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HomeMy WebLinkAbout1986 -2- Bb~*' 31 P4U591 ST.ltJClf cov,.rr, fLA This hlatcuMent ahal~'~"-;~~-;;y-;rf~'~"t the priority of 4. tht" e:dsting IK}rtgllSf! h~l'ein, snd all the ter.a of sal<1 llortgaEC~ remain in full force .nd ~ffect exct'pt inaoCar as thf'Y are aodlfit"t1 by this Agree~ot. 3. The Mortgagee. "Rre~ Dot to ex~rci.e the ~~11oon feature of their abov~'aid aortsage unless they give the Mortgagor~ six (6) .onths written notice of th~lr int~ntlon to t"xercise the balloon fe.ture of .aid mortgage and note. and unle~s said writt~D notice is given, then this .ortgage ah&11 be treated as a conventional -six (6~) percent aortsage with payments of Sixty-Three Dollara ($63.00) per awnth. which paYlu~nt8 are applied first to intert'st and then tC) principal, this being the !Systelll cOJulonly u!ud by aortgage co.panles and savingll and loan a38ociation5. NO OTHER RIQITS OP ruE MQRTGAGEES ARE APfECTED BY TIUS IN- STRUM.B.~T A.ND nrE SOl.B PURPOSB OF nn S INSTRtJMF.NT I S TO REDUCE TIlE I~F.ST RATP. OF niB ~TGAGBt AND TO ALUM TIlE BALUxm PEATURE OP SAID MORTC-"GE AND NOTE TO CXJNTINlJE AS A CONVJ1'iTIONAL K>RTGAGE UNLESS MRI'ITEN NOnCE STATING (frHERWISB IS GIVF..~ AS AOOVPSAID. , IN WITNESS WHEREOf, the said ~tortga.gO(5 and th~ said MortgagN's hereunto set thrlr h~nd8 and seals this ~,~day of february, A. O. 1962. Signed, seal~d and deliv~red in the pre~ence of: (~(\-1J{{A~n"~! 'l- 'Y{-.i ,/ ~~.~. /' ~ Jf .'1'; fl ..:: As 0 ~rtgagor3 J --, 2" 2 .'f f) .. .,J, Irl,'},<,~(..l,J/ ./,' I -..' L ri.~nl~~ i );..'((~u...-:.~ to . ,or gageea , ~~ , itrt("~'t:~ ~t~? (Ji-~- (SEAL) . / F /.f/J \f/' :...{~X~~\Jn t: &~;f~';/ V (SP.AL) P-iortgagofl'j '-Yl~rt.ia.J .(. '{l.;,;~~(Sf,^L) '--f) '.- ..I,ll 'fl" ~. :/ / ';(i/ ~.~. F IJ.r~' . (SEAL) -'Jt: "'!I 1M ..-.... ..-Ad ~~ ~ T"'" "~Jl. " - I L. . n K. J U !lH n II ".K) L"I: p. '~~ j"'.A// ' Mort~Ap.ees da.n;'i STATE or FLORIDA C<XINTY or ST. LUCIE 1 HF..RBBY CERTIPY. That on this day, Defore me. an offl'~I',(:\jfill, /i.uthOl'iz~d in the State aforesaid and in the County afore...ll:t,,:t6;take acknowledgments, pf!l'sonall y appeared WILLIAM C. fl..XYrH llnd~ AYA1.-~ \!.., '" OCIOTH. hi* wife, to ae known to be the persons de5cri~d hi and ~ . e xecu ted the f oiego iog ins t rumen t and they acknowledp:ed before :~'" Hfl.'- they executed the same.' '",.', '!, WITNESS lilY haod and official seal in tht" County au4 .-~t.~i" 'la~,'t': ~ aforesaid this ;?((If.sday of pebfiJa~rY, ^4(' n. l'.Z9 I/~~; '.</.1 '~'.. .'.~'" ... L:.. ~ ~ II Vfi:J~!:11-1 '.,'..,." 1(1) a r y uOl IC My com~i88ion e~pire8: I - ~ 0 - "t