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Germain Properties THIS INSTRUMENT PREP AIlED BY &: RETURN TO: NAME: CHRISTOPHER J. THORNTON ADDRESS: CHEFFY PASSIDOMO WILSON & JOHNSON 821 FIFTH AVENUE SOUTH NAPLES, FWRIDA 34102 PARCEL J.D. # 00155000007 INSTR 4442871 OR 4577 PG 1528 RECORDED 6/17/2010912 AM PAGES 7 DWIGHT E. BROCK COLLIER COUNTY CLERK OF THE CIRCUIT COURT DOC@70 $070 REC $61.00 CONS $0 00 SPACE ABOVE THIS LINE FOR PROCESSING DATA SPACE ABOVE THIS LINE FOR RECORDING DATA CONSERVATION EASEMENT THIS CONSERVATION EASEMENT given this Day of ~. , 2009, by Germain Properties of Columbus, Inc., an Ohio corporation (hereinafter "Germain"), as Grantor, whose address is 13329 Tamiami Trail North, Naples, Fl 34110, to Collier County, Aorida, 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, Germain 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 Germain; 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 "8" (the "Easement Property"). NOW, THEREFORE, Grantor hereby conveys a Conservation Easement to Collier County as follows: 1. Germain, its successors, heirs, assigns and/or transferees, hereby grants a non-exclusive easement to Collier County over and across the Easement Property described in Exhibit "8" for the purpose of conservation. Collier County shall have no responsibility for maintenance of the conservation easement. 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 1 . __ ___.,.,"_'_'__ _'_n__ .....~_.._.,..._.._..,_,.,._._,.____,...__ 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. 3. Germain, 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 reIatlve 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. 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. 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. 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 Orcuit Court of the Twentieth Judicial Orcuit in and for Collier County, Aorida. 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. IN WITNESS WHEREOF, Grantor has hereunder set its hand and seal the day and year first above written. Sign, sealed and delivered In the presence of: GERMAIN PROPERTIES OF COLUMBUS, INC., an Ohio corporation By: ~ Robert L. Germain, Jr., Vice President "i STATE OF FLORIDA ) COUNTY OF COLLIER ) The f9[egoing instrument was subscribed, sworn and acknowledged before me this '-'\ day of ~. , 2009, by Robert L. Germain, Jr/ as Vice President for Germain P operties of Columbus, Inc., and who is [1/1 personally known to me or [ J who produced as identification. My Commission Expires: ~.....L .:2..L., ~o// Acceptance by Grantee: i.~ Q' Ukl'lL U!Iu!Jt:/f''--'' NOTARY PUBLIC rf\ ~ _. rt ~"II '~ I k. 11 Printed Name:~v I "",,,\\,,!J.i:;: ANNE M. CALlAHAN tf''A'\~ MY COMMISSION I DD 667770 ",..~.." EXPIRES. Apn126, 2011 ','Ji,p.r:,Th~"" BondedThru Notary Public Undetwrilers ATTEST: DWIGHT E. BROCK, Clerk BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA /f~ J~ DONNA FIALA, CHAIRPERSON ~~.k .ttMt'tfPgv~e~ , .t....... 011. Apprcwltas to form and Legal sufficiency: l-k. 7. W 11 ~ ..sJe.vt.f\ -r: w ; II ;q, ~ Assistant County Attorney 4 - _._~-_.,_.._.,_._._._._-_._~~-_. ,-,._---" -_._~- ._"._-~..."~.~.,,_..,-"-_._-- .---...----..-.------- EXHIBIT "A" LAND DESCR]PTION AS FURNISHED BY CLIENT -------.--------"------...----.-..-...-.-----.-----. --.--.---...------...-....---------------- A P ARC a OF LAND LOCATED ]N THE SOUTHEAST 1/4 OF SECTION 16, TOWNSHIP 48 SOUTH, RANGE 25 EAST, COLLIER COUNTY, FLORIDA, BE]NG MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE NORTHEAST CORNER OF THE SOUTHEAST 1/4 OF SECTION 16, TOWNSH]P 48 SOUTH, RANGE 25 EAST, COLLIER COUNTY, FLORIDA; THENCE RUN SOUTH 00036'52" EAST ALONG THE EAST LINE OF THE SOUTHEAST 1/4 OF THE SAID SECTION ]6 FOR A DISTANCE OF 490.30 FEET; THENCE RUN SOUTH 88007'30" WEST, PARALLEL WITH THE NORTH LINE OF THE SOUTHEAST 1/4 OF THE SAID SECT]ON]6 FOR A DISTANCE OF 182.27 FEET TO A POINT OF THE WESTERLY RIGHT-Or-WAY LINE OF STATE ROAD NO. 45 (TAM]AM] TRAIL) AS THE SAME IS SHOWN ON THE STATE or FLORIDA DEPARTMENT OF TRANSPORTATION RIGHT- OF-WAY MAP FOR STATE ROAD NO. 45, COLLIER COUNTY, SECTION 03010 2519 SHEET 2 AND THE POINT OF BEGINNING OF THE PARCEL HEREIN BE]NG DESCRIBED; THENCE RUN SOUTH 0] 000'30" EAST ALONG THE WESTERLY R]GHT-OF-WA Y LINE OF STATE ROAD NO. 45 FOR A DISTANCE OF 987. I 2 FEET; THENCE RUN SOUTH 88059'30" WEST AT R]GHT ANGLES TO THE SAID WESTERLY RIGHT-OF-WAY LINE FORA DISTANCE OF 578.] I FEET; THENCE RUN NORTH 0]004']5" WEST FOR A DISTANCE OF 755.2] FEET; THENCE RUN NORTH 00050'08" WEST FOR A DISTANCE OF 223.16 FEET; THENCE RUN NORTH 88007'30" EAST PARALLEL WITH THE NORTH LINE OF THE SOUTHEAST 1/4 OF THE SAID SECTION 16 FOR A D]STANCE OF 578.33 FEET TO THE POINT OF BEGINNING, CONTAINING 13.1 ACRES, MORE OR LESS. ~-, AGNOLl, BARBER & DAGE, ]NC. PROFESS]ONAL INEERS, PLANNERS & LAND SURVEYORS ~/-7 ../ -7!V ~2 MrNE . AGNOLl, R.S.M. Wo. 533,5" .' . ,/ ,',: ;" -""":('~"" REF. ABB F]LE NO. 8834 ,. W -1O-0332G.DES/PN04-0 112 r .;; :$ V '1:, -: ~~ ?/ 7 .~.i~ .-" "?J,'a,~,;, , ., I' ll~ifj ilL . ~ ' IP,; I J . ..~ .:!!', . '.:. ! 0, - '!. ,-". . ,. i ~~ ?z~ _. ~?~S '~ ..! ~,. ~. !lijii:nil!\h Ii! Ii 1; ri!tl~ ;';1 f ""i! 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"}lioVl Vl'1 r --.., 8. r<1 ~-. . . ~ 00 1 ~ ? ~ I;, fTl ~.:. iII tJ p ~'~~.. ~ ~~~ ~ j,.:;, 71 . ~ , \ ..,\\ .... 6 IJJ \0 Z )> ,':,' \ I f:- ;u \~! ~ ~ii}, ,I, GERMAIN PROPERTIES OF COLUMBUS INC. EXHIBIT B 9 z 3 d o c.i o i VoVo COt] ~:; -<:c "l ;;j~ ~--f C) ~S3 ~'" CO"l :c,'IJ ~ Vo v, , ~ .iOU; " v, o o u; o o m CI o .. ~~ o ~ i2 Vl ~ m m d ~ c.i co ~~ ~ N ~ ~ "'I i2 '" ~flJ~w m ~I VI g ~.-I';;jo :1 --f ."'- z"01>(") r-- 'Dc.. ~o;=.>< ~I >-.: '-(~:r:~ ~I :;:: '" ~':-;6 ~1---~ -~. ~ 3 I ~ ~ ~ '" I LJ ~ I' : ~ i" ~1~____ Ii, ~ ~ o 3 MORTGAGEE JOINDER, CONSENT AND SUBORDINATION For Ten Dollars ($10.00) and other good and valuable consideration, the adequacy and receipt of which are hereby acknowledged, JP Morgan Chase Bank, NA, successor to Bank One, NA, the owner and holder of that certain Open-End Mortgage, Security Agreement and Assignment of Leases and Rents dated September 30, 1999 in the original principal amount of $27,000,000.00, given by Germain Properties of Columbus, Inc. and Germain Motor Company (fka Germain, Inc.), a Delaware corporation (collectively "Grantor") to Bank One, NA ("Mortgagee"), encumbering the real property described on Exhibit "A" attached hereto ("Property"), which is recorded in Official Records Book 2597, at Page 1113 (together with that certain Assignment of Lessor's Interest In Leases and Rents recorded in Official Records Book 2597, at Page 1142 and those certain UCC-l Financing Statement(s) recorded in Official Records Book 2597 at Page 1159 and Official Records Book 3610 at Page 3385), all of the Public Records of Collier County, Florida (said mortgage, assignment leases and rents, and UCC-l Financing Statements, as modified, are hereinafter referred to as the "Mortgage"), hereby joins in, consents to and subordinates the lien of its Mortgage, as it has been, and as it may be, modified, amended and assigned from time to time, to the foregoing Conservation Easement, executed by Germain Properties of Columbus, Inc., as said Conservation Easement may be modified, amended and assigned from time to time, with the intent that the Mortgage shall be subject and subordinate to the Conservation Easement. IN WITNESS WHEREOF, this Mortgagee Joinder, Consent and Subordination is made this ~ day of St~\-{~ r , 2009. o<5P JP MORGAN CHASE BANK, NA, successor to BANK ONE, NA (\ (\ ~ By:_~F\ ~~~ Print Name: \4o,,-\- ~~ ""D ",9 Title: Rl'>t J;LL Prt~, ~'^t /~ STATE OF V\M COUNTY OF ^,fN~Jc.k ) ) !,he foregoing instrume.rt was ackqo:vledged before,methis, It->1./. . day of If-,.,J"" ,2009, by ,*-~J r ~}~v>",,,,- as..;/t.,,", v,-.... r\u....-u:..:/ for JP 'Morgan Chase Bank, NA, successor to Bank One, NA, on behalf of the bank, and who is [t<J personally known to me or [ ] who produced as identification. ., ;-) ~~~~ ~Lt I '-I\"t"'0-d-t Printed Name: R<itrl~hvl ;v! Kb,,,"5Ci1 5 INSTR 4442869 OR 4577 PG 1524 RECORDED 6/17/2010 9:12 AM PAGES 2 DWIGHT E BROCK COLLIER COUNTY CLER REC $1850 K OF THE CIRCUIT COURT EXHIBIT "A" LAND DESCRIPTION AS FURNISHED BY CLIENT A PARCEL OF LAND LOCATED IN THE SOUTHEAST 1/4 OF SECTION 16, TOWNSHIP 48 SOUTH, RANGE 25 EAST, COLLIER COUNTY, FLORIDA, BEING MORE P ARTICULARL Y DESCRIBED AS FOLLOWS: COMMENCE AT THE NORTHEAST CORNER OF THE SOUTHEAST I/4 OF SECTION 16, TOWNSHIP 48 SOUTH, RANGE 25 EAST, COLLIER COUNTY, FLORIDA; THENCE RUN SOUTH 00036'52" EAST ALONG THE EAST LINE OF THE SOUTHEAST I/4 OF THE SAID SECTION 16 FOR A DISTANCE OF 490.30 FEET; THENCE RUN SOUTH 88007'30" WEST, PARALLEL WITH THE NORTH LINE OF THE SOUTHEAST 1/4 OF THE SAID SECTION 16 FOR A DISTANCE OF 182.27 FEET TO A POINT OF THE WESTERLY RIGHT-OF-WAY LINE OF STATE ROAD NO. 45 (TAM lAM I TRAIL) AS THE SAME IS SHOWN ON THE STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION RIGHT- OF-WAY MAP FOR STATE ROAD NO. 45, COLLIER COUNTY, SECTION 03010 2519 SHEET 2 AND THE POINT OF BEGINNING OF THE PARCEL HEREIN BEING DESCRIBED; THENCE RUN SOUTH 01000'30" EAST ALONG THE WESTERLY RIGHT-OF-WAY LINE OF STATE ROAD NO. 45 FOR A DISTANCE OF 987.12 FEET; THENCE RUN SOUTH 88059'30" WEST AT RIGHT ANGLES TO THE SAID WESTERLY RIGHT-OF-WAY LINE FOR A DISTANCE OF 578.1 I FEET; THENCE RUN NORTH 01004'15" WEST FOR A DISTANCE OF 755.21 FEET; THENCE RUN NORTH 00050'08" WEST FOR A DISTANCE OF 223.16 FEET; THENCE RUN NORTH 88007'30" EAST PARALLEL WITH THE NORTH LINE OF THE SOUTHEAST I/4 OF THE SAID SECTION 16 FOR A DISTANCE OF 578.33 FEET TO THE POINT OF BEGINNING, CONTAINING 13. I ACRES, MORE OR LESS. AGNOLl, BARBER & DAGE, INe. PROFESSIONAL INEERS, PLANNERS & LAND SURVEYORS ~:'l~/ - 7 ie; t7 ---- .frvNE . AGNOLl, R.S.M. NO. 533(:~" . ,._ ....1..." REF. ABB FILE NO. 8834 .' L W-IO-0332G.DES/PN04-0112 , , , , , ,) 1-' S J ; " ", ", , '.;, , f , ~! ,- ~ . :, 7 LESSEE JOINDER, CONSENT AND SUBORDINATION For Ten Dollars ($10.00) and other good and valuable consideration, the adequacy and receipt of which are hereby acknowledged, Germain Motor Company, a Delaware corporatiOn (fka Germain, Inc.), the owner and holder of that certain Memorandum of Ground Lease Agreement dated June 17, 1991, between Germain Properties of Columbus, Inc. as lessor and Germain Motor Company (fka Germain, Inc.) as lessor, encumbering the real property described on Exhibit "A" attached hereto ("Property"), which is recorded in Official Records Book 1625, at Page 1266 (the Memorandum of Ground Lease Agreement is hereinafter referred to as the "Lease"), hereby joins in, consents to and subordinates the Lease as it has been, and as it may be, modified, amended and assigned from time to time, to the foregoing Conservation Easement, executed by Germain Properties of Columbus, Inc., as said Conservation Easement may be modified, amended and assigned from time to time, with the intent that the Lease shall be subject and subordinate to the Conservation Easement. IN WITNESS WHEREOF, this Lessee Joinder, Consent and Subordination is made this f"1iiL day of ~J!~",./L.. . 2009. WITNE7ES: Germain Motor Compan a Delaware , corporation L 1tfl Print Name: ;J, By: Print Name: TItle: o ~A> STATE OF flORIDA ) COUNTY OF COLUER ) ~regoing instrument was acknowledged before me this 'l6L day of - .~ 2009, by Robert l. Germain, Jr. as Vice President for Germain M r Company, a Delaware corporation, and who is [I] ~rsonally known to me or [ ] who produced as identification. ~-- ~~~!~~'1:-<-- Printed Name: .EL/?A,gcr,# ;>fic--"oLt'j~ My Commission Expires: t:rd oU., ~cJ / / G)~.. EUZABETliPACIOLlA : ~). MY COMMISSION '.00 667775 , : EXPIRES: Apnl2B, 20j j . BandedThru NotaryPublicUndefYl'l'~er5 . INSTR 4442870 OR 4577 PG 1526 RECORDED 6/17/2010 912 AM PAGES 2 DWIGHT E BROCK COLLIER COUNTY CLERK OF THE CIRCUIT COURT REC $1850 Ii EXHIBIT "A" LAND DESCRIPTION AS FURNISHED BY CLIENT A PARCEL OF LAND LOCATED IN THE SOUTHEAST 1/4 OF SECTION 16, TOWNSHIP 48 SOUTH, RANGE 25 EAST, COLLIER COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE NORTHEAST CORNER OF THE SOUTHEAST 1/4 OF SECTION 16, TOWNSHIP 48 SOUTH, RANGE 25 EAST, COLLIER COUNTY, FLORIDA; THENCE RUN SOUTH 00036'52" EAST ALONG THE EAST LINE OF THE SOUTHEAST 1/4 OF THE SAID SECTION 16 FOR A DISTANCE OF 490.30 FEET; THENCE RUN SOUTH 88007'30" WEST, PARALLEL WITH THE NORTH LINE OF THE SOUTHEAST 1/4 OF THE SAID SECTION 16 FORA DISTANCE OF 182.27 FEET TO A POINT OF THE WESTERLY RIGHT-OF-WAY LINE OF STATE ROAD NO. 45 (TAMIAMI TRAIL) AS THE SAME IS SHOWN ON THE STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION RIGHT- OF-WAY MAP FOR STATE ROAD NO. 45, COLLIER COUNTY, SECTION 03010 2519 SHEET 2 AND THE POINT OF BEGINNING OF THE PARCEL HEREIN BEING DESCRIBED; THENCE RUN SOUTH 01000'30" EAST ALONG THE WESTERLY RIGHT-OF-WAY LINE OF ST ATE ROAD NO. 45 FOR A DISTANCE OF 987. I 2 FEET; THENCE RUN SOUTH 88059'30" WEST AT RIGHT ANGLES TO THE SAID WESTERLY RIGHT-OF-WAY LINE FORA DISTANCE OF 578.11 FEET; THENCE RUN NORTH 01004'15" WEST FOR A DISTANCE OF 755.21 FEET; THENCE RUN NORTH 00050'08" WEST FOR A DISTANCE OF 223.16 FEET; THENCE RUN NORTH 88007'30" EAST PARALLEL WITH THE NORTH LINE OF THE SOUTHEAST 1/4 OF THE SAID SECTION 16 FOR A DISTANCE OF 578.33 FEET TO THE POINT OF BEGINNING, CONTAINING 13.1 ACRES, MORE OR LESS. AGNOLl, BARBER & NDAGE, INC. PROFESSIONAL INEERS, PLANNERS & LAND SURVEYORS / -7 /e; ~ ') bY}<E . AGNOLl, R.S.M. NO. 5331 ~ , " ~, : . ."", ';f... '" REF. ABB FILE NO. 8834 " W-IO-0332G.DES/PN04-0112 , / , ,) ,-, ~ J , '\ ''''''';, " " ~ :' , :' ~ ~ ." I 7 ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Attach to original document. Original documents should be hand delivered to the Board Office The completed routing slip and original documents are to be forwarded to the Board Oflice only after the Buard has takCIl action on the Item.) ROUTING SLIP Complete routing lines # 1 through #4 as appropriate for additional signatures, dates, and/or information needed. If the document is already complete with the excention of the Chairman's silInature, draw a line through routinl! tines #1 throu"h #4, comnlete the checklist, and forward to Sue Filson (line #5). Route to Addressee(s) Office Initials Date (List in routing order) l. <c.,.. 'IL~u, Executive Manager Board of County Commissioners C~ 9/7..1 )05) , /\-oJ (\1. I'-<:.-H e L ~ 2. Minutes and Records Clerk of Court's Office 3. 4. (The primary contact is the holder of the origillal dOi.:Ulnent pending Bee approval. NClrmally th~ primary contact is the person who created/prepared the executive summary. Primary contact information is needed in the event one oflhe addressees above, including Sue Filson, need to contact statJ for additional or missing information. All original documents needing the Bee Chairman's signature are to be delivered to the BeC office only atter the BCe has acted to approve the item.) Name of Primary Staff Contact Agenda Date Item was A roved b the BCC Type of Document Attached PRIMARY CONTACT INFORMATION Phone Number Agenda Item Number Number of Original Documents Attached INSTRUCTIONS & CHECKLIST Initial the Yes column or mark "N!A" in the Not Applicahle column. whichever is a ro riate. I. Original document has been signed/initialed for legal sufficiency. (All documents to be signed by the Chairman, with the exception of most letters, must be reviewed and signed by the Office of the County Attorney. This includes signature pages from ordinances, resolutions, etc. signed by the County Attorney's Office and signature pages from contracts, agreements. etc. that have been fully executed by all parties except the BCC Chairman and Clerk to the Board and ossibl State Officials.) 2. All handwritten strike-through and revisions have been initialed by the County Attorney's Office and all other arties exce t the BCC Chairman and the Clerk to the Board 3. The Chairman's signature line date has been entered as the date ofBCC approval of the document or the final ne otiated contract date whichever is a licable. 4. "Sign here" tabs are placed on the appropriate pages indicating where the Chairman's si nature and initials are re uired. 5. In most cases (some contracts are an exception), the original document and this routing slip should be provided to Sue Filson in the BCC office within 24 hours of BCC approvaL Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the Bee's actions are nullified. Be aware ofvour deadlines~ 6. The document was approved by the BCC on (enter date) and all changes made during the meeting have been incorporated in the attached document. The Count Attorne 's Office has reviewed the chan es, if a licable. · .Please file in BMR Real Property.. J 5" J.- J-90 16B5 Yes (Initial) X N!A(Not A lieable) 5rc:J X X X 1: Forms/ County Forms/ Bee Forms/ Original Documents Routing Slip \VWS Original 9.03'()4, Revised 1.2605" Revised 2.24.05 I OFFICE OF THE COLLIER COUNTY ENVIRONMENTAL SERVICES DEPARTMENT INTEROFFICE MEMORANDUM TO: Clerk to the Board, Board Minutes and Records FROM: Summer Araque, Environmental Services Department DATE: August 25, 2009 RE: Attestation and Recording of Conservation Easement Attached is a Conservation Easement for Germain Toyota, which has been approved by the Board of County Commissioners. Please attest as usual and hold the original documents until the applicant provides payment for recording. Then forward the packet to the Recording Department. Thank you for your assistance in this matter. Please send me a copy of the receipt via interoffice mail. Please send an email to SummerBrownAraque @colliergov.net when easement has been recorded. If you have any questions, feel free to contact me at (239) 252-6290 Attachments Routing Slip Conservation Easement Clerk of Circuit Court's Information Sheet OFFICE OF THE COllIER COUNTY ENVIRONMENTAL SERVICES DEPARTMENT INTEROFFICE MEMORANDUM TO: Board of County Commissioners of Collier County FROM: Summer Araque, Environmental Services Dept. DATE: August 25, 2009 RE: Acceptance of Conservation Easement Attached is a Conservation Easement for Germain Toyota. In accordance with Resolution No. 2004-209, approved by the Board of County Commissioners on June 22, 2004 under Agenda Item No. 16B5, I am requesting that if this Conservation Easement is acceptable, please sign or stamp as to approval of this Conservation Easement, and forward it, along with the attachments, to the Clerk for attestation and recording. Thank you for your consideration of this matter. If you have any questions, feel free to contact me at (239) 252-6290. Attachments Original Conservation Easement, Mortgagee Joinder, Consent and Subordination & Updated Title Opinion - 1 each for Summer Araque SDPA-2009-AR-1412S REV: 3 GERMAIN TOYOTA OF NAPLES Project: 2008100022 Date: 7/16/09 DUE: 8/13/09 TITLE OPINION FOR CONSERVATION EASEMENT LOCATED AT SDPA-AR-14125 - GERMAIN TOYOTA OF NAPLES 13329 TAMIAMI TRAIL NORTH This opinion is provided to: The Collier County Board of County Commissioners 3301 Tamiami Trail East Naples, FL 34112 I, Christopher J. Thornton, am an attorney licensed to practice in the State of Florida and I have this 9th day of July, 2009, examined title to the following property: See Exhibit "A" attached hereto and incorporated herein. evidenced by a title search report from Old Republic National Title Insurance Company, ORT file number 08111398, which covers all public records on file up to and including October 31, 2008 at 8:00 am, and update of title search report which covers all public records on file up to and including June 19, 2009 at 8:00 am. Based solely upon my examination of the foregoing, and assumIng the accuracy of the information contained therein, it is our opinion that: The record title to the above-described property is vested in Germain Properties of Columbus, Inc., an Ohio Corporation, by instrument recorded at Official Records Book 14] 5, Page 626, Public Records, Collier County, Florida (copy attached hereto). Said record title holder has a fee simple title thereto, however, subject to the following encumbrances or qualifications: I. Taxes: For the year 2009 and subsequent years (folio number 00155000007). 2. Open-End Mortgage, Security Agreement and Assignment of Leases and Rents between Germain Properties of Columbus, Inc., an Ohio Corporation, Germain Motor Company fka Germain, Inc., a Delaware corporation, and Bank One, NA, recorded in O.R. Book 2597, Page 1113: Assignment of Lessor's Interest and Rents recorded in O.R. Book 2597, Page 1142; and UCC-I Financing Statement recorded in O.R. Book 2597, Page 1159 as continued in O.R. Book 3610, page 3385; all of the Public Records of Collier County, Florida. 3. Memorandum of Ground Lease Agreement between Germain Properties of Columbus, Ine. and Germain, Inc. recorded in O.R. Book ] 625, Page 1266, Public Records of Collier County, Florida. Page 1 01'3 Respectfully submitted, ASSIDOMO, P.A. n- Christ her J. Thornton, Esquire Fla. Bar No. 0114936 ChetTy Passidomo, P.A. 821 5th Avenue South Naples, FL 34102 Phone 239-261-9300 Fax 239-261-9782 Page 2 of3 ~~~ :' : I t-., " .0' I , , ~m]i " '~ I I~ if I c~ . i: --~~J - , :; ~" :' ~~ ~; , ' 1 .' -f< iM"""VJ ~. '-".~3dC~" N,.""n:J c. r. p g ~ / 0 :C' , , ~ , " . - . ;;; , g ?;~ , ; ~il :~,; QJ ~g :>CAU JUJ' s , , ~ . " :';Be'~9'~O"'" ,-<. l~ , L '. '. ~~ '<~ ~: ! '~~~'~)'.!c-" '87 7~ SBB'C"'3n"\\ 710.S9 I I ,I 'J' l\ J i \,-- IJOi<Ti-lLRL( i..r'l~ , .' " o' ~~~ ~~i ts ;' " ~ s ~ i , . " " o ~ P'"CH' iO" ~62. "G ~'7 U.~ '5, PC~ ~e~-5"" Exhibit "N' '"~ ;~ , 'l'_~ . . 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'" - - -. . w~lII.Prn' DU. ...."'.....t..lfta 01252096 COlllER COll1lf't ......,oa. al 1l89ft8-} JJlD20 RECOROEO j ,. _.....Ir: ~athleen C. peeeldomo. Esq. HIlR'I'Ill, SECRIST' EMERY - 100 laurel Oek Drive, 8~lte 400 Hapl88,,~ 339'3-2118 """"......."... _ \101II..-.00: 000155000007 ...... .....-..TI ~~ . 0; ~. ., ~ .., 1; ~S^~- ,.t:!,j d"l :o.1l. .... . .':s. u".:- t ~ ...t"'u..1:! !:L. .., ~ "i ~ 8 i J CO ::gC::> ~.. ~.... ............_.11 . Warranty Jttd )104..100 .1./ PDAR ASSOCIATES, a Florida General Jor.o' DecemNr partnenhlp. A. /), 1988 ., ",""InRI'" tGlltd tAr gNtdo', '0 O_IN ,RO'U'I'118 OP COLUMIlUS. 11C.. an Ohio corporation w~..' po,'.lIb add."," 13491 11. Taoaiaml TraU. IIlpl.l. Fbolda 33963 ~ ~,",lnllf'tCllUrcf"" 8'llftlt'lI': .n :~:: ~ ~';'.'~:~'::~'d':~~;':"''''~''~~~-:~''='; ~t~:r:..~J"~=::f m 1Illaastdt: ltal duo flflmhtr. lor oftd In ......ull'rrGlklfl II' tflr .lIm of S 10.00 Gnd olh" ....ucaLlf ~nlldrNNuRl. "ttlpl 1J.111'...,.A'., '1,,",1., C1tlfllllt,L't~'r1I. II....,~)I 8"_1" ~nrpofn., .",f.. J't'IlL ,~. -'.n, "lNlu. (alW)'1 .nd ~nf~""" tllll. ,b, nronm. off ,Ln. C'trtalll LUld .lIlta'. 'ft Collier Co~n1)'_ Florfd,,_ "Is: ISee attlched Exhibit 'A') suB.JEC'I' TO reltrlctione anoS ......nta 00",01l to the ellbdivleion, loning Ind UBe reltrictione imposed bv 90vernmental authOrity. and o~utandlng 011. '.Iaa IUld mineral lnteralte of record, if any. R.",,1,,4 S IQ.3I1. s;D n.......ntory SI.mp Ta. Received _ J It CIon "(.,'" Inl:ln3;hIQ 6;l "u,.id rrWl.'1l)' T.... COLLI COUNTY C E KTS BY D.C IlJgtllatt wuh oil .~. ........... ~..odn '" 1",,,10 &.It....'" .. I. ..,. .... Clpp"'...nfnS. t. 11M and II Jleld. w -- ,. /0. -" 10-. loll ,,,, ....... ~"",, ........,. ..uA .oIl ...,.. 110., ,,,, .......... '-f.U, ..I.... 0/ .... r..d I. to. ...,10, ",.'I~. ....... A.. ,..d ...~, .... ""'.1 .."',ri', I. "II .... ....., .... Ionl. "'"' ,100 _" '-~, lull, ......... I~' ullo .. ..rd It'" ... w,lI 10/.... .", ..... ..- lit. ..../01.,,'-0 .1 .dl ,.,.,'" w'-""""'l ondlMe told ..,.., II'"" 01 .n fftft'/II........ ....JllIaIt. ocmdq 11&1....,.- ,. /).....t..r II. 19BB. In 1MIuss IIllIrnf. .A. ..,. ....... ~.. "",tc1 ,.d ...r.d III... __ "" dot ... "., rln. .1Kw. WIi...... ~. ...W .... d.h...... .. ... ........, DIlA1l ASSDCIAftlS. PIc-rille Oaneral . . ..~~...._.._.. ::~~narBhi I ~f ."t.~..._. ,......... ...~~.,........... BY.Ra j iiAII .;........,.,. sTAn o. PLORID11. } Gen.ral Partner ClOUlItY OF COloL11lR . I..:~~ .^",_"~ 'J' ~...... CDnn .... . ... ..... W.. -. .. ..... .Idr ..\horlffill. _ Statt lIC<<nrid u. irI~~" ~IP .. IItbo1f~ ,....u, ....... RAYMOllD J. DeAIIGBL1S. a Ge1\~~l!artll4'\Of ODllR ASSOCIATIS, a Plorida General 'aztn.rahlp...... & Ill;..... tr' . .....1........"'0_ _i..41o,!t.'.I!............~~_..... he "_4 w........ 11_ arRU4At..... .:~.' \:~II '"1'".. i'J l Wtl'NUSlII, lan4_llt.IkW... '- .~;Ct..;'_'~. .r--W dill :a~ .... flI Jan~;r~O:"~U~M"~-::->.:~>:.<-..~ . ..., l~ftU "'h_'~ i.~' ,'!!" . ~. ry'" 81gned. e.aled and del1ver.d ~- 8'1'ATI or FLORIDA. COUIITY. OF COLLIIlR '. O.OUIS OR BOOK OOOlll PAGE 1 IfllR"8Y CI!RTII'Y that on thi. day. baforo .... an officer duly authodud ln tho Stlto .fo.o&.ld and ln the COuty .for...ld. to toke l.knOlOled9ll'onte, perlo...lly app.l.ell JOII RUBINTOH, a Ceneral Fortne. of 0DllIl AS!lOClA'fIlS. a Plod.,. c.n.ral 'utnerehlp. to 1110 known to b. the poroon doe.rlbed ln ani who eKe..ted the fo..goln9 In.tr....nt end ho ocknOlllod;o4 before mfl that he executed the saM. 1I1THIllS fDY he.nd and offidel ..el In the COU!!ty and Stat. 1.et.,for...ld thl, ~ dey of Jon.ery 1'.0.1989. ,..".",,,y ~,,",!W~"r:'-'lIlre:' ~~ ,... .' 1....., 1OO1UII"IIII1\..,...... ;....:.... .-:....:< .'<. . . 1I0t' P. 'c ..} . ..-, . ':i(9IlIU;)'?, \,. ':1 .~ t, ~. ~ .:t~' . ~ \ 'J 1 :i; .." ..::'''~::.~:,~d:,:~<' Sl~...~.oaled .nd deUverod 1n .,....~ it"....n".. pre,_ ... ",n' ;". . ,;' ~:.,:' - .' . 'lCQRPOtA.nSJ!I\r.i!;.. , :=yO~r '!:.:~:t . ., .,:::):::..;:..;.:..' . I KIlRBBY ellRTIPl that on thlo d.y. befo.. me. aD .o~U....r duly authod.ed ln the state and COUnty Ifor...ld tIa take .cknowledgmente. peroonOlly oppo.red P1110BRICK ROTH, ..ell Rllcnm tll .e to ba the pro.14.lIt of tha cozporation n.med .. vrantor In the foro'Joln", d..a, and thot ho aCkllOlllod,04 ....wW, the ....e 1n the pu..nea of twO eubacrlblnv witll..... freoly a.d voluntarily ""d'" a.thor11:y daly ".at.d in th... by a.lt1 oorporaUon anti that the ...1 affixea th.reto i. the true coqorate ...1 of ..1d. corporation. ~~ ODM ASSOCIATES. a I'lodde Goneral Fartner.hip By OITAGOII COII~.. a Corpotatlon. .ara By' . t1I1\IBSS my hand .nel offioial _1 in tllll COlmty anti State last aforeoaid thle ~ day of Dlo"""or A.O, 1988. My .0...i.l1on .spir..' ~__..L ~ _ t;;.,., D...-L:. ~H ryJlUbUo (BBAL) .. .~_.. ".4' ,.' 'UOHI5 OR BOOK 000628 PAGE JIIIIIIJ'I' "1\" A parcol of 10n4 10cotd in tIIo southo..t 1/4 of secUon 16. 'I'olI"'hip 48 south. Ran98 25 hot, coUie~ County, Florida. bail19 mo~e po~tlculo<Y 4..c~ibe4 .. follow" comaenc. at tho Hotthoa.t cotner of tho Southo..t 1/4 of Section 16, 'I'olInohip 48 South. Ron,e 25 S..t, colliu county, flod4u tbollce nn S. 0"36'52" I. alon, the lut 11M of tho South...t 1/4 of the .oi4 s.etiou l' for a 4ietance of 490.30 feet' thine. run t. 88"01'30" W.. p.raUel ..ith tho Honh Une of tll. 8outhe~.t 1/4 01 the ..14 s.cUon It for 0 dieto_ of 182.21 teet to a point of tho 1I..t.dy Ri9ht-of~1I0Y 1I.n. of Stat. lload Her. 45 ITolllillllll Tr.ill .0 tho .... ia 011_ on tll. St.t. of flodd. Deper_nt of 'l'ran.port.tion Right-of-"'Y m.p for Stete Roa4 Ho. 45, ColUe~ COuftt:y, '.ction nOlO ZS19 811..t 2, thanc. run S. 1"00'30. I. .10n9 tho lIeatedy IUg-IIt-ofoll.y Une of ltote Ro04 No. 45 for a dlatonee of 981.n feet, thonc. run S. ""59'30" II. .t r19ht an9100 to tile oa14 weltedy Riqllt.....f~llIIy Une for. 4ietenoe of 518,11 fe", tllence run H, 1'01'15" II. for. di.t.no. of 155.21 feet, thdC. run H. 0'50'0." If. for a dlatance of 223.16 teet' th....ce run H. ,.'01'30. S., par.U.l with the North Une of tho sout.....t 1/4 of tho o.id Section 16 for. dl.tance of 518.33 feet to tb. POIN'I' or 8BGIIIIIIHG, contll1ninq 11.0522 .cree, mora or le8ll. .-!~~M ~"t?~;'t>\II'" ~..i>>" .d .,' . ~t. IA~: l1IEISEfl. KOBZA & UElE'RFARII 4001 Tllmlannr N . 6. 330 H.... Fl 34fU 2538417 OR: 2597 PG: 1113 UCOIDID II onlell!. IICOIDI 01 CO"lII llIlIft. R It/tlllllllt 11:1.. 11111'I1. IIOCC, CIIII DUD 11Il11..... 1I~1 IlIllltt." DC ID 111." IOC', II 1l!1!.2' 11,",,'1 1Il1l.1t .r , 1I111: mlllllOlU n &I .01. T!IUlI Tl . tIID Will R llltl THIS MORTGAGE SECURES OBUGATIONS OF BORROWER IN THE ORIGINAL STATED AMOUNT OF $27.000,000. THIS MORTGAGE IS A UEN UPON REAL PROPERlY SITUATED BOTH IN FLORIDA AND OHIO. BASED ON CURRENT APPRAlSAUI, THE VALUE OF THE REAL PROPERlY SITUATED IN THE STATE OF FLORIDA CUNsmUTES 86.89~ OF THE VALUE OF ALL OF THE REAl PROf'fIlTY SECURITY. THEREFORE DOCUMENTARY AND INTANGIlllE TAXES ARE PAYABlE IN FLORIDA IN THE AMOUNT OF $03.277.20 AND U6.'58.40 RESPECTIVB.Y, BASED ON 1)6.89% OF THE TOTAL OBLIGATION Ii... .1B.079,2OO) OPEN-END MORTGAGE. SECURrTY A\'i1IES MT AND ASSIGNMENT OF lEASES AND IENTS THIS OPEN-END MORTGAGE. SECURITY AGREEMENT AND ASSIGNMENT OF LEASES AND RENTS (herein "Instrument"' is mllde as of the 7fo,1, dllY of September, 1999. betv.een the grantor. GERMAIN PROPERTIES OF COLUMBUS, INC.. en Ohio corporation and GERMAIN MOTOR COMPANY Ifka GERMAIN, INC.I, a Oalawere corporation (collectively. herein "Borrowers"i, both of whose addresses Is 5777 5csrborough Bouleverd, Columbus, Ohio, end the grantee, BANK ONE, NA. whose eddresB is lOa east Broad 5traat, Columbus, Ohio (herein "Benk"). WHEREAS, Germein Properties of Columbus, IIIc. is the owner of the reel property delcribed in Exhibit A herato. WHEREAS, Gormain Prop.niBs of Columbus, Inc. has leased the said real property to Germain Motor Company pursuant to a certain Ground Lease Agreement dated June 15, 1991 for which a Memorandum of Ground Lease Agreement was Ubtarv: Columbll; OOCUmtll1 ~-. 1021S02v1 - 1 ~ ~ U<<; 'J" fb: 111' . . . .' . . recorded on ~une 19, 1991 in OR Book 1625, page 1266, Public RI/cords 01 Colli.... County. Flori,la (as the same may be hereafter amended or modilied the "Ground Lease"l. WHERl:AS, Bank and Borrowers heve executed a Reimbursement Agreement 01 even dete herewith (the "Reimbursement Agreement") whereby Borrowers shall a9ree to reim 'ulse Bank for any amounts paid by Bank as a result of a draw upon an unconditional irrevocabla, direct pay letter of credit tthe "letter of Credit"} issued by Bank or an ..fljllate of Bank for the account of Borrowers. $15.000.000 01 the original steted amount of the Lettar of Credit is allocable to Borrowers. The Letter 01 Credit has be In or will be issued by Bank or an affiliate of Bank as security for a loan to Borrowers fram CAPITAL ONE FUNDING CORPORATION in the originel principal amount of $15,000.000. WHER ;AS, Benk and Borrowers have executed en ISDA Master Agreement (including en i Schedules or Confirmetions thereunder enllred into by the parties at eny timel concurrelllly with the Reimbursement Agreement (the "Master Agreement") which is necessary for Borrowers 10 enter into an intI/rest rate swap, which will b, nelit Borrowers. WHEREAS, Bank and Germain Motor Company executed e Loan Agreement on Septf/mbJr 9. 1999 to evidencl' a line of credit In the maximum amount of Twelve Mill; 111 Dollars ($12,000,0001 to be utilized in the businass activities of Germain Mo'or Compeny, including the acquisilion of new df/alerships or real estate (the "Line 0' Credit"). The Line of Credit is guaranteed by GERMAIN PROPERTIES OF COLUMEUS, INC. WHEFEAS. to induce the Benk to enter into the Line of Credit. the Borrow..... have each e.(ecuted end delivered to the Bank an Unconditional Corporete Guaranty Agreementllffective September 9, 1999 (the "Guaranty"), pursuant to which the Borrowers hevf/ guaranteed to the Bank the prompt payment of all sums dUf/ from thf/ Borrow',rs and any Affiliates under the Line of Credit. Thf/ Reimburse"","t Agresment. Master Agreement. Line of Credit and Guaranty shall hareinaflar bf/ collectivelv referred to as the "Loan Agreements". Germain of Dublin, Inc.. Germain of Naples, Inc., Germain Nissan of New Albany. Inc. and Germein of Sarasota, L.C shall hereinafter be individuailv referrf/d to es an "Affiliatf/' end collectively ..Ierred to es "Affilietes". TO SECURE TO BANK (el the repayment of any amounls due 10 Bank under the Loan Agreements with interest thereon, end ell renewals, extensions and modifications thereof; (bl the payment of ail other sums with interest Ihereon advanced in accordence "f/rewith to protactthe security of this Instrument; (cJ the performance of the covener,1s end agreements of Borrowers herein contained; end Idlto secure all other preslllt or fulurf/ obligations. agreements or indebtedness between Borrowers or eny Aftil'te Bnd Bank or any affiliate of Bank, Germain Properties of Columbus, Ubr.ry: CQlumbUll OQC\,ImlOt': lQ2W2..,' .2- OR: 2597 PG: 1115 Inc. does h'lTeby mortgage, grant, convey and assign to Bank the real property dascribed in Exhibit A attached hereto and mada a part hereof; Germein MDtDr CDmpany doss hereby mDrtgage, grant, cDnvey tD Bank all of its leasehold estete and interest und." the Ground Leasa (the real property dascribed on Exhibit A and the GrDund lea:18 are referrad to as the "Real PrDperty"); and Borrowers hereby mortgage, glint, convey end assign ell buildings, improvements, and tenements now or hereefter 'Kected on the Real Property and owned by Borrowers, and all heretDfore or hareafter ',acatad alleys and streets ebutting the Real Property, and all easements, rights, appurtenances, rents, royalties, minerel. oil end ges rights and profits, water, water rights and water stock appurtenant to the Real Property, and all fixtures, machinery, e~uipment, engines, boilers, incineretors, building materials and appliances whetsoever lOW or hereefter located in, or on, or used, or intended to be used in connection with the Real Property, including, but not limited to, those for the purposes of lupplylng or distributing heating, cooling, electricity, gaa, water, eir and light; and all elevators, and related machinery and equipment, fire prevention and extinguishing apparatus, security end access control apparatus, plumbing, bath tubs, water haate.., water closets, sinks, rangas, stoves, refrigerators, dishwashers. disposals, w.lShers, dryers, awnings, storm windows, storm doors. screens. blinds, shades, curto.ins and curtain rods, mirrors, cebinets, paneling, rugs, attaChed f10Dr coverings, fllnilure, fixtures and equipmenl now owned or hereafter acquired and used in, on (r about the Real Property (excluding, however, leased equipment) ali of which, to tte extent owned by Borrowers, including replacements and additions thereto, shall be deemed to be and remain a pert of tha Real Property covered by this Instrument: Ind, to the extent permissible bv law, all licenses, permits Ind certifications end all other general intangibles owned or used in connection with the operation of 'he Real Property covered by this Instrumant: any and all other, further or additional titl.s, estatas, interests or rights which may at any time ba acquired by Borrowers in or to the Reel Property; and all of the proceeds of eny of the foragoing, All of the a )ove, including the Raal Property, are hereinafter referred to as the "Property". Borro...'ers covenant that Borrowers are lawfully sei~ed of the estate hereby conveyad III> I have the right to mortgage, grant, convey and assign thair respective rights, title a1d interests in and to the ProparlY, that tha Property is unencumbered except for euements of record thet do not materialiy interfere with the current use of the Property end thet Borrowers will warrant and defend generally the title to the Property agal1st all claims and demands, whatsoever. Borrowers and Bank covenant and agree as follows: 1. QAYMENT OF AMOUNTS DUE UNDER THE lOAN AGREEMENTS: OPEN. END MORTGAGE. Borrowllls shall promptly pay when due all emounts which shell become due to Bank llnder the Loen Agraemenls and all other sums secured by Ihis Instrument. This Instrument is intended to be and shall be construed III lII1 open-end mortgage and shall secure the maximum principal amount of the Lolll1 Utw.-y: Cdumbul: Documlnt'; 102602'0'1 ~ 3 - I vn, ~~~, JUt I!AU .' Agreements t)!lether with interest thereon an~ such other amounts es shell become due and owir41 to Bank from Borrowers pursuant to the Loan Agreements or this Instrument. 2. :'UNOS FOR TAXES. INSURANCE AND OTHER CHARGES. Upon default in parment of any of the following described items. Which default continues for a period (,f thirty (30) days or upon the occurrence of an Ellent of Default under any of the toan Agreements, Bank shall halle the right, et its option. to require Borrowers to pay to Bank on tha first day of aach month. for so long any of lhe Loan Agreements -emain in effect. a sum (herein 'Funds') equal to one-twelfth of la) the yearly water .nd sewer retes and taxes and assessments which may be levied on the Property; Bmllb) the yearly premium installments for fire and other hazard insurance. end such oner insurance cOllering the Property as Bank may raquire pursuent to peregreph 5 1ereof, ell as reasonably estimated initially snd from time to time by Bank on the basis of assassments and bills and roasonabls estimatas thereof and Bank shall use Ihe Funtl to pay said items provided in Section 3 hersof. Anv waivsr by Bank of a requi,eme,t that Borrowers pay such Funds fallowing a Borrowlll"s default in payment of sny of such items ar the accurrance of an Event of Deflult under any of the Loen Agreements may be revoked by Bank, in Bank' s sole discretion, at any time upon notice In writing to Borrowers. The Funds shall be held by Blnk and shall be applied to pay said rates, Lease, rents, other rents, taxes, assessments, insurance p,emiums ('Other Impositions"' so long as an:vent of Default has accurred under anv of tha Loan Agreements. Bank shall make no charga for so holding and applying the Funds. analyzing laid account or for verifyin!l end compiling seid assessments and bills, unless Bank peyl Borrowers interest, eemings or profits on the Funds and applicable law permits Benk to make such e cherge. Unless applicable Ilw requires intarest, earnings or profits on the Funds to 1Jo, paid. Bank shall not be required to pey Borrowers any interest. earninQ$ or profits {IJ1 the Funds. Bank shall giva to Borrowers. without charga. an annual accounting of the Funds showing cradits and dabits to tha Funds and the pwpose fo' which eech debit to such Funds was made. The Funds are pledged as edditional security fa. the sums secured by this Instrument snd shall be subject to the right 01 set off. If Ih amount of the Funds hald bv Bank at Ihe time 01 tha annual accounting the'eof shll 8J<cead tha .amount deemed necessery by Bank to provide for the payment "f water and sewer rates, taxas, essessments, insurance premiwns. rents and Other ImpositifJnS. as they fall due, Bank mey epply B part Or all of such 8l<CeSS at such tine or times es it may elect to principal or interest dUB under any of the LOM Ag_manlll or any amounts due undar this Instrument. If at any time the emount 01 the Funda hald by Bank Ihall be lass than the amaunt deemed necessary bv Bank to pav water and SBwer r8t8s, tsxes. easeuments, Insurance premiums, rants and Oth.. lmpolitior.. 8S they fall due, Borrowars shall, on demand, pay such deficiency. Ubr-v: Colul'l~'; OOClJlTWlnt ,: I02502v1 - 4 - OR: 2597 PG: 1117 Upon J Borrower's breach of any covenant or agreement of Borrowers in this Instrument or upon the occurrence of an Event of Dafault under any of the loan Agreements, Bank may apply, in any amount and in eny order as Bank shall determine in Bank's SOIl discretion, any Funds held by Bank at the time of application 'a' to pay rates, rents, taxes, assessments, insurance premiums and Other Impositions which are now or v.'1II hereafter become due; or (bl as e credit ageinst sums secured by this Instrument. Jpon release of this Instrument, Bank shall promptly refund to Borrowers any Funds hE Id by Benk. 3. APPLICATION OF PAYMENTS. All payments received by Bank from Borrowers ur der the loan Agreements or this Instrument shall be applied by Bank In the followin[ order of priority: (a) amounts payable to Bank by Borrowers under paragraph 2 !Iereol; (b) interest payable on amounts due under the Loan Agreament,; (cl principal due under the loan Agreements; (dl interest payable on advences made pursuant to ~aragraph 8 hereof; (e) principal of advanC85 made pursuant to paragraph 8 hereof: ane (I) any other sums secured by this Instrument in such order es Bank, at Bank's optioll. may determine; provided, however, that Bank may, at Bank's option, apply any suns to interest and principal pavable by Borrowers pursuant to paragraph 8 hereof prio. to amounts due pursuant to the Loan Agreements and further provided that, in the Event 01 a sale as provided in paragraph 25 hereof, the proceeds of the sale shall be applied lirst to the costs of ..le end thereafter as otharwise set forth herein. 4. CHARGES: LIENS. Borrowers shall pay all weter and sewer rates. rents. taxes (not bfing diligently contasted by Borrowars in a timely manner), assessments, premiums, nd Other Impositions attributable to the Property. Borrowers shall promptly disl:harga any lien which has, or may hava, priority ovar or equality with, the lien of .Ns Instrument. II a mechenic'. lien Is filed againsl Ihe Propsrty, Borrowers st~1I promptly notily Bank and, at Bank's raquest, shall, at Borrowars' option. but Sllbject to tha right to contast hereinafter set forth, either (H eacrow with Bank or wilh the consent of Bank deposit in a court of compelent jurisdiction B sum of money eq Jal to the amount of the lien, or (iil provide a bond against the lien in such amount .nd in such manner as to discharge the rien as an encumbrance againlt the Property. Without Bank' 5 prior written permission, Borrowers shall not allow any lien, encumbrance, or other interest in the Property infarior to the lian 01 this Instrument tc be perfecled against the Property. 5. HAZARD INSURANCE. Borrowars shall keep the improvements /lOW existing or '18reaf:er erectod on the Property insured by catriers at all times satisfactory to Bank against loss by fire, multi-peril hazards includad Within th. term "extended cc.verage", rant IOS5 (if applicabla) and such other hazards, c.suallies, liabilities and contingencies a. Benk shall reasonably require and in an amount not less than Bo'Towers' allocable shere of tha original stated amount of the Letter of Credit. Sue" insurance shall insure the Property on 8 replacement value blsi.. Borrowars shill also carry comprehensive genaral liability insurance wilh a minimum L1blwy: Ccllumbul: Documtn1'; 102602...1 - 5 - OR: 2597 PG: 1118 Df $3,000,000 CDmbined single limit bodily injury/property damaga liability with a $10,OOO,OOC umbrella policy limit. All pDI; cies Df insurance required by the terms Df this Instrument shell prDvide or cDntain er endorsement by the insurer thereDf thai any IDss shall be payable in accordance vrith the terms Df such policy notwithstanding any act or negligence of Borrowers wttlch might otherwise result in forfeiture of said insurance and the further agreement of the insuror waiving all rights Df sot-Dff, cDunterclaim or deductions against Borrewors. In addition, such policies shall conteln an agreomont by the insurors thoreof thet such pDlicies shall not be cancelad or changed except upon not loss then 30 ,leys prior written notico delivered to Bank. BDrrowers shall determine if the PrDperty is located in a federally Idantified f1Dod hazard zone and if the Property is so IDcated, BDrrowers will provide flood insurance covlrsge in a reasDnablo amount as detarmined by Bank. All insuance policies and renewals thereof shall be issued by companies with e Best's Insurar ICe ReDorts policy holder's rating of A + Dr better and a financial size category Df Cass XI or better, shall be in a form accoptable to Bank and shall Include a standard mllrtgagee clause in favor of and in form acceptable to Bank. Benk shall be listed as a mortgagee, loss payee and eddiliDnal insured of all such policies. Bank shall have the right tD hDld the pDlicias, and Borrowers shall promptly furnish to Bank all renowal notices and all recoipts Df paid premiums. At loast thirty days priDr tD the expirallDn dat. Df a policy, BDrrDwors shall deliver to Bank a renewal policy In form satisfectory te. Bank. If Bank Is mada a party defendant to any litigation cDncerning this Instrument or the Propen y or any pert thereof Dr interest therein, or the Dccupancy thereof by Borrowers, a,.d such litigation is not causod by any acl of Bank which constitutea grosa negligor ce or intontional misconduct on the part of Bank, then Borrowers shall indamnify, del.nd and hold Bank harmless from all liability by reason of said litigation, including reasonabla attorney.' fee. and expenses incurred by Bank in any such litigation, WhE thar Dr not any such litigation is prosecuted to judgment. Borrowers waive eny an:l all right to claim or recovery against Bank, its officers, employees, agent! and nopresentaljves, for loss Df or damage to Borrowers, the Property, a Borrower's pr.'perty or the property of others under a Borrower's control from any cause insured against or Tequired to be insured against by the provisions Df this Instrumont, e.cept when such claim or recovery arises out of an act of Bank. In the went of loss, Borrowers shall give immediate written notice to the insurance carr.er and to Bank. If an Event of Default has occurred under any of the Loan Agroemnnls, Borrowers shall be pormittod, and Borrowers hereby authorize Bank, to act I. attorney-in.fact for Borrowers to make proof of loss, to adjust end compromise .'lY claim under the insurance policies. to appear in and prosecute any action .rising ';rom such insurance policies, to collect and receive insurance proceeds, Library; COlumbu.; tocumtnt I: 102502..., . 6 . OR: 2597 PG: 1119 and to deduc: theralrom Bank's expenses incurred in the collection 01 such proceeds; provided, however. thet nothing conteined in this paragraph 5 shall require Bank to incur any expense or take any action hareunder. In the avent of loss, tha proceeds of said insuranc.J shall be paid, held and disbursed as hareinalter provided. If the f'roperty is sold pursuantta paragraph 25 heraof, or il Bank acquires title to the Proper:y, Bank shall have all 01 the right. title and intarest 01 Borrowers in and to any insura 1Cft policies and unearned premiums thareon and in and to the proceeds resutting frorYl any damsge to the Property prior to such sale or acquisition. Providroll that Borrowers ara not in default hereunder and an Event 01 Delault hes not occlned and is continuing under any 01 the Loan Agreements. insurance proceeds sha , be held by Bank to reimburse Borrowe,. for the cost ot restoration IIIld repair of the Propeny. and the Propeny shall be reslored to the equivalent of ilS original condidon or such other condilion as Bank may approva in writing. Bank may. at Bank's option. condition disbursement 01 said proceeds on Bank's approval 01 p1I1TlS and Sl*lIications 01 en architect satislactory to Bank. contractor's cost estimates, .::hitect's certilicetes, waivers 01 lien, sworn statements 01 mechanics and materi8l1l8n end such other evidence 01 costs, percentage completion of construction. application 01 payments. end satisfaction of liens as Bank may re8$Onably require. " the amount needed to complete such repairs or restoration is greater thllll the amount 01 insurance proceeds available, Borrowers shall, at the election 01 B..k Ind within si~y (60) days from thl date of loss, (i) deposit with Bank the diH wenee between the estimated amount needed to complete such repairs and the eVlil,!ble insurance proceeds. or (ii) pay Irom Borrowers' own lunds all costs attribullble t I such repair or restoretion until such time as the estimated remaining cost 01 the ..pairs or restoration is less than or equal to the available insurlnce proceeds. "the above conditions ere not met, Bank, as Bank may elect. may apply such proceec., in whole or in part, toward payment of any amounts due under the Loan Agraernnts, or, at Bank's option, Bank may hold such proceeds as additional security for forrowers' obligations under the Loan Agreements, the unpaid portion of the debt to temain in force and there shall be no changes or modilications to the peyment tern. thereol. 6. PRESERVATION AND ~AINTENANCE OF PROPERTY. Borrowets (al shall not commit waste or permit impairment or deterioration of the Property; lbl shell not ,!bandon the Property; (cl shall restore or repair promptly and in a good and workma,~ike manner In or any part 01 the Property to Ihe equivalent 01 its original cond.lion (except lor obsolete equipment). or such other condition as Bank may approve In writing. in the event of eny damage, injury or loss therelo, whether or not insurancE' proceeds are availabla to cover in whole or in part the costs of such restoration or repair unless the improvements portion 01 the Propeny ara totally destroyed, in JU,ance has been ma;nteined thereon as required by this Instrument and Bank epplies the proceeds 01 said insurence to Ihe lull payment 01 the sums secured by this Instrument (or, il such sums are not then due, Bank may hold such proceeds l.itIrwy: CoUntluf: Documen1': 102!li021il - 7 . OR: 2597 PG: 1120 as security n lieu 01 the Property); (dl shall keep the Property, including improvements, Ihctures, equipment, machinery and appliances thereon in' good repair and shall rephce improvements, fixtures, equipment, mBchinery and appliancea, but excluding ob'lOlete equipment, in good repair; Ie} shall comply with atl laws, ordinances, regulations and requirements of any governmental body applicable to the Property unl81a Borrowers are contesting the sama in good faith and such contell1 dOBs not unr"esonably jeopardize the continued operation of the Property; and (f) shall give not ce in writing to Bank, Bppear in and defend any action or proceeding purporting to effect the Property. the security of this Instrument or the rights or powers of Bank. Neither Borrowers nor env lenant or other person shall remove. demolish or a:ter any improvement now existing or hereafter erected on the Property or any lixture lother than trede fixturosl. equipmont, machinory or appliance in or on the Property .xcept when incident to the replacement of improvements, fixtures, equipment, m,chinery and appliances with items of lika kind or additions, and except replacemants or ramovals in the ordinary course of Borrowers' business. 7. HSE OF PROPEI!IY. Unless required by applicable law or unless Bank hes otherwisl. agreed in writing, Borrowers shall not allow changes in the use for which all or eny part 01 the Property was intended at the time this Instrument was executed. Borrowers shell not initiate or acquiesce in a change in the zoning classification .,f the Property without Bank's prior wrinen consent. 8. !'fIOTECTION OF BANK'S SECURITY. II Borrowers fail to perfonn the covenents anti agreements contained in this Instrument, or if any action Dr proceedin" is commence I which affects the Property or title thereto or the interest of BlInk therein, includng, but not limited to, eminent domain, insolvency, code enforcement, or arrangemMts or proceedings involving a bankrupt or decedent, then Bank et BlInk's option may make such eppearances, disburse such sums and take such action a5 Bank cle8/T" necessary, in its sole discretion, to protect Bank's interests, Including, but not limit..! to, (al disbursament 01 attorney's fees; (bl entry upon the Property to make repairs; and Ie) procurement 01 satislactory insurance as provided in paragraph 5 hereol. Any anounts disbursed by Bank pursuant to this paragraph 8. with interest tharec.n, sha I become edditionel indebtedness of Borrowera secured by thia Instrument. Unless Borrowers and Bank agree to other terms of payment, suc;h amounts shan be immediately due and payable and shall bear interest from the date of disbufll8lll\lnt et tha highest rate stated in the Loan Agreemants unless collection from Borrowe.. of interest at such rate would be contrary 10 appliceble law, in which event auch ...ounts shall bear interest at lha Default Rete specified in the Reimburseme'rt Agreement. Borrowers hereby covenant and agree that Bank shall be subrag.led te the lien of any mortgage or other lien discharged, in whole or in perl, by the indeb1edness secured hereby. Nothing contained in this paragraph 8 shall require Bank 10 incur any expense or take any action hereunder. l.t",'y: CoUnbuI: ~,: 1011502,,1 - 8 ~ OR: 2597 PG: 1121 9. NSPECTION. Benk may maka or cause to be made reasonable entries upon and in5pections of the Property with reasonable advanced notice and during normal busi",ss hours unless otherwise agreed by Borrowers. to. .WOKS AND RECORDS. Borrowars shall keep and maintain at all times completa and BCcurate books of account and records adequate to rellect correctly the operation of the Property end copies of all writtan contracts, leases and other instruments v/hich affect the Property. Such books, records, contracts, lea688 and other instrum Ints shall be subject to examination and inspection at any reasonable time by Bank. 1 1. !:ONDEMNA TION. Bo1lowers shall promptly notify Bank of eny action or proceeding relllling to any condemnation or other taking, whether direct or indirect, of the ProperlY, or part thereof, and Borrowers shell appear in Dna prosecute any such action or proceeding unless otherwise directed by Benk in writing. Bank, at Benk's option may act as attorney-in-fact for Borrowers to commence, appe.r in and prosecute, in Bank's 00. Borrowers' names, any action or proceeding releting to eny condemnation or other taking of the Property, whether direct or indirect, and to settle or compromiatl any claim in connection with such condemnation or other taking. The procaeds of any award, payment or claim for damages, direct or consequential. in connection with any condemnation or other taking, whether direct or indirect, of the Property, or ~ert thereol, or for convayances in lieu of condemnation, are hereby essignlld to ard shall be paid to Bank. With thl consent of Bank, which consent shall not be unreasonably withheld, Borrowers mEY epply such ewards, payments, proceeds or damagea, ahar the deduction of Bank's expenses incurred in the collection of such amounts, to restoration or repair 01 the Property. Otherwise such sums so received shall be applied to pay'l1ent of any amounts due under the Loan Agreements, or, if no such amounts are lhen due, held by Bank as security for Borrowers' or any Affalatea' obllgetions un,ler the Loan Agreamants. Borrowers agree to execute such further evidence of assignment of any awards, proceads, damagas or claims arising in connection with such condemnation or taking as Bank may require. 12. BJRROWERS AND LIEN NOT RELEASED. From time to time, Bank may. at Bank's option, without giving notice to or obtaining the consent of Borrowers, BOI rowersl succesSOr' or assigns or of any junior lienholder or guarantor, without liabilit I on Bank's part and notwithstanding a Borrower's breach of any covenant or aereement of Borrowers in this Instrument, extend the time for payment 01 any amounts due under eny 01 the Loen Agreements or any other indebtedness secured by thiE Instrument or eny pert thereof, reduce the payments thereon, release anyone lieble l>r payment 01 such emount., relea.e from the lien of this Instrument any part of thll Property, take or release other or additional security, reconvey any part of the Pruperty, coneent to any map or plat 01 the Prope'1Y, consent to the granting of an~ easement, join in any extension or subordination agreement, agree in LibtfolV: Clltumbul; O"wlMnt': 1 02502,,1 - 9 . OR: 2591 PG: 1122 writing with Borrowers to modify any term or condition of any of the Loan Agreements, including any term or condition releting to the payment of money. AnV action. taken by Bilnk pursuant to tha terms of this paragraph 12 shall not affect the obligation of 30rrowers, any Affiliate or successors or assigns of Borrowers or any Affiliate to pa, ,ha sums secured by this Instrument and to observe tha covenants of Borrowers contained herein, shall not affect the guaranty of any person, corporation, plrtnerlhip or other entity for payment of the indebtedness secured hereby, and shall not affect the lien or prioritY of lien hereof on the Proparty. Borrowers shill pay Bilnk a rnsonlble service charge, together with such tille insurance premiums and attorney'a fen as may be incurred a\ Sank's option for any such action if taken at Borrowers' re-lUest. 13. FORBEARANCE BY BANK NOT A WAIVER. Any forbearance by Bank in exercising an.' right or remedy hereunder, or otherwise afforded by applicable law, shall not be . waiver of or preclude the exercise of any right or remedy_ The acceptance b'l Bank of paymanl of any sum secured by this Instrument after the due date of such payment shall not be a waiver of Bank's right to either require prompt payment when due of ell other sums so secured or to declere a default for tailure to make prompt payment. The procurement of insurance or the payment of taxes or other liens or charges by Bank shall not be a waiver of Bank's right to accelerlte the maturity of t~e indebtedness secured by this Instrument. Bank's receipt of any awards, proetleds or damlges under peragraphs 5 and I I hereof shall not operatS to cura or waiva a Borrower's default in payment 01 sums secured by this Instrument. 14. .!:STOPPEl CERTIFICATE. Borrowers shall, within 10 days of a written request from Bank, furnish Bank wilh a written statement, duly acknowledged, settill9 forth the sums secured by this Instrument and any right of set-off, counterclaim 01 other defenae which exists against such sums 8IId the obligations of this Instrume It. Within 10 days of Borrowers' written requast therefor, Bank shall furnish Borre wers with a statement es to the amount then secured bV this Instrument. 15. JNIFORM COMMERCIAL CODE SECURITY AGREEMENT. In addition to being a lOon gaga and assignment of rents, this Instrument is intendsd to be a security alJfelment pursuant to the Uniform Commarcial Code for any of the itoms specified above as part of the Property which under applicable law may be subject to e securil'r interest pursuant to the Uniform Commercial Coda, and BOlrower& hareby grant Bank a firlt security interest in said items; provided that the Bank shall have a security interest subordinate only to Ford Motor Credit Complny in such assets Cather than roal property) located in Naples, Florida which secure Germain MOlor Company's, or any Affiliate.' obligations under cenain floor plan financings betwesn Germain Motor Company or any Affiliate and Fo,d Motor Credit Compeny centempleted by cartein Automotive Wholesale Plan Application for Wholesale Fit,ancing and Security Agreement betwean Ford Motor Credit Company Ind Germain Motor Company. In addition, Borrowers egree to execute end deliver UbrIllY: CoIumIMJII: Documtnt I: l02fjD2vl ~ 10 . OR: 2597 PG: 1123 10 Bank, uptn Bank's request, eny financing statements, as well as extensions, renewals and amendments thereof, in such form as Bank may reasonably require to perfect a sec Jrity interest with respect to said items. Borrowers shall pay all costs of filing such financing statements and any extensions, renewals, emendments end releases thertof, anti shall pay all reasonable costs and expenses of any record searches for financing statemants Bank may reasonebly require. Unless otherwise permitted by the Loan Agreements, Borrowers shall not create or suffer to be creeted pursuant to the Uniform Commercial Code any other security interest in said items, ir eluding replacements and additions thereto. If any Event of Dafault occurs under any of the Loan Agreemants, Benk shall have the remedies 01 a secured pert~ under the Uniform Commercial Coda and, at Bank's option, may also invoke the re Yledies provided in paragreph 25 of this Instrument 8S to such items. In exercising any of said remedies, Bank may proceed against the items of real property and sny items of personal property specified above 8S part of the Property seperately or togethar and in any order whatsoever, without in any way effecting the availabilit, of Benk's remedies under the Uniform Commerciel Code or of the remedies prodded in paragraph 25 of this Instrumant. , 6. lEASES OF THE PROPERTY. Borrowers shall comply with and observa Borrowers' ol~igations as landlord under any leeses of the Property or any part thereof. Bon owers shall furnish Bank with axecuted copias of all laases hereaher made of all 01 any part of the Property, end all leases hereafter entered into will be subject to Benk's prior written approval. Unless otherwise directed by Bank, aU leases of the "roperty made after the date hereof sholl specifically provide that such leases are sullordinate to this Instrumenl; that the tenant attorns to Bank, such attomment to be effective upon Bank's acquisition of title to the Property; that the tenant agrees to execute such further evidences of attornment as Bank may from time to time ",quest; end that the ettornmenl of the tenant shall not be terminated by foreclosure. I' eddition, ell lessees of all or any part of the Property shall executa a Subordination, Attornment and Non.Disturbence and Estoppel Certificate in substantially ,he same form attached herelo as Exhibit B. Borrowers shall not, without Bank'l written consent, which consent shall not be unraasonably withheld. eKecute, modify, surrender or terminate, either orally or in writing, any lease hereaher mede of all Dr any part of the Property, parmil an assignment or sublease of auch a lease, or requl$t or consant to the subordination of any lease of all or any part of the Property to any lien subordinate to this Instrument. II Borrowers become awara that any tenant prcposes to do, or is doing, any act or thing which may give rise to anv right to set-oft ageinst rent, Borrowers shallla) teke such steps as shell be reasonably calculated to rfevent the accrual of any right to a sat.off against rent, lbl notify Bank thereof and of the amount of said sel.olls, and Ic) within ten days after such ac:crual, reimburse the lOnan! who shell heve ecquired such right to set-off or taka such other steps os shel. effectively discharge such set-off end es shall assure that rents thereaher due shall continue to ba payable without sot.oll or deduction. Ubf..,: Columbu.; tOcurnen1 1= 102602v1 ~ 11 ~ OR: 2591 PG: 1124 17. ~EMEDIES CUMULATIVE. Each remedy provided in this Instrument is diatinct and cumulativa to all othe, rights or remedies undar this Instrument or afforded by aw or equity, and may be exercised concurrently, independently, or successively, In any order whatsoever. 18.rRANSFERS OF THE PROPERTY: CHANGES IN CONTROL OR OWNERSHIP OF MORTGAGOR. Upon the voluntary or involuntery sale, leeae, exchange, aulgnment. conveyance, transfer or other disposition (herein collectively callad nOiSpO.lition") of all or any portion of the Property (or any interest thereinl. or Borrowers transfer any interest therein prohibited by the Loan Agreements. or in tha event Borrowlls convey to any other party a security interest in the Property or any part thereof or voluntarily or involuntarily permits or sullers the Property to be further encumbered (herein collectively called "Encumbrance"). then such Disposition or Encumbrence shall be a default hereunder and Benk may at ils option, enforce any and all of it:. rights, remedies end reCOurses as set forth herein end the Loan Agraement; ~rovided. however. Bank shall not enforce such rights, remedies, and recourses it it consents in writing 10 the Disposition or Encumbrance in question, which conser.t shall not be unraasonabiy withheld. It is expressly agreed that in connection v/ith determining whether to grent or withhold such consent the determination mada by Bank shall be conclusive and Bank may require as condition. to granting "uch consent (1) payment of Bank's reesonable anorneys' fees in connection wth auch Disposition or Encumbrence. end (2) the expreB8 essumption of the paymant <If the indebtedness and partormance of the obligations of Borrowers by the party to Nhom such Disposition will be mede (with or without the release of Borrowers fron liability for such indebtedness and obligations). 19. !~. Whenever notice is required to be given pursuent to the provisions he:aof, such notice sheil be given at the addresses and in the manner specified in tha Reimbursement Agreemen!. 20. :ilJCCESSORS AND ASSIGNS BOUND: AGENTS: CAPTIONS. The covenants ami agreements herein contained shall bind, end the rights hereunder shaM inure to, the respective successors and assigns ot Bank and Borrowers. AU obligalions and undertakings of the Borrowers hereunder are and shall be joint and several. In e)ercising any rights hereunder or taking eny ections provided for herein, Bank may actlhrough its employees. egents or indepondent cont/actors as authorizad by Bank. Th I captions and headings of the peragraphs of this Instrument are for convenience cnlv and are not to be used to interpret or define the provisions hereof. 21. ~iOVeRNING LAW: SeVERABILITY. This Instrument shall be governed by tha laws 0' the State of Florida. In the event that any provision of this Instrument conflicts with eppliceble law, such contlict shall not effect other provisions of this lnslrument which con be given effect without the conflicting provisions, and to this end the provisiOns of this Instrument ere declared to be severeble. Libl-V: C~umbu,; [)o&ument f: 102602.,,1 - 12 OR: 2597 PG: 1125 22. YVAIVER OF STATUTE OF LIMITATIONS. Borrowers hereby welve the right to as_e'l any statuts of limitations 9S . ber to ths enforcement of the lien of this Instrument cr to Any action brought to enforce the Loan Agreements or any other obligation _a. lured by thi_ Instrument. 23. WAIVER OF MARSHALLING, Notwithstanding the existancs of any other securill interests in the Propsrty held by Bank or by any other party, Bank shall hava the ,iglt to determine the orde, in which any'" all of the Proparty shall ba subjected to the remedies provided herein, Bank shall have the right to determine the order in whi,:h any or all portions of the indebtedness secured heraby a,e satisfitd from the pr )ceeds ,ealized upon the exercise of the remedies provided herein. Borrowers, any party who consents to this Instrumont. and any party who now or hereafter ac.~uires a security interest in the Property and who has actual or con.tructive notice hereof, hereby waive. any and all right to require the marah.lling of assets in connection with the exercise of any of the remedies permitted by epplic.ble lew or provided herein. 24. ASSIGNMENT OF LEASES AND RENTS: APPOINTMENT OF RECEIVER: LENDER IN I'PSSESSION. Borrowers hereby absolutely and unconditionally assign and transfer 10 Bank all the leases, rents and revenues of the Proparty, including those now due, pest due. or to become dua by virtue of eny lea.e or other agreement for the occUllancy or usa of all or any part of the Property. regardless to whom the rents and re.enues of the Property are peyable. Although this Inslrument is . present assignment, 3ank shall not exercisa any of tha rights or powers harain conferred upon it until an Event of Default shall have occurred under any of the Loan Agreements or a default ocelllrS under this Instrument or any other instrument securing Borrowers' obligations under the Loen Agreements, Borrowers hereby euthorize Bank or Bank's agents to colect the aforeseid rents and revenues and hereby directs eech tenant of the Property to pay such rents to Benk or Benk's agents. Upon an evant 01 default as herein provic"d, and without the necessity of Bank entering upon and taking and meintaining tull control of the Property in person. by agent or by a court-appointed receiver, Bank shall immediately be entitled to possenion of all rents and re.enues of the Property es specified in this paragraph as the same bacome due and peyable (Including but not limited to rents then due and unpaid) end ell such renls received by Borrowers shall immediately upon delivery of such notice be held by Borrowers as trustee lor tne benefit of Bank only. This paragreph may ba supplemented by a separate assignment of leases and rents instrument entered into bV and between Bank and Bc.rrowers, which instrument shell set forth more fully Bank's rights with respect to ths iasses, rents and ravenue of the Property. 25 . ACCELERATION: REMEDIES, This Instrument is one (1) of many mortgages g llnted to secure to Bank ell obligations of Borrowers and the Affiliates undar tha Lo 111 Agreemenls end other lending agreements with Bank. A default or lII1 Event of De'llult under this Instrument or any of the Loan Agreements shall be a default or en Event 01 Default undor the other lending ag,eements and mortgages lJDfry: Columbul; Oocume"1 6: '02602,,1 - 13 ~ -,-~- -- ,--",---'~-'-'-'-- - OR: 2591 PG: 1126 with a Borrot/ar or tha Borrowers or eny Affiliete. likewise, a default or Event of Default under tha other lending agreements or mortgages with a Borrower or the Borrowers 01 any Affiliate shall be a default or an Event of Default under this Instrument etld the Loan Agreements. If (I) Borrowers or any Affiliate are in default beyond any Ipplicable grace period undar any of the Loan Agreements, or (Iii if Borrowers dl~ault in the performanca or observance of any of the covenants or agreem.nts e f Borrowers contained in this Instrument and such default continues for a period of 311 deya altar wrinen notica thereof from Benk to Borrowers, then, in any such evant. al such tima, without furthar demand or notica, any and all sums secured by this Instrurpent shall be immadiately due and payable end, In addition to any othar right or remlKly which Bank may now or herealtar heve at lew or in equity, Bank shall have the righl and power: (ilto foreclose upon this Instrument end Ihe lien hereof; (iil to sell the Prnperty sccording to law st one or more nles as an entity or in parcels end at such time end place upon such terms and conditions and after such notices thereof as may ba raquired by taw; end (iiilto enter upon end teke possassion of the Property and/or have e receiver appointed therefor as set forth in peregraph 24 horeof. If ell sums secured by this Instrument become immediately due and payabla in eccordenctl with this paragraph, Benk, et Benk's option, mey foreclose this Instrument b~ judicial proceeding and mey invoke any other remedies permitted by epplicable la".. or as provided herein. Bank shell be entitled to collect all costs and expenses inCL"ed in pursuing such ramedias, including, but not Iimitad 10 costs of documentary "vidence, abstrects, title reports end attorneys' fees. Lbwy: Columbul: Dccurntnl'; 102li02vl - 14- 26. UtDEMNIFICAT10N. Borrowers shall protect. indemnify and sava harmless Ben t from and against ell liabilities, end expenses !including. without limitation, reasonabla attorneys' fees and expenses, including Ihose incurred in connection wi.h appellete, benkruptcy end post-judgment proceedings) imposed upon or incurred b I or assarted against Bank by reeson of; fal ownerShip of this Instrument, tte Property or any interest therein or receipt of eny rents; (bl any accident, injuN 10 or death of persons or loss of or damaga to proparty occurring in, on or ebout tile Property or eny part thareof or on the edjoining sidawalks, curbs, adjacent propllrty or adjacent parking areas or streets; Icl eny use. non-use or condition in, 'In or about the Property or any pert thereof or on the adjoining sidewelks, CUllS, ediacent proparty, pMking erees or streets; (d) any failure on the part of Borrower. to perform or comply with any of the terms of this Instrument; or (elthe performance of any labor or services or the furnishing of any materials or other property in r89'18ct of the Property or eny part thereof. The obligations of Borrowers under this paragraph 26 shell survive eny termination or satisfeclion of this Instrument. 27. ti.'ZARDOUS WASTE REPRESENTATION AND INDEMNIFICATION. (0' Borrowers covenant and warrent thet Borrowers' use of tha Property will al all times comply with end conform to all laws, statutes, ordinances. rules and regul.~ions of any governmental, quasi-governmental or regulatory euthority OR: 2597 PG: 1127 l"Laws", Whi.,h re/ate to tha lTlIIlsportation, storage. placement, handling, treatment, discharge, gneretion, production or dispolal (collectively "Treatment") 01 any waste, welte produ<:ts, radioBCtive waste, polYChlorinated biphenyls. asbestos, hezardous matarials 01 lilY kind. and any substanca which is regulated by any law, statute, ordinance, ru'a or regulation Icollactively "Waste"). Borrowers further covanant that neithar will e'lII. in or pennit any party to angage in eny Treatment of any Waste on or which e Heets the Property. b) Immediately upon receipt of any Notice, as hereinafter defined. from any pany. Borrowers shall deliver to Bank e true, oorreot and complate copy of any written "otice or a true, correct, end complete report 01 any nonwritten Notice. Additionally, ]orrowera shall notily Bank immadiately alter having knowladge 01 any Waate in or affecting the Proparty. "Notica" shall mean any note, notice or report of any at the tol owing: Ii) any suit. proceading, investigetion, order, consent order, injunction, writ. award or action relaled to or affecting or indicating the Treatment of eny Waste in or affecting the Property: (ii) any spill, conteminetion. discharge. leakage, relaase or escapa of any Waste in or affecting the Property, whether sudden or gredual, eccidental or anticipated, or of any other nature (hereinBfter "Spill"); liill any dispute relating to Borrowers or any other party's Treatment of any Waste or any Spill in or affecting the Proparty; (iv) any claims by or against any insurer related to or arising out ot any Waste or Spill in or affecting the Property: Ivl any recommandations or requirements of any governmantal or regulatory authority. insurer or board of underwriters relating to any Treatment of Waste or a Spill in or affecting tha Proparty; (vi) any lagal raquiramant or daliciency ralated to Ihe Treatment of Wasle or any Spill in Dr affecting Ihe Property; or Ivii) eny tenent, licansee, concessionaire, manlglr, or other perty or entity occupying or using the Property or any part thltfeol which has engaged in or engages In the Treatment of any Waste in or affecting the f'roperty. UtIr.",: CoIumbuI; [~I I: 102502vl - 15 . I L UK: l~YI rG: IllB Ie) In the event thai (i) Borrowers have eaused, suffered Or permitted, di, .ctly or indirectly. any Spill in or afl8(;ting tha Property, or (iil any Spill of any Waat" has occurred on the Property during the term of thia Instrument, then Borrowera sh.1I immediately take all of the following ections: Ii) notify Bank. as provided herein; (iil take all atepa necessary or desirable, in Bank's reasonable opinion. to clean up such Spill and such contamination related to the Spiil. all in accordanca with the requirements, rules and regulations of any state or feder.1 environmental department or agency having lurisdietion over the Spill; Wil fUlly restore tha Property to its condition prior to the Spill; (ivl allow Bank or its agents and any state or federal environmental department or agency hllVing jurisdiction thereof to monitor and inspect all c1aanup and restoration related to such Spill; and (v) at tha written request of Bank, post a bond or obtain a letter of credit for the benafit of Bank {drawn upon a company or benk satisfectory to Bankl or deposit an amount of money in an eScrow account under Bank'a name upon which bond, letter of credit or escrow Borrowers may drew, and which bond, letter of credit or eSerow shall be in en emount sufliclent to meet all of Borrower.' obl/gations under this subparagraph 27(cl. Bonk shall have the unfettered right to draw against the bond, letter of eredit or escrow In its discrelion in the event that Borrowers are unable or unwilling to meet its obligations under this paragraph or, if Borrowers fail to post a bond or obtain a letter of credit or deposit such cash as is required herein, then Benk. et Borrowers' cost and e~pense, may, but shall have no obligation, do so for the benefit of Borrowers and do those things which Borrowers are required to do under this subparagraph (cHiil. (iii) and (iv). fd) Borrowers hereby agree that each will indemnify. defend. sllVe and hold hmn/ess Bank 1nd Benk's officers. directors and employees (collectively "Indemnified Partles"' against end from. and to reimburse the Indemnified Parties with respect to, any and all damages. claims, liabilities, losses, costs end expenses (including, without limitlltion, reasonable attorneys' fees and expenses, court eoBts, IIdminislrati /e eoats, eoats 01 appeals and all clean up. administrative. fines. penalties I.ibr~: ~c 00c:ImInt,: 102502vl - 1 B . OR: 2)~7 PG: 1129 end enforcenent costs of appliceble governmental egencies' which may be incurred by or essert td egeinst the Indemnified Perties by reason or arising out of: lil the breach of an t representation or undertaking of Borrowers under this paragraph 27, or (ii) tM Treatlnent of any Wasta by Borrowers or any tenant, licensee, concessionaite, manager, or other party occupying or using the Property, in or affecting the Property, or Wil any pnvious Treatment of any Waste by any previous owner of the Property or by eny pre'ilous tenant, licen~ee, concessionaire, menager or other party who previously o(cupied or used the Property, in or effecting the Property, or (ivl any Spill governed by the terms of this paregraph 27, or (vI tha presence of any Waste upon the Property. whather or not Caused by Borrowers, (el The obligations of Borrowers under this paragraph 27 shall survive any termination or satis/action of this Instrument. 28. flELEASE. Upon payment of all sums secured by this Instrument or as otherwise p' ovided in the Loan Agreements, Bank shell discharge this Instrument. Borrowers sf all pay Benk's reasonable costs incurred in discharging this Instrument. 29. WAIVER OF JURY TRIAL. BANK AND BORROWERS HEREBY VOLUNTARI.Y, KNOWINGLY, IRREVOCABLY AND UNCONDITIONAllY WAIVE ANY RIGHT TO "AVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE (WHETHER BASED UPON CONTRACT, TORT, OR OTHERWISEI BETWEEN BANK AND BORROWER~1 ARISING OUT OF, OR IN ANY WA Y REtA TED TO, THIS INSTRUMENT, ANY OTHER RELATED DOCUMENTS, OR ANY RELATIONSHIP BETWEEN BANK AND BORROWER:l PURSUANT TO THIS INSTRUMENT OR ANY OTHER AGREEMENT OR DOCUMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH. THIS PROVISION IS A MATERIAL INDUCEMENT TO BANK TO ENTER INTO THE TRANSACTI')NS DESCRIBED IN THIS INSTRUMENT. THIS PROVISION .SHAll NOT IN ANY WAY AFFECT, WAIVE, LIMIT, AMEND OR MODIFY BANK'S ABiliTY TO PURSUE AN.( REMEDIES AVAILABLE TO IT. IN WI rNESS WHEREOF, Borrowers heve executed this Instrument as of the day end yee, first set forth above. Signed end . cknowledged in the preserce of: BORROWERS: '~ 'in(adNe::~ .~,.,. ./' - Print;; Nom'l: L~.;-?/k' fhftr:r..-e . S ,OF ~BUS, INC. '\ . ""-- Ubl'.wy: Columbut Oocum.nl I: I025Cl2v1 - 17. -~'--'-"~"'_.".__..' OR: 2597 PG: 1130 ~k~ ~' -- .(~ . Printed Nem" ,( j 1i~'1t/{/ STATE OF OI~IO SS COUNTY OF FRANKLIN . Subscriled, sworn to and acknowledged before me, a ~rv Public in end for SIIid County lnd Stfie, bV ~~" tC."",o,." the .. ;..L..r of Gennein Properties 01 Colu s, Inc" who is pelllOn&lly known to me or produced as idantification on this ~ of September, 1999. to be his free lei and deed on beheff of ..id carporetion. STATE OF OHIO v: .//0:0 Nota~iC ".. :.:".~ (RUBBER 5i~'IIOHN 0, ~p~IJ':~~, AW.o', . :: '.'/ .. ,.. .'.. Pi~. rr...:w..,,, ~ ~..' _' , \''2" M)'~/lI1;:fO!lt..:r."I;.:~J~~:~. .'" '.p Sc"olIM147.unc. , . t,~> ".,.. 5S COUNTY OF fRANKLIN SUbacrihed, sworn to end ecknowledged before me, a ~ry Pubic in and for said County ard State, by ..P'"r.J:G... ~~_. ., ,tha .' <. L./' of Gennain 1 Aoto. Companv, who 18 peraonally known to me or produced as idemiflcation on this~ of September, 1999, to be his free, ct and deed on behalf of said corporation. Litw...,. Cobnbua; OCSHnlfl\': 102lS02~1 .18 - .. ,. OR: 2597.PG: 1131 IDI1JIT w"w tAaC&L 1; / U>t. 1 tlll'Olllh of tllClud.., alock J.. aOAY 'naIL It8IC1ft11, -....s., to pl" ftCO&'IId in Plat IooIl 4. .... 43, ...110 -.corll. of Col- U.I'~, flod.... tA&aL 2, IA.. , . . '1Klt 2. Il/IIlIY DoUL la:1G1ftS, __"lilt to ,l_t neont.1 tn 'he loolt I. '1'. n, hbUc 1...l't. .t coUbl' ~. n.d.... rAICZL 3. All tllut put ot th. I8oItIMI~t 1/' ot __Lon U, __l, II ICIOItII. "11;0 U Iln, (0)>111... COIInty. no..!"', 4uc1'1M4 .. t.l- llN.. th. _th 151 t..t ot tA. DOl"'oA no,s f." of ~. ...t no r.n 'Ot the "ot .'0 ttlt It 1M ~ lit ot 1..dOll 1.. 1__1,... 1oU~. Ie"" as lid, ColU.r l:ollllty, Plo..l4e, WI ,\liD txCIPl'1J1G ftDIPJlOIf, till IU. 111 ,..t. .uca. 4. t. ....,..1 .Il! 104 locUM in 'h. 1000wut Vol oC I.uiol\ u. 1'Own.Up .. '.uth, ..".. .n IAn, Collier County. rl.r~M, ~lp. 84~. p.=r:~14ry ...et&b'. .t l~llov'l c....:.. .t t~. Naf~h...~ ca:n'~ ot the Sa~~~.a.~ l/~ uf S.e~lon U. ff.,..lhLp lit IOllt-h, ".ft'. U .b.~. e.::;Uer Co~n":.Yr 'tart.Ur ctlcl\el run I. O'31'U- I. 4Lon, lhe I4lt Un. 01 tl'l. li.,nlt.hun 1/4 0: the laid Section It lar a dt..tan~ a! .'0.'0 t..~: th.~c. ~n .. "'~"JO' w.. ,.~.1111 wlth _hI North 1L"1 cf ch. Sa..,:...., 1,'4 .r the ..ld 'eeth" 16 tor .. dhtanc. of 112.%7 'ht 10 a pilLat 01 tho ""'ted)' ILfll.c"ot-W,t Une ot .~&:. load ~.. 4' (1'..&..1 'fraU') III the .... 11 .,..m Oft t.ltl Ita;:. or rl.ddlll a.e,.rtllen& d 't;-u.rtoUl.n .itht1f......' 1M, for Uu.. 11'0.4 Wo. U, ColUn Ccauntr. '.at:1on nOLO 2Stt Ih..I,:. 1, Chlllh An So '-GO. JQ. I. dO,., eM Nuttl:Ly aJ.lJhll;-or..".y U". ell ,cae. Ill....' "0. 4' to&' ... din.nee ot "'.U fe.e; thenea rYft I. .'.,"~a' k. .~ eL,ht en,ll. \0 the aa14 Na.t.~lr .1,!I~".f..."ay Uno to~ .. cfift.net ot Ut. U tnt: cPltd.:4 tvn .. l-Ja'U" w. !a: .. din.nce o! lU.U c..e.r t"l.nc:e 1'\1" N. "S4'''. If. taco . dlnan;' ot 1U.lt he,r thftcCl f"oIn :tI. lI'Ol')G' lI:., p,,:.alttl with t.he Morth l..n_ of t~e Sauth..u tIt o! '1::'_ .aU Seethn 16 for" dlltuc. Cl: 511.]] :"It to th41 IN::l~ or Itc:N~I:HC. 'l.Ic:IL S. f.ac.. J :.U\ll.'. I~.I.' l. '''''"' full .".~t,. L" .Ullt":"C" ","t:t _..A ,..a'l 4C:l ,. elt_ ,t_c ucue.1Il ill '\IC I.a~ .. ,_II 4), l'~,)U( '."rS. at C.\'~'f C.~~'" 'l.tL~_. ,....eIL 6; 'lMt. ..toe~ .t 1,.... ':"lICrlbal .. Cut rAn.. . '0 I:oot 1'044 r1"'-I&'1_1 .. ...~ CIt\ tlte "Lat oC' IUM1 "r.r:dl, "d,ht.ll, .. r...~-.. LI'I ,bt ..n f, PI,- .', ot th. IUltUC I'Corn .r eolll_t COUftty, ,ledllle. ft....... f PUC'I1, 7. un; tJ~1 rv: !!Jl r_A ~: " pe",.& ot h'nd 1n eM *1 l/e ot ..cu.c" U. TlNNh.l' d Jo~'t". It."... " ..... &:o11J.er ea"'tlcr. 'lodde. tldC'. Q4lct1cM....dr d..~ribl4 .. roLlow" rt'g. ch. .lnt'I'..t:'C~an at the t.Atecolln. at It::at. Raed 41 (u.s, 41) ,,~ chll tto&'U\ Un. qt tn. II 114 at ...t4 Sec:tl.on 11. ,d4 I.nttuft:don 1;'1."9 North "~01'3Q. I..C of end z"'.39 ,...~ tt:oa ctt. c:entaC" at $.c~.Lan 16. r"n louth Ol"oo'30. .ut a10nt ...1' Ce"te..U". fo~ 40.ll t"li:, ~n'n lr\ItI. Iou'" "'01'30'" "', p.,..11e1 wUh fO.ll ,..<<:: t~_. U ."!,Iced .t: d,h~ '-"II.. ~ ..,112 'Nal'~ Una Df ehe SC 1'4 of Ictlem U. tor: &00.01 "'11:: there_ &,un IQut:h 01"00'30. I..e, 110"1 . Una ,.r'UIIl .4th end tOo.eo f.., IcO_, .. ....~red at rlghc angl.. to Slld c.ne.rl!ne. t:Qr S3.C10 hil'C cO tl':. torN':' or U"INKINO Oft ct\. ....~.dy 111ghC- of..1011 lb. at I':I&U lIo,d 4IS. th.n:. coRtin". 'outh 01'00'30. c.,t, 810ff; .dd J1Qht.Qt..WI., Un.. COC' 29.1.'0 flU: ~hene. run ScuU. 11'01'30" voto:. "ueUe! ,-U:I\ ..14 NIIUh U"II 0' tt'l. II 1'4 at b<:uc:n 16. eoC' ~4'.U ~o 11'1 leon p1n; tn.nee n'n $.1\lttt 01..~.fll" I..t. toC' '7.&1 t..t to In i1''''' pJ,I'!;; thlf\G. nn SO"th 'a't1'l" .,.t, fo~ l1L.21 r.~t to aft l~Oft tift: Chene- EVA NOrek aa','fal.'" w..t. 1III1C1r.O tM Iolll:h'dy ,co1ong.dCln of eM C.n~.dtM of "IC ....M, far 195.13 ,..t 'Co In J.C'O" ,11\ Oft the aro..a~I'.ody bQund'ur 01 IUKMV nAIL. MI1G","" ICCOl:'d1nQ to the ,lat .In '"lc look .., Pit. 4J. hbUc leco"d. Q' ~aU.l.C' County, Flew&cr.; tfttnc:-q C'Un Ita"", "'04'50' h.t, 81m'... ,,"1d SCluthedy bovllduy tar 13'," t..c 'CQ . c:onc:t.t:e .,n..nt: n aw lou..:.tt...cu-ly CQlrner ot . .10 Coot ......nt .djO"n"n. ~C. '. S, end .1 01 "U4 'lJ1'IHY tAA.u. HrIeHl'S: eMn.:;. C'l.In OO'U'S'" ....n, alonl tl'\. rUt Un. of I,Ud .U.....":. tor the: 161 ,1L t..l: to . c:a....:z-.t. :.on.....,": .t: eM Horth...tlZ'1y com.r ot .,iet ......ne: t:~.,~iI 1'\11\ tIOrcl'l 17''''37' IIU. lor 13".23 fHt co en iroll ,1ft ~'" ;:-,. SO\4t~~t'ly P10ht..o',,'IIIY ':"..,. 01 tru. Ho.~ S..I'" (IU9l1,.. ,... 1I0.d)1. ttl."ce run chi fOll",l.lr.q ~"n" .1el'\g' flU JlUght..of.. w....:J U.n.: Io"t:t. Cl-U'JO' lut, for 10.10 leU to _n iron p.1n; l'IClI':tt. 1.-Q7':)0" 1:..1::. fot' 16.10. '.e1:: t:o en Hgr\ p"nl 'Gllel\ ""U'U7" I..e. tOC' 15.eO C..t ~Q a;o, Uan pLn at ch. 'Ollft or Ita CMn:-lG. ^~a PM:&:., ,: " ~.:'cel .1" the I...: "In o! the IS U" 0: Secc:U/t 1'. T~__b1) 4' So~th. Alnt_ 2' II.:, aort p.rrJ:~1.:1r d..crl~ .. fOll.ow,; ~1.:1hino .c . P41nC on th4i 1(..1: Il1l1Jhc..ot-NI)l' ot U.S. U (TU"...i TnUJ ::191.30 :.... aout.h of t:..... NIl''C'l':'' Un. at ~ ~.t: 1(1 of t:h. II 11. al Section 11. 10\1"8"ip .1 SCNct:., "ang. 2S Uti, ttt.nce w.et. 24'.00 :..,; .,.td1el ..lt1\ tM NQrtn 11M or tM r.., 1/: ~t th. .~ L/~ ot sec~l.on 16. townenlp 41 lQu~. Rant- IS hU, tl".enc. Sa,,'" '1.0 t..t; thtintl c.ac 243.0 t..c .CO ~ tf.,~ 1119"t..04'''W'1 01 U.S. 41; 1:Mnc:. t$Or:thult .:'on, the Men ..ilhe.. Q:"~4~ ~~n. or ~.I. 41 .'.0 f..t to ~h. POt~ or 'ICt~l~. PAlcu. , Loc..'''''"' Z41, OOLDEIl""TE.II.ul. _110 llIo pIIl_r__ ill PIIlIlcol:'. JlII5 IU", 1-16. .rllle I\lbli<: R",,"~..rCDlllor Cllualy.-' / PAItCIL 9 . ~ I. Blod:W. GO'.J)ENG^TE. U1lil7. a::on!iDI"'''''(lIollllorall- 10 ".Iloot ',pofQ lJ.'", 146, .11Ile ....lIllie _ .ICollier C_. FIorioIL 'AICIL lU. Lou S...... I:ock ~j'. Colc!e'l CIrc.l.:AiI So. 7. JCtotl!.ill,:o 1M map at_ ...t..... ... ~lacc.(:....... Clc1'c .rlblCimU,lCOW:OrCllllin-t.'.sutIr)'. fllHi4l........ 8Gcttc ,. '.,.. tJS ::.e,~ l~. :nc!lai..c "r:)c P\ibtic. nw~ .(COl!~.:rCOUl;'Y. FlGrid.&. OR: 2597.PG: 1133 PAlCIL 11, _ ...,t 140 foot of co-a. at "lie l.t.,.....tio. ot tlte Wen..). Un. tJf Pavi.. --..1...,," _I.tlll t.. ...t. u... at IAt lU, ..pl.. QcO'le , trwll ,~I, :.1"1_ ,~. ... 2, .ccorclLn, to tile Plat . tl..r...t &'eclOcUd1 . .lat. look 1, at .... 3.1 ., the tubhc a.ooc4.t of c.Ubl' ONnt.I. 'lorUla, ,'.nce "..t alo"9 .dd __ d,U of...'I I.. of Dowi. .olll....... 100 f... to tJa. ,.Lot. .f ",baJ.n,J thence eOltlnu. "..t alon, ..ioj Jereb ;:l,bt-ot-v., 11fta at Da91. "ul...r. ~ 41.t.ftC~ .i ..0 teet to . potAtl ,_a.ct .octb ~.11.1 with the Ie.t 1.A4 of ..14 toc 14) . diet.ne. of lOG t..t to , POL":: tbaac. 16.e alan, _ 11ft_ pacalltl wLth the .ortb ri.ht- ol-w., liDe ot DA.l. Iovl.v.~d . diet.nca .t 440 t..: to . poJ.Dt~' thane. '"'II panl111 with the lut Una of .Ait' Lot U:I . cUIUACt ot 100 fe.t to the 'oLae ot ..,iAd". la.bjtlC'; to fA ..._.C ....1' tbe "ortis %0 1I!..t theceoll!. LDd ."'AI panel "111, . f-Irt .1 ....to 142 and III ..,1.. c:rowe ~ '!t"lI.e1t eo'. Unl. rar"'_ 10. ]. PAlen 12, no_ Vlor_",..ISO ......n...141. tlAPUSollOYES.&nuacco:sunu ,__2. ..........,..._..-..PIoI_I.....27..,..._ __ <Ie.. c:-,. "-""'; stJIlE.C:l'....... ~r.....,... -SooIIlool7" r.~ P&aCEL 13, no E.-IOO ....r... "'. Z50 "",.r.._:IOO'" or.._", ...,.....141. IWl.ES GlOYD .& llluex co:s um.E rUMS lIO. 2.............. _t . --' /r. """..... I. ,. tl, of... Nil< -... O(~~. n.n.; .AlICE!. 14 I no.... 200 ... .r"" w. 4SO r.. Dr "" _lOll r....r... _11'''' ......... 141 ... Ia. _us OROVES'" TllUCX co.'S LITTLI! FANG 110.2,.'-" """ -.1..... v. or... FubIic IIouoIIdI oICoUIu c-r. f1oIWo: ,uca. 1.5 ~1lCE 11'1._ IHlIII:5EC'iIoI or lHE,HClII1II u... .Of OA\IIS ~V_ ..111 K UST HarLOT 143, lCIIl'LIS GllQW:S ....1IlUOC co. 'S uT1lE 'foIOIS. NO.7. _ ..... W 1lC P\.A1 1IC1lE0f IlElDIlIO IN l'I.Af.1IClClK I. PAll: 27. OF lHE PUaIC .CGIIDS (If ccua:1l c:JlUN1"t. fUlIIlDA: 1IfE1lCI'tS,",lIIIOl.Y ~ sAC!, ~ 1I0.14-.A" 1M .ar 011'<15 llGllU:y~ S40 nn 10 _ CSllnll: rJI I'IfCIIrItT'r ,DM:1ED tD lIICHNIII e. IMflIZ BY /)[11/ RECCIIII(O .. orf'ICIIIL lIt'a:RlI . lIOlIl MIl, '14 IaO. l'UIUC lII!\lCRDS or CCl.lI:R COUNTY. fl.CIUllA, FCIR 1IIt POll' ar .ClNNUG Of tHli: PRlftIlTl' ...... llE5CAl1€D: _lICE CCIl1llM C'lIIAl1Gl.Y !'&l1IIO 1I1t !lORlM UNt OF OA"" 8CULt vAllO J fut IIlIlI Cll IISS 10 'lIII E~l ~ or PllCPlIITY CON'o!'IlD TO .011"" IlMEV_RD .If. ES1lf''IE IY DlEO IllEClJIIllO IN DmClAl. RlCOlIO IOQK 1Z25.'AOE alSI;. KIC& NCI'ItftIMQ.' .ulC IIlIII tASl UNl .lDQ FEEt:. MIICl. EASl\IMOL'. J fU r. ... ail \;tS5 1IItlC IIUf..,. or M fIl\OlIICllTY CllN\'i:'IlO 10 RtCl1Ml1O Co IIUNOZ .,. llEEO.II(COI\llCO .. ClmCIAJ, IIIClll1llIOCll.S5O, PACE ,~. 'IlltNCE SgUtl4IIA/lOl'r ~ SMe IUt l.M .~ FtET 10 '!HE .l'OIIf or .aiioINc. . DU"~ 'I OR: 2597 PG: 1134 EXHIBIT 8 Subonllnll1lon. Atlommont 8ncI Non.olltulblnce AIIN8ItIlII1t lIIId I'd........ CerllficMe THIS SUBORDINATION, ATTORNMENT AND NON-DISTURBANCE AGREEMEN,- AND ESTOPPEL CERTIFICATE r Agreement" , is made as of the dey of __' 1999, by and between _ ' an 0;;0 corporation Nith its principII offica at l"lels..'I, and BANK ONE, N.A.. a national banking allociation, with its principa' officn at ("Lender"), as a continuing condition of the Open-End M<mgagl, Securily Agreement and Assignment of Leasas and Rents dated September __' 1999 by end between lender end Germein Properties of Columbus, Inc.. an Ohi, corporation, with a principal ottice at 5771 Scarborough Bo~verd, Columbus, Chio ("Lessor"). WITNESSETH: WHEF.EAS, on Septamber _, 1999, the Lander .nd the Lessor .ntered into an Open-End Mortgage. Security Agreement end A18ignment of La.... .nd Rents (tha "Mortguge") in order to induce lendar to anter into the Loan Agreements las defined in tta Mortgagel by and betwean tha Lessor and tha Allmata. la. defined in the MortgaS.11 and the lender; WHEf:EAS, it is a continuing condition of tha Lander that all lessll. of all or any portion /If the Premi.,s (dafined belowl entlr into this Agreement; WHEF:EAS, lessor and lessle hava entered into a leasl agreement dated ,19 ,a copy of which togalher will all amendments thereof, if any, is attlthod hereto a;-Ellhlbit "2" (collactively, Ihe "Lease"1. pursuant to which lellor has 1'lIled to lessae approximataly _ square feet of space Ithe "Premis.s") n 0 building constructed by Lessor on e parcel of real property situeted in the State of , County of .nd City of ea more penjculerly described in Exhibit "1" ettsched hereto end made a part hereof (the "Rsal Property"); WHEF,EAS, Lender requires ss a continuing condilion of the Loan Agreements thet the Lesnor's end the Affiliates obligations under the Loan AgreementR be eecured by tha Mort!lagll on the Real Property, snd that the lien of said Mortgega ba superior and prior to.:I1e Lease; LIOt~: CoNmbut Ool;\lrnfnt I: 102402'v1 B. i OR: 2597 PG: 1135 WHEREAS, Lessee is willing to subject end subordinate its right, title, interest end claim in the Premises to the lien of the Mortgage provided thet Lender makes 10 lessee the n'Jndisturbance covenants contained herein; and WHEREAS, lender raquires as a continuing condition of the Mortgage that Lessee make certain representations, and certify thereto. with respect to particular provisions of the Leasa and the rights, tilla, interests end claims thereunder of Lossor and Lessee. respectively. NOW, THEREFORE, lender and lessea hareby undertake end agree as follows: , . Lesse.. in consideration of the foregoing recitation. and a. a continuing condition of the Mortgege granted by the Lessor to Ihe Lender, does hereby: :a) covenant and sgree with Lender, it. successors and assigns, that all of 1'8 right, title, intsrest end claim of Lessee (including, but not limited to, its rig~ts, options, interasts, title, claim and privilegaa under tha LaasEl, and all renewlds and extensions thereof) is and shall be and remain at alllimas subjecl and subordinate to the lien of the lendar under the Mortgaga for all edvances mede or to be mada under tha provisions of the Mortgage or the Loan Agreerlents thereby and for all other purposes specified therein; bl covenant and agree with lender, that Lassee shell execute end deliver such further or other instrumants subordinating the lesse, and all renewEls and extensions thereof, to the lien of any mortgage or deed of trust that re)!aces the Mortgega described above and that the right, title, interest end cllim of Laasea shall be and rsmain at all timas subject and subordinata to the liell of the mortgage or deed of trust that replaces the above-described Mortgage for all advancaa mada and to be made under the provisions of said replecal1ent mortgage or deed of trust or the Loen Agreements, note or notes 18Cured thereby for ell other purpoles specified therein, subject, however, to the holder of the replacement mortgege or deed of trust execuling a nondisturbance agreemant in substantially the seme form as hereinafter provided; end 1:1 covenent and agree with lender, that all condamnation award. and insurence procllllds psld or payable with r..pect to tha Premises, or IIl1Y part tIltfsof and receil/ed by lender pursuant to the axsrcil8 by Lender of any options of Lender provided In the Mortgege, shall be applied III1lI pllid in the manner set forth in the Mortg.ge; provided, however, in Ihe evenl of any action (f proceeding relating to any condemnation or other taking of all or any part of the Premisea, neither the Mortgage nor any othtrr security instrument executed in connection therewith shall cover or be construed as .ubjacting in any menner to the lien thereof, Leues's moving expen.es, the unamortized portion of Lessee's leasehold improvement. or any trade fixtures, equipment, lIIr.,.: Col.wTlOus: (oeurMnt': 102502vl B.2 OR: 2597 PG: 1136 furnishings, signs or othe, pe,sonsl property at any time furnished 0' inslalled by 0' 'or Lessee or ilS subtenants or licensees, ,egardless of the manner 0' mode ,f l"lchment thlrlof. As between llssor and lessee neither plrty shall h.we a claim al/ainst the other lor tho value of any unexpired term 01 the lease. 2. ..ender, in consideretion of the lorel/oing recitations, does hereby covenlnt enll egree with lessee that in the event lender shall file foreclosure proceedings, in accordancl wilh the foregoing, end shall succeed to the interest of llssor, or its successors or Issil/ns, under the lease, whether through purchase at a sale pursuan: to a judgment or decree of foreclosure and sale, by deed and assignment ill lieu of foreclosure, or otherwise. end lessllG shell not be in defeult under any 01 the terms, covenants or conditions of the Lesse, Lender shall be bound to Lessee untler ell of the terms of Ihe Lease, and Lessee shall, from and aftar such event, heve Ihe seme remedies sgainsl Lender for Lender's breech of any Covenlnt contained In lhe Lease thlt Llssll might have hed under the lease against Lessor if Lendlr hed nllt succeeded to the inleresls 01 lessor; provided, however, Ihallender land all 01 its rights, including, but not limited to. the right to collect the rents under the LeISe) shall not be m liable or responsible for any act or omission of Lessor, its successors end assigns; (ii) subject la, or sffscted by. any oflsels, delenses, causes of sction, cndits or countercllims which Lessee might heve against Lessor, its successors and assigns, or any other person or persons; (iiil bound by any prepaymenl "f rent which lessee msy heretofore or may hereaher have paid to lessor. its su:cessors Or assigns, or to any other person or persons, excepting only any prepaymtnt 01 not more than one month's rent; livl bound by any amendment or modification ,f Ihe Leese mede wilhout first obtaining lender's written consent thereto; or Ivl responsible for Ihe return of eny security deposit Is) that lender has not received. 3. II the interests of LeSSOr shall b. trensfe"ed to and owned by Lender by r..son of foreclosure proceedings or deed in lieu of foreclosure or by any other menner and L.nder succeeds to the interest of Lessor under the leose, lessee shall be bound to Ltndor. ilS successors end assigns, under all 01 the terms, covenants snd conditions of the Lease for the balance of tha term Ihereof remaining, and any el<tansions or renewals thereof which may be effected in accordance with any option thereof in tile Lease, with Ihe seme changes and etfect as if lender we,e the 'essor under the leISe, and Lessee hereby does attorn to Lender, ils successors end s&signs, es itB lessor, said attornment to be effective and self-operative without tile eKecutilln at eny turther instruments on the part of any of the parties hereto immediately upon Lender's succeeding to such interell. Notwithstanding the same, It tile reques: of Lender, its successors and assigns, or any other pe,son acquiri"ll the interest of lessor. Lessee agrees to execute and deliver at any time and Irom time to time. ullor such request any instrument that in the sole judgment of the party making suc:h rtQuest mDY be nDcDssary or appropriale to evidence such anornment. Ubt'-v: COlumbus: )oCUlTMnt.: 1025021/1 8-3 L OR: 2597 PG: 1137 4. lessee. with respect to the lene. hereby certifies, warrent. and agree. 81 foNows; If' The copy 01 Ihe Lease enached hereto as Exhibll '2' is a Irue and correct copy of the lea" entered into by and between tealOr and lessee. 81 amendfd: l J) Tha Lease evidences the valid, binding, enforceable obligations of the uno.rsigned and is presenlly in full force and effect and unmodified excapt as set forth in the ettechmenls thereto; I~) No rent under the Lease has been paid more than thirty (30) deys in adva"lCe of its due dete; U) As of this date. there are no charges, liens or claims of offsat under t 1e Lea.. or otherwise against renls or other emounts due or to become due to '.essor thereunder; It I As of this date. neither lessor nor Lessee is in default under any of the lerms or provisions of the lease: (f) Lessee is not involved in any bankruptcy. reorganization, arrangement or insolvency proceedings; end (~) Lllsee under&tands and agrees Ihat lendllf will rely on Ihis cartifi"lle as e continuing condition of the Mortgege. 5. (:xcept as hereinafter limited, ell pllftiaa hereto. and their respective lagel reprllll8ntativtl, heirs. successors end assigns, are bound by all of the covenants, terma, conditi )fIS, aubo,dlnatlons end other matters contained herein. 6. l.andar, in the avenl it succeeds to the intere&t of Lessor. whelher through forfIClosure proceedings or otherwiae, shelf be entitled to convey and/CIt auign its rigtt. title and interest, or any pert thereof. in and to the Premises and/Clt the lee.. to I nominee, egent, indapendent contractor or eny olher person. Upon HIe. conveya'lee and assignment of the Premisas and its Interest In the lease. Lender shall be aU'llmatically, snd without furthar consent, writtan agreement or acknowledgmlnt by lessee, released, discharged and relieved of eny and all liabilities and obIlglltior a of evary kind. nature and type whetsoever accruing or ariSlf\g under !tle lease on Ind after the date lender shall heve sold, assigned and transferred its intorm in anc to the Preml... and the Lease to the purchaser!s). 7. ."e provisions of this Agreement are not intended to, and shall not, rele_ lesso,., its succeSlOrB and assigns, from Its obligations under the lease, but are solaly for"'e benefit of Lender end Les.ee. Libr-v: CoIumbut; )ocunwnt': 102S00lvl 8.4 OR: 2597 PG: 1138 8. To the extent that the Lease shall entitle Lessee to notice of any mortgage of . ha Premises. this Agreamenl shall constitute such notice to Lessee with respeclto thlt Mortgage and to any or all other mortgages or deeds 01 trust that may be '1f1ected t V this Agreement. lessee shall provide to Lender written notica 01 any delault 01 Le'i&or under the lease end shall sllow l8llder sixty (60) dsys to cure said delsull, and" reesonable period 01 time in addition thereto il circumstances are such that lander c.nnot gain possession 01 the Premises Dr said default cannot otherwise reasonably bo cured within said sixty 160) day period, before exercising any rights to abate renter feyments or to terminate said laase. All notico. required Dr permitted to be givan by either party hereundar shall be in writing and shall be considered properly given if mailed by first class United 5tates mail. post8lle prepaid, registered or certified with return receipt requested. or by delivering such in person to the intended addressee or by prepaid telagram. Notice so mailed shall ba effective upon its deposil. Notice given in any other mannar shall be effactive only if and when received by Iddressee. For purposes of nolice the addresses of lessee and lender shell be as S(,t forth hereinebove; providad, howaver. thet eithar party shall heve Ihe right to chan!/ll such perty's address for notice hereunder to eny other location within the continenlll United State. by Ihe giving of thirty 1301 days' notice to the other party in the manner set forth herainabova. 9. lessee covenants not to enter into any amendments or modifications of the Lease 'II ithout the prior written consent of lender, which consent may be withheld in L.mer's sole discretion. 10. Lesa.. coven.nts to indemnify and hold harmlea. Lander from end against any Ind all claims. loss, damage, cost or expense arising: fa) 'rom any accidant or o:currence in or about the Premises; or Ib) out of any failure 01 leal108 Dr its agants, ir vitees. servants. contractors or subtenants to comply with or perform any raquirem,lOts of tha laase. 11. The lender and the lessee hereby voluntarily, irrevocably and unconditionally waive sny right to have a jury psrticipals in resolving ony dispute, whether sowlding in contrsct. tort, or otherwise, between lender and the Lessee arising out ,If, in connactlon with, related to, Dr incidental to the relationship established bllween tham in connection with this Agreement Dr any other A\Jreement Dr document eKecuted Dr delivered in connection ha,ewith or the transections related hereto. This provision is s meterial inducement to lender to enter Into the Reimbursemfnt Agreement. It shalf not in any way affect, waive. limit, amand or modify lend....'s ability to pursue its remedies including, but not limited to, any confession 01 judgmant or cognovil provision contelnad in this Agreement or any other dotum"nt related hereto. lb.-y: Co/ufnlluI; Document" 1 02S02~1 6.5 .. OR: 2597 PG: 1139 IN WITNESS WHEREOF, Lessee and Landar hava executad these prase"ts .. of the day ""'. vaHr fir.t abova written. Signed and It knowJadgad in the p......nce ,f: LESSEE: Witneu Print Name:_ By: Its: WIlne$S Print Name: LENDER: BANK ONE, NA, 8 n.tional banking Issociation Witness Print Name,_ By: WitneP Print Neme:_ Its: STATE OF Oi'O SS COUNTY OF FRANKLIN SubsctHld, sworn to end acknowladged before ma, a Notlry Public in and for IBid County .,d Stata, by , tho of GlIIYlain FlOperties of Columbus, Inc., who Is perlonally known to me or produced IS identificltion on tltis of September, 1999, to be Ns fret act and deed on behllf of said corporation. -- Notary Public (RUBBER ST AMP SEAL) Ubrary: C~bus 00cumt1'lI 1= 1020021/1 6-6 OR: 2597 PG: 1140 '. . STATE OF OioilO SS COUNTY OF FRANKLIN Subsc /bed, sworn to and acknowledged before me, a Notary Public in and for said County Ind State, by , the of illlnk ')ne, NA, who is personally known to ma or produced as identification on this _ of Saptamber, 1999, to be his free act and daed on bahalf of Bald corporation. Notary Public (RUBBER STAMP SEAL! This inlttu"".,t wu prepared by: Squire; Sandars ,. Dempsey L.L.P.. 1300 Huntington ClI1ter, 41 South High Strast, Columbus, Ohio 432t 5. .......' Cobobuo: -." '02102YI B-7 .; ....- UK; ml fij: lltl m . . bhillhl Desorialion 01 Premilel LJIgy:~: --,: 102102v1 B-B ~t 1A-r...' 1RSSER.lCllIllA & UlllERFNlB 40lIt T,,*", TI N - SuIII 330 ..... Fl 34lO3 ~JJ~~~U un. ,a" fij: 11'l -- It omew. -. .ll'OWIt CIMf. n It'tlfl'" 1111:111I11I.'. .... aa lie ra IUI 1lII: I'IIlmllllJlrtU 1"1 fIIll11 fI . tilt II/UI II. )fltl A ISIGNMENT OF LESSOR'S INTEREST IN lEASES AND RENTS ASSIGNORS: GERMAN MOTOR COMPANY and GERMAIN PROPERTIES OF COLUMBUS. INC. 5777 Scarborough Boulevard Columbus, Ohio 43232 ASS'GNEE: BANK ONE, NA P.O. BoK 711018 150 Eall CampUI View Bourevlld, Suit. 120 Columbus, Ohio 43235 FOR "ALUE RECEIVED, the undereigned, Germain Motor Comp.nv. a Dalaw.. corporation, and Germain Propertle. of Columbol, 11lC., '" Ohio corporation, harein collectivelv ref8ITed (0 e. "Assignors", do hereby ...ign to Bank One. NA, herein ref.1Ied to 18 "Auignee., th.lr entire position a. lallor8 with respect to al/ lea... or rental arrarl!l8ment. eXlICuted Dr delivered, both oral and written, now existing or hereafter If Ide or existing, Including, without limitation, anv lease agreement, hereinaft.r IVhether one or more cOl/ectivelv raferred to el .'.a.... and all alltentionl or renew. thereof and any guaranta.. 01 less" obligations thereunder with respect to the following premises Ithe .Premi....): SEe f:)(HIBIT .A" ATTACHED HERETO AND INCORPORATED HEREIN tOllflther wliI but not limited to all 'al rents (or pavmentl in lieu of renls). rovlftjes, Income, r..,lIpte, ravanUllll, ilSuel end profitl now during or hellefter pavable under 8IIId Ieues or env exten.lon8 or renewels Ih8"of al1d all benofit. end adveFltagea to be derived IIV AAignOfll from alid 1IIIel lcollectivelv, .rents.'; (bl rights and cllliml for demllgllgainat tenent. .riaing out of defaUlt. under IIl$'ea.ea including righte to compenlathn with ,elpect to rejected lease. purluant to Section 365111 of the Feder" Iler.kruplCV Code for anv rep/ecement allCtion thereto) end al' benefits and edv81tllgft to be d.rived therefrom; (el all monies due or to become due to AlSlgnors 1.Jlraty: CoMnh:.;: Doc:un.rrt ,= 1018111I2 OR: 2591 PG: 1143 under the luses for services, materials or installations 5IIpplied. whether or not the same were aupplied under the terms of the lea8e8; (dl ell liquidlted damages following delsult under the lesaes; and leI ell proceeds payable under any policy of insurance cc vering loss of rents resulling from untenantability cauoed by damage to any part of t 18 Premises. Assignors do hereby empower Assignee, its agents or attorneys to collect, sue for. sattle, compromioe, and forgive fo, all of the rents that may become due under said leases .lnd avail itself of and pursue all remedies for the enforcement of 8aid leases and Assignors' rights in and under said leases. Assigllors agrea that Assignors will deliver to Assignee copiea of all executed lease8. Assianors warrant Ihat (1) such leases as delivered to Assignea shall be true, correct and I :emplets duplicates and unamended except for amendlT1fJnta furnished 10 Assignee. I i I Assignors have not heretofore assigned or pledged tha same or eny intareat therein, (31 no defeult exits on the part 01 tha lea_a, or Assignors, as lessors, in t", performance on the part of either, of fhe tarms, covenants, provisiollS, Dr agreemerts in said laeoeo contained, 141 no rent has been paid by any of the lesseea for nlore than one 111 monlh in advance, and (51 without Ihe written consent of Assignae no paymant of rents to accrue under said leaaeo will be waived, ..leased, se'off. reduced, discounted, or otherwise discharged or compromised by Assignors di ..ctly Dr indirectly by assuming any 10s88a's obligltiono with raspect to other pramis1S. Assignors rapresent, warrant or covenant. as the case may be: fal to mainlsin 6 months' rent Joss insurance; (bl not to collect any of tha rants, income and profits arising or accruing undar said le..es m...e than ona (1) month In advanca of tha time when tha same become due under the terms thereof; lcl without Assignee' s written consent, not to discount or waive any I uture accruing rents; ldl not to execute any other aS8ignmanlS or pledges, or transfer of said leeses or any interast therein or eny of tha ranta thereunder; (a) to perform all of Assignors' covenants and agraemants aa lesllOf under said lea..,. and nOI 10 suffar or parmil to occur any release of liability of tha lassees, Dr any rights to tha lassees to withhold paymant of rant; to give prompt netices 10 Assignee of any notice of dafaull on the Pllrt of Assignolll with raspect to said la88es recalved from tha lessees thereunder; and to furnish Assignee with complete copies of sllid notices; Llbrery: CoIumbul: Documenl': 101.:zav:Z .. 2 ~ OR: 2597 PG: 1144 (II In case of defaull under said leases by the lessees, to give prompt written notice to Assignee and, if so requested by Assignee, to enforce said leases and all remedies available to Assignors against the lessees; (gl that none of the rights or remedies of Assignee under the Mortgage (as hereinafter defined) shall be deleyed or in eny way prejudiced by this assignment: Ihl thllt notwithstanding any variation of lhe tarms of the Mortgege or eny extension of time for peyment thereunder or any release of part or parts of the lands conveyed thereunder, Ihe leases and benefils hereby assigned shall continue as additional sacurity in eccordance with the terms hereof; iii not to request, consent to, agree 10 or accept a subordinetion of said leases to any mortgaga or other encumbrance now or hereafter affecting the Premises; and m it has good title to the leases hereby assigned and will have good title to leeses entered into subsequent to the date hereof, and has the right, power and capacity to make this assignment and that no person or entity other than Assignors have or will have any right, title or interest in or to the leases and rents or monies derived therefrom. That 'urther, except with the prior written consent of Assignee, which consant may be subject to and conditioned upon such terms as Assignee deems necessary to protect its ir ~erast, Assignors agree thst Assignors wUl not: (a) terminate, modify or emend seid leases or any of the terms thereof, or grant. any concessions in connection with therawith, either orally or in writing, or to accapt a surrender thereof end that any attempted termination. modification or amendment of said leases wilhout such written consent shall be null and void; (bl a1tllf, modify or cheng8 the terms of eny guarantees of any of seid lea... or cancel or terminate such guerantees; lcl consent to any assignmants of said leases, or any sublening 01 the leased space thereunder, whether or not in accordence with their terms; Id) exercise any right of election, whether specifically set forth in any such laele or otherwise, which would in eny way diminish the tenant's liebllity or havllthe effact of shortening the steteO term of the lease; or Ubtll'/: ColumIMl< __,: '019aSv2 - 3 - OR: 2597 PG: 1145 (el sell, transfer, assign, or remove any personel property now or hereafter located on the Premises, unl.ss such action results in substitution or replacement with similer items, owned by Assignors and not otherwisll encumbered, of equal value. This I8signment is given as edditional security for the ~bligetions of AS6ignors to AssignM under thet certain Reimbursement Agreement of .IVen dete herewith [the "Reimbursement Agreement"j and that certain Loan Agreement effective September 9. 1999 an~ guaranteed by Assignors (the "Loan Agreement"), sums secured by that certain Op<tn-End Mortgage. Security Agreement and Assignment of Leases and Rents of e'l8n date herewith (the "Mortgage") executed by Assignors, that certain Unconditio"ll Corporste Guaranty Agreement effective September 9, 1999 executed by Assigners and to secure all other present or future obligetions, agreements or indebtedn". between Assignors end Assignee or Assignee's affiliates, said secured sums bein!! hereinefter referred to es the "Indebtedness". The Reimbursement Agreement Loen Ael8emenJ, and the Guarenly are hereinefter referred to as the "Loan Documents". The security of this aSlignment is and ahall be primary end on a parity with said Mortgage and not secondary. All .mounts collected hereunaer, after deducting reasonable expenses of colleclion, ,#Iall be applied on account of tha Indebtedness secured by said Mortgage, including. t ut not limited to, Assignee's expenses for tha management, repair, leasing and operat on of the Premises. the paymant of taxas, assassmems and insurance plamiums, or for such other expenses as may be plovided for in the Mortgage. Nothing hellin contained shall be construed os constituting Assignee a mortgagee in possession In the evant said Mortgage is fully paid and satisfied, cenceled and released, then the releasing of said Mortgage shall constitute a satisfaction, cancellation and ralea88 hereof. Upon isauance of a deed or deeds pursuant to foreclosure of the Mortgage, all righl. titla llnd interast of Assignors in and to said lea88s and rents shall, by virtue of this instrun lent, thereupon vest in and bacome the absolute property of the granlee or grantees in such deed or deeds without any furttw act or assignment of Assignors. Assignors llereby irrevocably appoint Assignee end its successors and assigns, as its agent and .ttomey in fact, coupled with an interest, to execute all instruments of assignmenl or further assurance in levor of such grentee or grentees in such deed or deeds, as flay be necassary or desirable for such pUrposa. Provided the tenant is nOI in breach lIf the tarms of any subordineted lease, the Assignee shell not terminate any such IE'88 through foreclosure. In the exercisa of the POWIfS herein grented Assignee. no liability shall be esserted 0" enforced egainst Assignee IOlher than erising from Assignee's groS$ negfigence or willful misconduct), sll such liability being hereby eXplesslv waived and released b, Assignors. Assignee shall be accounteble only for such cash ... il actuallV re<:eives under the terms hereof. Assignee shsll not be oblig.ted 10 perform u..., C<III.ml>., -.."...,: I0192M . 4 . OR: 2597 PG: 1146 or discharge any obligation, duty or liability under said leases, or under or by reason 01 this assig"mant, and Assignors shall indemnily Alllgnee lor and hold it harmless of and from allY and all liability, loss or demega, other then liability, loss or d.-...ge arising out t,f the Assignee's gross negligence or wiffful mieconduct, which it mayor might incur under said leases or under or by reason of this assignmant end of and from ellY ar d all claims and demands whatsoever which may be esserted against it by reason " any a/leged obligations or undertakings on its part to parlonn or discharge any of the terms, covenants or agreements contained in said le_. Should Assi."ee incur any such liability, loss or damaga under said Iaases or under or bV reason 0/ this assignment, or in Ihe da/anse of any such claims or demands, the amount the...,f, including costs, expenses or reasonable attorneys' fees, shall ba secured herllby 8I1d bV the Mortgage, and Assignors shall reimburse Assignee therefor immediately upon demend and any such amounls shall bear interest at Ihe Defd Rate of Inte1'8st, as defined in the Reimbursement Agreement. Such attorneys' fa.. and costs shall includa, but not be limitad to, tees and costs incurred in any phase of litigation, including, but not limited to, all trials, procaedings and eppeals, and all appeerance' in and connected with eny bankruptcy proceedings or creditors' reorgenizatilln proceedings. Altho~gh this instrument is a present auignment, Assignee shall not exercise any of the ights or powers herein conferred upon it until an event of defeult shall have OCCI.rr III and sny applicable cura period shall heve expired under the tenns and provisions 01 this essignment or the loan Documents or Mortgage or under eny other inmument .acuring Assignors' Indebtedness to Assignee, but upon the occurrence of any such default theraunder, Assignee shall be entitled, upon notice to the lessees, to all rents and other amounts then due under the le8les and thereafter accruing, and this assignl1lent ahall conslitute e direction to and full authority to the lessees to pey ell such am )unts to Assignee without proof of the defsult relied upon. The lessees ere hereby irrevocably euthorized to relv upon and comply with (end shall be fully protacted in so doingl any notice or demand by Assignee for the payment to Assignee of any rent,1 or other sums which may be or thereefter become due under the leases and shsll have no right or duty to inquire as to whether any delaull under the Mortgage, the loen Documents or this essignment has actually occurred or is then existing. This Illsignment is intended to be supplementary to end not in substitution for or in derogation of any _i9nment 01 leales or rents contalnad in the Mortgllgtl or in ,ny other C ocument bV end between Assignors and Assignee. In the event 0/ a defeult, and after any appliclble cure poriod shill have expired, under the terms and provisiono cf this as.ignment, the loan Documents, the Mortgage or under any other instrumant lecuring Assignors' Indebtedness to Asslgnoe, Assignoe shall, with recpect to n. Promlses snd the 108le., have tho right to exerciso any of tho remedies provided fOI in the Mortgage, including the right to enter and teke possession of the Premises ard to menage, operete, lease, meke repairs as Assign'e deems proper and to perform 'JUch other acts in conn,ction with tha management, operation, leasing or utw..." c_. lloc:umont', ,0192S.2 . 5 . I ___~_J OR: 2597 PG: 1147 construction 01 the Premises as Assignee deems proper, including the appointment of a receiver fer the benefit of Assignee. In the event that the rents or other monies received by Assignee hereunder are not sufficient to meet the costs and expenses incurred by 'e8ignee in exercising Its rights and remedies under this assignment or the Mongag s. any deficiency shall become pan of the Indabtedness and shall baar interelll at tt. Default Rate, as definad in the Raimbursement Agreement, and, unless otharwisa ag reed in writing, shall become immediately due and payabla. Failur<. of Assignee to do any of the things or exercise eny of the rights, interests, poNars and/or authorities hereunder shall not be construed to be a waiver of any of ne rights, powers and/or authorities hereby essigned and granted to Assignea. This elSignment shall include any extensions and renewals of the leases. This instrument shall be binding upon and inure to the benefit of the respective successors llld assigns of the panies hereto. The words "Assignors", "Assignee", and "Ieseee!.", wherever used herein, shall include the persons nemed herein end designeted .. such and their respective sUCcessors end essigns, and all words and phrases shall be taken to include the singular or plural end masculine, feminina or neuter gendu, as may fit the casa. This I_&ignment shall cover all leases and rental errangements of Assignors with r",pect to the Premises, and all subsequent owners of the Premisas. Assignee and the AlSignors hereby volunlerily, irrevocably and unconditionelly waive any ri~ht to have a jury panicipete in resolving eny diepute, whether sounding in contract, ton, or otherwise. betwaen Assignee and Assignors arising out of. in connection ~lith, rllleted to, or incidantal to the relationship esteblished between them in connecti01 with this Assignment of Lessor's Interest In Leases and Rents or any other Agree,"ent Of document executed or delivered in connection herewith Or the transactions related hereto. This provision is a materlsl inducement to Assignee to anter into rhe Loen Documente dated the date hereol between A..ignee end Assignors. t shall not In any way affect, waive, limit, amend or modify ASlignee's ebility to pursue Its remedle. containad in this Assignment of Le..or's Intarest in Laaus and Flents or any other document reJaled hereto. (This space has been intentionally left blank) Ubr.,y: CoIIMnbuI Oocurntnt I: 101928'12 - 6 - _I OR: 2597 PG: IIt8 IN WITNESS WHEREOF. the Assignors hereto have executed this Assignment of Lessor's Irtertst In Leeses end Rents SI of thie 28th dey of September, 1999 to be effllCtive e. of Septembar 30. 1999. Signed and A. :knowledged in the pr"enCl of: ASSIGNORS: ~=-- Witness <7 . ~ 1llc. {/I;t</,,t,r: . (~"" Witness Printed Nama!:t;t;; L. ~w'''''dD1 GERMAIN PROPERTIES OF COLUMBUS. INC. ~/!:~ Its: /~d-~ , . ~ GERMAIN MOTOP-GOMPANY Witnela .5tlt1 i / / ~/~::.v< ~.~ ~~.. . PrintedName:~ j, J...-n~i>>'f Its: ~~r -, ,i/ STATE OF OHIO S5 COUNTY OF FRANKLIN Subocrihad, oworn to end acknowledged before me, a Notery p.,bllc in and for seid County ..III State, by ~. .4..._~._ , the L., L'/ of Garmllin l'rttl8rtiea of Co us, Inc., who is personelly known to me or produced eo identificetlon on this ~ of September, 1999, to be his free let and deed on bahelf of uid corporetion. ~,/~~g' N~ Public IRUBBER.~I}"." . EALI i. . .' ( JOHN O. SCIJU'MN ATT~'. '. . .., ,. t.:~... ti:'::;'H;J6.UC:~':,:!O'~ . .~_. ~ .' "'urr.m::~l~~ hi~ n1f.~.fJ:';.1 ':'~. ,.'...ffJ ~J"I4141.dJl.C. , ..1.... utwery= Cok.lrntll..; Oxumetrt': 10'1:1:1,,2 - 7 . " . OR: 2597 PG: 1149 STATE OF 01110 COUNTY OF FRANKLIN 55 Subacriled, sworn to and acknowledgad batore me, a ~ary Public in and for said County ;Wld Stata, by 5,1~IJ hbWlA'" , the ' "./../ ot Germ.in Motor Comp.ny who is personally known to ma or produced as identificetion on this .:;~ ,Ii of September, 1999. to be hia fr8e let Ind d.ad on behalf of said corporation. ..p;(/~?:.. Nots~UbliC .. ..."".''''. "," .'t" ~I' JOHNO.SCI1U~.~~N.Arrr"..::: '.'i [RUBBER ST I ~(':m""'c,':.:'''._'.' . \~-i> 0 r,"t~r.;m~~:147.~3~.c.I...1 (~':. ",,/ :',,;:;-- This instrulTlllllt was prepared by: Squire, Sanders & Dempsey L.LP., 1300 Huntington Cumer. 41 South High Street. Columbus, Ohio 43215. UInry: CobMuI:: r...,..,.,o 101821...2 . 8 - UK: ~)~J PG: II)U DIIIIIT "II." PAICIL 1; -'loOt. 1 tltrollCJIl 4 bclUlvt, 'lock 2, tany '11II%1, lillIan, 10C0fIt1a; to pllt noordCd In .1It 10011 4, ftIJ. 43, 11III110 Ilecord. of Col. 11.1' ccur.Ty. 'lorl~., p,uc;l!1. 2, Lot. S . . .1oc:k 2. IUIIlIY DAJ:t. 1JZ1c:nl, __1'd1"" to p1a~ ~.c.~... in 'lat .oot 4. ..,. 43, PeC110 I.o.~.. .f C.l11.~ llDUIIC1. FlaI'UI. .1I.Il:IL 3. All tile, lJ;lI:t ot Usa 'OlI\11a,' 1/4 0' .wel.n 1.. tlMlIIlllp to 'OlIO, "r,. IS I.." COtUl.: CoIInt)', nod". 4.-c:dW I. tol. 111II11 ,,'I. Ullldl 1S1 C..'.f dI. IlIlr.l\ "0. s t.O III dI. w..t no 1*' oC Us. lie., ..0 ft" ot tII. ......' 1/4 oC ..~lon !.. 'l'0VMlI1p <I' lOUtll. "nt' as ...,. ClInt.r eOWll.r, rlod4a, un AlID 1X~Pl'IlIC ~_,**, dI. Ia., 111 r..t. P II.Il:IL 4, A ,.rell .f 1aa. 10"1t. in. tbe lallthl'uc 1/4 0' Sect1or. U, ,.....ft.h:.. .. Joqch, hnt. 2S ....\. CaULet Coynl:.1. rloC'U.. .....11'9 J.n "=';C'lIS.tt ...c:ritlH .. faUIN's ~"'." a; u. NotM.,te C'o:nu ot the I.,.U::....= l/-' ul J..c:!on 11. ,..",.hLp n to\&I.i1. Ilan,. IS IlIe, Co:U.~ COIIQO:Y. rLor:Ld., t.hence ".ft I. O.lI'U. I. .Lon, ttla hit. Uti. Qt the =i'oJllthun l/4 o~ eA. .a~d '.~1.1aft if fo~ A dl.tane. 0= .,0.30 t..:: (~.~C. C'IIn I ...ot.JQ. "Of pudld wLth th. Mor~~ Un. d the ..",~Ia"ln 1/4 .r ch. ..14 'lctJ.on 11 tgt' . dLn.t\~1 ot UZ.ll hu, 1.. a po,,"ft'" .f thtl ....seer'" U9ht:.-ot:..way 11n. ot 1"1:' JlNd J.. 4J (1'Ml..... traU.J at Ch. .... 1. .hown ora rh. Sttlt, aC 'lc,dda De,.rc.lnt at ':=-.nlyattatbft li,ht-.ot.Way Up fDr .,:.u aiO"d Xo. 41. (OUtll" couney. IIcUon 010LO 15U 'h..: 11 tht'.CI nn t. 1-00':10. I. Ilon, t:', WalUdy R.L,h~-at...wa:f Un. If u.e. 106. Ma. ., br 01 tAL,unel at 117.11 tel!:1 th,nG, ". S. 1'.""0. w~ ., ~l,h~ .",t.. to thl .,14 wlle.rly al.tM,...t:-W"y Uno tot . cUu"nc, at 111.11 hit: t~.n'. INn X. L.t,"'U" It. :0:' .. dL,tlltce o! 1n.:::1 h.tl t't4l:1CI !"Un iii. "to'U. W. (0," I dll:ln;. of l~J.U h'~1 th.nC'. rJ,n ". "'"01'10. 1... p,t:lntl w!.th ':ohl !lIarth 1."1 of t~1 Sa\l::;ean 1./4 0: tl'l. uL;S 'l.d.1I U tOC' . dLu.tlc:. cf 571. J] :".= to the Mtl4': ar IC:N:,::rtC. .AlCIL 5, "ole. 1 r"""II,. t. ':,.clr I. IIlUt :':4t!. ....i'\u. S.. ,UII.,":l\U 'tIU~ ", ull,.lu ,. t)l. ,:'n unr"'. L:'I Ph; ....:. '. ,_.'" U. P..,\Llt ".ul. .e CdUff C....:t..,. r~arU.. 'AJaL 6. n.." ,...... .IE land '.,.0..111_ .. C..t. x.n.. . .0 Caat. ,"o.cI ..e.III.....,oott.... .. lIJIown Oft CIII iU,.1: ot .YNli TI:'.'U a.lqht.l, .. It........ 'n .'AI -.-11 4. ..,. 41. at: u. P\W11c: ".cOda ot ~.Il~'r C8Uftey. rll..C'.. ........ 1 I J PAlC!L 7, OR: 2597 PG: 1151 'AltaL "-: II ,uG.1 of land 1" the SC 1/4 or S.~UO" 16. Town.hIp (8 JQ~~h. a.n,. 2' C..t, (011i.' County. tlo~ld.. .o~. p.C~lcul.rl~ d"C~l..d II follOws: 'rID t:h. J.nt.rl.c;c;;'gn ot. th. eant.rUn. a~ Stet. Itaad ..5 (U.S. u) .nd 'h4 "OCCh Un' at 1;1'1. 51 1/4 of ..14 section 111, ..Ld la..tlle.Lo. l~'L", "or:h "'Q?'~Q' .... 01 ao4 2655.n I... fro- _:II. co.ntar 0: S.ctLon 14.- t"..l" S~th 01-00'30. ....t .1ont' ..14 (~ftt:erUn. fo~ 40.11 flet. than run South. "-01'30. "'ut, ,er.lltl with CO. 11 t..~ t=-c.l, a; ....u...4 at I't(J1'\C 1"91.. 1:0 ,.14 'fDnh UrIC. be' 'Chi Ie 1/4 ot Sec1':1Ol1 U. foe 100.01 f..t; thine' :run South 01'00':10" I..t. aloftg . 111\' ClArall.l w.l,tt'l .and lCO.OC t..1: '~o.. .. ...slIclld .t dgl'll:' angl.. to .aLd ClAudine. tor la.co "lIIt '0 t:t:. peuH":' or 'l..l~HtHG on che ...ned, "lthe- C1:,WI) 11ne ot S~4l:' 11I(1'<< .,: t~.nc. c:one1nlll SCI...Il::l Ot.OO'JO. 1:4,e:. ....ar... ..te.: It.tG!l.:~af.~lr Un., !a~ %94.70 te.!:: t'h.ne. run Sc~~h "'01'30~ woa:. pe:ltl.l wL~~ ..Ld N~r:~ 11n_ a: ch. SE llC 0: S.ns.,.~ 1.01 tor: 2....... 'CQ on 1:'on ptn; tt\lnc. t1::'I S.:ut:l 01".'2L'"' r.u1 ta~ 91.17 t..t 'Co an iron. "In: cl\.nce r.v.n. SOlaCl\ ".01 1'" ."CI for 111.%1 t.~t t~ ,n i~on OLn: 'Chan~ r:~n HOc~n 40'''' 29.S" 1I..c:. 1101:0' W $OwtlWl'Iy' p.r"loftO'aUon ot d\lI c.nc.r'J.1r\e of co.e tAn., foe In.73 f..t '1:0 an .l.IO'on piA en u. $ola:"'".4.J1'1y bound." of SUNtfY TRo\lf.. M!1CICn;. ICCGcd.l.ng: all th. pllt 1n "1.'1; aaok .. 'IQe ..~. I'ubl1c I.cord. ot '=011.1.1: Caun':Y. flocllW; tftanco C\jn Hort:n II'Q4'50'"' IUI:. .lor...,: L..14 Sou.thnlr bcxmddr:y tor 13'.19 t..: co . c:OMr.~. .,nUINnt at the Sauthl,an.C'1:t cacner at . 10 toot c.....nc; .d,oL"1n; toot. " S, and. 3 of' ,'~d SUNIl'! fltAtr. HtICI"": th.nc. cloIn OQ'.."'51. w..c:, .~c:'l9 t:'\fI 181: Un. c;lt ..1d ,.,,,In:. COJ:' tho ZU.71 t..: to a Cc::r.C:'l'Ce aon\UlCln: at the HOtttl...te:ly c;a~".r: of ..1d. "':I...nt:: t!':.nc:., r.u1 Iforr::' .,-5P'31. 'ut, tOt 134.23 t.n to In Iron pl.n ,::t t~.. 5Q;Jt~,:::1'/ nlgnt-d-waY' ;'1.", 0' Sl:ate McMi4 $-8658 (Wlgg1M 'Intoa4); .th.ne:. cun (:'Ie fQU"".ln; ~uCle' a.o1\9 ..Ld Il.l.gnt:-of" ...." Un.: SQut:' OL"51'30" rue. to: 10.LO {.I:: CQ In Uon pin; )lo,n,h 88'01'30" I..:. fer 16.10. teet: to .rt 1:0n ,,In: South .'-:U'Ll1" Ealc. !ot U.80 !en to u .l.ron oJon at. C:'tl .otM't' or I!.CI:N.4INO. M40 PMete. I: A .,.=cd 1" t:'le En':' 1/'1 of l:nl U 1/-'& of SeCtLar\ U. t=wnnli1 .1 Salol'::', IIln9' 2.5 la,;. ::Ion putJ..:tJl.:-ly lSuc:r.ibed u !aUOd; ..,LM&.... at: a p.unt an tl'l_ ~"I: RJ.Vht"Df'-'lofay ot U.S. 41 (1'........1. tuU) 31)2.3Q !'Itl. South ot el'l~ Hn~t:h Una of ttl-: lout: 1/1 c_' ~h4 SE 1!J, Dt J.ct:Lon U. 10'4nlhl, .. sOlol'Ch. ,l.ng_ 25 E..tJ thone. -'4..t %415.00 r,_,: p.nU.1 w{eh th. liorel'l un. of th. c..e 1/: ,e t~. II 1/4 af Sect~an 14. Town.htp ~8 south. Aange 15 rut, t~.nc:. lout" ".0 hUt thence Cut 24:1.0 r..t .co tno W...t l'.LgM-<>>!..Var of U.S. 41: th.l\C. ltonl'l.:ly ':'CJl!g ~. "'..1: "L9M- o:-W~t L!~. ot u.S. 1L 91.a t.ee :0 .h_ .ot~~ 0' DEctN~I~. PAlm a I lAC.. llod: ZlI, GOl..DEN GAr.;. Vai. 7. _. to !he p,", _r_lll<d ia PlIIIoot '.l"I'S m 10 146. or rllo P\&bUc Ro:o.u oC C4Wcr C4"'-Y. Florida. I PAlCE!. 9, ["'J._ W.GOUlE/lGATii. VoiI ?o::.=lnIJlI&to cllopbl......,C~ .. ""100I:,....... 13' fO I~. of1llo p.""u. !\=;ntIofC4U;..Coom<y. Florida. 'A1lZL LO, 1Au s... .. I:oc:k ~U.CO""'~. L'rLil So, 1. OlICtOf'!.i:lI:O :.'\enupOf'plallhcrcO(rtCGrdc4 II. .,.:.r:.... Clatl 0(. Cimlit CO\.If: o(Colticr ':~t}'. Ilotfa in "'e Doale f. '.ll"" IJS~, 1&6. :tM;!ui~c~(:.!k 'utlitRel:Gn!lo(CQrl~:tCow;'Y, Floria. ttt OR: 2597 PG: 1152 ttt . , PAlC!L 11, ne .... 110 r..t at . c-. .t tll. !ac........1... .t tbo Ifo'~ Ii.. ot Dotvu 1oCl....CIl .J.tll tiI. ".t U"lI of J.ot In, ..pl.. GE'IW' , ~1Ii c.'. :.LtUe '.u.. WO. 2., ac:cGlclllot to Ue .llt. tMl'..f Z'KO~ D .1at IcMk 1, .t ..... 21 at tbe hbUco heel''' 01 COiU.1: ColIne!, 1'1oE'ida, lib.... "..e alont ..U *' ftla zo.&,bC at _ _, LN a~ o...h 1oU1.".,.... 100 t.ee. to tII. tobt of le91aJ,ntJ'; cr..neo coael""'. "..~ .10n, ..lot Jacth ~L'b'..f-v.' 11ft. .f Do.l. Ioul...cd ~ 41.tanc~ of 440 t..t to . poLntt tbeac. Morth p&8.11e1 .Lth ~h. Eaat 11.. D~ ..ld Lat 141 . 41.~.nc' oC '00 C..~ to . poin~; t.!l.aco "_II: alen. _ It"o ,.nlh1 wLtft ell_ Jlo~t.'r, dq"C'" 0'''_7 LLa. of 0..1. ".lav&:d . 41.\.~. o~ 440 f..~ ~a I poLa': t1laMo loath "l'aUel vith tl'l.u.t Una ot laid toe. U.J . cU.:aaee of Sao fe.t. to the 'oLAt at. .a,.1nnA."9. S...~... '0 ~ ......., ...r tlIa Jostll 10 t.-It tkerRf, Illd .aU ~oL beLa, . .- ar taU 14% .ael ICJ lI&pl.. ~0'lJ. ... ~k Co'. Litll_ 'ar"_ 114. 2. PAlCIL 12. n.:_1I2 01'.... "''''1$0'' oil.&< 1.1.1Wt.ES llROVES" ttIlCltCO:SUT1U ,..wa 1lO.:~__ II ..,..1IonoC .........._ I, .....21."'.._ _.eCa"'~. n.w.. SIJIJECT II llood 1IlPHt''''1J ... .. $olIIIaIy " _ """'< 'AIlC!L 1), no r..IOO ,. or... "'_1SO ... or.. _:IOlI.....e... _ m ....e.... 14'. IWI.!S O~lV!lI " 1WCK CO.'S IJI'l1.E 'AIlMS 110, t __ .. "'"... _t . _ ill ".. _ I.,.... 27, 01'.... NIle _ orClll&or~. florilIc PIJIC!L 14. no r..:zoo ,..orlho 11/....50 r...r.,. Nanla:lOll r... or... _m ....oI'lAIIl.1 .. I&Z, NAP..ES OIlOVES " TIlUCK COo'S lJt'I"UI F.uM!I NO. 2, . _ II ".. _I. ..... :17, or... NIIk ___ It c.a;. c:....,. FIarioIo: 'UCIL 1.5 _NCE .r.1III INlI'llSEciIaor DT .lNfi,llOItlH tH .~ OAM! IlQUVAIlO ..lH K (AST lie ar I.IIT 14.\ )UIIl1S GIlMI ..1IIUOC CO.., uTll.E FAllIS, NO.', _. ......... to 1IC Jll.AT 1lIl!lEer IlEQlIIlf;D II flI.Af.1OClK I. PAlO( Z7. OF" 1I\c MIl Il[CX_ ", c:ruI:lt ClUI1T. fUlIIIllA; lMEllCf: .lII:sllAMlt,v M.ONG SAC. IClIlIIIlIGIf'-cf'-IA'I' urc .", D;o'tlS ICIUV,tIIO $40 Fur To .1ltr .UT UNt riI I'IIIJIf:IITI' CCl!M:1tD To lIOI.4lIII c. IUIOZ IY DEED AlCOllOEIl IN omcrAl. IItCCJlll . _ 110, f_ -. -..: lIEc:cIRIlS elF COI.l.€R ~"rr. f\.CIIlOA, FOR 1Ht PlllNT ~ __. ~ 111: PIllI'ltllTl'itElI[JIllf;S-=-1l: "'NCZ CIlIrniu: .SlIIAlllLT ~ 1IC llIlIIlM UN( ~ D......s IICUI1 vAlID J pur. IIllIIC (It &OUS 10 lItE rilsT UC ~ _"", ~\IE'l:O ro.II...'" IIOUlfV"",O RENo 1!$ll'I1ft: .... orED "CIlIlll(D IN Clf'PICI,OJ,Il(CIlIID IIOCOI tZ2S..PACE %1'1:. KJU.llCIl1MIMllLY __ SlUIl EAST UHt JIlD, 'UT:. ~Nc[' EAST'I...~T.J FEE I. IICIE Cllt USS 10 _ lK$T Ul'C 0' 111I ~1lTT CQll\IE1[O 10 ftlCMAIlDO e. _01 ITllEtD.llIc:ll1aD II omCIAL N:CCIe 1OCK.55O, PACE 3'Q:.1ittNCl SD\ilMIIAlIDt.Y Iol.CNl: SlUIl 11('1 1M .D1 flU TO 1l!! JlClNT DT IlClHNNC. O"r-t" , . SI;lIt.(IfFlorida UNIfORM COMMBRCIA...CODe fINANCING STATEMENT FORM UCC.' {Rl!V.I9'J.lI nu. F1t101l!1:j/ll SI~ItnlG11 II pfUetl'ed fa 01 milll Om~"fr pul1uanl1(1 llle Uniform Commercial COolf: l. Dc64ar(1.aAN'..Finljf..ir4i~ldval) b. DalC of BIrch Of fel_ I , Q!nnain PrqJertles Of CQIlJltus. Inc. I I~ MIilJeaMdfwl I 'e. Cily.Sllrw ".~"'" 13315 Ib'll1 TCIIIIIllI Trail Naples. florida 1 A6IibauI Dc*OfT.' Nme (l.aIl N~ Fil1llflln indl'fidll~l) 21. DIlCQ(I),,1ftorF'Er, a. ....Iieta A4drw I k Cll~.SI'!f 111. lip Code I 3. SeanlhnyU....'Nanw('kslifanindividlall) --~ ,. .......- I lb. Clty,Stale )1;, ZipC~ l '00 EAst 8rl>>:l Stleet CQIUlIlus. CIlia 43271 I 4. A.aJl* ~ SKwtlI hrt~ (LMt ~*'M Fill' if '" IIldivtdwtn I ...1401110._ I .tb. Chy,Slale 4<:. ZipCOoIe ! ,. n;. "'-'Htt S&Mnntnl,.. .10110.,., t~ o,j~ Of pIVpa1)' lw!ud, cklcrillllOft 0("11I1 propmy on *hith located and owner 01 J<<.oN "'1'1", teq.,iftd 1t...1fIIlt1l1eqll1Nd. _'Ndi~ "*'1111. See E><Iltbit A attd1ed hereto ard IIIlde a part heroof. THIS [S A FIXME f(Ll~. I ~"""'....w_, D~lSo'c:ol.........allO&:Owred. ~ PruutdI 0' cell'"111 ". a110 tot<m4. o Dr.. i, Il:Itrtminintutiliry. 1. CIlooII..........." aAU~...,..III_.,,.,.tb1cotla~dvclltldpa)"blepunU.IltIo', 2or.12FS.........*n p.id. ("'__"_1 (I_~S...,T...."''''I...... .. Ia....... willi .. 6l9..OU2) ,.s..lbit.RIiIt!JWM iI tiled wlrl-.mI11M Dtbrot', 'i'""lI/'t ..,."...~_'lacol_, O-....,.Ill6jIQ.....tr. .......i..IftCIIMt~\Ifflcnill/fkbrOl.lahl jnlolhis .. Of..... --.c......... 1tIII, " ..... iI....-afll..o,...... ClllI-.w dnMbed lboVI' I, wlllch. tKIlril)' inreft.l WII - o . IOwWdtlbtftUltt....IIpCd. c-nlcd Iftdprnioul UCX.I ftlt.... . o ~"'.dlMtICIi......__"".CWCOf1lOl'lIll~N~flh_4tbtor. ~ "",1' ~--""! 9, NumbnQf~iliolUllht:tlIpmrnllld; ~ nu.S,...,., v. orFw.., 0Jnnr U, Si_.)..._11fty DlII...........y Aui_.) .;;.._"-0..... F 2538420 OR: 2597 PG: 1159 _ II ,",cw. .....1 =ua _. R Illll/Iltl It 11:111I11I. I. _, lIIlI 1Ie!ll lioN 11_c.".,,, - /.knl O. ~, Esq. 5qJ ,"', s,,'ders & CIl1psey. LlP l11llUltirgtal Ca1ter 41 bJt/1 Hi!t1 Street ~ JItlus, (Ilio 43215 sr_rol1M.POI1MVCC.1 I - - CIt),~.1i, -3 Appru~N by S<<rtW)' of SIMt', Sr.1C 0( Florida OR: 2597 PG: 1160 EXH811T A The real prop:rly described herein, togelher with all buildings, improvements. and tenements now or herea ter ereeled on lhe real property and owned by Debtor, and all heretofore or hereafter vae-ded alleys and streels abutting the property. and all easements. righls. appurtenances rents, royalties, mineral, oil and gas rights and profits. water. water rights. and water stock appurtenant to lhe property, and all fixtures, machinery, equipment. engines. boiler. incinerators, b Jilding malerials and appliance whalSOever now or hereafter localed in. or on. or used. Or inlenced to be used in cOMeclion with the property, including. bul not limited to. Ihose for the purpo,es of supplying or distributing heating, cooling, CleClricity, gas. water. air and light; and all elevators, and relaled machinery and equipment, fire prevention and exlinguishing apparatus, see 1fily and access conlrol apparatus. plumbing. balh lubs. waler heaters. waler closets, sinks. ranges. sto\'es, refrigera.tors. dishwashers, disposals. washers, dryers. awnings. storm window:, stonn doors, screens, blinds. shades, curtains and curtain rods. mirrors. eabinelS. paneling, rug!, attached floor coverings. furniture, fixtures and equipment now owned or hereafter aequ red and used in, on Or aboul the subject real eSlale (excluding. however, leased equipment) all of which, 10 the extenl owned by Deblor, including replacemenlS and additions therelo, shall te deemed 10 be and remain a part of the real property covered by Ihis Inslrument and, 10 the ext.nt pennissible by law, alllicenscs, pennits and certificalions and all other general incangibles 0" ned or used in cOMectlon with the operation of real property covered by Ihis lnsll\lment; an 1 all of the proceeds of Ihe foregoing; and all of the above including said real property de",'; bed herein. continued OR: 2597 PG: 1161 PAlctL 1: 'Lat. 1 tlltOllgh ~ bClllflve, Ilo(;k %, IOlllCY 'nI.UL MEan, lceon1ll1 to pllt nco~ in Pl.,t look 4. "" U, 1'\IIIUc llecord. ot' Col- llt~ c~. Flod"', PAlCEl. 2, Lou , . . .lock 2, 5mllll DAI%. lal=, ._.-:Ii", to ph~ .0ca.0I" in 'l.~ look 4, ,.,. 41, ~bl1c .ocor4. ot COlli.. councr. nadda. .All:IL 3, All ~n ...~ at 'ClI. 'Olltlla..t 1/. at ,..cLolI U, fQWMbl, U 'cNtII, ~l'I. U rut, Clut." cINner, nodda. .._..~ .. tal- 11l~,.t to... _ell UI bot ot Co". lIor... 4fO. J t..C at t:la 1I.0~ 330 C..~ of till lalt "0 f~lt .t CII' l4N....t 1/4 ot ...:1: :on 1:.. ~nMllip 41 'GIIt11, ""9. 2S ...t. ~l1J.er Cawny, rlod4a, USS AlfD lXC!7l'lIIC: 'tIlDIPICIt. tIIo Int 111 !..t. .AIr.IL 4. A ,_:(..t ar llolld loe.ctd in t!\. SouclIlI''= 1/4 .ale S.CI:.LO:i 11. f...n"lttp ... Snth. U"9' 15 Cue, coULtr Co"n~i', P1aP:Lf!.. bwb, ID:_ p.::-ic:"'",lo1rf '.llIc;lb.d &I (aUCw't ~.~.. a: t~. HO:lh...t eo:n.r o~ t~. Sau~~...: L/~ ~~ S1c~lan &It 1'clln.hip tit So"..th, cc.anflll 2S hn. Co:'lhc CQIII\':Y. rLa:Lc!!.&: Cl\U.CI non '0 O.)t.U. e. alanf tfll t.u; Un. G.t chi ~llIu~h.UI: Lt. a: .he lal. .,c~lo" 11 la: .. 4i,t.nee a~ 4tO.JG e..;l t~.3C. nn I. ".;)T')O. ".. pIl:aUa1 ",Lt~ the Hal't~ Un.. c:.! elle SOq'l::....~ 1/1 ot tb. .aLd he:1.on U tOl' " cu.st."c::a .t 18Z.27 C.U ;0 " pol"' ae tha "f..~&:'ly aL,l'11:-ofHI.y Un. of Sue. R.e' ... 4' 11'...L..", 'l:'nU" .. thill '''a hi .tlc"," on t.he Stole.. .f "1,,&'14& DillpU'UlClnt of "!;an'iJGC't:.t1cln ILfht-at.Way "51 t.r J-:U. ,c.C= 110. U, ColU.:- Count}', ,hctLad 01/210 %'1' ''''..CIlIa!: h th'::I\c. C\.,t I. 1.011')0. E. alon. t~. wesUC'l"1 it.L1ht.-ot..V.t 11:\<< .. lut<< iIIo.-4 Mo. 4S tOl' .a .bultlc. at In.11 t..t:: c:Le"n 1'11" I. "-"'10- N. .Co d,ht ."",1.. to the ..Ld H.,culy JU..t\;..t-W~"I Une :ClC' " d11:anc:. ot n., 11 e..':.: t~.n:' r.an !t, 1-,,"'15. :.t. to: . dh:..,C'. ot 7n.::1 e..tJ t"l"5~C'. [1.1;\ N. "SiP"- w. (:1:' _ dL.:.nc:e o~ 1~).14 tee1;1 tlle"C:. r.:n ,.. U'G7'10' l.. p4:.~L.1. v~':!\ ::~. ~o::h L~n. G~ '::\1 50l,l::'_U:- 1/4 0:' t..'\.- .,,~~ hcdu u: tor I dLIl:I~ce Q! UJ.33 :;".0: to ;:t. 'Mc:rr= or .r:::-l:l:"~, .AlCEL 5: ~.l:' 3 '.,.,,',. .. '~I.~ l. :&.,;'1:'1, ,:,:,tL lC.t.\t." tlll &cc..t"'::\c, V~.:-. .,i n~.uc h n\lll ,tu uurht l~ ,t.:: I~.:" '. "" U. ih)U= h,uh .r C.Uhe' C.:I".".,. ,\.a:\h, .AlCEL 6, G4c ,....ColtL .t un4 ':'!oiIc:r1bed. .. Cut c..n., . '0 Cooc. l'G\IIIIli .-&,II&....'-V." a. .,...... .n tho iJU': at SIUU\I" t'l':\LL ICd,hU. .. I'.cal"f,~ lito ,lee ..... 4, '1'_ .:1, or t;l\. rw:,LL= R.COC''SoII of ColU_ ~ CIN"t'l. '\01:'14.. ....,..., , PAR~L 7: VA; 'J'I ru: 11b~ 'MCEt. A: -. # pucC'l or hnd tl\ ~n.. St 1/4 ol! hctUn 16. TOIolI\:lMp (8 Sourr. ItIng-4 15 III.e, CouteE:' CQl.&ftty. f1clI:Ldo. "'0" ".r:1;l.euL.sdy d..cllb.d .. (ollgw., lC<:a th_ tt\r;.rn<:c::'ol'\ 0: tn. CantedL". o! SColts Itaad U (U.S "1.) end cl'us :laCt:1 Un. at' t:\e 51: 1/4 Qt ,.14 Soe.c.da" U. ..t;d: .1r.c.r..ctLon 1.1.119 Nor:h "-;37'313'" Ea.~ at IInd 21565.39 t..e t:Cd tl\e ce"C'a.t 0: 'cr.lLotl 14., c...n rout'- 131.'00'30" &ue donq .dd: C:.ntlllC'll.nG for: cQ.n t..t. tl'\cn "un SGl4tt\ tlt1'C1':JO" ....t', pU..14.L "loth .cO.11 I..e t:CIIl. u ~"SUI:'ct at :L;"t .1'1914. e4 add N'or:h Uno o( t~. SE 11" at Sect10n U. {t)C' tOO.OL t..C; tho.",:. C'~n lo..th Ol'CO':lO" !.-.t. ..!.dl'l~ .. l~n. P":'..U..z. vLo:l'\ end ICO. JO t.4C lco., a. ....n.d .: C'tgftC- 4119:". co .dl1 Ceocc:Utu.. CO:' t:J.CQ hU' co t:!':a ,OIN':' or U;;:=":-IItfl; on t.". .....t.dr "J.,ht... a~~wer u.~. of S';4e. !'talK "5: 'C~.r.c. ~...'C.lnu. lovl:h 01'CC)"O. lEu:. lur.g .d.~ l'.!.t;1\:~o=~foJay 1:,,.,1. :Oc 2,4.70 ~..u; 'th.ru:. C'1I.l'\ Ee~t~ 'l'07'~O~ Was,:. pa:.l1.1 wL~~ ..14 Hnrt~ 11~' ot t~. $Z 1/' a: Icc:lel"l 16, to:, lU1.U W .:1:\ lrClt\ "in: t~.nc' n':\ S.:~':~ 01.'51'114 EU!:. fQ~ 91,17 feU tQ In l:an ,,~:\: t~.nc. r~l'L SC\l~" aa'C1'lte ~A'C. to~ 111.11 f.~t to an Lron pL~: th.n~' run ~c~h 00'..t'29.5" w."I:. Ucu:; t."4 SQ\I:~aC'ly pnlQni.~1.~n ol! ~". C.ntadJ.tr.. of !:,uc: Line, fo~ 195.13 flet to In IrOR It'" on ~"1I ~o~:~~r17 bavndacy at .o~~ ~~%~ H!:CK~, accotdlnq to t~. plat J.n 'L,e 'oole C. "g_ 4;;. PubUt: .ac:ocd..s of ~G'U.1a.C' Coun~. '1''''41: tlIcMa run tlQC"th ".04'50" last:, ..1"r... .....(,4, Sau~rLr bour4.cy tar: "'39." (a.~ tG . o:mc:ret. IIGn....nc: at tn. ,ou.;Il:..ue....l,y c:a'ft." at a J.O tao=: .........nt edJoLnLng :;.dC'. 5, 5. ,nd J qt .11.4 SUNNY fAAtI. MUCHiS: cn<<nc:. ""11: 120'"4''''' 11<<.=, ..tC'!# 1:.'1. Eu: Un. al uJ.d <<uun:'. tor ct'!. 1fl.1! tee: t~ .. cal'll:'na =onu.an= .t r:.. i'ocot:..".-te.:'ly coc-nce o~ ..dd tlu...nl:: 't~.:JClt r".In Hl)rc~ 87'59',)74 In:. lar U4.23 t.c: :0 en .trCl" pin ~:1 :,..... .sau:~,::'1; nlgl'u:..at-'I.y ':1..,. ot St,u'. Raad $.1I6S1 (Wl"l.ns 1'" i(oed'i.th.nca run c.'" 1011",1.1"; c.ovtlU aJ.ong nicS IUghc-ot... "041."/ 1:.".: Sout:' 0L":I1'30. En:. ~~:' 10..1.0 I..':. t~ I" 1:on pl.n: t'fc.:l-'" U'01'JO" In:. t==- 'Z.IS.ea" teet to .n 1:on pit!: 5oul:f\ "'I1'u'" .411:, !oe ':5.10 !UI: ~;) a" J.:01'\ p!.n at ~~c PO:,.,,: 0' I!!C:''C'l'~(jj. Mole JAlC!L. e: A ;l.::Clll "" t;~. tu,: "1/1 ot ;1\11I Slt J./~ at $.<:O::!-o" 16, To'""."'" .. Sau':l\, Riling. %5 1'1.':. ~CC'1l p.:1:L~ul.:ly duc:-n.d 6:1 !::II~ &'0".' . 'cgL:-.n&Il.1 at 1 p.;JLnc: on et'l. ~'Clt ~Lg"t"O!"II.Y ot U.S. 41 (T,...L '1'''.11'' 391.JO !I.~ loutt\ a( tl'J.. 1rI1lt:'r.-h Hne ot tho: I,u: 1/~_ o~ dllll Sc J,.. ot ....cotton U, TQwn.hLp< 4' SGIlt;l':. ..1111" 2S .""J elletlC'. ~4Ielll 3~..a" :!..: '1:111..-1 wLth the NaC'C1'l UII. ot th. "~r: .1/: ~t th. sa 11" of Jccn:~an U. TQwn.hJ.p .. SGl.lth. ~"". 25 ''':;c. tl'lenc. SOuth "eO rtee; t:.."c. r.Ue 74J.D ,..e ,t~ t:h. W...:' .L~;"l;"O:"Wlr of U.S. of!: chanca HcC'~".:'lr .:'ot!g en. Hue ".LgM~ O=,v~y L~~. d: U.S. t1 91.0 f..t :~ :he PO:~T or SEGI~~f~C. PAlen 8. t.o 4. Bloct m. COUlEN OA... U~, 7, ~i to cllc plalflle,,,,r..,;ooW ..-"," Boot j,,,,,," 13jto 1~,.r<llel'ul>t:<:R=rOorColl!e:c...:'l', F1.tldI. I PAleD. S I ~ 3. BIocI: 2A8. CC'..!JEN GATE. UGil7, ~ llI(boplltltloroor~ ..I'" a...t $, _ lJj.. 14li. .CIllo P..lblic !t=.~ .rCow.. c....z,. fTorido. P.utclL 10, ~, 1M.. 8:ocll Z.&'. C.lden CAw.1,'ni4 S<J. 1. .x:/I,.:i."i~ ~'.l'RIpClt"c..I6crco{rcco~ ~lJ!I..""of:.....Cla1c .(~C:tcwitC_:.(C'Clllir.C....~ry. Fforicb. in 'blaNk 1. ,,~ lU:::''''-P I.... :1IC~~i..""r~ r"f1ric;ltac'Cl".(Col{~:rCQ\II."l'. fieri4.&. -' *** OR: 2597 PG: 1163 *** PAlC!!, 11 n. ...t UG tHt ot c:~_. .t the lat.l'a.cdoll o~ the Ii'Ot1:~ u.n.e "e a."i,. ..1....rd wltl!ll t44 ....t !i,D. of J.at lU, ..pl.. c;e-o..... , !'net C.'. :.J.tcl. FoUW'i, 141. 1, acco:4ia9 to t:JI. 'lat . u..1'.t ncol'd<<l1 Ii 'lat loOk 1, at h,. 27 of ~h. P\lbhc; 1.coI:'C" of callie: County, Floda, t!l.nc. Weat .to", ..14 Ic~b 1'19h= oe war liD_ of u.vi. lO~l.v.rd 100 t..~. to ~. '01.& .f ...1An~ftq; Ch,nce cOltinue v..t .lonq I.l~ Wortb rlllJht-Ot-4Y line at 0..,1., lcaul...:d .. dhcAnc:- ~~ (4Q ,..e to . pol~t; t~.ac. Nor:~ ~l.lLel .it~ t~. . Ute U... of ...id Lot in .. di.~.nc. of lOO het ~d .. 510:':\:': ~.at;. I..t don" .. u.n.. 'P.:..U.L vi~~ the No:th d'fl\c. of.....,.7 lill. at c.a,d. 8ouhv&.::i . d.i....."c. oe 440 ~u:' to . poiat' ~.nc. Sauc~ ,.=&11.1 with the.t.,t 11n. of s.~d Lot. 1n . dJ..taDC. Of lOa bee. to, the .oint of ...inn.ln". Id'ect ell t.JI .........t ....r u. 'aetk 211 .r._t t.heuot. ud .ai, foUc.l b.a9 . "u-e GI~ t,Qt.. H2 .-0.4 l4J ...pt._ c:z~. aM TRek Co.. tJ.tUe r~_ Mo. 2. PUce. 12, nr _ v. "'... 'II..,JO r.. ofl.oc I.I.IIAPUS GaOVES.. TAlICX co. 'S unu fUNS NO. L.-Iac. ... ... *",",. _10""' _ I..... 27. Ill........ a-do ole..- c:-r. FIooWo; S1JIJ!Cf. ....liaflt..r...."f ..... s.Goo17 7$ "'" dlaaI( 1'~131 n._IGll ....r.........2$lI,..,..r...._""''''''ot...._,.'....,........,. NAPUS Qa'7YU .. D.UCX CO:S umz ,AIl.'olS NO. 2. __ . "",,.._t . _ ~ ".. .... I. Pop r.. of Ill< Public __ .rc.m.r c:-r. - PAACEL 141 nr Eoot1aa... .r..........so r....rdlo Nor.h lOG r....rlll< _ 37' (al"'t.oa HI .... Ie. NAlUS OROVES ok TIlUClt CO:$ UTTtJj FAUCI NO. 2. . _ ;. ""' 11M I. .... 27, of Ill< NIIc ......r CoIIIct c:o...r. _ ,oar. II l:IJM!NQl liT. H IH1IIlSEciM;IoI aF K. MaltH ~ r:JF OA\IS lII:\UYAJll) 11I111 1H[ fAST H or lPT 14;llUl'dS GIIlMS ....1llUQl. CO;, uTIlE ,fJIIIS. NO.'. Joo./) MoN(: 10 1IC PlAT 1I1E1ltr:JF AEtllAllED III PlAt.8QCt( I. PAGE 27. at me PUaIl: IlECOllDS 0' l:l:Ia:ll CCUNIY, fUIIlIOA; 1Itf:NCf: JlutfAlllll.Y N..I:>>C 51.10, NCIllt 1lI0T..cr-.,,'l' UIC .0' 0..'<1$ eouu:v~ 540 FUT \'0 :M 'lEST UNt or PIIIll'EIlT'l' .:r;IM:lEO to 1ICH.IID C. Mot IV DUD RECOROtD '" cma,o\l, II(CcRll . 8ClQt $5G, Pili. -. PUIUC IItCCIRDS OF CllUI:R tllUHTT, f\,CRIOA. FCR lilt POINT r:JF _____ or lItE JIIl\lPlEItTT .HEUI! DESCRBtD; _ICE CtN1llU Wl!SllIAIlllI.Y N.llMl 1Itf: IIDRII1 UHE cr OA'IIS 8QU yA/lI) J RU. 1IQlI: CR lnS 10 1ltf: (~T ~ a I'IlCP€RTT COfoMlED TO.DA'ilS 8<AEY~RO 1lEN. !SIllATE IIY OlEO IlICC1DfD I! ~ III!CORD IlOCK tZ25,."AC( ~ISt;. 1tCICl. N<llllfWNlllJ." ND$ S.... F.AS11lNf. Rl. fEET:. I1iENl;t EAllT,roIlOLT. J FE[ I. ... (lit llSS 1t) 1l4[ .Uf UM:.aF M PlI<ft:~TT COlvt.".O TO _RCO c.. MUNOZ 8Y llEEO.RICCIIIlEO '" (lmCl<lL IIEC(IllII 800<.5$0. P~Cl! 3~: Mila: scu.T)(.ARtll.... N..OIC SAIl. en, lJNI: .:co FUT 11) 1I!E .PClNT OF tII.cioMNG. . . ttt 3444303 OR: 3610 PG: 3385 ttt UCOIOID In articUlo ne01D1 of cown ClIIft I " 07/21/2004 It 01:11" DIIGI! I. IIOCI. CIIlI UC ru 11.00 " UCC FINANCING STATEMENT AMENDMENT FOLLOW INSTRUCTIONS (_land back) CAREFULLY ". NAME,. PHONE OF CONTACT AT F1lERl.CltlCIII Phone (800) 331-3282 Fax (818) 882-4141 8. SEND ACKNOWLEOOEMENTTO: (NanwIftdMIIInQAddlWSl) 5134731BANKONE6 leu: DeC DlUC! IIlVlClI pO 1012lt1l GLlIDALI CJ '12t, '011 I UCC Direct SelVlces P.O. Box 29071 Glendale, CA 91209-9071 I 6317888.1 FLFL L ~ THE MO'I'! SPAR IS FOR n.IIG OFMCI.... ONLY rOllVsFINANCftQ8TATBefT ~II Dk)"ftlect(lbrIClf'd)(II'~1n1lll REAl. ESTATE RECCIADS. 1L 'NmAL FINANCING STATEMENT FILE' 2538420 OR 2597 PG 1159 10-01-99 CC FL Collier 2. n TERMIHAllON: EIIedIYfll'IeMollhe Final\Cil'lQ SIIIIcIment ldlIn~aIlOYtllleminal.lJd. ...oecttol8l1ll1tylnlere:stl')oI theSeculldPIrtJdaldng"T~"'" 3. [')(1 CONnHUATlON: EfI'lIdiveneu oIlhe Fil\lltldng StIttnwlt ldenlifled aIx1f8 wlIh respld to.... sec:uily Inllrtl5t(11 oIlhe S8aJred Party IUIW.Ibltlg lHsCrin.lllon......... ~ con\I~ued fOf 1M adliitlonal period PfO\IldlilO by 8ptlllcable law. .. ASSIGNMENT (rUII orpar1l81): Give name 01 aaslgoee in item 780( 7b and ackn&s of assignee In Ie::; IInd 8110 give name at auignOt... item 8. 5. MENDMENT (PARTY INFORMATK>N): Thil AmerxJment afledl[) DdlCargc s.a.ndParty IlII11C1:W'd. Chlckcnra. 01"'.___ Also check Q!!I Ql1he'o/IowIng IIWH boxes llDd pn:Mde ~le Information In"ema 61nd1or 7. OC~aE-NiTe"'~""'iJr",:Qj""CUIT8I'I\reoord"""lnlleme.oreo;8I&OgIV8new DOELETE~:Gl....r.cotdNln 0 ADD.....,..:~nem7acr7b.andallO nllfT8 (II name chI..lln llfll'l'Ila 01 7b andIot rwvtllddlW$ (It llddr8UdlInge)lnItM'l7c. toM liele(ed In l!em. or6b. KIm 7c; aIIo ~ l~ ld.7g (il apphQllb!e) G. CUR"ENT R&CORD INFORIIAnON. Sa. ORGAHlZAlJON'S NAME GERMAIN PROPERTIES OF COLUMBUS, INC. OR 8b.INOMOUAL'S LAST NAME FIRST NAME MIDDLE NN.lE. SUffiX 1.CHANGED(H OR Af)DEDINFORIMll0N: la. ORGANIZATION'S NAME "" lb. INOMOUAL'S LAST NAM!i FIRST NAME MlDOLE NAME SUFFIX 7e. MAILING ADDRESS OTV BTATE POSTAl CODE COUNTRY 7d. SEE INSTRUCTION ',J g. F RGANIZA N 1II.1P1ny .. 9. NAME OF SECURED PARTY OF RECORD AUTHORIZING THIS AMENDMENT (r18mI cJf MSlgnor, if 1Ili, is an ANl~I), lflhls Is an ~I adt1criZed 01- DIbCor whldl add&~ar__""~ DebkIr,OI ifWs II a TerrDnlIllon MlInllfl.. braDtblor, cMck 8I'ld<<l\ernameofoeBTORautt1orI2iIIglhI.~. .. OAOANlZATIOH'S tMME BANK ONE, N.A. "" 9tl. HJMDUN.'SlAST NAJ.E FIRST NAME MiDDlE HAJE $U;~IX 10. OPTIONAl... FILER REFERENCE DATA 6317888.1 Doblar Name: GERMAIN PROPERTIES OF COLUMBUS, INC. GERMAIN PROPERTIES OF COLUMBUS, INC. 283873 FILING OFFICE COPY - NATIONAl.. UCC FINANCING STATEMENT AMENDMENT (FORM UCC3) (REV. OS/22.()2) P'rIDeredIW UCCI:.8d.s.w:.. P.Q.Boll21lO11 GIInd;J... CA U20t-DD7lTel 18001331-3212 NONE - = ;;;;;; - 5!! - - - !!!! !Ii!: "'" = 5!! Ii - Iiii ;s a 5 ;;; r.'--:~..q;_,:. . .. . . . ,.'~'" }.ii:l.~ j ;'..:r:. --,or ~-::.~." '~~~~'~~~"'~":~. .~:~. ,.. .....__';..;,1.. ~.J.eII!.'\'r~-- ~ o OU90858 COLLIER COUIlTY i:l9IJUNI9 AI! 9'09 RfCOROEO 001625 OR BOOK 001266 PAGE ,"14 .3n MIIIlORMIIUM or _ U!NIK __ On June ~~991. 8 Ground lAIIa.a agX1MllllBilt: W88 Blltered into between OBI*AIN PROPKRTIBS OF COJ.UMBUS. INC... and GBAItAI'N,. INC. Th1a MeraorandWll of that: Ground Lea_ 8Qre8ltlent; .is puJeet1'ted for reoorcSing : 1. Nus of' 1.81101' in Ground Leese 1. Germsin properties Of columbUQ. Inc. 2. Name ot Le,uee there1nt Gemef.n. Ino. 3.. Addr8sB set forth in Oround. Lea... ... addna.BEls of Lessor and LeS8gB are Bill) follOwSI t Germain Propert1e8 of Columbus, Inc. 57?7 SC8rboroug~ Boulevard COlumbu8, Ohio 43227 Germsin. toe. 13491 North T.am1emf. Trail Naples. F~~~da 33963 4. D.te of Laa8e: June 15. 1991. 5a Descript1.cn of leased pr8111sE\G as set forth in Grcund Lease Agreement: 18 etteohed hareto and !larked. BKh:l.bl t It 11." .. 6.. The! date 01\ which the terd of the Ground Le.aue cornmence.a ie June 151 1991.. 7.. The terca at' too Ground Lease commences on June 15, 1991 .-end BlIPlres on June 14 # 2041 at: 11:: 59 P. M. .' ~ l'" g:~ ~} #.. _ t: ~~ tJ:........,. ..... l.! i ~ :;.i1 ~U{:.l U... p:-.I::"'I~ "'~~iHI !;l ~ '" fi tl Ii " " -_.-,_.......-... '~.l ..,~'..~ ., , '" " \ ;'". "~ ;:,~ ,~ ~-'. ~ ~ ^ .). ~~, - ~':'i' ....,. 001625 OR BOOK 00\267 PAGE 8. tasmsa hag no right of 8l1tene1.on or BXECUTED on this Ilh dey o~ JIAnG. 1991. renQ.W8~. signed and 8ckno'ftletlged in the pre.ence of: LB&SBB: gW}j5d~ G~IN, INC.. a Delaware corporation. LESSOR: GBMMAJN PROPERTIES OF COLUMBUS. INC. . Din ohio Corporation, By. ~"'" ROBERi L. GIN, JRw Its; Vlce President SBFaRi ME personally appeared aOBIR'l' L.. GBRMAIN. SR.. as Prealdent of GBRMAIN.. INC., ~ Delaware COrporll,'tiOn, 'to 'lte _11 fcnatm and known to me 1:D be the J)8rBOn de80:r:lbed in and who 8K.GCUted the fOl:'ego1.ng snd acknDIIledged to and before lI1a that he executed asid KBMORAMDUM OP GROUND L8A8B AGlIBEM&NT for t:be purposes therein eapre8s.d on behalf of seid corporation. WU'NB9S I'lY hand ana official seD1 this /'71;( day/~f- iuno, 1991. My Caalmle.lon. BJtplres: STlITS OF FLClRJIll\ ; COUNTy OP COLLIER: SBFORS ME peraonally eppaared ROBUT' L. GBRHA.u~, .;JR., as "'lee President of GERMAIN PROPBaTIBS OF COLUMBUS, INC., on ohio COEPO~atj.cm, to me w811 known and known to liB to be. the tMarGQn delilC:dbecl in and who eaeCd'te"- the foftgolng and aoknowledged t:o /~n'. if{ xJt~~~. ..... ary PubXi . ,/ "OTAItV puaue, STAn Of' noMD.(, ~IT COMMISSION. U,IIlU:: NOW. la, lOSt'. ......~E<I T...".cn"__Ualllt'__""cww. Ubi 1922-21-M ~ ,1--"-.""):" ~~.._. . " ~-;".~.~.. - l I ~ ,"", "< " ,(.~; .J.... . ..~..;; ",:>} '0 . .::.. '.>;.~..:. .'''''''' '., ~ ~ ~ :! ," - . l) 01625 OR BOOK 001268 PAGE ., . -~:"l':;;~~~::,. ".;- ,. '1f~."",:(1 na.1. .111\:f~i,~~; r ";;iJir'~.~.~ 01, r.'I.)~~~t:;: and DefOEe .... tbat he ""Boutell said MllKOIUOOlUII OF OIlOIIND tllASE AGRBBMBN'r for the purposes tbitreln IIxpresled on b81ullf of said co'rpOra'tton t WITNBSS my band 1991. and offioial aed thill L1;;Z doy of Jun.., /-Y u,..~ V.A.......-<:.~? . -iotfary Pu\hi - .. HOU.,n /lUilILle, stAll. or "LOIIID... Illy ~ON.NIUWMil IIPtRiilIiiOY." "at. ''''''ClID",MlI\OtAflY'''_~''OI'''''lIr..... MY Comm~B81on Eap~~8: -3- l1b/1933-21-M "'$'.,.:... ,..,,~ ,". . ~"\,,, "-",_,,,. ,.. ...~'f - ,..~:'1 " '.-_._ '~_,""''':'_''L."-''',,,. -':~_'.. .....~ ,"J~-iI '...__..._ ".,;_, .-. ,.....: ,.", ,-., ~ ,r.' .'.' "~_..,' ,., ., - ;' .~ :~. .~...:- . '.- ; ~...,;,...~"".::...-'.." ';'-:',.'~j:."'.y,. u -:.-;" , ", ..... .. .Q.~~..~~;: 'l.""'..""',~, ~". :"::t."'~.~;i .~';'~.'jr!,f:j; , J ....-'~.A' llOl615 OR BOOK 001169 PAGE "'\\:". . >-.....::;......-.".".. ., "". . .:' 2:~:~;::..~;~~:;t~~~.. -' ..'~~~~,~~~~ ';-:-~':':~~~.~-:~~H~~.tjV"'_. ~'.~c.. ~......' >,J",: .~,;, .,Ull 110%11:2 """ A pareeol of land located in the south.eQat 1/4 of section 16, Townllhlp 48 south, Ral\ge 25 laBt, Collier County, plorlda. bliling; more p.rticularly de.oribed as tollow.! COJIttENCE at the lforth,e..t cornar of ~. southeast 1/4 ot SectIon 16, Township 48 swtb. a.np 2' Baat, COllier COURty, Florida, thence run 8ou~b 0 degre.. 16'~2" ..at aloa-9 1:be I.at line ot thD southeast 1(" of ..1d seotlon 16 tor .. dlat:ana8 of 490.30 feet, Ulenae run south 8' d*9I'eea 07'30" w.at paralle1 wi~h the Horth 1.1ne o~ the Southaa.t 1/4 or .,a14 8.otion 16 for a d:Latance of' 182.. 27 f."t to a point on tbe W..terly 1\lgbt-o~-1t.y line of stat. Road NO. 45 (Ta.lam! Trail) alii t:.be IJlU1e1 1s .hown Oft the stat. of Florida Oepartmen't ot 't'ranaportation Rlgbt-ot-way up for: stat. ROld. Bo. 450, collier county, Sect:1on 03010 2519 Sb....t 2 an4 the POINT OF BEGINNING ot the parcal of land her.in da80rlbecU thence run South 1 4Gqree 00'30" 'Eo-at mlonlJ the W..terly Rlgh.t.-o-f-way line of state Rosel liD. 45 for a elistanoe of 987.13 r..t:; tbencII r\M South 88 d.4IJra.a 59' 30" We.t:. ..'to ri~t o.ngles to the ..id. WQatar11 B19ht...ot..Way line for. di.t:.nco ot 518..11 f..t.: thence run Nort:h 1 cleqreo 04'15" W.at. :for a di.tance of 1!li!!J.21 feet, thenoe run Ho:r:t:h 0 ".gre"" 50'08" w.at for III d1st.noe of 223.16 teet, thence run Hort:h as cl84r"liI 07'30" last, parallel w1th tbe Korth 11ne of the Southellst. 1'4 of .aid Section 16 for a dlataDoe of 578..33 feet to the POINT 01" BBGINNI:NG.. cuntaini1\9 13..0522 aQl'es. more Q%, leaa. Rl'L\19221UlL ~.,yo,I...d I::'~ ...Ol.....~ P\.llP'O~ ~ER~\l~(..'..~~1l jAIM5C. '-' '~'-' :~,: :~'-::...,J-~..'~~..-' . r .. .... . '1;~ ................ .... .~.~~ .. I ."':3 . . .. ~ ".< .;:-:;-: ., .~.l.r~'. .. :",.::;,:,~.,: . :.:.. ,'i-tC~~~ <.~ r' ij",~ ,~...~. " of ,. ~ ..",,> <~~ .~+?:~;?if;;':. "'"*- ....... . "--,;......i:<- . Teresa L. Polaski To: Subject: BrownAraqueSummer RE: Conservation Easement Ok, glad I checked. I will hold onto it until then. thanks Teresa L. Polaski, BMR Clerk III Clerk to the Board of County Commissioners Minutes and Records Department 239-252-8411 239-252-84138 fax (Teresa.Polaski@collierclerk.com) -----Original Message----- From: BrownAraqueSummer [mailto:5ummerBrown@colliergov.net] Sent: Wednesday, October 137, 213139 113:54 AM To: Teresa L. Polaski Subject: FW: Conservation Easement See below. I just checked - the applicant will be required to record when the project is approved. The project has not been approved yet. From: BrownAraqueSummer Sent: Thu 9/24/213139 3:43 PM To: Teresa L. Polaski Subject: RE: Conservation Easement We just need the Easement recorded. I will forward to the applicant. Thanks. Summer B. Araque Senior Environmental Specialist/EAC Liaison Collier County Environmental Services Department 281313 N Horseshoe Dr. Naples, FL 341134 Phone: 239-252-62913 My Desk Fax: 239-252-6719 From: Teresa L. Polaski [mailto:Teresa.Polaski@collierclerk.com] Sent: Thursday, September 24, 213139 7:45 AM To: BrownAraqueSummer Subject: RE: Conservation Easement It is the Germain Toyota easement. It is $113 for the first page and 8.513 for each additional page. The easement is 9 pages, do you want the backup recorded as well? 1 Teresa L. Polaski, BMR Clerk III Clerk to the Board of County Commissioners Minutes and Records Department 239-252-8411 239-252-8408 fax (Teresa.Polaski~collierclerk.com) From: BrownAraqueSummer [mailto:SummerBrown@colliergov.net] Sent: Wednesday, September 23, 2009 4:48 PM To: Teresa L. Polaski Subject: RE: Conservation Easement Which conservation easement and how much is the recording? I will forward the cost to the applicant as they are to go to your office and pay. Regards, Summer B. Araque Senior Environmental Specialist/EAC Liaison Collier County Environmental Services Department 2800 N Horseshoe Dr. Naples, FL 34104 Phone: 239-252-6290 My Desk Fax: 239-252-6719 From: Teresa L. Polaski [mailto:Teresa.Polaski@collierclerk.com] Sent: Wednesday, September 23, 2009 9:07 AM To: BrownAraqueSummer Subject: Conservation Easement Hi Summer, I need a recording cost number to send this on for recording. Thanks Teresa L. Polaski, BMR Clerk III Clerk to the Board of County Commissioners Minutes and Records Department 239-252-8411 239-252-8408 fax (Teresa.Polaski~collierclerk.com) Under Florida Law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by telephone or in writing. 2 Teresa L. Polaski From: Sent: To: Subject: Teresa L. Polaski Wednesday, September 23, 2009 9:07 AM 'SummerBrownAraque@colliergov.net' Conservation Easement Hi Summer, I need a recording cost number to send this on for recording. Thanks Teresa L. Polaski, BMR Clerk III Clerk to the Board of County Commissioners Minutes and Records Department 239-252-8411 239-252-8408 fax IT eresa.Po laski@collierclerk.com)