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MORTGAGE MODIFICATION AGREEMENT
WHEREAS, LEO C. WEAVER and MILDRED L. WEAVER, his wife, and
JEROME STABILE, a single adult, did on September 14, 1971 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 195 at page 2139 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:
Lots 2, 3 and 4, Block 12, SILVBR LAKE PARK ADDITION,
as recorded in Plat Book 10, page 8, St. Lucie County,
Florida, less and excepting therefrom the following
described parcel: A part of Lots 2, 3 and 4
Block 12, SILVER LAKE PARK ADDITION, as recorded in
Plat Book 10, page 8, St. Lucie County, Florida being
more particularly described as follows: Beginning at
the Southwest corner of said Lot 2, run North atong the
West line of said Lot 2, 58.33 feet; thence run
Northeasterly to a point on the east line of said Lot
4, said point being 95.5 feet North of the Southeast
corner of said Lot 4; thence run South 95.5 feet to
the Southeast corner of said Lot 4; thence run West 187.5
feet to the point of beginning.
as security for an original principal debt of $19,000.00 evidenced
by a promissory note, which promissory note was set aut in said
mortgage deed; and
WHEREAS, LEO C. WEAVER and MILDRED L. WEAVER, his wife, and ~
JEROME STABILE, a single adult, have conveyed inter alia the above
described property to LLOYD G. FRANKLIN and GLADYS L. FRANKLIN,
his wife, the present title holders, by warranty deed dated
February 7, 1972, recorded in O. R. Book 199, page 1564, of
the public records of St. Lucie County, Florida; and
WHEREAS, the description of the property set forth in $aid
mortgage is in error and the mortgagor, the mortgagee and
present title holders 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
the other paid, LEO C. WEAVER and MILDRED L. WEAVER, his wife,
and JERCIME ST.ABILE, a single adult, hereinafter called the Mortgagor,
LLOYD G. FRANKLIN and GLADYS L. FRANKLIN, his wife, hereinafter
called the present title holders, and FIRST FEDERAL SAVINGS AND
LOAN ASSOCIATION OF FORT PIERCE, hereinafter ca].led the Mortgagee,
agree as follows:
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1. That the mortgage deed dated September 14, 1971 and recorded
in O. R. Book 195 at page 2139 of the ptiblic 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:
Lots 2, 3 and 4, Block 12, SILVER LAKE PARK ADDITION,
less and except the South 81 feet thereof, as recorded
in Plat Book 10, page 8, of the public records of
St. Lucie County, Florida.
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FEE. PARKER & FEE. P.A.
~ ATTOi7NEYS AT LAW ~1 ~ r
POST OFFICE BOX 1000 Cyx~2~9
~ FORT PIERCE. FI.ORiDA 33450