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HomeMy WebLinkAbout2751 sxrslva~orl ~cRSSi~srrr43.~9 ~ WHEREAS,• March_1~,~, tg„~y Fj.Q~jA SANK AT FORT PIERCE ~MVtI FS. Pierce, Flpridg _Hereinafter termed party of the first putt, Ma1~ed. Runer~, J~,gen ,Smith ~pd___ pnrt i g - L_ ~4ni th ~ a,ig t,ti fa Hereinafter termed party. a~ the teoond prrk the am ~ SIXTY . (eore~ow~s) . THOUSAND AND NO/100 (x60,000.00)-------- ~ e'ed ~ p7 ~ tame ~ ~ by Rupert Jansen Smith and Portia L. Smith maturiag us folbws; Beginning August 20, 1978 ,monthly instalments of x539.84 ,each and every month until paid in full - and secured as follows: First Mortgage ,Legal description as follows: The South 45.45 feet of Lot 9, and all of Lot 10, Block 2, LA JEAN SUBDIVISION, according to the Plat therof as recorded in Plat Book 9, page 29, of the Public Records of St. Lucie County, Florida. - and as of the date of thin Extension Agreement, there is an unpaid principal balance due of .SIXTY THOUSAND - AND NO/100 (x60,000.00)----------------------------------------------------------~~, , , . NOW THEREFORE. at the request of the party oi' the seoond~par~~~oonsideration o! x1.00 paid by the party of the second part.the party of the first pert .does hereby-extend the imounts and -maturity of the pay- ments due on account of principal as follows: Maturity date has been extended 3 months, due to construction of home., Interest only during .construction First monthly instalment of principal and. interest will be come due November 20,.1978 , and extends payment and maturity of interest as follows: Final payment ofloan -will be .due on October 20 1998. ALL other terms and conditions of said loan or mortgage contained and of the instramenta covering the collateral pledged, sa hereby extended, are to remain in full force and effect and nothing herein contained ahaD is anywise impair the security now held for the said indebtedness. - NOTHING herein contained shall be construed as a novation and default in any of ffie terms and conditions of said loan as hereby extended, and/or in the terms of the instruments covering collateral pledged thereto, or in mortgage contained, and/or of this Extension Agreement, will automatically mature the said loss extended.here- by a~ herena~iq}'• r~ t s. '~`s,~tands and seals this_~d`day of November_ ~ 19 78 , - ~ w c,' t. •r:~ k,. ~3h~ ,.t 2~_ y: •t • ti r ~1 ~ f~~? _ ~ a . ~•?.,x~ ` - (BANK) BY: CORPORATE SEAL ~ Witness: - (ENDORSER) i - - BYE ~ - ~ Wi 1 z i (MAKER) Ru • ~ ~ cs1~AL) - Portia L. Smit . ~sEA~.) F sag ]SO 1-{. • - i - . 1 i ~ , t••• aY 3 4, 44"~ f J ~