047-Partial Assignment to Suncor Island Properties LTDsaga and Rd= To:
Krsrtand ModdWP.A
Tile Imirance aodog services
9733 W Steed
Pumas Park, Fl 33782
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SK 05254 PGS CLERK %S 0 2004051571
PECUM 04IOL2M OEtMU PN
RECMINB FEES 8U0 „�✓
RECti M BY L VewUty Lt Y"
PARTIAL ASSIGNMENT OF LEASE
greement entered between SANFORD DUIRINA HOTEL
Ohereinafter referred to as "Assignor" whose address
is 100 NOW lexander St., Mount Dora, Florida 32757, and SIMCOR
ISLAND PROPSRT)YQ, LTD., hereinafter referred to as "Assignee ",
whose address ✓c �( / 1 {.�1�50 N. Palmetto Ave., Sanford, FL 32771 and the
CITY OF SANFORD, F rida, whose address is P.O. Box 178E, Sanford,
FL 32771.
WITNESSETH
WHEREAS, Assignor the Lessee and owner of a leasehold
interest from the CITY SANFORD (LANDLORD), pursuant to a lease
dated the 11" day of May,(IM, recorded in Official Records Book
3001, page 1920, Public Req of Seminole County, Florida, for
real property located in Se County, Florida identified as
O'
follows:
Lots 2 and 3, SANFORD RIVE ROJECT, according to
the Plat thereof as recorded lat Book 14, Page 98 of
the Public Records of Seminol � tty, Florida;
which is hereinafter referred to as tli�e_'>Lease "; and
WHEREAS, Assignor desires to sell Cb Assignee desires to
Purchase a portion of the Lease as is more n ifically identified
herein.
Yip
Book52541Page1289 CFN#2004051571
NOW 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
acknowl ed, the parties agree as follows:
Iq ssignor does hereby grant, bargain, sell, assign,
trans f set over unto Assignee and Assignee hereby accepts the
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followin bons of the Lease identified as follows:
The portion of the Lease that relates to and
encumbers th� lowing described real property:
Lot 3, 3 &RRD RIVERFRONT PROJECT, according to the Plat
thereof asorded is Plat Book 14, Page 86 of the
Public Recd f Seminole eminole 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
gxhibit , 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
b. The rent obl
relates to the portion of
above, which is 47% of the
Assignee does hereby assume and
owed to the City of Sanford that
e being assigned ro Assignee
pursuant to the Lease, which
2. Assignee assumes the
dealing with the urapportioned
pay.
terms of the Lease not
and the remaining
property being leased to Assignor undW the Lease. The remaining
assumed terms of the Lease combined wit tt portion of the Lease
being assigned hereby, shall constitute a t t lease between the
D
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Book52541Page1290 CFN #2004051571
Assignee and the City of Sanford.
3. By execution hereof,
follows:
the City of Sanford agrees as
a. The City of Sanford consents to this Partial
Assignm of Lease.
The City of Sanford releases Assignor from the
obliga related to the portion of the Lease being assigned
hereby � -grees that only the Assignee is obligated for the
portion of�t�e Lease assigned hereby.
4. As3v shall continue to own that portion of the Lease
related to thd: following described property subject to the Lease:
Lot 2, OUT PROJECT, according to the Plat
thereof as dad in Plat Book 14, Page 88 of the
Public Recor Seminole County, Florida, less the
portion of Lo acted on attached Exhibit "lit" which
to k i
was assigned gnee.
Assignor reaffirms itsigations to the City of Sanford for the
portion of the Lease n��*sigred hereby. Specifically, but
without limitation, Ass
to pay 53% of the rent due
Sanford and to comply with all
ledges its continuing obligation
nt to the Lease to the City of
remaining terms of the Lease
not assigned hereby.
5. The parties hereto an� City of Sanford hereby
acknowledge that the obligations of ignor and the Assignee
to the City of Sanford are indepen ht of each other and are
limited to the portion of the Lease tha Ce h 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
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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
rep' t 'ves.
I SS WHEREOF, the parties have executed this partial
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assignme lease intending to be bound thereby on the dates
indicated ,w t signature.
Wi�enesses: Sanf arina H to
cor ra n
By: i (A
ature Jam Bar�gren, r s nt
Da a March �;r2004.
Print Slonat /
r
nt Signature
SVNCOR ISLAND PROPERTIES, LTD.
a Florida limited partnership
By and through its General
Partner, Suncor Island
9 neral, Inc. Florida
orporaAiAn, ,
e
Printed Signature
obert L: Horian, President
1. Palmetto Ave.
ord, FL 32771
p arch : ?,1 f "'2004.
C
Book52541Page1292 CFN #2004051571
ATTEST:
x ? G �[.l ,
n Dougherty, ty C e k
CI O
By:
Brady Lessar, , Mayor
Dated: March-30, 2004.
STATE OF ORIDA )
COUNTY OF INOLE )
INCER CERTIFY that on this day, before me, an officer duly
authors administer oaths and take acknowledgments, personally
appeared pC. BARRGRBN, 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 >�s freely and voluntarily under authority duly
vested in her aid corporation.
WITNESS my e} -and official seal in the County and State last
aforesaid this 1 11 y of March, .2004
(affix notary seal) \'-/� Not ub ic; tate o
STATE OF FLORIDA )
COUNTY OF SEMINOLE ) /
int Name:
I HEREBY CERTIFY that on
authorized to administer oath
appeared ROBERT L. HORIAN, 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 I
WITNESS my hand -and official
aforesaid this ~ ) day of March,
(Affix notary Seal)
County _ and State last
at
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I.I
�N } X1%
happy 17, 2V
S yr' .ot tea,
•• g�pgr1T,20D►
day, before me, an officer duly
ake acknowledgments, personally
5 don
of SDHCOR ISLAND GENERAL,
Partner of and on behalf of
rida limited partnership,
/d nated in the foregoing
me or who has produced
d. tif t and who
the foregoing instrument
�o s escribed therein.
Book5254 /Page1293 CFN #2004051571
Begin at the Northeasterly corner of Lot 2, SANFORL
RIVERBRONT 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 16'45"
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
ine 6.29 feet to the Point of Beginning. Containing
1 squar feet or 0.3108 Acres.
O
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Exhibit "A"
Book52541Page1294 CFN #2004051571