1) Quit-Claim Assumption Lease
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Prepared by, record, and return to:
Joel N. Minsker, Esq.
Bloom & Minsker, P.L.
1110 Brickell Avenue
Suite 700
Miami, Florida 33131-3107
CFN 2005R0177711
DR Bk 23105 Pss 0728 -- 729; (2P9S)
RECORDED 02/23/2005 09=43:41
DEED DOC TAX 0.60
HARVEY RUVIN. CLERK OF CDURT
MIAMI-DADE COUNTY, FLORIDA
,
QUIT-CLAIM ASSIGNMENT AND ASSUMPTION OF LEASE
(" ASSIGNMENT")
For good and valuable consideration, the receipt of which is hereby
acknowledged, MIAMI BEACH REDEVELOPMENT AGENCY, a public body corporate and
politic ("Assignor") hereby irrevocably assigns, transfers and sets over to Royal Palm Hotel
Property, LLC, a Delaware limited liability company ("Assignee") all of Assignor's right, title
and interest (without representations or warranties of any kind) in and to that certain Agreement
of Lease by and between Assignor, as Owner and landlord, and RDP Royal Palm Hotel Limited
Partnership, as Tenant, dated as of May 28, 1998, recorded in the public records of Miami-Dade
County, Florida at O.R. Book 18170, at Page 893 (the "Lease") reserving unto Assignor all of its
right, title and interest in those Lease provisions which survive the termination of the Lease,
Assignee hereby assumes and agrees to perform or observe all of the covenants
and obligations of the Assignor, as Owner and landlord under the Lease, which first arise and
first accrue on or after the date hereof excluding, without limitation, any obligations that result
from any default or other failure of Assignor, prior to the date hereof, to perform or observe any
covenant or obligation of the Owner and landlord under the Lease.
All terms of this Assignment shall be binding upon, inure to the benefit of and be
enforceable by the parties hereto and their respective legal representatives, successors and
assigns.
No modification, waiver, amendment, discharge, change or termination of this
Assignment shall be valid unless the same is in writing and signed by the party against which the
enforcement of such modification, waiver, amendment, discharge, change or termination is or
may be sought.
This Assignment shall be construed and enforced in accordance with the laws of
the State of Florida.
All defined terms in this Assignment shall have the same meaning as in the Lease,
except as otherwise noted. '
ASSIGNOR MAKES NO WARRANTIES OR REPRESENTATI
ANY KIND J.{J!;GAKDING THIS ASSIGNMENT. TIDS ASSIGNMENT IS ME
QUIT-CLAIM ASSIGNMENT BY ASSIGNOR TO ASSIGNEE.
II
OR BK 23105 PG 0729
LAST F'AGE
"
This Assignment may be executed in any number of counterparts, each of which
so executed shall be deemed an original; such counterparts shall together constitute the
Assignment.
g IN WITNESS WHEREOF, the parties have executed this Assignment on this
~ day of February, 2005. . .
B:
N vid Dermer
Title: Chairman
STATE OF FLORIDA )
) ss:
COUNTY OF MIAMI-DADE - )'
The foregoing instrum:nt was acknowledged before me this .&..~ay of February, 2005
by David Dermer, as Chairman of MIAMI BEACH REDEVELOPMENT AGENCY. He is
ers id driver's licens s identification,
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My
HOTEL PROPERTY, LLC
ite iability company
Print: : ~
By:
Name:
Title: Man
STATE OF FLORIDA )
) ss:
COUNTY OF MIAMI-DADE )
o The foregoing instrument was acknowledged before me this .f1...'*'aay of February, 2005
by .no~f't b.l='.lor . as Managing Member of ROYAL PALM HOTEL
PROPERTY, LLC, He/she is personally known to or roduce v'd dri ,. s
i<krttification.
-
~~IItb. Nathalie Legagneur
f!M~ Commission' 00385416
~~ f/'.6 Expirea FebN81Y 5, 2009
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F:\MINSKER\C,M,B\CrownePlazalAmend 10 Lease\Conveyancing Doc~SSignmenl and Assumption of Lease V2,DOC
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My commission expires: