FDIC, as Receiver for Century Bank, FSB, Sarasota, Florida 11 .. Greber Appraisal Services 

Release 

December 17,2010 

Page I of3 

RELEASE 

KNOW ALL MEN BY THESE PRESENTS that Federal Deposit Insurance Corporation, 

as Receiver for Ceutury Bank, FSB, Sarasota, Florida ("FDIC"), Plaintiff, in that certain case 

now pending in the Circuit Court of the Twelfth Judicial Circuit in and for Sarasota County, 

Florida, Case No.: 2008CA0155NC (hereinafter sometimes referred to as Releasors), in 

consideration of the payment by Greber Appraisal Services, Inc., and Liberty Surplus 

Insurance Corporation, (hereinafter sometimes referred to as Releasecs)ofthe sum ofTen 

Thousand Dollars and 00/100 ($10,000.00), the receipt of which FDIC hereby acknowledges, 

does hereby release, acquit and forever discharge the following~ 

I. Defendant, Greber Appraisal Services, Inc.; 

2. Liberty Surplus Insurance Corporation; 

3. Each parent and subsidiary corporation of Greber Appraisal Services, Inc., their 

officers, directors, agents, servants and employees and their assigns, trustees and successors in 

interest; and 

4. Each parent and subsidiary corporation ofLiberty Swplus Insurance Corporation, 

their officers, directors, agents, servants and employees and their assigns, trustees and successors 

in interest; 

of and from any and all manner of action and actions, cause and causes of action, suits, 

debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, 

controversies, agreements, promises, variances, trespasses, damages, judgments, executions, 

claims, demands and liability whatsoever, in law or in equity, which against said Releasecs or 
FDIC, as Receiver for Century Bank, FSB, Sarasota, Florida v Greber Appraisal Services 

Release 

December 17,2010 

Page 2 of3 

any ofthem FDIC ever had, now has, or may have in the future arising on account of or in 

c01mection with the appraisal prepared by Greber Appraisal Services, Inc., on or about May 2, 

2006, which was the subject of Case No.: 2008CA0155NC (the "Greber Appraisal"}, for 

monetary or compensatory damages, and the consequences thereof, which were raised or could 

have been raised in Case No.: 2008CA0155NC. 

FDIC further understands and agrese that this settlement is the compromise of disputed 

claims and that the payment made is not to be coostrued as an admission of liability on the part of 

the party or parties hereby released by whom liability is expressly denied. 

FDIC and Releasees further understand and agree that no promise or agreement not herein 

expressed has been made to and that this Release contains the entire agreement between the 

parties to it and that the terms of this Release are contractual and not a mere recital. 

It is expressly understood that this agreement does not in any way impair or infringe on 

the rights of Releasor to continue to receive any and all benefits to which it is entitled Wlder any 

existing insurance policy or any other provider of similar benefits, because this agreement does 

not purport to release any such provider of such benefits. 

The Releasor further states that while it hereby releases any and all claims against 

Releasees for both past and future losses resulting from the Greber Appraisal, the necessity for 

future expenses incurred therein is speculative and unknown at this time and, therefore, as a 

result, Releasor does not deem the settlement herein made to fully satisfy its damages in the 

event future expense is incurred. As a result, Releasor reserves its right to pursue and recover all 
FDIC, a.s Receiver for Century Bank, FSB, Sasasota, Florida v. Greber Appraisal Services 

Release 

December 17, 20 J 0 

Page 3 of3 

future expenses from any person, firm or organization who may be responsible for payment of 

such expenses, including any insurance coverage, but such reservation does not include the 

Releasees, its insureds, its agents, or employees. 

Dated: DeeeffteeB 6l_, ~ 

(b )(G),_ _ __ _ ..... r~ __ :2 o'J----t nc IAWBJiM l 

Attom

;J;;.;~~o ey for Federal .. ~)~]~7~~~---- Deposit Insurance ------ Corporation 

as Receiver for Century Bank, FSB, Sarasota, FL 

#10148 

STATE OF FLORIDA ) 

) ss. 

COUNTY OF SARASOTA ) 

I HEREBY CERTIFY that on this day personally appeared before me, an officer duly authorized 

to administer oaths and take acknowledgments, Scott McKay, for and as attorney for Federal 

Deposit Insurance Corporation, as Receiver for Century Bank, FSB, Sarasota, Florida, known to 

me to be the person described in and who executed the foregoing Release, and who 

acknowledged before me that they executed the same for the purposes therein expressed. 

I have herewtto set my hand and affixed my · al seal this ~ I d 

~ ............................ _ _(b_)..(£) 

Notary Public 

Print Nrune ____________ __ 

Commission Nwnber ___ _ 

Personally kno'vVIl __:{___ OR Produced identification __ _ 

Type of identification produced----- -

My Commission Expires: