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HomeMy WebLinkAbout940778 RESOLUTION RE: APPROVE CORRECTION TO AGREEMENT FOR SALE AND PURCHASE OF REAL ESTATE WITH JOHN H. SYKES AND AUTHORIZE CHAIRMAN TO SIGN NECESSARY DOCUMENTS WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, on July 6, 1994, nunc pro tunc June 30, 1994, the Board of County Commissioners signed Resolution #940632, approving an Agreement for Sale and Purchase of Real Estate with John H. Sykes and thereby authorizing the Chairman to sign any necessary documents in order to complete such sale and purchase, and WHEREAS, a copy of said Resolution is attached hereto and is referred to herein as Exhibit "1", and WHEREAS, John H. Sykes has informed the Board of County Commissioners that the correct entity to take title to said property is Sykes Realty, Inc. , a Florida Corporation, which was formed on August 3, 1994, and WHEREAS, in order to properly convey the title in said properties to Sykes Realty, Inc. , the original agreement must be corrected to state the name of the purchaser as "John H. Sykes, as agent for Sykes Realty, Inc. , a Florida Corporation to be formed", and all of the conveying documents and any necessary promissory notes, deeds of trust, and other evidence of conveyance and encumbrances must reflect the name "Sykes Realty, Inc. , a Florida Corporation", and WHEREAS, it is therefore necessary to correct the original Agreement for Sale and Purchase of Real Estate to reflect the proper names and to execute the appropriate documents in order to properly convey and encumber the properties using the name "Sykes Realty, Inc. , a Florida Corporation". NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Agreement for Sale and Purchase of Real Estate with John H. Sykes, executed on June 30, 1994, should be corrected to include the following name in place of John H. Sykes: "John H. Sykes, as agent for Sykes Realty, Inc. , a Florida Corporation to be formed." BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign any and all necessary documents in order to effectuate the sale and purchase of said real estate in accordance with said corrected agreement. 940778 &ON/ eL,: en ' SYKES RE: CORRECTION TO AGREEMENT - JOHN H. SYKES PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 15th day of August, A.D. , 1994. Leidetat WELDD OF TYUNCY ORADISSIONERS ATTEST: WELD COUNTY, COLORADO Weld County Clerk to the Board49 1_,OjittA W H ster, C airman BY: t Deputy l rk to the Board Dale Hall, Prom APP ED AS TO FORM: C, eo ge Baxter County Atorne Constance L.H Harbert 141,2i4i .�.e „� ara J. Kirkme r 940778 AGREEMENT FOR SALE AND PURCHASE OF REAL ESTATE THIS AGREEMENT is made this 30th day of June, 1994, by and between the County of Weld, a body corporate and politic in the State of Colorado, by and through the Board of County Commissioners of Weld County, whose address is 915 Tenth Street, Greeley, Colorado 80631, hereinafter referred to as "Seller, " and JOHN H. SYKES, as agent for SYKES REALTY, INC. , A FLORIDA CORPORATION TO BE FORMED, whose address is 545 Sanctuary Drive, Unit B-404, Long Boat Key, Florida 34228, hereinafter referred to as "Purchaser. " WITNESSETH: That in consideration of the payment by the Purchaser to the Seller of the sum of $3 and in consideration of the mutual promises and covenants contained herein, Seller agrees to sell to the Purchaser and Purchaser agrees to purchase from the Seller the real property which is described in the attached Exhibits "A" , "B" , and "C" , hereinafter referred to respectively as "Parcel 1, " "Parcel 2, " and "Parcel 3 . " The agreement of sale and purchase of said Parcels are subject to the following conditions : 1 . Seller shall furnish to Purchaser a Special Warranty Deed for said Parcels . Title insurance shall be paid for by Purchaser. 2 . Purchaser agrees to pay to Seller the sum of $1 . 00 for Parcel 1 and $1 . 00 for Parcel 2 . 3 . Seller and Purchaser agree that the current market value for Parcel 3 is $121,837 . 00 . Consideration for the sale of said Parcel by Seller to Purchaser shall be $1, unless the sale or other transfer of all or part of Parcel 3 by Purchaser occurs prior to June 29, 2004, in which instance the Purchaser shall pay to the Seller that balance of the current market value for Parcel 3 from the date hereof, ($121,837 .00) declining on an equal basis over ten ( 10) years according to the schedule shown in the attached Exhibit "D. " Purchaser agrees to execute a Note and Deed of Trust which shall secure the current market value of Parcel 3 ($121, 837 .00) and the declining balances thereof over ten years . 4 . Title for said Parcels shall be merchantable in Seller. Subject to payment or tender as above provided and compliance by Purchaser with the other terms and Page 1 of 3 Pages 940773 provisions hereof, Seller shall execute and deliver a good and sufficient Special Warranty Deed for said Parcels to Purchaser on a date certain set by mutual agreement between Seller and Purchaser, conveying Parcel 1, Parcel 2 and Parcel 3 free and clear of all taxes and free and clear of all liens for special improvements installed as of the date of Purchaser' s signature hereon, whether assessed or not; free and clear of all liens and encumbrances, except those stated and set forth in paragraph 3, above; and subject to all applicable building and zoning regulations. 5 . Purchaser shall be responsible for the payment of all property taxes for the year 1994, and each year thereafter, beginning on the date of delivery of deed. 6 . The date of closing shall be the date of delivery of deed as provided in paragraph 4 , above. The hour and place of closing shall be designated by mutual agreement between Seller and Purchaser. 7 . Time is of the essence hereof . 8 . Possession of said Parcels shall be delivered to Purchaser upon closing and shall not be subject to any leases or tenancies . 9 . Seller represents and warrants as of the day hereof and as of the date of the closing that neither the execution of this contract nor the consummation of the transaction provided for herein constitutes, or will result in, any breach of any of the terms, conditions, or provisions, or constitute a default under any indenture, charter, bylaw, mortgage, loan agreement, lien, lease, license, judgment, decree, order, instrument, or other verbal or written agreement to which the Seller is a party of or which the property is subject to, except as provided for herein. 10. All of the conditions, promises, and covenants stated herein shall be in full force and effect, notwithstanding the conveyance of said Parcels by Special Warranty Deed as outlined in paragraph 4, above, or the execution of the Note and Deed of Trust as outlined in paragraph 3, above, and shall not merge with said Special Warranty Deed, Note, and Deed of Trust. 11. Purchaser agrees to pay for the cost of any and all taps or hook-ups for utilities extending from the street to the Parcels. Such utilities include, but are not necessarily limited to, the following: water, sewer, Page 2 of 3 Pages 94077 electricity, gas, and telephone. 12 . This Agreement and the attached Promissory Note with Provision for Forgiveness contains the entire agreement and understanding between the parties to this Agreement and supersedes any other agreements concerning the subject matter of this transaction, whether oral or written. 13. Seller agrees to grade Parcel 1, Parcel 2 and Parcel 3 between the date hereof and the date of closing; in accordance with the grading plan dated June 20, 1994 prepared for same by KLH Engineering Group. Time and effort of Seller towards grading shall not exceed the dedication of two high speed scrappers and two operators for two eight hour days each. IN WITNESS WHEREOF, a parties heret9 have subscribed their names this , q0 q0 day of c , 196 (4. � SELLER: ATTEST: lifikekth COUNTY OF WELD, A BODY CORPORATE AND POLITIC OF THE CLERK TO THE BOARD STATE OF COLORADO, BY AND �', to/67 THROUGH ONE SOOFD EL CCOUNY COMMISSIONERS OF WELD COUNTY, BY: COLORADO eputy Cler f �/ BY: � /.J /A®1.Q ,�l'� (' W. H. Webs er, Chairman A I{-e -I-. PURCHASER: 13r _ IJ . As ts+ Car-O kc. Detc yet:n-1 !OH, H. SYKE ' , as agent for 1 S REALTY, C. , A FLORIDA CORPORATION TO BE FORMED SUBSCRIBED AND SWORN to before me this / ( day of ( is "" — , 199—'-. �iBCC Pteo TudC Vct/UE30, 19Sy WITNESS my hand and official seal . Notary Pub is fi My commission expires : My CommissionExpiresJanuary10,1995 asykes.gjb I% Page 3 of 3 Pages 940778 OFFICE BUILDING PARCEL 1 WELD COUNTY BUSINESS PARK LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, Township 6 North, Range 65 West, of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89° 34 ' 39" West to the North Quarter Corner of said Section 31, with all bearings contained herein being relative thereto; thence North 89° 34' 39" West along the North line of the Northeast Quarter (NE1/4) a distance of 525. 00 feet; thence South 00° 25' 21" West, a distance of 50. 00 feet to the South right-of-way line of "O" Street, the Northwest Corner of Parcel 1, and the True Point of Beginning; Thence South 89° 34 ' 39" East along the South right-of-way line of "O" Street, a distance of 445.59 feet to a point on a curve to the right having a radius of 30. 00 feet, a central angle of 89° 34' 40" , an arc distance of 46.90 feet, the long chord of which bears South 44° 47/ 20" East, a distance of 42 .27 feet to a point on the West right-of-way line of 11th Avenue; thence South 00° 00' 00" East along the West right-of-way line of 11th Avenue a distance of 515. 74 feet; thence leaving said West right-of-way line North 89° 34' 39" West, a distance of 592 .57 feet to a non- tangent point on a curve concave to the Northwest having a radius of 455. 00 feet, a central angle of 41° 18' 00" , an arc distance of 327. 97 feet, the long chord of which bears North 21° 04' 21" East, a distance of 320. 92 feet; thence North 00° 25' 21" East, a distance of 245. 20 feet to the True Point of Beginning. Said parcel of land contains 6. 219 acres, more or less, and is subject to any rights-of-way or other easements as granted or reserved by instruments of record or as now existing on said parcel of land. Legal Description prepared by: ll� ~v\ C Michael C. Ketterling, June 21, 1994 KLH Engineering, Inc. 822 7th Street, Suite 5 Greeley, Colorado 80631 EXHIBIT "A" 940778 OFFICE BUILDING PARCEL 2 WELD COUNTY BUSINESS PARK LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, Township 6 North, Range 65 West. of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89° 34 ' 29" West to the North Quarter Corner of said Section 31, with all bearings contained herein being relative thereto; thence North 89° 34' 39" West along the North line of the Northeast Quarter (NE1/4) a distance of 525. 00 feet; thence South 00°25' 21" West, a distance of 50. 00 feet to the South right-of-way line of "O" Street, the Northeast Corner of Parcel 2 , and the True Point of Beginning; Thence South 00° 25' 21" West a distance of 245. 20 feet to a point on a curve to the right having a radius of 455. 00 feet, a central angle of 41° 18' 00" , an arc distance of 327 . 97 feet, the long chord of which bears South 21° 04' 21" West, a distance of 320.92 feet; thence North 89° 34' 39" West, a distance of 84 .52 feet to a non-tangent point on a curve concave to the Northwest having a radius of 395. 00 feet, a central angle of 46° 39' 03", an arc distance of 321. 61 feet, the long chord of which bears North 23° 44 ' 52" East, a distance of 312 .80 feet; thence North 00° 25' 21" East, a distance of 245.20 feet to a point on the South right-of-way line of "O" Street; thence along said South right-of-way line South 89° 34 ' 39" East a distance of 60 . 00 feet to the True Point of Beginning. Said parcel of land contains 0. 798 acres, more or less, and is subject to any rights-of-way or other easements as granted or reserved by instruments of record or as now existing on said parcel of land. Legal Description prepared by: JJ C . Michael C. Ketterl June 21, 1994 KLH Engineering, Inc. 822 7th Street, Suite 5 Greeley, Colorado 80631 EXHIBIT "B" 940778 OFFICE BUILDING PARCEL 3 WELD COUNTY BUSINESS PARK REVISED LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, Township 6 North, Range 65 West. of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89° 34 ' 29" West to the North Quarter Corner of said Section 31, with all bearings contained herein being relative thereto; thence North 89° 34' 39" West along the North line of the Northeast Quarter (NE1/4) a distance of 585. 00 feet; thence South 000251 21" West, a distance of 50. 00 feet to the South right-of-way line of "O" Street, the Northeast Corner of Parcel 3, and the True Point of Beginning; Thence South 00° 25' 21" West a distance of 245. 20 feet to a point on a curve to the right having a radius of 395. 00 feet, a central angle of 46° 39' 03", an arc distance of 321. 61 feet, the long chord of which bears South 23° 44' 52" West a distance of 312 . 80 feet; thence South 47° 04' 24" West, a distance of 19. 03 feet; thence North 89° 34' 39" West, a distance of 332 . 31 feet; thence North 00° 25' 21" East, a distance of 545. 50 feet to a point on the South right-of-way line of "O" Street; thence along said South right-of-way line South 89° 34' 39" East a distance of 470. 00 feet to the True Point of Beginning. Said parcel of land contains 5. 594 acres, more or less, and is subject to any rights-of-way or other easements as granted or reserved by instruments of record or as now existing on said parcel of land. Legal Description prepared by: .fix c . Mic ael_CC. Ketterling, E July 5, 1994 KLH Engineering, Inc. 822 7th Street, Suite 5 Greeley, Colorado 80631 EXHIBIT "C" 940779 EXHIBIT "D" Year Balance August 11, 1994 to August 10, 1995 $121,837 . 00 August 11, 1995 to August 10, 1996 109 ,653 . 30 August 11, 1996 to August 10, 1997 97 ,469 .60 August 11, 1997 to August 10, 1998 85,285 . 90 August 11, 1998 to August 10, 1999 73, 102 .20 August 11, 1999 to August 10, 2000 60, 918 .50 August 11, 2000 to August 10, 2001 48,734 . 80 August 11, 2001 to August 10, 2002 36,551 . 10 August 11, 2002 to August 10, 2003 24, 367 .40 August 11, 2003 to August 10, 2004 12 , 183 . 70 4dn'77R RESOLUTION RE: APPROVE AGREEMENT FOR SALE AND PURCHASE OF REAL ESTATE WITH JOHN H. SYKES AND AUTHORIZE CHAIRMAN TO SIGN NECESSARY DOCUMENTS WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County currently owns property referred to as the Weld County Business Park, located southwest of the intersection of 11th Avenue and '0' Street, and WHEREAS, said property was purchased in 1987 with Federal funds designated specifically to be used for the purpose of upgrading and developing economically depressed and blighted areas, and WHEREAS, John H. Sykes desires to purchase property in the Weld County Business Park, which property is more specifically described in the attached Exhibits "A", "B", and "C", and WHEREAS, Mr. Sykes plans to build a building on said property and thereafter to lease the building and property to Sykes Enterprises, Inc. , for use as the "Sykes Customer Support Center, " which will employ persons for work in the field of computer software customer support, and WHEREAS, the Board of County Commissioners deems it desirable to sell said property to John H. Sykes, in order to assist in the creation of new jobs in Weld County, Colorado, and WHEREAS, the Board recognizes that sale of said property to Mr. Sykes will benefit the citizens of Weld County, Colorado, in other ways, including, but not limited to, the transfer of property from a non-taxable to taxable status and the construction of buildings in an area of Weld County which has been recognized as in need of development, and WHEREAS, said construction will provide additional jobs in the construction and computer industries which will have an economic benefit to the citizens of Weld County, and WHEREAS, in consideration of the sale of the real estate described in the attached Exhibits "A", "B", and "C", John H. Sykes will pay the sum of $3. 00 and will execute a Note and Deed of Trust for the real property described in the attached Exhibit "A" in favor of Weld County for a period of ten years with a declining annual balance in order to secure the continued ownership of the property by John H. Sykes, and WHEREAS, the Board of County Commissioners now deems it advisable to authorize and approve the sale of the real estate described in the attached Exhibits "A", "B", and "C", to John H. Sykes for the consideration as described in the agreement for such sale. EXHIBIT 1 940632 n _ _ „ 940773 AGREEMENT FOR SALE AND PURCHASE - SYKES PAGE 2 NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the sale of the real estate described in the attached Exhibits "A", "B", and "C" be, and hereby is, authorized and approved for the consideration as described in the agreement for such sale which has been presented to the Board. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign any and all necessary documents to effectuate the sale. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 6th day of July, A.D. , 1994, nunc pro tunc June 30, 1994. BOARD OF COUNTY COMMISSIONERS ATTEST: ALL WELD CCOUNTYY,, COLORADO Weld Cou k / /1 /X/1 / ( d Q4 W. H!`We{sLer, Ch irman / Deputy Clerk to the Board Da ., Hall, Pr TTem 'APPROVED AS TO FORM: c. 7/. x/t, George . Baxter ounty Atto ey Constance L. Harbert / '6arbara J. Kirkm yer 940632 940779 OFFICE BUILDING PARCEL 1 WELD COUNTY BUSINESS PARK LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P .U. D . , a subdivision within the city of Greeley, county of Weld, state of Colorado ; more particularly described as follows : Commencing . at the Northeast Corner of Section 31 , Township 6 North, Range 65 West, of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89° 34 ' 39" West to the North Quarter Corner of said Section 31 , with all bearings contained herein being relative thereto ; thence North 89° 34 ' 39" West along the North line of the Northeast Quarter (NE1/4 ) a distance of 525 . 00 feet; thence South 00 ° 25 ' 21" West, a distance of 50 . 00 feet to the South right-of-way line of "0" Street, the Northwest Corner of Parcel 1, and the True Point of Beginning; Thence South 89 ° 34 ' 39" East along the South right-of-way line of "0" Street, a distance of 445 . 59 feet to a point on a curve to the right having a radius of 30 . 00 feet, a central angle of 89 ° 34 ' 40" , an arc distance of 46 . 90 feet, the long chord of which bears South 44 ° 47 ' 20" East, - a distance of 42 . 27 feet to a point ' on the West right-of-way line of 11th Avenue; thence South 00° 00 ' 00" East along the West right-of-way line of 11th Avenue a distance of 515 . 74 feet; thence leaving said West right-of-way line North 89" 34 ' 39" West, a distance of 592 . 57 feet to a non- tangent point on a curve concave to the Northwest having a radius of 455 . 00 feet, a central angle of 41° 18 ' 00" , an arc distance of 327 . 97 feet, the long chord of which bears North 21° 04 ' 21" East, a distance of 320 . 92 feet; thence North 00° 25 ' 21" East, a distance of 245 . 20 feet to the True Point of Beginning. Said parcel of land contains 6 . 219 acres , more or less , and is subject to any rights-of-way or other easements as granted or reserved by instruments of record or as now existing on said parcel of land. Legal Description prepared by:/422...4 Michael C. Ketterling,CPE June 21, 1994 KLH Engineering, Inc. 822 7th Street, Suite 5 Greeley, Colorado 80631 B 1449 REC 02396261 07/06/94 15 : 54 $0 . 00 2/004 F 1658 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO • EXHIBIT "A" • 940774 OFFICE BUILDING PARCEL 2 WELD COUNTY BUSINESS PARK LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P .U. D . , a subdivision within the city of Greeley, county of Weld, state of Colorado ; more particularly described as follows : Commencing at the Northeast Corner of Section 31 , Township 6 North, Range 65 West. of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89 ° 34 ' 29" West to the North Quarter Corner of said Section 31 , with all bearings contained herein being relative thereto ; thence North 89 ° 34 ' 39" West along the North line of the Northeast Quarter (NE1/4) a distance of 525 . 00 feet; thence South 00°25 ' 21" West, a distance of 50 . 00 feet to the South right-of-way line of "O" Street, the Northeast Corner of Parcel 2 , and the True Point of Beginning; Thence South 00° 25 ' 21" West a distance of 245 . 20 feet to a point on a curve to the right having a radius of 455. 00 feet, a central angle of 41° 18 ' 00" , an arc distance of 327 . 97 feet, the long chord of which bears South 21° 04 ' 21" West, a distance of 320 . 92 feet; thence North 89 ° 34 ' 39" West, a distance of 84 . 52 . feet to a non-tangent point on a curve concave to the Northwest having a radius of 395 . 00 feet, a central angle of 46 ° 39 ' 03" , an arc distance of 321. 61 feet, the long chord of which bears. North 23 ° 44 ' 52" East, a distance of 312 . 80 feet; thence North 00° 25 ' 21" East, a distance of 245 . 20 feet to a point on the South right-of-way line of "0" Street; thence along said South right-of-way line South 89 ° 34 ' 39" East a .distance of 60 . 00 feet to the True Point of Beginning. Said parcel of land contains 0 . 798 acres , more or less , and is subject to any rights-of-way or other easements as granted or reserved by instruments of record or as now existing on said parcel of land. Legal Description prepared by: /X."4 ".<1;eite-\",, Michael C. Ketterling, t June 21 , 1994 KLH Engineering, Inc. 822 7th Street, Suite 5 Greeley, Colorado 80631 B 1449 REC 02396261 07/06/94 15 : 54 $0 . 00 3/004 F 1659 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO EXHIBIT "B" 94077s OFFICE BUILDING PARCEL 3 WELD COUNTY BUSINESS PARK REVISED LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P. U. D. , a subdivision within the city of Greeley, county of Weld, state of Colorado ; more particularly described as follows: Commencing at the Northeast Corner of Section 31 , Township 6 North, Range 65 West. of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89 ° 34 ' 29" West to the North Quarter Corner of said Section 31 , with all bearings contained herein being relative thereto; thence North 89 ° 34 ' 39" West along the North line of the Northeast Quarter (NE1/4 ) a distance of 585 . 00 feet; thence South 00°25' 21" West, a distance of 50 . 00 feet to the South right-of-way line of "0" Street, the Northeast Corner of Parcel 3 , and the True Point of Beginning; Thence South 00° 25 ' 21" West a distance of 245 . 20 feet to a point on a curve to the right having a radius of 395 . 00 feet, a central angle of 46° 39 ' 03 " , an arc distance of 321. 61 feet, the long chord of which bears South 23 ° 44 ' 52" West a distance of 312 . 80 feet; thence South 47 ° 04 ' 24" West, a distance of 19 . 03 feet; thence North 89 ° 34 ' 39" West, a distance of 332 . 31 feet; . thence North 00° 25 ' 21" East, a distance of 545 . 50 feet to a point on the South right-of-way line of "0" Street; thence along said South right-of-way line South 89° 34 ' 39" East a distance of 470 . 00 feet to the True Point of Beginning. Said parcel of land contains 5 . 594 acres, more or less, and is subject to any rights-of-way or other easements as granted or reserved by instruments of record or as now existing on said parcel of land. Legal Description prepared by:/1 • 444\44 MicI'iael C. Ketterling, E July 5 , 1994 KLH Engineering, Inc. 822 7th Street, Suite 5 Greeley, Colorado 80631 B 1449 REC 02396261 07/06/94 15 : 54 $0 . 00 4/004 F 1660 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO EXHIBIT "C" 940'7'73 AKterlfa2b3 it o'clock M. , _No. DEED OF TRUST THIS DEED OF TRUST, dated June 30, 1994, between John H. Sykes, the grantor herein, whose address is 545 Sanctuary Drive, Unit B-404, Long Boat Key, Florida 34228, and the PUBLIC TRUSTEE of the County of Weld, in the State of Colorado. Witnesseth: The grantor, to secure a promissory note dated June 30, 1994, for the total rincipal sum of $121,837.00 payable to the order of the County of Weld, State of Colorado, by and through the Ho unty Commissioners of Weld County, the beneficiary herein, whose address is 915 Tenth Street, Gkeeley, Color 8 after the date thereof, with no interest due thereon and subject to the provisions and conditione ,.or forgiveness t forth in said promissory note, does hereby grant and convey unto said Public Trustee the folrpwwi desa bed ro arty, situate in the County of Weld, State of Colorado, to wit: � All of the real property described in the attached "Exhi t ao C Ui ra`➢ r ti raj' lessee 7.3 ( y� TO HAVE AND TO HOLD the same together with all its appurt ances, in trustCfrtheless, that in case of default in the payment of said note or any part thereof, or in the perfo ance of any omises and covenants set forth in said note or as hereinafter set forth, then upon the beneficiary (note hold notice of election and demand for sale, said Public Trustee, after advertising notice of said sale weekly, for not less than four weeks, in some newspaper of general circulation in said County, shall sell said property in the manner provided by law in effect at the time of filing said notice and demand, at public auction for cash, at any proper place designated in the notice of sale. Out of the proceeds of said sale said Trustee shall retain or pay first all fees, charges and costs and all moneys advanced for taxes, insurance and assessments, or on any prior encumbrance, with interest thereon, and pay the amount due on said note, rendering the overplus (if any) unto the grantor; and after the expiration of the time of redemption, said Trustee shall execute and deliver to the purchaser a deed to the property sold. The beneficiary may purchase said property or any part thereof at such sale. The grantor covenants that at the time of delivery of these presents, he is seized of said property in fee simple, and that said property is free of encumbrances, except the promissory note and deed of trust securing a first mortgage on said property which shall not exceed eighty per cent (80%) of the market value of said property. Such first mortgage shall be recorded subsequent to the date hereof. Such first mortgage may be satisfied and a new or replacement recorded indebtedness from time to time and this Deed of Trust shall be subordinate thereto. The grantor also covenants that he will keep all buildings insured with a company approved by the beneficiary for fire and extended coverage in an amount equal to the unpaid balance of said note with loss payable to the beneficiary, will deliver a copy of the policy to the beneficiary, and will pay all taxes and assessments against said property and amounts due on prior encumbrances. If grantor shall fail to pay insurance premiums, taxes, or amounts due on prior encumbrance, the beneficiary may pay the same and all amounts shall become additional indebtedness due hereunder, and in case of foreclosure, the grantor will pay all reasonable attorney's fees incurred by the beneficiary. Should the beneficiary hereunder be made a party to any action affecting this deed of trust or the title to said property, the grantor agrees that all court costs and a reasonable attorney's fee paid by the beneficiary shall become additional indebtedness due hereunder, and the grantor does hereby release and waive all claims in said property as a homestead exemption or other exemption now or hereafter provided by law. It is agreed that in case of default in payment of said principal or interest or a breach of any of the covenants herein, then said amount hereby secured may at the option of the beneficiary become due and payable at once, anything in said note to the contrary notwithstanding and possession of said property will thereupon be delivered to the beneficiary, and on failure to deliver such possession the beneficiary shall be entitled to a receiver for said property, who may be appointed by any court of competent jurisdiction. Whenever used herein the singular number shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. All of the covenants herein shall be binding upon the respective heirs, personal representatives, successors, and assigns of the parties hereto. Executed the day and year first above written. ' JO HI H. SYKES STATE OP.polo1AD0) 71`I : ing,OstrFAent was acknowledged before me this 30th day of June, 1994, by John H. Sykes. My Comatriwerm ekpires r 'J ) , 19 %1O. Witness my han ��d0�official seal. • rF Or c. y2lOD fit d.1 itn ) otary Public )P.O. &r 258, a) 8063* Address No. 9238. Rev. 6-85 DEED OF TRUST (Public Trustee) without Due on Sale Clause 6-85 WHEN RECORDED RETURN TO: R 1449 REC 02396263 07/06/94 15 : 55 $0 , 00 1/002 V 1664 MARY ANN FEUERSTEIN CL ;RK RECORDER WELD CO, CO 940778 8 7449 RFC -39626.i 07/06/94 15 : 55 F' 1665 MARY ANN FEUt.:R$TF.iN CLERK & RECoHDRR WELD CO, CO c'0 OFFICE BUILDING PARCEL 3 WELD COUNTY BUSINESS PARK REVISED LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, Township 6 North, Range 65 West. of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89° 34 ' 29" West to the North Quarter Corner of said Section 31, with all bearings contained herein being relative thereto; thence North 89° 34 ' 39" West along the North line of the Northeast Quarter (NE1/4) a distance of 585. 00 feet; thence South 00°25' 21" West, a distance of 50 . 00 feet to the South right-of-way line of "O" Street, the Northeast Corner of Parcel 3 , and the True Point of Beginning; Thence South 00° 25' 21" West a distance of 245 . 20 feet to a point on a curve to the right having a radius of 395. 00 feet, a central angle of 46° 39 ' 03" , an arc distance of 321. 61 feet, the long chord of which bears South 23 ° 44' 52" West a distance of 312 . 80 feet; thence South 47° 04 ' 24" West, a distance of 19 . 03 feet; thence North 89° 34 ' 39" West, a distance of 332 . 31 feet; thence North 00° 25 ' 21" East, a distance of 545 . 50 feet to a point on the South right-of-way line of "O" Street; thence along said South right-of-way line South 89 ° 34 ' 39" East a distance of 470. 00 feet to the True Point of Beginning. Said parcel of land contains 5. 594 acres, more or less, and is subject to any rights-of-way or other easements as granted or reserved by instruments of record or as now existing on said parcel of land. Legal Description prepared by: /VIA" ' c Michael C. Ketterling, E July 5, 1994 KLH Engineering, Inc. 822 7th Street, Suite 5 Greeley, Colorado 80631 EXHIBIT "A" 940779 ATTACHED DOCUMENTS WERE CANCELLED AUGUST, 1994, AND AMENDED AGREEMENT FOR SALE AND PURCHASE AGREEMENT WAS FINALIZED AUGUST 15, 1994 - SEE DOCUMENT #940778 L. DODGE, DEPUTY o'clock M. , 4W240207g • Recorder. SPECIAL WARRANTY DEED John H. Sykes, whose legal address is 545 Sanctuary Driv Unit 8-404, Long Boat Key, Florida 34228, for good and valuable considerati , in hand paid, hereby sell(s) and convey(s) to the County of Weld, a body corpo to and politic of the State of Colorado, whose address is 915 Tenth Street, G eley, Colorado, County of Weld and State of Colorado, the following real propert in the County of Weld and State of Colorado, to wit: All of the real property described in the tached Exhibits "A", "B", and "C,. with all its appurtenances and warrant s) the title against all persons claiming under John H. Sykes. Signed and delivered this I. day of , 1914 . BY: aliti J hn H. Sykes STATE OF COLORADO ) SS. COUNTY OF WELD ) / e } re+gding nstrumeat .was acknowledged before me this // day of ,19/Y, by John H. Sykes. gy CGCM:1'16' n expires MyO niss)unExpiresJanuary10,1 19 •.Maine4e( 4: . hand and official seal. • 1 Not y Pubriej /`� Name an Address of Person Creating Newly Creat Legal Description (S 38-35-106.5, C.R.S.) S sykes.arn DOC 2402078 B-1454 P-1005 08/11/94 04:39P PG 1 OF 4 R0000 Mary Ann Feuerstein Weld Co. , Clerk & Recorder OFFICE BUILDING / PARCEL 1 / WELD COUNTY BUSINESS PARK „, LEGAL DESCRIPTION /`f A part of Tract "B" , Weld County Business Park P.U.D. , a /,/ subdivision within the city of Greeley, county of Weld, stat of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, ownship 6 North, Range 65 West, of the 6th Principal Meridian, d considering the North line of the Northeast Quarter NE1/4) to bear North 89° 34 ' 39" West to the North Quarter C ner of said Section 31, with all bearings contained herein b ng relative thereto; thence North 89° 34 ' 39" West along th North line of the Northeast Quarter (NE1/4) a distance of 5 . 00 feet; thence South 00° 25' 21" West, a distance of 50. 00 eet to the South right-of-way line of "O" Street, the North st Corner of Parcel 1, and the True Point of Beginning; Thence South 89° 34 ' 39" East along th South right-of-way line of "O" Street, a distance of 445.59 f et to a point on a curve to the right having a radius of 30. 00 et, a central angle of 89° 34 ' 40" , an arc distance of 46. 90 eet, the long chord of which bears South 44° 47 ' 20" East, a stance of 42 . 27 feet to a point on the West right-of-way line o 11th Avenue; thence South 00° 00' 00" East along the West ri t-of-way line of 11th Avenue a distance of 515. 74 feet; the e leaving said West right-of-way line North 89° 34 ' 39" West./ a distance of 592 . 57 feet to a non- tangent point on a curve cgficave to the Northwest having a radius of 455. 00 feet, a central/angle of 41° 18' 00" , an arc distance of 327 . 97 feet, the long chord of which bears North 21° 04' 21" East, a distance of 320 . 92 feet; thence North 00° 25' 21" East, a distance of 245. 20 fe to the True Point of Beginning. Said parcel of land contains 6. 219 acres, more or less, and is subject to any rig s-of-way or other easements as granted or reserved by instr ments of record or as now existing on said parcel of land. Legal Descript on prepared by: '4_ Michael C. Ketterling, June 21, 994 KLH Eng ' eering, Inc. 822 7t Street, Suite 5 Creel , Colorado 80631 EXHIBIT "A" 1 2402078 B-1454 P-:1005 08/11/94 04:39P PG 2 OF 4 OFFICE BUILDING PARCEL 2 // WELD COUNTY BUSINESS PARK / LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 1, Township 6 North, Range 65 West. of the 6th Principal Meridi , and considering the North line of the Northeast Quar er (NE1/4) to bear North 89° 34 ' 29" West to the North Quarte Corner of said Section 31, with all bearings contained herei being relative thereto; thence North 89° 34 ' 39" West along he North line of the Northeast Quarter (NE1/4) a distance of 25. 00 feet; thence South 00°25' 21" West, a distance of 50. 00 feet to the South right-of-way line of "O" Street, the Nor east Corner of Parcel 2 , and the True Point of Beginning; Thence South 00° 25' 21" West a dista ce of 245. 20 feet to a point on a curve to the right havin a radius of 455. 00 feet, a central angle of 41° 18 ' 00" , an a distance of 327 . 97 feet, the long chord of which bears South 2 ° 04 ' 21" West, a distance of 320. 92 feet; thence North 89° 34 39" West, a distance of 84 . 52 feet to a non-tangent point on curve concave to the Northwest having a radius of 395 . 00 fee , a central angle of 46° 39' 03" , an arc distance of 321. 61 fe , the long chord of which bears North 23 ° 44 ' 52" East, a distance of 312 . 80 feet; thence North 00° 25' 21" E st, a distance of 245. 20 feet to a point on the South right- f-way line of "O" Street; thence along said South fight-of-way line South 89° 34 ' 39" East a distance of 60. 00 fe to the True Point of Beginning. Said parcel of land ntains 0.798 acres, more or less, and is subject to any righ -of-way or other easements as granted or reserved by instru ents of record or as now existing on said parcel of land. Legal Descripti n prepared by: Michael C. etterling, June 21, 1 94 KLH Engi ering, Inc. 822 7th treet, Suite 5 Greeley, Colorado 80631 EXHIBIT "B" 2402078 B-1454 P-1005 08/] 1/94 04:39P PG 3 OF 4 OFFICE BUILDING PARCEL 3 Zee WELD COUNTY BUSINESS PARK /I/ REVISED LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, ate of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section , Township 6 North, Range 65 West. of the 6th Principal Meridi , and considering the North line of the Northeast Quar r (NE1/4) to bear North 89° 34 ' 29" West to the North Quart Corner of said Section 31, with all bearings contained herei being relative thereto; thence North 89° 34 ' 39" West alon the North line of the Northeast Quarter (NE1/4) a distance o 585 . 00 feet; thence South 00°25' 21" West, a distance of 50. 0 feet to the South right-of-way line of "0" Street, the No heast Corner of Parcel 3 , and the True Point of Beginning; Thence South 00° 25' 21" West a dis nce of 245 . 20 feet to a point on a curve to the right havi g a radius of 395 . 00 feet, a central angle of 46° 39 ' 03" , an rc distance of 321. 61 feet, the long chord of which bears South 3° 44 ' 52" West a distance of 312 . 80 feet; thence South 47° 4 ' 24" West, a distance of 19 . 03 feet; thence North 89° 34 ' 39 West, a distance of 332 . 31 feet; thence North 00° 25' 21" Ea , a distance of 545. 50 feet to a point on the South right-o way line of "0" Street; thence along said South right-of-way 1 ne South 89° 34 ' 39" East a distance of 470 . 00 feet to the Trueint of Beginning. Said parcel of landtains 5. 594 acres, more or less, and is subject to any right of-way or other easements as granted or reserved by instrum is of record or as now existing on said parcel of land. / I Legal Descriptio prepared by: II / c Mi.c ael C. K= terling, E July 5, 199a KLH Engine= ing, Inc. 822 7th S eet, Suite 5 Greeley, olorado 80631 / EXHIBIT "C" 2402078 B-1454 P-1005 08/11/94 04:39P PG 4 OF 4 . at o'clock M. , AR241:12U79 No. Recorder. SPECIAL WARRANTY DEED i The County of Weld, a body corporate and politic of the State of lorado, whose address is 915 Tenth Street, Greeley, Colorado, County of Weld, d State of Colorado, for the consideration of Three Dollars ($3.00) , in hand pai , hereby sell(s) and convey(s) to Sykes Realty, Inc. , a Florida Corporation, hose legal address is 545 Sanctuary Drive, Unit B-404, Long Boat Key, Florida 4228, the following real property in the County of Weld and State of Colora , to wit: All of the real property described in the attached E ibits "A", "B", and "C", with all its appurtenances and warrant(s) the titl against all persons claiming under Weld County. // Signed and delivered this // day of , ill � %/ a T 19 ATTEST: �sr/,r/ /+ � a.L % c; 1eascorporate and CLERK TO THE BOARD ) LA\BY: 07/ 41 BY: - 4 h�Jqyq.1 )0 �r`v . (. W. H. Webster, Chairman Board of County Commissioners of the County of Weld, State of Colorado STATE OF COLORADO ) ss. COUNTY'OF WELD / ( day of 'The for oin instrument was acknowledged before me this 194?(../, by W. H. Webster, Chairman, Board of County C �`se; ner of he County of Weld State o rlorado. My Commission Expires January iv,I wJi = t,14y•ComcN` eion expires 19 Witness my hand and off tA.alrs'ea . Not Pub >c Q8�A - Name and dress of Person Creating Newly Created al Description (5 38-35-106.5, C.R.S.) 2402079 B-1454 P-1006 08/11/94 04:39P PG 1 OF 4 REC DOC awdeykes.gjb Mary Ann Feuerstein Weld Co. , Clerk & Recorder 0.00 OFFICE BUILDING PARCEL 1 WELD COUNTY BUSINESS PARK LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state Colorado; more particularly described as follows: / Commencing at the Northeast Corner of Section 31, To ship 6 North, Range 65 West, of the 6th Principal Meridian, an considering the North line of the Northeast Quarter (N /4) to bear North 89 ° 34 ' 39" West to the North Quarter Cor r of said Section 31 , with all bearings contained herein bein relative thereto; thence North 89 ° 34 ' 39" West along the rth line of the Northeast Quarter (NE1/4) a distance of 525 . 0 feet; thence South 00° 25' 21" West, a distance of 50. 00 fe to the South right-of-way line of "0" Street, the Northwes Corner of Parcel 1, and the True Point of Beginning; Thence South 89° 34 ' 39" East along the S uth right-of-way line of "0" Street, a distance of 445 . 59 fee to a point on a curve to the right having a radius of 30. 00 fee , a central angle of 89° 34 ' 40" , an arc distance of 46 . 90 fee , the long chord of which bears South 44 ° 47 ' 20" East, a dist nce of 42 . 27 feet to a point on the West right-of-way line of 11 h Avenue; thence South 00° 00' 00" East along the West right- f-way line of 11th Avenue a distance of 515 . 74 feet; thence eaving said West right-of-way line North 89° 34 ' 39" West, a stance of 592 . 57 feet to a non- tangent point on a curve conc e to the Northwest having a radius of 455 . 00 feet, a central an e of 41° 18' 00" , an arc distance of 327 . 97 feet, the long ch rd of which bears North 21° 04 ' 21" East, a distance of 320 . 92 feet; thence North 00° 25' 21" East, a distance of 245 . 20 feet the True Point of Beginning. Said parcel of land co ains 6 . 219 acres, more or less, and is subject to any rights of-way or other easements as granted or reserved by instrum is of record or as now existing on said parcel of land. / Legal Descripti prepared by: 4,I c Michael C. Cetterling, June 21, 994 KLH Engi eering, Inc. 822 7t Street, Suite 5 Creel , Colorado 80631 EXHIBIT "A" 2402079 B-1454 P-1006 08/11/94 04:39P PG 2 OF 4 OFFICE BUILDING PARCEL 2 WELD COUNTY BUSINESS PARK LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, wnship 6 North, Range 65 West. of the 6th Principal Meridian, d considering the North line of the Northeast Quarter NE1/4) to bear North 89° 34 ' 29" West to the North Quarter rner of said Section 31, with all bearings contained herein ing relative thereto; thence North 89° 34 ' 39" West along e North line of the Northeast Quarter (NE1/4) a distance of 25 . 00 feet; thence South 00°25 ' 21" West, a distance of 50. 0 feet to the South right-of-way line of "O" Street, the No east Corner of Parcel 2 , and the True Point of Beginning; , /a Thence South 00° 25' 21" West a di ance of 245 . 20 feet to a point on a curve to the right ha ng a radius of 455 . 00 feet, a central angle of 41° 18 ' 00" , 9, arc distance of 327 . 97 feet, the long chord of which bears Sogt'h 21° 04 ' 21" West, a distance of 320. 92 feet; thence North 8rr 34 ' 39" West, a distance of 84 . 52 feet to a non-tangent poiryt on a curve concave to the Northwest having a radius of 395 . 0(9 feet, a central angle of 46° 39 ' 03" , an arc distance of 321/.1 feet, the long chord of which bears North 23 ° 44 ' 52" Eas ', a distance of 312 . 80 feet; thence North 00° 25',/21" East, a distance of 245. 20 feet to a point on the South fight-of-way line of "O" Street; thence along said south right-of-way line South 89° 34 ' 39" East a distance of 60,60 feet to the True Point of Beginning. Said parcel of/ and contains 0. 798 acres, more or less, and is subject to an ' rights-of-way or other easements as granted or reserved by , nstruments of record or as now existing on said parcel of 1 nd. Legal Des iption prepared by: Michae C. Ketterling, June , 1994 KLH gineering, Inc. 822 th Street, Suite 5 Gre ley, Colorado 80631 EXHIBIT "B" 2402079 B-1454 P-1006 08/11/94 04:39P PG 3 OF 4 OFFICE BUILDING PARCEL 3 WELD COUNTY BUSINESS PARK REVISED LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U. D. , a tir subdivision within the city of Greeley, county of Weld, statf Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, T wnship 6 North, Range 65 West. of the 6th Principal Meridian, a considering the North line of the Northeast Quarter ( 1/4) to bear North 89° 34 ' 29" West to the North Quarter Copper of said Section 31, with all bearings contained herein bei g relative thereto; thence North 89° 34 ' 39" West along the orth line of the Northeast Quarter (NE1/4) a distance of 585 00 feet; thence South 00°25' 21" West, a distance of 50 . 00 fe to the South right-of-way line of "O" Street, the Northeast Corner of Parcel 3 , and the True Point of Beginning; / Thence South 00° 25 ' 21" West a distant of 245 . 20 feet to a point on a curve to the right having radius of 395. 00 feet, a central angle of 46° 39 ' 03" , an arc istance of 321. 61 feet, the long chord of which bears South 23 ° 44 ' 52" West a distance of 312 . 80 feet; thence South 47° 04 ' 44" West, a distance of 19 . 03 feet; thence North 89° 34 ' 39" st, a distance of 332 . 31 feet; thence North 00° 25' 21" East, / distance of 545. 50 feet to a point on the South right-of-4y line of "O" Street; thence along said South right-of-way line/South 89° 34 ' 39" East a distance of 470 . 00 feet to the True Pont of Beginning. Said parcel of land con ins 5 . 594 acres, more or less, and is subject to any rights-If-way or other easements as granted or reserved by instrumens of record or as now existing on said parcel of land. // Legal Description/prepared by: c . Mic ael C. K terling, E July 5 , 199 KLH Engine ing, Inc. 822 7th S eet, Suite 5 Greeley, olorado 80631 EXHIBIT "C" 2402079 B-1454 P-1006 08/11/94 04:39P PG 4 OF 4 / Axe-came REQUEST FOR RELEASE OF DEED OF TRUST AND RELEASE �'` August 11, 1994 Date a , John H. Sykes Grantor (Borrower) / . r County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County Original Beneficiary ender) June 30, 994 Date of Deed of Tr t July 6, 199 Recording Date o Deed of Trust Weld County of Rec ding 02396263 Reception a d/or Film Nos. Reception No. Film No. of Record Deed of Trust 1449 Book an Page of Deed of Book No. Page No. Trust TO THE PUBLIC TRUSTEE OF w D COUNTY (The Public Trustee o which the above Deed of Trust conveys the said property. ) Please execute this relea e, as the indebtednes secured by the Deed of Trust has been fully or rtiie y a' t e purpose of the D d of Trust has been fully satisfied. ATTEST:'V / - . BOARD COUNTY C MMI SIIONERS OF WELD COUNTY, COLD --!- s��� /Ldl£sat !/0/„.( CLERK TO r B Ar`� `°N r-" r j,; ////(1C-s_/ \ W H. Webster, Chairman BY: / '/-, -r G '.r mss' (Deputy Clerk to he Board STATE OF COLORADO ) sa c , A \ COUNTY OF WELD , ) \. Th €bregoing•,&t�tachment to Pr missory Note ted June 30, 1994 was acknowledged before me on _...4 !`//j i/Yi`y , 1994 y Dale K. Hall, o-Tem, for W. H. Webster, Chairman, Board of County ¢¢Wesionere of wel county, Colorado. My Commission Expires January 10,199J r $j4dd WW byU Land and official seal. Date Corymtpssss Dn pires `', OF Notary Public RELEASE OF DEED OF TRUST ' WHEREAS, the ab ve-referenced Grantor(s) , by Deed of ust, conveyed certain real property described in said Deed of Trust to the Public Trust a of the county referenced above, in the St to of Colorado, to be held in trust to cure the payment of the indebtedness ref red to therein; and WHEREAS, the indebtedness secured by the Deed of Trust has beek fully or partially paid and/or the pur se of the Deed of Trust has been fully satisfied as et forth in the written request of th current owner and holder of the said indebtedness. `\ NOW, THE FORE, in consideration of the premises and the paymenttof the statutory sum, receipt of hich is hereby acknowledged, I, as the Public Trustee in the County first referenced above, do hereby remise, release and quitclaim unto the prd ent owner or owners of said r al property, and unto the heirs, successors and assigns of ch owner or owners forever„ 11 the right, title, and interest which I have under and by virt e of the aforesaid Deed of rust in the real estate described therein, to have and to hold he same, with all the prrileges and appurtenances thereunto belonging forever; and further do hereby filly and ab olutely release, cancel and forever discharge said Deed of Trust. 6013 i 149k Public Trustee r C BY Gtre_it.c oY� C Z idt/11Ld/ Deputy Public Trustee STATE OF COLORADO ) as. COUNTY OF WELD ) The foregoing instrument was acknowledged before me on AUG 1 t 19941 , 1994 by ' i . , . _ 'iVlllrb as the iytifdt1 /7 Public Trustee of Weld County, Colorado. Witness by hand and official seal. Date C mmission.Rxpi /' APRIL 4, 199 Notary Public / Original Note and Deed of Trust ReturneJ to: - Received by 2402082 P-1454 P-1009 08/11/94 04:42P PG 1 OF REC DOC Mary Ann Feuerstein Weld Co. , Clerk & Recorder 0.00 t o'clock M. , ARd40dUtl3 go. DEED OF TRUST THIS DEED OF TRUST, dated August 11, 1994, between SYKES REALTY, INC., A FLORIDA CORPORATION, the grantor herein, who address is 545 Sanctuary Drive, Unit 0-404, Long Boat Key, Florida 34228, and the PUBLIC TRUSTEE of the County of w d, in the State of Colorado. / Witnesseth: /r i The grantor, to secure a promissory note dated August 11, 1994, for the total principal sum of $121,837.00 yable to the. order of the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld unty, the beneficiary herein, whose address is 915 Tenth Street, Greeley, Colorado 80631, after the date thereof, th no interest due thereon and subject to the provisions and conditions for forgiveness as set forth in said promisso note, does hereby grant and convey unto said Public Trustee the following described property, situate in the Co ty of Weld, state of Colorado, to wit: All of the real property described in the attached "Exhibit A." TO HAVE AND TO HOLD the same together with all its appurtenances, in trust neverthele , that in case of default in the payment of said note or any part thereof, or in the performance of any of the promis and covenants set forth in said note or as hereinafter set forth, then upon the beneficiary (note holder) filing n ice of election and demand for sale, said Public Trustee, after advertising notice of said sale weekly, for not less an four weeks, in some newspaper of general circulation in said County, shall sell said property in the manner prov ded by law in effect at the time of filing said notice and demand, at public auction for cash, at any proper plac designated in the notice of sale. out of the proceeds of said sale said Trustee shall retain or pay first all fees, arges and costs and all moneys advanced for taxes, insurance and assessments, or on any prior encumbrance, with inter t thereon, and pay the amount due on said note, rendering the ovsrplus (if any) unto the grantor; and after the e iration of the time of redemption, said Trustee shall execute and deliver to the purchaser a deed to the property sold/ The beneficiary may purchase said property or any part thereof at such sale. The grantor covenants that at the time of delivery of these resents, he is seized of said property in fee simple, and that said property is free of encumbrances, except the pr ssory note and deed of trust securing a first mortgage cr said property which shall not exceed eighty per cent (80%) of he market value of said property. Such first mortgage shall be recorded subsequent to the date hereof. Such fire mortgage may be satisfied and a new or replacement recorder indebtedness from time to time and this Deed of Trust she be subordinate thereto. The grantor also covenants that he will keep all tidings insured with a company approved by the beneficiary for fire and extended coverage in an amount equal to the npaid balance of said note with loss payable to the beneficiary, will deliver a copy of the policy to the beneficl , and will pay all taxes and assessments against said property and amounts due on prior encumbrances. If grantor e 1 fail to pay insurance premiums, taxes, or amounts due on prior encumbrance, the beneficiary may pay the same a all amounts shall become additional indebtedness due hereunder, and ir case of foreclosure, the grantor will pay all easonable attorney's fees incurred by the beneficiary. Should the beneficiary hereunder be e a party to any action affecting this deed of trust or the title to said property, the grantor agrees that all co t costa and a reasonable attorney's fee paid by the beneficiary shall become additional indebtedness due hereunder, nd the grantor does hereby release and waive all claims in said property ae a homestead exemption or other exemptio now or hereafter provided by law. / It is agreed that in case of efault in payment of said principal or interest or a breach of any of the covenants herein, then said amount hereby ecured may at the option of the beneficiary become due and payable at once, anything ir. said note to the contrary notw hstanding and possession of said property will thereupon be delivered to the beneficiary, and on failure to deliver su possession the beneficiary shall be entitled to a receiver for said property, who may be appointed by any court of c patent jurisdiction. Whenever used here the singular number shall include the plural, the plural the singular, and the use of any gender shall be applic le to all genders. All of the covenants herein shall be binding upon the respective heirs, personal representat es, successors, and assigns of the parties hereto. Executed the ay and year first above written. 4 - -4. Carpeie te. .Peter_reti-ce,ry JOHN SYKEs, PRES DEI, /j �YXE REALTY, INC., A RIDA CORPORATION STATE OF COLORADO)1 r i. �. wed COUNTY OP'WELD, t). l '. The ;riming inst rument trument was acknowledged before me this /( day of (1; 4,c)- , 1994, by John H. Sykes, President, SYKES REALTY, INC., A FLORIDA RPOBA ' ,f ' `- MyCIXnmiSSi00E)cPireS emery X995 My Commission expires , 19 Witness my hand ani4zrcW ial seal.( &k 9i. /0 ' , _ �n x 'J -11.1 — Address c,G(, , No. 923B. Rev. 6-85 DEED OF TRUST (Public Trustee) without Due on Sale Clause 6-85 WHEN RECORDED RETURN TO: 2402083 B-1454 P-1010 08/11/94 04:43P PG 1 OF 2 REC DOC Mary Ann Feuerstein Weld Co. , Clerk & Recorder 0.00 OFFICE BUILDING PARCEL 3 WELD COUNTY BUSINESS PARK REVISED LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, Township 6 North, Range 65 West. of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89° 34 ' 29" West to the North Quart f Corner of said Section 31, with all bearings contained here ' being relative thereto; thence North 89° 34' 39" West alon the North line of the Northeast Quarter (NE1/4) a distance 585. 00 feet; thence South 00°25' 21" West, a distance of 50. 0 feet to the South right-of-way line of "O" Street, the N theast Corner of Parcel 3 , and the True Point of Beginning; Thence South 00° 25' 21" West a di,4tance of 245. 20 feet to a point on a curve to the right haying a radius of 395. 00 feet, a central angle of 46° 39 ' 03" , a/ arc distance of 321. 61 feet, the long chord of which bears Souph 23° 44 ' 52" West a distance of 312 . 80 feet; thence South 477 04 ' 24" West, a distance of 19 . 03 feet; thence North 89° 34 ' 49" West, a distance of 332 . 31 feet; thence North 00° 25' 21" East, a distance of 545. 50 feet to a point on the South right/of-way line of "O" Street; thence along said South right-of-waj line South 89° 34' 39" East a distance of 470. 00 feet to the TyUe Point of Beginning. Said parcel of la . contains 5. 594 acres, more or less, and is subject to any r ' •hts-of-way or other easements as granted or reserved by ins ruments of record or as now existing on said parcel of lane . Legal Descr ' •tion prepared by: 11 e „ �rte'"iI7 Mic ae C. Ketterling, E July , 1994 KLH ' gineering, Inc. 822 th Street, Suite 5 Gr- - ley, Colorado 80631 EXHIBIT "A" 2402083 B-1454 P-1010 08/11/94 04:43P PG 2 OF 2 AR24ch jdll PROMISSORY NOTE WITH PROVISION FOR FORGIVENESS $121, 837 . 00 Greeley, Colorado August 11, 1994 The undersigned, SYKES REALTY, INC. , A FLORIDA CORPORATION, hereinafter referred to as "Maker" , hereby promises to pay to the order of the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, Colorado, the sum of $121,837 . 00, to be repaid without interest in ten equal annual installments , due and payable commencing one year from the making of this Note and continuing each year thereafter until full and final payment is made. The annual payments will be excused if, and only if, on each of the anniversary dates the Maker is the legal and equitable owner of the real estate which is described in the attached "Exhibit A. " The principal balance shall be reduced by the amount of any excused payment. Notwithstanding the foregoing provision, if said real estate is the subject of a "prohibited" transfer at any time before August 10, 2004, the entire balance of this Note shall become due and payable immediately. For purposes of this Note, a "prohibited" transfer includes the sale thereof . A "prohibited" transfer does not include: 1 . The creation of a lien or incumbrance subordinate to the Deed of Trust securing this Note; 2 . The transfer of title by devise or descent, or to Maker' s apparent heirs, or to a corporation controlled by Maker or his apparent heirs, or by operation of law upon the death of a joint tenant; or 3 . A sale or other transfer to which the Board of County Commissioners of Weld County, Colorado, consents in writing. Notwithstanding any other provision of this paragraph, the Board of County Commissioners of Weld County, Colorado, shall have no right to declare a default if the County of Weld, State of Colorado, and the transferee mutually agree in writing to the assumption of the indebtedness by the transferee. This Note shall be subordinate to the Deed of Trust and Promissory Note for a first mortgage on said real estate which shall not exceed 80 percent of market value. Maker acknowledges that the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, Colorado, has transferred to it the ownership of said real estate, with current market value as of the date of the signing of this Note in the amount shown above, for the purpose of the development of a business located on said real estate, and a condition for forgiveness of this Note is that the undersigned continues to own 1 2402080 8-1454 P-1007 08/11/94 04:40P PG 1 OF 3 REC DOC Mary Ann Feuerstein Weld Co. , Clerk & Recorder 0.00 said real estate for at least ten years from the date of the Note. The undersigned further acknowledges that the purpose of this Note and the accompanying Deed of Trust is to secure and assure compliance with that condition. The undersigned further acknowledges that the transfer of said real estate to it constitutes sufficient and adequate consideration for this Note. The indebtedness evidenced by this Note is secured by a Deed of Trust, dated August 11, 1994 and, until released, said Deed of Trust contains additional rights of the noteholder. AWesk" CCUX�� - is B1 A5-st. pc.rti-c. 'S -Y 1 JO N . SYKES, Pr ident SY E REALTY, C. , A FLORIDA CO RATION SUBSCRIBED AND SWORN ttoo before me this /7 day of l W NESS my hand and official seal . t No'tiry Pu it io • . •`Aft '• • • Qariion expires : `';p U F n_ pneykes.gjb 2 2402080 B-1454 P-1007 08/11/94 04:40P PG 2 OF 3 OFFICE BUILDING PARCEL 3 WELD COUNTY BUSINESS PARK REVISED LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, Township 6 North, Range 65 West. of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89° 34 ' 29" West to the North Quarter Corner of said Section 31, with all bearings contained herein being relative thereto; thence North 89° 34 ' 39" West along the North line of the Northeast Quarter (NE1/4) a distance of 585. 00 feet; thence South 00°25' 21" West, a distance of 50. 00 feet to the South right-of-way line of "O" Street, the Northeast Corner of Parcel 3 , and the True Point of Beginning; Thence South 00° 25' 21" West a distance of 245. 20 feet to a point on a curve to the right having a radius of 395. 00 feet, a central angle of 46° 39 ' 03" , an arc distance of 321. 61 feet, the long chord of which bears South 23 ° 44 ' 52" West a distance of 312 . 80 feet; thence South 47° 04 ' 24" West, a distance of 19 . 03 feet; thence North 89° 34 ' 39" West, a distance of 332 . 31 feet; thence North 00° 25' 21" East, a distance of 545. 50 feet to a point on the South right-of-way line of "O" Street; thence along said South right-of-way line South 89° 34 ' 39" East a distance of 470. 00 feet to the True Point of Beginning. Said parcel of land contains 5. 594 acres, more or less, and is subject to any rights-of-way or other easements as granted or reserved by instruments of record or as now existing on said parcel of land. Legal Description prepared by: Mic ael C. Ketterling, E July 5, 1994 KLH Engineering, Inc. 822 7th Street, Suite 5 Greeley, Colorado 80631 EXHIBIT "A" 2402080 B-1454 P-1007 08/11/94 04:40P PG 3 OF 3 ATTACHMENT TO PROMISSORY NOTE DATED JUNE 30, 1994 AR29UdUd1 r The Board of County Commissioners of Weld County, Colorado, hereby declare and acknowledge the complete cancellation and satisfaction of the attached Promissory Note of John H. Sykes by reason of the execution of a new substitute note in the same amount and containing the same terms and conditions by SYKES REALTY, INC. , A FLORIDA CORPORATION. In view of such cancellation and satisfaction, the Board hereby requests the Public Trustee of the County of Weld, Colorado, to mark the attached note "CANCELED, August 11, 1994" and to issue its Release of the Deed of Trust securing such note, such Deed of Trust having been recorded July 6 , 1994 in Book 1449 as Reception No. 02396263 of the records of the Clerk and Recorder of Weld County, Colorado. Dated this ' EIV\ day of August, 1994 . ATTEST: ' 4-lt/�7 BOARD OF COUNTY COMMISSIONERS rrn j / vvv OF WELD COUNTY CO RADO Cnt:R,l�il0,7I-)'>y.. BOARD ✓£� OZ Bf\ , % — 7 i2p BY: Ieputy\C erk to the Board \ W. H. Webster, Chairman STATE OF COLORADO ) ss . COUNTY OF WELDAA m ^.:The..'t 'regoing Attachment to Promissory Note Dated June 30, 19,4 ,Wpf. Aakhowledged before me on 4,,j,ft,,ter,-/- // , 1994 by pa pt. Eh111 Pro-Tem, for W. H. Webster, Chairman, Board of County Cmmmiess'iopers of Weld County, Colorado. Witness by hand and official seal . Date Commission Expires /, = - '7 / f 1 ‘Otary ubl c 2402081 8-1454 P-1008 08/11/94 04:41P PG 1 OF 4 REC DOC Mary Ann Feuerstein Weld Co. , Clerk & Recorder 0.00 AK13462kd �,� PROMISSORYsNQTE WITH PROVISION FOR FORGIVENESS 01, $121,837 . 00 Greeley, Colorado June 30, 1994 The undersignedio g n H eSykes'y Z einafter referred to as "Maker" , hereby promises te to o! of the County of Weld, State of Colorado, by and tti t B of County Commissioners of Weld County, Colorado, t}44 r of 21, 837 . 00, to be repaid without interest in ten equ annual installments, due and payable commencing one year fr the making of this Note and continuing each year thereafter until full and final payment is made. The ` N annual payments will be excused if, and only if, on each of the anniversary dates the Maker is the legal and equitable owner of the real estate which is described in the attached "Exhibit A. " The Z principal balance shall be reduced by the amount of any excused f\ payment. Notwithstanding the foregoing provision, if said real TI) estate is the subject of a "prohibited" tr er at any time before r_ June 29, 2004 , the entire balance of the to hall become due and payable immediately. / �� ��\ 1A I P For purposes of this Note a "pro Ybite "\t a3y�Per includes the \--) sale thereof. A "prohibi ad-" f�_ do s n't include: 1 . The�cr t�1otof a lien)l inCumbrance subordinate to the C4 V Deed of Trust� 4se4u�h.ng thi/s Nc�tf�, p � ;� S � . T e' trans o `title by devise or descent, or to Maker' s % apparirs, or a corporation controlled by Maker or his r J apparent heirs, or operation of law upon the death of a joint q� � tenant; or 3 . A sale or other transfer to which the Board of County _ Commissioners of Weld County, Colorado, consents in writing. c ' 4) Notwithstanding any other provision of this paragraph, the Board of S1 County Commissioners of Weld County, Colorado, shall have no right to declare a default if the County of Weld, State of Colorado, and the transferee mutually agree in writing to the assumption of the indebtedness by the transferee. This Note shall be subordinate to the Deed of Trust and Promissory Note for a first mortgage on said real estate which shall not exceed 80 percent of market value. Maker acknowledges that the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, Colorado, has transferred to it the ownership of said real estate, with current market value as of the date of the signing of this Note in the amount shown above, for the purpose of the development of a business located on said real estate, and a condition for forgiveness of this Note is that the undersigned continues to own 1 B 1449 REC 02396262 07/06/94 15 : 54 $0 . 00 1/003 F 1661 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 2402081 8-1454 P-1008 08/11/94 04:41P PG 2 OF 4 said real estate for at least ten years from the date of the Note. The undersigned further acknowledges that the purpose of this Note and the accompanying Deed of Trust is to secure and assure compliance with that condition. The undersigned further acknowledges that the transfer of said real estate to it constitutes sufficient and adequate consideration for this Note . The indebtedness evidenced by this Note is secured by a Deed of Trust, dated June 30, 1994 and, until released, said Deed of Trust contains additional rights of the noteholder. / J H. SYK S rfil SUBSCRIBED AND SWORN t to_ kjefore me this SQ day of 1 WITyESS my hand and official seal . Notary Pu is ry' co My commission expires : /// /9(p pnsykes.gjb $0 . 00 2/003 E 1449 RXC 02396262 07/06/94 15 : 54 H 1662 MARY ANN FEUERSTEIN CLERK & RECORDER WELD Co, CO 2402081 B-1454 P-1008 08/11/94 04:41P PG 3 OF 4 2 OFFICE BUILDING PARCEL 3 WELD COUNTY BUSINESS PARK REVISED LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, Township 6 North, Range 65 West. of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89° 34 ' 29" West to the North Quarter Corner of said Section 31, with all bearings contained herein being relative thereto; thence North 89° 34 ' 39" West along the North line of the Northeast Quarter (NE1/4) a distance of 585. 00 feet; thence South 00°25' 21" West, a distance of 50 . 00 feet to the South right-of-way line of "0" Street, the Northeast Corner of Parcel 3 , and the True Point of Beginning; Thence South 00° 25 ' 21" West a distance of 245. 20 feet to a point on a curve to the right having a radius of 395 . 00 feet, a central angle of 46° 39 ' 03" , an arc distance of 321. 61 feet, the long chord of which bears South 23 ° 44 ' 52" West a distance of 312 . 80 feet; thence South 47 ° 04 ' 24" West, a distance of 19 . 03 feet; thence North 89° 34 ' 39" West, a distance of 332 . 31 feet; thence North 00° 25 ' 21" East, a distance of 545. 50 feet to a point on the South right-of-way line of "0" Street; thence along said South right-of-way line South 89° 34 ' 39" East a distance of 470 . 00 feet to the True Point of Beginning. Said parcel of land contains 5 . 594 acres, more or less, and is subject to any rights-of-way or other easements as granted or reserved by instruments of record or as now existing on said parcel of land. Legal Description prepared by: c c Mic ael C. Ketterling, E July 5 , 1994 KLH Engineering, Inc. 822 7th Street, Suite 5 Greeley, Colorado 80631 R 1449 HC 02396262 c;7/06/94 1.5 : 54 $0 . 00 3/00.+ F 1663 MAI?Y APH1 frE0kRvTTN CT.NRK & RECORDER WELD CO, C 2402081 B-1454 P-1008 08/11/94 04:41P PG 4 OF 4 EXHIBIT "A" Aii2 4iJ2i1?3 LIEN WAIVER RELEASE TO: Sykes Realty Inc (hereinafter referred to as "the Owner") FROM: Tiger of Northern Colorado PROJECT: Sykes Customer Support Center 1515 N 1 lth Ave, Greeley,Colorado 1. The undersigned does hereby release all Mechanic's Liens Rights, Miller Act Claim (40 USCA), Stop Notice, Equitable Liens and Labor and Material Bond Rights resulting from labor and/or materials, subcontract work, equipment or other work,rents, service or supplies heretofore,alteration,additions to or repair of the above described project. 2. It is acknowledged that other adequate consideration has been received by the undersigned for this release. 3. In further consideration of the payment made or to be made as above set forth,and to induce the contractor to make said payment,the undersigned agrees to defend and hold harmless the owner,contractor and/or lender, and/or the principal and surety form any claim or claims hereinafter made by the undersigned and/or its material suppliers,subcontractors or employees,servants,agents or assigns of such persons against the project. The undersigned agrees to indemnify or reimburse all persons so relying upon this release for any and all sums, including attorney's fees and costs,which may be incurred as the result of any such claims. 4. It is acknowledge that the designation of the above project constitutes an adequate description of the property and improvements for which the undersigned has received consideration for this release. 5. It is further warranted and represented that all such claims against the undersigned or the undersigned's subcontractors and/or material suppliers have been paid or that arrangements, satisfactory to the owner and contractor,have been made for such payments. 6. It is acknowledged that this release is for the benefit of and may be relied upon by the owner,the contractor, and construction lender and the principal and surety on any labor and material bond for the project. 7. In addition to the foregoing ,this instrument shall constitute a full, final and complete release of all rights, claims and demands of the undersigned against the contractor arising out of or pertaining to the above referenced project. If partial, all rights and claims on the project are released up to and including the 11 day of August , 1994. Dated this 11 day of August ,1994. FIRM Tiger of Northern Colorado Name of fine or person giving release 4) lor BY 1J(a�t t 0 j yIJ tt I Date WITNESS 1.-'-tom- .�0 W DATE Rt.( 2402073 B-1454 P-1000 08/1L/94 03:59P PG :1 OF 1 REC00 D0C Mary Ann Feuerstein Weld Co. , Clerk & Recorder • pt(24112U74 LIEN WAIVER RELEASE TO: Sykes Realty Inc (hereinafter referred to as"the Owner".) FROM: Doty Construction PROJECT: Sykes Customer Support Center 1515 N 11th Ave, Greeley,Colorado 1. The undersigned does hereby release all Mechanic's Liens Rights, Miller Act Claim (40 USCA), Stop Notice, Equitable Liens and Labor and Material Bond Rights resulting from labor and/or materials, subcontract work, equipment or other work,rents,service or supplies heretofore,alteration,additions to or repair of the above described project. 2. It is acknowledged that other adequate consideration has been received by the undersigned for this release. 3. In further consideration of the payment made or to be made as above set forth, and to induce the contractor to make said payment,the undersigned agrees to defend and hold harmless the owner, contractor and/or lender, and/or the principal and surety form any claim or claims hereinafter made by the undersigned and/or its material suppliers, subcontractors or employees, servants,agents or assigns of such persons against the project. The undersigned agrees to indemnify or reimburse all persons so relying upon this release for any and all sums, including attorney's fees and costs, which may be incurred as the result of any such claims. 4. It i.s acknowledge that the designation of the above project constitutes an adequate description of the property and improvements for which the undersigned has received consideration for this release. 5. It is further warranted and represented that all such claims against the undersigned or the undersigned's subcontractors and/or material suppliers have been paid or that arrangements, satisfactory to the owner and contractor,have been made for such payments. 6. It is acknowledged that this release is for the benefit of and may be relied upon by the owner,the contractor, and construction lender and the principal and surety on any labor and material bond for the project. 7. In addition to the foregoing ,this instrument shall constitute a full, final and complete release of all rights, claims and demands of the undersigned against the contractor arising out of or pertaining to the above referenced project. If partial,all rights and claims on the project are released up to and including the 11 day of August , 1994. Dated this 11 day of August ,1994. FIRM Doty Construction Name of firm or person giving release BY /47. //- c7y Date WITNESS �' -AAA "r"I DATE - ( ( -Q V REC D0C 2402074 R-1454 P-1001 08/11/94 04:38P PG 1 OF 1 0.00 Mary Ann Feuerstein Weld Co. , Clerk & Recorder AR24U2i175 LIEN WAIVER RELEASE TO: Sykes Realty Inc (hereinafter referred to as"the Owner".) FROM: SHALO IGLUM131MC5 4 HEAT' iNiG PROJECT: Sykes Customer Support Center 1515 N l lth Ave, Greeley,Colorado I. The undersigned does hereby release all Mechanic's Liens Rights,Miller Act Claim(40 USCA), Stop Notice. Equitable Liens and Labor and Material Bond Rights resulting from labor and/or materials,subcontract work, equipment or other work,rents,service or supplies heretofore,alteration,additions to or repair of the above described project. 2. It is acknowledged that other adequate consideration has been received by the undersigned for this release. 3. In further consideration of the payment made or to be made as above set forth,and to induce the contractor to make said payment,the undersigned agrees to defend and hold harmless the owner,contractor and/or lender, and/or the principal and surety form any claim or claims hereinafter made by the undersigned and/or its material suppliers,subcontractors or employees,servants,agents or assigns of such persons against the project. The undersigned agrees to indemnify or reimburse all persons so relying upon this release for any and all sums, including attorney's fees and costs,which may be incurred as the result of any such claims. 4. It is acknowledge that the designation of the above project constitutes an adequate description of the property and improvements for which the undersigned has received consideration for this release. 5. It is further warranted and represented that all such claims against the undersigned or the undersigned's subcontractors and/or material suppliers have been paid or that arrangements, satisfactory to the owner and contractor, have been made for such payments. 6. It is acknowledged that this release is for the benefit of and may be relied upon by the owner,the contractor, and construction lender and the principal and surety on any labor and material bond for the project. 7. In addition to the foregoing,this instrument shall constitute a full, final and complete release of all rights. claims and demands of the undersigned against the contractor arising out of or pertaining to the above referenced project. If partial,all rights and claims on the project are released up to and including the I I day of BueuST, 1994. Dated this I 1 day of AO( L)ST ,1994. FIRM S444:ll& PLum RInlG $ \- EATI_NCY Name of fii nnnor person giving release BY K c,<.44,4„) 6 -/7 Sy 1 Date WITNESS ..(1.11 ( 0111 DATE a /1119`/ 2402075 B-1454 P-1002 08/11/94 04:38P PG 1 OF 1 REC DOC Mary Ann Feuerstein Weld Co. , Clerk & Recorder 0.00 Ake 41121:1713 LIEN WAIVER RELEASE TO: Sykes Realty Inc (hereinafter referred to as "the Owner".) FROM: Landmark Builders of Greeley, Inc. PROJECT: Sykes Customer Support Center 1515 N 1 lth Ave, Greeley,Colorado I. The undersigned does hereby release all Mechanic's Liens Rights,Miller Act Claim(40 USCA), Stop Notice, Equitable Liens and Labor and Material Bond Rights resulting from labor and/or materials,subcontract work, equipment or other work, rents, service or supplies heretofore,alteration,additions to or repair of the above described project. 2. It is acknowledged that other adequate consideration has been received by the undersigned for this release. 3. In further consideration of the payment made or to be made as above set forth,and to induce the contractor to make said payment,the undersigned agrees to defend and hold harmless the owner, contractor and/or lender, and/or the principal and surety form any claim or claims hereinafter made by the undersigned and/or its material suppliers, subcontractors or employees, servants,agents or assigns of such persons against the project. The undersigned agrees to indemnify or reimburse all persons so relying upon this release for any and all sums, including attorney's fees and costs,which may be incurred as the result of any such claims. 4. It is acknowledge that the designation of the above project constitutes an adequate description of the property and improvements for which the undersigned has received consideration for this release. 5. It is further warranted and represented that all such claims against the undersigned or the undersigned's subcontractors and/or material suppliers have been paid or that arrangements, satisfactory to the owner and contractor,have been made for such payments. 6. It is acknowledged that this release is for the benefit of and may be relied upon by the owner,the contractor, and construction lender and the principal and surety on any labor and material bond for the project. 7. In addition to the foregoing ,this instrument shall constitute a full, final and complete release of all rights, claims and demands of the undersigned against the contractor arising out of or pertaining to the above referenced project. If partial,all rights and claims on the project are released up to and including the 11 day of August , 1994. Dated this 11 day of August ,I994. FIRM ®-n/,QX -0 n /J &/t Name of firm or person givin elease BY ln. �nc0 8-1 1-t 4 PA.D , Date WITNESS� �/ DATE 5'"///-f 2402076 B-1454 P-1003 08/11/94 04:38P PG 1 OF 1 REC DOC Mary Ann Feuerstein Weld Co. , Clerk & Recorder 0.00 AH24t12077 LIEN RELEASE AND PAYMENT AGREEMENT (3D THIS AGREEMENT is made between SYKES REALTY BA., INC. , ( "SYKES" ) , a Florida corporation, and the Board of Commissioners of the County of Weld, Colorado, (the "County" ) . For a valuable consideration, the receipt of which is hereby acknowledged, SYKES does hereby agree to pay, satisfy, and cause to be released, any and all mechanic 's, materialman's, or other, similar, liens attaching to, or claimed upon, the real estate described in the attached Exhibit A, and arising in any fashion from the construction of a computer support center being constructed upon such property by SYKES. Further, SYKES agrees to indemnify, save, and hold County harmless from any mechanic's, materialman's, or other, similar, liens, or claims of liens, arising out of such construction, and which may be claimed against County, or any ownership interest it may have had in the property, from and including June 30, 1994 through August 11, 1994 . This indemnity extends to all expenditures reasonably incurred by County in defending itself, or the subject property, from such claims. Ca) Cal SYKES REALTY GO:, INC. By � '''h" 'i Pe slcalls'V ATTEST: Asst. G rpa 5 max... STATE OF COLORADO ) ss. COUNTY OF WELD "llfie'.J'6pegoing instrument was acknowledged before me this 1It);od-a qt' August, 1994, by John H. Sykes, President, SYKES REALTY, INC. 4,iieFLORIDA CORPORATION. ht/Commission Expires Januaryy 10,1895 14y--Commission expires , 19 Witness my hand and official seal. a�a N ary uic( 915 Tenth`-Street f:\wp51\mike\SYRELIEN.AGR Greeley, CO 80631 2402077 B-1454 P-1004 08/11/94 04:39P PG L OF 2 REC DOC Mary Ann Feuerstein Weld Co. , Clerk & Recorder 0.00 OFFICE BUILDING PARCEL 3 WELD COUNTY BUSINESS PARK REVISED LEGAL DESCRIPTION A part of Tract "B" , Weld County Business Park P.U.D. , a subdivision within the city of Greeley, county of Weld, state of Colorado; more particularly described as follows: Commencing at the Northeast Corner of Section 31, Township 6 North, Range 65 West. of the 6th Principal Meridian, and considering the North line of the Northeast Quarter (NE1/4) to bear North 89° 34 ' 29" West to the North Quarter Corner of said Section 31, with all bearings contained herein being relative thereto; thence North 89° 34' 39" West along the North line of the Northeast Quarter (NE1/4) a distance of 585. 00 feet; thence South 00°25' 21" West, a distance of 50. 00 feet to the South right-of-way line of "0" Street, the Northeast Corner of Parcel 3 , and the True Point of Beginning; Thence South 00° 25' 21" West a distance of 245. 20 feet to a point on a curve to the right having a radius of 395. 00 feet, a central angle of 46° 39' 03" , an arc distance of 321. 61 feet, the long chord of which bears South 23° 44 ' 52" West a distance of 312 . 80 feet; thence South 47° 04 ' 24" West, a distance of 19 . 03 feet; thence North 89° 34 ' 39" West, a distance of 332 . 31 feet; thence North 00° 25' 21" East, a distance of 545. 50 feet to a point on the South right-of-way line of "0" Street; thence along said South right-of-way line South 89° 34' 39" East a distance of 470 . 00 feet to the True Point of Beginning. Said parcel of land contains 5. 594 acres, more or less, and is subject to any rights-of-way or other easements as granted or reserved by instruments of record or as now existing on said parcel of land. Legal Description prepared by: Mic ael C. Kette`rli g, E July 5, 1994 KLH Engineering, Inc. 822 7th Street, Suite 5 Greeley, Colorado 80631 EXHIBIT "A" 2402077 8-1454 P-1004 08/11/94 04:39P PG 2 OF 2 Hello