HomeMy WebLinkAbout0113 . .l~ / ~
. ~~2~ ;
.
MORTGA?GS MODIFICATION AGREFMBNT ~
r-
THIS AGRSBMS;VT, made this 30th day of March, ~976 by
and betw~en FIRST NATIONAL H.ANR OF F'ORT PIERC~, For~ Pierce,
Florida, hereinafter referred to as Mortgagee, and JO$ K. JnIiNSON,
MARY O. JOHNSON, JO.AN J. RYAN a~d WARRSN O. GRAY, a co-partnership
doing business as Johnson, Johnson~& Ryan, hereinafter refer~e~d to
as Mortgaqors, -
W I T N I: S S$ T H -
That Mortqagee is the owner and holder af a certain ~
promissory note made by Irlortgaqors dated Octo?ber _10, 19-75, which
promissory note is secured by mortgage recor3ed in O. R. Book 245.
-
paqe 1073, public records of St. Lucie County, Florida ( a copy
af wh ich promissory nate is attac;~ed to said recorded mortqage), _
and which mortgage is now a lien upon the pren~ises described ~
tiierein and ~ing situate in St. Lucie County, Florida,
~ ~ ~?r~a~~sfas
UCE ONLY ~ °~~o~ -~O` dQO~o ~ D QO
/9'
!
NOW THEREFORE, in censideration of the sum of One ($1.00)
dollar, the extension of the time of pay~ent of said promissory note
and mortgage, and other valuable considerations, the receipt ~rhereof
,
is hereby acknowledged, Mortqagors and Mortgagee hereby covenant and
- - - ~
agree that said promissory note and mortgage hereinal3ove referred ;
' ta shall be modified as fol2ows, to-wit:
~
1. That the first installme~t due ~nd gayable under the
-n
~ _ . .
~ terms of said promissory note shall be on the tenth day of April,
~ 1976, and succeeding installments shall be due and payable on the
~ .
corresponding day of each and every succeeding nanth thereafter until
said note is fully paid ,as to principal and interest.
~p 2. That except as herein provided, the terms and
E ~
E conditions of said prnmissory note and mortgage from M~ortgagc~rs to
F
E` Mortgagee shall remain unchangecl.
E
~
~
i
I THIS AGREEM:ENT shall be binding and shall inuxe to ~
i i
1 ~
~ ~ . ~
I - {
~ _
~
~ E~.[ ~V~ ~
~
_
t
i
F -
~
f ",rd` a~ -~e-_a- _ ~r .
, _ ~.:~1 - t. 1'~: _