HomeMy WebLinkAbout0088 -
~~?I$ jC~(;Jr.e~t (`;C;).'.f_.~ ~ij/•
i~~i~V~i ~ la~r;~r,-e ~.i_ , E_g.
1•;;:-,~. i.~~~~ . .
< G. . , :
' "2
ro.~ f Q.:::.~~, ~i-:. l~f
l1 G R E E M E N T
THIS AGREEMENT, Made this 13th day of September, 1973, among
CASTLEWOOD INTERNATIONAL CORPORATION, first party, MALCOLM FIRTH,
TRUSTEE, second party, and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION
OF THE PALM BEACHES, third party,
WITNESSETH:
~ THAT WHEREAS the second party has subleased to the first
party certain permises located in Dade County, Fl.orida, of which the
second ~,arty is the Zeasehold owner, said premises more particularly
described on the Schedule A attached hereto, consisting of one page;
and
WHEREAS, the parties hereto have agreed that as security
f.or the faithful performance of the covena,.~s of said subleases by
the lessee tha*_ the Liquor Licenses held by the lessee should not be
moved from the subleased premises during the term of the subleases;
and
WHEREAS, the second party has executed and delivere~ to the
third party a mortgage encumbering his int~rest in said premises,
an~ the first and second parties have given to the third party a
L'r.iform Co~unercial Code Financing Statement encumbering said Liq~aor
~icenses;
VOW, THEREFORE, the first and second parties hereby cover_ant
anc~ agree with the third party that the said Liquor Licenses shall rot
be moved From said premises while there remains any unpaid balance ~
~
of the mortgage indebtedness under the aforesaid mortgaqe, and that
any attempt to breech this Agreement shall be considered a default
under said mortgage and fiZancing statement, and the third.party
shall thereupon have the right to acc2lerate or foreclose the same ~
in accordance with the terms thereof.
i
IN WITNESS WHEREOF, the parties hereto have hereunto set
t their hands and seals, and caused these presents to be signed by
Return Ta. -
~Iloo~. ~,~bb & Rc~~- ~ ,
P. 0.
Yle~t ~;'T ~ . . _ .
~
Qa,ii~t ~ ~
GVY~• M~ {•P{s~