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— - - <br /> � <br /> , , I 1����'�����'�'���1���(���I��1����II�!�F'!I�����'!��������� I <br /> �° ' 201709919� <br /> � <br /> Rapt: 1873844 �tee: 35.50 � � <br /> DS: 0.00 IT: 0.00 � , <br /> D6,�23j201? eReet�rding � ! <br /> � <br /> This Instrument Was 1'repared j . <br /> By And Shoaid Be Returued To: PAtJLA S.0'NEiL,Ph.p.PASCQ CLERK�Ct�MPTROLLER <br /> 06/23/2017 q9:46 AM 1 of 4 I � <br /> Le�e E.Nelsan,Fsquire OR BK ���,� p� C��� i <br /> Shutts&Bowen LLP <br /> 4301 W.Boy Scout Blvd.,Suite 340 ; <br /> Tampa,Fiorida 33607 � � <br /> 1 ! <br /> i F <br /> � f <br /> MEM4RA�1�iDITl1�OF t?PTION TU REPURCHASE � . <br /> I <br /> � <br /> THIS MEMORA,NDUM OF OPTION TO REPURCHASE (the "Memorandum") is � <br /> made and effective tlus �2-day of_�uh�. , 201'7, by and between DUNE FL LAND I <br /> SUB, LLC, a Delaware lirnited liability ccarnpany ("Seller"} and LENNAR HQMES, LLC, a ( <br /> Florida limited liability company("Purchaser"). � <br /> RECITALS: <br /> WHEREAS, Seller and Purchaser have heretofare entered into a Lot Purchase and Sale <br /> Agreement, with an effective d ate of July 7, 2415, as amended {collectively, the"Agreemeant"}, <br /> far the purchase and sale of praperty located in Pasco County, Florida, as more particularly � <br /> described therein,and � <br /> 'WHEREAS, Pursuant to`the Agreement, Purchaser has cancuzrently herewith, classd its <br /> purchase of the follawing: <br /> See Exhibit "A" attached here�o (each individually the "Lot" or eallectively the � <br /> "Lots"). <br /> WHEREAS, Purchaser's purchase of and closing of the Lots is witla the intentian and for <br /> the purpase of Purc�iaser's canstructian thereoz�of a single family home,and <br /> 'S�'HEREAS, pursuant ta Paragraph 22 of the Agceement, and pursuant to #he terms axtd <br /> canditions set forth in this Memorandum, Purchase�r has given and granted to Seller the aption to <br /> rep�rchase #he Lot(s) in the event that Purchaser desires ta se]l such L4t{s) prior to its <br /> construction o£ a residence thereon, or priar to entering into a written cantract to canstruct a <br /> residence on such Lot(s}for its intcended purchaser, � <br /> NOW THEI2EFORE,for and iri consideration of the premises herea�the mutual covenants � <br /> herein contained and for ofil�er gaad and valuable considerations,the receipt and sufficienay of aIl of i <br /> which are hereby acknowledged,Seller and Purchaser do hereby covenant and agree as follows: <br /> ( <br /> Section 1. Recitals. The above recitals are true and corre�t and ccanstitute part of this � <br /> Memorandum. , <br /> I <br /> ��''�-1 <br /> '� --' <br />