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Home My WebLink About2842 ~ ~l ~ .3 - / ~ :Z a'3 ~ ~ss ~ u~ MOR't'G:1G~: ~IODIFICATION AGRFE1~iLN7' ' Reaf Estate situated in St . LuCie _._County, Florida, legally described as: i.ot •4 of tliQ Pl~t ot C. W. RINEHART PROPB~TY, as per plat thereof on file in Plat Rook Page 52, of the public records of~ St. [.ucie County, Rlorida, except th~t part thereot cie~cribed as follor~s:• ~ i.eyinniny on tt~e aortii line of Lot ~4~ at point where intersected by a projection of the ~tit~rior linc of the nnrth wall •of the ~~t. G. PADR7CK, Jr. propcrty ( formerly C. t~:. 1tINEF1/1RT PROPGR?Y), which point m:asures approxio~ately 15.6 feet west of the west right ~C ~vay lit~e of Indian River Drive; thence run 4'est., along s~id north line to northaest corner of Lot 4; thence southeasterly along th~ reaz line of [,ot 4 a distance of 82.81 t~>et to a point of intersecti.on with a projection of the said exterior line of said ~ t~orth wall; thencQ easterly along tt~e said exterior l~ine (or its projectionj o! s id ,~ortl, wall to point of beginning~ also right of w~y for Indian River Drive. ~Cont~nued ~ ~ below) WHEREAS, FIRST FEDERAL SAVINGS 8~ LOAN ASSOCIATION OF FORT PIERCE is the Owner of a first mortgage ;_umoeriny the above described real pro rty bearin9 date of r_A~7Ci1 21 ~9 7O , recorded in R.) (Mtg.) Book_184- page 5~4 5t . LuC ie County, Florida, Records, securing a ; IC; Rl l~sory note iherein described: iwcL~ seco+x!-r~aortgage-e~wwt~iwg ihe ~arw~ seal-pre~t~rrdat~ - - - - - - - - - - - - - ~ - - ; Tecorded 'rn-(E?' ft~ fMt9~ ~oalr ----Page seevring-e-prom?ssv~r woto iheseirs debcril~edt-tbe - - y ~e 4~av*ng-~beiarte~clut~Fti s date in-ih~ ac,~}~aiQ sw~ of- _ - - - - _ - - - - - - - - a nd, ° WHEREAS, the parties hereto for mutual conside~ations wish to,(~GacG4daitj~aid~od~tedoesLanc4revise the terms ~ + ~ayment thereof; ~ THEREFORE, IT IS AGREED that the unpaid balance of said indebtedness(es) upon the date of ihis Agreament is ~ 44,25? . 61 _ , and that the undersigned hereby promises to pay s~d arr~punt, with interest at the rate stated ,"ov,,, y 41~.00 per month beginning on the 15th day of ~aYCh , 1q72 _ to be :~plied first to inte~est at the rate of 8~~ % per annum upon the unpaid balance of said indebtedness and the balance ~ principal until said indebtedr.ess is paid in full. A.late payment charge of ~?0•95 , shall be added to each ~_~yment remaining unpaid seven days after its due date. ~ IT IS FURTHER AGREED that the said mortgages are so merged as to constitute a single mortgage lien on the above iescribed real property, and any default under either of said rnortgages shall be considered a default as to both mortgages. f nlso, that part of Lot 5 of said Plat of C. w. RINC}tART SUIDIVISION described as :ollows; Beginning on the west line of Indian River Drive where intersected by the north i iine of said Lot 5, run thence west alony said north line 474.6 feet, more or less, to ~ ( ti,~; ~nortl~Kest corner of said'Lot~ S; . thence southeastc~rly along the rear line of said ~ t.ot 5 a distance of 83.2I Eeet; thc3nce noicthe~steriy 451.1 feet~ moce or less, to the E t,oint of beginning; the last described boun&~ry being the exterior line of a certain ` ~ u:all located on the property hereinc:escxibeo and extendinq alony the westerly 205 feet ~ ; of the easterly 234 feet of said last described boundary line, ~ ~ . a . . ~ ~ To9ether with ripa?rian right~, r' x ~ ~ 4[ S ~ y In all other respects said note(s) and mortgage{s) shall remain in full force and effect, and the undersigned promise ~ ~o pay said indebtedness(es) as herein stated and to perform all of the obligations of said mortgage(s) as herein revised. ; EXECUTED, SEALED AND DELIVERED, in duplicate, this the -.L-- da~ , 19~-• ~ ~~gned, sealed and del~vered ~~e~~ ~ ~ ~n the resence of= - _ O ner . . Padrick, J7c. r L1- ~~`--`-Q ~_fsll - _ ~c l..~C~ ~.--~c~ ( at) ~ L~~ Witness Owner ouise . ~a~rick ~ ' (Seal) ~ ~ ~~.,s.t•--=~~~`.Ee'''-_ _ - - - . . ~ Witness Owner , : ~ } ' --:--~-~s~~ ; Owner ' " - ~ i a FIRST FEDERAL SAVINGS ~ LOAN ~ ASSO_ I~~d~FORT PIERCE r : < S ` ' - ~ ~5 AlU1f10fIZCd ~ICef~`~ - i h • - ~ STATE OF FLORIDA Thomas A. Driscoll, ~Y~r~dMt ~ COUNTY OF $Z' LUCIE i =Y 1 HEREBY CERTIFY that on this day, before me, an officer duly authorized in the State and County aforesaid to take ack- ~ nowledgements, personally appeared W G Pc~.driCk~ JI dnd ElouiSe S. ~~YiCk. hiS wif~1 1•d ' ~ ~ ; _ . . . . . ~ " 5 ~ ~ .i~l ~r ~ ~\C ! T, . c? 'j to me k~own to be the person(s) described in and who executed the foregoing Mort~M~~ ~ t~1 Agreemeni, and ~ : ~he~L acknowledged before me that~he~L exacut~,~he same. y~-;+ e;'~~% . ~ ~ ~ ~y "f ~ i~+~ ty. _ . - WITNESS m hand and official seal at St , LuC ie ~ Fld said County and Steti~,,flk't~~~~,~- --.~Iy ~o~F Februarv ~ ~ 9 72 y ' . , - . _ ~""1 Notary Public, in nfy Aforesaid. _ ~ ai~'$ r'~ Cpu 1 , ,Q , ~ This instrument prepared by .j. • C.4 ~ Thomas A. Driscoll ~ First FedeTal Savings and Lo:-n ~;i Association of Fort Pierce, Florida My Comrnission expires: ~3'~~ - S x . . . . - . . . . _ - "