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CONTRACT FOR PURCHASE 4P REAL PROPERTY
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;p?- ~"7~. FRANK E, YANAROS~ JR. and MARIS C. YANAROS, hie wife; JOHN
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> c:: O. YANAROS and ANNA L. YANAROS, his wife; and NICHOLAS E. YANAROS
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: and CAROL YANAROS, his wife. hereinafter called the Sellers, and
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u~~~~' ~ ROBERT T, RYAN. as Trustee, hereinafter called the Buqer, herebp~
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W? ; agree that the Sellers shall se21 and the Buper shall buy the
~w fol2owing described property upon the terms and conditions a'
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a: ~ hereinafter set forth. ~
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1~ t ~ g.~ = 1. The legal description of the real estate located in St.
"~n'v;~~i~E ; Lucie County, Florida to-wit : ~
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The East 30 feet of the follawin~ described tract,
- ~ to-wit: Beginning at the Southeast corner of the
lllill!!!1~#,~Il! ~ Southwest quarter of Section 21, Township 34 South,
_ . Ran~e 40 East. thence run North 771.6 feet, thence
' run West 952,24 feet more or less to the Florida
t East Coast Railroad, thence run Southerly on the
o.: Florida East Coast Railroad 824,86 feet more or lesa
r~~ : to the Southern line of Section 21, thence run East -
o , on said section line to the point of beginning, this
~ land described in Deed Book 23, at Page 209, Deed
d ~ Book 50, at Page 153 and Deed Book 136 at Page 273. _
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p~.. 2. The purchase price ahall be Ten Dollars ($10.00) and
,o~her good and valuable consideration. The Sellers acknowledge
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g~:-;receipt of the Ten Dollars ($10.00). z-
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3. The Buper agrees the above described strip of property
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- ~ is to be used for the West one-half of a road right-of-way. The
CO~NT_
,'~'East one-half of the road right-of-way is to be provided by the
Buqer: In the event that a road, swales and crossroad drainage
~nd accepted b the Villa e of St. Lucie
is not constructed within three ~3) years o~ the date of this
Contract, the propertq shall revert to the Sellers or their heirs
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or assi s. their heirs and assigns, `
4. The Buyer agrees to provide the Sellers/with access to
the Indian River for single family home sit~ for the property
! immediately West of the road to be constructed and No~th of Milton
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E Road presently owned bq the Sellers consisting of approximately
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' eight (8) acres. Said access is part of a subdfvision which is
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' being developed by the Buyer. In the event the above described
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i property reverts to the Sellers or their heirs or assigns, the
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~ right of the Sellers to have access to the Indian River as
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~ p.rovided herein will revert to the Buyer or his heirs or assigns.
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,~~E~ 5. The Sellers agree to pay to the Buper fifty percent (507a)
%+s oE i nri~aE AvEM~E
`URTYiERCE.FLd1ipA of the cost of constructing the road, swales and crossroad drainage
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within the. above described road right-of-way accordin~ to the
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