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Sn80RDIN~TION li1GREEMENT
T8i3 l1GRS$MENT, a~ads this 19th day ot November, D.
1968 , bet~veen IU~R: ^.~1 HOSPIT~ SUPPLY CORPORP?T=ON, an Zllinois
corporatioA with ~~.a princip~l place of buainess in Lvanston,
iilinois, hereinalter called l~MERTCAN, and N1~TiON!?L Li!'E IN3UR~?NC$
COI~PAI~iY, a corporation vith its principal place o! business in
Montpelier, Veraant, herefnafter called N!~?TiON~L. .
W I T N S S S E T Ht '
WHEREAS, AMSRZCI~ii~i is the or?ner and holder ot a certafn
nwrtqaqe coverinq the premises as by reference to said mortqaqe
will appear, aaid mortqaqe bearinq date June 27, 1966, being made
by ARNCON, INC.. a Florida corporatian doinq buainess as !'t. Pferce
Nursinq an8 Convalescent Home, as nartqaqor, to AMERICAN 80SPITAL
SUPPLY CORPORATION, as aortqaqee, which secured the sum of l~orty-
Three Thousand ($43,000.00) Dollars carryinq interedt at the rate
ot five (5$) percent add on, and beinq recorded on Julp 11, 1966,
in Otficial Record Book 150, pauqes 9f-83, public recorda o! St.
Lucie, County, Florida; and,
W'~EREAS, N!?TIONAL is the oMner and holder of a certain
mortqaqe coverinq the premises as by reference to said mortqaqe Nf 11
appear, said mortqaqe bearing date the 24th day ot March, 1965, beinq
,
~ made by ~?RNCON, INC., a Florida corporation, doinq business as Ft.
!
Pierce Nursinq and Convaleacent Home, as mortqaqor, to BISBEE-H~LDWIt1
CORPOR~TION, a Florida corporation, havinq its principal oflice in
the City of Jacksonville, Florida, as mortqaqee, which said mortqaqe
securas the sum of TNO Snndred, Thirty-Five Thousand t8235,000.00)
Dollars, and interest, and beinq recorded i~ Otlicial Revord Sook 114r
paqe 81, public records ot St. Lucie County, l~loridaj and which said
~ortqaq~ vas assiqnad by said BISHEE-B~LDi~IIN CORPOR~T20N to N~TION~L
by assiga~ent o! aartqaqe dated tha ~th day o! Fabruary, 1966, and
reoorded in Of~icfal Rscord eook 138, paqe 246, public recorde o!
St. Luci~ County, Floridas and,
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