HomeMy WebLinkAbout1986 GDC - Schumann Lake1986 SEP 26 AN 11: 10
a 9 _Z565
This instrument prepared by:
NED M. SHANDLOFF, ESQUIRE
1111 So. Bayshore Drive
Miami, Florida 33131
WARRANTY DEED
THIS WARRANTY DEED Made and entered this 18th day of August 1986
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 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:
Lot 9, Block 406, and Tract B, of SEBASTIAN HIGHLANDS UNIT 7,
according to the plat thereof, as recorded in Plat Book 6, Page 6 of the
Public Records of Indian River County, Florida.
Provided, however, and this conveyance is made subject to and upon
an express condition that the City of Sebastian permit the Sebastian River
Area Historical Society, Inc., a Florida not for profit corporation, to build
and operate a museum in the said Lot 9 of Block 406 and the western
one -half of Tract B, for a period of at least 20 years after a historical
museum is constructed.
This
conveyance is
fui-thler made subject to and
upon an express
condition
that should the Grantee
fail to maintain
the lake and the
surrounding
property in
a condition
that is acceptable
to Grantor for a
period of
20 years, then,
and in that
event, the title to
said property shall
revert to
and vest in the
Grantor, its
successors and assigns.
This Deed is executed subject to taxes for the year 1986,. and special
assessments, conditions, easements, limitations and restrictions of record.
Further, the following restriction shall remain in full force and effect
for a period of twenty years from the date of recordation of this Deed:
1. Prior to the commencement of construction of any kind, including
but not limited to original construction and subsequent or future
alterations or modifications, Grantee agrees that all plans and
specifications for architectural and landscaping improvements shall. be
submitted for approval to Grantor. Grantor shall review the data
submitted as to aesthetic functional and economic conformance with the
area and its proposed development and Grantor agrees that such
approval shall not be unreasonably withheld.
TOGETHER with al!--the- tenements, hereditaments and appurtenances
thereto belonging or in aywise appertaining.
TO HAVE AND TO HOLD, THE SAME IN FEE SIMPLE FOREVER -.
AND th-e- Grantor hereby covenants with said Grantee that it is lawfully
seized of said land in fee simple; that it has good right and lawful
authority to seii and convey said iand; that it hereby fuliy warrants the
title to said land and will defend the same against the lawful claims of all
persons whomsoever, and that said land is free of all encumbrances except
as above set forth.
t7UC. ST. - A IT. $ . J—O
FREDA WRIGHT, Clerk of Z C��
kie;a i River County - by
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IN WITNESS WHEREOF, the Grantor has caused these presents to be
executed in its name, and its corporate seal to be hereunto affixed, by its
proper officers thereunto duly authorized, the day and year first above
written.
Signed, sealed and delivered
in the presence of:
GENERAL DEVELOPMENT CORPORATION
BY
HAROLD W. FENNO, SR. VICE PRES.
(CORPORATE SEAL)
STATE OF FLORIDA)
COUNTY OF DADE )
I HEREBY CERTIFY that on this day, before me, an officeWuly
authorized in the State and County aforesaid to take acknowledg!Fnts,
personally appeared HAROLD W. FENNO, Senior Vice President ##the
corporation named as Grantor in the foregoing deed and thW9 he
acknowledged executing the same in the presence of two subscing
witnesses freely and voluntarily under authority duly vested in him b 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 18th day of August 1986.
My Commission Expires:
NOTARY PUBLIC STATE OF FLORIDA
HY CONNISSION EXP JULY 24,1993
BONDED THNU GENERAL INS•
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