Loading...
HomeMy WebLinkAbout07 Parking License " 6J ~ This Instrument Prepared By: Thomas V. Eagan, PA Steel Hector & Davis LLP 4000 First Union Financial Center Miami, Florida 33131-2398 SA 4.2.1.3.1 ~ . PARKING LTCE~ ~ This Parkin,g License (the "License") is execut~ day of ~ 191- by and among West Side Partners, Ltd., a Florida limited partnership ("West Side"), as the owner of the southern portion ofSSDI South (as more particularly described in Exhibit A attached hereto and made a part hereof) and SSDI North (as more particularly described in Exhibit B attached hereto and made a part hereof), Sun & Fun, Inc., a Florida corporation ("Sun & Fun"), and Beachwalk Development Corporation, a Florida corporation ("Beachwalk"), as the owners of Goodman Terrace (as more particularly described in Exhihit C attached hereto and made a part hereof), East Coastline Development, Ltd., a Florida limited partnership ("East Coastline"), as the owner of the Alaska Parcel (as more particularly described in Exhibit D attached hereto and made a part hereof), and Azure Coast Development, Ltd., a Florida limited partnership ("Azure"), as owner of the Hinson Parcel (as more particularly described in Exhibit E attached hereto and made a part hereof) (West Side, Sun & Fun, Beachwalk, East Coastline and Azure hereinafter sometimes collectively referred to as the "Licensor"), and the City of Miami Beach, Florida, a Florida municipal corporation (the "City") and the Miami Beach Redevelopment Agency, a Florida public agency organized and existing pursuant to the Community Redevelopment Act of 1969, Chapter 163, Part III, Florida Statutes, as amended (the."Redevelopment Agency"), (the City and the RedeveloPment Agency are hereinafter sometimes collectively referred to as the "Licensee"). r~AlKIlflDUI: rAftf G~ . WITNE SSE TH: WHEREAS, in order to resolve the controversies and the litigation involving SSDI North, SSDI South, and the Core Parcel (the legal description for the Core Parcel being more particularly . described in Exhibit F attached hereto and made a part hereof), the City and the Redevelopment Agency entered into a stipulation and order ("Order") in South Shore Developers Inc et III v Ci~ of Miami Beach et al , Case No. 82-24526 (19) (Fla. 11th Cir. Ct. 1982) which was approved by the 11 th Judicial Circuit in and for Miami-Dade County, Florida (the "Court") on July 8, 1985, and the Court retained jurisdiction over the parties and subject matter in order to assure compliance with the terms of the Order. Pursuant to the Order, the City and Redevelopment Agency ratified certain judgments and entered into a series of agreements with South Shore Developers, Inc. ("SSDI") pertaining to the purchase, ownership and development rights of SSDI South and SSDI North, and which, in part, dealt with certain duties and obligations relating to the Marina and Core Parce~ pursuant to the following documents: 1. A Contract of Sale from the City and Redevelopment Agency, as sellers thereunder, in favor ofSSDI as purchaser thereunder, dated July 24, 1985, and recorded July 31, 1985, in OR Book 12590, at Page 2795, as amended by Amendment of Contract of Sale dated April 17, 1986, and recorded April 30, 1986, in O.R. Book 12873, at Page 2602, all in the Public Records of Miami-Dade County, Florida, pursuant to which the City and Redevelopment Agency agreed to sell to SSDI two (2) tracts ofland commonly referred to as "SSDI South" and "SSDI North" (the "Contract of Sale"); 2. A Final Judgment for monetary damages with interest thereon dated September 18, 1984, as recorded in OR Book 12276, at Page 2258, and a certified copy of which 'Io\~_. - _ABIIII7Iut' 2 . was recorded in O.R. Book 16289, at Page 1495, together with a judgment for attorneys' fees dated September 23, 1986, as recorded in OR Book 13033, at Page 1235, and a certified copy of which was recorded in OR Book 16293, at Page 1045, . all in the Public Records of Miami-Dade County, Florida (collectively, the "Judgments"); 3. A Mortgage from the Redevelopment Agency to SSDI encumbering both SSDI South and SSDI North as security for the payment of the Final Judgment referred to in subparagraph 2 above and to ensure the performance by the City of its obligations under the Order and other documents, which Mortgage was dated July 24, 1985, and recorded on July 31,1985, in OR Book 12590, at Page 2786, of the Public Records of Miami-Dade County, Florida (the "Mortgage"); 4. A Development Agreement dated as of April 17, 1986, and recorded in O.R. Book 12873, at Page 2612, of the Public Records of Miami-Dade County, Florida, by and among the City, the Redevelopment Agency, and SSDI and established in order to define the rights and obligations of the parties relating to the development of SSDI North and SSDI South (the "1986 Development Agreement"); and 5. A Parking Agreement dated as of April 17, 1986, and recorded in O.R. Book 12873, at Page 2731, of the Public Records of Miami-Dade County, Florida, by and among the City, the Redevelopment Agency, and SSDI, as further amended by letter agreement dated April 17, 1986, pursuant to which the parties established certain rights and obligations with respect to the construction, cost, purchase, maintenance 'Io\~_ut' 3 . and operation of certain parking spaces to be located on SSDI North and SSDI South (the "1986 Parking Agreement"). The Order and other documents described in sub-paragraphs (1) through (5) above are . hereinafter sometimes collectively referred to in this Agreement as the" 1986 SSDI Documents"; and WHEREAS, all of the rights of SSDI under the 1986 SSDI DocUments hllve been sold and assigned to West Side as evidenced by that certain Assignment and Assumption of Mortgage and Other Documents dated April 6, 1994, and recorded April 7, 1994, in O.R. Book 16313, Page 1077, of the Public Records of Miami-Dade County, Florida (the "Assignment and Assumption of Mortgage and Other Documents"); and WHEREAS, the City, as landlord, and Carner-Mason Associates, Ltd., as Lessee, entered into a Lease Agreement dated June 24, 1983, as amended by a First Amendment dated October 23, 1991 (the "First Amendment to the Marina Lease"), a Second Amendment dated August 11, 1994 (the "Second Amendment to the Marina Lease"), a Third Amendment dated May 27, 1997 (the "Third Amendment to the Marina Lease"), and a Fourth Amendment dated April 15, 1998 (the "Fourth Amendment to the Marina Lease"); said Lease Agreement, as amended, hereinafter sometimes collectively referred to as the "Marina Lease"; and WHEREAS, all of the rights of the lessee under the Marina Lease are currently held by Miami Beach Marina Associates, Ltd., a Florida limited partnership ("MBMA"); and WHEREAS, West Side, East Coastline Development, Ltd., a Florida limited partnership ("East Coastline"), 404 Investments, Ltd., a Florida limited partnership ("404 Investments"), Azure Coast Development, Ltd., a Florida limited partnership ("Azure"), Beachwalk Development Corporation, a Florida corporation ("Beachwalk"), Portofino Real Estate Fund, Ltd., a Florida 'Io\~~__ue 4 . limited partnership ("Portofino Real Estate Fund"), St. Tropez Real Estate Fund, Ltd., a Florida limited partnership ("St. Tropez"), and Sun & Fun, Inc., a Florida corporation ("Sun & Fun"), which are owned and/or controlled directly or indirectly by the same principal (hereinafter sometimes collectively referred to as the "Porto fino Entities" or individually, as a "Porto~no Entity"), the City and the Redevelopment Agency entered into that certain agreement dated November 7, 1995, which was recorded in Official Records Book 16987, at Page 1197 of the Public Records of Miami-Dade County, Florida (the" 1995 Development Agreement"); and WHEREAS, the 1995 Development Agreement provided, among other things, for closing on various parcels in three stages: (i) the first closing resulted in the conveyance of the northern portion of SSDI South to the Yacht Club at Portofino, Ltd., a Florida limited partnership (the "YCAP") and the southern portion of SSDI South to West Side, (ii) the second closing resulted in the conveyance to the City of certain other properties described in the 1995 Development Agreement, as well as the conveyance of the Goodman Terrace Parcel to a Portofino Entity, as described in the 1995 Development Agreement; and (iii) the third and final closing (the "Final Closing") was to involve the release of certain rights and obligations with respect to SSDI North and the conveyance of additional property to the Porto fino Entities, all predicated upon the timely obtaining of certain final approvals, as described in the 1995 Development Agreement (the "1995 Final Approvals"); and WHEREAS, the Final Closing referenced in the preceding paragraph did not occur, the 1995 Final Approvals were not timely obtained, and on June 20, 1997, West Side terminated the 1995 Development Agreement, except for those provisions of the 1995 Development Agreement which said agreement expressly provides are to survive; and '\A~AI&lIIOJUC 5 WHEREAS, the City and the Redevelopment Agency on the one hand, and the Portofino Entities on the other hand, disagreed over their respective responsibilities, obligations and rights arising out of the surviving provisions of the 1995 Development Agreement; and . WHEREAS, on November 5, 1997, West Side filed with the Court an Emergency Motion to Enforce Court-Approved November 7, 1995 Development Agreemenfand for Contempt against the City and Redevelopment Agency in the I lth Judicial Circuit in and for Miami-Dade County, Florida, Case No. 82-24526-CA-30, in the case styled West Side Partners Ltd a Florida limited partnership Plaintiff vs City of Miami Beach Florida a Florida municipal cOl:poration and the Miami Beach Redevelopment Aiency a Florida municipal aiency Ofianized and existini pursuant to the Community Redevelopment Act of 1969 Defendants, seeking to enforce certain of the surviving provisions ofthe 1995 Development Agreement and to request other relief set forth in said motion (the "1997 Litigation"); and WHEREAS, the City, the Redevelopment Agency and West Side have agreed to settle the 1997 Litigation, and in connection with said settlement, said parties have entered into a Settlement Agreement (the "Settlement Agreement"), and pursuant to the Settlement Agreement, West Side has agreed to execute and deliver this License; and WHEREAS, West Side continues to own and hold all of the rights ofSSDI under the 1986 SSDI Documents, as sold and assigned to West Side pursuant to the Assignment and Assumption of Mortgage and Other Documents, West Side has not assigned or pledged its interests under the 1986 SSDI Documents to any party, and accordingly, West Side has full authority and capacity to enter into, execute and deliver this License without the need to secure any consent, release or joinder of any other party; and .....TtIXPt._J...J.- -AaltIIfInuc 6 WHEREAS, West Side, as the owner of the southern portion ofSSDI South and SSDI North, Sun & Fun, and BeachwaIk, as the owners of Goodman Terrace, East Coastline, as the owner of the Alaska Parcel, and Azure, as owner of the Hinson Parcel, continue to own said parcels, the Licensor . has not conveyed, assigned or pledged its interests in said parcels to any party, except in the case of SSDI South, which has been mortgaged to City National Bank of Florida, II national banking association, and the Alaska Parcel, Hinson Parcel and Goodman Terrace, which have been mortgaged to Mellon United National Bank; and WHEREAS, City National Bank of Florida, as to SSDI South, and Mellon United National Bank, as to the Alaska Parcel, have consented to the granting of this License, and have subordinated their first lien interest in said parcels, pursuant to the Consent and Subordinations attached to this License, and accordingly, Licensor has full authority and capacity to enter into, execute and deliver this License without the need to secure any additional consent, release or joinder of any other party. NOW, THEREFORE, in consideration of the settlement of the 1997 Litigation and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Licensor agrees as follows: 1. Recitals. The foregoing recitals are true and correct and are incorporated herein by reference. 2. 1 -icense. Licensor hereby grants to the Licensee a license for not less than four hundred thirty-six (436) surface parking spaces, as well as such additional parking spaces as are reclaimed at such time as the City removes the Pump Station located on SSDI North, together with unencumbered access thereto, on SSDI North, and, if and to the extent that some of the parking spaces on SSDI North are not available for surface parking use, pursuant to the terms of this License, ,....TIOUYt.<Iy..__ --_u: 7 then on the Alaska Parcel, Hinson Parcel, Goodman Terrace Parcel and the southern portion of SSDI South, excluding the northerly portion ofSSDI South where the development known as the Yacht Club is currently under construction (Alaska Parcel, Hinson Parcel, Goodman Terrace Parcel and . the southern portion of SSDI South are hereinafter sometimes collectively referred to the "Portofino Parcels"), such surface parking to be used by MBMA or any subsequent lessee of the Marina (their successors and assigns, as applicable) (collectively, the "Marina Lessee"), without any payment of rent by the Licensee or the Marina Lessee; provided, however, that the Licensor shall not be required to provide a consent and subordination agreement from Mellon United National Bank as the holder of the mortgage(s) encumbering the Hinson Parcel and/or the Goodman Terrace Parcel. Initially, all of the surface parking spaces shall be located on SSDI North; provided, however, that at such time as West Side commences an environmental audit or environmental remediation, or commences construction on SSDI North, all pursuant to the provisions of this License, so that a portion of SSDI North is not available to be used for such surface parking, then such surface parking spaces which are temporarily unusable on SSDI North shall be transferred during said period of time to one or more of the Porto fino Parcels, in the reasonable discretion of the Licensor. Prior to the transfer of surface parking spaces from SSDI North to one or more of the Portofino Parcels, the Portofino Parcels may be used by their respective owners for any lawful purpose not inconsistent with the Licensor's obligation to provide surface parking on said parcels pursuant to the terms and provisions of this License, and the Licensor shall not otherwise fail to act or to take any action regarding the Portofino Parcels that would in anyway frustrate the rights granted in this License. The rights granted in this License in connection with the use of the southern portion ofSSDI South shall be subject to its current uses for a staging area for the construction of the Yacht Club, and to provide ,IATTlI\l,a\.A 1011 .--__uc 8 fifty (50) temporary surface parking spaces for use by the Marina Lessee, and said rights granted under this License shall terminate as to the southern portion of SSDI South at such time as Licensor commences construction of the building to be constructed thereon pursuant to the concept plan . referenced in the 1986 SSDI Documents in its current form, as last approved by the City, as said concept plan may be further amended by the parties hereto, and approved by the City, from time to time (the "Concept Plan"). 3. Construction SeQuencini on SSDI North. In order to minimize the disruption to the operation of the Marina during the period that West Side is conducting an environmental audit or environmental remediation or constructing a Project (as hereinafter defined) on SSDI North pursuant to the Concept Plan, West Side agrees as follows: 3.1 Proiects. Two high rise towers, each with related amenities (each tower, plus related amenities shall be considered a "Project," while both towers and related amenities shall be considered the "Projects") will be constructed on SSDI North on the sites shown on the Concept Plan, and that each such site shall not be materially changed as to the size of the land area encompassed thereby, without securing an appropriate amendment to the Concept Plan. The Project lying to the north shall be considered the Project being built on the northerly portion of SSDI North and the Project lying to the south shall be considered the Project being built on the southerly portion ofSSDI North, and neither Project will be constructed at the same time (ii:., after West Side elects to commence the construction of either the Project to be built on the northerly portion of SSDI North or the Project to be built on the southerly portion ofSSDI North, at West Side's option, West Side must complete the construction of the first Project on SSDI North and deliver to the Licensee (for use by the Marina Lessee) the parking spaces required in connection with said Project pursuant to '1o\~_......1MI:JtUC 9 the building plans approved by the City, prior to commencing construction on the second Project on SSDI North), nor will environmental remediation be conducted on SSDI North which will result in the Marina Lessee being unable to use parking spaces on one site for a Project at the same time that . the other site for a Project is either under construction or environmental remediation (it being the intention and agreement of the parties hereto that the Licensee not lose parKing on all of SSDI North at the same time, but only on one site at a time); provided, however, that upon providing the written notice described below and providing additional (paved or unpaved) parking spaces on the Porto fino Parcels for the number of par king spaces temporarily unavailable on SSDI North as a result thereof, West Side may commence a de minimis environmental remediation that involves ten (10) or less parking spaces (in the aggregate) and does not interfere with vehicular access to the subject parcel or in a material fashion disrupt the operation of the Marina ("Spot Remediation") at the same time that the other site for a Project is either under construction or environmental remediation. 3.2 Notice. West Side shall provide not less than 10 days written notice to the City, the Redevelopment Agency and the Marina Lessee of the date when any environmental audit will be conducted, and not less than 90 days written notice to the City, the Redevelopment Agency and the Marina Lessee of the date when any required environmental remediation on SSDI North will commence, and not less than 90 days written notice to the City, the Redevelopment Agency and the Marina Lessee of the date when it shall commence construction on SSDI North. 3.3 Staiini. When constructing a Project on either the northerly portion of SSDI North or the southerly portion ofSSDl North pursuant to the Concept Plan, West Side shall not stage the construction on more than three lots contiguous to said site; provided, however, that the l50-Foot Easement Area more particularly described on Exhibit G attached hereto and made a part hereof, '\A~_. .- __ue 10 may not be used for construction or construction staging purposes, except as otherwise specifically provided in that certain I 50-Foot Easement granted by West Side to the City of even date herewith. 3.4 Restoration. In the event that the Project that is first constructed on SSDI North is completed and the appropriate certificate of occupancy issued, and West Side has not yet given its written notice in connection with an environmental remediation for"the second Project, or in connection with the commencement of construction for the second Project, then West Side shall clean and restore that portion of SSDI North used for staging in connection with the first Project, so that said area may again be provided to the Li<:ensee (for use by the Marina Lessee) for surface parking, pursuant to the provisions of this License, until such time as West Side commences the environmental remediation or the construction of the second Project, and in the event that West Side has completed any environmental remediation on SSDI North, and West Side has not given its written notice in connection with any additional environmental remediation on SSDI North, or in connection with the commencement of construction on SSDI North, then West Side shall clean and restore, at its cost and expense, that porti9n of SSDI North previously used for environmental remediation, so that said area may again be provided to the Licensee (for use by the Marina Lessee) for surface parking, pursuant to the provisions of this License, until such time as West Side commences any construction or additional environmental remediation on SSDI North. 4. Partial Release and Tennination: 4.1 Partial Release. West Side or any other Portofino Entity may seek a release for any of the Portofino Parcels from the obligation to provide land for surface parking, as set forth in this License and the Licensee shall not unreasonably withhold or delay its consent to such partial release, provided that West Side can reasonably demonstrate to the Licensee that there is sufficient r"'~~uc 11 land on other Portofino Parcels (and reasonable access to such land for the purpose of surface parking) which shall remain subject to the obligation to provide land for surface parking pursuant to this License in order to accommodate the existing and future surface parking requirements under . this License; provided, however, that: (i) the southern portion of SSDI South shall be released by the Licensee from. the obligation to provide land for surface parking, as set forth in this License, upon West Side commencing construction of the improvements contemplated pursuant to the Concept Plan on the southern portion of SSDI South, (ii) that the Alaska Parcel may not be released from this License pursuant to the provisions of this Section 4.1, and (iii) in the event that the Licensee fails to respond on or before fifteen (15) days after receiving written request from West Side or any other Portofino Entity (with a copy simultaneously sent to the Marina Lessee) for a release for any of the Portofino Parcels (except for the Alaska Parcel), then such failure to respond shall be deemed a consent by the Licensee to such release, and the parcel described in said written request shall be automatically released, from the terms and conditions of this License. 4.2 Termination. This License shall expire at such time as West Side completes and delivers to the Licensee all of the parking spaces to be located on SSDI North and SSDI South, as set forth in the Settlement Agreement; provided, however, if the City acquires title to the Alaska Parcel, then the substitute of surface parking spaces which otherwise would have been provided by Licensor and located on one or more of the Portofino Parcels, shall then be provided by the City on the Alaska Parcel, and this License shall expire as to the PortofinoParcels. 5. Entire Aweement. This License constitutes the entire agreement between the parties hereto with respect to the subject matter hereof. Except as set forth herein, there are no promises, representations, or understandings between the parties of any kind or nature whatsoever. '\A~....x&McnUC 12 ",. 6. Countelllarts. This instrument may be executed in any number of counterparts, each of which shall be deemed an original for all purposes and all of which shall be one and the same document. . 7. Severabili~. If any provision or portion thereof of this License is declared or found by any court of competent jurisdiction to be unenforceable or null and void, such provision or portions thereof shall be deemed stricken and severed from this License, and the remaining provisions and portions thereof shall continue in full force and effect. If a portion is so stricken, it is the intention of the parties that the court give such provision its nearest valid and legal meaning. 8. Conflict of Law. This License shall be construed and governed in accordance with the laws of the State of Florida without application of the conflict of law principles. All of the parties to this License have participated fully in the negotiation and preparation hereof; and, accordingly, this License shall not be more strictly construed against anyone of the parties hereto. 9. Amendment. This License shall not be modified, altered or amended except by an instrument in writing signed by or on behalf of the parties hereto. 10. Assivnment. The Licensee shall not assign, transfer or otherwise encumber this License, or any interest herein, to any other person or entity except the Licensee may allow the Marina Lessee to use surface parking on SSDI North and the Portofino Parcels, in accordance with the provisions of this License. Any other attempt to assign, transfer or encumber or any assignment, transfer or encumbrance of this License in violation hereof shall be void and unenforceable. 11. Notices Any notices required or permitted to be given under this License shall be in writing and shall be deemed to have been given if delivered by hand, sent by recognized overnight .\ton'OU\'tlPOn!l~UUfClJue 13 courier (such as Federal Express) or mailed by certified or registered mail, return receipt requested, in a postage prepaid envelope, and addressea as follows: If to the City or Redevelopment Agency at: 1700 Convention Center Drive Miami Beach, Florida 33139 . Attn: City Manager With copies to: 1700 Convention Center Drive Miami Beach, Florida 33139 Attn: City Attorney and Steel Hector & Davis LLP 4000 First Union Financial Center Miami, FL 33131 Attn: Thomas V. Eagan, P.A. and in connection with notice of the date West Side shall commence construction or environmental remediation on. any portion of SSDI North Miami Beach Marina Associates, Ltd. Miami Beach Marina 300 Alton Road Miami Beach, FL 33139 Attn: Robert W. Christoph with copy to: Carter McDowell, Esquire Bilzin Sumberg Dunn & Axelrod LLP 2500 First Union Financial Center Miami, Florida 33131 If to the Portofino Entities or anyone or more of them: 404 WaShington Avenue Miami Beach, Florida 33139 Attn: Margaret Nee .v.~""'ue 14 '. With a copy to: Greenberg, Traurig, P.A. 1221 Brickell Avenue Miami, Florida 33131 Attn: Matthew B. Gorson, Esq. Notices personally delivered or sent by overnight courier shall be deell!ed given on the date of delivery and notices mailed in accordance with the foregoing shall be deemed given three (3) days after deposit in the U.S. mails. 12. Indemnification. By execution ofthe Joinder attached hereto, the Marina Lessee (on behalf of itself and its successors and assigns) consents and agrees to abide by the terms and conditions of this License, and hereby indemnifies Licensor and the Licensee and holds Licensor and the Licensee harmless from any costs, expenses (including, but not limited to attorneys' fees and court costs, at the trial court and any appellate levels) and damages relating to death of or injury to persons, or loss of or damage to property, including, but not limited to, any violation by the Marina Lessee, its invitees, agents, employees, guests, lessees or licensees of any laws, rules, regulations or ordinances regarding hazardous materials, hazardous wastes, hazardous substances, solid waste or pollution, whether now existing or hereafter enacted or promulgated, as they may be amended from time to time ("Environmental Laws"), any presence, release, or threat of release of hazardous materials, hazardous wastes, hazardous substances, solid waste or pollution, at, upon, under, from or within SSDI North and/or the Portofino Parcels arising out of the activities of the Marina Lessee, its invitees, agents, employees, guests, lessees or licensees, the failure of Marina Lessee, its invitees, agents, employees, guests, lessees or licensees to duly perform any obligations or actions required to be taken under any Environmental Laws, including, without limitation, the imposition by any governmental authority of any lien or so-called "super priority lien" upon SSDI North and/or the 15 '\o\n'O\U\IW-OI([~fl.r - --.uItMOJ1Je Portofino Parcels, any clean-up costs, liability for personal injury or property damage or damage to the environment, and any fines, penalties, and punitive damages, or any fines or assessments arising out of failure of the Marina Lessee, its invitees, agents, employees, guests, lessees or licensees to comply with any laws, rules, regulations or ordinances governing the use of SSDI North and/or the Portofino Parcels for surface parking, which Licensor and/or the LicenSee incur as a result of the Marina Lessee's using SSDI North and/or the Portofino Parcels for surface parking, but excluding any claim resulting from the intentional or negligent acts of the Licensor or the Licensee (and their successors and assigns), and their respective officers, employees, agents or contractors. Marina Lessee (and its successors and assigns) shall defend any such claim asserted against the Licensor, its successors and/or assigns and/or the Licensee, its successors and/or assigns, resulting from, arising out of, or incurred in connection with said use of SSDI North and/or Porto fino Parcels, pursuant to this License; provided, however, that the foregoing indemnity will not negate or in any way abrogate the City's indemnification of the Marina Lessee pursuant to the terms and conditions of Section 3.12 of the First Amendment to the Marina Lease. In such event, the Marina Lessee shall be entitled to select counsel of its choice to defend the claim; provided, however, that the Licensor and/or the Licensee shall be permitted, at its cost and expense, to retain independent counsel to monitor the claim proceeding. Prior to taking possession of SSDI North or any of the Portofino Parcels pursuant to this License, the Marina Lessee shall provide to the Licensee and the Licensor a copy of its liability insurance along with the appropriate endorsement showing the Licensee and the Licensor as additional insureds, which policy shall provide insurance coverage in a commercially reasonable amount for similar types of facilities. In the event that the Marina Lessee fails to provide a copy of the renewal information for said liability insurance policy or policies to the Licensee and 'V.TtOU'lW'CIm:I~AUDalUC 16 Licensor prior to the expiration date of said policy or policies, then the right to use the surface parking spaces on SSDI North and/or any of the Portofino Parcels pursuant to this License shall cease until such time as a copy of said renewal information for said liability insurance policy or policies is provided to the Licensee and the Licensor. . Licensee, or its agents or employees, shall be liable and responsible, to the extent permitted by law, for any costs, liabilities, claims or damages, including, without limitation, reasonable attorneys' fees and disbursements at the trial level and all levels of appeal, relating to death of or injury to persons, or loss of or damage to property including, but not limited to, any violation by the Licensee, its agents or employees of any Environmental Laws, any presence, release, or threat of release of hazardous materials, hazardous wastes, hazardous substances, solid waste or pollution, at, upon, under, from or within SSDI North and/or the Portofino Parcels by Licensee, its agents or employees, the failure of Licensee, agents or employees to duly perform any obligations or actions required to be taken under any Environmental Laws, including, without limitation, the imposition by any governmental authority of any lien or so-called "super priority lien" upon SSDI North and/or the Portofino Parcels, any clean-up costs, liability for personal injury or property damage or damage to the environment, and any fines, penalties, and punitive damages incurred by Licensor, its successors and/or assigns in title to SSDI North and/or any of the Portofino Parcels, and resulting from, arising out of, or incurred in connection with the use of SSDI North and/or any of the Portofino Parcels by Licensee, or its agents or employees, in connection with the license herein granted or such use ofSSDI North and/or any of the Portofino Parcels by the Licensee. Licensee, or its successors and assigns shall defend any and all claims asserted against Licensor, its successors and/or assigns, resulting from, arising out of, or incurred in connection with the use of SSDI North '1A~~AIltlIllnUC 17 and/or any of the Portofino Parcels by Licensee, or its agents or employees, guests, lessees or licensees in connection with the license herein granted or such use of SSDI North and/or any of the Portofino Parcels. In such event, Licensee shall be entitled to select counsel of Licensee's choice to . defend the claim; provided, however, the Licensor shall be permitted, at its cost and expense, to retain independent counsel to monitor the claim proceeding. Notwithstanding anything contained herein to the contrary, neither Licensee nor its successors or assigns shall be obligated or liable to Licensor or any third parties for any costs, liabilities, expenses, losses, claims or damages, including, without limitation, reasonable attorneys' fees or disbursements at the trial level and all levels of appeal, in respect of third party claims relating to death of or injury to persons, or loss of or damage to property, and resulting from, arising out of or incurred in connection with the use of ssm North and/or the Portofino Parcels by Licensee, or its successors and assigns, and their respective agents or employees, in connection with the license herein granted or the use of SSDI North and/or the Portofino Parcels, for amounts in excess of those limitations on the statutory waiver of sovereign immunity provided under Florida Statute ~ 768.28 (or any successor statute thereto), or in respect of claims resulting from the intentional or negligent acts of Licensor, its officers, invitees, lessees, employees, agents, guests, licensees or contractors. In the event that the Marina Lease expires, or is canceled or terminated, and a new lease for the Marina is not immediately entered into, then, for the period of time that there is no Marina Lease or a new lease for the Marina, Licensee shall be liable and responsible, to the extent permitted by law, for any costs, liabilities, claims or damages, including, without limitation, reasonable attorneys' fees and disbursements at the trial level and all levels of appeal, relating to death of or injury to persons, or loss of or damage to property, incurred by Licensor, its successors and/or assigns to the subject property, and resulting from, arising out of, ,....T1'O~~YU""'1 J1 - --'~ue 18 or incurred in connection with the use of the surface parking spaces on SSDI North and/or the Portofino Parcels, pursuant to the terms of this License. Licensee shall defend any such claim asserted against Licensor, its successors and/or assigns, resulting from, arising out of, or incurred in . connection with said use of SSDI North and/or Porto fino Parcels, pursuant to this License. In such event, Licensee shaIl be entitled to select counsel of Licensee's choice to defend the claim; provided, however, that the Licensor shall be permitted, at its cost and expense, to retain independent counsel to monitor the claim proceeding. Notwithstanding anything contained herein to the contrary, Licensee (without limiting in any way the liability of the Marina Lessee) shall not be obligated or liable to Licensor or any third parties for any costs, liabilities, expenses, losses, claims or damages, including, without limitation, reasonable attorneys' fees or disbursements at the trial level and all levels of appeal, in respect of third party claims relating to death of or injury to persons, or loss of, or damage to, property, and resulting from, arising out of or incurred in connection with said use of SSDI North and/or Portofino Parcels pursuant to this License, for amounts in excess of those limitations on the statutory waiver of sovereign immunity provided under Florida Statute ~768.28 (or any successor statute thereto), or in respect of claims resulting from [he intentional or negligent acts of Licensor, its officers, invitees, lessees, employees, agents, guests, licensees or contractors. IN WITNESS WHEREOF, Licensor and Licensee have executed this License as of the date 'l.l~.u&lIRnut' 19 first written above. Signed, sealed and delivered in the presence of: Name: Name: Name: ( Name: '\A~_UC: WEST SIDE PARTNERS, LTD., a Florida limited partnership INC., a Florida By: /kJJ(J j?t:IlJO'; ~;J,/ By: Name: Title: BEACHW ALK DEVELOPMENT CORPORATION, a Florida corp . By: Name: Title: EAST COASTLINE DEVELOPMENT, LTD., a Florida limited partnership INC., a Florida By: r /r2?IJ&; 20 Name' Name: 00;../1/,4.. 'Y7 AZURE COAST DEVELOPMENT, LTD., a Florida limited partnership . By: By: THE MIAMI BEACH REDEVELOPMENT AGENCY, a public agency organized and existing pursuant to the Community Redevelopment Act of 1969, as ame de Chapter 163, Part III Florida Statutes 4 !iJ By: 'tI A APPROVED AS TO FORM & lANGUAGE & .FOR EXECUTION APPROVED AS TO FORM & lANGUAGE & FOR EXECUTION 1/l~ )7:::/?~ .....~_uc 1:!~ General Counsel d,/~p Dote 21 STATE OF FLORIDA COUNTY OF ()J/IJ/l). f)/JIf ) ) SS: ) The foregoing instrumen;ps acknowledged before me this 12/1 day of 1.;Jr,1 , 199f by 1Iiorm1 J'it;re.v as i.kJ of West Side Partners, Inc., a Florida corporation . .. which is a general partner in West Side Partners, Ltd., a Florida limited partnership, on behalf of the corporation and the partnership@she personally appeared before me, is p..rsnnally known to me or produced as identification. . [NOTARIAL SEAL] OFFlOAL NOTARY SEAL STEVEN M HELFMAN NOTARY PUBIJC Sf ATE OF FLORIDA COMMISSION NO. CC7266S1 MY COMMISSION EXP. APR. 14 Notary. Print Name. Notary Public, ate of My commission expires: STATE OF FLORIDA ) ) SS: COUNTY OF fh/IJ/lJl-tllJfR ) The foregoing instrument was acknowledged before me this IJ/l day of ~ ,19 0/ by 1Iwt1J} t'/tJHIW , as !k,/Jif- of Sun & Fun, Inc., a Florida corporation, on behalf of said corporation. ~she personally appeared before me, is personally known to me or produced as identification. OFFICIAL NOTARY SEAL STEVEN M HELFMAN NOTARY PUBIJC Sf ATE OF FLORIDA COMMISSION NO. CC726651 MY COMMISSION EXP. APR. 14 Notary: Print Name: Notary Public, State of My commission expires: [NOTARIAL SEAL] STATE OF FLORIDA COUNTY OF IJJ/tJI!J/'/#Ir ) ) SS: ) ~e foregoing instrument was acknowledged before me this /;1' day of ~ ,19 W 1MI'? frtHK , as lfto,hI- of Beachwalk Development Corporation, a Florida by .v.~~ue 22 corporation, on behalf of said corporation. @&she personally appeared before me, is personally known to me or produced as identification. OFRCIALNarARYSEAL STEVEN M HELFMAN NarARY PUBUC STATE OF FLORIDA COMMISSION NO. CC7266S1 MY COMMISSION EXP. APR. 14 ;002 Notary: Print Name. Notary Public, tate of My commission expires: [NOTARIAL SEAL] STATE OF FLORIDA ) ) SS: COUNTY OF IYJIRPlNJ/B) The foregoing instrument w\ls )lcknowledged before me this /;11 day of;Jm/ ,19 t?fI' by 1h0llf&'J rm1V" as !l!11:Jff::... of East Coastline, Inc., a Florida corporation which is a general partner in East Coastline Development, Ltd., a Florida limited partnership, on behalf of the corporation and the partnership. &ie/she personally appeared before me, is personally known to me nr prod'Jcptl as identification. - --- OFRCIALNarARYSEAL STEVEN M HELFMAN NarARY PUBUC STATE OF FLORIDA COMMISSION NO. CC7266S1 MY COMMISSION EXP. APR. 14 Notary: Print Name: Notary Public, State of My commission expires: [NOTARIAL SEAL] 'IIo~AIZlIIOIUC 23 STATE OF FLORIDA ) ) SS: COUNTY OF m,fJ(l}r iJ8IJf ) The foregoing instrument ~a;; acknowledged before me this /2/f day of ~/ ,19.l! by tkmrIJ fftflt,r as /k4;~ of Azure Coast, Inc., a Florid.a corporation which is a general partner in Azure Coast Development, Ltd., a Florida limited partnership, on behalf of the corporation and the partnershipd:Je!she personally appeared before me, is personally known to Jl;le-Or produced as identification. . [NOTARIAL SEAL] OFFICIAL NafARY SEAL STEVEN M HELFMAN NafARY PUBLIC srATE OF FLORIDA COMMISSION NO. CC726651 MY COMMISSION EXP. APR. 14 Notary: Print Name: Notary Public, State of My commission expires: STATE OF FLORIDA ) / J ' ~ . ) SS: COUNTY OF 1-'1'.1-1 i - nC/ d<. ) A J. The foregl?ing instrument was acknowledged before me this 2J. ~y of~, 1911 by _ /..!!JJs.~ () fA.f1.lttJ as l1.tt.rj)/ of City of Miami Beach, ~ municipal corporation, on behalf of the corporat on. HelsM--personally appeared before me, is personally known to.me or produced as identification. [NOTARIAL SEAL] Notary~t~ Print Name: Notary Public, State of ~ri elL . My commission expires: V-ZA- '~7.-- OFFICIAL NOTARY SEAL LILLIAN BEAUCHAMP NafARY PUBLIC STATE OF FLORIDA COMMISSION NO. CC738372 MY COMMISSION EXP. APK 29,2002 24 '\ATIOltS'lW_. .- ~AJJ:IIIOJue STATE OF FLORIDA ) ) SS: ) COUNTY OF U/ivll'- 'h:iJe . The foregoing instrument was acknowledged before me this ?.k"'aay of !-'f'1 ' 19JJ by ~~-..I O./~.s.d;i\l as ct.A,'rrnll,...J of The Miami Beach Redeyelopment Agency, a public agency organized and existing pursuant to the Community Redevelopment Act of 1969, as amended, Chapter 163, Part m Florida Statutes. Helsae-personally appeared before me, is personally known to me or produced - as identification. . [NOTARIAL SEAL] Notary:c4iba', /luuu..i~ Print Name: ull,,,^, ~lJc.I..hlP Notary Public, State of &n ',./L-; . My commission expires: f-]A - 24>o~ ()J'.FJCl./- ,'-.7(:':r~li:'Y~~J ULT U::: OJ.;''. ,~:.._~.,'^:)- 1.dI'\l'~ 1"'" .." " . c. ','.':' NOrARYPUBUCS'jATL \"1;. Y'i /',':'IGA COMMISSION ,'0. <'<.7"83'7:, ... I YCOMMISSJON EX,' """2~ 'Io\~~ue 25 JOINDER The undersigned, MIAMI BEACH MARINA ASSOCIATES, LTD., a Florida limited partnership, as the Marina Lessee, hereby joins in the foregoing License for purposes of confirming its agreement to the provisions thereof, with the understanding that the parking to be provided on the Portofino Parcels shall be in compliance with the parking requirements set forth in the City's . Zoning Code. MIAMI BEACH MARINA ASSOCIATES, LTD., a Florida limited partnership By: SoBe Marine, Inc., a Florida corporation, general partner By: ident STATE~ ~SS: COUNT ) The foregoing instrument was acknowledged before me t~o/2, . Y, ' 9CJ9 by Robert W. Christoph as President of SoBe Marine, Inc., a Florida corpo~~ the general partner of Miami Beach Marina Associates, Ltd., a Florida limited partnership, on behalf of the corporation and t~Cf Part'iZhil} He/she personally appeared before me, is personally known to me or produced / 'L' --6 /-L (J. as identification. [NOTARIAL SEAL] '~ Notary: Print N ublic, State of My commission expires: OFFICIAL Nor ARY SEAL DIANNE CAPESTANY NorARY PUBLIC STATE OF FLORIDA COMMISSION NO. CC(,O'1l!r7 MY COMMISSION EXP. AUG. 12 1 'Io\~AtDIOfue 26 CONSENT AND SUBORDINATION The undersigned, CITY NATIONAL BANK OF FLORIDA, a national banking association, as the holder of that certain Mortgage recorded in Official Records Book 17913 , Page 2522, of the Public Records of Miami-Dade County, Florida, which encumbers SSDI South, hereby consents to the foregoing License and subordinates the lien of said mortgage to the rights granted in said License. CITY NATIONAL BANK,oF Pl"/'/~ a national banking corporation BY/2 /~~ Name: 4"" fl. 5'~~ Title: ~ VP Name: /f(LLU~ Name: (?./GAo;z E lkvt iQb-( er . STATE OF FLORIDA ) )SS: COUNTY OF MIAMI-DADE) acknowledged before me this , as . "l.l:.o ,of CITY NATIONAL BAN a nation I banking association, on behalf of the bank. He/she personally appeared before me, is personally known to me or produced --- as identification. - [Notarial Seal] Notary: Print Name: t... ; Notary Public, State of My commission expires: ez.... av,.u 0"" 't, Ella A. ROdriguez ~ ~ "COMMISSION N" CC 656410 ;. . ~ EXP. JUNE 15. 2001 ..~ J' BONDED THIlU o. ,,0 WESTERN SURETY CCMl'AtfV 27 \ CONSENT AND SUBORDINATION The undersigned, MELLON UNITED NATIONAL BANK, as the holder of that certain Mortgage recorded in Official Records Book 16432 ,Page 1452, of the Public Records of Miami-Dade County, Florida, which encumbers the Alaska Parcel, hereby consents to the foregoing License and subordinates the lien of said mortgage to the rights granted on the Alaska Parcel in said License (but not as to Goodman Terrace and the Hinson Parcel). ~~I~N~ Name: 'fl-1'4iJ.. V()Y7 !;JJ/('tu~ ~&::/M~ N e:~?J11U H f UU.k~ Title: -rSJ?, U I[ i(. ft2fCSUltnJr ffi~ A.--lA__^ ~~). J . Name: fh~A...k lul1 Trot...( ( STATE OF FLORIDA ) )SS: COUNTY OF MIAMI-DADE) The fore:a?ing instrument wa acknowledged before me this li day of April, 1999, byJrtmrzg . Do, as S. II; p. of MELLON UNITED NATIONAL BANK, a ational banking association, on behalf of the bank. He/she personally appeared before me, i,2" personally known to me or produced as identification. [Notarial Seal] Notary: ~v;;!r!;:t{')., Print Name: Notary Public, State of ('104 D,4- My commission expires: !~~"\l\1~, AUCIA VON SCHIRACH i"i ;"i MY COMMISSION. CC 816052 ".... '/ EXPIRES: MarCh 9, 2003 'l1r..n\ Bondtd Thru NotIry Pubic Undarwrifet1 28 04/26/99 16'31 GTH f<B:t. ESTATE ~ 93053'747593 I'(). B65 GlB3 CONSENT AND SUQwmINATIO~ The undersigned, ORIX USA CORPORATION, a Delaware corporation, as the holder of the leasehold rnortaaae encumbering the Marina Lease, and recorded in Official Records Book. ]7673, Page 2862 of the Public Records of Miami-Dade County, Florida, hereby consents to the foreaoing Parking License and subordinates the lien of said mortgage to the rights granted in said Parking License. ORIX USA CORPORA nON, a Delaware corporation _~~~ ~k\""v\~ Name: Name: STATEOFGEOROTA ) )88: COUNTY OF FULTON ) The foregoin~ instrument was acknowledged before me this!}! day of CV r\~ . 1999, by Ie: -e. ~ ~~\ V\ V\ ..s- . as of ORIX USA CORPO nON, a Delaware corporation, on behalf of the corpo~on. He/she personally appeared before me, is personally known to me or produced c( ~ Iv~r ~ Y;(SL~~ as identification. [NOTARIAL SEAL] -,~~ Print Name:-S'~kJ; 01. ~ e. E Notary Public, State Of~ My commission expires: t-<. ~,~c:a d.... .. EXHffiIT "A" SOUTHERN PORTION OF SSDI SOUTH Lots I through 7, inclusive, and Southeasterly 30.00 feet of Lot 8, the northwesterly line of said 30.00 feet being parallel to the common line between Lots 7 and 8, in Block 111, of OCEAN BEACH FLORIDA ADDITION NO.3, according to the Plat thereof, as recorded in Plat Book 2, at Page 81, of the Public Records of Dade County, Florida, together with the accretions thereto; ALSO: That part of Biscayne Street (also known as Biscayne Avenue) as shown on said Plat of OCEAN BEACH FLORIDA ADDITION NO.3, lying westerly of the southerly projection of the west Right of Way line of Jefferson Avenue as shown on said Plat and being bounded on the west by Biscayne Bay, together with the accretions thereto; ALSO: All that part of the North 132.0 feet of Section 10, Township 54 South, Range 42 East, described as: Beginning at a point on the Northern boundary of said Section 10, which is intersected by the Easterly boundary of Jefferson A venue extended Southerly across Biscayne Street as a point or place of beginning; thence Southerly continuing the Easterly boundary of Jefferson Avenue extended for a distance of 132.0 feet to a point; thence Westerly 208.1 feet more or less along a line parallel to and 132.0 feet Southerly frorn the Northern line of said Section 10 to Biscayne Bay; thence Northwesterly meandering the Bay to the intersection of the Northern line of Section 10; thence Easterly along the Northern line of Section 10,285.0 feet more or less to the point or place of beginning (the Northerly boundary of said Section 10 being common with the Southerly boundary of Biscayne Street); Also described as: All of that part of the North 132.0 feet of Section 10, Township 54 South, Range 42 East, known as Tract A or the Smith Company Bay Front Tract, more particularly described as follows, to wit: Bounded on the North by the Northern line of said Section 10; bounded on the East by the East line of Jefferson Avenue extended; bounded on the South by a line parallel to and distant 132.0 feet South of the Northern line of said Section 10, and bounded on the West by Biscayne Bay, together with the accretions thereto. EXHIBIT "B" SSDI NORTH PARCEL Lots 30 through 42, inclusive, in Block Ill, of OCEAN BEACH FLORIDA ADDITION NO.3, according to the Plat thereof, as recorded in Plat Book 2, at Page 81, of the Public Records of Dade County, Florida, together with the accretions thereto. ALSO: Lots 43, 44, 45, 46, 47, 48A, 49B and SOC of DADE COUNTY PROPERTY, according to the Plat thereof, as recorded in Plat Book 14, at Page 70, of the Public Records of Dade County, Florida, together with the accretions thereto. EXHIBIT C GOODMAN TERRACE PARCEL Part of the Northwest quarter of Section 10, Township 54 South, Range 42 East, described as follows: Begin in North line of Section 10, which line is also South line of Biscayne Street at its intersection with East line of Jefferson Avenue extended; then South in line drawn at right angles to South line of Biscayne Street 132 feet, thence, East in line drawn parallel with South line of Biscayne Street to West line of Washington Avenue; thence, North along West line of Washington Avenue to its intersection with South line of Biscayne Street; thence, West along South line of Biscayne Street to point of beginning. Also described as: all that part of North 132.0 feet of Section 10-54-42 known as Smith Cottages Tract and also as Tract B and bounded on North by North line of Section 10; on West by East line of Jefferson Avenue extended; on South by line parallel to and 132' South of North line of Section 10; on East by West line of Washington Avenue extended. EXHIBIT "D" ALASKA PARCEL A parcel ofland and accreted land located in Section 10, Township 54 South, Range 42 East, Da.de County, Florida, and being more particularly described as follows: For a Point of Beginning commence at a lO-inch-square concrete monument located on the northerly boundary of the U.S. Army Corps of Engineers Reservation, being the westernmost comer of Lot 6, Block 4, of South Beach Park Subdivision as shown in Plat Book 6, Page 77, of the Public Records of Dade County; said monument designated "C" having grid coordinates of X-784,440.39 and Y-521,912.47. Said monument also lies approximately South 24 degrees 27'26" West a distance of 592.30 feet South of and North 65 degrees 36'16" East a distance of554.97 feet West of the northeast comer of the northwest 1/4 of Section 10, Township 54 South, Range 42 East. From said Point of Beginning run thence South 24 degrees 25'50" West a distance of 420.43 feet, more or less, to the Mean High Water (M.H.W.) line of the northerly shoreline of the "Government Cut" for the entrance channel of the Miami Harbor; thence North 65 degrees 35'19" West along said M.H.W. line a distance of 261.59 feet to a point on a bulkhead; thence North 31 degrees 08'28" West along said bulkhead a distance of242.83 feet to U.S. Army Corps of Engineers Monument "Virgil" having a grid coordinate of X- 783,902.72 and Y-52l,845.63; thence North 57 degrees 41 '41" East a distance of 226.20 feet to Monument "West" having a grid coordinate of X-784,093.91 and Y-521,966.52; thence North 87 degrees 38'37" East a distance of208.58 feet to Monument "G", having a grid coordinate of X-784,302.32 and Y-521,975.14; thence South 65 degrees 35'12" East a distance of 151.63 feet to Monument "c' and the Point of Beginning. EXHIBIT "E" HINSON PARCEL BLOCK 8, SOUTH BEACH PARK SUBDIVISION, recorded in Plat Book 6, at Page 77, of the Public Records of Dade County, Florida, less and excepting therefrom the following two dedications: A 50.00 foot dedication in BLOCK 8, SOUTH BEACH PARK SUBDIVISION, recorded in Plat Book 6, at Page 77, of the Public Records of Dade County, Florida. Said 50.00 foot dedication being described as follows: . Bounded on the North by the Northerly line of said BLOCK 8; Bounded on the South by the Southerly line of said BLOCK 8; said Southerly line also being the Northerly line of the Government Reservation shown hereon; Bounded on the East by a line parallel to and 50.00 feet distant Easterly of, as measured at 90-degrees to the Westerly line, of said BLOCK 8; Bounded on the West by the Westerly line of the above-referenced BLOCK 8, said Westerly line also being the Easterly line of Biscayne Bay. A 40.00 foot dedication in BLOCK 8, SOUTH BEACH PARK SUBDIVISION, recorded in Plat Book 6, at Page 77, of the Public Records of Dade County, Florida. Said 40.00 foot dedication being described as follows: Bounded on the North by the Northerly line of the above-referenced BLOCK 8; Bounded on the South by the Southerly line of the above-referenced BLOCK 8, said Southerly line also being the Northerly line of the Government Reservation shown hereon; Bounded on the east by the Westerly line of Washington Avenue, said Westerly line also being the Easterly line of BLOCK 8; Bounded on the West by a line parallel to and 40.00 feet distant Westerly of, as measured at 90-degrees to the Westerly line, of the above-referenced Washington Avenue. . EXHIBIT "F" CORE PARCEL All of Lots 22 through 29, inclusive, and Lot 21, less the Southerly 40 feet thereof, in Block Ill, of OCEAN BEACH FLORlDA ADDITION NO.3, according to the Plat thereof, as recorded in Plat Book 2, at Page 81, of the Public Records of Dade County, Florida; together with a 40-foot right-of-way on the Bay side of the Hope and Rebecca Tower property, (being Lots 15 through 20 inclusive and the Southerly 40 feet of Lot 21 in Block 111, of OCEAN BEACH FLORlDA ADDITION NO.3); TOGETHER WITH: The West 2 feet of Lots 15 through 20, inclusive, and the Westerly 40 feet of the Southerly 40 feet of Lot 21, in Block Ill, of OCEAN BEACH FLORlDA ADDITION NO. 3, according to the Plat thereof as recorded in Plat Book 2, at Page 81, of the Public Records of Dade County, Florida. '. EXIDBIT "G" 150 Foot Easement Area Lots 30, 31 and 32, in Block Ill, of OCEAN BEACH FLORIDA ADDITION NO.3, according to the Plat thereof, as recorded in Plat Book 2, at Page 81, of the Public Records of Dade County, Florida.