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Special Warranty Deed " Prepared by, record, and return to: Joel N. Minsker, Esq. of Bloom & Minsker, P,L. 1110 Brickell Avenue, Suite 700 Miami, FL 33131-3107 (Space Reserved for Clerk of Court) Property Appraiser's No. RP Land: 02-3234-019-0960 Property Appraiser's No. Shorecrest Land: 02-3234-019-0951 SPECIAL WARRANTY DEED THIS SPECIAL WARRANTY DEED is made this /<{~ay of February, 2005, between MIAMI BEACH REDEVELOPMENT AGENCY, a public body corporate and politic (the "Grantor") and ROYAL PALM HOTEL PROPERTY, LLC, a Delaware limited liability company (the "Grantee"), having an address at WIT N E SSE T H: That the Grantor, for and in consideration of the sum of Ten and No/100 ($10.00) Dollars to it in hand paid by Grantee and other good and valuable consideration, the receipt whereof is hereby acknowledged, has granted, bargained, sold, and conveyed to the Grantee, and by these presents does hereby grant, bargain, sell, and convey unto Grantee, its successors and assigns forever, that certain real property lying and being in the County of Miami-Dade, State of Florida, more particularly described as set forth in Exhibit A, attached hereto and made a part hereof (the "Property"). SUBJECT TO THE FOLLOWING: 1. Taxes and assessments for the year 2004 and subsequent years; and 2. Conditions, restrictions, limitations, easements, reservations, assignments and instruments of record, but this provision shall not operate to reimpose same; and 3. Zoning, building, and all other governmental regulations. TOGETHER, with all easements, tenements, hereditaments and appurtenances thereto belonging or in anyway appertaining. TO HAVE AND TO HOLD, the same in fee simple forever. And Grantor does hereby fully warrant the title to all of the Property and will forever defend the same against the lawful claims of all persons claiming by, through, or under Grantor. IN WITNESS WHEREOF, the Grantor has caused this Special Warranty Deed to be executed as of the day and year first above written. WITNESSES: ~~~. ~~ ~l>l~r,,-- ~~T~~ /!l~{ T !1;t ../ GRANTOR: CH REDEVELOPMENT AGENCY, Y orporate and politic DAVID DERMER Chairman ATT:J11 ~ By: I Ut A' it"- Llw.- ROBERT PARCHER Secretary 1700 Convention Center Drive Miami Beach, FL 33139 STATE OF FLORIDA COUNTY OF MIAMI-DADE ss: The foregoing instrument was acknowledged before me this.JI. day of February, 2005 by David Dermer, as Chairman and Robert Parcher, as Secretary of MIAMI BEACH REDEVELOPMENT AGENCY. They are personally kno n to me or produced a valid driver's license as identification. ~ ROVED AS TO FORM & LANGUAGE & FOR EXECUTION My commission expires: m --~ i .. NoIaIy PublIc . state or FIaIIda i' '~\.''''\~r.b15.2l11>> . 'l..... .... Commlltlon ill DO 362911 , .......... IlondIdIvNalonalNolarvAlm 2 F:/Minsker/C.M.B.lCrownePlaza/Conveyancing Docs/Special Warranty Deed Agency RP V2.doc AM u.f\_Q'.~';.. )..-' ;:-04) ~-l,. Date General couns&\i~ v. . EXHIBIT A DESCRIPTION OF THE LAND RP LAND The South 12,65 feet (measured along the lot line) of Lots 7 and 14, all of Lots 6 and 15 and the North 10.0 feet (measured along the lot line) of Lots 5 and 16, all in Block 56, of FISHER'S FIRST SUBDIVISION OF ALTON BEACH, according to the plat thereof, as recorded in Plat Book 2, at Page 77, of the Public Records of Dade County, Florida, together with that certain parcel of land lying East and adjacent to the above described parcel; said parcel bounded on the South by the South line of the above described parcel extended Easterly; bounded on the North by the North line of the above described parcel extended Easterly; bounded on the East by the Erosion Control Line of the Atlantic Ocean and bounded on the West by the East line of the above mentioned Block 56, SHORECREST LAND The South 40.00 feet (measured along the lot line) of Lots 5 and 16 and the North one-half of Lots 4 and 17, all in Block 56, of FISHER'S FIRST SUBDIVISION OF ALTON BEACH, according to the plat thereof, as recorded in Plat Book 2, at Page 77, of the Public Records of Dade County, Florida, together with that certain parcel of land lying East and adjacent to the above described parcel; said parcel bounded on the South by the South line of the above described parcel extended Easterly; bounded on the North by the North line of the above described parcel extended Easterly; bounded on the East by the Erosion Control Line of the Atlantic Ocean and bounded on the West by the East line of the above mentioned Block 56, All lands described above located, lying and being in Section 34, Township 53 South, Range 42 East, in the City of Miami Beach, Dade County, Florida.