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MODIFICATION OF MORTGAGE
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Thfs Agreement entered into this ~day of ~c~,
1973 by and between HALLMARK CONSTRUCTION COMPANY OF FLORIDA,
hereinafter referred to as first party; ~and LAURA HANCOCK, AS
TRUSTEE, hereinafter referred to as second party,
WITNESSETH
That a certain mortgage was executed and delivered
by first party to second party which is recorded in 4. R. Book
198, page 160, of the Public Records of St. Lucie County,
Florida, said mortgage is now in default; that second party
agrees to reinstate said mortgage in consider-ation of first
party making certain modifications in said mortgage, adding
additional land as security for said mortgage, paying the principal
payment due December 14, 1972, paying the unpaid interest to
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second party.
NOW THEREFORE the parties hereby reinstate and •
~ ~ modify the aforementioned mortgage as follows:
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~ 1. That the lien of said mortgage shall apply
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~ to the following described land situate in St. Lucie County,
~ _
~ Flor id a:
~ The West 20 feet of the East 1560 feet of
the N~ of the SW~ of Section 32, Township
34 South, Range 40 East, subject to
~ easements of record for public roads,
~ telephone and telegraph lines and canals.
~ 2. That the releases set out in said mortgage
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~ shall not be issued by second party or requested by first
~ _ _ _ - - -
c party until first party makes the next principal and interest
<:~;
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= payments due December 14,• 1973.
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~ IT IS FURTHER AGREED by and between the parties
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~ that the terms of the mortgage aforementioned be and the f
.
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