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MORTGAGE MODIFICATION AND EXTENSION AGREEMENT
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• KNOW ALL MEN BY THESE PRESENTS:
~ Z~ WHEREAS, there remains unpaid on a certain Note dated
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-~~v September 6,_1977, executed and delivered to FLORIDA FIRST NATIONAL ~
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'g BANK OF JACKSONVILLE, a national banking corporation, hereinafter ~
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referred to as "th~ Bank", by SHELDON A. MORRIS-and NANCY H. MORRIS, ?
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~~t~ a~ the sum of TWENTY SEVEN THOUSAND EIGHT HUNDRED EIGHTY SEVEN AND
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~.,ti~ 70/100 (~27,887.~70) DOLLARS, said•note being secured by a Mortgage
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executed by SHELDON A. MORRIS, NANCY H. MORRIS and KENNETH ALEX-
ANDER MORRIS, JR., hereinafter-referred to as "Mortgagors", and ~
which said Mortgage is recorded in Official.Records Book 274, page ~
1123, of the public~records of St. Lucie County, Florida, encumbering ~
~ certain property in said county as more particularly described therein ~
as: ~
The Southwest ~ of the Southwest ~ _ ~
of Section 24, Township 35 South, ~ ~
Range 38 East, public records of '
~ St. Lucie County, Florida.
WHEREAS, the said mortgagors have requested the Bank to :
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advance additional sums under said Mortgage and the Bank has con- i
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! sented to advancing such additional sums as hereinafter set forth E
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in consideration of the sum of TEN (~10.00) DOLLARS, and the mutual ~
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i covenants hereinafter expressed, -
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NOW THEREFORE, the Bank does agree to advance the additional {
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sum of THIRTY TWO THOUSAND ONE HUNDRED TWELVE AND. 30/100 (~32,112.30) ?
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DOLLARS, making an outstanding principal balance of SIXTY THOUSAND
AND NOJ100 (~60,000..00) DOLLARS, and~the mortgagors do agree to
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pay said outstanding principal balance together with interest at ,
. the rate of 9-3/4$ .per annum with such principal balance and interest
~ to be paid on demand. ~
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~ The mortgagors do agree that this advance as well as any
future or additional advances as may be made by the mortgagee at
~ its option to the mortgagors, or their successors in title, for any
:~T~-1- oF FL.O R!
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~s C~`C'JM,ENiARY~
=~4~,SttiMP ; l±~ I Ow pn Cisss "C" I~p~NP~~y1~ooM1y
oEar.o~ r.EYENUE ~`a ~ •
_.t+_?:-rI~ ` 4 8. 3(~ ~ °~~~u~nt TO Ch~ptsr 71.134. Aob 01 l71.
- ~ - Pa. y ~ . ~ " ROOER POITAAS ~
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CltCUit Court, ~uoi~. CiO.• ~IL
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