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Roers Naples Apartments Owner II, LLC THIS INSTRUMENT PREPARED BY&RETURN TO: NAME: Winthrop& Weinstine, P.A. Jordan J. Hogness INSTR 6562022 OR 6372 PG 3348 RE2024 9:17 AM ADDRESS: 225 South Sixth Street CLERKCORDED OF THE6/21/CIRCUIT COURT ANDPAGES COMPTROLLER11 Suite 3500 COLLIER COUNTY FLORIDA Minneapolis, Minnesota 55402 DOC@.70$0.70 REC$95.00 PARCEL I.D. # 00194920009 SPACE ABOVE TIIIS LINE FOR PROCESSING DATA SPACE ABOVE THIS LINE FOR RECORDING DATA CONSERVATION EASEMENT THIS CONSERVATION EASEMENT given this 30th day of May, 2024, by Roers Naples Apartments Owner II LLC, a Delaware limited liability company (hereinafter "Owner", as Grantor, whose address is Two Carlson Parkway, #400, Plymouth, Minnesota 55447, to Collier County, Florida, a political subdivision of the State of Florida (hereinafter "Collier County" or "Grantee"). Grantor and Grantee may hereafter be collectively referred to as the "parties." WHEREAS, Owner is the owner of that certain tract of land located in Collier County, Florida described in Exhibit "A" attached hereto (hereinafter referred to as the "Property"); and WHEREAS, Collier County is requiring that this Conservation Easement ("Easement") be entered into and recorded in the land records of Collier County to bind Owner; and WHEREAS, the parties wish to establish their respective rights and responsibilities relative to the use and maintenance of the conservation area described in the attached Exhibit"B" (the "Easement Property"). NOW, THEREFORE, Grantor hereby conveys a Conservation Easement to Collier County as follows: 1. Grantor, its successors, heirs, assigns and/or transferees, hereby grants a non- exclusive easement to Collier County over and across the Easement Property described as Exhibit "B" for the purpose of conservation. Collier County shall have no responsibility for maintenance of the conservation easement. 1 2. No buildings, structures or impediments of any nature may be constructed, placed or permitted on, over or across the Easement Property. No dumping or placing of soil or other substances such as trash or unsightly or offensive materials shall be permitted on the Easement Property. There shall be no removal or destruction of trees, shrubs or other vegetation with the exception of exotic/nuisance vegetation removal. Excavation, dredging or removal of soil material, peat, rock or other material substance in such a manner as to affect the surface shall be prohibited on the Easement Property. No dikes or fencing shall be permitted on the Easement Property. There shall be no other activities detrimental to drainage, flood control, water conservation, erosion control or fish and wildlife habitat conservation or preservation permitted on the Easement Property. The Easement Property shall be in no way altered from its natural or permitted state. The following exceptions apply: a. Archaeological surveys or excavations are permissible for areas designated as archaeological sites by the State or Federal governments or by Grantee; or b. Uses as permitted by Section 3.05.07.H of the Collier County Land Development Code. In accordance with LDC Section 3.05.07.H.1.d, oil extraction and related processing operations are uses which are exempt from the restrictions herein and shall remain allowed uses on the lands described herein, provided it is an allowable use in the underlying zoning district. 3. Grantor, its heirs, successors or assigns shall bear the responsibility for maintaining the Easement Property, including, but not limited to, regular maintenance as may be required by any governmental agency having jurisdiction relative thereto. The Easement Property shall at all times be maintained in accordance with applicable requirements of the Collier County Land Development Code. 4. No right of access by the general public to any part of the Easement Property is being conveyed. Collier County shall have the right to access and use of the Easement property for the purpose of making inspections; however, Collier County shall have no obligation to maintain the Easement Property, nor shall Collier County have the right to use the Easement Property for any purpose inconsistent with the terms of this Conservation Easement. 5. Grantor reserves all rights as owner of the Easement Property, including the right to engage in uses of the Easement Property that are not prohibited herein and which are not inconsistent with any County ordinance, regulation or development permit, and the intent and purposes of this Conservation Easement. 6. Grantor shall pay any and all real property taxes and assessments levied by competent authority on the Property. 7. Grantor shall insert the terms and restrictions of this Conservation Easement in any subsequent deed or other legal instrument by which Grantor divests itself of any interest in the Property. 2 8. All notices, consents, approvals or other communications hereunder shall be in writing and shall be deemed properly given if sent by United States certified mail, return receipt requested, addressed to the appropriate party or successor in interest. Notices shall be addressed as follows: a. To the Grantor: Roers Naples Apartments Owner II LLC c/o Roers Companies 2 Carlson Parkway Suite 400 Plymouth, Minnesota 55447 Attention: General Counsel b. To the Grantee: Collier County Collier County Governmental Center 3299 Tamiami Trail East Naples, Florida 34112 Attention: County Attorney A party may change its notice address by written notice, delivered in accordance with this Section 8, to the other party. 9. This Conservation Easement may be amended, altered, released or revoked only by written agreement between the parties hereto or their heirs, successors or assigns, which shall be filed in the public records of Collier County. 10. This Conservation Easement shall run with the land and shall be binding upon and inure to the benefit of all present and future owners of any portion of the Property and their successors and/or assigns, it being the intention of the Grantor that this Conservation Easement be perpetual. 11. If any provisions of the Conservation Easement or the application thereof to any person or circumstances is found to be invalid, the remainder of the provisions of this Conservation Easement shall not be affected thereby, as long as the purpose of the Conservation Easement is preserved. 12. Enforcement of the terms, provisions and restrictions of this Conservation Easement shall be at the reasonable discretion of Grantee, and any forbearance on behalf of Grantee to exercise its rights hereunder in the event of any breach hereof by Grantor, shall not be deemed or construed to be a waiver of Grantee's rights hereunder. 13. The terms and conditions of this Conservation Easement may be enforced by the Grantee by injunctive relief and other appropriate available remedies, and Grantor consents that venue of such enforcement actions shall lie exclusively in the Circuit Court 3 of the Twentieth Judicial Circuit in and for Collier County, Florida. In any enforcement action in which the Grantee prevails, Grantee shall be entitled to recover reasonable attorney's fees and costs in the trial and appellate courts in addition to the cost of restoring the land to the natural vegetative and hydrologic condition existing at the time of execution of this Conservation Easement or to the natural vegetative state required for a development permit. These remedies are in addition to any other remedy, fine or penalty, which may be applicable under Chapters 373 and 403, Florida Statutes. [Remainder of page intentionally left blank.] 4 IN WITNESS WHEREOF, Grantor has hereunder set its hand and seal the day and year first above written. ROERS NAPLES APARTMENTS OWNER II LLC, a Delaware limited liability company r By: �� Thomas W. Cronin Authorized Signatory STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) This instrument was acknowledged before me by means of physical presence or _ online notarization on May 28 , 2024, by Thomas W. Cronin, Authorized Signatory of Roers Naples Aparti`nents Owner II LLC, a Delaware limited liability company, on behalf of said limited liability company. He is jX1 personally known to me or [ ] has produced a valid driver's license as identification. 6\-V7" . Notary ) VD% - PAIGE CATHERINE WEBSTER 1 WITNESSED BY: i I► 1 NOTAR PPUBUC-MINNESOTA 1 MENNEPINCOUNTY Name: +l' Name: I rfG My Commission Erpiret.lin.31.2025 Address: Ca kw Address: P P LP-. 1 Sig •.tuhe of ness #1 g ture of itn ss #2 [Acceptance by grantee is on subsequent page.] i Acceptance by Grantee: ATTEST: BOARD OF COUNTY COMMISSIONERS CRYSTAL K. KINZEL, CLERK COLLIER COUNTY, FLORIDA By: By: 464 Deputy Clerk Chris all, Chairman Attest O.-to Chairman's signature only Approved as to form and legality: ft, ,11/f/A_ e‘ - Derek D. Perry Assistant County Attorney 24i-EN5 Oo `75S THIS CONVEYANCE ACCEPTED BY THE BOARD OF COUNTY COMMISSIONERS , COLLIER COUNTY , FLORIDA, PURSUANT TO AGENDA DATED APRIL 9 , 2024 , AGENDA ITEM NO. 17 . C . CONSENT TO CONSERVATION EASEMENT The undersigned, the (i) mortgagee in that certain Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing dated April 4, 2024, and recorded April 9, 2024, in Official Records Book 6347, Page 2701, of the Public Records of Collier County, Florida, (ii) assignee with respect to that certain Assignment of Leases and Rents dated April 4, 2024, and recorded April 9, 2024, in Official Records Book 6347, page 2725, of the Public Records of Collier County, Florida„ and (iii) secured party with respect to that certain UCC Financing Statement recorded April 9, 2024, in Official Records Books 6347, page 2737, all of the foregoing embracing land located within Collier County, Florida, legally described as follows: Parcel 1: The West 1/2 of the Northwest 1/4 of the Northeast 1/4 of the Northwest 1/4 of Section 28, Township 48 South, Range 26 East, Collier County, Florida, LESS AND EXCEPT that portion in Stipulated Order of Taking recorded in Official Records Book 2587, Page 2742 and by Stipulated Final Judgment recorded in Official Records Book 2748, Page 3354, of the Public Records of Collier County, Florida. Parcel 2: The West 1/2 of the Southwest 1/4 of the Northeast 1/4 of the Northwest 1/4 of Section 28, Township 48 South, Range 26 East, Lying and Being in Collier County, Florida. does hereby consent to the foregoing Reciprocal Easement Agreement and to the dedications made thereon and agrees that in the event of a foreclosure of any mortgage, all easements as memorialized therein shall survive and be enforceable. [Remainder of page intentionally left blank; signature on subsequent page.] IN TESTIMONY THEREOF, the undersigned has hereunto executed this instrument this at day of , 2024. NAPLES 7576 MULTIFAMILY KCD,LLC, a Delaware limited liability company By: A., Name: Russell M. Reiter, Esq. Title: Vice President and Authorized Signatory STATE OFflo'iaa ) ss. COUNTY OF'' jam, P40(41 The foregoing instrument was acknowledged before me by means of ✓physical presence or _ online notarization this ?10 day of A , 2024, by Russell M. Reiter, Esq., the Vice President and Authorized Signatory of Nap es 7576 Multifamily KCD, LLC, a Delaware limited liability company, for and on behalf of the same. He is [Li personally known to me or [ ] has produced a valid driver's license as identification. Nota ublic •— ----AM.- - -..• . ;40�i'+• ERIKA YESS Notary Public-State of Florida WITNESSED BY: :'� �' Commission N 63 33 a � My Comm.ExpiresHH May 2622,2026 (� `�� Br,nded through National Notary Assn. Name: G1 C� Name: Pa V1 ► 1 0(C CSC Address: 300 Address: 7uw i CvHi'y {261.5tt 12 3pd ins F�33Nf(� bout >�'..ta� FL 33(.4gp Signature of Witn 1 Signature of Witness#2 [Consent signatures end] Exhibit A Legal Description of the Property The West 1/2 of the Southwest 1/4 of the Northeast 1/4 of the Northwest 1/4 of Section 28, Township 48 South, Range 26 East, Lying and Being in Collier County, Florida. Page of_ i Exhibit B Legal Description and Depiction of the Easement Property Attached. 28827695v5 Page 1 of OM0'33-cf 1--rZ\S7VD37 ? 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