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AGRESMENT made,~this o~ b day of ~ w~`~ , 1970 ~ #
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~ between KIMCO FT. PIERCE, INC., a corporation duly organized and ~
: existing under and by virtue of the laws of the State of Florida, {
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~ having its principal place of business at 245 Park Avenue, New ?
York,. New York, hereinafter called the "Owner"; SUPERX DRUGS OF ~ ~
' FLORIDA INC. a cor oration dul or anized and existi under i ~
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and by virtue of the laws of the State of~Florida , having its ~ ~
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' principal place of business at 1014 Vine Street, Cincinnati, Ohio,~ `
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hereinafter called "Lessee"; and THE BOWIIiY SAVINGS BANK, a ~i !
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corporation duly organized and existing under and by virtue of ~
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the laws of the State of New York, having its principal place of i'
business at 110 East 42nd Street, New York, New York, hereinafter ~
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' called the "Bank"; (
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W I T N E S S E T H: ~
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WHEREAS, the Owner is seized in fee of the premises ~
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;(Shopping Center) bounded West Siade of U. S. Highway #1 opposite ~ ~
intersection with Tennessee Avenue in the City of Fort Pierce, ~ ~
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, C~unty of St. Lucie, State of Florida; and ; ~
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WHEREAS, the Lessee is in possession of said premises i ~
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under a certain lease (and lease agreement) dated February 11, ~ ~
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. 1969, by and between the Owner, as lessor and the said Lessee, ~ ~
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: for a term of fifteen (15) years expiring on Ju1y 3Z, 1984, ~
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plus certain options to Lessee to extend the term (which lease ' ~
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and lease agreement together with the modifications thereof, if ~ ~
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any, is hereafter referred to as the "Lease"); and
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WHEREAS, the Bank has been requested to accept first ' =
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mortgage in the principal amount of Six Aundred Thousand
($600,OOO.aO) Dollars (herein, together with any modification, ~
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consolidation, extension, increase or renewal thereof, referred i ;
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to as the Mortgage) made_by the Owner securing a loan to be made ~
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~OOK /ACf This instrument was prepared by ; ~
Alan Vuernick, Attorney at Law, }
whose address is 245 Park Avenue,
New York, New York 10017.
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