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RSLSASB OF COLLATSRAL AGRBSMSNT
3TATS OF FLORIUA ) , •
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COUNTY OF ST. LUCI$ ) ~
IQ10W ALL MEN BY THBSS PR$SSNTS: That, WHSRBAS, on the 13th
day of September, 1967,.a certain Collateral Agreement was made
ar~d entered into by and between DON D. R~$D, EUG$NS D. HAtX;HTON
and ~SPffidCB~R B. GILBBdtT, aa TRUST$SS OF T~iS R$ED HAUGHTON MOTOItS,
INC. PEN3ION TRUST, ~nd PURS OIL COMPANYs A DIVISION OF UNION OIL
COMPANY OF CALIFORNIA, predecee8or of UNION OIL COMPANY OF CALIF'ORNIA,
recorded in Official Record Book 168, Page 1966, Public Recorda of
3t. Lucie County. Florida; and, -
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WHERE~?S, aaid Collateral Agreement waa entered into hy the
aforeaaid partiee to give UI~TION certain righte in and to a certafn
written Agreement of Leaae and Amendment to Leaae, dated March 30,
1965 and Auguet 7, 1967, respectively, and recorded in Officfal
Record Book 166, Page 855 and Book 167, Page 1939, respectively.
public recorda of St. Lucie County, Florida, between DON D. RSSD,
BUGSN$ D. HAUGHTON and SPENCER B. GILBB~RT, as TRUSTBSS OF THE RBED
HAUGFITON MOTORS, INC. PENSION TRUST, as Leasor~ and gARMAN OIL CO;,
INC., as Leaaee; and, ~
WHERSAS, EARMAN OIL CO., INC. no~w 8eeke to cancel the Agreement
of Leaee above referred to and in connection therewith UNION OZL -
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COMPANY OF CALIFORNIA haa been requeeted to release ita righta under
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f said Collateral A eement and has a
f gr greed to do so.
~ Now, therefore, in coneideration of Ten Dollars ($10.00) cash
in hand paid, and other~good and valuable conefderatione, the receipt
and sufficiency of which are hereby acknawledged, the underaigned,
~ UNION OIL COMPANY OF CALIFORNIA, doea hereby release, relinquieh
~ and surrender any and all of ita right and interest in and to the
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~ aforesaid Collateral Agreement, Agreement of Leaee, Amendment to -
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~ Lease, and the real property described therein; provided, hawever,
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~ th~t nothinq contained ahall ever be co~atrued aa releaaing or
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~ affecting in any way of the righta of UNION OIL COMPANY OF CALIFORNIA
~ i~ any other property of EARMAN OIL CO., INC.
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