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- AM~N DE D
CANCEI,LATION OF ~ .
AGREEMENT NOT TO ENCUMBER
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TH:CS CANCELLATION_OF AGREEMENT NOT TO ENCUyBER executed the
~ data bolow re~erznced, by and betv~een JEROME J. RUTHER, BASII, C: ELIAS
and W. JASON MITANi Snc3ividually, and as all ~urviving Board of
_ Trustees ~f HOLLYWOOU DEVELOPMENT C~N~ANY, a dissolved Florida cor-
- poration, ~nd as all general partners of. HOLLYWOOD AEVELQPKENT COMPANY,
__a. F1.orida general partnership, hereaLter referred to as FTRS~ PARTY;
- _ anc~ NORTI~ T12AIL GOLF CLUB, INC. a Florida co~poration, SECOND PARTY; _
W I T N E S S~ T K:
~For valu~ received, the first party c~oes hereby grant, ~ -
' transfer, convey_and cancel all. right, title and intexest in and ta'.
that certai~n Agreement~Not To Encumbsr r~ferred to by refsrence in
_ that cer~ain copy of_Agreement Not.Ta ~n~wnber recorded in the public
_ _ ;
- - records of St. Lucie County, Florida, in O.R. Boak 2Q9, page 567, ~
which agreement 5erein~cancelled cov~-rs the follo~ing described prop-
~ _erty in St. Lucie County, Florida, to-wit: _ .
~ PARCEL 1: ~ From the Southeast corner of the West _1/2~-of ~
the Noxthwest 1/9 of Section 7, Township 34 South, Range 40 East,
~ run Nor~h=00°34' East 545.y1~ feet to the Point of-Beginning; thence
continue North 00°34' East 400 feet; thence North.89°26' W~st 1152.2~.
feetJ thenee South 31°(36'10"~East-327.84 feet;~thence South 59"16'30"
West 387.0 feet; thence South 44°13'30" East 207.24.-feet; thence =
South 47°18!50"-West 1~8.35 feet; thence South 47°2Q'S0" West
870.19 feet;-thence South 27°38'50" West 285.16~feet; thence Sout~, ~
59°44'24" West 392.67 feet; tinence South 4fi°17'S0" West 31n.0 feet; i
- thence South 28°21r50" West 280.05 feet; thence South 42°50'10" :
- East 230.48_feet; thence North 69°00'10" East 703.76 fee4; thence ~
- - NortYi"24°41'10" East 693.3 feet; thence North-61°52'10" East 543.51 ;
- feet; thence Sou~h 77°07'20" Fast 148,5~ feet; thence South 07°54'20"i
East 366.18.feet; the:~ce Sou~cn 49°59'10" West 175.8 feet; thenc~ .
- South 14°50'30" tti'est 857.15 feet; thenre south 00°2~'30" Wes~ ~
~ 1289.15 feet~ therice North 88°2~'10" West 674.85 feet, thsnce South_ ~
O1°~.2`10" West 408.74 feet; thenc~ North,89°26'50" East 663.16 feet; '
the;~cz South 84°28`50" East 308,22 feet;-thence South 89°26'30" ~
East 37.9.17 feet; thence North 08°31'SO" West 449.44 feet; thence £
vorth 13°4~'S0" West 350.27 fee~; th~nce North 2~°11'S0" EAs~t ~
460.23 feet.; thence North ?1°22'30" East 432.61 feet; thence North. ~
08°56'30" West 623.82 feet; thence North-07°05'30" East ~88.68 feet; ~
_thence-tlorth 02°lI'50" East 725.28 feet; thence North 13°13'30" ~
- West 175.4 feet; thence Horth 22°12'30" West ~65.75 feet; tr.ence
. Sou~h 84°26'00"-East 747.24 f~et to t.he Poin~ of Beginningo The
~ Pa~cel 1 contair,ing 86 .~2 acr~s. v ~~07- `.2~ 0003 - 000~.,2~
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