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877-Mutual Limited Release SJP MUTUAL LIMITED RELEASE RELATING TO CONSTRUCTION OF ST. JOHNS PARKWAY THIS RELEASE is intended to implement that provision in the First Amendment to the Agreement Between City of Sanford and Eoghan N. Kelley (Construction of St. Johns Parkway and Permanent Drainage Easement) dated March 28, 2001 which states that "[a]s a condition precedent to this Amendment, the parties to the Agreement, this Amendment, CPH (Conklin Porter and Holmes or CPH Engineers, Inc.), and Wal- Mart shall execute a mutually agreeable limited release expressly waiving and releasing any and all delay and/or impact claims arising from any delay to the commencement of the subject project due to the issues addressed by this Amendment." KNOW ALL MEN BY THESE PRESENTS: (A) The parties hereto recognize that the applicable signatures have been obtained relative to a limited release pertaining to Wal Mart and that, to that extent, the implementation of the remainder of the above-quoted provision has occurred. (B) The parties hereto desire to implement that portion of the remainder of the above-quoted provision that has not yet been implemented by virtue of the execution of this document. (C) The signatories hereof, in consideration of good and valuable consideration received, the receipt and sufficiency of which is hereby acknowledged, and in order to implement the remaining requirements of the above quoted provision, hereby remise, release, acquit, satisfy, indemnify, insure, hold harmless and forever discharge one another from and against any and all and manners of action and actions, causes, causes of action, suits, debts, dues, sums of money, accounts, reckonings, I bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, damages, costs, losses, injuries, pre and post-judgment interest, obligations, losses of services, expenses, compensation, judgments, executions, claims and demands whatsoever, in law or in equity, which any of the parties hereto now has, or ever has had, or which the said parties can, shall or may have against another of the parties hereto for, upon or by reason of any matter, cause or thing whatsoever, known and unknown, foreseen and unforeseen, direct or indirect, from the beginning of the world to the date this Release is executed, and including, but not limited to, all issues, causes, claims, counterclaims administrative claims, set-offs, and allegations which have been raised, could have been or can be raised at any time relative to any delay and/or impact claims arising from any delay to the commencement of the St. Johns Parkway road improvement project due to the issues addressed by the First Amendment to the Agreement Between City of Sanford and Eoghan N. Kelley (Construction of St. Johns Parkway and Permanent Drainage Easement). Nothing in this Release is intended to release any party from damages for future delays in construction of St. John's Parkway to the extent that such delays result from that party's failure to perform the terms of the Agreement and the Amendment, or from acts of that party unrelated to the obligations and transactions covered in the Agreement and Amendment. Furthermore, execution of this Release shall not create or be construed as evidence of any duty on the part of any party for the timely construction of or for impacts to the construction of the St. Johns Parkway. IN WITNESS WHEREOF, the parties have caused these presents to be executed in manner and form sufficient to bind them as of the dates set forth below. 2 STATE OF FLORIDA SWORN TO AND SUBSCRIBED before me this day of ,/~g~('~c, 2003, by Signatu~ of Notary Public Print'/t~ype, ~r)Bt..am..p. Commissioned Nam~f Not,try Public YULEYMA SECHREST Personally Known OR Produced Identification ,~y comm. exp. Dec.°l15,Fl°rtde Comm. No. CC895760 Type of Identification Produced ATTEST: CITY Of SANFORD R. Dougherty, GAy Clerkly (CITY SEAL) For the use and reliance of City of Sanford only. Approved as to form and legal sufficiency. City Attorney SWORN TO AND SUBSCRIBED before me this day of /Z~-/'£~n~ ~/2003, by / Personally Known Name of Notary Public OR Produced Identification Type of Identification Produced sioned 4 "TRUSTEE" SEMINOLE FARMS TRUST IV Witn~ess ~-"Witness Ha~ld G. Hartsock; Trustee STATE OF FLORIDA COUNTY OF ~ '--'¢~_J3~/~O/e SWORN TO AN~D SUBSCRIBED before me this day of /?/4/~,~/1--, 2003, by S~.n~tur~. ¢ Notary Public Personally Known Type of Identification Produced Print, Type, or Stamp Commissioned Name of Notary Public YULEYMA SECHREST OR Produced Identification Notary Pu~llc, Slale 0~ Flodd~ C0~nm. No. CC895760 "KASTNER" THE ESTATE OF VIOLA KASTNER Harol'~ G. Harts~b'k, Su'c~essor Personal Representative STATE OF FLORIDA COUN OF SWORN TO. AND SUB. SCRIBED before me this day of /~O)"Q~ , 2003, by Si~?ature?~ Notary P~lic / Personally Known V OR Produced Identification Type of Identification Produced Print, Type, or Stamp Commissioned Name of Notary Public YUt. EYMA SECHREST M/mmm. exp. Dec. 15, 200~ Corem No. CC895760 6 Signed, sealed and delivered in the presence of: Witness CPH ENGINEERS, INC. STATE OF FLORIDA COUNTY OF '~.~[ }(flbrr~L [~S-V~N TO ,AND SUBSCRIBED before me this ..., y of 003, by Iit,.,"' ~ '!~ MY COMMISSION # DD 157523 Ii II~:~,;~!~!~:,~ EXF~HES:Oc,oberl0,2006 II Si~dature of Notary Public '~' _~.?~.,~!(k..i Print, Type, or Stamp Commissioned X~.-.-.~- Name of Notary Public Personally Known ' ~" OR Produced Identification Type of Identification Produced