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HomeMy WebLinkAbout0692 ~ +.v+s~vsu.a~a nss~i cnGrARLU D1 171~.[1NLL A• DP.I~1~L~ ri~7~(Uai~i'i ~ KATES, RESS, GOMEZ AND ROSENBERG, P.A., 1700 Sans Souci Boulevard ~ North Miami, Florida 33161 893-5506 ~ `2 ~ MORTGAGE MODIFICATION THIS AGREEMENT made this ~ day of SLPTj~~,r~b~(Z, , 1973, by and between THE SECOND NATIONAL BANK OF NORTH MIAMI, a nationai - banking corporation, hereinafter calied the "Lender"; and BTACH . CLUB DEVELOPMENT CORP., a Florida corporat ion, hereinafter called the "Borrower"; i~ I T N E S S E T H: WHEREAS, said Borrawer is indebted to the Lender in the sum of $450,000.00, evidenced by one Note dated August 30, 1973, which Note is secured by a Mortgage of even date therewith, filed Auqust 30, 1973 in Official Records Book 218•, at Page 435, in the Public Records of St. Lucie County, Florida; and WHEREAS, the legal description contained in said Mortgage reflected a scrivener's error; and WHEREAS, the parties hereto desire to correct said legal description so that the above described Mortgage shall encumber that property described in the Addendum attached hereto and incorporated herein as if said Mortgage contained the attached legal description in the first instance. . NOW, THEREFORE, in consideration of the premises and the sum of ONE DOLLAR ($1.00), each to the other in hand paid, the ~ receipt of which is hereby acknowledged, it is hereby agreed by and between the parties hereto as follows: ~ ~ 1. The legal description in that certain Mortgage, i ; recorded August 30, 1973, in Official Records Book 218, at P~ge 435 ~ - _ _ _ - - - - ~ of the Public Records of St. Lucie Coun~y, -Florida, "is -hereby amended---- - : and.modified so as to encumber the property described in the Addendum attached hereto and incorporated herein as if said Mortgage contained the attached legal ~3escription in the first instance. ~ _ - ~ ; ~ ' ~~<-~~~Y_~~ _ - ~