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HomeMy WebLinkAbout2969 ~ s . ~ Si ~ . ~ 4'71054 • 30~-79 ` • WARRANTY DEED TO TRUSTEE UNDER LAND TRUST AGREEMENT THIS IrIDENTUftE WIT~SSETH, That the Grantor - MI(~~ B. KAI~, III, EiI~~ID M. RADKE a/k/a ID RAC, individually and as Trtastee, and W. B. R06SiAW of the County of St .Lucie and State of ~0~~ for and in o consideration of t e sum o Ten Do ors and other good an va ua a consi erations in hand paid, receipt of which is aclutowledged, grants, conveys and warrants unto .TOf~1 H. as Trustee ruder the provisions of a certain Trust Agreanent, dated the 29th day of Navenber, 1979, and laxx~m as Trust N~aber 200, whose address is P. 0. Box 100, Vero Beach, Florida 32960, i i the following-described real estate in the County of St. Lucie and State of Florida, to-wit: SEE ATTACtTm SHEET IDR ILL DES(~''rICN ` This Deed is subject to mortgage to First Federal Savings and Doan Association recorded in Official Record Book 219, page 1973. Upon recording of this Deed, Grantee agrees to assume the above mortgage and covenants that he will hold the Grantors harmless from airy and all further liability thereunder. Grantors state that the above-described property is not their homestead and that • they do rot reside on property which is adjacent nor contiguous thereto. TO NAVE AND 'PO HOLD the above-described real estate in fee simple with the appurtenances upon the Trust and for the purposes set forth in this Deed and in the j Trust Agreement and Declaration of Trust. ( ~ Full power and authority is hereby granted to said Trustee or its successors to improve, to protect, conserve and to sell, to subdivide said real estate or any part thereof, to dedicate parks, streets, highways or alleys and to vacate any subdivision or part thereof and to resubdivide said real estate as often as desired, to contract to sell, to grant options to purchase, to sell on any terms, to convey either with or without con- ` sideration, to convey said real estate or any part thereof to a successor or successors in trust and to grant to such successors or successors in trust ail of the title, estate, powers and authorities vested in said Trustee, to donate, to dedicate, to mortgage, pledge , or otherwise encumber said real estate or any part thereof, to lease said real estate or any part thereof, from time to time, in possession or reversion, by leases to co~mience in praesenti or in futuro, and upon any terms and for any period or periods of time not ex- ceeding in the case of any single demise the term of 99 years, and to renew or extend m leases and to amend, change or modify leases and the terms and provisions thereof, to con- . tract to make leases and to grant options to lease and options to renew leases and options to purchase the whole or any part of the reversion and to contract respecting the manner of fixing the amount of present or future rentals, to partition or exchange said real estate or any part thereof for other real or personal property, to grant easements or charges of any kind, to release, convey or assign any right, title or interest in or about said real estate or any part thereof, and to deal with said real estate and every part thereof i*? all other ways and for such other considerations as it would be lawful for any person owning the same to deal with the same, whether similar to or different from the ways above speci- fied, at any time or'times hereafter, and otherwise to manage and dispose of said property. In no case shall any party dealing with the Trustee in relation to the real estate 1 or to whom the real estate or any part of it shall be conveyed, contracted to be sold, leased or rtnrtgaged by Trustee, be obliged to see to the application of any purchase rroney, rent or money borrowed or advanced on the premises, or be obliged to see that the terms of this Trust have been complied with, or be obliged to inquire into the necessity or expediency of any act of the Trustee, or be obliged or privileged to inquire into any of the terms of the Trust Agreement or Declaration of Trust; and ' every deed, trust deed, irnrtgage, lease or other instrurent executed by Trustee in BO~K322 PaGE~~~