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HomeMy WebLinkAbout2061 ~ ~ ~ r~ORTGAGE 1~~OD LF ICAT ION A~GREEME NT t ~ r~¢ a THIS MORTGAGE MO~IFICATION A~REEMENT made and entered into this 2'jt~ day of December, 1965, by and between ii. C. STONE and WYONA STONE, his wife, hereinafter referred to as Mort~agar, and ATICO FINANCIAL CORPORA- TION, hereinafter referred to as Mortgagee, W I T N E S S E T H: WHEREAS, W. C. STONE and WYONA STONE, his wife, made and issued their one promissary not~e date~ the 20th day of September, 1965, in the amount of Twenty-Six Thousand Five Hundred and No/100 ($26,500.00) Dollars, ~ payable to the order of ATICO FIN~NCIAL CORPORATION, and to secure the sarue the said W. C. STONE and WYONA STC:~, his wife, executed a mortgage likewise dated September 20, 1965, conveying unto the Mortgagee the following described property, to wit: Lot 20, Biock "'L" of MARAVILI~1 ESTATES, according to the Plat Chereof recorded in Plat Book 8, Page 77, of the Public Records nf St, LuGie County, Florida, which sai.d mort~ge was recarded on September 20, 1965, in Official Records . ; i Book 127, at Page 81, of the Public Records of St. Lucie County, Florida; and WHEREAS, th2 said mortgage and note provided that the first monthly payment of One Hundred Sixty-Six and 95/100 ($166.35) Dollars shall be due ' and payable on the lst day of April, 1966, with the final pay°ment of the entire indebtednes,s becor~ing due and payable nn the lst day of March 1991; 4 and WHEREAS, the parties have agreed to modif y said note and mortgage so as to make the first monthLy payment to become due and payable on Febrtiary 1, 1966, and the final paycnent of the entire indebtedness to become due and payable on the lst day of January, 1991; ~ NOW, THEREFORE, in consideration of the mutual Govenants herein ~ cantained and One ($1.00} Dollar and oth~r good and r~aluable consideration~, moving from each party to the ottier, receipt of which is hereby acknowledged, ; the said Mortgagor and Mortgage~ mutually covenan~ and agree as follows: ~ 1. That the princi.pal baJ.ance of sai3 note and mortgage is the sum of 'Iwenty-Six Thousand Five Hundred and No/100 ($26,500.00) ~~Llars with interest du.e therean from DBC. 2'jth 1965. ~~~~R~ 1~~~ 5