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HomeMy WebLinkAbout0304 ~ _ ~ . . ~ 1'?"7636 ~ L$as$ ea~sx~r ` _ ; THAT w~AS , PHILIP J. THIBSD$AU ,.TIt . and BSTTT THIB~DSAU , i; his xife, firat parties, have entered into agreement thia day ~rith PHILIP J. THIBSDSAU, SR. and SMIL2 THIB$DT~AU, hia ~ife, second partiea, relating to indebtednesa in the sum of TWBNTY-SIZ HUNDRED ($2600.00) Dollars, from first parties to second parties, and WHSRTAS, first parties are purchasing certain property located at 9207 South Indian River Drive, St. Lucie Cowa`ty, Florida, and WHEREAS, first partiea desire for second parties to have ex- clusive right to possession in and to the hereinafter described out-building located adjacent to the property herein purchased. IT IS THEREFOR~ AGftTsED by and between the parties: 1. That first parties herein lease and let unto second parties for a period of fifty ( 50 ) years or to the ~a~h - of se cond partie s respectivelp, xhichever occurs first, the folloxing property, to-xit: The two-bedroom frame cottage located to the North~rest of the main house, xhich address is 9207 South Indian ftiver Drive, St. Lucie Countp, Florida. ~ 2. That it is agreed by and between the parties, that in the in the discretion of first party, event it becomes necessary or desirable/to sell sub~ect property including the lease.hold interest of second parties,in such event ; • _ ~ upon 30 days xritten notice of sale second parties agree to the cancellation of this Lease Agreement. That in such event of cancel- lat ion f irst partie s agree to re imburse se cond partie s in the sum of ~ ~ Ti~110 THOUSAND SIZ HUNDRSD ($2,600.00) Dollars, or such other sum mutually agreed upon by the parties. together xith reasonable value of all improvements placed upon leased property bp ~~qnd parties. 3. This agreement is non-assignable. t~ i~TTITNBSS our hands and seals this day of , ~ 19b9. ~ Y Signed, Sealed and Delivered in S$AI.~ ~ the preaence of: _ . e u, r. ~ ~ (SSAL) ty u . . ~ ~ ,to r e SEAl) ~ f . a , r. ~ ~ ~ L~b~. ~ ~ y eau t a to n partiea ~ ~ ~ . , ~ - z x~ ~ ~ - ~ ~ ~ - ~-=~~$~v .