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(5) Grantc~e shUll commence construction within Cwelve (12)
months from the date of Clasing. In the ev~nt construction is not
cor.uneclced within said p~riod, Grantee shall reconvey the property Co
Grantc~r pursuanL to Paragraph 16 of the Purchase Agreement between
Grantor and GranCee. Grantor shall be entitled to a~.i other
remedies provided in said Agreement.
TOGETHER with all the tenements, hereditaments ar.d
appurtenances ther~to belonging or in anywi~e appertain.ing.
'PO HAVE IWU TO fiOLD, the same in fee simple forever,
AND the Grantor htreby covenants with said Gran~ee *hat the
Grantor has good right and lawful authority to sell and cor~vey said
land, and hereby warrants the title to saic3 land and will defend the
same against the lawf~ul cla~ms of all persons claiming by, through
or under the said Grantor.
IN WITNESS WfiERE:OF, GranCOr has caused this General Warranty
Deed to be executed by Lhe undersi.gned duly authorized corporate
officers the day a:~d year first above written.
GRA.~TUk : THOS . J Y~R'11T~ ~VE:LOPMENT ~
CORPO ~ C~I+I~-_;~~ Fl~brida
co~ ratipr. ;
~ '
_ ~
~ Y ( ' t - - - _ _ ~
JAMES P. BkOWN ~
Presid~t
, /
(c.o~p~rate ~ea~ ; Atfest: ; , ~ % ~
~ ~ R~BERT L . FROMi~i
' Asst. Secretary
Signed, sea~ed and deiivF.~e~
i^ our presence:
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~ ~ ~ ) ~:.~_-~~i J._.;_
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~ STA`I'E Of~ FLORIDA
~ CUUNTY Of' ST . LUC I E -
~
8~:~'OR~ tf~-'. pers~r:a~~y appeared JAMLS P. BROV~M and ROBERT L.
FROMM, tc ~e well i:now~ and r:^o~~rn to .^,:e to be the individuals
, descri::,ed ir. and who executed the foregoirg inst.rument as President
and Assistant Secretary. respectively, of tre above-na:~~ed
? cerporation and ackr,owled~ed to ar.d befc~re me Lhat they executed
s~.:ch ~nstr~menC as Pres~cie^r and AssisLant Secretary of sai~
crrporaLion and t:,at the se~l affixed to tY;e foregoir.g insLrti~:ent is
4F~e corporate seal of t}:e corpo: ation and thar it was af f ir.ed to tY:e
`ore~oing ~nst:.ru:r:ent by d::e and rege:? ar corporate a~.thority, and
s~id _r.stru:-~er.t is ~~:e ~rce ac~~ a.*:d deed of said corporatio.^..
elI'::;~::,~ .,:y a.:._.~: .~c,a~ ~....~s 1~>~}~ day o~ Jun~~ 198~.
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