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HomeMy WebLinkAbout0190 7tus Instrument Was Prep;.~c~ Ly; ALBERT L. ROSEN, Corpo~.,~a Counsol ('iw~b~al Develupment Corpo~otipn ~AlIT1AL 11tL[AK OI MORT~AO~ ~M ~111 S. 8ayshore Orive ~wco~r~oiu?~~owl ~ i , `~l~Flor~ds3il~l t ~ • ~ ~ ~ ~ ~ ~ ~ao~r Ali ~rn ~l~ ~~PBP ~1'P~pnfB: . IIHBREAS, WHITE CITY UTILITIES CO., a Florida corporation,~ 6y /wdewrure oj Mon~e d.~ed tk~ lst ol December . A. D. 19~q . ~nd recarded ia tl~e o jke oJ tl ~e CNrk o/ the Cin~~t t Court iw ~nd Jo? tke Cowur oJ S t. Lu c i e j O~~~cord ~ ~ ~ ~ ~o Stste o F~orids, iu 2 3 6 ~~'°s° 2 9 0 9 '~'01~~ GENERAL DEVELOPMENT CORPORATION, its successors s~d ~i~eu, ~he pre,niaea tkeniw p~rtic~lartr ducribed, to aecure tke papment o/ tke awn oj SIX HUNDRED SIXTY THOUSAND TWO HUNDRED FORTY AND NO/100ths ~Y~ _ ($660,240.00) DOLLARS witA t~tawt ~a tbsntw ~w~tiow~d: ~ f a ~ 't AND 1~'HEREAS T~1B SAID WHITE CITY UTILITIES CO. ha~ ~ req~ted, the asid GENERAL DEVELOPMENT CORPORATION tO ~d°Y° P~eM~ f he?einsjt~ deac~+be~ be~+!S P~srt oj ssid w~td',6ed Prerniaes. Jrom tke lien a~d operation oj asid Mort~e: ~ # ~ NOW. THEREPORE. IC1YOli Y&. Tli~t tl~ a~id GENERAL DEVELOPMENT CORPORATION ~ ~ weU i~ oonaidentiow o/ tke premiaa ~a oJ tke au m o/ TEN AN D NO/ 10 0 th s($10 . 0 0) ------------------------------------------------poUors.w it ia kancl psid by the asid WHITE CITy UTILITIES CO. ~ .r tlke ti~we o j arewtiaa ~eo j. tke recapc wkereo j ia kvebp .cluwwted~ed, do remiae. rdewe. 9~f~d~i+w, aoor~rst~ ~nd diachsrse Jron~ the ~ien ~nd op~otian oj aoid nwrt~e Y I~'~ w~to tkt aajd - WHITE CIT Y UTILITIES CO. ~ ` ' ts successors 1rM+~ ~+~d ~i~w, sl~ el~e ri«~. p~++c~1 a? a+~ce e1 f~nd b~iw~ ~ Psrt bl Pr~~ ` ~ } ~ ~onwy~d 6y asid ~o~tpa~. so~oit: . ~ . ~ E Those certain parcels of land as more particularly described in Exhibit "A" attached hereto and incorporated herein by reference. TO NAYa A1VD ?~0 HOLD sAw «i~ ~oie~ eJ~ spp~ve~MdM. w~to eh~ atd WHITE CIT.Y UTILITIES CO. , its successors a+~d ~ai~na. ~oreuer. jreed, esa~+sted ~d djack~?aed oJ ~nd Jron~ tke lien oJ as~d nw?t~R and everY port tkeno/: Provided al~osya = t 1{et7dt~?Qjli1. l~it !{Ol~til{~ ~illlll{ COl~ft7~d /r1Al~ iA 0/i~?fOf/8 illtpdirs Ojtsr Or fji/11iIt~I~t E~I! Rdlidr l~ 0? ~ incwnbronoe oj the sJorwsid Mon~a~e aa the re~nanins port oJ asid mortsaaad premi~, not l~tr~eby ~ sRleaied there j~ona, or any o/ the riahta and ren~ediei o~ tke koldes l~ereo j. . ~ 1N'1f~ITNF•S4 WHEREOF. tke asid More~es by ita dr~ly sut/~oaise~d o~ieen, /w s~ t p R,~ j~nt° ~ i t s b.ed .nd ~e.! tkL .Z.B ~ ' - ~ ' . d~ o~ MARCH . •1477; . ; ~ ~ ~ , . , . Si~ad, aesled owd delivered iw t/~ ~ oj: . i: r_-• ~ - . C .N . AL ~FVRj.nP T-~ '~~~n • r f~?? FBRM • - , : + ~V - ED , ay . , L . A. TRAU , r. ~ : j 4 tTORn~r ' . U r .ltteuad 6y ~p Y ~OOK ~VO II~LE . , s . e . . .v_~.- _ _ - ~ ~