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Agenda 05/24/2011 Item #16A 35/24/2011 Item 16.A.3. EXECUTIVE SUMMARY Recommendation to approve the purchase of a parcel of right -of -way, along with a temporary driveway restoration easement, both of which will be required for the four - laning of Golden Gate Boulevard between Wilson Boulevard and DeSoto Boulevard. Project No. 60040 (Fiscal Impact: $9,500.00). OBJECTIVE: To continue acquiring right -of -way in accordance with the adopted budget for the future four -laning of Golden Gate Boulevard between Wilson Boulevard and DeSoto Boulevard. CONSIDERATIONS: The subject right -of -way parcel (Parcel No. 482RDUEB), consisting of 4,350 square feet has been appraised by the Growth Management Division's Review Appraiser, Harry Henderson, SRA. His estimate of full compensation is based on a land value of $743.00 ($7,500 per acre) together with the contributory value of the site improvements located within the proposed right -of -way ($8,235) which includes metal fencing, lighting, landscaping, driveway and fill and grade. The total compensation estimate for the right -of -way is $8,978. The current assessed value of the subject property is $7,650 per acre. Contact with the property owners regarding the sale of the right -of -way to the County was first made on November 9, 2010. On April 16, 2011 the owners agreed to sell the required right -of -way to Collier County for the purchase price of $9,000.00 which includes nominal consideration for the temporary driveway restoration easement. FISCAL IMPACT: The fiscal impact is in an amount not to exceed $9,500.00 and includes the $9,000.00 negotiated purchase price; a title search fee, a title insurance premium, lender subordination fees, and recording fees not to exceed a total of $500.00. Source of funds are road impact fees. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item is legally sufficient for Board action, and requires a majority vote for approval - JW RECOMMENDATION: That the Board of County Commissioners of Collier County, Florida: 1. Approve the attached Easement Agreement and authorize its Chairman to execute same on behalf of the Board; 2. Accept the conveyance of right -of -way Parcel No. 482RDUEB and temporary driveway restoration easement Parcel No. 482TDREB and authorize the County Manager or his designee to record same in the public records of Collier County, Florida; 3. Authorize the payment of all costs and expenses necessary to close the transaction; 4. Authorize the County Manager or his designee to take the necessary measures to ensure the County's performance in accordance with the terms and conditions of the Agreement; and 5. Authorize any and all budget amendments required to carry out the collective will of the Board. Prepared by: Deborah Farris, Sr. Property Acquisition Specialist, Right -of -Way Acquisitions, Transportation Engineering Services, Growth Management Division Attachments: (1) Easement Agreement (complete with Exhibit "A "); (2) Location Map; (3) Appraisal Packet Page -257- COLLIER COUNTY Board of County Commissioners Item Number: 16.A.3. 5/24/2011 Item 16.A.3. Item Summary: Recommendation to approve the purchase of a parcel of right -of -way, along with a temporary driveway restoration easement, both of which will be required for the four - laning of Golden Gate Boulevard between Wilson Boulevard and Desoto Boulevard. Project No. 60040 (Fiscal Impact: $9,500.00). Meeting Date: 5/24/2011 Prepared By Name: FarrisDeborah Title: VALUE MISSING 4/26/2011 3:44:31 PM Approved By Name: PutaansuuGary Title: Project Manager, Principal,Transportation Engineer Date: 5/2/2011 10:49:09 AM Name: HendricksKevin Title: Manager - Right of Way,Transportation Engineering Date: 5/2/2011 12:24:34 PM Name: TaylorLisa Title: Management /Budget Analyst,Transportation Administr Date: 5/4/2011 10:41:14 AM Name: BetancurNatali Title: Executive Secretary,Transportation Engineering & Construction Management Date: 5/10/20119:12:48 AM Name: AhmadJay Title: Director - Transportation Engineering,Transportation Engineering & Construction Management Date: 5/10/2011 10:22:22 AM Name: FederNorman Title: Administrator - Growth Management Div,Transportati Packet Page -258- Date: 5/10/2011 11:03:48 AM 5/24/2011 Item 16.A.3. Name: MarcellaJeanne Title: Executive Secretary,Transportation Planning Date: 5/11/2011 1:41:35 PM Name: WrightJeff Title: Assistant County Attorney,County Attorney Date: 5/11/20114:05:26 PM Name: KlatzkowJeff Title: County Attorney, Date: 5/12/20113:33:57 PM Name: UsherSusan Title: Management/Budget Analyst, Senior,Office of Manage Date: 5/16/2011 10 :46:25 AM Name: KlatzkowJeff Title: County Attorney, Date: 5/16/2011 1:06:31 PM Name: IsacksonMark Title: Director -Corp Financial and Mgmt Svs,CMO Date: 5/17/20114:35:32 PM Packet Page -259- 5/2412011 Item 16.A.3. PROJECT: Golden Gate Boulevard #60040 PARCEL No(s): 482RDUEB & 482TDREB FOLIO No(s): Portion of 40744400007 EASEMENT AGREEMENT THIS EASEMENT AGREEMENT (hereinafter referred to as the "Agreement ") is made and entered into on this day of , 2011, by and between MICHAEL L. BOCKUS- and JANET L. BOCKUS, husband and wife, whose mailing address is 49 Tomahawk Trail, Oswego, Illinois 60543 -9516 (hereinafter referred to as "Owner"), and COLLIER COUNTY, a political subdivision of the State of Florida, whose mailing address is 3299 Tamiami Trail East, Go the Office of the County Attorney, Suite 800, Naples, Florida 34112 (hereinafter referred to as "Purchaser "). WHEREAS, Purchaser requires a Perpetual, Non - Exclusive Road Right -Of -Way, Drainage and Utility Easement and a Temporary Driveway Restoration Easement over, under, upon and across the lands described in Exhibit "A ", which is attached hereto and made a part of this Agreement (hereinafter referred to as the "Easements "); and WHEREAS, Owner desires to convey the Easements to Purchaser for the stated purposes, on the terms and conditions set forth herein; and WHEREAS, Purchaser has agreed to compensate Owner for conveyance of the R Easements. NOW THEREFORE, in consideration of these premises, the sum of Ten Dollars ($10.00), and other good and valuable consideration, the receipt and sufficiency of which is hereby mutually acknowledged, it is agreed by and between the parties as follows: All of the above RECITALS are true and correct and are hereby expressly incorporated herein by reference as if set forth fully below, and all Exhibits referenced herein are made a part of this Agreement. 2. Owner shall convey the Easements to Purchaser for the sum of: $9,000.00 Subject to the apportionment and distribution of proceeds pursuant to Paragraph 9 of this Agreement (said transaction hereinafter referred to as the "Closing "). Said payment to Owner, payable by County Warrant or funds wire transfer, shall be full compensation for the Easements conveyed, including all landscaping, trees, shrubs, improvements, and fixtures located thereon, and shall be in full and final settlement of any damages resulting to Owner's remaining lands, costs to cure, including but not limited to the cost to relocate the existing irrigation system, electric gate, fencing and other improvements, and the cost to cut and cap irrigation lines extending into the Easements, and to remove all sprinkler valves and related electrical wiring, and all other damages in connection with conveyance of said Easements to Purchaser, including all attorneys' fees, expert witness fees and costs as provided for in Chapter 73, Florida Statutes. Prior to Closing, Owner shall obtain from the holders of any liens, exceptions and /or qualifications encumbering the Easements, the execution of such instruments which will remove, release or subordinate such encumbrances from the Easements upon their recording in the public records of Collier County, Florida. At or prior to Closing, Owner shall provide Purchaser with a copy of any existing prior title insurance policies. Owner shall cause to be delivered to Purchaser the items specified herein and the following documents and instruments duly executed and acknowledged, in recordable form (hereinafter referred to as "Closing Documents ") on or before the date of Closing. ial Packet Page -260- 5/24/2011 Item 16.A.3. Page 2 (a) Road Right -Of -Way, Drainage and Utility Easement; (b) Temporary Driveway Restoration Easement; (c) Closing Statement; (d) Grantor's Non - Foreign, Taxpayer Identification and "Gap" Affidavit; (e) W -9 Form; and (f) Such evidence of authority and capacity of Owner and its representatives to execute and deliver this agreement and all other documents required to consummate this transaction, as reasonably determined by Purchaser, Purchaser's counsel and/or title company. 4. Both Owner and Purchaser agree that time is of the essence. Therefore, Closing shall occur within ninety (90) days from the date of execution of this Agreement by the Purchaser; provided, however, that Purchaser shall have the unilateral right to extend the term of this Agreement pending receipt of such instruments, properly executed, which either remove or release any and all such liens, encumbrances or qualifications affecting Purchaser's enjoyment of the Easements. At Closing, payment shall be made to Owner in that amount shown on the Closing Statement as "Net Cash to Seller," and Owner shall deliver the Closing Documents to Purchaser in a form acceptable to Purchaser. 5. Owner agrees to relocate any existing irrigation system, electric gate and fencing located on the Easements including irrigation lines, electrical wiring and sprinkler valves, etc., prior to the construction of the project without any further notification from Purchaser. Owner assumes full responsibility for the relocation of the irrigation system, electric gate and fencing on the remainder property and its performance after relocation. Owner holds County harmless for any and all possible damage to the irrigation system, electric gate and fencing in the event owner fails to relocate the irrigation system, electric gate and fencing prior to construction of the project. If Owner elects to retain improvements and /or landscaping ( "Improvements ") located on the Easements, the Owner is responsible for their retrieval prior to the construction of the project without any further notification from Purchaser. Owner acknowledges that Purchaser has compensated Owner for the value of the Improvements and yet Purchaser is willing to permit Owner to salvage the Improvements as long as their retrieval is performed before construction and without interruption or inconvenience to the County's contractor. All Improvements not removed from the Easements prior to commencement of construction of the project shall be deemed abandoned by Owner. This provision shall survive Closing and is not deemed satisfied by conveyance of title. 6. Owner and Purchaser agree to do all things which may be required to give effect to this Agreement immediately as such requirement is made known to them or they are requested to do so, whichever is the earlier. 7. Owner agrees, represents and warrants the following: (a) Owner has full right, power and authority to own and operate the property underlying the Easements, to enter into and to execute this Agreement, to execute, deliver and perform its obligations under this Agreement and the instruments executed in connection herewith, to undertake all actions and to perform all tasks required of Owner hereunder and to consummate the transaction contemplated hereby. tial ;; Packet Page -261- 5/24/2011 Item 16.A.3 Page 3 (b) Purchaser's acceptance of the Easements shall not be deemed to be full performance and discharge of every agreement and obligation on the part of Owner to be performed pursuant to the provisions of this Agreement. (c) No party or person other than Purchaser has any right or option to acquire the Easements or any portion thereof. (d) Until the date fixed for Closing, so long as this Agreement remains in force and effect, Owner shall not encumber or convey any portion of the property underlying the Easements or any rights therein, nor enter into any agreements granting any person or entity any rights with respect to the Easements, without first obtaining the written consent of Purchaser to such conveyance, encumbrance, or agreement, which consent may be withheld by Purchaser for any reason whatsoever. (e) There are no maintenance, construction, advertising, management, leasing, employment, service or other contracts affecting the Easements. (f) Owner has no knowledge that there are any suits, actions or arbitration, administrative or other proceedings or governmental investigations or requirements, formal or informal, existing or pending or threatened which affect the Easements or which adversely affect Owner's ability to perform hereunder; nor is there any other charge or expense upon or related to the Easements which has not been disclosed to Purchaser in writing prior to the effective date of this Agreement. (g) Purchaser is entering into this Agreement based upon Owner's representations stated in this Agreement and on the understanding that Owner will not cause the physical condition of the property underlying the Easements to change from its existing state on the effective date of this Agreement up to and including the date of Closing. Therefore, Owner agrees not to enter into any contracts or agreements pertaining to or affecting the property underlying the Easements and not to do any act or omit to perform any act which would adversely affect the physical condition of the property underlying the Easements or its intended use by Purchaser. (h) The property underlying the Easements, and all uses of the said property, have been and presently are in compliance with all Federal, State and Local environmental laws; that no hazardous substances have been generated, stored, treated or transferred on the property underlying the Easements except as specifically disclosed to the Purchaser; that the Owner has no knowledge of any spill or environmental law violation on the property contiguous to or in the vicinity of the Easements to be sold to the Purchaser, that the Owner has not received notice and otherwise has no knowledge of: a) any spill on the property underlying the Easements; b) any existing or threatened environmental lien against the property underlying the Easements; or c) any lawsuit, proceeding or investigation regarding the generation, storage, treatment, spill or transfer of hazardous substances on the property underlying the Easements. This provision shall survive Closing and is not deemed satisfied by conveyance of title. 8. Owner shall indemnify, defend, save and hold harmless the Purchaser against and from, and reimburse the Purchaser with respect to, any and all damages, claims. liabilities, laws, costs and expenses (including without limitation reasonable paralegal and attorney fees and expenses whether in court, out of court, in bankruptcy or administrative proceedings or on appeal), penalties or fines incurred by or asserted against the Purchaser by reason or arising out of the breach of any of Owner's representations under paragraph 7(h). This provision shall survive Closing and is not deemed satisfied by conveyance of title. % Iflitial �I Packet Page -262- 5/24/2011 Item 16.A.3. Page 4 9. Purchaser shall pay all fees to record any curative instruments required to clear title, and all Easement instrument recording fees. In addition, Purchaser may elect to pay reasonable processing fees required by mortgagees in connection with the execution and delivery of a Release or Subordination of any mortgage, lien or other encumbrance recorded against the property underlying the Easements; provided, however, that any apportionment and distribution of the full compensation amount in Paragraph 2 which may be required by any mortgagee, lien - holder or other encumbrance- holder for the protection of its security interest, or as consideration due to any diminution in the value of its property right, shall be the responsibility of the Owner, and shall be deducted on the Closing Statement from the compensation payable to the Owner per Paragraph 2. 10. There shall be deducted from the proceeds of sale all prior year ad valorem taxes and assessments levied against the parent tract property which remain unpaid as of the date of Closing. Furthermore, in accordance with the exemptions provided for in Section 201.01, Florida Statutes, concerning payment of documentary stamp taxes by Purchaser, Owner shall pay all documentary stamp taxes required on the instrument(s) of transfer. 11. This Agreement and the terms and provisions hereof shall be effective as of the date this Agreement is executed by both parties and shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, personal representatives, successors, successor trustees, and /or assignees, whenever the context so requires or admits. 12. If the Owner holds the property underlying the Easements in the form of a partnership, limited partnership, corporation, trust or any form of representative capacity whatsoever for others, Owner shall make a written public disclosure, according to Chapter 286, Florida Statutes, under oath, subject to the penalties prescribed for perjury, of the name and address of every person having a beneficial interest in the property underlying the Easements before the Easements held in such capacity are conveyed to Purchaser. (if the corporation is registered with the Federal Securities Exchange Commission or registered pursuant to Chapter 517, Florida Statutes, whose stock is for sale to the general public, it is hereby exempt from the provisions of Chapter 286, Florida Statutes.) 13. Conveyance of the Easements, or any interest in the property underlying the Easements, by Owner is contingent upon no other provisions, conditions, or premises other than those so stated herein; and this written Agreement, including all exhibits attached hereto, shall constitute the entire Agreement and understanding of the parties, and there are no other prior or contemporaneous written or oral agreements, undertakings, promises, warranties, or covenants not contained herein. No modification, amendment or cancellation of this Agreement shall be of any force or effect unless made in writing and executed and dated by both Owner and Purchaser. 14. Should any part of this Agreement be found to be invalid, then such invalid part shall be severed from the Agreement, and the remaining provisions of this Agreement shall remain in full force and effect and not be affected by such invalidity. 15. This Agreement is governed and construed in accordance with the laws of the State of Florida. al i REMAINDER OF PAGE INTENTIONALLY LEFT BLANK Packet Page -263- 5/24/2011 Item 16.A.3. Page 5 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first above written. AS TO PURCHASER: DATED: ATTEST: BOARD OF COUNTY COMMISSIONERS DWIGHT E. BROCK, Clerk COLLIER COUNTY, FLORIDA BY: Deputy Clerk FRED W. COYLE, Chairman AS TO OWNER: DATED: G -lip ( I Witness (Signature) Name (Print or Type) (Witriess (Signature) te. L>r- Name (Print or Type) Witness (Signature) Name (Print or Type) Witness (Signature) �i f, 41% , ��l Q_ t,-D- Name (Print or Type) Approved as to form and legal sufficiency: B1' :_ t Jeff W 'ght, Assistant County Attorney MICHAEL L. BOCKUS Packet Page -264- k a 0 s 8 a a z 8 0 $ TF ACT 54 4 T 5/24/2011 Item 16.A.3. N IN t E S r A M �wlw.rar ON & PANTALEON —DIAZ OR 3973/1743 TERRY OR 2600/2087 TRACT 55 GOLDEN GATE ESTATES UNIT 78 PLAT BOOK 5 PAGE 16 WEST 150' OF TRACT 55 )SED ROADWAY EASEMENT PARCEL 482 RDUEB 4,350 SU. FT. I- -1 1 s +UU 299 +00 0 0 1 +00 302 +00 303 +00 GOLDEN GATE BOULEVARD (CR 876) I i SO. FT, SQUARE FEET OR OFFICIAL RECORDS (BOOK /PACE) PROPOSED ROADWAY, DRAINAGE AND UTILITY EASEMENT (RDUE) 1 EXISTING ROADWAY EASEMENT DEDICATED TO THE PERPETUAL '�'��(� _ROW ✓_ 11 USE OF THE PUBLIC PER PLAT BOOK 5, PAGE 16 FEB 0 1 2010 LEGAL DESCRIPTION FOR PARCEL 482 RDUEB A PORTION OF TRACT 55, GOLDEN GATE ESTATES, UNIT 78 AS RECORDED IN PLAT BOOK 5, PAGE 16 OF THE PUB:..:'. RECORDS OF COL;_IER COUNTY, FLORIDA, LYING IN SECTION 4, TOWNSHIP IS SOUTH, RANGE 28 EAST, ',O -LiER COUNTY, FLORIDA, 9EING MORE PARTiCULARLY.UESCRIBEL AS FOLLOWS. THE NORTH 29 FEET OF THE SOUTH 79 FEET OF THE WEST 150 FEET OF SAID TRACT 55. CONTAINING 4,350 SQUARE FEET, MORE OR LESS. / 0 40 80 160 By SKETCH & DESCRIPTION ONLY NOT A BOUNDARY SURVEY SCALE: I " =d0' 140WL A. WARD, PROFESSIONALS RVEYOR L MAPPER FLORIDA REGISTRATION CER❑ t:ATE 5301 SIGNING DATE: / FOR: COLLIER COUNTY GOVERNMENT BOARD OF COUNTY COMMISSIONERS NOT VALID WITHOUT THE ORIGINAL SIGNATU & SED EMBOSSED SEAL DF A FLORIDA REGISTERED PROFESSIONAL SU OR AND MAPPER. GOLDEN GATE BOULEVARD urc SKETCH & UF.SCRIPTION OF: PROPOSED ROADWAY EASEMENT Pluming . PARCEL 4828 RDUE CONSULTING Cirii Png mng L\ T 71 1 S m Y4 & mat>tnng COLLIER COUNTY, FLORIDA 6610 WWow Pwk Drlva, Suile 200 Naplea,FloddR34109 Phone: (239) 597.0575 FAX: (239) 597.0576 JOB 00.01 R REVI9QN SECTION TOWNSHIP RANT-F crnl = ^ ^T^ DRAWN BY LB No.: 6052 FILE NAME SHEET 0502 17.00.01 0001 REV 01 04 49 2 +Packet Page -265-1 S.R. SK ;926 1 OF ; A ti N W E S S 3 PANTALEON 8: PAN TALEON - DIAZ. OR 3973/1743 WEST 150' OF TRACT 55 5/24/2011 Item 16.A.3. TERRY OR 2.600/2087 SO. FT. OR F GOLDEN GATE BOULEVARD (CR 876) SQUARE FEET OFFICIAL RECORDS (BOOK /PAGE) PROPOSED TEMPORARY DRIVEWAY RESTORATION EASEMENT (TDRE) PROPOSED ROADWAY, DRAINAGE AND UTILITY EASEMENT (RDUE,` EXISTING ROADWAY EASEMENT DEDICATED TO THE PERPETUAL USE. OF THE PUBLIC PER PLAT BOOK 5, PAGE 16 LINE TABLE LINE _ BEARING LENGTH TRACT 54 N00 29'0.', "W --j9.00� L2 N89'30'St "f 71:81' — L3 NOU'29'09 "YJ TRACT 55 TRACT 73 ,j 2r on' _5.00', `'0000' GOLDEN GATE ESTATES UNIT 78 PLAT BOOK 5 PAGE 16 WEST LINE OF Temporary Driveway Restoration - TRACT 55� Easement - Duration 3 year3 from " s commencement of constructs n PROPOSED TEMPORARY DRIVEWAY RESTORATION EASEMENT PARCEL 482 TDREB 0 - 100 S0. FT. I g —� —. POINT OF L3- I NORTH LINE OF SOUTH 79' OF BEGINNING f 14 TRAC( 55 L2 L6 -- 29' N POINT OF C' OMMENCEMENT 50 - -- �- _�_ 2181 00 } 299 +00 3 + // 3 1 +00 302 +00 303 +00 SO. FT. OR F GOLDEN GATE BOULEVARD (CR 876) SQUARE FEET OFFICIAL RECORDS (BOOK /PAGE) PROPOSED TEMPORARY DRIVEWAY RESTORATION EASEMENT (TDRE) PROPOSED ROADWAY, DRAINAGE AND UTILITY EASEMENT (RDUE,` EXISTING ROADWAY EASEMENT DEDICATED TO THE PERPETUAL USE. OF THE PUBLIC PER PLAT BOOK 5, PAGE 16 LINE TABLE LINE _ BEARING LENGTH L1_ N00 29'0.', "W --j9.00� L2 N89'30'St "f 71:81' — L3 NOU'29'09 "YJ = i.00I'� " L4 _ v L5 L6 N89'30'51 "E 200'29'09"E S89'30'51 "W 2r on' _5.00', `'0000' LEGAL DESCRIPTION FOR PARCEL 482 TDREB A PORTION OF TRACT 55, GOLDEN GATE ESTATES, UNIT 78 AS RECORDED IN PLAT BOOK 5, PAGE 16 OF THE P! LC RECORDS OF COLLIER COUNTY, FLORIDA, LYING !N SECTION 4, TOWNSHIP 49 SOUTH, RANGE 28 EAST, COLLi -R COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS. COMMENCING AT THE SOUTHWEST CORNER OF SAID TRACT 55; THENCE NAO'29'03 "W., ALONG SAID WEST LINE FOR 79.00 FEET TO A POINT ON THE NORTH LINE OF THE SOUTH 7 FEET OF SAID TRACT 55; THENCE N.89'30'51 "E., ALONG SAID NORTH LINE. FOR 71.81 FEET TO THE PO 8 DESCRIBED PARCEL; DF _F,C11t1�t�liNG OF THE HEREIN THENCE N.00'29'09 "W., FOR 5.00 FEET; FEB 0 1 2R21�0J/1OWY THENCE N1.89'. , 'E. FOR 20.00 FEET. THENCE ,_00'29'09 'E.. FOR 5.00 FEET TO A POINT ON SAID NORTH LINE; THENCE S.89'30'51 "W., ALONG ,AID NORTH LINE, FOR 20.00 FEET TO THE POINT OF BEGINNING OF THE HEREIN DESCRIBED PARCEL. CONTAINING 100 SQUARE FEET MORE OR LESS. O 40 80 'Go �� _ SKETCH & DESCRIP'tI01J ONLY s NOT A BOUNDARY SURVEY MICHAEL A.. WAR PROFESSIONAL SURVEYOR X MAPPER FLORIDA REGISTRATION DEBT' .C, 0. 5307 SCALE: MMIS LONE' SIGNING RGIN �ZI E : / /ice FOR: COLL!_R COUNTY GOVERNMENT BOARD OF COUNTY COMMISSIONERS rvoT vnuO wlnauuT THE oaicuuL sjcnA: I E a� ^RASED EMBOSSED SEAL OF A FLORIDA REGISTERED PROFESSIONAL SU VETC AND MAPPER. GULDEN GATE BOULEVARD ��� INC, T� SKETCH & DESCRIPTION OF: PROPOSED TEMPORARY DRIVEWAY / P)r� VisuAl'vapou PARCEL 482B TDRE RESTORATION EASEMENT -AL %Si i1 i R B"s1O — . cxyug & rTay�nR COLLIER COUNTY, FLORIDA 5910 PAnow Park Drive, SURe 200 Naples, Florid. 34109 Phone: (239) 597 -0575 FAX: (Z39)597-0570 JOB NUMBER REVISION SECTION TOWNSHIP RAN" ���, _...._ LB No.: 5952 '0217.00.01 0001 REV 01 04 DRAWN BY FlLE NAM -c SH_ET 49 2t Packet Page - 266 -nog s.D.L s1< 482e?DRE , OF 5/24/2011 Item 16.A.3. LOCATION MAP Bockus property - 4221 Golden Gate Blvd. E. Folio #40744400007 Packet Page -267- 5/24/2011 Item 16.A.3. LAND APPRAISAL REPORT GGB 60040 Filp Nn Par.482b ROUE Borrower Owner: Bockus Census Tract, 104.12 Map Reference S4-T49-R26 Property Address 4221 Golden Gate Blvd E. City Naples County Collier - State FL Zip Code 34120 Legal Description Golden Gate Estates Unit 78 W 150ft of Tract 55 Tax Folio #4074440000 - Gate . .......... - ........... i WA Sale Price S N/A Date of Sale NIA can — yrs. Property Rights Appraised E Fee ❑ Leasehold ❑ De Minimis PUID Actual Real Estate Taxes S 1,183.50 (yr) Loan charges to be paid by seller S N/A Other sales concessions NIA Lender/Client Collier County Government/Growth Mnomt Div. Address 2885 South Horseshoe Drive, Naples, Fl- 34104 Occupant Owner — Appraiser Harry Henderson, BRA Instructions; to Appraiser Estimate Compensation, Land and affected MiRrovements only. Subject Is im roved wtth!ftie family dwel ina which is riot impacted by the proposed partial takkV parcel. Location J Urban u�bjml Rural Good Avg. Fair ,7 Poor Built Up ❑ Dyer 75% [E 25% to 75% ❑ Under 25% Emplaymerl Stability ❑ Z ❑ ID _ J Steady Slow Convenience to Employment X F-1 Growth Rate ❑ J Fully Dev, Rapid [ El ;_J Property Values Increasing Stable Declining Convenience to Shopping '] Dennard'Supply show Z In Balance ❑ oversupply Convenience to Schools ❑ 7 ❑ D Marketing Time ❑ Under 3 Mos. E] 4-6 Mos. Z! Over 6 Mos. Adequacy of Public Transportation 17 7 N D Present Land Use 65% 1 Family___% 2-4 Family __% Acts. _% Condo—% Commercial Recreational Facilities % Industrial 35% Vacant Adequacy of Utilities ❑ Z ❑ ❑ — —% Change in Present Land Use ❑ Not Likely Likely Taking Place Property Compatibility ILD Z, 0 Li From vacant To single-family Protection from Detrimental Conditions E'1 'I Predominant Occupancy Owner Tenant 5- % Vacant Police and Fire Protection ❑ Z 1-1 ❑ Single Family Price Range $ 80,000 to S 200,000 Predominant Value$ 120,000 General Appearance of Properties ❑ Z ❑ 11 Single Family Age 4 yrs. In 35 yrs. Predominant Age 20 yrs, Appeal to Markel 0 Z F-1 ❑ of Comments including those factors, favorable or unfavorable, affecting marketability (e.g. public parks, schools, view, nose):The subject is located on the north side Golden Gate Boulevard in the eastern Golden Gate Estates area of outlying greater Naples (unincorporated Collier County). Golden Gate Boulevard is a relatively busy thorofare. Essential services (shopping, professional offices) are within a 25 minute drive. Maintenance levels in the area are mostly average. Dimensions 150x6BO 2.34 Sq. R. or Acres J Corner Lot Zoning classification E-Estates Present Improvements � do do not conform to zoning regulations Highest and best use Present use ❑ Other (specify, Public Other (Describe) OFF SITE IMPROVEMENTS Topo Level Elec. 1 Street Access 7 Public ❑ Private Size Compatible with area Gas Surface Macadam Shape Rectangular Water well Maintenance Z Public F-I Private zView Natural San. Sewer ❑ septic tank Storm Sewer Ej Curb/Gutter Drainage Appears to be adequate Underground Elect. & Tel] Sidewalk r- e i rif led Special Flood Hazard Area? Z No L !yes IeYv�[ ... . ................ J.Str. Street I Is property located in a HUD Ids If -1 Comments (favorable or unfavorable including any apparent adverse easements, encroachments, or other adverse conditions): Zone X, Comm.1120067 450G, did 11/17105 The sm!Ri.ecl s4e-is innpMye4.�vitn.@ single-family dyv009.a!!q.associate'dsfte. improvements: only trqs!! I vements within the take area are '�;rcel. impacted by t ki' The parent tract is subject to an existing rowivva easement and typical utility easements as well as mineral rights of record. The undersigned has recited three recent sales of properties most smuM and proximate to subject and has cons4ered these in Ithe market analysis. The description includes a dollar adjustment reflecting market reaction to those hims of significant variation between the stroject and comparable properties. If a significant item in the comparable property is superior to or more favorable titan the subject property. a minus (•) adjustment is made thus reducing N indicated value of subject. it a sigrlificam nern in the comparable is interior to or less favorable than the subject property, a DIUS (A ) adjustment is made thus increasing the indicated value of the subject. ITEM I SUBJECT PROPERTY _ COMPARABLE NO. 1 COMPARABLE NO. 2 COMPARABLE 70.3 Address 4221 Golden Gate Blvd E. 530 6th Street NE 2271 4th Avenue SE N/S 14th Avenue NE Naples, Fl- 34120 Naples, FL 34120 Naples, Fl- 34117 Naples, Fl- 34120 Proximity to Subject 4.34 miles W 2.04 miles W 1.79 miles N Sales Price $ N/A . ": I.:;, 10.150/ac ; - I � I$ 8.4271ac •8,774 Price $ 1 30,000 3,950 Data Source MLSW211004265 MLS#210018508 Date of Sale and DESCRIPTION DESCRIPTION +'- jS Adiust. DESCRIPTION 14-f-)S Adjust DESCRIPTION ter- IS Adjust. Time Adjustment NIA 3/21 /11 Nominal 1015110 Nominal 11/17f10 Nominal Location GGE-thorofare -2-53-8- -EGE--s-i—de street -2,107 GGE-side street -2,193 Site/View 2.34 acres 2.50 acres In $/ac 3-56 acres In $/ac 1.59 acres In $Jac ZoniU E E E - E Too ograce y Level Level Level Level Sales or Financing N/A Concessions Nei Ad. Total' I + ,3 IS -2.58 4- $ -2,107 $ -2,193 Indicated Value of Subject Net 26.0 % Is 7.612 Not 25.0 % is 6.320 iliw:' is 6,581 Comments on Market Data: See attached addenda. -- -- i- - , - - --.- ........ .. ................ . ..... .... -- ... ..................... - ................ -- ............. ...................... . . ........ ............................. ... .. . . . . . ... ............ ..... Comments and Conditions of Apnraisal The Sales Comparison Approach to Value is civen sole consideration in this report. Final Reconci'ialcn: 11arcel 482b RDUE partal_ taking value estimate: $8.978 ................ -.1-- .......... .. .. . I . . . . ................ ..... . . . .. ... . ... ........................... ....... . ..... . . . .... . ....... . .. . ............. . I ESTIMATE THE MARKET VALUE, AS DEFINED, OF SUBJECT PROPERTY AS OF April 2, 20 11 to be S 8,978 t � Harry Henderson, SRA Did Did Not Physically Inspect Property Appraiser(sl Review Aopraiser (if applicable) Goodkind & Swift. Inc. Form. I-ND -'W;IITCTAL" appraisal software by a is mode, Inc. - 1-800-ALAMODE Packet Page -268- 5/24/2011 Item 16.A.3. Supplemental Addendum File Nn. Par da9h PDt }F Borrower /Chem Owner. Bockus Properly Address 4221 Golden Gate Blvd E. City Naples Courily Collier State FL Zip Code 34120 Lender Collier County Govemment/Growth Mnqmt Div. • land : Market Data The subject and comps are compared on a unit/price basis ($ /ac) thereby eliminating the need for direct size adjustments. The lack of recent sales involving residential sites on GGE- thorofare streets in the vicinity of the subject necessitated the use of side street land sales for all comps. A 25% location adjustment factor is applied (as per study) which reflects negative market reaction to busy street locales in this residential area. The sales cited show an adjusted unit/price range of $6,581 1acre to $7,612 /acre; a unit price of $7,5001acre is selected for the subject lands. The appraised value of the parent tract is therefore estimated to be $17,550. PARCEL 482b RDUE The subject parcel is a roadway, drainage and utility easement strip having a depth of 29 feet and width of 150ft. It will be located along the parent tract'sGGB roadway frontage adjacent to the existing 50 -foot roadway easement. This type easement has a encumbrance factor of 99% of the fee interest. The size of the proposed easement is 4,350 sf or .10 acres. At the estimated unit price of $7,500 /acre the easement parcel lands have a compensable value calculated as follows: $7,500 /acre x 99% factor x .10 acre taking parcel = $743. Site improvements within the proposed easement parcel include a section of asphalt paved driveway, a metal fence and electric gate with controller, fence lighting and minor landscape plantings. These site improvements are estimated to have an aggregate contributory value of $6,235. Damages: None Total Appraised Compensation Estimate: $8,978 Forrr TADD — 'WinTOTAL" appraisal software by a la made.. inc. —1- 800- ALAMODE Packet Page -269- a N E r n 6' 54 r — ALEON & PANTALEON OR 3973/1743 5/24/2011 Item 16.A.3. N W S TERRY OR 2600/2087 TRACT 55 GOLDEN GATE ESTATES UNIT 78 PLAT BOOK 5 PAGE 16 WEST 1500' OF TRACT 55 PROPOSED ROADWAY EASEMENT PARCEL 482 RDUE8 4,350 S0. FT. 299 +00 PERPETUA[., NOM-EX usf ROAD RIG HT -O .OMN y, DpjUN AND tmLMY Ear +00 302 +00 GOLDEN GATE BOULEVARD (CR 876) S0. FT. SQUARE FEET OR OFFICIAL RECORDS (BOOK /PAGE) PROPOSED ROADWAY, DRAINAGE AND UTILITY EASEMENT (RDUE) �7 EXISTING ROADWAY EASEMENT DEDICATED TO THE PERPETUAL z - USE OF THE PUB! -IC PER PLAT BOOK 5, PAGE 16 TECM - ROW FEB 0 1 2010 LEGAL DESCRIPTION FOR PARCEL 482 RDUEB A PORTION OF TRACT 55, GOLDEN GATE ESTATES, UNIT 78 AS RECORDED IN PLAT BOOK 5. PAGE 16 OF THE P' :'Jeuc RECORDS OF COLLIER COUNTY, FLORIDA, LYING IN SECTION 4, TOWNSHIP A9 SOUTH, RANGE 28 EAST, COLLIER COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS. HE NORTH 29 FEET OF THE SOUTH 79 FEET OF THE WEST i5C FEEL- OF SAID TRACTAS:,. CONTAINING 4,350 SQUARE. FEET, MORE OR LESS 0 40 80 180 SKETCH & DESCRIPTION ONLY DY MICHAEL A. WARC, PROFESSIONAL 5 RV :^.rOfi d MAPPER NOT A BOUNDARY SURVEY FLORIDA REGISTRATION C cATEy sIR SCALE: 1 " =80' SIGNING DATE: Cl FOR: COLLIER COUNTY GOVERNMENT BOARD OF COUNTY COMMISSIONERS NU' VALID, Wr:HOUT THE ORICINAL 91GI:ATV k O EMBOSSEO TEAL OF A FLORIDA P,EISTEREO PROFESS IUNA: SJ JEYOR AHD MAPPER. GULDEN GATE BOULEVARD DIATA c SKETCH & DESCRIPTION OF: PROPOSED ROADWAY EASE,i4ENT Pluming Visuaiizarion PARCEL 482B RDUE coxsy aJ S1 .yig&" 1 � f 11 1 Srcvcying ac AsaT.yil>g COLLIER COUNTY, FLORIDA E5T0 Wi;iow nark Qive,S Ile 20U Naplas. Fiori�s 34109 Ph on3: (239) 597 -0575 FAX: (239) 597 -0578 JO8 NUPdBER REVISION SECTION TOWNSHIP RAf "'^ -'- L13 ^3 -:5952 )`.i0217.pO.rJ.I CD01 REV 01, 04 L DRAWN BY FILE NAME SHEET q.0 z Packet Page - 270 -,1009 S. R. I OF i 5/24/2011 Item 16.A.3. Parent Tract Aerial Packet Page -271- 5/24/2011 Item 16.A.3. Location Map BortowerlClierd Owner: Bockus Property Pmpefty Address 4221 Golden Gate Blvd E. City Naples 0oanty Collier State FL L Code 3412o Lender Collier County GoYemmenVGmvvth Mnqmt Div. Fern MAP.LOC — "WinTCTAL" appraisal software by a la mode, inc. — 1- BWALAMODE Packet Page -272- x .' 72nd Iit Ave NW 4lit `Ave NE :... 91st Ave. NE .. Ave MW 5 -... Ave NE s ,.. sn 7th Ave MW ... Rabbit Rom Rd ..31st Ave NE ;37th Ave 1E nth Ave MW 70th Ave NE Watt Rd� Vdeneia : 29th Ave NE _ .. _ < 68th Ave NE -.. 68th Ave NE Randall N^'ote `� B. f o _.Wid Tvrkey [x -_� Blvd. 66th Ave NE- Comparable 66fh Ave ME' 4th Ave NW .. _.. 241h Ave ME -fo 24th Aver N/S 14th Avenu _ 111124th -Ave NE NE - 64th Ave PE PE- ...64th Ave NE . :. Oth Ave NW .loth Ave NE 20th Ave NE - 62nd Ave MF' 8th Ave.fWY 62W Ave ME Lath Ave ME - ..lath Ave NE _ _ 50th Ave NE E ':60th Ave NE 6th Ave NW l6th A J. 16th Ave ME 16th Ave ME 4th NW v& 14th A SeFh Ave ME s .. ... ... 5 i ,. NE 7' t+ e E l ef o I: d 0 S .,12th 4�34 miles -`12th Ave ME - °12th Ave ME _ 0th Ave NW _ 56th Ave NE Ave NE' f... . t�'•loth I N 54th Ave NE 54th Ave NF i^ Goklen t • e F Z fzn -'52nd Ave NE` .... W - Golden Gate Blvd E Golden Gate Frivd...E 50th Ave NE _ 7th Ave t$ iT m 4th A 49th Ave NE 5a 4 b 10 W -4 470h Ave NE 47th Ave ME Aft, Ave SE 45th Ave NE t 3th Aw >E. Fra"pw, Ave :10th Ave SE .45th Ave ME .. 45th Ave tE... g. o Fern MAP.LOC — "WinTCTAL" appraisal software by a la mode, inc. — 1- BWALAMODE Packet Page -272- x .' 43rd Ave NE Iit Ave NW 4lit `Ave NE :... 91st Ave. NE .. Ave MW 39th Ave ME -... !358.. - 33rd Ave NE 33rd Ave tE _.. S 39th Ave ME 7th Ave MW ..:.37th Ave NE ..31st Ave NE ;37th Ave 1E nth Ave MW 35th Ave ME Fern MAP.LOC — "WinTCTAL" appraisal software by a la mode, inc. — 1- BWALAMODE Packet Page -272- 35th Ave HE :.. 3rd Ave NW 33rd Ave ME :... s... 9, A7B .Wee Rd d !358.. - 33rd Ave NE 33rd Ave tE _.. S Sa ..31st Ave NE 31st Ave ME ° Fe f a Vdeneia : 29th Ave NE :29th Ave ME .a .. _ < '27th Ave ME- - 27tH Ave WE zsq+ Ave FA4 Randall N^'ote `� B. f o v4 Blvd. Comparable .. 4th Ave NW 241h Ave ME -fo 24th Aver N/S 14th Avenu _ 111124th -Ave NE NE .2nd Ave NW PE- a - 22nd Ave . .22nd Ave If Oth Ave NW .loth Ave NE 20th Ave NE 20th Ave ME:.. 8th Ave.fWY Lath Ave ME - ..lath Ave NE _ _ E 6th Ave NW l6th A J. 16th Ave ME 16th Ave ME 4th NW 14th A N 14th Ave W 14th Ave NE ,Ave 5 i ,. NE i '2th Px MIN .,12th 4�34 miles -`12th Ave ME - °12th Ave ME _ 0th Ave NW Loth A Ave NE' f... . t�'•loth I N t?n iii 'rii w m m ::.m x 4221' 6th Ave. NE Goklen t • e F Z fzn 2nd Ave PE at - Golden Gate Blvd E Golden Gate Frivd...E 2nd A- SE. 2nd Ave SE iT m 4th A 4th Ave SE c 6th SE Aft, Ave SE t 3th Aw >E. Fra"pw, Ave :10th Ave SE 12th Alm SE g. o .,, - _ 14th Ave $ N 14th Awe -i S5. �. 16th Ave SE ..__._._ tfth. AUe_ cs.... _ ............... .....:................................. ....... lath Ave SE i�Ai1MICNSOR enIp 6lenn8 NOV4�,NE/OViCk pei<,NC. 20th Ave SE v 20th Ave- SE Fern MAP.LOC — "WinTCTAL" appraisal software by a la mode, inc. — 1- BWALAMODE Packet Page -272- 5/24/2011 Item 16.A.3. Main file No. Par.482b RDUE DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated: (2) both parties are well informed or well advised, and each acting in what he considers his own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto: and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions' granted by anyone associated with the sale. 'Adjustments to the comparables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments can be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based on the appraiser's judgement. STATEMENT OF LIMITING CONDITIONS AND APPRAISER'S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraisers certification that appears in the appraisal report is subject to the following conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. 2. The appraiser has provided a sketch in the appraisal report to show approximate dimensions of the improvements and the sketch is included only to assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the subiect site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not give testimorry or appear in court because he or she made an appraisal of the property in question, unless specific arrangements to do so have been made beforehand. 5. The appraiser has estimated the value of the land in the cost approach at its highest and best use and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal and are invalid N they are so used. 6. The appraiser has noted in the appraisal report any adverse conditions (such as, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any hidden or unapparent conditions of the property or adverse environmental conditions (including the presence of hazardous wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of the property. 7. The appraiser obtained the information. estimates, and opinions that were expressed in the appraisal report from sources that he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items that were furnished by other parties. & The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal Practice. 9. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion. repairs, or alterations on the assumption that completion of the improvements will be performed in a workmanlike manner. 10. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated) to anyone other than the borrower; the mortgagee or its successors and assigns: the mortgage insurer, consultants; professional appraisal organizations; any state or federally approved financial institution:. or any department. agency, or instrumentality of the United States or any state or the District of Columbia: except that the lender/client may distribute the property description section of the report only to data collection or reporting service(s) without having to obtain the appraiser's prior written consent. The appraiser's written consent and approval must also be obtained before the appraisal can be conveyed by anyone to the public through advertising, public relations, news, sales: or other media. Freddie Mac Form 439 6-93 Page 1 of 2 Fannie Mae Form 1004B 6-93 Goodk!nd t; Swift, Inc. Form ACR_DEFD — "WinTOTAL" appraisal software by a la mode, inc. — 1.800- ALAMODE Packet Page -273- 5/24/2011 Item 16.A.3. APPRAISER'S CERTIFICATION: The appraiser certifies and agrees that 1. 1 have researched the subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property for consideration In the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the market reaction to those items of significant variation. If a significant item in a comparable property is superior to, or more favorable than, the subject property, I have made a negative adjustment to reduce the adjusted sales price of the comparable and, R a significant Rem in a comparable property is inferior to, or less favorable than the subject property, I have made a positive adjustment to increase the adjusted sales price of the comparable. 2. 1 have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the appraisal report. I have not knowingly withheld any significant Information from the appraisal report and I believe. to the best of my knowledge, that all statements and information in the appraisal report are true and correct. 3. 1 stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions. and conclusions, which are subject only to the contingent and limiting conditions specified in this form. 4. 1 have no present or prospective interest in the property that is the subject to this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. l did not base, ether partially or completely, my analysis and /or the estimate of market value in the appraisal report on the race, color. religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property. 5. 1 have no present or contemplated future interest in the subject property, and neither my current or future employment nor my compensation for performing this appraisal is contingent on the appraised value of the property. 6. 1 was rat required to report a predetermined value or direction in value that favors the cause of the client or any related party, the amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my compensation and /or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation, a specific valuation, or the need to approve a specific mortgage ban. 7. 1 performed this appraisal in conformity with the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place as of the effective date of this appraisal, with the exception of the departure provision of those Standards, which does not apply. I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market value and the estimate I developed is consistent with the marketing time noted in the neighborhood section of this report, unless I have otherwise stated in the reconciliation section. 8. 1 have personally inspected the interior and exterior areas of the subject property and the exterior of all properties listed as comparables in the appraisal report. I further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the subject site, or on any site within the immediate vicinity of the subject property of which I am aware and have made adjustments for these adverse conditions in my analysis of the property value to the extent that I had market evidence to support them. I have also commented about the effect of the adverse conditions on the marketability of the subject property. 9. 1 personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. If I relied on significant professional assistance from any individual or individuals in the performance of the appraisal or the preparation of the appraisal report, I have named such individual(s) and disclosed the specific tasks performed by them in the reconciliation section of this appraisal report. I certify that any individual so named is qualified to perform the tasks. I have not authorized anyone to make a charge to any Rem in the report: therefore, if an unauthorized change is made to the appraisal report, I will take no responsibility for R. SUPERVISORY APPRAISER'S CERTIFICATION: If a supervisory appraiser signed the appraisal report, he or she certifies and agrees that: I directly supervise the appraiser who prepared the appraisal report, have reviewed the appraisal report, agree with the statements and conclusions of the appraiser, agree to be hound by the appraiser's certifications numbered 4 through 7 above, and am taking full responsibility for the appraisal and the appraisal report. ADDRESS OF PROPERTY APPRAISED: 4221 Golden Gate Blvd E., Naples, FL 34120 APPRAISER: Signaure: t-- Name: Harry Henderson. SRA Date Signed: April 19. 2011 State Certification #: R03475FL RG1153NJ or State License #: State: FL ExpLat,on Date of Certification or License: 11/30/2012 SUPERVISORY APPRAISER (only if required): Signature: Name: Date Signed: State Cedificstion #. or State License #: State: Expiration Date of Ce hficalon or License: Did J 0 Net Inspect Property Freddie Mac Form 439 6-93 Page 2 of 2 Fannie Mae Form 10049 fr93 Form ACR_DEFD — 'WInTDTAL" appraisal software by a la mode, inc. —1- 900- ALAMODE Packet Page -274-