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HomeMy WebLinkAbout0280 15~78~' . ; - MODIFICATION AGRESMSNT THIS AGR$EM$NT m~de and eatered into this 1 day of ~,~e{ 1967, by and between SILICOT$ SALES CO., INC., a Florida corporation, hereinafter referred to as Mortqaqor, and CONNSCTZCtIT GBNERAL LIFS INSORANCE COMPANY, a Connecticut corporation, exiatinq nader the laws of the State of Connecticut, hereinafter referred to as M~ortqagee. wiTrrESS~Tx: WHEREAS, Mortqaqee is the owner and holder of a promissory note dated October 19, 1966, in the oriqinal principal amount of FORTY-FIV$ THOUSAND DOLLARS ($45,000.00) executed and delfvered by Mortqaqor to Mortgaqee, said note beinq secured by a certain , ~eal estate mortgaqe dated October 19, 1966, and recorded October ~ 27, 1966, in Official Records Book 157, Paqe 515; Public Records of St. Lucie County, Florida, encum~ering the followinq described ieal property located in ~t.-Lucie County, Florida, to-wit: ~ k See $xli~~it "A" whi~h is attached ' . hereto and by this reference u~ade : a part hereof. AND WHERBAS, the date of_tezmination for the charqe of a certai.n ~ fee was inadvertently omitted on Paqe 1 of Sxhibit "A" a.ttached to ~ ~ said mortqaqe arid it ia the desire of the parties hereto to correct ~ 4 this error, ~ , ' 4 NOW, THBREFORE, in consideration of the premises hereof ; , , . and the atutual oonvenants and aqreements contained herein, the ~ ' _ partiee hereto hereby agree as follows: ~ l. The paraqraph on Page 1 of Exhibit "A" of the aforesaid ~j ! mortgaqe which reads as follows: "This mortgaqe is given to secure the payment of not . only the aforesaid promfssory note but also a fee of 1/2-0# 1$ per annu~a payable annually on each interest ~ payment date on aay amount of the above principal sum ~ not diebursed, aaid fee to be discontinued in any event ~ on , 1969, or on a date when the , S f - ANDEP•.5~~, Pt';N, DEAN & LOWi~DES ~ ~ + : ."t;CfS 3t L3W ` 1 , J:~ ~:_c'$ i'` 5 F ~ ~ ~ o?<..,.::;a.F~?c~o~. ~ a E : , ~ F.?7 ~ ~ ~ ~ i=~~ ~ 1 ' ' _ - - _e ~ ~ _