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HomeMy WebLinkAbout1628 s~ fr~rj t ' ' f ~ 166459 MORTGAGE MODI~ATI N AGREEMENT qE: Real Estate situated in Sta. Lunie County, Florida, IegaEiy described as: The West 1/2 of the NE; of Seation 23, Townshf.p 31~ South, Range 39 East, leas and eacept the North 230 Peet thereof. WHEREAS, FIRST FEDERAL SAVINGS b IOAN ASSOCIATION OF FORT PIERCE is the Ow~er of a first mortgage ~:umbering the above deuribed real property bearing date of July 27 ~ , 19 62 , recorded in R,) (~1IM~) gook~~2 , pay~ 2~~_, gt:~ Lucie County, Florida, Records, securing a ~:romissory note therein desc~ibed; sne~a-a~ew~el~+r~ortgage~er~m+be~ngfhese+n~e~re~ei~propE.~ry; dere i.~----socoklodi+?-(A*Aa(~llt9~~8eok-------.'-(~e9R--------; aeeixing~-p~rvn+e~~~rrtotafFte~hrdescrib~d: the s3me havi~g a balance due this date in the aggregate sum of ~ ; and, WHEREAS, the parties hereto for mutual eonsiderations wish to (mnsolidate said indebtedness an~ revise the terms of payment thereof; THEREFORE, iT IS AGREED that the unpaid ba{ance of said indebtedness(es) upon the date of this Agreemeni is ~~~Z..Q~- , and that the undersigned herebz -p_romises to pay said amount, with interest at the r~te stated .~etow, S ?_f~.K.AO per month beginning on the day of M~.T , 196 to be ~pplied first to interest at the rate of~-96 per annum upon the unpaid balance of said indebtedness and the balance ;o principal until said indebtedness is paid in full. A late payment charge o{ ~ 13• 25 , shall 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 to mnstitute a sir~le mo~tgage lien on the above described real property, and any default under either of said mortgages shatl be considered a default as to both mortgages. ~I i f ~ In all other respects said note(s) and mortgage(s) shall remain in full force and effect, and the undersigned promise ; to pay said indebtedness(es) as herein stated and to perform all of the obligations of said morigage(s) as herein revised. ~ EXKUTED, SEAIED AND DEIIVERED, in duplicate, this the 22Ad-- day of B~1`i ~ , 19~_. 1 Signed, sealed and delivered ~ (Sea4 ~n the presenoe of: ner ~ 0~ - (Seal) ner ~i~.,e.~~l~ (~4 Owner ~4 Owner . ~ . ~ FIRST F~ERAL SAVINGS i LOAN _ ~ • ` ~ t ' a'.. , ASSOCIA rl t ~ ~ . ~ . 4 . ~ ~ ~ AuMwrized Off~ _ ^ ' *V~ _ , : - : ~ ~ STATE OF Flori da . , ' ° couNnr o~ 3t. Luci• z ~ ' t~ d ~ ~ 1 , I HEREBY CERTIFY that on thii day, befor~ me, an officer duly authorized in the State and Counry aforesaid ~o'~ak~,~~-! nowledQsrrnnts, perso~aqy appsared T~ F (~e~l 7 ni nk . - ~ .~.t i~ Y~, . to me known to be the persor~(s) destribed In and who exscuted the foregoiny Mortgage Modifiutio~ ~t~e+lint,~~irkr~ . __he_ adcnawled~d bsfor~ m~ that_he_ tx~cut~d .ths same. : ` ~ . ~ WITNE55 my h~nd snd officis) sesl st Ft. Pierc• , said County and Staro, thiL~~. day ef ~ ~ 19.~_. , ~ . :1 Notary Public, n and f~~or/ St~ro a ~+d.~` ~ t: V ~ r.r.~~~. ~ C~ • . . ~ a~~ 1?i 162~ M Comm~ssp~ ~x res: SU~ Y ,r/3.~1 ~ ~ _.~s°°" x " y/ AeRnN IN ~ ~h~M. i• '.fi., - ~._;a . ~ . ' _ YM ~"_y .'~~.~"`y~.. %z ~ T ~ _