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KOTELES ALEXANDER +
IRWIN J BLOCK
MITCHELL R BLOOM19ERG
GARY S BROOKS
JUOITH A 9URKE
B RUCE JAY COLAN
K EVfN M EMAS
GENE ESSNER
MARTIN FINE
MARK D. GROSSMAN
GERALDT HEFFERNAN
STEPHEN J HELFMAN
BURT 5 HELLMAN
SARA B HERALD
BERNARD JACOSSON
THEODORE KLEIN
HENRY LATIMER
MANUEL LU13EL
CAROL L. NORRIS
RE13EKAH J. POSTON
STANLEY B PRICE
JOSEPH H SEROTA
STUART L SIMON
KATHLEEN M WEBER
LINDA ANN WELLS
-ADMITTED IN TEXAS ONLY
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LAW OFFICES
FINE jACOB80N BLOCK KLEIN COLAN 8e SiMON, P. A.
P. 0 BOX 140600
.1401 OOUG LAS ROAD
MZAMI, FLORIDA 33I34
MIAMI (305) 446.2200 FORT LAUDERDALE OFFICE
13ROWAPO (305) 462.2226 SUITE 400
CABLE ADDRESS "MIAMILAW" 2300 EAST LAS OLAS BOULEVARD
TELEX 52-2726 FORT LAUDERDALE. FLORIDA 33301
TELECOPIER (305) A41.1711 (3 OS) 463.1744
Mr. Howard Gary
City Manager
City Hall
Dinner Key
Miami, FL 33133
Re:
Dear Mr. Gary:
PUMAIR REPLY TO:
M.IAIMI OFPICE
March 6, 1984
Miami World Trade Center Tower
Business considerations, as well
as internal
control
of
funding, at Dade Savings and Loan
Association ("Dade")
has
made it prudent that Dade transfer
its Lease of airspace
for
the Miami 14(-)r.ld Trade Center Tower
to CenTrust
Realty
and
Construction Co., a %STholl-y-owned
subsidiary of
Dade.
We
enclose a copy of the Assignment. Please note
the
provisions of Sections 3.2 and 3.3 of the
Assignment.
We recognize that the Assignment should have been
approved by the City in advance, but that would have meant
a delay in recording the Notice of Commencement and the start
of construction.
On behalf
presented to the
Commission will
we have, but the
were critical.
GE: sac
11276-015
Enclosure
of Dade,
Commission
understand
Assignment
cc: Mr. Vincent Grimm
Mr. Allan Poms
Miriam Maer, Esq.
Mr. David Paul
Mr. Edward L. Abbott
Bernard Jacobson, Esq.
Martin Fine, Esq.
we ask that the Assignment be
for its approval. We trust the
the need for our proceeding as
and the timing- ot,I its recording
'Very
rl�ly yours;l
G e Essner/
��C.i CJSS
C
= ASSIG14IIE11T OF LEASE
1. PARTIES.
The parties to this Assignment of Lease are:
1.1 DADE SAVINGS AND LOAN ASSOCIATION, a
Florida corporation, (Assignor); and
1.2 CenTrust REALTY A14D CONSTRUCTION COMPANY, a
Florida corporation, (Assignee).
2. SUBJECT MATTER.
2.1 Assignor is the owner and holder of the
tenant's interest under that certain Lease Agreement dated July
1, 1980 between the City of Miami, as Lessor and the Assignor,
as Lessee, recorded in Official Records Book 10820 at Page 1289
of the Public Records of Dade County, Florida (the Lease).
2.2 Assignor agrees to sell to Assignee and
Assignee agrees to purchase from Assignor all of the Assignor's
right, title and interest in and to said Lease, subject,
however, to all of the terms and conditions of this Assignment.
3. ASSIGNMENT.
3.1 For value
received, Assignor
does hereby
assign, transfer
and set over
unto Assignee all
right, title
and interest of
the Assignor
in and to the Lease
described in
Section 2.1 and
the Assignee
agrees to perform
all of the
obligations of
the Lease required to be performed
under the
Lease.
3.2 This Assigl)MC-nt- i.s ef.fect).vc aS Of NaEch 1,
1984 and is subject to approval by the L,es:or.
3. 3 1�otwi.th- tandi.ng this Acsi.gn„gent, the
Assignor shall remain fully bound to the Lessor with respect to
the obligations of the Lease to be performed by the Lessee.
4. WARRANTIES.
The Assignor represents and warrants to the
Assignee that:
4.1 The recitations contained in Section 2.1
are true.
4.2 The Lease is good and current standing as
to performance of the Lessor and Lessee.
4.3 And the Assignor fully warrants to the
Assignee the Assignor's title in the Lease.
ASSIGNOR:
Attest: Dade Savings and Loan Association.
-y
By: By: / flt
Secretary EXCUtive Vice President
This Instrument Prepared By:
GENE ESSNER Attorney
Fine, Jacobson, Block,
Klein, Colan & Simon, P. A.
2401 Douglas Road
P. 0, Box 340800
Miami, FL 53145
U
0
Attest:
ASSIGNEE:
CenTrust Realty and
Construction Company
By: By
Secretary V « President
STATE OF FLORIDA
COUNTY OF DADE
The foregoing instrument was acknowledged before me
this 2nd day of march, 1984 by Joel D. Ware
and 5d-w-a-r-a L. Abbott as Exec. Vice Presand Secretary
respectively of DADE SAVINGS AND LOAN ASSOCIATION, a Florida
corporation for the purposes therein expressed on behalf of the
corporation.
Notary Public
...... _ � - -- - . ..
My Commission Expires: `.y .I I1 ') ;;, r-„"ts 1,-
6G;..J.0 ihnu Gi;1MIL 11.S _ ln•�cn..ni1CK�
STATE OF FLORIDA
COUNTY OF DADE
The foregoing instrument was acknowledged before me
this 2nd day of March, 1984 by Edward L. Abbott
4 as Vice President 74i
respectively of CenTrust REALTY AI4D COI;STRUCTIOI3 C01,1PA11Y, a
Florida corporation for the purposes therein expressed on
behalf of the corporation.
Notary Public -
My Commission Expires:
2463B030184/ge/4
W2-