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MODIFiCATION, OONSOLIDATION AND ~ i
EXTENSION OF MORTGAGES AGREEMENT ~
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f~ This agreement dated this p~ day of November, •1978, by
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and between George A. Costa and Lucille V. Costa, his wife, residing at
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` ~ 31 Deerhill Drive, Ho-Ho-Kus, Bergen County, New Jersey, 07423, herein-
after referred tA as "Nbrtgagors" and Garden State National Bank, a
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; n~tional banking corporation, with ofFices at 10 Forest Avenue, Paramus, ~
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.3 Bergen County, New Jersey, 07652, hereinaRer referred to as "Nbrtgagee."
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WITNESS~'H: ~
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WHEREAS, Nbrtgagors ar~e justiy i~debted to the Nbrtgagee
, on various loans in the total sum of $1 , 171, 213. 39, as of November 1, 1978, ~
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~ t,~gether with interest ~ereafter at the rate of eight (8%) per cent per annum; !
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i WHEREAS, "Mortgagor" and "Nbrtgagee" have entered into ;
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an agreement dated November 1978, entitled "Modification of Promis-,
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~ sory Notes and Es6oppei Certificate," hereinafter referred bo as "Nbdifica-
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tion Agreemerrt , and
; 1NHEREAS, the aforementioned loans and/or obligation of the
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~"Mortgagors" were secured by the following: _
(a) and (b) a certain assignmer~t of Lease dated January S,
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,.s 1974, in o~nnection with a certain Lease agreement dated Octnber 25, 1972 j
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~ • 1 t~y a.~ 4~Qtween Lucille V. Costa, Lessor and Saint Lucie Enterprises, Inc.,
~ a Ftorida corp~ration, Lessee, which assignment of Lease was duly revorded
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and/or fited in the Dffice of tt~e Clerk (Circuit Court) for St. Lucie County, ~
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State of Florida, on January 28, 1974, as document number 273429 and OR"
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;I Book 223 at Rages 682, 683 and 684, inctusive, a true copy of which
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