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HomeMy WebLinkAbout2323 ~ ,~C<< c~.. 2~f348~4 ~tc.~~~~. 11SORTGAGE 1~ZUDIFICATION AGREEMENT st . Luc ie RE: Real Estate situated in_._ __-County, Florida, legaily desuibed as: . , - ~ 9 Lot 8 and the South 12.S feet of Lot 7 and the North 25 feet of Lot 9, Block 4, ~1ERRIWEATHER PARK SUBDIVISION~ as per plat thereof on file in Plat Book 6~ page 16, of the public recosds of St. Lucie County, Flosida x i . i i . . _ . : WHEREAS, FIRST FEDERAL SAVINGS 8 LOAN ASSOCIATION OF FORT PIERCE is the Owner of a first mongage e~_umbering the above described real property bearing date of Februar 27 , 19 74, recorded in R.) (~S) Book 244 , page 1348 , St Lucie County, Florida, Records, securing a promissory note therein described; x - ~ ~X; and, WHEREAS, the parties hereto for mutua) considerations wish to (consolidate saidcindebtedness and) revise ihe terms of payment thereof; 22 ~ 4U~R~ORE, ;IT IS AGREEU that the unpaid balance of said indebtedness(es) upon the date of this Agreement is and that the undersigned hereb~ pt~mises to paY said emount, with interest at the rate stated 185.00 r montA innin on the ~ da of June , 1q 74 to be ':~elow. E pe ~9~ 9 Y .~pptied first to interest at the rate of 8'75 % per annum upon the unpaid balance of said indebtedness and the balance fo principal until said indebtedness is paid in full. A late payment charge of 9'25 , shall be added to each ~ayment remaining unpaid seven days after its due date. IT IS FURTHER AGREED that the said mortgages are so merged as to constitute a single mortgage lien on the above ~escribed real property, and any default under eithe~ of said- mortgages shall be considered a default as to both mortgages. . , I E ~ s ~ ~ In all other respects said note(s) and mortgage(s) shall re ain in full force and ect, and the undersigned promise ~ to pay said indebtedness(es) as herein stated and to perform ali the obl~gations of ai mortgage(s) as herein revised. EXKUTED, SEALED AND DELIVEREO, in duplicate, this th ~ h da Ma , 19 74 . Signed, sealed and delivered ~ ~~a~~ ;n the presence of: _ ~:~ll~J ~~/X/J/l-~t- -i ~ (Seal) O ne ' J - ~ 1 (Seal) - - ~ ~ ner r - ;,,,?r~.~; Q (Seal) ; ~ i u ~ s f~: ~ , . ; Owner • ~ ~ ' FIRST FEDERAL SAVINaS ~ LOAN ~ -,a7* A' , I:~' tA ON OF FO E . . • ' " ~ ~ ~ ^ ` ~'`s :J By Authorized Officar T ~ , . ~ STAT~dQ~'`~ a~~'J"~ ~ COtJl~i716,~''~, ~~~e ` I HER~~~R~iFY'~~~ ~fore me, an officer duly authorized in the State and County afo~esaid to take adc- nowledgements, persorially appeared William E Shultz and Carolyn Joan Shultz, his wife _ and Robert J. Catenaci and Diane S. Catenaci his wife . , to me known to be the person(s) described in and who executed the foregoing Mortgage Modificefior~'q~ leemont, and 9 . . . t heY._ acknowled ed before me that t heL executed the same. 1 ~ t .f ~ ~ ~ 3 $ i ~ s , . WITNESS my hand and official seal at , said County and State, this~~~ ~ 19 74 . c~~- ~ - s otary Public, in ~ d for Sfa ~~'i~unty Afore~~i~. a 800K ~G20 PAGE 2318 ~ _ f ~ - ~ - ` ' Y°=~ ~i. ~•-2q 75 y mmission expires: : 3 ' ~ ~ - ` e~,,:s':: . •~k~ ; _ ~ _ ~ ~ . ~ . . . . - ~.,s .a ~ ~ . . . ~a~e..,r. `'-~-`+'i."64:.~ .