HomeMy WebLinkAbout2585 , ~ n+rs ntst~u~cNt w~s Pacr~rEO ~r~ .
ROYCE R. lEW(S~ Attornhr d l~w ~ 1~~
~~'01lTN 2U0 S/REf1~ ~ORi PIE~ICE. fu,
~ . AQRBBMBNT
THIS AGRBBMBNT made and entered i~o thia /~o
day of July, 1970 by ~ and between LEYERE MONTGOMERY and BE'ITY
~ B, MONTGOMSRY, his wi#e, here~inafter called tl~e Hrst parties and
MAR'TIN V. CASB and MARY A CASE, his wife, hereinafter called
~ seco~d parties, WITNffiSETH:
Whereas, the parties hereto are the sole Btockholders of
Case Motiors, Inc. , a Florida Corporation engaged in the sale of ve-
~ hiclee in Fort Pierce, Rlorida on pxemises at 2715 South U. S. High-
wsy No. 1; which said prerr~ses are owned by first pa.rtiee in fee
. aimple. And .
Whereas, said corporation has a present indebtedness to
St. Lucie Cotctrty •Bank in Fort Pierce, Florida in the principal eum of ~
~14, 965.00, plus accr~ed interest, represented by a series of prom-
issory notea that have been co-signed and endorsed by first party,
LEVERE MONT~GOMERY and second party, MARTIN V. CASE: and
Whereas, said corporation has certain assets compoeed of ~
~ invenmry, accounts receivab2e and various and sundry other personal .
PropertY• And .
~ Whereas, seco~ parties are desirous of buying out all the
~ right, title and interest hazl by ffret parties in said corporarion and all
its assets, good will and property of every descrfption, with a full ~
~ agreement having been reached between all the parties as to the terms ~
and conditiona of ~ such eale and purchase.
NOW THEREFORE, in co~sideration of the promisea and
~ covenanta herein contained ae well ae the consideration to be paid Hrst ~
parties by second partiea, it is hereby contracted, ~ etipulated and agreed
by and between the parties as follows:
- 1. Within seven (7) days from the date hereof the said fn- -
,
debtedneas due St Lucie County Bank shall be paid aff and discharged
~o~cF ~w~s in full b the
u„ y parties, vrith Srst parotee paying the prineipal eum of
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