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HomeMy WebLinkAbout2413 subject lands in favor of WISCONSIN after payment in fu11 of the first annual priricipal payment due under the terms of said NoCe and Mortgage for construction monies utilized to build model apartments, recreational facilities, hotel, restaurant and pro3ect sales facilities. The amount of the land sub3ect to MILLER'S Mortgage to be subordinated to the lien of such Mortgage created for the benefit of WISCONSIN shall in no event exceed a ratio of 4 square feet for each square foot of building constructed. Ingress and egress from a public right-of-way to subordinated areas over and upon existing roads or by the most direct and reasonable route shall be assured to WISCONSIN by MILLER. S. This~Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors and assigns. IN WITNESS WHEREOF the parties hereto have caused this instrument to be executed and the respective corporate seals affixed hereto by their authorized officers the day and year first above written. Signed and Sealed in . ~ the • EDW LLER & SON _ , i • . . .r ~ . Edward F. Mill , PregidQnt a v% . : 4 ~ • • ~ ~1 ; G ~ - . i • ~ ~ . - l~ • ~ t~ • r ~ ' ~ ~f s:'0o M FIRST WISCONSIN MORTGAGE TRUS~' ! ~ = ~ (Corporate Seal) c~T ! ~ i gy . r H. Bro e ~ As stant Se r~~ ~ ' Assistant Tr urg~~~l ~ Ruth H. Olds ~j ~ ~ (Corporate Seal) ~b ~ Ow N,c,~ STATE OF FLORIDA ) COUNTY OF MARTIN ) I HEREBY CERTIFY that on this day, before me, an officer duly ~ authorized in the State and County aforesaid to take acknowledgments, ~ ~ ~ personally appeared EDWARD F. MILLER, well known to me to be the ~ ~ president of the corporation named as MILLER in the•fc,regoing Agreement, and that he acknowledged executing the same in the presence of two subscribing witnesses freely and voluntarily under authority duly ~ vested in him by said corporation and that the seal affixed thereto is n k ~ ~3~7 ~acc 2349 a~c~ 2~4 ~AC? 2~ -3- - _ _ ~ ~ ~ ~ . "~,;:~x:~:=?