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HomeMy WebLinkAbout0915 ~i '721U41 This instrument prepared by: PETER L. BRETON, ESQUIRE 1111 So. Bayshore Drive Miami, Florida 33131 WARRANTY DEED THIS WARRANTY DEED Made and entered this 26th day of June 1985 , by GENERAL DEVELOPMENT CORPORATION, a corporation existing under the laws of Delaware, and having its principal place of business at 1111 South Bayshore Drive, Miami, Florida 33131, hereinafter called the Grantor, to THE CITY OF PORT ST. LUCIE, whose post office address is City Hall Plaza, Port St. Lucie, Florida 33452, hereinafter called the Grantee: (Wherever used herein the terms "grantor" and "grantee" include all the parties to this instrument and the heirs, legal representatives and assigns of inclividuals, and the successors and assigns of corporations. ) WITNESSETH: That the Grantor, for and in consideration of the sum of ~10.00 and other valuable considerations, receipt whereof is hereby acknowledged by these presents does grant, bargain, sell, alien, remise, release, convey and confirm unto the Grantee all that certai~ land situate in St. Lucie County, Florida, vis: Tracts G-1 thra~gh G-7 of PORT ST. LUCIE SECTION FIFTY TWO, according to the plat thereof, as recorded in Plat Book 22, Page 19 of the Public Records of St. Lucie County, Florida. Provided, however, and this conveyance is made subject to and upon an express condition that should the Grantee cease to use the foregoing property for drainage and public utility purposes, then, and in that event, the title to said prop~rty shall revert to and vest in the Grantor, its ~ j successors and assigns. E Reserving unto General Development Utilities, Inc., a Florida ~ corporation, its successors and assigns, an easement for the installation, operation and maintenance of a water well and such appurtenant pipes, ~lectrical connections, and driveway as are usua! and customary; provided that such well site shall not exceed 30 feet by 30 feet; and further provided that the wel) site and appurtenances shall not interfere with any existing improvements. Also reserving unto General Devetopment Utilities, Inc., its successors or assigns, the rights to alf subsurface water lying below 400 feet in depth . This Deed is executed subject #o taxes assessed for the year 1985 and all subsequent years and to conditions, easements, limitations and restrictions of record. T~~ETHER with alf the tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining. TO HAVE AND TO HOLD, THE SAME IN FEE SIMPLE FOREVER. AND the Grantor hereby covenants with said Grantee that it is lawfully seized of said land in fee simple; that it has good right and lawful authority to sell and convey said (and; that it hereby fully warrants the ~~'~474 915