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Parcel 149UE PROJECT:Airport Road/Estey Avenue PARCEL No(s): 149 UE FOLIO No(s): portion of 70770040003 AGREEMENT THIS AGREEMENT (he~ to as the "Agreement") is made and entered into on this 14 day of , 20 lO , by and between SHAARA Y PROPERTIES llC., a Delaware limited liability company, whose mailing address is C/O GREYHAWKE CAPITAL ADVISORS, 500 West Putnam Avenue, Greenwich, Connecticut 06830, Attention: Denise Tilman, First Floor, (hereinafter referred to as "Owner"), and COLLIER COUNTY, a political subdivision of the State of Florida, whose mailing address is 3301 Tamiami Trail East, Naples, Florida 34112 (hereinafter referred to as "County"). WITNESSETH: WHEREAS, County has requested that Owner convey to the County an easement over, under, upon and across the lands described in Exhibit "A" (said easement hereinafter referred to as the "Easement"), which is attached hereto and made a part of this Agreement; and WHEREAS, Owner recognizes the benefit to Owner and desires to convey the Easement to the County for the stated purposes, on the terms and conditions set forth herein, said terms including compensation for legal fees which Owner will incur in the amount of $1 ,000.00 shall be due and payable for the Easement requested by County. NOW, THEREFORE, in consideration of these premises, the sum of Ten Dollars ($10.00), and other good and valuable consideration, the receipt and sufficiency of which is hereby mutually acknowledged, it is agreed by and between the parties as follows: 1. All of the above RECITALS are true and correct and are hereby expressly incorporated herein by reference as if set forth fully below, and all Exhibits referenced herein are made a part of this Agreement. 2. Owner shall convey the Easement to County, in a form acceptable to County and at no cost to the County, unless otherwise stated herein. Said conveyance (Owner's delivery to County of a properly executed easement instrument) is hereinafter referred to as the "Closing." 3. Prior to Closing, Owner shall obtain Subordination Agreement annexed hereto as Exhibit "B". 4. This Agreement shall be null and void, and of no further force or effect, unless Closing shall occur within sixty (60) days from the date County executes this Agreement; provided; however, that County shall have the unilateral right to extend the term of this Agreement pending receipt of such instruments, properly executed, which either remove, release or subordinate any and all such liens, encumbrances or qualifications affecting County's enjoyment of the Easement. 5. County shall pay all fees to record any curative instruments required to clear title, all Easement recording fees, and any and all costs and/or fees associated with securing and recording a Release or Subordination of any mortgage, lien or other encumbrance recorded against the property underlying the Easement. 6. The Agreement and the terms and provisions hereof shall be effective as of the date this Agreement is executed by both parties and shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, personal representative, successors, successor trustees, and/or assignees, whenever the context so requires or admits. ~ . , Agreement Page 2 7. Conveyance of the Easement by Owner is contingent upon no other provIsions, conditions, or premises other than those so stated above; and this written Agreement, including all exhibits attached hereto, shall constitute the entire Agreement and understanding of the parties, and there are no other prior or contemporaneous written or oral agreements, undertakings, promises, warranties, or covenants not contained herein. 8. This Agreement is governed and construed in accordance with the laws of the State of Florida IN WITNESS WHEREOF, the parties have caused these presents to be executed the date and year first above written. AS TO COUNTY: DATED: If). :If.. {U;>JO ;" - ~;:-; :~.; An-It, ... CIte , , -I . tlM~ .... ...- .: , ~~ . ".,: ~~ .., -'. ' (Signature) Name: f'v1-1\'fL1L L. f Llt<<.1ItMlfJ -~~ . S' () Witness ( Ignature Name:J2eM& e- 111:;l!.J..J~ (Print) Approved as to form and legal sufficiency: ~-fj-o~ Assistsnleounty Attorney BOARD OF COUNTY COMMISSIONERS :~LLlER ~ ~RIDA Fred W. Coyle, Chairm~ P RTIES LLC. d 'ability company BY: (Signat~re) ~ f ~ (V}AN~ (Title) (<0 r)~ f J. CoJ t'rJ (Print Name) ~ N W+E S o I 5 I 10 I SCAlE: 1" 15 I = 10' or-- r<) "*1:0 !:it- .U C/)~N Om .O::m <3:.: Q........ ~t-!- .0::0 <3:.: 0 0 &0 ,-... - W 1...1 <C!- <3:.: a:: <{ o WCl a::: Q.. N t') I- Wo CltC) a::: ~ CD o. (LO 0::8 <3:.: POINT OF BEGINNING .. ....... A..._._... "_.on _-<_'__h._ "--~~---~-'._-'--'''''-'~'-'''''''''' .,_.. ___ ~.....___.___...#._. ___'___~_"_'~' ...._..__~.... ..u._.. ... ......_ e,~HI~ ~- 20 J P ART OF LOTS 1, 2 AND 3 OF ROCK CREEK PINES NO. 1 (A.K.A) 7-11 PROPER1Y PER O.R. 2313 PG. 189 L2 " ,'" ,," " ' /,\ ':'-"/1 ' , , , ,,,1..,' ::;:~, ':',<<\ ' , , , , ," ,/' '''A ,,' " .. ,. ..'' ..'' !: '~~:~:.~:::~\' " /" ". .' ,..' ,.,' ,.,'- ",. , -,,',/ ,/ ,,,' '\ ><">:>:>'~1i'\ ,.I' "'" ,..' ,I' ,~'., " :'~~.:':::.~:::::;::~::.-.:::~.:>~ " " " ," / " "....."...~ , ",' ,,' / ,'" " " " " ," ..~'.......... ,I' ,I' " .,' ,,' ,I' ," ," " .,' " " ,'~ '/,',/ ADDITIONAL' ."",'" ,,,','-, ,,/ ,/'~ ;0-..... , ,. "" "" v"",-,..... . ,,,' ,,"'RIGHT OF WAY,' ,I" /,' ,,' ,,' ,,.,, ,.,' ..,' ,r' "" ,,' " ~ ,I' ,,' " ,. ""/' /' " ,. " " " " ,.' / ,:' /'," " " " " ,,' ,,,' ,,.,., ,1"'" / ""' ,,.,, ,,,' ..,' ,.,1" "I''' I'" ""'/' "ii' /',1'" ,,.,,, ,,' .,....:: " .. " " " ". " " " ". " II' /" " / ' " " '0,. ,,:.,... "~,/',,/>,,:/,<,,, ',/',/' '"":'""/,",,":,,'-,,,,',.,",,,' ,.' "-,",," '"'-',,, :5:Cl .........<C 0::0 )-0:: _.If- n::oc WO 1-0.. (()o:: <C- w<C UNE L1 L2 L3 L4 L5 L6 L7 L7 NOR111ERL Y R/W ESTEY AVENUE ESTEY A VEN U E 55' WIDE PER AIRPORT PROJECT # 66032 DATED OCT. 1992 LEGAL OESCRIPll0N A PARca OF LAND LYING IN SECll0N '. TOWNSHIP 50 SOUTH. RANGE 25 EAST, COWER COUNTY, FLORIDA. BEING LtORE P ARllCIJLARL Y DESCRlBEI> AS F'OU.O\\S: BEOINNJNC AT THE SOUTHWEST CORNER OF LOTS " 2. AND .., f1S SHOWN ON THE PlAT or ROCK CROOC PINES NO. i, A PlAT RECORDED IN PLAT BOOK 2 PAGE 85, or THE PlJBUC RECORDS OF COLlIER COVNlY. FLORIDA; '!liENeE N.Oo"3O'SS"W.. ALONG THE EASTERLY RIGHT OF WAY UNE Of' AIRPORT ROAD F'OR 47.61 FEn: 'llrolCE N.B9"29'OS"E. FOR 2.50 FEET; 'lllENCE s.onO'08"E. FOR 24.68 FEET; THENCE s.3B'Il'OO"E, FOR ,....55 FEET; '!HENCE: s. 7S'S,'l52"E. FOR 25.1 J FEET: '!HENCE S.OO'35'SO"E. FOR 5.00 FEET, TO A POINT ON THE NORIliERLY RIGHT OF' WAY UNE OF ESTEY AVENUE THENCE 5.B9'23'50"W., ALONG SAID NORTHERLY RIGHT OF WAY lINE FOR 39.0~ FEET, TO THE POINT OF' BEGINNING OF TH PARCEl. HERIN DESCRIBED CONTAINING 597 SQUARE FEET, MORe OR LESS, SUBJECT TO EASEMENTS AND RESTRlCllONS OF' RECORD. BEARINGS ARE BASED ON PLATTED BEARINcs, ACCORDING TO THE PLAT OF ROCK CREEK PlNES NO.1 IN PLAT BOOK 2 PAGE 85, or '!HE PUaLfc RECORDS OF COLUER COUNTY. FLORIDA. BY: SKETCH &: DESCRIPTION ONLY NOT A BOUNDARY SURVEY FOR: COWER COUN'TY GOVERNMENT BOARD OF COUNTY COMMISSIONERS ESTEY AVENUE SKETCH & DESCRIPTION OF: ADDITIONAL RIGHT OF WAY PART OF LOTS 1. 2 AND 3 COLLIER COUNTY, FLORIDA JOB NUMBER 080015.00.00 LENGTH 47.61 2.50 24.68 14.55 25.13 5.00 39.04 l. HelDRA, PROfESSlOlW. S\JRVEYCR NO ).WIPER flOReA REGlS'IRAl1ON almFlCAlE NO. SIllll SlaNiNa o,..m NOT VAUP WITHOUT 1liE SlONAllJllE 01: 0fl1CINAI. IlAISS) OlllOSSED SfAL or A Ft.ORItl.\ IlEClSIDED PROFESSlONAL. SIlIMYOR AND IAAPPER. n\XT^~~. ftSF1Pi ~~~ 8el0Wlllow PIIll\ 0rM. S\Ifla 200 Naplos, I'IaIldll :M10l1 Pltone: (239) 597~575 FAX: l239) 5117-0078 LB No~ 6iS2 FlLE NAME SHEET 0004 1 OF 1