HomeMy WebLinkAbout0486 - - - - - - s• /1 C'97
F~~.:~.~ •.~s MUTUAL CANCELLATION AGREEMENT
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This As~e~meat. snt~ccd i:?to thi~ dar of _~G`"tu < 4 i~• . l9 . br aed bstwesn -~~i
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a Delaware corporation~. havir~_ succeeded_.Phillips. ~{a~c'k@'t.~,T~B -P~c~4D~.x'~~.~.~}_.Tn~.---~~_Ie.3~Qr;_.mc
by operation of iiarranty Deed dated October 1~ 1964 and recorded at O.R, k 106 e 7
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c;f the St. Iucie Cou~y Public Records~ and
PHILLiPS PETROLEUM COMPANY, a Delaware cor{w~ation having an ope~+tin~ oE~ice in Bactlnrille. Oklahoma, a
Leasie: Witnes~~th: -
In cunsideratioo of ~he mutual celeaae by each party of the obligations imposcd upo~ the other, and of other good and
valuable coiuiderations. the rsceipc and ~uEficiency of which ere hereby scknorledged, ~ach of the pwaia hcreto aarses thac
$t101'f. FOY"QI
that cerwin ~Q I.ease dated ..._.SBpfi~~r.. l.Q*..Ig~~ . and recorded in Volum~.--~ Pap._._~.4-- • ~
t
. --------COYl1ty. .Stat! OE
or a~~. - Public---_._ ~ mo~a. ot. _.~•_..I~cie--- ~ - -
F101'~$____. , co~ering the foltowing descnbed premisa in wid county ted sate. to-~rit: ~
PAIi~EL 1: Beginning at the point of irYtersection of the North line of the SN 1~4 ~
of the Si~i 1~4 of the Sii 1~1~ of Section 21~~ ~+oMmship 35 south, Re~nee 39 Bast,
St. Uxcie County~ F'l,orida~ arid the Sast rig~t-of-wa~y line of Bings Highxay~ said
point be~ng 651.1 feet North of the South line of said Section ?1;~ aryd 50 feet
Sast of the cerrterlins of pavement of Kings Highway; run thence North 00° 08' 33"
i?Iest~ along the I~st rig~t-of-r~ta~r line of Kings High~y~ 2108.73 feet; thence
South g9° u~ 35" P~'~el to the North Line of the -SW 1,~4 of the SW 1~4 of
the Sfii 1~4 of Section 21~~ To?mship 35 South~ Range 39 Sast~ 183.?3 feet; thence
South 00° Og• 33" p~'~el to the East right-of-way line of 1Cirigs HighWay~
216018 feet; thence South 81° 36~ 5?M i~lest~ along the Northerly right~f-waar line of
State Rr~ad ~0 (Okeechobee R~ad)~ 160.21 feet to the beginning of a curve; thence .
on a curve concave to the Northeast~ with a radius of 22 fee~t~ 37.72 feet to the end s
of curve; thence North 00° 08• 33" Tiiest~ 11.b3 fee~t to the Peint of Beginning~ ~id
tract being in Section 21~.~ 1'o~nnship 35 south, Ftange 39 East, St. Iucie Co~ty~
F7.ori.da~ and containing 0.97 acres~ excepting therefrom the North 50 feet thereof.
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~ and that certain Lease Agreement of the same date rcferred to in said S8 Lease, betreen the partia hereto, are heceby
cancdled effective the.----- - ._.day of_-- - 19.~~-----
It is agrecd that any and all righu, obligations, claims and dueies arising out of the e:iumce or performance of raid
agreemmu are hertby tcrminated, cancdled, liyuidated, and rdeased as of wid date. "
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IN WI'TNES,S WHEREOF, t6e parties have sa their hands and affi:cd their seals i6e day and year firu above ~vritten. ~
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~ . - Asst. Secretary Vic Presiden~~ L~R / _
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~ M~~; ~ ~ PHIL[.iPS PFTRdLE COMPANY
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~ 1'repared by: . ~ - F LFSSEE ~ 1~ -
~ ~r~alph W. Shelburne IComDl~u u4nowkd~a~eut [oras w rer~w ~id~) t
P'h2111p8 P~.I~Ol@l]tA CO[1~~~ , ' f ~n~
P.o. Box 4~33 ~vcw _
Atlanta~ GA 30302 •