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HomeMy WebLinkAbout1st Amend. to A&R Mortgage I ..; i . ~J~;. <!J (0 RECORDING REQUESTED BY A~~ WHEN RECORDED MAIL TO: ftflJ~ I Prell . -tk'S-So flJe:Mf~k1( Sut1Jerl~nd, Asbill & Brennan LLP ...#-/1-""" 999 Peachtree Street, N.E. ~c..~lJ Atlanta, Georgia 30309-3996 .7, I Attention: Nicole L. Friedman Utt. ~t. D~. 20025PG4106 o 1R.6:38396 2001 MOV 19 15151 CROSS-REFERENCE OR 18047, PAGE 1985 OR 18047, PAGE 2048 OR 18047, PAGE 2090 FIRST AMENDMENT TO AMENDED AND RESTATED MORTGAGE, ASSIGNMENT OF RENTS SECURITY AGREEMENT AND FIXTURE FILING AND ASSIGNMENT OF LEASES AND RENTS AND PARTIAL RELEASE OF SECURITY TillS FIRST AMENDMENT TO AMENDED AND RESTATED MORTGAGE, ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND FIXTURE FILING AND ASSIGNMENT OF LEASES AND RENTS AND PAQ,.!~h..RELEASE OF SECURITY (this" Agreement") is entered as of this /11 day of ~'2oo~, by and between HOTELERAMA ASSOCIATES, LTD., a Florida limited partnership ("Borrower") with an office and place of business at 4441 Collins Avenue, Miami Beach, Florida 33140, and LASALLE BANK NATIONAL ASSOCIATION (fka LaSalle National Bank), AS TRUSTEE FOR CDC DEPOSITOR TRUST STI MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-STI, a Delaware corporation ("Lender"), having an address of c/o AMRESCO Services, L.P., 245 Peachtree Center Avenue Northeast, Suite 1800, Atlanta, Georgia 30303. RECITALS A. Lender is the holder of that certain Amended, Restated and Consolidated Renewal Note dated March 31, 1998, from Borrower to Nomura Asset Capital Corporation ("Nomura") in the original principal amount of $89,532,189 (the "Note"). The loan evidenced by the Note is hereinafter referred to as the "Loan". The Loan is secured by that certain Loan Agreement dated as of March 31, 1998, by and betWeen Borrower and Nomura (the "Loan Agreement"), that certain Amended and Restated Mortgage, Assignment of Rents, H,INLF\15177\O056IAMEND3WPD / ifI'l \ . ~\ Ut r.l\{;.~ UIl. , .., 2 0 0 2 5 PG 4 7 01 Security Agreement and Fixture Filing dated as of March 31, 1998, by and between Borrower and Nomura, recorded in OR 18047, Page 1985, of the Public Records of Miami-Dade County, Florida (the "Mortgage"), that certain Consolidated Amended and Restated Assignment of Leases and Rents by and between Borrower and Nomura dated as of March 31, 1998, recorded in OR 18047, Page 2048, of the Public Records of Miami-Dada County, Florida (the" Assignment"), and that certain DCC-l Financing Statement recorded in OR 18047, Page 2090, of the Public Records of Miami-Dade County, Florida (the "DCC"). The Loan Agreement, the Mortgage the Assignment, the DCC and all other documents evidencing or securing the Loan evidenced by the Note are hereinafter collectively referred to as the "Loan Documents." The Loan Documents were assigned by Nomura to Lender by Assignment recorded in OR~, Page S!f1 , of the Public Records of Miami-Dade County, Florida. B. Pursuant to Exhibit B of the Mortgage, in connection with the relocation of 44th Street, Borrower and Lender desire to amend the Mortgage, the Assignment and the Loan Documents to release the parcel described on Exhibit A attached hereto and incorporated herein (the "Release Parcel") and to add the property described on Exhibit B attached hereto and incorporated herein (the "Replacement Parcel"). C. Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Loan Agreement. AGREEMENTS: NOW THEREFORE, in consideration of the foregoing recitals (which are hereby incorporated herein by" this reference) and the mutual covenants and promises of the parties hereto and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. Amendment to Mortl!aee and Assipment. The property description attached as Exhibit A to the Mortgage is hereby deleted in its entirety and replaced with the property description on Exhibit C attached hereto and incorporated herein by this reference. The property description attached as Exhibit A to the Assignment is hereby deleted in its entirety and replaced with the property description on Exhibit C attached hereto and incorporated herein by this reference. The property description attached as Exhibit A to the DCC is hereby deleted in its entirety and replaced with the property description on Exhibit C attached hereto and incorporated herein by this reference. From and after the date hereof, all references in the Mortgage, the Assignment and the Loan Documents to the property encumbered by the Mortgage shall mean the Land, together with the Replacement Parcel, less and except the Release Parcel. H:\NLF\l 5 171\OOS6IAMEND3.WPD 2 ur r. ~~~ U~. 2002SPG4708 2. Release of Parcel. Lender hereby remises, releases, conveys and forever quitclaims all right, title and interest in the Release Parcel, whether recorded, filed or otherwise and it is the intention of Lender that all such right, title, and interest of the Lender in the Release Parcel shall be discharged of record. Nothing contained herein shall in any way affect or impair the security, title, liens and interest of the Lender on any portion of the Land other than the Release Parcel. 3, No Defaults. Borrower hereby represents and warrants that, to its knowledge, as of the effective date of this Agreement, no monetary or other material default has occurred and is continuing beyond any applicable grace or notice period under any of the Loan Documents. 4. No Offsets or Defenses. Borrower hereby acknowledges, confirms and warrants to Lender that as of the effective date of this Agreement, Borrower neither has nor claims any offset, defense, claim, right of set-off or counterclaim against Lender under, arising out of or in connection with this Agreement, the Notes, or any of the other Loan Documents. 5. Modifications. This Agreement may not be amended, modified or otherwise changed in any manner except by a writing executed by all of the parties hereto. 6. Successors and AssiJ:Ds. This Agreement applies to, inures to the benefit of, and binds all parties hereof, their heirs, legatees, devisees, administrators, executors, and permitted successors and assigns. 7. Governine Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida, without giving effect to the conflict of laws provisions of said State. 8. Entire Al:reement. This Agreement constitutes all of the agreements among the parties relating to the matters set forth herein and supersedes all other prior or concurrent oral or written letters, agreements and understandings with respect to the matters set forth herein. 9. Full Force and Effect. The Loan Documents remain in full force and effect. 10. Counterparts. This Agreement may be signed in any number of counterparts by the parties hereto, all of which taken together shall constitute one and the same instrument. 11. No Novation. Nothing contained in this Agreement is intended to effectuate, nor shall this Agreement be construed to effectuate, a novation or an accord and satisfaction of any of the indebtedness outstanding under the Loan Agreement. H:INLF\I 51 77\OO56\AMEND3.WPD 3 UH.I\Ur un. 20025PG4709 12. Reaffirmation of Morteaee. The Mortgage is reaffirmed and shall be and remain in full force and effect in the form as recorded as hereinabove provided subject only to the amendments and modifications provided herein, and by virtue of this Agreement, the Mortgage shall be deemed to be so amended including the amendments and modifications contained in this Agreement. [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] H:\NLFlI S 177\OOS6IAMEND3. WPD 4 utr. nt~ Dft. .. 20025PG4110 IN WITNESS WHEREOF, this Agreement has been duly executed by the parties under seal as of the day and year first above. Borrower: Signed, sealed and delivered in the presence of: HOTELERAMA ASSOCIATES, LTD., a Florida limited partnership Name: L By: KDM Corporation,_, a Florida corporation, its general partner By: Na~ Titl : J [CORPORATE SEAL] . STATE OF fL()~/'h1t ) . ~) COUNTY OFrJJllJdJ/- ~ I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County ,foresaid to take ackn9wledgments, the foregoing instrument was acknowledged before me b~ff fjfl1tfr2J?!M ,as .;.fJ. of KDM Corporation, a Florida corporation, as general partner of HOTELERAMA ASSOCIATES, LTD., a Florida limited partnership, freely and voluntarily under authority duly vested in him/her by said corporation on behalf of the limited partnership, seal affixed thereto is the true corporate seal of said corporation. He/She i personally known 0 me or who has produced . as identification. t e last aforesaid this Ji... WITNESS my hand and officj day of \./ltt{tJftIUj, 2000. i Nota C1AL NARY SEAL IRMA C VEGA NOfARYPUBLIC srATEOF FLORIDA ~ f Notary Public Typ My Commission Expires: H:\NlF\l 5 177IOOS6IAMEND3. WPD 5 "I I. IU..W uu_ 2 0 0 2 5 PG 4 11 I Lender: Signed sealed and delivered in the presence of: LASALLE BANK NATIONAL ASSOCIATION (fka LaSalle National Bank), Trustee for CDC Depositor Asset Trust STI Securities Corporation Commercial Mortgage Pass-Through Certificates Series I998-STI By: AMRESCO Services, L.P., its authorized agent Name: -' ~A ro;).-tD~ By: AMRESCO Mortgage Capital, Inc., its general p er Servicing Officer f STATE OF ~\l\ ) COUNTY OF ~ \ \0", ~ [Corporate Seal] I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, th~ foregoing' instrument was acknowledged before me by K(l~h, ~I'\~F , aS~",^l\~ttfj)f AMRESCO Mortgage Capital, Inc., as general partner of AMRESCO Services, .P., the authorized agent of LaSalle Bank: National Association (fka LaSalle National Bank), Trustee for CDC Depositor Asset Trust STI Securities Corporation Commercial Mortgage Pass- Through Certificates Series 1998-STI, freely and voluntarily under authority duly vested in him/her by said corporation on behalf of the limited partnership and Trustee, and that the seal affixed thereto is the true corporate seal of said corporation. He/She is personally known to me or who has produced 1)rivpr's L;C8lse as identification. WITNESS my hand and official seal in the County and State last aforesaid this 'il~ day of r.. """,," r'l ' 2000. H,INLFlI51 17100561AMENDJ . WPD Typ~~nt'fct o~~:~~ed name of Notary PU~;~:,i'!":.'F.,. "1___ - ._-;l;;~';;i.r,,;n.Jr~;~::.:~, '. 6 . NOT~~'i ~~~t!t;r .il. rE', \ Do!(clb c"l,iHlY;i~~lRqIA .1<.1 G~P.VLE~.;~t0lm>,(' 'i~ ( r~y corr,~lss19n"'E~fri~~:~,' '!i;. ~}.~J~' J., ,,,'V-- 1"~,:.');-, :", -"~'::,~i;,"r:-"t,-" l"!{y,:,,? . . '>~'~,J ~jij 'e ~~...,,~ ;.""',,"i""J"lH~l'<'~\ "'i.:,,':.>~ ' My Commission Expires: Uff. nt~ Dh. . ' 20025PG4712 EXHIBIT A A portion of that certain tract ofland designated as "J.H. Snowden" lying north of and adjoining Lot I, Block 40, of "Amended Map of the Ocean Front Property of the Miami Beach Improvement Company," according to the plat thereof, as recorded in plat book 5 at pages 7 and 8, of the public records of Miami-Dade County, Florida, and a portion of said Lot I, Block 40, being more particularly described as follows; COMMENCE at the northwest corner of that certain tract ofJand designated as "R.P. Van Camp" as shown on said "Amended Map of the Ocean Front Property of the Miami Beach Improvement Company" plat, thence S 07 degrees 25 minutes 11 seconds W, along the west line of said "R.P. Van Camp" tract, and the west line of Lot 1, Block 39, of said "Amended Map of the Ocean Front Property of the Miami Beach Improvement Company" plat, said line also being the east right-of-way line of Collins Avenue, for a distance of220.45 feet, thence N 82 degrees 34 minutes 49 seconds W, for a distance of 60.00 feet to a point on the east line of said Lot 1, Block 40, said line also being the west right-of-way line of Collins Avenue, and said point also being the POINT OF BEGINNING, thence N 37 degrees 35 minutes 00 seconds W, for a distance of35.36 feet, thence N 82 degrees 34 minutes 49 seconds W, along a line parallel with and 4.55 feet north of, as measured at right angles to, the south line of said "J.H. Snowden" tract, for a distance of200.22 feet to a point on the west line of said "J.H. Snowden" tract, said line also being the east right-of-way line of Indian Creek Drive, thence N 04 degrees 33 minutes 25 seconds E, along the last described line, for a distance of 83.06 feet to a point of curvature of a circular curve to the right, thence along the arc of said curve, having a radius of50.00 feet, a central angle of27 degrees 21 minutes 20 seconds, for a distance of 23.87 feet to a point on the arc of a circular curve to the left being non-tangent with the last described curve and whose radius point bears N 74 degrees 49 minutes 14 seconds E, thence along the arc of said curve having a radius of75.00 feet, a central angle of 67 degrees 24 minutes 03 seconds, for a distance of 88.23 feet to a point of tangency, thence S 82 degrees 34 minutes 49 seconds E, along a line parallel with and 64.55 feet north of, as measured at right angles to the south line of said "J.H. Snowden" tract, for a distance of 148.91 feet, thence N 47 degrees 19 minutes 52 seconds E, for a distance oflO.57 feet, thence S 07 degrees 25 minutes II seconds W, along the east line of said "J.H. Snowden" tract and the east line of said Lot I, Block 40, said line also being the west right-of-way line of Collins Avenue, for a distance of 93 .11 feet to the POINT OF BEGINNING. I:JU1IU., . ~ 20025PGltl13 A por1ton of Collins Ayenue 10 portion of which Is otherwise known as 44Ul Streel), as shown on "Amended Mop of 1he Ocean FlOnt Proper1y of the Miami Beach Improvement Company.. according to the plot thereof, os recor.dad In plat book 5 at pages 7 and 8. and on "Amended Plat of the Indian Beach Corporation's Subdivision 01 Lands In Gav'l Lals 1-2-3-4-5.6 and 7 of 3ec.23 -Twp.53S. . Rge.42E.'. according 10 the plot thereof. as recorded In plat book. a 01 page 61 of the public records of Mlaml~Dade County. Florida. being more particularly described as follows; BEGIN at the northwest corner or that cartaln tract of land designated as "R,P. Van Camp. as shown on sold "Amended Map Cf the Ocean Front Property of the Miami Beach Improvement Company. plat. thenc~ S 07025'11" W, along the west line at :ald .R.P. Van C!=lmp. tract said line also being the east lIght-of-way line 01 Collins Avenue. for a distance or 125.00 feet thence N 82034'49- W. tor a dls.tance 01 60.00 feel to a point on the 89st line at thai certain tract of land des\gnated as -J.H. Snowden- lying north of and adjOining lal 1. Block 40. of said -AmenC1elj Map at the Ocean Front Property of the Miami Beach Improvement Company. pla1. sold line also being the west,ight-ol~way line 01 Collins Avenue. thence N 07025'1 P e, along Ille lasl descllbed line. IO! a distance 01 15.00 leel to a point 01 curvalUle of a chculo( CUlV8 to the lel1. thence along the arc 01 said curve, having a radius of 50.00 feel, a cenllal angle at 90000'00", lor a distance of 78.54 leet .ta llle paint at langency, Ihence N 82034'49" W. along lhe nO!lh line at sold 'J.H. Snowde~' tlacl. sold line olso being the south ',lgtH-or-way line 01 Collins AVenue (otherwise known as 44th street). lor 0 distance of 129.44 leei to a point of cuevolure 0' Q circular CUive to the left. tht3nce along the arc 01 said curve. having 0 radius of 50.00 teeL a cenhal angle 0165030'26-, lor a cUstance 01 57.17 leet to 0 point on the Oie of 0 circular cwve 10 1ne. rlghl being non-Iangent with the 10s1 described curve and whose iadlus poln1 bears N 74Q49'14" E. ihence along 1ha arc at sold curve having 0 radius of 75.00 feet, 0 centfol angle of 24060'24., tor a distance at 32.52 feei to the point of tangency, Ihence N 09039'38' E. 1010 distance at 132.85 leet to 0 point 01 cusp, sold polnl also being 0 point on the arc 01 0 cHcular curve to the len whose radius potnt bears S 80020'22' E. lhence along the arc of sold curve Ilavlng 0 ladlus 01 72.40 leel. 0 cenlral angle of 92014'27', tal a dlslance 01116.56 leella lhe palnl ollangency. thence 5 62034'49- E. along the south Une of tract .A- os shown on sold -Amended Plat of the Indian 8each Calporotlcn's Subdivision at lands In Gav't lols 1.2.3-4-5-6 and 7 01 3ec.23 - Twp.53S. . Rge.42E.' plat. sold line also being lhe norTh Ilgllt-ol.way line 01 Collins Avenue (otherwise known os 441h sHeet). tor a dIstance of 213.10 feel 10 Ihe POINT Of BEGINNING; <, .1 '. , ~.. ." ~iDnh-~NIEB'f C 2 0 0 2 5 PG 4 7 I 4 LBGAL DBSORIPTIOU PARCEL 1: Lot "A" of the Alllended Pla.t of "THE INDIAN BEACH CORPORATION'S SUB- DIVISION", a.ccording to the plat thereof, recorded in Plat Book 8, Page 61, of the Public Records of Dada County, Florida; together with a parcel of land lying between the Westerly boundary of Collins Avenue as it now exists and the Easterly boundary of Indian Creek and described as follows: Bounded on the Easterly side by a line parallel to and 125 feet Westerly of the Easterly line of Collins Avenue; bounded on the Westerly side by a line parallel to and 6 feet Westerly of the above described Easterly boundary; bounded on the southerly side by the Southerly line of said Lot "A" produced Westerly; and bounded on the Northerly side by the Northerly line of said Lot "A" produced Westerly; also together with the strip of land lying East of the sea wall between the Northerly and southerly lines of said Lot "A" extended East to the. low water mark of the Atlantic Ocean, as shown on the Alllended Plat of "The Indian Beach Corporation's Subdivision", recorded in Plat Book 8, Page 61, .of the Public Records of Dade County, Florida; together with all accretion and common law and statutory riparian and littoral rights and submerged lands adjacent and appurtenant to the above described tracts; AND PARCEL.....Li.. Lo.ts 1 and 2, and the South 1/2 of Lot 3, of the bended Pli:lt of "THE INDIAN BEACH CORPORATION'S SUBDIVISION", according to the Pli:lt thereof, recorded in Plat Book 8, Page 61, of the Public Records of Dade County, Florida; together with a strip of land lying Westerly of the unnumbered out-lots which lie Westerly of and opposite to Lots 1 and 2, and the Southerly 50 feet of Lot 3, of th!3.Alllended Plat of "The Indian Beach corporation's SUbdivision", recorded in Plat Book 8, Page 61, of the Public Reqords of Dade County, Florida, bounded as follows: Bounded on the Easterly side by a line parallel to and 125 feet Westerly of the Easterly line of Collins Avenue; bounded on the Westerly side by a line parallel to and 6 feet Westerly of the above described Easterly boundary; boundeq on the Southerly side by the Southerly line of said Lot I, produced Westerly; bounded on the Northerly side by a line parallel to and 50 feet Northerly of the Southerly line of said Lot 3, produced Westerly; together with all accretion and common law and statutory riparian and littoral rights and submerged lands adjacent and appurtenant to the above described tracts; AND PARCEL 3; That part of Government lots 5 and S in Section 23, Township 53 South, Range 42 East, Dade County, Florida, more particularly described as follows: Beginnin~ at a point North 9 degrees 24 minutes East and 575 feet from a concrete monument which is set at the Northeast corner of the intersection of Collins Avenue and 19th street and shown on the Amended Map of Ocean ~.jJl1 01117Il1O L.,V v..... -. - . . . . Front Property of the Miami Beach Improvement Company, according to the Plat thereof recorded in Plat Book 5, at Pages 7 and 8, of the Public Records of Dade County, Florida; thence South 80 degrees 36 minutes East a distance of 275 feet more Or less to the low water line of the Atlantic Ocean; thence Northerly 125 feet more or less along the low water line of the Atlantic Ocean to a point South BO degrees 36 minutes East, 275 feet, more or less, frQm A point which is North 9 degrees 24 minutes East and 125 feet from the Point of Beginning; thence North 80 degrees and 36 minutes West a distance of 275 feet, more Or less, to said point North 9 degrees 24 minutes East and 125 feet from the Point of Beginning; thence South 9 degrees 24 minutes West, a distance of 125 feet of the Point of Beginning. The above described land is also described as the Northerly 125 feet of that certain tract marked and designated "R. p, Van Camp" on the Amended Map of Ocean Front Property of the Miami Beach Improvement Company, as recorded in Plat Book 5, at Pages 7 and 8, of the Public Records of Dade County, Florida, said tract being bounded on the East by the Atlantic Ocean, on the West by the Easterly line of Collins Avenue, and on the South by a line 75 feet North and parallel to the North line of Lot 1, Block 39, of the Amended Map of the Ocean Front Property of the Miami Beach Improvement Company aforesaid, and on the North by a line 200 feet North of and parallel to the Northerly line of said Lot 1, Block 39; together with all accretion and common law and statutory riparian and littoral rights and submerged lands adjacent and appurtenant to the above described tract; MID PARCEL 4; All of that certain tract of land designated as "J,H. Snowden", less the South 64.55 feet thereof, as shown on the Amended Map of the Ocean Front property of the Miami Beach Improvement"Company, according to the Plat thereof, recorded in Plat Book 5, at Page 8, of the Public Records of Dade County, Florida; . Less and exc~pt the portion thereof that is included in the following described parcel: A portion Ollhol cerlaln tracl 01 land deslgnaled as 'J.H. Snowden' lying north 01 and adjoining Loll. Block 40. 01 'Amended Map 01 the Oceon Fronl Property of the Miami Beach Improvement Company., according to the piat thereot. as recorded In plat book. 5 at pages 7 and a. at the public records at Miami. Dade County, Florida. and a portion at said lot 1. Block 40. being more particularly described as tollows: COMMENCE ot the northwest corner at Ihal certain tract at land. designated as IoR.P. Van Camp" as shown on sold "Amended Map at the Ocean Front Property of the Mloml Beoch Improvement CO'!1pany' plat, thence S 07025'11' W. along the weslllne 01 sold 'R.P. Van Camp'llact. and Ihe weslllne 01 LotI. Block 39. at said "Amended Map at the Ocean Front Property at the Miami Beach Improvement Company. plot. said line also being the ea~t rlght.ot-way line' at Collins Avenue, tor 0 distance at 220.45 teet. thence N 62034'49. W, tor a dlslonce or 60.00 teel ta a point on Ihe easlllne at sold Loll. Block 40. salelllne also being the west right-at-way line 01 Collins Avenue. and salel point also being the POINT OF BEGINNING. thence N 37035'00' W. ror a distance 01 35.36 leet, thence.N B2034'49' W. along a line parallel wl1h and 4.55 teet north at, Qs . . measur'ed at ii6nt anOles ro. we soum line of :laid MJ.H. Snowden' tract", for a alstonca of 200.22 feet to Q point on the west Une at said 'J.H. Snowden' tract. said line also celng the east right-ol~way line at Indian Creek. Drive. thence N 04033'25' E, alang Ihe la.1 de.crlbed line, tar a dlslance 01 83.06 leella a poln1 at curvature at a cltculor curve to the d9ht, thence along the orc of sold curve, having a radius 01 50.00 teet. a centlal angle 01 27021'20", for a distance or 23.87 feet to a point on the ore of 0 circular curve to the left being ~on.tangent with the lost described curve and whose radius point bears N 74049'14" E. thence along the arc at 15Qld curve having Q radius 01 75.00 feet. a central angle at 67024'03", for 0 distance 01 88.23 teet 10 the point of tangency. thence $ 82034149M E, along a line parallel with and 64.55 feet north of, as measured at right angles to the south line of said IJ.H. Snowdenl tract. for a distance at 148.91 fee1.lhence N 47019'52' E, tar a dlslance 0110.57 feet, thence S 07025'1 P W. along the eost line of s~!d IIJ.H. Snowdenl tract ond th~ east line ot sold lat 1. Black 40. said Une alsa being Ihe wesl rlghl-a I-way line at Ca!lIns Avenue, lor a distance at 93. t 1 teet 10 the POINT OF BEGI~INING; AND ~CEL 51 A partlan at Collins Avenue (a parllan at which Is alhelWlse knawn as 441h Streel), as shawn an 'Amended Map at the Ocean Franl Praperly at Ihe Miami 8each Improvement Company., according to the plat thereof. as recorded In plat book 5 at pages 7 and 8, and on "Amended Plat of the Indian Beach Corporation's Subdivision ollonds In Gav'l lot. 1-2-3-4-5-6 and.7 at Sec.23 - Twp.53S. - Rge.42E.', accCldlng 10 the pial thereat. as recorded In plat book 8 al page 61 at lhe pUblic records at Miami-Dade Counly. Florida. being mare parllcularly described as tallaws: BEGIN ot the northwest carner of that certain tract of land deslgna1ed as "R.P. Van Camp' as shawn an said "Amended Map at Ihe Ocean Franl Praperly at Ihe Miami Beach Improvement Company. plat. thane.s S 07025111. W, Clang the west line of sold "R.P. Van Camp. tract, said line olso being the sost flght-ot-way line of Collins Avenue. for 0 distance of 125.00 teet, thence N 82034149" W, tor a distance of 60.00 leet la a paint an Ihe east line at lhal cerlaln Iracl at land des.lgnaled as "J.H. Snawden' lying narlh 01 and adjalnlng lal I, 81ack 40, 01 sold 'Amended Map at the Ocean Front Property of the Miami Beach Improvement Company. plot. sold line alsa being the wesl rlghl.al-way line at Collins Avenue. thence N 0702S'1 t" E. alang Ihe lasl described line. far a dlslance at 15.00 teel ta a paint at curvalufe at a chculor curve to the left. thence olong the arc at said curve, having Q radius of 60.00 teet a central angle of 90000'001, tor a dl~tanee at 78.64 feet!Q the point ot 1angency, thence N 82034'49' W, along the north line at sold 'J.H. Snawden' tracl. said line olso being the south right-of-way line at Collins Avenue (otherwise k.nown as 44th slreel). 101 a dlslance af 129.44 teet la a palnl at curvalUre at a cirCUlar curve ta lhe lett. thence along the arc at said curve, having a radIus of 50.00 feet. a centrol angle af 65030'26", for 0 distance at 57.17 feet 10 0 point on the arc of a circular curve 10 the right being non-tangent with the last described cuwe and whose radius point bears N 74049'14' E, lhence alang Ihe arc at sold curve having a radius 01 75.00 feel. a central angle at 24050'24', far a dlslance al 32.52 teet la the palnl at tangency, Ihence N 09039'38" E. tar a dlslance. a1132.85 teet la a polnl 01 cusp, said palnl alsa beIng a point on the arc of a circular curve to the left whose radius point bears S 80020'22" E. thence along the arc 01 sa lei curve having a (Qdlus of 72.40 feat a central angle at 92014'27", for a distance at 116.56 feet to the point of tangency, thencs'S 62034'49" E. along the ~outh line of Trect "A" as shown on said "Am ended Pial at Ihe Indian 8each Carparallan's Subdlvlslan 01 lands In Gav'l lais 1-2-3-4-5-6 and 7 or Sec.23 - Twp.53S. - Rge.42E.' plat, sold line also being the north llght.al-way line at Call1ns Avenue (alhelWlse knawn as 441h streel), lar a distance at 213.10 feel la lhe POINT OF BEGINNING; l 20025PCiJ 716 . 1lI1CO..oou...___ ClI'lW:V;CO<.MY, ~ "ECQIlD _PIeD I HARVEY RUVIN CLERK ClRCVIT COURT ,.~'-"~~~