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Letter #20 ./IL/~.. rff~ ~k tJok~. ~k ~,y~ .A/:.o ?Y-..t, </1:.0 ~-..t g;~, 4Enla 'YF~. ~{/. f~~.. ,qj~, :!J}~ .~~ dC~ ~,~~ g;~, rffr ~ ~,Bf~f#~~ ~~a/~ pgtJtJ~. ~~ PtJlJtdA YJ~ YJ~ ~; y~ ~~/~I September 20, 1996 y~ (Jo.5) .5Ti-8J()O .y~ (Jo.5) .J.58-f.l/-!.5 305.577.7710 Hughes Hubbard & Reed LLP, as Agent for Chicago Title Insurance Company Miami Center 201 South Biscayne Boulevard Suite 2500 Miami, Florida 33131 Re: Chicago Title Insurance Company Title No. CTR-2404A Ladies and Gentlemen: In connection with the above-referenced title matter, on behalf of our clients, the City of Miami Beach (the "Citv") and the Miami Beach Redevelopment Agency (the "Agency"), we hereby deliver to you the documents listed below to be recorded against the property described therein in the Public Records of Dade County, Florida in the following order: 1. Quit-Claim Deed, dated as of September 20, 1996, between the City, as Grantor, and the Agency, as Grantee; and 2. Garage Easement Agreement, dated as of September 20, 1996, between the Agency, as Owner, and MB Redevelopment, Inc. ("MB"), as Grantee. OOB:(04914.lXX:S. MIAMIITI11.E_ COMPA.NY _Lllt_ GAIlAGE.2. ~.Rf~fF0~ Hughes Hubbard & Reed LLP September 20, 1996 Page 2 Please indicate your acceptance to the foregoing and your receipt of the above- mentioned documents by signing in the space provided below. Very truly}fours, />~~ //" - ...-~----.., -/~,..~. -- ./ . . .'- / //Luis Reiter ACCEPTED AND AGREED TO THIS 20TH DAY OF SEPTEMBER, 1996: CHICAGO TITLE INSURANCE COMPANY BY: Hughes Hubbard & Reed LLP, Agent By: 008:104914. DOCS. MIAMlrrrn...E_ COMPANY _L11l._ OARAGE.2 J21,/~.. Ifkwku/ t1k If~, tl'k ~.Y~ ,./1{a< ry~, ur~ ry~ 9~, .4ona /Yf/~, !iJ:~ f~~.. ~. ~, ;?g,~ &8~~ ~.~~. .3'~, -G'~,~ ~,~~Pl5~ ~~a/~ 2gtJtJO/~. -tf~ 2tJI fcad YJ~ YJ~ ~; y~ SSISI September 20, 1996 .Y~ pes) 57J-6'7ee J~ pes) .J56'-I/I-!5 305.577.7710 Hughes Hubbard & Reed LLP, as Agent for Chicago Title Insurance Company Miami Center 201 South Biscayne Boulevard Suite 2500 Miami, Florida 33131 Re: Chicago Title Insurance Company Title No. CTR-2404 Ladies and Gentlemen: In connection with the above-referenced title matter, on behalf of our clients, the City of Miami Beach (the "City") and the Miami Beach Redevelopment Agency (the "Agency"), we hereby deliver to you the documents listed below to be recorded against the property described therein in the Public Records of Dade County, Florida in the following order: 1. Declaration of Covenants and Restrictions, dated as of September 20, 1996, by the Agency, as Owner; 2. Agreement of Lease, dated as of September 20, 1996, between the Agency, as Owner, and MB Redevelopment, Inc. ("MB"), as Tenant, and joined in by the City for the limited purposes provided for therein; 3. Bill of Sale, dated as of September 20, 1996, from the Agency, as Seller, to MB, as Buyer; fXlB:[049l14.IX>CS. MIAMI]'J11U _ COMPANY ~ L11t. _"0TEL 2 ~,K/~~~~ Hughes, Hubbard & Reed LLP September 20, 1996 Page 2 4. Declaration of Condominium for the Loews Miami Beach Hotel, a Condominium, dated as of September 20, 1996, between MB, as Developer, and the Agency; 5. Condominium Unit Lease, dated as of September 20, 1996, between the Agency, as Owner, and MB, as Tenant; and 6. Easement Agreement, dated as of September 20, 1996, made by the Agency and the City, and joined in and consented to by MB. Please indicate your acceptance to the foregoing and your receipt of the above- mentioned documents by signing in the space provided below. Very truJ.ryours, . -/ ~s Rei, / ACCEPTED AND AGREED TO THIS 20TH DAY OF SEPTEMBER, 1996: CHICAGO TITLE INSURANCE COMPANY BY: Hughes Hubbard & Reed LLP, Agent BY:.- William H. Weber, Partner 008:104914. DOC'S.MIAMlrrrn.E_ COMPANY _LTR_H<>TEL1