HomeMy WebLinkAbout1020 SETTLEMENT STIPULATION
AND
AGREEMENT FOR ANQ GRANT OF
EASEMENTS AND. OTf1ER RIGIiTS
EXHIBIT D
FUTURE DEVELOPMENT PROPERTY
Comaaencing at the Northwest corner of the F1st 1/2 oE the Southeast 1/4 of
Section 27, Township 35 South, Range 40 EaSt, St. I.ucie County, Florida,
run on an assumed bearing of S 89°1S'S6" E along the North line of the said
East 1/2 of the Southeast 1/4, a distance of 130.00 ft. to a point on the F.ast
line of a 130 ft. Co~inty road and drainage easement; Thence run S 02°04'47"
West along said East line.1Q91.41 feet to tl~e point oE Ueginning; thence
run S 89°15'S6" E 150.05 feet; thence N 02°04'47" E 25.00 ft.; thence S 89°15'S6"
Esst 720.00 ft.; thence N 60°44'04" East 322.95 feet; thence S 33°34'33" East
176.00 ft.; thence S 89°15'S6" East 530.78 feet; thence N 56°25'27" East 242.61
feet; ttzence S 33°34'33" East 1303.74 feet; thence S 00°04'00" West 174.81 feet;
thence run N 89°15'S6" {J~st 2741.03 feet to a point on the East line ~f the 130 ft.
County road and drainage easement; tl~ence run N 02°04'47" East_along said East line
1074.1S ft. to the Point of Beginning. Said property lying and being situate in
St. Lucie County, Florida. .
LESS AZID EXCEPT that portion of the afore-described real ~roperty (the portion
of the afore-described real property now about to be excluded from the "Future
Deve~opment Property being hereinafter referred to as the "Excluded Property")
which lies in Section,26, Township 35 South, Range 40 East to the East of the
centerline of the following described parcel, to wit:
The East 200.00 feet of the West 1320 feet of the Southwest 1/4 of the
Southwest 1/4 of Section 26, Township 35 South, Range 40 East, said
property lying and being situate in St. Lucie County, Florida.
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i NOTE: High Point Equities, Inc., or its successors or assigns, shall have
the right to designate all or such portions of the Excluded Property.
~ as High Point Equities, Inc., or its successors or assigns, shall
~ ~ determine as a part of the "Future Development Property". Such a
designation(s) shall take place by an instrument(s) (the "Designation
Notice(s)") being filed amongst the Public Records of St. Lucie
County, Florida, designating all or a portion of the Excluded Property
as a part of the "Future Development Property". Such Designation
~ Notices must be executed by High Point Equities, Inc., or its succes-
sors or assigns and by the then (at the time the Designation Notice in -
_ question is executed and recorded) record title holder of that portion
~ of the Excluded Property thereby being designated "Future Development
~ Property". At such time as all or any portion of the Excluded Property
is designated "Future Development Property" under a Designation
~ Notice filed amongst the Public Records of St. Lucie County, Florida,
such property so designated shall be deemed a part of the "Future
~ Development Property" under the instrument to which this Exhibit ~is
attached and shall thereafter be subject to the burdens and entitled
~ to the benefits of the Future Development Property under~the said .
instrument to which this Exhibit is attached.
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