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ASSIGt1~P 1~1C'~ .
~YIS S~ITY AGI~ AND ASSI(~1~P oF' ita~e thi.s 4th .
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day of Septsab~ar, 1974, by and. betwee,n ffiAL~3 C~ ~Q~IY S~,
INC. , a Flarida vo~po~ratian and C~O~ • ir~3ivic~ually,
(hereaft~er referred to aollectivelY as "~1nos~olapaulae") and W. B• .
TIL'PCN I~AL ffiTARS AND II3S[~tANCB, Il~1C. , a Flaacida co~poacation p~seafter
referx~ed ~ as "Tilton" ) •
~AS, an ar aba~t Sept~a~r 4, 1973, Apo~~Lopou]AS reoeived a
P'brtxJa~e I3~t~e and Martiqax~e Deec~ from ffiA[~i Q~B ~I~TP O~i4. , a
Flarida oo~poratian, in the anou~nt of $260, 000. which said Marbgage
Deed was duly reoo~rc3ed oan 3e~pteaber 5, 19T3 in Official Iaeoarc3s Boak
218, pages 718 et seq. , St. U~cie Oa~uity, Floricla, public reoords: and-
~ said l~brtgag~e Notre ac~d 1~1o~bgage Deed grovi~3e, 3nter alia,
- that ttiere is ~ be a princi.pal instal]mPnt paym~~t c~ue the.reori in the
~ aa~urt of $86, 666.66 an or befare Se~p~ed~i 4, 1975, ~oqether with
. quarterly intesest ari the tu~aici j ba].ai~oe, b~talin4 $3,250.00, . '
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C~l~t,' Ol1 O~ ~QY~G Sd1C~ C33~~ allt~
~S Apost,oLoQoulos vw~ Tilt~on the sum of $21, 500. 00, togethPS .
' _ with in~ti at the rat~e of 7 1,/2~ f~cam and after Sep~teaQber 4, -1974, -
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~ which said in~debte~~ess is ~bo be pa.id in full. on ~ befare Segtenbei 4, ~
1975; aryd .
~ ~S Apostolapailoe ar~d Tilton have exec.vted a Prauiisso~y Nobe
N ~ in the a~o~uit of $2I, 500. 00 payable as providecT abu~e; . and
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~AS Aposbolapo~uLo~ aY~d Tiltori wish t~o p~vic'~e T~ilt~on witli
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~ se~vrity for said Proatis.~ary Not~e, _
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A" NOW, for and in vonsi.detation of the p~enises ancl the
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a ap ' PLT1ri1SSOYy NOtE ~lIk3~OV@ 1CIE~ltld'1~~ TIZ~1 s'lYY~ ApOBtO~Olly06 d~
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~ o`-n 1. R~e stat~s[~ts oocitairred abave are true a1~d v~rreCt.
2. Apostolo'Poulos Pre~aitly a~+es Tilbon the sun of $21, 500. 00
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~ m togethpx with int~erest dt the rat~e of 7 1/2$ per anntm fraa arxi after - -
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Sep~teaber 4, 1974, tt~e entire such principal and int~erest ir~debte~ess -
to beoaa~ due ancl payable an ar- befa~e Septsober 4, 1975.
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CARL F. ELLINANGER ATTORNEY AT LAW P.O. 80X /680 S'TUART, FLORIDA 334Yt
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