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L$ASS AND OPTION TO PURCHASE AGREHK~NT -
THIS AGRETMSNT entered into this llth day of July, 1967, between
WALTSR CARLTON, a single adult, hereinafter called Lessor, and
TURNSR COATS, he~einafter called Lessee, both in the County of St. Lucie,
;
State of Florida .
WITI~ir~o3~TN : -
That the sai~ Lessor does this day lease unto said Lessee and
the said Lessee does hereby take as tenant the folloxing deacribed
property located in St. Lucie County, Florida, upon the terms and
conditions as stated herein.
~ DTSCRIPTION OF PftOPEftTY :
Parcel No. 1: The West One-Half (W~) of Section 23,
Township 36 South, Range 37 Sast;
Parcel No. 2: The South One-Half (S~) of Section 25,
Tor~mship 36 South, Range 37 1~ast; LESS
the~Tast 125 feet for right of way of ~
Central and Southern Florida Flood ;
Control District; -
- Parcel No. 3: The West One-Half (W~) of Section 26,
- Township 36 South, Range 37 East;
' All of the aforesaid property located in St. Lucie Countq,
State of Florida.
TO HA~IE AND TO HOLD the above propertq for the term of five ( 5)
years from the llth day of July, A.D. 1967, and ending on the same
~ day and month in the year 1972•
~ PROVIDED that either the Lessor or Le ssee maq terminate and
cancel this lease agreement utithin sixty (60) days prior to the termi-
nation of the first year or ~ithin such period during each successive '
y~ar of this lease; that the party electing to terminate this lease
shall furnish by written notice to the other party the aforesaid notice
of termination within the 60-day period aforesaid.
RENT: The Lessee agrees and covenants with the Lessor to pay
rent as follows:
The sum of $3-00.00 per month during the first year
of this lease reement; Lessee to pay in quarterly
instalments of~900.00 per quarter; the sum of $900.00
~ to be paid at the execution of this agreement.
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