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I~SURTGAGE ~10DIFIGATION ACREEI~IENT
kE: 12ea1 Estate situated in_ ga~nt__Lucie____. _____County, Florida, legally described as:
C ommsenoe e t the northwa e t corae r of ~h~ 3w~ cf the 3W~ of the 3W} of 3e c-
tion 7, Tavnship 35 south, Range 1~0 e~at, thence run south 1~2 feet for a
point of beginning thence coAtinue aouth 525 feet along the xeat liae of
the 3X~ of the 3i1~; thence ea~t 420 feet, thence north 525 feet; thence
Meat 42U reet to the point of beginning cc~ntaining five acres, more or leee,
excepting therefrom rights of Way for public road~ and droinage canala. All
the above land being in 3~int Lucie County, Florida
WHEREAS, FIRST FEDERAL SAVINGS 8~ IOAN ASSOCIAtIGN OF FORT PIERCE is the Owner of e first mortgage
t:ncumbering the above described real ~r~~ rty bearin date of _~Q@Y~fl~___l~___ 19_~, recorded in
;7. R.) (Mtg.} Book_~ 2_~, page_~l__-, _ ~~~nt Lueie _ ~ounty, Florida, Records, securing a
promissory note therein described; and a second mortgage encumbering the same real property, date___'~~L 1Q_
19._,~~_, recorded in (O. R.) (Mtg.) Bookk.~ 1~~, Page~..l~_ , securing a promissory note therein described; the
ssme having a balance due this date in the aggregate sum of ~ and~
WHEREAS, ihe parties hereto for mutual considerations wish to (consolidate said indebtedness and) revise the terms
of payment thereof;
?HEREFORE, IT IS AGREED that the unpaid batance of said in~ebtedness(es) upon the date of this Agreement is
~s.,~~0~41__.______.__, and that the undersigned hereb promises ta pay said amount, with interest at the rate stated
:»low, $ ~5.00 per month beginning on the
~_h day of S~ptember , 19~_ to be
z.pplied first to interest at the rate of-_ 6--°~o per annum upon the unpaid baCance of said indebtedness and the balance
io princibal until said indebtedness is paid in full. A late payment charge of $___2_._2~___-, shall be added to each
~~ayment remaining unpaid seven days after its due date.
IT IS FUR7HER AGREED that the said mortgages are so merged as to constitute a single mortgage lien on the above
described real property, and any default under either of said mortgages shaEl be considered a default as to both morYgages.
In al) other respects said note(s) and mortgage(s) st~all remain in full force and effect, and the undersigned promise
to pay said indebtedness(es) as tierein stated and to perform all of the oblig~tions of said mQrtgage(s) es h~rein revised.
EXECUTED, SEALED AND DELIVERED, in duplicate, this the 7'~ - day of AL1gLiet ~ 19~.
5igned, sealed and delivered (Seai)
in the pres nce of: , ,,~y~ O er
~ ~ ( . -(Seat)
- . O er
- Seal)
S~ wner
•~.CC <<
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Owner ~ ~
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FIRST FEDEItAI SAVINGS & LOAN'; ; ~
ASSOCfAT~O QE-~GRT PIERCE ~ : ~f = ~ ~ '
:a -
~ aY ~ ~ ~
, Authorized Officer~''.,~
s~atF oF Florida
couNrY o~ St . Luc ie
I rtcREBY CER7IFY shat on this day, before me, an officer duly authorized in the State and County aforesaid to tafce ack-
nowledgements, personally a~ipeared Jo~ M Leilg6l ~1Ad ~1~t E11z~theth J L~Ilg,l1.L-.-
to me knc~ev~}1tl'!f2'tK~'p~'t'son(s) described in and who executed the foregoing Mortgage Modification Agreement, and
~he~vacrcn be~ote me thas_~he~t... executed the same.
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WITt~im~~an~ ~a,nd"of~icia{ seal at` FoPt Pierce , said County and State, this~ day of A~u~t
19W~~ '~(J ' l~' ~ PJotar blic, in and for Stat and County Aforesaid.
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~ " ~ ~ ~ BOOK 1~5 507 r,~.. ; . 3t _?.g~
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N1y ~ommission expires: _•;:c ^:~-~~"s;~;~ . .
. . . 3pr,;;~d E~y;;~~~er+c.an ~u;a.~'^ ~ •