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~ 318'7~4
SPECIAL WARRANIY DEED
~i-iIS IND~iTURE, made this day of ~ A. D. 1975, by
~ FLARIUA EAST OOAST RAILWAY COMPANY, a orida coYpora n,
witF~i its address
being P. 0. Drawer 1048, St. kugustine, Florida 32084,_hereina.fter called
"Gnantar" to M.S.B. CORPORATION, a Florida oorporation, with its address
being P. 0. Box 310, C~natingny Station, 11077 N. W. 36th Avenue, Miami, Florida
33168, hereinafter called "(~antee",
W I T N E S S E T H:
That G~antor, for and in considen3tion of the swn of Ten Dollars ($10.00)
to it in hand paid by said ~antee, the receipt whereof is hereby aclmaaledged,
has gn~nted, bargained and sold to Grantee, its successors and assigns forever,
the follawing described land in St. Lucie County, Florida, to-wit:
A par~cel oi land lying in t'rie sout'ttiw~est one-qu,arter ot ~ection 3i,
To~mship 35 South, Range 40 East, St. Lucie County, Florida, and
being more particularly descri.bed as follows:
Comnence at the Northwest ~rner of said Section 31; thence,
n~ S. 89° 47' S1" E. along the north line of said Section
31 for a distarice of 2598.21 feet to the west right-of-way line
of Cana1 No. 99; thenoe, Mm S. 0° 14' 21"~W. alvng the w~est ~
right-of-way line of Canal No. 99 for a distanoe of 2,074.27
feet to the northwesterly rig~t~f-way line of Glades C~t-Off Road;
thence, r~ui S. 440 56' 07" W. along the northwesterly rig~t-of-way
line of Glades CLt-Off Road for a distance of 1789.04 feet to
the Point of Beginning of said p~cel of land; thence, oontinue
S. 440 56' 07" W. along the north~aesterly ri,ght-of-~aay line of _
Glades C~t-Off Road for a distance of 400.00 feet; thence, nm
N. 45~ 03' S3" W. for a dista~ce of 386.18 feet; thence,
r;u~ N. 37° 46' S7" E. for a distance of 81.07 feet t~ a.point
: of cin~vature of a curv~e to ~e right; thenoe, continue along the
arc of said curv~e having for its elements a radius of 478.34
feet and a centn3l angle of 09' 10" for a distance of 59.72
feet to the point of tangency; thence, r~ui N. 440 56' 0?" E. -
for a distance of 260.00_feet; thence, run S. 45~ 03' 53" E.
for a distanoe of 400.00 feet to the Point of Beginning;
oontaining 3.65 a~cres, more. or less.
Subject to all existing dedications and easements of reoord.
AND Grantor does hereby w~rant the title to said land and will defend
I same against the la~aful clauns of all persons claaming by, throug~ or tmder
I said Grantor, its successors and assigns, and not otherwise.
Subj ect to the covenants , restrictions and agr~eerc~nts as follaws :
Gr+ar?tee agY~ees, for itself and its sucoessors and assigns, unto and with
Grantor, its suecessors and assigns, as a covenant running with the land and as
~ a gart of the oonsideration for this oonveyance, said oovenant being evidenced
by the acceptance and recordation of this deed by G~rantee, fihat said premises
hereby conveyed will be utilized for ar~ in oonnection with the oonstruction
thereupon of a substantial warehouse building or structure having a~ea of not
less than Thirty Thousand (30,000) square feet, for use or to be used for the
oonduct of (~antee's business of warehousing and distribution of alooholic
beverages, and that upon failure of (~antee, its sucoessors and assigns, to
; oonstruct or cause to be o~nstz~cted upon said premises such warehouse building
~ or stYVCtw~e as aforesaid a~d thereafter to use said premi.ses for t2~e pu~ose
` aforesaid within -tw~enty-four ( 24 ) aarrths next ensuing from and after the date
f of this conveyanoe, the C~antor shall hav~e and hereby reserves the right to
~ reptnrhase said land a~d property at and for the pr~ice of $44 ~~1'8 .00, said
~ right of repurchase being hereby reserv~ed ~d to continue for one (1) year after
the expiration of said fiwenty-four (24)~ rmnth period; C~antee hereby covenaa~ting
for itself and its successors and assigns, that it wili, upon the accrual of
said right of repiu~ctiase, and upon beir~g notified in writing of the election of
~ usE oNir ~ . p~'r.3j' o~~~'tr~/- ~
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' ~ooK~44 PACE ~003
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