HomeMy WebLinkAbout2250 ~ . _
. . -
- 16i018~
M IF T DET E
This ag~eement entersd into this ~-Lday of ,~g6], by
and between RE6INALD V. WATERS and ELVA M. YATERS, as exec~xo~s of the Estate of
Fra~cis Scott Maters, also know as F. Scott Maters, daceassd, and REGINALD V. WATERS
and ELVA M. MATERS, as Trusteos, under that certaln Trust Agreemant dated Feb~uary
. {
5, 1957, reco~ded in Deed Book 236, page 209 of the Public Records of St. Lucie
County, Florlda, said~executors and trustees togeth~r-hereinafter called the Mort-
gagor, and LON WORTH CROM, Jr., as T~ustee for the LON VORTH CROW COMPANY EMPLOYEES'
PROFIT SHARIM6 FUMD, hereinafte~ called Mortgages,
W i T N~ S S E T H: ~
WHEREAS, Mor~tgagor on the 22nd day of July 1963, dTd make, execute and deltver
to Lo~ Vorth Crow Company, a Florida corporation, a certain martgage note and aart-
gage~securinq same, said mcrtgage baing recorded~in the Clerk's File No. 1y7379 of
tha Public Records of St. Lucie County, Flor.ida, and aiaended by a Modification .
Agreamsnt dated July 26, 1963, reoorded in Official Record Book 67 at Page 449 of
said Public Records; a~d . ~
MHEitEAS, satd mortgage was further nadifted a~d extended by agreement dated
August 31, 1966, wl~ich agreeaent was filed in the aforesald Public Records under
Clerk's Rile No. 148204 ; and
,
MMEREAS, the abav~ dsscribed mortgage, as modified and extended, encumbe~s
the foliawing property:
Lots 4,5 and 6 of J. P. Heerman's Subdivision, of ~
6a?er~nment Lots 2 and 3 of Section 29, Tawnship 36
South, Ra~ge 41 East, according to the Plat thereof,
- recorded in Plat Book 1, at page 203 of the Pubtic
Records of St. Lucia County, Florida; and
MNEREAS, said iaortgage as modified and extended has bee~ assig~ed, transferred
to and ts held by the above descrtbed mortgagee, ~on Mlorth Crow, Jr., Trustee; and
,
MHEREAS, it is the desire of the parties hereto to further modify and extend
the aforesaid note and mortgage.
NObI THEREFORE, in consideration of the foregoing the parties agree as fol-
iows:
The unpaid prl~cipal balance due and awing under the above described note
and mortgage is ~15,000 with interest due thereon at the rate of 8% per annum,
satd intarest owing from September l, 1967. The principal an~i interest as here-
in raodified shall be dua and payabis as foliaws:
Interast only from Septe~aber 1, 1967,.sha11 hareafter bs payabie quarterly
commsnctng on December 1, 1967, and cor~tinuing on tha first day of each April,
8~~1b8 ~~2~
; 5
E
~
t_ _
~ . . ~ „ , r...:=- : . - _ . . . _ .
_