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. M~MAAN K ~1tM1
~ 20~~~9 °°+~"~«."'w~`~r ~
. ~Ka~~ ~
NII~TY-rINE YE~R L^cASE
THIS LEASE entered into by and between FIRST ;~IATIONAL BA~YK OF Ft~tT
PIERCE, AS ~tUS7~E, uader Trust Agree~aent dated Noveiaber 1?, 1970 and knawn .as
Trust Number 1 - , hereinafter called the "Lessor", and COIANN.aDES .
OONDOMINIUMS ASSOCIATION 1~0. 2, INC. , a corporation not for prof it under
the laws of the State of Florida, hereinafter called the "Lessee",
W I T N E S S L T H:
1. Demise. Upon the terms and conditions herein se ~ forth and
in consider~~n of the prompt payment £rom tir~e to time by the I~essee
of the rents arxi other sums of money hereinafter szt forth, arid in con-
sideration of the prompt and continuous ~erforr~ance by the i~ssee of
each and every of its covenants and agreements herein made to be kept
and performed, the Lessor does hereby lease, let arr3 de:nise unto the
Lesaee, aryd the Lessee does hereby lease o~ and ~~om the I.essor, the
following described property, lying and being situate in St. Lucie
County, Florida, to-wit:
~ , Beginning at the South~aest corner of I,ot l, Bayshore ~st~tes, Unit Z~ro, St.
~ Lucie County, Florida, as per plat thereoP recorded in ~Ia;. 300:{ 34, Pa~e 25,
; ~t. Iucie Cour~ty, Florida, Public Records, run South 39° 30" ~:est alo:ig
` the north right-of-w~yr oP Bayshore Drive a distance o~, 150.y fe~t ~o the Point
of G~arvature of a curve concave ~o the northe~.st ar.d having ~ ceatral angle
of 41° 05• and a radius of 266.87 feet; ~hence run aZor.~ sa~3 curve.an arc
distance oP 22.03 feet; thence run North 21° 22' 30" ~ast, ?.12.01 °eet; thence
run North 32° 36' 30"~ West, 77.73 feet; thence ru.~ PIorth 57° ~8' Flest; 110.0 -
feet; thence run North 32° 02' Last, 60.0 feet; thence run i~iorth 69° 47• 34"
East, 300.0 feet; thence run South 60° 52' 30" East, 375~:0 feet; ~~ence ruri
South 0° 10' 30" Ee.st, 64.37 feet to a point; thence rur. South 89° '~9' 30"
West, 150.02 feet to a point; thence rur~ 8outh 0° 10~ 30" ~st, 23 feet to the
North~rest corner of Lot Bayshore ~states, Unit Z1~ro; thence ri:n South &q° _
~9' 30" West, 225 Peet along~the North l~nes of I,ots 3, 2 snd l, Bsyshore
Estates, Unit ~ro, to the North~est corner of L~ot i, Bayshore :states, Unit
~o; thence run South 0° 10' 30" East alo~ ~he West.line o~ said ~t 1,
110.0 feet to the F~int of Beginning of the lands herein described.
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~ r~er.ances ~'r:ereto and to-
all of said p~operty, together with the app~
gether v~i~h all im~rovements, buildir~s and s~ructi:r•::s r.ov: cr here-
after placed thereon, and all furniture, furnisnin;s, ~ix~~.,Lres, :na-
chinery ar.3 equipment, now thereon, and all additio:z: tY:ere ~o ar~ re-
placements tnereof, being hereinafter called, referred to an3 inc~uded
within the term "Demised Premises".
2. ierr:~. I'he terms of this Lease shal? com-r.ence as or ~:~e ca~e
upon k*hic~e Declaration of Condo:rlniu~r of COu;:.::::~ CG:~JC:~,iNiui~iS ~IC. 2,
INC., ::erei:~after referred to as the "Cor~c'.o~r.iniu:~", :.Y:4? 1 be rzcorded
amonjsz the ?ublic Records of St. Lucie County, ylor~::a, Gr:d s:~,il con-
tinue tr.erea~ter for a period oi ninety-nine ~99; yea_ns.
~ - ~
~ ~ s. use of Prerr,ises. The Lessee is ~l:e asscc~~~`,~ cr: = o~~;r.~~. ~~u»-
suant ~c :,ne app ca e provis ions o~ the : io-rica ~ ~u ~ o=•
purpose o; managing the affairs of tY:e Cor:~cm.~n~u.F:. ='r_~ _,ss~::: -
~ered into t'r.is Lease to make avail~.'~le~ ~:_e 3e:nise~: ~~~e::_: ~s ~c_~
recreat~.on, ~eisure time activity, he~lth, use, ~oer.e.-_~ ar.~ e: ;;~.~r~~:~r.~
of tri~ apartment unit owners and/or ~'r.e apar~r,~ent ur.~~ occ~~~~,;~ c:
Condor.:~nium as they riay from time to t~me exist du: irf- ~::e ~e oi
this Lease. Use oi' the Demised :'remises by the iessee sha~l be :~on-
1QCROFIIY l~[0
Le gibi li ty oi wri tina, typias
ar printins unastiaiactoryr in ~
this docaaent ior sicrofil~ins .
LAW OFFIGEi Of 60LDiTE1N, ?RANKLIN. GHONIN i iCMRANK, P. A.. 2020 NORTMEAS? 183RO STREET. NORTH MiAMI Bc/?GH, FLORiDA 33t62
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