HomeMy WebLinkAbout2017 190 Sebastian Blvd - CompoundHOME OF PEUCAN MAND
CERTIFICATE OF PROJECT COMPLETION
Date Accepted: 03/10/17
Project Name & #: Purchase Property — 190 Sebastian Blvd # A1718
Total Project Expenditures: $ 71,162.02
Project Location: 190 Sebastian Blvd., Sebastian, FL 32958
Contractor(s): Professional Title
Contract Amount(s): $ 71,162.02
Pursuant to the above captioned contract and in compliance of same, we the undersigned do hereby certify
that this project is complete.
Issuance of this certificate releases the contractor from any further responsibility as stipulated in the contract
as it relates to bond performance, payment of subcontractors, release of liens, maintenance and indemnity. All
contractual obligations as to warranty, insurance, indemnification and patents, shall remain in full effect for the
contractually stipulated period of time. In no way does the issuing of this certificate release the Contractor from
all legal obligations as stipulated in Chapter 713 of the Florida Statutes.
Therefore, having reviewed the contract and inspected the work, the undersigned to hereby accept the
segment as being complete.
Project Manager
NIA
Building Official (if applicable)
Cit lerk-
Date
uate
y-jn-I�
Date
PROFESSIONAL TITLE OF INDIAN RIVER, INC.
1546 N. U.S. Hwy. #1 • Sebastian, Florida 32958
PH: 772-589-3231- FX: 772-589-3233
Congratulations on your purchase! Enclosed please find copies of your
closing documents. Please keep these in a safe place as you may need them in the
future.
Your original Deed and Title Policy will come to you in approximately 8-10
weeks. If this is going to be your homestead property, you will file when you
receive those documents in the mail.
Due to the privacy acts, we are not able to provide copies of your
settlement statement to third parties, such as insurance companies, utility
providers, or any others who request it.
If we can be of assistance in the future, please do not hesitate to contact us.
Thank you,
r /
A. Settlement Statement
U.S. Department of Housing
and Urban Development ,r
OMB Approval No. 2502-0265
B.Type of Loan
II] FHA 2.0 FmHA 3.0 Conv. Unins.
4.O VA 5.0 Conv. Ins.
6. File Number
47999
7. Loan Number
8. Mongege lnsumnce Case Number
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 hem for informational purposes and are not included in the totals.
D. NAME OF BORROWER: City of Sebastian
ADDRESS OF BORROWER:
E. NAME OF SELLER: Ida L Offerding
ADDRESS OF SELLER:
F. NAME OF LENDER: cash transaction
ADDRESS OF LENDER:
G. PROPERTY 190 Sebastian Boulevard
LOCATION: Sebastian, FL 32958
H. SETTLEMENT AGENT: PROFESSIONAL TITLE OF INDIAN RIVER, INC.
1546N. US HIGHWAY #1, SEBASTIAN, FL 32958 (772) 589-3231
PLACE OF SETTLEMENT: 1546N. US HIGH WAY #l, SEBASTIAN, FL 32958
1. SETTLEMENT DATE: 3/1512017
J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION
10G.GROSS AMOUNT DUF. FROM BORROWER 400.ogossAmouNT DUE TO SELLER
10I.Contract sales price 70000.00 40I.Contract sales price 70-000.00
40
104, 404,
0
Ad'ustments for items paid by seller in advance - Adiustments for items psod by seller advance
107.County taxes to 407.Counlytam to
101I.Assessments to 1408.Assessments to
10
110, to 410. to
Ill, to 411- to
12. to 412, to
120AROSS AMOUNT DUE FROM BORROWER ' 71,365.00 420. GROSS AMOUNT DUE TO SELLER , 70,000.00
200.AMOIINTS PAID BY OR IN BEHALF OF BORROWER 500. REDUCTIONS M AMOUNT DUE TO SELLER
20 1. Deposit or earnest money 900000 501, Excess deposit see'
202.Prqncipal amount of new loan(s) 502, Settlement charges to seller(line 1400)
-
0 n taken
204, 504, Payoffof first mortgage loe
205. 505.Payoffofswond mortgage
206.P incl at amount ofnew loan(s)
207, 507,
208. 508,
9
209a 509a
209b 509h
Adjustments for items unpaid by seller Adjustments for items unpaid by seller
210.Citvttown taxes to 51O.City/lomttaxes to
o ataxes
212.Assessments to 512.Asscssmenta
213 to 513 to
214. to 514, to
215. to 515, to
216. to 516, to
217. to U7 to
218, to 1518. to
219. to 519. to
220.TOTALAMOUM'S PAID ' 220298 520.TOTAL REDUCTIONS IN
,'
BY OR IN BEHALF OF BORROWER AMOUNT DUE SELLER 202.98
300.CASH A'1' SE'FrLEMENT FRomrro BORROWER 600. CASH AT SETTLEMENT TONROM SELLER
301.Gross amount due from borrower line 120
71 365.00 601. Gross amount due to seller line 420 70 000.00
302.Less amounts aid b /For borrower line 220
2.202.98 602. Less reductions in amount due seller (line 20 202.98
303.CASH K From 0To BORROWER '
69,162.02 603.CASH ®To OFrom SELLER , 69,797.02
PAGE 1 HUD4 (3-96) RESPA, HS 4305.2
wow oi.o�. s..,.m,, r".. nwi rcrssa-r.wce.mm
U.S. DEPARTh1ENT OF HOUSING AND URBAN DEVELOPAG:NT
SETTLEh7ENTSTATEMENT PAGE
L. Settlement Cha es
700, TOTAL SALES/BROKER'S COM. based on price 70 000.00 ° =
Davosion of Commission (lone 700) as follows-
701, to
702, toSettlement
Paid From
Borrower's
Funds At
Paid From
Seller's
Funds At
Settlement
703, Commission paid at Settlement
704. to
800. Items Payable In Connection With Loan
801, Loan Or 2 nation Fee % to
802, Loan Discount % to
RAI A�
804, C it Report to
R05Lender's Inspect on Fee to
806, Mortealpt InsuranceApplocation Fee to
807, to
808, to
809, to
810, to
R12. to
813, to
814. to
815. to
900. Items Required By Lender To Be Paid In Advance
901, Interest firom 3115/2017 to 4/1/2017 (A /day
2. Mortgage Insurance Premium for months to
903. Hazand insurance Premium for YtRES to
904, years to
905, vests to
1000. Reserves Deposited With Lender
1001, Heard Fnsumnm nmmhuQ per month
02, Mortgage insurance monthsO. per month
1003. city IMM12CM lam months@ Der month
1004. County property taxes months69 per month
1005. Annual fissesmignta monthsa per month
006. months69 per month
1007, mumthug per month
1008months ermonth
1009.
1100. Title Charges
closing1101. Se lement or
Abstract or title search to Professional Thle/Land America
100.00
1103, Title examination to
1104, Title 'nsurance bonder to
1105. Document preparation to
1106. Notary fees to
1107- AttomEys fees to
(includes above items numbers -
1108, Title Insurance to
402.50
above1102.
items numbers,
9. Lender's coveragg, Risk Premium INS AMT
10. Owner's coveraitc- Risk Premium 402.50 UNSAMT: 70.000.00
Be111
lill, to
1112. to
1113. to
1200. Government Recording and Transfer Char es nc u es: Unity orTitle/DC S54.00
1201- Recordine I=- Deed 119,50- LMQuizaac(s) 'S-Mmlaaaeffl -Releases
72.50
1202. '
1203. State taxistamps, Deed $490,00, L-MMeazt(S) S-MQrteage(s)
490AQ
1204.
1205.
1300. Additional Settlement Charges
1301, Sun= to
1302. Pest Inspect6on to
1303, Roof Inspectmon to
13M to
05. to
1306. to
1307, to
1308. to
1309. to
1400. Total Settlement Charges (enteron lines 103, Section 3 and 502, SectionK)
1,365.00
CERTIFICATION DATE: 211]
1 have careful ly reviewed the 14UD - I Settlement Statement and to the best of my knowledge and belief, it is a (me and accurate statement of alAU'p and
disbursements made an my acc unI or by me in this transection. I further certify that 1 have received a copy of the HUD - I Settlement Statement.
Cityof8cbastien `ZD
L Bomawar 1 Seller
i%,1z iJ,//,/i-`ffJ °LOfferding
Bv: �, !/"" Borrower Seller
The HUD- i Settlement Statement -hi
h e prepared is a mu: and accurate account of this transaction. i have caused the funds to be disbursed in accord-
ance with this stemmumek� PROFESSIONALTI LE OF INDIAN RIVER, INC.
Settlement Agent 3/15/2017 Date
WARNING: It is a crime to knoy make false statements to the United States on this or any other similar fumt. Penalties upon conviction can include a
fine and imprisonment. For details sec: Titic 18 U.S. Code Section 1001 and Section 1010. 47999
A. Settlement Statement
U.S. Department of Housing
and Urban Development eir
OMB Approval No. 2502-0265
B. Typeof Loan
11] FHA 2.0 FmHA 3. 0 Conv. Unins.
4L7 VA 5.0 Conv. Ins.
6. File Number
47999
7. Loan Number
8. Mortgage Insurance Case Number
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 Sebastian
ADDRESS OF BORROWER:
E. NAME OF SELLER: Ida L Offerding
ADDRESS OF SELLER:
E NAME OF LENDER: cash transaction
ADDRESS OF LENDER:
G. PROPERTY 190 Sebastian Boulevard
LOCATION: Sebastian, FL 32958
H. SETTLEMENT AGENT. PROFESSIONAL TITLE OF INDIAN RIVER, INC.
1546 N. US HIGHWAY #1, SEBASTIAN, FL 32958 (772) 589-3231
PLACE OF SETTLEMENT: 1546 N. US HIGHWAY #1, SEBASTIAN, FL 32958
1. SETTLEMENT DATE: 1/1512017
J. SUMMARY OF BORROWER'S TRANSACTION K SUMMARY OF SELLER'S TRANSACTION
100.,ROSS AMOUNT DUE FROM B RROWF.R 400.GROSS AMOUNTD TO .ELLER
I OI.Comract sales price 70-000.00 40 I.Conmict anics price 70,000.00
e 00
104, 404,
105 405,
Adiustments
106.0ty/town taxes to 406.CiWown taxes to
107.Counly taxes to 407.County taxes to
10B.Assessments to 1408-Assmsments
109, to 9
110, to 0
Ill. to 411. to
112, to 412. to
120.GROSS AMOUNT DILE FROM BORROWER ' 71,365.00 420.GROSS AMOUNT DUE TO SELLER , 70,000.00
200.AMOUNTS PAID BY OR M BEHALF OF BORROWER 506. REDUCTIONS IN AMOUNT DUE TO SELLER
20 1. Deposit or ea a . Excass depositseeinstructions)
pal amount
203.Existing loan(s) a ub'e Existi a loan(s)talcen subAect to
204, 04. PavolTof fuSt mortgage loan
205, SOS.Payoffofsecondmloan
206.Principal amount f new loan(s) 506.
207, 0
208, 8.
209, 09
209a 5098
09
Adjustments for items unpaid by seller Adjustments for items unpaid by seller
21 O.CiWown taxes to .5 1 B.CiN/town taxes t
taxes21 LCounty
212.Ass"sments to 1512.Assessments to
213, to kil to
2
215, to 515. to
216. to 516. to
217. to 1
218, to 518. to
219. to 519. to
220.TOTALAMOUNTS PAID 2,202.98 520.TOTAL REDUCTIONS IN
BY OR M BEHALF OF BORROWER , AMOUNTDIIESELLER 202.98
300.CASH AT SETTLEMENT FROMITO BORROWER 600.CASH AT SETTLEMENT TO/FROM SELLER
301.Gross amount due from borrower line 120 71-161-10L1.Gmss amount due to seller line 420 70 000.00
302.Less amounts aid by/for borrower line 220 2,202. 602. Less reductions in amount due seller line 5201 202.98
303.CASH IKKI From [-]To BORROWER ' 69,162.02 603.CASH ®To 0 From SELLER' 69,797.02
PAGE 1 HU04 (3-86) RESPA, HB 4305.2
U.S. DEPARTMENT OF HOUSINGAND URBAN DEVELOPMENT
SETTLEMENT STATEMENT PAGE
L. Settlement Char es
700 T =
follows,Division of Commission (line 700) as
701, to
702, to
Paid From
Borrower's
Funds Al
Settlement
Paid From
Seller's
Funds At
Settlement
703, Commission Re d at Settlement
704. to
800. Items Payable In Connection With Loan
801, Loan Origination Fee % to
802, Loan Discount % to
803, Appraisal Fee to
804, Credit &port to
905 l.endceq Im;pactinn Fee to
806, Mortgage Insurance Application Fee to
807to
809, to
SM to
810, to
811, to
812, to
811 to
814, to
815. to
900. Items Required By Lender To Be Paid In Advance
901, Interest from 3/15/2017 to 41112012 A /day
902, e Insurance Premium
Insurance903, Harrard
0
905. vears to
1000. Reserves Deposited With Lender
1001, Hazard imumnce monflasta per month
1002, Mortgage i t
1003, City iampetlly taxes mmnft�@ per month
1005, Annual assessments months@ per month
1006, m,nthga per month
1007, months@ laar month
1008. months per month
1009.
1100. Title Charges
1101, Settlement fee to Professional Title
300.00
1102, Abstract or title search to Professional Titic&and America
looko
1103, Title examination to
1104, Thic insurance binder to
1105, Document preparation to
1106, Nattily fees to
1107, Attorney's
above items numbers,
I 108, 'ritle insurance to
402.50
(includes 6 numbers,
1109 Lendees coverage- Risk Prenthun INS AMT.
I I 10. Owner's covemae- Risk Premium 402.50 INS AMT: 70-000.00
1112. to
1113. to
1200. Government RecordinE and Transfer Charges --Includes: Unity ofThl-111C 1994
120 1. Re ordm e Fees- Deed $18.50, L-Mortgatte(s) - S-Mortgoare(q) Rel cases
7150
1203, State tax/stamps Deed $490.00- LIviortmunt(s) S-Mortuagel's)
490.00
1204.
1205.
1300. Additional Settlement Charges
1301,S,tvay to
1302, Pest Inspection to
1303, Roof Inspection to
1304, to
1305, 0
1306 to
1307, to
1308. to
1309. to
1400. Total Settlement Charges (enter on lines 103, Section 1 and 502, SectionK)
1,365.00
CERTIFICATION DATE qq/15e(2t017
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 ofalfrec2ip[s and
disbursements made an m account or by me in this transaction. I further certify that I It ve received a copy of the HUD - 1 Settlement Statement.
City of Sebastian '
r
L'-" BorrowerIJAA�� Seller
�q J(-.� Idal.Ofierding
Borrower
Seller
The HUD -1 SeNement Statement w ig have pre aced is a tme and accurate account of this transaction. I have caused the funds to be disbursed in accord-
ancewithlhis meemneent. I PROFFSSIONALTITLEOF INDIANRIVER INC.
Settlement Agent 4/15/2017 Date
WARNING: It is a crime to kn mgtyy make false statements to the United States on this or any other similar form. Penalties upon conviction can include a
fine and imprisonment. For details see:'fltle IS U.S. Code Section 1001 and Section 1010. 47999
A. Settlement Statement U.S. Department of Housing
and Urban Development r
OMB Approvel No. 2502-0265
D. a of Loan
IE FHA 2.0 FmIIA 3.❑Conv. Unins.
40 VA 5.0 Conv. Ins.
6. File Number
47999
7. Loan Number _FW
Case Number
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 tonus.
D. NAME OF BORROWER: City of Sebastian
ADDRESS OF BORROWER:
E. NAME OF SELLER: Ida L Offerding
ADDRESS OF SELLER:
F. NAME OF LENDER: cash transaction
ADDRESS OF LENDER:
G. PROPERTY 190 Sebastian Boulevard
LOCATION: Sebastian, FL 32958
R. SETTLEMENT AGENT: PROFESSIONAL TITLE OF INDIAN RIVER, INC.
1546 N. US HIGHWAY #1, SEBASTIAN, FL32958 (772) 589-3231
PLACE OF SETTLEMENT: 1546 N. US HIGHWAY #1, SEBASTIAN, FL 32958
1. SETTLEMENT DATE:
J. SUMMARY OF BORROWER'S TRANSACTION K. SUMMARY OF SELLER'S TRANSACTION
100. ROSS AMOUNT DUE FROM R WER 400.GROSS AMOUN"I'lu IE TO SELLER
I 0I.Contract 581cs prim 70-000.00 401 Contract sales price 70,000.00
103. Sculgancrn characs to borrower (line 1400) 1 365.00 403,
104, 404,
105, 405,
Adiustments for items paid by seller in advance - Adjustments for paid by seller advance
A6.Cityhown taxes to 406.0ty/town taxes to
107.County taxes to 407.County taxes to
108.Assessments to 140S.Assessments
109, to 140CL 0
110, to 410, to
Ill, to 411, to
112, to 412 o
120.GROSS AMOUNT DUE FROM BORROWER 71,365.00 420. GROSS AMOUNT DUE TO SELLER , 70,000,00
200.AMOUNTS PAID BY OR M BEHALF OF BORROWER 500. REDUCTIONS IN AMOUNT DUE TO SELLER
money201.Depo5it or earnest deinstructions)
503. Existina: loan(s) taken subiect to
203.Existing Ittan(s) taken subiect to
-
204, 504. Payoff'offint mortgam loan
205, 505. I'Mil[ofsecond mortgage loan
ci fn 06
207, 507.
208, 508,
209, 509,
209a 509a
209b 5091b
Adjustments for items unpaid by seller Adjustments for items unpaid by seller
210.Cityltown taxes t510.CityAom taxes to
21 n o 3/1512017 202.98
211,Assessments to 512.Assessments
211, to 513, to
2144 to 5144 to
215, to 515, to
2164 to 516, to
117 to 517. to
218. to 518, o
219. to 519. to
220.TOTALAMOUNTS PAID , 220298 520.TOTAL REDUCTIONS IN
M ,. , 202.98
BY OR BEHALF OF BORROWER AMOUNT DUE SELLER
300.CASH AT SETTLEMENT FROM/rO BORROWER 600. CASH AT SETTLEMENT TORROM SELLER
301.Gross amount due from borrower line 120
71 365.00 601. Gross amount due to seller line 420 7000000
02.Less amounts aid b /for borrower line 220
2 202.98 602.Less reductions in amount due seller line 52011 202.98
303.CASH RI From 0T BORROWER '
69,162.02 603.CASH ®To ❑ From SELLER' 69,797,02
PAGE 1 HUD-] (3-86) RESPA, HB 4305.2
o:m� oew.v srn.m,. r... owno-ues-w..c...mw
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
SETTLEMENT STATEMENT PAGE
L. Settlement Charges
h e pr ared is a free and accurate account of this transaction. I have caused the funds to be disbursed in accord-
ance with this statement.
based700. TOTAL SALESfBROKERIS COM, -
Division of Commission (fine 700) as fiellowc
701, to
02
Paid From
Borrowers
Funds At
Settlement
Paid From
Seller's
Funds At
Settlement
7036 Commission
704. to
800. Items Payable In Connection With Loan
801, Loan Oriaination Fee % to
8026 Loan D o to
803, Appraisal Fee to
804. Codit Rcpait to
805 [,entices Inspection Fee to
806, Morrean Insurance Application Fee to
807, to
809, to
809, to
RIO, to
812, to
R11 to
914to
815 to
900. Items Required By Lender To Be Paid In Advance
901, Interest
9026 ae Insurance Premium for months to
903, d Insurance Ergmium for YCars to
904, yCars to
905. years to
1000. Reserves Deposited With Lender
100 1. Haard insurance months6D per month
1002. Mortgage in5uranct monthsQ per month
1003, City p=erty taxes monthsQ per month
1004. County pmperly lams month -0 per month
1005, Annual assessments monthsQ per month
1006, per month
1007, months@ per month
1008. months er month
1009.
1100. Title Char es
110 1. mer Qr ciltsing Lee to Pfoklisional Title
300.00
1102. Abstract or title search to Professional Title/tand Amermca
1103. Title examanation to
1104.Title insurance binder to
1105, Document lImparation to
1106, Notary fees to
1107. Attorney's fees to
(includes above items numbem
1111& Titic insurance to
0
(includes above items numbers,
1109. Lender's coverage, Risk Premium ENS AMT.
111O.Owneescovergae-RisRPremaurn 402.50 TNSAMI, 70,000.00
jlllto
1112. to
1113. to
1200. Government Recording and Transfer Charges --includes: Unity of THI-1111'
1203. State tax/stamps- Deed S490,00- 1,1vioditagg(s) 9-Mortura2e(sl
490.00
1204.
1205.
1300. Additional Settlement Charges
1301.Su to
1302. Past Inspection to
1303. Roof lnspmt'nn to
1304. to
1305. to
1306, to
1307, to
1 308. to
1309. to
1400. Total Settlement Charges (enter on lines 103, Section J and 502. SectionK)
1,365.00
CERTIFICATION DATE:115%17
1 have carefully reviewed the HUD -I Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of al l recel and
disbursements made on my account or by mein this transaction. 1 further renify that I h ve received a copy of the HUD -I Settlement Statement.
City OLS
o '
Bv' �/ �" Borrower 401r - Seller
i. J /r Grimm IdaLORerding
Borrower
Seller
The HUD -1 Senlemen[ Statement which I
h e pr ared is a free and accurate account of this transaction. I have caused the funds to be disbursed in accord-
ance with this statement.
PROFESSIONALTITLE OF INDIAN RIVER, INC.
WARNING: It is a crime to knowing)
Settlement Aggent11S� Date
kc false italements to the United States on this or any other similar form. Penalties upon conviction can include a
fine and imprisonment. For details we: IIIc 18 U.S. Coda Section 1001 and Section 1010. 47999
P- 47999
Survey Waiver and "As -Is" Affidavit
Date: I
Legal Description:
From the N.E. comer of the N.W. 1/4 of Section 7, Township 31 South, Range 39, East, run West along the North
boundary of said Section 7, a distance of 300.4 feet to the Point of Beginning; thence run South 146.55 feet to the
center line of State Road 512; thence run Southwesterly along the center line of said State Road 512 a distance of 90
feet; thence run Northwesterly to a point on the North line of said Section 7, which point is 113 feet West of Point of
Beginning; thence run East on the North line of said Section 7, to the Point of Beginning. Said land lying and being
in Indian River County, Florida. Less Right of Way for State Road #512.
Survey Waiver:
I(we) the undersigned purchasers of the above described property, hereby certify that I (we) have waived the survey
on the property. If the survey requirement is not waived, purchaser must order, at his/her expense, unless otherwise
stipulated, survey within the time allowed in accordance with the contract and deliver same to Professional Title of
Indian River, Inc, prior to closing. Survey must have Surveyor's Seal, dated within 90 days of closing, and Certified
to: Professional Title of Indian River, Inc. and the purchasers lender, if applicable.
City of Sebastian
B 1>4 ? (Seal)
VA
"AS -IS" Affidavit:
(Corporate Seal)
I (we) the undersigned purchasers of the above described property hereby certify that we accept the above described
property in "as -is" condition.
City of Sebastian
Bj. r (Seal)
VA
(Corporate Seal)
My Commission Expires: / /
File Number P-47999 Correction Agreement
Re:From the N.E. comer of the N.W. 1/4 of Section 7, Township 31 South, Range 39, East, run West along the
North boundary of said Section 7, a distance of 300.4 feet to the Point of Beginning; thence run South 146.55 feet to
the center line of State Road 512; thence run Southwesterly along the center line of said State Road 512 a distance of
90 feet; thence run Northwesterly to a point on the North line of said Section 7, which point is 113 feet West of Point
of Beginning; thence run East on the North line of said Section 7, to the Point of Beginning. Said land lying and
being in Indian River County, Florida. Less Right of Way for State Road #512.
AGREEMENT TO CORRECT MISSTATED OR PROVIDE ADDITIONAL DOCUMENTATION OR FEES: In
consideration of Professional Title of Indian River Inc., closing the property, and upon good cause for any loss,
misplacement, or inaccuracy in any closing documentation, the below signor agrees as follows: If any document is
lost, misplaces, misstates or inaccurately reflects the true and correct terms and conditions of the closing, upon
request of the title company, the below signor will comply with title companies request to execute, acknowledge,
initial and deliver to Title Company any documentation Title Company deems necessary to replace or correct the
lost, misplaces, misstated or inaccurate documents. The below signor also agrees that upon request he/she will supply
additional amounts and/or pay to Title Company any additional sum previously disclosed to him/her as a cost or fee
associated with the closing, which for whatever reason was not collected at closing.
REQUEST BY TITLE COMPANY: Any request under this agreement may be made by the Title Company,
including assignees and persons acting on behalf of the Title Company or Settlement Agent, and shall be prima facie
evidence of the necessity for same.
SIGNOR'S LIABILITY: If signor fails or refuses to execute, acknowledge, initial and deliver the information or
provide any additional documents or fees to Title Company more then ten (10) days after being requested to do so by
Title Company, and understanding the Title Company is relying on these representations, signor agrees to be liable
for any and all loss or damage which Title Company reasonably sustains thereby, including, but not limited to all
reasonable attorney's fees and costs incurred by Title Company.
This agreement shall survive the closing, and inure to the benefit of Title Company successors and assigns and be
binding upon the heirs, devisees, personal representatives, successors and assigns of signor.
City of Sebastian
B `/�L�—� (Seal)
N
(Corporate Seal)
STATE OF
COUNTY OF
The foregoing instrument was acknowledged before me this 161ay of/6/,'- by
City of Sebastian
who is personally known to me or who has produced his Driver's License as 'dn ifrcatiou
Printed Na ll//
Notary Public
DECLARATION OF UNITY OF TITLE
CITY OF SEBASTIAN
WHEREAS, the undersigned is the fee simple owner (s) of the following described property situate
in Indian River County, Florida;
See attached Exhibit 1
And;
See attached Exhibit, 2
WHEREAS, the undersigned has made application for issuance of a development order affecting
the above described parcels, and
WHEREAS, the parcels meet the requirements for issuance of such development order only if the
parcels are held as a single parcel of land,
NOW, THEREFORE, the undersigned, in consideration of the issuance of said development order
by the City of Sebastian, Indian River County, Florida, covenants that the above-described parcels of land
will be held in common ownership as a single parcel of land and will not be subdivided. Any conveyance,
encumbrance, or lease of less than all of the above-described parcels (but not including a conveyance of an
undivided interest, remainder interest, life estate, or estate for years in the entire parcels or the grant of a
public -utility or drainage easement over a portion of the parcel) without the recorded written consent of the
City of Sebastian shall be a violation of this covenant and may result in the property being in violation of the
ordinances of the City of Sebastian, and such violation shall not be allowed to continue pursuant to Article
VIII of the Land Development Code. This restrictive covenant shall run with the land and shall be binding
on the undersigned's successors in title.
Witness the hand and seal of the undersigned, thisG� (// day o —
Sign d t o presence:
SignatuA of Witness
Print - Name:
Signature of Witness
Printed Name:
Signature of Witness
Printed Name:
Signature of Witness
Printed Name:
Signature o Applicant /J
Printed Name: l,� t/
Signature of Applicant
Printed Name:
STATE OF FLORIDA
COUNTY OF INDIAN RIVER
The forgoing instrument was acknowledged before me this
, who is personally known to me or I
(identification).
day of 20_, by
IC
My com.on num
ber:
My co on
expires:.
JOINDER BY MORTGAGEE
The undersigned, as the owner and holder of a mortgage on one or more of the above described
parcels, hereby joins in this declaration for the purposes expressed therein.
Signed in our presence:
Signature of Witness
Printed Name:
Signature of Witness
Printed Name:
STATE OF FLORIDA
COUNTY OF INDIAN RIVER
Mortgagee
Signature
Printed N
The forgoing instrument was acknowledged before me this _ day of 20� by
, as (title) for
(corporation) who is personally known to me or produced (identification).
NOTARY PUBLIC
My commission number:
My commission expires:
Full Legal Description for Parcel 3139O7O00003000O0O06.O
Parcel: 31390700000300000006.0
1 Full Legal Description
Page I of 1
FR N E COR OF N W I/4, RUN W ALONG N BDRY 3
00.4 FT TO POB: S 146.55 FT TO CL OF ST RD 512; S W LY 90 FT
; NWLY TO PT WHICH IS
113 FT W OF POB: RUN E ALONG N LINE SEC
7 TO POB AS R BK 88 PP 60 LESS RD R/W (OR BK 428 PP 330)
A, /,
ru int I close
-11< 7``
190 SZ
http://www.ircpa.org/Tools/FuilLegal.aspx?ParceUD=31390700000300000006.0 2/23/2017
Full Legal Description for Parcel 31390600000500000024.0
Parcel: 31390600000500000024.0
1 Full Legal Description
Page 1 of 1
7.5 A IN SW 1/4, D BK 3, PP 279 LESS E 28
85 FT OF S433 FT TFICREOF & LESS N 267,25 FT AS MEASURED A
LONG RR R/W AS PER OR
BK 708 PP 819
rint I close
�uG�G % /✓ 71-- Z_
http://www.irepa.org/Tools/Fuil Legal.aspx?ParcellD=31390600000500000024.0
2/23/2017
This Document Prepared By and Return to:
Professional Title of Indian River, Inc
1546 North US Highway 1
Sebastian, FL 32958
P r/-79Ff
QO Parcel ID Number: 31-39-07-00000-3000-00006/0
_1_1
3120170013672
JF ? EDY RD IN THE puBUC RECORDS OF
SMITH, CLERK OF COURT
INS . RIVER COUNTY Fl -
SK: .
LSK:. 307 PG: 2281 Page 1 of 1 3/152017 10:42 AM
D DOCTAX PD 5490.00
Warranty Deed
This Indenture, Made this 5 day of March 2017 A.D., Between
Ida L. Offerding
of the County of LOS Angeles , State of CA , grantor, and
City of Sebastian
whose address is: 1225 Main Street, Sebastian, Fl. 32958
of the Countyof Indian River , State of Florida , grantee.
Witnesseth that the GRANTOR, for and in consideration of the sum of
------------------------TEN DOLLARS ($10) -----------------------DOLLARS,
and other good and valuable consideration to GRANTOR in hand paid by GRANTEE, the receipt whereof is hereby acknowledged, has
granted, bargained and sold to the said GRANTEE and GRANTEE'S heirs, successors and assigns forever, the following described land,
situate, lying and being in the County of Indian River State of Florida to wit:
From the N.E. corner of the N.W. 1/4 of Section 7, Township 31 South,
Range 39, East, run West along the North boundary of said Section 7, a
distance of 300.4 feet to the Point of Beginning; thence run South
146.55 feet to the center line of State Road 512; thence run
Southwesterly along the center line of said State Road 512 a distance of
90 feet; thence run Northwesterly to a point on the North line of said
Section 7, which point is 113 feet West of Point of Beginning; thence
run East on the North line of said Section 7, to the Point of Beginning.
Said land lying and being in Indian River County, Florida. Less Right of
Way for State Road #512.
Grantor(s) further warrant that the above described property is not their homestead.
Grantor(s) further warrant that the marriage of Edward R. Offerding and Ida L.
Offerding was continuous and uninterrupted from September 17, 1981 through and
including May 15, 2016 date of his death.
Subject to all valid restrictions, reservations, easements and zoning of record.
and the grantor does hereby fully warrant the title to said land, and will defend the same against lawful claims of all persons whomsoever.
In Witness Whereof, the grantor has hereunto set her hand and seal the day and year first above written.
Signed, sealed and delivered in our presence:
41(Seal)
Printed Name: da Off ding
Witness _ P.o. Address: 4651 Wes A M-6, tz Hill, CA
93536
Printed Name: ('httT�hrwn NYiEn
Witness
STATE OF CaIi(Of 11G
COUNTY OF �0 J
The foregoing instrument was acknowledged before me this 5i' day of M aY�h r ZC�� by
Ida L Offerding who is personally known to me or who has produc1='
a License as identification.
Printed Name: lAwisfa {}Illi wom
PATRICIAANNW00D Notary Public
Notary Public
Angeles
California
My Commission Expires:01 / �l� /2021
Los Mgekt County
Commission a 2179688
My Comm. Expires lan 14, 2821
47999
PROFESSIONAL TITLE OF INDIAN RIVER, INC.
1546 N. U.S. Hwy. #1 • Sebastian, Florida 32958
PH: 772-589-3231- FX: 772-589-3233
April 3, 2017
City of Sebastian
1225 Main Street
Sebastian, FL 32958
Re: Purchase of 190 Sebastian Blvd., Sebastian, FL
Our File No. P- 47999
Dear Customer:
Enclosed please find the following items regarding the above described property you purchased:
1. Original recorded Warranty Deed (X )
2. Owners Title Insurance Policy (X )
3. Copy of recorded Mortgage ( )
4. ( )
Please note that the insurance policy is for the present purchase price. If you increase the value of your
property by construction, you must endorse the title policy to reflect the total value of the home.
Be advised that if upon construction you neglect to insure the property for the value of the construction,
you will only be reimbursed the dollar amount of this policy and not your total investment, in the event
of a title loss.
If upon construction you bring in the enclosed policy, we will be able to give you a discount on your
future endorsements or transactions. Please keep this recorded deed and title policy in a safe place
along with your other valuable documents. If this is your primary residence, please do not forget to file
for Homestead Exemption or any other exemptions you may be eligible for.
It has been a pleasure being of service to you and we look forward to being able to meet your future
title needs.
Sincerely,
If you want information about coverage or need assistance to resolve complaints, please call our toll free number: 1-800-729-1902.
If you make a claim under your policy, you must furnish written notice in accordance with Section 3 of the Conditions and Stipulations.
Visit our Wodd-Wide Web site at http://www.stewart.com
ALTA OWNER'S POLICY (6/17/06) WITH FLORIDA MODIFICATIONS
OWNER'S POLICY OF TITLE INSURANCE
ISSUED BY
STEWART TITLE GUARANTY COMPANY
Any notice of claim and any other notice or statement in writing required to be given to the Company under this Policy must be given
to the Company at the address shown in Section 16 of the Conditions.
COVERED RISKS
SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B, AND THE
CONDITIONS, STEWART TITLE GUARANTY COMPANY, a Texas corporation (the "Company") Insures, as of Date of Policy, against loss or
damage, not exceeding the Amount of Insurance, sustained or incurred by the Insured by reason of:
1. Title being vested other than as stated in Schedule A.
2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from
(a) A defect in the Title caused by
(i) forgery, fraud, undue influence, duress, incompetency, incapacity, or impersonation;
(ii) failure of any person or Entity to have authorized a transfer or conveyance;
(iii) a document affecting Title not properly created, executed, witnessed, sealed, acknowledged, notarized, or delivered;
(iv) failure to perform those acts necessary to create a document by electronic means authorized by law;
(v) a document executed under a falsified, expired, or otherwise Invalid power of attorney;
(vi) a document not properly filed, recorded, or Indexed in the Public Records including failure to perform those acts by electronic
means authorized by law; or
(vii) a defective judicial or administrative proceeding.
(b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid.
(c) Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be -disclosed
by an accurate and complete land survey of the Land. The term "encroachment" includes encroachments of existing
improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements
located on adjoining land.
(Continued on Back)
IN WITNESS WHEREOF, Stewart Title Guaranty Company has caused this policy to be signed and sealed by its duly authorized officers as of
the Date of Policy shown in Schedule A.
Countersigned by:
Authorized
prolqualane tie o1 Indlen River, Inc.
Company 1548 N us
SebesUan, FL 32958
City, State
stewart-
title guaranty company
Copyright 2006.2009 American Land Tide Association. All rights reserved.
The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use.
All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA OWNER'S POLICY (6/17/06) WITH FLORIDA MODIFICATIONS
Policy
Serial No. LL 0-2281 82217
Matt Moms
President and CEO
Denise C rraux
Secretary
AMERICAN
LAND TITLE
ASSOCIATION
COVERED RISKS - Continued
3. Unmarketable Title.
4. No right of access to and from the Land.
5. The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating,
prohibiting, or relating to
(a) the occupancy, use, or enjoyment of the Land;
(b) the character, dimensions, or location of any improvement erected on the Land;
(c) the subdivision of land: or
(d) environmental protection
if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to enforce, but only to the extent of the
violation or enforcement referred to in that notice.
6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforcement action, describing
any part of the Land, is recorded in the Public Records, but only to the extent of the enforcement referred to in that notice.
7. The exercise of the rights of eminent domain if a notice of the exercise, describing any part of the Land, is recorded in the Public Records.
B. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge.
9. Title being vested other than as stated in Schedule A or being defective
(a) as a result of the avoidance in whole or in part, or from a court order providing an alternative remedy, of a transfer of all or any part of the title to or any
interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential
transfer under federal bankruptcy, state insolvency, or similar creditors' rights laws; or
(b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy, state insolvency, or
similar creditors' rights laws by reason of the failure of its recording in the Public Records
(i) to be timely, or
(i) to impart notice of its existence to a purchaser for value or to a judgment or lien creditor.
10. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has been created or attached or has been filed or
recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that
vests Title as shown in Schedule A.
The Company will also pay the costs, attorneys' fees, and expenses incurred in defense of any matter insured against by this Policy, but only to the extent provided
in the Conditions.
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
that arise by reason of:
1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to
(i) the occupancy, use, or enjoyment of the Land;
(i) the character, dimensions, or location of any improvement erected on the Land;
(iii) the subdivision of land; or
(iv) environmental protection;
or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided
under Covered Risk 5.
(b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6.
2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.
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 created subsequent to Date of Policy; or
(e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title.
Copyright 2006-2009 American Land Title Association. All rights reserved.
The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use.
All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA OWNER'S POLICY (6/17/06) WITH FLORIDA MODIFICATIONS
Page 2
AMERICAN
LAND TITLE
ASSOCIATION
lk-
EXCLUSIONS FROM COVERAGE - Continued
4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting the Title as shown in
Schedule A, Is
(a) a fraudulent conveyance or fraudulent transfer; or
(b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy.
5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of
recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A.
CONDITIONS
1. DEFINITION OF TERMS
The following terms when used in this policy mean:
(a) "Amount of Insurance": The amount stated in Schedule A, as may be
increased or decreased by endorsement to this policy, increased by
Section 8(b), or decreased by Sections 10 and 11 of these Conditions.
(b) "Date of Policy": The date designated as"Date of Policy" in Schedule A.
(c) "Entity": A corporation, partnership, trust, limited liability company, or
other similar legal entity.
(d) "Insured": The Insured named in Schedule A.
(i) The term "Insured" also includes
(A) successors to the Title of the Insured by operation of law
as distinguished from purchase, including heirs, devisees,
survivors, personal representatives, or next of kin;
(B) successors to an Insured by dissolution, merger,
consolidation, distribution, or reorganization;
(C) successors to an Insured by its conversion to another kind
of Entity;
(D) a grantee of an Insured under a deed delivered without
payment of actual valuable consideration conveying the
Title
(1) if the stock, shares, memberships, or other equity
interests of the grantee are wholly-owned by the named
Insured,
(2) if the grantee wholly owns the named Insured,
(3) if the grantee is wholly-owned by an affiliated Entity
of the named Insured, provided the affiliated Entity and
the named Insured are both wholly-owned by the same
person or Entity, or
(4) If the grantee is a trustee or beneficiary of a trust
created by a written instrument established by the
Insured named in Schedule A for estate planning
purposes.
(ii) With regard to (A), (B), (C), and (D) reserving, however, all rights
and defenses as to any successor that the Company would have
had against any predecessor Insured.
(e) "Insured Claimant": An Insured claiming loss or damage.
(f) "Knowledge" or "Known": Actual knowledge, not constructive
knowledge or notice that may be imputed to an Insured by reason of
the Public Records orany other records that impart constructive notice
of matters affecting the Title.
(g) "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 insured
by this policy.
(h) "Mortgage": Mortgage, deed of trust, trust deed, or other security
instrument, including one evidenced by electronic means authorized
by law.
(i) "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 forvalue and without Knowledge.
With respect to Covered Risk 5(d), "Public Records" shall also include
environmental protection liens filed in the records of the clerk of the
United States District Court for the district where the Land is located.
(j) "Title": The estate or interest described in Schedule A.
(k) "Unmarketable Title": Title affected by an alleged or apparent matter
that would permit a prospective purchaser or lessee of the Title or
lender on the Title to be released from the obligation to purchase, lease,
or lend if there is a contractual condition requiring the delivery of
marketable title.
2. CONTINUATION OF INSURANCE
The coverage of this policy shall continue in force as of Date of Policy in
favor of an Insured, but only so long as the Insured retains an estate
or interest in the Land, or holds an obligation 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 warranties in any transfer or
conveyance of the Title. This policy shall not continue in force in favor of
any purchaser from the Insured of either () an estate or interest in the
Land, or (ii) an obligation 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 5(a) of these Conditions, (ji) in case
Knowledge shall come to an Insured hereunder of any claim of title or interest
that is adverse to the Title, as insured, and that might cause loss or damage
for which the Company may be liable by virtue of this policy, or (iii) if the
Title, as insured, is rejected as Unmarketable Title. If the Company is
prejudiced by the failure of the Insured Claimant to provide prompt notice,
the Company's liability to the Insured Claimant under the policy shall be
reduced to the extent of the prejudice.
4. PROOF OF LOSS
In the event the Company is unable to determine the amount of loss or
damage, the Company may, at its option, require as a condition of payment
that the Insured Claimant furnish a signed proof of loss. The proof of loss
must describe the defect, lien, encumbrance, or other matter insured against
by this policy that 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.
5. DEFENSE AND PROSECUTION OF ACTIONS
(a) Upon written request by the Insured, and subject to the options
contained in Section 7 of these Conditions, the Company, at its own
Copyright 2006-2008 American Land Title Association. All rights reserved.
The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use.
All other uses are prohibited. Reprinted under license from the American Land Title Association.
ALTA OWNER'S POLICY (6/17/06) WITH FLORIDA MODIFICATIONS
Page 3
AMERICAN
LAND TITLE
ASSOCIATION
CONDITIONS - Continued
'cost and without unreasonable delay, shall provide for the defense
terminate any liability of the Company under this policy as to that
of an Insured in litigation in which any third party asserts a claim
claim.
covered by this policy adverseto the Insured. This obligation is limited 7
to only those stated causes of action alleging matters insured against
OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION
by this policy. The Company shall have the right to select counsel of
OF LIABILITY
its choice (subject to the right of the Insured to object for reasonable
In case of a claim under this policy, the Company shall have the following
cause) to represent the Insured as to those stated causes of action. It
additional options:
shall not be liable for and will not pay the fees of any other counsel.
The Company will not pay any fees, costs, or expenses incurred by the
(a) To Pay or Tender Payment of the Amount of Insurance.
Insured in the defense of those causes of action that allege matters
To pay or tender payment of the Amount of Insurance underthis policy
not insured against by this policy.
together with any costs, attorneys' fees, and expenses incurred by
(b) The Company shall have the right, in addition to the options contained
the Insured Claimant that were authorized by the Company up to the
in Section 7 of these Conditions, at Its own cost, to institute and
time of payment or tender of payment and that the Company is
prosecute any action or proceeding or to do any other act that in Its
obligated to pay.
opinion may be necessary or desirable to establish the Title, as insured,
Upon the exercise by the Company of this option, all liability and
or to prevent or reduce loss or damage to the Insured. The Company
obligations of the Company to the Insured under this policy, other than
may take any appropriate action underthe terms of this policy, whether
to make the payment required in this subsection, shall terminate,
or not it shall be liable to the Insured. The exercise of these rights
including any liability or obligation to defend, prosecute, or continue
shall not be an admission of liability or waiver of any provision of this
any litigation.
policy. If the Company exercises its rights under this subsection, it
must do so diligently.
(b) To Pay or Otherwise Settle With Parties Other Than the Insured or
With the Insured Claimant.
(c) Whenever the Company brings an action or asserts a defense as
required or permitted by this policy, the Company may pursue the
n to pay or otherwise settle with other parties for or in the name
litigation to a final determination by a court of competent jurisdiction,
of an Insured Claimant any claim insured against under thispolicy.
and it expressly reserves the right, in its sole discretion, to appeal any
In addition, the Company will pay any costs, attorneys'
adverse Judgment or order.
fees, and expenses incurred by the Insured Claimant that were
authorized by the Company up to the time of payment and that
6. DUTY OF INSURED CLAIMANT TO COOPERATE
the Company is obligated to pay; or
(a) In all cases where this policy permits or requires the Company to
(ii) to pay or otherwise settle with the Insured Claimant the loss or
prosecute or provide for the defense of any action or proceeding and
damage provided for under this policy, together with any costs,
any appeals, the Insured shall secure to the Company the right to so
attorneys' fees, and expenses incurred by the Insured Claimant
prosecute or provide defense in the action or proceeding, including the
that were authorized by the Company up to the time of payment
right to use, at its option, the name of the Insured for this purpose.
and that the Company is obligated to pay.
Whenever requested by the Company, the Insured, at the Company's
expense, shall give the Company all reasonable aid () in securing
Upon the exercise by the Company of either of the options provided for
evidence, obtaining witnesses, prosecuting or defending the action
in subsections (b)(i) or (ii), the Company's obligations to the Insured
or proceeding, or effecting settlement, and in any other lawful act
under this policy for the claimed loss or damage, other than the
that the opinion of the Company maynecessarydesirable to
payments required to be made, shall terminate, including any liability
establish the Title or any other matter ass i If thea Company is
or obligation to defend, prosecute, or continue any litigation.
prejudiced by the failure of the Insured to furnish the required 8.
DETERMINATION AND EXTENT OF LIABILITY
cooperation, the Company's obligations to the Insured under the
policy shall terminate, including any liability or obligation to defend,
This policy is a contract of indemnity against actual monetary loss or damage
prosecute, or continue any ion, with regard to the matter or
sustained or incurred by the Insured Claimant who has suffered loss or
matters requiring such cooperratio
cooperation.
damage by reason of matters insured against by this policy.
(b) The Company may reasonably require the Insured Claimant to submit
(a) The extent of liability of the Company for loss or damage under this
to examination under oath by any authorized representative of
policy shall not exceed the lesser of
the Company and to produce for examination, inspection, and copying,
(i) the Amount of Insurance; or
at such reasonable times and places as may be designated by the
authorized representative of the Company, all records, in whatever
() II the difference between the value of the Title as insured and the
medium maintained, including books, ledgers, checks, memoranda,
value of the Tltle subject to the risk insured against by this policy.
correspondence, reports, e-mails, disks, tapes, and videos whether
(b) If the Company pursues its rights under Section 5 of these Conditions
bearing a date before or after Date of Policy, that reasonably pertain
and is unsuccessful in establishing the Title, as insured,
to the loss or damage. Further, if requested by any authorized
(i) the Amount Insurance
representative of the Company, the Insured Claimant shall grant its
of shall be increased by 10%, and
permission, in writing, for any authorized representative of the
(i) the Insured Claimant shall have the right to have the loss or
Company to examine, inspect, and copy all of these records in the
damage determined either as of the date the claim was made by
custody or control of a third party that reasonably pertain to the loss
the Insured Claimant or as of the date it is settled and paid.
or damage. All information designated as confidential by the Insured
Claimant provided to the Company pursuant to this Section shall not
(c) In addition to the extent of liability under (a) and (b), the Company will
be disclosed to others unless, in the reasonable judgment of the
also pay those costs, attorneys' fees, and expenses incurred in
Company, it is necessary in the administration of the claim. Failure
accordance with Sections 5 and of these Conditions.
of the Insured Claimant to submit for examination under oath, produce 9.
LIMITATION OF LIABILITY
any reasonably requested information, or grant permission to secure
reasonably necessary information from third parties as required in this
(a) If the Company establishes the Title, or removes the alleged defect,
subsection, unless prohibited bylaw or governmental regulation, shall
lien, or encumbrance, or cures the lack of a right of access to or from
9
AMERICAN
Copyright 2006-21109 American Land Title Association. All rights reserved.
LAND TITLE
ASSOCIATION
The use of this Form is restricted to ALTA licensees and ALTA members in standing the date
good of
All other uses are prohibited. Reprinted under license from the American Land Title Association.
of use.
ALTA OWNER'S POLICY (6/17/06) WITH FLORIDA MODIFICATIONS
Page 4
CONDITIONS - Concluded
the Land, or cures the claim of Unmarketable Title, all as insured, in a
reasonably diligent manner by any method, including litigation and
the completion of any appeals, It shall have fully performed its
obligations with respect to that matter and shall not be liable for any
loss or damage caused to the Insured.
(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, adverse to the
Title, as insured.
(c) The Company shall not be liable for loss or damage to the 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 Insurance by the amount
of the payment.
11. LIABILITY NONCUMULATIVE
The Amount of Insurance shall be reduced by any amount the Company
pays under any policy insuring a Mortgage to which exception is taken in
Schedule B orto which the Insured has agreed, assumed, or taken subject,
or which is executed by an Insured after Date of Policy and which is a
charge or lien on the Title, and the amount so paid shall be deemed a
payment to the Insured under this policy.
12. PAYMENT OF LOSS
When liability and the extent of loss or damage have been definitely fixed
in accordance with these Conditions, the payment shall be made within 30
days.
13. RIGHTS OF RECOVERY UPON PAYMENT OR SETTLEMENT
(a) Whenever the Company shall have settled and paid a claim under this
policy, it shall be subrogated and entitled to the rights of the Insured
Claimant in the Title and all other rights and remedies in.respect to
the claim that the Insured Claimant has against any person or property,
to the extent of the amount of any loss, costs, attorneys' fees, and
expenses paid by the Company. If requested by the Company, the
Insured Claimant shall execute documents to evidence the transfer to
the Company of these rights and remedies. 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 and remedies.
If a payment on account of a claim does not fully cover the loss of the
Insured Claimant, the Company shall defer the exercise of its right to
recover until after the Insured Claimant shall have recovered its loss.
(b) The Company's right of subrogation includes the rights of the Insured
to indemnities, guaranties, other policies of insurance, or bonds,
notwithstanding any terms or conditions contained in those instruments
that address subrogation rights.
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 at the time
of the controversy or claim. 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, and service of the Company in
connection with its issuance or the breach of a policy provision or other
obligation. Arbritration 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 parry. 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. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE CONTRACT
(a) This policy together with all endorsements, if any, attached to it 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 that arises out of the status of the Title
or by any action asserting such claim whether or not based on
negligence shall be restricted to this policy.
(c) Any amendment of or endorsement to this policy must be in writing and
authenticated by an authorized person, or expressly incorporated by
Schedule A of this policy.
(d) Each endorsement to this policy issued at any time is made a part of this
policy and is subject to all of its terms and provisions. Except as
the endorsement expressly states, it does not (i) modify any of the
terms and provisions of the policy, (ii) modify any prior endorsement,
(iii) extend the Date of Policy, or (iv) increase the Amount of Insurance.
16. SEVERABILITY
In the event any provision of this policy, in whole or in part, is held invalid
or unenforceable under applicable law, the policy shall be deemed not to
include that provision or such part held to be invalid, but all other provisions
shall remain in full force and effect.
17. CHOICE OF LAW; FORUM
(a) Choice of Law: The Insured acknowledges the Company has
underwritten the risks covered by this policy and determined the
premium charged therefor in reliance upon the law affecting interests in
real property and applicable to the interpretation, rights, remedies, or
enforcement of policies of title insurance of the jurisdiction where the
Land is located.
Therefore, the court oran arbitratorshall applythe law of thejurisdiction
where the Land is located to determine the validity of claims against
the Title that are adverse to the Insured and to interpret and enforce the
terms of this policy. In neither case shall the court or arbitrator apply
its conflicts of law principles to determine the applicable law.
(b) Choice of Forum: Any litigation or other proceeding brought by the
Insured against the Company must be filed only in a state or federal
court within the United States of America or its territories having
appropriate jurisdiction.
18. NOTICES, WHERE SENT
Any notice of claim and any other notice or statement in writing required
to be given to the Company under this policy must be given to the Company
at P.O. Box 2029, Houston, Texas 77252.
AMERICAN
Copyright 2006-2009 American Land Title Association. All rights reserved. LAND TITLE
The use of this form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. ssocun0N
All other uses are prohibited. Repnnted under license from the American Land Title Association.
ALTA OWNER'S POLICY (6/17/06) WITH FLORIDA MODIFICATIONS .. .
Page 5
SCHEDULEA
Name and Address of Title Insurance Company: Stewart Title Guaranty Company, P. O. Box 2029, Houston, TX 77252-2029
File No: 47999
Loan No.:
Address Reference: 190 Sebastian Boulevard
Sebastian, Florida 32958
Premium: $402.50
1. Name of Insured:
City of Sebastian
Policy No.: 0-228182217
Amount of Insurance: $70,000.00
Date of Policy: 03/15/17 @ 10 -. 42 . p M.
2. The estate or interest in the Land that is insured by this policy is: Fee Simple
3. Title is vested in:
City of Sebastian
4. The Land referred to in this policy is described as follows:
From the N.E. corner of the N.W. 1/4 of Section 7, Township 31 South,
Range 39, East, run West along the North boundary of said Section 7,
a distance of 300.4 feet to the Point of Beginning; thence run South
146.55 feet to the center line of State Road 512; thence run
Southwesterly along the center line of said State Road 512 a distance
of 90 feet; thence run Northwesterly to a point on the North line of
said Section 7, which point is 113 feet West of Point of Beginning;
thence run East on the North line of said Section 7, to the Point of
Beginning. Said land lying and being in Indian River County, Florida.
Less Right of Way for State Road #512.
PROFESSIONAL TITLE OF
INDIAN RIVER, INC.
Authorized Signatory
2281 Schedule A
ACfAOWN1;WSPOLICY(6/17/06) IVITHFLORIDIMODIFIC,1770N.S
u�
stewart
X03111 DIspl:nSna b9-\VIN�R: O\VNi\�IIDI
File No.: 47999
SCHEDULE B
. I
EXCEPTIONS FROM COVERAGE
Policy No.: 0-228182217
This policy does not insure against loss or damage, and the Company will not pay costs, attorneys' fees or expenses that arise by
reason of:
I. Rights or claims of parties in possession not shown by the public records
2. Easements or claims of easements not shown by the public records.
3. Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate survey and
inspection of the premises.
4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by
the public records.
5. Any adverse ownership claim by the State of Florida by right of sovereignty to any portion of the lands insured hereunder,
including submerged, filled, and artificially exposed lands and lands accreted to such lands.
6. Taxes for the year 2017 and subsequent years, which are not yet due and payable.
7. Taxes and assessments for the year 2017 and subsequent years, which are not yet
due and payable.
NOTE: 2016 Real Property Taxes in the gross amount of $1,014.88 are paid, under
Tax I.D. No. 31-39-07-00000-3000-00006/0.
8. Standard Exceptions:
9. Any encroachment, encumbrance, violation, variation, or adverse circumstance
affecting the Title that would be disclosed by an accurate and complete land
survey of the Land.
10. Items 1 and 4 are hereby deleted.
sfewart
m e guenmy wmpvry
2281 Schedule 8
ALTA OWNER'S POLICY (6/17/06) WITH FLORIDA MODIFICATIONS (03/11 Diepl,S.067-WIN-FLOWNBNYD-06)
}
professional '- ';,;JianRiver, inc.
1546 N US FL 32955
p.q 7fii
DECLARATION OF UNITY OF TITLE
CITY OF SEBASTIAN
SD
36.
WHEREAS, the undersigned is the fee simple owner (s) of the following described property situate
in Indian River County, Florida;
And;
See attached Exhibit 1
See attached Exhibit 2
WHEREAS, the undersigned has made application for issuance of a development order affecting
the above described parcels, and
WHEREAS, the parcels meet the requirements for issuance of such development order only if the
parcels are held as a single parcel of land,
NOW, THEREFORE, the undersigned, in consideration of the issuance of said development order
by the City of Sebastian, Indian River County, Florida, covenants that the above-described parcels of land
will be held in common ownership as a single parcel of land and will not be subdivided. Any conveyance,
encumbrance, or lease of less than all of the above-described parcels (but not including a conveyance of an
undivided interest, remainder interest, life estate, or estate for years in the entire parcels or the grant of a
public -utility or drainage easement over a portion of the parcel) without the recorded written consent of the
City of Sebastian shall be a violation of this covenant and may result in the property being in violation of the
ordinances of the City of Sebastian, and such violation shall not be allowed to continue pursuant to Article
VIII of the Land Development Code. This restrictive covenant shall run with the land and shall be binding
on the undersigned's successors in title. Witness the hand and seal of the undersigned, this day Jblt�_, 20 l .�
presence:
Signature
Printed N
Signature of Witness
Printed Name:
Signature of Witness
Printed Name:
Cynthia M. Rich
ME EN
Cathy L. Snow
Signa e o Applicant / ////
Printed Name: C>W) ri/
Signature of Applicant
Printed Name:
3120170013673
RECORDED IN THE PUBLIC RECORDS OF
JEFFREY R SMITH, CLERK OF COURT
INDIAN RIVER COUNTY FL
Br�: 3007 PG: 2282 Page 1 of 4 3/15/201710:42 AM
STATE OF FLORIDA
-rTl�7 a ii / i eiVl ►]7
The forgoing instrument was acknowledged before me this
,To s c P h who is personally known to me or I
(identification).
NOT
CYNfHIAM.RICN
_ r MYCOM:MISSIONtEE865908
My
MyC
EXPIRES: May 17, 2017
au^ded
fire PbLvyPbk OMenwrde,
/()day ofm<%�z' h 20 �7 by
JOINDER BY MORTGAGEE
number:_ Cynthia Ni. 111ch
expires: S / � / / -7
The undersigned, as the owner and holder of a mortgage on one or more of the above described
parcels, hereby joins in this declaration for the purposes expressed therein.
Signed in our presence:
Signature of Witness
Printed Name:
Signature of Witness
Printed Name:
STATE OF FLORIDA
COUNTY OF INDIAN RIVER
Mortgagee
Signature
Printed N
The forgoing instrument was acknowledged before me this _ day of , 20� by
as (title) for
(corporation) who is personally known to me or produced (identification).
NOTARY PUBLIC
My commission number:
My commission expires:
Full Legal Description for Parcel 31390700000300000006.0
Parcel: 313907000003O0O000O6.O
j Full Legal Description
Page 1 of 1
FRNE COR OFNW I/4, RUN W ALONG BDRY 3
00.4 FT TO POB: S 146.55 FT TO CL OF ST RD 512; SW LY 90 FT
; N W LY TO PT WHICH IS
113 FT W OF POB: RUN E ALONG N LINE SEC
7 TO POB AS R BK 88 PP 60 LESS RD RAV (OR BK 428 PP 330)
��N 1 7 -*r
print I close
1990 s/�
http://www.irepa.org/Tools/FuIlLegal.aspx?ParcellD=31390700000300000006.0 2/23/2017
Full Legal Description for Parcel 31390600000509000O24.0
Parcel: 3139O6000O05O0000O24.0
1 Full Legal Description
Page 1 of I
7.5 A IN SW 1/4, D BK 3, PP 279 LESS E 28
85 FT OF S 433 FT THEREOF & LESS N 267.35 FT AS MEASURED A
LONG RR R/W AS PER OR
BK 708 PP 819
print I close
http://www.ircpa.org/Tools/FuIlLegal.aspx?ParcellD=31390600000500000024.0 2/23/2017