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HomeMy WebLinkAbout1985 General Development Corporation 2b /9 P 437918 This instrument prepared by: NED M. SHANDLOFF, ESQUIRE 1111 So. Bayshore Drive Miami, Florida 33131 WARRANTY DEED THIS WARRANTY DEED Made and entered this 24th day of October 1985 by GENERAL DEVELOPMENT CORPORATION, a corporation existing under the laws of Delaware, and having its principal place of business at 1111 South Bayshore Drive, Miami, Florida 33131, hereinafter called the Grantor, to the CITY OF SEBASTIAN, whose post office address is P.O. Box 127, Sebastian, Florida 32958 -0127, hereinafter called the Grantee: (Wherever used herein the terms "grantor" and "grantee" include all the parties to this instrument and the heirs, legal representatives and assigns of individue!s, a ^d the successors and assigns of corporations.) WITNESSETH: That the Grantor, for and in consideration of the sum of $10.00 and other valuable considerations, receipt whereof is hereby acknowledged by these presents does grant, bargain, sell, alien, remise, release, convey and confirm unto the Grantee all that certain land situate in Indian River County, Florida, vis: All of a parcel of land designated as PARK as shown on the plat of SEBASTIAN HIGHLANDS UNIT 5, according to the plat thereof, as recorded in Plat Book 5, Page 102 of the Public Records of Indian River County, Florida, all situate, lying and being in the City of Sebastian, Indian River County, Florida, and containing 2.68 acres, more or less. Provided, however, and this conveyance is made subject to and upon an express condition that should the Grantee cease to use the foregoing property for park purposes, then, and in that event, the title to said property shall revert to and vest in the Grantor, its successors and assigns. Reserving unto General Development Utilities, Inc., a Florida corporation, its successors and assigns, an easement for the installation, operation and maintenance of a water well and such appurtenant pipes, electrical connections and driveway as are usual and customary; provided that such well site shall not exceed 30 feet by 30 feet; and further provided that the well site and appurtenances shall not interfere with any existing improvements. Also reserving unto General Development Utilities, Inc., its successors or assigns, the rights to all subsurface water lying below 400 feet in depth. This Deed is executed subject to taxes assessed for the year 1985 and all subsequent years and to conditions, easements, limitations and restrictions of record. TOGETHER with all the tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining. TO HAVE AND TO HOLD, THE SAME IN FEE SIMPLE FOREVER. AND the Grantor hereby covenants with said Grantee that it 's lawfully seized of said land in fee simple; that it has good right and lawful _ authority to sell and convey said land; that it hereby fully warrants the C%4 title to said land and will defend the same against the lawful claims of all cv persons whomsoever, and that said land is free of all encumbrances except O as above set forth. ., IN WITNESS WHEREOF, the Grantor has caused these presents to be a executed in .its name, and its corporate seal to be hereunto affixed, by its c proper officers thereunto duly authorized, the day' and year first above P�- written. �o �a a P' Signed, sealed and delivered GENERAL DEVELOPMENT CORPORATION in the presence of: BY yT� HAROLD W� . FENNO, SR. VICE PRES (CORPORATE SEAL) , STATE OF FLORIDA) COUNTY OF DADE ) I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State and County aforesaid to take acknowledgments, personally appeared HAROLD W. FENNO, Senior Vice President of the corporation named as Grantor in the foregoing deed and that he acknowledged executing the same in the presence of two subscribing witnesses freely and voluntarily under authority duly vested in him by said corporation and that the seal affixed thereto is the true corporate seal of said corporation. WITNESS my hand and official seal in the County and State last •� aforesaid this 24th day of October 1985. My Commission Expires: NOTARY PUBLIC STATE OF FLORIDA OT Y PUBLI WINDED THRU GENERAL INSURANCE UNDO Sta of Florida at Large COMMISSION EXQIRES JULY 2$ L244 _ cq DOC. RT. -AMT. 3 ,S ��r-: cl� FREOA WRIGHT, Clerk of Ckoult W Indian River County - bV - 2 - LAW213 OQ d 2 soc