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HomeMy WebLinkAbout0302 70 ' 1461'75 f ` ' i ~3;~a ~ MORTCsAGE MObIFIGATION AGREEMENT RE: Real Estate situated in _..,St. L.ucie County, Flo~ida, (egally deuribed as: ~ The South 6.0 feet oP Lot 4, all of Lot 5, and the North 12 feet oP Lot 6, Blook 1, BLAKELY 3IIBDIVISION, aa per plat theraoP on Pile in Plat Book 10, page 50, public records oP St. Luoia County, Florida. ~ ` ( ~ WHEREAS, FIRST FEDERAL SAVINGS b IOAN AS.SOCIATION OF FORT PIERCE is the Owner of a first mortgage ~ encumbering the above destribed real property bearing date of December 2~ , 19_fiII._, recorded in , J_ R.~~,~ g~k 1 , page 1Q_, Qt_ L.ueie County, Florida, Records, securing a p rom issory note therein described; e~~ ~ecsnd~++Aerlga9o-enewwkiefiwg ih~.sa~ao seal. propartyr dat• - - - - - - - - - - - - - - - - -~-reoarled ~ K~ ~~9*~'~!'~ - - - - - - r ~a9o - - - - - - - - r secrrirx~-a- P~wa~+ciosY~ a+wo .tbewiw doscr+hed: the same having a balance due this date in the sggEegat~ sum of s L- 9~..~ -13 ; and, WHEREAS, the parties hereto for mutual aonsiderations wish b(consolidate said indebtedness an~ revise the terms of payment thereof; THEREFORE, IT IS AGREED that ihe unpaid balance of said indebtedness(es) upon the date of tfiis Agreement is 97 ~,.1 ~ , a I~ ~ undersigned hereby promises to pay said amount, with interest at ihe rate stated :~elow, ~~}~00 ~eN inning on th~~_ dey of JL~ , 19~_ to be ~~pplied ~rst to interest at the rate of~% per annum upon the unpaid balance of said indebtedneu and the balance ~o principal until said indebtedneu is paid in full. A la~e payment charge of ~2.5~ , shal) be added to each payment remaining unpaid-seven days after its due date. IT IS FURTHER AGREED that the said mortgages are so merged as b eonstitute a single mortgage lien on the above described real property, and any default under either of said mortgages shaN be mnsidered a default as to both mortgages. ' i r i ~ i . . I In all otF~ respects said note(s) and Rwrtgage(s) shall remain in full force and effect, and the undersigned promise ; to pay said indebtedneu(es) as herein stated and to perform all of the ligations of aid morigage(s) as herein revised. ; EXECUTED, SEALED AND DELIVERED, in duplicate, this the ay , 19~.~i.. ~ Signed, sealed arxl delivered ~ of: _ ~a L. pp av,~ . cs~n - or s . pp ~ ~ . _ e A. Stallj,t6~wb~r , ~ . ~,~,~.o ~oap~V''~.,~` . _ - 7'l~j, ~ ~ ~ Dora Me~e 3tal~yp~th . - ..;c,` : ~ _.y. `1~°aroa.t~~, FlRST FEDERAL SAVINGS i LOAN i ~ `s - ~ : _ - ASSOCIATION OF PI = ~ - . - a ' 7 ^ . '-s~ ' By • ~ ~ y ~ a y ~ . . x ' ~ • . : ~ - - AUihofizsd OfRte~ v ' ~ STATE OF . `~i~Q~'i~~7~~ . ~ . ; ~ _ i• COUNTY OF ~$.t~~,~ p~ I HEREBY CERTt~ that on thi: day, before me, an officer duly authorized in the State and County aforesaid to take adc- nowledgements, persona{ly appeared Howard L ~,jZneraon and Dnris ersonY his wife~ and Joe A Stalltetorth and Dnra 1+Iae Stallurnrth, ~ a wi fP ~ •,,.il to me known to be the person(a1.' ' in ~~~o executed the forega:ig Mortgage ModificaYwn Agreement, and ~he.~ adcnowledged before3~+~ b~p6yed the same. ~ ; ~ir . ' , : G''- ' ~ WITNESS m hand and o ~ , said County and State, thi~ day of JlitzoT- 19~.. y ' 'V : c~ ~ • r; ~ Nota blic, in a for State and County Aforesaid. ~ =p1~~ .'.O~ _ i ' ~;.•'n~.-~ . J ~ ' O1 ~lOrfd~ it I.a~s ~ `'K`~4 ~ ~~1Y Commission expires: notary PubMC. lta1~ . ~.G' J;/ • i3ond~d 9y Am~rican Sur~iy Oo. o~ N. Y. ~:~-'"~``'>~~~z a ry_~ . ~,Es~„„ ' ~:n-::