Ownership and Encumbrance Report

Transcription

1 Ownership and Encumbrance Report First American Issuing Office: First American Title Insurance Company 2233 Lee Road, Suites 110B Winter Park, FL Customer Reference Number: First American File Number: Prepared For: City of Hollywood 2600 Hollywood Boulevard Hollywood, Fl Legal Description: See Attached Exhibit "A" 1. Grantee(s) In Last Deed of Record: Palm Beach 2000, Inc., a Florida corporation, as to an 80% interest and Vestmaz, Inc., a Florida corporation, as to a 20% interest, by virtue of Book 46807, Page 270 and Book 48985, Page Encumbrances/Matters Affecting Title: () Exhibit Attached (X) Exhibit Not Attached. a.. Declaration of Easements, Restrictions and Covenants by and between Chai Developers, Ltd., a Florida limited partnership and Vestmaz, Inc., a Florida corporation and Palm Beach 2000, Inc., a Florida corporation recorded April 27, 2012 in Book 48703, Page 462. b. Provisions of the Plat of HOLLYWOOD PLAZA, recorded October 30, 2013 in Plat Book 181, Pages 12 through 19, inclusive. c. Memorandum of Lease by and between Pollo Operations, Inc., a Florida corporation (Lessee) and Palm Beach 2000, Inc., a Florida corporation and Vestmaz, Inc., a Florida corporation (Lessor) recorded December 14, 2012 in Book 49331, Page 207. d. Security/Lien Agreement Installation of Required Improvements by and between Broward County, a political subdivision of the State of Florida and Palm Beach 2000, Inc., Vestmaz, Inc., and Bostonian, Inc. recorded October 30, 2013 in Book 50295, Page e. Resolution No. 12-DPV-93 of the City of Hollywood Planning and Development Board Considering a Request for Variances, Design and Site Plan Approval, for the Construction of a 40 Acre Shopping Plaza recorded March 5, 2014 in Book 50597, Page f. Tree Mitigation Agreement for "The Place at Hollywood" by and between the City of Hollywood, a Florida municipal corporation and Palm Beach 2000, Inc. and Vestmaz, Inc. recorded March 5, 2014 in Book 50597, Page g. Notice of Commencement recorded March 25, 2014 in Book 50644, Page 641. Page 1 of 5

2 h. Sewer Use Agreement by and between Palm Beach 2000, Inc., a Florida corporation and Vestmaz, Inc., a Florida corporation and Chai Developers, Ltd., a Florida limited partnership recorded April 10, 2014 in Book 50688, Page 396. i. Claim of Lien in favor of Sorrel Enterprises, Inc., d/b/a Sorrel Development recorded August 14, 2014 in Book 51015, Page 635. j. Easements with Covenants and Restrictions Affecting Land by and between Wal-Mart Stores East, LP, Palm Beach 2000, Inc. and Vestmaz, Inc. recorded August 22, 2014 in Book 51033, Page (Note: All of the above matters affect the subject site/leased area.) Page 2 of 5

3 Customer Reference Number: First American File Number: Copies of the Encumbrances/Matters Affecting Title (X ) are () are not included with this Report. NOTE: The following is for informational purposes only and is given without assurance or guarantee: Real Estate Taxes for Tax Parcel Number for tax year 2013 Gross Tax: $ 259, ( X ) Paid ( ) Not Paid. Unpaid Taxes for Prior Years (if none, state "none"): None Map Code: Assessment: Page 3 of 5

4 Customer Reference Number: First American File Number: Certificate "This Report" is a search limited to the Official Records Books as defined in Sections (1) and , Florida Statutes, from Earliest Public Records to September 26, 2014 at 8:00 a.m.. The foregoing Report accurately reflects matters recorded and indexed in the Official Records Books of Broward County, Florida, affecting title to the property described therein. Liability for any incorrect information contained in this Report is limited (1) to the person or entity to whom the Report is directed, and (2) to a maximum of $1, pursuant to Section (3), Florida Statutes. This Report is not an opinion of title, title insurance policy, warranty of title, or any other assurance as to the status of title and shall not be used for the purpose of issuing title insurance. First American Title Insurance Company Larry P. Deal Dated: 11/13/2014 Page 4 of 5

5 Exhibit "A" A PORTION OF PARCEL A, HOLLYWOOD PLAZA, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 181, PAGE 12, OF THE PUBLIC RECORDS OF BROWARD COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SAID PARCEL A; THENCE SOUTH 88 25'59" EAST ALONG THE NORTH LINE OF SAID PARCEL A, ALSO BEING THE SOUTH RIGHT-OF-WAY LINE OF HOLLYWOOD BOULEVARD (STATE ROAD NO. 820) FOR FEET TO THE POINT OF BEGINNING; THENCE SOUTH 02 35'38" EAST FEET TO A POINT OF CURVATURE; THENCE SOUTHERLY AND SOUTHWESTERLY ALONG THE ARC OF A CURVE TO THE RIGHT, HAVING A RADIUS OF FEET, A CENTRAL ANGLE OF 28 37'54", FOR AN ARC DISTANCE OF FEET TO A POINT OF TANGENCY; THENCE SOUTH 26 02'17" WEST FEET TO A POINT OF CURVATURE; THENCE SOUTHWESTERLY AND WESTERLY ALONG THE ARC OF A CURVE TO THE RIGHT, HAVING A RADIUS OF FEET, A CENTRAL ANGLE OF 62 23'42", FOR AN ARC DISTANCE OF FEET TO A POINT OF TANGENCY; THENCE SOUTH 88 25'59" WEST FEET; THENCE NORTH 01 34'05" WEST FEET TO A POINT ON THE SAID NORTH LINE OF PARCEL A AND THE SAID SOUTH RIGHT-OF-WAY LINE; THENCE NORTH 88 25'55" EAST, THIS AND THE FOLLOWING FIVE (5) COURSES BEING ALONG SAID NORTH LINE AND SAID SOUTH RIGHT-OF-WAY LINE, FOR 6.69 FEET; THENCE NORTH 01 35'44" WEST 2.25 FEET; THENCE NORTH 88 25'59" EAST FEET; THENCE SOUTH 47 02'11" EAST FEET; THENCE NORTH 02 35'38" WEST FEET; THENCE NORTH 88 25'59" EAST FEET TO THE POINT OF BEGINNING. Page 5 of 5

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