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Consent,Joinder of Easement and Subordination - Folio# 82660001357 INSTR 5226280 OR 5240 PG 1951 RECORDED 2/9/2016 8:43 AM PAGES 4 DWIGHT E. BROCK, CLERK OF THE CIRCUIT COURT COLLIER COUNTY FLORIDA PROJECT: WILSHIRE LAKES WATER LOOPING REC$35.50 PARCEL: TRACT CR2 FOLIO: 82660001357 SUBORDINATION, CONSENT AND JOINDER OF EASEMENT THIS UBORDINATION, CONSENT AND JOINDER OF EASEMENT given this c26 111 day of of Cf ' , 2016 by Branch Banking and Trust Company whose post office address is 5830 142nd Avenue N. Clearwater, FL 33760 (hereinafter referred to as "BB&T"), in favor of the BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, AS THE GOVERNING BODY OF COLLIER COUNTY AND AS THE EX-OFFICIO GOVERNING BOARD OF THE COLLIER COUNTY WATER-SEWER DISTRICT, its successors and assigns, whose post office address is 3335 Tamiami Trail East, Suite 101, Naples, Florida 34112, (hereinafter referred to as "CCWSD"). BB&T is used as singular or plural, as the context requires. WITNESSETH: WHEREAS, BB&T is the owner and holder of that certain Non-Taxable Agreement not to Encumber or Transfer Property by and between Wilshire Lakes Master Association, Inc. and Branch Banking and Trust Company and recorded on April 23, 2015 in Official Records Book 5143, Page 2187 et seq. of the Public Records of Collier County, Florida, (hereinafter referred to as "Agreement"), encumbering the premises legally described therein (hereinafter referred to as the "Encumbered Property"); WHEREAS, CCWSD has requested and received from the fee simple owner of the Encumbered Property a perpetual, non-exclusive Utility Easement over, under, on and across a portion of the encumbered premises legally described in Exhibit "A" attached hereto and incorporated herein by virtue of this reference (which premises are hereinafter referred to as the "Easement Property"); and WHEREAS, CCWSD has requested that BB&T consent to, join in and subordinate its Agreement to the interest that CCWSD has in the Easement Property to which request BB&T has agreed. NOW, THEREFORE, in consideration of TEN DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, BB&T does hereby consent to, join in and subordinate its Agreement to the grant of that certain easement described herein over, under, on and across the Easement Property and any interest of CCWSD in any utility facilities located therein or affixed thereto. Except as subordinated to the easement described herein over, under, on and across ��s the Easement Property, or any utility facilities located therein or affixed thereto, said Agreement shall remain in full force and effect. IN WITNESS WHEREOF, BB&T has set its hand and seal the date and year first written above. / ...A...id,. ..4„.......a. / • Branch Banking and Trust Company Print: b • - ' Pt , By: --�-�-�t 110 ___:,, ID - Print: rrr% (1%4.+cti / Title: Seale/ v?r />�f✓�j%,ll Print: %o . Or STATE OF 7 Itlii d6i COUNTY OF lit-i4j. The foregoing Subordination, Consent and Joinder of Easement was acknowledged before me this 2&1-1 day of .,,�dviue( , 2016 by -i ,i-1i, urDuc/i , as .1e✓t►bc !.:; c PlrJark/ (Title), of Branch Banking and Trust Company, who i, personally known to me or who has produced '•eo i•en I Ica on as identification. (affix notarial seal) 4.u..�.. pp — (Signatur'o`�ary Public) -7-6,-.M ;n 1 Y)c-icsS 1 s`/WI NataryPabllc MASSY I (Print Name of Notary Public) '• Commission#►FF 201256 ` NOTARY P U B L I C ,,�F ;,04 My Comm.Expires Mar 23,2019 Serial/Commission #:(if any Bonded through National Notary Assn. I My Commission Expires: Approved as to Form and Legality: C)J2 -- k..9 Jennifer A. 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