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Amendment to Garage Easement

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  • 8/15/2019 Amendment to Garage Easement

    1/5

    AMENDMENTTO

    GARAGE

    EASEMENTAGREEMENT

    This

    Amendment to

    Garage

    Easement

    Agreement (

    Amendment )

    is

    made and entered

    into as

    of

    the /

    S-

    day

    O f T G l 3 I l t ; .

    4IU.

    t.

    2 0 0 5 ,

    by

    and between

    RDP

    Royal

    Palm

    Hotel Limited

    Partnership,

    a Florida

    limited

    partn

    ship,

    its successors and/

    or

    assIgns (

    Grantee ), and the

    Mami

    Beach

    Redevelopment

    Agency,

    a Florida

    body

    corporate

    and

    politic,

    and its

    successors

    and

    assigns (

    the

    Agency ).

    RECITALS:

    A.

    Grantee

    and

    Agency

    previously

    entered

    into

    that

    certain

    Garage

    Easement

    Agree-

    ment

    as

    recorded

    among

    the Public

    Records

    of

    Mami-Dade

    County

    Florida,

    n

    Offica

    Records

    Book

    1 8 1 7 0 ,

    a

    P a g e

    1082(

    he "g r e e m e n t )

    and

    tha

    e r t a i n A g r e e m e n t of

    Lease

    as

    e c o r d e d

    among

    the

    foresaid P u b l i c

    Records

    in

    fficial

    R e c o r d s

    Book

    1 8 1 7 0

    a

    Page

    93 (

    he

    Lease ).m m e d i a t e l y

    after

    the

    e x e c u t i o nand

    e l i v e r y of t h i s

    Amendment

    and

    as

    aa t e r i a l

    inducement for

    and

    a

    o n d i t i o n

    o

    Agency e n t e r i n g

    ino

    hs

    Amendment,

    the

    e c o g n i z e d

    Mortgage

    e n c u m b e r i n g

    T e n a n t '

    s n t e r e s t

    in

    the

    P r e m i s e s

    will

    be

    pad

    in

    ul,

    he

    P u r c h a s e

    Price will

    beaid

    and

    the

    L e a s e

    wll

    e t e r m i n a t e d .

    B

    u b s e q u e n t to

    the

    ecording

    o

    he

    Lease

    r a n t e e

    b e g a n

    the

    o n s t r u c t i o n

    o

    he

    oyal Pam

    S h o r e c r e s t

    C r o w n e

    Plaza

    H o t e l (

    Hote ).

     u r i n g

    the

    construction

     o

    he

    Hote,

    r a n t e e

    e n c o u n t e r e d

    certain

    c o n d i t i o n s

    a

    he

    r o p e r t y

    which

    allegedly

    r e s u l t e d

    in

    certain

    c o n s t r u c t i o n

    delays.

    A

    dispute

    arose

    a m o n g s t

    the

    arties

    r e g a r d i n g

    the

    aforesaid

    c o n d i t i o n s

    and

    e l a y s

    resulting

    in

    G r a n t e e '

    s

    efusal to

    pay

    e r t a i n

    Rental

    due u n d e r

    the

    e a s e and

    he

    A g e n c y '

    s

    efusal to pay

    claims

    related to

    sad

    cond-

    tions

    a n d

    a l l e g e d

    c o n s t r u c t i o n

    deays.

    D

    he

    parties

    r e s p e c t i v e l y

    deny

    and

    i s p u t e

    aluch

    claims

    and

    llegations a g a i n s t

    hem

    w h e t h e r

    a s s e r t e d

    o

    n a s s e r t e d .

    E

    The

    parties,

    i s h i n g

    to

    void

    l i t i g a t i o n

    and

    amicably

    resolve

    al

    matters

    e x i s t i n g

    between

    them

    n t e r e d

    into

    n e g o t i a t i o n s

    regarding

    th e a f o r e s a i d

    dsputes

    e s u l t i n gin

    ths

      m e n d m e n t

    and

    ther

    a g r e e m e n t s .F.

    g e n c y

    and

    w n e r

    inheir

    desire

    to

    anann d

    fulfill

    their

    c o m m i t m e n tto

    o

    vde

    he

    Arican

    m e r i c a n

    c o m m u n i t y

    wth

    p p o r t u n i t i e s

    in

    the

    h o s p i t a l i t y

    industry,are

    willing

    to

    mend

    the

    Roya

    Palm

    Crowne

    Plaza

    a g r e e m e n t s

    and

    agree

    tha

    he

    Hotel

    shall c o n t i n u e

    to

    omply

    wth

    he

    onvention C e n t e r

    Agreement ( w h i c h

    G r a n t e e ,

    as

    w n e r

    o

    the

    o t e l and

    on

    e h a l f

    o

    he

    H o t e l ,

    has

    agreed

    to

    o)

    which

    p r o v i d e s , a m o n g other

    thngs,

    that

    the

    Hoe

    w n e r

    and

    its

    uccessors

    and

    assigns make

    available

    H o t e l

    facilities

    a n d

    s e r v i c e s

    fo

    upport

    o

    he

    C o n v e n t i o n

    Cener

    e v e n t s

    and

    to

    u n d e r t a k e

    jont a r k e t i n g

    efforts.

    G

    Grantee

    a n d

    Agency have

    agreed

    to

    m e n d

    and

    modify

    c e r t a i n

    of

    the

    r o v i s i o n s

    he

    A g r e e m e n t

  • 8/15/2019 Amendment to Garage Easement

    2/5

    NOW,

    THEREFORE, in

    consideration

    of

    the

    payment

    often dollars and

    other

    good

    and

    valuable

    consideration,

    the

    receipt

    and

    sufficiency

    ofwhich

    are

    hereby

    acknowledged,

    the

    parties

    hereto

    intending

    tobe

    legally

    bound

    agree

    as

    follows:

    1

    e c i t a l s .

    The

    oregoing r e c i t a l s are

    true

    ando r r e c t and

    aen c o r p o r a t e d

    by

    refer-

    ence

    herein

    2

    efinitions.Al

    defined

    t e r m s (

    denoted

    by

    c a p i t a l i z a t i o n

    o

    t h e r

    i n d i c a t i o n

    opecial

    d e f i n i t i o n s

    such

    asu o t a t i o n

    m a r k s )

    used

    in

    hs

    n s t r u m e n t

    which

    are

    o t

    d e f i n e d

    inhis

    i n s t r u m e n t shall

    have

    he m e a n i n g s

    s e t

    forth

    in

    the

    g r e e m e n t .

    3

    a c i l i t v

    U s a g e P a v r n e n t

    and

    U s e

    Fees

    As

    o

    N o v e m b e r

    25,

    0 0 3 ,

    al

    e f e r e n c e s

    to

    and

    ll

    p r o v i s i o n s

    and

    covenants

    r e l a t i n g to

    a c i l i t y

    U s a g e

    Payment ,

    se

    Fee ,

    UseFee

    o m m e n c e m e n t D ate ,

    Excess

    Usage

    Payment

    A m o u n t

    and

    ross

    P a r k i n g

    R e v e n u e s

    ae

    e r e b y

    d e l e t e d from

    the

    g r e e m e n t

    as

    well

    as

    e c t i o n s

    4

    and

    8

    o

    the

    g r e e m e n t

    in

    h e i r

    e n t i r e t y .

    The

    parties

    a c k n o w l e d g e

    thaas

    o

    sad

    date,

    neither

    party

    w e s

    the

    other

    party

    any

    o n i e s

    r e l a t i v e

    to

    uch

    f e e s

    and

    p a y m e n t s

    fo

    the

    eriod

    p r i o r to

    such

    dae

    .

    Garage

    O p e r a t o r Section

     5

    a)

    o

    he

    Agreement

    is

    amended

    to

    e l e t e

    t h e r e f r o m

    theh r a s e

    a n d

    a p p r o v e d

    by

    r a n t e e .

     5

    h a r g e s

    fora r a g e .

    S e c t i o n

    6

    c

    fthe

    g r e e m e n t

    is

    amended

    toefine

    the self

    p a r k

    rae

    t o

    m e a n

    either,

    as

    e s i g n a t e d from

    time

    to

    im e by

    Grantee, (

    i)

    he

    a t e s

    c h a r g e d

    to

    the

    g e n e r a l

    p u b l i c at

    the Garage

    and

    identified as

    the

    m a x i m u m

    daly

    rate

    o (

    i)

    he

    v a l e t

    rate

    c h a r g e d

    byhe

    Hoe. 6.

    D e f a u l t . The

    phrase

    Use

    F e e

    in

    he

    irst

    s e n t e n c e

    o

    e c t i o n

    9

    a

    o

    h e

    Agree-

    m e n t

    is

    hereby

    deleted

    a n d the

    remainder

    of

    this

    first

    sentence

    in

    Section

    9)

    e m a i n s

    u n c h a n g e d .

    Section

    9

    )

    nd

    Section

     9

    )

    of

    the

    greement

    arehereby

    d e l e t e d

    in

    ther

    n t i r e t y .

    N o t w i t h s t a n d i n g

    a n y t h i n g

    to

    he

    contrary

    c o n t a i n e d

    in the

    A g r e e m e n t , G r a n t e e

    sha

    have

    no

    f f i r m a t i v e

    o b l i g a t i o n

    tose

    th e

    Garage fo r

    parking

    for

    its

    Hoe

    Guests an d

    Employees.7.

    o t e l

    C o n d o m i n i u m .

    In

    he e v e n t

    that

    a

    o n d o m i n i u m

    isr e a t e d on

    the

    S h o r e c r e s t

    Land,

    as

    e f i n e d

    in

    he

    e a s e ,

    G r a n t e e

    and

    he

    A g e n c y

    agree

    t h a t

    t h e r e

    ae

    no

    i g h t s or

    a g r e e m e n t s

    under the

    A g r e e m e n t

    whch

    wll

    be

    r a n s f e r r e d

    tor

    inureo,

    the

    o n d o m i n i u m

    a s s o c i a t i o n

    or

    the

    nit

    owners

    of

    s u c h

    condominium.

    T h i s

    p a r a g r a p h

    shall

    not

    be

    c o n s t r u e d

    to

    prohibit use

    of

    the

    Garage

    as

    provided in

    the

    g r e e m e n t

    by

    Hoe

    u e s t s

    through

    the

    Hotel

    o p e r a t o r .

    8

    Notices.

    Section

    16

    o

    the

    Agreement

    is a m e n d e d

    to

    rovde

    fo

    ew

    addresses

    for

    notices

    to

    rantee

    as

    folows: R D P

    Roya

    Pam

    Hotel

  • 8/15/2019 Amendment to Garage Easement

    3/5

    with a

    copy

    to:

    Hunton & Williams LLP

    1111

    Brickell

    Avenue,

    Sute

    2500

    Mam,

    Florida

    3 3 1 3 1

    Attention:

    S t u a r t

    K.

    Hoffman,

    Esq.

    In

    d d i t i o n ,

    for

    u r p o s e s

    oo p i e s of

    n o t i c e s

    totheCtyof M i a m i B e a c h

    o

    o

    the

    g e n c y ,

    the

    address

    of

    Bloom &

    insker

    is

    hereby

    changed

    to:

    B l o o m &

    Minsker,

    P

    L

    1110

    Brickell

    Avenue,

    Suite 7 0 0

    Mam,

    l o r i d a 3 3 1 3 1

    A t t e n t i o n :

    Joe

    N

    Minsker,

    P

    A

    9

    o

    Further

    Modification.

    Except

    as

    r o v i d e d

    h e r e i n ,

    the

    g r e e m e n t

    remains

    u n m o d i f i e d

    and

    nful

    force

    andffect.

    1

     

    WAVER

    URY

    TRAL

    RANTEE

    AND AGENCY

    HEREBY

    K N O W I N G L Y ,

    V O L U N T A R I L Y AN D

    I N T N T I O N L L Y

    WAIVE

    TH E

    RIGHT E I T H E R

    MAY

    A V E

    TO

    A

    RAL

    BY

    U RY

    INE S P E C T TO

    ANY

    I T I G A T I O N B A S E D

    HEREONOR

    RISING

    OUTF

    NDER

    OR

    N

    O N N E C T I O N

    WTHHS

    AMENDMENT

    AN D

    TH E

    AGREEMENT,

    A N D

    ANY

    GREEMENT

    C O N T E M - PLATED

    TOE

    EXECUTED

    INO N J U N C T I O N

    HEREWITH,

    OR

    ANY

    OURSE

    OF

    CONDUCT, C O U R S E

    OF

    E A L I N G ,

    STATEMENTS (

    WHETHER

    VERBAL

    OR

    R I T T E N )

    O R

    ACTONS

    OF

    ITHER

    PARTY

    HIS

    PROVISION

    ISA

    ATERAL

    INDUCEMENT

    FOR

    AGENCY

    TO

    ENTERNTO

    THS

    M E N D M E N T

    FURTHER,

    BOTH

    GRANTEE

    AN D

    AGENCY

    E R E B Y

    CERTIFY

    TO

    EACH

    OTHER

    T H A T

    NO

    E P R E S E N T A T I V E

    OR

    GENT

    OF

    E I T H E R

    ONE

    OFH E M ,

    NOR

    HEIR

    COUN

    SEL,

    HAS

    R E P R E S E N T E D ,

    EXPRESSLY

    ORT H E R W I S E

    THAT

    EITHER

    ON E

    OF

    T M

    O U L D

    NOT,

    IN

    THE

    EVENT

    OF

    SUCH

    L I T I G A T I O N ,

    SEEK

    TO

    NFORCE

    THS

    WAIVER

    OF

    RIGHT

    TO

    URY

    TRAL

    PROVISION.

    W i t n e s s e s :

    GRANTEE:

    RDP

    ROYAL

    P A L M

    H O T E L

    L I M I T E D

    P A R T N E R S H I P

    a

    Florida

    limted

  • 8/15/2019 Amendment to Garage Easement

    4/5

    STATE

    OF FLORIDA )

    SS:

    COUNTY OF

    MIAMI-DADE)

    BEFORE

    ME,

    the

    undersigned

    authority,

    personally

    appeared

    R.

    Donahue

    Peebles,

    as

    President ofPADCHOSPITALITY

    CORPORATION

    I,

    a

    Florida

    corporation

    onbehaf

    of

    such

    corporation

    and

    as

    General

    partner

    of

    RDP ROYAL

    PALM HOTEL LIMITED

    PARTNER-

    SHIP,

    a Florida

    limited

    partnership,

    on

    behaf of such limited

    partnership.

    He is

    personally

    known to

    me

    or

    pm<

    ced a

    vaid

    Floridadriver' s license as

    identification.

    NOTARIAL

    SEAL)

    V' I~

    Nathalie

    Legagneur

    W~

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  • 8/15/2019 Amendment to Garage Easement

    5/5

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