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HomeMy WebLinkAbout0224 i ; . - % g ~ ~ 3eoazs~~~ . MOATGAGB MODIFICATION . COMBS now VICTOAY CONSTRUCTION. INC.. a F1orida corporation. of 3tuart. Florida. (bereinsfter referred ~o as tha "Mortgegor"~ . and AMBRICAN B~ANK OF MARTIN COUNTY with of~ces at U. S. Highway No . 1, Stuart. Florida . (hereinafter referred Lo as tho "Mortgagee") . and WHBRBAS . Mortgagee granted ~o Mwctgagor a mortgage daLed July 18. 1977 . filed Julq 18. 1977. and reoorded in Official Reoords Book Z71. pege 452. St. Lucie County. F1orida. Public Records, giving tha Mortgagee a first mortgage lien on tha - 1 ~ following described parcel of land: ~ PARCBL "A" ~ ; That portion of Government Lot 4. Section 15. Township 37 ~ South, Raage 40 Bast. St. Lucie County . Florida ~ lying ~ Northerly and Westerly a~ Caael 24. Westerlq of the North Fork of the St. Lucie River and Mud Cove antfl lying within the followiug described parcel o~ land: _ Begin at the Northwest c~raer of said 3ection 15. bear South 0~18'14" West_ along the ATest line of said Section a distance af 728.54 feet Lo ttie Northerly right of way r line of Canel C-Z4; thence SouW 72~14'21" Bast along said right o~ way line a distauce of 12Z8.86 feet; thence ~ bear North 35~45' 00" Bast a distance of 647 .90 feet; thence North Oo18'll" Bast a distance of 568.55 feet tio the Na~th line o~ said Sectioa 15; thence No~th $8°4I'48" West 8 i distance of 1550 feet Lo the Point of Beginning. containing ~ 28.4 acres. C ~ WHBRBAS . Mortgagor did thereafter , with the coasent of the Mortgagee . ~ , ~ file a Plat dated September 6, 1977 , and reoorded in Plat Book 18. page 7. ; F i St. Lucie County. Florida Public Records. upon the above described real pmperty described as Parcel "A" above. I NOW . THBRBFORB . in consideratioa of the mutual promises contained in ; the mortgage instrument and other good and valuable considerations, the partiea ~ , do agree as follows: _ 1. The Partial Release provisions set forth in ths ,above described Mortgage s are more particularly described as follows: ~ Paragraph 9. (g) of the Addendum is ameade~ ~o read: i (a) Lots 9. 10, 11 and 1Z. of VII~NGS LANDING. PHASB ONB. _ acoording Lo the Plat thereo~ recorded in Plat Book 18, page 7, St. Lucie County. I . . •8~~3~1fs~ PACf t BARRANCO~ OARLSON ANO DANIEI~ P. A., P. O. BOX Ipl~~ STUART~ FLORID/? 934~~ ~