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<br />OR BK 27578 PG 0385 <br />LAST PAGE <br /> <br />l <br /> <br />I <br /> <br />interest rate of five percent (5%) per year. La Perla shall pay Five Thousand Six Hundred <br />Eighty Two and Four Cents ($5,682.04) on a quarterly basis to the City. The City shall not <br />impose any prepayment penalty. Upon receipt of the initial payment and the execution of this <br />Amendment, La Perla shall not be required to provide parking within the Project for use by the <br />City. When La Perla has satisfied all amounts due under the terms of the promissory note, the <br />City agrees to record in the public records of Miami-Dade County, Florida a document which <br />indicates that the promissory note is satisfied in all respects and should be released as of record. <br /> <br />(3) Reaffirmation and Conflicts. Except as expressly modified by this Amendment, the <br />terms of the Ingress Egress Agreement shall remain in full force and effect are herby ratified <br />and affirmed. If any conflicts arise between this Amendment or any other agreements, this <br />Amendment shall control. <br /> <br />(4) Recordation. This Amendment may be recorded by the City, at its sole expense, in the <br />Public Records of Miami-Dade County, Florida. <br /> <br />IN WITNESS WHEREOF, the undersigned has signed and sealed this instrument on <br />October, ~fl- 2010. <br /> <br />l:J" ,," <br /> <br />/" ;\~ r <br />'..,,<: '. AT1;.EST: .\ <br />,"l .f;""'. -. .. <br />~ lid!"' . <br />,,_r"{< ". j..1''', <br />~ ~r"" , ! <br />:.\I. .. .. <br />.' .. 'l . · ,( f I <br />,... I':J~.. . . <br /> <br />t'\. J~e A.\Hines~:€MC, City Clerk <br />....j) ". '. ~. . <br />~~."' "~~. <br />APPROVED TO FORM AND LEGAL <br />SUFF I <br /> <br /> <br />" <br /> <br />c.. o-s-o <br /> <br />~~rr0e ~~J <br /> <br />'i. <br /> <br /> <br /> <br />/ <br /> <br /> <br />1- <br /> <br />CITY OF SUNNY ISLES BEACH, a Florida <br />,~"" orporation <br /> <br />~y: I' /~ <br /> <br />, <br />orman S. Edelcup, Mayor <br /> <br /> <br /> <br />2 <br />