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HomeMy WebLinkAbout1716 456858 ~ 1g ~ Y. • IN THE CIRCUIT COURT OF THE NINETEENTH JUDICIAL CIRCUIT IN AND FOR ST. LUCIE COUNTY, STATE OF FLORIDA. CASE NO. 77-333-CA DORINA TANNER, et al, ) Plaintiffs, ) vs. ) SETTLEMENT STIPULATION AND AGREEMENT RALPH CHAMBERS, et al, ) Defendants. ) WHEREAS, an action has been commenced as above- entitled for declaratory judgment and other relief; and vJHEREAS, the parties have agreed upon terms of settlement of such action and their respective rights in the - -property -which- is-the---subject--af-this-action;--and_ WHEREAS, the parties have agreed upon the terms and conditions of dismissal of said action and the counterclaim with prejudice, NOW, THEREFORE, it is agreed by and between the parties as follows: 1. It is agreed that Plaintiff, PORT ST. LUCIE SHOPPING CENTER, INC., shall purchase the entire interest of Defendant, RALPH CHAMBERS, in the premises which are the subject of this action together with all of his interest in PORT ST. LUCIE SHOPPING CENTER, INC., in accordance with the Deposit Receipt and Contract for Sale and Purchase marked Exhibit A attached hereto and made a part hereof. 2. That further Plaintiff agrees to lease Store N of said premises to the said RALPH CHAMBERS for a period of one ~ (1) year from March 1, 1978 (the date of closing) rent free.. 3. Defendant, RALPH CHAMBERS, agrees to pay to v Plaintiff, PORT ST. LUCIE SHOPPING CENTER, INC. the sum of $ upon the signing of the Stipulation in full pay- ment of all proportionate maintenance and common area charges and ti'ILtANbSNEAR P_ A. roa~rsAt ~Aw :?u COMEEIICIAI fT. . .>C M BEACH. EIORIDA D~7 g~315 P~E1713 .