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HomeMy WebLinkAbout2019 08 27 Code Enforcement Board - Item 501 - Document provided by RespondentF#j'ate: August 27, 2019 This documents was provided by Ms. Karee Hyman during the discussion of Public Hearings — New Cases Item "501" during the August 27, 2019 Code Enforcement Board Re•,rular Meeting. Universal Property and Casualty Insurance C'I Alder Adjusting Corporation Commercial Blvd. Suite 305 Ft. Lauderdale, Fl. 33309 KAREE HYMAN do hereby enter into this Release of All Claims with UNIVERSAL PROPERTY & CASTJALTY INSURANCE COMPANY VRelease") in accordance with the terms and conditions set forth below: Whereas, UNIVERSAL PROPERTY & CASUALTY INSURANCE COMPANY issued Policy No. 1504-1200-4148 to KAREE HYMAN for the property located at 223 Sherry Ave Winter Springs, FL 32708 subject to all terms, conditions, limitations, exclusions and applicable Florida Statutes ("Policy"); and Whereas, KAREE HYMAN submitted a claim to UNIVERSAL PROPERTY & CASUALTY INSURANCE COMPANY for damages allegedly sustained to the property located at 223 Sherry Ave Winter Springs, FL 32708 occurring on or about 09/10/2017 & 03/19/2019, maid continu_�Y_jjg thereafter b and Whereas, KAREE HYMAN agrees that they are executing this Release in exchange for payment of a disputed claim. Therefore, in consideration of execution of the Release, KAREE HYMAN are being paid monies notwithstanding a dispute regarding the issue of coverage, the scope of loss, the value of damages, Wherefore, the parties have agreed to a complete and final resolution of this matter in accordance with the terms and conditions set forth herein: 1. PARTIES: The terms and conditions of this Release shall be binding upon KAREE HYMAN, their agents, representatives, attorneys, heirs, successors, legal guardians or any others claiming any interest in the above -referenced Policy (collectively referred to as HYMAN The terms and conditions and all protections afforded by this Release shall inure to the benefit of UNIVERSAL PROPERTY & CASUALTY INSURANCE COMPANY, its agents� employees, directors, officers, servants, subsidiaries, affiliates, related entities, parent corporations, stock holders, stock holding entities, insurers, reinsurers, successors, independent adjusters, assigns and legal representatives (collectively referred to as "UNIVERSAV'). 2. PAYMENT: UNIVERSAL shall pay to HYMAN the total sum of $33,000 ( Thirty Three Thousand Dollars and 00/100 Cents) as U1 and final settlement of this matter. HYMAN hereby authorize(s) payment as follows: 10'fTT,ff47n­F.TTMTVT"ff7M W" - a �''INTILTUffmA, 3. RELEASE: In consideration for the above -referenced sum, HYMAN forever release(s), waive(s) and discharge(s) any and all claims against UNIVERSAL related to the kwuz,91,s allegedlv sustained to the roDertv referenced above on 09/10/2017 & 03/19/2019—*44 4. RELEASE DELIVERY: The Executed Release must be sent to BOTH of the following addresses: via email: and via certified mail: ATIN: Release Group, Universal Property & Casualty Insurance Company, P.O. Box 8307 Fort Lauderdale, FL 33310. The Parties agree that if the Executed Release is not sent to both of the above addresses it is not considered tendered pursuant to Florida Statute §627.4265. The Parties agree that payment pursuant to this Release will be mailed to the attorney's address, if applicable, or the last known address of the HYMAN on file; unless otherwise stipulated in this Release S. C"ACITY TO EXECUTE: HYMAN represent(s) appropriate legal, physical and mental capacity to enter into and HYMAN acknowledge(s) that he/sbe/they bas/have not relied on statements of UNIVERSAL or its attorneys to enter into this Release. that he/she/they are of -xecute this Agreement. representations qL 6- EXECUTION OF UNIVERSAL NOT REQUIRED: HYMAN specifically agree and acknowledge that this document does not need to be executed by UNWERSAL or its representatives in order for it to be fully binding upon HYMAN and/or LTNTVERSAL. 7. ENTERE AGREEMENT- This document comprises the entire agreement between the parties and supersedes all prior agreements whether written or oral. HYMAN acknowledge and ayve that this Rele M 'TF17 T�M the date of this Release.) 13. TAXABILITY. No representations have been made to KAREE HYMAN regarding the taxability of all or any portion of this settlement. KAREE HYMAN has/have had the opportunity to seek independent advice regarding the tax consequences of this settlement, and accept responsibility for satisfaction of any tax obligation that may result from this settlement. 14. DEDUCTIBLE ASSIGNMENT, SUBROGATION, COOPERATION, and NOTICE: A. SUBROGATION ASSIGNMENT For policies that do not contain an automatic right of subrogation the following provisions apply. STATE OF FLORIDA COUNTY OF 1IN ) )SS - 6 —C- e--J —a- The foregoing instrument was acknowledged before me this c day of 20_(l _, by HYN_. Personally Known _ OR Produced Identification -A M DL SIGN NO 4-j- �M