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HomeMy WebLinkAbout0409 ~ rf . 3b81~1 MORTGAGE ZIODIFICATION AND AADITIONAL ADVANCE IN CONSIDERATION of the sum of TEN LLARS, and mutual promises l~ere- in, and FOR VALUE RECEIVID, the undersigned,join[ly and severally PROMISE TO PAY to the order of STIIART NATIO:~AL BANK, a National banking association, at w .r ~ ~ its office in Stuart, Florida, the sum of THIRTY ONE THOUSAND FOUR HUNDRED THIR - N ~ -:_j f~ ;~fl : b 36/100 DOLLARS ($31,430.36)------------ in re-payment of an additional tt~ advance u on a loan secured b a mort a e to STUART NATIONAL BANK ~_J~ p y g s recorded with the Clerk of the Circuit Court in and for ount ~ , ~ S~i~ Y ~ _ >-i ~ -~Q;~ ~ Florida, in Official Record Book 190, Page 1796 , on March 3, 1971, :'~?-~W . Z~ : !t-'~'jz ~ in the original sum of EIGHT THOUSAND FIVE HUNDRED ~ NO/100 DOLLARS ($8,500.00) !~t 1411 ~ Jir d= encumbering the lands described, to-wit: ~~~.~SW~~t +~1~ .U lU.bi{1~1111~ . E 3 Q~ A parcel of land in Govemment Lot 1, Section 25, ~~~~~E Townahip 37 South, Range 40 East, St. Lucie County, ~J~"iY as described on Exhibit "A" attached hereto; ~~s G ~6 ~P~~ Dt1~ Q,Y CLIISS 'C' INTMI618LE Pf ~".,0! ~ TNIE$ ~ PlfPSSa~i~ TO C?~,i~-E4 71-134, w. rpo~Rrr~ ti R'OGER POIIRAS TS ~ n/l.~~/ ~'1' CIERK CiAWIT CWRT, Si. WCIE~00, Il~~j~ v and this Modification And Advance is hereby made a part of the original Note as completely as if incorporated verbatim therein, and said Note is hereby referred to and made a part hereof. I ; IT IS HEREBY AGREID that the above stated amount 31,430.36} 6 ~ receipt of which is hereby acknowledged, shall be added to the present unpaid ~ balance of ~ 3,559.64 Af the aforesaid Mortgage, for a total indebtedr.ess of $ 35,000.00 all of which the undersigned promise(s) to pay with i interest at the rate of eight b 1/2 percentum per annum (8.5Z) ~ i ~ until paid, and that the said unpaid balance as of this date shall be payable in monthly installments of $334.66 per month, the'next pay-ment being due and payable on the ~ day of ~iI ~ y , 1977 , and continuing / on the r day of each succeeding month thereafter until the entire ~ indebtedness has been paid, and that such payments shall be applied first to ~ ~ ~ interest and the balance to principal until said indebtedness is paid in full. ~ - a ~ In any event, the balance of principal, if any, remaining unpaid, together ¢ ~ ~ith accrued interest, shall be due and payable on the ~ u day of ~y,~/P ~ ~ ! 19 92 . ~ - ao~x 269 PAGE 4O9 ~ MeRO/ERT! ~ WARNER, CMARTERED, ATTORNEYB AT L/1W. STUART. FLORIDA ~ ~ 1P~- Q ~~-/9 ti. _ _ _ _ s~ ~ n_. : v, , . ~ ,..ww.~,~.