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Settlement Agreement 11/15/2022 SETTLEMENT AGREEMENT WHEREAS, on July 26,2022,Plaintiff Monroe County Florida("Plaintiff')filed a lawsuit against Defendants The Estate of Armando Sosa, Sr., Armando Sosa, Jr., and Iris Sosa Petvalsky (collectively, "Defendants" and as to the individuals only, "Individual Defendants") for foreclosure of a lien arising from Monroe Code Enforcement Case CE18070107 (hereinafter, the "Lien"), 16th Judicial Circuit Case Number 22-CA-517-K ("Circuit Court Case"), seeking injunctive relief and a money judgment as a result of the Lien; and WHEREAS, the Individual Defendants are the owners of real property located at 5515 5th Avenue, Stock Island, FL, RE 00127140-000000 ("Property"); and WHEREAS, Individual Defendants are currently under contract to sell the Property to a buyer ("Sale"), and currently have a closing date for the transaction of November 30, 2022 ("Closing Date"); and WHEREAS, as of November 4, 2022, fines that have accumulated as a result of fines and costs imposed in the Final Order issued in Code Enforcement Case CE18070107, recorded in the Official Records of Monroe County at Book 3026, Page 2073 total two hundred sixty-five thousand dollars and no cents ($265,800.00) in fines and two thousand nine hundred twenty-two dollars and ninety cents ($2,922.90) in costs, for a total of two hundred sixty-eight thousand seven hundred and ninety-two dollars and ninety cents ($268,792.90) ("Accumulated Fines"); and WHEREAS, it is the desire of Individual Defendants to pay off a negotiated portion of the outstanding fines and costs and to resolve the Circuit Court Case; and WHEREAS, it is in the best interests of the County to accept a discounted amount of the full amount owing, in order to sell the Property to a buyer who has represented that he intends to correct the code violations, rather than leaving the Property in its current state; and Settlement Agreement Monroe County v. Sosa 1 WHEREAS, the County has agreed to accept one hundred thirty-four thousand three hundred ninety-six dollars and forty-five cents ($134,396.45) ("Settlement Amount") from the Individual Defendants in full and complete satisfaction of their liability for the Accumulated Fines, equal to fifty percent(50%) of the Accumulated Fines. NOW THEREFORE, in consideration of mutual promises and other consideration, the Parties agree as follows: 1. At the time of the closing of the sales transaction ("Transaction"),the closing agent shall deduct an amount equal to the Settlement Amount from the proceeds of the sale and pay the Settlement Amount to the Monroe County Board of County Commissioners, FEIN 59-6000749. Said payment may be made in the form of a check or wire transfer, and instructions for the delivery shall be provided by Monroe County prior to the closing date. 2. At time of closing, in exchange for the payment of the Settlement Amount and contemporaneously with delivery of the Settlement Amount,Monroe County shall deliver a release of the Lien releasing the Individual Defendants from any and all further liability for fines or costs arising from the Lien in Code Enforcement Case CE18070107, in a form suitable for recordation. In addition, at the time of closing,Monroe County shall deliver a release of lien releasing Armando Sosa Sr. and Lidia Sosa from any and all further liability for fines or costs arising from the lien imposed in Monroe County Code Enforcement Case CE05020340, in a form suitable for recordation. DEFENDANTS SHALL HAVE SOLE RESPONSIBILITY FOR RECORDATION OF THE RELEASES. 3. Within no later than five (5) calendar days following receipt of the Settlement Amount, Monroe County shall file a notice of voluntary dismissal with prejudice of the above- referenced lawsuit in the Circuit Court Case. Settlement Agreement Monroe County v. Sosa 2 4. Within no later than five (5) calendar days following receipt of the Settlement Amount, Monroe County shall record a release of the Notice of Lis Pendens that was filed in the Circuit Court Case and recorded in the Official Records of Monroe County at Book 3186, Page 382, Document 2385258. 5. The obligations contained in paragraphs (1)-(4) above are conditional upon the closing of the Sale. If, for any reason, the Sale is cancelled and the Transaction does not occur, then the obligations set forth in paragraphs (1)-(4) shall be null and void, and the Parties shall be released from their respective obligations under this Settlement Agreement. 6. If for any reason the Sale is delayed beyond the currently scheduled closing date of November 30, 2022, then the Settlement Amount to be paid to Monroe County shall be increased by one hundred fifty dollars and no cents ($150.00)per day for each day that the closing is delayed up to a total of fourteen (14) calendar days, until time of closing. If the Sale is delayed by more than fourteen (14) days, the delay shall be treated as a cancellation and all obligations contained in paragraphs (1)-(4) shall be null and void. 7. This Settlement Agreement is also conditional upon approval by the Monroe County Board of County Commissioners. If for any reason the settlement is not approved by the Board of County Commissioners,then all obligations of both parties represented in this Settlement Agreement are extinguished. 8. Plaintiff waives all claims that have existed or now exist against Defendants for fines or costs arising from Code Enforcement Case CE18070107, including but not limited to claims for the payment of fines or costs up to the closing date. Defendants waive all claims against the Plaintiff that have existed or now exist arising out of Code Enforcement Case CE18070107. Settlement Agreement Monroe County v. Sosa 3 9. By entering into this Settlement Agreement, the Plaintiff does not waive the right to assert any and all such violations against the buyers in the Transaction. This Settlement Agreement is intended only to stop the liability of the Defendants arising out of the Final Order and underlying code enforcement case. 10. Each party in this matter shall bear its own attorneys' fees and costs. 11. Each person signing this Settlement Agreement indicates that (a) he, she or it has read the Settlement Agreement in its entirety before executing; and(b)the person is authorized to enter into the Agreement. Each party has cooperated in the drafting and preparation of this Agreement, and it shall be construed according to its plain meaning and not for or against any parry. 12. This Settlement Agreement may be executed in any number of counterparts, all of which shall constitute one and the same instrument. This Settlement Agreement may be signed using electronic signatures as well as wet signatures. Date: Plaintiff Monroe County, Florida Digitally signed by Robert B.Shillinger Robert B. Shillinger ou uRobert B Shillinger,o=B in C.0 of Monroe County, ou=CoCounty Attorney,email=Shillinger-bob@monroecounty- y- fl.gov,c=uS By: Date:2022.11.18 08:11:06-05'00' Robert B. Shillinger, County Attorney Settlement Agreement Monroe County v. Sosa 4 [Signatures continued on next page] 5 Date: Defendant Armando Sosa, Jr. ' oM Armando Sosa, Jr. Date: Defendant Iris Sosa Petvalsky -,e/—/Iris Sosa Petvalsky Date: Defendant Estate of Armando Sosa, Sr. � „' ` ;, Iris So �Petvals ky, on behaIP'kyf t e Estate Date: Defendant Estate of Armando Sosa, Sr. � w By: Armando Sosa, Jr., on behalf of Estate Date: Approved as to form and legal sufficiency: r " 00 / � a ,. Marci L. Rose, Esq. Counsel for Defendants Settlement Agreement Monroe County v. Sosa 6