HomeMy WebLinkAbout0868
o ~.
ih(' 54 IkS{ 166
~ " "1" f .' -
. . .. .. l " : I' ? <t ' , ~
", ('
;; I Ca /
AGi\EHMENT
.&aa.."--<l. q
THlS AGKnnMHNT, Made tbUi let day of AugU4tt. 1962,
betw('en FlR~l' FEDERAL SAVINGS ^ND LOAN ^s..~CX;I^TION OF INDiAN
HIVBR Cl'XJNTY, 0\ l:.'orp.>ration under to.e lawa of t~ Uoit."a St.au:u~, p-llnyof
the tlnH part, 800 WAl;rliR G. PARKS and CATHRYN M. PARKS, hhi w1fe,
I pan \ea of the second part, WITNHSSliTH:
WHHRE AS, the pantes or t'he 'UK"ond pa.n exel.:uted it mortgage
, 10 the potty of I.he f1rtH pan 00 property des.cribed 1n said tnQrtgage, which
mortgage """ dated November 30. 1955. on..! recor,,*,d Novem be r 30. 1955,
,. under Clerk. 's PUe No, 4.672, $t.. Lucie Coon-cy, Floch.1a. publ1c n~{:oTdt\ and
I
I
\
I
I
I
I
!
I
$11,500.00 waa p~a.ble in eqllal monthly payrnent8 01 $115, 00, .~!d (hi: 1!lmree
WhICh aa1d mortg~ge 8-eC!.lrt.o.B pay-rnen! o! $l) , 500.00; and.
WHE RE A.~, by the terms of Rald r\Q(t' Ail<i mortgage tHUd
011 ~l!id amouo\ was Qt the nue of tiLl (6%) per cent per annum. and,
WHEREAS. there nO"* remi'Jion unpaid on 8~ld note and m<>nga
I
I
I
I
WHBRH AS. t11t: p.ilrtiea of the second part have requcBfed the I
parlY of the !Ira t port !O Ilr an! an .,.ten alotl of the time for pay"'. nr of th" oaid I
I
I
\
I
I
I
I
\
I
I
\
.t
the bal~nce of $6, -428.56; and,
balnoce of S6, 428. 56, and to reduce aA.id month.ly payment8 to $6-4,00 per
momh. I1nd th~ party of th<e first pan haa agreed to grant Duch extension
ar.,d to reduce the p~yrrf6nrt} on tertng Qno cOf!(Huon.e her~inifter set fonh;
NC1J.;'. TIIHRHFORE:
in confi1~n:nion of the premiSOS _Hld of the muwal covenQ.f!t!i
I herein~trer net forth the party of th.e hr~t pan hss and heflSby dc-Pe8 g.ive ~d
grant unto the parties of the e-econd plU't an (lxtfHlB100 of time iOl ~m(:nt o-f
lwid balance and the pan.y of the BrEit psn ~B hltteby further ilgree {h~t
the parties of the f\e-u.md pan Hhall h&\"e the privilege or pay.1ng said b!il~nce
in monthly payrn{int~ of $64. (JO ~r month. beglnniUi with rho Uut payrn.ef1t
of $fJ4. 00 on AU~Wlt L 1962. and r.1-.ereafter to fl4P1 the fi\.un ot $64.00 on the
Unit duy 01 e3Ch ~nd ~vory month uotil Hw enure bal~4!oe due v~r @>>}4 J)O.tii
, ahl\li "" paid.
I
HHtb~ 'imlt.b fr ~~~9;. "..).t~'rl At ~~. V~Kl t.:w.~, fkrl,t,.
).. -:
I
I
I
I
I