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Northern Trust Subordination, Consent & Joinder of Easement INSTR 5502655 OR 5471 PG 3880 RECORDED 1/29/2018 2:57 PM PAGES 3 DWIGHT E. BROCK, CLERK OF THE CIRCUIT COURT Project : CAT SHELTER EASEMENT COLLIER COUNTY FLORIDA Parcel : 3880 Tamiami Trail N. DOC@.70$0.70 REC$27.00 Folio #: 22770160009 SUBORDINATION, CONSENT AND JOINDER OF EASEMENT THIS SUBORQNATION, CONSENT AND JOINDER OF EASEMENT given this k' day of De bey,r , 2017 by THE NORTHERN TRUST COMPANY, an Illinois banking corporation, whose address is 50 South LaSalle, Chicago, IL 60603 (hereinafter referred to as "Mortgagee"), in favor of Collier County, a political subdivision of the State of Florida, its successors and assigns, whose address is 3335 East Tamiami Trail, Suite 101, Naples, Florida 34112 (hereinafter referred to as "Collier County"). Mortgagee is used as singular or plural, as the context requires. WITNESSETH: WHEREAS, Mortgagee is the owner and holder of that certain Mortgage dated December 2, 2016, by and between The Northern Trust Company and The Ophthalmology Research Foundation, Inc., recorded on December 12, 2016, in Official Records Book 5342, Page 1082 et seq; as modified by that certain Subordination, Non-Disturbance and Attornment Agreement dated December 2, 2016, between and among The Northern Trust Company and The Ophthalmology Research Foundation, Inc. and University of Miami, recorded December 12, 2016 in Official Records Book 5342, Page 1125 et seq: and that certain Assignment of Leases and Rents dated December 2, 2016 by and between The Northern Trust Company and The Ophthalmology Research Foundation, Inc. recorded on December 12, 2016, in Official Records Book 5342, Page 1116 et seq; and that certain UCC-1 Financing Statement naming The Northern Trust Company as secured party and The Ophthalmology Research Foundation, Inc. as debtor, filed December 12, 2016 of record in Official Records Book 5342, Page 1133 et seq: all of the Public Records of Collier County, Florida, (hereinafter collectively referred to as "Mortgage"), encumbering the premises legally described therein (hereinafter referred to as the "Encumbered Property"); WHEREAS, Collier County has requested and received from the fee simple owner of the Encumbered Property a perpetual non-exclusive easement, license and privilege for paving and bus stop shelter purposes, over, under and across a portion of the encumbered premises legally described in Exhibit "A" attached hereto and incorporated herein by virtue of this reference (which premises are hereinafter referred to as the "Easement Property"); and WHEREAS, Collier County has requested that Mortgagee consent to, join in and subordinate its Lien to the interest that Collier County has in the Easement Property to which request Mortgagee has agreed. NOW, THEREFORE, in consideration of TEN DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Mortgagee does hereby consent to, join in and subordinate the lien of it's Mortgage to the grant of that certain easement described herein over, under, on and across the Easement Property and any interest of Collier County in any paving and bus stop shelter facilities located therein or affixed thereto. Except as subordinated to the easement described herein over, under, on and across the Easement Property, or any paving and facilities located therein or affixed thereto, said Mortgage shall remain in full force and effect. IN WITNESS WHEREOF, the Mortgagee has set its hand and seal the date and year first written above. THE NORTHERN TRUST COMPANY, an Illi(1,C4-it-d-ai ois banking corporation By : °tom- - 1-140 First Witness (Signa ((}�� '' rY\CLAr:ti. F_ YY\A e,L Print: atirl L L CA —cc I (P/int or Type) V\ CV\� Its: V ResT �-.u-rk Second Witness ( gnature) V\mvoiNk.E- Cs‘. 11.&L_ (Print or Type) STATE OF FL o,e/&/9,` COUNTY OF ,f�//9�2/. Ufi1S ,§ The for-•o* g/Subordin tion, Consenjond JoinderEasement kedged before this .J l of ���1I - 2017, by &�/UM 'N f� no l (Name) as `V(11 0' ' i - (Title) on behalf of The Northern Trust Company, who is ersonalf known to me or who has [ ] produced as identification. (Affix notarial seal) CSignatur-).f Notary) , ki ,t) / e g-n-(2/2&46 .• - - - - - - (Print Name of Notary) '.4 CONE CARRERAS � z � °w�� Commission # ( ' Notary public•Stria of Florida P My Commission Expires: I '' Commission I OO 040419 "':;;Fo':' My Comm.Expires 010 30,2020 f:s-; EXHIBIT A Page.,_.__of I _ r r r r- r r -icy (11 1, W Ni Z 0 m D r Zr N Fn- ' TAMIAMI TRAIL _i A Z mD ' cc OO c o o m US-41 (SR-45) 150' R.O.W. m D • CO A m r m LII. 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