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HomeMy WebLinkAbout2520 • i ~j ~i t 466991 ~ jj IN CIRCUIT COURT, NINETEENTH ! JUDICIAL CIRCUIT, IN AND FOR ~ ST. LUCIE COUNTY, FLORIDA. i CASE N0: 76-295 CA jj RAYMOND D. PARKS, ORVILLE R. 1 j~ PARKS, and RAY'S INN, INC., I a Florida corporation, Plaintiffs , `s E -vs- ' ST. LUCIE PLAZA, a Joint Venture j; of MELVIN F. SEMBLER, FRED A. +I BESHARA, Individually and as Trustee, ALBERT L. DANGLER and NICHOLAS MANOS , ~i Defendants . iw 'i ' ~ ORDER After due notice by or to all parties affected, a hearing was held on November 14, 1979, with respect to the matters disposed of by this Order. Upon consideration, it is, ORDERED AND ADJUDGED that the Motion to Limit Judgment filed herein by ST. LUCIE PLAZA is granted with respect to - Count I of the First Amended Complaint. The exoneration clause found in paragraph 27 of the Leases which form the subject ~ matter of this litigation provides that the individuals who f j comprise the Joint Venture known as ST. LUCIE PLAZA, shall not be subject to personal liability with respect to any of the covenants or conditions of the Lease and that the Lessee ~ shall look solely to the equity of the Lessor (ST. LUCIE PLAZA) in the shopping center and the rents, issues and profits derived therefrom. Accordingly, should any Judgment be rendered in favor of the Plaintiffs and against the Defendants with respect to Count I, liability for satisfaction thereof shall i not extend to the individuals who comprise the Joint Venture known as S~. LUCIE PLAZA. With respect to Count II of the First Amended Complaint. which alleges a separate tort of fraudulent misrepresentation, I find that the exoneration clause found in paragraph 27 of the Leases which form the subject matter of this litigation, does not apply and should any Judgment be obtained by the Plaintiffs with respect to Count IZ of the First Amended Complaint the ' Plaintiff shall be entitled to look to the assets of ST. LUCIE ntA~(1 - __~~rl ~