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T..i:: 2•:ocizf.icatl_.~ ~grce.i~nt e..eca~~d this 5th. day oF
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I'~•~~ ~•.:-~s•v , 1~75, h; T1~SIS, a Joint VeiYture, bet~veen IiARDIf] `
rLOI,ID?1, IIdC. , a I'loricia cor~oration, and H1IRRISON L.t~ND DEV~LGP-
FSEtvT, INC. , a I'lorida cor~ora~ion, ar.d N. A. HIiI'.1~IN, a former
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Partiicr of 7'.:SIS, party of ttie first ~~art, hercinafter callcd ihc
riort-c~ag~r. o }G'~;;OLL G1tOVES, INC. , a Florida corporation, party ~
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of the seconc: part hereinafter called the Mortgagee. ~
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~~TTIJ~SS~TIi, That for good and vakuable cons,i.deration the ;
partics hereto modi:Cy the mortgzge between said parties dated the !
15th day oL- December, 1972, and recorded in O. R. Bo~k 209, at t
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pages 276 through 2a3 as saMe aifects th~ mortgage payment du2 f
Uecer~L-cr i9, 1974, and only as to that payme»t. Said mortgage is
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~ modified as folloc,~s:
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1. The Nortg~gec acknok~lec3ges receipt of the interest due ;
on G_ccr.•.ber 15 i^ the amount of $59, 640.00. 3
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a. ~'~s;..:..~ r--.2~.<<-,l i7` t~'!C 2*^nt,;,~- ~f ~;~.G~~nOn.~ln
dee that d4L-a ia 3efe~red ur,ti2 0^ or bcfore Se tember 15 1975 ~
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toget:~e~ with ~ r.terest on said ar.iount at 9~ and is due and payable ;
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on September 15, 1975. {
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3. The Aiortga~ors GryrHe t~ pay over t~ th~ t~ortgagee 71~ _
of all funds rec~:iv~d fram I-95 condemn~.tion or settlement covcr- !
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ing land siibject to the mortgage to ~e applied to the last .f=
principal ~ay-ments c:u~. The riortgzgors fur~her agrce that the ~2
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rcmaining r,.onies reccived shall be paid over to thc- Mortgagee ~
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until said $142,OQQ.00 princiPal pa}~cnt }ias b~en p3id. Said
funds shall be p~id ovcr u~on receip~. - t
4. This Modificatio:, aifects only ~he P~~~m~~nt due Dec~~mbcr 1~:,
1974, ana ti~.~e i.s of tt-:e ecs~nce in~of~r as aIl term~ of this -
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Agr~cr~~ent are conccrn~d. Wo grace period~ ar~ appiicablc to any
p~~~*:;~n~, rr~~uircd hercundcr.
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