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LAItiU TRU5T AGRk~EMENT
1'ti I3 A G R E E A3 E N T , dated this. tat d:y? o! I?ia,2r, 1967, is to certt~ -
thst ~tG.~r?ALD liGic~E, ~t i~idividuo.3ly, 'hut Tr~_st~~ hereunder, hays taken . • ~
title and possession to the tolla~wiaq described rest propera? situate is St. Lucie '
_ .~il~~.?.~ Ir ~1~a~ w~.~n~A 't3~~ ~8~ Deed. dLlted ~1'C21 ~ i~!
~,OUwij, 1• aNi suo, w+?~.~.wca~.~ :.:::::..c . ~ - . •
recorded in O. R. Book Ia3, Page 1977, of the Public Records of St. Lucie Courdjr,
Florida, to-a?it; ~ .
The South 780 feet of the North 1040 feet of the following: .
~ Government Lot Z and the NW 1 j4 of the SW 1 j4 of SectioA 14j
• - Also, ~ -
The South ?80 feet of the North 2040 feet of the tolloWings
T'he NE i ~4 of the 3E 1 /4 sad Government Lot S is Section "
15, all being in Tvcwnahlp s4 South, Range 4t! East, together .
with riparian aAd littoral rights appurtenant thereto, but -
eacepting tlserefrom ell rights of ~vay for pubLtc roads. - -
sad that he will hold the same, as Trustee, for the asee and purposes acd upon
the trnsta hereinafter set forth. "
1T lS UNDEftST40D AND AGREED betveeeathe parties hereto. -
and by amt person or persons who fray become entitled to amt :aterest unr_*.~r th{9
Trust, c$ follows: -
That, s:ubjeet to the power of ~vrittea direction or directions herein- .
aft.#r provided tor, the Trustee hereunder shall have and is hereby greeted fall
pov~er and authority to possess, improve, manage, protect sad subdi~•ide 8ai~
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prernisea or ~ part thereof, and to re-subdivide the same, to contract t o sell, to
grant optloas to purchase, to sell on air terms, to trhe back, foreclose and rrlease
mortga es, to convey either with or without consideratioact„ to donate, dedicate,
~.ortgage, plet+ge or otherwise encumber said property, or say pert thEr ~f, irorn
tune to tiir~, to lease said property, or any part thereof, is po:,:.es;fon or
reversion, by leases to co:nmcn~ce-in F•raeaer
:i or in ~.:4nrP, ::d on zny tzr m$ Azd
for ~:~y gcriod or periods of 2lme, not exceeding is t:~e cave of . ry single :Fc.,rt se the
term of DS years, and to rer~rar or extend leases upon any teru:s ^nd for . ny period
or periods of time and to amend, change or znodif~ le. ses and the term4 and
prcivisions thereot at arm time or times hereafter; to contract to c:iuke Ieas~s and to -
~,tt options to Ieaae and oNtiens to renew Ica~ses and optioii$ to purc:ha:,e the ~chole
ur any port of the reversion and to co~itr:~ct recl;ecting `mac tnae.ner of fixir:g the
~^-,rnl~~t of prt„e~a ar,d future renta3s; to exc,i~r:;;e s~~fd property er .~t~? part t?a~rrof,
a~~c'3 ?a~E1814
EXHIBIT "A"