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HomeMy WebLinkAboutScan_1159 , ---- ._-- -~- -----.---- 1488, I ' i I I -~--..~ , TO HlVE AND TO HOLD, tbe e~id property toeetber with all hereditaments and appurten- anoee thereunto belo~ing or in aD1' wise appertaining, to the only proper use, benetit and behoof ot the said part)' of the second part, as Trustee, and his luoo88sor, or assiens in tee simple torever.. ll'ull power and authorUy is hereby granted -to s8id trustee to improve, manqe, pro- teot and eubdiYide said premises or any part thereof, to dedioate parks, street~,htghW8)'s or alleys and to~vaoate any subdivIsion or part thereof, to tile plats, ~nd to re-subdivlde 8aid property as otten as desired, to oontraot to ~ell. to sellon any terms. to oonve)' either with or without oonsideration, to donate, to dedioate, to mortgage, ple~e or other- wise enoumber; to lease said property, or any part thereot, trom time to time, by leases to oommenoe in praesenti or in futuro, and upon any terms and for any period or periods at time, not exoeeding 198 years, -and to renew or extend leases upon any terms and for any period or periods at time and to amend, ohange or modi~)'leases and the terms and provisions thereof at ,any time or times hereafter; to partition ~r to exohan8e said property, or any part thereat, for other real or personal property, to grant ease~ents or oharges ot any king, to release, oonvey or assign any right, title or interest in or about saId premises and to deal wIth 8aid property ~d every part thereot In all other ways ,and for suoh other oonsidenti'ons as it would be lawful tor any person owning the sane to(deal with the same, whether similar to or different tro~ the ways above speoified, at any time or times here- LJ rJ L after. this Deed is given subJeot to all existing rights otway for oanals and.pub1io roads. This Deed given subJeot also to ~OO.OOO.OO ll'ortgage trom East Coast Development Company to Girard Trust Oompany, dated Deoember 31, 1920, and reoorded in the publio reoords of Saint Luoie County, Florida.. In no oase shall any party to whom s'id premises, or any part thereot shall be oon- veyed, oontraoted to be sold, leased or mortgaged by 9aid Trustee. and in no oase shall any party dealing with said Trustee In relation to said premises, be obliged to see to the appll- oation at any purohase money, rent or money borrowed or advanoed on said premises, or be obliged to see that the terms of this trust have been complied with, or be o.liged to in- quire into the neoessity or expedienoy of any aot of said trustee, or be privlleged or obliged to in-quire into a~ of the term. ot said \bust agreemen~. The interest of each and every benefiolary hereunder and at all persons olaiming under them is hereby deolared to be personal property and to be in the earnings,anlls and prooeeds arising from the disposition at the premises; the intention ~ereof being to vest in the said Eugene Y. Gaillard the entire legal and equitable title in fee. in and to all ( at the premises abov6 desoribed. IN TESTI!fONY TIlEREOF, the J. R. lJ. CORPORATIOn, a oorporation has caused these pre- sents to be signed by itw President and attested by its Seoretary, ~d oaused its oorporate seal to be aUaobed hereto, as and tor tbe aot and. deed of said oorporaU on, the day and /-'---- 7ear p.r-iit abo'~' written. II /f J. II. Jl. CORPORATION, \' (Corp.Seal) .': By Riohard MCCullooh . ,/ Its Pre81dent. \.':--..~.-/' Attest: Geo. Q. 1'hornton Its Seoretary. IJ j u\ ~ ~ 9. g 5. ; ~~ - -...:.:.:-~----_.' -----....-.---. Signed, sealed and delivered in the presenoe of; Jal. H. lold.ary lr. Adelo Pe1ker