CITY OF CLEARWATER - THE CEPCOT CORPA. U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
SETTLEMENT STATEMENT
Somers Title Company
1290 Court Street
Clearwater, Florida 33756
(727)441-1088 fax: (727)449-1359
B. TYPE OF LOAN
1. FHA 2.
4. E] VA 5.
FMHA 3.
CONV. INS.
CONV. UNINS.
6. File Number.
1902017C
7. Loan Number.
B. Mongage 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
(poc) were paid outside the closing. They are shown here for informational purposes and are not included in the totals.
Community Redevelopment Agency of the City of Clearwater, Florida, a public body corporate and politic of the
D. Buyer: State of Florida
600 Cleveland Street 6th Floor
Clearwater, Florida 33756
E. Seller:
The Cepcot Corporation, a Florida Corporation
P.O. Box 6025
Clearwater, Florida 33758
F. Lender:
G. Property:
701 Franklin St
Clearwater, Pinellas County, Florida 33756
MAGNOLIA PARK BLK 11, PART LOTS 1, 2, 9 & 10 DESC FR NW COR SD BLK 11 RUNE 15FT FOR
POB TH E 63.68FT TH S 185.16FT TH W 60.6FT TH NI85.4 FT TO POB, Pinellas County, Florida
H. Settlement Agent: Somers Title Company
Place of Settlement: 1290 Court Street, Clearwater, Florida 33756 Pinellas County
I. Settlement Date:
August 6.2019
J.
Summary of Buyer's Transaction
K. Summary of Seller's Transaction
100. Gross Amount Due From Buyer:
400. Gross Amount Due To Seller:
101. Contract Sales Price
525,000.00
401. Contract Sales Price 525,000.00
102.
Personal Property
402. Personal Property
103.
Settlement Charges to Buyer (line 1400)
3,278.50
403.
Adjustments for Items Paid by Seller in Advance:
Adjustments for Items Paid by Seller in Advance:
106. City / Town Taxes
406. City / Town Taxes
107.
County / Parish Taxes
407. County / Parish Taxes
108.
Assessments
408. Assessments
120.
Gross Amount Due from Buyer:
528,278.50
420. Gross Amount Due to Seller: 525,000.00
200. Amounts Paid by or in Behalf of Buyer:
500. Reductions in Amount Due to Seller:
201. Deposit / Earnest Money
501. Excess Deposit (see instructions)
202.
Principal Amount of New Loan
502. Settlement Charges to Seller (Line 1400) 3,700.00
203.
Existing Loan(s)
503. Existing Loan(s)
204.
504. Payoff of Fust Mortgage
205.
505. Payoff of Second Mortgage
206.
506. Purchase Money Mortgage
207
507 2019 Real Estate Tax Cutoff to Pinellas 3,070.95
County Tax Collector
Adjustments for Items Unpaid by Seller:
Adjustments for Items Unpaid by Seller:
210. City / Town Taxes
510. City / Town Taxes
211.
County / Parish Taxes
511. County / Parish Taxes
212.
Assessments
512. Assessments
220.
Total Paid by / for Buyer:
0.00
520. Total Reductions in Amount Due Seller: 6,770.95
300. Cash at Settlement from / to Buyer:
600. Cash at Settlement to / from Seller:
301. Gross Amount due from Buyer (line 120)
528,278.50
601. Gross Amount due to Seller (line 420) 525,000.00
302.
Less Amount Paid by/for Buyer (line 220)
0.00
602. LeReductions Amount due Seller (line 6,770.95
)
303.
Cash From Buyer:
$528,278.50
603. Cash To Seller: $518,229.05
HUD -1 May 2007
Settlement Date:August 6, 2019
File Number. 1902017C
L. Settlement Charges
700. Total Sales / Broker's Commission:
Division of Commission as follows
Paid from
Buyer's
Funds at
Settlement
Paid from
Seller's
Funds at
Settlement
701.
702.
703. Commission Paid at Settlement
800. Items Payable in Connection with Loan:
801. Loan Origination Fee
802. Loan Discount
803. Appraisal Fee
804. Credit Report
805. Lender's Inspection Fee
806. Mortgage Insurance Application Fee
807. Assumption Fee
900. Items Required by Lender to be Paid in Advance:
901. Daily interest charge from Aug 6, 2019
902. Mortgage Insurance Premium
903. Hazard Insurance Premium
904. Flood Insurance Premium
1000. Reserves Deposited with Lender:
1001. Hazard Insurance
1002. Mortgage Insurance
1003. City Property Taxes
1004. County Property Taxes
1005. Annual Assessments
1100. Title Charges:
1101. Settlement or Closing Fee to Somers Title Company
450.00
1102. Abstract or Title Search to Tony Gatlilff
85.00
1103. Title Examination
1104. Title Insurance Binder
1105. Document Creation Fee
1106. Notary Fees
1107. Attorney Fees
(includes above item numbers:
1108, Title Insurance to Chicago Title Insurance Company
(includes above item numbers:
2,700.00
1109. Lender's Coverage 0.00
1110. Owner's Coverage 525,000.00 Risk Rate $2,700.00
Premium:
1111.
1112. Wire Fee at $25.00 per wire to Somers Title
25.00
25.00
1200. Government Recording and Transfer Charges:
1201. Recording Fees: Deed 18.50 Mortgage 0.00 Releases 0.00
18.50
1202. City/County Tax/Stamps: Deed 0.00 Mortgage 0.00
1203. State Tax/Stamps: Deed 3,675.00 Mortgage 0.00
3,675.00
1204. Intangible Tax to Clerk of the Circuit Court
1205.
1300. Additional Settlement Charges:
1301. Survey
1302. Pest Inspection
1400. Total Settlement Charges (Enter on line 103, Section J and line 502, Section K)
$3,278.50
$3,700.00
I have carefully reviewed the HUD -1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and
disbursements made on my account or by me in this transaction. I further certify that I have received a copy of HUD -1 Settlement Statement.
Buyer:
lop gency of the City of Clearwater,
Seller: vi
anda Thompson, Director
I have reviewed the Closing Disclosure, the settlement statem
any disclosure of the Florida titl - ' . e= . ce premiums
law.
Settlement Agent:
the lender's closing instructions and any and all other forms relative to the escrow funds, including
d I agree to disburse the escrow funds in accordance with the terms of this transaction and Florida
1 I
. .
Mikell , t Germain
Date: August 6, 2019
WARNING: It is a crime to knowingly make false statements to the Unite. : tes on this or any other similar form. Penalties upon conviction can include a fine and
imprisonment. For details see Title 18 U.S. Code Section 1001 and Section 1010.
HUD -1 May 2007
Prepared By: Mikell L. St. Germain
RECORD & RETURN TO:
SOMERS TITLE COMPANY
1290 Court Street
Clearwater, FL 33756
(727) 441-1088 phone
incidental to the issuance of a title insurance policy.
File Number: 1902017C
Parcel ID #: 15/29/15/54450/011/0010
WARRANTY DEED
This WARRANTY DEED, dated 08(1/2019 by
The Cepcot Corporation, a Florida Corporation
whose post office address is:
P.O. Box 6025, Clearwater, F133758
hereinafter called the GRANTOR, to
Community Redevelopment Agency of the City of Clearwater, Florida, a public body corporate and
politic of the State of Florida
whose post office address is: (, ,, Q
A
_0()C.) C Pv 2 LOc ti-kd s e"e
L.Qc ;o S
C<-eav�cx�2V 1
hereinafter called the GRANTEE:
(Wherever used herein the terms "Grantor" and "Grantee" include all 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 $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 land situate in Pinellas County, Florida, viz:
Parcel Number 15/29/15/54450/011/0010
A part of Lots 1, 2, 9 and 10, Block "11", Magnolia Park, as recorded in Plat Book 3, Page 43 of the
Public Records of Pinellas County, Florida, described as follows:
From the Southwest corner of said Block "11", run thence East, 15.0 ft; thence run N 0 deg. 42'00"W,
parallel with and 15.0 ft. East of the East right of way line of East Avenue, 129.0 ft. for the Point of
Beginning; thence continue N 0 deg. 42'00'W, along said line, 185.40 ft. to the South right of way line of
Franklin Street, also being the North line of said Block "11"; thence S 89 deg. 58'00" E, along said North
line of Block "11", 63.68 ft.; thence S. 0 deg. 15'12"W, 185.16 ft.; thence S 89 deg. 49'30"W, 60.60 ft. to
the Point of Beginning.
SUBJECT TO covenants, conditions, restrictions, reservations, limitations, easements and agreements of record,
if any; taxes and assessments for the year 2020 and subsequent years; and to all applicable zoning ordinances
and/or restrictions and prohibitions imposed by governmental authorities, if any.
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 except as above noted, the GRANTOR is
lawfully seized of said land in fee simple; that 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.
IN WITNESS WHEREOF, GRANTOR has signed and sealed these presents the date set forth above.
SIGNED IN THE PRESENCE OF1THE FOLLOWING WITNESSES:
Witness Sign �'�a.A/L.?
Print Name: 5l prr'a_ O.
fitn E r1 f
Witness Sign: t,t?
Print Name: IS N L- S'(1/2/04 -US
State of Florida
County of Pinellas
THE FOREGOING INSTRUMENT was sworn and acknowledged before me on 08/,S/2019 by: John C.
Thomas, President and CEO of The Cepcot Corporation, a Florida Corporation who has produced a
drivers license as identification.
iala_A-61 /1-C•fit
Notary Seal/Expiration Date Notary Signature
I A;;;;;7;..e,,, SHARLA N HORNE
I $, `NotaryPublic- StateofFlorida
•' • : Commission 11 GG 118337
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CORPORATE RESOLUTION - SELLER
WHEREAS, The Cepcot Corporation with its princpal office located at P.O. Box 6025, Clearwater, Fl
33758, desires to sell to Community Redevelopment Agency of the City of Clearwater, Florida, a parcel of
property located at 701 Franklin St, Clearwater, Florida 33756, for the sum of $525000.00.
Said property being described as follows:
Parcel Number 15/29/15/54450/011/0010
A part of Lots 1, 2, 9 and 10, Block "11", Magnolia Park, as recorded in Plat Book 3, Page 43 of the
Public Records of Pinellas County, Florida, described as follows:
From the Southwest corner of said Block "11", run thence East, 15.0 ft; thence run N 0 deg. 42'00"W,
parallel with and 15.0 ft. East of the East right of way line of East Avenue, 129.0 ft. for the Point of
Beginning; thence continue N 0 deg. 42'00'W, along said line, 185.40 ft. to the South right of way line of
Franklin Street, also being the North line of said Block "11"; thence S 89 deg. 58'00" E, along said North
line of Block "11", 63.68 ft.; thence S. 0 deg. 15'12"W, 185.16 ft.; thence S 89 deg. 49'30"W, 60.60 ft. to
the Point of Beginning.
THE undersigned hereby certifies that he/she is the President and CEO of The Cepcot Corporation, a
corporation validly existing and organized under the laws of the State of Florida, which Corporation is presently
subsisting and in good standing under the laws of such State; that the following is a true, accurate and compared
transcript of resolutions duly adopted by unanimous written consent of the Officers of said Corporation, and that
the proceedings were in accordance with the Articles and By-laws of said Corporation, and that said resolutions
have not been amended, rescinded, modified or revoked, and are in full force and effect.
BE IT FURTHER resolved that The Cepcot Corporation has duly authorized, directed and enpowered, John
C. Thomas, its President and CEO, to do and perform all other acts and things necessary to complete sale in
connection with this transaction.
BE IT FURTHER resolved that any and all action herein above authorized and directed which may have already
been performed, are hereby radified and confirmed.
Signed this 08/ 5 /2019.
John C. ' o iu s
Its: President and CEO
Privacy Statement
Privacy Statement
BONERS
TITLE
COMPANY
At Somers Title Company, we recognize and respect the privacy expectations of today's consumers, and meet all applicable
industry standards as well as all Federal and State laws regarding the protection of our client's Non -Public Information (NPI).
This Privacy Statement is intended to make our clients aware of how we gather, use, communicate and disclose your Non -Public
Information. The following outlines our Privacy Policy:
Information Collected
In the normal course of our business, and to provide the necessary services to our customers, we may obtain NPI directly from
our clients or through other fair and lawful means. Our client's NPI is only collected when appropriate and necessary to fulfill
our duties as your title company.
Information Retention
We will only retain our client's NPI as long as necessary for the fulfillment of our services. Once complete, all hard copies
containing NPI are either returned to our clients or shredded. State law requires that we maintain digital copies of our files for
seven years.
Information Protection
Our client's NPI is limited to authorized personnel only who need access to perform their job requirements. All hard copy
information retained on active files is secured in locked filing cabinets, in locked offices, secured by alarm systems. All digital
information is protected through encryption and secured cloud storage. Any electronic communication of our client's NPI is sent
via secured TLS encryption technology to ensure a safe and direct transmission.
Information Shared
Somers Title Company will only disclose client's NPI when given direct permission, when required by law, when necessary to
comply with Federal or State requirements, or when suspicious of fraudulent or criminal activities. One important responsibility
of our company is to record documents in the public domain. Such documents may contain client's NPI. Somers Title Company
will disclose these documents to our clients prior to recording.
Our client's Non -Public Private Information, will not be sold, exchanged, transferred, or given to any other company for any
reason other than for the express purposes stated for our services. All of our safeguards are compliant with, or exceed industry
standards and laws, as our client's trust and privacy is of the utmost importance to us.
I, John C. Thomas, President and CEO of The Cepcot Corporation, a Florida corporation, hereby acknowledge receipt and
understanding of the Privacy Statement and the Information and Data Privacy Policy of Somers Title Company,
Date
August 2014
Privacy Statement
Privacy Statement
SOMERS
TITLE
COMPANY
At Somers Title Company, we recognize and respect the privacy expectations of today's consumers, and meet all applicable
industry standards as well as all Federal and State laws regarding the protection of our client's Non -Public Information (NPI).
This Privacy Statement is intended to make our clients aware of how we gather, use, communicate and disclose your Non -Public
Information. The following outlines our Privacy Policy:
Information Collected
In the normal course of our business, and to provide the necessary services to our customers, we may obtain NPI directly from
our clients or through other fair and lawful means. Our client's NPI is only collected when appropriate and necessary to fulfill
our duties as your title company.
Information Retention
We will only retain our client's NPI as long as necessary for the fulfillment of our services. Once complete, all hard copies
containing NPI are either returned to our clients or shredded. State law requires that we maintain digital copies of our files for
seven years.
Information Protection
Our client's NPI is limited to authorized personnel only who need access to perform their job requirements. All hard copy
information retained on active files is secured in locked filing cabinets, in locked offices, secured by alarm systems. All digital
information is protected through encryption and secured cloud storage. Any electronic communication of our client's NPI is sent
via secured TLS encryption technology to ensure a safe and direct transmission.
Information Shared
Somers Title Company will only disclose client's NPI when given direct permission, when required by law, when necessary to
comply with Federal or State requirements, or when suspicious of fraudulent or criminal activities. One important responsibility
of our company is to record documents in the public domain. Such documents may contain client's NPI. Somers Title Company
will disclose these documents to our clients prior to recording.
Our client's Non -Public Private Information, will not be sold, exchanged, transferred, or given to any other company for any
reason other than for the express purposes stated for our services. All of our safeguards are compliant with, or exceed industry
standards and laws, as our client's trust and privacy is of the utmost importance to us.
I, Amanda Thompson, Director of Community Redevelopment Agency of the City of Clearwater, Florida, hereby acknowledge
receipt and understanding of the Privacy Statement and the Information and Data Privacy Policy of Somers Title Company,
Signature Date
Si(0/6
August 2014
Acknowledgement as to Electronic Records
Somers Title Company strives to maintain the confidentiality and integrity of the personal
information in our possession and has instituted measures to guard against its unauthorized
access. We maintain physical, electronic and procedural safeguards in compliance with federal
standards to protect that information.
We store closing documents electronically on a remote cloud database.
Community Redevelopment Agency of the
water, Florida
Amanda Thompson, Director Date
The Cepcot Corporation, a Florida corporation
161/7
John . Th• a , 'resident and CEO Date
DISCLOSURE
We, the Owners/ Purchasers of that certain real property located at: 701 Franklin St, Clearwater,
Florida 33756,
Pinellas County, Florida, do hereby disclose the following facts or defects in said property.
I HEREBY CERTIFY that I have no knowledge of any facts or defects in said property which may
materially affect the value or desirability of said property, except as set forth above. I acknowledge that this
disclosure will be given to the listing broker, the selling broker, and any prospective buyer.
n R yEBf�Y CERT .` t as the buyer(s) I have inspected the above property and accept the same.
WITNESS
WITNESS
a Aga A) .
TNESS
State of Florida
County of Pinellas
Cosr ryunity Redevelopment Agency of the
ity
Cle ater, Florida
Am. - da i ompson, Director
The _ot Corporation, a Florida corporation
resident
EO
The foregoing instrument was acknowledged before me this 08/.x/2019, by Amanda Thompson, Director of the
Community Redevelopment Agency of the City of Clearwater, Florida, who has produced a drivers license
as identification and who did take an oath.
Seal / Expiration Date
State of Florida
County of Pinellas
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The foregoing instrument was acknowledged before me this 08//2019 by John C. Thomas, President and
CEO of The Cepcot Corporation, a Florida corporation, who has produced a drivers license as identification
and who did take an oaths
, SHAM NHORNE IY/tae-Z
Notary Public - State of Florida
• ; ��U : • Commission A GG 118337 Notary Signature
1 N9 °� :` My Comm. Expires Sep 23, 2021 1
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Seal / Expiration Date
Prepared By: Mikell L. St. Germain
Somers Title Company
1290 Court Street
Clearwater, FL 33756
incidental to the issuance of a title insurance policy.
File Number: 1902017C
OWNER'S AFFIDAVIT
THIS IS AN AFFIDAVIT MADE UNDER OATH. THE MAKING OF A FALSE STATEMENT WILL SUBJECT THE
AFFIANT TO SEVERE CRIIv1INAL PENAL flES.
BEFORE ME, the undersigned authority, personally appeared Affiant, John C. Thomas, President and CEO of
The Cepcot Corporation who being by me first duly sworn on oath, disposes and says:
1. Affiant is the owner of the following described property:
Parcel Number 15/29/15/54450/011/0010
A part of Lots 1, 2, 9 and 10, Block "11", Magnolia Park, as recorded in Plat Book 3, Page 43 of the Public Records of Pinellas
County, Florida, described as follows:
From the Southwest corner of said Block "11", run thence East, 15.0 ft; thence run N 0 deg. 42'00"W, parallel with and 15.0
ft. East of the East right of way line of East Avenue, 129.0 ft. for the Point of Beginning; thence continue N 0 deg. 42'00'W,
along said line, 185.40 ft. to the South right of way line of Franklin Street, also being the North line of said Block "11"; thence
S 89 deg. 58'00" E, along said North line of Block "11", 63.68 ft; thence S. 0 deg. 15'12"W, 185.16 ft.; thence S 89 deg.
49'30"W, 60.60 ft. to the Point of Beginning.
2. Affiant is in exclusive, full, complete and undisputed possession of the above described property and any personal property
included therewith; there are no leases, options, claims, unpaid taxes, assessments or interests of any kind held thereon; title has not
been transferred; and said property is free and clear of all liens, taxes, encumbrances and claims of every kind, nature and description,
except for real property taxes for the current year, and except as shown in Title Commitment Number 1902017C.
3. There have been no improvements, alterations or repairs to the above described property for which costs thereof remain unpaid.
There are no claims for labor, material or services furnished or performed for repairing or improving the same which remain unpaid;
there are no mechanics', material men's or laborers' liens against the above described property; and no labor has been performed within
the last 90 days which has not been paid in full in regards to said premises or personal property.
4. The personal property, if any, on said property or contained in the buildings thereon, which is to be sold with the property or
premises, is free and clear of all liens, encumbrances, claims or demands whatsoever.
5. No judgments or decrees have been entered in any Court of this State or of the United States of America against Affiant which
remain unsatisfied or unpaid; there exist no funds due to the Internal Revenue Service which remain unpaid which may result in a lien
against the above described real property; and Affiant is not a nonresident alien for United States Income Tax purposes and Affiants
Federal Income Tax Payer I.D. number (SS#) is as shown below.
6. This Affidavit is made for the purpose of inducing Community Redevelopment Agency of the City of CIearwater, Florida to
purchase the above described property, inducing n/a to accept the mortgage loan being given to purchase the above described
property and inducing Chicago Title Insurance Company of Florida to authorize Somers Title Company hereinafter "Policy Issuing
Agent", to issue Policies of Title Insurance insuring either the conveyance to the purchaser or the Lien of the mortgage or both.
7. Affiant agrees to indemnify and hold Policy Issuing Agent, SOMERS TITLE COMPANY and CHICAGO TITLE
INSURANCE OF FLORIDA harmless of and from all loss, cost, damage and expense of every kind, including attorneys' fees, which
Policy Issuing Agent and CHICAGO TITLE INSURANCE OF FLORIDA shall sustain or become liable for under its policies of title
insurance now to be issued on account of or in reliance upon any statements made herein, including but not limited to, any matters that
may be recorded between the effective date of the Commitment referenced above and the time of the recording of the instruments
described in said Commitment.
8. Affiant is familiar with the nature of an oath and with the penalties as provided by the laws of the State of Florida for falsely
swearing to statements in an instrument of this nature. Affiant affirms he has read the foregoing affidavit and fully understands the
facts contained herein. For the purposes of this affidavit, the use of the word "he" is intended and understood to mean all persons
executing this affidavit be it "he", "she" or "they", and singular shall include plural, when indicated.
Further, Affiants sayeth naught.
orporati
C. Thoma
resident and C
County of Pinellas
THE FOREGOING INSTRUMENT was sworn and acknowledged before me on 0815j2019 by: John C. Thomas,
President and CEO of The Cepcot Corporation who has produced a drivers license as identification and who did take
an oath.
r `idbinibuYidbilhndlii
;��arn�d.., SHARLANfiORNE 1 � %
1 .i',,`4. NotaryPublic- StateofFlorida-,a/9 / /rv""
Commission # GG 118337 Notary Signature
Seal / Exiratiol Ijna,,�r e� My Comm. Expires Sep 23, 2021
p I 1;;,;;,,,•' Bonded through National Notary Assn.
GAP AFFIDAVIT
State of Florida
County of Pinellas
Before me, the undersigned authority, this 08/ 5 /2019, personally appeared John C. Thomas, President and
CEO of The Cepcot Corporation, who after being duly sworn by me under oath depose(s) and say(s) of their
own personal knowledge:
1. They are of legal age and have never been known by any other names, except: (If none, state
"NONE", if yes, ...ye names and dates known as same)
2. They are the owner(s) of the following property described property described to -wit:
Parcel Number 15/29/15/54450/011/0010
A part of Lots 1, 2, 9 and 10, Block "11", Magnolia Park, as recorded in Plat Book 3, Page 43 of the Public
Records of Pinellas County, Florida, described as follows:
From the Southwest corner of said Block "11", run thence East, 15.0 ft; thence run N 0 deg. 42'00"W, parallel
with and 15.0 ft. East of the East right of way line of East Avenue, 129.0 ft. for the Point of Beginning; thence
continue N 0 deg. 42'00'W, along said line, 185.40 ft. to the South right of way line of Franklin Street, also
being the North line of said Block "11"; thence S 89 deg. 58'00" E, along said North line of Block "11", 63.68
ft; thence S. 0 deg. 15'12"W, 185.16 ft.; thence S 89 deg. 49'30"W, 60.60 ft. to the Point of Beginning.
and my/our enjoyment thereof has been peaceable and undisturbed, and my/our title to said property has never
been disputed or questioned to my/our knowledge, nor do Uwe know of any facts by reason of which the title to,
or possession of said property might be disputed or questioned, or by reason of which any claim to said property
might be asserted adversely to me/us.
3. UWe represent and warrant that I/we have examined the document(s) attached hereto as Exhibit "A",
including, but not necessarily limited to, judgements, decrees, bankruptcies, incompetency proceedings,
divorces, change of name proceedings, Federal Tax Liens, State Tax Liens and Statements of Claim against
persons whose names arethe same as or similar to mine/ours and I am/we are not the person(s) described in such
document(s) except: (If none state "NONE").
1ilcNE
4. UWe represent an� warrant that there are no unsatisfied or unreleased judgements, decrees, Federal or
State Tax Liens or Statements of Claim of record in the State of Florida, against me/us, except: (If none, state
"NONE").
5. UWe represent and warrant that no proceedings in bankruptcy have ever been instituted by, or against,
me/us, and I/we have never made an assignment for the benefit of creditors.
6. UWe represent and warrant that Uwe know of no action or proceeding relating to said property which is
now pending in any State or Federal Court in the United States nor do Uwe know of any State or Federal
Judgement or any State or Federal Lien of any kind or nature whatsoever which now constitutes a lien or charge
upon the property.
7. We were married to cach other on the date indicated hereinafter and we have been c d
to each other, without interruption from that date to the datc hereof, or if no datc of marriage is filled in, that4
hereof be and still am, a single person.
DATE OF MARRIAGE:
8. UWe represent and warrant that Uwe have never been adjudged incompetent.
9. UWe represent and warrant that there are no other person(s), other than the undersigned, now in
possession or claiming possession of the property, except: (If none, state "NONE")./
f d'J E
U
10. We represent and warrant that there are no tenancies, leases or other occupancies oral or written,
affecting the property, except: (If none, state "NONE").
Ara we
11. UWe represent and warrant that there have been no notices of intentions to claim a lien, Notices to
Owner, or other cautionary notices of any kind filed or served on the undersigned regarding labor or services
performed or material furnished to the prope in accordance with he Mechanic's Lien Law of the State of
Florida, except: (If none, state "NONE"). a NE
12. I/We represent and warrant that there are no unpaid bills or claims for labor or services performed or
materials furnished or delivered during the last ninety (90) days for alterations, repair work or new construction
on the Property, except: (If none, state "NONE"). , f6�s
13. UWe represent and warrant that Uwe have not conveyed, transferred or encumbered the property between
and the date hereof to any persons, firm or corporation except: (if none, state "NONE"). D _ r
14. I/We represent and warrant that the property is free and clear of all liens, taxes, encumbrances and
claims of every kind, nature and description whatsoever, including, but not necessarily limited to, mortgage
liens, mechanic's, materialman's, laborers or other statutory liens, judgement liens, writs of attachment and
Federal or State income tax or intangible property tax liens, except for the mortgage lien described in Paragraph
13 above, if any, and except for real estate and personal property taxes for the year
15. This affidavit is being made for the purpose of inducing none to make a mortgage loan on the property in
the amount of $n/a and to induce SOMERS TITLE COMPANY , as Title Agent for CHICAGO TITLE
INSURANCE OF FLORIDA to issue a Mortgage Title Insurance Policy on the property without the possibility
of (1) unified mechanic's liens and materialman's liens appearing; (2) unified leases appearing; and (3) persons,
other than the undersigned being in or claiming possession of the property, and with the knowledge that the said
Mortgagee, Title Agent and Title Company will rely upon the statements and representations herein made in
paying out the proceeds of such first/second mortgage loan at the closing thereof and/or issuing a Mortgagee
Title Insurance Policy.
TheCorpora '• •, a Florida corporation
, press
State of Florida
County of Pinellas
The foregoing instrument was sworn and acknowledged before me this 08/ .5 /2019, by: John C. Thomas,
President and CEO of The Cepcot Corporation who has produced a drivers license as identification and who
did take an oath.
SHARLA N NODE
Notary Public - State of Florida
Commission # GG 118337
My Comm. Expires Sep 23, 2021
tiondrd through National Notary Assn.
Notary Seal / Expiration date
) , `✓--
Notary Signature
SOMERS TITLE COMPANY
CLEARWATER OFFICE- ESCROW ACCOUNT
1290 COURT STREET
CLEARWATER, FLORIDA 33756
(727) 441-1088
PAY
REGIONS
63-466/631
**Three Thousand Seventy dollars & Ninety Five cents **
Pinellas County Tax Collector
TO THE
ORDER
OF
File No. 1902017C 701 Franklin St The Cepcot Corporation / CRA City of Clearwater
August 6, 2019
EM
VOID AFTER 90 DAYS
AUTHORIZED SIGNATURE
SOMERS TITLE COMPANY / CLEARWATER OFFICE- ESCROW ACCOUNT
2019 Real Estate Tax Cutoff
**$3,070.95
55835
3,070.95
Aug 6,2019 EM 701 Franklin St The Cepcot Corporation / CRA City of Clearwa
1902017C 15/29/15/54450/011/0010 3,070.95
SOMERS TITLE COMPANY / CLEARWATER OFFICE- ESCROW ACCOUNT
File No.: 1902017C Regions Bank - Clearwater - Acct Date: 8-2019 Check Dated: August 6, 2019
Reference: 701 Franklin St The Cepcot Corporation / CRA City of Clearwater 15/29/15/54450/011/0010
Payee: Pinellas County Tax Collector Operator / Control No: EM
Printer: HP p2055dn PCL (from WORKSTATION12) in session 9 on Aug 6,2019 at 08:38 AM
55835
507 2019 Real Estate Tax Cutoff 3,070.95
3,070.95
REORDER CHECKS: (800) 952-3484
Pinellas County Property Appraisers's Tax Form
'Parcel ID:
GRANTOR:
GRANTEE:
CONTACT:
AGENT:
Telephone #
Take:
Tax computation based on closing date of::
Taxable value of the property taken:
Special Non -Ad Valorem Assessment (if any):
Total Taxes:
Days in The Year (365/366):
Days In Private:
Prorated Taxes:
Please Send Escrow Check To:
5165.42
365
217
3070.95
PINELLAS COUNTY TAX COLLECTOR'S OFFICE
ATTN: TAX ADMIN DEPT
PO BOX 6340
Clearwater, FL 33758-6340
CHICAGO TITLE
INSURANCE COMPANY
File No.: 1902017c
AMERICAN LAND TITLE ASSOCIATION COMMITMENT FOR TITLE INSURANCE
Issued by
CHICAGO TITLE INSURANCE COMPANY
NOTICE
IMPORTANT—READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE
POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS
COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT.
THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, OPINION OF
TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE
INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE PROPRIETARY TO THE COMPANY, WERE
PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON,
INCLUDING A PROPOSED INSURED.
THE COMPANY'S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED IDENTIFIED
IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS NO
LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER PERSON.
COMMITMENT TO ISSUE POLICY
Subject to the Notice; Schedule B, Part I—Requirements; Schedule B, Part II—Exceptions; and the Commitment
Conditions, CHICAGO TITLE INSURANCE COMPANY, a Florida Corporation (the "Company"), commits to issue the
Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the
Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered
in Schedule A both the specified dollar amount as the Proposed Policy Amount and the name of the Proposed Insured.
If all of the Schedule B, Part I—Requirements have not been met within 6 months after the Commitment Date, this
Commitment terminates and the Company's liability and obligation end.
Issued th auah e Office 0
By:
Auth ized Officer o
Authorized Signatory — President
Ronald E. Somers
Somers Title Company
1290 Court St
Clearwater, FL 33756-5003 Attest:
Te1:727-441-1088
Fax:727-449-1359
By:
CHICAGO TITLE INSURANCE COMPANY
Pre7-41
Secretary
This page is only a part of a 2016 ALTA® Commitment for Title Insurance issued by CHICAGO TITLE INSURANCE COMPANY. This Commitment is
not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I—Requirements;
a n d Schedule 8, Part II—Exceptions.
74C165C09 74C165C09 ALTA Commitment For Title Insurance 08/01/2016 6 months_C165C_FL
Page 1 of 3
COMMITMENT CONDITIONS
1. DEFINITIONS
(a) "Knowledge" or "Known": Actual or imputed knowledge, but not constructive notice imparted by the Public
Records.
(b) "Land": The land described in Schedule A and affixed improvements that by law constitute real property. The term
"Land" does not include any property beyond the lines of the area described in Schedule A, nor any right, title,
interest, estate, or easement in abutting streets, roads, avenues, alleys, lanes, ways, or waterways, but this does
not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy.
(c) "Mortgage": A mortgage, deed of trust, or other security instrument, including one evidenced by electronic
means authorized by law.
(d) "Policy": Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be
issued by the Company pursuant to this Commitment.
(e) "Proposed Insured": Each person identified in Schedule A as the Proposed Insured of each Policy to be
issued pursuant to this Commitment.
"Proposed Policy Amount": Each dollar amount specified in Schedule A as the Proposed Policy Amount of
each Policy to be issued pursuant to this Commitment.
"Public Records": Records established under state statutes at the Commitment Date for the purpose of imparting
constructive notice of matters relating to real property to purchasers for value and without Knowledge.
(h) "Title": The estate or interest described in Schedule A.
2. If all of the Schedule B, Part I—Requirements have not been met within the time period specified in the
Commitment to Issue Policy, this Commitment terminates and the Company's liability and obligation end.
3. The Company's liability and obligation is limited by and this Commitment is not valid without:
(a) the Notice;
(b) the Commitment to Issue Policy;
(c) the Commitment Conditions;
(d) Schedule A;
(e) Schedule B, Part I—Requirements;
(f) Schedule B, Part II—Exceptions; and
(g) a counter -signature by the Company or its issuing agent that may be in electronic form.
4. COMPANY'S RIGHT TO AMEND
The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect,
lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any
liability of the Company is limited by Commitment Condition 5. The Company shall not be liable for any other
amendment to this Commitment.
5. LIMITATIONS OF LIABILITY
(a) The Company's liability under Commitment Condition 4 is limited to the Proposed Insured's actual expense incurred
in the interval between the Company's delivery to the Proposed Insured of the Commitment and the delivery of the
amended Commitment, resulting from the Proposed Insured's good faith reliance to:
(i) comply with the Schedule B, Part I—Requirements;
(ii) eliminate, with the Company's written consent, any Schedule B, Part II—Exceptions; or
(iii) acquire the Title or create the Mortgage covered by this Commitment.
(b) The Company shall not be liable under Commitment Condition 5(a) if the Proposed Insured requested the
amendment or had Knowledge of the matter and did not notify the Company about it in writing.
(c) The Company will only have liability under Commitment Condition 4 if the Proposed Insured would not have
incurred the expense had the Commitment included the added matter when the Commitment was first delivered
to the Proposed Insured.
(d) The Company's liability shall not exceed the lesser of the Proposed Insured's actual expense incurred in good
faith and described in Commitment Conditions 5(a)(i) through 5(a)(iii) or the Proposed Policy Amount.
(f)
(g)
74C165C09 74C165C09 ALTA Commitment For Title Insurance 08/01/2016 6 months_C165C_FL
Page 2 of 3
(e) The Company shall not be liable for the content of the Transaction Identification Data, if any.
(f) In no event shall the Company be obligated to issue the Policy referred to in this Commitment unless all of the
Schedule B, Part I— Requirements have been met to the satisfaction of the Company.
(g) In any event, the Company's liability is limited by the terms and provisions of the Policy.
6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT
(a) Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this
Commitment.
(b) Any claim must be based in contract and must be restricted solely to the terms and provisions of this
Commitment.
(c) Until the Policy is issued, this Commitment, as last revised, is the exclusive and entire agreement between the
parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations,
representations, and proposals of any kind, whether written or oral, express or implied, relating to the subject
matter of this Commitment.
(d) The deletion or modification of any Schedule B, Part II—Exception does not constitute an agreement or
obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy.
(e) Any amendment or endorsement to this Commitment must be in writing and authenticated by a person
authorized by the Company.
(f) When the Policy is issued, all liability and obligation under this Commitment will end and the Company's only
liability will be under the Policy.
7. IF THIS COMMITMENT HAS BEEN ISSUED BY AN ISSUING AGENT
The issuing agent is the Company's agent only for the limited purpose of issuing title insurance commitments and
policies. The issuing agent is not the Company's agent for the purpose of providing closing or settlement services.
8. PRO -FORMA POLICY
The Company may provide, at the request of a Proposed Insured, a pro -forma policy illustrating the coverage that
the Company may provide. A pro -forma policy neither reflects the status of Title at the time that the pro -forma
policy is delivered to a Proposed Insured, nor is it a commitment to insure.
74C165C09 74C165C09 ALTA Commitment For Title Insurance 08/01/2016 6 months_C165C_FL
Page 3 of 3
CHICAGO TITLE
INSURANCE COMPANY
Transaction Identification Data for reference only:
Issuing Agent: Somers Title Company
Issuing Office: 1290 Court Street, Clearwater, Florida 33756
ALTA Universal ID: 1035063
Loan ID Number:
Commitment Number: 1902017C
Issuing Office File Number: 1902017C
Property Address: 701 Franklin St, Clearwater, Florida 33756
Revision Number: 1
Schedule A
AMERICAN LAND TITLE ASSOCIATION COMMITMENT
1 Xi
1. Commitment Date: July 7 8:00 AM
2. Policy to be issue
A.L.T.A Owner's Policy
Proposed Insured:Community Redevelopment Agency of the City of Clearwater, Florida
Proposed Policy Amount: $525.000.00
(Additional policy/ies can be issued.)
A.L.T.A Loan Policy
Proposed Insured:
Proposed Policy Amount: $0.00
(Additional policy/ies can be issued.)
3. The estate or interest in the Land described or referred to in this Commitment is Fee Simple
4. Title to the estate or interest in the Land is at the Commitment Date vested in: The Cepcot Corporation, a Florida Corporation
5. The Land is described as follows:
Parcel Number 15/29/15/54450/011/0010
A part of Lots 1, 2, 9 and 10, Block "11", Magnolia Park, as recorded in Plat Book 3, Page 43 of the Public Records of Pinellas
County, Florida, described as follows:
From the Southwest corner of said Block "11", run thence East, 15.0 ft; thence run N 0 deg. 42'00"W, parallel with and 15.0 ft.
East of the East right of way line of East Avenue, 129.0 ft. for the Point of Beginning; thence continue N 0 deg. 42'00'W, along
said line, 185.40 ft. to the South right of way line of Franklin Street, also being the North line of said Block "11"; thence S 89 deg.
58'00" E, along said North line of Block "11", 63.68 ft.; thence S. 0 deg. 15'12"W, 185.16 ft.; thence S 89 deg. 49'30"W, 60.60 ft.
to the Point of Beginning.
Authorize
Signet
/IAA ' / / A
ry
This page is only a part of a 2016 ALTA Commitment for Title Insurance. This Commitment is not valid without the Notice; the
Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I — Requirements; and Schedule B, Part II —
Exceptions.
72C165B09 ALTA Commitment for Title Insurance 8-1-16 w- FL Mod
Page: 1 of 4
CHICAGO TITLE
INSURANCE COMPANY
Schedule B -I
AMERICAN LAND TITLE ASSOCIATION COMMITMENT
Requirements
All of the following Requirements must be met:
1. The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who
will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional
Requirements or Exceptions.
2. Pay the agreed amount for the estate or interest to be insured.
3. Pay the premiums, fees, and charges for the Policy to the Company.
4. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be
properly authorized,
executed, delivered, and recorded in the Public Records.
5. Valid photo identification (ie: Driver's license, Passport - MUST BE CURRENT), and social security numbers required of all
parties to the transaction by the Insuror.
6. Proof of good standing and corporate officers of The Cepcot Corporation from the secretary of state of Florida.
7. Resolution from The Cepcot Corporation, a Florida corporation, approving the sale of subject property.
8. Minutes from Community Redevelopment Agency of the City of Clearwater, Florida approving the purchase of subject
property.
9. Statutory Warranty Deed from The Cepcot Corporation, a Florida Corporation to Community Redevelopment Agency of the
City of Clearwater, Florida, a public body corporate and politic of the State of Florida conveying the property as described in
Schedule A of this Commitment.
This page is only a part of a 2016 ALTA Commitment for Title Insurance. This Commitment is not valid without the Notice; the
Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I — Requirements; and Schedule B, Part II —
Exceptions.
72C165B09 ALTA Commitment for Title Insurance 8-1-16 w- FL Mod
Page: 2 of 4
CHICAGO TITLE
INSURANCE COMPANY
Schedule B -II
AMERICAN LAND TITLE ASSOCIATION COMMITMENT
Exceptions
THIS COMMITMENT DOES NOT REPUBLISH ANY COVENANT, CONDITION, RESTRICTION, OR LIMITATION
CONTAINED IN ANY DOCUMENT REFERRED TO IN THIS COMMITMENT TO THE EXTENT THAT THE SPECIFIC
COVENANT, CONDITION, RESTRICTION, OR LIMITATION VIOLATES STATE OR FEDERAL LAW BASED ON
RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, HANDICAP, FAMILIAL STATUS,
OR NATIONAL ORIGIN.
The Policy will not insure against loss or damage resulting from the terms and provisions of any lease or easement
identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company:
1. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or
attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires for value of
record the estate or interest or mortgage thereon covered by this Commitment.
2. Taxes and assessments for the year 2019 and subsequent years, which are not yet due and payable. Parcel Number
15/29/15/54450/011/0010. Gross tax for 2018, $5,165.42. No exemptions
3. Standard Exceptions:
A. Easements, claims of easements, boundary line disputes, overlaps, encroachments or other matters not shown by
the public records which would be disclosed by an accurate survey of the land.
B. Rights or claims of parties in possession not shown by the public records.
C. Any lien, or right to a lien, for services, labor, or materials heretofore or hereafter furnished, imposed by law and
not shown by the public records.
D. Taxes or assessments which are not shown as existing liens in the public records.
4. Any claim that any portion of the insured land is sovereign lands of the State of Florida, including submerged, filled or
artificially exposed lands accreted to such land.
5. Any lien provided by Chapter 159, Florida Statutes, in favor of any city, town, village or port authority for unpaid service
charges for service by any water, sewer or gas system supplying the insured land.
6. Policy/Commitment does not insure against loss or damage arising as the result of unpaid charges for public utilities
furnished by any county, municipality or public service corporation which may be or may become a lien upon the land
insured hereby under any provision of the Florida Statutes, including Section 159.17 and/or any county, municipal or
special taxing district assessment, including those levied under the provisions of Chapter 190, Florida Statutes.
NOTE: The Company reserves the right to make further requirements and/or exceptions upon its review of the proposed
documents creating the estate or interest to be insured or otherwise ascertaining details of the transaction.
NOTE: If the proceeds of the loan to be secured by the insured mortgage are deposited with the Company or its authorized
agent, Item 1 above shall be deemed deleted as of the time such funds are disbursed to or for the account of the borrower.
Neither the Company nor its agent shall, however, be under any duty to disburse any sum except upon a determination
that no such adverse intervening matters have appeared of record or occurred.
This page is only a part of a 2016 ALTA Commitment for Title Insurance. This Commitment is not valid without the Notice; the
Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I — Requirements; and Schedule B, Part II —
Exceptions.
72C165B09 ALTA Commitment for Title Insurance 8-1-16 w- FL Mod
Page: 3 of 4
CHICAGO TITLE
INSURANCE COMPANY
7. Easements, reservations, restrictions and other matters shown or stated on plat recorded in Plat Book 3, page 43
of the Public Records of Pinellas County, Florida, but omitting any based on race, color, religion, sex, handicap, familial
status or national origin unless only to the extent that the covenant, condition or restriction (a) is exempt under Title 42 of
the United States Code, or (b) relates to handicap, but does not discriminate against handicapped persons.
8. Easement recited in O.R. Book 9333, Page 652 of the Public Records of Pinellas County, Florida.
9. Easement for ingress and egress as recited in Deed recorded in O.R. Book 9333, Page 669 of the Public Records
of Pinellas County, Florida and Partial Easement Termination and Release between Botanica Day Spa Company, a Florida
corporation to the City of Clearwater, recorded June 27, 2019 in O.R. Book 2486, Page 2489 of the Public Records of
Pinellas County, Florida.
This page is only a part of a 2016 ALTA Commitment for Title Insurance. This Commitment is not valid without the Notice; the
Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I — Requirements; and Schedule B, Part II —
Exceptions.
72C165B09 ALTA Commitment for Title Insurance 8-1-16 w- FL Mod
Page: 4 of 4