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RECONFIRMING AGREII~7ENT
, RELATING 'PO MORTGAGE AND MORTGAGE NOTE ~
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WNEREAS, the undersigned were the forn~er stockholders of ~
Fort Pierce Airways, Inc. (their pro rata ownership thereof
being seC forth hereinafter);
WHEREAS, the undersigned have received by Assignment of
Mortgage (recorded in O. R. Book 181, page 1414, Public R~cords
of St. Lucie County, Florida) from Fort Pierce Airways, Inc.,
a Florida corporation, now dissolved, all of said corporation's
interest in that certain mortgage and mortgage note dated i
March 19, 1969, executed by Lakeside Gardens, Inc., a Florida
corporation, to Fort Pierce Airways, Inc., in the original
principal amount of $337,500.00 as recorded in Official Records
Vol. 176, page 2556, Public Records of St. Lucie County, F.lorida;
and
W~REAS, said Assignment of Mortgage refers to a certain
A.gency Collection Agreement dated September 2, 1969, which
agreement is not of record;
NOW, THEREFORE, in consideration of the premises, the
undersigned, being all the ownera of the aforesaid mortgage and
mortgage note, do hereby reconfirm and grant to St, Lucie County
Bank, Fort Pierce, Florida, full right, power and authoritq to
perform and/or to exercise each and everq term and tondition
or right, privilege and option ~to be perforoned and/or e~cercised
by the Mortgagee under the said mortgage and mortgage note, ~
specifically including without limitation the right, power and ~
i authority, to execute and deliver partial releases_of said
~ mortgage and a satisfaction of eaid mortgage when paid in full,
i to join in the dedication of plate of the mortgaged property,
` and to exercise all righta, privileges and options of the Mortgagee,
~ all in accordance with and sub~ ect to the ternis and conditions '
j of the said mortgage and mortgage note.
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~ IN WITNESS W1~REOF the undersigned have indicated their
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s pro rata share of the said mortgage and mortgage note and have '
signed, sealed and delivered these presents this 7th day~of
September , A. D., 1970.
Pro rata
Signed, sealed and delivered interest ir
~ in the presence f: , Mortgage i~
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~ ~ - ~ Mortgage ~
~ `y.1; s ~ /<<-lt-~1..- ' LC,~ GZ~~2~~%u'+w ~SEAL~ Note
~ , . . McPartlan , r., Trustee
~ The Edwin Bin y Heira Trust 69.T2x
~ As to . J. M.cPartland, Jr. ,
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