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RECONFIRMING AGREEMENT ~
, RELATING 1~0 MORTGAGE AND MORTGAGE NOTE ~
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WHEREAS, the undersignF,d were the forn~er stockholders of ~
Fort Pierce Airways, Inc. (their pro rata ownership thereof
being set forth hereir?after) ;
WHEREAS, the undersigned have received by Assignment of
Mortgage (recorded in O, R. Book 181, page 1414, Public Records
of St. Lucie County, Florida) from Fort Pierce Airways, Inc., ,
a Florida ~orporation, now dissolved, all of said corporation's
interest in that certain mortgage and mortgage note dated
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 Countq, F.lorida;
and ~
WI~REAS, said Assignment of Mortgage refers to a certain
Agency Collection Agreement dated September 2, 1969, which
agreement ts 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 reconfinn and grant to St. Lucie County
Bank, Fort Pierce, Florida, full right, pawer and authority to =
perform and/or to exercise each and every term and tundition `
or right, privilege and option to be performed and/or e~cercised ;
by the Mortgagee under the said mortgage.and mortgage note, :
specifically including without limitation the right, power and
authority, to execute and deliver partial releases.of said
mortgage and a satisfaction of said mortg8ge when paid in full,
to join in the dedication of plata of the mortgeged property, ,
and to euercise all r3ghts, privilegea and options of the Mortgagee,
aIl in accordance with and subject to the terms and conditions
of the said mortgage and mortgage nate. '
IN WITNESS WHEREOF the undersigned have indicated their
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, aeaied and delivered intereet i~~
in the presence.~f ; Mortgage i~
, n' ~ Mortgage ;
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1,~.1, c ~ ~ <t ; ~l ~ E ' ~<<~, G~ (SEAL) Note
j Mc Part an , r., Trustee
y The Edwin Bir y He,irs Trus t 69 . 72x
As to . J. Mc Partland, Jr.
a4~ isi 2244
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