ASSIGNMENT OF DECLARANT'S RIGHTS

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s' RECORDED IN OFFICIAL RECORDS INSTRUMENT # 2016140828 3 PG(S) November 14, 2016 10.47,19 AM KAREN E. RUSHING CLERK OF THE CIRCUIT COURT SARASOTA COUNTY, FL Prepared By and When Recorded Return to: 1 11111111 ME 11I OE 111ff 1111111111 11111 1111 1111 JIll SHUMAKER., Loop & Kendrick,LLP P.O. Box 49948 Sarasota, FL 34230-6948 Phone (941) 364-2765 Attention: Juan C. Villaveces, Esq. ASSIGNMENT OF DECLARANT'S RIGHTS In consideration of the sum of Ten and No/100 Dollars ($10.00) and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned, Placida Development Company, LLC, a Florida limited liability company ("Assignor"), being the Declarant under that certain Declaration of Covenants, Conditions, Easements and Restrictions for Grand Oaks, recorded in Official Records Instrument No. 2013126524, as amended by that certain First Amendment to Declaration of Covenants, Conditions, Easements and Restrictions for Grand Oaks, recorded in Official Records Instrument No. 2014033998, both of the Public Records of Sarasota County, Florida (collectively, the "Declaration"), does hereby assign, transfer and set over unto Grand Oaks Community Association, Inc., a Florida corporation not-for-profit ("Assignee"), its successors and assigns, all of the right, title and interest of Assignor in and to each and every portion of the Assignor's rights contained in the Declaration (collectively, the "Assigned Rights"). Assignee by its acceptance hereof, hereby assumes all obligations of Assignor arising with respect to the Assigned Rights from and after the date hereof. Assignee indemnifies Assignor from any claims applicable to the Assigned Rights with respect to the period from and after the date hereof. [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK] SLK SAR:#385234v2 1

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IN WITNESS WHEREOF, Assig9or and Assignee have executed this Assignment of Declarant's Rights effective as of the day of NOVernia er -, 2016. '1 WITNESSES: Placida Development Company, LLC, a Florida limited liability company By: Sapphire Shores Investments, Inc., a Florida corporation, as its Manager c Jvvtt OL_ Name: <.S.- C&ZA e c1/4 STATE OF FLORIDA COUNTY OF SARASOTA The foregoing instrument was acknowledged before me this ErI4 day of pfe_ryl, 2016, by Steven Brown, as President of Sapphire Shores Investments, Inc., a Florida corporation, as Manager of Placida Development Company, LLC, a Florida limited liability company, on behalf of said corporation and company. l\ otary b 1ic Nme : 4e-r-ky L. My Commission Expires::3 w 6,Oi1 Personally Known Xv_ (OR) Produced Identification Type of identification produced.0 1.3.1: 1:,!*,, *,tt) l'eocre.e" BECKY L. BISIi0P MY COMMISSION t EE 87825 Boode EXPotai IRESautet : JunNeotary 26, 2ser, 0170 SIX SAR:#385234v2 2

WITNESSES: 6 ;gh 1144'4t4s Name: iaro 5.Va.vte4eIr WU iv, Grand Oaks Community Association, Inc., a Florida corporation not-for- srofit By: As Its STATE OF FLORIDA COUNTY OF SARASOTA The foregoing instrument was acknowledged before me this r-2-1 day of ve-r" ac. r, 2016, by -3 (4, on, as Qv-es ; of Grand Oaks Community Association, Inc., a Florid corporation not-for-profit, on behalf of said corporation.,r3 C,. -}-1' ef" EtAg- I4 eft4-34 SLof Notary P Name: ISec.i.4._, ql My Commission ExpWs:Twn I Personally Known > (6R)13roduced Identification Type of identification produced...... " -.;1, J1 - BECKY L. BISHOP MY COMMISSION # EE 67B238 EXPIRES: June 26, 2017 Boncledlbru Budget NOW 5aNicu SLK_SAR:#385234v2 3

rorpm-pomm J DEC 01 2016 go BY: