Fort Walton Beach Council agenda — 02-22-05 — reading text

AUBOAT LANDINO PHASE 1 A CONDOUINIUM Page 6  J 1~' ,, 0 frICIft IEORDS .. TI\;~;insl1u~ rcf18rcd by: l f\ t\ BK 2325 PO 2155 John T. Hmwnt P. A. 126 NE Hglin l)arkway FILE 11879711 Ra): Nav 13 2"' . 13: t4Pl1 F011 Wat o1( Be3c:b, FL 32548 NMI1 C. Brackint Clerk, Okaloosa Cnty Fl R50) 664- Zl05 DtId Doc S. -. -.... - - STATE OF ,,'I. ORII) A COUNTY OF C) KALOOSA c~ ctEMENT AGRREMr.NT GRANT OJ' lA.. INDr.Nl1TRE" lHlS tade unci entered intC)this b\. at day of ~ o ~ . 2001, by and b~ l\ Yeen THH FRHNCH DEVELOPMENT, INC.( Orantor), IA GRILL MAGNOJ.. OF FORT W AtTON IJEACtI. INC. ( Granr.ee). CITY OF FORT WAI. T ON BHACH, FLORIDA and REGIONS BANK (Lender), FORT WALTON BI-".. ACH, FI {) RfTJA. WHEREAS, Grantee ar~ Ci~ !' in fee simple and in possession of the real ('J'OpCrly morc panicutar1y dc~ ribcd in Islailtit " attached A'" hetctOj oM WUHfn1A~. Grantor is seized in Cee simple otthc parcels ofre31 propenY pS more pnrticul:u'ty dCiCrikd in E'Ibibit" r ft11xhcd hereto and which arc &ubjcet loa mortgage in f~ w(tr or r endcr; . imd WHEltEAS. Grantor ha. q agreed in co(U;jdcration of the sum ofSl0.00 and ot.m,,. good md vJluablc consi& ratiQn to gnmt to UrPnttc and all other persons claiming by, Lhrough 01 under Gr~lI~, its successors, assigns, tcnanLs_ liet= ns~, vi.~tl)! Of legal rcpresent4tive1I, a nonM CI cx'c:\u~ ivc cas~ mcnf ofri~ la() C. way over the real property described in Exhibit " 8", for the sc~ and in r expressed below; and tl,,~ mann.: pllrp() WHEREAS, CI1Y OF FOR.T WAI. TON BEACH, FT o,RIDA is an interested party pursuant to l"~ Chy of Fort Walton Heach Code of Ordinances, Chapter 20, Section 20- 74) 0 and r is au slcd rmrsuant to the ccrt3in aforementioned mortgage. Londc.: mtcr-=party Wn"NES ETH 1t pUTSunnt to this Agreemont and in consideration of the 5Um or S I 0.00 and other 11'\& good amJ abte considerauon, \he receipt of which i$ hereby acknowledged, Grantor grunts Yflh., unto Grantee and itA !tuc es OfS: met assigns and to all ' situated as abovccscribcd. D11d othcI9 the ir heirs, UTS an( l a..;~;~ suCCU-"~ s, a non- clusive e.~ casement and/ or ri(: hl- Or. way IlCTOSS, over and \\ pon the real pmpcrty described in Hxhibat " B" for u.. c; c as additional avai1ablc off-sUe roc tho businc. c; located s on Grnl1~' s reot property. The easement atea sbalt be lurking mrtil'tRi~ d Ami ",:\ rlccd for the p3rking ora minimum of ~ auh) m obi l e s and for the use oflhe mploy~cs ond C\lstomcr$ of Grantee and neither Grantee nM Grantor sholl obstruct passaae over, iS and :1CCCSS 1:n>: i! 10 the casemcnt area for the uses and herein. For all pmposcs a.~ purpose!; in, In" p:\rc~ J described in Ilxhibit." Au is lhc don1inant estate and parcels described in Exhibit & c~( J 4 ...  it fF1CUt. EQR)S .. BK 2325 PG 2156 are the subscrvicl\t eState. TO I1A vU AND TO nOlD the CiI!!~cnl or rigbt-of. way hereby granted unto Grantee, their heir.~.5UOCt.~nrs am] usigns. It is um1cr~I" od that the easement is gi\ ocn upon the express undastanding.and condition it m~y be used by Grmtnr and its tenant:J, Licensees, visitors.legal representative8. 8RSiCf)s Ih:\( and suc~ assors in conjunction with the u..~ of Grantee.their heirs.successors and as:tiuru and others sill1il~ ly sitU3k"d and their Ileirs. ! jucc~-: nrs and a.'& Signs. Grantor $f)( Cifically grant.~unto the CITY OF FORT WAT. TON BEACH the power to enforce $.'\id ca.t;emel1t for so long ~ said ca.c: cment exists pursuant to (he terms of this Grant of I.:~~Jnent t: Agrlc-mcnt. to this Agreement bmmIcss and to indemnify Urltntc.- c r;xpr~$~1y agrees to hold 1111 parlit;, said parties r" r any lillbHilY that might arise due: to the gr1lnbnc oftbis casement. or the use by Gran1ee. ils SttCtt..ssur, and a.~jgn5 of said cn.~ cnl during the existence of th~ ~ C" t. c;ured on Grnn~ c willlisl Gr.U\\Of a.r;an additional in. a12Y and all insurance policies ~ by f,. icant~ . Il is further w1derstood that Grantor, it successors or assigns, in on way will be bound to jn1J' rov~ maintain. c() I1Hlruct or rcpsir 21 ~ dWDY; nor docs Grantor, its successors or assigns tJme uny 1i3biHty or ~- ponsibi1ily a.-;~ 10 Grantcc, jts SUCCeSSors or a5.!;igns, or GUY person \J$in~ 1 the land by iors sUC<<:;! ami ~ Is:) express invitation.. or implitd, or by reason or any ~ in= conducted by Grantee, i~ ns, or otherwise. Futthcr Grantee ar.rec to repait and/or replace 01'\)'d~ iL~ t~) Gr;.mtor. s properlY ~n 8.~ lO ~ lore it to its original condition as of the dale or signing this grc~C1"~ nt. Gr;m~ agr~~ that nil privileges granted by certificates, pcnnits and Hcen.~ hereinafter to Grnn~ c by Ihe CITY Of FORT W ^1..' 1 ON DEACII FLORIDA shall immedintely he gr.\l 1cd k~d 31ld canceled upon termination or modification of rev() this Agrccmmt Ind the inability of GnlOt~ to previously oblaincd equivaI~ 1 complying replaceJnent parking that wowd hn\'~ n:1bl~ c,,- c to meet the City Code pro, isions applicable to OJ'Cl'alion of Grontee' s business. Grunll.: Grantee agr~ s \0 i~ lntely notify the CITY OF FOR.T WAtTON BEACH. Fr. ORH>A of : my modifications or tcrminntion ofthi5 Agreement and the terms thereof. Grantrc. ~~ ccs that in the event of the ~ oclUion cuncenation of certificates. permits and ncr' t,Gnmtee shall iInmtdiah: Ot1 orthe liccm~~s in accorduncc with this Agr~ ly et:aSe O~ bllsi ne;".. 1. In tbe ev~J1t nft~ br~ portion of this Agreement. me ( TrY OF FORT oilll)' b W ^ LtON DEAC1I. FLORID^. s1W l b:1ve standing and authority 10 enforce jts rrovi~;ons, which 1i~ Y result in U1C CITY inhtilOling D lccaJ ;Sctiou to enforce this A;rcement in which ~vent tnt' CITY 5h~ 1 tJl~ cntilled to recover rrnnl Gralltee the costs and expenses of such legal action t/  fF1CUl RECORDS .. BK 2325 PG 2157 l"1\hl~ 8rTOmcy' s fees. including r~~ a$( A~rccmcnt is a covenant running with the land for the parcel described in Exhibit fhis BA" and the ds described in Exbibit " ll", and this Agrcemc.~l shall be recorded i" the Publi~ pi\ n..' R.,,~()rdil f Oktlloos." 4> l C~ unLy, FJoridn. IN ss WI IEREOF. the rartic5 hcrew hnve set their hands and seats t.he wnm:: and da)' YL~ar t .