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~ R RSSORTS AT NETTLES IS?~ND. INC. , A CONDOiMINIi~I
RECREATION CSNTTR LEAS~
THIS LEASS is.made and entered into on the 2~t day
of ~uttl , 1971, by and between OUTDOOR RESORTS OF AMSRICA,
INC., a Tennesaee corporation, hereinafter referred to as the
"Lesaor", OUTDOOR RSSORTS AT NETTLSS ISLAND, INC., A CONDQMIN-
I~1, a Florida corporation not for profit, hereinafter referred
to as "Lessee",
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W I T N S S S B T H
The Lessor and Lessee, each in consideration of the
agreements to be performed by the other, hereby agree as fol-
lre~rs :
~ _ 1. RECREATIO~11 CSNTER PROPERTY LEASED. Upon the terms
and conditions herein set forth and in consideration of the
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prompt and continuous perfonaance by the Lessee of each and
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~ every of its covenanta and pramises herein made, the Lessor 8oes
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~ let, lease, ~a a~ise (but not exclusively Bo) unto the Lessee,
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and the Lesseedoes hereby lease (but not excluaively so) of and °
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from the Lessor, the following described property, lying and being
situate in St. Luc:ie County, Florida, to wit:
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~ ~c~i:~ninc at tre ~ouc: ~~:~_sL corn~r oL f.ract #16 of th~ I~:ettles I~lan~
3 Dl'O' t of O. R, a~ recorced ? n plat booy I5, pa~e 1B, St. Lucie County,
~ Flor_da, ~1~~:icr is the point of be;~i*~uiing, thence Pi 21° 13' S2~~ ~~1 a
~ distance of 175~ thence id 75° 23' 09" E 410- to a point, such being 50'~
alon? the sarte cours~ from the k~aters of the-Rtlantic Ocean thence
~ 5 21° 13' S2" E 175' to a point located on the south pronerty 2ine of
~ tract #~6 a~ c~efined above thence, S 75° 29' 09" t7 410' ~ to the point
of i~e~in.+zir_e, exceptinn the sauthmost 20 ft. of ~aid tract, as limited
~o;~r~on u~e ~ea, ~uc~ ~l~ot?e described sub-tract oi tsact #15 contai.ning
~ 1.L~ ~cre~- more or ?es~. -
~ . s~19i 189~ ~
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