HomeMy WebLinkAbout2954 . ~ ~~(i" L~ Thts Instrument Was Pr~~red Ry:
~ NORASAf~ H. GOLD,°, i EiN
~ Law O:ficca of
. ' ~ GoWstcin~ Frar.klin. C:ic;.in L ::tl~tank
.~pry Profes~lonat ;~ac?~tt;,n
216W I ' 20:.'0 N. E. 1.'3M ~tr~ot
Nath Miemt t3cach, Flaiti:a ~3152
NINETY-NII~ YEAR LEASE ~
THIS LEASE entered into by and between FIRST NATIONAL BANK OF
FORT PIERCE, as Trustee, under Trust Agreeraent dated November 17, 1970~
and knoNn a8 Trust Number l, hereinafter called ths "Lessor", and
COIANNADES COM~MINIUMS ASSOCIATION N0. 4, INC., a corporation not
for ~roPit under the laMe of the State of Florida, hereinafter called
the Leaaee",
W I T N E S S E T H:
1. Demise. Upon the terms and conditiona herein set forth and
in consi ecY~ra'~~n of the proa~pb paynient from time to time by the Lessee
of the rents and other sums of money hereinafter set forth, and-in con-
sideration of the prompt and continuoua performance by the Lessee of
each and every~of its covenants and agreementa herein made to be kept
and performed, the Lessor doea hereby lease, let and demise unto the
Leaeee, and the Lessee does hereby lease of and Prona the Lesaor, the
follo~?ing descr3bed property, lying and being eituate in St. Iuale
County, Florida, to Nit:
Beginning at the Southwest corner of Lot 1, Bayshore Estates,
Unit ~o, St. Lucie County, Florida, as per plat thereoP
recorded in Plat Book-14, Page 25, St. Lucie County, Florida,
Public Records, run South 89 degrees 49' 30" west along
the North right-of-Kay of Bayshore Drive a distance of 150$feet
to the Point of Curvature of a curve concave to the northeast and
having a central angle of 41 degrees OS' and a radius of 266.87'
feet; thence run along said•curve an arc distance of 22.03 feet; f
thence run North 21 degrees 22' 3~" East, 112.61 feet; thence
run North 32 degreea 36~ 30" Weat, 77.73 feet; thence run North
' S7 degrees 58' West; 110-,0 feet; thence run North 32 degrees
~ 02'-East, 60.0 feet; thence run North 69 degrees 47' 30" East,
300.~0 feet; thence run South 60 degrees 52' 30" East, 375.0
feet; thence run South 0 degrees 10' 30" East, 64.37 feet to a
point; thence run South 89 degrees 49' 30" West, 150.02 feet to
a point; thence run South O degrees 10' 30" East, 23 feet to the
Northxest corner of Lot 4, Bayshore Estat~s, Unit ~o; thence
run South 89 degrees 49' 30" Weat, 225 feet along the North linea
of Lots 3, 2 and 1, Bayshore E9tates, Unit Taro,. to the NorthNest
corner of Lot 1, Bayahore Estates, Unit 'I~ro; thence run South
O degrees 10' 30" East along the Weat line of said Lot l, 110.0
feet to the Point of Beglnning of the lands herein described.
All of said property, together xith the appurtenances thereto and to-
gether with all improvements, buildings and structures now or here-
after placed thereon, and all furniture, Purnishinga, Pi~cturea, ma-
chinery and equipment, nox thereon, and all additiona thereto and re-
~ placement~ thereof, being hereinafter called, referred to and included
Mithin the term "Demised Premises".
2. Term. The terma oP this Lease shall commence as of the date
upon whicFi.~Fie Declaration of Condominium of COLONNADES CONDOMINIUMS
N0. 4 hereinafter referred to as the "Condominium", ahall be recorded
amongst the Public Recorda of St. Iucie County, Florida, and shall
continue thereafter Por a period oP ninety-nine (99) yeara.
3. Use oP Premiaea. The Lesaee is the association formed pur-
auant to app ca e provieiona oP the Florida Statutes for the
purpoae of managing the a!'faira of the Condomi~nium. The Lesaee has arr
tered into thia Leeae to malae available the demieed premisea for the
.
BaoK 1y5 Pac~ ~y~
LAW OFFICEf OF QOtAiT[IN, FRANKLIN. CHONIN A iCMRAHK, P. A., 2020 N011TMEAiT td~~o STREET. NORTH MIAMI BEAGM. ~LORIDA »162
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