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KIIU< fL MENENDEZ, ESQ,
CITY OF,mbotl
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Thrs Quit -Claim Deed, is n>atic Ilea I 'day of . v 6}1l i. 0G, by the City of Miami, a municipal
corperauon of :he State of Flo, ;du, whose post office address i; 444 S CV. 2'id Avenue, ,Miami, Florida
3 31 30, hereinafter called die "Grantor", to u0RG Development, L.L C:., a Florida limited liabilir>' cnmlr,,:,y,
whose address is 1717 North Rayshnre Drive, Suite 12,1, Nlia.mi, 13I0uida 33132, hereinafter called the
"Grantee".
WYilnessetl,: That the (;cantor, ter and in consideration of the sum of den Dollars 1510.00j and oilier
valuable consideration, the receipt or which is hereby acknowledged, does hereby remise. release, convey
and quit -claim unto the Grantee forever, all of the Grantor's right, title and interest in that certain land
situate in ,Miami -Dade County, Florida, hereineflerretcncd to as the "Property", to wit:
Lot 2, Block 10, ORCHARD VILLA EXTENSION, according to the Plat thereof as
recorded in YIDI book 17, at Page 55, of the Public Records of Dade County, Flo'idn
a.}:.n. 1253 N.W. 5g Terrace, Miami, Florida.
Subject to:
1. Conditions, restrictions, cusernena, limitations and reservations of record, though this
reference is not intsntlyd to reimpose saute;
Appltenhlc zoning ordinances, codes, rifles and regulations;
3. Taxes and assessrncnls fur;hr rurrent year and all subsequent year:.,
The Property is being taken by the Grantee "as is" with the Grantee being solely
responsible for the removal of any environmental contamination if present on the
Pi 0> -ry; and
S. The lisle to the P,ol>eity shall immediately and automatically revert to and vest in the
Grantor in the event that: (1) the Grantee has not commenced construction, to the
satisfaction of the Grantor in its sole judgment, of unc (i) zinglc-family home or town
home, hereinafter referred to as the "Home", on the Property within six (G) monUu from
the date of closing, and/or (.2) the construction of the Horne has not been completed, as
evidenced by the issuance of Certificates of occupancy, an, i the [Ionic has not been sold
to qualified Low Income homebuyers (as defined in Ise HOME Investment Partnerships
Program Regulations, 24 C.P.R. Pan 92) within thirty (30) months from the dale of the
closing or such later date a.c may be approved by the City Commission of the City of
Miami.
6. The sales price of -the [tomes shall not exceed S236,000.00.
7. The Property is subject to all restrictions as slated in Resolution 05-049.4 adopted by the
City Commission on May 27. 2005.
To Have and T,) Hold, the same together with all and singular tenements, heredi,�maitii-aqd
appunenartces thereto helonging or in anywise, appertainu,g, and all the estate, right, tilic,6 r t' f0n
�.:,
equity, and claim whatsoever of the Grantor, either in law or in equity, to the use, benefit .haft dYR
Grantee forever.
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