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. EXHIBIT B =
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MORTGAGE NOTE
~6?5,000,00 New York, New York ~
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FOR VALUE RECEIVED, PETER E..SIMON and RITA SIMON,
his wife, residing at ~9 Allwood Place, Clifton, New Jersey,
MELV~N S. TAUB and CAROL TAUB, his wife, residing at ~2 Lenox
Avenue, Clifton, New Jersey, SAMUEL BRODIE ax~d RITA B~tODIE, his
wife, residing at 646 Passaic Avenue, Clifton, New Jersey,
HERBERT KAY~and EDYTHE E. KAY, his wife, residing at l~F Sycamore
Terrace, Springfield, New Jersey., and PSILIP H. SIMON and MII~DRED
K. SIMON, his wife, residing at 330 DHras Line Road, Clifton, New
- Jersey, all of whom except the aforesaid wives are doing business
as FORT PIEACE ASSOCIATES; a New Jersey paxtnership, having an
office at 950 Clifton Avenue, Clifton, New Jersey proYaise to pay
to TI~ CH~ASE MANHATTAN BANK (NATIONAL ASSOCIATION) incorporated -
~ under the la.ws of the United States of America, havi.ng its prin-
cipal office at 1 Cha.se M~anha.ttan Plaza, New York, New York, as
• Trustee under Indentu~e dated as of 10/2/50 as amended for the
benefite of American Motors Corporation Salaried F~r?ployees'
Pension Plan, or order, at 1 Cha.se Manha.ttan Plaza, New York,
NeW York, or at such o~her place as may be designated in writing
by the holder of~this note, the priricipal sum of Six Hundred
Seventy ~ive Thousand and 00/100 Dollaxs ($675, 000. 00 la.wf'ul.
money of the United States, to be paid.with interest thereon at
the rate of six and one-qua.rter per centum (6 1/~~) per annum
from and after the day oP April, 1967 in constant qu~rter-
annual installments of principal and i~terest as follows: On ~
July y~ 1967 an installment of Fourteen Thousand One Hundred
Seventy Five Dollars at~d 00/100 ($1~F,1?5.00), and like install-
ments of Fourteen Thousand One Hundred Seventy Five Dollars and
00/100 ($1~,175.00) each on the day of October,
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