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CLEARWATER NEIGHBORHOOD HOUSING SERVICES INC (3)Return to: Frank Cornier, President & CEO Clearwater Neighborhood Housing Services, Inc. d/b/a Tampa Bay Neighborhood Housing Services, Inc. ("TBNHS") 608 North Garden Ave. Clearwater, Florida 33755 Parcel ID #: 10-29-15-51948-004-0040 SPECIAL WARRANTY DEED THIS DEED, made this /2) day of be --1/ , 2022, by and between the City of Clearwater, (the "Grantor"), a Florida municipal corporation whose' address is P.O. Box 4748, Clearwater, FL 33758-3683, and Clearwater Neighborhood Housing Services, Inc. d/b/a Tampa Bay Neighborhood Housing Services, Inc. (the "Grantee"), a Florida not for profit corporation whose address is 608 North Garden Ave., Clearwater, FL 33755. WITNESSETH: that the Grantor, for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, to it in hand paid by Grantee, the receipt and sufficiency of which is hereby acknowledged, subject to rights reserved by Grantor as described herein, has granted, bargained, sold, conveyed and confirmed unto the Grantee, and to its successors and assigns forever, all of the following piece, parcel, lot or tract of land, situate, Tying and being in the County of Pinellas and State of Florida, and described more particularly as follows, to wit: LINCOLN PLACE, BLOCK 4, LOT 4 AS RECORDED IN PLAT BOOK 3, PAGE 27, OF THE PUBLIC RECORDS OF PINELLAS, FLORIDA. The property must be used by Grantee for the sole purpose of constructing a single-family home to be sold to a household whose total household income does not exceed one hundred twenty percent (120%) of Area Median Income (AMI), adjusted for household size, as published by the United States Department of Housing and Urban Development for Pinellas County. Grantee agrees to commence construction of certain improvements on the Property within twelve (12) months of the date of this agreement. Grantee further agrees to complete construction of such improvements within eighteen (18) months of the date of the Agreement. The City retains the unilateral discretion to extend the above timeframes as it determines appropriate. If Grantee has not commenced and/or completed construction of these improvements within the timeframe(s) specified above, the property not in compliance with this requirement shall revert to Grantor. Grantee shall forthwith, upon the request of Grantor, reconvey the non-compliant property to Grantor via Special Warranty Deed. THIS DEED IS SUBJECT TO THE FOLLOWING: Applicable zoning restrictions and to easements, reservations, and restrictions of record, if any, which are not specifically reimposed or extended hereby, and to taxes for the year 2022 and subsequent years, if any. Signatures Appear on the Following Page [A04 -1313R /294942/1] TO HAVE AND TO HOLD the same together with all and singular, the appurtenances thereunto belonging or in anywise pertaining all estate, right, title, interest and claim whatsoever of said Grantor, either in law or in equity, to the only proper use and behoof of said Grantee, its successors and assigns, forever, and Grantor will defend the same against lawful claims of all persons whomsoever claiming by, through or under the Grantor but against no other. Approved as to form: Laura Mahony Assistant City Attorney [A04 -1313R /294942/1] THE CITY OF CLEARWATER, FLORIDA (GRANTOR) /C/4 -2411 -t -el Frank Hibbard, Mayor Attest: .(1.— 0 Rosemarie CaII City Clerk