HomeMy Public PortalAbout14-8870 BB&TSponsored by: Mayor Taylor
RESOLUTION NO. 14 -8870
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF OPA- LOCKA, FLORIDA, AUTHORIZING THE
CITY MANAGER AND THE CITY ATTORNEY TO
NEGOTIATE AND EXECUTE A SUBORDINATION
AGREEMENT IN SUBSTANTIALLY THE FORM
ATTACHED, BETWEEN THE CITY OF OPA- LOCKA, THE
OPA -LOCKA COMMUNITY DEVELOPMENT
CORPORATION, INC ( "OLCDC "), AND BRANCH
BANKING AND TRUST CO (`BB &T "); PROVIDING FOR
INCORPORATION OF RECITALS; PROVIDING FOR AN
EFFECTIVE DATE
WHEREAS, the City of Opa -locka ( "the City ") entered into an agreement with
the Opa -locka Community Development Corp ( "OLCDC "), regarding the purchase of the
property located at 432 Opa -locka Blvd, Opa- locka, Florida, ( "Hurt Building ") with the
City holding a $25,000 mortgage from OLCDC; and
WHEREAS, the City had previously subordinated its mortgage to a mortgage in
favor of Miami -Dade County to OLCDC; and
WHEREAS, the City is now requested to subordinate its mortgage to a third
position behind a new mortgage given by Branch Banking and Trust Co (`BB &T "), to
allow OLCDC to transfer the property to the Hurt Building, LLC.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY
COMMISSION OF THE CITY OF OPA- LOCKA, FLORIDA:
Section 1. The recitals to the preamble herein are incorporated by reference.
Section 2. The City Commission of the City of Opa -locka hereby authorizes
and directs the City Manager and the City Attorney to negotiate and execute a
Resolution No. 14 -8870
Subordination Agreement in substantially the form attached, subordinating the City's
mortgage to the mortgage held by the BB &T.
Section 3. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this lfh day of November, 2014.
Attest to:
jv anna
Flores
Clerk
Moved by:
Seconded by:
Commission Vote:
Commissioner Kelley:
Commissioner Pinder:
Commissioner Santiago
Vice -Mayor Holmes:
Mayor Taylor:
Approved as to form and legal sufficiency:
:y, P 1
Joseph S. Geller / hn Dellagloria
GREENSPOO ARDER,PA
City Attorney
VICE MAYOR HOLMES
COMMISSIONER PINDER
5 -0
YES
YES
YES
YES
YES
2
CARLOS J. CANINO
President
JEFFREY B.CROCKETT
I" Vice President
LIONEL LIGHTBOURNE
2 "d Vice President
JORDI GUSO
Treasurer
TIFFANI LEE
Secretary
LANCE A. HARKE
Immediate Past President
MARCIA K. CYPEN
Executive Director
LEGAL SERVICES OF GREATER MIAMI, INC.
Chesterfield Smith Center for Equal Justice
3000 Biscayne Boulevard, Suite 500 • Miami, FL 33137 -4129
Direct Line: (305) 438 -2425 • Fax: (305) 573 -5800 • TDD: (305) 573 -1578
semami @ls mi.org• www.Isgmi.org
Sent to: The City of Opa -Locka
November 6, 2014
RE: Request for Assumption and Subordination of Existing City Loan in the amount of $25,000
To Whom it May Concern:
Our law firm represents Opa -Locka Community Development Corporation, Inc. ( "OLCDC ")
OLCDC is requesting that the City of Opa- Locka's mortgage, recorded in Miami -Dade County Public Records Book
12440, Page 395, on the property located at 432 Opa -Locka Blvd., Opa- Locka, FL 33054 (the "Property "), be
subordinated to Branch Banking and Trust Company (`BB &T "), the Property's new first mortgage lender. OLCDC has
secured the BB &T financing in order to make much needed repairs and improvements to the Property. If the City of Opa-
Locka (the "City ") consents to this transaction, the City would be in third position behind the FCB loan, and in second
position behind a loan for $240,416 from Miami -Dade County ( "County "), the Property's second mortgage lender. The
Subordination Agreement (the form of which is attached hereto as Exhibit "A ") is enclosed for the City's review and
approval.
Our client is also requesting the transfer of the Property's title from OLCDC, a Florida non - profit corporation, to the
Hurt Building, LLC, a wholly owned subsidiary of OLCDC. The Hurt Building, LLC is a Florida limited liability
company and has only one member— OLCDC. Because the Hurt Building LLC would be assuming all responsibility
under the current City loan, we have enclosed is an Assumption Agreement (Exhibit `B ") for the City's review and
approval.
We are trying to close the transaction by the end of this month. Please let us know as soon as possible if the City approves
the assumption of the loan by the Hurt Building, LLC and the subordination of the City's existing loan.
Sincerely,
Shahrzad Emami, Esq.
Legal Services of Greater Miami, Inc.
THIS INSTRUMENT PREPARED BY,
RECORDING REQUESTED BY AND WHEN
RECORDED MAIL TO:
(Reserved)
ASSUMPTION AGREEMENT
THIS ASSUMPTION AGREEMENT (this "Agreement "), dated as of October ,
2014, is made between and among (a) Opa -Locka Community Development Corporation,
Inc., a Florida non - profit corporation ( "Borrower "), (b) Hurt Building, LLC, a Florida
limited liability company ( "Transferee "), and (c) the City of Opa- Locka, a Florida municipal
corporation (the "Lender ").
I. RECITALS
A. The Lender is the holder of a loan (the "Loan ") to Borrower evidenced by a Promissory
Note (the "Note "), dated as of February 26, 1985 (the "Closing Date ") in the original principal
amount of $25,000.00 from Borrower to Lender.
B. Borrower's obligations under the Note are further evidenced and /or secured by the
documents set forth on Exhibit A attached hereto and incorporated herein (and all other
documents executed and delivered in connection with the Loan, the "Loan Documents ").
C. The real property (the 'Real Property ") owned by Borrower located in Miami -Dade
County, Florida and known as 432 Opa Locka Blvd., Opa- Locka, Florida 33054 (i) is more
particularly described in the Mortgage (as defined in Exhibit A), and as legally described on
Exhibit "B" attached hereto, (ii) is encumbered by the Mortgage and Security Agreement (as
defined in Exhibit A), and (iii) together with all other property encumbered by the Mortgage
and Security Agreement is referred to in this Agreement as the "Property."
NOTE TO RECORDER: Pursuant to this instrument, the Transferee is assuming the
remaining obligations under a Promissory Note with a current principal balance of
$25,000.00. Documentary stamp taxes in the amount of $ are being paid with
the recordation of this Instrument. Non - recurring Intangible taxes were paid in full upon the
recording of the Mortgage (as defined herein).
D. Simultaneously herewith, Borrower is conveying its interest in the Property to Transferee,
and Transferee is purchasing the Property and is assuming liability for the payment and
performance of the Borrower's obligations under the Loan Documents. Lender has agreed to
consent to such Property transfer and to the assumption of the Loan (as evidenced by the Loan
Documents), upon the terms and conditions of this Agreement.
II. AGREEMENTS
1. Representations Accurate. Borrower represents and warrants that the above statements in
the Recitals are true and accurate. Transferee represents and warrants that the above
statements in Recital D are true and accurate. The foregoing Recitals are incorporated herein
by reference.
2. Status of Loan.
a. Borrower and Transferee confirm and agree that as of the date hereof,
the outstanding principal balance under the Loan is $25,000.00.
b. Transferee acknowledges and Lender consents to the placement of first
mortgage financing on the Property in the amount of $618,000.00
(`BB &T Loan ") from Branch Banking and Trust Company ( "First
Lender ") to Transferee simultaneously with the transfer of title to the
Property to Transferee and the assumption of the Loan. Transferee and
Lender acknowledge and agree that the Loan and the Loan Documents
shall be in all respects subordinate and inferior in lien priority to the
and to all advances thereunder, and to the mortgage and all other
security documents securing the FCB Loan, and to all modification,
replacements and extensions thereof.
3. Assignment. In consideration of the foregoing, the mutual promises, undertakings,
representations and covenants herein set forth and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Transferee hereby assumes
primary liability for the obligations to pay the indebtedness evidenced by the Note, and the
other Loan Documents, and to perform all covenants, agreements and obligations under the
Note and the other Loan Documents. Without limiting the foregoing or any of the obligations
in the Loan Documents Transferee hereby covenants, promises and agrees: (a) to pay the
Note at the times, in the manner and in all other respects as provided therein; (b) to perform
each and all of the covenants, agreements and obligations in the Loan Documents to be
performed by Borrower at the time, in the manner and in all other respects as provided
therein; and (c) to be bound by each and every term and provision of the Loan Documents as
though such documents had originally been made, executed and delivered by Transferee.
4. Consent and Acknowledgement.
a. Lender hereby consents to and approves the conveyance and transfer of
the Property from Borrower to Transferee and the assumption by
Transferee of the obligations of Borrower under the Loan Documents,
subject to the terms hereof and provided, further, that such consent
shall not be deemed or construed as (i) a waiver of any provision
requiring Lender's consent under the Loan Documents; (ii) a consent to
any amendment or extension of the Loan Documents; (iii) a consent to
any subsequent assignment or transfer of any of the Loan Documents or
the Property or any portion thereof or (iv) a waiver, release,
diminishing or derogation of Borrower's primary liability under the
Loan Documents.
b. Borrower acknowledges and agrees that Borrower is and remains
primarily liable for all obligations under the Loan Documents and the
assignment and assumption contemplated in this Agreement in no way
affects, waives, releases, diminishes or derogates from such liability of
Borrower.
5. Limited Release of Borrower by Lender. Lender hereby releases Borrower from liability
under the Loan Documents for matters arising or occurring on or after the date of the
recording of this Agreement in the land records provided, however, the Borrower shall have
the burden of proving by clear and convincing evidence that the obligations for which the
Borrower disclaims liability first arose after the date of the recording of this Agreement in the
land records and shall continue to have obligations under the Loan Documents unless and
until a court of competent jurisdiction finds that the Borrower has met such burden.
6. Integration. Borrower, Transferee and Lender acknowledge that there are and were no oral
or written representations, warranties, understandings, stipulations, agreements or promises
made by any party or by any agent, employee or other representative of any party, pertaining
to the subject matter of this Agreement which have not been incorporated into this
Agreement. No express or implied consent to any further modifications involving any of the
matters set forth in the Loan Documents or this Agreement shall be inferred or implied by
Lender's execution of this Agreement. Any further modification of the Loan or of any Loan
Document shall require the express written approval of Lender. No provision hereof shall be
modified or limited except by a written instrument signed by the parties hereto, expressly
referring hereto and to the provision so modified or limited.
7. No Preiudice. Execution of this Agreement by Lender shall be without prejudice to
Lender's rights at any time in the future, to exercise any and all rights conferred upon Lender
by any of the Loan Documents.
8. Authority. Borrower and Transferee hereby warrant and represent, with respect to itself
only, that the persons executing this Agreement have full authority to execute this Agreement
on their respective behalves, if applicable, and to bind Borrower and Transferee. In addition,
Borrower and Transferee warrant and represent to Lender that the execution and delivery by
them of this Agreement and the performance hereunder has not and will not result in a breach
of, or constitute a default under, any deed of trust, mortgage deed, lease, bank loan, credit
arrangement, or other instrument or agreement to which Borrower, and/or Transferee are
parties or by which Borrower, the Transferee or the Property may be bound or affected.
9. No Relationship Between Parties. Nothing contained in this Agreement or in any of the
other Loan Documents shall be construed as creating a joint venture or partnership between
Borrower, Transferee and Lender; and Lender shall have no right or control or supervision,
except as it may exercise under the rights and remedies provided in the Loan Documents.
10. Successors and Assigns. This Agreement shall be binding upon and inure to the benefit
of Lender, Borrower, and Transferee and their respective heirs, legal representatives,
successors and assigns.
11. Governing Law. This Agreement is delivered in, relates to real and personal property
located in the State of Florida. This Agreement and the enforcement of all of the rights and
duties of the parties arising from or relating in any way to the subject matter of this
Agreement shall be governed by and construed according to the substantive laws and judicial
decisions of the State of Florida (regardless of the place of business, residence, location or
domicile of the parties hereto or any of their constituent partners or principals), without regard
to conflict of law provisions of the State of Florida. Each party hereby submits to personal
jurisdiction in the State of Florida for the enforcement of this Agreement and hereby waives
any claim or right under the laws of any other state or of the United States to object to such
jurisdiction. If such litigation is commenced, each party agrees that service of process may be
made by serving a copy of the summons and complaint upon each party, through any lawful
means, including upon its registered agent within the State of Florida, whom each party
hereby appoints as its agent for this purpose.
12. Notices. Borrower and Transferee hereby notify and direct Lender to send all notices to
be sent under the Loan Documents to Transferee rather than to Borrower, at the following
address:
Hurt Building, LLC
432 Opa -Locka Blvd.
Opa- Locka, Florida 33054
13. Counterparts. This Agreement may be executed in one or more counterparts, each of
which shall be deemed an original when executed and delivered, but all of which taken
together shall constitute one and the same instrument.
14. Headings. Headings are for convenience and reference only and in no way define or limit
the provisions of this Agreement.
15. Severability. All provisions contained in this Agreement are severable and the invalidity
or unenforceability of any provision shall not affect or impair the validity or enforceability of
the remaining provisions of this Agreement.
<<SIGNATURES ON FOLLOWING PAGE>>
IN WITNESS WHEREOF the undersigned have executed this Agreement as of the date first
set forth above.
[Print Name]
[Print Name]
County of Miami -Dade )
STATE OF FLORIDA)
LENDER:
CITY OF OPA -LOCKA
a municipal Corporation of the State of Florida
By:_
Name:
Title:
The foregoing instrument was acknowledged before me this day of November, 2014 by
, as a , on behalf of the Lender. He /She is
personally known to me (YES) (NO) or who has produced as
identification.
(Signature of Notary)
(Print Name of Notary)
WITNESS:
Name:
Name:
County of Miami Dade )
STATE OF FLORIDA)
BORROWER:
Opa -Locka Community Development
Corporation, Inc.,
a Florida non - profit corporation
ME
By:_
Name:
Its:
The foregoing instrument was acknowledged before me this
by , the Manager of
company. He /She is personally known to me (YES)
as identification.
Notary Public
[Notarial Seal]
Printed Name of Notary
_ day of , 2014
_ a Florida limited liability
(NO) or has produced
WITNESS:
Name:
Name:
County of Miami Dade )
STATE OF FLORIDA)
TRANSFEREE: HURT BUILDING, LLC,
a Florida limited liability company
By: Opa -Locka Community Development
Corporation, Inc., its sole member
By:
Name:
Its:
The foregoing instrument was acknowledged before me this day of , 2014 by
the of Opa -Locka Community Development
Corporation, Inc., a Florida non - profit corporation, the sole member of HURT BUILDING,
LLC, a Florida limited liability company on behalf of the company. He /She is personally
known to me (YES) (NO) or has produced as
identification.
Notary Public
[Notarial Seal]
Printed Name of Notary
EXHIBIT A
Loan Documents:
The Note dated as of February 26, 1985.
2. Mortgage and Security Agreement dated as of February 26, 1985 from Borrower to
Lender, recorded in Official Records Book 12440 at page 395 -398 of the public
records of Miami -Dade County, Florida.
EXHIBIT B
Legal Description of the Property:
Lot 9, 10 and 11, Block 79, of REVISED PLAT NO. TWO OPA LOCKA, according to the plat
thereof, as recorded in Plat Book 34, at Page 67, of the Public Records of Dade County, Florida.
TOGETHER WITH:
That portion of Alley lying North of and adjacent to Lot 11, Block 79, and West of and adjacent to
Lot 10, Block 79 of REVISED PLAT NO. TWO OPA LOCKA, according to the plat thereof, as
recorded in Plat Book 34, at Page 67, of the Public Records of Dade County, Florida.
RECORDING REQUESTED BY AND WHEN
RECORDED MAIL TO:
Legal Services of Greater Miami, Inc.
Attention: Shahrzad Emami, Esq.
3000 Biscayne Blvd.
Suite 500
Miami, Florida 33137
THIS SPACE FOR RECORDER'S USE
ONLY
CONSENT AND SUBORDINATION AGREEMENT
This Consent and Subordination Agreement (this "Agreement ") is entered into as of the
day of , 2014 by and among THE CITY OF OPA- LOCKA, a municipal
corporation of the State of Florida ( "Subordinate Creditor "), HURT BUILDING, LLC a Florida
limited liability company ( "Owner "), and BRANCH BANKING AND TRUST COMPANY
( "Senior Lender ").
RECITALS
Owner is the owner of the real property described on Exhibit A attached to this Agreement
(the "Property ").
Senior Lender is the owner and holder of a certain promissory note (the "Senior Note ") in
the original aggregate principal amount of $618,000.00 executed by Owner as Maker. The Senior
Note is secured by a Real Estate Mortgage, Assignment of Leases and Rents and Security
Agreement (as applicable, the "Senior Security Instrument ") executed by Owner in favor of Senior
Lender (the "Senior Loan "), and encumbering the Property more particularly described on Exhibit
"A" hereto and the improvements, fixtures, equipment, and other personal property described in the
Senior Security Instrument (collectively the "Property "). Certain of the security interests granted in
the Senior Security Instrument are perfected by the filing of a UCC -1 financing statement (the
"Senior Financing Statement ") showing Owner as debtor and Senior Lender as secured party. The
Senior Note, the Senior Security Instrument, and the Senior Financing Statement are referred to
collectively as the "Senior Loan Documents ".
It is understood by the parties hereto that Senior Lender would not make the loan secured
by the Senior Security Instrument without this Agreement.
Subordinate Creditor is the owner and holder of a mortgage or other security instrument
(the "Subordinate Security Instrument ") encumbering the Property recorded on February 26, 1985
in Official Records Book 12440 Page Numbers 395 -398 in the Public Records of Miami Dade
County Florida. The Subordinate Security Instrument secures a promissory note in the principal
amount of $25,000.00 from Opa -Locka Community Development Corporation as maker to
Subordinate Creditor as payee (the "Subordinate Note "). An Assumption Agreement (the
"Assumption Agreement ") was executed between Subordinate Creditor, Opa -Locka Community
Development Corporation, Inc., and Owner on date and is recorded in Official
Records Book Page Numbers in the Public Records of Miami Dade
County Florida. The Subordinate Security Instrument, the Subordinate Note, the Assumption
Agreement, and all other documents executed in favor of the Subordinate Creditor are herein
referred to as the "Subordinate Loan Documents."
AGREEMENT
In consideration of the mutual benefits to Subordinate Creditor, Senior Lender, and Owner,
and for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and to induce Senior Lender to make its respective loan, Subordinate Creditor,
Senior Lender, and Owner hereby irrevocably agree as follows:
1. Subordination and Consent. Subordinate Creditor unconditionally subordinates the
lien of, and all other rights under, the Subordinate Security Instrument and any and all related UCC
financing statements and fixture filings filed with respect to the Property to the lien of, and all other
rights under, the Senior Loan Documents and all advances or charges made or accruing thereunder,
including any and all extensions, modifications and renewals thereof, additional advances
thereunder (whether or not Senior Lender is obligated or committed to make such advances) and
capitalization of interest, costs and fees in connection with any of the foregoing. Senior Lender
agrees, notwithstanding the prohibition against inferior liens on the Property contained in the Senior
Loan Documents and subject to the provisions of this Agreement, to permit Subordinate Creditor's
mortgage lien against the Property (which is subordinate in all respects to the lien of the Senior
Security Instrument, and the other Senior Loan Documents) to secure Borrower's obligation to
repay the Subordinate Note. Such permission is subject in all respects to the terms and conditions
of this Agreement.
2. Foreclosure of Subordinate Security Instrument. Subordinate Creditor agrees that in
any action taken to foreclose the Subordinate Security Instrument, no tenant of any portion of the
Property will be named as a party defendant, nor will any other action be taken that would
terminate any tenancy of the Property without the prior written consent of Senior Lender.
3. Amount of Subordinate Debt. Subordinate Creditor and Owner represent and warrant
to Senior Lender that the total principal amount of the indebtedness secured by the Subordinate
Security Instrument shall be no greater than $25,000.00.
4. Modification of Senior and Subordinate Loan Documents: Certain Waivers.
Senior Lender and Owner may freely enter into extensions, modifications and renewals of the
Senior Loan Documents without notice to or consent of Subordinate Creditor and no such
extension, modification or renewal shall defeat the subordination made herein in whole or in part.
Subordinate Creditor and Owner may not enter into extensions, modifications and renewals of the
Subordinate Loan Documents without notice to or consent of the Senior Lender. Subordinate
Creditor waives any right, privilege or defense Subordinate Creditor might otherwise have based
upon any impairment of Subordinate Creditor's security or recourse and agrees that Senior Lender
may waive recourse on, and release or fail to perfect security for, the obligations evidenced by the
Senior Loan Documents without notice to or consent of Subordinate Creditor, and without
defeating the subordination made herein in whole or in part. Subordinate Creditor and Senior
Lender each have adequate means to obtain information from Owner on a continuing basis
concerning the financial condition of Owner and the Property and concerning Owner's ability to
perform Owner's obligations to Subordinate Creditor and Senior Lender. Subordinate Creditor and
Senior Lender each assume the responsibility for being and keeping informed of the financial
condition of Owner and of all circumstances bearing upon the risk of nonpayment of the obligations
secured by the Subordinate Security Instrument, and the Senior Security Instruments. Subordinate
Creditor and Senior Lender each hereby waive and relinquish any duty on the part of the other to
disclose any matter, fact or thing relating to the business, operations or condition of Owner or to the
Property now or hereafter known by Senior Lender or Subordinate Creditor.
5. Lien Priorities; Lien Subordination. Owner, Subordinate Creditor, and Senior Lender
acknowledge and agree, notwithstanding the actual order of recording that the relative priority of
the following instruments and related liens and encumbrances shall be in the order set forth below,
and Subordinate Creditor and Senior Lender consents to the Owner's encumbrance of the Property
by such liens and encumbrances:
a) first, the mortgage securing the Senior Loan;
b) second, the mortgage securing the loan from Miami Dade County to Opa -Locka
Community Development Corporation, Inc. and assumed by Owner in the principal amount
of $240,416.00 dated as of April 17, 1991 and recorded in Official Records Book 14984
Page 1252 in the public records of Miami -Dade County Florida;
c) third, the mortgage securing the Subordinate Creditor's Loan.
Subordinate Creditor hereby subordinates and subjects the liens and encumbrances created
under its respective loan documents to the liens and encumbrances created under all loans and loan
documents senior in priority (as set forth above) to its loan documents. Subordinate Creditor agrees
to execute, acknowledge (if required) and deliver to any other lender a subordination agreement, an
estoppel certificate and/or such other and further documents in a form reasonably satisfactory to
such lender to confirm the subordination reflected in the preceding provisions of this paragraph.
6. Amendment. This Agreement may be amended only by a written agreement duly
executed by the parties hereto.
7. Leeal Costs. In the event of any litigation, arbitration or other legal proceeding in
which any party (including but not limited to Senior Lender) seeks to enforce its rights under this
Agreement, each party shall be responsible for its own legal costs.
8. Entire Agreement. This Agreement sets forth the final expression of the entire
agreement of the parties hereto with regard to the subordination provided for herein and shall
supersede and cancel any prior agreements as to such subordination, including but not limited to
those provisions, if any, contained in the Subordinate Security Instrument, which provide for the
subordination of the lien or charge thereof to a mortgage or other security instrument thereafter
executed.
9. Binding Effect. The heirs, administrators, assigns, and successors -in- interest of
Subordinate Creditor and Senior Lender shall be bound by this Agreement.
10. Governing Law. This Agreement will be governed by and construed in accordance
with the laws of the state where the Property is located.
11. Duplicate Originals; Counterparts. This Agreement may be executed in any number
of duplicate originals and each duplicate original shall be deemed to be an original. This
Agreement may be executed in several counterparts, each of which together shall constitute a single
Agreement. The failure of any party hereto to execute this Agreement, or any counterpart hereof,
shall not relieve the other signatories from their obligations hereunder.
DATED as of the date first set forth above.
<<SIGNATURES ON FOLLOWING PAGES>>
SUBORDINATE CREDITOR:
CITY OF OPA -LOCKA
By:_
Name:
Title:
STATE OF FLORIDA )
) ss:
COUNTY OF MIAMI -DADE )
The foregoing instrument was acknowledged before me this
2014 by , as
City of Opa Locka, a municipal corporation of the State of Florida.
Personally Known ❑
Produced Identification ❑ Type of Identification:
❑ Did ❑ Did Not Take an Oath
day of
on behalf of the
NOTARY PUBLIC, STATE OF
FLORIDA AT LARGE
NOTARY STAMP
SENIOR LENDER:
BRANCH BANKING AND TRUST COMPANY
By: _
Name:
Title:
STATE OF FLORIDA )
) ss:
COUNTY OF MIAMI -DADE )
The foregoing instrument was acknowledged before me this
, as
COMMUNITY BANK, N.A..
Personally Known ❑
Produced Identification ❑ Type of Identification:
❑ Did ❑ Did Not Take an Oath
NOTARY STAMP
_ day of 2014 by
on behalf of FLORIDA
NOTARY PUBLIC, STATE OF
FLORIDA AT LARGE
OWNER:
HURT BUILDING, LLC, a Florida limited
liability company
By: Opa -Locka Community Development
Corporation, Inc.
By:
Print Name:
Title:
STATE OF FLORIDA )
) ss:
COUNTY OF MIAMI -DADE )
The foregoing instrument was acknowledged before me this day of 2014
by as , on behalf
of , a Florida limited liability company.
Personally Known ❑
Produced Identification ❑ Type of Identification:
❑ Did ❑ Did Not Take an Oath
NOTARY PUBLIC, STATE OF
FLORIDA AT LARGE
NOTARY STAMP
EXHIBIT A
Lot 9, 10 and 11, Block 79, of REVISED PLAT NO. TWO OPA LOCKA, according to the plat
thereof, as recorded in Plat Book 34, at Page 67, of the Public Records of Dade County, Florida.
TOGETHER WITH:
That portion of Alley lying North of and adjacent to Lot 11, Block 79, and West of and adjacent to
Lot 10, Block 79 of REVISED PLAT NO. TWO OPA LOCKA, according to the plat thereof, as
recorded in Plat Book 34, at Page 67, of the Public Records of Dade County, Florida.