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10/20/2010 AgreementDANNY L. KOLHA GE CLERK OF THE CIRCUIT COURT DATE: October 29, 2010 TO: Mark Rosch, Executive Director Monroe County Land Authority FROM: Pamela G. Hanc ck, . C. At the October 20, 2010 Board of County Commissioner's meeting, the Board granted approval and authorized execution of an Agreement for Termination of Lot Aggregation Restrictive Covenant between Martha Hernandez and Monroe County dated January 25, 2007. Attached is the original document for your handling. Should you have any questions, please do not hesitate to contact my office. cc: County Attorney Finance File ✓ Prepared By: Larry R. Erskine 1200 Truman Avenue, Suite 207 Key West, Florida 33040 AGREEMENT FOR TERMINATION OF LOT AGGREGATION RESTRICTIVE COVENANT THIS AGREEMENT FOR TERMINATION OF LOT AGGREGATION RESTRICTIVE COVENANT (hereinafter "Agreement') is entered into on the 2Oc- day of CRC , 2010, by and between Martha Hernandez, a single woman (hereinafter "Owner") and the County of Monroe, a political subdivision of the State of Florida (hereinafter "County"). RECITALS WHEREAS, Owner is the sole owner of Block 5, Lots 8 and 39, Harris Ocean Park Estates (PB 4-126) identified by Real Estate Numbers 00448600.000000 and 00448910.000000 (hereinafter "Property"); and, WHEREAS, Owner executed a Lot Aggregation Restrictive Covenant (hereinafter "Covenant") in favor of the County dated January 25, 2007 and recorded in Book 2273, Page 2225 of the Official Records of Monroe County as a condition of receiving building permit 02-03- 4772 to build one single-family residence on the Property; and, WHEREAS, Owner received building permit 02-03-4772 but now finds it preferable to disaggregate said Lots 8 and 39 for sale to separate buyers without any rights to said building permit rather than building the permitted single-family residence; and, WHEREAS, Owner has entered into an agreement to sell Lot 39 to the Monroe County Comprehensive Plan Land Authority with said transaction being contingent upon termination of the Covenant. NOW, THEREFORE, in consideration of the foregoing promises and the mutual covenants set forth in this Agreement, and other good and valuable consideration, "tie receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows.- 1 . The recitals contained herein are true and correct and incorporated herein by reference. 2. Each party hereto warrants that this Agreement and all terms herein are supported by adequate consideration. 3. The County expressly agrees herein to release, cancel, and terminate of record the Covenant effective upon the execution and recording of this Agreement in the Official Records of Monroe County. In consideration of the foregoing, the Owner expressly agrees herein that building permit 02-03-4772 shall be canceled, terminated, and of no further force and Page 1 of 3 effect upon the execution and recording of this Agreement in the Official Records of Monroe County. 4. This Agreement constitutes the entire agreement of the parties and may not be amended or modified, except in writing signed by both parties. 5. This Agreement shall be binding on and inure to the benefit of the parties and their respective successors, assignees and personal representatives and shall run with the land. 6. This Agreement shall be governed in its enforcement, construction and interpretation by the laws of the State of Florida. 7. The unenforceability, for any reason, of any term, condition, covenant or m of this Agreement shall neither limit nor impair the operation, enforceability or validity bier terms, conditions, provisions or covenants of this Agreement. SS WHEREOF, the parties have affixed their hands and seals the date first KOLHAGE, CLERK Title: Deputy Clerk STATE OF FLORIDA COUNTY OF MONROE COUNTY QF4AGLNROE B os Syl a J. Mu r ayor/ hairy M roe Cou Board of County rs On this 214 day of , 2010, before me personally appeared Sylvia J. Murphy, as Mayor/Chairman of the Monroe County Board of County Commissioners, who is personally known to me and who acknowledged execution of the foregoing instrument. _r POCK AMELA COMMISSION NC 9412 A= EXPIRES: February 7, 2012 -,: ��,• 9er,&d Thru Notary PuNic Underwriters Notary Public (Signature) Notary Public (Print Name) Page 2of3 / 011AIIIa /tom,..►,. ��-s= Printed Nam�. .,�- .i% STATE OF FLORIDA COUNTY OF '�&n k ,(4,ejQ On thisd5�?/day of , 2010, before me personally appeared Martha Hernandez, who is personallyS own td me or produced,'L eft aowea a s proof of identification and who acknowledged execution of tlje fo omg i ume,�►(t. �.........JENNIFER .. ..ARTE......� .� av" Com" DD08 Expires T/Z!t01Z wu.••• • •.uuu w AA aI. Notary Public (Print Name) Page 3 of 3