HomeMy WebLinkAbout027-Assignmnt of Lease-WhelchelASSIGNMENT OF LEASE
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THIS AGREEMENT Made and entered into this 15 day of
A. D., 1969, by and between DAVID M. WHELCHEL
of an ord, Seminole County, Florida, party of the first part,
and MAYFAIR INN, INC., a Florida corporation, having its principal
place of business in Sanford, Seminole County, Florida, party of
the second part;
WITNESS: That the parties hereto for and in considera-
tion of the sum of Ten Dollars ($10.00) each to the other in hand
paid, mutually covenant and agree to and with each other as fol-
d lows, to wit:
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o transfers and delivers unto the party of the second part that
Z certain Ninety -Nine Year Lease dated the 11th day of October,
e A.D., 1949, originally entered into by and between the City of
Sanford, Florida, a municipal corporation created by the laws
of the State of Florida and existing in Seminole County, Florida,
therein described as the Lessor, and Hugh C. Whelchel and J. A.
z Ponder, both of Sanford, Seminole County, Florida, therein re-
m ferred to as Lessees.
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0 2) That as part of the consideration for the assign-
ment of said Lease, the party of the second part agrees that
g on the effective date of this assignment it will assume the
LL obligations and terms of the Modification and Consent Agreement
dated the 5th day of November, A.D., 1965, by and between the
City of Sanford, Florida, a municipal corporation, and David M.
Whelchel.
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c 3) That it is agreed by the parties hereto that the
a party of the first part, DAVID M. WHELCHEL, will still be bound
to and under the terms and obligations of that certain Modificatioi
o and Consent Agreement referred to in Paragraph 2 above and nothing
herein shall be construed to relieve the party of the first part
from the terms and obligations set forth therein.
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0 4) That the party of the first part evidences to the
City of Sanford, Florida, a municipal corporation, that the
p majority stock in the MAYFAIR INN, INC., a Florida corporation
is owned by David M. Whelchel and will continue to be owned by
David M. Whelchel for and during the period of his natural life
unless approval is given by the City of Sanford, Florida, to
transfer the said majority stock.
IN WITNESS WHEREOF, the said party of the first part
has hereunto set his hand and seal and the party of the second
part has caused these presents to be signed in its corporate
name and its corporate seal to be hereunto affixed by its proper
executive officer attested by its secretary on this the day and
year first above written.
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THIS INSTRUMENT WAS PREPARED BY
THOMAS G. FREEMAN, JR.
ATTORNEY AT LAW
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Signed, sealed and delivered
in the presence of:
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' DAVID M. WHELCM
As top ty of the first part
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persons named in and who executed the foregoing Assignment of
Lease, who acknowledged before me that he has executed the same
P < freely and voluntarily for the uses and purposes therein mentioned
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WITNESS my hand and official seal at Sanford, County
3 of Seminole and State of Florida, on this the _ day of
A. D., 1969.
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r My Commission Expires:
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STATE OF My Commission Expires Oct. 24, 1969
COUNTY OF T
9 A & 0.nd.d ar America. fib a fuuelry Co:
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° ,f I��HEREBY CERTIFY that on this day b fore me perso
0 appeared rt:� y,,
Z to me well known to be the ,,, and
q respectively, of Mayfair Inn, Inc., a Florida corporation, who
acknowledged before me that they executed the foregoing Assign-
ment of Lease as the act and deed of such corporation, and that
as such officers that are fully authorized and empowered so to do.
WI NESS my
and and official seal at
County of and State of ,
on this 11�- day of A. D., 1969.
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My Commission Expires:
Notary Publi State of Florida at Large
s t My Commission Expires Oct. 24, 1969
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MAYFAIR INN, INC.
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President
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As to Ofirty of the second part
Attest.
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Secretary
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STATE OF FLORIDA
COUNTY OF SEMINOLE
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I HEREBY CERTIFY that
on this day before me
personally
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appeared DAVID M. WHELCHEL, to me well known to be one
of the
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persons named in and who executed the foregoing Assignment of
Lease, who acknowledged before me that he has executed the same
P < freely and voluntarily for the uses and purposes therein mentioned
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WITNESS my hand and official seal at Sanford, County
3 of Seminole and State of Florida, on this the _ day of
A. D., 1969.
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.� "Y Notary Public, State of Flori
r My Commission Expires:
o.
' - i Notary Public, State of Florida at largo
STATE OF My Commission Expires Oct. 24, 1969
COUNTY OF T
9 A & 0.nd.d ar America. fib a fuuelry Co:
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° ,f I��HEREBY CERTIFY that on this day b fore me perso
0 appeared rt:� y,,
Z to me well known to be the ,,, and
q respectively, of Mayfair Inn, Inc., a Florida corporation, who
acknowledged before me that they executed the foregoing Assign-
ment of Lease as the act and deed of such corporation, and that
as such officers that are fully authorized and empowered so to do.
WI NESS my
and and official seal at
County of and State of ,
on this 11�- day of A. D., 1969.
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Not k"WA lic
?f OTAY
My Commission Expires:
Notary Publi State of Florida at Large
s t My Commission Expires Oct. 24, 1969
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CONSENT AGREEMENT
THE CITY OF SANFORD, FLORIDA, by and through its under-
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signed officers and officials do hereby consent and agree to this
Assignment for the further consideration of the party of the
second part herein, agreeing to assume the obligations of the
`o Modification and Consent agreement dated the 5th day of November,
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' A.D., 1965, by and between the CITY OF SANFORD, FLORIDA, a muni-
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cipal corporation, and DAVID M. WHELCHEL.
IN WITNESS WHEREOF, CITY OF SANFORD, FLORIDA, has
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a caused this approval to be executed by its Mayor, attested
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M by its City Clerk, on this day of A.D.,
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Signed, sealed,
and delivered
CITY S N ORD, FLORIDA
in the presence
of:
By: -�
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Attist: �aamt�
a�Er- City Clerk
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STATE OF FLORIDA )
ro COUNTY OF SEMINOLE )
BEFORE ME , the undersigned authority this da}};; per -
i sonally appeared C °4n.od and dt,ae�Th, /9'crcvree�a/
p to me well knoW to be the parties named in and who
z executed the foregoing approval as Mayor and City Clerk, respec-
tively, of the City of Sanford, Florida, a municipal corporation,
and they acknowledged before me that they executed the same for
II and on behalf of and as the free act and deed of the City of San-
ford, Florida, and that they are thereunto duly authorized.
IN WITNESS WHEREOF, I have hereunto set my hand and
official seal at Sanford, Seminole County, Florida, this
day of �n2a� A. D., 1969.
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My Commission Expires:
Notary PAt;<, State of flurida at Large
My Comrisiion Exaires Oct. 24, 1969
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