HomeMy WebLinkAbout1283 ~N '
• ;
3~~~`'~3
E
~
~ MORTG~AGE OF LEASEHOLD
TNIS INDENT[lRE Made the 2~lth• day of Sepeember , 1975,
between FORT PIERCE FLYII3~ SERVICE, INC., a Florida corporation, -
party oF the first part, acid SUN BANK OF ST. LUCIE COUNTY, a
Florida banking corporation, party of the second part:
WHEREAS, by an indenture of lease, dated the 23rd day of .
October, 1973, and made between FORT PIERCE PORT AND AIRPORT
AUTHORITY, a special taxing district, as Lessor and FORT FIERCE
FLYING SERVICE, INC., a Florida corporation, as Lessee, the said
FORT PIERCE PORT AND AIRPORT AUTHORITY demised to the said party
ot the first part herein, the land and premises hereinafter des-
cribed for and during the term of fifteen (15) years, from the
lst day of November, Z973, at the annual rent of $2,400.00 per
year for the initial term and the renewal thereof, and subject to
the performance and observance of the Lessees covenants and the
conditions therein contained.
NOW TNIS INDENTURE WITNESSETH AS FOLLOWS:
l. The said party of the first part, in consideration of
the swm of SIXTY THOUSAND AND NO/100 ($60,000.00) DOLLARS to it
in hand paid by the said party of the second part, the receipt
whereof is hereby acknowledged, doth hereby assign~, transfer, and
set ove r unto the said party of the second part all and singular
~
~ the land and premises comprised in and demised by the said lease,
to-wit:
~.Y .
e Beginning at the Southeasterly corner of Lot 1
as shown on Plat showing southerly portion of
~ St. Lucie County Airport, in Sections 29 and 30
t~ in Township 34 South, Range 40 East, said plat .
t~~ being on f ile in the Off ice of the County RighC
r;`~ of Way Department and said plat having been
made by F. E. Englar in September, 1947; Produce
the East line of said Lot 1 Southeasterly a
distance of 275 feet to a point of beginning;
J
= - Bo~K 2.44 PAGE1284 -
~ .
_ . o n s =
_ _ , . ..w,_.,~.,_ s.r
~