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~ AMENDMEN= ~O MODIFICATION OF MORTGAGE
WHEREAS, WINDMILL VILLAGE BY THE SEA. INC.. A FLORIDA CORPORATION~ A5
MORTGAGOR~ GrtANTEO s? cERTA~N tNOrtTw?GE uNTO CITIZENS BANK AND TRUST COMPANY
IN SARASOTA. A BANKING CORPORATION. AS MORTGAGEE, COVERING CERTAIN L~?NDS IN ST.
LUCIE C~:l:'~TY, FLORIDA. WHICH SAIG MORTGAGE WAS DATEO DECEMBER 20, 1J68 ANO RECORDED
IN OFFICIAL RECORD BOOK 17S, PAGE 1126~ AND FURTHER MODIFIED IN OFFICIAL RECORD BOOK
182~ PAGE 1O, OF THE PUBLIC RECORDS OF ST. LUCIE COUNTY~ FLORIDA~ AND
WHEREAS, THE MODIFICATION OF SAID MORTGAGE CONTAINED A RELEASE CLAUSE OF
11N0 HUNORED FIFTY AND N0~1OO --~~$O.OO~ DOLLARS PER INDIVIDUAL LOT AS PLATTED IN
PLAT BOOK 15. PAGES 13 ANO 13A. OF SAID RECORDS~ PROVIDED SAiD MORTGAGE WAS NOT IN
DEFAULT. AND
WHEREAS. MORTGAGOR HAS REGUESTED SAID MORTGAGEE TO AMEND SAID RELEASE CLAUSE.
NOW. THEREFORE. IN CONSIOERATION OF THE MUTUAL ADVANTAGES AND 9ENEFITS ACCRUING
TO EACH THE MORTGAGEE AND MORTGAGOR, SAID RELEASE CLAUSE IS HEREBY AMQNDED AS
FOLLOWS. TO-WIT;
MORTGAGEE AGREES TO RELEASE INDIVIDUAL LOTS AS PlJ1TTED IN PLAT BOOK ~5~
PAGES 13 AND 1HA. PUBLIC R€CORDS OF ST. LlJC1E COUNTY. FLORIDA, FROM THE
MORTGAGE LIEN. EXCEPT THAT UP UNTIL AN ENTRY OF FINAL DECREE. UPON PAYMENT
BY Tr~~ MORTGAGOR OF NOT LESS THEN 1tiA10 HtJNDRED FIFTY AND NO~~OO ~~~~SO.OO~
DOLLARS PER LOT.
AS HEREBY AMENDED. THE MORTGAGOR HEREBY CONFIRMS ALL OF THE PROVISIONS OF 17~IE
AFORESAIO MORTGAGE, MODIFICATION OF SAME AND NOTE SECURED THEREBY.
IN WITNESS WHEREOF. THE MORTGAGOR AND MORTGAGEE HAS CAUSEO THESE PRESENTS
TO BE EXECUTED IN ITS NAME, AND ITS CORPORATE SEAL TO BE~EREUNTO AFFIXED. BY ITS
' PROPER OFFICERS THEREUN7n DULY AUTtlORIZED. THl DAY OF JANUARY, A.D. 1J7O.
~~NAMiL ~ Y
SIGNED~ SEALED AND DELIVERED IN THE
P SENCE OF W L THE S ~ ~ 'O
~
• `~L(i BY• ~
EO C. P ULT PRE 1 ENT ~y ~
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ATTES : ~ • ~
4 LES R G. SCHOTT, VICE PRESIDE S ARY
~
CITIZENS BANK AND TRUST CON~P'l~l+~1F IN .
SARASQ'A ~ '~t~. ~
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BY: - "'~~•Y~.: j
BAGGOTT RIBR~ EXE(~ , IiC[ ~ E .pPNT .
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ATTEST• - ~
JAMES . KNIGHT, VIC~.,'~~91~~ ~ i_`~'.; _
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STATE OF FLORIDA
COUNTY OF SARASOTA
• -
BEFORE ME, THIS DAY PERSONALLY APPEARED GEORGE C. PERREAUt~'-wtio.L`~~~'ER
G. SCHOTT WELL KNOWN TO ME TO BE THE PRESlDENT AND VICE PRESI~ENT. SECRETARY
RESPECTIVELY OF THE CORPORATION NAMED AS MORTGAGOR IN TFE FOREGOING INS'iRUMENT, AND THAT
THEY SEVERALLY ACKNOWLEDGED EXECUTING THE SAME. IN THE PRESENCE OF TWO SUBSCRIBING
WITNESSES. FREELY AND VOLUNTARILY UNDER AUTHORITY DULY VESTED IN THEM BY SAID CORPORATION
AND THAT THE SEAL AFFtXED THERETO IS THE TRUE CORPORATE SEAL OF SAID CORPORATION.
WITNESS MY HAND AND OFFICIAL SEAL IN THE COUNTY AND STATE LAST AFORESAID. THIS
02.3'~`i DAY OF ~JANUARY . A. D. 1970 .
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NOTARY PUBLIC ~ STATE OF FLO DA AT LARGE.
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3q MY COMMISSION EXPtRES: ~!'i 77Z~
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j : ` ~ THIS D7C~'M~NT PREPARED BY
^ ; _ _ _ C1TIZ~NS 8.4NK 3~ TRUST COMQ NY
F'.U. dvX 2133 SfiRASOTA FLORIDA 33578
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- ~ BOOK 1~~ PA6E ~YO~
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