HomeMy WebLinkAbout0325 ~
' Fh1'F:NSION AGRF.Eti.L,+T ~~12p3
THIS ACRE~h1EI~T, mad~~ the Ju1y 5, 1978 ~
betwee~i the SLIN AANK Or ST, LUCIE COUNTY, A Florida Bankiiig Corporstioii,
party of the first part. a»d Tnnt~rt~i tV neve~e~ue_ nt cornoration .
4 Florida Corporatio~i. party of the secoiid part;
~~?ITI~ESSETH, ~l~'~iEREAS, the said party of the secoiid part executed a certain
pror.?issory iiute dated Jan. 27, 1978 ~ whereby they prumisrd
to paS• to the SUN BAI~~K OF ST. I.UC1E COUI~i1'Y, party of the fi:-st part, o:i
order the sum of T~n-thousand-and-no/1U0--------------dollars
,
the first paymeiit comiiig due t~ 1q78 Pvmt._due in fu21 .
Interestat 9$ per annum
~ti'HEREAS, the parties of the secoitd part e~:ecuted to the party of the lirst
part. fo secure the abo~•e mentioiied note, a mortgage on the followiug
described pre::~is~s, to-«~it: '
Lot 18 in RICHARD EDWARDS SUBDIVISZON, as per plat thereof recorded in .
Plat Book 10, page 1, Public Records of St. Lucie County, Florida.
Mortgage recorded in O. R. Book 281 page 349 public records
of St Lucie County, Florida.
AI~D t'VHEREAS, the said party of the first part is iicw the holder of said iiote
a~id mortgage aud the said parties of the seco~id part are izo~t~ t~:e owilers of
the said martgaged premises.
~`.Ot~' THERi:FORE, the said parties hereto, for themsel~•es ai:d their assigiis,
hereby mutua22y agree that the time for the payment of the uiipaid balaiice
of $ 10, 000. 00 due on said i~ote be, and Lhe sa.
~e is hercby
e~te~ided to be paid iii the followiiig maiiner:
$10,000.00 plus interest due September 1978
~ It beiizg expressly understood aizd agreed that the said :1-iortgage shall remaii~
iti full force aitd effect iu all respecis aiid that nothing herein shall effect or
impair auy rights aiid powers ~vhich the said party of the first part may have
thereuiider far the recovery of the said Mortgage Debt with ititerest iii the
case of tion-fu~fillment of this a~reemetii.
~
G~
T!tis 1 :1I:;,r„ :~t ; _ . „
SUr~ fS~'.'ti~ U{ , ~ i~
f,:;.....,~~. _ . . _ , ~ ;~t ~
(1 •s
B 4
a rom
f . . . . .k~ .
112 . - FC::( f'i:.ri::E~ fIORIDI~
BOOK 291, PAGE ~~W
;~4,.c , , _ - - _ - _ - - - - - .
-
~~,~,.~w~. a x: ~
# ~ ~ -
f:.-.
~
, ~~~Ma
F,~S '
_ ~
~