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HomeMy WebLinkAbout1600 / a ~ ~~i~€;~~~ MODIFICATION AGREEMENT ~ THIS AGFtEEMENT rnade and ~xecuted this~f day of~~'~965, by and between 'W'7~fGNER GR~V~S, INC a Florida eorporation, herein- atter called the mortgagox, and FI.ORIDA. NATIONAL BANK AT ORLANDO a corporation eacisting under the laws of the United States of America,. hereinafter calted the Martgagee, .~tITNESSETH : That , W~R~AS, the mortgagor e~:ecutea and delivered to the mortgagee a certain Chattel Mortgage dated March 18, 1965, and recor~ec~ in O~~icial Records Book 113, Page 433, Public Records af St. Lucie Caunty, Florida, and ~ ~ W~REAS, subsequent to the execution and delivery of said Chattel Mortgage the parties thereto have been able obtain x~~ g a more specific ancl definite description of many o~ the 3ter.is oF g equi pmen~ which are encwmbered b y said Chat~el Mort ga ge, and ~t ~ a~ w'I~RF.AS the parties hereto also wiah to place under ~.he lien of saicl Chattel Mortgage the drainage s ystem equi. p ment located on ~ the hereinaf~er dsscri}~ed land, and ~ ~ fV~~ WF~RE'.AS this r:2odif3cation agreement is executed for the purpose of describing more s,pecifi~ally and definitely the properfiy encumbered by said Chattel Mortgage ana also for the purpose of p~acing under the lien of said Chattel Mortgage said dzainage system and equipment, NO'~J, THEREFC3RE , Zn consideration of the premises and of the sum af One Dollar ($1.00) to each of the p~arties hereto paid by the other party and in consideration the several and mutual agreer.?ents herein cantained and for other good and valuable considerat~.on, the parties hereto do hereby cvvenant and agree as fol~ows: . 1, The property which is encumbered by said mortgage and - which is set forth on the first page of said mortgage, whieh reacis as foZlc~ws : "overhea~ irriga~ion sys~em inclucling but not limited to asbestos cement pipes, p].ast~c pipes, steel pip~s (pump connections), steel pipes (spr~nkler riser$), sprinklers, ~ ~egulators, ancho~s, glastic fittings, valves, pumping ' units, sumgs and misceilaneous fittings and guages, the ~.ocation oL the above describQd overhead irrigation system heinc on fi.hat certain real property located in St. Lucie Caunty, S~ate o£ Florida, to wit: Blocks b, 7, 8, 12 , 13 and I4 (LESS the South 120 . E~6 . ~eet ot said Bloek 12) FIARIDA MAID CITRUS GR4VE according to the plat thereof as recorded in P~.at Book 13, Page 1, Public Re~cords of St. Lucie County, Florida." 3Q7X ~~V ~ .....r_