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1- ~ ~ ~~v. ~33593
SECOND I~ADIFICATION
~ OF PROMI S 90RY NOTE AND I~qRTGAGE
~ a~
THIS INSTRUMENT, made and executed this 13th day of
July, 1972, by and between W. S. DU BOSE, INC., a Texas corpora-
tion, hereinafter called "Mortgagor", and the FORT i~DRTH NATIONAL
BANK, a national banking association organized and existing unde+r
the laws of the United States of America, hereinafter called
"Mortgagee".
WITNES SETH : That
,
WHEREAS, Mortga;~ee is the owner and holder of a certain
mortgage dated September i4, 1971, executed by Mortgagor and re-
corded on September 17, 1971, in the Official Records of Saint
Lucie County, Florida, in Book 195, beginning at page 2051 (here-
inafter sometimes referred to as the "original mortgage", as
amended and modified by that certain Mortgage and Note Modifica-
tion Agreement dated March 31, 1972, recorded April 12, 1972, in
Official Records Book 2Q1, beginning at page 9I7, and the said
mortgage, as ~dified, being hereinafter collectively referred to
as the "mortgage", and that certain Promissory Note which the
mortgage secures dated September 14, 1971, and evidencing a prin-
cipal indebtedness of $162,000.00 and that certain Promissory Note
dated May 16, 1972, evidenc ing a principal indebtedness of
$25,500.00, the said Notes now aggregating a principal indebted-
ness of $187,500.00 and being hereinafter collectively referred
to as the "Note", the said Note being secured by the Mortgage;
and
WHEREAS, the Mortgage erroneously describes the encum-
bered real estate as being in Orange County, Florida, when in
fact the said real estate is located in Saint Lucie County,
Florida; and
WHEREAS, Martgagor acknowledges that the full principal
~ ~ sum of $187,500.00 evidenced by the Note and secured by the Mort-
gage has been disbursed,loaned and advanced to the Mortgagor, and
Mortgagor and Mortgagee agree that interest accrued on said sum .
~i through July 19, 1972, has been paid; and
i WHEREAS, simultaneously with the delivery heFeof, the
~ Note and Mortgage is being purchased from Mortgagee by Nationwide
; Life Insurance Company, hereinafter referred to as "Nationwide";
; and
i
' WHEREAS, Mortgagor has requested Mortgagee to amend the
' Note and Mortgage to comply with the requirements of Nationwide;
and
~ WHEREAS, Mortgagor and Mortgagee have agreed to all of
the terms and provisions set forth herein.
j NOW, THEREFORE, in consideration of the premises and
of the sum of One Dollar ($1.00) and other good and valuable con-
siderations to the Mortgagee in hand paid by Mortgagor, receipt
~ Zhis insts~eat ~ras p~epared by Donald L. Smith, Attorney at La~
; 92~+ Barnett Bank BuiZding, Jackson~ril'~e, F]ro~da 32'202 ~
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