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HomeMy WebLinkAbout2802 ws w • I~ i EXTENSION AGREEMENT THIS AGREEMENT, made the 18th da of January, 1979 ,between the SUN BANK OF ST. LUCIE COUNTY, a Flor da Banking Corporation, party of the first part, and John T. Wi]son and Catherine R. Wilson, Parties of the second party his wife _ WITNESSETH, WHEREAS, the said parties of the second part executed a certain promissory note dated July 22, 1974 , whereby i they pro~aised to pay to the SUN HANK OF ST. LUCIE COUNTY, party of the first part, on order the sum of ~ix,ty seven thoug~nd give hundred and no/100 the first payment coming due Se,F_ ether 1, 1974 Interest at 9$ WHEREAS, the parties of the second part executed to the party of the first part, to secure the above mentioned note, a mortgage on the following described premises, to-wit: More fully described in that certain mortgage deed recorded in Official Records Book 230 at page 20, filed July 23, 1974 in the public records of St. Lucie County, Florida. i i e - AND WHEREAS, the said party of the first part is now the holder of said note and mortgage and the said parties of the second part are now the owners of the said mortgaged premises, NOW THEREFORE, the said parties hereto, for themselves and their assigns, hereby mutually agree that the time for the payment of the unpaid balance of $59,633.21 due on said note be, and the same is hereby extended to be paid in the following manner:. Interest only for a 13 month period 'to begin July 1, 1978 with regular payment of $684.64 to resume ,August 1, 1979, and interest remaining at the rate of 9$. this In~fr,'r.~.,t , . ~ - C . Af St l~::i. : ~ ~ Coun ~.y ~ i : ~ r L' R ~ .2797 Fani P._ ~~'t", FL{, U,1 . Cif l3 RCO!f rA~~c r _ .