30. Insurance Anti-Coercion Statement - Vista Breeze
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INSURANCE ANTI-COERCION STATEMENT FOR REAL OR PERSONAL
PROPERTY
THE FOLLOWING STATEMENT IS REQUIRED UNDER RULE 69B-124.002
OF THE RULES AND REGULATIONS PROMULGATED BY THE
CHIEF FINANCIAL OFFICER OF THE STATE OF FLORIDA
RELATIVE TO ANTI-COERCION
The Insurance Laws of this State provide that the Initial Funding Lender, Bank of America,
N.A., may not require the Borrower to take insurance through any particular insurance agent or
company to protect the mortgaged property.
The Borrower, subject to the rules adopted by the Chief Financial Officer, has the right to
have the insurance placed with an insurance agent or company of his choice, provided the company
meets the requirements of the Initial Funding Lender. The Initial Funding Lender has the right to
designate reasonable financial requirements as to the company and the adequacy of the coverage.
I have read the foregoing statement, or the rules of the Chief Financial Officer relative
thereto, and understand my rights and privileges and those of the Initial Funding Lender relative
to the placing of such insurance. I have selected Zurich American Insurance Company to write the
hazard insurance covering the property described in Exhibit A attached hereto.
Dated as of December 15, 2023.
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Vista Breeze
Insurance Anti-Coercion Statement
Ex A-1
EXHIBIT A
LEGAL DESCRIPTION
That leasehold estate created by that Second Amended and Restated Ground Lease, by and
between Vista Breeze, Ltd., a Florida limited partnership, and the Housing Authority of The City
of Miami Beach, a public body corporate and politic, as evidenced by that Amended and Restated
Memorandum of Lease to be recorded over the following described lands:
PARCEL 1:
LOT 3, 4 and 5, Block 55, OF NORMANDY GOLF COURSE, ACCORDING TO THE PLAT
THEREOF, AS RECORDED IN PLAT BOOK 44, AT PAGE 62, OF THE PUBLIC RECORDS
OF MIAMI-DADE COUNTY, FLORIDA.
PARCEL 2:
LOTS 6, 7 and 8, BLOCK 56, NORMANDY GOLF COURSE SUBDIVISION, ACCORDING
TO THE PLAT THEREOF RECORDED IN PLAT BOOK 44, PAGE 62, OF THE PUBLIC
RECORDS OF MIAMI-DADE COUNTY, FLORIDA.