Jannett Spence Lawsuit Against Eric Readon.
Jannett Spence Lawsuit Against Eric Readon.
Jannett Spence Lawsuit Against Eric Readon.
Defendant.
VERIFIED COMPLAINT
(Demand for Jury Trial)
LLC: ERIC D. READON. SR.: JOSEPH RILEY and LAKEISHA READON and alleges the
following:
1. This is an action to cancel Warranty Deed. Quit Clain Deed and Affidavit
recorded against real property in equity and pursuant to Fla. Stat. 689.01 and Fla. Stat. 817.535
and for darnaues that exceeds S15,000.00 exclusive of interest and costs.
2. Venue is proper in Broward County, Florida where the cause of action arose in
that the real property which is the subject of this action is situated in the Town of Davie. Broward
County. Florida.
Page 1 of l b
*** FILED: BROWARD COUNTY. FL BRENDA D. FORMAN, CLERK 2/27/2019 7:39:20 AM.****
PARTIES
"SPENCE") is and has been a resident of Broward County. Florida at least six months prior to
as WORLDWIND) is a Florida Limited Liability Company doing business in Florida with its
principal place of business located at 2005 NW 192 Terrace, Miami Gardens, Florida 33056.
The Court has personal jurisdiction over the defendant Pursuant to Florida Statute §48.193(1 )(a):
referred to as BLACK RAIN) is a Florida Limited Liability Company doing business in Florida
with its principal place of business located at 2125 NW 155 Street. Opa Locka, Florida 33054,
The Court has personal jurisdiction over the defendant Pursuant to Florida Statute §48.193(1)(a);
6. At all times relevant. Defendant ERIC D. READON. SR. is and has been a
resident of Miami-Dade County. Florida at least six months prior to the filing of this action. upon
information and belief. Defendant is not in active military duty in any Branch of the United
7. At all times relevant. Defendant JOSEPH RILEY. is and has been a resident of
Miami-Dade County. Florida at least six months prior to the filing of this action, upon
information and belief, Defendant is not in active military duty in any Branch of the United
Page 2 of 16
8. At all times relevant. Defendant LAKEISFIA READON. is and has been a
resident of Miami-Dade County, Florida at least six months prior to the filing of this action. upon
information and belief. Defendant is not in active military duty in any Branch of the United
STATEMENT OF FACT
9. At all times relevant Plaintiff SPENCE was the legal owner of the property
located at 12455 SW 20 Street, Town of Davie. in Broward County. Florida with the following
legal description:
A Portion of Parcel "A" of' the "Miele-Simonson Estates", according to the Plat thereof as
recorded in Plat Book 167, Page 27 of the Public Records of Broward County. Florida. Said
lands being more particularly described as follows:
A/K/A Lot 17
10. At all times relevant Defendant WORLDWIND holds itself out as a real estate
11. At all times relevant. Defendants ERIC READON. and LAKEISHA RILEY were
and are the managers and/or legal representatives of Defendant WORLD WIND with authority to act
in all capacity on behalf of Defendant WOR LD WIND. (See Florida Department of Corporation
to purchase the property referenced above signed by one of Its authorized agent and legal
signature to the sales and purchase agreement. (See copy of Sales and Purchase Agreement
15. Following the execution of the contact and only days before the scheduled closing,
Defendant ERIC READON approached SPENCE and advised that he had planned to get money
from an equity line in an amount of 1.2 million dollars and asked it' SPENCE could hold a small
mortgage for about 30 days. SPENCE agreed that she would be willing to hold a small mortgage of
$400. 000 and that the Defendant would have to brine $1. 350.000.00 to the table. Defendant
REA DON advised that he would get the additional funds from his partner "Carlos- . who later
became known to SPENCE as Carlos Martin Vega. who is apparently a mortgage lender.
16. SPENCE and ERIC READON met at ERIC READONS attorney's office several
times and advised the attorney Andrew Kassier the terms of the agreement that would be an
addendum to the purchase and sales agreement. Attorney Kassier simultaneously memorialize the
17. On or about January 17 or 18. 2019 ERIC READON contacted SPENCE and advised
his funds were ready and waiting and he was ready to close the deal that he and SPENCE should
meet at his attorney's office. This was on a Saturday and when it was time to si2Il the documents no
one was at the attorney Kassierss office to notarize the documents. ERIC READON insisted that we
End a notary because he wanted to schedule the closing for January 25. 2019. ERIC READON and
SPENCE went to a UPS store in Miami-Dade County and SPENCE executed the Deed and gave it
Pave 4 01' 16
to ERIC READON and he executed the mortQage and note in favor of SPENCE for S400.000 and
gave it to SPENCE. ERIC READON thereafter refused to sign the agreement telling SPENCE it was
not necessary at as the closing would be scheduled for January 25. 2019 and he had signed the note
and mortgage. ERIC READON also advised SPENCE that he would send an email to the Title
Company the next day advising them to schedule the closing for that Friday January 25. 2019. On
January 20. 2019 ERIC READON did in fact send the email to Martha and copy SPENCE on the
18. Once ERIC READON got the Deed from SPENCE he and his Co-Defendants
fraudulently altered the Deed by having an individual by the name of Barbara Ni. Williams add
her name and sian the Deed as a witness. The altered Deed was recorded on January 22. 2019
under Instrument #115565512. (See Certified copy of the altered Deed attached hereto as
Exhibit D).
19. The Warranty Deed signed by SPENCE was not witnessed by any Barbara M.
Williams and SPENCE does not know a Barbara Ni. Williams. nor have SPENCE ever met anyone
by the name Barbara M. Williams. (See True Copy of Deed signed by Spence attached hereto as
Exhibit E)
20. SPENCE became aware on the altered Deed on February 23. 2019. when SPENCE
decided she had to file suit for the return of her Deed. Upon review of the recorded Warranty Deed
SPENCE notice the addition ofa witness by the name of Barbara M. Williams that was hand written
11. Plaintiff SPENCE did not know the purported wit' ess. have never met Barbara
M. Williams and knew that no one named Barbara M. Williams witnessed her signature.
rage n 01 10
11. The Warrant:‘,.' Deed recorded under Instrument #I15565512 identified above is
Void on its face and should be cancelled pursuant to Fla. Stat. 689.01 as it failed to contain the
/3. The Deed is also void on its face due to the fraudulent name and signature of
witness Barbara Williams that was added to the Deed subsequent to its execution without the
24. At all times relevant Defendant BLACK RAIN holds itself out as a real estate
15. Al all times relevant. Defendants ERIC READON. JOSEPH RILEY and
LAK.EISHA RILEY were and are the managers and/or legal representatives of Defendant
BLACK RAIN with authority to act in all capacity on behalf of Defendant BLACK RAIN.
26. Subsequent to recording the illegally altered Warranty Deed. on January 22. 2019
a Quit Claim Deed on January 21. 2019 to an attempt to transfer title of the property to
/7. The purported Quit Claim deed was recorded on January 22. 2019 under
(See copy of the two purported Quit Claim Deed attached here as Composite Exhibit F).
/8. At the time Defendant JOSEPH RILEY signed the Purported Quit Claim deed to
an attempt to transfer title to BLACK RAIN. he was not listed on Florida Department of State
Pa(.2,.e 6 of 16
7 9. The purported Quit Claim Deed although recorded in Brow ard County Public
Records failed to effectively transfer title to BLACK RAIN in that the purported Quit Claim
30. Further. pursuant to the agreement of the Parties. WORLD WIND was specifically
prohibited from assigning the contract or transferring title of the property to any other person or
31. At the time of the transfer to BLACK RAIN. BLACK RAIN was listed as an
inactive LLC on Florida department of corporation (Sun Biz). On February 20, 2019 it appears
that Defendant JOSEPH RILEY reactivated that company. (See Sun Biz record attach hereto
as Exhibit G).
32. Once ERIC READON and his Co-Defendants had possession of the Decd. it
became apparent that the defendants had no intentions of honoring the agreement and paying the
initial Sl. 350.000. ERIC READ( )N began contacting all of SPENCE lenders asking them to
reduce their pa) off and telling them that once he closes the first transaction he will pay them the
rest of the monies within weeks. While ERIC READON was the lenders he will come hack and
pay them. he was calling SPENCE and telling her he was not going to pay any mortgages that
were not recorded against the propert). SPENCE contacted her lenders and advised what ERIC
READON and he Co-Defendants intentions were as ERIC READON had made it absolutely
clear he would only pay the loans based on the amount recorded at public records. in other words
he had no intentions of payint the agreed upon sales price for the house. lie thereafter began
telling SPENCE the house was his. threatened SPENCE and her children and told SPENCI-: she
was harassing him that he will get a restraining order against her among other things when
Page 7 of 16
SPFNCE asked if he and his Co-Defendants intended to close the transaction.
LAKE SHIA READON and JOSEPH RILEY acting in concert caused an Affidavit to be recorded
against the property on December 20. 2018 under Instrument 4 11551647C). claiming that they and
SPENCE had entered into a management agreement on -November 20. 2018. That affidavit was a
fraud and contained false information as there were no such agreement between SPENCE and any of
the Defendants in this action as dealings with the parties were a sale and purchase agreement.
SPENCE did not become aware of that affidavit until sometime in February 2019 when the
transaction did not close on January 25. 2019 as promised and SPENCE looked at public records and
34. All condition precedent to the filing of this action has been met andlor waived.
COUNT!
CAUSE OF ACTION
Action to Cancel and/or Rescind Warranty Deed
Pursuant to Florida Statute 689.01
35. Plaintiff SPENCE re-alleges paragraphs 1 through 34 as though fully set forth
36. This is an Action to Cancel and/or Rescind a Warranty )eed Pursuant to Fla. Stat.
37. On or about January 19. 2019. Plaintiff SPENCE executed a Warranty Deed in.
favor of Defendant WORLD WIND that was given to Defendant ERIC READON to be recorded
in anticipation of a closing which Defendant ERIC READON told SPENCE was scheduled for
Pages of 16
38. 'The Deed that was executed by SPENCE contained a defect in that there was
only one subscribing witness on the Deed at the time of execution and as such the Deed was void
and should be cancelled Pursuant to Fla. Stat. 689.01. (See copy of Deed executed by Spence
39. SPENCE never executed a new Deed to correct the defect nor did she authorize
40. At some point between January 19. 2019 and January 22. 2019 Defendants
WORLD WIND. ERIC READON, JOSEPH RILEY and LAKESIA READON acting in concert
and/or with knowledae and consent caused a Deed to be recorded in Public records of Broward.
County on January 22. 2019 under instrument number that purports to be the Deed executed by
41. The Deed that was recorded was a fraudulent Deed in that it contained a witness
by the name of Barbara M. Williams that was hand written onto the Deed. SPENCE does not
know anyone by the name Barbara M. Williams and no one by the name of Barbara M. Williams
4/. The Deed executed by SPENCE was illegally altered in that the purported witness
Barbara M. Williams was added after the fact without the knowledge and consent of SPENCE
and recorded in Broward Counts Public Records in Violation of Florida Statute 817.535 which
prohibits the recording of any documents that was the product of fraud to be recorded against real
43. SPENCE has contacted Defendants ERIC D. READON. SR.: JOSEPH RILEY
and LAKEISHA READON and has requested that they sign over the property to SPENCE, but
Pale 9 of 16
they have all refused to do so as Defendant WORLD WIND has failed to comply with the terms
of the sale contract and SPENCE is indebted to her lenders and need to sell the property to pay
those loans.
44. As a result of their Breach coupled with their Fraud couple and their refusal to
sign the property back over to SPENCE, Plaintiff. SPENCE has suffered irreparable harm and
continues to suffer harm in that SPENCE cannot sell the property to another prospective buyer to
RE.A.DON has failed to comply with the terms of the sale and purchase agreement and has failed
46. SPENCE has retained the undersigned law firm and is obligated to pay them a
reasonable fee for their services in this matter. SPENCE is entitled to recover its attorneys' fees
from the Defendants pursuant to Statute, the contract and the inherent powers of the Court under
Moakley v. Smallwood.
47. Plaintiff gives notice of her intent to seek punitive damages against all defendants.
the Warranty Deed to WORLD WIND as the Deed was defective in that it failed to comply with the
requirements of Fla. Stat. 689.01. cancelling the purported Quit Claim Deed to BLACK RAlN and
returning title of the property back to SPENCE; awardinp, attorney's fees and cost for SPENCE
having to file this law suit and as the prevailing party pursuant to the agreement of the parties any
and all other remedy the Court deems just and proper.
Pa2e 10 of 16
COUNT 11
CAUSE OF ACTION
To Cancel Warrant% Deed for Fraud on the Warranty Deed
Pursuant to Fla. Stat. 817.535
48. Plaintiff SPENCE re-alleges paragraphs I through 34 as though fully set forth
49. This is an Action to Cancel and/or Rescind a Warran y Deed for fraud on the
Warranty Deed against Defendants WORL WIND. BLACK RAIN: ERIC READON. JOSEPH
RILEY. and LAKE1SHA READON and to remove the cloud on title created by he Affidavit
recorded on December 20. 2018 under Instrument #I15516479 by WORLW ND: ERIC
READON. JOSEPH RILEY. and LAKEISHA READON by pursuant to Fla. Stat. 817.535.
50. On or about January 19. 2019. Plaintiff SPENCE executed a Warranty Deed in
favor of Defendant WORLDWIND that was given To Defendant ERIC READON to be recorded
in anticipation of a closing which Defendant ERIC READON told SPENCE he would ask to be
schedule for January 25. 2019 at Investment Trust Title in Miami Lakes Florida since his funding
was ready. See copy of Email from Eric Readon to Investment Trust to Schedule Closing)
51. The Deed that was executed by SPENCE contained a defect in that the Deed only
5/. SPENCE never executed a new Deed to correct the defect and never authorize
53. The Deed that was recorded was a fraudulent and/or forged Deed in that it
contained a witness by the name of Barbara M. Williams that was hand written onto the Deed
subsequent to its execution by SPENCE. SPENCE does not know anyone named Barbara M.
Page 11 of 16
Williams and no named of Barbara M. Williams was present when the Deed was executed by
SPENCE.
54. The Deed executed by SPENCE was illegally altered in that the purported witness
Barbara M. Williams was added after the fact without the knowledge and consent of SPENCE
and recorded in Broward County Public Records in Violation of Florida Statute 817.535 which
prohibits the recording of any documents that was the product of fraud to be recorded against real
55. SPENCE has contacted Defendants ERIC D. READON: JOSEPH RILEY and
LAKEISHA READON and has requested that they sign over the property to SPENCE. but they
have all refused to do so as Defendant WORLDW1ND has failed to comply with the terms of the
sale contract and SPENCE is indebted to her lenders and need to sell the property to pay those
I oans.
56. As a result of their breach coupled with their Fraud and their refusal to sign the
property back over to SPENCE. SPENCE has suffered irreparable harm and continues to suffer
harm in that SPENCE cannot sell the property to another prospective buyer and SPENCE is still
57. SPENCE has retained the undersigned law firm and is obligated to pay them a
reasonable fee for their services in this matter. SPENCE is entitled to recover its attorneys fees
from the Defendants pursuant to Statute. the contract and the inherent powers of the Court under
Moakley V. Smallwood.
58. Plaintiff gives notice of her intent to seek punitive damages against all defendants.
Paue 12 of 16
the Warranty Deed to WORLD WIND and the Subsequent Quit Claim Deed to Defendant BLACK
RAIN and cancelling the Affidavit recorded under Instrument# and returning title of the property
back to SPENCE: awarding attomey's fees and cost as sanction and as the prevailing party any and
COUNT III
CAUSE OF ACTION
Fraud in the Inducement
59. Plaintiff SPENCE re-alleges paragraphs 1 through 34 as though fully set forth
60. This is an Action to Cancel and/or Rescind a Warranty Deed for Fraud in the
BI ACK RAIN: JOSEPI I RILEY and LAKEN IA READON for a common purpose of obtaining
t 1 falsely told SPENCE on January 19. 201Q in front of his Attorney Andrew
Kassier. that he had the funds and was ready to close and that he needed the Deed to
record so he can schedule the closing for FridaN Januar. 25. 201q:
(2) at the time ERIC READON made the statement that he had the funds and was
ready to close and that he would have the closing scheduled for Friday January 25. 2019
IT RI(. KIT...ADO\ utd I-us Lo-Delendants knew that statement -was false:
(3) FRI( READON made the statement in order to induce SPENCE to Live him
the \N arrant', Deeci Nelievini2 that a closing kkould take place on January 25. 2019: and.
4) SPENCE actint in reliance of the false statements gave ERIC READON the Deed and
Page 13 of 16
has been injured in that to date there has been no closing. SPENCE'S lender has not been paid
LAKEISHA READON fraud SPENCE has been harm. the harm is continuing and will until
63. SPENCE has retained the undersigned law -firm and is obligated to pay them a
reasonable fee for their services in this matter. SPENCE is entitled to recover its attorneys' fees
from the Defendants pursuant to Statute, the contract and the inherent powers of the Court under
Moakley v. Smallwood.
64. Plaintiff gives notice of her intent to seek punitive damages against all defendants.
the Warranty Deed to WORLDWIND and the Subsequent Quit Claim Deed to Defendant BLACK
RAIN and cancelling the Affidavit recorded under Instrument# and returning title of the property
back to SPENCE; awarding attorney's fees and cost as sanction and as the prevailing party any and
COUNT IV
CAUSE OF ACTION
65. Plaintiff SPENCE re-alleges paragraphs 1 through 34 as though fully set forth
66. This is an Action for Brach of Contract against WORE WIND. ERIC READON,
Page 14 of 16
JOSEPH RILEY. and LAKEISHA READO and BLACK RAIN.
67. On or about November 30. 2018, SPENCE and WORLDWIND entered into a Sales
and Purchase agreement for purchase of the property located at 12455 SW 20 Street. Davie Florida
69. SPENCE has complied with all requirements under the agreement.
70. WORLDWIND has failed and/or has refused to comply with its obligation under the
contract in that WORLDWIND has refuse or is unwilling to close so that SPENCE'S lenders can be
JOSEPH RILEY and LAKEISHA RILEY and they have failed and/or refused to honor the contract
and have ignored SPENCE'S the many request to return the Deed back to SPENCE
77. As a result of WORLD WIND and Its Co Defendants' breach SPENCE has been
damaged in that SPENCE'S lenders have not been paid. SPENCE continues to be responsible for the
mortgages and other loans owed to her lender and SPENCE has suffered damages ofS . 750. 000.00.
73. SPENCE has retained the undersigned law firm and is obligated to pay them a
reasonable fee for their services in this matter. SPENCE is entitled to recover its attorneys' fees
WHEREFORE. JANNETT E. SPENCE respectfully requests that the Court enter an Order
Ending that defendant WORLD WIND and Its Co-Defendants ERIC READON. BLACK RAIN;
JOSEPH RILEY and LAKEISHA READON breached the sales and purchase agreement with
SPENCE: are jointly and severally liable to SPENCE for compensatory damages in the amount
Page 15 of!
SI. 750. 000.00 along with all accrued interest. fees and penalties incurred by SPENCE: all other
actual. liquidated and consequential damages; and any other damages incurred as a result of the
breach. together with attorneys fees. costs, interest, and such other relief as this court deems
appropriate.
PlaintiffJANNETT E. SPENCE demands trial by jury of all issues triable as a matter of right.
VERIFICATION
Pursuant to Fla. R. Civ. P. 1.115(e)
I, JANNETT E. SPENCE, the Plaintiff in the above-entitled action, have read the
foregoing Complaint and know the contents thereof. The same is true of my own
knowledge, except as to those matters which are therein alleged on information and belief,
and as to those matters, I believe it to be true.
declare under penalty of perjury that I have read the foregoing and the facts alleged
therein are true and correct to the best of my knowledge and belief.
,
/
Jadhett E. Spenc:ti
ii
Respectfully Submitted.
Page 16 of 16
2126/2019 De a! by Entity Name
?"--- • ,1
FARROW. JAY
4801 S. UNIVERSITY DRIVE
SUITE 132
DAVIE, FL 33328
Title MGR
http:/isearch.sunbrz..orgArlquirylCorporationSearchISearchResultDetail?inquirytype.EntityName&directionType=lnitial&searchNarneOrder=WORLDWI... 1,2
2126;2019 Detail by Entity Name
Title MGR
READON, LAKEISHA
2005 NORTHWEST 192 TERRACE
MIAMI GARDENS, FL 33056
A..01111_41 RgPor_ta
Docurn_e. nt images
The above named entity suornits this statement for the purpose of changing its registered office or registered agent, or born, in the State of Florida.
Address 2005 NORTHWEST 192 TERRACE Address 2005 NORTHWEST 192 TERRACE
I hercO, cenqy that the informaGon indicated on Pms report or suopiemental -.apart is tnre and accurate and that my eiectronec signature snail nave the same legat effect as,! made under
oaM met ; am a managing member or manager of the imbtao habdity company or Me recewer or trustee empowered to execute this report as required by Chapter 605, Ronda Statutes; and
!hetrama aPP,4ars *now or on an arracnmem with ail other , ,ke empowered.
Article II
The street address of the principal office of the Limited Liability Company is:
2005 NW 192ND TERRACE
N11A.N416.-\ !WENS,IT 056
Article III
other provisions, if any:
INVESTMENTS
Article IV
The name and Florida street address of the registered agent is:
FARROW LAW. P.A..
4801 S. NIVERSITY DRIVE
SUITE 132
D.AVIE. FF. 33325
'hiving. been named as registered agent and to accept service of process for the above stated limited
liability company at the place designated in this certificate. I hereby accept the appointment as registered
agent and agree to act in this capacity. I further agree to comply with the provisions of all statutes
relating to die proper and complete performance of my duties, and I am familiar with and accept the
obligations of my position as registered agent.
Registered Agent Signature: JAY FARROW
Article V L17000250998
FILED 8:00 AM
The name and address of person(s) authorized to manage LLC: December 07, 2017
Title: MGR Sec. Of State
ERIC D READON SR.
cmwood
2005 NORTHWEST 192 TERRACE
MIAMI GARDENS, FE. 33056
NIOR
LAKEISHA READON
2005 NORTI1WES'I 192 TERRACE
MIAMI GARDENS, FL. 33056
Article VI
The etketive date Cor this limited IAL-thility Company shall he:
14..0 7:20 1 7
Signature of member or an authorized representative
Electronic Signature: ERIC READON
I am the member or authorized representative submitting these Articles of Organization and affirm that the
facts stated herein are true. I am aware that false information submitted in a aocum;mt to the Department
of State constitutes a third degree felony as provided Ibr in s. 17.155. RS. I understand the requirement to
file an annual report between January 1 .st and May 1st in the calendar year ftillowing formation of the Elk'
and every year flier-caller to maintain "active" status.
EXHIBIT
DocuS,gn Envelope ID.. F3783102-057F-43E3-8731-840A7A642834
27* (a) Initial deposit to he held in escrow in the amount of (checks subject to COLLECTION) .......S I CS c•-_,CC , 60
28 The initial deposit made payable and delivered to "Escrow Agent- named below
29- (CHECK ONE): (OE] accompanies offer or (01111 is to be made within 7 (if left
la blank, then 3) days after Effective Date. IF NEITHER BOX IS CHECKED, THEN
OPTION (ii) SHALL BE DEEMED SE EOT .._.
Escrow Agent Information: Name: 1 t 4-Lt. $ e_SCITYY\).
,4rni
34" Phone:. "_i4OPi k.b„..76 E -ma i OA c:c., rn Fax.
35' (b) Additional deposit to be delivered to Escrow Agent within (if left blank, then 10)
days after Effective Date
(All deposits paid or agreed to be paid, are collectively referred to as the "Deposit")
(c) Financing' Express as a dollar amount or percentage ("Loan Amount") see Paragraph 8
39- (d) Other:
(e) Balance to close (not including Buyer's closing costs. prepaids and prorations) by wire
trE.-nsfer or other COLLECTED funds S ; LtSC
4:' NOTE: For the definition of "COLLECTION" or "COLLECTED" see STANDARD S.
4:I 3. TIME FOR ACCEPTANCE OF OFFER AND COUNTER-OFFERS; EFFECTIVE DATE:
(a) If not signed by Buyer and Seller, and an executed copy delivered to all parties on or before
45' • this offer shall be deemed withdrawn and the Deposit. if any, shall be returned
45 to Buyer Unless otherwise stated, time for acceptance of any counter-offers shall be within 2 days after the
47 day the counter-offer is delivered.
48 (di Ube effective date of Inis Contract shall be the date when the last one of the Buyer and Seller has signed or
45. initialed and delivered this offer or final counter-offer ("Effective Date").
4. CLOSING DATE: Unless modified by other provisions of this Contract, the closing of this transaction shall occur
and the closing docuRe9ts re - u(red t9be furnished by each party pursuant lo this Contract shall ha delivered
Closing") on ii .) 113
I C. / , ("Closing Date'), at the time established by the Closing Agent.
98' Buyer shall make mortgage loan application for the Financing within (if left blank, then 5) days after
99 Effective Date and use good faith and diligent effort to obtain a written loan commitment for the Financing ("Loan
on Commitment') and thereafter to close this Contract. Buyer shall keep Seller and Broker fully informed about the
131 status of mortgage loan application and Loan Commitment and authorizes Buyer's mortgage broker and Buyer's
ito lender to disclose such status and progress to Seller and Broker.
103
134 Upon Buyer's receipt of Loan Commitment. Buyer shall provide written notice of same to Seller. If Buyer does not
'Os receive Loan Commitment by Loan Commitment Date, then thereafter either party may cancel this Contract up to
106 the earlier of:
107 (I.) Buyer's delivery of written notice to Seller that Buyer has either received Loan Commitment or elected
108 to waive the financial Contingency of this Contract or
los (ii.) 7 days prior to the Closing Date specified in Paragraph 4, which date, for purposes of this Paragraph
eic 8(b) (ii), shall not he modified by Paragraph 5(a),
If either party timely cancels this Contract pursuant to this Paragraph 8 and Buyer is not in default under the terms
112 of this Contract, Buyer shall be refunded the Deposit thereby releasing Buyer and Seller from all further
112 obligations under this Contract. If neither party has timely canceled this Contract pursuant to this Paragraph 8,
114 then this financing contingency shall be deemed waived by Buyer.
115 If Buyer delivers written notice of receipt of Loan Commitment to Seller and this Contract does not thereafter
116 close, the Deposit shall be paid to Seller unless failure to close is due to: (1) Seller's default: (2) Property related
117 conditions of the Loan Commitment have not been met (except when such conditions are waived by other
115, prOVIS,Ort5 of this Contract): (3) appraisal of the Property obtained by Buyer's lender is insufficient to meet terms
115, of the Loan Commitment: or (4) the loan is not funded due to financial failure of Buyer's lender, in which event(s)
the Deposit shall be returned to Buyer, thereby releasing Buyer and Seller from all further obligations under this
121 Contract.
122' rj (e) Assumption of existing mortgage (see rider for terms),
123' (d) Purchase money note and mortgage to Seller (see riders: addenda: or special clauses for terms).
124 CLOSING COSTS, FEES AND CHARGES
125 9. CLOSING COSTS; TITLE INSURANCE; SURVEY; HOME WARRANTY; SPECIAL ASSESSMENTS:
1, 6 (a) COSTS TO BE PAID BY SELLER:
127 • Documentary stamp taxes and surtax on deed. if any • HONCondominium Association estoppel fees
12,? • Owner's Policy and Charges (if Paracraph 9(c) (i) is checked) - Recording and other fees needed to cure title
129 • Title search charges (if Paragraph 9(c) (iii) is checked) Seller's attorneys. fees
130' • Municipai lien search (if Paragraph 9(c) (i) or (iii) is checked) • Other:
1S1 If, prior to Closing, Seller is unable to meet the AS IS Maintenance Requirement as required by Paragraph 11
132 a sum equal to 125% of estimated costs to meet the AS IS Maintenance Requirement shall be escrowed at
133 Closing. If actual costs to meet the AS IS Maintenance Requirement exceed escrowed amount. Seller shall
134 pay such actual costs. Any unused portion of escrowed amount(s) shall be returned to Seller.
13b ()) COSTS TO BE PAID BY BUYER:
136 • Taxes and recording fees on notes and mortgages • Loan expenses
137 • Recording fees for deed and financing statements • Appraisal fees
'Se • Owner's Policy and Charges (if Paragraph 9(c)(ii) is checked) • Buyer's Inspections
139 • Survey (and elevation certification, if required) • Buyer's attorneys' fees
140 • Lender's title policy and endorsements . All property related insurance
• HOA/Condominium Association appkationitransfer fees • Owner's Policy Premium (if Paragraph
• .:2 • Municipal lien search (if Paragraph 9(c) (ii) is checked) 9 (c) (iii) is checked.)
743' • Other:
'44' (r.) TITLE EVIDENCE AND INSURANCE: At least (if left blank. then 15. or if Paragraph 8(a) is checked.
145 then 5) days prior to Closing Date (Title Evidence Deadline"), a title insurance commitment issued by a
146 Florida licensed title insurer, with legible copies of instruments listed as exceptions attached thereto ("Title
147 Commitment') and. after Closing, an owner's policy of title insurance (see STANDARD A for terms) shall be
obtained and delivered to Buyer. If Seller has an owner's policy of title insurance covering the Real Property,
149 a copy shall be furnished to Buyer and Closing Agent within 5 days after Effective Date. The owner's title
15:7, policy premium, title search and closing services (collectively. -Owner's Policy and Charges-) shall be paid, as
151 Set forth below. The title insurance premium charges for the owner's policy and any lender's policy will be
152 calculated and allocated in accordance with Florida law, but may be reported differently on certain federally
mandated closing disclosures and other closing documents.
154 (CHECK ONE):
155' • 0 ) Seller shall designate Closing Agent and pay for Owner's Policy and Charges, and Buyer shall pay the
156 premium for Buyer's lender's policy and charges for closing services related to the lender's policy.
1,37 endorsements and loan closing, which amounts shall be paid by Buyer to Closing Agent or such other
156 gt,•ovider(s) as Buyer may select: or
159. L • (ii) Btri er shall designate Closing Agent and pay for Owner's Policy and Charges and charges for closing
services related to Buyer's lender's policy, endorsements and loan closing, or
+Sr Le; (iii) [MIAMI-DADE/BROWARD REGIONAL PROVISION]: Seller shall furnish a copy of a prior owner's
152 policy of title insurance or other evidence of title and pay fees Ice (Al a continuation or update of such title
163 evidence, which is acceptable to Buyer's title insurance underwriter for reissue of coverage; (B) tax search;
154 and (C) municipal lien search. Buyer shall obtain and pay for post-Closing continuation and premium for
165. Buyer's owner's policy, and if applicable, Buyer's lender's policy. Seller shall not be obligated to pay more
than $ (if left blank, then 5200.00) for abstract continuation or title search ordered or
167 performed by Closing Agent.
(d) SURVEY: On or before Title Evidence Deadline, Buyer may, at Buyer's expense, have the Real Property
169 surveyed and certified by a registered Florida surveyor ("Survey"). If Seller has a survey covering the Real
17rj Property, a copy shall be furnished to Buyer and Closing Agent within 5 days after Effective Date.
(e) HOME WARRANTY: At Closing. E.
Buyer Seller E il N/A shall pay for a home warranty plan issued by
172- at a cost not to exceed $ . A home
173 warranty plan provides for repair or replacement of many of a home's mechanical systems and mt-ior built-in
174 appliances in the event of breakdown due to normal wear and tear during the agreement's warranty period.
7s (f) SPECIAL ASSESSMENTS: At Closing, Seller shall pay: (i) the full amount of liens imposed by a public body
-75 ("public body" does not include a Condominium or Homeowner's Association) that are certified, confirmed and
77 ratified before Closing; and (ii) the amount of the public body's most recent estimate or assessment for an
improvement which is substantially complete as of Effective Date, but that has not resulted in a lien being
imposed on the Property before Closing. Buyer shall pay all other assessments. If special assessments may
'80 be pad in installments (CHECK ONE):
1_, (a) Seller shall pay installments due prior to Closing and Buyer shall pay installments due after Closing.
Installments prepaid or due for the year of Closing shall be prorated.
183- J (b) Seller shall pay the assessment(s) in full prior to or at the time of Closing.
184 IF NEITHER BOX IS CHECKED, THEN OPTION (a) SHALL BE DEEMED SELECTED.
185 This Paragraph 9(f) shall not apply to a special benefit tax lien imposed by a community development district
166 (ODD) pursuant to Chapter 190, F.S., which lien shall be prorated pursuant to STANDARD K.
187 DISCLOSURES
56 10. DISCLOSURES:
189 (a) RADON GAS: Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in
190 sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that
1 91 exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding
192 radon and radon testing may he obtained from your county health department.
(b) PERMITS DISCLOSURE: Except as may have been disclosed by Seller to Buyer in a written disclosure,
1 94 Seller Goes not know of any improvements made to the Property which were made without required permits
195 or made pursuant to permits which have not been properly closed.
199 (0) MOLD: Mold is naturally occurring and may cause health risks or damage to property. If Buyer is concerned
hr desires additional information regarding mold. Buyer should contact an appropriate professional.
198 (d) FLOOD ZONE; ELEVATION CERTIFICATION: Buyer is advised to verify by elevation certificate which flood
199 zone the Property is in. whether flood insurance is required by Buyer's lender, and what restrictions apply to
200 improving the Property and rebuilding in the event of casualty. If Property is in a "Special Flood Hazard Area
20" or 'Coastal Barrier Resources Acr designated area or othemvise protected area identified by the U.S. Fish
202 and Wildlife Service under the Coastal Barrier Resources Act and the lowest floor elevation for the building(s)
203 and for flood insurance rating purposes is below minimum flood elevation or is ineligIble for flood insurance
204 coverage through the National Flood Insurance Program or private flood insurance as defined in 42 U.S.C.
205 §4012a. Buyer may terminate this Contract by delivering written notice to Seller within (if left blank,
206' then 20) days after Effective Date, and Buyer shall be refunded the Deposit thereby releasing Buyer and
Seller from all further obligations under this Contract, failing which Buyer accepts existing elevation of
208 buildings and flood zone designation of Property. The National Flood Insurance Program may assess
209 additional fees or adjust premiums for pre-Flood Insurance Rate Map (pre-FIRM) non-primary structures
210 (residential structures in which the insure() or spouse does not reside for at least 50% of the year) and an
211 elevation certificate may be requirec.., for actuarial rating,
212 (a) ENERGY BROCHURE: Buyer acknowledges receipt of Florida Energy-Efficiency Rating Information
.?1,1 Brochure required by Section 553.996. F.S.
214 (f) LEAD-BASED PAINT: If Property includes pre-1978 residential housing. a lead-based paint disclosure is
215 mandatory.
2'6 (g) HOMEOWNERS' ASSOCIATION/COMMUNITY DISCLOSURE: BUYER SHOULD NOT EXECUTE THIS
217 CONTRACT UNTIL BUYER HAS RECEIVED AND READ THE HOMEOWNERS'
218 ASSOCIATION/COMMUNITY DISCLOSURE, IF APPLICABLE.
219 h) PROPERTY TAX DISCLOSURE SUMMARY: BUYER SHOULD NOT RELY ON THE SELLER'S CURRENT
PROPERTY TAXES AS THE AMOUNT OF PROPERTY TAXES THAT THE BUYER MAY BE OBLIGATED
221 TO PAY IN THE YEAR SUBSEQUENT TO PURCHASE, A CHANGE OF OWNERSHIP OR PROPERTY
222 IMPROVEMENTS TRIGGERS REASSESSMENTS OF THE PROPERTY THAT COULD RESULT IN
223 HIGHER PROPERTY TAXES. IF YOU HAVE ANY QUESTIONS CONCERNING VALUATION, CONTACT
224 THE COUNTY PROPERTY APPRAISER'S OFFICE FOR INFORMATION.
225 (i) FIRPTA TAX WITHHOLDING: Seller shall inform Buyer in writing if Seller is a "foreign person" as defined by
226 the Foreign investment in Real Property Tax Act ("FIRPTA"). Buyer and Seller shall comply with FIRPTA,
227 which may require Seller to provide additional cash at Closing. If Seller is not a "foreign person", Seller can
72R. provide Buyer, at or prior to Closing, a certification of non-foreign status, under penalties of perjury. to inform
229 Buyer and Closing Agent that no withholding is required. See STANDARD V for further information pertaining
230 to FIRPTA. Buyer and Seller are advisee to seek legal counsel and tax advice regarding their respective
231 rights, obligations, reporting and withholding requirements pursuant to FIRPTA.
232 Ij) SELLER DISCLOSURE: Seller knows of no facts materially affecting the value of the Real Property which
are not readily observable and which have not been disclosed to Buyer. Except as provided for in the
2.34 preceding sentence. Seller extends and intends no warranty and makes no representation of any type, either
:35 express or implied, as to the physical condition or history of the Property. Except as otherwise disclosed in
230 'writ] ng Seller has received no written or verbal notice from any governmental entity or agency as to a
237 currently uncorrected building, environmental or safety code violation.
738 PROPERTY MAINTENANCE, CONDITION, INSPECTIONS AND EXAMINATIONS
239 11. PROPERTY MAINTENANCE: Except for ordinary wear and tear and Casualty Loss. Seller shall maintain the
240 Property, including, but not limited to, lawn, shrubbery, and pool, in the condition existing as of Effective Date ("AS
241 IS Maintenance Requirement").
( "
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271 (d) ASSIGNMENT OF REPAIR AND TREATMENT CONTRACTS AND WARRANTIES: At Buyer's option and
272 cost, Seller will, at Closing, assian all assignable repair, treatment and maintenance contracts and warranties
273 to Buyer,
274 ESCROW AGENT AND BROKER
275 13. ESCROW AGENT: Any Closing Agent or Escrow Agent (collectively "Agent") receiving the Deposit, other funds
and other items is authorized, and agrees by acceptance of them, to deposit them promptly. hold same in escrow
277 within the State of Florida and, subject to COLLECTION, disburse them in accordance with terms and conditions
278 of this Contract. Failure of funds to become COLLECTED shall not excuse Buyer's performance. When conflicting
279 demands for the Deposit are received, or Agent has a good faith doubt as to entitlement to the Deposit, Agent
28i) may take such actions permitted by this Paragraph 13, as Agent deems advisable. If in doubt as to Agent's duties
251 or liabilities under this Contract, Agent may, at Agent's option, continue to hold the subject matter of the escrow
2S2 until the parties agree to its disbursement or until a final judgment of a court of competent jurisdiction shall
283 determine the rights of the parties, or Agent may deposit same with the clerk of the circuit court having jurisdiction
284 of the dispute. An attorney who represents a party and also acts as Agent may represent such party in such
285 action. Upon notifying all parties concerned of such action, all liability on the part of Agent shall fully terminate.
255 except to the extent of accounting for any items previously delivered out of escrow. If a licensed real estate
287 broker, Agent will comply with provisions of Chapter 475. P.S., as amended and FREC rules to timely resolve
288 escrow disputes through mediation, arbitration, interpleader or an escrow disbursement order.
2S9 Any proceeding between Buyer and Seller wherein Agent is made a party because of acting as Agent hereunder,
79e or in any proceeding where Agent interpleads the subject matter of the escrow, Agent shall recover reasonable
291 attorney's fees and costs incurred, to be paid pursuant to court order out of the escrowed funds or equivalent.
292 Agent shall not he liable to any party or person for mis-delivery of any escrowed items, unless such mis-delivery is
293 due to Agent's willful breach of this Contract or Agents gross negligence. This Paragraph 13 shall survive Closing
294 or termination of this Contract.
295 14. PROFESSIONAL ADVICE; BROKER LIABILITY: Broker advises Buyer and Seller to verify Property condition,
296 square footage. and all other facts and representations made pursuant to this Contract and to consult appropriate
297 professionals for lecal, tax, environmental, and other specialized advice concerning matters affecting the Property
198 and the transaction contemplated by this Contract. Broker represents to Buyer that Broker does not reside on the
29c3 Property ard that all representations (oral, written or otherwise) by Broker are based on Seller representations or
300 public records. BUYER AGREES TO RELY SOLELY ON SELLER, PROFESSIONAL INSPECTORS AND
GOVERNMENTAL AGENCIES FOR VERIFICATION OF PROPERTY CONDITION, SQUARE FOOTAGE AND
302 FACTS THAT MATERIALLY AFFECT PROPERTY VALUE AND NOT ON THE REPRESENTATIONS'(ORAL,
.303 WRITTEN OR OTHERWISE) OF BROKER, Buyer and Seller (individually. the "indemnifying Party") each
394 individually indemnities, holds harmless, and releases Broker and Broker's officers directors, agents and
employees from all liability for loss or damage, including all costs and expenses, and reasonable attorney's fees
at all levels, suffered or incurred by Broker and Broker's officers, directors, agents and employees in connection
3D • with or arising from claims, demands or causes of action instituted by Buyer or Seller based on: (i) inaccuracy of
information provided by the Indemnifying Party or from public records; (ii) Indemnifying Party's misstatement(s) or
failure to perform contractual obligations; (iii; Broker's performance. at Indemnifying Party's request, of any task
beyond the scope of ser-\,iices regulated by Chapter 475, F.S., as amended. including Broker's referral,
211 recommendation or retention of any vendor for, or on behalf of Indemnifying Party; (iv) products or services
312 provided by any such vendor for, or on behalf of, Indemnifying Party: and iv) expenses incurred by any such
313 vendor. Buyer and Seller each assumes full responsibility for selecting and compensating their respective vendors
and paying their other costs under this Contract whether or not this transaction closes. This Paragraph 14 will not
reiieve Broker of statutory obligations under Chapter 475. F.S.. as amended. For purposes of this Paragraph 14,
.316 Broker will be treated as a party to this Contract. This Paragraph 14 shall survive Closing or termination of this
Contract.
:15 DEFAULT AND DISPUTE RESOLUTION
319 15. DEFAULT:
120 la) BUYER DEFAULT: if Buyer fails, neglects or refuses to perform Buyer's obligations under this Contract,
21 includino payment of the Deposit. within the time(s) specified, Seller may eject to recover and retain the
.327 Deposit for the account of Seller as agreed upon liquidated damages, consideration for execution of this
Contract, and in full settlement of any claims. whereupon Buyer and Seller shall be relieved from all further
224 obligations under this Contract, or Seller. at Seller's option. may, pursuant to Paragraph 16. proceed in equity
.!2.3 to enforce Seller's rights under this Contract. The portion of the De.posit, if any, paid to Listing Broker upon
326 default by Buyer, shall be split equally between Listing Broker and Cooperating Broker: provided however,
327 Cooperating Broker's share shall not be greater than the commission amount Listing Broker had agreed to
328 pay to Cooperating Broker.
329 (b) SELLER DEFAULT: if for any reason other than failure of Seller to make Seller's title marketable after
330 reasonable diligent effort, Seller fails, neglects or refuses to perform Seller's obligations under this Contract,
331 Buyer may elect to receive return of Buyer's Deposit without thereby waiving any action for damages resulting
332 from Seller's breach, and. pursuant to Paragraph 16, may seek to recover such damages or seek specific
233 performance.
334 This Paragraph 15 shall survive Closing or termination of this Contract.
235 16, DISPUTE RESOLUTION: Unresolved controversies, claims and other matters in question between Buyer and
336 Seller arising out of, or relating to. this Contract or its breach, enforcement or interpretation ("Dispute") will be
337 settled as follows:
338 (a) Buyer and Seller will have 10 days after the date conflicting demands for the Deposit are made to attempt to
335 resolve such Dispute. fairing which. Buyer and Seller shall submit such Dispute to mediation under Paragraph
340 16(b).
341 (bit Buyer and Seller shall attempt to settle Disputes in an amicable manner through mediation pursuant to Florida
:142 Rules for Certified and Court-Appointed Mediators and Chapter 44, F.S.. as amended the "Mediation Rules").
343 The mediator must be certified or must have experience in the real estate industry. Injunctive relief may be
344 sought without first complying with this Paragraph 16(b). Disputes not settled pursuant to this Paragraph 16
'145 may be resolved by instituting action in the appropriate court having junsdiction of the matter, This Paragraph
346 16 shall survive Closing or termination of this Contract.
347 17. ATTORNEY'S FEES; COSTS: The parties will split equally any mediation fee incurred in any mediation permitted
345 by this Contract, and each party will pay their own costs, expenses and fees, including attorney's fees, ;ncurred in
349 conducting the mediation. In any litigation permitted by this Contract, the prevailing party shall be entitled to
350 recover from the non-prevailing party costs and fees, including reasonable attorney's fees, incurred in conducting
the litigation. This Paragraph 17 shall survive Closing or termination of this Contract.
S62 STANDARDS FOR REAL ESTATE TRANSACTIONS ("STANDARDS")
353 18. STANDARDS:
354 A. TITLE:
355 n) TITLE EVIDENCE; RESTRICTIONS; EASEMENTS; LIMITATIONS; 'Within the time period provided in
356 Paragraph 9(c). the Title Commitment, with legible copies of instruments listed as exceptions attached thereto,
257 shall be issued and delivered to Buyer. The Title Commitment shall set forth those matters to be discharged by
Seller at or before Closing and shall provide that. upon recording of the deed to Buyer. an owner's policy of title
359 insurance in the amount of the Purchase Price. shall be issued to Buyer insuring Buyer's marketable title to the
36(1 Real Property, subject only to the following matters: (a) comprehensive land use plans, zoning, and other land
361 use restrictions, prohibitions and requirements imposed by governmental authority: (b) restrictions and matters
362 appearing on the Plat or otherwise commen to the subdivision: (c) outstanding oil, gas and mineral rights of
363 record without right of entry: (d) unplatted public utility easements of record (located contiguous to real property
364 lines and not more than 10 feet in width as to rear or front lines and 7 1/2 feet in width as to side lines): (e) taxes
355 for year of Closing arid subsequent years: and (f) assumed mortgages and purchase money mortgages, if any (if
7,66 additional items, attach addendum); provided, that, none prevent use of Property for RESIDENTIAL PURPOSES.
367 If there exists at Closing any violation of items identified in (b) — (f) above, then the same shall be deemed a title
defect. Marketable title shall be determined according to applicable Title Standards adopted by authority of The
Florida Bar and in accordance with law,
3 7C, fill TITLE EXAMINATION: Buyer shall have 5 days after receipt of Title Commitment to examine it and notify
371 Seller in writing specifying defect(s), if any, that render title unmarketable. If Seller provides Title Commitment and
3 72 it is delivered to Buyer less than 5 days prior to Closing Date, Buyer may extend Closing for up to 5 days after
date of receipt to examine same in accordance with this STANDARD A. Seller shall have 30 days ("Cure Period")
374 after receipt of Buyer's notice to take reasonable diligent efforts to remove defects. if Buyer fails to so notify
375 Seller, Buyer shall be deemed to have accepted title as it then is. if Seller cures defects within Cure Penod, Seller
3 76 will deliver written notice to Buyer (with proof of cure acceptable to Buyer and Buyer's attorney) and the parties
3 77 will close this Contract on Closing Date (or if Closing Date has passed. within 10 days after Buyer's receipt of
3 78 Seller's notice). If Seller is unable to cure defects within Cure Period. then Buyer may, within 5 days after
expiration of Cure Period, deliver written notice to Seller (a) extending Cure Period for a specified period not to
exceed 120 days within which Seller shall continue to use reasonable diligent effort to remove or cure the defects
:181 (-Extended Cure Period"): or (b) electing to accept title with existing defects and close this Contract on Closing
382 Date cr if Closing Date has passed, within the earlier of 10 days after end of Extended Cure Period or Buyer's
383 receipt of Seller's notice), or (c) electing to terminate this Contract and receive a refund of the Deposit, thereby
334 releasing Buyer and Seller from all further obligations under this Contract. If after reasonable diligent effort, Seller
385 is unable to timely cure defects, and Buyer does not waive toe defects, this Contract shall terminate, and Buyer
?Ski shall receive a reCund of the Deposit, thereby releasing Buyer and Seller from all further obligations under this
387 Contract
B. SURVEY: If Survey discloses encroachments on the Real Property or that improvements located thereon
389 encroach on setback lines, easements, or lands of others, or violate any restrictions, covenants, or applicable
390 governmental regulations described in STANDARD A (i)(a). (b) or (0) above, Buyer shall deliver written notice of
391 such matters, together with a copy of Survey. to Seller within 5 days after Buyer's receipt of Survey, but no later
392 than Closing. If Buyer timely delivers such notice and Survey to Seller, such matters identified in the notice and
2113 Survey shall constitute a title defect, subject to cure obligations of STANDARD A above. If Seller has delivered a
394 poor survey. Seller shall, at Buyer's request, execute an affidavit of -no change" to the Real Property since the
'395 preparation of such prior survey, to the extent the affirmations therein are true and correct.
396 C. INGRESS AND EGRESS: Seller represents that there is ingress and egress to the Real Property and title to
397 the Real Property is insurable in accordance with STANDARD A without exception for lack of legal right of
398 access.
39.9 D. LEASE INFORMATION: Seller shall, at least 10 days prior to Closing, furnish to Buyer estoppel letters from
400 tenant(s)/occupant(s) specifying nature and duration of occupancy, rental rates, advanced rent and security
4G1 deposits paid by tenant(s) or occupant(s)(“Estoppel L e.tter(s)"). If Seller is unable to obtain such Estoppel Letter(s)
the same information shall be furnished by Seller to Buyer within that time period in the form of a Seller's affidavit
403 and 'Buyer may thereafter contact tenant(s) or occupant(s) to confirm such information. If Estoppel Letterts) or
404 Sellers affidavit, if any. differ materially from Seller's representations and lease(s) provided pursuant to
4os Paragraph 6, or if tenant(s)/occupant(s) fail or refuse to confirm Seller's affidavit, Buyer may deliver written notice
itoe to Seller within 5 days after receipt of such information, but no later than 5 days prior to Closing Date, terminating
.07 this Contract and receive a refund of the Deposit, thereby releasing Buyer and Seller from all further obligations
under this Contract. Seller shall, at Closing, deliver and assign all leases to Buyer who shall assume Seller's
409 obligations thereunder.
4.a0 E. LIENS: Seller shall furnish to Buyer at Closing an affidavit attesting (i) to the absence of any financing
411 statement. Claims of lien or potential lienors known to Seller and (ii) that there have been no improvements or
repairs to the Real Property for 90 days immediately preceding Closing Date. If the Real Property has been
413 improved or repaired within that time, Seller shall deliver releases or waivers of construction liens executed by all
14 general contractors, subcontractors, suppliers and materialmen in addition to Seller's lien affidavit setting forth
415 names of all such general contractors, subcontractors, suppliers and matenalmen, further affirming that all
41i5 charges for improvements or repairs which could serve as a basis for a construction lien or a claim for damages
4'17 have been paid or will be paid at Closing.
418 F. TIME: Calendar days shall be used in computing time periods. Time is of the essence in this Contract.
419 Other than time for acceptance and Effective Date as set forth in Paragraph 3. any time periods provided for or
420 dates specified in this Contract, whether preprinted. handwritten, typewritten or inserted herein, which shall end or
421 Occur on a Saturday. Sunday, or a national legal holiday (see 5 U.S.C. 6103) shall extend to 5:00 p.m. ovhere the
422 Property is located) of the next business day.
423 G. FORCE MAJEURE: Buyer or Seller shall not be required to perform any obligation under this Contract or be
-424 liable to each other for damages so long as performance or non-performance of the obligation is delayed, caused
425 or prevented by Force Majeure. "Force Majeure" means: hurricanes, earthquakes. floods, fire, acts of God,
426 unusual transportation delays, wars. insurrections. and acts of terrorism, and which, by exercise of reasonable diligent
427 effort, the non-performing party is unable in whole or in part to prevent or overcome. All time periods. including
Closing Date, will be extended for the period that the Force Majeure prevents performance under this Contract,
429 provided. howeven if such Force Majeure continues to prevent performance under this Contract more than 14
43r2 days beyond Closing Date, then either party may terminate this Contract by delivering written notice to the other
431 and the Deposit shall be refundec to Buyer. thereby releasing Buyer and Seller from all further obligations under
432 this Contract.
433 H. CONVEYANCE: Seller shall convey marketable title to the Real Property by statutory warranty, trustee's,
434 personal representative's, or guardian's deed, as appropriate to the status of Seller, subject only to matters
described in STANDARD A and those accepted by Buyer. Personal Property shall, at reieuest of Buyer, be
transferred by absolute bill of sale with warranty of title. subject only lo such matters as may be provided for in
437 this Contract.
438 I. CLOSING LOCATION; DOCUMENTS; AND PROCEDURE:
0.—
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43P (i) LOCATION: Closing will take place in the county where the Real Property is located at the office of the
140 attorney or other closing agent ("Closing Agent") designated by the party paying for the owner's policy of title
44 , insurance or, if no title insurance, designated by Seller. Closing may be conducted by mail or electronic means.
442 (1i) CLOSING DOCUMENTS: Seller shall at or prior to Closing, execute and deliver, as applicable, deed, bill of
443 sale, certificate(s) of title or other documents necessary to transfer title to the Property, construction lien affidavit
444 (s), owner's possession and no lien affidavit(s), and assignment(s) of leases. Seller shall provide Buyer with paid
eos receipts for all work done on the Property pursuant to this Contract. Buyer shall furnish and pay far, as applicable
446 the survey, flood elevation certification, and documents required by Buyer's lender.
447 (III) PROCEDURE: The deed snail be recorded upon COLLECTION of all closing funds. If the Title Commitment
448 provides insurance against adverse matters pursuant to Section 627.7841, F.S., as amended, the escrow closing
449 procedure required by STANDARD J shall be waived, and Closing Agent shall, subject to COLLECTION of all
450 closing funds, disburse at Closing the brokerage fees to Broker and the net sale proceeds to Seller.
451 J. ESCROW CLOSING PROCEDURE: If Title Commitment issued pursuant to Paragraph 9(c) does not provide
452 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following
453 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent
454 for a period of not more than 10 days after Closing: (2) if Seller's title is rendered unmarketable. through no fault
4 55 of Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days
456 from date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect. the Deposit
457 and all Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and,
dse simultaneously with such repayment. Buyer shall return the Personal Property, vacate the Real Property and re-
459 convey the Property to Seller by special warranty deed and bill of sale: and (4) if Buyer fails to make timely
4.60 demand for refund of the Deposit, Buyer shall take title as is. waiving all rights against Seller as to any intervening
defect except as may be available to Buyer by virtue of warranties contained in the deed or bill of sale.
462 K. PRORATIONS; CREDITS: The following recurring items will be made current (if applicable) and prorated as
46s of the day prior to Closing Date, or date of occupancy if occupancy occurs before Closing Date: real estate taxes
(including special benefit tax assessments imposed by a ODD), interest, bonds. association fees, insurance, rents
46S and other expenses of Property. Buyer shall have option of taking over existing policies of insurance, if
466 assumable, in which event premiums shall be prorated. Cash at Closing shall be increased or decreased as may
467 be required by prorations to be made through day prior to Closing. Advance rent and security deposits, if any, will
468 be credited to Buyer. Escrow deposits held by Seller's mortgagee will be paid to Seller. Taxes shall be prorated
469 based on current year's tax with due allowance made for maximum allowable discount, homestead and ether
170 exemptions. If Closing occurs on a date when current year's millage is not fixed but current year's assessment is
471 available, taxes will be prorated based upon such assessment and prior year's millage. If current year's
472 assessment is not available, then taxes will be prorated on prior year's tax. If there are completed improvements
473 on the Real Property by January 1st of year of Closing. which improvements were not in existence on January 1s'
474 of prior year, then taxes shall be prorated based upon prior year's millage and at an equitable assessment to be
475 agreed upon between the parties, failing which, request shall be made to the County Property Appraiser for an
informal assessment taking into account available exemptions. A tax proration based on an estimate shall. at
477 either party's request, be readjusted upon receipt of current year's tax bill. This STANDARD K shall survive
479 Closing,
479 L. ACCESS TO PROPERTY TO CONDUCT APPRAISALS, INSPECTIONS, AND WALK-THROUGH: Seller
480 shall, upon reasonable notice, provide utilities service and access to Property for appra,sals and inspections.
4,31 including a walk-through (or follow-up walk-through if necessary) prior to Closing.
482 M. RISK OF LOSS: If. after Effective Date, but before Closing, Property is damaged by fire or other casualty
483 (-Casualty Loss") and cost of restoration (which shall include cost of pruning or removing damaged trees) does
454 not exceed 1.5% of Purchase Price. cost of restoration shall be an obligation of Seller and Closing shall proceed
485 pursuant to terms of this Contract If restoration is not completed as of Closing, a sum equal to 125% of estimated
486 cost tc complete restoration (not to exceed 1.5% of Purchase Price), will be escrowed at Closing. If actual cost of
restoration exceeds escrowed amount. Seller shall pay such actual costs (but. not in excess of 1.5% of Purchase
488 Price). Any unused portion of escrowed amount shall be returned to Seller. If cost of restoration exceeds 1.5% of
489 Purchase Price. Buyer shall elect to either take Property -as is" together with the 1.5%. or receive a refund of the
490 Deposit, thereby releasing Buyer and Seller from all further obligations under this Contract. Seller's sole obligation
401 with respect to tree damage by casualty or other natural occurrence shall be cost of pruning or removal.
492 N. 1031 EXCHANGE: If either Seller or Buyer wish to enter into a like-kind exchange (either simultaneously with
450 Closing or deferred) under Section 1031 of the Internal Revenue Code ("Exchange"), the other party shall
494 cooperate in all reasonable respects to effectuate the Exchange. including execution of documents; provided,
485 no).vever. cooperating party shall incur no liability or expense related to the Exchange, and Closing shall not be
495 contingent upon, nor extended or delayed by, such Exchange.
457 0. CONTRACT NOT RECORDABLE; PERSONS BOUND; NOTICE; DELIVERY; COPIES; CONTRACT
458 EXECUTION: Neither this Contract nor any notice of it shall be recorded in any public records, This Contract shall
be binding on, and inure to the benefit of. the parties and their respective heirs or successors in interest.
50L Whenever tne context permits, singular shall include plural and one gender shall include all. Notice and delivery
501 given by or to the attorney or broker (including such broker's real estate licensee) representing any party shall be
502 as effective as if given by or to that party. All notices must be in writing and may be made by mail, personal
500 delivery or electronic (including "pdt-') media. A facsimile or electronic (including "pdr) copy of this Contract and
504 any signatures hereon shall be considered for all purposes as an original. This Contract may be executed by use
606 of electronic signatures, as determined by Florida's Electronic Signature Act and other applicable laws.
5!)ii P. INTEGRATION; MODIFICATION: This Contract contains the full and complete understanding and agreement
507 of Buyer and Seller with respect to the transaction contemplated by this Contract and no prior agreements or
508 representations shall be binding upon Buyer or Seller unless included in this Contract. No modification to or
50'9 change in this Contract shall be valid or binding upon Buyer or Seller unless in writing and executed by the parties
510 intended to be bound by 1.
511 Q. WAIVER: Failure of Buyer or Seller to insist on compliance with, or strict performance of, any provision of this
512 Contract, or to take advantage of any right under this Contract, shall not constitute a waiver of other provisions or
513 rights.
514 R. RIDERS; ADDENDA; TYPEWRITTEN OR HANDWRITTEN PROVISIONS; Riders, addenda. and typewritten
515 or handwritten provisions shall control all printed provisions of this Contract in conflict with them.
516 S. COLLECTION or COLLECTED: "COLLECTION" or "COLLECTED" means any checks tendered or
517 received. including Deposits, have become actually and finally collected and deposited in the account of
515 Escrow Agent or Closing Agent. Closing and disbursement of funds and delivery of closing documents
519 may be delayed by Closing Agent until such amounts have been COLLECTED in Closing Agent's
523 accounts.
521 T. LOAN COMMITMENT: "Loan Commitment" means a statement by the lender setting forth the terms and
522 conditions upon which the lender is willing to make a particular mortgage loan to a particular borrower, Neither a
523 pre-approyal letter nor a prequalification letter shall be deemed a Loan Commitment for purposes of this Contract.
524 U. APPLICABLE LAW AND VENUE; This Contract shall be construed in accordance with the laws of the State
525 of Florida and venue for resolution of all disputes, whether by mediation, arbitration or litigation, shall lie in the
626 county where the Real Property is located.
527 V. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT ("FIRPTA"): If a seller of U.S. real property is a
528 "foreign person" as defined by FIRPTA. Section 1445 of the internal Revenue Code requires the buyer of the real
528 property to withhold up to 15% of the amount realized by the seller on the transfer and remit the withheld amount
to the Internal Revenue Service (IRS) unless an exemption to the required withholding applies or the seller has
531 obtairect a Withholding Certificate from the IRS authorizing a reduced amount of withholding. Due to the
532 complexity and potential risks of FIRPTA. Buyer and Seller should seek legal and tax advice regarding
533 compliance particularly if an "exemption' is claimed on the sale of residential property for 5300,000 or less.
534 (0 No withholding is required under Section 1445 if the Seller is not a "foreign person," provided Buyer accepts
536 proof of same from Seller which may induce Buyers receipt of certification of non-foreign status from Seller,
53E- signed under penalties of perjury. stating that Seller is not a foreign person and containing Seller's name. U.S.
537 taxpayer identification number and home address (or office address, in the case of an entity), as provided for in
535 26 CFR 1.1445-2(b). Othervvise, Buyer shall withhold the applicable percentage of the amount realized by Seller
539 on the transfer and timely remit said funds to the IRS.
540 (ii) If Seller has received a Withholding Certificate from tine IRS which provides for reduced or eliminated
541 withholding in this transaction and provides same to Buyer by Closing. then Buyer shall withhold the reduced
543 sum if any required, and timely remit said funds to the IRS.
543 (iii) If prior to Closina Seller has submitted a completed application to the IRS for a Withholding Certificate and
544 has provided to Buyer the notice required by 26 CFR 1.1445-1(c) (2)(i)(B) but no Withholding Certificate has been
545 received as of Closing. Buyer shall, at Closing, withhold the applicable percentage of the amount realized by
545 Seller on the transfer and, at Buyer's option. either (a) timely remit the withheld funds to the IRS or (b) place the
547 funds in escrow, at Seller's expense, with an escrow agent selected by Buyer end pursuant to terms negotiated
5.0 by the parties, to be subsequently disbursed in accordance with the Withholding Certificate issued by the IRS or
549 remitted directly to the IRS if the Seller's application is rejected or upon terms set forth in the escrow agreement.
55i": (iv) In the event the net proceeds due Seller are not sufficient to meet the withholding requirement(s) in this
55' transaction. Seller shall deliver to Buyer. al Closing, the additional COLLECTED funds necessary to satisfy the
552 applicable requirement and thereafter Buyer shall timely remit said funds to the IRS or escrow the funds for
disbursement in accordance with the final determination of the IRS, as applicable.
ss4 (v) Upon remitting funds to the IRS pursuant to this STANDARD, Buyer shall provide Seller copies of IRS Forms
555 8288 and 8288-A. as filed.
556 W. RESERVED
557 X. BUYER WAIVER OF CLAIMS: To the extent permitted by law, Buyer waives any claims against Seller
555 and against any real estate licensee involved in the negotiation of this Contract for any damage or
559 defects pertaining to the physical condition of the Property that may exist at Closing of this Contract and
56C, be subsequently discovered by the Buyer or anyone claiming by, through, under or against the Buyer.
561 This provision does not relieve Seller's obligation to comply with Paragraph 10(j). This Standard X shall
562 survive Closing,
563 ADDENDA AND ADDITIONAL TERMS
564 ' 19. ADDENDA: The following additicnal terms are included in the attached addenda or riders and incorporated into
565 this Contract (Check if applicable):
k Condominium Rider E K. RESERVED LII T. Pre-Closing Occupancy
Homeowners Assn. EL. RESERVED 0 U. Post-Closing Occupancy
; C. Seller Financing E M. Defective Drywall 1:11 V. Sale of Buyer's Property
Li D. Mortgage Assumption N. Coastal Construction Control Line W. Back-up Contract
E. FHA/'JA Financing E a. Insulation Disclosure Li X. Kick-out Clause
Ejl F. Appraisal Contingency P; Lead Paint Disclosure (Pre-1978) Y. Seller's Attorney Approval
L...1 G. Short Sale 0. Housing for Older Persons El Z. Buyer's Attorney Approval
7 H. Homeowners /Flood In Ei] R. Rezoning PA. Licensee Property Interest
fl J. Interest-Bearing Acct, Lease Purchase/ Lease Option Li' BB. Binding Arbitration
COUNTER-OFFER/REJECTION
58A• Li' Seller counters Buyer's offer (to accept the counter-offer. Buyer must sign or initial the counter-offered terms and
deliver a copy of the acceptance to Seller).
5;36" 7.7 Seller rejects Buyer's offer.
567 THIS IS INTENDED TO BE A LEGALLY BINDING CONTRACT. IF NOT FULLY UNDERSTOOD, SEEK THE
5a8 ADVICE OF AN ATTORNEY PRIOR TO SIGNING.
589 THIS FORM HAS BEEN APPROVED BY THE FLORIDA REALTORS AND THE FLORIDA BAR.
590 Approval of this form by the Florida Realtors and The Florida Bar does not constitute an opinion that any of the terms
591 and conditions in this Contract shcuici be accepted by the parties in a particular transaction. Terms and conditions
592 should be negotiated based upon the respective interests, objectives and bargaining positions of all interested
5.93 persons.
59= AN ASTERISK (") FOLLOWING A LINE N UM ER IN THE MARGIN INDICATES THE LINE CONTAINS A BLANK TO
595 BE COMPLETED. --- • , --
596 ,..,„----:------
.,,...--:-----7-7 ------ -
-- z .,-- .....-,— /
597 ' Buyer: _ / Date: / 7.1 42 91 :,-_,-
,
599
599 Buyer: Date:
arm
Stir Seller. Date:
9C2 •-'</z/vvf•-,
603' Seller: owner of recorW Date:
605 Buyer's address for purposes of notice (I Seller's address for purposes of notice
we,- 337 NE 59th Terrace, Miam;. FL 33137 ' ' 12455 SW 20th Street.
607'
608'
609 BROKER: Listing and Cooperating Brokers, if any, named below (collectively, "Brokerl, are the only Brokers entitled
610 to compensation in connection with this Contract. Instruction to Closing Agent Seller and Buyer direct Closing Agent
Sr to disburse at Closing the full amount of the brokerage fees as specified in separate brokerage agreements with the
612 parties and cooperative agreements between the Brokers, except to the extent Broker has retained such fees from the
613 escrowed funds. This Contract shall not modify any MLS or other offer of compensation made by Seller or Listing
61.2 Broker to Cooperating Brokers.
515-
518 Cooperating Sales Associate, if any Listing Sales Associate
617-
618 Cooperating Broker, if any Listing Broker
. ......_
Buyer's In1Di1s—
FIcr•daRealt•siPicridaBar-ASIS—Ix
----7) Page 12 of 12
Re•...2x16 '...' 2015 Floida Realors and The Ronda Ba• All r,gnis resmed
Seller's Initials 7) 6>
01789340o147-0865419
DocuSign Envelope ID F37E3102-057F-43E3-8731.840.4.7A642634
FORT LAUDERDALE
riLALTORS
Thus Addendum to the Deposit Receipt and Contract for Sale and Purchase ("Contract') is incorporated into the Contract between:
BUYER:
For purposes of this Addendum. lead-based paint will be referred to as - LBP- and lead-based paint hazards will be referred to as
- 1.BPI
Seller's Disclosure:
Seller has no knowledge of I BP and or I..BPH in the housing and n available LBP and or IBM records or reports. except as
Indicated tdescrtbe all known L8P and or L8Pll iniormanon and kg all aradable documents pertaining to LBP ambit. LBPH and
/11 ot ,i ,,::attents it. Buyer !Won: a«.epting Buyer's offi:rl:
Broker's Acknowledgment:
Broker has Informed the Seller of the Seller's obligation under 4: U.S.C. 4S52d and is aware of his:her responsibility
ti en3ore compliance
Info
Eric Readon <[email protected]> Sun, Jan 20, 2019 at 1:28 PM
To: [email protected], [email protected]
Hello MartA please do a rush title update I'm giving the green light setting clossing after I talk to Carlos for Friday also
have a Jannet in this email I will send u the address in a few thanks
https:iimail.google.comirnaillulVik=38745e351caview=p:&search=a1Mpermmsgid=msg-M3A16232050047862560398,simpl=rrsg-f%3A16232050047... 1/1
Instr# 115565512 , Page 1 of 2, Recorded 01/22/2019 at 10:37 AM
Broward County Commission
Deed Doc Stamps: $0.70
•
EXHIBIT
WARRANTY DEED
TIT'S LNDENTURE, made this 19' day of January 2019, by and between JANNETT E. SPENCE, a
single woman, whose address is P.O. Box 297461, Pembroke Pines, Florida 33029, ("Grantor"), and
WORLDWIND INVESTMENT GROUP. LLC a Florida Limited Liability Company, whose address is
2005 NAV. 192 Terrace, Miami Gardens, Florida 33056 ("Grantee"), in the state of Florida
WITNESSTII: that said Grantor, for and in consideration of the sum of 10.00 Dollars, and other valuable
considerations, lawful money of the United States of America, to the Grantee in hand paid by the Grantee,
the receipt whereof is hereby acknowledged, has remised and released, as well as quitclaim, unto the
Grantee, the Grantee's heirs and assigns forever, all the rights, title, interest and claim of the Grantor in
and to the following described ,situated, lying and being in the County of Broward, State of Florida,
to-wit:
Commence at the N.W. corner of said Parcel "A"; Thence South 00 degrees
06' 28' East along the West line of said Parcel "A', a distance of 299.35 feet
to a point on the North right of way line of S.W. 206 Street; thence North
89 degrees 47' 07" East along the said North right of way line a distance
of 954.79 feet; to the Point of beginning of the Parcel subject to this
description; thence North 89 degrees 47' 07" East a distance of 135.52 feet;
thence North 00 degrees 14' 09" West, a distance of 299.77 feet to the point
on the North boundary line of said Parcel "A"; thence South 89 degrees 45'
48" West along said North boundary line a distance of 135.52 feet; thence
South 00 degrees 14' 09" East a distance of 299.72 feet to the Point of Beginning
A/K/A Lot 17
Peer I of 2
C.9
Instr# 115565512 , Page 2 of 2, End of Document
AND GRANTOR does hereby fully warrant the title to said land subject to certain mortgages, liens, loans,
debt instruments and other encumbrances of the Grantor, whether recorded or unrecorded, and will defend
the same against the lawful claims of all persons.
To Have and to Hold the same together with all the singular appurtenances thereto belonging or in anywise
appertaining and all the estate, right, title interest, lien, equity and claim whatsoever of the said Grantor,
either in law or equity, to the only proper use benefit and behoof of the said Grantee forever.
AND SAID GRANTOR, for said Grantor, its heirs, successors, executor and administrators, covenants
with Grantee, and with their heirs and assigns, that Grantor is lawfully seized in tee simple of the said
property; that said property is free and clear from all Liens and Encumbrances, except as hereinabove set
forth, and except for taxes due for the current and subsequent years, and the recorded and unrecorded loans
and liens of Grantor, and except for any Restrictions pertaining to the property of record in the Property
office of Broward County; and that Grantor will, and its heirs, assigns and successors shall, warrant and
defend the same to said Grantee, and its heirs and assigns, forever against the lawful claims of all persons.
LN WITNESS WHEREOF, Grantor has executed this Quit Claim Deed under seal on the date aforesaid.
tz77/),
STA I E OF FLORIDA
SS
, W7R-15— )
COUNTY OF•aRC7i \LA.
*V1lkh1t D--
The foregoinLwas acknowledged before me this \ C:\ day of 1,,) C.ViljnYN , 2019 by
cVV-etr 6: 1c \ , who is personally known to ine or has produced PC, Dli\d`tr
as identification and who did take an oath. 5 152- - 25-C C-10
NO' Y PUBLIC
KYLE PATINO
My Commission Expires: Commitslon GG 253118
Expire3 Aurst 28, 2022
N,S± 207:2- !Ness!!Tu 84Vi er.N:a7 SW.=
Page 2 of 2
lrzzIN I hereby certify this document to be a true, correct and complete copy of the record filed in my office,
AA Dated:this 26,day of February, 2019 County Administrator.
• ' By / „
Deputy Clerk
This instrument prepared by:
I
Jannert E. Spence EXH I BIT
(954)607-0172
Return to:
Andrew Ni. Kassier, Esquire
Dickman Building
4500 Lejeune Road
Coral Gables, FL 33146
(305)662-1000
Kassieraaol.com
WARRANTY DEED
THIS ENDENTURE, made this 19th day of January 2019, by and between JANNETT E. SPENCE, a
single woman, whose address is P.O. Box 297461, Pembroke Pines, Florida 33029, ("Grantor"), and
WORLD-WiND TNVESTMENT GROUP, LLC a Florida Limited Liability Company, whose address is
2005 IN \' 192 Terrace, Miami Gardens, Florida 33056 ("Grantee"), in the state of Honda
WITNESSTH: that said Grantor, for and in consideration of the sum of 10.00 Dollars, and other valuable
considerations. lawful money of the United States of America, to the Grantee in hand paid by the Grantee,
the receipt whereof is hereby acknowledged, has remised and released, as well as quitclaim, unto the
Grantee. the Grantee's heirs and assigns forever, all the rights. title. interest and claim of the Grantor in
and to the following described, situated, lying and being in the Country of Broward, State of Florida,
to-wit:
Commence at the N.W. corner of said Parcel "A"; Thence South 00 degrees
06' 28' East along the West line of said Parcel "A', a distance of 299.35 feet
to a point on the North right of way line of S.W. 20" Street; thence North
89 degrees 47' 07" East along the said North right of way line a distance
of 954.79 feet; to the Point of beginning of the Parcel subject to this
description; thence North 89 degrees 47' 07" East a distance of 135.52 feet:
thence North 00 degrees 14' 09" West, a distance of 299.77 feet to the point
on the North boundary line of said Parcel "A"; thence South 89 degrees 45'
48" West along said North boundary line a distance of 135.52 feet; thence
South 00 degrees 14' 09" East a distance of 299.72 feet to the Point of Beginning
A/K/A Lot 17
Pa-le 1 of 2
AND GRANTOR does hereby fully warrant the title to said land subject to certain mortgages, liens, loans,
debt instruments and other encumbrances of the Grantor, whether recorded or unrecorded, and will defend
the same against the lawful claims of all persons.
To Have and to Hold the same together with all the singular appurtenances thereto belonging or in anywise
appertaininQ and all the estate, right, title interest, lien, equity and claim whatsoever of the said Grantor,
either in law or equity, to the only proper use benefit and behoof of the said Grantee forever.
AND SAID GRANTOR, for said Grantor, its heirs, successors, executor and administrators, covenants
with Grantee, and with their heirs and assigns, that Grantor is lawfully seized in fee simple of the said
property; that said property is free and clear from all Liens and Encumbrances, except as hereinabove set
forth, and except for taxes due for the current and subsequent years, and the recorded and unrecorded loans
and liens of Grantor, and except for any Restrictions pertaining to the property of record in the Property
office of Broward County; and that Grantor will, and its heirs, assigns and successors shall. warrant and
defend the same to said Grantee, and its heirs and assigns, forever against the lawful claims of all persons.
IN WITNESS WHEREOF. Grantor has executed this Quit Claim Deed under seal on the date aforesaid.
--
STATE OF FLORIDA
) SS
COUNTY OF B-RtYtr7RF— )
'
The foregoing was acknowledged before me this \ 12)\ day of U cxuLlf , 2019 by
y)e_nc-e L)corvi-e-k-t- e lCu v.
who is personally known to me or has produced
,
/ n-
NOVAY PUBLIC
KYLE PATIN°
Nly Commission Expires: Cisson# GG 253118
A ...) :4- Expires August 28, 2022
t og f`. oillad T7r,, BA et NoWy Sarrim
Page 2 of 2
Instr# 115592779 , Page 1 of 2, Recorded 02/04/2019 at 11:18 AM
Broward County Commission
Deed Doc Stamps: $0.70
QUIT-CLAIM DEED
THIS QUIT-CLAIM DEED executed this 02 day of February 2019 by Joseph Riley as authorized
representative for WORLDWIND INVESTMENT, LLC., whose address is 2005 N 192 Ter, Miami Gardens,
Florida 33056 (hereinafter, "Grantor"), and Black Rain City Capital investment, U.0 whose address is 2125
N W 155th Street, Miami Gardens, Florida 33054 (hereinafter, "the Grantee'.):
WITNESSETH: That said Grantor, for and in consideration of the sum of $10.00 in hand given by the second
party, the receipt whereof is hereby acknowledge, do hereby remise, release, and quit claim unto the
Grantee forever, all the right, title, interest, daim and demand which the said Grantor has in and to the
following described lot, piece or parcel of land, situated, lying and being in the County of Miami-Dade,
State of Florida, to-wit:
MELE-S1MONSON ESTATES
167-27 B PORTION OF PARCEL
A DESC AS-CONN NW COR PAR
FOUO # 50-40-14-15-0018
12455 S. W. 20th Street, Davie, Fla. 3332.5
A portion of Parcel "A" of the "Miele-Simonson Estates", according to the plat thereof as recorded in Plat
Book 167, Page 27 of the Public Records of Broward County, Florida. Said lands being more particularly
described as follows:
Commence at the N W corner of said Parcel "A"; Thence South 00 degrees 06' 28" East along the
West line of said Parcel "A", a distance of 299.35 feet to a point on the North right of way line of S. W.
20th Street, thence North 89 degrees 47'07" East along the said North right of way line a distance of 954.79
feet; to the Point of Beginning of the Parcel subject of this description; thence North89 degrees 47'
07"East a distance of 135.52 feet; thence North 00 degrees 14' 09" West, a distance of 299.77 feet to the
point on the North boundary line of said Parcel '',445"; thence South 89 degrees 45' 48" West along said
North boundary line a distance of 135.52 feet; thence South 00 degrees 14' 09" East a dista nce of 299.72
feet to the Point of beginning
a/k/a Lot 17 Miele-Simonson Estates
TO HAVE AND TO HOLD, the same together with all singular the appurtenances thereto belonging or in
anywise appertaining and all the estate, right, title, interest, lien, equity and claim whatsoever of the said
Grantor, either in law or equity, to the only proper use, benefit and behooved of the said Grantee forever.
IN WITNESS WHEREOF, the said Grantor has signed and sealed these presents the day and year first above
wittten.
Signed, sealed and delivered in our presence:
of Witness
44, seph • iley, as authoriz
epresentative for WORLD
Instr# 115592779 , Page 2 of 2, End of Document
WIND INVESTMENT,
Name of Witness
/ilr (//
STATE OF FLORIDA
The foregoing Instrument was acknol,viedged before me this g. WA day of Fs. B, 2019 by
Joseph Riley, as authorized representative for World Wind Investment, LLC . Who is personally known to
me or has producedRqO L) ilee /3.0 as identification and who did take a tb.
My c
I hereby certify this document to be a true, correct and complete copy of the record filed in my office.
O Dated this 25-day of Faebruary, 2019 County Administrator,
•
By ;
,
Deputy Clerk
Instr# 115565513 , Page 1 of 2, Recorded 01/22/2019 at 10:37 AM
Broward County Commission
Deed Dec Stamps: $0.70
QUIT-CLAIM DEED
THIS QUIT-CLAIM DEED executed this 21 day of January 2019 by Joseph Riley as authorized representative
for WORLDW1ND INVESTMENT, LLC., whose address is 2005 N W 192 Ter, Miami Gardens, Florida 33056
(hereinafter, "Grantor"), and Black Rain City Capital Investment, LLC whose address is 2125 N W 155th
Street, Miami Gardens, Florida 33054 (hereinafter, "the Grantee'.):
WITNESSETH: That said Grantor, for and in consideration of the sum of $10.00 in hand given by the second
party, the receipt whereof is hereby acknowledge, do hereby remise, release, and quit claim unto the
Grantee forever, all the right, title, interest, claim and demand which the said Grantor has in and to the
following described lot, piece or parcel of land, situated, lying and being in the County of Miami-Dade,
State of Florida, to-wit:
MELE-SIMONSON ESTATES
167-27 B PORTION OF PARCEL
A DESC AS-COMM NW COR PAR
FOLIO # 50-40-14-15-0018
12455 S. W. 20th Street, Davie, Fla. 33325
TO HAVE AND TO HOLD, the same together with all singular the appurtenances thereto belonging or in
anywise appertaining and all the estate, right, title, interest, lien, equity and claim whatsoever of the said
Grantor, either in law or equity, to the only proper use, benefit and behooved of the said Grantee forever.
IN WITNESS WHEREOF, the said Grantor has signed and sealed these presents the day and year first above
written.
Signed, sealed and delivered in our presence:
T—
NaKle of Witness e4I • seph Riley, as auyionzed
Representative f r WORLD
WIND INVESTMENT,
Name of Witness n(
STATE OF FLORIDA
g4J0,b4„. tktarype,iicstampfr.-42
4- Over Eugene Coachman
My Commi5s;on FF 15598
Expire5 03r18/2019
My commission expire
Instr# 115565513 , Page 2 of 2, End of Document
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( hereby certify this document to be a true, correct and complete copy of the record filed in my office.
\ Dated this 26 day of February, 2019 County Administrator,
By , ;r„ ' ; \,-' ,., 'iJii,
Deputy Clerk
2/26/2019 Detail by Entity Name
c- '
2125 NW 155 ST
OPS LOCKA, FL 33054
Mailing Address
2125 NW 155 ST
OPS LOCKA, FL 33054
Changed: 02/15/2019
Regi5tered Agent Name & Address
KASSIER, ANDREW M. PA
4500 S LE JEUNE RD
CORAL GABLES, FL 33146
Title AP
READON, ERIC
2125 NW 155 STREET
OPS LOCKA, FL 33054
httofisearch.sunbiz.orgilnquiry/Corpora onSearcniSearchResultDetail?inquirytype=EntityName&directionType=lnitial&searchNarneOrder=B—A
, CKRAI... 1/2
V2612019 Detail by Entity Name
Title MGR
RILEY, JOSEPH
2125 NW 155 ST
OPS LOCKA, FL 33054
Title MGR
READON: LAKEISHA
2125 NW 155 ST
OPS LOCKA, FL 33054
n Pcr.15
P_Qcument Images
httrL';search.sunbiz.org'inquiryiCorporaticnSearchiSearchResultDetail?inquirytype=EntityName&dIrectionType=lnitial&searchNameOrder=8LACKRAI. . 2/2
2019 FLORIDA LIMITED LIABILITY COMPANY REINSTATEMENT FILED
DOCUMENT # L17000061718 Feb 10, 2019
Entity Name: BLACK RAIN CITY CAPITAL INVESTMENT LLC
Secretary of State
5744090603CR
Current Principal Place of Business:
7 7 25 NW 155 51-
OPS °OKA. PL 33054
The above maned entity seCrnits this state,ren: for the purpose of changing ez, registe ,o.c1 offic:e or registered agent, or born. in :he Stare of Flon(la.
ne,eay bemly that Me rnformation rthcateeI cm mis ,e0.7.1 or Sunplen, e,:tat repol .s true anti acrwate and !nat my e:ectronic signa:ve shall rove The same egal effect as ,P made ,insler
b., at r am a mrg., a,J,P0 member man.?gt to !en,ted cuntprmy the frc.e.ver o !rusk., empOwd16:7 rr erticuto lb% report aN ri..owred by Gmpfer 605. Florida Sbnures, and
:ha: oarne ..sionear:-. 0001.* oop altamr:4,11 3:Iolber ernoovv4recf.
AFFIDAVIT
STATE OF FLORIDA
COUNTY OF MIA II-DADE
BEFORE ME, the undersigned authority, on this day personally appeared Eric Readon, as Manager of Worldwind
Investment Group, LLC. who first being duly sworn, deposes and says:
I. An interest in the real property described herein was entered into by and between the Affiam, as Project Manager, and Jannett F
Spence. as Owner on November. 20, 2018.
2. Any interested party may contact: Darryl Jones, Esq., whose mailing address is 14707 S Dixie Hwy # 101, Palmetto Bay, FL
33175, whose telephone number is (305) 901-0899.
3. ALL PROSPFCTIVF. PURCHASER/LENDER F3EWARE. Affiant has an equitable interest in the herein described real property
by virtue of a Project Management Fee.
4. The Real property situate, lying and being in BROWA RD County, Florida, and more particularly described as
A portion of Parcel "A" of the Miele Simonson Estates", according to the Plat thereof as recorded in Plat Book 167,
of Page 27 of the Public Records of Broward County. Florida. Said land being more particularly described as follows:
Commence at the N.W. Corner of Said Parcel "A"; Thence South 00 degrees 06' 28" Fast along the West Line of said
Parcel "A", a distance of 299.35 feet to a point on the North right of way line of S.W. 20' Street; Thence North 89
degrees 47' 07"; East along the said North right of way line a distance of 954.79 feet; of the Point of Beginning of the
Parcel subject of this description; Thence North 89 degrees 47 ' 07" East a distance of 135.52 feet; 'Thence North 00
degrees 14' 09" West, a distance or 299.77 feet to the Point of the. North boundary line of said Parcel "A- ; Thence
South ti9 degrees 45' 45" West along said North boundary line a distunce of 135.52 feet; once South 00 degree 14'
09" Fast a distance of 299.72 feet to the Point o f Begi nn i ng.
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Sworn to an subscribed before me this . "---<---'day of Ati4€ , 2 41..:S . __--------
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SEAL
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My COMMission Expires: Not e::, Public;
I hereby certify this document to be a true, correct and complete copy of the record filed in my office.
4:1 1)11
Dated tbis26-
„ Cay
. ot February, 2019 County Administrator.
•••• 2 , By I A- /
Deputy Clerk