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HomeMy WebLinkAboutElsie Moffitt McIlroy200000023358 Filed for Record in HAMILTON COUNTY, INDIANA MARY L CLARK On 05-15-2000 At tl:17 am. RELEASE 20.00 RELEASE AND SETTLEMENT AGREEMENT THIS RELEASE AND SETTLEMENT AGREEMENT (the "Agreement") is entered into and effective as of the ~,-c~ day of ~_/~ ~ ~ i . ,2000, by and between the Board of Public Works of the City of Carmel, Indiana, for arid on behalf of the City of Carmel, Indiana, a polkical subdivision of the State of Indiana ("Carmel") and Elsie Mollitt Mclkoy, a resident of the City of Carmel, Hamilton County, Indiana ("Mcllroy'). RECITALS Mclkoy filed a Verified Complaint to Quiet Title in Hamikon County Superior Court No. 1 as Cause Number 29D01-9904-CP-223 on the 22~d day of April, 1999 (the "Complaint"), naming Carmel as a Defendant, in which Mclkoy claims title to certain real estate located in the City of Carrnel, Hamilton County, Indiana, described as follows (the "Real Estate"): Sixteen (16) feet in width by parallel lines lying north of and adjacent to the north lines of Lot Number (12) in the plat of the JOHN A. PHELPS ADDITION to Carmel, Indiana, as per plat thereof, recorded on page 107 of Deed Record 50 in the Office of the Recorder of Hamilton County, Indiana. Carmel has opposed Mcllroy's contentions contained in the Complaint. Carmel and McIlroy now desire to enter into this Agreement for the purpose of settling and releasing claims and obligations between Carmel and McIlroy regarding the Real Estate and referenced in the Complaint and the resulting legal proceeding (the "Proceeding"), and to confirm their understanding regarding certain rights and obligations which shall survive execution of this Agreement. AGREEMENT 1. Mutual Release. Mclkoy, for and on behalf of herself, and her heirs, administrators, executors, successors and assigns, hereby fully and forever releases and discharges Carmel fi:om any and all actions, causes of action, claims, costs or demands of whatsoever kind or nature referenced in the Complaint or raised during the Proceeding. Carmel, and its successors, assigns and representatives, hereby fully and forever releases and discharges Mclkoy fi:om any actions, causes of action, claims, costs or demands of whatsoever kind or nature raised by Carmel during the Proceeding. As part of the foregoing mutual release, Mclkoy hereby agrees to take all action necessary to dismiss the Complaint, as it relates to Carmel, with prejudice within five (5) days following execution and delivery of this Agreement. 2. Deliver?' of Quitclaim Deed. In consideration of the foregoing release and agreement to dismiss the Complaint with prejudice as it relates to Carmel, Carmel shall deliver to Mcllroy the Qukclaim Deed attached hereto as Exhibit A and incorporated herein by this reference 472341 (the "Quitclaim Deed"), which Quitclaim Deed shall transfer to Mcllroy any and all interest Carmel may have in and to the Real Estate. 3. Indemnification. Notwithstanding Carmel's delivery of the Quitclaim Deed, Mci[roy acknowledges that Carmel has alleged an interest in the Real Estate by virtue of the plat of the John A. Phelps subdivision referenced in the legal description of the Real Estate (the "Plat"). Mcllroy further acknowledges that Carmel contends the Plat shows the Real Estate as an alley between Lots 11 and 12 in the John A. Phelps Subdivision, and that Carmel has advised McIlroy that certain third parties (including but not limited to the owner of Lot 11) may claim an interest in the Real Estate following execution and delivery of this Agreement and the Quitclaim Deed, and following dismissal of the Complaint as it relates to Carmel. Mci[roy does not adm/t such allegations and contentions, but has disputed and continues to dispute all such allegations and contentions. In consideration of Carmel's delivery of the Quitclaim Deed and execution of this Agreement, Mci[roy hereby agrees to indemnify, defend and hold Carmel safe and harmless from and against any and all actions, causes of action, claims, demands, costs and expenses (including reasonable attorneys' fees) arising fi.om or related to the Real Estate or Carmel's delivery of the Quitclaim Deed, including (without limitation) actions brought by third parties claiming any right, title or interest in the Real Estate; provided, however, that said indemnification shall not encompass or include any claim against Carmel relating to or arising in connection with the Indiana Open Door law (I.C. 5-14-1.5-1, et seq.), or otherwise relating to the procedures employed in Carmel's execution of the Quitclaim Deed. 4. Litigation; Attorneys' Fees. In the event either party brings an action to enforce or defend violation of this Agreement, the prevailing party shall be entitled to recover costs and expenses, including reasonable attorneys' fees, if any, incurred in connection with such action. 5. Applicable Law~ Jurisdiction and Venue. This Agreement shall be governed by and construed in accordance with the laws oftbe State of Indiana (not including the choice of law roles thereof), and the parties hereto by execution of this Agreement consent to the exercise of jurisdiction over any matter arising in connection with this Agreement in a state court located in Hamilton County, State of Indiana, and waive their rights to challenge such jurisdiction and forum. 6. Severability. In the event that any of the provisions of this Agreement shall be held to be unenfomeable, such provision shall be enforced to the fullest extent permissible, and the remainder of this Agreement shall remain in full force and effect. 7. Interpretation. This Agreement may be executed simultaneously in several counterparts, each of which shall be deemed an original, but all which together shall constitute one and the same instrument. All headings set forth herein are included for the convenience of reference only and shall not affect the interpretation hereof, nor shall any weight or value be given to the relative position of any part or provision hereof in relation to any other provision in determining such construction. 8. Entire Agreement. This ~ent contains the entire agreement between *.he parties regarding the subject matter hereof~ and all prior omi or written understand'rags, agreements or contracts between the parties hereto, whether formal or informal, regarding such matters are hereby merged into and superseded by this Agreement. This Agreement may not be mended or otherwise modified except by written agreement of the parties. IN WITNESS WHEREOF, the parties have executed this Agreement as of the effective date stated above. McIlroy: 'Elsie Moffitt Iv~rVlroy ' ~ Carmel: The City of Carmel, Indiana, by its Board Of Public Works Printed: Title: STATE OF INDIANA ) )SS: ACKNOWLEDGMENT COUNTY OF HAMILTON ) ~/~ ~,,., ..B.~fore me, a Not,~2..~. ~..,,,~ er ary Public m and for smd Co~ty ~d State, per~lly appe~ed ~o~ ......... MCqLa~ x, ~ aduk female who ac~owledged execution of the forego~g Drmage and Underground Utility Easement. Witness my hand and Notarial Seal this ._ · My commission expires: Signature ( (f f~ ~ ~ ~ (' Resident of ¢i£c c~ i (fr-~, ,2000. 472341 STATE OF INDIANA ) )SS: COI3NTY OF HAMILTON ) ACKNOWLEDGMENT Before me, a Notary Public in and for said County and State, personally appeared /,. zcspccZ'.':'e!y, of the Board af-P'.:k!:'z ~7o,'vs ,'¢__ *}'~.... "':v..j .... v.c Cm."mel, ~ who acknowledged the execution of the foregoing Quitclaim Deed~ Witness my hand and Notarial Seal this ~ day of /~t~ ,2000. My commission expires: Signature ~~ Printed ,Z]. a7..~/,i/~~' ,t~/~..~ , Notary Public Residem o f >'Z~z~_/~M County, 472341 DULY EN fl~l~.t]D FOR TAXATION S~bL~t to fin~ acceO~e for transfer VAuditor 200000023357 Fi. led fm~ Recm-d in HAMILTON COUNTY, [NDIAi'~A MARY I. {]LARK On 05-15' ~'.0Cx) At [~17 am~ Q C DEED ~(~,00 · Od~o Settlement Agreement by and between The City of Carmel, Indiana ("Cannel") And Elsie Moffitt McIlroy ("McIlroy") QUITCLAIM DEED THIS INDENTURE WITNESSETH, That the CITY OF CARMEL, INDIANA ("Grantor") QUITCLAIMS to ELSIE MO~'~'rrT MCILROY, an adult female ("Grantee"), for the sum of One Dollar ($1.00) and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the following described real estate located in Hamilton County, Indiana (the "Real Estate"): Sixteen feet in width by parallel lines lying north of and adjacent to the north line of Lot Number (12) in the plat of the JOHN A. PHELPS ADDITION to Carmel, Indiana, as per plat thereof, recorded on page 107 of Deed Record 50 in the Office of the Recorder of Hamilton County, Indiana. This Quitclaim Deed is being given in consideration of the following: (a) Grantee's dismissal, with prejudice, of all claims against Grantor stated in Grantee's Verified Complaint to Quiet Title filed in the Hamilton County Superior Court No. I as Cause Number 29D01-9904-CP-223; (b) Grantee's release of all claims against Grantor recited or referred to in any documents filed in connection with Grantee's Verified Complaint to Quiet Title; and (c) the agreements and covenants contained in a certain Settlement Agreement entered into between Grantor and Grantee of even date herewith. This conveyance is subject to any and all easements, agreements, covenants and restrictions of record, and is further subject to taxes due and payable in May of 2000 and thereafter. IN WITNESS WItEREOF, Grantor has executed this Quitclaim Deed this~''(~ day of t ~&~? ~,2000. GRANTOR: ATTESt.. . ~ Printed: ~ (~rl~./.,~ ~')~/~O CITY OF CARMEL, INDIANA STATE OF INDIANA ) )SS: COUNTY OF HAMILTON ) ACKNOWLEDGMENT Before me, a Notary Public in and for said County and State, personally appeared J~l~f~t ~!~tl(~'~i(t ~ct and the '~ }t(~t,].t~ and ., ~, of the Board of Public Works of the City of Car/nd, Indiana, who acknowledged the execution of the foregoing Quitclaim Deed for and on behalf of said Board and City. · . X,~A · Wttness my hand and Notarial Stol th~s ~ ~ day of / ,( 6 ~ / ~ ,2000. .... ~ /, ~ ~ - &/ -~, i : Mycommtss~onexp~res. Signature . (~( t ~. ( /. /~[F(( :~: ~' { ~ ~ ~i Printed (:/~:~,~ ~t. ~-,~,~ ,Nota~Public ~ 9'" , ,. Residentof JJo,~,~ (t~< . County, ( //~(~n~' AFTER RECORDING RETURN DEED AND SEND TAX BILLS TO: Elsie Moffitt Mcllroy c/o Ross D. Moffitt 9631 Cedar Cove Lane Indianapolis, Indiana 46250 This instrument prepared by D. Bryan Weese, Attorney at Law, BINGHAM SUMMERS WEI~SH & SPILMAN, 2700 Market Tower, 10 West Market Street, Indianapolis, Indiana 46204-2982. 472341 September 6, 2000 Elsie Moffitt Mcllroy c/o Ross D. Moffitt 9631 Cedar Cove Lane Indianapolis, Indiana 46250 RE: Release and Settlement Agreement Quitclaim Deed Dear Ms. Mcllroy: Enclosed please find a copy of the recorded Release and Settlement Agreement as well as a certified copy of the recorded Quitclaim Deed recently received from the Hamilton County Recorder's Office. The City of Carmel Clerk-Treasurer's Office will maintain the original documents in our office. If you have any questions or concerns, please do not hesitate to contact me at 317.571.2413. Sincerely, COPY Carrie A. Groce Deputy Clerk-Treasurer Enclosure CC~ D. Bryan Weese BINGHAM SUMMERS WELSH & SPILMAN 10 West Market Street Indianapolis, IN 46204-2982 D:\Files~.ecorder~ZTemplate.doc