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<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Sounds like fantasy, its not like a copyrighted work subject to
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<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span
style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> Michael R. Romm,
P.A. [mailto:mromm@rommlaw.com] <br>
<b>Sent:</b> Tuesday, March 05, 2013 9:47 AM<br>
<b>To:</b> Gibbons, Michael; 'Larry Leiby'; David C. Agee; Dan Vega;
fred.dudley@hklaw.com; blc@kirwinnorris.com; bkpa1@aol.com;
hroberts@carltonfields.com; clc-discussion@lists.flabarrpptl.org<br>
<b>Subject:</b> RE: [CLC-Discussion] FACT OR FANTASY?[Scanned]<o:p></o:p></span></p>
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<p class=MsoNormal><span style='font-family:"Arial","sans-serif";color:black'>Speaking
of mortgage liens, does anyone know if the following theory is FACT OR FANTASY?<o:p></o:p></span></p>
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<p class=MsoNormal><span style='font-family:"Arial","sans-serif";color:black'>A
real estate mortgage, once it is bundled as part of a mortgage backed security
and sold, <i>twice</i>, (NO, I do not know why it must trade twice) it is
considered to have been "paid" and if you can prove that it was,
indeed, traded as part of a security then it would constitute a complete
defense to a mortgage foreclosure. The trick is, or so I have heard, that
it is nearly impossible to find out if your mortgage was integrated into,
or used as part of, a security, that was traded. <o:p></o:p></span></p>
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<p class=MsoNormal><span style='font-family:"Arial","sans-serif";color:black'>FACT
OR FANTASY?<o:p></o:p></span></p>
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<p class=MsoNormal><span style='font-family:"Arial","sans-serif";color:black'><o:p> </o:p></span></p>
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<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Michael Romm</span><span style='font-family:"Arial","sans-serif";
color:black'><o:p></o:p></span></p>
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<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Michael R. Romm, P.A.</span><span style='font-family:"Arial","sans-serif";
color:black'><o:p></o:p></span></p>
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<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Lauderhill, FL 33351</span><span style='font-family:"Arial","sans-serif";
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<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
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<blockquote style='border:none;border-left:solid blue 1.5pt;padding:0in 0in 0in 6.0pt;
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<p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:10.0pt;
font-family:"Verdana","sans-serif";color:black'>-------- Original Message
--------<br>
Subject: Re: [CLC-Discussion] Can a construction lender bond off a<br>
construction lien?[Scanned]<br>
From: "Gibbons, Michael" <<a
href="mailto:Michael.Gibbons@lowndes-law.com"><span style='color:windowtext'>Michael.Gibbons@lowndes-law.com</span></a>><br>
Date: Mon, March 04, 2013 6:21 pm<br>
To: "'Larry Leiby'" <<a href="mailto:Leiby@mkpalaw.com"><span
style='color:windowtext'>Leiby@mkpalaw.com</span></a>>, "David C.
Agee"<br>
<<a href="mailto:dagee@reidagee.com"><span style='color:windowtext'>dagee@reidagee.com</span></a>>,
Dan Vega <<a href="mailto:DVega@taylorvega.com"><span style='color:windowtext'>DVega@taylorvega.com</span></a>>,
<br>
"fred.dudley@hklaw.com" <<a href="mailto:fred.dudley@hklaw.com"><span
style='color:windowtext'>fred.dudley@hklaw.com</span></a>>, <br>
"<a href="mailto:blc@kirwinnorris.com"><span style='color:windowtext'>blc@kirwinnorris.com</span></a>"
<<a href="mailto:blc@kirwinnorris.com"><span style='color:windowtext'>blc@kirwinnorris.com</span></a>>,
"<a href="mailto:bkpa1@aol.com"><span style='color:windowtext'>bkpa1@aol.com</span></a>"<br>
<<a href="mailto:bkpa1@aol.com"><span style='color:windowtext'>bkpa1@aol.com</span></a>>,
"<a href="mailto:hroberts@carltonfields.com"><span style='color:windowtext'>hroberts@carltonfields.com</span></a>"<br>
<<a href="mailto:hroberts@carltonfields.com"><span style='color:windowtext'>hroberts@carltonfields.com</span></a>>,
<br>
"<a href="mailto:clc-discussion@lists.flabarrpptl.org"><span
style='color:windowtext'>clc-discussion@lists.flabarrpptl.org</span></a>"<br>
<<a href="mailto:clc-discussion@lists.flabarrpptl.org"><span
style='color:windowtext'>clc-discussion@lists.flabarrpptl.org</span></a>><br>
<br>
<br>
<o:p></o:p></span></p>
<div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> A lender may (and not infrequently
does) have an interest in the contract under which the lien is claimed.
It is common for a construction lender to bargain for (as a condition of making
the loan) a conditional assignment of the borrower’s interest in the underlying
prime construction contract. Certainly, if that conditional assignment is
triggered by a borrower default and the lender’s invocation of its rights under
the conditional assignment, then that lender under those circumstances would
have “the interest” in the contract under which the lien is claimed to support
standing to post a 713.24 lien transfer bond (if it so desired). </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> The more interesting
question is whether the conditional assignment, by itself, creates enough of an
“interest” to support the lender applying for a 713.24 lien transfer bond
(admittedly hard to think of circumstances where this would occur in the real
world).</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div>
<p class=MsoNormal style='text-autospace:none'><b><span style='font-size:11.0pt;
font-family:"Calibri","sans-serif";color:#1F497D'>Michael R. Gibbons (<a
href="http://lowndes-law.com/our-people/michael-r-gibbons" target="_blank"><u><span
style='color:black'>Bio</span></u></a>)</span></b><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal style='text-autospace:none'><b><span style='font-size:11.0pt;
font-family:"Calibri","sans-serif";color:#1F497D'>Shareholder</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal style='text-autospace:none'><span style='font-size:10.0pt;
font-family:"Calibri","sans-serif";color:green'>Lowndes, Drosdick, Doster,
Kantor & Reed, P.A.</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal style='text-autospace:none'><span style='font-size:10.0pt;
font-family:"Calibri","sans-serif";color:green'>215 N. Eola Drive</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal style='text-autospace:none'><span style='font-size:10.0pt;
font-family:"Calibri","sans-serif";color:green'>Orlando, FL 32801</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal style='text-autospace:none'><span style='font-size:10.0pt;
font-family:"Calibri","sans-serif";color:green'>Phone: 407-418-6378</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal style='text-autospace:none'><span style='font-size:10.0pt;
font-family:"Calibri","sans-serif";color:green'>Fax: 407-843-4444</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<p class=MsoNormal style='text-align:justify;text-autospace:none'><span
style='font-size:10.0pt;font-family:"Calibri","sans-serif";color:green'>email: <a
href="mailto:michael.gibbons@lowndes-law.com" target="_blank"><u><span
style='color:black'>michael.gibbons@lowndes-law.com</span></u></a></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
<p class=MsoNormal style='text-align:justify;text-autospace:none'><span
style='font-size:10.0pt;font-family:"Calibri","sans-serif";color:green'>website:
<a href="http://www.lowndes-law.com/" target="_blank"><u><span
style='color:black'>http://www.lowndes-law.com</span></u></a></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
<p class=MsoNormal style='text-align:justify;text-autospace:none'><span
style='font-size:10.0pt;font-family:"Calibri","sans-serif";color:green'> </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
<div style='margin-bottom:12.0pt'>
<p class=MsoNormal style='text-align:justify;text-autospace:none'><span
style='font-size:10.0pt;font-family:"Calibri","sans-serif";color:green'>
<img border=0 width=93 height=89 id="_x0000_i1046"
src="cid:image001.jpg@01CE1986.8AEFDA90"></span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"><u><span
style='color:blue'>clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>
[<a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"><u><span
style='color:blue'>mailto:clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>]
<b>On Behalf Of </b>Larry Leiby<br>
<b>Sent:</b> Monday, March 04, 2013 5:43 PM<br>
<b>To:</b> David C. Agee; Dan Vega; <a href="mailto:fred.dudley@hklaw.com"><u><span
style='color:blue'>fred.dudley@hklaw.com</span></u></a>; <a
href="mailto:blc@kirwinnorris.com"><u><span style='color:blue'>blc@kirwinnorris.com</span></u></a>;
<a href="mailto:bkpa1@aol.com"><u><span style='color:blue'>bkpa1@aol.com</span></u></a>;
<a href="mailto:hroberts@carltonfields.com"><u><span style='color:blue'>hroberts@carltonfields.com</span></u></a>;
<a href="mailto:clc-discussion@lists.flabarrpptl.org"><u><span
style='color:blue'>clc-discussion@lists.flabarrpptl.org</span></u></a><br>
<b>Subject:</b> Re: [CLC-Discussion] Can a construction lender bond off a
construction lien?[Scanned]</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-family:"Verdana","sans-serif";color:black'> <o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Agreed. However if the lender signs as bond principal on a
lien transfer bond purportedly under F.S. 713.24, the condition to payment
under the bond (a form of contract) is proof of the statutory lien
requirements, not priority. The lender wins the priority battle against
the property in a foreclosure, but may be ordered to pay on the lien transfer
bond that it voluntarily gave ostensibly under 713.24. </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>If the lender wishes to clear the title and transfer the lien
from the property to allow transfer of the property at an early stage the
lender might seek judicial authority to transfer the lien to a bond on motion
where the bond would be sought to be conditioned on proof of priority, not
under 713.24, and if the judge so permits. I would expect a lienor to
defend such a motion as being without authority. Depending on the
situation the court may or may not agree to such a bond by a lender.
There is a non-discretionary obligation to transfer where the requirements of
713.24 are met (which a lender does not meet). </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#215868'>Larry R. Leiby, Esq.</span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Malka & Kravitz,
P.A.
</span></b><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>1300 Sawgrass Corp. Pkwy., Suite 100</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Ft. Lauderdale, FL 33323</span></b><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Phone: 954-514-0984</span></b><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Fax:
954-514-0985 e-mail: <a
href="mailto:leiby@mkpalaw.com" target="_blank"><u><span style='color:blue'>leiby@mkpalaw.com</span></u></a></span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Board Certified in Construction Law</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Fla. Supreme Court Certified Circuit Court Civil Mediator</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Member, Leiby Alexander Brandt ADR Group, LLC</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Member, JAMS Global Engineering and Construction
Panel
</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Fellow, College of Commercial Arbitrators</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><img border=0 width=112 height=94 id="_x0000_i1025"
src="cid:image002.jpg@01CE1986.8AEFDA90" alt="Description: JAMSadr.com.jpg"></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'> David C. Agee [<a href="mailto:dagee@reidagee.com" target="_blank"><u><span
style='color:blue'>mailto:dagee@reidagee.com</span></u></a>] <br>
<b>Sent:</b> Monday, March 04, 2013 5:27 PM<br>
<b>To:</b> Larry Leiby; Dan Vega; <a href="mailto:fred.dudley@hklaw.com"
target="_blank"><u><span style='color:blue'>fred.dudley@hklaw.com</span></u></a>;
<a href="mailto:blc@kirwinnorris.com" target="_blank"><u><span
style='color:blue'>blc@kirwinnorris.com</span></u></a>; <a
href="mailto:bkpa1@aol.com" target="_blank"><u><span style='color:blue'>bkpa1@aol.com</span></u></a>;
<a href="mailto:hroberts@carltonfields.com" target="_blank"><u><span
style='color:blue'>hroberts@carltonfields.com</span></u></a>; <a
href="mailto:clc-discussion@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>clc-discussion@lists.flabarrpptl.org</span></u></a><br>
<b>Subject:</b> RE: [CLC-Discussion] Can a construction lender bond off a
construction lien?[Scanned]</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-family:"Verdana","sans-serif";color:black'> <o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>When you say it doesn’t make practical sense, the lender’s
priority can’t be affected by a lien that occurs later in the chain absent
fraud or some other facts. The lender has a practical remedy, foreclose. </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'>David C. Agee, Esquire</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'>REID & AGEE, PLLC</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'>RIGHT TITLE, LLC</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'>3633 26th Street West</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Bradenton, FL 34205</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Tel 941.756.8791</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Fax 941.755.7311</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'>**********Ask us about Real Estate and Estate
Planning**************</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'>The information transmitted in this email, including any
attachments, is from Reid & Agee, PLLC and is covered by the Electronic
Communications Privacy Act, 18 U.S.C. 2510-2521. This electronic
information is intended only for the person(s) or entity/entities to which it
is addressed and may contain confidential and/or privileged material. Any
review, retransmission, dissemination or other use of, or taking of any action
in reliance upon, this information by persons or entities other than the
intended recipient(s) is strictly prohibited. If you received this in
error, please contact the sender via telephone at (941) 756-8791 or reply email
and delete the email and any attachments from any computer. Thank You.</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'>IRS Circular 230 Disclosure: To the extent that this message or
any attachment concerns tax matters, it is not intended to be used as or
intended to constitute a "reliance opinion" under applicable Treasury
Regulations, and accordingly this message or any attachment is not intended or
written to be used, and may not be used or relied upon, for the purpose of (i)
avoiding tax-related penalties that may be imposed by the Internal Revenue
Service, or (ii) promoting, marketing or recommending to another party any
tax-related matters addressed herein. Please be assured that this policy does
not reflect any decrease in the quality of services or the amount of thought
that we put in our correspondence.</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.5pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"
target="_blank"><u><span style='color:blue'>clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>
[<a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>mailto:clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>]
<b>On Behalf Of </b>Larry Leiby<br>
<b>Sent:</b> Monday, March 04, 2013 3:53 PM<br>
<b>To:</b> Dan Vega; <a href="mailto:fred.dudley@hklaw.com" target="_blank"><u><span
style='color:blue'>fred.dudley@hklaw.com</span></u></a>; <a
href="mailto:blc@kirwinnorris.com" target="_blank"><u><span style='color:blue'>blc@kirwinnorris.com</span></u></a>;
<a href="mailto:bkpa1@aol.com" target="_blank"><u><span style='color:blue'>bkpa1@aol.com</span></u></a>;
<a href="mailto:hroberts@carltonfields.com" target="_blank"><u><span
style='color:blue'>hroberts@carltonfields.com</span></u></a>; <a
href="mailto:clc-discussion@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>clc-discussion@lists.flabarrpptl.org</span></u></a><br>
<b>Subject:</b> Re: [CLC-Discussion] Can a construction lender bond off a
construction lien?[Scanned]</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-family:"Verdana","sans-serif";color:black'> <o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Dan,</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Did anyone ever say that it had to make practical sense? </span><span
style='font-size:11.0pt;font-family:Wingdings;color:#1F497D'>J</span><span
style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>
</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>It is written is what we can say about it. It also doesn’t
make practical sense for a lender to transfer a lien and eliminate its priority
position. </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Regards,</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#215868'>Larry R. Leiby, Esq.</span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Malka & Kravitz,
P.A.
</span></b><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>1300 Sawgrass Corp. Pkwy., Suite 100</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Ft. Lauderdale, FL 33323</span></b><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Phone: 954-514-0984</span></b><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Fax:
954-514-0985 e-mail: <a
href="mailto:leiby@mkpalaw.com" target="_blank"><u><span style='color:blue'>leiby@mkpalaw.com</span></u></a></span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Board Certified in Construction Law</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Fla. Supreme Court Certified Circuit Court Civil Mediator</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Member, Leiby Alexander Brandt ADR Group, LLC</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Member, JAMS Global Engineering and Construction
Panel
</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Fellow, College of Commercial Arbitrators</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><img border=0 width=112 height=94 id="_x0000_i1026"
src="cid:image002.jpg@01CE1986.8AEFDA90" alt="Description: JAMSadr.com.jpg"></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'> Dan Vega [<a href="mailto:DVega@taylorvega.com" target="_blank"><u><span
style='color:blue'>mailto:DVega@taylorvega.com</span></u></a>] <br>
<b>Sent:</b> Monday, March 04, 2013 3:50 PM<br>
<b>To:</b> Larry Leiby; 'fred.dudley@hklaw.com'; <a
href="mailto:blc@kirwinnorris.com" target="_blank"><u><span style='color:blue'>blc@kirwinnorris.com</span></u></a>;
<a href="mailto:bkpa1@aol.com" target="_blank"><u><span style='color:blue'>bkpa1@aol.com</span></u></a>;
<a href="mailto:hroberts@carltonfields.com" target="_blank"><u><span
style='color:blue'>hroberts@carltonfields.com</span></u></a>; <a
href="mailto:clc-discussion@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>clc-discussion@lists.flabarrpptl.org</span></u></a><br>
<b>Subject:</b> RE: [CLC-Discussion] Can a construction lender bond off a
construction lien?</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-family:"Verdana","sans-serif";color:black'> <o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Larry, so a subcontractor can transfer its supplier’s lien to a
bond but not a mortgage holder? </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>This result does not make practical sense. </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Daniel R. Vega, Esq.</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Board Certified in Construction Law</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Taylor Vega, P.A.</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>2555 Ponce De Leon Blvd.</span><span lang=ES-DO
style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";color:#1F497D'>,
Suite 220</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<p class=MsoNormal style='text-align:justify'><span style='font-size:10.0pt;
font-family:"Century Gothic","sans-serif";color:#1F497D'>Coral Gables, Florida
33134</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
<div>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Telephone: (305) 443-2043</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Facsimile: (305) 443-2048</span><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Cell: (305) 962-5186</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>E-mail: <a href="mailto:dvega@taylorvega.com" target="_blank"><u>dvega@taylorvega.com</u></a></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:black'><img border=0 width=202 height=35 id="_x0000_i1027"
src="cid:image003.png@01CE1986.8AEFDA90"
alt="cid:image001.png@01CD58FE.F1B30070"></span><span style='font-size:24.0pt;
font-family:"Calibri","sans-serif";font-variant:small-caps;color:white'>TaegTayl</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=1229
style='width:922.1pt;background:#999999;border-collapse:collapse'>
<tr>
<td width=1229 valign=top style='width:922.1pt;border:solid windowtext 1.0pt;
padding:0in 5.4pt 0in 5.4pt'>
<div>
<p class=MsoNormal style='line-height:6.0pt;mso-line-height-rule:exactly'><span
style='font-size:10.0pt;color:#1F497D'> </span><o:p></o:p></p>
</div>
</td>
</tr>
</table>
<div>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<p class=MsoNormal style='text-align:justify'><span style='font-size:10.0pt;
font-family:"Century Gothic","sans-serif";color:#1F497D'>The information
contained in this email message is intended only for the personal and
confidential use of the recipient(s) named above. This message may be an
attorney-client communication and as such is privileged and confidential. If
the reader of this message is not the intended recipient or an agent
responsible for delivering it to the intended recipient, you are hereby
notified that you have received this document in error and that any review,
dissemination, distribution, or copying of this message is strictly prohibited.
If you have received this communication in error, please notify us immediately
by e-mail, and delete the original message.</span><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'> Larry Leiby [<a href="mailto:Leiby@mkpalaw.com" target="_blank"><u><span
style='color:blue'>mailto:Leiby@mkpalaw.com</span></u></a>] <br>
<b>Sent:</b> Monday, March 04, 2013 3:46 PM<br>
<b>To:</b> Dan Vega; 'fred.dudley@hklaw.com'; <a
href="mailto:blc@kirwinnorris.com" target="_blank"><u><span style='color:blue'>blc@kirwinnorris.com</span></u></a>;
<a href="mailto:bkpa1@aol.com" target="_blank"><u><span style='color:blue'>bkpa1@aol.com</span></u></a>;
<a href="mailto:hroberts@carltonfields.com" target="_blank"><u><span
style='color:blue'>hroberts@carltonfields.com</span></u></a>; <a
href="mailto:clc-discussion@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>clc-discussion@lists.flabarrpptl.org</span></u></a><br>
<b>Subject:</b> RE: [CLC-Discussion] Can a construction lender bond off a
construction lien?</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-family:"Verdana","sans-serif";color:black'> <o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Dan, </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>The GC has an interest in the contract under which the lien is
claimed, the other basis justifying transfer in 713.24.</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Regards,</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#215868'>Larry R. Leiby, Esq.</span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Malka & Kravitz,
P.A.
</span></b><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>1300 Sawgrass Corp. Pkwy., Suite 100</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Ft. Lauderdale, FL 33323</span></b><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Phone: 954-514-0984</span></b><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Fax:
954-514-0985 e-mail: <a
href="mailto:leiby@mkpalaw.com" target="_blank"><u><span style='color:blue'>leiby@mkpalaw.com</span></u></a></span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Board Certified in Construction Law</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Fla. Supreme Court Certified Circuit Court Civil Mediator</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Member, Leiby Alexander Brandt ADR Group, LLC</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Member, JAMS Global Engineering and Construction
Panel
</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'>Fellow, College of Commercial Arbitrators</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Arial Rounded MT Bold","sans-serif";
color:#1F497D'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><img border=0 width=112 height=94 id="_x0000_i1028"
src="cid:image002.jpg@01CE1986.8AEFDA90" alt="Description: JAMSadr.com.jpg"></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'> Dan Vega [<a href="mailto:DVega@taylorvega.com" target="_blank"><u><span
style='color:blue'>mailto:DVega@taylorvega.com</span></u></a>] <br>
<b>Sent:</b> Monday, March 04, 2013 3:44 PM<br>
<b>To:</b> 'fred.dudley@hklaw.com'; <a href="mailto:blc@kirwinnorris.com"
target="_blank"><u><span style='color:blue'>blc@kirwinnorris.com</span></u></a>;
<a href="mailto:bkpa1@aol.com" target="_blank"><u><span style='color:blue'>bkpa1@aol.com</span></u></a>;
Larry Leiby; <a href="mailto:hroberts@carltonfields.com" target="_blank"><u><span
style='color:blue'>hroberts@carltonfields.com</span></u></a>; <a
href="mailto:clc-discussion@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>clc-discussion@lists.flabarrpptl.org</span></u></a><br>
<b>Subject:</b> RE: [CLC-Discussion] Can a construction lender bond off a
construction lien?</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-family:"Verdana","sans-serif";color:black'> <o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>I just read below and for what it is worth, if a GC can
transfer a lien to a bond per 713.24, why would a lender not be able to do it?</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>GC’s transfer liens to bonds all of the time. Practically
speaking, every decent owner/gc contract requires the gc to do so.</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>It can hardly be argued that a GC has an “interest” in the
property greater than a mortgage holder/lender. </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Dan</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Daniel R. Vega, Esq.</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Board Certified in Construction Law</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Taylor Vega, P.A.</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>2555 Ponce De Leon Blvd.</span><span lang=ES-DO
style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";color:#1F497D'>,
Suite 220</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<p class=MsoNormal style='text-align:justify'><span style='font-size:10.0pt;
font-family:"Century Gothic","sans-serif";color:#1F497D'>Coral Gables, Florida
33134</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
<div>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Telephone: (305) 443-2043</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Facsimile: (305) 443-2048</span><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>Cell: (305) 962-5186</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'>E-mail: <a href="mailto:dvega@taylorvega.com" target="_blank"><u>dvega@taylorvega.com</u></a></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span lang=IT style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Century Gothic","sans-serif";
color:black'><img border=0 width=202 height=35 id="_x0000_i1029"
src="cid:image003.png@01CE1986.8AEFDA90"
alt="cid:image001.png@01CD58FE.F1B30070"></span><span style='font-size:24.0pt;
font-family:"Calibri","sans-serif";font-variant:small-caps;color:white'>TaegTayl</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=1229
style='width:922.1pt;background:#999999;border-collapse:collapse'>
<tr>
<td width=1229 valign=top style='width:922.1pt;border:solid windowtext 1.0pt;
padding:0in 5.4pt 0in 5.4pt'>
<div>
<p class=MsoNormal style='line-height:6.0pt;mso-line-height-rule:exactly'><span
style='font-size:10.0pt;color:#1F497D'> </span><o:p></o:p></p>
</div>
</td>
</tr>
</table>
<div>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<p class=MsoNormal style='text-align:justify'><span style='font-size:10.0pt;
font-family:"Century Gothic","sans-serif";color:#1F497D'>The information
contained in this email message is intended only for the personal and
confidential use of the recipient(s) named above. This message may be an
attorney-client communication and as such is privileged and confidential. If
the reader of this message is not the intended recipient or an agent
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If you have received this communication in error, please notify us immediately
by e-mail, and delete the original message.</span><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<div>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"
target="_blank"><u><span style='color:blue'>clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>
[<a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>mailto:clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>]
<b>On Behalf Of </b><a href="mailto:fred.dudley@hklaw.com" target="_blank"><u><span
style='color:blue'>fred.dudley@hklaw.com</span></u></a><br>
<b>Sent:</b> Monday, March 04, 2013 3:15 PM<br>
<b>To:</b> <a href="mailto:blc@kirwinnorris.com" target="_blank"><u><span
style='color:blue'>blc@kirwinnorris.com</span></u></a>; <a
href="mailto:bkpa1@aol.com" target="_blank"><u><span style='color:blue'>bkpa1@aol.com</span></u></a>;
<a href="mailto:Leiby@mkpalaw.com" target="_blank"><u><span style='color:blue'>Leiby@mkpalaw.com</span></u></a>;
<a href="mailto:hroberts@carltonfields.com" target="_blank"><u><span
style='color:blue'>hroberts@carltonfields.com</span></u></a>; <a
href="mailto:clc-discussion@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>clc-discussion@lists.flabarrpptl.org</span></u></a><br>
<b>Subject:</b> Re: [CLC-Discussion] Can a construction lender bond off a
construction lien?</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-family:"Verdana","sans-serif";color:black'> <o:p></o:p></span></p>
</div>
<div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>This is the statute that makes Florida a "lien theory"
state rather than a "title theory" state like California. The lien
(mortgage or construction) is NOT an interest in real property.</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div style='margin-top:3.0pt'>
<div>
<p class=MsoNormal style='line-height:15.75pt'><b><span style='font-size:11.5pt;
font-family:"Calibri","sans-serif";color:black'>Frederick Dudley</span></b><span
style='font-size:11.5pt;font-family:"Calibri","sans-serif";color:black'> | </span><b><span
style='font-size:10.5pt;font-family:"Georgia","serif";color:#001A63'>Holland
& Knight</span></b><span style='font-size:11.5pt;font-family:"Calibri","sans-serif";
color:black'><br>
Board Certified Construction Lawyer<br>
315 South Calhoun Street, Suite 600 | Tallahassee FL 32301<br>
Phone 850.425.5668 | Fax 850.224.8832 | Cell 850.294.3471<br>
<a href="mailto:fred.dudley@hklaw.com" target="_blank"><span style='color:#002776'>fred.dudley@hklaw.com</span></a>
| <a href="http://www.hklaw.com/" target="_blank"><span style='color:#002776'>www.hklaw.com</span></a>
</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<p class=MsoNormal><span style='font-size:8.5pt;font-family:"Calibri","sans-serif";
color:#BBBBBB'>________________________________________________<br>
</span><span style='font-size:8.5pt;font-family:"Calibri","sans-serif";
color:#999999'><a href="http://www.hklaw.com/vcard.aspx?user=frdudley"
target="_blank"><span style='color:#00A9E0'>Add to address book</span></a></span><span
style='font-size:8.5pt;font-family:"Calibri","sans-serif";color:#00A9E0'> | <a
href="http://www.hklaw.com/id77/biosfrdudley" target="_blank">View professional
biography</a> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"
target="_blank"><u><span style='color:blue'>clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>
[<a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>mailto:clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>]
<b>On Behalf Of </b>Bryan L. Capps<br>
<b>Sent:</b> Monday, March 04, 2013 12:53 PM<br>
<b>To:</b> Barry Kalmanson; <a href="mailto:Leiby@mkpalaw.com" target="_blank"><u><span
style='color:blue'>Leiby@mkpalaw.com</span></u></a>; <a
href="mailto:hroberts@carltonfields.com" target="_blank"><u><span
style='color:blue'>hroberts@carltonfields.com</span></u></a>; <a
href="mailto:clc-discussion@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>clc-discussion@lists.flabarrpptl.org</span></u></a><br>
<b>Subject:</b> Re: [CLC-Discussion] Can a construction lender bond off a
construction lien?</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-family:"Verdana","sans-serif";color:black'> <o:p></o:p></span></p>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Just to kick this dead horse one more time, note that <a
href="http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=0600-0699/0697/Sections/0697.02.html"
target="_blank"><u><span style='color:blue'>Florida Statute Section 697.02</span></u></a>
says, in its entirety, “Nature of a mortgage.—A mortgage shall be held to be a
specific lien on the property therein described, and not a conveyance of the
legal title or of the right of possession.” So, whether a lender has an
interest in real property sufficient to support a transfer-of-lien bond is
apparently not a function/subject of case law alone. Who knew.</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Best regards.</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Bryan Capps</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";
color:black'> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"
target="_blank"><u><span style='color:blue'>clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>
[<a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>mailto:clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>]
<b>On Behalf Of </b>Barry Kalmanson<br>
<b>Sent:</b> Wednesday, February 06, 2013 1:48 PM<br>
<b>To:</b> <a href="mailto:Leiby@mkpalaw.com" target="_blank"><u><span
style='color:blue'>Leiby@mkpalaw.com</span></u></a>; <a
href="mailto:hroberts@carltonfields.com" target="_blank"><u><span
style='color:blue'>hroberts@carltonfields.com</span></u></a>; <a
href="mailto:clc-discussion@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>clc-discussion@lists.flabarrpptl.org</span></u></a><br>
<b>Subject:</b> Re: [CLC-Discussion] Can a construction lenderbond off
aconstruction lien?</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-family:"Verdana","sans-serif";color:black'> <o:p></o:p></span></p>
</div>
<div style='margin-left:.5in;margin-bottom:12.0pt'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Maybe some legislative clarification is in order.</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Barry Kalmanson<br>
<a href="mailto:bkpa1@aol.com" target="_blank"><u><span style='color:blue'>bkpa1@aol.com</span></u></a></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div style='margin-left:.5in;margin-bottom:12.0pt'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
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<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>-----Original Message-----<br>
From: Larry Leiby <<a href="mailto:Leiby@mkpalaw.com" target="_blank"><u><span
style='color:blue'>Leiby@mkpalaw.com</span></u></a>><br>
To: 'Roberts, Hardy L.' <<a href="mailto:hroberts@carltonfields.com"
target="_blank"><u><span style='color:blue'>hroberts@carltonfields.com</span></u></a>>;
'Construction Law Discussion' <<a
href="mailto:clc-discussion@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>clc-discussion@lists.flabarrpptl.org</span></u></a>><br>
Sent: Wed, Feb 6, 2013 11:27 am<br>
Subject: Re: [CLC-Discussion] Can a construction lender bond off aconstruction
lien?</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div id="AOLMsgPart_3_2fe054e8-c48f-4d59-920f-c08999a2f5f4">
<div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>I agree with those who noted that a lender does not have an
interest in property, instead it has a mortgage lien, and thus is not covered
under 713.24. However that is the tip of the iceberg and begs the
question.</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
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<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>The concern that I have experienced is where the lender seeks to
transfer the lien to bond but the bond form is not conditioned only on proving
the lien claim it is also conditioned on proving priority. That is not
what 713.24 is about, and the clerks aren’t real students of 713.24 as they have
many duties. If that happens the lienor should challenge any certificate
of transfer. </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
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<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>So a lender is a little nuts wanting to transfer a lien under
713.24 without added language (which would not meet the requirements of
713.24), because then the lienor need only prove its lien claim and the
condition of the bond is performed where the principal and surety on the bond
are on the hook (assuming they didn’t sneak in any added language to the 713.24
bond form). The lender loses its argument about the lien not having
equity and being inferior to the mortgage by bonding it off and taking the
property equity out of the equation. The lienor should be ecstatic about
not being worried about the lender’s priority any more, but must watch
carefully the language in the bond. If the lender is looking to clear
title for some reason of its own, it should not be the principal on the bond –
only someone with an interest. If the lender gets cute and adds language
to the bond, we have some new issues to address, which I believe are not yet
resolved. </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
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<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Thus if the lender uses a 713.24 bond to transfer it off, the
question is: Is the lien really transferred off, or is the lien still
there along with the bond because the lender cannot meet the requirements of
713.24 by not having an interest in the property? </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Larry R. Leiby, Esq.</span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Malka & Kravitz,
P.A.
</span></b><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>1300 Sawgrass Corp. Pkwy., Suite 100</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Ft. Lauderdale, FL 33323</span></b><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Phone: 954-514-0984</span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Fax:
954-514-0985 e-mail: <a
href="mailto:leiby@mkpalaw.com" target="_blank"><u><span style='color:blue'>leiby@mkpalaw.com</span></u></a></span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Board Certified in Construction Law</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Fla. Supreme Court Certified Circuit Court Civil Mediator</span></b><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Member, Leiby Alexander Brandt ADR Group, LLC</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Member, JAMS Global Engineering and Construction
Panel
</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Fellow, College of Commercial Arbitrators</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'><img border=0 width=112 height=94 id="Picture_x0020_0"
src="cid:image002.jpg@01CE1986.8AEFDA90" alt="Description: JAMSadr.com.jpg"></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"
target="_blank"><u><span style='color:blue'>clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>
[<a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org?" target="_blank"><u><span
style='color:blue'>mailto:clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>]
<b>On Behalf Of </b>John Campo<br>
<b>Sent:</b> Tuesday, February 05, 2013 2:41 PM<br>
<b>To:</b> 'Matthew Belcastro'; 'Raymond L. Robinson'; 'Gibbons, Michael';
'Roberts, Hardy L.'; 'Construction Law Discussion'<br>
<b>Subject:</b> Re: [CLC-Discussion] Can a construction lender bond off
aconstruction lien?</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-family:"Arial","sans-serif";color:black'>As
a practical matter, I would welcome a Lien Transfer Bond knowing that a pile of
money is readily available for the taking should my client prevail on its
lien. </span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#244061'>John D. Campo, Esq.<br>
Florida Bar Board Certified - Construction Law <br>
<a href="mailto:john@npw-law.com" target="_blank"><u><span style='color:blue'>john@npw-law.com</span></u></a></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:8.0pt;font-family:"Arial","sans-serif";
color:#244061'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#244061'>Niesen|Price|Worthy|Campo|Blakey, PA<br>
5216 SW 91st Drive Gainesville, FL 32608<br>
Ph (352) 373-9031 Fax (352) 373-9099</span><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#244061'><a href="http://npw-law.com/" target="_blank"><u><span
style='color:blue'>http://npw-law.com</span></u></a></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'><img border=0 width=85 height=68 id="_x0000_i1031"
src="cid:image004.jpg@01CE1986.8AEFDA90" alt="NPW_Logo_Solid_small">
<img border=0 width=54 height=70 id="_x0000_i1032"
src="cid:image005.jpg@01CE1986.8AEFDA90" alt="certification logo half size"></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:9.0pt;font-family:"Arial","sans-serif";
color:#244061'>This communication is intended for the sole use of the
individual or entity to which it is addressed and may contain information that
is privileged, confidential and exempt from disclosure under applicable
law. If the reader of this communication is not the intended recipient,
employee or agent responsible for delivering the message to the intended
recipient, you are hereby notified that any review, dissemination, distribution
or copying of this communication is strictly prohibited. If you have
received this communication in error, please immediately notify me by
telephone, delete this communication, and destroy any copies of it. Thank
you.</span><span style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-family:"Arial","sans-serif";color:black'> </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"
target="_blank"><u><span style='color:blue'>clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>
[<a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org?" target="_blank"><u><span
style='color:blue'>mailto:clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>]
<b>On Behalf Of </b>Matthew Belcastro<br>
<b>Sent:</b> Tuesday, February 05, 2013 2:16 PM<br>
<b>To:</b> Raymond L. Robinson; Gibbons, Michael; Roberts, Hardy L.;
Construction Law Discussion<br>
<b>Subject:</b> Re: [CLC-Discussion] Can a construction lender bond off
aconstruction lien?</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>I'm not sure I understand why the construction lender wants to
bond off the lien? Are they trying to convert to permanent financing and
unable as a result of the construction lien? </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'><br>
<br>
<br>
<strong><span style='font-family:"Arial","sans-serif"'>Matthew Belcastro</span></strong><br>
Attorney at Law<br>
Henderson, Franklin, Starnes & Holt, P.A.<br>
1715 Monroe Street<br>
P.O. Box 280<br>
Fort Myers, FL 33902<br>
Direct Dial: 239.344.1205<br>
Direct Fax: 239.344.1524<br>
<a href="mailto:Matthew.Belcastro@henlaw.com" target="_blank"><u><span
style='color:blue'>Matthew.Belcastro@henlaw.com</span></u></a><br>
<a href="http://www.henlaw.com/" target="_blank"><u><span style='color:blue'>www.henlaw.com</span></u></a><br>
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src="cid:image006.jpg@01CE1986.8AEFDA90" align=left v:shapes="_x0000_s1026"><![endif]><span
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style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
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color:black'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
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style='font-size:10.0pt;font-family:"Arial","sans-serif";color:black'>
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<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><strong><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>CONFIDENTIALITY STATEMENT</span></strong><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Henderson, Franklin, Starnes & Holt, P.A.</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
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<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>-----Original Message-----<br>
<b>From:</b> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"
target="_blank"><u><span style='color:blue'>clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>
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<b>On Behalf Of </b>Raymond L. Robinson<br>
<b>Sent:</b> Tuesday, February 05, 2013 2:02 PM<br>
<b>To:</b> Gibbons, Michael; Roberts, Hardy L.; Construction Law Discussion<br>
<b>Subject:</b> Re: [CLC-Discussion] Can a construction lender bond off
aconstruction lien?</span><span style='font-family:"Verdana","sans-serif";
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<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>One could make the argument that Florida is considered a “lien”
state and case law has held that a mortgage is not a transfer of “interest” in
real property and therefore does not need two subscribing witnesses. Good
question though. Let me know if you find the answer.</span><span
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color:black'><o:p></o:p></span></p>
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<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"
target="_blank"><u><span style='color:blue'>clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>
[<a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>mailto:clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>]
<b>On Behalf Of </b>Gibbons, Michael<br>
<b>Sent:</b> Tuesday, February 05, 2013 12:19 PM<br>
<b>To:</b> 'Roberts, Hardy L.'; 'Construction Law Discussion'<br>
<b>Subject:</b> Re: [CLC-Discussion] Can a construction lender bond off a
construction lien?</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
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<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Yes. The lender has “an interest” via its mortgage in the
real property on which the lien is imposed.</span><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
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<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
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<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Michael R. Gibbons (<a
href="http://lowndes-law.com/our-people/michael-r-gibbons" target="_blank"><u><span
style='color:black'>Bio</span></u></a>)</span></b><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Shareholder</span></b><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:green'>Lowndes, Drosdick, Doster, Kantor & Reed, P.A.</span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:green'>215 N. Eola Drive</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:green'>Orlando, FL 32801</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:green'>Phone: 407-418-6378</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
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<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:green'>Fax: 407-843-4444</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
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<div style='margin-left:.5in'>
<p class=MsoNormal style='text-align:justify'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:green'>email: <a
href="mailto:michael.gibbons@lowndes-law.com" target="_blank"><u><span
style='color:black'>michael.gibbons@lowndes-law.com</span></u></a></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal style='text-align:justify'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:green'>website: <a
href="http://www.lowndes-law.com/" target="_blank"><u><span style='color:black'>http://www.lowndes-law.com</span></u></a></span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
<div style='margin-left:.5in'>
<p class=MsoNormal style='text-align:justify'><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:green'> </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
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font-family:"Arial","sans-serif";color:green'>
<img border=0 width=93 height=89 id="Picture_x0020_1"
src="cid:image015.jpg@01CE1986.8AEFDA90"></span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
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<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
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<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>From:</span></b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org"
target="_blank"><u><span style='color:blue'>clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>
[<a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>mailto:clc-discussion-bounces@lists.flabarrpptl.org</span></u></a>]
<b>On Behalf Of </b>Roberts, Hardy L.<br>
<b>Sent:</b> Tuesday, February 05, 2013 11:55 AM<br>
<b>To:</b> 'Construction Law Discussion'<br>
<b>Subject:</b> [CLC-Discussion] Can a construction lender bond off a
construction lien?</span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'>Anyone have any thoughts on this?</span><span style='font-family:
"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'> </span><span style='font-family:"Verdana","sans-serif";
color:black'><o:p></o:p></span></p>
</div>
</div>
<div>
<div style='margin-left:.5in'>
<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'><img border=0 width=190 height=53 id="_x0000_i1043"
src="cid:image016.png@01CE1986.8AEFDA90" alt="Carlton Fields"><br>
Hardy L. Roberts</span></b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:black'><br>
Attorney at Law / Board Certified in Construction Law by the Florida Bar<br>
4221 W. Boy Scout Blvd., Ste. 1000<br>
Tampa, Florida 33607-5780 <br>
Direct: 813.229.4105 | Fax: 813.229.4133<br>
<br>
<a href="mailto:hroberts@carltonfields.com" target="_blank"><u><span
style='color:blue'>hroberts@carltonfields.com</span></u></a> | <a
href="http://www.carltonfields.com/" target="_blank"><u><span style='color:
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href="http://www.carltonfields.com/load.vcf?type=atty&id=49fd8f5b-3f72-45c2-9ca7-83799b9c8b29"
target="_blank"><u><span style='color:blue'>vcard</span></u></a> <br>
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other e-mail communication to us will be electronically filtered for
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in such reply or other e-mail communications to us being quarantined (i.e.,
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<b>Notice Under U.S. Treasury Department Circular 230:</b> To the extent that
this e-mail communication and the attachment(s) hereto, if any, may contain
written advice concerning or relating to a Federal (U.S.) tax issue, United
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do hereby) advise and disclose to you that, unless we expressly state otherwise
in writing, such tax advice is not written or intended to be used, and cannot
be used by you (the addressee), or other person(s), for purposes of (1)
avoiding penalties imposed under the United States Internal Revenue Code or (2)
promoting, marketing or recommending to any other person(s) the (or any of the)
transaction(s) or matter(s) addressed, discussed or referenced herein. Each taxpayer
should seek advice from an independent tax advisor with respect to any Federal
tax issue(s), transaction(s) or matter(s) addressed, discussed or referenced
herein based upon his, her or its particular circumstances. [v4.30] </span><span
style='font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
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</blockquote>
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<p class=MsoNormal><tt><span style='font-size:10.0pt;color:black'>_______________________________________________</span></tt><span
style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:black'><o:p></o:p></span></p>
<pre style='margin-left:.5in;background:white'><tt><span style='color:black'>CLC-Discussion mailing list</span></tt><span
style='color:black'><o:p></o:p></span></pre><pre style='margin-left:.5in;
background:white'><tt><span style='color:black'><a
href="mailto:CLC-Discussion@lists.flabarrpptl.org" target="_blank"><u><span
style='color:blue'>CLC-Discussion@lists.flabarrpptl.org</span></u></a></span></tt><span
style='color:black'><o:p></o:p></span></pre><pre style='margin-left:.5in;
background:white'><tt><span style='color:black'><a
href="http://mailman.fsr.com/mailman/listinfo/clc-discussion" target="_blank"><u><span
style='color:blue'>http://mailman.fsr.com/mailman/listinfo/clc-discussion</span></u></a></span></tt><span
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<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><b><span
style='color:black'> </span></b><span style='color:black'><o:p></o:p></span></p>
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<hr size=2 width="100%" align=center>
</span></b></div>
<div style='margin-bottom:12.0pt'>
<p class=MsoNormal><b><span style='font-family:"Arial","sans-serif";color:black'><br>
****<u>IRS CIRCULAR 230 DISCLOSURE</u>: TO ENSURE COMPLIANCE WITH REQUIREMENTS
IMPOSED BY THE IRS, WE INFORM YOU THAT ANY TAX ADVICE CONTAINED IN THIS
COMMUNICATION (INCLUDING ANY ATTACHMENTS) IS NOT INTENDED OR WRITTEN BY HOLLAND
& KNIGHT LLP TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF (I)
AVOIDING TAX-RELATED PENALTIES UNDER THE INTERNAL REVENUE CODE, OR (II) PROMOTING,
MARKETING, OR RECOMMENDING TO ANOTHER PARTY ANY TAX-RELATED MATTER HEREIN.****</span></b><span
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style='font-family:"Verdana","sans-serif";color:black'>
<hr size=2 width="100%" align=center>
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color:black'><br>
NOTE: This e-mail is from a law firm, Holland & Knight LLP (“H&K”), and
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<p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:10.0pt;
font-family:"Verdana","sans-serif";color:black'><o:p> </o:p></span></p>
<div>
<p class=MsoNormal><b><span style='font-size:9.0pt;font-family:"Verdana","sans-serif";
color:black'>Notice of Confidentiality:</span></b><span style='font-size:9.0pt;
font-family:"Verdana","sans-serif";color:black'> This e-mail communication and
the attachment(s) hereto, if any, are intended solely for the information and
use of the addressee(s) identified above and may contain information which is
legally privileged from disclosure and/or otherwise confidential. If a
recipient of this e-mail communication is not an addressee (or an authorized
representative of an addressee), such recipient is hereby advised that any
review, disclosure, reproduction, re-transmission or other dissemination or use
of this e-mail communication (or any information contained herein) is strictly
prohibited. If you are not an addressee and have received this e-mail
communication in error, please advise the sender of that circumstance either by
reply e-mail or by telephone at (800) 356-6818, immediately delete this e-mail
communication from any computer and destroy all physical copies of same. <br>
<br>
<b>Replies Filtered:</b> Any incoming reply to this e-mail communication or
other e-mail communication to us will be electronically filtered for
"spam" and/or "viruses." That filtering process may result
in such reply or other e-mail communications to us being quarantined (i.e.,
potentially not received at our site at all) and/or delayed in reaching us. For
that reason, we cannot guarantee that we will receive your reply or other
e-mail communications to us and/or that we will receive the same in a timely
manner. Accordingly, you should consider sending communications to us which are
particularly important or time-sensitive by means other than e-mail. <br>
<br>
<b>Notice Under U.S. Treasury Department Circular 230:</b> To the extent that
this e-mail communication and the attachment(s) hereto, if any, may contain
written advice concerning or relating to a Federal (U.S.) tax issue, United
States Treasury Department Regulations (Circular 230) require that we (and we
do hereby) advise and disclose to you that, unless we expressly state otherwise
in writing, such tax advice is not written or intended to be used, and cannot
be used by you (the addressee), or other person(s), for purposes of (1)
avoiding penalties imposed under the United States Internal Revenue Code or (2)
promoting, marketing or recommending to any other person(s) the (or any of the)
transaction(s) or matter(s) addressed, discussed or referenced herein. Each
taxpayer should seek advice from an independent tax advisor with respect to any
Federal tax issue(s), transaction(s) or matter(s) addressed, discussed or
referenced herein based upon his, her or its particular circumstances. [v4.30] <o:p></o:p></span></p>
</div>
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style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:black'>
<hr size=2 width="100%" align=center>
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