HomeMy WebLinkAbout1674 The promissory note, dated February 11, 1966, in the face amount of
$15,000.00, executed by Evelyn F. DeKold Neville, A. Barlow Heikes,
and Caroline Heikes, payable to John H. Sutherland, as Guardian of the
property of A. Walter Rohrbach, Incampetent, which said pramissory note
has an unpaid principal balance of $11,250.00, plus interest accruing
fram February 15, 1968 at 6~ per annum, shall be amended to be payable
as follows:
The principal and intereat of this note is due
. and paqable in three (3) equal annual installments
of $3,750.00 each, commencing February 15, 1969,
and continuing on the 15th day of each and every
Februarq thereafter until said princ ipal sum is
paid in full. In addition to the principal pay-
ments, interest shall accrue co~noonencing on February
15, 1968, at the rate of 6% per annum on the unpaid
balance from time to time remaining, with the first
inst allnnent of interest being due and payable on
Februarq 15, 1969, and continuing on the 15th day
of each and every February thereafter until said
principal sum is paid in full. In the event of a
default in any payment of principal or interest,
which default shall not be corrected within 30 days
theresfter, then the entire remaining unpaid balance
shalliimmediately become due and payable at the option
of the holder of this note. Any papment or any part
thereof may be made on or before its due date with-
out penalty.
;
j The property included within the mortgage is that certain
property as shown on the mortgage recorded in Official Record Book
139, page 334, Public Records of St. Lucie Countq, Florida, and all
other terms and conditions of the original mortgage and the original
promissory note shall remain the same except as modified by this in-
strument and nothing herein contained shall be cot~s trued to impair
the security of the Party of the Second Part under said mortgage, or
to affect or impair the rights or powers which he may have under said
~ note and mortga~ for the recovery of the mortgage debt, with interest,
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in case of non-fulfillment of said mortgage on the part of the Parties i
of the First Part, or their successors or assigns.
IN WITNESS WHEREOF, the parties hereto have hereunto set
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