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C~3n0~ 4~U Qc~c~O C~~Qc~t~c~ D~ti~Oop~~r~~ Qo~pc~~~
February 11, 1977
W/ll~sm C. Co: R~ston Int~rn~t~o~~l C~nt~r
YKL CY[S~OFh/ IIIlANC(
I1e00 Suerla~ Vail~y Ortw
, R~ston, Vlr9inls 22091
First Federal Savings and Loan .
Association of Fort Pierce
500 Virginia Avenue -
Fort Pierce, Florida 33450
Attention: William E. Braun
Senior Vice President
Gentlemen:
~ The purpose of this letter is to advise you that
Joe L. Rrchnak, as Assistattt Treasurer of Gulf Oil Real ~
Estate Development Company, is authorized to execute on
behalf of Hutchinson Island Limited Partnership all such
documents, certificates and aqreements, including but
~ not lfmited to notes, mortgages and construction loan
agreements which shall be required by you to ~omplete -
the-~constructfon loan in the amount of $1,180,000 to
be made by you~to Hutchinson Island Limited Partnership
for the project knawn as Ocean Villas II.
Sincerely yours, -
~!;e~
. • -
William C. Cox
ATTEST
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CLLl~ ~ ~ TEIEP?tONE: 703/171-aAlp ~
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