HomeMy WebLinkAbout1482 , r -
~ y
f
OPTIi.•P: TO Pli:t~NA~~:
R~CEIFT is ~ereby acknowied~ed in ti~e stua of FIVE HUhDR~p
( ~~SCEC~ . CO ) Dollars, fro~* ROB~.~ZT P.. PNIF~R ~nd i~:~RGARaT h~ . PHIFER ,
his wife, hereinafter cal~ed 'tPurchasers" to and in favor of
t~~I?TUP: J. RCS~;I~AU, a sin~le adul~, for and in consideraticn of an
Cption to Furchase bet~~v~en the Farties the foliewing described
groperty, to-wiL:
Comr.~encin` at the 1!orthwest cornzr of the Tract of Land
on Cause~ray I sZand excepted frorr. the d~~ scr~ ption for
''Declaration cf r~bandonr~,ent" , from the Lnited States ef
~erica to Fort Pierce Financir.g and Gonstruction Company, ~
as the sar.:e is : ecorded in Deed 3ook 1~2, page 3E~0, - of the
Pub~ic Records af St. Lucie County, F~oricia; run thence ~ ~
South 1?O J~7' iYest 155.29 ~~et to the Aj~rth ri~ht-ef-way
?ine oi Stat~ Road ~lA (Seaway Drive); thence alon~ the °
P:orth riFht-of-~•ray iine of State Rea~ AlA run on a circular j
curve concave to the South of a~radius of 766.$ feet and a ~
central an~le oi~ 5° 4~', 7?.9 feet; thence S~uth 70~ 1~'
Last alon~ tr.e I~:orth ri~ht-of-way line ci State Road AIA, ~
i72.1 feet to an iron gipe r,~rkin~ the :'outheast corner of
~he John Stenroos prop~~rty and the Reference F~int ef the
tract herein described: . -
From said :~eference Point continue Easterl}T alon~ the
t:ortherly? r~~-ht-of-Vray of Sta`+.e Road AlA 115 feet for goint
a~ be~innin~T; thenc~ centinue Easterly alon~ said i:orth
ri~;ht-of-way line for a dis~ance of 60 feet; thence turn
and run in a i:ort'r.eriy dire,:tion to a point on the t'crth
, Shors of Caus~way Island and Indian River 144 fee~ ~ast of ,
that Foint on said River Shore ivhich bears Aorth i3o 4?' ~
~ast at a distance of 21~7 fpet fror~ Reference Point; thence
meandering the I•forth Shore of Caussway Island and Indian
River, run~ Westerly 52 feet r~ore or less to a point on said
River Shore which is ~2 feet East oi that point on said
~iver Shore which bears P:orth 13° 47? ~ast at a distance cf
24"7 feet from the ~eference Pcint; thence Southerly aion€
tne ~.as~ line of Lir.;er Lcok's ~rogerty 266 feet riore ~r less
:.o ~he Foint cf Beginnin`.. ^10GET:-iE~ ~dITH r?LL riparian and
littorai rights. ;
TH ; CPTIOI+: P~ffIOD shali be i ourteen (14) days fror~ date af '
i
- ;
execution cf th~s a~-reer~ent. i
Upon the exercise of the option to purchase the subject praperty ~
;
within t}~e cine prescribed by this 4ptian, the terr;s of purcrase
are as fol? ows:
T~TAL PL'RCHr~~~ P;?ICE 2;,CCC~.t;~;
The sum herein paid tG be cr~~dited tcward purchase price; further
cash sur.1 of 4~2,20G.OC to be pa:d Seller cn ex~rcise of i'ptzcn. #
~
~
2:ortga~e Assumed: .yirst I~;ortga~e to Gitizens Federai Savini s ~
. ~ P » Y . P ~
i
Loan association of ~t. `Lucie Ceunty, in th., apg, o..ir.:at.. ar.:ount ~
.
of ~Z5~91~.QO. ~
;
i0(~ 1Nif
. ~
~ _ _