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HomeMy WebLinkAboutDeclaration of Restrictive CovenantThis instrument was prepared by: Alexander I. Tachmes, Esq. Shutts & Bowen LLP 20D S. Biscayne Boulevard, Suite 4100 Miami, Florida 33131 CFN: 20200536206 BOOK 32109 PAGE 1991 DATE:09/22/2020 09:23:41 AM HARVEY RUVIN, CLERK OF COURT, MIA-DADE CTY (Space reserved for Clerk) DECLARATION OF RESTRICTIVE COVENANT 2 This Declaration of Restrictive Covenants (the "Declaration") made this __ day of oki, 2020, by 82"d Apartments, LP; 505 NE 82nd Street, LLC; 520 NE 82"d Terrace, LLC; 421 82 St, LLC; and 439 NE 82nd Street, LLC (hereinafter referred to as the "Owners"), is in favor of the CITY OF MIAMI, FLORIDA, a municipality located within the State of Florida (hereinafter referred to as the "City"). WHEREAS, the undersigned Owners hold fee simple title to certain real property located at: See Exhibit A, attached hereto, and hereinafter referred to as the "Property." WITNESSETH WHEREAS, the Owners sought and obtained a rezoning pursuant to Ordinance No. 13/.5 for the Property; and WHEREAS, the Owners are desirous of making a voluntary binding commitment to assure that the Property shall be developed in accordance with the provisions of the Declaration herein, section -Township -Range: 07-53-42 Folio Number: 01-3207.0234050; 01.3207-023.0060; 01-3207.054-0130; 01-3207-054.0120; 01-3207-054-0150; 01.3207-023- 0020; 01-3207-023-0070; and 01-3207-023.0040 CFN: 20200536206 BOOK 32109 PAGE 1992 Declaration of Restrictive Covenant Page 2 of 10 NOW THEREFORE, the Owners voluntarily covenant and agree that the Property shall be subject to the following restrictions that are intended and shall be deemed to be a covenant running with the land and binding upon the Owner of the Property, and its heirs, successors and assigns as follows: Section 1. The recitals and findings set forth in the preamble of this Declaration are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The Owners hereby make the following voluntary declarations running with the land concerning the use of the Property: 1. That the Property shall be developed consistent with the design intent of the plans entitled "Wave of Shorecrest 82nd Street Master Plan" dated July 15th, 2015 (the "Plan"). 2. That the Owners shall not increase the proposed floor area (FLR), as described in the Plan, by pursuing a "Public Benefits" bonus under Miami 21. 3. The Property shall be developed with a maximum of 232 dwelling units. 4. There shall be no retail uses permitted along the NE 82 Terrace frontage of the Property. Section 3. Effective Date. This Declaration is effective at the date of execution hereof. This instrument shall constitute a covenant running with the title to the Property shall be binding upon Owners, their successors and assigns. These restrictions shall be a limitation upon all present and future Owners of the Property and shall be for the public welfare. Section -Township -Range: 07-53-42 Folio Number: 01-3207-023-0050; 01-3207-023-0060; 01-3207-054-0130; 01-3207-054-0120; 01-3207-054-0150; 01-3207-023- 0020; 01-3207-023-0070; and 01-3207-023-0040 CFN: 20200536206 BOOK 32109 PAGE 1993 Declaration of Restrictive Covenant Page 3 of 10 Section 4. Applicable Law & Venue; Attorney's Fees. Florida law will apply to interpretation of this instrument. Venue in any civil actions arising under this instrument shall be in Miami -Dade County, Florida. Each party shall bear their own attorney's fees. Section 5. Amendment and Modification. This instrument may be modified, amended, or released as to any portion of the Property by a written instrument executed by the then Owners of the fee -simple title to the land to be affected by such modification, amendment or release, providing that same has been approved by the City of Miami Planning and Zoning Board Appeals Board and City Commission after a public hearing which public hearing shall be applied for at the expense of the Owner. Upon approval of such modification amendment or release as specified herein, the Director of the City of Miami's Planning Department or his successor shall execute a written instrument in recordable form effectuating and acknowledging such modification, amendment or release. Such instruments shall be in a form acceptable to the City Attorney. Section 6. Inspection and Enforcement. An enforcement action may be brought by the City by action in law or in equity against any party or person violating or attempting to violate any covenants of this Declaration, or provisions of the building and zoning regulations, either to restrain violations or to recover damages. The prevailing party in the action or suit shall be entitled to recover costs and reasonable attorney's fees. This enforcement provision shall be in addition to any other remedies available under the law. The award of attorney's fees to a prevailing party shall not be used or enforced against the City of Miami. Section 7. Severability. Invalidation of any one of these covenants by judgment of Court shall not affect any of the other provisions of the Declaration, which shall remain in full effect. Section -Township -Range: 07-53-42 Folio Number: 01-3207-023-0050; 01-3207-023-0060; 01-3207.054-0130; 01-3207-054-0120; 01-3207-054-0150; 01-3207-023- 0020; 01-3207-023-0070; and 01-3207-023-0040 CFN: 20200536206 BOOK 32109 PAGE 1994 Declaration of Restrictive Covenant Page 4 of 10 Section 8. Recording; Effective Date. This agreement shall be recorded and shall constitute a covenant running with the land, and shall be binding on the Parties, their successors, heirs, and assigns. This Agreement shall be effective for a period of 30 years, and shall be automatically renewed for successive periods of 10 years unless either party gives notice and records it at least 30 days prior to the expiration of any 10 year renewal period. Covenantors shall record this Agreement and provide a copy to the City within 5 days of the Effective Date of this Agreement. Section 9. Construction. Nothing in this covenant shall be construed to create or imply a vested right to any development. This covenant shall be construed as a restriction, and shall not be construed to authorize or permit any development that is not in compliance with the local laws and regulations in effect at the time of the application for any permit. [Signature Pages to Follow] Section -Township -Range: 07-53-42 Folio Number: 01-3207-023-0050; 01-3207-023-0060; 01-3207-054-0130; 01-3207-054-0120; 01-3207-054-0150; 01-3207-023- 0020; 01-3207-023-0070; and 01-3207-023-0040 CFN: 20200536206 BOOK 32109 PAGE 1995 Declaration of Restrictive Covenant Page 5 ACKNOWLEDGMENT CORPORATION Signed, witnessed, executed and acknowledged on th•is day of Witne .a ure —71 (t Print Name STATE OF FLORIDA COUNTY OF MIAMI-DADE fi Title: Ciwnca-f Address: sink �nf ; . 4, s_ The foregoing instrument was acknowledged before me by C-rcL& Soacobl , the ouo- of 82nd Apartments, LP, on behalf of the corporation. He/She is ❑ personally known to me or Erhas produced do -iv' eX s l k ce_ -Q- , as identification. Witness my signature and official seal this -day of -- ,2-A<in the County and State aforesai._ --—.... My Commission Expires: N J l- Section-Township-Range: 07-53-42 Folio Number: 01-3207-023-0050; 01-3207-023-0060; 01-3207-054-0130; 01-3207-054-0120; 01-3207-054-0150; 0 3207-023-0020; 01-3207-023-0070; and 01-3207-023-0040 Notary Public State-of-Fi ra i 5Tha.1rc. %.hae.) V"Fi fitirt ant`: rI Oi Cort missiomar f Oaths any Nntary Public!, in the Province oi Ontario LarsenLaw Se Associates 11 - 150 Spinnaker Way Vaughan, ON L4K 4M1 CFN: 20200536206 BOOK 32109 PAGE 1996 JOINDER BY MORTGAGEE The undersigned, Federal Home Loan Mortgage Corporation , as Mortgagee under that certain Mortgage (the "Mortgage") dated this 26th day of February , 2020 , and recorded in Official Records Book 31846, Page 4516 , of the Public Records of Miami -Dade County, Florida, covering all/or a portion of the property described in the foregoing Declaration of Restrictive Covenant (the "Covenant") does hereby acknowledge that the terms of the Covenant are and shall be binding upon the undersigned and its successors in title. IN WITNESS WHEREOF, these presents have been executed this) 1 day of 20 3, STATE OF \i �YZYti� COUNTY OF (Lendi g Institution By: Federal Home Loan Mortgage Corporation Name: ((19 ivy w 7ti) S cJY1 Title: ;- Address: fall 0.1) jxis\e N1LLo,24,,, VA- 1-' - o 2_ The foregoing instrument was acknowledged before me by means of w l physical presence or ❑ online notarization, this 114 day of .?� , 2020, by C� ci' l\ , as r of P C.- `F of 'PtoraS ikoa_ l.12;u4, C 1vx--v -e , a c and he/she acknowledged to and before me that he/she executed the said instrument, acting in his/her said official capacity, for and as to the act and deed of said entity and in its name, for the uses and purposes therein mentioned, and after being duly authorized and directed. He/She is: personally known to me, or [ ] produced as identification. WITNESS my hand and official Seal in the County and State aforesaid, on this, the l 7 , 20 vim. day Notary Public, State of \% My Commission Expires: 2o2y MIADOCS 19511311 1 Declaration of Restrictive Covenant Page 6 of 10 CFN: 20200536206 BOOK 32109 PAGE 1997 ACKNOWLEDGMENT CORPORATION Signed, witnessed, executed and acknowledged on this/1. day of , 2020. J� C &,Ile, Witnesses: Signature f►�to 01' ( Print,Name (1 `Signature /A Print Name STATE OF FLORIDA COUNTY OF MIAMI-DADE 421 82 St, L.Lre By:t Title: Ott) imel4 Address: //// 3 &/,c- F fri—e- I . 11F:Lk, 3 1f1 The foregoing instrument was acknowledged before me by means of physical presence or ❑ online notarization, this ,,k day of ch , 2020, by U. dr , as OWN. of 421 82 St, LLC, a Florida limited liability company and he/she acknowledged to and before me that he/she executed the said instrument, acting in his/her said official capacity, for and as to the act and deed of said entity and in its name, for the uses and purposes therein mentioned, and after being duly authorized and directed. He/She is: [ ,...,r personally known to me, or [ ] produced _.. as identification. WITNESS my hand and official Seal in the County and State aforesaid, on this, the day of k ck , 203,0 Notary Public, State of cr;b My Commission E Section -Township -Range: 07-53-42 Folio Number: 01-3207-023-0050; 01-3207-023-0060; 01-3207-054-0130; 01-3207-054-0120; 01-3207-054-0150; 01-3207-023- 0020; 01-3207-023-0070; and 01-3207-023-0040 CFN: 20200536206 BOOK 32109 PAGE 1998 JOINDER BY MORTGAGEE The undersigned TD BANK, N.A., as Mortgagee under that certain Mortgage and Security Agreement dated July 14, 2016, and recorded in Official Records Book 30155, at Page 3399, of the Public Records of Miami -Dade County, Florida, as modified by that certain Notice of Future Advance, Consolidation and Mortgage Modification Agreement dated March 17, 2020, recorded in the Public Records of Miami -Dade County, Florida (collectively, the "Mortgage"), covering all/or a portion of the property described in the foregoing Declaration of Restrictive Covenant (the "Covenant") does hereby acknowledge that the terms of the Covenant are and shall be binding upon the undersigned and its successors in title. Nothing contained herein shall be construed as Mortgagee waiving any rights afforded to it by the Mortgage, or the documents evidencing the same, including the requirement that Mortgagor contain Mortgagee's consent for any demolition of the existing improvements to the Property, or any changes in the use of the Property, or the construction of any new improvements to the Property, all as provided therein. IN WITNESS WHEREOF, these presents have been executed this I day of Apir4, 2020. TD BANK, N.A. By: Name Ernesto Title: Vice Pres Address: 255 Alhambra Circle, 2nd Floor Coral Gables, Florida 33134 STATE OF FLORIDA COUNTY OF MIAMI-DADE ) BEFORE ME, the undersigned authority, by means of [X ] physical presence or [ ] online notarization, this day appeared ERNESTO ROQUE, known by me to be a Vice President of TD BANK, N.A., a national association, and he acknowledged to and before me that he executed the said instrument, acting in his said official capac' , r as to the act and deed of said national association and in its name, for the - a is • r.se ` mentioned, and after being duly authorized and directed. He is: [ -rsonally kn. ' to me, r [ ] produced as identification. WITNESS my hand and official Seal day of , 2020. My Commissioh Expires: ;MARTASALGOEIRO •�°`• P Q'` = MY COMMISSION # GG 033343 * :s 26,2021 Bonded ibru Notary Public UndeswiWts — Notary Public Print Name: esaid, on this, the _ /_ CFN: 20200536206 BOOK 32109 PAGE 1999 Declaration of Restrictive Covenant Page 7 of 10 ACKNOWLEDGMENT CORPORATION Signed, witnessed, executed and acknowledged on this � day of l for c, 2020. Witnesses: Ignature Print Name 40)0,cd— Signature f-)f) C • V\CCO-{ Print Name STATE OF FLORIDA COUNTY OF MIAMI-DADE 439 NE 2"° Street LLC By: Li,.c✓r� �v� Title: OW r- aaN1 tes, Yr Address: 1'� r The foregoing instrument was acknowledged before me by means of Physical presence or ❑ online notarization, this day of M Cyr CV' , 2020, by ,PG(\le-qGO n , as n t AJ� r \'^\ama0\ E of 439 'NE 82nd Street, LLC, a Florida limited liabN try company and he/she acknowledged to and before me that he/she executed the said instrument, acting in his/her said official capacity, for and as to the act and deed of said entity and in its name, for the useG nd purposes t ein mentioned, and after being duly authorized and directed.(He he is: [ vr personally known to me, or [ ] produced as identification. WITNESS my h nd and official Seal in the County and State aforesaid, on this, the ? day of , 20 D I Notary Public, Sta .e of ✓ I t My Commission Expir SUSAN C. MACET MY COMMISSION # GO 928116 EXPIRES: February 11, 2024 Bonded Thru Notary Public Undeiwrifers Section -Township -Range: 07-53-42 Folio Number: 01-3207-023-0050; 01-3207-023-0060; 01-3207-054-0130; 01-3207-054-0120; 01-3207-054-0150; 01-3207-023- 0020; 01-3207-023-0070; and 01-3207-023-0040 CFN: 20200536206 BOOK 32109 PAGE 2000 Declaration of Restrictive Covenant Page 8 of 10 ACKNOWLEDGMENT CORPORATION Signed, witnessed, executed and acknowledged on this day of , 2020. Witnesses: Sinature Print Name 401-1 Signat re Sinn c.�aceL— Print Name By: / +,,f,r+ {0, Title: 7' 4 Address: 7 5) J &) On k A/4 e 1--)10,h?1Lf, rz 313d1 STATE OF FLORIDA ) COUNTY OF MIAMI-DADE ) The foregoing instrument was acknowledged before me by 1Sm�eans of physical Elpresence or online notarization, this `� ay of ��k_Q/CI1 , 2020, by t \I C\ . C 0\ , as 011J1nr%/ 1�`\C71 �l CJ�aF✓ of 505 N 82"`� Street, LLC, a Florida limited liabilitycompany and he/she acknowledged to and before me that he/she executed the said instrument, acting in his/her said official capacity, for and as to the act and deed of said entity and in its name, for the uses and purposes therein mentioned, and after being duly authorized and directed. He/She is: [LA' personally known to me, or [ ] produced as identification. WITNESS my hand and official Seal in the County and State aforesaid, on this, the 3 day of March , 20 ao . (AC,):1 Notary Pub jc, State of F I o f el d a My Commission Expi SUSAN C. MACET MY COMMISSION # GG 928116 = EXPIRES: February 11, 2024 •'��F r;;? ` Bonded Thru Notary Public Undeiwrlters Section -Township -Range: 07-53-42 Folio Number: 01-3207-023-0050; 01-3207-023-0060; 01-3207-054-0130; 01-3207-054-0120; 01-3207-054-0150; 01-3207-023- 0020; 01-3207-023-0070; and 01-3207-023-0040 CFN: 20200536206 BOOK 32109 PAGE 2001 Declaration of Restrictive Covenant Page 9 of 10 s1,71 Witnesses: witnessed, ACKNOWLEDGMENT CORPORATION executed and acknowledged on this � day of , 2020. gnature it,A; C ii1 A l G Print Name Signature C. MOLT+ Print Name STATE OF FLORIDA COUNTY OF MIAMI-DADE 520 NE 82nd Terrace, LLC By: Title: LA, rkfi Address: n V The foregoing instrument was acknowledged before me by means of I2' physical presence or ❑ online notarization, this day of tkO , 2020, by V >/ ), as 0 ✓i i\kanct e of 520 NE 82nu Terrace, LLC, a Florida limited IiabWty company and he/she acknowledged to and before me that he/she executed the said instrument, acting in his/her said official capacity, for and as to the act and deed of said entity and in its name, for the uses and purposes erein mentioned, and after being duly authorized and directed. He/She is: [personally known to me, or [ ] produced as identification. WITNESS my ha d and official the day of ►parr_, 20 I in the County and State aforesaid, on this, Notary Public, Stale of F O(i G (X SUSAN C. MACET My Commission Expirt„.ogike,t,, "'*= MY COMMISSION # GG 928116 -��- a`,� EXPIRES: February 11, 2024 i,r,cq °a;,� Bonded Thru Notary Public Underwriters Section -Township -Range: 07-53-42 Folio Number: 01-3207-023-0050; 01-3207-023-0060; 01-3207-054-0130; 01-3207-054-0120; 01-3207-054-0150; 01-3207-023- 0020; 01-3207-023-0070; and 01-3207-023-0040 ■ CFN: 20200536206 BOOK 32109 PAGE 2002 JOINDER BY MORTGAGEE (Where Applicable) _The undersigned, Deutsche Bank Trust Company Americas, as Trustee for the Benefit of the Holders of Wells Fargo Commercial Mortgage Securities, Inc., Multifamily Mortgage Pass through Certificates, Series 2017-SB27, as Mortgagee under that certain Mortgage (the "Mortgage") dated the 21st day of October, 2016, and recorded in Official Records Book 30280, Page 665, of the Public Records of Miami -Dade County, Florida, covering all/or a portion of the property described in the foregoing Declaration of Restrictive Covenant (the "Covenant") does hereby acknowledge that the terms of the Covenant are and shall be binding upon the undersigned and its successors in title. IN WITNESS WHEREOF, these presents have been executed this 20th day of April, 2020. Deutsche Bank Trust Company Americas, as Trustee for the Benefit of the Holders of Wells Fargo Commercial Mortgage Securities, Inc., Multifamily Mortgage Pass through Certificates, Series 2017-SB27 By: Federal Home Loan Mortgage Corporation, its Master Servicer By: Arbor Agency Lending, LLC, a New York limited liability comp y, its Sub-Servicer Name: maiio Arena Title: Authorized Signatory STATE OF NEW YORK ) COUNTY OF ERIE ) The foregoing instrument was acknowledged before me by means of physical presence, this 20th day of April, 2020, by Mario Arena, as Authorized Signatory of Arbor Agency Lending, LLC, a New York limited liability company, as sub-servicer on behalf of Deutsche Bank Trust Company Americas, as Trustee for the Benefit of the Holders of Wells Fargo Commercial Mortgage Securities, Inc., Multifamily Mortgage Pass through Certificates, Series 2017-SB27, and he/she acknowledged to and before me that he/she executed the said instrument, acting in his/her said official capacity, for and as to the act and deed of said entity and in its name, for the uses and purposes therein mentioned, and after being duly authorized and directed. He personally known to me. WITNESS my hand and official Seal in the County and State aforesaid, on this, the day of r ,2>a L , 20 tt' . JEANETTE RILEY NOTARY PUBLIC, STATE OF NEW YORK No. 01R$4791817 Oualdicd in Edo County Commission Expires January 31,E (a Otary Public, State of My Commission Expires: /131l2 -2 TAI A llrl!`Q 1flC11111 1 CFN: 20200536206 BOOK 32109 PAGE 2003 APPROVED AS TO CONTENTS: Francisco J. Garcia Planning Director Joseph A. -Ruiz, Esq. Zoning Administrator APPROVED QIS TO LEGAL FORM ANIJ CORE9TNESS: Victoria Mendez, Esq. City Attorney Section -Township -Range: 07-53-42 Folio Number: 01-3207-023-0050; 01-3207-023-0060; 01-3207-054-0130; 01-3207-054-0120; 01-3207-054-0150; 01- 3207-023-0020; 01-3207-023-0070; and 01-3207-023-0040 Declaration of Restrictive Covenant Page 10 of 10 CFN: 20200536206 BOOK 32109 PAGE 2004 Exhibit A LEGAL DESCRIPTION: LOT 2. BLOCKZ SHERRY PARK ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT 800K Olt PAGE 12, OF THE PUBLIC RECORDS OF MIAMIDADE COUNTY. FLORIDA (POLIO No.01-329/.6154-0120) ANO LOT BLOCK 2. SHERRY PARK ACCORDING ro THE PLAT THEREOF AS RECORDED IN PLAT soar a PAGF 12, OF THE RECORDS OF MIAMI-NOP COUNTY R ORIDA, (F0110 N0,01-3207-054-0130) AND col • BLOCK 2 SHERRY PARK, ACCORDING TO THE PLAT THEREOF AS RE *i IN PLAT BOOK 6? PAGE 12 Of THE PUBLIC RECORDS Of MIAMI-DADE COUNT Y. fLORIDA. (kOLIO NO.01,1202-054-0159) JOT 2 LESS 7NE SOUTH 5 FEET I N BLOCK 1, OF BLUE DOME ACCORDING TO TIIEPL4T THERE0AS RPCOROFD PIAT BOOK 42, PAGF 64, OF THF PUBI IC RPCORDS OT MIAMI-DADF , F1ORIDA, AND LOT ). LESS THE SOUTH 51-EU IN BLOCK 1 Of 8111E DOME, ACCORDING 10 THEPLAT 7HERE07 AS RECORDED IN PLAT' 800K 42. PAGE 64, Of Mk PUBLIC MEC S Of MIAMIDADE COUNTY. FLORIDA (F NO.01-3207-02341020) AND LOT 4, LESS rHE sotrrH 5 TFET IN el OCK1 OF BLUE DOME ACCORDING TO THE T THEREOT AS RECORDED IN PLAT BOOK 42 PAGE 64, OF THE PUBL1C RECORDS OF MIAMI DADE COUNTE FLORIDA. (FOLIO NO.01,1204 023 0040) AND L0T LESS THE SOUTH 5 FEET IN BLOCK 1, OF BLUE DOME, AMOR ING TO THE PLAT THEREOF. AS RFCORDPO IN PI AT BOOK 47, PAGF 64, OF THF PUBI IC RFCOROS OT MIAMFDADF COUNTY, Fl ORIN (TO 110 N0,01.3207,023.0050) AND LOT a LESS IHE SOUTH 5 FEE1 IN BLOCK t Of BLUE DOME. ACCORDING 10 I HE PLAT 1HEREOf AS RECORDED IN PLAT BOOK 42 PAGE 64OF T E PUBLIC RECORDS OF MIAMI-DADE COUNTY; FLORIDA (FOLIO dv001.3207.023.0(140) AND Lars t TO 9, INCLUSIVE [LS582 MEV RIGHT OF WAY&OCK 1, OF BLUE DOME. ACCORDING TO DE PLAT IHEREOf AS RECORDED in I FLA, 8001(42 PAGE 64, OF THE PUBLIC RECORDS Ofr MIAMI-DADE COUNTY, FLORIDA (FOLIO NO 01-V07-M40701 Section -Township -Range: 07-53-42 Folio Number: 01-3207-023-0050; 01-3207-023-0060; 01-3207-054-0130; 01-3207-054-0120; 01-3207-054-0150; 01-3207-023- 0020; 01-3207-023-0070; and 01-3207-023-0040