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triORTGAGE FL~URE ADVANCE AGREEMEIat s
WHEREAS, CIT~ZENS BAHIC OF PALM BEACH COUNTY, a Florida banking '
Corporation, hereinafter referred to as Mortgagee, and ROBERT A ~
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EPPER,SQN joined by GLORIA EPPERSON, his wife, and HAZEN~KREIS, joined ~
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by MARIB KREIS, his wife, hereinafter referred to as Mortgagors, are
the parties to that certain Mortgage given by the Mortgagors to the ~
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Mortqagee securing Note of even date in the original amount of $EVEN
HUNDRED THOUSAND AND NO/100 ($700,000.00) DOLLARS dated March 22, 1974,
and recorded March 22, 1974, in Offici~l Record Book 225, Page 1039, ~
Public Records of St. Lucie County, Florida, and _ ~
WI~REAS, pursuant to Paragraph 'll of said Mortgage as modified ~
ihe Mortgagors have requested and th~ Mortgngee has agreed to grant a
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an additional advance or loan to the Mortgagors in the amount of ~
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TWEI~Y THOUSAr?D AND NO/100 ($Z0, 000 . 00 ) DOI.I,ARS . ~
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NOW, THEREFORE, THIS AGREEMENT =
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W I T N E S S E T H:
1. That to secure said furture ad~~ance the Mortgagors have this
day executed in favor of the :~iortgagee a Note in the amount of TWENTY ;
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~ THOUSAND AND NO/100 ($20,000.00) DOLLARS with interest at NINE AND '
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THREE 4~TERS (9-.i/4%) percent per annum interEst payable quarterly
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and principal and accrued interest due on or before March 18, 1977.
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2. That the said Note is secured by the Mortgage aforesaid
recorded in Official Record Book 225, Page 10~9, Public Records of ~
St. Lucie County, Florida, and that the lien of said Mortgage upon -
the real property described in said Mortgage is increased and extended i
to include thG said additional advance of TWENPY TI30USAI~iD AND NO/100
($2C,000.00) DOLLARS. _
IN WITNESS ~REOF, the parties hereto have hereunto Set their ~
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~ hands and seals this ~,0 day of e~ 1974.
A . . . . . . . . ~ - "v 111 PA`IMENT ~F TA~
STATE `-~F ~~U f-~. ~ O~R~CtASS'C IMTAM618LE PfR9011AC PROPER(Y. ,
U - ~.^.CUMfhTARr Q STAMY 't•. ~ '
~,z _ ~ pp TO CNAPTER 71-134. ACTS ff lyll. yy~ C }
i~' LEPT.:~i kiVEHUE ` ''~'.i''~ ' ~
~ ROGfR POITRIIS 3
c~, = Pe. -''•'l ~J~ ~ 3 O. ~ O` Ck~R1( CIRCIIR COUR~, Sf. UICE 00, FUl ? ~
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b~aK 229 PAGf 1272
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