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Government l.ots lo'o,.r, Five am ->1-.: (., 5 anl 6 ) of ~eotion Eighteen (18), Townahip ~\2 South
of Range 40 East (Traot l).
Paroel 2.
Lot one ll} of Seotion Eighteen (l8) in Township 32 ~o~th ot Range 40 East ot the Tallahass
eo Yeridian Florida. oontaining 16,92 aores, acoording to the otfioial plat of the ourvoy of
said land returned to the General ~and Offioe ~y the Surveyor-General (Tract 3)
PARC~L 3.
Fraotional northeast quarter of llortheast~arter (NEt ot ~Ei) lying Zast of Indian River
of :ieotion Thirteen (13) TownShip 32 ;)outh, Range 39 East, (Tract 4).
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PARCEL 4 .
South f1ve and one half (5i) aores ot .ot Three \3) 3eotion Twelve (12), Township 32 South,
Range 39 East (Traot 7).
PARCEL 5.
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Also the East tract of land begim.ing at the ;)ou thwest oorner of Seotion Seven( 7} Township
Thirty-two l32) ~outh, Range Forty (40) ~ast. thenoe running ~crth five (5) ohains and Thirty_
seven (37) links; thence East to the atlantio Ooean on a line parallel with the Seotion line;
thenoe "'outh along said Ocean to the Seotion line being opposite the point of beginning; thenoe
Welt along said seotion line to the point of comr.encement; said land being the South one-half Qt
the So~th part cf ~ots 5 and 6, Seotion Sevan (7), Township Thirty-two (32) ;)o~th, Range Forty
(40) East, oonvey~d to George E.Chester by Dan LaPoohe and wife by deed the 16th d~1 of ~pril
1891, and conveyed by George Z.Chester to Thomas L. Lee Qy deed dated Deoember 7, 1893, and
February 24, 1898 and containing twenty-five (25J acres cor~ or less (Traot )8).
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FARCEL
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Commecing at the ~orthwest corner of ~ot ~, Section 18, Township 32 South, Range 40 East,
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run East along the horth line of Lots 2 and 3 sarne seotion, township and range, ~ight hundred and
eighty (880) yards, more or less, to the northeast corner of Lot 2; thenee South along the E&st
boundary line of said lot 2 to theS,~theast oorner ot said.LOt ; thenoe 'Nest along the South
boundary line of Lots 2 and 3 to the southwest corner of said Lots ~ and opposite the point of
beginning; thence liorth along the Nest boundary of said Lot 3 to the point of beginning, .aid
land being Lots 2 and 3, Section IB, Township 32 South Range 40 East, and containing 80 acres
more or less. (Tract 9).
Havirit:gc frontage along the ~tlantio Ocean of 3185.4 feet more or less, together with litto
ral and riparian rights belonging or in any wise appertaini~g to the above described parcels or
land.
to-u~J
The p~rohase price of said lands to be based en a~frontage o~ ~]85 feet at a price of
$67.5J per fronlfoot,or a total prioe of $214.987.50 on thg following terms and agree~ent:
.7500.00 caeh in hand at the,time ~f the exeoution of this contract, the receipt of which
is he~;by acknowledged; $92,500.00 on date of olosing eale and upon delivery of a warranty
Deed from the parties of the first part to the party of the second part; and the party c:i;- t18
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seoond part aarees to pay and assume tha~ portien due on a first mortgage to Otto H. Kahn
AmoQnting to $37,060.00 in three payments ot ~12.360.00 payable Kal ~, 1926. way 5, 1927 and ~ay
5, 19Z8, with interest at 6~ P81able semi-annually: the balance of the total purchase price
amOQDting to $77,907.50 is to be aooepted by the parties of the first part a8 a s800nd mortgage
seoured by notes signed by the party ot the seoond part or his aS8igns in three payments ot
t25.9*:l9.17 aaoh, payablf) in one, two and three years atter d&te ot olosjng sale with inhreat
at 7 ~ payable semi-annually, t~ date of olosing sale, Yortgage to oontain satisfaotory release
01&>>.88.
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