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HomeMy WebLinkAbout2287 If `'v ~ / z~o3~1 ASSIG`:.KENT AND A3SUMP2ION AGRE&~lENT ~ p This Agreement mad~ and entered into this 3 day of `~~~rL~-~1 1973 by and be~ween t~.r. ~:.A. ~iard~n and Hardin Florida, Inc., a Fiorida c~rporation. h'hereas, Mr. N,A. Hsrdin and Rarrsson Land Develop~ent, It?c. have ~r.ie:ed irto that certain Joint Venture Agre~raent dated 1~ 19? 2, M::~ that certain ;:edif icatior: to Soir_t Ver:t~~re Rgreera~nt of even dnte 2:~re~: ;F2:, ar,d Whereas, Mr. N.A. I?ardin wis2:es to assiqn to Rardin Florida, Inc. all his right, tftle znd interest under the aforesaid Joint Ventnre Agreement dated _Q~ 1 Y-7Z in accordance wit2: the requirements of S~ction 2 0: the aforeaa~d ~lodification to Joint Vent4re Agreement of even date herewith, and k'hereas, Hardin Florida, Inc. wishes to coa~ply with the requirements- of such Section 2 of the afozesaid Modification to Registratien Aqreement in orZer te perfect the assignment to it of the interest of Mr. N.A.Hardin in ~.e aforesaid Jofnt Venture Agzee~ent, as mydified. lvow, T~:ere~ore, in consideratior_ of the mutual premises contained r.~r~in ar.d c~xtain other goad and valviable consideration, receipt of, which is her~hy acknowledqed, the partfes hereto aqree as follows: ~ l. Nir. N.A. Hard~.n hereby assigns to Sardin Floricta~ _Inc. all f of his right, title and intereat.under that certain Joint Venture Agreement ~ ~ d~~ed D 1972, as inodified by tbat certain IRodffication e ~ to 3oint Ver.ture Agreea.er.t dated /~~,r~,yrh._ .3 . 19~3. ~ ~ 2. Har3iA Florida, Snc. hereby assumes all the duties and ~ce- ~ sponsibilit~es of Mr. Iv.A. Hardin pursuaat to the tezme of the aforeeaid ~ ~ .:~int Venture Aqree~ent and~Moditication to Joint Ventura l~iqzerment, and ~ zgzee9 to stand in the glace and stead of I?ir. N.P,. Hardin with respect , ~ ~ to ~~ct? d::ti_s, respons~b~lities ar,d obligetians. ~ _ 3. Har~in Florida, Inc. hereby agrees that_it 15 the fntention of i the parties 2;ereto that ~he duties, responsibflities ar.d obliqations r: = as~t:r.:ed by ~~rdin F1oriGt, Inc. hereunder shall accrued to the benefit ~ ~ of tr.ird ga:~ies, includir.g but not limited to Harrison Land Development, 3y~ `.y-~ Inc., its s~:ccessors an~ assigns, ar.d may be enforced by such third parties ~ ~ as t: eir ir.~~r~sts may a^pear. ~ THIS INSTRUMENT PREPARED BY : ~ John B. White, Esquire ~ Shutts & Bawen 1000 Fiis t National Bank Building ~ ~ 221 PA~E 228"~ 80~11 Miami, Florida 33131 <-< - j ~ . _ _ .