HomeMy WebLinkAbout0546 `
~ JOINT VENTURE
Agreement made on August~1978 between the following
~individuals:
~ Raymond E. Sapp and Janet S. Sapp, his wife~ a one-
{
third (1/3) interest and as one member.
~ Walter Krone and Joanna C. Krone. his wife, a one-third
~ 1 3 interest and as one member.
~ / )
Jacob F. Vander Maten, a one-third (1/3) interest '
+~to engage in and carry on, as joint venturers, the purchase, ;
~
'!the rental, operating of business, installation of improvements
`,and the sale for profit of the following described real i
~~property:
Lots 5, through 13, inclusive, Block I, Lots 18 through
26, inclusive, Block J, BEN HOGG'S ADDITION, according
~ to th'e'plat thereof as recorded in Plat Book 1, pags 1~ ~
Public Records ot St. Lucie County, Flgrida. ~
_ ~
Such enterprise will have its mail office at 920 Orange ,
~
i
.Avenue, Ft. Pierce, Florida will be conducted under the name of:
THE COLONIAL JOINT VENTURE
1. CONTRIBUTIONS
(a) ~ature and Amount of Contributions. The nature ;
,
i and amount of the contributions of each of the above parties
~`to the venture are an equal one-third (1/3) share of all of
;
the expenses reasonably necessary to accomplish the above
~
~
f set forth purpose as follows:
i Raymond E. Sapp and Janet S. Sapp, his wife,$60,OGG represent d
~
~
~ ~`•,by a mortga~e in said amount to Sun Bank of St. Lucie County, Flori a,
~ ~
~ ~~for the payment of which they agree to become solely responsible.
€
~ ~I t~talter Krone and Joanna C. Krone, his wife $60,000 cash.
¢ ~ -
Jacob F. Vander Maten, $b0,000.00 cash.
~ 4'
°
~ ~
E
~ '
R 1i
~
; ~1
~ I:
ij
' .
' i!
t -1- .
5 _
I~
_ ~
~ .
~ Rtt,HARO P. BOGOSIAN ~
ariORNEY AT lAri ( 4
~ :~•~a tryF!WTV iIRSTSTREET ii
~ E w0 BEACH. FIOR~DA i j ~
~ BooK 310 ~aGE 546
~ „ ~
~
~ _ _ ~