HomeMy WebLinkAbout0155 The above indebtedness may be prepaid in whole or in pArt without penalty, but any pre- .
p~ya?ent less then the full balance shall be credited against the last maturing installment.
v.
Al1 other terms, conditions, and covenants contained in the note dated June 28, ~
1977, and the security agreement dated June 28. 1977,~sha11 remain in full force and
effect; and all terms and conditions contained in all other agreements, including, but
not limited to, the guara~ty of Arthur O. Stone and S~irley Stone and the guaranty of
Buning The Florist, Inc., held by The Dania Bank as an incident to the creation of the
obligation by which Florists Clearing Network, Inc., became indebted to The Dania Bank,
as aforesaid, shall remain in full force and effect.
VI. ~
That for~divers good and valuable considerations, and also in consideration of the
present outstanding principal balance of S45Q,000.00 due on the note dated June 28, 1977,
hereinafter described, and in consideration of any and all sums due, or which may become
due from Florists Clearing Network, Inc., a Florida corporation, to The Dania Bank, a
Florida banking corporation, and in further consideration of the direct, positive and
substantial benefits to be received both by Buning The Florists, Inc., a Florida corpor-
ation, and by~Arthur O. Stone and Shirley Stone, husband and wife, and each of .them,
individually, as the result of the iuodification and extension of the terms of the note
dated June 28, 1977, as set forth herein, Buning The Florist, Inc., a Florida corporation,
referred to in the within Article VI as the "l4ortgagor', and'Arthur O. Stone and Shirley ~
Stone, husband and wife, referred to in the within Article VI as the "MOrtgagors', do
grant, bargain, sell, alien, remise, release, convey and confirm unto The Dania Bank,
referred to in the within Article VI as the 'Mortgage~', in fee simple, all of the follow-
.
ing described lands s.ituate, lying, and being in various counties within the State of
.
~ Florida, to wit:
{ ,
~ Lands held in fee simple by Buning The~Florist, Inc.:
E ~
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~ The South 1/2 of Tract B, less the West 150 feet, CORAL REEF
~ ESTATES, according to the plat thereof recorded in P1at Book .
81, page 74, Public Records of Oade County, Florida, said
lands, situate, lying, and being in Dade County, Florida.
~
~ Lots 22, 23, 24 and 25 and East 20 feet of Lot 21, Block 6,
~ AUBURN HIGHLANDS SUBDIVISION, as per map or p2at thereof, as
~ recorded in Plat Book 12, page 38, of the Public Records of
Hillsborough County, Florida, said lands situate, lying, and
beinq in Hillsborough County, Florida.
The East 200 feet of the South 165 feet of the S 1/2 of the
S 1/2 of the NE 1/4 of th:~ NE 1/4, Section 27, Township 28
South, Range 18 East,~Hillsborough County, .~'.oric~w, LESS Ehe
~ South 15 feet of the S 1/2 of the NE ;.ne NE 1/4 of
~ Section 27, Township 28 South, "r.ange 26 East, t:illsborough
~ County, Florida, LESS right of way for Armeia Avenue, said
lands si.tuate, lying, and be`i:~g in Hillsborough County,
~ Florida. ,
~
` Lot 11 of TOTTEN'S SUBDIVISION, as per plat thereof on file
in Plat Book 5, at page 53, of the Public Records of St.
~ Lucie, County, Florida
~ ALSO ~
~5
~ Commencing at the Northeast corner of the NW 1/4 of the
~ SW 1/4 of Section 10, Township 35 South, Range 40 East and '
" run West 315 feet; then South 135 feet; thence West 105 feet;
~ thence North 135 feet; thence East to the Point of Beginning
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