HomeMy WebLinkAbout0711 • 183816
. . R . ~
• ~`'>:J?."t~ i
,
MODIFICATION AGRE~IT •
q'},~ July 28 ,1969 , is made b~ and bet.reau Sabia~~ Jr. i
lsary Schiat~ hia vife, Carl Fst~ar~ Jr. nnd Nartha Jeanne l~sts~r~ liis v3.l~,
,
hereinafter called "borrower," and THE TRAVII~IiS INSURANCE COMPANY, of Ha=tford, Connecticut, herein-
after callod "lender; ' in conaideration of their mutuaI benefits and agireemenfa herein contained.
1. 1l~is agreement appGes to a certain proinissory note, held b~ l~ader, dated A1tgl~st 1 . _
19 68 , in the principd amount of =~0~000•00 , with the 6na1 papment due on .T~,J 1 - ~
19 83 , the auturity date of the note, and made by Ro~ 3QL30][~ dr• ~ Ma7C~ F. 3ChiOk~ C~l FltiAT j;; ~
Jr. and l~artha Jeann~ Fets~r ~ ~ .
. , . . . . _
The note is secured by mortgage or deed of wat,'also hdd bp lender, dated the same date as the note, aad made by .
the same maker(s) thereof, on pmperty situated in tbe Count~ of 8t. LilC~s , State of ~jppidt
, and recorded in Vo1.192 . paBe x9~fi1 , of the laad records. .
2. The unpaid principal balance of the note on J~ ~ , 19 is
s~~~.~ . Borrower promise~ and agrees w pay auch unpaid balance and intereat to lender aocording
to the ~erms of the note and this mo~ification a~reemen~
3. BorroNer and lender agree that the payments on the follo~ring dates pmvided b~ the tesass of the note ace ~
hereby changed to. provide modifie~ payments on anch eLtes as follor?a: ~
; loarusd int,~reat att7.J dq~ Febsvar~ ~1~ 1970. :~corwd int,~rrst .
! plvs #~4rr 000.00 p~ineipal vi]1 be d~s_ ~e~vasy 1, 1971 eiad t.l~ere-
f aPter at the end oY esoh and e~vey tw~lv~ntb p~rioc~ vp to and
# inal~ciing l~ebo~uary 1~ 1983 ~ a n~ petiyient oa Tnl.~ 1, 1983s . M
~ ~s~ PaY~t 3n t1t11. aasi oa~p~let~ diacbarge oi a17. sta~s
then m t
p e id, inol~ding t~e. ent.ir~ pa~inaiFal be~lanoe ~ all acarusd o ~ 4
fnt~ss~eat~ and an~ ot~er ite~s t~hea~ ~a.
a o
W Q~ ~
~ . ' ' ~ ' C
. . ' d ~ ~
. . ~ - . ~ ~ Z¢
~ . . ~ ~ ~ - _ ~ . ~ ¢ J
2 = ~
Anq ntUer payments on other dates provided bp the terma of the note continue to be due and pa~able as pro~rided
by ita terms. ' - . - ~ ~ ~
• • • N V' N
• Z
4. Borrnner promises and agrees to pay at the maturity of the note any unpaid balance of principel naultin~ _ y 0° ~
from t1~e modificatiun set out in paragraph 3 above, in addition to any other unpaid balance ~rovided by the tern~a of ~ x r
the note. ' O°
5. Nothing l~crein contained sliall in any manner alfect the priority or lien of the mortg,age or deed of truat
securing this note.
~ _
In witnesa whcrevf, this agicement has been duly ezecuted by the borrov.er aud lender.
F ,
J -
~THE TRAVELERS INSURA~E ~OI~PANY ~ RoY °k~ Jr•
_ .
- 3~B~AL
~
g Schick
~ ~ -~Itic~e Prasideat
J8~e8 . e'MAi`~C~,' •
_ - J ~ ~
~ ~ 'ti
Att~at: ' Csrl pit J
8. . _ , ~
a. ~ ..-1:, . + / - -
I..5457 REV. 3-S~ .Pst~riso ~e~ ~ ! ~ es~me Fets~r 8orrowe:
d~~~ ~ ~
~
- ~ ~ ~
~~r~ _ - - - ~ ~
s~~. ~~~p.;.
~
~ _ t=~ _