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RECONF IItM ING AGREEMEIv'T
RELATING T~0 MORTGAGE AND MORTGAGE NOTE
WHEREAS, the undersigned were the fonner stockholders of
Fort Pierce Airways, Inc. (their pro rata ownership thereof
being set forth hereinafter); ~
WHEREAS, the undersigned have received by Assignment of
Mortgage (recorded in 0. R. Book 181, page 1414, Public Records
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 ;
rtarch 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
W1~REAS, said Assignment of Mortgage refers to a certain
Agency Collection Agreement dated September 2, 1969, which
agree,cent is not of record;
NOW, THEREFORE, in consideration of the premises, the
undersigned, being all the owners of the aforesaid mortgage and
mortgage note, do hereby reconfirm and grant to St. Lucie County
Bank, Fort Pierce, Florida, full right, power and authority to
perform and/or to exercise each and every term and tondition ~
or right, privilege and option to be performed and/or e~cercised ;
s
by the Mortgagee under the said mortgage and martgage note,
specifically including without limitation the right, power and
authority, to execute and deliver partial releases_of aaid
mortgage and a satisfaction of said mortgage when paid 3.n full, ~
to join in Che dedication of plats of the mortgaged property, ~
and to exercise all rights, privileges and options of the Mortgagee, ~
all in accordance with and sub~ect to the terms and conditions ~
` of the said mortgage and mortgage note. ~
f i
s IN WITNESS W1~REOF the undersigned have indicated their ~
~ pro rata share of the said mortgage and nartgage note and have
: signed, sealed and delivered these presents this 7th day of
~ September , A. D.. 1970.
~ Pro rata
~ Signed, sealed and delivered interest it
~ Mor t a e i~
~ in the presence_ f; g g
~ ~ ~ ~ . L~~~ Mortgage
Y ~ << ,...~t ~l~~'~,.,~~c~ G2 (SEAL) Note
~ ' / . . McPart an , r., Trustee ~
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k ~ The Edwin Bin y Heirs Trust 69.72x #
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' As to . J. McPartland, Jr.
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