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in the amount of $70, 000.00 and $30, 000. 00 respectivelq sha.ll
be d~e and payable on or before March 29, 1975 and secured by
t`~e said property in Exhibits "B" and "C" . Further, the said
Mortgage Deed and Mortgage Modifica.tion and Lien Tra.nsfer
Agreement, except as modified herein, shall be and remain in
full force and effect as to the properties described in said Exhibit
"B" and Exhibit "C" .
Tha.t, as further considera.tion for the Agreement the Mortga.gees,
~ G. A. Consrtuction Company Incorpora.ted, Beach Club Colony of
_ Stuart, Inc. , and George Apostolopoulos individually does hereby
un~onditiona.lly quara.ntee the pa.yment of the above-described Promissory
Notes, in accorria.nce with their terms and conditions, and will, for
this purpose, upon demand by the Mortya.gees duly endorse the afore-
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sa.id Promissory Nates, in such ma.nner as to render them a general
obligor thereon.
- F'~-~ IN WITNESS WHERECF the parties ha.ve hereunto set their
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~ L '`Y-=a~Y~ynd and seal the day and yea.r first above written.
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~ ' ~ ~ ~ ~ ~ BEACH CLUB CCLCNY CF STUART,
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r, ~h' ' u~~Vll2'~. SEAL) ~ . INC•
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-,t_ ~ Georg President
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,:°~oti ) ~ G. A. CCNSTRUCTICN CCMPANY
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%c'. ~~@~~P, SEAL) INCCRPCR.ATED -
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- ~ eor poulos dividually
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Witnesses _
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Witnesses
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