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HomeMy WebLinkAbout2086 . ~ 1 , . ~ ~ located on said property, they. ADOLPFi S. RADEMACHER and MARY j i RADEMACHER, his wife, would enter into a mortgage modifiaation ~ agreement with LUTI~R ASKINS and CHf~?RLpTTE ASKINS, his wife, as ~ ~ ta the two mortgages covering said property combinin; and ~ { consolidating them and reducing the amount to be paid and changing i the terms and conditions of payment. ~ ; , WI~REAS, a warranty deed was duly executed by HENRY H. f HANCOC~' and GLADYS NYE HANCOCK, his wife, to LUTAER ASKINS and CHARIATTE ASKINS, his wife, on March 9, 196~, and recorded in ~ O. R. Book 165 at Page 1287 of the Public Records of St. Lucie County, Florida; this warranty deed conveyed both parcels of the above-described property and was made subject to the two foregoin5 ~ 0 g mortgages, . r ~ NOW THEREFORE WITNESSETH: c ~ ; For and in consideration of the sum of Ten Dollars ($10) and . ~ the mutual covenants and promises herein contained, ADOLPH E. 3 RADEMACHER and MARY E. RADEMACHER, his wife, herein called the ; ~ ~ ; mortgagees, do hereby covenant and agree with LUTI~R ASKINS and Y 0 ~ CHARLOTTE ASKINS, his wife, herein called the mortgagors, as F E ~ follows: l 1. The two mortgages as set forth above which are now owned or held by the mortgagees and recorded in O. R. Book 60 at Page 64 and O. R. Book 60 at Page 659 of the Public Records of St. Lucie County and the promissory notes secured thereby are hereby combine and consolidated into one note and mortgage covering the following described property: E~ of E'~ of NW4 of SE~ of Section 7, Township 35 South, Range 40 East, less and excepting all existing rights of way thereover for public roads arid drainage canal purposes. Y 2. T'he new terms and conditions of the consolidated note and mortgage are as follows: Z~he total amount of the indebtedness owe f by the mortgaqors to the mortgagees under said consoZidated note ~ B~I( ~~7 PtiGt ~U6y ~ -