Okaloosa County BOCC — November 4, 2014 — Purchase & Sale Agreement — reading text

construed in accordance with the laws of the State of Florida. The parties hereto consent to jurisdiction and venue in Okaloosa County, Florida, and agree that such jurisdiction and venue shall be sole and exclusive for any and all actions or disputes related to this Agreement or any related instruments. 24. COUNTERPARTS. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 25. INTERPRETATION. Whenever the context hereof shall so require, the singular shall include the plural, the male gender shall include the female gender and neuter and vice versa. This Agreement and any related instruments shall not be construed more strictly against one party than against the other by virtue of the fact that initial drafts were made and prepared by counsel for one of the parties, it being recognized that this Agreement and any related instruments are the product of extensive negotiations between the parties hereto and that both parties hereto have contributed substantially and materially to the final preparation of this Agreement and all related instruments. 26. ORGANIZATION AND AUTHORITY OF PARTIES. Seller and Purchaser represent each to the other that it is duly organized, validly existing and authorized to do business in the State of Florida and has full power and authority to enter into and perform this Agreement, all related instruments and the documentation contemplated hereby and thereby in accordance with their respective terms and that delivery and performance of this Agreement, all related instruments and the documentation contemplated hereby and thereby has been duly authorized by all necessary action. 27. ATTORNEY'S FEES AND COSTS. In the event of any litigation between the parties arising out of this Agreement or the collection of any funds due Purchaser or Seller pursuant to this Agreement, the prevailing party shall be entitled to recover from the non-prevailing party all costs incurred, including without limitation reasonable attorneys’ and paralegals’ fees and costs, whether such fees and costs are incurred at trial, on appeal or in any bankruptcy proceedings. THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK. 10 Purchaser _(U_ Seller SELLER: Fa Witn # to Seller Andreas Versteegh a Director, Haiseal Timber, Inc. Aw Day Printed Name Date signed by Seller Golt—__ Witness as to Seller SATISH DHOLE Printed Name STATE OF LAdac Sta , rept As ) COUNTY OF ) ) CSECw ow SWORN TO and subscribed before me this day of November, 2014, by Awytsacs\ Vs5tes Vk in his or her capacity as wy) @ect> of the Seller. Such personts) (Notary Public must check applicable box): is/are personally known to me. produced a current driver license(s). h<L_ produced Gass ext as identification. AT TED (NOTARY PUBLIC SEAL) Sarla Jai: Notory Pu. 2B] I0]})4 Notary Public Seerer Bao bee (Printed, Typed or Stamped Name of Notary Public Commission No.: My Commission Expires: nm ATTEST: OKALOOSA COUNTY, FLORIDA BY ITS BOARD OF COUNTY COMMISSIONERS By: Charles K. Windes, Jr., Chairman JD Peacock, II Clerk Ad Interim APPROVED AS TO FORM: Gregory Stewart, Esq. County Attorney. Date Executed: 12 EXHIBIT A Description of the Property Parcel 1 Beginning at the Southeast corner of Section 35, Township 3 North, Range 23 West, Okaloosa County, Florida; thence N88°44'28"W 2655.33 feet along the South line of said Section 35; thence departing said South Section line NO2°35'48"E 2070.26 feet; thence S89°14'19"E 2634.80 feet to a point on the East line of said Section 35; thence along said East Section line S02°01'03"W 2092.76 feet to the Point of Beginning. Contains 126.36 Acres, More or Less. Parcel 2 Beginning at the Northeast corner of Section 2, Township 2 North, Range 23 West, Okaloosa County, Florida; thence S02°56'15"E 1561.51 feet along the East line of said Section 2 ; thence continue $02°56'15"E 100.00 feet more or less to a point on the centerline of Titi Creek; thence departing said Section line meander Westerly along said centerline 2144 feet more or less; thence departing said centerline NO2°56'15"W 100.00 feet more or less; thence continue NO2°56'15"W 1336.48 feet to a point ‘on the North line of said Section 2; thence S89°21'32"E along said North Section line 1343.40 feet to the Point of Beginning. Contains 42.40 Acres, More or Less. Parcel 3 Beginning at the Southwest corner of Section 35, Township 3 North, Range 23 West, Okaloosa County, Florida; thence N00°49'01"W 829.18 feet along the West line of said Section 35; thence departing said West Section line S88°48'35"E 867.00 feet; thence NO0°49'01"W 483.81 feet; thence S88°48'35"E 476.94 feet; thence S00°05'59"E 1315.20 feet to a point on the South line of said Section 35; thence along said South Section line N88°41'38"W 1327.57 feet to the Point of Beginning. Contains 30.64 Acres, More or Less, Parcel 4 Beginning at the Northwest corner of Section 2, Township 2 North, Range 23 West, Okaloosa County, Florida; thence $88°41'38"E 1327.57 feet along the North line of said Section 2 ; thence departing said North Section line S03°15'14"E 1052.54 feet; thence continue S03°15'14"E 100.00 feet more or Jess to a point on the centerline of Titi Creek; thence meander Westerly along said centerline 1909. feet, more or less to a point on the West line of said Section 2 that is S03°15'14"E of the Point of Beginning; thence departing said centerline and along said West Section line NO3°15"14"W 100.00 feet more or less; thence continue N03°15"14"W 1095.18 feet to the Point of Beginning. Contains 32.96 Acres, More or Less. 13 Parcel S Beginning at the Northeast corner of Section 3, Township 2 North, Range 23 West, Okaloosa County, Florida; thence $03°15'14"E 1095.18 feet along the East line of said Section 3; thence continue $03°15'14"E 100.00 feet + to a point on the centerline of Titi Creek; thence departing said East Section line and meandering Westerly along said centerline 4268.37 feet + to a point of intersection with the centerline of Shoal River; thence departing the centerline of Titi Creek and meandering Northerly along the centerline of Shoal River 358.20 feet +; thence departing the centerline of Shoal River N90°00'00"E 100.00 feet +; thence continue N90°00'00"E 319.59 feet; thence N57°40'30"E 2729.40 feet to the Point of Beginning. Contains 37.85 Acres, More or Less. Parcel 6 Commence at the Northwest corner of Section 3, Township 2 North, Range 23 West, Okaloosa County Florida; thence S$07°10'17"E 334.80 feet along the West line of said Section 3 to the Point of Beginning; thence departing said West Section line S87°59'25"E 658.87 feet; thence NO7°07'58"W 334.88 feet to a point on the North Section line of Said Section 3; thence along said North Section line S87°59'00"E 660.92 feet; thence continue along said North Section line S89°07'56"E 1797.51 feet; thence departing said North Section line $40°24'24"W 890.17 feet; thence S01°56'42"E 838.73 feet; thence N90°00'00"E 121.72 feet; thence continue N90°00'00"E 100.00 feet + to a point on the centerline of Shoal River; thence meander Southerly along said centerline 322.63 feet +; thence departing said centerline $05°12'02"E 100.00 feet +: thence continue S05°12'02"E 1373.48 feet to the Southeast corner of the Northeast 1/4 of the Southwest comer of said Section 3; thence N87°57'49"W 1826.12 feet; thence continue N87°57'49"W 100.00 feet + to a point on the centerline of Shoal River; thence meander the centerline of Shoal River Westerly 967.57 feet + to a point on the West line of said Section 3; thence departing said centerline and along said West Section line NO7°0S5'56"W 200.00 feet +; thence continue NO7°05'56"W 3208.45 feet to the Point of Beginning. Contains 195.66 Acres, More or Less. Parcel 7 The East 1/2 of the Southeast 1/4 of Section 27, Township 3 North, Range 23 West lying South of Interstate #10 more particularly described as follows; Beginning at the Southeast corner of Section 27, Township 3 North, Range 23 West, Okaloosa County, Florida; thence N86°55'35"W 1319.68 feet along the South line of said section 27; thence departing said South section line NO1°39'28"E 1659.67 feet to a point on the South r/w line of Interstate #10; thence along said South r/w line S88°52'07"E 1320.00 feet; thence departing said South r/w line and along East line of said Section 27 S01°40'49"W 1704.40 feet to the Point of Beginning. Contains 50.96 Acres, More or Less. Parcel! 8 Beginning at the Southwest corner of Section 26, Township 3 North, Range 23 West, Okaloosa County, Florida; thence NO1°40'49"E along the West line of said Section 26 1704.40 feet to the South right of way line of Interstate #10 (r/w varies); thence departing said West Section line and along said South r/w line $88°52'07"E 1264.47 feet; thence departing said South r/w line S04°33'48"E 597.99 feet; thence 14 /V $14°47'48"W 1138.86 feet to a point on the South line of said Section 26; thence along said south Section line N89°00'40"W 1071.08 feet to the Point of Beginning. Contains 48.24 Acres, More or Less. Parcel 9 Commence at a Concrete monument (no LS#) marking the Southwest corner of Section 34, Township 3 North, Range 23 West, Okaloosa County Florida; thence S07°10'17"E 334.80 along the West line of said Section 34 to an Iron Pin (LS# 5024); thence departing said West Section line S87°59'25"E 658.87 feet to an Iron Pin (LS# 5024) ; thence NO7°07'58"W 334.88 feet to a point on the South Section line of Said Section 34 and an Iron Pin (LS# 5024); thence along said South Section line S87°59'00"E 660.92 to to an Iron Pin (LS# 5024) and the Point of Beginning; thence departing said South Section line NO2°38'13"E 659.61 feet to an Iron Pin (LS# 5024) ; thence N87°56'28"W 660.27 feet to an Iron Pin (LS# 5024) ; thence N02°20'40"E 659.36 feet to an Iron Pin (LS# 5024) ; thence N88°14'12"W 323.08 feet to a set Iron Pin (LS# 4028); thence NO2°20'40"E 1315.80 feet to a set Iron Pin (LS# 4028) and a point on the South line of an existing 150 foot wide Gulf Power Easement; thence along said South line N88°58'12"E 547.03 feet to an set Iron Pin (LS# 4028) ; thence departing said South line S03°05'59"W 599.23 feet to a Concrete Monument (LS# 7197) ; thence $87°36'21"E 299.10 feet to a Concrete Monument (LS# 7191); thence S03°05'56"W 660.40 feet to a Concrete Monument (LS# 7191) ; thence S86°56'22"E 654.12 feet to a Concrete Monument (LS# 7191); thence S03°03'40"W 659.93 feet to a Concrete Monument (LS# 7191); thence $86°54'07"E 654.71 feet to a Concrete Monument (LS# 7191); thence N03°02'36"E 2031.40 feet to a set Iron Pin (LS# 4028) and a point on said South Easement line; thence along said South Easement Line N88°58'12"E 2620.84 feet to a set Iron Pin (LS# 4028) ; thence departing said South Easement line S00°49'01"E 296.89 feet to a set Iron Pin (LS# 4028); thence S40°24'15"W 3259.84 feet to a set Iron Pin (LS# 4028) and a point on the South Section line of Said Section 34; thence along said South Section line N89°07'56"W 1797.51 feet to the Point of Beginning. Contains 168.39 Acres, More or Less. Parcel 10 Beginning at an Iron Pin marking the Northeast corner of Section 34, Township 3 North, Range 23 West Okaloosa County Florida; thence $00°49'01"E along the East line of said Section 34, 2261.15 feet; thence departing said Section line S88°58'12"W 2862.31 feet; thence N02°26'15"E 304.94 feet; thence $87°33'45"E 214.14 feet; thence NO2°53'31"E 203.46 feet; thence S87°06'29"E 263.70 feet; thence NO3°06'59"E 751.06 feet; thence S87°06'29"E 134.29 feet; thence N02°56'52"E 449.63 feet; thence N87°04'57"W 134.72 feet; thence N03°15'27"E 748.43 feet; thence S86°55'35"E 2226.21 feet to the Point of Beginning. Contains 127.01 Acres, More or Less. Parcel 11 omitted Parcel 12 Beginning at the Northwest corner of Section 35, Township 3 North, Range 23 West, Okaloosa County,