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otland situate in the ~tate ot ~lorldn, \ioun ty of ~t. Luote, and I;i ty ot I"ort P1eroe,
desaribed as tollows, to-wit:
Allot J.IOt "umbered vne \ 1 J, ot Dlook "D" ANDREWS & !lICt{ARDS ~':J~1)IVI 3101' ot .LO ts
,L'hree l3), ~our (4), !'iTe US), and ,')lx (6) of "1'YL~ts S'JBDI VISIO!~ ot 1.0 t .four \4), said
lot. being a PRrt of ,')eotlon .Len \10J, 'J.'oWDship ..thlrty-tive \3~J South, nange .farty \40J
East, together with rlparlan rights owned by the grr.ntor j alao all Lhoueh01d, otfio e and
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kitohen fumi ture oontai ned in the bulld ing standing upon above described property.
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TO ~VE ~ND TO HO~ the above desoribed pre~ises together With all and singular the
ten'~:nents, heredita.'nents and appurtenanaes thereunto belonging or in any wise inoident or
appertalnlng, toc)ether with the rents, Issues and protits th,;reot \SEl.ve ani ex~ept the rents
p&.id by the lessees hereinJ unto the said lessees, t!lcir heirs. exeoutors. nd:n1nlstrators.
suooessors and a9si~ns, for u full term of ninety-nine \99) years beginning on the 3~d day
of ;:te~te:nber. A. U., 1925, and terminnting
on the 3rd day of .>ep\e::lber, :..
U.,
2024.
And the said lessee~ for and in oonsidera~lon of the use and oooupati~n of said
, ~lIIi...,!AS aforesaid, hereby oovenant aId agree with the lessors that they, the
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I will pay to the 1a!';sors tor the rlghts herein granted and as rent for the use an:!
I.' the a b... . d...r Ib.d ....'" se. the r .U. wing .wn .r .u.~. .r ".n.y. t .-wlt :
I Eleven Thousand ($11,000.) Dollars per annum for the tirst, second, third, fourth
I and fifth years. respeotively, of the rental ;J6::-iod herein and hereby ~reated.
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land tenth years, reapeotive1y, of the rental period herein ani r.ereby created.
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i 'Ni thin the rental period oreated by this ninety-nine year lease.
8&.id lesse1s,
ooou pl1 ti on
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Thirteen Th~usand ($13,000) Dollars ~er annum for the sixth, seventh, eight, ninth
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Sixteen Thousand ($16,000) Dollars ;>er annu:n for eaoh and every other year ernbraoed
The rental for eaoh and eTerT year shall be ,aj~ble annually and in advanoe at and
to the .:'ort Pieroe Bank ~ 7rust Company, of t'ort Pie roe , Fl~ri:1&.. s. tJ aoents, for the lessors;,
Bald pa,yments shall be made on t.he 3rd day of Septe~ber :;f ca;:h and every yef.r during the
1 entire term.
I been [>ald at the U::le of the exeoution ~d delhery of this 1nstrllIlont, the reooipt thereot"
lis hereby aoknoWLe4ged.
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pay b 11
The rental for the first year, to-wit: the rental due on 3e.;>tember 3. 1925, ha
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In addi tion to the above rental ohar(;es the lessoes obligate and bind the:Ilsel ves to
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charaoter or desorip~10n
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whioh shall be lq~ied u;~n above desoribed pro~erty or assessed aeainst th~ sa~e by the unitii
Sta~es, or by any State, County or ~uni3ipallty subsequent to the 3rd day of Septernbe~, 1925j:
'PrOVided, however, the lesgees shall not be liable for any inoome or inheritance taxes assess~d
I up.. the te...r. by re...n .r the l....r'. .wnership .r ..Id prop.r ty. I
The lessors obligate and bind ~he.selves to pay all unpaid taxes, if any, &sses3ud for
the year and prior to the year 1924, and all liens for public i:nprove:nents that mAY have bee1'
assessed a~ainst above desorlbed property prlor to the first day 0... the rental oeriod herein
I.nd h.r.b, d..lgna'.d. .nd _rr.nt the tltl. t. the .b.v. de..rlb.: prop.rty ,.- be ...11 I
vested in the~ free trom any 11ens or enoumbranoes in law or equity, sav~ and exaept one mortrage
in the SUIt ot 'ljl1rty-Nine Thousand Two Hundred Eighty ($39,280) Dollars, inolwi1ng interest
in maturity, whloh the lessors obligate and bind themselv~s to pay at maturity.
to.xes, assess:n<>!!ts for publiC l:!1prove:-aents and oharges of every
The mortgage herein above referred to seoures a sories ot notes, maturing on the 29th
day of ~ugust of eaoh and eTery year tor a perlod ot seven (7) yenre, beginning on the 29th
'day ot August, 1925, ~d terminating on the 29th day ot August, 1931j each ot sald notes are
made payable at the Fort 2ieroe Rank & Trust Com~ny and are paya~le to eald Bank as trustee,
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land the said
strument 18
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Fort 2ieroo Bank & Truet Company for the proteotlon ot all parties to this in-
hereby tDll~ authorized and ompoweres to apply so muoh of 8ald rental paymen\ as
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