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HomeMy WebLinkAbout0592 J y~, ' , , t ~ " MODIFICATION AGREEMENT ~~a THIS MODIFICATION AaREEMENT, effective the 30th day of June, 1971, by and between KAY TWO GROVE, LIMITED, a limited partnership under the laws of Florida, hereinafter called "KAY TWO", and CODINECTICUT GENERAL LIFE INSURANCE COMPANY, a Connecti- cut corporation, hereinafter called "COMPANY". W I T N E S S E T H: WHEREAS, BURTON SMITH GROVES, INC., a Florida corpora- tion and others, executed and delivered to THE FIRST NATIONAL BANK AT ORLANDO a certain promissory note dated July 20, 1964, in the original principal amount of ~876.150.00, and WHEREAS, said note was secured by a certain mortgage of even date therewith executed by said BURTON SMITH GROVES, INC. , in favor of said Bank, which mortgage is recorded in Official Hecord Book 95, page 13fi, Public Recorns of St. Lucie County, Florida, and WHEREAS, said mortgage has subsequently been modified as reflected in said public records, and ~ WHEREAS, KAY TWO is now the fee title owner of the G E ~ property encumbered by said mortgage, and said note and mortgage { - has been assigne d to the COMPANY, and WHEREAS, BURTON SMITH GROVES, INC., a dissolved Florida corporation, and a maker and endorser of the note given and secured by the said mortgage, has consented to this modification, and WHEREAS, WAGNER GROVES, INC., a Florida corporation, and a maker and endorser of a note given and secured by a mortgage on said property and recorded in Official Record Book 94, page 556, Public Records of St. Lucie County, Florida, which mortgage has since been modified and rrhich note and mortgage are now owned by the COI?iPANY, has consented to this modification, and Tills MSiRUME11f .wAS ?RElAR~ ~f TAm~c ~.~s N Mo sHOU~o eE ~u~EO ~ o ~ ANDERSOt~I. & RuS~1 i- ~ ~ s O{/x~+~~ , l4CK~ ~CE vh7l.r ' . qMNDO. FIOR;pR 32~00 . a'