HomeMy WebLinkAbout0581 , . , EXTENSION AGREE,..r~vT
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THIS AGREEMENT , made the J~' ~ l~'~'~ , between the ~
ST. LUCIE COUNTY BANK, a Florida Banking Corporation, party of the ~
firat part, and Evangeline Sa~, a widow , Partiee of the
s econd pa rt;
WITN ESSETH. WHEREAS. the said parties of t1~~6~cond part executed a
certain promissory note dated Novembex 12, , whereby they promiaed
to pay to the ST. LUCIE COUNTY BANK, party of the firat part, or order
' the su:n of $29, 000. 00
the first ~+a?y~nent,c~ming due January 15~ 1969 _
Interest at ? %
WHEREAS, the parties of the second part executed to the party of the firat
part, to secure the above mentioned note, a mortgage on the following
~lop~ rib cd premi s es, to -wlt: '
all real estate described in Mortgage Deed dated November 12, 19j8
recorded in O. R. Book 174 page 1243 Public Records of St. Lucie
County, Florida
LFSS: real estate described in Partial Release of Mortgage
dated July 7, I972 recorded i.n O. R. Book 204 page 606 Public
Records of St. Lucie County, Florida
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%Y~'-/- ~13~-000~/- o%
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E VD WHEREAS, the said party of the first part is now the holder of eaid .
r. ~te ar.d mortgage and the said parries of the second part are now the
o~rners of the said mortgaged premises,
~ \~Vl THEREFORE, the said parties hereto, for themselves and their .
signs, hereby mutually agxee that the time for the payinent of the
r;paici balance of $ 16, 000. 00 due on said note be, and the same
i: heraby extended to b~ paid iz~ the following manner:
240. 00 monthly beginning August 15, 1972 -
' ~ bei~g expres sly understood and agreed that the said Mortgage shall
•emain in full force and effect ia all respects as if the said payments
.ad originally b~en paid as provided for in the original note, and~that
~othing herein shall effect or impair any righta and powere which the
~aid party of.tha first part may have thereunder for the recovery of the ;
:aid Mort~~ge P~bt with intereAt in the caAe of non-fulfillmeat of this
; gre ement.
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