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HomeMy WebLinkAbout2116 6 1 ~ on the tree or fruit which has been delivered to processors pursuant to participation plans. 3. The Operator is authorized to extend the existing ~ reservoir lease for such period of time as Operator deems ' ~ advisable for the conunon interest of the Owners. Further, if Operator deems it advisable it may exercise the option to purchase the reservoir according to the terms set forth in the lease thereof and may pay for the same from the Owners' fruit income. In the event of such purchase, title to said property shall be held by Operator in trust for all Owners of record of lands platted as Indrio Groves as per : , plat in Plat Book 12, page 48, gublic records of St. Lucie County, Florida. 4. Except as expressly herein modified the above men- tioned management and operating agreement shall remain in full force and effect. S. It is contemplated that this agreement will be executed ; by all parties in severa]~'~~Cact counterparts, except signatures, ~ ~ and all such counterparts taken together shall constitute one agreement. This agreement shall be construed and interpreted I~ the laws of the State of California. in accordance with INDRIO RO S, INC. i , fj~ p • ln,~,~, ? ; ~ QPERATOR ~ i 7 . ; ^ OWNERS ~ ~ ~ . ~ ~ i R. DO D IS . SON ^ i C ~1~i~ / ~ VI I D S rl LY J HNSON : ~ , Fj Blocks 9, 10 and 11 Blocks 53 through 68 and ~ 83 through 90 " ~ ~ B~RK2z9 F~CE2116 NEILL ORIFFIN JEriPIES i LIOYD CHAqTEqED ~ P. O BOX ~270. iORT PIERCE, ilOR1DA 39450 - TEtEPNONE 13051464-8200 t _ -v 5~ - ~ y e~s ~ - . _ ~ _ '