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HomeMy WebLinkAbout0718 / 18611~ MORTGAGE tdODIFICATION AND EXTENSION AGREEMENT This Note and Mortgage Modification and Extension Agreement entered into on this the 22 day of October, A.L~. 1969, by and between FLOYD BURKETT, of the first part, and J. R. CHAMBERS, and MRS. J. R. CHAriBERS, hi$ wife, hereinafter referred to as the parties of rhe second part; WITNESSETH: That for and in consideration of ONE DOLLAR AND OTHER VALUEABLE CONSIDERATIONS, exchanged between the parties hereto, the receipt of which is hereby acknowledged the aforesaid parties agree as follows, to-wit: 1. That the party of the first part is the owner and holder of the mor~gage dated June 18, 19~5 and recorded in Official Record Book 129 at page 516 of the public records of St. Lucie County, Florida, encumbering the following, to-wit: Lots 1 and 2 of Block 4 of LILEM SUBDIVISION, as per plat thereof on file in Plat Book 9, at pa~e 73, of the Pub lic Records of St. Lucie County, Florida. THIS IS A SECQND MORTGAGE. together with the note that said mortgage secures in the original principal amount of $1,900.00 upon which as of October 14, 19E9 there remains due and unpaid the sum of $~,358•48 together with interest thereon from October 14, ig69. 2. That the foresaid mortgage shall be paid by making - a payment of $500.00 on January 31, 1970 together with accrued of S percent perannum on the unpaid balance: and the balance of said mortgage is to be paid on or before January 31, 1971 together with accrued interest on the unpaid balance in the amount of 8 percent perannum. ' 3. That all other provisions of said note and mortgage ; not in conflict herewfth shall remain infull force and effect ' in all respects and that nothing herein shall effect or impair ~ any rights that the said party of the First part mayhave € thereunder for the recovery of the said mortgage debt, with ~ interest thereon and expenses thereof in the case of nonful- ~ fillment of this agreement. ~ ~ IN WITNESS WHEREOF, the said parties have hereunto set ~ - their hands and seals on the day and year first above written. ~ ~ 'l ~ ~ _ `j~l - ~ ~ loy~ Burkett, party of / • the first part. P ~ tnesses as to party of the ~ fi part. , / ~ ~ .f, u ~ ~ . . Chambers ~ Witness s as to arties of Mrs. J~. . Cham ers ~ P second part. Pa ies of the second . part. ~ PNiUP 8. IfOURSE E:~ ~ AnowNtr Ar lww • ~ IJ9~A wow~n~ ?ou~ '..a'~; FORT rl[11Ct, /LOItlOA - G ~ ~ *[L[IMONt N~•~7~1 ~ ~li~M l RUL ~ ~ - - - - - - . ~ - - - - - ~~?'r.. ~ z":~,~ ~ . _ ~ _ . . - _ _ .