HomeMy WebLinkAboutDischarge of Ground Lease Agreement 02/19/2025 A
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Recorded 2/20/2025 11:34 AM Page 1 of 4
Prepared by and Return to:
Filed and Recorded in Official Records of
Gregory S.i Oropeza,Esq. MONROE COUNTY laviN 1VIADOK,CPA
Oropeza,Stones&Cardenas,PLLC
221 Simonton Street
Key West,'Florida 33040
DISCHARGE OF GROUND LEASE AGREEMENT
THIS DISCHARGE OF GROUNDLEASE AGREEMENT("Addendum")ismade this 160'4
day
of February, 2025 between SOUTH CLIFF HOLDINGS LLC, LLC, a Florida limited liability
company (the "Seller") and MONROE COUNTY, Florida, a political subdivision of the state of
Florida(the"Purchaser") and provides as follows:
RECITALS:
WHEREAS, the Seller and Buyer entered into that certain Purchase and Sale Agreement
dated August 12,2024("Contract")for the purchase and sale of the real property located at 95295
Overseas Highway, Key Largo, Florida (the "Property"), as more particularly described in the
Contract; and
WHEREAS the Contract contemplated a certainground lease agreement in connection
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with the 'Contract, however, the closing contemplated by the Contract did not occur and as such
the Contract was terminated in accordance with the terms and conditions of the Contract; and
WHEREAS, in connection with the termination of the Contract, the parties acknowledge
that certain Ground Lease Agreement recorded in Official Records Book 3288, Page 1200 Public
Records of Monroe County, Florida is no longer of any force and effect and the Parties desire to
place of record this Discharge of Ground Lease Agreement.
NOW THEREFORE,in consideration of the foregoing premises, the mutual promises set
forth herein and other good and valuable consideration, Seller and Buyer agree to the following:
1. Discharge of Ground Lease Agreement. The Parties hereby terminate, discharge
and release that certain Ground Lease Agreement dated August 12,2024, and recorded on August
13, 2024, in Official Records Book 3288, Page 1200 Public records of Monroe County, Florida.
The Ground Lease Agreement is hereby of no further force and effect.
2. Execution by Counterpart. This Addendum may be executed in one or more
counterparts, each of which shall be deemed an original and both of which taken together shall
constitute one and the same instrument. Any party may execute Addendum, by facsimile or
electronic signature, and in such event, the other party shall be entitled to rely on such facsimile
or electronic signature as evidence that such party has duly executed this Addendum. Either party
executing this Addendum by facsimile or electronic signature shall immediately forward to the
other party an original signature page by overnight mail.
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EXECUTED as of the date written below each signature in several counterparts, each of
which shall be deemed an original, but all of which constitute only one agreement.
SELLER:
SOUTH CLIFF HOLDINGS LLC, a Florida limited liability
company
By:
Name: Francisco J. Pla
Title: Authorized Member
Dated: (2,z;
STATE OF FLO D A
COUNTY OF lee)Nie0C
•
The foregoing instrument was acknowledged before me, by means of[ hysical presence or [� 6J / day ]
online notarization this • O� of
Fei,ruciur-,/ ,2025,by Francisco J.Pla as Authorized Member
of Suth Cliff H ldings LLC, a Florida limited liability company who is j ovally kno to me or
has produced as identification.
[Notary Seal]
Signature of 'otary Pu• is
4,4
rinted Name of Notary
d�•
MyCommission Expires:p '7
,,, RUTH ANN BENNETT
f
} Notary PUbRRc-State of FI,o,ritia
l 202
ttiti v uigpl National Nam tI
c +:.WRJ ..s. ;S"P Y..1•,'„i's+j`:''M� i'ft"t' .�� i y
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SOUTH CLIFF HOLDINGS LLC, a Florida limited liability
company
R 12,,,ceLki
By:
Name: Richard C. Riehl
Title: Authorized Member
STATE OF FL4 TD
COUNTY OF 6
The foregoing instrument was acknowled:-d before me,_ by means of -P physical presence, or [
online notarization, this / day of rCrC�`- '"� , 2025, by Richard C. Riehl
as Authorized Member of South Cliff Holdings LL , a Florida limited liability company who is
na 1 Rercno to me or has produced as identification.
[Notary Seal] Za-
Signature of Notary Public
F r
a
Printed Name of Notary
My CommissionExpires:Ex ire : RUTH ANN BE 4NETT
• CO ,- Notary P bilk-State of Maria
`;Vt,V,SriV Co.mi snoa HlHI 11315754
V My,Conn Empires.full 3 f 21Y255
bRgiRd through gatiourafil NtitaryA5m,
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PURCHASER:
MONROE COUNTY, FLORIDA, a political subdivision of the
state of Florida
By: „
Ja s Scholl,Mayor
Dated: F.E-E5
APPROVED AS TO LEGAL SUFFICIENCY:
1,01-)5
Nathatia-M:'Ai:6E6f;'A§gigraiii-CoThanty-Attorney
MONROE COUN ATTORNEY
PJçOVED
--N
S TO.,'FpRM
ROBE T ,S1-IILLINGER.4R.
COU ATTORN
DATE: - •
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