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Home My WebLink About2149 ~ G . z~~.Q1 ~ ~arrantp ~eeb TO TRUSTEE UNDER LAND TRUST AGREEMENT TRUST No._~5 _ . ~big ~nacnturc ~litncggcth. Tha~ the G~antor ANNIE J: COBB , 8/k/8 ANNIE COBB alld ANNIE S. COBB , a single persony_ _ of cou~~Y o+ St . Lucie Florida ~he n ian iver Citrus Banko -Vero State of tor and in cons~deration of the sum of 7en Dollar ~nd other qoed and valuable conslderations in hand p~~d, receipf af which is hereby acknowiedqed, hereby grants, conYcys an~f warrants unte ~i(~~g~[,~~(y~jQ~~(~~~~~~R{ OQKaL. Honda, a bank~ng corporahen organ~zed under the ~aws of the State uf Fbr~da, and <lu~v authonzecl to accept and execute trusts ~e hC ~ ~ ~~iii vviai~ici w~t ~n the Stafe of Florida, as Trusfee under the qovisions of a cert~~n Trust Agrecn~eM, dated thc day of , 19 73 and known as Trvsf Number_~~ the (ollowinq descnbod real estate in the County of `St. Lueie and State of Fb~~da, to-wit: The South One-Half (1/2) of the Northwest One-Quarter (1/4) of the Southwest One- Quarter (1/4) of Section 13. Township 35 South, Range 39 East; said land lying and being in St . Lueie County , Florida . Subject to the following: (1) Resl estate taxes for the year 1973. (2) Purchase money mortgage from The Indian River Citrus Bank, as Trustee, to Annie J. Cobb , the Grantor , securing a mortgage note in the amount of ;106. 5Q0 . 00. (3) Reservation to the Trustees of Internal Improvement rund o~ the 5iate of Floria~ found in that certain deed from said Trustees to T. J. Cobb snd Annie Cobb , his wife , dated May 17 , 1943 , and recorded June 12 , 1943 , in Deed Book 106 , page 416 , public records of St . Lu~ie County , Florida . {4) Right-of-way over the West 25 feet of the above described property for Kings HigMway. (5) Permit by T. J. Cobb to Southern Bell Telephone and Telegraph Company recorded / in Deed Book 2~0 , page 434 , of the public records of St . Lucie County , Florida . ~j Si ; It is the intention of this deed to vest title in The Indian River Citrus bank , as Trustee ,\v` as set forth above , and whase mailing address is Vero Beach , Florida . TO HAVE AND TO HOLQ the said real estate in fee simple w~th the aopurtenances upo~ the trust and for the purposes herein and m sa~d Trust Agreeme~~ and Declaration of Trust sct forth. Ful! power and authority is he.eby g?anted to said Trustee or its successors to improve, to protect, conserve and to sell, to wbdivide said real estate or any part thereof, to dedicate parks, streets, highways or alleys and to vacate any wbdivision or part thereof and to resubdivide sa~d real estate. as often as desired, to contract to sefl, to grant options to purchase, to seH on any terms, to convey either with or without con- s~deraUa?, ro convey said real estate or any part thereof to a successor or successors in trust and to grant to such successor or successors in trust all of the title, estate, powers and authorities vested in said Yrustee, to donate, to dedicate, to rrwrtgage, pledge or otherwise encumber said real estate or any part thereof, to lease said real estate or any part thereof, from time to time, ~n possess~o~ or reversion, by leases to commence ~n praesenti or in futuro, and upon any terms and for any period or periods of time not exceeding in the case of any single demise the term of 99 years, and to re~ew o~ extend leases and fo amend, change or modify leases and the terms and provisions thereof, to contract to make leases and to grant options to lease and options to renew leases and options to purchase the whole or any part of the reversion and to contract respecting the manner of fixing the amount of present or future rentals, to partition or exchange sa~d real estate or any part thereof for other real or persona! properfy, to grant easements or charges of any kind, to release, convey or assign any right, tifle or interest in or about said real estate or any part thereof, and to deal with said real estate and every part thereof in all other ways and for such other consideratio~s as it would be tawful for any person owning the same to deal with the same, whethe~ s~m~lar to or different from the ways above specified, at any r~me or times hereafter, and otherwise to manaye and dispose of said property, ~ # In no case shall any party dealing with said Trustee in relation to sa~d real estate or to whom sa~d real estate or any part thereof shall : be conveyed, contracted to be sold, leased or mortgaged by said Trustee, be obliged to see to the applicat;on of any purchase money, rent, ' ~ Z~ or money bo~rowed or advanced on sa~d prem~ses, or be ob!iged to see that the terms of this trust have been complied with, or be obliged Z a to ~nqu~re into the necess~ty or expediency of any act of said Trustee, er be obl~ged or priv~leged to ~nquire into any of the terms of said Trust Agreemenr or Declaratian of Trust; and every deed. trust deed, mo.tgage, lease or other instrument executed by said 7rustee in relatwn to s~;•± •ea~ o~rarP chall he conclusive evidence in favor of every person relying upon or cla~m~.+g under any such conveyance, lease or other ? ~~strument ~a~ that at the time of the delivery thereof the trust created•by th~s tndenture and 'ov said Trusi i+grrrrr.r~~i e.~G ~.~ara:2,-,~. ~f IJ'~ a~~ 7rust was in full force and effect, (b? that such conveyance or othe. ~nztrument was ezecute~ in accordance with the trusts, conditions and limitations conta~ned in this Indenture and in said Trust Agreement and ~etlaration of Trust a~d is binding upon all benefic~aries thereunder, S i~ ~c+ that sa~d Trustee was duly authorized and empowered to execure and deli~er every such deed, trust deed, lease, mortgage or other in- strument and ~d? if the con~eyance ~s made to a successor or successors in trust, that such successor or succeszors ~n trust have been proper{y appointed and fu(ly vested with a(1 the tiNe, estate, rights, powers, dut'ees and obligations of fhe sdid predetessor in trust. ~ Any contract, obligat~on or indebtedness incurred or entered into by the Trustee irt connect~on with said real estate may be entered ~nto ' j, ~ bv it in the ~ame of the then beneficiaries under said Trust Ag.eement and Oeclaration of Trust, as their attorney in fact, hereby irrevotably aDPo~~ted for such purpose, or, at the eiect~on of said Trustee, in its own name as Trustee of an express trust and not indivldually and rhe Trusree shalt have no obligat;on whatsoever w~th respect to anv such contract, obligation or indebtedness except only so far as the trust ~ property and (unds in the actual possess~on of the Trustee shall be applicable for the payment and discharge thereof, and a(1 persons and y . corporations whomsoever and whatsoever shaN be charged wifh notice of th~s cond+tio~ from the date of the filing for record of fhis Deed. ~ The interest of each and every beneficiary hereunder and under the Trusr Agneement and Decla~ation of Trust hereinbefore referred to and of aII persons claiming under them or any of them shall be onlv in the earnings, avails and proceeds arising from the 501e or other dis- pos~t~on of said real estate, and such interest is hereby declared to be personal property, and no beneficiary hereunder shalf have any title or interest, leqal or equitable, in or to said real estate as s~ch but onty an interest in the earnings, avails and proceeds thereof as aforesaid. i 11nd the G.antor. hereby fufly warrant. the tetle to said real esfate and will defe~d the same aga~nst the lawful claims of all persor?s whpmsoever. IN WfTNES6 W EOF the Cxanror_ _ aforesaid has_. _ hereunto set____-_ ~_1er __,_hand and seal this_' d-'~___day of =~eie~er- y~-~c-.~ ~ 9 ? 3 - $igned, Sealed and ~elivered in our Presence: _f , ~ ~ - - ~ ~ - ~ L lSeall , ~ ANNIE J. COBB k a I COBB ' and ANNIE S. _BB , a single perso~~i~ j - , ~sea~? ~OAM 11 TD 60~ 1~