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EXTENSION AGREEMENT
THIS AGREEMENT, made the 6th Day of oct. 1975 , between the
SUN BANK OF ST . LUCIE COUNTY . A Florida B anking Corporation . party of the
first p~rt. and , A Florida Corporation.
party of the second , ' '
WITNESSETH, WHEREAS. the said ar of the cond part executed a
certain pramissory note dated ~ugu~t l, 19~~ ~~hereby they promised
to pay to the SUN BANK OF ST . LUCIE OOUNTY party of the first part . on order
the sum of Thsoo:t~,.,.,Q~na_,~~i no----------
the $rst payment coming due Aoril 4, 19~5
Interest at 9~$
WHEREAS. the paMies of the second part executed to the party of the first part.
to secure the above mentioned note, a mortgage on the followitig described premises.
tO-~~' Lot 5, Block 80, LAI~WOOD PARK, UNIT 7, accordinq to the plat
thereof as recorded in plat book 11, gage 13, of the public records of
St. Lucie County, Florida.
Mortqage recorded August 2, 1974 in O. R. Book 230,
y , Paqes 1306, 1307. 1308 in the Public Records of St. Lucie Co., Florida. ~
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; AND WHEREAS, the said party of the first part is now the holder of said note and
' mortgage and the said parties of the second part are now the owners of the said
; mortgaged premises ,
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; NOW THEREFORE, the said parties hereto, for themselves and their assigns,
p hereby mutually agree that the time for the payment of the unpaid balance
( of s_ 3, 000. 00 due on said note be. and the same is hereby extended
~ to be paid in the followiag manner:
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~ $3,000.00 plus interst from October 4, 1975. Interst is 9~$.Due date is
~ January 4, 1976.
~ It being expressly understood and agreed that the said Mortgage shall remain in
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full force and effect in all respects as if the said payments had originally been paid
; as pruvided for in the original note, and that nothing herein shall effect or unpair =
~ any rights and powers which the said party of the first part may have thereunder for
' the recovery of f~e.said I:iortgage Debt with interest in the case of non-fulfillment
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; of this ag reement .
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