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HomeMy WebLinkAbout0071 .,.,.". ~ fIi '"" (\ '!tJ b.J I~tf th ""--. ..... it iI. ti", . v~, p t 1\ I I i fi ... .. " S 1 . ~...;C i{ C:l.hl~' it,'. ~l'GA.GE EXTEN S 100 ANI) K:l>lF lCA'rlON AGRtY.MF~T WITH f'EHSOOAL INOY.M:i l1'Y ~ _...~~4 ""'...-- " W'H:EREAS. B~ STRf:E'r GROVES. INC. did on the 14th dn>' of I ~ AU8\19 t. A.. n.. 1960, execute a mortgage in thf:, principal Rmoun t of ~TW'F,.N1'Y ErGlrr THOUSA.ND FC"'JR Ht!?-.'DRF.D NID NO/lOa ($2B,'.OO~OO) nOLLA_RS, I" encwnbering tho. following~' (\e.ficribc(\ l'l1'Operty t tc...wi.t ~ ~ T1\\':, SKi of the NEt of Sect lon 2, Township U 35 South Range 39 Enst EXC1':P'I'ING THEm:F'ROM I I! " l'i.ghta-oL..waya for publIc rGtlds and dri'\inn..gc I i, ' ,eana18 - and easements no", o( record, l.aid ,"ortgago boing llIade to C!TROVE. lNC. und 8aid mortgage being I ~r~corded in Mortgage Book 161 t at page 41ft, of the Public f{cc(,)rda ~ !tor St. Lueh:: Cou.nty" FloridB, nrvJ ~ w1n:RfAS. Cl'TROVE~ INC. is still the O..,'11Cl~ and holder of sald t!mot'tgagf) t and !J I n t,J}U:REASJ BlLECi<".Y>R S1lU':F:r GROVES. n~c.. is in the proce.ss of l~e~ IIf, ':nnh~.i",. t-he> f'.. ,-"'.- ",'~T'+-...nn& ,...1", Lln~ A ",,>-nn.,."t~t-u J1t1[~ i" .l"" 1 rnl!fi "f I H" Ll\~-~~!.\""..i..it5 l..,I,-,", ....4......... L.1J"-o. ~V'" ....0"".:0.", ~-,":r;.~ .;-"':---'" ye:. -~i~~~'=< ~J' -.-:-"<-.- -,--" --_.-=-,.-.-- "'-"-.,.=- ----- I' ,. !'having CITROV'E. rue" aubordin.o.t~ ita afor'...,.me.ntioned mortgage: to I ~ I ~the. new first !n()'ctgagc t and I ~ Wl-1.E:RE.AS, the fH'.W mortgnge to be pli.lC(>d on th~ property nbovt.1 1\ !i . l;.<;et out is to the P1UmnrrI.Al. UJStmANCr: CO!-1l"i\N't OF A~..E..f{ICA. tn the ~ 1 il ,~rLnc ipfll aUUl of YORTY f'lVE '11WUSANlJ AND NO/lOO ($t.S ,000.00) I r01.l.t\RS, with in.tercel. at th~ rate of ~i)( per cent (6'X) pcr flfl.n u.m , I ~epayt1ble Th'D TI1(j,.JSAND TWO HUNmU:..'P FIF'TY lvm NO/100 ($2,250.00) l ~ pOLIAR8 on the 13th dny of Hay ~ 196[.. and a 1 ik~ eurl) nnnually then' \~ftcr on the 13th day of Hn~"t cuch nnd l~V(,.t"y yenr to and includi.ng \i ~ l~he l.~th duy or HllY ~ 19(31, (md the rc,nnin ing prine ipn 1 balance ond ! ~ntc:CiJ.at thereon ot the above rote fihall beCOffi0 <hi<.: un!! pH)'Hble on I H I It:hn l~t:h day of Sevtcmber~ 1982, find I :j ;1 1 W1tl..i'1.F..AS, the (If orcmcn t Loned mur't:gnge, to CITROvr.Ot n~c. W.Hi ~ ~ecut'Cd by A not(', ~ndoriJcd perp".,>IHllly by '11IEI1.1A HUSh, IDUIS J. rU1-iEUS, , &'lB GEORGf~ Hnd HElEN L. GEORGE. mvl, \\ W11fJU!.AS, B!..f.IX:Y..rn Snu.:E-:1' GROVESt lNC. 1.6 WilUIU!, to pay t.he f ~ ~ecolld ffii)l.tgilgl". held 'hy CITRO""!:. rNC. dO'...rn to n pril\cipll1 hHlullcc ,. ~ lh\lc of 1"W'f:lNE 'If{OU[{A..~t> AlTO NO/lOO ($12 t 000. 00) DOLl..,;\RS upon the II ~~:10idng of th(~ refinEtTlcing by DLEECKf:R STKfIT GROVES. we.. ~ith CHA'nU t 'K)!1 , {;WllGf ~ ~..._.u ~ . . ut)'I..n-. .., I"''' ~ , 11 UK~' (t:~n s-,.u IlUI4- ij -,~.~~ I ...1- i I I I I \ I I \ \ I