HomeMy WebLinkAbout0852 . ~ , ' ~
i
~
.i ~~3~~.1
MO'DI1rICATION AI~ID ETl~A1SI0N AQtEEI~BI~T
~ !
THIS AGREEI+~NT, sade and entsred into thia ~ day of ~ebru•
ary i966 by and betkean: _
GEt~ERAL DStBLO~!ltNT C0~lOBATION, a D~lavare corporation
suthorissd to transact busiAaas in Florida ~heraio called
firat party), aad
T~8 M~ST ZUTIOI~IAL BAI~ 0~+ ?[LMI, a national banking
aaaociation (berein called second party);
iRTI~SSETH:
N~~SAS, on Septesber 16, 1960 firat party uade, e~cuted and
~
delivered to second party its psaaiasory nota in t6e a¦wunt of 0l~E HD~D~ED
8ica~r ~ou~ a,rID Ho/~oo na~xs (~iso,ooo.oo), c~oget~sr .nt~ a.wrcga~
of evea date 4ecuring the sa~e, said ~rtgage beiag describsd aa follo~rs:
~fortgag,a ncorded in Z~lortgag~e Book 1b8,
at Page 165 of the pablic recorda of St.
Lucie County, Florida, and covering the
property tberein described;
i1tBBSA3, firat party 6as requestad sscond party to extend ttre
saturity date of the ~rtgage r~ferred to above fro~ March 1, 1966 to
Narch 1, 19b7 and to vaive fiaal paysent of principal until said date,
Naii, T~EBBFdItE, Ha IT ?~IQiN, for aad in conaideration of the sur
of 1EN DOI.i~S ($10.00), each to the other in 6an~d paid and for ot6er good
and valuable conaiderations, it is autuslly agreed by aad bet~eea tbe partia•
;
4 hereto, for tbesdvea, their auccersora and aaaigns, that the mturity data
! of tl~e pratiasory note aad ~wrtgagie dated Septesber 16, 1960 aad described ;
:
~ above be and ttu aase is bereby eztended to March 1, 1967, provided, ho~ever, ;
~ that a priaciQal pay~ent of Seven T6ousaad Zti+o Hundred aad No/l00 Dollara
.
~
g (~7,Z00.00) aha21 be sade on March l, 1966, iacluding interest at tha rate
~
prescribed in aaid note, and that on the firat day of each month thereafter
~ .
~ interest shall be paid at tbe rate prescribed in said note, ~rith a final pay-
~
~
} ient of unpaid principal and intereat to be ~ad~ in full on March 1, 1967.
,
~
~
T6~e first snd seco~ parties agree that escept as t~erein providad,
s f
& :
~
!
§ ~
~
~
~ 8~R!(~~~ ;
~ ;
Y {
6 ~
~
z
v
~
- ~ ~ - -
1_.._ ~ y . _ . . _ . . _ _ _ . . ~ ~ .