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STATE OF FLORIDA
COUNTY OF ST. LUCIE ATTORNMENT AGREEMENT
THIS ATTORNMENT AGREEMENT, made and entered into by and
between JOHN H. SUTHERLAND, an undivided 1/4th interest; JONNIE
DAHLSTROM, an undivided 1;2 interest; and LAURA B. HANCOCK, an
undivided 1/4th interest ("Mortgagees"), parties of the first
part, and FAIRLANE/LITCHFIELD CO., INC. ("Fairlane"), party of
the second part,
W I T N E S S E T H:
WHEREAS, Mortgagees are the owners and holders of the
promissory note and deed of trust covering the real estate
described on Exhibit "A" attached hereto and made a part hereof,
said deed of trust being recorded in Book 295 , on Page 1911
in the St. Lucie County, Florida, Public Registry. ,
WHEREAS, Fairlane proposed to lease the premises described
on Exhibit "A" from Ronald C. Kutschinski; and
WHEREAS, for better enabling Mortgagees to receive and
enforce payment of said deed of trust and to protect Fairlane,
its successors and assigns in connection with the lease of said
premises described on Exhibit "A";
NOW, THEREFORE, IT IS AGREED by and between the parties
as follows:
1. Mortgagees hereby recognizes the interest of Fairlane
under the lease and covenants and agrees that possession of
Fairlane and the enjoyment of the rights granted under the lease
will not'be disturbed until such time as Ronald C. Kutschinski,
his successors or assigns, shall have the right to terminate the _
lease or to recover possession of the premises described on
Exhibit "A".
E
2. Fairlane covenants and agrees that if by reason of
default on the part of Ronald C. Kutschinski that Ronald C.
~ Kutschinski's ownership of the premises described on Exhibit
k "A" is terminated through foreclosure proceedings brought by
Mortgagees, their successors or assigns, Fai-rlane will attorn
to the purchaser in foreclosure proceedings, as the case may
be, and will recognize such purchaser as Fairlane's Landlord
under this lease.
3. For the purposes of this agreement only, Fairlane
waives the provision of any statute or rule of law now or
hereafter in effect which may give Fairlane any right or
4 election to terminate its lease agreement with Ronald C.
Kutschinski, or to surrender possession of the premises _ ~
described on Exhibit "A" in the event such foreclosure pro-
ceedings is brought by Mortgagees, their successors or assigns
pursuant to said deed of trust.
4. The parties hereto agree that the provisions of this
agreement-shall be binding upon trustees in deeds of trust,
60GK 304 ~Ac~ 2$32
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