Alachua County Clerk of the Court Seal Alachua County Clerk of the Court
J.K. "Jess" Irby, Esq. - Clerk of the Court
Historical Records
Mortgage Record F
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Mortgage Record F Page 519
of Alachua State of Florida, it is mutually understood stipulated
and agreed by and between the parties to this contract that
the said sum of Six-Teen Hundred Dollars shall be, and
is hereby recognized as a lien upon the Mercantile Business
of the party of the first part and upon all the goods, wares,
merchandise, accounts choses in action of the party of the first
part, and the said lien shall continue and be recognized as a just
lien upon all of said property and business until the said sum
of Sixteen Hundred Dollars shall be repaid to the said party
of the second part, as hereinafter provided. And it is further
stipulated and agreed that in consideration of the advancement by
the said party of the second part to the said party of the first part
of said sum of Sixteen hundred Dollars that the said party
of the second part, as hereinafter provided. And it is further
stipulated and agreed that in consideration of the advancement by
the said party of the second part to the said party of the first part
of said sum of Sixteen hundred Dollars that the said party
of the first part binds and obligates himself to pay to the said
party of the second part, fifty per cent of all the profits realized
from said mercantile business until all of the said sum of
Sixteen hundred Dollars with the percentage of profits shall
be paid to the said party of the second part
It is further stipulated and agreed that the said party of the
first second part shall be in no way responsible or liable for
any indebtedness which may be incurred by the party of the
first part or any liability now resting upon him or which
may at any time hereafter be incurred by him. And in
the event of the closing of said mercantile business at any
time before the replacement of said Sixteen hundred Dollars
with the profits thereon the said sum and profits to be first
paid before any other indebtedness against the said party of
the first part shall be satisfied
        Witness the following signatures and seals this
Day and year first above written
Signed sealed and acknowledged }    Jno McAllister  (seal)
before us this 29th Mar 1881   }      Margaret Blake   (seal)
           C.M. Cade           }
           S.P. Pattison       }

State of Florida } In person came before me C.M.
Alachua County   } Cade who being duly sworn deposes
and says that he was present and saw John McAllister
and Margaret Blake sign the above paper for the pur
poses therein expressed      }       C.M. Cade
This 16 day of April AD 1883 }
             A.J. Collins    }
                  J.P.       }
                              Recorded April 24th AD 1883.
                                          J.A. Carlisle, Clk
                                     per Jno M. Deveneau
                                                  DC

Transcribed by Susan B Glasheen 2 July 2017
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