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26153
AGREEMENT INFORMATION AGREEMENT NUMBER 26153 NAME/TYPE OF AGREEMENT OMNI CRA & OVERTOWN FAMILY LAND TRUST DESCRIPTION FORGIVABLE LOAN AGREEMENT/RENOVATION OF 4 APARTMENT UNITS/FILE ID: 16204/CRA-R-24-0040 EFFECTIVE DATE May 27, 2026 ATTESTED BY NICOLE EWAN ATTESTED DATE 6/4/2026 DATE RECEIVED FROM ISSUING DEPT. 6/4/2026 NOTE FORGIVABLE LOAN AGREEMENT FOR THE RENOVATION OF FOUR (4) APARTMENT UNITS AT 1437 NORTH WEST 1ST PLACE, MIAMI, FLORIDA This Forgivable Loan Agreement (this "Forgivable Loan Agreement" "Loan Agreement" or this "Agreement") dated as of the Vi day of N fk`! , 2026, is by and between the OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, a public agency and body corporate created pursuant to Section 163.356, Florida Statutes, with a principal office located at 1401 N. Miami Avenue, Miami, FL, 33136 (hereinafter the "CRA" or "Lender") and Gwendolyn L. Johnson and Gloria Taylor, as Co -Trustees of the OVERTOWN FAMILY LAND TRUST, a Florida Land Trust (the "Trust"), whose principal address is 1347 NW 1st Avenue, Miami, FL 33136 (hereinafter the "Property Owner " or `Borrower") for the renovation of four (4) residential apartment units located at 1437 North West 1st Place, Miami, Florida 33136. FUNDING SOURCE: OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AREA FUNDING AMOUNT: $500,000.00 for rehabilitation (the "Construction CRA Loan" or "Construction Loan" or "CRA Loan) RESOLUTION: CRA-R-24-0040 PROJECT NAME: 1437 NW 1st Place PROJECT TYPE: Multi -Family Rehabilitation Rental Units PROPERTY OWNER: Gwendolyn L. Johnson and Gloria Taylor, as Co -Trustees of the Overtown Family Land Trust, a Florida Land Trust TERM OF THE AGREEMENT: See Section 1.1,8 AFFORDABILITY PERIOD: Twenty Five (25) years commencing on the Close -Out of the Project. CRA ASSISTED UNITS: All of the four (4) units shall be CRA Assisted Units. PROPERTY ADDRESS: 1437 NW 1st Place, Miami, Florida 33136 Folio #: 01-3136-051-0510 Page 1 of 54 EXHIBITS ATTACHED: Exhibit "A" Exhibit "B" Exhibit "C" Exhibit "D" Exhibit "E" Exhibit "F" Exhibit "G" Exhibit "H" Exhibit "I" Exhibit "J" Exhibit "K" Exhibit "L" Exhibit " M" Exhibit "N" Exhibit "0" Schedule A Schedule 1.14 Legal Description Scope of Work and Project Schedule Budget Relocation Plan Affirmative Marketing Procedures and Responsibilities Form of Mortgage and Note Form of Covenant Form of Rent Regulatory Agreement Signage Requirements Additional Insurance Requirements Anti -Human Trafficking Affidavit Beneficial Interest and Disclosure Affidavit Conflict of Interest Disclosure, Certificate Regarding Lobbying, Certification Regarding Debarment, Suspension Senior Financing/ Current Mortgage Existing Tenant List and Rent Roll RECITALS WHEREAS, the Property Owner is the owner of the real property legally described in Exhibit "A" ("Property"). The Property Owner is renovating an existing multifamily housing property located at 1437 North West 1st Place, Miami, Florida 33136, that will provide quality rental housing units for Low -Income Households in the area; and WHEREAS, on June 18, 2024, the Board of Directors of the CRA ("Board") through resolution CRA-R-24-0040 approved funding for the Project in the amount not to exceed Five Hundred Thousand and 00/00 Dollars ($500,000.00) for hard and soft construction costs (the "Construction CRA Funds"); and WHEREAS, this Agreement relates to the CRA's funding of the Project and ensuring that the Project remains Affordable to Low -Income Households in the area; and WHEREAS, the CRA and the Property Owner intend and agree that the CRA Funds be subject to the terms and conditions of this Agreement wherein the property will remain Affordable, as defined below, for a period of twenty-five (25) years. NOW THEREFORE, in consideration of the mutual covenants and obligations herein contained, and subject to the terms and conditions hereinafter stated, the parties hereto understand and agree as follows: ARTICLE I DEFINITIONS The CRA, and the Property Owner hereby agree that the capitalized terms used herein shall have the meanings set forth below unless the context requires otherwise: Page 2 of 54 1.1 Affordability Period: The Affordability Period for this Project will be twenty- five (25) years, commencing on the Close -Out of the Project. 1.2. Affordable: A unit that satisfies the rent requirements set forth in the Rent Regulatory Agreement, as set forth in Exhibit "H." 1.3 Close -Out of the Project: 1.4 Contract Records: 1.5 Effective Date: 1.6 1.7 HUD: 1.8 CRA Assisted Units, Or Assisted Units: The date on which all renovations in the Scope of Work (set forth on Exhibit "B") have been completed (as evidenced by the issuance of a certificate of occupancy, certificate of completion or similar certificate, as is applicable, from the applicable governmental authority). Any and all books, records, documents, information, data, papers, letters, materials, electronic storage data and media, whether written, printed, computerized, electronic or electrical, however collected or preserved which is or was produced, developed, maintained, completed, received or compiled by or at the direction of the Property Owner or any Project contractor or subcontractor relating to the use of the CRA Funds in carrying out the duties and obligations required by the terms of this Agreement, including, but not limited to, financial books and records, ledgers, drawings, maps, pamphlets, designs, electronic tapes, computer drives and diskettes or surveys. The date on which this Agreement has been signed by all parties to this Agreement including the CRA Executive Director and attested to by the CRA Clerk and by Property Owner. Intentionally deleted The U.S. Department of Housing and Urban Development. The Project will consist of the total rehabilitation of four (4) two -bedroom residential housing units. Subject to Existing Tenant, all of the Assisted Units will be Page 3 of 54 1.9 CRA Loan Documents, or Loan Documents: 1.10 CRA Funds, or, the Loan: maintained as affordable to Low- Income Households for a period of twenty-five (25) years during the Affordability Period.The Project must at all times during the Affordability Period and subject to Existing Tenant maintain the following unit mix structure: one (1) two - bedroom Assisted Unit is to be rented at or below 50% Area Median Income per HUD guidelines ("AMI"), two (2) two -bedroom Assisted Units are to be rented at or below 80% AMI, and one (1) two -bedroom unit is to be rented at current market rate as one unit is currently occupied by Existing Tenant. If the Existing Tenant vacates this unit for any reason, it shall be rented at or below 50% AMI for the remainder of the Affordability Period. The payable rents are subject to annual adjustment as provided for in and by the Covenant and the Rent Regulatory Agreement, as applicable. Further restrictions apply to the CRA Assisted Units as provided in this Agreement, the Covenant, the other CRA Loan Documents and the Legal Requirements, as applicable. This Agreement and all other documents that may now or hereafter evidence or secure the CRA Funds together with other documents executed in connection therewith or presented by the Property Owner to the CRA in connection therewith or herewith, including but not limited to Exhibits F, G, and H as well as all amendments, extensions and renewals to any of the foregoing. The loan in the amount not to exceed Five Hundred Thousand 00/100 Dollars ($500,000.00). 1.11 Program: As described in Article IV of this Agreement. 1.12 Legal Requirements: All federal, state and local laws, regulations and requirements relating or pertaining to the Acquisition CRA Loan and/or the Project, and any requirements imposed by the CRA (which are consistent with the terms of this Agreement and the other CRA Loan Documents). Page 4 of 54 1.13a Low -Income Household: 1.13b Intentionally Deleted 1.13c Intentionally Deleted 1.14 Existing Tenant 1.15 Project: 1.16 Property: 1.17 Superior Loans: Annual income does not exceed 80 percent (80%) of the median income for the area, as determined by HUD, with adjustments and certain exceptions as provided in 24 CFR Part 92; however, the Project must, at all times during the Affordability Period and subject to Existing Tenant„ maintain the Unit Mix, as defined in the Covenant and in Section 1.8 of this Agreement. Any Tenant with a current lease for domicile at the Property at the time of the acquisition of the Property by Property Owner as reflected on Schedule 1.14 attached hereto. The Project will consist of a total rehabilitation of four (4)units. The Project will at all times during the Affordability Period and subject to Existing Tenant maintain the Unit -Mix, as set forth in the Covenant. The Buildings on the Property shall be renovated in accordance with the Project Schedule/Scope of Work and the plans and specifications (attached hereto and incorporated herein as Exhibit "B"), that will provide affordable housing opportunities in accordance with income guidelines as outlined in this agreement and all attachments. The real property located at, 1437 North West 1st Place, Miami, Florida 33136 in the County of Miami -Dade, State of Florida, on which, the Project is being rehabilitated, as legally described in Exhibit "A", attached hereto and incorporated herein. Mortgage Electronic Registration Systems, Inc (OR Book/Page 27953/3188; Mortgagor: 1558 Investors Corp. (OR Book/Page 22958/305) Page 5 of 54 1.18 Term: 1.19 The Covenant: 1.20 Project Manager The period commencing on the Effective Date of this Agreement and Loan Documents hereof and ending at the expiration of the Affordability Period, unless this Agreement is terminated sooner as provided for herein. A Declaration of Restrictive Covenants to be recorded in the Public Records of Miami -Dade County, Florida, of even date herewith to ensure that the Project -Assisted Units will qualify and remain Affordable during the Affordability Period. Poinciana Development Group, Inc., a Florida Profit Corporation ARTICLE II CRA FUNDS Upon satisfaction of all conditions set forth herein, the CRA has disbursed or shall disburse the CRA Funds to the Property Owner for the purposes herein set forth. 2.1 Use of Construction CRA Funds. The Construction CRA Funds shall be used for the rehabilitation of the Property in accordance with the Scope of Work/Project Schedule attached hereto and incorporated herein as Exhibit "B" and the Budget attached hereto and incorporated herein as Exhibit "C". 2.2 Disbursement. The Construction CRA Funds shall be disbursed in accordance with the Budget attached hereto and incorporated herein as Exhibit "C" as a reimbursement or upon presentation, to the CRA, of invoices, subject to the availability of funds, which the CRA deem satisfactory and approves in its sole and absolute discretion. The CRA agrees to not unreasonably delay its approval. 2.3 Repayment of Construction CRA Funds. Subject to the terms of this Agreement providing for the forgiveness of the Construction CRA Loan upon the stated conditions being met, repayment by the Property Owner of principal, accrued interest if applicable, and other costs and charges (relating to the Construction CRA Loan) set forth in the CRA Loan Documents shall be deferred until the Close -Out of the Project. Upon the Close -Out of the Project, payment of the principal, applicable interest, and other costs and charges related to the CRA Construction Loan shall be deferred to the end of the Affordability Period. Upon the Close -Out of the Project, he CRA Loan will be repaid as follows: A. The Construction CRA Loan shall bear zero percent (0%) during the term of the Project. Upon receipt of the first disbursement, the Construction CRA Loan will be converted to a forgivable loan that shall bear interest at the rate of zero percent (0%) per annum simple interest only, with the entire principal balance and any accrued and unpaid interest and other charges due at maturity. Notwithstanding Page 6 of 54 anything in this Agreement or any of the other CRA Loan Documents to the contrary provided that an event of default pursuant to Article VII hereof does not occur the Construction CRA Loan shall be forgiven at the end of the Affordability Period. At the end of the Affordability Period, the CRA shall cancel all remaining indebtedness on the Construction CRA Loan, cancel the Promissory Note, as set forth in Exhibit "F" (the "Note"), for the Construction CRA Loan (and deliver, or cause to be delivered, the cancelled original Note to the Property Owner), and satisfy the Mortgage of even date herewith, as also set forth in Exhibit "F" ("Mortgage"), for the CRA Construction Loan, and prepare and record a satisfaction of the Mortgage in the Public Records of Miami -Dade County, Florida. The CRA may, at its sole discretion in a signed writing executed by the parties hereto, forgive all remaining indebtedness and other sums due on the Loan, if any, and release all documents given as collateral security for no additional consideration at any time before maturity. B. The Property Owner shall not agree to any transaction or agreement that will create additional mandatory superior payments without the Executive Director's prior written approval, which approval shall not be unreasonably withheld, conditioned, or delayed. C. Notwithstanding any provision herein to the contrary, the amount of the Construction CRA Funds disbursed hereunder together with all interest accrued thereon, shall become due and payable upon the occurrence of an Event of Default as described in Article VII below and the continuance of such Event of Default beyond the applicable grace, notice and/or cure period, if any. ARTICLE III DISBURSEMENT REQUIREMENTS 3.1 CONDITIONS OF DISBURSEMENT OF CRA FUNDS. The CRA shall not be obligated to disburse the Construction CRA Funds unless and until the CRA has received the following: 3.1.1 Title Insurance. A title insurance commitment issued by a title insurance company acceptable to the CRA identifying the CRA's insurable interest, the Property Owner's interest in the Property, together with copies of all instruments which appear as exceptions therein. The title commitment and policy shall be issued without exceptions, except for those exceptions permitted by the CRA, and shall include such affirmative coverage as the CRA shall require. 3.1.2 Survey. An original current survey of the Property made by a registered surveyor satisfactory to the CRA and the title company and containing such certifications as the CRA and the title company may require. Page 7 of 54 3.1.3 Zoning. Evidence that the Property and the proposed improvements comply with all applicable zoning ordinances or are otherwise legal non -conforming. 3.1.4 CRA Program. Evidence of the Property Owner's satisfactory compliance with all of the applicable requirements of the CRA Assisted United. 3.1.5 Proof of Ownership. (c) Evidence satisfactory to the CRA that Property Owner or any partner of such entity, is qualified and authorized to receive funds from and in accordance with the requirements provided in these documents. 3.1.6 Insurance Policies. The Property Owner agrees to provide the CRA and the City of Miami with certificates of insurance as set forth in Exhibit "J". The Property Owner further agrees to furnish additional insurance requirements or certificates of insurance as required by the CRA and the City of Miami in connection with the Mortgage Document. All such insurance shall insure the CRA and the City, as an additional insured, with a loss payable clause in favor of the CRA. The Property Owner shall be required to obtain and furnish evidence of any other insurance coverage the CRA and the City may reasonably require during the Term of this Agreement, including, but not limited to that described on Exhibit "J" attached hereto and made a part hereof. All such policies shall provide the CRA and the City with mandatory written notice of cancellation or material change from the insurer not less than thirty (30) days prior to any such cancellation or material change, and all such policies shall be written by insurance companies satisfactory to the CRA and the City. Failure of the Property Owner to submit all required evidence of the specified insurance coverage, except for Comprehensive General Liability and umbrella liability coverage, three (3) calendar days prior to the closing shall delay the disbursement of the CRA Funds. Notwithstanding anything to the contrary contained herein, both Lender and Borrower acknowledge and agree that this Agreement is being executed with the understanding that all required insurance documents, as set forth in Exhibit "J", which by this reference is incorporated into and made part of this Agreement, that are required by the City of Miami's Department of Risk Management ("Risk Management") must be submitted to and approved by Risk Management prior to the commencement of any and all construction related to this Agreement. 3.1.7 Operative Documents. This Agreement, the Covenant, the Mortgage, The Note and all other CRA Documents, duly and lawfully executed by the Property Owner, and in recordable form, where appropriate. Page 8 of 54 3.1.8 Appraisal. A current appraisal of the Property made by a member of the American Institute of Real Estate Appraisers. 3.1.9 List of Subcontractors. A list of all of the Property Owner's subcontractors as of the date of execution of this Agreement, and copies of all contracts in excess of $10,000 for the performance of services or the supply of materials in connection with the Project to be funded pursuant to this Agreement. 3.1.10 Compliance with CRA Requirements. All other documents reasonably required by the CRA Program evidencing compliance with all requirements. 3.1.11 Intentionally Deleted. 3.1.12 Evaluation of Project Costs. The evaluation of the Project's costs as prepared by an independent engineer/general contractor, that supports the total projected construction costs of the Project. The evaluation must be provided before the distribution of any CRA Funds. 3.1.13 First Source Hiring Agreement. If applicable, an executed First Source Hiring Agreement between the Property Owner and the CRA. 3.1.14 Historic Preservation Review. All applicable requirements of the State of Florida Historic Preservation Department shall have been met prior to the disbursement of any =:funds hereunder. 3.1.15 Environmental Report. The Property Owner shall submit all information requested by the CRA with respect to the Project including, but not limited to, Phase I and Phase II Environmental Assessment Reports, as applicable. 3.1.16 Audit Report. The Property Owner shall submit audit reports, as are required herein, to the CRA. 3.1.17 Personnel Policies and Administrative Procedure Manuals. The Property Owner shall submit detailed documents describing the Property Owner's internal organizational structure, property management and procurement policies and procedures, personnel management, accounting policies and procedures, etc. Such information shall be submitted Page 9 of 54 to the CRA within thirty (30) days of the execution of this Agreement and prior to the disbursement of any funds hereunder. 3.1.18 Certificate Regarding Lobbying. Such Certificate Regarding Lobbying as may be requested by the CRA. 3.1.19 Certificate Regarding Debarment, Suspension, and Other Responsibility Matters. Such Certificate Regarding Debarment, Suspension and Other Responsibility Matters as may be requested by the CRA. 3.1.20 Public Entity Crime Affidavit. Such Public Entity Crime Affidavit as may be required by the CRA. 3.1.21 Environmental Clearance. Property Owner and Project Manager must ensure that all clearances are received by the CRA prior to construction. 3.1.22 All other documents reasonably required by the CRA. ARTICLE IV CRA PROGRAM REQUIREMENTS The Property Owner shall comply with all requirements of this Agreement including, but not limited to: 4.1 GENERAL. 4.1.1 The Property Owner and Project Manager shall maintain current documentation that its activities qualify under the CRA Requirements. 4.1.2 The Property Owner shall ensure that any expenditure of the CRA Funds will be in compliance with the Scope of the Project, as set forth in Exhibit "B". 4.1.3 The CRA and the Property Owner shall comply with an active relocation plan for current tenants as stated on Exhibit "D". 4.1.4 The Property Owner shall ensure that, upon completion of the Project and throughout the Affordability Period, the Project meets the property standards as required by the CRA, this Agreement, and the Loan Documents. Page 10 of 54 (b) 4.1.5 Throughout the Affordability Period the Property Owner shall comply with all Project housing quality standards imposed by the CRA. 4.1.6 The Property Owner agrees that throughout the Affordability Period, Rents and tenant incomes for the CRA Assisted Units shall be monitored by the CRA. 4.1.7 The Property Owner shall ensure and maintain documentation that conclusively demonstrates that each activity assisted in whole or in part with CRA Funds is an activity that benefits Low -Income Households. 4.2 REAL PROPERTY. 4.2.1 Any real property that was acquired or improved in whole or in part with CRA Funds shall be either: (a) Used to complete the rehabilitation Project at the Property as outlined in Exhibit "B". (b) Disposed of in a manner that results in the CRA being reimbursed for the amount of the CRA Funds. 4.2.2 All real property rehabilitated in whole or in part with funds for this Agreement with the CRA, shall be listed in the property records of the Property Owner and shall include: a legal description; size; address and location; owner's name if different from the Property Owner; information on the transfer or disposition of the property; and a map indicating whether property is in parcels, lots, or blocks and showing adjacent streets and roads. The property records shall describe the programmatic purpose for which the property was acquired and identify the Project activity that will be completed. If the property was improved, the records shall describe the programmatic purpose for which the improvements were made and identify the Project activity that will be completed. 4.3 PERSONAL PROPERTY. 4.3.1 Definitions. (a) Personal Property. Personal Property of any kind except real property: 1) Tangible. All personal property having physical existence. 2) Intangible. All personal property having no physical existence such as patents, inventions and copyrights. Non -expendable Personal Property. Tangible personal property of a non- consumable nature, with a value of $500.00 or more per item, with a normal expected life of one or more years, not fixed in place, and not an integral part of a structure, facility, or another piece of equipment. Page 11 of 54 (c) Expendable Personal Property. All tangible personal property other than non - expendable property. 4.3.2 Requirements. The Property Owner shall comply with the non -expendable personal property requirements stated below: (a) All non -expendable personal property purchased in whole or in part with funds from this and previous contracts with the CRA shall be listed in the property records of the Property Owner and shall include: a description of the property; location; model number; manufacturer's serial number; date of acquisition; funding source; unit cost; property inventory number; information on its condition; and information on the transfer, replacement, or disposition of the property. (b) All non -expendable personal property purchased in whole or in part with funds from this and previous contracts with the CRA shall be inventoried annually by the Property Owner and an inventory report submitted to the CRA when and as requested by the CRA. The inventory report shall include the elements listed in Paragraph 4.3.2(a), above. (c) Ownership of all non -expendable personal property purchased in whole or in part with funds given to the Property Owner pursuant to the terms of this Agreement shall vest in the CRA. 4.4 DISPOSITION. The Property Owner shall obtain the prior written approval of the CRA for the disposition of real property. Expendable personal property and non -expendable personal property purchased, improved. or rehabilitated in whole or in part with funds given to the Project Sponsor or its subcontractors pursuant to the terms of this Agreement, and shall dispose of all such property in accordance with reasonable instructions from the CRA. Those instructions may require the return of all such expendable personal property and non - expendable personal property to the CRA. The Property Owner understands that the CRA shall have the right of first refusal in the event of a sale of the Property as set forth in the Covenant ("Right of First Refusal"). If disposition is during the Affordability Period, and the CRA elects to not exercise the right of first refusal then Property Owner and the purchaser of the Property ("Purchaser"), and any and all subsequent purchasers of the Property, shall: A. Provide notice of such sale to the CRA; B. Consult CRA in order to determine whether CRA will elect to exercise its Right of First Refusal in accordance with the Covenant; and C. Acknowledge in writing that the Purchaser is acquiring the Property subject to the Covenant, Rent Regulatory Agreement, and other CRA Loan Documents. Notwithstanding anything herein to the contrary, during the Affordability Period, the Property Owner may sell, transfer, or convey the Property to a spouse, child, children, sibling, or siblings (collectively "Family Members") as long as the following three requirements are satisfied: (i) Family Member gives notice to the CRA of such sale, conveyance, or transfer in writing, (ii) Family Member acknowledges and (iii) agrees in writing that the Family Member is acquiring the Property subject to the Covenant, Rent Regulatory Agreement, and other CRA Loan Documents. Page 12 of 54 4.5 SUBCONTRACTS AND ASSIGNMENTS. 4.5.1 The Property Owner and Project Manager shall ensure that all subcontracts and assignments funded with CRA Funds hereunder: (a) Identify the full, correct, and legal name of all parties in all material respects; (b) Describe the activities to be performed; (c) Present a complete and accurate breakdown of its price component; (d) Incorporate a provision requiring compliance with all applicable regulatory and other requirements of this Agreement, including but not limited to the CRA's Minority Procurement Ordinance, and with any other conditions and/or approvals that the CRA may deem necessary. The requirements of this subparagraph apply to subcontracts and assignments in which parties are engaged to carry out any eligible substantive programmatic service, as may be defined by the CRA, set forth in this Agreement. The CRA shall in its sole and absolute discretion determine when services are eligible substantive programmatic services and subject to the audit and record -keeping requirements described in this Agreement; and (e) Incorporate the language of the Certificate Regarding Lobbying executed in connection herewith. 4.5.2 The Property Owner and Project Manager shall incorporate in all consultant and other subcontracts funded with CRA Funds hereunder the following provision: "[The Property Owner ] is not responsible for any insurance or other fringe benefits, e.g., social security, income tax withholding, retirement or leave benefits, for [the Consultant] or employees of [the Consultant], that are normally available to direct employees of [the Property Owner ]. [The Consultant] assumes full responsibility for the provision of all insurance and fringe benefits for himself/herself/itself and employees retained by [the Consultant] in carrying out the Scope of Services provided in this subcontract." 4.5.3 The Property Owner and Project Manager shall be responsible for monitoring the contractual performance of all subcontracts. 4.5.4 The Property Owner shall submit to the CRA for its review and confirmation any subcontract engaging any party who agrees to carry out any substantive programmatic activities, to ensure its compliance with the requirements of this Agreement. The CRA's review and confirmation shall be obtained prior to the release of any funds for the Property Owner's subcontractor(s). 4.5.5 The Property Owner shall receive written approval from the CRA (such consent not to be unreasonably withheld, conditioned or delayed) prior to either assigning or transferring any obligations or responsibility set forth in this Agreement. Page 13 of 54 4.5.6 Approval by the CRA of any subcontract or assignment shall not under any circumstances be deemed to be the CRA's agreement to incur any obligations in excess of the total dollar amount agreed upon in this Agreement. 4.5.7 The Property Owner and its subcontractors shall comply with all applicable Federal, state, and local laws, ordinances, and regulations. 4.5.8 If the CRA requests it, the Property Owner shall submit to the CRA, for written prior approval, all proposed Solicitation Notices, Invitations for Bids, and Requests for Proposals. 4.6 REPORTING OBLIGATIONS. 4.6.1 The Property Owner shall submit the following as required by the CRA: 4.6.1.1 Audits, Other Information and Records (i) The Property Owner shall submit to the CRA annually the updated List of Tenants Report, showing the rents charged and amount paid by each tenant monthly by December 31st of each year. (ii) Property owner understands that the CRA has the full authority to conduct an audit at any time conducted by an independent certified public accountant or firm of independent certified public accountants in accordance with generally accepted auditing standards, including audited financial statements and a report on compliance with laws and regulations based on the audit of fmancial statements at a cost to the CRA. As a result, the CRA shall have access to all records and files. Each such audited financial statement is to be for the 12 months ended December 31 and shall include: a. Comparative Balance Sheet with prior year and current year balances; b. Statement of revenue and expenses; c. Statement of changes in fund balances or equity if applicable; d. Statement of cash flows; and e. Notes The financial statements shall be accompanied by a certification of the Property Owner as to the accuracy of such financial statements. Page 14 of 54 The Property Owner shall submit to the CRA all reports described in this Section 4.6, and all other reports that the CRA may reasonably require, in such form, manner and frequency as the CRA may require to monitor the progress of the Project and the Property Owner's performance and compliance with this Agreement, the Rent Regulatory Agreement, the other CRA Loan Documents and all Legal Requirements. 4.6.2 Federal, State and County Laws and Regulations. 4.6.2.1 The Property Owner shall comply with all applicable provisions of federal, state, county and city laws, regulations, rules and administrative requirements. 4.6.2.2 The Property Owner shall comply with Title VI of the Civil Rights Act of 1964, as amended, which prohibits discrimination on the basis of race, color, or national origin; the Age Discrimination Act of 1975, as amended, which prohibits discrimination on the basis of age; Title VIII of the Civil Rights Act of 1968, as amended. 4.6.2.3 Clean Air Act of 1970 (42 U.S.C. 7401 et. seq.), as amended; the Federal Water Pollution Control Act (33 U.S.C. 1251), as amended; Section 508 of the Clean Water Act (33 U.S.C. 1368); Environmental Protection Agency regulations (40 CFR Part 15); and Executive Order 11738. 4.7 ADDITIONAL CRA FUNDING. The Property Owner acknowledges that under the CRA Program, CRA Funds may be committed to the Project up to one (1) year after "Substantial Completion", but the amount of CRA Funds in the Project may not exceed the total amount established by this Agreement. In the event that the Project will need additional funding (in excess of the CRA Funds) the Property Owner agrees to seek and obtain additional funding to achieve Close -Out of the Project. Any additional subsequent funding requests from the CRA must be made by a written amendment to this Agreement signed by the parties hereto, subject to the availability of funds. ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE PROPERTY OWNER The Property Owner represents and warrants to the CRA as follows: 5.1 Ownership. The Property Owner does fully warrant the title to the Property and has full power and authority to conduct its business as presently conducted, to receive the CRA Funds, has ownership of the property and is in charge of the operations at the property. The Project shall comply with all applicable CRA Requirements. The Property Owner has full power and authority to perform the provisions hereof and of its agreements and undertakings with the CRA and to perform the transactions contemplated hereby, and such execution and performance have been duly authorized by all necessary corporate or other approvals and actions. Page 15 of 54 5.2 Correctness of Documents. The cost estimates, Budget, schedules, and all other documents. furnished to the CRA in accordance with the Program, this Agreement, and/or the other CRA Loan Documents, are true and correct in all material respects and accurately set forth the facts contained therein and neither misstate any material fact nor, separately or in the aggregate, fail to state any material fact necessary to make the statements made therein not misleading. 5.3 Absence of Proceedings, Actions and Judgments. There are no conditions, circumstances, events, agreements, documents, instruments, restrictions, actions, suits or proceedings pending or threatened against or affecting the Property Owner , the Project or the Property which could adversely affect the Property Owner 's ability to comply with the CRA funding requirements of the Project, complete or operate the Project or to perform its obligations hereunder or which would constitute an Event of Default hereunder or under the other CRA Loan Documents regardless of the giving of notice or the passage of time or both. There are no outstanding or unpaid judgments or arbitration awards against the Property Owner. 5.4 Non -Default. The Property Owner is not in default or violation with respect to any Legal Requirement, nor is it in default under or in material breach of any instrument or agreement to which it is a party or by which it otherwise may be bound. The execution and delivery of this Agreement and the other CRA Documents, the consummation of the other transactions contemplated hereby, and the ownership and development of the Project as contemplated hereby and by the other CRA Documents: (i) do not and will not conflict with or result in violation of any Legal Requirement or in the breach or default under any indenture, contract, agreement or other instrument to which the Property Owner is a party or by which it may be bound; and (ii) have been duly authorized by all necessary actions and approvals, whether corporate or otherwise. 5.5 Valid Obligations. This Agreement and all of the other CRA Loan Documents, when executed and delivered, shall constitute the duly authorized, legal, valid and binding obligations of the Property Owner and will be enforceable in accordance with their respective terms. 5.6 Marketable Title. The Property Owner has good and marketable title to the Property, subject only to: (a) the exceptions and other matters set forth in that certain Title Insurance Commitment 1680336-Alissued by Old Republic National Title Insurance Company, effective as of April 2nd, 2026, as endorsed. (Collectively, the "Title Commitment and Exceptions"); and (b) from time to time, the granting of utility and similar easements on a non -material portion of the Property to utility and similar service providers for the installation and maintenance of utility and similar service equipment and components. 5.7 Compliance. The completion and use of the CRA Funds in accordance with the Scope of Work will comply fully with all Legal Requirements, and with all limitations on the use of the Project, or any other condition, grant, easement, covenant, or restriction, whether recorded or not. All necessary approvals, permits and licenses for the construction, operation, and use of the Project have been unconditionally obtained and are in full force and effect, or if the present state of construction of the Project does not allow such issuance, then such approvals, permits and licenses will be issued when the Project is completed. Page 16 of 54 5.8 Encroachments. When completed in accordance with the Scope of Work, the Project will not encroach upon any building line, setback line, side yard line or other recorded or visible easements or other easements of which the Property Owner is aware which exists (or which the Property Owner has reason to believe may exist) with respect to the Project other than set forth in the Title Commitment and Exceptions. 5.9 Scope of Work. The Scope of Work is complete in all respects, and contains all details requisite for the Project which, when built and equipped in accordance therewith, shall be ready for the intended use and occupancy thereof. 5.10 Leases. There are no leases, tenancies, licenses or agreements for use of any part of the Property other than the Existing Leases which have been specifically disclosed to and approved by the CRA in the rent regulatory agreement. 5.11 Pending Assessments. The Property Owner has no knowledge of any pending or proposed governmental action that would impair the operation or value of the Project or result in a special assessment against the Project. 5.12 Waste. The Property Owner shall not intentionally commit or suffer physical waste or negligence on the Project. 5.13 Fraud. No fraud by the Property Owner has occurred in the qualification of the Project, the Property Owner and/or the Property for CRA funding, the negotiation of this Agreement and the other CRA Documents, nor in the transactions contemplated hereby. 5.14 No Casualty. No part of the Property and/or the Project has been damaged or has been subjected to condemnation or other proceedings, and, to the best of the Property Owner's knowledge and belief, no such proceedings have been threatened. 5.15 No Changes. There have been no material adverse changes in projected costs and expenses of or from the Project or in the occupancy of the Property or any other features of the transactions contemplated hereby as submitted to the CRA. 5.16 Compliance with Laws and Regulations. The Property Owner will comply at all times with all Legal Requirements. The Property Owner will comply at all times with the CRA Requirements affecting the ownership, use, construction, lease and operation of the Project. Page 17 of 54 5.17. Other Project Financing. The Property Owner has not applied for nor received, and does not otherwise have available, in connection with the Project any other financing/funding, except for those funds, loans and/or loan commitment previously identified in writing to, and approved by, the CRA as set forth on the attached Schedule A the ("Senior Financing/ Current Mortgage"). 5.18 Reaffirmation. Each of the representations and warranties set forth in this Article shall be true at all times and the acceptance of the CRA Funds hereunder by the Property Owner shall be deemed to be a reaffirmation of each of the representations and warranties given in this Agreement. ARTICLE VI PROPERTY OWNER 'S AND OWNER'S OBLIGATIONS 6.1 Scope of Work. The Project Manager as approved by the Board of the CRA through resolution CRA-R-24-0040 shall oversee the entire project and shall ensure performance of the Scope of Work and Schedule as set forth herein and on Exhibit "B" attached hereto. Property Owner shall: (a) meet all of its obligations hereunder and under all of the CRA Loan Documents executed in connection herewith, (b) rent all CRA Assisted Units to Low -Income Households (to the extent tenants meeting such income standards are available and desire to rent the units) in accordance with the requirements of all Loan Documents subject to the Existing Leases, throughout the Affordability Period, (c) throughout the Affordability Period, comply with all applicable CRA Requirements set forth in this Agreement and in the other CRA Loan Documents with regard to the CRA Assisted Units. 6.2 Reporting Obligations. The Property Owner shall submit to the CRA all reports as described in Section 4.6 hereof, and all other reports that the CRA may reasonably require, in such form, manner, and frequency as the CRA may reasonably require to monitor the progress of the Project and the Property Owner 's performance and compliance with this Agreement and all Legal Requirements. 6.3 Retention of Records. The Property Owner shall retain all Contract Records for five (5) years after the expiration of the Affordability Period (hereinafter referred to as the "Retention Period") subject to the limitations set forth below: (a) If the CRA or the Property Owner has received or given notice of any kind indicating any threatened or pending litigation, claim or audit arising out of the activities relating to the Project or the Scope of Work or under the terms of this Agreement, the Retention Period shall be extended until such time as the threatened or pending litigation, claim or audit is, in the sole and absolute discretion of the CRA, fully, completely and finally resolved. (b) The Property Owner shall allow the CRA or any person authorized by the CRA (during normal business hours and upon at least 24-hours prior notice) full access to and the right to examine any of the Contract Records during the required Retention Period. Page 18 of 54 (c) The Property Owner shall notify the CRA in writing, both during the pendency of this Agreement and after its expiration termination, as part of the final closeout procedure, of the address where all Contract Records will be retained. 6.4 Provision of Records. All of the Contract Records are subject to the provisions of Chapter 119, Florida Statutes, commonly referred to as the "Public Records Law". The Property Owner shall provide to the CRA, upon request, all Contract Records. The requested Contract Records shall become the property of the CRA without restriction, reservation, or limitation on their use and shall be made available by the Property Owner at any time upon request by the CRA. The CRA shall have the unlimited right to all books, articles, or other copyrightable materials developed in the performance of this Agreement, including, but not limited to, the right of royalty -free, non-exclusive, and irrevocable license to reproduce, publish, or otherwise use, and to authorize others to use, the Contract Records for public purposes. If the Property Owner receives funds from, or is under regulatory control of, other governmental agencies and those agencies issue monitoring reports, regulatory examinations, or other similar reports, the Property Owner shall provide a copy of each such report and any follow-up communications and reports to the CRA immediately upon such issuance unless such disclosure is a violation of those agencies' rules. 6.5 Prior Approval. Except for the current encumbrance on the Property, the Permitted Senior Financing as set forth in Section 5.17 of this Agreement and Schedule A attached, the Project Sponsor shall obtain the CRA's prior written approval prior to undertaking any of the following with respect to the Project and/or the Property: (a) Except as permitted in Section 4.4. and except for sale or conveyance or transfer to a Family Member or Family Members, the sale, assignment, pledge, transfer, hypothecation or other encumbrance or disposition of any proprietary or beneficial interest in the Project Sponsor, the Project or the Project Sponsor's estate in the Property, which shall require the prior written approval of the Executive Director of the CRA (such approval not to be unreasonably withheld, conditioned or delayed). Except in the case of repair or replacement caused by normal wear and tear, and otherwise due to casualty or condemnation in accordance with the terms of this Agreement, the disposition of , any real property or any expendable personal property or non -expendable personal property as defined in Paragraph 4.3.1. (b) (c) Any proposed Solicitation Notice, Invitation for Bids or Request for Proposals. (d) The disposal of any Contract Records during the Retention Period. 6.5.1 Executive Director of the CRA shall have the discretion to approve and authorize, the execution and negotiation of all necessary documents to further Close -Out of the Project. 6.6 Monitoring. The Property Owner shall permit the CRA and other persons duly authorized by the CRA to inspect (during normal business hours and upon reasonable prior notice) all Contract Records, facilities, goods, and activities of the Property Owner that are in any way connected to the activities undertaken pursuant to the terms of this Agreement, and/or to interview any clients, employees, subcontractors, or assignees of the Property Owner. Following such inspection or interviews, the CRA will Page 19 of 54 deliver to the Property Owner a report of its findings. The Property Owner will rectify all deficiencies cited by the CRA within the period of time specified in the report, or provide the CRA with a reasonable justification for not correcting the deficiencies. The CRA will determine, in its sole and absolute discretion, whether or not the Property Owner's justification is acceptable. 6.7 Conflict of Interest. A. The Property Owner is aware of the conflict of interest laws of the City of Miami (Code of the City of Miami, Florida, Chapter 2, Article V), of Miami -Dade County, Florida (Code of Miami -Dade County, Florida, Section 2-11.1), and of the State of Florida (as set forth in Florida Statutes) and agrees that it will fully comply in all respects with the terms thereof and any future amendments. B. The Property Owner covenants that no person or entity under its employ, presently exercising any functions or responsibilities in connection with this Agreement, has any personal fmancial interests, direct or indirect, with the CRA. The Property Owner further covenants that, in the performance of this Agreement, no person or entity having such conflicting interest shall be utilized in respect to the Scope of Work or services provided hereunder. Any such conflict of interest(s) on the part of the Property Owner, its employees or associated persons or entities must be disclosed to the CRA. C. The Property Owner shall disclose any possible conflicts of interest or apparent improprieties of any party under or in connection with the Legal Requirements, including the standards for procurement. D. The Property Owner shall make any such disclosure to the CRA in writing and immediately upon the Property Owner's discovery of such possible conflict. The CRA's determination regarding the possible conflict of interest shall be binding on all parties. E. No employee, agent, consultant, elected official or appointed official of the CRA, exercising any functions or responsibilities in connection with the CRA's Program or this Agreement, or who is in a position to participate in the decision -making process or gain inside information regarding these CRA-assisted activities, has any personal financial interest, direct or indirect, in this Agreement, the proceeds hereunder, the Project or the Property Owner , either for themselves or for those with whom they have family or business ties, during their tenure or for one year thereafter. 6.8 Related Parties. The Property Owner shall report to the CRA the name, purpose for and any other relevant information in connection with any related -party transaction. The term "related party transaction" includes, but is not limited to, a transaction or relationship between the Property Owner and a for -profit or nonprofit subsidiary or affiliate organization, an organization with an overlapping board of directors, and an organization for which the Property Owner is responsible for appointing memberships. The Property Owner shall report this information to the CRA upon forming the relationship, or if already formed, shall report such relationship prior to or simultaneously with the execution of this Agreement. Any supplemental information shall be promptly reported to the CRA no later than in the next required Progress Report, as described above. 6.9 Publicity and Advertisements. The Property Owner shall ensure that all publicity and advertisements prepared and released by the Property Owner, such as pamphlets and news releases, related to activities funded by this Agreement, and all events carried out to publicize the accomplishments of any activities funded by this Agreement, recognize the CRA as one of its funding sources. Page 20 of 54 6.10 Procurement. The Property Owner shall make a commercially reasonable effort to procure supplies, equipment, construction, or services to fulfill this Agreement from minority and women owned businesses, and to provide these sources the maximum feasible opportunity to compete for subcontracts to be performed pursuant to this Agreement. To the maximum extent feasible, these businesses shall be located in or owned by residents of the community development areas designated by the CRA. 6.11 Additional Funding. The Property Owner shall not procure any other financing in connection with the Project or the Property without the prior written consent of the CRA, other than those financings disclosed to the CRA in writing as of the date hereof, which, for avoidance of doubt, are provided for in Section 5.17 of this Agreement. 6.12 Reversion of Assets. The Property Owner shall return to the CRA upon the expiration or termination of this Agreement any CRA Funds on hand, any funds or accounts receivable attributable to the CRA Funds, and any overpayments due to unearned funds or costs disallowed pursuant to the terms of this Agreement that were disbursed to the Property Owner by the CRA. Any funds not earned by the Property Owner prior to the expiration or termination of this Agreement shall be retained by the CRA. 6.13 Repayment of Funds Procedures. If, after notice and the expiration of any applicable cure period, for any reason during the Affordability Period any CRA Assisted Unit fails to comply with the Affordability requirements of this Agreement, the Property Owner shall repay to the CRA all funds received by the Property Owner pursuant to this Agreement, and interest thereon as provided in the CRA Note. 6.14 Affirmative Marketing. The Property Owner shall comply with the affirmative marketing requirements and procedures provided on Exhibit "E" attached hereto and made a part hereof. 6.15 Intentionally Deleted. 6.16 Signage, Acknowledgement, Publicity. During the Term of this Agreement, the Property Owner shall furnish signage identifying the Project and shall acknowledge the contribution of the CRA by incorporating the seal of the CRA and the names of the CRA commissioners and officials in all documents, literature, pamphlets, advertisements, and signage, permanent or otherwise in accordance with Section 6.9 hereof. All such acknowledgments shall be in a form acceptable to the CRA, as provided on Exhibit "I" attached hereto and made a part hereof. All publicity and advertisements prepared and released by the Property Owner related to the Project, such as pamphlets and news releases, and all events carried out to publicize the Project, shall recognize the CRA as one of the Project's funding sources. 6.17 Intentionally Deleted. 6.18 Affirmative Action. The Property Owner shall not discriminate on the basis of race, color, national origin, sex, religion, age, sexual orientation, marital or family status or handicap/disability in connection with its performance under this Agreement or in connection with the occupancy of any CRA Assisted Unit. Age discrimination and discrimination against minor dependents are also not permitted. Page 21 of 54 6.19 Intentionally Deleted 6.20 Compliance with Safety Precautions. The Property Owner shall allow CRA and or City inspectors, agents or representatives the ability to monitor its compliance with safety precautions as required by federal, state or local laws, rules, regulations and ordinances. By performing these inspections the CRA, its agents, or representatives are not assuming any liability by virtue of such laws, rules, regulations and ordinances. The Property Owner shall have no recourse against the CRA, its agents, or representatives for the occurrence, non-occurrence or result of such inspection(s), and shall obtain the affirmative acknowledgment of the Property Owner , for the benefit of the CRA, that the Property Owner shall have no recourse against the CRA, its agents, or representatives for the occurrence, non-occurrence or result of such inspection(s). The Property Owner shall affirmatively comply with all applicable provisions of the Americans with Disabilities Act ("ADA") in the course of providing any work,•labor or services funded by the CRA, including Titles I and II of the ADA (regarding nondiscrimination on the basis of disability) and all applicable regulations, guidelines and standards. Additionally, the Property Owner shall take affirmative steps to ensure nondiscrimination in the employment of disabled persons. 6.21 Draw Requests. Each Request for Disbursement of Construction CRA Funds for costs will be disbursed by the CRA, based on project specific invoices submitted and authorized by the Project Manager. 6.22 Insurance Proceeds. Notwithstanding anything to the contrary contained herein or in the other CRA Loan Documents, the Property Owner may make insurance proceeds available for the restoration and repair of the Property and the Project if all of the following conditions are met: (i) the Property Owner is not in breach or default of any provision of the Mortgage or any other loan document between the Property Owner and Lender; (ii) the Property Owner reasonably determines that there will be sufficient funds, through insurance proceeds and contributions by the Property Owner , to (a) restore and repair the Property and the Project to a condition as close as reasonably possible to what previously existed, and (b) meet all operating costs and other expenses, payments for reserves and loan repayment obligations relating to the Property and the Project until completion of the restoration and repair of the Property and/or the Project to a condition as close as reasonably possible to what previously existed; (iii) the Property Owner determines that the rental income of the Project, after restoration and repair to a condition as close as reasonably possible to what previously existed, will be sufficient to meet all operating costs and other expenses, payments for reserves and loan repayment obligations relating to the Project, and (iv) the Property Owner has received the CRA 's written concurrence with such determination. 6.23 Condemnation Proceeds. Notwithstanding anything to the contrary contained herein or in the other CRA Loan Documents, the Property Owner may make proceeds of condemnation available for the restoration and repair of the Property and the Project if all of the following conditions are met: (i) the Property Owner is not in breach or default of any provision of the Mortgage or any other CRA Loan Document; (ii) the Property Owner determines that there will be sufficient funds, through condemnation proceeds and contributions by the Property Owner , to (a) restore and repair the Property and the Project to a condition as close as reasonably possible to what previously existed, due consideration given to the portion of the Property and the Project taken, and, (b) meet all operating costs and other expenses, payments for reserves and loan repayment obligations relating to the Project until completion of the restoration and repair Page 22 of 54 of the Property and the Project to a condition as close as reasonably possible to what previously existed, due consideration given to the portion of the Property and the Project taken; and (iii) the Property Owner determines that the rental income of the Project, after restoration and repair of the Property and the Project to a condition as close as reasonably possible to what previously existed, due consideration given to the portion of the Property and the Project taken, will be sufficient to meet all operating costs and other expenses, payments for reserves and loan repayment obligations relating to the Project, and (iv) the Property Owner has received the CRA's written concurrence with such determination. 7.1 Default: ARTICLE VH DEFAULT The happening of any one or more of the following events shall constitute an Event of (a) Subject to the Existing Tenants, failure of any of the CRA Assisted Units to remain Affordable at any time during the Affordability Period. (b) If any term, condition or representation contained in this Agreement or any of the other CRA Loan Documents is materially untrue, substantially inaccurate or incomplete when made, or, if there is a material misrepresentation of fact or fraud contained in any document(s) submitted in support of this Agreement and such misstatement or misrepresentation has a materially adverse effect on the Project. (c) Subject to force majeure, the substantial discontinuance of the construction of the Project for a period of fourteen (14) days which discontinuance is, in the reasonable determination of the CRA, without satisfactory cause, and construction is not recommenced within fifteen (15) days following written notice from the CRA to Property Owner. (d) Except as set forth in each of Sections 5.6, 5.17, and 6.5 of this Agreement, the sale, assignment, pledge, transfer, hypothecation or other encumbrance or disposition (except due to repair or replacement for normal wear and tear, and as a result of casualty or condemnation in accordance with this Agreement) of any proprietary or beneficial interest in the Property Owner's estate in the Property, or any change in operating control of the Property Owner, without the full completion of the Affordability Period of this Agreement. (e) In the event that the CRA reasonably determines that the Project is not being erected in a good and workmanlike manner in accordance with the Scope of Work, or that the Property Owner is failing to comply promptly with any requirement or notice of violation of law issued by or filed by the CRA or any department of any governmental authority having jurisdiction over the Property Owner or the Property. (f) Failure by the Property Owner to comply with any material term or provision of this Agreement or any of the CRA Loan Documents (beyond any applicable grace, notice and/or cure period), or the occurrence of an event of default (beyond any Page 23 of 54 (i) (g) applicable grace, notice and/or cure period) under any of the other CRA Loan Documents. Any change in zoning requirements or zoning classification of the Property initiated by the Property Owner, which will materially interfere with the completion of construction of the Project or the ultimate operation of the Project as contemplated herein. (h) In the event that the CRA reasonably determines that there exists an event of default (beyond applicable grace, notice and/or cure periods) under and pursuant to the terms of any other agreement or obligation of any kind or nature whatsoever of the Property Owner to the CRA, direct or contingent, whether now or hereafter due, existing, created or arising. In the event the rehabilitation portion of this Project is not completed within 36 months following the Effective Date and all applicable cure periods. ARTICLE VIII REMEDIES 8.1 Upon the occurrence of any Event of Default, the CRA shall have the absolute right to refuse to disburse any undisbursed portion of the Loan. The CRA shall provide written notice of the occurrence of an Event of Default to the Property Owner and Senior Lender if any, after which the Property Owner shall have thirty (30) days to cure said default (except for the events described in Section 7.1 (b) and (d) above for which the aforementioned cure period shall not apply). In the event a default which is permitted to be cured cannot practicably be cured within thirty (30) days, the Property Owner shall have such additional time as may be required to effect a cure, so long as (a) the cure is commenced within thirty (30) days and is diligently prosecuted and (b) the lack of a cure during such continuing cure period has no material adverse effect on the Project. The CRA agrees to accept a cure of any default committed by the Property Owner, which cure is tendered or effected by the Senior Lender, as if such cure had been tendered or effected by the Property Owner. If an Event of Default shall continue uncured for a period of thirty (30) consecutive days following written notice thereof to the Property Owner (except for the events described in Section 7.1 (b) and () above for which the aforementioned cure period shall not apply and except for cures which are continuing as provided in the preceding paragraph), and subject to the provisions of the last paragraph of this Section, the CRA shall have the absolute right, at its option and election and in its sole discretion to: (a) Specific Performance. Institute appropriate proceedings to specifically enforce performance of the terms and conditions of this Agreement; Recapture of CRA Funds. Demand that the Property Owner reimburse the CRA for the CRA Funds disbursed to the Property Owner pursuant to this Agreement. (b) Page 24 of 54 The Property Owner shall reimburse CRA in the amount of the CRA Funds disbursed to the Property Owner pursuant to this Agreement, subject to any limitations contained in the CRA Note and/or Mortgage concerning Borrower's or Property Owner's liability for amounts due under the CRA Loan Documents. (c) Other Remedies. Exercise any other right, privilege or remedy available to the CRA as may be provided by applicable law, or in any of the other CRA Loan Documents. It is understood and agreed that the occurrence of an event of default under Section 7.1 (b) or (d) shall immediately entitle the CRA to exercise any of the above described remedies without the need to give the Property Owner notice thereof or the opportunity to cure. The rights and remedies of the CRA hereunder shall be cumulative and not mutually exclusive, and the CRA may resort to any one or more or all of said remedies without exclusion of any other. No party other than the CRA, whether the Property Owner or a material man, laborer, subcontractor or supplier, shall have any interest in the CRA Funds withheld because of a default hereunder, and shall not have any right to garnish or require or compel that payment thereof be applied toward the discharge or satisfaction of any claim or lien which any of them may have. ARTICLE IX INDEMNIFICATION The Property Owner shall indemnify, hold harmless, and defend the CRA, City of Miami, its officers, agents, directors, and/or employees, from liabilities, damages, losses, judgments, and costs, including, but not limited to reasonable attorney's fees, to the extent caused by the negligence, recklessness, negligent act or omission, or inteitlional wrongful misconduct of Property Owner and persons employed or utilized by Property Owner in the -performance of this Agreement. Property Owner shall, further, hold the CRA, City of Miami, its officials and/or employees, harmless for, and defend the CRA, City of Miami, its officials and/or employees against, any civil actions, statutory or similar claims, injuries or damages arising or resulting from the permitted work, even if it is alleged that the CRA, City of Miami, its officials and/or employees were negligent. These indemnifications shall survive the term of this Agreement. In the event that any action or proceeding is brought against the CRA, City of Miami by reason of any such claim or demand, the Property Owner shall, upon written notice from the CRA, resist and defend such action or proceeding by counsel satisfactory to the CRA. The Property Owner expressly understands and agrees that any insurance protection required by this Agreement or otherwise provided by the Property Owner shall in no way limit the responsibility to indemnify, keep and save harmless and defend the CRA or its officers, employees, agents and instrumentalities as herein provided. The indemnification provided above shall obligate the Property Owner to defend, at its own expense, to and through appellate, supplemental or bankruptcy proceeding, or to provide for such defense, at the CRA's option, any and all claims of liability and all suits and actions of every name and description which may be brought against the CRA whether performed by the Property Owner, or persons employed or utilized by Property Owner. Page 25 of 54 This indemnity will survive the cancellation or expiration of the Agreement. This indemnity will be interpreted under the laws of the State of Florida, including without limitation and interpretation, which conforms to the limitations of §725.06 and/or §725.08, Florida Statutes, as applicable. The Property Owner shall require all Sub -contractor agreements, if applicable, to include a provision that they will indemnify the CRA. The Property Owner agrees and recognizes that the CRA shall not be held liable or responsible for any claims which may result from any actions or omissions of the Property Owner in which the CRA participated either through review or concurrence of the Property Owner's actions. In reviewing, approving or rejecting any submissions by the Property Owner or other acts of the Property Owner , the CRA in no way assumes or shares any responsibility or liability of the Property Owner or Sub -contractor under this Agreements. ARTICLE X TERMINATION The Property Owner acknowledges that this Agreement may be terminated if the Property Owner materially fails to comply with the terms contained herein or upon the occurrence of an Event of Default which is not cured within any applicable cure period set forth in Section 8.1 above. 10.1 Termination Because of Lack of Funds. In the event the CRA does not receive from its funding source funds to finance this Agreement, or in the event that the CRA's funding source de -obligates the funds allocated to finance this Agreement, the CRA may terminate this Agreement upon not less than ten (10) days prior notice in writing to the Property Owner. Said notice shall be delivered by certified mail, return receipt requested, or by in person delivery with proof of delivery. The CRA shall determine, in its sole and absolute discretion, whether or not funds are available. In the event that the CRA exercises its right to terminate this Agreement pursuant to this section, the CRA will pay the Property Owner: • For the actual cost or the fair and reasonable value, as defined below, whichever is less, of (1) the portion of the Project(s) completed in accordance with the Contract through the completion date less amounts previously received, and (2) non -cancelable material(s) and equipment that is not of any use to the CRA except in the performance of the Agreement, and has been specifically fabricated for the sole purpose of the Agreement but not incorporated in the Work; and • The fair and reasonable value shall be based on the price established as a result of an evaluation from a third party engineer chosen by the CRA. In no event, shall any payments under this Paragraph exceed the maximum cost set forth in this Agreement. The amount due hereunder may be offset by all payments previously made to the Property Owner in regards to the Construction CRA Loan. All payments pursuant to this Article shall be accepted by the Property Owner in full satisfaction of all claims against the CRA arising out of the termination including, further, Page 26 of 54 the CRA may deduct or set off against any sums due and payable under this Article any claims it may have against the Property Owner. Property Owner shall not be entitled to lost profits, overhead or consequential damages as a result of a Termination. All payments made under this Agreement are subject to an audit. The Property Owner agrees that it will seek additional funding in the event of termination pursuant to this section to facilitate the Close -Out of the Project. The CRA agrees to amend this Agreement and related Note and Mortgage on Property to reflect the partial payments made in the event of a termination under this section. The CRA agrees to cancel the required Construction Loan Documents at the end of the Affordability Period. Nothing in this section shall prohibit Property Owner from the Close out of the Project. 10.2 Termination for Breach. The CRA may terminate this Agreement, in whole or in part, in the event the CRA reasonably determines that the Property Owner is not making (or causing to be made) sufficient progress with regard to the construction of the CRA Assisted Units (thereby endangering its ultimate performance under this Agreement) or is not complying with any material term or provision of this Agreement, following notice and the expiration of the applicable cure period. The CRA may terminate this Agreement, in whole or in part, in the event that there exists an event of default (beyond any applicable grace, notice and/or cure periods) under and pursuant to the terms of any other agreement or obligation of any kind or nature whatsoever of the Property Owner to the CRA, direct or contingent, whether now or hereafter due, existing, created or arising, which event of default has continued beyond any applicable cure period. 10.3 Upon the occurrence of an Event of Default and the expiration of any grace, notice and/or cure period (in those circumstances for which a grace, notice and/or cure period is otherwise provided in this Agreement, including, without limitation, Section 8.1), and unless the Property Owner's breach is waived by the CRA in writing, the CRA may, by written notice to the Property Owner, terminate this Agreement upon not less than ten (10) days prior written notice. Said notice shall be delivered by certified mail, return receipt requested, or by in person delivery with proof of delivery. Waiver of breach of any provision of this Agreement shall not be deemed to be a waiver of any other breach and shall not be construed to be a modification of the terms of this Agreement. The provisions hereof are not intended to be, and shall not be, construed to limit the CRA's right to legal or equitable remedies. ARTICLE XI SUSPENSION 11.1 The CRA may, for reasonable cause, suspend the Property Owner's authority to obligate funds under this Agreement or withhold payments to the Property Owner, pending necessary corrective action by the Property Owner, and may include: (a) Ineffective or improper use of the CRA Funds by the Property Owner; Page 27 of 54 (b) Failure of the Property Owner to comply with any material term or provision of this Agreement and such failure is not cured within any applicable cure period; (c) Failure of the Property Owner to submit any documents required by this Agreement; or (d) The Property Owner's submittal of incorrect or substantially incomplete documents. 11.2 The determinations and actions described in paragraph 11.1 above may be applied to all or any part of the activities funded pursuant to this Agreement. 11.3 The CRA will notify the Property Owner in writing of the type of action taken pursuant to this Article, by certified mail, return receipt requested, or by in person delivery with proof of delivery. The notification will include the reason(s) for such action, any conditions relating to the action, and the necessary corrective action(s). ARTICLE MI MISCELLANEOUS 12.1 Enforcement Methods. As a means of enforcing compliance wit-h this Project, the CRA may utilize any enforcement measures it deems necessary. 12.2 Renegotiation or Modification. Modification of provisions of this Agreement shall be valid only when in writing and signed by the parties hereto. The parties agree to modify this Agreement if the CRA determines, in its sole and absolute discretion, that federal, state, and/or local governmental revisions of any applicable laws or regulations, or increases or decreases in budget allocations, make changes to this Agreement necessary. The CRA shall be the final authority in determining whether or not funds for this Agreement are available due to federal, state and/or local governmental revisions of any applicable laws or regulations, or increases or decreases in budget allocations. 12.3 Right to Waive. The CRA may, for good and sufficient cause, as determined by the CRA in its sole and absolute discretion, waive provisions of this Agreement or seek to obtain such waiver from an appropriate authority. Waiver requests from the Property Owner shall be in writing. A waiver shall not be construed to be a modification of this Agreement. Page 28 of 54 12.4 Budget and Project Eligibility Activity Title Revisions. Revisions to the Budget shall be made in writing, and approved in writing by the CRA; however, such revisions shall not necessitate an amendment hereto unless the amount of the Construction CRA Loan to be granted hereunder is changed, or unless otherwise required by the CRA. 12.5 Disputes. In the event an unresolved dispute exists between the Property Owner and the CRA, the CRA shall refer the issue, including the views of all interested parties and the recommendation of the CRA, to the Executive Director, his designee, or such other official of the CRA who shall be authorized to exercise the authority of the Executive Director in this regard (the "Executive Director") for determination. The Executive Director will issue a determination within thirty (30) calendar days of receipt of a written request for resolution of the dispute and so advise the CRA and the Property Owner. In the event additional time is necessary, the Executive Director will notify the interested parties within the thirty (30) day period that additional time is necessary. The Property Owner agrees that the CRA Executive Director's determination shall be final and binding on all parties, subject only to judicial review. 12.6 Headings. The article and paragraph headings in this Agreement are inserted for convenience only and shall not affect in any way the meaning or interpretation of this Agreement. 12.7 Proceedings. The Agreement shall be construed in accordance with the laws of the State of Florida and any proceedings arising between the parties in any manner pertaining or relating to this Agreement shall, to the extent permitted by law, be held in Miami -Dade County, Florida. 12.8 Notices and Contact. All notices under this Agreement shall be in writing and addressed as follows: To CRA: With Copy to: Omni Redevelopment District Community Redevelopment Agency 1401 North Miami Ave, 2nd Floor Miami, FL 33136 Attn: Carlos I. Suarez, Executive Director George Wysong, General Counsel City of Miami, City Attorney's Office 444 S.W. 2nd Avenue Miami, FL 33130-1910 Page 29 of 54 To Property Owner: Gwendolyn L. Johnson, as Co -Trustee of the Overtown Family Land Trust 1347 North West 1st Avenue, Miami, FL 33136 Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust 2330 North West 1 8th Street Miami Gardens, FL 33056 Except as otherwise provided in this Agreement, notice shall be deemed given upon hand delivery or five (5) business days after depositing the same with the U.S. Postal Service. (The address or designated representative of the parties may be changed by notice given in accordance with this section. 12.9 Conflicts with Applicable Laws. If any provision of this Agreement conflicts with any applicable law or regulation, only the conflicting provision shall be deemed by the parties hereto to be modified, or to be deleted if modification is inappropriate, to cause the provision to be consistent with the law or regulation. However, the obligations under this Agreement, as modified, shall continue and all other provisions of this Agreement shall remain in full force and effect. 12.10 Entire Agreement. This Agreement and its Exhibits and Schedules described as follows contain all the terms and conditions of the Agreement between the parties: Exhibit "A" Exhibit "B" Exhibit "C" Exhibit "D" Exhibit "E" Exhibit "F" Exhibit "G" Exhibit "H" Exhibit "I" Exhibit "J" Exhibit "K" Exhibit "L" Exhibit "M" Exhibit "N" Exhibit "0" Schedule 1.14 Schedule A Legal Description Scope of Work and Project Schedule Budget Relocation Plan Affirmative Marketing Procedures and Responsibilities Form of Mortgage and Note Form of Covenant Form of Rent Regulatory Agreement Signage Requirements Additional Insurance Requirements Anti -Human Trafficking Affidavit Beneficial Interest and Disclosure Affidavit Conflict of Interest Disclosure, Certificate Regarding Lobbying, Certification Regarding Debarment, Suspension Existing Tenant List and Rent Roll Senior Financing/ Current Mortgage 12.11 Waiver of Jury Trial. Neither the Property Owner nor its subcontractor(s), nor any other person liable for the responsibilities, obligations, services and representations herein, nor any assignee, successor, heir or personal representative of the Property Owner , its subcontractors or any other person or entity shall seek a jury trial in any lawsuit, proceeding, counterclaim or any other litigation procedure based upon or arising out of this Agreement, or the dealings or the relationship between or among such persons or entities, or any of them. Neither the Property Owner nor its subcontractors, nor any other person or entity will seek to consolidate any such action in which a jury trial has been waived with any other action. The provisions of this paragraph have been fully discussed by the parties hereto, and the provisions hereof Page 30 of 54 shall be subject to no exceptions. Neither party to this Agreement has in any manner agreed with or represented to any other party that the provisions of this paragraph will not be fully enforced in all instances. 12.12 CRA Resolution Award. The decision to make the award to the Overtown Family Land Trust was adopted on June 18, 2024, by the CRA pursuant to resolution No. CRA-R-24-0040, including supporting documents (collectively, "Award Memoranda") are hereby incorporated by reference. To the extent that any conflict exists between the Award Memoranda and the CRA Loan Documents when interpreting the intent of the CRA Loan Documents, whichever provision is strictest will control. 12.13 Governing Law and Venue. This Agreement shall be construed and enforced pursuant to the laws of the State of Florida, excluding all principles of choice of laws, conflict of laws arid comity. Any action pursuant to a dispute under this Agreement must be brought in Miami -Dade County and no other venue. All meetings to resolve said dispute, including voluntary arbitration, mediation, or other alternative dispute resolution mechanism, will take place in this venue. The Parties both waive any defense that venue in Miami -Dade County is not convenient. 12.14 Costs, Including Attorney's Fees. The Borrower agrees to pay when due for which an invoice is provided, all reasonable costs and expenses in connection with the administration or monitoring of compliance with this Agreement and all related documents and any other documents which may be delivered in connection with this Agreement or the transactions contemplated hereby, including, without limitation, the reasonable fees and out of pocket expenses of the CRA and of counsel and any agents or consultants for the CRA, with respective thereto, in connection with administration or monitoring of this Agreement and such other documents as may be delivered in connection herewith. In addition, the Borrower shall pay any and all stamps and other taxes and fees payable or determined to be payable in connection with the execution, delivery, filing and recording of this Agreement and such other documents as may be delivered in connection herewith, and agrees to save the CRA harmless from and against any and all liabilities with respect to or resulting from any delay in paying or omission to pay such taxes and fees. In the event litigation, arbitration, or mediation, between the parties hereto, arises out of the terms of this Agreement, each party shall be responsible for its own attorney's fees, costs, charges, and expenses through the conclusion of all appellate proceedings, and including any final settlement or judgment. 12.15 Counterparts and Electronic Signatures. This Agreement may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, and such counterparts shall together constitute but one and the same Agreement. The Parties shall be entitled to sign and transmit an electronic signature of this Agreement (whether by facsimile, PDF or other email transmission), which signature shall be binding on the party whose name is contained therein. Any party providing an electronic signature agrees to promptly execute and deliver to the other Parties an original signed Agreement upon request. 12.16 Anti -Human Trafficking. The Property Owner confirms and certifies that it is not in violation of Section 787.06, Florida Statutes, and that it does not and shall not use "coercion" for labor or services as defined in Section 787.06, Florida Statutes. The Property Owner shall execute and submit to the CRA an Affidavit, of even date herewith, in compliance with Section 787.06(13), Florida Statutes, attached an incorporated herein as Exhibit "K". If the Property Owner fails to comply with the terms of this Section, the CRA may suspend or terminate this Agreement immediately, without prior notice, and in no event shall the CRA be liable to Property Owner for any additional compensation or for any consequential or incidental damages. Page 31 of 54 [Signature Page Follows] Page 32 of 54 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their undersigned officials as duly authorized. WITNESSES: riot Name: , tl Print Name: csA crat.,.,c, PROPERTY OWNER: OVERTOWN FAMILY LAND TRUST By: Gwendolyn L. Johnson, «o-Trustee Date: 0512 1 E021e By: Gloria Taylor, Co-Trut tee Date: 05It1 i 2011e ACKNOWLEDGMENT STATE OF FLORIDA ) COUNTY OF MIAMI-DADE) THE FOREGOING INSTRUMENT was acknowledged before me by means of g physical presence or ❑ online notarization, on this 2 day of MA.41 , 2026 by Gwendolyn L. Johnson, as Co - Trustee of the Overtown Family Land Trust who is personally known to me or who produced a as identification LL[pissiou Expu es. FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signa uure of Notary Public, State of Florida %h/-0) 1-(Df -- I\ Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledged before me by means of [3 physical presence or ❑ online notarization, on this 2T day of Mall , 2026 by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust who is pe1`soaally known to me or who produced a as identificatio My Commission Expires: FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Sign re of Notary Public, State of Florida TV1Z,0 Lipp -'NI Printed Name of Notary Public Page 33 of 54 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their undersigned officials as duly authorized. ATTEST: By: 1-Todd Ha Date: the Board APPROVED A RANCE: David R Interim of Risk Management CRA: OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY of the City of Miami, a public agency and body corporate created pursuant to Section 163.356, Florida Statutes ("CRA") by: c. Carlos I. Suarez, Executive Director Date: APPROVED AS TO FORM AND REQUIREMENTS CORRECTNESS: George K. Wysong III ,yy-,ry4 General Counsel Page 34 of 54 EXHIBIT "A" LEGAL DESCRIPTION OF THE PROPERTY PROPERTY ADDRESS: 1437 NW 1st Place, Miami, Florida 33136 Folio #: 01-3136-051-0510 Full Legal Description Lot 6, WADDELL'S RE -SUBDIVISION OF Block 44 of the Johnson & Waddell Addition, according to the Plat thereof, as recorded in Plat Book 1, Page 169, of the Public Records of Miami Dade County, Florida. Page 35 of 54 EXHIBIT "B" SCOPE OF WORK /PROJECT SCHEDULE Page 36 of 54 Schedule - OMNI CRA - 1437 NW 1 PL May 2026 TM llarl ggor96la UNASSIGNED May27, 2026 112 days NTP May 27. 2026 1 day Permit Processing Jun 1, 2026 30 days Permit Issue Jul 11. 2026 1 day Demo Jul 15. 2026 15 days MEP Rough 1n Aug 5. 2026 15 days ...cal Rough Inspection Aug 26 2026 1 day tsvAC Inspection Aug 26.2026 1 dry Plumbing Rough Inspection Aug 26. 2026 1 day Drywall Install Aug 27. 2026 15 days Drywall Screw Inspection Sep 17. 2026 1 day Fimstu g Sep 18, 2026 15 days GM InsIAation Sep 18. 2026 7 days Pl... Tree Oct 7. 2026 3days Pa. OG 6. 2026 5 days FIVAC Equipment Install Oct 15, 2026 4 days Elecmcal Tn. Oc121,2026 3 days MEP Final Inspect.. Oct M. 2026 30ays Building Final Inspection Oct 29. 2026 1 day Certificate of Occupancy Oct 30. 2026 1 day June 2026 July 2026 August 2026 September 2026 Pt 250 951n St • 6228. Slave October 2026 November 20 Pearbul Tr. 111% ME P iinal Inftne,ton, 0Sdeq ina Mien EXHIBIT "C" BUDGET Page 37 of 54 01 /21 /2025 01/31/2025 Poinciana Development Group Inc CGC049650 CCC1335944 1 DESCRIPTION OF WORK B SUB GWENDOLYN L JOHNSON TRS 1437 NW 1 PLACE Miami FL 33136 c SCHEDULED VALUE MOBILIZATION BOND FEES $30,000.00 $16,000.00 ARCHITECT FEES $20,000.00 PERMIT FEES $11,000.00 $0.00 $0.00 DEMO $19,800.00 DEBRIS REMOVAL $8,400.00 $0.00 FRAMING $15,800.00 FLOOR SOUNDPROOFING $8,500.00 .-$0.00 INSULATION $7,800.00 DRYWALL $15,700.00 WALL TILE $8,500.00 FLOOR TILE $13,000.00 CABINETS $32,000.00 BASEBOARD $11,000.00 PAINT INTERIOR $13,000.00 STUCCO BANDS $5,800.00 PAINT EXTERIOR $12,000.00 BATH ACCESSORIES $1,500.00 APPLIANCES $10,000.00 $0.00 RAILINGS $12,500.00 GUTTERS $2,500.00 REFURBISH WALKWAYS $5,000.00 Poinciana Development Group Inc CGC049650 CCC1335944 FENCING ADJUSTMENT $4,200.00 ASPHALT OVERLAY/ STRIPPING $7,000.00 $0.00 MECHANICAL (HVAC) ROUGH $10,000.00 MECHANICA (HVAC) EQUIPMENT $10,000.00 MECHANICAL (HVAC) TRIM OUT $10,000.00 $0.00 ELECTRICAL ROUGH $12,000.00 ELECTRICAL EQUIPMENT SET $12,000.00 ELECTRICAL TRIM OUT $12,000.00 $0.00 Plumbing Rough $11,000.00 Plumbing Fixture Set $11,000.00 Plumbing Trim Out $11,000.00 $0.00 PROJECT CONTINGENCY $25,000.00 SUPERVISION $20,000.00 OVERHEAD & PROFIT $65,000.00 $0.00 $0.00 TOTAL PROJECT COST: $500,000.00 EXHIBIT "D" RELOCATION PLAN Page 38 of 54 Omni CRA Relocation Plan In accordance with Florida Statute Chapter 163„ and the 2010 Omni CRA Amended Redevelopment Plan P. 160, the Omni CRA should prepare plans for and assist in the relocation of persons (including individuals, families, business concerns, nonprofit organizations, and others) displaced from a community redevelopment area and to make relocation payments to or with respect to such persons for moving expenses and losses of property for which reimbursement or compensation is not otherwise made. This will ensure that displaced residents will have access to safe, sanitary and decent replacement housing. This is a brief outline of this relocation plan. Who may be eligible for CRA relocation assistance? A family or resident of the Omni CRA in a building that will be uninhabitable due to a CRA affordable housing program may be eligible for Relocation Assistance. • Displaced Persons may be eligible for: 1. Advisory services (including offer of a comparable unit, if available) 2. Re-establishment Services. 3. Reasonable Moving expenses • Temporarily Relocated Persons: 1. Offer of a suitable, affordable unit in the property upon project completion. 2. Advisory services in finding new unit 3. Reasonable Moving expenses (based on the availability of funds). Summary of Relocation Assistance: • Advisory Services o CRA will assist tenant to find reasonable accommodation in the neighborhood, City of Miami, or MiamiDade County. • Reestablishment Services o Payment for Your Actual Reasonable Moving and Related Expenses, or o Dislocation Allowance Covered Expenses: • Reasonable Moving Costs up to maximum (see Maximum Moving Payments table) • Dislocation Allowance o First and Last Month Rent per HUD Fair Market Rent (see Fair Market Rents table) or o First and Last Month Rent per current lease in CRA-affected project. o Security deposit at same accommodation (1 month rent per FMR table) Moving Cost Payment is limited to $100.00 if either of the following conditions apply: a. A person has minimal possessions and occupies a dormitory style room, or b. A person's residential move is performed by the CRA at no cost to the person. EXHIBIT "E" AFFIRMATIVE MARKETING PROCEDURES AND RESPONSIBILITIES Page 39 of 54 EXHIBIT "E" AFFIRMATIVE MARKETING PROCEDURES AND RESPONSIBILITIES I. Purpose and Goals This Affirmative Marketing Procedure and Responsibilities (the "Plan") aims to ensure compliance with all applicable fair housing laws and regulations, including but not limited to specific federal, state, and local fair housing laws, e.g., the Fair Housing Act (42 U.S. Code §§ 3601-3631), the Americans with Disabilities Act (42 U.S. Code §§ 12101-12213), and relevant state and local statutes and ordinances, to promote diversity among the residents (the "Development"). This Plan seeks to actively eliminate discriminatory practices, mitigate the effects of past discrimination related to insured housing, and attract a diverse tenant population, with particular outreach to underrepresented groups, including those based on race, color, national origin, religion, sex (including sexual orientation, gender identity, and gender expression), disability, familial status, or the presence of children in a household, while maintaining the existing working-class character of the neighborhood and preventing displacement. Maintaining the neighborhood's character involves preserving its current socio- economic composition and preventing significant changes to its existing demographics. Preventing displacement means ensuring that current residents are not forced to relocate due to rising housing costs or other factors related to the Development. II. Nondiscrimination and Accessibility Policy The Owner and Property Manager will not discriminate against any applicant or resident based on race, color, national origin, religion, sex (including sexual orientation, gender identity, and gender expression), disability, familial status, or the presence of children in a household. The Owner and Property Manager will comply with all applicable federal, state, and local fair housing laws, including but not limited to specific federal, state, and local fair housing laws. III. Training The Owner and Managing Agent will provide comprehensive training to all property management staff on all relevant fair housing laws, regulations, and this Plan. Training will cover marketing, outreach, data collection, reporting, record keeping, and the Development's Affirmative Marketing Plan. Training will occur annually and will include but not limited to specific training details, e.g., specific topics covered, training materials used, duration of training sessions, and methods of evaluating training effectiveness. IV. Marketing and Outreach Strategies A. Advertising a) Community Contacts: The Property Owner will engage the following community contacts to facilitate outreach to the target population. The Managing Agent will contact local civic and community organizations representative of the ethnic and cultural diversity of the area in order to disseminate information about the Development. Groups representing the handicapped and the elderly will also be contacted. Where necessary and in consultation with the Owner, the Managing Agent will publish its marketing materials in multiple languages in order to better reach potential applicants in the area with language limitations. b) Advertising Methods: The Property Owner will utilize the following advertising methods to reach the target population: The applicant shall state: the type of media to be used, the names of newspaper/call letters of radio or TV stations; the identity of the circulation or Page 1 of 4 audience of the media identified in the Plan (e.g., White, Black or African American, American Indian or Alaska Native, Asian, Native Hawaiian or Other Pacific Islander, Hispanic or Latino, persons with disabilities, families with children, and religious affiliation), and the size or duration of newspaper advertising or length and frequency of broadcast advertising. Community contacts include individuals or organizations that are well known in the housing market area or the locality that can influence persons within groups considered least likely to apply. Such contacts may include, but need not be limited to: neighborhood, minority and women's organizations, grass roots faith -based or other community -based organizations, labor unions, employers, public and private agencies, disability advocates, schools and individuals who are connected with these organizations and/or are well known in the community. Copies of all advertisements and marketing materials will be provided to the CRA. C. Fair Housing Information The Property Owner will comply with all applicable fair housing laws and regulations, including Title VI of the Civil Rights Act of 1964, the Age Discrimination Act of 1975, Title VIII of the Civil Rights Act of 1968, and the Americans with Disabilities Act (ADA). The Fair Housing Poster will be prominently displayed in the rental office. This Affirmative Marketing Plan will be available for public inspection. V. Application Process A. Application Availability Applications will be available online, at the property management office, and through community partners. Applications will be provided in multiple languages, including Asian languages, as needed. In accordance with City of Miami Ordinance No. 13491, written notice will be provided to the Directors of Housing & Community Development and the Zoning Department concurrently with regular notices of unit availability. B. Screening Criteria Eligibility criteria, including income requirements, rental history, and background check procedures, will be clearly outlined and provided to all applicants. Applicants will receive a detailed explanation of the application process and timeline. VI. Monitoring and Evaluation A. Data Collection The demographics of applicants and tenants will be tracked to ensure diversity and compliance with fair housing laws. Data collection methods will include but limited to application forms, tenant surveys, etc. Feedback will be collected from applicants and tenants to identify areas for improvement. B. Regular Review Marketing and outreach efforts will be reviewed regularly to assess their effectiveness and adjust strategies as needed. Reviews will occur semiannually. VII. Community Engagement A. Resident Programs Support services for tenants, such as referrals to financial literacy workshops, job training programs, and community -building activities, will be offered. Partnerships with local Page 2 of 4 organizations will be established to provide resources and services to residents. B. Communication Open communication with tenants will be maintained through regular visits, meetings, and a suggestion box. VIII. Record Keeping Records of all marketing and outreach efforts, including copies of advertisements, partnership agreements, and application materials, will be maintained. Up-to-date records based on census data, applications, surveys about community residents, applicants, residents of the project, and records about tenant selection or rejection will be kept. The Omni CRA staff will have access to all pertinent records for compliance monitoring. An Affirmative Marketing file will be maintained containing advertisements, flyers, and other public information documents demonstrating the use of the appropriate logo and language. IX. Term of Plan This Plan will be in effect for the thirty (30) year Affordability Period of the Forgivable Loan Agreement. The plan will be reviewed and updated as needed, or as required by the CRA. Authorized Representatives' Signatures: Property Owner: OVERTOWN FAMILY LAND TRUST By: Print Name: Gwendolyn L.'Johnson Date: Title: Co -Trustee By: Print Name: Gloria Taylor Date: Title: Co -Trustee o61eolzcg 051E1121e Page 3 of 4 STATE OF FLORIDA COUNTY OF ML MI-DADE THE FOREGOING INSTRUMENT was acknowled ed before me by means of [X] physical presence or [ ] online notarization on this 2'a day of , 2026, by Gwendolyn L. Johnson, as Co -Trustee of the Overtown Family Land Trust, a Flo a Land Trust, on behalf of said entity, who is ( X ) personally known to me or ( ) has produced the following identification FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 (Printed, typed or stamped commissioned Nota ublic — State of Flori My commission expires 8 I2I 1202'4 THE FOREGOING INSTRUMENT was acknowledged before me by means of [X] physical presence or [ ] online notarization on this 2' day of M , 2026, by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust, a Florida Land Trust, on behalf of said entity, who is ( ) personally known to me or ( ) has produced the following identification FRANCES LLOP-NOY N _: `• MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 101 was (Printed, typed or stamped commissioned Notar}�-Piiblic — State of Flo icla My commission expires g II 24 I1-0'2: Page 4 of 4 EXHIBIT "F" FORM OF MORTGAGE AND NOTE Page 40 of 54 Prepared by, and after recording return to: George K. Wysong III, Esq. General Counsel for the Omni CRA City Attorney, City of Miami 444 S.W. 2nd Avenue' Miami, FL 33130-1910 Tel: (305) 416-1800 Property Address: 1437 North West 1" Place, Miami, Florida 33136 MORTGAGE AND SECURITY AGREEMENT FOR REHABILITATION PROJECT AT 1437 NORTH WEST 1ST PLACE, MIAMI, FLORIDA THIS MORTGAGE AND SECURITY AGREEMENT — CONSTRUCTION LOAN (hereinafter referred to as the "Mortgage"), is executed and delivered the 21 day of M A-1 , 2026 by OVERTOWN FAMILY LAND TRUST, a Florida Land Trust (the "Trust"), whose principal address is 1347 NW 1st Avenue, Miami, FL 33136 (hereinafter collectively called "Mortgagor"), to the OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, a public agency and body corporate created pursuant to Section 163.356, Florida Statutes, with a principal office located at 1401 N. Miami Avenue, Miami, FL, 33136 (hereinafter called "Mortgagee"). WITNESSETH THAT: FOR GOOD AND VALUABLE CONSIDERATION and also in consideration of the aggregate sum named in the promissory note from the Mortgagor in favor of the Mortgagee, in the original principal amount of Five Hundred Thousand and 00/100 Dollars ($500,000.00) (the "Note"), the Mortgagor does grant, bargain sell, alien, remise, release, convey and confirm unto the Mortgagee, in interest, that certain tract of land which the Mortgagor is now seized and possessed and in actual possession, situate in Miami -Dade County, State of Florida, legally described as. follows: SEE EXHIBIT "A" ATTACHED HERETO TOGETHER WITH all structures and improvements now and hereafter located thereon, the rents, issues and profits thereof, all furniture, furnishings, fixtures and equipment now located thereon, and also all gas and electric fixtures, heaters, air conditioning, equipment, machinery, motors, baths, tubs, sinks, water closets, faucets, pipes and other plumbing and heating fixtures, refrigerators, blinds, and other window treatments, which are now or may hereafter pertain to or be used with, in or on said premises, and which, even though they be detached or detachable, are and shall be deemed to be fixtures and accessions to the freehold and a part of the realty, and all additions thereto and replacements thereof, which real property, improvements and personalty shall hereinafter collectively be referred to as the "Mortgaged Property". TO HAVE AND TO HOLD the same, together with all tenements and hereditaments and appurtenances, unto the Mortgagee in ownership estate. The Mortgagor does covenant with the Mortgagee that Mortgagor is indefeasibly seized of an estate in the Mortgaged Property that the Mortgagor has full power and lawful right to convey as aforesaid; that the Mortgaged Property is free from all encumbrances except as specified on Exhibit "B" hereto; that the Mortgagor will make such further assurances to perfect the fee simple title to the Mortgaged Property in the Mortgagee as may reasonably be required; and that the Page 1 of 15 Mortgagor does hereby fully warrant the title to the Mortgaged Property, and will defend the same against the lawful claims of all persons claiming by, through, or under Mortgagor, but against none other. PROVIDED ALWAYS, that if the Mortgagor shall either (i) comply with the terms of the Loan Agreement (as defined below) providing for the forgiveness of the Note, or (ii) pay unto the Mortgagee or otherwise perform and fulfill its obligations with respect to the indebtedness and obligations evidenced by the Note, and shall perform, comply with and abide by each and every one of the stipulations, agreements, conditions and covenants of the Note, this Mortgage and the Construction Forgivable Loan Agreement by and between Mortgagor and Mortgagee and dated on or about the date hereof (the "Loan Agreement") and the other loan documents executed in connection herewith and therewith (hereinafter jointly referred to as the "Loan Documents"), then this Mortgage and the estate thereby created shall cease and be null and void. AND THE MORTGAGOR HEREBY COVENANTS AND AGREES AS FOLLOWS: 1. PERFORMANCE OF NOTE AND MORTGAGE. In the event that the Mortgagor fails to comply with the terms of the Loan Agreement providing for the forgiveness of the Note, then the Mortgagor shall pay or otherwise fully perform its obligations with respect to the payment of all and singular the principal, interest and other sums of money payable by virtue of the Note and this Mortgage, or either, promptly on the days when the same severally become due and payable, and shall perform, comply with and abide by each and every of the stipulations, agreements, conditions and covenants set forth in the Note, this Mortgage and the Loan Documents. 2. TAXES AND OTHER CHARGES. The Mortgagor shall pay when due and payable and before any interest, charge or penalty is due thereon, without any deduction, defalcation or abatement, all taxes, assessments, levies, liabilities, obligations, encumbrances, water and sewer rents and all other charges or claims of every nature and kind which may be imposed, suffered, placed, assessed, levied, or filed at any time against this Mortgage, the Mortgaged Property or any part thereof or against the interest of the Mortgagee therein, or which by any present or future law may have priority over the indebtedness secured hereby either in lien or in distribution out of the proceeds of any judicial sale, without regard to any law heretofore or hereafter to be enacted imposing payment of the whole or of any part upon the Mortgagee; and insofar as any such tax, assessment, levy, liability, obligation or encumbrance is of record, the same shall be promptly satisfied and discharged of record and the original official document (such as, for instance, the tax receipt or the satisfaction paper officially endorsed or certified) shall be placed in the hands of the Mortgagee no later than such dates; provided, however, that if the Mortgagor in good faith and by appropriate legal action shall contest the validity of any such items or the amount thereof, and shall have established on its books a reserve for the payment thereof in such amount as the Mortgagee may reasonably require, then the Mortgagor shall not be required to pay the item or to produce the required receipts: (a) while the reserve is maintained; and (b) so long as the contest operates to prevent collection, is maintained and prosecuted with diligence, and Page 2 of 15' shall not have been terminated or discontinued adversely to the Mortgagor. The Mortgagor shall furnish the Mortgagee with annual receipted tax bills evidencing payment within ninety (90) days from their initial due date. 3. Intentionall_y Deleted. 4. ATTORNEYS' FEES AND COSTS. In the event litigation, arbitration, or mediation, between the parties hereto, arises out of the terms of this Mortgage, each party shall be responsible for its own attorney's fees. 5. INSURANCE. The Mortgagor shall keep the buildings and improvements now or hereafter erected on the Mortgaged Property continuously insured under a policy or policies providing coverage on an "all risk" basis, in a sum not less than full insurable value, including flood insurance if requested by the Mortgagee, in a company or companies acceptable to . the Mortgagee. The policy or policies of insurance shall be held by and be payable to the Mortgagee. In the event any sum of money becomes payable under such policy or policies, the Mortgagee shall have the option to receive and apply the same on account of the indebtedness secured by this Mortgage or to permit the Mortgagor to receive and use it, or any part thereof, for other purposes, without thereby waiving or impairing any equity lien or right under or by virtue of this Mortgage. In the event the Mortgagor fails to procure and maintain the insurance coverage required hereby, the Mortgagee may procure and pay for such insurance or any part thereof, without waiving or affecting its option to foreclose this. Mortgage, or any right thereunder. Each and every such payment made by the Mortgagee shall be secured by this Mortgage; shall be due and payable on demand; and, shall bear interest from the date each such payment is made at the maximum rate permitted by law. Notwithstanding contained herein, Mortgagee will. not exercise its option to receive and apply the insurance funds to the indebtedness if there has not been an event of default under the Loan Documents and Mortgagor demonstrates there are sufficient funds to rebuild, repair or restore the improvements on the Mortgaged Property. 6. CARE OF THE MORTGAGED PROPERTY. The Mortgagor shall exercise reasonable care in the maintenance of the Mortgaged Property, and shall not permit, commit or suffer any waste, impairment or deterioration of the Mortgaged Property or any part thereof. In the event the Mortgagor fails to keep the Mortgaged Property in good repair, the Mortgagee may make such repairs as it may deem necessary in its sole discretion for the proper preservation thereof, and the full amount of each such payment shall be due and payable with interest at the maximum rate permitted by law on demand, and shall be secured by the lien of this Mortgage. 7. EXISTING/OTHER MORTGAGES AND OBLIGATIONS. Any default in the payment or terms and conditions of any existing or other mortgage(s), or any modification and/or acceptance of future advances from any existing or other mortgage(s), other than in connection with the Permitted Senior Financing without notice and approval of Mortgagee, shall constitute a default hereunder and the Mortgagee, at its option, may declare all sums due and payable and accelerate the entire indebtedness. The Mortgagee may, at its option, and without waiving its right to accelerate the indebtedness hereby secured and to foreclose the same, pay either before or after delinquency any or all of those certain obligations required by the terms hereof to Page 3of15 be paid by the Mortgagor for the protection of the Mortgage security or for the collection of the indebtedness hereby secured. All sums so advanced or paid by Mortgagee shall be charged into the mortgage account, and every payment so made shall bear interest from the date thereof at the delinquent rate specified in said Note, and become an integral part thereof, subject in all respects to the terms, conditions and covenants of the aforesaid Note, and this Mortgage, as fully and to the same extent as though a part of the original indebtedness evidenced by said Note and secured by this Mortgage, excepting however, that said sums shall be repaid to the Mortgagee within fifteen (15) days after demand by the Mortgagee to the Mortgagor for said payment. 8. INSPECTION. The Mortgagee, and any persons authorized by the Mortgagee, shall have the right at any time, upon reasonable notice to the Mortgagor, to enter the Mortgaged Property at a reasonable hour to inspect and photograph its condition and state of repair, subject to the rights of tenants under the terms of their leases. 9. ACCELERATION OF MATURITY. That (a) in the event of any breach of this Mortgage or default on the part of the Mortgagor, which is not cured within thirty (30) days following written notice from the Mortgagee, or if such default cannot practicably be cured within thirty (30) days, then within such additional time as may be required to effect a cure, so long as (i) the cure is commenced within thirty (30) days and is diligently prosecuted and (ii) the lack of a cure during such continuing cure period has no material adverse effect on the Mortgaged Property, or (b) in the event any of said sums of money herein referred to be not promptly and fully paid within fifteen (15) days next after the same severally become due and payable, without demand or notice; or (c) in the event each and every stipulation, agreement, condition and covenants of the Note, this Mortgage, or any of the Loan Documents, are not duly, promptly and fully performed, discharged, executed, effected, completed, complied with and abided by, following the applicable notice and cure periods; or (d) in the event the Mortgagor shall fail, within ten (10) days written notice by the Mortgagee to execute a Mortgagor's certificate in favor of any assignee or prospective assignee of the Mortgagee's interest hereunder which certificate shall contain such acknowledgments, affirmations, and covenants as may be reasonably required to enable the Mortgagee to assign their interest hereunder, or (e) upon the rendering by any court of last resort of a decision that an undertaking by the Mortgagor as herein provided to pay taxes, assessments, levies liabilities, obligations and encumbrances is legally inoperative or cannot be enforced, or in the event of the passage of any law changing in any way or respect the laws now in force for the taxation of mortgages or debts secured thereby, or the manner of collection of any such taxes, so as to materially adversely affect this Mortgage or the debt secured hereby; or (f) in the event there exists an event of default under and pursuant to the terms of any other obligation of any kind or nature whatsoever of the Mortgagor to the Mortgagee, direct or contingent, whether now existing or hereafter due, existing, created or arising, then in either or any such event, the said aggregate sum mentioned in said Note then remaining unpaid, with interest accrued, and all monies secured hereby shall become due and payable forthwith, or thereafter, at the option of the Mortgagee, as fully and completely as if all of the sums of money were originally stipulated to be paid on such day, anything in the Note and/or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter, at the option of the Mortgagee, without notice or demand, suit at law or in equity, therefore, or thereafter begun, may be prosecuted as if all money secured hereby had matured prior to its institution. Page 4of15 10. NO ADDITIONAL FINANCING. Except as set forth in Section 5.17 ("Permitted Senior Financing") of the Loan Agreement, the Mortgagor hereby covenants and agrees that Mortgagor shall not procure any other financing in connection with the Mortgaged Property without the prior written consent of the Mortgagee, such consent not to be unreasonably withheld, conditioned or delayed. 11. DEFENSE OF MORTGAGED PROPERTY AND MORTGAGE. If any action or proceeding shall be commenced by any person other than the Mortgagee, and the Mortgagee is made a party, or in which it shall become necessary for the Mortgagee to defend or take action to uphold or defend the lien of this Mortgage, all sums paid or incurred by the Mortgagee for the expense of any litigation, including court costs and reasonable attorneys' fees incurred in any trial, appellate, and bankruptcy proceedings, to prosecute or defend the rights and liens created by this Mortgage shall be paid by the Mortgagor, together with interest thereon at the maximum rate permitted by law from the date thereof, and any such sum and interest thereon shall be a claim upon the Mortgaged Property, attaching or accruing subsequent to the lien of this Mortgage, and shall be secured by the lien of this Mortgage. 12. CONDEMNATION. In the event the Mortgaged Property or any part thereof shall be condemned under the power of eminent domain, the Mortgagee shall (in the event that (i) such taking shall prevent the Mortgagor from being able to operate the Mortgaged Property in a manner substantially consistent to the manner operated prior to such taking, and (ii) there are not sufficient funds from any award in connection with such taking to rebuild, repair or restore the improvements on the Mortgaged Property) have the right to demand that all damages awarded for such taking be paid to the Mortgagee and shall be entitled to receive same, up to the aggregate amount then remaining unpaid on the Note and this Mortgage, and any such sums shall be applied to the payments last payable thereof. 13. SUBROGATION. To the extent of the indebtedness of the Mortgagor to the Mortgagee as described in the Note, the Mortgagee shall be subrogated to the lien old the rights of the owners and holders of each and every mortgage, lien or other encumbrance on the Mortgaged Property which is paid or satisfied, in whole or in part, out of the proceeds of the Note. The respective liens of such mortgages, liens or other encumbrances shall be and are hereby security for the Note, as if they had been regularly assigned, transferred, and delivered unto the Mortgagee, notwithstanding the fact that the same may be set aside and canceled of record. It is the intention of the parties hereto that the prior mortgages, liens or other encumbrances will be satisfied and canceled of record by the holders thereof at or about the time of the recording of this Mortgage. 14. APPOINTMENT OF RECEIVER. At any time while a suit is pending to foreclose or to reform this Mortgage or to, enforce any claims arising hereunder, the Mortgagee I may apply to a court of appropriate jurisdiction for the appointment of a receiver, and such court shall forthwith appoint a Receiver of the Mortgaged Property, including all and singular the income, profits, rents, issues and revenues from whatever source derived. The Receiver shall have all the broad and effective functions and powers in anywise entrusted by a court to a Receiver, and Page 5 of 15 such appointment shall be made by such court as an admitted equity and as a matter of absolute right to the Mortgagee without reference to the adequacy or inadequacy of the value of the Mortgaged Property, or to the solvency or insolvency of the Mortgagor or the Defendants. All income, profits, rents, issues and revenues collected by the. Receiver shall be applied by such Receiver according to the lien of this Mortgage, and the practice of such court. 15. NO TRANSFER OF MORTGAGED PROPERTY. It is expressly agreed that should the Mortgagor convey title to the Mortgaged Property or, except as set forth in Section 6.5 of the Loan Agreement by and between Mortgagor and Mortgagee and dated on or about the date hereof, any legal or equitable interest therein, to any person, firm or corporation or shall permit or create any further encumbrances upon the Mortgaged Property without the prior written approval of the Mortgagee to such conveyance or encumbrance, all sums outstanding under the Note and secured by this Mortgage shall become immediately due and payable, at the option of the Mortgagee. 16. LEASES AFFECTING MORTGAGED PROPERTY. The Mortgagor shall comply with and observe its obligations as landlord under all leases affecting all or any portion of the residential apartment units (collectively, the "CRA Assisted Units"). Upon request, the Mortgagor shall furnish promptly to the Mortgagee executed copies of all such residential leases (each a "Residential Lease") now existing or hereafter created. Nothing contained in this Section or elsewhere in this Mortgage shall be construed to make the Mortgagee a mortgagee in possession unless and until the Mortgagee actually takes possession of the Mortgaged Property either in person or through an agent or receiver. To the extent not provided by applicable law, each Residential Lease of any CRA Assisted Unit, shall provide that, in the event of the enforcement by the Mortgagee of the remedies provided for by law or by this Mortgage, the lessee thereunder will, if requested by the Mortgagee or by any person succeeding to the interest of the Mortgagee as the result of said enforcement, automatically become the lessee of any such successor in interest, without any change in the terms or other provisions of the respective residential Lease (and the Mortgagee or such successor shall execute an agreement not to disturb such lessee, provided such lessee abides by all terms and provisions in the applicable Residential Lease); provided, however, that said successor in interest shall not be bound by (i) any payment of rent or additional rent for more than one (1) month in advance, except prepayments in the nature of security for the performance by said lessee of its obligations under said Residential Lease not in excess of an amount equal to one (1) month's rental, or (ii) any amendment or modification in the lease made without the consent of the Mortgagee or any successor in interest. Each Residential Lease shall also provide that, upon request by said successor in interest, the lessee shall execute and deliver an instrument or instruments confirming its attomment. 17. ASSIGNMENT OF RENTS, ISSUES AND PROFITS. The Mortgagor does hereby bargain, sell, transfer, assign, convey, set over and deliver unto the Mortgagee, as security for the payment and performance of all the terms and conditions of the Note and this Mortgage, and any and all amendments, extensions and renewals thereof, all Residential Leases now existing or which may be executed at any time in the future during the life of this Mortgage, and all Page 6 of 15 amendments, extensions and renewals of said Residential Leases and any of them, and all rents and other income which may now or hereafter be or become due or owing under the Residential Leases, and any of them, on account of the use of the CRA Assisted Units, it being intended hereby to establish a complete transfer of the Residential Leases hereby assigned and all the rents and other income arising thereunder and on account of the use of the Mortgaged Property unto the Mortgagee, with the right, but without the obligation, to collect all of said rents and other income which may become due during the life of the Note and this Mortgage. The Mortgagor agrees to deposit with the Mortgagee upon demand such Residential Leases as may from time to time be designated by the Mortgagee. Although it is the intention of the parties that this shall be a present assignment, it is expressly understood and agreed, anything herein contained to the contrary notwithstanding, that the Mortgagee shall not exercise any of the rights or powers herein conferred upon it except during the existence of an event of default (beyond any applicable grace, notice and/or cure periods) under the terms and provisions of the Note and this Mortgage, but upon the occurrence and during the continuance of any such event of default (beyond any applicable grace, notice and/or cure periods) the Mortgagee shall be entitled, upon notice to the tenants, to all rents and other amounts then due under the leases and thereafter accruing, and this Mortgage shall constitute a direction to and full authority to the tenants, lessees or other occupants of the CRA Assisted Units (hereinafter collectively referred to as the "Tenants") to pay all said amounts to the Mortgagee without proof of the default relied upon. The Tenants are hereby irrevocably authorized to rely upon and comply with any notice or demand by the Mortgagee for the payment to the Mortgagee of any rental or other sums which may be or thereafter become due under the leases, or for the performance of any of the,Tenants undertakings under the leases and shall have no right or duty to inquire as to whether any such event of default (beyond any applicable grace, notice and/or cure periods)under this Mortgage has actually occurred or. is then existing. 18. MORTGAGE CONSTITUTES SECURITY AGREEMENT. This Mortgage also constitutes a security agreement as defined under the Uniform Commercial Code. The Mortgagor hereby grants to the Mortgagee a security interest in and to all furniture, furnishings, equipment, machinery, and personal property of every nature whatsoever now owned or hereafter acquired by the Mortgagor located upon the Mortgaged Property together with all proceeds therefrom (except for rent, additional rent, and other proceeds received from the commercial and retail spaces located on the first (1St) floor of the building located on the Mortgaged Property) and as further described in an exhibit to the Security Agreement of even date herewith, if any. The Mortgagor shall execute any and all documents as the Mortgagee may request, including, without limitation, financing statements pursuant to the Uniform Commercial Code as adopted by the State of Florida, to preserve and maintain the priority of the lien created hereby on property which may be deemed personal property or fixtures. The Mortgagor hereby authorizes and empowers the Mortgagee to execute and file on behalf of the Mortgagor all financing statements and refilings and continuations thereof as the Mortgagee deems necessary or advisable to create, preserve or protect said lien. The Mortgagor and Mortgagee expressly agree that the filing of a financing statement shall never be construed as in anywise derogating from or impairing the express declaration and intention of the parties hereto that all such personality located on or utilized in Page 7 of 15 connection with the real property encumbered by this Mortgage shall at all times and for all purposes, in all proceedings both legal and equitable, be deemed a part of the real property encumbered by this Mortgage. 19. CARE OF PROPERTY. (a) The Mortgagor shall preserve and maintain the Mortgaged Property in good condition and repair. Except for: (i) repairs or replacements for ordinary wear and tear or in the ordinary course of management of the Mortgaged Property; (ii) tenant or similar improvements and upgrades; and (iii) repairs, replacements, or other restorations in the event of a casualty or condemnation that are performed in accordance with the Loan Agreement, the Mortgagor shall not remove, demolish, alter or change the use of any building, structure or other improvement presently or hereafter on the Land constituting any part of the Mortgaged Property without the prior written consent of the Mortgagee, such consent not to be unreasonably withheld, conditioned or delayed. The Mortgagor shall not permit, commit or suffer any waste, impairment or deterioration of the Mortgaged Property or of any part thereof, and will not take any action which will increase the risk of fire or other hazard to the Mortgaged Property or to any part thereof. The Mortgagor shall comply with all applicable local, state, and federal regulations in regards to the Property. (b) Except asotherwise provided in this Mortgage, no fixture, personal property or other part of the Mortgaged Property shall be removed, demolished or altered, without the prior written consent of the Mortgagee, such consent not to be unreasonably withheld, conditioned or delayed. The Mortgagor may sell or otherwise dispose of, free from the lien of this Mortgage, furniture, furnishings, equipment, tools, appliances, machinery, fixtures or appurtenances, subject to the lien hereof, which may become worn out, undesirable or obsolete, only if (i) they are no longer needed for the continued operation of the Mortgaged Property, or (ii) they are replaced immediately with similar items of at least equal value which shall, without further action, become subject to the lien of this Mortgage. 20. MORTGAGE SECURES INDEBTEDNESS. It is expressly agreed" and understood that this Mortgage secures the indebtedness and the obligation of the Mortgagor to the Mortgagee with respect to the Note, as the same is evidenced by the Note, and all renewals, extensions and modifications thereof. This Mortgage shall not be deemed released, discharged or satisfied until the entire indebtedness evidenced by the Note is either (i) forgiven in accordance with the terms of the Loan Agreement or (ii) paid in full, or is otherwise satisfied in accordance with the Loan Agreement. 21. MORTGAGEE'S REMEDIES CUMULATIVE. The Mortgagor agrees that all rights of the Mortgagee hereunder shall be separate, distinct, and cumulative, and that none shall be in exclusion of the other, and that no act of the Mortgagee shall be construed as an election to proceed under any provision of covenant herein to the exclusion of any other, notwithstanding anything herein to the contrary. Page 8 of 15 22. FUTURE ADVANCES. Pursuant to the laws of the State of Florida, this Mortgage shall secure not only the existing indebtedness evidenced by the Note, but also such future advances as may be made by the Mortgagee to the Mortgagor in accordance with the Note, this Mortgage, or any other Loan Document executed in connection herewith, whether or not such advances are obligatory or are to be made at the option of the Mortgagee, or otherwise, and as are made within twenty (20) years from the date hereof, to the same extent as if such future advances were made on the date of the execution of this Mortgage. The total amount of indebtedness that may be so secured may decrease or increase from time to time, but the total unpaid balance so secured at one time shall not exceed two times the face amount of the Note, plus interest thereon, and any disbursements made for the payment of taxes, levies or insurance on the Mortgaged Property with interest on such disbursements at the rate designated in the Note to apply following a default thereunder. 23. INDEMNIFICATION. Except in connection with any matters arising out of the negligence or willful misconduct of the Mortgagee, the Mortgagor hereby protects, indemnifies and saves harmless the Mortgagee, its officers, directors, agents and employees, from and against any and all liabilities, obligations, claims, damages, penalties, causes of action, costs and expenses (including without limitation, reasonable attorneys' fees and expenses) imposed upon, incurred by or asserted against the Mortgagee or any of such persons by reason of (a) ownership of any interest in the Mortgaged Property or any part thereof, (b) any accident, injury to or death of persons or loss of or damage to property occurring on or about the Mortgaged Property or any part thereof or the adjoining sidewalks, curbs, vaults and vault space, if any, streets or ways, (c) any use, disuse or condition of the Mortgaged Property or any part thereof, or the adjoining sidewalks, curbs, vaults and vault space, if any, or any streets or ways, (d) any failure on the part of the Mortgagor to perform or comply with any of the terms hereof or of any of the Loan documents executed in connection herewith, or any inaccuracy in any representation or warranty made by the Mortgagor herein or in any of the Loan Documents executed in connection herewith, (e) any necessity to defend any of the right, title or interest conveyed by this Mortgage, (f) the performance of any labor or services or the furnishing of any materials or other property in respect of the Mortgaged Property or any part thereof, (g) any subsidence or erosion of any part of the surface of the Mortgaged Property, including any shoreline or any bank of any river, stream, creek, lake, ocean or other water source, or (h) the location or existence of asbestos or any toxic or hazardous waste, chemicals, materials or substance on, at, in or under the Mortgaged Property or any part thereof. If any action, suit or proceeding is brought against the Mortgagee, or any of its officers, directors, agents or employees, for any such reason, the Mortgagor, upon the request of such party, will, at the Mortgagor's expense, cause such action, suit or proceeding to be resisted and defended by counsel reasonably satisfactory to the Mortgagee or such person. Any amounts payable to an indemnified party under this Section which are not paid within ten (10) days after written demand therefor shall bear interest at the default rate of interest provided in the Note from the date of such demand, and such amounts, together with such interest, shall be indebtedness secured by this Mortgage. The obligations of the Mortgagor under this Section shall survive any defeasance of the Mortgage. Page 9 of 15 24. HAZARDOUS MATERIALS. Except for ordinary household cleaning materials and substances, the Mortgagor agrees that it will not use, generate, store or dispose of Hazardous Materials on the Mortgaged Property. For purposes hereof, "hazardous materials" include (but are not limited to) materials defined as "hazardous waste" under the Federal Resource Conservation and Recovery Act and similar state laws, or as "hazardous substances" under the Federal Comprehensive Environmental Response, Compensation and Liability Act and similar state laws. Hazardous materials include (but are not limited to) solid, semi -solid, liquid or gaseous substances which are toxic, ignitable, corrosive, carcinogenic or otherwise dangerous to human, plant or animal health and well-being. Examples of hazardous waste include paints, solvents, chemicals, petroleum products, batteries, transformers, and other discarded man-made materials with hazardous characteristics. The Mortgagee shall have all remedies at law and equity for failure of the Mortgagor to carry out the foregoing obligation, including but not limited to specific performance, damages, and court costs. This provision shall survive payment of the Note and termination of this Mortgage. Notwithstanding the foregoing or anything else in this Agreement to the contrary, the indemnifications contained in this Mortgage shall expressly exclude any matters arising (i) out of the negligence or willful misconduct of Lender, or (ii) solely from actions, inactions or other events or circumstances by persons other than Mortgagor or any affiliates of Mortgagors first occurring or arising after the Transition Date. "Transition Date" means the earlier of the following two dates: (a) the date on which the indebtedness and obligations secured by the Loan Documents have been paid in full (without possibility for disgorgement) or forgiven in accordance with the terms of the Loan Agreement; or (b) the date on which the lien of this Mortgage is fully and finally foreclosed or a conveyance by deed in lieu of such foreclosure is fully and finally effective and possession of the Mortgaged Property has been given to Mortgagee or any other purchaser or grantee free of occupancy and claims to occupancy by Mortgagor and its heirs, devisees, representatives, successors and assigns; provided that, if such payment, performance, release, foreclosure or conveyance is challenged, in bankruptcy proceedings or otherwise -the Transition Date shall not be deemed to have occurred until such challenge is validly released, dismissed with prejudice or otherwise barred by law from further assertion. 25. REPRESENTATIONS AND WARRANTIES. In order to induce the Mortgagee to make the Loan evidenced by the Note, the Mortgagor represents and warrants that: (a) there are no actions, suits or proceedings pending or, to the best of Mortgagor's actual knowledge, threatened against or affecting the Mortgagor or any portion of the Mortgaged Property, or involving the validity or enforceability of this Mortgage or the priority of its lien, before any court of law or equity or any tribunal, administrative board or governmental authority, and the Mortgagor is not in default under any other indebtedness or with respect to any order, writ, injunction, decree, judgment or demand of any court or any governmental authority; (b) to the best of Mortgagor's knowledge and belief, the execution and delivery of the Note, this Mortgage and all other Loan Documents do not and shall not (i) violate any provisions of any law, rule, regulation, order, writ, judgment, injunction, decree, determination or award applicable to the Mortgagor or any other person executing the Note, this Mortgage or other Loan Documents, nor (ii) result in a breach of, or constitute a default under, any indenture, bond, mortgage, lease, Page 10 of 15 instrument, credit agreement, undertaking, contract or other agreement to which the Mortgagor or such other person is a party or by which either or both of them or their respective properties may be bound or affected; (c) to the best of Mortgagor's knowledge and belief, the Note, this Mortgage and all other Loan Documents constitute valid and binding obligations of the Mortgagor and any other person executing the same, enforceable against the Mortgagor and such other person(s) in accordance with their respective terms; (d) there is no fact that the Mortgagor has not disclosed to the Mortgagee in writing that could materially adversely affect the property, business, or financial conditions of the Mortgage Property or any other collateral for the Loan; (e) the Mortgagor has duly obtained all permits, licenses, approvals and consents from, and made all filings with, any governmental authority (and the same have not lapsed nor been rescinded or revoked) which are necessary in connection with the execution and delivery of this Mortgage and any other Loan Document, the making of the Loan, the performance of its obligations under any Loan Document, or the enforcement of any Loan Document; and that all such representations and warranties shall survive the closing of the Loan and any bankruptcy proceedings. 26. SEVERABILITY OF INVALID PROVISIONS. In the event any provision of the Note and or this Mortgage should be held unconstitutional, illegal or unenforceable for any reason, such provision shall not affect, alter, or otherwise impair any other provision of the Note and or this Mortgage. 27. NO WAIVER. It is expressly agreed and understood that a waiver by the Mortgagee of any right or rights conferred to it hereunder with regard to any one transaction or occurrence shall not be deemed a waiver of such right or rights to any subsequent transaction or occurrence. It is further agreed that any forbearance or delay by the Mortgagee in the enforcement of any right or remedy hereunder shall not constitute or be deemed a waiver of such right or remedy. 28. GOVERNING LAW AND VENUE. This Mortgage shall be construed and enforced pursuant to the laws of the State of Florida, excluding all principles of choice of laws, conflict of laws and comity. Any action pursuant to a dispute under this Mortgage must be brought in Miami -Dade County and no other venue. All meetings to resolve said dispute, including voluntary arbitration, mediation, or other alternative dispute resolution mechanism, will take place in this venue. The parties both waive any defense that venue in Miami -Dade County is not convenient. 29. HEADINGS. The headings of the articles, sections, paragraphs and subdivisions of this Mortgage are for convenience and ease of reference only, and are not to be considered a part hereof, and shall not limit or otherwise affect any of the terms or provisions hereof. 30. GENDER AND NUMBER. In this Mortgage and the Note it secures, the singular shall include the plural and the masculine shall include the feminine and neuter. 31. PARTIES BOUND; NO ORAL MODIFICATIONS. Each and every of the terms, covenants and conditions contained herein shall be binding upon the parties hereto and their Page 11 of 15 successors, heirs, assigns and devisee. This Mortgage is not subject to modification other than by a written document or instrument executed by the party or parties to be charged with such modification. 32. CAPITALIZED TERMS. All capitalized terms not defined herein shall have the meanings provided in the Loan Agreement and the Exhibits thereto. 33. WAIVER OF TRIAL BY JURY. THE MORTGAGOR HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES THE RIGHT TO A TRIAL BY JURY WITH RESPECT TO ANY LITIGATION BASED HEREON OR ARISING OUT OF, UNDER OR IN CONNECTION WITH, THIS MORTGAGE, OR ANY OF THE LOAN DOCUMENTS OR THE FINANCING CONTEMPLATED HEREBY, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN) OR THE ACTIONS OF ANY PARTY HERETO. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE MORTGAGEE EXTENDING THE LOAN SECURED BY THIS MORTGAGE. [Signature Page Follows] Page 12 of 15 IN WITNESS WHEREOF, the parties hereto have caused this Mortgage to be executed by the individual as duly authorized. WITNESSES: owitig Print Name: Address: 1,13 7 A/ (it% I et- iaw.. q-f_ 55 Y Print Name: 4A Z W,L.LL. 60K.- c Ni Address: $ a4 i N,;, Tt4. AVE t"lt1_444 f.L gStga MORTGAGOR: Overtown Family Land Trust By: Gwendolyn L. Johnson, Co -Trustee Date: 06 ! /1 `2'b24 By: 0J °Z . Gloria Taylor, CoeTrustee Date: a6I11I leVr ACKNOWLEDGMENT STATE OF FLORIDA COUNTY OF MIAMI-DADE) THE FOREGOING INSTRUMENT was acknowledged before me by means of 10 physical presence or ❑ online notarization, on this 2:9-- day of IAA I , 2026 by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust who is personall known. to me or who produced a as identification. My Commission Expires: _ _ FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES:August 21, 2027 Signature of Notary Public, State of Florida FraliaA t17 -N Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledged before me by means of C I physical presence or ❑ online notarization, on this ' day of MA,i l , 2026 by Gwendolyn L. Johnson, as Co - Trustee of the Overtown Family Land Trust who I is personally known to me or who produced a as identification. My Commission Expires: FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signatulof Notary Public, State of Florida Printed Name of Notary Public Page 13 of 15 Exhibit A LEGAL DESCRIPTION OF THE PROPERTY 1437 NW lst Place, Miami, Florida 33136 FOLIO: 01-3136-051-0510 Full Legal Description 01-3136-051-0510 Lot 6, WADDELL'S RE -SUBDIVISION OF Block 44 of the Johnson & Waddell Addition, according to the Plat thereof, as recorded in Plat Book 1, Page 169, of the Public Records of Miami -Dade County, Florida. Page 14 of 15 Exhibit B Permitted Encumbrances on the Mortgaged Property All permitted encumbrances on the Property are described in that certain Title Insurance Commitment 1680336-Al issued by Old Republic National Title Insurance Company, effective as of effective as of April 2nd, 2026. Page 15 of 15 PROMISSORY NOTE (CRA FUNDS) FOR PROPERTY LOCATED AT 1437 NORTH WEST 1 ST PLACE, MIAMI, FLORIDA Miami, Florida $500,000.00 MAY 2-1-1 , 2026 FOR VALUE RECEIVED the undersigned, OVERTOWN FAMILY LAND TRUST, a Florida Land Trust (hereinafter referred to as the "Maker") at 1437 NW 1st Place, Miami, Florida , 33136, promises to pay to the order of the OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY (hereinafter referred to as the "Lender"), at 1401 N. Miami Avenue, Miami, FL, 33136, or such other location or address as the Lender may direct in writing from time to time, the principal sum of Five Hundred Thousand and 00/100 Dollars ($500,000.00) (the "Construction Loan"), together with interest thereon on funds outstanding as indicated on Attachment 1 hereto. This Promissory Note evidences a Construction Loan from the Lender to the Maker for rehabilitation construction costs for the real property located 1437 NW 1st Place, Miami, Florida, 33136 ("Property"), a rental Project, as described more fully in that certain Construction Forgivable Loan Agreement between the Maker and the Lender of even date herewith (the "CRA Loan Agreement"). All capitalized terms not defined herein shall have the meanings provided in the CRA Loan Agreement and the Exhibits thereto. This Promissory Note is secured by that certain Mortgage and Security Agreement — Construction Loan (the "CRA Mortgage") and the other Loan Documents of even date herewith executed in favor of the Lender, relating to the Property. All sums advanced hereunder together with accrued interest thereon and all other sums due hereunder shall become -immediately due and payable, without notice or demand, upon the occurrence of any one or more of the following Events of Default, subject to any applicable grace, notice and/or cure period as provided in the Loan Documents: (a) the Maker's failure to promptly pay in full any payment of principal or interest due under this Promissory Note; (b) the Maker's failure to pay any insurance premium when due following written notice_from Lender to Maker and the expiration of a ten (10) business day cure period; (c) the disilution, termination of existence, insolvency of, business failure, appointment of a receiver for any part of the property or assignment for the benefit of creditors by, or the commencement of any proceedings under any bankruptcy or insolvency laws, by or against any maker hereof which shall continue beyond any applicable grace, notice and/or cure period set forth in the CRA Loan Agreement; (d) any uncured breach, following notice of breach and the expiration of applicable cure period(s), by the Maker of any of the terms, covenants or conditions set forth in the CRA Loan Agreement, the CRA Mortgage, the Declaration of Restrictive Covenants, or any of the other Loan Documents executed in connection therewith, or any other instrument, document or agreement which secures, collateralizes or otherwise pertains to the Construction Loan evidenced by this Promissory Note; or (e) upon the occurrence of an Event of Default as provided in the CRA Loan Agreement. Upon the occurrence of any of the foregoing events, and in addition to any other remedies provided in the CRA Loan Agreement, the amount of the CRA Funds disbursed, together with interest accrued thereon at the rate provided herein, all Program Income and all unpaid fees, charges and other obligations of the Maker due under any of the Loan Documents, shall, at Lender's option, be immediately due and payable. Page 1 of 5 Any property of any maker hereof now or hereafter in the possession of the Lender, may at all times be held and treated as collateral and security for the payment of this Promissory Note and all other indebtedness or liability, direct or indirect, joint or several, absolute or contingent, now existing or hereafter created, acquired or contracted, of the Maker to the Lender. The Lender may apply or set-off any funds or other sums against said liabilities at any time in the case of the Maker(s), but only with respect to matured liabilities in the case of guarantors. No delay or omission on the part of the Lender in the exercise of any right hereunder shall operate as a waiver of such right or of any other right under this Promissory Note. A waiver by the Lender of any right or remedy conferred to it hereunder on any one occasion shall not be construed as a bar to, or waiver of, any such right and/or remedy as to any future occasion. The Maker agrees that in the event each and every of the terms and conditions of this Promissory Note or any instrument which secures or collateralizes the payment of the sums hereunder is not duly performed, complied with, or abided by, subject to applicable grace, notice and/or cure period(s) set forth in the CRA Loan Agreement, the whole of said indebtedness then outstanding shall thereupon, at the option of the Lender, become immediately due and payable, as provided in the CRA Loan Agreement. If this Promissory Note becomes in default and is placed in the hands of an attorney for collection, then each party hereto shall bear its own respective costs, expenses, and attorney's fees. The indebtedness evidenced by this Promissory Note is and shall be subordinate in right of payment to the prior payment in full of the indebtedness (the "Senior Loan") evidenced by that certain Promissory Note in the original principal balance of Ninety Seven Thousand, Two Hundred Ninety Three Dollars and 29/100 Cents ($97,293.29) executed by Maker in favor of PLANET HOME LENDING, LLC (the "Senior Lender") to the extent and in the manner provided in that certain Mortgage Subordination Agreement dated on or about the date hereof, between the Senior Lender and the Lender (the "Subordination Agreement"). The CRA Mortgage and other documents securing this Promissory Note are and shall be subject and subordinate in all respects to the liens, terms, covenants and conditions of Senior Loan (and all loan documents executed in connection therewith) as more fully set forth in the, Subordination Agreement except to the terms specifically delineated therein. The rights and remedies of the Lender and each subsequent holder of this Promissory Note under the CRA Mortgage securing this Promissory Note are subject to the restrictions and limitations set forth in the Subordination Agreement. Each subsequent holder of this Promissory Note shall be deemed, by virtue of such holder's acquisition of this Promissory Note, to have agreed to perform and observe all of the terms, covenants and conditions to be performed or observed by the Subordinate Lender (as such term is defined in the Subordination Agreement) under the Subordination Agreement. The Maker and all persons now or hereafter becoming obligated or liable for the payment hereof, do jointly and severally waive demand, notice of non-payment, protest, notice of dishonor and presentment. The Maker does not intend or expect to pay, nor does the Lender intend or expect to charge, collect or accept, any interest greater than the highest legal rate of interest which may be charged under any applicable law. Should the acceleration hereof or any charges made hereunder result in the computation or earning of interest in excess of such legal rate, any and all such excess shall be and the same is hereby waived by the Lender, and any such excess shall be credited by the Lender to the outstanding principal balance hereof. Page 2 of 5 Each endorser, or any other person, firm or corporation now or hereafter becoming liable for the payment of the Construction Loan evidenced by this Promissory Note (each an "Other Party"), hereby consents to any renewals, extensions, modifications, releases of security or any indulgence agreed to in writing between the Lender and Maker, without notice to such Other Party, and each Other Party jointly and severally agrees that he/she/it shall remain liable hereunder notwithstanding any such renewals, extensions, modifications or indulgences, until the debt evidenced hereby is fully paid. Any payment of principal and/or interest due under this Promissory Note which is not promptly paid on the date such payment becomes due, shall bear interest at the lesser of (i) twelve percent (12%) per annum, or (ii) the highest rate allowable by law commencing on the date immediately following the day upon which the payment was due (such lesser rate being the "Default Rate"). Upon the occurrence (and during the continuance) of any Event of Default as defined herein or an Event of Default as defined in the CRA Loan Agreement, all sums outstanding under this Promissory Note shall thereon immediately bear interest at the Default Rate, without notice to the Maker or endorser of this Promissory Note, and without any affirmative action or declaration on the part of the Lender. In the event of the sale of Project or the Property in violation of the requirements set forth in the CRA Loan Agreement, all sums outstanding under this Promissory Note shall thereafter bear interest at the Default Rate, without notice to the Maker or endorser of this Promissory Note, and without any affirmative action or declaration on the part of the Lender. This Promissory Note shall be construed and enforced according to the laws of the State of Florida, excluding all principles of choice of laws, conflict of laws or comity. Any action pursuant to a dispute under this Promissory Note must be brought in Miami -Dade County and no other venue. All meetings to resolve said dispute, including voluntary arbitration, mediation, or other alternative dispute resolution mechanism, will take place in this venue. The parties both waive any defense that venue in Miami -Dade County is not convenient. The terms of this Promissory Note may not be changed orally. Notwithstanding anything to the contrary in this Promissory Note and/or the Loan Documents, this Promissory Note is a non -recourse obligation of the Maker and its members and neither Maker nor its members have personal liability for repayment of the Construction Loan. THE MAKER OF THIS PROMISSORY NOTE HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES THE RIGHT TO A TRIAL BY JURY WITH RESPECT TO ANY LITIGATION BASED HEREON OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH THIS PROMISSORY NOTE OR ANY LOAN DOCUMENT(S) EXECUTED IN CONNECTION HEREWITH, OR THE FINANCING CONTEMPLATED HEREBY, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN) OR THE ACTIONS OF ANY PARTY HERETO. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE LENDER EXTENDING THE CONSTRUCTION LOAN EVIDENCED BY THIS PROMISSORY NOTE. [Signature Page Follows] Page 3 of 5 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their undersigned officials as duly authorized. WITNESSES: e_ rint Name: J7; r Print Name: dig pig r s a a Li) PROJECT SPONSOR: OVERTOWN FAMILY LAND TRUST By: +., Gwendolyn L. Johnson, CbS-Trustee Date: 0 5 (tit- t 2 0`-(' By: Gloria Taylor, Co -Trustee Date: 051 Th I2®7(p ACKNOWLEDGMENT STATE OF FLORIDA ) COUNTY OF MIAMI-DADE) THE FOREGOING INSTRUMENT was acknowledged before me by means of)t4 physical presence or ❑ online notarization, on this 2IV-a" day of M/ , 2026 by Gwendolyn L. Johnson, as Co - Trustee of the Overtown Family Land Trust who is personally known to me or who produced a as identification My Commission Expires: "4.1-•Rr Pub FRANCES LLOP•NOY 57 r1�i MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 SignattI a of Notary Public, State of Florida r12t obe lAtla� 1 Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledged before me by means of 1 physical presence or D online notarization, on this '2 day of , 2026 by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust who is p rsonally_ known to me or who produced a as identificatio My Commission Expires: FRANCES LLOP-NOY :*i MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signature of Notary Public, State of Florida ravlais t_tvc - 1\15V J Printed Name of Notary Public Page 4 of 5 Attachment 1 1437 North West 1' Place, Miami, Florida in the County of Miami -Dade, State of Florida. Payment of principal, interest, and all other charges, expenses, and fees set forth in the Loan Documents shall be deferred and no payments of principal and/or interest shall be due during the construction of the Project. Interest on funds outstanding shall accrue as follows: The Construction Loan shall bear zero percent (0%) interest during the construction of the Project. Upon the expiration of the Affordability Period, the CRA shall forgive the entire indebtedness and other sums due on the Construction Loan and release all documents given as collateral security for no additional consideration. In the event that the Maker fails to complete the Close -Out of the Project in accordance with the CRA Loan Agreement, following written notice from Lender to Maker and the expiration of a 60-day cure period, the Maker shall repay to the Lender all funds received by the Maker pursuant to the CRA Loan Agreement, all unpaid interest accrued thereon, and all unpaid fees, charges and other obligations of the Maker due under any of the Loan Documents. Page 5 of 5 EXHIBIT "G" FORM OF COVENANT Page 41 of 54 Prepared by, and after recording return to: George K. Wysong III, Esq. City Attorney, City of Miami 444 S.W. 2nd Avenue Miami, FL 33130-1910 Tel: (305) 416-1800 Property Address: 1437 NW 1" Place, Miami, FL 33136 DECLARATION OF RESTRICTIVE COVENANTS FOR 1437 NW 1 ST PLACE STREET, MIAMI, FLORIDA This Declaration of Restrictive Covenants for 1437 NW 1st Place Street, Miami, Florida (the "Covenant") made this 21 day of elAy , 2026 by OVERTOWN FAMILY LAND TRUST, a Florida Land Trust (the "Trust"), whose principal address is 1437 NW 1st Place, Miami, FL 33136 (hereinafter referred to as "Project Sponsor"), is in favor of the OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, a public agency and body corporate created pursuant to Section 163.356, Florida Statutes, with a principal office located at 1401 N. Miami Avenue, Miami, FL, 33136 (hereinafter the "CRA" or "Lender"). RECITALS WHEREAS, the Project Sponsor is the owner of the property legally described in Exhibit "A", attached and incorporated hereto (the "Property"); and WHEREAS, the Project Sponsor hereby, agrees and covenants that the Property shall be subject to the provisions, covenants, and restrictions contained herein; and WHEREAS, this Covenant is made for the express benefit of the CRA, a public agency and body corporate created pursuant to Section 163.356, Florida Statutes. It shall remain in full force and effect until released by the CRA in accordance with the terms hereof; and WHEREAS, the Project Sponsor is completing the rehabilitation of four (4) residential apartments units that will, among other things, increase the supply and quality of rental housing units for Low -Income Households (hereinafter referred to as the "Project"). The Project consists of the rehabilitation of four (4) two -bedroom CRA Assisted Units, located in the building of 1437 NW 1st Place, Miami, FL 33136 (the `Building") in the County of Miami -Dade, State of Florida, legally described in Exhibit "A," attached hereto and incorporated herein. All four (4) units will be maintained as Affordable for Low -Income Households for a period of twenty-five (25) years, commencing upon the Close -Out of the Project (such twenty-five (25)-year period being the "Affordability Period"). The Project must at all times (during the Affordability Period and subject to Existing Tenants) maintain the following unit mix structure: one two -bedroom (1) Assisted Units shall be rented at or below 50% Area Median Income as determined by the U.S. Department of Housing and Urban Development with adjustments and certain exceptions as provided in 24 CFR Part 92 ("AMI"), two (2) two -bedroom Assisted Units shall be rented at or below 80% AMI and one (1) two -bedroom unit shall be rented at current market rate as one unit is owner occupied. Once the current owner vacates this unit, it shall be rented at or below 50% AMI (the "Unit -Mix"). WHEREAS, the CRA's allocation of funds for the Project is subject to those certain Forgivable Loan Agreement for Overtown Family Land Trust effectively dated of even date herewith (the "Forgivable Loan Agreement"; capitalized but undefined terms shall have the meaning given to such terms in the Forgivable Loan Agreement) and other loan documents of even Page 1 of 7 date herewith between the CRA and the Project Sponsor (collectively the "Loan Documents"); and WHEREAS, Project Sponsor desires to make a binding commitment to assure that the CRA Assisted Units and the Property in general are maintained and operated in accordance with the provisions of the Loan Documents and this Covenant. WHEREAS, Project Sponsor, as a condition for receiving the Loan funds for the Property is required to record in the Public Records this Covenant obligating the Project Sponsor, its successors, and assigns to maintain and operate the Property in accordance with the Loan Documents; and WHEREAS, the Project Sponsor hereby declares that this Covenant shall be and is a covenant running with the Property and, unless released by the CRA, is binding on the Property for the entire Affordability Period (as such term is defined in the Forgivable Loan Agreement), and is not merely a personal covenant of the Project Sponsor; and NOW THEREFORE, Project Sponsor voluntarily covenants and agrees that the CRA Assisted Units and the Property in general shall be subject to the following restrictions that are intended and shall be deemed to be covenants running with the land and binding upon Project Sponsor, and its heirs, successors and assigns as follows: Section 1. Recitals: The recitals and findings set forth in the preamble of this Covenant are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. Use of Property: The Project shall be developed and consist of the rehabilitation of four (4) residential apartment units located in the Building at 1437 NW 1 st Place, Miami, Florida 33136. The Project must at all times (during the Affordability Period and subject to Existing Tenants) maintain the following unit mix structure: one (1) two -bedroom Assisted unit shall be rented at or below 50% area median income per HUD guidelines ("AMI"), two (2) two -bedroom Assisted Units shall be rented at or below 80% AMI and one (1) two -bedroom unit shall be rented at current market rate as one unit is owner occupied. Once the current owner (defined as the Property Owner in the Forgivable Loan Agreement for 1437 NW 1st Place) ("Forgivable Loan Agreement") vacates the unit it shall be rented at or below 50% AMI, and maintained as Affordable for Low -Income, households for a period of twenty-five (25) years in accordance with the Rent Regulatory Agreement, commencing upon the Close -Out of the Project. "Low -Income" shall mean a household whose annual income does not exceed eighty percent (80%) of the median income for the area, as determined by the U.S. Department of Housing and Urban Development, with adjustments and certain exceptions as provided in 24 CFR Part 92; however, the Project must, at all times (during the Affordability Period and subject to Existing Tenants), maintain the Unit Mix set forth above. Notwithstanding anything herein to the contrary, Project Sponsor shall be permitted to retain its Existing Tenant (as defined in the Forgivable Loan Agreement) in the Building at the current rental rates for such Existing Tenant. Upon an Existing Tenant vacating their respective Building unit, any subsequent rental of such unit will be required to comply with the Affordability requirements of this Covenant and the Rent Regulatory Agreement, of even -date herewith. Section 3. Term of Covenant: This Covenant is a covenant running with the land. This Covenant shall remain in full force and effect and shall be binding upon the Project Sponsor, its successors and assigns from the date of the Close -Out of the Project until the expiration of the Page 2 of 7 Affordability Period. Upon the expiration of the Affordability Period this covenant shall automatically terminate; however, the CRA shall prepare for recording an instrument evidencing the expiration of and other termination of this Covenant in the Public Records of Miami -Dade County, Florida. Section 4. Prohibited Conveyances: Except as provided in the Loan Documents, including the Permitted Senior Financing described therein, the Project Sponsor covenants and agrees not to encumber or convey its interest in the Project, Property, or any portion thereof, without the prior written consent of the CRA as provided for in the Forgivable Loan Agreement. For the purposes of this Covenant, any change in the ownership or control of the Project Sponsor, which is not permitted under the Loan Documents, including the Permitted Senior Financing described therein, shall be deemed a conveyance of an interest in the Project. Notwithstanding anything herein to the contrary, during the Affordability Period, the Property Owner may sell, transfer, or convey the Property to her spouse, child, children, sibling, or siblings (individually a "Family Member" and collectively "Family Members") as long as the following three requirements are satisfied: (i) Family Member gives notice to the CRA of such sale, conveyance, or transfer, (ii) notice is given in writing, (iii) Family Member acknowledges and agrees in writing that the Family Member is acquiring the Property subject to the Covenant, Rent Regulatory Agreement, and other CRA Loan Documents. (a) Right of First Refusal. If, at any time prior to the expiration of the Affordability Period, Project Sponsor shall receive a bona fide offer to purchase all of, or any portion of, and the Property that Project Sponsor desires to accept (the "Offer"), Project Sponsor shall provide a copy of such Offer to the CRA and the CRA shall have thirty (30) days after receipt of such Offer to elect to purchase the Property on the terms and conditions set forth in the Offer. If the CRA elects to so purchase the Property, the CRA shall give to Project Sponsor written notice thereof ("Acceptance Notice") within said 30-day period. If CRA delivers an Acceptance Notice as provided herein, then Project Sponsor and CRA shall, within thirty (30) days after such delivery, enter into a purchase and sale agreement pertaining to the purchase and sale of the Property (the "Purchase and Sale Agreement"), reflecting the exact terms of the Offer. The parties agree to act reasonably and cooperatively in negotiating, executing and delivering the Purchase and Sale Agreement. In the event that either (i) the CRA shall fail to timely deliver an Acceptance Notice or (after timely delivering an Acceptance Notice) the CRA shall fail to timely execute the Purchase and Sale Agreement, or (ii) the CRA shall elect not to so purchase the Property, then the Project Sponsor may thereafter sell the Property to the person or entity making such Offer. Section 5. Repayment Upon Default: The Project Sponsor covenants and agrees that in the event (i) of the sale or conveyance of any interest in the Project and/or the Property without prior written consent as required by the Loan Documents (except as otherwise provided in the Loan Documents), or (ii) that the Project Sponsor ceases to exist as an organization, the Project Sponsor shall immediately make payment to the CRA in an amount equal to the full amount of Loan funds disbursed and outstanding, with interest thereon as provided in the Note, and all unpaid fees, charges and other obligations of the Project Sponsor due under any of the CRA Loan Documents. Section 6. Inspection and Enforcement: It is understood and agreed that any official inspector of the CRA shall have the right any time during normal working hours to enter and investigate the use of the Property to determine whether the conditions of this Covenant are in compliance, subject to the rights of residential tenants under their leases. Page3of7 Section 7. Amendment and Modification: This Covenant may be modified, amended, or released as to any portion of the Property by a written instrument executed on behalf of the CRA and the Project Sponsor. Should this instrument be modified, amended or released, the Executive Director shall execute a written instrument in recordable form to be recorded in the Public Records of Miami -Dade County, Florida, effectuating and acknowledging such modification, amendment, or release. Section 8. Definitions: All capitalized terms not defined herein shall have the meanings provided in the Loan Agreement. Section 9. Severability: Invalidation of one of the provisions of this Covenant by judgment of Court shall not affect any of the other provisions of the Covenant, which shall remain in full force and effect. Section 10. Recordation: This Covenant shall be filed of record among the Public Records of Miami -Dade County, Florida, at the sole cost and expense of the Project Sponsor. Section 11. Deed Restriction/Covenant Running with the Land. Any and all requirements of the laws of the State of Florida that must be satisfied in order for the provisions of this Covenant to constitute a deed restriction and covenant running with the land shall be satisfied in full, and any requirements or privileges of estate are intended to be satisfied, or in the alternate, an equitable servitude has been created to insure that these restrictions run with the land. For the term of this Covenant, each and every contract, deed, or other instrument hereafter executed conveying the Property or portion thereof shall expressly provide that such conveyance is subject to this Covenant, provided, however, that the covenants contained herein shall survive and be effective regardless of whether such contract, deed, or other instrument hereafter executed conveying the Property or portion thereof provides that such conveyance is subject to this Covenant. Section 12. Governing Law and Venue. This Covenant shall be construed and enforced pursuant to the laws of the State of Florida, excluding all principles of choice of laws, conflict of laws and comity. Any action pursuant to a dispute under this Covenant must be brought in Miami - Dade County and no other venue. All meetings to resolve said dispute, including voluntary arbitration, mediation, or other alternative dispute resolution mechanism, will take place in this venue. The parties both waive any defense that venue in Miami -Dade County is not convenient. Section 13. Fixed Units. CRA-Assisted Units shall be handled as "Fixed Units," meaning that they are specifically designated units within the building. CRA and Project Sponsor acknowledge and agree that the Building contains four (4) residential rental units and that all four (4) of the total four (4) residential rental units shall be in compliance with the CRA-Assisted requirements set forth herein. Section 14. Attorney's Fees. In the event litigation, arbitration, or mediation, between the parties hereto, arises out of the terms of this Covenant, each party shall be responsible for its own attorney's fees and costs. [Signature Page Follows] Page4of7 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their undersigned officials as duly authorized. WITNESSES: Print Name: a �' _ 2/ , iota Print Name: cAat-Et_j-a;nt.G�r,y STATE OF FLORIDA ) PROJECT SPONSOR: Overtown Family Land Trust By: mot¢ Lci .al/L.0JL1L Gwendolyn L. Johnson, C -Trustee Date: c51 tl By: ,. Gloria Taylor, Co- rustee Date: 05121 If 2'02 ACKNOWLEDGMENT COUNTY OF MIAMI-DADE ) THE FOREGOING INSTRUMENT was acknowledged before me by means of physical presence or ❑ online notarization, on this 2-4' day of M , 2026 by Gwendolyn L. Johnson, as Co - Trustee of the Overtown Family Land Trust who is personally known to me or who produced a as identification. -a?•• r P' o: FRANCES LLOP•NOY '*1 MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signatdr 'of Notary Public, State of Florida rirw I/W -0] Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledged before me by means of f Z physical presence or ❑ online notarization, on this 2�- day of , 2026 by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust who is pe sonally known to me or who produced a as identification. My Commission Expires: FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signatur of Notary Public, State of Florida Faro/Faro/A Liar -DJ� Printed Name of Notary Public Page 5 of 7 arties hereto have caused this Agreement to be executed by IN WITNESS WHE � their undersignedialp �'� '`:�+ orized. ATTEST: odd :. Hannon City C - Date: 6 M4- 2026' APPROVED AS TO FORM AND CORRECTNESS: George KQ son II�� W (�ic�ti� g Y g General Counsel CRA: OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, a public agency and body corporate By: Executive Director Exhibit A Page 6 of 7 Legal Description of the Property PROPERTY ADDRESS: 1437 NW 1st Place, MIAMI, FL FOLIO: 01-3136-051-0510 Full Legal Description Lot 6, WADDELL 'S RE -SUBDIVISION OF Block 44 of the Johnson & Waddell Addition, according to the Plat thereof, as recorded in Plat Book 1, Page 169, of the Public Records of Miami Dade County, Florida. Page 7 of 7 EXHIBIT "H" FORM OF RENT REGULATORY AGREEMENT Page 42 of 54 Prepared by, and after recording return to: George Wysong III, Esq. City Attorney, City of Miami 444 S.W. 2nd Avenue Miami, FL 33130-1910 Tel: (305) 416-1800 Property Address: 1437 NW lst Place, Miami, Florida 33136 RENT REGULATORY AGREEMENT FOR FOUR (4) UNITS AT 1437 NORTH WEST 1 ST PLACE, MIAMI, FLORIDA THIS RENT REGULATORY AGREEMENT ("Regulatory Agreement") is entered into this 21 day MAN! , 2026, between OVERTOWN FAMILY LAND TRUST, a Florida Land Trust (the "Trust"), whose principal address is 1347 NW 1st Avenue, Miami, FL 33136 (hereinafter referred to as "Borrower") and the OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, a public agency and body corporate created pursuant to Section 163.356, Florida Statutes, with a principal office located at 1401 N. Miami Avenue, Miami, FL, 33136 (hereinafter the "CRA"). The execution of this Regulatory Agreement by the Borrower is in connection with the Forgivable Loan Agreement and use of CRA Funds (the "Loan"), secured by certain loan documents to be executed in connection therewith (the "Loan Documents"), for the rehabilitation of a total of four (4) residential apartment units. Subject to Existing Tenant (as defined in the Forgivable Loan Agreement), all four (4) units will be CRA-assisted units (the "CRA-Assisted Units") of that certain project located at 1437 NW 1st Place, Miami, Florida 33136. In accordance with the requirements set forth in (i) that certain Forgivable Loan Agreement executed of even date herewith by the Borrower and the CRA for the CRA funds (the "Agreement"), and (ii) the other Loan Documents of even date therewith between the Borrower and the CRA, four (4) units are considered "CRA-Assisted" and all of the CRA-Assisted Units are subject to the restrictions provided herein. The four (4) CRA-Assisted Units shall be "fixed" units, meaning that they are specifically designated units. All four (4) Project units shall be, at any one time, in compliance with the CRA-Assisted requirements set forth herein and in the Loan Documents, including but not limited to the Covenant on the property legally described in Exhibit "A," attached hereto and incorporated herein. As consistent with the Loan Agreement, the "Affordability Period" for this Project will be twenty-five (25) years, commencing on the Close - Out of the Project. The Project shall, for twenty-five years (during, the Affordability Period and subject to Existing Tenant) maintain the following unit mix structure: one (1) two -bedroom Assisted Unit shall be rented at or below 50% area median income as determined by the U.S. Department of Housing and Urban Development with adjustments and certain exceptions as provided in 24 CFR Part 92 ("AMI"), two (2) two -bedroom Assisted Units shall be rented at or below 80% AMI and one (1) two -bedroom unit shall be rented at current market rate as one unit is occupied by the Existing Tenant (if the Existing Tenant vacates this unit for any reason, it shall be rented at or below 50% AMI for the remainder of the Affordability Period) (collectively, the "Unit -Mix"). Borrower hereby agrees to the following terms, conditions and covenants until the end of the Affordability Period: Page 1 of 10 (1) Existing Tenant Occupancy Requirements. Tenants with existing leases who are occupying CRA Assisted Units at the time that the rehabilitation of the Project commences (each an "Existing Tenant") will be allowed to retain their existing apartment, or new apartment within development, without restriction on income or rent level, for as long as they choose to reside there. Borrower will not terminate the lease of an Existing Tenant except in accordance with the terms of such Existing Tenant's lease or otherwise as permitted pursuant to applicable law. If an Existing Tenant wishes to continue its lease, and is not in default under such lease, then the Borrower shall renew such Existing Tenant's lease (1). An Existing Tenant may not assign its lease except to a spouse, parent, sibling or any lineal descendant of such Existing Tenant; said spouse, parent, sibling, or lineal descendant must meet the AMI requirements of this Regulatory Agreement in compliance with the Unit Mix. (2) New -Tenant Occupancy Requirements. If a Unit is vacant at the time that this Regulatory Agreement is executed or when the Existing Tenant vacates such Existing Tenant's CRA Assisted Unit, then such Unit shall thereafter be made available to tenants who qualify under the CRA-Assisted Unit requirements as set forth in this Regulatory Agreement, as follows: a. Maximum Rent Levels. The rents charged on all CRA-Assisted Units shall be subject to the 24 CFR Part 92 (hereinafter referred to as the "Regulation"). Gross monthly rent charged on CRA-Assisted Units occupied by tenants identified as Low -Income are subject to the 50% and 80% maximum rents published annually by the U.S. Depailiiient of Housing and Urban Development ("HUD") for each locality and income level. The new rent maximums for leases signed in Miami, Florida effective as of June 2026 are as follows: Unit 1 Unit 2 Unit 3 Unit 4 *subject to Existing Tenant Area Median Income 50% AMI 50% AMI 80% AMI 80% AMI Unit Size (SF) 750 750 750 750 Unit Type 2 Bedroom 1 Bathroom 2 Bedroom 1 Bathroom 2 Bedroom 1 Bathroom 2 Bedroom 1 Bathroom New Tenants' Max Rents (2026) $1,532 $1,532* $2,452 $2,452 The foregoing maximum rents does not include utilities. Tenants will be responsible for their own utilities. In no event will the monthly rent on a CRA-Assisted Unit exceed the maximum rent levels as provided for in this Paragraph (2)(a). Rents shall not be adjusted for changes in income or HUD published maximums until lease renewal. The Project must at all times (during the Affordability Period and subject to Existing Tenants) maintain the Unit -Mix. b. Income Re -certification. Tenant income for CRA-Assisted Units shall be certified by the Borrower annually on the anniversary of each tenant's lease and Page 2of10 maintained in the tenant file, subject to inspection by the CRA, in accordance with Paragraph (4) of this Regulatory Agreement. Existing Tenants are not subject to Income Certification, or Re - Certification. c. Deposits and Pre -payments. Borrower shall not require, as a condition of occupancy or leasing of any CRA-Assisted Unit, any other consideration or deposit from the tenant, except for the prepayment of one month's rent and plus a security deposit not to exceed one additional month's rent. d. Prohibited Lease Provisions. The Borrower's leases for CRA- Assisted Units shall not contain any of the following provisions: i. Agreement to be sued. A tenant lease may not contain a provision whereby the tenant agrees to be sued, admits guilt or consents to judgment in favor of the landlord in a lawsuit brought in connection with the lease. ii. Agreement regarding treatment of property. A tenant lease may not contain a provision whereby the tenant agrees that the landlord may take, hold or sell personal property of the tenant household without notice and a court decision. This prohibition does not apply to personal property remaining in the CRA-Assisted Unit after the tenant has moved out. iii. Waiver of notice. A tenant lease may not contain a provision whereby the tenant agrees that the landlord may institute a lawsuit without notice to the tenant. iv. Waiver of legal proceedings. A tenant lease may not contain a provision whereby the tenant agrees that the landlord may evict the tenant or a household member without instituting a civil court proceeding in which the tenant has the opportunity to present a defense or before a court decision on the rights of the parties. v. Waiver of a jury triai; A tenant lease may not contain a provision whereby the tenant agrees fo waive any right to a jury trial. yi. Waiver of right to appeal a court decision. A tenant lease may not contain a provision whereby the tenant agrees to waive the tenant's right to appeal or otherwise challenge in court a court decision in connection with the lease. vii. Agreement to pay legal costs, regardless of outcome. A tenant lease may not contain a provision whereby the tenant agrees to pay attorney's fees or other legal costs even if the tenant wins the court proceeding brought by the landlord against the tenant. The tenant, however, may be obligated to pay costs if the tenant loses. viii. Excusing owner from responsibility. A tenant lease may not contain a provision whereby the tenant agrees not to hold the landlord or the landlord's agents legally responsible for any action or failure to act, whether intentional or negligent. Page 3of10 (3) Annual Reporting. Each year, on the anniversary of the issuance of the certificate of occupancy/certificate of completion for the Project or Close -Out of the Project in accordance with the Agreement, and at other times at the request of the CRA (but in no event more than two (2) times in any 12-month period), the Borrower shall furnish occupancy reports in a form approved by the CRA, and shall provide the CRA with such other information as may be requested by the CRA relative to income, expenses, assets, liabilities, contracts, operations, and condition of the Project and/or the CRA-Assisted Units. (4) Inspections. The Borrower agrees to submit the CRA-Assisted Units to an annual re -inspection to ensure continuing compliance with all applicable housing codes, federal and local housing quality standards and regulatory requirements. The Borrower will be furnished a copy of the results of each inspection within thirty (30) days of completion, and will be given thirty (30) days thereafter to correct any deficiencies or violations (provided however, in the event that the deficiencies or violations are not of a type which can be resolved in 30-days, the Borrower shall have an additional 30 days of time to correct the same so long as Borrower is diligently endeavoring to cause such correction). At any time other than an annual inspection, the CRA may, in its discretion, inspect any CRA-Assisted Unit. The Borrower and the tenant will be provided with the results of the inspection and the time and the method of compliance and corrective action that must be taken. All inspections by the CRA shall (1) be done during normal business hours, (2) upon at least 48-hours prior notice to the Borrower and tenant, and (3) in a manner so as to not materially interfere with the tenant's occupancy of the CRA-Assisted Unit. (5) Record -keeping. The Property, including the CRA-Assisted Units, equipment, buildings, plans, offices, apparatus, devices, books, contracts, records, documents, and other papers relating thereto shall at all times be maintained in reasonable condition for proper audit and shall be subject to examination and inspection. Borrower shall keep copies of all written contracts and other instruments which affect the CRA-Assisted Units, all or any of which may be subject to reasonable inspection and examination by the CRA its agents or assigns. Specifically, the foregoing includes all records, calculations and information necessary to support tenant occupancy eligibility and monthly rental charges in addition to all leases and written notices to tenants with respect to the terms of this Regulatory Agreement, as required by Paragraph (8) of this Regulatory Agreement. (6) Default. Upon the occurrence of a violation of any provision of this Regulatory Agreement, the CRA shall give written notice thereof to the Borrower, by registered or certified mail, FedEx or similar overnight courier (with tracking confirmation), addressed to the Borrower's address as stated in this Regulatory Agreement, or to such other address(es) as may subsequently, upon appropriate written notice thereof to the CRA, be designated by the Borrower. In the case of a Borrower which is a corporation or partnership, notices may also be sent by the CRA to the address of the corporation's chief executive officer or to all general partners, as applicable, at the CRA's discretion. If such violation is not corrected to the CRA's reasonable satisfaction, within thirty (30) days after the date such notice is delivered (as evidenced by tracking information or USPS return receipt), if such violation cannot practicably be cured within thirty (30) days, then within such additional time as may be required to effect a cure, so long as the cure is commenced within thirty (30) days and is diligently prosecuted), without further notice the CRA may declare a default under this Regulatory Agreement and under the Agreement and the Loan Documents executed in connection therewith, and may proceed to initiate any or all remedies at law or in equity provided for in the event of a default under such Agreement and Loan Documents. Page 4of10 follows: All notices under this Regulatory Agreement shall be in writing and addressed as To Borrower: Overtown Family Land Trust 1437 NW 1st Place Miami, FL 33136 Attn: Gwendolyn L. Johnson With Copy to: Gloria Taylor 2330 NW 187th Street Miami Gardens, FL 33056 To City: Omni Redevelopment District Community Redevelopment Agency 1401 North Miami Ave, 2nd Floor Miami, Florida Attn: Carlos I. Suarez, Executive Director With Copy To: George K. Wysong III General Counsel Office of the City Attorney, City of Miami 444 S.W. 2nd Avenue Miami, FL 33130-1910 (7) Fines. Upon the occurrence (and continuance beyond applicable grace, notice and/or cure periods) of a violation of any provision of this Regulatory Agreement, and regardless of the nature of the violation, the CRA will assess (commencing upon the expiration of the applicable grace, notice and/or cure period) a flat monthly fine in the amount of Fifty Dollars and no/cents ($50.00) per CRA-Assisted Unit that is the subject of such violation up to a maximum of Five Thousand Dollars and no/cents ($5,000.00) per month, for each month the violation is not corrected, and pay same over to the CRA. The remedy for violation provided in this section of this Regulatory Agreement is cumulative with any and all remedies at law or in equity provided in the event of a default under this Regulatory Agreement and/or the Loan Documents. (8) Tenant Notice. Borrower agrees during the term of this Regulatory Agreement, to furnish each tenant of a CRA-Assisted Unit, at the execution or renewal of any lease or upon initial occupancy, if there is no lease, with a written notice in the following form: The rent charged for your apartment and the services included in that rent are subject to a Rent Regulatory Agreement between the landlord and the Omni Redevelopment District Community Redevelopment Agency, for the term of the Affordability Period. A copy of the Rent Regulatory Agreement will be made available by the landlord to each tenant upon request. If there is no lease for a CRA-Assisted Unit, Borrower shall maintain a file copy of such notice delivered to the tenant, with a signed acknowledgement of receipt by the tenant. All such notices to tenants will be made available for inspection upon request by the CRA. Page 5 of 10 (9) No Conflict with Loan Documents. The provisions of this Regulatory Agreement are in addition to, and do not amend, alter, modify, or supersede in any respect, the provisions of the mortgage and/or any of the other Loan Documents executed in connection with the Loan. (10) Partial Invalidity. The invalidity of any paragraph or provision of this Regulatory Agreement shall not affect the validity of the remaining paragraphs and provisions hereof. (11) Term. This Regulatory Agreement shall be effective until the expiration of the Affordability Period. On the expiration of such period, this Regulatory Agreement shall immediately lapse and be of no further force and effect without the necessity of any other written document or instrument. Notwithstanding the foregoing, upon such expiration, the Borrower shall be permitted to prepare and record an instrument evidencing the expiration of and other termination of this Regulatory Agreement in the Public Records of Miami -Dade County, Florida. (12) Definitions. All capitalized terms used herein and not otherwise defined shall have the meanings provided in the Regulation, Forgivable Loan Agreement, and/or in the Loan Documents. (13) Exclusion of Commercial Spaces. Notwithstanding anything to the contrary in this Regulatory Agreement or in the Agreement, it is expressly understood and agreed that the Regulation and all other terms, conditions, restrictions, and requirements of this Regulatory Agreement shall exclude, and shall not apply to, or otherwise restrict or affect, the operation, maintenance, leasing, improvement, base rent and other additional rent determination and collection, and all other aspects of the Borrower's management, leasing, and ownership of all or any portion of the commercial and retail spaces located in the Project, if applicable. (14) Severability. Invalidation .of one of the provisions of this Regulatory Agreement by judgment of Court shall not affect any of the other provisions of the. Covenant, which shall remain in full force and effect. (15) Recordation. This Regulatory Agreement shall be filed of record among the Public Records of Miami -Dade County, Florida, at the sole cost and expense of the Owner. (16) Governing Law and Venue. This Regulatory Agreement shall'be construed and enforced pursuant to the laws of the State of Florida, excluding all principles of choice of laws, conflict of laws and comity. Any action pursuant to a dispute under this Regulatory Agreement must be brought in Miami -Dade County and no other venue. All meetings to resolve said dispute, including voluntary arbitration, mediation, or other alternative dispute resolution mechanism, will take place in this venue. The parties both waive any defense that venue in Miami -Dade County is not convenient. (17) Attorney's Fees. In the event litigation, arbitration, or mediation, between the parties hereto, arises out of the terms of this Regulatory Agreement, each party shall be responsible for its own attorney's fees and costs. Page 6 of 10 THIS REGULATORY AGREEMENT has been executed and delivered as of the day and year first above written. [Signature Page Follows] Page 7 of 10 IN WITNESS WHEREOF, the parties hereto have caused this Regulatory Agreement to be executed by their undersigned officials as duly authorized. WITNESSES: Print Name: _A c ar C C'L t Fty STATE OF FLORIDA ) PROJECT SPONSOR: OVERTOWN FAMILY LAND TRUST By: Gwendolyn L. Jo son, Date: 011 211 7-02-0 By: Gloria Taylor, Co -Trustee Date: 051 2-4 I Z,�p ACKNOWLEDGMENT COUNTY OF MIAMI-DADE ) THE FOREGOING INSTRUMENT was acknowledged before me by means of Q(] physical presence or [ ] online notarization on this ' 9 day of PIA , 2026 by Gwendolyn L. Johnson, Co -Trustee, who is personally known tb me or whom produced a My C mmon .xn t FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 as identification. Signature of Notary Public, State of Florida Frl frl LA`7 4 1 Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledged before me by means of [' ] physical presence or [ ] online notarization on this '24 day of Mj , 2026 by Gloria Taylor, Co -Trustee, who is personally known to me or whom produced a as identificatio My o miccion xn'rP FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signature of Notary Public, State of Florida FriAirl&& L j )'J 611 Printed Name of Notary Public Page 8 of 10 IN WITNESS WHEREOF, the parties hereto have caused this Regulatory Agreement to be executed by their undersigned officials as duly authorized. ATTEST: CRA: OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY of the City of Miami, a public agency and body corporate created pursuant to Section 163.356, Florida Statutes ("CRA") 67.‘&__ By. . By: tit, Todd Ha . on, Clerk of the Board ar os I. Suarez, Executive Director Date: %' f - 2 (0 APPROVED AS INS JRANCE David Ruiz Interim Direc • of Risk Management APPROVED AS TO FORM AND REQUIREMENTS CORRECTNESS: Zt.A George K. Wysong III General Counsel Exhibit A Legal Description of the Property PROPERTY ADDRESS: 1437 NW 1ST PLACE, MIAMI, FLORIDA 33136 FOLIO: 01-3136-051-0510 Full Legal Description Lot 6, WADDELL 'S RE -SUBDIVISION OF Block 44 of the Johnson & Waddell Addition, according to the Plat thereof, as recorded in Plat Book 1, Page 169, of the Public Records of Miami Dade County, Florida. EXHIBIT "I" SIGNAGE REQUIREMENTS Page 43 of 54 SIGNAGE REQUIREMENTS BORROWER shall consult with the CRA's Executive Director regarding all uses and displays of the recognition of the CRA. BORROWER shall prominently display signage acknowledging the CRA's contribution to the Project at the project site. BORROWER shall produce, publish, advertise, disclose, or exhibit the CRA's name and/or logo, in acknowledgement of the CRA's contribution to the Project, in all forms of media and communications created by BORROWER in relation to this Agreement and/or the Project, for the purpose of publication, promotion, illustration, advertising, trade or any other lawful purposes, including but not limited to stationary, newspapers, periodicals, billboards, posters, email, direct mail, flyers, telephone, public events, and television, radio, or internet advertisements or postings, or interviews. The CRA shall have the right to approve the form and placement of all acknowledgements, which approval shall not be unreasonably withheld. BORROWER further agrees that the CRA's name and logo may not be otherwise used, copied, reproduced, altered in any manner, or sold to others for purposes other than those specified in this Agreement. Nothing in this Agreement, or in BORROWER'S use of the CRA's name'and logo, confers or may be construed as conferring BORROWER any right, title, or interest whatsoever in the CRA's name, identifying information, and logo beyond the limited right granted in this Agreement. Authorized Representatives Signatures: PROPERTY OWNER: OVERTOWN FAMILY LAND TRUST By: A Print Name: Gweyn L. Johnson Title: Co -Trustee • By: Print Name: Gloria tior Title: Co -Trustee Date: 65I2 I t20Vo Date: 0027 110 2C STATE OF FLORIDA COUNTY OF MIAMI-DADE THE FOREGOING INSTRUMENT was acknowledged before me by means of 0 physical presence or ❑ online notarization, on this 2/ day of M , 2026 by Gwendolyn L. Johnson, as Co -Trustee of the Overtown Family Land Trust who is personally known to me or who produced a as identification. FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 4 Signature of Notary Public, State of Florida ry t v1G (Apr -T\ -1 Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledged before me by means of I* physical presence or ❑ online notarization, on this 21- day of M , 2026 by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust who is persbnally known me or who produced a as identification. My Commission Expires: :,FpF Fro;: FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signa re of Notary Public, State of Florida Printed Name of Notary Public ' EXHIBIT "J" ADDITIONAL INSURANCE REQUIREMENTS INSURANCE REQUIREMENTS FOR A CERTIFICATE OF INSURANCE -1437 NW 1ST PLACE RENOVATIONS GRANTEE [ Commercial General Liability A. Limits of Liability Bodily Injury and Property Damage Liability Each Occurrence $1,000,000 General Aggregate Limit $ 2,000,000 Products/Completed Operations $ 1,000,000 Personal and Advertising Injury $1,000,000 B. Endorsements Required City of Miami & OMNI CRA listed as an additional insured Contingent and Contractual Liability Primary Insurance Clause Endorsement II. Business Automobile Liability A. Limits of Liability Bodily Injury and Property Damage Liability Combined Single Limit Any Auto Including Hired, Borrowed or Non -Owned Autos Any One Accident Endorsements Required $300,000 City of Miami & OMNI CRA listed as an Additional Insured Letter is acceptable if no auto exposure is anticipated III. Worker's Compensation Limits of Liability Statutory -State of Florida Waiver of subrogation Employer's Liability A. Limits of Liability Page 44 of 54 $100,000 for bodily injury caused by an accident, each accident $100,000 for bodily injury caused by disease, each employee $1,000,000 for bodily injury caused by disease, policy limit The above policies shall provide the City of Miami with written notice of cancellation or material change from the insurer not less than (30) days prior to any such cancellation or material change, or in accordance to policy provisions. Companies authorized to do business in the State of Florida, with the following qualifications, shall issue all insurance policies required above: The company must be rated no less than "A-" as to management, and no less than "Class V" as to Financial Strength, by the latest edition of Best's Insurance Guide, published by A.M. Best Company, Oldwick, New Jersey, or its equivalent. All policies and /or certificates of insurance are subject to review and verification by Risk Management prior to insurance approval. Page 45 of 54 111/P HUDSON IvM1RA'Ji l i.ittH.I JOHNSON & JOHNSON INC., MGRS. P.O. BOX 899 CHARLESTON, SC 29402 PHONE: (727) 576-1536 ♦ FAX: (727) 577-6673 DATE: 11/10/2024 ASSUREAN, LLC 3350 SW 148TH AVE STE 330 MIRAMAR, FL 33027 (866) 682-5157 POLICY: PXPL0046813-00 INSURED: GWENDOLYN JOHNSON BILLING TYPE: ATTACHED PLEASE FIND THE ABOVE REFERENCED POLICY. PLEASE REVIEW CAREFULLY. In addition to the information provided upon bind request, we still need the following: HUD -SUSPENSE (08/11) HUDSON INst'ItAN:( I GRUMMI' HUDSON EXCESS INSURANCE COMPANY 100 WILLIAM STREET 5TH FLOOR NEW YORK, NY 10038 COMPREHENSIVE PERSONAL LIABILITY PART TWO — POUCY DECLARATIONS This Declarations Page along with "Potty Provisions — Part One" end any endorsements completes this Policy. Policy Number: PXPL0046813-00 Number 1000137 JOHNSON & JOHNSON INC., MGRS. Item 1: Insured's GWENDOLYN JOHNSON Name: Mailing 1437 NW 1ST PL #2 Address: MIAMI, FL 33136 Producer's ASSUREAN, LLC Name: Mailing 3350 SW 148TH AVE Address: STE 330 MIRAMAR, FL 33027 Item 2: Policy Period (Month/Day/Year): From: 11/07/2024 To: 11/07/2025 Poky Term: 365 Days At 12:01 A.M. Standard Time At Your Mailing Address Shown Above. Prior Policy: Now Item 3: Insured's Occupation: RETIRED Spouse/Other Occupation: ADMIN ASST HEALTH l'ir MT Item 4: The 'Residence Premises' covered by this policy is located at: See Item 7 for details IN RETURN FOR THE PAYMENT OF THE PREMIUM AND SUBJECT TO ALL TERMS AND ENDORSEMENTS OF THIS POUCY, WE AGREE WITH YOU TO PROVIDE THE INSURANCE COVERAGE AS STATED IN THIS POLICY. Item 5: Limits of Liability (Defense Costs are provided outside this limit): Coverage L — Personal Liability Coverage: $ 300,000 Coverage M — Medical Payments To Others: $ 1,000 Identity Theft Coverage: EXCLUDED Personal Cyber Liability: EXCLUDED Item 6: Retained Limit (Self Insured Retention): Coverage L — Personal Liability Coverage: NONE Coverage M — Medical Payments To Others: NONE Item 7: Other Insured Locations: 1. 1437 NW 1ST PL #2, MIAMI, FL 33136 2. 1437 NW 1ST PL #1 #3 #4, MIAMI, FL 33136 3. 4. 5. 6. 7. Total Premium $ 560,00 HUD-CPL0002(08/11), HUD-CPL0001(11/15), HUD.CPL0004(08/11), HUD-CPL0007(01/22), HUD- CPL0052(04123), HUD-CPL0011(11/15), HUD-CPL0016(08/11), HUD-CPL0044(02118), HUD- CPL0045(02/18), HUD-CPL0051(06/20), FLPHNOTICE(9/13), HUDPN2013, HUDPP2013, SS- FL(9/09), HUD-CPL-PAPP(06/23) policy Fee $ 70.00 Surplus Lines Tax , $ 31.12 Stamping Fee $ 0.38 FHCF $ Total Poliry Premium $ 661.50 Date of Issue: 11/10/2024 Counterslgned by X licensed Res dent Agent or Authorized Repr awnairve THIS INSURANCE IS ISSUED PURSUANT TO THE FLORIDA SURPLUS LINES LAW. PERSONS INSURED BY SURPLUS LINES CARRIERS DO NOT HAVE THE PROTECTION OF THE FLORIDA INSURANCE GUARANTY ACT TO THE EXTENT OF ANY RIGHT OF RECOVERY FOR THE OBLIGATION OF AN INSOLVENT UNLICENSED INSURER. SURPLUS LINES INSURERS' POLICY RATES AND FORMS ARE NOT APPROVED BY ANY FLORIDA REGULATORY AGENCY. HUD-CP10002 (08/11) Page 1 of 1 Comprehensive Personal Liability Policy Part One This is not a complete and valid contract without an accompanying DECLARATIONS PAGE, "Part Two" signed by an authorized representative of the company. INSURING AGREEMENT We will provide the insurance described in this policy in return for the premium and compliance with all applicable provisions of this policy. This policy is a contract between the insured(s) named on the Declarations and the Company named on the Declarations. DEFINITIONS In this policy, "you" and "your" refer to the "named insured" shown in the Declarations and the spouse if a resident of the same household. All references to spouse in the policy include an individual who is a party to a civil union or is in a domestic partnership recognized under state law, where applicable. "We", "us" and °our" refer to the Company providing this insurance. In addition, certain words and phrases are defined as follows: 1. "Bodily injury" means bodily harm, sickness or disease, including required care, loss of services and death that results. 2. "Business" includes trade, profession or occupation. Home day care services to a person or persons other than "insureds", for which monetary or other compensation for such services is received in that enterprise, is a business. 3. "Insured" means: a. you and residents of your household who are: (1) your relatives; (2) other persons under the age of 21 and in the care of any person named above; b. with respect to animals or watercraft to which this policy applies, any person or organization legally responsible for these animals or watercraft which are owned by you or any person included in 3a above. A person ororganization using or having custody of these animals or watercraft in the course of any "business" or without consent of the owner is not an insured; c. with respect to any vehicle to which this policy applies: (1) persons while engaged in your employ or that of any person included in 3a above; or (2) other persons using the vehicle on an "insured location" with your consent. 4. "Insured location" means: a. the "residence premises"; b. the part of other premises, other structures and grounds used by you as a residence and: (1) which is shown in the Declarations; or (2) which is acquired by you during the policy period for your use as a residence; c. any premises used by you in connection with a premises in 4a or 4b above; d. any part of a premises: (1) not owned by an "insured"; and (2) where an "insured" is temporarily residing; e. vacant land, other than farm land, owned by or rented to an "insured"; f. land owned by or rented to an "insured" on which a one to four family dwelling is being built as a residence for an "insured"; g. individual or family cemetery plots or burial vaults of an "insured"; or h. any part of a premises occasionally rented to an "insured" for other than 'business" use. HUD-CPL0001 (11/15) Page 1 of 11 Comprehensive Personal Liability Policy Part One 5. "Occurrence" means: a. with respect to "bodily injury" and "property damages", an accident, including continuous or repeated exposure to substantially the same general harmful conditions, which results, during the policy period, in (1) "bodily injury"; or (2) "property damage"; b. with respect to "personal injury", the commission, during the policy period, of an offense described in the definition of "personal injury", which results In injury (including humiliation), other than "bodily injury" or "property damage"; or c. any combination of (a) and (b) above in a single event or series of related events. 6. "Personal injury" means injury (including humiliation), other than "bodily injury" or "property damage", arising out of one or more of the following offenses committed during the policy period: a. false arrest, detention, or imprisonment; b. malicious prosecution; c. wrongful entry or eviction or other invasion of the right of privacy; d. oral or written publication of material which slanders or libels a person or organization. 7. "Property damage" means physical injury to, destruction of, or Toss of use of tangible property. 8. "Residence employee" means: a. an employee of an "insured" whose duties are related to the maintenance or use of the "residence premises", including household or domestic services; or b. one who performs similar duties elsewhere not related to the "business" of an "insured". 9. "Residence premises" means: a. the one family dwelling, other structures, and grounds; or b. that part of any other building; where you reside and which is shown as the "residence premises" In the Declarations. "Residence premises" also means a two, three or four famly dwelling where you reside in at least one of the family units and which is shown as the "residence premises" in the Declarations. LIABILITY COVERAGES COVERAGE L — PERSONAL LIABILITY If a claim is made or a suit is brought against an "insured" for damages because of "bodily injury", "personal injury", or "property damage" caused by an "occurrence" to which this coverage applies, we will: 1. pay up to our limit of liability for the damages for which the "insured" is legally liable. Damages include prejudgment interest awarded against the "insured" on that part of the judgment we pay. 2. provide a defense at our expense by counsel of our choice, even if the suit is groundless, false or fraudulent. We may investigate and settle any claim or suit that we decide is appropriate. Our duty to settle or defend ends when the amount we pay for damages resulting from the "occurrence" equals our limit of liability. Coverage L does not apply to any suit brought in or judgment rendered by any court outside the United States of America, its territories and possessions, or Canada, or to any action on such judgment. HUD-CPL0001 (11/15) Page 2 of 11 Comprehensive Personal Liability Policy Part One COVERAGE M — MEDICAL PAYMENTS TO OTHERS We will pay the necessary medical expenses that are incurred or medically ascertained within. three years from the date of an accident causing "bodily injury'. Medical expenses means reasonable charges for medical, surgical, x-ray, dental, ambulance, hospital, professional nursing, prosthetic devices and funeral services. This coverage does not apply to you or regular residents of any part of the premises except "residence employees". As to other, this coverage applies only: 1. to a person on the "insured location" with the permission of an "insured"; or 2. to a person off the `insured location", if the "bodily injury": a. arises out of a condition on the "insured location" or the ways immediately adjoining; b. is caused by the activities of an insured"; c. is caused by a "residence employee" in the course of the "residence employee's" employment by an "insured"; or d. is caused by an animal owned by or in the care of an "insured". EXCLUSIONS 1. Coverage L — Personal Liability and Coverage M — Medical Payments to Others do not apply: a. To "bodily injury", "personal injury" or property damage" which is expected or intended by the "insured", arising from or In connection with criminal acts or omission of any insured person. This exclusion applies even if: i. Such insured person lacks the mental capacity to govem his or her conduct; ii. Such bodily injury", "personal injury" or property damage" is sustained by a different person than that intended or reasonably expected. This exclusion applies regardless of whether or not such insured person is actually charged with or convicted of a crime. This exclusion applies regardless of the number or "insureds", the number of claims made, or the number of persons injured. Ili. This exclusion will not apply if a. You were acting in good faith to protect person or property; b. Your actions were not fraudulent, caiminal, or malicious; and c. The Underlying Insurance provides coverage for the loss b. To "bodily injury", "personal injury", or "property damage": (1) arising out of or in connection with a "business" engaged in by an "insured". This exclusion applies but is not limited to an act or omission, regardless of its nature or circumstances, involving a service or duty rendered, promised, owned or implied to be provided because of the nature of the "business"; (2) arising out of the rental or holding for rental of any part of any premises by an "insured". This exclusion does not apply to the rental or holding for rental of an "insured location": (a) on an occasional basis if used only as a residence; (b) in part for use only as a residence, unless a single family unit is intended for use by the occupying family to lodge more than two roomers or boarders; or (c) in part, as an office, school, studio or private garage. c. To "bodily injury", "personal injury", or "property damage" arising out of the rendering of or failure to render professional services. d. To "bodily injury", "personal injury", or "property damage" arising out of a premises: (1) owned by an "insured"; (2) rented to an "insured"; (3) rented to others by an "insured"; that is not an "insured location". e. To "bodily injury" or "property damage" arising out of: HUD CPL0001 (11/15) Page 3.of 11 Comprehensive Personal Liability Policy Part One (1) The ownership, maintenance, use loading or unloading of motor vehicles or all other motorized land conveyances. including trailers, owned or operated by or rented or loaned to an "insured"; (2) the entrustment by an "insured" of a motor vehicle or any other motorized land conveyance to any person; or (3) vicarious liability, whether or not statutorily imposed, for the actions of a child or minor using a conveyance excluded in paragraph (1) or (2) above. This exclusion does not apply to: (1) a trailer not towed by or carried on a motorized land conveyance. (2) a motorized land conveyance designed for recreational use off public roads, not subject to motor vehicle registration and: (a) not owned by an "insured"; or (b) owned by an "insured" and on an "insured location". (3) a motorized golf cart when used to play golf on a golf course. (4) a vehicle or conveyance not subject to motor vehicle registration which is: (a) not designed for use on public road, and (i) used to service an "insured's" residence; (ii) designed for assisting the handicapped; or (b) in dead storage on an "insured location". f. To "bodily injury" or 'property damage" arising out of: (1) the ownership, maintenance, use, loading or unloading of a watercraft described below; (2) the entrustment by an "Insured" of a watercraft described below to any person; or (3) vicarious liability, whether or not statutorily imposed, for the actions of a child or minor using a watercraft described below. Watercraft: (1) with inboard or inboard-outdrive motor power owned by an "insured"; (2) with inboard or inboard-outdrive motor power of more than 50 horsepower rented to an "insured"; (3) that are sailing vessels, with or without auxiliary power, 26 feet or more in length, owned by or rented to an insured"; (4) powered by one or more outboard motors with more than 25 total horsepower if the outboard is owned by an "insured"; or (5) designated as an airboard, air cushion, jet ski or similar type of craft. This exclusion does not apply while the watercraft is stored. To "bodily injury", "property damage" arising out of: (1) the entrustment by an "insured" of an aircraft to any person; (2) vicarious liability, whether or not statutorily imposed, for the actions of a child or minor using an aircraft. (3) the ownership, maintenance, use loading or unloading of an aircraft. An aircraft means any contrivance used or designed for flight, except model or hobby aircraft not used or designed to carry people or cargo. h. To any injury or damage caused directly or indirectly by war, including undeclared war, civil war, insurrection, rebellion, revolution, warlike act by a military force or military personal, destruction or seizure or use for military purpose, and including any consequence of any of these. Discharge of a nuclear weapon will be deemed a warlike act even if accidental. i. To "bodily injury" or "personal injury" which arises out of the transmission of a communicable disease by an "insured". This includes the transmission of the acquired immune deficiency syndrome (A.I.D.S.) virus by any means. j. To "bodily injury" or "personal injury" arising out of sexual molestation, corporal punishment or physical or mental abuse. g- HUD-CPL0001 (11/15) Page 4 of 11 Comprehensive Personal Liability Policy Part One k. To "bodily injury" or "personal injury" arising out of the use, sale, manufacture, delivery, transfer or possession by any person of a Controlled Substance(s) as defined by the Federal Food and Drug Law at 21 U.S.C.A. Sections 811 or 812. Controlled Substances include but are not limited to cocaine, LSD, marijuana and all narcotic drugs. However, this exclusion does not apply to the legitimate use of prescription drugs by a person following the orders of a licensed physician. I. To "bodily injury" or "property damage" or "expense" arising out of the existence or control of the hazardous properties of lead, Irrespective of the form or source of such lead. This exclusion applies, but is not limited to the following: (1) To liability assumed under any contract or agreement; (2) To any obligation to pay or indemnify any person, organization, or govemmental agency for any portion of the injury, damage, or "expense"; and (3) To any supervision, instructions, recommendations, requests, warranties or representations (express or implied), wamings, or advice given or which should have given regarding the existence or control of the lead. When used in this exclusion: (1) "Control" includes, but is not limited to: testing, monitoring, abatement, clean up, removal, containment, treatment or disposal. (2) "Expense" includes any expense, fine, penalty, or assessment. (3) "Form" means anything containing lead, including, but not limited to air, water, earth, dust, paint, plumbing solder, and pipes and fixtures. m. To "bodily injury" or "property damage" or "expense" arising out of: (1) Inhaling, ingesting, or prolonged physical exposure to asbestos, or goods or products containing asbestos; or (2) The use of asbestos in construction or manufacturing any goods, products or structure; or (3) The removal of. asbestos from any goods, products, or structure; or (4) The manufacture, transportation, storage, or disposal of asbestos or goods or products containing asbestos. When used in this exclusion, "expense" including any expense, fine, penalty, or assessment. n. (1) to "bodily injury" or "property damage" which would not have occurred in whole or part but for the actual, alleged or threatened discharge, dispersal, seepage, migration, release or escape of "pollutants" at any time. (2) To any loss, cost or "expense" arising out of any: (a) request, demand or order that any "insured" or others test for, monitor, clean up, remove, contain, treat, detoxify or neutralize, or in any way respond to, or assess the effects of "pollutants"; or (b) claim or suit by or on behalf of a governmentalauthority for damages because of testing for, monitoring, cleaning up, removing, containing, treating, detoxifying or neutralizing, or in any way responding to, or assessing the effects of "pollutant?. When used in this exclusion: (1) "pollutants" means any solid, liquid, gaseous, or thermal irritant or contaminant including smoke, vapor, soot, fumes, acid, alkalis, chemicals and waste. Waste includes material to be recycled, reconditioned or reclaimed. (2) "Expense" includes any expense, fine, penalty, or assessment. o. To "bodily injury" or "property damage" or "expense" arising from orcaused by exposure to or the existence of harmful levels or frequencies of electromagnetic radiation, irrespective of whether such electromagnetic radiation: (1) is naturally occurring or artificially created; (2) acted or is said to have acted in any sequence or combination with any other cause or causes of injury or damage; or HUD-CPL0001 (11115) Page 5 of 11 Comprehensive Personal Liability Policy Part One (3) contributes to or was contributed to by any other cause or causes of injury or damage. When used in this exclusion, "expense" includes any expense, fine, penalty, or assessment. p. To "bodily injury" or "property damage" or "expense" arising out of the existence or control of the hazardous properties of radon, irrespective of the source of such radon. This exclusion applies, but is not limited to the following: (1) To liability assumed under any contract or agreement; (2) To any obligation to pay or indemnify any person, organization, or governmental agency for any portion of ttie injury, damage, or "expense"; and (3) To any supervision, instructions, recommendations, requests, warranties or representations (express or implied), wamings, or advice given or which should have been given regarding the existence or control of the radon. When used this exclusion: (1) "Control" includes, but is not limited to, testing, monitoring, abatement, clean up, removal, containment, treatment or disposal. (2) "Expense" includes any expense, fine, penalty, or assessment. q. (1) "Bodily Injury", "Property Damage", or "Personal and Advertising Injury" arising out of, resulting from, or caused or contributed to by any fungus, mildew or mold or exposure to any fungus, mildew, or mold; or (2) The costs of abatement, mitigation, removal or deposal of any fungus, mildew or mold. (3) Any supervision, instructions, recommendations, wamings or advice given or which should have been given in connection with the above; and (4) Any obligation to share damages with or repay someone else who must pay damages because of such injury or damage, either in equity or in tort. (5) The duty to defend or pay sums which may be owed under the Supplementary Payments provisions of the policy. r. "Bodily Injury", Property Damage", or Personal and Advertising Injury arising from or related to "subsidence". (1) "Subsidence" includes but is not limited to: settling, expansion, sinking, slipping, falling away, caving in, shifting, eroding, rising, tilting, mud flow, or any other movement or land or earth including earthquake and landslide. Exclusions d., e., f., and g., do not apply to "bodily injury" to a "residence employee" arising out and in the course of the "residence employee's" employment by an "insured". 2. Coverage L — Personal Liability, does not apply; a. To liability: (1) for any loss assessment charged against you as a member of an association, corporation or community of property owners; (2) under any contract or agreement. However, this exclusion does not apply to written contracts: (a) that directly relate to the ownership, maintenance or use of an "insured location"; Or (b) where the liability of others is assumed by the "insured" prior to an "occurrence"; unless excluded in (1) above or elsewhere in this policy. HUD-CPL0001 (11115) Page 6 0111 Comprehensive Personal Liability Policy Part One b. To "property damage" to property owned by the "insured". c. To "property damage" to property rented to, occupied or used by or in the care of the "insured". This exclusion does not apply to "property damage" caused by fire, smoke or explosion. d. To °bodily injury" to any person eligible to receive any benefits: (1) voluntarily provided; or (2) required to be provided; by the "insured" under any: (1) worker's compensation law; (2) non -occupational disease law; or (3) occupational disease law. e. To "bodily injury' or "property damage" for which an "insured" under this policy: (1) is also an insured under a nuclear energy liability policy; or (2) would be an insured under that policy but for the exhaustion of its limit of liability. A nuclear energy liability policy is one issued by: (1) American Nuclear insurers; (2) Mutual Atomic Energy Liability Underwriters; (3) Nuclear Insurance Association of Canada; or any of their successors. f. To "bodily injury or 'personal injury" 10 you or an "insured" within the meaning of Part a. of "insured" as defined. g. To "personal injury": (1) arising out of oral or written publication of material, if done by or at the direction of the "insured" with knowledge of its falsity; (2) arising out of oral or written publication of material whose first publication took place before the beginning of the policy period; (3) arising out of violation of a penal statute or ordinance committed by or with the consent of an "insured"; or (4) for which the "insured" has assumed liability in a contract or agreement. 3. Coverage M — Medical Payments to Others, does not apply to "bodily injury: a. To a "residence employee" if the "bodily injury": (1) occurs off the "insured location"; and (2) does not arise out of or in the course of the "residence employee's" employment by an "insured". b. to any person eligible to receive benefits: (1) voluntarily provided; or (2) required to be provided; under any. (1) worker's compensation law; or (2) non -occupational disability law; or (3) occupational disease law. c. from any: (1) nuclear reaction; (2) nuclear radiation; or (3) radioactive contamination; all whether controlled or uncontrolled or however caused; or (4) any consequence of any of these d. to any person, other than a "residence employee" of an "insured", regularly residing on any part of the "insured location". HUD-CPL0001 (11/15) Page 7 of 11 Comprehensive Personal Liability Policy Part One ADDITIONAL COVERAGES 1. Claim Expenses. We pay: a. expenses we incur and costs taxed against an 'insured' in any suit we defend; b. premiums on bonds required in a suit we defend, but not for bond amounts more than the limit of liability for Coverage L. We need not apply for or fumish any bond; c. reasonable expenses incurred by an "insured" at our request, including actual Toss of earnings (but not loss of other income) up to $50 per day, for assisting us in the investigation or defense of a claim or suit; d. interest on the entire judgment which accrues after entry of the judgment and before we pay or tender or deposit in court that part of the judgment which does not exceed the limit of liability that applies. 2. First Ald Expenses. We will pay expenses for first aid to other incurred by an "insured" for "bodily injury" covered under this policy. We will not pay for first aid to you or any other "insured". 3. Damage to Property of Others. We will pay, at replacement costs, up to $500 per "occurrence" for "property damage" to property of others caused by an "insured". We will not pay for 'property damage": a. caused intentionally by an "insured" who is 13 years of age or older; b. to property owned by an "insured"; c. to property owned by or rented to a tenant of an "insured" or resident in your household; or d. arising out of: (1) a "business" engaged in by an "insured"; (2) any act or omission in connection with a premises owned, rented or controlled by an "insured", other than the "insured location"; or (3) the ownership, maintenance or use of aircraft, watercraft or motor vehicles or all other motorized land conveyances. This exclusion does not apply to a motorized land conveyance designed for recreational use off public roads, not subject to motor vehicle registration and not owned by an "insured". CONDITIONS 1. Limit of Liability a. Coverage L — Personal Liability (1) Our total liability under Coverage L. for all damages resulting from any one "occurrence" will not be more than the limit of liability of Coverage L as shown in the Declarations. This limit is the same regardless of the number of "insureds°, claims made or persons injured. (2) Our obligation under Coverage L to pay damages applies only to the amount of damages in excess of any deductible amount stated in the Declarations. The deductible amount applies to all damages because of: (a) "bodily injury", (b) "personal injury", (c) "property damage", or (d) any combination of "bodily injury", "personal injury", or "property damage" as the result of any one "occurrence", regardless of the number of persons or organizations who sustain damages because of the "occurrence". The terms of this insurance, including those with respect to: (a) our right and duty to defend any suits seeking those damages, and (b) your Duties After Loss. apply irrespective of the application of the deductible amount. We may pay any part or all of the deductible amount to effect settlement of any claim or suit and, upon HUD-CPL0001 (11/15) Page 8 of 11 Comprehensive Personal Liability Policy Part One notification of the action taken; you shall promptly reimburse us for such part of the deductible amount as has been paid by us. (3) All "bodily injury' or "property damage" resulting from any one accident or from continuous or repeated exposure to substantially the same general harmful conditions shall be considered to be the result of one "occurrence". All "personal injury" resulting from any one offense or series of related offenses shall be considered to be the result of one "occurrence". b. Our total liability under Coverage M for all medical expense payable for "bodily injury" to one person as the result of one accident will not be more than the limit of liability for Coverage M as shown in the declarations. 2. Severability of Insurance. This insurance applies separately to each "insured". This condition will not increase our limit of liability for any one "occurrence". 3. Duties After Loss. In case of an accident or "occurrence", the "insured" will perform the following duties that apply. You will help us by seeing that these duties are performed: a. give written notice to us or our agent as soon as is practical, which sets forth: (1) identity of the policy and "insured"; (2) reasonably available information on the time, place and circumstances of the. accident or "occurrence"; and (3) names and addresses of any claimants and witnesses; b. promptly forward to us every notice, demand, summons or other process relating to the accident or "occurrence"" c. at our request, help us: (1) to make settlement; (2) to enforce any right of contribution or indemnity against any person or organization who may be liable to an "insured"; (3) with the conduct of suits and attend hearings and trials; (4) to secure and give evidence and obtain the attendance of witnesses; d. under the coverage — Damage to Property of Others — submit to use within 60 days after the Toss, a sworn statement of loss and show the damaged property, if in the "insured's" control; e. the "insured" will not, except at the "insured's" own cost, voluntarily make payment, assume obligation or incur expense other than for first aid to others at the time of the "bodily injury". 4. Duties of an Injured Person — Coverage M — Medical Payments to Others. The injured person or someone acting for the injured person will: a. give us written proof of claim, under oath if required, as soon as is practical; and b. authorize us to obtain copies of medical reports and records. The injured person will submit to a physical examination by a doctor of our choice when and as often as we reasonably require. 5. Payment of Claim — Coverage M — Medical Payments to Others. Payment under this coverage is not an admission of liability by an "insured" or us. 6. Suit Against Us. No action can be brought against us unless there has been compliance with the policy provisions. No one will have the right to join us as a party to any action against an "insured". Also, no action with respect to Coverage L can be brought against us until the obligation of the "insured" has been determined by final judgment or agreement signed by us. 7. Bankruptcy of an Insured. Bankruptcy or insolvency of an "insured" or "insured's' estate will not relieve us of our obligations under this policy. HUD-CPL0001 (11/15) Page 9 of 11 Comprehensive Personal Liability Policy . Part One 8. Other Insurance — Coverage L — Personal Liability. This insurance is excess over other valid and collectible insurance except insurance written specifically to cover as excess over the limits of liability that apply in this policy. 9. Policy Period. This policy applies only to: a. °bodily injury" which occurs during the policy period. b. "property damage' which occurs during the policy period; or c. offenses described in the definition of "personal injury" which are committed during the policy period. 10. Subrogation. An `insured" may waive in writing before a loss all rights of recovery against any person. If not waived, we may require an assignment of rights of recovery for a Toss to the extent that payment is made by us. If an assignment is sought, an "insured" must sign and deliver all related papers and cooperate with us. Subrogation does not apply to Medical payments to Others or Damage to Property of Others. 11. Assignment. Assignment of this policy will not be valid unless we give our written consent. 12. Cancellation. a. You may cancel this policy by mailing to us written notice stating when thereafter the cancellation shall be effective. b. .We may cancel this policy by mailing you at the address shown in this policy written notice stating when such cancellation shall become effective. i. We will provide a minimum of ten (10) days' notice for cancellation for non-payment of premium. ii. For any reason other than described in b.i, we will provide a minimum of thirty (30) days' notice for cancellation. c. The mailing of notice aforesaid shall be sufficient proof of notice. The effective date and hour stated in the notice shall be the end of the policy period. Delivery of such written notice either by you or by us shall be the equivalent of mailing. d. If you cancel, earned premium shall be computed in accordance with the applicable short rate table and procedure (pro rata x .90). e. If we cancel, earned premium shall be calculated pro rata. f. Premium adjustment may be made eitherat the time cancellation is afforded or as soon as practicable after cancellation becomes effective, but payment or tender of uneamed premium is not a condition of cancellation. 13. Changes. This policy contains all the agreements between you and us regarding the insurance afforded. This policy's terms can be amended or waived only by endorsement issued by us and made a part of this policy. 14. Representations. By acceptance of this policy, you agree that the statements in the Declarations are your agreements and representations, that this policy is issued in reliance upon the truth of such representations, and that this policy contains all agreements existing between us and you relating to this insurance. 15. Premium: The premium for this policy is a flat charge determined in advance and is based on, the exposure declared in the application. Changes which occur after the inception of the policy, in the number of residential premises covered by the policy, will not affect the premium. HUD-CPL0001 (11/15) Page 10 of 11 Comprehensive Personal Liability Policy Part One IN WITNESS WHEREOF, We have caused this policy to be executed by our President and our Corporate Secretary at New York, New York President HUD-CPL0001 (11/15) Secretary Page 11 of 11 Endorsement No.: 1 This endorsement, effective: 11/07/2024 Forms a part of policy number: PXPL0046813-00 Issued to: GWENDOLYN JOHNSON By: Hudson Excess Insurance Company PUNITIVE OR EXEMPLARY DAMAGES EXCLUSION THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMPREHENSIVE PERSONAL LIABILITY in consideration of the premium charged, it is agreed that Coverage L — Personal Liability or Coverage M — Medical Payments does not apply to "punitive" or "exemplary" damages. As used in this exclusion, "punitive" or "exemplary" damages is defined by: 1. Damages in excess of the amount needed to compensate for "bodily injury" or "property damage." 2. imposed in order to punish or make example of you due to your particular, willful, or malicious character. 3. Damages awarded pursuant to statute in the form of double, treble, or other multiple damages in excess of compensatory damages. If suit is brought against you for a claim falling within coverage provided under the policy, seeking both compensatory and "punitive" or "exemplary" damages then we will afford a defense for such actions; however we will have no obligation to pay for any costs, interest, or damages attributable to punitive or exemplary damages. ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS SHALL REMAIN THE SAME. HUD-CPL0004 (08/11) Endorsement No.: 1 This endorsement, effective: 11/07/2024 Forms a part of policy number: PXPL0046813-00 Issued to: GWENDOLYN JOHNSON By: Hudson Excess Insurance Company ANIMAL & HUNTING EXCLUSION THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMPREHENSIVE PERSONAL LIABILITY EXCLUSIONS Section 1., is amended with the addition of the following: To "bodily injury", "property damage", "personal injury" or "medical payments" arising or resulting from, or caused or contributed to by: i. Any non -domesticated animal; ii. Any dog which: a. Has been trained for security purposes; b. Has been trained to fight other dogs; or c. Has a known malicious bite or attack history; iii. Any horse boarding or horse boarding activities for any horse that is not owned by an insured that takes place on any premises owned by, rented to, or controlled by any insured; iv. Any horse breeding or horse racing activities by an insured that takes place on any premises owned by, rented to, or controlled by any insured; or v. Any hunting or hunting -related activities conducted on any premises insured under the policy to which this endorsement is attached. F' For purposes of this endorsement, a "non -domesticated animal" means any wild animal, reptile or fowl which is not naturally tame or gentle, but is of a wild nature or disposition and which, because of its size, vicious nature or other characteristic(s) would constitute a danger to human life or property, including any animal that is a crossbreed with a non -domesticated animal ALL OTHER TERMS, CONDITIONS AND EXCLUSIONS SHALL REMAIN THE SAME. HUD-CPL0007 (01/22) Endorsement No.: 1 This endorsement is effective: 11/07/2024 Forms a part of policy number: PXPL0046813-00 Issued to: GWENDOLYN JOHNSON By: Hudson Excess Insurance Company EXCLUSION — ASSAULT AND/OR BATTERY This endorsement modifies insurance provided under the following: COMPREHENSIVE PERSONAL LIABILITY COVERAGE FORM It is agreed and understood that Coverages L & M do not apply to "bodily injury", "personal injury" or °property damage" for: A. Any claims arising out of an assault and/or a battery; or B. Any act or omission in connection with the prevention or suppression of such acts, whether caused by or at the instigation or direction of you, your "residence employees" or any other persons acting on your behalf; and C. Any claims, accusations or charges of negligent hiring, placement, training or supervision arising from any of the foregoing. We shall have no obligation to defend you, or any other insured, for any such Toss, claim or suit. ALL OTHER TERMS AND CONDITIONS REMAIN THE SAME. HUD-CPL0052 (04/23) By: Endorsement No.: 1 Thls endorsement, effective: 11/07/2024 Forms a part of policy number: PXPL0046813-00 Issued to: GWENDOLYN JOHNSON Hudson Excess Insurance Company PREMISES LIABILITY THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMPREHENSIVE PERSONAL LIABILITY SCHEDULE* Location* Number of Families* 1. 1437 NW 1ST PL #1 #3 #4, MIAMI, FL 33136 3 *Entries maybe left blank if shown elsewhere in this policy for this coverage. DEFINITIONS Definition 4. "Insured location" is extended to include the premises shown in the Schedule above. LIABILITY COVERAGES Coverage L — Personal Liability and Coverage M — Medical Payments To Others are restricted to apply only with respect to "bodily Injury" and "property damage" arising out of the ownership, maintenance, occupancy or use of the premises shown above. EXCLUSIONS Exclusion 1.B (2) does not apply to the premises shown in the Schedule. ALL OTHER TERMS, CONDITIONS; AND EXCLUSIONS REMAIN THE SAME. HUD-CPL0011 (11/15) Endorsement #: 1 This endorsement is effective: 11/07/2024 Forms a part of policy number: PXPL0046813-00 Issued to: GWENDOLYN JOHNSON By: Hudson Excess Insurance Company PRIVACY NOTICE THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMPREHENSIVE PERSONAL LIABILITY When you applied for this coverage you entrusted us with some private information about yourself. Like you, we are concerned with your privacy and its protection. As a result, we want you to be aware of our actions for protecting your privacy and about our rights and duties regarding recorded information about you. As our customer, we want you to know how we gather information, how we protect it, and how you can help ensure its accuracy. WHAT KIND OF INFORMATION IS COLLECTED ABOUT YOU. 1. In the request for insurance was private information supplied by you. In some instances it becomes required for us to obtain extra information. We use this information to confirm or add to the information given in you request. We gather this information from independent sources. These independent sources are often called consumer reporting agencies. 2. You have a right to access the information we have collected about you. Further, you have the right to make corrections with respect to all personal information contained in our files. Since, like you, we are concemed with the safety of your privacy, the information collected about you is kept confidential. 3. In some situations, private and other privileged information may be disclosed to certain parties. These parties include but are not limited to reinsuring companies and insurance claim. adjusters. 4. Some private information and other restricted information collected by us or our agents may, in some circumstances, be disclosed to certain parties, such as reinsuring companies or insurance claim adjusters needed to service your insurance account. This may be done without your authorization, as permitted or required by law. HUD-CPL0018 (08/11) Endorsement No: 1 This endorsement is effective: 11/07/2024 Forms a part of policy number: PXPL0046813-00 Issued to: GWENDOLYN JOHNSON By: HUDSON EXCESS INSURANCE COMPANY ACTION OVER EXCLUSION THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMPREHENSIVE PERSONAL LIABILITY POLICY It is understood and agreed that the policy is changed as follows: I. Under the DEFINITIONS section, definition 8. 'Residence Employees" is deleted and replaced with the following: 8. "Residence employee" means: a. an employee of an "insured" whose duties are related to the maintenance or use of the "residence premises" related to household or domestic services; or b. one who performs similar duties elsewhere not related to the "business" of an "insured". "Residence employee" does not include any person or entity retained by any "insured" or by any agent of any "insured" to make any alteration, including demolition or construction, at any "insured location". tl, Under EXCLUSIONS, 1. Coverage L — Personal Liability and Coverage M — Medical Payments to Others, the following exclusion is added: To "bodily injury" to: 1. An employee of any "insured" arising out of and in the course of employment by any "insured" or performing duties related to the conduct of the "insured's" "business"; or 2. An employee of any contractor or subcontractor of any "insured", arising out of or in the course of rendering or performing services of any kind for, or on behalf of, any insured"; or 3. The spouse, child, parent, brother, sister or other family member of that employee of any "insured", contractor or subcontractor as a consequence of paragraph (1) or (2)above. This exclusion applies: 1. Whether any "insured" may be liable as an employer or in any other capacity; 2. To any obligation to share damages with or repay someone else who must pay damages because of the injury; and, 3. Whether benefits are voluntarily provided or required to be provided under any workers' compensation, occupational disease or non -occupational disease law. This exclusion does not apply to "residence employees". III. Under EXCLUSIONS, 2. Coverage L— Personal Liability, exdusion a. 2. is deleted and replaced with the following: 2. under any contract or agreement. However, this exclusion does not apply to written contracts: a. that directly relate to the ownership, maintenance or use of an "insured location", except contracts for alteration, including demolition or construction, at any "insured location"; or b. where the liability of others is assumed by the "insured" prior to an "occurrence", except contracts for alteration, including demolition or construction, at any "insured location". IV. Under EXCLUSIONS, 2. Coverage L — Personal Liability, exclusion d. is deleted. HUD-CPL0044 (02/18) Paste 1 02 V. Under EXCLUSIONS, 3. Coverage M — Medical Payments to Others, exclusion b. is deleted. All other terms and conditions remain unchanged. HUD-CPL0044 (02/18) Page 2 of 2 Endorsement No: 1 This endorsement is effective: 11/07/2024 Forms a part of policy number; PXPL0046813-00 Issued to: GWENDOLYN JOHNSON By: HUDSON EXCESS INSURANCE COMPANY DEMOLITION EXCLUSION THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMPREHENSIVE PERSONAL LIABILITY POLICY It is understood and agreed that the policy is changed as follows: I. Under EXCLUSIONS; 1. Coverage L — Personal Liability and Coverage M — Medical Payments to Others, the following exclusion is added: To "bodily injury", "personal injury" or "property damage" arising from any and all demolition and demolition related activities conducted at any "insured location". For purposes of this endorsement, "demolition" means the dismantling, razing, destroying or wrecking of any building or structure or any part thereof. "Demolition" does not mean alterations to a structure which are cosmetic in nature and which do not affect the structural integrity of the structure or any part thereof. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. HUD-CPL0045 (02/18) Page 1 of 1 Endorsement No.: 1 This endorsement is effective: 11/07/2024 Forms a part of policy number: PXPL0046813-00 Issued to: GWENDOLYN JOHNSON By: Hudson Excess Insurance Company FUNGI, VIRUS OR BACTERIA EXCLUSION THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. COMPREHENSIVE PERSONAL LIABILITY POLICY EXCLUSIONS Section 1. Is amended to include: a. To "bodily Injury", "personal injury" or "property damage" which would not have occurred, in whole or in part, but for the actual, alleged or threatened inhalation of, ingestion of, contact with, exposure to, existence of, or presence of, any "fungi", `virus", bacteria or other microorganism, whether related, in any manner, to a declared or undeclared "epidemic or pandemic" that induces or is capable of inducing physical distress, illness or disease regardless of whether any other cause, event, material or product contributed concurrently or in any sequence to such injury or damage. i. This exclusion applies, whether or not due to the Insured's" negligence, unintentional act or wrongdoing in the: a. Abating, testing for, monitoring, clean up, removing, containing, treating, detoxifying, neutralizing, remediating or disposing of, or in any way responding to, or assessing the effects of, "fungi", "virus", bacteria or other microorganism, by any "insured" or by any other person or entity. b. Failure to provide any state or governmental mandated personal protective equipment; c. Failure to prevent the spread of the disease; d. Failure to report the disease to authorities; or e. Supervising, hiring, employing, training or monitoring of others, whether or not infected with and spread a communicable disease, by any "insured". This exclusion further applies to defense costs, fines and penalties related, in any manner, to the above. We shall have no duty to investigate, defend or settle any claim or suit related, in any manner, to the above. It is further understood that this insurance will not become excess of any reduced or exhausted aggregate limit of any other insurance as a result of claims, suits, demands, judgments or causes of action arising any way out of or in any way related to the above. HUD-CPL0051 (06/20) Page 1 of 2 DEFINITONS is amended to include the following: A. "Epidemic or pandemic" means an outbreak of an infectious disease transmissible from person to person (whether by direct contact with an affected individual, by casual contact with an affected person's secretions or objects touched by an affected person, by airbome means or by indirect means) that spreads and affects a significant proportion of a population, either geographically or globally. B. "Fungi" means any type or form of fungus, including mold or mildew and any mycotoxins, spores, scents or byproducts produced or released by fungi. C. "Virus" means any type of submicroscopic infectious agent that replicates only inside the living cells of an organism. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. HUD-CPL0051 (06/20) Page 2 of 2 Important Notice NOTICE TO FLORIDA POLICYHOLDERS In the event you should have a question, complaint or concern about your insurance policy you may contact Hudson Excess Insurance Company 100 William Street, 5th Floor New York, NY 10038 (866) 246-9945 or (212) 978-2800 www.hudsoninsgroup.com. FL PH Notice (9/2013) HUDSON INSURANCE GROUP Privacy Notice To Our Customers: You provide us with most of the information about you that we use in evaluating your application and servicing your insurance policy. We may collect non-public personal information about you from any of the following sources: Information from you on your application and other forms; Information about your transactions with Hudson Insurance Group, our affiliates or others; and information we receive from a consumer reporting agency. Depending on the nature of your coverage, we may collect information about you from third parties, such as other persons proposed for coverage under your policy or the State Motor Vehicle Department concerning your driving record. We do not disclose any non-public information about our customers or former customers to anyone, except (i) for our everyday business purposes such as to process insurance transactions, maintain and adjust claims, respond to court orders and legal investigations, or (ii) as otherwise permitted by law. In some cases this may mean information can be disclosed to third parties without your authorization. We restrict access to information about you to employees who need to know in order to provide you with products or to provide you benefits or services under them. We maintain physical, electronic, and procedural safeguards that comply with state and federal regulations to guard your non-public personal information. You have the right to obtain access to certain items of information we have collected about you. and you have the further right to request correction of information if you feel it is inaccurate. We would be pleased to tell you about our policies and procedures for the privacy of your information. For a copy of our privacy policy or to access your information, please contact us at: HLJDPN 2013 Hudson Insurance Group 100 WILLIAM STREET 5TH FLOOR, NEW YORK, NY 10038 Tel. (951) 278-5648 Fax. (951) 268-3399 www.hudsoninsgroup.com Important Notice IN COMPLIANCE WITH THE REQUIREMENTS OF THE FAIR CREDIT REPORTING ACT (PUBLIC LAW 91-508), HUDSON INSURANCE GROUP ADVISES THAT AS PART OF OUR ROUTINE PROCEDURE IN REVIEWING APPUCATIONS FOR INSURANCE OR RENEWALS OF INSURANCE POLICIES, WE MAY PROCURE A CONSUMER REPORT INCLUDING INFORMATION AS TO THE CONSUMER'S CHARACTER, GENERAL REPUTATION, PERSONAL CHARACTERISTICS OR MODE OF LIVING. IF SUCH INSURANCE 1S FOR AN INDIVIDUAL AND IS PRIMARILY FOR PERSONAL, FAMILY OR HOUSEHOLD PURPOSES, SUCH INFORMATION MAY BE OBTAINED THROUGH PERSONAL INTERVIEWS WITH NEIGHBORS, FRIENDS OR OTHERS WITH WHOM THE CONSUMER IS ACQUAINTED. UPON REQUEST TO THIS INSURANCE COMPANY, IN ANY MANNER AS NOTED ABOVE, WE WILL PROVIDE, IN WRITING, A COMPLETE AND ACCURATE DISCLOSURE OF THE NATURE AND SCOPE OF THE CONSUMER REPORT REQUESTED OR ADVISE THAT NO INVESTIGATION WAS CONDUCTED. Hudson Insurance Group consists of: Hudson Insurance Company Hudson Specialty Insurance Company Hudson Excess Insurance Company HUDPN 2013 PRIVACY POLICY Hudson Insurance Group does not disclose any nonpublic personal information about individual policyholders or claimants to any affiliate or any non -affiliate third party other than those permitted by law and only for the purpose of transacting the business of the policyholder's insurance coverage or claim. Hudson Insurance Group consists of: Hudson Insurance Company Hudson Specialty Insurance Company Hudson Excess Insurance Company HUDPP 2013 HUDSON EXCESS INSURANCE COMPANY (A New York Domiciled Corporation) Service of Suit Florida Endorsement In consideration of the premium paid, it is hereby understood and agreed that the following shall apply to: Policy Number PXPL0046813-00 Effective Date: 11/07/2024 Service of Suit — Florida It is hereby agreed by the Company and the Named Insured that: In the event of a failure by the Company to pay any amount claimed to be due under this policy, the Company will, at the Named Insured's request, submit to the jurisdiction of any court of competent jurisdiction within the United States of America and will comply with all requirements necessary to give the court jurisdiction. Nothing in this endorsement constitutes or should be understood to constitute a waiver of the Company's rights to commence an action in any court of competent jurisdiction in the United States, to remove an action to a United States District Court or to seek a transfer of a case to another court as permitted by the laws of the United States or of any state in the United States. In a suit instituted against the Company under this contract, the Company agrees to abide by the final decision of the court or of any appellate court in the event of an appeal. Pursuant to any statute of any state, territory or district of the United States of America which makes a provision therefore, the Company will designate the Superintendent, Commissioner or Director of Insurance or other officer specified for that purpose in the statute, or his successor or successors in office, as the Company's true and lawful attorney upon whom may be served any lawful process in any action, suit or proceeding instituted by or on behalf of the Insured or its beneficiary arising out of this contract of insurance. The officer named below is authorized and directed to accept service of process on the Company's behalf: SS -FL (9/09) Page 1 of 3 Chief Financial Officer Florida Department of Financial Services 200 E. Gaines Street Tallahassee, FL 32399-0300 Having accepted service of process on the Company's behalf, the officer is authorized to mail the process or a true copy to: Dina G. Daskalakis Hudson Excess Insurance Company Administrative Office 100 William Street, 5th Floor New York, NY 10038 All other policy terms and conditions shall remain the same. SS -FL (9/09) Page 2 of 3 SS -FL (9/09) Page 3 of 3 PXPL0046813-00, 1 HUDSON INSOIANCHA1014 COMPREHENSIVE PERSONAL LIABILITY APPLICATION Date: 11/10/2024 ProdUcer% information . Producer JOHNSON & JOHNSON INC, MGRS. Producer Ref.Number Address P.O. BOX 899 City CHARLESTON State SC Zip 29402 E-mail ana.guillotalkins.com Tel 727-576-1536 Fax 727-577-6673 Retell Agent's Information Retail Agent ASSUREAN, LLC Address 3350 SW 1413TH AVE STE 330 City MIRAMAR E-mail anazadpandc.com Slate FL Zip 33027 Tel (866) 682-5157 Fax Insured Name(s) Check if multiple name insureds: GWENDOLYN JOHNSON Malang Address Address 1437 NW 1ST PL #2 Strite/Apartmentadt City MIAMI State FL Zip 33136 POLICY Term Date From: To: 11/07/2024 11/07/2025 APPLICANT INFORMATION: Prior Occupation if Retired; Business Name If Setf-Employed Applicant's Occupation: RETIRED Co -Applicant% Occupation: ADMIN ASST HEALTH DEPT REQUESTED UMITS OF LIABILITY (Each occurrence): IDENTITY THEFT COVERAGE: MEDICAL PAYMENTS: PERSONAL CYBER LIABILITY: $100,000 $2,000,000 91 $30000 33.000.1100 $500,000 $4,000.900 31,000,000 $5,000,000 121 NONE $25,000 RI 51,000 82.000 SUMO ri NONE $25,000 359,000 Number of In servant —works Inside the home (CA Admitted Only): No workers comp. afforded Number of out servants — works outside the home (CA Admitted Only): No wafters comp. afforded HUD-CPL-P APP (06123) -1- PXPL0046B13-00, 1 SCHEDULED LOCATIONS Location Address-. Residence(s)Nacant Land (List only locations to be covered Usage Primary, Number Parcels, Units or Acres ant occupied ppl d ant Occup'red CaN) Pool? (YIN) Secondary, Seasonal, Rental, Vacant Land, # of panels including complete address) 1) 1437 NW 1ST PL #2, MIAMI, FL 33136 ,Primary 0 YES N 2) 1437 NW 1ST PL #1 #3 #4, MIAMI, FL 33136 Rental 3 NO N GENERAL INFORMATION: EXPLAIN ALL "YES" RESPONSES IN REMARKS Yes No Explanation for yes response 1) ' IS THE APPLICANT OR ANY RESIDENT OF THE APPLICANTS HOUSEHOLD CURRENTLY OR HAVE THEY AT ANY TIME HAD AN OCCUPATION AS AN ELECTED OR APPOINTED FEDERAL . X OR STATE POLITICAL FIGURE, PROFESSIONAL ATHLETE OR ; COACH, ENTERTAINER, MEDIA PERSONAUTY OR A SENIOR EXECUTIVE OFFICER OF A PUBUCALLY TRADED COMPANY? , 2) • - . ANY APPLICANT OR HOUSEHOLD MEMBER CONVICTED OF INSURANCE FRAUD (INELIGIBLE) AND OR A FELONY (REFERRAL)? PROVIDE EXPLANATION. X 3) ARE ANY APPLICANTS CURRENTLY INSURED WITH HUDSON INSURANCE GROUP? IF SO, PLEASE PROVIDE THE POUCY NUMBER(S). X •4) ANY DAYCARE ON PREMISE FOR WHICH COMPENSATION IS . . RECEIVED? X 5) , ANY BUSINESS ACTIVITIES OR SPECIAL EVENTS CONDUCTED ON PREMISE? - X 6) ANY UNDOMESTICATED ANIMALS IN THE HOUSEHOLD OR ANIMALS'WITH A BITE HISTORY. SECURITY TRAINING/FIGHTING OR AGGRESSIVE TENDENCIES? X 7) ANY LOCATIONS WITH UNFENCED POOLS OR REDUCED UMITS OF COVERAGE FOR POOLS DIVING BOARDS OR SLIDES? X • 8) • ANY LAND USED FOR HUNTING? . X ' 9) ANY OTHER UNDERWRITING INFORMATION OR EXPOSURES - THAT MAY INCREASE LIABILITY INCLUDING BUT NOT LIMITED TO VINEYARDS, SKATEBOARD RAMPS, BOAT DOCKS, BROKEN RAILINGS, STUDENT HOUSING OR HOMES OVER 6.000 SQUARE FEET ETC? • • X 10) • ANY FARMING' AT ANY LOCATIONS? IF FARMED BY INSURED RISK IS NOT ELIGIBLE. IF NOT FARMED BY INSURED, PROVIDE TYPE OF FARMING, AND CONFIRM PERSON FARMING THE LAND MAINTAINS $1 MIL GL FOR THEIR OPERATION. X 11) ANY LOCATIONS UNDERGOING CONSTRUCTION OR PLANS FOR CONSTRUCTION? X 12) ANY LOCATIONS OWNED BY AN LLC, TRUST OR ESTATE? X 13) IN THE PAST 5 YEARS HAS ANY COVERAGE BEEN DECUNED, CANCELLED OR NON -RENEWED? PROVIDE EXPLANATION. X HUD-CPL-P APP (06/23) -2- PXPL004S813-00,1 14) ANY PENDING LmGATION, OPEN CLAIMS OR CLOSED CLAIMS EXCEEDING $25,000, DURING THE LAST 5 YEARS? IF ' YES, PLEASE PROVIDE DATE, CLAIM STATUS, PAID/RESERVE ' AMOUNT AND DESCRIPTION OF THE CLAIM... X 15) ANY OTHER UNDERWRITING INFORMATION OF WHICH THE COMPANY SHOULD BE AWARE? X HUD-CPL-P APP (06/23) November 26, 2024 To Whom It May Concem: This letter is in reference to the insurance required for the production of the repairs for property located at 1437 NW First Place, Miami, FL 333136. We do not believe that the automobile insurance and workers compensation requirement should apply to this project. There will be no company vehicles used throughout the duration of this project, nor will there be additional employees that require workers compensation. If you have questions or concems, please do not hesitate to contact me at 305 372-1284 or 786 846-7616. Best regards, Gwendolyn Johnson Property Owner INSURANCE REQUIREMENTS FOR A CERTIFICATE OF INSURANCE-1437 NW 1ST PLACE RENOVATIONS CONSTRUCTION PHASE I. Commercial General Liability A. Limits of Liability Bodily Injury and Property Damage Liability Each Occurrence $1,000,000 General Aggregate Limit $ 2,000,000 Products/Completed Operations $ 1,000,000 Personal and Advertising Injury $1,000,000 B. Endorsements Required City of Miami & OMNI CRA listed as an additional insured Contingent and Contractual Liability Premises and Operations Liability Explosion, Collapse and Underground Hazard Primary Insurance Clause Endorsement IV. Business Automobile Liability A. Limits of Liability Bodily Injury and Property Damage Liability Combined Single Limit Any Auto Including Hired, Borrowed or Non -Owned Autos Any One Accident $ 1,000,000 B. Endorsements Required City of Miami & OMNI CRA listed as an Additional Insured V. Worker's Compensation Limits of Liability Statutory -State of Florida Waiver of subrogation Employer's Liability B. Limits of Liability $1,000,000 for bodily injury caused by an accident, each accident. $1,000,000 for bodily injury caused by disease, each employee $1,000,000 for bodily injury caused by disease, policy limit Page 46 of 54 IV. Umbrella Policy A. Limits of Liability Bodily Injury and Property Damage Liability Each Occurrence Aggregate $2,000,000 $2,000,000 City of Miami & OMNI CRA listed as an additional insured Excess Follow Form over all applicable liability policies contained herein V. Owners & Contractor's Protective Each Occurrence $1,000,000 General Aggregate $1,000,000 City of Miami & OMNI CRA listed as named insured VI. Payment and Performance Bond $600,000 City of Miami & OMNI CRA listed as an Obligee VII. Builder's Risk/Installation Floater Causes of Loss: All Risk of Direct Physical Damage or Loss Valuation: Replacement Cost Deductibles: 5% Wind, Hail, and Flood, $25,000 AOP Coverage Extensions included City of Miami & OMNI CRA listed as an additional insured and loss payee The above policies shall provide the City of Miami with written notice of cancellation or material change from the insurer not less than (30) days prior to any such cancellation or material change, or in accordance to policy provisions. Companies authorized to do business in the State of Florida, with the following qualifications, shall issue all insurance policies required above: The company must be rated no less than "A-" as to management, and no less than "Class V" as to Financial Strength, by the latest edition of Best's Insurance Guide, published by A.M. Best Company, Oldwick, New Jersey, or its equivalent. All policies and /or certificates of insurance are subject to review and verification by Risk Management prior to insurance approval. Page 47 of 54 A ?7 CERTIFICATE OF LIABILITY INSURANCE 02►19/2025 D .. THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER REEL INSURANCE AGENCY DBA COVER ALL INSURANCE 5800 W ATLANTIC BLVD MARGATE, FL 33063 CONTACT NAME: PHONE F,rt).(954) 956-0006 Fax NO (954) 956-0555 E-MAIL REELINSURANCE@YAHOO.COM INSURER(S) AFFORDING COVERAGE NAIC # INSURER A: GOTHAM INSURANCE COMPANY 25569 INSURED POINCIANA DEVELOPMENT GROUP INC 250 95th St #6228 Surfside FL 33154 INSURER B : BERKSHIRE HATHAWAY DIRECT INS CO 10391 INSURER c : INFINITY ASSURANCE INSURANCE COMPANY 39497 INSURER D : EVANSTON INSURANCE COMPANY 35378 INSURER E : INSURER F : COVERAGES CERTIFICATE NUMBER: REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS ., CERTIFICATE MAY BE ISSUED OR MAY PERTAIN; THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR LTR TYPE OF INSURANCE ADDL iNsn SUBR INVn POLICY NUMBER POLICY EFF , (MM/DD/YYYY) POLICY EXP (MM/DD/YYYYI LIMITS X COMMERCIAL GENERAL LIABILITY Y GL202500028433 01/16/2025 01/16/2026 EACH OCCURRENCE $ 1,000,000 CLAIMS -MADE X OCCUR RENTA PRFFMMIGSFSO ncri name) $100,000 $ 5,000 x Dedt: $500 Per Occurrence MED EXP (Any one person) PERSONAL & ADV INJURY. $ 1,000,000 GENL RPOLICY AGGREGATE OTHER: LIMIT APPLES PER: T LOC GENERAL AGGREGATE $2,000,000 PRODUCTS - COMP/OP AGG $ 2,000,000 $ C AUTOMOBILE _ X LIABILITY ANY AUTO ALL OWNED AUTOS HIRED AUTOS X X SCHEDULED AUTOS NAUTONOS-OWNED Y 509-82006-1110-001 07/01/2024 07/01/2025 COMBINED SINGLE LIMIT (Fa accidanf) $1 000 000 , , BODILY INJURY (Per person) $ BODILY INJURY (Per accident) $ PROPERTY DAMAGE (Per aecirient� $ UNINSURED MOTOR. $10K/20K D X UMBRELLA LIAR EXCESS UAB X OCCUR CLAIMS -MADE Y EZXS3186546 01/16/2025 01/16/2026 EACH OCCURRENCE $ 3,000,000 AGGREGATE - $ 3,000,000 DED RETENTION$ $ B WORKERS COMPENSATION AND EMPLOYERS' LIABILITY OFFICER/ME BER EXCLUDEANY D? ECUTIVE (Mandatory In NH) if yes, describe under DESCRIPTION OF OPERATIONS below YN N / A N9WC387847 11/12/2024 - 11/12/2025 PER I tTF X OTRH- E.L. EACH ACCIDENT $ 1,000,000 E.L DISEASE - EA EMPLOYEE $ 1,000,000 E.L. DISEASE - POLICY LIMIT $1,000,000 DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached If more space Is required) General Contractor LINDA FORREST is covered under insurance policies, License# CGC049650 and License# CCC1335944 PROJECT ADDRESS: :1437 NW 1ST PLACE RENOVATIONS City of Miami & OMNI CRA listed as an Additional Insured per written contract on General Liability . Waiver of Subrogation applies in favor of additonal insureds per written contract. Coverage is primary & non-contributory basis. Excess Follow Form over all applicable liability policies contained herein. CERTIFICATE HOLDER CANCELLATION OMNI CRA 1401 N Miami Ave Miami FI 33136 !Email - Iindaforrest27@outlook.com SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE <DA> ACORD 25 (2014/01) © 1988-2014 ACORD CORPORATION. All rights reserved. The ACORD name and logo are registered marks of ACORD A`o - CERTIFICATE OF LIABILITY INSURANCE 02DATE( MI DnYYY) 5 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER REEL INSURANCE AGENCY DBA COVER ALL INSURANCE 5800 W ATLANTIC BLVD MARGATE, FL 33063 CONTACT NAME: (Air N , f).(954).956-0006 F"-No);(954) 956-0555 ADORFss. REELINSURANCE@YAHOO.COM INSURER(S) AFFORDING COVERAGE NAIC # INSURER A: GOTHAM INSURANCE COMPANY 25569 INSURED POINCIANA DEVELOPMENT GROUP INC 250 95th St #6228 Surfside FL 33154 INSURER e : BERKSHIRE HATHAWAY.DIRECT INS CO 10391 INSURER C : INFINITY ASSURANCE INSURANCE COMPANY 39497 INSURER D : EVANSTON INSURANCE COMPANY 35378 INSURER E : - INSURER F : COVERAGES CERTIFICATE NUMBER:. REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED.ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. IP LTR, TYPE OF INSURANCE INSo SWvo POLICY NUMBER (MUBR M/DDYIYYYY) (MFF M POLICY LIMITS A X COMMERCIAL GENERAL LIABILITY Y GL202500028433 01/16/2025 01/16/2026 EACH OCCURRENCE $1,000,000 CLAIMS -MADE X OCCUR PRA M SFSGEO REnNrc rr nre) .$100,000 x Dedt: $500 Per Occurrence MED FRCP (Any one person) $ 5,000 • PERSONAL & ADV INJURY $1,000,000 vGENI'L HIPOLICY AGGREGATE OTHER: LIMIT APPLIES PER: ❑ PROJECT ❑ LOC GENERAL AGGREGATE $ 2,000,000 PRODUCTS - COMP/OP AGG $ 2,000,000 $ C AUTOMOBILE — _ — X LIABILITY ANY AUTO ALL OWNED AUTOS HIRED AUTOS X _ X SCHEDULED . AUTOS NON-OTOSWNED AU Y 509-82006-1110-001 07/01/2024 07/01/2025 COMBINED SINGLE LIMIT (Ea accident) - $1,000,000 BODILY INJURY (Per person) $" BODILY INJURY (Per accident) $ PROPERTY DAMAGE (Per accident) $ UNINSURED MOTOR. $10K/20K D X UMBRELLA LIAR EXCESS [JAB X OCCUR CLAIMS -MADE Y EZXS3186546 01/16/2025 01/16/2026 EACH OCCURRENCE $ 3,000,000 AGGREGATE $ 3,000,000 DED . I I RETENTION $ . $ B WORKERS COMPENSATION EMPLOYERS' LIABIUTY OFFICER/MEMBEANY RPE�UDEED ECUTIVE (Mandatory In NH) If yes, describe under DESCRIPTION OF OPERATIONS below YYN - N/A N9WC387847 11/12/2024 11/12/2025 RTATIITF X FR !MUTT E.L. EACH ACCIDENT $1,000,000 E.L. DISEASE - EA EMPLOYEE $1,000,000 E.L. DISEASE - POLICY LIMIT $1,000,000 DESCRIPTION OF OPERATIONS 1 LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached If more space 1s required) General Contractor LINDA FORREST is covered under insurance policies, License# CGC049650 and License# CCC1335944 PROJECT ADDRESS: :1437 NW 1ST PLACE RENOVATIONS City of Miami & OMNI CRA listed as an Additional Insured per written contract on General Liability : Waiver of Subrogation applies in favor of additonal insureds per written contract. Coverage is primary & non-contributory basis. Excess Follow Form over all applicable liability policies contained herein. CERTIFICATE HOLDER CANCELLATION City of Miami 444 SW 2 Ave Miami FI 33128 building@miamigov.com Email - Iindaforrest27@outlook.com SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE <SR> ACORD 25 (2014/01) © 1988-2014 ACORD CORPORATION. All rights reserved. The ACORD name and logo are registered marks of ACORD COMMERCIAL GENERAL LIABILITY GL. 0687 0822 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ iT CAREFULLY. CONTRACTOR, SUBCONTRACTOR OR INDEPENDENT CONTRACTOR CONDITIONAL COVERAGE LIMITATION This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE Minimum General Aggregate Limit (Other Than Products/Completed Operations): $ 1,000,000 • Minimum Products/Completed Operations Aggregate Limit: $1,000,000 Minimum Each Occurrence Limit: $1,000,000 A. The following is added to Section IV — Commercial General Liability Conditions: Contractor, Subcontractor Or Independent Contractor Coverage Requirement The Insured must require, obtain and maintain a certificate of insurance from any contractor, subcontractor or independent contractor that performs work for or on behalf of the insured, prior to the commencement of any such work by that contractor, subcontractor or independent contractor. The certificate of insurance must evidence that: a. The contractor, subcontractor or independent contractor cartes Commercial General Liability insurance with limits that are equal to or greater than the limits shown in the Schedule above; and b. The insured is named as an additional insured on the Commercial General Liability Insurance carried by the contractor, subcontractor or independent contractor. If no limits are shown in the Schedule above, then the limits carried by the contractor, subcontractor or independent contractor must be equal to or greater than the limits shown in the Declarations for this coverage part. B. If all of the conditions of the Contractor, Subcontractor Or Independent Contractor Coverage Requirement condition are not met at the time of an °occurrence' or offense, the following is added to Section Ili — Limits Of insurance and will apply to such "occurrence' or offense: Subject to Paragraph 2. of Section III — Limits Of Insurance, $100,000 Is the most we will pay for the sum of all: a. Damages under Coverage A; b. Damages under Coverage B; c. Medlcai expenses under Coverage C; d. Loss adjustment expenses; e. Supplementary Payments; and f. Defense costs; GL 0687 0822 ® 2022 Coaction Spedalty Insurance Group, Inc. Page 1 of 2 includes copyrighted material of Insurance Services Office, Inc., with Its permission because of all °bodily Injury', 'property damage' and °personal and advertising injury" arising out of any one 'occurrence' or offense involving a contractor, subcontractor or Independent contractor for which the insured failed to comply with the Contractor, Subcontractor Or independent Contractor Coverage Requirement condition. Once this limit is exhausted, we are no longer obligated to defend or Indemnify the insured for any claim or 'suit° alleging such 'bodily injury°, 'property damage' or °personal and advertising injury'. Aii other terms and conditions remain unchanged. GL 0887 0822 ©2022 Coactton Specialty Insurance Group, Inc. Page 2 of 2 Includes copyrighted material of Insurance Services Office, Inc., with its permission EXHIBIT "K" ANTI -HUMAN TRAFFICKING AFFIDAVIT er Page 48 of 54 ANTI -HUMAN TRAFFICKING AFFIDAVIT 1. The undersigned affirms, certifies, attests, and stipulates as follows: a. The entity is a non-govemmental entity authorized to transact business in the State of Florida and in good standing with the Florida Department of State, Division of Corporations. b. The nongovernmental entity is either executing, renewing, or extending a contract (including, but not limited to, any amendments, as applicable) with the City of Miami ("City") or one of its agencies, authorities, boards, trusts, or other City entity which constitutes a governmental entity as defined in Section 287.138(1), Florida Statutes (2025). c. The nongovernmental entity is not in violation of Section 787.06, Florida Statutes (2025), titled "Human Trafficking." d. The nongovernmental entity does not use "coercion" for labor or services as defined in Section 787.06, Florida Statutes (2025), attached and incorporated herein as Exhibit Affidavit-1. 2. Under penalties of perjury, I declare the following: a. I have read and understand the foregoing Anti -Human Trafficking Affidavit and that the facts, statements and representations provided in Section 1 are true and correct. b. I am an officer or a representative of the nongovernmental entity authorized to execute this Anti - Human Trafficking Affidavit. Nongovernmental Entity: j%e'/- JD) fair i /( Z.Q' 1 Tv_ Name: L / /a Y /j 4 I `/q �J /OK Officer Title: (v /' /1. Signature of Officer: Office Address: 233 D v 1-3 / c:c":227Lii L$ C E 33 &s 6' /C K /,L°,� 3°s 6 2) 75Y� Email Address. � Main Phone Number: FEIN No. / / / / STATE OF FLORIDA COUNTY OF MIAMI-DADE The foregoing instrument was sworn to and subscribed before me by means of j1� physical presence or O online notarization, this '2 day of ►L_;.� by LIMO Uzi b0-( , as the authorized officer or representative for the nongovernmental entity.. He/she is personall • known to or has produced as identification. (NO' AK}?R:k',ist3Li SEAL) • FRANCES LLOP•NOY 6uin * MY COMMISSION # HH 389636 '' EXPIRES: August 21, 2027 , My Commission Expires: Signaltn'e of Person Taking Oath (Printed,t`T� , or Stamped Nalne of Notary Public) ANTI -HUMAN TRAFFICKING AFFIDAVIT 1. The undersigned affirms, certifies, attests, and stipulates as follows: a. The entity is a non -governmental entity authorized to transact business in the State of Florida and in good standing with the Florida Department of State, Division of Corporations. b. The nongovernmental entity is either executing, renewing, or extending a contract (including, but not limited to, any amendments, as applicable) with the City of Miami ("City") or one of its agencies, authorities, boards, trusts, or other City entity which constitutes a governmental entity as defined in Section 287.138(1), Florida Statutes (2025). c. The nongovernmental entity is not in violation of Section 787.06, Florida Statutes (2025), titled "Human Trafficking." d. The nongovernmental entity does not use "coercion" for labor or services as defined in Section 787.06, Florida Statutes (2025), attached and incorporated herein as Exhibit Affidavit-1. 2. Under penalties of perjury, I declare the following: a. I have read and understand the foregoing Anti -Human Trafficking Affidavit and that the facts, statements and representations provided in Section 1 are true and correct. b. I am an officer or a representative of the nongovernmental entity authorized to execute this Anti - Human Trafficking Affidavit. Nongovernmental Entity: i w-►�` ti Name: 0 i e ild o kp t L S o h r1 S O r— Officer Title: Signature of Officer: Office Address: Pi 3 - fV . L O , 1' P( 17-, U-r�, , L 33 / 3 NJ\ Email Address: L. l a��-,�� �o has ate Main Phone Number: Z to ' t/ (,..,,') (.c '1 lgg�c3�n,� I .LGirl FEIN No. / - /!41 .4 / / / STATE OF FLORIDA COUNTY OF MIAMI-DADE The foregoin instrument was sworn to and subscribed before me by means of 14 physical presence or O online notarization, this day of b4Watete4JLTAN,Athe authorized officer or representative for the nongovernmental entity.. He/she is personally known pie or has produced as identification. Tait ;Y UBLIC SEAL) aks '?c." FRANCES LLOP-NOY r a MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 'Of FLU' ASIMAL My Commission Expires. Signature of Person '16king Oath 3Yav✓JA L►t-i (Printed, Typed, or Stamped Name Notary Public) EXHIBIT "L" BENEFICIAL INTEREST AND DISCLOSURE AFFIDAVIT Page 49 of 54 BENEFICIAL INTEREST AND DISCLOSURE OF OWNERSHIP AFFIDAVIT 1. This Affidavit is submitted to the OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY, a Public Agency and Body Corporate created pursuant to Section 163.356, Florida Statutes, whereupon the undersigned authority, personally appeared, Gwendolyn L. Johnson and Gloria Taylor, as Co -Trustees ("Trustee") of the Overtown Family Land Trust, a Florida Land Trust, whose mailing address is 1437 NW 1s` Place, Miami, FL 33136, subject to the penalties prescribed for perjury, deposes and says: 2. The Corporate Representatives have read the contents of this Affidavit, have actual knowledge of the facts contained herein, and states that the facts contained herein are true, correct, and complete. 3. The following is a list of every "person" (as defined in Section 1.01(3), Florida Statues to include individuals, children firms, associates, joint ventures, partnerships, estates, trusts, business trusts, syndicates, fiduciaries, corporations and all other groups and combinations) as of the date hereof holding 5% or more of the beneficial interest in the disclosing entity: (If more space is needed, attach separate sheet): Jeneen J. Johnson, Darryl Johnson, Katrina Johnson, Lamar Johnson, Jerome Johnson, and Jerard Johnson. 4. This affidavit may be signed in several counterparts, each of which shall be an original and all of which together shall constitute but one and the same document binding on all of the parties, notwithstanding that not all of the parties have signed the same affidavit. Any signature delivered by a party by facsimile, email or other electronic transmission shall be deemed to be an original signature to this affidavit. IN WITNESS WHEREOF, the undersigned has hereunto set its hand as of the day and year first above written. OVERTOWN FAMILY LAND TRUST, a Florida Land Trust By: Print Name: Gwendolyn L. Johnson Title: Co -Trustee By: Print Name: Gloria Tylor Title: Co -Trustee Page 1 of 2 ACKNOWLEDGMENT STATE OF FLORIDA ) COUNTY OF MIAMI-DADE ) THE FOREGOING INSTRUMENT was acknowledged before me by means of physical presence or ❑ online notarization, on this a- -4" day of M. , 2026 by Gwendolyn L. Johnson, as Co - Trustee of the Overtown Family Land Trust whd is personally known to me or who produced a as identification My Commission Expires: N.• FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signature of Notary Public, State of Florida �T ibv>Uuf -N'v] Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledged before me by means of L 1 physical presence or ❑ online notarization, on this 2-1— day of tV , 2026 by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust who is pef sonally known to me or who produced a as identification. My Commission Expires: FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 4 Signature of Notary Public, State of Florida Fan (-60 LIOT— 0/ Printed Name of Notary Public Page 2 of 2 EXHIBIT "M" CONFLICT OF INTEREST DISCLOSURE AFFIDAVIT Page 50 of 54 CONFLICT OF INTEREST DISCLOSURE AFFIDAVIT CHAPTER 112, FLORIDA STATUTES THIS FORM MUST BE SIGNED AND SWORN TO IN THE PRESENCE OF A NOTARY PUBLIC OR OTHER OFFICIAL AUTHORIZED TO ADMINISTER OATHS. The undersigned, being first duly sworn, states: 1. The full legal name and principal address of the person or entity contracting or transacting business with the City of Miami is: OVERTOWN FAMILY LAND TRUST, 1347 NW 1st Avenue, Miami, Florida 33136 2. The Trust is formed as a: Florida Land Trust. 3. The Trust was formed or incorporated in the following year and state: April 8, 2024. 4. The Trust is registered in the following state(s): Florida. 5. FOR LAND TRUST: A. The following trustees, advisory board members or purchasing agents of the City or their spouses or children are officers or directors of the corporation: NONE B. The following trustees, advisory board members or purchasing agents of the City or their spouses or children or any combination thereof hold directly or indirectly more than 5% but less than 10% ownership in the corporation's stock: NONE C. The following trustees, advisory board members or employees of the City or their spouses, children or parents hold directly or indirectly 10% or more of the ownership in the corporation's stock: NONE D. The following trustees, advisory board members or employees of the City are employees of or in a contractual relationship with the corporation: NONE 6. This affidavit may be signed in several counterparts, each of which shall be an original and all of which together shall constitute but one and the same document binding on all of the parties, notwithstanding that not all of the parties have signed the same counterpart. Any signature delivered by a party by facsimile, email or other electronic transmission shall be deemed to be an original signature to this affidavit. [SIGNATURES CONTINUED] Page 1 of 2 OVERTOWN FAMILY LAND TRUST, a Florida Land Trust By: Print Name: Gloria l'aylor Title: Co -Trustee By:4 Print Name: Gwendolyn . Jo son Title: Co -Trustee STATE OF FLORIDA ) ) SS: COUNTY OF MIAMI-DADE ) THE FOREGOING INSTRUMENT was acknowledged before me by means of %physical presence or ❑ online notarization, on this day of ! 1 , 2026 by Gwendolyn L. Johnson, as Co - Trustee of the Overtown Family Land Trust who is personally known to me or who produced a as identification. My Commission Expires: Signer of Notary Public, State of Florida FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 ran (A —Nam Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledgedRbefore me by means of C physical presence or ❑ online notarization, on this 2 f day of I YIA I , 2026 by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust who is personally known to me or who produced a as identification. My Commission Expires: FRANCES LLOP•NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signature of Notary Public, State of Florida Printed Name of Notary Public Page 2 of 2 EXHIBIT "N" CERTIFICATE REGARDING LOBBYING Page 51 of 54 CERTIFICATION REGARDING LOBBYING Certification for Contracts, Grants, Loans, and Cooperative Agreements The undersigned certifies to the best of his or her knowledge and belief, that: (1) No appropriated funds have been paid, or will be paid, by or on behalf of the undersigned, to any person for influencing or attempting to influence an officer or employee of an agency a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with the awarding of any contract, the making of any grant, the making of any loan, the entering into of any cooperative agreement, and the extension, continuation, renewal, amendment, or modification of any contract, grant, loan, or cooperative agreement. (2) If any funds other than appropriated funds have been paid to any person for influencing or attempting to influence an officer or employee of any agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with this contract, grant, loan, or cooperative agreement, the undersigned shall complete and submit Standard Form-LLL, "Disclosure Form to Report Lobbying," in accordance with its instructions. (3) These undersigned shall require that the language of this certification be included in the award documents for "All" sub -awards at all tiers (including subcontracts, sub -grants, and contracts under grants, loans, and cooperative agreements) and that all sub -recipients shall certify and disclose accordingly. This certification is a material representation of fact upon which reliance was placed when this transaction was made or entered into. Submission of this certification is a pre -requisite for making or entering into this transaction imposed by Section 1352, Title 31, U.S. Code. Any person who fails to file the required certification shall be subject to a civil penalty of not less than $10,000 and not more than $100,000 for each such failure. OVERTOWN FAMILY LAND TRUST, a Florida Land Trust By: Print Name: Gloria Taglor Title: Co -Trustee By: Print Name: Gwendolyn L.'Johnson Title: Co -Trustee * Note if applicable: In these instances, "All" in the Final Rule is expected to be clarified to show that it applies to covered contract/grant transactions over $100,000 (per QMB). EXHIBIT "0" CERTIFICATION REGARDING DEBARMENT, SUSPENSION & OTHER RESPONSIBILITY MATTERS PRIMARY COVERED TRANSACTIONS Page 52 of 54 ' CERTIFICATION REGARDING DEBARMENT, SUSPENSION & OTHER RESPONSIBILITY MATTERS PRIMARY COVERED TRANSACTIONS 1. The Undersigned certifies to the best of its knowledge and belief, that it and its principals: a Are not presently debarred, suspended, proposed for debarment, and declared ineligible, or voluntarily excluded from covered transactions by any Federal department or agency. b. Have not within a three-year period preceding this proposal been convicted of or had a civil judgement rendered against them for commission of fraud or a criminal offense in connection with obtaining, attempting to obtain, or performing a public (Federal, State, or local) transaction or contract under a public transaction; violation of Federal or State antitrust statutes or falsification or destruction of records, making false statements, or receiving stolen property; c. Are not presently indicted for or otherwise criminally or civilly charged by a government entity (Federal, State, or local) with commission of any of the offenses enumerated in paragraph 1.b of this certification; and d Have not within a three-year period preceding this application/proposal had one or more public transactions (Federal, State, or local) terminated for cause or default. 2. Where the prospective primary participant is unable to certify to any of the statements in this certification, such prospective participant shall submit an explanation to the City of Miami. Authorized Representative Signature: OVERTOWN FAMILY LAND TRUST, a Florida Land Trust By: Print Name: Gwendolyn L. Johnson Title: Co -Trustee By: Print Name: Gloria 4or Title: Co -Trustee Date: Date: 0512712o24, 051 21 [207,(e STATE OF FLORIDA ) ) SS: COUNTY OF MIAMI-DADE ) THE FOREGOING INSTRUMENT was acknowledged before me by means of physical presence or 0 online notarization, on this day of WI 1 , 2026 by Gwendolyn L. Johnson, as Co - Trustee of the Overtown Family Land Trust who is personally known to ine or who produced a as identifications My Commission Expires: FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signat of NotaryPublic, State of Florida u Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledged before me by means of 46 physical presence or ❑ online notarization, on this 2 f day of MAI , 2026 by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust who is personally known to men or who produced a as identificatio My Commission Expires: Signa ire of Notary Public, State of Florida FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Frio/oos L(019 -elm Printed Name of Notary Public SWORN STATEMENT PURSUANT TO SECTION 287.133(3)(A). FLORIDA STATUTES ON PUBLIC ENTITY CRIME THIS FORM MUST BE SIGNED AND SWORN TO IN THE PRESENCE OF A NOTARY PUBLIC OR OTHER OFFICIAL AUTHORIZED TO ADMINISTER OATHS. 1. This sworn statement is submittedto Omni Redevelopment District Community Redevelopment Agency by Gwendolyn L. Johnson and Gloria Taylor (Print this individual's name and title) for Overtown Family Land Trust (Print name of entity submitting statements) whose business address is 1437 NW 1" Place, #2, Miami, Florida 33136 and if applicable is Federal Employer Identification Number (FEIN) is If the entity has no FEIN, include the Social Security Number of the individual signing this sworn Statement: 2. I understand that a "public entity crime" as defmed in paragraph 287.133(1)(a), Florida Statutes, mean a violation of any state or federal law by a person with respect to and directly related to the transactions of business with any public entity or with an agency or political subdivision of any other state or with the United States including, but not limited to any bid or contract for goods or services to be provided to any public entity or any agency or political subdivision of any other state or of the United States and involving antitrust, fraud, theft, bribery, collusion, racketeering, conspiracy, or material misrepresentation. 3. I understand that "convicted" or "convection" as defmed in Paragraph 287.133(1)(b), Florida Statutes means a fmding of guilt or a conviction of a public entity crime, with or without adjudication of guilt, in any federal or state trial court of record relating to charges brought by indictment or information after July 1, 1989, as a result of a Jury verdict, nonjury trial, or entry of a plea of Uuilty or nolo contendere. 4. I understand that an "affiliate" as defmed in paragraph 287.133(1)(a), Florida Statutes, means: 1. A predecessor or successor of a person convicted of public entity crime; or 2. An entity under the control of any natural person who is active in the management of the entity and who has been convicted of a public entity crime. The term "affiliate" includes those officers, directors, executives, partners, shareholders, employees, members, and agents who are active in the management of an affiliate. The ownership by one person of shares constituting a controlling interest in another person, or a pooling of equipment or income among persons when not for fair market value under an arm's length agreement, shall be a prima facie case that one person controls another person. A person who knowingly enters into a joint venture with a person who has been convicted of a public entity crime in Florida during the preceding 36 months shall be considered an affiliate. 5. I understand that a "person" as defined in Paragraph 287.133(1)(e), Florida Statutes, means any natural person or entity organized under the laws of any state or of the United States with the legal power to enter into a binding contract and which bids or applies to bid on contracts for the provision of goods or services let by a public entity, or which otherwise transacts or applies to transact business with a public entity. The term "person" includes those officers, executives, partners, shareholders, employees, members, and agents who are active in management of an entity. 6. Based on information and belief, the statement which I have marked below is true in a relation to the entity submitting this sworn statement. (Please indicate with an "X" which statement applies,. Neither the entity submitting this sworn statement, nor any of its officers, directors, executives, partners, shareholders, employees, members, or agents who are active in the management of the entity, or any affiliate of the entity has been charged with and convicted of a public entity crime within the past 36 months. The entity submitting this sworn statement, or one or more of its officers, directors, executives, partners, shareholders, employees, members, or agents who are active in the management of the entity, or an affiliate of the entity has been charged with and convicted of a public entity crime within the past 36 months. AND (Please indicate which additional statement applies). The entity submitting this sworn statement, or one or more of its officers, directors, executives, partners, shareholders, employees, members, or agents who are active in the management of the entity, or agents who are active in the management of the entity, or an affiliate of the entity has been charged with and convicted of a public entity crime within the past 36 months. However, there has been a subsequent proceeding before a Hearing Officers of the State of Florida, Division of Administrative Hearings and the Final Order by the Hearing Officer determined that it was not in the public interest to place the entity submitting this sworn statement on the convicted vendor list. (Attached is a copy of the final order). I UNDERSTAND THAT THE SUBMISSION OF THIS FORM TO THE CONTRACTING OFFICER FOR THE PUBLIC ENTITY IDENTIFIED IN PARAGRAPH 1 (ONE) ABOVE IS FOR THE PUBLIC ENTITY ONLY AND, THAT THIS FORM IS VALID THROUGH DECEMBER 31 OF THE CALENDAR YEAR IN WHICH IT IS FILED AND FOR THE PERIOD OF THE CONTRACT ENTERED INTO, WHICHEVER PERIOD IS LONGER. I ALSO UNDERSTAND THAT I AM REQUIRED TO INFORM THE PUBLIC ENTITY PRIOR TO ENTERING INTO A CONTRACT IN EXCESS OF THE THRESHOLD AMOUNT PROVIDED IN SECTION 287.017, FLORIDA STATUTES, FOR CATEGORY TWO OF ANY CHANGE IN THE INFORMATION CONTAINED IN THIS FORM. Authorized Representative Signature: PROPERTY OWNER: OVERTOWN FAMILY LAND TRUST By: , . Print Name: Gwendolyn L. Johnson Date: Title: Trustee By: Print Name: Gloria Taor Title: Trustee cis 121 t20Z7 Date: 051 c� z1 12oZ STATE OF FLORIDA COUNTY OF MIAMI-DADE THE FOREGOING INSTRUMENT was acknowledged before me by means of I� physical presence or 0 online notarization, on this 21- day of MMI , 2026 by Gwendolyn L. Johnson, as Co -Trustee of the Overtown Family Land Trust who is personally known to me or who produced a as identificatio !mil Lead FRANCES LLOP-NOY MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signature of Notary Public, State of Florida ?i- ur -N� Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledged before me by means of t4 physical presence or 0 online notarization, on this 2-3- day of M , 2026 by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust who is personally known to me or who produced a as identification My mi lion Fxn'rPc' _ _ _ _ iat TT FRANCES LLOP-NOY * MY COMMISSION # HH 389636 EXPIRES: August 21, 2027 Signa re of Notary Public, State of Florida Printed Name of Notary Public CERTIFICATE OF AUTHORITY STATE OF FLORIDA ) SS: COUNTY OF MIAMI-DADE Pursuant to Florida Statutes § 689.071 This Certificate of Authority is executed this ET day of P I MM , 2026, pursuant to the provisions of § 689.071, Florida Statutes (the "Florida Land Trust Act"), and is made by the undersigned co -trustees of the Overtown Family Land Trust, a Florida Land Trust (the "Trust") whose mailing address is 1437 NW 1st Place, Miami, Florida 33136, organized and existing under the laws of the State of Florida and created by that certain Trust Agreement dated April 8, 2024, with GWENDOLYN L. JOHNSON and GLORIA TAYLOR, as Co -Trustee of the Overtown Family Land Trust, with legal title to the real property, as evidenced by that certain deed recorded on April 8, 2024, in Official Records Book 34178, Page 1471 of the Public Records of Miami -Dade County, Florida (the "Trust Property"). TRUSTEE INFORMATION • Current Co -Trustees: o Gwendolyn L. Johnson, whose address is 1437 NW 1st Place, Miami, FL 33136 o Gloria Taylor, whose address is 2330 NW 187th Street, Miami Gardens, FL 33056 AUTHORITY TO EXECUTE Pursuant to the authority granted under the Trust Agreement and consistent with Florida Statute § 689.071(8), the undersigned co -trustees do hereby agree and certify as follows: • The authority is hereby granted that the Co -Trustees to act on behalf of the Trust with respect to the following powers related to the Trust Property: 1. To execute, deliver, and record mortgage documents, including but not limited to promissory notes, mortgages, assignments, modifications, releases, satisfactions, and related loan documents, including but not limited to, that certain $500,000.00 grant agreement made by the Omni Redevelopment District Community Redevelopment Agency ("CRA") as evidenced by the Forgivable Loan Agreement and pertaining to the Trust Property 2. To negotiate and enter into contracts related to the rehabilitation, renovation, or repair of the Trust Property. 3. To execute permits, lien waivers, construction contracts, and any other documents necessary to complete the rehabilitation or improvement of the Trust Property. I further certify that said resolution is now in full force and effect. [Signature Page Follows] written. IN WITNESS WHEREOF, the undersigned has hereunto set its hand as of the day and year first above OVERTOWN FAMILY LAND TRUST, a Florida Land Trust By: Print Name: GloriWraylor Title: Co -Trustee By: Print Name: Gwendolyn L. John Title: Co -Trustee ACKNOWLEDGMENT STATE OF FLORIDA ) COUNTY OF MIAMI-DADE) THE FOREGOING INSTRUMENT was acknowledged before me by means of physical presence or ❑ online notarization, on this 2-1— day of MA4", 2026 by Gwendolyn L. Johnson, as Co - Trustee of the Overtown Family Land Trust who is personally known to me or who produced a as identificatiop My Commission Expires: .....B4c : FRANCES LLOP-NOY nor :*E MY COMMISSION # HH 389636 P" EXPIRES: August 21, 2027 Signature of Notary Public, State of Florida ricAcia Printed Name of Notary Public THE FOREGOING INSTRUMENT was acknowledged before me by means of k physical presence or ❑ online notarization, on this 2- day of IX l , 2026 by Gloria Taylor, as Co -Trustee of the Overtown Family Land Trust who is personally known to me or who produced a as identification. :R.•`A. ..p-. FRANCES LLOP-NOY r�� I :*= MY COMMISSION # HH 389636 ' O EXPIRES: August 21, 2027 Signature of Notary Public, State of Florida aimG-n Waif' -4\fell Printed Name of Notary Public SCHEDULE 1.14 EXISTING TENANT LIST Tenant: Gwendolyn Johnson Landlord: Overtown Family Land Trust Page 53 of 54 SCHEDULE A SENIOR LENDER/ CURRENT MORTGAGE 1. Loan from Planet Home Lending, LLC, a Florida limited liability company in the amount of $101,515.80, evidenced by a promissory note and mortgage; Page 54 of 54 AMERICAN LAND TITLE ASSOCIATION COMMITMENT (With Florida Modifications) ISSUED BY OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Transaction Identification Data, for which the Company assumes no liability as set forth in Commitment Condition 5.e.: Commitment Number: Revision Number: Issuing Office File Number: Issuing Agent: 1680336-Al None 2025-20030 4067701 Property Address: Loan ID Number: Issuing Office's ALTA Registry ID: Issuing Office: 1437 NorthWest 1 Place Miami, FL 33136 None Warman Law Office, P.A. SCHEDULE A 1. Commitment Date: April 2, 2026 at 11:00 PM 2. Policy to be issued: Proposed Amount of Insurance: a. OWNER'S: Proposed Insured: The estate or interest to be insured: b. MORTGAGEE: 2021 ALTA® Loan Policy with Florida Modifications $500,000.00 Proposed Insured: OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY The estate or interest to be insured: Fee Simple c. MORTGAGEE: Proposed Insured: The estate or interest to be insured: 3. The estate or interest in the Land at the Commitment Date is: (IdentO, each estate or interest covered, i.e., fee, leasehold, etc.) FEE SIMPLE 4. The Title is, at the Commitment Date, vested in: (Identi6 vesting for each estate or interest identified in Item 3 above) Gwendolyn L. Johnson, as Co -Trustee of the Overtown Family Land Trust, a Florida Land Trust and, as disclosed in the Public Records, has been since (Date) 4/12/2024 5. The Land is described as follows: See Exhibit A Old Republic National Title Insurance Company 1408 Westshore Blvd, Suite 900, Tampa, F 1iida, 33607, (612) 371-1111 C7 AIITHORIZED SIGNATORY Warman Law Office, P.A. 4067701 This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I —Requirements; and Schedule B, Part II —Exceptions; and a counter- signature by the Company or its issuing agent that may be in electronic form. Form C21 - Schedule A —ALTA Commitment for Title Insurance Page 1 of 7 Conmlitnlent Number: 2021 v. 01.00 (with Florida Modifications) 07/01/2021 1680336 AMERICAN LAND TITLE ASSOCIATION COMMITMENT (With Florida Modifications) ISSUED BY OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Schedule B-I Issuing Office File Number: 2025-20030 REQUIREMENTS All of the following Requirements must be met: 1. The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. 2. Pay the agreed amount for the estate or interest to be insured. 3. Pay the premiums, fees, and charges for the Policy to the Company. 4. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, and recorded in the Public Records. A. Mortgage from Gwendolyn L. Johnson, individually and as Co -Trustee of the Overtown Family Land Trust, a Florida Land Trust dated --/--/----, joined by spouse, if married, or non -homestead language, to the proposed insured mortgagee. 5. Recording of Certification of Trust confirming the information as required by Sec. 736.1017(1), F.S., containing the confirmatory statement under Sec. 736.1017(3). 6. Intentionally deleted. 7. Recordation of evidence that the violation recorded at O.R. Book 34573, Page 1580; O.R. Book 34573, Page 1581; O.R. Book 34573, Page 1594; O.R. Book 34573, Page 1810; O.R. Book 34643, Page 3602; O.R. Book 34643, Page 3613, Public Records of Miami -Dade, Florida has been brought to compliance. 8. As to the Notice of Commencement recorded under O.R. Book 34856, Page 768, Public Records of Miami -Dade County, Florida: (1) Obtain an Owner's Affidavit which contains the following: (a) names and addresses of all persons serving notice to owner pursuant to Sec. 713.06(2), F.S., (or if none received, the affidavit should so state), (b) a statement that a personal inspection of the property was made to determine whether persons posted a notice to owner on the property, (c) the names and addresses of all persons having privity of contract with the owner under Sec. 713.05, F.S., (d) a statement that the improvement described in the notice of commencement has been completed, (identifying the notice by the book and page where recorded), (e) a statement that the owner has obtained the affidavit required by Sec 713.06(3)(d)(1), F.S., from all parties having privity of contract with the owner under Sec. 713.05, F.S., and (f) a statement -that all persons serving notice to owner and all persons having privity of contract with the owner under Sec. 713.05, F.S., have been paid in full. (2) A Waiver and Release upon Final Payment under Sec. 713.20(5), must be obtained from all persons serving notice to owner and from all persons having privity of contract with the owner under Sec. 713.05, F.S. 9. Sufficient proof must be furnished and placed of record to establish that at the time of the conveyance of the subject property to Gwendolyn L. Johnson as Co -Trustee of the Overtown Family Land Trust by deed recorded under O.R. Book 34178, Page 1471, This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I —Requirements; and Schedule B, Part II —Exceptions; and a counter -signature by the Company or its issuing agent that may be in electronic form. Form C21 — B-I —ALTA Commitment for Title Insurance 2021 v. Page 2 of 7 Commitment Number: 01.00 (with Florida Modifications) 1680336 07/01/2021 AMERICAN LAND TITLE ASSOCIATION COMMITMENT (With Florida Modifications) ISSUED BY OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Schedule B-I Issuing Office File Number: 2025-20030 Public Records of Miami -Dade County, Florida, the subject property did not constitute the homestead of Darryl Johnson and Lamar Johnson under said deed, or that said Darryl Johnson and Lamar Johnson was unmarried at the time of such conveyance. 10. Record satisfactory Affidavit from Gwendolyn L. Johnson establishing that he/she is not one and the same person as any of those persons similarly named in numerous Judgments, Liens and/or competency proceedings recorded in O.R. Book 33449, Page 1691; O.R. Book 32109, Page 1636; O.R. Book 30005, Page 3130; O.R. Book 29868, Page 4299, Public Records of Miami -Dade County, Florida. Said Affidavit must contain the legal description of captioned property. 11. Record satisfactory Affidavit from Jeneen Johnson establishing that he/she is not one and the same person as any of those persons similarly named in numerous Judgments, Liens and/or competency proceedings recorded in O.R. Book 32109, Page 1636, Public Records of Miami -Dade County, Florida. Said Affidavit must contain the legal description of captioned property. 12. Record satisfaction, release, or credible proof of non-identity relating to the following certified judgment(s) and/or other liens against the name of Daryl Johnson recorded in the following Official Records: O.R. Book 28459, Page 1272, Public Records of Miami -Dade County, Florida. 13. Record satisfactory Affidavit from Darryl Johnson establishing that he/she is not one and the same person as any of those persons similarly named in numerous Judgments, Liens and/or competency proceedings recorded in O.R. Book 33449, Page 1691; O.R. Book 34217, Page 2779; O.R. Book 31516, Page 786; O.R. Book 30315, Page 883; O.R. Book 32109, Page 1636; O.R. Book 29134, Page 9; O.R. Book 29133, Page 3734; O.R. Book 29519, Page 3553; O.R. Book 26686, Page 1883; O.R. Book 30720, Page 4693; O.R. Book 27973, Page 2937, Public Records of Miami -Dade County, Florida. Said Affidavit must contain the legal description of captioned property. 14. Record satisfactory Affidavit from Katrina Johnson establishing that he/she is not one and the same person as any of those persons similarly named in numerous Judgments, Liens and/or competency proceedings recorded in O.R. Book 33449, Page 1691; O.R. Book 32109, Page 1636; O.R. Book 26210, Page 255, Public Records of Miami -Dade County, Florida. Said Affidavit must contain the legal description of captioned property. 15. Record satisfaction, release, or credible proof of non-identity relating to the following certified judgment(s) and/or other liens against the name of Lamar Johnson recorded in the following Official Records: O.R. Book 27810, Page 3797, Public Records of Miami -Dade County, Florida. 16. Record satisfactory Affidavit from Lamar Johnson establishing that he/she is not one and the same person as any of those persons similarly named in numerous Judgments, Liens and/or competency proceedings recorded in O.R. Book 32109, Page 1636; O.R. Book 30333, Page 3124; O.R. Book 28806, Page 1146, Public Records of Miami -Dade County, Florida. Said Affidavit must contain the legal description of captioned property. 17. Record satisfaction, release, or credible proof of non-identity relating to the following certified judgment(s) and/or other liens against the name of Jerard Johnson recorded in the following Official Records: O.R. Book 31011, Page 1204; O.R. Book 30997, Page 4982, Public Records of Miami -Dade County, Florida. This page is only a part ofa 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; and Schedule B, Part II -Exceptions; and a counter -signature by the Company or its issuing agent that may be in electronic form. Form C21 - B-I - ALTA Commitment for Title Insurance 2021 v. 01.00 (with Florida Modifications) 07/01/2021 Page 3 of 7 Commitment Number: 1680336 AMERICAN LAND TITLE ASSOCIATION COMMITMENT (With Florida Modifications) ISSUED BY OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Schedule B-I Issuing Office File Number: 2025-20030 18. Record satisfactory Affidavit from Jerard Johnson establishing that he/she is not one and the same person as any of those persons similarly named in numerous Judgments, Liens and/or competency proceedings recorded in O.R. Book 32109, Page 1636; O.R. Book 33449, Page 1691, Public Records of Miami -Dade County, Florida. Said Affidavit must contain the legal description of captioned property. 19. Record satisfactory Affidavit from Jerome Johnson establishing that he/she is not one and the same person as any of those persons similarly named in numerous Judgments, Liens and/or competency proceedings recorded in O.R. Book 33552, Page 378; O.R. Book 32109, Page 1636; O.R. Book 33449, Page 1691; O.R. Book 28829, Page 285; O.R. Book 26573, Page 3549; O.R. Book 26415, Page 4270; O.R. Book 24612, Page 3138; O.R. Book 29415, Page 4556; O.R. Book 30232, Page 4585, Public Records of Miami -Dade County, Florida. Said Affidavit must contain the legal description of captioned property. 20. Record satisfaction, release, or credible proof of non-identity relating to the following certified judgment(s) and/or other liens against the name of Jerome Johnson recorded in the following Official Records: O.R. Book 31011, Page 1204; O.R. Book 30997, Page 4982, Public Records of Miami -Dade County, Florida. 21. An update of the title search must be completed just prior to the closing and the commitment must be endorsed to require clearance of, or take exception for, any additional title defects or adverse matters found. 22. Execution of closing affidavit by appropriate parties representing possession and no adverse matters, including actions taken by owner or others that would give rise to litigation or lien. 23. Closing funds must be disbursed by or at the direction of the Title Agent issuing this policy. 24. Affidavit from owner, or other person having actual knowledge, establishing that no person other than the owner is in possession. 25. A survey meeting the Company's requirements and an affidavit of the owner, or other person with actual knowledge, establishing that there are no unrecorded easements or claims of easements in existence, must be furnished. If the survey reveals any encroachments, encumbrances, violations, variations, or adverse circumstances, including but not limited to easements, they will appear as exceptions in the policy. 26. FOR INFORMATIONAL PURPOSES ONLY: 2024 taxes were paid on November 27, 2024 for Parcel/Account ID# 0131360510510, in the gross amount of $6,137.21. 27. FOR INFORMATIONAL PURPOSES ONLY, the following constitutes a 24-month Chain of Title preceding the effective date hereof and constitutes conveyances and transfers of ownership only: O.R. Book 27953, Page 3186; O.R. Book 34178, Page 1471. This page is only a part ofa 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I —Requirements; and Schedule B, Part II —Exceptions; and a counter -signature by the Company or its issuing agent that ma), be in electronic form. Form C2I — B-I — ALTA Commitment for Title Insurance 2021 v. Page 4 of 7 Commitment Number: 01.00 (with Florida Modifications) 1680336 07/01 /2021 AMERICAN LAND TITLE ASSOCIATION COMMITMENT (With Florida Modifications) ISSUED BY OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Schedule B-II Issuing Office File Number: 2025-20030 EXCEPTIONS FROM COVERAGE SOME HISTORICAL LAND RECORDS CONTAIN DISCRIMINATORY COVENANTS THAT ARE ILLEGAL AND UNENFORCEABLE BY LAW. THIS COMMITMENT AND THE POLICY TREAT ANY DISCRIMINATORY COVENANT IN A DOCUMENT REFERENCED IN SCHEDULE B AS IF EACH DISCRIMINATORY COVENANT IS REDACTED, REPUDIATED, REMOVED, AND NOT REPUBLISHED OR RECIRCULATED. ONLY THE REMAINING PROVISIONS OF THE DOCUMENT WILL BE EXCEPTED FROM COVERAGE. The Policy will not insure against loss or damage resulting from the terms and conditions of any lease or easement identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company: 1. Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the Public Records or is created, attaches, or is disclosed between the Commitment Date and the date on which all of the Schedule B, Part I — Requirements are met. 2. a. General or special taxes and assessments required to be paid in the year and subsequent years. b. Rights or claims of parties in possession not recorded in the Public Records. c. Any encroachment, encumbrance, violation, variation, or adverse circumstance that would be disclosed by an inspection or an accurate and complete land survey of the Land and inspection of the Land. d. Easements or claims of easements not recorded in the Public Records. e. Any lien, or right to a lien, for services, labor or material furnished, imposed by law and not recorded in the Public Records. 3. Any Owner's Policy issued pursuant hereto will contain under Schedule B thfi''following exception: Any adverse ownership claim by the State of Florida by right of sovereignty to any portion of the Land insured hereunder, including submerged, filled and artificially exposed lands, and lands accreted to such lands. 4. Any lien provided by County Ordinance or by Chapter 159, F.S., in favor of any city, town, village or port authority, for unpaid service charges for services by any water systems, sewer systems or gas systems serving the land described herein; and any lien for waste fees in favor of any county or municipality. 5. Restrictions, conditions, reservations, easements, and other matters contained on the Plat of WADDELL'S RESUBDIVISION of Blocks 34, 36, 38 and 44 of JOHNSON AND WADDELL'S ADDITION TO THE CITY OF MIAMI DADE CO. FLA. , as recorded in Plat Book 1, Page 169, Public Records of Miami -Dade County, Florida. 6. Ordinance vacating alleys by City of Miami under File Number 14-00345 recorded in O.R. Book 29757, Page 1686, O.R. Book 29778, Page 3598, O.R. Book 29877, Page 4214 Public Records of Miami -Dade County, Florida, which creates an utility easement reserved for the installation, maintenance and operation of any utility located in or be located in the alleys vacated. This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part II —Requirements; and Schedule B. Part II —Exceptions; and a counter -signature by the Company or its issuing agent that may be in electronic form. Form C21 — B-II — ALTA Commitment for Title Insurance 2021 v. 01.00 (with Florida Modifications) 07/01/2021 Page 5 of 7 Commitment Number: 1680336 AMERICAN LAND TITLE ASSOCIATION COMMITMENT (With Florida Modifications) ISSUED BY OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Schedule B-II Issuing Office File Number: 2025-20030 7. Resolution No. 2005-1054 recorded in O.R. Book 23715, Page 1511, Public Records of Miami -Dade County, Florida. 8. Liability for possible continuing violation according to Violation Lien recorded in O.R. Book 34573, Page 1580; O.R. Book 34573, Page 1581; O.R. Book 34573, Page 1594; O.R. Book 34573, Page 1810; O.R. Book 34643, Page 3602; O.R. Book 34643, Page 3613, Public Records of Miami -Dade County, Florida. 9. Rights of the lessees under unrecorded leases. 10. ADDED:Mortgage from Gwendolyn L. Johnson to Mortgage Electronic Registration Systems, Inc., as nominee for Christensen Financial Inc., a Florida corporation recorded in O.R. Book 27953, Page 3188, Public Records of Miami -Dade County, Florida.NOTE: This Mortgage is to remain in first position. This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part II —Requirements; and Schedule B, Part II —Exceptions; and a counter -signature by the Company or its issuing agent that may be in electronic form. Form C21 — B-II — ALTA Commitment for Tiue Page 6 of 7 Commitment Number: 1680336 Insurance 2021 v. 01.00 (with Florida Modifications) 07/01 /2021 AMERICAN LAND TITLE ASSOCIATION COMMITMENT (With Florida Modifications) ISSUED BY OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Exhibit A Commitment Number: Issuing Office File Number: 1680336 2025-20030 Lot 6, Block 44, of WADDELL'S RESUBDNISION of Blocks 34, 36, 38 and 44 of JOHNSON AND WADDELL'S ADDITION TO THE CITY OF MIAMI DADE CO. FLA., according to the plat thereof as recorded in Plat Book 1, Page(s) 169, Public Records of Miami -Dade County, Florida. This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I —Requirements; and Schedule B, Part II —Exceptions; and a counter -signature by the Company or its issuing agent that may be in electronic form. Form C21 — Schedule A — ALTA Commitment for Title Page 7 of 7 Commitment Number: Insurance 2021 v. 01.00 (with Florida Modifications) 1680336 07/01/2021