HomeMy WebLinkAbout0821 CONSOLIDATED-TOMOKA LAND CO. does also grant and convey
unto Grantee any subsurface interest it ma}• hold in said lands.
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This conveyance is made subject to:
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;Q~-~ _ 1. Reservation to the Board of Education, State
' of Florida, as set forth in that certain deed
d dated May 2, 1910, and recorded in Deed Book
" 10 at Page 287, St. Lucie County Public Records
~--~v%:"~~:. with respect to Section 16, Township 34 South, ;
, t~ . _;~t
, Range 37 East.
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2. Transfer of a royalty interest to Liberty Oil ,
and Royalty Company dated December 29, 1953 ;
1111!I1y11111lII and recorded in Deed Book 187 at Page 597, s
rx ~ St. Lucie County Public Records, and Assignment i
Q~ ~ from Liberty Oil and Royalty Company dated ~
ti: October 1, 1956 and recorded in Deed Book 220 '
~ at Page 381, St.Lucie County Public Records.
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~ 3. Transfer of a royalty interest to G. Burton
Liese, et al., dated December 29, 1953 and re-
~~m corded in Deed Book 187 at Page 615, St. Lucie ;
~ ~ ~ ' County Public Records. ;
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4. Oil, Gas and Mineral Lease dated June 15, 1971 ~
~ -aith Shell Oil Company and recorded in O. R. s
~ a Book 194 at Page 174, St.Lucie County Public ~
:~y s ° ~ Records .
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0 p~~£` 5. Taxes for the year 1974 and subsequent years.
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yo"~`' . The Grantor, for itself, its successors and assigns,
does hereby warrant that, subject to the exceptions set forth
i in the preceding paragraphs, it is the owner of and has the full
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~ right to convey all the oil, gas and other minerals in and under
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~ the above designated lands, and Grantor will defend title to said s
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~ oil, gas and other minerals against the claims and demands of
~ all persons whomsoever; provided that damages for breach of this
covenant shall not exceed $33,605.00. j
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The Grantor, for itself, its successors and assigns, does
hereby reserve as a royalty an undivided one/thirty-second of all t
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oil and or gas lying under or that may be produced from tne lands above ;
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~ described, except the lands in Section 16,Township 34 South,Range 37 East. _
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Grantor shal~ not be entitled to any bonus or delay rentals falling
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due after the date hereof and derived from any existing or future
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tz oil, gas or mineral lease on the mineral interest herein conveyed.
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~ "'Y:is resercaticr is cor.tract~:~.l ir. natt~re and forms a part of the cor.sid-
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~ eratior. for the executic:~ e{ this deed and is and shall ~e a covenar.t
runnina •~~ith the land and bindir.g upon Grantee, its successers and a~signs. :
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