Loading...
HomeMy WebLinkAbout2024 Settlement AgreementALTA SETTLEMENT - SELLER (American Land Title Association File No.: 2179-2804335 Printed: 08/27/2024, 9:33 AM Officer/Escrow Officer: Tricia Foldessy/TF Settlement Location: 3111 N. University Drive, Suite 418, Coral Springs, FL 33065 ALTA Settlement Statement - Seller Adopted 05-01-2015 First American Title Insurance Company 3111 N. University Drive, Suite 418 • Coral Springs, FL 33065 Phone:(954)753-8220 Fax:(714)361-3564 Final Settlement Statement Property Address: 100 Veterans Memorial Way, Sebastian, FL 32958 Buyer: Stilldragon North America LLC Seller: City of Sebastian, a Municipal Corporation of the State of Florida Lender: Marine Bank and Trust Company Settlement Date: 08/27/2024 Disbursement Date: 08/27/2024 Description Financial Sale Price Total Deposit/Earnest Money Excess Deposit Pro rations/Adjustments Non -Ad Valorem 08/27/24 to 10/01/24 @$300.89/yr Miscellaneous 2023 County Tax to Indian River County Tax Collector Utilities -Water current to Indian River County Utilities Utilities - Water estimate for final to Indian River County Utilities Subtotals Due To Seller Totals POC-S $300.89 FirwAmi,riema Title" Se ter ' Debit Credit 1,000,050.00 45,000.00 28.85 65.60 65.60 45,131.20 1,000,078.85 954,947.65 1,000,078.85 1,000,078.85 Acknowledgement We/1 have carefully reviewed the ALTA Settlement Statement and find it to be a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction and further certify that I have received a copy of the ALTA Settlement Statement. We/I authorize First American Title Insurance Company to cause the funds to be disbursed in accordance with this statement. See Attached Signatures Copyright 2015 American Land Title Association. File # 2179-2804335 All rights reserved Page 1 of 2 Printed on 08/27/2024 at 9:33 AM Seller(s): City of Sebastian, a Municipal Corporation of the State of Florida By: 4 4 �4'6 Name: Ed Dodd Title: Mayor Escrow Officer: Tricia Foldessy Copyright 2015 American land Title Association. File # 2179-2804335 All rights reserved Page 2 of 2 Printed on 08/27/2024 at 9:33 AM TITLE AFFIDAVIT Prepared by: Jefferson H. Weaver, Esq. 1700 University Drive, Suite 305 Coral Springs, Florida 33071 After recording, return to: Jeanette Williams, City Clerk City of Sebastian 1225 Main St Sebastian, FL 32958 Affidavit STATE OF FLORIDA ) COUNTY OF INDIAN RIVER) Before me personally appeared Ed Dodd, who, being duly sworn, deposes and says: 1. Affiant is a resident of Indian River County, Florida, and over twenty- one years of age. 2. Affiant is the Mayor of City of Sebastian, a municipal corporation of the State of Florida, which is in turn the sole owner of the property located at 100 Veterans Memorial Way, Sebastian, Florida, legally described in the attached Exhibit "A" ("Property"). 3. The City of Sebastian has entered into an agreement to sell the Property to Stilldragon North America, LLC, a Florida limited liability company. 4. That the above described Property is free and clear of all liens, taxes, encumbrances, and claims of every kind, nature, and description whatsoever, except for real estate and personal property taxes for the year 2024, and that there are no parties in possession of the Property except for the current record owner. 5. There are no tenants in possession of the Property. 6. That there are no encumbrances upon the Property other than as may be set forth in the Title Commitment described below in this Affidavit. 7. That within the past 90 days there have been no improvements, alterations, or repairs to the above -described Property for which the costs thereof remain unpaid, or that within the past 90 days there have been no claims for labor, materials or supplies furnished for repairing or improving the same, which remain unpaid except for the following: None. 8. That there are no mechanic's, materialmen's or laborer's liens or claims of liens against the above -described Property. 9. That the personal property contained in the buildings on the Property, if any, is also free and clear of all liens, encumbrances, claims and demands whatsoever. IO.That Affiant knows of no violations of County or Municipal ordinances pertaining to the above -described Property. 11.Affiant states that there are no matters pending against the City of Sebastian or the Property that could give rise to a lien that would attach to or otherwise encumber the Property described herein between the date of the last title examination (being July 25, 2024 @ 8:00 a.m., Commitment Number: 2179-2804335 by First American Title Insurance Company) ("Title Commitment") and the recording of the interest to be insured; no judgment or decree has been entered in any court of this State, any other State, or the United States against the City of Sebastian which remains unsatisfied; that there are no Notices of Federal Tax Lien against the City of Sebastian outstanding; that there have been no bankruptcy proceedings filed regarding the City of Sebastian and that Affiant has not and will not execute any instrument that would adversely affect the title or interest of any lender relying hereon. 12.That as to the Property, there are no assessments or liens for unpaid utilities or for unpaid capital improvements. 13.That Affiant knows of no boundary line disputes, encroachments, overlaps, threatened or attempted enforcement of governmental police power or exercise of the right of eminent domain, nor any violation of any conditions, covenants or restrictions which would work to cause a forfeiture or reversion of title of the Property. 14.That Affiant know of no improvements or structures that encroach upon the Property from neighboring lands, or any improvements or structures on the Property that encroach upon neighboring lands or of any party other than the City of Sebastian that has claim to possession of the Property. 15.That the City of Sebastian is not currently a debtor in any pending bankruptcy proceeding. 16.The City of Sebastian's title to, and possession and enjoyment of, the Property have been open, notorious, peaceable and undisturbed, and have never been disputed nor questioned. 17.The City of Sebastian has received no notice of any public hearing regarding assessment for improvements or changes in applicable zoning laws concerning said Property within the past ninety (90) days. 18.There are no actions or proceedings concerning said Property now pending in any State or Federal Court which constitute or could constitute a charge or lien upon said Property. 19.There are no unrecorded easements, claims of easement or rights -of - way affecting all or any portion of the Property. 20.That this Affidavit is made for the purpose of inducing First American Title Insurance Company to issue the title insurance for the transaction referenced herein. The City of Sebastian agrees to indemnify First American Title Insurance Company for any loss or damage, including court costs and attorneys' fees, arising from any intervening liens or other matters which adversely affect the title to the above -described Property. 21.That the Property is free and clear of any open mortgages or liens, whether recorded or not recorded. 22.That there are no outstanding or pending claims or law suits against the City of Sebastian that may constitute the basis for a lien against the Property. 23.That there are no matters that constitute defects in the City of Sebastian's title to the Property other than as disclosed by the Title Commitment referenced above. 24.That there are no matters existing, at the time of delivery of the deed and/or mortgage contemplated herein, which would adversely affect the ability of the City of Sebastian to convey the Property. 25.That the City of Sebastian has never been a party to a bankruptcy filing nor does the City of Sebastian contemplate or anticipate any such filing. Further Affiant sayeth naught. ALw R -fk4W AA/ Witness (Sign Name) Xame of Witness) A141 Allot �ell litnes,4 (Sign N�rne) 0nf A, 1j , (k /t A�43 (Pri t N61ne of Witness) STATE OF FLORIDA COUNTY OF INDIAN RIVER CITY OF SEBASTIAN, FLORIDA By: /v �v( Ed Dodd, Mayor ATTEST:__ Print Name: Jeanette Williams , City Clerk The foregoing instrument was acknowledged before me '' in the presence of or _ online this :�Q 7 ``day of August, 2024, by Ed Dodd as Mayor of the City of Sebastian, a municipal corporation of the State of Florida, who is personally known to me or who has provided a driver's license as identification. Notary Public, State oFlorida My commission expires: Fz6n,,a,y l(,, 26ZS CATHERINEE.TESTA *: *: Commission # HH 054261 Z,' Expires February 16, 2025 Banded Thru Tray Fain Ma rdw 800 385d0% ALTA SETTLEMENT - COMBINED (American Land Title Association File No: 2179-2804335 Printed: 08/27/2024, 9:33 AM Officer/Escrow Officer: Tricia Foldessy/TF Settlement Location: 3111 N. University Drive, Suite 418, Coral Springs, FL 33065 ALTA Settlement Statement - Combined Adopted 05-01-2015 First American Title Insurance Company 3111 N. University Drive, Suite 418 • Coral Springs, FL 3306S Phone: (954)753-8220 Fax: (714)361-3S64 Final Settlement Statement Property Address: 100 Veterans Memorial Way, Sebastian, FL 32958 Buyer: Stilldragon North America LLC Seller: City of Sebastian, a Municipal Corporation of the State of Florida Lender: Marine Bank and Trust Company Settlement Date: 08/27/2024 Disbursement Date: 08/27/2024 Seller Description Buyer Debit Credit Debit Credit Financial 1,000,050.00 Sale Price 1,000,050.00 Loan Amount - Marine Bank and Trust Company 750,038.00 Total Deposit/Earnest Money 45,000.00 Disbursed as Proceeds ($0.00) 45,000.00 Excess Deposit Prorations/Adjustments 28.85 Non -Ad Valorem 08/27/24 to 10/01/24 @$300.89/yr 28.85 Proceeds from File #: 2806157 192,151.15 Loan Charges Loan Charges to Marine Bank and Trust Company Origination Fee Document Preparation Fee O&E Search Fee to - Florida Property Reports, LLC Tax Service Fee to - Lereta, LLC Flood Determination Fee to - Lereta, LLC Appraisal Review Fee to-TrueValuation USA Record Mortgage (6844150th Place) to - Palm Beach County Clerk of Court E-Record Fee (6844150th Place) to - Simplifile Appraisal Fee to - Osteen Appraisals POC-B $3,400.00 Title Charges & Escrow / Settlement Charges ALTA Owner's Policy Premium: $5075.26 Prom.: $5075.26 to First American Title Insurance Company ALTA Loan Policy Premium: $450.00 Prom.: $450.00 to First American Title Insurance Company Copyright 2015 American Land Title Association. All rights reserved Page 1 of 3 7,500.00 300.00 50.00 82.00 41.25 250.00 86.50 4.75 5,075.26 450.00 File # 2279-2804335 Printed on 08/27/2024 at 9:33 AM Seller Description Buyer Debit Credit Debit Credit [ALTA 6 w/ FL MOD] Variable Rate to First American Title Insurance 50.00 Company [ALTA 8.1 w/FL MOD] Environmental Protection Lien to First 50.00 American Title Insurance Company [ALTA 9 w/FL MOD] Restrictions, Encroachments & Minerals to First 552.52 American Title Insurance Company Search Fee to First American Title Insurance Company 500.00 Closing Services Fee to First American Title Insurance Company 700.00 Government Recording and Transfer Charges Record Warranty Deed 61.00 Record Mortgage 86.50 Record Affidavit LLC to Indian River County Clerk of Courts 188.50 Record Assignment of Rents 61.00 State Documentary Transfer Tax 7,000.70 State Tax Stamps on Mortgage 2,625.35 Intangible Tax 1,500.08 Miscellaneous Attorney Fee to Jefferson Weaver, Esq. 8,825.00 2023 County Tax to Indian River POC-S $300.89 County Tax Collector Survey Fee to Meridian Land Surveyors 1,500.00 Muni Lien Search to Real Res 233.00 65.60 I Utilities -Water current to Indian River County Utilities 65.60 I Utilities - Water estimate for final to Indian River County Utilities 45,131.20 1 1,000,078.851 Subtotals 1,037,852.26 I 987,189.15 I Due From Buyer I 50,663.11 954,947.65 I Due To Seller 1,000,078.85 1,000,078.85 I Totals 1,037,852.26 I 1,037,852.26 Acknowledgement We/1 have carefully reviewed the ALTA Settlement Statement and find it to be a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction and further certify that I have received a copy of the ALTA Settlement Statement. We/I authorize First American Title Insurance Company to cause the funds to be disbursed in accordance with this statement. See Attached Signatures Copyright 2015 American Land Title Association. File # 2179-2804335 All rights reserved Page 2 of 3 Printed on 08/27/2024 at 9:33 AM Sellers) Buyer(s) City of Sebastian, a Municipal Corporation of Stilldragon North America LLC, a Florida limited the State of Florida liability company By: r �76�" By: Name: Ed Dodd Name: Lawrence Taylor Title: Mayor Title: Manager Escrow Officer: Tricia Foldessy Copyright 2015 American Land Title Association. File # 2179-2804335 All rights reserved Page 3 of 3 Printed on 08/27/2024 at 9:33 AM AMENDMENT WITH LEGAL Prepared by: Jefferson H. Weaver, Esq. 1700 University Drive, Suite 305 Coral Springs, Florida 33071 AMENDMENT TO "AS IS" PURCHASE AND SALE AGREEMENT This Amendment to that certain "AS IS" Property Sale and Purchase Agreement dated June 12, 2024, between City of Sebastian, a Municipal Corporation of the State of Florida, whose address is 1225 Main Street, Sebastian, Florida. 32958 (hereinafter "City") and Stilldragon North America, LLC, a Florida limited liability company, whose address is 6844 1501h Place North, Palm Beach Gardens, Florida. 33418 (hereinafter "Purchaser") for that certain real property located at 100 Veterans Memorial Way, Sebastian, Florida 32958 PIN 31-39-06-00000-5000-00024.0 ("Property") (collectively "Agreement") shall provide as follows: The legal description for the Property which is attached to the Agreement is hereby deleted and in its place is substituted a new legal description for the Property which is attached to this Amendment as Exhibit "A". The parties acknowledge and agree that this new legal description shall also be attached in place of the original legal description contained on the First American Title Insurance Company Commitment for Title Insurance, Commitment Number 2179-2804335, Effective Date: July 09, 2024 at 8:00 a.m., amended Effective Date: July 25, 2024 (the "Title Commitment"). Furthermore, the parties acknowledge and agree that this new legal description shall also be attached in place of the original legal description contained on all other documents associated with this transaction. IN WITNESS WHEREOF, City and Purchaser have hereunto set Grantor's hand and seal the day and year first above written. CITY OF SEBASTIAN, FLORIDA: ATTEST( (SSE,A/L)` ,Q By: (. &role �4a!te Williams, MMC Ed Dodd, Mayor City Clerk Approved to form and legality for Reliance by the Cit of Sebastian: Jen fifer Cockcroft, City Attorney Witness (Sign Name) (Print Name of Witness) Witness (Sign Name) (Print Name of Witness) By: Brian Benton, City Manager Date: /� 7 )Aoa� PURCHASER: STILLDRAGON NORTH AMERICA, LLC, A Florida limited liability company By: Lawrence Taylor, Manager - � t ri st-Amelice '- e EXHIBIT A ALTA Commitment for Title Insurance Florida Modified - 2021 v. 01.00 (07-01-2021) The Land referred to herein below is situated in the County of Indian River, State of Florida, and is described as follows: EXHIBIT 1 FR NE COR OF NW 1/4, RUN W ALONG N BDRY 300.4 FT TO POB; S 146.55 FT TO CL OF ST RD 512; SWLY 90 FT; NWLY TO PT WHICH IS 113 FT W OF POB; RUN E ALONG N LINE SEC 7 TO POB A5 R BK 88 PP 60 LESS RD R/W (OR BK 428 PP 330) EXHIBIT 2 7.5 A IN SW 1/4, D BK 3, PP 279 LESS E 2885 FT OF S 433 FT THEREOF & LESS N 267.25 AS MEASURED ALONG RR R/W AS PER OR BK 708 PP 819 ALSO LESS AND EXCEPTING THE FOLLOWING: COMMENCING AT THE SOUTHEAST CORNER OF THE SOUTHWEST 1/4 OF SECTION 6, TOWNSHIP 31 SOUTH, RANGE 39 EAST, RUN N00°12'40"E, ALONG THE EAST LINE OF THE SOUTHWEST 1/4 OF SAID SECTION 6, THE SAME BEING THE CENTERLINE OF LOUISIANA AVENUE, FOR A DISTANCE OF 432.49 FEET TO A POINT; THENCE DEPARTING SAID EAST LINE, RUN S89°25'41"W FOR A DISTANCE OF 40.00 FEET TO A POINT ON THE WEST RIGHT OF WAY LINE OF LOUISIANA AVENUE AND THE POINT OF BEGINNING OF THE HEREIN DESCRIBED PARCEL OF LAND; FROM SAID POINT OF BEGINNING, CONTINUE S89°25'41"W FOR DISTANCE OF 260.40 FEET TO A POINT; THENCE RUN S00°12'40"W FOR A DISTANCE OF 115.92 FEET TO A POINT; THENCE RUN N89047'20"W FOR A DISTANCE OF 92.95 FEET TO A POINT; THENCE RUN N00012'40"E FOR A DISTANCE OF 114.65 FEET TO A POINT; THENCE RUN S89°25'41"W FOR A DISTANCE OF 69.59 FEET TO A POINT ON THE SOUTHEAST RIGHT OF WAY LINE OF COUNTY ROAD 512; THENCE RUN N38014'59"E, ALONG SAID SOUTHEAST RIGHT OF WAY LINE, FOR A DISTANCE OF 77.54 FEET TO A POINT; THENCE DEPART SAID SOUTHEAST RIGHT OF WAY LINE AND RUN N89159'18"E FOR A DISTANCE OF 375.13 FEET TO A POINT ON THE WEST RIGHT OF WAY LINE OF LOUISIANA AVENUE; THENCE RUN S00012'40"W FOR A DISTANCE OF 56.75 FEET TO THE POINT OF BEGINNING. BEING MORE PARTICULARLY DESCRIBED BY A RECENT SURVEY AS: A PARCEL OF LAND LYING IN SECTION 6 AND SECTION 7, TOWNSHIP 31 SOUTH, RANGE 39 EAST, CITY OF SEBASTIAN, COUNTY OF INDIAN R)VER, FLORIDA, AND BEING MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF THE SOUTHWEST 1/4 OF SAID SECTION 6, RUN S89°25'41"W, ALONG THE SOUTH LINE OF SAID SECTION 6, FOR A DISTANCE OF 300.40 FEET TO THE POINT OF BEGINNING OF THE HEREIN DESCRIBED PARCEL OF LAND; This page is only a part of a 2021 ALTA Commitment for Tide Insurance issued by First American TINe Insu,'ance Company. Tlus Commitment is not ua/id wrdrout dre Notice, the Comm&nentto .issue Policy, the Commitment Condivons Schedule A, Schedule 6, Part I—Requiremen4 and Sd edule B, Part II—Eyn�obons,• and a counter-signatvre by the Company or its issuing agent that may be in electronic form. ' Copyright 2024 First American Financial Corporation, All rights reserved, Ail information, data, and material created or compiled by or on behalf of First American Financial Corporation is restricted and may not be copied or used for derivative products/services without the prior express written permission of First American Financial Corporation. ** Copyright 2021 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) 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. _ Form 50139912 (8-4-22) Pge 11 aof Y7 FirstAnmerican Me ALTA Commitment for Title Insurance Florida Modified - 2021 v. 01.00 (07-01-20211 FROM THE POINT OF BEGINNING, DEPART THE SOUTH LINE OF SAID SECTION 6 AND RUN S00012'40"W FOR A DISTANCE OF_102.66 FEET TO A POINT ON THE NORTHWEST RIGHT OF WAY LINE OF STATE ROAD 512 (EASTBOUND); THENCE RUN S49102'28"W, ALONG SAID RIGHT OF WAY LINE, FOR A DISTANCE OF 100.71 FEET TO A POINT; THENCE DEPART SAID RIGHT OF WAY LINE AND RUN N12018'35"W FOR A DISTANCE OF 171.49 FEET TO A POINT ON THE SOUTH LINE OF SAID SECTION 6; THENCE RUN S89025'41"W FOR A DISTANCE OF 392.04 FEET TO A POINT ON THE SOUTHEAST RIGHT OF WAY LINE OF STATE ROAD 512 (WESTBOUND); THENCE RUN N38014'59"E, ALONG SAID SOUTHEAST RIGHT OF WAY LINE FOR A DISTANCE OF 555.77 FEET TO A POINT; THENCE DEPART SAID SOUTHEAST RIGHT OF WAY LINE AND RUN N89025'41"E FOR A DISTANCE OF 69.59 FEET TO A POINT; THENCE RUN S00012'40"W FOR A DISTANCE OF 114.65 FEET TO A POINT; THENCE RUN S89047'20"E FOR A DISTANCE OF 92.95 FEET TO A POINT; THENCE RUN S00012'40"W FOR A DISTANCE 317.12 FEET TO THE POINT OF BEGINNING. This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not valid without the Notice, the Commitment to ksue Policy,• the Commitment Condlbons,• Schedule A; Schedule B, Part I -Requirements; and Schedule B, Part II—Excepdons,• and a counter-sgriature by the Company or its wing agent that may be in electnnic form. Copyright 2024 First American Financial Corporation. All rights reserved. All information, data, and material created or compiled by or on behalf of First Amercan Financial Corporation is restricted and may not be copied or used for derivative products/sepAces without the prior express wrtnen permission of First American Financial Corporation. ** Copyright 2021 American Land Title Association. All rights reserved. The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. Ali outer ses a prohibited. Reprinted under license from the American Land Title Association. Form 50139912 � -9-22 Page 12 of 17 FIRPTA FIRPTA CERTIFICATION Section 1445 of the Internal Revenue Code provides that a transferee of a U.S. real property interest must withhold tax if the transferor is a foreign person. For U.S. tax purposes (including section 1445), the owner of a disregarded entity (which has legal title to a U.S. real property interest under local law) will be the transferor of the property and not the disregarded entity. To inform the transferee that withholding of tax is not required upon the disposition of a U.S. real property interest by City- of Sebastian, a munici»al corporation of the State of Florida ("Transferor"), the undersigned hereby certifies the following on behalf of Transferor: 1. Transferor is not a foreign corporation, foreign partnership, foreign trust, or foreign estate (as those terms are defined in the Internal Revenue Code and Income Tax Regulations); 2. Transferor is not a disregarded entity as defined in §1.1445-2(b)(2)(iii); 3. Transferor's U. S. employer identification number is 59-6000427 : 4. Transferor's office address is 1225 Main Street, Sebastian City Hall, Sebastian, Florida. 32958 Transferor understands that this certification may be disclosed to the Internal Revenue Service by transferee and that any false statement contained herein could be punished by fine, imprisonment, or both. Under penalties of perjury I declare that I have examined this certification and to the best of my knowledge and belief it is true, correct, and complete, and I further declare that I have authority to sign this document on behalf of Transferor. CITY OF SEBASTIAN, FLORIDA By: Witness (Sign Name) Ed Dodd, Mayor �A--11,M PV (Pr' ame of Witness) ' itnes� (Sign me) (N Anr Arl"tz- L�a 6X1 Print Name of Witness ATTEST�� Utl?- 0,W-/1A--r-na Jeanette W'Jlliams, City Clerk STATE OF FLORIDA COUNTY OF INDIAN RIVER The foregoing instrument was acknowledged before me in the presence of or _ online this -" x;day of August, 2024, by Ed Dodd as Mayor of the City of Sebastian, a municipal corporation of the State of Florida, who is personally known to me or who has provided a driver's license as identification. Notary Public;'of Florida My commission expires: r-e-Lrr c til «, Z62 CATHERINE E. TESTA :.•J Commission # HH OU261 •Wp `O�e• 11 dflwT�FaWk 800,,&70t8 BILL OF SALE BILL OF SALE KNOW ALL MEN BY THESE PRESENTS, that City of Sebastian, a municipal corporation of the State of Florida, party of the first part, for and in consideration of the sum of TEN ($10.00) DOLLARS lawful money of the United States, to it paid by Stilldragon North America, LLC, a Florida limited liability company, party of the second part, the receipt and sufficiency of which is hereby acknowledged, has granted, bargained, sold, transferred, and delivered, and by these presents does grant, bargain, sell, transfer and deliver unto the said party of the second part, and its executors, administrators, and assigns, the following goods and chattels, located within the premises of the real property located at 100 Veterans Memorial Way, Sebastian, Florida. 32958, more fully described as follows in the attached Exhibit "A": All contents therein owned by City of Sebastian, a municipal corporation of the State of Florida. TO HAVE AND TO HOLD the same unto the said party of the second part, and its executors, administrators and assigns forever. And we do for ourselves and our heirs, executors and administrators, covenant and with the said parties of the second part, and their executors, administrators and assigns that we are the lawful owners of the said goods and chattels; that they are free from all encumbrances; that we have good right to sell the same aforesaid; and that we will warrant and defend the sale of said property, goods and chattel hereby made, unto the parties of the second part, and their executors, administrators, and assigns against the lawful claims of all persons whomsoever. IN WITNESS WHEREOF, we have hereunto set our hands and seal this a7+day of August, 2024. eA U Y v ` - IY � �tYWU Witness (Sign Name) A.k ( t me of Witness) W ness (S gn Name (Pn t N�be of Witness) CITY OF SEBASTIAN, FLORIDA By: l " Ed Dodd, Mayor ATTEST:LfC Jeanette Wilyams, City Clerk STATE OF FLORIDA COUNTY OF INDIAN RIVER The foregoing instrument was acknowledged before me in the presence of or online this 21day of August, 2024, by Ed Dodd as Mayor of the City of Sebastian, a municipal corporation of the State of Florida, who is personally known to me or who has provided a driver's license as identification. Notary Public, State of Pori a My commission expires: r4,c,/ 1C j 202-S CATHERI ;,fie•• NEE.TESTA M. {� : _ C0111MIMIOn # HH 054261 =....tea. oP° Expires February 16, 2025 of �` Bolded flru Troy Fain fneuram 800-3 7019 WARRANTY DEED Prepared by: Jefferson H. Weaver, Esq. 1700 University Drive, Suite 305 Coral Springs, Florida 33071 After recording, return to: CITY CLERK, CITY OF SEBASTIAN 1225 MAIN STREET SEBASTIAN, FL 32958 PIN 31-39-06-00000-5000-00024.0 WARRANTY DEED THIS INDENTURE, made this a7 day of August, 2024, between City of Sebastian, a Municipal Corporation of the State of Florida, whose address is 1225 Main Street, Sebastian, Florida, 32958 (hereinafter "Grantor") and Stilldragon North America, LLC, a Florida limited liability company, whose address is 6844 150a' Place North, Palm Beach Gardens, Florida. 33418 (hereinafter "Grantee"). WITNESSETH, that Grantor, for and in consideration of the sum of TEN ($10.00) Dollars and other good and valuable consideration, to Grantor in hand paid by Grantee, the receipt and sufficiency of which is hereby acknowledged, has granted, bargained, and sold to the Grantee, and Grantee's successors and assigns forever, the following described lands, situate, laying and being in Sebastian, Indian River County, Florida, having a tax folio number of 31-39-06-00000-5000-00024.0., as more fully described in the attached Exhibit "A". SUBJECT TO: 1. Zoning, restrictions, prohibitions and other requirements imposed by governmental authorities. 2. Easements, restrictions and matters contained on the Plat. 3. Taxes for the year of closing and subsequent years. 4. This is not Grantor's homestead. And 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 hereunto set Grantor's hand and seal the day and year first above written. 'itness (Sign Name) (P ' ame of Wit s) ,Ylitnesy(Sign N e) I/ q"I�jr,— MAa0j (Prit NAme of Witness) STATE OF FLORIDA COUNTY OF INDIAN RIVER CITY OF SEBASTIAN, FLORIDA By: cv Ed Dodd, Mayor ATTEST:- / Jeanette Wif ams, City Clerk The foregoing instrument was acknowledged before me X in the presence of or _ online this f 4-". day of August, 2024, by Ed Dodd as Mayor of the City of Sebastian, a municipal corporation of the State of Florida, who is personally known to me or who has provided a driver's license as identification. Notary Public, StdWof My commission expires: CATHERINE E. TESTA Commission # HH 054261 Pe`,.•` Expires February 16, 2025 "�"'• ° B=W ft Troy Fein Insurance 80048r.7019