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General Release and Waiver - Nancy Bona GENERAL RELEASE AND WAIVER KNOW ALL MEN BY THESE PRESENTS: That for value received and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Nancy Bona, do hereby, for her respective heirs, executors, administrators, personal representatives, insurers, reinsurers, agents, successors and assigns, and any person or entity claiming by, through or for or succeeding to the right of any of the foregoing (hereinafter referred to collectively as "Releasor "), releases, remises, acquits, satisfies, waives and forever discharges The City of Miami Beach, its officers, employees, heirs; executors, administrators, personal ; representatives, insurers, reinsurers, agents, successors and assigns, and any person or entity acting for, by or through any of the foregoing (hereinafter referred to collectively as "Releasees ") of and from any and all manner of actions, causes of action, suits, debts, costs, attorney's fees, costs, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, controversies, loss of services, obligations, liabilities, agreements, promises, variances, disputes, trespasses, damages, repairs, injuries, losses, liens, judgments, executions, complaints, claims, counterclaims, cross- claims and all demands whatsoever, in law or in equity, whether known or unknown, direct or indirect, which Releasors ever had, now have or which may hereafter accrue for, upon or by reason of any matter, cause or thing whatsoever from the beginning of the world to the day of the date of this release, including but not limited to all claims, demands, damages, liens, counterclaims, cross- claims, actions and causes of action on account of, in connection with or in any way arising out of or relating to, or which were or could have been asserted in, that certain cause styled Bona et al v: City of Miami Beach, Case No. 07 -32876 CA 21, Circuit Court, Miami -Dade County, Florida, (hereinafter sometimes referred to collectively as "the Claims" ). Releasor agrees they will forever refrain and forbear from commencing, instituting or- prosecuting any lawsuit, action or other proceeding of any kind whatsoever, by way of action, defense, set -off, cross - complaint, counterclaim, third party action or otherwise, against Releasees, or any of them, based on, L relating to, arising out of, or in connection with any of the Claims released and discharged hereunder. Releasor hereby waives, to the fullest extent permitted by law, the benefits of any statute, law, rule, regulation or common law which may limit the scope of the covenants and releases contained herein. Releasor intends by this General Release and Waiver to forever release, remise, acquit, waive, satisfy and forever discharge Releasees of and from any and all Claims and rights described above, it being understood that all of the Claims or rights which the Releasor or any person who claims by, through or under the Releasor, or any of them, may have against the Releasees shall be forever released, remised, acquitted, waived, satisfied and forever discharged, and such persons shall be forever barred from bringing or asserting the same in their own name or names, jointly or with or through any other person, natural, corporate or otherwise. Releasor acknowledges that it is its intention that, upon execution hereof, this General Release and Waiver shall be effective as a full accord and satisfaction and settlement of, and as a bar to, each and every one of the Claims released hereunder, whether known or unknown. Releasor, represents and warrants that no claim which it has or might have had against Releasees has been assigned or transferred to any other person or entity, and agrees to indemnify Releasees and hold Releasees harmless from any and all Liability or expense resulting from the assignment or transfer of any .such claims. Releasor acknowledges and agrees that this. release is given for the compromise of doubtful and disputed claims, and shall not be construed as an admission against interest or admission of liability on the part of the Releasees as to any claim, counterclaim, demand, controversy, dispute, defense, action, cause of action, or thing mentioned herein and compromised and settled hereby surrounding the Claims, and that Releasees deny liability therefor and intend merely to avoid the costs of litigation. 2 r Releasor confirms that it is competent and acknowledges that the terms of this General Release and Waiver are contractual and not a mere recital. Furthermore, the Releasor acknowledges that the Releasor has not been influenced in any manner in making this General Release and Waiver by any representations or statements made by or on behalf of the Releasees, that the Releasor has received the advice of counsel in connection with the effect of the execution and delivery of this General Release and Waiver, that the Releasor has carefully read and fully understands the contents of this General Release and Waiver, and that the Releasor has duly authorized the execution of this General, Release and Waiver freely and voluntarily, intending and agreeing to be fully bound by the terms hereof. This General Release and Waiver shall remain in full force and effect and survive any future dealings among the Releasor and Releasees, unless this General Release and Waiver shall hereafter be modified by an instrument in writing and signed by the Releasor and by duly authorized represE:ntative(s) of the Releasees. Nothing in this General Release and Waiver shall serve to release the City or prohibit any future claim by Releasor(s) for damage to the real property of the Releasor(s), which was caused by the North Beach Recreation Corridor (77 Street through 79 Street) during a storm event subsequent to the execution of this General Release and Waiver. IN WITNESS WHEREOF, Nancy Bona has caused this General Release and Waiver to be executed in her name and her seal to be affixed, this day 2010. Witnesses Releasor: Nancy Bona Print Name FyZw rint Name all r , •�,`, 3 STATE OF FLORIDA ) SS: COUNTY.OF MIAMI -DADS ) HEREBY CERTIFY that on this date, before me, an officer duly authorized in this State and Count ke acknowledgments, personally appeared Nancy Bona, onally known me, or having produced as identification, named in the foregoing General Release and Waiver, and that she acknowledged executing the same freely and voluntarily in the presence of witnesses. WITNESS my hand and official seal in the County and State last aforementioned this day of D Q� _ 0 2010 . (Si tur (Pri t name) My Commission Expires: Notary Public State of Florida �PaY a�e4 FRANK WOLL" MY COMMISSION # DD 992195 ' EXPIRES: May 21, 2014 � Bonded Tnru Budget Nota►y services F: \atto \HELG \LITIGATION \Bona v CMB \Settlement \Releases \General Release and Waiver for Bona.doc 4