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ADDENDUM TO OPTION TO PURCHASE
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THIS AGREEMENT made and entered into this day of
Ocfiober, 1965, by and betw~en CHESTER R. BOLIN and EILEEN BOLIN, his wife,
her•einafter called the Optionor and 0'LAUGHLIN AND OtLAUGHLIN, as Trustees,
hereinaft~r called the Optionee.
W I T N E 5 S E T H:
WHEREAS, the parti~s hereto have on the 24th day of August,
1965, eiitered into an Option ta Purchase certain real. property situate in
St. Lucie County, Florida, described as follaws:
The South 1/2 of the NW 1/~F of the SW 1,/4
containing 20 acres more or less, togefiher
with a 20 foo~ drainage easement to the
Sout~h boundary of the SW 1/4 nf the SW 1/4
of Seetion 11, Tawnship 35 South, Ran~e 39
East. The North 1/4 of the SW 1/4 of the
SW 1/4 containing 10 acres more or less of
S~ction 11, Township 35 South, Range 39
East, St. Lucie County, Florida, excepting
therefrom all rights of way for drainage
canals and public roads .
Subject to rest~ietions, reservations and
easements.
and
WHEREAS, in Paragraph 7 of said Option to Purchase, it states
i.n part as follows: "This agreement shall be null and void in the event
the property is no~t made available for Industria.l use or in the event
that a soil analysis and topographic survey proves t~hat the property is
not suitable for the construction of Industrial bLildings."
and
WHEREAS, the soil analysis and topographic survey of ~he
North 1/4 of the SW 1/4 of the SW 1/4 nf Section 11, Township 35 South,
Range 39 East, St. Lucie County, Florida, indicates that the ~roperty is
n~t suitable for the construction of the type of Industrial building
sought to be erected thereon.
N0~1, THEREFORE, in considera~ion of the aforesaid Op~tion to
~ Purchase and the mutual promises and covenan~s hereinafter set forth, it
is agreed as follows:
1. That the afaresaid Option to Purehase shall apply only to
the followin~ deseribed property:
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O~LAUGWLIN ANO C7~I....AUGH~.IN, ATTORN~Y$ AT LAW, FORT PIERGE, FLORiDA
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