HomeMy WebLinkAbout0877 '
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~ ' ADDBNDUM TO AGRESLrlENT
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BY AND HETWSSN Landmark Financial Corporation hereinafter
referred to aa Purchaser and ~oyt C. Murphy and Lewis E. Witt
herei~after referred to as Se~lerA.• Thie Addendum entered into
this ~;1 7T~ day of ~ , 1975 by and between the
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above partieas
W I T N S S S S T H a
In consideration for the mutual pranises and covenants con
~nii"a23 i'ai ~ ic r'at~~~csTscisi a,-ni ~i#S .~c.iu~si:uwu, ciii's ~Sariie~ Y:~i~cc~ ayree
as follows:
In the event that Purchaser has not obtained its reqistra-
tion from the 5tate of Florida, Department of Banking and Finance,
Division of Securitiea and offered for sale to the public, such
registerecl shares of stock at a price of not Iess than Three
Dollars and 00/100 ($3.00) per share within one hundred and eighty
(180) days from the date of recording of the Deed to Purchaser, the
in that event, Sellers shall have the right to rescind this trans-
action and demand the reconveyance of the real e$tate back to
, Sellers. If auch an event shall occur, Sellers ahall pay all costs
required to reconvey the real eatate and simultaneously, Sellera
sfiall recanvey the sixty thousand (60,000) ahares of corporate
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~ stock back to Purchaser. The de~d of reccnveyance for the real
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j estate shall be by special warranty deed.
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i IN WITNESS WHEREOF, the parties hereto set their hands
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~ and seals this .,,77.2~ day of ~y~~-t-~z _ , 5.
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~ WITNESSES: ~
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~ LAN MA F IAL CORPORATION
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