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THIg Ig A BALLOON~~lORTGAG$ EXTEN3ION AGRB~NT AND TAE ;
gINAy p~YMBNT OR THB BAI+ANCE DUS UPON MATURITY IS $46,666.06,
Z!pGgTHER 11ITH ACCRUBD INT$REST, IF ANY, AND AI.L ADVANCEMENTS
MADB BY T8B'1r1~RTGAGBB UNDSR THS TERMS OF TBIS MORTGAGE EXTEN-
SION AGREEMBNT.
lypRTGAGE EXTENSION AGREEI~D:NT
THIS AGRSEMENT. made this 20th day of February• 1974,
bet~reen 1~lINTON EQIIIPMBNT COMPANY. a Floridn corporation, of
Fort Pierce, Florida, hereinafter referred to ae the Mortqa9or.
,
~d }~e gl,pgIpp~ gANR AT FORT PIER~CE, a Florida bankinq corpora-
tion, with ita principal place of business at Post office Box
3469, Fort Pierce, Florida, hereinafter referred to as the
lrbrtgaqee.
The parties recite and declare that: ,
(a) The Mort9aqee is the holder of a certain note for
the payment of $140,000.00 made by the Irbrtgagor and dated the
lOth day of September, 1968, and due on the 20th day of February,
1974.
(b) Said note is secured by a mortga9e recorded in O. R. ,
~ y~ Book 173 at Page 1494 of the Public Records of St. Lucie County,
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~ Florida, as modified by supplemental mortqaqe deed recor
de d in
' S~ 2~ ~ O. R. Hook 173 at Paqe 1544 of the Public Records of St. Lucie
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County, Florida, and a mortqage modification agreement recorded
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a in O. R. Book 174 at Page 2972 of the Public Records of St. Luc e
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County, Florida, which mortgage is now a first lien on the pre-
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o~~ ~ mises situated in St. Lucie County, Florida, described as follows:
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~ o~ ~ Begin at the intersection of the East riqhtrof-way
~ line of Jenkins Road and the South line of the NW 1/4
of the NW 1/4 of the SW 1/4 of Section 19, To~rnship 3 5 ~
South, Range 40 East, thence run North along said r~ence
of-~way line 199.25 feet to the point of beqinning,
oontinue North alonq said right-of-way line 215.24 feet
~ to the Southerly riqht-of~way line of Okeechobee Road.
~ thence Northeasterly alonq the Southerly right-of-way
~ line of Okeechobee Imad 215.24 feet to a point, thence
~ South on a line parallel to the East rightrof-way line
- of Jenkins R~oad 215.24 feet to a point. thence South-
~resterly on a line parallel to the southerly riqht-of-
way line of Okeechobee Road 215.24 feet to the point of
° beginning. ~
~ aid note and mortqaqe, thece is now owing the sum
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