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HomeMy WebLinkAbout1203 . i FIRST ADDENDUM TO LBAS$ ' THIS FIRST ADDENDUM to that certain-Lease made the day of /~Il6vs~ , 1979 by and between MORRIS GATES and ANNA S. GATES, his wife, S. DAVID GATES and SYLVIA GORDON as Lessors and IOANNIS ROUSSIS and CONSTANTINOS ROUSSIS, as Lessees hereinafter referred to ws the "Lease," W I T N S S S E T 8 1. Lessors and Lessees hereby agree that the Lease is subordinate and inferior to that certain mortgage of even date herewith- in the original principal amount of $100,000 .given by Lessors to the Sun Bank of St. Lucie County. 2. Notwithstanding the provisions of the last sentence of paragraph 19 of the Lease that all rights of Lessees under the Lease are also subordinate to said mortgage and the rights _ - ~ - - of Mortgagee thereunder. 3. Except as hereby modified, the Lease or the terms of the Lease are hereby ratified, confirmed and approved. IN WITNESS WSEREOF the par~t~i~es hereto have signed this First Addendum to Lease this ~~t-= day of August, 1979. Witnesses: M- G TES' ~ to Mo ris Gates L~.r.`K~ ANNA S. s to S. Gates • DAVID TES to S. avi Gates • ~ SYLVIA N P. As to Sylvia Gordon "Lessors" -10- ~~~~3~~ ~~f~ MtILL ORIIflN JtIIRItS i LLOYD CMANTENEO - r O-0071 1270. ~OIIT Mt11G[. fLbRIDA 33460-TtLE~MON[ (306)464.200