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HomeMy WebLinkAbout2778 ~ ST. ~UCI~~COUNTY~ Ft,A. -L~3~'i ~•:CO~D L ~ ~ RIFIEO ne~ M~ 's~ 1~'~R 1 PM 3: 52 NO?rE AND MORTGAGE MODIF ICAT I GEtEEMENT 1~3~,~~ i = o~ r~~,s AGR~:EMENT made this ?th day of March, ~~E~K q1l~60~r bi1UR~ be- tween VINCENT S. TODARO, party of the first part and W. ROBERT BRYANT, Trustee, party of the second part. The party of the first part hereby agrees to extend the time of payment of the unpaid principal balance in the amount of $14,120.00 from the parties of the second part to the party of the _`irst part tu the 30th day of March, 1972, being the sum secured by a promissory note and a mortgage in its original amount of $14,120.00, said mortgage being recorded in O. R. Book 480, at page 728, of the public records of Bre- vard County, Flvrida; that the rate of interest on the ~ncipal shall be at the rate of eight percent C8°Jb) per annum from the 30th day of March, 1967, and shall be paid semi-annually; that the party of the second part will pay the entire principal due under said note secured by said mortgage on or before the 30th day of March, 1972; that this Agreement is an additional five year moratorium on the principal pay- ment with the interest being increased from six percent (6%) per annum to eight percent (8°Io) per annum commencing on the 30th day of March, ~ 1967; that said note and the mortgage, and the terms and conditions and provisions thereof shall in all respects, except as herein modi- fied, remain as security for the payment of said principal sum and in- terest with like effect as to default in payment of interest and other def aults as in said note and mortgage provided. IN W ITNESS WHEREOF, I have set my hand and seal this date as first written above. S' ned and sealed in p e nce f : . ' O ; STA7'E OF FLORIDA ) COUNTY OF SAINT LUCIE ) ~ I HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State aforementioned and in the County aforesaid to take acknowledgments, pezsonally appeared VINCENT S. TODARO, to me known to be the person described in and who executed the foregoing instrument ~ as the party of the first part and he acknowledged before me that he ; executed t.he:: s ~ WIT~j~i5S..~i}~::~i~nd and official seal in the County and State last afore~.a~id;~th~~.'~~2i: day of March, A. D. 1967. ` ` P,. . . . ~ ~ . ^ ~ , ~ ` ' ~ ~ . a. . h.` '•`t•,t - i' c~' o a r y u sc ' '1' = 'r ~ ~ ~ My Comissioq Expires: ~ ~ : ~ i' ~ .;?i ~ . - ~ _ : n~- Notary Pub~c, State of Florkia nt1;a~~ ~ 'i, !Ay Commission Expires Dec. 11. 19 ~ , ~~~~nded by Transamerica Insurant! CO. ~ -'~'_~~'F^'~'~rbwz'x""~Y'^~u..-,~-• ~'^~~`r.r r .~.~.:3 - - ~ - ' ~ .:~~~~~~yr.:. : ~ .1p;.. _ ~ y, . ~ _ a~'' _