HomeMy WebLinkAbout2885 purpose of carrying out the intention of the parties to
the promissory note and mortgage hereinabove described,
the undersigned hereby agrees as follows:
1. That the terms and conditions of the promissory
note and mortgage hereinabove described dated March 1, 1973 ~
from JOSEPH J. LACH and ~ARY ANN LACH, his wife, as makers
and mortgagors, and M. VERNON JENKINS and DOROTHY H. JENKINS,
his wife, as payees and mortgagees, respectively, of said
promissory note and mortgage shall be modified in manner
of payment as follows:
that the method of payment as stated in said
promissory note and mortgaqe dated March 1, 1973
shall be modified-and changed to read as follows:
This note shall be payable over a period of four
(4) years in equal monthly successive installments
of $1,342.72, including interest at 8~ per annum,
the first of such installments to become due and
payable April 1, 1974; said insta2lments sha~l
be applied first to principal and then to interest.
Right of prepayment in whole or in part, without
penalty, at any time is reserved by maker.
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; 2. That except as herein provided the terms and
~ conditions of said note and mortgage from makers and mortgagors
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to the undersigned shall remain unchanged.
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~ THIS AGREEMENT shall be binding and shall inure
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; to the benefit of the heirs, executors, administrators, or
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