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- ~ A~ R E E M E N T ~ ~
'TtIIS AGRE~MENT made and entered into this ' day of Novemb ~
. ' ber, Ao D„ 1964, b~ and betwaen IAU~S FTSCHER ar.d ~DSON ARNOLD,
~?ereinaf~er called parties of first p~r~t, and JONN JOHANSEN and ;
DENNIS BLANDFORD, hereinaft~r called parties of ~he second par~. `
,
WHEREAS, the said EDSON ARNOLD and LOUIS FISCHER, as owners '
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of the foLlowing described real praperty, to»wit: ~
S~uth LQ.13 chaina o£ Lot 2, East of O]~d Dixie Highway ~
- and North of ~ieach Road, except to Rai~road righ~•.of~•way
. and except to Fort Pierce Finance and Construction Com~ ~
pany $nd to Herbert Haughton, in Section 34, Town$hip 34,. ~
' South~ Range 40 East, St. Lucie County~ Florida, together
with ri.parian rights.
. and, . , . . ,
. WHEREA5, ~he said parfiies o£ the first part have, on the 23rd
day of November, A. D. 1964, executed a pr~missory no~e secured
. by a cer~ain mor~gage on the here~ofore described property, to the -
~ St. Lucie County Bank; the said note in the principal amoun~ of
$ 10,00U.00, and "
~ WHERF,AS, parties of the f irs~ par~ execu~ed said note for the
_ use and benef it of the parties of the second part, ~he proceeds
• of which are to go to the improvement of the ~heretofore described -
~ ~ premises, and ~ ~
~WHEREAS, DENNIS BLANDFOFtD and JOHN JOHANSEN have received the
proceeds and benefits of the heretofore described L~an from St. -
. Lucie County Bank~ and pt~rchased certain equipment pertinent to
~ operating a f ish house on ~he hereto~ore described premises.
NOW, THEREFORE, BE IT AGREED, for and in consid~ration of the
, benefits granted to par~ies of the seeond par~, said parties of
the second part do hereby covenant and ~ree with said parties of
the f irst part~ that ~hey will not remove, take away, alter, cot~•
, mit waste or in any way exercise d~minoin over the equipment and
. fixtures and chattels now used in the operata.on of the ~ish house
~
~ located on the hereto£ore described premises until such time as th
prc~missory note and mortgage herietofore described on the here~pfore
described proper~y to St. Lucie County Bank i~ eatisf ied in ful~.~
CMI?ItLES E lECH?
ATTORNEY AT LAW ,
iT. LNCIt COUNTY ~ .
~ANK lLDQ, ' . . •
ROItT rl[RCt. FLORIOA ' . ,
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