HomeMy WebLinkAbout2887 _ . _ _ . _ _ . _ ~71ds Instrument V/~s Prcnatcd By:
~ • NORfrtAN H. GOLD;,7E{tl
- EXHl61T E~ wW o:~;~~s or ~ '
Ooldstoln, Fronklin. C~wnin L Sctvank
• . Profes:lo~al At:uratbn
2020 N. E IC3rd ~.,t~+c.ot
Nortb YIaiN 6~a~h. fbtkia i.31~Z
NINETY-NII~ YEAR IEASE
THIS LEASE entered into by and between FIRST NATIONAL BANK OF
FbRT PIERCE, as Trustee, under Trust Agreement dated November 17, 1970,
and known as Truet Number 1, hereinafter called t2ys "Leasor", and .
COIANNADES CONDOMINIIIMS ASSOCIATION N0. 4, INC., a corporation not
ror ~rotit wnder tha laKd of the State ot Florida, hereimat'ter aallod
the Lsasee",
W I T N E S S E T H: -
1. Demise. Upon the terms ar~d conditions herein set forth and
in consi ed
ra~ion of the prompt payment from time to time by the Lesaee .
. of the rents and other sums of money hereinafter set forth, and in coA-
sideration oP ttie prompt and continuous perPormance by the Lessee oP
each and every of its covenants and agreements herein made to be kepti
and performed, the I,essor doea hereby lease, let and demie~ u~~o the
Lesaee, and the 7~eseee does hereby lease of and Prom the Leseor, ths ~
Pollowing described property, lying and being aituate in St. Luale
Cou~ty,, Florida, to wi~ :
Beginning at the Southwest corner of Lot 1, Bayshore Estatea,
~ Unit Zl~ro, St. Lucie County, Florida, as per plat thereof
recorded in Plat Book 14, Page 25, St. Iucie County, Florida,
"~:~:,.Public Records, run South 89 degrees 49' 30" West along
_ the North rigHt-of-way of Bayshore Drive a'distance of 150•Sfeet
to the Point of Curvature of a curve concave to the northeast ar~d
' . 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; .
~ thence run North 21 degrees 22' 30" East, 112.61 feet; thence ~ -
~ run North 32 degrees 36' 30" West, 77.73 feet; thence run North '
~ ~ 57 degrees 58' West; 110.0 feet; thence run North-32 degrees
; 02' East, 60.0 feet; thence run North 69 degrees 47' 30" East, _
A 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 0 degrees 10' 30" East, 23 feet to the
~ Northti~est corner of Lot 4, Bayshore Eatates, Unit Z~ro; thence
~ run South 89 degrees 49' 30" West, 225 feet along the North lines
~ of Lots 3, 2 and 1, Bayshore Estates, Unit Two, to the Northwest
~ corner of Lot 1, Bayahore Estatea, Unit ~o; thence run South
O degrees 10' 3Q" East along the West line of s81d Lot l, 110.0
~ feet to the Point of Beginning of the lands herein described.
~ All of said ro ert to ether with the appurtenances thereto and to-
~ gether with all improvements, buildings and atructuree now or here-
~ after placed thereon,~and all furniture, furnishinga, Fixturea, ma-
~ chinery and equipment, now thereon, and all additions thereto and re-
~ placements thereof, being riereinafter calleds referred to and included
~
- within the term "Demiaed Premises".
2. Term. The terms of this Lease shall commence as of the date
`Y' upon whicn ~Fie Declaration of Condominium of COLONNAD~S CONDOMINIUMS
- N0. 4 hereinafter referred to as the "Condominium", shall be recorded
~y amongst the Public Records of St. Iucie County, Florida, and shall
continue thereafter for a period oP ninety-nine (99) years.
`^S 3. Use of Premisea. The Lesaee is the association formed pur-
suant to app ca e provialons of the Florida Statutes Por the .
purpose oP managing the aPfaire of the Condomir~lum. ~ The Lessee has en-
tered into thia LeaBe t~o mal~s availabl~s th~e demised' pacemisea tor the
;.y .
e_^3 , •
gGOKi98 PA~~2~84 ~
, u?W APiICEi Or c:OLD6TElr4, iqANKLIN, GHONIN ~ iGMRANK• P.A.. l020 NORTN[A~T 157110 iTR[R. NOlITM MIAMI •[AGH, fLti::l~: z