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HomeMy WebLinkAbout1644 ~ ~ 2592'70 ~ ~ . MORTGAGE MODIFICATION AGREEMENT WHEREAS, KELLY CONSTRUCTION COMPANY, a Florida corporation, did on June 15, 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 215 at page 1566 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: Lot 3, Block 8, Second Addition of Orange Blossom Estates, as per Plat thereof on file in Plat Book 14, page 2, of the public records of St. Lucie County, Florida as security for an original principal debt of $33,600.00 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 mortgage 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, i.n 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 the other paid, KELLY CONSTRUCTION COMPANY, a Florida corporation, hereinafter called the Mortgagor, and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, hereinafter called the Mortgagee, ~ agree as follows: ~ 1. That the mortgage deed dated June 15, 1973 and recorded in O. R. Book 215 at page 1566 of the public.records of St. Lucie County, Florida, shall be modified, amended and corrected so that the description of the property encumbered by said mortgage shall be as follows: Lot 3, Block 8, ORANGE BLOSSOM ESTATES, SECOND ADDITION, SECOND PLAT, according to the Plat thereof recorded in Plat Book 16, page 14, of the public records of St. Lucie County, Florida s 2. That the above description as set forth in Paragraph 1 i above is hereby and herewith made a part of said mortgage as though ~ it had been originally described and incorporated therein. 3. That this agreement shall not be deemed to modify or amend said m~rtgage except as specifically set forth herein, and the mortgagor hereby ratifies and confirms the said mortgage as modified and amended. • IN WITNESS WHEREOF, the mortgagor and the mortgagee have caused these presents to be executed in their names, and their corporate seals to be hereunto affixed, by their proper officers thereunto duly authorized, this 18th day of July ~ • , 19 73 . , ~ ~ . - ~ Signed, sealed and delivered KELLY CON RUCTION CO~A~IY',-,a~~ ~ ~ in the presence of: Florid rporation_ J"' ~ ~ > > ' - ~ e~ _ . , ~ ~ By I s si ent : . s , ~,v , = . (~CorF ~ ~Se~i T ~ ~~Mortgago~"• ~ ~ . ~ rs~ : . ~;f; . . . . ~ ~ FIRST FEDERAL SAVINGS~~AND.,.LOl~ ASSOCIA- ~ CC E LC ' TION OF P :i~~~~s~%r, ~ ` -J . : ~*r y ~ ` : ~5 J B ' _ =-~f' • ~f~ ~ ~ ; Wm. . Braun, Senior Vi~~~P~e,S gn ~ ~ ~ • .n ~ ~rDrB: „~a~~,~ ' : ; ~ "Mortgagee" _ ; ~b ) 36~ ~ ~ _ . . . . . ` ~ ;~'a; . . F~ ~ '~s r~r~~ ~ ~ ~''~••iii.~~f~~ ~v , ao~~~'1~ r~~~ 164 ' ~ ~ - " F ~ ~ ~ r ~ ~ .l.... ' " ..._.~~'9. 'r;'.~,.,.^-~'"~