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MORTGAGE MODIFICATION AGREEMENT
THIS AGREEMENT, made and entered into this I 9,~ day of kC 1978,
by and between JAMES J. PARDIECK, Successor Trustee to M. R. Nelson, hereinafter
referred to as "Pardieck", and ALEX B. CARDENAS and SHIRLEY J. CARDENAS, his
wife, hereinafter referred to as "Cardenas",
WITNESSETH
WHEREAS, M. R. Nelson, as Trustee, executed and delivered a note in the
original principal sum of $352,93Z.00, which note was secured by a certain purchase
money second mortgage to Cardenas dated March 10, t972, and recorded~in Official '
Records Book 200, page 1004, Publlc Records of St. Lucie County, Florida, encumber-
ing the following described real property, to-wit: ~
A parcel of land in Section 22, Township 36 South, Range 41 East,
St. Lucis County, Florida, bounded on the South by a line parallel
to and 7489.27 feet northerfy (measured at right angles) fram the
South line of Section ~7; on the North by a line parailei to and
7877.78 feet northerly (as measured at right angtes) from the South
line of Section 27; on the West by the waters of the Indian River;
and on the East by the water of ihe Atlantic Ocean.
~ ALSO a parcel of land in Section 22, Township 36 South, Range 41
~ East, St. i..iucie County, Ftorida, bounded on tirie South by a iir~e ,
~ parallel to and 7877.78 feet northerly (measured at right angles)
~ . from the South line of Section 27; on the North by a line parallei
; to and 8266.29 feet northerty (as measured at right angles) from the
~ . South line of Sectlon 27; on the West by the waters of the Indian
` River; and on the East by the waters of the Atlantic Ocean.
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~ ALSO the North 1/2 of a parcel of land in Section 22, Township 36
~ South, Range 41 East, St. Lucie County, Florida, bounded on the
South by a Ilne parallel to and 7100.76 feet northerly (measured
~ at right angles) from the South line of Section 27; on the North by
~ a line parailel to and 7489.27 feet northerly (as measured at right
~ angles) from the South iine of Section 27; on the West by the waters
~ of the Indian River; and on the East by the waters of the Atlantic
~ Ocea n;
~ ~
~
~ and
~
:
WHEREAS, pursuant to the terms of the above-described purchase money second
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mortgage, M. R. Nelson, as Trustee did pay to Cardenas on or about May 20, 1972, the
_ sum of $75, 000. 00, thereby entitling M. R. Nelson, as Trustee, to a release from the
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operation and effect of the said mortgage the South one hundred (100) feet of the above-
described real property; and
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~ JOHid A. DAP.LSOV~ ES~.
~ BARRAf,iCO. [)1',RLSOti G DJ?~tiIEL. PJ1.
, p~ ~Q~ ~ P. O. BOX 1919
eoc~c tx~ 955 S. FEDE'r'.AL H'NY.
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