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HomeMy WebLinkAbout0974 D~ ~ ~iO, .t e•. ~ f r-~ ~ J i - . , I A G R E E M E N T CYi'~~ ~ AGREEMENT ENTERED INTO thi.s first day o~ November, 19G5, by and be~.ween PHILIP LEVTN~ af Colchestpr, Connecticut, ~nd ; ; LESTER LOY~E o~ Canandaigua, New York. ~ ' Whereas said Philip Levine is the owner ~nd holder of three certain mortgages of record, here.~na~ter described, encu:a~4r- ing the land in the County of St. Lucie, State of Florida, to-wit: NW~ ~f SW~ an8 NE~ of SW'~, Excepting right of way fnr canal; and that part of NW~ of SE~ described ..~v ~!~;~i~~i;~~~~ ~ as fol.lows : Beginning at the Northwest corne~c of ~w o the sa3d NW~ of SE}a therice South 48 feet to the o South right of way of canal, thence continue South ~ 1254 fee~ to the center line of ~n existin roacl . thence Northeasterl alon the center linegof the Y 5 L:•.'~>~;-:`±,~~~f`,~• existing road 767 feet to the West right of way of 4::::,:..•, ~ a;~~,~ Gentile Road, thence Northerly along West right of - w~ way 779 . 2 feet, , -llz~~ ~ thence j4est 273 feet ~hence North ' ,~~"{s 360 feet to the South right of way of canal, thence ~ ° ~ ~L ~ a ~ m n-. West along the South right of way of canal 570 feet .~ol{uniili!~e~ to the point of beginning, all in Section 22, Town- ship 35 South, Range 39 East and containing 97.56 Al~d(10~ acres more or less; z 31~f11 '1S «~ereas the aforesaid mortgages owned and held by said Philip Levine are styled and recorded as follows: 1,-By A1gan ; Corporation to David Gilson et ux, dated Jan. 10, I9~7, and rPCOrd- ed in Mortgage Book 133 at page 298, S~. Lucie County Records. 2,~ ; s By Albo Corcporation to Algan Corporation, dated Mar. 22, 1957, filed Mar. 29, 1957, and recorded in t4ortgage Book 135 at pages 409-412, aforesaid Records. 3,-By Edward Levine to Philip Levine, E dated May 9, 1963, and recorded in Of~icial Records Book 63 at page 353, aforesaid Records; Whereas said Lester Boyce is now the fee owner of the ~ ~ afore-described property encumbered by the aforesaid mortgages; ~~Thereas said Philip Levine hereby acknowlec~ge~ tha~ the combined unpaid principal balance of the seve_r.al notes secured by the aforesaid mortgages 3.s the sum of $20,000.00 with interest from F date hereof at 6% per annum; ~ W'hereas the parties hereto have agreed ~hat said Lester s t ~ Boyce sha1~1 promise and under~ake to pay the aforesaid balance of ~ ~ t~ ~ ~U~j~ ~ . ~ I