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OPTION' TO PURCHASE ` y 1
KNOW ALL MEN BY THESE'PRESENTS: That CHESTER R. BOLIN and
EILEEN BOLIN, his wife, hereinafter called the Optionor, and 0'LAUGHLIN AND
0'LAUGHLIN, as trustees, hereinafter called the Optionee, for and in con-
sideration of Four Thousand Four Hundred and no/100 ($~~,400.00) Dollars,
paid by ~'LAUGHLIN AND 0'LAUGHLIN, as trustees, to the Fort Pierce Abstract
Company, as escrow~agent, receipt of whieh is hereby acknowledged, hereby
agree as follows:
1. The Optionor gives and grants to the Optionee and its
assigns the exclusive right or privilege of purchasin~ the fo?lowing described
real property, to-wit:
The 5ou~h z of the NW~ of the SW~ containing
20 acres more or less, together with a 20 foot
~ drainage easement to the Soufih boundary of the
SW~ of the SW'~ o~'5ection 11, Township 35 South,
Range 39 East. The North of the SW3y of the
SW~ containirzg 10 acres ma~re or less of
Section 11, Township 35 Sou~h, Range 39 East,
St. Lucie County, ~'lorida, excepting therefrom
all rights of way for drainage canals and public
roads.
Subject to restrictions, reservations and ~
easements.
2. The total consideration for the above-described property,
if this Option is exercised, shall be the sum of Forty-Faur Thousand and
no/100 ($44,000.00) Dollars cash, due and payable at closing; and as a -
f'urther consideration Optionee agrees to convey to the Optionor as of the •
date of closing, the following described property, situa~.e ~n St. Lucie
County, Flarida, to-wit:
The West 2 of the S~u of the SW'~ less the North 4
of the W Z of the W 2 of the SE~ of the SW'~ all
. being in Section 11, Township 35 South, R~nge 39
East, containing 17~ acres more or less.
It is specifically agreed that a broker's comnission in the
amount of Four Thousand and no/100 ($4,000,00) Dollars is to be paid by fi~~~
Optionor, and that the aforesaid broker'~ comnissaon is part of the above
~ ~otal. purchase price, to ~e paid by the Optionee to the Optionor, i~ th:is
Option is exercis~d, in ti~e mann~r as h~reinabove set forth.
3. Notice oF election to purchase hereunder by the Optionee
shall be iri writing and shall be given to the Optionor at their address in
Fort Pierce, Florida, on or before the 2Uth day of December, 1965.
4. The Optiorior will apply for a ehange in the current zoning
fiU~~A
O~LAUGHLIN AND O~LAUGHLiN. ATTORNEYS AT LAW, FOR7 PIERCE, FLORIDA