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HomeMy Public PortalAboutWingard Parking lotFile No./Escrow No.: 21-001 JONATHAN HOLLOWAY, P.A. 420 East Pine Avenue Crestview, FL 32539 (850) 398-6808 Property Address: Between Woodruff & Industrial, Crestview, FL 32536 Buyer: City of Crestview, Florida Seller: Crestview Investment Co., LLC Settlement Date: 02/22/2021 Disbursement Date: 02/22/2021 - Seller Debit' z.Credit Financial $ 600,000.00 Sales Price of Property Prorations/Adjustments Title Charges & Escrow / Settlement Charges Buyer Debit Credit $ 600,000.00 Owner's Title Insurance $600,000 to JH PA $ 3,075.00 Owner's Policy Endorsement(s) 9.2 to JH PA $ 307.50 Owner's Policy Endorsements) CE to JH PA $ 100.00 Owner's Policy Endorsement(s) 8.1 to JH PA $ 25.00 Title Search to Attorney's Title Fund Services LLC $ 400.00 Escrow / Settlement Fee to JH PA $ 250.00 Wire Fees to JH PA $ 50.00 Government Recording and Transfer Charges Recording Fees (Deed) to Okaloosa Clerk $ 18.50 Doc. Stamp Tax on Deed to Okaloosa Clerk $ 4,200.00 Miscellaneous Seller, _ . - Buyer- ' , Credit Debit ,� - . Credit $ - $ 600,000.00 Subtotals $ 608,426.00 $ - Due From/To Buyer $ 608,426.00 $ 600,000.00 Due From/To Seller $ 600,000.00 Totals $ 608,426.00 Copyright 2015 American Land Title Association. File # 21-001 All rights reserved. Page 1 of 2 Printed on 2/22/2021 at 10:45 AM Acknowledgement We/I have carefully reviewed the ALTA Settlement Statement and find it to be a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction and further certify that I have received a copy of the ALTA Settlement Statement. We/I authorize Jonathan Holloway, P.A. to cause the funds to be disbursed in accordance with this statement. Bu er V _4 Sell J Esc] )ficer� Copyright 2015 American Land Title Association. All rights reserved. Page 2 of 2 File # 21-001 Printed on 2/22/2021 at 10:45 AM STATE OF FLORIDA COUNTY OF OKALOOSA AGREEMENT Made this 22nd day of February, 2021 by Crestview Investment Company, LLC, a Florida Limited Liability Company, ("SELLER") and the City of Crestview, Florida, a Municipal Corporation, CBUYER'): WHEREAS, as a contemporaneous and integral part of the closing of the We/purchase of improved real property as described in Exhibit "A" attached.hereto and made a part hereof. The parties agree, as follows. 1. Following the closing, SELLER, shall have a period of ninety (90) days in which to remove its items of personal property from the seven (7) - unit former apartment building located on Parcel 2 of the subject property. 2. BUYER acknowledges that SELLER has an existing month-to-xn�anth tenant (Salty Turtle Designs, LLC, a Florida Limited Liability Company) at unproved real ui. vQay at 176 Industrial Drive as located within a portion of Parcel 3 of the subject property. BUYER agrees that, following the closing, the said Salty Turtle Designs, LLC shall have a minimum of one hundred twenty (120) days' notice to vacate said property. BUYER, at its sole discretion, may extend the Salty Turtle Designs, LLC's tenancy. 4 WHEREFORE, SELLER has set his hand and seal the day, month and year first above written. COMPANY, LLC, A Florida; Limited Liability STATE OF FLORIDA COUNTY OF OKALOOSA The foregoing instrument was sworn to and subscribed before me this 44 day of February 2021, by J. D. WINGARD, JR., as Manager/Member of CRESTVIEW INVESTMENT COMPANY, LLC, A Florida. Limited Liability Company, as Seller, who is personally known to me or produced an identification. tL*j50 'o- 4457q - e-1G -Oq 17 - o&- (SEAL) �.r►T'4.. Notary Public State of Florida Brandi Knopes MY Commissron GG 367326 Expves 08119,2023 Signature ofNotary Public _ ('C3.��'1 S Print, Type or Stam�mmissioned Naive of Notary Public ACCEPTED upon the terms hereinabove set forth Subject to the approval of the City of Crestview Council CITY OF CRESTVIEW, FLORIDA J_ B. WHITTEN, MAYOR ATTEST CITY OF CRESTVIEW, FLORIDA ELIZABETH M. ROY, CITY CLERK ENMIT A LEGAL DESCRIPTION OF PROPERTY'' TO BE CONVEYED Parcel 1: Tax Id N, o. 17-3N 23 2490-0009-0490 Lot 49, Block 9, Town of Crestview, Florida; LESS AND EXCEPT: The State Road Right -of - WAY, according to the plat as recorded. in Plat Book 1, Page 72, in the Public Records of Okaloosa. County, Florida. Parcel 2: A Portion of Tax Id No. 17-3N 23-2490-0009-0500 Lot 50, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida. Parcel 3: Tax ID No, 17-3N 23 2490-0009-{1S3f1 Lot 54, Block 9, LESS the South 20 feet -thereof, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of 0kaloosa County, Florida; AND the West half of Lot 53, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Boob 1., Page 72, in. the Public Records of Okaloosa County, Florida; .AND the East half of Lot 53, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of fikaloosa County, Florida, also being known as Lots I and 2 of a Re - Subdivision of the East half of Lot 53, Block 9, Town. of Crestview, Florida. according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida. SELLER'S AFFIDAVIT STATE OF FLORIDA COUNTY OF OKALOOSA The undersigned Jacob Dorman Wingard, Jr., being first duly sworn, on oath deposes and states as follows: I am over the age of 18 and have personal knowledge of the matters set forth herein. 2. I am the sole member of Crestview Investment Company, LLC, (the "Company") which owns the real property described in Exhibit A hereto (the "Property"). 3. The Company has separately authorized the transaction with the City of Crestview, Florida whereby the Company will convey the Property as set forth in the contract between the Company and the City. 4. Title to the Property has never been disputed to my personal knowledge, nor do I know of any facts by reason of which the title to, or possession of, the Property might be disputed or by reason of which any claim to Property might be asserted adversely to me. 5. To my personal knowledge no party is in possession of all or any portion of the Property under any unrecorded leases, tenancy at will or otherwise, except: (a) Salty Turtle Designs, LLC, month -to -month tenancy with agreement that Buyer shall provide at least a 120 day notice to vacate; and (b) Seller shall have ninety (90) days following closing to remove personal property from the Property. 6. The Company has not during its ownership of the Property conveyed any portion of the Property nor done any act or allowed any act to be done which has changed or could change the boundaries of the premises, except as set forth in the warranty deed approved by the parties in the Transaction, and except for the conveyance of a portion of the property for roadway purposes (Redstone extension). 7. The Company has not allowed any encroachments on the Property by any adjoining landowners nor have I encroached upon any property of adjoining landowners. 8. The Company has not allowed any easements, rights of way, continuous driveway usage, drain, sewer, water, gas or oil pipeline or other rights or passage to others over the Property and have no knowledge of such adverse rights. 9. There has not been any construction, erection, alteration or repairs of any structures or improvements on the Property, or materials delivered to the Property, within the last six months for which any charges or costs remain unpaid. 10. I do not have knowledge of any highways, abandoned roads, lanes, cemetery or family burial grounds, springs, streams, rivers, ponds, or lakes bordering or running through the Property. 11. I do not have knowledge of any due taxes; special assessment liens, fines, penalties or other liens affecting the Property. 12. The Company has not allowed and I do not know of any violation of any covenants, restrictions, agreements, conditions or zoning ordinances affecting the Property. 13. There are no pending lawsuits, proceedings, judgments, bankruptcies, liens or executions against me or the Company which would give rise to any claim against the Prrty. STATE OF FLORIDA !l!NT TT TTX7 l - - . r . III EXHIBIT A LEGAL DESCRIPTION Parcel 1: Tax Id No. 17-3N-23-2490-0009-0490 Lot 49, Block 9, Town of Crestview, Florida; LESS AND EXCEPT: The State Road Right -of -Way, according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida. Parcel 2: A Portion of Tax Id No. 17-3N-23-2490-0009-0500 Lot 50, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida. Parcel 3: Tax ID No. 17-3N-23-2490-0009-0530 Lot 54, Block 9, LESS the South 20 feet thereof, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida; AND the West half of Lot 53, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida; AND the East half of Lot 53, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida, also being known as Lots 1 and 2 of a Re -Subdivision of the East half of Lot 53, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida. Prepared by: Jonathan T. Holloway Jonathan Holloway, P.A. 420 East Pine Avenue Crestview, Florida 32539 SPECIAL WARRANTY DEED, Made this 22nd day of February, 2021 by Crestview Investment Company, LLC, whose post office address is Post Office Box 171, Crestview, Florida 32536 ("Grantor"), to the City of Crestview, Florida, a municipal corporation, whose address is 198 Wilson Street North, Crestview, Florida 32536 ("Grantee"): (Whenever used herein the term "Grantor" and "Grantee" include all the parties to this instrument and the heirs, legal representatives and assigns of individuals, and the successors and assigns of corporations, trusts and trustees) Witnesseth, that the Grantor, for and in consideration of the sum of Ten Dollars, ($10.00) and other valuable considerations, receipt whereof is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, releases, conveys and confirms unto the Grantee, the following described land, situate, lying and being in Okaloosa County, Florida, to -wit: SEE EXHIBIT A ATTACHED FOR LEGAL DESCRIPTION Together with all the tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining. To Have and to Hold, the same in fee simple forever. And the Grantor hereby covenants with said Grantee that the Grantor is lawfully seized of said land in fee simple; that the Grantor has good right and lawful authority to sell and convey said land; that the Grantor hereby specially warrants that title to said land is free from all encumbrances made by Grantor, and Grantor will defend the same against the lawful claims of all persons claiming by, through, or under Grantor, but against none other. In Witness Whereof, the said Grantor has signed and sealed these presents the day and year first above written. Signed, sealed and delivered in the presence of.• �liLA nt Name: y l i 1 1 !b r � STATE OF FLORIDA COUNTY OF OKALOOSA CRESTVIEW In MPANY, LLC The foregoing instrument was acknowledged before me this 22nd day of February, 2021 by Jacob Dorman Wingard, Jr., sole member of Crestview Investment Company, LLC, on behalf of the company, [ 2O ] who is personally known to me or [ ] produced f Gl • %-e917•0 as identification. EXHIBIT A LEGAL DESCRIPTION Parcel 1: Tax Id No. 17-3N-23-2490-0009-0490 Lot 49, Block 9, Town of Crestview, Florida; LESS AND EXCEPT: The State Road Right -of - Way, according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida. Parcel 2: A Portion of Tax Id No. 17-3N-23-2490-0009-0500 Lot 50, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida. Parcel 3: Tax ID No. 17-3N-23-2490-0009-0530 Lot 54, Block 9, LESS the South 20 feet thereof, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida; AND the West half of Lot 53, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida; AND the East half of Lot 53, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida, also being known as Lots 1 and 2 of a Re -Subdivision of the East half of Lot 53, Block 9, Town of Crestview, Florida according to the plat as recorded in Plat Book 1, Page 72, in the Public Records of Okaloosa County, Florida.