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WARRANTY DEED.
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'l'HE VERO BEACH DEVELOPMENT COllp AllY
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McKCE-SEX!OB LMID COKPJlY
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THIS INDENTURE, made tbi8 7tb d", of Marob. A. D. 1926. between HI VImO BEACH DB1lU.-
OPKEK! COllPARY, a corporation exleting under tbe laws of tbe state of Oblo, baTing its prin-
olpal place of business In tb. Count, of Cuyahoga. and state of Ohlo, part, of the tirst part,
and MoKKB-SEXTOB LARD COKPAIY. a o.rporation exlstlng under tbe laws of the state of Plorida,
part1 of the second part, WITNESSBtH, that tbe said party of the flrst part, for and in
consideratlon of the sua of Ten Dollars and otber Taluable oonslderatlon to It In hand paid,
tbe reoeipt wbereof IB bereb, aOkno.ledged, bad granted, bargained, sold, allened, remised,
released, cenTeyed and oonf.raed, and b7 these presents doth grant. bargain. sell, alien, re-
mise, release, oonTe7 and oonfira unto the said part, et the s.oond part, and Its suoo.sser.
and .ssigna ferenr, oIl these oertain paroela of 1804 17ina and being in tbe County of st.
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Luoie and State ef 'lerlda, more partioular17 desoribed .s foIl...:
1. Lpts 3 aftd ~ of Seotion 29. tewDsbip 32 South. Rang. 40 ~as~.
2. Als. Lets 6 and 7 of Seotion 30 and Let 1 ef Seotlon 31, To.nsblp 32 S..th, Rang.
40 East, (exoept, how.Ter. from thls deaoription. the follewing lets In Vero Beaoh sub-
dlTlsion No. l, a aubdlTiaion of part of Seotions 30 and 3l, TownShip 32 south, Range 40
East, plat of said subdlTision belng recorded in Plat Book 2. page 33, to-.it: Lot "A"
and lots 3 and ~ of Block 2; Lot~ 13, l4. 18, 19, 20 and 23 of Bloot 3; ~ots "A" "B", "C"
and "D" and Lots 6, 7, 10, ll, 12, 14, l6 and 20 of Blook ~; Lets "A" and "B" and Lets 1, 6.
6, 7. 10. 11 and l2, 131oe,."- !;;
,- -_ ; Lota 1, 9, 10 and 11 ef Bleck 6; Lot "C" of Bleok 7)
3. Also Lets 1 and 2 of Seotion 3&, To.nsblp 32 south, Range 40 Bast.
!ogether with all riparian rigbts and submerKed lands appurtenant to the aboTe de.-
oribe4 lams.
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TOGETHER with all the tene.ents, heredl~aments and appurtenances, with eTer7 priTilege, right,
title, interest and eetate. reT.rsion, remainder and eaaement tberete b~lenglng er In an,.lse
appertaini~: TO U7R .urn TO HOLD the same in tee aimple ferenr.
!he party of the seoond part has giTen to tb. part7 ef tbe firBt part a mortgage ef
eTen date herewith te aeoure tbe sum ef 1130,000, being balance due on purchase pri.e. No.
in order better to aeoure said ~alanc., it ls bereb7 agreed th't tbe party of tbe second part
sball haTe the rigbt to subdiTide the aboTe desoribed propert7, but betore anT subMTlslon
plat la recorded said plat sball be submitted to tbe party of flrat part, and if sald plat is
reasonable and d(~B not deteriorate tbe .T81ue ~f said property, then the part. of flrst part
shall approTe the same In writlng thereon. In the event of tbe failure of the parties bereto
to agree upon said subdivision plat, then said plat sball be submitted to A. S. Taylor of Clev~-
land, Ohio. or in event of his fallure or refusal to aot, to some other member of tbe CleTeland
Real Estate Board 6S shall be 6greed upon by the p8rties bereto, or in tbe eTent of their failure
to agr.. .1tbln ten days, such me.ber of tbe CIeTeland Real &state Board shall be chosen by tbe
.preaidlna Judge of the Court of Common Pleas of Cuyahoga Count" Oh16, snd the decision of tbe
said arbitrator s~ll b. binding on tbe par~le8 hereto, and the signature ot such arbitrator
upon sald plat a8 approTed by said arbitrator ~. be aooepted in place and Inatead of the
slgnature of the first party. fbis paragraph sball apply to tbe asslgns and snbsequent purchasere
under either part7 heret.. Provided, ho.eTer, that upon parment in full of the indebtedness se-
cured b7 3aid purchase money mortgage the conditions Imposea by this paragraph upon the p8rtr of .
the second part, 1t8 assigns and subsequent purobaaer~ shall beoome null and TOid, and it shall
not be necessarT tbat the approTal of tbe party of the first part, .1' Its assigns, shall b. ob-
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