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HomeMy WebLinkAbout0398 - ~ . 3 ~ ~ ' ~ 1445~ D MORTGAGE 11~O~~CAT~N AGREEMENT RE: Real &tab situated in St. Lucie Couny, Floricia, legally deauibed as: Lota 5, b, 7 and 8, Bloak C ot the plet of ED(3AR'~!ObIN, as per plat thereof on file ir? pl~t Book 1, at paRe 160, publia reaorda of St. Luaie County~ Florida, ~aid lots beinrr alao described aa lota s, b, 7 and 8, o! Bloak F(C) oP the Asaesaor~e Map oP North part o2' P't. Pierce, F'lorida, aa per ~lat therAOf on file i7 Plat Book 1, ~ap~e 161~, public recorda of St. Lucie Ot111t3T~ Florida ~ • ~ i. i `~r c ~ l,j , , WHEREAS, FIRST FEOERAL SAVINGS d~ IOAN AS.SOCIATION OF FORT PIERCE is the Owner of a fint mortgage encumbering the above destribed real bearing date of -eatohAY` , 19~., reaorded in R.) 1~~ . Pa9e--lx~o-~-, g~• T~uC{ R County, Florida, Records, securing a promissory nate the~ein desuibed; and a seoond mortgage anwmbering the same real properry, date ~eeember 1. i 9~~„ reoo~ded in (O. R.) (AQ1~'p~ Boo!~ 1,~2-, Paga 2?fi , securing a promissory note therein described; the ~3me having a balance due this date in fhe agg~egate sum of ~ 1~~ii ~AB.?~_,~; and, WHEREAS, the pnrties hereto for mutual considerations wish ro(oonsolidate said indebtedness ar?d) revise the terms ~f navme~t thereof; THEREFORE, IT IS AGREED that the unpaid balanoe of said indebtedness(es) upon the date of ti~is Ag~eemenfi is j ; i~[~ ~OA,Tl , and that t{.a undersigned hereby promises to pay said amount, with interest at the rote stated ~elow, ~ 4~ n.OO per month beginni~g on the 15th~lay of Anril apptied first to interest at the rate of-_~____96 per annum upon the unpaid balance of said indebtedneu and the balance ~a pr~ncipal until said indebte~dness is paid in full. A late payn~ent charge of s 20. ~A , shall be added to each payment remaining unpaid seven days afte~ its due date. IT IS FURTHER AGREED that the said mo~tgage.s a~e so merged as to constitute a single mortgage lien on the above desc~ibed ~eal property, and any default under either of said mortgages sha{I be o~nside~ed a default as b both mortgages. In all other respects said note(s) and mortgage(s) shall remain in full force and effect, and the underalgned promise to pay said indebtedness(es) as F~ein stated and to perform all of the obligations of said mortgage(a) as herein revised. EXECUTE~, SEALED AND DELIVERED, in duplicate, fhis the ~nt1* day of ,~~ril ~~q 66 _ ` Signed, sealed and delivered ~ in the presenoe of: ~ ~ c../~~p1~- , Q~ t - n • _ ~ , * i_ i ` 0111/flEf = ~,o i±wt•r ~ -xr _ 4 ~ - : :.~...fif t~i;~ T - ~ ; FIRST f~ERAL SAYINGS i LOAN f ~ ASSOGA OP ; _.ot : ;~~~c:.:. ~ ` _ ~ 1+~ J~~~f` ~~h~=~. : - ~ . ~ By ` p: ~ ~ ' , `t . ~ Authorized '-_.ri''•~•:::•.:~• ~ i STATE OF Florida ~~~:,Ky~.. ~ . - ~ counmr oF 3t. Luaie _ ~ . I HEREBY CERTIFY that i~ tda,~l~ b~io~pme,~n qf~ae~ duly authorized in the State and County aforesaid.l~ tAks adc r,owledyarr~ents, ~ , B. Ive4 and F'ran~es R. Tv~~i'. hie xifb' P~~~~~us~~` . : 4 ~ uih. , { . ~ -++•~~f to me kraV+ri~,'~. ~~rr'~ y:iq-a~d who euecut~d the taregolrp MortQage Malificatbn Aqreems~t, and -~+e~C- ac~ ~ ~r~ll~~~;~~wc~wled#hs sarne.,. . WITNESS mY~ha~il ~,i~~l "~i w,.Rw , said'CouMy and Stafs, thi~.2~h day of ~nri ~ 19.~._ a"=.~~r , r~ ~,Y Notary PuWic, and for State ans! nty Aforesaid. ~~-S ~~1~ ~ \ ~ S . ~ . : Y,y•.«..••C v`,.~ , ~ _y1~S1A~~t•~ •~t!I,'I ~::::~•:1i'~~143 Not~tl? Pt~:t. Stste al flot~a tt rqe ~ ~ D / 3 ' ~ Fr~ 3 `af~a::r w. M e~~r~ d - _-`-•..___._.---_~..A._.~_ - r~