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HomeMy WebLinkAbout0610 I~~ ~ BOWLING PRODUCTS GROUP • Jericho Turnp~ke, Wesfbury. New York 11590 ~~51V~ AMFlNCOAPORATED ~ MORTGAGE~'I'RUST MODIF1CATION,'VAIVER AiYD CONSEI~T AGREEMENT, made the . 1Oth _ d y of . July, , 19 78, by and between . . . _ Dav~ d G~ h~b~~c ~m~oa Ager~y _ _ _ - : ~ Nw of llwt~~s«d'!'?wuN . . . . Fb~t P3~ett~e, Flaari~c3a : _ _ . (BwlseM A+1rw~1 ~ mortgagee/holder of a trust deed of/on certain premises and/or bowling alleya lceated at . 7402.. Sotlth F?ederal H3,9t?~!l~tYt.. Po~t.. St~ . LuC3e~.. F],Q~,~d. _ . _ _ . . . _ . _ , and :~ea~ ot ~~a+~ .~a.s ~•~b.~ P(I~T ST. I~lC.IE 7~L~.S, INC. - . . _ _ _ 7401 South Fe~eral x~ erRhutor? ' . . . _ ~9~Y. ~~o~t `~"t. Iiucie, Fl,ar3da . . . lBwiaeN Addrew! the mortgagor/trustor of s~id premixs and/or bowling aUeys leasal to: . . _ _ . _ not.. leased _ _ _ _ . ~7~p.e~? (1) Said mortga ee7trustee is the owner and holder of a mortgage/~rus#9de~. ~nd&no~e,yri ~ the a~~~~q~yc~~ premise~ and/or bowli~alleys pursuant to mortgage indenture/Trust Iked No. ___._..464_.._, __!f_... dated _ _ .._..__...__._..____~_..__.._w and represents ikat said mortgage/trust deed has not been recorded unless ~therwise indicated-below: Place oE recording: ._.~aLiC e CQt~llt~l---.-....FLSZ.=.1.5~~..__..._.- Date of recordin February 23, 1978 ~ g: Book and page: __O;R.Book 282, p~1234_and _O.MR._ Book 282, p; 1237 t21 The mortga~«r/trnant ~f Ihe mortgagor has rnt~rrd into or is alr,ut to enter into a lease agrrem24 and'or c•un- ~litiona! ~!e runtrai•1 and/or ~•haltr) ~u~,rl~aKe rith ~~JIF Incurporated tor the installatiun and use ~~f (numbcr 1 ~ ~~IF :1u~~~mati~• 1'im~«~tt~•r uiarhin~. an~! certain «th~r rna~•hincs andl~~r equepnunt sExyif,ed ~s f~~lluwc: ~ ~ S~E I~iTAQ~ AL~IXI~! A At~D B ~ in~•ludinr replacement. there~~( a~id appurtrnanc~ theret~~. ~~hi~•h machinec and/or equiE?~nent ha~e l~een or are to t?e in~talled ' antl u~c•d at Q~e abo~-e menti~~ncd prcmiccs. NOW, THEREFORE, in consideration of the agree-nent to lease said AMF Automatic Pinspotter machines ; h~ A~1F Incorporated andJor to sell the aforesaid equipment under said time contract by AMF Incorporated, tor~~lher ~~ith other g~~od and valuable ~•unsideration, rce•eipt of ..hich is herrb~• acknoMle~lged, said mortgagee/trustee cun~•nta to the in~tallatiun and u~e of ~aid machines and ur eyuipment and he~eby agrees: that said rnurtgagee/trustee shal! nut ha~e ~?r acyuire an~• right. title ~~r intcre•t in or to ~aid machirtes an~l/or cyuipment b~~ reacon of attachment thereut to tlir pr~u?ic~, ur u~hrrr,i~_ that the r~pr~~ntati~~. a~enta and empluyees o( AA1F Incorporated, its .uccec~ors and assigns. may enter u~x?n ~aid premi~ and remo~~e ~aid machine~ andlor equipment in the ecent o( hreach, termination, suspension. or ~•ancellatiun o( an~ a~rc~nu~nt w~der Nhieh ~aid n~arhines and %or eyuipment are in~talled and/or u~ed aed said inortgagee' ` ~rust~~e hrrel?~ expn~~h ~.ai~c~ in facur n( A1}F lncorEx~rated, its succe~~urs and a~~igns, any claim. interest. right or lien now " iu Pxi~ten~r ur hereafter acquired in, on ~~r to the ~aid machines and'~r equipment. replacesments ihereof and additions lher~to. tih~~uld the mnrtragee/truster refu~e tu allua~ the a~ents and empluyees~of A~iF' Incorporated, its successors and a~~ign¢. to entFr u~~n said premis~ and remove ~aid machinc~ and/or equipment then said refusal shall entide AMF Incor- purate~) to rcr~?~•er frum the mortgagee trustee the +lamages re~ulting (rum said re(usal. Said damages sha4 consist o~ the dimini.hment in the value of the machine~ and or e~~uipment or the rea~aunable return for the machines and/or equipment, whichr~er i~ greater. plu~ any~ ~ums c~nl bc A~1F In~•~r~K?rated in ~rder to obtain ~?oc~sion of ihe machines and/ar equip- ment, in~lucling reasonai,le attorne~~s fees and cost~. Thi~ murtga~e tru~t m~wlifiea[ion. wai~•er and c~~i~~nt ~hall F~e binding u~n the heit~, executors. administrators, ~w•~•r~surs and a~~ign~ wf the under~igned. I~ WIT\ES5 ~F'HI~:ItEOF. the ~?arties ha~~e dulc execuled this in~trmnent as of the da~~ 6rst aborF mentioned. . f ~ • ~t,;. L1AVID G. . Wi . . ;_i~ W~c~ . . ~ . ~ f ' 1 . . : . ~w~w..... . r; _,.:...r, ep . rb~a. c.o..i. I.oqblua l[ie6ina iea . I~rr Hasplln 1. 01b ~ : ' . Ct ; ..~..;.E. ~ ' : lo~t? Cu~oW~ erooat bcoods ot6er ~tatM . . . . . . _ ~ _ c,y~'•`L_ s ':~7}7' 2 no~t.) ' • (llort~~s~e - : a . a Act~.c: Q A ~ ! D C~: h1,z t~ ' - ~r , . ; : { ~ " (i{',~~, ~ Br ~ - • y;-r _ _ n~ h ~Y~i~~ u ~O~yKK~fWLN K • f~NYC~~ ~~~L~ • •~tI1.,' ~'a", ~ ~ i Y~ : f': ~ 9 (COt~roture s~?L) TYPE OR Pa1M' NAMES ~ . : ~ , _ ~ BELO~ AI.I. SIGNATURSS _ - P(~i~ 9T. I~L~lE IANES ~ II~. ~ - ~ - , - _.T/S..Port_St._ Iuci,~ Iar~es~..~.:.:.,......--- (L•`5.)~ = i Attest : - ~ ~ ) - ~ ~ ~~r~~~ - : ~ > ; ~-T/~r.G'1.-~-~-~ tt,. S.) ~ . By............_ • ; 18~eret~?s. I! 1lort~~surR~wtor M~ eorpontlo~l ITlele) ~ail E.''. ~.CZ pY~$ ; ~t'~~NI'~~It~TE SEAI.? - ~ Form 40, P-JOSC-6-ll ~ , ~ ~ M BuO~c ~ PAGE ~V~ $ ~ . " . . - ~.-U T , ` l~\"+};~' ' _ _ _ _ _ ~ ~ ~ ~ ~ k - _ "~-'s~ ~"~~r~~,~. . r'~~ s~~ i~~'~