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A G R E E M E N T
THIS AGREEMENT dated this ~ day of rEd,d u r~ ~Z
1968, by and between M. A. WALLY and ADA WALLY his wife,
hereinafter called "FIRST PARTY" and SHELL OIL COMPANY, a
Delaware Corporation, with offices at 50 West 50th Street,
in New York, New York, hereinafter called "SECOND PARTY",
W I T N E S S E T H:
' That FIRST PARTY, by Warranty Deed dated November 10,
1965 conveyed to SECOND PARTY certain property in St. Lucie
County, Florida, more particularly described in Deed re-
corded in Official Record Book 130, at Pages 514 through
516, of the public records of St. Lucie County, Florida.
That said deed contained the following covenant:
"Grantor covenants that any buildings, structures,
signs or other improvements constructed to the North
of and within 100 feet of the North boundary line
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of above-described property, shall be set back 130
feet from the existing right-of-way line of U. S.
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~ Highway 1. "
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jr~~~~ That SECOND PARTY has been requested by FIRST PARTY
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_~>>=o; to reduce the above-mentioned setback requirement,
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° WHEREFORE, in consideration of $1.Q0 and other valuable
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consideration, the receipt whereof is hereby acknowledged,
SECOND PARTY hereby agrees that the said setback require-
ment contained in the above-mentioned deed shall be reduced
from 130 feet from the existing East right-of-way line of
U. S. Highway 1 to 100 feet from the existing right-of-way
line of U. S. Highway l.
SECOND PARTY further covenants that it is still the
owner of the property described in the above-mentioned deed
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