047-Consent to Assignment to Suncor Island Properties LTD (2)Ir1ROK 0188, amm W CIRCUIT CWRr
SE UMLE CMWY
BK 05254 PGS 12a9 -129
2 r� .n� Re�� To: CLERK% S * 2004051571
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Tide Insurance Closing Services RECtglD10 FEES EL30
9733 60 Stnd RECOND BY L Woodsy
PineEss Park, F1 3YM2
PARTIAL ASSIGNMENT OF LEASE
h a greement entered between SANFORD MMINA HOTEL
C01tPORA c Ohereinafter referred to as "Assignor" whose address
is 100 Not (lexander St., Mount Dora, Florida 32757, and SUNCOR
ISLAND PRO�PER LTD., hereinafter referred to as "Assignee ",
whose address� 50 N. Palmetto Ave., Sanford, FL 32771 and the
CITY OF SANFORD, F rida, whose address is P.O_ Box 178e, Sanford,
FL 32771.
WX 27WSSKTH
WHEREAS, Assignor the Lessee and owner of a leasehold
interest from the CITYOSANFORD (LANDLORD ), pursuant to a lease
dated the 11" day of May,, recorded in Official Records Book
3001, page 1920, Public Re, of Semino County, Florida, for
real property located in Se. County, Florida identified as
O1
follows:
Lots 2 and 3, SANFORD RIVE ROJECT, according to
the Plat thereof as recorded lat Book 14, Page 88 of
the Public Records of Seminol �� ty, Florida;
which is hereinafter referred to as t *'Lease "; and
WHEREAS, Assignor desires to sell Assignee desires to
Purchase a portion of the Lease as is more Vifically identified
herein.
Book5254 /Page1289 CFN #2004051571
WX THEREFORE for and in consideration of the sum of Ten and
No /100 Dollars ($10.00) and other good and valuable consideration,
received from or on behalf of Assignee, at or before the signing
and delivery of these presents, the receipt whereof is hereby
acknowl6x0ed, the parties agree as follows:
esignor does hereby grant, bargain, sell, assign,
transf ;t-ons et over unto Assignee and Assignee hereby accepts the
followin of the Lease identified as follows:
The portion of the Lease that relates to and
encumbers th :&RD owing described real property:
Lot 3, RIVBRFRONT PROJECT, according to the Plat
thereof as orded in Plat Book 14, Page 88 of the
Public Reco a f Seminole County, Florida, together with
that portio Lot 2, SANFORD RIVERFRONT PROJECT,
according to a lat thereof as recorded in Plat Book
14, Page 88 Public Records of Seminole County,
Florida, depic on the drawing attached hereto as
Exhibit "A " , with perpetual ingress and egress
easements over 'sting roadways on Lot 2 described
above for the ben of the property leasehold interest
being assigned her i.--
b. The rent obliOM owed to the City of Sanford that
relates to the portion of se being assigned o Assignee
above, which is 47% of the re pursuant to the Lease, which
Assignee does hereby assume and o pay.
2. Assignee assumes the re g terms of the Lease not
dealing with the urapportioned amouent and the remaining
property being leased to Assignor and the Lease. The remaining
assumed terms of the Lease combined witHzt portion of the Lease
being assigned hereby, shall constitute a i t lease between the
O
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Book5254 /Page1290 CFN #2004051571
Assignee and the City of Sanford.
3. By execution hereof, the City of Sanford agrees as
follows:
a. The City of Sanford consents to this Partial
Assignm of Lease.
The City of Sanford releases Assignor from the
obligg � z6' r to the portion of the Lease being assigned
hereby � Qrees that oniiy the Assignee is obligated for the
portion of R Lease s assigned hereby.
4. Ass shall continue to own that portion of the Lease
related to thllowing described property subject to the Lease:
Lot Q, SMI OUT PROJECT, according to the Plat
thereof as dad in Plat Hook 14, Page 88 of the
Public Recor Seminole County, Florida, less the
portion of Lo *drignee. icted on attached Exhibit " A " which
was assigned
Assignor reaffirms itsigations to the City of Sanford for the
portion of the Lease nc0 hereby. Specifically, but
without limitation, Assignonowledges its continuing obligation
to pay 53% of the rent due t to the Lease to the City of
Sanford and to comply with all 2 remaining terms of the Lease
not assigned hereby.
5. The parties hereto an�Xfi City of Sanford hereby
acknowledge that the obligations of ignor and the Assignee
to the City of Sanford are indepen nt of each other and are
limited to the portion of the Lease thah owns as a result of
this partial assignment and they are not ngent or related to
each other as to performance or default Lease by either
-3- �t n'L
Book5254 /Page1291 CFN #2004051571
Assignor or Assignee. In the event of default, the City of Sanford
will pursue its rights solely against the defaulting party and a
default by one shall not constitute a default by the other.
6. This agreement shall be binding upon and inure to the
benefit f the parties, their successors, assigns and personal
repr t ves.
I SS W98RROF, the parties have executed this partial
Q
assignme lease intending to be bound thereby on the dates
indicated ow their signature.
Sijgry�ture
J f,� L
e
Printed Signature
Sanf arina Hgte
Cor ra n
By:
Jam Barggren, r s nt
Da a March ';T
SUNCOR ISLRND PROPERTIES, LTD.
a Florida limited partnership
By and through its General
Partner, Suncor Island
mineral, Inc., Florida
CorporjjZn
iert L. Horian, President
�t N- Palmetto Ave.
a ord, FL 32771
DZC �s/Fharch : �J_,, n 2004.
0
Book5254 /Page1292 CFN #2004051571
ATTEST:
An Dougherty, ty C e
STATE OF ORIDA
COUNTY OF INO
CI
By:
Brady Lessar, , Mayor
Dated: March3e% 2004.
I�ER CERTIFY that on this day, before me, an officer duly
authors administer oaths and take acknowledgments, personally
appeared CC. BARRGREN, known to as to be the President of
Sanford Hotel Corporation, a Florida corporation, and the
person des in and who executed the foregoing instrument, and
he acknowl d executing the same in the presence of two
subscribing witn 4s freely and voluntarily under authority duly
vested in her aid corporation.
WITNESS my d official seal in the County and State last
aforesaid this of March,,2004
{affix notary seal) �/ 11 Not ub ic; tate o
int Name:
, ST
io ";`..',ytr 41YCOAIYISSIOµ
Q •� EXPM�
STATE OF FLORIDA } ''craw B
COUNTY OF SEMINOLE )
I HEREBY CERTIFY that on`
authorized to administer oath
appeared ROBERT L. BORIAN, as
INC., a Florida Corporation, G
SUNCOR ISLAND PROPERTIES, LTD.
known to me to be the pers
instrument, who is personally
as proof
acknowledged before me that he
freely and voluntarily for the
day, before me, an officer duly
ake acknowledgments, personally
dent Of SUNCOR ISLAND GSNSRAL,
Partner of and on behalf of
1 rida limited partnership,
Qs na ted inthe foregoing
me or who has produced
entif and who
the foregoing instrument
escribed therein.
WITNESS my hand.and official s
aforesaid thi day of March,
(Affix notary Seal)
-5-
Countv and State last
J. KNAMr
CNiDO20
nappy 17, 2007
e:,wa1„
Book5254 /Page1293 CFN #2004051571
Begin at the Northeasterly corner of Lot 2, SANFORD
RlwRBRONT PROJECT, according to the Plat thereof as
recorded in Plat Book 14, Page 88 of the Public Records
of Seminole County, Florida, and run N 69 degrees 16
W along the Northerly line of Said Lot 2. 147.12 feet;
thence leaving said Northerly line run S 19 degrees
51'25 W. 112.87 feet; thence run S 69 degrees 22'57" E.
92. k616 et to a point on the Easterly line of said Lot 2;
run N 45 degrees 40' 17" East along said Easterly
ane 4.29 feet to the Point of Beginning. Containing
1 squar feet or 0.3108 Acres.
O
O
Exhibit "An
�Pp
Book52541Page1294 CFN #2004051571