HomeMy WebLinkAbout0490 r~ . 3~6154 ~ ~
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EXTENSION AGRBEMENT '
THIS AGREEI~lENT , made the May 13 , 197 7 , between the SUN SANK
OF ST. LUCIB COUNTY. A Flerida Banking Corporation. party of the Srst part. and-
Lilbyrn L. Helmich and Lomie Y. Helmich ~ , Parties of the secand part; ~
his wi e
WITNESSETH. WHEREAS. the said parties of the aecond part executod a certain
promissory notc dated April 8. 1976 , whereby they pr~mised to pay to the
~ 5UN BANK OF ST. LUCIB C~OUNTY, ~arty of the Srst part, ~norder the sum of
Twenty Thousand and no/100------------------------------- ~
the Srst payment cominR due A~ril 8, 197T , ~ ~
Interest at ~ ~ 9$ ' ~ . ~ -
WHEREAS, the parties of the second part executed to the party c?f the first part. to
secure the above mentioned note, a mortgage oA the followi~g described premises,
to-wi~ ~ - ~
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Lot numbered 3, Block numbered 29, Unit numbered 4, Lakewood Park,
St. Lucie County, Florida as per plat on file in Plat Book 11, page 2
of the public records of St. Lucie County, Florida.
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Above mortgage recorded in O R Book 251 page 53 public recozds
of St. Lucie County, Florida.
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AND WHEREAS. the said party cf the first part is now the holder of said note and ~
mertRage and the said parties of the second part are now the owners of the said ~
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tncrtgaged pretnises , ~
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NQW THEREFORE, the said parties hereto, for themselves a~d their assigns, hcreby '
mutually agree that the time for the payment of the unpaid balance of$20, 000. 00 ~
due on said note be, and the same is hereby extended to be paid in the followins manner: 7
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$20,000.00 plus interest due April 8, 1978. #
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~ It being expressly understood and aqreed that the said Mortgage _shall remain itz ;
full force and effect in all respects as if the said payments had originally been <
- paid as provided for in the ori~inal note, and that nothing herein shall effect or ~
impair any ri~hts and porovers which the said party of the first part may have thereunder 3
fer the recovery of the said Mort~age Debt witb interest in the case of non-fulfillment ~
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of this agreement. ~
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