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HomeMy WebLinkAbout0977 . ~8~12r~ ~ ~ ~ M-397A mab ~.(},`c.~ CONYEYANCE DE~D TO 7'RUSTE~ UNDER LANU TRUST AGREEMENT THIS lNDEN'TURE W1?'NESSETH, That ?he Grantor ~'H~T ~`~~`E ~ I of the County of S~• Lucie , and State of Florida , for and in consideration ~ of the sum of Ten Dnflars and other Rood and valuable considerations in hand naid, receipt of which is hP~Pby ackno~~~ledged, ; hareby conveys and warrants unto/~~Eqj..' 6t ~`Sl5 ~ ' as trustee under thc provisions of a ccrtain Trust Agrecment, dated the~day of ~~T+-~^~r , t9~86, ~ and known as Trust numbcr , whose address is • Florida, the following described real estate in the county of ~-u~ , and State of Florida, ~o•wit: Lots 1, 4, ~ arid 7, Block 2, MODEL LAt1D 0(at~ANY'S SUBDNlSION of Section 15, Z~cx~mship 36 South, Range 40 East, less the fnZlaaing described property: Start at ~he Intersection af the South line of Lot 1, Block 2, MQDEL L~1NU aC1MPANY'S SUBDZVISION of Section 15, T'~wnship 36 South, T~ange 40 East, as per pl.at therer~f on file in P1at Book 1, Paqe 41, of 5t. Lucie County, Florida, public reaords (Lot 1) and the V~esterly right of way of U.S. No.One,thence proceed Westerly along the South line oF Lots 1 and 4, a distance of 1,280 feet, thence proc~ed Northerly parallel to the Westerly right of way of U.S. No. One, 570.24 feet to the Southerl.y right of way of North St. Lucie River Drainage District Canal No. 23; thence proceed Easterly along the Southerly right of way of Canal No. 23 a distanoe of 1,28Q feet to the Westerly right of way of U.S. No. On~, thence proceecl ~ Southerly alang the Westerly right of Way ot U.S. No. One, a distance of 570.25 feet to the point oE beginning. The Grantor does not reside on the above property or any property contiguous thereto. He~~r-es~des ~~t Surfside , Fort Pierce, Florida 33450. The above property does not cons~it te' s'•hat~stead. f SUBJDCr to taxes accruirig subsequent to Decenber 31, 1985 arx~ restrictions and easemen~s of reoord. TO HAVE ANB TO I~OLD the aaid real estate with the appurtenances upon the trust and tor ihe uses and purposQS hercin • ; and in sald 'frust A~rgement and Declaration ot Trust set iorth. ~ Full po~er andfiauthdrity is hereby ~ranted tc+ said Trustee to fmprove, protect and su6divide said real estate or any part thereof, to dedIcate parks, streets. highways or alleys and to vacate any subdiv~sion or part thereof and to resubdivide said reat x estale as oflen as desired, to contract to sell, to grant options to purchase, to seil on any terms, to con~~ey eHhcr ~~~ith or without ~ consideration, to convey said real estate or any part thereof to a sucecssor ur succe~sor; in trust and to grnnt to such successor or ~ successoes in trust all oi the ti.le, estate, powers and authorlttes vested in said Trustec, to danate, to dedicate, to mortgage, pfedge 4 or otherwise encumber satd real estate or any part thereof, to lease said real estate ur :?ny part thcrcut, from time to time, in possession or ~etiersion, by leases to commence in praesenli or in futuro, and upon any ternis and for any period or periods of ' time not exceeding in the cese of any single demise the term ot 99 ycrrs, and to reneN~ or extend leases and to amend, changc ~ or modify leases and the terms and provlaions thereof, to contract to make leases and to granl options to lease and opttons to ~ renew leases and optiona to purchase the whola or any part of the reversion and to ronlract respecting the rnanner ot fixin~ the ~ amount of present or fuiure rentats,to pactltion or exchange sald real estate or any part thereof tor other rcat ur persnnal prup• erty, to 8rant easements or charges of any kind, to release, convey or assign any ri~ht, iitlc or interesl in ar abnut said real estate ~ ar any part thereot, and to deal with said real estate and every part thereot irt all oti~rr w•ays and for such other considerations = as tt K•ould t~e 1aw•!11 for any person owning the same to deal with the same, ~~~hethcr similar to or d~tfcrent trom the waps above 6 specified, at any time or ttmes hereatter. ~ In no case shajl any party dealing with said Trustee !n relatlon to sai~l real eslatc nr to whom said real estate or any part - thereof shatl be conveyed, contracted to be sold, leased or mortgaged by said Trustec, be ebliged to see to the application of any ` purchase money, rent, or money borrowed or advanced on said premises, or be obligcd to sec th~t the terms of this trust have ~ been complied with, or be obliged to inc~u[re Into the necesstly or expedicncy ot any act ot said Trustee, or be obliged or privileged to inquice Into any of the terms of said Trust Agreement or Declaration ot Trust; and evcry ~leed, lrust dced, morlgage, lease or ~ other instrvment executed by said Trustee in relation to said real estale shall bc conciusi~~e evidcnce in favor o[ every person rely ~ ing upon or claiming under any such conveyance, lease or other inslrument (a) tl~at at the time o[ the delivery ihereo[ the trust y; tr~ated by this Indenture and by said Trust Agreement and Declaration uf Trusl ~vas in full force and effect, (b) that such con- veyance or other instrumenk was executed fn accordance ~rrfth the trusts, conditions and li~nitalions cor?tained in this Indenture ~ and in satd Trust Agreement and Declaratlon of Trust and binding upon all beneticiaries lhcreundcr, (c) that said Trustee was 9; duly authorized and empo~vered to execate and deUver every such deed, trust decd, tease, mortgage or other instrument, and (d? ~ lf the conveyance is made to a auceessoc ar successora !n trust, that such successor or successors in trust have been properly ap- pointed and are fuily ves!ed w[th all the tttie, eatate, rlghts, powers, du1[es and ubligations ot the said predecessor In trust. ~ Any contract. obligatlon or iadebtedne~s lncucred or entered into by the Trustee in connection with said reat estate may be ~ entered into by it in tha rtame oi the then benef{ciarfes under safd Trust Agreement and Dec)aration of Tiust, as their attorney ~ fn fact, hereby Irrevocably ~ppoiated for such purpase, or, at theelection ot s~id T~ustce, in its own name as Trustee ot an express ~ trust and not indi~ldually and the Trustee shall have no obligation whatsuc~~er with respecl to any such contract, obligation or• indebtedness except only ao far as the trust property and funds-in the actual possession of the Trustee shall be applicable for the - conditi n iromithe datet t~the tilin~ for iecord oi his Deedtions whomsoever and «•hatsoever shall be charged N~ith notice ot this The lnterest of eaeh and eyery benefleliry hereunder and under the Z'rust Agreement and Declaration ot Trusl hereinbefore f reterred to and of s1t persons claiming under them or any of them shaU be only in the earnings, a~~ails and proceeds arising trom ~ the saie oY olher dis~siUon ot said real estate, and such interest is hereby declared to be personal property, and no beneficiary ; ~ llereunder shall have any title or interest, legal or equitable, in or to said real estate as such but only an interest in lhe earnings, 3 avsils-~nd proceeds thereof as atoresald. ~ And the Grantor iully warraqt s the title to sald real estpte and will deiend the same against the lava•[ul claims of all persons whomsbEVer. IN WITNESS ~Y}iEREOF th~ Grantor aforesaid ha_S.. hereunto set ~1?.~_ hand and seal this ~ day ~ ot .jS~~2f:ffi2~ . t.-----, 19 86r - Signed, Sealed and Delivered In our Presence: ~9~. PdfE~j.~~ ~ ' ` ~ (Seal) _ ~ J~ AT~ERT ME~E (Sea) ) (Seal) - g~~ 5!~ P~6E0 9 7 3 (Seal)