AARON BILGORE - STEPHEN BRAGIN - MORRIS BLGORE - BILGORE LIQUIDATING TRUST
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T R U S TEE S'
DEED
O.R.630t PACt 1,813
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86196893
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THIS INDENTIJRE, made this ~2 ~ day of August, 1986, BETWEEN
AARON L. BILC':DRE, STEPHEN M. BRAGIN and MJRRIS BILC''()RE, as Trustees
of the BILGORE LIQUIDATING TRUST per Trust Agreement of December 6,
1984, recorded in O.R. 5908, Page 238, Pinellas County Records; and
with full power and authority to dispose of the real property described
in this conveyance,
of the County of Pinellas, State of Florida, Grantors, and
COHMUNITY REDEVELOPMENT AGENCY OF TIlE CITY OF CLEA.~lATER, Grantee,
whose post office address is Post Office Box 4748, Clearwater, Fl. 33518
of the County of Pine 11 as , State of Florida,
WITNESSETH, That said Grantors, for and in consideration of the sum of TEN .AND
NO/lOO DOLLARS, and other good and valuable considerations to said Grantors in
hand paid by said Grantee, the receipt whereof is hereby aclmo"\Alledged, has granted,
bargained and sold to the said Grantee, and Grantee's successors and assigns for-
ever, the following described land, situate, lying and being in Pinellas County,
Florida, to wit:
Subject to taxes for 1986 and subsequent years.
Subject to restrictions and easements of record, if any.
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LOTS ONE (1) through TEN (10), inclusive, Block 5, Hagnolia CO)
Park Subdivision, according to the plat thereof as recorded ~
in Plat Book 3, Page 43 of the Public Records of Pinellas
County, Florida.
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IN WI'TImSS WHEHEOF, Grantors have herelIDto set Grantors' hands and sefi's
and year first above written.
Signed, sealed and delivered
in our presence:
BILGORE LIQUIDATI
By: ~A '
Aaron L. Bllgore,
LSEAL)
(SEAL)
By:
... tep n,. a , Trus tee
By: ~tJ~~~lg~~rustee
(SEAL)
STATE OF FLORIDA
CDUNTY OF PlNELLAS
I HEREBY CERTIFY that on this day before me, an officer duly qualified to take
acknowledgme!1ts, personally appeared
It
AARON 1. BILGORE, STEPHEN M. BRAGIN and MJRRIS BILGORE, as Trustees
of the BILGORE LIQUIDATING TP~TST,
to me known to be the persons described in and who executed the foregoing insi~TI.Wl~1).t."
and aclmowledged before me that they executed the same." ,..C', ,,',
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WITNESS my hand and official seal in the County and State last afor~~aJ:~t?ii~)?i?;.;,~~:
dayoE August, 1986. .", ;.,'?;~:t.i;r::;~~:::~,~~\:},,;iih,(i~::.;i?<;';;:';~)
~w commission expires:
Notary Public. State of florida
MY. Comr:\IIeIOn exj)1rtI JulY 21...!"
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15 1581878340
40' -'
41
TOTAL
1. 26AG86
" 6.00
3,450.00
3,456.00 CHK
ee 7?d:t :n" _
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(sa;e coverage as Arerican land Title Association Owner's Policy - Form 1970 - Amended 10-17-70)
GUARANTEE OF TITLE (OWNER)
Attorneys/TItle Insurance Fund
ORLANDO, FLORIDA
OPINION ON TITLE
The Attorney, who signed Schedule A and who is a member of ATTORNEYS' TITLE INSURANCE FUND,
hereby renders to the insured named in Schedule A this opinion and advises that the estate or interest of the
insured in the real estate described in Schedule A is the estate or interest specified therein and is free of all
encumbrances, liens and other objections, except those shown in Schedule B, and those stated in the
Exclusions from Coverage.
GUARANTEE OF TITLE
SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS CONTAINED IN SCHEDULE B
AND THE PROVISIONS OF THE CONDITIONS AND STIPULATIONS HEREOF, ATTORNEYS' TITLE
INSURANCE FUND, a business trust, herein called The Fund, insures, as of Effective Date of guarantee
shown in Schedule A, against loss or damage, not exceeding the amount of insurance stated in Schedule A,
and costs, attorneys' fees and expenses which The Fund may become obligated to pay hereunder, sustained or
incurred by the insured by reason of:
1. Title to the estate or interest described in Schedule A being vested otherwise than as stated therein;
2. Any defect in or lien or encumbrance on such title; or
3. Lack of a right of access to and from the land.
In Witness Whereof, ATTORNEYS' TITLE INSURANCE FUND has caused this guarantee to be signed and
sealed in its name by its President and Executive Secretary, by direction of its Board of Trustees, to become
binding when countersigned by a member of The Fund.
Attorneys' Title Insurance Fund
By~9f~
/ v )Henry G. Ciocca
President and Executive Secretary
SEBIAL
OG-
1053775
FUND FORM OG (11/84 OS) 25M)
EXCLUSIONS FROM COVERAGE
The following matters are expressly excluded from the coverage of this guarantee:
1. Any law, ordinance or governmental regulation (including but not limited to building and zoning
ordinances) restricting or regulating or prohibiting' the occupancy, use or enjoyment of the land, or
regulating the character, dimensions or location of any improvement now or hereafter erected on the land,
or prohibiting a separation in ownership or a reduction in the dimensions or area of the land, or the
effect of any violation of any such law, ordinance' or governmental regulation.
2. Rights of eminent domain or governmental rights of police power unless notice of the exercise of such
rights appears in the public records at ,Effective Date of guarantee.
3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed or agreed to
by the insured claimant; (b) not known to The Fund and not shown by the public records but known to
the insured claimant either at Effective Date of guarantee or at the date such claimant acquired an estate
or interest insured by this guarantee and not disclosed in writing by the insured claimant to The Fund
prior to the date such insured claimant became an insured hereunder; (c) resulting in no loss or damage
to the insured claimant ; (d) attaching or created subsequent to Effective Date of guarantee;
or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid
value for the estate or interest insured by this guarantee.
4. The, refusal of any person to purchase. lease or lend money on the estate or interest covered hereby in
the "land described in Schedule A.,
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FUND OWNER'S FORM
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SCHEDULE A
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, Policy or
Guarantee No.: OG-1053775 Effective Date:
August 26, 1986
@ 5:44 P.M.
Mt:mber's File Reference:
217-345
Amount of Insurance: $ 690,000.00
1. Name of Insured:
COMMUNITY REDEVELOPMENT AGOCY OF THE CI'lY OF CLFARWATER
2. The estate or interest in the land described herein and which is covered by this policy or guarantee is a fee simple (if
other, specify same) and is at the effective date hereof vested in the named insured as shown by instrument recorded in
Official Records Book 6301 . Page 1813 , of the Public Records
of Pinellas County, Florida.
3. The land referred to in this policy or guarantee is described as follows:
Lars ONE (I) through TEN (10), inclusive, BLOCK 5, MAGNOLIA PARK
SUBDIVISION, according to the plat thereof as recorded in Plat
Book 3, Page 43,of the Public Records of Pinellas County, Florida.
217
ISSUED BY
BONNER, HOGAN,& PEARSE, P.A.
(Attorney or Firm of Attorneys)
MEMBER NO.
ATTORNEY-MEMBER'S SIGNATURE
~ost Office Box 1640
(Mailing Address)
Clearwater
(City)
Florida, 33517
(Zip)
FUND Form OG/OP/OPM~SCH, A (Rev, 1/77) (8/15/84 80M)
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SCHEDULE B
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Policy or Guarantee No.: OG-1053775
This policy or guarantee does not insure against loss Of damage by reason of the following exceptions:.
1. Taxes for the year of the effective date of this policy or guarantee and taxes or special assessments which are not shown as
existing liens by the public records.
2.
3. Encroachments, overlaps, boundary line disputes, and any other matters which would be disclosed by an accurate survey
and inspection of the premises.
4. Easements or claims of easements not shown by the public records.
5. ~
6. Mortgage from Community Redevelopment Agency of The City of Clearwater to Aaron L.
Bi1gore, Stephen M. Bragin and Morris Bi1gore, as Trustees of the Bi1gore Liquidating
Trust, recorded August 26, 1986, in O. R. 6301, Page 1814, of the Public Records of
Pine11as County, Florida, in the original amount of $590,000.00.
FUND Form OG/OP/OPM-SCH. B (Rev, 1/77) (5/BS DSI SOM)
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CONVERSION TO MARKETABlLl1Y ENDORSEMENT
Attorneys' Title Insurance Fund, Inc.
ORLANDO, FLORIDA
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Endorsement No. _lc_~___~____,_
Agent's File No.: 217-345
Attached to and forming a part of Policy No.: OG-10S377 5
The following is added to the list of policy coverages contained on the first page of the above-numbered policy:
4. Un marketability of such title.
Item No.4 of the Exclusions From Coverage is deleted.
The purpose of this endorsement is to expand the coverage given so that the policy will provide coverage identical
to that provided by the American Land Title Association Form B-1970 (amended 10/17/70 and 10/17/84).
Nothing herein contained shall be construed as extending or changing the effective date of said policy, unless
otherwise expressly stated.
This Endorsement shall not be valid or binding unless countersigned by either a duly authorized agent or
representative of the Company, and when so countersigned it is made a part of said Policy, and is subject to the
schedules, conditions and stipulations therein, except as modified by the provisions hereof.
IN WITNESS WHEREOF Attorneys' Title Insurance Fund, lne. has caused its corporate seal to be hereunto affixed
and these presents to be signed in facsimile under authority of its By-Laws.
Bonnp.r, Hogan & Pp.arse, P.A.
Name of Fund Agent
8/26/86
217
Date
Agent No.
Attorneys' Title Insurance Fund, Inc.
By
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Attorney-Agent's Signature
Charles J. Kovaleski
President
FUND Form eME 16/861
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CONDITIONS AND STIPULATION.S
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1. Definition of Terms I
" ,Th~ following terms when used It this guarantee mean:
rW (a)' "insured": the insured named in Schedule A and
subject to any rights or defenses The Fund may ha;e had
against the named insured, those who succeed to the
interest of such insured by operation of law as distinguished
from purchase including, but not limited to, heirs,
distributees, devisees, survivors, personal representatives,
next of kin, or corporate or fiduciary successors.
(b) "insured claimant": an insured claiming loss or
damage hereunder.
(c) "knowledge": actual knowledge, not constructive
knowledge or notice which may be imputed to an insured
by reason of any public records.
(d) "land": the land described, specifically or by
reference in Schedule A, and improvements affixed
thereto which by law constitute real property; provided,
however, the term "land" does not include any property
beyond the lines of the area specifically described or
referred to in Schedule A, nor any right, title, interest,
estate or easement in abutting streets, roads, avenues,
alleys, lanes, ways or waterways, but nothing herein shall
modify or limit the extent to which a right of access to
and from the land is insured by this guarantee.
(e) "mortgage": mortgage, deed of trust, trust deed, or
other security instrument.
(f) "public records": those records which by law
impart constructive notice of matters relating to said land.
2. Continuation of Insurance after Conveyance of Title
The coverage of this guarantee shall continue in force
as of Effective Date of guarantee in favor of an insured so
long as sU/;h insured retains an estate or interest in the
land, or holds an indebtedness secured by a purchase
money mortgage given by a purchaser from such insured,
or so long as such insured shall have liability by reason of
convenants of warranty made by such insured in any
transfer or conveyance of such estate or interest;
provided, however, this guarantee shall not continue in
force in favor of any purchaser from such insured of
either said estate or interest or the indebtedness secured
by a purchase money mortgage given to such insured.
3. Defense and Prosecution of Actions - Notice of Claim
To Be Given by an Insured Claimant
(a) The Fund, at its own cost and without undue
delay, shall provide for the defense of an insured in all
litigation consisting of actions or proceedings commenced
against such insured ,to the extent that such litigation is
founded upon an alleged defect, lien, encumbrance, or
other matter insured against by this guarantee.
(b) The insured shall notify The Fund promptly in
writing (i) in case any action or proceeding is begun as
set forth in (a) above, (ii) in case knowledge shall come
to an insured hereunder of any claim of title or interest
which is adverse to the title to the estate or interest as
insured, and which might cause loss or damage for which
The Fund may be liable by virtue of this guarantee. If
such prompt notice shall not be given to The' Fund, then
as to such insured alllillbility of The Fund shall cease and
terminate in regard to the matter or matters for which
such prompt notice is required; provided, however, that
failure to notify shall in no case prejudice the rights of
any such insured under this guarantee unless The Fund
shall be prejudiced by such failure and then only to the
extent of such prejudice.
(c) The Fund shall have the right at its own cost to
institute and without undue delay prosecute any action or
proceeding or to do any other act which in its opinion
may be necessary or desirable to establish the title to the
estate or interest as insured, and The Fund may take any
appropriate action under the terms of this guarantee,
whe~her or not it shall be liable thereunder, and shall not
thereby concede liability or waive any provision of this
guarantee.
(d) Whenever The Fund shall have brought any action or
interposed a defense as required or permitted by the
provisions of this guarantee, The Fund may pursue any such
litigation to final determination by a court of competent
jurisdiction and expressly reserves the right in its sole
discretion, to appe~ from any adverse judgment or order.
(e) In all cases .ere this guarantee permits or requires
The Fund to prosecute or provide for the defense of any
action or proceeding, the insured hereunder shall secure to
The Fund the right to so prosecute or provide defense in
such action or proceeding, and all appeals therein, and
permit The Fund to use, at its option, the name of such
insured for such purpose. Whenever requested by The
Fund, such insured shall give The Fund all reasonable aid
in any such action or proceeding, in effecting settlement,
securing evidence, obtaining witnesses, or prosecuting or
defending such action or proceeding, and The Fund shall
reimburse such insured for any expense so incurred.
4. Notice of Loss - Limitation of Action
In addition to the notices required under paragraph
3(b) of these Conditions and Stipulations, a statement in
writing of any loss or damage for which it is claimed The
Fund is liable under this guarantee shall be furnished to
The Fund within 90 days after such loss or damage shall
have been determined and no right of action shall accrue to
an insured claimant until 30 days after such statement shall
have been furnished. Failure to furnish such statement of
loss or damage shall terminate any liability of The Fund
under this guarantee as to such loss or damage.
5. Options To Payor Otherwise Settle Claims
The Fund shall have the option to payor otherwise
settle for or in the name of an insured claimant any claim
insured against or to terminate all liability and obligations
of The Fund hereunder by paying or tendering payment
of the amount of insurance under this guarantee together
with any costs, attorneys' fees and expenses incurred up
to the time of such payment or tender of payment, by the
insured claimant and authorized by The Fund.
6. Determination and Payment of Loss
(a) The liability of The Fund under this guarantee
shall in no case exceed the least of:
(i) the actual loss of the insured claimant; or
(ii) the amount of .insurance stated in Schedule A.
(b) The Fund will pay, in addition to any loss insured
against by this guarantee, all costs imposed upon an
insured in litigation carried on by The Fund for such
insured, and all costs, attorneys' fees and expenses in
litigation carried on by such insured with the written
authorization of The Fund. .
(c) When liability has been definitely fixed in
accordance with the conditions of this guarantee, the loss
or damage shall be payable within 30 days thereafter.
7. Limitation of Liability
No claim shall arise or be maintainable under thiS
guarantee (a) if The Fund, after having received notice of
an alleged defect, lien or encumbrance insured against
hereunder, by litigation or otherwise, removes, such
defect, lien or encumbrance or establishes the title, as
insured, within a reasonable time after' receipt of such
notice; (b) in the event of litigation until there has been
a final determination by a court of competent jurisdiction,
and disposition of all appeals therefrom, adverse'to the
title, as insured, as, proVided in paragraph 3 hereof;
or (c) for liability voluntarily assumed by an insured in
settling any claim or suit without prior written consent of
The Fund.
8. Reduction of Liability
All payments under this guarantee, except payments
made for costs, attorneys' fees and expenses, shall reduce
the amount of the insurance pro tanto. No payment shall
be made without producing this guarantee for endorsement
of such payment unless the guarantee be lost or destroyed,
in which case proof of such loss or destruction shall be
furnished to the satisfaction of The Fund.
9. Liability Noncumulative
It is expressly understood that the amount of insurance
under this guarantee shall be reduced by any amount The
Fund may pay under any guarantee insuring either (a) a
mortgage shown or referred to in Schedule B hefl'of which
is a lien on the estate or interest covered by this
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CONDITIONS AND STIPULATIONS (continued on reverse side)
CONDITIONS AND STIPULATIONS (continued)
guarantee, or (b) a mortgage hereafter executed by an
insured which is a charge or lien on the estate or interest
described or referred to in Schedule A, and the amoun t so
paid shall be deemed a payment under this guarantee. The
Fund shall have the option to apply to the payment of
any such mortgages any amount that otherwise would be
payable hereunder to the insured owner of the estate or
interest covered by this guarantee and the amount so paid
shall be deemed a payment under this guarantee to said
insured owner.
10. Apportionment
If the land described in Schedule A consists of two or
more parcels which are not used as a single site, and a loss
is established affecting one or more of said parcels but not
all, the loss shall be computed and settled on a pro rata
basis as if the amount of insurance under this guarantee
was divided pro rata as to the value on Effective Date of
guarantee of each separate parcel to the whole, exclusive
of any improvements made subsequent to Effective Date
of guarantee, unless a liability or value has otherwise been
agreed upon as to each such parcel by The Fund and the
insured at the time of the issuance of this guarantee and
shown by an express statement herein or by an
endorsement attached hereto.
11. Subrogation Upon Payment or Settlement
Whenever The Fund shall have settled a claim under
this guarantee, all right of subrogation shall vest in The
Fund unaffected by any act of the insured claimant. The
Fund shall be subrogated to and be entitled to all rights
and remedies which such insured claimant would have had
against any person or property in respect to such claim
had this guarantee not been issued, and if requested by
The Fund, such insured claimant shall transfer to The
Fund all rights and remedies against any person or
property necessary in order to perfect such right of
subrogation and shall permit The Fund to use the name of
such insured claimant in any transaction or litigation
involving such rights or remedies. If the payment does not
cover the loss of such insured claimant, The Fund shall be
subrogated to such rights and remedies in the proportion
which said payment bears to the amount of said loss. If
loss should result from any act of such insured claimant,
such act shall not void this guarantee, but The Fund, in
that event, shall be required to pay only that part of any
losses insured against hereunder which shall exceed the
amount, if any, lost to The Fund by reason of the
impairment of the right of subrogation.
12. Liability Limited to This Guarantee
This instrument together with all endorsements and
other instruments, if any, attached hereto by The Fund is
the entire guarantee and contract between the insured and
The Fund.
Any claim of loss or damage, whether or not based on
negligence, and which arises out of the status of the title
to the estate or interest covered hereby or any action
asserting such claim, shall be restricted to the provisions
and conditions and stipulations of this guarantee.
No amendment of or endorsement to this guarantee
can be made except by writing endorsed hereon or
attached hereto signed by either the President, a Vice
Presl.dent, or member of The Fund.
13. Notices, Where Sent
All notices required to be given The Fund and any
statement in writing required to be furnished The Fund
shall be addressed to its principal office at 32 West Gore
Street, Post Office Box 2671, Orlando, Florida 32802.
About your policy. . .
This policy provides valuable title protection. You should keep it in a safe place where it will be readily available for future reference.
There is no recurring premium.
Your policy is underwritten by Attorneys' Title Insurance Fund, the nation's first bar-related™ title insurer. Founded in 1947 as a
blolsiness trust under the insurance laws of the State of Florida, The Fund exists so that member attorneys can provide real estate
consumers with the extended protectio'n of title insurance in addition to their other legal services.
I
87247024
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SATISFACTION OF MORTGAGE
BK 65 9 2 PG~OIF&M 2210
'satisfaction of mortgage
KnDw III Blen III These >>resents: ThaL:we_~m.MRON L. BILGORE, STEPHEN M. BRAG IN ,
AND MORRIS BILGORIt, AS TRustEES OF THE BI!f!,<1'JRE LIQUIDATING TRUST
the owner S and holder S of a certain mortgage deed executed by COMMUNITY REDEVELOPMENT
AGENCY OF TIlE CITY OF CLEARWATER
to AARON L. BILGORE, STEPlffi.\J I\I. BRAGIN and MORRIS BILGORE, as TRUSTEES OF THE
BILGORE LIQUIDATING TRUST
bearing date the 22nd day of August . A.D. 19 86. recorded in Official Records
Book 6301 . page 1814 . in the office of the Clerk of the Circuit Court of Pinellas County,
State of Florida. securing those certain noteS in the principal sum of FIVE HUNDRED NINETY THOUSAND
AND 00/100 --------------------______________________________________________
Dollars. and certain promises and obligations set forth in said mortgage deed. upon the property situate in said
State and County described as follows. to-wit:
LOTS ONE (1) THROUGH TEN (10), inclusive, BLOCK 5, MAGNOLIA
PARK SUBDIVISION, according to the plat thereof as recorded
in Plat Book 3, Page 43, of the Public Records of Pinellas
County, Florida.
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49
TOTAL
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Signed. Sealed and Delivered in Presence of:
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hereby acknowledge full payment and satisfaction of said note and mortgage deed. and surrender the
same as cancelled. and hereby direct the Clerk of the said Circuit Court to cancel the same of record.
UUness our hands and seal s. this ~ g]/v day of ~ . A. D. 19 87 .
BILGORE LIQUIDATING TRUST
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STATE OF- FLORIDA,
COUNTY OF Pinellas
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(L.S. )
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid, to take acknowledgments, personally appeared
AARON L. BILGORE, STEPHEN M. BRAGIN and MORRIS BILGORE, as Trustees of the
BILGORE LIQUIDATING TRUST
to me known to be the person S described in and who executed the foregoing instrument and they
before me that they executed the same.
WITNESS my hand and official seal in the County and State 'asl aforesaid this
~AD.19 87.
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, Trustee
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My commission expires:
REWRN TO:
Tl1is IllSlrtllllclIl pnparcd by:
Address
Not." ...,,~ .t.t. of ~r(L ~~~if1!~~~p!~"
M)! Commission expires July 21, 1988 ' ..' ,,), ,.' ::- ", ...
Bonded Thru Troy Fain. lnaur_, Ino. ",'" ',"
JOHN R. BONNER~ SR.
BONNE~t HOGAN '-1 PEARSE, P.A.
t~~WAt~~~ ~~X ~~~27
EA
d ers & Cummings Insurance Inc.
p~o: BoX 5148
CleanJater, Fl. 34618
THIS CERTIIjICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS
NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIACATE OOES NOT AMEND.
EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POUClES BELOW.
COMPANIES AFFORDING COVERAGE
INSURED
Bilgore Groves
Bill Donaldson Inc. DBA
108 S. Myrtle Avenue
Clearwater, Fl. 34616
COMPANY A
LETTER
COMPANY B
LETTE R
COMPANY C
LETTER
COMPANY D
LETTER
COMPANY E
LETTER
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Aetna Casualt
Travelers Insurance Co.
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" ',~,,~,' THIS IS TO CERTIFY THAT POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. r'
i~; ,','I, NOTWITHSTANDING ANY REQUIREMENT. TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY
BE ISSUED OR MAY PERTAIN. THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS. AND CONDI-
TIONS OF SUCH POllC:ES, [
_.-~ ..:-
.f .~~
TYPE OF INSURANCE
P0l1CY EffEC"1VE
DATE iMMICO/YY)
LIABILITY LIMITS IN THOUSANDS
EACH AGGREGATE
OCCUP.REr'olCE
BODILY
INJURY $ $
PROPERTY
DAMAGE $ $
BI & PO $ 500 $ 500
COMBINED
POLICY NUMBER
POLICY EXPIRATION
OA TE IMM/DO!YY)
COMPREHENSIVE FORM
PREMISES/OPERATIONS
UNDERGROUND
EXPLOSION & COLLAPSE HAZARD
PRODUCTS/COMPLETED OPERATIONS
CONTRACTUAL
INDEPENDENT CONTRACTORS
BROAD FORM PROPERlY DAMAGE
PERSONAL INJURY
023 JQ 1227666 FCA
10- 14-87
10-14-88
PERSONAL INJURY $
BrolY
IN.LfIY $
(PER PERSON)
Brol Y
!/WRY $
(PER ACODE.~T)
PROPERTY
DAMAGE $
BI & PO
COMBINED $
AUTOMOBILE LIABILITY
ANY AUTO
ALL OWNED AUTOS (PRIV, PASS)
AI L OWNED AUTOS (OTHER THAN)
- PRIV, PASS,
HIRED AUTOS
NON-QWNED AUTOS
GARAGE L1ABILllY
EXCESS LIABILITY
UMBRELLA FORM
OTHER THAN UMBRELLA FORM
~t~~ED $
$
B
WORKERS' COMPENSATION
AND
EMPLOYERS' LIABILITY
6 UB 768G973-A-88
2-8-89
(EACH ACCIDENT)
(DISEASE.POLlCY LIMIT)
(DISEASE-EACH EMPLOYEE)
D. ;:Jc:.-fe.....J e._,
E, ;-Ir. e.. s c, Ie e. ,~
J. )0c... Fc~ i",-
c. 1", Y C. L" ,i?. Ie
2-8-88
OTHER
c..<!.:
DESCRIPTION OF OPERA T10NSlLOCA TIONSNEHICLESlSPECIAL ITEMS
Lots 6, 7 and 8 Block 5 Magnolia Park Subdivision and buildings located thereon
City of Clearwater
P. O. Box 4748
Clearwater, Fl. 34618-4748
Risk Management
~..-- - -----------r-------~ -- - - .~ ~--~. -,...~.~ --.,
SArA 000000 .23 *0+27' 101387 09.35.41 285 0000 JQ 285
'f]02 ,9053 Z 150 000+ 000 . ~ - 702
-'......fI
- 1. BUSII~ESS OWNERS POLICY I CASU1TY- AND
Eli THE AETNA SURETY COMPANY
DELUXE AMENDED DECLARATIONS HARTFORD. CONNECTICUT 06156
L1FE&CASUALTY
R&C UNDERWRITING AUTHORITY
, THIS FORM AMENDS YOUR DECLARATION AS OF IG-l.tr-87 I ~E~; NO.
l.NAMED INSURED AND ADDRESS: POll CY NUMBER
BILGORE GROVES 023 .10 1 ~~-' , , r:.- A
BILL DONALDSON INC. DBA 2. POll CY PERIOD
108 S HYRnE AVE. FROM: 10-11t-81 TO: 10-14-88
CLEARWATER FL 33515 12: OIA. M. STANDARD TIME AT
PINELLAS COUNTY LOCA TI ON OF DESCRIBED PROPERTY
3.THE NAMED INSURED IS:
-, ACCOUHTNO. 1393526011
,. ..IN
4.LOCATlON OF PREMISES:
1. SAME AS MAILING ADDRESS.
2.
5.DESCRIPTION OF INSURED'S BUSINESS
GIFT SHOP
6.POLlCY COVERAGES- THIS POLICY PROVIDES ONLY THOSE COVERAGES WHERE LIMITS OF LIABILITY ARE SHOWN BELOW.
SECTION I - PROPERTY AND COMBINED EARNINGS & EXTRA EXPENSE LIMIT OF LIABILITY
LOC. NO. t LOC. NO.
PART TITLE BLDG. NO. .. BLDG. NO.
ONE BUILDINGS (INCLUDES EXTERIOR BUILDING GLASS) $ .-.... ............ $
BUSINESS PERSONAL PROPERTY (If Deluxe, Money & Securities Coverage is provided
TWO up to $10,000 on and $2.000 off premises, or the Busi ness Persona I Property Limit. $ 10.000 $
whichever is less.)
THREE EXTENSIONS OF COVERAGE INCLUDED
FIVE COMBINED EARNINGS & EXTRA EXPENSE . INCLUDED
VALUATION: BUILDINGS BUSINESS PERSONAL PROPERTY I DEDUCTIBLE- Parts One and Two:
Rl=ot Cn~T II 1: ... rn~T $ 1 nn Each Occurrence
SECTION II - LIABILITY COVERAGE LIMITS OF LIABILITY
PART TITLE
SIX BODILY INJURY AND PROPERTY DAMAGE (EACH OCCURRENCE) $ 500.,000
SEVEN FIRE LEGAL LIABILITY (EACH OCCURRENCE) $ 500.000
EIGHT PREMISES MEDICAL PAYMENTS (EACH PERSON) $ 2.000
NINE PERSONAL INJURY & ADVERTISING INJURY (EACH OCCURRENCE) $ 500.000
TEN PROFESSIONAL LIABILITY (EACH OCCURRENCE) (Applicable only to Retail Drugstores,
Optical Gocds or Hearing Aid Stores, or Funeral Directors) $
OPTIONAL COVERAGES- The following Optional Coverages, if any, are provided under this policy LIMIT OF LIABILITY
only if a coverage and I imit of I iabi I ity is specified belO'N. LOC. NO. t LOC. NO.
SECTlON PART TITLE BLDG. NO. t BLDG. NO.
I FOUR EXTERIOR GLASS INCLUDED
$ $
$ $
$ $
$ $
7:t-UKM::> AND ENDORSEMENTS made a part of this policy: ~f 5'6 Till 06/84 156952 111'85 156690 111/84
- I 56754 .061'84 156695 .1061'84 fy..nn'A'IW~IDL I~O':U:: JlnlGL
8.MORTGAGEE (Name and Address)
TOTAL PREMIUM . $ 793.00
... NO PREMIUM CHARGED FOR nns TRANSACTION
'/fINDICATES CHANGES ADDITIONAL INSURED ADDED.
/
i COUNTERSIGNATURE DATE: I AGENCY AT: I A~GNATlMlPV /~.A ~ ~~
~-" '{,
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,
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.23 *'0321 101381 OCJ..IO.06 285'~OOOO
. ,k
..
POlICY
JQ 285
OOf_~"!.666_. 0000
NUMBER 023 ,JQ 001227666 FeA
LIFE & CASUALTY
8USINESS OWNERS POLICY
ADDITIONAl. INSURED ENDORSEMENT
STATE OR POLITICAL SUBDIVISIONS
WE AGREE TKAT PART SIX - BODILY INJURY AND PROPERTY DAMAGE LIABILITY
COVERAGE. IS AMENDED AS FOLLOWS:
THE STATE OR POLITICALSU80IYISION NAMED BELOW IS ADDED TO II.A.
PERSONS INSURED. THIS INSURANCE APPLIES ONLY TO THe FOLLOWING
iiAlARDS FOR WKleff THE STATE OR PllLITIeAL SUBDIVISION NAMED HAS
ISSUEO A PERMIT IN CONNECTION WITH PREMISES:
I..J)WNED BY. REffIE()TO OR CONTROLLED BY YOU, AND
z. TO ....ICIt BODILY .li.JURY AND PROPt:RTY-UAMAGE LIABILITY--
COVERAGE APPLIES.
ffAZARDS
1. TKE EXISTENCE. MAINTENANCE, REPAIR. CONSTRUCTION. ERECTION
OR REMOVAL OF:
A. ADVERTISING SIGNS.
8. AWNINGS.
C. CANOPIES.
D. CELLAR ENTRANCES.
E. COAL KOLES.
F. DRIVEWAYS.
G. MANiiOl.ES.
H. MARQUEES.
I. HOISTWAY OPENINGS.
J. SIDEWALK VAULTS.
K. STREET8ANNERS OR DECORATIONS.
'l. SIMILAR EXPOSURES.
2. THe CONSTRUCTION, ERECTION, OR REMOVAL OF ELEVATORS.
3. THE nWNERStUP, MAINTENANCE Olt USE OF ANY ELEVATORS COVERED
BY TtfE POLICY.
DESIGNATION OF STATE OR POLITICALSU8DIVISION
CITY OF CLEARWATER
P.O. BOX~7.1t8
FL 34-618
CLEARWATER
AlLDTIfER PROVISIONS OF nas POLICY STILL: APPLY.
THIS ENDORSEMENT FORMS APART OF THE POLICY TO WHICH IT IS ATTACHED.
(56711.6/8.
CAT, 658162 PRINTED IN LJ,S,A,
THIS IS EVIDENCE THAT INSURANCE AS IDENTIFIED BELOW HAS BEEN ISSUED, IS IN FORCE, AND CONVEYS ALL
THE RIGHTS AND PRIVILEGES AFFORDED UNDER THE POLICY.
PRODUCER COMPANY
RODGERS & aJMMINGS INSURANCE, INC.
P. O. OOX 5148
Clearwater, Fla. 33518
CIGNA
CODE
SUB-CODE
INSURED
lOAN NUMBER
POLICY NUMBER
BILGORE LIQUIDATING TRUST, INC.
P. O. OOX 30
Clearwater, Fla. 33517
EFFECTIVE DATE (MMIDDIYY)
6 19 87
THIS REPLACES PRIOR EVIDENCE DATED:
lOCATlONIDESCRIPTION
1. 1301-1307 Baysh(y.ce Dr & 310A&B CedaJ::' St Dunedin, Fla. - Building-COVerage
2. 1400 McMullen Booth Road Clearwater, Florida Building Coverage
1426 McM.:1llen Booth Rd.& 1426 Rear McMullen Booth Rd.Clwr Building Coverage
1. Fire, Extended Coverage, Vandalism & Malicious Mischief $190,000 1,000
2. Fire, Extended Coverage, Vandalism & Malicious Mischief $192,000 1.000
3. Fire-,-Extended Coverage, Vandalism & Malicious Mischief $290,000 1,000
3 . Rear Fire,Extended Coverage, Van:lalism & Malicious Mischief $263,000 1,000
Return Completed Certificate To:
CITY OF CLEARWATER
Jp.a. Box 474"
Cles.r'..vater, F'L. 34618-4748
AUn: RISK MANAGEMENT
CERTIFICATE OF INSURANCE
TO
CITY OF
CLEARWATER
FLORIDA ("the City")
A Municipal Corporation
This certifies to the City that the following described policies have been issued to the Insured named below and are in force at this time.
Insured: Bilqore Liquidatinq Trust Inc.
Address: P.O. Box 5148
Clearater, FL 34617
,
II
Only This Certificate
Of Insurance form
will be accepted.
Description of operationsllocations/products insured: Lots 6, 7 and 8, Block 5 Magnolia Park Sul:x:1i vision and
buildings located thereon
Contract/Purchase Order No. (if any):
Lease Agreement dated May 27. 1987
POLICIES LIMITS POLICY EXPIRA TION
AND INSURERS Bodily Injury Property Damage NUMBER DATE -
Worker's Compensation
The Travelers Ins. Co. Employer's Liability $100/500/100 6-UB-768G973-A 2-8-88
(Name of Insurer)
Best's Rating
"Claims-Made"_ "Occurrence"-KL
Check polley type:
Comprehensive General Liability~ Each Occurrence Each Occurrence
or $ $
Commercial General Liability_ Aggregate Aggregate
$ $
.' Aetna Life & Casua ltv or
- (Name of Insurer) Combined Single Limit $ 500,000
023JQ1227666 10-14-87
Best's Rating Aggregate $ 500.000
Business Auto Polley Each Person
Liability Coverage Symbol _ $ Each Accident
Each Accident $
$ ..
(Name of Insurer) or
'~
Best's Rating Combined Single Limit $
"Claims-Made"_ "Occurrence"_
Umbrella Liability
Occurrence/Aggregate $
(Name of Insured) Self-Insured Retention $
Best's Rating
The following coverages or conditions are In effect: Yes No
The City, its oHicials, and employees are named on all liability policies described above as insureds as respects: (a) activities
performed for the City by or on behalf of the named insured, (b) products and completed operations of the Named Insured, XX
and (c) premises owned. leased or used by the Named Insured. ,
Products and Completed Operations XX .
The undersigned will mail to the City 30 days written notice of cancellation; reduction of coverage or limits; aggregate erosion; XX
advance of the Retroactive Date; and/or renewal.
Cross Liability Clause (or eouivalent wording)
Personal Iniury, perils A, Band C yy
Broad Form Prooertv damaae XX
X, C, U Hazards Included XX
Contractual Liability Coverage applying to this Contract 'u XX
liquor Liability XX
Coverage afforded the City, its oHicia/s, employees and volunteers as an insured applies as primary and not excess or con- XX
tributing to anv insurance issued in the name of the Citv.
Waiver of suprogation from Workers' Compensation insurer.
. .
, ThiS certificate IS Issued as a matter of ,"formation. ThiS certificate III not an insurance policy and does not amend, extend or alter the coverage afforded by
I the policies listed herein. Notwithstanding any requirement, term or condition 01 any contract or other document with respect to which this certllicate, 01 Insurance
may be issued or may pertain, the insurance afforded by the policies described herein is subject to all the terms, exclusions and conditions of such policies.
Rodgers & Cummings Insuranc~, Inc.
A%ency or Brokerage
.0.Box 51~8, Clearwater, Fl. 34618
Address
Harold Barber
Nl~' ~f(e460f _t6 fi fontacted
Telephone Number
Insurance Company
Home Office
Authorized Signature Date
Note: Authorized signature may be the agent's if agent has placed insurance
through an agency agreement with the insurer. If insurance is brokered,
authorized signature must be that of oHicial of insurer.
~ 1 1
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~TJi1~* M O.R.6301 P~GE 1814
THIS MORTGAGE, dated the dd day of ~@$("'-"1.-1- , 1986,
BETWEEN COMMUNITY REDEVELOPMENT AGENCY OF THE CI Y OF CLEARWATER
(hereinafter referred to as "MORTGAGOR"), and AARON L. BILGORE,
STEPHEN M. BRAGIN and MORRIS BILGORE, as TRUSTEES of the BILGORE
LIQUIDATING TRUST (hereinafter referred to as "MORTGAGEE").
~$A~
86196894 '
"HErtl( Dj:Tfi:'" "'~!
PINEIl.\', ,,'.'
T,;tf.H
, ; ",' .,1 \l!J,c.
MORTGAGE
AUG ZG
5 41~ PH tBG
1~ 1~818784 40
40
41
43
THAT for good and valuable consideration, ancial~o i~OTAl
consideration of the aggregate su named in certain promissory
referred to herein, Mortgagor her grants, bargains, sells,
mortgages, remises, releases, conv and confirms unto Mortgagee, in
fee simple, the following described 1 nd in Pinellas County, Florida:
WIT N E SSE T H:
1. 26AG86
118.00
ae.DD
1, 180.00
2,183.00 CHK
notes
..
o
E-<
H
~
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~ ~
~ TO HAVE sam, together with the ten
H p,.. r-i d' . f .
S ... ~ here 1 taments es unto ilio gagee 1n ee S1
~ .~~: PROVIDED agor sha pay those p 0 ory notes
~B3p,..~S made by Mortga of those persons named Exhibit "A",
<r:: "'<l!l'x5 attached heret and by efer n e made a part hereof, i the original
~~~~Ei total principal am unt f FIV HUNDRED NINET THOUSA D DOLLARS,
HZ~~ ...copies of which r mis ory notes numbered one throug wenty four
g3~~~~ inclusive, are a ta h d hereto, and shall perf rm, mply with and
~ . ...ti:: ~ abide by each of th, e stipulations, agreements c ndi tions and
~ o::~o ~ covenants of thes s' d promissory notes and of h s mortgage deed,
p,..~z~~ the estate hereby re ed shall cease and be null and void (the
~ ~~~d promissory notes at acH d hereto designated Note . 1 through 24,
~ inclusive, are colle tiv ly referred to herein as e "Note", and are
g of equal dignity, pro- at to the amounts due by ea such note).
E-<
if)
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H
, Block 5, Magnolia
to the plat thereof
page 43 of the Public
Florida.
if)
H
P
It is the intent her to secure payment of the Note whether
the entire amount shall hav een advanced to Mortgagor at the date
hereof, or at a later date, and to secure any other amount or amounts
that may be added to the indebtedness under the terms of this
Mortgage, the entire secured indebtedness being equally secured with,
and having the same priority as any amounts advanced or credited on
the date hereof.
Mortgagor further covenants and agrees with the Mortgagee as
follows:
1. Mortgagor shall pay to Mortgagee the principal, interest
and any other amounts as provided in the Note or payable under this
Mortgage promptly on the days the sums severally become due.
2. Mortgagor covenants with the Mortgagee that Mortgagor is
lawfully seized of the property in fee simple and has good right to
sell and convey the same to Mortgagee, that the property is free and
discharged from all taxes, assessments, judgments, liens, encumbrances,
claims and demands of every kind whatsoever, except as noted on the
warranty deed of even date from Mortgagee to Mortgagor; and that
Mortgagor and its successors and assigns shall warrant and defend the
same to Mortgagee, against the lawful claims
and demands of all other persons whomsoever.
3. Mortgagor shall not permit any lien or encumbrance, whether
or not superior to the lien of this Mortgage, and whether arising by
(' ,
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O.R.S30i PACt 1815
contract, operation of law or otherwise, to be made or placed against
the property, or any part thereof. In the event any lien or
encumbrance is placed upon the property, Mortgagor agrees to satisfy,
remove, or transfer same to bond in accordance with the provisions of
Chapter 713 of the Florida Statutes (Mechanic's Lien Law) within
thirty (30) days from the date on which the lien and/or encumbrance
is filed among the Public Records of pinellas County, Florida.
4. Mortgagor shall pay any taxes or assessments levied or
assessed against the property before they become delinquent, and
shall provide Mortgagee, at least thirty (30) days before any taxes
or assessments become past due, delinquent or subject to any interest
or penalty, with an official receipt evidencing full payment thereof,
and such other information as Mortgagee may reasonably request.
5. If any default shall occur in the payment of the Note, or
any of them, and if such default shall remain uncured for fifteen
(15) days after written notice of such default from Mortgagee, or
from the holder of any of the Notes to Mortgagor, or if default shall
occur in the due performance by Mortgagor of any other obligation of
Mortgagor under this Mortgage Deed, as such shall remain uncured
following fifteen (15) days prior written notice thereof from
Mortgagee, or from the holder of the Note, to Mortgagor (or such
longer period of time as may be reasonably required for the curing of
any non-monetary default), the entire principal indebtedness
evidenced by the Note shall become due and payable at the option of
Mortgagee, and thereafter Mortgagee shall have the right to foreclose
this Mortgage in the manner provided by law.
6. In the event that Mortgagor defaults in its obligations
pursuant to the Note or this Mortgage, and this Mortgage is
foreclosed or the Note is placed in the hands of an attorney for
collection, or in case Mortgagee shall be otherwise required to act
to enforce or protect its rights or interests under this Mortgage, or
any other instrument executed in connection with the indebtedness
secured hereby, Mortgagor shall be liable for and shall repay on
demand all costs and expenses arising therefrom, including without
limitation all reasonable attorney's fees and all court costs, such
attorney's fees and costs to include those incurred in connection
with both original and appellate proceedings, with interest on the
foregoing from the date of demand for payment at the maximum legal
rate of interest allowed by Florida law. The payment of any such
sums, and interest theron, shall become part of the indebtedness
secured by this Mortgage.
7. It is agreed that Mortgagee, but without any obligation to
do so, may pay any sums of money that should have been paid by
Mortgagor under the covenants, terms and conditions herein contained,
and all such monies so paid shall bear interest at the maximum legal
rate allowed by Florida law from the date so paid, and shall be
secured by the lien of this Mortgage; but no payment by Mortgagee of
any sum of money as herein provided shall be deemed a waiver of its
right to declare the Note immediately due and payable in full by
reason of any default, breach or violation by Mortgagor.
8. Without affecting the liability of Mortgagor for payment of
the Note or any indebtedness secured hereby or for performance of any
obligation contained herein, and without affecting the rights of
Mortgagee with respect to any security not expressly released in
writing, Mortgagee may, at any time and from time to time, either
before or after the maturity of the Note, and without notice or
consent: (a) release any person liable for payment of all or any part
of the indebtedness or for performance of any obligation hereunder or
under the Note or any other instrument executed in connection
therewith; (b) make any agreement extending the time or otherwise
altering the terms of payment of all or any part of the indebtedness
secured hereby, or modifying or waiving any obligation hereunder or
under the Note or any other instrument executed in connection
therewith, or subordinating, modifying or otherwise dealing with the
lien or charge hereof; (c) exercise or refrain from exercising or
-2-
~
1
IO.R.630iPAd816
:0,_:
waive any right Mortgagee may have; (d) accept additional security of
any kind; and (e) release or otherwise deal with any property, real
or personal, securing the indebtedness, including all or any part of
the property.
9. It is agreed and acknowledged that Mortgagee holds this
Mortgage in trust for the persons named in Exhibit "A" as payees to
the extent of the percentage of beneficial interest set forth
following their names.
The beneficial interest of any of said persons shall be freely
assignable, provided that no assignment shall be binding upon the
Mortgagee unless an executed copy of such assignment is delivered to
Mortgagee and Mortgagee has acknowledged such assignment by its
signature thereon.
In the event Mortgagee shall receive from any of the above-
named persons, or their assignees, written notice that the Mortgagor
is in default under this Mortgage or the Note, the Mortgagee shall
have the affirmative duty to institute suit in the court of
appropriate jurisdiction to foreclose this Mortgage and enforce the
rights of the holders of beneficial interest hereunder, and it shall
not be necessary to name any such holder as a party plaintiff in such
action. Payment of any and all sums due hereunder may be made to
Mortgagee, but Mortgagee shall have no duty or obligation to collect
any sums due on the Note and payment by the Mortgagor to the holder of --:"';:'
the Note shall be binding upon Mortgagee and when the Note is fully
paid Mortgagee shall execute and deliver to Mortgagor a satisfaction
of this Mortgage, in recordable form.
IN WITNESS WHEREOF, Mortgagor has executed this instrument as of
the day and year first above written.
Signed, Sealed and Delivered
in the Presence of
I~/z/.
~.
By:
BY:
STATE OF FLORIDA
COUNTY OF PINELLAS
I, an officer authorized to take acknowledgments according to the
laws of the State of Florida, duly qualified and acting, Hereby certify,
that Kathleen F. Kelly and cynthia E. Goudeau, respectively as Chairman
and Clerk of COMMUNITY REDEVELOPEMENT AGENCY OF THE CITY OF CLEARWATER
to me personally known, this day acknowledged before me that they
executed the foregoing Mortgage as such officials and I Further Certify,
that I know the said persons making said acknowledgments to be the
individuals described in and who executed the said Mortgage.
IN WITNESS WHEREOF, I hereunto set my hand and official seal at
Clearwater, said County and state, this ~cQ~l, day of August 1986
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Expi res:
if Notary Public, State of HOI".cla
My Commission Expires Noy. 5, 19~
~"""-_ Jond~d Jhru Troy Fain -Insurance, lne,:
-3-
'3
EXHIBIT "A"
I
BENEFICIARIES OF THE BILGORE LIqUIDATING TRUST O.R.630i p~Gr 1817
Name and Address 1. D. NLunber Percentage of Interest
1. Aaron L. Bi1gore 261-09-0816 4.7620%
80 Rogers Street, Apt. 8-C
Clearwater, FL 33516
2. Ellen K. Bilgore 120-38-6445 19.4285%
180 East 79th Street, Apt. 3-B
New York, NY 10021
3. Paul S. Bi1gore 102-20-7717 4.0000%
300 Oceangate, Suite 1589
Long Beach, CA 90802-4341
4. June M. Bilgore 405-54-3228 5.2381%
300 Oceangate, Suite 1589
Long Beach, CA 90802-4341
5. Paul S. Bi1gore & June M. Bi1gore,
Trustees U/A dated 4/16/84 for benefit
of J. Andrew Bi1gore 36-6795045 6.2857%
300 Oceangate, Suite 1589
Long Beach, CA 90802-4341
6. Paul S. Bi1gore & June M. Bi1gore,
Trustees U/A dated 4/16/84 for benefit
of Bryan R. Bi1gore 36-6795043 6.2857%
300 Oceangate, Suite 1589
Long Beach, CA 90802-4341
7. Stephen M. Bragin 266-42-9674 3.8095%
13 Bel Forest Drive
Belleair Bluffs, FL 33540
8. Regena W. Bragin 265-36-5833 2.5714%
13 Bel Forest Drive
Belleair Bluffs, FL 33540
9. Janet L. Bragin 264-08-7630 5.1429%
13 Bel Forest Drive
Belleair Bluffs, FL 33540
10. Stephen M. Bragin, Custodian for
Marc W. Bragin uider UGMA 262-53-4053 4.5714%
13 Bel Forest Drive
Bel1eair Bluffs, FL 33540
11. Dr. Jack S. K1ate1l 118-09-0277 .8571%
8 East 83rd Street
New York, NY 10028
12. ArIa B. K1ate11 050-22-4434 4.3809%
8 East 83rd Street
New York, NY 10028
13. David A. Klatell 115-38-6103 4.2857%
277 Woodward Street
Newton, MA 02168
14. David A. K1ate11, Custodian for
Jenna K1atell under UGHA 017- 58- 5634 1.1429%
277 Woodward Street
Newton, MA 02168
15. Robert E. Klate11 115-38-6937 2.2857%
87 Arrowhead Trail
New Canaan, cr 06840
~
I
I
O.~.fj301 p~~[ 1818
BENEFICIARIES OF THE BILGORE LIQUIDATING TRUST (continued)
16. Robert E. K1ate11, Custodian for
Christopher J. K1ate11 under U(}~
87 Arrowhead Trail
New Canaan, cr 06840
17. Penelope M. K1ate11, Custodian for
Christopher J. K1ate11 under UGMA
87 Arrowhead Trai~
New Canaan, CT 06840
18. Robert E. K1ate11, Custodian for
James M. K1ate11 under UGMA
87 Arrowhead Trail
New Canaan,CT 06840
19. Penelope M. Klatell, Custodian for
James H. K1atell under UGMA
87 Arrowhead Trail
New Canaan, cr 06840
20. Penelope M. K1ate11, Custodian for
Jeremy N. K1ate11 under UGMA
87 Arrowhead Trail
New Canaan, CT 06840
2l. Howard S. Lawrence
749 Snug Island
Clearwater, FL 33515
22. Lila B. Lawrence
749 Snug Island
Clearwater, FL 33515
23. David A. Lawrence **
3702 Mt. Airey Lane
Annanda1e, VA 22003
24. Debra 1. Young **
362 Hunter Ridge Drive
~hrietta, GA 30067
116-52-3058 1.1429%
116-52-3058 .2857%
096-58-9858 1.1429%
096-58-9858 .2857%
048-76-3195 .2857%
108-18-0919 2.2857%
104-20-0170 3.1429%
092-24-2898 8.1905%
264-08-7688 8.1905%
** All payments for David A. LawTence and Debra L. Young to be mailed to:
749 Snug Island
Clearwater, FL 33515
'"
1
PROMISSORY NOTE
I
$28,095.24
O.f?6301 p~C[ 1819
Clearwater, Florida
August 1.2-, 1986
i'~
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of AARON L. BILGORE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of 'tWENTY EIGHT THOUSAND NINETY
FIVE and 24/100 DOLLARS ($28,095.24), together with interest at the
rate of nine percent (9%) per annum on the unpaid principal balance
from time outstanding, in accordance with the following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (1) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
':>-
, .
,'~ _ r
I
r
.-:-
PROMISSORY NOTE
D.!? 6301 p~Gr 1820
$114,628.24
Clearwater, Florida
August "z,..-, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of ELLEN K. BILGORE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of ONE HUNDRED FOURTEEN THOUSAND
SIX HUNDRED TWENTY EIGHT and 24/100 DOLLARS ($114,628.24), together
with interest at the rate of nine percent (9%) per annum on the
unpaid principal balance from time outstanding, in accordance with
the following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the state of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (2) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
,
-,
..
I
PROMISSORY NOTE
r
O.R. 630i P~G[ 1821
$23,600.03
Clearwat~, Florida
August'" , 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PAUL S. BILGORE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of TWENTY THREE THOUSAND SIX
HUNDRED and 03/100 DOLLARS ($23,600.03), together with interest at
the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of' this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (3) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
':0,
I
PROMISSORY NOTE
J
....~,
O.R.630i P~Gt 1822
$30,904.83
Clearwater, Florida
August ,,"2;, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of JUNE M. BILGORE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of THIRTY THOUSAND NINE HUNDRED
FOUR and 83/100 DOLLARS ($30,904.83), together with interest at the
rate of nine percent (9%) per annum on the unpaid principal balance
from time outstanding, in accordance with the following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (4) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
I
PROMISSORY NOTE
I
O.R.630i p~Gr 1823
'lO..-
$37,085.67
Clearwater, Florida
Augus t ""V, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PAUL S. BILGORE and JUNE M. BILGORE, Trustees U/A dated 4/16/84
for benefit of J. ANDREW BILGORE, (hereinafter, together with any
holder hereof, called "Holder") the principal sum of THIRTY SEVEN
THOUSAND EIGHTY FIVE and 67/100 DOLLARS ($37,085.67), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (5) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in Pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
~
\ '
I
PROMISSORY NOTE
I
04R.S30i P~GE 1824
$37,085.67
Clearwater, Florida
August "V, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PAUL S. BILGORE and JUNE M. BILGORE, Trustees UIA dated 4/16/84
for benefit of BRYAN R. BILGORE, (hereinafter, together with any
holder hereof, called "Holder") the principal sum of THIRTY SEVEN
THOUSAND EIGHTY FIVE and 67/100 DOLLARS ($37,085.67), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (6) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAlJ
CYNTHIA E. GOUDEAU, Clerk
'.
, t
I
PROMISSORY NOTE
O.R. 6301 P~Gf 1825
I
$22,476.07
Clearwater, Florida
August Z"1/, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of STEPHEN M. BRAGIN, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of TWENTY TWO THOUSAND FOUR
HUNDRED SEVENTY SIX and 07/100 DOLLARS ($22,476.07), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (7) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
"
.;, ...
I
PROMISSORY NOTE
I
D.R. 6301 PACE 1826
, y
$15,171.28
Clearwater, Florida
August .,,-V, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of REGENA W. BRAGIN, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of FIFTEEN THOUSAND ONE HUNDRED
SEVENTY ONE and 28/100 DOLLARS ($15,171.28), together with interest
at the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (8) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TROST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
PROMISSORY NOTE
I
O.R.630i P~GE 1827
, ,
I
$30,343.14
Clearwater, Florida
August ~ 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of JANET L. BRAGIN, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of THIRTY THOUSAND THREE HUNDRED
FORTY THREE and 14/100 DOLLARS ($30,343.14), together with interest
at the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (9) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
PROMISSORY NOTE
I
O.R.B30i PAGE 1828
4 ,
I
.-' .,
$26,971.29
Clearwater, Florida
August ~~ 1986
FOR VALUE RECEIVED, the undersigned promises to pay.to the order
of STEPHEN M. BRAGIN, as Custodian for MARC W. BRAGIN Under Uniform
Gifts to Minors Act, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of TWENTY SIX THOUSAND NINE
HUNDRED SEVENTY ONE and 29/100 DOLLARS ($26,971.29), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (10) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAlJ
CYNTHIA E. GOUDEAU, Clerk
. '
I
PROMISSORY NOTE
t
O.R.6301 PAGE 1829
$5,056.89
Clearwater, Florida
August -z...~ 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of JACK S. KLATELL, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of FIVE THOUSAND FIFTY SIX and
89/100 DOLLARS ($5,056.89), together with interest at the rate of
nine percent (9%) per annum on the unpaid principal balance from time
outstanding, in accordance with the following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (11) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
da te .
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
I .
I
PROMISSORY NOTE
I
O.R. S301. P~G[ 1830
$25,847.34
Clearwater, Florida
August z,'J/, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of ARLA B. KLATELL, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of TWENTY FIVE THOUSAND EIGHT
HUNDRED FORTY SEVEN and 34/100 DOLLARS ($25,847.34), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (12) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted bylaw.
, The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/ KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /5/ CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
PROMISSORY NOTE
1
)
O.R.630i P~GE 1831
$25,285.66
Clearwater, Florida
August 'J1V, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of DAVID A. KLATELL, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of TWENTY FIVE THOUSAND TWO
HUNDRED EIGHTY FIVE and 66/100 DOLLARS ($25,285.66), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (13) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, aescribed therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
r ,
J
PROMISSORY NOTE
I
1'1, I r
~.
O.R.B30i PAGE 1832
$6,743.11
Clearwater, Florida
August ""V, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of DAVID A. KLATELL, as Custodian for JENNA KLATELL Under Uniform
Gifts to Minors Act, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of SIX THOUSAND SEVEN HUNDRED
FORTY THREE and 11/100 DOLLARS ($6,743.11), together with interest at
the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (14) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
J
PROMISSORY NOTE
I
O.R.630i P~GE 1833
$13,485.65
Clearwater, Florida
August "2/v', 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of ROBERT E. KLATELL, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of THIRTEEN THOUSAND FOUR HUNDRED
EIGHTY FIVE and 65/100 DOLLARS ($13,485.65), together with interest
at the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (15) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
, .
J
PROMISSORY NOTE
I
o..R.S30i P~GE 1834
$6,743.11
Clearwater, Florida
August }..z", 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of ROBERT E. KLATELL, as Custodian for CHRISTOPHER J. KLATELL Under
Uniform Gifts to Minors Act, (hereinafter, together with any holder
hereof, called "Holder") the principal sum of SIX THOUSAND SEVEN
HUNDRED FORTY THREE and 11/100 DOLLARS ($6,743.11), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (16) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOIJl)FAII
CYNTHIA E. GOUDEAU, Clerk
, ,
I
PROMISSORY NOTE
I
O.R.B30i P~Gr 1835
$1,685.63
Clearwater, Florida
August ~2-, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PENELOPE M. KLATELL, as custodian for CHRISTOPHER J. KLATELL Under
Uniform Gifts to Minors Act, (hereinafter, together with any holder
hereof, called "Holder") the principal sum of ONE THOUSAND SIX
HUNDRED EIGHTY FIVE and 63/100 DOLLARS ($1,685.63), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (17) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
I
~ 1
I
PROMISSORY NOTE
I
O.R.6301 PACE 1836
, -'.
~
$6,743.11
Clearwater, Florida
August "'3-', 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of ROBERT E. KLATELL, as Custodian for JAMES M. KLATELL Under Uniform
Gifts to Minors Act, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of SIX THOUSAND SEVEN HUNDRED
FORTY THREE and 11/100 DOLLARS ($6,743.11), together with interest at
the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (18) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
"
r .
I
PROMISSORY NOTE
I
Oi~M630:1 pac[ 1837
$1,685.63
Clearwater, Florida
August Z~, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PENELOPE M. KLATELL, as Custodian for JAMES M. KLATELL Under
Uniform Gifts to Minors Act, (hereinafter, together with any holder
hereof, called "Holder") the principal sum of ONE THOUSAND SIX
HUNDRED EIGHTY FIVE and 63/100 DOLLARS ($1,685.63), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (19) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
.,
, ,
I
PROMISSORY NOTE
I
O.R.630i PAGE 1838
, T
=.
$1,685.63
Clearwater, Florida
August '2.""" 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PENELOPE M. KLATELL, as Custodian for JEREMY N. KLATELL Under
Uniform Gifts to Minors Act, (hereinafter, together with any holder
hereof, called "Holder") the principal sum of ONE THOUSAND SIX
HUNDRED EIGHTY FIVE and 63/100 DOLLARS ($1,685.63), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (20) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
," .,
PROMISSORY NOTE
I
T .
I
. ,
."
O.R.630i PAGE 18"'9
$13,485.65
Clearwater, Florida
August '2-"'" 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of HOWARD S. LAWRENCE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of THIRTEEN THOUSAND FOUR HUNDRED
EIGHTY FIVE and 65/100 DOLLARS ($13,485.65), together with interest
at the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (21) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
/S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
By:
BY:
/S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
.,.
oil ." .,
I
I
O.R.6301 P~GE 1810
~
PROMISSORY NOTE
$18,543.13
Clearwater, Florida
August z,v--, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of LILA B. LAWRENCE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of EIGHTEEN THOUSAND FIVE HUNDRED
FORTY THREE and 13/100 DOLLARS ($18,543.13), together with interest
at the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with trye following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (22) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid' balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of cOllection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
'"
. , .
r ,
I
PROMISSORY NOTE
I
O~~.630i paCE 1841
,.
$48,324.00
Clearwater, Florida
August 2,.-;.', 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of DAVID A. LAWRENCE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of FORTY EIGHT THOUSAND THREE
HUNDRED TWENTY FOUR and 00/100 DOLLARS ($48,324.00), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (23) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
---,
~ Ir ..
,,="
$48,324.00
I
PROMISSORY NOTE
I
O.f?B30t PiTCf 18,12
ClearwaterJ Florida
August,..~ 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of DEBRA L. YOUNG, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of FORTY EIGHT THOUSAND THREE
HUNDRED TWENTY FOUR and 00/100 DOLLARS ($48,324.00), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (24) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY REDEVELOPMENT AGENCY
OF THE CITY OF CLEARWATER
By: /S/KATHLEEN F. KELLY
KATHLEEN F. KELLY, Chairman
BY: /S/CYNTHIA E. GOUDEAU
CYNTHIA E. GOUDEAU, Clerk
(
PROMISSORY NOTE
(
$13,485.65
Clearwater, Florida
August a;l, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of ROBERT E. KLATELL, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of THIRTEEN THOUSAND FOUR HUNDRED
EIGHTY FIVE and 65/100 DOLLARS ($13,485.65), together with interest
at the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the state of Florida.
/'
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (15) of a serie
in dignity and identical in form, exce
and the amount, all of which notes are
date.
twenty-four notes equal
for the name of the payee
secured by a mortga?e of even
This No e is sec ed byVa Mor age of even ewith
executed by he undersi ned in fav of AARON L. E, STEPHEN M.
BRAGIN and M RRIS BILGO , Trustee of the BILGO QUIDATING TRUST,
as Trustees d~ the paye named h ein, which is lien on a certain
fee simple es a~e in rea prop , describe th rein, in pinellas
County, Flori a.\ It is x ess y agreed that 1 of the covenants,
cond~ tions and ~g\eemen. . nt i d in s~id Mo tgage shall control in
the 1nterpreta on\andnf r ment f th1s No .
'I J
Any and all\pa~ebts 0 interest due reunder not paid within
fifteen (15) days\of\the date when due sh 1 bear, and it is agreed
that Holder shall ol\ect thereon and rewith, interest which shall
accrue on such deli gu~nt payments at t maximum rate of interest
permitted by law. \
\ .
The Holder shall H e the opt1onal r~ h to declare the amount
of the total unpaid bala e hereof to be d nd forthwith payable in
advance of the maturity date of any sum due installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
By:
BY:
1-
PROMISSORY NOTE
(
$1,685.63
Clearwater, Florida
August ~J, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PENELOPE M. KLATELL, as Custodian for CHRISTOPHER J. KLATELL Under
Uniform Gifts to Minors Act, (hereinafter, together with any holder
hereof, called "Holder") the principal sum of ONE THOUSAND SIX
HUNDRED EIGHTY FIVE and 63/100 DOLLARS ($1,685.63), together with
interest at the rate of nine percent (9%) per annum on the u aid
principal balance from time outstanding, in accordance wi the
following provisions:
(a) All accrued and unpaid interest sha ~ b aid semi-annually,
commencing six (6) months from the date of thi ote, and continuing
semi-annually thereafter until this in full.
This Note and the instruments secu . g it have been executed and
delivered in, and their terms and provis 0 s are to be governed and
construed by the laws of the State of Flo i a.
This Note may be prepaid in who~~ or in part at any time without
penalty or premium. ~v
te, the entire
dness evidenced hereby,
hereon, shall be due and
(b) On the third anniversary
outstanding principal balance of the 'ndeb
together with all unpaid interest acc ued
payable.
Any and all payments 0 interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
series of twenty-four notes equal
except for the name of the payee
are secured by a mortgage of even
This Note is number
in dignity and identical
and the amount, all
date.
This Note is se ured b
executed by the un de s'gned
BRAGIN and MORRIS BIL RE,
as Trustees for the pa ee
fee simple estate in re
County, Florida. It is
conditions and agreement
the interpretation and en
ortgage of even date herewith
avor of AARON L. BILGORE, STEPHEN M.
tees of the BILGORE LIQUIDATING TRUST,
am herein, which is a lien on a certain
property, described therein, in pinellas
xpressly agreed that all of the covenants,
contained in said Mortgage shall control in
rcement of this Note.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
By:
BY:
. :r
[
PROMISSORY NOTE
[
$6,743.11
Clearwater, Florida
August ~;;t, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of ROBERT E. KLATELL, as Custodian for CHRISTOPHER J. KLATELL Under
Uniform Gifts to Minors Act, (hereinafter, together with any holder
hereof, called "Holder") the principal sum of SIX THOUSAND SEVEN
HUNDRED FORTY THREE and 11/100 DOLLARS ($6,743.11), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable. .,
This Note and the instruments Se~ing it have been executed and
delivered in, and their terms and pro sions are to be governed and
construed by the laws of the State of lorida.
This Note is number
in dignity and identi a
and the amount, all f w
date.
without
This Note may be prepaid in whole or in
penalty or premium.
/
(16) of series
in for except for t
'ch no es are secured
y-four notes equal
name of the payee
y a mortgage of even
This Note is se ured y
executed by the un de
BRAGIN and MORRIS BIL
as Trustees for the pa
fee simple estate in r
County, Florida. It is
conditions and agreement
the interpretation and en
ev n date herewith
L. BILGORE, STEPHEN M.
ILGORE LIQUIDATING TRUST,
w. ch is a lien on a certain
ibed therein, in pinellas
hat all of the covenants,
i Mortgage shall control in
s Note.
Any and all payments of interest due ereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
By:
BY:
,
PROMISSORY NOTE
(
$6,743.11
Clearwater, Florida
August .J..:t, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of ROBERT E. KLATELL, as Custodian for JAMES M. KLATELL Under Uniform
Gifts to Minors Act, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of SIX THOUSAND SEVEN HUNDRED
FORTY THREE and 11/100 DOLLARS ($6,743.11), together with interest at
the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, e entire
outstanding principal balance of the indebtednes evidenced hereby,
together with all unpaid interest accrued th n, shall be due and
payable.
This Note and the instruments se ring
delivered in, and their terms and prov~ io are
construed by the laws of the state of F 0 'da.
been executed and
be gover ned and
This Note may be prepaid in whole 0
penalty or premium.
part at any time without
This Note is number (18) of a ~ries twenty-four notes equal
in dignity and identical in form, exc1t for the name of the payee
and the amount, all of which notes ar secured by a mortgage of even
date.
This Note is secured by a Mo tgage of even date herewith
executed by the under' d in tav r of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BIL ORE, Trus~ee of the BILGORE LIQUIDATING TRUST,
as Trustees for the p yee n med he ein, which is a lien on a certain
fee simple estate in eal p per , described therein, in pinellas
County, Florida. It i expr s 1 agreed that all of the covenants,
conditions and agreeme ts co t ed in said Mortgage shall control in
the interpretation and nfo ce nt of this Note.
of interest due hereunder not paid within
a e when due shall bear, and it is agreed
h reon and therewith, interest which shall
p ents at the maximum rate of interest
Any and all payment
fifteen (15) days of th~
that Holder shall collect
accrue on such delinquent
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
BY:
PROMISSORY NOTE
I
I
$1,685.63
Clearwater, Florida
August .:1..2..., 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PENELOPE M. KLATELL, as custodian for JAMES M. KLATELL Under
Uniform Gifts to Minors Act, (hereinafter, together with any holder
hereof, called "Holder") the principal sum of ONE THOUSAND SIX
HUNDRED EIGHTY FIVE and 63/100 DOLLARS ($1,685.63), to her with
interest at the rate of nine percent (9%) per annum 0 the unpaid
principal balance from time outstanding, in accorda e with the
following provisions:
(a) All accrued and unpaid interest shall
commencing six (6) months from the date of this
semi-annually thereafter until this Note is pa'
e paid semi-annually,
ote, and continuing
in full.
(b) On the third anniversary of this N
outstanding principal balance of the indebte
together with all unpaid interest accrued the
payable.
e, the entire
s evidenced hereby,
o , shall be due and
This Note and the instruments securtng it have been executed and
delivered in, and their terms and provisi~ are to be governed and
construed by the laws of the State of FloV~da.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is secured ge of even date herewith
executed by the undersigned or of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, es of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee na herein, which is a lien on a certain
fee simple estate in real pro ty, described therein, in pinellas
County, Florida. It is expre s agreed that all of the covenants,
conditions and agreements contain in said Mortgage shall control in
the interpretation and enforcement of this Note.
II
of twenty-four notes equal
for the name of the payee
secured by a mortgage of even
This Note is number
in dignity and identical in
and the amount, all of whic
date.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
By:
BY:
I
PROMISSORY NOTE
I
$1,685.63
Clearwater, Florida
August.;t.;(., 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PENELOPE M. KLATELL, as custodian for JEREMY N. KLATELL Under
Uniform Gifts to Minors Act, (hereinafter, together with any holder
hereof, called "Holder") the principal sum of ONE THOUSAND SIX
HUNDRED EIGHTY FIVE and 63/100 DOLLARS ($1,685.63), together with
interest at the rate of nine percent (9%) per annum on th~ unpaid
principal balance from time outstanding, in accordance "th the
following provisions:
(a) All accrued and unpaid interest shall
commencing six (6) months from the date of this
semi-annually thereafter until this Note s pai
aid semi-annually,
e, and continuing
in full.
(b) On the third anniversary of this
outstanding principal balance of the indebt
together with all unpaid interest accrued th
payable.
the entire
ss evidenced hereby,
eon, shall be due and
This Note and the instruments securing it
delivered in, and their terms and provisions ar
construed by the laws of the State of ylorida.
This Note may be prepaid in whole o~~n part at any time without
penalty or premium. \j-
This Note is number (20) of a series of twenty-four notes equal
in dignity and identical in form, e ept for the name of the payee
and the amount, all of which not~ a~ secured by a mortgage of even
date.
been executed and
be governed and
This Note is se ge of even date herewith
executed by the unde of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BI 0 E, Tru of the BILGORE LIQUIDATING TRUST,
as Trustees for the p ye e ein, which is a lien on a certain
fee simple estate in r aI prop rty, described therein, in pinellas
County, Florida. It is~e res ly agreed that all of the covenants,
condi tions and agreement . .. n ained in said Mortgage shall control in
the interpretation and eno ment of this Note.
Any and all payments 0 ~ terest due hereunder not paid within
fifteen (15) days of the date en due shall bear, and it is agreed
that Holder shall collect ther n and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
BY:
~
1
PROMISSORY NOTE
I
$23,600.03
Clearwater, Florida
August.;l.;:l., 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PAUL S. BILGORE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of TWENTY THREE THOUSAND SIX
HUNDRED and 03/100 DOLLARS ($23,600.03), together with interest at
the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of" this Note, and continuing
semi-annually thereafter until this Note is paid in full.
/
(b) On the third anniversary of this Note, th entire
outstanding principal balance of the indebtedness videnced hereby,
together with all unpaid interest accrued the eo , shall be due and
payable.
been executed and
be governed and
This
delivered
construed
This Note may be prepaid in whole
penalty or premium.
at any time without
This Note is number (3) of a series twenty-four notes equal
in dignity and identical in form, except the name of the payee
and the amount, all of which notes .re secu by a mortgage of even
date. i
This Note is secured by a Mortg g of even date herewith
executed by the undersigned in favor AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named h ein, which is a lien on a certain
fee simple estate in re rope~y described therein, in pinellas
County, Florida. It i exp essly a eed that all of the covenants,
conditions and agreeme ts co taine in said Mortgage shall control in
the interpretation and ,enforc ment of this Note.
est due hereunder not paid within
due shall bear, and it is agreed
eon and therewith, interest which shall
ents at the maximum rate of interest
Any and all paymen s
fifteen (15) days of the d te
that Holder shall collect t
accrue on such delinquent
permitted by law.
The Holder shall have the tional right to declare the amount
of the total unpaid balance hereo to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNIT : R,DEVELOPMENT
OF THE ;X OF CLEARW
/
!')
By:
THLEEN F. KELLY, Chair n
. . c ~j
~~~\ (,-,~~ c:::.. . /.' {,
N\HIA E. GOUDEAU, Clerk
BY:
---
)
PROMISSORY NOTE
I
$30,904.83
Clearwater, Florida
August~, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of JUNE M. BILGORE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of THIRTY THOUSAND NINE HUNDRED
FOUR and 83/100 DOLLARS ($30,904.83), together with interest at the
rate of nine percent (9%) per annum on the unpaid principal balance
from time outstanding, in accordance with the following provisions:
This Note and the instruments securing
delivered in, and their terms and provisio
construed by the laws of the State of Florida
, the entire
ss evidenced hereby,
on, shall be due and
(a) All accrued and unpaid interest shall
commencing six (6) months from the date of this
semi-annually thereafter until this Note is pai
(b) On the third anniversary of t is Not
outstanding principal balance of the ind tedn
together with all unpaid interest accrued the
payable.
been executed and
be gover ned and
This Note may be prepaid in whol~or in p t at any time without
penalty or premium. ~
This Note is number (4) of a series of twenty-four notes equal
in dignity and identical in form, exce t for the name of the payee
and the amount, all of which notes are ecured by a mortgage of even
date.
This Note is sec~r ~y a MOrt e of even date herewith
executed by the unders'gned\in favor f AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BIL RE, Trustees f the BILGORE LIQUIDATING TRUST,
as Trustees for the p*ee na~d he e n, which is a lien on a certain
fee simple estate in al pr perty, described therein, in pinellas
County, Florida. It i expr ssl greed that all of the covenants,
conditions and agreemerl~s co tai e in said Mortgage shall control in
the interpretation and epfor emen of this Note.
Any and all payment;'~i terest due hereunder not paid within
fifteen (15) days of the da e en due shall bear, and it is agreed
that Holder shall collect th eo and therewith, interest which shall
accrue on such delinquent paym at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
By:
BY:
ci.~.L~.
GOUDEAU, Clerk
I
PROMISSORY NOTE
I
$37,085.67
Clearwater, Florida
August a~, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PAUL S. BILGORE and JUNE M. BILGORE, Trustees U/A dated 4/16/84
for benefit of J. ANDREW BILGORE, (hereinafter, together with any
holder hereof, called "Holder") the principal sum of THIRTY SEVEN
THOUSAND EIGHTY FIVE and 67/100 DOLLARS ($37,085.67), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the en re
outstanding principal balance of the indebtedness evi nced hereby,
together with all unpaid interest accrued thereon all be due and
payable.
This Note is number (5) of a series of tw n
in digni ty and identical in form, except, for th
and the amount, all of which notes are sezu d b
date.
This Note is secured by a Mortgage 0 even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees 0 he BILGORE LIQUIDATING TRUST,
as Trustees for the payee d herein hich is a lien on a certain
fee simple estate in real prop rty,-des ibed therein, in pinellas
County, Florida. It is e press agree that all of the covenants,
conditions and agreements contai ed i aid Mortgage shall control in
the interpretation and en orcemen of his Note.
been executed and
be governed and
This Note and the instruments securin
delivered in, and their terms and provisio
construed by the laws of the State of Flori
This Note may be prepaid in whole or in
penalty or premium.
at any time without
y-four notes equal
name of the payee
a mortgage of even
The Holder shall have the opt n 1 right to declare the amount
of the total unpaid balance hereof be due and forthwith payable in
advance of the maturity date of any s due or installment, as fixed
herein, upon the failure of the undersi ned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
due hereunder not paid within
shall bear, and it is agreed
therewith, interest which shall
the maximum rate of interest
Any and all payments
fifteen (15) days of the da
that Holder shall collect th eo
accrue on such delinquent pay..
permitted by law.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
BY:
COMMUNIT
OF THE
By:
.-- t
I
PROMISSORY NOTE
I
$37,085.67
Clearwater, Florida
August ;Z:l.., 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of PAUL S. BILGORE and JUNE M. BILGORE, Trustees U/A dated 4/16/84
for benefit of BRYAN R. BILGORE, (hereinafter, together with any
holder hereof, called "Holder") the principal sum of THIRTY SEVEN
THOUSAND EIGHTY FIVE and 67/100 DOLLARS ($37,085.67), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be pai semi-annually,
commencing six (6) months from the date of this Note and continuing
semi-annually thereafter until this Note is paid full.
e entire
evidenced hereby,
, shall be due and
(b) On the third anniversary of thi
outstanding principal balance of the inde
together with all unpaid interest accrued
payable.
This Note and the instruments securing ~
delivered in, and their terms and provisions
construed by the laws of the State of Florida.
been executed and
be governed and
This Note may be prepaid in whole or in pa
penalty or premium. I
This Note is number (6) of a series iwentY-fOUr notes equal
in dignity and identical in form, except the name of the payee
and the amount, all of which notes are sec red by a mortgage of even
date.
of even date herewith
AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGOR , Trus ees the BILGORE LIQUIDATING TRUST,
e e' , which is a lien on a certain
aescribed therein, in pinellas
eed that all of the covenants,
o ta' ed in said Mortgage shall control in
nt of this Note.
Any and all payments of ~te est due hereunder not paid within
fifteen (15) days of the date wnap~ue shall bear, and it is agreed
that Holder shall collect thereon therewith, interest which shall
accrue on such delinquent payments a the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
By:
n
BY:
.'
I
PROMISSORY NOTE
I
$114,628.24
Clearwater, Florida
August dd.-, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of ELLEN K. BILGORE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of ONE HUNDRED FOURTEEN THOUSAND
SIX HUNDRED TWENTY EIGHT and 24/100 DOLLARS ($114,628.24) ,.together
with interest at the rate of nine percent (9%) per annum/bn the
unpaid principal balance from time outstanding, in acc dance with
the following provisions:
This Note and the instruments securi
delivered in, and their terms and provision
construed by the laws of the State of Florida
b paid semi-annually,
ote, and continuing
in fu 11.
(a) All accrued and unpaid interest sha
commencing six (6) months from the date of th'
semi-annually thereafter until this Note is pa
(b) On the third anniversary of
outstanding principal balance of the in ebte
together with all unpaid interest accrue t
payable.
hereby,
due and
been executed and
be governed and
This Note may be prepaid in w901e or in part at any time without
penalty or premium. ~~
This Note is number (2) of a se~s of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
age of even date herewith
r of AARON L. BILGORE, STEPHEN M.
of the BILGORE LIQUIDATING TRUST,
payee named rein, which is a lien on a certain
er y, described therein, in pinellas
re agreed that all of the covenants,
n a ned in said Mortgage shall control in
ce t of this Note.
Any and all paymep
fifteen (15) days of tfi-
that Holder shall collec
accrue on such delinquent
permitted by law.
of interest due hereunder not paid within
te when due shall bear, and it is agreed
t reon and therewith, interest which shall
ents at the maximum rate of interest
The Holder shall have the 0 tional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
By:
A HLEEN F. KELL
BY: ~;jh~ ~u~-+-i1~
I
PROMISSORY NOTE
I
$25,847.34
Clearwater, Florida
August :l~, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of ARLA B. KLATELL, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of TWENTY FIVE THOUSAND EIGHT
HUNDRED FORTY SEVEN and 34/100 DOLLARS ($25,847.34), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (12) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by WM tgage of even date herewith
executed by the undersigned i~ fa of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Truste of the BILGORE LIQUIDATING TRUST,
as Trustees for the pay named h rein, which is a lien on a certain
fee simple estate in rftal ope , described therein, in pinellas
county,. Florida. Itt as exp ess y agreed that all of the covenants,
conditions and agree en c n ned in said Mortgage shall control in
the interpretation d e rc ent of this Note.
Any and all pa ents 0 interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect ther on and therewith, interest which shall
accrue on such delinquent payme ts at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
/,
By: Y
T LEEN F. KELLY, Chairman/
BY: ~~/G~~C.lerk .
I
PROMISSORY NOTE
I
$5,056.89
Clearwater, Florida
August ad., 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of JACK S. KLATELL, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of FIVE THOUSAND FIFTY SIX and
89/100 DOLLARS ($5,056.89), together with interest at the rate of
nine percent (9%) per annum on the unpaid principal balance from time
outstanding, in accordance with the following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (11) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
By:
lolllf7 p~ ~.~ BY:
~~~~7~
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I
PROMISSORY NOTE
I
'J r.1 ,
$13,485.65
Clearwater, Florida
August ;ta., 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of HOWARD S. LAWRENCE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of THIRTEEN THOUSAND FOUR HUNDRED
EIGHTY FIVE and 65/100 DOLLARS ($13,485.65), together with interest
at the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (21) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
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By:
ED....VELOP.ME.7T A ENC,Y.
o EARW j' "
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/",J. Ve~"~,', .f~
LEEN KELLY, Chairm
BY:
~.c~
THIA E. GOUDEAU, Clerk
, .
J
PROMISSORY NOTE
I
$18,543.13
Clearwater, Florida
August ~d., 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of LILA B. LAWRENCE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of EIGHTEEN THOUSAND FIVE HUNDRED
FORTY THREE and 13/100 DOLLARS ($18,543.13), together with interest
at the rate of nine percent (9%) per annum on the unpaid principal
balance from time outstanding, in accordance with the following
provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (22) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid' balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNI TY RE,oE ,VE, LOPMEN7" ,..' EN" C,Y,
OF THE C~~.f ~LEARWATE g:. ,:'1
/;. ;1 / /J..~ , /' /(/
By: I '. )'\ . Cc
A HLEEN F. KELLY, Chairma
~' , <) u\ r /
BY: <"JL_~ L - /~,'~,
, ~HIA E. GOUDEAU, Clerk
'.
I
PROMISSORY NOTE
I
,
$48,324.00
Clearwater, Florida
August ~;;{, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of DAVID A. LAWRENCE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of FORTY EIGHT THOUSAND THREE
HUNDRED TWENTY FOUR and 00/100 DOLLARS ($48,324.00), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (23) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
W
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By:
/
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BY:
I
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I
PROMISSORY NOTE
I
$48,324.00
Clearwater, Florida
August~, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of DEBRA L. YOUNG, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of FORTY EIGHT THOUSAND THREE
HUNDRED TWENTY FOUR and 00/100 DOLLARS ($48,324.00), together with
interest at the rate of nine percent (9%) per annum on the unpaid
principal balance from time outstanding, in accordance with the
following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments securing it have been executed and
delivered in, and their terms and provisions are to be governed and
construed by the laws of the State of Florida.
This Note may be prepaid in whole or in part at any time without
penalty or premium.
This Note is number (24) of a series of twenty-four notes equal
in dignity and identical in form, except for the name of the payee
and the amount, all of which notes are secured by a mortgage of even
date.
This Note is secured by a Mortgage of even date herewith
executed by the undersigned in favor of AARON L. BILGORE, STEPHEN M.
BRAGIN and MORRIS BILGORE, Trustees of the BILGORE LIQUIDATING TRUST,
as Trustees for the payee named herein, which is a lien on a certain
fee simple estate in real property, described therein, in pinellas
County, Florida. It is expressly agreed that all of the covenants,
conditions and agreements contained in said Mortgage shall control in
the interpretation and enforcement of this Note.
Any and all payments of interest due hereunder not paid within
fifteen (15) days of the date when due shall bear, and it is agreed
that Holder shall collect thereon and therewith, interest which shall
accrue on such delinquent payments at the maximum rate of interest
permitted by law.
The Holder shall have the optional right to declare the amount
of the total unpaid balance hereof to be due and forthwith payable in
advance of the maturity date of any sum due or installment, as fixed
herein, upon the failure of the undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
o ~-7~ By:
V Jf q p<>if1
BY:
-~,
I
PROMISSORY NOTE
,
$28,095.24
Clearwater, Florida
August ~, 1986
FOR VALUE RECEIVED, the undersigned promises to pay to the order
of AARON L. BILGORE, (hereinafter, together with any holder hereof,
called "Holder") the principal sum of TWENTY EIGHT THOUSAND NINETY
FIVE and 24/100 DOLLARS ($28,095.24), together with interest at the
rate of nine percent (9%) per annum on the unpaid principal balance
from time outstanding, in accordance with the following provisions:
(a) All accrued and unpaid interest shall be paid semi-annually,
commencing six (6) months from the date of this Note, and continuing
semi-annually thereafter until this Note is paid in full.
(b) On the third anniversary of this Note, the entire
outstanding principal balance of the indebtedness evidenced hereby,
together with all unpaid interest accrued thereon, shall be due and
payable.
This Note and the instruments
delivered in, and their terms and
construed by the laws of the~tate
This Note may be prepaid in Wh!Or 'n
penalty or premium.
This Note is number (1) of a seri of equal
in dignity and identical in form, except\f~ the name of the payee
and the amount, all of which notes are se~ured by a mortgage of even
date. ! "'-
been executed and
be governed and
time without
This Note is secured b
executed by the undersigned
BRAGIN and MORRIS BILGORE, T
as Trustees for the payee na
fee simple estate in re
County, Florida. It ex
conditions and agree ents
the interpretation d enf
Any and all pJyments
fifteen (15) days pf the
that Holder shall ~ollect
accrue on such de~in en
permitted by law. !
I
; ,
The Holder s~'all h~ve the optional right to declare the amount
of the total unpai bal1tnce ereof to be due and forthwith payable in
advance of the mat 'ty date f any sum due or installment, as fixed
herein, upon the failure of th undersigned to pay, when due, any of
the installments of interest or principal, or upon the occurrence of
any event of default.
f interest due hereunder not paid within
te when due shall bear, and it is agreed
thereon and therewith, interest which shall
payments at the maximum rate of interest
Time is of the essence of this contract and, in case this Note
is collected by law or through an attorney at law, or under advice
therefrom, the undersigned agrees to pay all costs of collection,
including reasonable attorney's fees.
All persons, municipalities or corporations now or at any time
liable, whether primarily or secondarily, for the payment of the
indebtedness hereby evidenced, for themselves, their heirs, legal
representatives, successors and assigns respectively, hereby
expressly waive presentment, demand for payment, notice of dishonor,
protest, notice of nonpayment or protest, and diligence in
collection.
COMMUNITY ~DEVELOPMENT ~G NCY
OF THE C Y OF CLEARW~~
y y7
By: (, ~
KA HLEEN F. KELLY, a1rma
BY: ~~b.~ou~.R~~f
.
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1
AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY
SUBJECT TO ADDENOON ATTACHED HERETO AND BY REFERENCE MADE A PART HEREOF, TO THE
EXTENT OF ANY CONFLICT, THE TERMS OF THE ADDENDUM SHALL PREVAIL,
THIS AGREEMENT, made and entered into this ~O 1.3( day of
1IJ1I!f--_, 1986, by and between BILGORE LIQUIDATING TRUST, whose
Trustees are Aaron L. Bilgore, Stephen M, Bragin and Morris Bilgore,
hereinafter referred to as "Seller", and the COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF CLEARWATER, hereinafter referred to as
"Purchaser";
WIT N E SSE T H :
That in consideration of the payments and covenants herein
provided, and other good and valuable considerations, Seller agrees
to sell and Purchaser agrees to buy the r~al property ("Property")
situate in Pinellas County, Florida, described as follows, to wit:
Lots 1 through 10, inclusive, Block 5,
Magnolia Park Subdivision, according to the
plat thereof as recorded in Plat Book 3,
page 43 of the Public Records of Pinellas
County, Florida.
1, Purchase Price. The total purchase prlce of the Property
shall be in the sum of Six Hundred Ninety Thousand Dollars
($690,000.00). The Purchaser shall at closing pay One Hundred
Thousand Dollars ($100,000.00) in U.S. cash or cashier's check,
and shall give to the Seller a purchase money mortgage and note
in the principal amount of Five Hundred Ninety Thousand Dollars
($590,000.00) bearing interest at 9.0 per cent per annum, payable
\
interest only upon each anniversary thereof, with principal due
ln full upon the third annlversary thereof.
2, Closing Date. The closing shall be on or before ninety (90)
days of the date of the full execution of this Agreement, unless
extended by other provisions of this Agreement.
3. Conveyance. Seller agrees to convey fee simple title to
the Property to Purchaser by statutory Warranty Deed, free and
clear of all liens and encumbrances, except those set forth in this
Agreement, if any, and those otherwise accepted by Purchaser.
Personalty shall, at the request of PurchaSer, be conveyed by an
absolute bill of sale with warranty of title subject to such matters
as may be otherwise provided for herein.
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4. Occupancy. The primary building on the Property and the
parking lot or portion thereof located on Lots 6, 7 and 8 of
Block 5, Magnolia Park Subdivision, shall be subject to the right
of occupancy by the Seller after closing, until February 28, 1987,
on which date the Seller shall deliver occupancy to Purchaser
without further notice or demand. During the period of occupancy
by the Seller, the Seller assumes all risk of loss to Property
and personalty thereon, and shall be responsible and liable for
maintenance thereof. The value of the right of occupancy has
been included in determining the purchase price of the Property,
and no further reductions shall be made and no rent shall be
charged to the Seller for the term of the occupancy. Seller
represents that there are no parties in occupancy other than
the Seller.
5. Title Insurance. Seller agrees to purchase at its expense
a title insurance policy from a Florida licensed title 1nsuror,
and to deliver to the Purchaser as soon as the same can be ob-
tained with reasonable diligence, but not less than twenty (20)
days prior to closing, a commitment for title insurance in the
amount of the purchase price, which commitment shall show a
marketable, unencumbered, fee simple title to the Property in
the Seller, subject only to zoning, restrictions of record,
taxes for 1986 and subsequent years, and public utility ease-
ments; and to liens, encumbrances, exceptions or qualifications
set forth in this Agreement and those which shall be discharged
by Seller at or before closing. The Purchaser shall have a
reasonable time after the delivery of said commitment for the
examination thereof, and within said period but not less than
ten (10) days prior to closing shall notify the Seller 1n writing
of any objections to said title.
If such notification 1S not
given within the time specified herein, then the title shall be
conclusively deemed to be acceptable to the Purchaser.
In the
event that the title of the Seller is not good and marketable,
the Seller shall have a reasonable time thereafter, but not
more than one hundred twenty (120) days from receipt of notice
from the Purchaser, to make a diligent effort to perfect the
title; and if the defects are not cured within such time, the
-2-
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I
Purchaser may either cancel this Agreement or wa1ve the defects
and accept the Property without deduction on account of said
defects.
6. Broker's Fee. The Seller shall pay the real estate
commission earned by any broker in connection with this transaction,
if any.
7. Documents for Closing. Seller shall furnish deed, bill
of sale, mechanic's lien affidavit, assignment of leases (if any),
and any corrective instruments that may be required in connection
with perfecting the title. Purchaser shall furnish closing
statement, mortgage, note and, if required, security agreement
and financing statement.
8. Prorations. Real est2te taxes shall be prorated as of
the date of closing,
9. Survey. Purchaser may obtain at its expense a survey.
If the survey shows any encroachment on the Property or that
improvements intended to be located on the Property encroach upon
setback lines, easements, lands of others, or violate any
restrictions, covenants or applicable governmental regulations,
the same shall be treated as a title defect if brought to the
attention of Seller not less than ten (10) days prior to closing.
10. Expenses. The Purchaser shall pay for the documentary
stamps to be placed on the Warranty Deed and the costs for recording
same. Purchaser shall pay t~e intangible tax and cost of recording
the purchase money mortgage or other security instruments. The
Seller shall pay the cost of recording any corrective instruments
that may be required in connection with perfecting the title.
11. Persons Bound; Agreement Not Assignable. This Agreement
shall be binding on the parties hereto and their respective
personal representatives, heirs, executors, administrators, and
successors. Neither this Agreement nor any rights hereunder
shall be assignable.
-3-
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I
I
12. Agreement Not Recordable. Neither this Agreement nor
any notice thereof shall be recorded in the public records of
Pinellas County, but this Agreement shall be deemed a record
available for public inspection in the offices of the Purchaser
pursuant to the Public Records Law of Florida.
IN WITNESS WHEREOF, the parties hereto have set their hands
and seals tile day and year first above written.
BILGORE LIQUIDATING TRUST
{2,-(9,,___
Aaron L.
'"'
By
By
By
'}n~v. 4cm
Morris Bilgo , Trustee
SELLER
Attest:
..........,'~, ; a" fG,~..r--
GotICi ty Cl
. . . . .
. - . .
PURCHASER
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Approved by CRA on 6/19/86
Fully executed on 7/14/86
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ADDENDUM TO CONTRACT BElWEEN
BILGORE LIQUIDATING TRUST AND
COMMUNITY REDEVELOPMENT AGENCY OF mE CITY OF CLEARWATER
1. The purchase money mortgage referred to in Paragraph 1 of the contract
shall be in the principal amount of $590,000.00, bearing interest at
nine percent (9%) per annum, payable interest only semi-annually, commencing
six (6) months from date thereof, and with principal due in full upon the
third anniversary thereof, Said mortgage shall be payable to Seller as
Trustees with power to satify upon payment thereof but shall secure separate
notes to each of the beneficiaries of the Bilgore Liquidating Trust, so that
Purchaser will make disbursements directly to the beneficiaries of the Bilgore
Liquidating Trust, Seller will furnish an accurate list of the names, addresses
and respective interests of each of the beneficiaries. The mortgage may be
prepaid without penalty.
2, Wherever "warranty deed" appears in the contract there shall be substituted
"Trustees' deed,"
3, All reference to bill of sale in the contract 1S deleted, there being no
personalty included in the sale.
4. Paragraph 6 is amended to read, "Seller and Purchaser represent to each other
that they have taken no action which would incur liability for a real estate
commission in regard to this transaction, and each does indemnify the other
party against payment of a real estate broker's commission by reason of such
party's actions and conduct with regard to this transaction,"
5. During the period that the Bilgore Liquidating Trust occupies the property,
pursuant to Paragraph 4 of the contract, the Bilgore Liquidating Trust will,
at its expense, carry property and liability insurance. The liability minimum
must be $300,000/$500,000 and $100,000 fire and extended coverage, The
Purchaser shall be a co-insured,
This addendum and the contract referred to herein are executed thisGlO~ day of
May, 1986,
By:
By:
Attest:
~" ,~,' ." Q.(".()~..c.~
~_ City C rk
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QCi B 1987
Mr. John R. Bonner, Sr.
Bonner, Hogan & Pearse, P.A.
At,t,orneys at Law
61:i South Myrtle Avenue
Post Office Box 1640
Clearwat,er, E'lorida 3461'{
October 5, 198'{
Dear Mr. Bonner:
My accountant and I are unfortunately unable to loeate the
City of Clearwater's promissory notes issued to David A. KlatelJ
and ~Tenna L. Klatell, as beneficiaries of the Bilgore Idquidating
'frust .
I hereby acknowledge that, payment in full of all principal
and interest has been received by me, and by me act,lng as trust,ee
for ~Jenna L. Klatell. The City' 5 transaetion code for payment of
int,erest owed Jenna and myself, as noted on the checks, is 218-'
r(400-722-519; t,he transaction code for payment of principal is
218-7400-712-582.
Can you advise me whether this let,ter will suffice in
satisfying t,he City of Clearwater that I agree it has paid (and
~Jenna and I have received) the full amount owed on the two
promissory notes? If this letter is deemed insufficient, please
advise me of a more appropriate and acceptable ,means of conveying
that fact.
Sincerely,
~A.t(~
David A. Klatell
AGF Jenna L. Klatell, UGMA
2Tf Woodward Street
Newt,on, MA. 02168
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BONNER. HOGAN & PEARSE, P. A.
ATTORNEYS AND COUNSELLORS AT LAW
JOHN R. BONNER. SR,
ELWOOD HOGAN. JR.
RICHARD L. PEARSE. JR
JEFFREY P. COLEMAN
613 SOUTH MYRTLE AVENUE
POST OFFICE BOX 1640
CLEARWATER. FLORIDA 34617
(BI3) 461-7777
TEl.ECOPIE:R
(813) 447-1517
October 13, 1987
Mr. David A. K1atel1
277 Woodward Street
Newton, MA 02168
Dear Mr, Klatell:
This will acknowledge receipt of your letter of October 5, 1987,
regarding the City of Clearwater promissory notes, In the absence of
the original notes, we are forwarding your letter to the City of Clear-
water; however, we would appreciate your efforts to find the original
notes as the City is entitled to their return.
We enclose a copy of our letter of August 26, 1986, and copies of the
notes in question, which may be of some assistance to you in locating
them. You will note that they were sent by certified mail.
Very truly yours,
BONNER, ~~ & PEARSE, P.A.
John R. Bonner, Sr.
JRB: gm
Encl,
cc: City of Clearwater/'
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BONNER, HOGAN & PEARSE, p, A,
ATTORNEYS AND COUNSELLORS AT LAW
~OHN R. BONNER, SR.
ELWOOD HOGAN, ~R.
RICHARD L. PEARSE, ~R.
JEFFREY P. COLEMAN
613 SOUTH MYRTLE AVENUE
POST OFFICE BOX 1640
CLEARWATER, FLORIDA 34617
(813) 461-7777
December 7, 1987
TELECOPIER
(813) 447-1517
City of Clearwater
Community Redevelopment Agency
Post Office Box 4748
Clearwater, FL 34618
Gentlemen:
In connection with the payoff of the City's mortgage m favor
of the Trustees of the Bilgore Liquidating Trust, we enclose the original
Mortgage marked ''paid'', together with the recorded Satisfaction of Mortgage
and 18 original cancelled promissory notes. Also enclosed is a letter from
David A, Klatell who has been unable to locate two promissory notes, together
with a copy of our letter of October 13, 1987. We have not received the
four promissory notes from Stephen M, Bragin and family. If we receive the
original notes from Mr. Klatell and Mr. Bragin, we will forward same to you.
We appreciate the opportunity to serve you in this matter,
Very truly yours,
BONNER, HOGAN & PEARSE, P.A.
~?f.' .a _d .E.
/JOOO R, Bonner, Sr. ;.'
JRB: gm
Encls.
HAND DELIVERY
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