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MORTGAGE MODIFICATION AGREEMENT
WHEREAS, RODNEY D. BARTON and BARBARA BARTON, his wife,
did on March 8, 1973, make, execute and deliver a certain mortgage
deed to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT pIERCE, a
corporation organized and existing under the laws of the United
States of America, which mortgage was recorded in O. R. Book 2I1
at paqe 2647 of the public records of St. Lucie County, Florida,
and which mortgage deed encumbered certain real property in St. Lucie
County, Florida, described as follows:
That part of the West 260 feet of the East 1060 feet
of: South 1/2 of Outlot 7 and North 1/4 of 0utlot 8,
according to a plat of White City, as recorded in Plat
Book l, Page 21, Public Records of St. Lucie County,
Florida, said Lots Iying and being in East 1/2 of SE
1/4 of Section 4, Township 36 South, Range 40 East,
which lies South of the following described line: COMMENCING
at the SE corner of~the above-described land and on
West right of way of Oleander Avenue, run thence North
along the West right of way line of Oleander Avenue_,
a distance of 131.25 feet for the point of beginning;
run thence West at 90 degree angle with right-of-way
of O:leander AvenuP and parallel with the South boundary
of the above described land 910 feet; run thence Southwesterly
to a point which is 20 feet North of the South boundary
of said land and 1060 feet West of the East boundary
of said land; continue West parallel with and at a distance
of 20 feet from the South boundary of the above described
land to the East right of way of Citrus Avenue. The
same being Lots 26 and 27 and portion of street immediately
adjacent thereto as shown on survey by J. W. Whitice
filed for record May 21, 1958 in Deed Book 238, paqe
15, public records of St. Lucie County, Florida.
as security for an original principal debt of $18,200.00 evidenced
by a promissory note, which promissory note was set out in ~
said mortgage deed; and
WHEREAS, the description of the property set forth in said
raortgage is in error and the mortgagor and mortgagee have mutually
agreed that said mortgage shall be modified and amended so as to
correct the error in description; ~
NOW, THEREFORE, in consideration of the foregoing and other
good and valuable considerations and the mutual covenants and
; promises herein made and the sum of One Dollar ($1.00) each to
i the other paid, RODNEY D. BARTON and BARBARA BARTON, his wife,
i hereinafter called the Mortgagor, and FIRST FEDERAL SAVINGS
j AND LOAN ASSOCIATION OF FORT PIERCE, hereinafter called the
; Mortgagee, agree as follows:
i
i l. That the mortgaqe deed dated March 8, 1973 and
E recorded in O. R. Book 211 at page 2647 of the public records
~ of St. Lucie County, Florida, shall be modified, amended
i and corrected so that the description of the property encumbered
~ by said mortgage shall be as follows: ~
; That part of the West 260 feet of the East 1060 feet #
i of: South 1/2 of Outlot 7 and North 1/4 of Outlot 8, F
according to a plat of White City, as recorded in Plat ;
" Book l, Page 21, Public Records of St. Lucie County,
; Florida, said Lots lying and being in East 1/2 of SE
1/4 of Section 4, Township 36 South, Range 40 East,
; which lies South of the following descri.bed line:
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