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to Johnson and, if the same be not promptly paid on the due
date, the amount of such unamortized advance shall accrue
interest at the highest rate authorized by law.
11. Johnson enters into this aqreement in reliance
upon the integrity, reliability ability and competence of
Hall. Accordingly, this agreement may not be assignable
by Hall except upon the written consent of Johnson executed
in its corporate name by an executive officer thereof. Also,
in the event of the death or incompetency of said William
R. Hall, and provided Betty P. Hall is unable or does not
desire.to continue under this agreement, Johnson at its sole
option may give 60 days' notice of termination of this agreement
and upon the expiration of such 60 days, Johnson may demand
and become entitl~d to receive the amount of its then unamortized
advance.
13. This agreement shall be binding upon the successors
and assigns of Johnson.
IN WITNESS WHEREOF, this agreement has been duly executed
in two counterparts by the parties hereto, on this, the day
and year first above written.
WITNESSES:
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As to First Party
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As to Second Party
Joh so~ Oil C y
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Its Vic esi
"First Party"
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William R. Hall ~
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Bet P. Hall
"Second Party"
STATE OF FLORIDA
COUNTY OF ST. LUCZE
I HEREBY CERTIFY that on this day, before me, an officer
duly authorized~in the State and County aforesaid to take
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FEE. KOBLEGARD 8c TEEL. P. A. g~oK3~5 PIGE t74t~
ATTOl1N[Vf AT LAW
-OST O'/IC[ SOX 1000
FORT rl[RC[. rLOR10A 3l404
Ttl[-NON[~ (~06) 461•5020