HomeMy WebLinkAbout0500 SPECIAL WARRANTY DEED 4:1919 ~
THIS INDENTURE, made the ,day of September, A. D., 1979, by FLORIDA
EAST COAST RAILWAY COMPANY, a Florida corporation, with its principal office and
place of business in St. Augustine, St. Johns County, Florida, and its Post Office
address being P. 0. Drawer 1048, St. Augustine, Florida, 32084, hereinafter called
"Grantor" to ROBERT W. FISHER, JR., an Individual, whose post office address is ~0`~~
P. 0. Box 1658, Vero Beach, Florida 32960, hereinafter called "Grantee",
WITNESSETH:
That Grantor, for and in consideration of the sum of Ten Dollars ($10.00)
to it in hand paid by said Grantee, the receipt whereof is hereby acknowledged, has
granted, bargained and sold to Grantee, his heirs and assigns,forever, the following
described land in St. Lucie County,. Florida, to-wit:
A parcel of land lying in the Southwest one-quarter of Section 3i, Township
35 South, Range 40 East, St. Lucie County, Florida, and being more particularly
described as follows:
ommence at the Northwest corner of said Section 31; thence
run S. 89° 47' S1" E. along the north line of said Section 3~, for a
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distance of 2,598.21 feet to the west right-of-way line of Canal
~ No. 99; thence run S. 0° 14' 21" W. along the west right-of-way T1
o line of .Canal No. 99, fora distance of 2,074.27 feet to the err
v northwesterly right-of-way line of Glades Cut-Off Road; thence r
run S. 440 56' 07" W. along the northwesterly right-of-way l ine - .
of Glades Cut-Off Road fora distance of 2,189.04 feet to the
Point of Beginning of said parcel of land; thence, continue S. 44° _ W'-
•1 _
56' 07" W. along the northwesterly right-of-way line of Glades y ~ : -.T
` ~ Cut-Off Road for a distance of 400.00 feet; thence, run N. 450 ~
03' 53" W, for a distance of 386,18 feet; thence, run N. 370 46' ~;E-
57" E. for a distance of 81.07 feet to a point of curvature of a _ .~i
curve to the right; thence, continue along the arc of said curve d~
having for its elements a radius of 478.34 feet and a central 'f'_~:~.
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angle of 7° 09' 10" for a distance of 59.72 feet to the point
of tangency; thence run N. 44° 56' 07" E. fora distance of 260.00
feet; thence run S. 450 03' 53" E. for a distance of 400.00 feet
to the Point of Beginning.
Containing 3.65 acres, more or less.
Subject to all existing dedications and easements of record.
AND Grantor does hereby warrant the title to said land and will defend same -
against the lawful claims of all persons claiming by, through or under said Grantor,
its successors and assigns, and not otherwise.
Subject to the covenants, restrictions and agreements as follows:
Grantee agrees, for himself and his heirs and assigns, unto and with Grantor,
its successors and assigns, as a covenant running with the land and as a part of the
consideration for this conveyance, said covenant being evidenced by the acceptance
and recordation of this deed by Grantee, that said premises hereby conveyed will be
utilized for and in connection with the construction thereupon of a substantial
warehouse building or structure having an area of not less than Fifteen Thousand
(15,000) square feet, for use or to be used for the conduct of Grantee's business
of warehousing and distribution of alcoholic beverages, and that upon failure of
Grantee, his heirs and assigns, to construct or cause to be constructed upon said
premises such warehouse building or structure as aforesaid and thereafter to use
said premises for the purpose aforesaid within eighteen (18) months next ensuing
from and after the date of this conveyance, the Grantor shall have and hereby reserves Y
the right to repurchase said land and property at and for the price of $51,100.00,
said right of repurchase being hereby reserved and to continue for-twelve (72)
months after the expiration of said eighteen (18) month period; Grantee hereby
covenanting for himself and his heirs and assigns, that he will, upon the accrual
of said right of repurchase, and upon being notified in writing of the election
of Grantor to exercise the same, promptly make or cause to be made said reconveyance
to Grantor, or its nominee, in accordance with the terms hereof, by good and
sufficient deed conveying the full title to said property, free of liens and encum-
brances, and with special warranty of title.
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