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LONG-TERM LEASE 1~~31~ ~
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THIS LEASE, made and entered into this 26th day of y
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February , A.D., 19~70, by and between INLET HOUSE ~
CONDOMINIUM MANAGEMENT CORPORATION, A Florida Corporation, ~
hereinafter called "Lessor'~, and INLET HOUSE CONDOMINIUM ~
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APARTMENTS, INC., A Florida Corporation not for profit,
hereinafter called '~Lessee"; d
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W I T N E S S E T H
THAT the said I.essor does this day lease unto the Lessee ~
and the said Lessee does hereby lease from the Lessor the ~
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following described premises, including all buildings,
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improvements, swimming pool, recreation facilities, and ~
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personal property located with said premises, all being and
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lying in St. Lucie County, State of Florida, more partic-
ularly described as follows: _ ~
From the northwest corner of Lot 1, MARAVILLA SUB- ~
DIVISION, as recorded in P].at Book 7, Page 31, Public
Records of St. Lucie County, Florida,run East along
the north line of said Lot 1 a distance of 15S.OO ~eet o
; to the Point of Beginning of the land herein described: ~
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~ From said Point of Beginning, continue East along ~
~ the north line of Lot 1 a distance of 195.00 feet; y;
thence run South 75.00 feet; thence run West 195.00
F feet, thence run North 75.00 feet to the north line ~
~ of Lot 1 and the Point of Beginning; said land •
comprising the property upon which the Inlet House :
Condominiums Recreational Area is situated.
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TNAT the said Lessor and Lessee for and in considera- ~
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tion of the covenants and conditions as hereinafter set •
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~ forth, as well as for One Dollar ($1.00) and other val-
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~ uable considerations by each of the parties to the other
~ in hand paid simultaneously with the execution and
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~ delivery of these presents, receipt of which is hereby
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' acknowledged, the following express stipulations and `
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conditions are made a part of this lease and are hereby
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~ assented to by the Lessee: '
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