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ACijtSEM$NT
THIS A~CiRE~NT, Made and enterad into tbis 3s rf_ day
of October, 1968, by and batw~een the undersign~d, he=einafter re-
ferred to a8 "Borrower", and NATIONAL L=FS INSURA~iC~ CONPANY. a
corporation of tha 8tate of Venaont, hereinafter referred to as
~i1Q~er~ •
wITD18S88TH: T'hst
wi~RSAS, Lender ie the holder of certain notes dated lfarch
24, 1965, in the face aa~unt of Tw~o Sundred Thirty-Five Thoueand
(~235,000.00) Dollars, and dated October 3a . 1968, in the
face amount of One Hundred T'housand ($100,000.00) Dollars, upon which
there is a preeent outstanding unpaid principal balance of T'hree
i;undred bTine T'housand, Five Sundred Biqhty-Niae and 27/100 ($309, 589.27)
Dollara f and,
W~ASAS, the underaigned have heretofore executed certain
security dociuaent, to-wits
' Chattel mortqaqe dated February 2, 1966, betw~een
i Arncon, Inc., a Florida corporation, doing businese
~ as Ft. Pierce Nursinq and Convalsscent Some, and
~ Bisbe•-Baldwin Corporation, a Florida corporation,
~ securinq said Biebee-Haldwin Corporation with
reference to certain chattals situated ia an~d
about the premiees mortqaged to secure the afore-
said note dated M~arch 24, 1965= said chattel nortqage
havinq been aasigned to Leader by F,Baiqnment of
1Kortgaqe recorded February il, 1966, in Official
Record Hook 138, page 246, public records of St.
Lucie County, Florida:
~ as additional 8ecurity upon the aforsoaid note dated l~arch 24, 1965t f
and,
Wf~REAS, the undersigned have appliad to and received an
additional loan frca~ Lsnder avidenced by the aforesaid note dat~d
October 3 0 , ZgE,g =
N~, THERBFO~S, in conaidoratioa of the afore8aid additional ~
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loan in the aawunt of One Hundred Thousand ($100,000.00) Dollare by
Prepared b~s °
Cherlee 8. P. Brown , AttT. 800K1~4 PACE1~
P. 0. Boz 1418
Ft. Pierce, l~la. - •