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HomeMy WebLinkAbout2090 . . , ~ outlined in blue on said Schedule 1 and the right to use the channel to the Inland Waterway also shown on Schedule l, free and clear of all liens and ecumbrances other than a certain ex- isting mortgage lien held by DOROTHY SCHOENITH McMILI.AN, which i the only existing lien against said real pro~erty other than an , existing second mortgage lien held by ~ B,ARNETT FIRSfi-NA~IONAL- BANK OF JAQtSONVILL~ .-~I~S? BARNI~TT ~'IRST I3ATi0~ BANK QF JAGK~~ - VILI.E shall release and remove any mortgage lien or other lien which it may have against said real property at that time. In the event that said real property is so transferred by good and sufficient deed to UNITED STATES STEEL CORPORATION, INDIAN RIVSR MINERAIS, INC., and the UNITSD STATSS STSEL CORPORATION shall E ; share in the cost of maintaining the channel to the Inland Water way ~n proportion to their use of the channel, calculated upon tonnage shipped. • 11. Upon the coinpletion and accomplishment of all cov- enants, agreements and undertakings hereinabove set forth, the above-mentioned contract between BAF~AM~ (~MENT CONipANy and INDI RIVER MINERALS, INC., dated Novea?l~er 20, 1963, shall terminate and all obligations of BAFiAMA C~EMENT CQMPANY and INDIAN RIVER MINERAIS, INC., thereunder shall be deemed to have been fully , discharged. 12. This Agreement shall be construed and applied ac- cording to the laws o£ Florida. 13. This Agreement is executed in five (5) counter- parts, any one of which shall be deemed to be the original, al- : i ~ though the others are not produced. 14. AlI notices, demands and other requests to be sent to any of the parties hereto, pursuant to or necessitated by the x us ofs~ccs FORD a r~rE + a, tioRTN ?o~~ meur ARCADt ~YiLD1lN FOAT HL~C[, iLO~IDA ~17Z P~20~ ~~r 4' 'e ~~Y~i~E~~~°"~~ ~.1. :.i . ' _ - _ _ h~ .~~.,A.~.e..z'; x cr- :