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HomeMy WebLinkAbout1267 ' ~ V 263228 ~ ~ s ~ ; DtODIFICATIO~~ OF MORTGACF. ; e ~ f ' This Agreement made this 20tYday of Aurust 1973 by and between : NICHOLAS E. ANDROMIDAS and KALLE AP~DRO"iIDAS, his wife > _ hereinafter called the MortgaRors, and ~ ~ ~ANN?E ~ ~€l!~-WF.BF.R, also known as FAYE WEBER, ~ hereinafter called the ttortRagee: ~ _ T ~Jhereas Earl K. Hebb, A. Gordon Oliver and Richard A. Jacobs gave ~ a certain mortgage to Fanny t~'eber, also knawn as, Faye ~leber, dated August lst, 197?2, filed August llth, 1972 in Official Records Book 205 page 340 of the Public Records of St. Lucie County, Florida, in the amount of $22,720.00 encumberinR the followinR described property, to Wit: Bloc~; C,D and E, of RUHLI~tAN'S SUBDI~~ISIO:d according to the Plat thereof, as recorded in Plat Book 9, at page S5 of the PubZic Records of St. Lucie County, Florida. ; - . ~ and; t~'hereas, said Nicholas E. Andro~aidas and Kalle Andromidas, his wife ; are the present owners of the fee title to the property, encwabered by the said mortgage set forth above; and , ~ 6lhereas, the *tortRaRors have requested to alter the terr.ts of said Mortgage to provide for new dates upon whfch payrlents of principal and interest are due; Now therefore, in consideration of the mutual agreements herein contained, it is hereby agreed as follows: 1. The principal balance of the obligation secured by the said mortgage set forth above is the sum of $22,720.0~ as of the date hereof. . _ - - - - - - _ _ _ 2. The prohtsions of the note representfng the obligations secured by the mortgage set forth above are altered and araended to read "the sun~ of T[JEYTY TWO TIiOUSAND SEVEV HUtJDRED TI~f:NTY DOLLARS with interest from August llth, 1973 at the rate of (7X) per annum, in three annual installments as follows: $7,573.33 on the llth day of August, 1974 and a like sum on the carresponding day of each like succeeding period thereafter until the whole be fully paid." ~ ~ ' 3. All other provisions of the said mort~aRe and note secured thereby ~ shall remain unchanged and in full force and effect 3` 800K 210 PAGE~~~ ; . , : _ , x