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~ 1800 K'l:sT NI:.LSiS~R() tILVD.
. SUITE 211
[~FEfiF1ELO OI:AC~i. FI.ORIDA 5~4~1
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~~rratttp ~~eb TO TRUSTEE UNdER LANO TRUST AGREEIv1ENT, , Y~US7 No._~7_LT50-
i194
~big ~n~cnturc ~Ittit~~tt~. Thzt the Grsntor JACK SALT2MAN~JALKSOI~I EDWARDS and EUGENE
STARK, as ~enants in common of the County of -~S3S~E'- - and '
State of Florida for and in oonsidaation o( the sum at Ten Oollars and other good snd valuable coniidera~ions in hand
paid, receipt ot which is hereby acknowtt~dged, he~eby grants, conveys and warronts unto CENTRAI BANK ANO TRUST COMPANY of Miami, Flor ida, ~,I
~ a banking co~poration organi:ed urxier the taws of the State ot Florida, 1313 N.Y1. 36th Street, Miami, Florida 33142, and duly authori:ed to accept ~ I
and exeaite trusts within the State ot Flprida, as Trustee undsr the p~ovisions ot a certa~n Trust Ag~eement, datsd th~ 4th day ot
April ~~9 , and known as Trust Number 77LT 60-1194 , the lollowing desaibed real estate in the Counry
ot St. Lucie and Stateof Florida, [o•wit:
. South 100 teet ~f Lot 11, J. I. KELLEM'S SUBDIVISION; of the Northwest
Quarter of Section 34, Township 35 South, Range 90 East, a Subdivision ~
according to the Plat thereof, recorded in Plat Book 3, Page 85, 4f the
Public Records ot St. Lucie Couilty, Florida; and
The North 130 feet of Lot 12 of J. I. KELLEM'S SUBDIVISION, accordi.ng to
the Plat thereof, recorded i~n Plat Book 3, Page 85, of th~~.: Public Records
of St. ~.:cie County, Florida,
The above property is not the homestead or place of residence of the .
grantors herein..
No consideration is given for this Deed. ~ i
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TO HAVE AND TO HOID the said real estate in tee simple with the appurtenancss upon the trsst and tor the purpos~s her~in and in said Trust
Agreement and Dectaration of Trust set fwth. ~
Full power and authority is he{eby grentsd to said Trustee or its successors tc improve, to protect, conserve and to se11, to subdivide said real
estate or any part thereof, to dedicste perks, streets, hghways or alteys and to vacate any wbdivision or pact ther~of and to r~subdivide said real estate - ~
as often as desired, to contract to sell, to grant options to purchase, to sell on any terms, to convey eitha with w without cons'~daratan, to convey said ~
real astate or any part thereof to a wcr,~or or wccessxs in trust and to grant to such successer ur wccessc~rs in trust aU of ths title, estate, powe?s and {
authoriti2s vtsted in said Trustee, to dQnate, to dedicate, to mortgage, pladge or otherwise encumber said real esqts or any pxt thereof, to lease said ~
reat astate or any part thereof, irom 'time fo time, in possession or reversion, by leases to commence in praesenti cx in futuro, and upon any terms and ~
for any period or periods of time not exceeding in the case of any single demisa the term oi 99 years, and to renew or extend Issses and to amend, ~
change or modity leases and the terrrit ~hd ~ov }hueof, to oontract to make I~asts snd to grant options to lease and options to renew leases and •
options to purch~se the whole or any part of the
~~s+an and to contract respecting the manndr of fixing the amount of present or future rentals, to !
partition or exchanpe saed real estate or any part thereof for other rwl or prxsonsl prop~rty, to g+ant eassmsnts or chsrgss of any kind, to ~elease, con- ?
vey or assign any ~:ght, title or interest in or about said real estate or any part thereof, and to deel with saili ceal estate and every Part thtreoi in all other -
ways and for such otF,er rnnsiderati~ns as it would be ~awful for any person owning the ssme to daat with the same, whethtr sirnilar to or diHerent (rom
the ways above specified, at any time or times hxeafter, ar~ otherwise t~ manape ar?d disposs of said property. ~
In rto case shall any pariy dealing with said Trustee in relatinn to said real estate or to wfiom said rsal as[ate a any part tFiereof shall be corney- ~
ed, oontracted to be sold, leassd or mortgaged by uid Trustee, be obligcd to see to the application o( any purchase money, rent, o~ money borrowrd or
advanud on said pramises, or be obliged to see that the terms o( this trust have been cramptied with, or ba nbii~ed to inquira into the necrssity or ex-
pediency of any act of said Trustes, or be obliged or privileged to inGuire in[o any of the =erms of said Trust AgrMm~nt w Declaration of Trust; a~d
every deed, trust deed, rrartgage, lease or oth~r instrument executed by said T~ustee in relatan to said real estate sha11 be conclusrve evidrnce in tavor
of every pason relying upon or ciaiming under any wch conveyance, taase or olher instrument (a) that st ths tim~ oi the dNivery thereoi the trust
. created by this Indenture -nd by said Trust Agreement ano Declara~ion of Trust was in tull force and effecT, (b) that wch convtyana or other instru-
ment was executed in accordance with the trusts, conditions and limitations aontained in this I~~oertture and in said Trust Agreement and Declaration
- of Trust and is bir.ding upon atl beneficiaries ehereundcr, (c) that said Trustee was duly suchorized and. empowesed to ezecute and deliver eve.y wch
deed, trust deed, tease, mortgage or other instrument and (d) it the conveyance is made to a wccessor or succeswrs in trust, that such wccessor or suc-
cessors in-trust havs been properly appointed and fully vested with all the title, es[ate, rights, powers, duties and obligaYans of the said predecessor in
- ~ trust. ~
Any aontract, obligation or indebtedness incurred or entered ir.to by the Trustee i~ cannection with said resl estate may be eniered into by it
in the name of the then beneficiaries under said Trust Agreement and Dectaration of Trust, as the'u attorney in fact, hereby irrevocably appointed for
= wch purpose, or, as the election of said Trustee, i.~ its own name as Trustee of an express trust and not indrcidustly aqd~the Trustee sha!1 have ne obli-
gation whatsosvx with ~espect to any wch contract, obtigation or irtde5tedness except only so far as ihe trust properry and tunds in the actual posses-
sion of the Trustse sha!1 be applicaWe for the payment and discharge !hereof; and it ~hail br expressly understcod that any rapresentations, warranties, . _
covenants,_undertakings and agreement; hereinafter made on the part oi the T:ustee, while in fcrm purportirg to be the representstions, warrantiFS,
~ oovenants, undertakings and agreements of sa~d Trustee, are navertheless msde and ~ntended not ss perwr?a1 representations, v~arrantia, rnvenants, ur~-
d~rtakings an~ agrtements by the 7r~stee or for the purpose or with the iritention of binding ssid Trustet pKSOnally, but ar~ made and ~ntended for
` the purpose of binding only the trust property specificaliy described herein; and that no pstsonal liebitity o~ personsl rasponsibility is aswmed by nor
shall at any time be asserted or entorcible against che Central Bank and Trust Company on account oi sny insuurtxnt executed by or on account ~f any
re,~resentation, warranty, oovenant, undartaking or agreement of the said Trustee, either expraued or impli~d, all wch porsonal liability, if any, beir~ ~
- ~ expressly nraived and rel~sed; and all per~ons and corporations whomsoever and whatsoever shsll ba charg~d with notice of this oondition from the date
of the filirg Ior reoord of this Osed.
The interest of esch and every beneficiary hereunder and under the Trust Ayreement and Declaration of Trust hereinbefore referred to and of
all ptrsons claiming under them or any of th~!m shall be only in the earnings, avails and p:ocseds arising f~om the sale or other disposition of saiti real
estate, and wch interest is hereby declaresl to be personal property, xnd no beneficiary hereundar shall have any title or interef*., legal or equiwbte, in _
or to said rea! estate as wch but only an interest in the arnings, avaits and procr~ds the?~o~ ss aforessid. .
Form TR 713 . ~r
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