GAC Properties, Inc. - Reverter Dischard & Release RI NIESCTORR6D1 E6 D7 71223/30121R0 62 01 5100
POOGA6M89PAGES 1
Parcel ID: 369152000011
Phase! Parcel Number:2
P Collier CLERK OF THE CIRCUIT COURT AND COMPTROLLER
Acres 9.I2 acres
urchaser: County I ransportation
COLLIER COUNTY FLORIDA
Parcel ID: 37493920003 REC$10.00
Phase:I.Parcel Number:17
Acres 5.0 acres
Purchaser:Collier County Transportation
REVERTER DISCHARGE&RELEASE
KNOW ALL MEN BY THESE PRESENTS: Avatar Properties Inc.,a Florida Profit Corporation,fikla GAC
Properties Inc.,First Party,for and in consideration of the sum of Ten and No Cents($10.00)Dollars,and other
valuable considerations, received from or on behalf of Collier County, a political subdivision of the State of
Florida.Second Party.the receipt whereof is hereby acknowledged(wherever used herein the terms"First Party"
and"Second Party"shall include all the parties to this instrument and their respective successors and assigns).
HEREBY remises,releases,acquits,satisfies,and forever discharges;(I)the restriction on the use of proceeds
under Paragraph 5;(2)the First Party's reverter right under Paragraph 5;(3)the First Party's right of first refusal
contained in Paragraph 8;and(4) the waiver of the appraisal requirement contained in Paragraph 7.that which
Taylor Morrison, Inc..has agreed to allow the appraisal to be performed by a State-license Appraiser in lieu of
an MAI.all part of the Agreement dated November 5. 1983,as amended,between Avatar Properties Inc.,ficia
GAC Properties Inc., and Collier County,a political subdivision of the State of Florida,as recorded in Official
Records Book 1340 at Page 270. in the Public Records of Collier County, Florida, for the lands described as
follows:
Parcel ID: 36915200008
ALL OF TRACT 81,GOLDEN GATE ESTATES,UNIT NO. 7,according to the plat thereof.as
recorded in Plat Book 4,at page(s)96 and 97,of the Public Record of Collier County,Florida.
Parcel ID: 37493920003
ALL OF TRACT 55,GOLDEN GATE ESTATES,UNIT NO. 18,according to the plat thereof,
as recorded in Plat Book 7.at page(s)7 and 8,of the Public Record of Collier County,Florida.
a d n
IN WUNESS WHEREOF, I have hereunto set my hand and seal this day of
Mov e,nraber .A.D..2021.
Signed,se and delivered in presence of:
Avatar Properties Inc..a Florida Profit Corporation
it )
1-(1 By: Ilk P
(print.;Airpe) oel nderwood.rice-President
Vs, ss(signature)
41,9ra
(print name)
STATE OF
COUNTY OF
The foregoing instrument was acknowledged before me by means of physical presence or 0 online
notariza - day of 7) , 2021, by Joel Underwood,
*I;Avatar Pr stes Inc.Such person(s):
v.• % ......;• 0
ary
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Piti41941• eStrAap e box:
613 3.4%. is are personally k own to me.
*
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rod need his her rrent driv ense.
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a.•
roduced as identification.
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S910185879
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.10,490 N tai-y u lc: le'fiSebru.
• -fp•.-•-,*Nifed ttt4006.-6.4):IF Printed Name of Notary:
o' • undo •• Cir
xt/ •• • Is. Commission Number: /OS 0 7/
-ts i,jtsMy Commission Expires: Cic / Z.-0 2--S
.STA„
"110010100"
Approved as to for an legality:
Jenni .Belpedio, ssi-t unty Attorney 01
\ C40