FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / title-commitment-review-memo.docx
title-commitment-review-memo.docx · 1021-00007

Parties

Verimark Hospitality Group Inc
Harkness LLP
Coral Palms Resort Holdings LLC
Driscoll LLP
Verimark Resort Properties LLC
Crane LLP
Calderon Partners LLC
Harborline Partners LLC

Dates

January 4, 2023
November 18, 2022
November 28, 2022
October 15, 2022
December 12, 2022
November 22, 2022
February 15, 2023
March 14, 2019
March 1, 2023
January 1, 2023

Amounts

$160,000,000
$118,500,000
$160,000,000.00
$0.35
$100
$560,000
$41,500,000
$145,250
$0.002
$1.00

Obligations

Any discrepancies — even minor variations in bearing calls, distances, or reference points — must be identified and reconciled prior to closing
Schedule B-I of the Title Commitment sets forth the conditions and requirements that must be satisfied prior to the issuance of the lender's title insurance policy
This is the single most critical title requirement for the transaction, as the PAC Mortgage must be insured as a first-priority lien
(b) The Satisfaction of Mortgage must be recorded in the Public Records of Monroe County, Florida, simultaneously with or immediately prior to the recording of the PAC Mortgage
(c) A related UCC-3 Termination Statement must be filed with the Florida Secured Transaction Registry (Florida Department of State, Division of Corporations) terminating UCC-1 Financing Statement File No
from the Delaware Secretary of State (Division of Corporations), dated not more than thirty (30) days prior to the closing date, confirming VHG's good standing in its state of incorporation; (c) A Certificate of Authorization (Foreign Qualification Certificate) for VHG in the State of Florida, if VHG is transacting business in Florida and is required to be qualified as a foreign corporation under Florida Statutes § 607