Loading...
HomeMy WebLinkAbout24658AGREEMENT INFORMATION AGREEMENT NUMBER 24658 NAME/TYPE OF AGREEMENT THREE ROUND TOWER A, LLC, THREE ROUND TOWERS B & C, LLC, BRISAS DEL ESTE APARTMENTS, LLC & BRISAS DEL ESTE PHASE TWO, LLC DESCRIPTION 2ND AMENDED & RESTATED ACCESS, AMENITIES & PARKING AGREEMENT & EASEMENT/NEW PARKING GARAGE/MATTER ID: 23-1579/#61 EFFECTIVE DATE ATTESTED BY TODD B. HANNON ATTESTED DATE 11/14/2023 DATE RECEIVED FROM ISSUING DEPT. 11/17/2023 NOTE DOCUSIGN AGREEMENT BY EMAIL AnnCITY OF MIAMI DOCUMENT ROUTING FORM a,4W56 ORIGINATING DEPARTMENT: Housing and Community Development DEPT. CONTACT PERSON: Maria T. Ason EXT. 1971 NAME OF OTHER CONTRACTUAL PARTY/ENTITY: Brisas del Este Apartments, LLC & Brisas del Este Phase Two. LLC IS THIS AGREEMENT A RESULT OF A COMPETITIVE PROCUREMENT PROCESS? ❑ YES ® NO TOTAL CONTRACT AMOUNT: $ o FUNDING INVOLVED? ❑ YES ® NO TYPE OF AGREEMENT: ❑ MANAGEMENT AGREEMENT ❑ PROFESSIONAL SERVICES AGREEMENT ❑ GRANT AGREEMENT El EXPERT CONSULTANT AGREEMENT ❑ LICENSE AGREEMENT ❑ PUBLIC WORKS AGREEMENT ❑ MAINTENANCE AGREEMENT ❑ INTER -LOCAL AGREEMENT ❑ LEASE AGREEMENT El PW_ CHASE OR SALE AGREEMENT OTHER: (PLEASE SPECIFY) Second Amended and Restated Access, Amenities and Parking Agreement and Easement PURPOSE OF ITEM (BRIEF SUMMARY): Since the Brisas del Este Apts includes the new parkins garage, all properties contained -in -the -campus will have -access -to -it as well_as-other_amenities shared_by the_other_pro-jects._ The_projects_are Three____. Round Tower A. B and C. Brisas del Este Apts. and Brisas del Este Phase Two. COMMISSION APPROVAL DATE: / / FILE ID: N/A ENACTMENT NO.: IF THIS DOES NOT REQUIRE COMMISSION APPROVAL, PLEASE EXPLAIN: Loan Committee approval 4/16/21 ORINIA TION Date � ( PLEAS JT ND SIGN ASE APPROVAL BY DEPARTMENTAL DIRECTOR h George Mensa / 1 \ I SIGNATURE: t� ' uran / SUBMITTED TO RISK MANAGEMENT jjj ;U . Ann -Marie Sharpe \! SIGNATURE: TO CITY ATTORNEY 9J� �--- ! / 23 Dto4ia3M.sendle .SUBMITTED SIGNATURE: APPROVAL BY ASSISTANT CITY MANAGER t ( / j''23 PRINT: Larry Spr- .b SIGNATURE: RECEIVED BY CITY MANAGER Iiif.3 Art Noriega SIGNATURE: 1) ONE ORIGINAL TO CITY CLERK, 2) ONE COPY TO CITY ATTORNEY'S OFFICE, 3) REMAINING ORIGINAL(S). TO ORIGINATING DEPARTMENT ( (0(� PRINT: SIGNATURE: PRINT: SIGNATURE: PRINT: SIGNATURE: PLEASE ATTACH THIS ROUTING FORM TO ALL DOCUMENTS THAT REQUIRE EXECUTION BY THE CITY MANAGER This Instrument was prepared by and after recording return to: Marc J. Sternbaum, Esq. Stearns Weaver Miller Weissler Alhadeff & Sitterson, P.A. 150 West Flagler St., Suite 2200 Miami, Florida 33130 SECOND AMENDED AND RESTATED ACCESS, AMENITIES AND PARKING AGREEMENT AND EASEMENT This Second Amended and Restated Access, Amenities and Parking Agreement and Easement (the "Agreement") is made and entered into as of the day of , 2023 by and between: THREE ROUND TOWER A, LLC, a Florida limited liability company ("Phase A Owner"), THREE ROUND TOWERS B AND C, LLC, a Florida limited liability company ("Phase B&C Owner"), BRISAS DEL ESTE APARTMENTS, LLC, a Florida limited liability company ("Brisas One Owner"), and BRISAS DEL ESTE PHASE TWO, LLC, a Florida limited liability company ("Brisas Two Owner") (collectively, the "Parties), each having its principal office located at 2850 Tigertail Avenue, Suite 800, Miami, Florida 33133. RECITALS A. Phase A Owner, Phase B&C Owner and Brisas One Owner entered into that certain Access, Amenities and Parking Agreement and Easement dated as of October 16, 2017 and recorded in Official Records Book 30720, Page 2455, of the Public Records of Miami -Dade County, Florida (the "Original Easement"). B. Following the date of the recording of the Original Easement, Phase B&C Owner and Brisas One Owner agreed to reconfigure the boundaries of the various properties in which they hold their respective leasehold estates, and the Brisas Two Owner has #11029624 v4 30364-1146 1 acquired a leasehold estate in a portion of the property formerly identified as being under the respective control of Phase B&C Owner and Brisas One Owner. In connection with the events described in this Recital B, Phase A Owner, Phase B&C Owner, Brisas One Owner and Brisas Two Owner entered into that certain Amended and Restated Access, Amenities and Parking Agreement and Easement dated as of August 11, 2020, and recorded in Official Records Book 32053, Page 1214, of the Public Records of Miami -Dade County, Florida (the "First Easement Amendment"). C. Phase A Owner is the owner of a leasehold interest in the property legally described on Exhibit "A" attached hereto and made a part hereof (the "Phase A Property") pursuant to that certain lease by and between Miami -Dade County, a political subdivision of the State of Florida (the "County") as lessor, and Phase A Owner, as lessee, as evidenced by that certain Memorandum of Lease recorded in Official Records Book 30720, Page 2450 of the Public Records of Miami -Dade County, Florida, as amended by that certain First Amendment to Memorandum of Ground Lease recorded in official Records Book 32051, Page 2940 of the Public Records of Miami -Dade County, Florida. There is an existing community center (the "Existing Center") on the Phase A Property, which Existing Center has been or will be demolished. D. Phase B&C Owner is the owner of a leasehold interest in the property legally described on Exhibit `B" attached hereto and made a part hereof (the "Phase B&C Property") pursuant to that certain lease by and between the County, as lessor, and Phase B&C Owner, as lessee, as evidenced by that certain Memorandum of Ground Lease recorded in Official Records Book 32053, Page 1178 of the Public Records of Miami -Dade County, Florida. E. Brisas One Owner is the owner of a leasehold interest in the property legally described on Exhibit "C" attached hereto and made a part hereof (the "Brisas One Property") pursuant to that certain lease by and between the County, as lessor, and Brisas One Owner, as lessee, as evidenced by that certain Memorandum of Lease recorded in Official Records Book 32053, Page 1188 of the Public Records of Miami -Dade County, Florida, as amended by that certain Amendment to Memorandum of Ground Lease recorded in Official Records Book 32668, Page 624 of the Public Records of Miami -Dade County, Florida, as further amended by that certain Second Amendment to Memorandum of Ground Lease recorded in Official Records Book 32866, Page 4982 of the Public Records of Miami -Dade County, Florida. A new community center (the "Center") is being constructed on the Brisas One Property. F. Brisas Two Owner is the owner of a leasehold interest in the property legally described on Exhibit "D" attached hereto and made a part hereof (the "Brisas Two Property", and together with the Phase A Property, the Phase B&C Property, the Brisas One Property and the Brisas Three Property (as hereinafter defined), collectively, the "Properties", and each, individually, a "Property") pursuant to that certain lease by and between the #11029624 v4 30364-1146 2 County, as lessor, and Brisas Two Owner, as lessee, as evidenced by that certain Memorandum of Ground Lease recorded in Official Records Book 32053, Page 1183 of the Public Records of Miami -Dade County, Florida. G. For good and valuable consideration, each of the Parties has agreed to amend and restate the Original Easement, as amended by the First Easement Amendment, in its entirety, so as to grant to the others as an appurtenance to their respective properties, the non-exclusive easements described herein for access, ingress and egress, use of the paved areas, parking spaces, open space and certain tenant amenities on their respective properties and any necessary utility connections. AGREEMENT NOW, THEREFORE, in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto agree as follows: 1. Recitals. The above recitalsare true and correct and by this reference are incorporated as if fully set forth herein. 2. Phase A Access, Utilities, Parking and Amenities Easement. Phase A Owner hereby grants to Phase B&C Owner, Brisas One Owner, and Brisas Two Owner, for their respective use and benefit, and the use and benefit of their successors and assigns who acquire an interest in their properties, and their tenants, agents, employees, customers and invitees, a non-exclusive easement (i) for vehicular and pedestrian ingress and egress over, across and through the driveways and sidewalks constructed from time to time within the Phase A Property, (ii) for the purpose of access and connection to public or private utilities that do not have direct connections to the Phase B&C Property, the Brisas One Property, or the Brisas Two Property, as applicable, (iii) for the use and enjoyment of the exterior recreational amenities constructed on the Phase A Property now or in the future, including but not limited to car care areas, playgrounds, and similar exterior amenities (collectively, the "Recreational Facilities") which are located on the Phase A Property from time to time and (iv) for parking on surface spaces, if any. 3. Phase B&C Access, Utilities, Parking and Amenities Easement. Phase B&C Owner hereby grants to Phase A Owner, Brisas One Owner, and Brisas Two Owner, for their respective use and benefit, and the use and benefit of their successors and assigns who acquire an interest in their properties, and their tenants, agents, employees, customers and invitees, a non-exclusive easement (i) for vehicular and pedestrian ingress and egress over, across and through the driveways and sidewalks constructed from time to time within the Phase B&C Property, (ii) for the purpose of access and connection to public or private utilities that do not have direct connections to the Phase A Property, the Brisas One Property, or the Brisas Two Property, as applicable, (iii) for the use and enjoyment of the exterior recreational amenities constructed on the Phase B&C Property now #11029624 v4 30364-1146 3 or in the future, including but not limited to all Recreational Facilities which are located on the Phase B&C Property from time to time and (iv) for parking on surface spaces, if any. 4. Brisas One Access, Utilities, Parking and Amenities Easement. Brisas One Owner hereby grants to Phase A Owner, Phase B&C Owner, and Brisas Two Owner, for their respective use and benefit, and the use and benefit of their successors and assigns who acquire an interest in their properties, and their tenants, agents, employees, customers and invitees, a non-exclusive easement (i) for vehicular and pedestrian ingress and egress over, across and through the driveways and sidewalks constructed from time to time within the Brisas One Property, (ii) for the purpose of access and connection to public or private utilities that do not have direct connections to the Phase A Property, the Phase B&C Property, or the Brisas Two Property, as applicable, (iii) for the use and enjoyment of the exterior recreational amenities constructed on the Brisas One Property now or in the future, including but not limited to all Recreational Facilities which are located on the Brisas One Property from time to time and (iv) for parking on surface spaces, if any. Brisas One Owner also hereby reserves for its own use and benefit, and grants to Phase A Owner, Phase B&C Owner, and Brisas Two Owner, for their use and benefit, and the use and benefit of their successors and assigns and their tenants, agents, employees, customers and invitees, a non-exclusive easement for the right to access, use and enjoyment of the Center. 5. Brisas Two Access, Utilities, Parking and Amenities Easement. Brisas Two Owner hereby grants to Phase A Owner, Phase B&C Owner, and Brisas One Owner, for their respective use and benefit, and the use and benefit of their successors and assigns who acquire an interest in their properties, and their tenants, agents, employees, customers and invitees, a non-exclusive easement (i) for vehicular and pedestrian ingress and egress over, across and through the driveways and sidewalks constructed from time to time within the Brisas Two Property, (ii) for the purpose of access and connection to public or private utilities that do not have direct connections to the Phase A Property, the Phase B&C Property, or the Brisas One Property, as applicable, (iii) for the use and enjoyment of the exterior recreational amenities constructed on the Brisas Two Property now or in the future, including but not limited to all Recreational Facilities which are located on the Brisas Two Property from time to time and (iv) for parking on surface spaces, if any. 6. Maintenance. Each of the Parties agrees to maintain the driveways, sidewalks, parking spaces and exterior Recreational Facilities within its respective Property for the joint use thereof by the Parties hereto, in working condition and free of material defects, subject to occasional interruption of service due to (i) ordinary wear and tear and use thereof, (ii) routine or extraordinary maintenance or (iii) events beyond the granting Parry's reasonable control. Each of the granting Parties shall have the right to perform all such maintenance and repairs itself through its management company, or to select the contractor(s) of its choice in connection with all aspects of maintenance, repair and operation of its driveways, sidewalks, parking spaces and Recreational Facilities. No Party shall be obligated to pay for the use or maintenance of the other's driveways, sidewalks, parking spaces or Recreational Facilities, except to the extent any such maintenance is necessitated by the negligent or intentional act or omission of the benefitted Party. In no event shall a party have access to the other's interior facilities such as computer labs, tenant meeting #11029624 v4 30364-1146 4 rooms or exercise facilities pursuant to the easements created hereby, other than with regard to the Center. With respect to the maintenance obligations in connection with the Center, Phase A Owner, Phase B&C Owner, Brisas One Owner and Brisas Two Owner shall share the cost of such maintenance and repair proportionally, based on the number of project -based, subsidized units on each respective Property. Notwithstanding anything in the immediately preceding sentence to the contrary, if, subsequent to the effective date of this Agreement, Phase A Owner and an affiliate of Phase A Owner ("Brisas Three Owner") agree to reconfigure the boundaries of the Phase A Property and divide the Phase A Property into two (2) separate leasehold estates, one of which will continue to be owned by Phase A Owner, and the other of which will be owned by Brisas Three Owner (the "Brisas Three Property"), the respective share of the cost of the maintenance obligations in connection with the Center shall be re -calculated at such time, and Phase A Owner, Phase B&C Owner, Brisas One Owner, Brisas Two Owner and Brisas Three Owner shall share the cost of such maintenance and repair proportionally, based on the number of project -based, subsidized units on each respective Property. 7. Exercise of Utility Easements. With regard to the respective grants of easement rights for the purpose of access and connection to public or private utilities that do not have direct connections to the property owned by a Party, no Party shall exercise such rights in any way that will disturb any buildings, structures or other permanent improvements on the other Party's property or otherwise unduly interfere with the other Party's use and enjoyment of its own property. Any temporary disturbance of the surface required to install utility equipment shall be promptly repaired by the Party causing such disturbance, at its own expense. 8. Indemnity. Each of the Parties hereto agrees to indemnify the other and hold it harmless from and against any and all loss, cost, expense, claims or damages suffered by a Party as a result of the negligent or willful act or omission of the other, its employees, agents and contractors, as a result of the exercise of the rights and obligations of the Parties under this Agreement, except for any such liability, loss, damage, cost or expense as may arise in whole or in part from the acts of the Party seeking indemnification. Each Party shall obtain and maintain commercial general liability insurance which provides coverage for acts occurring not only on its own property but also on the property of the other Party in connection with the exercise of any of the easement rights granted herein. Further, each of the Parties hereto agrees to indemnify the other and hold it harmless from and against any and all loss, cost, expense, claims or damages arising from any construction liens placed on a Party's property by any subcontractors or materialmen providing services or materials to the other Party. 9. Successors and Assigns. This Agreement shall bind, and the benefit thereof shall inure to, the respective successors and assigns of the Parties hereto. 10. No Public Dedication. Nothing contained in this Agreement shall, in any way, be deemed or constituted a gift of or dedication of any portion of any lands described herein to the general public or for the benefit of the general public whatsoever, it being the intention of the Parties hereto #11029624 v4 30364-1146 5 that this Agreement shall be limited to and utilized for the purposes expressed herein and only for the benefit of the persons herein named. 11. Remedies. Upon a default by any Party hereto the non -defaulting Party shall have any and all remedies available at law or in equity; provided, however, that no Party shall have the right to invoke any equitable remedy which would deny another Party physical access to its property. 12. Enforcement. In the event it becomes necessary for any Party including the holder of any mortgage lien to defend or institute legal proceedings as a result of the failure of either Party to comply with the terms, covenants and conditions of this Agreement, the prevailing Party in such litigation shall recover from the other Party all costs and expenses incurred or expended in connection therewith, including, without limitation, reasonable attorneys' fees and costs, at all levels. 13. Notices to Mortgagees. Each of the Parties agrees to furnish duplicate copies of any notices of default delivered to the other, to the holder of any mortgage lien encumbering their respective properties, provided that the identity and address of such mortgagees have been made known to the Party sending any such notice. 14. Amendment. The Parties hereto agree that this Agreement may not be amended, released or terminated without the prior written consent of the holder of any mortgage encumbering the property to be affected by such amendment and approval by the County. 15. Third Party Beneficiary. So long as any mortgage loan remains outstanding with respect to the Phase A Property, the Phase B&C Property, the Brisas One Property, or the Brisas Two Property, or any amounts are owed to the holder(s) of such mortgages, such holder(s) shall be deemed an intended third -party beneficiary hereof and entitled to enforce the provisions hereof. 16. No Partnership. None of the terms or provisions of this Agreement shall be deemed to create a partnership between or among the Parties in their respective businesses or otherwise, nor shall it cause them to be considered joint venturers or members of any joint enterprise. Each Party shall be considered a separate owner, and no Party shall have the right to act as an agent for another Party, unless expressly authorized to do so in this Agreement. 17. Interpretation. No provision of this Agreement will be interpreted in favor of, or against, either of the Parties hereto by reason of the extent to which any such Party or its counsel participated in the drafting thereof or by reason of the extent to which any such provision is inconsistent with any prior draft hereof or thereof. 18. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original and all of which, taken together, shall constitute a single document. #11029624 v4 30364-1146 6 19. Notices. All notices, demands, requests or other communications required or permitted to be given hereunder shall be deemed delivered and received upon actual receipt or refusal to receive same, and shall be made by United States certified or registered mail, return receipt requested, by nationally recognized overnight courier service such as Federal Express, or by hand delivery, and shall be addressed to the respective Parties at the addresses set forth in the preamble to this Agreement. 20. Entire Agreement. This Agreement constitutes the entire agreement between the Parties hereto relating in any manner to the subject matter of this Agreement. No prior agreement or understanding pertaining to same shall be valid or of any force or effect, and the covenants and agreements herein contained cannot be altered, changed or supplemented except in writing and signed by the Parties hereto. 21. Severability. If any clause or provision of this Agreement is deemed illegal, invalid or unenforceable under present or future laws effective during the term hereof, then the validity of the remainder of this Agreement shall not be affected thereby and shall be legal, valid and enforceable. 22. Venue; Jurisdiction. This Agreement shall be governed and construed in all respects in accordance with the laws of the State of Florida, without regard to its conflicts of laws provisions. Further, all Parties hereto agree to avail themselves of and submit to the personal jurisdiction of the Courts of the State of Florida in Miami -Dade County. 23. Amendment and Restatement. This Agreement amends and restates the Original Easement, as amended by the First Easement Amendment in its entirety. #11029624 v4 30364-1146 [INTENTIONALLY LEFT BLANK] 7 IN WITNESS WHEREOF, the Parties hereto have duly executed this Agreement as of the date and year first set forth above. Witnesses: PHASE A OWNER: THREE ROUND TOWER A, LLC, a Florida limited liability company By: Three Round Tower A Manager, LLC, a Florida liability company, its manager Print: - "if i sOr }rc ��ket-,1•Z 4011 Print: Nevi -Apr, 1.-f i' STATE OF FLORIDA ) SS: COUNTY OF MIAMI-DADE By: '1L0,7 Tony Del Pozzo, Vice President The foregoing instrument was acknowledged before me this 11 day of eic\- J & 2023 by [check one] 00 means of physical presence or ( ) online notarization, by Tony Del Pozzo, as Vice President o Three Round Tower A Manager, LLC, a Florida limited liability company, the manager of Three Round Tower A, LLC, a Florida limited liability company, on behalf of the companies. Personally Known OR Produced Identification Type of Identification Produced: #11029624 v4 30364-1146 Print or Stamp Name: 3azvo2 Notary Public, State of Florida Commission No.: My Commission Expires: SyrPN Notary Public State of Florida Jazzine Ckiara Herrera r My Commission GG 945317 Of 01, xpues 8 Witnesses: PHASE B&C OWNER: Print: 1-ic-Arti-tuA tice a,, 44, A, lye Print: /041C., STATE OF FLORIDA ) SS: COUNTY OF MIAMI-DADE THREE ROUND TOWERS B and C, LLC, a Florida limited liability company By: Three Round Towers B and C Manager, LLC, a Florida liability company, its manager By: 19z Tony Del Pozzo, Vice President The foregoing instrument was acknowledged before me this tr day of Or-abe{, 2023, by [check one] ()() means of physical presence or ( ) online notarization, by Tony Del Pozzo, as Vice President of Three Round Towers B and C Manager, LLC, a Florida limited liability company, the manager of Three Round Towers B and C, LLC, a Florida limited liability company, on behalf of the companies. Personally Known )( OR Produced Identification Type of Identification Produced: #11029624 v4 30364-1146 Print or Stamp Name: Notary Public, State of Florida Commission No.: 1Y1 ,Od'r "4. Notary Public State of Florida eY Jazzine Ckiara Herrera 5317 OVA. • Expires 01/08/2024 My Commission Expires: 9 Witnesses: BRISAS ONE OWNER: Print: ;-ir`f c ek Print: STATE OF FLORIDA ) SS: COUNTY OF MIAMI-DADE BRISAS DEL ESTE APARTMENTS, LLC, a Florida limited liability company By: Brisas del Este Apartments Manager, LLC, a Florida liability company, its manager By: 1C)J7Y Tony Del Pozzo, Vice President The foregoing instrument was acknowledged before me this \1 day of OCR% 2023, by [check one] (X) means of physical presence or ( ) online notarization, by Tony Del Pozzo, Vice President of Brisas del Este Apartments Manager, LLC, a Florida limited liability company, the manager of Brisas del Este Apai tiilents, LLC, a Florida limited liability company, on behalf of the companies. Personally Known OR Produced Identification Type of Identification Produced: #11029624 v4 30364-1146 Print or Stamp Name: 7512, Notary Public, State of Florida Commission No.: My Commission Expires: o,►"r Pric Notary Public State of Florida Janine Ckiara Herrera My Commission GG 945317 10 a/ 0.. xperes Witnesses: BRISAS TWO OWNER: Print: 1• fr,'cin kl5k 3 Print: M'%ti,, LerAer STATE OF FLORIDA ) SS: COUNTY OF MIAMI-DADE BRISAS DEL ESTE PHASE TWO, LLC, a Florida limited liability company By: Brisas del Este Phase Two Manager, LLC, a Florida liability company, its manager By: (1./ Tony Del Pozzo, Vice President The foregoing instrument was acknowledged before me this 11 day of j( )O j , 2023, by [check one] (K) means of physical presence or ( ) online notarization, by Tony Del Pozzo, Vice President of Brisas del Este Phase Two Manager, LLC, a Florida limited liability company, the manager of Brisas del Este Phase Two, LLC, a Florida limited liability company, on behalf of the companies. Personally Known OR Produced Identification Type of Identification Produced: #11029624 v4 30364-1146 Print or Stamp Name: Notary Public, State of Florida Commission No.: My Commission Expires: 11 v 004 Notary Public State of Florida Jazzine Ckiara Herrera r MyCommission G945317 p, Expires01/08/2024 JOINDER BY MORTGAGEE (Three Round Tower A — First Mortgagee) The undersigned, the holder of that certain Multi -Family Leasehold Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing dated August 10, 2020, by Three Round Tower A, LLC, a Florida limited liability company, as mortgagor, in favor of Truist Bank, a North Carolina banking corporation, as mortgagee, recorded on August 24, 2020, in Official Records Book 32064, Page 4923 of the Public Records of Miami -Dade County, Florida, as assigned to Fannie Mae, a corporation organized under the laws of the United States of America, by Assignment of Mortgage dated as of August 10, 2020, and recorded August 24, 2020 in Official Records Book 32064, Page 4960 of the Public Records of Miami -Dade County, Florida, covering all/or a portion of the property described in the foregoing Agreement does hereby acknowledge that the terms of the Agreement shall be binding upon the undersigned and its successors in title. Witnesses: MORTGAGEE: Print Name: Print Name: STATE OF COUNTY OF ) SS: FANNIE MAE, a corporation organized and existing under the laws of the United States of America By: Name: Title: The foregoing instrument was acknowledged before me by means of [ ] physical presence or [ ] online notarization, this day of , 2023, by , as of Fannie Mae, a corporation organized and existing under the laws of the United States of America, on behalf of said entity. Personally Known OR Produced Identification Type of Identification Produced: #11029624 v4 30364-1146 Notary Public, State of Commission No.: My Commission Expires: 12 JOINDER BY MORTGAGEE (Brisas del Este — First Mortgagee) (Brisas del Este Phase Two — First Mortgagee) The undersigned, holder of (i) that certain Leasehold Mortgage, Assignment of Rents, Security Agreement and Fixture Filing dated November 19, 2021, by Brisas Del Este Apartments, LLC, a Florida limited liability company, as mortgagor, in favor of the Housing Finance Authority of Miami -Dade County, Florida, as mortgagee, recorded on November 23, 2021, in Official Records Book 32867, Page 151, as assigned to The Bank of New York Mellon Trust Company, N.A., as Fiscal Agent, by Assignment of Leasehold Mortgage and Collateral Loan Documents dated as of November 19, 2021, and recorded November 23, 2021 in Official Records Book 32867, Page 204; and (ii) that certain Amended and Restated Leasehold Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Financing Statement dated December 16, 2022, by Brisas Del Este Phase Two, LLC, a Florida limited liability company, as mortgagor, in favor of The Bank of New York Mellon Trust Company, N.A., as Fiscal Agent, as mortgagee, recorded December 20, 2022 in Official Records Book 33511, Page 3718, all of the Public Records of Miami -Dade County, Florida, covering all/or a portion of the property described in the foregoing Agreement does hereby acknowledge that the terms of the Agreement shall be binding upon the undersigned and its successors in title. WITNESSES: MORTGAGEE: Print Name: Print Name: STATE OF COUNTY OF THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. By: Name: Title: The foregoing instrument was acknowledged before me by means of ❑ physical presence or ❑ online notarization, this day of , 2023, by , as of THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. He/She ❑ is personally known to me or El has produced as identification. #11029624 v4 30364-1146 Notary Public, State of Florida Commission No.: My Commission Expires: 13 JOINDER BY MORTGAGEE (Three Round Towers B and C — First Mortgagee) The undersigned, as holder of that certain Multifamily Leasehold Mortgage, Assignment of Rents, Security Agreement and Fixture Filing (Florida) dated as of August 1, 2020, by Three Round Towers B and C, LLC, a Florida limited liability company, as mortgagor, in favor of the Housing Finance Authority of Miami -Dade County, Florida, as mortgagee, recorded on August 17, 2020, in Official Records Book 32053, Page 1286 of the Public Records of Miami -Dade County, Florida, as assigned to Citibank, N.A., a national banking association, by Assignment of Mortgage and Loan Documents dated as of August 1, 2020, and recorded August 17, 2020 in Official Records Book 32053, Page 1358 of the Public Records of Miami -Dade County, Florida, covering all/or a portion of the property described in the foregoing Agreement does hereby acknowledge that the terms of the Agreement shall be binding upon the undersigned and its successors in title. WITNESSES: MORTGAGEE: Print Name: CITIBANK, N.A., a national banking association By: Barry Krinsky, Vice President Print Name: Deal ID No. 22646 STATE OF COUNTY OF The foregoing instrument was acknowledged before me by means of ❑ physical presence or ❑ online notarization, this day of , 2023, by Barry Krinsky, as Vice President of CITIBANK, N.A., a national banking association. He ❑ is personally known to me or 0 has produced as identification. #11029624 v4 30364-1146 Notary Public, State of Florida Commission No.: My Commission Expires: 14 JOINDER BY MORTGAGEE (Brisas del Este — Second Mortgagee) (Brisas del Este Phase Two — Second Mortgagee) The undersigned, holder of (i) that certain Leasehold Mortgage and Security Agreement dated November 19, 2021, by Brisas Del Este Apartments, LLC, a Florida limited liability company, as mortgagor, in favor of the Florida Housing Finance Corporation, as mortgagee, recorded on November 23, 2021, in Official Records Book 32867, Page 249; and (ii) that certain Leasehold Mortgage and Security Agreement dated August 11, 2020, by Brisas Del Este Phase Two, LLC, a Florida limited liability company, as mortgagor, in favor of the Florida Housing Finance Corporation, as mortgagee, recorded August 21, 2020 in Official Records Book 32063, Page 3292, all of the Public Records of Miami -Dade County, Florida, covering all/or a portion of the property described in the foregoing Agreement does hereby acknowledge that the terms of the Agreement shall be binding upon the undersigned and its successors in title. WITNESSES: MORTGAGEE: Print Name: Print Name: - STATE OF COUNTY OF FLORIDA HOUSING FINANCE CORPORATION By: Name: Title: The foregoing instrument was acknowledged before me by means of ❑ physical presence or ❑ online notarization, this day of , 2023, by , as of FLORIDA HOUSING FINANCE CORPORATION. He/She 0 is personally known to me or 0 has produced as identification. #11029624 v4 30364-1146 Notary Public, State of Florida Commission No.: My Commission Expires: 15 JOINDER BY MORTGAGEE (Three Round Towers B and C — Second Mortgagee) (Brisas Del Este — Third Mortgagee) (Brisas Del Este Phase Two — Fourth Mortgagee) The undersigned, holder of (i) that certain Leasehold Mortgage and Security Agreement and Assignment of Leases, Rents and Profits dated August 11, 2020, by Three Round Towers B and C, LLC, a Florida limited liability company, as mortgagor, in favor of the Miami -Dade County, as mortgagee, recorded on August 21, 2020, in Official Records Book 32061, Page 346, as affected by Global Modification and Amendment to Miami - Dade County Surtax Loan Documents recorded on February 4, 2021 in Official Records Book 32333, Page 2466; (ii) that certain Leasehold Mortgage and Security Agreement and Assigmnent of Leases, Rents and Profits dated November 19, 2021, by Brisas Del Este Apartments, LLC, a Florida limited liability company, as mortgagor, in favor of Miami -Dade County, as mortgagee, recorded November 23, 2021 in Official Records Book 32867, Page 369; and (iii) that certain Leasehold Mortgage and Security Agreement and Assignment of Leases, Rents and Profits dated August 11, 2020, by Brisas Del Este Phase Two, LLC, a Florida limited liability company, as mortgagor, in favor of Miami -Dade County, as mortgagee, recorded August 26, 2020 in Official Records Book 32069, Page 2273, all of the Public Records of Miami -Dade County, Florida, covering all/or a portion of the property described in the foregoing Agreement does hereby acknowledge that the terms of the Agreement shall be binding upon the undersigned and its successors in title. WITNESSES: Print Name: Print Name: Approved as to form and legal sufficiency: Terrence A. Smith Assistant County Attorney MORTGAGEE: MIAMI-DADE COUNTY, FLORIDA, a political subdivision of the State of Florida By: Name: Title: STATE OF FLORIDA COUNTY OF MIAMI-DADE The foregoing instrument was acknowledged before me by means of [ ] physical appearance or [ ] audio visual means, this day of , 2023, by as of MIAMI-DADE COUNTY, a political subdivision of the State of Florida. He/She ❑ is personally known to me or ❑ has produced as identification. #11029624 v4 30364-1146 Notary Public, State of Florida Commission No.: My Commission Expires: 16 JOINDER BY MORTGAGEE (Brisas Del Este — Fourth Mortgagee) (Brisas Del Este Phase Two — Third Mortgagee) The undersigned, holder of (i) that certain Leasehold Mortgage and Security Agreement dated November 18, 2021, by Brisas Del Este Apartments, LLC, a Florida limited liability company, as mortgagor, in favor of the City of Miami, as mortgagee, recorded November 23, 2021 in Official Records Book 32867, Page 476; and (ii) that certain Leasehold Mortgage and Security Agreement dated August 11, 2020, by Brisas Del Este Phase Two, LLC, a Florida limited liability company, as mortgagor, in favor of the City of Miami, as mortgagee, recorded August 26, 2020 in Official Records Book 32069, Page 2196, all of the Public Records of Miami -Dade County, Florida, covering all/or a portion of the property described in the foregoing Agreement does hereby acknowledge that the terms of the Agreement shall be binding upon the undersigned and its successors in title. ES: Print Name: 10ec ci Print Name: / 4t? 2'4T. -So+1 Al"1FST: Todd Hanno City Clerk STATE OF FLORIDA COUNTY OF MORTGAGEE: CITY OF MIAMI, a municipal corporation of the State of Florida By: Arthur Noriega V City Manager Approved as to form and legal sufficiency: By: 1L�er Mendez City Attorney R P 0. 23 ',1-7 % The foregoing instrument was acknowledged before me by means of [-physical presence or [ ] online notarization, this k day of OujtvAti, 2023 by Arthur Noriega V, as C of CITY OF MIAMI, a municipal corporation of the State of Florida. He/She Ca' is personally known to me or 0 has produced as identification #11029624 v4 30364-1146 otary ommission No.: y Commission Expires: 17 JOINDER BY MORTGAGEE (Brisas Del Este — Fifth Mortgagee) The undersigned, holder of that certain Leasehold Mortgage, Assignment of Rents, Security Agreement and Fixture Filing (Breakage Fees) dated November 19, 2021, by Brisas Del Este Apartments, LLC, a Florida limited liability company, as mortgagor, in favor of Barings Affordable Housing Mortgage Fund III LLC, a Delaware limited liability company, as mortgagee, recorded November 23, 2021 in Official Records Book 32867, Page 533 of the Public Records of Miami -Dade County, Florida, covering all/or a portion of the property described in the foregoing Agreement does hereby acknowledge that the terms of the Agreement shall be binding upon the undersigned and its successors in title. WITNESSES: MORTGAGEE: Print Name: Print Name: STATE OF COUNTY OF BARINGS AFFORDABLE HOUSING MORTGAGE FUND III LLC, a Delaware limited liability company By: Print Name: Title: The foregoing instrument was acknowledged before me by means of [ ] physical presence or [ ] online notarization, this day of , 2023 by , as of BARINGS AFFORDABLE HOUSING MORTGAGE FUND III LLC, a Delaware limited liability company. He/She ❑ is personally known to me or ❑ has produced as identification #11029624 v4 30364-1146 Notary Public, State of Commission No.: My Commission Expires: 18 CONSENT BY FEE OWNER MIAMI-DADE COUNTY, a political subdivision of the State of Florida, as the owner of fee simple title to the Phase A Property, the Phase B&C Property, the Brisas One Property, and the Brisas Two Property, hereby consents to the foregoing Agreement and agrees to be bound thereby upon the expiration or termination of any applicable ground lease of any of the Parties. Nothing herein shall be deemed to alter the terms of any of the respective ground leases between the County • and the respective Parties. Attest: MIAMI-DADE COUNTY, a political JUAN FERNANDEZ-BARQUIN, CLERK subdivision of the State of Florida By: Deputy Clerk By: Name: Morris Copeland Title: Chief Community Services Officer Approved for legal sufficiency: By: Terrence A. Smith Assistant County Attorney STATE OF FLORIDA ) SS: COUNTY OF MIAMI-DADE The foregoing instrument was acknowledged before me this 2023 by [check one] ( ) means of physical presence or ( ) online Copeland, as Chief Community Services Officer of MIAMI-DADE subdivision of the State of Florida. He is personally known to as identification. #11029624 v4 30364-1146 day of notarization by Morris COUNTY, a political me or has produced Print or Stamp Name: Notary Public, State of Florida at Large Commission No.: My Commission Expires: 19 Exhibit "A" Phase A - Legal Description The South 360 feet of Tract "A" in FORMAN SUBDIVISION, according to the Plat thereof, as recorded in Plat Book 90, Page 99, of the Public Records of Miami -Dade County, Florida. #11029624 v4 30364-1146 20 Exhibit "B" Phase B&C - Legal Description A portion of Tract "A" of "FORMAN SUBDIVISION", according to the Plat thereof, as recorded in Plat Book 90, at Page 99, of the Public Records of Miami -Dade County, Florida, being more particularly described as follows: COMMENCE at the NE Corner of said Tract "A"; thence S87°55'01 "W along the North Boundary Line of said Tract "A", for 178.42 feet to the Point of Beginning of the parcel of land hereinafter described; thence S02°30'42"E for 241.00 feet; thence N87°55'01 "E along a line parallel with and 241 feet South of the North Boundary Line of said Tract "A", for 115.28 feet; thence S02°37'25"E for 87.95 feet; thence S37°25'01"W for 95.77 feet; thence S03°16'42"E for 166.16 feet; thence S42°3 1'43"E for 60.25 feet; thence S87°48'07"W for 228.50 feet; thence NO2°28'42"W along the West Boundary Line of said Tract "A", for 615.28 feet to the NW Corner of said Tract A; thence N87°55'01 "E along the North Boundary Line of said Tract "A", for 133.20 feet to the Point of Beginning. #11029624 v4 30364-1146 21 Exhibit "C" Brisas One Legal Description A portion of Tract "A" of "FORMAN SUBDIVISION", according to the Plat thereof, as recorded in Plat Book 90, at Page 99, of the Public Records of Miami -Dade County, Florida, being more particularly described as follows: BEGIN at the NE corner of said Tract "A"; thence S02°30'10"E along the East boundary line of said Tract "A", said line also being the West Right of Way line of NW 18th Avenue, for 297.08 feet; thence S87°42'42"W for 17.28 feet to a Point of Curvature of a circular curve to the left, concave to the Southeast; thence Southwesterly along the arc of said curve, having for its elements a radius of 41.00 feet, a central angle of 50°17'42", for an arc distance of 35.99 feet to a Point of Tangency; thence S37°25'01 "W for 21.88 feet; thence NO2°37'25"W for 87.95 feet; thence S87°55'01 "W along a line parallel with and 241 feet South of the North boundary line of said Tract "A", for 115.28 feet; thence NO2°30'42"W for 241.00 feet; thence N87°55'01 "E along the North boundary line of said Tract "A", for 178.42 feet to the Point of Beginning. #11029624 v4 30364-1146 22 Exhibit "D" Brisas Phase Two — Legal Description A portion of Tract "A" of "FORMAN SUBDIVISION", according to the Plat thereof, as recorded in Plat Book 90, at Page 99, of the Public Records of Miami -Dade County, Florida, being more particularly described as follows: COMMENCE at the NE Corner of said Tract "A"; thence S02°30'10"E along the East Boundary Line of said Tract "A", said line also being the West Right of Way Line of NW 18th Avenue, for 297.08 feet to the POINT OF BEGINNING of the parcel of land hereinafter described; thence continue S02°30'10"E along said East Boundary Line of Tract "A", also being the West Right of Way Line of NW 18th Avenue, for 317.57 feet; thence S87°48'07"W for 83.37 feet; thence N42°31'43 "W for 60.25 feet; thence NO3 ° 16'42"W for 166.16 feet; thence N37°25'01 "E for 117.65 feet to a Point of Curvature of a circular curve to the right, concave to the Southeast; thence Northeasterly along the arc of said curve, having for its elements a radius of 41.00 feet, a central angle of 50°17'42", for an arc distance of 35.99 feet to a Point of Tangency; thence N87°42'42"E for 17.28 feet to the Point of Beginning. #11029624 v4 30364-1146 23 a.4u)