 Ihe corpmllment end close the loan. Buyer shall pay all lonn expenses. II Buyer lails 10 oblain Iho commitment or lalls 10 waive Buyer's " r Ihls subparllgraph wllhin Ihe timo lor oblalnlng Iho commilmcnl or aller diligent ellorl rails 10 meel Ihe lerms and condilions 01 Ihe commilmenl, thon eilher party Iherealler wrillen nolice 10 the olher may cancel Ihe Conlracl and Buyer shall be relunded Ihe deposil(sl. (b) Tho ~xtsllng rnorlgoge descrlbod In Pa~agroph lI(c) abova has (CIIECI< (I) or (2)): vorlrihle Inler~sl role or (2) 0 a IIxed Interesl rale or 't. per annum. . AI lime ollille Iransler some fixed Interest rales ore subjrcl 10 Increase. Illncreasc~. Ihe rale sholl not excee 'Y. per annum. Seller shall, Vlllhln . days art~r Elleclive Dole, lurnlsh slalements from all morlgagees slolin;} principal balances. mcthod 01 paymen!. Inleresl rolo a f morlg<lges. II Buyer has agreed 10 assume a mortgage which requires approval of Buyer by tho mortgagee lor ossumpllon, Ihen Buyer sholl promplly oblaln all required appl c will diligenlly complele and return them 10 tho morlgagee. Arry mortgagee charge(s) nollo exceed S shall be paid by (II nollille divided). II Buyer Is nol accepled by morlgageo or Ihe requirements for assumplion arQ nol In accordance wilh Ihe lorms of Ihis Conlracl or mortgngee makes 8 charge In excess 0 ed amounl. Seller or Buyer may rescind Ihls Contract by prompt wrlllen nolice 10 Ihe olher parly unless either elecls 10 pay the Increase In Inleresl role or excess mortgagee ~, TITLE EVIDENCE: Alleasl 15 (lays berore closing dale, Seller sholl, 01 Seller's expense, deliver to Buyer or Buyer's allomey, In accorda~ce with Slandard ^.. (CHECK (I) or (2)): (I) 0 abslracl of lille or (2) filille Insurance commitmenl and, aller closing, owner's policy ollille Insurance. , VI, CLOSING DATE: This Iran sac lion sholl be closed and the deed and other c1o~lng papels rlelivelcd on PER ADDENDUM ,untess extended by olher provisions 01 Conlracl. VII. RESTRICTIONS; EASEMENTS; LIMITATIONS: Buyer shnll tnke Iille subject 10: zoning, ,estrlclio';s, prohiblllons nnd olher requirements Imposed by governnlcntal authorily; reshlclions and m<lllers appearing on Ihe pial or otherwlso conlmon 10 the subdivision; public ulilily e;:fsrmenls 01 record (easemenls are 10 be located conllguous 10 Real Propp.rly lines nrxf Mt more lhan 10 leet in wldlh os 10 the rear or front lines llOd 7'h reel In widlh ns 10 the side lines, unless olherwlse slaled herein): taxes lor yoar or closing and subse.wer'l years; assumed morlgages and pu'rchase money morlgages, ir any; olher: NONE. II. N/A N/A N/A N/A N/A 82,500.00 : provld~d, thai there exists at closing no vlolallon ollhe foregoing and nono of Ihem prevenls use of neal Property !or Res i d en ti a 1 &. Pub 1 i c purpose(sl. VIII. OCCUPANCY: Seller warranls Ihal Ihere are no porlles In occupancy Olher than Seller; bul. if Properly Is Inlonded 10 be renled or occupi'3d beyond closing, lhe lacl arxf lerms thereof shall be staled herein and Ihe lenanl!s) or occuponls disclosed pursuant to Standard F. Seller agrees to deliver occupancy or P,operly at limo 01 closing unless oll'erw;se slated herein. If occupancy Is 10 be delivered balore closlnQ, Buyer a~surnes all risk 01 10"' 10 Properly from dale of occupancy, sholl bo responslblo and Iiablo lor mainlonance Irom Ihat d:lle, and shall be deemed 10 havo accepled Properly In lis exlsllng''Condilion as or lime 01 la~ing occupancy unless otherwise slaled herein or In a separale wtlling. IX. TYPEWRITTEN OR HANDWnlTTEN PROVISIONS: Typewrlllen or l1andwilllen provisions sholl conlrol 011 prinled provisions 01 Conlraclln conlllcl wllh lhem. X. RID EnS: (CHECI< If any of Iho lollowlng Riders ore applicable and aro allached to liiis Con!rncl): (.) 0 COAST^l CONSTnUCTION CONTnOlllNE RIDEn (e) 0 FOnEIGN INVESlIAENT IN ilEAL rllopemv TAX ^CT nlDen' (b) 0 CONDOMINIUM RIDEn (d) 0 INSUUlIION RIDEn (e) 0 FtlAIV^ RIDEn (I) 0 OlllEn: I . XI. ASSIGNABILITY: (CHECI< (1) or (2)): Buyer (l) 0 may Ds~ion or (2)fi may not assign Ihls Conlract. XII. SPECIAL CLAUS ES: (CHECK ( I) or (2)): Addendum ( I) XXls ollnched or (2) 0 lhe'e is no Addendum. XIII. TIME IS OF THE ESSENCe OF nus CONTRACT. BUYEn'S III1TIALS XIV. DISCLOSURES: Buyer ~ acknowledges or 0 does nolllcknowledgo re~eipl ollheX~/radSJO/compe"salion iK1ltx~roJl:!~~*'!{~~'''' THIS IS INTENDED TO DE A LEGALLY BINDING CONTRACT. , IF NOT FULLY Ur~DEnSTOOD, SEEK TIlE ADVICE Or: ANATTOnNEY PRIOR TO SIGNING. 1 . '. . THIS FonM HAS Bl:EN ^PPf10VED BY THE FLonlDA ASSOCIATION OF nl:ALTOnS AND THE FLORIDA BAR. . rr ~ Approval does not consUMo on optnlon '"al MY of '110 leI/liS ond condiriolls ill IIlis Contract s/loll/d ba occepted by 1110 parl/es In a p(J/l/cu/llr !ransacl/~';;;ir';~ WId condlllol1s sllould bo nagol/alad bosed upon 1110 (a!flecl/vn interosts, oblecllvas :md borgatn/ng poslllons of 01/ Inlerested persons. S f:u (L,-:; CITY OF CLE^R"^TER COPYRlGIH 190 I DY TilE fLonlDA 0.\11 A~ID TIll: FLonID^ ASSO I ION OF Rj;.A!JOna. --r'i) Dn r,V~ }.o~. <:' ~ ~ \~ , '. n ' - - - - - - - - - - - - S v1~(\~6-1 ~}%~ <v\ ~\ J - N_' -. -::::E/!itff~'-:-f:mi" ~ ~ Qk'~ c:;:,\A:'~ Dall City Mc:nager . ".' lubb , :.Jr ',' rus i!~~~ l.{ '(1Sr'~, S-//(,17'/ n.1l{~ Social Securily or Tax 1.0." , I ' S-11i- If'/ D:>tll I '. Joan Burton Gr?ff, Trustee . _ . . ... ... .i'" 11,,/,,;/ Date .' . .' ....,7 ..~ltiAt-.tor-nE':Y /, Soc1aISer:un'yorToxI.D.# Deposit under Paragraph rrJa) ecel';cd;~ OTHEn THAN CASH, THEN SUBJECT TO CLEAJ1ANCE. . . N / A ~EE: (dlEC ~~l COMPf.ETE nit: ONE APPlIC^BlE) . . . By:' . N I A . o IF A ~~5l!I~URREllTLYltj EFiECTj . . Seller agrees 10 P;'ly Ih~.n~dOiir~:;TriCructlng cooperallng s.\lb.ogenls nomnd, according 10 Ihe)orms 01 on exisllng, separate IIsllng agreement:. OR '. ~ ::>"-............. .-,' . . o IF NO LISTING AonEEMENT III CURnl'iN ~ .ECT: seiler agrees 10 pay Iho Broker iiii'moil (jelo,~,iTllme 0 c' m Ihn (1Isbu'sernenls of tho proceeds 01 Iho salo, compensallon In Ihe amount 01 (COMPLETE ONLY or~ _ 'f. of gross purchoso price or $ . -' - lor Broker's services . in Iho sal~ by" finding tho Duyer ready, willing and able 10 purchaso pursuant 10 the loregoi Contract 1/ Buyer tolls 10 perform and dcposlI(s) Is retained, 5D'Y. Ihereof, bul no5t exceedu ker's 100 plxlVo provided, sholl be paid nrokor os lull conslderallon 10<' Stoke, services. Including cosls expende!l by Broker, ;'llld lhe balnnce shllll b'l polel 10 Sllllor. 11 Ihn Ir"".oclion closo bocouse of rnfusal or failure 01 Seller 10 perlorm. S<lllcr sh, pay Ihe lu1\ lee 10 Broker on dllrna.xl. In :lny Iillgallon arising out 01 lho Conlracl. ~onccrnlng Iho Broker's feo, the Jr' orly sholl rocover reosonnble ollorncy'S rO\!S and co.., --------------- Dalc (Escrow Agen ... fJy: __~-";'.,~------~-:_:-:-: J1y: . .,--,-~--~----------.__._...._- 'h:.:llll..""I' ;nl'.~I~I.,.} (Ii,,,, n,mll oll;c.lifYJ (l"l~.or) llirlll "'~r"o 01 ~c:r:r~l (l.ol'crl -, ~ A..' EVIDENCE OF TlTlE: (1) An abstract of 'lite pt8pared or bro~ahl cUffenl 'by B repulable and oxlslino nbslfacl firm (if not existing then cerlilled 8S correct by on ex\slino lirml ..... p<orporling 10 be an accurale synopsis 01 Ihe I"slrumenls alleclino IiIle 10 Ihe Hoal Proporly recorded In Iho public records 01 Ihe counly wherein Real Proporly Is localed Ihrouoh , Efleclive Dale and which shall commence wllh Ihe earllesl public redords, Or such laler dale as /lIay be cuslomary In Ihe counly. Upon closing 01 Ihls Irensacllon, ~le abslracl, ~hall become lhe properlY' of Buyer, subJecl 10 Ihe rlghl 01 relenlion Ihereol by lirsl mortoagee unlil lully paid. (2). A Iille Insurance commll~enl Issued by a Florida licensed Iille Insurer agreeing 10 Issue to Buyer, upon recording or Ihe doed 10 Buyer. on ownor's policy oltillo Insuronco In Ihe amollnl 01 Ihe purchase pllce Insuring Buyor's 1I11~ 10 the neal Properly, sublocl only 10 liens, encumbrancos, excepllons or quallllcallons sel lorlh In Ihls Conlrocl and lllOse which sholl be dischargr.d by Soller el or belore clos'n~. Seller. shall convey markelable IIlle sublecl only 10 liens. encumbrancos, excepllons Or qualilicalions speciliod In Ihe Conlracl. Marl.olable IIl1e sholl bo dOlermined according 10 applicable 1111e Slond~.ds edopled by aulhorlly 01 The Florida Bar and in accordance wllh law. Buyer shall havG 30 days, If obslr ocl, or 5 days, II Iille commllmenl, Irom dale 01 rece.ivlng evidence 01 lille 10 examine II. II IlIle Is found dofecllve, Buyer shall, wilhln 3 days, nolilt 50110' h, wrlling spc.cilyilli) doloclls}. II Ihll dclolcl(s} rumlor lille unmarketable. Sell!:r w.lI have 120 day~ I.<>m recelpl 01 nolice wllhiri which 10 romove Ihe delecl(s}, lalling which Buyor shall have Ihe oplion 01 eitllor accepling Ihe IiIle as II Ihen is or demanding a relu.ld 01 deposit(s) paid which shaU Immediately be relurned 10 Buyer: Ihereupon, Buyer and SollGr shall release ono anolher 01 alllurlher oblioalions under Ihe Conlr~cl. SaUer shall, II Iille Is lound unmarketable. · use diligent ellorllo correcl delecl(s)In Ihe IIUe wilhin Iho lime provided Iherelor. including Ih~ brinolng 01 necessar,! suils. B. PURCIIASE MONEY MORTGAGE; SECURITY AGREEMENT TO SELLER: A purchase money morl(1ogo and morlgage nole 10 Seller shall provide lor e 30-day grace period In the evenl 01 delaull II a IIrsl morlgage and a 15-day groce pellod II Ii secolld or loss.or ",ongage; shull provide 10' righl 01 prepaymenl In whole or In pot! without ponally; shall nol permil eccelerallon or Inleresl adjustmenl In evenl 01 resolo' 01 Roal Proporly; shall requilo all prior liens and encumbrances 10 be kepi In good slanding and lorbld modilicalio~s' 01 or lulwe edvances under prior morlgage(s); and Ihe mortgage, nolo and socurlly agreemonl sholl bo olhGrwise In lorm and conlenl reCjulred by Seller; bul Seller may ollly reQUire clauses customarily found In morlgages, morlgage noles ond securlly agreomenls genorolly ulilized by sovlngs ond loon Inslllullons or slate or nalional banks localed In Ihe county whereio.Reel Properly Is localed. All Personally and leas os being conveyod Or assigned will, 01 Sellet's oplion, bo subjecl 10 Ihe lien 01 0 securlly agreemenl evidenced by recorded linancing slalemenls. II a baUoon mor.gege, Ihe IInal paymenl will exceed Ihe periodic paymenls Ihereon. . C. SURVEY: Buyer. 01 Buyer's expenso, wilhln limo allowed 10 de live, evldellco 01 IIl1e and 10 oxomine came, may have neal Prop6rly surveyad and cerlllled by a reglslered Florida surveyor. If survey shows encroachment' on Reol P,roporly Or Ihal improvemenls localed Oil lIe<l1 Properly ollcroach on solback lilies, oasemenls, lands 01 olho.rs or vlolale any restriclions, Conlracl covellanls or applicable llOvarnmenlnl rogulalloo, Ihe 6amo sholl conslllulo 8 11110 de locI. ' 0, :TERMITES: Buyer, el Buyer's axpense, wllhln limo allowed 10 dellvol evldellce .01' 11110 ond 10 examine somo, may have Roal Proporly IlIspecled by e Florida Cerlllled Pesl Conlrol OpcralOl 10 dOlermlna II lhere Is any visible acllve termlle Inloslollon or visible oxlsling (Iom<loe Irom lermilo Inloslollon In \h~ .i,!,pr,?~e.me,!ls..I.1 .aither or bolh aro .Iound, Buyer will have 4 days Irom dale 01 w,lIlen nollcs Ihereol wilhln which 10 have all damaoos, whelher visible or nol, Inspocled and osllmaled by n licenSed liUllder or OOlleral contraclor. Seller shall pay valid cosls 01 Irealmenl end repair of all damaoe up 10 2'1. or purchase price. Should such costs exceed Ihal amount. Buyer sholl have .the oplion 01 cancelling Conlracl wllhln 5 days aller recelp( 01 conlraclor's repair esllmale by giving wrillen nollce 10 Soller Or Buter mayelecl 10 procoed wllh Ihe 'rensacllon, In which evenl Buyer shall receive a credit al closing 01 an emounl eqUal \0 Ihc 10101 01 Ihe Ireolmolll and repair esllmale nol In excoss 01 2'1'. 01 Ihe purchase price. "Termlles' shall be deemed 10 Include all wood deslroylng .org<lnlsms required 10 be reporled under Iho Florida Pesl,Conlrol Acl. E. IImRESS AND EQRESS: Seller warranls and represenls Ihal Ihero 15 Ingross and egross 10 Ihe Real Properly sulliclenl lor Ihe Inlenl;led usa as descrlbod In Paragraph VII ho,e.>I, lille 10 whiCh Is In accordance with Slandard A ..' F. LEASES: Seller sholl, nol loss Ihen15 doys boioro closing, lurnlsh 10 Buyor coplos of 011 willi en loa~~s rind oSloppollollers from each lenanl specifying the nelure and dura lion 01 1I.e 'Iotianl's occupancy; 'renlal rales, advanced renl and securily deposits paid by lenalll. II Soller Is unablo 10 obloln such leller Irom eacl) lononl, Ihe some InlOlmallon shall be 'Iurnlshed by Seller 10 Buyer within Ihol limo porlod In Iho IorIO 01 a Soller's allidavll, 'Mel .Ouyer may Ihcrooller cOlllacl lonellls 10 confirm such Inlormalion. Seller shall. al c1os;,1g. deliver and ass1on.all original leases 10 Buyer. . . .. . G. LIENS: Seller shall lurnlsh .10 Buyer al lime 01 closlno an alfldavll R\lesllng to Iho obsonce, unless c,lherwise provldod for herein. 01 any IIl1anclng stalemenls, claims 01 Iilln or pOlenllalfienors known 10 Sellor end lurlher a\lesling Ihal Ihere havo boen no Improvemenls Or ropolrs 10 Iho Proporly lor 90 days Immedlal~ly preceding dale 01 closing. II Properly has been Improvad or repaired within Ihal lime, Seller shall deliver roleases or wolvers 01 mechanics' liens exoculod by all ooneral conlraclors, subconlraclors, suppliers and malerialmen I In addilion 10 Seller's lien el/ldavll selling forlh Ihe names 01 all such oo;.,erol conlraclors. subcol\lroclors, slJppliors ond malerialmon and lurlher allirmlllg Ihal all charges lor Improvemenls or repairs which could serve as a basis lor a mochanlc's lien or a claim lor damages hove. been paid or 'will bo paid .al closing ollhis Contracl. II. PLACE OF CLOSING: Closing shall be held In Ihe counly whoreln Ihe Roal Properly Is localed 01 Iho ollico 01 Ihe aHorney or olher closing agenl deslgnalod by Seller. I. TIME: Time periods herein 01 less Ihan 6 days shalUn'lhe compulallon exclude Salurdays, Sundays. and slale or nallona"i leg31 holidays, Rnd ony lime period provided lor herein which shall end on Saturday, Sunday or a legal holiday shall exlend 10 5:00 p.m. 01 Ihe nexlbusiness' day. . . J. DOCUMENTS FOR CLOSING: Seller shalllurnlsh Ihe deed. bill 01 sale, mochanlc's lion ollidavll,.asslgnnlents 01 looses, lenanl and morlgaoee esloppelloHers and correclive Inslrumenls. Buyer shall lurnlsh closing slolomenl. morloage, morlgage nolo, secl/rily ogreemonl nnd IInancing slOle,nonls, '. . K. EXPENSES: Documenlary slemps oh Ihe deed and recordinO corro'cllve lnsllllmenls sholl bo paid by Seller. Documenlary slamps, Inlangible lax and recording purchase money morlgage 10 Seller, deed and linonclng slatemenls shall be paid by Buyer.' . . . L PRORATIONS; CREDITS: Taxes, assessmenls, renl, Inlerest, Ins\Jrance and olher expenses and rovenuo.ol Property sholl be proraled ihrough day belore closing. Buyer shall have Iho oplion 01 laking Oller any exisllng policies 01 Insurance, II assumable. In which evenl promiums shall be proraled. Cash 01 closing shall be Increased or dec,eascd as may be reqolred by prorallons. Prorallons wiD be modo Ihfough day prior 10 occupancy It occupancy occurs b%re closing: Advance lenl and socurlly dllposlls will be credited 10 Buyer and escrow deposits held by morlgagee w!" be cred,led 10 Seller. Taxes shall be proraled based on Ihe .cullenl year's lax wilh due allowance made lor maximum allowable discount, 110meslead and olher exempllons. If closing occurs al e dale when Iho CUll enl year's milloge Is nol fixed and currenl year's assessmenl Is available, laxes will be proraled bosed upon such assessment and Ihe prior year's millage. II currenl year's assessment Is nol. available, Ihon laxcs will be proraled on Iho prior year's lox. II Ihere are compleled Improvemenls on Ihe Real P/operly by.January lsl 01 year 01 closing which Improvemenls were not in llxislence on January 1st 01 Ihe prior year, then laxes shall be prorated based upon Ihe prior year's millage and at en. equitable lIssessmenl 10 bll ogreed upon belween Ih~ par lies, lailing which, 'requesl will be made 10 Ihe Counly Properly Appralsor lor an InfOrmal assessment laking Inlo consideration available exemplions. Any lax prorallon based on on oslimale .shall, 01 reQ"osl of ellhor Buyer or' Seller, be subsequenlly readjusled upon receipl or lax bill on cohdillon Ihal a slalemenl 10 Ihat ellect is In Ihe closing slotement. . ! M. SPECIAL ASSESSMENT LIENS: Cedified, confirmed and lalllied spocial ossessmenl liens as of dale of closino (not as 01 Elleclive Dale) are 10 be paid by Seller. Pending liens as 01 dale 01 closing shall be assumed by Buyer. II Ihe Improvemenl has been subslanlially compleled as olElleclive Dale, such pending lien shall be considered cerlllied, conlirmed or ralified.and Seller shall, al closing, be charged an amounl equal 10 Ihe 1051 eslimale' 01 assossmenl lor Ihe Improvement by Ihe public body. ' N. INSPECTION, REPAIR AND MAli HE NANCE: Seller werranls Ihal, os 01 '10 days prior 10 closing. Ihe. ceiling, root (Including'lhe lascla and soflils) and exterior and Inlerlor v::-!Is: . seawalls {or equlvalenll_anildockage do nol have any VISIBLE EVIDENCE 01 liwl<5. woler damage or slruch.ral damage and Ihal Ihe seplic lank, pool, all appliances, mech'!'i::al items, healing, cooling, eleclrlcal, plumbing syslems lInd machinery are' In WOnr<ING CONDITION. Buye, may, 01 Buyer's expense, have Inspeclions made 01 lhose Items by a Ilrm or Individual speclalldng In home Inspeclions and holding en occupalional license l.or such purpose (iI required) or by an approprlalely licensed Florida conlraclor, Buyer shall, prior 10 Buyer's occupancy or not less than 10 days prior 10 closing, whichever occurs lirsl, reporl In wriling 10 Seller such items Ihal do not moel Ihe above slandards as 10 delecls. Unless Buyer reporls such delecls wilhln Ihal lime, Buyer shall bll deemed 10 have walvod Seller's warranlies as 10 delecls nol reporled. II repairs or replacemenls are required. Seller shall cause such repairs \0 be made and shall pay up 10 3'1'. 01 Ihe purchase price lor such ropairs or" replacemenls as may bo required In o,der 10 place such lIems In WORKING' CONDITION. II fhe cosl lor such repairs or replacemenl exceeds 3'", of Ihe purchaso price, Buyer ..or !leller may elecl 10 pay such excess, laillng which ellher parly may cancel . Ihls Contract. II Seller is unable 10 correcl Iho delecls prior 10 closing;' Ihe cosl lherool sholl be paid Inlo escrow al closino. Seller will, upon reasonable nollce, provide ulililies service and access 10 Ihe Properly lor Inspecllons, Including a walk-Ihrough prior 10 closing. 13elwoen Elleclivo Dale and Ihe dale 01 closing. excepl lor repairs required by Ihis Slal,dard, Seller shall mainlaln Properly, Including, bul nollimlled 10, Ihe lawn and shrubbery, h, Ih2 condition horeln warra.'led, ordinary wear and lear excepled. O. mSK OF LOSS: If Ihe Properly Is damaged by lire or olher casually beloro closing and cost of resloralion does not exceed 3'1. or Ihe assessed valualion 01 Ihe Properly so damaged. cosl 01 resloralion shall be 8n oblioalion 01 Ihe Sellar and closing sholl proceed pursuanl 10 Ihe lerms 01 Conlracl wllh reslorallon cosls escrowed 01 closing. IIlhe cosl .. '01 reslorallon exceeds 3'1. 01 lhe assessed valualion of Ihe improvemonls so damagod. Buyor shall have Ihe oplion 01 either laking Properly as Is, 'ogelher wllh eilher Ihe 3':0 or any Insurance proceeds payeble by vlrlue 01 such loss or damage, or 01 cancelling Ihls COl)lracl and receiving r!:lurn 01 deposll(s). P. PROCEEDS OF SALE; CLOSING PROCEDURE: The de~d shall be recordod upon clear once 01 lunds. If absl,acl. evidence 01 Iille shall be continued 01 Buyer's expense 10 show 'lille In Buyer, wllhoul any encumbrances or change which would rendor Soller's Iille ullmar.kelol>lo lrom .Ihe dalo 01 Ihe lasl evidence. Proceeds or Ihe sale shall be held in escrow' by Seller's allornoy or by such olher mulually ecceptabla escrow ogenl ror a pedod 01 1101 longer Ihan 5 days Irom and oller closing dole. II Seller's lille Is rendered unmarkelable. Ihrough no leull 01 Buyer. Buyer shall, wilhln Ihe 5-day poriod, nollly Seller In wrlllp9 01 Ihe defecl o"d Seller shall hove 30 days Irom dale 01 recelpl 01 such nolificolion 10 cure Ihe delecl. If Sellor leils 10 limely CUre Iho defect, all deposllls) and closing lunds shall, 'upon wrlllen demand by Buyer and wilhin 5 days aller demand. be relurned 10 Buyer and simultaneously wllh such repaymenl. Buyer shall relurn personaliy end vacale Properly IJnd roconvoy II 10 Seller by special wall only dood. If Buyer lalls 10 make timely demand lor relund, Buyer shall lake IIIle lis Is. waiving all righls ogalnsl Seller os 10 any Inlervenlng dolecl excepl' as may be available 10 Buyer by vlrlue 01 warrar,lles conlalned in Ihe d'3ed. If a pOllion 01 Ihe purchase price Is 10 be derived from Insli!ulional financlng or rollnanclng. requlremenls> 01 Ihe lending Inslilulion as 10 place, lime 01 -day and procedures lor closing, and for disbursemenl 01 morlgage proceeds shall conlrol over conlrary provision In Ihls Conlracl. Seller shall have Ihe .rlghllO require lrom the lendino Inslllulion a,wrlllen commitmenl Ihal II will not wilhhold disbursemenl 01 morlgaoe proceods os 0 resull 01 any lillo dlilp.cl aHrlbulable 10 Buyer-morlgagor. Tho escrow and closing procedure required by Ihis Slandard may be w~ived If IIl1e agenllnsures adversemallerspursuanlloSeclion62Z.7641.F.S.(1989).as arnendod. . . Q. ESCROW: Any escrow agenl {"Aqenl"l receiving lunds or equlvalenl Is eulhorlzod and agrees by acceplance 01 Ihem 10 deposll Ihem promplly. hold sama In escrow and, subjecl 10 clearance, disburse Ihem In accordance wllh lerms and condlllons 01 Conlrocl. Failllfe of clea,a.,ce of funds shall 1101 excuse Buyer's perlormance. II In doubl as 10 Agen!'s dulies or Iiat.ihlies under Ihe provisions 01 Conlracl, Agenl may, el Agon!', opllon, conllnue 10 hold. Ihe subjecl mailer 01 Iho escrow unlll Ihe par lies mulually agree 10 lis disbursemenl or unlil a Judgment or a courl 01 compelent Jurisdicllon shall delormille Ihe rlghls of lho p:\rlles or Agenl may deposil same wllh Ihe clerk of Ihe clrcuil courl having Jurlsdiclion 01 Ihe dispule. Upon nolilying all parlles concerned of such (lcllon, all Iiabilily on Ihe pori 01 Aoenl shall lully lerlllinalo, e.cepl 10 Ihe exlenl of accounling lor any lIems previously delivered oul 01 escrow. If a licensed real eslale brokor. Agenl will comply with provisions 01 Chapler 475, F.S. (1969). as Rmonded. Any suit belween Buyer end Seller whemin Agenl is made a parly because 01 acllng as Agenl hereunder, or In any sui! wherein Aoelll Inlerpll!ads the subloCI mailer 01 Ihe escrow, Aoent shall recover reasonable allorney"s lees _andcosls Incurred wilh Ihe lees and cosls 10 be paidlrornond oul ollhe esc,owed lu~c1S or equivole:nl and charged and awordod (IS courl cosls In lavor 01 I~e prevailing parly. Parties -agree lhal "A9criCShtilnol-De-,;-al5l0"lOany=parry~'Or~pjjrson'loftnt!fffi!!rlViJrY~IQ "ffilycror~0I~tJb/el;t1O=mt."tr::C'~vw;'T1ntess'sul;io ..,I~d"I;,g., ;. d"c \0 ..;1!I.Jj b.~acll- of Ihis Conlracl or gross negligence 01 Agen\. I"\. ATTORNEY'S FEES; COSTS: In eny Iilioallon arising oul or Ihis COnlracl, Iho prevailing porly in such liligolion which, lor Iho purposes of Ihls Slandard, sh~1I include Seller, Buyer, fisling broker, Buyer's broker and any subagenls 10 Ihe listing broker or Buyer's brol.er, sholl be enlitled 10 r~cover re~sonoblo ollorneY'$ lens.andcosl,. . I S. FAILURE OF PERFORMANCE: II Buyer lolls 10 porlorm Ihls Controcl within Iho tlmo spuclfied. IncludillY Pilymenl 01 011 dept>6htS'\:. thO. .~oll1l(s) paid by Buyer and deposil(s} agroed 10 ba paid, may ba relained by or lor Iho account 01 Seller os agreed upon Iiquidllled dWl\oges, considc(lIliOn lor Ibee,,,cutlon 01 Ih1$ ~onlracl and In lull selllemenl 01 any claims; whereupon, l3uye.' and Seller .shall be relieved 01 ell obligallons under Conlracl; or Solloi, al Soller's option, may pioceed in eqully 10 enlor~ Selle.r's-dghls under Ihls Conlr~~1. II, lor any reason olher Ihan failure of Seller 10 mal.e Seiler'S Iitle ma.kolable aller dilioonl 0/1"11. Seller lolls. ne(jlllcls Or ;el.Jses 10 pcrlorm Ihis COn\!lICt, 11>& Buyer may seel< spec,hc parlormanco or elecllo recolve Iho relurn 01 Buyer's deposll(s) wlthoul 'hcreby waiving any acllon lor damages .rosullin(j IrornSeller'sc Dreoch..,...:.... - T. CONTRACT NOT RECORDABLE; PERSONS BOUND; NOTICE: Noll her III Is Confrocl, nor any nolice 01 il. shall bo r.(lcordad'in j;;;Y ~rI>lj(; records.. This Conlracl shall bind and Inure 10 Ihe benalil 01 Ihe parties and Iheir succossors In lnla'esl. I/;'hUhovor Iho conloxl porllllls, Si"(Jlllar sholl IncliJde" plurol ~ ono .!tender shalllt,cluc19 all. Notice givon by or .10 the allorney lor any parly shall be as efleclive as II given by or 10 lhal parly. - U. CONVEYANCE: Sellar sholl convey \1110' 10 Iho Rool Properly I>y slnlulory wnrranly, 11115100'5. personal l"epl"osol\loUvo's or ounrdion's dr.ed, as ..~PP'I"flrl~le 10 Iho slalus 01 Soller, subjecl only 10 mRlIers conlalned In Porograph VII Rnd Ihose olherwiso occoplod by l3'l)'er. Personalty shall, 01 roquosl c! aily"r, be Ir3nslerred by po ~~t>lule bill 01 sal" with wallanly 01 Iille, subJecl only 10 such mailers es may.be olhorwlse provided lor heroin. " . " . V. OTHEn AGnEEMENTS: No prior or presenl ngreemenls_nr.l:,opresenlalions sholl be birKling upon Buyer or S"lIer unl~ss inch.ded tn.ll~s CllOlraci, f~o modilicallon Or chan:Je In Ihls Conlracl shall be valid or binding upon Ihe parlios unloss In writing nod e.oculod.by Iho porly or parlios illloncl~dlo ba bOlU!d lJy.lt. ...: " . W. WARRANTIES: Seller warranls lhol Ihere Me no lacls known 10 Seller nilllerl;"IIY ollecllng Iha vnh.e 01 Ih'l Roal Proporly- "".hje,h ora nol readily observable by Buyer or which na.<l'rlOl been disclosed 10 Buyer. . I . sTjNoAnos F?R nEAL ESTATE TRANSAiTIONS , , ". ." .,I!' x' '1 I ADDENDUM TO THAT CERTAIN CONTRACT FOR SALE AND PURCHASE dated the Lt~ day of !JA ~ ,1994, by and between CARTER C. HUBBELl" JR. and JOAN BUR N GROF~, Trustees (as SELLER), and the CITY OF CLEARWATER, FLORIDA, a Florida Municipal Corporation (as BUYER), regarding property legally identified as Lot 4, PARKWOOD SUBDIVISION 5TH ADDITION, according to the map or plat thereof as recorded in Plat Book 64, Page 87, of the Public Records of Pinellas County, Florida. TO WIT: 1) Closing by the Buyer of the transaction contemplated herein is subject to the following conditions having been met: A'. Approval and Acceptance by the Clearwater city commission of the price, terms and conditions of this Contract For Sale and Purchase, with all attachments; within 60 days of execution of this agreement by Seller. B. Approval and Acceptance by the Clearwater city Commission of the prlce, terms and conditions of Contracts For Sale and Purchase, with all attachments, for properties commonly known as 1366, 1368 and 1370 Jeffords Street, Clearwater, Florida, within 75 days of execution of this agreement by Seller. C. Receipt of a satisfactory Residential Environmental Audit Report, prepared for Buyer, at Buyer expense by an environmental specialist licensed to transact business within the State of Florida, within 45 days of effective date of contract, confirming all property to be acquired from Seller, and from owners of properties at 1366, 1368 and 1370 Jeffords Street, is free of contamination by hazardous substances or wastes that would either be in violation of any current Federal, State or Local environmental law, or would require environmental cleanup expenses preliminary to using the properties for the purposes intended. If levels of contamination by hazardous substances or wastes are determined to be in violation of standards established by the aforementioned governmental entities, Buyer, at Buyer option may withdraw from this agreement by providing Seller written notice of such intent within 15 days of receipt of the assessment report(s) . 2) Seller agrees that Buyer, at Buyer option, expense and risk shall have the right of entry upon the property to make surveys, measurements, conduct environmental or engineering tests, and otherwise make such physical inspections and analyses thereof as Buyer shall deem necessary. Buyer assumes all risks of such entry and agrees to defend, indemnify and hold Seller harmless from and against any claims, cost and expense resulting from any damage to or destruction of the property, and any injury to or death of any person(s) arising from the acts or omissions of Buyer or its agents in exercising this right of entry. .,. ., 1 I Page 2 Contract Addendum: Lot 4, Parkwood Sub. 5th Add. 3) Seller and Buyer represent and agree that they have dealt with no broker or finder in connection with the transactions contemplated hereby, and that no fee or commission is owed or to be paid to any such broker or finder in connection herewith. 4) RADON DISCLOSURE (Notice To Buyer): Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding Radon and Radon testing may be obtained from your county health unit. This disclosure is made pursuant to section 404.056(8), Florida Statutes. 6) CLOSING of this transaction shall take place, and the deed and other papers delivered within 15 business days of Buyer acceptance of environmental assessment report(s), unless extended by other provisions of this contract. 7) PROCEEDS OF SALE shall be divided equally between the sellers: 50% to Carter C. Hubbel, Jr. and 50% to Joan Burton Groft. ACKNOWLEDGED and agreed as of the day and date first above written. .~ -C. -'~.----...... ... .. .. .....~ --- - /" /,~'i"~' - _' /' WI / ...-/ L- e------ WITNESS Joan Burton Groff, Trustee CITY OF CLEARWATER, FLORIDA Rlta Garvey Mayor-Commissioner . ~/q~ Eliz eth M. Deptula city Manager ATTEST :-_ _' . r~~ .L, - ..~ ".Q-..2 ..":;._=-_ u ~ynthlaE ~~oug~- ~. Cl ty Clerk.c -_ -"~ >- .. - . "........ ~ ~ HubbelAd.ewb , DF'HA T Y1 E 'lr- o F LOA N ........'~. A · U.S. !JEPARTMENT OF HOUSING AND URBAN Dd.t LOPMENT SETTLEMENT STATEMENT r 8. 2 0 FMHA J 0 CONY UNINS CON V INS 6. FILE NUMDER: 7. LO....N NUMBER 91-1'/U3~ 8 MOfnGAGE INS. CASE NO C. NOTE: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked "(p.o.c.)" were paid outside the closing; they are shown here for informational purposes and are' not included in the totals. D. NAME OF BORROWER: CITY OF CLEARWATER, FLORIDA, a Florida Municipal Corporation ADDRESS OF BORROWER: ,P.O. BOX 4748 .;; " '. CLEARWATER, FL 34618 E. NAME OF SELLER: JOAN H. BUR'J'ON-GROH' and CAR'l'ER C. HUHBEL. JR. , AS 'l'ENAN'I'S 1 N ADDRESS OF SELLER: COMMON F. NAME OF LENDER: ADDRESS OF LENDER: G. PROPERTY LOCATION: LOT 4, PAHKWOUU ~lfTH ADDITION 1364 JEFFORDS STREET CLEARWATER. f'LORIDA 34&1& COASTAL BONDED TITLE CO. OF CLEARWATER 501 SOU'l'H F''l'. HARRISON. SUI'fE 203 CLEARWATER, FLORIDA 34616 I. SETTLEMENT DATE: .)ul v 20, J 994 SUMMARY OF BORROWER'S TRANSACTION H. SETTLEMENT AGENT: PLACE OF SETTLEMENT: 101. Conllal;! ~a.les prlqe ':';: " .,." 102, Personal property 103. Setllement charges to borrower: .' (from line . 1400l,.' . 104. 105. ".'. ADJUSTMENTS FOR ITEMS PAID BY SELLER IN ADVANCE: 106, Cllyltown ta~es to 107. County taxes to 108. Assessments to 109. 110. 111. 112. 401. Contract sales price 402. Personal property 403. 15.00 404, 405. ADJUSTMENTS FOR ITEMS PAID BY SELLER IN ADVANCE: 406. Cllyltown taxes to I 407. County taxes to 408. Assessments to 409. 410. 411. 412. 200. AMOUNTS PAID BY DR IN BEHALF OF BORROWER: 500. REDUCTIONS IN AMOUNT DUE TO SELLER: 120. GROSS AMOUNT DUE FROM BORROWER: ~ H 2 ~ I ~ 00 420. GROSS AMOUNT DUE TO SELLER: ~ l:l2 ~uo 00 201. Deposit or earnest money 202, Princlp'al.amo~~! oepew loan(s) 203. Exis~inQ loan(s) laken subject to 204.....:~ ..., ':',~j.::; 205. 206. 207. 208,.. 209. 501. Excess deposit (see ins/ructions) 502. Settlement charges to seller (line 1400) 503. Existing loan(s) taken subject to 504. Payoff of first mortgage loan 505. Payoff of second mortgage loan 506. 1994 TAXES 507. 508. 509. . 1. 311. 00 745.16 210. Cityllown taxes 211.CountyJaxes 212. Assessments 21j{EN'r-1\..o:l/21/94 to 21~EN'r-'B'.'ln;2Ji94 to 219)EPOS I'r~B 216. 217. 218. 219, 220. TOTAL PAID BY/FOR BORROWER: to to to 0'//31/94 0'il31/94 10&.45 133.06 300.00 ADJUSTMENTS FOR ITEMS UNPAID BY SELLER: . 510. City/town taxes to 511. County taxes to 512. Assessments to 513REN'I'-}\ 0'1/21/94 to 0"1/31/94 514REN'1'-B O'll2l194 to 0'//31/94 515DEPOSn'-B 516. 517, 518. 519, 520, TOTAL REDUCTIONS IN AMOUNT DUE TO SELLER: ~ 106,4~ 133,06 300,00 ADJUSTMENTS FOR ITEMS UNPAID BY SELLER: 300. CASH AT SETTLEMENT FROMITO BORROWER: 600. CASH AT SETTLEMENT TO FROM SELLER: 539,51 I '/.,595 6"7 301. Gross amount due from borrower (line 120) 302. Less amount paid by/for borrower (line 220) 82 . YI b . 00 501. Gross amount due 10 seller (line 420) 539 . 51) 602. Less total reductions in amount due seller (line 520) g,,~OU,OO 2.595,67 ) 303. CASH ([] FROM) (0 TO) BORROWER: 81, n ~. 49 603. CASH ([!] TO) (0 FROM) SELLER: ~ '1 Y, 904.:n * Seller roceeds are to be disbu sed as follo ~$39, 952.16 to Burton-Grof~ H0ct1533oS61 1m$39,:952go~?39~?a6~~bbell 1 r RESPA, HB 4~05.~ 8/89 ... . L~-~ . SET T L E.i E N T 760. TOTAl' SALES/BROKER'S COMMISSION: BASED ON PRICE $ CHARGES @ 0/0 = , PAID FROM BORROWER'S FUNDS AT SETTLEMENT PAID FROM SELLER'S FUNDS AT SETTLEMENT 70t$ . 702. $ .703. Commission pall;! at settlement 704. BOO, ITEMS PAYABLE IN CONNECTION WITH LOAN: BOt Loan Origination fee % 802. Loan Discount % 803, Appraisal Fee to: 804. Credit Report to: 805, Lender's Inspection fee 806. Mortgage Insurance application fee to 807" Assuinp!lon fe~ ,; 808. 809.....- ;,:,' 810. 811. 90t .Interest !rornl~',..i 902. Mortgage insurance premium for 9O~..H~a.r~.lnsura~"c~ premium for ,.. 904. Flood Insurance Premium for 905,;....,:;" ".,. @ $ Y Iday mo. to ,,' , i. ," yrs. to 1 yrs. to 1000, RESERVES DEPOSITED WITH LENDER: 1ooj;; 1:l8Z~rd,!ri~ura.hce;;,i \., 1002. Mo~tgage :Insura~ce 1003, City' property taxes', : 1004. County property taxes 1005.. Annual asse$~n)ents 1006. Flood Insurance 1007, 1008. . (,months @ $ months @ $ 'months @ $ months @ ~ months @ $ months @ $ months @ $ months @ $ per month per month per monlh per month per month per month per month er month 1100. TITLE CHARGES: 1101. Seltlement or closing fee to .oas.a 1102, Abstract ortllle search to ,~oas ta 1 i10ir'ille ~'~~~I~'all()~l~""" '"'Coastal .11OjLI!!!l!'J~,$.ura~~.~)~~~r !9ii) 1105. Document pr~paration to .1106;', !'JOta~(e~s.W:,:{{::~l(:":.,;: '.....'..,; 1107. Attorney's fees to (inc/udes above items Numbers: ..1108,Tltlelrisurabc'e'to\\.\,:'i'd~,i"i;~'SoastaI, Bonded Title Co. .of Clearwater ,'_. ",_"";".~'".~I",,,:."~__:',!:'~_'i.~r,.)f},:,~t.-",'\,,(1.:-.:,.,1,; ,', "~'''~ ;':.'~ ,:':.( . i,>L:i{jY/~,~{4~~t~~g~~'~~fT1s.tfumbe.rs:.', · 1109. Lender's coverage $ 1110...qw.r.~r'sc9v~"t~ge:i"U': lY.!~3r ~Y?\.J H 0,: 1111. 11.~?:'.'.~.:'::'~~;~;ii~ 8~"~~1~~11~-iJ~ ~ :~~~ ~ 'li~).~. ~~ r.~l:~ : l"rj' .': '" " 1113. ) Title Co. Title Co, '1S.00 25.00 525,00 1.29kR,~22~~!D.g;,~~jli.tpj~Qil~f;~LL;:,;.,~,f,.:;;~;:,'i Mortgage.~ '. , Hel.eases$ , 1202. City/county taxis tamps: Deed $ ; Mortgage $ J.?Pl,",~~~~.I!~.~~~fue~;dL.~;:.,.:;,~"pe~~,~~".., ~,?J,' 50 ; Mortgage $ 'j .. 1204. 1205; I;{E<::()~Q)~~f:JI)~\(JTr,,&,;'PA.RT.. 'I'RU ST ". to CLERK OF THE. CI RCU I T COURT 57'1,50 l8.50 1300, ADDITIONAL SETTLEMENT CHARGES: 130 1f' SlIrvey', tOf.'ff,1i(;;!~tfl~j;lt~I;i,}!~~"w 1-n~;Si: ~:(Yi\.,,;'{' j;ti,;' ,. ........ \....... ........,; ...jIO'....J~~ l!..iI.i:l.kI_.;~:;)...b:J'~"'''';''' 1... ,~.J:'..,: _",~'-I-'."IL..'\Lc';' 'IL.:..-'!' 1302. Pest Inspection to . 'i303;1~E:l?E~1\~}i:J;:X,J;lR~~:~I:!~R~i,G9~~.'r.~llr~QND~D..,. TITLE CO . ... ,~.,..\;;.".~~.:,.J':.Jl."'J.J ~,...,i..~ f;>l~..J.ri!tJ....t.,..',...., ___~tb'l:"".. ,F~...., _,_ ,", .....,...I,,,~' .". 1304. 30.0C 1 ~2~~;11~~Lg;~tf,J~~z:~~1t~it~~a6:1j:1t2~~~I5t~X~\~.~I~~!' ;~J~i(~X ~\~.:;~;.; 1306. 1307,'; Y::'-:: 1400. TOTAL SETTLEMENT CHARGES (En/er on line 103, Section J - and - line 502; See/ion K) ~ l~.(lO .I , j.l J . Of Borrowers ----...- Sellers CARTER C~ HUBBEL, J unl 01 this transaction. I have caused Date Jul V 20, 1994 File No. 94-1'703S WARNING: Ills I cO e 10 kn IIngly make false I' ents to the Unlled Slates on this or any other similar form. Penalties upon conviction ". 'oo'od. . ". -of 'mp"".m..1. Fm dal.II, '" TII" ,. U.5. COd;if. 1001 ..d 5""00 1010. PaC]e 2 CA 161378 .. * * * ~ ~* ~ ':f\, If- *" ic *.* OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, 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 Schedule A and B and to the Conditions and Stipulations 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, Old Republic National Title Insurance Company 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. 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 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 (al to comply with the requirements hereof or lbl to eliminate exceptions shown in Schedule B, or ic) 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 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. NOTE: The policy committed for may be examined by inquiry at the office which issued the commitment, and a specimen copy of the policy form (or formsl referred to in this commitment will be furnished promptly upon request. OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY A Stock Company 400 Second Avenue Soulh" Minneapolis" Minnesola 55401 (612) 371"11I1 By Presldenl AlleSI Secrelary aRT Form 3229 SCHEDU LE A File No. 94-17035 Commitment No. CA 161378 1. Effective Date: June 15, 1994 @ 05:00 PM . * If- * %-tc ic * ~ . * ~ ** 2. Policy or Policies to be issued: (a) ALTA Owners Policv (10/17/92 with Florida modifications) Proposed Insured: CITY OF CLEARWATER, FLORIDA, a Florida Municipal Corporation Amount: $ 82,500.00 (b) ALTA Standard Loan Policy (10/17/92 with Florida modifications) $ 0.00 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: JOAN H. BURTON-GROFF and CARTER C. HUBBEL, JR., as TENANTS IN COMMON 5, The land referred to in this policy is situated in the County of State of Florida, and is described as follows: LOT 4, PARKWOOD FIFTH ADDITION, ACCORDING TO THE MAP OR PLAT THEREOF AS RECORDED IN PLAT BOOK 64, PAGE 87, OF THE PUBLIC RECORDS OF PINELLAS COUNTY, FLORIDA. PINELLAS ORT FORM 2420 This Commitment valid only if Schedule B is attached. File Numbe'94-17035 Commitment Num~A 161378 REQUIREMENTS The following are the requirements to be complied with: 1, Payment to or for the account of the grantors or mortgagors of the full consideration for the estate or interest to be insured. 2. Instrument(s) necessary to create the estate or interest to be insured and other instruments which must be properly executed, delivered, and duly filed for record, and/or other matters which must be furnished to the company. a. COPY OF LIVING TRUST OF CARTER C. HUBBEL & ELISABETH HUBBEL dated July 30, 1985 to be recorded in Pinellas County Records. b. AFFIDAVIT (TO BE RECORDED) BY THE CO-TRUSTEES STATING THAT THE PROPERTY WAS NOT THE HOMESTEAD OF CARTER C. HUBBEL AT THE TIME OF HIS DEATH AND THAT HE WAS NOT SURVIVED BY A SPOUSE OR MINOR CHILDREN. TRUST GIVES THE SURVIVING TRUSTEES FULL POWER TO SELL CAPTION AND THAT NO AMENDMENTS WERE MADE. c. Warranty Deed from JOAN H. BURTON-GROFF and CARTER C. HUBBEL, JR., JOINED BY SPOUSES IF ANY, to CITY OF CLEARWATER, FLORIDA, a Florida Municipal Corporation. File Number94-17035 Commitment Numb~ 161378 EXCEPTIONS The policy or policies to be issued will contain exception to the following unless the same are disposed of to the satisfaction of the Company: 1. Defects, liens, encumbrances, adverse claims or other matters, if any, 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. Facts which would be disclosed by an accurate and comprehensive survey of the premises herein described. 3. Rights and claims of parties in possession, 4. Construction, Mechanic's, Contractors' or Materialmen's liens and lien claims, if any, where no notice thereof appears of record. 5. Easements or claims of easements not shown by the public records, 6, General or special taxes and/or assessments required to be paid in the year 1994 and subsequent years. 7. SUBJECT TO EASEMENTS AS FILED IN OR BOOK 3258, PAGE 290 TO FLORIDA POWER CORPORATION, PINELLAS COUNTY RECORDS. 8. EASEMENT TO THE CITY OF CLEARWATER FILED IN OR BOOK 4336, PAGE 1028 AND REFILED IN OR BOOK 4446, PAGE 793, PINELLAS COUNTY RECORDS. 9. RESERVATION OF DRAINAGE EASEMENT FILED IN OR BOOK 3110, PAGE 464 AND OR BOOK 3110, PAGE 467, PINELLAS COUNTY RECORDS. 10. 10 foot drainage/utility easement as filed in Plat Book 64, page 87, over the rear of caption. ORT FORM 3500 Commitment ., l ..~ t' '. I I '... 73t2S474 ,c:1c. : '/6121060 EMEMENT .. . " r. t'4:tj6 r~.t l62s- ... ;0...4446 "AloE 793 FOil AND IN CONSIDEnATION 01 tho lum of Ono Dollur ($1.00) cn..h In ""I,d pllld In thllm , thu recelpl of which I. hOI'oby acknowlllc\gud, and the benefit. to bc durlved therefrom, CARTER C, HUBBEL and ELlS ABETH L, HUBBEL, hi. wUe, do hereby Rranland convoy to the CITY en,''' CLEARWATER, FLORIDA. an ~mc:nt over, under and acroll the 'folJowlnR dOllcrlbed l.lnd, lyinS and being IlluBte In tho County of Plnella.. Sll1tu of Florida. h. wit: } t .. oft Start at thll North..... corner or Lot 3, ParkwoOd FUth Addition, a. recorded In Plat Book 64, Pa,. 87. 01 Public Recordl of PlneUal County. Florida. a"\d run th.nce S 0.00'30" W 35.0 feeti th.nce run N 89.06'38" W 80.0 f.et to the Ealt Iln. of Lot" of alore.ald Parkwoocl FUth Addition. for the point of beslnnln'i thence run N 61. 31'Z4" W 71.46 feeti thence run S 75.05'30" E. 65.0 f..et; thence run S 0.00'30" W 17.35 leet to the point 01 beglDlllns. .. .hown on the attached drawlns wblch II mad. a part here"" .,~ 41 SI __. 42 SUI __ 43 Inl .~ ' lot ....,... .... ~t~ ~'1::"'1llfJ ~..~ ~:;; ::,..~:lg ~P~J;~ ./ r- L: d tS ~ .'.1, :",'~'~ 9 "'J/ (:' ~1f~ J r ;,.; i:: ~~. STATE OF FLORIDA I ~; .' .~ -"! COUNTY OF PlNELLAS ;: ;: t.. :..J ,J':~' ~ I ~~~ i e I I 'i & .~. :~ . , 1..;", ~,' , .... aI-recorded to corr~ct llgal description 0'OC75 .30 D5 .1515 51 .815 ell I , ., =00,30, , ;';1 : 14 14007'94 72 0001. 41 42 Tbl. ealem.nt b.lns lor drainage In.taUation and malntenanco. Th. CITY OF CLEARWATER, FLORIDA, shall have the right to enter upon the above-dCllcrlbed preml.el and to con.truct, In. tall ar.d maintain r ~ tbe, eon any drain.Se line I and to Inllpect and alter .uch drainage Ilnel (rom-" ... Urn ) to time. -- ~ IN WITNESS WHEREOF. the parti~hereto ba~ eet tbelr ;: ~f~ banc1!.- and Ilea~ thls a 2. day o( S y-t;;;:...~ . 19-1i.. iI s 1 · = i SI,red. ..aled and delivered ~ ~ ('1.&::7/ /) ?..// - In ti,e preunc. of: c~~; c: HUbbe~~ (S:L) tfuf,kht 17/. J'iaJJ E it a eth L. Hubbel (SF.AL) RETunN TO, Cl :": l '1r~PI( " '. .'_0':, ..',1'1 , . '~'. ~'l,,\. ~~:18 CAR TER C. HUBBEL and EUS -'BETH L. HUBBEL. bi. wUe to me well known and known to me lo b. the individual. delcrlbed In and who executed th. (ore.olns In trum.nt and acknowltld(l.d b~re m. th.:,t they ex,"cutecl lhe lame for tho purpo... therein oxrre...d, Before mtl personally appeared r I~ If ~" I" " WITNESS my hand and official ..al thll A.D. 19~. 2 ~ da:l cf ~+_A.a.- ..} " ., . . ' ~, . ., t' ~~~..y:;~ ~~~srA"orIlOfIO.-AT~_ NotBi;'I"\lbli?- ~ .... -.=-'NIOH Imlf. JUNI I .., ~y.,'~~mml"lon Expire., ---INIUClIlDAl.... .~.J~!':,:.' ~ .l.'IO\....,:~......~ .. "~ '\.~:,.....~ f. L/ : I" _ I ~r:'ft... .. . , l(U . . ...., '. .. - '. t. ~: I', I'. "" ., '.', ~a .. N J :8.1.4446 I~l,[ 794 1 u..43J6 ...crIO~p " "- os' 10- It "'~ · u,,"r, --- r.....", '''','' ""q .r~ Q0'zJ$.r~);. _ .~.#Wr. ~~~~ P.o.lI. Lot 4 . "8 '= lit ~ - t, .. .s .... l ~~ t, .: . .. . '''01'..- r '0.0' Re-recorded to correct le~al description l JEFFORD!- STREET CITY OF' CLEA"WATIER. FLORIDA ENGINEERING DEPARTMENT De... IY DRAINAGE INSTALLATION a SC:AU 'UtN. 1-_tO' c:ltf:cm IY M NTENANCE EASEMENT ...c.a. LOT 4 PARICWOOD Sth A~~, JO' ..0 0("';'1[0 I. c..H. PLA! 8001< 14 - PA~E _~ 1__ :""~'::~ ~'--"7.:'~-"'-"-+;~~:~~~~~-:'''~~-' .. " +.. -, I' , ,l ! ~ 'J, ~ I I I l ; ~': (f if ':<, ~. .J I 1 ~2>~-2'70 I ~ I : I I .' <' I I ~.' " ' l . . - ... ~ ..~ ,~'? .' ~5 : t' ~ - - >' ,. .. fr. ~..:.(.<"'....Io.~f"''', ~~~,~ -:'~"~A' A:. . ~ p , . ".."~ ;;.ii'" / liP... * *" . ill: fR : 2!:Ell~~~~~!:!~ 1I1~' "" ,.. ic Commitment To Insure Issued through the Office of: