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IMR GLOBAL CORPORATION , , .. I I RETURN TO: James Robbins, Esquire Hill, Ward , Henderson, P. A. Post Office Box 2231 Tampa, Florida 33601-2231 THIS SPECIAL ~y DEED Made this I~ day of ~ , A.D. 1999 by the CITY 01' CLEARWATER, FLORIDA, a MUnicipal Corporation of the State of Florida hereinafter called the Grantor, to IMRGLOBAL CORPORATION, a Florida corporation whose Post Office address is: 100 South Missouri Avenue, Clearwater, Florida 33756, hereinafter called the Grantee: (Whenever used herein the term "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 $10.00 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 parcel of real property situate in Pinellas County, Florida, viz: Lots 9, 10 and 11, Block 5 (also known as subdivided Lot 5), of the REVISED MAP 01' R. B. PADGETT'S.SOBDIVISION, as recorded in Plat Book 4, Page 32 of the Public Records of Pinellas County, Florida. Together with all the tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining. IN COMPLIANCE W7TB SEC. 2.665, CODE 01' ORDINANCES 01' THE CITY 01' CLEARWATER, FLORIDA, THE PARTIES EXPRESSLY COVENANT AND AGREE AS FOLLOWS: I'/) ',v, I' c/O/;) -/ ( ) J: , ' ./ ...' I I A. Neither Grantee nor any successor grantee in title or interest shall use the property described herein for any purpose or purposes for which ad valorem property tax exemption would be available. B. Application by the Grantee, or any successor grantee in title or interest, to the property appraiser of Pinellas County, Florida, for ad valorem tax exemption shall cause title to the property described herein to revert to the City of Clearwater automatically as of the date the application is filed and regardless of whether the application is ultimately granted or denied. C. This restriction and reverter shall run with the land and reverter hereunder shall be to the City absolutely and not to any intervening owner of the property. D. All subsequent deeds or other instrument of conveyance shall contain this restriction. This restriction and reverter shall run with the land in perpetuity. To Have and to Hold, the same in fee simple forever. Subject to nondelinquent ad valorem taxes and current installments of special assessments not yet due and payable, to highways, rights-of-way, licenses, easements and restrictions of record generally, zoning ordinances and other governmental limitations, or others which might be disclosed by an accurate inspection and architectural survey. And the said Grantor does specifically warrant the title to said land and will defend the same against the lawful claim of all persons claiming by, through or under Grantor except taxes for the year 1999 and subsequent, and subject to the matters hereinabove mentioned. In Witness Whereof, the grantor has caused these presents to be executed in its name, and its corporate seal to be hereunto affixed, by its proper officers thereunto duly authorized, the day and year first above written. Countersigned: CLEARWATER, Mi ael J. Roberto City Manager ~~ Page 2 of 3 " I I STATE OF FLORIDA COUNTY OF PINELLAS BEFORE ME, the undersigned, personally appeared Brian J. Aungst, Mayor-Commissioner of the City of Clearwater, Florida, who executed the foregoing instrument and acknowledged the execution thereof to be his free act and deed for the use and purposes herein set forth, and who is personally known to me. Of~SS my hand , 1999. and official seal this Il"'ctay Q 00~ Nota~ic Print/type name: NMMW IIUalC . STATE OF Fl.ORIDA CMOL YN L 8RINK OOMMltIlON, CC<<W878 t.VIR!8 512212003 IOND~O THIIlU AlIA l-&e-NOTARY1 STATE OF FLORIDA COUNTY OF PINELLAS BEFORE ME, the undersigned, personally appeared Michael J. Roberto, the City Manager of the City of Clearwater, Florida, who executed the foregoing instrument and acknowledged the execution thereof to be his free act and deed for the use and purposes herein set forth, and who is personally known to me. of ~SS 1999: my hand and official seal this/'i'~~y , Q d! ~r- Notary P~ Print/type name: ~to John Carassas Assistant City form and legal sufficiency: -? NOTARY PUBLIC. STATE OF FlORIDA CAROLYN l BRINK C~IllIIlON' CC834678 DPlRE8 512212003 BONDED THRU ASA 1-388-NOTARY1 s--- Attorney Page 3 of 3 f I CITY OWNED PROPERTY COUNTY IDENTIFIER: PORTION OF 15-29-15-00000-210-0700 ATLAS PAGE: 287A LOCATION: WEST SIDE OF MADISON AVENUE, PART OF 1133 CLEVELAND ST. SHORT LEGAL: A PARCEL OF LAND BEING A PORTION OF THAT CERTAIN PROPERTY DESCRIBED AS PARCEL 11 IN OFFICIAL RECORDS BOOK 9956, PAGE 1415 OF THE PUBLIC RECORDS OF PINELLAS COUNTY, FLORIDA, LYING WITHIN THE WEST ~ OF THE NE~ OF THE ~ OF SECTION 15, TOWNSHIP 29 SOUTH, RANGE 15 EAST, PINELLAS COUNTY, FLORIDA DIMENSIONS/ACREAGE: 1,289 SQ. FT. (0.0296 AC.) SURVEY(S)?: YES BY: FLORIDA DESIGN CONSULTANTS DATE: 09-02-98 APPRAISAL?: NO VALUE : NA BY: NA INC. DATE: NA SPECIAL USE (IF ANY): R/W FOR MADISON AVENUE IMPROVEMENTS ZONING: "D" (DOWNTOWN COMMERCIAL) SELLER: J. O. STONE, ET AL PURCHASE PRICE: $9,023.00 CLOSING COSTS: $440.40 APPROPRIATION CODE: 315-94765-650100-552-000 (IMR DEVELOPMENT PROJECT) ACQUISITION DATE: <Tm$ OJ., ~~~ 5ldler? TITLE INSURANCE: STEWART TITLE OF CLEARWATER, INC. POLICY NUMBER: STEWART TITLE GUARANTY CO. POLICY NO. 0-2125-234766 CLOSING AGENT/FILE NO.: 99010086 O.R. BOOK/PAGE (DEED): 10545/0177 - 0190 (4 WARRANTY DEEDS) RESTRICTIONS/REVERTER: None COMMENTS: SMALL STRIP OF STONE BUICK PROPERTY REQUIRED FOR IMPROVING MADISON AVENUE AS REQUIRED BY CITY DEVELOPMENT AGREEMENT WITH IMRGLOBAL, INC. COP.ewb