HomeMy WebLinkAboutItem C01 CI
BOARD OF COUNTY COMMISSIONERS
COUNTY of MONROE Mayor James K.Scholl,District 3
The Florida Keys Mayor Pro Tern Michelle Lincoln,District 2
Craig Cates,District 1
David Rice,District 4
Holly Merrill Raschein,District 5
Board of County Commissioners Meeting
February 19, 2025
Agenda Item Number: C 1
2023-2721
BULK ITEM: Yes DEPARTMENT: Social Services
TIME APPROXIMATE: STAFF CONTACT: Sheryl Graham
N/A
AGENDA ITEM WORDING: Approval of the State Housing Initiatives Partnership (SHIP)
Program Rental Monitoring Agreement between Monroe County and Habitat for Humanity of Key
West and the Lower Florida Keys, Inc., for the improvement of affordable rental properties located on
Eisenhower Drive, Key West, Florida; as well as acknowledgement of the SHIP Mortgage and
Promissory Note that secures such rehabilitation (construction) services in the amount of$200,000
(SHIP Program funds) for fifteen (15)years.
ITEM BACKGROUND:
This approval of the SHIP Program Rental Monitoring Agreement between Monroe County and Habitat
for Humanity of Key West and the Lower Florida Keys, Inc. ("Habitat"), for the improvement of
affordable rental properties located on Eisenhower Drive, Key West, Florida, and the acknowledgement
of the SHIP Mortgage and Promissory Note are the final steps required by the County's Local Housing
Assistance Plan (LHAP) to issue payment pursuant to the award/eligibility determination and
previously approved LURA for this property. After approval of these final legal documents, Habitat will
receive $200,000 for rehabilitation of the affordable housing units at this location. The rehabilitation
work will be on a"per unit rehabilitation"basis that will operate as a drawn down balance
(reimbursement-based) of$200,000 for rehabilitation of all twelve (12)units on the property, with the
rehabilitation dollars spent on a first-unit-come, first-unit-served basis.
This SHIP Activity furthers the County's Affordable Rental/Construction Rehabilitation Strategy within
its LHAP.
PREVIOUS RELEVANT BOCC ACTION:
Approval of Eisenhower Land Use Restriction Agreement (LURA)by BOCC on 5/19/2021
INSURANCE REQUIRED:
Yes
CONTRACT/AGREEMENT CHANGES:
GPJ 2.4.25: COI with General Liability and Builder's Risk for some covered locations provided and
24
uploaded. As per eml to SG, Risk approval subject to submission of C01 with Auto and WC coverage
before BOCC meeting; submission of proof of BR coverage to Social Services for all non-listed
locations subject to new construction during term of agreement
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
HfH K WLK Rental Monitoring Agreement(Eisenhower Properties)_Partially Executed.pdf
HfH K WLK Leasehold Mortg & Promissory Note (Eisenhower Properties).pdf
K ristina Welburn—Authorized Signatory.pdf
Eisenhower Back-up.pdf
Eisenhower Insurance.pdf
FINANCIAL IMPACT:
N/A
25
STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM
EISENHOWER RENTAL MONITORING AGREEMENT
BETWEEN
MONROE COUNTY
AND
HABITAT FOR HUMANITY OF KEY WEST AND LOWER FLORIDA KEYS, INC.
This State Eisenhower Property (hereinafterv"Agreement")lis made this rare Rental No, ito„ring Agreement for the
Housing P ( )
y y r Florida Keys,and between the Habitat for Humanity of Key West and Lowe day of °°°° �'°° 2025, by
�. ,
y , Inc., a Florida Not for Profit
Corporation, whose principal address is 471 Overseas Hwy, Ste. 102, Key West, FL 33040 (hereinafter
referred to as"Owner"), and Monroe County, a political subdivision of the State of Florida,whose principal
address is 1100 Simonton Street, Key West, Florida 33040 (hereinafter referred to as "County").
RECITALS
WHEREAS, Owner holds a 99-year Leasehold interest in the residential units and land located
on the island of Key West generally situated at the corner of Pearl Street and Eisenhower Drive, Key
West, FL 33040, identified by Parcel ID: 00023300-000000, and.more specifically described in "Exhibit
A," attached hereto and made apart hereof(hereinafter"Property"); and
WHEREAS, County is a recipient of SHIP funds pursuant to Chapter 420, Florida Statutes, and
specifically Section 420.907 et seq., and the associated administrative rules under Chapter 67, Florida
Administrative Code (hereinafter referred to collectively as the "SHIP Rules and Regulations"); and
WHEREAS, on May 19, 2021, the parties entered into the Land Use Restriction Agreement
(LURA) recorded in the Monroe County Official Records Books in Book 3194 at Page 1442, to loan a
portion of its SHIP program funds to Owner for purposes of affordable rental rehabilitation activities for
twelve (12) units upon the Property; and
WHEREAS, the relevant street addresses for the units upon the Property are as follows:
716 Eisenhower Dr., Unit 101, Key West, FL 33040
716 Eisenhower Dr., Unit 102, Key West, FL 33040
716 Eisenhower Dr., Unit 103, Key West, FL 33040
716 Eisenhower Dr., Unit 104, Key West, FL 33040
716 Eisenhower Dr., Unit 105, Key West, FL 33040
712 Eisenhower Dr., Key West, FL 33040
714 Eisenhower Dr., Key West, FL 33040
703 Pearl Street, Key West, FL 33040
705 Pearl Street, Key West, FL 33040
707 Pearl Street, Key West, FL 33040
709 Pearl Street, Key West, FL 33040
709 Pearl Street, Unit 201, Key West, FL 33040; and
WHEREAS, in exchange for the County providing SHIP funds in the amount of up to forty
thousand dollars ($40,000.00) per unit, with a ceiling expenditure (i.e. award) of two hundred thousand
dollars and zero cents ($200,000.00) for improvement of the residential units on Property, Owner
executed a leasehold mortgage and promissory note, and this SHIP Rental Monitoring Agreement, with
express promises and conditions among such include the annual certification that each tenant be a very-
low or low income tenant; and
WHEREAS, the parties have agreed to a "per unit rehabilitation" arrangement that is designed to
drawn down the balance of two hundred thousand dollars and zero cents ($200,000.00) on a
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reimbursement basis for potentially all twelve (12)units on the Property, with funding spent on a first-unit-
come, first-unit-served basis; and
WHEREAS, the parties adopt all provisions in the above referenced documents, and desire to set
forth additional requirements as stated herein.
Now therefore, in exchange for good and sufficient consideration, the parties hereby agree to the
following terms and conditions:
1. Recitals. The parties hereby adopt the above recitals as true and incorporate them herein.
2. Contract Documents. The contract documents consist of this Agreement between the parties, the
LURA between the parties, and SHIP Leasehold Mortgage and Promissory Note executed by Owner.
The contract documents must be construed together; however, in the event of a conflict between the
aforementioned documents, this Agreement will control, followed by the Promissory Note, SHIP
Leasehold Mortgage, and then the LURA, in that order.
3. Incorporated Laws. The Owner agrees to comply with all SHIP Rules and Regulations, as well as
local laws, regulations, and policies adopted the County, including but not limited to its Local Housing
Assistance Plan (the "LHAP"), adopted in accordance with Rule Chapter 67-37, Florida Administrative
Code, as a part of the State Housing Initiatives Partnership ("SHIP") Program, which contains an
Affordable Rental Construction/Rehabilitation Strategy to provide funding for the construction or purchase
of new construction housing, or purchase of existing housing and the rehabilitation of, or additions to,
existing housing, used for affordable rental housing as referred to in Section 420.9071, Fla. Stat., as
amended from time to time.
4. Affordable Units. The Owner plans to rehabilitate and operate affordable rental units that provide
housing to clients that meet SHIP income eligibility requirements. Owner will utilize SHIP funds on a
reimbursement basis for the rehabilitation of twelve (12) affordable rental units located on the island of
Key West in Monroe County, Florida, as specifically described in "Exhibit A," attached hereto and
incorporated herein. One hundred percent (100%) of the twelve (12) housing units must be set aside for
occupants who upon initial occupancy are clients who also have annual gross incomes equal to or below
eighty percent (80%) for the Monroe County, Metropolitan Statistical Area (MSA), as determined by the
U.S. Department of Housing and Urban Development (HUD) on an annual basis. The income
requirements are required to remain in place for the entire fifteen (15) year period. The fifteen (15)year
period begins on February 19, 2025.
5. SHIP Funds. The total amount of SHIP funds to be expended will be TWO HUNDRED
THOUSAND DOLLARS AND ZERO CENTS ($200,000.00). This amount shall be divided on a first-unit-
come, first-unit-served basis between the twelve (12) units, with no more than Forty Thousand Dollars
and Zero Cents ($40,000.00) expended on a single unit standing alone. The funds shall be provided to
the Owner on a reimbursement basis for said rehabilitation/construction work of the twelve(12) affordable
rental units. Owner must submit to the County invoices with supporting documentation that are
acceptable to the Monroe County. Acceptability is based upon generally accepted accounting principles
and such laws, rules and regulations as may govern the disbursal of funds in Monroe County.
6. Relationship. Nothing contained in this Agreement shall be deemed or construed as creating any
other business relationship, partnership or joint venture between Owner and Monroe County Board of
County Commissioners/Monroe County and/or the Monroe County SHIP Program.
7. Manner of Performance; Warranties and Representations. Owner shall do, perform, and carry
out in a professional and proper manner the requirements set forth in the contract documents. Owner
shall properly supervise and direct completion of construction or rehabilitation measures and manage the
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Property for the benefit of eligible tenants in all units assigned under this Agreement. Owner is solely
responsible for initiating, maintaining, and supervising all safety precautions and programs in connection
with the Property and complying with all applicable laws, ordinances, rules, regulations. Owner shall take
all reasonable precautions for the safety of, and shall provide all reasonable protection to prevent
damage, injury, or loss to (1) all tenants and employees on the Property and other affected persons, (2)
all work, maintenance, and materials and equipment located upon the Property, and (3) other personal
property kept or stored upon the Property.
8. Payment and Terms of Assistance. The parties agree that this SHIP assistance is provided as a
forgivable loan with a term of fifteen (15) years in accordance this Agreement, the SHIP Leasehold
Mortgage, and Promissory Note. Should the Owner comply in all respects herewith, the loan shall be
forgiven after the date of maturity. If Owner offers the rental housing for sale (of its leasehold interest
held in the Property) before the fifteen (15)year period expires, Owner must give a right of first refusal to
eligible nonprofit organizations for purchase at the current market value for continued occupancy by
eligible persons (as used herein "eligible persons" means "Low-income person," "Very-low-income
person," as those terms are defined in Section 420.9071, Flat. Stat., as may be amended from time to
time.
9. Material Understandings; Compliance Monitoring. The parties agree that the following is a
material breach of this Agreement: 1) use of the Property for any purpose other than as a multi-family
residence for "Low-income person," "Very-low-income person," as those terms are defined in Section
420.9071, "Definitions," Fla. Stat., and in accordance with the Monroe County adopted LHAP
requirements; 2)the unauthorized sale or other unauthorized transfer of any kind or nature of the Property
or any part thereof; or 3) the existence of an Event of Default under the SHIP Mortgage secured by the
Promissory Note. Owner shall determine and verify the income eligibility of tenants in accordance with
HUD Section 8 housing assistance programs in 24 CFR Part 5 for this Property. Income shall be
calculated by annualizing verified sources of income for the household as the amount of income to be
received by a household, during the 12-months following the effective date of the determination. The
"annual gross income," as defined in Section 420.9071, Fla. Stat., must be used, and the annual SHIP
Program income limits cannot be exceeded. The Owner must maintain complete and accurate income
records pertaining to each tenant occupying a SHIP assisted unit. All funds shall be expended in
accordance with the SHIP program guidelines. The names and demographics of the SHIP assisted
tenant(s) must be provided to the Monroe County SHIP Program Administrator, including annual income,
number of household members, and age and race of the head of household. In addition, to comply with
SHIP Rules and Regulations, including but not limited to Sections 420.907-420.9079, Fla. Stat., and
Chapter 67-37, F.A.C., all projects must conform to the requirements of 24 CFR Part 5, "General HUD
Program Requirements; Waivers," as amended from time to time, including but not limited to income
limits, annual income, rent, and examinations for Public Housing and Section 8 Programs. In particular,
Owner must ensure compliance with: a. Income limits; b. Definition of Affordability; c. Maximum Rent;
and d. Non-discrimination. Owner acknowledges and agrees to stay updated on income qualification
training by completing re-training at least once every three(3)years. Owner, or any authorized successor,
must remain in contact with the Monroe County SHIP Program Administrator during the fifteen (15)-year
SHIP affordability period and hereby accepts its affirmative obligation to report any changes in tenancies
within thirty (30) days of any change. Once annually, and prior to June 30 of each calendar year, Monroe
County SHIP Program Administrator or designee will conduct a monitoring visit to review income
compliance and affordability of rent/housing costs, pursuant to and in accordance with Section 420.9075,
Fla. Stat., as well as complete an inspection of the physical condition of the SHIP-assisted units upon the
Property. No less than thirty (30) days before the scheduled monitoring visit, the Owner will provide the
following to Monroe County:
a. A completed annual re-certification of income eligibility for each SHIP-assisted rental unit
using a residential income certification form and including required verification of
household income and assets;
b. Proof of Affordability of Units; and
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c. Certificate of Insurance naming Monroe County as additional insured, as further required
herein.
10. Confidentiality of Client Information. Owner agrees to keep confidential all client information
which is confidential and exempt pursuant to the requirements of relevant Florida public records laws, as
amended from time to time; and specifically, as required by Section 119.071(5)(f), Fla. Stat., as same
may be amended from time to time.
11. Standards for Owner & Subcontractors. Owner shall not enter into any agreement with any
contractor or subcontractor who has been debarred from performing work by any agency of the United
States Government or by the State of Florida. Owner certifies that it will comply with all obligations of and
not employ any subcontractors in violation of: Section 448.095, Fla. Stat., regarding the State's E-Verify
requirements; Section 287.137, Fla. Stat., regarding the State's antitrust violator vendor list; Section
287.133(2)(a), Fla. Stat., regarding the State's Convicted Vendor List; Section 287.134(1)(a), Fla. Stat.,
regarding the State's Discriminatory Vendor List; Section 286.101, Fla. Stat., regarding the State's foreign
gifts and contracts; Sections 287.135, 215.473, and 287.138, Fla. Stat., regarding the State's Scrutinized
Companies and Countries of Concern listings; Section 787.06, Fla. Stat., regarding the State's
noncoercive conduct for labor or services; Section 287.087, Fla. Stat., regarding Drug-Free Workplace;
Section 2-347(I), Monroe County Code, regarding the County's Suspended Vendor List. Owner shall be
fully responsible for the acts or omissions of any contractors, subcontractors, agents, and persons either
directly or indirectly employed by them. At no time shall any contract or agreement between Owner and
any contractor be construed as a relationship, formal or informal, between said contractor and County.
12. Indemnification; Sovereign Immunity. Owner agrees to be solely responsible, and shall release
and hold harmless the County, its elected officials, officers, directors, and employees for any and all
claims brought against either Owner or County, and expressly agrees to indemnify the County for
liabilities of any nature and costs incurred by County as a result of actions or omissions by the Owner or
its agents. Notwithstanding anything contained herein, nothing in this SHIP Rental Monitoring Agreement
shall be deemed or construed as a waiver of any privilege, defense, immunity, or other protection which
is available to the County under the doctrine of sovereign immunity, or the limitations of liability contained
in Section 768.28, Fla. Stat., as may be amended from time to time. This section will survive the
termination of this Agreement.
13. Insurance. The Owner shall obtain insurance as specified, and always maintain the required
insurance while this Agreement is in effect. The coverage provided herein shall be provided by an insurer
with an A.M. Best rating of VI or better, that is licensed to do business in the State of Florida and that has
an agent for service of process within the State of Florida. The coverage shall contain an endorsement
providing sixty (60) days' written notice to the County prior to any cancellation of said coverage. Said
coverage shall be written by an insurer acceptable to the County and shall be in a form acceptable to the
County. Owner shall obtain and maintain the following policies:
a. Workers'Compensation insurance as required by the State of Florida, sufficient to respond
to Chapter 440, Fla. Stat. Employers Liability Insurance with limits of $1,000,000 per
Accident, $1,000,000 Disease, $1,000,000 Disease each employee.
b. Comprehensive Business Automobile and Vehicle Liability Insurance with limits of
$200,000 per person; $300,000 per occurrence; $200,000 Property Damage or$300,000
Combined Single Limit.
c. Commercial General Liability Insurance with limits of$1,000,000 Combined Single Limit
d. Builders Risk Liability Insurance with Full Replacement Value of the Completed Project
(to wit: 12 units upon the Property).
An Occurrence Form policy is preferred. If coverage is changed to or provided on a Claims Made policy,
its provisions should include coverage for claims filed on or after the effective date of this Agreement. In
addition, the period for which claims may be reported must extend for a minimum of 48 months following
the termination or expiration of this Agreement. County shall be named as an additional insured with
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respect to Comprehensive Business Automobile and Vehicle Liability Insurance, and Commercial
General Liability Insurance. Owner shall require contractors and subcontractors to be adequately insured
at least to the limits prescribed above, and to any increased limits of Owner or require additional coverage
if so required by County's Risk Manager during the term of this Agreement. County will not pay for
increased limits of insurance. Owner shall provide to the County certificates of insurance or a copy of all
insurance policies including those naming the County as an additional insured. The County reserves the
right to require a certified copy of such policies upon request. If the Owner participates in a self-insurance
fund, a Certificate of Insurance will be required. In addition, the Owner may be required to submit updated
financial statements from the fund upon request from the County.
14. Nondiscrimination. The Owner and County agree that there will be no discrimination against any
person, and it is expressly understood that upon a determination by a court of competent jurisdiction that
discrimination has occurred, this Agreement automatically terminates without any further action on the
part of any party, effective the date of the court order. Owner agrees to comply with all Federal and
Florida statutes, and all local ordinances, as applicable, relating to nondiscrimination. These include but
are not limited to: 1) Title VII of the Civil Rights Act of 1964 (PL 88-352) which prohibits discrimination in
employment on the basis of race, color, religion, sex or national origin; 2) Title IX of the Education
Amendment of 1972, as amended (20 USC ss. 1681-1683, and 1685-1686), which prohibits
discrimination on the basis of sex; 3) Section 504 of the Rehabilitation Act of 1973, as amended (20 USC
s. 794), which prohibits discrimination on the basis of disability; 4) The Age Discrimination Act of 1975,
as amended (42 USC ss. 6101-6107) which prohibits discrimination on the basis of age; 5) The Drug
Abuse Office and Treatment Act of 1972 (PL 92-255), as amended, relating to nondiscrimination on the
basis of drug abuse; 6) The Comprehensive Alcohol Abuse and Alcoholism Prevention, Treatment and
Rehabilitation Act of 1970 (PL 91-616), as amended, relating to nondiscrimination on the basis of alcohol
abuse or alcoholism; 7) The Public Health Service Act of 1912, ss. 523 and 527 (42 USC ss. 690dd-3
and 290ee-3), as amended, relating to confidentiality of alcohol and drug abuse patient records; 8) Title
VIII of the Civil Rights Act of 1968 (42 USC s. 3601 et seq.), as amended, relating to nondiscrimination
in the sale, rental or financing of housing; 9) The Americans with Disabilities Act of 1990 (42 USC s.
12101 Note), as may be amended from time to time, relating to nondiscrimination on the basis of
disability; 10) Monroe County Code Chapter 14, Article ll, which prohibits discrimination on the basis of
race, color, sex, religion, national origin, ancestry, sexual orientation, gender identity or expression,
familial status or age; 11) The Pregnant Workers Fairness Act (PWFA) pursuant to 42 U.S.C. 2000gg et
seq.; and 12)Any other nondiscrimination provisions in any Federal or state statutes which may apply to
the parties to, or the subject matter of, this Agreement.
15. Florida Public Records Law. County is a public agency subject to Chapter 119, Florida Statutes,
as amended from time to time. To the extent Owner is acting on behalf of the County pursuant to Section
119.0701, Florida Statutes, as amended from time to time, Owner must comply with all public records
laws in accordance with Chapter 119, Florida Statutes. In accordance with state law, Owner agrees to:
a. Keep and maintain all records that ordinarily and necessarily would be required by the
County in order to perform the services.
b. Upon request from the County's custodian of public records, provide the County with a
copy of the requested records or allow the records to be inspected or copies within a
reasonable time at a cost that does not exceed the costs provided in Chapter 119, Florida
Statutes, or as otherwise provided by law.
c. Ensure that public records that are exempt, or confidential and exempt, from public
records disclosure are not disclosed except as authorized by law for the duration of the
Agreement term and following completion of the Agreement if the Owner does not transfer
the records to the County.
d. Upon completion of the services within this Agreement, at no cost, either transfer to the
County all public records in possession of the Owner or keep and maintain public records
required by the County to perform the services. If the Owner transfers all public records to
the County upon completion of the services, the Owner must destroy any duplicate public
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records -tlh t are exempt, or coinfidentiall and exempt, -ffrom public records disclosure
requirements. If the Owner keeps and irnaint inns Ipuubpic records upon completion n of the
services, -the Owner must mneet all applicable req upr m ents -ff r retaining Ipulblliic records.
All records stored electronically irnust be provided 'to the ouurnty„ uulpoin request from tlh
aurnty„s custodian of public records„ in a format -that is compatible Mththe iinfor ti in
technology systems of the County.
uF "'n i III OWIMIER IIHAS QuiiEs nONS 11REGAIRMING IFI I II II 111 ICA11711014 III
C11HA11RTI:..:.R 119, IFLOIR1111DA vwu rIES, TO HE 0WIMIEWS Du rY TO PROVIDE
III
IPU1I:.311L.1C RECORDSII IIl..... "'11F11lllMG Iro rHI II II .E T, cam rAc"'r "'rIIHII
COUN"'ry,s CUS 11FODIIAIM OF PUB11 11C IRECOIRDS AT PHONE 1140. 305,
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" T III OFFICE, 1i 11 12"'rIIHSTRIDE"'II�", rrE , III WI EST, U�III,,,, � .
If Owner does not comply with this section, the County will enforce the Agreement ent prWsiioins in
accordance herewith and may uinpp t r ply can cell this Agreement in accordance with state law.,
15. Right to Audit. Availability of Records., The records of-the parties toy this Agreement relating to
-the Project, which slhsii include but not Ibe pirn t d to accounting records (hard copy„ as well as computer
readable data if it can be made sv ill bi ; subcontract files (iirnclluudirng proposals of successful l rnd
unsuccessful ssfull bidders, bid recaps„ bidding instructions, bidders list, etc.); original estimates; s-dirn^n tiirng
work sheets-, orir spoind inc ; change order fill es (iun lluudiing documentation covering negotiated
settlements); back charge logs and suulppo irtiiing documentation; g in r 11 ledger entries detailing cash and
tirade discounts earned„ insurance rebates and dividends; any otheir sup p rtiing evidence deemed
necessary by County or the IMoniroe County Office of -the CIleirk of Court and Comptroller (hereinafter
referred to as"County Ileirlk„„)to substantiate chairges related to this agreement, and alll other agreements,
sources of information wind m tt rs tlh t may iin°n ouuinty's our the ouuntyClerk's reasonable judgment have
any bearing oin or pertain to any mn tt rs„ rights, duutii s or bllig tiiopins under or covered by any contract
document ( Ill t' it g6ing Ih r iinstter referred -to as "Records") shall be open -toy !!inspection and subject to
auditand/or it 1produu ti in by ouurnty„s representative and/or agents our -the County Clerk. County or
County Clerk may also conduct v iriifiic Lions such as, but inot limited -to , counting ntirng employees atthe.job
site, witinessing the 6stiribuutiiosin of payroll, verifying payroll computations, overhead oirnpuutstiourns„
observing vendor and supplier payments, rriipscellaneous allocations, slpeciW charges, verifying
irnforimaborn and amounts tlhirouuglh interviews and written con,ffiirrrn tiionns with employees, contractors,
subcontractors, suppliers, and Owner(s) repiresentatilves. Owneir.agirees to keep alll records ffor ten (10)
years after coincluusioin of -the fifteen (15) year t irirmn.. "rhe County C11erk (possesses -the independent
authority to conduct an audit of Records, assets„ and activilties hell thing to this Pr Ject.. If any auditor
employed by the IMonroe County or County Cleirlkdeterrniinesthat monies paid toy Owner Ipuuirsuu int to this
Agreement were spent-ffor purposes not authorized by this Agreement or weir weire wir rngtuufly retained by the
Owner, the Owner shall repay the monies together itlh Tint it st calculated Ipuuirsu int to Section 55..03,
Fla. Stat., ruuniniiing from tlhe date the m oN s were (paid to Owner., "T this right Lou auu6t provision survives the
'term i inatio in of expirafion of-this Agreement.
ent..
17. Dsagr ements and Disputes.s. Ilin the event-that either Owner or County commence nc an a thou -ffor
damages, Miunctive ruff„ oar toy einforce the provisions of this Agreement, and elther(party prevails in any
such action, -the Ipir vai irng party shall The intiitll d to an awaird of its reasonable attorneys' -ff s and all
costs iin uuirrad in connectionthereWth as d teirmrniiin d by-the court in any such action.
18.. Governing Il....a ; Venue.. The parties hereby agree that-the Drolly (laws that apply-toy-this Agreement
are -those of-the State of Ro dda and United States of Amnedca.. "rhe (parties waive the privilllege of venue
and agree -that adll litigation bet een tlh rrn in the state courts M111 -take placeexclusively in the Sixteenth
Judicial Circuit iin and for Monroe e ouuinty„ Florida, and that all litigation between-them in the federal courts
will talke (place exclusively in -the United States District Court in and-ffor-the Southern Dstrict of IFio dda„ or
United States Bankruptcy Courtfor the Southern Ustriict of Florida, wheinever alppHcabp ..
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1 O.Assignment. 'This gr m nt nrn y not be assugined without 1prl r written consent of (both parties
executed in equal formally as -this Agreement. 'TIN Agreement willIb binding upon and will inure -to the
Ib n fit of h party" uthori d uucc r an assigns.
20. Notices.. Any notice required r p rirmnirtt d under -this agreement shall The in writing and hand
delivered r m iill d, (postage prepaid, to the other Ip irty by certified mall, returned receipt requested, to
-the ffoOowr ing:
'T tine County: Munroe County. drxnunutirtr
1100 Simon-Lon Street„ Room mn 220
Key West, (Florida 33040
Copy to: Monroe County Attorney
1111 12t1hm Street, S u ite 408
Key West, Floirtda 33040
Copy-t : (Monroe County Social Services I p rtrn nt/ H1F'Administrator
1100 Simonton Street„ Room 2-2 7
Ivey West, Florida 33040
To the O win r° habitat for Humanity of Key West avid Lower IFlorida (bays, Inc.
/o Execufive Director
71 Overseas ley, Ste. 102
Illy West, Florida33040
21.. Other Forms. Owineir agrees -to complete or mandate the completion of such forims as County
deems inecessary urn furtherance furtheraince of its grant award from -the state.. 'The forms may include, but are not
liirmnit d to: SHIP Authorization for the Release of Information Form; SHIP Resident Income rtiffiicati n,
Special Needs or Disabling Coindftion rtiifucatii n; etc.
2.. Merger; Amendment. 'This Agreement constitutes the entire Agreement between the Owner and
the County, and negofiations and oral uund r taindung between -the parties are merged fn it un.. 'Thus
Agreement can Iba auupplam nt d and/or amended only Iby a written document executed by both the
Owner and authorized designees of-the County.,
23.. Interpretation. 'The titles and headings contained In -this Agreement are -for reference purposes
only and will in t in any way affect the meaning or interpretation of-this Agreement. Afl personal (pronouns
used in this Agreement include the other gender, and the singular includes the (plural, and vice versa,
unless thecoin-text otherwise requires. 'berms such a `¢Ihnereun" re-fertothis Agreement as a whole and
not to any particular sentence, paragraph, or sec-floin where they appear, unless the context otherwise
requires.. Whenever reference is rmnade to a section or airficle off this Agreement, such reference is t tine
section or article as a whole, including alll subsections thereof, unless the reference is made to a particular
subsection or subparagiraph of such section or article. Any reference -tan "days" means calendar days,
unless otherwise expressly stated..
24.. Joint Preparation. It is ackinowledgedthat each party t -this Agreement had the opportunity to
Ibe represented by counsel urn the Iprepairatiion of-this Agreement and accordfinglythe rule that a contract
will be uinterpreted strictly against the party preparing sarxme dues in t apply herein due to the joint
cointriibuti ns of both parties.
2 .. everabilliityw Waiver of Pr vosuoins. Any (provision in this Agreement -that is prohibited or
unenforceaNe in any.juirisdJction will1l, as t -th t jurisdiction, be uineffecfive to the extent of such prohibition
r unenfor eabiiluty without uinvaludatuing tine remaining (provisions hereof or affecting time validity or
enff rcealbulaty of such provisions in any other juirisdu tiion. The non-enforcement of any proviisuoin by anther
party vwilli in t constitute a waiver of that provision nor will it affect the enforceability of that provision or of
the remainder of this Agireement4
7of12
32
6.. Sigii-mtory Autl'widtyv Countelrlpallts and Multiple Originals. Upoln request, the Owner must plroviide
the County with colpiies of ireauisiite doculmermll,atlon eviidelncilling t.1hat the signatory folr Owner Il'nas Il:lhe
authority to enter ilnto this Agreelment. This Agreement may be executed in rnulltiilple odgillnais, and may
The executed in counterpalrts, each of whiich is I°aelrelby deean"ved to be aln original, but aH of wlhiich, taken
togethelr, constitutes one and t[ie salve aglreelrnnent..
IIIN WITINIESS WHEREOF, County and Owner Ihave executed this Agreement as of the date first
wri-tten above..
IBOARID OF COUNTY C01MIMSSIONIERS,
IF M ONIROIE COUNTY, FLORIDA
ly
(Sealy Mayor James Scholli
Attest.,. IKoviln IMadolk, Clerk
As Depll,ity Clerk Approved as to Ilegall form & sufficiency:
Thomas H. Coultne Digitally signed by Thomas H.Coudney
Date:2025.02.0514:09:59-05'00'
Eve III. Lewis, Assistant Coulnty Attorney
INIEIR 114A113111TA"'Ir F I ,,H AINIUTY F IKEY E "'r
N IL R",FIL O ID IKIEYSy IIIIN�"
Si nature
STATE OF FLORIDA e
II (PrintT p Name),,
or r>rn yq „
COUNTY OF
°�� day of a as acknowledged yy �� asp nline notarization,
this � �� b eforeme b� means a �f l `physical presence e „4 of
e e oin instrument wnce or❑ o
HABITAT FOR HUMANITY OF KEY WEST AND LOWER'FLORIDA KEYS INC., Florida Non-Profit Cr orporation, who,,is
on„all to me or who has produced as identification.
[Notary S- Ikt, YFUP�.{ GREGORY S. OROPEZA
s+: •:. Notary Publlc-State of Florida °1° ""�"•
5 =
: J Commission n HH 278836
j. P#
....... �...�. .........w...,.w .v.�,�.-min..
•••oP° My Comm.Expires 07/01/2026
OF Ft
Print Name:
Notary Public
Commission Number:
Commission Expires: wwwww�n � ��IT m
8of12
33
"EXHIBIT A"
Legal Description:
Parcel A: (Entire Parcel)
All of Lot 2 and Part of Lot 1 of Square 1 of Tract 7,all according to Albury's Subdivision of part of Tract 7, according
to the Plat thereof, recorded in Deed Book "I", Page 389, in the Public Records of Monroe County, Florida, and
being more particularly described as follows: BEGINNING at the Southwesterly Right of Way Line of Eisenhower
Drive as existing and constructed and the Northwesterly Right of Way Line of Newton Street; thence N 44°45'07"
W along the said Southwesterly Right of Way Line of Eisenhower Drive for 98.90 feet; thence S 44°58'00" W
(Southwest) for 179.48 feet to the Northwesterly (Northeasterly) Right of Way Line of Pearl Street; thence S
41°21'17" E along the said Northeasterly Right of Way Line of Pearl Street for 99.00 feet to the said Northwesterly
Right of Way Line of Newton Street;thence N 44°59'53"E along the said Northwesterly Right of Way Line of Newton
Street for 185.35 feet to the said Southwesterly Right of Way Line of Eisenhower Drive and the Point of Beginning.
LESS:
Parcel B:
A parcel of land on the Island of Key West, known as part of Lot 1 of Square 1, Tract 7, according to Albury's
Subdivision of part of Tract 7, as recorded in Deed Book "I", Page 389, in the Public Records of Monroe County,
Florida, said parcel being more particularly described as follows: COMMENCE at the intersection of the
Northeasterly right of way line of Pearl Street and the Northwesterly right of way line of Newton Street and run
thence N 41°27'42"W along the Northeasterly right of way line of the said Pearl Street for a distance of 99.00 feet
to the Northwesterly corner of lands described in Official Record Book 1045, at Page 2485, as recorded in the Public
Records of Monroe County, Florida; thence N 44°58'00" E and along the Northwesterly boundary line of the said
lands described in Official Record Book 1045, at Page 2485 for a distance of 57.50 feet to the Point of Beginning;
thence continue N 44058'00" E and along the Northwesterly boundary line of the said lands as described in Official
Record Book 1045, at Page 2485 for a distance of 92.50 feet to the Southwesterly right of way line of Salt Pond
Road as platted and shown in the said diagram as recorded in Deed Book "I", Page 389; thence S 41*27'42" E
along the Southwesterly right of way line of Salt Pond Road as platted and shown in the said diagram for a distance
of 2.81 feet; thence S 44058'00" W for a distance of 92.33 feet; thence N 45002'00" W for a distance of 2.80 feet
back to the Point of Beginning.
TOGETHER WITH:
Parcel C: (Area to be given with 716 Eisenhower):
A parcel of land on the Island of Key West, known as part of Lot 1 of Square 1, Tract 7, according to Albury's
Subdivision of part of Tract 7, as recorded in Deed Book "I", Page 389, in the Public Records of Monroe County,
Florida, said parcel being more particularly described as follows: COMMENCE at the intersection of the
Northeasterly right of way line of Pearl Street and the Northwesterly right of way line of Newton Street and run
thence N 41°27'42"W along the Northeasterly right of way line of the said Pearl Street for a distance of 93.63 feet
to the Southwesterly corner of lands described in Official Record Book 379, at Page 728, as recorded in the Public
Records of Monroe County, Florida, said point also being the Point of Beginning; thence continue N 41o27'42" W
along the Northeasterly right of way line of said Pearl Street for a distance of 5.37 feet to the Northwesterly corner
of lands described in Official Record Book 1045, at Page 2485, of the said Public Records; thence N 44°58'00" E
and along the Northwesterly boundary line of the said lands described in Official Record Book 1045, at Page 2485
for a distance of 57.50 feet; thence S 45°02'00" E for a distance of 2.80 feet; thence N 44058'00" E for a distance
of 92.33 feet to the Southwesterly right of way line of Salt Pond Road as platted and shown in the said diagram as
recorded in Deed Book"I", Page 389; thence N 41°27'42"W along the Southwesterly right of way line of said Salt
Pond Road as platted and shown in the said diagram, for a distance of 2.81 feet to the Southeasterly corner of the
said lands described in Official Record Book 379, at Page 728; thence S 44"56'50" W and along the said
Southeasterly boundary line of said lands described in Official record Book 379, at Page 728 for a distance of
150.00 feet back to the Point of Beginning.
[LEGAL DESCRIPTION CONTINUES ONTO NEXT PAGE]
9of12
34
LESS:
Parcel D: (Area between Platted R/W and Existing R/W):
A parcel of land on the Island of Key West, known as part of Lot 1 &Lot 2,of Square 1,Tract 7,according to Albury's
Subdivision of Part of Tract 7, as recorded in Deed Book"I", Page 239; in the Public Records of Monroe County,
Florida, said parcel being more particularly described as follows: Commence at the intersection of the Northeasterly
Right of Way Line of Pearl Street and the Northwesterly Right of Way Line of Newton Street; thence N 44°59'53" E
along the said Northwesterly Right-of-Way Line of Newton Street for 150.09 feet to the platted Right-of-Way Line
of Eisenhower Drive and the Point of Beginning; thence continue N 44*59'53" E along the said Northwesterly Right-
of-Way Line of Newton Street for 35.26 feet to the Southwesterly Right-of-Way line of Eisenhower Drive as existing
and constructed; thence N 44045'07" W along the said Southwesterly Right-of-Way Line of Eisenhower Drive as
existing and constructed for 98.90 feet; then S 44058'00" W for 29.48 feet to the platted Right-of-Way Line of
Eisenhower Drive;thence N 41°24'22" E along the said platted Right-of-Way line of Eisenhower Drive for 99.02 feet
to the said Northwesterly Right-of-Way line of Newton Street and the Point of Beginning.
TOGETHER WITH AN EASEMENT OVER THE FOLLOWING PARCELS AS SET FORTH IN OFFICIAL RECORD
BOOK 2526, PAGE 884 OF THE OFFICIAL RECORDS OF MONROE COUNTY, FLORIDA.
Parcel D: (Area between Platted R/W and Existing RW:
A parcel of land on the Island of Key West, known as part of Lot 1 &Lot 2, of Square 1,Tract 7, according to Albury's
subdivision of Part of Tract 7, as recorded in Deed Book "I", Page 239, in the Public Records of Monroe County,
Florida, said parcel being more particularly described as follows: Commence at the intersection of the Northeasterly
Right of Way Line of Pearl Street and the Northwesterly Right of Way Line of Newton Street; thence N 44°59'53" E
along the said Northwesterly Right-of-Way Line of Newton Street for 150.09 feet to the platted Right-of-Way Line
of Eisenhower Drive and the Point of Beginning; thence continue N 44°59'53" E along the said Northwesterly Right-
of-Way Line of Newton Street for 35.26 feet to the Southwesterly Right-of-Way line of Eisenhower Drive as existing
and constructed; thence N 44045'07" W along the said Southwesterly Right-of-Way Line of Eisenhower Drive as
existing and constructed for 98.90 feet; then S 44058'00" W for 29.48 feet to the platted Right-of-Way Line of
Eisenhower Drive;thence N 41°24'22" E along the said platted Right-of-Way line of Eisenhower Drive for 99.02 feet
to the said Northwesterly Right-of-Way line of Newton Street and the Point of Beginning.
Parcel E: (Area of encroachment between Platted R/W and Existing R/W):
A parcel of land on the Island of Key West, known as part of Lot 1 &Lot 2,of Square 1,Tract 7,according to Albury's
Subdivision of part of Tract 7, as recorded in Deed Book"I", Page 239, in the Public Records of Monroe County,
Florida, said parcel being more particularly described as follows: COMMENCE at the intersection of the
Northeasterly Right of Way Line of Pearl Street and the Northwesterly Right of Way Line of Newton Street; thence
N 44'59'53" E. along the said Northwesterly Right of Way Line of Newton Street a distance of 185.35 feet to the
Southwesterly Right of Way Line of Eisenhower Drive as existing and constructed; thence N. 44045'07"W., along
said Southwesterly Right of Way Line of Eisenhower Drive,a distance of 86.86 feet to the Point of Beginning;thence
N 44045'07"W., and continuing along the said Southwesterly Right of Way Line of Eisenhower Drive a distance of
7.60 feet to the edge of a brick patio; thence meander a brick patio; thence S. 47040'32"W., a distance of 6.01 feet;
thence S. 04006'05" W., a distance of 2.35 feet; thence S. 32°06'23" W., a distance of 2.51 feet; thence S. 48°03
'45"W., a distance of 9.90 feet;thence N.44051 '41"W., a distance of 5.71 feet;thence S. 44'58'00"W., a distance
of 9.37 feet to the platted Right of Way Line of Eisenhower Drive; thence S. 41°24'22" E., along the said platted
Right of Way Line of Eisenhower Drive and thru a building a distance of 52.21 feet; thence continue meandering a
frame building,stairs and a porch;thence N.45'11'10"E., a distance of 7.13 feet; thence N.44048'50"W.,a distance
of 9.40 feet; thence N. 45*11'10" E., a distance of 1.85 feet; thence N. 44048'50"W., a distance of 5.28 feet; thence
N. 45'11'10" E., a distance of 5.30 feet; thence S. 66°49'20" E., a distance of 4.99 feet; thence N. 02°21'35"W., a
distance of 8.30 feet; thence S. 62°06'10" W., a distance 4.99 feet; thence N. 44°48'50" W., a distance of 16.05
feet; thence S. 45011'10" W., a distance of 8.00 feet; thence N. 44048'50" W., a distance of 6.40 feet; thence N.
44*53'28" E., a distance of 23.59 feet to the said Southwesterly Right of Way Line of Eisenhower Drive as existing
and constructed and the Point of Beginning.
Parcel F: (Area of encroachment, Building)
[LEGAL DESCRIPTION CONTINUES ONTO NEXT PAGE]
10 of 12
35
A pairo N of Il lnd on the Il ll rnd of IK y West, known as part of Lot 1 &Lot 2, of Square l,'°f lr of'7, accordingto AIIlbuury"
u bduvii uoln of part. of TIr of '7, as recorded in Need Book ""II", bags 239, in the IRuubfic Records of IlAoirvoe County,
IFNorida, salid IpaircO Ibell ng irnoire p rtiiou ll rIly described as follllowws- COMMENCE at the inteirsecfion of the
NoirtheasterIly IRight of Way Line of Peed Stireet and the NorthwesterIly Right of Way ILiilno of INewtoin Street; thence
IN 44059"53" NF.: allorng the said NorthwesteirIly IRight of Way ILNrne of Newton Street a dNstaince of 150.09 feet to
IpN tt d SouthwesterIly Right of Way Line of Eisenhower Drive; thence N 41024"22" W, allong the said pll tt d
aouuthwwe terNy NRNght of Way Lime of Elisenhoweir Drive distaince of 66.86 feet to the outsWe waH of a 1 story Frame
e
Buiilldiirng and the Point of Beginning; thence meander the said Ibu lilldiilrng for the follllowwlI ng five (5) metes and bounds;
(1) thence IN 4501110" IE.:, a dli tarnce of'7.13 feet; (2) thence IN 440 5"5 "" W, a distance of 9.40 feet; (3) thence IN
45'1110" E, a distance of 1.85 feet; (4) thence IN 44"48'59" W, a distairice of 30.13 feet; (5) thence S 45°1 Vl9" IC,
a distance of 6.62'IPeet to the said platted SouthwesteirIly Right of Way Line of I(Else nhower Delve; thence 41°24"22"
III, alloing the said IpN tt d Southwestedy Right of Way Line of Eisenhower Drive a Mstaince of 39.,65 feet to the Point
of I6eg� nrning.:
III Iro Il : (Area of encroachment, Wood deck)
A pairoO of I4nd on the Wand of IKoy West, known s part of Lot 1 &Lot 2, of Squairel,Ter of'7,according to Allbury"
u lbdMsi oln of part of'Tr of 7, as recorded in Deed 1Book""II", In ge 239, in the Public Records of IMonroe County,
F=oriid " salid pro Il being moire Ip IrtNolun aidy de orlilb d as follllo , COMMENCE CE t the Nrntelrs otliorn of the
NortheasterIly Right of Way IL'urne of Pearll Street and the Nolrthwwe t ily IRNgfnt of Way N_Nrne of Newton Street; thence
IN 44059"53" E Mong the said IMortlh we terlly Right of Way(Lime of Newton Street a distaince of 159.69 feet to a pI tt d
SouthwesterIly Might of Way U no of Eisenhower Drive; theince IN. 41°24"22"W, alloing the said platted SouthwesterIly
Right of Way Une of ENseinlhoweir, Drive a distaince of 36.86 feet to tine outside wallll of a 1 Story IFr lrmne I6uuIlllldli ng;
thence meander the said Ibuuiilldurng for the folIllo i ng foaur(4) irnetes and bounds; (t)thence IN 45"'1 I"l9" IE, a dN t lnoe
of'7.13 feet; (2.) theinoe IN 44046"56"l W, a distance of 9.40 feet; (3) thence IN 45"1 Vl9" IL, a dIl t rnoe of 1..85 feet;
(4) thence e INN 44046"56"' W, a dIll t rnoe of 5.26 feet to a wood deck and the Point of Begliilrnlnurng; theince meander tlh
said wood deck for the foNNowwling six (6) irnetes and bounds; (1) theino N 45`1 f"t 0" IC, a distance of 5.39 feet; (2)
thence S 66049"29"'E, a dlistance of 4.99 feet" (3) tlhe nce IN 62.'21"35" W, a dust rnoe of 6..30 feet„ (4) thence nc
62"06'10"W, a do t rnoe of 4.99 feet„ (5) tf eno IN 4 `"46"50"W, a 6stance of 16..95 feet" (6)thence 45'1 I'l0"II ,
dustaince of 6.00 feet to the outside ww H of the said One Story IFlr lane 1B ufl61ng; thence 44046"59" E, allong t6he
said outside walIll of tine 5uiilldiiing for 19..09 feet to the Point of Begiinning,
Leg all DescrNlptliorn IL. Irrnli ner" Notes.
1. Beinj.. Allbuury"s IDftir lrrn its recorded in (bead Book II, (bags 389. Reference to IDeed Il oolk II, Page 239 heir6 n,
appears to be in error.:
2. Illn P rceN"ID",-the o NN of IN 41°24"22" E in (both the Il oust and easement N g N descriptions appears to Ibe in error.,
It wouulld appear tlh t this o llll should run in a Southeastedy dNr otiiorn. �Eind]
__... .... ^ IFor v6d lrnoe of doubt the rough sketch Ib Voww is.;Iroviid d
_ .....r.....:.
" 9 p
� r
. . u: Not
d f
f
I
I^ o of
4,
11 of 12
36
'This instrument was prepared llby.
Monroe County SHIP Prograrn
C/o Monroe County SocW Services
1100 Simonton Street
Key West, FL 33040
FOR AFFORDABLE RENTAL CONSTRUCTION I REHABILITATION STRATEGY
THIS S,�1113 ILEASEHOILD MORTGAGE TO SECURE LOAN ("Mortgage") imade this day of
2025, between the Habitat for 11juirnai of Ke YVest and,ILower FlIor
[alKej.§.1ric. a Rorida
o—rl
Not for Profit C poration,Whose pilncipall address is 471 Overseas Hwy, Ste. 102, Key West, FL 33040
(heireinafter referred to as "Mortgagor"), and IMONROIE COUNTY, a pollficall subdivision of the State of
Florida, whose jprincljpaC address is 1100 Simonton Street, Key West, Florida 33040(hereinafter referred to
as"Mortgagee").
A., Mortgagee is a recipient of SHIP funds pursuant to Chapter 420, Rorida Statutes, and specificafly
Section 420.907 et seq., and 'the associated administrative irules under Chapter 67, Florida
Administrative Code(her tin after referred to co lectivOy asthe"S1111113 IW rnd IlRegWations")and has
agreed to lloan a portion of Mortgagee's SHIP program funds to Mortgagor-for purposes of affordablle
reintaI Ihouusing construction/rehabilitation activities upon the rash property idenfified lby MIM: 00023300.-
000000, Ilocated on the island of Key West and generaIlly situated at the corner of Pearl Street and
Eisenhower Drive that contains the following reslidentiall rentM units::
'716 Eisenhower Dr., Unit 101, IKey West, FIL 33040
'716 IL.usenhower IDir, Unit 102, IKey West, II-IL 33040
'716 Eisenhower Dr., Unit ,103, IKey West, FL 33040
'716 Bserlhower lDr., Unit 104, Key West, IFIL 33040
716 Eisenhower Dir., Unit 105, Key West, IFL 33040
712 Eisenhower Dr., Key West, FIL 33040
714 Eisenhower Dr., Key West, FIL 33040
703 Pend Street., Key West, FL 33040
'705 Pend Street, Key West, FIL 33040
'707 Pea Street, IKey West, FIL 33040
'709 Pea Street, Key West, FIL 33040
'709 Pend Street, Unit 201, Key West, IFL 33040
(and as rnore specfficallIy defined herein, and referred to as"Propefty" "Attachiment,A").
B. Mortgagor is indebted to Mortgagee in the principall surn of TWO HUNDRED THOUSAND DOLLARS
AND ZIERO CENTS_Jj?22,000..00 ��ch indebtedness is evidenced by the Mortgage's
I ("Loan"), wl
Promissory Note of even date herewith ("Note"), attached hereto as "Exhibit A"— "Promissory Note."
The Mortgagor agrees to pay the 1pirincilpallr aMoUrlt of indebtedness in the "Event of Defaullt," as
described Iherefin. OtIlherwise, this Mortgage is provided as a forgWlble lloan with a term of fifteen (15)
years. At the expiration of-the fifteen (15)year period starting from February 19, 2025 (and en6ng on
FelbiruaEy_j§ 2040, hereinafter "Date of Maturity"), if -the loan is in good stainding, the loan 01I be
forgiven and deerned satisfied (in fijfl).
C.. IMortgagor agrees one hundred percent ('100%) of the twelive (12) housing units are set aside -for
occupants who have annuall gross income quall to or lbelow eighty percent (80%) foir the Monroe
County, Metropofitain StatisticaI Area (MSA), as determined lby the U.S. Department of Housing and
Urban Development (HUD) on an amyna basis. The income requirements are required to remain in
pllace for the entire fifteen (15)year period.
Pagel of 12
37
NOW,THEREFORE, FOR GOODalNDVAILUABLE ON IIDIFIRa'TiIblhl, Mortgagor does Iheireby mortgage,
girairit, and convey to Mortgagee Is Ileaseholld interest in the Property described iin "Attachment a," located
in -the County of Monroe, State of IFlorida, together with all 'uirnlprovemeirrts now or hereafter erected oirn tlhe
Property, and all easernents, Ights, appurtenances, irents, iroyalties, mineiral, oil and gas rights and profits,
water,water rights, and water stock, and all fixtures now or(hereafter attached to the Property, allll of which,
inclludiirng replacements and additions thereto, shall be deemed to be and remain a part of the Property
coveired by this Mortgage.
Mortgagor agrees to secure to Mortgagee the (payment of the (Loan as evidenced in the dote, payable to
Mortgagee, and agrees to comply with the terrms and conditions of this Mortgage arnd Dote, and the terms
and conditions set forth iirn the SIHIIIP Rules and Regulations, iurnclluding the applicable affordalbiiltty (periods
and elli iibulliity condiitiions established by the Monroe County, or such other governmental authority, having
a currently exIiisfiing Ilegall interest in the Property, with more irestricfive e4giibillky requirements.
The suer ns secured under tlhiis Mortgage are IprovWed iin the fonrm of a zero (percent (0%) interest irate„
deferred payment, forgl4ablle loan. Upon the expiration of the terra of this Mortgage as pirovided in Section
2 hereof, so Iloirng as Mortgagor has ooirnplliied with allll the terms of tINs Mortgage and tlhe Dote, and no Event
of Default (as defined (bellow) has occurred oir its occuirrIiirng, the Mortgage shalll be deemed satisfied and,
upon request of Mortgagor, Mortgagee shall execute a Satisfaction of Mortgage. Mortgagor shalll pay atilt
costs of irecoirdaflon of the Satlsfacfion of Mortgage, if any. IIf, however, the Mortgagor sells or transfers tulle
to the Property used to secure tMs Mortgage prior to the fulll term of the Loairn or fails to comply with any
terms and conditliioirns of thus Mortgage or the (Mote, and such otheir written agreements between the(parties
(to wilt: SHW Rental Moirni1oriiung Agreement), the outstaundibg priirnciipall arnount of the Note securing this
Mortgage shall imimediiatelly become due aired payable to Mortgagee.
Notwitlhstairidiing, the apparent record Fee Simple tittle owi neir(s) 'to the subject IProperty. its The Illousing
Authority of the C4 of Key West, FMoirida„ a public body, corporate&pollffic, created and orgairilized,pursuant
and iiicn ec drdairnce witlh the Iprovisilons of the (Housing Authorities (Law, codified as Chapter 4'21, Florida
Statutes, as airnnended, (pursuant to (Personal Repiresentative°s Deed recorded IMoveirn°nlbeir 3, 2011, in Official
Records Book 2541, (Page 869, Mortgagor expressly affirms and guarantees its lawful aright to enter into
this lea elholld mortgage wRlhout consent, written or oral, of said Fee&irnple tulle owneir(s).
Tlhis Mortgage is expressly made sulbpect to, junior, iinfeirioir„ and subordinate in payment and in allll otlheir
respects to the (lien, priority, teirrns and condiitiions, in those certain mortgages or decllaraboirns stated Ihere:
a.) The mortgage deed given by The dousing authority of the City of IKey (Nest, Florida, in favor of
Monroe County Comprehensive Plan (Land Authority, a (land authority under Section 380.0663(1),
Florrida Statutes, and Monroe County Oir6naince No.. 31-1986,which is recorded in Glacial(Records
IBook 2541, (Page 677.
Ib..) The mortgage givern by The Housing authority of the City of(Key West, Floirlda, in favor of Monroe
County Comprehensive Plan Land Authority, a (land authority minder Section 80,0663(1), Florda
Statutes, and Monroe Courity Ordinance No. 031-1986, which its recorded lirn Official Records Hook
2.541, Wage 885,
This Mortgage its expressly irrnade superior to the (Land Use Restiriiction Agreement(LURA)giveirn to Monroe
County, FL (Mortgagee), recorded in the Officiiall (Records of Monroe County„ Florida, at Book 3194 and
Page 1442..To the extent there its a convict between the teirrrns and conditions stated in the LURa and those
in thus Mortgage, this Mortgage shall prevail.
Mortgagor hereby further covenants and agrees as follows:
1. IPayrnernt of Principal. Mortgagor shall pay when due the outstanding principal under the Note li n
accordance with the teems of the Note.
2. Term of Mortgage.The term of this Mortgage shall be fifteen (15)years commencing on February 19,
2025. On the Date of Maturity, February 18 2040, if the loan is in good standing, the loan will be forgiven
and deemed satisfied (in full).
Page 2 of12
38
3. Charges.Mortgagor shall pay, prior to becoming delinquent,all taxes, assessments and other charges,
fines and impositions attributable to the Property which may attain a priority over this Mortgage, and
leasehold payments or ground rents, if any, when due, directly to the payee thereof. Mortgagor shall
promptly furnish to Mortgagee receipts evidencing such payments.
4. Insurance.
(a) Mortgagor shall keep the improvements now existing or hereafter erected on the Property insured
against loss by fire, hazards included within the term"extended coverage,"and any other hazards, including
but not limited to floods, for which Mortgagee requires insurance. This insurance shall be maintained in the
amounts(including deductible levels)and for the periods that Mortgagee requires.
(b) The insurance carrier providing the insurance shall be chosen by Mortgagor subject to Mortgagee's
right to disapprove Mortgagor's choice, which right shall not be exercised unreasonably. All premiums on
insurance policies shall be paid by Mortgagor, when due, directly to the insurance carrier.
(c) All insurance policies required by Mortgagee and renewals of such policies shall be subject to a first
priority lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name
Mortgagee as mortgagee and/or an additional loss payee. Mortgagee shall have the right to hold the policies
and renewals thereof, and Mortgagor shall promptly furnish to Mortgagee all receipts of paid premiums.
(d) In the event of loss, Mortgagor shall give prompt notice to the insurance carrier and the Mortgagee.
Mortgagee may make proof of loss if not made promptly by Mortgagor. Unless Mortgagee and Mortgagor
otherwise agree in writing, any insurance proceeds shall be applied to restoration or repair of the Property
damaged, provided such restoration or repair is economically feasible, and the security of this Mortgage is
not thereby impaired. If such restoration or repair is not economically feasible or if the security of this
Mortgage would be impaired,the insurance proceeds shall be applied to the sums secured by this Mortgage
with the excess, if any, paid to Mortgagor.
(e) If Mortgagor abandons the Property, Mortgagee may file, negotiate, and settle any available insurance
claim and related matters. If Mortgagor does not respond within thirty(30)days to a notice from Mortgagee
that the insurance carrier has offered to settle a claim, then Mortgagee may settle the claim. In either event,
Mortgagee is authorized to collect and apply the insurance proceeds at Mortgagee's option either to
restoration or repair of the Property or to the sums secured by this Mortgage.
(f) If, under Section 16 hereof, the leasehold interest in the Property is acquired by Mortgagee, all right,
title, and interest of Mortgagor in and to any insurance policies and in and to the proceeds thereof resulting
from damage to the Property, prior to the transfer, sale, or acquisition shall pass to Mortgagee to the extent
of the sums secured by this Mortgage immediately prior to such transfer, sale, or acquisition.
5. Purpose of Mortgage. It is expressly agreed and understood that this Mortgage secures the
indebtedness and the obligation of the Mortgagor with respect to the Loan, as the same is evidenced by
the Note, and all renewals, extensions, and modifications thereof. This Mortgage shall not be deemed
released, discharged, or satisfied until the entire indebtedness evidenced by the Note is satisfied in full.
6. Representations and Warranties. Mortgagor represents and warrants that: (a) there are no actions,
suits, or proceedings pending or threatened against or affecting Mortgagor or any portion of the Property,
or involving the validity or enforceability of this Mortgage or the priority of its lien, (b) Mortgagor is not in
default under any other indebtedness or with respect to any order, writ, injunction, decree, judgment or
demand of any court or any governmental authority; and(c)in connection with the Loan, Mortgagor has not
made any material misrepresentations of fact relating to Mortgagor's non-profit status and eligibility for the
Loan.
Page 3 of 12
39
7. Primary Manager. As an inducement for Mortgagee to make the Loan, Mortgagor hereby agrees to
and covenants that Mortgagor will be the primary manager of the Property during the entirety of the term of
the Mortgage and Note.
8. Care of Property.
(a) No building or other structure or improvement, fixture or personal property mortgaged hereby shall be
removed or demolished without the prior written consent of Mortgagee. Mortgagor will not make, permit, or
suffer any alteration or addition to any building or other structure or improvement now or which may
hereafter be erected or installed upon the mortgaged property, or any part thereof, except the
improvements, if any, required to be made with the proceeds of the Loan, nor will Mortgagor use, or permit
or suffer the use of, any of the Property for any purpose other than the purpose or purposes for which the
same is now used, without the prior written consent of Mortgagee.
(b) Mortgagor will maintain the Property in good condition and state of repair and will not suffer or permit
any waste to any part thereof, impairment, or deterioration of the Property, or make or permit to be made
to the Property any alterations or additions that would have the effect of materially diminishing the value
thereof or take or permit any action that will in any way increase any ordinary fire or other hazard arising
out of the construction or operation thereof and will promptly comply with all of the requirements of federal,
state, and local governments, or of any departments, divisions or bureaus thereof, pertaining to such
property or any part thereof. If all or any part of the Property shall be damaged by fire or other casualty, the
Mortgagor shall promptly restore the Property to the equivalent of its original condition regardless of whether
or not there shall be any insurance proceeds, therefore. If the Property or any part thereof is damaged by
fire or any other cause, the Mortgagor shall give immediate written notice of same as soon as practicable
to Mortgagee. If a part of the Property shall be physically damaged through condemnation, the Mortgagor
shall promptly restore, repair, or alter the remaining property in a manner satisfactory to the Mortgagee.
Mortgagee's approval of such restorations, repairs, or alterations shall not be unreasonably withheld.
9. Transfer of the Property. No part of the Property or an interest therein shall be sold or transferred by
Mortgagor without the written consent of Mortgagee. If Mortgagor sells or transfers any interest in the
Property, the outstanding principal amount of the Note secured by this Mortgage shall become immediately
due and payable. If the outstanding principal amount of the Note becomes due and payable, Mortgagee
shall provide Mortgagor notice of acceleration, in accordance with Section 16 hereof. Mortgagor shall pay
the sums declared due and payable within thirty (30) days after the date of the notice. If Mortgagor fails to
timely pay such sums, Mortgagee may, without further notice or demand on Mortgagor, invoke any
remedies permitted by Section 17 hereof. Unless provided herein, the amount of the SHIP award will be
due and payable in full upon sale or transfer of the property, or failure to comply with the terms of this SHIP
Mortgage and Promissory Note, the SHIP Rental Monitoring Agreement, and the Land Use Restriction
Agreement (LURA) executed by Mortgagor. The SHIP-assisted units under this strategy must maintain
rents that do not exceed the rent maximums published annually by the Florida Housing Finance
Corporation. For purposes of this paragraph, the term "transfer" does not apply to sub-leases to income
eligible residents.
10. Hazardous Substances. Mortgagor shall not use, generate, store, or dispose of Hazardous Materials
on the Property. Mortgagor shall not do, nor allow anyone else to do, anything affecting the Property that is
in violation of any Environmental Laws. The preceding two sentences shall not apply to the presence, use,
or storage on the Property of small quantities of Hazardous Substances that are generally recognized to
be appropriate to normal residential uses and to maintenance of the Property. Mortgagor shall promptly
give Mortgagee written notice of any investigation, claim, demand, lawsuit, or other action, of which the
Mortgagor has actual knowledge, by any governmental or regulatory agency or private party involving the
Property and any Hazardous Substance or Environmental Laws. If Mortgagor learns, or is notified by any
governmental or regulatory authority, that any removal or other remediation of any Hazardous Substance
affecting the Property is necessary, Mortgagor shall promptly take all necessary remedial actions in
accordance with Environmental Laws, and provide Mortgagor notice thereof. As used in this section,
"Hazardous Substances"are those substances defined as toxic or hazardous substances by Environmental
Laws, including but not limited to the following substances: gasoline, kerosene, other flammable or toxic
Page 4 of 12
40
petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or
formaldehyde, and radioactive materials. As used in this section, "Environmental Laws" means federal,
state, and local laws of the jurisdiction where the Property is located that relate to health, safety, or
environmental protection, including but not limited to the Federal Resource Conservation and Recovery Act
and the Federal Comprehensive Environmental Response, Compensation and Liability Act.
11. Compliance with Laws. Mortgagor shall comply with all federal, state, and local laws applicable to the
Loan and the Property, including all requirements of SHIP Rules and Regulations, and when applicable,
the U.S. Department of Housing and Urban Development and 24 C.F.R. Part 570, as may be amended
from time to time.
12. Protection of Mortgagee's Security. If Mortgagor fails to perform the covenants or agreements
contained in this Mortgage, or if any action or proceeding is commenced which materially affects
Mortgagee's interest in the Property, including but not limited to eminent domain, insolvency, code
enforcement, or arrangements or proceedings involving a bankruptcy, Mortgagee, at Mortgagee's option,
upon notice to Mortgagor, may make such appearances, disburse such sums and take such action as is
necessary to protect Mortgagee's interest, including but not limited to disbursement of reasonable attorneys'
fees and entry upon the Property to make repairs.
13. Inspection. Mortgagee may make or cause to be made reasonable entries upon and inspections of
the Property, provided that Mortgagee shall give Mortgagor reasonable notice prior to any such inspection.
14. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in
connection with any condemnation or other taking of the Property, or part thereof, or for conveyance in lieu
of condemnation, are hereby assigned and shall be paid to Mortgagee. The proceeds referred to in this
paragraph shall be applied to the sums secured by this Mortgage with the excess, if any, paid to Mortgagor.
If the Property is abandoned by Mortgagor or, if after notice by Mortgagee to Mortgagor that the condemner
offers to make an award or settle a claim for damages, Mortgagor fails to respond to Mortgagee within thirty
(30) days after the date of such notice, Mortgagee is authorized to collect and apply the proceeds, at
Mortgagee's option, either to restoration or repair of the Property, or to the sums secured by this Mortgage.
15. Event of Default.The term"Event of Default,"wherever used in this Mortgage, shall mean any one or
more of the following events:
(a) Failure by Mortgagor to duly keep, perform, and observe any other covenant, condition, or agreement
in the Note or this Mortgage, including the covenants to pay when due any sums secured by this Mortgage,
for a period of ten (10) days after Mortgagor gives written notice specifying the breach.
(b) If Mortgagor or any endorser or guarantor of the Note shall file a voluntary petition in bankruptcy or
shall be adjudicated bankrupt or insolvent, or shall file any petition or answer seeking any reorganization,
arrangement, composition, readjustment, liquidation, wage earner's plan, assignment for the benefit of
creditors, receivership, dissolution, or similar relief under any present or future Federal Bankruptcy Act or
any other present or future applicable federal, state, or other statute or law, or shall seek or consent to or
acquiesce in the appointment of any trustee, receiver, or liquidator of the Mortgage for all or any of the
properties of Mortgagor or of any guarantor or endorser of the Note; or if within thirty (30) days after
commencement of any proceeding against Mortgagor or any guarantor or endorser of the Note, seeking
any reorganization,arrangement, composition, readjustment, liquidation,dissolution,debtor relief,or similar
relief under any present or future federal, state, or other statute or law, such proceeding shall not have been
dismissed or stayed on appeal; or if within the thirty (30) days after appointment without the consent or
acquiescence of Mortgagor or of any endorser or guarantor of the Note,of any trustee, receiver, or liquidator
of Mortgagor or any endorser or guarantor of the Note, or of all or any portion of the Property, such
appointment shall not have been vacated or stayed on appeal or otherwise; or if within ten (10) days after
the expiration of any such stay, such appointment shall not have been vacated.
(c) The entry by any court of last resort of a decision that an undertaking by the Mortgagor as herein
provided to pay taxes, assessments, levies, liabilities, obligations or encumbrances is legally inoperative or
Page 5 of 12
41
cannot be enforced, or in the event of the passage of any law changing in any way or respect the laws now
in force for the taxation of mortgages or debts secured thereby for any purpose or the manner of collection
of any such taxes, so as to effect adversely this Mortgage or the debt secured hereby unless Mortgagor
can and does in a proper and legal manner, pay any and all sums of whatever kind which may be incurred
or charged under such new or modified law.
(d) If foreclosure proceedings should be instituted on any mortgage inferior or superior to the Mortgage, or
if any foreclosure proceeding is instituted on any lien of any kind which is not dismissed or transferred to
bond within thirty (30)days after the service of foreclosure proceedings on Mortgagor.
(e) Any default under any mortgage that is superior or inferior to the Mortgage. Mortgagor shall have the
affirmative obligation to immediately notify Mortgage in writing of the occurrence or existence of any such
default.
(f) Any breach of any warranty or material untruth of any representation of Mortgagor contained in the
Note or this Mortgage, or the SHIP Rental Monitoring Agreement, related to the funding assistance
provided.
(g) Any action prohibited herein; and any actions prohibited in the SHIP Rental Monitoring Agreement
between the Mortgagor and Mortgagee.
(h) The transfer of the Property. SHIP recipients that offer rental housing for sale prior to the maturity date
(fifteen (15) years) must give a right of first refusal to eligible non-profit organizations for purchase at the
current market value for continued occupancy by eligible persons.
(i) The lease of the Property to a third party that is not consistent with the requirements of the SHIP Rental
Monitoring Agreement between the Mortgagor and Mortgagee.
0) The abandonment or vacation of the Property by Mortgagor whereby said Mortgagor ceases to occupy
and/or manage the Property.
16. Acceleration; Remedies. Upon the occurrence of an Event of Default, Mortgagee, prior to
acceleration, shall mail notice to Mortgagor as provided in Section 20 hereof specifying: (1) the Event of
Default; (2) the action required to cure such Event of Default; (3) a date, not less than thirty (30) days after
the date the notice is received by Mortgagor, by which such Event of Default must be cured to the
satisfaction of Mortgagee; and (4) that failure to cure such Event of Default on or before the date specified
in the notice may result in any action in law or equity, as Mortgagee determines to be most effectual to
enforce Mortgagor's obligations, including an action for specific performance, acceleration of the sums
secured by this Mortgage, foreclosure by judicial proceeding, and sale of the Property. The notice shall
further inform Mortgagor of the right to reinstate after acceleration and the right to assert in the foreclosure
proceeding the non-existence of an Event of Default or any other defense of Mortgagor to acceleration and
foreclosure. If the Event of Default is not cured on or before the date specified in the notice, Mortgagee at
its option may require immediate payment in full of all sums secured by this Mortgage without further
demand and may foreclose this Mortgage by judicial proceeding. Mortgagee shall be entitled to collect all
expenses incurred in pursuing the remedies provided in this paragraph, including but not limited to
reasonable attorneys'fees and costs of title evidence.
17. Remedies Cumulative.All remedies provided in this Mortgage are separate, distinct, and cumulative
to any other right or remedy under this Mortgage or afforded by law or equity, and may be exercised
concurrently, independently, or successively. No act of Mortgagee shall be construed as an election to
proceed under any provision or covenant herein to the exclusion of any other, notwithstanding anything
herein to the contrary.
18. Mortgagor's Right to Reinstate. Notwithstanding the Mortgagee's right to acceleration of the sums
secured by this Mortgage, Mortgagor shall have the right to have any proceedings initiated by Mortgagee
to enforce this Mortgage discontinued at any time prior to entry of a judgment enforcing this Mortgage if:
Page 6 of 12
42
(a) Mortgagor pays Mortgagee all sums which would be then due under this Mortgage had no acceleration
occurred; (b) Mortgagor cures all breaches of this Mortgage; (c) Mortgagor pays all reasonable expenses
incurred by Mortgagee in enforcing the covenants and agreements of Mortgagor contained in this Mortgage,
including but not limited to reasonable attorneys' fees; and (d) Mortgagor takes such action as Mortgagee
may reasonably require to assure that the lien secured by this Mortgage, Mortgagee's interest in the
Property and Mortgagor's obligation to pay the sums secured by this Mortgage shall remain in full force and
effect as if no acceleration had occurred. Upon such payment and cure by Mortgagor, this Mortgage and
the obligations secured hereby shall remain in full force and effect as if no acceleration had occurred.
19. Recordation.This Mortgage and the Note shall be recorded in the Official Records of Monroe County,
Florida, by the Mortgagee at the expense of Mortgagor.
20. Notice. Except for any notice required under applicable law to be given in another manner, any notice
to Mortgagor or Mortgagee provided for in this Mortgage shall be given by mailing such notice by certified
mail, return receipt requested, addressed to the party for whom it is intended at such party's respective
address set forth above in the introductory paragraph to this Mortgage.
21. Governing Law. This Mortgage shall be interpreted and construed in accordance with and governed
by the laws of the State of Florida. The exclusive venue for any lawsuit arising from, related to, or in
connection with this Mortgage shall be in the state courts of the Sixteenth Judicial Circuit in and for Monroe
County, Florida. If any claim arising from, related to, or in connection with this Mortgage must be litigated
in federal court, the exclusive venue shall be in the United States District Court or United States Bankruptcy
Court for the Southern District of Florida.All meetings to resolve said dispute, including voluntary arbitration,
mediation, or other alternative dispute resolution mechanism, will take place in this venue.The parties both
waive any defense that the venue in Monroe County is not convenient. BY ENTERING INTO THIS
MORTGAGE, MORTGAGOR AND MORTGAGEE HEREBY EXPRESSLY WAIVE ANY RIGHTS EITHER
PARTY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO THIS
MORTGAGE.
22. Attorneys' Fees and Costs. As used in this Mortgage and in the Note, "attorney's fees" shall include
those fees and costs, if any, which may be awarded by a trial or appellate court.
23. Jointly and Severally Bound. Mortgagor and others who may become liable for all or any part of the
obligations under this Mortgage, hereby agree to be jointly and severally bound by this Mortgage and jointly
and severally waive demand, protest, notice of nonpayment, and any and all lack of diligence or delays in
collection or enforcement hereof, and specifically consent to any extension of time, release of any party
liable for this obligation, including any maker, or acceptance of other security therefor. Any such extension
or release may be made without notice to said party and without in any way affecting the liability of such
party.
24. No Waiver; Mortgagor Not Released. It is expressly agreed and understood that a waiver by
Mortgagee(which waiver shall only be valid if given in writing)of any'right or rights conferred to it hereunder
with regard to any one transaction or occurrence shall not be deemed a waiver of such right or rights to any
subsequent transaction or occurrence. It is further agreed that any forbearance or delay by Mortgagee in
enforcement of any right or remedy hereunder shall not constitute or be deemed a waiver of such right or
remedy. The procurement of insurance or the payment of taxes or other liens or charges by Mortgagee
shall not be a waiver of Mortgagee's right to accelerate the maturity of the indebtedness secured by this
Mortgage. An extension of time for payment or a modification of the amortization of the sums secured by
this Mortgage granted by Mortgagee to Mortgagor or any successor in interest of Mortgagor shall not
operate to release, in any manner,the liability of Mortgagor or Mortgagor's successor in interest. Mortgagee
shall not be required to commence proceedings against such successor or refuse to extend time for
payment or otherwise modify the amortization of the sums secured by this Mortgage by reason of any
demand made by the Mortgagor or Mortgagor's successor in interest.
25. Severability. If any provision, or part thereof, contained in this Mortgage is, for any reason, held to be
invalid, illegal, unenforceable in any respect, or in conflict with applicable law, such invalidity, illegality,
Page 7 of 12
43
unenforceability, or conflict shall not affect any other provision (or remaining part of the affected provision)
of this Mortgage, but this Mortgage shall be construed as if such invalid, illegal, unenforceable,or conflicting
provision (or part thereof) had never been contained herein, but only to the extent it is invalid, illegal,
unenforceable, or in conflict with applicable law.
26. Captions.The captions and headings of the paragraphs of this Mortgage are for convenience only and
are not to be used to interpret or define the provisions hereof.
27. Further Assurances. Mortgagor shall cooperate with Mortgagee to modify and re-record this Mortgage
and/or the Note to the extent modification is required(i)to correct any defect or error in the Mortgage and/or
Note, or(ii)for compliance with applicable federal, state, or local law.
IN WITNESS WHEREOF, MORTGAGOR, HABITAT FOR HUMANITY OF KEY WEST AND LOWER
FLORIDA KEYS INC., has executed this Mortgage.
WITNESSES: MORTGAGOR:
HABITAT FOR HUMANITY OF KEY WEST AND
LOWER Sign Name:
iC.
FLORIDA KEYS,
..... ',
Print Name: Greo( S. Oro e�za
221 Simonton Street
Address: _ Ke ...West, FL 33040
(Print or Type Name)
Pr �
Sign Name:
Print Name: IIII''fmFm' t
W.
m I�m „r N Address:
� I a
r�,„ii" lu'IIIIIe� 1 ll':..,wlll°.Ylwuwimw IC':„H�'�IRIC"� �I S.t'"��"�
STATE OF FLORIDA )
SS:
COUNTY OF
not he or goi s instrume, day of _W 20 by me eans of b,physical presence or❑ online
fo nt was acknowled 'before me
ell
by
of HABITAT FOR HUMANITY OF KEY WEST AND FLORIDas
A
KEYS, INC., Florida Non-Profit Corporation, who is personally known to me or who has produced
as identificatioa
[Notary Seal] -
Print Name:
�'•t�Y F`B` GREGORY S.OROPEZA Notary Public
# •....,o
�; •, Notary Public-State of Florida Commission Number:
Commission#HH 278836
Commission Expires: .
w� OFF O�OPJ My Comm.Expires 07/01/2026 _�,.. „...
Page 8 of 12
44
"Attachment All
To
Leasehold Mort a e to Secure Loan for SHIP Activit
Legal Description:
Parcel A: (Entire Parcel)
All of Lot 2 and Part of Lot 1 of Square 1 of Tract 7, all according to Albury's Subdivision of part of
Tract 7, according to the Plat thereof, recorded in Deed Book"I", Page 389, in the Public Records
of Monroe County, Florida, and being more particularly described as follows: BEGINNING at the
Southwesterly Right of Way Line of Eisenhower Drive as existing and constructed and the
Northwesterly Right of Way Line of Newton Street; thence N 44°45'07" W along the said
Southwesterly Right of Way Line of Eisenhower Drive for 98.90 feet; thence S 44°58'00" W
(Southwest) for 179.48 feet to the Northwesterly (Northeasterly) Right of Way Line of Pearl Street;
thence S 41'21'17" E along the said Northeasterly Right of Way Line of Pearl Street for 99.00 feet
to the said Northwesterly Right of Way Line of Newton Street; thence N 44059'53" E along the said
Northwesterly Right of Way Line of Newton Street for 185.35 feet to the said Southwesterly Right
of Way Line of Eisenhower Drive and the Point of Beginning.
LESS:
Parcel B:
A parcel of land on the Island of Key West, known as part of Lot 1 of Square 1, Tract 7, according
to Albury's Subdivision of part of Tract 7, as recorded in Deed Book "I", Page 389, in the Public
Records of Monroe County, Florida, said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly right of way line of Pearl Street and the
Northwesterly right of way line of Newton Street and run thence N 41°27'42" W along the
Northeasterly right of way line of the said Pearl Street for a distance of 99.00 feet to the
Northwesterly corner of lands described in Official Record Book 1045, at Page 2485, as recorded
in the Public Records of Monroe County, Florida;thence N 44°58'00"E and along the Northwesterly
boundary line of the said lands described in Official Record Book 1045, at Page 2485 for a distance
of 57.50 feet to the Point of Beginning; thence continue N 44'58'00" E and along the Northwesterly
boundary line of the said lands as described in Official Record Book 1045, at Page 2485 for a
distance of 92.50 feet to the Southwesterly right of way line of Salt Pond Road as platted and shown
in the said diagram as recorded in Deed Book "I", Page 389; thence S 41*27'42" E along the
Southwesterly right of way line of Salt Pond Road as platted and shown in the said diagram for a
distance of 2.81 feet; thence S 44058'00"W for a distance of 92.33 feet; thence N 45°02'00"W for
a distance of 2.80 feet back to the Point of Beginning.
TOGETHER WITH:
Parcel C: (Area to be given with 716 Eisenhower):
A parcel of land on the Island of Key West, known as part of Lot 1 of Square 1, Tract 7, according
to Albury's Subdivision of part of Tract 7, as recorded in Deed Book "I", Page 389, in the Public
Records of Monroe County, Florida, said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly right of way line of Pearl Street and the
Northwesterly right of way line of Newton Street and run thence N 41°27'42" W along the
Northeasterly right of way line of the said Pearl Street for a distance of 93.63 feet to the
Southwesterly corner of lands described in Official Record Book 379, at Page 728, as recorded in
the Public Records of Monroe County, Florida, said point also being the Point of Beginning; thence
continue N 41°27'42"W along the Northeasterly right of way line of said Pearl Street for a distance
of 5.37 feet to the Northwesterly corner of lands described in Official Record Book 1045, at Page
2485, of the said Public Records; thence N 44'58'00" E and along the Northwesterly boundary line
Page 9 of 12
45
of the said lands described in Official Record Book 1045, at Page 2485 for a distance of 57.50 feet;
thence S 45'02'00" E for a distance of 2.80 feet; thence N 44'58'00" E for a distance of 92.33 feet
to the Southwesterly right of way line of Salt Pond Road as platted and shown in the said diagram
as recorded in Deed Book "I", Page 389; thence N 41°27'42" W along the Southwesterly right of
way line of said Salt Pond Road as platted and shown in the said diagram, for a distance of 2.81
feet to the Southeasterly corner of the said lands described in Official Record Book 379, at Page
728; thence S 44056'50"W and along the said Southeasterly boundary line of said lands described
in Official record Book 379,at Page 728 for a distance of 150.00 feet back to the Point of Beginning.
LESS:
Parcel D: (Area between Platted R/W and Existing R/W):
A parcel of land on the Island of Key West, known as part of Lot 1 & Lot 2, of Square 1, Tract 7,
according to Albury's Subdivision of Part of Tract 7, as recorded in Deed Book"I", Page 239, in the
Public Records of Monroe County, Florida,said parcel being more particularly described as follows:
Commence at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street; thence N 44059'53" E along the said
Northwesterly Right-of-Way Line of Newton Street for 150.09 feet to the platted Right-of-Way Line
of Eisenhower Drive and the Point of Beginning; thence continue N 44059,53" E along the said
Northwesterly Right-of-Way Line of Newton Street for 35.26 feet to the Southwesterly Right-of-Way
line of Eisenhower Drive as existing and constructed; thence N 44°45'07" W along the said
Southwesterly Right-of-Way Line of Eisenhower Drive as existing and constructed for 98.90 feet;
then S 44058'00"W for 29.48 feet to the platted Right-of-Way Line of Eisenhower Drive; thence N
41°24'22" E along the said platted Right-of-Way line of Eisenhower Drive for 99.02 feet to the said
Northwesterly Right-of-Way line of Newton Street and the Point of Beginning.
TOGETHER WITH AN EASEMENT OVER THE FOLLOWING PARCELS AS SET FORTH IN
OFFICIAL RECORD BOOK 2526, PAGE 884 OF THE OFFICIAL RECORDS OF MONROE
COUNTY, FLORIDA.
Parcel D: (Area between Platted R/W and Existing R/W):
A parcel of land on the Island of Key West, known as part of Lot 1 & Lot 2, of Square 1, Tract 7,
according to Albury's subdivision of Part of Tract 7, as recorded in Deed Book"I", Page 239, in the
Public Records of Monroe County, Florida, said parcel being more particularly described as follows:
Commence at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street; thence N 44°59'53" E along the said
Northwesterly Right-of-Way Line of Newton Street for 150.09 feet to the platted Right-of-Way Line
of Eisenhower Drive and the Point of Beginning; thence continue N 44°59'53" E along the said
Northwesterly Right-of-Way Line of Newton Street for 35.26 feet to the Southwesterly Right-of-Way
line of Eisenhower Drive as existing and constructed; thence N 44045'07" W along the said
Southwesterly Right-of-Way Line of Eisenhower Drive as existing and constructed for 98.90 feet;
then S 44°58'00"W for 29.48 feet to the platted Right-of-Way Line of Eisenhower Drive; thence N
41°24'22" E along the said platted Right-of-Way line of Eisenhower Drive for 99.02 feet to the said
Northwesterly Right-of-Way line of Newton Street and the Point of Beginning.
Parcel E: (Area of encroachment between Platted R/W and Existing R/W):
A parcel of land on the Island of Key West, known as part of Lot 1 & Lot 2, of Square 1, Tract 7,
according to Albury's Subdivision of part of Tract 7, as recorded in Deed Book"I", Page 239, in the
Public Records of Monroe County, Florida, said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street; thence N 44°59'53" E. along the said
Northwesterly Right of Way Line of Newton Street a distance of 185.35 feet to the Southwesterly
Right of Way Line of Eisenhower Drive as existing and constructed; thence N. 44°45'07"W., along
Page 10 of 12
46
said Southwesterly Right of Way Line of Eisenhower Drive, a distance of 86.86 feet to the Point of
Beginning; thence N 44045'07"W., and continuing along the said Southwesterly Right of Way Line
of Eisenhower Drive a distance of 7.60 feet to the edge of a brick patio; thence meander a brick
patio; thence S. 47o40'32"W., a distance of 6.01 feet; thence S. 04°06'05" W., a distance of 2.35
feet; thence S. 32006'23" W., a distance of 2.51 feet; thence S. 48°03 '45" W., a distance of 9.90
feet; thence N. 44051 '41" W., a distance of 5.71 feet; thence S. 44058'00" W., a distance of 9.37
feet to the platted Right of Way Line of Eisenhower Drive; thence S. 41'24'22" E., along the said
platted Right of Way Line of Eisenhower Drive and thru a building a distance of 52.21 feet;thence
continue meandering a frame building, stairs and a porch; thence N. 45011'10"E., a distance of
7.13 feet; thence N. 44048'50"W., a distance of 9.40 feet; thence N. 45011'10" E., a distance of
1.85 feet; thence N. 44°48'50" W., a distance of 5.28 feet; thence N. 45011'10" E., a distance of
5.30 feet; thence S. 66049'20" E., a distance of 4.99 feet; thence N. 02021'35" W., a distance of
8.30 feet; thence S. 62'06'10"W., a distance 4.99 feet; thence N.44048'50"W.,a distance of 16.05
feet; thence S. 45°11'10" W., a distance of 8.00 feet; thence N. 44°48'50" W., a distance of 6.40
feet; thence N. 44053'28" E., a distance of 23.59 feet to the said Southwesterly Right of Way Line
of Eisenhower Drive as existing and constructed and the Point of Beginning.
Parcel F: (Area of encroachment, Building)
A parcel of land on the Island of Key West, known as part of Lot 1 & Lot 2, of Square 1, Tract 7,
according to Albury's subdivision of part of Tract 7, as recorded in Deed Book"I", Page 239, in the
Public Records of Monroe County, Florida,said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street; thence N 44059'53" E. along the said
Northwesterly Right of Way Line of Newton Street a distance of 150.09 feet to a platted
Southwesterly Right of Way Line of Eisenhower Drive; thence N 41°24'22" W., along the said
platted Southwesterly Right of Way Line of Eisenhower Drive a distance of 86.86 feet to the outside
wall of a 1 story Frame Building and the Point of Beginning; thence meander the said building for
the following five (5) metes and bounds; (1) thence N 45011'10" E., a distance of 7.13 feet; (2)
thence N 44048'50" W, a distance of 9.40 feet; (3) thence N 45011'10" E, a distance of 1.85 feet;
(4) thence N 44048'50" W, a distance of 30.18 feet; (5) thence S 45*11'10" E, a distance of 6.62
feet to the said platted Southwesterly Right of Way Line of Eisenhower Drive; thence S 41°24'22"
E, along the said platted Southwesterly Right of Way Line of Eisenhower Drive a distance of 39.65
feet to the Point of Beginning.
Parcel G: (Area of encroachment, Wood deck)
A parcel of land on the Island of Key West, known as part of Lot 1 & Lot 2, of Square 1, Tract 7,
according to Albury's Subdivision of part of Tract 7, as recorded in Deed Book"I", Page 239, in the
Public Records of Monroe County, Florida,said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street; thence N 44059'53" E along the said
Northwesterly Right of Way Line of Newton Street a distance of 150.09 feet to a platted
Southwesterly Right of Way Line of Eisenhower Drive;thence N.41°24'22"W, along the said platted
Southwesterly Right of Way Line of Eisenhower Drive a distance of 86.86 feet to the outside wall
of a 1 Story Frame Building; thence meander the said building for the following four(4) metes and
bounds; (1)thence N 45°11'10" E, a distance of 7.13 feet; (2)thence N 44°48'50"W, a distance of
9.40 feet; (3) thence N 45*11'10" E, a distance of 1.85 feet; (4)thence N 44°48'50"W, a distance
of 5.28 feet to a wood deck and the Point of Beginning; thence meander the said wood deck for the
following six(6) metes and bounds; (1)thence N 45'11'10" E, a distance of 5.30 feet; (2)thence S
66°49'20"E, a distance of 4.99 feet; (3) thence N 02021'35" W, a distance of 8.30 feet; (4) thence
S 62006'10" W, a distance of 4.99 feet; (5) thence N 44048'50" W, a distance of 16.05 feet; (6)
thence S 45°11'10" W, a distance of 8.00 feet to the outside wall of the said One Story Frame
Building;thence S 44'48'50"E, along the said outside wall of the building for 19.00 feet to the Point
of Beginning.
Page 11 of 12
47
L_e_al.Descrit�tion Examiner's Notes:
1. Benj. Albury's Diagram is recorded in Deed Book I, Page 389. Reference to Deed Book I, Page
239 herein, appears to be in error.
2. In Parcel "D", the call of N 41°24'22" E in both the lessout and easement legal descriptions
appears to be in error. It would appear that this call should run in a Southeasterly direction.
_ _ _
For avoidance of doubt, the rough sketch below is .....__ ... ..
g ke provided:
r
F)IC {{
x J>
OU
� lot..........
l
-716
m�!�
C
Ap)�roved As w lep l fiwtn Al Attu rm�,y
4 �, I
1 n Pd,Leaps
Assim,antCouanLyr, dlwirney^
f)jtL,, 214125
Page 12 of 12
48
"EXHIBIT A"TO LEASEHOLD MORTGAGE
STATE HOUSING INITIATIVES PARTNERSHIP (,SHIP PROGRAM PROMISSORY NOTE
AFFORDABLE RENTAL CONSTRUCTION/REHABILITATION STRATEGY
Forgivable Loan
200 000.00 2025
g HABITAT HUMANITY OF KEY WEST
FOR VALUE RECEIVED, the undersigned HAwBITAT F
AND LOWERFLORIDA KEYS,w INC., a Florida Not forProfit Cor oration, ("Maker"), whose
address is 471 Overseas Hwy, Ste. 102, Key West, FL 33040, promises to pay to the order of
MONROE COUNTY, a political subdivision of the State of Florida ("Holder"), whose address is
1100 Simonton Street, Key West, Florida 33040, or such other location or address as Holder may
from time to time designate in writing, the principal sum of TWO HUNDRED THOUSAND
ZERO CENTS O 000.Pg, ("Loan") to be paid in DOLLARS AND...ZERO C mm NTS 200............... lawful U.S. currency.
1. The real property ("Property") securing this Loan is legally described as set forth in
"Attachment A," attached hereto and incorporated herein. This State Housing Initiatives
Partnership(SHIP) Program Promissory Note("Note") is secured by a SHIP Mortgage to Secure
Loan("Mortgage")of even date herewith executed in favor of Holder and recorded simultaneously
therewith in the Official Records of Monroe County, Florida, encumbering the Property, subject to
no exceptions.
2. Holder is a recipient of SHIP grant funds from the State of Florida pursuant to Section
420.907 et seq., Fla. Stat., as may be amended from time to time.
3. The Loan provided under this Note is a zero percent(0%)interest rate,deferred payment,
forgivable loan. Upon expiration of the term of the Mortgage securing this Note,which date
is fifteen(15)years from February 19,2025(Date of Maturity: February 18,2040),and if the
loan is in good standing, the Mortgage shall be deemed satisfied. Upon request of Maker,
Holder shall execute a Satisfaction of Mortgage, and the outstanding principal amount of this Note
shall be forgiven. If, however, Maker sells or transfers title to the Property used to secure this
Note prior to the full term of the Loan or fails to comply with any terms and conditions of the
Mortgage or this Note, the outstanding principal amount of this Note shall immediately become
due and payable to Holder. For purposes of this paragraph, the term "transfer"does not apply to
sub-leases to income eligible residents.
4. If this Note is reduced to judgment, such judgment shall bear the statutory interest rate
on judgments.
5. This Note may be prepaid in whole or in part at any time, without penalty or premium.
Any prepayment hereunder shall be applied first to unpaid costs of collection, servicing fees, and
late charges, if any, then to accrued,deferred, and unpaid interest, and the balance, if any, to the
principal balance.
6. In the event of a default by Maker of any term or condition of this Note, and if the same
is enforced by an attorney at law, Maker hereby agree(s) to pay all costs of collection, including
reasonable attorneys' fees. Notwithstanding any of the preceding provisions, Holder shall be
entitled to collect a late fee on any principal amount due and payable by Maker, in such amount
as may have been adopted by resolution of the Monroe County Board of County Commissioners
at the time of the execution of this Note.
7. Except for any notice required under applicable law to be given in another manner, all
notices under this Promissory Note shall be provided as specified in Section 20 of the Mortgage.
1
49
8. No delay or omission on the part of Holder in the exercise of any right hereunder shall
operate as a waiver of such right or of any other right under this Note. No waiver of any of Holder's
rights under this Note shall be binding upon Holder unless Holder approves such waiver in writing.
A waiver by Holder of any right or remedy conferred to it hereunder on any one occasion shall
not be construed as a bar to, or waiver of, any such right or remedy as to any future occasion.
9. This Note shall be interpreted and construed in accordance with and governed by the
laws of the state of Florida. The exclusive venue for any lawsuit arising from, related to, or in
connection with this Note shall be in the state courts of the Sixteenth Judicial Circuit in and for
Monroe County, Florida. If any claim arising from, related to, or in connection with this Note must
be litigated in federal court, the exclusive venue for any such lawsuit shall be in the United States
District Court or United States Bankruptcy Court for the Southern District of Florida. BY
ENTERING INTO THIS PROMISSORY NOTE, MAKER AND HOLDER HEREBY EXPRESSLY
WAIVE ANY RIGHTS EITHER PARTY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL
LITIGATION RELATED TO THIS NOTE.
10. In the event that any provision of this Note is held to be unenforceable under the law, all
remaining provisions of this Note shall be binding, valid, and enforceable.
IN WITNESS WHEREOF, MAKER, HABITAT FOR HUMANITY OF KEY WEST AND LOWER
FLORIDA KEYS INC., has executed this Note.
WITNESSES: MAKER: HABITAT FOR HUMANITY OF
KEY WEST AND LOWER FLOR DA
KEYS4�,C.
Sign Name: '�-Y �� ..a;,..���
Print Name: Gregory S,-Grepeja
221 Simonton Street ...!'
Address: Kpy west, FL 33A48— (Print or Ty a Name)
Sign Name:
Print Name: '.
Address. ZL� a � � .�,,; A `�
STATE OF FLORIDA )
SS:
COUNTY OFThe F „ ;� )
� day of g'" ef y p Y cal presence or❑online
foregoing y ow�led a before me, b me,,,„
notarization th s ins u ; 20 d b�. b y _
was ac n ads of h s �
.I has
of HABITAT FOR HUMANITY OF KEY WEST AND LOWER FLORIDA
KEYS, INC., Florida Non-Profit Corporation, who is personally known to me or who has produced
. �....�___......... as identification.
[Notary Seal] .......
of Print Name:
Notary Public
GREGORY S.OROPEZA ry
f t;A
. Notary Public-State of Florida Commission Number:
Commission#HH 278 36
1 :P It Commission Expires:
9iF•••oc�°•d My Comm.Expires 07/01/2026 p ... -
OFFp,
2
50
�....
"ATTACHMENT A SH
to STATE HOUSING INITIATIVES PARTNERSHIP IP PROGRAM
PROMISSORY NOTE
AFFORDABLE RENTAL CONSTRUCTION!REHABILITATION STRATEGY
Legal Description:
Parcel A: (Entire Parcel)
All of Lot 2 and Part of Lot 1 of Square 1 of Tract 7, all according to Albury's Subdivision of part of
Tract 7, according to the Plat thereof, recorded in Deed Book"I", Page 389, in the Public Records
of Monroe County, Florida, and being more particularly described as follows: BEGINNING at the
Southwesterly Right of Way Line of Eisenhower Drive as existing and constructed and the
Northwesterly Right of Way Line of Newton Street; thence N 44045'07" W along the said
Southwesterly Right of Way Line of Eisenhower Drive for 98.90 feet; thence S 44°58'00" W
(Southwest)for 179.48 feet to the Northwesterly (Northeasterly) Right of Way Line of Pearl Street;
thence S 41021"7" E along the said Northeasterly Right of Way Line of Pearl Street for 99.00 feet
to the said Northwesterly Right of Way Line of Newton Street; thence N 44°59'53" E along the said
Northwesterly Right of Way Line of Newton Street for 185.35 feet to the said Southwesterly Right
of Way Line of Eisenhower Drive and the Point of Beginning.
LESS:
Parcel B:
A parcel of land on the Island of Key West, known as part of Lot 1 of Square 1, Tract 7, according
to Albury's Subdivision of part of Tract 7, as recorded in Deed Book "I", Page 389, in the Public
Records of Monroe County, Florida, said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly right of way line of Pearl Street and the
Northwesterly right of way line of Newton Street and run thence N 41°27'42" W along the
Northeasterly right of way line of the said Pearl Street for a distance of 99.00 feet to the
Northwesterly corner of lands described in Official Record Book 1045, at Page 2485, as recorded
in the Public Records of Monroe County, Florida;thence N 44°58'00" E and along the Northwesterly
boundary line of the said lands described in Official Record Book 1045, at Page 2485 for a distance
of 57.50 feet to the Point of Beginning; thence continue N 44058'00" E and along the Northwesterly
boundary line of the said lands as described in Official Record Book 1045, at Page 2485 for a
distance of 92.50 feet to the Southwesterly right of way line of Salt Pond Road as platted and shown
in the said diagram as recorded in Deed Book "I", Page 389; thence S 41027'42" E along the
Southwesterly right of way line of Salt Pond Road as platted and shown in the said diagram for a
distance of 2.81 feet; thence S 44058'00"W for a distance of 92.33 feet; thence N 45'02'00"W for
a distance of 2.80 feet back to the Point of Beginning.
TOGETHER WITH:
Parcel C: (Area to be given with 716 Eisenhower):
A parcel of land on the Island of Key West, known as part of Lot 1 of Square 1, Tract 7, according
to Albury's Subdivision of part of Tract 7, as recorded in Deed. Book "I", Page 389, in the Public
Records of Monroe County, Florida, said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly right of way line of Pearl Street and the
Northwesterly right of way line of Newton Street and run thence N 41°27'42" W along the
Northeasterly right of way line of the said Pearl Street for a distance of 93.63 feet to the
Southwesterly corner of lands described in Official Record Book 379, at Page 728, as recorded in
the Public Records of Monroe County, Florida, said point also being the Point of Beginning; thence
continue N 41*27'42"W along the Northeasterly right of way line of said Pearl Street for a distance
of 5.37 feet to the Northwesterly corner of lands described in Official Record Book 1045, at Page
2485, of the said Public Records; thence N 44°58'00" E and along the Northwesterly boundary line
3
51
of the said lands described in Official Record Book 1045, at Page 2485 for a distance of 57.50 feet;
thence S 45002'00" E for a distance of 2.80 feet; thence N 44058'00" E for a distance of 92.33 feet
to the Southwesterly right of way line of Salt Pond Road as platted and shown in the said diagram
as recorded in Deed Book "I", Page 389; thence N 41027'42" W along the Southwesterly right of
way line of said Salt Pond Road as platted and shown in the said diagram, for a distance of 2.81
feet to the Southeasterly corner of the said lands described in Official Record Book 379, at Page
728; thence S 44056'50"Wand along the said Southeasterly boundary line of said lands described
in Official record Book 379, at Page 728 for a distance of 150.00 feet back to the Point of Beginning.
LESS:
Parcel D: (Area between Platted R/W and Existing R/W):
A parcel of land on the Island of Key West, known as part of Lot 1 & Lot 2, of Square 1, Tract 7,
according to Albury's Subdivision of Part of Tract 7, as recorded in Deed Book"I", Page 239, in the
Public Records of Monroe County, Florida, said parcel being more particularly described as follows:
Commence at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street; thence N 44°59'53" E along the said
Northwesterly Right-of-Way Line of Newton Street for 150.09 feet to the platted Right-of-Way Line
of Eisenhower Drive and the Point of Beginning; thence continue N 44°59'53" E along the said
Northwesterly Right-of-Way Line of Newton Street for 35.26 feet to the Southwesterly Right-of-Way
line of Eisenhower Drive as existing and constructed; thence N 44045'07" W along the said
Southwesterly Right-of-Way Line of Eisenhower Drive as existing and constructed for 98.90 feet;
then S 44°58'00"W for 29.48 feet to the platted Right-of-Way Line of Eisenhower Drive; thence N
41°24'22" E along the said platted Right-of-Way line of Eisenhower Drive for 99.02 feet to the said
Northwesterly Right-of-Way line of Newton Street and the Point of Beginning.
TOGETHER WITH AN EASEMENT OVER THE FOLLOWING PARCELS AS SET FORTH IN
OFFICIAL RECORD BOOK 2526, PAGE 884 OF THE OFFICIAL RECORDS OF MONROE
COUNTY, FLORIDA.
Parcel D: (Area between Platted R/W and Existing R/W):
A parcel of land on the Island of Key West, known as part of Lot 1 & Lot 2, of Square 1, Tract 7,
according to Albury's subdivision of Part of Tract 7, as recorded in Deed Book"I", Page 239, in the
Public Records of Monroe County, Florida, said parcel being more particularly described as follows:
Commence at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street; thence N 44059,53" E along the said
Northwesterly Right-of-Way Line of Newton Street for 150.09 feet to the platted Right-of-Way Line
of Eisenhower Drive and the Point of Beginning; thence continue N 44°59'53" E along the said
Northwesterly Right-of-Way Line of Newton Street for 35.26 feet to the Southwesterly Right-of-Way
line of Eisenhower Drive as existing and constructed; thence N 44045'07" W along the said
Southwesterly Right-of-Way Line of Eisenhower Drive as existing and constructed for 98.90 feet;
then S 44°58'00"W for 29.48 feet to the platted Right-of-Way Line of Eisenhower Drive; thence N
41°24'22" E along the said platted Right-of-Way line of Eisenhower Drive for 99.02 feet to the said
Northwesterly Right-of-Way line of Newton Street and the Point of Beginning.
Parcel E: (Area of encroachment between Platted R/W and Existing R/W):
A parcel of land on the Island of Key West, known as part of Lot 1 & Lot 2, of Square 1, Tract 7,
according to Albury's Subdivision of part of Tract 7, as recorded in Deed Book"I", Page 239, in the
Public Records of Monroe County, Florida, said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street; thence N 44059'53" E. along the said
Northwesterly Right of Way Line of Newton Street a distance of 185.35 feet to the Southwesterly
Right of Way Line of Eisenhower Drive as existing and constructed; thence N. 44045'07"W., along
4
52
said Southwesterly Right of Way Line of Eisenhower Drive, a distance of 86.86 feet to the Point of
Beginning; thence N 44*45'07"W., and continuing along the said Southwesterly Right of Way Line
of Eisenhower Drive a distance of 7.60 feet to the edge of a brick patio; thence meander a brick
patio; thence S. 47°40'32" W., a distance of 6.01 feet; thence S. 04°06'05" W., a distance of 2.35
feet; thence S. 32'06'23" W., a distance of 2.51 feet; thence S. 48*03 '45" W., a distance of 9.90
feet; thence N. 44°51 '41" W., a distance of 5.71 feet; thence S. 44°58'00" W., a distance of 9.37
feet to the platted Right of Way Line of Eisenhower Drive; thence S. 41024'22" E., along the said
platted Right of Way Line of Eisenhower Drive and thru a building a distance of 52.21 feet; thence
continue meandering a frame building, stairs and a porch; thence N. 45°11'10"E., a distance of
7.13 feet; thence N. 44o48'50"W., a distance of 9.40 feet; thence N. 45011'10" E., a distance of
1.85 feet; thence N. 44048'50" W., a distance of 5.28 feet; thence N. 45'11"0" E., a distance of
5.30 feet; thence S. 66049'20" E., a distance of 4.99 feet; thence N. 02°21'35" W., a distance of
8.30 feet; thence S. 62'06'10"W., a distance 4.99 feet; thence N.44048'50"W., a distance of 16.05
feet; thence S. 45011'10" W., a distance of 8.00 feet; thence N. 44048'50" W., a distance of 6.40
feet; thence N. 44053'28" E., a distance of 23.59 feet to the said Southwesterly Right of Way Line
of Eisenhower Drive as existing and constructed and the Point of Beginning.
Parcel F: (Area of encroachment, Building)
A parcel of land on the Island of Key West, known as part of Lot 1 & Lot 2, of Square 1, Tract 7,
according to Albury's subdivision of part of Tract 7, as recorded in Deed Book"I", Page 239, in the
Public Records of Monroe County, Florida,said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street; thence N 44'59'53" E. along the said
Northwesterly Right of Way Line of Newton Street a distance of 150.09 feet to a platted
Southwesterly Right of Way Line of Eisenhower Drive; thence N 41°24'22" W., along the said
platted Southwesterly Right of Way Line of Eisenhower Drive a distance of 86.86 feet to the outside
wall of a 1 story Frame Building and the Point of Beginning; thence meander the said building for
the following five (5) metes and bounds; (1) thence N 45'111'10" E., a distance of 7.13 feet; (2)
thence N 44*48'50" W, a distance of 9.40 feet; (3) thence N 45°11,10" E, a distance of 1.85 feet;
(4) thence N 44'48'50" W, a distance of 30.18 feet; (5) thence S 45'11'10" E, a distance of 6.62
feet to the said platted Southwesterly Right of Way Line of Eisenhower Drive; thence S 41'24'22"
E, along the said platted Southwesterly Right of Way Line of Eisenhower Drive a distance of 39.65
feet to the Point of Beginning.
Parcel G: (Area of encroachment, Wood deck)
A parcel of land on the Island of Key West, known as part of Lot 1 & Lot 2, of Square 1, Tract 7,
according to Albury's Subdivision of part of Tract 7, as recorded in Deed Book"I", Page 239, in the
Public Records of Monroe County, Florida,said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street; thence N 44°59'53" E along the said
Northwesterly Right of Way Line of Newton Street a distance of 150.09 feet to a platted
Southwesterly Right of Way Line of Eisenhower Drive;thence N.41°24'22"W,along the said platted
Southwesterly Right of Way Line of Eisenhower Drive a distance of 86.86 feet to the outside wall
of a 1 Story Frame Building; thence meander the said building for the following four(4) metes and
bounds; (1)thence N 45'11'10" E, a distance of 7.13 feet; (2) thence N 44048'50"W, a distance of
9.40 feet; (3) thence N 45'111'10" E, a distance of 1.85 feet; (4) thence N 44048'50"W, a distance
of 5.28 feet to a wood deck and the Point of Beginning; thence meander the said wood deck for the
following six(6) metes and bounds; (1)thence N 45'11'10" E, a distance of 5.30 feet; (2)thence S
66°49'20"E, a distance of 4.99 feet; (3) thence N 02°21'35" W, a distance of 8.30 feet; (4) thence
S 62°06'10" W, a distance of 4.99 feet; (5) thence N 44*48'50" W, a distance of 16.05 feet; (6)
thence S 45011'10" W, a distance of 8.00 feet to the outside wall of the said One Story Frame
Building; thence S 44°48'50" E, along the said outside wall of the building for 19.00 feet to the Point
of Beginning.
5
53
Le awl,,,,Descri ti9q.Examiner's Notes:
1. Benj. Albury's Diagram is recorded in Deed Book I, Page 389. Reference to Deed Book I, Page
239 herein, appears to be in error.
2. In Parcel "D", the call of N 41°24'22" E in both the lessout and easement legal descriptions
appears to be in error. It would appear that this call should run in a Southeasterly direction.
For avoidance of doubt, the rough s......t � �m......
ketch below is provided:
lay
� .�
.....
-716 t,'T`
� t
�-
a�/c-s-
5-&e�e4—
..............
A utu�e� � pay q tl,Sea trti .n�a ray r.
, Lewis
lyul r 2N/2-
54
�'YR,
ff ��p��9
Habftat for, Humanity
of Key West and Lower Florida Keys
471 Overseas Highway, Unit 102, Key West, FL 33040
August 28, 2024
Kristina Welburn is duly authorized by Habitat for Humanity of Key West and Lower FL
Keys, Inc., by and through its President Joseph Moody to execute contracts and other
legal documents on behalf of Habitat for Humanity of Key West and Lower FL Keys, Inc.
This authorization is valid as of August 28, 2024 and will remain in effect until revoked
by a currently seated President of Habitat for Humanity of Key West and Lower FL
Keys, Inc..
Joseph Moody
President
STATE OF FLORIDA
COUNTY OF K, -"
The foregoing instrument was acknowledged before me by means of --
physical presence or 0 online notarization, this day of " " 1 , , 202y by
0 06[ ' , President of Habitat for Humanity of Key West and Lower FL
Keys, Inc. a Florida (Not for profit / For profit) Corporation / LLC. He/She is personally
known to me/or has produced (type of identification) as
identification. y
Signature of Notary ublic
lNotary public state of Florida
y l;sirmlt
H Q113tk " , .. w
ffnr Print & Stamp Commissioned
s��„ trta �z ( p
Name of Notary Public)
55
W
L0
County of Monroe BOARD OF COUNTY COMMISSIONERS
r Mayor David Rice,District 4
°
The Florida Keys Mayor Pro Tem Craig Cates,District l
�� � � ��,�����
Michelle Coldiron,District 2
James K. Scholl,District 3
Holly Merrill Raschein,District 5
�INON, mioo� p01
County Commission Meeting ° I� ����„»��� (�"'I I
May 19, 2021
Agenda Item Summary #8033
_.,. nnnn .m _ ..... ...........
BULK ITEM: Yes DEPARTMENT: Social Services
TIME APPROXIMATE: STAFF CONTACT: Sheryl Graham (305) 292-4510
N/A
............... ................................................................. ......... ... ....._. ........ _.........................................
AGENDA ITEM WORDING: Approval of Land Use Restriction Agreement (LURA) for the
State Housing Initiatives Partnership (SHIP) Program for the purpose of guaranteeing a 15 year
affordability period for the "Eisenhower" property located on Eisenhower Drive, unit numbers: 712,
714, 716 #101, 716 #102, 716 #103, 716 #104, 716 #105; and on Pearl Street unit numbers: 703,
705, 707, 709 #101, 709 #201, in the City of Key West, FL 33040.
ITEM BACKGROUND: As a condition of receipt of the State Housing Initiatives Partnership
(SHIP) Program award, the eligible recipient of rental rehabilitation assistance must contractually
commit to comply with the affordable housing criteria provided under FS.420.907-420.9079
applicable to the affordable housing objectives of the award. The plan criteria adopted by the
County must prescribe the contractual obligations required to ensure compliance with award
conditions.
PREVIOUS RELEVANT BOCC ACTION: State Housing Initiatives Partnership (SHIP)
Program Local Housing Assistance Plan (LHAP) was approved on 4/15/2020 by the BOCC.
..................................... I...................................... ............................................................................................................................................................................
CONTRACT/AGREEMENT CHANGES:
NIA
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
LURA Backup
Eisenhower LURA 05 19 2021
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FINANCIAL IMPACT:
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__ ......_ . .................
.... ........ ...... ......... ,,,.�,,,,... . ...... ...
Effective Date: 05/19/2021
Expiration Date: 05/19/2036
Total Dollar Value of Contract: 0
Total Cost to County: 0
Current Year Portion: 0
Budgeted: 0
Source of Funds: N/A
CPI: 0
Indirect Costs: 0
Estimated Ongoing Costs Not Included in above dollar amounts: 0
Revenue Producing: 0 If yes, amount: N/A
Grant: N/A
County Match: 0
Insurance Required: No
Additional Details: No
REVIEWED BY:
Sheryl Graham Completed 05/04/2021 1:35 PM
Pedro Mercado Completed 05/04/2021 4:13 PM
Purchasing Completed 05/04/2021 4:14 PM
Budget and Finance Completed 05/04/2021 5:13 PM
Maria Slavik Completed 05/04/2021 5:16 PM
Liz Yongue Completed 05/04/2021 5:27 PM
Board of County Commissioners Completed 05/19/2021 9:00 AM
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MONROE COUNTY STATE HOUSING INITIATIVES
PARTNERHIP PROGRAM (SHIP)
LAND USE RESTRICTION AGREEMENT_(LURA)
EISENHOWER
This LAND USE RESTRICTION AGREEMENT (LURA) (hereinafter called the
"Agreement") is made and entered into as of this 19Eh day of May, 2021 between THE HOUSING
AUTHORITY OF THE CITY OF KEY WEST, FLORIDA, (hereinafter called the "Owner") and
MONROE COUNTY, a political subdivision of the State of Florida (hereinafter called the "County")
and HABITAT FOR HUMANITY.OF KEY WEST AND LOWER FLORIDA KEYS (hereinafter
called the"Operator").
WITNESETH
WHEREAS, the County approved funding for THE HOUSING AUTHORITY OF THE
CITY OF KEY WEST,FLORIDA, and HABITAT FOR HUMANITY OF KEY WEST AND
LOWER FLORIDA KEYS through the County's State Housing Initiatives Partnership Program
(SHIP) for the purpose of rehabilitating "EISENHOWER" a property/facility located in Monroe
County, Florida on Eisenhower Drive, unit numbers: 712, 714, 716 #101, 716 #102, 716 #103, 716
#104, 716 #105, and on Pearl Street unit numbers 703, 705, 707, 709 #101, 709 #201, in the City of
Key West, Florida, 33040 and the legal description as follows:
A parcel ofland on the Island of Key West, known aspart ofLot 1&Lot 2, ofSquare I, Tract 7,
according to Albury's subdivision ofpart of Tract 7,as recorded in Deed Book 7',Page 239, in the Public
Records of Monroe County, Florida, said parcel being more particularly described as follows:
COMMENCE at the intersection of the Northeasterly Right of Way Line of Pearl Street and the
Northwesterly Right of Way Line of Newton Street;thence N 445953"Ealong the said Northwesterly Right
of Way Line of Newton Street for 150.09 feet to the platted Right of Way Line of Eisenhower Drive and the
Point of Beginning; thence continue N44°59'53"Ealong the said Northwesterly Right of Way Line of
Newton Street for 35.26 feet to the Southwesterly Right of Way Line of Eisenhower Drive as existing and
constructed;thence N 44°45'07"W along the said Southwesterly Right of Way Line of Eisenhower Drive as
existing and constructed for 98.90 feet;thence S 44°58'00"W for 29.48 feet to the platted Right of Way Line
of Eisenhower Drive;thence N 41°2422"E long the said platted Right of Way Line of Eisenhower Drive
for 99.02 feet to the said Northwesterly Right of Way Line of Newton Street and the Point of Beginning.
WHEREAS, the County has agreed under certain conditions to issue a deferred forgivable
loan using SHIP funds to provide financing for preservation of affordable rental housing for very low
and low-income persons located at the "EISENHOWER"property in Monroe County, Key West
Florida,to be occupied by eligible persons as described Article 1.1 of the Agreement.
WHEREAS, in addition to any other requirements the County may impose incident to its
mortgage, the Owner has agreed that all housing units shall be leased, rented or made available on a
continuous basis for rental to very low and low-income persons as described in Article 1.2 of the
Agreement.
WHEREAS, this Land Use Restrictinn is inte.ndi-d to ena„re that the nrnnarty hp „—d in
accordance with the SHIP program. Doc#2391777 Skk 3194 Pg#1442
R"ord�A 9.16,'2022 4-12 Plot P'aer 'I of 5,
Filed and Recorded m Official Records of
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NOW, THEREFORE, in consideration of the mutual covenants set forth herein and other good
and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the
County and the Owner do hereby contract and agree as follows:
AGREEMENT
ARTICLE I. RENTAL HOUSING RESTRICTIONS
1.1 Occupancy
One hundred percent (100%) of the housing units must be set-aside for occupants who
upon initial occupancy of both units must have annual gross incomes equal to or below
eighty percent (80%) for the Monroe County, Metropolitan Statistical Area (MSA), as
determined by the US Department of Housing and Urban Development (HUD) on an
annual basis.
1.2 Income/Eligibility
The SPONSOR shall determine and verify the income eligibility of tenants in accordance
with HUD Section 8 housing assistance programs in 24 CFR Part 5 for the Project.
Income shall be calculated by annualizing verified sources of income for the household
as the amount of income to be received by a household, during the 12 months, following
the effective date of the determination. The Annual Gross Income, as defined in Section
420.9071(4), F.S., must be used and the SHIP Program income limits cannot be
exceeded. The Owner shall maintain complete and accurate income records pertaining to
each tenant occupying a SHIP assisted unit. Onsite inspection as will be conducted
annually upon reasonable prior written notice to verify compliance with tenant income,
rents, and the minimum property standards as stated in Section 420.907-420.9079,
Florida Statutes and Rule 67-37, Florida Administrative Code, as they may be amended
from time to time.
1.3 SHIP Affordability
All housing units are subject to affordability limits established for SHIP assisted rental
units on an annual basis.
1.4 Long-term Affordability
The SHIP funds are subject to recapture during the affordability period if the property is
sold, transferred, etc. If the property is offered for sale prior to the end of the
affordability period, the Property shall be subject to the right of first refusal for purchase
at the current market value minus the grant award by eligible nonprofit organizations that
would provide continued occupancy by 80%and below AMI tenants. The Housing
Authority of the City of Key West, Florida shall have ninety (90) days from the date of
notification of intent to sell to identify an eligible non-profit.
1.5 Housing Standards
Rental Units assisted with SHIP funds shall be maintained in compliance with local
building code requirements for the duration of the affordability period. The Owner shall
cooperate with the County by allowing on-site inspection of SHIP assisted units for
compliance with local code requirements.
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ARTICLE II. CONSIDERATION
The County has authorized and issued a deferred forgivable loan to the Owner as an inducement
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to the Owner to operate the units in the Project for the benefit of low-income households whose
incomes are equal to or less than eighty (80%) percent of median annual gross income for the
Monroe County, Metropolitan Statistical Area(MSA), as determined by the US Department of
Housing and Urban Development(HUD) on an annual basis, for a period of fifteen (I5)years
following completion of the Project. In consideration of the issuance of the loan by the County
for the foregoing purposes, the County and Owner have entered into this Agreement.
ARTICLE III. RELIANCE
In performing its duties hereunder, the County may rely upon statements and certifications of the
Owner, believed to be genuine and to have been executed by the proper person or persons, and
upon audits of the books and records of the Owner pertaining to occupancy of the Project. In
addition, the Florida Housing Finance Corporation may consult with counsel, and the opinion of
such counsel shall be full and complete authorization and protection with respect to any action
taken or suffered by the County in good faith and in conformity with the opinion of such counsel.
The Owner may rely upon certification of low-income households reasonably believed to be
genuine and to have been executed by the proper person or persons.
ARTICLE IV. TERM
This Agreement shall become effective upon its execution and shall remain in full force and effect
for a period of fifteen(15)years from the date of the completion of the rehabilitation of the Project
as confirmed by final inspection by the building department and/or issuance of a final certification
of occupancy.
ARTICLE V. INSURANCE
The Owner shall insure the property for the full replacement cost for the duration of the Land Use
Restriction Agreement. Any such policy must be issued by a company acceptable to the County,
include the County as an additional insured and provide for at least thirty (30) days notice prior to
cancellation.
ARTICLE VI. DAMAGE, DESTRUCTION OF THE PROJECT
Subject to the superior rights of the holder of any first mortgage, in the event that the Project is
damaged or destroyed, the Owner shall deposit with the County any insurance proceeds and shall
promptly commence to rebuild,replace,repair or restore the Project in such manner as is consistent
with the Loan Documents. The County shall make any such insurance proceeds available to
provide funds for such restoration work. In the event the Owner fails to commence or to complete
the rebuilding, repair, replacement or restoration of the Project after notice from the County, the
County shall have the right, in addition to any other remedies granted in the Loan Documents or
at law or in equity, to repair, restore, rebuild or replace the Project so as to prevent the occurrence
of a default hereunder.
ARTICLE VII. SALE, TRANSFER OR REFINANCING OF THE PROJECT OR
DISSOLUTION OF CORPORATION
The loan for the Project hereunder as to both principal and interest shall be assumable upon project
sale, transfer or refinancing or dissolution of the Owner's Corporation if the proposed Owner of
the Project is an eligible nonprofit organization (approved by the County) and agrees to maintain
all set asides and other requirements of the SHIP Loan Documents for the period originally
specified.
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In the event the above-stated conditions are not met, the loan for the Project hereunder as to both
principal and interest shall be due in full upon the sale, transfer or refinancing of the Project.
Notwithstanding, payment of principal and interest in full, these restrictions shall remain in full
force and effect for the term of this Agreement.
ARTICLE VIII. ENFORCEMENT/DEFAULT
The benefits of this Agreement shall inure to, and may be enforced by the COUNTY for the
duration of the Agreement, whether or not the COUNTY shall continue to be the holder of the
Mortgage,whether or not the Project loan may be paid in full,and whether or not any bonds issued
for the purpose of providing funds for the project are outstanding. The SPONSOR warrants that
it has not, and will not, execute any other agreement with provisions contradictory to, or in
opposition to, the provisions hereof, and that, in any event,the requirements of this Agreement are
paramount and controlling as to the rights and obligations herein set forth and supersede any other
requirements in conflict herewith. However, this shall not preclude the COUNTY from
subordinating its loan to construction financing.
If the Owner defaults in the performance of its obligations under this Agreement or breaches any
covenant, agreement or warranty of the Owner set forth in this Agreement, and if such default
remains uncured for a period of thirty (30) days after notice thereof shall have been given by the
County to the Owner (or for an extended period approved by the County if such default stated in
such notice can be corrected, but not within such thirty (30) day period, and if the Owner
commences such correction within such thirty (30) day period, and thereafter diligently pursues
the same to completion within such extended period),then the County may take any lawful action,
whether for specific performance of any covenant in this Agreement or such other remedy as may
be deemed most effective by the County to enforce the obligations of the Owner with respect to
the Project. If a default by the Owner under this Agreement is not timely cured, the County may
institute foreclosure proceedings against the Project, but only as provided in the Mortgage.
Notwithstanding any of the foregoing,the County will have the right to seek specific performance
of any of the covenants and requirements of this Agreement concerning the rehabilitation and
operation of the Project.
ARTICLE IX. RECORDING AND FILING
Upon execution and delivery by the parties hereto, the County shall cause this Agreement and all
amendments and supplements hereto to be recorded and filed in the official public records of
Monroe County.
ARTICLE X. COVENANTS TO RUN WITH THE LAND
This Agreement and the covenants contained herein shall run with the land and shall bind, and the
benefits shall inure to, respectively,the Owner and the County and their respective successors and
assigns during the Term of this Agreement.
ARTICLE XI. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the State of
Florida, with respect to both substantive rights and with respect to procedures and remedies.
f ARTICLE XII. ATTORNEY'S FEES AND COSTS
In the event of any legal action to enforce the terms of this Agreement, each party shall bear its
own attorney's fees and costs.
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ARTICLE XIII. NOTICE AND EFFECT
Any notice required to be given hereunder shall be given by personal delivery, by registered mail
or by registered expedited service at the addresses specified below or at such other addresses as
may be specified in writing by the parties hereto, and any such notice shall be deemed received on
the date of delivery if by personal delivery or expedited delivery service, or upon actual receipt if
sent by registered mail.
FOR THE COUNTY FOR THE OWNER
Robert Shillinger, Esq. THE HOUSING AUTHORITY OF THE
County Attorney CITY OF KEY WEST, FLORIDA
1111 121h Street, Suite 408 1400 Kennedy Drive
Key West, FL 33040 Key West, FL 33040
(305) 292-3470
ATTEST:
KEVIN MADOK, CPA, CLERK BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA
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(SEAL) : t
THE USI�N.,S �TY OF THE CITY
OF KE" '"
r UTHm
!ROE OOUN ATTORNEY(
P ED RM
and Sterlin I xe cutive Director
AssIsTA
Date ... .. '..: Dat 23 27,
HABITAT FOR HUMANITY OF KEY WEST
AND LOWER KEYS
C ., 7
By. Kristina Welburn, Executive Director
Date: ,, " ;
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AcvRo® CERTIFICATE OF LIABILITY INSURANCEDATE(MMIMM"
11/02/202o2/2ozx
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS
p' CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES
BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED
REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER.
IMPORTANT: If the certificate holder Is an ADDITIONAL INSURED,the policy(ies)must be endorsed. If SUBROGATION IS WANED, subject to
the terms and conditions of the policy,certain policies may require an endorsement. A statement on this certificate does not confer rights to the
certificate holder In lieu of such endorsements.
PRODUCER NAME: Lockton Affinity, LLC
Lockton Affinity, I,LC PH NE AC No:913-652-3967
E-MAIL
P. O. Box 673401 A®
Kanaas City, M0 64187-3401 INSVRERS AFFORDING COVERAGE HAIC*
INSURER A.Act Anmrican insurance Co. 2266*1
INSURED INSURER B
Habitat for Humanity of Key West
and Lower Florida Keys, Inc. INsuRERCI
PO Box 5873 -INSURER 0
Key West, FL 33045 INSURERE:
INSURER F:
COVERAGES CERTIFICATE NUMBER: REVISION NUMBER:
THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD
INDICATED. NOTWITHSTANDING ANY REQUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS
CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,
EXCLUSIONS AND CONDITIONS OF SUCH POLICIES.LIMITS SHOWN MAY HAVE BEEN REDUCED BYPAIDCAAMS.
I LT R TYPE OF INSURANCE POLICY NUMBER M YY MM1D LIMITS
LT
A X COMMERCIAL GENERAL LIABILITY y GL1064565-21 04/02/2021 04/01/2022 EACHOCCURRENCE $1,000,000
CLAIIMS-MADE �]OCCUR / ry PREMISES Ea a�urronce $1,000,000
MED EXP(Any one person) $0
111 PERSONAL 8 ADV INJURY $1,000,000
GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE $2,000,000
7CPOLICY I JR L PRODUCTS-COMPa P AGG $2 000 000
OTHER: $
AUTOMOBILE LIABILITY s
Ea aceklanl
.. ANY AUTO
BODILY INJURY(Per person) $
ALLOWNED SCHEDULED BODILY INJURY(Per accident) $
AUTOS AUTNONO.OWNED PROPERTY DAMAGE $
HIRED AUTOS AUTOS er amdent
UMBRELLA LIAB OCCUR EACHOCCURRENCE $
EXCESS LtAB CLAIMS-MADE AGGREGATE $
DED RET ON$ $
WORKERS COMPENSATION PER H
AND EMPLOYERS LIABILITY Y 1 N STATUTE ER
ANY PROPRIETORIPARTNERIEXECUTIVE ❑ NIA E.L EACH ACCIDENT $
OFFICERIMEMBER EXCLUDED?
(Mandatory in NH) E.L DISEASE-EA EMPLOY $
II yyeoss d ibo under
OERIPTION OF O TIONS E.L.DISEASE•POLICY LIMIT $
DESCRIPTION OF OPERATIONS 1 LOCATIONS I VEHICLES(ACORD 101,Additional Remarks Schedule,may be attached K more Co Is requl )
Certificate Holder is Additional Insured as Reapeate to Written Contract.
CERTIFICATE HOLDER CANCELLATION
1064565
Monroe County BOCC SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE
E EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN
500 Whitehead Street ACCORDANCE WITH THE POLICY PROVISIONS.
Key West, FL 33040
AUTHO RS T TIV
(D19 - 014 ACORD CORPORATION. All rights reserved.
ACORD 25(201101) The ACORD name and logo are registered arks of ACORD
39481662 1064565
d,
tta
HABITAT FOR HUMANITY AFFILIATE INSURANCE PROGRAM
PROPERTY SCHEDULE COVERAGE SUNUMLARY
Account#: 1064565
Habitat for Humanity of Key West and Lower Florida Keys, Inc.
04/01/2022
Business Income Limit in excess of $250,000 $428,305
Computer(EDP)Limit in excess of $50,000 $0
Employee Theft in excess of$100,000 $0
Contractors Equipment Limit in excess of$25,000 $0
Tools Limit in excess of$2,500 $20,000
Number of Trailers 0
Trailer Value $0
Trailer Contents Value $0
Other Contents Value 0
Statement Qf Va111eS //
i/iri
Location 0 Type Address Building Contents Inventory
1001 Tenant Occupied 716 Eisenhower Drive,Building 1 Key 750,000
West FL 33040
1002 Tenant Occupied 716 Eisenhower Drive,Building 2 Key 430,000
l West FL 33040
1003 Tenant Occupied 716 Eisenhower Drive,Building 3 Key 100,000
West FL 33040
1301 Tenant Occupied 5530 3rd Avenue,Apt. 1 Stock Island FL 620,000
33040
1302 Tenant Occupied 5530 3rd Avenue,Apt.2 Stock Island FL 620,000
33040
1303 Tenant Occupied 5530 3rd Avenue,Apt.3 Stock Island FL 620,000
33040
2101 Tenant Occupied 29172 Rose Drive Big Pine Key FL 33043 300,000
2201 Office 471 Overseas Highway Big Coppitt Key 1,088,590 20,000
FL 33040
2901 Warehouse I 1 I Overseas Hwy**GL Only** Key 0 0 0
West FL 33040
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LOCKTON AFFINITY LLC
10895 LOWELL AVE STE 300
It, OVERLAND PARK,KS 86210
Mail To :
Agent: LOCKTON AFFINITY LLC
LOCKTON AFFINITY LLC
10895 LOWELL AVE STE 300
II"1111'Inrr�Il!!lr11��'��I'III 'II'II11lI��"H�I�i'!'IIII'!I� OVERLAND PARK,KS66210
HFH KEY WEST (913)652-7500
PO BOX 5873
KEY WEST,FL 33045 5873
RENEWAL NOTICE
Your flood insurance policy will expire on 10118/2021.Please r
follow renewal instructions on the remittance coupon below.
This pokey contains a 25%credit for community floodplain
management activities.
Policy Number: 87048816602019
Policy Expiration Date: 10118/2021
Loan Number; NIA APPROVED BY RISK MANAGEMENT
Billing Date. 08M9/2021
Payor Insured 3
Insured Property Location : ®ATE 6 2 20
716 EISENHOWER DFI BLDG 1 WAVER FU411111,,,,,a YES 0,
KEY WEST, FL 330400000
'aver is dptlone Coverage Amounts Deductibles Premium
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Building Contents 8ullding Contents
A.Current coverage 275,000.00 0.00 5,000.00 0,00 4,304.00
B.Increased coverage 302,500.00 0.00 6,000.00 000 4,864.00
This renewal offer is being made on behalf of Hartford Fire Insurance Company
Follow the instructions below to pay your renewal premium online with a credit card or electronic check.
... °°°°Visit https:/fTheNartford.Man
ageFlood.com and select 'Pay Renewal ffiOlrCline'°.
e Enter your policy information and follow the instructions to select your payment type and available coverage amounts if applicable.
e You will immediately receive a copy of your renewal declarations page.
See reverse of this notice for Important additional information
IF PAYING BY CHECK OR MONEY ORDER PLEASE DETACH HERE AND SEND THIS PORTION WITH YOUR PAYMENT
"u• Insured Name: HFH KEY WEST
TIN` I
Renewal Date: 1011812021
NAkTiORD PotIcy No 87048816602019
To Ray by dwck or money order; BIII ID: 17048125-1471 5916
• Make payment For the exact amount of the coverage option Select One: 00ption A Option S
$
you selected. 4,304 $4,864
e Full payment is required for the option selected. Amount Endoled: $ .00
e Write your policy number on your check or money order.
Return this portion in the attached return envelope.
Make check or money order payable to: Hartford Fire Insurance Company
1 PO BOX 913385
DENVER, CO 80291-3385
000017048125 000147145916 0
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LOCKTON AFFINITY LLC
10895 LOWELL AVE STE 300
� OVERLAND PARK,KS 66210
Mail To:
Agent: LOCKTON AFFINITY LLC
LOCKTON AFFINITY LLC
I r �lrlil a III us r aril n Ir 111114111111Ir III 10895 LOWELL AVE STE 300
1 1 II I� 1 1 �I I� 1 l i 1111 OVERLAND PARK,KS 66210
HFH KEY WEST (913)652-7500
PO BOX 5873
KEY WEST,FL 33045.5873
APPROVED BY RISK MANAGEMENT RENEWAL NOTICE
0 Your flood insurance policy will expire on 1 0/1 212 02 1. Please
follow renewal,instructions on the remittance coupon below.
B r',
DATE ���, �
WAVER NIA„nu 111,YES_ This policy contains a 25%credit for community floodplain
Policy Number: 87048816522019 management activities.
Policy Expiration Date: 10/12/2021
Loan Number: NIA
Billing Date: 08/14/2021
Payor: Insured
Insured Property Location :
716 EISENHOWER DR APT 2
KEY WEST,FL 330400000
1overage Optlone Coverage Amounts 'Deductibles Premium
Building Contents Building Contents
A.Current coverage 250.000,00 0.00 5,000.00 0.00 744,00
B.increased coverage N/A N/A NIA NIA NIA
This renewal offer is being made on behalf of Hartford Fire Bosurance Company
Follow the instructions below to pay your renewal premium online with a credit card or electronic check.
............................... ................ ................ .m..................mmw...._..........., mm m............................................. .
• Visit htgw.//TheH=WordMonageFlood.com and select""Pay RenewaV Online"
• Enter your policy information and follow the Ilnstructions to select your payment type and available coverage amounts if applicable
You ..a imme
diately receive a copy of your renewal declarations page„
Sao reverse of this notice for important
riant additional i m m ...�w _.. . ...
.....
„w A Information
IFPAYING BY CHECK OR MONEY ORDER PLEASE DETACH HERE AND SEND THIS m PORMON WITH YOUR PAYMENT,
Insured Name: HFH KEY WEST
�rrc Renewal Date: 10/1212021
H►err ° Policy No: 87048816522019
To pay by dieck or money order, 81II 10: 1 6894453-1 46973 1 42
• Make payment for the exact amount of the coverage option Select One: )Option A O option B
you selected. $744 N/A
• Full payment is required for the option selected. Amount Enclosed: $ .a0
• Write your policy number on your check or money order.
• Retum this portion in the attached return envelope.
Make check or money order payable to : Hartford Fire Insurance Company
PO BOX 913385
DENVER, CO 80291-3385
300016894453 000146973142 7
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HAffrorlo
,.- LOCKTON AFFINITY LLC
f 10895 LOWELL AVE STE 300
OVERLAND PARK,KS662W APPROVED BY RISK IYMANAGEME",ir
Mall To : DATE Z3 2U � ,
Agent : LOCKTON AFFINITY LLC
WAVER WA YES LOCKTON AFFINITY LLC
10895 LOWELL AVE STE 300
Ir�rrlllElrrrlllll` 'I'II" 'I'II"'��ll�l'll"'I'll�lll'1'IIIII� OVERLAND PARK,KS66210
HFH KEY WEST (913)652-7500
PO sox 5873
KEY WEST,FL 33045.5873
RENEWAL NOTICE
Your flood insurance policy will expire on 10/1 W2021,Please
follow renewal instructions on the remittance coupon below. LAI
This policy contains a 25%credit for community floodplain
management activities.
Policy Number: 87048816382019
Policy Expiration Date: 10/12/2021
Loaf~Number: NIA
Billing Date: 08/1412021
Payor: Insured
Insured Property Location :
716 EISENHOWER DR BLDG 3
KEY WEST, Ft_330400000
2overaga0ptlons Coverage Amounts Deductibles Premium
Building Contents Building Contents
A.Current coverage 93.200.00 0,00 5,000.00 0,00 1,307.00
B.Increased coverage 102,500.00 0.00 5.000.00 0,00 1.324„00
This renewal offer is being made on behalf of Hartford Fire Insurance Company
Follow the instructions below to pay your renewal premium online with a credit card or electronic check.
e Visit httpe-IfrhoHartford MonageFlood com and select"Pay Rene e.
walOnlin "
• Enter your policy nformation and follow the instructions to select your payment type and available coverage amounts if applicable.,
• You will immediately receive a copy of your renewai declarations page.
.,., ... ....._.-. . ......
See reverse of this notice for important additional information
IF PAYING BY CHECK OR MONEY ORDER PLEASE DETACH HERE AND SEND THIS PORTION WITH YOUR PAYMENT
Insured Name: HFH KEY WEST
Renewal Date: 10/12/2021
HA MON Polity No: . 87048816382019
To pray by check or money order: Bill ID: 16894451-146972543
a Make payment for the exact amount of the coverage option Select One: 0Option A O Option B$
you selected: 1,307 $1,324
• Full payment is required for the option selected. Amount Endo8ed• $ ,(�
+ Write your policy number on your check or money order.
0 Return this portion In the attached return envelope.
Make check or money order payable to: Hartford Fire Insurance Company
PO BOX 913385
DENVER, CO 80291-3385
000016894451 OD0146972543 5
eD
cfl
CERTIFICATE OF LIABILITY INSURANCE briiTQ 03101PA22 iICN�"M"AAAI
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPONMTHE CERTIFICATE HOLDER. THIS
CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES
BELOW, THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURERS(S), AUTHORIZED
REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE BOLDER.
IMPORTANT: If the certificate holder Isan ADDITIONAL INSURED,the policy(ies)must be endorsed. If SUBROGATION IS WAIVED,subject
the terms and conditions of the policy,certain policies may require an endorsement. A statement on this certificate does not confer rights to the
certificate holder in lieu of such endorsemenl(s).
PRODUCER "CONTACT
NAME:
Lockton Affinity,LLC A10N13„ -------------- ..I Aw ...
P.O.Box 073401 AIt NN Eri 81;8-ti53-9002 Arc Na
Kansas City,MO 64187-MOI
MORES& __
INSUREIIAi 8 AFFORDING COVERAGE _N_AIC--mm—
NSURER-A,�mACE American haurance Ca, m nay—
INSURED
for Humanity of Key West and II .,..,....mm..._.... . -...
INSURED ..... .1-------:_ACE_IPmu muntlp aiW Casureuu9 20ee9
ty y Lower Florida Keys,Inc cheator ._. �...._... .. .
y �NSURERt,WeetcMeMrFkslna.Co. 10030 "
POBox 5873 SURER......................................mm.,-, -'.m-.,� ......... ....
Key West,FL 33045 ........... _ _.._.
NSURER�Er
.......................................CERTIFiCAiTE.,.NUmMBmER. m,..,.,,n.. .,,...,..,,." ....�.........
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THIS IS TO CERTBFY THAT THE POLiCIIUm,'E TYIf' (INSURANCE LISTED BELOW HAVE BEEN (ISSUED TUT '@"HE INSUIIIRII::D IIAi,AIIFiI:D ABOVE FOR THE POLICY PI RIII0ID
INDICATED NOTWITHSTANDING ANY V'TI1F:Q,Il,111RIEIVMFNT, TERM OR CONDITION OF ANY A»:0;10^E1EiIRAG Il' iUR OTHER I111101T;IPIINAII:ENT WIT"11I RJI"„SPECT TO WHICH THII'Ero
CERT"IFICATE MAY BE IS&jED OR MAY'II'"ERTMIIN, THE INSURANCE AFFORDED BY TII°HE POLICIES DESCRIBE 101 II IIII.RIIE:IIN IS S U11BJlT"r„CT TO ALL THE TERMS
EXCLUSIONS AND CONDITIONS OIIF'SUCH P10111II..IIC°IIIII';$ LIMITS SHOWN MAY HAVE BEEN REIIID Up„TIED IIEY'PAID CLAIMS
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TR TYPE OF INSURANCE --- MR AAdC11 POLK:YNUMBER, �MMlDII 'AA'"A�m .EMNUDOI'rYY`L�.,..Im wUWTS .
Amm' „ GENERALLIA&LITYMMm "" 6L1od4555.22 04/0112022 04/01/2023 UmA o-tlCCrc,C.aUIIAHHENGE $1,000.000 -
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pA.UtiIMC^'RCIAL GENERAL LIABIdI.II'U"'yp HNC&C,IhAll II:oa+Krem:.0
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..�.�----.�.�.�.�.�.�.�.�.�--- ....... ��III cwll Au r A v INJURY =1 000 000..,
LuII IlwumREGATe....... 2Nm000 000 ........
—.rmd�EN�IPLAGGREGATELpIARAPPLIE511'"IF;:IP. N�IIA4':cVtl"pm's—GOMPl1 PAC:F;p S2,000,,,000
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................ ....,.,.�.,.. ......,.,.,.� ...,.,.,.,.,.,., ....,,,.,,,..,., ,.,.,...,.,..,,.,..
A,,OWNED SCIIFHC:D(RN.C.D
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NON.OWIIaNEID PROPERTY DAMAGE .,.,.,.,.,.,.,. _.,,.,,, .,,...,..,,,.,,.......,,.......,...
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B A iMBRELLALIAB % 6b0.I,q.pNJ UM1064565-22 M101/2022 04/01/2023 ACN CU14 4 RAk'NCN 1 000 ODO
LESS�„LIAR CLAIMS�MADIII'c: AIRlI ROVED BY RISK MANAGEIME.NT AGGREGATII $1 000N000
.. gE116I I .RErENTIGDN
Ott IEHSCOli1PEIIMNAA.TION„ H i 00 .,.,.,.,., , "... . Ey A"
,,,,,,,,,,,,,,,, '9 :N,.------ ---------.---._..--.-.--..--.-,
AO EMPLOYERS LIABILITY i IIPEAflfUFu 6 2 O """ oRY II HMITS R
NY PROPRIETORfPAR PNEP4Exp'Cigfil'NWC' ...^ .....,.,.M,. ... ..,,,.M ..
ON ... ...... .. ..... � WAVER WAS, 'YIIk.IT,�, E L EACH ACd"IDENT S
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MANDATORY IN NH)
P .1 q'Fasu liYHCs un�V.m' E.L..DISEASV-..FA H Mul�il�C'ti''lll,it
ESCRiPTION OF OPERATIONS bo f 4 E L DISEAS0. PCUH I4 A tl um41111
ll m mmi Builder s IIRlsk tii lDsases ism a la l Dz2 04/a /zozs limit S1mU,000,O1)0'
Special Fwrn Deductible $Per Schedule
Insurer A:Property Incl.Crime,Poliicy#PI'1064565-22,D4I01/2022-04101/2023,Limits Per Schedule on File with Lockton Affinity,LIIL
Insurer A:Directors&Officers Liability„Poliicy#D01 D64565-22,04/0112022-041011'2023,Umot:$1,06011000
Insurer A:Excess Directors 8 Officers Liability,Policy#DOX11064565-22,04101/2022-0410112023,Limit.$1,000.000
Insurer C:Volunteer Accident Medical Expense,Pollliiicy#ME01064565-22,04/01/2022-04101/2023,Limit:$250,000
Insurer C:Volunteer Disallbdity„Policy#DIS1064565-22 04101i 2022-04101/2023,Temporary Total Disability Limit:60%Salary
CERTIFICATEHOLDER_........._. ........p..".M.....m". .... _._..-.-.-.-.-.-.-.-.-.-.-.---.-.-.-.-.-CANCELLATION........._._............... .............................................
Proof of Coverage SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE
THE EXPIRATION DATE THEREOF,NOTICE INILL BE DELIVERED IN
ACCORDANCE MTN THE POLICY PROVISIONS
UTF(GRIZEC III PR"65ENTATIVE.............
_............................................--------------
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It ORIIO name and logo are registered marks of ke'd 1VC
1064565
Kevin Madok, cPA
Clerk of the Circuit Court& Comptroller—Monroe County, Florida
P,
DATE: September 16, 2022
TO: Sheryl Graham, Director
Social Services
ATTN: Kim Wilkes Wean, Sr. Administrator
Fiscal & Program Compliance
Lourdes Francis, Administrator
Marie Brouillette, Sr. Special Programs
Administrator
FROM: Painela G. Hanco k, .C.
SUBJECT: May 19, 2021 BOCC Meeting
Attached is a copy of tlic 161lowing item, which was resigned with original signatures and
recorded into the Official Records:
Cl Land Use Restriction Agreement for the State Housing Initiatives Partnership
Program for the purpose of guaranteeing a fifteen-year affordability period for property located
at 712 Eisenhower Drive, 714 Eisenhower Drive, 716 Eisenhower Drive, Unit 101, 716
Eisenhower Drive„ Unit 102, 716 Eisenhower Drive, Unit 103, 716 Eisenhower Drive, Unit 104,
716 Eisenhower Drive, Unit 105; and for property located at 703 Pearl Street, 705 Pearl Street,
707 Pearl Street„ 709 Pearl Street„ Unit 101, 709 Pearl Street, Unit 201 in the City of Key West,
Florida 33040.
T"he originally recorded instrument will be sent to Ms. Francis along with the recording lee
receipt. Should you have any questions please feel free to contact me at (305) 292-3550.
cc: HFH K. Welburn
MCHA R. Sterling
County Attorney
Finance
File
KEY WEST MARATHON PLANTATION KEY
500 Whitehead Street 3117 Overseas Highway 88770 Overseas Highway
Key West, Florida 33040 Marathon, Florida 33050 Plantation Key, Florida 33070
81,00
HARTFORD
LOCK I 11-ON AIF INI n(iL.i..c,
10895 11,0011 LL AVE STE 300
OVEII ANIL)PARK,KS 562 10
Mail To
Agent: LOCKTON AFFINITY LLC
LOCKTON AFFINITY LLC
10895 LOWELL AVE STE 300
OVERLAND PARK, KS 66210
HFH KEY WEST PO BOX 5873 (913)652-7500
KEY WEST FL 33045-5873
III 1111111 1 Jill 1 111111111-1-1.111111 RENEWAL NOTICE
Your flood insurance policy will expire 10/18/2024 Renewal
premium is required to renew your policy.
IMPORTANT.,Your policy currently receives an Annual Increase
Cap Discount of$6,321 If your policy lapses,you will lose the
Annual Increase Cap Discount and your premium will be higher
Policy Number - 8704881660,2019
Policy Expiration Date 10/18/2024 12:01 am
Loan Number: N/A
Notice Date 08/19/2024
Payor: Insured
Insured Property Location :
716 EISENHOWER DR BLDG 1
KEY WEST, FL 330400000
Coverage Options Coverage Amounts Deductibles Premium
Building Contents Building Contents
A Current coverage 275,000.00 N/A 5,000.00 N/A 5,77200
B.Increased coverage 303.000,00 N/A 5,000.00 NIA 6,020.00
This renewal offer is being made on behalf of Hartford Fire Insurance Company
Follow the instructions below to pay your renewal premium online with a credit card or electronic check.
• Visit https:I/TheHartford.ManageFlood.com and select"Make a Payment"-
..... ....• Enter your policy information and follow the instructions to select your payment type and available coverage amounts if applicable.
• You will immediately receive a copy of your renewal declarations page,
........................ ......
....................... .............. ...... . .. .. .. . ............
See reverse of this notice for important additional information
IF PAYING BY CHECK OR MONEY ORDER PLEASE DETACH HERE AND SEND THIS PORTION WITH YOUR PAYMENT
Insured Name : Hfh Key West
Renewal Date : 10/18/2024
Policy No : 87048816602019
Bill ID 29543810-241790684
To pay by check or money order: Select One: (-_)Option A Option B
a Make payment for the exact amount of the coverage option
y $5,772 $6,020
you selected.
e Full payment is required for the option selected. Amount Enclosed: $
- 00 Write your policy number on your check or money order. 1.
* Return this portion in the attached return envelope.
Make check or money order payable to Hartford Fire Insurance Company
PO BOX 913385
DENVER, CO 80291-3385
000029543810 000241790684 4
70
mCKTOw AFFINITY uo
1u89nLoWeu AVE memm
OVERLAND PARK.x000u10
August 1O. 2O24
HFH KEY WEST
PO BOX 5873
KEY WEST, FL33U45-5873
IMPORTANT FLOOD INSURANCE POLICY INFORMATION
� Agent's Name: LOCKTON AFFINITY LLC
�
Agent'oAddneuo: 1O8Q5LOVVELL AVE GTE3OO. OVERLAND PARK, KS6821O
Re: |nsumd'm Namn: HFH KEYVVEST
� Policy Number: 8704881660
� Property Address: 718 EISENHOWER DRBLDG1
� KEY WEST, FL33U4O000O
�
� Dear Insured,
:
� This letter is to inform you that the Building Replacement Cost Value(BRCV)on file for the building or unit referenced
� above must now be updated.The National Flood |nmunenoo Program (NF|P) requires that the 8RCVbnevaluated every
� 3 years; it has been ai least 3 years since the BRCV has been updated.
�
� The BRCV as currently listed on the above-referenced policy is $1,200,000. The amount of building coverage on the
policy ia$275.00O.
You must provide the current BRCK including the cost of the foundation.
For an Other Residential Building, Non-Residential Building, and Non-Residential Unit the insurer must obtain the 8RCV
for the building (including the cost of the foundation)tomeet this requirement. The BRCV may ba obtained byusing
common industry practices.
If you have any questions about the information in this letter, please contact Patrick D Ofarrell at(913)652-7500.
cc-.Agent
71
� N
Tfl J ,
HAA111000
IOCKT ON AFF I NITY I LC
10895 LOWELL AVE S If E 300
OVERLAND PARK,KS 66210
Mail To :
Agent: LOCKTONAFFINITYLLC
LOCKTON AFFINITY LLC
10895 LOWELL AVE STE 300
HFH KEY WEST OVERLAND PARK,KS 66210
PO BOX 5873 (913)652-7500
KEY WEST FL 33045-5873
RENEWAL NOTICE
Your flood insurance policy will expire 10/12/2024.Renewal
premium is required to renew your policy. Al,"
IMPORTANT Your policy currently receives an Annual Increase
Cap Discount of$6.091,If your policy lapses,you will lose the
Policy Number: 87048816522019 Annual Increase Cap Discount and your premium will be higher.
Policy Expiration Date: 10/12/2024 12:01 am
Loan Number: N/A
Notice Date 08/1312024
Payor: Insured
Insured Property Location :
716 EISENHOWER DR APT 2
KEY WEST, FL 330400000
Coverage Options Coverage Amounts Deductibles Premium
Building Contents Building Contents
A.Current coverage 250,000-00 N/A 5,00000 N/A 1,026.00
B.Increased coverages N/A NIA N/A N/A N/A
This renewal offer is being made on behalf of Hartford Fire Insurance Company
Follow the instructions below to pay your renewal premium online with a credit card or electronic check.
e Visit hftps:/[TheHartford.ManageFlood.com and select"Make a Payment".
0 Enter your policy information and follow the instructions to select your payment type and available coverage amounts if applicable,
0 You will immediately receive a copy of your renewal declarations page
..........
See reverse of this notice for important additional information
IF PAYING BY CHECK OR MONEY ORDER PLEASE DETACH HERE AND SEND THIS PORTION WITH YOUR PAYMENT
Insured Name : Hfh Key West
Renewal Date : 10/12/2024
Policy No : 87048816522019
Bill ID 29514250-241506103
To pay by check or money order
Select One:
: )Option A Option B
a Make payment for the exact amount of the coverage option
you selected. $1,026 N/A
e Full payment is required for the option selected. Amount Enclosed: $
0 Write your policy number on your check or money order.
0 Return this portion in the attached return envelope.
Make check or money order payable to Hartford Fire Insurance Company
PO BOX 913385
DENVER, CO 80291-3385
000029514250 000241506103 9
72
aasu No
LOCKTON AFI;:1NI T-Y—I—C
108951(.)WF I I AN F S I 1:300
OVE71I1..AND PARK,KS 66210
Mail To
Agent: LOCKTON AFFINITY LLC
0, 01'4z", W, /,W), LOCKTON AFFINITY LLC
10895 LOWELL AVE STE 300
OVERLAND PARK,KS 66210
HFH KEY WEST PO BOX 5873 (913)652-7500
KEY WEST FL 33045-5873
I 1 1111111 Jill 1111111-11111111-1 RENEWAL NOTICE
Your flood insurance policy will expire 10/12/2024.Renewal
premium is required to renew your policy. Al�
IMPORTANT Your policy currently receives an Annual Increase
Cap Discount of$3.209.If your policy lapses,you will lose the
Policy Number 87048816382019 Annual Increase Cap Discount and your premium will be higher
Policy Expiration Date 10/12/2024 12:01 am
Loan Number: N/A
Notice Date 08/13/2024
Payer: Insured
Insured Property Location :
716 EISENHOWER DR BLDG 3
KEY WEST, FL 330400000
Coverage Options Coverage Amounts Deductibles Premium
Building Contents Building Contents
A Current coverage 94,000.00 N/A 5,000.00 NIA 1,960.00
B,Increased coverages 104,000.00 NIA 5,000.00 NIA 2.053.00
This renewal offer is being made on behalf of Hartford Fire Insurance Company
Follow the instructions below to pay your renewal premium online with a credit card or electronic check.
e Visit hftps:/fTheHartford.ManageFlood.com and select"Make a Payment",
e Enter your policy information and follow the instructions to select your payment type and available coverage amounts if applicable.
• You will immediately receive a copy of your renewal declarations page,
See reverse of this notice for important additional information
IF PAYING BY CHECK OR MONEY ORDER PLEASE DETACH HERE AND SEND THIS PORTION WITH YOUR PAYMENT
Insured Name: Hfh Key West
THC JRenewal Date: 10/12/2024
HARTFORD Policy No 87048816382019
Bill ID 29514253-241505383
To pay by check or money order:
- Make payment for the exact amount of the coverage option Select One: )Option A Option B
y $1,960 $2,053
you selected.
o Full payment is required for the option selected. Amount Enclosed: $
a Write your policy number on your check or money order. 1.00
* Return this portion in the attached return envelope
Make check or money order payable to Hartford Fire Insurance Company
PO BOX 913385
DENVER, CO 80291-3385
000029514253 000241505383 4
73
HABITAT FOR HUMANITY AFFILIATE INSURANCE PROGRAM
PROPERTYSCHEDULE COVERAGE SUMMARY
Account#: 1064565
Habitat for Humanity of Key West and Lower Florida Keys, Inc,
04/01/2024
Business Income Limit in excess of $250,000 $0
Computer(EDP)Limit in excess of $50,000 $0
Employee Theft in excess of$100,000 $0
Contractors Equipment Limit in excess of$25,000 $0
Tools Limit in excess of$2,500 $0
Number of Trailers 0
Trailer Value $0
Trailer Contents Value $0
Other Contents Value $0
. ..
Statement Of Value. .._...� .....�.......
s
Location# Type Address Building Contents Inventory
------ -----------
1001. Tenant Occupied . - -_._, ..... .....---
upied 716 Eisenhower Drive,Building 1 Key 795,675
West FL 33040
1002... ... --Tenant Occu p pied--7-16 Eisenhow.r Drive, .. - ------ ..,_. .. .. _......
.
e Building 2 Key 456,187
We
st FL 33040
1003 Tenant Occupied 716 Eisenhower Drive,Building 3 Key 106,090
West FL 33040
1301 Tenant Occupied 5530 3rd Avenue,Apt. 1 Stock F����F� --___ �--.........__..__._..........
k iL 657,758
33040
1302 ----------.... Tenant Occ. ____k_, -d....
........................ ..... -- ..
upied 5530 3rd Avenue,Apt.2 Stoc Islandd FL 657,758
.......------- -- —.. ...................
33040...
1303 Tenant Occupied 5530 3rd Avenue,Apt.3 Stock Island FL 657,758 -
33040
2201 Office 471 Overseas Highway Big Coppitt Ke
y 2,005,144 20,000
FL 33040
2901 Warehouse... �. ...e ......--- ..._, ..�_ n..
1 i 1 Overseas Hwy**GL Only ** Key 0 0 (1
West FL 33040
74
Insured Affiliate: Habitat for Humanity of Key West and Lower Florida Keys, Inc. Account#: 1064S6S
m.,......m e.,
PROPERTY Policy#F10865426 012 Your coverage selection:Selected
m........... .......Description . . Limits Terms&Conditions
— .r___............................ ..... ...., _ .. .. _..
Blanket Buildings,Personal Property,Electronic Data Processing Property( Per Schedule on File Special Causes of Loss
EDP) with the Company Flood is excluded.
Earthquake is excluded
Deductible-See Attached Deductible
Maximum Blanket Limit per Affiliate-Puerto Rico $1,000,000 Schedule
Includes$2,500 Limit for Tools
Maximum Blanket Limit per Affiliate-All Other USA territories and $75,000 Includes$25,000 Limit for Contractors
possessions Equipment
Business Income with Extra Expense( IEE) $250,000 Includes$50,000 Limit for EDP Property
EDP BIEE Limitation-60 Days per
Business Income Loss of Utilities( IEE)Excluding Overhead Lines $50,000 Occurrence
Certified Acts of Terrorism Included
If a limit in excess of the program limits shown above is purchased for Business Income with Extra Expense,
p nse,the Contractors Equipment Limit and/
or the Tools Limit;the amended limit(s)will be shown on the Property Schedule Coverage Summary attached to this Certificate of Insurance,
Loss Payment Basis applicable to building and personal property(Other than inventory):Replacement Cost.
Loss Payment Basis a plicable to inventory:Actual Cash Value, _
Refer to the Policy for com fete terms,conditions limitations,definitions,and exclusions that will a2ply n the event of a loss.
RIME Polic #F10865426 012 Your coven a selection Selected
Description ----- Limits Terms&Conditions
--�... ....W� a ----__ .m...... -.
Employee Theft $100,000 Aggregate Limits apply separately to each Affiliate.
Money&Securities-Inside&Outside the $10,000 Per Occurrence
Premises Employee Theft Coverage is extended to include Employee
Money Orders&Counterfeit Paper Currency $10,000 Per Occurrence Welfare and Pension Plans
Depositors'Forgery $10,000 Aggregate
Credit Card Forgery $10,000 Aggregate
Deductible $5,000 Per Occurrence
If limits in excess of the program limits shown above are purchased for the Crime Coverage the amended limit(s)will be shown on the Property
Schedule Coverage Sum�..attached to this Certificate of Insurance.
........excl will apply m the event of a to
Refer to the Policy for comFete terms conditions limitations,definitions and exclusions that ppy.i loss.
BUILDERS'RISK Policy#108497904 012 Your coverage selection:Selected
Description - m mmITITmmmmmmmm ........._......._... _. -W- Limits Terms&Condition p _ s
Construction Works-Any One Affiliate Residential Projects $10,000,000 Special Causes of Loss -
Construction Works-Any One Commercial Project Reported&Approved Project Flood is excluded.
Value Earth Movement is excluded
Deductible-See Attached Deductible
Construction Works-Puerto Rico $1,000,000 Schedule
Construction Works-All Other USA territories and possessions $125,000 Soft Costs Waiting Period-7 Days
Soft Costs $100,000 Certified Acts of Terrorism Coverage
Included
The program limits shown above are maximum limits.Coverage is further subject ect to,and the limits������ ______�will not exceed,
the completed values reported
to Lockton Affinity, LLC.
All Commercial Construction Works must be reported to Lockton Affinity,LLC prior to Construction Start Date and approved by the
company.
Commercial Construction is defined as1)Any building to be occupied for other than personal residences,and 2)Any building to be occupied for
personal residence greater than 10 units and any construction project of multiple buildings with more than 15 units.
The sub-limits shown above for Puerto Rico and All Other USA territories and possessions are per occurrence,all affiliates combined,
.... _...w_----- ......------_ ------_ ..1...m.....
Refer tot
he Policy for complete terms,conditions limitations,definitions,and exclusions that will apply in the event of a loss
h9}rcoi(Al I Page 3
75
Insured Affiliate: Habitat for Humanity of Key West and Lower Florida Keys, Inc. Account#: 1064565
HABITAT FOR HUMANITY AFFILIATE INSURANCE PROGRAM
PROPERTY AND BUILDERS RISK DEDUCTIBLE SCHEDULE
Coverage Direct Damage BIEE Waiting
Part Location Deductible Period Covered Cause of Loss
-----.... ........ ............. ..... ________
Property All Locations $5,000 48 Hrs
All Covered Causes of Loss
�,
p dstorm or Hail.
---- �.., __�,n_ ce t Win......
Property& All Locations See Table Below See Table Windstorm or Hail
Builders Risk Below
......--- --- .... ..._.�n �n___ .. .._,., ......... .......... ........ _._
Newly Acquired Premises or Newly
Property Acquired or Constructed Property 3% 3% Windstorm or Hail
Location is Reported to Lockton Until - .— .,��. w .................. ...... ...
Residential Projects All Locations $5,000 7 Days Soft
Builders Risk Costs All Covered Causes of Loss.
(BR) Lo Commercial
Projects
ject &tLreporte.. 7 Days Soft except Windstorm or Hail.
to — -._
kton
d
$10,000 ater
Costs
Property&Builders Risk Wind _... P Y--- _._ ... ......... —.......
or Hail Deductible Table
*The Wind or Hail Deductible will be determined by multiplying the property values insured by the percentage shown below.The
Minimum Wind or Hail Deductible is$10,000 unless otherwise shown.
.. --------- ���,������..
PROPERTY& BR
BUILDERS PROPERTY SOFT
TIER COUNTIES RISK DIRECT BI COSTS
DAMAGE WAITING WAITIN
DEDUCTIBLE PERIOD G
PERIOD
--- - ........ ------------
AL 1s`Tier Counties Baldwin Mobile 5/0 96 hrs. 7 Days
..�........
AL 1s`Tier Counties Baldwin Mobile 5/0 96 hrs 7 Days
..... ......
AL 2nd Tier Counties CI _ hi 72 hrs 7 D y Clarke,Covint�ton,_Escam ia,Geneva,Monroe Washington 3% __ _
FL 1s'Tier Counties Bay,Brevard,Broward,Charlotte,Citrus,Collier,Dade,Dixie, 5% 96 hrs 7 Days
Duval,Escambia,Flagler,Franklin,Gulf,Hernando,
Hillsborough,Indian River,Jefferson,Lee,Levy,Manatee,
Martin,Monroe,Nassau,Okaloosa,Palm Beach,Pasco,
Pinellas,Santa Rosa,Sarasota,St.Johns,St.Lucie,Taylor,
Volusia,Walton,and Wakulla
------ .,... —
FL 2 d Tier Counties Remainder of State 3% 72 hrs. 7 Days
_ y �?!!.�.... ... �72 Firs.
7 Days
GA 1st Tier Counties Bryan,Camden Chatham GI nn Liber McIntosh 4%
GA ... ...2 d Tier Counties Brantley,Chariton, g, Y hrs. 7 Days Effingham,Lon Wayne % 48 2
HI All 96 h rs 7 Days
Counties _ 5/o/ 50,000
LA 1 Tier Counties Cameron,Iberia,Lafourche,St.Mary,Terrebonne,Vermilion. 5% 96 hrs. 7 Days
s` s
Jefferson Orleans,Plaquemines,St.Bernard.
LA 2"d Tier Counties....... --- .� ------
Acadia,Assumption,Calcasieu,Jefferson Davis, 3/0 72 hrs. 7 Days
Lafayette,St.Charles,5t.Jamesy St Martin,St Tammany mm ......... ..... ------- ---._...._ ... �.,
ies
sr I River,St on 5% 72 hrs 7 Days ..I
'Cou
— oroe,Pear m._ �.... ..
MS 2nd Tier Counties GenHarrison,Jacone 3/0 96 hrs 7 Da vs
NC 1s`Tier Counties Brunswick,Camden,Carteret,Currituck,Dare,Hyde,New 4% 72 hrs. 7 Days
Hanover,NC, Onslow,Pamlico,Pender. �....2"d Tier Counties Beaufort,-Colum_bus,Craven,Jones,Pasquotank,Perquimans, 2% 48 hrs. 7 Days
Tyrrell
SC 1s`Tier Counties Beaufort,Berkeley,Charleston,Colleton,Georgetown,Horry, 4% 72 hrs. 7 Days
Jas er
,,,.tTe'........ p q'- - .... %... ��
SC 2" Tier Counties Dor am ton Marron,Williamsbur 2 48 hrs 7 Days
d __
Chester,H
TX 1s'Tier Counties Aransas,Brazoria,Calhoun,Cameron,Chambers,Galveston, 5% 96 hrs. 7 Days
Kenedy,Kleberg,Jackson,Jefferson,Matagorda,Nueces,
Refugio,San Patricio,Willacym m... .....
TX 2"d Tier... ... ..� ��� �.._ ._ _____w. . �. .....
Counties Bee,Brooks,Fort Bend,Goliad,Hardin,Harris,Hidalgo,Jim 2%g 72 hrs. 7 Days
Wells,Liberty,Ora arton
VA 1s'Tier Counties Accomack,City of Virginia Beach Northhampton 1% 48 hrs 7 Days
VA 2nd Tier Counties Remainder of State m110,000 �48 h rs 7 Days
.. ....
Puerto Rico or Other U.S.Territories50,000 96 hrs 7 Days
an Possessions 5%l
..� ...� .......... ....... -------------- —_..... ...,....._.... QO 48 hrs — - days--
All Other States 15.0
hfhcoi oti I Page 7
76
Dal (MMfF7fd VY"X....
CERTIFICATE OF LIABILITY INSURANCE 0 3101/2 0 24
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICAT
E HOLDER. THIS
CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES
BELOW, THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURERS(S), AUTHORIZED
REPRESENTATIVE OR PRODUCER,AND THE CERTIF__IC__ATE HOLDER.
IMPORTANT: If the certificate holder Is an INSURED, the policy(i es must be en„dorsed. If SUBROGATION IS• WAIVED, subject to
the terms and conditions of the policy,certain policies may require an endorsement. A statement on this certificate does not confer rights to the
ndorsement s.
.... ..).. �. ..„.„..-— ... ... --------- _.„_ __� ............ ....
certificate holder In lieu o such e
PRODUCER ONTACT
AME:
Lockton Affinity,LLC SHONE AX "
P.O.Box 873401 APC_N Bxtj 888 553-9002 ArC�ara1
Kansas City,MO 64187-3401 -MAIL
DORE�S:
m.,.._
INSURER S AFFORDING COVERAGE
NSURER-A: ACE American Insurance Co. 22667
Habitat for Humanity of Key West and Lower Florida Keys,Inc. „'„'
. ...
, INSURED NSURER-B: ACE Pra�erty and Casualt 20699
__... ,.,,,. - ..... .. _
y y C• NSURER-C: Westchester Fire Ins.Co. 10030
PO Box 5873 NSUR - m_.
ER-D:
Key West,FL 33045 NsuRER.. .... ..... -- -...._...__..............._._._._. ...., .................-----
E:
_ NSURER-F: _
COVERAGES „ CERTIFICATE"NIVFIBER; — ----„'„„„„„„„„ REVISION NUMBER: — ..._ w. .............
THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERT OD
INDICATED, NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS
CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,
EXCLUSIONS AND CONDITIONS OF SUCH POLICIES LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID
—CLAIMS. . .......-FNSR . . AD_L U8R". OFF POLICY —
ExP
'LTR INSR D '
TYPE,OFINSURANCE-_, ......... ...... ....POLICY NUMBER____ .�MMIDDIYYYY�",,,,,,,,„.(MMIDDM/YY�. ...- ------ ,. .. .. LIMITS, "
A GENERAL LIABILITY GLE1064565-24 04/01/2024 04/01/2025 r:ACI-I OCCURREN(yr„„„„„ „„„�,,,,$1 000,000
DAMAGE TO RENTED
LyM4'
R('IAL GENERAL LIABILITY ccu PREMISES(E,s errence) $1 OOO 000
C1MMt
AI,L x OCCUR MED EXP JMypne person} $0
---___. -..._ .. ..
.,�_—.. __............... ..... PERSONAL&ADV INJURY $1,000 000
„"
. GPREIN,YEr)I.IACL7 SAG-GLRGIEIVGII�A'r4T7E $20,000
__,0
EN I AGGREGAI I:LIMI T APPLIES PER: _
...
AOU $2,000 0000 ..
L
L. _......---........µ.... ........................—--------- — ..,.,,,,,,,,,,,,, .... ... .,,_-... .....__.,',..$...... ........
COMBINED SINGLE LIMIT
„AUTOMOBILE LIABILITY Ea accident $
ANY AUTO BODILY INJURY Per Person $
ALL OrIED SCHEDULED „"",___w-,�,._____...�.-.. .... ...
AU TOS AUTOS BODILYINJURY Peraccident $
HIRED NON-OWNED PROPERTY DAMAGE
AUTOS AUTOS Per accident) $
B x �MHRrLI.A uAB x RRENCF $1 000 000
OCCUR UM1064565-24 -04/ � .. -Dl/2024 04/Ol/2025 EACH OCC'lJ
XCs uA6 CLAIMS MADE
_ rATF $1 000,000
ED RETENTION$10, 00 _ m
.., ...,..,__ ,,,,_...,�..._,._ .. .. '..____------------------�
�ORKERS COMPENSATION .�.�...."
AND EMPLOYERS'LIABILITY ER
NY PROPRIETOR/PARTNER/EXECUTIVE
IN
FFICERfLl M ER EXCLUDED
E"L,.EACH ACCIDENT $
MANDATORY IN NH)
f es describe under _ EL DISEASE—EA EMPLOYEE $
ESCRIPTION OF OPERATIONS below E L DISEASE—POLICY LIMIT $ _
A Builder's Risk BR1064565-24 04/01/2024 04/01/
"..".. _....... __._.. .... zozs
Limit $10,000,000
Special Form Deductible $Per Schedule
Insurer A:Insurer A:Property
Directors Incl.
Crime,
Officers Liability,olcPDI 106 565-2 04/01/2024-
04/01/2024-0 o -- __ .,,,,,,,,...
m ..
4/01/2025,Limits Per Schedule an File with Lockton Affinity,LLC
y 04/01/2025,Limit:$1 000,000
Insurer A:Excess Directors&Officers Liability,Policy#DOX11064565-24,04/01/2024-04/01/2025,Limit:$1,000,000
Insurer C:Volunteer Accident Medical Expense,Policy#MED1064565-24,04/01/2024-04/01/2025,Limit:$250,000
Insurer C:Volunteer Disability, Policy#DIS1064565-24,04/01/2024-04/01/2025,Temporary Total Disability Limit:60%Salary
.„CANCELLATIO
CERTIFICATE HOLDER N
Proof of Coverage SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE
THE EXPIRATION DATE THEREOF,NOTICE WILL BE DELIVERED IN
ACCORDANCE WITH THE POLICY PROVISIONS
................................----- -_____„
AUTHORIZED REPRESENTATIVE
P"
ACORD 25 20"f 0/05 The ACORD name aand logo are registered imarks of ACORD
1064565
77