HomeMy WebLinkAbout0647 ~
33EiEi29
EXTENSION AGREEMENT
THIS AGREEh1ENT. made the 13th day of M,ay, 1976 , between the SUN BANK
OF ST. LUCIfs COUNTY, A Flerida Bariking Corporation, party of the first part. and
,TO~A~tI F °^'a TM'Y~L.ti:~f i[lnctssrn+an~,~i ~...i fr~ , Parties of thc second part;
WITNESSETH. WHEREAS. the said parties af the second part executed a certain
promissory note dated MaY 13, 1975 - , whereby they pn~mised to pay to the
SUN BANK OF ST. LUCIE (70UNTY, party of the first ~art. unorder the sum of
the rst payment cominR due ~y~, 13 1975 ,
Interest at 8 3/4$
WNEREAS, the parties of the second ~art executed to the party of the first part. to
secure the above mentioned note, a mortgage on the fa2lowing described premises,
t° W~t' Lot 14., Block 5 of Coral Cove Beach, Section One as per plat thereof
recorded in Plat Book 11, pages 30A and 30B of the P~blic Records of St. Lucie
County, Florida.
AND
Lot 17, Block•5 Coral Cove Seach, Section One, a subdivision according to the Plat
thereof recorded in Plat Book 11, pages 30A thru 30 B Public Records of St. Lucie
County, Florida.
~ Mortgage reco~ded May 28, 1975 in O.R. Book 239 Pages 2984, 2985, 2985 in the •
Public Records of St. Ltlcie County, Florida.
,
~ _
~
~ n
~ ~ ~ y
T ~h l ~
-C~ y ~ y ~
-n ~ . l `f ~ 5 , ~a ~ ~
; ~ U
~r a S n''.-a"`~c~' ~ l
c~ n ~
~ i "T ~jME %=-,i~ ~ L~ ~ ~ / , ~ ~`i - ~ : /'i
r ~ cx ' L / C~
c
~
i~ , ' - ~
t . .-:c; ~
!i M '
~ "
~ j
' T
~ - Ql
AND WHEREAS, the said party cf the first part is now the holder of said note and
mertgage and the said parties of the second part are now the owners of the said
mcrtgaged premises,
NOW THEREFORE, the said parties hc:reto, for themselves and their assigns, hereby
mutually agree that the time for the payment of the unpaid balance of 555, 000. 00
due on said note be, and the same is hereby extended to be paid in the following manner:
555,000.00 plus interest due August 13, 1976.
It being expressly understood and aRreed that the said Mortgage shall remain in
full force and effect in all respecis as if the said payments had originally been
paid as provided for in the ori~inal note, and that noihing herein shall effect or
impair any rights and powers which the said party of the first part may have thereunder
fer the recovery of the said hiort~age Debt with interest in the case of non-fulfillment
of this a~reement .
E ~ ~ FaGE V ~ ! _
_ - _ . _ = _ . . x;~.~