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MORTGAGE MODI FICATION AGREEMENT ~
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AGREEMENT, Made this 30 ~ day of January, 1973 between FIRST {
FEDERAL SAVINGS & LOAN ASSOCIATION OF FORT gIERCE, a corporation
organized and existing under the laws of the United States of
America and having its principal place of business in Ft. Pierce,
Florida, hereinafter referred to as "First Party", and LOUISE PALMER
and JEANNE PALMER SCOTT, Co-Executrices of the Estate of W. A.
Palmer, deceased, and LOUISE PALMER, individually hereinafter re-
ferre3 to as "Second Parties",
W I T N E S S E T H:
WHEREP,S, a certain mortgage was executed by W. A. Palmer and
Louise Palmer, his wife, to the First Party on May 10, 1963, recorded
in Official Record Book 62 at page 528, public records of St. Lucie
County, Florida, securing a certain promissory note of even date in
the original principal sum of Fzfty-eight Thousand Seven Iiundred
Dollars ($58,700.00) requiring monthly payments of Five Hundred
Eighty-seven Dollars {$587.00) on the Sth day of each month from
July 5, 1963 (being Loan No. 11,161); and
WHEREAS, during the life of the above described mortgage, cer-
tain partial releases have been obtained for significant payment
; on the principal; and
;
~ WHEREAS, the current principal balance on the promissory note
= secured by said mortgage is Three Thousand Eight Hundred Ninety-one
; Dollars Thirty Cents ($3,891.30) as of January 5, 1973; and
WHEREAS, the Second Parties hold certain Agreements for Deed
_ with third persons on real property described in said mortgage as
~ set out in Schedule 1 attached hereto and by reference made a part
~ ,
hereof;
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. . LAW OFFICES B~1~2~~ t.~rr
~ , , - . • r: WILLES. BITTAN & WILLES nyr
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P 0 C_z P. O. BOX 309
FGli PiCtt2. FIJt.~d 33'+~ FORT PIERCE. FLORIDA 33480
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