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HomeMy WebLinkAbout1014 24Q039 U~ ~ :~s~j 11ZORTG~GE 11SOAIFICATION AGREEMENT kE: Real Estate situated in _ St . _LuCie _ __County, ~loric~a; ,legally described as: • r Lot 3, Block 2, ORANGE BLAS50M ESTATES, SECONp ADDITION, as per plat thereof, recorded in Plat Book 14, page 2, of the Public Records of St. Lucie County, Florida. WHEREAS, FIRST FEDERAL SAVINGS 8~ LOAN ASSOCIATION OF FORT PIERCf is the Owner of a first mortgage ~~_umbering the above described real property bearing date of _J~Q H~ 19 7O , recorded in R.) (Mtg.) 8~ic-L85__, ~9e~002 , St. Lucie _ County, Florida, Retords, securing a ;_romissory note therein de;cribed; and a second morigage encumbering the same real property, date~tober 19~1970 ' 9 recorded ;n {O. R.) {A~tj.) Boolclg~__, page 24~4___, securing a promissory ~ote therein described; the . 3me having a balance due this date in the aggregate sum of ~ 17.000. 00 ; a~~ , WHEREAS, ihe parties hereto for mutual considerations wish to (consolidate said indebtedness and) revise the terms * payment ihereof; THEREFORE, (7 IS AGREED fhat the unpaid balance of said indebtedness(es) upon ihe date of this Agreement is - 17, 000. 00 and that the undersigned hereby promises to pay said amovnt, with interest at the rate stated ~e~ow, ~ 1SO. 00.__ _ per month bsginning on the 1Sth day of November , 19 72 to be ; ~~plied first to interest at the rate of 7• S °'o per annum upon the unpaid balance of said indebtedness and the balance ~ ~ principal until said indebtedness is paid in full. A late payment charge of ~ 7, 50 shall be added to each :ayment remaining unpaid seven days after its due date. IT IS FURTHER AGREED that the said mortgages are so merged as to constitute a singte morigage lien on the above ~escribed real property, and any default under either of said mortgages shall be conside~ed a default as to both mortgages. f In at! other respects said note(s) and mortgage(s) shaN remain in full force and effect, and ihe undersigned promise to pay said indebtedness(es) as herein stated and to perform all of the obligations of saici mortgage(s) as herein revised. . EXECUTED, SEAtED AND DE IVERED, i plicate, this the 13th day of ~tober ~ ~q 72 . ~ ned, seafed an 'ver ~~a~~ ~ ~n eprs o O e~ ~ -(Seaq ~ k94~r ~ ~ ner ~ I c.i'' ~ i~ (Seal) ~ ,'.'~:oera = Own r ~ ~ ~ _ i 3 4 d° : ~ ~ ~~a~~ F ~ - ~ Owner : o ~ ! 't~'•.,, •',,ib`\~\ FIR FEDERAt SAVINGS 3 LOAN ' y~ 1~~ ASS T N OF FORT P! '''i•~ iNfll By ~ •r~~~ • Authorized Officer STA7E OF FZorida ! COUNTY OF St. j~C1e t I HEREBY CERTIFY that on this day, before me, an of{iceF du{y~~euthorized in the State and County aforesaid to take ack- ` ~ nowledgements, personally appeared _ Robert ~t, .;tfoi~,~';~nd Elizabeth M. Roden, his wife - ~ .t,. - ~i~,~ _ _ ~ i" ~ to me known fo be the person(s) desuibed iwa~yi'.who ex ~~•,t~je foregoing Mortgage Modification Agreement, and ; _ the1+~ acknowledged before me that the:~.~xec~ifed ~ ~ ~ = ~ th`~.Js~ = ; ~ E WITNESS my hand and off+cial seal at F ti~~" . ~ounty and State, this~ day of ~tober { ~9~.. U J~.,r,;:.. ~ . ~ . ~f~Os ti". j, . ~ '•~~r_..p, lic, in and for Stat d Co nty Aforesaid. r; eoox20~ t~i~~.~ ~ ~ My Commission xpires: _ < ~ 7 ~ _ - - ~ ~ `'a