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HomeMy WebLinkAbout1992 Pappas, AnnaReturn lo: ;enclose self- addressed stamped envelope) r Nam,•:`Professional' Title of I.R. V 'L'-f,46 North U.S. #1 Sebastian, Florida 32958 Address: This Instrument Prepared by: Professional Title of I.R. A1d &46 North U.S. #1 Sebastian, Florida 32958 Property Appraisers Parcel Identification (Folio) Number(s): 06- 31 -39- 00003 - 0020 - 00001.0 Grantee(sl S.S. #Is]: SPACE ABOVE THIS LINE FOR PROCESSING DATA P 14693 is 19arrantil Rejeb Anna Pappas �d a a, r-1 WARRANTY DEED INDIVID. TO INDIVID. D0CU1M,UflU,R DEED $.% O NOTE $ ARM K. BARTON, CLERK IMM MER MNTY RAMCO FORM 01 RECORD VERIFIED ,JEFFREY K. BARTON CIRCUIT CLERK IIND AN RIVER CO. COURT SPACE ABOVE THIS LINE FOR RECORDING DATA Made the 10th day of December A.D. 19 92 by herei,nxfter cat'ed the grantor, to CITY OF SEBASTIAN, a existing under the laws of the State of Florida whose post office address is PO Box 780127, Sebastian municipal corporation created and F1. 32978 -0127 hereinafter called the grantee: (Wherever used herein the terms 'grautor' and 'grentce' include all the parties W this instrument and die heirs, legal representatives and assigns of individuals, and the successors and assigns of corporations) M itlltoott4: That the grantor, for and in consideration of the sum of $ 10 . 0 0 and other valuable considerations, receipt whereof is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, releases, conveys and confirms unto the grantee all that certain land situate in Indian River County, State of Florida . viz: Lots 1 and 2, Block 2 (lying West of the new R/W for U.S. Highway #1), HARDEE'S SUBDIVISION No. B, according to the Plat thereof on file in the Office of the Clerk of the Circuit Court in and for St. Lucie County, Florida recorded in Plat Book 4, Page 74, said lands situate, lying and being in Indian River County, Florida, and more particularly described on attached exhibit. Subject to all valid restrictions, reservations, easements and zoning of record. This property is not homestead property. Grantor's residence is property other than that which is being conveyed. 4 t" lL ' tj " i °. n i -e ) 4.�Ll'4 ti l�'.t, 2; f�l t11.. IF t(,rl.t L41Lt,5 L(. .tLr,tr:, %nG:Ltu a:n.l ..t.1 ,Irt(`,,.,,,.f;S dC'r'.'',i.' t:vvYoj, ty t: r' .".L ..Ll� "y''ii ✓ub'o appertaining. 00 Malllie attb to 3101b, the sarrte in fee simple forever. Anh the grantor hereby covenants with said grantee that the grantor is lawfully seized of said land in fee simple, that the grantor has good right and lawful authority to sell and convey said land, and hereby warrants the title to said land and will defend the same against the lawful claims of all persons whomsoever, and that said land is free of all encumbrances, except taxes accruing subsequent to December 591, 19 92 f 3o 19itntoo M4trtof, the said grantor has signed and sealed these presents the day and gear first above written. Signed, sealed and delivered in the presence of Sill ature IF Lvci I e. F Prin ignat to ivure XiA A e44, S-. I/J Printed Signature M Signallure Anna Pappas Printed Signature 14425 80th Avenue, Sebastian, FL 32953 Post 0� ci! a Address Signature — Yrint,-J 9ignature Pinto .41gtature - -�" Post Office Address Printe d Signature STATE OF J6 LA. COUNTY OF I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the Slate aforesaid and in the County aforesaid to take acknowledgments, personally appeared Anna Pappas to me known to be the person described in and who executed the foregoing instrument and Who acknowledged before me that She executed the same. WITNESS my hand and official sc dal -the County and State last a oresaid this � day o IDo fikal P..}21 , A.D. 19 Q2, . A. Notary Signature Prime.. Notary Sigature -- `o ASv Comnnissiun E;;piree �t NOTARY PUBLIC, STATE OF FLORIDA. ",J ,° My C01MMISSION EXPIRES: Oct. 2,199S. •> . x ;° BONDED THRU NOTARY PUBLIC UNDERWRITERS. Said property being more particularly described as follows: Beginning..at the Southwest corner of Lot 1, B1`ock 2; of the above mentioned Hardee's Subdivision no. "B" thence run N 20 °00'00" W along the East R/W line of north Cebntraol Avenue a distance of 86.62 feet to a point on the North Line of Lot 1, Block 2, thence run N 70 °47102" E along the north line of Lot 1, Block 2, a distance of 24.82 feet to a point on the West R/W line of u.S. Highway No. 1 100 foot R /W, said point also being on the arc of a circular curve concave to the Southwest having a radius of 1860.08 feet, thence run Southeasterly along the arc of said curve through a central angle of 2 °41'58", an. arc distance of .87--,,64 feet, having a chord bearing of S 28 °07'18" E to a point on the North R/W line of 1st Street, thence leaving s.ai d Curve rL n -.S 70043-1051-' 'W along the North R/W line of 1st Street a distance of 37.20 feet to the point of beginning. c� CD a.O cn CO PROFESSIONAL TITLE OF INDIAN RIVER, INC. 1546 N. U.S. 1 • SEBASTIAN, FLORIDA 32958 (407) 589 -3232 • (407) 589 -3231 • FAX (407) 589 -3233 January 12, 1993 City of Sebastian PO Box 780127 Sebastian, FL 32978 -0127 Re: Purchase of Lots 1 and 2. Block 2, Hardee's Subdivision No. B Our file No. P- 14693 Dear Customer: Enclosed please find the following items regarding the above - described property purchase: 1. Original recorded Warranty Deed ( X) 2. Owner's 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 enclosed policy to reflect the total value of the home. Be advised that if upon construction, you neglect to endorse this policy, 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, yo.0 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. It has been a pleasure being of service to you and we look forward to being able to meet your future title insurance needs. Sincerely, K. :ey ®Commonwealth® Land Title Insurance Company OWNER'S POLICY OF TITLE INSURANCE POLICY NUMBER ibS- 199214 SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS CONTAINED IN SCHEDULE B AND THE PROVISIONS OF THE CONDITIONS AND STIPULATIONS HEREOF, COMMONWEALTH LAND TITLE INSURANCE COMPANY, a Pennsylvania corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the amount of insurance stated in Schedule A, and cost, attorneys' fees and expenses which the Company may become obligated to pay hereunder, sustained or incurred by the insured by reason of: 1. Title to the estate or interest described in Schedule A being vested otherwise than as stated therein; 2. Any defect in or lien or encumbrance on such title; 3. Lack of a right of access to and from the land; or 4. Unmarketability of such title. IN WITNESS WHEREOF, the Commonwealth Land Title Insurance Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers, the Policy to become valid when countersigned by an authorized officer or agent of the Company. COMMONWEALTH LAND TITLE INSURANCE COMPANY Attest: / G 8y �� Secretary President EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy: 1. (a) Governmental police power. (b) Any law, ordinance or governmental regulation relating to environmental protection. (c) Any law, ordinance or governmental regulation (including but not limited to building and zoning ordinances) restricting or regulating or prohibiting the occupancy, use or enjoyment of the land, or regulating the character, dimensions or location of any improvement now or hereafter erected on the land, or prohibiting a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part. (d) The effect of any violation of the matters excluded under (a), (b) or (c) above, unless notice of a defect, lien or encumbrance resulting from a violation has been recorded at Date of Policy in those records in which under state statutes deeds, mortgages, lis pendens, liens or other title encumbrances must be recorded in order to impart constructive notice to purchasers of the land for value and without knowledge; provided, however, that without limitation, such records shall not be construed to include records in any of the offices of federal, state or local environmental protection, zoning, building, health or public safety authorities. 2. Rights of eminent domain unless notice of the exercise of such rights appears in the public records at Date of Policy. 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 and not shown by the public records but known to the insured claimant either at Date of Policy or at the date such claimant acquired an estate or interest insured by this policy and not disclosed in writing by the insured claimant to the Company prior to the date such insured claimant became an insured hereunder; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the estate or interest insured by this policy. American Land Title Association Owner's Policv - 1970 - Form B (Rev. 10 -17 -70 and 10-17 -84) Form 1005-96 Face Page ORIGINAL Valid Only If Schedules A, B and Cover Are Attached CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS The following terms when used in this policy mean: (a) "insured ": the insured named in Schedule A, and, subject to any rights or defenses the Company may have had against the named insured, those who succeed to the interest of such insured by operation of law as distinguished from purchase including, but not limited to, heirs, distributees, devisees, survivors, personal representatives, next of kin, or corporate or fiduciary successors. (b) "insured claimant ": an insured claiming loss or damage hereunder (c) "knowledge ": actual knowledge, not constructive knowledge or no- tice which may be imputed to an insured by reason of any public records. (d) "land ": the land described, specifically or by reference in Schedule A, and improvements affixed thereto which by law constitute real property; provided, however, the term "land" does not include any property beyond the lines of the area specifically described or referred to in Schedule A, nor any right, title, interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterways, but nothing herein shall modify or limit the extent to which a right of access to and from the land is insured by this policy. (e) "mortgage ": mortgage, deed of trust, trust deed, or other security instrument. (f) "public records ": those records which by law impart constructive notice of matters relating to said land. 2. CONTINUATION OF INSURANCE AFTER CONVEYANCE OF TITLE The coverage of this policy shall continue in force as of Date of Policy in favor of an insured so long as such insured retains an estate or interest in the land, or holds an indebtedness secured by a purchase money mortgage given by a purchaser from such insured, or so long as such insured shall have liability by reason of covenants of warranty made by such insured in any transfer or conveyance of such estate or interest; provided, however, this policy shall not continue in force in favor of any purchaser from such insured of either said estate or interest or the indebtedness secured by a purchase money mortgage given to such insured. 3. DEFENSE AND PROSECUTION OF ACTIONS — NOTICE OF CLAIM TO BE GIVEN BY AN INSURED CLAIMANT (a) The Company, at its own cost and without undue delay, shall provide for the defense of an insured in all litigation consisting of actions or proceed- ings commenced against such insured, or a defense interposed against an insured in an action to enforce a contract for a sale of the estate or interest in said land, to the extent that such litigation is founded upon an alleged defect, lien, encumbrance, or other matter insured against by this policy. (b) The insured shall notify the Company promptly in writing (i) in case any action or proceeding is begun or defense is interposed as set forth in (a) above, (ii) in case knowledge shall come to an insured hereunder of any claim of title or interest which is adverse to the title to the estate or interest, as insured, and which might cause loss or damage for which the Company may be liable by virtue of this policy, or (iii) if title to the estate or interest, as insured, is rejected as unmarketable. If such prompt notice shall not be given to the Company, then as to such insured all liability of the Company shall cease and terminate in regard to the matter or matters for which such prompt notice is required; provided, however, that failure to notify shall in no case prejudice the rights of any such insured under this policy unless the Company shall be prejudiced by such failure and then only to the extent of such prejudice. B 1005 -7 (c) The Company shall have the right at its own cost to institute and without undue delay prosecute any action or proceeding or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest as insured, and the Company may take any appropriate action under the terms of this policy, whether or not it shall be liable thereunder, and shall not thereby concede liability or waive any provision of this policy.; (d) Whenever the Company shall have brought any action or interposed a defense as required or permitted by the provisions of this policy, the Company may pursue any such litigation to final determination by a court of competent jurisdiction and expressly reserves the right, in its sole discretion, to appeal from any adverse judgment or order. (e) In all cases where this policy permits or requires the Company to prosecute or provide for the defense of any action or proceeding, the insured hereunder shall secure to the Company the right to so prosecute or provide defense in such action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of such insured for such purpose. Whenever requested by the Company, such insured shall give the Company all reasonable aid in any such action or proceeding, in effecting settlement, securing evidence, obtaining witnesses, or prosecuting or defending such action or proceeding, and the Company shall reimburse such insured for any expense so incurred. 4. NOTICE OF LOSS — LIMITATION OF ACTION In addition to the notices required under paragraph 3(b) of these Condi- tions and Stipulations, a statement in writing of any loss or damage for which it is claimed the Company is liable under this policy shall be furnished to the Company within 90 days after such loss or damage shall have been determined and no right of action shall accrue to an insured claimant until 30 days after such statement shall have been furnished. Failure to furnish such statement of loss or damage shall terminate any liability of theCompany under this policy as to such loss or damage. S. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS The Company shall have the option to pay or otherwise settle for or in the name of an insured claimant any claim insured against or to terminate all liability and obligations of the Company hereunder by paying or tendering payment of the amount of insurance under this policy together with any costs, attorney's fees and expenses incurred up to the time of such payment oK tender of payment, by the insured claimant and authorized by the Company. 6. DETERMINATION AND PAYMENT OF LOSS (a) The liability of the Company under this policy shall in no case exceed the least of: ( i) the actual loss of the insured claimant; or ( ii) the amount of insurance stated in Schedule A. (b) The Company will pay, in addition to any loss insured against by this policy, all costs imposed upon an insured in litigation carried on by the Company for such insured, and all costs, attorneys' fees and expenses in litigation carried on by such insured with the written authorization of the Company. (c) When liability has been definitely fixed in accordance with the condi- tions of this policy, the loss or damage shall be payable within 30 days thereafter. Conditions and Stipulations Continued Inside Cover Issued with Policy No. SCHEDULE A Policy No. 165 - 199274 Effective Date: 92 DEC 30 PM 2.24 File Number P -14693 Amount of Insurance: $ 5,850. 00 1. Name of Insured: CITY OF SEBASTIAN Commonwealth Land Title Insurance Company 2. The estate or interest in the land described herein and which is covered by this policy is a fee simple (if other, specify same) and is at the effective date hereof vested in the named insured as shown by instrument recorded in Official Records Book 0958 Page 0926 , of the Public Records of Indian River County, Florida. 3. The land referred to in this policy is described as follows: Lots 1 and 2, Block 2 (lying West of the new R/W for U.S. Highway #1), Hardee's Subdivision No. "B ", according to the Plat thereof on file in the Office of the Circuit Court in and for St. Lucie County, Florida recorded in Plat Book 4, Page 74, said land situate, lying and being in Indian River County, Florida., and more particularly described on attached exhibit. Countersigned: American Land Title Association Owner's Policy Schedule A Form 1021 -11 Authorized Officer or Agent ORIGINAL SCHEDULE B File Number P -14693 Policy No. 165- 199274 This policy does not insure against loss or damage by reason of the following exceptions: 1. Taxes for the year 1992 and taxes or assessments which are not shown as existing liens by the public records or which may be levied or assessed subsequent to the date hereof. 2. Rights or claims of parties in possession not shown by the public records. 3. Encroachments, overlaps, boundary line disputes, and any other matters which would be disclosed by an accurate survey and inspection of the premises. 4. Easements or claims of easements not shown by the public records. 5. 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. 6. Any claim that any part of said land is owned by the State of Florida by right of sovereignty, and riparian rights, if any. 7. Subject to Right of way for U.S. Highway #1. 8. Personal property is neither guaranteed nor insured. 9. This policy does not insure against county and /or municipal improvement liens which are not recorded in the Official Records of subject county. 10. Assessments and /or improvement liens, pending and certified. 11. Any lien provided by Chapter 159, Florida Statutes, in favor of any city, town, village or port authority for unpaid service charges for service by any water, sewer or gas system supplying the insured land. 12. General exceptions X62 and X65 shall be deleted. ALTA Owner's Policy Schedule B Form 1005 -92 ORIGINAL Schedule B of this Policy consists of Pages CONDITIONS AND STIPULATIONS (Continued) 7. LIMITATION OF LIABILITY No claim shall arise or be maintainable under this policy (a) if the Company, after having received notice of an alleged defect, lien or encumbrance insured against hereunder, by litigation or otherwise, removes such defect, lien or encumbrance or establishes the title, as insured, within a reasonable time after receipt of such notice; (b) in the event of litigation until there has been a final determination by a court of competent jurisdiction, and disposition of all appeals therefrom, adverse to the title, as insured, as provided in paragraph 3 hereof; or (c) for liability voluntarily assumed by an insured in settling any claim or suit without prior written consent of the Company. 8. REDUCTION OF LIABILITY All payments under this policy, except payments made for costs, attorneys' fees and expenses, shall reduce the amount of the insurance pro tanto. No payment shall be made without producing this policy for endorsement of such payment unless the policy be lost or destroyed, in which case proof of such loss or destruction shall be furnished to the satisfaction of the Company. 9. LIABILITY NONCUMULATIVE It is expressly understood that the amount of insurance under this policy shall be reduced by any amount the Company may pay under any policy insuring either (a) a mortgage shown or referred to in Schedule B hereof which is a lien on the estate or interest covered by this policy, or (b) a mortgage hereafter executed by an insured which is a charge or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a payment under this policy. The Company shall have the option to apply to the payment of any such mortgages any amount that otherwise would be payable hereunder to the insured owner of the estate or interest covered by this policy and the amount so paid shall be deemed a payment under this policy to said insured owner. 10. APPORTIONMENT If the land described in Schedule A consists of two or more parcels which are not used as a single site, and a loss is established affecting one or more of said parcels but not all, the loss shall be computed and settled on a pro rata basis.as if the amount of insurance under this policy was divided pro rata as to the value on Date of Policy of each separate parcel to the whole, exclusive of any improvements made subsequent to Date of Policy, unless a liability or value has otherwise been agreed upon as to each such parcel by the Company and the insured at the time of the issuance of this policy and shown by an express statement herein or by an endorsement attached hereto. 11. SUBROGATION UPON PAYMENT OR SETTLEMENT Whenever the Company shall have settled a claim under this policy, all right of subrogation shall vest in the Company unaffected by any act of the insured claimant. The Company shall be subrogated to and be entitled to all rights and remedies which such insured claimant would have had against any person or property in respect to such claim had this policy not been issued, and if requested by the Company, such insured claimant shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect such right of subrogation and shall permit the Company to use the name of such insured claimant in any transaction or litigation involving such rights or remedies. If the payment does not cover the loss of such insured claimant, the Company shall be subrogated to such rights and remedies in the proportion which said payment bears to the amount of said loss. If loss should result from any act of such insured claimant, such act shall not void this policy, but the Company, in that event, shall be required to pay only that part of any losses insured against hereunder which shall exceed the amount, if any, lost to the Company by reason of the impairment of the right of subrogation. 12. LIABILITY LIMITED TO THIS POLICY This instrument together with all endorsements and other instruments, if any, attached hereto by the Company is the entire policy and contract between the insured and the Company. Any claim of loss or damage, whether or not based on negligence, and which arises out of the status of the title to the estate or interest covered hereby or any action asserting such claim, shall be restricted to the provisions and conditions and stipulations of this policy. No amendement of or endorsement to this policy can be made except by writing endorsed'hereon or attached hereto signed by either the President, a Vice President, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company. 13. NOTICES, WHERE SENT All notices required to be given the Company and any statement in writing required to be furnished the Company shall be addressed to Commonwealth Land Title Insurance Company, Eight Penn Center, Philadelphia, Pennsylvania 19103. NM 1 American Land Title Association Owner's Policy - 1970 - Form B (Rev. 10 -17 -70 and 10- 17 -84) Cover Page Form 1005 -8 Valid Only If Schedules A and B Are Attached ISSUED FROM THE OFFICE OF PROFESSIONAL TITLE OF INDIAN RIVER, INC. 1546 North U.S. Highway 1 Sebastian, Florida 32958 Phone: (407) 589 -3231 American Land Title Association Owner's Policy — Form B — 1970 (Rev. 10 -17 -70 and 10- 17 -84) POLICY OF TITLE INSURANCE Issued By Commonwealth Land Title Insurance Company B- 1005 -8 Title Insurance Since 1876 HOME OFFICE EIGHT PENN CENTER PHILADELPHIA,PA 19103 ; 6 31S. RANGE 39E PHA ,1 J I 4 2 5 2 3 6 3 12 I I 10 �j� 9 8 7 'fS 6 5 4 3 2 BLOCK A GOV. L BLOCK C BLOCK B -N 1 BLOCK D BLOCK E _1L4 INF NC TWP 30S 1�MIDDLETON TWP 31S U 2 SUBDIVISION 0 �O cS Vi I NO 1 .7, MR. 0�0 t ,HARDEE \SEE ENLARGED PT. OF GOV. LOT 5 CARROLL ROBERTS SUBDIVISION GOV. LOT 4 kn \Ist ADDITION TO I `CITY OF SEBAS' 3 4 REPLAT OF 2 BRADDOCK S, 3 4 \� 92- `f5 0M2- -t -- -NN�'N� co ►� N M �} �n tb r acs 0 O — NNNNNNNNMM t ,HARDEE \SEE ENLARGED PT. OF GOV. LOT 5 CARROLL ROBERTS SUBDIVISION GOV. LOT 4 kn \Ist ADDITION TO I `CITY OF SEBAS' 3 4 REPLAT OF 2 BRADDOCK S, 3 4 \� 92- `f5 FRE SE , FALLACE , NASH & T ORPy, P. A. ATTORNEYS AT LAW GARY B. FRESEt JAMES H. FALLACE CHARLES IAN NASH* VINCENT G. TORPY. JR RICHARD E. TORPY GREGORY S. HANSEN J. PATRICK ANDERSON LAURA L. ANDERSON WILLIAM A GRIMM OF COUNSEL January 24, 1992 Michael L. Hudkins, CPA Finance Director CITY OF SEBASTIAN P.O. Box 780127 Sebastian, FL 32978 -0127 930 S. HARBOR CITY BLVD. SUITE 606 MELBOURNE, FLORIDA 32901 (407) 984 -3300 Re: Proposed gift of real estate by Anna Pappas Our File No. 92 -7835 Dear Michael: FAX (407) 951 -3741 t BOARD CERTIFIED IN TAXATION 'BOARD CERTIFIED IN ESTATE PLANNING AND PROBATE In response to your letter to me of January 21, 1992, it is my opinion that the following steps should be taken in connection with the generous offer by Anna Pappas to donate a parcel of land located within the city limits of the City of Sebastian to the City of Sebastian: 1) A determination by staff, to be passed upon by the City Council, as to whether the subject real property would be a benefit to the City of Sebastian; 2) Whether there is any possibility that the subject real property could have any type of environmental pollution or contaminants located thereon or therein; 3) Whether the acceptance of the gift of the subject real property could require any unusual or extraordinary expenditures by the City to secure the subject real property or to prevent anyone from being injured due to any hazards existing on or with respect to the subject real property; 4) The amount of real estate taxes owed with respect to the subject real property to any governmental agency or entity; and Michael L. January 24, Page 2 i""' Hudkins, CPA 1992 5) Whether the prospective donor, Ms. Anna Pappas, has marketable title to the subject real property and has capacity to make a gift. If all of my concerns are resolved favorably for the benefit of the City of Sebastian by both the staff and the City Council, then the final procedural steps should be taken: 1) The subject real property should be surveyed; 2) Our office would obtain a title commitment relative to the subject real property; 3) Our law firm would prepare the appropriate warranty deed for Ms. Anna Pappas to sign to transfer the subject real property to the City of Sebastian; and 4) An agreement would need to be entered into determining who would pay for the ad valorem taxes and other assessments and liens then in existence with respect to the subject real property. I would also recommend that in conjunction with the first portion of the procedure outlined in the beginning of this letter, some type of determination should be made relative to establishing the current fair market value for the subject real property. If you require any additional information or direction from me, please do not hesitate to contact me. Very truly yours, FRZESIAN�NASH CE, NASH & TORPY, P.A. CH CIN /lcr cc: Robert S. McClary, City Manager