Laserfiche WebLink
i <br /> � 1 I I'�III IIIII IIIII II'll II'll I'll'IIIII III'lllll'IIIII IIII I'll <br /> . 2017099197 <br /> Rept: 1873844 Rec: 35.50 ( <br /> DS: 0.00 IT: 0.00 I <br /> 06�23J2017 eRecording ! <br /> I <br /> Tlds Instrument Was Prepared � ' <br /> By And Shoald Be Returned To: PAULA S.O'NEIL,Ph.D.PASCO CLERK 8 COMPTROLLER <br /> 06/23/2017 09:46 AM 1 af 4 ' � <br /> I.ee E.Nelson,Fsyuire OR BK �5�� PG gg� , <br /> Shutts&Bowen LLP ' <br /> 4301 W.Boy Scout Blvd.,Suite 300 <br /> Tampa,Florida 33607 , � <br /> � ; <br /> ; � <br /> MEMORANDUM OF OPTION TO REPURCHASE I <br /> � <br /> THIS MEMORANDiJM OF OPTION TO REPURCHASE (the "Memorandum") is , <br /> made and effective this Z 2 day of �i.H� , 2017, by and between DUNE FL LAND I � <br /> SUB, LLC, a Delaware limited liability company ("Seller") and LENNAR HOMES, LLC, a , <br /> Florida limited liability company("Purchaser"). � <br /> RECITALS: � <br /> i <br /> WHEREAS, Seller and Purchaser have heretofore entered into a Lot Purchase and Sale I <br /> Agreement, with an effective date of July 7, 2015, as amended (collectively, the "Agreement"), ' <br /> for the purchase and sale of property located in Pasco County, Florida, as more particularly <br /> described therein,and <br /> WHEREAS, Pursuant to'the Agreement, Purchaser has concurrently herewith, closed its ' <br /> purchase of the following: I <br /> See Exhibit "A" attached hereto (each individually the "Lot" or collectively the ' <br /> "Lots"). <br /> WHEREAS, Purchaser's purchase of and closing of the Lots is with the intention and for <br /> the purpose of Purchaser's consiruction thereon of a single family home,and <br /> WHEREAS, pursuant to Paragraph 21 of the Agreement, and pursuant to the terms and '' <br /> conditions set forth in this Memorandum,Purchaser has given and granted to Seller the option to � <br /> repurchase the Lot(s) in the event that Purchaser desires to sell such Lot(s) prior to its I <br /> constntction of a residence thereon, or prior to entering into a written contract to consttuct a <br /> residence on such Lot(s)for its intended purchaser, <br /> NOW THEREFORE, for and in consideration of the premises hereof,the mutual covenants <br /> herein contained and for other good and valuable considerations,the receipt and sufficiency of all of <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 correct and constitute part of this � <br /> Memorandum. <br /> -� ' <br /> �q'` <br /> i <br />