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AGO NAT. RES. SECTION Fax:3038663558 Feb 19 '98 12:54 P.05 <br /> � S-i9-96 1@=4� �RDM=DELAb1EY & SAT-CONS �02 PAGE 4Z6 <br /> It 15 ORDERED- <br /> 1. That the Settlement Stipulation between Plaintlf£s and Defendants is,and <br /> it is hereby,approved and confirmed in all of its particulars. <br /> Z. All funds held by Stewart Title as escrow agent Shall be paid to the County. <br /> The County shall apply such funds, first, to unpaid, accrued interest and then unpaid <br /> prindpal an Tax Schedule No. P004062 and, second, to unpaid principal and accmed <br /> interest on Tax Schedule No.R007863,in that order. <br /> 3. Application of Stewart Title escrow funds will leave a short-fall on Tax <br /> Schedule No.R007863 of$5051.86 as of October 31,1997.'7 WS short-faIl shall,as further <br /> adjusted by stipulated acc rued Jntarest on taxes owned andbymterest earned on the Stewart <br /> Title escrow,be paid from proceeds derived from the pending sate of an 93.73 acre parcel <br /> (Winter park sale) from the so-called Prep-Plant Site.This short-£all shall accrue interest <br /> money at the rate of 12% per annum from creation twill paid, this interest rate is in <br /> compromise and settlement of outstanding and disputed claims and shall not be constmed <br /> for or against either of the parties. <br /> 4. Reserved Issues#1 and#2involvefxed sums.However,Reserved Issue#3 <br /> shall not exceed $3,474-75 (15%). All of these sums are contained in the Settlement <br /> %pulation Exhibit at the cells indicated.For purposes of the litigation escrow provided is <br /> paragraph 5.3 hereinafter the following sums are agreed upon- <br /> x-SUe Amount <br /> Reserved issue#1 S23,500.80 Flo <br /> Reserved lssuue#2 $13,371.09 P21 <br /> Reserved Issue#3 3 47 .75 N26 <br /> $40,34.6.64 <br /> S. Pursuant to the provisions of Paragraphs 4(p.2)of the EscrovYAGxmbMrTr <br /> between the County and MCR and Paragraph 7 of its E21ibiLt F (p.4),this Court further <br /> Orders that <br /> 5.1 The total of the Stewart Tide escrow funds be paid by Stewart Title to <br /> the County as aforesaid, and the County apply the escrow funds as provided by this <br /> Stipulation. <br /> 52 The reserved issues preserved by the County axid MCR in the <br /> Settlement Stipulation,11'gyp",shall be reserved for further proceedings in flvs action. <br /> DRAFT,2-19-98 Ormm`+3PPRoviNG <br /> C rmNo.97 cv 131-3 -2- srrmE EmT 5Tn uLAuoN <br />